Latest / Simply Bitcoin / The WORLDS LARGEST Country COPY Trumps Bitcoin Plan!!! | EP 1136

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The WORLDS LARGEST Country COPY Trumps Bitcoin Plan!!! | EP 1136 · Simply Bitcoin

• 0:00
  Yo, did the world's largest country just copy Donald Trump's
• 0:06
  Bitcoin plan? Russia is now quietly making
• 0:09
  moves into making Bitcoin a strategic reserve.
• 0:14
  You heard that right. We had news coming out of the
• 0:17
  Duma, which is the equivalent to the House of Representatives
• 0:21
  here in the United States, that they're proposing making Bitcoin
• 0:26
  a strategic reserve asset. Absolutely crazy.
• 0:31
  This is bitcoins game theory. Bitcoins incentives playing out
• 0:36
  in real time. This is what Max Keiser has been
• 0:39
  predicting over the last half decade or so.
• 0:42
  The global hash wars are here and when countries compete for
• 0:48
  Bitcoin, you win. And also a couple things that
• 0:50
  have been happening right there. This didn't just come out of
• 0:53
  nowhere. It was it was like a month ago
• 0:56
  or so where it was announced that Russia was going to
• 1:00
  legalize Bitcoin mining. It also came out that Russia was
• 1:06
  going to legalize Bitcoin in general through their central
• 1:10
  bank. And part of the reasons for
• 1:13
  this, part of the motivations was Putin's like, look, I'm I'm
• 1:17
  seeing Bitcoin an apolitical money that's not going to censor
• 1:22
  me, that's going to help me facilitate international
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  transactions while I'm currently being sanctioned by the US
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  government. This thing kind of looks pretty
• 1:31
  good. And here in the United States,
• 1:34
  you have the incoming administration.
• 1:36
  We have a clip for you guys from Eric Trump from the Bitcoin MENA
• 1:39
  conference thrown by our friends over a Bitcoin magazine just
• 1:42
  wrapped up. It was an Abu Dhabi in the
• 1:45
  United Arab Emirates, and Eric Trump was one of the speakers
• 1:48
  and he was, he was talking about how bullish he is on Bitcoin.
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  And he sees that Bitcoin inevitably is going to hit $1
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  million. So again, you have some of the
• 1:58
  most powerful countries on the face of the planet, maybe
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  Russia, not on an economic level, but on a military level,
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  100%. So yeah, I mean, this is
• 2:07
  bitcoins game theory, Bitcoins incentives.
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  This is what Kaiser called the global hash war playing out in
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  real time. We all predicted this.
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  We all knew this was going to happen because of the game
• 2:20
  theory, because of Bitcoins incentives, but boy has it come
• 2:24
  a lot faster than we were anticipating guys, it's going to
• 2:28
  be a great show. If you're enjoying it so far
• 2:30
  smash that like button really really helps us with the algos
• 2:34
  to push this message forward. Of course I'm joined here today
• 2:39
  with my brother from another mother, my legendary Co host,
• 2:42
  always optimistic optimist fields in the house.
• 2:46
  I mean, Opti, I'm going to keep saying it simply Bitcoin
• 2:49
  tomorrow's Bitcoin news today baby, because we've been
• 2:53
  predicting this. I mean, if you understand
• 2:55
  bitcoins incentives, none of this should come as a surprise
• 2:59
  to you. This article dropped by our boy
• 3:02
  over a nick over at Bitcoin Magazine, Nick Hoffman, or he's
• 3:07
  he's using his full name nowadays, Nicholas Hoffman.
• 3:10
  And here the headline of the article for our audio listeners.
• 3:14
  Russia State Duma deputy proposes strategic Bitcoin
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  reserves. So the equivalent for our
• 3:21
  American audience and you know, our Canadian audience and
• 3:24
  whatever this is essentially the equivalent of Parliament of the
• 3:28
  House of Representatives. So it's not the upper house,
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  it's the lower house and the deputy is essentially the lead
• 3:35
  of the House of Representatives, right.
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  So essentially the lead of the House of Representatives to use
• 3:40
  like the American, you know, equivalent in Russia.
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  The the the state Duma deputy proposes a strategic Bitcoin
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  reserve. Absolutely crazy.
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  So here's more details on the breaking news today.
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  Russia state owned domestic news agency RIA reported that State
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  Duma deputy and Tom Takashev proposed creating a strategic
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  Bitcoin reserve for Russia, claiming they have obtained a
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  copy of the document. Takashev from the New People
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  Party sent the proposal to Russia's Finance Minister Anton
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  Sulyevnov to create a Bitcoin reserve similar to Russia's
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  traditional currency reserves. Quote I ask you, dear Anton
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  Dermakov, I'm sorry guys, my Russian pronunciation is not
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  that great to assess the feasibility of creating a
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  strategic reserve of Bitcoin in Russia by analogy with state
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  reserves in traditional currencies, the document
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  reported stated. Quote if this initiative is
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  approved, I ask you to to submit it to the government of the
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  Russian Federation for further implementation.
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  Quote In conditions of limited access to traditional
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  international payment systems, we call this for countries under
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  sanctions. Crypto currencies are becoming
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  virtually the only instrument for international trade.
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  The Central Bank of Russia is already preparing to launch an
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  experiment in cross-border settlements in cryptocurrency,
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  it goes on to say. The Tikka Shift document
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  explains that creating a strategic Bitcoin reserve could
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  enhance Russia's financial stability, noting that
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  traditional currency reserves such as the dollar, euro, and
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  yuan are all subject to inflation and sanctions, and
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  that a new alternative independent of any individual
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  country is needed. The development continues the
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  trend of countries looking to build a strategic Bitcoin
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  reserve, including the United States, El Salvador, Brazil,
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  Poland and others, an initiative led by the United States and
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  president-elect Donald Trump. the US is looking to build a
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  strategic reserve of over 1,000,000 Bitcoin, which appears
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  to have caught the attention of certain Russian officials.
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  Just five days ago, Russian President Vladimir Putin
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  publicly stated that no one could ban Bitcoin.
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  We have the clip for you guys locked and loaded, ready to go
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  now. Bitcoin, I suppose, Electron.
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  So for anyone who doesn't speak Russian, the translation is
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  basically like Bitcoin. No one can ban it.
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  It's essentially it's inevitable.
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  It's an electronic form of payment.
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  And we were making the case for you guys that this is a reaction
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  to the Russia looking to alternatives to the US dollar
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  because of the current sanctions implemented on them by the
• 6:55
  current U.S. government. So again, this is game theory.
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  This is this is this is what happens when you politicize
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  money. People seek an alternative.
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  And I guarantee you guys, I'm calling this right now and we've
• 7:07
  our calls have been quite accurate over the last year or
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  so. I'm calling this once Russia or
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  one of these countries switches over to Bitcoin, that is a one
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  way door. They're not going back to the
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  dollar. So essentially the US
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  government, by politicizing the money, is creating an incentive
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  for people to seek out for other nation states to seek
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  alternatives. However, that's playing with
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  fire because the US government gets a tremendous amount of
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  power from being the world reserve currency and more, The
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  more countries continue to opt out of the dollar, the less
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  power the dollar has, meaning the less ability the US
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  government has to print to essentially pay for all the
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  crazy expenses that the US government has to pay for on a
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  yearly basis. So it, it's like as soon as they
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  politicized it, this was inevitably going to happen.
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  And of course, Bitcoin was always going to be the solution
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  because Bitcoin is inherently decentralized, it's censorship
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  resistant, and most importantly, it's a political, it doesn't
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  belong to any single country. Now, what I've been also
• 8:24
  predicting for a couple months now is that, and this is going
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  to be a little bit hairy, but I am very, very optimistic
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  domestic with the incoming Trump administration because they they
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  are looking for peace for with countries like Russia and
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  they're a little bit more common sense type of oriented.
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  What I'll say, But we'll see, we'll see.
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  You know, these are politicians after all.
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  But what I will say is that current US sanction policy is
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  not compatible with an open network, an open network with
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  Bitcoin. So I don't know.
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  That doesn't mean that, you know, us individuals in the US
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  are, are going are breaking the laws or anything.
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  We're not saying that whatsoever.
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  But I'm saying it's an open monetary network, right?
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  So like, how do you how do you stop Russia from using Bitcoin
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  to transact with other countries internationally?
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  Right? Like you can't.
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  And part of the reason that I think that we saw the Tornado
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  Cash case and the reason that I believe was so important is
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  because I think that elements of the US government fundamentally
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  understood this. And I think a large part of
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  their motivations as to why they wanted to sanction open source
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  software and they're trying to use Tornado Cash as the
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  precedent was because they saw the writing on the wall and they
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  realized, wow, like we potentially can't sanction
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  Russia if Russia is using uncensorable money, which is
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  Bitcoin. And that's going to lead to a
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  very important discussion that I need to have.
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  I think we need to have as a country, which is should
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  bureaucrats, unelected bureaucrats in Washington, DC
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  have the power to get to pick and choose who is entitled to
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  use money and who is not entitled to use money.
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  Because how the current system works, which is a system of
• 10:18
  exclusion, if you are born in a specific country, you are now
• 10:23
  not entitled to open a bank account with U.S. dollars.
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  You can't do that. That's why Tether is becoming so
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  popular all around the world, because people want access to
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  it, but through through the traditional system, they don't
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  have the ability to access dollars, right.
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  So it's an interesting world and I think it's going to be it's,
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  it's going to, it's going to be a little bit rough in Washington
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  discussing this, but we'll, we'll cover it.
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  We're simply Bitcoin anyways. So this is coming about a month
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  or two after the news breaking that Russia legalizes it or is
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  legalizing cryptocurrency mining.
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  So Bitcoin mining. And again, their motivation
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  behind this is to circumvent, you know, certain sanctions that
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  were placed upon them by the US government.
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  So again, like it's it's this is the game theory and it like it
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  was obvious. It was obvious the entire time
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  for anyone who's been paying attention because the incentives
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  are in place. You have censorship resistant
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  money. And this is honestly like, you
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  know, I'm, I'm not going to reveal who we're potentially
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  having an interview with, but this is something that I want to
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  ask some of the regulators in Washington like how you
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  essentially going to come to terms with this because like,
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  look, the reality is that Bitcoin's an open monetary
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  network. You have to be OK with even your
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  worst enemy using the network, benefiting from the network.
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  Like how you, you know, how, how you going to how is this
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  compatible with the current system?
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  And I'm very curious to hear what their responses are going
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  to be. Now they have the ability to,
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  you know, stop the on and off ramps.
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  They have control there. But you know, if Russia or China
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  keeps their funds in Bitcoin and transact with other countries in
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  Bitcoin, like how you going to stop that?
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  Are are they going to fork the chain like there's?
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  So this is a very, very deep rabbit hole.
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  And I think that this is gonna be a very, very tough pill to
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  swallow. And I think this is gonna be a
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  very heated political debate. But it has to be talked about.
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  It has to be talked about. We called this a couple months
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  ago when I told you guys, I said guys, and due to the actions by
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  the current administration, the Biden administration, I don't
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  think it would be a good idea that they want another term.
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  I don't think it would be positive for our industry.
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  We got a lot of heat when we initially brought that up, but I
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  doubled down. I said no, it's important that
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  we talk about this. I'm telling you, it's important
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  that we talk about this as a community to kind of get ahead
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  of it, because I don't want there to be a clash, right?
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  And right now, how it's currently structured, the
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  system, I think there's going to be an inevitable clash.
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  So it's very, very important that we speak to regulators, we
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  speak to policy makers, and we have that discussion.
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  How is Bitcoin going to fit into the current system?
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  Because Bitcoin, I mean, unfortunately or fortunately,
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  depending on the way that you're looking at it, isn't exactly
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  going to change for the existing system, right?
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  And that's not necessarily a bad thing.
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  I can't emphasize that enough as well.
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  But anyways, the breaking news for today the the the big kahuna
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  is Russia, the world's largest country by landmass is looking
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  to make Bitcoin a strategic reserve, following in the
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  footsteps of the United States. And once again, elections have
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  consequences. This is not a coincidence that
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  this is happening after the election of Donald Trump and
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  November 5th and I'm extremely excited to see what happens when
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  he gets inaugurated in this incoming administration goes in
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  January 20th of 2025. Opti, what are your thoughts on
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  this? I want to get your opinion on
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  this Opti like first of all, we've we've called we've been
• 14:24
  calling this right got to give us some kudos and points to
• 14:27
  ourselves right Simply Bitcoin, tomorrow's Bitcoin used today,
• 14:31
  baby. But also, I got to say Opti,
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  like I'm a little bit worried because like, you know, what are
• 14:38
  we going to do, right? Like how how are we supposed to
• 14:43
  approach this as an industry? You know, are they going to put
• 14:47
  pressure on the exchanges and say, listen, you can't take self
• 14:50
  custody because if you take self custody, we can't enforce
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  sanction policy. Like where does this go in your
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  opinion? Yeah.
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  I mean, personally, I have no clue considering we've already
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  kind of seen what they've been doing with Operation Choke Point
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  2.0. Will that get extended into
• 15:08
  2025? But.
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  We can assume that's over with the promises that Trump made.
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  Yeah, I mean the Bitcoin industry at Nashville and not to
• 15:17
  mention his son actually just spoke at Bitcoin Mina.
• 15:21
  Yeah, that's the, I think that's the big kahuna here and we'll
• 15:23
  cover that in a minute. But yeah, I mean, I don't know,
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  I find it interesting as well. And, and Trump said, actually,
• 15:30
  I'll, I'll keep that for the later part.
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  So I'll put a pin on that. But yeah, I mean, we we are
• 15:34
  seeing that there is definitely like a divide right now.
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  Remember last week we kind of saw Trump tweet about BRICS
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  nations leaving the dollar and how they're going to fight to
• 15:45
  protect the dollar. And then also on the other hand,
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  he is kind of embracing, you know, the strategic Bitcoin
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  stockpile. So there is, I think a lot of
• 15:54
  questions up for debate right now of, of how this is going to
• 15:57
  happen moving forward. And I think, you know, as a
• 15:59
  bitcoiner, we all can kind of just sit here and watch and just
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  see how the cards play out because we really have no idea
• 16:05
  what's going to happen down the pipeline.
• 16:07
  It seems like we are going to get, you know, quote UN quote
• 16:10
  good regulation in regards to the Bitcoin and at large, you
• 16:13
  know, the shit coin industry. And so I am I'm I'm
• 16:16
  optimistically hopeful that this is kind of going to be not
• 16:21
  necessarily a battle that we will have to face.
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  Hopefully we do get like four years of cover here.
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  And, you know, I don't know if I would say that there just going
• 16:28
  to capitulate, but if you listen to what Trump or Eric Trump was
• 16:32
  saying, it almost feels like they understand the writing on
• 16:36
  the wall and they have to embrace us.
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  And so it is going to be interesting and I think a little
• 16:40
  tricky to see how they are going to maneuver this this, you know,
• 16:44
  potential move in the future because things are heating up.
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  And you know, for everyone out there that doesn't like Trump, I
• 16:50
  think it's very clear like this is the Trump effect, the fact
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  that he kind of went out and campaigned for pro Bitcoin
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  legislation and the strategic Bitcoin stockpile, etcetera.
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  It seems like he's gone more Bitcoin friendly recently.
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  This has made ripples around the world.
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  And it's very interesting now that Russia is also proposing
• 17:09
  this because now that kind of, you know, like if the US doesn't
• 17:14
  actually do a strategic Bitcoin stockpile now, then where you
• 17:19
  kind of like losing ground against Russia.
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  And obviously that's one of the political mandates right now is
• 17:24
  obviously there's, you know, Putin's the big boogeyman in the
• 17:27
  world. And so if Russia does launch a
• 17:30
  strategic Bitcoin stockpile before the US, that does put us
• 17:34
  in a competitive disadvantage. So the game theory is playing
• 17:37
  out. And then let's go even further.
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  Like now that Russia is proposing a strategic stockpile
• 17:43
  reserve or, you know, strategic stockpile or strategic reserve,
• 17:47
  now you can only argue that China is also going to propose
• 17:51
  something similar. So now the big main superpowers
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  right now are all at at the very least thinking about doing a
• 17:58
  Bitcoin strategic stockpile. And as we've been covering the
• 18:01
  last couple of weeks, the signal is starting to change between or
• 18:04
  rather this whole year from, you know, Bitcoin is like, it's,
• 18:10
  it's toxic out there, you know, like it's politically toxic.
• 18:13
  Don't touch it to now everyone has to figure out how they're
• 18:17
  going to embrace Bitcoin. So it is very interesting that
• 18:21
  ever since Trump got elected and or came out and talked about the
• 18:24
  Bitcoin strategic stockpile, not everyone else has to do
• 18:28
  something similar. So this is how it works in
• 18:31
  Bitcoin. If you aren't first to Bitcoin,
• 18:34
  then you are in a losing position.
• 18:37
  And we're seeing that this is catching on.
• 18:39
  We've been talking about this for a long time as Bitcoiners.
• 18:42
  Yes, there is kind of some FUD right now in regards to
• 18:45
  Bitcoiners, you know, quote on quote, embracing the state,
• 18:48
  accumulating Bitcoin. But we all knew that this was
• 18:50
  going to happen. And so am I surprised?
• 18:53
  Not at all. I was very critical of the BRICS
• 18:55
  nations going out there and trying to create their own Fiat
• 18:58
  currency. And I even mentioned on that
• 19:00
  day, like it's only a matter of time until they figure out that
• 19:04
  the only solution is Bitcoin. And then what, like 2-3 weeks
• 19:07
  after that BRICS announcement, we have Putin coming out and
• 19:10
  saying like, you can't stop Bitcoin.
• 19:12
  And now we have a Russian State Duma proposing a strategic
• 19:16
  Bitcoin reserve. And so things are heating up and
• 19:19
  they're going very fast, I think a lot faster than us Bitcoiners
• 19:22
  even thought they would. But this is what happens when
• 19:25
  someone comes out very publicly and says, yes, I like Bitcoin.
• 19:30
  I'm going to, you know, put the wheels in motion to accumulate
• 19:33
  Bitcoin. And now the, you know, the
• 19:35
  global hash war, the global game theory around Bitcoin is playing
• 19:38
  out. And so, hey, as a Bitcoiner, I
• 19:41
  think this is going to obviously increase the buying demand and
• 19:45
  the price of Bitcoin. On the flip side, it is going to
• 19:48
  be very interesting to see which superpower becomes the 1st to,
• 19:53
  you know, create a Bitcoin strategic stockpile.
• 19:55
  So it is very interesting. Things are heating up.
• 19:58
  It's going to get really crazy in 2025.
• 20:00
  And further, like if one of these nations, let alone if
• 20:03
  three of these nations all propose or rather pass a
• 20:06
  strategic Bitcoin stockpile like this time is very, very clearly
• 20:11
  different, like the buying demand that will come from
• 20:14
  nation states with or without a money printer.
• 20:17
  To accumulate Bitcoin, that's going to be more, more, more of
• 20:22
  a floor than we've ever seen before.
• 20:23
  They're going to be accumulating so much Bitcoin like now is the
• 20:26
  time to continue to stack. Don't take your foot off the gas
• 20:29
  because hey, we may never come back down to 100K.
• 20:33
  If this does get kicked into motion.
• 20:35
  Like, I don't, I'm, I'm really not a believer of the, this
• 20:38
  cycle is the Super cycle. But with all this stuff playing
• 20:42
  out, it, it is start. I think the odds are starting to
• 20:45
  grow a little bit that if these nations and corporations do
• 20:50
  start to accumulate and acquire Bitcoin for the long term, the
• 20:53
  buying pressure is going to get crazy.
• 20:56
  Like, you know, we know sailors going to do that $42 billion
• 20:59
  buys a Bitcoin over what was it like 4 years, I believe.
• 21:02
  Now, if we have, you know, a couple more billionaires doing
• 21:04
  something similar, plus nation states doing something similar,
• 21:08
  the the floor is going to be exponentially higher than we've
• 21:12
  ever seen before. So things are getting absolutely
• 21:15
  nuts. And I personally, it is a bit
• 21:18
  surprising. Obviously, Nico, you kind of
• 21:20
  mentioned the meme of like, I forget who was in the chat, but
• 21:23
  your Bitcoin tomorrow's Bitcoin news today.
• 21:25
  But it's very easy to predict where the future is going if you
• 21:29
  understand what's going on with Bitcoin and you change your
• 21:32
  operating system. And so, you know, am I surprised
• 21:35
  that this is happening? Not really am I surprised that
• 21:38
  it's kind of happening so quickly yes, that's the part
• 21:41
  that is a little more surprising that you know, ever since Trump
• 21:44
  got elected, it's like the dominoes are falling very
• 21:46
  quickly. So whether you like or dislike
• 21:48
  orange man, I think he's starting to kick the dominoes
• 21:52
  now and everyone has to take Bitcoin seriously.
• 21:55
  And also on the you know, the sanctions stuff like we've been
• 21:57
  talking about this for a long time.
• 21:59
  I I honestly was surprised that Russia was going to create or
• 22:02
  rather the BRICS nation was going to create their own Fiat
• 22:05
  currency when like they first hand experience understands
• 22:09
  what's happened with Fiat currencies.
• 22:11
  And now I think this is a great development.
• 22:14
  Again, whether you like or dislike Putin, we knew that this
• 22:17
  was the game theory that's going to play out.
• 22:19
  And even further, Russia proposing this, or rather, if it
• 22:22
  passes through Russian, what's the state DuMont actually gets
• 22:25
  put into law, then that means all the other BRICS nations are
• 22:28
  also probably going to propose something very soon.
• 22:31
  So again, the gradually then suddenly meme is playing out
• 22:33
  real, like in real time, and we might be seeing a lot of
• 22:38
  suddenly happen. And man, I'm here for it.
• 22:41
  It really does feel like Bitcoin's taking over the world
• 22:43
  in 2024 and I think it will very clearly take over the world in
• 22:47
  the next cycle. 100 percent, 100% Also breaking news,
• 22:52
  everybody. Microsoft votes no on Bitcoin at
• 22:58
  Treasury. They will be back, you know,
• 23:01
  people, institution, whoever it is, you get Bitcoin at the price
• 23:05
  you deserve. That's just that's the way the
• 23:07
  cookie crumbles. That's the way that Bitcoin
• 23:09
  works. But update for you guys,
• 23:11
  official Microsoft, the Microsoft board, the Microsoft
• 23:15
  shareholders, they vote no for adding Bitcoin on their balance
• 23:21
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• 23:23
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  up to 1,000,000 Satoshis. All right everybody, let's get
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  to the numbers. We have lots to talk about
• 25:44
  today, guys. The show is just getting
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  started. I want to tell you guys about
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  to do it properly. You.
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  That's why you shouldn't write down your seed words.
• 27:30
  You should literally stamp them onto a plate of titanium.
• 27:36
  I mean, like I see this comment in the chat basically
• 27:39
  criticizing the stamp seed guys. It's not dumb at all.
• 27:42
  It's the, it's literally how I store my seed words because
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  essentially the, the, the contrast that you have is
• 27:49
  essentially writing down your seed words on a piece of paper.
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  Could you imagine if there's a fire at your house?
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  God forbid like the stamp seed, this is what it's for.
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  It's it's time proof it's going to it.
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  You can dump it in salt water. You'd literally they put a
• 28:04
  blowtorch to it and it survived. This is the right way of storing
• 28:09
  your seed words. I'm I'm not kidding.
• 28:11
  Anyways guys, at the time of recording the Bitcoin price is
• 28:15
  $94,840. Block height 874,133 sats per
• 28:24
  dollar 1054 market cap 1.88 trillion Bitcoin pricing gold
• 28:29
  35.2 oz. I don't like that one, I'm gonna
• 28:31
  remove it. Bitcoin versus gold market cap
• 28:34
  10.03% percentage issued 94. I just don't know what like you
• 28:39
  know how what what the gold at like I don't know what that
• 28:41
  means. Percentage issued 94.25% Decline
• 28:45
  from all time high -8.5 Realized monetary inflation continues to
• 28:50
  go down 1.16%. You need to take Fiat currencies
• 28:54
  to absolute school. Anyways, the Bitcoin MENA,
• 28:58
  having the Bitcoin MENA conference just wrapped up and
• 29:03
  it was being thrown by our friends over at Bitcoin
• 29:07
  Magazine. It's being hosted in Abu Dhabi.
• 29:10
  And the son of the presidential candidate Donald Trump had an
• 29:16
  amazing, amazing speech. And this guy should just have
• 29:20
  you so bullish for 2025 because all the planets and stars are
• 29:27
  aligning for an explosive year. You have nation state adoption.
• 29:31
  You have corporate adoption. You have individual adoption.
• 29:34
  You have an upcoming administration that is not only
• 29:38
  friendly to Bitcoin, they're celebrating with bitcoiners once
• 29:42
  Bitcoin reaches certain price points.
• 29:44
  It's absolutely insane. So we have the speech from the
• 29:49
  conference and again, shout out to our friends over at Bitcoin
• 29:52
  Magazine for continuing to throw some of the best Bitcoin
• 29:55
  conferences of the year. Let's check it out.
• 29:57
  Here we go. But now more than ever before
• 30:01
  now, after everything I've witnessed, having maybe the
• 30:06
  greatest look behind the curtains of anybody on on earth
• 30:09
  into what the systems truly are, how the systems are manipulated,
• 30:13
  Bitcoin is actually proving to be the greatest compliment to
• 30:18
  the hard assets our family loves so much.
• 30:22
  You know, just like real estate, obviously, Bitcoin's scarce.
• 30:25
  There's only 21 million. I don't need to tell anybody in
• 30:27
  this room that, you know, name another commodity that's capped.
• 30:31
  Name another commodity that as prices go up, it's not further
• 30:36
  exploited. Guys, if gold ever went to
• 30:38
  $20,000, you'd be tearing down this building.
• 30:41
  You'd be looking in the concrete pillars over there.
• 30:44
  You'd be trying to mine gold. You'd be changing the supply
• 30:47
  dynamics with Bitcoin, you can't.
• 30:50
  You know, with Bitcoin, Bitcoin's supply is capped.
• 30:54
  That scarcity, that hard limit, it makes it incredibly valuable,
• 31:01
  especially as these assets are being purchased in the billions.
• 31:03
  That's why you see the sky. You know the price skyrocket the
• 31:06
  way it is. But unlike real estate,
• 31:10
  bitcoin's not tied to geography. It's global.
• 31:13
  It's instantly liquid. You know, try selling this
• 31:17
  Convention Center to a REIT right now.
• 31:19
  You know, I'll see you in two years.
• 31:21
  Try going out and selling a big office building.
• 31:23
  You know it will take you 18 months to do.
• 31:25
  At the end of it, you're going to want to shoot yourself in
• 31:27
  frustration. You know, think about the, the,
• 31:30
  the compliment to hard assets that Bitcoin is right.
• 31:34
  It's instantly liquid. You can buy or sell it while
• 31:37
  literally having dinner with your wife or your husband or
• 31:40
  whoever it might be. It's borderless, you know, It
• 31:44
  can be transferred. It can be sold.
• 31:46
  It can be, you know, moved with a click of a button.
• 31:49
  It's a global currency. It doesn't rely on traditional
• 31:52
  banking systems. It's not subject to the corrupt
• 31:55
  governments that we talked about before.
• 31:57
  We see them all over the world. There's corruption everywhere.
• 32:01
  There's no banks, there's no lawyers.
• 32:03
  There's No title agencies. There's no brokerage
• 32:05
  commissions. There's no middle men.
• 32:09
  You don't need any of this to operate, to buy, sell.
• 32:11
  You don't need it to build. And that's why Bitcoin is such
• 32:16
  an unbelievable asset. Bitcoin and crypto, guys, they
• 32:21
  truly has the ability to change the world.
• 32:25
  It has the ability to disrupt traditional banking systems, you
• 32:28
  know, in the biggest way, which really have been controlled by
• 32:33
  far too few. And I might be speaking against
• 32:35
  your own interest. We probably did better in that
• 32:37
  world than anyone. But Bitcoin is inclusive.
• 32:42
  It gives everybody the opportunity around the world to
• 32:45
  participate in ways that they never otherwise would have
• 32:48
  thought, no matter of their wealth, no matter of their
• 32:51
  location, the geography, people in developing countries, people
• 32:56
  who otherwise wouldn't stand a freaking chance.
• 33:00
  It gives them tremendous opportunity, and people very
• 33:04
  rarely ever say that about Bitcoin.
• 33:07
  It's a beautiful thing, and it's the thing that should be
• 33:09
  celebrated. It should think.
• 33:12
  I mean, OK, guys, first of all, and I'm not trying to make an
• 33:19
  excuse or whatever, but we have to understand that Trump is
• 33:22
  basically almost 80 years old, OK?
• 33:26
  You know what surprised me? That was the first time watching
• 33:29
  that video. He has deep knowledge of
• 33:34
  Bitcoin. He has deep knowledge of Bitcoin
• 33:38
  and this is the son of and someone corrected me in the
• 33:41
  chat. I appreciate that this is the
• 33:43
  son of the president of elect ex president has already been
• 33:46
  president, but just elected president, but president then
• 33:50
  the second term, the 47th president of the United States
• 33:54
  and his son has a deep understanding of Bitcoin and the
• 34:01
  implications and what makes it different than gold and the
• 34:04
  absolute scarcity of Bitcoin and all the other implications.
• 34:09
  He laid it out. He understands what this is.
• 34:14
  And again, this is the this is the son of the incoming
• 34:18
  president. So I think that's a big effing
• 34:22
  deal. That's a big effing deal in my
• 34:25
  opinion. So again, shout out to our
• 34:28
  friends over at Bitcoin magazine.
• 34:30
  Guys continue to up the bar and these conferences and the
• 34:34
  speakers that they managed to get and you know, the the
• 34:38
  Enlightenment that we get from these speakers to hear their
• 34:42
  talks, whether that was the orange man himself in Nashville,
• 34:47
  RFK junior going in hard in the paint, you know, or the
• 34:52
  president's son in in Abu Dhabi, just this just this weekend,
• 34:58
  incredibly impressive. And you know, Eric Trump knows
• 35:03
  what Bitcoin is. I can't even imagine how Baron
• 35:07
  Trump, his understanding of Bitcoin, you know, he probably
• 35:11
  already has a passport. He probably already he's
• 35:13
  probably already taken self custody.
• 35:15
  You know, hopefully he's not too much into meme coins, but but
• 35:20
  yeah, man, it, it's incredible. Opti from from from my
• 35:24
  perspective that that was the first time I watched that video.
• 35:26
  What's your take, brother? Yeah, well, I was.
• 35:28
  I was going to joke and say the same thing.
• 35:31
  I wonder what Baron thinks about Bitcoin because he seems to be
• 35:33
  the one that's really on the ball, but just hearing that.
• 35:36
  Can I pause you for a SEC, guys? Smash.
• 35:39
  Sorry, Opti. No, you.
• 35:40
  You interrupt me all the time during the culture.
• 35:42
  I feel bad guys. If you guys are enjoying the
• 35:44
  show so far, help us break 250 likes within the first hour of
• 35:49
  the show. We're already at 196 lights.
• 35:52
  We're about to break 600 live viewers just on YouTube alone.
• 35:56
  We're at 3000 live viewers total between YouTube Rumble and X.
• 36:00
  So guys, we wouldn't be here without you.
• 36:02
  We appreciate you. We love you.
• 36:03
  If you guys want to continue to push the orange signal forward,
• 36:07
  smash that like button. All right, Opti, it's all yours.
• 36:10
  Yeah, yeah, like, like I was joking, you know, I, I want to
• 36:14
  hear Baron talk and, and also we just heard Baron's voice for the
• 36:17
  first time, like this week, so I want to hear him go in on
• 36:19
  Bitcoin. That's probably a better speech.
• 36:21
  But everyone's saying in the chat that he's just parenting a
• 36:24
  script that he wrote. Yeah, guys, that's usually,
• 36:27
  that's usually how presentations go.
• 36:29
  But from just being, you know, just on the surface, just
• 36:32
  hearing what he's saying, it does sound like he's a Bitcoiner
• 36:35
  and it does sound like he understands what is actually
• 36:38
  going on. It looks like he has done his
• 36:40
  research. And I don't think any of us are
• 36:43
  really, you know, like, I don't think we've priced in the fact
• 36:46
  that maybe the Trump administration does understand
• 36:49
  Bitcoin than they've let on. I know a lot of people have been
• 36:51
  saying like, oh, Trump's a politician.
• 36:53
  He's just, you know, parroting his script.
• 36:55
  His script writers might know what's going on, but it looks
• 36:58
  like the Trump kids have done their home homework and it does
• 37:01
  seem like they are understanding Bitcoin.
• 37:03
  And there was one point, of course, I have to do the, you
• 37:06
  know, the typical maxi thing where, you know, he just had to
• 37:09
  slide in crypto, obviously because they have their shit
• 37:12
  coin, I forget what it's called, like world liberty coin or
• 37:14
  whatever. And so just to be clear here, it
• 37:17
  is not an crypto. The only thing that does what
• 37:20
  Eric Trump was saying right there is Bitcoin.
• 37:23
  It is Bitcoin only. That's the only thing that is
• 37:25
  actually going to do all the things that Eric Trump was just
• 37:28
  talking about. And if you kind of eliminate
• 37:31
  that and crypto part, because we know it's incentive.
• 37:33
  They have their own coin, you know, they're kind of shit
• 37:35
  corners, but it does go to show that he has done his homework
• 37:39
  and you know, can you really see how that isn't the case?
• 37:44
  I mean, they have been on the back end of all of the things
• 37:47
  he's been talking about though. The part that I find the most
• 37:50
  interesting and we kind of talked about this in the
• 37:53
  beginning and this is what I was going to bring up in the
• 37:54
  beginning, but I wanted to wait until we heard that clip.
• 37:57
  The part that was the most interesting to me was is where
• 38:01
  Eric Trump was talking about that embracing Bitcoin might be
• 38:05
  against his own best interests. And that is the most interesting
• 38:08
  part about that clip to me personally, considering all the
• 38:11
  stuff we've been covering the last week.
• 38:13
  You know, I mentioned it earlier, Trump kind of came out
• 38:15
  against BRICS nations dropping dollars and treasury.
• 38:19
  And then on the other side, he's embracing a strategic Bitcoin
• 38:22
  stockpile. And, you know, it's kind of hard
• 38:25
  to circle that square here, but you can tell that they've done
• 38:30
  their homework. And hey, this is one of those
• 38:33
  things where it it's kind of like the Lord of the Rings meme,
• 38:36
  you know, where like you got to throw the ring into the fire to
• 38:39
  kind of usher in all the things we talked about.
• 38:42
  And I think that is one of the concerns we're all kind of
• 38:45
  watching as big corners. Obviously, we are very skeptical
• 38:48
  politicians and people that are within the system because they
• 38:52
  benefit from the Fiat dollar. And we've heard some rhetoric
• 38:55
  from Trump kind of embracing the dollar.
• 38:57
  And we've been very critical on a lot of people whose patriotism
• 39:01
  is so wrapped up in Fiat currencies.
• 39:03
  And we argue the opposite, that it is very patriotic to embrace
• 39:08
  Bitcoin. Bitcoin is basically, you know,
• 39:10
  built on these American principles of property rights
• 39:13
  and freedom. And so it is interesting to hear
• 39:16
  Eric Trump, you know, one of the sons of the soon to be president
• 39:19
  or president-elect, talking about Bitcoin and the fact that
• 39:22
  him embracing Bitcoin might be working against their best
• 39:24
  interests. And it is going to be
• 39:26
  interesting to see what happened in 2025 when Trump does get into
• 39:31
  office, whether they are going to follow through with the
• 39:33
  strategic Bitcoin stockpile. Now there is kind of a lot of
• 39:37
  factors playing into that, whether it is Russia or China or
• 39:41
  other countries and states kind of talking about the strategic
• 39:44
  Bitcoin stockpile or reserve. And so I think they have done
• 39:48
  their homework. Yes, he is, you know, kind of
• 39:51
  being a politician on the, on the the stage, reading a script,
• 39:55
  you know, that's kind of what people do when they're
• 39:57
  presenting. They have their outline so that
• 39:58
  they don't forget what they're talking about.
• 40:01
  But when you hear him talk, it does seem like he's done the
• 40:04
  homework and is at the very least kind of falling down the
• 40:07
  rabbit hole and understanding what's going on with Bitcoin.
• 40:10
  Obviously we got to get him over the hump and realize that it's
• 40:13
  not shit coins that are going to do that.
• 40:15
  It's only Bitcoin. But we have heard a lot of
• 40:18
  conversations coming out from politicians and some of the
• 40:21
  regulation coming out in regards to being pro stable coins, which
• 40:25
  I'm not. Not really a fan of but we
• 40:27
  understand the mechanics in behind the scene and what's
• 40:29
  going on So hearing that that clip there, I, I thought it was
• 40:34
  a pretty powerful speech like I to me it seems like he knows
• 40:38
  what he's talking about yes, of course you know with the caveat
• 40:41
  about the you know the shit coins there and Bitcoin and
• 40:43
  crypto stuff, but I don't think we've priced in the fact that
• 40:47
  the Trump administration or rather the people within the
• 40:50
  Trump administration understand Bitcoin.
• 40:53
  I wouldn't say maybe as well as all of us here, but they our
• 40:56
  understanding Bitcoin and the significance of it.
• 40:59
  That speech Opti. I know, that's what I'm saying.
• 41:01
  That speech, that was impressive, man, that was, I'm
• 41:04
  not gonna lie, it was, it was impressive, you know.
• 41:06
  But anyways, guys, it's gonna be a great show.
• 41:09
  Still so much content to get to. We got the culture with Opti.
• 41:13
  We got we got the new segment and of course we dropped the
• 41:17
  poll for you guys. I wanted to get, I wanted to get
• 41:19
  your guys's take. What will be the all time high
• 41:22
  in 2025? 38% of you guys. 300 of you guys
• 41:27
  voted. 38% of you guys, which is the majority have voted that you
• 41:32
  anticipate that we are going to break 300K next year.
• 41:37
  Incredibly bullish. Damn bro.
• 41:40
  Anyways guys, like I said, if you guys are enjoying the show,
• 41:43
  help us break. Oh we're almost at 250.
• 41:45
  Help us break 300 likes within the first hour of the show.
• 41:50
  So smash that like button. If you guys are enjoying the
• 41:53
  content, let's get to the news. We still have so much to cover.
• 41:57
  Let's check it out. I want to give a very special
• 42:00
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  All right, everybody, let's get to today's news.
• 44:26
  Starting off with man, I'm going to I'm going to say it again.
• 44:32
  I'm going to say it again so people understand because I'm
• 44:34
  going to be bat. The midterms are coming in 2026
• 44:38
  and you know, simply is going to be highlighting pro Bitcoin
• 44:43
  candidates and we're going to be highlighting anti Bitcoin
• 44:46
  candidates. And in 2028 we're going to do
• 44:48
  the same thing because we're not going to get caught with our
• 44:51
  pants down like we did this last election cycle.
• 44:54
  We want democratically for the anti Bitcoin politicians to get
• 45:02
  elected out and for the pro Bitcoin politicians to get
• 45:06
  elected in regardless of political party because Bitcoin
• 45:09
  is for everyone. So why am I saying elections
• 45:12
  have consequences? Well, not I mean to remind you
• 45:15
  guys, right, You have the change in stance from Russia.
• 45:18
  You have the change in stance from Morocco, you have the
• 45:21
  change in stance from China, right?
• 45:24
  The Chinese judge saying that Bitcoin is property.
• 45:26
  It's it's legal for Chinese citizens to own Bitcoin.
• 45:30
  And do you think all of that is a coincidence?
• 45:33
  Do you think all of that is happening roughly around the
• 45:35
  same time that Trump was declared the the the winner of
• 45:40
  the 2024 election? No, of course that's not a
• 45:42
  coincidence. Elections have consequences,
• 45:46
  right? Can't emphasize that enough.
• 45:48
  And I'm going to keep beating that battle drum because a lot
• 45:51
  of Bitcoiners are inherently anti politics, which rightly so
• 45:57
  you should be, right? Like we've lived in a political
• 46:00
  system where nothing changes. I completely empathize with that
• 46:03
  vantage point in that perspective.
• 46:06
  However, however right and I and I also believe in the theory
• 46:10
  from the sovereign individual that Bitcoin and information
• 46:13
  technologies like the Internet, like social media, is eventually
• 46:17
  going to make politics irrelevant.
• 46:19
  However, we are not there yet. We are still in the transition
• 46:23
  phase and in the transition phase.
• 46:27
  We want pro Bitcoin politicians and positions of power and
• 46:32
  influence because it will help the regulatory environment,
• 46:37
  therefore helping Bitcoin entrepreneurs build Bitcoin
• 46:42
  products and businesses without fear of repercussions or
• 46:45
  regulatory crackdowns, as was clearly shown with the exposure
• 46:52
  of operation choke .2 point O. We have even more data for that
• 46:56
  for in that regard for you guys today.
• 46:58
  So first I want to get to this. The US Treasury compares Bitcoin
• 47:04
  to gold, so to get their a specific wording, primary use
• 47:09
  case for Bitcoin seems to be a store of value, AKA digital gold
• 47:15
  in a decentralized finance world.
• 47:17
  Guys, do you know how massive that is?
• 47:21
  So this isn't just magic Internet money anymore.
• 47:25
  They're saying this is digital gold.
• 47:27
  And again, do you think that's a coincidence that that's
• 47:30
  happening at the same time that Jerome Powell says basically the
• 47:35
  same thing? Let's check it out.
• 47:36
  Dollar or in the Federal Reserve itself in in terms of the
• 47:39
  system. What do you think of that idea?
• 47:41
  I don't think that's how people think about it.
• 47:43
  I mean, it's, it's so, you know, people use Bitcoin as a
• 47:46
  speculative asset, right? It's, it's like gold.
• 47:49
  It's just like gold, only it's virtual, it's digital.
• 47:52
  Same exact wording as the Treasury.
• 47:55
  They got the memo. And where, where'd they get this
• 47:58
  memo from? Well, they got the memo because
• 48:01
  they want to keep their jobs and they see the incoming
• 48:05
  administration and they say, oh, I have found Satoshi.
• 48:12
  That's essentially what is happening, right?
• 48:14
  So going back to the theme, and I'm sorry, guys, you know what?
• 48:19
  I felt guilty initially, but after the Trump pump, after all
• 48:23
  this positive news that's been breaking elections have
• 48:27
  consequences. And we at Simply Bitcoin, we
• 48:31
  will support any candidate, regardless of political party
• 48:34
  that supports Bitcoin. All right, everybody.
• 48:38
  So moving on to some things that were uncovered regarding
• 48:42
  Operation choke .2 point O you guys know that we are not fans
• 48:46
  of the Bank Secrecy Act. The Bank Secrecy Act essentially
• 48:50
  allows the government to access a lot of of of financial
• 48:55
  statements that Americans have. They also introduced this
• 48:59
  regulation when the law was implemented in in the 1970s that
• 49:03
  essentially every $10,000 transaction had to be reported
• 49:08
  to the United States government. However, if you adjust As for
• 49:11
  inflation, $10,000 back in 1970 is the equivalent of $80,000
• 49:18
  worth of purchasing power today, right?
• 49:21
  So anyways, so let's see what the House Judiciary GOP has
• 49:27
  uncovered. New report how the federal
• 49:29
  government weaponized the Bank Secrecy Act to spy on Americans.
• 49:34
  Think your finances are private? No, I never thought that.
• 49:37
  Think again. This new report reveals how
• 49:41
  under the Biden administration, the FBI and the Treasury
• 49:44
  Department have manipulated federal laws like the Bank
• 49:47
  Secrecy Act to access Americans private financial data without a
• 49:51
  warrant. It also start started with It
• 49:55
  all started after a whistleblower told the committee
• 49:58
  that following January date. In January, Bank of America
• 50:03
  voluntarily provided the FBI with a list of individuals who
• 50:07
  used Bank of America cards in the DC area during that time
• 50:11
  without legal process. In response, the judiciary, GOP
• 50:16
  and weaponization launched an investigation.
• 50:19
  We uncovered evidence of federal law enforcement engaging in
• 50:22
  broad financial surveillance, prying into the private
• 50:25
  transactions of American consumers.
• 50:28
  In fact, the Treasury Department's Financial Crimes
• 50:31
  Enforcement Network, AKA Finsen, and the FBI facilitated multiple
• 50:36
  back channel discussions with financial institutions to gather
• 50:39
  Americans private financial information.
• 50:42
  The federal government used sweeping terms like MAGA and
• 50:46
  Trump to flag Americans and even treating the purpose, the
• 50:50
  purchases of Bibles or firearms as signs of extremism.
• 50:55
  OK, now, why is all of this important?
• 50:59
  Well, this doesn't surprise me, right?
• 51:02
  You know, absolute power corrupts absolutely.
• 51:04
  You know, I also don't blame incentives, right?
• 51:08
  If, you know, if you have the power to go after your opposing
• 51:12
  political party, you're going to do it.
• 51:15
  I don't blame them for doing that.
• 51:17
  What Bitcoiners are advocating for is a system on which you
• 51:21
  cannot do that. You cannot do that.
• 51:26
  You No one has that power to censor.
• 51:30
  No one has that power to debank someone who is taking self
• 51:36
  custody with Bitcoin. So I'm not going to put too much
• 51:40
  blame on the Democrats because the Republicans did the same
• 51:45
  thing back in the 1950s during the McCarthy era.
• 51:50
  They went after their political opponents.
• 51:53
  The the the problem is the ability for the government in
• 51:57
  general to weaponize money because they control the money.
• 52:02
  How do you fix that? The separation of money and
• 52:05
  state via Bitcoin. It's all I'm advocating for.
• 52:09
  So does any of this stuff surprise me?
• 52:11
  No. And by the way, this is the same
• 52:13
  government that is asking you to trust me, bro, with a central
• 52:16
  bank digital currency. We're not going to use this
• 52:18
  against you. Like, I'm sorry guys, I don't
• 52:22
  trust you bro. You have a very bad track
• 52:24
  record. Bad track record of trusting,
• 52:27
  trusting you, bro, and it being used against American citizens.
• 52:32
  So anyways, that's my take on that.
• 52:34
  It's not a partisan 1. I don't think any political
• 52:38
  party, whether it's the Republicans or the Democrats,
• 52:41
  should have the ability to weaponize money because it's
• 52:44
  human nature. Like, like, I don't blame them.
• 52:47
  They probably, you know, they probably believe that, you know,
• 52:51
  they were, they were genuinely going after extremists.
• 52:53
  Like I don't blame them for thinking that.
• 52:56
  But you know, if you have the power to essentially do you have
• 53:02
  the power to go after who you believe is an extremist, you're
• 53:06
  going to use it. So I don't blame them for doing
• 53:08
  that because then it gets divisive.
• 53:10
  And then we get into this whole partisan discussion.
• 53:12
  I'm not interested in getting into that because essentially we
• 53:16
  want to remove the human element out of the equation.
• 53:20
  Instead of trusting, it's don't trust, verify.
• 53:24
  Instead of trusting on the system, it's you know Bitcoin
• 53:28
  has rules, you follow them, benefits you.
• 53:32
  The rules don't change, the supply doesn't change.
• 53:35
  It's censorship resistant. You can't change the supply.
• 53:39
  You can't change the rules of the money to benefit yourself.
• 53:43
  So that is the perfect system for money because then no one
• 53:48
  could weaponize it. And if you can't weaponize
• 53:51
  money, the next step is discussion.
• 53:55
  If you believe that the other party is wrong and they're
• 53:58
  incorrect in their beliefs and whatever, you're gonna have to
• 54:02
  win in your argument in the battleground of ideas, the way
• 54:07
  that things should work, right? So yeah, man, that's my stance
• 54:11
  on that. Doesn't surprise me that this is
• 54:14
  getting uncovered. And again, This is why I think
• 54:18
  central bank digital currencies are a terrible, horrific idea.
• 54:23
  It's such a bad idea on so many levels.
• 54:27
  I cannot emphasize that enough. So yeah, that's my take.
• 54:31
  Opti, what's your perspective on this, Brother?
• 54:35
  This is something like we're on YouTube, so we have to be
• 54:38
  YouTube friendly, but what's your perspective on this in
• 54:41
  regards to they want us to trust them with CBDC's bro, And I'm
• 54:45
  looking at this and I'm like, yeah, dude, I don't think that's
• 54:48
  a good idea. What's your take?
• 54:51
  Yeah, I mean, am I surprised by this?
• 54:53
  Not at all. I think if you've been a
• 54:55
  Bitcoiner for more than a couple of years, then you knew that
• 54:58
  this was already the case. I think the interesting part
• 55:00
  about this is one, now that it's coming to light, you know, of
• 55:05
  course, like we are vindicated. We've been saying this for a
• 55:07
  long time. For a while as a bitcoiner, it
• 55:10
  was something it was more like AI don't know if this is the
• 55:13
  right framing, but it was more like a running thesis for a lot
• 55:15
  of us that we knew this was happening and you could see
• 55:18
  examples of this, but there was never anything really written or
• 55:22
  you know any real report coming out in regards to the Bank
• 55:25
  Secrecy Act. And now it's it's coming to
• 55:27
  light and so am I surprised no, not at all we've been covering
• 55:31
  this for a long time as a Bitcoiner, you knew this was
• 55:33
  taking place, but I what I do find interesting is that now
• 55:36
  that it is coming to light, hopefully more people understand
• 55:39
  why Bitcoiners do what they do and why we are so adamant about
• 55:43
  Bitcoin is because we understand that the powers that be have
• 55:46
  abused their power. And we ask the question all the
• 55:49
  time here on the show, like, if the powers that be do not want
• 55:52
  you to speak freely, what makes you think that they want you to
• 55:54
  transact freely? And now both of those points
• 55:57
  have been very thoroughly exposed.
• 55:59
  And as the mean goes, or the saying goes, the best
• 56:02
  disinfectant is light. And so now that more people are
• 56:05
  being exposed to the actual problem, hopefully more people
• 56:08
  will search for the solution because we've been talking about
• 56:11
  that on this show for a long time, is that, you know, first
• 56:14
  of all, you got to understand the problem at hand.
• 56:16
  And once you understand the problem at hand, then you start
• 56:18
  to search for the solution. But if you talk to an, an
• 56:21
  average person out there, like, I don't know if you guys talk to
• 56:23
  your parents about stuff like this, but they, they still think
• 56:26
  we're like crackpot conspiracy theorists and we're like, no,
• 56:28
  like this is how the world works.
• 56:30
  And now it's coming to light. So hopefully more people are
• 56:33
  starting to realize the actual mechanics and, and the strings
• 56:37
  that can be pulled to, you know, stop dissent or rather to
• 56:41
  basically control the population.
• 56:43
  And again, we, we have the, the data points now we have the
• 56:47
  reports exposing all the stuff we've been talking about.
• 56:49
  So like I was thinking about about this earlier in a
• 56:51
  different regards. It's like if you, if you don't
• 56:55
  trust 2 dudes on Youtubes in hoodies, well, maybe you'll
• 56:59
  trust this official report. And earlier I was kind of
• 57:02
  thinking of like, man, you know, RIP to all the people that
• 57:04
  didn't listen to us, you know, 2 random dudes on YouTube and are
• 57:07
  looking at 100K Bitcoin and feel feel extremely poor right now.
• 57:10
  And it's like, hey, if you don't trust us, that's fine.
• 57:14
  I'm OK with that. But at least now there's a bunch
• 57:16
  of reports out there that are kind of saying the same thing
• 57:19
  that US Bitcoins have been saying for a very long, long
• 57:21
  time. This is how the world works.
• 57:23
  And if you are asleep at the wheel, then you don't see why
• 57:27
  Bitcoin is a solution, why there's so many adamant
• 57:31
  Bitcoiners out there. Because you know, hey, maybe
• 57:33
  maybe we are 65 IQ people out here, but we understand how the
• 57:37
  traditional financial world works better than the educated,
• 57:41
  you know, people with PhDs, etcetera.
• 57:43
  And this is how the world works. Now, I do kind of want to
• 57:46
  mention one thing in regards to the US Treasury report.
• 57:50
  First of all, it is very interesting again to see how
• 57:53
  quick the dominoes fall. Remember, for a long time, in
• 57:57
  the last year and further the last 15 years, Bitcoin has been
• 58:01
  like this Internet nerd money. You know, who needs money, Who
• 58:04
  needs a digital Internet money to buy drugs?
• 58:06
  You know, they've been painting us as financial terrorists and
• 58:09
  financial criminals, etcetera, etcetera.
• 58:11
  And now we have again, another report coming out from the US
• 58:15
  Treasury saying that oh, wait, yeah, actually, you know, you
• 58:18
  might want to hold some Bitcoin. It might actually actually be
• 58:20
  this digital gold thing. And you know, of course, again,
• 58:23
  we're seeing this narrative kind of come out right now where
• 58:26
  Bitcoin is only like a store value slash speculative asset.
• 58:30
  But that is still a long way from them saying, oh, Bitcoin is
• 58:34
  what was it saying? Like Bitcoin is just hot air.
• 58:36
  You know, there's, there's nothing backing it and it's
• 58:38
  useless and has no value. And it's like, cool story, bro.
• 58:41
  It's at 100K. And now we're getting these
• 58:43
  reports come out, which is them kind of saying, OK, actually
• 58:47
  it's them bending the knee. Like actually, you know, Bitcoin
• 58:49
  kind of does have a place in a traditional portfolio.
• 58:53
  It may be, you know, it may just be for those crazy libertarian
• 58:57
  off the grid people that are very scared about some on some
• 59:01
  oncoming, you know, unknown collapse.
• 59:04
  It may be more like gold here. So I think these are baby steps.
• 59:08
  Obviously, as a Bitcoiner, I would argue that Bitcoin is just
• 59:11
  like the best money. It's the best way to transact in
• 59:14
  the digital age. It's obviously going to be and
• 59:18
  maintain and has been the strong longest store of value period.
• 59:22
  I think it's easier to exchange on the Internet with like it's
• 59:26
  my personal unit of account. So all those 3 metrics, in my
• 59:29
  opinion, it's the best form of money period.
• 59:31
  Or if you're going beauty on the best form of pseudo money
• 59:34
  period, you know, we're going down that rabbit hole.
• 59:37
  But I think this is a very interesting development that
• 59:42
  we've seen right now is where they're betting the need to kind
• 59:45
  of giving some benefit to Bitcoin even though it's only
• 59:50
  gold right now. Soon enough, I think we will
• 59:53
  probably get to a point where they're saying it's the best
• 59:55
  money. Obviously, the US Treasury is
• 59:57
  not going to say Bitcoin is the best money because they think
• 1:00:00
  the dollar is the best money. So you can see the incentives at
• 1:00:03
  play. And when I hear Jerome Powell.
• 1:00:06
  And the US Treasury kind of say like, oh, it's just a
• 1:00:08
  speculative asset. It's just gold.
• 1:00:10
  The Sun Zu quote comes to mind. Like, you know, don't, don't
• 1:00:15
  let, don't, don't correct your enemy when they're making a
• 1:00:18
  mistake. And so as much as as the
• 1:00:20
  bitcoiner in me wants to be like, no, it's the best money.
• 1:00:23
  It's not just digital gold. I'm like, I'm OK with this.
• 1:00:26
  Like go out there and say, it's just digital gold.
• 1:00:28
  Let people use it and save in it.
• 1:00:31
  And, you know, like, do what you do what you have to say to
• 1:00:34
  appease your overlord, but Bitcoin is very clearly going to
• 1:00:38
  overtake the world. All we need is a foot in the
• 1:00:41
  door and all of this is going to go away.
• 1:00:44
  And, you know, very soon they'll be, look, I told you guys, we,
• 1:00:47
  you know, we love Bitcoin, etcetera.
• 1:00:49
  And it's like, hey, man, I love this narrative.
• 1:00:51
  I, I actually, as much as I think Bitcoin is more than
• 1:00:55
  digital gold, I absolutely love this narrative right now because
• 1:00:58
  hey, we'll transact with it. You know, this is the slide
• 1:01:01
  roundabout way to take back our power.
• 1:01:04
  And if they just give us easily, Yeah, that's what I'm saying.
• 1:01:08
  If if they just give us a crack in the door.
• 1:01:10
  Within the line. 100% if they just give us a crack in the
• 1:01:14
  door, you know, just a little little opening.
• 1:01:17
  It's like the meme, the Trojan horse of freedom.
• 1:01:19
  And so hey, call it digital gold all you want.
• 1:01:22
  I'm personally not a fan of the digital gold meme, but hey, baby
• 1:01:26
  steps. We're getting there and they
• 1:01:28
  have to capitulate. This is capitulation as far as
• 1:01:31
  I'm concerned. We've we totally, totally
• 1:01:34
  changed the narrative around Bitcoin yes, we're still kind of
• 1:01:37
  going through like the initial stages of like, oh, hey, if you
• 1:01:41
  want to speculate on Bitcoin, go for it versus a couple years
• 1:01:44
  ago. It's like, oh, it's only for you
• 1:01:46
  don't want none of this. You know, it's like you don't
• 1:01:48
  want none of this, Dewey Cox, you don't want this best
• 1:01:50
  performing acid in the world. Like it's just digital gold.
• 1:01:53
  Who needs a pet digital rock? And it's like, hey, I do.
• 1:01:56
  But, you know, have fun. Have fun calling it digital
• 1:01:59
  gold. And Bitcoin's going to take over
• 1:02:01
  the world, so I'm OK with it. Amen to that.
• 1:02:03
  All right everybody, before we went to the news, we are going
• 1:02:06
  to feed some goats. Shout out to our boy lightning
• 1:02:11
  goats. That's right guys, if you guys
• 1:02:13
  want to beat me to it, just scan the QR code and you will feed
• 1:02:17
  some goats in real time. You will see their reactions.
• 1:02:20
  How much do I owe? 995 next and we are going to
• 1:02:26
  feed the goats. Boom, the lightning has been
• 1:02:33
  sent. Oh, oh, feed triggered.
• 1:02:41
  Feed triggered. Nothing happened.
• 1:02:46
  Wow. Oh, wait, no, no, no, wait.
• 1:02:48
  Four. It's 40 sats to go.
• 1:02:51
  It's 40 sats to go. It's 40 sats to go.
• 1:02:53
  That's the problem. 40 sats. OK, 40 sats.
• 1:02:57
  Let's see. 40 sats. Boom.
• 1:03:03
  Do you have the audio on now? I think so.
• 1:03:05
  I think the audio's on. Oh, feet are triggered.
• 1:03:13
  Oh, oh, oh, oh, the goats, the goats.
• 1:03:19
  Oh, man, I love lightning goats. All right, everybody, let's get
• 1:03:22
  on to the culture. We have lots to talk about
• 1:03:24
  today. Let's check it out.
• 1:03:26
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  All right everybody, I do want to give a shout out to simply
• 1:04:18
  Bitcoins newest sponsor, the Bit Block Boom conference.
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  Guys, this is going to be one of the best Bitcoin conferences of
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  the year. You definitely don't want to
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  calendars right now, April 3rd, April 4th, April 5th, April 6th
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  of the parabola year of 2025. It's going to be hosted in
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  Dallas, TX. Guys, the bit block Boom
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  conference holds a very special place in my heart because it's
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  the first time me and Opti met each other in person was at the
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  bit block boom conference. This is the purse perfect big.
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  This is the perfect conference to network to potentially get a
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  where it's not big enough where you get lost in the sauce.
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  It's just the right size, so you have the opportunity to go up to
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  some of your favorite bitcoiners and spark up that those
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  conversations, whether you know that's Dante, whether that's
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  conference in 2025 in Dallas, TX right, everybody, let's see what
• 1:05:47
  opti has for the culture today. Oh, Ray Dally.
• 1:05:52
  I don't, man. All right.
• 1:05:54
  Has he admitted something? Yes, yes, he's he's gone down,
• 1:05:58
  down the rabbit hole. Anyways, the reason I wanted to
• 1:06:02
  bring this up today guys, is because we are starting to see a
• 1:06:05
  cultural shift and I think it's really on theme with everything
• 1:06:07
  we've been talking about today. And if you guys don't know, Ray
• 1:06:10
  Dalio, obviously he's Co founder of hedge fund Bridgewater
• 1:06:15
  Associates. It's like the third largest a
• 1:06:18
  hedge fund in the world. They have it depending on the
• 1:06:20
  metric, assets under management, I think it's like 124 billion,
• 1:06:24
  but I also just got another metric, it's like 225 billion.
• 1:06:27
  So he's got a lot of assets under management and for a long
• 1:06:31
  time he's you can see that he's being, you know, a little crypto
• 1:06:35
  friendly or Bitcoin friendly. The last couple of years there
• 1:06:38
  was a time when he actually said here, and I have a quote, I
• 1:06:42
  don't think digital currencies will succeed in the way people
• 1:06:44
  hope they would. And this was 2020.
• 1:06:47
  So he's, you know, I think for a while he maybe was doing that,
• 1:06:51
  you know, billionaire Fudd playbook that I've been talking
• 1:06:53
  about here on the show for a long time.
• 1:06:55
  But he is now coming out and saying, I think the quiet part
• 1:06:59
  out loud. And again, we bring examples of
• 1:07:02
  this of people in powerful positions that are saying a lot
• 1:07:06
  of the things that as Bitcoiners have been saying for a long
• 1:07:08
  time. So he is still a little
• 1:07:09
  hesitant, a little skeptical. But as the title goes here, I'm
• 1:07:13
  on Coin Telegraph. Ray Dalio predicts global debt
• 1:07:16
  crisis, which sounds a lot like the Foss James Lavis, Larry
• 1:07:21
  Leopard meme we've been talking about for a long time.
• 1:07:24
  You know, the debt spiral, it seems to be underway.
• 1:07:28
  And he backs Bitcoin and gold. So of course, here we go just
• 1:07:31
  kind of going in. Billionaire investor Ray Dalio
• 1:07:34
  expressed concerns about a potential pending debt money
• 1:07:37
  problem in global finance and urge a shift toward hard assets
• 1:07:41
  like Bitcoin and gold. Sounds very familiar.
• 1:07:44
  It sounds like now the culture is shifting.
• 1:07:47
  It seems like there's a phase shift around Bitcoin ever since
• 1:07:49
  it hit 100K Now. Daliel, founder of one of the
• 1:07:52
  world's largest hedge funds, Bridgewater Associates, said he
• 1:07:55
  would invest in hard money like gold and Bitcoin while avoiding
• 1:08:00
  debt assets. The veteran investor referred to
• 1:08:02
  quote unprecedented levels of indebtedness seen in all major
• 1:08:06
  countries, including the US and China, stressing that its
• 1:08:09
  current levels would not be sustainable Again, it sounds
• 1:08:13
  like us bitcoiners. It sounds like everyone is
• 1:08:17
  finally able to come out and say favorable things about what's
• 1:08:21
  actually going on in the economy, which is 1.
• 1:08:24
  They're printing obscene amount of money.
• 1:08:25
  The debt is getting way too high and you don't want to be owning
• 1:08:29
  debt assets and you might want to go into hard money assets.
• 1:08:33
  And here we go quote. It is impossible for these
• 1:08:36
  countries to be able to not have a debt crisis in the years ahead
• 1:08:39
  that will lead to a great decline of money value.
• 1:08:43
  Again, quote, steer away from debt assets like bonds and debt.
• 1:08:47
  I believe that there will likely be a pending debt money problem,
• 1:08:50
  Dalio said, referring to debt as one of the five big forces
• 1:08:54
  driving the global economy alongside money economy,
• 1:08:56
  internal political order and external geopolitical order.
• 1:09:00
  And so he goes, quote, I want to steer away from debt assets like
• 1:09:04
  bonds and debt and have some hard money like gold and
• 1:09:08
  Bitcoin. And now historically in 2022, he
• 1:09:11
  kind of was talking about, yeah, like allocate up to like 2% of
• 1:09:14
  your investment portfolio on Bitcoin.
• 1:09:16
  And he has been kind of saying, hey, I'm more pro gold than I am
• 1:09:20
  pro Bitcoin. But now I think the signal is
• 1:09:23
  changing. And as I was saying a minute
• 1:09:25
  ago, there's been a fundamental phase shift ever since.
• 1:09:28
  Bitcoin has broken that 6 figure number.
• 1:09:31
  And going forward, I think we're going to see more powerful
• 1:09:34
  people. And remember, guys, he's a hedge
• 1:09:36
  fund. He's a billionaire investor out
• 1:09:38
  there. And so as a Bitcoiner, maybe
• 1:09:41
  you're like, yeah, who cares what people say, slay your
• 1:09:43
  heroes, etcetera, etcetera. But when someone like Ray Dalio
• 1:09:46
  comes out and says, like, yeah, I think there's a debt money
• 1:09:49
  problem and you probably want to hold some hard assets, that is
• 1:09:53
  signaling to everyone that not only we have a problem, but we
• 1:09:57
  know what the solution is. And us bit corners have been
• 1:09:59
  saying this for I don't even know how long, like forever.
• 1:10:02
  This sounds like exactly what bit corners have been saying for
• 1:10:05
  years. I don't know if you watch any
• 1:10:07
  other Bitcoin content, but the likes of James Lavish, Greg
• 1:10:10
  Foss, Larry Lepaul, we've been talking about the debt spiral.
• 1:10:14
  Are we at the position where the where the debt spiral is
• 1:10:17
  inevitable? Not necessarily.
• 1:10:19
  But we are starting to enter into very crazy inflationary
• 1:10:23
  times and the only way to protect yourself is to hold on
• 1:10:27
  to hard assets. Now, if you couple all that with
• 1:10:29
  what I've been telling you about the BRICS nations in the
• 1:10:32
  beginning of the show, you're starting to see that the smart
• 1:10:35
  money, and I hate using that term, but the people that
• 1:10:37
  understand what's going on with traditional finance, they're
• 1:10:40
  moving away from these debt assets.
• 1:10:42
  So if you are an individual out there, if you are a normal
• 1:10:46
  person, you don't have a, you know, you're not a billionaire,
• 1:10:48
  you don't own a hedge fund. Like I would take this as very
• 1:10:51
  clear signal that to, you know, idiots on YouTube might know
• 1:10:56
  what we're saying when, hey, you want to move away from debt
• 1:10:59
  again, the national, the national debt interest is
• 1:11:03
  starting to get out of control. And and that's not just only in
• 1:11:07
  America. This is happening everywhere.
• 1:11:09
  We're seeing hyperinflationary scenarios play out in the the
• 1:11:12
  past couple of years all around the world.
• 1:11:14
  And the signal here is that you want to drop the Fiat money.
• 1:11:17
  Guys. This is why we constantly tell
• 1:11:19
  you that, hey, you know, if you got a transact in dollars to
• 1:11:23
  survive, by all means. We're entering this like
• 1:11:26
  bimetalism era where there's dollars to spend and then
• 1:11:30
  there's Bitcoin to store. Yes, if you are an analog or a
• 1:11:33
  dinosaur out there, maybe you want to buy gold.
• 1:11:36
  Like I love wearing gold. It's pretty, you know, I, I joke
• 1:11:38
  all the time. I'm going to have a gaudy house
• 1:11:40
  once gold gets demonetized. But what you need to do, we are
• 1:11:44
  in a digital era. We are going further into a
• 1:11:47
  digital world. You might want to get some
• 1:11:50
  digital money in case it catches on.
• 1:11:52
  This is a store of value. You want to hold the hard money
• 1:11:55
  AKA Bitcoin, because everything divided by 21 million, they
• 1:11:59
  can't debase your currency, you know, censorship resistant,
• 1:12:02
  permissionless, etcetera, etcetera.
• 1:12:03
  You've heard all the news before.
• 1:12:05
  It is trending towards Bitcoin. All roads lead to Bitcoin.
• 1:12:09
  So when I hear Ray Dalio kind of come out a little stronger and
• 1:12:12
  being like, yeah, actually maybe a 2% allocation to Bitcoin isn't
• 1:12:16
  enough, maybe you want to drop all your debt assets and go into
• 1:12:20
  hard money. All I hear is, hey, maybe you
• 1:12:23
  need to buy as much Bitcoin as you possibly can so you can
• 1:12:26
  store it long term. So, Nico, it looks like ever
• 1:12:29
  since we broke that 6 figure, the knees are bending, the
• 1:12:34
  capitulation is happening. There's a fundamental cultural
• 1:12:37
  shift, a phase shift happening right now where it's no longer,
• 1:12:41
  you know, career suicide to embrace Bitcoin.
• 1:12:45
  It's almost like that's the smartest move to be playing
• 1:12:47
  right now. And again, I say it all the
• 1:12:49
  time, so many few or rather very few people understand what the
• 1:12:53
  problem is. But if Ray Dalio is saying this,
• 1:12:56
  if all the Bitcoiners are saying the same thing, if we're hearing
• 1:12:59
  even Jerome Powell and nation states around the world kind of
• 1:13:02
  talking about dropping debt, dropping U.S.
• 1:13:05
  Treasuries, dropping the dollar, and they're all kind of angling
• 1:13:08
  that maybe Bitcoin is something to hold.
• 1:13:10
  I don't know about you, but that is signal to me to be like,
• 1:13:14
  yeah, I am not only correct, you know, confirm my bias, but more
• 1:13:19
  people need to hear this message that there is a looming debt
• 1:13:22
  crisis playing out. And there's only one way to
• 1:13:25
  really protect yourself as far as I'm concerned, and that's
• 1:13:27
  holding Bitcoin. And so I hear Dalio say, yeah,
• 1:13:30
  I'm. I'm trying to hold hard money
• 1:13:31
  and I'm like, let's go. Like maybe Nico and I know what
• 1:13:35
  we're talking about here. Yeah, I mean, dude, like it's
• 1:13:38
  it's pretty crazy. It's pretty humbling going down
• 1:13:42
  this this this journey of, you know, when when Opti and I took
• 1:13:47
  the live, it took the show live. The next evolution of simply one
• 1:13:52
  of the first things that I told Opti, I said Opti, like we're
• 1:13:55
  kind of like reporters, you know, And then like, you know,
• 1:13:58
  cuz you start off with like just wanting to be a YouTube and you
• 1:14:01
  don't know what that entails. And I'm like, dude, like we kind
• 1:14:04
  of report on the news. And one of the things that we
• 1:14:06
  started noticing was we would pick up on trends before, like
• 1:14:12
  legacy media would pick up like, and this wasn't the times where,
• 1:14:15
  like Tucker was still with Fox. And like, we would say something
• 1:14:19
  about inflation or about money or about censorship.
• 1:14:22
  And then Tucker would cover it on his show like two days after.
• 1:14:25
  It would be like, whoa, we're on to something.
• 1:14:28
  And then this isn't even mentioning like the recent kind
• 1:14:31
  of behavior from the legacy media where they just straight
• 1:14:34
  up just forgot about the truth in totality.
• 1:14:36
  Not all of them, but a big percentage of them.
• 1:14:40
  Opti had me triggered with Chris Hayes yesterday.
• 1:14:43
  And and I was just like, and you know, and then that's really
• 1:14:47
  when it hit me with the Elon tweet where he's like, you are
• 1:14:51
  the media now. And essentially what we're
• 1:14:54
  witnessing is the replacement of the legacy media by new media,
• 1:15:00
  which is the rise of independent content creators.
• 1:15:02
  And I'm going to kind of weave this back in with the whole Ray
• 1:15:06
  Dalio, the Ray Dalio thing. Exactly.
• 1:15:09
  The weave, the weave like yeah, we got it right.
• 1:15:14
  Like yeah, it feels good to get it right.
• 1:15:16
  Imagine, you know, Ray Dalio is one of the most successful
• 1:15:20
  people on planet earth and just, you know, 2 humble Bitcoin
• 1:15:25
  Youtubers and content creators and then Xers and rumblers.
• 1:15:30
  Just we called it, we called it first.
• 1:15:33
  And I don't think it's cuz me and Opti are particularly
• 1:15:38
  geniuses or anything like that. I just think that because we
• 1:15:43
  understand Bitcoin and we have common sense and we have faith,
• 1:15:48
  a lot of these things are not that difficult to understand.
• 1:15:52
  It's, it's, it's actually incredibly obvious that Ray
• 1:15:56
  Dalio eventually was going to bend the knee, just like it was
• 1:15:59
  incredibly obvious that eventually Putin was going to
• 1:16:01
  bend the knee. Just like it's, I'm calling it
• 1:16:03
  right now. It's going to be incredibly
• 1:16:05
  obvious when China's going to have an official release, not
• 1:16:08
  just from a judge basically saying, you know what, actually,
• 1:16:12
  we're going to walk this back. Maybe they're going to continue
• 1:16:15
  using Hong Kong as a proxy, but I wouldn't be surprised if the
• 1:16:18
  CCP did a whole 180, especially if this strategic reserve thing
• 1:16:22
  gets passed in the United States.
• 1:16:24
  So yeah, man, stay winning. And I'm just I'm just super, I'm
• 1:16:29
  super honored guys to get to be able to do this mean this is me
• 1:16:33
  and optics dream that we've been fighting for tooth and nail to
• 1:16:37
  kind of build this platform and tell you guys the daily Bitcoin
• 1:16:40
  news better, better said the World News just from a
• 1:16:44
  Bitcoiners perspective. And, you know, it's just it's it
• 1:16:47
  continues to surprise me how many of these things we get
• 1:16:51
  right before a lot of legacy media even catches on to it.
• 1:16:56
  And you know, if if in the beginning I was surprised and I
• 1:16:59
  would call Opti and I would, you know, I tend to talk a lot.
• 1:17:02
  And Opti would pick up and we'd have like an hour and a half
• 1:17:04
  conversation of judges to be like, dude, like, did we really
• 1:17:07
  front run Tucker Carlson on this?
• 1:17:09
  You know, whatever the news was of the day, Like I can't believe
• 1:17:12
  it. But then it started to become a
• 1:17:13
  trend in terms of like Bitcoin news.
• 1:17:16
  And we called this with Russia. We called this with, you know,
• 1:17:21
  with Ray Dalio. I'm calling it with Microsoft.
• 1:17:24
  Microsoft will eventually buy Bitcoin.
• 1:17:27
  I'm calling it. It's inevitable.
• 1:17:30
  They're not going to have a choice.
• 1:17:31
  So they might delay it right now because, you know, they're
• 1:17:34
  taking an ideological stance and Bitcoin isn't real, a real
• 1:17:38
  treasury asset and blah, blah, blah, blah, blah.
• 1:17:40
  Like, OK bro, say whatever you want, but I know you're going to
• 1:17:43
  come back because eventually everyone bows down to the king.
• 1:17:46
  We were covering when we were simply Bitcoin was around when
• 1:17:51
  BlackRock was saying BlackRock and Larry Fink were saying that
• 1:17:54
  Bitcoin is no more than an index of money laundering.
• 1:17:59
  Simply Bitcoin was around when Goldman Sachs was saying
• 1:18:02
  something very similar. Fast forward a couple years,
• 1:18:06
  guess what Goldman Sachs is? It came out that they, they hold
• 1:18:10
  $700 million worth of Bitcoin or Bitcoin equivalents through the
• 1:18:14
  ETFs or micro strategy. Like, yeah, it's, it's, it's not
• 1:18:18
  surprising. I'm glad to say we told you so,
• 1:18:23
  you know, but it's a trend. If you guys want to hear what's
• 1:18:26
  going to happen in terms of Bitcoin world and Bitcoin news,
• 1:18:30
  TuneIn to simply you'll probably get the news way sooner than
• 1:18:34
  anywhere else. But again, I don't think it's
• 1:18:36
  just because me and Opti are super geniuses or anything.
• 1:18:40
  It's just we work on 1st principles.
• 1:18:42
  We have faith. We understand Bitcoin's
• 1:18:45
  incentives. We're bitcoiners, and we've been
• 1:18:49
  paying attention to the news five days a week for the last 4
• 1:18:54
  1/2 years straight, right? So anyways, man, doesn't
• 1:18:57
  surprise me. Glad Ray Dalio's on our team.
• 1:18:59
  I want to see Bridgewater officially announce that they're
• 1:19:03
  holding Bitcoin. That would be a huge win.
• 1:19:06
  But, you know, I think Trump was right with what he said at the
• 1:19:09
  Bitcoin conference in Nashville. You guys are going to win.
• 1:19:12
  You guys are going to keep on winning.
• 1:19:15
  And so far, since he's been elected, that prediction has
• 1:19:18
  come true. Now, is that all because of
• 1:19:20
  Trump? Of course not.
• 1:19:22
  But you know, it's just funny how all of that stuff works.
• 1:19:25
  So guys, we love you all. We appreciate you all.
• 1:19:29
  We wouldn't be here without you. You know, this has been some of
• 1:19:33
  Simply Bitcoins best weeks in terms of views and engagements.
• 1:19:37
  So on behalf of the entire Simply Bitcoin family, Nico
• 1:19:41
  Opti, Dante Rustin, Jacob, John, Parnika, Sophie, the whole
• 1:19:48
  Zoomer crew, you know, we wouldn't be here without you.
• 1:19:52
  We really appreciate it. And guys, we understand how much
• 1:19:55
  of A privilege it is to be here. And we're going to we're going
• 1:19:58
  to continue to try to do our best to give you tomorrow's
• 1:20:01
  Bitcoin news today. All right, guys, love you all.
• 1:20:04
  If you guys enjoyed the show, smash the like button.
• 1:20:06
  Consider subscribing if you feel like we provided you value.
• 1:20:11
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• 1:20:13
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• 1:20:16
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• 1:20:19
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• 1:20:24
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• 1:20:27
  Orange pill the people around you, orange pill your family,
• 1:20:30
  your friends. It doesn't matter whether
• 1:20:32
  they're liberals or conservatives, Bitcoin is for
• 1:20:34
  everyone. Take action, take agency, and
• 1:20:37
  eventually we are going to win. We're winning already, but we're
• 1:20:41
  going to win even harder. So guys, love you all.
• 1:20:44
  We'll see you on tomorrow for brand new episode of Simply
• 1:20:47
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