Latest / Simply Bitcoin / China's Secret Bitcoin Plan JUST Got More Interesting | EP 1149

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China's Secret Bitcoin Plan JUST Got More Interesting | EP 1149 · Simply Bitcoin

• 0:00
  Yo is another world superpower making moves into Bitcoin, and
• 0:05
  not only does this country control the most hash rate on
• 0:08
  the Bitcoin network, but they have been quietly pivoting on
• 0:11
  their Bitcoin position in the past three years.
• 0:14
  Their court system publicly declared Bitcoin as property a
• 0:16
  couple of months ago, and now we have lawmakers in a region they
• 0:19
  control demanding the politicians investigate Bitcoin
• 0:24
  and potentially add a strategic Bitcoin reserve themselves.
• 0:28
  Ever since the USA announced their intentions for a strategic
• 0:32
  Bitcoin reserve, the global pressure to adopt Bitcoin is
• 0:35
  ramping up. We've seen Russia talk about it,
• 0:37
  and now China is starting to show the FOMO to adopt Bitcoin.
• 0:41
  Will this happen quickly? Who will be the first one to
• 0:44
  adopt it? We don't know, but what we do
• 0:47
  know is the global hash war is picking up.
• 0:50
  All right, guys, let's get into this new story.
• 0:51
  But before I do that, I am not alone.
• 0:53
  We have the Bitcoin shooter with us and of course our boy Chris
• 0:57
  Alemo coming as Co host. So let's dive into this article
• 1:00
  here guys. The headline, a Hong Kong
• 1:02
  lawmaker proposes Bitcoin inclusion in fiscal reserves.
• 1:06
  Remember, we did cover this a couple of weeks ago that another
• 1:09
  Hong Kong lawmaker talked about a strategic Bitcoin reserve,
• 1:13
  though he was from a smaller party.
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  And this guy, the, this person, this Hong Kong lawmaker, he's
• 1:19
  from a bigger party, literally a one that has a lot more
• 1:23
  effectiveness, effectiveness, a lot more control in Hong Kong
• 1:26
  than the previous one. So let's get in this article.
• 1:29
  Politician and entrepreneur. Wu, I am going to butcher this.
• 1:34
  Yes. Huang, I don't know, sorry.
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  A member of the Hong Kong Legislative Council and the
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  National Committee of the Chinese People's Political
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  Consultative Conference has called for the inclusion of
• 1:45
  Bitcoin in the city's fiscal reserve.
• 1:47
  The proposal emerged during an interview published by the pro
• 1:50
  Beijing newspaper Wen Waipo, and here you can see some of his
• 1:54
  remarks. So Wu remarks featured in a
• 1:57
  special topic piece dated December 30th.
• 1:59
  So yesterday for them in China emphasized that including
• 2:03
  Bitcoin in the national financial reserve is not a new
• 2:05
  idea highlight, highlighting the fact that a number of smaller
• 2:09
  countries have already adopted Bitcoin as legal currency.
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  But Wu further pointed out that some states in the US have also
• 2:15
  legislated that 10% of their reserves will be in Bitcoin,
• 2:19
  allowing for a more diversified asset allocation.
• 2:22
  He added that if the US president-elect Donald Trump
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  where were to, quote, aggressively promote the
• 2:27
  inclusion of Bitcoin into government strategic reserves,
• 2:30
  it would have a global impact, especially on traditional
• 2:33
  reserve assets. We've been talking about this
• 2:36
  ever since Trump came out, talking about a Bitcoin reserve,
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  strategic or strategic Bitcoin reserve or stockpile that now
• 2:42
  everyone has to take it seriously and we're starting to
• 2:45
  see the impact not only on the Bitcoin price, but the
• 2:47
  conversation worldwide. People are starting to take
• 2:50
  Bitcoin very seriously. So we'll use this this context
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  to urge the Hong Kong Special Administrative Region government
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  to consider whether to quote incorporate digital assets and
• 3:00
  cryptocurrencies into financial reserves, including the
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  possibility hold on, including the possibility, sorry, I need
• 3:10
  to check my audio, including the possibility of using the
• 3:14
  exchange fund for a continual BTC purchases over the long
• 3:17
  term. In response to these calls, the
• 3:21
  Sargs Government Treasury Bureau confirmed that Hong Kong foreign
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  exchange funds invest in quote, globally diversified asset class
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  and markets to spread risk and enhance long term returns.
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  And of course, while cryptocurrencies is not formally
• 3:32
  designated as a target investment for these funds, the
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  Bureau acknowledged that externally hired investment
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  managers also invest in globally diversified asset classes and
• 3:41
  market, allowing for potential, though minimal cryptocurrency
• 3:44
  related investment. Now I think this is the
• 3:46
  interesting part of the things that Wu was saying.
• 3:49
  Wu expressed concerns about the broader ramifications of the
• 3:52
  United States were to recognize BTC as a strategic reserve
• 3:55
  asset. He suggested that such a move
• 3:57
  could destabilize traditional assets.
• 4:00
  If economic powerhouses actively incorporate Bitcoin into
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  strategic reserves, its value will stabilize, prompting more
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  countries to follow suit and reduce holdings in traditional
• 4:10
  assets, causing traditional asset prices to fall and
• 4:14
  shrinking government financial reserves.
• 4:16
  It's literally him saying you know everything is going to zero
• 4:19
  against Bitcoin. All roads lead to Bitcoin.
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  The incentives of Bitcoin necessarily mean that hey, if
• 4:26
  you understand Bitcoin more value is going to go into
• 4:29
  Bitcoin and and let's not forget the total global traditional
• 4:32
  asset value somewhere around 900 trillion bitcoins at about 2
• 4:36
  trillion and so he's essentially saying everything is going to
• 4:38
  zero against Bitcoin. Maybe we should buy some maybe
• 4:41
  it's catching on. So here we go last last quote
• 4:44
  from this article. Then I'll pass along to our Co
• 4:47
  host and our guest Wu positive that BTC might eventually
• 4:51
  replace quote precious metals with low practical utility,
• 4:54
  including gold and silver due to its lower storage and transfer
• 4:58
  cost. While mentioning that Bitcoin
• 5:00
  itself lacks physical utility, who argued that cryptocurrencies
• 5:04
  ease of transfer and storage gives it an edge in market
• 5:07
  trade-offs, especially compared to gold substantial storage and
• 5:10
  logistic expenses. So super interesting to hear,
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  you know, Hong Kong politician, Hong Kong law lawmaker
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  essentially saying everything we say here at simply Bitcoin that
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  everyone, everything is going to zero against Bitcoin to if you
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  aren't first or last, if the US adopts a strategic Bitcoin
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  reserve as a world superpower, you have to take that
• 5:33
  consideration seriously. And he sounds like he
• 5:36
  understands Bitcoin to a very a clear respect, like a lot of
• 5:41
  Bitcoiners have been saying, oh, politicians don't get, you know
• 5:44
  what Bitcoin is? They're naive.
• 5:45
  They're like, oh, they don't understand Bitcoin.
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  They don't understand the technicalities of the time
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  chain, bro. And it's like, I don't think
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  that that matters. They understand the stakes here.
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  And you're seeing that Hong Kong, you know, even though it's
• 5:57
  not necessarily China proper mainland China, we do know that
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  Hong Kong is, is definitely a proximity to what China wants to
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  do on the mainland. So if they're talking about it
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  in Hong Kong, you can be very clear that they're talking about
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  it on China in the mainland. And I mean, are you surprised at
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  all? Last week we covered Russia
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  talking about their State Duma announcing or talking about a
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  strategic Bitcoin reserve. Of course, Trump's been on the
• 6:22
  campaign for the last six months saying we're going to do it.
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  You know, very early in my presidency, in the 1st 100 days,
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  we'll have a executive order, etcetera, to get a strategic
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  Bitcoin reserve. And now we have China talking
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  about it. Not just a small politician in
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  Hong Kong, but someone that actually has some some gravitas
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  behind them talking about, hey, look, we have to take this very
• 6:45
  seriously, which is very interesting considering that
• 6:48
  China's banned Bitcoin, I think a total of 6 or seven times.
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  The last one was a very famous 1 from 2021 where they banned
• 6:56
  Bitcoin mining and they couldn't stop Bitcoin.
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  So hey, more capitulation around Bitcoin entering into 2025 and
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  it's just hard not to get bullish on this.
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  It's just hard not to realize that it's actually happening
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  right now. People are taking Bitcoin
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  seriously. And as much as a Bitcoiner that
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  I'm like, you know, hey, the separation of money and state, I
• 7:16
  think we knew this was going to happen eventually.
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  I, I hate to be a bitcoiner kind of cheering on the state here.
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  That's not what I'm doing. I'm just acknowledging the fact
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  and the reports coming out that it looks like they want some
• 7:27
  Bitcoin on their balance sheet. Guys, it's it's almost like it's
• 7:30
  happening anyways. I won't pass it over to the
• 7:33
  Bitcoin shooter. Bitcoin shooter, good morning.
• 7:35
  And what's your thoughts on a potentially Hong Kong adding a
• 7:39
  strategic Bitcoin reserve? Hey, good morning.
• 7:42
  And yeah, nice energy, man. I always appreciate the high
• 7:45
  energy here. Yeah, like you're saying, I
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  don't know if it's going to be a good thing or a bad thing, you
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  know, but they always say Bitcoin is for enemies.
• 7:54
  So it's kind of like it's out of our control, right?
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  It's permission less they can do what they want.
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  But yeah, maybe they don't understand exactly how it works,
• 8:03
  but they understand the numbers going up.
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  And when you hear Putin talk about, you know, who can ban
• 8:08
  Bitcoin? Nobody.
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  You know, I think they see the benefit in it.
• 8:13
  And yeah, let's have them sell all the gold for Bitcoin.
• 8:17
  I guess we can all have gold plated toilets, you know, bring
• 8:20
  bring the price of gold down. That sounds that sounds fine.
• 8:23
  But All in all, like, I don't pretend to know, you know, if
• 8:29
  this is a good thing or a bad thing.
• 8:30
  But yeah, I guess there's two camps here, right?
• 8:32
  Like, do you want government to not have any Bitcoin and, you
• 8:37
  know, to pull the Band-Aid off more quickly and have Fiat die
• 8:40
  more quickly? Or do you want the government to
• 8:43
  kind of, you know, get involved in it and have a more slow
• 8:47
  progression towards the, you know, the changing from a money
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  systems? I don't know.
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  But yeah, I guess I, I'm not surprised.
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  Yeah, like you're saying, I think if you're imagining a
• 8:58
  hyper Bitcoin ICE future, this is kind of what you would expect
• 9:02
  to see. So yeah, I think the, the, the
• 9:06
  future will tell. In a perfect world, it'd be nice
• 9:08
  if these countries were stacking Bitcoin on behalf of the
• 9:10
  citizens and there was some like, you know, rule that says,
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  hey, we're going to distribute it to citizens in a particular
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  way. You know, I don't know about the
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  game theory about country stockpiling Bitcoin and if
• 9:23
  they're going to try to fight it later.
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  But I think what this does, it tells the public, hey, there's
• 9:28
  something unique about Bitcoin compared to gold.
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  There are, you know, reasons why it's, it's a better store of
• 9:33
  value. And also I think it's just,
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  yeah, it's, it's just telling the world that this thing is
• 9:41
  serious and countries are really starting to take it.
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  So, man, I, I don't pretend to, to have a big enough brain to
• 9:46
  understand what this means, but I mean, we can't stop it.
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  So I'm I'm for it man. Let's do it.
• 9:52
  Yeah, it is pretty crazy to see government talk about Bitcoin
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  even, you know, embracing it or even acknowledging it for, I
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  don't know, the whole time I've been in Bitcoin, you know,
• 10:03
  they've been trying to be like, that doesn't matter, guys, let's
• 10:06
  not talk about it. This isn't a real thing.
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  You know, what's it? It's backed by hot air.
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  And now they're like, actually, this might save us like this.
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  This actually might, you know, get us out of our debt, though.
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  And, and you know, I'm going to give a nod to Jason Lowry here
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  on this one because I, I haven't read Soft Power yet, but I've
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  heard some of the thesis and it, it, it is almost like playing
• 10:27
  out how he kind of talked about that.
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  It's becoming a national security interest device here.
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  Like it's becoming an, it's a, what's a national security issue
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  at this point? And it looks like all the three
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  world superpowers are waking up to that idea that, Oh my God, we
• 10:43
  have to take Bitcoin seriously. Like it, it's no longer going to
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  be dead. You know, it's no longer
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  something we can just put in the corner.
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  It's like if the US is going to adopt it, Russia's going to
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  adopt it, China's going to adopt it.
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  And for better or worse, I think this is where we are in the
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  story. And then, you know, we got to
• 10:57
  make sure that we protect ourselves, but also that we
• 11:01
  don't get Co opted. I think at this point anyway,
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  I'm going to pass it over to Chris because he's more of a big
• 11:06
  brain, you know, more on the right side of the bell curve
• 11:10
  than I am. So Chris, good morning.
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  What's your thoughts on, you know, maybe the potential of
• 11:15
  China adopting a strategic Bitcoin reserve?
• 11:20
  Good morning, guys, Merry Christmas, Happy New Year.
• 11:22
  I know we're getting close. So looking forward to 2025, I
• 11:25
  think we're always going to be in this game plan of basically
• 11:29
  nation states competing to stack as much Bitcoin as possible.
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  I think one thing that's very interesting, obviously Russia
• 11:35
  and to greater extent China with this Hong Kong news that these
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  are countries that were basically the powerhouses, the
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  BRICS nations, not calling any of the other, Brazil, India,
• 11:44
  Portugal, and I forget the other ones that are part of the BRICS
• 11:47
  nations, but basically China and Russia are probably the two
• 11:50
  biggest powerhouses of the BRICS nations.
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  It's basically that they're signaling, they're soft
• 11:54
  signaling that, hey, like maybe this like, you know, strategic
• 11:57
  reserve currency with us when we don't really trust each other is
• 12:00
  not going to work. But something like Bitcoin where
• 12:03
  it's decentralized, trustless count, like no counterparty,
• 12:07
  like no counterparty risk if you hold your own keys is a way to
• 12:11
  this perfect currency that we're basically looking for.
• 12:13
  Like we don't have to be under the thumb of the hegemony of the
• 12:15
  US dollar and the US government and we can have this currency
• 12:17
  that operates outside the system.
• 12:19
  So it almost seems like they're soft walking back of the BRICS
• 12:22
  currency they've been talking about for Opti.
• 12:24
  I mean, we've been talking about this for at least two or three
• 12:26
  years now. But I definitely think they're
• 12:27
  seeing Bitcoin as an actual viable alternative that doesn't
• 12:30
  require trust with people that you don't necessarily trust.
• 12:33
  So I think this is important. It's huge signalling.
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  Obviously, Russia's been positive about Bitcoin in the
• 12:37
  last year or so, especially even after the sanctions against them
• 12:40
  with the whole Ukraine Russia proxy war.
• 12:42
  And then also now China with through proxy of Hong Kong being
• 12:47
  like, yo, this might be a good to get some Bitcoin or balance
• 12:49
  sheet. So I think it's bullish.
• 12:51
  I think the price is going higher.
• 12:52
  I think stay humble. Yeah, Chris, no, I think I think
• 12:55
  you made a great point there about like the bricks nation
• 12:57
  when you consider, you know, Russia and China, they have been
• 13:00
  talking about dropping U.S. Treasuries for a long time now.
• 13:03
  And then, you know, Trump reacted to that and said, hey,
• 13:05
  if you want to drop, you know, you want to drop treasuries,
• 13:08
  well, we're going to slap terrorists all over you.
• 13:10
  And, you know, we're basically weaponizing the dollar against
• 13:12
  you. And now in the what, 2-3 weeks
• 13:15
  since we've seen that tweet there, China and Russia are both
• 13:19
  kind of talking about Bitcoin. You can't ban Bitcoin, which is
• 13:22
  I would say, you know, 180 compared to what they've been
• 13:25
  saying for a long time. So it's it is really interesting
• 13:28
  how Bitcoin's been criminalized, or rather, you know, made the
• 13:32
  bad boogeyman here for so long. And now it's becoming like the
• 13:35
  saving grace. And as a Bitcoin, I'm a, I'm a
• 13:38
  bit conflicted here. You know, I want, I want the
• 13:41
  Fiat currencies to lose purchasing power against the
• 13:44
  dollar. But I'm also like, man, they're
• 13:47
  trying to use Bitcoin to back the dollar.
• 13:48
  It's like, oh, shit, number, go number is going to go up.
• 13:51
  But also, are we really here to save the dollar?
• 13:54
  Like, oh, it feels icky, bro. I well, I think the one thing
• 14:00
  that's true about it, like I do think they're trying to use it
• 14:02
  to save their Fiat currencies. But at the end of the day, when
• 14:05
  we look in history, even when we have hard currencies, whether it
• 14:07
  was gold or, you know, so all these times in history, you
• 14:10
  know, it's good for a generation, generations Max,
• 14:12
  maybe the nonarian, the Roman Denarian was like 250 years.
• 14:15
  So that's at least like 6 to, you know, 10 generations.
• 14:19
  Let's just say eventually over time, they still manipulate the
• 14:22
  money either with coin clippings or with like, you know, the US
• 14:25
  when we were backing and buy gold, but then we were changing
• 14:27
  the money multiplier. So like there's always a human
• 14:30
  incentives will perverse the money if they have the ability
• 14:33
  to do so. So I do think like, you know, in
• 14:35
  the short term, yeah, we're backing Fiat currencies and they
• 14:37
  survive a little bit longer. But at the end of the day, like
• 14:39
  the damage is already done and the damage will continue to
• 14:41
  happen in the future for Fiat currencies.
• 14:43
  I think Bitcoin is kind of the life raft, you know, stack stats
• 14:46
  yourself, put them in self core, self storage, you know, self
• 14:50
  custom and shut yourself and you're going to be much better
• 14:53
  off in the long run. Yeah, I wanted to echo that
• 14:56
  really. I mean, you know, all fiat's
• 14:57
  going to die. But I know I don't know if we
• 14:59
  can really get it across to people that, you know, you have
• 15:02
  to be able to take custody. I mean, if if you back the
• 15:04
  dollar with Bitcoin, what does that mean exactly?
• 15:06
  Can you like back in the old days when you had it backed by
• 15:09
  gold, you know, you could exchange your dollar for gold,
• 15:11
  right? But how will that work?
• 15:13
  I don't I don't imagine they're going to be offering something
• 15:15
  like that. But it's nice to have
• 15:17
  competition, right? Like when Trump says we want to
• 15:19
  do all the Bitcoin stuff, it's, I mean, I don't know, it's, it's
• 15:22
  nice to have other countries competing and, you know, maybe
• 15:25
  with game theory, they're going to be competing to have other
• 15:27
  Bitcoiners as citizens and maybe other countries will be more
• 15:30
  friendly with some of the other freedom ideas that Bitcoiners
• 15:33
  have, you know, like guns and freedom of speech and stuff like
• 15:36
  that. It would it would be nice to
• 15:38
  have multiple places like that to go to.
• 15:41
  El Salvador's obviously kind of trending in that direction.
• 15:44
  I don't know how they where they stand on guns right now because
• 15:46
  of course they've had so many, so many violent issues in the
• 15:49
  past. I can see why their people might
• 15:51
  not be that interested in it. But yeah, I mean, it raises
• 15:55
  another interesting question about, you know, self custody
• 15:58
  and UTX OS and scaling, You know, if the government's
• 16:01
  getting involved and institutions are getting
• 16:02
  involved, you know, I mean, obviously not everyone's going
• 16:05
  to be able to fit on chain, right?
• 16:06
  So we need to be able to take custody.
• 16:09
  We need, we need to be able to make runs on these institutions.
• 16:11
  But anyway, like, in my opinion, all this stuff is inevitable.
• 16:15
  I feel like when the government wants to do something, it's
• 16:17
  going to do something. Maybe if like, really you get
• 16:19
  the masses behind it and a big push, you can stop them from
• 16:22
  doing something. But other than that, you know, I
• 16:24
  think they're going to do whatever they want, which is why
• 16:26
  I like Bitcoin is because no matter what they do, I can take
• 16:31
  control of my own finances, my own money.
• 16:33
  I can custody it and let them fade out and we can hold on to
• 16:37
  it. But yeah, so we'll just have to
• 16:39
  see how it goes. Totally, totally bro, it's it's
• 16:44
  very interesting the world we're heading in right now.
• 16:46
  It's it's definitely no longer the same world with everyone,
• 16:49
  you know, going towards the Bitcoin train.
• 16:52
  Everything seems to be changing in real time.
• 16:54
  It really it's really almost like we're living the 4th
• 16:56
  turning even though I don't know, I don't know if people
• 16:58
  would agree with all that, but things are changing right now in
• 17:01
  real time. Anyways, guys, of course you
• 17:03
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  get into the show. We got a lot to talk about as we
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  were talking about right now, you know, I got a clip from
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  Kaiser on on RT talking about perfect money and what we're
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• 19:15
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• 19:18
  Titanium stamp seeds will survive nearly triple the heat
• 19:22
  produced by a house fire. They are also crush proof
• 19:25
  waterproof non corrosive and most importantly, because this
• 19:29
  is generational wealth time proof all things that paper is
• 19:35
  not allowing you to huddle your Bitcoin for the long haul.
• 19:39
  I mean here is the plate that they crushed.
• 19:43
  They put in water. They put a blowtorch to it and
• 19:46
  as you can see, the words have survived.
• 19:49
  Stamp your seed on stamp seed and you can use promo code
• 19:53
  simply to get 15% off anything on their store all.
• 20:00
  Right guys, scan the QR code, make sure you get yourself a
• 20:05
  stamp seed kit. You can get 15% off with the
• 20:07
  promo code simply and ensure that you are holding your
• 20:11
  Bitcoin for the long term. Do not just write it on a piece
• 20:15
  of paper. All right guys, I'm over here on
• 20:17
  Clark Moody's dashboard. Of course, running through the
• 20:18
  numbers, the Bitcoin price is currently at $93,820 per
• 20:24
  Bitcoin. The sets per dollar, AKA how
• 20:26
  much Bitcoin you can buy for a single dollar, AKA how much the
• 20:29
  dollar is worth in Bitcoin is currently at 1066 sets.
• 20:33
  The block height is 877,000 and 82 again 877082.
• 20:39
  The Bitcoin market cap in Fiat terms is 1.86 trillion.
• 20:42
  Dang, we can't hold that $2 trillion market cap right now.
• 20:46
  Absolutely right guys, it's over.
• 20:48
  We had a good run. No, I'm, I'm, I'm trolling.
• 20:51
  I'm trolling. The Bitcoin versus gold market
• 20:52
  cap is currently at 10.17%. Still a lot of room to run in
• 20:57
  the hard money game and the total Bitcoin supply that will
• 21:00
  ever be issued is currently at 94.3 0%, which means roughly
• 21:07
  about 19.8 million Bitcoin are currently circulating.
• 21:10
  Again, there's only ever going to be 21 million Bitcoin guys,
• 21:13
  so you might want to buy some just in case the cat is on And
• 21:16
  on that note, Max Kaiser, I would argue, made a triumphant
• 21:20
  return back to RT. Of course, he had a classic show
• 21:23
  on there years ago. And now it seems like Kaiser is
• 21:27
  making the rounds everywhere and he is relaying the message we
• 21:31
  are all getting here at simply Bitcoin.
• 21:33
  And as a Bitcoiner is that, hey, there's a perfect money now and
• 21:38
  you might want to start to adopt it.
• 21:40
  Maybe savings doesn't have to be so hard.
• 21:43
  Maybe you can increase your purchasing power by buying
• 21:46
  Bitcoin. And maybe everyone is waking up
• 21:49
  to this fact. So let's play this video and
• 21:51
  we'll talk about it. Sure.
• 21:52
  Well, thanks for having me on. That one SEC wrecked what's
• 21:57
  going on over here? Let's go try that again.
• 22:00
  Sure. Well, thanks for having me on.
• 22:02
  Nice seeing you. So Bitcoin fulfills the promise
• 22:06
  that humanity has been searching for ever since the beginning of
• 22:10
  time, and that is perfect money. And perfect money allows humans
• 22:15
  to travel through time and space effortlessly and to achieve
• 22:19
  their full potential. And for many years, we used
• 22:22
  various pebbles and stones. And then gold was popular for
• 22:25
  thousands of years. And then 2009 Bitcoin came
• 22:28
  along. And if it filled this promise,
• 22:30
  it is effectively perfect money. And now what we're seeing is the
• 22:35
  realization that Bitcoin, when you compare it to other stores
• 22:40
  of value like Fiat money or property or fine art or any kind
• 22:44
  of store value, even the stock market or the bond market is
• 22:48
  superior. And so now we're seeing
• 22:50
  trillions of dollars leave these other stores of value and find
• 22:54
  their way into Bitcoin. And what's interesting right now
• 22:59
  is that we've entered into really a new Sputnik moment
• 23:02
  because various nations are scrambling to build up the
• 23:07
  biggest Bitcoin stock that they possibly can, because nations
• 23:13
  are beginning to understand that this is the new prima franca of
• 23:17
  the 21st century. The entire global economy is
• 23:20
  being rebuilt on top of Bitcoin, which is really perfect money.
• 23:25
  So in the case of Russia and the recent comments coming out of
• 23:28
  the Kremlin, they seem to be now ready to enter the space race or
• 23:32
  the global Bitcoin race. the United States has said under the
• 23:36
  new administration, Donald Trump that they want to buy a million
• 23:39
  Bitcoin. We have Cynthia Lummus, who's a
• 23:41
  senator in Wyoming saying they want to sell their gold, 8000
• 23:45
  tons of gold and buy Bitcoin. You have other countries making
• 23:49
  that decision. We want to buy Bitcoin.
• 23:51
  Various states in the United States are choosing to buy
• 23:55
  Bitcoin and hold Bitcoin. And so this is really going to
• 24:00
  define the economy in the, in the, the 21st century.
• 24:05
  And because at the at the end of the day, when you have something
• 24:10
  like Bitcoin that's better than anything else as a store of
• 24:14
  value, the market will recognize this and you start to see people
• 24:18
  sell off other other assets and move into Bitcoin.
• 24:24
  Literally saying exactly what that what do you call it the
• 24:29
  Hong Kong congressman or lawmaker was saying is that
• 24:33
  Bitcoin is actively demonetizing every other asset in the world
• 24:37
  and people are waking up to this and again, I'm, you know, I just
• 24:40
  got home from hanging out back with my family.
• 24:43
  I saw some old friends over the Christmas break or Christmas,
• 24:48
  you know, dinner, hanging out with friends and they all did
• 24:52
  the very similar thing. They did the man, I really wish
• 24:55
  I listened to you about Bitcoin when you were talking about it
• 24:59
  whenever, you know, last year and they're like, I missed a
• 25:02
  boat and I'm like, dude, just listen to me now.
• 25:04
  It is perfect money. It's the best way to save your
• 25:06
  money. You know, I did the whole DCA
• 25:08
  shield, but it's, I think it's super important to stress the
• 25:13
  very simple idea of Bitcoin is just the best way to save.
• 25:17
  It's perfect money. I literally ran down the it's a
• 25:19
  best performing asset, you know, last 15 years, 11 out of the 14.
• 25:23
  And there's still just, they can't grasp that idea that it's
• 25:27
  the best thing to save your money.
• 25:29
  And so I always try to echo that idea to them.
• 25:31
  And they're like, oh, maybe I'll watch your show now.
• 25:33
  And I'm like, yeah, maybe you should like, maybe you need to
• 25:36
  just start saving in Bitcoin. It's the best way to save your
• 25:39
  money. And they're still looking at me
• 25:41
  like, what are you talking about?
• 25:42
  But kudos to Kaiser for going to our team, spreading the signal,
• 25:47
  exposing the fact that every country is moving towards
• 25:50
  Bitcoin. All roads lead to Bitcoin.
• 25:51
  Bitcoin's going to demonetize everything.
• 25:53
  Everything is going to zero against Bitcoin because it is
• 25:56
  perfect money. And actually shouts out to there
• 25:59
  was someone in the chat last week.
• 26:00
  I, I forget who it was, but I'm reminded right now he's like, as
• 26:03
  a gold miner, I can 100% tell you that Bitcoin makes gold
• 26:07
  obsolete. And I'm like, man, shouts out to
• 26:09
  him. I love that guy in the chat.
• 26:11
  Anyways, Bitcoin's the best way to save your money, guys.
• 26:14
  Just keep keep hitting on that message.
• 26:16
  It's a best performing asset, period.
• 26:18
  And we live in a digital world and the world's waking up to
• 26:20
  this and hey, you're on the front lines.
• 26:23
  Love to see it. OK, Bitcoin should actually
• 26:25
  actually I'm getting yelled out in the chat.
• 26:27
  Guys, if you like this cotton, smash the like button, comment,
• 26:30
  subscribe, all that good stuff. We still have a jam packed show
• 26:34
  Bitcoin shooter. What's your thoughts on Max
• 26:38
  Keiser on RT talking about Bitcoin as perfect money?
• 26:41
  Yeah, well, first of all, a lot of roads lead back to Max, you
• 26:46
  know, and a lot of people, a lot of Bitcoiners I know worked
• 26:49
  first exposed to Bitcoin through Max on RT.
• 26:52
  So shout out to him. He's also the one that really
• 26:54
  orange killed me. You know, my brother tripped me
• 26:56
  down the rabbit hole. But you know, listening to Max
• 26:59
  really made me understand Bitcoin better and, you know,
• 27:02
  the problems of Fiat better. And yeah, I mean, kudos to him,
• 27:06
  right? He, I mean, he's basically been
• 27:08
  saying the same thing since Bitcoin was a dollar or less.
• 27:11
  So that's a pretty profound. And yeah, I agree with you.
• 27:16
  I mean, Bitcoin is just that it's, it makes saving easy
• 27:19
  again, right? I mean, you can buy a dollar of
• 27:22
  it, you know, you can buy $10.00 of it.
• 27:25
  It's the only thing you can actually custody, right?
• 27:27
  Like I imagine maybe future like financial products is like, you
• 27:31
  know, OK, you can't afford to buy a whole house, but you
• 27:33
  realize that real estate is a good savings vehicle.
• 27:36
  So why don't you buy like a fraction of this house?
• 27:38
  You know, you and a bunch like 1000 other people can buy little
• 27:40
  fractions of it. So if you want to invest $100 in
• 27:43
  real estate, you can do that, but you can't even actually take
• 27:45
  custody of that thing. So yeah, Bitcoin is just like
• 27:49
  Max said. It's the best money we've ever
• 27:51
  had. And I think since money is so
• 27:54
  foundational, people don't actually realize how profound it
• 27:57
  is. Like it's more profound than
• 27:58
  language even, right? And imagine if we didn't have
• 28:00
  language and we couldn't communicate with each other, we
• 28:02
  wouldn't be able to accomplish virtually everything that we've
• 28:05
  accomplished as a species. But with money, it's even, it's
• 28:08
  even more foundational than that.
• 28:10
  So yeah, it's the perfect money. Everyone's waking up to it.
• 28:14
  And it's why I'm really hopeful for the future.
• 28:16
  I mean, I don't know, the transition might be difficult.
• 28:19
  But, you know, as human beings, if we actually have good sound
• 28:22
  money, you know, again, it's going to be like, we're actually
• 28:26
  speaking in a clear language to each other.
• 28:28
  We're not just babbling. And like, you know, the people
• 28:31
  who are willing to bend their morals get the most money, you
• 28:33
  know, and, and the future of the people that will actually
• 28:36
  provide the most value will be the richest.
• 28:38
  So, yeah, it's nice to see Max on RT.
• 28:41
  And it's just classic Max Kaiser.
• 28:44
  I mean, what else do you expect? I'm surprised the guy even
• 28:46
  fucking does these things still, you know, I mean, I would
• 28:49
  imagine he'd be bored by now. Like, hey, you idiots, I've been
• 28:52
  telling you to buy this thing forever, you know?
• 28:56
  So yeah, shout out to Max Kaiser.
• 28:58
  And, you know, as as pretty much always, he's absolutely right.
• 29:03
  Yeah, I love it, Shooter. I think that message you just
• 29:05
  said, it's like the most important thing, especially when
• 29:08
  you talk to people right now, they don't understand that their
• 29:12
  money is broken, that they have bad money.
• 29:13
  It's literally like the, you know, does a fish understand
• 29:16
  he's in water type meme where it's like you live in this
• 29:20
  world, you think the dollar is stable.
• 29:22
  You kind of can't pinpoint why life is oops, why life is
• 29:26
  getting more difficult. You're just like, this is the
• 29:28
  way things are and and then here we are as bitcoiners, just like
• 29:32
  no, life's kind of good, like life's is doing pretty good.
• 29:35
  And also, I don't know if you guys have seen on Twitter,
• 29:37
  there's been a lot of arguments right now about like the decline
• 29:40
  of society and what the real problems are.
• 29:42
  And as a bitcoiner, I'm like, it's the money, bro.
• 29:45
  Like the money is is broken. This is why life is getting
• 29:49
  worse. This is why more people are
• 29:50
  getting angry. And once you understand that,
• 29:53
  that idea that hey, if you have a good money, it's like speaking
• 29:57
  a clear language. This is this is the
• 30:00
  communication we are talking about here with Bitcoin with a
• 30:03
  perfect money. And it just it really is like
• 30:07
  you, you said about Kaiser, it really is frustrating when you
• 30:10
  try to talk to people about this constantly because it's like it
• 30:13
  seems so obvious to us at this point when you talk to your
• 30:15
  friends, like, dude, just like start saving in it.
• 30:18
  It's really not that hard. It it is what it is.
• 30:21
  OK, let's go to Chris. Chris, what's your thoughts on
• 30:26
  Max Keiser on RT or rather maybe the message of a perfect Money?
• 30:32
  No, I think Max has been hitting out of the park.
• 30:34
  I mean, he's been doing this for over a decade now.
• 30:37
  I mean, he said he was buying into Bitcoin, you know, at like
• 30:39
  $10. I know.
• 30:41
  And then he felt like he missed it even back then when people
• 30:43
  were buying it sub a dollar. And then he has the famous
• 30:46
  stories of gifting Alex Jones and even Tim Poole and a few
• 30:50
  other people like very early on, like tons of Bitcoin.
• 30:53
  Like what would the equivalent of billions of dollars if not
• 30:56
  hundreds of millions of Bitcoin back in the day.
• 30:59
  And a lot of them misplaced it, lost it.
• 31:01
  And I think that just goes to show like Opti, the people don't
• 31:06
  enjoy Bitcoin if or things if it's given to them.
• 31:08
  If I give you a brand new car, you're less likely to take good
• 31:11
  care of it versus if you work hard overtime, like earn it and
• 31:15
  buy the car yourself and then like you take better care of it.
• 31:17
  Like a lot of people mishandled billions of dollars or millions
• 31:20
  of dollars of Bitcoin because they didn't see it as valuable.
• 31:23
  Versus if you work overtime, you know, we preach DCA or lump sum
• 31:27
  investing and you had to expend your time, effort and energy to
• 31:32
  get that Fiat currency or money that you have in order to
• 31:34
  exchange it for Bitcoin. And then you go along the ride
• 31:37
  of seeing it appreciate in price and collapse in price when it
• 31:40
  dips. And I think people really
• 31:42
  appreciate it when you work hard for something and then you get
• 31:45
  the fruits of your labor. But that takes time.
• 31:47
  That's doesn't happen overnight. Yeah, everyone would love to buy
• 31:50
  Bitcoin when it's on a 70% discount only for the next month
• 31:53
  for it to RIP to a new all time highs, which some people can get
• 31:57
  lucky. But like, as history has proven,
• 31:59
  when investing in general, like it's you're like, though it's
• 32:02
  not about timing the market, it's about being in the market.
• 32:05
  The same hold principle holds true for Bitcoin.
• 32:07
  Like you buy it over time. Yeah, it'll go down in price.
• 32:09
  Yeah, it'll go up. Yeah, it'll chop side and drive
• 32:12
  people crazy AT58K. That's like the the nature of
• 32:15
  this asset. But over time you want to work
• 32:17
  to purchase it and, you know, take it into self custody.
• 32:21
  And then with that you'll be able to reap the benefits and
• 32:23
  rewards and not the I'll hammer on your last point that you were
• 32:26
  mentioning. A lot of people in this
• 32:27
  narrative happens on X or just in general that people always
• 32:30
  want to blame people, companies, governments, entities, you, you
• 32:35
  name it. But at the end of the day, us
• 32:37
  Bitcoiners, we've been in this for so long.
• 32:38
  It's like it's the money stupid, like the money's broken.
• 32:40
  That's what's causing all this like issues.
• 32:43
  Yeah, there there's peoples and pockets and companies and
• 32:45
  governments that are taking advantage of the system and yes,
• 32:48
  they're aiding and abetting it. But at the end of the day, it's
• 32:50
  the base. The root cause of the problem is
• 32:52
  the money. The money is the issue.
• 32:53
  You fix that. I know of the trope in the
• 32:55
  Bitcoin communities, fix the money, fix the world.
• 32:57
  I don't think that's fully true. I do think we're still going to
• 32:59
  have issues, but fix the money and we fix the fucking lot.
• 33:02
  So I think that's that's that's what I'm sending bars bars.
• 33:06
  It starts with the money guys, I say it all the time.
• 33:08
  It's always about the money. It will always be about the
• 33:11
  money. It's literally this simple.
• 33:12
  Obviously fix the money, fix the world is a little hyperbolic
• 33:16
  meme, But if you can fix the money and then everything will
• 33:19
  come downstream of that. And there's still a lot of work
• 33:21
  to be doing. But hey, it looks like we'll be
• 33:23
  having a job here for a long time because people still don't
• 33:26
  understand the basics of money. And I experienced this this last
• 33:30
  week and you know, to that, that thing that shooter was saying
• 33:33
  about Kaiser, it's because we're on the mission, bro.
• 33:35
  We realize there's a better a better way.
• 33:37
  And as as tiring as it gets, you still can't stop but tell people
• 33:42
  that, hey, you need to start saving in Bitcoin.
• 33:44
  And I think it's going to heat up.
• 33:45
  We'll see. We'll see what happens.
• 33:47
  What, one more day last? No, yeah, two more days till
• 33:49
  2025. We'll see what happens in 2025.
• 33:51
  Anyways, let's get into the news because I know everyone's
• 33:54
  watching the Bitcoin price right now and wondering why it's going
• 33:57
  down. But there's a lot of buying
• 33:59
  going on. So I'm going to cover a lot of
• 34:01
  the buying happening right now. And it's really making make me
• 34:04
  feel bullish. I'll I'll tell you Anyway, let's
• 34:06
  get into the next part of the show.
• 34:08
  Let's play an ad first, though. I want to give a very special
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• 36:17
  All right, I'm going to cover some stuff here guys.
• 36:20
  It looks I don't know I'm I'm starting to feel a little
• 36:23
  bullish even though the price is going down, even though longs
• 36:25
  are getting liquidated, which I think is even a bullish thing in
• 36:28
  and of itself. We're starting to see incredible
• 36:30
  amounts of buys, but also the Bitcoin market cap is getting
• 36:33
  bigger. So these buys seem to be having
• 36:35
  less effect than they used to have.
• 36:37
  Anyways, here's our boy Nicholas Hoffman.
• 36:40
  He just kind of, you know, yeah, exactly.
• 36:43
  Here's a go just kind of updating it and then I'm going
• 36:46
  to break down some of the different stuff.
• 36:47
  So so far, just today, and this happened this morning,
• 36:51
  MicroStrategy bought $209 million of Bitcoin, Tether
• 36:55
  bought 7700 and $5 million of Bitcoin and more publicly traded
• 36:59
  companies adopted Bitcoin. You are not bullish enough.
• 37:02
  Perfect way to set things up. So here we go going into the 1st
• 37:06
  news, you know Tether buys 7629 Bitcoin worth 705 million for
• 37:12
  its Bitcoin reserve and now own 7.7 billion in Bitcoin and you
• 37:17
  can see, you know the buy there. Next we're going to cover
• 37:20
  Michael Saylor. Micro strategy has acquired
• 37:23
  another 2138 Bitcoin for roughly $209 million at a 97 1837 per
• 37:33
  Bitcoin and has achieved a Bitcoin yield of 47.8 QTD and
• 37:39
  yeah quarter to date and seven 474.1 year today as of
• 37:43
  12/29/2024. So yesterday we hold 446,400
• 37:50
  Bitcoin acquired for roughly 2 or 27.9 billion at roughly a
• 37:55
  62.428 per Bitcoin price. Just absolutely putting on a
• 38:01
  master class and I know I hear everyone out there like why is
• 38:04
  the Bitcoin price going down? Well, it's very simple.
• 38:07
  Even though we're having these huge buys by Sailor and Tether
• 38:10
  and other people just means more people are selling like it's
• 38:13
  very simple, but we do have a new indicator, which is an old
• 38:17
  indicator, which is kind of making me feel bullish when you
• 38:21
  see these whales start to pick pick up their buying again.
• 38:24
  So two days ago, the bit Fenix whale has started building his
• 38:28
  long position again. He is sometimes early, but he is
• 38:31
  never wrong. He decreases his position during
• 38:34
  extreme bullishness February, March, November, early December
• 38:38
  and increases his position when the price is going down or
• 38:41
  sideways June till September and you can check it out.
• 38:44
  So it looks like, you know, the buying will continue until the
• 38:49
  price increases. And then the last, last thing
• 38:52
  that I think is pretty bullish is the TX creditors will start
• 38:56
  getting repaid in dollars this week, $16 billion of liquidity.
• 39:01
  So it looks like we might be getting a lot of liquidity back
• 39:04
  into the market. Yes, the price is down, but hey,
• 39:07
  the longs are getting wrecked, which is just going to clear up
• 39:11
  the Bitcoin price to go moon. Hold on, hold on.
• 39:13
  I got it for you right here, Chris, and then I'll pass it to
• 39:16
  you. Oh, wait, hold on.
• 39:21
  OK, Chris, what's your thoughts on all of the buys?
• 39:24
  Or maybe you can answer to your friends and family out there.
• 39:27
  Why is the Bitcoin price going down?
• 39:30
  It's going up now. I don't know if you're seeing
• 39:32
  it, Opti, we're getting the stream pumped.
• 39:34
  So I guess it's going up because of us.
• 39:36
  But no, at the end of the day, Bitcoin's price goes up when
• 39:39
  more people buy than sell. It goes down when more people
• 39:41
  sell them buy. I think that's the the short
• 39:43
  answer, but yeah, no, I'm, I'm excited.
• 39:46
  I'm bullish. You know, I know we pumped.
• 39:49
  You got to take it in context. What?
• 39:51
  We've only hit 90K in like October of this year.
• 39:55
  November of this year, we hit 90K for the first time.
• 39:58
  It's history. And we basically stayed above
• 39:59
  that range the entire time for the rest of the year.
• 40:02
  So yeah, I mean, it hit it in right on November 17.
• 40:09
  And here we are at December 30th, so 45 days, 44 days.
• 40:14
  So no reason to be bullish, you know, just a slight pullback in
• 40:17
  price, but that's your opportunity to buy cheap sets.
• 40:20
  You know, Opti, we were screaming at people to buy
• 40:22
  Bitcoin when we fell to 15, five people like, Nah, it's going to
• 40:25
  drop lower. It's too risky.
• 40:26
  It's going to zero. Who is the one guy that like
• 40:29
  he's a perfect bottom signal that the guy that was on Joe
• 40:34
  Rogan who said, oh, it's got $1000 more to go.
• 40:38
  Peter, I always forget his name. He is like really good at
• 40:41
  calling the absolute bottom of Bitcoin.
• 40:44
  And you know, I think hindsight will prove and history will show
• 40:47
  that he was absolutely wrong. And when he was saying that you
• 40:50
  should have been loading up your bags.
• 40:52
  No, I'm really bullish. I don't.
• 40:54
  Is this the same like whale, the bear whale that like over
• 40:56
  history whenever he sells a ton of his Bitcoin and we have to
• 40:59
  eat through it in order to to to fight the flood to get through
• 41:04
  for the buying spree? I don't know.
• 41:06
  I can't remember exactly if it's the bear whale, but it is one of
• 41:09
  those whales that, you know, historically, you know, when
• 41:13
  he's buying, it's probably a good chance to buy.
• 41:16
  If he's selling, then, you know, maybe we're in bear market
• 41:19
  territories here. But yeah, I, well, he's bought.
• 41:23
  He's buying. the US is buying. China's buying.
• 41:25
  Russia's buying. All, all engines.
• 41:27
  Go rocket ship. We're going to the moon.
• 41:29
  Let's go. Hold on.
• 41:30
  Let's play one more time, Rocket.
• 41:31
  Ship. Get on board.
• 41:33
  All right, cheater. What's your thoughts on all of
• 41:36
  the buys? How are you feeling?
• 41:38
  What's the sentiment you're getting going into 2025?
• 41:41
  Yeah, it's funny, man. I think there's two different
• 41:44
  kinds of bitcoiners. You have the bitcoiners that are
• 41:46
  working and you have the Bitcoiners that aren't working
• 41:49
  and the bitcoiners that are working, like when the price
• 41:51
  goes down, hey, it's all a good man.
• 41:53
  Like bring it down, let's get those cheap sets, right?
• 41:57
  And the people who aren't working, the retired people or
• 42:00
  the people that are just living off of their Bitcoin, right?
• 42:02
  They want it to go up. So yeah, like you're saying,
• 42:05
  when people ask me why is the price going up or down, I just
• 42:08
  tell them the same thing. Hey, more people are buying or
• 42:10
  more people are selling, you know, whatever.
• 42:13
  But yeah, I think the plan is if you're like me and you're a
• 42:16
  working man, you know, you just earn money, spend as little as
• 42:20
  you possibly can and save the rest in Bitcoin.
• 42:22
  So yeah, I'm, I'm down for it all, man.
• 42:25
  Price goes up, feels good. Price goes down, it feels good.
• 42:29
  I don't know who's selling. But, you know, it just kind of
• 42:33
  flies in the face of like economists who say that
• 42:35
  deflation doesn't work because people will never spend their
• 42:38
  money if it keeps appreciating in value.
• 42:39
  It's like, bro, people need to buy things.
• 42:42
  People want to live life. You know, if you hold for four
• 42:45
  years or five years, you know, and you want to sell some of it
• 42:48
  to buy something or go on a vacation or whatever, like, you
• 42:51
  know, that's what people are going to want to do.
• 42:53
  So anyway, yeah, that's my take on it.
• 42:55
  Don't know who's buying, don't know who's selling.
• 42:58
  Doesn't make a difference to me either way.
• 43:00
  I'm saving as much as I can. And yeah, man, like it's always
• 43:05
  good when the price cuts in half.
• 43:07
  Like, man, that's great. You getting double the stats,
• 43:09
  You know, I mean, it was kind of painful actually when I looked
• 43:11
  at like, you get less than 1000 stats for a dollar, you know,
• 43:15
  and we'll get into my film in a bit.
• 43:16
  But people are paying, you know, stats to watch the film.
• 43:19
  And like, I just see that number getting smaller and smaller
• 43:21
  stats, like as the price goes up.
• 43:23
  So it's nice to see more stats coming through.
• 43:25
  So it's like, you know, it's like the yin and Yang of
• 43:28
  Bitcoin, man. You love it when the price goes
• 43:30
  up and you got to love it when the price goes down.
• 43:32
  That's the best way to to ride Bitcoin, man.
• 43:35
  So yeah, it's all I got. Totally, totally.
• 43:39
  And to answer Elaine's question again, I've been, I've been
• 43:42
  mentioning Checkmatee's Twitter for a long time, but you can see
• 43:46
  here, he posted this on December 9th, so you know, couple weeks
• 43:50
  ago. But I think this is the same
• 43:52
  thing playing out. You can see he's doing a lot of
• 43:54
  on chain metrics. He's I think he's got a very
• 43:57
  good grasp of what's going on with the price right now because
• 44:00
  you know, we get stupidly bullish or other people get
• 44:03
  stupidly bearish. He's been kind of neutral
• 44:05
  throughout this whole time. And you can see here he tweeted
• 44:08
  this again, again on the 9th, so a couple of weeks ago.
• 44:10
  I'm sure he'll update this in a couple of days, etcetera, but
• 44:13
  checkmate, he goes. The LED foot of Bitcoin long
• 44:16
  term holders, a sell side pressure by existing holders is
• 44:19
  tremendous right now and in my view completely overwhelms the
• 44:22
  demand from both ETFs and micro strategy.
• 44:25
  There are lots of heated signals, but as always, the
• 44:27
  devil's in the detail. And you can see he's plugging
• 44:30
  his latest post. If you look at the chart,
• 44:33
  Bitcoin value days destroyed multiple, you know it's going
• 44:37
  up. So as shooter was saying,
• 44:41
  holders are selling their Bitcoin right now, long term
• 44:43
  holders of Bitcoin, they're getting their games.
• 44:45
  You know, they want to live their life and it's very simple.
• 44:48
  There's more sellers than buyers right now, but that's a buying
• 44:51
  opportunity for everyone out there.
• 44:52
  So you just love to see them. Anyways, before I jump into
• 44:56
  having a conversation with Bitcoin shooter about a film he
• 44:59
  just dropped, make sure you smash like button guys.
• 45:01
  Let's get to 150 likes. I need 20 more people to like it
• 45:05
  right now as we go into the culture.
• 45:09
  And here we go guys. I want to give a shout out to
• 45:13
  our sponsor Hive Digital Technologies.
• 45:15
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• 45:47
  hivedigitaltech.com. All right, guys, last plug to
• 46:02
  pay the bills here at Simply Bitcoin.
• 46:04
  Make sure you guys go to Bit Block Boom, April 3rd to the 6th
• 46:09
  in a couple of months in Dallas, TX, a true Bitcoin conference.
• 46:12
  It's small, it's cozy, it's where lobby con and pool con
• 46:16
  were originated from. It's a bit corner event.
• 46:19
  You hang out with bit corners, you go chill with your favorite
• 46:22
  people, not just a big name, just everyone.
• 46:24
  It's really cool. I, I absolutely love it.
• 46:26
  It's the first conference I ever went to.
• 46:28
  Of course, it's the first conference Nico and I met in the
• 46:30
  flesh. This is where you know, the
• 46:32
  simply Bitcoin team that you know today became official.
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  Make sure you scan the QR code, get yourself a ticket and if you
• 46:40
  use the promo code BBB 21, you can get $100 off the ticket.
• 46:43
  Do it now because everyone does the same thing.
• 46:46
  They're like, oh bro, I don't want to go and then the
• 46:48
  conference comes and then they're following late.
• 46:51
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• 46:52
  It's the cheapest it will ever be.
• 46:54
  All right, moving forward, our boy Bitcoin shooter.
• 46:59
  You dropped the movie, bro, fellow content creator in a in a
• 47:02
  little different Ave. but you just you've been working on
• 47:05
  this. You just play it, drop this
• 47:07
  movie. So hey, maybe I just play the
• 47:09
  trailer real quick. All right, well, I'll just try
• 47:12
  the trailer real quick and then we'll talk about it.
• 47:15
  Nothing else has to change for the average person to feel a
• 47:18
  complete improvement in their life by just prices not going up
• 47:21
  anymore. I buy milk today and it's a
• 47:25
  dollar and I come back next week and next year and it's still a
• 47:28
  dollar. Wow, that's great.
• 47:31
  It's hard to imagine living without inflation and thinking
• 47:35
  of prices that don't go up all the time.
• 47:38
  Would be nice. Nice to be able to plan, yeah?
• 47:42
  Where there's no inflation, there's no struggle.
• 47:44
  Which in the end gives us more time to look inwards, more time
• 47:48
  to determine who am I and how do I want to show up in this world.
• 47:51
  That kind of economic environment would lead to
• 47:54
  unprecedented levels of prosperity, to levels never
• 47:58
  before imagined on Earth. That's a utopian world, isn't
• 48:01
  it? I don't know if it exists, but
• 48:03
  it would be great. Inflation problem is a
• 48:10
  consequence of money printing. If you have a currency with a
• 48:13
  fixed supply, then you would avoid inflation.
• 48:17
  There will only be 21 million bitcoins, with each Bitcoin
• 48:21
  being divisible by 100 million pieces.
• 48:25
  Once you show them how easy it is to use Bitcoin, they can see
• 48:29
  actually how Bitcoin can be useful.
• 48:32
  We really didn't expect that. These computers, they're using a
• 48:35
  lot of energy. And because of that, more people
• 48:38
  can be connected to electricity right away.
• 48:40
  I don't know if there's something that changes people's
• 48:42
  lives as drastically. Between 7 and 10 million people
• 48:46
  will be reached. I think that's a dream we're
• 48:48
  going for. We can go hook rate up and put
• 48:51
  miners right to work and that energy is being used in that
• 48:53
  flares drop or if not gone. Bitcoin is money that dictators
• 48:57
  and governments can't stop. There is no CEO of Bitcoin.
• 49:00
  It is not one computer. It is hundreds of thousands of
• 49:05
  computers. If there wasn't Bitcoin I would
• 49:08
  be depressed. What would we use to fight
• 49:11
  deflation and money printing from government?
• 49:17
  Love it, bro. Well, congratulations on the
• 49:20
  film, dude. Let's just have it at the start
• 49:23
  of the beginning. Where'd this idea come from?
• 49:25
  Why did you work on this film called No More Inflation?
• 49:28
  What got you to create this film?
• 49:30
  I know you spent a lot of time, you know, traveling, recording
• 49:33
  with people to come out with the movie.
• 49:35
  What was the Genesis idea of this?
• 49:38
  Yeah, it's funny it, it kind of stems from bit block boom too.
• 49:40
  So, but really the first work I did in the Bitcoin space was
• 49:45
  2021 with Max and Stacey. We filmed a few things, a few
• 49:50
  Kaiser reports and I went with them to El Salvador the first
• 49:53
  time they had gone down. And so we filmed a few Kaiser
• 49:56
  reports there. We filmed like who Kelly's
• 49:58
  Bitcoin bond announcement and going to El Salvador and meeting
• 50:02
  the people and hearing the story of the country really inspired
• 50:05
  me to like put some sort of documentary together for them.
• 50:08
  So on my own time and my own dime over the next year or so, I
• 50:12
  was working on that and I saw bit block boom was coming up.
• 50:16
  And so I ended up going to bit block boom around the time when
• 50:19
  I had like the almost final cut of that El Salvador film, which
• 50:23
  is called Comeback Country. And I went there and it was the
• 50:26
  first time I really hung out with a bunch of Bitcoiners.
• 50:29
  I was talking about the film, I was showing them the film and
• 50:32
  you know, people really like encouraging me after seeing it.
• 50:36
  So like, hey, this is really good, like in a full length
• 50:38
  film. And so yeah, Bit Block Boom is a
• 50:40
  great conference. If anybody's considering going,
• 50:42
  you should definitely go. It's like I've heard so many
• 50:46
  people like Nico and and Opti like meeting for the first time
• 50:48
  there. It's like all roads lead back to
• 50:50
  Max, all roads lead back to Bit Block Boom somehow.
• 50:54
  So you should go there. But anyway, yeah, after making
• 50:56
  that 10 minute film about El Salvador and Naibu, Kelly
• 51:00
  reposted it and that kind of brought more attention to me and
• 51:03
  people really encouraging me to make a full length film.
• 51:06
  And so I was thinking, you know, what would I do?
• 51:08
  If I'm going to spend a year or two working on something, I, I
• 51:10
  want it to be the most impactful that it can possibly be.
• 51:13
  So I, I knew it had to be Bitcoin related.
• 51:15
  I feel like Bitcoin is what the world needs most right now and I
• 51:19
  was really looking for the best Segway in what is the best way
• 51:23
  into the average person's heart, right?
• 51:25
  This is made for the average person.
• 51:28
  Of course, Bitcoiners will appreciate it because you'll see
• 51:31
  a lot of the things that maybe you've read about or heard about
• 51:34
  Bitcoin doing or, or, or the ways that inflation is bad in
• 51:37
  the world, but you'll actually see it and hear it from people
• 51:39
  directly. So when I was fleshing out the
• 51:42
  film, I knew inflation was the way in this just seemed like the
• 51:45
  most common problem universally that anyone can relate with and
• 51:49
  that Bitcoin is a clear solution for.
• 51:51
  So in doing that, I really wanted to flesh out to two
• 51:54
  halves of the film, one about inflation and one about Bitcoin.
• 51:58
  And so the inflation aspect, I wanted to show what life looks
• 52:02
  like as inflation increases. And so that involved, you know,
• 52:06
  traveling to Jamaica to document double digit inflation,
• 52:10
  Argentina for triple digit. I met many Venezuelans that were
• 52:14
  living in Argentina and they talked about quadruple digit
• 52:16
  inflation. And so, you know, from there
• 52:19
  really showing that this is how life changes and talking about
• 52:23
  why it happens, which is money printing and where that money is
• 52:25
  being spent. So on things like war and food
• 52:28
  and, you know, foreign aid and government bailouts during COVID
• 52:33
  and, you know, of course, the banking crisis and really to put
• 52:37
  a cap on the inflation problem, as this is something that has
• 52:40
  happened to every single money in human history.
• 52:42
  And it always ends this way. And so it's really kind of like
• 52:45
  a dark black pill, you know, horror movie for the first half
• 52:48
  of it. And then that segues us
• 52:51
  perfectly into Bitcoin. Well, you know, if inflation is
• 52:53
  just happening because of money printing, then what if money
• 52:55
  can't be printed? You know, what does that look
• 52:57
  like? And, and so that's how the film
• 53:00
  segues into Bitcoin and it talks about why Bitcoin can't be
• 53:02
  printed. But then it also covers the
• 53:04
  common objections that people have because at this point, you
• 53:07
  know, there's so many preconceived notions out there
• 53:09
  about, you know, it's bad for energy, it's bad for crime, the
• 53:12
  volatility, you know, no one uses it.
• 53:14
  It's too difficult to use, you know, all of these things.
• 53:18
  I feel like the moment you mentioned Bitcoin, you need to
• 53:21
  kind of address those. So.
• 53:23
  So yeah, so with that in mind, you know, I was looking for
• 53:26
  stories around the world that kind of contradicted, you know,
• 53:29
  energies, Bitcoin energy usage is not bad.
• 53:31
  So for example, like you saw in the trailer, you know, I went to
• 53:34
  Kenya and saw what Gridless was doing out there, you know,
• 53:37
  interviewed Eric, their CEO, interviewed a small power
• 53:41
  provider that is actually the one that they're teaming up with
• 53:43
  in one of their sites. And some of the locals that live
• 53:46
  around that area that we're talking about, you know, what
• 53:48
  life is like with than actually having power.
• 53:50
  I mean, these people were literally living in the Stone
• 53:52
  Age. So you'll see in the film, you
• 53:54
  know, one woman's talking about how her kids can study better
• 53:57
  now because they're not studying by kerosene candles anymore or
• 54:00
  kerosene lamps. They actually have light bulbs
• 54:02
  so they can study at night without, you know, the kids
• 54:04
  complaining about their eyes burning.
• 54:07
  And, and there's another farmer there who would spend 2 hours a
• 54:09
  day chopping, you know, food for his cattle with a machete.
• 54:12
  And now he runs it through a machine and it takes them like
• 54:15
  10 minutes. And and so and same thing in
• 54:19
  North Dakota with my boy Huddle Tarantula out there mining off a
• 54:22
  flare gas, literally there are reducing pollution and with the
• 54:27
  Bitcoin mining. So yeah, that's really how the
• 54:30
  whole film kind of got laid out was like, I want to cover the
• 54:33
  problems of inflation. I want to cover, you know, the
• 54:37
  the solution of Bitcoin and I'm willing to go anywhere in the
• 54:41
  world to capture the best stories.
• 54:43
  So yeah, film came out about a month ago.
• 54:46
  Response has been very positive and I would encourage anybody,
• 54:50
  you know, Bitcoiner definitely if you're a Bitcoiner, you know,
• 54:52
  watcher, you're going to see a lot of things that you've never
• 54:55
  seen before. I mean, if you never stepped
• 54:56
  foot on the oil field in North Dakota, you're going to like it.
• 54:59
  Same thing in Kenya and you can watch it at no more
• 55:02
  inflation.com. And then after you watch it, the
• 55:05
  best thing is really to share it.
• 55:06
  I really set out to make this like, you know, Netflix worthy.
• 55:09
  I wanted, you know, a million people, 10 million people, 20
• 55:12
  million, a 100 million people to see it.
• 55:14
  And I really feel like if they do get these messages, you know,
• 55:17
  we we really can change the world, right?
• 55:19
  I mean, there's lots of Bitcoin books out there.
• 55:21
  The rabbit hole is already very rich, but, you know, it doesn't
• 55:23
  really feel like there was like a Bitcoin standard of films.
• 55:26
  And so, yeah, I really feel like that's what I put together.
• 55:29
  And so watch it, if you like it, share it.
• 55:31
  And I think it's just a matter of time before somebody who's
• 55:34
  connected to HBO or Netflix or Joe Rogan or something like that
• 55:37
  sees it. And, you know, we can get this
• 55:39
  on a big platform. And then, yeah, the rising tide
• 55:42
  lifts all ships, you know, So that's kind of the film in a
• 55:45
  nutshell, man. It's been 2 years.
• 55:47
  It's been a crazy journey. It's been exhausting, but it's
• 55:50
  been extremely rewarding and I'm very thankful for all the people
• 55:54
  that helped me along the journey to to get it done.
• 55:56
  And I'm really proud of it. And I hope everybody watches it
• 55:59
  and lets me know what they think, man.
• 56:02
  Love it, bro. Yeah, I mean.
• 56:04
  Look, we were kind of a, excuse me, joking about it before the
• 56:07
  show. You know, we show up every
• 56:09
  single day to work. But when you do what you do, you
• 56:13
  know, you take two years of your life and then you have, you
• 56:16
  know, a product at the end. And so I'm sure it's a labor of
• 56:18
  love. Now my question is, is as a
• 56:21
  filmmaker, obviously you go into this with an idea.
• 56:25
  You kind of have a goal, you know what you kind of want to do
• 56:28
  with the movie, but why you do it?
• 56:32
  I'm sure some interesting stuff happened, maybe some eye opening
• 56:35
  moments. So could you maybe talk about
• 56:37
  one of those things for the audience?
• 56:38
  Like what was one of the things that you learned while making
• 56:41
  this film that you think other people should know?
• 56:45
  Yeah. Yeah, it is interesting, man.
• 56:49
  I mean, it's a lot of fun. I never worked on a project for
• 56:51
  so long and been able to dedicate so much time for it.
• 56:54
  You know, I mean, one of the the most difficult parts was trying
• 56:59
  to explain to people what was going to be in the film without
• 57:01
  the actual film being made, you know, because that's kind of the
• 57:04
  whole point of making the film is to communicate a bunch of
• 57:06
  information in an hour. That's kind of impossible for,
• 57:10
  you know, for for, for you to do in, in person with people.
• 57:14
  And so, yeah, I mean, there's so much stuff.
• 57:19
  You know, there's like if the film's an hour long, it probably
• 57:23
  have like 500 hours of footage right between interviews and
• 57:26
  filming here and there. And so probably they'll be spin
• 57:29
  offs of this and I'll have like longer extended interviews so
• 57:31
  people can get more, you know, deep stories.
• 57:34
  Like in North Dakota, for example, you know, working on an
• 57:36
  oil field, I've never talked to people that worked on an oil
• 57:39
  field. And to understand the kind of
• 57:42
  will that it takes to wake up every morning before the sun and
• 57:45
  to go out in a dangerous environment every day and come
• 57:47
  back, you know, after the sunsets.
• 57:49
  And to do that over and over and over again, you know, gave me
• 57:52
  tremendous respect for them. And there's actual like a
• 57:54
  brotherhood, a sisterhood that happens out there, you know,
• 57:57
  where you work in a dangerous environment and you're trusting
• 58:00
  other people that are on that site before you to come out and
• 58:03
  to, like, do their job correctly.
• 58:04
  Because if they don't, they might be putting you in danger
• 58:06
  and you might not come back that day.
• 58:08
  And you have that same responsibility for yourself when
• 58:11
  you're out there. You want to make that you don't
• 58:13
  set the next person up for failure, you know, to, to, to
• 58:16
  hurt themselves. So just stuff like that
• 58:19
  everywhere around the world, like all these people that I
• 58:21
  met, all these conversations, you know, it's, it's definitely
• 58:26
  changed me. And yeah, again, I think 1st and
• 58:29
  maybe people watch the film and they can ask me like more about,
• 58:32
  you know, any particular place. But, you know, I went to
• 58:34
  Jamaica, Argentina, El Salvador, Latvia, Dubai, Italy, Kenya, a
• 58:41
  handful of states across the US. So yeah, I think and like you're
• 58:46
  saying for any content creator, you know, like I have a lot of
• 58:51
  respect for what you guys do here.
• 58:52
  I know it's a grind and like I spent two years doing this and
• 58:55
  now I can kind of take a break and go back to some of the stuff
• 58:57
  that I was doing before. But I know you guys are are
• 58:59
  still chipping away at it. So, you know, kudos to you guys.
• 59:01
  And so I think, yeah, for any other content creators out
• 59:04
  there, it's just another testament of like, you know, if
• 59:07
  you have a dream and you're willing to put the work in and
• 59:10
  go in day in and day out, then anything is possible.
• 59:13
  So yeah, I guess that's what I would say.
• 59:16
  Love it. Well, I'm going to pass it over
• 59:18
  to. Chris here because he was giving
• 59:19
  you some praise earlier about the movie.
• 59:21
  So Chris, you want to chime in here for the audience?
• 59:24
  Yeah, No, I was just going to ask you, outside of like going
• 59:27
  to the oil fields in North Dakota and learning about like,
• 59:29
  I guess the mining process and ultimately, like oil extraction,
• 59:32
  what is anything else that you learned from interviewing all
• 59:35
  these people and all these hours in all these different
• 59:37
  countries? What was like the most eye
• 59:38
  opening thing? Yeah.
• 59:42
  I always, always gravitate towards the Kenya stuff because
• 59:44
  like man, you know, people have power.
• 59:47
  It just really changes, changes your life.
• 59:49
  But also, even like in Jamaica and Argentina, you know, you
• 59:53
  read about inflation, you have an idea of how your life
• 59:56
  changes. But when you actually talk to
• 59:57
  people who are, you know, skipping meals or spending four
• 1:00:01
  hours a day in their market determining what the price of
• 1:00:03
  their goods should be, you know, it's, it's different.
• 1:00:09
  You know, you get a lot of information from people just in
• 1:00:12
  their emotions and, and in person and.
• 1:00:16
  And so, yeah, I think that's probably the most impactful.
• 1:00:19
  It's just meeting all of these people, not even the Bitcoiners,
• 1:00:22
  just the regular people that are living, you know, through these,
• 1:00:25
  these these crazy inflation And like, and also just making that
• 1:00:30
  connection of like, that's the trend that the US is going in.
• 1:00:33
  I mean, who knows what happens with the, you know, the
• 1:00:35
  strategic reserve, if they can actually, you know, dampen
• 1:00:38
  inflation, but if not, it's like everything's trending in that
• 1:00:41
  direction. I mean, people are already
• 1:00:43
  living month to month in the USA and, you know, skipping meals
• 1:00:47
  doesn't seem that impossible if prices keep going up In
• 1:00:51
  Argentina, there's subsidies for everything.
• 1:00:53
  Like a crazy percentage of the population works for the
• 1:00:56
  government. It lays in there now cutting
• 1:00:57
  stuff down. Maybe that'll help a bit.
• 1:00:59
  But that's the trend I see in the US, lots of government
• 1:01:02
  workers. And so.
• 1:01:04
  So yeah. And then, of course, like, you
• 1:01:06
  know, I interviewed Rockstar Dev and Eric Kayson and those guys
• 1:01:10
  just, they're so brilliant. And they have, they have an
• 1:01:14
  energy that kind of lingers with you after you talk to them.
• 1:01:18
  And then of course, like there's some well known people in the
• 1:01:20
  film like Graham Hancock and Robert Malone.
• 1:01:23
  And I never imagined I would be, you know, interviewing those
• 1:01:26
  guys, especially Graham Hancock, you know, for people that don't
• 1:01:28
  know, he's more known for ancient civilization stuff.
• 1:01:31
  He's got a show on Netflix. But in 1989, he wrote a book
• 1:01:34
  about foreign aid, which Alex Gladstein actually takes a lot
• 1:01:37
  of inspiration from. And if you read Alex Gladstein's
• 1:01:40
  book, he actually sites Graham Hancock's book called Lords of
• 1:01:42
  Poverty often. And so, you know, that's what
• 1:01:46
  Graham and I talked about. And so to be able to actually
• 1:01:48
  sit down with him and, and have a conversation, you know, was
• 1:01:51
  like a, a real dream come true. So to be honest, I don't know if
• 1:01:55
  I've actually fully digested everything that's happened over
• 1:01:57
  the last couple of years, you know, so it's been, yeah, maybe
• 1:02:04
  in the next year I'll be able to digest it all.
• 1:02:06
  But everywhere I went, you know, I have friends in all these
• 1:02:10
  different places now and have the opportunity to see things
• 1:02:14
  and places I never thought I would.
• 1:02:15
  So, yeah, lots of things, man, Lots and lots of things.
• 1:02:21
  Yeah, No, I think that's awesome.
• 1:02:23
  And. Yeah, to your point, I mean,
• 1:02:24
  Opti and I and Shooter, I don't know where you're from, but I'm
• 1:02:27
  assuming you're in either Canada or the US, but we've been very
• 1:02:30
  fortunate that to like, yeah, we see inflation even more so in
• 1:02:33
  the last couple years. But yeah, in other parts of the
• 1:02:35
  world, I can't imagine when they talk about this a lot in the
• 1:02:37
  Bitcoin community, just the mental strain and the economic
• 1:02:41
  calculation you're doing. I know people always say like to
• 1:02:44
  be a good investor, you have to be half time good investor and
• 1:02:46
  half time whatever your occupation is if you aren't just
• 1:02:49
  an out and out investor yourself.
• 1:02:50
  But to your point, like, if you're doing economic
• 1:02:52
  calculations, you know, you're going through a market and
• 1:02:54
  you're like, hey, like, milk is three times more expensive than
• 1:02:57
  it was yesterday. Eggs are double the price.
• 1:02:58
  All the food I'm doing is double the price.
• 1:03:00
  Either I have to skip meals or work harder or pick up more
• 1:03:03
  shifts or get a second, third, fourth job.
• 1:03:05
  Yeah. I can only imagine what it is
• 1:03:07
  like, you living through hyperinflation in the true
• 1:03:09
  sense. Yeah.
• 1:03:11
  So I just want to say commend you for your work.
• 1:03:12
  I really enjoyed the film. I, I really liked it.
• 1:03:15
  I thought it was good and definitely worth people's time
• 1:03:17
  and attention. And I thought you did a great
• 1:03:18
  job. Now, now you've got me excited
• 1:03:21
  for like the additional content you'll release over the coming
• 1:03:23
  years of some of the great interviews.
• 1:03:25
  I think that is the difficulty of something like this with you,
• 1:03:27
  like you said, having 500 hours and then trying to pair it down
• 1:03:30
  to an hour. I feel like you definitely could
• 1:03:32
  have done at least two hours easily, but no, I really
• 1:03:34
  appreciate it and I'll toss it back to Opti if he has any more
• 1:03:37
  questions. No, I was just going to give
• 1:03:39
  shooter a moment here to do you know, the last TLDR elevator
• 1:03:44
  pitch get people over to no more inflation, you know, get them to
• 1:03:48
  watch the video. So the floor is yours, shooter?
• 1:03:51
  Yeah, cool. I mean I.
• 1:03:52
  I think the film kind of speaks for itself.
• 1:03:54
  So, yeah, if you, you know, value independent artists and
• 1:03:59
  you value people making stuff in the Bitcoin space, head over to
• 1:04:02
  No More Inflation. It's pretty sweet.
• 1:04:05
  It's only 10 bucks right now. You can pay with a card or if
• 1:04:07
  you pay with lightning, you get a 8.21% discount.
• 1:04:11
  And then you get access to the film for a week.
• 1:04:13
  And, and yeah, like, you know, all of those funds come directly
• 1:04:18
  to me. There's no platform in the
• 1:04:19
  middle. And yeah, we'll see what
• 1:04:21
  happens. Definitely the, the main goal of
• 1:04:23
  this is to get it far and wide. And so again, I, I, in my
• 1:04:26
  opinion, it's just a matter of time before a big platform is
• 1:04:30
  interested in it. I don't think inflation is going
• 1:04:32
  to go anywhere, especially like I, I, you know, I think a lot of
• 1:04:36
  people have hope that Trump's going to kind of come in there
• 1:04:38
  and help solve it. But when that doesn't happen and
• 1:04:41
  the price of things keep going up, I think people are really
• 1:04:44
  going to have hard questions to ask themselves like, OK, what am
• 1:04:49
  I going to do about this inflation thing?
• 1:04:51
  So I think it's a matter of time before the appetite is there and
• 1:04:54
  a big platform really wants to see this.
• 1:04:56
  But in the meantime, you know, if you want to help support me,
• 1:04:59
  if you want to see something awesome, you know, I I think
• 1:05:03
  it's it's the most powerful one hour in existence, you know, for
• 1:05:09
  Bitcoin. So, yeah, if you like Bitcoin,
• 1:05:11
  if you like independent artists, if you like value for value, if
• 1:05:14
  you, you know, if you care, go watch it.
• 1:05:18
  If not, you know, it's all good, man.
• 1:05:20
  I'll, I'll keep pushing. And yeah, really, again, the
• 1:05:23
  goal was to reach the normies. You know that my my job will be
• 1:05:27
  done. You can send me flowers when you
• 1:05:29
  have the normies in your life coming to you saying, hey, I
• 1:05:32
  just saw this film. No more inflation.
• 1:05:34
  I know you've been telling me about Bitcoin for so long, but
• 1:05:36
  now I really want to get involved.
• 1:05:38
  Like, please walk me through this thing.
• 1:05:40
  Then my job is done. In the meantime, you know, you
• 1:05:43
  can help me by by renting the film and just by sharing it with
• 1:05:48
  people and helping me get it to the right eyes that have the
• 1:05:52
  connection to get it on a big platform.
• 1:05:54
  So that's the pitch. That's the plug.
• 1:05:57
  I'm proud of it. I know you'll love it.
• 1:05:59
  Everybody loves it. If you have an hour, if you got
• 1:06:01
  10 bucks, you know, Yeah, take a look.
• 1:06:04
  Love it, shooter Elaine's. Comment in the chat, though, is
• 1:06:07
  hilarious. You said, you know, inflation's
• 1:06:09
  here to stay and she goes, yes, inflation is going somewhere.
• 1:06:13
  It's going up. As we all know, inflation is
• 1:06:16
  here to stay. They're going to keep printing
• 1:06:18
  money. You need to find a way to
• 1:06:20
  protect yourself and spreading this information.
• 1:06:22
  As we've seen in the election season in the US, inflation is
• 1:06:25
  one of the hot button topics. So people are starting to feel
• 1:06:27
  the strain and I'm starting to see it on Twitter as well.
• 1:06:30
  A lot of people talking about how expensive life is and how,
• 1:06:34
  you know, they're working 2 plus jobs to barely survive.
• 1:06:37
  And you know, our parents didn't work this much.
• 1:06:40
  Or maybe you're just not grinding hard enough.
• 1:06:42
  You need to work 80 hours a week, bro.
• 1:06:44
  And yeah, all that is good. But really to start saving in
• 1:06:48
  Bitcoin and year over year, your savings will increase instead of
• 1:06:52
  decreasing and getting debased and your life gets better.
• 1:06:55
  And I think this is this is what we all try to push is we don't
• 1:06:59
  need to use any money that is designed to steal from us.
• 1:07:01
  We don't need to use any money with inflation baked in.
• 1:07:04
  There is a better way. It is Bitcoin.
• 1:07:06
  There is a better savings technology, the superior money
• 1:07:09
  that is Bitcoin. And so kudos to you Shooter for
• 1:07:12
  making the film. Let's we'll bring you back on
• 1:07:15
  soon when you maybe got another film.
• 1:07:17
  But you know, I don't know, I don't know how long that one's
• 1:07:19
  going to take, but we'll bring you back on the show.
• 1:07:22
  So actually, Shooter, when you plug your Twitter real quick,
• 1:07:25
  and then I'll do the same for Chris, and then we'll wrap up
• 1:07:27
  today's show. Yeah, cool.
• 1:07:30
  Twitter at Let's Go. Simple enough?
• 1:07:32
  Go to No more inflation dot. Com guys, check out the film and
• 1:07:35
  Chris to you as well for the audio listeners, plug your
• 1:07:38
  Twitter account. Thanks for coming on again, bro.
• 1:07:41
  Actually, I think Chris is going to come on Wednesday as well.
• 1:07:45
  For you guys wondering where Nikko is, I don't even know if I
• 1:07:48
  can drop the sauce here, but he is with a yeah.
• 1:07:52
  I'm not going to say he's with an influential bitcoiner right
• 1:07:55
  now. He's whining and dining right
• 1:07:57
  now. I can't say who, but I'm sure
• 1:08:00
  you guys would. You guys would be stoked to hear
• 1:08:02
  it. So thank you for coming on,
• 1:08:04
  Chris. I'll plug your Twitter real
• 1:08:05
  quick and then we'll wrap up today's show.
• 1:08:09
  Yeah. Thanks guys, always a pleasure.
• 1:08:11
  Being here Opti, my Twitter is at Chris Aleimo and then the
• 1:08:13
  number six. You can also find me at Noster
• 1:08:16
  Chris Aleimo at Chris at B dot TC.
• 1:08:20
  So Yep, that's my nip 5. Let's go, let's go.
• 1:08:23
  Well, it's a pleasure opty. Happy new year.
• 1:08:25
  You as well dude you as well. I'm going to put you guys behind
• 1:08:28
  the scene and we'll wrap up the show.
• 1:08:29
  Hang for a couple seconds, guys. Thanks for coming on hanging out
• 1:08:37
  with us. You know, as always, like
• 1:08:40
  subscribe comment, help us get pushed in the out goes help us,
• 1:08:44
  you know, educate more people about why they need to save in
• 1:08:47
  Bitcoin, why they need to acquire as much Bitcoin as
• 1:08:50
  possible. It's a very simple message, but
• 1:08:51
  it still seems like people don't get it.
• 1:08:53
  So on that note, guys, we'll be back tomorrow.
• 1:08:56
  The show don't stop. I'm in.
• 1:09:00
  It's going into the new year and that just, it's never ending,
• 1:09:03
  guys. It is what it is.
• 1:09:04
  All right. Love you guys.
• 1:09:04
  We'll be back tomorrow with our same show, Nico.
• 1:09:06
  We'll be here tomorrow. I think.
• 1:09:08
  I don't know. Don't hold me to it.
• 1:09:09
  All right, peace out, guys. Today's episode was brought to
• 1:09:13
  you by bitcoinwell.com, a Bitcoin only platform on a
• 1:09:16
  mission to enable financial independence.