Latest / Simply Bitcoin / BREAKING: Arizona Votes to ADD BITCOIN to Portfolio | EP 942

Transcript

BREAKING: Arizona Votes to ADD BITCOIN to Portfolio | EP 942 · Simply Bitcoin

• 0:03
  It's. All going to zero against
• 0:06
  Bitcoin. It's going up forever.
• 0:16
  You're. Against Bitcoin you're against
• 0:18
  freedom. Yeah.
• 0:24
  Welcome to another episode of Simply Bitcoin Live or number
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  one source for the peaceful Bitcoin revolution.
• 0:28
  Breaking news Culture, Matic Warfare.
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  We'll be your guide through the separation of separation of
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  money in state. Ladies and gentlemen, welcome to
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  the most watched Bitcoin only live show on YouTube, Rumble NX.
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  Welcome to Simply Bitcoin Live. Very interesting.
• 0:43
  You know developments. Look guys, we all of this is
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  happening a lot quicker than you know I thought it would.
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  But crazy news coming out of Arizona And remember, look, no
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  one's better than their incentives.
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  And as soon as politicians start holding Bitcoin themselves like
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  it's game set match and what was introduced yesterday was the
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  Arizona, Arizona Senate considers adding spot Bitcoin
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  ETF to the state's retirement portfolio.
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  Now let me ask you something. If this gets added right, you
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  know, if every senator and this is like a known fact, right?
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  Every senator really kind of has exposure to BlackRock, has
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  exposure to these like giant Fortune 500 companies, they're
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  not going to act on their own, you know, self-interest.
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  Like they're not going to, they're not going to vote
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  against themselves, right? Like this is kind of how we win.
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  And then another kind of troubling trend as well is it
• 1:42
  seemed like, and here it's very, very blatant.
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  And this is something that we've been saying for a couple of
• 1:47
  months now. It seems like a certain
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  political party is just not for Bitcoin.
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  Like, it seems like this is becoming partisan, which is
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  really weird because this is not a partisan thing.
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  Bitcoin helps all sides, right? It's the most equitable money
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  the world has ever seen. You know, it doesn't matter
• 2:05
  where you are. You can download a Bitcoin
• 2:07
  wallet if you're in Afghanistan, wherever it is, right?
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  You can download a Bitcoin wallet.
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  It doesn't care. It's not discriminatory or
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  however. However, which way you say that
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  word, and in other news as well, seems like more online
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  censorship. I think this is, you know, the
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  continuing trend of governments trying to maintain their
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  monopoly on information, which continues to just, you know,
• 2:32
  slip through their hands. And you have the TFTC channel
• 2:35
  where big fan of Marty Bent and his content and of course the
• 2:38
  Rabbit Hole recap, amazing amazing podcast.
• 2:42
  Yeah, it it seems like Marty's channel and Mark Moss's channel,
• 2:46
  which we had on Simply Bitcoin IRL the other day, got labeled
• 2:51
  as a climate denial as climate denial content.
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  Very, very interesting. Also, this isn't just happening
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  in the United States. Apparently there is a law that
• 3:01
  is being introduced in Canada called Bill C63 and apparently
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  it's just to kind of read you guys this.
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  It is a disc discriminatory practice to communicate or cause
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  to be communicated hate speech by means of the Internet or any
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  other means of telecommunication in the context in which the hate
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  speech is likely to ferment dissertation or vilification of
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  an individual or group. But here's the problem right?
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  Which is like who defines what hate speech is right?
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  Wouldn't you say that the the you know the party in power is
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  gonna define what hate speech is and potentially use that to, you
• 3:43
  know to go after their opponents?
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  And remember guys, when we break it down, we break it down in the
• 3:47
  most simplistic way fashion. If you're not allowed to say
• 3:52
  what's on your mind, if you're not allowed to speak your mind,
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  what makes you think these politicians, these bureaucrats
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  are going to be OK with you transacting freely, right?
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  Free speech is the frontline for Bitcoin.
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  If we lose free speech, we lose the freedom to transact.
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  So it's really, really important that we cover these events while
• 4:12
  they are happening. Also during the culture segment,
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  we have a very special guest. We have the CEO and founder of
• 4:19
  Bitcoin. We have Adam O'Brien on the
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  show. How you doing, Adam?
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  Man, I'm good. How are you?
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  Good man. Good man.
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  Dude, what the Hell's going on in Canada, bro?
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  These speech laws are nuts. Buddy, it is out of hand how
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  draconian things are getting here.
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  Like, we saw it. I mean it's it's it's been right
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  in front of our eyes for so long.
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  We saw it with the truckers in 2020.
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  We saw it with the vaccine mandates in 2020.
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  It's just not going to stop. I mean, we've got the perfect
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  storm to like overnight become some inhabitable wasteland where
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  we have a banking monopoly, we have a media monopoly.
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  Like we are just poised to evaporate soon.
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  And thank goodness for open source protocols like Bitcoin
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  that give, you know, the normies a a fighting chance. 100% yeah.
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  You know, protocols like Bitcoin, protocols like NOSTER,
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  you know, freedom enabling technologies, you know, thank
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  God for them because if not like this is not, this isn't looking
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  like a bright future. But don't worry guys.
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  You know, when all things are failing, we have a spy.
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  We have someone to go in there and try to, you know, you know,
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  seduce that central banker, that politician.
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  And of course, talking about optimist fields.
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  He is 0 for five right now. He's tried with the Ellen, he's
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  tried with Augustine Carson, you know, but he's going to succeed
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  one day. Have you tried with Trudeau
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  Opti? Trudeau would like me.
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  I already know. That he'd love you.
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  I have not yet Adam. I need.
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  I need his digits bro. I need the digits.
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  I I don't think he likes me very much.
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  We actually in on April Fool's last year, we made like a joke
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  and we we said that we were going to make a cryptocurrency
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  called Trudeau like TR. E.
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  DO like how are you spelled dough and then and then we made
• 6:18
  us follow up video where I just said Trudeau is a joke, but like
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  obviously, you know, that's the Prime Minister who is a joke.
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  Oh, my God. Oh, my God.
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  Oh, my God. But I mean, Opti, you're not
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  zero for five. You you have Christine Lagarde,
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  right? You could.
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  You could be proud. Of you know, it's a numbers
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  game, guys. You win some, you lose some.
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  It is what it is. Oh my God.
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  All right. So Opti, what are we going to
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  talk about during the culture segment?
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  We got some, we got some, we got some giveaways on the on the
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  show today, ladies and gentlemen.
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  Guys, we're going to do another live giveaway with Adam.
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  He's going to update us on the Bitcoin jackpot contest with
• 6:55
  Bitcoin Well and all you guys signing up, he just kind of ran
• 6:58
  over some of the numbers with us and you guys are signing up in
• 7:01
  droves or troves and man, it's going to be good.
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  So we're going to do a live 1. Adam came on, showed us some of
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  the back end stuff. He's he's going to nerd out with
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  us. He remember when I had to do a
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  giveaway guys, it took me forever.
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  Adam just wrote a script real quick and he's it's going to be
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  dope. I think you guys are going to
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  like this. So stick around, we're going to
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  do a live giveaway and then we'll update you guys on
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  everything going on with Bitcoin well.
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  Yeah and and when you said script it's like a like it's
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  like a coding. Script, right?
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  Yeah, actual script. Like a like, like a really,
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  really fancy script. Adam, could you explain how how
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  you know the winner's gonna be picked?
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  Because I thought it was fascinating when you were
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  showing it to to us. Before, So I was chatting with
• 7:41
  with with some of the team and stuff and we were like, we gotta
• 7:44
  find a good way, like an actual good way to give away the
• 7:47
  Bitcoin jackpot, which right now is north of 2.3 million Sats,
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  which is so sick. And so we were, you know,
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  there's like put names in a hat and and pick it out, but that's
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  like physical barriers. And so knowing that the block
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  hash is random, as everybody watching hopefully knows and now
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  knows, you know, the block hash of blocks are random.
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  We've got a script that takes the block hash, assigns a
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  decimal to the last six integers or digits of the block hash, and
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  then applies that to the total number of entrants, which then
• 8:22
  just spits out an entrant. And so it's yeah, it's pretty
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  cool. We'll do it live on the show.
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  Cuz the first one, like the passport, that random one, like
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  we've got, boom, someone's getting a passport.
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  Someone that entered between when the contest opened and
• 8:37
  yesterday is getting a passport just straight up.
• 8:40
  So we're gonna pick that person today and I'm going to e-mail
• 8:44
  them later and passports coming their way.
• 8:46
  So shout out to the collaborations of the simply
• 8:48
  Bitcoin community man. I I love working with these guys
• 8:51
  and just a little bit of a of a forward-looking thing.
• 8:54
  One of your sponsors is also coming in in a in a pretty big
• 8:57
  way for the prizes coming up. So make sure you enter the
• 9:00
  contest, man. Oh, man, I'm excited.
• 9:03
  All right, ladies and gentlemen, we will be announcing the winner
• 9:06
  of the Passport by Foundation Devices and so many prizes along
• 9:11
  the way. All right, guys, let's jump into
• 9:13
  the numbers. But before we do that, I do want
• 9:15
  to give a very, very special shout out to art Flagship
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• 9:44
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• 9:59
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• 10:05
  10% of that pot is going to a geyser project, but you need to
• 10:09
  vote. It's pinned to the top of the
• 10:11
  Bitcoin Well, Twitter. So go to the Bitcoin Well
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  All right, everybody, let's check out the numbers.
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• 12:12
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  Total Lightning Network capacity 4395 Bitcoin capacity value 297
• 12:27
  million U.S. dollars Realized Monetary inflation 1.74% The
• 12:32
  market capitalization of Bitcoin 1.33 trillion U.S. dollars
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  Bitcoin versus gold market cap 9.65%.
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  I heard that once it breaks 10% there will be a teardrop coming
• 12:44
  down Peter Schiff's face. Anyways, quick NEWS UPDATE
• 12:48
  breaking news. I'm highly concerned about my Co
• 12:51
  host. I did see him tweet this out
• 12:54
  this morning and he says I won't tell anyone I'm part of the new
• 12:58
  wealthy elite but there will be signs.
• 13:01
  I am highly concerned Opti will turn into Scarface anyways.
• 13:05
  Dude, look at this guy's thriving.
• 13:07
  What are you talking about? I feel like Opti will disappear.
• 13:11
  I'm highly, highly concerned. OK, all right.
• 13:14
  In in other news, so look, we all kind of have to remember.
• 13:20
  We have to kind of zoom out and understand what is happening
• 13:23
  right now. There's a fundamental shift in
• 13:26
  the world, something that was predicted by one of my favorite
• 13:30
  books, I think a book that all bitcoiners should read, which is
• 13:33
  the sovereign individual. The rise of in information
• 13:36
  technologies is liberating individuals from their
• 13:41
  governments, from nation states. And I think a lot of the
• 13:45
  censorship, a lot of the hostility towards Bitcoin, comes
• 13:50
  from the fear. The fear that, you know, these
• 13:54
  politicians that get a tremendous amount of power from
• 13:57
  being able to create money for free, that everyone else has to
• 13:59
  for. There's a fear that they're
• 14:01
  losing that privilege, that power, right.
• 14:06
  And you know, there's there's a couple themes though.
• 14:08
  There's a couple things that you have to take into consideration,
• 14:11
  which is remember we have better incentives and like we're seeing
• 14:16
  with BlackRock, this is an institution you know that a
• 14:19
  couple years ago you would associate with the, you would
• 14:21
  associate it with the World Economic Forum.
• 14:24
  You know, don't own anything. Be happy, ESG, all that stuff.
• 14:28
  And then Fast forward, you know, Larry Fink, to quote him, said
• 14:32
  that Bitcoin is is like better nothing better than an index of
• 14:35
  money laundering. That's literally his exact
• 14:37
  words. And then a couple years later,
• 14:39
  you know, he's, he's using all the Bitcoin talking points, you
• 14:43
  know, on legacy financial media, right?
• 14:45
  Why? Because Bitcoin's incentives
• 14:47
  stay winning. So through this transitionary
• 14:51
  period that we're all living through, some people like to
• 14:53
  call it the 4th turning, some people just like to call it, you
• 14:56
  know, the transition from the industrial age into the
• 14:59
  information age with whatever you'd like to call it.
• 15:02
  It's really important to kind of see what is happening in a
• 15:05
  historical perspective so that you can stay on top of what's
• 15:09
  happening, right. You can not only arm yourself
• 15:13
  with the tools in order to reach financial sovereignty, reach
• 15:17
  sovereignty in general and also help the people around you,
• 15:21
  right? So, you know, help your parents,
• 15:23
  help your wife, help your children, help your husband.
• 15:26
  The people that perhaps aren't, you know, technically savvy or
• 15:30
  they just don't care, you know, they're distracted with the
• 15:32
  bread and circuses. I always remember that meme of
• 15:35
  the guy with the BBQ. You know, he's like, like he's
• 15:38
  like grilling some steaks. And then, you know, you tell him
• 15:40
  this crazy stuff, like the money stealing from us.
• 15:42
  And then he just looks at the person he's like, so did you
• 15:45
  catch the game last night? There's people that are like
• 15:47
  that, right? You know, and they could be your
• 15:48
  friends, They could be your family.
• 15:50
  It's up to you. You know, take take action, take
• 15:53
  agency and, you know, help those people, be that Uncle Jim in
• 15:56
  your family. Anyways, here's Hillary Clinton,
• 15:59
  and he or she is saying the quiet part out loud.
• 16:01
  This is a old clip, but don't worry, I'm going to connect it
• 16:04
  with a new clip that actually Jeff Booth said at Bitcoin
• 16:10
  Atlantis and Madea. By the way, incredible
• 16:12
  conference. Highly recommend it guys if you
• 16:14
  if you haven't been, but let's check out this clip from Hillary
• 16:17
  Clinton. And then one more area that I
• 16:21
  hope nation states start paying greater attention to is the rise
• 16:24
  of cryptocurrency. Because what looks like a very
• 16:29
  interesting and and somewhat exotic effort to literally mine
• 16:35
  new coins in order to trade with them has the potential for
• 16:41
  undermining currencies, for undermining the role of the
• 16:46
  dollar as the reserve currency for destabilizing nations,
• 16:51
  perhaps starting with small ones, but going much larger.
• 16:55
  So when we think about this new environment in which we find
• 16:58
  ourselves that we've been discussing for the last some
• 17:02
  minutes, we can't just think about nation States and then one
• 17:06
  more area. That so I'm gonna stop it there.
• 17:08
  It's on the loop real quick. And I just gotta say what
• 17:11
  Hillary Clinton was saying. She's absolutely correct.
• 17:15
  And I'm ringing the Bitcoin. Well, rings the bell bell to
• 17:20
  signify that Hillary Clinton is correct.
• 17:23
  And she also said something really interesting as well.
• 17:26
  She mentioned the word exotic. So going back to this, this is
• 17:29
  what Opti is going to be doing when Bitcoin hits $1,000,000.
• 17:34
  And once he gets his face scratched off by a lion, simply
• 17:38
  Bitcoin is not paying for that. So Opti, be very, very, very
• 17:42
  careful. No, I'm just kidding.
• 17:44
  The joke. YouTube.
• 17:45
  I mean, it's a bad joke. I'm a dad now, so I tell bad dad
• 17:48
  jokes. Anyway, So what is happening,
• 17:50
  right? And again, this is what the
• 17:53
  sovereign individual predicted. This is exactly what is
• 17:56
  happening in real time. And it's extremely exciting.
• 17:59
  And I just gotta say this to Hillary Clinton.
• 18:02
  And, you know, for the record, I did not suicide myself.
• 18:05
  I think it's a good idea, right, that, you know, there is
• 18:09
  alternatives to Fiat money. I think it's a good idea that,
• 18:14
  you know, the power base of society isn't necessarily in the
• 18:17
  hands of unelected bureaucrats or bureaucrats in general.
• 18:21
  I think it's a good idea that the power base of society is in
• 18:25
  the hands of entrepreneurs, in the hands of builders.
• 18:29
  And I think that as long as you know the money is in the hands
• 18:32
  hands of the state, I I just think that you're going to have
• 18:36
  what we have today essentially. So I just want to want to.
• 18:39
  I kind of want to read a couple of these passages.
• 18:42
  And it says new technologies will allow the holders of wealth
• 18:44
  to bypass the national monopolies that have issued and
• 18:47
  regulated money in the modern period.
• 18:49
  Their importance for controlling the world's wealth will be
• 18:52
  transcended by mathematical algorithms that have no physical
• 18:55
  existence. In the new Millennium, cyber
• 18:57
  money controlled by private markets will supersede Fiat
• 19:01
  money issued by governments. Now what are the benefits of
• 19:04
  this? It says it too.
• 19:06
  Genius will be unleashed, freed from both the oppression of
• 19:09
  government and the drags of racial and ethnic prejudice in
• 19:12
  the Information Society. No one who is truly able will be
• 19:16
  detained by the ill formed opinions of others.
• 19:18
  It will not matter what most people on earth might think of
• 19:21
  your race, your looks, your age or the other, or the way you
• 19:24
  wear your hair in the cyber economy, they will never see
• 19:27
  you. The ugly, the fat, the old, the
• 19:29
  disabled will vile with the yet with will vie with the young and
• 19:33
  beautiful on equal terms in an utterly colour blind anonymity
• 19:37
  on the new frontiers of cyberspace, cyberspace.
• 19:40
  And that's only possible with something like Bitcoin.
• 19:44
  So when you hear Hillary Clinton, the way that she's
• 19:48
  phrasing it and the way that she's phrasing it and saying it
• 19:51
  as if this is a bad thing, the way that Christine Lagarde is
• 19:54
  basically calling an alarm and saying, listen, without central
• 19:57
  bank, the worlds are going to, you know, catch on fire.
• 19:59
  Without KYC AM L, you know, everything's just going to
• 20:03
  spontaneously combust. You have to remember.
• 20:06
  That, you know, they're they're really trying to protect the
• 20:08
  status quo, right? What bitcoiners are
• 20:11
  fundamentally fighting for is that we understand that no human
• 20:15
  being should have the privilege and the ability to create money
• 20:19
  for free that another human being has to work for.
• 20:22
  That's what, That's what you know, Bitcoiners believe.
• 20:25
  And we also believe that people should have the ability to do
• 20:28
  their own research and get to decide what information they
• 20:31
  want to consume and what information they don't want to
• 20:34
  consume. No bureaucrat should have that
• 20:36
  power. And I think the last, you know,
• 20:38
  10 years have shown that bureaucrats, governments have
• 20:42
  continued to abuse that power for their own gain.
• 20:46
  And you could make a really good argument that, you know, I'm
• 20:51
  just going to say, I think, you know, there is certain
• 20:53
  situations where if government did absolutely nothing, I think
• 20:58
  things would have turned out better.
• 20:59
  Now with all that being said, and I'm going to end it with
• 21:02
  this, you know, this is an election year in the United
• 21:05
  States, right? So it's a very heated
• 21:08
  politically political environment.
• 21:11
  But Jeff Booth is dropping the sauce right now.
• 21:14
  What do you do as a bitcoiner? Well, what Nico says, I'm sure
• 21:18
  what Adam will say as well, what OPTI will say, number one thing
• 21:21
  you could do is you buy Bitcoin, earn Bitcoin, earn my mind
• 21:25
  Bitcoin and take that Bitcoin into self custody.
• 21:29
  Right. That's number one thing you
• 21:30
  could do. But what is thing #2?
• 21:32
  I'll let Jeff Booth tell you. Let's check it out.
• 21:35
  So think about what happens when people March down the street,
• 21:37
  break windows, turn over cars, light cars on fires and
• 21:41
  everything else, and then go back home to sleep.
• 21:44
  Where did the money come to to fix all that stuff?
• 21:47
  And and it came from their actions making the system
• 21:49
  stronger. And so when you're fighting
• 21:52
  within that system, when you're yelling at your tiny little
• 21:55
  divide, whether it's climate change or political party,
• 21:59
  you're actually strengthening that entire system over you.
• 22:02
  And this is something that was, I'll talk about it on Sunday,
• 22:06
  but this is something for me that I realized that probably
• 22:11
  long after Jack realized. But but I was a hypocrite in
• 22:15
  Bitcoin because I had my I had a hedge in Bitcoin but I was
• 22:20
  spending all my energy in the existing system and that was a
• 22:23
  really hard moment to realize that And as as soon as I shifted
• 22:27
  all of my energy into the new system it was just abundance
• 22:30
  everywhere and you guys are part of it and so and and and I I
• 22:35
  suspect it that can't be stopped because more and more people are
• 22:39
  going to see it and more and people are doing the same
• 22:42
  journey that we all did and they might be at step one of that
• 22:46
  journey but they're all coming over eventually and that every
• 22:49
  one of those people make the existing system weaker over
• 22:52
  them. There is no system of control if
• 22:54
  you don't believe it. I 100% agree with Jeff Booth,
• 22:59
  right? There is no housing crisis if
• 23:02
  you've been on a Bitcoin standard.
• 23:04
  There is no political divide. If you're a bitcoiner, there is
• 23:08
  no left and right. There is no conservative verse
• 23:12
  liberal. None of those things matter if
• 23:15
  you're a bitcoiner. These systems of control, right,
• 23:18
  these divisions. I called it the divide and
• 23:20
  conquer strategy that you know, nation States and government
• 23:24
  people like Hillary Clinton telling you, yes, let's increase
• 23:28
  the taxes and give, you know, governments absorbent amount of
• 23:31
  money. Allow them to print money out of
• 23:32
  thin air, you know, and that somehow is going to fix, you
• 23:35
  know, the climate, you know, these problems that they kind of
• 23:38
  have to create to, you know, to gain more power to justify the
• 23:43
  printing of money and debasing everyone else's.
• 23:45
  Who's holding that said, money Jeff hit the nail on the head.
• 23:50
  Opt out. So it's an election year this
• 23:53
  year and the most important thing you could do, it's your
• 23:55
  duty as a bitcoiner to vote. But you know what the most
• 23:59
  important vote you can make is taking Bitcoin into self
• 24:02
  custody. And you know where the best
• 24:04
  place to do that is? bitcoinwell.com because it's
• 24:07
  self custody by default. Anyways, Adam, what's your take
• 24:09
  on this? I mean, dude, you you've been
• 24:12
  around a while. I found this in the merch box.
• 24:14
  By the way, this is my Bitcoin. Well, bell bell, I'm not giving
• 24:18
  it away. It's mine now.
• 24:21
  But what What's your take on this, man?
• 24:24
  Because I fundamentally agree, right, Like the housing crisis
• 24:27
  thing that we we talked about it on yesterday's show.
• 24:29
  There is no housing crisis if you've been living on a Bitcoin
• 24:32
  standard, right? Like housing has gotten cheaper.
• 24:35
  Maybe on Fiat terms it's doubled.
• 24:37
  But if you've been living on a Bitcoin standard, there is no
• 24:39
  housing crisis. There is abundance everywhere.
• 24:42
  There is optimism. I think it's if you've been
• 24:46
  living on a Fiat standard, if you're still thinking in Fiat
• 24:48
  terms, right? There is nihilism, right?
• 24:51
  There is lack of opportunity. There is, you know, all these
• 24:56
  terrible things, you know, that come with living on an
• 24:59
  inflationary money, right? So what's your take on what Jeff
• 25:02
  said? What's your take on what Hillary
• 25:03
  Clinton said? Bang on man.
• 25:06
  I mean I I cannot count how many times I've said housing is a
• 25:12
  liability and not an asset for exactly the reasons that we are
• 25:16
  saying here. I think it's, I think it's
• 25:18
  incredibly important that we almost decouple ourselves from
• 25:22
  like it is fun to watch number go up obviously but we have to
• 25:26
  realize that it doesn't really matter like the only reason you
• 25:29
  track number go up is so that you can you can sell you know
• 25:33
  that thing for more Fiat and then what do you do with that
• 25:37
  Fiat like people all the time. I mean, I've been doing this.
• 25:40
  I've been talking about Bitcoin for 10 years.
• 25:43
  And so everyone in my circle, everyone even outside of my
• 25:46
  circle, Like if someone, if one of my cousins has a guy that
• 25:50
  wants to learn about Bitcoin, he just hands him my number, which
• 25:53
  is like sometimes gets a little annoying.
• 25:55
  But I'm the Bitcoin guy in in in all of my circles and they all
• 25:58
  ask me, oh, when are you going to sell?
• 26:00
  You know, this is insane. You've been buying Bitcoin since
• 26:02
  it was $100 and now like in Canada, it's $90,000.
• 26:07
  Like, when are you going to sell?
• 26:08
  It's like, what would I do if I sold like, why would I sell like
• 26:12
  what am I going to do with it? Put it into like the bank?
• 26:15
  Well, I'm like, can't do that. Am I going to buy stocks and
• 26:19
  bonds like that? Seems a little silly.
• 26:21
  Like why would I sell my Bitcoin unless I am to consume?
• 26:27
  And that's the difference between the investing and the
• 26:29
  savings mindset is when you are saving, you save in order to
• 26:34
  consume in the future, which is literally what Bitcoin is
• 26:37
  designed to do. It's it's designed to save the
• 26:40
  value you create with your time and spend it in the future like
• 26:44
  whatever, renovate your your, your living environment to go on
• 26:49
  a trip to like, you know, support or provide for your
• 26:52
  family. Like, these are the things that
• 26:53
  we're supposed to do. Invest in the business, invest
• 26:55
  in the economy. Like this is how we're supposed
• 26:58
  to live and how our money is supposed to work.
• 27:01
  Instead, what we have now is this incredible Fiat casino that
• 27:05
  literally everybody, 100% of people, with the exception of
• 27:10
  bitcoiners maybe have been indoctrinated into thinking they
• 27:14
  need to participate in. If your money is in the bank, it
• 27:17
  literally loses money. Hard stop.
• 27:19
  And so we are forced to create an environment where our our
• 27:22
  Fiat grows. And then that mindset is so
• 27:26
  toxic and so bad and it creeps into everything.
• 27:29
  It creeps into rushing decisions.
• 27:31
  It creeps into, you know, like the majority of scams that we
• 27:34
  see are only because people are petrified, upholding Fiat and
• 27:39
  they are forced or at least they think they are forced into
• 27:42
  giving their money to someone else who is smarter.
• 27:44
  We have. We have such an unhealthy
• 27:46
  relationship with money and Bitcoin is here to just fix it
• 27:49
  all. And we are like obviously you
• 27:52
  got to be focused, you got to have the drive, the proof of
• 27:55
  work to go and educate yourself. But yeah, like just opt out and
• 27:59
  do it. Get out of that mindset of
• 28:02
  number, go up one Bitcoin is 1. Bitcoin purchasing power is
• 28:06
  where it's at. But So what?
• 28:08
  Like, it's great that number go up, but you should still just
• 28:11
  focus on staying humble. Stacking sats, With the
• 28:14
  exception, of course, of pet cheetahs.
• 28:17
  Let's go in. The.
• 28:20
  Morning. For you.
• 28:21
  And you alone, Opti? OK, well Adam, I I actually got
• 28:24
  a question. Wait.
• 28:25
  Adam said something really important, which is everyone you
• 28:28
  know asks him about Bitcoin. So I'm gonna put it up on the
• 28:31
  ticker DM Adam right now on Twitter and ask him your
• 28:35
  questions about Bitcoin. Go right now and ask.
• 28:39
  Blow up Adam blow UPS Adam's Twitter Follow his Twitter right
• 28:42
  now at Adam O'Brien under score. Check him out.
• 28:46
  He is the Bitcoin cannot. Wait, between the questions
• 28:48
  Bitcoin. OG, CEO of An Amazing Bitcoin on
• 28:52
  Ramp and Opti. What are you saying?
• 28:54
  Yeah, yeah. So we get to.
• 28:56
  Start wearing cheetah. Sin just.
• 29:00
  Bro, why would? He dude to.
• 29:02
  Wear the skin. This guy, this guy has never had
• 29:05
  an animal in his life. Anyways, Adam, we we get we get
• 29:11
  Flack in the chat a a chat a lot about pricing Bitcoin in Fiat
• 29:14
  terms. Do you think this is anti?
• 29:19
  You think this is an anti bitcoins viewpoint?
• 29:22
  Is this a is this still a Fiat mindset?
• 29:24
  What's your thoughts on this? Nah, listen, Fiat is the only
• 29:28
  way currently to properly gauge purchasing power.
• 29:33
  And I think that like we could price it in lattes or in like,
• 29:37
  what did we say the other day? We were gonna do pizzas.
• 29:40
  Pizzas on. The show we were.
• 29:41
  Gonna we did. Houses yesterday.
• 29:43
  OK, yeah, so it's like, but like, there's just nuance to all
• 29:47
  of that stuff. Like the like, literally.
• 29:49
  The reason money exists is like dating back thousands and
• 29:54
  thousands of years is because it's impossible to put a real
• 29:57
  value behind services and goods. And so you know the our
• 30:01
  ancestors, the humans of yesteryear, provided or chose
• 30:06
  like scarce gems and things to be able to price things.
• 30:09
  And this is 1 gem, this is 3 gems, this is 4 gems.
• 30:12
  And we've just devolved, our money has just devolved over the
• 30:15
  last whatever few thousand years to the point now where it's kind
• 30:19
  of impossible to price anything. Like if especially in Canada, if
• 30:24
  you look at the difference in purchasing goods and then
• 30:28
  coupled with the quality of those goods like wood, like
• 30:32
  timber, lumber in Canada is more volatile than Bitcoin at this
• 30:36
  point. It is, it's absolutely insane.
• 30:38
  And so I think we need a central unit of account to kind of at
• 30:43
  least pretend to think about purchasing power.
• 30:48
  But I don't know how else you would do that if not like the
• 30:50
  general unit of of account. I mean you could probably try
• 30:54
  human hours, but everyone's hour of Labor is going to be
• 30:58
  different different values. So kind of kind of hard to do I
• 31:02
  think. I think we do have to price it
• 31:03
  in Fiat, but like remember the market price, like like let's
• 31:08
  let's let's just check our time preference for a SEC.
• 31:10
  If the market prices things in Fiat and then we are celebrating
• 31:16
  when Fiat goes up. You could also like just the
• 31:20
  market doesn't dictate when you sell your Bitcoin.
• 31:22
  So if you are a bitcoiner and your Bitcoin is savings, like
• 31:26
  the short term market cycles will kind of determine when you
• 31:29
  do or do not spend your Bitcoin. And so if you're really hungry
• 31:33
  to like go on a nice family vacation or you got to like
• 31:35
  whatever, your house needs some fixing up or like maybe you need
• 31:39
  a chair or two. You you probably shouldn't spend
• 31:43
  SAT's when they're too cheap. And so you can celebrate like,
• 31:46
  oh awesome, my purchasing power is increasing, but I don't know
• 31:49
  that it's just like this arbitrary number.
• 31:53
  It should be, in my opinion, just savings.
• 31:56
  And when your savings have purchasing power, you are maybe
• 32:00
  a little bit more liberal with your spending, knowing full well
• 32:03
  that it will punish you in the future.
• 32:05
  And if it doesn't punish you directly, it will punish your
• 32:07
  future generations. Because that family vacation
• 32:10
  this year could have been five family vacations next decade.
• 32:14
  And understanding and finding that balance is part of being a
• 32:18
  bitcoiner. It's the it's the it's the
• 32:20
  sociological kind of insight to yourself.
• 32:24
  I love it, yeah. And that kind of like forces you
• 32:27
  to think long term. You start thinking differently
• 32:31
  because you know, all of a sudden, I see what you said.
• 32:33
  You know that family vacation, upgrading your laptop, right?
• 32:37
  You know, that's gonna cost you, you know, twice as much, maybe
• 32:40
  10 times as much in the future. Right, my phone.
• 32:44
  I'm not sure if you can see this.
• 32:46
  My phone is literally like there's a green line on it
• 32:49
  because the screen is like cracked and I've been dropped
• 32:55
  it. It's been in water like it's
• 32:56
  unbearable. Using that in the dark is like
• 32:58
  very sore to my eyes, but I'm just like, it's fine.
• 33:03
  I can still message and get stuff done and whatever, it's
• 33:08
  good to go. All right, Nico, let me pop in
• 33:11
  here for the. I wanna respond to this Hillary
• 33:13
  clip, cuz I absolutely love this.
• 33:16
  I love when people like Hillary come out against Bitcoin because
• 33:19
  you know, when they flood Bitcoin, when the very people
• 33:22
  that are the problem start flooding Bitcoin.
• 33:24
  It just reminds me of how right we really are and that we're
• 33:26
  actually on the right track. I know everyone likes to flood
• 33:29
  Bitcoin and there's times when people bring up some points and
• 33:33
  you're like, oh maybe, you know, we always got to check our
• 33:35
  premises and and when I see stuff like this, I constantly
• 33:38
  say it, it reminds me that we are on the right track.
• 33:41
  It's when they get scared and they start flooding Bitcoin.
• 33:43
  It really, really makes me confirmed that we are right.
• 33:50
  I don't know what this thing's going on the bottom.
• 33:52
  But anyways, I also want to kind of regard something, you know,
• 33:56
  destabilizing Bitcoin, destabilizing nations.
• 33:59
  Isn't that her job? All right, YouTube, that was a
• 34:02
  joke. I just, I just love exposing
• 34:06
  their, their hubris on the show. It's it's my favorite pastime.
• 34:09
  And then to Jeff, Jeff Booth's point, You know, life's just
• 34:13
  better on Bitcoin. You can see it here.
• 34:16
  You can see it even by the name. The meme of Optimus Fields.
• 34:19
  Like Bitcoin provides you a better life.
• 34:22
  And the Fiat world is full of nihilism and decay and Bitcoin
• 34:26
  is full of hope and freedom and prosperity.
• 34:28
  And it's just it's just such a better life on the Bitcoin
• 34:31
  standard. And then, you know, just one
• 34:33
  last joke here, Nico, before we get fully naked off YouTube.
• 34:36
  You know, I I love that cyber economy quote from the sovereign
• 34:39
  individual because I think like, I'm a living example of this.
• 34:42
  Like, this is a chase for radio and yet we have a great YouTube
• 34:45
  show. No one cares what we do.
• 34:47
  We just show up and provide value and and people love what
• 34:50
  we're doing. And it's just like, yes, we are
• 34:53
  the vanguard of the the new future, a brighter future, an
• 34:56
  orange future, and everyone out there that watches and stacks
• 35:00
  Bitcoin and spreads the Bitcoin signal is a part of that future.
• 35:03
  And it just, it feels good to be a part of like the right thing
• 35:06
  being on the right side of history. 100 percent, 100%, man,
• 35:09
  it's it's an app. It's a it's a very, very bright
• 35:12
  future ahead of us. It is going to be kind of a
• 35:15
  bumpy transition, but we are going to win this thing.
• 35:18
  And the way that we win this thing is more individuals taking
• 35:22
  self custody. If enough people do it, we will
• 35:26
  win. I do want a shout out to our new
• 35:28
  merch drop. It just dropped right now, guys.
• 35:31
  We we teamed up with Opti. How do you pronounce the
• 35:34
  artist's name 'cause I butchered?
• 35:36
  Awesome, Noah. That's not awesome.
• 35:37
  Noah, we got multiple, We got shirts, we got hats, We got
• 35:42
  ladies merch as as well. So go right now to the Simply
• 35:45
  Bitcoin Shop. You can scan the QR code.
• 35:49
  You can check the link in the video description.
• 35:52
  This is a limited drop, so there's only so many pieces.
• 35:56
  You have to get yours while supplies last.
• 35:59
  So scan the QR code or check the link in the video or podcast
• 36:03
  description. All right, everybody, let's get
• 36:06
  to news. We have a lot to talk about.
• 36:07
  Let's check it out. Here we go.
• 36:11
  The Daily News. I want to give a shout out to
• 36:15
  our sponsor, Foundation Devices. It's self custody done right.
• 36:19
  They built a premium grade hardware wallet called Passport
• 36:23
  right here in the US. It's fully open source and
• 36:26
  verifiable. It's the most intuitive Bitcoin
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  craft premium grade materials. If you're thinking about getting
• 37:02
  your Bitcoin off exchange changes, this is the one for
• 37:05
  you. Check out the passport link in
• 37:07
  the show notes below to learn more.
• 37:10
  All right ladies and gentlemen, for some reason it's OPTI on
• 37:13
  screen. You can scan the QR code on your
• 37:16
  screen right now. It will take you directly to the
• 37:18
  Foundation Devices website where you can get yourself a Passport
• 37:22
  hardware wallet. We will also be announcing the
• 37:24
  winner of the Bitcoin Jackpot contest where we gave away a
• 37:29
  Passport hardware wallet. Also by the way, guys, you know,
• 37:32
  in case you missed away that giveaway, I was talking to Adam
• 37:36
  this morning. We will be doing giveaways, you
• 37:40
  know, for the next couple of weeks.
• 37:42
  Different Bitcoin merch, different books, all this stuff,
• 37:45
  it's really, really exciting. All you got to do is you enter
• 37:49
  the Bitcoin Jackpot contest. So go right now to
• 37:52
  bitcoinwell.com/contest for more details.
• 37:56
  Adam, the current jackpot right now is at 2.3 million Satoshi.
• 38:00
  Is that correct? Yeah man, I think it's probably
• 38:02
  more than that now, which is pretty crazy.
• 38:04
  We we only update the contest jackpot every like once a day,
• 38:09
  so it kind of just grows like a lot, which is awesome.
• 38:13
  That's crazy. So guys, go to
• 38:14
  bitcoinwell.com/contest. Not only are you entering an
• 38:18
  opportunity to win, Satoshi's also help the Bitcoin community
• 38:22
  all these geyser projects and also an opportunity to win some
• 38:26
  some Bitcoin stuff, hardware wallets, you know, backup
• 38:32
  things, books, all these awesome prices that prizes that we will
• 38:35
  be announcing in the next couple weeks.
• 38:37
  Anyways, quick ETF update ladies and gentlemen, between all the
• 38:40
  platforms there's almost 500 live viewers.
• 38:42
  So if you're enjoying the show, make sure to smash that like
• 38:45
  button really, really helps with the algos.
• 38:48
  Smash the smash the like button. Smash it on rumble on YouTube.
• 38:52
  Anyways, ladies and gentlemen, BlackRock almost has Yeah, look
• 38:57
  at that. I refreshed it.
• 39:00
  You know how big? You know how big that jump was?
• 39:04
  I refreshed the page. That was yesterday's page.
• 39:07
  OK, I refreshed it live. It was at 183,000 Bitcoin and it
• 39:13
  jumped to 187,000 Bitcoin. So that literally BlackRock
• 39:18
  stacked 4000 Bitcoin in 24 hours.
• 39:23
  Fidelity's up to 115,000 Bitcoin.
• 39:26
  Again, reference Sailor MicroStrategy has 193,000
• 39:32
  Bitcoin. So BlackRock is like knocking on
• 39:35
  the door and it took sailor, you know, years to accumulate this
• 39:39
  position. Of course, BlackRock is the
• 39:41
  largest asset manager in the world.
• 39:43
  This isn't Black Rock's Bitcoin. This is all their clients you
• 39:46
  know that are that are buying the ETF to get exposure.
• 39:49
  Whoa, whoa, whoa. Let's be very clear.
• 39:51
  That is Black Rock's Bitcoin. Yeah.
• 39:55
  OK. If if they choose to give it
• 39:56
  back to their clients, then they will well.
• 39:59
  Let, let, let's, if we're gonna go down that route, let's be
• 40:03
  very clear, it's Coinbase's Bitcoin.
• 40:05
  And then let's be even more clear.
• 40:07
  It's the US government's Bitcoin, right?
• 40:10
  6102 This has 6102 written all over it, man.
• 40:14
  So there's different there's definitely, you know, there's a
• 40:16
  rabbit hole there. It's, you know, it's that meme
• 40:20
  of like the the big guy. Like, you know, it's like the
• 40:22
  small guy first. It's the bigger guy and the
• 40:24
  bigger guy behind it. Opti, I know, I know.
• 40:26
  You know what I'm talking about, right?
• 40:29
  The memes of the memes of like, the smaller guy.
• 40:31
  Then there's like, the big guy behind.
• 40:32
  You There's like, the bigger Undertaker meme.
• 40:34
  Yeah, yeah, exactly. The Undertaker meme.
• 40:36
  So like, really, it's like it's Blackrock's Bitcoin.
• 40:39
  No, it's Coinbase's Bitcoin. No, it's really the US
• 40:41
  government's Bitcoin. So yes.
• 40:44
  Anyway, so quick ETF update, they're gobbling up all this
• 40:48
  Bitcoin. Anyways, what I wanted to talk
• 40:50
  about today is, guys, if this starts to happen on a massive
• 40:55
  scale, we win. And I think this is a pretty
• 40:59
  big, this is historically it's a big deal.
• 41:04
  It doesn't really have a chance to pass just because of the, you
• 41:08
  know the political environment in in Arizona.
• 41:13
  But the fact that this is being introduced is is a is is a big
• 41:18
  deal and of course what am I talking about?
• 41:21
  Arizona Senate considers adding spot Bitcoin ETF to the state's
• 41:27
  retirement portfolio right now if this passes right all of a
• 41:32
  sudden, right. This isn't, you know, federal
• 41:34
  senators, but this is state senators.
• 41:37
  They are starting to benefit for number go up.
• 41:40
  Once they start benefiting from number go up, do you think
• 41:44
  they're going to start voting against their own self-interest?
• 41:48
  Right. So this is Bitcoin's incentives
• 41:51
  kind of going from the ground up like it's grassroots.
• 41:55
  It's kind of infecting you know infecting.
• 41:58
  And I say that like in a nice way.
• 41:59
  It's like you know it it's it's and the really the way that I
• 42:02
  see Bitcoin is this like it's like this AI really that's like
• 42:06
  captured you know, human the human being's greed.
• 42:10
  And you know, it's it's like it, it's captured humans beings
• 42:14
  greed to ensure its survival. And like what do I mean by that?
• 42:18
  Kind of like rabbit hole conversation.
• 42:19
  And when the China mining ban happened, right.
• 42:22
  Without any central party CEO any anybody like telling, you
• 42:27
  know, these Bitcoin miners to relocate, they did it by
• 42:30
  themselves because of Bitcoin's incentives, right?
• 42:35
  The mining difficulty, it adjusts, right?
• 42:37
  Bigger mining rewards. You know, if you're an
• 42:40
  entrepreneur, you're like wow, that's there's a profit
• 42:43
  incentive there. So it's like this thing had this
• 42:46
  network, this protocol, this, you know, whatever Satoshi
• 42:50
  created, right. This rudimentary AI has, you
• 42:55
  know, captured humanity to ensure its survival.
• 42:58
  In the process, it gives humanity hope.
• 43:01
  It gives humanity optimism. It gives humanity prosperity,
• 43:05
  you know, back. But in the process of this, it's
• 43:09
  kind of moving away. The old guard, right?
• 43:12
  And what is the old guard? The old guard is like the evil
• 43:14
  alliance between politicians and central bankers and you see them
• 43:19
  coping, you see them. You know like Christine Lagarde
• 43:22
  is saying we have to regulate this thing out of existence.
• 43:25
  Jamie Dimon is saying the same thing.
• 43:27
  You know our favorite anti Bitcoin Senator Elizabeth Warren
• 43:30
  saying the same thing. Brad Sherman right.
• 43:34
  So many they they they they despise this thing right.
• 43:37
  Why? Because you know it ends the
• 43:38
  racket all of a sudden. You know the the central bankers
• 43:41
  have a have competition. The government money has
• 43:45
  competition and you know what, the competition is better.
• 43:49
  And the reason that I say say that is because every single
• 43:51
  time they talk about CBD CS, they always conveniently leave
• 43:57
  out the they always conveniently leave out the reason as to why
• 44:03
  people are seeking an alternative in the 1st place,
• 44:07
  it's not more efficient payments, right.
• 44:09
  That's what they tell you. That's what the ECB tells you.
• 44:12
  That's what they're telling telling us here in the US,
• 44:15
  people aren't seeking more efficient payments.
• 44:18
  What people are seeking is better money.
• 44:21
  And that's exactly what's happening.
• 44:23
  So this is pretty historic. Again, let me read this from
• 44:26
  watcher Guru says Arizona Senate considers adding spot Bitcoin
• 44:30
  ETFs to the state's retirement portfolio.
• 44:33
  I respond as I quote tweeted and I said when politicians,
• 44:36
  regardless of party, start benefiting from Bitcoin's
• 44:39
  incentives, it's game over. We are winning now.
• 44:42
  Something really interesting happened, right, Which is, you
• 44:46
  know, apparently it did. It did pass very, very, you
• 44:53
  know, by a very low majority. It it's not going to be, it's
• 44:58
  unlikely to, it's unlikely to get signed into law because
• 45:04
  according to Dom and Dom's really been on top of this, you
• 45:08
  know, it's going to get vetoed by the governor.
• 45:10
  Now quick observation and you guys know we don't lean left or
• 45:13
  right, Republican or Democrat, but you'll start to see a very
• 45:17
  interesting observation and I and I want you guys to connect
• 45:20
  the dots with the current bill that is introduced by Elizabeth
• 45:24
  Warren, the anti Bitcoin bill. Seventeen of those 20 senators
• 45:30
  that are signed up to Elizabeth Warren's bill are Democrats.
• 45:34
  All these people that voted against this are all Democrats.
• 45:39
  None of them. It's very strange, right?
• 45:42
  So Republican voted yes, Democrat voted no.
• 45:44
  It's by the way it's RDRRDRDDRRRD.
• 45:51
  So it it's it's almost like it's becoming a partisan issue and I
• 45:55
  don't think it should be a partisan issue. #1 and #2 is
• 46:00
  it's weird because, you know, you would think that the
• 46:03
  Democratic Party, you know, would stand for, you know,
• 46:06
  equity, you know, it stands for, you know the the, the
• 46:10
  opportunity, it stands for the little guy.
• 46:13
  But it it just doesn't seem like that is happening.
• 46:16
  It doesn't seem like, you know, I don't know what's going on
• 46:20
  there. It's it's very very strange.
• 46:23
  So you know what's going on. I I don't know I I can't comment
• 46:28
  on that but it is an observation.
• 46:30
  Why is the Democratic Party you know why why why Why are they
• 46:34
  against this thing right. Joe Biden.
• 46:36
  Right. He has the infamous you know
• 46:38
  Operation Choke .2 point O right.
• 46:41
  You know it's we had it we had it not too long ago right.
• 46:44
  Where the current Republican candidate Donald Trump is going
• 46:49
  out on and saying you know I'm I'm anti central bank digital
• 46:52
  currency. You had Vivek Ramaswamy you had
• 46:55
  Ron DeSantis said if you elected me for president right I'll
• 46:58
  protect your right to self custody.
• 47:00
  You have RFK Junior who said the same thing but he bowed out and
• 47:05
  he became an independent. So, you know, my question, you
• 47:09
  know, if you're a Democrat and you're a Bitcoiner, is why they
• 47:13
  against this thing? I don't understand, right?
• 47:15
  This isn't a partisan issue, but it's looking like, you know,
• 47:19
  certain parties are voting on political lines.
• 47:22
  This is very, very strange. Also coming out of Arizona too,
• 47:26
  talking about, you know, the shifting Overton window.
• 47:29
  Here's Blake Masters. He was running for Senate.
• 47:32
  He did lose his race, but he had something really, really
• 47:36
  interesting. And check this out, Masters has
• 47:40
  also called for a Federal Bitcoin reserve.
• 47:43
  So more and more very, you know, kind of mainstream politicians
• 47:48
  that are, you know, competing to be elected into the, you know,
• 47:51
  the top offices of the country are, you know, mentioning
• 47:56
  Bitcoin, talking about Bitcoin. It's being talked about in
• 48:00
  political discourse, right? This is very good.
• 48:03
  The Overton window is shifting. But I am a bit concerned
• 48:07
  because, you know, I am starting to see a partisan trend, which
• 48:12
  is, you know, that's kind of strange.
• 48:14
  That's kind of weird because Bitcoin, you know, Bitcoin's
• 48:17
  neutral. Bitcoin is for everybody.
• 48:20
  Bitcoin, you know, isn't just for, you know, someone on the
• 48:23
  left, someone on the right, someone in Africa, someone in
• 48:26
  Russia, someone in Antarctica, for whatever reason, you'd want
• 48:28
  to live there. But yes, it's for everyone,
• 48:31
  right? Bitcoin is for everyone.
• 48:33
  This is, this is what Bitcoin's all about.
• 48:35
  So it just kind of concerns me that, you know, there's there's
• 48:39
  certain political parties right around the US that are somehow
• 48:42
  against that. And are their constituents aware
• 48:45
  that they're against that? Like are are are their
• 48:47
  constituents aware that they are, you know, actively trying
• 48:51
  to sabotage, you know, the adoption and the spread of
• 48:54
  Bitcoin. And of course, you know, we
• 48:57
  don't know that for certain. But you know, we know Biden is
• 49:00
  pro CBDC. We know the Biden administration
• 49:04
  has taken a very anti Bitcoin stance.
• 49:07
  We know Elizabeth Warren's stances.
• 49:10
  We know the vast majority of people who signed up to
• 49:13
  Elizabeth Warren's bill, and here you are in Arizona, It's
• 49:16
  literally divided by party lines.
• 49:19
  So what's going on? You know, if you're a
• 49:21
  progressive, if you know you're on the left, if you're a
• 49:24
  Democrat, I think, I think there's a lot of questions that
• 49:27
  need to be answered because this is, you know, this isn't just a
• 49:31
  coincidence anymore. This is a trend that I'm
• 49:33
  starting to see and it's becoming very, very apparent.
• 49:37
  And I just don't want this to become, you know a a a partisan
• 49:41
  a a partisan thing. Anyways, Adam, what's your take
• 49:43
  on this man 'cause in in you know in Canada it's I I've seen
• 49:46
  the same thing. Right.
• 49:47
  You have Justin, you know some people call him Castro, Castro,
• 49:51
  Trudeau. And then on the other side, you
• 49:53
  know you have you have the yeah, I I don't know how I Pierre,
• 49:57
  Pierre Poulivar's. I can't pronounce that.
• 50:02
  There we go. And he's super pro Bitcoin.
• 50:05
  So like kind of like kind of it. Was actually I got to have
• 50:11
  dinner with him kind of at the early part of his like Bitcoin
• 50:15
  journey and he didn't know much about Bitcoin, but he like
• 50:19
  obviously cared about sound money.
• 50:21
  And when you explain Bitcoin to someone who knows a lot about
• 50:24
  sound money and about the importance of money, it was just
• 50:27
  like boom, click like he got it understood what what Bitcoin was
• 50:33
  and then like you can time it almost like, you know, a month
• 50:35
  later he goes on his Bitcoin speech.
• 50:37
  This is like in the last bull cycle.
• 50:39
  And then you can see as Bitcoin goes up, he's a hero.
• 50:43
  And as Bitcoin starts coming down, he kind of like took a
• 50:46
  step back. Then it was blockchain.
• 50:48
  And now it's just been evaporated from his policy
• 50:50
  altogether because it gave the other side a political attack
• 50:53
  based on the short time preference cycle of the price of
• 50:58
  Bitcoin and Fiat dollars. So it's like, it is absolutely
• 51:02
  what we have done or what we have been exposed to is the
• 51:05
  globalists and the communists projecting the negative image of
• 51:10
  riches and wealth onto society. And so it doesn't matter.
• 51:15
  All the freedom aspects and stuff are blind to people
• 51:18
  because they associate freedom with wealth and they associate
• 51:22
  wealth with evil and bad, which obviously is not true, right?
• 51:25
  That's the dumbest thing I've ever heard because if it were
• 51:27
  not for the wealthy people, like we have one of the best
• 51:30
  children's hospitals in, in the country.
• 51:34
  I think actually in the continent here in Edmonton it's
• 51:37
  called the Stallery Children's Hospital.
• 51:39
  People all over, you know, the province, the country come here
• 51:42
  for the best children's care possible.
• 51:45
  Nobody really knows that. Jim Stallery is a ruthless
• 51:48
  capitalist that made piles and piles of money and donated, you
• 51:52
  know, lots and lots of money to get this hospital up and
• 51:55
  running. It's like literally not possible
• 51:58
  without capitalists and wealth in the picture.
• 52:01
  And your taxes aren't going to pay for that.
• 52:04
  Your income tax, your GST would have to be like, you know, 95%
• 52:09
  to get a hospital like that. Instead of we've got these
• 52:12
  philanthropic capitalists that want to do good for the places
• 52:16
  and communities that they care about.
• 52:18
  But we have somehow decoupled, you know, the good things that
• 52:22
  capitalists do for the world, the value they provide for the
• 52:24
  world, and we've turned it into wealth is bad.
• 52:27
  This is why I'm so skeptical of, like, housing, of savings
• 52:31
  accounts. These registered like 4 O1 KS
• 52:34
  are in Canada. RSPSTFSAS.
• 52:36
  It's like right now we're already seeing a shift of, well,
• 52:41
  rich. Being rich is bad.
• 52:42
  We should eat the rich while only rich people own houses.
• 52:45
  So we should tax property owners more.
• 52:47
  Being rich is bad. We should eat the rich.
• 52:49
  Well, only rich people have savings.
• 52:51
  We should tax savings more And how far does this go?
• 52:55
  And so I'm not wildly surprised, but I think the saving grace
• 52:59
  here is that the pendulums always swing.
• 53:02
  We've seen this throughout history, right, left, right,
• 53:04
  left, back and forth, back and forth.
• 53:07
  Eventually and and probably it is going to happen at A at a
• 53:10
  state level first. But eventually the pendulum will
• 53:14
  swing such that the left have a censorship moment, right?
• 53:17
  The right had it. That's why the right is a is a
• 53:19
  lot more on top of the Bitcoin game right now.
• 53:22
  The right's being censored for a number of different rings.
• 53:25
  Get it? Getting D banked.
• 53:26
  Getting money frozen, Getting harder and harder to have.
• 53:29
  AI wouldn't even call it a right wing view, It's just getting
• 53:31
  harder and harder to have a specific viewpoint.
• 53:35
  But once the left gets that same censorship, and it will happen,
• 53:39
  of course it's going to happen. Once being a climate alarmist is
• 53:43
  deemed illegal, once being, you know, I won't bring up any of
• 53:47
  the controversial topics on the left such so that we don't get
• 53:50
  into a pile of trouble. But the idea that the left will
• 53:54
  never be censored is a fallacy. And once they are censored, once
• 53:57
  the banks take a certain approach, the governments take a
• 53:59
  certain approach, you're going to need freedom, money.
• 54:02
  And to your point, Bitcoin is literally agnostic.
• 54:05
  It does not care. Do you have an X?
• 54:07
  Do you have your private key and a public key?
• 54:10
  You're good, You can use it. I don't care what color you are,
• 54:12
  or what race you are, or or what what gender you are or what your
• 54:16
  viewpoints are. It's like here's money that
• 54:18
  anyone can use and anyone can access, and so we'll take
• 54:21
  generations to get there. And it's not unlikely that the
• 54:25
  pendulum swings. There's a real chance the
• 54:27
  pendulum swings the other way and then the opposite effect
• 54:31
  happens where it's the right voting against Bitcoin because
• 54:35
  it will give the left more ammo as soon as we escape the system.
• 54:39
  Like we talked about with Jeff Booth, the start of the show, as
• 54:41
  soon as that gets out of our heads and we're just like
• 54:43
  doesn't matter right or left, get out of the arena.
• 54:46
  Like get out of this little tiny box that they've put us in and
• 54:49
  just proper look at the world through the eyes of someone that
• 54:52
  wants to produce value and save time.
• 54:54
  I mean that's how we win. It's I think it's a no brainer
• 54:58
  that it that it of course it's party lines right now.
• 55:00
  I think that will shift over time and it only comes because
• 55:04
  everyone needs freedom, money. Beautifully.
• 55:11
  Beautifully said. Everyone needs freedom, money,
• 55:14
  and I love the fact that you brought that up, how the
• 55:17
  pendulum swings because you hit the nail on the head, right?
• 55:21
  We lived through a moment in the US, the McCarthy era, where it
• 55:27
  was the left that was censored, right?
• 55:30
  So, and I think this is what Bitcoiners fundamentally
• 55:33
  understand, is that no one deserves that power of
• 55:36
  censorship. No one deserves that power of
• 55:39
  being able to debank another human being, whatever their
• 55:43
  ideological views are. That's why we call Bitcoin the
• 55:45
  money of enemies, right? You have to be OK, you know,
• 55:48
  even with your worst enemy using Bitcoin.
• 55:50
  And you know, that's the world that we're living, that we're,
• 55:54
  that we're, that we're marching towards.
• 55:56
  And I think it's going to be a much better world if no one has
• 56:00
  that power, including the Bureau.
• 56:01
  As much as that they would like you to believe like we need that
• 56:04
  power in order for society not to breakdown and burn.
• 56:07
  I think they're wrong. I think they're really wrong
• 56:10
  anyways. Opti, what's your take on this
• 56:12
  before we move on to the culture?
• 56:13
  Well of course Nico, they gotta they gotta instill fear in you
• 56:17
  so you give up all your rights. We already know the playbook.
• 56:19
  Anyways. I think this is a good example
• 56:22
  of what we constantly talk about on the show is that you win the
• 56:26
  political war by winning the cultural war.
• 56:28
  And as you can tell, more and more of us bitcoiners are not
• 56:31
  only becoming bitcoiners but are becoming vocal and talking about
• 56:34
  Bitcoin. And I I, I forget what it was.
• 56:38
  But last year when we were covering some new story, the
• 56:42
  mainstream media themselves acknowledge the fact that bit
• 56:45
  corners as a voting bloc, are the most powerful voting bloc.
• 56:48
  And so I know, look, I'm not the political guy, you know, I'm a
• 56:52
  talking head, right? So, like, I'm not the guy to be
• 56:55
  in politics. But I think this is a great
• 56:58
  example of the importance of bit corners getting involved in
• 57:00
  politics. And I know us bit corners hate
• 57:02
  politics. And you know, it's Fiat games.
• 57:04
  And even everyone in the chat's like, oh, I'm tired of talking
• 57:06
  about politics. But this just goes to show that
• 57:09
  if you do get involved, then people hear your voice.
• 57:12
  And I again, let's not fall for like, the fallacies of like your
• 57:15
  votes matter or whatever, but the fact that the average person
• 57:19
  is waking up to Bitcoin. And the more people hold
• 57:21
  Bitcoin, the less chance they have of actually installing some
• 57:25
  kind of bills or things to hamper Bitcoin.
• 57:27
  And on that note, shouts out to Caz our our boy Bitcoin Caz.
• 57:31
  He on Twitter last night posted that he had like a dinner with
• 57:34
  the Oklahoma some Oklahoma politicians.
• 57:37
  So, like bitcoiners are getting involved and hey, this is where
• 57:41
  we're moving forward. You know, maybe we have a
• 57:44
  bitcoiner become a president in the US soon.
• 57:47
  Like it's coming. We already know that there's
• 57:49
  candidates talking about Bitcoin.
• 57:51
  And you know on that point again not not to not to get too
• 57:55
  political, but we we tried to differentiate ourselves here
• 57:59
  from the left and right paradigm.
• 58:01
  It is freedom or it is Fiat tyranny.
• 58:04
  You know it is orange versus green, but it's very interesting
• 58:07
  that as Bitcoin being the money of the people, the very party
• 58:11
  that claims to be of the people is not embracing Bitcoin.
• 58:15
  Like the hypocrisy is over 9000. But you know Bitcoin is global,
• 58:19
  it doesn't care. So love seeing people basically
• 58:22
  cut themselves off at the kneecap and and Hanford their
• 58:25
  own prosperity and this is all we're trying to do is like hey,
• 58:29
  prosperity is good. Living a good life is a good
• 58:32
  thing. I don't think we should
• 58:33
  literally tear down society so that we're all on an equal
• 58:37
  footing. It's like, no, let's improve the
• 58:40
  living quality of everyone by literally, you know, inventing
• 58:44
  cool stuff, saving in Bitcoin. And and on that last note, you
• 58:48
  know, to Adam's point, capitalism is good.
• 58:50
  Capitalism has brought us this whole beautiful world we live
• 58:53
  in. Everything we enjoy is because
• 58:55
  of capitalism. Government has one job and they
• 58:58
  don't do that. They only destroy.
• 59:01
  And here we are. We're dealing with the decay.
• 59:04
  Oh my God. All right, so we do have a
• 59:06
  comment from Rumble. I'm going to pull it up.
• 59:08
  Here we go, Baron Liberty says. Will Nico ring the Tinker Bell
• 59:12
  after his rant? So Opti has, you know, the NFT
• 59:15
  sound board, a digital digital. Board Hold on, hold on, NNFT.
• 59:22
  I have a real life. Real life and it's it's the
• 59:29
  Bitcoin well rings the bell. So any anytime you know Opti has
• 59:33
  an epic rant or someone has an epic rant.
• 59:36
  That's the that's going back to our our Alberta roots.
• 59:40
  We we got a bunch of those when we went public and we were going
• 59:44
  to get like a a bike bell. But I was like, wow, we need a
• 59:48
  cowbell. And so we got little tiny
• 59:51
  cowbells. Oh man.
• 59:53
  Well, I think it's. I think it's by the way is
• 59:57
  absolutely awesome. It's an it's an hidden gem.
• 1:00:00
  I had no idea I went to this town called Banff.
• 1:00:03
  Guys, check out Banff. Quickly, everyone needs to check
• 1:00:08
  out the video about unicorns in Banff because it is one of the
• 1:00:11
  funniest videos you will ever see.
• 1:00:14
  It's like 35 seconds off to maybe If you want to find it, we
• 1:00:17
  can. It's it's.
• 1:00:19
  It's a what's. It called.
• 1:00:19
  What's it called? We'll we'll pull it up in the
• 1:00:21
  big Columbo in. Banff All right, we'll, we'll,
• 1:00:25
  we'll pull. It it's epic.
• 1:00:27
  We'll pull it. We'll pull it up during the
• 1:00:28
  culture. But but yeah, I mean if if
• 1:00:31
  unicorns are real, they would exist in Banff because it wait.
• 1:00:35
  Wait, wait. I got it already.
• 1:00:36
  I already got it. Look at.
• 1:00:37
  This like a magical town crazy. OK, here, let's.
• 1:00:43
  Here we go. Oh my God.
• 1:00:49
  This guy, it's it's really funny.
• 1:00:51
  You should just Google it and watch it.
• 1:00:53
  Watch it on your own because the sound is quite hilarious, I
• 1:00:55
  thought, So we go to BAMF. On the way home we find the
• 1:01:05
  Unicorn. I thought Unicorn was so
• 1:01:09
  extinct, but Unicorn living Bam. Unicorn living Bam.
• 1:01:15
  You kind of eat long time before Moses grass.
• 1:01:22
  Goodbye Unicorn. Oh my God bro, that's hilarious
• 1:01:29
  dude. Okay okay.
• 1:01:30
  So yes, magical things happen in Banff.
• 1:01:34
  I I could attest to that. It is.
• 1:01:36
  It is a very, very place. Anyways, I do want to give a
• 1:01:39
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  the culture. We have a lot to talk about
• 1:02:17
  today. Let's check it out.
• 1:02:18
  Here we go. The Daily Culture.
• 1:02:28
  All right guys, I also want to give a very special shout out to
• 1:02:34
  our other sponsor, Bitcoin Evangelism.
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  It's available on Amazon right now.
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  You could scan the QR code or check the link in the video
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  description. All right, ladies and gentlemen,
• 1:03:02
  we got to talk about Bitcoin. Well, we got to talk about the
• 1:03:05
  giveaways. We're going to be announcing the
• 1:03:07
  winner of the Bitcoin Jackpot contest, Passport Giveaway.
• 1:03:13
  We're going to be doing that live right now.
• 1:03:15
  Really, really excited. Adam wrote a script and
• 1:03:18
  everything. It's absolutely badass, Opti.
• 1:03:21
  I don't know. I don't know where to start.
• 1:03:23
  I didn't. I didn't write it.
• 1:03:25
  Just the team like we wrote it. This is a this is this this is a
• 1:03:28
  group effort. You.
• 1:03:31
  Yeah. Just just want to make sure I'm
• 1:03:32
  not, like, taking undue credit here.
• 1:03:34
  But yeah, it's it's cool. This is how we're going to pick
• 1:03:37
  the big jackpot, too, which is going to be awesome.
• 1:03:39
  OK, Before we get to that though, Adam, let's just go over
• 1:03:42
  the Bitcoin jackpot one more time for the people that are
• 1:03:45
  watching that maybe didn't see the last time you were on.
• 1:03:48
  So what is a Bitcoin jackpot contest?
• 1:03:50
  What can they win? And then we'll go into doing the
• 1:03:53
  drawing live. OK, Bitcoin jackpot contest
• 1:03:57
  started at 1,000,000 stats. Right now it's at 2.3 million
• 1:04:00
  stats and it grows every time somebody enters.
• 1:04:04
  And so I'm like, I love 5050 and I wanted to design A contest
• 1:04:08
  that is like similar to that. So what we're doing is 69% of
• 1:04:13
  the jackpot, the total jackpot goes to, you know, the grand
• 1:04:16
  prize, 21% goes to a secondary or an alternate prize.
• 1:04:21
  And then the last 10% that exists goes to a project on
• 1:04:25
  geyser. There's a poll.
• 1:04:26
  Right now we're going to do probably three or four polls
• 1:04:28
  depending on the timing of which projects going to get that.
• 1:04:31
  We're going to just tally up all the like the sum of all the
• 1:04:34
  polls. There's three projects that are
• 1:04:36
  in the running. So go vote for which which
• 1:04:39
  project you wanna get the last 10%.
• 1:04:40
  I mean like the three numbers just are so good, like 69
• 1:04:44
  obvious, 21 obvious and then 10 is like nice and round.
• 1:04:48
  So it just it just works so well.
• 1:04:50
  Where can people vote? Slash contest.
• 1:04:53
  Where? Where can people vote?
• 1:04:54
  Where can people vote Adam? Oh, on Twitter.
• 1:04:57
  Bitcoin at the Bitcoin. Well on Twitter we've got a poll
• 1:05:00
  there right now so there's there's three projects, one is
• 1:05:03
  block Hunters, one is Bitcoin or freelance market, and the third
• 1:05:08
  is we are all Satoshi. Look at my look at my screen
• 1:05:11
  balloons everywhere. We are all Satoshi which.
• 1:05:14
  So those three projects, I've linked them on Geyser. the OR
• 1:05:17
  the the, the Twitter is linked on geyser and there's a couple
• 1:05:21
  votes. I think literally 2.
• 1:05:24
  And so we're gonna run this for like the next month.
• 1:05:25
  Basically until the contest closes, we're just gonna keep re
• 1:05:28
  upping the poll. Tara, I'll I'll retweet it right
• 1:05:30
  now from the Simply One. It's already retweeted.
• 1:05:32
  OK, cool. Snipe Optic.
• 1:05:34
  All right guys. So you guys go to at the Bitcoin
• 1:05:38
  well right now and you can vote. It has all the kind of the
• 1:05:43
  information here and you guys could check this out.
• 1:05:46
  This is what you're referring to, right Adam?
• 1:05:49
  Yeah, if you go here, let me there's the poll.
• 1:05:55
  The actual poll is is live. I think it might be just
• 1:05:57
  featured on our page. Right here.
• 1:06:00
  Yeah. There you go.
• 1:06:01
  Here it is. There you go.
• 1:06:02
  Boom. All right, so the poll is live.
• 1:06:05
  There's six days left. There's six days left.
• 1:06:08
  Which guys are fun? Do you want to win 10% of the
• 1:06:11
  Bitcoin jackpot? I'm going to go with We are all
• 1:06:14
  Satoshi because that sounds already badass and it seems like
• 1:06:16
  most people have agreed with me. So guys, go check out this poll
• 1:06:21
  right now. In the chat too.
• 1:06:23
  And go to at the Bitcoin Well and vote for your favorite, you
• 1:06:28
  know, project out of all these three and they will win 10% of
• 1:06:31
  the 2.3 million Satoshi jackpot right now and.
• 1:06:36
  Growing. I want to get this.
• 1:06:38
  I'm not kidding. Like, let's get this jackpot
• 1:06:40
  over 10 mil. Let's see if we can hit it.
• 1:06:43
  Every time someone enters the contest, more stats are added to
• 1:06:45
  the jackpot. I think a $10 million, we call
• 1:06:48
  it ASAP pot would be like, unreal.
• 1:06:51
  That'd be just the best. Oh, OK.
• 1:06:52
  We're going to change it. We're going to call it the SAP
• 1:06:54
  pot. Hopefully, hopefully Opti does
• 1:06:57
  not win it. So he.
• 1:06:59
  Doesn't go. He doesn't.
• 1:07:02
  It's straight up. There can be 0.
• 1:07:04
  There's like zero ways that we can game this.
• 1:07:06
  Like it's just Bitcoin determines the winner, like the
• 1:07:09
  block cache is what determines the winner.
• 1:07:11
  It's just unreal. Okay.
• 1:07:12
  All right, Okay. So he will.
• 1:07:14
  Disappear. This is what will happen.
• 1:07:17
  I won't even disappear. I'll just be.
• 1:07:20
  I'll be off the grid. All right.
• 1:07:21
  All right, Adam, let's get into today's giveaway like we're
• 1:07:26
  going to do it live. So I'm going to pull up your
• 1:07:27
  screen right now and let's tell people, you know what, What was
• 1:07:33
  the deadline you were telling me?
• 1:07:34
  I think it was February 17th till yesterday, I believe.
• 1:07:38
  Is the drawing winners applicants?
• 1:07:41
  This is one of the like, one of the just one off random prizes.
• 1:07:45
  So passport was super awesome. They came in, they're like we
• 1:07:49
  want one of the entrants to be or to to get a passport.
• 1:07:52
  I was like super sick. So you guys have been saying for
• 1:07:55
  the last couple weeks, enter the jackpot and then someone who
• 1:07:59
  enters in that time frame is going to win a passport.
• 1:08:01
  So anyone who entered from the beginning of the of the contest
• 1:08:06
  until yesterday, March 6th, is in a list and there's entry
• 1:08:10
  number one through there is I have the Notes 1363 entries that
• 1:08:16
  that that happened in that time frame and so as we go on the
• 1:08:20
  list what we're going to do now and I.
• 1:08:23
  Sorry, sorry Entries means signing up to Bitcoin well, so
• 1:08:26
  you can stack some stats. Yeah, that's how you get points
• 1:08:29
  and then you enter the contest as many times as you want in
• 1:08:33
  your Bitcoin well account. So let's go.
• 1:08:36
  I brought this up here at bitcoinwell.com/contest.
• 1:08:39
  Let's say you're in points. But what I wanted to draw the
• 1:08:41
  attention to is you can literally, like, just click this
• 1:08:43
  button and it will bring you to the script.
• 1:08:46
  So this is how we're going to choose right now who is going to
• 1:08:50
  get the passport. We're not going to announce them
• 1:08:53
  on the air because I don't want to dox them unfairly, but I will
• 1:08:57
  ask their permission to either give their well tag or their
• 1:09:00
  Twitter handle or something and then and then we'll go from
• 1:09:03
  there. But this is going to tell us
• 1:09:04
  we're going to take the block hash and it will tell us which
• 1:09:07
  entrant is the one that gets the gets the price.
• 1:09:12
  So how we're going to do that is we're going to pick the last
• 1:09:14
  block, the most recent block. Let's refresh for good measure.
• 1:09:18
  So block 833614 is going to determine the winner here.
• 1:09:23
  Let's be clear, this is not for the jackpot.
• 1:09:25
  This is just for the passport. So I'm going to copy this hash
• 1:09:28
  right here. We're going to run this script,
• 1:09:32
  enter the block number hash, there we go.
• 1:09:35
  How many entries are there? 1363.
• 1:09:38
  You guys can see that. And then but voila, entry #456,
• 1:09:50
  that's just like a a beautiful number and so we're going to
• 1:09:53
  populate them on here. So I was wrong.
• 1:09:56
  I I calculated this wrong the other day but it's we're going
• 1:09:59
  to put 1313, we're going to keep this all pretty transparent.
• 1:10:02
  So we're going to mark down that it was block block number 833614
• 1:10:06
  that's determined and then like literally anyone can just go and
• 1:10:09
  verify that. So, yeah, if you want to check
• 1:10:12
  us out, make sure we're not like a bunch of scammers, then please
• 1:10:15
  do that. We're not.
• 1:10:18
  And yeah, congratulations, Entry number 456.
• 1:10:21
  So I'll go on my sheet now while I'll let go down.
• 1:10:23
  And the person that like the 456th entry is the one that
• 1:10:28
  that's who gets it. Congratulations and I'll reach
• 1:10:30
  out to them and off we go. Let's go.
• 1:10:33
  Congratulations, entry number is 456.
• 1:10:38
  I'm gonna write this down to make sure I.
• 1:10:40
  Don't forget, in case you guys did not enter this contest, you
• 1:10:44
  know Bitcoin well will be giving away a lot of other stuff.
• 1:10:48
  If you guys Sign up today, you go to bitcoinwell.com/contest.
• 1:10:53
  It's your opportunity to win a signed copy of a book by Seb
• 1:10:59
  Bunny called Hidden Cost of Money.
• 1:11:02
  So if you guys enter right now, bitcoinwell.com/contest, it's an
• 1:11:08
  opportunity to win that. And also in the next couple
• 1:11:10
  weeks, you know we'll be giving away other prizes as well.
• 1:11:16
  So definitely, definitely stay tuned.
• 1:11:18
  And again guys, when you enter the jackpot, when you enter the
• 1:11:21
  contest, that jackpot keeps rising.
• 1:11:24
  The jackpot is currently at 2.3 million satoshis.
• 1:11:28
  And remember, guys, not only do you have an opportunity to win
• 1:11:31
  the jackpot and win all these awesome prizes, all By the way,
• 1:11:34
  the details of the contest are all in the video description if
• 1:11:37
  you guys have any questions or concerns, but you're also giving
• 1:11:41
  back to the Bitcoin community because 10% of the jackpot is
• 1:11:45
  going to a geyser project, of which you guys get to choose
• 1:11:50
  which geyser project you want that donated.
• 1:11:53
  But it really seems like the one who's taking the cake right now.
• 1:11:56
  We went from three votes and we're up to 17 votes right now.
• 1:12:00
  18 votes on on the pole right now and 77% of you 77.8% of you
• 1:12:07
  have clicked. We are all Satoshi.
• 1:12:10
  I have a feeling that I I think you guys just like the name of
• 1:12:14
  that project. That's what my gut is telling
• 1:12:16
  me. So Adam, I I do want to ask you
• 1:12:20
  some questions about Bitcoin. Well, so you guys, you know,
• 1:12:23
  you're founded in Canada in 2013.
• 1:12:27
  Opty, what is going on there? Thank you, Sir.
• 1:12:29
  Restream's actually. Yeah, restream.
• 1:12:31
  Always changing stuff up in the back end.
• 1:12:34
  There we go. I I I'm getting addicted to this
• 1:12:36
  thing. I'm like, this is more dangerous
• 1:12:38
  than Opti with the soundboard. Wait.
• 1:12:41
  Until your your child can walk around and ring.
• 1:12:45
  I have so many of those all over and it is like it's an anthem in
• 1:12:49
  our house. Man, oh man, no, man.
• 1:12:52
  Maybe I just put it around like so.
• 1:12:55
  I. Always know the cows have that's
• 1:12:56
  that's the the way. That's so funny.
• 1:12:59
  And then when optis at a conference, I'm gonna put it,
• 1:13:02
  put it on it. So.
• 1:13:04
  You keep tabs. I literally.
• 1:13:06
  I always freak out the night after.
• 1:13:09
  So then sorry, the morning of the.
• 1:13:11
  Don't doctor like that. Because I'm like, Oh my God,
• 1:13:15
  Opti's, you know, out on town. Like when we were in an
• 1:13:18
  unconfiscatable in Las Vegas, I literally would wake up at like.
• 1:13:21
  You call me like 6:00 AM Are you in bed?
• 1:13:24
  Are. You alive?
• 1:13:24
  Like every single time, 'cause him and Tatum would just
• 1:13:28
  disappear. I'm like, Oh my God, what is
• 1:13:30
  gonna happen? But Opti Opti.
• 1:13:33
  I'm unprofessional. I'm gonna know how to find him
• 1:13:34
  now, OK? I'm pro.
• 1:13:37
  Anyways, OK, so Adam, a lot of people are new and we're we're,
• 1:13:42
  I'm seeing this in the comments of, you know, our shorts and our
• 1:13:46
  videos and people are asking about Bitcoin.
• 1:13:48
  Well, why Bitcoin? Well and what would your pitch
• 1:13:51
  be as ACEO. So I'm going to say it from
• 1:13:54
  simply Bitcoin's perspective. First, from my personal
• 1:13:57
  perspective and you know why I love you guys and really aligns
• 1:14:00
  with our ethos, right? And I'm not just saying that
• 1:14:02
  like it really does because you know, self custody is the
• 1:14:06
  revolution. I think we truly believe that if
• 1:14:09
  enough people take self custody, that's how we win.
• 1:14:12
  If we want people to achieve true financial sovereignty, not
• 1:14:16
  Coinbase, BlackRock, you know, sovereignty, actual sovereignty,
• 1:14:22
  the way that you do that is by taking self custody And a lot of
• 1:14:26
  people have questions. So if you know they're using,
• 1:14:29
  you know, an on ramp that you know they've been using for a
• 1:14:33
  while, why should they make the switch?
• 1:14:35
  What is you know, What is? What is your pitch for them to
• 1:14:38
  use Bitcoin? Yeah, if you're using an on ramp
• 1:14:42
  that you've been using for a while, ideally you are already
• 1:14:46
  taking your Bitcoin into self custody.
• 1:14:49
  And if you're not, that is exactly why you should be using
• 1:14:53
  Bitcoin well and if you are, it is to support a company that
• 1:14:57
  fully believes in self custody. The problem with the human
• 1:15:01
  condition is that we're like water.
• 1:15:03
  We're the path of least resistance to the end result
• 1:15:06
  that we want. Very few bitcoiners truly look
• 1:15:11
  at Bitcoin like it is freedom money.
• 1:15:14
  They look at Bitcoin like number go up kind of just Fiat games
• 1:15:18
  and off they go. They want price exposure, not
• 1:15:21
  freedom exposure. And so the difference between
• 1:15:25
  Bitcoin, well and you know every other platform in the States and
• 1:15:29
  and most other platforms in Canada is that we do not hold
• 1:15:33
  customer Bitcoin ever. At no point in time can a
• 1:15:37
  customer leave Bitcoin in our possession.
• 1:15:43
  And I think like this is exemplified by you need to you
• 1:15:47
  absolutely 100% need to have a Bitcoin address in your Bitcoin
• 1:15:50
  will account before you can transact.
• 1:15:52
  We don't let you buy Bitcoin unless we know where to send the
• 1:15:56
  Bitcoin that you buy. And I think that that very
• 1:16:00
  small, simple but important distinction is the difference
• 1:16:05
  between a Fiat company that happens to sell Bitcoin and a
• 1:16:10
  true Bitcoin company. And that's the direction of of
• 1:16:13
  Bitcoin. Well, we exist to enable
• 1:16:16
  independence. We don't exist to make you rich.
• 1:16:19
  We don't exist to get you Max Fiat gains.
• 1:16:22
  We don't exist to help you buy a Lambo or show off to your
• 1:16:26
  friends that you can have a boat.
• 1:16:27
  We exist to enable independence, to help you gain money that will
• 1:16:34
  earn you and benefit you and your freedom and your family's
• 1:16:38
  freedom and the next generation's freedom down the
• 1:16:41
  line. And so it's like who?
• 1:16:44
  Who do you want to support? Fiat company that happens to
• 1:16:47
  sell Bitcoin? Bitcoin's just a widget to the
• 1:16:50
  majority of these companies. They don't truly believe in
• 1:16:53
  Bitcoin as a freedom tool, but we do.
• 1:16:56
  And and specifically I do like I have personally been attacked by
• 1:17:00
  the banks. I am banned from every single
• 1:17:02
  bank in Canada. I know what it's like to be, you
• 1:17:07
  know, exposed in this Fiat system, and I know how dangerous
• 1:17:13
  that is. And the second you realize how
• 1:17:16
  dangerous it is, it's too late. And so we have to be proactive.
• 1:17:20
  We have to allow people to force people to learn about self
• 1:17:26
  custody in the future because like it honestly, the biggest
• 1:17:30
  barrier to our business is self custody.
• 1:17:33
  It's harder to manage every single aspect of the business
• 1:17:36
  and so if we did end up partnering with someone to
• 1:17:41
  custody the assets, it would have to be completely third
• 1:17:46
  party. Like the only giving up self
• 1:17:50
  custody is bad. But there's also a case to be
• 1:17:54
  made, and you've talked about this about like, you're the
• 1:17:56
  Bitcoin guy, your parents, your grandma, whatever, they're
• 1:18:00
  they're uncomfortable holding their wealth.
• 1:18:03
  For those people, they should not be holding their Bitcoin
• 1:18:06
  with the person that sells them the Bitcoin, right?
• 1:18:09
  We talked about incentives. We have to decouple the
• 1:18:11
  incentives. Like the only reason FTX blew up
• 1:18:14
  was able to blow up like that is because they held and sold
• 1:18:19
  customer bitcoins. The only reason your coins are
• 1:18:22
  exposed to Coinbase is because they hold and sold customer
• 1:18:27
  bitcoins. Whenever you give up custody,
• 1:18:30
  you are exposed to the incentives there.
• 1:18:32
  If you want to, you can use and there are companies that do
• 1:18:35
  decent like third party custody of your bitcoins.
• 1:18:39
  That's like a reasonable middle step.
• 1:18:41
  That's like, in my opinion, the absolute baseline frontline of
• 1:18:45
  how if you were not taking self custody, that is the bare
• 1:18:49
  minimum that you should be doing.
• 1:18:51
  It is absolutely catastrophic to buy and hold Bitcoin in the same
• 1:18:56
  place that it like historically speaking, we have seen this time
• 1:18:59
  and time again. If you buy and hold Bitcoin in
• 1:19:01
  the same place, if you get lucky and you don't lose your coins,
• 1:19:05
  you are actually supporting and enabling others who do.
• 1:19:09
  You are responsible for the FTX collapse.
• 1:19:12
  You are responsible for the Mount GOX collapse, for the
• 1:19:15
  Quadriga collapse, for all the other collapses that will come
• 1:19:17
  in the future. Because custodians are reckless,
• 1:19:21
  Because when you combine the incentives of selling and
• 1:19:25
  holding Bitcoin all in one spot, it becomes a catastrophe.
• 1:19:29
  And so just don't be responsible, do not enable that
• 1:19:32
  level of nonsense and use Bitcoin well.
• 1:19:36
  Love it man. And and you know that straight
• 1:19:38
  from the heart that literally you know that that's the pitch,
• 1:19:42
  right? What differentiate Bitcoin well
• 1:19:44
  for everyone else is the fact that you guys are self custody
• 1:19:47
  by default. And I love that.
• 1:19:49
  Like that. That's really what's going to
• 1:19:51
  move the envelope and that is a painful business decision,
• 1:19:54
  right? Because that is the narrow path,
• 1:19:57
  you know, that is the the the less convenient path, the more
• 1:20:00
  convenient path would be just to you know incentivize self
• 1:20:04
  custody. But you know, you could still
• 1:20:06
  leave your Bitcoin on the exchange but you don't really
• 1:20:10
  change things. And another thing also Adam that
• 1:20:13
  I admire about your guys, this company, it's something that you
• 1:20:15
  know I've currently currently. Have experienced this is gonna
• 1:20:19
  be my 4th year with simply is you guys are bootstrapped and
• 1:20:23
  you know I I know how difficult that is but this is this is your
• 1:20:27
  this is your baby you know this is this is your money on the
• 1:20:31
  line. This is your you know
• 1:20:33
  essentially this is your neck on the line right.
• 1:20:35
  So you know and by being a bootstrap company what a lot of
• 1:20:39
  people don't realize and not to be specific or anything you you
• 1:20:45
  don't. Let's how do I phrase this?
• 1:20:50
  Let's say you don't have as many ties and things that you have to
• 1:20:56
  do that you might not, might not necessarily want to do, I think.
• 1:21:00
  What you're trying to say is I don't have to touch other
• 1:21:03
  people's balls to make decisions.
• 1:21:06
  This is my kind. Of CEO.
• 1:21:11
  Yeah, so let's talk about that. Let's talk about, let's, let's,
• 1:21:15
  let's talk about why you made that decision.
• 1:21:17
  You know you you've told me the story essentially how you got a,
• 1:21:21
  a, a, a loan from, you know, your, your, your then your
• 1:21:25
  girlfriend who's now your wife's father to start an ATM business
• 1:21:31
  at first that that that eventually became Bitcoin.
• 1:21:35
  Well, so talk to us about, you know, why you decided to take
• 1:21:38
  the bootstrap approach, and I'll put it to you this way, 'cause I
• 1:21:42
  I've been approached by, you know, the the, the.
• 1:21:47
  Oh, yes. But it's never free money.
• 1:21:49
  It never is. But why have you decided to take
• 1:21:53
  the masochist route? Because it really is the
• 1:21:55
  masochist route. It really is.
• 1:21:57
  It really is the painful route, at least in the beginning.
• 1:21:59
  I know you guys are public now and you know, there's a little
• 1:22:02
  bit of capital infusion there. But, you know, the first couple
• 1:22:05
  of years, I'm sure that you've gone through some moments, or at
• 1:22:08
  least I have, which is like, you kind of wake up and you're like,
• 1:22:13
  either am I doing this right? Why am I doing this?
• 1:22:17
  I kind of feel like a moron. And then it kind of compounds.
• 1:22:20
  And you're like, wow, this actually worked out.
• 1:22:22
  This was a pretty good idea. But you go through all those
• 1:22:26
  different kind of feelings and emotions, especially, you know,
• 1:22:30
  if if you're not working with other people's money, which is
• 1:22:33
  it allows you to hire more people, it allows you to perhaps
• 1:22:36
  put more money in marketing, perhaps you, perhaps it allows
• 1:22:39
  you to grow a little bit faster. Why did you decide to take that
• 1:22:42
  route? Yeah, I mean, at first it wasn't
• 1:22:45
  a decision. It was just like a like try
• 1:22:47
  getting a a loaner and an investor in 2015 to sell Bitcoin
• 1:22:52
  for cash at ATMs and coffee shops.
• 1:22:55
  Like it wasn't really an option. 2017, I, if I'm being honest was
• 1:23:03
  probably the like biggest wake up moment where you know we
• 1:23:06
  didn't really I don't think take full advantage of the bull
• 1:23:10
  market that was 2017 simply because we weren't set up to
• 1:23:14
  scale and we didn't have, like we like you said, we were
• 1:23:16
  bootstrapped. We had to wait for the profits
• 1:23:18
  of January to be able to grow in February.
• 1:23:21
  We weren't able to front run all those profits and grow and
• 1:23:24
  expand. However, and by way of going
• 1:23:29
  public, we we did have something of that opportunity.
• 1:23:33
  And 2017 compared to 2020, the business is a lot was a lot
• 1:23:39
  healthier in 17 from 2020. Because when you start taking
• 1:23:44
  money, when you do that level of fiatness, you just adopt A Fiat
• 1:23:50
  mindset and you're forced to play Fiat games and you get Fiat
• 1:23:55
  rewards. And so the last like 1824 months
• 1:23:58
  we've really spent unfiatting the business and we are like a
• 1:24:03
  lean, bootstrapped team. We're still publicly traded, but
• 1:24:07
  the way that we use our public vehicle, I think it's so
• 1:24:09
  important that we have a publicly traded Bitcoin super
• 1:24:13
  company that is so focused on enabling independence so that
• 1:24:19
  our users, our customers can own what they love.
• 1:24:23
  Like, I, I, I aspire to have somebody on the street tell me
• 1:24:29
  like I use your platform, I love it and I'm a shareholder and
• 1:24:34
  it's like to meet my business partners on the street.
• 1:24:37
  Like that is so special And that they are able to see how hard I
• 1:24:42
  work and and you know, have a vote of confidence in me and in
• 1:24:46
  the team. And then to be able to meet them
• 1:24:49
  is just like there's there's nothing more fulfilling than
• 1:24:52
  that. Like you said about children,
• 1:24:54
  like this is literally like a child and and we've been doing
• 1:24:58
  this for 10 years. We're not like there are
• 1:25:01
  companies that have been around for shorter periods that are
• 1:25:03
  much, much bigger because they've taken the Fiat way.
• 1:25:07
  And I am so thankful that, you know, we varied down the Fiat
• 1:25:10
  path and then and then came back to the Bitcoin standard as an
• 1:25:13
  organization because it is just the only way to run a business
• 1:25:19
  with longevity. And that's what we're here for.
• 1:25:20
  We want to enable independence. We know that Bitcoin is the
• 1:25:24
  maximum tool for independence and that's what we are.
• 1:25:29
  We want to be an ecosystem of products and services that just
• 1:25:32
  make it easy to use Bitcoin. And it's it's like it's pretty
• 1:25:35
  simple but we're not going to be able to do that if we are you
• 1:25:40
  know have our you know have our balls in someone else's pocket
• 1:25:44
  so to speak or or or literally in some cases.
• 1:25:49
  So I think that going this route allowing our customers to be our
• 1:25:54
  shareholders while you know I still have ultimate like I still
• 1:25:58
  hold the like a big chunk like I'm a from public company
• 1:26:03
  standards, I'm a majority shareholder.
• 1:26:05
  And so we've got a lot of ability to to protect what we
• 1:26:09
  believe is right. You know, not very down the like
• 1:26:13
  like the flavor of the month scam or like whatever this cycle
• 1:26:18
  is going to be. And yeah, I think it's very
• 1:26:21
  important. And I think if a Bitcoin
• 1:26:22
  entrepreneur is like, you know, kind of going through it and
• 1:26:25
  figuring out how to do things like just time preference is so
• 1:26:29
  important. My time preference was so high
• 1:26:31
  during the last bull cycle and we have completely shifted and
• 1:26:36
  the company today is way, way, way so much more healthier with
• 1:26:42
  a low time preference, understanding you know what we
• 1:26:46
  are, what we do, who we're serving and why we exist.
• 1:26:49
  Beautiful, beautiful man. I, I, I, I feel it comes from
• 1:26:54
  the heart, man. The you know, not only does it
• 1:26:57
  come from the heart, you put your money with your mouth where
• 1:26:59
  your mouth is literally. And you know I applaud you for
• 1:27:03
  it. And you know Adam, you and I
• 1:27:05
  both very kind of similar age and and you know at this point
• 1:27:11
  like we've spent like a third of our lives kind of doing this and
• 1:27:15
  just you know, surviving in in the, you know this, this, this
• 1:27:21
  crazy crazy industry which is Bitcoin.
• 1:27:24
  So man, we're we're super super, you know, happy to you know
• 1:27:29
  partner with you guys and really support Bitcoin well and push
• 1:27:33
  forward the peaceful Bitcoin revolution which is self
• 1:27:36
  custody. And I think the Bitcoin well
• 1:27:38
  platform is the platform in order to do that because is
• 1:27:42
  because it is self custody by default.
• 1:27:44
  So guys, check out bitcoinwell.com and check out
• 1:27:48
  their contest which is live right now.
• 1:27:50
  bitcoinwell.com/contest and we'll be giving away lots of
• 1:27:56
  lots of. One last thing, Miko Adam, can
• 1:27:59
  you give the people the deadlines for this and all that
• 1:28:03
  stuff so they know the full rules of when the jackpot ends?
• 1:28:06
  The contest is open until the halving, so block 840,000 is the
• 1:28:12
  last that that's going to be it. It's like, what is it, April?
• 1:28:15
  What is it like ninth or something like right now?
• 1:28:19
  But today, if you enter today, like right now on March, I don't
• 1:28:24
  know what the day is. March 7th 7.
• 1:28:27
  You if your entry comes in on March 7, then you will be
• 1:28:30
  entered to win a signed copy of The Hidden Cost of Money by Seb
• 1:28:35
  Bunny. Seb's an incredible individual.
• 1:28:38
  I get to spend lots of time with him, not so much recently
• 1:28:41
  because he's been traveling the world talking about this book he
• 1:28:44
  was at. He was at Bitcoin Atlantis.
• 1:28:48
  He's he's incredible and his book is revolutionary.
• 1:28:52
  It it, he did a great job Trojan horsing the financial system by
• 1:28:57
  not mentioning Bitcoin. The only mention of Bitcoin is
• 1:29:01
  in the back cover. There's a little tiny Bitcoin
• 1:29:04
  symbol in the back, but the entire book is about Bitcoin
• 1:29:09
  without actually saying Bitcoin. It is so powerful, so
• 1:29:12
  incredible. Enter right now.
• 1:29:15
  He's told me he'll sign a copy, ship it wherever he needs to go.
• 1:29:18
  So go to bitcoinm-o.com/contest. You can make an account right
• 1:29:22
  from there and then enter the contest.
• 1:29:24
  Or just if you already have an account just use your points
• 1:29:28
  that are in your rewards and and and go enter and if you don't
• 1:29:32
  have enough points like if you on board and make a purchase you
• 1:29:35
  get like lots of points but if you don't have enough follow me
• 1:29:39
  and DM me on Twitter and and I'll like I don't know I'll I'll
• 1:29:44
  figure it out. Yeah, DM Follow Adam on Twitter
• 1:29:47
  DMM questions about Bitcoin. You can also give him feedback
• 1:29:50
  about the platform itself. They want you guys involved.
• 1:29:54
  Help us. Help us build the first Self
• 1:29:58
  Custody by Default platform in the United States of America.
• 1:30:03
  Get involved. Give.
• 1:30:04
  Give your feedback. If there's stuff that you don't
• 1:30:06
  like. If there's stuff that you want
• 1:30:07
  to be improved, literally send Adam a DM, actually.
• 1:30:11
  Hey, on that note so we've got a lot of good feedback about and I
• 1:30:15
  saw some comments in the chat about the time delay between
• 1:30:18
  buying and and Bitcoin. I want to explain how the whole
• 1:30:22
  like system works in like 2 minutes or less and then what
• 1:30:25
  we're doing. So right now when you send money
• 1:30:28
  to a platform, that money is received like you know within a
• 1:30:32
  few hours. But the funds don't get released
• 1:30:34
  for sometimes like 5 or more days from the ACH that like
• 1:30:38
  payment rail in the US. So what what we've done is
• 1:30:41
  because I'm like I'm so anal about making sure that when
• 1:30:45
  people buy Bitcoin, they get the Bitcoin.
• 1:30:47
  So we locked up those funds. We said once you send Bitcoin,
• 1:30:50
  those funds are going to be in transit until they're released
• 1:30:54
  and then you can buy Bitcoin. That was I think the wrong move.
• 1:30:56
  What we heard was we want people.
• 1:30:59
  People want to be able to get their Bitcoin right away or or
• 1:31:03
  people want to be able to to at least like get rid of their Fiat
• 1:31:05
  right away understanding that the Bitcoin will hit self
• 1:31:08
  custody once those funds are actually released.
• 1:31:11
  And so the like right now we're working and just for reference
• 1:31:15
  like yesterday I left the office at about 8:00 PM and I was not
• 1:31:19
  the last to leave. Like the boys are working on
• 1:31:22
  making this platform as amazing as possible.
• 1:31:26
  When your funds are credited, you'll be able to to effectively
• 1:31:30
  buy Bitcoin and then your Bitcoin will be in a pending
• 1:31:33
  state ready for withdrawal once your your funds land.
• 1:31:37
  And then the second those funds are released from the Fiat
• 1:31:40
  banking world, it's going to be boom on the blockchain.
• 1:31:43
  TXID, you won't have to do anything.
• 1:31:45
  There's no like requesting withdrawals.
• 1:31:47
  You don't have to ask my permission to get your Bitcoin,
• 1:31:50
  your Bitcoin or bot ready for you and then they will be sent
• 1:31:53
  to your address. The 2nd, I have confidence and
• 1:31:56
  our platform has confidence that the ACH banking system won't do
• 1:31:59
  anything dumb. So that's kind of what we're
• 1:32:02
  what we're moving towards. So on the stuff on there, I'd
• 1:32:05
  love if you used it right now and then use it again like in a
• 1:32:07
  week. Tell me what the difference is.
• 1:32:10
  If you prefer it, it's yeah, the community feedback has been
• 1:32:13
  incredible. Lean into that please.
• 1:32:15
  We want to make we know this is bitcoiners on this show.
• 1:32:18
  We want to make the best possible platform for bitcoiners
• 1:32:21
  and ultimately buy bitcoiners and so help us do that please.
• 1:32:26
  This is dope A. 100% guys get involved in the creation of this
• 1:32:30
  platform. Help push the revolution
• 1:32:33
  forward, which is self custody. So give feedback to Adam.
• 1:32:38
  Send him Adm. Send me Adm.
• 1:32:40
  I've been getting plenty. Whatever that feedback is, you
• 1:32:43
  know, send it to us, send it to Adam.
• 1:32:45
  And you know help us build the best self custody platform
• 1:32:50
  possible. The only self custody by default
• 1:32:53
  platform in the US right now. So yeah, they put.
• 1:32:56
  Elaine said here, automatic self custody.
• 1:32:59
  Let's go. Oh, I am gonna.
• 1:33:01
  I'm gonna take that. Oh.
• 1:33:04
  Credit Elaine. Elaine.
• 1:33:06
  DM me your well tag. You're getting points for that.
• 1:33:08
  You're getting some contest entries.
• 1:33:10
  That's that's awesome. So, so guys, yes sign up, sign
• 1:33:15
  up to the platform, enter the contest by.
• 1:33:17
  By the way guys, if you if you sign up for the platform, you
• 1:33:21
  got to still enter the contest, right?
• 1:33:23
  You still got to use those points that you get when you buy
• 1:33:27
  those Satoshi's to enter the contest.
• 1:33:29
  It's not as simple as just signing up.
• 1:33:30
  You got to, you know, you got to do that as as well and the
• 1:33:34
  opportunity to win the jackpot or the Sats pot opportunity to
• 1:33:38
  win all this other, you know, Bitcoin goodies and all that
• 1:33:41
  stuff. So anyways, I hope you guys
• 1:33:43
  enjoyed the show. If you have smash that like
• 1:33:45
  button, consider subscribing if you feel like we provided you
• 1:33:47
  value. And of course, I want to thank
• 1:33:50
  our very special guest, the founder and CEO of Bitcoin.
• 1:33:54
  Well, Adam O'Brien, thank you so much for coming on the show
• 1:33:57
  today. Appreciate it.
• 1:33:59
  Watch this balloons. Oh, wow.
• 1:34:02
  Very, very, very, very fancy. Wait, we got one more question.
• 1:34:06
  All are all. It's a.
• 1:34:07
  Comment. It's a comment.
• 1:34:09
  Oh, OK. It's a comment.
• 1:34:10
  A comment. All right, ladies and gentlemen.
• 1:34:12
  Love you all. We'll see you tomorrow for a
• 1:34:13
  brand new episode of Simply Bitcoin Live.
• 1:34:16
  Peace out, everybody. Today's episode was brought to
• 1:34:19
  you by bitcoinwell.com, a Bitcoin only platform on a
• 1:34:23
  mission to enable financial independence.