Latest / Simply Bitcoin / They JUST Triggered A Global Gold Rush: $1M Bitcoin is coming! | EP 1184
Transcript
- 0:00Two of the world's most influential people just did
- 0:03something that has triggered a global gold rush.
- 0:07Today we're going to be explaining why this global gold
- 0:10rush, combined with Trump's tariffs and Elon Musk plan to
- 0:15audit the the Fort Knox gold bullion repository could trigger
- 0:22a $1 million Bitcoin. Now, I know this sounds
- 0:27absolutely crazy, but you're going to want to stick around to
- 0:30see everything we've lined up today, which begins with the
- 0:33clip that is absolutely breaking the Internet by Glenn Beck.
- 0:38Let's check it out. Starts with gold, and I've been
- 0:42following the Comex. There's something going on with
- 0:45gold and nobody really knows what it is.
- 0:47Somebody here in the United States is buying a crap load of
- 0:52gold. We think, I hope it's the
- 0:56Treasury or the central bank, the Fed.
- 1:00But somebody is taking huge physical deliveries and it's
- 1:04causing shortages at in London where they're, you know,
- 1:08there's, they buy and sell gold. There's shortages now of gold
- 1:13because somebody is buying it and shipping it here.
- 1:17Somebody with very deep pockets. OK, so why now?
- 1:21This is all theory. That's fact.
- 1:24Here's the theory of what's going on.
- 1:26They're preparing for a full on gold audit.
- 1:29We talked about this yesterday. The government right now claims
- 1:33on its balance sheet as an asset all of this gold, and it's
- 1:39valued at $45.00 an ounce. In case you haven't heard, it's
- 1:44$2900.00 an ounce. So they're talking now about
- 1:49boosting the price of gold at least market to market, but
- 1:54maybe even making it $5000 an ounce.
- 1:57OK, if that happens, the balance sheet starts to fall into line
- 2:02and our debt to GDP is not as bad as it really is right now.
- 2:07OK, just start claiming the truth about.
- 2:15And this is where the Bitcoiners take comes in.
- 2:20I don't think there is any gold. I don't think that gold isn't
- 2:23there, I think they're freaking the F out because of this tweet
- 2:28that came out from Zero Hedge. Also shout out to 0 Hedge
- 2:32because they published an article about simply Bitcoin
- 2:34getting the platform so I appreciate y'all but Zero Hedge
- 2:38said it would be great if Elon Musk could take a look inside
- 2:42Fort Knox just to make sure that the 4580 tons of US gold is
- 2:49there. Last time anyone looked was 50
- 2:53years ago in 1974. Elon Musk said surely it it's
- 2:59reviewed at least every year and 0 head said it should, but it
- 3:05isn't and just connect the dots with what Glenn Beck was saying.
- 3:11Now the Bitcoin senator, Senator Cynthia Lummis said Bitcoin
- 3:15fixes this. A Bitcoin reserve could be
- 3:18audited anytime, 24/7 with a basic computer.
- 3:22It's time to upgrade our reserves now.
- 3:26Here's Walker America from the name of his podcast, The Bitcoin
- 3:32Podcast. And he says here's what's going
- 3:34to happen. Elon pushes Trump to audit Fort
- 3:36Knox. Audit reveals there is less than
- 3:39500 tons of gold. By the way, listen, OK, why
- 3:46hasn't anyone seen the gold for 50 years?
- 3:50It's kind of like what's been happening with the whole USAID
- 3:53stuff, right? And, and all the like, all the
- 3:56arguments against the audit of USAID and what they're doing,
- 4:00what Elon Musk is doing is like, listen, listen, listen.
- 4:04The audit could the government could audit you if if the
- 4:07government doesn't audit you, you go to jail if you refuse
- 4:10that audit. But you can't refuse the the the
- 4:13you can't the government can refuse you auditing you wanting
- 4:17to audit them, right. The only reason the government
- 4:20would not want you to audit them is because they have something
- 4:24to hide. And what Elon has been
- 4:26discovering with DOGE, I mean, has been like, it's been insane
- 4:32the amount of fraud and the amount of abuse that has
- 4:37occurred so far. I'll just to put it gently.
- 4:40Anyways, it goes on to say Trump realizes China and Russia have
- 4:44way more gold than the US, but very little Bitcoin.
- 4:47Trump issues an executive order for a strategic Bitcoin reserve,
- 4:51citing national security. Money printer goes Burr.
- 4:54US buys as much Bitcoin as the market will sell.
- 4:58Price of gold collapses and beats CTC terms.
- 5:01China and Russia realize Trump got the jump on them and started
- 5:05to acquire Bitcoin. Price of gold collapses further.
- 5:09Peter Schiff submitted to a mental hospital.
- 5:13Now moving on to what? And this is already proven it
- 5:16could be done, right? So Senator Lummus was talking
- 5:19about how, you know, essentially if you have a Bitcoin reserve,
- 5:24it could be completely audited at any time.
- 5:27Here is El Salvador's Bitcoin Reserve by the Bitcoin office.
- 5:31Shout out Max Keiser and Stacy Herbert.
- 5:34And you can audit it. It's there.
- 5:36And you could put in the address of El Salvador's Bitcoin
- 5:39Reserve. And as you could see, you know,
- 5:43anyone could audit it at any time.
- 5:45You don't have to trust the government.
- 5:47The fact that the American people have not been able to see
- 5:53the gold at 4:00 at Fort Knox for 50 years, and the only thing
- 5:58they've been telling us is trust me, bro.
- 6:02And we've tried the trust me bro.
- 6:04And look at what's been discovered with the USAID, look
- 6:09at all the like they were, they, they've been sending million,
- 6:12hundreds of 1,000,000 billions of dollars to pay for all these
- 6:16projects that you have. You wouldn't agree on.
- 6:19You'd be like, that's insane. Why what, why, why am I paying
- 6:22for this? And it's because of corruption.
- 6:25It's because it's, it's, it's easy to take a little bit off
- 6:28the top if you know it's all obfuscated behind bureaucracy,
- 6:33right? And if you can't audit it, right
- 6:36with Bitcoin, you can audit it. And actually took the time to
- 6:40wrote write this this morning as to why the only way we can
- 6:45achieve a level of radical transparency.
- 6:49If a country truly wants to hold a reserve of anything on behalf
- 6:54of their citizens, it has to be in Bitcoin.
- 6:58If it's not in Bitcoin, it will and has been abused because
- 7:03think about it, how hard would it be to audit that gold in Fort
- 7:08Knox? Think about it, you would
- 7:09literally have to individually take each bar of gold and see if
- 7:15it's not just wrapped in gold and the internal, the inside of
- 7:19it is tungsten. There would be no way to verify
- 7:23it. So I think the moment that the
- 7:25American people lose confidence, and I think they are losing
- 7:29confidence, I think that's what this whole doge thing is
- 7:32uncovering, is that the government has been using their
- 7:36monopoly on violence and their unique ability to create money
- 7:40for free that everyone else has to work for to enrich
- 7:43themselves. And it leads to the question of
- 7:47not only what is money, but what is government?
- 7:50And I think something that bitcoiners inherently understand
- 7:54is that it's human nature. No one should have the ability
- 7:58to create money for free that everyone that everyone else has
- 8:01to work for. And it's also human nature that
- 8:04if you're going to hold an asset on behalf of the people of that
- 8:09said country, if that is, that, if that asset is not constantly
- 8:14being watched, if it's not constantly being looked at and
- 8:19audited in instantaneously without having to rely on the
- 8:25government that is holding it, it's going to be abused.
- 8:29And I think that if this audit of the supposed gold at Fort
- 8:34Knox goes through and there's significantly less gold than
- 8:39they say there is, I think there's going to be a huge loss
- 8:43of confidence in gold as a potential reserve.
- 8:48And this is where Bitcoin, this is Bitcoin's the only thing that
- 8:52could be held by a government on behalf of its people that could
- 8:57be audited instantaneously all the time, 24/7, making it
- 9:03incredibly difficult for a politician or for a governor or
- 9:08for the government itself to take a little bit off the top.
- 9:11And no one will notice because no one is looking right.
- 9:14And this is what El Salvador's proving with their Bitcoin
- 9:18reserves. So I wrote a little bit a piece
- 9:19about this in in the morning. I said the Fort Knox.
- 9:22And there's something very interesting about Fort Knox that
- 9:24perhaps a lot of people don't know.
- 9:26And it's very interconnected with the six one O 2 order.
- 9:29By the way, the Fort Knox Gold Depository was built
- 9:32specifically to store the gold confiscated from the American
- 9:36people through Executive Order 61O2.
- 9:39This order, issued in 1933, forced U.S. citizens to
- 9:43surrender their gold under the pretense of economic
- 9:47stabilization, concentrating the countries wealth in government
- 9:51hands. If Elon Musk's proposed audit
- 9:55were to reveal that Fort Knox holds less gold than officially
- 9:58reported it would it would provide undeniable proof that
- 10:02the US government used its monopoly on force to steal from
- 10:07its own citizens, not for the people's benefit, but to enrich
- 10:11itself. This would expose the
- 10:13fundamental flaw of centralized reserves.
- 10:16A lack of transparency allows those in power to manipulate and
- 10:21siphon wealth without oversight. The only way to ensure
- 10:26accountability in a national reserve is through radical
- 10:30transparency, where the people can audit holdings in real time
- 10:34without requiring government permission.
- 10:37However, this level of transparency is only possible
- 10:40with Bitcoin. Unlike gold or Fiat reserves,
- 10:44Bitcoin operates on an open, verifiable Ledger.
- 10:48Anyone anywhere can independently verify a country's
- 10:52Bitcoin holdings in real time, preventing fraud, mismanagement
- 10:57or hidden dilution. El Salvador has already proven
- 11:01this is possible. It's Bitcoin reserves are fully
- 11:04audible by the public at any time.
- 11:07No government controlled asset, whether gold, Fiat or foreign
- 11:11reserves, can match this level of trust.
- 11:14Bitcoin is the only reserve asset that guarantees absolute
- 11:20transparency and prevents state theft.
- 11:24And I think that when this audit goes through my gut, my
- 11:28intuition, listen, if they had nothing to hide, if they had
- 11:32nothing to hide, why hasn't it been?
- 11:34Why has it been 50 effing years since we saw a picture of one of
- 11:40the vaults at Fort Knox simultaneously El Salvador, Yes,
- 11:46small country in Central America with the total GDP of 33
- 11:50billion, right? Elon's net worth is 450 billion
- 11:54just to kind of give you an idea right Is doing it better than
- 11:58the United States of America OK. There is absolutely no reason as
- 12:03to why we cannot see the Golden Fort Knox.
- 12:07And if the excuses coming out right, the excuses against the
- 12:13Doge audits are any type of, of, of, of, of symbolism, any type
- 12:19of, of idea of what's to come. I mean, what it, what, what has
- 12:25been the arguments against the Doge audits of all these federal
- 12:29agencies? What, what has been the
- 12:30argument? There hasn't been any good
- 12:32arguments. If the government can audit us
- 12:35and if the, if we don't comply, we go to prison, why can't we
- 12:38audit the government? We fund them, our tax, our tax
- 12:42dollars fund them. They supposedly work for us,
- 12:46right? So I think if this goes through
- 12:50and it uncovers the thing that I think we all knew was happening
- 12:54the entire time, and I think Doge is uncovering what we knew
- 12:58was happening the entire time, the whole time, I think people
- 13:02are going to lose confidence in gold's ability to be a reserve.
- 13:06And I think that if people lose confidence in gold's ability to
- 13:10be a reserve, a true reserve, what is the only alternative?
- 13:15The only alternative is Bitcoin. Bitcoin is the only reserve
- 13:20asset that allows radical transparency.
- 13:25It's the only reserve asset where the government could hold
- 13:28it on behalf of the American people.
- 13:31And individuals don't have to ask the government to verify
- 13:35that. That said, Bitcoin is there.
- 13:37It doesn't operate on a trust me bro.
- 13:40It operates on a don't trust verify me bro, right.
- 13:45So anyways, I think this is incredibly bullish.
- 13:48Like we've been saying for a very long time, all roads lead
- 13:53to Bitcoin. It's a superior asset.
- 13:56It's characteristics make it better than gold.
- 13:58Not to mention it has absolute scarcity.
- 14:02I think this Fort Knox controversy and scandal is going
- 14:07to be enormous. I think it's going to make what
- 14:10has been happening with USAIDA drop in the bucket, because
- 14:17think about why Fort Knox was built.
- 14:20Think about the symbolism, the power of the symbolism behind
- 14:23this. For a second, Fort Knox was
- 14:26specifically built to house the gold that was confiscated by the
- 14:34US government with the six one O 2 order.
- 14:37It was specifically built for that reason.
- 14:40And could you imagine what happens when that gold is
- 14:44audited and that gold isn't there?
- 14:46Where was it? It was stolen supposedly.
- 14:50We don't know for sure, but I'll tell you what, man.
- 14:52Like we haven't been able to see it for 50 years.
- 14:56Why for for national security reason.
- 14:58Like what? What's the reasoning there?
- 15:00There is no good reasoning and they tried to gaslight us with
- 15:06all these government agencies being audited.
- 15:08They tried to throw the same reason reasons at US.
- 15:11One of the reasons was privacy. You don't want privacy.
- 15:14You know all your private details in the high in the hands
- 15:17of Elon Musk. Simultaneously, these are the
- 15:19same people that tried to pass legislation two years ago that
- 15:23would audit every $600.00 transaction that you would
- 15:27conduct. So the same people that are
- 15:30lecturing you, you know, about how you can't audit the
- 15:33government because of privacy reasons are trying to pass
- 15:36legislation to audit every $600.00 transaction you conduct.
- 15:42You know what that feels like to me?
- 15:43That feels like projection. They're projecting onto US what
- 15:48it is they're guilty of themselves.
- 15:51So I can't wait for this audit. I hope I'm proven wrong.
- 15:56But if I'm proven right, all roads lead to Bitcoin.
- 16:00It is the only reserve asset that is going to allow radical
- 16:04transparency. And without radical
- 16:06transparency, you're going to get corruption and abuses and
- 16:11mismanagement. It's just plain and simple.
- 16:13If no one is looking, it's human nature.
- 16:16It's human nature. Not everyone has integrity, not
- 16:20everyone has morals. If no one's looking, it's human
- 16:24nature for some people. Just take a little bit off the
- 16:27top, right? And then before you know it, if
- 16:29you do that for 50 years, it's all gone, right?
- 16:31Anyways, I'm going to pass it on to Opti Opti, What do you think?
- 16:34This has me fired up, bro. We've been covering this.
- 16:37It it, man, it's so symbolic. It's so symbolic, especially
- 16:41from a bitcoiners perspective, because Fort Knox was built for
- 16:47the six one O 2 order. It was literally built for the
- 16:50six one O 2 order. And now we're on the verge of a
- 16:53potential audit of Fort Knox, and that gold might not be
- 16:58there. So the gold that was stolen,
- 17:00stolen from the American people, it's not there anymore.
- 17:05Where did it go anyways? Opti, what's your take?
- 17:08Yeah, well, I mean, as a bitcoiner, I'm I'm assuming that
- 17:12the gold isn't actually in Fort Knox.
- 17:14And if you really consider kind of what Glenn Beck was saying in
- 17:17that original clip, and we've been kind of covering this and
- 17:19we've been following this on Twitter for a long time.
- 17:22The Bank of England has been having a hard time settling a
- 17:24lot of their gold, physical gold reserves and it's causing chaos
- 17:30in the gold markets. Obviously, you guys have
- 17:31probably heard we've talked about on the show gold is
- 17:34hitting all time high per oz right now.
- 17:36So when you see a hard money or, you know, an asset, a commodity
- 17:40like gold start to go up, not only does that in my opinion
- 17:44mean that Bitcoin will shortly follow soon, but that just means
- 17:47that there is a lot of uncertainty and concerns in the
- 17:50market period. And we've been covering this for
- 17:52a long time that there seems to be cracks in the Fiat system.
- 17:55And now we're kind of going back to like the original, like the,
- 18:00you know, you know, the original bomb that created Bitcoin in the
- 18:041st place, which is what happened with gold.
- 18:08You know, 1971, there's the classic what, you know, WTF
- 18:11happened in 1971? This has been a long domino
- 18:14effect that's been playing out since 1913 or even further since
- 18:18the creation of the Federal Reserve, etcetera, or, you know,
- 18:21pre World War One. Exactly.
- 18:23And so we're seeing all of this stuff start to play out and it's
- 18:26been 100 years of us living in this really fake monetary
- 18:30environment. And, and the culmination of that
- 18:32was of course, Fiat currencies. Like this is where as a
- 18:36Bitcoiner, we always talk about the fact that gold has failed as
- 18:39a monetary, you know, asset or, or monetary instrument.
- 18:44And This is why we ended up with paper money in the 1st place is
- 18:47because if you allow people to centralized the commodity or
- 18:52the, the gold themselves, then they usually, you know, issue
- 18:56more gold or more paper than the actual commodity that they're
- 18:59holding. And now we've gotten to this
- 19:01point now where it's even being talked about that we might audit
- 19:04Fort Knox, that we might end the Fed, which is absolutely crazy.
- 19:08Now, of course, this is still kind of speculation and these
- 19:11are all alleged concerns here, but the.
- 19:14Fact is that. Well, no, no, I'm not talking
- 19:16about the Fort Knox. I'm talking about potentially
- 19:19auditing Fort Knox is what I meant to say.
- 19:22And so I think though the conversation is, is a very
- 19:26defining contrast that we're seeing ourselves in.
- 19:29Like Nico was saying, you know, Fort Knox hasn't been audited in
- 19:3115 years or 50 years, sorry. And the best, you know,
- 19:35verification that we got was a picture, you know, black and
- 19:38white picture about the gold being held in Fort.
- 19:41Of one of one of the vaults bro. One of the.
- 19:43Vaults, and now the smallest one.
- 19:46Yeah. And now we've gotten to a point,
- 19:47and this is the comparison now we've gotten to the point where
- 19:50even if we did quote, UN quote, see pictures of what's going on
- 19:53in Fort Knox, that doesn't even fully confirm or verify whether
- 19:57all that gold in those vaults is actually gold in and of itself.
- 20:01You know, it could be like tungsten wrapped with gold, you
- 20:04know, it could be lead wrapped with gold and therefore like a
- 20:07picture of it or someone said in the chat, you know, with AI,
- 20:10could you even trust these pictures right now?
- 20:13And so this is like the defining conversation.
- 20:16And if this does happen, I think would it should be one of these
- 20:21huge moments in monetary history where it kind of exposes the
- 20:24fraud of modern banking, the frauds of modern governments,
- 20:28Because if you compare the system of, hey, we, we haven't
- 20:31audited Fort Knox in the past 50 years, Bitcoin gets audited
- 20:34every 10 minutes. And I don't know, if you look at
- 20:37these two systems side by side, it's almost a no brainer into
- 20:41why us Bitcoiners are Bitcoiners because we don't have to trust,
- 20:45even if they do do an official audit, like we still have to
- 20:48trust that the auditors are actually telling the truths.
- 20:50Whereas in Bitcoin, you run a node, the network is verified
- 20:53every 10 minutes, it's audited every 10 minutes or roughly
- 20:57every 10 minutes. And just a side by side
- 20:59comparison via gold and Bitcoin, it just goes to show that
- 21:03Bitcoin is a superior money technology.
- 21:05And I know you know, gold's physical and people still want
- 21:08something physical, etcetera. But personally, the way I look
- 21:11at it, like gold failed. And This is why we are in a Fiat
- 21:15monetary system that we are right now.
- 21:17The world has been completely detached from reality, which was
- 21:20the gold standard and they issued so much paper.
- 21:23And now we're getting to this point where the cracks in the
- 21:25system are showing and people do want to revert back to kind of a
- 21:28system that was trusted that did work for a long time time, AKA,
- 21:32you know, a gold money standard. But we've gotten to this point
- 21:35now where we have a better monetary technology, which is
- 21:38Bitcoin. And so if you compare these two,
- 21:41it seems like a no brainer to me.
- 21:43But I'm of course, there will probably be skeptics out there
- 21:46that are saying, oh, you know, I don't trust Bitcoin.
- 21:48I can't hold it in my hand. I'd much rather trust, you know,
- 21:51cash or a gold bar because it's physical.
- 21:54And I'm like, yeah, that's cool, bro.
- 21:55But like, I don't think we're going back to a gold system.
- 21:58You know, I don't think we're going back to a gold standard.
- 22:01We all know Fiat currencies has failed.
- 22:02This is why they're able to do what they do.
- 22:05And the only thing that will supplant the properties of gold
- 22:09is Bitcoin. And so this is the future that
- 22:11I'm betting on. And I think this is going to
- 22:13this is how it's going to play out.
- 22:14But hey, I would love to see an audit of Fort Knox.
- 22:16Will I trust it? Probably not.
- 22:18But the fact we're seeing this conversation happen and there is
- 22:21panic in the gold markets, I don't know.
- 22:23As the saying goes, when there's smoke, there's fire.
- 22:25So it should be telling, telling people what's actually going on
- 22:28is they might not have the gold that they claim, so you might
- 22:31want to buy some Bitcoin. Look, we, we can't, we can't
- 22:34claim for certain, OK, we can't claim for certain.
- 22:37But like, you know, it, it just use common sense, right?
- 22:4250 years since an audit, right? The first time there's been like
- 22:47a legit audit of any type of government agency.
- 22:52It like the amount of stuff that they found, you know, with, with
- 22:56doge and USAID has been bonkers. So are you like just common
- 23:03sense, right. And, and again, I, I, we can
- 23:06only speculate. We don't know for certain, but
- 23:10you think that goal is there, bro?
- 23:12Like, you know what I'm saying? Like you think it's there.
- 23:16Like the, it, it like it, it they've they've done nothing to
- 23:20make me feel like I should trust them at this point.
- 23:24And anytime any of us tell us, tell them like, look, guys like
- 23:30this is kind of effed up. Instead of taking responsibility
- 23:33and saying like, OK, we got to make things better, they
- 23:36gaslight us. They say that what we see isn't
- 23:40real. They, one of the things that I
- 23:42saw on 60 Minutes lately, I'm going to pass it on to James,
- 23:47was like, you know, DOGE has only discovered, you know, like
- 23:55it's only really been like .1% of the federal government
- 24:00budget. And if you break that down,
- 24:03that's $37 billion. So the guy on TV is basically
- 24:08trying to justify $37 billion of fraud.
- 24:12You know how many taxpayers you'd have to add up?
- 24:15I think like the average amount of taxes, like an American, an
- 24:21American citizen pays throughout his life is like 500,000.
- 24:25Do the math right? Like just because it's point, 1%
- 24:30of the federal budget, $37 billion of mismanagement,
- 24:35mismanagement and fraud is not OK.
- 24:38It's not OK at all whatsoever. But listen, that's down the
- 24:43politics stuff. That's down the discussion.
- 24:46You know, a lot of the solutions that a lot of these, you know,
- 24:50conservative or liberal channels give you is like vote harder.
- 24:54What the solution that Bitcoiners are giving you is
- 24:56like, look, we actually have a technology now that exists, that
- 25:01it's being used by another government that you can actually
- 25:07hold an asset on behalf of the nation where it could be fully
- 25:12audited at any at any given time, allowing full and radical
- 25:18transparency. Because if you don't have that
- 25:20full and radical transparency, it can and will be abused.
- 25:26And history has shown that time and time and time and time
- 25:29again. So what's like the, the, the
- 25:32definition of insanity? Trying the same thing and
- 25:35expecting different results. It's time to try Plan B.
- 25:39It's trying to it's time to try Bitcoin.
- 25:42Anyways, James, thank you so much for hearing us rambling on
- 25:46for 25 minutes. Appreciate you joining us on the
- 25:49show today. We got James from Stamp Seed in
- 25:52the house. Today we're going to be talking
- 25:54about the Stamp Seed kit during the culture segment.
- 25:57But before we hit, we move on to the rest of the show.
- 26:00James, what do you, what are your thoughts here?
- 26:02I'm just going to ask you point blank, do you believe that that
- 26:05gold is there at Fort Knox? I mean, it's literally
- 26:10impossible for me to think it's there.
- 26:13You know, if you had told me it's been audited every year for
- 26:16the past 50 years, I still wouldn't believe it.
- 26:17And the fact that it has been audited 50 years, why not,
- 26:20right? And I'm sure there's reasons for
- 26:22that. It's, it's against security to
- 26:25come in there and check it out. Whatever the case may be, I
- 26:28wouldn't also be surprised if it actually gets ordered and the
- 26:30truth doesn't come out, because I feel the repercussions of the
- 26:34goal of not being there would be a concern for national security.
- 26:38Because I mean, let's let's just like imagine that Fort Knox gets
- 26:43ordered and there's no gold there.
- 26:44And that's what the truth is. Based on what Doge has been
- 26:47doing, it's highly likely, you know, look at what happened with
- 26:50the Department of Education. They audited the spending.
- 26:55You know, they're everywhere they're going, they're making
- 26:57change, right? USAUSAD the the limestone Tavern
- 27:02where federal documents are kept.
- 27:06So people, you know, only 10,000 people at a time to retire.
- 27:08Like they're actually storing these documents underground
- 27:09somewhere. So they were just going after
- 27:11things. It seems like what they're going
- 27:13after. Either everything's corrupt and
- 27:15messed up or they know what's corrupt and they're just going
- 27:17after it. So I'm playing a game where it's
- 27:19going to get audited. There's no gold there.
- 27:22It is for people who are I guess normies or you know, haven't
- 27:25been orange filled yet, haven't even red filled yet.
- 27:27It's going to change their lives.
- 27:28Like imagine that, like Fort Knox, as you mentioned before,
- 27:31it's a symbol, right? It's very symbolic.
- 27:33It's used in movies used to reference having something
- 27:35secure. You know, this guy's got his
- 27:37house locked down like Fort Knox, like that's a thing.
- 27:40And when you shatter that it, it's, it's something people
- 27:43believe in their whole lives. And you know, you know what
- 27:45could happen when you become red pilled.
- 27:47So I think there's the opportunity for that to happen
- 27:50there, which is a little scary, right?
- 27:52I, I think if that, if that truth came out, I think it's,
- 27:56it's saying a lot. And what on the bright side
- 27:59though, I guess you get to look at Bitcoin juxtaposed next to
- 28:02it, right? Bitcoin is being spoken about at
- 28:06a much higher level now, you know, federal level, BlackRock,
- 28:09all these financial institutions and whatnot.
- 28:12Now you have a chance to expose gold for what it is, right?
- 28:15One, it was stolen from everybody and someone's just
- 28:17holding it. So we know that doesn't work.
- 28:18Someone else controlling someone's money doesn't work.
- 28:21Fractional, whether it's a bank holding your money, fractional
- 28:23reserve banking, it all comes back to bite, you know, us in
- 28:27the yes society, yes, basically. So when you're able to see that,
- 28:31OK, what they're saying they're holding isn't even actually
- 28:33there, it stays a little bit harder.
- 28:35And you also just uncovered the inefficiencies of gold.
- 28:38And what I like is that Bitcoin is being spoken about as a
- 28:41reserve, you know, strategic reserve.
- 28:43Gold is going to be exposed as inefficient strategic reserve.
- 28:47And I think the combination of people's kind of like lies being
- 28:50turned upside down by the fact that, wow, that gold isn't
- 28:52actually there. What else are they lying about?
- 28:54People that haven't really had those experiences yet, Bitcoins
- 28:57in a perfect position for to take over.
- 28:59Hopefully that's what happens. And like I was saying before,
- 29:01based on what Doge is doing, it seems like it's going to happen.
- 29:04But I just feel like the implications of it could be so
- 29:07serious where maybe the truth doesn't come out.
- 29:09So a hundred 100% and I agree with you and, and just to kind
- 29:13of share you because I, I, I like guys like I, I just want, I
- 29:16don't want you guys to feel like, OK, you know, simply is
- 29:20like like going down because this we got so much heat when
- 29:24the election season was happening and we were just like
- 29:27guys like Bitcoin before party and like, we just got so much
- 29:31heat for it. And then it got to a point where
- 29:33the samurai wallet developers were arrested and we were just
- 29:37like, look, guys, it's probably a good idea Trump 2024 RFK 2024,
- 29:42because you know, the Biden admin is just not that great
- 29:46towards Bitcoin, right? But like you got to say things
- 29:49how they are like what what Doge discovered was gnarly, right?
- 29:55And like, here's some of the latest data right from Social
- 29:58Security, right? So here's Elon posting according
- 30:02to the Social Security databases.
- 30:03Remember Remember if you are AW W2 employee right you're AW2
- 30:08employee they automatically take a portion of your paycheck to
- 30:13contribute it to Social Security.
- 30:15OK so according to the Social Security database, these are the
- 30:20numbers of people in each age brack.
- 30:23A bucket with the passaway field set to false.
- 30:28Maybe Twilight is is real and there are a lot of vampires
- 30:31collecting Social Security. So according to this, there are
- 30:37longer than the countries existed.
- 30:40There's one person who's between 360 to 369 years old that is
- 30:47collecting Social Security benefits.
- 30:49There is someone between 240 and 250 that's collecting Social
- 30:54Security benefits. There's 1039 people between the
- 30:58ages of 220 to 229 that are collecting Social Security
- 31:03benefits and it just keeps going.
- 31:06There is 100. There's 1,000,345 million people
- 31:13between the ages of 150 and 159 that are collecting Social
- 31:18Security benefits. The, I think the longest living
- 31:22person was like 100 and 29122. So, OK, so common sense here.
- 31:29And then we'll move on to the rest of the show because we got
- 31:32so much content, guys. We got so much content for you
- 31:34guys. If that's Social Security and if
- 31:38that's USAID, are you trying to tell me, OK, are you trying to
- 31:43tell me that when it comes to gold in Fort Knox, which hasn't
- 31:50been audited in 50 years, everything is perfect, right?
- 31:55That is what that's the argument you're trying to make.
- 31:58No man, no, no radical transparency or none of this
- 32:03stuff is going to work. It's human nature.
- 32:07If no one is looking, not everyone has integrity, not
- 32:11everyone has morals. If no one is looking, people are
- 32:14just let me take a little bit off the top.
- 32:16You know, it's not going to hurt anybody.
- 32:18But if you start to, if that starts to accumulate and
- 32:20compound, right, you start to see this massive fraud, which is
- 32:25what I think is being discovered.
- 32:27So yeah, I agree with James. Like it, it could be a national
- 32:31security issue. Like could you imagine if Elon
- 32:33goes in there and he's like, there's no like they can't make
- 32:37that public. They can't make that news
- 32:39public. Like it would be catastrophic,
- 32:41right? So anyways, Bitcoin fixes this.
- 32:44Bitcoin is the only asset that could truly be held by a
- 32:48government for its people because it could be audited by
- 32:53anyone. You don't have to ask anybody
- 32:54for permission. This is why gold failed.
- 32:57Gold failed because of its physical characteristics.
- 33:00And I think when the world realizes this, we're going to
- 33:03$1,000,000 Bitcoin tomorrow, right?
- 33:06All right, everybody, before we get the show started, I do want
- 33:09to give a very special shout out to Simply Bitcoins lead sponsor.
- 33:12Get this message all the time from everybody.
- 33:15Guys, how do we support the show?
- 33:17Guys, the way that you support the show is by supporting our
- 33:20awesome partners. They're the ones that help us
- 33:22stay on air. Also shout out to the amazing
- 33:25YouTube audience today. 757 people watching us live on
- 33:30YouTube alone and almost 3000 live viewers across all
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- 35:00buy Bitcoin on chain or via Lightning Network and Canada and
- 35:04the USA, bitcoinwell.com. All right, everybody, let's hit
- 35:08the numbers. We have tons to talk about.
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- 37:02stampseed.com At the time of recording, the Bitcoin price is
- 37:07$95,500. Block height 884,210 sats per
- 37:12dollar 1047 market cap 1.89 trillion Bitcoin versus Gold
- 37:17market cap 9.33% Percentage issued 94.4% Decline from all
- 37:23time high -12.5% Opti. Check that out bro.
- 37:29Realize monetary inflation under 1%.
- 37:32Air horns. Air horns.
- 37:36So the realized monetary inflation rate of Bitcoin is now
- 37:39under 1% at .99%, continuing to take Fiat currencies to absolute
- 37:46school. Anyways, before we play you guys
- 37:48the video that me and Opti and James talk about, I want to ask
- 37:52you guys a question. If you believe that the gold is
- 37:55there at Fort Knox, press 1. If you don't believe that the
- 37:59gold is there at Fort Knox, press 2 right now.
- 38:03Put it in the live chat. Put two in the live chat.
- 38:06If you believe that the gold at Fort Knox is not there, just
- 38:09smash that too. If for whatever reason you do
- 38:12believe that it's there, press 1 and then we'll talk about it.
- 38:16Anyways, guys, here's this amazing clip from the Bitcoin
- 38:20Podcast from Walker America. Highly, highly suggest you guys
- 38:24giving him a follow. But essentially he had a guest
- 38:26on that was making the case that with .1 Bitcoin, you're going to
- 38:31be like a multi multi, multi multi millionaire.
- 38:34I thought it was fascinating. I'm going to play out the clip
- 38:37and then we'll talk about it. Bitcoin over the last five years
- 38:41has returned 55% kegger. If you get a 10th of a Bitcoin
- 38:45right now just sit on 1/10 of a Bitcoin over and you know your
- 38:48audience I'm sure is not old farts like me.
- 38:50You're probably younger. Well, guess what you go 20
- 38:53years, 20 years that's 64 fucking $1,000,000.
- 38:57That's enough. It's plenty in today's
- 38:59purchasing power. Now I don't know what it's going
- 39:01to be then that's cup bucks. It could be like 200 million.
- 39:04Who knows, could be buying a cup of coffee, but but in today's
- 39:08dollars in purchasing power, that 10th of a Bitcoin is $64
- 39:11million. Just let it sit there.
- 39:13That's enough. But you know, you're going to
- 39:15struggle to come up with 100 grand with bitcoins, a million a
- 39:17coin and people that don't understand the trains leaving
- 39:21anybody that's listening to this or watching it, you're, you're
- 39:24making a bet right now. It's going to be about 30 days
- 39:28until president-elect Trump becomes President Trump.
- 39:31And when he does, if you're betting on the wrong side of
- 39:34this, you're going to have your eyes watered.
- 39:36You're going to sit there. We're going to put the dial on
- 39:3811 cook noodles and you're going to be sitting there going wonder
- 39:41what the fuck? Walker's face bro.
- 39:46It says it all anyways. I see it in the chat.
- 39:49People want a third option for the gold.
- 39:51Vote yes. If you believe half the gold is
- 39:53there, put three in the chat. So if you believe the gold is
- 39:56there, put one. If you believe the gold isn't
- 39:58there, press 2. If you believe half the gold is
- 40:00there, press 3. Someone in the chat says I
- 40:03believe this guy's math is wrong.
- 40:05I mean. But 64,000,000, did you say 64?
- 40:10He said 64, didn't he? That is a lot, bro.
- 40:13That's a lot. Is that, is that on the hopium
- 40:15side of things? Opti, what's your take?
- 40:19Yes, like I know we're, I know we're considered hopium dealers
- 40:22here by our chat constantly, but 64,000,000 for 10 million shats,
- 40:27what would that be for 100 for a whole coin?
- 40:31What? That's 6.4 billion I think per
- 40:36coin like in 20 years. Now, look, I am as bullish as
- 40:40everyone else can possibly be. I'm as bullish as anyone can
- 40:44possibly be. But 10 million sad $64 million
- 40:48like that. I yeah, again, someone checked
- 40:50the maths, they're like, that's crazy.
- 40:52But I think, you know, the point does remain the same that if you
- 40:55do expand your time horizon to 20 years, you know, he did what,
- 41:0055% kager. So, you know, annual compounding
- 41:04growth per year on Bitcoin, 50%, like nothing comes close to
- 41:09that. And I know people like, oh,
- 41:10you're just here for the money. And it's like, look, we're here
- 41:12to protect our purchasing power. Considering that the only other
- 41:16option is either saving in Fiat, which we know is not a viable
- 41:20option considering that the recorded number is losing 2% of
- 41:24your purchasing power per year. Yes, you know, there's privacy
- 41:27benefits because you can transact just, you know,
- 41:31technically cash to cash and you know, spend your dollars and
- 41:34they can't track you or you save in gold and it's been pretty
- 41:37much stable forever. It's literally the stable coin
- 41:40right now in in the financial system.
- 41:43So look, hey, I would love to see 55% kegger and remember
- 41:48sailors models, you know, not, not not to take sailors word as
- 41:52the, you know, the the Holy Ghost here, whatever, you know,
- 41:55the holy word of sailor. But I think his models were
- 41:59anywhere on the lower side to 2020% kegger to his higher
- 42:04models was I think 40% kegger. And he said 42,000,000 by, you
- 42:09know, 21 years or something like that.
- 42:11So yeah, if we are on 50% kegger, like I, I'm not good at
- 42:15maths. I can't do quick maths off the
- 42:17top of my head, but I would venture to say that a smaller
- 42:21amount of Bitcoin is going to be a huge amount in purchasing
- 42:24power in Fiat terms in today's dollars.
- 42:27Yes, we can still kind of talk about hyperinflation or
- 42:31inflation concerns and you know what will $1,000,000 buy you in
- 42:3520 years if we do go into a hyperinflationary state.
- 42:39But I think it's kind of safe to say that in today's dollars, any
- 42:43amount of Bitcoin that you hold is going to be a crazy amount of
- 42:45wealth in the future. And I think a lot of us,
- 42:48especially if you see kind of maybe not Bitcoin, but what you
- 42:51see in the meme coin space, so many people are just concerned
- 42:54with getting rich overnight. You know, this whole meme coin
- 42:56cycle stuff, which we are going to cover a story on today's
- 42:59show. Everyone literally is going into
- 43:02meme coins and trying to get rich in like 6 to 12 hours.
- 43:04And here as Bitcoiners, we're playing the long game.
- 43:06And we're just like, look, we want to transition from the
- 43:10broken monetary system we are to a better monetary system.
- 43:13And this isn't going to play out in 6 to 12 hours.
- 43:16This is going to play out over decades.
- 43:18And you want to be acquiring, you know, digital real estate on
- 43:22Bitcoin. You want to be playing hungry
- 43:23Hippo Pac-Man with Bitcoin, hold it for as long as possible
- 43:27because I'm convinced that in the future, you know, 1020 years
- 43:30from now, any amount of Bitcoin you're holding today is going to
- 43:33be a significant amount of purchasing power in the future.
- 43:36And that's kind of what we're trying to do protect your wealth
- 43:38as we kind of, you know, grow up as as a movement and start to
- 43:43garner more political power, more financial power.
- 43:45Like this is how we win is by accumulating the best money or
- 43:49the best currency or the best asset, however you want to frame
- 43:51it personally. And hey, look, I don't know
- 43:5464,000,000 for 10 million like that's that is some next level
- 43:59grade a hope you I'm as far as I'm concerned.
- 44:01But I love the mat. I love it.
- 44:02I love it guys. We have 185 likes so far on the
- 44:06YouTube chat. Help us break to 300 likes by
- 44:11the end of the show. So if you guys are enjoying, we
- 44:15just broke 700 live viewers on YouTube alone.
- 44:17Also shout out to the 2200 of you guys watching live on X and
- 44:23the roughly 100 of 100 or so of you guys watching live on
- 44:26Rumble. Smash that like button.
- 44:29Help us break 300 likes within the with by the time the show
- 44:34ends. So if you guys are enjoying the
- 44:36content, smash that like button. I'm going to pass it on to
- 44:38James. James, That was some great aid.
- 44:39I hope you wasn't it. Was he overly optimistic, overly
- 44:43bullish? I mean, he, I think he got the
- 44:46the math right with the Kaggar. But is it do do you see Bitcoin
- 44:52having a 50% Kaggar for the next 20 years?
- 44:55I think the sailors argument was initially it's going to have 60%
- 45:00and then it's going to start to tail down to until it reaches
- 45:04like 2030%. So what do you, what do you
- 45:07think, James? Man, it does seem like a lot,
- 45:15you know, I really don't know though, like it's in, in terms
- 45:18of today's dollars, right, 50 years from now, today's dollars,
- 45:20right? If things keep happening the way
- 45:22they are, you know, it's not really relative to what
- 45:2564,000,000 looks like today. So I really don't know, but I
- 45:29mean, ultimately and the Bitcoin that you have now, imagine that
- 45:34it's worth. I, I, I heard this a while back.
- 45:36I think it comes from, so I think MBK might have said it,
- 45:40imagine your Bitcoin 10X the big company hold right now.
- 45:42Imagine it being 10X right? That like what you have in your
- 45:45wallet right now. Imagine that being 10X.
- 45:47So with that being said, buy more Bitcoin now.
- 45:51Buy as much as you can, put it in cold storage, back up your
- 45:54private keys properly, and then just delay gratification as long
- 45:58as you possibly can. We've been following Bitcoin for
- 46:02a while. You know, a lot of us have been
- 46:05through the ups and downs, but over a long period of time,
- 46:10Bitcoin's been very good to us. If you extend that time horizon
- 46:14further, it's going to get any better.
- 46:15I don't know what the number is that I hate getting the price
- 46:18predictions. It does seem a little bit overly
- 46:23bullish. I'm more aligned with what
- 46:25sailors say just because, you know, listen to sailor a lot
- 46:28longer, but nothing other than that.
- 46:30But yeah, delay gratification as long as you can.
- 46:32Maybe it's 64,000,000 for one type of Bitcoin or for full
- 46:36Bitcoin. We just know what's going up.
- 46:38Yeah, fact. OK.
- 46:39And someone fact checked me. OK, I was doing quick math wrong
- 46:42math. One Bitcoin would be worth $640
- 46:44million per coin if .1 BTC was 64 million.
- 46:49Also breaking breaking James James predicts $1 million
- 46:56Bitcoin in 2025 Breaking news Air horns Opti please on the
- 47:04price. Prediction bandwagon now I'll
- 47:06take 1,000,000 now. You know that's conservative,
- 47:08right? Oh man.
- 47:10You know, under promise, over deliver.
- 47:11Hopefully that's what happens in that case.
- 47:14Yeah. So yeah, I mean, I think.
- 47:15That's what are you guys talking about.
- 47:17It's already a trillion dollars per chat.
- 47:19So we should, we should ask, we should ask the chat, we should
- 47:22ask the chat guys. If you think Walker's guest was
- 47:27overly bullish, press one in the chat.
- 47:31If you think he was overly bearish, drop 2 in the chat.
- 47:35Let us know. And, and, and I'm doing the
- 47:38official audits of the numbers in the chat guys, just.
- 47:41Just so so so drop drop one if you think it was overly bullish
- 47:46and drop 2 if you think it was overly bearish and drop three if
- 47:50you think he was spot on. Just drop drop those numbers in
- 47:53the chat and we'll tally it up. Also shout out to the three.
- 47:56There's 3070 of you guys watching live 730 alone on
- 48:01YouTube. And shout out of course to our
- 48:03Rumble audience who love you all.
- 48:05We appreciate you guys. You guys are watching simply to
- 48:07Bitcoin Live smash the like button.
- 48:08If you guys are enjoying the content, Next up we're going to
- 48:11be talking about Javier Malay's meme coin scandal.
- 48:17It was just holy cow. Like it was just, it was
- 48:20terrible. The definition of a pump and
- 48:24dump. We got more information.
- 48:26Apparently it's making a recovery.
- 48:28Dave Portnoy was in on it. Apparently he had some type of
- 48:32involvement. You know, have this thread, but
- 48:35yeah, it's crazy. It's crazy that all this is
- 48:38happening. And I'll tell you what guys, in
- 48:41regards to meme coins, like what is the difference between a
- 48:46Trump meme coin or a Malay meme coin in the dollar, right?
- 48:50Like I'd say the only difference is that the dollar has multiple
- 48:53presidents on it. That's it.
- 48:54That's the it's essentially the same thing they could just
- 48:57create out of thin air, right? It's just like there's like this
- 49:00social contract that everyone is accepting dollars, but Bitcoin
- 49:04really is like the only sound money.
- 49:07Bitcoin's the only money that you just can't create more of,
- 49:11right? That's the differentiating
- 49:13factor. Like, I don't care if you're the
- 49:15US government. I mean, look at look at all the
- 49:18things that we just talked about the first beginning of the show.
- 49:20I don't want to, I don't want to repeat myself.
- 49:22But it's like, you know, let's just say like, I don't really
- 49:26trust them very much. I don't really, I don't think
- 49:29that they deserve that. We we confided in the government
- 49:34to not abuse the money and they've abused that trust.
- 49:38They've abused it plain and simple, right.
- 49:41So yeah, I think meme coins are just accelerating hyper
- 49:45bitcoinization because it's waking up people to the reality
- 49:48of what is money. And I think that once you ask
- 49:51the question, what is money? You ask the question, what is
- 49:55government? We got a we got can you pull up
- 49:57that comment opt you? I thought it was pretty cool.
- 50:03BTC believer says the dollar is a government sponsored and
- 50:06accepted. You beautifully, beautifully
- 50:09said. I might steal that for a tweet.
- 50:11All right, everybody, let's move on to the news segment.
- 50:15We will be right back. Like I said, we have tons to
- 50:17cover on today's show. We're going to be uncovering
- 50:20malaise, meme coin extravaganza and then during the culture
- 50:24segment, we're going to be talking about the stamp seed
- 50:27guys. You got to store your
- 50:29generational wealth properly you got to store your seed phrase
- 50:33property with great power comes great responsibility so stay
- 50:37tuned we have a ton of content for you guys I want to give a
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- 53:23simply All right, everybody, let's jump into today's news.
- 53:26We have tons to cover yes. I mean, what was happening with
- 53:32Javier President Javier Malay was absolutely.
- 53:38I mean, the chart speaks for itself.
- 53:43Take a look at that. If that is not the definition of
- 53:46a pump and dump, I don't know what is.
- 53:49This is when it was announced. This is when it pumped, and this
- 53:52is when it dumped. Apparently.
- 53:54It's having a little bit of a little comeback moment here,
- 53:57apparently. But yeah, I mean, absolutely
- 54:01wrecked. Anybody who bought this.
- 54:04Absolutely destroyed. And yeah, I mean, I don't know.
- 54:09I don't know what else to say. Here is more contacts from a
- 54:12Yahoo Finance article. Malay pushes crypto token, then
- 54:16deletes post amid fears of scam. I mean, President Javier Malia
- 54:22advertised a crypto token he said was meant to help local
- 54:25Argentine businesses, but his support was met with widespread
- 54:29concern about a potential scam, and then he deleted the post.
- 54:33Manet initially promoted the Libra token late Friday in a
- 54:37post on X, saying the money raised would go to help small
- 54:41and medium sized companies in Argentina and stressing that the
- 54:44project was privately run. Excuse me?
- 54:47In a text message, he added that he would reap no personal
- 54:51financial benefit from the venture.
- 54:52The token's name appeared to be in reference to Malay's
- 54:55political party, La Liberta Avanza, or his libertarian roots
- 54:59as an economist. Blay told Bloomberg he met with
- 55:02the company behind the coin, K IP protocol, months ago.
- 55:06The company's website included A blog post featuring a selfie
- 55:09with its Co founder and the Argentine president giving a
- 55:12thumbs up dated October 20th. The tokens launch was not
- 55:16handled by K IP, according to a post on the company's X account.
- 55:20We did not profit a single cent from today's activity.
- 55:24So where? So where did all this go then?
- 55:26Bro, where did all this go? Where did all this go then where
- 55:31did it all go? Oh man, the gold is in Fort
- 55:34Knox. Also, community notes published
- 55:37on next, the social media platform about Elon Musk
- 55:40cautioned people against the coin.
- 55:41Crypto sands often called rug polls are rife on social media.
- 55:45But Lay deleted the initial post five hours later, saying he was
- 55:48quote not aware of the details of the project.
- 55:51And after having become aware of it, I decided not to continue
- 55:55spreading the word. Despite being a Wall Street
- 55:57darling, Malay has so far struggled to lure for an
- 56:00investment. Continues to continue.
- 56:01But anyways, yeah, yeah, not a good look.
- 56:04I was a big fan when this gentleman was elected, but it
- 56:08seems like Buchele was the only one is the only one that has
- 56:11been doing it right. Here is a thread that says this
- 56:14keeps getting worse. Hayden Davis, an insider behind
- 56:18the meme coin endorsed by Javier Mali Malay, said they made more
- 56:22or less ten $110 million. Some insiders were reimbursed
- 56:27$5,000,000, while retail saw -4.4 billion of market cap
- 56:36erased. What is happening here?
- 56:39An exclusive interview with Hayden Davis, the Leader insider
- 56:42behind Libra, was just released by Coffee Zilla.
- 56:45As seen in the clip below, Hayden says he now has more or
- 56:49less 100 million in cash, 11 million in tokens, 13 million in
- 56:53fees. Total cash is $113,000,000.
- 56:58Here's a clip. No.
- 57:00No, how much money do y'all have sitting on the sidelines?
- 57:03No, no, it's like it's, it's like more or less 100 mil, like
- 57:06right right around there. And and I guess there's there's
- 57:09a there's fees too. So there's probably, I don't I
- 57:13don't know the number, but it's probably like 11 million or so
- 57:16in tokens and like 13 in fees. So let's say like 110 ish.
- 57:23Effing crazy, but it gets worse. Hayden admits that he was part
- 57:27of the launch of Melania Trump's meme coin.
- 57:30After the launch of Libra wallet, P5TB4 sent $2.4 billion
- 57:35of two $2.4 million of profits to O0X CEAA Melania, a Melania
- 57:43insider's wallet. The same insiders cashed in
- 57:46millions on Melania. Now that we know OXCEA is likely
- 57:51both a Melania and Libra insider wallet, this makes more sense.
- 57:55It goes on to say OXCEA is also linked to wallet DEFCYK, an
- 58:02insider that cashed out $87 million on Libra's launch day.
- 58:07In fact, not only is DEFCCYK an insider, it's the creator of
- 58:13Libra. Hayden admits insiders traded on
- 58:16non public information, which is a violation of securities law.
- 58:21He also said that they used insider access to snipe price
- 58:25control liquidity and influence price action.
- 58:29This is a clear confession of my market manipulation and it keeps
- 58:32getting worse. Dave Portnoy revealed that
- 58:35Hayden refunded $5 million of losses on Libra.
- 58:37Hayden claims that this is his personal money and not related
- 58:41to the $110 million. Now here's one of the latest
- 58:45things Dave Portnoy says. PSI rugged myself.
- 58:49I'm buying the wrong Libra this league and then he says what the
- 58:55F is going on Javier Malay is just back back Libra again.
- 58:59Am I going to get rug twice on the same coin?
- 59:01I can't believe I'm buying again this league with WTF.
- 59:05Be careful trenchers. And apparently that's some type
- 59:09of government official saying look like this is how you buy
- 59:13Libra and it pumped apparently 1000% when that happened.
- 59:17And I think you guys could see that latest little tiny pump
- 59:21right here. Where is it?
- 59:23I'm scrolling. I'm scrolling.
- 59:24I'm scrolling this one right here.
- 59:26So yeah, I mean, or you can just buy Bitcoin.
- 59:31I don't know what else to say. Like, that's crazy.
- 59:35And, you know, like, one thing, one thing is like, like Javier
- 59:40Malay. And it's like, OK, you know,
- 59:42this is coming from Argentina and like, OK, you make the
- 59:45argument for it. But like Trump did this too, so
- 59:50did his wife, President I, I did not have this on my on my radar
- 59:57like in 2017. If you would have told me Nico,
- 1:00:01the year is 2025. And presidents are watching shit
- 1:00:06coins and dumping it on everybody.
- 1:00:09I would have told you. I would have said that is not
- 1:00:12possible. That is not true.
- 1:00:14So shout out to I, I got to give credit where credit is due.
- 1:00:17Shout out to Bukele. Shout out to Max and Stacey what
- 1:00:20they're doing with the Bitcoin office.
- 1:00:23It seems like El Salvador is the only country who's doing it
- 1:00:25right and ethically. And they have a transparent
- 1:00:30reserve like we've been talking about in the early part of the
- 1:00:33show. Seems like from my perspective,
- 1:00:36I mean, change a little bit with the the concessions that they
- 1:00:39made to the IMF. But it seems like so far, El
- 1:00:42Salvador is the only Bitcoin country that I can see.
- 1:00:46I know that the United States is moving forward.
- 1:00:48Yeah, exactly. Thank you for pulling that up.
- 1:00:50Opti, right? The Libra, the official Trump
- 1:00:54and then Bitcoin. Exactly.
- 1:00:56So yeah, man, shit coins in Fiat.
- 1:01:01They they feel like they're the exact same thing in in my
- 1:01:04opinion. Anyways, I'm going to pass it on
- 1:01:06to James. James, what are your thoughts on
- 1:01:07this brother? Yeah.
- 1:01:10I mean, overall, it just amazes me that, you know, after 2022
- 1:01:14SPF collapse and all that, you know, controversy that that
- 1:01:17fraud that was going on. It amazes me that shit coining
- 1:01:19is still happening. Like it, it really is surprising
- 1:01:23to me. And I guess that's just a new
- 1:01:24wave of people coming in, right? But ultimately I think it's just
- 1:01:27the, the, the high tide preference, you know, instant
- 1:01:32gratification that people want now, right?
- 1:01:34Like a lot, I think shit coins, why are they still around,
- 1:01:39right? People just want to get rich
- 1:01:39quick. That's really what it comes down
- 1:01:41to. And it's, it's, it's surprising
- 1:01:43seeing who's doing it now. Presidents, right?
- 1:01:46Like, like you said, like going back in time, like saying that
- 1:01:50that would be happening. Crazy to think.
- 1:01:52And it is. And we're just like, oh, OK.
- 1:01:53It's like nonchalant, like, oh, Trump launched a coin, Melania
- 1:01:56launched a coin. It's like this stuff just kind
- 1:01:58of happens. And it's, I don't even think
- 1:01:59much of it, but it's kind of funny.
- 1:02:03But I, I guess I kind of asked my own question.
- 1:02:05Why is shit coining still happening?
- 1:02:06Because I guess it's reached a new level, right?
- 1:02:10Like it went from exchanges, you know, being insolvent or, you
- 1:02:16know, just shit coins with, you know, tech minded founders or,
- 1:02:20or foundations behind that people trusted.
- 1:02:25That didn't work out. So now it's Melania Trump,
- 1:02:27Donald Trump, Malay coins that, you know, people, you know,
- 1:02:31maybe it's a different level of trust, or maybe it's just that
- 1:02:33they feel those coins will be successful now because the
- 1:02:36government's behind that coin. It's actually their coin.
- 1:02:38So I, I feel like it's just levelled up shit coining and
- 1:02:41it's tricking those same people again, because it's just a much
- 1:02:44higher level. I think it's really interesting.
- 1:02:46But looking back on it, like Malay, you know, I like them,
- 1:02:49right? They seem like exactly what, you
- 1:02:53know, the world needs more of. But when you look back on it
- 1:02:57now, it's just like, I'm thinking I'm like, he always
- 1:02:59kind of had that crazy look in his eye.
- 1:03:01And, you know, like when you look back, you're like, oh,
- 1:03:05yeah, you know, the shit coining is there to a certain degree.
- 1:03:09And it's just, I guess the biggest problem all along as
- 1:03:12people go along with it, right? There's just most people are
- 1:03:16equipped to consume because the dollars that they're saving in
- 1:03:22or the currency they're saving is become a debase and worth
- 1:03:24less. So buy now, buy as many assets
- 1:03:27as you can or live day-to-day because that's all you can do.
- 1:03:33And you know, it's obviously that's that's a huge problem.
- 1:03:37And I think these people are thinking, OK, I missed Bitcoin.
- 1:03:40I got scammed in all these other shit coins.
- 1:03:42Now Trump has a coin or belays behind a coin.
- 1:03:45This is going to be something good.
- 1:03:46I might get scammed again. I probably won't, but I'm going
- 1:03:49to try to make a lot of money really quick and see what
- 1:03:51happens and try to catch up to the people that got Bitcoin
- 1:03:54early. And I'm just surprised the
- 1:03:56psychos repeating itself. But I guess it's just like I
- 1:03:58said before, should coin reach a new level and different people
- 1:04:01are saying get behind this coin and maybe it means something
- 1:04:04differently to them and that's why it's happening.
- 1:04:06But shouldn't be buy Bitcoin. That's that's the only coin for
- 1:04:09me. I don't like coins that other
- 1:04:11people can create or get behind. That's what the dollar is.
- 1:04:15Buy something that no one could take away from you.
- 1:04:17You can go to sleep at night knowing the CEO isn't going to,
- 1:04:19you know, go speeding 100 mph into a wall or do something
- 1:04:22stupid. Yeah, 100% someone.
- 1:04:26By the way, James, someone in the chat said.
- 1:04:28Is stamp seat available in the UK?
- 1:04:32Yeah, I mean there's, if you go to our, our on our website,
- 1:04:36there's a reseller section, there's some international
- 1:04:38resellers that could be close to the area, but we could certainly
- 1:04:40ship it to you. Shipping is going to be a little
- 1:04:41expensive. It's going to take a little
- 1:04:43time, but check out some of our resellers.
- 1:04:46I think this is what an Amsterdam, I guess that's kind
- 1:04:48of close. So you get stamp sheet in the
- 1:04:51UK, but you can't comment anything bad on social media
- 1:04:54there still. So at least stamps and is still
- 1:04:56there. Opti, I know that you're a huge
- 1:05:00fan of Javier Milay, and I know that you've personally
- 1:05:03advocating for the Libra token using your handle.
- 1:05:07I heard that you were an insider.
- 1:05:09Is any of that true? All fake news.
- 1:05:13Sneika spreading fake news again, man, look, this saga is
- 1:05:20not it. It shouldn't really be a new
- 1:05:22story, especially if you've been a bitcoiner for a long time.
- 1:05:24It's just that now, since it's coming from Javier Malay, it's
- 1:05:28like it's actually a new story. And also I saw this morning that
- 1:05:30he's officially being sued for fraud as well this morning.
- 1:05:33So, you know, things are things are at least this cycle
- 1:05:37seemingly moving a lot quicker. But man, like, first of all,
- 1:05:41it's a huge disappointment. I think it it's starting to give
- 1:05:45a lot of credence to a lot of people.
- 1:05:47More more of the cynics, I guess, that you would call that
- 1:05:49on Twitter. That's saying that Javier Malay
- 1:05:51was essentially using the libertarian free markets
- 1:05:54rhetoric to kind of put himself in a position.
- 1:05:57And ever since then, he's not really living up to it.
- 1:05:59And I think this might be the final nail in the coffin where
- 1:06:03he's scamming, you know, billions of dollars in a shit
- 1:06:06coin. And for anyone that's saying
- 1:06:08that he was being, you know, coerced into this, I think
- 1:06:11that's complete a bunch of BS as far as I'm concerned.
- 1:06:15We've seen this cycle play out in shit coin land for a long,
- 1:06:18long time. It's only evolved recently.
- 1:06:21And, you know, love him or hate him, but the artist formerly
- 1:06:24known as Kanye West, AKA Yay, did a screenshot on his crazy
- 1:06:28Twitter rants about the fact that, you know, shit corners are
- 1:06:32out there trying to rug pull their audience.
- 1:06:35And, you know, they pay them money and then after a couple of
- 1:06:39hours, they say, oops, my account got hacked and you know,
- 1:06:41we're going to scam the public. So like if you are still doing
- 1:06:46what Dave Portnoy is doing, like he.
- 1:06:47Is he's got to be the biggest. Idiot in the Bitcoin space at
- 1:06:50this point, like obviously he's a gamber gambler, so he's got to
- 1:06:53know like, yeah, he's gambling. But the fact that people think
- 1:06:56that this is something like they're going to actually get
- 1:06:59rich, it just keeps showing why bitcoiners do what we do
- 1:07:03constantly. And This is why there is so much
- 1:07:05hate towards shit coins. And, you know, there's people
- 1:07:08that come into our channel and sometimes and they're like, you
- 1:07:10know, crypto adjacent to like, yeah, but like, you know,
- 1:07:13Bitcoin and other projects, like why you guys hate on other
- 1:07:16projects? And it's like, because this is
- 1:07:1899 Percent of the quote UN quote crypto industry.
- 1:07:21It's nothing but scams. It's nothing but rug pulls.
- 1:07:24And there's that meme that goes around now with the screenshot
- 1:07:28where someone's like frustrated, lost all their wealth and
- 1:07:30they're like. Is there any?
- 1:07:31Projects that aren't rug pulls and someone's like, yeah, you
- 1:07:34idiot, it's called Bitcoin. Like that's the only thing that
- 1:07:37isn't going to rug pull you. But as the saying goes, you
- 1:07:40know, the fastest way to become a quote UN quote Bitcoin maxi is
- 1:07:43by putting your hand on the stove and going through the shit
- 1:07:46coin rug pulls. You know, the the shit coin
- 1:07:49Minecraft here and it's just incredible that we've gotten to
- 1:07:52this point and that it's presidential candidates running
- 1:07:55their own shit coins like this is absolutely insane.
- 1:07:59As we've been saying for a long time, it looks like the the
- 1:08:02degeneracy that we kind of encounter in the initial coin
- 1:08:05offerings of 2017 era. They've obviously transformed
- 1:08:09for 20/21 arrows like monkey jpegs.
- 1:08:12Now we've gotten to, you know, official presidential Wall
- 1:08:16Street shit coins. And as much as I would love to
- 1:08:20believe that the degeneracy of shit coin land is going to fade
- 1:08:24away, I think we're starting to enter a whole new level of
- 1:08:27degeneracy, which is being backed by Wall Street.
- 1:08:30And, and man, the fact that they're getting caught this
- 1:08:33quickly, I think maybe is, is a good thing or more of a hopeful
- 1:08:37thing. And most people will avoid the
- 1:08:39casino and not get rugged. And literally This is why we're
- 1:08:42Bitcoiners. You know, I got rugged in 2017
- 1:08:45when I was new and green and I had to learn.
- 1:08:48And now This is why I'm like, guys, just buy Bitcoin.
- 1:08:51Don't doesn't matter what the flavor of the coin is.
- 1:08:54You know, there's what, almost 12 million coins now and only
- 1:08:57one of them is legit. And it's called Bitcoin.
- 1:09:00So like it should wouldn't really be news.
- 1:09:02I think it's just news because of how big of a profile figure
- 1:09:05this is and that he did the official like, oh, I'm
- 1:09:08interested, you know, what's the free market think about this
- 1:09:10coin? And then into six hours later,
- 1:09:12he's like, I got hacked. I'm not affiliated with.
- 1:09:14It's like bro. This is this is the story's.
- 1:09:17Oldest time in the Bitcoin space.
- 1:09:19It's absolutely insane A. 100% I want to also give a shout out to
- 1:09:22the Super Chat by R OK VTM Appreciate the 499.
- 1:09:28I just want my name up here. Well, you got your name up here
- 1:09:31here, bro. Appreciate it.
- 1:09:32Thank you so much. And ladies and gentlemen, we're
- 1:09:36going to move on to the culture segment.
- 1:09:37We're going to be talking about stamp seed.
- 1:09:39Guys, the price of Bitcoin. I still believe the bull
- 1:09:42market's going. Your net worth might be twice or
- 1:09:46three times as much where it is right now by the end of the
- 1:09:49year, depending on how things go.
- 1:09:51It's incredibly important if you take self custody of your
- 1:09:53Bitcoin to do it the correct way.
- 1:09:56And the best way to do that is by taking self custody.
- 1:10:00But when you take self custody, that comes with a tremendous
- 1:10:02amount of responsibility. And with that responsibility,
- 1:10:06you can make mistakes and there is no one 800 number to call.
- 1:10:08So you want to do it properly. And the stamp seed is one of
- 1:10:13those tools that you can add to your arsenal in becoming a
- 1:10:18sovereign individual. So guys, we're going to be right
- 1:10:20back. We're going to talk all culture,
- 1:10:23all stamp seed, all James, we'll be right back.
- 1:10:27I want to give a shout out to our sponsor Hive Digital
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- 1:11:59can power your success. All right, ladies and gentlemen,
- 1:12:06we are back. We got James in the house.
- 1:12:10Stamp seed doc baby. All right, I am pulling it up.
- 1:12:13All right, guys. So if you're new to the channel,
- 1:12:16if you don't know what the stamp seed kit is, the stamp seed kit
- 1:12:19is what you want to get if you want to maintain your
- 1:12:23relationship with your grandchildren.
- 1:12:24Because the last thing that you want to do, right when you get
- 1:12:27older, you know, that that paper that you write down your seed
- 1:12:30words on, it gets older, it gets all Gray.
- 1:12:33And you know how like paper gets all yellow and stuff.
- 1:12:37And you know, your grandchildren are looking at you and they look
- 1:12:40at you in the eyes. Hold on.
- 1:12:41I have to make myself full screen.
- 1:12:43They're like, grandpapa, I know you bought Bitcoin in 2020.
- 1:12:50Are you going to pass it on to me, grandpapa?
- 1:12:53And you know, you, you're like, yeah, of course.
- 1:12:55Like I have my Sparrow wallet. I have my Electrum wallet.
- 1:12:58I'm going to pass it on to them. But then you look and that paper
- 1:13:04is going to be like 30 years from now is all.
- 1:13:06You can't even read the words, You can't even give the next
- 1:13:09generation your Bitcoin. So you definitely don't want to
- 1:13:13put yourself in that situation, which is why you want to
- 1:13:15properly secure your generational wealth.
- 1:13:19And this is exactly why we've partnered up with the Stamp Seed
- 1:13:22kit. The Stamp se-ed.com stamp your
- 1:13:25seed into titanium. It comes with the letter to
- 1:13:29stamping tools, comes with the hammer, hammer time.
- 1:13:32And you literally hammer each individual letter into a plate
- 1:13:37of titanium. And I've seen this question
- 1:13:40before. You do this in the privacy of
- 1:13:41your own home. All right?
- 1:13:43You don't send your seed phrase to the stamp seed guys.
- 1:13:46No, no, no. You got the entire kit mailed to
- 1:13:49your home. The hammer, the anvil, all the
- 1:13:52letter stamping tools, and you stamp your seed into titanium so
- 1:13:57that it survives the test of time.
- 1:13:59They've put a blowtorch to this thing.
- 1:14:01They put in a pit of coals, they put it in the ocean for 24 hours
- 1:14:07and the words have survived all right.
- 1:14:10This is how I personally store my seed words.
- 1:14:13I put it into titanium. I don't write them down on
- 1:14:16paper. I know this is what Opti does.
- 1:14:18This is the way that you should this is how you should secure
- 1:14:22your generational wealth. If you're taking self custody,
- 1:14:25you got to do it. So anyways, head over to
- 1:14:27stampc.com or scan the QR code on your screen.
- 1:14:31And I want to take advantage of James being on the show today.
- 1:14:35If you guys have any questions for James, please drop him in
- 1:14:38the live chat. We'll we'll try to answer them
- 1:14:41live. But James, let's let's walk
- 1:14:43through the process, right. So someone gets a hardware
- 1:14:46wallet and you know, they, the hardware wallet usually comes
- 1:14:51with a piece of paper. And you know, people that's like
- 1:14:54their first it like most people, they get a Ledger at first,
- 1:14:58right? And there they get a Ledger.
- 1:14:59They write down their seed words on a piece of paper and they're
- 1:15:02like, OK, you know, my, my, my, my Bitcoin is secure.
- 1:15:06You explain to them why that's a bad idea, why they shouldn't
- 1:15:10write it down on paper, why you know they should make the
- 1:15:13investment because it is an investment into really leveling
- 1:15:18up their self custody set up. Right.
- 1:15:25You know, each while it's coming with a piece of paper.
- 1:15:27So you're automatically being set up for for failure, right?
- 1:15:30Like paper, is it going to stand the test of time?
- 1:15:32It's going to burn the fire, it's going to, it's not going to
- 1:15:35survive water, anything like that.
- 1:15:37It's paper, right? You're comparing that to
- 1:15:39titanium, one of the strongest metals on Earth.
- 1:15:41So those seabirds are extremely important here, while it's very
- 1:15:45important, but ultimately your seed words are everything.
- 1:15:48If that wallet, you know, you buy your, you know, hopefully
- 1:15:52you know, it's a it's a really good air gaps open source
- 1:15:55Bitcoin only wallet. That's that's the first one
- 1:15:57you're going to want to set yourself up, but get one of
- 1:15:59those. But if that wallet became
- 1:16:01destroyed, lost, stolen, it breaks, you know, electronics
- 1:16:06break, right? They don't last forever.
- 1:16:09It gets wet. Whatever the case may be, you
- 1:16:10lose it. You know you can't call, you
- 1:16:13know you can't call up Ledger and axe them for another one
- 1:16:17with your money on that. It's completely gone.
- 1:16:19But your seed words are going to be able to regenerate that
- 1:16:22private key and spin up those funds if that wallet became
- 1:16:25lost, destroyed, stolen in any other wallet.
- 1:16:27So if you bought a Ledger, you can then move it to a different
- 1:16:30wallet like a treasure after the back.
- 1:16:32Your seed words are pretty much everything, right?
- 1:16:35And if if you have that on paper and that gets destroyed, you
- 1:16:40know that these are the stories you hear of people lost their
- 1:16:42Bitcoin, right? They can't get to it.
- 1:16:43I was actually listening to a YouTube video the other day with
- 1:16:46Tom Brady was being asked about FTX and then Bitcoin and he's
- 1:16:50saying he lost it. He can't get it.
- 1:16:51He can't get to his wallet. It's gone.
- 1:16:55Maybe it's gone, who knows. But you know, he could have
- 1:16:57easily lost access to either his wallet or received words.
- 1:17:00So obviously having it on paper is not timeless.
- 1:17:04When you're buying Bitcoin, you're buying this to store it,
- 1:17:08hopefully put it in cold storage and have it there long term.
- 1:17:10And you need to make sure you have a medium that you know,
- 1:17:14lines up with that long term form of thinking.
- 1:17:17Having it on a post it piece of paper isn't going to cut it.
- 1:17:21But conveniently enough, stamp seed plates are the size of a
- 1:17:25post it and you could pretty much hammer each letter into
- 1:17:27there the same way, I guess as writing it on the paper, right?
- 1:17:33When you write it on the paper, your your your ink or your
- 1:17:35pencil lead gets into contact with that paper.
- 1:17:39When you're stamping your seed where it's the titanium, it's
- 1:17:41actually becoming part of that metal.
- 1:17:42You're not that you're not laying like letters into it.
- 1:17:44You're actually slamming letters into that plate.
- 1:17:46So it's going to be there forever.
- 1:17:48So you know what kind of goes hand in hand?
- 1:17:50I always think to myself, like when you're buying harbor wall
- 1:17:54to back your Bitcoin, like why is paper being sold with it?
- 1:17:57It, it really doesn't make sense to me, but I guess you have to
- 1:18:00put something in there, right? As a hard wall provider, you
- 1:18:03have to put something for them to record it on.
- 1:18:05Metal is expensive. A kit's probably expensive.
- 1:18:08So they're not doing that. But don't think that it's normal
- 1:18:10to store it on that paper, right?
- 1:18:11Just because they're giving you the paper doesn't mean that's
- 1:18:14the way to go about doing things.
- 1:18:16You have to upgrade what what you're storing your seed words
- 1:18:19are. And a lot of people, you know,
- 1:18:22are thinking like, OK, I'm buying Bitcoin now, I'm buying a
- 1:18:25hardware wallet that could be anywhere from, I don't know,
- 1:18:27like 70 to $200. Then I have to buy a stamp seat
- 1:18:30kit or something similar, let's call that 100 or $200.00.
- 1:18:33So you're kind of doing this math in your head where it does
- 1:18:35it really make sense to, to back up what I'm holding.
- 1:18:38But think about it, you're sending your coins to cold
- 1:18:40stores to hold them long term for generations.
- 1:18:45Set it up, you know, wait the best way possible where you
- 1:18:48don't have to make any changes to it in the future.
- 1:18:51So, you know, seed words are extremely important.
- 1:18:54I know people try to memorize them too.
- 1:18:57That's great. You know, you can, I like to
- 1:18:59like do that as like a second backup or if I can't get to my
- 1:19:02plate or wherever the case may be.
- 1:19:03But memory fades too, right? Like, you know, just because
- 1:19:08we're sharp today doesn't mean we'll be sharp 20 years from
- 1:19:10now, let's say. So you have to have it on a
- 1:19:13metal plate. So one, you don't forget them.
- 1:19:16And then you have to store that plate in a very smart area so
- 1:19:19you don't lose it or deploy some sort of multi sig or or shimmy
- 1:19:25or backup or two of three splitting.
- 1:19:29Somebody did not have all your eggs in one basket and on one
- 1:19:31plate. But having the right protocol in
- 1:19:35place to make sure you can get your funds 1020, thirty, 4050
- 1:19:38years from now, two or three generations from now is the most
- 1:19:41important thing. And paper is not going to cut it
- 1:19:43when it comes to doing something like that.
- 1:19:45Electronics are no, no, you're never storing your seed phrase
- 1:19:49on a device. You know, it's one of the worst
- 1:19:51things you could do screenshotting it on your phone,
- 1:19:55storing it in the cloud. You know, things that are that
- 1:19:59are probably happening with hot wallets.
- 1:20:01If you're, if you're getting cold search hardware wallet, you
- 1:20:03know, your words need to stay offline, as I say, and off paper
- 1:20:06too, and on titanium. And there's other metal backups
- 1:20:10out there too, right? And in my opinion, I always say
- 1:20:13any metal backup is better than a paper backup.
- 1:20:16But not all metal backups are going to be equal.
- 1:20:18On top of that, what what mixed stamps are unique, as I was
- 1:20:21talking about before, is you're stamping the letters like into
- 1:20:24that metal. And there's a lot of other
- 1:20:26options out there that you're getting pre stamped letters and
- 1:20:30you're laying them into metal. And then you're getting into the
- 1:20:32the issue of having multiple pieces and multiple pieces is a
- 1:20:36nightmare. You know, the less pieces the
- 1:20:39better it is for a lot of different reasons.
- 1:20:41Heat expansion, if the device were to bend, things could fall
- 1:20:45out. With the Sam C, that doesn't
- 1:20:46happen. There's other types of metal
- 1:20:48backups out there too. Some of them are kind of like
- 1:20:51grids where you have X axis and Y axis, I guess, and you have
- 1:20:57letters and numbers on there and you hit the corresponding box
- 1:20:59that basically spells out the letter for you.
- 1:21:02And you just hit the plate with a dot, which is still good.
- 1:21:05But one, it's a pain to decipher 2, you're relying on the the
- 1:21:11grid catching. If that were to fade or become
- 1:21:13quoted over time, it could be very difficult to decipher what
- 1:21:16your words are. So that's that.
- 1:21:19And I, I know, I think I might have saw someone asking about
- 1:21:24lower case and special characters.
- 1:21:26Those will be coming out soon. That's been like highly
- 1:21:27requested. That'll be out sometime this
- 1:21:31year. Hopefully they can do more
- 1:21:32things like, you know, stamping your entire passphrase, stamping
- 1:21:36your oyster keys and things like that.
- 1:21:39So yeah, so we're on titanium and hold it over time and it'd
- 1:21:45be more valuable than the goal. That's not all.
- 1:21:48Right, the one the one question I saw in the chat was James,
- 1:21:51will the stamp seed survive a boating accident?
- 1:21:56It will, but you might not be able to find it so or or on
- 1:22:03purpose. And Speaking of water, I Nico,
- 1:22:05it was a year we did that test for in the water.
- 1:22:08I think you said 24 hours. You put you put a a plate in in
- 1:22:13salt water for an effing year and the data survived.
- 1:22:18So for a year it was kind of funny.
- 1:22:20It was a good test. It was exactly a year off of the
- 1:22:24shore of Long Island, you know, in the water.
- 1:22:27And it's kind of funny, if you look on our Twitter page, like
- 1:22:29under our highlights section, when it's being pulled out, it
- 1:22:32looks like, like something out of Swamp Thing, like it's
- 1:22:34covered in algae and muck. And it just looks like this,
- 1:22:38like, bowl of, like, grime from the ocean.
- 1:22:41And that's what it looked like coming out.
- 1:22:43And then Adam's doing that video.
- 1:22:45He ended up scrubbing up the plate, and it looks cleaner than
- 1:22:48it looked when like, when it went in.
- 1:22:50Like, it actually came out better once it was cleaned up,
- 1:22:52which is great. Yeah.
- 1:22:53There it is. Look at that, look at that,
- 1:22:55look, look at that. Keep, keep going off the keep
- 1:22:58the next picture. Look at that.
- 1:23:00It's all like gunky and the oceans taking out and you're
- 1:23:04like, Oh my God, you know, and then they then, you know, they
- 1:23:07cleaned it up. Look, look, look at that.
- 1:23:10Look at that. No rust, no rust, like, right?
- 1:23:14Like you don't want this thing corroding, rusting, degrading
- 1:23:16over time. You know, this goes to say that
- 1:23:18you could bury these things in the ground in, you know, maybe
- 1:23:21not recommended in in all areas because they're shifting
- 1:23:24underground, but you know, you could have it submerged in the
- 1:23:26water, you could have it buried on the ground.
- 1:23:29It's not going to corrode. And you know, obviously there's
- 1:23:31no crevices for things to to hide in and breakdown the
- 1:23:36integrity of or seize the device up.
- 1:23:38It's just like a solid plate. Like it's kind of crazy.
- 1:23:40Like it's so simple, right? Like it's super simple thing,
- 1:23:44but super important and simple is better when it comes to
- 1:23:47backing up your words. Like don't like over complicate
- 1:23:49it. And yeah, like no pitting from,
- 1:23:52you know, titanium, it's super strong metal.
- 1:23:54Like this is what people are using to build spaceships on
- 1:23:58airplanes. Like this is a highly trusted
- 1:24:00metal and now you could use to back up your Bitcoin.
- 1:24:03It's better to have a tight your Bitcoin on titanium plate than
- 1:24:07it is to have gold, in my opinion.
- 1:24:09That's the metal that I want. Titanium, but only if Bitcoin.
- 1:24:12Exactly. And could you imagine that that
- 1:24:14conversation as well, right? With, you know, with, with your,
- 1:24:19with your, you know, with your, with your, with the next
- 1:24:22generation. It's like Grandpa Pod.
- 1:24:24You have a Bitcoin. It's like, yeah.
- 1:24:25And you, you, you hand them over a stamp seed, you know, plate.
- 1:24:30They'll be very, very happy that, you know, you did that.
- 1:24:33Also want to give a shout out to Ron P for the Super chat.
- 1:24:37Appreciate the $10. Apparently it was to buy Opti a
- 1:24:41coffee. Anyhow, guys, go to
- 1:24:46stampse-ed.com today. Don't, you know, don't, don't,
- 1:24:49don't mess around with your generational wealth.
- 1:24:52Don't, don't write down your seed words on paper.
- 1:24:54Stamp them onto onto titanium. The stamp seed kit comes with
- 1:24:58everything you you'll need, comes with the anvil, comes with
- 1:25:02the letter stamping tools, comes with a very special hammer.
- 1:25:06James, could you talk about why that hammer is special?
- 1:25:08Hammer time? Yeah, preface is by saying that
- 1:25:12right now the hammer's so popular that like it's out of
- 1:25:15stock, we should have more back within a couple weeks.
- 1:25:17So you'll be able to grab the hammer then.
- 1:25:20But we also sell the kit without the hammer for people that
- 1:25:23already have one. You know, a lot of people have a
- 1:25:25toolbox in their garage or their shed, so you could use a regular
- 1:25:28pull hammer with it, but it's a lot more difficult to do it that
- 1:25:31way. And like, you know, it sounds
- 1:25:33like some sort of thing the guy from the company would say,
- 1:25:35right? But it's it's not the case like
- 1:25:37we're, we're a company of metal stampers.
- 1:25:39We innovate metal stamping tools that are meant to actually stamp
- 1:25:42letters into metal. One of the biggest, most
- 1:25:45important tools for that is a metal stamping hammer, which you
- 1:25:48can see in the picture there. That's actually our patented
- 1:25:51design on that. And what what you have there are
- 1:25:55a couple different things that make it easier to stamp deeper
- 1:25:58into metal. The most important thing is the
- 1:26:00brass tip on it. So brass is a softer metal than
- 1:26:04the letter stamps and it's a softer metal than titanium.
- 1:26:06So when you're hammering it, that brass is actually going to
- 1:26:10absorb the shock of the hit. The hammer is going to get
- 1:26:13dented and that, but the stamp is going to go deeper into the
- 1:26:16metal. You have a shorter handle.
- 1:26:19Think about it. If you're using, like I said
- 1:26:21before, you could use a regular claw hammer to do this.
- 1:26:23You know, the hammer that your dad had or the hammer that's in
- 1:26:25your garage, it'll work. But that long handle makes it
- 1:26:29difficult to be accurate, right? And you have to swing a lot
- 1:26:32harder with that sort of hammer. So one you're further away from
- 1:26:36the point you're stamping. So inaccuracy becomes a thing
- 1:26:38with a shorter handle, you're choking up on it just like you
- 1:26:41would back in the day, choke up on the baseball bat when you're
- 1:26:43younger to get a really good hit when you're learning.
- 1:26:45So this hammer set up for someone learning, I guess you
- 1:26:48could say also all the weight is at the top of the hammer.
- 1:26:51It's not distributed throughout the handle, it's at the top.
- 1:26:54So 2 LB heavyweight on top means you don't have to swing super
- 1:26:57hard like you will with the claw hammer.
- 1:26:58You can kind of just like knock it in because all your weight is
- 1:27:01going to be right about the point of contact and you know,
- 1:27:04it's a nice ad. It's got like an an angle to the
- 1:27:07handle so you could sample sitting down and things like
- 1:27:09that, but makes it a lot easier. You can't do it without that
- 1:27:13hammer though. But it's probably going to take
- 1:27:15longer and the results won't be as good.
- 1:27:17And inaccuracy could lead to, you know, some problems too,
- 1:27:21right, With this hammer that we sell if it's super accurate.
- 1:27:24Absolutely, Absolutely. Yeah, man, it's guys store your.
- 1:27:29I can't emphasize this enough because I you just can't say it
- 1:27:32enough times you got to store your generation of wealth
- 1:27:35properly. It's not only about getting
- 1:27:37yourself a hardware wallet. We obviously recommend passport
- 1:27:40by foundation devices open source, incredibly easy to use
- 1:27:43that sacrifices security, but you got to store your seed
- 1:27:46phrase properly, right? Which is why we recommend the
- 1:27:50the stamp seed kit use promo code simply you get 15% off
- 1:27:54anything off the store comes with everything, everything
- 1:27:58you'll need. I want to give a very special
- 1:28:00shout out to the entire audience who tuned into simply Bitcoin
- 1:28:04today 3700 live viewers currently 400 live viewers on
- 1:28:09Rumble. A shout out to the rumble
- 1:28:11audience. If you guys are new smash the
- 1:28:13like button consider subscribing to simply Bitcoin.
- 1:28:17We love you all. We appreciate all of you guys.
- 1:28:20Thank you so much for the Super chats, the support.
- 1:28:23I'm your host Nico. This was Simply Bitcoin Live for
- 1:28:26February 17th, 2025 is our special guest for today, James
- 1:28:30from Stamp Seed. Again, use promo code Simply
- 1:28:33Stamp se-ed.com and my legendary Co host Co founder Optimus
- 1:28:38Fields in the Co host seat today.
- 1:28:40And we'll be back tomorrow for a brand new episode of Simply
- 1:28:45Bitcoin Live. Today's episode was brought to
- 1:28:48you by bitcoinwell.com, a Bitcoin only platform on a
- 1:28:52mission to enable financial independence.