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Matt and I have been talking about privacy and the importance of using a VPN for seven years now, literally seven years.
I believe at least once every episode or two.
It's like, hey, make sure you're running a VPN.
I think it's especially important today where you have governments in the UK, other parts of Europe, all across the world, really trying to introduce digital ID and curbing speech with hate speech laws.
Make sure you're protecting your privacy and shielding yourself from government surveillance as you're perusing the web.
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obscura.net, code RHR, 25% off. This rip was brought to you by our official electrolyte
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You've had a dynamic where money's become freer than free.
If you talk about a Fed just gone nuts, all the central banks going nuts.
So it's all acting like safe haven.
I believe that in a world where central bankers are tripping over themselves to devalue their currency, Bitcoin wins.
In the world of fiat currencies, Bitcoin is the victor.
I mean, that's part of the bull case for Bitcoin.
If you're not paying attention, you probably should be.
This is Logan's flu game, his away flu game.
he's out
visiting family
he's sick
he's figuring out how to do
what's up freaks
it was great
pre going live
was able to have a great conversation with your mother
shout out to all the mothers out there
especially
good shout out
shout out to my wife
I mean it's so
cliche
and stereotypical, but it's true.
Christmas set up, doing all the shopping,
all the gift wrapping.
Then I show up Christmas Eve.
I'm like, hey, what can I do?
It's like, okay.
Just don't mess up.
Don't mess up.
Did you see the Tiger Woods meme
that was floating around about it?
Yeah.
It was like every husband to his wife
on Christmas morning,
and it's just Tiger's like,
big dog, good job.
Uh-oh.
I will say...
I got a little...
Hey.
Out of here.
Talking about kids.
It's pretty cool watching Christmas through the eyes of young children.
It really does...
Yeah.
It's got a feeling of magic to it.
Really wonderful experience.
Merry Christmas, freaks.
Oh, I thought it was on mute.
he has figured out a the middle child got a monster truck he's very excited about it's okay i was
talking over you i was just talking about how wonderful christmas is from the eyes of children
through the eyes of children it is we got uh we got it this is the best christmas ever yesterday
i felt good i forgot i was supposed to that's awesome i was supposed to name this episode uh
Merry Christmas.
What is it?
Is it about silver?
I named it Silver Squeeze.
How'd you know it was about silver?
I can see the comments rolling in.
In multiple of me and Marty's group chats,
because we're in many group chats together,
I'm the guy constantly just posting silver memes.
It's a little bit predictable.
Do you have silver bags?
No, I do not.
Did I tell you this story?
I like tried to like a couple of weeks ago,
I tried to FOMO into a physical metal and it was just,
it was,
it was just too much of a pain in the ass.
And I was just like,
whatever,
I'll just go down with the ship if we're wrong.
That's a tweet.
We're going down with Bitcoin ship.
I mean,
like I figured out how to buy like $4,000 worth,
but it just doesn't really move the needle.
It's like, no.
It's like, might as well not.
All the physical metal dealers that I can find online
that accept Bitcoin all accept it through BitPay
and require BitPay to KYC to do it.
And then you, I mean, then it means you're like
receiving like $100,000 worth of physical in the mail
which just didn't seem.
And then how do you,
I got to carry it to sell it.
I figured it just wasn't even worth it.
Yeah.
And hope it's not fake.
It is having its day.
Precious metals.
Gold above $4,500.
I believe this morning.
Maybe $4,600.
Pretty crazy to witness.
It is.
I'm not sure if you saw Matt Dines'
is a tweet on it.
I thought it was good.
You have a look and pull up the silver squeeze tweet.
And then I'll dump Matt Dines is tweeting here too,
because I think.
It was.
Yeah, I mean, I don't know like the validity of this tweet or not,
but.
We got here and I'm definitely not a silver expert.
breaking silver prices are exploding due to a severe global supply shortage the physical market
can no longer meet soaring demand here's what is actually going on china is changing the rules
starting january 1st 2026 china will restrict silver exports to export silver companies will
now need government licenses only large state approved firms qualify at least 80 tons of
annual production around 30 million dollars in credit lines effectively block small mid-sized
exporters china controls roughly 60 to 70 percent global silver supply for those who forget china
went on a silver standard um a couple centuries ago or maybe a century ago and then uh did not
bode well for them when china tightens exports it was a bad decision at the time drops immediately
this is the same tactics china used with rare earth metals the silver number two the silver
market will already was already short supply silver has been in a structural deficit for
five straight years that means demand is higher than supply every single year for 2025 global
demand 1.24 billion ounces global supply 1.01 billion ounces there's a gap of 100 to 250 million
ounces and this gap is expected to get worse after china's export limits mining supply is not growing
silver mining is mostly a byproduct of copper and zinc mining new mines take 10 plus years to build
or quality is falling recycling is not enough to fill the gap there is no quick fix three
how many points does he have?
He has a lot of points.
I mean, I didn't expect you to read them all.
Three physical silver inventories are
collapsing. Four paper silvers.
It's just a fucking silver squeeze.
It's a long-winded
silver squeeze.
And his
argument is that, I guess, that it's being manufactured.
Oh, not, it's being led by China.
Maybe manufactured is the
wrong word.
Did you see
oh and then what's this other tweet you put in here
it was a matt dynes um i thought this is long was the tldr
we're not going to read the whole thing we'll link to it in the show notes too long don't read
is uh didn't read there's a lot of bitcoiners and bitcoin naysayers are saying hey
uh bitcoin's not keeping up with gold and silver it should be performing with them
and it's not like what's happening and dimes basically said like hey this is like the bitcoin
thesis playing out in precious metals like the gold bugs the silver bugs have been talking about
this for decades like it's going to happen gradually then suddenly like and we've reached
the suddenly point for precious metals that shouldn't be seen as a knock on bitcoin like
they're having outlier years which many people have been calling for with the short squeezes
on the paper trading.
No, I mean, so did you see my Cope graph posts
that I put on Noster?
Yeah, they were there.
Big Cope.
So gold and silver priced in Bitcoin last five years.
I mean, they're not anywhere near all-time highs
when priced in Bitcoin, right?
So the positive analysis here is that,
okay you're going to cherry pick numbers and you're going to say you could accuse me of
cherry picking by saying five years but the 10-year chart looks even worse for them um
but uh i think you know i there's there's a couple ways to look at it first of all i mean you could
you could think of this as like a bullish precedent for bitcoin um gold and silver ripping absolutely
massive market caps gold specifically is like absolutely insane um and the amount of nominal
market cap that it's increased over the last two months three months um and that bitcoin will rip
next and that golden the gold and silver moved first um i mean the alternative take though could
be that this is uh the early to middle days of us moving into mandibles and uh we we picked the
wrong coin um and that gold and silver are just going to run away here and that we you know saw
saw the all-time high priced in and big in all-time high price in gold and bitcoin um already
and we'll never see it again.
I don't think that's the case.
But you also have who the fuck knows, right?
And I think that's what's running in a lot of people's heads.
I do think when you look at those charts, though,
and you see the five-year,
people are mentally in tuned with that, right?
I think if you ask the average participant,
they would think that silver and gold priced in Bitcoin right now
are at all-time highs.
But you look at that chart, and it's not even close.
they're having their day they're having their day
i would say though um my son is eating my son is eating gold coins right now just let me know
that he ate the last chocolate coin that is that his aunt gave him last night
Did you tell them it's fake? It's not real gold.
I see some commentators.
As always we have the Nostra live chat That where the freaks dwell You can find it on any Nostra compatible live chat app I like Primal
You can download Primal in your favorite app store.
But some commentators are saying here that,
some commentators, some freaks are saying that
this isn't related to Bitcoin.
I mean, I think this is heavily related to Bitcoin.
It's probably the single most important Bitcoin story of the week,
which is why we let off with it.
I mean, this is a historic metal squeeze across gold, platinum and silver.
And it just feels very mandibles like.
And I will say that historically, from the Bitcoin point of view, we've always been able to punch down in the war of monies with shit coins.
And I think this next era is us punching up more, which is Bitcoin versus gold and Bitcoin versus silver.
They're all computing monies.
And we'll, yeah, I was talking about MVK in the comments.
I wasn't going to call you out by name, but now that you're offended, I called you some commentators.
They're all computing monies.
So I think they'll all exist, right?
I don't think like in a post-Bitcoin world, gold and silver don't exist.
But I think one of them is going to have the lion's share of the market.
And right now that's gold.
And my bet is that it'll be Bitcoin.
Yeah.
Just looking at the chart.
Looking at the chart I'm trading you right now.
Silver is trading at $28.81 January 1st of this year.
Currently it's $76.54.
So it's up like 150%, a little more than that year to date.
good year for silver gold similarly
if we go back to january 1st it was at 2600 now it's at 45 20 so not a double yet but not pretty
big the other thing that's crazy about today's era is it really does feel like everything has
just been it has just evolved into like a meme coin it's just like like social media and
communities i mean around this recent run you see it like crazy um like i don't have like uh
i haven't perfectly distilled this perspective or this thought
even in my own head so let alone saying out loud is is more difficult um but it does feel like
gold and silver make more sense well first of all two twofold right it's like we know that they're
printing like crazy we know we have runaway inflation we know the end of uh the fiat status
quo is is gradually then suddenly being priced in and i still strongly believe in mandibles than
the Bitcoin standard and all of this lines up with that.
But also at the same time,
gold and silver right now are very much trading like the original meme coins.
It's like they have super strong brands behind them.
Retail's aping in in a big way and retail that has any money at least.
It's kind of fascinating.
I mean, it's nothing new either.
It's happened throughout history.
Like you're saying that, it's just like, hey, this is when money dies.
This is what happens.
That's true, yeah.
You gotta read the book.
I mean, this is what I was tweeting out
on October 9th before Bitcoin.
It took a little detour to lower levels,
but whether it's a Bitcoin chart, gold or silver,
we just look and compare them to what was happening
in Weimar back in the day.
We're just living through it again.
but are we going to be able to post charts like the uh the one on the right again
which one big the bitcoin yearly candle just uh skyrocketing higher
anyway be aware freaks something to pay attention to on a on a uh on a cooler note
we called out
the Oslo airport
tax free section accepting
Bitcoin using BTC pay server
and we were correct
that it was a local freak in Oslo
who put it
together and made it happen
he commented on
Noster
claiming victory
so huge shout out to him
what's his name
Sandra
SatoshiConsult.com
he was the one who did it
yeah
Sandra Sonder
sorry for the mispronunciation
we're known for that here
we did call you the local freak
that is a term of endearment
I hope you know
I think he knew it
he seemed like he actually is a freak
so
I mean he clearly listened to it
or maybe someone sent it to him
yeah
hey
feet on the ground
man to man work
man to man offense
go in the Oslo airport
get in the
duty free store
to accept Bitcoin
via BTC pay server
if not you
then who
Sander took
took that quote to heart
and said you know what
I'm going to walk down
to the airport
get you guys set up
I didn't realize
we actually skipped ahead
on the list
because I
I didn't know
Name the episode Silver Squeeze.
Do you want to read the news, the stats of the day first before we continue?
I thought you were going to ask me to read the letter.
I was going to say it's going to take a while.
No, it's a long letter.
We'll just link to it.
Kion wrote a letter from prison.
One of the two jailed samurai devs.
So we linked to the letter.
It was posted in The Rage.
Consider listening to it.
consider reading it and signing the petition if you haven't yet happy to report that the petition
does seem to be accelerating still low numbers 12 553 signatures need to pump those numbers
we'll comment on the letter after we get the clark's dashboard where the current price of
bitcoin is 87 290 dollars one cuck buck is going to get you 1 146 sats we're at 1.74 trillion dollar
market cap we are at block height 929 605 which means we had a difficulty adjustment uh and
despite everything we were talking about china may be binding met a little up banning mining
yet again uh polar vortex leading to more demand response miners forced to shut down it was a flat
adjustment at 0.0% according to Clark's
dashboard. If we go over to mempool.space, we'll see
that they're labeling
technically an upwards adjustment 0.04%.
So we had an upwards difficulty adjustment
since we last met here. We are currently
1,786 blocks
away from the next retarget,
which is estimated to be on January 8th, 2026,
looking like a negative 0.4% retarget right now,
but take that with a grain of salt early in this epoch.
Clock's been coming in at 10 minutes and five seconds on average.
Clark's Mempool struggling right now.
268 transactions in it.
Figure over to mempool.space.
They have 41,527 transactions.
one separate
rebate
we'll get you
in the next block
insane
it's the holidays
everybody's
everybody's on holiday
you know
business isn't happening
Christmas hangover
people aren't
aren't buying
they did all their
gift shopping
with Bitcoin
last month
you know
makes sense
the mempools are empty
relatively empty
with
cheap
cheap transactions
all right back to the letter from
Keon that the rage
reproduced
go read it
hand up I've not finished reading
it yet but
it's really huge in terms of what
Keon specifically is going through right now
yeah I mean
especially on Christmas
this letter hits pretty hard
we need to get them out of jail
yeah
instructed to strip off his clothes
until he's fully or dehumanizing
I think it's a
I think it's a pretty cool partnership
though it seems like he's just going to be
sending letters to the rage
and they're going to be publishing them for him so
that's pretty cool
yeah they also have the address for kian if you want to write to kian
the address is at the bottom yeah just keep in mind that i think the limit is three pages you
can send and every obviously everything is is read uh before it's handed to him so keep that in mind
yeah be aware freaks um i see backwater mining zap does 21 000 sets and the nostril live chat
merry christmas and happy hash rate heating winters are where heat punks shine summers are
for building 2026 will be full of innovation damn right thank you for your support i could
on that shout out to all the heat punks out there one of the uh one of the applications i'm more
bullish on in the next few years i think it's really cool everybody's building out there yeah
and i think um it becomes it just over time like as we've talked about this a lot in the past but
as asic life cycles continue to increase performance improvements plateau and don't
jump up as significantly.
I think we'll see more and more uses of waste heat
and novel ways for mining.
Naturally distributes hash too.
It's really great.
Win, win, win.
This is what I'm thinking of.
Just the heated driveway so you don't have to shovel snow
if you live in an area.
Yeah, that one was cool.
Did you see that one?
Yeah.
Let me see if I find it.
But, I mean, as somebody who had to shovel snow for three hours last week,
this would be way more efficient.
Here's Logan.
Okay.
And like a freak who zapped us in the live chat,
this was built in the summer, and I was able to reap the benefits.
this infrastructure build out.
All right, we're already on
to
the Human Rights Foundation
story of the week,
which is coming out of the UAE.
United Arab Emirates
where CBDC roll out
as free
amid expanding
financial surveillance.
United Arab Emirates
Central Bank
announced that the first phase
of its digital dirham
Central Bank Digital Currency
will be offered free
to users and small businesses
streaming the rollout as a cost-saving upgrade to payments.
But, quote-unquote, free at launch does not mean neutral.
As a direct central bank liability, the digital dirham gives the state full visibility into transactions
and the power to impose future fees, conditions, or negative interest rates once adoption is established.
The news follows the UAE's first state-to-state CBDC transaction conducted via the multi-CBDC Enbridge platform,
which links the UAE with China and other authoritarian states
in a shared programmable settlement system.
For more stories like this and others,
make sure you sign up for the Financial Freedom Report newsletter
at financialfreedomreport.org.
CBDCs, they're here.
Feels like more and more every week.
They told us they weren't coming.
Told us they weren't coming.
Apparently, the EU Ninja launched.
their CBDC or digital euro, I think,
on Christmas Eve.
Let me see if I can find this.
Yeah, I think they settled on the launch date officially.
January 2027, the digital euro CBDC
is expected to enter pilot rollout.
July 2027, EU-wide rules will cap business cash payments
at 10,000 euros.
so the uh the digital euro timeline has been set big topic of discussion this week i don know if you have it on the list i don think you do
but what uh the sanctioning of five europeans for trying to pressure u.s based social media
companies to censor their users.
Oh, I didn't see that.
Is it connected to Russia?
No.
No, it's connected to
a number of things.
The UK.
Is this like the war against Elon?
No.
I mean, he's been dragged into it, but really,
I recorded with Preston Pysh, who's actually leading
the charge.
The UK, after their
digital
Surveillance Act, or I forget what they're calling it, the DSA.
It passed when live at the beginning of this year, and Ofcom, which is a British federal
agency, sent a letter suing 4chan and Kiwi Farms, which are too small.
So you know what 4chan is, obviously.
Kiwi Farms is one I was not aware of.
basically trying to find them and force them to
explain what they're doing and why they're not censoring people.
And Preston Byrne is representing them and others.
You said Pish. Byrne makes more sense.
Did I say Pish? Byrne.
A lot of Preston's.
Byrne is a free speech constitutional lawyer.
Yeah.
That makes a lot more sense.
Yeah. And him and another big coiner.
colin out of wyoming they put together the granite act which would basically make it very hard for
uk and eu officials to try to put pressure on u.s social media platforms to censor their users
because they don't like the speech i recorded with preston earn last friday posted it on monday go
listen to it if you want to learn all about this case but it's it's uh escalating on i think it
Christmas Eve or maybe it was
the 23rd
US sanctioned five
individuals from the European
Union
who were doing this
one of which was Irman Ahmed
who runs the
Center for Countering Digital Hate
which put this YouTube channel if you're watching on YouTube
put us on a list
for having a climate scientist
who don't believe
in a cataclysmic climate change
imminent cataclysmic climate change
John. They put us on a list
and got us censored by YouTube.
Their leader has been
sanctioned, not allowed to enter the U.S.
Nice.
Thierry, the big one
is he was the ex-head of the
EU Commission.
He's the one who sent a letter to Elon
when Elon was
publicly announcing that he was going to interview
Trump. He sent
a letter basically trying to censor
Elon, not having him.
Didn't want him to interview Trump because it couldn't
cite violence in the EU.
Terry Bretton.
He's not allowed in the US either.
There's a few others as well.
That's good news.
Fight fire with fire.
Yeah.
I was going to heat up.
They're saying that
it's a way for the US to evade
the laws of Europe and the UK.
Australia has a similar law too
so they'll probably get into the mix.
That's going to be a big fight.
Do we actually have free speech on the internet
if European countries, Australia, New Zealand,
I think is going to get in the mix too,
can write laws and then supernationally enforce them
on U.S. social media platforms,
hiding behind the guise of the internet and hate speech.
Better get your silver while you still can.
geopolitical tensions are picking up the nastro live chat just like they're all attacking each
other over precious metals now because of us are they i uh yeah they were fighting each other
uh great geese aptos 21,067 sets he says throw out your sketchy millennial slop
let me move this to the screen millennial slop pleb slop rancid adulterated with fillers cooking
fat and start cooking great ghee the lowest poofa best for you amazing tasting animal cooking fat
sourced and produced exclusively in southwest virginia american hodl average gary no dell
all love it merry christmas christ is king death to poofas free samurai let's ride
yeah i had the pleasure of trying great ghee it's great it's great ghee
great naming great naming yeah it's great key we were already using giva we were using local
so we tried his key just to to support the growing bitcoin circular economy on nostr
uh pretty fantastic it goes hand in hand with our wonderful soap from soap minor
incredible soap incredible and then matt 21 zapped us 21 000 sats merry christmas
Merry Christmas to you too.
You have the easier one.
Easier readout.
Merry Christmas.
Also, I realized, by the way, we should start, if people zap the Nostra video, and it's over 21,000 sats, we should start reading that as well with our shoutouts.
So that they're on even footing with podcasting 2.0.
We didn't have one that hit it.
We had Milky zap 20,000 sats, but he was close enough.
And he said Pilates was created by a man.
But also, I don't know if you saw it, but on the announcement,
Bright or Die Freak Brian zapped us a million sats,
which I think is the largest zap of all time.
You can find his account at primal.net slash Brian with a Y.
Go follow that absolute legend.
That's fucking awesome.
Merry Christmas to you.
Thank you, sir.
Yeah, and his message was zap more.
Shout out to Logan and cum rocket.
I'm glad you have access to it this week.
Oh, you don't have access to it.
Thank God.
Well, you did it for him.
Now we got another recording.
That one is even clearer.
Clip that one.
What else do we got?
I guess we should read Fountain Base too,
since we're at this point.
Really podcasting 2.0 base.
We just use Fountain.
To surface them,
Merry Christmas from Eric99.
72,027 sats.
Palindrome zap.
Our girl, Syl.
Bring them back.
44,444 sats.
Horses across the board.
Palindrome boost.
Merry Christmas, freaks.
Here's to a cracking 2026.
Big love always, Syl and Tony.
Love you guys.
Stimmy.
Hashtag 40 hours per week of podcast listening.
21,012 sats,
Boundary of Boos. Merry Christmas,
Free Samurai.
Great messages there. Great support
all around this week.
Announcement post,
live chat, Merry Christmas,
Fountain, Merry Christmas.
Alright, on to software update section.
Zeus version 0.12.0
has been released.
This comes with
MasterWallet Connect Service,
Circular Channel Rebalance Tool,
battery saver detection and warning for
embedded L&D
with private key import and a bunch of
other stuff that I won't read. Go to
the Primal Post or
their GitHub page to learn more about this.
Zeus is awesome. Highly recommend.
One of the best Bitcoin wallets.
Agree.
ZapStore, the major release
version 1.0
release candidate is finally out. Completely new
app. Too many features
to list here available for anyone
to test, get it on Zap Store,
or see our latest release on GitHub.
It will install as a step-in-app.
Yeah, it's a freedom-focused
App Store alternative for Android.
And instead of relying on Google
to verify releases,
it uses Noster keys and signed messages
to verify releases,
so you know you download the correct app.
I still think this is one of the
coolest use cases,
most helpful use cases of Noster.
so a huge shout out
to Fran who's the maintainer of that project
I love it
yeah
go check it out
speaking of checking out year in review
it's that time of the year
because we hit boxing day
gonna get the year in reviews
happy boxing day freaks
happy boxing day
Marty's favorite day of the year
it is
I'm not able to celebrate
my wife got the bug too
so I've got to have my wits about me.
It can't be.
Look at you working on Boxing Day.
Hey, somebody's got to do it.
Somebody's got to do it.
All the help is out celebrating,
so you've got to pick up your sleeves and get it done.
Speaking of years of review,
Bitcoin Opsack came out with theirs.
You can go through a month-by-month breakdown
of some of the bigger research projects,
upgrades, conversations around Bitcoin.
I highly recommend you go check this out.
They have a summary on Quantum.
If you're in there and you don't think Bitcoin developers are focused on it,
you can read what has been worked on there.
You can check that out.
Yeah, Bitcoin Optech is the best technical Bitcoin newsletter in the space.
If you don't read it on a week-to-week basis,
at the very least you should read it for the year-in-review.
This is a can't-miss release.
Go read it.
I'm not going to pretend like I read this article.
I know it was shared in a group chat that we're in last week.
I've had it in an open tab.
But Michael McNair wrote a Medium post,
which I haven't seen in a while.
This is ancient to me.
The Venezuelan drone crisis.
What's going on here?
Um, I, uh, so we were talking about, uh, the Venezuelan embargo last week, um, and potential
motives and blowing up boats and Guyana and oil fields.
And, uh, our colleague at 10 31, John Arnold sent this to us, um, based on that conversation.
And I read the entire thing.
It's actually, it's an interesting perspective.
I, so basically like his thesis is it has nothing to do with oil and it doesn't really
have that much to do with Venezuela either.
And it doesn't have to do with drugs.
But his thesis is that it has to do with the fact that the Ukrainians started really escalating
their use of underwater drones.
The first real underwater drone usage was, I think it was December 15th, so 11 days ago.
And they hit a heavily secure Russian port and they hit a $500 million sub while it was in port, while it was in the harbor.
and Russia panicked so much because of it that the only way they could thought they thought they
could protect the other ships that they had there was by sinking a couple vessels at the mouth of
the harbor to try and make it more difficult for them to attack just to show like the urgency and
the desperation in terms of trying to protect against underwater drones that you can't see that
are cheaply produced and shipped really easily. Now, the biggest issue with underwater drones is
range. So this guy argues that if China and Russia want a foothold in the Caribbean and around the
Panama Canal for underwater drone usage and also surface drone usage, Venezuela is the ideal ally
for them. And he argues that the reason the Trump administration seems to be very aggressive here
and moving very quickly is because that's the fear that they're concerned about. Venezuela being used
as a launching point, Venezuelan ships being used as a launching point. And I have a, we've talked
about in the past, if you haven't read it, Kill Decision by Daniel Suarez is really, really
fascinating. It's about this next era of autonomous drones and the chaotic implications
that come with it. One of the crazy aspects of autonomous drones is particularly if you build
them with off-the-shelf parts, it's really hard to prove who launched them. So you have plausible
deniability that kind of end around mutually assured destruction. So if you don't know who
attack you, it's really hard to nuke them basically.
And I have another story here which was I think this week it came out that China is basically testing out using converting their cargo vessels into military platforms
with advanced detection capabilities,
but also missiles all loaded in storage containers.
And it kind of feels like it's all connected to a degree.
So that's why I wanted to highlight it.
Yeah.
no i love this perspective not that i love that it's happening but i think
it makes a lot of sense we are in the age of asymmetric drone warfare i think ukraine's attacked
deep in russian territory earlier this year when they snuck a bunch of drones um in 18 wheelers
and then decimated a lot of their aircraft
was, will probably be looked back
as probably the,
one of the biggest military battlefield events
of the 21st century, an inflection point.
Yeah, definitely a turning point.
And I would say this other one,
this underwater drone attack on the port.
We'll see, crazy times,
but I just thought it was something that we should highlight,
particularly since we talked about it last week.
I'm definitely not a geopolitics expert,
but this guy's thesis makes a lot of sense to me.
We talked about it.
You read Vanderbilt.
You know all about geopolitics.
I also read When Money Dies.
The age of asymmetric general warfare is a promise.
yeah we've been talking about this for a while the interesting it is if you start to think about
as like cuban missile crisis 2.0 kind of lines up um and then all of a sudden when you're flexing
seizing cargo ships and blowing up fast small boats uh that also lines up pretty well with it
so
that's like
who knows
if this was like
4D chess
but I forget
maybe it was that
that briefing
the presser
that Trump did
where he announced
the military dividend
the war dividend
or the warrior dividend
freedom bonus
he did
he did mention about
like reinvesting
in like large
naval ships
which
in this day and age
doesn't make much sense
you're just
throwing money at massive targets that can be taken out by cheap drone well he announced the
trump class battleships did you saw that yeah that's what they're not they're not traditional
battleships they're basically ones are not a navy expert but they're like the step below they're
like cruisers um with missiles on them and and rail guns um so it's not as crazy as like
announcing like a huge traditional battleship i think a lot of that is just like marketing it's
like this is the new era of battleships but yeah i mean um protecting these these super large
uh like aircraft carriers and shit when you have like autonomous drone swarms it's a whole
different ballgame yeah but that's why it's really interesting this this chinese piece of
using storage containers to quickly retrofit merchant vessels because they have a shit ton of
them um and yeah like the test one has like radar that's obvious and it's like pretty obvious what's
going on there but imagine a situation where you have tens of thousand chinese uh cargo ships and
you don't know which ones have drone swarms and missiles on them and which ones don't
okay what's old is new again go pick up gold warriors talking about uh how the cia went and
pillaged the gold that the japanese hid in the philippines post-world war ii
But a lot of this book is talking about the Asian perspective, Japanese, Korean, Chinese perspective, the lead up to and aftermath of World War II. And one of the big topics is how they retrofitted a bunch of ships back in the day to hide soldiers.
and they were basically marketing them
as medical ships.
They were using them for attack measures.
So again, what's old is new again.
Great book, Gold Warriors.
I think I've mentioned that before.
Go pick it up.
Speaking of this, Navy.
You go first.
I was going to transition to something.
Well, no, yours sounds actually relevant to what we're talking about, so continue.
Speaking of the Navy, United States Indo-Pacific Command,
Jason Lowry has been appointed special assistant and direct advisor.
No one gives a shit.
What?
What do we think?
Everybody's very excited about this.
There's a non-story.
doesn't matter good for him um i don't have it on the list um but what's your opinion on the
epstein releases so far uh you'll be shocked to know i haven't done a deep dive other than
i saw that they redacted a bunch of stuff and didn't actually redact it appropriately so i mean
people are claiming that you can actually did you see that doge canceled their adobe pro
subscription and they think that's why they fucked up the redaction really that would be
incredible what are your thoughts on it i haven't done a deep dive either it's been christmas week
also talk about um talk about the effects of the post-truth world it's so hard to
navigate what is real and what is what is fake um but it seems like trump is heavily implicated
didn't it? Am I correct?
Again, I did not
do a deep dive yet.
Specifically in the redactions,
as they
peel away the redactions, it's like a lot of
Trump mentioned stuff in the redactions.
I don't know.
I haven't looked deeply into it.
Franks, if you have a good
deep dive or analysis on it,
send it our way.
We'll shout it
out next week.
but on the trump topic we also talked about uh that fusion researcher that was killed
yeah like one of the preeminent experts in fusion technology in the country murdered mit
and then since then now the claim is that the the guy who shot up brown and killed the young
republican leader the uh the girl um then drove and killed this researcher and then proceeded to
drive to a storage container he owned in new hampshire and killed himself in the storage
container which fucking reeks like that is the most ridiculous official story you just rewind
15 seconds and repeat what you just said to make it clear what we're supposed to believe with
that's insane um that does not line up and then on top of that um like this also broke late last
week trump's meme stock company uh that trades under his initials djt djt um is emerging in a
equal parts 50 50 merger with some fusion company um and there'll be the first major public
fusion company and that just i you know i don't i don't pretend that like that means that they're
connected but still like fusion is something that i don't know people talk about in like sci-fi books
and stuff and like rarely comes up and then it just happens to be like the same week that the
head researcher gets killed they decide to basically do a massive pivot on that company
which historically like their biggest holdings have been uh truth social and bitcoin
um yeah that's no like that's not like a small acquisition that is a 50 50 equal parts merger
um to focus on fusion technology in public markets
yeah just reading the tea leaves on x right now president trump acquires holy grail cold fusion
nuclear energy company that is described as a crown jewel confirming our mega prediction from
january that he will become america's first free energy president this is like uh that's what the
uh what were they called again patriots in control where we all go we're one what was that uh
qa i don't know uh qa um try alpha energy it's funny like independently uh my oldest was curious
about nuclear energy, so we went down that rabbit hole together.
Difference between fission and fusion.
Yeah, fusion, obviously, it's one of those things
that's been right around the corner for decades.
But for those who are unaware, fission, nuclear power
is when you split cells and you get a reaction.
Fusion is when you combine them.
Yeah, but the difference is fusion,
if they actually are able to make it happen,
theoretically should be significantly cheaper than fission.
It's much more power dense too.
And historically, among big energy companies,
there's been zero desire to actually have cheaper energy.
But now that AI and Bitcoin exists,
there's actually a direct incentive for cheaper energy.
So if they're going to figure it out, I feel like now they're actually incentivized to do it.
And then there's like a million red flags when the top researcher gets killed in a Jason Bourne movie.
And then the president scoops up the crown jewel of the future.
The same week.
Yeah, it is.
Stay focused for a silver podcast now.
Just make sure you're getting your silver coins.
Stay humble, stack silver.
last but not least on the list our boxing day lists glyphosate
yeah so this was a topic yeah this is a topic that's like is near and dear to my family and
i've been meaning to bring it up in the tail end of our shows and i keep forgetting and then rfk
uh reminded me this week um because he's he's he seems like he's going to war against them which
is fucking awesome um but specifically when we talk about glyphosate we're talking about roundup
we're talking about monsanto's um poison that they spray on crops throughout the world but
very very uh it's very bad in america um and it's crazy to me like all this talk i mean seed oils
are horrible uh vaccine schedule is horrible but this is i i don't understand where the argument
comes from allowing it to happen in the first place or at the very least like at least having
some kind of disclosure um it's really hard if you try and find flour or bread products and stuff it's
really hard to find ones that are glycophate free in america um historically you have to like ship
them from like Austria or random ass countries. Um, and, uh, we actually did find a, we found a
flower producer in Minnesota that is glyphosate free. Um, but this is some like just straight
evil shit and it's horrible for us. And, uh, I'm pretty sure it's what's causing everyone to be
celiac. They think they're sensitive to gluten, but it's really the shit they're spraying on the
wheat um but yeah fuck monsanto and i don't know what i mean you said near near to your heart so
i'm assuming you've observed this in your network but like the amount of people that i know with
celiacs like in my immediate family now is abnormally skyrocketing yeah like my mother-in-law
She's in her seventies and she just developed celiacs in her eighth decade
of life.
I mean,
we're just trying to,
we don't have any celiacs in our immediate family.
My wife bakes.
So she tries,
we try and whatever bread we eat is like bread that she bakes.
But then we went down the rabbit hole of sourcing the flour and,
It's just, to me, this is a tangential rabbit hole along with seed oils and real milk instead
of pasteurized milk and fresh eggs.
But the crazy part about this one is it's just really hard to source.
It's really hard to figure out what has Roundup on it and what doesn't have Roundup on it.
You can get organic stuff, which it doesn't have it on it.
But also like the certification to become organic is insane.
So like you do have farms that are not spraying the shit on their crops, but they're technically not organic because you need to have like farmland that's like lasts for 10 years as organic to get certified.
It's a whole fucking process.
And then I think part of it is calling it glyphosate is also like part of the psyop because it just sounds long and complicated.
Like it's the Monsanto Roundup poison that they're spraying on shit.
the argument for why we need it
is you'll have a crop collapse
because all the bugs will come in
and decimate the crops.
Yeah, presumably
it's a lot cheaper for farmers
in the short term at least.
But I don't know.
This is a big one.
It's a big
non-Bitcoin issue for me.
Yeah, it's essentially just an evolution of DDT
too. I mean, that was
wait if you really want to get out of the rabbit hole and talk about the polio crisis in america
a century ago or however long ago it was when you look at the prevalence of ddt crop dusting
that they aligned pretty pretty well and then when ddt became uh was banned they realized it
was fucking people up and you look at the polio numbers there didn't seem to correlate with the
with the downtrend as well.
And so it seems like Monsanto has found a DDT like chemical,
uh,
that is a bit less intrusive,
but still has terrible effects on your body at the end of the day.
Um,
because from what I understand,
again,
not a medical expert,
but it messes with the,
uh,
the bacteria you've got to the point.
That's why you see celiacs becoming a thing.
because it just completely destroys your gut biome.
It makes you more susceptible to these allergies, if you will.
And then also it finds its way in the water.
So just filter your home water.
Filter your home water.
You want to avoid the glyphosate and the chemical that turns the frogs gay.
which one is that
I forget
I forget what it is
maybe it is glycate too
freaks
I am
the chemical in the water
turning the frogs
yeah
if you reverse osmosis
your water
which is what we do
just remember that
you lose all
all the minerals
so
that's why you go
and buy salt
of the earth
so then you
you remineralize it
use code RHR
Yeah, you can do it for 15% cheaper if you use the code RHR.
I see freaks asking.
I just texted my wife asking what the brand of flower we found in Minnesota was.
So hopefully she'll get back to me before the end of this episode.
Wow.
Look at you not gatekeeping your clean flower.
I love this.
Some people out there would say, no, I'm not telling you.
We need to make sure.
We got to get them to give us code RHR.
Is it fluoride that turns the...
It's atrazine.
Yep, atrazine.
It's turning the frogs again.
The flower producer is called Sunrise Flower Mill.
Better stock up.
They're based out of Minnesota.
Hey, we've been known to run the suppliers dry.
that we,
they also use heritage grains.
My lady did her research.
Use code RHR for no discount.
Stonehands is saying just order your flour from France where all the shit is
illegal.
That's the other crazy part.
Like a lot of this stuff is like the one thing that Europeans got going for
them.
I was,
I was just,
too.
Are we going to save Europe?
Europe seems to be in a bad spot right now,
dude.
my wife says it doesn't have any of this new gmo shit so proud of her
i um i reached out to one of our friends when we were going down this hole and i was like yeah
you know like austria band ground up so like austrian flower is good he's like yeah well
we ban a lot of shit and so that's one of the few things that's a good band it's like okay
I want to read the
Venezuelan German thing after this
you should go look up particularly the reaction
from European
officials after the US
announced that we were sanctioning people
for trying to
censor
American companies there's a full
propaganda onslaught
saying that we're infringing on
the sovereignty of European
nations who have their hate speech
laws. They must be respected.
Do you see this comment
in
Primal
from Stonehenge? Why
does Sauté use natural flavor?
Not good? What does that
mean?
Natural flavor? I've talked to Sean about
this. My wife, that was his one question.
I think she had the skepticism
that you're showing Stonehenge.
It's basically a
stevia, I believe
they use for flavors of sugar.
And then natural coloring
like carrot and beets
is what they use for carrot
coloring.
Stonans, you can
write a note and tag
salt of the earth, salt of the
duster. They're there.
Active.
Puts the pressure on them.
Two questions.
It looks like Laurel in the comments found it.
Yeah, it's sunriseflourmill.com where we get our flour.
You know, I mean, of course you can import from out of country,
but I'd rather buy American.
They really fucked up our food in this country, man.
It should be way more of a controversy.
The great betrayal of American citizens is our food supply.
We're the breadbasket of the world.
Should have the best food in the world.
We'll get back to it.
We can always return.
You see this guy?
No scientific evidence Roundup is bad for you.
Stick to the Bitcoin expertise.
We found the Roundup Defender.
They exist.
We found Big Roundup in the live chat.
Maybe he's a farmer.
I give him a gun for the doubt.
no scientific evidence
what do you guys think chat
are we uh
are we spreading conspiracy theories here
what
yeah yeah chat
we gotta start out like if we actually want to blow up
we gotta start asking we gotta say hey chat
what do you think
I think it's pretty simple.
Food was food and it worked well for more.
Just because a company with perverse economic incentives
created some chemical that kills bugs on site,
you're literally spraying chemicals on food.
Do you want this?
Yeah, I mean, I think the burden of proof
should be on the opposite side.
We shouldn't have to wait 30 years
to prove chemicals are bad for you.
As Marty said, we should assume the chemicals
that are designed to kill things, kill things,
unless proven otherwise.
Yeah.
Yon80 in the chat is making a lot of sense here.
Mono cropping is the issue.
It is like the big issue.
I think it's monocropping.
Yeah, that's another one.
Yep.
I forget.
It was on Prime many years ago.
We bought it I figure it out Try to remember to post it But there was a documentary on this family This guy was in private equity quit his job and then started a family farm in California
that was completely decimated by monocropping,
slowly but surely.
Over the course of five years,
they diversified the soil and the crops of the land.
They introduced ducks, snails, all this stuff.
and
have a thriving farm in California
that has no bug issues. It's all about
the biodiversity.
We need to get back to that. Shout out to
Joel Salatin
and others that are really pushing
this regenerative farming thing. That's the other thing too.
Not only is it good for the food
and for that farm specifically,
but I'm a big believer in greening
the earth with thriving cattle.
Regenerative farming to
turn dust land into
green pastures.
We can do it.
It just takes a little. We probably have to get all these
regulations out of the way.
And part of doing that is going to
make it so
companies like Monsanto can't create these
regulatory modes
and fund
misinformation
purveyors to go into YouTube live
chats to defend
big Monsanto.
I mean I kind of love the diversity
of the freaks
at least we got one
I think it's a positive
but still fuck Monsanto
that's a great question here
why does Monsanto make aluminum resistant seeds
I got a theory
they're spraying aluminum
yeah support your
support local farmers
that do it the right way.
I feel like that's the easiest win.
That's what we've got to farm around the corner
that does a summer camp.
My niece did last year,
and our oldest will do this year.
I actually jacked for him to go to farm camp.
That's cool.
Yeah.
I like that.
That's a good idea.
Yeah, Hawk.
We have a friend that sends their oldest
to farm school um which if we don't homeschool i think is a pretty cool option but we're some years
away would you would you want your uh your children to raise the the fattest pig or
the uh the strongest goat be able to do us like that's what you're doing here at a farm school
right you pick an animal and you i don't know i don't know how it works specifically but we went
to one of their open houses uh and the core of it is that there's just like animals just like
free roaming around the children um goats and horses and cows and chickens and shit
yeah my niece came home from farm camp last last year and a hawk had gotten to the the chicken coop
and she had to learn the hard lesson
up close and personal in the circle of life.
It's the reality.
Yeah.
All right, what else we got?
Is Bitcoin okay?
Are we ever going to talk about Bitcoin?
Bitcoin's doing great.
I think this moment is why we Bitcoin.
just complete chaos in global markets. Bitcoin is the ultimate safe haven. I think
2026 is lining up to be a huge, massive year for Bitcoin or the opposite. I don't know.
I'm hedging myself. I don't know. I feel like Bitcoin is going to crush it in 2026.
and the world's going to start to wake up to bitcoin as the true safe haven
freedom money for the world
i'm calling a super bear cycle we're going to like 45k
we're getting cheap thank you we can't both be bullish
otherwise we're fucked what happened to super cycle bro
what i need a super cycle it is it's just going the other way
this is a super down cycle yeah
i would just say like you know i like gold jewelry gold is uh lindy it's been around for a while
but like silver ripping against bitcoin is like the biggest fucking kick in the nuts
it's such it's the that one that one hurts way more um
so we'll see how that goes but i think that's part of the reason i think
that's part of the reason for the negative sentiment we see right now, even though Bitcoin's
at 88k. But the other piece that it's constantly worth mentioning is we're 35% from all-time highs,
something like that. It was only like 80 days ago that we were at the all-time high.
Wow. So sentiment shouldn't be that bad right now. But you have to remember that
a lot of people aped into the leveraged Bitcoin stocks,
and those are down like 95%.
And so that's obviously taken a massive toll on sentiment
for anyone who did that.
I think the silver market's liking that we transition
to a silver show.
Silver at a new all-time high, $77.41.
Yeah, you see this guy, Count Trumpula,
in the YouTube comments.
saying silver is indicating a massive issue.
The economy has months at best.
It's like that's where I keep flip-flopping between the two.
It's like silver, gold, rip first, then Bitcoin.
And then US government prints, you know,
like we print a shit ton of fucking money going into midterms
and Bitcoin just rips people's faces off.
We just have an insane bull run.
or we're living in a global depression.
This is like the fucking last pumps of a dying economy
and Bitcoin has a hard ride for the next few years.
But either way, I'm just going to remain all in
and stay on Blinstaqsats.
I just don't know what other option I have.
It seems like the best path forward.
I don't know if we're just
maybe the silver squeeze
the gold squeeze is a play
that's what's happening
we're going to a new paradigm
where we break out of the atmosphere
where it was the
the bounds of space
a new paradigm forever
but if you just look at the chart
I've got it up on trading view right now
silver particularly
it's just like
it looks like
a 2017
bitcoin chart
we all know
it looks like a meme coin
that's what I was saying
um it's a pretty crazy chart silver specifically even gold is a crazy chart because you when you
realize how much value that is in a nominal sense it's insane but silver just as from a pure chart
view is just straight up fucking crazy like purely parabolic um and then the other thing that's crazy
is our largest investment at 1031 is Strike. And I'm heavily involved in the day-to-day over there.
The numbers at Strike are incredibly bullish. It's crazy volume numbers.
If you looked at that alone, you'd be like, Bitcoin adoption is in full swing.
And it's pretty crazy. You don't see that in mempools. You don't see that in the price chart.
um and so weird it's a weird contradiction maybe it's just maybe it's a leading indicator maybe
gold and silver pumping is a leading indicator i like that theory too that
gold gold pumps first then bitcoin um but and it's like i mean we've been around the block
so what bitcoin does it lulls you to a state of complacency gets you all pissed off gets you
thinking about your life's decisions where it went wrong and then it surprises you what's your
yeah it's waiting for you the person listening right now fomoing into gold rotating your entire
your entire stack into silver or whatever um once you do that it'll reverse that's when we start
ripping so good to do your part we're a silver podcast now yeah that's i see a lot of hopeful
ardent bitcoin holders in the live shot you need to do your parts to
help turn this more i'm kidding kidding but uh stay sane out there it's a thick
crazy times yeah a lot to be optimistic about though Do you have any predictions for 2026 This is kind of our New Year episode too right
This is our New Year's?
Yeah.
It'll be 2026.
The next time it's our last 2026 predictions.
Wow.
Put me on the spot there.
Bitcoin related.
I think
Bitcoin related
I'm so bad at this
You see Helen in Primal Chat
2026 is the great reset
it's great reset uh 2026 prediction bitcoin it was it will continue to produce blocks and enable
peer-to-peer distributed cash transactions that's a shitty prediction it will you're right
i have a better question for you marty do we do we hit a new all-time high priced in dollars
so do we pass 126k
in 2026
you answer then I'll answer
yes I think so
I think so too
do you think we pass a new all time high priced
in gold
in 2026
what do we need to get to
where is your chart
I have no idea
what was the ratio like 23
just pull up trading view right now
bitcoin
to gold.
I think, well,
Bitcoin gold
all-time high
is
40 ounces.
Like 30-something ounces per coins?
40 ounces, 40.2 ounces per coins.
And what are we at right now?
we are at 21.9 or excuse me 19.3 gold terms over yes yes or no do we hit an all-time high of
greater than 40 ounces in gold for for bitcoin so i'll say
2026 2026 maybe not 2026 that's the thing i've gone back and forth in my mind like every like
Just going back to 2008 Marty, 2013 Marty, 2017 Marty, now I'm in my mid-30s.
I've been here before where it's like it's happening.
The global financial system is unraveling.
Get on the note now.
The squeeze is here.
Bitcoin's ripping.
Like it just could be wrong.
Maybe it is happening.
There is going to be a point when it happens.
Maybe it's right now.
Is this a long no?
the pattern recognition in me is like gold and silver everybody's like get on board
they're they're going back to gold standard uh silver currency system like it's happening
we're sending shipping containers full of nickels to to panama to prepare for the great reset
and uh it's typically at these moments when uh the bubble gets deflated and so i would say there's a
possibility if the price of gold comes down let's say like 3 000 we have a 50 drop in gold
next year bitcoin rips and yeah maybe we get above so yes or no marty so 40 times 3 000
40 ounces per bitcoin do we pass 40 ounces per bitcoin 40 ounces of gold per bitcoin in 2026
no no okay i'm gonna go with yes and then what's the silver bitcoin all-time high
bitcoin price and silver do you think we passed that in 2026
are we already past that
All-time high was
3,548.
We're currently at 1,126.
What else is a silver per Bitcoin?
High was in January of this year.
It's crazy to think.
we're down uh relatively recent okay so do we take it do we overtake it again
do we overtake it again all-time high in silver price and silver this year 2026
well our new uh silver you had yes you had yes for fiat i had yes for fiat you had no for gold
i had yes for gold what about now no this is a 2027 2028 yeah absolutely yes yes yes for
Bitcoin priced in silver all time high this year.
Okay.
Wow.
Marty's bearish, man.
Bearish going into 2026.
Bearish, maybe sober analysis.
Just looking at it.
Sober analysis.
Earlier this year, you were just yelling super cycling God candle at all of us.
Our silver listeners are not happy right now.
Silver is outperforming almost everything.
Garbage.
Laugh my ass off.
I don't think that's a silver listening.
oh is he upset that we called it garbage
yeah
silver is garbage
I'm sorry that that hurts your feelings
your feelings are really going to be hurting out
because Roycer just zapped us 21,000 sats
silver can squeeze these nuts
yeah you can't do that with silver
then there's another 21,000 sats
right above that
stack sats star states
Bitcoin is the most accessible way
accessible way to start the state.
It's your best protest.
Thank you, Freaks, for supporting the show.
Okay, last price-related prediction,
since, I don't know, price is an easy metric
to base predictions on.
Do we go under 80K in 2026?
No.
Which is the low we hit?
recently.
No, I don't think so.
Interesting.
I think we're at peak.
Actually, who knows?
I'm going to go with yes, we go under 80K in 2026.
But then after that, we breach all-time highs in gold, silver, and dollars.
I think just not enough pain.
I don't know. There's a lot of pain out there. People are very, very dejected right now.
I think the knife needs to be twisted a little bit.
They think they're in pain. They don't feel real.
They need to, that guy, like Paul, listening to the show right now,
needs to rotate his stock from Bitcoin into gold before he turn around.
And like, that's going to take a little dumpage.
you shared an article this morning
where some guy rotated into like world coin
and stacks because
yeah but who's that that's just some schmuck
that's just some random person
yeah I mean he also rotated into ETFs
it's a weird time it's a very weird
I think now more than ever
it's important to hold self custody of bitcoin
so don't rotate into ETFs either
you're just rugging yourself
if you already know how to self-custode Bitcoin
don't do that
I think next year is going to be like
barn burner for the economy
I think everybody's like oh we're going
like I think
I think things are going to be good
just anecdotally
have you seen gas prices?
I got under $3 a gallon here
in the Philly area
which is like the first time I've seen that in quite a while
I don't know the eggs
like the grocery bills
haven't been as bad
as they were
a year or two ago
as bad
not that they're great
but
I think vibe coding is
who cares about gas prices
I don't know
do you have a car
do you drive
do you have to get to work
do you see his comment
above that too
I literally sold her
with silver every day
it's garbage
but we can make predictions we can try to do it i think getting back to basics one of the best
pieces of devices that we give stay humble stack sats thank you matt odell for coming up with that
term very punchy but it just like focus on what you can control make sure you making money You spending less than you make in your stackings That like who cares
And learn real skills
and move out of cities
and
raise strong
families.
I've been saying this since
before you chose to, and
when you were considering it, I even
preemptively re-mentioned it.
So no, it's not a dick. You had your reasons, but maybe it's confirming my biases, but everything I see is mandibles than Bitcoin standard.
It's such a weird situation, right? Because intuitively, you think if the economy is bad, asset prices go down, but not in a hyperinflationary environment.
not as in as inflation rips we crash up um so it's a weird thing to navigate because it's not
you know oh i'll just i'll sell for dollars and keep it in my bank account and then i have you
know um money to spend on things you can't do that if you do that you get absolutely wrecked
um so i think most people are not prepared for it it does even if you're paying attention it's
hard to be prepared for it because it's counterintuitive in that way and then second of
when you're in dense population centers as that's happening i think it's going to be quite chaotic
and we're going to see you know a lot of the social fabric that we've taken for granted to
kind of get ripped apart and we've seen the early days of that in a lot of ways
it's kind of just festering under the surfaces so if you can afford to consider moving out of large
cities uh in 2026 yeah i think i think we're gonna have a good year i think paris are going
turn out to be incredible i think having used it like i think ai is going to be an unlock not like
a productivity miracle or whatever i think we're building in america again i mean you're you're
talking about minnesota flower farms that we're buying our our glyphosate free grain from it's
happening we're gonna work hey positive vibes we're gonna win we're gonna get through this
Bitcoin's going to have a massive year.
Infrastructure is going to improve dramatically as well.
Have you seen our boy Rob Hamilton?
He's not in the chat today.
I wonder where he is.
But he's vibe coding some Bitcoin wallet apps.
There's an unlock there.
Our boy Matt made the SATS card mobile wallet.
I doubt he didn't use some vibe coding help there.
building hard infrastructure giga just opened up a houston
factory looking transformers hey we need a lot more energy
1031s back in the companies building the uh the critical infrastructure
you can build a generation facility but can you actually transform
electricity and send it to places in a manageable way you need transformers you don't think they're
You don't think they're going to print like crazy this year?
Into the midterms?
Probably.
For me, Thomas.
Do you think grocery prices go up or down in 2026?
Flat.
Have you seen the egg price?
Egg prices are down like 80% year on year right now.
Dude, the grocery prices are insane.
They're still insane.
Maybe they've flattened a bit.
They've definitely not gone down.
We definitely have some newbies in the chat.
Macro, Miseria.
Hey, Matt A. Miller, what is a Citadel?
What is it?
You'll learn in 2026.
Yeah, I don't know.
Obviously, I also saw a hater in the primal chat commenting on our predictions from last year.
Yeah, I mean, I got a lot wrong from last year.
Hand up on that one.
But, I mean, if you had asked me this episode last year if we would be basically flattish-downish,
year over year.
I mean, I bet the house on it not being that.
I did not expect that to be the case.
I don't think any of us did.
I mean, this time last year,
the influencers were all dressing up
and getting ready to go to their 100K party
at Sailor's.
So I had that going for me.
Didn't go to that.
That was part of the original jinx.
That's why Silver's right now.
I mean...
Because the 100K party.
I forgot about that.
I did not go to that either.
Stack Toshi says he wasn't talking shit.
Just don't bet the farm on that sequence.
Yeah, don't bet the farm on our predictions, please.
Just stay humble and stack stats.
Yeah, we opened up these predictions.
We don't know.
We have no idea what's going to happen.
I know the sun's going to rise.
there'll be some funny stuff going on the internet there'll be some stuff that
triggers people bitcoin will keep producing blocks whether or not more individuals wake
up to the fact that they should be holding bitcoin has yet to be determined and i'm a believer
in the idea that as bitcoin continues to survive uh shit there we go and uh more people learn about
it. You can get
introduced
to it and begin using it.
They say, hey, this is better. I'm going to
pour more of my money into this.
It's just a process. We're going through that process.
I'm not going anywhere.
Especially now that we're a silver podcast
and silver is at a new all-time high.
How long until
the first silver treasury company
gets launched?
Do you think similar scientific is going to pivot to a silver treasury strategy?
I mean, these Bitcoin treasury companies need to figure out ways to diversify, you know, breathe some life into the socks.
Would not be shocked.
Terrible.
We'd be calling a silver treasury company.
First they top-tick Bitcoin and then they pivot and top-tick silver.
maybe that's the bottom signal we need
I've had some reach
do you think the quantum narrative
becomes a bigger problem in 2026?
nope
I think that's just
people just point to things
when price is down
and I think
if
not saying it's going to happen
uh i actually don't expect it to happen but um i'd be well suited if it does happen but if bitcoin
in the next week like rips rips up 10k it's like everyone forgets about quantum yeah
if you're worried all the negative narratives or whatever it's like
all time high next week it's gonna happen it's just like immediately just everything goes out
the window yeah and that's not like a big move for bitcoin like 10 move for bitcoin 10 move for
Bitcoin and everyone all of a sudden is
bullish again and
puts it in the back burner.
At these levels,
that's like a 12% move.
Some momentum. Well, even at 8K,
if we were trading,
if we woke up on Monday
and Bitcoin was at 95K, no one
would be talking about quantum.
If you are worried about quantum, though, I sat
down with Jonas Nick and
Mikhail Kudinov.
from blockstream talk about hash-based signatures in a post-quantum world
uh similar 2026 similar scientific switches their name to silver scientific
market they start pushing colonial silver uh make sure make sure you're drinking it for your health
too
alright
is it time to
time to go
celebrate Boxing Day
let's go
Merry Christmas
Freaks
Stamble Stack
Sets
Happy Boxing Day
Merry Christmas
see you in
2026
peace and love