Latest / Simply Bitcoin / BREAKING: US Military INSIDER LEAKS The Strategic Bitcoin Reserve BATTLE is SPREADING | EP 1489

Transcript

BREAKING: US Military INSIDER LEAKS The Strategic Bitcoin Reserve BATTLE is SPREADING | EP 1489 · Simply Bitcoin

• 0:00
  The strategic Bitcoin reserve battle between China and America
• 0:04
  is officially heating up behind closed doors.
• 0:08
  AUS military general was in a Senate hearing this week and he
• 0:11
  might have accidentally confirmed the secret war
• 0:14
  happening over Bitcoin. Look, we've made videos every
• 0:18
  day on this channel for six years and this is the first time
• 0:22
  we've seen a high-ranking military official talk about
• 0:25
  Bitcoin so publicly. Let me play you the clip.
• 0:29
  I actually have two clips, one from Tuesday and then one from
• 0:33
  yesterday. We're going to start where the
• 0:35
  story begins, the official first one.
• 0:38
  Here it is. To another subject, our
• 0:41
  competition with China isn't just about military strength.
• 0:44
  It also includes monetary strength as well.
• 0:46
  You know, last year, the Chinese Communist Party's main monetary
• 0:49
  think tank published research on Bitcoin as a strategic asset.
• 0:55
  You know, this came after President Trump moved to
• 0:57
  establish a strategic Bitcoin reserve.
• 1:00
  Admiral, how does leadership in Bitcoin impact leverage
• 1:03
  resilience, deterrence for Indo Pacom against China?
• 1:06
  And do you think that a strategic Bitcoin reserve helps
• 1:10
  America compete against China? Said our our, you know, our
• 1:15
  research into Bitcoin is as a computer science tool.
• 1:19
  It's the combination of cryptography, A blockchain and a
• 1:23
  proof of work. And Bitcoin shows incredible
• 1:26
  potential as a as a computer science tool that through the
• 1:31
  proof of work protocols is a actually imposes more cost than
• 1:35
  just the algorithmic securing of networks and our ability to
• 1:39
  operate. And Bitcoin is a reality.
• 1:43
  It is a valuable computer science tool as a power
• 1:47
  projection, and outside of the economic formulation of it, it
• 1:52
  has got really important computer science applications
• 1:55
  for cyber security. Thank you.
• 1:57
  What what recommendations do you have for us?
• 1:59
  You're in Congress on how to how the US can lead on Bitcoin
• 2:03
  competition. You know, I have to go deeper on
• 2:08
  that with you, for the record, and I can go, I can go deeper on
• 2:12
  that case, but Bitcoin is a reality.
• 2:17
  It is a peer-to-peer zero trust transfer of value.
• 2:22
  Anything that supports the all instruments of national power
• 2:26
  for the United States of America is to the good.
• 2:29
  Thank you. I'll have to go back and listen
• 2:31
  to that answer to kind of decipher it.
• 2:33
  Most of us entered you're way over our head.
• 2:37
  All right, guys, I'm going to open this up one a little
• 2:39
  earlier than usual because obviously me and Nico talk about
• 2:42
  this constantly. The Overton window has shifted
• 2:45
  so much that we're seeing 4 star generals and Senate hearings
• 2:49
  talk about Bitcoin and, and everyone on Twitter was
• 2:52
  basically losing their minds around this, especially if you
• 2:55
  are in the more maybe fringe Bitcoin corners, AKA like the
• 3:00
  Jason Lowry sophomore thesis. He said this, I forget how long
• 3:04
  ago, 2-3 years ago and now we're seeing this happen from
• 3:08
  generals. Now I, I actually, I want to get
• 3:11
  Nico's thoughts on this because we haven't really even discussed
• 3:13
  this. I did see your tweet about this
• 3:15
  particular post and I'm, I don't know if I'm as bullish as you
• 3:19
  are on this. I obviously the fact that we're
• 3:22
  seeing a general talk about Bitcoin is, I think big news in
• 3:25
  and of itself. The fact they're talking about a
• 3:28
  literal battle between America and China over Bitcoin, which
• 3:32
  we've heard before, but now it seems like the conversation is
• 3:35
  expanding to this. This is a national security
• 3:38
  concern. But actually let let's just go
• 3:42
  Nico, what? What's your thoughts hearing
• 3:43
  this? So it's two separate components,
• 3:46
  right? So think about how far we've
• 3:48
  come during the previous administration, our industry was
• 3:52
  under attack. Operation Choke .2 Point O, they
• 3:55
  were, they were jailing industry entrepreneurs left and right,
• 3:59
  which a lot of them got pardons with the Trump administration.
• 4:02
  I'm talking about CZ, I'm talking about Arthur Hayes.
• 4:05
  Of course, you know, the samurai wallet developers that that case
• 4:08
  started during the Biden administration.
• 4:10
  They tried to, the way that I phrase it is they tried to kill
• 4:14
  the industry by 1000 regulatory cuts, right?
• 4:18
  And now look at where we are, right?
• 4:20
  So this is when, when the Trump election, the Trump and Kamala
• 4:24
  election was going, I kept reiterating on this.
• 4:28
  I kept saying it over and over again.
• 4:29
  You guys are giving me so much heat.
• 4:31
  I kept saying elections have consequences.
• 4:35
  A four-star general reports to one person and one person alone.
• 4:43
  Of course. I mean technically he he reports
• 4:45
  to the Secretary of War. But who The Secretary of Report
• 4:49
  of War reports to who? The commander in chief, which is
• 4:52
  President Trump, we know President Trump agenda on
• 4:55
  Bitcoin, we know how he feels about Bitcoin and that general
• 4:59
  is just saying exactly what President Trump has said before.
• 5:04
  What has President Trump on record said many times
• 5:08
  specifically regarding the importance of the Clarity act of
• 5:11
  passing the importance of Bitcoin businesses domiciling in
• 5:16
  the United States? What has he kept saying?
• 5:19
  If the United States doesn't take a leadership role, China
• 5:24
  and Russia will take it. That's component #1.
• 5:28
  What is component #2? Component #2 is Max Keiser's
• 5:32
  prophecy of the Global Hash War is playing out in real time and
• 5:38
  you're seeing it and it's, you know, very poetic that again,
• 5:44
  you have a military general, 4 star general.
• 5:48
  It's not technically the highest ranking.
• 5:50
  Technically a five star general is the highest ranking, but
• 5:53
  there hasn't been a five star general since World War 2.
• 5:55
  So a four-star general is basically the highest you can
• 5:58
  go. And do I think it's a
• 6:00
  coincidence that he's using wording that Jason Lauer used in
• 6:06
  his book, Right? Because remember, that book was
• 6:09
  released and he was actively in the military.
• 6:12
  And then he kind of had to disappear because I'm sure he
• 6:14
  got tapped on the shoulder. So you could see.
• 6:17
  And by the way, he liked our post when we reposted that
• 6:20
  video, Jason Lowry did. So you could see how
• 6:25
  consequential that book was. And you could see how right he
• 6:29
  was in his thesis or better said, how much military
• 6:33
  officials are taking his thesis seriously.
• 6:37
  So in terms of the Overton window moving, and this is what
• 6:41
  Opti was alluding to when he was referencing my tweet, Guys, look
• 6:46
  at how far we've come. I mean, six years ago when we
• 6:50
  started simply they were calling US money launderers.
• 6:53
  They were calling us, you know, anything.
• 6:55
  They they were throwing the book at us.
• 6:57
  They're seeing what could stick. And over this six year time
• 7:01
  period that we've been making content, technically it's five
• 7:04
  years. It's six years in July.
• 7:09
  We have the first pro Bitcoin president that signed a
• 7:12
  strategic Bitcoin reserve executive order.
• 7:17
  It ended and he was very public about it with Elon and Howard
• 7:19
  Lubnik next to him. And now you have congressional
• 7:24
  hearings where you literally have a four-star general going
• 7:32
  out there and of course they cut both parties.
• 7:36
  You can clearly tell they don't. They're not very well versed on
• 7:40
  Bitcoin. But if you read in between the
• 7:42
  lines, what that four-star general basically said that it's
• 7:47
  a matter of national security, that the United States has some
• 7:54
  skin in the game as it relates to Bitcoin.
• 7:57
  He was one, in short, from saying it's a matter of national
• 8:01
  security that the United States has Bitcoin as a strategic
• 8:07
  reserve. He didn't go that far, but he
• 8:09
  sure as hell alluded to it. And not only that, the way that
• 8:14
  he described it, and he was very political in his phrasing,
• 8:18
  right? Because anything that he said
• 8:20
  that that overstepped, he, he would have, you know, he would
• 8:26
  have exposed himself politically speaking.
• 8:29
  So he's very, he was very conscious of what he was, how he
• 8:32
  was phrasing that and how he phrased it is like this is a
• 8:36
  computer science thing, right? We all know that Bitcoin is not
• 8:41
  just a computer science innovation.
• 8:43
  We all know that it's not just a financial, a financial
• 8:46
  innovation. Bitcoin is a revolution
• 8:51
  fundamentally, and now that revolution, that bottom up
• 8:54
  revolution, because it's not a top down revolution, it's a
• 8:57
  bottom up revolution. And it started with people like
• 9:01
  me and Opti that had no other choice but to essentially bet
• 9:05
  the house on Bitcoin. And now it's gotten to the point
• 9:08
  where Bitcoins market cap is so big, Bitcoin's censorship
• 9:11
  resistant properties are so important, Bitcoin's absolute
• 9:15
  scarcity is so important that it's becoming part of the
• 9:19
  geopolitical conversation. Two weeks ago, Iran, which the
• 9:25
  United States is currently at war with, or you know, there's a
• 9:28
  ceasefire, apparently whatever was asking for the tolls to be
• 9:39
  paid in Bitcoin for ships to pass the Strait of Hormuz.
• 9:42
  They weren't asking for the Iranian currency.
• 9:45
  They weren't asking for U.S. dollars.
• 9:48
  They were asking for Bitcoin. So the global hash war is here.
• 9:55
  The, the, the war for the nation state to acquire as much Bitcoin
• 10:02
  as they can is right around the corner.
• 10:05
  He's alluding to it. All you have to do is pay
• 10:07
  attention. All you have to do is pay
• 10:10
  attention. And if you connect this with
• 10:14
  everything else that's happening, you have Morgan
• 10:16
  Stanley going on and basically saying, hey, look, the Morgan
• 10:24
  Stanley Bitcoin ETF was the most successful ETF we've ever had.
• 10:28
  BlackRock said the same thing. The Bitcoin conference, which is
• 10:32
  next week, just announced that Cash Patel, the head of the FBI,
• 10:37
  is going to be making an appearance.
• 10:39
  You have the head of the CFTC making an appearance.
• 10:42
  You have the head of the SEC making an appearance.
• 10:45
  You have the president's son, Eric Trump, making an
• 10:48
  appearance. Guys, it's not rocket science
• 10:50
  what is happening right now. This is what we've been talking
• 10:53
  about for years. What's going to happen?
• 10:56
  This is this is what we predicted.
• 10:59
  And we didn't predict this because we were geniuses.
• 11:01
  We didn't predict this because we were like, Oh my God, like
• 11:03
  this is just like, you know, this is pure opium.
• 11:06
  And we were so confident in it. We predicted it because of the
• 11:09
  game theory. And the game theory is this.
• 11:12
  It's Infinity divided by 21 million.
• 11:14
  If you have a non sovereign monetary asset that is
• 11:20
  controlled by no one, can be censored by no one and it has
• 11:23
  absolute scarcity meaning and no government can debase it.
• 11:29
  Of course, it was an inevitability that nation states
• 11:34
  were entering the we're going to enter the conversation and this
• 11:37
  is where we are in the movie. This is where we are in the
• 11:39
  movie. It's extremely exciting from a
• 11:43
  number go up perspective because this is just another example of
• 11:48
  a rubber stamp of approval on Bitcoin.
• 11:51
  Bitcoin isn't just a fad anymore, ladies and gentlemen,
• 11:55
  this thing isn't going to go away anytime soon.
• 11:58
  This thing is here to stay and governments and banks and Wall
• 12:04
  Street really has a tremendous amount of influence over
• 12:07
  Washington are basically saying we want to benefit from this.
• 12:11
  Now, it's not just retail, it's not just the cipherpunks.
• 12:15
  We wanna we wanna benefit from this.
• 12:17
  But I, I've kept referencing the specific article because I think
• 12:21
  it's very appropriate to this specific example that Opti
• 12:25
  played. What these nation States and
• 12:31
  what these governments and what these institutions and what Wall
• 12:34
  Street doesn't realize is that number go up.
• 12:37
  Technology and freedom go up. Technology are inextricably
• 12:41
  linked. The more they legitimize
• 12:43
  Bitcoin, the more Bitcoin becomes legitimized in the eyes
• 12:48
  of the world, right? Because I know we kind of live
• 12:51
  in this echo chamber and not all of us tune into simply Bitcoin
• 12:54
  everyday. A lot of people are still
• 12:55
  listening to legacy media. Well, guess what?
• 12:57
  If you're listening to legacy media, that type of clip is the
• 13:00
  type of clip that will start being played on legacy media.
• 13:05
  So if you're someone older that still lives, still consumes
• 13:08
  information and still lives in that information bubble and you
• 13:11
  see that clip, you're like, Oh my God, like this thing is real.
• 13:16
  And then simultaneously, Schwab is making educational videos,
• 13:20
  which Opti played for you guys earlier on in the week, and
• 13:23
  they're basically telling you the same thing that BlackRock
• 13:26
  told you about Bitcoin being an essential part of your
• 13:30
  portfolio. Schwab is saying on record that
• 13:35
  if you believe that Bitcoin is gonna have a CAGAR of 25% to 15%
• 13:42
  to 10%, you should have Bitcoin in your portfolio.
• 13:47
  It's not only you should have Bitcoin, you should allocate 20
• 13:51
  to 10 to 15 to 5% of your portfolio to Bitcoin.
• 13:56
  That is absolutely bonkers. And all of this is happening in
• 14:01
  the bear market year. So you just have to read the
• 14:06
  writing on the wall. Ladies and gentlemen, you have
• 14:08
  to read the white writing on the wall and you have to come to a
• 14:12
  conclusion yourself. It's very obvious.
• 14:14
  I can connect the dots for you guys, which I, I tried to, I put
• 14:17
  all these pieces together, but like, it's very obvious where
• 14:20
  this is going. If this is happening now.
• 14:22
  And this is what I said in my tweet yesterday.
• 14:24
  And the tweet did pretty well. If this is happening now,
• 14:28
  imagine five years from now, because five years ago we were
• 14:33
  othered, we were conspiracy theories.
• 14:36
  We were, we were basically on the level of Alex Jones, right?
• 14:39
  If you brought up Bitcoin to traditional finance, they
• 14:43
  thought you're a kook. Now the government, the
• 14:50
  president, the president's son, and now the military on top of
• 14:56
  Wall Street is all saying the same thing.
• 14:58
  This thing isn't going away, and it's actually a matter of
• 15:01
  national security that we take this thing seriously.
• 15:06
  So all of that being said, none of this was true when Bitcoin
• 15:11
  was at $126,000 per coin. So right now, all of these
• 15:18
  things have developed, all of these things have played out and
• 15:20
  Bitcoin's at $78,000. Question for you guys, not
• 15:26
  financial advice. Where the hell do you think
• 15:28
  Bitcoin's going to be 5 years from now?
• 15:31
  Where do you think it's going to be after listening to a clip
• 15:34
  like that? And I have, I have more clips
• 15:36
  for you guys. By the way, during the show,
• 15:38
  during the number second it, it keeps going, right?
• 15:41
  There's Kevin O'Leary going on TV saying the same thing.
• 15:44
  It's like this thing's going up. We have more senators saying the
• 15:48
  same thing. Guys, this is what winning looks
• 15:52
  like. We, we, we, we've not only got a
• 15:57
  seat at the table in Washington DC, we've got a seat at the
• 16:01
  table in Wall Street. And I don't think what
• 16:06
  Washington and I don't think what Wall Street has realized.
• 16:08
  And I think that Wall Street tried to Co-op Bitcoin.
• 16:10
  But as Max Keiser has always said, you don't change Bitcoin.
• 16:14
  Bitcoin changes you. And I think that's what really
• 16:17
  makes me so excited, right? And I always talk about
• 16:20
  revolution. I think revolution has this
• 16:22
  like, you know, it has this, like, you play this like little
• 16:26
  video in your head of like people with pitchforks and
• 16:28
  torches. And they're like, you know,
• 16:30
  outside the palace and they're like, we want change.
• 16:32
  This is a different type of revolution.
• 16:34
  This is a peaceful revolution. This is a peaceful monetary
• 16:39
  revolution that is going to benefit the individual.
• 16:44
  And no revolution in human history has really done that.
• 16:50
  It's always been a revolution where there is a regime change.
• 16:53
  But the the people that really benefit when there is a
• 16:56
  revolution are the elite. It's always the elite.
• 17:00
  It's never really the people, right?
• 17:04
  So not not all of them, but most of them, I would say so this,
• 17:11
  this has me extremely excited. This, this is vindication guys.
• 17:14
  This is this is this is what happens when Schwab denied Opti
• 17:19
  and now Schwab is saying, hey, we're going to offer spot
• 17:23
  Bitcoin trading. But you know what Opti's saying,
• 17:25
  I don't want to even open an account with you anymore.
• 17:28
  I'm still. Too broke?
• 17:29
  That's. Not true.
• 17:31
  Wait, wait. Wait, I, I do like look, I, I, I
• 17:36
  totally get the importance of this flag being planted.
• 17:40
  Like, you know, I guess the big sound bite for me out of this
• 17:42
  four-star Admiral is Bitcoin is real.
• 17:45
  Obviously for a lot of people. They might still have this idea
• 17:48
  of like, oh, you know, magic Internet money.
• 17:50
  But personally, and and I haven't read Jason Lowry's
• 17:54
  software thesis. It never really made too much
• 17:56
  sense to me. And I think this is where my,
• 17:59
  I'm like when I, I don't want to say confusion, but when I watch
• 18:02
  this, I'm like, it sounds like some buzzwords to me.
• 18:04
  I still don't understand what what he means by, you know,
• 18:07
  bitcoins going to be a national security cybersecurity layer.
• 18:11
  I'm like, what, what, what is he saying here?
• 18:13
  Like how is getting hash rate a cybersecurity layer?
• 18:18
  Is he talking about getting enough hash rate so that
• 18:22
  American transactions they'll get censored or so that we can't
• 18:26
  censor our enemies? That that's where I'm like it.
• 18:29
  It sounds like buzzwords to me. Like I get it's a big statement,
• 18:32
  but I'm just like, what is he talking about?
• 18:34
  I don't even am I? Am I am I crazy guys?
• 18:36
  I don't think they even know fully what.
• 18:38
  Yeah, That's, that's my, that's my voice.
• 18:41
  That's. My voice, but that's not.
• 18:42
  That, that you're missing. You're missing the sauce.
• 18:44
  The sauce? No, I, I.
• 18:45
  Get the sauce. But I'm just like, I can't hear.
• 18:48
  Myself 00. Yeah, I got it.
• 18:49
  Thank you. But no.
• 18:51
  But the signal here is the fact that not much better.
• 18:55
  Thanks, bro. The signal here is the fact that
• 18:59
  they're talking about in the 1st place, Yeah.
• 19:01
  I agree. I agree.
• 19:02
  I agree. I agree 100%.
• 19:04
  I agree. Larry Fink goes.
• 19:05
  On, you know, legacy media and he's talking to you about, you
• 19:08
  know, this non sovereign alternative and how Bitcoin is.
• 19:12
  You know he's talking his book, but like, does it really matter
• 19:14
  that he completely understands what he's talking about?
• 19:18
  I mean, preferably, right? I mean.
• 19:21
  Seriously. Like does it did?
• 19:23
  Did you know what Bitcoin like I'm going to ask you.
• 19:25
  No, no. Obviously, you know.
• 19:26
  What Bitcoin it it took me at least it took me at least two
• 19:31
  years to fully understand Bitcoin.
• 19:35
  And I've been in this industry for a decade and I'm still
• 19:39
  falling down the rabbit hole because like Bitcoin and Hafa
• 19:45
  Saguri says this, Bitcoin is multidisciplinary.
• 19:50
  So it requires multiple disciplines for you to fully
• 19:54
  understand Bitcoin. You can't just understand
• 19:57
  Bitcoin from a certain worldview.
• 20:00
  I think a certain worldview will get you in the door in terms of.
• 20:06
  You starting down the rabbit hole, but once you start falling
• 20:09
  down the rabbit hole, you start to ask questions about
• 20:12
  economics, you start to ask questions about governments.
• 20:15
  You start to ask questions about money.
• 20:17
  You start to ask questions about like, like what?
• 20:21
  Like what is the role of government in society?
• 20:23
  What is the central bank? Should there be a central bank?
• 20:27
  You know, like, you start to ask very, very deep questions about
• 20:31
  government, about society as a whole and the fact that these
• 20:34
  conversations are now being had at the levels of which they're
• 20:39
  being had. Yeah, that.
• 20:40
  I agree with that is. Insane.
• 20:42
  And I'm telling you that in five years, Opti, you're saying, oh,
• 20:46
  they don't really kind of know what they're talking about.
• 20:48
  I guarantee you that in five years, brother, they're gonna
• 20:52
  sound like simply Bitcoin when they go on that mic.
• 20:54
  I doubt. It that 4.
• 20:56
  Star General's gonna be like yo. Bitcoin or slavery?
• 20:59
  I highly doubt it, but let's on that note.
• 21:02
  On that note, to make my case, let's play the second clip that
• 21:05
  came out yesterday in regards to the Senate hearing with this
• 21:09
  four-star Admiral. Admiral Papparo, yesterday you
• 21:13
  testified that Bitcoin held potential as a tool for national
• 21:17
  security. Recent research from the Bitcoin
• 21:20
  Policy Institute estimates China has approximately 194,000
• 21:25
  bitcoins, while the United States has approximately 328,000
• 21:30
  bitcoins. In this era of digital
• 21:32
  competition, would it be to our strategic advantage to maintain
• 21:36
  a lead in this regard, as we do with other strategic resources
• 21:39
  like gold and oil, Sir? Our interest in Bitcoin is as a
• 21:44
  tool of cryptography, a blockchain and reusable proof of
• 21:48
  work, as an additional tool to secure networks and to project
• 21:53
  power. And so I am, I think this
• 21:56
  protocol is here to stay. I think the computer science of
• 22:00
  it has direct implications for the projection of power, not
• 22:05
  financial, but from a computer science standpoint, from the
• 22:09
  securing of networks. And so I am supportive of those
• 22:13
  applications. All instruments of national
• 22:16
  power are important. But from the military
• 22:18
  application standpoint, my interest in Bitcoin is as a
• 22:21
  computer science tool. As projection of power I
• 22:24
  appreciate. That I agree with you, and I'd
• 22:26
  also like to hear your thoughts on monetary competition over the
• 22:29
  coming decades. What role does Bitcoin play in
• 22:33
  spreading digital property rights?
• 22:36
  Well, I, I, you know, people use Bitcoin today, right now to
• 22:39
  protect their own intellectual property.
• 22:43
  And that's the reusable proof of work protocol that's combined
• 22:46
  with blockchain for accountability and cryptography
• 22:49
  for security. And so that's the role that I
• 22:52
  see for it. I see direct national security
• 22:55
  implications. And then I'm supportive for
• 22:58
  anything that maintains our own dollar dominance worldwide.
• 23:04
  I appreciate. That do you think we're
• 23:05
  adequate, adequately prepared to counter China's strategic
• 23:08
  direction regarding digital assets?
• 23:12
  I think that our recent act with the Genius Act is a great step
• 23:16
  forward that moves us in that direction and I'll.
• 23:19
  Lastly, I'll ask you, as we continue to craft the NDAA, what
• 23:22
  authorities and resources does Indo Paycom need to address as
• 23:27
  respects the national security dimensions of digital assets?
• 23:31
  Presently we're in experimentation, so I'll give
• 23:33
  you a deeper look into that. Presently we have a node on the
• 23:37
  Bitcoin network. Right now we're not mining
• 23:39
  Bitcoin, we're using it to monitor and we're going to,
• 23:42
  we're doing a number of operational tests to to secure
• 23:46
  and protect networks using the Big Call Bitcoin protocol.
• 23:50
  I appreciate. That Admiral, thank you.
• 23:51
  I yield back, Mr. Chairman. OK, guys, the US military just
• 23:58
  admitted that they're running their own node, right?
• 24:01
  So anyone who's not running your own node, you're less.
• 24:04
  Of a big owner than the military.
• 24:06
  Like you're lost in the sauce at this point, right?
• 24:11
  Check the link down below. Start 9.
• 24:14
  Like literally you can buy a node plug and play.
• 24:17
  It's super easy to use. But if you're not, because we
• 24:19
  rerun these polls all the time, like dude, that's crazy that he
• 24:22
  said that. OK.
• 24:23
  So the other part I want to focus on in that thing is that
• 24:27
  he sees Bitcoin as a way to project power, right?
• 24:31
  Which again, comes from which book specifically?
• 24:36
  Sounds very familiar. That projection of power quote
• 24:41
  comes from the software book, right?
• 24:44
  So I don't think it's a coincidence that he's using that
• 24:48
  verbiage. So yeah, I mean, you know what?
• 24:52
  I heard, you know, what Booker reminded me of was our boy Mark
• 24:56
  Goodwin's Bitcoin dollar system. He specifically said, you know,
• 25:01
  maintain dollar dominance here and that that's one of the
• 25:04
  bigger conversations that we've been having.
• 25:06
  So obviously, I think, I think he, they're definitely going
• 25:10
  down the rabbit hole in many respects.
• 25:12
  I I still don't get how running a node is I I don't exactly what
• 25:18
  know what he said 'cause like I I can't really tell what he's
• 25:21
  saying there, but I guess the point is he's running a note
• 25:24
  look. Look, I I I'm just trying to.
• 25:27
  Understand what they're doing here and it makes no sense to
• 25:29
  me. You can't like.
• 25:31
  OK. So look clearly right and I
• 25:34
  understand where he's coming from like Bitcoin takes a while
• 25:38
  to understand, right? So what I'm focusing on is the
• 25:43
  fact that the US military just announced, right, or part of the
• 25:48
  US military just announced that they're running their own.
• 25:50
  Note. the US military just announced that Bitcoin is
• 25:54
  crucial for power projection. the US military just announced
• 25:59
  that it's a matter of national security.
• 26:01
  The only thing that they stopped short of saying is that Bitcoin
• 26:06
  itself as a strategic asset. Well, he did.
• 26:11
  Kind of skirt that question, if we're being honest.
• 26:13
  He skirted that. Question, but that's where he
• 26:15
  that's the only thing he fell short on, right.
• 26:19
  So, and I see a lot of a lot of comments about being Co opted
• 26:24
  And again, I'm going to continue.
• 26:26
  You know what, I'm going to actually, I'm going to pull up
• 26:31
  the article because I think it's extremely fitting for this
• 26:37
  specifically. And again, shout out to Alex
• 26:40
  Gladstein because he wrote this back in 2021.
• 26:45
  So this article, first of all, he called a lot of this stuff
• 26:51
  out, right? And he called it out back in
• 26:55
  2121 guys, was a very different ball game, right?
• 27:00
  You didn't have nation states, you didn't have Black Rock, you
• 27:03
  didn't have Wall Street, right. The ETF was just approved in
• 27:06
  January of 24. This was like the era of like
• 27:11
  when Naimbu Kelly made his famous appearance at the Bitcoin
• 27:14
  2021 conference here in Miami. That actually happened to me, my
• 27:19
  first mainstage appearance, which is crazy time flies, but
• 27:24
  I'm going to read you some of these articles.
• 27:25
  I I think it really applies so. And in the book 2 of Virgil's
• 27:31
  epic poem The Enyad, one of the most iconic plot lines of
• 27:35
  classical mythology unfolds with trickery and superfuge.
• 27:40
  The Greek forces, having failed to capture the city of Troy
• 27:43
  after a decade long siege, attempted an ultimate attack of
• 27:45
  their enemy not by strength but by guile.
• 27:48
  Through a clever plan hatched by Ulysses in the fields outside of
• 27:53
  Troy's impregnable walls, the Greek army departs but leaves
• 27:57
  behind a massive wooden horse. A lone soldier leads the Trojans
• 28:02
  to believe that the horse is a tribute to Minerva, the goddess
• 28:06
  of war and strategy, as an apology for the blood that the
• 28:09
  Greek spilled. The Crojans.
• 28:11
  The the Crojans, the Trojans think their rivals have sailed
• 28:14
  off in surrender and despite warnings from Cassandra and
• 28:18
  Lacun, who gives us the famous saying beware of Greeks bearing
• 28:22
  gifts, they bring the horse into the city as a trophy of victory.
• 28:26
  Blinded by zeal, they think it will make them invincible.
• 28:29
  Little did they know the horses packed with armed soldiers who,
• 28:33
  undercover of night, slip out and open the gates for their
• 28:36
  comrades waiting outside, who had hidden their fleet behind an
• 28:40
  island in the nearby sea. The Greeks sacked the city and
• 28:44
  Troy falls defeated from the inside by its new treasure.
• 28:48
  So the meme begins with wealthy individuals, corporations, and
• 28:53
  soon governments. Mind you, this was written in
• 28:56
  2021. All right, so we're now, we're
• 28:59
  not in the soon governments. We're at the governments which
• 29:02
  see Bitcoin as glittering digital gold out of self
• 29:06
  preservation and greed, right? What?
• 29:08
  Now? Let's play into what is actually
• 29:10
  happening. What did Trump say?
• 29:13
  What did that military general say?
• 29:15
  We need this for power projection.
• 29:18
  We do need this for national security.
• 29:20
  What did Trump say? If we don't do this, China and
• 29:23
  Russia will do this, right? It goes on to say out of self
• 29:28
  preservation and greed, they're incentivized to buy mine and one
• 29:31
  day tax this new prize to accumulate the soundest money
• 29:35
  and gain an advantage over their rivals.
• 29:37
  What do you think power projection means?
• 29:39
  Ladies and gentlemen, what is power projection?
• 29:42
  What does that mean? Power projection?
• 29:44
  What? You're trying to gain an edge
• 29:46
  over your rivals. That's what power projection
• 29:48
  means. Bitcoin does, after all, on its
• 29:51
  exterior, look very appealing. It's the best performing
• 29:54
  financial asset in the world. Over the past 12 years,
• 29:56
  Bitcoin's trillion dollar success is attracting interest
• 29:59
  from the rich and powerful everywhere from Wall Street to
• 30:02
  Beijing to Silicon Valley. It goes on to say, but Bitcoin
• 30:09
  is not just number go up technology.
• 30:11
  Hidden behind the eye popping gains is a powerful freedom go
• 30:15
  up technology that it's new adopters are knowingly or not,
• 30:20
  pushing forward. Number go up and freedom go up
• 30:24
  are inextricable. That means that you cannot
• 30:26
  disconnect the two bitcoins. Decentralized digital cash did
• 30:31
  not emerge from Y Combinator, but rather was the Holy Grail of
• 30:36
  the Cipherfunks, a group of civil liberty advocates
• 30:40
  concerned about how personal freedoms could survive the great
• 30:44
  electronic transformation of society.
• 30:46
  Their goals were to separate money from governments and
• 30:49
  corporations, check the growth the growth of the global
• 30:52
  surveillance state, and preserve human rights in an age in an
• 30:56
  increasingly digital age. Satoshi Nakamoto's greatest
• 31:00
  trick was to animate these aspirations into something that
• 31:03
  looks like and functional, like digital gold.
• 31:07
  So while yes, Bitcoin gives anyone, regardless of their
• 31:10
  nationality, status, wealth, gender, race, or beliefs, access
• 31:14
  to the best savings technology on the planet, it also gives
• 31:18
  them unstoppable, programmable money that cannot be debased or
• 31:22
  censored and that fights surveillance and confiscation.
• 31:26
  Dissidents, democracy protesters, opposition leaders,
• 31:30
  and independent journalists worldwide are beginning to
• 31:33
  realize this. So this is what I'm talking
• 31:37
  about, right? This time it was not a plotting
• 31:42
  army camped outside Wall Street. Satoshi's creation spreads not
• 31:46
  by force, but by voluntary choice.
• 31:49
  The financial Mind you, this was written in 2021.
• 31:53
  This was before the Black Rock ETF.
• 31:55
  This was before the Morgan Stanley ETF.
• 31:58
  This was before strategies strategy panned out.
• 32:02
  This is right when they just started acquiring Bitcoin.
• 32:05
  This was when Michael Saylor stock was like, I like $20.00.
• 32:10
  So it goes on to say the financial establishment is
• 32:12
  simply beginning to like the way it looks.
• 32:15
  It's it promises great riches and that is no mirage.
• 32:19
  It will continue to deliver, but most of the elites do not
• 32:22
  realize what they are bringing into the inner sanctum.
• 32:25
  In a world of increasingly centralized control and social
• 32:28
  engineering, Bitcoin provides a check by empowering the
• 32:31
  individual at the expense of the authority.
• 32:33
  Yes, billionaires and dictators can buy a lot of Bitcoin, but
• 32:37
  they cannot control the system as they can with Fiat money.
• 32:40
  Unlike with the dollar, euro, or yuan model, they cannot tweak
• 32:44
  issuance, censor transactions and make special rules, or bail
• 32:47
  out for the aristocracy, or perform mass remote confiscation
• 32:52
  or debasement. Of course, governments and
• 32:54
  corporations will try to hijack Bitcoin for their own ends.
• 32:58
  Some already have The Block Size Wars of book that chronicles the
• 33:01
  attempts of Chinese billionaires in Silicon Valley Titans to
• 33:04
  forcefully transform Bitcoin from a freedom tool into a
• 33:09
  retail payments mechanism. These attempts failed because
• 33:12
  the network lacks a single point of control.
• 33:17
  So this is what I want you guys to understand is that
• 33:21
  governments and Wall Street think that they can change
• 33:26
  Bitcoin, but it's going to be Bitcoin that changes governments
• 33:32
  and Wall Street and the Trojan horse is already in the door.
• 33:37
  This isn't a hypothetical when this what when this article was
• 33:40
  written in 21. This isn't a hypothetical
• 33:43
  statement. Ladies and gentlemen.
• 33:45
  When Trump got elected, he literally wrote and the White
• 33:48
  House posted this on their ex account BT Dubs.
• 33:52
  They said we want to make the United States the Bitcoin
• 33:55
  capital of the world. And then he signs a strategic
• 33:58
  Bitcoin reserve with Howard Lepnick, which went on Anthony
• 34:01
  Pompliano's podcast and he says I'm buying 10s of millions of
• 34:03
  dollars worth of Bitcoin. And then to his left he had Elon
• 34:06
  Musk, which Tesla is one of the big seven companies that owns
• 34:11
  10,000 Bitcoin. And guess what?
• 34:13
  Last quarter they didn't sell one of them.
• 34:16
  And what was Sailor posting the other day?
• 34:19
  There are three perfect products, a car that drives you,
• 34:24
  a robot that works for you, and what was the sailors one an.
• 34:28
  Asset that pays you and an. Asset that pays you and of
• 34:30
  course he's talking about the stretch addict stretch product
• 34:34
  right so yeah man, I mean this is crazy so if if you guys want
• 34:40
  to know why we've been right for six years it's not because me
• 34:45
  and Opti are computer scientists or engineers or we went to these
• 34:49
  crazy. Schools or.
• 34:50
  Whatever, it's because we fundamentally understood the
• 34:54
  game theory. We under, we Satoshi understood
• 34:58
  something on a very deep level. And I see this documentary, by
• 35:02
  the way, which like guys, if if you still think it's important,
• 35:07
  if you still think Satoshi's identity is important, you're
• 35:10
  lost in the sauce. It's not important.
• 35:12
  What's who Satoshi is or who Satoshi was is not important.
• 35:16
  What he left us is important. In fact, it's better that nobody
• 35:20
  finds out who Satoshi is. It's much better because it
• 35:24
  remains like this mythological figure.
• 35:27
  We are all Satoshi except Craig Wright.
• 35:32
  So this is where we are. And the question that I have for
• 35:38
  you guys, because ultimately if you guys are tuning into simply
• 35:40
  Bitcoin, you guys are tuning in for one reason, one reason
• 35:43
  alone. Me maybe?
• 35:46
  Maybe 20, maybe 20% of you guys are tuning in for the for the
• 35:49
  freedom aspect of it, but 80%, I would say you guys are tuning in
• 35:54
  from the number go up aspect. So let's focus on that.
• 35:58
  All right? Alex wrote that Article 4 years
• 36:02
  ago when none of this was true is what I said in my tweet
• 36:08
  yesterday. Where do you think we're going
• 36:11
  to be 5 years from now guys? Do you think it's just going to
• 36:14
  go away? Do you think it's just
• 36:18
  disappear? Hell no.
• 36:22
  We are just getting started. And like the Greeks, we're
• 36:26
  inside the walls of Troy and we're, we're not, we're, we're,
• 36:30
  we're, we're not waiting to get outside of the horse yet.
• 36:33
  We're still in the horse route. We're I'm telling Opti to be
• 36:36
  quiet and Opti and Opti's just popping in Zens and he's like,
• 36:41
  hey, yo, Nico, let's let's get out of the horse, bro.
• 36:44
  Let's get out of where we're inside the walls.
• 36:46
  Let's do it. You know that.
• 36:48
  Is a pretty apartment actual, you know, metaphor?
• 36:51
  Because you do be telling me to stop saying crazy stuff.
• 36:54
  And I'm like, and I'm like Opti, like like Opti, don't say that
• 36:59
  you're going to scare them. Be quiet, Opti, be quiet.
• 37:03
  And yeah, guys, this is this is where we are.
• 37:06
  This is where we are. This is where we are, man.
• 37:08
  This is where we are. This is where we are.
• 37:11
  And it's extremely exciting. So I know everyone's like
• 37:16
  instinctual reaction is to like, yeah, maybe.
• 37:19
  I'm too much of A toxic bitcoiner because I'm like, what
• 37:21
  is he saying? It's like it doesn't matter what
• 37:23
  he's saying, it's the fact that he's saying it like I.
• 37:26
  Know that you guys are just like paying attention to, you know,
• 37:29
  the price action and all that, but I just want to literally
• 37:35
  tell you and I want to give you some homework for tonight where
• 37:38
  we are in the movie guys. OK, the horse is in the city
• 37:43
  guys, the horse is in the city. The horse is in the city.
• 37:49
  The horse is in the city. The Trojan horse is in the city.
• 37:53
  Not Trojan horse is Bitcoin. It's Bitcoin, but it's only
• 37:57
  Bitcoin in self custody. It's only Bitcoin in self
• 38:00
  custody. If you don't have Bitcoin in
• 38:02
  self custody, you're not inside that horse.
• 38:04
  You're outside that horse. Anyways.
• 38:09
  That's my take on all this. That's my, that's my take.
• 38:14
  That's my take. All right, Well, you'll take.
• 38:17
  It to your grave. I don't know what that means.
• 38:22
  You'll ride. It you'll live and die by that
• 38:23
  statement. But to your point though, the
• 38:26
  Trojan horse is definitely in the building and I'm OK with
• 38:29
  them embracing Bitcoin without them fully understanding it
• 38:32
  because that just gives us a lot more cover here.
• 38:35
  So I, I, I'm totally on board with that aspect of it like.
• 38:38
  But like, I don't like, I don't like the way that you framed it
• 38:41
  because basically like Bitcoin is a win win for everybody.
• 38:48
  It's a win for, it's a win win for the United States
• 38:50
  government. It's a win win for Wall Street.
• 38:52
  It's a win win for the individuals.
• 38:55
  It's not like a 0 sum game. No, I, I agree with that.
• 39:00
  I'm just saying maybe, maybe it maybe it's just my, my, you
• 39:04
  know, actually Bitcoin maxi where it's like, I just don't
• 39:07
  get what he's saying, to be honest.
• 39:08
  I but OK. And but I'm OK.
• 39:12
  With him saying it from the. From if you break down the
• 39:15
  statements, clearly he's not as articulate as Michael Saylor.
• 39:18
  OK, fine. But if you parse through the
• 39:21
  statements and you hear power projection, you hear national
• 39:24
  security, you hear that the fact that the United States military
• 39:27
  is running a node, that's the signal.
• 39:29
  I agree. That's what that's what we
• 39:31
  should I totally agree to, right.
• 39:33
  So this is a big deal, guys. Anyways, guys, it's gonna be a
• 39:36
  great show. We still got a ton of content
• 39:39
  for you guys. So right after the break we have
• 39:41
  again, Scott Besant going in front of Congress Speaking of
• 39:45
  the Overton window, a moving and he's saying what the general
• 39:50
  isn't saying. He's saying that Bitcoin is
• 39:54
  going to be very important for payment rails in the United
• 39:57
  States. So like, the Trojan horse is in
• 40:02
  the city, guys, freedom is winning.
• 40:06
  And I and I understand like people's concerns about it being
• 40:09
  Co opted and and stuff like that.
• 40:11
  But again, listen to Opti of Troy.
• 40:14
  That's hilarious. Nico has it backward.
• 40:20
  The Trojan horse equals Bitcoin BTCETF.
• 40:23
  What did I say? I said the Trojan horse is
• 40:25
  people holding Bitcoin in self custody.
• 40:26
  I said that these comments are wild and out today, yeah.
• 40:31
  Let's keep it moving. Let's keep it moving.
• 40:32
  We we spend a lot of time on this.
• 40:34
  All right, we're going. To be right back after the break
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  time of recording Bitcoin price is 77,490 S per dollar 1290
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  plock height 946,327 Realized monetary inflation .83% market
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  cap 1.55 for trillion Bitcoin versus gold market cap 5.17% If
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  and when the Bitcoin price reaches the market cap of gold,
• 44:02
  that's $1.5 million per Bitcoin that you can get at a price of
• 44:07
  77,666 right now Percentage issued 95.33 declined from all
• 44:14
  time high. If you're buying Bitcoin right
• 44:16
  now, you're getting it at a 38.6% discount.
• 44:20
  Ladies and gentlemen, I told you I had more videos for you guys.
• 44:23
  Here you have the one, the only Treasury Secretary Scott Besant.
• 44:29
  And again, connect us with what the general was saying.
• 44:34
  We are definitely heading in the right direction.
• 44:36
  Ladies and gentlemen, let's check out the clip.
• 44:38
  Talk about why it's so important that Congress pass digital asset
• 44:42
  legislation. Senator when?
• 44:46
  The United States leads in best practices, safety and soundness
• 44:52
  in the financial world, whether it's our banking system, the our
• 44:57
  securities or now digital assets.
• 45:00
  It's important for the US to lead for several reasons.
• 45:03
  One, US leadership over the long term secures the primacy of the
• 45:08
  dollar as the reserve currency. 2 the our best practices will
• 45:14
  emanate to the rest of the world because what had happened is did
• 45:18
  digital assets were in dark unregulated places and they will
• 45:24
  come into the US and we will be able to use our a a anti money
• 45:30
  laundering and the KYC and have a much better handle on digital
• 45:38
  assets the both for payments. And I think this is going to be
• 45:43
  a very important payment rail. And again the the US has to lead
• 45:47
  here. We are the technological leader
• 45:49
  in the world. We should be the payments leader
• 45:51
  in the world. Very good and we appreciate your
• 45:54
  help in pushing that forward. So let's compare the two Opti
• 45:58
  much better answer in terms of the way he articulated it.
• 46:03
  But you guys have to understand that the government is not just
• 46:07
  this like, you know, it's, it's a huge, it's a huge institution,
• 46:11
  It's a huge machine, right? So SAT wise, Jenks says this is
• 46:17
  way better than what the general said.
• 46:18
  Yes. But again, it's different
• 46:20
  departments. This is the, this is a Treasury
• 46:22
  Secretary. So like obviously he's going to
• 46:24
  be more well versed on payments and, you know, economics and all
• 46:28
  of that stuff. The general, you know, he, he,
• 46:31
  he comes from the military, That's his career, right?
• 46:33
  But they're both saying the same thing, just on different fronts.
• 46:38
  1 is more from a military perspective and the other one is
• 46:42
  from an economic perspective. But what Scott Besson said is,
• 46:46
  hey, Bitcoin is going to play a key role in payments.
• 46:52
  That's what he said. So again, guys, like back to
• 46:56
  what I was saying in the beginning of the show, where do
• 46:59
  you think we're going to be 5 years from now?
• 47:01
  Like, where do you think we're going to be 5 years from now?
• 47:04
  I remember 5 years from five years ago, it was like, it was
• 47:07
  like the dark ages. It was like, it was like we were
• 47:10
  using a green screen. You know, the cameras were bad,
• 47:15
  like we thought we were going to the gulags.
• 47:17
  Like, you know, the previous administration, you can make a
• 47:21
  very good argument that the previous administration, they're
• 47:25
  anti like Elizabeth Warren's, like anti crypto army.
• 47:28
  Like you could make a good argument that that cost them the
• 47:30
  election, right? So, yeah, I mean, where, where,
• 47:35
  where do you think you're going to be 5 years from now, right?
• 47:37
  And again, like, even if the pendulum swings, because it does
• 47:40
  look like it's going to swing at least in the house and
• 47:43
  potentially in 2028, like even if the pendulum swings like, and
• 47:50
  This is why Elizabeth Warren didn't want the genius act to
• 47:52
  pass. Bitcoin is going to be so
• 47:55
  entrenched into the financial system and Wall Street is going
• 47:59
  to be benefiting so much from number go up technology.
• 48:03
  It, it's going to be impossible to convince the big banks, which
• 48:08
  happens to be some of the biggest donors, to walk this
• 48:11
  back. You don't tell BlackRock what to
• 48:13
  do. BlackRock tells you what to do.
• 48:15
  OK, so let's let's be real here, right?
• 48:19
  Like BlackRock, like if you guys want to know where all this ESG
• 48:23
  stuff and you know, all the other political stuff comes
• 48:26
  from, it's the fact that, that, that BlackRock and Vanguard,
• 48:30
  like they own every Fortune 500 company.
• 48:35
  BlackRock and Vanguard basically own a huge portion of that
• 48:38
  company, right? And they, of course, they hold
• 48:40
  it technically, they hold it on behalf of, you know, their
• 48:43
  clients and whatever. But BlackRock is the one with
• 48:48
  the voting rights. So they start making rules and
• 48:51
  shit. Do you think BlackRock is going
• 48:54
  to start voting against their bags?
• 48:56
  Do you think, like, do you think Trump's going to start voting
• 48:59
  against his bags? Like, like no one is better than
• 49:03
  their incentives. Guys like ultimately, like no
• 49:05
  one is better than their incentives.
• 49:07
  So like the more Bitcoin infiltrates and the more Bitcoin
• 49:12
  gets in the door into these institutions that under the Fiat
• 49:16
  standard, they were antagonistic and they seemed like there's
• 49:19
  this grand conspiracy. I would go down the Jeff Booth.
• 49:24
  I would go down the Jeff Booth rabbit hole and he makes the
• 49:27
  case very crystal clear. He says, listen, it's a system
• 49:30
  based on coercion. It's a system based on theft.
• 49:35
  So if you are not a benefactor of the Fiat system, which is the
• 49:39
  majority of society, you're looking at that system and
• 49:42
  you're like, wow, that system is bad, but it's the architecture
• 49:46
  of the system. So what happens when you fix the
• 49:49
  architecture of the system, which I would say Bitcoin
• 49:51
  definitely does that. Then all of a sudden your
• 49:54
  incentives are aligned with the lacks, with the likes of Black
• 49:58
  Rock, with the likes of Larry Fink.
• 50:01
  And that sounds like that sounds so crazy to say.
• 50:05
  That sounds crazy to say. But listen, all of this only
• 50:10
  comes true. And all of this only plays out
• 50:13
  if Bitcoin stays decentralized and secure, which means like if
• 50:18
  you're not running your own node right now, the the military beat
• 50:21
  you to it. OK, Like you should be ashamed
• 50:25
  of yourself. No jamming.
• 50:28
  Let's show you should be ashamed.
• 50:30
  Of yourself, if you're not running a node by now, like back
• 50:32
  in the day, it was like you can make an argument that it was
• 50:35
  difficult and like you'd have to buy like a Raspberry Pi and
• 50:38
  you'd put like a little SD card in it.
• 50:41
  And like there is like a technical jump and you can make
• 50:44
  an argument that it was somewhat difficult.
• 50:46
  Now there's literally plug and play solutions like you could
• 50:49
  literally buy a pre built node and you could plug it in.
• 50:54
  I think some of them even have Wi-Fi and boom, you're running
• 50:57
  your own node and then you connect your wallet to it.
• 50:59
  I it's, I wouldn't say it's the easiest thing to do, but it's
• 51:03
  doesn't require computer science degree either.
• 51:05
  It's the most. Important part though, it is the
• 51:06
  most connecting your wallet to it.
• 51:08
  Don't just run a node. You got to connect your wallet
• 51:10
  to the node so that you can verify your transactions because
• 51:13
  if. Not you're trusting someone
• 51:14
  else's copy of the of the blockchain.
• 51:16
  You might be trusting the US military's copy of the Bitcoin
• 51:18
  blockchain. He did say blockchain, so yeah,
• 51:23
  you should be running your own note.
• 51:24
  You should be running your own note at this point, right,
• 51:27
  'cause this is how we win. We win if enough people take
• 51:30
  self custody of their coins, and we win if Bitcoin stays
• 51:33
  decentralized and secure, if those two things remain true.
• 51:37
  That's it. Pack it up, game over.
• 51:43
  The one you're against? Bitcoin.
• 51:44
  You're against freedom. Stay away from this.
• 51:47
  The one thing that I kind of want to mention it. 700.
• 51:54
  Stop, stop. You're, you're disrupting the
• 51:57
  flow. First of all, obviously Scott
• 52:00
  Besson's response was way better than the generals, but Scott
• 52:03
  Besson is like an extremely smart financial dude.
• 52:06
  So I think he really understands what is at stake a lot better
• 52:09
  than the general. I mean, maybe the general has
• 52:11
  been listening to Jason Lowry. Maybe they're having these
• 52:13
  conversations and, and obviously as a military minded person,
• 52:17
  that's probably where his mind's at.
• 52:19
  Scott Besson is a financial guy. So obviously that's where his
• 52:23
  mind is. And personally, maybe I'm not
• 52:27
  the biggest fan of the framing of digital assets is going to be
• 52:31
  extremely important for payments because I think Bitcoin is much
• 52:34
  more than just payments here. But as we've been seeing for a
• 52:37
  long time, that is traditionally the view that a lot of people
• 52:41
  hold. It's like you got to embrace
• 52:43
  digital assets because of payments.
• 52:45
  Like we got to update our payments.
• 52:47
  That's what's going to be the killer app here.
• 52:50
  But what did kind of strike me was it did remind me of Kevin
• 52:54
  Walsh the other day at the Fed confirmation hearing, a Fed
• 52:57
  chair confirmation hearing, where Senator Lummis asked him
• 53:01
  what about digital assets? And he's basically like, what
• 53:03
  about it? It's already basically
• 53:05
  intertwined with the modern financial system.
• 53:10
  Like it's not going away. And so putting all of these
• 53:12
  things together. It's still very.
• 53:14
  Interesting to me that most people that aren't, you know,
• 53:17
  financially savvy, that aren't Bitcoiners, that maybe are just
• 53:21
  the average person on the street, they still look at
• 53:23
  Bitcoin as like I, I can fundamentally ignore this.
• 53:27
  But as we're seeing in the beginning of this year from
• 53:31
  almost every corner of I don't know how you want to say it, but
• 53:35
  of influence, everyone is starting to realize that you
• 53:38
  can't just ignore Bitcoin anymore.
• 53:40
  And that's probably to me like the biggest signal here.
• 53:43
  It's everyone saying, now we've been saying it here, it's simply
• 53:46
  Bitcoin for many years. Bitcoiners have been saying it
• 53:48
  for over 1517 years now. We're getting to the point where
• 53:53
  Wall Street started saying it a few years ago.
• 53:55
  Now we're getting the nation states official, we're getting
• 53:58
  military. Everyone's basically saying
• 53:59
  look. What's the?
• 54:01
  Satoshi quote, you probably want to get some of this in case it
• 54:04
  catches on and we are at the it's catching on point.
• 54:07
  So you know, if you don't have any Bitcoin yet, you probably
• 54:11
  want to get off 0 and start understanding what is going on.
• 54:14
  It's going to get a little crazy here soon, absolutely.
• 54:17
  And I also want to check out this poll.
• 54:19
  It's only 31 of you guys have voted so far but so relevant.
• 54:24
  72% of the 31 people have voted no to running their own notes
• 54:30
  dude. It's, it's literally hasn't
• 54:34
  changed since the last time we've done that.
• 54:36
  No, I think it's gotten worse. Probably got old yo.
• 54:40
  I think it used to be 5050. No, it was never 5050.
• 54:43
  It was like 6040 I think. Well, now it's 7030.
• 54:46
  I know. Well, it's also 35 people, so
• 54:49
  everyone vote a little more like we should.
• 54:51
  We should. Have launched it early on in the
• 54:52
  show. Apologies.
• 54:54
  Anyways, guys, we still got a ton of content for you guys
• 54:57
  left. We have an update on the Clarity
• 55:00
  Act and latest Alex Thorn wrote a piece on it, so let's check it
• 55:07
  out. Again, I think the Clarity Act
• 55:09
  is going to be very bullish from a price action perspective.
• 55:14
  So we're going to be right after the break.
• 55:16
  And again, if you guys want to support Simply Bitcoin, check
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• 58:46
  everybody, so let's check out this article.
• 58:48
  Opti just made me aware that he covered it yesterday, so I'm
• 58:51
  going to give it a different different take, and it's the
• 58:57
  clarity act. So first I do want to look at
• 59:00
  the odds. I love betting markets.
• 59:02
  I think betting markets are very accurate at predicting things
• 59:05
  because people actually have money on the line versus like
• 59:09
  polls and stuff like that, which can be compromised for political
• 59:12
  reasons. But the betting are betting
• 59:15
  markets right now there's half $1,000,000 in volume.
• 59:18
  So it's not tiny, but right now it has it down to 43% of the
• 59:25
  clarity Act's passing. So let's check out this report
• 59:28
  by Alex Thorn. Final push ahead.
• 59:33
  Odds of passage this year are roughly 5050.
• 59:36
  Uncertainty stems not from any single issue, but from the
• 59:40
  number of unresolved questions that must be settled in sequence
• 59:43
  under severe time pressure. So it goes on to say with time
• 59:49
  starting to run out on the 100th and 19th Congress calendar,
• 59:53
  comprehensive crypto market structure legislation is nearing
• 59:55
  the end game stage, which we've been reporting over the last
• 1:00:00
  couple of months. The Clarity Act passed the House
• 1:00:03
  in July 2025 with strong bipartisan support 290 four 234
• 1:00:10
  and has been the subject of intense Senate negotiations
• 1:00:13
  since January. The the Senate Banking, House
• 1:00:17
  and Urban Affairs Committee is expected to announce a mark
• 1:00:21
  appearing this week, likely for the last week of April.
• 1:00:24
  Three key issues remained unresolved, according to
• 1:00:27
  Chairman Tim Scott, stablecoin yield language, D5 provisions
• 1:00:32
  and securing all Republican votes on the committee.
• 1:00:35
  Several additional issues including the Blockchain
• 1:00:38
  Regulatory Certainty Act, treatment of non custodial
• 1:00:41
  software developers, ethics provisions related to government
• 1:00:45
  officials, crypto holdings, and SEC related concerns also
• 1:00:48
  remained live and could complicate the path forward from
• 1:00:53
  the Banking Committee markup. The bill must still clear a
• 1:00:56
  Senate, a 60 vote Senate floor vote.
• 1:01:00
  This is what I've been telling you guys.
• 1:01:01
  And be reconciled with the Agricultural Committee's
• 1:01:04
  version, be reconciled with the House passed bill and be signed
• 1:01:09
  by the president. Each step requires time on a
• 1:01:12
  rapidly diminishing legislative calendar.
• 1:01:14
  Clarity must compete for scarce Senate floor time against the
• 1:01:19
  Iran Military Military Authorization Act, the
• 1:01:22
  unresolved DHS funding standoff, and a backlog of nominations.
• 1:01:27
  On Monday, Punch Bowl Reporter that Punch Bowl reported that
• 1:01:32
  Senator Thom Tillis, a key negotiator on the Senate Banking
• 1:01:36
  Committee, called for delaying SBC markup until May.
• 1:01:40
  If that markup slips past May, the probability of the of
• 1:01:44
  enactment in 2026 will drop sharply.
• 1:01:47
  Senator Cynthia Lummus has warned that failure this year
• 1:01:49
  could delay market structure legislation until 2030 or
• 1:01:52
  beyond. And she's absolutely right.
• 1:01:54
  Why? Because again, that 60 vote
• 1:01:58
  threshold is very difficult. It's very, very difficult.
• 1:02:01
  Republicans don't hold 60 Senate votes.
• 1:02:04
  I think they hold like I think it's like 53.
• 1:02:07
  And it not all Republicans support the bill too.
• 1:02:09
  So it needs bipartisan support. So it needs Democrats to go
• 1:02:14
  across the aisle. And who sits on the Senate
• 1:02:17
  Banking Committee for the Democrats?
• 1:02:19
  Our favorite anti Bitcoin senator, Senator Elizabeth
• 1:02:23
  Warren, right? In our view, the odds of Clarity
• 1:02:27
  being signed into law in 2026 are roughly 5050 and possibly
• 1:02:31
  lower, though others at Galaxy are more optimistic.
• 1:02:35
  The uncertainty stems not from any single issue, but from the
• 1:02:38
  number of unresolved questions that must be said in sequence.
• 1:02:42
  Under severe time pressure, we spent last week in Washington
• 1:02:46
  meeting with key Senate and House members, administration
• 1:02:49
  and agency officials, and industry stakeholders to
• 1:02:52
  advocate for the bill's passage. This note contains our
• 1:02:56
  observations on those discussions, the key outstanding
• 1:02:59
  issues, and potential timing. So it is a very long article.
• 1:03:03
  I think I'm going to link it down in the YouTube description
• 1:03:07
  so people could go into it. I just kind of want to open the
• 1:03:10
  the conversation between me and Opti after giving the context.
• 1:03:14
  So I linked it on Rumble and YouTube for you guys to check it
• 1:03:19
  out. But yeah, listen, I've been
• 1:03:23
  saying this. I mean, Opti, like, let's be
• 1:03:26
  real here, bro. Like they passed that genius act
• 1:03:31
  very, very quickly. And the reason they passed that
• 1:03:34
  like Preston Pish, by the way, I have to give AI have to give a
• 1:03:39
  shout out to Preston Pish. He, he made an announcement.
• 1:03:41
  He Yeah, yeah. We, I was going to bring it up
• 1:03:43
  this morning, but we didn't get to talk about it, he made.
• 1:03:45
  Announced Preston Pish Let Absolute legends.
• 1:03:49
  He's been a huge advocate for Bitcoin.
• 1:03:51
  He's done amazing work. His podcast is incredibly
• 1:03:54
  famous. I'm sure you guys have are
• 1:03:56
  subscribed to it. Preston did make an announcement
• 1:03:59
  that he's stepping back from the podcasting game to focus on his
• 1:04:03
  family. So from one content creator to
• 1:04:07
  another, the Simply Bitcoin family wishes Preston all the
• 1:04:10
  best in this next phase of your life, man.
• 1:04:15
  No, Preston personally, he's an awesome individual.
• 1:04:19
  Big, big fan. So yeah, man, next man up.
• 1:04:24
  That's kind of how that's kind of how the work the content
• 1:04:27
  game, you know, works, man. It is a grind.
• 1:04:31
  Yeah, I need to step. Back and focus on my family too.
• 1:04:34
  It totally is a. Grind, so understand.
• 1:04:39
  But anyways, back to the topic at hand.
• 1:04:43
  Dude, I don't think it's going to pass me either.
• 1:04:46
  Why? Well, it's basically what that
• 1:04:50
  report said. And I I wait, wait, hold on.
• 1:04:53
  I I need to finish my thought on Preston.
• 1:04:54
  So Preston said this at Boltik Honey Badger.
• 1:04:58
  I said it on stage. The reason the Genius Act got
• 1:05:01
  passed so quickly is because it is essentially the propagation
• 1:05:05
  of the US dollar, right? It propagates the US dollar.
• 1:05:09
  Through stable coins through stable.
• 1:05:10
  Coins all around the world and of course that gives more
• 1:05:14
  influence and more power to the US government.
• 1:05:17
  A crypto native bill that incentive isn't as clear right.
• 1:05:22
  So there's more hang ups and because the country's so
• 1:05:26
  politically divided and this is where this is where I got a
• 1:05:28
  little bit upset with Trump like and with the Iran conflict.
• 1:05:32
  I think the Iran conflict took so much attention from his
• 1:05:36
  national agenda and his national agenda is where his,
• 1:05:39
  specifically his base in the youth.
• 1:05:43
  And I think the youth got a little bit demotivated, right,
• 1:05:49
  with another war starting in the Middle East because the national
• 1:05:53
  agenda is so important. Like I, I don't think a lot of
• 1:05:56
  people were really, I mean, I, I, I, I just, I don't think the
• 1:05:59
  majority of Americans had really this is what we voted for.
• 1:06:02
  I don't think the majority of Americans are were were really
• 1:06:04
  interested in another conflict in the Middle East.
• 1:06:08
  So that political capital instead of being spent towards
• 1:06:13
  the passage of the Clarity Act, that political capital was spent
• 1:06:20
  towards the middle, another Middle Eastern conflict.
• 1:06:22
  Now I love that that these comments are hilarious.
• 1:06:26
  I can't say this guys, but someone in the chat says, I
• 1:06:32
  don't think we need the clarity act.
• 1:06:34
  And that's actually interesting because Kent, the CEO of SaaS
• 1:06:37
  mining, Bitcoin mining as a service, go check out SaaS
• 1:06:40
  mining. He went, he came on the show, I
• 1:06:42
  think it was earlier on this week and he said like, look, I,
• 1:06:45
  I don't think it matters whether it passes or not.
• 1:06:48
  I think Bitcoin's going to be just fine.
• 1:06:49
  And like, regardless of the Clarity Act passing or not, like
• 1:06:54
  look at what the general's saying and look at what the
• 1:06:56
  treasury secretary's saying, right?
• 1:06:58
  So like, you know, I think it does provide the the problem is
• 1:07:03
  that like the way that the legislative process works,
• 1:07:06
  unfortunately, it, it, it's this giant bill that needs to be like
• 1:07:12
  put together that includes a lot of provisions where like like a
• 1:07:18
  bill, for example, just to protect self custody, right?
• 1:07:21
  Like on a legislative level, like if they just put a bill on
• 1:07:25
  the floor just on that specific topic, like it like, I think
• 1:07:30
  it'd be a lot easier to pass. So like, unfortunately Bitcoin
• 1:07:33
  is getting like kind of locked into broader crypto stuff.
• 1:07:38
  Like I don't care about Defy. Like I don't care about like
• 1:07:41
  yield on Coinbase. Like I don't really care about
• 1:07:45
  that. Like that doesn't really
• 1:07:47
  interest me. No, I care.
• 1:07:48
  About it literally like 0%. So it's like, it's unfortunate
• 1:07:54
  because it's like a lot of these things are like, you know, kind
• 1:07:59
  of locked in that I think a lot of people don't really care
• 1:08:07
  about. Like, like, if we're being
• 1:08:09
  perfectly honest, like I just don't think a lot of people care
• 1:08:12
  about that. But that's just how the
• 1:08:13
  legislative process works, right?
• 1:08:17
  So, yeah, I mean, that's my take on this.
• 1:08:20
  Opti, what's your take? I know you covered this
• 1:08:21
  yesterday. Yeah.
• 1:08:23
  And I'm just kind of kind of reiterate a little bit of it.
• 1:08:26
  And and the reason why I don't think it's going to pass is
• 1:08:28
  because it has been delayed so much.
• 1:08:31
  And I I forget the exact time frame here, but.
• 1:08:36
  Congress. Isn't going to basically be
• 1:08:40
  working on this bill or even considering this bill till, you
• 1:08:44
  know, whatever till the midterms happen, like until they're
• 1:08:47
  official. That's not how this works.
• 1:08:49
  They're basically going to take a break here pretty soon.
• 1:08:52
  Then they come back and then the midterms are basically in full
• 1:08:55
  force. And I don't think any new stuff
• 1:08:57
  is going to ever be considered on the table.
• 1:09:00
  And I I think the official like when they really take the
• 1:09:04
  longest break is like August, but then they take breaks and
• 1:09:06
  before before that. So damn bro.
• 1:09:09
  We we should be senators, dude. Like no.
• 1:09:11
  That's they don't want me there, no, but like like these.
• 1:09:14
  Breaks bro. Like it's.
• 1:09:15
  Yeah, I need actually. I should I do need a break, but
• 1:09:18
  as, as we've been covering for a while, it, it's obvious that the
• 1:09:22
  genius act got passed very quickly because of stable coins.
• 1:09:25
  Now this is, it's, it's been a big contentious battle because
• 1:09:29
  the banks don't want to essentially see this happen.
• 1:09:33
  And I, the more I see it delayed, Remember we were
• 1:09:36
  supposed to get it literally like this week.
• 1:09:38
  Now they're saying we're not even going to get the mark of
• 1:09:40
  bill till maybe next week, probably mid-May.
• 1:09:45
  It's just like that. It, I don't think it's going to
• 1:09:47
  happen. It the, the, the timing of this
• 1:09:49
  is just not going to work out. And I think probably the best
• 1:09:53
  clarity we're going to get is the SEC and CFTC rulings or them
• 1:09:58
  kind of, you know, that joint statement, that joint
• 1:10:00
  announcement, That's probably the best clarity we're going to
• 1:10:02
  get. Make it at the Bitcoin
• 1:10:04
  conference because they are going to be the head of the SEC
• 1:10:07
  and the head of the CFTC will be at the Bitcoin conference.
• 1:10:10
  They just announced the head of the FBI is going to be at the
• 1:10:12
  Bitcoin conference, Cash Patel. So that's interesting anyhow,
• 1:10:19
  did you did you see that news which.
• 1:10:21
  News. We'll save it for the.
• 1:10:22
  Culture. We'll be right back.
• 1:10:26
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  Anything on the store? All right, we're back.
• 1:12:07
  What's the name? What are you teasing here, I
• 1:12:09
  mean. The Southern poverty line.
• 1:12:14
  You're. Crazy.
• 1:12:15
  That was some crazy. You're crazy.
• 1:12:17
  That's some crazy stuff, huh? Yeah.
• 1:12:19
  It's almost like the psyops are at the largest scale ever and
• 1:12:25
  everything we know or think we know to be true is actually fake
• 1:12:29
  and the opposite. It's almost like we've been
• 1:12:30
  saying that for a long time. I mean.
• 1:12:33
  I, I think you guys are just this is not the show to get
• 1:12:36
  political commentary on this, but like what I will comment on
• 1:12:41
  it is that like I think that's the world under Fiat.
• 1:12:45
  I think it's a symptom of Fiat. Like I think a world on a
• 1:12:49
  Bitcoin standard like that type of stuff wouldn't fly.
• 1:12:51
  The opposite. The the opportunity cost of
• 1:12:54
  spending your Bitcoin to do stuff.
• 1:12:58
  The the opportunity cost of funding the people that you're
• 1:13:02
  supposedly fighting against, Yeah, I think to try to get.
• 1:13:05
  More Bitcoin just totally is not a good business plan.
• 1:13:08
  It's totally. Not going to work that hurdle
• 1:13:10
  rate is it's, you know, I'd much I'd much rather put my money in
• 1:13:14
  stretch, yeah, I don't think. You're going to get an 11 1/2
• 1:13:20
  percent return on that. Oh, I mean it is called the
• 1:13:26
  culture for a reason. So yeah, man, dude, everything
• 1:13:30
  is. Fake breaking news.
• 1:13:31
  Everything is fake. Everything is.
• 1:13:33
  Fake. But we knew that the money's
• 1:13:34
  fake so if the money's fake, everything downstream could be
• 1:13:39
  fake too. Look at the new simply Bitcoin
• 1:13:41
  merch. By the way, we haven't released
• 1:13:42
  this yet. Yeah, we.
• 1:13:43
  Haven't. Should I show the back?
• 1:13:47
  Why not? OK, I.
• 1:13:48
  Don't know how I'm going to do this.
• 1:13:49
  You're going to have to walk me through just.
• 1:13:51
  Turn around fat boy. No, no, go to towards the TVA
• 1:13:58
  little more should I? Do a live do the live shot no
• 1:14:02
  there. There, there, there, there.
• 1:14:02
  Go back, go back, go back. There we go.
• 1:14:05
  No, you can't. Oh, yeah, you can see it.
• 1:14:07
  Can't really see the words, but it's comfy.
• 1:14:12
  It's a little too hot in here. I don't know how you're wearing
• 1:14:14
  a hoodie. But anyways, Nico, you and I
• 1:14:16
  haven't been on the show for a couple of days.
• 1:14:19
  Yeah, How's it? Been horrible dude, I'm freaking
• 1:14:23
  no, I'm I'm a little black filled today.
• 1:14:26
  I'm I'm dude, I just overslept. I'm like, I just don't feel that
• 1:14:30
  good today. But we're here.
• 1:14:31
  You know that no one cares about my feelings.
• 1:14:33
  All they want is the content. They don't care about me.
• 1:14:35
  They just want to show. If you guys care about optimal
• 1:14:38
  pound the like button. Pound the like button no one
• 1:14:41
  cares about. Me, them just you know, we're
• 1:14:44
  here, but when how you feeling how you feeling right now in
• 1:14:47
  terms of in terms of where we are and price not not how you're
• 1:14:49
  feeling mentally, 'cause we're good, but where, where are we,
• 1:14:52
  Nico? I haven't had a.
• 1:14:53
  Weekend in two weeks. I have the Bitcoin conference
• 1:14:56
  coming up next week. I'm I'm racing super cars,
• 1:15:00
  apparently. So excited about that.
• 1:15:04
  Guess what? I'm going.
• 1:15:04
  To be doing this. So yeah, hold on, nothing that.
• 1:15:08
  Sounds so good. Hold on, hold on, hold on.
• 1:15:11
  I have not done that in three weeks.
• 1:15:13
  I have not had a weekend where like I've just not had to unplug
• 1:15:16
  because I had bitlock boom the weekend before and then the
• 1:15:20
  weekend before I had, I don't forget I had like something.
• 1:15:24
  Dude. We're decaying in real time all.
• 1:15:29
  Right now. Nico over under actually, what's
• 1:15:32
  your percentage? I'm I'm really going to take
• 1:15:34
  trigger the chat here. I do want to end.
• 1:15:36
  The poll though, hold on. I'm 159 votes.
• 1:15:39
  I want to. Trigger the chat here.
• 1:15:40
  Shame on. You guys, 159 people voted.
• 1:15:43
  Are you running a node? 77% said no, 23% said yes.
• 1:15:50
  So shout out to the 23% guys. There's literally a link in the
• 1:15:54
  video description goes to start 9.
• 1:15:57
  You can buy yourself like a pre made node and it's fantastic and
• 1:16:01
  it's literally plug and play and you're running a node.
• 1:16:03
  It's it's really that simple. If you don't run your own
• 1:16:06
  Bitcoin node. I'm just going to simplify this
• 1:16:08
  because a node sounds like maybe like kind of like me and like,
• 1:16:12
  oh, like, what do you mean running a node?
• 1:16:15
  It's just simple. You're running a computer that's
• 1:16:17
  running your own version of the Bitcoin software and you have
• 1:16:20
  your own copy of the Bitcoin blockchain.
• 1:16:21
  That's what a node is. It's that simple.
• 1:16:23
  You can do it on any computer. The reason you don't want to do
• 1:16:26
  it on your laptop is because it is resource intensive and you
• 1:16:31
  ideally want this computer running 24/7, right?
• 1:16:35
  So I would recommend getting a dedicated computer that's always
• 1:16:39
  running. You can put it right next to
• 1:16:42
  your router, right? And it's awesome because no
• 1:16:45
  matter where you are around the world, you can open up your
• 1:16:48
  Bitcoin wallet on your computer and it connects to your node at
• 1:16:51
  home via Tor, right? And that does a couple of
• 1:16:55
  things. You're trusting your own copy of
• 1:16:57
  the Bitcoin blockchain. You're not trusting someone
• 1:16:59
  else's. And then also the censorship
• 1:17:03
  resistant aspect of it, right? And then the privacy aspect of
• 1:17:06
  it. So like, if you are like, for
• 1:17:08
  example, you have a balance in yourself custodial wallet and
• 1:17:12
  you're connecting to someone else's node, that other node
• 1:17:15
  basically knows how much Bitcoin you have.
• 1:17:18
  And they, if you're not connecting it through AVPN or
• 1:17:21
  something like that, they know what your IP address is.
• 1:17:23
  So like for privacy reasons, another reason that you should
• 1:17:26
  be running your own node. And then for the
• 1:17:27
  decentralization of the Bitcoin network, you should be running
• 1:17:30
  your own node and you should be transacting.
• 1:17:32
  It's not just enough running your own node.
• 1:17:34
  You should be transacting via your own node.
• 1:17:36
  You should be an economic node. So because if not, you don't
• 1:17:42
  have a vote. Like it really comes down to
• 1:17:43
  that. Like like I see people talking
• 1:17:45
  about core verse knots, right? Like you don't have a vote in
• 1:17:52
  that if you don't have your own node because you can't choose
• 1:17:55
  which version of Bitcoin you want to run.
• 1:17:59
  Like it. It's like it just comes down to
• 1:18:01
  that. It's it's very black and white.
• 1:18:03
  My my. Explanation is way easier.
• 1:18:05
  If you don't run a node, you don't know if you actually own
• 1:18:07
  Bitcoin. Like full stop.
• 1:18:09
  You got to verify that you actually own Bitcoin.
• 1:18:11
  The only way to do that is by running a node.
• 1:18:13
  It verifies that you own Bitcoin.
• 1:18:16
  What is this? That's the whole thing.
• 1:18:18
  Nico would try to pay the Iranian toll.
• 1:18:21
  Dude that's just a good comment. That's.
• 1:18:25
  Just a great comment. Oh, man.
• 1:18:27
  Oh, man, That's hilarious. It's like top, top ten comments.
• 1:18:31
  Yeah, that's a good one. It's a really good one.
• 1:18:34
  Also factual. All right.
• 1:18:38
  I didn't even know. I didn't even know Litecoin
• 1:18:39
  still exists. I didn't even know that that was
• 1:18:41
  a thing. I thought Litecoin was like.
• 1:18:43
  I didn't even know that Litecoin is like a thing.
• 1:18:46
  There's still a Litecoin army out there, bro.
• 1:18:48
  Yeah. Like where are they?
• 1:18:50
  I don't know. It's just like who?
• 1:18:52
  Like I can't like who are they? Like I want to meet the even the
• 1:18:54
  guy the creator of Litecoin was like, I should have just bought
• 1:18:57
  Bitcoin. He's like.
• 1:18:58
  I I'm dumping on you guys, I'm buying Bitcoin.
• 1:19:00
  I should have just bought. Bitcoin, that's hilarious.
• 1:19:04
  Anyways, before we wrap up today's show, I did I've I have
• 1:19:08
  mentioned the Bitcoin conference a couple times.
• 1:19:10
  I will be there next week. I hope to see you guys in
• 1:19:12
  person. It is the biggest Bitcoin
• 1:19:15
  celebration of the year. If you haven't already done so,
• 1:19:18
  get your tickets now ladies and gentlemen.
• 1:19:21
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• 1:19:28
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• 1:19:46
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• 1:19:49
  it. So I hope to see you guys next
• 1:19:51
  week at the Bitcoin conference. While I'm at the Bitcoin
• 1:19:54
  conference, Opti will be holding it down here and.
• 1:20:02
  Negative Nancy, dude. I told I'm a little I'm a little
• 1:20:05
  blackfield today. I need to take a burnout.
• 1:20:08
  Yeah, I need. A content you know, you know,
• 1:20:10
  you know what I've been realizing every time I'm burnt
• 1:20:13
  out? It's just a biblical advice of
• 1:20:16
  just go take a nap and eat some food.
• 1:20:17
  You'll probably feel better. That's where I'm at, right?
• 1:20:21
  Now I need to eat some good food and take a nap.
• 1:20:23
  Yeah, anyways. We love you guys.
• 1:20:28
  Smash the like button, consider subscribing and we'll see you
• 1:20:31
  tomorrow for another episode of Simply Bitcoin Live.
• 1:20:37
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• 1:20:40
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• 1:20:43
  independence.