Latest / Simply Bitcoin / Billionaire EXPOSES Wall Street's Dirty Secret [DO THIS TO RETIRE!] | EP 1239

Transcript

Billionaire EXPOSES Wall Street's Dirty Secret [DO THIS TO RETIRE!] | EP 1239 · Simply Bitcoin

• 0:01
  Yeah, a billionaire who 100 X the value of his public company
• 0:05
  is in under five years just exposed Wall Street's dirty
• 0:10
  secret that he called the 4% rule.
• 0:14
  Today we're going to be explaining how you could use
• 0:16
  this 4% rule to outperform the market and retire sooner than
• 0:21
  you think. We're also going to be revealing
• 0:23
  some of the other secrets Michael exposed in this speech
• 0:27
  that he gave yesterday at Strategies most anticipated
• 0:31
  event of the year, strategy rolled, I mean strategy,
• 0:35
  strategy world. Anyways, let's check out the
• 0:37
  clip and then we will talk about it. 4% will make you rich.
• 0:43
  OK, here's the painful one. All of the wealth created in the
• 0:48
  stock market comes from 4% of the public companies. 96% of
• 0:54
  these companies have performance equivalent to a treasury bill
• 1:00
  That that's brutal, right? 96% of the companies can't beat
• 1:04
  AT bill. Here's a snapshot of stock
• 1:09
  performance of the S&P. So we pull the 500 companies.
• 1:12
  These are the greatest 500 companies in the world.
• 1:16
  Look at them on this distribution chart.
• 1:19
  What you can see is that the Magnificent 7, they're up 221%
• 1:23
  over the past four years. S and PS up 67%. 96% of the S&P
• 1:31
  companies are underperforming the mag 796 percent. 68% can't
• 1:38
  beat the index. So I mean, I'm joined here of
• 1:46
  course with James from Stamp Seed and of course my legendary
• 1:49
  codes always optimistic optimist fields.
• 1:52
  Those numbers are brutal. We have more clips, by the way,
• 1:55
  from his presentation from Strategy World yesterday.
• 1:58
  But those numbers are brutal. Brutal, right?
• 2:02
  So the top 7 stocks essentially the, you know, the top seven
• 2:06
  tech stocks are essentially outperforming the rest of the
• 2:10
  stock market essentially. And if you buy something outside
• 2:14
  of the seven, you know, the returns are not really there.
• 2:18
  And he's not making the case only to investors.
• 2:22
  He's making the case to corporations 'cause he's
• 2:24
  basically saying like, look, if you're a corporation, you have
• 2:28
  absolutely no chance at competing with some of these big
• 2:34
  players like Google, like Meta. What, what should you do?
• 2:38
  You should buy Bitcoin. And what's really crazy about
• 2:41
  MicroStrategy is that essentially Sailor has said it
• 2:45
  himself, there was no way of them competing with Microsoft.
• 2:50
  Microsoft essentially made their software free.
• 2:53
  How do you compete with that, you know, as a software
• 2:56
  enterprise software company? And essentially they were, they
• 3:01
  were gone like they were going to go out of business
• 3:03
  eventually. And that's why Sailor was
• 3:05
  essentially forced into a corner and pivot to Bitcoin and become
• 3:10
  a, a Bitcoin holding company. Metaplanet is a very similar
• 3:14
  story. They're essentially a, a dead
• 3:17
  hotel chain that was heavily affected by the pandemic and
• 3:21
  they pivoted. They use the cash flows from the
• 3:24
  business to essentially acquire as much Bitcoin as possible and
• 3:28
  then use the capital markets and debt instruments again to like
• 3:33
  buy more Bitcoin at very, very cheap debt.
• 3:36
  And the performance has been insane.
• 3:39
  Like strategy is a huge success story.
• 3:43
  Like it it essentially 10X in a matter of like 4 years.
• 3:48
  I think more than that actually the market cap of the company
• 3:52
  was at a billion and it went to 100 billion in a matter of like
• 3:56
  four or five years. That is the definition of a
• 4:00
  success story. And it's all because Sailor
• 4:04
  decided to adopt A Bitcoin strategy.
• 4:06
  Now I think that this applies to an individual on an individual
• 4:11
  level and I think this applies to a smaller company level to
• 4:15
  adopt. I was I actually have this saved
• 4:17
  in my drafts on X adopt the Bitcoin don't like just do it.
• 4:23
  And I promise you your life will get better.
• 4:25
  And it's for a very simple reason, right?
• 4:29
  You're saving in money that isn't being the base.
• 4:32
  That's it. It's a just it it just it's as
• 4:35
  simple as that. So sailor is making the case
• 4:38
  because this is Bitcoin for corporations.
• 4:40
  That's the name of the event strategy world.
• 4:42
  He's making the case for corporations.
• 4:44
  Listen, like, you know, most of these companies that are
• 4:47
  publicly traded are zombie companies.
• 4:50
  You don't have a shot at competing with these big
• 4:52
  monopolies. Adopt A Bitcoin strategy and you
• 4:56
  have a chance at winning, right? You know, you have a chance at
• 5:00
  succeeding. And he makes a very, very solid
• 5:03
  case for that, which is, you know, very, very strong.
• 5:06
  Anyways, I have a a couple other clips from some of his, you
• 5:11
  know, some of his talks from yesterday.
• 5:13
  Let's check some of those out and then me, James and Opti,
• 5:17
  we'll talk about it. What is the MicroStrategy story?
• 5:22
  Well, in August of 2020, we faced reality.
• 5:26
  We had tried everything under the sun.
• 5:28
  Buybacks. We had tried spending massive
• 5:31
  money on marketing, massive money on sales, expanded our
• 5:34
  sales force, expanded our technology function.
• 5:37
  We launched, you know, dozens of new businesses.
• 5:40
  We wound them down every possible strategy you could.
• 5:44
  None of them worked. And when the lockdowns hit, we
• 5:48
  realized we were looking at a fast death or a slow death or we
• 5:52
  were going to have to take a risk.
• 5:55
  And so we decided to take a risk.
• 5:57
  And when we did it, our stock was about $12.00 a share and $6
• 6:03
  of that was cash. So the enterprise value of the
• 6:07
  company was $6 when we did this slide is $394.00.
• 6:13
  So you can see we could have sold the company for an
• 6:17
  enterprise value of 6 to $8 or we could go ahead and take a
• 6:22
  risk and embrace a new idea and we decided to do that.
• 6:27
  You can see our trading volume is 5 million a day.
• 6:31
  Our trading volume now is 5.9 billion a day, right?
• 6:35
  I mean, you could see our open interest.
• 6:42
  So describing essentially what I was talking about, right,
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  Sailor, MicroStrategy was toast and there was nothing they could
• 6:49
  do. They spent million, hundreds of
• 6:51
  1,000,000 millions of dollars on marketing, on R&D, on sales, and
• 6:56
  they just couldn't catch the monopoly of which is Microsoft.
• 7:00
  And Microsoft essentially was giving their software for free
• 7:04
  at some point, like, you can't compete with that.
• 7:07
  So essentially, you know, they're dead in the water.
• 7:10
  And they were forced to pivot. They pivoted to a Bitcoin
• 7:14
  strategy. And this company that was
• 7:16
  otherwise going to go under essentially has become one of
• 7:19
  the the biggest success story on Wall Street.
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  And it's just a matter of time before other companies that are
• 7:26
  in very similar positions to micro strategy.
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  They have no chance at competing with some of these.
• 7:33
  You know, obviously, you know, the, the, the, the big, the,
• 7:36
  the, the, the big seven, They just adopt A Bitcoin strategy
• 7:40
  and they have a fighting chance, right?
• 7:43
  You know, adopting a Bitcoin strategy is a cheat code.
• 7:47
  Your, your runway just gets progressively bigger, you know,
• 7:51
  everything gets progressively cheaper.
• 7:53
  It's cheat code. It's a cheat code as an
• 7:55
  individual, it's a cheat code as a nation state.
• 7:58
  And it's a cheat code obviously on a large kind of institutional
• 8:01
  level as well. So that's crazy though.
• 8:04
  Like think about that for a second.
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  What Sailor said to unpack it. 4%, you know, 4% of the equities
• 8:12
  market is what's actually going to give you those decent
• 8:15
  returns. And that's really like all you
• 8:18
  need, you know, in terms of your financial planning and, you
• 8:22
  know, trying to figure out what you should invest in or what you
• 8:25
  should put your money in to retire into the future.
• 8:28
  Excellent breakdown from Sailor. I have one more clip from his
• 8:32
  presentation and then again me, James and Opti will talk about
• 8:35
  it. So I want to start with the
• 8:39
  challenge that every company faces.
• 8:45
  If you've been living in the 21st century, you know that the
• 8:48
  winners are the digital monopolies.
• 8:50
  Apple's winning. Meta is winning.
• 8:52
  Google is winning. Microsoft is winning.
• 8:56
  Amazon is winning. The more unpleasant part of this
• 9:02
  observation is that the price that we pay for Amazon to win is
• 9:06
  20,000 retailers have to lose. And the price we pay for Apple
• 9:10
  to win is 20,000. Device manufacturers have to
• 9:14
  lose and the price that we pay for Google to win is 20,000.
• 9:20
  Journalists, organizations, media, newspapers have to lose
• 9:24
  and you can see from this chart, the Magnificent 7 are certainly
• 9:28
  winning the 500 greatest companies in the world.
• 9:33
  That is, out of the 400 million companies on the planet, the 500
• 9:37
  greatest companies in the world are getting smoked by the by the
• 9:43
  Magnificent 7. They're struggling.
• 9:47
  And I spent many years in the public market.
• 9:51
  If a public company can't grow organically 15% a year or more,
• 9:56
  institutional investors lose interest.
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  The liquidity in the stock dries up the, the liquidity and the
• 10:05
  equity disappears, and then the options disappear.
• 10:08
  And it, you know, I, I remember when it used to be everybody's
• 10:12
  dream. I can't wait to go public.
• 10:14
  You're going to start a company and your, and your idea was, if
• 10:17
  I could just go public, I will have made it.
• 10:19
  And what I'm saying is going public is just the next step.
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  But what you find is even if you do go public, unless you can
• 10:27
  keep up with a magnificent 7, you're not making it.
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  Another way to look at the at the world today is in the public
• 10:36
  markets. Most companies in the public
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  market are, are what I call zombie companies.
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  They don't have much liquidity. They don't have an options
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  market. They can't beat the S&P index.
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  They can't retain earnings. They can't raise capital.
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  They can't take risk. They they're trapped in this
• 11:01
  paradigm where the capital is toxic, volatility is toxic,
• 11:05
  inflation is toxic. And this is the dilemma that we
• 11:11
  face. You can actually see it playing
• 11:14
  out if you look at a list of publicly traded companies over
• 11:17
  the past 20 years. This is publicly listed
• 11:20
  companies in the US and you can see how they've been getting
• 11:24
  ground down. It's not a chart of success.
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  If if I showed you anything in the modern world and the chart
• 11:34
  went down and to the right, you would say this is this is
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  failure or this is a gradual progressive slide to malaise.
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  So I mean, breaking it down in a very excellent fashion, like
• 11:53
  Saylor always does. And you know, what I will say is
• 11:57
  that I think he's absolutely right.
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  I mean, this is something that I think, you know, we always say
• 12:04
  here on simply Bitcoin that Bitcoin exposes all incentives.
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  Like that's what we say. We say this all, all the time.
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  Bitcoin exposes incentives. Bitcoin exposes the, you know,
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  the the dysfunction of essentially the Fiat system.
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  And you know, I think I think what you're seeing there, like
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  the result of all those zombie companies, the result of this
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  concentration of success, I think is the continuing air
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  effect. I think we're we're seeing it
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  and I think you're seeing Bitcoin essentially fix it from
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  within. And it's absolutely beautiful
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  because it's one of the companies that essentially were
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  being essentially we're outside of one of the big monopolies
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  that, that, you know, essentially was the first to
• 12:56
  market with a Bitcoin strategy. So I mean, I don't think people
• 13:02
  are aware of this. I, I just, I think most people
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  were asleep. I think a lot of people thought
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  that the, you know, the markets were healthy.
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  This is a tremendous amount of concentration of centralization.
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  And I think like Bitcoin always does, it exposes things, right?
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  It just shows it for the world to see.
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  I mean, I don't think Sailor would have come to this
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  conclusion if it wasn't for him being forced to look into
• 13:28
  Bitcoin or his company was going to go under and then him coming
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  to the realization of like, wow. Like, I think a lot of other
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  companies find themselves in the position that MicroStrategy was
• 13:40
  in not too long ago. So anyways, that's my take on
• 13:45
  all this. I want to get James and Opti's
• 13:52
  take. I mean, it's pretty eye opening
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  and, and I love the way he breaks it down.
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  I just don't think people are aware of this man.
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  And, and he's absolutely right. I think most people, they think,
• 14:03
  OK, my, my company's public, I've made it.
• 14:06
  You know, this is great. This is a huge success story.
• 14:09
  But what they don't tell you is that, look, you're getting your
• 14:11
  ass kicked by the big seven, you know?
• 14:14
  So anyway, so I'm going to start off with James.
• 14:15
  Also want to welcome James on the show.
• 14:17
  Stamp Seed guys, store your generational wealth properly,
• 14:21
  maintain your relationship with the future generations.
• 14:25
  Could you imagine a, you know, 50-60 years from now, you know,
• 14:29
  and you're going to want to pass your generational wealth to your
• 14:32
  grandchildren. And then you can't because you
• 14:35
  wrote down your seed phrase on paper and you then stamp it into
• 14:37
  titanium. Yeah, that's bad. stampseat.com.
• 14:41
  Anyways, James, what are your what are your thoughts, bro?
• 14:44
  Pretty, pretty eye opening like always from Sailor.
• 14:47
  He just, he he hasn't. He just continues to go down the
• 14:50
  rabbit hole and drops truth bombs on the rest of us.
• 14:55
  Yeah, I mean, classic sailor you got, you got to say that there.
• 15:00
  And All in all, like these magnificent, you know, those big
• 15:03
  seven companies, they're only going to get bigger, stronger.
• 15:05
  And if you're, you know, a company that's struggling or
• 15:08
  borderline zombie company embracing Bitcoin, as you say,
• 15:12
  it's a great cheat code. It's just in shocking that more
• 15:15
  companies haven't taken advantage of it yet.
• 15:17
  More people aren't talking about it yet.
• 15:19
  But it's something that we're just used to in the Bitcoin
• 15:21
  space. It's that we are very well aware
• 15:24
  of and we hear about all day long on X and then through
• 15:26
  podcasts. And then once you step out
• 15:29
  there, it's like no one really even knows who Michael Saylor
• 15:31
  is. But they're starting to catch on
• 15:33
  now. You know, things are coming to
• 15:34
  light. People are trying to catch on.
• 15:37
  Hopefully more companies do what he's doing.
• 15:38
  It's, it's a cheat code. It's like if, if you have no
• 15:41
  other options as a company and you have some time and you have,
• 15:44
  you know, one last shot at trying to, you know, keep the
• 15:46
  boat afloat, just embrace Bitcoin.
• 15:48
  It's, it's so simple to do, buy it, hold it, just like we all
• 15:52
  do, very easy to do. Just hopefully out of time.
• 15:56
  We're seeing more companies doing this.
• 15:59
  Yeah, one 100%. Anyways, Opti, what's your take
• 16:03
  on this, bro? The 4% rule, 4%, I mean, dude, a
• 16:07
  concentration of wealth. Talk about the concealing error
• 16:10
  effect. I, I just don't think people are
• 16:13
  aware of this man. Like if you're not in the big
• 16:15
  seven, you're struggling as a, as a company, bro.
• 16:19
  Most people are just not interested in, in, in
• 16:22
  purchasing, you know, your stock and stuff.
• 16:25
  That's pretty eye opening. That sailor starts off, you
• 16:29
  know, Bitcoin for corporations. I mean, he's incentivized to do
• 16:32
  that. He's incentivized for more
• 16:33
  corporations to adopt A Bitcoin strategy.
• 16:36
  But I will say he's like, you know, Bitcoin is a system of
• 16:39
  aligned incentives. And you know, Opti and I and
• 16:45
  James, all of our senses are aligned essentially because yes,
• 16:49
  like we want number to go up. Yes, we want to talk about
• 16:51
  Bitcoin, you know, etcetera, etcetera.
• 16:55
  But you know, and and obviously you guys should buy Bitcoin.
• 17:00
  But again, if you buy Bitcoin, number goes up, number goes up
• 17:04
  for us, everybody wins. It's an aligned incentive
• 17:07
  structure system. It's in stark contrast with the
• 17:10
  Fiat system, which is a misaligned incentive structure
• 17:13
  system where there's a group of winners and then mostly everyone
• 17:17
  is losers. And I think, I think what
• 17:19
  Saylor, maybe, you know, purposely or not on purpose has
• 17:25
  run into is that like, holy shit, you know, there's a
• 17:28
  misalignment of incentives here. Anyways, Opti, what are your
• 17:31
  thoughts brother? Yeah, I think the first thing is
• 17:34
  kind of echoing what you guys were saying that first of all,
• 17:37
  you probably don't notice this if you aren't a Bitcoiner
• 17:40
  because you're probably looking at the traditional financial
• 17:43
  system and you're seeing like, Oh, my stock is hold on.
• 17:49
  You're, you're you're good, James.
• 17:51
  You're, you're probably looking at the financial system and
• 17:54
  you're looking at your stocks gain value.
• 17:56
  You know what he said? Basically, you'll gain 1020% a
• 17:59
  year, whatever. But when you really go into the
• 18:01
  plumbing, you realize that you're barely breaking even if
• 18:04
  that if if you're able to get more than 15% returns, you're
• 18:08
  probably, you know, just barely breaking even.
• 18:11
  And in reality, you are probably holding some toxic equity in a
• 18:16
  zombie company. And the other, the other metric
• 18:19
  that was really interesting was that the majority of companies
• 18:22
  in the S&P 500, which is, you know, kind of gauging the the
• 18:26
  health of Wall Street in the stock market, can't even
• 18:29
  outperform treasury bills. And we've all been seeing here,
• 18:33
  especially as a Bitcoiner, you, you look at T-bills now, because
• 18:36
  we all know that bond are essentially the risk free, you
• 18:39
  know, investment return here and most of the companies can't even
• 18:43
  outperform that. And here we are as Bitcoiners
• 18:46
  just kind of chilling and being like, all you really need to do
• 18:48
  is just buy some Bitcoin. And again, don't take it from
• 18:52
  us. Like someone yesterday said,
• 18:53
  like, oh, these financial gurus and T-shirts, like we're not
• 18:56
  financial gurus. All we understand is Bitcoin is
• 18:59
  better than everything else. And once you understand that
• 19:01
  simple idea, which is kind of a new idea and a lot of people
• 19:06
  have an issue with basically taking risk and wrapping their
• 19:10
  heads around a new idea. And there's a lot of takeaways
• 19:12
  that you can get from just those couple clips of Sailor one.
• 19:15
  Obviously the big, the big like 4% rule that basically 96% of
• 19:20
  all of Wall Street is not doing well.
• 19:23
  And it's really only the magnificent 7 that are that are
• 19:25
  dominating right now. And if you're not holding those
• 19:28
  stocks, you're being left behind.
• 19:30
  And then on the flip side, people are probably like, oh, I
• 19:33
  don't want to buy the big, you know, Mag 7 because everyone
• 19:36
  knows their names. It's probably not that much, you
• 19:38
  know, gain price exposure left in those and they're looking for
• 19:42
  alternative waves. And this is where things get
• 19:44
  complicated and people go into all kinds of financial trickery
• 19:47
  to try to outperform the stock market or outperform treasury
• 19:50
  bills. And sailors basically keep
• 19:52
  saying it's like all you have to do is literally buy Bitcoin.
• 19:56
  Or as he kind of said it, I did everything for my company.
• 19:59
  And I know there's a lot of people out there that are doing
• 20:01
  something similar. You know, they're trying new
• 20:03
  marketing strategies. They're trying to build new
• 20:05
  products. They're trying to get their
• 20:07
  product in the new era. Area and in reality, I'm not
• 20:10
  saying that everyone should just turn themselves into a Bitcoin
• 20:12
  treasury company, but what you need to do is have, you know, a
• 20:15
  decent company and then start saving in Bitcoin.
• 20:18
  And if you just save in Bitcoin, it's literally the simplest
• 20:22
  strategy possible. You will outperform everything
• 20:24
  else. And this is the main take away
• 20:26
  here. Like you don't have to
• 20:27
  complicate things. Bitcoin will outperform
• 20:29
  everything. All you have to do is take the
• 20:32
  risk or rather, you know, take the leap to understand Bitcoin.
• 20:35
  Take the leap to understand how to custody your Bitcoin and you
• 20:38
  will literally outperform the best traders on Wall Street.
• 20:41
  And you don't have to do anything.
• 20:43
  All you have to do is buy Bitcoin, store it and chill like
• 20:46
  stack sats and chill is literally the winning strategy.
• 20:49
  But it's just not as sexy as being like a Wall Street trader
• 20:53
  with all your, you know, 12 screens and, you know, picking
• 20:56
  the hot new stock and being in earning calls and all that
• 20:59
  stuff. And it's just like just stack
• 21:01
  Bitcoin every week or every month or every two weeks,
• 21:04
  whatever works for you. It's literally the winning
• 21:06
  strategy. Let's not forget that the way
• 21:08
  Sailor 100 exes company was literally just buying Bitcoin.
• 21:12
  So you know, if you don't have capital stuck in Wall Street or
• 21:16
  in a trading account or 401K etcetera.
• 21:19
  And, and you actually just have the cash.
• 21:21
  You should probably follow his strategy, which is literally
• 21:24
  just buy Bitcoin. Just keep buying Bitcoin.
• 21:27
  This is how you win. But it is very interesting, Like
• 21:30
  the data that he put out there, most people probably don't
• 21:33
  understand that idea that, hey, only 4% of the stock market is
• 21:38
  actually winning right now. So all your other stocks are
• 21:40
  probably trash. And I know people don't like to
• 21:43
  hear that because everyone has a sunk cost fallacy.
• 21:45
  And they're like, no, this one's going to pop, man.
• 21:47
  It's getting 20% a year. And it's like, yeah, yeah,
• 21:49
  that's cool. You know what's bitcoins Kegger.
• 21:51
  Right now? It's like 55% even on down
• 21:54
  years. It's like it's literally the
• 21:55
  simplest strategy. Just follow what Saylor does and
• 21:58
  buy Bitcoin for yourself, for your company, for your grandma,
• 22:02
  whoever it is that needs to store their wealth.
• 22:04
  This is the only way to win right now.
• 22:07
  Considering we are seeing that. I don't know if you guys saw,
• 22:10
  but it looks like QE, or rather not QE is back on the table.
• 22:14
  So it looks like the money printer is about to continue to
• 22:17
  ramp up. Looks like inflation probably
• 22:20
  going to get higher. The only way to protect yourself
• 22:22
  is holding something that they cannot debase.
• 22:25
  And of course that is Bitcoin. And you know, hopefully this
• 22:28
  video gets in front of a lot of people that aren't necessarily
• 22:31
  Bitcoiners. And the right now they're
• 22:32
  freaking out and they're like, oh, these bitcoiners, they're
• 22:34
  trying to get me to buy a scam. And, and I think now is the
• 22:38
  least risky time to be buying Bitcoin considering all the mega
• 22:41
  news we've heard around Bitcoin. This is the time to be buying.
• 22:45
  Right now is when you should be buying Bitcoin.
• 22:47
  You're going to look back at this time and be like, damn, I
• 22:49
  should have listened to those idiots and T-shirts and hoodies
• 22:52
  on on on YouTube with 45 Iqs that understand the traditional
• 22:56
  financial system better than my Charles Schwab guy in a suit.
• 22:59
  It's so simple. I.
• 23:00
  Mean technically, the Charles Schwab announced that they are
• 23:04
  adding. Yeah, so they'll buy it.
• 23:06
  They'll buy a 250K, they'll buy they'll miss out of what 2X
• 23:09
  games from here and be like damn I could have tripled my my my
• 23:14
  wealth if I just listen to these idiots on YouTube.
• 23:17
  But hey, you know what it? Is oh man guys, well, it's going
• 23:20
  to be an incredible show. We have so much to unpack today
• 23:23
  starting off strong, covering a little bit of what was happening
• 23:26
  at strategy world yesterday. I believe today is day 2 of
• 23:31
  strategy world and Bitcoin for corporations.
• 23:33
  So very interesting stuff guys. I've ran into a really cool post
• 23:39
  by someone that goes by the name of Smithson with on X and he has
• 23:47
  a a Smitty's Bitcoin Retirement Guide ebook edition and I
• 23:52
  thought it was a really fascinating thread.
• 23:54
  I found so much value out of it. We're going to cover that.
• 23:58
  Then also breaking news, this is the block.
• 24:02
  The headline is Russia seen as the largest Bitcoin mining
• 24:06
  beneficiary. If Trump's hit, if Trump's
• 24:10
  tariffs hit in full. Now, what's really interesting
• 24:13
  about that, again, is the game theory, right?
• 24:16
  Something that we've been talking a lot about on simply
• 24:18
  Bitcoin. What is the game theory?
• 24:20
  The game theory is simple. You know, if a company, if a
• 24:24
  country bans Bitcoin or a country becomes hostile towards
• 24:28
  Bitcoin, or if a country does something stupid, you know,
• 24:31
  politically, whatever, it creates an opportunity for
• 24:34
  another jurisdiction to step in and say, hey, you know what,
• 24:37
  we'll take your hash rate. You know, what if if it becomes
• 24:41
  expensive to ship miners into United States because of the
• 24:45
  tariffs, we're just going to go to another jurisdiction where
• 24:48
  it's cheaper. That's exactly what we saw
• 24:51
  during the China mining ban. The hash rate plummeted by 50%
• 24:55
  when the CCP banned Bitcoin mining within their borders
• 24:58
  within nine months that not only did the hash rate recover, the
• 25:02
  price recovered as well, right? Also Florida, unfortunately, you
• 25:06
  know, sorry, I apologize on behalf of my state.
• 25:09
  Florida withdraws strategic Bitcoin reserve bills from
• 25:12
  consideration. However, breaking news, we
• 25:15
  covered this yesterday when Frank came on the show, which
• 25:18
  was absolutely massive. The state of New Hampshire has
• 25:23
  officially become the first US state that has codified it into
• 25:28
  law that they're going to it's, it's a, it's legal for the state
• 25:32
  of New Hampshire to have a strategic Bitcoin reserve.
• 25:36
  The governor signed the bills officially into law.
• 25:39
  Big loss for the state of Arizona.
• 25:41
  It was on the governor's desk and Governor Katie Hobbs of
• 25:45
  Arizona vetoed the bill. So progress on the state level,
• 25:49
  progress on the federal level, exciting stuff.
• 25:52
  And then of course, our special guest today, the legend, the
• 25:55
  man, the myth himself. We got James from stamp seed in
• 25:59
  the House and we're going to be talking about some new
• 26:03
  interesting things coming out of stamp seed guys.
• 26:06
  They now have custom titanium seed plate, but James reached
• 26:12
  out to me yesterday. It was like Nico, what should I
• 26:14
  put on this on this on on this custom titanium?
• 26:17
  I I couldn't come up with anything because James already
• 26:20
  sent us the simply Bitcoin when I'm like, what do I what do I
• 26:23
  put on this seed plate? It's custom.
• 26:25
  I can put anything on this seed plate now like this is crazy.
• 26:28
  So we're going to be talking about all that, but James has it
• 26:30
  in his hand that's it James I just I just came up with the
• 26:33
  idea it's the new simply Bitcoin logo there we go boom boom
• 26:39
  anyways, guys, it's going to be a great show.
• 26:40
  It's going to be a great show smash that like button before we
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  the numbers. We have tons to talk about.
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  Paper sucks. You want to literally stamp your
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  Your words are actually stamped into the metal plate with this
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  proof, all things that paper is not allowing you to huddle your
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  they crushed, they put in water, they put a blowtorch to it.
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  And as you can see, the words have survived.
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  properly. Don't write down your seed
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  phrase on paper. Stamp it into titanium and the
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  stamp seed kit will enable you to do that.
• 30:23
  And for anyone who's confused, yes it is.
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  The kit is for you to do it and the privacy of your own home.
• 30:30
  They don't actually stamp the seed for you, so you do that.
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  This is do it yourself and you only have to buy the kit once
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  you could buy as many plates you can start collecting plates
• 30:40
  there's like different types of plates.
• 30:41
  It's pretty cool definitely awesome.
• 30:43
  Anyways, at the time of recording the Bitcoin price is
• 30:46
  96,770. We hit 97 K this morning.
• 30:50
  That was really nice, but 100 Ki think soon.
• 30:54
  I think soon. I think it's going to happen
• 30:55
  soon. If not, I blame Opti Block
• 30:57
  height 895,681 market cap 1.92 trillion sats per dollar 1033
• 31:06
  Bitcoin versus gold market cap 8.04% percentage issued 94.57%
• 31:12
  decline from all time high. If you buy Bitcoin right now,
• 31:14
  you're getting it at 11.3% discount and my favorite stat
• 31:18
  out of all this, the .84% inflation rate.
• 31:22
  Continuing to take Fiat currencies to absolute school.
• 31:24
  All right everybody, so I ran into this thread.
• 31:26
  I want to talk about it. I know you guys will absolutely
• 31:29
  love it and appreciate it. It is called Smitty's Bitcoin
• 31:33
  Retirement Guide ebook edition only here on X.
• 31:37
  The wait is over. You're going to want to bookmark
• 31:40
  this. I'm going to drop this in the
• 31:42
  video thread on on YouTube and on Rumble so you guys could
• 31:49
  check it out yourself. It is a lot of fun and
• 31:52
  essentially what he says without detailing the exact instructions
• 31:56
  on how to use the guide. This time around I will explain
• 31:59
  the important changes and from there please engage, share and
• 32:03
  enjoy. Updated model.
• 32:05
  This is a critical solution and I'll explain why.
• 32:08
  Rather than using the median 50th quantile power regression
• 32:12
  model as was used in the previous versions, Smitty's
• 32:17
  ebook uses the 5th quantile. Why statistically.
• 32:20
  Theoretically, this ensures that 95% of the time the desired
• 32:25
  annual withdrawal rate living slash spending cost will not
• 32:29
  need to be down adjusted due to volatility, because by
• 32:33
  definition only 5% of the price falls below this support line.
• 32:37
  See my other models. Therefore, you should only
• 32:39
  expect to need to to down adjust roughly once in 20 years.
• 32:44
  This makes this ebook version more conservative while
• 32:48
  maintaining realism and clearly attainability of stacking
• 32:52
  targets. It goes on to say I'm only
• 32:55
  posting these to X for now, but since in the past there has been
• 32:59
  so much positive engagement, I wanted to keep the overall brand
• 33:02
  while enhancing the styling so that it feels like an easy mini
• 33:06
  reader for folks comparing spending slash stacking
• 33:09
  scenarios for retirement. It also has high DPI now with
• 33:14
  nice borders, headers, slash footers, even page numbers.
• 33:18
  Feel free to print out and make a physical copy or choose your
• 33:21
  favorite scenario. It goes on to say table
• 33:25
  addition. I've been meaning to include
• 33:27
  this change for a while. Not all of us are graphic slash
• 33:30
  visually inclined, and indeed many of us are table slash
• 33:33
  spreadsheet inclined. Therefore, below the graphs I
• 33:36
  added easy to read. Look up tables which exactly map
• 33:40
  to the retirement years and current age from the graphs.
• 33:44
  As always, the key assumptions in the guide.
• 33:46
  To remember one, assume 7% annual inflation rate going
• 33:51
  forward. 2 taxes not accounted for tax policy is too variable
• 33:56
  and too liable to change in any given year Three, you're living
• 34:00
  to 100 or at least planning your conservative BTC spend down plan
• 34:05
  out to that age. So as always, flip through the
• 34:08
  replies in this thread and enjoy the new tool.
• 34:11
  So it goes on to say quote helping you develop a better
• 34:15
  Bitcoin stacking target for life planning.
• 34:18
  So the first one is 50K. So how much do you need, How
• 34:24
  much Bitcoin do you need to retire by age if you want to
• 34:29
  withdraw $50,000 a year until you're 100 years old, right?
• 34:35
  And it breaks it down by age. So if you're age 5 and you want
• 34:40
  to withdraw 50 KA year for the net until you're 100, so 95
• 34:46
  years, you would need 5.48 Bitcoin and.
• 34:50
  However, can you zoom in a little bit?
• 34:52
  Yeah, absolutely. So and we're going to and we're,
• 34:56
  this is going to, we're going to spend a little bit of time on
• 34:59
  this one because there's a, there's a lot of breakdowns.
• 35:01
  So what about age 15? So at 2025, if you want us to
• 35:07
  take out 50 KA year from the age 15 until the age 100, right, you
• 35:12
  would need 5.42 Bitcoin. What about age?
• 35:18
  Let's focus on the demographics of this show.
• 35:20
  Age 35 to 55. So if you're 35 years old and
• 35:24
  you want to withdraw 50 KA year starting from 2025 until you're
• 35:28
  100 years old, you would need 5.3 Bitcoin.
• 35:32
  If you're age 55, you would need 5.16 Bitcoin if you want to
• 35:38
  start withdrawing until you're 100.
• 35:40
  However, I know I know what a lot of you guys are saying,
• 35:43
  especially if you guys are part of the new classes.
• 35:46
  It's a lot of Bitcoin. I don't have that type of
• 35:47
  Bitcoin. What are you talking about Nico?
• 35:48
  You're making me feel bad. It gets better because by the
• 35:52
  year 2035 S exactly 10 years from now, check this out.
• 35:56
  If between the ages of 35 and 55, you would need roughly 1.2
• 36:03
  to 1.07 Bitcoin if you want to withdraw 50 KA year until you're
• 36:10
  100 years old, just one Bitcoin. Now what if you want to withdraw
• 36:15
  100 KA year, right? And it changes the numbers.
• 36:18
  So let's focus on the demographics of this show.
• 36:21
  Age 35 to 55. If you want to take out $100,000
• 36:26
  a year from age 35 to 100, you would need and not run out of
• 36:31
  money. And again, this is very
• 36:33
  conservative. You would need 10.6 Bitcoin.
• 36:37
  If you're age 55, you would need 10.33 Bitcoin.
• 36:41
  That's this year. How about the year 2035?
• 36:44
  Well, in 2035, ten years from now, you would need 2.4 Bitcoin.
• 36:49
  And if you're 55, you need 2.14 Bitcoin.
• 36:52
  Now it gets even better as time progresses.
• 36:55
  What about the year 2045? Well, you would only need 1.07
• 37:01
  Bitcoin if you're 35 and you would need .81 Bitcoin if you're
• 37:07
  55 and it just gets you know, the the quantities just get
• 37:12
  smaller and smaller as time goes by, right?
• 37:15
  If you want to live the big baller lifestyle, I'm going to
• 37:17
  end it at at this one and you want to withdraw because it goes
• 37:21
  by the by by numbers. And I highly suggest you guys go
• 37:24
  through this SO250K year 300K year 350 K400 K450K.
• 37:29
  But you want to, you want to live like Michael Saylor, you
• 37:31
  want to, you want to spend $1 million a year.
• 37:35
  So you would need roughly at age 35105 Bitcoin if you want to
• 37:40
  start living that big baller lifestyle at, at the in the year
• 37:44
  2025 and you want to withdraw $1 million a year and not run out
• 37:49
  of essentially money by the time you turn 100.
• 37:52
  If you're age 55, you need 103 Bitcoin.
• 37:56
  However, by the year 2035, look at how much these things change.
• 38:00
  You would only need 24 Bitcoin, 24 Bitcoin if you're age 35 and
• 38:06
  you want to withdraw $1 million for the rest of your life until
• 38:09
  you until the age of 100. If you're 55, you would need
• 38:13
  even less. You need 21 Bitcoin 10 years
• 38:17
  from now, and if you want to wait till the year 2045, it gets
• 38:20
  even smaller than that. 10.75 Bitcoin, 10.75 Bitcoin year
• 38:27
  212045. You'd be able to withdraw $1
• 38:31
  million a year. I thought this was absolutely
• 38:33
  fascinating, really, really interesting.
• 38:35
  And it breaks it down by income. SO50 KA year 100 KA year 150 KA
• 38:41
  year 200 KA year 200 KA year 250 KA year 300 KA year 350 KA year
• 38:46
  400K. And it breaks it down by age.
• 38:48
  It even goes to age 5 and it goes all the way up to age 75
• 38:52
  and it just breaks it down. Really, really interesting.
• 38:56
  Like I said, I put it in the live chat.
• 38:58
  I'm going to put it in the video description as well for you guys
• 39:01
  so you guys could tap into it. You guys could plug it in, you
• 39:04
  know, depending on your financial situation.
• 39:08
  But anyways I want to get James thoughts on this and and then
• 39:13
  opties. Yeah, man, I think that's
• 39:16
  awesome. It kind of reminds me of those
• 39:18
  days, like looking at the four O 1K with the safe harbor plans,
• 39:21
  with the target retirement ages that they always put up there.
• 39:24
  You know, how much you would have to invest to get, you know,
• 39:26
  $800 a week when you retire, whatever, like the low amounts
• 39:29
  are. So it's kind of cool to look at
• 39:31
  it this way and project, you know, what you could be making
• 39:35
  monthly, weekly, annually based on that retirement age.
• 39:39
  It's pretty cool and it seems like, I mean it's, it's, you
• 39:43
  know, if you look at a conservative like level of it,
• 39:45
  it's very attainable. I mean for less than one
• 39:47
  Bitcoin, if you plan on retiring in the other next 20 years, you
• 39:50
  could pull out 50,000 a year and have that as you know, if if
• 39:53
  you've been very bearish lately or late to Bitcoin, like still
• 39:56
  works very well and you know like.
• 40:01
  Not to be like morbid, but most people aren't living to 100,
• 40:03
  right? So like it would probably be
• 40:05
  even easier to acquire that, you know, 50,000 a year, maybe you
• 40:09
  do 75,000 a year because you're, you know, going to lift to 75 or
• 40:12
  85 or something like that. So it's pretty interesting way
• 40:16
  to look at things as Bitcoiners, we always think of the future
• 40:18
  and look into the future. So it's nice to have something
• 40:22
  here that you kind of use as a worksheet and play around with
• 40:24
  the what ifs and what should I be acquiring on a daily basis to
• 40:29
  retire at this age? It's a very good worksheet that,
• 40:31
  you know, old Bitcoiners should have, especially, you know, new
• 40:34
  people coming in who are looking for a different retirement plan
• 40:37
  other than a four O 1K or, you know, trying to keep up with the
• 40:42
  day trader of the world, you know, So yeah, pretty cool.
• 40:46
  And at the end of the day, right, you're holding Bitcoin
• 40:48
  for this long. Make sure you have your, you
• 40:50
  know, private keys and self custody.
• 40:52
  You're stamping your seat phrase into titanium, so it's there.
• 40:55
  It'll be able to last longer than 100 years.
• 40:57
  So you want to make sure you have your Bitcoin there with
• 40:59
  you. Yeah.
• 41:01
  Really fascinating chart here. I'm going to bookmark this one.
• 41:05
  Thanks sweetie. Yeah, it, it's, it's super cool.
• 41:08
  I love, I love how he put it together.
• 41:11
  I I want to ask Opti, Opti what what what do you think, dude?
• 41:16
  What do you think about all those numbers?
• 41:18
  It, it, it's it, you know, initially 2020 like let's let's
• 41:22
  stick to the the 100K right, like the 100 KA year, you know,
• 41:27
  again, like especially guys, if you, you just got into Bitcoin,
• 41:31
  the lot this, you know, the last couple of years, you know, 10
• 41:34
  bitcoins extremely unattainable for 99% of people.
• 41:39
  It looks depressing, right? But as time goes by, it's not
• 41:43
  doesn't look depressing at all, right?
• 41:46
  By the year 20502045, you'll need literally you'll need at
• 41:51
  least one Bitcoin and you could be able to pull out $100,000 a
• 41:55
  year. And this is adjusted for
• 41:57
  inflation, by the way. So this is taking to account 7%
• 42:01
  inflation. Someone in the chat says this
• 42:03
  doesn't account for hyper bitcoinization.
• 42:06
  Who wants to withdraw Fiat? This is very, very true, very,
• 42:09
  very astute comment. Thomas Martinez says, yo, let's
• 42:13
  all retire anyways, Opti. What are your thoughts on this
• 42:17
  brother? Well, first of all, I, I feel
• 42:20
  like I have to do my PSA every time about retirement just
• 42:23
  because I fundamentally don't really believe in retirement.
• 42:26
  I, I do get the idea of, you know, when you get older, you
• 42:29
  probably don't want to be working like, you know, a dead
• 42:31
  end job or working at McDonald's.
• 42:33
  But I'm reminded of this quote that my friend has on this piece
• 42:36
  of art at his house and it says it's now Albert Camus Camus
• 42:41
  quote, Albert Camus quote. And it says one must imagine
• 42:45
  Sisyphus happy. And I absolutely love that, that
• 42:48
  when I first heard it and essentially for those people
• 42:51
  that don't assist the guy that pushed the rock up the hill.
• 42:53
  And it kind of goes into like, it's the journey and the
• 42:55
  process. And again, I've said this
• 42:57
  multiple times on the show about retirement that a lot of my
• 43:00
  dad's friends, when they retire, I've seen them go downhill very
• 43:03
  quickly. So you want to be doing
• 43:05
  something. And I, I'm, but when I, when we
• 43:07
  do talk about this retirement thing and it's a, it's a huge
• 43:09
  trend, not even just in Bitcoin, but in just like financial
• 43:13
  social media, you know, financial content.
• 43:15
  It's just this idea of like quitting your job and doing
• 43:18
  something that you don't like so you can focus on something you
• 43:20
  do like. And so in in that spirit, I
• 43:24
  really do like this new data here, this new graph.
• 43:27
  And I wonder if there's like a way that people can kind of use
• 43:30
  that chart and type in their own things, like if it's open source
• 43:33
  or whatever, like that would be pretty cool.
• 43:35
  So people can type in their own things.
• 43:37
  But the point remains the same. We've done multiple different
• 43:40
  ways of trying to calculate how much Bitcoin you actually need
• 43:44
  to, you know, quote, UN quote retire or what are some good
• 43:46
  attainable stacking goals here Because we we all know like the
• 43:51
  name of the game is trying to accumulate as much Bitcoin as
• 43:53
  humanly possible. Like you want to try to always
• 43:56
  get as much Bitcoin as possible. That's always the MO.
• 43:59
  Just try to get as much. We are playing Pac-Man, we're
• 44:01
  playing hungry Hippo. You want to set up your life in
• 44:04
  a way where you can acquire or rather save in Bitcoin for as
• 44:07
  long as humanly possible. And that usually means having a
• 44:10
  business with some kind of cash flow or having a job that pays
• 44:13
  you well, having a skill so that you can always continue to save
• 44:17
  in Bitcoin. But we've used a bunch of
• 44:21
  different calculators and of course, none of us know where
• 44:24
  the Bitcoin price is going. We don't really have an idea.
• 44:27
  All we know it's going up and to the right.
• 44:28
  And you can kind of just base you how much Bitcoin you need on
• 44:32
  the past and the games we've seen and kind of hypotheticals
• 44:35
  of what we think it's going. But I do like this new graph
• 44:39
  here because it does show something and it's something
• 44:41
  I've been saying on the show a lot when we do these how much
• 44:44
  Bitcoin do you need to retire videos.
• 44:47
  And when we first started, Nico, I think it was like 100 or 21 or
• 44:51
  whatever it was. I, I forget what the number, but
• 44:53
  it was multiple. It was double digits minimum
• 44:56
  Bitcoin that you need to retire. And now with this new data, it
• 45:00
  shows you what I've been saying forever.
• 45:03
  You don't need as much Bitcoin probably as you think you do to
• 45:06
  retire in the future. Obviously it is dependent on
• 45:09
  what you, what kind of life you want to live.
• 45:11
  But I'm, I'm just fundamentally convinced that if Bitcoin does
• 45:14
  what we think it does, Bitcoin is barely under 2.
• 45:18
  You know, it's right under $2 trillion market cap.
• 45:20
  If we kind of, you know, factor everything in and we, you know,
• 45:25
  guesstimate of where we think the total market cap of Bitcoin
• 45:28
  is going in our lifetime, you can say that it's going to, you
• 45:32
  know, multiple hundreds of trillion dollars for market cap.
• 45:35
  SO100X, maybe you can say 250X etcetera.
• 45:39
  Like Bitcoin is going for the total pie here.
• 45:42
  And with that in mind, it just shows you that you probably need
• 45:46
  less Bitcoin than you want. Of course, this isn't like
• 45:50
  telling you to be complacent and not stacking as much Bitcoin as
• 45:53
  possible. It just goes to show that if
• 45:56
  Bitcoin, or rather when Bitcoin becomes the global money, the
• 46:01
  the one true money, the perfect money that everyone in the world
• 46:04
  taps into and uses as a medium of exchange, a unit of account
• 46:08
  and store value. The Bitcoin you hold today will
• 46:11
  be an incredible amount of wealth moving forward.
• 46:15
  And you probably need less Bitcoin than than the number you
• 46:18
  have in your mind. And so, so you know, when I
• 46:21
  first got into Bitcoin, it was the 1,000,000 club.
• 46:23
  Everyone's like get to 21 Bitcoin.
• 46:25
  And then our boy American Huddle came out and said, you know, get
• 46:28
  6.15. And as these new eras come
• 46:31
  around and the number, the price per Bitcoin goes higher, you're
• 46:35
  starting to see that the amount that people perceive to be
• 46:39
  attainable just drops drastically.
• 46:42
  And I think this is the take away here that just acquire as
• 46:46
  much Bitcoin as you can. Do not feel like you should feel
• 46:49
  ashamed of how much Bitcoin you have because you're already
• 46:52
  ahead of the game. As long as you are saving in
• 46:54
  Bitcoin, I'm convinced you're going to be good moving forward.
• 46:58
  So just keep stacking. Maybe you know retirement or or
• 47:02
  you know, living by the beach or whatever your your white picket
• 47:05
  dream fence you know dreams are. I think it's attainable, but
• 47:10
  only if you're saving in Bitcoin.
• 47:12
  Only if you understand what Bitcoin is.
• 47:14
  Only if you understand how to store it long term.
• 47:17
  The point remains the same as long as you're saving in
• 47:20
  Bitcoin, you'll probably need less Bitcoin than you imagined
• 47:24
  today. And that's kind of falling back
• 47:27
  into like we, we overestimate what happens in two years and we
• 47:30
  underestimate what happens in 10 years.
• 47:32
  I'm convinced in 10 years bitcoins going to be huge in
• 47:35
  terms of market cap. And I'm sure if everyone just
• 47:38
  double s down, grinds it out, you're going to be living a good
• 47:42
  life. Now this is a good chart.
• 47:43
  I I like this new, this new data here because it does make this
• 47:47
  seem a lot more attainable than just being like, Oh yeah, based
• 47:50
  on these old charts, you need like 100 Bitcoin, bro, or you're
• 47:52
  going to be a brokie for the rest of your life.
• 47:54
  And this one's like, you know, get a couple coins, You'll be
• 47:57
  all right, you know, like get half a coin.
• 47:59
  You'll probably be all right by the time you're 50 or the time
• 48:02
  you hit your, you know, the official retirement age.
• 48:04
  Like, you probably need less Bitcoin than we even imagined.
• 48:08
  But you know, play Pac-Man, acquire as much Bitcoin as
• 48:11
  possible. We are playing Sonic the
• 48:13
  Hedgehog here. You know, get as much Bitcoin as
• 48:15
  possible. Absolutely right.
• 48:17
  Do you want to give a shout out to the live stream Broke a 500
• 48:20
  live viewers on YouTube. Smash the like button if you
• 48:23
  guys are enjoying the show 70 live viewers on Rumble and
• 48:27
  roughly 1300 of you guys watching live on X.
• 48:30
  If you guys are enjoying the show so far, smash that like
• 48:33
  button. Head over to stampse-ed.com
• 48:35
  today. Get yourself a stamp seed kit.
• 48:37
  Use promo code simply 15% off store your generation of wealth
• 48:41
  properly. Guys, we still have lots to
• 48:44
  uncover, lots to cover and uncover on the new segment.
• 48:48
  We're going to be talking about Russia, the tariffs, mining,
• 48:52
  we're talking about Florida. Come on, Florida, what's
• 48:54
  happening might have to move to New Hampshire.
• 48:56
  I don't think so, but it seems like New Hampshire is is 1st to
• 49:02
  1st to it with passing a strategic Bitcoin reserve bill.
• 49:06
  The state of New Hampshire, Florida seems like it just
• 49:09
  doesn't not into it, not into it.
• 49:11
  And then during the culture segment, we're going to be
• 49:13
  talking about the stamp seed kit.
• 49:15
  So ladies and gentlemen, we will be right back in just a second.
• 49:19
  I want to give a shout out to our sponsor, Casa.
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• 51:23
  All right everybody, we are back and Opti is holding the cold
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  card queue in his hand. It's it's absolutely it's
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  gorgeous, it's beautiful, it's the best harder wallet in the
• 51:37
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• 51:42
  And you could also go check out the MK4.
• 51:45
  But it doesn't matter what hardware wallet you use, because
• 51:49
  if you don't store your seed phrase properly, it doesn't
• 51:52
  matter because if you use your hardware wallet, you won't be
• 51:54
  able to recover it. Which is why you should get
• 51:57
  yourself a stamp seed kit ASMR. Cringe, super cringe.
• 52:03
  Oh, look, look, I'm Alfalfa anyways, All right, everybody.
• 52:07
  So let's talk about, I think we're, let's talk about Florida
• 52:13
  1st. And I don't know what's going on
• 52:15
  with Florida, but Florida withdraws strategic Bitcoin
• 52:19
  Reserve bills from consideration.
• 52:22
  Florida has withdrawn 2 bills related to the creation of a
• 52:25
  state level strategic Bitcoin Reserve.
• 52:28
  House Bill 487 and Senate Bill 550 have been indefinitely
• 52:32
  postponed and withdrawn from consideration.
• 52:36
  Florida joins numerous other states such as Wyoming, PA, and
• 52:40
  Oklahoma, which have seen bills related to BTC investments fail
• 52:43
  to clear the legislative process.
• 52:46
  Florida has withdrawn 2 bills related to the creation of a
• 52:48
  state level strategic Bitcoin Reserve.
• 52:51
  Bill 487 and Senate Bill 550 have been indefinitely postponed
• 52:55
  and withdraw from consideration, according to the state Senate
• 52:58
  website. The two bills, which were both
• 53:00
  filled in filed in February, sought to allow investment of
• 53:05
  public funds in BTC. Florida joins numerous.
• 53:08
  I already said that part, but you guys get the get the gist of
• 53:11
  it. The most advanced state level
• 53:13
  process to establish a BTC reserve bill was Arizona, but
• 53:17
  Governor Katie Hobbs vetoed it. But breaking news, we broke it
• 53:20
  on yesterday's show. The state of New Hampshire has
• 53:25
  codified it into law. Moving on to Russia and then I
• 53:28
  want to get Opti and James thoughts on this.
• 53:30
  Russia seen as largest Bitcoin mining beneficiary if Trump
• 53:35
  Trump's tariffs hit in full, industry experts says He goes on
• 53:40
  to say despite President Trump's embrace of crypto and desire to
• 53:44
  make the USA. Quote Bitcoin mining powerhouse
• 53:48
  companies in the industry have been rushing to adjust their
• 53:50
  short and long term plans in an attempt to weather the impact of
• 53:54
  the president's tariff policies, with Russia potentially the main
• 53:58
  beneficiary. Trump's tariff announcement hit
• 54:01
  both traditional and crypto markets hard between February
• 54:05
  and early April, especially following quote Liberation Day
• 54:09
  when he laid out reciprocal import import tariffs with a
• 54:12
  baseline of 10% and more than 50% In such cases.
• 54:17
  However, a 90%. A 90 day tariff pause for most
• 54:21
  countries except China subsequently offered some relief
• 54:25
  that has continued into May. The trouble is most Bitcoin
• 54:29
  mining hardware is still designed outside of the US.
• 54:32
  The industry has long been dominated by Ant Miner, a
• 54:36
  product line of China based bit Maine with over 80% of market
• 54:40
  share. Therefore, raising import
• 54:42
  tariffs on the required equipment severely impacts the
• 54:45
  industry's bottom line and the share of prices of publicly
• 54:49
  listed Bitcoin mining firms in the country.
• 54:52
  The current environment is perhaps exemplified by riot
• 54:56
  platforms selling Bitcoin for the first time in 15 months this
• 54:59
  April to help finance operations, a break from its
• 55:03
  typical huddle strategy and rising costs.
• 55:06
  It goes on to say, quote, as of today, we are facing a a 12.6%
• 55:11
  tariff from units shipping from Asia to the US.
• 55:15
  Quote, we expected this to increase in July from 26 to 38%
• 55:19
  depending on the country of origin.
• 55:21
  There is, of course, a chance that these tariffs are
• 55:24
  renegotiated ahead of the 90 day pause.
• 55:28
  I mean, this is the awesome part of Bitcoin, right?
• 55:32
  Even with orange man President Trump going in there and having
• 55:38
  these, these tariffs that could potentially affect the Bitcoin
• 55:42
  mining industry, it, it just creates an opportunity for a
• 55:46
  more favorable jurisdiction and Russia swooping in and saying,
• 55:50
  hey, you know what, if you're making it difficult for miners
• 55:53
  there, you know, we'll take your business and you know, we'll
• 55:56
  enrich the Russian people or the country of Russia, right?
• 56:00
  You know, the, the same thing happened with the China mining
• 56:02
  ban, the infamous China mining ban.
• 56:05
  The CCP banned Bitcoin mining within their borders. 80% of the
• 56:09
  hash rate was there at the time. The hash rate dropped by like
• 56:13
  5060% and all that hash moved to the United States and moved to
• 56:18
  Kazakhstan and moved to more favorable jurisdictions and it
• 56:22
  decentralized the Bitcoin hash rate in the process.
• 56:25
  I'm not a big fan of all this hash rate located in one country
• 56:30
  located in the US. This is actually a question that
• 56:32
  Frank asked Howard Lupnik, Secretary of Commerce, when he
• 56:38
  did his interview with him at the White House.
• 56:41
  And, you know, and this is a this is a concern like you as a
• 56:45
  Bitcoiner, you want the hash rate decentralized, right?
• 56:48
  But it's it's very fascinating to see the game theory play out,
• 56:52
  right? If one country, you know,
• 56:54
  figuratively shits the bed from a regulatory perspective, you
• 56:59
  know, from a commerce perspective, that creates the
• 57:01
  opportunity for another country to swoop in and say, hey, you
• 57:04
  know what? Bitcoin miners will take your
• 57:06
  business, bro. And it seems like Russia, which
• 57:09
  has a tremendous amount of energy, is saying, hey, you know
• 57:14
  what, we might benefit from this, right?
• 57:16
  Even China might look at this as an opportunity.
• 57:19
  I'm, I'm, I'm saying that even China might see this as an
• 57:22
  opportunity to potentially attract Bitcoin miners back to
• 57:25
  China, you know, since they shot the bed so hard.
• 57:29
  Anyways, Opti, you want to get your thoughts then James, and
• 57:31
  then move on to the culture segment.
• 57:33
  Talk about stamp. Seed.
• 57:35
  Yeah, well, obviously as much as I like the rhetoric of like make
• 57:41
  Bitcoin in America, like I just think it's funny.
• 57:43
  I I think I have a hat over here.
• 57:44
  Hold on. Yeah, yeah, yeah, I have the the
• 57:48
  sense amount, you know, make Bitcoin in America hat.
• 57:51
  Like it's just funny to me. You know, we have the the
• 57:54
  Bitcoin Magazine, I forget what their hats were, but Made in
• 57:59
  America Bitcoin or something, something like that.
• 58:01
  Make Bitcoin great again. Yeah, Oh yeah, they have that it
• 58:03
  don't really. Make sense?
• 58:06
  Like as much as I like the rhetoric and it's just funny to
• 58:10
  me. Like I it's just kind of like a
• 58:11
  a mega troll. I agree with Nico and saying the
• 58:16
  idea of like having or even we kind of talked about it
• 58:19
  yesterday with Frank about Howard Lightnick going out here
• 58:22
  and saying like we want to mine all of the Bitcoin.
• 58:24
  You know, we want to incentivize that the Bitcoin mining industry
• 58:28
  in America is one of the biggest ones in the world.
• 58:30
  And we had Trump go out there and be like, you know, we're
• 58:32
  going to mine all of the Bitcoin left in America.
• 58:35
  You know, as much as this is just like funny sound bites and
• 58:38
  it's just incredible that we've gotten to this point where the
• 58:40
  politicians are talking about it.
• 58:42
  I want to see the hash rate as decentralized as possible and
• 58:46
  every jurisdiction is possible because that makes Bitcoin anti
• 58:49
  fragile and not susceptible to anyone jurisdiction.
• 58:52
  So look, as much as I'm just as confused as anyone, what's going
• 58:57
  on with all these tariffs? Sometimes they're on, sometimes
• 58:59
  they're off. You know, like there's a 90 day
• 59:01
  pause on some people and now you there was like a 246% tariff on
• 59:07
  China and now they're in trade talks.
• 59:10
  No one has really any idea. I'm sure even the Trump
• 59:13
  administration has no idea what they're going to be doing with
• 59:15
  these tariffs. But we are seeing, and I have
• 59:17
  been talking with some Bitcoiner miners and you guys seen it on
• 59:20
  the show as well. There are, you know, a lot of
• 59:23
  concerns in the supply chains of getting ASICS into the US.
• 59:27
  And so this is the geopolitical game theory playing out in real
• 59:31
  time that, hey, if the US does something like these tariffs and
• 59:36
  trade wars and it hurts Bitcoin miners to get six in the US
• 59:40
  because it costs more, other jurisdictions are going to scoop
• 59:43
  those up. And so is this a bad thing, a
• 59:46
  good thing? It depends who you're asking.
• 59:48
  I think if you're asking the Trump administration, they'll
• 59:50
  say this is a bad thing. I think if you ask, you know,
• 59:53
  anyone else that's maybe a little farther on the left of
• 59:56
  that spectrum, they probably have no clue what we're even
• 59:58
  talking about. But if you're asking Bitcoiners,
• 1:00:01
  I'm like, this is kind of a good thing.
• 1:00:03
  You know, maybe you're anti Russia here and you you don't
• 1:00:07
  like them, but this is what happened.
• 1:00:09
  When jurisdictions don't treat trade favorably and they add
• 1:00:14
  tariffs and they block stuff coming from China, you know,
• 1:00:18
  ASICS are going to get distributed around the world.
• 1:00:20
  And I'm kind of all for that. So, you know, on that note, this
• 1:00:23
  might be a good thing. I, I really have no input on
• 1:00:27
  like Russia in general because I'm, I'm not Russian.
• 1:00:30
  I don't know anyone out there. It's hard to get information on
• 1:00:32
  what's actually happening there. But if this is the case, this is
• 1:00:35
  probably going to be good for the, the Geo, you know, the, the
• 1:00:39
  distribution of hash rate around the world.
• 1:00:42
  So kind of cool with this. Now the Florida news, though, I
• 1:00:45
  do want to kind of touch on that, bro.
• 1:00:47
  We're seeing all the states just shoot themselves in the foot
• 1:00:50
  here like. Fantastic.
• 1:00:51
  Metaphorically, of course. Metaphorically, yeah, bro,
• 1:00:56
  that's not good for optics. Sheesh.
• 1:01:00
  They should all be embracing Bitcoin like at at this point.
• 1:01:03
  I mean, obviously. And then I'm getting the other
• 1:01:05
  side of the coin like, oh, Opti's for the state adoption of
• 1:01:08
  Bitcoin. It's like, no, if they are smart
• 1:01:11
  and they are looking at the playing field honestly, and it's
• 1:01:16
  very, it's very clear that Bitcoin is the best performing
• 1:01:19
  thing to put your wealth in. And if you're trying to maintain
• 1:01:21
  that wealth, you probably should be buying Bitcoin.
• 1:01:24
  So, you know, New Hampshire is way ahead of the game.
• 1:01:27
  And I'm sure those people are going to be happy in five to 10
• 1:01:30
  years because they'll probably be one of the richer states in
• 1:01:33
  America and everyone else, we're just going to have fun staying
• 1:01:36
  poor. Or also someone said, you know,
• 1:01:38
  fiat's going to be dead in 10 years.
• 1:01:39
  So we'll see. We'll see what happens.
• 1:01:42
  Absolutely. James, quit.
• 1:01:44
  You have some thoughts? Yeah, I mean the tariffs
• 1:01:47
  obviously affecting, you know, multiple areas of more than just
• 1:01:50
  mining, but you know, focusing in on that.
• 1:01:52
  I guess ultimately it comes down to whatever country is the
• 1:01:55
  cheapest country to live in to import new ASIC said hash trade
• 1:01:58
  will trend upwards in that country.
• 1:02:00
  But I don't know, I think like over like Asic's are already
• 1:02:04
  kind of where they are right now.
• 1:02:05
  We're not going to start sending them out of the country.
• 1:02:07
  And I think like over time, like if anything, it's like a
• 1:02:10
  temporary thing where, you know, mining moves out of the US, we
• 1:02:14
  could have more mining being like created in the US and
• 1:02:16
  imported out. I think that's the whole idea of
• 1:02:18
  the tariffs, right, to to create more within the country.
• 1:02:21
  So I don't think it's a real issue.
• 1:02:22
  And ultimately, I think over time, hash rate probably trends
• 1:02:28
  to open source solo mining at home.
• 1:02:31
  You see a lot more people doing that now.
• 1:02:32
  I think that's only going to grow in the future.
• 1:02:34
  So, you know, hopefully home miners can start to take a
• 1:02:37
  bigger piece of the pie globally where that doesn't even matter.
• 1:02:41
  Absolutely absolutely all right, everybody, before we move on, I
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  All right, everybody, let's move on to the culture segment.
• 1:03:28
  We're going to talk all things stamp seed.
• 1:03:30
  We'll be back in just a second. I want to give a shout out to
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  All right, everybody, we are back and we got some of the show
• 1:05:38
  you guys. That's right.
• 1:05:41
  There's custom plates right now on stampse-ed.com.
• 1:05:45
  So let's break down the full set first.
• 1:05:48
  No, let's, let's, let's focus on the custom plates and then
• 1:05:52
  we'll, we'll break down the full set.
• 1:05:53
  So essentially the way the stamp seed, the stamp seed works right
• 1:05:57
  is you got yourself the kit, it comes with the hammer, the
• 1:06:00
  letter stamping tools, the anvil, and then you literally
• 1:06:03
  hammer your seed phrase into the plates, right?
• 1:06:08
  So this got different, different plates.
• 1:06:10
  There's a simply Bitcoin plate. You know, you got some, some
• 1:06:14
  custom things, but now you have the ability to order custom
• 1:06:19
  plates on the stamp se-ed.com store.
• 1:06:22
  So if you want to put a custom design, you can upload a Word
• 1:06:25
  document and Adobe PDF, upload the template and then our
• 1:06:30
  friends over at Stamp Seed will mate will make the custom plate
• 1:06:35
  for you guys for the cheap price of 48 dollars.
• 1:06:39
  This is pure titanium. This will stand the test of
• 1:06:42
  time. They dumped it in salt water for
• 1:06:45
  multiple days, I think, and it survived, which is absolutely
• 1:06:49
  crazy. They've they've put it through a
• 1:06:51
  blowtorch. They put it in a in a stamping
• 1:06:54
  machine and you know, James tried to bite it and he broke
• 1:06:59
  his teeth and he had to get teeth replacements.
• 1:07:03
  You know, Opti hit it with his car and the the plate survived.
• 1:07:07
  OK, This thing is, this thing's unbreakable.
• 1:07:10
  It's just titanium. They build rockets out of this.
• 1:07:13
  This is the proper way to secure your generational wealth.
• 1:07:16
  Opti, could you show the full, the full kit for anyone who is
• 1:07:21
  unfamiliar with the stamp seed? So essentially the kit comes
• 1:07:25
  with, with a, a, a special hammer.
• 1:07:29
  The hammer is made of copper. So when you punch the letters
• 1:07:34
  into the plate, the hammer doesn't just bounce back and
• 1:07:39
  potentially hit you in the face. It actually makes an indent into
• 1:07:42
  the copper so that the letter makes a really good impression
• 1:07:46
  into the titanium plate. Obviously comes with the anvil.
• 1:07:49
  It comes with this, this, this cool thing that essentially
• 1:07:53
  allows you to line up the the the the plate with, you know,
• 1:07:58
  with so that you make sure that the letters go in the right
• 1:08:02
  place. So you only have to buy the kit
• 1:08:04
  once. What you can buy multiple times
• 1:08:08
  are the the are the seed plates, right?
• 1:08:11
  So it's really, really cool. You buy the kit once you have it
• 1:08:15
  for life. And then you want to get more
• 1:08:17
  seed plates. You can just do that.
• 1:08:20
  You want a non custom edition, $28.00.
• 1:08:23
  You want a custom edition you $48 you can upload whatever
• 1:08:28
  image you want and of course they have special editions of
• 1:08:31
  all these different designs you know and of course get yours
• 1:08:34
  while supplies last right We got a cyber Hornet they got Infinity
• 1:08:39
  divided by 21 million. You know, you guys have seen the
• 1:08:42
  simply Bitcoin edition. It's really, really cool guys.
• 1:08:46
  Get yourself a stamp seed kit, store your seed words properly
• 1:08:50
  and our boy James here is the man.
• 1:08:53
  Anyways, James, you have any any additions?
• 1:08:55
  Any any thoughts? Yeah, so like with the custom
• 1:08:58
  plates, really cool, like new sector we have and you know,
• 1:09:01
  you're, you're basically uploading anything you want
• 1:09:04
  virtually onto the back of that plate.
• 1:09:06
  So you're still stamping your seed words on the other side
• 1:09:08
  yourself. Yeah, we put a little note there
• 1:09:11
  for anyone. We don't want anyone sending us
• 1:09:13
  their seed words. You know, there's a lot of new
• 1:09:14
  coiners out there and people are just new to the game.
• 1:09:16
  We don't want them thinking this is a custom seed company.
• 1:09:19
  There was actually a company on Etsy that was doing that.
• 1:09:21
  They were saying give us your seed words and we'll personalize
• 1:09:24
  it for you and put it on metal and send them back.
• 1:09:27
  So it's a little scary that that's happening.
• 1:09:29
  Scammers everywhere, right? But yeah, the custom plates are
• 1:09:32
  here. Yeah, get get yours done.
• 1:09:35
  Right. And for anyone just to add on to
• 1:09:38
  that in the stamp seat design or ours collab line of thinking,
• 1:09:43
  we're going to be going to Vegas for the Bitcoin conference
• 1:09:45
  coming up at the end of the month.
• 1:09:47
  We have some really cool collabs that are going to be released at
• 1:09:50
  the conference. One specific to the Bitcoin
• 1:09:53
  conference in Vegas that we collab with.
• 1:09:54
  And the other one is with the Bitcoin Rs and the space.
• 1:09:57
  That's a three pack and it's limited to 21 sets.
• 1:10:00
  So we're going to be dropping those in Vegas.
• 1:10:02
  And if there's nothing left, we're going to list them on the
• 1:10:03
  site afterwards. And yeah, I just as far as the
• 1:10:07
  salt water test goes, we tested the Titania plate.
• 1:10:10
  Solar is actually for a whole year.
• 1:10:12
  We had it in the in the water on Long Island getting hit with
• 1:10:16
  salt from August 2023 to 2024. There weren't any issues with
• 1:10:22
  the plate at all. We ended up taking it out.
• 1:10:24
  It was covered with, you know, just like stuff from the sea,
• 1:10:27
  seaweed, barnacles, things like that.
• 1:10:29
  We brushed off after things clean as a whistle.
• 1:10:32
  We're always just testing these things out, making sure that
• 1:10:34
  they withstand, you know, these house fires mainly, but anything
• 1:10:39
  else that they they could have, you know, if it's in a basement
• 1:10:41
  moist environment, you don't want these things getting rusted
• 1:10:43
  or corroded any way whatsoever. Luckily, titanium is a material,
• 1:10:47
  you know, where that won't happen with.
• 1:10:50
  So yeah, we're going to keep testing things out, making sure,
• 1:10:53
  you know, all works well there and get your custom plates.
• 1:10:57
  If you're going to Vegas, we have some really cool things
• 1:10:59
  that we're going to drop there, so make sure to stop by the
• 1:11:02
  booth, come check it out. Hey James I I actually have a
• 1:11:05
  question on these custom seed plates, like how intricate can
• 1:11:08
  the the art be on these plates? Is there like can it be super
• 1:11:13
  intricate or did they kind of have to be like basic design?
• 1:11:17
  It, it can get pretty intricate. The only problem is when you're
• 1:11:20
  dealing with like multi colored designs, it might not translate
• 1:11:23
  well with this. It's really you want black and
• 1:11:25
  white. So it it might be limited by
• 1:11:28
  that. We are working on getting more
• 1:11:30
  color to work with the laser, but that just takes a little bit
• 1:11:33
  of time and a little more R&D. So when and on the templates
• 1:11:36
  that we have on the site, we have all the instructions and
• 1:11:38
  rules there. So everyone's set up for success
• 1:11:41
  with the upload, but you can get pretty advanced with it like and
• 1:11:43
  you get very fine detail with it lettering fine lines.
• 1:11:47
  So you can try to push it as far as you can get where we're kind
• 1:11:51
  of we test out a bunch of things to begin with and we are taking
• 1:11:54
  orders in case by case. We haven't had any hiccups yet
• 1:11:58
  where we weren't able to produce the design.
• 1:12:00
  So maybe as time goes on and we start to learn a little bit more
• 1:12:02
  of what this machine could do and what we're able to produce.
• 1:12:05
  So we could, you know, change things up.
• 1:12:07
  But for now, we could take any order in.
• 1:12:10
  So, so far so good. You know, if there's memes that
• 1:12:13
  people want to put on the back, we could probably put certain
• 1:12:14
  memes. You could put a picture of
• 1:12:17
  Michael Saylor scowling at you when you're getting ready to
• 1:12:20
  thinking about selling your Bitcoin or moving it or
• 1:12:22
  something like that. You can really put anything
• 1:12:24
  there. We've seen people also do things
• 1:12:26
  for multi stick setups where they're putting something on the
• 1:12:30
  custom part of the plate that helps identify the multi stick
• 1:12:35
  setup or who owns that particular plate.
• 1:12:37
  You see block numbers on plates. That's the thing that a lot of
• 1:12:40
  people are doing for some reason.
• 1:12:42
  Yeah. Just just cool little things
• 1:12:44
  like that. Oh yeah, so custom plates now
• 1:12:47
  available. I'm going to make Opti full
• 1:12:48
  screen, so you guys could take a screenshot.
• 1:12:51
  If you want Opti on your plate for whatever whatever reason,
• 1:12:56
  you could take a screenshot right now and.
• 1:13:00
  Do a whole basic setup. With Opti, can opti?
• 1:13:03
  Can you smile? Can you smile Opti?
• 1:13:06
  No, it can't. So it take a screenshot right
• 1:13:09
  now and have opti on the back of your seed phrase and every time
• 1:13:16
  you don't. Do that.
• 1:13:17
  Don't you? You look at you take a look at
• 1:13:20
  your seed phrase, you will have a picture of Opti in HD.
• 1:13:25
  So again, take a screenshot right now of Optimus Fields and
• 1:13:31
  you know, and yeah, anyways, guys, this is incredibly
• 1:13:35
  awesome. Get your custom titanium seed
• 1:13:39
  plate today only on stampse-ed.com.
• 1:13:42
  And again, if you use promo code simply, you got 15% off anything
• 1:13:47
  on the store. I'm already thinking of, you
• 1:13:50
  know, a couple things James asked me, is the Nico like, like
• 1:13:56
  what? Like what do you, what do you
• 1:13:57
  want to do with them? And now, now I know, James.
• 1:14:01
  Now I know now. Now I'm responding to, now I'm
• 1:14:04
  responding to your thing. It should be like reverse
• 1:14:07
  psychology, like these words mean nothing.
• 1:14:11
  You know, throw it away or something.
• 1:14:13
  Like someone, someone buys it. They're like, or if someone
• 1:14:16
  finds it, unless you know what it is, it'd be like this
• 1:14:18
  literally is nothing. This is a good idea, Yeah.
• 1:14:22
  It should be like, you know, if you're, if you're, if you buy
• 1:14:25
  something on IKEA or something and they have like an extra
• 1:14:28
  little piece there, it just says like IKEA product, you know,
• 1:14:30
  20000 or something like excess, whatever.
• 1:14:34
  You know, you guys know what I'm talking about.
• 1:14:36
  You guys should use some reverse psychology on this stuff.
• 1:14:39
  That's such a good idea 'cause like you could with those four
• 1:14:41
  holes on the plate, you could screw it into a wall and like
• 1:14:44
  write something on there or like put a picture of a scenery on
• 1:14:46
  there. Just someone thinks it's a piece
• 1:14:47
  of art or you know, it's like utility box.
• 1:14:50
  Do not enter or like, but you know, electric shock don't open
• 1:14:54
  or some shit like that where it's just on your wall in your
• 1:14:56
  garage. Could be pretty cool.
• 1:14:57
  Yeah, wait, Yeah, well, well, maybe we have to.
• 1:15:00
  Maybe guys, we could workshop some things to have like an
• 1:15:02
  OPSEC version of this so that it doesn't just say Bitcoin on it,
• 1:15:06
  'cause you know, people, people are going to be looking for your
• 1:15:08
  treasure, guys. You got to make sure you find
• 1:15:11
  ways to divert their attention here.
• 1:15:13
  Yeah, see, we can't put that stuff on the listing though,
• 1:15:15
  because then everyone knows what it looks like, right?
• 1:15:18
  There we go. Start to know what to look for
• 1:15:20
  so keeping a generic like this yeah, but you know we're we got
• 1:15:24
  some smart bitcoiners out there I think a lot of these guys.
• 1:15:26
  Are not me. Coming up with their own ideas.
• 1:15:29
  Absolutely well, I just want to thank James for for coming on
• 1:15:33
  today's show. Obviously big fan here big big
• 1:15:37
  fans here at simply Bitcoin of of the stamp seed fellas, This
• 1:15:41
  is this is a key. You need this.
• 1:15:45
  You need this. If you take self custody, you
• 1:15:48
  want to store your seed phrase properly.
• 1:15:50
  Again, don't write down your seed phrase on paper.
• 1:15:53
  I've heard horror stories. You guys remember the Los
• 1:15:56
  Angeles fires, right? It's a big metropolitan area no
• 1:16:00
  one could have imagined. You know this, you know, high
• 1:16:02
  net worth neighborhood essentially getting burnt to the
• 1:16:05
  ground, right? Imagine if you had your seed
• 1:16:08
  phrase in there and you wrote it down on paper.
• 1:16:11
  You know, it wouldn't have survived the fire, right?
• 1:16:13
  I live in Florida, there's lots of hurricanes, right?
• 1:16:16
  There's flooding all the time, right?
• 1:16:19
  You know, so you do want to think about that.
• 1:16:21
  You want to think adversarially and you want to think long term.
• 1:16:24
  And again, you know, there's, I think there's no better way
• 1:16:27
  than, you know, storing your seed phrase, then literally
• 1:16:30
  stamping it on titanium so it could survive the test of time.
• 1:16:34
  And you can pass on this generation of wealth to, you
• 1:16:38
  know, your, your, your grandchildren, right?
• 1:16:40
  And you can you this so they can live a better life.
• 1:16:43
  So. Hey guys.
• 1:16:44
  Hey Nico, before we go, there is one last question for James and
• 1:16:48
  I, I think it's worth saying it out loud.
• 1:16:50
  So someone says, do you not ship to the UK?
• 1:16:53
  Don't you have a official resellers or?
• 1:16:55
  Yeah. We, we, yeah, we, we do ship to
• 1:16:58
  the UK and we do have resellers in the UK.
• 1:17:00
  If you go to the footer on the website, there's some resellers
• 1:17:02
  there that you get some faster shipping and cheaper shipping
• 1:17:05
  too because it does go a little expensive with custom duties and
• 1:17:07
  all that. Yeah, so Chris, so guys, there's
• 1:17:11
  resellers in the UK. Go to the Stamp se-ed.com
• 1:17:14
  website again, use promo code simply get 15% off.
• 1:17:17
  Before we tune out for today's show, I do want to give a shout
• 1:17:22
  out to Simply Bitcoins conference sponsor Bitcoin 2025.
• 1:17:26
  It's coming up May 27th through the 29th.
• 1:17:29
  James just said he's going to be there.
• 1:17:31
  We're going to party. We're going to party together.
• 1:17:34
  We're going to, we're going to, we're going to stamp some seeds
• 1:17:37
  and and make some contents going to be at the Venetian Hotel in
• 1:17:40
  Las Vegas, the world's largest Bitcoin event.
• 1:17:43
  Simply Bitcoin will have a booth in the media era in the media
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  era area and guys embrace game theory.
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  Get get your tickets now scan the QR code use promo code
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  simply you get 10% off your tickets to Bitcoin 2025.
• 1:18:04
  Again, get your tickets because the price will increase as time
• 1:18:08
  goes by. It's literally in 20 days.
• 1:18:11
  The conference is in 20 days, 20 days, ladies and gentlemen, so
• 1:18:16
  scan your tickets or check the link in the video description
• 1:18:20
  and we'll see you guys in Las Vegas, NV.
• 1:18:23
  Guys, we'll see you guys tomorrow for a brand new episode
• 1:18:26
  of Simply Bitcoin Live. Take care everybody.
• 1:18:29
  Today's episode was brought to you by bitcoinwell.com, a
• 1:18:32
  Bitcoin only platform on a mission to enable financial
• 1:18:36
  independence.