Latest / Simply Bitcoin / BREAKING: 200X Bitcoin Prediction?! (WHY Did He Change?) | EP 1272

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BREAKING: 200X Bitcoin Prediction?! (WHY Did He Change?) | EP 1272 · Simply Bitcoin

• 0:00
  Yo, Michael Saylor just made another explosive $21 million
• 0:05
  Bitcoin price prediction in front of 10,000 people at BTC
• 0:10
  Prague. But what if there's more than
• 0:12
  meets the eye? The main question is why is
• 0:15
  Michael Saylor once again raising his Bitcoin price
• 0:19
  prediction? I think that's something that
• 0:20
  actually me and Opti predicted when he originally came out with
• 0:24
  that $13 million base case. We said, bro, he's going to have
• 0:28
  to one up himself every single conference.
• 0:31
  And that's exactly what he did 2024 in Nashville.
• 0:36
  He said, hey guys, $13 million Bitcoin in 20 years and then bom
• 0:40
  Bing bom boom 2025 at BTC Prague.
• 0:44
  He's like, hey boys, $21 million Bitcoin in 21 years.
• 0:50
  So what information is he seeing?
• 0:52
  What does he have access to that we all don't have access to?
• 0:55
  We're going to be doing a full breakdown.
• 0:57
  But before we do a deep dive into all this and have this
• 1:01
  fabulous conversation, let's check out this clip from the
• 1:05
  Man, the Myth, The Chat Sailor himself.
• 1:09
  And so with that, with the help of all that information, I'm
• 1:13
  going to now share my Bitcoin prophecy.
• 1:24
  I think we're going to be $21 million in 21 years.
• 1:32
  It's a very special time in the network, maybe the one time in
• 1:38
  the history of the network where you look out 21 years and you
• 1:41
  see 21 million. Specifically, I expect 21
• 1:46
  million coins at a $21 million price in 21 years.
• 1:50
  And people ask how's the network going to grow?
• 1:53
  It's going to be growing at 21% in 21 years.
• 1:58
  The volatility is going to be 21.
• 2:02
  This is all. The only number you need to
• 2:04
  remember is the #21. Alright everybody, we are back.
• 2:15
  OK, 2121 million, 21% Kaggar. That's Michael Saylor's official
• 2:24
  prophecy and just doing a little bit of compare and contrast,
• 2:28
  shall we? This is what he predicted the
• 2:31
  year before at Bitcoin 2024. He said that his base case was
• 2:37
  $13 million, that Bitcoin would have a $280 trillion market cap
• 2:44
  and his basically his Kaggar, it was 29%.
• 2:49
  So he changed the numbers a little bit.
• 2:51
  But what I will say is actually me and Opti, to give ourselves a
• 2:54
  little bit of credit, we did predict that he was going to
• 2:57
  raise the numbers. And the reason for that is quite
• 3:01
  simple, like once you start, you know, putting numbers out, you
• 3:06
  kind of have to raise the price predictions.
• 3:08
  That's that's kind of how it works, right?
• 3:11
  So, you know, I'm not saying it's overly bullish, I'm not
• 3:16
  saying it's overly bearish, but I will say it was inevitable
• 3:20
  that this was going to happen. Now, what's he going to say next
• 3:23
  to your $50 million Bitcoin? I mean, technically he did say
• 3:26
  that. But anyways, Opta, you do have
• 3:29
  another clip. Right.
• 3:30
  Yeah, Yeah. But before we get to that, I do
• 3:32
  want to point out like look at this chart here guys.
• 3:35
  If you kind of notice that obviously I'm going to, I'm
• 3:39
  going to play the clip for you guys.
• 3:41
  It is interesting that he basically says in 21 years
• 3:45
  there'll be a 21% ARR, which is what we're seeing here as his
• 3:49
  bear case now and that his that's basically like his base
• 3:52
  case, bull case going into the future.
• 3:54
  So it is absolutely incredible that we're seeing him kind of go
• 3:59
  from 13 mil to 21 mil. Maybe it's just a good meme, you
• 4:02
  know all. The only number you need to
• 4:04
  remember is 21, obviously on brand for Bitcoin, on brand for
• 4:09
  the 21 million hard cap. But remember 2 weeks ago, I
• 4:12
  believe it was, we did kind of an updated Kager based on his
• 4:16
  prediction of last year based on 100K price and that price got
• 4:20
  moved up to 16 mil. Now this is just blowing that
• 4:23
  out of the water here at 21 million.
• 4:26
  So again, yeah. And the question is like, what
• 4:29
  is he saying or rather seeing on the back end?
• 4:32
  And I think we've been covering this on the show for a long
• 4:34
  time. In the clip we have for you, he
• 4:36
  doesn't really explain everything that he's seeing on
• 4:38
  the back end. Maybe there's some propriety
• 4:40
  information that he really can't tell us.
• 4:43
  But we have been hearing what Sailor's been saying about why
• 4:46
  he thinks it's going to these ridiculous numbers.
• 4:49
  And I know everyone's like it, dude, I'm sick and tired of
• 4:52
  these 20 year projections. Just tell me what Bitcoins going
• 4:54
  to do next year. Obviously we don't know, but as
• 4:57
  as Stu's going to tell us, it's already Infinity per Bitcoin.
• 5:01
  It's priceless. You know, Bitcoin is the most
• 5:04
  valuable thing you can own, period.
• 5:06
  But again, just to recap some of these things we talked about
• 5:10
  Saylor, he did this and I believe it was 2020 Nikko where
• 5:12
  he said the the three things that take Bitcoin to five mail
• 5:15
  is the ETF, it is the Fazbee accounting rules and then banks
• 5:20
  custody Bitcoin. And I think that was by 2030.
• 5:22
  So the all those things are cleared out.
• 5:25
  And then we followed him up again recently, I believe again,
• 5:28
  it was last week and he went out and was saying crazy stuff on
• 5:31
  squat Lux and apparently saying it's on, on squat.
• 5:36
  But I'm choking on my saliva over here.
• 5:38
  And he was basically saying it's the regulatory environment that
• 5:43
  we're seeing, the embracing of Bitcoin from nation states, the
• 5:46
  game theory kicking in, of course, the 21 million hard cap
• 5:49
  and then the next having there's going to be less Bitcoin
• 5:52
  circulating in the market. So things are going to get
• 5:56
  crazy. Of course, we've all heard and
• 5:58
  been covering the corporate treasury strategy, strategy
• 6:01
  playing out where all these corporations are seemingly
• 6:04
  wanting to buy Bitcoin. So I think we are going to see
• 6:07
  the fabled supply. I shocked that everyone's been
• 6:09
  talking about. It's got to happen at some
• 6:12
  point. I know everyone's really right
• 6:14
  now probably in the chat going like, hey, bro, you know, we
• 6:18
  just got under 100K crazy stuff going on in the world.
• 6:21
  Can we just get to like A120150 Ki even have friends that are a
• 6:25
  long time bitcoiners right now that are essentially turning
• 6:27
  bears on me and I'm like, bro, get out of my DMS here, like
• 6:31
  stop text messaging me this, this bear doom stuff like no one
• 6:36
  wants to hear this. We stay bull tarted in in every
• 6:40
  possible scenario. So actually before I play the
• 6:43
  next clip, though still from Satchats, literally, you know,
• 6:48
  someone that hangs out in the chat doing his own thing.
• 6:51
  What's your thoughts on these predictions?
• 6:52
  I know you told me before the show, you're like, I don't care
• 6:55
  about the Fiat price. The only price or the only
• 6:57
  number that matters is how many sats I hold, which is, you know,
• 7:01
  a Nikko ISM here. So Stu, thanks for coming on
• 7:03
  today. What's your thoughts on this?
• 7:04
  Yeah, man. I mean, first of all, Knights of
• 7:07
  Opti salute in the this is what. This is what happens when you
• 7:12
  listen to simply Bitcoin every day you turn into a Bitcoiner
• 7:15
  and you appear on the show, dude, 21/21/20.
• 7:19
  What is what? What what what was all that,
• 7:21
  man? I mean, I can tell you exactly
• 7:23
  what the price of Bitcoin will be next year.
• 7:26
  I can tell you exactly what the price of Bitcoin will be in 21
• 7:29
  years man. The price of one Bitcoin next
• 7:32
  year is going to be 1 Bitcoin dude what are you who, who who
• 7:36
  cares all that business. All I care about is how much
• 7:40
  Bitcoin do I have because the exchange rate back into Fiat
• 7:45
  clown world is unimportant man. We're talking about a brand new
• 7:49
  form of computation that has solved the copy paste problem.
• 7:55
  Let's go bars. Actually, we'll we'll give them
• 7:57
  some. OK, now on to the next clip,
• 8:01
  which is a little more of an explainer and I really hope this
• 8:04
  didn't mess up on me 'cause Restream did mess up on me, but
• 8:07
  I'm pretty sure this is the right one.
• 8:08
  So let's listen to the second clip and then we'll chat about
• 8:11
  it. And what does that look like?
• 8:15
  Well, that looks like 28.5% from here, not that different,
• 8:20
  slightly less than 29% ARR. But the path, the path to 21
• 8:26
  million, it's not going to be simple.
• 8:29
  It's going to be volatile. And so you're going to, you're
• 8:33
  going to see a volatility and it's going, it's going to damp
• 8:36
  over time. But you got to be prepared for
• 8:39
  the volatility, for the surges and the draw downs, the good
• 8:42
  days, the bad days. This is Bitcoins annualized
• 8:46
  return. Looking back a decade, looking
• 8:48
  forward to decades, and you can see that the network was growing
• 8:53
  faster. When it's small, that's totally
• 8:55
  rational. It's now in the mid 50s.
• 9:00
  What do I expect? I expect it will continue to
• 9:03
  grow exponentially, but as it approaches hundreds of trillions
• 9:08
  of dollars, it will decelerate to the point where it's growing
• 9:12
  about 21% a year. Now, how does that compare to
• 9:16
  the S&P? It'll be growing faster in 20
• 9:20
  years. It's still going to be the best
• 9:22
  idea. It's still going to be the most
• 9:25
  lucrative capital asset a company can hold.
• 9:29
  It's still going to be a durable vital.
• 9:34
  There will not be a better investment in the year 2046.
• 9:39
  And I think it's very important to understand that Bitcoins
• 9:45
  trending toward the performance of the best capital assets in
• 9:52
  the world in the conventional world, which are like, you know,
• 9:55
  MAG 7 digital monopolies mixed into an index.
• 9:58
  It's trending toward it, but it will never reach it.
• 10:01
  And it will never perform at that level because it's always
• 10:05
  going to be better. It's always going to be more
• 10:07
  useful. It's always going to be less
• 10:09
  risky. It's always going to have the
• 10:10
  counterparty risk of a company stripped away.
• 10:13
  There's never going to be ACEO to subpoena.
• 10:16
  There's never going to be a labour force.
• 10:18
  There's never going to be the challenge of a supply chain.
• 10:21
  It's never going to have a tariff on it.
• 10:23
  It's going to be pure digital energy, pure economic energy by
• 10:30
  then. It will be moving at the speed
• 10:32
  of light, on layer twos, on layer threes.
• 10:36
  It'll be moving 10 million * a second.
• 10:39
  It'll be trading between billions and billions of nodes
• 10:42
  and billions of other nodes. There's going to be nothing else
• 10:46
  to compete with it. It will be the most valuable
• 10:50
  thing, performing the best. You're not going to want to sell
• 10:53
  it in 21 years, you're just going to wish that you had
• 10:57
  acquired more of it. So I mean, dude, I'm going to
• 11:03
  stick to my guns and I'm going to say like definitely raising
• 11:11
  the price, definitely raising the price prediction.
• 11:15
  And, and if you take a look at that chart too, it looks like
• 11:20
  all that parabola is going to happen when we're all old men.
• 11:25
  It's like that, that short term volatility isn't going to happen
• 11:28
  for another 1520 years. So it's going to give him a, a
• 11:32
  ton of leeway and whatnot. But I'm not surprised.
• 11:36
  I mean, look like we called this when he made his initial price
• 11:41
  prediction. And I'm not saying he's going to
• 11:43
  be wrong at all. I'm not trying to imply that.
• 11:46
  But we called this last year when he he made these
• 11:49
  predictions, right? When he made that $13 million
• 11:52
  prediction, I told Opti I was like, dude, like once you start
• 11:56
  heading down this path, you're just gonna have to start moving
• 11:58
  this up or else it's just not that big of a deal, right?
• 12:03
  I think to what I get from essentially that whole segment
• 12:08
  that he did, that whole presentation he did, I think
• 12:10
  it's like 44 minutes is that at the end of fundamentally like
• 12:16
  Bitcoin is going to be the best performing asset, it is going to
• 12:20
  be beating the S&P. But at the same time it is
• 12:24
  maturing. And that's kind of a reality
• 12:26
  that I think Bitcoiners have to face, right.
• 12:29
  You know, the days of of these 10 XS kind of overnight, maybe
• 12:35
  they're kind of past us a little bit.
• 12:38
  You know, that's, that's what I'm thinking.
• 12:40
  It is, it is getting, it is getting a little bit, it is
• 12:44
  getting a little bit. You know, it's, it's getting,
• 12:47
  it's, it's maturing. It's maturing.
• 12:49
  I think it was Mauricio when he came on, he was like breaking it
• 12:53
  down. This cycle is like primarily
• 12:56
  driven by it's primarily driven by institutions.
• 13:00
  I mean all these, all these kind of retail, I mean all these, all
• 13:07
  these Bitcoin purchases, the big ones specifically they're being
• 13:12
  bought by smart money. They're these aren't kind of
• 13:16
  retail, you know, hype mania type of phases that we've had in
• 13:21
  the past. Now, I'm not saying that can't
• 13:22
  happen, but I think unit biases is a big deal.
• 13:27
  I think it is something to consider and I think Bitcoin
• 13:31
  just growing up as an asset now, I think the good part about this
• 13:35
  is we might not see those crazy, you know, 80 year, 80%
• 13:43
  corrections that we've seen in the past.
• 13:46
  I love pulling up this chart 'cause it kind of explains what
• 13:48
  I'm talking about. Like Bitcoin hasn't been
• 13:52
  searched like it has since December of 2017, right?
• 13:58
  Which is when we ran up from 1K to 20K.
• 14:02
  And then in 2021 it kind of had a little bit of a mania, right?
• 14:06
  But it only got to like 50 of what the 2017 mania was.
• 14:11
  And then currently right now, right, we had a mania like at at
• 14:15
  the end of last year NN December.
• 14:19
  And then it's just kind of been, you know, kind of retail is not
• 14:23
  even aware that Bitcoin exists. And it seems like the volatility
• 14:27
  plays right now happened to be the Bitcoin treasury companies.
• 14:31
  That's what I'm seeing now. Does that mean that Bitcoin is
• 14:34
  boring or that it's a bad investment or any of these
• 14:37
  things? No, I don't think so.
• 14:39
  I think Bitcoin's extremely exciting.
• 14:40
  I think 29% CAGR, you know, year, year over year.
• 14:45
  And then the next five years it's going to be between 50 and
• 14:48
  35 or 40, whatever. It's still nothing's going to
• 14:52
  give you that type of return from a risk adjusted basis.
• 14:57
  So, I mean, you know, it is, it is extremely, it's still
• 15:01
  extremely lucrative. It's it's a one in a
• 15:03
  generational opportunity, obviously.
• 15:06
  But simultaneously you have to understand that the game has
• 15:09
  changed a little bit. The game has changed a little
• 15:12
  bit, you know, but, but, and I said this when we were covering
• 15:16
  this and what Mauricio was on the show, like, you know,
• 15:21
  simultaneously, we've heard this, we've heard this narrative
• 15:25
  before that cycles are over, cycles are done for.
• 15:29
  I've heard this many, many times before.
• 15:31
  Ladies and gentlemen, you know, the last two or three cycles,
• 15:35
  I've heard the same thing. Cycles are over, cycles are
• 15:38
  done. This is the Super cycle.
• 15:40
  So this could be the same case here, but from where I'm
• 15:43
  sitting, man, the price action this year we started I believe
• 15:47
  it was like $109,000 six months into the year, 6 or 7, seven
• 15:52
  months into the year, we're sitting at 100,000 basically.
• 15:57
  So six months into the year. So for six months we've
• 16:00
  literally been going sideways. We had a dip to like the 70 KS
• 16:06
  and then we're back at the 100K region.
• 16:09
  And then, you know, Orange man decided to, you know, drop some
• 16:13
  bombs and that didn't really help the price.
• 16:17
  We're going to be talking about that by the way, 'cause the hash
• 16:19
  rate like crashed. It was kind of I don't know.
• 16:22
  I I think that's interesting. I think you guys will appreciate
• 16:24
  it anyways. If you guys are enjoying the
• 16:26
  show so far, make sure to smash that like button.
• 16:28
  Help us break 100 likes by the 30 minute mark.
• 16:32
  So smash that like button. If you guys are enjoying the
• 16:34
  show and I do want to give a shout out to the live stream
• 16:37
  1400 of you guys watching live between YouTube and X and of
• 16:42
  course, shout out to the rumble live stream as well.
• 16:45
  Again, if you guys are enjoying simply Bitcoin live smash that
• 16:49
  like button Yeah, Opti I I don't know what to say, dude, like it.
• 16:53
  It's it's not as exciting as it was when we started covering
• 16:57
  this six months ago. Look, I'm going to pass it to
• 17:00
  Stu, 'cause it's going to be two, two bulltard bullying a
• 17:04
  bear on today's. Show dude, you start.
• 17:07
  With this and and then tag me in the ring.
• 17:09
  Dude, come on. Come on Nico.
• 17:12
  Bitcoin is so exciting yes, it's fun to think about how many
• 17:19
  dollars it'll get us in the future because I'm trying to I'm
• 17:23
  trying to live that life for sure I mean I was I was working
• 17:26
  a a career and earning more and more and my budget was getting
• 17:29
  tighter and tighter and like I didn't have access to
• 17:32
  traditional assets and my dude, what's going on here man?
• 17:35
  I do want Bitcoin to help me go to the moon.
• 17:37
  But you know, if you're saying that maybe it's like days of
• 17:42
  going wild or behind us, fine, dude.
• 17:45
  Because my dollar's going down no matter what.
• 17:47
  If Bitcoin can just like help me stay steady and the money I put
• 17:51
  into it is the money that comes back out of it.
• 17:53
  And like my boy Skip on down the road says it's actually about
• 17:57
  the purchasing power. If Bitcoin can just preserve my
• 18:01
  purchasing power, that's that's good enough for me 'cause I know
• 18:04
  the dollar isn't. But dude, you talk.
• 18:07
  I mean, if you want to come at it like an asset and say, hey,
• 18:10
  look, here's a chart and we're going to put this lens on to
• 18:15
  Bitcoin like it is a stock or a bond or real estate, and then
• 18:20
  the candles are happening and all that, fine, that's fine.
• 18:23
  Bitcoin is an asset. And you're not wrong.
• 18:25
  But Bitcoin is also money. Bitcoin is also a brand new form
• 18:30
  of computation, man. It's like, it's like the Wright
• 18:32
  brothers appeared out of nowhere and like #60 simple, Steve says,
• 18:37
  put together an airplane out of spare lawn mower parts, flew it
• 18:40
  and disappear. Like nobody actually knows just
• 18:44
  what Bitcoin is going to do in the future.
• 18:46
  And you, I, I challenge you to tell me that Bitcoin won't 10X
• 18:52
  in Fiat terms when people figure out that it works on the moon,
• 18:55
  that it works on Mars, that it's the, it's the intergalactic
• 18:58
  credit man. Bitcoin's going.
• 19:00
  Bitcoin's going. Yeah, I mean, but again, moving
• 19:06
  the goal posts a little bit, moving the goal posts and that's
• 19:08
  something to, that's something to keep in mind, right, while
• 19:12
  we're having this conversation, right?
• 19:14
  It went from alright, man, you know, bitcoins gonna 510X right
• 19:19
  to like bro, I'm happy that it maintains our purchasing power a
• 19:22
  little bit, right. So it is, it is kind of, again,
• 19:26
  I, I gotta say, it is a maturing asset.
• 19:30
  You know, it's still incredibly exciting.
• 19:33
  I I think that if you're thinking long term, but I mean,
• 19:37
  Opti are the glory days behind us, my friend, because he he's
• 19:40
  moving these price predictions. I mean, 21 years, dude, like
• 19:43
  we're going to be middle-aged. You know, you're probably going
• 19:46
  to be boomers. You're probably going to have
• 19:48
  some babies by then, you know, well, we'll see.
• 19:51
  Like dude, like I mean like it used to be like OK bro, like 10X
• 19:56
  in a in, in two years in a cycle.
• 19:59
  Right now it's, you know, the 20X or 30X in 21 years.
• 20:05
  Like holy cow. I'm just saying.
• 20:09
  I mean, 21 mil from here in 20 years, 21 years, I think that's
• 20:13
  more than a 20X Nico. So I think that's a 200 X.
• 20:18
  That's 200 X. But hey, you know, maths is
• 20:21
  hard. I don't know.
• 20:21
  Someone fact checked me in in the chat here.
• 20:24
  Anyways, my, my take is like, look, are the good days long
• 20:29
  gone? I don't think so.
• 20:30
  One more of a heuristic that I feel it's like you go and talk
• 20:34
  to people and normal people. I know you guys don't talk to
• 20:35
  normal people. You have excommunicated all of
• 20:38
  the people in your lives that aren't Bitcoiners.
• 20:40
  But if you still talk to normal people, most of them think
• 20:42
  you're crazy when you bring up Bitcoin and further, most of
• 20:45
  them think you're even crazier if you tell them you're all in
• 20:47
  on Bitcoin. And what that tells me is few
• 20:50
  people are actually in Bitcoin. I know we've gotten a lot of
• 20:52
  metrics recently somewhere around the line.
• 20:55
  At least this is kind of the consensus right now that there's
• 20:58
  probably, you know, 1-2, maybe 3% of people globally that are
• 21:03
  in Bitcoin. And I venture to guess it's even
• 21:05
  lower the percentage of people that really understand Bitcoin,
• 21:09
  like every one of us do in the chat and that make Bitcoin
• 21:12
  content. So I think that the true
• 21:14
  adoption rate of Bitcoin from like a Bitcoin maxi perspective
• 21:18
  is I think a lot lower. And so you kind of, you know,
• 21:21
  you take that idea and you realize most people out there,
• 21:23
  you go to the grocery store, you know, you go get gas, etcetera,
• 21:26
  etcetera. I would guess that probably less
• 21:30
  than one person every time you go out there actually hold some
• 21:33
  Bitcoin, understand some Bitcoin.
• 21:34
  So I'm saying all that to essentially say, I think we
• 21:38
  still haven't seen the S curve adoption of Bitcoin.
• 21:41
  I think it's still going to go absolutely nuclear.
• 21:43
  And if you kind of look at that chart that Saylor was saying, I
• 21:46
  think that's kind of what he's saying.
• 21:48
  He's like, look, the next 20 years is going to be the time
• 21:51
  that Bitcoin becomes monetized, the Bitcoin standard, hyper
• 21:54
  bitcoinization, whatever you want to call it.
• 21:56
  That is when we do wait this way, that's wait, what did I do?
• 22:00
  That's when we do the parabolic run up because we still haven't
• 22:05
  seen I think the the critical mass of adoption on Bitcoin.
• 22:09
  Now that's more of a heuristic, that's more of a gut feeling.
• 22:12
  But if you think the good old days are gone and Sailor is
• 22:15
  correct, Bitcoin going up $1,000,000 a year, I don't know.
• 22:19
  That sounds pretty bullish to me.
• 22:20
  Yes, maybe in percentage terms it's worse than what it was in
• 22:23
  the past, but in via purchasing power terms, that's an
• 22:27
  incredible ride. And if you listen to that clip,
• 22:30
  there's a few interesting parts about it. 1 he basically said
• 22:33
  like that, the magnificent 7 you know, all the big tech stocks
• 22:37
  that are now the monopolies of the world, they're going to be
• 22:39
  left in the dust. Now everyone knows that right
• 22:42
  now this is how you stay ahead. You basically just hold the bag.
• 22:45
  7 you know, maybe you got some real estate, some other kind of
• 22:48
  investments, but the big leaders in your portfolio are the ones
• 22:52
  that are dominating the world. The big multi international
• 22:55
  corporations that basically were we're all using, that's how you
• 22:58
  really stay ahead of the debasement of the dollar.
• 23:02
  Now if Bitcoin does better than that, then you can venture to
• 23:05
  guess that a lot of people are going to essentially diversify
• 23:07
  from those portfolios into Bitcoin.
• 23:09
  And I think it just, it just starts to magnify.
• 23:12
  I just I really don't think we've hit that snowball tipping
• 23:15
  point moment yet. We're starting to get there.
• 23:18
  And I think we all kind of do have a little PTSD from the last
• 23:22
  run. We're all kind of trying to
• 23:24
  rationalize and model out how this is going to work.
• 23:27
  But again, the irrational spirits of humanity, the
• 23:30
  psychology behind humanity figuring out that there's a
• 23:32
  better money out there. I think that's going to blow
• 23:34
  everything out of the water. Now the last thing that's not
• 23:37
  really price predictions that I that I kind of find interesting
• 23:40
  was sailors saying there's going to be billions of nodes there.
• 23:43
  Now that is incredibly bullish. I think that's even more bullish
• 23:46
  than I would think. We're at what roughly, you know,
• 23:49
  again, the metrics somewhere around 20,000 nodes.
• 23:52
  So that's I don't really think one in eight people are going to
• 23:56
  be running nodes personally, I think it's going to be less, but
• 23:59
  if that's the case, you know a node almost in every household.
• 24:03
  It's hard how it's hard to see how you're not bullish here yes,
• 24:06
  of course, we're starting to feel like I like I said, I have
• 24:09
  AI have a couple friends that are that are starting to be
• 24:11
  doomers out there. They're starting to be bears,
• 24:13
  AKA Niko over here. You know we're all waiting.
• 24:16
  We all want the price to run. We're all wondering if the
• 24:18
  cycles are breaking, but I, I'm still convinced this year is
• 24:22
  like 203100K by the end of the year.
• 24:26
  I think we're gonna follow old cycles and we're gonna get a
• 24:28
  blow off top like November, December time, as we've seen
• 24:30
  multiple times in the past. But again, all of the buying and
• 24:34
  purchasing power of Bitcoin or sorry, the purchasing of coins
• 24:37
  from treasuries, It's just like there's not that much Bitcoin to
• 24:41
  go around when everyone, the majority of coins, I think it
• 24:43
  was like 6068% of coins are held in self custody.
• 24:48
  It's like this can get crazy really fast.
• 24:50
  Now, again, as I kind of caveated this in the beginning,
• 24:55
  everyone, it's getting kind of tired of like what's going to
• 24:57
  happen in 20 years, as Niko was saying, you know, we're going to
• 25:00
  be boomers by then. We're not actually boomers, but
• 25:02
  we'll be basically senior citizens at that point.
• 25:04
  Like I want to, I want to enjoy these purchasing power now.
• 25:07
  So we're all kind of thinking, OK, what's going to what's going
• 25:10
  to like, dude, we've heard the predictions, We know it's going
• 25:12
  up forever. Infinity divided by 21 million
• 25:15
  or everything divided between. I get, I get all the, the
• 25:18
  ideological, you know, rhetoric around Bitcoin, the propaganda
• 25:23
  around Bitcoin, It's like, but what's this going to do in a
• 25:25
  year or two for me and my family?
• 25:27
  Because that's really what people are are focused on.
• 25:29
  It's like people have problems right now.
• 25:32
  People are hurting. We're seeing all kinds of crazy
• 25:35
  stuff. And you know, on a more tempered
• 25:37
  take, Nico, what's kind of trolling it guys?
• 25:40
  We've just seen some crazy stuff over the weekend and Bitcoin
• 25:43
  barely dipped down under 100K. Like, I don't know, I think the
• 25:47
  network and even the price of Bitcoin right now is pretty
• 25:50
  stable, pretty strong. I think this is a good dive off
• 25:53
  point for what we're going to see by the end of the year.
• 25:56
  And then also, you know, we, we get a discount.
• 25:58
  If you like it at 100K, you'll like it at 99 K.
• 26:00
  If you like it at a million, you're going to love it at 100K.
• 26:03
  Like what's the issue here? Of course, you know, we want to,
• 26:06
  we want to enjoy our purchasing power here.
• 26:08
  We want to, we want to enjoy the huddle ride here.
• 26:10
  But as as me and and me and Stuart were saying before the
• 26:13
  show, as Nico said on the show before, the only real number is,
• 26:17
  are you acquiring more Bitcoin? That's the only thing that
• 26:20
  matters. Everything else is fun.
• 26:21
  We love to do price predictions. Anyone that says they don't care
• 26:25
  about the price of Bitcoin is lying.
• 26:27
  Everyone loves to just make predictions and try to try to
• 26:31
  get the try to entice their friends the FOMO into this.
• 26:34
  Dude, Opti Opti, is Michael Saylor saying that his base case
• 26:38
  from 13 is now up to 21 or that? Yeah, that's that's.
• 26:42
  Exactly right. So just to clear it up for the
• 26:44
  people. He's not bringing his bull case
• 26:46
  down from. Four, No, no, he's bringing it
• 26:47
  up. So just just to just to be
• 26:50
  clear. Here, as we predicted.
• 26:52
  Yeah, just just to be clear here for everyone, if you if you pop
• 26:55
  in a little late. So Saylor basically moved up his
• 26:58
  21 year prediction to 21 million.
• 27:01
  And then after that 21 million price point, he's saying that
• 27:05
  Bitcoin will increase by 21% every year and the volatility
• 27:09
  will be damped in from you know, 7080% corrections to roughly
• 27:13
  fluctuating a around this 21%. So I don't know all these, all
• 27:17
  these models, of course they will be broken are kind of
• 27:20
  bullish to me. Yeah, yeah.
• 27:22
  Let's go. Dude, let's go.
• 27:25
  So yes, ladies and gentlemen, the TLDR, Michael Saylor has
• 27:29
  officially raised his price prediction from $13 million per
• 27:34
  coin to $21 million per coin. We predicted this on simply
• 27:38
  Bitcoin because once you start throwing out these price
• 27:41
  predictions, you got to one up yourself.
• 27:43
  You, you guys have to understand every presentation that you
• 27:46
  make, you set a bar. It's like when you do an
• 27:49
  interview with someone and the interview has like a certain
• 27:52
  production quality, the next interview has to have the same
• 27:55
  production quality or better production quality or else just
• 27:58
  people won't resonate with it the same.
• 28:00
  So like you, you get used to it. It's like as if I told you to go
• 28:04
  back in time and, you know, adopt an iPhone 5, right?
• 28:09
  Like you'd be like, dude, this thing sucks.
• 28:11
  But at the time you're like, yo, this thing's awesome.
• 28:14
  Like human beings get used to things, right?
• 28:17
  So once you start kind of saying, OK, $13 million per
• 28:20
  coin, the next one, you're going to have to, you're going to have
• 28:23
  to raise it a little bit, right? So I think that was an
• 28:26
  inevitability as we predicted here on simply Bitcoin.
• 28:29
  The moment we covered that prediction, I think it was like
• 28:32
  a year ago or so. So it's not surprising at all.
• 28:36
  But I, I, I, I, that doesn't mean that I disagree with
• 28:39
  Saylor, though. I completely agree with him.
• 28:41
  I think this thing's going up forever.
• 28:43
  I think the volatility has decreased a little bit and I
• 28:46
  think that's a reality that I think a lot of bitcoiners are
• 28:50
  still kind of digesting As Mauricio came on yeah, Mauricio
• 28:55
  Co founder of leaden, he came on last last week and he broke it
• 28:59
  down for you guys. He said like, listen, guys, like
• 29:02
  it's a little bit of a different game now.
• 29:04
  You know, bitcoins grown up, you know, these are these are real
• 29:08
  players buying Bitcoin like these are this is smart money
• 29:11
  buying Bitcoin. What does that mean?
• 29:13
  That means that they're not just going on whatever on ramp
• 29:16
  they're using and smash buying. They're doing it in a way where
• 29:21
  they're not moving the price upwards.
• 29:24
  But that's only going to happen for so long until what happens.
• 29:29
  I mean, you see the Pete Russo post every here at every, you
• 29:34
  know, you see them all the time. Like eventually, like a, a, a, a
• 29:40
  beach ball that you put underwater, the thing's
• 29:43
  eventually gonna blow up to the top.
• 29:45
  Now there is conversation of potential paper Bitcoin as well.
• 29:49
  And that is kind of a risk. I remember having a, a, a very
• 29:52
  deep conversation with Caitlin Long and Larry Laparte about
• 29:55
  this. And, you know, fundamentally, a
• 29:58
  lot of this Bitcoin is held with custodians, right?
• 30:01
  So you kind of have to take their word for it that they have
• 30:03
  the Bitcoin that they have that they are supposedly selling,
• 30:07
  right? And yeah, fundamentally, like,
• 30:10
  let's look at the reality. The reality is at the beginning
• 30:13
  of the year, Bitcoin was at 109 K right Now, six months into the
• 30:17
  year, Bitcoin's at 100 and $100,771, right?
• 30:22
  So we've literally gone sideways for six months, right?
• 30:25
  Like, could you imagine telling us that six months ago, Opti?
• 30:29
  I think, I think we would have quit.
• 30:30
  I think simply Bitcoin would have racked up no, but at the
• 30:34
  simultaneously, you know, I'm, I'm as equally bullish as optive
• 30:40
  heading into the end of the year.
• 30:41
  Historically, Bitcoin performs extremely well in Q4.
• 30:46
  Let's see if it continues that pattern.
• 30:49
  If it doesn't continue that pattern, we're in completely
• 30:52
  uncharted territory, right? If Bitcoin, you know, already
• 30:56
  peaked or we're at 100K or we start kind of just going
• 31:00
  sideways and we start kind of creeping up, we're in uncharted
• 31:03
  territory. And that kind of reminds me of
• 31:05
  this post from DJ Boyapati, which I'm going to, I'm going to
• 31:09
  pull up for you guys 'cause I was like tweeting about this and
• 31:16
  VJ has done an like is awesome. He wrote the case like, you
• 31:20
  know, the bull, the bull case for Bitcoin.
• 31:23
  And I do want to pull up one of the posts that he did, which was
• 31:29
  really, really interesting and I think extremely fitting.
• 31:33
  So Opti, if you could pull up the screen, senor.
• 31:36
  Thank you, Sir. Why is Bitcoin's price stuck?
• 31:40
  There are billions in inflows from ETFs and treasury
• 31:43
  companies, and the supply of newly mined Bitcoin is miniscule
• 31:47
  compared to these flows. What gives?
• 31:50
  1 answer is that there's a lot of paper Bitcoin flowing around
• 31:53
  suppressing the price. I do not agree with this theory.
• 31:56
  The simple truth is 100K was a magic number for a lot of long
• 32:01
  time hodlers who happened to hold a huge fraction of the
• 32:04
  total liquid supply of Bitcoin. The selling from these whales is
• 32:09
  easily enough to match the demand from ETFs and Sailor and
• 32:13
  could for some time. This is not something to be
• 32:15
  concerned about, but something to celebrate.
• 32:18
  The process of monetization involves the distribution of a
• 32:23
  new monetary good among the population.
• 32:26
  This cannot happen without whales letting go of their long
• 32:30
  held coins. Eventually whales will state
• 32:33
  their demand to diversify and the price will begin moving on,
• 32:36
  moving again, and hit the magic number of some other group of
• 32:40
  long term holders. Along the way.
• 32:43
  There will be air pockets both up and down as it becomes clear
• 32:47
  for example, that there are very few whales interested in selling
• 32:51
  between 100 and 120 and 150 K. Do not fret about the sideways
• 32:56
  grind. Just know that under the hood,
• 32:59
  the process of monetization of Bitcoin continues unabated.
• 33:02
  He posted this June 6th of 2025. Now what I will say too is after
• 33:08
  having a conversation with a good friend of mine who happens
• 33:12
  to be he has a very high up position in one of the Bitcoin
• 33:16
  on ramps. I was like, I was, I was like
• 33:18
  kind of joking with him. I was like, dude, like, what's
• 33:20
  going on this paper Bitcoin? And he gave me the same theory
• 33:23
  basically about whales, you know, kind of selling.
• 33:26
  And then that gave me the idea of asking YouTube, like
• 33:31
  releasing a poll on YouTube, basically asking you guys, at
• 33:35
  what price would you sell your Bitcoin?
• 33:38
  It was fascinating. So I put 150 Ki put 250 Ki, put
• 33:43
  500 Ki put a million. The vast majority of people that
• 33:47
  voted in that poll. But I would consider selling
• 33:50
  some of my Bitcoin at $1,000,000 per coin.
• 33:53
  And I found that really interesting.
• 33:54
  Now, the reason I'm bringing this up is I want you guys to
• 33:57
  connect the dots. This is what VJ is saying.
• 34:01
  Imagine the people that bought at $100 per coin and you're
• 34:06
  selling at 100,000. You're, you're on, you're on
• 34:09
  cloud 9 right now, right? You're, you're very, very happy
• 34:12
  with what Bitcoin's done for you.
• 34:14
  And you want to upgrade your lifestyle a little bit, right?
• 34:17
  So you sell not your entire stack, but you sell ten, 2030%
• 34:21
  of your stack. But remember, these are people
• 34:23
  that have thousands of coins because they were buying it at
• 34:26
  $100 at A at $50 at a dollar, right?
• 34:30
  So yes, this is what we're getting.
• 34:32
  We're getting a distribution. Anyways, if you guys are
• 34:34
  enjoying today's show, make sure to smash that like button.
• 34:38
  We have 2000 people watching live between YouTube and X and
• 34:42
  shout out to the Rumble audience that's coming in strong.
• 34:45
  We appreciate you guys on Rumble.
• 34:47
  Smash the like button. If you guys are enjoying the
• 34:49
  show, we still have a ton to cover.
• 34:52
  We're going to be talking about, you know, the hash rate
• 34:56
  coincidentally dropping when some other things were being
• 35:00
  dropped. So we're going to be talking
• 35:03
  about that. Then during the news segment,
• 35:06
  Anthony Pompliano has raised $750 million to launch another
• 35:13
  Bitcoin treasury company. That seems to be the like the
• 35:17
  play this cycle, right? And Michael Saylor has continued
• 35:21
  to stack more corn. He's bought about where is it
• 35:25
  here, can't see it, 245 Bitcoin for $26 million.
• 35:33
  I think this is one of his smallest buys.
• 35:35
  It's quite interesting. And then, of course, we have our
• 35:37
  very special guest today. We're going to be talking to Stu
• 35:42
  about SAT's chats, the podcast, these guys coming into the
• 35:47
  scene, and we're going to be talking about their show, what
• 35:51
  they do what what, what makes them unique, what makes them
• 35:54
  special. But before we jump into all
• 35:57
  that, simply Bitcoin does have to give a shout out to its
• 36:00
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• 36:04
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• 37:31
  to the numbers. We have tons to talk about.
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• 37:36
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  All right, everybody, we are back.
• 39:15
  At the time of recording, the Bitcoin price is $101,440 block
• 39:21
  height 902,439. That's per dollar 985 market
• 39:26
  cap, 2.02 trillion Bitcoin versus gold market cap, 8.43%
• 39:31
  decline from all time high. If you're buying Bitcoin right
• 39:33
  now, you're getting it at a 9.4% discount.
• 39:36
  And the realized the realized monetary inflation rate.
• 39:38
  My favorite stat out of all of this is .84%.
• 39:43
  Continuing to take Fiat currencies to absolute school.
• 39:46
  We're going to go down a little bit of a rabbit hole right now.
• 39:48
  Bear with us. By the way, smash that like
• 39:51
  button. Help us get 100 likes within the
• 39:54
  1st 45 minutes of the show. So smash that like button if you
• 39:56
  guys are enjoying it. And I do want to give a shout
• 39:59
  out to the live stream about to break 2000 live viewers.
• 40:04
  And of course, the rumble stream coming in hot.
• 40:07
  So smash that like button if you guys are enjoying simply Bitcoin
• 40:09
  live. But I do want to go down this
• 40:11
  rabbit hole. I find it quite interesting and
• 40:14
  I think this shit will happen in the future.
• 40:16
  Excuse my language. So here's Max Kaiser and he
• 40:19
  says, what if the US was using I can't say that word.
• 40:25
  I'm gonna I'm gonna have to replace that word.
• 40:29
  Boom boom. The big boom boom.
• 40:30
  What if the US was using the boom booms weapons story as a
• 40:36
  cover to hit a specific Middle East, Middle Eastern countries
• 40:41
  BTC mining facilities, right. So that's a that's a bit of a
• 40:45
  rabbit hole, ladies and gentlemen, Of course, if you
• 40:47
  haven't been living under a rock, there's a bit of a
• 40:49
  situation in the Middle East where, you know, once again is a
• 40:57
  boom booms are being dropped on the Middle East for, you know,
• 41:01
  just reasons reasons. And I I got to say personally,
• 41:05
  you know, I mean, Matt Crater covered this.
• 41:08
  I'm personally extremely disappointed.
• 41:10
  We were promised the golden age. We were promised the number go
• 41:13
  up. We were specifically promised no
• 41:15
  more boom booms in the Middle East and boom booms in the
• 41:18
  Middle East have been happening. And that's a Boo Boo.
• 41:21
  Anyways, so Max Kaiser kind of found this out and he pointed to
• 41:27
  the hash rate. There was a bit of a hash rate
• 41:30
  drop while this whole thing happened, right?
• 41:36
  And then I followed up with this this morning, got a little, I
• 41:39
  got a lot of people heated too. I said Trump did say he wanted
• 41:43
  all the mining to be in the US. Is it a coincidence that the
• 41:47
  hash rate dropped while the B twos boom boomed the Middle
• 41:52
  East? Is it a coincidence?
• 41:54
  And a lot of people got pissed off.
• 41:56
  A lot of people were dropping memes, but there was one there
• 42:01
  was one post man and it shows up on my where is this dude?
• 42:08
  Is it? Is it this?
• 42:10
  Boom boom, let. Me see no dude, it doesn't.
• 42:13
  Why does it? Why does it show on my look at
• 42:19
  that. Oh some he deleted it.
• 42:22
  He deleted it. Oh my.
• 42:23
  Oh no, he didn't. Oh no, he didn't.
• 42:25
  OK, he boom boomed it. OK, but it boom, boomed it.
• 42:28
  I liked it. I liked the tweet so I could see
• 42:31
  it. That's so weird.
• 42:33
  No, it's on my personal. All right.
• 42:35
  Well, yeah, I mean, it is kind of weird.
• 42:38
  Just read the tweet from your phone.
• 42:39
  OK, so Brennan Smithson said dogs what?
• 42:45
  That that's his actual handle. That's his actual handle.
• 42:50
  He says what if the bombing had nothing to do with the boom boom
• 42:56
  program and was all about cutting it off from the Bitcoin
• 42:59
  network? Sorry, the tin foil is getting a
• 43:02
  little tight. And then he post a picture of
• 43:06
  the war in Iraq of a soldier essentially just standing with
• 43:11
  all the gold bars, 'cause that's what a lot of people forget,
• 43:15
  right? When they went to Iraq, all that
• 43:17
  gold that belonged to the previous government was just
• 43:21
  straight up seized. In fact, they made a movie like
• 43:24
  they made a movie about it where they kind of, they showed this a
• 43:26
  little bit. You guys remember the movie War
• 43:28
  Dogs? It was it was a pretty good
• 43:31
  movie, right. And like the way they pay them
• 43:36
  for like, you know, them like basic like bringing in arms and
• 43:39
  stuff was just like there was just piles of cash everywhere.
• 43:43
  And that actually belonged to to the previous government.
• 43:45
  So I mean, I think Kaiser coined the term, right, global hash
• 43:51
  war, right? Like that was one of the things
• 43:53
  he said like, Oh my God, there's this global hash war.
• 43:55
  What if there's a kinetic part of that global hash war?
• 43:59
  And you know what, this might be a little bit of a joke.
• 44:02
  And this might little, it might be a little bit of a stretch on
• 44:05
  this example, but I guarantee you, just like we predicted the
• 44:11
  Sailor thing, we predicted the Sailor thing so accurately, the
• 44:14
  moment Sailor dropped that, that $13 million prediction, I looked
• 44:20
  Opti dead in the eye. We're doing, we're still like
• 44:23
  we're still, we were still doing it remotely.
• 44:25
  And I said, Opti, he's going to have to raise this price target.
• 44:29
  And that's exactly what happened, right?
• 44:31
  So I'm saying this right now, there will be a future where the
• 44:37
  powers that be will use their boom booms to go after Bitcoin
• 44:41
  mining facilities. It's just game theory.
• 44:44
  It's just game theory playing out now.
• 44:47
  Is it a coincidence that the hash rate dropped the moment
• 44:51
  that those boom booms dropped? Is that a is that a coincidence?
• 44:55
  And, and again, it's where were these boom booms dropped?
• 44:57
  These boom booms were dropped at like energy facilities, right?
• 45:01
  So like, what else are they doing with that extra energy?
• 45:05
  I mean, I'm just saying, maybe I'm Craig, call me crazy.
• 45:09
  Call me crazy bro, but I don't know.
• 45:12
  I don't know Opti. What do you think?
• 45:14
  I think you guys are tripping. I do.
• 45:17
  I do love a good conspiracy theory and the coincidence of
• 45:20
  the hash rate dropping at that exact time is very interesting
• 45:24
  to say the least. But what's that?
• 45:26
  What's that one, you know, trust of science, saying it's like all
• 45:30
  correlations are not causations or causation does not equal
• 45:33
  correlations. I don't know.
• 45:35
  I mean, I like the theory, you know, I, you know, he did.
• 45:40
  Say he wanted all the Bitcoin mined in the US.
• 45:42
  This is true. Look, I am not a trust the plan
• 45:45
  5D chess guy, but I don't think that's the 5D chess being played
• 45:49
  right now. So, you know, that's my take
• 45:52
  though. What's the Jason Lowry in the
• 45:54
  chat? Super excited.
• 45:56
  Hash wars are going on. We're talking about it.
• 45:59
  I'm going to rub it in your face the moment one day the country
• 46:04
  uses a boom, boom. Look, I'm not saying in the
• 46:07
  future take out a money. Listen, I am not saying in the
• 46:10
  future that this isn't a possibility.
• 46:12
  It's definitely I think something that's on the table
• 46:15
  that will happen. I just don't think that that's
• 46:17
  what. Happens bullish in the chat. 5X
• 46:19
  from from here. Easy by end of year.
• 46:21
  Dude if that does this, this show is going to go to the moon.
• 46:25
  So then I can laugh at you about it.
• 46:27
  Anyways, Stu, what's? It going on.
• 46:29
  Hang on, hang on. They got boom boom they got they
• 46:33
  got boom boom powered submarines shooting boom booms at boom boom
• 46:36
  reactors and Nikko is going to rub the boom boom in your face.
• 46:40
  What's going on here man? I do that would be nuts by the
• 46:45
  way, if we were at the level of attacking another nation state's
• 46:51
  mining power dude. That is like that is madness,
• 46:54
  man. I I personally, I just thought
• 46:57
  that the the goo Baron Mont, you know, your friendly local nation
• 47:03
  state was just living war to war so that you wouldn't realize
• 47:07
  that banks are living bailout to bailout so that we all live
• 47:11
  paycheck to paycheck. I just thought they were just
• 47:13
  making it up for us so that we wouldn't be like, oh, hamburger
• 47:16
  and fries, $17.00 when and you know, when my uncle was a kid,
• 47:19
  it was $0.60. But dude, if they're going after
• 47:22
  some, you know, if they're throwing some boom booms after
• 47:24
  some miners, Whoa, dude, that's crazy time, man.
• 47:28
  Now here's what I'm saying, Nico, if I were your friendly
• 47:32
  local nation state, I wouldn't try to boom, boom another
• 47:36
  country's minors. I would try to compromise all of
• 47:41
  their devices. And then use like 10 to 15% of
• 47:46
  the computing power of every device.
• 47:48
  I compromise to just mine Bitcoin for my country, man.
• 47:52
  So I wouldn't try to, I wouldn't try to blow anything up.
• 47:54
  I would try to compromise it and judo flip it over to myself.
• 47:58
  Dude, bit Maine's been doing that from the beginning.
• 48:04
  Yo, you heard it here first dude.
• 48:06
  Bit main. Oh my goodness.
• 48:09
  Dude, if you ever turn on a miner for the for the first,
• 48:12
  like, you know, to set it up like it does have a default kind
• 48:17
  of mining address, right? And imagine where all that hash
• 48:22
  rate is going. That's number one.
• 48:24
  And #2 the default, the default firmware on some of these miners
• 48:30
  like this has been confirmed. Like, this isn't a theory
• 48:32
  anymore. This isn't some conspiracy
• 48:35
  theory anymore. So I just will say like, yeah, I
• 48:40
  mean, they they've played those games before.
• 48:43
  But I do find it quite like in all seriousness, I find it quite
• 48:47
  interesting. And it's completely plausible
• 48:52
  that the hash rate dropped when that thing dropped.
• 48:55
  Now on X, everyone saying it's debunked and, you know, it's
• 48:59
  just because of power curtailment and and all this and
• 49:03
  that and, you know, and like, yeah, you're crazy.
• 49:06
  No, it has nothing to do with this and this and that.
• 49:09
  Like, I hear you Bros. But like simultaneously, a lot
• 49:12
  of you guys have just been flat out wrong for a lot of these
• 49:16
  things. And here it's simply Bitcoin.
• 49:19
  We've been more accurate than we've been wrong.
• 49:21
  Like we are tomorrow. We are.
• 49:23
  So we are bitcoins. The what is it?
• 49:25
  Oh man, I'm forgetting it bro. Tomorrow's Bitcoin news today.
• 49:29
  We are tomorrow's Bitcoin news today.
• 49:30
  Like we get things right a lot. Most we get more things right
• 49:34
  than we get things wrong. And I'm I'm calling it
• 49:37
  eventually there is gonna be an attack on a mining facility.
• 49:40
  Not like, you know, like, not like, you know, some type of
• 49:45
  illegal attack or whatever. But I'm just, I'm just calling
• 49:48
  it like the incentives are there 'cause like, think about it
• 49:50
  like, you know, this nation state, like Trump's basically
• 49:53
  saying, I want all the Bitcoin mining to be in the United
• 49:55
  States, right? Then he uses the boom boom
• 49:57
  planes to like boom something and then the hash rate drops
• 50:00
  like a a percent like and then like I, I I don't have anything
• 50:05
  else to say. They're.
• 50:07
  Just connect the dots. Connect the dots.
• 50:10
  Tomorrow's boom booms today. Now as a daily watcher of Simply
• 50:14
  Bitcoin, I will say this for Nico for all all all my nights
• 50:17
  of Opti in the chat. Nico follows the news and like
• 50:22
  nation state politics and different so closely that at
• 50:29
  least since I've been listening to simply Bitcoin, Nico has been
• 50:33
  scarily accurate a number of times.
• 50:35
  You know, I mean, the only time he made a a a wrong choice was
• 50:40
  when he silenced my boy Opti live on YouTube and we were all
• 50:44
  there for Opti gate. And I'm trying to tell you man,
• 50:47
  dude, my heart almost burst from how like fast I was like, don't
• 50:51
  you be talking about my Opti spring.
• 50:54
  You know, I was dude, I almost went boom boom in the chat when
• 50:58
  that happened. Dude, I, I was trying to be
• 51:01
  like, to be fair, it's because, you know, like, I mean, you said
• 51:05
  it, Optia, a lot of people have a certain type of of syndrome,
• 51:09
  you know, when you mention certain types of people, right.
• 51:13
  So I was trying to be inclusive in the messaging.
• 51:15
  But then when they put our boys, the Tornado Cash developers, in
• 51:19
  a box and, you know, when we had the opportunity to free Ross,
• 51:24
  you know, as a company, we just said, hey, you know what, Like
• 51:28
  we got to get behind our boy. Like we got to speak up.
• 51:31
  We got to say something. We got to speak up.
• 51:33
  We got to make our voice heard and, you know, endorse the man
• 51:38
  who's dropping boom booms in the Middle East and said he wasn't.
• 51:41
  I don't know about that. Anyways, hey.
• 51:44
  Look, President Opti 2028 and the slogan is a node in every
• 51:49
  household. Let's go.
• 51:51
  Guaranteed guaranteed anyways guys, if you guys are enjoying
• 51:55
  the show, make sure to smash that like button free opti 2100
• 52:01
  of you guys watching live between YouTube and X.
• 52:03
  If you guys are enjoying the show so far make sure to smash
• 52:05
  that like button really really helps with the algos.
• 52:08
  Share this share this share the show subscribe If you guys are
• 52:12
  enjoying the content, we still have a ton of content for you
• 52:15
  guys, so stay tuned. We're going to hit the news
• 52:18
  segment. Anthony Pompliano made a massive
• 52:21
  announcement. He raised $750 million to launch
• 52:30
  another Bitcoin treasury company.
• 52:32
  So we're going to be talking about that.
• 52:33
  That seems to be kind of the theme of this, this cycle, all
• 52:38
  these treasury companies, Bitcoin going into Tradfi.
• 52:42
  So we're going to be talking about that all in just one SEC.
• 52:48
  I want to give a shout out to our partner Let In, the leader
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  So go to coldcard.com, use promo code, simply get 5% off anything
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  on the store. Today's breaking news News
• 55:47
  Anthony Pompiano Pro Cap to go public in $1 billion Bitcoin
• 55:54
  Treasury SPAC deal. Here are some of the details.
• 55:57
  Anthony Pompiano is taking his Bitcoin native financial
• 56:00
  platform Pro Cap BTC public through a $1 billion merger with
• 56:05
  Columbus Circle Capital Corp, ACCCMA special purpose
• 56:11
  acquisition company sponsored by affiliate of Cohen and Company.
• 56:15
  The transition announced Monday Monday positions the new entity,
• 56:20
  Procrap Financial Inc, as one of the largest Bitcoin treasury
• 56:23
  companies ever to hit public market markets and what's being
• 56:28
  called the largest initiative, initial fundraise, fundraise for
• 56:32
  a public Bitcoin treasury company.
• 56:34
  Today, Procrap raised 550 million in preferred equity and
• 56:38
  secured 225 million in convertible notes, giving future
• 56:43
  shareholders immediate exposure to Bitcoin through a structure
• 56:46
  designed to acquire BTC ahead of the deals closed.
• 56:51
  Led by Pompliano, a well known investor and vocal Bitcoin
• 56:54
  advocate, Procap aims to operate at the intersection of digital
• 56:58
  assets and traditional finance. The company plans to generate
• 57:02
  profit not just by holding BTC, but by actively deploying its
• 57:07
  Bitcoin balance sheet across yield generating strategies that
• 57:11
  mitigate risk and capitalize on crypto financial infrastructure.
• 57:16
  Quote The legacy financial system is being disrupted by
• 57:19
  Bitcoin, Pompliano said in a statement.
• 57:21
  Procrap Financial represents our solution to the increasing
• 57:25
  demand for Bitcoin native financial services among
• 57:28
  sophisticated investors. The merger values the combined
• 57:32
  entity of at up to $1 billion, depending on the final Bitcoin
• 57:37
  purchase price at closing. Pro caps BTC assets will be
• 57:41
  custodied until the transaction completes, giving investors near
• 57:46
  instant BTC exposure without waiting for the company to go
• 57:49
  public. The transaction is expected to
• 57:52
  close before the end of 2025, pending SEC review and
• 57:56
  shareholder approval. Here's a quick clip of no, I
• 58:00
  don't have it. I do have it actually, it's
• 58:01
  right here. Here is Anthony Pompliano on
• 58:04
  Squawk Box this morning talking about the transaction itself.
• 58:09
  Well, it says here bitcoins rebounding, I guess maybe based
• 58:12
  on whatever close, it did drop below 99, a $1000 mark that was
• 58:16
  yesterday joining us now it doesn't feel like it's up to
• 58:19
  $1000. Anthony Pompliano, founder and
• 58:22
  CEO of Professional Capital Management.
• 58:24
  It kind of slowly just has been selling off for about 3 weeks I
• 58:31
  think. And last week it got worse,
• 58:32
  broke under 105 all the way down to 99.
• 58:36
  Your, I mean, I know what you're going to say when, when there's
• 58:41
  things like this going on, people sell what they're able to
• 58:44
  sell and it's pretty, it's pretty liquid.
• 58:46
  Yeah. Look, I think that over the
• 58:47
  weekend, we've now seen throughout this year, multiple
• 58:49
  geopolitical events have transpired on Saturday or
• 58:51
  Sunday. The traditional markets are
• 58:53
  closed. Bitcoin is 24/7 global and
• 58:56
  liquid. And so people do sell what they
• 58:58
  want to sell. Now we see that stocks are down
• 59:00
  this morning and I think that many assets will get sold when
• 59:02
  people are able to sell those as well.
• 59:04
  But also, I think that a core function of Bitcoin, it's not
• 59:08
  only the accessibility, but it is the volatility.
• 59:10
  And what you're seeing here is that people are reacting whether
• 59:12
  it's positive or negative. Bitcoin just moves more.
• 59:15
  And ultimately, if you look over the last 90 days, bitcoins up
• 59:17
  15% and it's up over 50% in the last year.
• 59:20
  So I think Bitcoin investors are very happy that they're
• 59:22
  continuing to see volatility. I just think that the the
• 59:26
  overriding theme of the past two months, though, has been cool
• 59:30
  inflation and more dovish comments coming at least from
• 59:35
  some members of the Fed. That's, that's what Bitcoin
• 59:38
  wants, isn't it? I mean, a rate cut, rate cuts,
• 59:41
  QE, anything that that increases the number of dollars out there.
• 59:47
  The big beautiful bill is going to add how much?
• 59:50
  I mean, all these things seem like they're, they're playing
• 59:52
  right into bitcoins wheelhouse. It's up to it was up to 110,000
• 59:58
  from where it was at. 17 what, two years ago?
• 1:00:02
  17,000 wasn't that long ago, so it's come a long way, but it is
• 1:00:06
  and and you can't look at it the way I'm looking at it if.
• 1:00:08
  If you think about that volatility, Bitcoin was down,
• 1:00:11
  you know, 7576 thousand dollars just a few weeks ago.
• 1:00:14
  We're back up over $100,000. And so again, it's the
• 1:00:16
  volatility of Bitcoin is what is attractive to a very large
• 1:00:20
  audience of those holders. But also I think that the large
• 1:00:24
  pools of capital now realize that it is big enough for them
• 1:00:26
  to allocate to. And that's where you're really
• 1:00:28
  seeing kind of this adoption both on Wall Street and at the
• 1:00:31
  nation state level. And I think that's only going to
• 1:00:33
  continue. So I think that last part is the
• 1:00:36
  part that I want to focus on, which is these big pools of
• 1:00:40
  capital are now interested in Bitcoin.
• 1:00:43
  So again from a nation state level, from an institutional
• 1:00:47
  level. But as I was saying in the
• 1:00:49
  beginning of the show, smart money acts a little bit
• 1:00:53
  differently than retail. They don't want to buy billions
• 1:00:58
  of dollars of Bitcoin and then move the price up.
• 1:01:02
  So they do it in a very slow and strategic way.
• 1:01:06
  And that's exactly what has been happening, ladies and gentlemen.
• 1:01:10
  So make no mistake, tons of Bitcoin are being bought on in
• 1:01:15
  the background. But if we are to believe VJ,
• 1:01:18
  right, I don't know how much like I'm on the fence with B JS
• 1:01:22
  assessment. Like if you're an OG, OK, right,
• 1:01:27
  And you know, you have 1000 Bitcoin, right?
• 1:01:29
  It's like $100 million these days.
• 1:01:32
  And you know, you're like, dude, I've been in this for like a
• 1:01:37
  decade. Like I just want to buy my, you
• 1:01:39
  know, buy a house kind of, you know, upgrade my lifestyle a
• 1:01:42
  little bit. Let me just sell 10.
• 1:01:46
  Let me just sell 100 Bitcoin or let me just sell, you know, 20
• 1:01:50
  Bitcoin or 30 Bitcoin, whatever. They still have 1000 Bitcoin
• 1:01:54
  bro. So like like, you know, who are
• 1:01:57
  these O GS? Do they have 10s of thousands of
• 1:02:00
  Bitcoin? Like I mean, you can't have that
• 1:02:02
  many O GS bro. Like if you just do the math
• 1:02:05
  real quick, like the math ain't math in is all I'm trying to
• 1:02:09
  say, right. If there's, there's 19,000,000
• 1:02:12
  Bitcoin available, right? So, and you divide that, let's
• 1:02:17
  say by 10,000, right, There's only 2000 people that can have
• 1:02:24
  10,000 Bitcoin. And that's saying they all only
• 1:02:28
  whales own it. Right, That's only 2000.
• 1:02:30
  There's only 2000 people that could own 10,000 Bitcoin, right?
• 1:02:35
  And then let's let's do the math.
• 1:02:36
  We can keep doing this math, right?
• 1:02:38
  So let's say 19,000,000 Bitcoin divided by 1000, which is a lot
• 1:02:43
  of Bitcoin 19,000. So there's only 19,000 people on
• 1:02:51
  this planet that could own 1000 Bitcoin.
• 1:02:55
  So like there's not that many of these whales, right?
• 1:02:59
  And remember when Lop came on the show, he was like dude, I'm
• 1:03:04
  in and Lop's a no G And he was like dude like I'm in a lot of
• 1:03:08
  these Telegram groups and I have no idea who's selling.
• 1:03:11
  And Adam Back was saying the same thing.
• 1:03:13
  So I mean, is it paper games? Is it paper games?
• 1:03:17
  It's really 42,000,000 bitcoins. Sorry guys.
• 1:03:20
  Is it paper games, bro? That's all I'm saying.
• 1:03:22
  That's all I'm saying, dude. That's all I'm saying.
• 1:03:25
  That's all I'm saying. In other news also, I do want to
• 1:03:27
  cover this Michael Saylor once again.
• 1:03:30
  We used to make titles on and the shows would pop, but now
• 1:03:34
  it's just Michael Saylor. Strategy has acquired 245
• 1:03:38
  Bitcoin for $26 million at 105,000 per coin.
• 1:03:44
  This common is hilarious. Bro found some pocket change in
• 1:03:48
  his drawer to buy the Bitcoin dip.
• 1:03:51
  Oh man, And then the memes. The memes are hilarious.
• 1:03:54
  I'm taking a different, different route on this it.
• 1:03:56
  It seems like Sailor's running out of cash 'cause remember his
• 1:03:59
  old buys he would buy 10s of thousands of coins for, you
• 1:04:02
  know, billions of dollars Now you know, and it.
• 1:04:07
  It's hard to say this, but a measly 25 mil only gets you 245
• 1:04:12
  Bitcoin sailor bro infinite money glitch is seemingly
• 1:04:15
  running out. What's going on here?
• 1:04:17
  But. I I think there's just so much
• 1:04:19
  competitors. Yeah, yeah, yeah, it's a little
• 1:04:20
  bit. It's a little bit different.
• 1:04:21
  It's getting harder, but on on the pop news one, I'm I'm not
• 1:04:27
  the only one to notice that you were calling it pro crap by
• 1:04:30
  accident, but that does that is yeah, I didn't mean to say that.
• 1:04:35
  I. Didn't mean to say that and I.
• 1:04:37
  Think it was. Pro cap.
• 1:04:39
  Pro cap, What was I saying? Pro crap.
• 1:04:41
  You said it twice by by accident.
• 1:04:43
  That was a Freudian slip there. But you know, for anyone that's
• 1:04:47
  been around and knows, if you know, you know.
• 1:04:51
  Get on. More so, that's my thoughts on
• 1:04:53
  that. Do not.
• 1:04:54
  Mean to call a? Program I know, I know that's
• 1:04:56
  why I'm telling you. But there is an interesting
• 1:04:58
  story here, which is the idea like this is the biggest initial
• 1:05:03
  Bitcoin treasury, you know, fundraiser that we've seen.
• 1:05:06
  So I think this is kind of one of those stories where like,
• 1:05:10
  yeah, you know, this is all the rage right now, but coming up
• 1:05:13
  strong with a 750 mil raise and already buying Bitcoin are
• 1:05:17
  already able to get exposure into Bitcoin.
• 1:05:20
  Like you, you're starting to see that that a lot of these Bitcoin
• 1:05:23
  treasury companies are kind of iterating and trying to kind of
• 1:05:26
  differentiate themselves, which is I think one hand, on the one
• 1:05:30
  hand, a good thing. And then on the other hand, you
• 1:05:33
  know, who knows how this is all going to end?
• 1:05:35
  We're just we're just here like watching this crazy stuff happen
• 1:05:39
  and the FOMO of trying to acquire as much Bitcoin play
• 1:05:42
  out. Now the real question is like
• 1:05:44
  we're saying how much Bitcoin or paper Bitcoin is in the system
• 1:05:46
  because if the price doesn't RIP, there is some shenanigans
• 1:05:50
  going on. So I I think we'll know by the
• 1:05:53
  end of the year what's actually going on.
• 1:05:54
  Anyway, Stu, what's your thoughts?
• 1:05:56
  Well, you know, First things first.
• 1:05:59
  Come on in, man. I mean, if, if, if somebody
• 1:06:04
  buying a billion dollars worth of Bitcoin is a problem for
• 1:06:07
  Bitcoin, then we got a real problem on our hands, you know
• 1:06:10
  what I mean? So for me, come on in right like
• 1:06:14
  I want, I want, I want Bitcoin to be the world's money.
• 1:06:18
  And if we need suit coiners to smash Bitcoin and drive up that
• 1:06:24
  exchange rate before they exit out into some other thing
• 1:06:28
  they're interested in. And meanwhile my bags get pumped
• 1:06:31
  all the way upward, gone ahead, man, because I'm trying to get
• 1:06:36
  each individual person on earth stacking sats and using them to,
• 1:06:42
  to, to save and, and to spend right.
• 1:06:44
  I I, I just want Bitcoin to be money because that's what it is.
• 1:06:47
  So dude, going ahead and buy a billion bucks, Michael Saylor
• 1:06:51
  keeps smashing. Like if I had pools of capital,
• 1:06:54
  I'd be smashing Bitcoin too, man.
• 1:06:56
  All I got is like, you know, tiny little sweat droplets that
• 1:06:59
  I'm pulling off trying to buy some dust with like a, like a
• 1:07:03
  Fiat debt slave. But if I had all that money, I'd
• 1:07:06
  do it too, man. So let's let's have at it.
• 1:07:10
  I just think that they need to get guys like us on CNBC, man,
• 1:07:14
  because we need to be rolling in there and letting these people
• 1:07:17
  know what Bitcoin is actually about.
• 1:07:20
  What is it actually about bro? Break it down.
• 1:07:24
  Man, dude, I think Bitcoin is about so much.
• 1:07:26
  We don't even know everything that it's about yet.
• 1:07:28
  But for me, Bitcoin is a way to provide a future for my family
• 1:07:36
  at, you know, you know, middle class income levels, right?
• 1:07:42
  Like it's a way for me to get off the hamster wheel of Fiat
• 1:07:47
  and, and, and like drive my time and energy into something that's
• 1:07:51
  going to actually conserve it. For me.
• 1:07:54
  It's, it's a way to reset what I value in my life.
• 1:07:57
  It's a way to lower my time preference.
• 1:08:00
  It's a way to make me a healthier person because I, you
• 1:08:03
  know, start making better choices.
• 1:08:05
  I mean, Bitcoin has changed who I am as a person and what I
• 1:08:09
  value. And if if, you know, a suit
• 1:08:15
  coiner needs to come in and buy Bitcoin with Fiat because they
• 1:08:21
  have big dreams of making more Fiat with that, then that's OK.
• 1:08:26
  You know, some people, especially when we were at the
• 1:08:29
  show in Vegas, I saw a lot of guys where you can see in their
• 1:08:32
  eyes, they saw Bitcoin as a vehicle for more political
• 1:08:37
  power. And for me, Bitcoin and holding
• 1:08:41
  Bitcoin in self custody is power.
• 1:08:44
  That act that that is power. You know, it's like when Harry
• 1:08:48
  Potter is with Professor Quarrel out in front of the Mirror of S,
• 1:08:51
  Iris said. You know what I mean?
• 1:08:53
  Quiro wants to use the Sorcerer's Stone for something
• 1:08:55
  so he can't get it out of the mirror.
• 1:08:57
  Harry just wants to have the stone to keep it safe.
• 1:08:59
  Dude, it pops right out. I'm trying to be like Harry
• 1:09:01
  Potter over here, Nico I. Am the.
• 1:09:06
  Way I meant to hit the. Horns.
• 1:09:07
  I meant to hit the horns. This is what I was.
• 1:09:09
  This is what I was trying to help you with bro.
• 1:09:11
  OK. Get to the next segment.
• 1:09:15
  Anyways guys this would be a great show 2257 of you guys
• 1:09:20
  watching live. Stu dropping Harry Potter
• 1:09:23
  references coming in hot. Nerd.
• 1:09:25
  Yeah, I got the I got the magic stick.
• 1:09:28
  Come on y'all. But we're gonna we're gonna be
• 1:09:31
  talking about Stu's show during the culture segment.
• 1:09:35
  They coming in hot. They give Sats away during their
• 1:09:39
  show and you guys are going to want to stick around for that.
• 1:09:42
  So anyways, we'll be right back in just a second.
• 1:09:45
  We're going to hit the culture. I want to give a shout out to
• 1:09:49
  our partner Hive Digital Technology.
• 1:09:51
  Why Hive in 2025, unstoppable growth as the first ever public
• 1:09:57
  miner. Hive's position to quadruple
• 1:10:00
  their global footprint, making them one of the world's fastest
• 1:10:03
  growing miners in 2025. And with elite operations that
• 1:10:07
  consistently topped the industry in Bitcoin mine, per the Hash,
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  Hive's now headquartered in the USA.
• 1:10:13
  They're lean and mean, they're green and clean, and they're
• 1:10:17
  rewriting the playbook on sustainable Bitcoin mining.
• 1:10:20
  You can catch the latest buzz at Hive Digital Tech or at Hive
• 1:10:25
  digitaltech.com. I want to give a shout out to
• 1:10:34
  our sponsor Casa. Casa makes self custody easy and
• 1:10:38
  secure. As a bitcoiner I care about
• 1:10:40
  holding my own private keys, but multi sig can sometimes get
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  tricky. Casa nails it with a multi key
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• 1:11:09
  Inheritance planning is built in, and they even offer Casa for
• 1:11:13
  business. If you're thinking about a
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• 1:11:19
  simply to get 10% off Casa Standard or Casa Premium.
• 1:11:24
  Head over to Casa dot IO. Alright everybody, we are back.
• 1:11:32
  If you guys are enjoying today's Simply Bitcoin Live, make sure
• 1:11:35
  to smash that like button where we at and the likes.
• 1:11:40
  We're at 100 and 35138. Help us break 150 likes by the
• 1:11:45
  time we wrap up the show. So smash that like button.
• 1:11:48
  We got Stu in the chat, in the in the chat, in the in the show
• 1:11:52
  today. He's in the chat too.
• 1:11:53
  He's in the he's in the chat, he's on the show, he's on the
• 1:11:57
  show, he's on the show and he's in the chat and he's he's our
• 1:12:01
  guest. Go check out the sats chats
• 1:12:04
  podcast. Stu, there's so many Bitcoin
• 1:12:07
  podcasts these days, bro what makes?
• 1:12:11
  SAT wait, wait. No, no, no, no.
• 1:12:13
  Let's hold off on that one. I wanna hear Stu tell the chat
• 1:12:17
  how sad chats came to be because it's basically, you know, grew
• 1:12:23
  out of the simply Bitcoin ethos. No, it's not a fork.
• 1:12:27
  We inspired him. So still, you were telling me
• 1:12:29
  this before the show. Let's let's start with that for
• 1:12:32
  the audience And and it's really, you know, proof of work
• 1:12:34
  and like, if if not you, then who?
• 1:12:36
  So send. It awesome.
• 1:12:37
  So first of all, big ups to simply Bitcoin and everyone in
• 1:12:41
  the chat that's in here every day, like simply bitcoins chat
• 1:12:45
  on YouTube is like just dedicated bitcoiners that are
• 1:12:50
  coming together to hang out and and you all were there for me
• 1:12:54
  basically around February or so of last year, right.
• 1:12:58
  So January of last year is when I saw a headline that Bitcoin
• 1:13:03
  ETFs had been approved. I'm like, dude, Bitcoin's still
• 1:13:06
  around and then my next question is like what is what is an ETF?
• 1:13:10
  And that sent me down a rabbit hole to where I realized that I
• 1:13:15
  had been living in this world my whole life, working for
• 1:13:20
  something that I had never thought about once.
• 1:13:22
  I hadn't ever thought about money one time.
• 1:13:25
  I just felt I could out earn my stupidity infinitely by getting,
• 1:13:29
  you know, bigger and better salaries.
• 1:13:31
  Well, I found Bitcoin, I found Bitcoin books, I found Bitcoin
• 1:13:36
  podcasts and and I listen to every single one of them.
• 1:13:39
  But the one that I liked the most was simply Bitcoin because
• 1:13:42
  it was a live show every day. Everybody was hanging out in the
• 1:13:46
  chat. My favorite thing to do was say
• 1:13:48
  dumb stuff about how much I loved Opti and see if he would
• 1:13:51
  laugh and put it on screen for me.
• 1:13:55
  And then I eventually started this whole Lord Opti, Knights of
• 1:13:57
  Opti stuff. And I was like, I was like, I
• 1:13:59
  will appear on my Lord Opti show one day.
• 1:14:02
  So I ended up orange Pilling the CEO of Ithaca Hummus, which is
• 1:14:09
  like a very successful multi $1,000,000 hummus company.
• 1:14:12
  You guys should try to go eat some.
• 1:14:14
  And he was like, man, I, I, you know, this is my Fiat business.
• 1:14:16
  I want to make a Bitcoin business and I want to make it
• 1:14:19
  with you. And he had all these ideas and
• 1:14:21
  I'm like, dude, none of those are better than just buying
• 1:14:24
  Bitcoin and holding Bitcoin like what else you got?
• 1:14:27
  And he said, you know what you're really good about.
• 1:14:29
  You're really good at talking about Bitcoin.
• 1:14:31
  Let's do like a podcast or a YouTube show.
• 1:14:33
  So so you know, sat chats was born out of, you know, my daily
• 1:14:39
  time with simply Bitcoin. I mean, Nico taught me all about
• 1:14:44
  the six one O 2 order, about nation states, about the
• 1:14:50
  sovereign individual, about how important Bitcoin was, how
• 1:14:53
  important self custody was. Opti taught me that it was OK to
• 1:14:57
  just laugh and have fun and stack sats and just like be
• 1:15:01
  comfortable with, you know, the time it takes to build real
• 1:15:05
  generational wealth in Bitcoin and kind of like slowly exit out
• 1:15:08
  of this Fiat clown world. So January of this year, on
• 1:15:13
  January 20th, we published our first episode and and Satchats,
• 1:15:19
  you know, Nico, to answer your question, Satchats is different
• 1:15:24
  for this reason. OK, so I was consuming, you
• 1:15:28
  know, a massive number of podcasts and I thought to
• 1:15:31
  myself, OK, I don't want to cover what simply Bitcoin covers
• 1:15:35
  because simply Bitcoin already does it better than I could do
• 1:15:38
  it. So we're not going to worry
• 1:15:39
  about, you know, the types of like headlines, news, nation,
• 1:15:46
  state, politics, developments, that kind of stuff, right.
• 1:15:51
  I also don't want to come at Bitcoin with like the patina of
• 1:15:55
  a financial person who's like, oh, yes, this asset is a dude.
• 1:15:59
  No, thank you. And and like, I didn't want to
• 1:16:02
  be journalistic either because I'm not a journalist.
• 1:16:04
  I'm just, I'm just a dude. I'm just a dad here in Raleigh,
• 1:16:07
  NC. That's it.
• 1:16:09
  So I thought, well, you know what we could do?
• 1:16:12
  We could focus on helping pre coiners stack their first SAT
• 1:16:19
  'cause I'm listening to simply Bitcoin every single day.
• 1:16:22
  And you know, over time it's starting to click for me.
• 1:16:26
  I'm peeling the layers back. I'm starting to realize that
• 1:16:30
  Bitcoin is the greatest of all time.
• 1:16:34
  But everyone I spoke to was just looking at me like I was an
• 1:16:39
  alien, you know what I mean? Like, my, my son would come
• 1:16:42
  over, you know, with a $20 bill because, like, he wants to take
• 1:16:46
  it to the pool party. I'm like, well, son, you know,
• 1:16:49
  you better put that in a zip lock bag because it's a melting
• 1:16:51
  ice cube. Yeah.
• 1:16:52
  I mean, you're going to get all your hands wet touching that
• 1:16:55
  thing. He's like, Dad, you're the worst
• 1:16:57
  ever. So I just was looking around
• 1:17:01
  like, you know, Nico and Opti and, and, and everyone out there
• 1:17:05
  that's, you know, podcasting and writing books and on Bitcoin
• 1:17:09
  Twitter, like everybody's doing all this work to try to help
• 1:17:11
  people understand Bitcoin and they're still not getting it.
• 1:17:14
  Like what, what's going on? It's almost like this powerful
• 1:17:17
  Bitcoin signal that you all are pumping out every day on
• 1:17:20
  YouTube. It's getting to within one mile
• 1:17:23
  of someone's home and not any further like like an Amazon
• 1:17:26
  package that's waiting to get handed off to the US Postal
• 1:17:29
  Service to go the last mile into their mailbox or their front
• 1:17:32
  porch, right? So I'm like, you know what?
• 1:17:35
  I'm going to dedicate my life to Bitcoin and to the Lord Opti.
• 1:17:38
  And when you know, the cyber Middle Ages come about, I will
• 1:17:41
  be rallying all the Knights to his Bitcoin citadel so that we
• 1:17:45
  can start a new world order. But for now, it's like, let me
• 1:17:49
  sit somebody down right here in the studio.
• 1:17:51
  OK, So I sit here in this studio.
• 1:17:55
  This studio is right here in Raleigh.
• 1:17:57
  My my Co host, Chris, who's the CEO and founder of Vincent
• 1:18:00
  Thomas. He sits right here.
• 1:18:03
  When you're a guest, you sit right over here and we sit down.
• 1:18:07
  And if you don't know, if you have no Bitcoin, then we just
• 1:18:10
  simply ask the question, Hey, man, how much do you know about
• 1:18:12
  Bitcoin? And they say, oh, it's a fake.
• 1:18:16
  I think my sister was on the show recently and she's like,
• 1:18:19
  it's oh, I know that it's fake money coins.
• 1:18:21
  I'm like, Oh my God. You're embarrassing me.
• 1:18:24
  I'm like, lid, please, you're killing me.
• 1:18:27
  So, so then we say, OK, stop, let's talk about that.
• 1:18:29
  It's fake money coins. Let's talk about that.
• 1:18:31
  Or they might say, well, I know it's electronic money, but like
• 1:18:34
  it's running out and you can't buy anymore.
• 1:18:35
  It's like, stop, let's talk about that.
• 1:18:37
  You know, or I I know that it's something the CIA created.
• 1:18:41
  I'm like, bro, OK, stop, let's talk about that.
• 1:18:44
  And we we talk to them and just we, we chat about sats, right?
• 1:18:47
  I mean it's in the name SAT chats.
• 1:18:49
  It's the Bitcoin podcast where we chat about SAT.
• 1:18:51
  So we take the pre coiner through their own mind and and
• 1:18:56
  kind of help them realize that the only thing that's stopping
• 1:18:58
  them from stacking sats is just having a good clean one-on-one
• 1:19:02
  conversation with someone who can talk to them about Bitcoin.
• 1:19:07
  And after about 45 some odd minutes, we we actually take a
• 1:19:13
  brain break because learning about Bitcoin is horde and it
• 1:19:17
  makes your blood your your blood pressure drop, right?
• 1:19:20
  The sugars, What do you call it? Your blood sugar drops.
• 1:19:23
  So we actually we crunch some of this Ithaca hummus.
• 1:19:25
  We'll get some woven weed out. They get to choose their flavor.
• 1:19:28
  We crunch on some hummus. We get way down into the
• 1:19:31
  microphones for some ASMRI actually think that our entire
• 1:19:34
  audience just likes to hear us crunch woven weed crackers.
• 1:19:38
  And then we offer them their choice and we actually have it
• 1:19:40
  right here. Hang on.
• 1:19:44
  So at the end of the show, we'll say, look, you know, you, you,
• 1:19:47
  you, you don't have any Bitcoin. You didn't know anything about
• 1:19:49
  Bitcoin. Now we've talked about it and
• 1:19:51
  now we're going to give you a choice, right?
• 1:19:53
  And we offer them this $50.00 bill.
• 1:19:56
  And then we also, we, you know, we used the Clark Moody
• 1:19:59
  dashboard for a while because I got that from you guys.
• 1:20:03
  And then we found UTX Oracle, which is something that Simple
• 1:20:07
  Steve created and it is absolutely insane.
• 1:20:12
  So we calculate the price of Bitcoin over here on UTX Oracle
• 1:20:16
  and we basically say, OK, you know, 50 bucks worth of Bitcoin
• 1:20:19
  at today's rates is, you know, 47,000 SAT's, 50,000 SAT's,
• 1:20:24
  52,000 SAT's. And we, we offer them 50
• 1:20:27
  government tokens, right? 50 naughty little slips of
• 1:20:31
  nation state paper or, you know, 47,000 SAT's, 50,000 SAT's.
• 1:20:36
  And since January, we have had 85 guests on the show.
• 1:20:41
  It said it it it it's every weekday on YouTube. 78 have
• 1:20:47
  chosen to stack the SAT's 7 still need a little bit more
• 1:20:51
  time. So we feel like we are kind of
• 1:20:57
  doing like the Johnny Appleseed Paul Bunyan work of like just
• 1:21:01
  basically orange Pilling pre coiners by hand one at a time
• 1:21:07
  and then, you know, videotaping it and publishing it on YouTube.
• 1:21:12
  We also bring Bitcoiners on, however, and when we have a
• 1:21:16
  bitcoiner, we basically pull their Bitcoin story out of them.
• 1:21:20
  Right. So Jameson Lopp has been on your
• 1:21:22
  show and he's been on a million podcasts and he's often talking
• 1:21:27
  about what's coming next or what technological items could be,
• 1:21:31
  you know, added to Bitcoin. On our show.
• 1:21:34
  He was talking about being a college student going to the
• 1:21:37
  state Employees Credit Union to wire his first, you know, check
• 1:21:44
  to Mount Gox years ago. And the bank manager was saying,
• 1:21:48
  listen, man, this is super risky.
• 1:21:50
  Are you absolutely sure? And he he had to like work with
• 1:21:53
  him for two hours just to get them to send the money to Mount
• 1:21:57
  Gox, right? We had a Bitcoiner on who
• 1:22:01
  accidentally threw away a laptop with 400 Bitcoin on it, you
• 1:22:06
  know, and he looks at that and says, yeah, I basically threw
• 1:22:11
  away $40 million in today's terms.
• 1:22:13
  But he's been dollar cost averaging for years.
• 1:22:15
  And he didn't even care. He gave his nephew, he told the
• 1:22:19
  story of giving his nephew like a Bitcoin when the nephew was
• 1:22:22
  like 2 years old. And now his parents have come
• 1:22:26
  to, his name's Adam. He's, they said, Adam, we could
• 1:22:30
  pay off our house with the Bitcoin you gave to our son.
• 1:22:32
  Can we have access to it? And he's like, no, you can't
• 1:22:35
  because that's your son's Bitcoin.
• 1:22:36
  Now, if your son turns 18 and he wants to pay off your loan, he
• 1:22:40
  can do that. But that's your boy's Bitcoin.
• 1:22:42
  Bam, dude. So we have some incredible
• 1:22:45
  Bitcoin stories that we're collecting almost like in an arc
• 1:22:48
  for when, you know, Bitcoin goes mainstream and some of these
• 1:22:51
  stories get lost. So each day, either you're
• 1:22:54
  getting a pre coiner who's learning to stack their first
• 1:22:57
  stats or hopefully, I mean, again, we've had people that
• 1:22:59
  chose the cash and it hurts deeply, or we have a Bitcoiner
• 1:23:03
  on and we're getting their Bitcoin stories, but they get
• 1:23:05
  their, they get their choice as well, man, they get their
• 1:23:08
  choice. So everybody who comes on the
• 1:23:09
  show gets their choice of 50 bucks or 50 bucks worth of
• 1:23:12
  Bitcoin. Every single person can come on
• 1:23:15
  our show. You just go to satchats.com and
• 1:23:18
  you grab your slot in our studio today.
• 1:23:21
  It's just like Bitcoin. It's it's accessible to
• 1:23:23
  everyone, so you can come on the show, whether it's in person or
• 1:23:27
  virtually, if you're a bitcoiner, which everybody in
• 1:23:30
  simply Bitcoin is a bitcoiner. You guys need to come help me,
• 1:23:32
  man I'm dying over here. All right, my sister thinks that
• 1:23:35
  Bitcoin is fake money coins, man she said.
• 1:23:38
  I think it's like when Mario hits the question box and then
• 1:23:41
  jumps up on top and collects a coin.
• 1:23:42
  I'm like, Oh my God, lid. She doesn't care about inflation
• 1:23:46
  like we're dying over here. So we need you guys to come tell
• 1:23:49
  us your Bitcoin stories, get your sell $50.00 worth of
• 1:23:52
  Bitcoin and we also ask every guest bitcoiner or pre corner
• 1:23:57
  whether they would be willing to come back on in nine months
• 1:23:59
  because we want to study the impact of Bitcoin over time at
• 1:24:03
  zero months, nine months 182736. Do you become a bitcoiner?
• 1:24:08
  Does it change your finances? Do you take no action?
• 1:24:11
  Right. So we, we've got a lot going on
• 1:24:14
  here, but we're tiny little babies with -200 followers on
• 1:24:18
  YouTube and we need everyone who supports you all to come over to
• 1:24:22
  us and smash the subscribe button 'cause when you do,
• 1:24:26
  you'll be entered into your chance to win. 10 million Sats,
• 1:24:31
  dude. 10 million Satoshi's dude. Who doesn't want $10,222 at
• 1:24:38
  today's exchange? Bro give me a break.
• 1:24:40
  We we we're giving away 50,000 sats a show when we hit 1000
• 1:24:45
  subscribers. We randomly pulled a subscriber
• 1:24:47
  and dropped a million Satoshi's on his face and now we're trying
• 1:24:51
  to drop 10 million when we reach 100K subscribers.
• 1:24:54
  So come on over here and when you're done getting the hot
• 1:24:58
  daily sauce from Nico and Opti, just come over to Stuart at SAT
• 1:25:02
  Chats and we'll do Bitcoin story time.
• 1:25:04
  It'll be great. Bitcoin story time giving away
• 1:25:07
  sats to to stack some Subs, man, I love it.
• 1:25:12
  I love it. Well, I, I support you guys
• 1:25:14
  another Bitcoin podcast. I love it.
• 1:25:16
  This is how we spread the Bitcoin signal out there.
• 1:25:20
  And I appreciate the kind words, man.
• 1:25:22
  It's very, very kind of you, dude.
• 1:25:24
  And you know, it's, it's, it's a, it's been a hell of a ride.
• 1:25:27
  Me and Opti basically started this kind of not knowing what
• 1:25:30
  we're doing and we had no idea it would, you know, lead us to
• 1:25:34
  where we are today. You know, so it seems like you
• 1:25:37
  guys just started your content creation journey.
• 1:25:40
  Keep chipping at it. It's a long and tumultuous
• 1:25:44
  journey. And sometimes you know, you get
• 1:25:45
  frustrated 'cause you're like nobody's watching.
• 1:25:48
  But what I will say is that eventually, you know, it
• 1:25:51
  compounds and it stacks up, you know, and eventually before you
• 1:25:55
  know it, you know, you, you, you have followers and you have
• 1:25:59
  people that are listening to you and you have people that are
• 1:26:01
  tuning in. So it's an amazing journey.
• 1:26:03
  And dude, it's super, super glad that you came on the show today
• 1:26:08
  to to share, share some of your wisdom and share some of your
• 1:26:12
  knowledge and share what you guys are doing differently over
• 1:26:15
  there at SAT SAT chat. So go give them a follow guys on
• 1:26:19
  YouTube. They're giving away sats.
• 1:26:20
  They're going to be giving away a lot more Sats once they hit
• 1:26:24
  subscriber milestones and. Again, today is wait, wait,
• 1:26:28
  wait, Nico, before we go. Before we go, we got to plug one
• 1:26:30
  last story here 'cause Stewart is the only officially knighted
• 1:26:35
  Knight of Opties. Here.
• 1:26:38
  So let's just do a quick story time.
• 1:26:41
  I know we're trying to trying to wrap up here.
• 1:26:43
  Niko's giving me the stare, but. The only person who wants simply
• 1:26:46
  Bitcoin to end on time is Niko. Mark my word, dude, he's the
• 1:26:50
  only guy. The rest of us are in the chat.
• 1:26:52
  We're like, we're not doing anything.
• 1:26:53
  We just want to hang out and talk about Bitcoin.
• 1:26:56
  So I'll tell you the story real quick.
• 1:26:59
  It turns out that you know someone, his name's Jacob.
• 1:27:03
  He's like a big heavy. It's simply Bitcoin.
• 1:27:05
  He lives here in Raleigh with me.
• 1:27:06
  We go to the same Bitcoin meet up.
• 1:27:09
  Simple. Steve was telling Jacob like
• 1:27:12
  guys, these dudes are doing a podcast right here and I love
• 1:27:15
  it. Short story long, we were able
• 1:27:17
  to meet Jacob at the show in Vegas and he's like, dude, you
• 1:27:21
  guys want to come on the show and do a little spot together
• 1:27:25
  that got us access to the media area cuz again -200 followers.
• 1:27:29
  They're like, yeah, you can get a regular ticket you pleb, but
• 1:27:32
  simply Bitcoin. They were in like the Prevado
• 1:27:34
  area. So we go back there.
• 1:27:36
  Here comes Opti, my personal hero.
• 1:27:38
  By the way, Opti in real life is 9 foot tall, 410 lbs.
• 1:27:43
  Dude, he's absolutely a specimen and he comes up extra nonchalant
• 1:27:50
  and I tell him, listen man, I am a knight of opti, I'm loyal to
• 1:27:54
  you brother will unite me. I literally bent the knee to my
• 1:27:58
  guy and I handed him a fat water bottle and he just just with it
• 1:28:03
  with the largess of someone who has nobility in his blood.
• 1:28:07
  He straight knighted me on the one shoulder.
• 1:28:10
  He comes over on another shoulder.
• 1:28:12
  And then this guy claims to have 70 IQ.
• 1:28:14
  Nah dude, 700 IQ. He comes, he taps the top of the
• 1:28:17
  head. He did an actual correct Middle
• 1:28:20
  Ages style knighting with a bottle of freaking Aquafina on
• 1:28:24
  the floor of Las Vegas and dude I and he was like rise ye up
• 1:28:27
  Knight of Opti and my life changed.
• 1:28:37
  Nika Nika had to. Take them off too much opti
• 1:28:39
  love. In the chat.
• 1:28:40
  Sound off, I want my Knights of Opti in the chat.
• 1:28:42
  I want an army of chatters every day on simply Bitcoin because
• 1:28:45
  you'll see me sad chats. I'm in the chat.
• 1:28:47
  I want us all Blessing Opti up big time from henceforth.
• 1:28:52
  Let's go I I endorsed this message.
• 1:28:57
  I can't. I can't figure out how to take
• 1:28:59
  Opti off but anyways, if you guys enjoyed today's show June
• 1:29:08
  23rd, 2025, make sure it's a smash that like button consider
• 1:29:11
  subscribing. I'm your host Nico is my
• 1:29:14
  legendary Co host Optimus Fields and of course our special guest
• 1:29:17
  today for today Stu from SAT's chat.
• 1:29:20
  So go check out SAT's chat guys. Love you all.
• 1:29:23
  We'll see you guys tomorrow for a brand new episode of SB live.
• 1:29:26
  Take care, everybody. Today's episode was brought to
• 1:29:29
  you by bitcoinwell.com, a Bitcoin only platform on a
• 1:29:33
  mission to enable financial independence.