Latest / Simply Bitcoin / 9 Predictions For Bitcoin in 2025 That Might Surprise You! | EP 1151

Transcript

9 Predictions For Bitcoin in 2025 That Might Surprise You! | EP 1151 · Simply Bitcoin

0:00
Yo, while everybody is making the same old predictions for
0:04
Bitcoin in 2025, today we're going to be bringing you our 9
0:07
predictions for Bitcoin in 2025 with a couple of big surprises,
0:12
couple of speculations on my part.
0:13
But you know, here at Simply Bitcoin, Nico and I have seen a
0:17
lot of Bitcoin predictions fail over the last eight years we've
0:21
been in the Bitcoin space. So today we're going to be
0:24
breaking down what we believe is coming for Bitcoin in 2025.
0:28
And some of these, you know, might be surprising.
0:31
And of course, I'm going to speculate a little bit of what
0:34
is coming next in 2025. Some of these are going to be, I
0:38
think, you know, very easily accomplished.
0:40
And the other ones, you know, the big kahunas might be the
0:43
ones where I'm speculating. But let's begin with some of
0:47
these speculations, some of these price predictions for
0:50
2025. Also.
0:51
Happy New year, guys. We made it one more year and of
0:54
course I am here with my Co host Chris Alemo, the one and only
0:58
friendly neighborhood Bitcoiners.
1:00
Nico had a little too much fun over at the Sailor 100K New
1:03
Year's Eve party, so he's not here with us today.
1:06
You know he's being an influencer.
1:08
Anyways, let's start with #1 this one I think might be a
1:12
little bit of speculation here, where I think Bitcoin goes to
1:16
250K or 300K with or without an SPR.
1:20
We've been hearing a lot of talk right now in the Bitcoin space
1:23
and from corporate press saying that, oh, you know, if Bitcoin
1:27
gets the strategic Bitcoin reserve from Trump, it will go
1:30
to 150 K. I'm still just a classic
1:33
bitcoiner. I think it's a halving cycle
1:35
thing. I think the halving cycles will
1:37
continue. And I think 250 to 300 K is a
1:42
reasonable top here. I, I'm, I'm suspecting we are
1:46
going to get a blow off top and I'll cover that a little later.
1:48
Now my number two, this one might be a big one and this one
1:52
might be a little early guys. My second prediction is I think
1:56
a world superpower begins printing Fiat to buy Bitcoin.
1:59
Now, of course, everyone's, you know, top of the idea here.
2:04
You know, everyone's first pick is obviously the US and that
2:07
might be the case this year. We'll see a lot of people are
2:10
saying and that we might not even get a strategic Bitcoin
2:12
reserve. But personally, I think 2025 is
2:15
going to be a year where we see the Fiat money printers turn on
2:18
to buy Bitcoin. As we are seeing, Fiat
2:21
currencies are losing their hold on the world and it seems like
2:25
2024 had a huge foundation headed towards Bitcoin and it
2:29
seems like it might be a year of coin money printing from the
2:36
Fiat places. OK #3 multiple G20 nations
2:40
implement SBRS. We've been hearing these
2:42
conversations. They've been talking about it.
2:45
A lot of big names are coming out.
2:46
I think next year we're going to see the Domino's fall as well.
2:49
I think next year is going to be one of those years where we have
2:53
a gradually then suddenly moment.
2:55
I think we are going to see these SBRS to very quickly as a
3:00
Domino's fall moving forward #4. Top corporations of the world
3:05
announce Bitcoin on their balance sheet.
3:06
And by top, I mean, you know, the Apple, the Microsoft, the
3:09
Amazons of the world. We saw the Microsoft
3:11
shareholders do a, a measly 1% vote for a Bitcoin on the
3:16
balance sheet. I think 2025 is the year where
3:19
we see the biggest corporations in the world add Bitcoin to the
3:23
balance sheet. I'm betting on that one very
3:26
easily. I think, I think it's going to
3:28
be the year, maybe towards the end of the year, but I think we
3:32
are going to see that one play out #5 five, again, the fasby
3:36
rule change goes into place this year and that's going to make
3:41
companies holding Bitcoin explode.
3:43
We have about 140 right now. I think that's going to double.
3:47
And really realistically that might even triple.
3:49
So I'm being conservative here. We have about 140.
3:52
I think we will see over 300 companies holding Bitcoin by the
3:56
end of 2025. I think this is going to catch
3:59
on like a wildfire. Now number six, this one's, you
4:04
know, on the on the negative side, I think we're going to see
4:08
more regulatory crackdowns in the EU against Bitcoin.
4:11
I think Europe is going to continue to fight Bitcoin even
4:14
though there is some grumblings about European countries,
4:18
European Union starting to kind of favor Bitcoin a little bit.
4:22
They're kind of talking about Bitcoin adoption.
4:24
But I think the, you know, my ex-girlfriend, Christy Lagarde
4:28
out there at the ECBI, think they're going to continue to
4:30
clamp down on Bitcoin. As we've seen with the European
4:33
policies this whole year, it seems like they are doubling
4:36
down on trying to stop the adoption of Bitcoin.
4:39
I think that's going to continue, though it could change
4:42
if we see some very clear and good regulatory policies in the
4:47
US. So if the US kind of leads the
4:50
road with very favorable policies, then maybe the EU will
4:54
have to capitulate. But from what I see right now,
4:56
the trajectory I'm seeing, I think the EU is going to
4:59
continue to fight Bitcoin and have fun staying poor now #7
5:04
this is where I think, you know, the having cycles are intact.
5:08
I think we are still going to see a 2017 style bull run with
5:12
Main Street interests. That means, you know, everyday
5:15
people I think are going to come back into Bitcoin.
5:18
We never got the blow off top in 2021.
5:21
And I think we we're going to see a lot of pent up demand in
5:24
this bull run. Obviously, as I predicted in the
5:27
first one, I think we're going to see a roughly 250K ish
5:31
Bitcoin price. And with that, it's not just
5:34
going to be the institutional capital.
5:36
I think we're going to see millions of people come into
5:38
Bitcoin like it was in 2017. I think we are due for a 2017
5:42
style bull run. I think we're going to see
5:45
Bitcoin start to saturate the culture.
5:47
You know, your, your cousins, your brothers, your mother's,
5:50
your friends, they're all going to start to look at Bitcoin very
5:53
seriously as it makes a run out of the 100K figure, as it starts
5:57
making, you know, a double or a triple.
5:59
I think a lot of people are going to come out of the
6:01
woodworks and they're probably going to be buying some tops.
6:04
That's, that's my view here now #8 you know, shouts out to
6:09
Matthew J in the chat. He's been beating this drum
6:12
depending on the numbers you see.
6:13
But I think Bitcoin hash rate is going to continue to climb.
6:17
I think we saw one Zeta hash peak this year in hash rate.
6:21
I think, you know, I, I put a little question mark here.
6:23
We might see it double next year.
6:25
Maybe. You know, we're already hitting
6:27
that, that top of the threshold. And I'll actually like Chris to
6:30
jump in here a little later on that one, but I'm going to say
6:33
1.5 Zeta hash for the Bitcoin hash rate next year, or rather
6:38
this year. Sorry, I'm, I'm still in 2024.
6:40
And I think we're going to see even more countries start to add
6:44
Bitcoin mining setups, use their excess energy to mine Bitcoin.
6:48
And remember, we saw Bhutan do this.
6:50
Their a third of their GDP is because of Bitcoin mining.
6:53
It's it's incredible. And I think we're going to see
6:55
that catch on, even though we will see nations like the
6:59
European Union fight Bitcoin energy usage.
7:02
You know, where there's a constant FUD about, but we're
7:04
going to boil the oceans, etcetera, etcetera.
7:06
But I think Bitcoin hash rate is going to continue to climb.
7:09
And then of course, the very last one, which is I think a no
7:12
brainer, this one's probably going to, it's already happened.
7:15
I think this is going to continue, but the ETF, the
7:17
Bitcoin ETFs will continue to outperform everything, gaining
7:20
more institutional interest in capital.
7:22
Again, 2024, the launch of the Bitcoin ETF fundamentally
7:27
changed the game and the trajectory of Bitcoin.
7:30
Institutional capital is finally able to get freed and go into
7:33
Bitcoin. Yes, it's just Bitcoin exposure
7:34
closure, but by the end of the year, Bitcoin was literally the
7:38
best performing Bitcoin ETF ever.
7:40
It's outperformed gold ETFs. There's more interest in Bitcoin
7:44
than gold ETFs. And so I think that's going to
7:47
continue and you know, maybe adding one more here with these
7:50
price run run up, maybe we're going to see Bitcoin start to
7:54
eat away more in that gold market cap.
7:55
Maybe, you know, we're at 10K or 10% right now.
7:58
Maybe we get up into the 2025% of the gold market cap, which
8:02
means number goes up. But the most important,
8:04
important to me, Chris, I think is the number 7/20/17 style bull
8:08
run. I am most interested to see a
8:11
lot of people start to adopt Bitcoin.
8:13
That's what we're here is to have the adoption of Bitcoin on
8:17
a grassroots level. Yes, I'm excited for
8:20
institutional capital to get into Bitcoin.
8:22
And yes, the developments in a strategic Bitcoin reserve are
8:25
interesting. And of course we all love to see
8:28
number go up. But I'm, I really want to see
8:30
more people holding Bitcoin. I really want people to start to
8:34
save Bitcoin, downloading Bitcoin wallets, running nodes.
8:38
That's the most important thing here.
8:39
As Nico always says on the show, there's two things going on.
8:43
There's the Bitcoin price rise, the number go up aspect of this
8:46
and then there is Bitcoin, the revolution and that is taking
8:50
Bitcoin into custody, saving in Bitcoin transacting in Bitcoin,
8:54
as you know, we would argue is the real real reason for Bitcoin
8:58
is to protect your purchasing power and of course, transact
9:02
freely worldwide 10 minute settlements.
9:05
This is the way and I think this is going to happen as the price
9:08
starts to run. So I'm very excited for 2025.
9:11
I think 2024 was one of those years of just laying the
9:14
foundation the bricks. I think the the Overton window
9:17
around Bitcoin has fundamentally changed and again, I, I think
9:21
this time is different, though, you know, I, I do, I do think I
9:25
need to pull this up real quick. I I know everyone yells at me
9:28
all the time of simply speculating, but let's just look
9:32
at the, you know, one year chart on Bitcoin.
9:36
It's absolutely beautiful. What a beautiful chart here.
9:39
And if it follows suit, you know, 3 green, one red, 3 green,
9:43
one red. It looks like we are in for one
9:46
more green year and then we'll probably get a correction in
9:49
2026. But hey, what do I know?
9:52
I am just over here watching Bitcoin every single day.
9:56
Everyone's saying in the chat, win one mil.
9:58
I don't know win Infinity. I don't know, man, I'm being
10:01
conservative here. It's the start of the year.
10:04
I want to look back at these predictions and and hopefully be
10:08
pleasantly surprised on this by the end of the year.
10:10
So obviously, you know me, I'm bull tarted.
10:13
I, I think we'll get to those numbers quicker than we think,
10:17
but I think a conservatively, and I've been saying this pretty
10:21
much since the beginning of last year, that the 200 to 300 K
10:25
range seems to be very, very attainable this time around.
10:29
And now with all the things that we've seen, all the
10:32
developments, I think that that is honestly a very conservative
10:36
price, you know, prediction for Bitcoin in 2025.
10:40
Anyways, Chris, you want to chime in here, Maybe you can add
10:44
a couple Bitcoin predictions. Do you think these predictions
10:47
are even predictions? It's almost like I'm just like
10:50
reading what's going to happen, though for a lot of people, they
10:54
still think we're crazy and we don't know what's going on.
10:56
And we're like, no, I, I think most of these things will
10:58
happen. So we're at you surprised by any
11:01
of those predictions, Chris, or do you want to add a few?
11:04
No, not surprised. I think they're good
11:05
predictions. I don't want to say Merry
11:06
Christmas. Happy New Year to everyone.
11:08
Thanks for spending the time with us today, Opti.
11:10
If you don't mind pulling them up just so I can just reference
11:12
them the the 9. Yeah, yeah, I got you.
11:14
I got you. All right, don't call me a bear
11:17
in the chat Opti already or the chat I don't.
11:20
I'm saying Bitcoin goes to about 180 this cycle.
11:23
All right, wait. Kick them off.
11:25
Kick them off. I'm I was being more
11:27
conservative just because I didn't want to get caught in
11:29
last time. You know, when we were saying
11:31
we're going 100K in the 2020 cycle and then we didn't get
11:35
there, we crashed. Everyone was Boo hooing.
11:37
So I'm saying 180, anything above it.
11:39
I won't be surprised if we go higher, but I'm just, I'm
11:42
keeping it tame on my side. I'd say like 180 and and when we
11:46
breakthrough anything higher, I'll be ecstatic.
11:48
And yeah, people are calling me bears in the chat.
11:50
I get it. One bitcoins, one Bitcoin.
11:52
So that's that's my notion. Yeah.
11:54
What is this pricing in Bitcoin in Fiat terms anyways?
11:57
No, no, we just want to do Bitcoin.
11:59
That that's the goal that it doesn't matter the Fiat price
12:02
buying forever as long as they accept my Fiat otherwise like I
12:05
do work. I do think obviously, I think I
12:08
was talking with Nikko a couple weeks ago when I was on the show
12:11
and I think this cycle is very interesting because obviously in
12:14
2020 we saw micro strategy, we saw, you know, block, we saw
12:18
Tesla, we saw these companies coming and adopting Bitcoin and
12:21
we kind of thought the 2020 through 2024 cycle would be
12:25
companies buying Bitcoin on their balance sheets.
12:27
And yes, we've seen a few more. We've seen rumble, we've seen
12:30
similar scientific, we've seen metaplanet out of Japan, but I
12:34
think a lot more people thought the Microsoft, the Apples, the
12:36
Googles, the all the bigger companies were going to come.
12:39
I think we've almost like gotten to a point where it was like,
12:41
yo, they knew about it. They were on four year notice
12:44
and they didn't get into it for whatever reason, maybe political
12:48
reasons, maybe not understanding the regulatory environment,
12:51
maybe the career suicide they're worrying about like losing their
12:54
jobs. But whatever the reason, it
12:56
seems that we've leaped to nation state adoption.
12:58
Obviously Sailor adopted in 2020.
13:00
We saw El Salvador adopted in 2021.
13:03
Then we saw Central African Republic and a few other smaller
13:05
nations. But I think now we're getting to
13:06
the point Russia, China and USA are all talking about 3 big
13:10
superpowers. Obviously Trump has talked about
13:12
a strategic Bitcoin reserve. Cynthia Alumnus.
13:15
Like it seems like we're going in that direction.
13:16
So it's like you had four years and you had your chance and it
13:19
seems to kind of be gone. I do think multiple G20 nations
13:22
will implement SBRS. It'll be interesting to see
13:25
Argentina's an S20G20 nation. Obviously in our lifetimes,
13:30
Opti, we've seen Argentina hyperinflate I think 4 or maybe
13:33
even five times in a 30 year window.
13:35
So it would make sense. Obviously with Javier Malay in
13:38
office there, it make what would make sense.
13:40
He's more libertarian, he's more free market capitalism.
13:43
He's been reducing government spending, maybe with excess
13:46
reserves from tax revenue, putting that into Bitcoin as
13:48
restricting return for Argentina would make a ton of sense.
13:52
I do think top corporations will announce, but I think they will
13:55
be laggards. So like I do think like, hey,
13:58
when the US is finally like, hey, we're buying and then all
14:00
of a sudden Apple's like, hey, crap, like maybe this is a
14:03
freeway to pump up our balance sheet.
14:04
But like we're almost a little too late.
14:05
Like the news is kind of already priced in, but we'll see.
14:08
I do think Fazbe accounting rules will make it.
14:11
So there's actually one point that I want to talk on this one.
14:14
So right now Opti, you know like zombie companies, like 25% of
14:18
the companies in S&P 500 or zombie companies, meaning that
14:20
they are not making enough revenue to make their debt
14:23
obligations or payments on the debt that they have outstanding
14:26
on their balance sheets. So the way that they do that is
14:28
normally they go to the market and either dilute their shares
14:30
by selling more shares to the market or get a new loan to pay
14:33
off the old loans. So I think with an updated FASPI
14:36
accounting rules where like we're seeing micro strategy get
14:39
added to the QQQ or the NASDAQ, that means that the zombie
14:42
companies will start to be wiped out of the S&P 500 index.
14:46
And that is like a cascading loop.
14:48
So as companies put Bitcoin in their balance sheets or their
14:51
good stewards of capital on their balance sheet and income
14:53
statements that they will be added to the S&P 500 and the
14:57
NASDAQ and they'll be bumping out these zombie companies.
15:00
And then it's almost kind of like, I hate to say like end
15:02
game for the zombie companies, but like basically the reason
15:05
that they're able to prop up their their like the zombie Ness
15:08
of their company or keep propping up their balance sheet
15:10
and company altogether is that they have the ability to go to
15:12
public markets and they have passive flows from everyone from
15:15
their IRA to four O 1 KS to four O 3 BS passively every month
15:19
buying their stock, whether it's good or bad, because that's just
15:22
the way that it's set up to have a gigantic index of all these
15:25
companies. And they're maybe to keep this
15:27
Ponzi scheme going on longer. So I think as the zombie
15:30
companies get wiped out or they don't want to get wiped out,
15:33
they either put Bitcoin in their balance sheet to earn, to prop
15:35
it up to stay in the index, or they get wiped out.
15:38
And we actually have true a cost of capital through the pricing
15:41
of Bitcoin allowed to rotten allow good companies and
15:44
profitable companies rise to the top.
15:46
Like you can't have this forever money printing Ponzi scheme of
15:49
let's print cheap money or low interest rates in order to prop
15:52
us up to keep us in the top companies in the world.
15:55
Like I do think that Bitcoin will be the true pricing
15:57
indicator as a hard money in order to get companies to and
16:01
and true investing back into it. Not just like we're passively
16:04
going to buy these 500 companies and you know, we're going to
16:07
keep propping it up with cheap debt and like cheap interest
16:09
rates. I hate to say it.
16:11
I think your girl Christine Lagarde in the EU is going to
16:14
make things more difficult. I mean, she's even, she's even
16:17
telegraphed this. She's like, we need to stop all
16:19
exit hatches. You know, if there is an exit
16:21
hatch, they will use it. We obviously as Bitcoiners see
16:23
Bitcoin as that exit hatch they have man.
16:27
I have not been following it well as well, but I know like,
16:29
what is it? The Mica restrictions, the
16:31
MIGMICI regulations where basically they're trying to dox
16:35
people's wallets. Obviously them along with the
16:38
IMF have tried to put hosted and unhosted hosted wallets as well,
16:41
as well as FinCEN. You know, I've talked about
16:43
unhosted or hosted wallets where us in the Bitcoin and I will say
16:47
crypto community at large. I know I'll come in with us.
16:50
But like hosted and unhosted wallets is, is not a real term.
16:53
It's not a cryptographic term. It's kind of a bureaucratic term
16:56
trying to be placed on top of it in order to make rules and like
17:00
basically to pick winners and losers and to try and docks
17:03
people's privacy and make things more difficult for individual
17:06
users to self custody and take it on to their own, take Bitcoin
17:10
into self custody themselves. 2017 bull run Opti.
17:14
I'll keep you up on screen. I'm bullish for this.
17:15
I definitely do think this is going to happen.
17:17
Obviously, we've talked about you, me and Nico have all talked
17:22
about China's mining ban. We've seen that the hamper
17:25
basically what we thought 2020 could be with in April of 2021
17:29
when they banned Bitcoin mining and it made it more difficult.
17:32
Obviously it was propped up with FTX, Celsius, Voyager all and
17:37
and the block fives of the world three hours capital as well.
17:40
So the China mining ban on top of all of this free capital or
17:43
cheap capital trying to prop it up and basically print more than
17:46
21 million Bitcoin in the sense of that they have.
17:49
They were taking loans and basically propping up
17:52
artificially inflating it with Fiat money printing once again
17:55
to be more than 21 million Bitcoin in terms in Fiat terms
17:59
in order. And then that obviously got
18:00
washed out in 2020 in the tail end of 2022 and 2023 hash rate
18:05
will continue to climb. I know our boy Tatum and Adam O
18:10
had a bet, I think by January 3rd.
18:13
So proof of key day. Proof of key's day or
18:16
technically when the Bitcoin network was launched in January
18:19
3rd of 2009, they had a deal that I think will be over one
18:22
Tera hat or one they'll be at one Zeta hash, which is 1000
18:26
Ecta hash, I believe Ectaeh hash, Ecta hash.
18:31
I don't think Tatum's going to win this bet.
18:32
So I think Adam O was was taking the bear side side.
18:35
I mean, we're going to be close. We're at like 800 and 38150 Ekta
18:39
hash, but it needs to be 1000. I do think the hash rate's going
18:44
to climb. And I'll add one more thing.
18:45
I don't really have much for the ETFs, but it gets to that point
18:49
where if we start printing money in order to buy Bitcoin, but
18:52
then you run out of Bitcoin to buy or I hate to say run out of
18:56
Bitcoin to buy, there will always be price meets demand.
18:59
So people will be willing to sell them to the market.
19:00
But like, you know, if they start clawing Bitcoin off
19:03
exchanges left off Coinbase base as the US tries to put it in
19:06
just reserve or China or Hong Kong or Russia or buying from
19:10
all these exchanges. The only way to get Bitcoin when
19:14
price is not meeting demand or like the price is rising but
19:17
people aren't willing to sell is to be able to prop up your
19:20
mining of your country or nation, meaning that they will
19:23
be using cash. Like hey shit, like it's very
19:25
hard to get the amount of Bitcoin that we want.
19:28
So the only best thing to do is to prop up mining infrastructure
19:32
by buying machines or trying to get computers plugged in and
19:36
getting chips in order to mine your own Bitcoin and like have
19:39
your own operation running. So you compete.
19:42
And this is a little bit of software.
19:43
I know Max Keiser's talked about this is global hash rate in
19:46
order to compete as a strategic reserve.
19:49
You know, as we see water, as we see oil and gas, as we see, you
19:53
know, bullets, as you see all these different things, gold,
19:56
they're going to be mining or computers or machines or servers
20:00
in order to prop up the mining infrastructure of a nation,
20:03
especially if they have cheap energy.
20:05
That they could use Fiat money printing in order to subsidize,
20:07
I hate to say this, but subsidized their mining
20:09
operations or their energy costs in order to be a world player
20:13
when it comes for competing for Bitcoin.
20:15
Obviously long term, I don't think you can prop up with Fiat
20:18
mining or Fiat printing. But I do think in the short
20:20
term, countries are going to do this in order to get machines,
20:23
in order to get electricity, in order to do all these things in
20:26
order to compete to try and build their stockpile of Bitcoin
20:29
reserves. I don't know if that's going to
20:30
be in 2025 per SE, but I do think in in the short to medium
20:35
term that will be the case. Yeah, man.
20:37
It seems like 2024 was definitely a foundational year.
20:41
I mean, some people have been calling 2024 a legendary year
20:44
considering all the stuff going on and bitcoins basically being
20:47
talked about the highest levels now, you know, bitcoins like
20:50
it's essentially matured at this point.
20:52
What it's 15 years old. We're going on 16.
20:56
It's you know, it's a teenager, it's going through.
20:58
It's it's weird, weird, non talking, you know, emo stages
21:03
and they're trying to grow up and become an adult.
21:05
And it's seems like things are starting to heat up.
21:08
And on the flip side, I mean, Chris, we were talking about
21:10
this before, like as Bitcoin goes higher and higher in number
21:15
and it starts to saturate the culture, like the stakes are
21:18
getting higher and it seems like we're starting to enter those
21:20
very high extreme stakes now. And I think it's more important
21:23
than ever for us to be vigilant. Of course, we love number go up,
21:26
but it's also important we try to get Bitcoin into the hands of
21:29
people. And that's how we can protect
21:31
ourselves is by enough people holding Bitcoin that they can't
21:34
actually attack us all. But yeah, jumping Chris.
21:39
Yeah. One more thing, So Opti, so
21:40
obviously MicroStrategy sitting at what 400 and 64150 Bitcoin, I
21:46
guess we can pull it up on Bitcoin treasuries real quick.
21:49
But do you my question to you Opti is, and this doesn't have
21:53
to be a 2025 thing, but do you think any publicly traded
21:57
company has the ability to pass MicroStrategy and their balance
22:01
sheet of like? 460 I think.
22:07
The amount of Bitcoin 446, so 446.
22:11
So really there's only a few companies and that's valued at
22:15
62 billion. So the really the only companies
22:18
that have enough cash on their balance sheet to do this are
22:20
like Berkshire Hathaway, Apple, Google, NVIDIA, maybe NVIDIA
22:24
probably doesn't even have that much cash on hand.
22:26
Microsoft, like do you think one of those companies is like,
22:29
fuck, we're coming in over the top, we're buying 100 billion
22:31
and then we're going to have more than than Microsoft?
22:34
No, but it's a question to you. Like do you think if they've
22:36
reached a scale Cape velocity or do you think one of these big,
22:38
you know, top 20 countries do? Well, personally, my I like my
22:44
easy answer is I think micro strategy is like, I don't think
22:48
anyone's gonna be able to catch up with him personally.
22:51
That's like my gut feeling. But when you kind of throw out
22:54
those numbers, if someone you know smashed bought like 100
22:59
billion, obviously the price is going to keep going up.
23:01
But if they have that much conviction, then maybe, maybe
23:05
they can come close. So I don't know necessarily if
23:08
they are at escape velocity. But when you look at those
23:11
numbers, it is kind of it's kind of just mind blowing how much
23:14
Bitcoin they actually have. And it really feels like no one
23:16
can catch up to them. But again, if one of these big
23:20
corporations just smash buys a couple 100 billion, then maybe
23:24
they can catch up to sailor and micro strategy.
23:27
My, my one thing is, and I know this is kind of a contrarian to
23:30
say, I think there's really only one company that can do it.
23:33
And I say this, you know, I know they're not the best company,
23:35
but Meta or Facebook, because Mark Zuckerberg is the founder
23:39
CEO still there. Obviously Amazon, Jeff Bezos,
23:42
you know, is now chairman of the board.
23:44
All these other companies, like their founders are no longer
23:47
running the companies. Google's no longer run by their
23:49
founders. And I guess NVIDIA could, but
23:51
they're kind of cash strapped. I think the only one that really
23:54
makes sense is Meta. Obviously, you know, he's got 2
23:56
goats, one is named Max or Maxi and the other one is named
23:59
Bitcoin. I'm just saying he's kind of
24:02
seems to be going through his base arc of like, you know,
24:04
doing Brazilian Jiu Jitsu and shit.
24:06
But I think Zuckerberg's probably the only one.
24:08
I assume he has Bitcoin on his personal balance sheet, but
24:10
whether he takes the leap on Meta Meta to to like buy on
24:13
their personal balance sheet, I really think that's like the
24:15
only company that like he could have like overwhelming support
24:18
for the board, you know, being the founder CEO that like, hey,
24:21
this is the direction we're going.
24:22
Do I think he does it? I don't know.
24:24
Let's call it a coin toss 5050 split.
24:27
But I do think like we're basically at the point that
24:29
unless one of these Big 10, Big 20 companies make a leap to do
24:32
it, I don't think micro strategy is going to be passed as a
24:34
publicly traded company in terms of Bitcoin balance.
24:37
Reserves, well, I'm looking it up real, you know a little
24:40
perplexity AI here, they do have $256 billion in assets, but I
24:47
don't think that that is all just cash so.
24:52
They probably, they're probably close to a hundred 100 billion,
24:55
probably 110 billion cash and cash.
24:57
So as of September 2020, fourth, the company reported 91 billion
25:02
in current assets typically include cash, cash equivalent,
25:05
short term investments and other liquid assets.
25:07
So I would have to be a huge liquidation for Meta and they
25:11
just, you know, they'd have to have high conviction levels to
25:14
even catch up so. And, and The thing is, it would
25:18
be close too, because you have to talk exactly like if you're
25:20
putting in a, if you're putting in 90 billion, it's like the
25:22
price is going to gap up to meet that.
25:24
So I don't know it it would be close, but I really think like
25:27
micro, micro strategy has kind of reached escape velocity.
25:30
Yeah, it I think that's kind of my gut feeling like I think I
25:35
don't think anyone's going to catch up, but hey, you know
25:37
someone wants to come into the market and buy 100 billion, I'm
25:40
sure, I'm sure that's going to mean some good things for our
25:43
bags. Now, what's that mean overall?
25:46
When? When does our boy Jerome start
25:48
up the money printer and just. Like 2025 for sure.
25:53
All right, all right guys, we got a long show for you guys,
25:55
but before we do, we got to pay some bills here, of course,
25:58
shouts out to our lead sponsor Bitcoin.
26:00
Well, go to bitcoinwell.com. They are enabling independence.
26:04
Make sure you are buying Bitcoin from Bitcoin only companies.
26:07
And the reason we love Bitcoin Well is because it is automatic
26:10
self custody by default, which literally means you need to have
26:14
a Bitcoin wallet to buy Bitcoin from from them.
26:17
It also means they never hold the Bitcoin there so you are
26:20
never going to get rug pulled. Go sign up to Bitcoin Well and
26:23
use the promo code Simply BTC and start stacking Bitcoin now
26:28
moving forward. Of course, they also have the
26:31
Bitcoin Well Infinite product. If you are a person out there
26:35
that wants to smash by 50K or more Bitcoin at a time, get in
26:39
touch with the Bitcoin Well Infinite team.
26:41
They will do a white glove service.
26:43
Get yourself some OTC over the desk Bitcoin and they will make
26:47
sure that you are walk through the process and you can buy huge
26:50
chunks of Bitcoin and they have a great incredible service.
26:54
You'll have, you know, your own personal Rep, but e-mail
26:57
nico@bitcoinwell.com if you are interested in that.
27:00
Now moving forward, guys, let's get into the show because we got
27:04
a lot to talk about. I want to tell you guys about
27:14
our sponsor stamp seed. Is your Bitcoin and cold storage
27:19
really secure? Are your seed words really
27:22
secure? Stamp Seeds Do it yourself kit
27:25
has everything you'll need to hammer your seed words into
27:29
commercial grade titanium plates instead of writing them down on
27:34
paper. Don't do that.
27:36
Paper sucks. You want to literally stamp your
27:39
seed into to this plate of titanium.
27:42
Your words are actually stamped into the metal plate with this
27:46
hammer. So once your words are in, they
27:49
aren't going anywhere. No risk of the plate breaking
27:52
apart and your pieces falling everywhere.
27:55
Titanium stamp seeds will survive nearly triple the heat
27:59
produced by a house fire. They are also crush proof,
28:02
waterproof, non corrosive and most importantly because this is
28:06
generational wealth time proof, all things that paper is not
28:13
allowing you to huddle your Bitcoin for the long haul.
28:16
I mean, here is the plate that they crushed, they put in water,
28:21
they put a blowtorch to it and as you can see, the words have
28:25
survived. Stamp your seed on stamp seed
28:28
and you can use promo code simply to get 15% off anything
28:33
on their store. All right, guys, of course, scan
28:38
the QR code. Wait there, wait there and get
28:43
yourself a stamp seed. Make sure you are stamping your
28:47
seed phrase in something that won't get wrecked or ate by your
28:50
dogs. Anyways, I do want to say one of
28:52
these comments in the chat, which is pretty funny.
28:54
Elaine, she goes there he is in response to Nico.
28:58
I'm guessing he doesn't look that fresh today.
29:00
Now, I, I talked to him this morning and he sounded a little
29:03
groggy. I, I think, you know, he
29:05
actually had a couple of drinks. He usually doesn't drink, but
29:07
hey, he's at the sailor mansion party.
29:09
Of course he's going to have a little bit of fun anyways
29:12
anyways, without dodging miko more we are over here at Clark
29:15
Moody's dashboard. Of course the Bitcoin price is
29:18
currently at 94,000 and 50 dollars 94040.
29:23
It'll seems like it's you know it's oscillating here it's it's
29:25
still a Green Day, it's still green candle day, but we're only
29:29
at 94 K. It was funny watching the stream
29:31
last night. Everyone's like is it going to
29:32
go to 100K tonight? I'm like, no, it's not.
29:34
Anyway, the sad for dollar AKA how much Bitcoin you can buy for
29:38
a single dollar, AKA how much the dollar is worth in Bitcoin
29:41
is currently at 1063 sets. The current block height is
29:44
877,354 and the market cap in Fiat terms is $1.86 trillion.
29:52
The Bitcoin versus gold market cap is currently at 10.2
29:55
percent, 10.20%. And one of the predictions was I
30:00
think this number is going to go to 20, maybe 25% in 2025.
30:04
Guys, you can, you can hold me to it.
30:06
I, I think this is coming. I think this is coming in 2025.
30:10
Now the total percentage of Bitcoin that will ever be issued
30:13
is a 94.30% with roughly 19.8 million bitcoins currently
30:19
circulating. And hey, it's it's less than
30:21
that because of all the bitcoins that were lost.
30:23
Anyways, I am going to play you a clip here.
30:28
Oh, sorry, a clip here from the Sailor party here.
30:33
And I know we've been covering this, I'm sure you guys have
30:37
been following this, but we got a clip from the Sailor 100K
30:41
Yacht Party, New Year's Eve party from the Meta Planet CEO
30:44
saying if President Trump's adopt Bitcoin as a strategic
30:48
reserve, other Asian countries will do the same.
30:51
But there is a little tidbit of information here that there's
30:54
been some rumors circulating and it seems like they might be
30:59
playing out to being actually happening and they're just
31:02
waiting to announce them once Trump does.
31:05
Anyways, let's play this clip and then we'll talk about it.
31:09
I'm slowly but surely seeing Bitcoin becoming a topic of
31:13
discussion at the highest levels of government corporations
31:17
around the world beginning to adopt it as as a Bitcoin
31:20
standard in April. For us, that's when we decided
31:24
that we wanted to adopt Bitcoin, and now all we want to do is
31:28
accumulate more Bitcoin over time for our shareholders.
31:31
And so 2024 will go down as as the year where it all began the.
31:35
Year where it all began and also sort of like Donald Trump
31:39
following your footsteps because now he's saying he's going to
31:42
have a Bitcoin strategic reserve.
31:43
Do you think that's actually going to happen?
31:46
Absolutely. You know, being a non American,
31:48
perhaps I can, I can say this definitively.
31:51
I, I do think that the Bitcoin community in the US helped elect
31:56
the president. And so hopefully President Trump
31:59
will do what he has said that he will, which is to to make
32:03
Bitcoin a strategic reserve. And then countries around the
32:07
world will follow. Japan is is one of those
32:10
countries where they do look to the US as sort of their Big
32:13
Brother and follow in their footsteps.
32:15
And so I think if President Trump does adopt it as a
32:18
strategic reserve, then Japan and many other countries in Asia
32:21
will do the same. In a way, it's sort of like
32:23
we're going to see this, the game theory play out in full
32:27
circle. We're going to see like, what
32:29
countries would you say will follow the United States
32:32
footprints? Good question.
32:38
Is that Japan? Yeah, I think Japan, I think a
32:41
lot of the countries in in Asia, I think a lot of the third world
32:45
countries in particular that see, you know, perhaps adopting
32:49
Bitcoin will be a way to show up their own currencies.
32:51
It's going to be interesting to see.
32:53
I mean, coming, you know, out of the Dubai Abu Dhabi conference,
32:57
we got to hear from a lot of the, you know, governments in
33:00
the region. And I think it's definitely
33:02
something that is a is a topic and they are secretly buying
33:07
kind of behind the scenes. And hopefully they will
33:09
announce, you know, quite soon. I think a lot of them are being
33:11
different to the US. So after President Trump
33:14
announces the strategic reserve, I think a lot of other countries
33:17
will. Interesting, interesting stuff
33:23
there, guys. We've been talking about this.
33:25
Yeah, the, the chat's going wild right now.
33:28
We we've been talking about this playing out.
33:30
There's been a lot of rumors that some countries in the
33:32
Middle East have been stacking a lot of Bitcoin.
33:35
And it sounds like, you know, the Metaplanet CEO is, is, I
33:38
don't know if he has first hand knowledge of it, but it is very
33:42
interesting to kind of think about that idea that, oh, maybe
33:46
they're just waiting for Trump to announce there that he's
33:49
doing an SPR. Before they announced that they
33:52
have also been stacking Bitcoin. Now that would be a very
33:54
interesting development for 20/20/2020 five.
33:57
Wow, I'm still in 2024 for 2025. But it's funny kind of listening
34:03
to a non American here because if you know Nico has been
34:07
covering the Poly market odds, you can see the betting odds.
34:10
It's roughly around like 30% right now, but actually
34:12
happening. But it does seem like it's
34:15
becoming a very real conversation and Trump kind of
34:17
pulls the trigger on this, starts to maybe just switches,
34:21
you know, the Bitcoin that they have at the Marshalls Holdings
34:24
to the strategic Bitcoin reserve.
34:26
Maybe it's not going to be the million Bitcoin buys, but they
34:29
it seems like it's actually going to happen very soon and it
34:33
will happen quickly. Once Trump announces this, I
34:35
think we will see some very big announcements following it.
34:38
And you know, I've we've been hearing the rumors for a while
34:41
now that other countries have been stacking Bitcoin and it
34:44
seems like these rumors are being confirmed daily.
34:47
So I don't know. I thought that was an
34:49
interesting tidbit that we got there.
34:51
But Chris, what's your thoughts on that clip?
34:55
No, I think it was very good. It's very interesting to see the
34:57
Metaplanet CEO talk positively about Bitcoin.
34:59
Like you said, they adopted in April and obviously they've been
35:02
having a strategic reserve going.
35:04
My boy Dylan Leclair, are, are you a friend of the show over at
35:08
Metaplanet helping them buy Bitcoin as a director for their
35:12
strategic reserve. So I'm really proud of him.
35:14
But I think it's kind of one of those things I know I've seen DB
35:17
or David Bailey on Twitter saying that like if it's going
35:20
to happen, it's going to happen soon.
35:21
I think American Huddle said the same thing.
35:23
Howard Lutnick was hoping to be Treasury Secretary, but they, I
35:26
think Trump appointed him as commerce secretary.
35:29
For those that don't know, Howard Lutnick is the CEO of
35:31
Cantor Fitzgerald. They have billions of dollars,
35:35
if not, if not billions, hundreds of millions of dollars
35:38
in Bitcoin. He's very bullish on Bitcoin.
35:40
So I definitely could see him being leading the charge for the
35:43
strategic reserve of Bitcoin. Obviously RFK was saying when he
35:46
was still running as a candidate, he was saying like
35:48
we're trying to buy like 4 million Bitcoin.
35:51
I think Trump's was a little bit more tame saying like to buy,
35:54
you know, 200 million or however much million Bitcoin every sale
35:59
or over the next couple years. But I do think one of those
36:03
things that I think it is pushing for strategic reserve.
36:06
It's very interesting that polymarkets very accurate.
36:08
So it's interesting that they're pricing in a 30% chance of
36:10
happening. I think they're just kind of
36:12
waiting to see. And I think we'll have a better
36:13
idea once Trump gets into office, kind of what his first
36:16
executive orders are, what's going to happen.
36:18
For sure. I'm not going to ask the Poly
36:21
market odds. I'm going to ask the Chris Alema
36:23
odds here. Are we going to see Ross Freed
36:26
day one? Yeah, I'd say that it's very
36:31
high. Like I, I think yes, I do think
36:33
day one he's going to free Ross Ulbricht from, pardon him, at
36:37
least for time. Serving, let's go.
36:38
Well, that's that's, that's probably the biggest thing for
36:41
us. Bitcoin is obviously strategic.
36:43
That's my. Hope exactly right.
36:45
That's the big the big kahuna here and it it really is is the
36:48
simplest thing he can do day one.
36:50
So we'll see what we have 19 days until he gets into office.
36:54
We'll see if any shenanigans happen for him actually, you
36:57
know, not actually getting in office because I know people are
36:59
kind of trolling on that on the Internet.
37:02
But President-elect Trump free Ross day one.
37:06
That is the huge thing here. And then really interesting.
37:09
One last thing before I move on. As was said in that clip, it's
37:13
very clear that the bitcoiners or you know, the crypto industry
37:17
or you know, DB and the the crypto packs out there, we were
37:22
a significant donor to get Trump elected.
37:24
So again, this is how American politics works.
37:28
We lobbied him. Now he has to come through on
37:31
his favors. So we'll see.
37:33
We'll see if it comes through on these these promises, but it's
37:36
coming up really quick and we'll see what happens in 2025.
37:39
Anyways, guys, if you enjoy the show, we're only halfway
37:42
through, make sure you smash that like button.
37:44
Comment in the chat if you think SBR is coming, if you think our
37:49
predictions are Looney Tunes or if they were milquetoast
37:52
vanilla, let us know your predictions, subscribe, all that
37:56
good stuff. All right, on that point guys,
37:58
let's get into the news. We got a spicy story here, a
38:01
little spicy story here, guys. I want to give a very special
38:06
shout out to our sponsor Compass Mining.
38:09
They make Bitcoin mining accessible to everyone from
38:12
beginners to experienced investors.
38:15
Their turn key miners gets you online and hashing within 48
38:19
hours, making it easier than ever to start your mining
38:23
journey. Plus, with their active
38:26
marketplace, you can resell your miner at any time, adding
38:29
flexibility and value to your investment.
38:32
Visit their website to access a wealth of resources, learning
38:36
everything you need to know about Bitcoin mining.
38:39
Take your first step into the world of Bitcoin mining with
38:43
confidence. Discover more at Compass Mining
38:46
dot IO. Again, Compass Mining dot IO and
38:49
see how Compass Mining can power your success.
39:01
I want to give a shout out to our sponsor foundation.
39:04
It's self custody done right. They've built a premium grade
39:07
hardware wallet called Passport right here in the US, and it
39:11
integrates seamlessly with their free app called Envoy.
39:15
Passport is fully open source and verifiable.
39:18
It's the most intuitive Bitcoin wallet design with a UX
39:21
reminiscent of a classic feature phone, so you'll know how to
39:25
navigate it and use it the moment you pick it up.
39:28
It's also air gaps, meaning Bitcoin stays offline, never
39:32
touching an Internet connection. It's Bitcoin only open source,
39:35
verifiable air gap security model, gorgeous design, craft
39:39
premium grade materials. Get your Bitcoin off exchanges
39:43
and into your own hands in just a few minutes with Passport at
39:46
foundation dot XYZ slash. Simply get Peace of Mind.
39:54
I don't know why that that ad made me laugh today.
39:57
Anyways, get yourself a passport by Foundation.
40:00
Use the promo code simply. I'm not going to model it
40:02
completely for you guys, but you already know the deal.
40:04
These are beautiful. And if you connect it with the
40:06
Envoy app, I I'd swear it's one of the easiest hardware wallets
40:10
out there. All right, guys, going into this
40:13
new story, I'm gonna lay a little bit of context.
40:15
Here and we got a, a special, I wouldn't say a special
40:19
announcement, but we got a kind of an update on on this news
40:22
story here. So of course we've been talking
40:24
about this for a while. You know Nico is really big on
40:27
Elon Musk freeing the bird. I think it it's starting to get
40:30
a little hairy out there. I'm not gonna lie it's there's
40:33
some some weird things happening now guys.
40:35
So anyways, here is a headline from October 31st 2023 Elon Musk
40:40
everything app plan for X. In his own words, of course he's
40:45
been talking about the brand chain from Twitter to X and his
40:48
whole hope for making the WeChat of the West that Twitter or X
40:53
into the everything app and now we got a we got another update
40:57
here. So we got this tweet from Linda
41:00
Yakarino, which is of course she, I believe Chris, correct me
41:03
here. Is she CEO or President right
41:07
now of Twitter? She's the CEO running
41:10
operations. So this is the CEO of Twitter
41:15
and she goes in 2024 X change the world.
41:18
Now you are the media and in 2025 X will connect you in ways
41:24
never thought possible XTVX money, Grok and more.
41:29
Buckle up Happy new year. And the reason we're talking
41:32
about this is, of course, X money, the everything app there
41:36
Elon Musk has been talking about the, the turning Twitter into
41:40
basically, you know, your bank account and you all you're going
41:43
to need to use is X and we're going to use it for money and
41:47
payment, etcetera. Obviously, he came out of the
41:50
PayPal school, he was the owner of PayPal.
41:53
And now it seems like that is where the rebrand started.
41:56
He wants to turn Twitter into his initial idea of the X
42:00
payments and the X everything app.
42:03
And now it seems like 2025 is going to be the year that they
42:06
implement all of this. Obviously as a bit corner, we
42:09
would love to see him. I just really easily do this
42:12
with Bitcoin, but I don't think that that's the case.
42:15
Me and Chris were actually kind of trolling before the show and
42:18
talking about this. It's like it's most likely the
42:20
case that he's going to, you know, roll out this X money X
42:24
payment app with like USD, tether and Doge.
42:27
And we're just like, it's going to be horrible.
42:29
But, and we also we're looking it up that the the old Twitter
42:34
payments with Bitcoin that Jack Dorsey had, it's nowhere to be
42:37
seen on Twitter. So very, very interesting, but
42:40
there is kind of some hot water right now on Twitter.
42:43
Of course, I'm sure everyone has seen this tweet before.
42:47
This is Elon Musk who is now Kiki as Maximus and he goes new
42:51
Twitter policy is freedom of reach, but not our freedom of
42:54
speech, but not freedom of reach.
42:55
Negative slash hate tweets will be Max de boosted and
42:58
demonetized. So no ads or other revenue to
43:00
Twitter. You won't find the tweet unless
43:02
you specifically seek it out, which is no different from the
43:05
rest of the Internet. The reason I'm bringing this up
43:07
is there has been some form of political censorship on Twitter
43:11
in the last week, in particular in response to, and of course,
43:15
we're not a political show here. This is me just laying things
43:17
out. But in response to the H1B visa
43:20
program, Elon Musk was tweeting about this over the weekend.
43:24
It seems like he is taking away people's blue checkmarks.
43:28
It seems like he's deactivated some, some, some accounts, which
43:32
is very interesting because he's been saying for a while that
43:35
this is, you know, the, the, the public square of opinions.
43:40
And if you disagree with me, you'll still be on the platform.
43:43
And it seems like on this topic, if you are disagreeing with him,
43:47
you are either losing your account, losing your blue check
43:50
mark, getting demonetized. So it's very interesting stuff
43:53
we're seeing. And of course, the point here is
43:56
basically what our boy beauty on says.
43:58
Trust Elon with your money, LOL. It's absolutely hilarious.
44:02
And This is why we're Bitcoiners because we don't want to trust
44:04
anyone. And of course, just kind of
44:06
doubling down on this idea a little bit.
44:08
Shouts out to our boy Mark Goodwin and Whitney Webb.
44:11
They've been on this beat for a while.
44:14
You can see Clint Russell, who's a libertarian kind of responding
44:17
to the things he's seeing. And then Whitney Webb's this is,
44:20
you know, Whitney Webb just in, in pure form here.
44:23
It's like, do you think the only problem with an everything app
44:25
run by a military intelligence contractor censorship?
44:29
Do you perhaps see any risk to central centralized centralizing
44:33
IMP services on a single app run by someone who openly works for
44:37
the surveillance state, which is quickly moving into a pre crime?
44:41
Because if you say you recognize these risks and you hated me
44:44
lecturing you on it, I'm not sure you fully considered what's
44:47
going on. So again, I've said this on
44:49
Twitter and I said this to Chris earlier.
44:52
I think a lot of us have to apologize to our board.
44:55
Mark Goodwin out there, Maddow Dow has been on this beat.
44:58
I know Nico still kind of agrees or believes in the idea of Elon
45:02
freeing the bird. It does seem like he did free
45:04
the bird. Now it's getting a little
45:06
interesting on what's going on in the freedom of speech seen on
45:10
Twitter. But if they're going to roll out
45:12
an X money payment, if they don't use Bitcoin, then I think
45:17
it's basically down on arrival. Obviously people will use it.
45:19
We've been kind of, we talked about it earlier of all the
45:21
influencers getting paid out right now ridiculous amounts of
45:24
money. So obviously they will use the X
45:27
payment app, but I think it's going to eventually end up like
45:32
PayPal or something. And it would really be
45:34
revolutionary if they just unleashed it with Bitcoin.
45:37
That would really be the true X Payment Everything app with
45:41
freedom of speech fully intertwined and symbiosis with
45:46
it if it came with Bitcoin. But I don't, I'm not that
45:49
hopeful on it, Chris. I know we were kind of joking
45:51
about it. If he does roll it out, it's
45:53
going to be with Tether or Doge or something silly.
45:58
And yeah, so I don't know, man, What what's your thoughts on
46:01
this announcement? Obviously they've been talking
46:03
about it for a while of this X Everything payment app,
46:06
etcetera. But now it seems like 2025 is
46:08
going to be the year that we see see this stuff get rolled out.
46:11
So interesting developments on the digital payments front in
46:14
the digital frontier with Bitcoin and everything else.
46:17
So what's your thoughts on all this news, Chris?
46:20
I'm going to echo your sentiment.
46:21
I think Mark Goodwin, Whitney Webb and Matt Odell all need
46:24
apologies heading into 2025. I think it's kind of one of
46:28
those things that when Elon bought Twitter or now X back in
46:32
2022, there was kind of like the fracturing of communities and
46:36
like kind of the Internet in the sense that the more of the left
46:38
or liberal leaning people were like, oh, like, like they were
46:41
all for Elon when he's doing electric cars and he was doing
46:44
all that and all green like. And you know, Elon even
46:47
identified more liberal or left. And then like he bought the app.
46:51
People were not pissed that he like fired a bunch of people
46:53
that like basically were working for the CIA and the FBI.
46:56
And then and he kind of like started to become more right
46:59
leaning or more, you know, he says he's still a centrist.
47:01
And then the Overton window has shifted, which it really has.
47:04
Bitcoin has shown that as well. And then I really do think he
47:07
helped win the 2024 election without a doubt.
47:10
If Elon doesn't buy Twitter and doesn't put his hat or behind
47:14
behind Trump, like I don't think Trump wins the election.
47:16
And I mean that wholeheartedly. But I think Odell has been
47:20
beating on this drum for at least two years now saying that
47:24
it's not the issue of censorship or not.
47:27
It's like to censor or not to censor.
47:28
It's the issue that they have the ability to censor.
47:32
And we're seeing that play out in real time now.
47:33
Like Elon, you know, for all his accomplishments, you know, you
47:38
upset him or piss him off, he has the ability.
47:40
And he did demonetize, unverify accounts, remove subscriptions
47:45
where like the left, people on the left went to blue sky and
47:48
then people on the right, you know, stayed on Twitter or X.
47:52
And then now, like it seems that they're getting denied or kicked
47:55
down as it is right now. So it seems that Nostr is the
47:58
only thing that makes sense. Like I said, a lot of the Nostr
48:01
Nostriches, Matt Odell, anyone that's over there, they're
48:04
trying to build the future they want to see in the world.
48:06
They don't want to see the WeChat of the West.
48:08
The you and I agree on that. I think most people would agree
48:10
on that. They we don't want a WeChat of
48:11
the West. And then people on blue sky are
48:13
like, they want these private, you know, comfy echo chambers
48:16
that are highly censored, highly moderated, highly, you know,
48:20
censoring speech where X maybe isn't doing that to the full
48:23
extent, but it's like things that you don't like and it's
48:25
basically become blue sky. So I think Nostr and building
48:27
out just different Nostr, different building out the
48:31
protocol and different platforms on Nostr is the only way to go
48:33
in the future. Like just like Bitcoin, we need
48:36
to take the hands, like money out of the hands of people.
48:39
We need to take the Internet and speech out of the hands of
48:41
people that can censor and put it into the power of the people.
48:44
As well. Yeah.
48:44
I mean bringing up Nasser, I think is also one of those, I
48:49
don't know if you call it, you know, a swan event, Black Swan
48:52
event, white swan event. But we have been talking about
48:55
that on the show for a while where it look like if Twitter is
48:59
actually a freedom of speech platform, then it's going to be
49:03
very difficult for a noster to kind of get into the network
49:08
effects of of Twitter or X or whatever you want to call it.
49:10
But now it seems like Noster is going to have, you know, some,
49:14
some blue skies out there and there's still a use case for
49:17
Noster. So I hope the developers over at
49:19
Noster are paying paying attention to this because it is
49:22
starting to get a little hairy. And and then really it kind of
49:24
goes back to what I was saying in the beginning of the show.
49:26
As the Bitcoin price starts to go up, the stakes are are
49:29
getting increasingly higher. And we're seeing that this is
49:32
kind of playing out right now as well on the freedom of speech
49:35
side, that as things start to get a little crazier, you know,
49:39
freedom of speech is starting to matter more and more every
49:42
single day. And we, we, you know, we've been
49:44
saying, we've been saying on the show that legacy media is dead.
49:49
And, you know, even the Twitter announcement, it's like you are
49:52
the media now. I, I think those are a little
49:56
hopeful. I'm, I'm still seeing the power
49:59
of legacy media, you know, with, in regards to my friends and my
50:03
family, there's still kind of that trust in the institutions
50:07
behind CNN or MSNBC or Fox, etcetera.
50:11
But it is actively changing and they are actively losing that
50:14
foothold. And so I don't necessarily think
50:17
the legacy media, corporate media is dead yet, but they are
50:21
on their last breath. And I think that's when they are
50:23
the most dangerous. So it's very interesting to see
50:26
these developments play out. And man, we, we are the front
50:29
lines here. Bitcoin is a freedom of speech
50:31
issue. Freedom of speech is a Bitcoin
50:33
issue. Guys, I know when we bring this
50:35
stuff up, sometimes everyone's like, I thought this was a
50:37
Bitcoin show. What are you guys talking about?
50:40
Well, remember guys, Bitcoin is code.
50:42
It is just speech. This is what it's all about.
50:45
And if you can't transact or you can't speak freely, what makes
50:48
you think you can transact freely?
50:50
Anyways, Chris, I know you want to chime in one more time and
50:52
then we'll have a little bit of fun and talk about the Sailor
50:55
Party, 100K New Year's Eve party, but chime in, Chris.
50:59
Yeah. Just for those that don't know,
51:01
like Noster stands for notes and other stuff transmitted over
51:04
relays. It's a decentralized social
51:06
media platform. It's one that when you create
51:08
basically just like Bitcoin, you have a private key and a public
51:10
key. So when you create a private
51:12
key, you can generate, you know, a, a public identity or profile
51:17
or you can even stay anonymous. And then you have signature
51:20
verification as you post, you know, basically the equivalent
51:23
of a tweet or whatever you want to post, a video clip, a meme, a
51:26
GIF, whatever it may be as you post it.
51:29
Basically you're signing that event and no one can kick you
51:31
off the platform. Yeah, there's relays or the
51:34
like, basically like the equivalent of servers.
51:35
If someone were to kick you off their relay, you still have your
51:38
identity, you still have the people that are you're connected
51:40
to, but no one can can censor how you use it or how you
51:45
basically interact with people. So a few great apps to download
51:49
or try or what or desktop websites to go to are Primal,
51:53
Amethyst, Domis. Amethyst is only for Android,
51:56
Domis is only for iOS or iPhone. And then Primal, they have a web
52:00
client as well as an app as well.
52:02
Those are just a few. I know there's many great
52:05
different platforms coming out. Yeah, big, big shout out to
52:08
Primal. To me personally, it's the one
52:10
that feels the closest to Twitter.
52:12
And you know, I, I know, I know we're trying to beat the Twitter
52:15
network effects here, but it Twitter, Twitter works and
52:19
that's why we love it. So the that's the closest one to
52:21
Twitter is Primal. Yeah.
52:24
And like when you think of it, Twitter's had like a 16 year
52:26
head start. Like Noster only became a
52:28
protocol in the I believe either 2019 or 2020.
52:31
And Primal only launched in the tail end of 2022, if not 2023.
52:36
So in two years, they basically spun up like a really, really,
52:39
really good platform. And like I said, you don't like
52:42
Primal. You can take your identity, you
52:44
can take your followers, you can take it all of that move to a
52:46
different platform, you know, but while you're still using
52:49
Noster, the protocol. So protocols.
52:52
Yeah, totally. And I think, you know, I'm, I'm
52:54
super glad you brought Noster up on this in this conversation
52:58
right now is because we, we see right now a lot of things
53:01
playing out. And I think one of the the most
53:04
dangerous things that could happen for us Bitcoiners and
53:07
freedom of speech advocates and you know, freedom to transact
53:09
advocates is for us to Lola ourselves to sleep and, and be
53:12
like, we're winning so hard, You know, like we don't have to do
53:15
anything because we're winning, bro.
53:17
And it's like, no, I think even though we're winning, we still
53:19
got to keep our heads on a swivel.
53:21
And this is one of those points right now.
53:22
So, you know, I'm getting kind of tired of social media in
53:25
general. I'd just like to scroll right
53:27
now, but I think I will put a little more emphasis this in
53:29
Noster this year. And and I know we're posting
53:32
everything to Primal as well. So things are things are
53:35
accelerating going into 2025. I think the next five years, I
53:39
think this next four years are going to be absolutely crazy.
53:42
It's it's man, we really are in the fourth turning, aren't we,
53:46
Chris? This is this is some crazy stuff
53:48
happening. Definitely for sure.
53:50
No better time to be alive. Stay.
53:52
Humble, let's go. All right, boys and girls, last
53:55
segment for the show today, we're going to be talking about
53:58
little. We're going to do we'll do a
53:59
little talk show commentary on the 100K New Year's Eve party at
54:04
Sailor. And then I got a clip of Nico
54:06
here. So even though Nico's not here,
54:08
he's still going to be a part of the show for today, for today's
54:11
culture. All right, let's get into it.
54:13
I want to give a shout out to our sponsor Hive Digital
54:16
Technologies. As the first ever public miner,
54:20
Hive's been battle tested through every possible market
54:23
and as the first with an AI strategy, Hive continues to
54:28
redefine the future of sustainable energy.
54:31
Also got to casually drop this in here.
54:34
Hive consistently tops the industry in Bitcoin mine per
54:39
Exahash. They're lean and mean, they're
54:41
green and clean, and they're changing the game.
54:44
Learn more by following them at Hive Digital Tech or check out
54:48
their website, hivedigitaltech.com.
55:03
All right, boys and girls, mainly boys, but some girls
55:06
shout out to the girls out there.
55:07
Make sure you get yourself your ticket to bitlock.
55:10
Boom. It is in Dallas, a true Bitcoin
55:12
conference. It's small, it's cool, it's
55:15
where Lobbycon and Poolcon came out of it somewhere it was born.
55:18
It's going to be April 3rd through the 6th 2025.
55:21
So what couple of months from now?
55:23
Guys, make sure you get your tickets now so cheap as ever
55:26
going to be everyone always Fomos before the conference, but
55:29
if you get them now, you know, make sure you're planning to go
55:32
to Dallas. It's going to be great, man.
55:35
This is this is one of my favorite ones because it it
55:37
holds a special place in my heart.
55:38
It's the first conference I went to.
55:40
I did the 2020 conference where it's the longest running
55:43
conference now. Hung out with Nico in the flesh
55:45
for the first time, met all of my friends there that I consider
55:48
my Bitcoin family at this point. It's really one of the special
55:52
Bitcoin conferences out there. It's super small and, and tight
55:55
and you really get to interact with everyone that you want to
55:58
and it's really, it feels like my home conference at this
56:01
point. Anyways, moving forward, of
56:03
course everyone knows it's New Year's Eve or rather New Year's
56:07
Day. Yesterday was New Year's Eve.
56:10
Sailor threw the 100K Bitcoin party.
56:13
He, you know, he said it What, what, when was it Chris?
56:16
I think he said it like 2020 or something when he first started.
56:19
No, maybe it was 20/22/2022 when he was when he was stacking
56:23
Bitcoin, we were all thinking Bitcoin was going to go to 100K.
56:27
And I'm pretty sure John Vallas or it was John Vallas in
56:29
American Hollow that said, hey, if we break 100K, are you going
56:33
to throw a party at your yacht and follow through?
56:36
So, you know, kudos to Sailor for actually following through.
56:39
Yes, it was a New Year's Eve party.
56:41
It wasn't actually when Bitcoin broke 100K.
56:44
There was a lot of talk of whether Bitcoin was going to
56:46
break 100K on the night of New Year's, you know, New Year's
56:50
Day. It didn't actually break 100K.
56:52
We're still at roughly, you know, 94 K, but the start of the
56:55
new year Bitcoin price is still kind of going green where I
56:59
think it's going to be a big year for us.
57:01
But anyways, I do want to play a little clip here.
57:03
I don't know if you guys saw, but Nico's looking dapper over
57:06
there at the 100K yacht party for New Year's Eve.
57:10
And so, you know, I'll just play a little clip of Nico and then
57:12
we'll we'll show you some scenes and maybe me and Chris will
57:15
troll a little bit, but here we here we go.
57:17
Here's Nico at the Bitcoin 100K New Year's Eve Party One.
57:22
Of the most powerful quotes I've heard from Jeff Booth is the
57:25
thing about Bitcoin is that you're going to have to get used
57:28
to the idea that even your worst enemy is going to adopt it and
57:33
benefit from it. So I think that's something to
57:36
keep in mind. And I think we also have to look
57:38
at Bitcoin on two fronts, Bitcoin as the investment and
57:42
Bitcoin as the revolution. I think all US Bitcoiners truly
57:45
want to see Bitcoin effectuate change in the world, really free
57:50
humanity from the tyranny of central banking.
57:52
And that really only happens with individuals taking adoption
57:57
of Bitcoin specifically into self custody.
58:00
So I think two things could be true at the same time.
58:03
The price is definitely going to benefit from nation state
58:06
adoption, but we still have to, as Bitcoiners, we have to take
58:09
agency, we have to take individual action to continue
58:13
pushing the message of Bitcoin because that is what is actually
58:16
going to fundamentally change the world.
58:18
Individual adoption of a Bitcoin standard, one of the most.
58:21
Powerful. This is This is the message
58:23
guys, the most important thing that we can do and This is why
58:28
this show exists in the 1st place is to get as many people
58:32
to hold Bitcoin directly hold it in cold storage, hold it
58:36
themselves, take custody of their Bitcoin transacting
58:39
Bitcoin, protect their purchasing power.
58:41
This is why we continue to come every single.
58:44
This is why, you know, Chris and I don't get a New Year's Day
58:47
off. It's it's National Hangover day
58:49
and Chris and I are working here while everyone's sitting at
58:52
home, you know, tuning in, having fun on the couch.
58:56
We had to put in an extra shift for you while Niko's at home
58:59
hungover. I have to be here at the show
59:01
because he's over there at the New Year's Eve sailor party.
59:05
Now I'm kind of trolling and, and everyone in the chat is
59:07
saying Niko looks so dapper in this tuxedo.
59:10
You know, he, he, he took a level up.
59:13
I know we've been joking for a while that on the show we're
59:15
going to start wearing suits. But hey, this first time I've
59:18
seen Niko in a tux, the only person I've seen in a suit that
59:21
looks more dapper is Chris when he's in a suit.
59:24
I would vote for Chris, but man, it seemed it seemed like a fun
59:28
time and maybe maybe I'm just a little salty that I didn't go
59:31
there. You know, I I'm I'm not
59:33
influencer enough to to end up at the sailor party, but you
59:37
guys can see it go watch it over on Twitter.
59:39
A bunch of cool people. Let me see if I can get the
59:42
drone shot because the drone shot was pretty crazy.
59:46
I think it was in the. Dude his house is insane.
59:50
Bro this house is nuts. Opti, I want to add, I, I think
59:54
our invites were lost in the mail.
59:56
You know, I just moved, so I know that that can happen.
59:58
You know, maybe they sent to my old address.
1:00:01
But no, yeah, like I said, we're we're here working on National
1:00:05
Hangover Day. I hope everyone had a good time
1:00:08
there looks like a crazy event for sure.
1:00:10
His house is insane. But guys, I do think this just
1:00:13
goes to show sailors short Bitcoin.
1:00:15
He's paying the property taxes on that freaking house has that
1:00:18
house. You know, he could be buying it
1:00:20
all he wants with micro strategy.
1:00:21
But until he sells his his freaking estate or mansion here
1:00:25
to buy more Bitcoin sailors short Bitcoin guys.
1:00:27
So just just let that know there's still opportunity.
1:00:29
Yeah, man, the totally he I guess you know, but we, we were
1:00:34
asking earlier, Chris, whether someone could catch up to Sailor
1:00:39
or Microstrategy's holdings. You know, it it, it looks like
1:00:44
he he's maybe not going to be able to buy as much Bitcoin
1:00:47
anymore. It's going to be hard for him to
1:00:49
get more debt at this point, man, unless he's doing like
1:00:52
Helox on this house over here. It might be a little hard for
1:00:54
him to keep stacking that Bitcoin.
1:00:56
No, I'm I'm trolling, but there wasn't there was an interesting
1:00:59
article I saw this morning in in kind of fighting Sailor and and
1:01:03
buying Bitcoin that the headline was something on the lines of
1:01:06
like, why is Michael Saylor slowing down on his Bitcoin
1:01:11
buys, you know, his micro strategy in trouble, etcetera.
1:01:14
And so you can see that this everything we're doing here in
1:01:17
Bitcoin, like we're still early. It's still a very new thing.
1:01:21
There's still a lot of fudsters, skeptics and people that that
1:01:24
are critics in regards to what's going on with Bitcoin.
1:01:26
But hey, man, this is a great celebration of awesome New
1:01:30
Year's Eve party. My question was this morning, is
1:01:33
Saylor going to be doing 100K New Year's Eve party every year?
1:01:36
Because we're never going to come back down under 100K.
1:01:39
So we'll always be officially the 100K New Year's Eve party.
1:01:43
But who knows, maybe, maybe he'll do the 10 million Bitcoin
1:01:47
Eve party at some point in the future.
1:01:50
But yeah, it looks fun, man, that it was a good stream
1:01:53
overall. Shout out to the production team
1:01:55
over there. They did a great job.
1:01:57
And Niko told me I, I talked to him this morning.
1:02:00
He's like, man, it was a great party.
1:02:01
I had AI had a blast. Like here's a Niko.
1:02:04
So some more let's we could hear a little.
1:02:06
Looking like James Bond in the tuxedo.
1:02:08
I'm so excited about Bitcoin 2025 in Las Vegas is coming up.
1:02:14
You guys had an absolutely phenomenal conference in
1:02:17
Nashville, historic. I would put it on the level of
1:02:21
Bitcoin 2021 when Michael Saylor initially made his announcement
1:02:26
and then of course, Naimbu Kele with the legal tender.
1:02:29
But having the presidential candidate and then now
1:02:34
president-elect was insane, right?
1:02:37
You know, And I think the live stream got millions and millions
1:02:40
of views. Absolutely historic.
1:02:42
What are you guys planning for 2025?
1:02:44
What do you have up your sleeve? I have some ideas.
1:02:48
I don't know. If I could say, let's go.
1:02:49
All right, You know, Nico gets a little more airtime here,
1:02:53
obviously. Legendary stream it was.
1:02:55
It was a long night. Shouts out to our boy Nolan.
1:02:58
Man, what a like Nico getting all kinds of airtime here.
1:03:02
But yeah, man, I don't know, I I guess I just to kind of wrap up
1:03:05
today, Obviously we're having a little fun here kind of
1:03:09
trolling. Actually, I it would be remiss
1:03:11
if I didn't say a no meme factory member was at the 100K
1:03:16
party and I think they were like the literal one of the, the the
1:03:21
genesis groups to start the 100K party.
1:03:24
But hey, you know, we're not going to hold it against a
1:03:26
sailor. But yeah, you know, well, I
1:03:29
guess I guess we're just not big enough influences.
1:03:31
Chris. We're we, we don't have Nika's
1:03:33
gravitas over here. Nika's the influencer here.
1:03:36
I get to troll him while he's away.
1:03:38
But yeah, it looked like a it looked like a great time, great
1:03:41
New Year's Eve party. Anyways, Chris, you want to say
1:03:43
some last words and then we'll wrap this one up for today.
1:03:47
No, I, I just meant I hope everyone had a great 2024, you
1:03:51
know, had a great party or had a good time last night heading to
1:03:54
2025. But I think, you know, the
1:03:56
opportunity's still there. You know, people still only 1%
1:04:00
of the world or even less than 1% of the world even uses
1:04:03
Bitcoin or I think more than than people more than 1% know
1:04:06
about it. But when you really look at it
1:04:08
like there's less percent of the less than 1% of the world uses
1:04:11
Bitcoin. So stay humble stacks ATS.
1:04:13
You know, we're still in the early adopters phase of Bitcoin.
1:04:16
So I do think I'm still bullish on it.
1:04:18
You know, stay humble stacks ATS and I hope everyone has a great
1:04:21
time in 2025 and we'll be here for for all of it.
1:04:25
So looking forward to chopping it up with you and Nico and the.
1:04:28
Rest of the crew, let's go. Yeah, guys, you know, I, I think
1:04:32
I said it yesterday, I'm not looking forward to the grind
1:04:36
that will be 2025, but I will take it one day at a time.
1:04:40
And hey, if, if the Bitcoin price starts going up, I guess
1:04:43
it'll make it that much easier and better for everyone here.
1:04:45
So it should be a great year. Congratulations on every single
1:04:49
one of you for huddling through 2024.
1:04:52
I think 2025 is going to be a spectacular year.
1:04:56
We are at the very first day, you know, first couple of blocks
1:05:00
of 2025 and I think it's going to be a even more legendary year
1:05:04
for 20/20 five. So we'll see if these
1:05:06
predictions stay true going into 2026, but I think I think most
1:05:12
of these will will be very easily knocked off.
1:05:14
Anyways, guys, we love you guys appreciate the support.
1:05:17
Of course, I like the show on your way out.
1:05:20
Comment below if you think these predictions will happen and of
1:05:23
course, subscribe to our channel if you think we are providing
1:05:27
value to you guys. Again, we'll be back tomorrow.
1:05:30
Nikko will be back tomorrow. We'll be back to our regularly
1:05:32
scheduled programming. Anyways, Chris, appreciate you
1:05:35
coming on, appreciate you taking your National hangover day, you
1:05:39
know, coming on the show. No PTO for us today, bro.
1:05:43
We got to show up and make things happen.
1:05:44
The show don't stop. Anyways, appreciate it, Chris.
1:05:49
Thanks guys. Have a good one.
1:05:50
Have a great 2025 and we'll see you guys all.
1:05:53
Right, guys, peace out. We'll see you tomorrow.
1:05:56
Today's episode was brought to you by bitcoinwell.com, a
1:05:59
Bitcoin only platform on a mission to enable financial
1:06:02
independence.