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Let's see, what are we at right now?

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All right, 124, what is this?

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124.91.

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What's the all-time high?

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It's like 124, let's see, 124.128.

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Does that sound right, guys?

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I'm honestly not sure.

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that's what I'm being told is correct

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we shall see

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we shall see

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this is weird to be on here with just me

12
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to be honest with you

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I'm not, I'm honestly just not used to this

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it's not my usual vibe

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but I don't know

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wife's asleep

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son's asleep

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figured, you know what

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let's just go ahead and do it

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let's just hop on the live stream

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I've had a couple of Miller Lights

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I'll have a couple more

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So cheers to you guys if you're out here on a Saturday night like me as a, you know, well, you don't have to be a father to be having Miller Lights on a Saturday night, but I sure am.

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So, all right.

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Are we going to pass the all-time high tonight?

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Does any of this actually matter?

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The obvious answer to that is no, it does not.

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It does not matter at all.

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We are measuring this in fiat cuck bucks, but God, it sure just is fun to measure in fiat cuck bucks.

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but we had 124,000 050 fiat cock bucks per Bitcoin.

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That's fun.

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That's a lot of cock bucks, right?

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It's wild.

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I posted this, posted a video maybe yesterday or today

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about a prior, an older song Carla had done.

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Let me see if I can pull this up right now.

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Basically, it was, so it was like The Chain by Fleetwood Mac,

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But she published this when, oh no, sorry, wait, she published the chain. Hold on, wait, which one did I publish? She just reposted the chain by Fleetwood Mac. She did. Hello, 19, my old friend. So she put this song out when Bitcoin was at literally $19,000.

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and it's wild because like carl and i had both bought up to the absolute tippity top of that

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like sick i think it was like i believe the top was like at 69k like i'm pretty sure i bought like

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the the most tippity top that you could possibly buy of that bull run right before everything came

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crashing down to all the way down to like 16k and then if you guys remember for anyone that was there

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bitcoin was just hovering around 19k like it kept going back 19k was a magnet at that time it was

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like it wasn't the 58k it was 19k for a super long period of time 19k just kept pulling us back to it

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over and over again and so like carla just one day starts like singing like you know like

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uh like hello 19 my old friend and then she made a whole song out of it it's fantastic but it's

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just wild that that was over a hundred thousand fiat cock bucks per bitcoin difference than what

48
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we have in the fiat cock buck per bitcoin price today like that's just insane because carla and i

49
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haven't been in Bitcoin very long in the relative scheme of things.

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Like we've both ignored Bitcoin for more years than we've been in Bitcoin,

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which is just kind of like a wild thing to think about. Like I ignore,

52
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I think I first heard about Bitcoin in 2014 during the Silk Road days and

53
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obviously like ignored it at that time.

54
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And then it literally took until 2020 for me to finally pay attention to

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Bitcoin after being a complete retard and buying a little bit of Litecoin in

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2017.

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Cause I literally didn't realize you could buy a fraction of a Bitcoin.

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Like I thought I was like,

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I don't have cash to buy a full Bitcoin.

60
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What the hell was by one of these Litecoin things.

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Maybe this Litecoin will get up to what Bitcoin is someday.

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Obviously not.

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I think I,

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I sold it a few years later,

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like still like at a loss for what it was like,

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what a just embarrassment.

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But that's why I'll never,

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I always try to lead with empathy with people because I was literally that

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person who didn't realize that you could buy a fraction of a Bitcoin. So I'm never going to judge

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somebody for thinking that you can only buy a full Bitcoin. Like I feel you, man. I was there.

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I was that retard too. We were all that retard at some point, but yeah, it's wild to think about

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the fact that Carl and I have literally been ignoring Bitcoin longer than we've been in

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Bitcoin. I'm looking forward to that flipping at some, I mean, I guess that's still like over a

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year away before that flips. But until then, yeah, it's a good reminder that like, man,

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you do need to stay humble, right? It's important to remember that we all start from a point of zero

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knowledge. Like Satoshi is the only person who started from a point of greater than zero

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knowledge. All the rest of us start from a point of zero knowledge. And some of us catch on quicker

78
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than others. It took me a really, really, really long, embarrassingly long time to catch on,

79
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but I finally did. Then eventually I started a Bitcoin podcast. Now here I am rambling to you

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on a Saturday night while my smoking hot wife and son sleep peacefully in the, in the floor below me.

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And you too someday can have a smoking hot wife and a son sleeping peacefully below you as you

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ramble on a Saturday night about Bitcoin as Bitcoin's about to break an all time high.

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so here we are we're at 120 i i honestly i fucking hate talking about price i just hate talking about

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price i think if price is the most boring aspect of bitcoin but it's also not right like price is

85
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also fun seeing that number go up in fiat cuck bucks is fun and if you try to pretend like it's

86
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not you're just a liar so i'm not trying to sit here being a liar it is fun to watch that price go

87
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up. But it's important to remember that that's just a made up imaginary number. Like Bitcoin hits

88
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omega candles regularly in Turkish lira because the Turkish lira is just a giant shit coin.

89
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The US dollar is a shit coin as well. It's just less of a shit coin than the lira. It's like the

90
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US dollar. I have to think about it like this. The US dollar is like the skinniest kid at fat camp.

91
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Like the US dollar is still a fat fuck. Like it is still an obese piece of shit. Not that everybody

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who's obese is a piece of shit. Don't come after me with your pitchforks, but you know what I mean?

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Like I used to be a bit chubby as a kid and I got over that shit, right? Like you don't want to be

94
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chubby, work your way out of it. Go sweat, go work out. Okay. Moral of the story. Ghost Dollar

95
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is the skinniest kid at fat camp. Like all the other kids are really fucking fat. Like the Turkish

96
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is a fat, fatty fuck. And man, it's insane. Like I admire the Turkish people so much. I admire people

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who, and this is like most of the world besides Western nations, I admire people so deeply who

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are actually able to live through just brutal, brutal, brutal inflation, hyperinflation.

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And they still just keep going on with their lives. They still somehow keep producing value.

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They keep running businesses like to run a business when your currency is hyperinflating

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or just going through strong inflation but not hyperinflating.

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It's insane.

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You have to make adjustments literally constantly.

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If you're running a business in Turkey,

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you need to make adjustments literally constantly

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just to deal with the rate of inflation.

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That is insane.

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Every couple of months, you need to be making adjustments.

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If you're paying people, you need to make adjustments to their salaries.

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You need to make adjustments for your own expenses from your suppliers.

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If you're buying anything from anyone, which if you're running a business, of course you obviously are.

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You need to be making adjustments constantly because the money is so unsound.

113
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The money is so incredibly broken that you cannot possibly, you cannot even imagine that it retains its value.

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how are like the fact that people still run businesses in hyperinflationary environments

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is a testament to the human spirit it is a testament to the fact that no matter how bad

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central banks and governments rat fuck us as citizens the capitalists still win we try to

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anyway like it's really hard like imagine a world in which the central banks and the governments

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are rat fucking us to death what a world that would be right oh man i don't know moral of the

119
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I have just such incredible respect for people that run businesses in hyperinflationary environments.

120
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Like, it, goddamn, it is not easy.

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It is really not easy.

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Okay, guys.

123
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Let's see.

124
00:08:53,060 --> 00:08:53,500
What are we at?

125
00:08:53,820 --> 00:08:56,560
1, 2, 4, 0, 8, 8.

126
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I've got this real fancy trading chart here, right?

127
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That makes me seem like one of those cool traders, one of those short sellers or something.

128
00:09:12,240 --> 00:09:13,100
What's the name of that guy?

129
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It's not his fault, but he's got a very thinning hairline, and he's constantly trying to short Bitcoin.

130
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And he's somehow just like, he's like the Jim Cramer of Bitcoin shorts.

131
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I don't know.

132
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It's just incredible.

133
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All right, let's see.

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Let's see.

135
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let's see what else we got going on here all right and for anyone wondering this uh

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oh hello to everybody on noster monitoring the situation woohoo aloha is hello fancy bitcoin

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podcaster ug what's up beef toshi how you doing you know i appreciate the folks on noster so much

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because i know that if somebody is watching this show on noster right now

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you are a seriously motivated individual like you are an individual who is genuinely like you're

140
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you're you're getting more than your 40 hours per week of bitcoin in podcasts like you're probably

141
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getting let's be honest you're probably getting more like 60 hours per week like you are an animal

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of bitcoin podcast consumption and i i just respect that i respect the hell out of that

143
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nine nine it's so boring but also so fascinating to watch the bitcoin price

144
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it's one of those things where it's like i don't know it's it's quite tedious to just watch it but

145
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somehow it's also like the most fascinating number that you could possibly imagine like it's it's

146
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literally showing you in real time how the fiat world is being demonetized like the repricing of

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the fiat world is happening in real time before your eyes. And so on the one hand, I'm like,

148
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God, I'm bored by the fiat price of Bitcoin. But on the other hand, I'm like, boy, I am fascinated

149
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by the fiat price of Bitcoin. What a trip. What an absolute trip. Let's see more of it. You guys,

150
00:11:10,040 --> 00:11:15,740
it's weird for me to be on the stream by myself, by the way. I'm not used to that. I'm used to

151
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asking someone questions, being able to riff off of somebody.

152
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I hit up Tatum Turnip, or as he's saved in my phone, Twatum Turnip.

153
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I hit him up earlier.

154
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He's apparently out living his Gen Z life right now.

155
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If he sees this later, Tatum, just know that I gave you a chance and you spurned me.

156
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You absolutely just wrecked me, son.

157
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But that's okay, I'll forgive you.

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so now it's just me and the question is guys i mean ultimately like what do i talk about honestly

159
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i have so much respect for the the streamers who literally just go out there by themselves

160
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every damn day and stream into the void like it's wild because you just most of the time you don't

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know if somebody's listening another thing i don't understand is the uh there's like this whole genre

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of shows that i've randomly seen i've literally only seen them because i've started i posted my

163
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shows on rumble. I think it's great. Well, rumble is doing. I think it's great. The rumble is

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integrating Bitcoin. Um, like Chris Pavlosky, their CEO seems like a pretty cool guy, uh,

165
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from my like basic read of him. I don't know him at all. It seems like their mission is pretty

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good. It's cool that they're running their entire own server stack. That's fantastic.

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I love to see that, but I happen to notice this, like this genre that is always promoted on their,

168
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the like the rumble homepage, which is like a couple of dudes and like a few women in this,

169
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like in a circular type room. And I don't know exactly what is the premise of these shows,

170
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but there seems to be a lot of them. And it just seems to be basically asking like really dumb

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women, really dumb questions. And that's fine. Like that's fine. It just like, that's fine in

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the sense that reality TV is fine, right? But on the other hand, it's like, these are the things

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that actually get views. The things that legitimately get an absurd amount of views in our

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culture are just retarded. Like the things that get views are absolute garbage. The things that

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get views are not, I mean, okay, BTC Sessions gets a ton of views, but like not relatively,

176
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right? Like not relatively to some of this absolute trash. Like there is so much incredible,

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like there's education out there right now, more than you can possibly imagine about the future of

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money. There's education out there right now about a monetary, a monetary standard that is going to

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completely supplant everything that we know in the fiat world. There's education out there right now

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in various forms, whether that be long form podcasts like my own,

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which probably are very long, short form videos,

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mid form educational formats like sessions.

183
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There's so much great general educational content out there about Bitcoin right now,

184
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which is such an important topic.

185
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And yet the majority of people still just don't give a flying fuck.

186
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Like they just don't care.

187
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And I guess that's fine.

188
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I suppose that it's natural that most people won't care about something that's changing the world.

189
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I guess most people probably didn't care about electricity.

190
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Most people probably didn't care about the printing press.

191
00:14:50,100 --> 00:14:52,000
Most people don't care about Bitcoin.

192
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But man, it's wild to see what people spend their time on.

193
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It's sad to see what people spend their time on.

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And when you could, you know, you could be spending your time here with me on a Saturday night watching a Bitcoin chart as I watched the same Bitcoin chart.

195
00:15:08,980 --> 00:15:13,280
And we just did hit one, two, three, oh wait, one, two, four, three, two, three.

196
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What?

197
00:15:13,880 --> 00:15:16,860
I honestly don't know what was the prior all-time high.

198
00:15:17,640 --> 00:15:21,720
Such a bad Bitcoin, or I don't even know the prior all-time high fiat complex.

199
00:15:22,000 --> 00:15:23,180
One, two, four, one, two, eight.

200
00:15:23,200 --> 00:15:24,360
Did we just hit a new all-time high?

201
00:15:24,920 --> 00:15:28,700
Was this just, could somebody, I don't even have a live chat for this.

202
00:15:28,700 --> 00:15:30,180
This isn't even on YouTube right now.

203
00:15:30,180 --> 00:15:34,060
So I just don't even know. Can somebody confirm? I'm pretty sure we just hit a new all-time high.

204
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Can somebody please confirm that for me? Anyone? Bueller? Bueller? Yes. Did we?

205
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Let's ask on Noster. It feels like this was a new all-time high.

206
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I don't know. My previous all-time high was the one that ChatGPT told me it was,

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which they say was 124.128 reached on August 14th, 2025.

208
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If you mean highest closing price on a different exchange, I can check that too.

209
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No, I obviously don't mean that.

210
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I just mean all-time high, chat TVT, you dumb fuck.

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Sorry.

212
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So you guys, I think we just hit a new all-time high.

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I don't know.

214
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I'm not a very good live streamer.

215
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What do I do at this point?

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Do I press a cool button?

217
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Do I press the sad trombone?

218
00:16:20,520 --> 00:16:21,940
Is that the correct button to press here?

219
00:16:22,000 --> 00:16:22,920
It feels like it's not.

220
00:16:23,440 --> 00:16:28,120
Do I press the air horn?

221
00:16:28,540 --> 00:16:34,840
maybe the air horn. We'll see. We'll see. I think this is a new, we're going to call this a new

222
00:16:34,840 --> 00:16:40,320
all-time high. Hey, and look at that guys. Bitcoin has just hit a new all-time high.

223
00:16:40,320 --> 00:16:44,800
Now up next, we'll have a panel full of experts who will tell you exactly why that new all-time

224
00:16:44,800 --> 00:16:48,820
high is super important. I actually do think all-time highs are obviously very important

225
00:16:48,820 --> 00:16:58,100
for a singular reason. And that reason is that they attract more people. Like NGU number go up

226
00:16:58,100 --> 00:17:00,440
is the best meme that Bitcoin has.

227
00:17:00,440 --> 00:17:03,780
The sad reality is that most people,

228
00:17:03,860 --> 00:17:05,160
like most people don't care about Bitcoin.

229
00:17:05,740 --> 00:17:07,300
Even the people that do care about Bitcoin,

230
00:17:07,540 --> 00:17:10,880
most people don't care about the ability to transact

231
00:17:10,880 --> 00:17:12,640
in a censorship resistant way.

232
00:17:13,020 --> 00:17:13,740
It's like with Noster.

233
00:17:14,140 --> 00:17:16,600
Most people don't actually give a fuck

234
00:17:16,600 --> 00:17:18,880
about censorship resistant communication.

235
00:17:19,000 --> 00:17:20,320
They just don't care.

236
00:17:20,780 --> 00:17:21,820
They just don't care.

237
00:17:22,500 --> 00:17:23,000
And that's okay.

238
00:17:23,120 --> 00:17:24,040
They're never going to care.

239
00:17:24,180 --> 00:17:25,740
They're like, it's just not going to happen.

240
00:17:26,460 --> 00:17:27,260
That's fine.

241
00:17:27,260 --> 00:17:33,080
But with Bitcoin, most people just don't care that it's unfuckable sound money.

242
00:17:33,400 --> 00:17:42,160
They don't care that it is a censorship-resistant, pseudonymous network.

243
00:17:42,500 --> 00:17:43,780
They don't care.

244
00:17:44,300 --> 00:17:48,100
What they care about is, is it going to pump their bags?

245
00:17:48,840 --> 00:17:49,920
That's what they care about.

246
00:17:49,960 --> 00:17:50,960
That's why people shitcoin.

247
00:17:51,400 --> 00:17:52,740
That's literally why people shitcoin.

248
00:17:52,800 --> 00:17:55,020
People shitcoin because they want their bags pumped.

249
00:17:55,020 --> 00:17:58,720
and they think their bags will be pumped at a faster rate than if they just buy Bitcoin.

250
00:17:59,020 --> 00:18:02,160
Because Bitcoin is slow and boring, you know, in terms of the price.

251
00:18:02,460 --> 00:18:04,120
Like we may have just ripped a new all-time high.

252
00:18:04,200 --> 00:18:04,840
Still not sure.

253
00:18:05,700 --> 00:18:08,020
Maybe somebody in the coin.

254
00:18:08,180 --> 00:18:08,400
Oh, wait.

255
00:18:08,800 --> 00:18:09,200
Okay.

256
00:18:09,880 --> 00:18:15,320
For some reason, this person's NPUB is not rendering as a username,

257
00:18:15,320 --> 00:18:20,380
but NPUB1NSGGPH6.

258
00:18:20,380 --> 00:18:27,760
coinbase has one two four five three three dot zero zero we've hit one okay one two four four

259
00:18:27,760 --> 00:18:32,200
hundred so far okay so apparently we have not hit a new all-time high in terms of coinbase and as we

260
00:18:32,200 --> 00:18:39,740
all know coinbase is basically the the bible when it comes to bitcoin um but i'll i'll take that um

261
00:18:39,740 --> 00:18:48,800
okay my point being ng you actually matters a lot like i don't like to talk about if you watch my

262
00:18:48,800 --> 00:18:57,360
my podcast, the Bitcoin podcast, AKA Bitcoin podcast, you know that I don't talk about price

263
00:18:57,360 --> 00:19:02,260
that much. And there's a reason I don't talk about price. It's because I find it to not be that

264
00:19:02,260 --> 00:19:06,820
interesting. Like making price predictions, doing all those things. Like I know that,

265
00:19:06,820 --> 00:19:12,340
I know that Bitcoin is going to go up into the right. Okay. There we go. We've said all we need

266
00:19:12,340 --> 00:19:17,640
to about price, but that's because I, you know, I predominantly make my show for, for Bitcoiners.

267
00:19:17,640 --> 00:19:20,400
I have some episodes that are made for people that are not yet Bitcoiners yet.

268
00:19:20,480 --> 00:19:20,700
Sure.

269
00:19:21,500 --> 00:19:24,620
But I make my show for Bitcoiners and most Bitcoiners.

270
00:19:24,740 --> 00:19:25,100
I mean,

271
00:19:26,040 --> 00:19:26,320
well,

272
00:19:26,420 --> 00:19:28,460
let's say we want to pretend that we don't care about price.

273
00:19:28,460 --> 00:19:28,700
Right.

274
00:19:29,640 --> 00:19:31,660
But the reality is that when it comes to adoption,

275
00:19:32,020 --> 00:19:34,060
price matters a heck of a lot.

276
00:19:35,220 --> 00:19:37,560
I think it's Gladstein who said,

277
00:19:37,560 --> 00:19:38,500
uh,

278
00:19:39,120 --> 00:19:40,560
is something to the effect of,

279
00:19:40,560 --> 00:19:43,340
and I will not say it as eloquently as Alex would.

280
00:19:45,660 --> 00:19:46,720
The effect is that,

281
00:19:46,720 --> 00:19:47,560
uh,

282
00:19:47,640 --> 00:19:50,320
NGU is a Trojan horse for FGU.

283
00:19:50,700 --> 00:19:53,140
Number go up is a Trojan horse for freedom go up.

284
00:19:54,760 --> 00:19:57,060
Number go up is what leads to freedom go up.

285
00:19:57,100 --> 00:19:58,340
It's what allows freedom to go up

286
00:19:58,340 --> 00:20:00,020
because it brings more people into the network.

287
00:20:00,320 --> 00:20:02,680
It just brings more capital into the network.

288
00:20:02,880 --> 00:20:07,320
We are at 124,454, 482.

289
00:20:07,420 --> 00:20:08,780
We're just bumping up right now.

290
00:20:08,900 --> 00:20:11,120
Okay, we're about to hit an all-time high, right?

291
00:20:11,440 --> 00:20:12,940
I'm pretty sure we're about to hit an all-time high.

292
00:20:14,560 --> 00:20:15,140
Let's see.

293
00:20:15,260 --> 00:20:16,500
Either way, the point being,

294
00:20:16,500 --> 00:20:21,740
price really does matter because Bitcoin is the measuring stick, right?

295
00:20:21,780 --> 00:20:23,540
Like we're measuring this in US dollars right now,

296
00:20:23,580 --> 00:20:24,840
but it doesn't matter what we measured in.

297
00:20:25,200 --> 00:20:26,620
Take any fiat you want.

298
00:20:26,700 --> 00:20:28,840
Take the Turkish lira where we've already had Omega candles.

299
00:20:28,960 --> 00:20:34,280
Take any failing currency where we have mega Omega candles.

300
00:20:35,460 --> 00:20:37,020
Bitcoin is melting faces off.

301
00:20:37,080 --> 00:20:37,680
I know a lot.

302
00:20:37,740 --> 00:20:41,980
I have a lot of friends in Turkey actually who have been stacking Bitcoin

303
00:20:41,980 --> 00:20:44,100
longer than I have, like much longer than I have.

304
00:20:44,100 --> 00:20:45,820
And let me tell you, they are ecstatic.

305
00:20:46,500 --> 00:20:54,840
They are ecstatic because their perseverance has paid off because they have seen their

306
00:20:54,840 --> 00:21:00,080
currency inflate over, I mean, depending on if you go with the real rate of inflation

307
00:21:00,080 --> 00:21:04,520
or the, you know, the government's rate of inflation, I don't know, 50 to a hundred plus

308
00:21:04,520 --> 00:21:07,520
percent a year or more or way more.

309
00:21:09,220 --> 00:21:13,020
Meanwhile, the value of their Bitcoin has just skyrocketed, right?

310
00:21:13,040 --> 00:21:15,920
Like look at the, if you want, you know, maybe I can pull this up.

311
00:21:15,920 --> 00:21:17,560
See, this is what I should do.

312
00:21:17,620 --> 00:21:19,720
I should just pull these things up as a live streamer.

313
00:21:20,360 --> 00:21:23,080
BTC versus Turkish Lira.

314
00:21:23,300 --> 00:21:23,640
Perfect.

315
00:21:23,860 --> 00:21:24,880
Look at that, guys.

316
00:21:25,020 --> 00:21:28,140
I can be a cool live streamer.

317
00:21:28,220 --> 00:21:30,060
Pulling charts up on the fly.

318
00:21:30,900 --> 00:21:31,520
What's next?

319
00:21:32,820 --> 00:21:35,060
Mom, if you could only see me now.

320
00:21:36,560 --> 00:21:37,140
Let's see.

321
00:21:37,240 --> 00:21:39,320
What are we at right now, by the way, on the USD side?

322
00:21:39,920 --> 00:21:41,940
1, 2, 4, 3, 3, 3.

323
00:21:41,940 --> 00:21:49,640
Let's see what we're at when it comes to the Turkish lira.

324
00:21:49,920 --> 00:21:50,880
The Turkish lira.

325
00:21:51,700 --> 00:22:04,080
We are at 5,178,148.31 Turkish lira per Bitcoin.

326
00:22:05,340 --> 00:22:07,580
Let's look at this Turkish lira chart.

327
00:22:08,780 --> 00:22:10,260
Seriously, look at this.

328
00:22:10,260 --> 00:22:11,140
Look at this.

329
00:22:11,940 --> 00:22:13,820
So this is actually, when is this measuring from?

330
00:22:13,900 --> 00:22:16,280
I've got my screen way too far away from me so I can actually see.

331
00:22:16,360 --> 00:22:18,820
Okay, this is like only measuring from like 2018.

332
00:22:19,820 --> 00:22:22,400
Let's see, what's the, what's the, as far as, oh, no, no, no.

333
00:22:22,460 --> 00:22:23,740
Okay, no, it goes back to what?

334
00:22:25,400 --> 00:22:25,720
2016?

335
00:22:25,920 --> 00:22:26,980
Okay, it goes back to 2016.

336
00:22:28,040 --> 00:22:31,060
So basically it's like flat from 20.

337
00:22:31,660 --> 00:22:33,320
Okay, this is an insane chart.

338
00:22:33,920 --> 00:22:35,420
Like literally just insane.

339
00:22:35,700 --> 00:22:36,260
Literally insane.

340
00:22:36,320 --> 00:22:37,580
Let's just look in the last year.

341
00:22:38,500 --> 00:22:40,400
Bitcoin's up 145% in the last year.

342
00:22:40,420 --> 00:22:41,660
In the last five years, it's up the.

343
00:22:41,940 --> 00:22:47,920
thousand percent this this is amazing see we'll go back to the usd chart because okay and and you

344
00:22:47,920 --> 00:22:56,340
know what maybe a good point to to point out here is that this usd chart like this will look like

345
00:22:56,340 --> 00:23:00,520
the turkish lira chart like it already does look like the turkish lira chart honestly like

346
00:23:00,520 --> 00:23:07,160
let me get these in the maybe the same same time frame like the us dollar is the prettiest horse

347
00:23:07,160 --> 00:23:08,020
of the glue factory.

348
00:23:08,920 --> 00:23:10,820
It's the skinniest kid at fat camp.

349
00:23:11,860 --> 00:23:13,420
People like to talk about the fact that,

350
00:23:13,520 --> 00:23:15,220
oh, the US dollar is going down

351
00:23:15,220 --> 00:23:16,420
and the US dollar is going to die.

352
00:23:16,700 --> 00:23:20,680
The US dollar will eventually succumb

353
00:23:20,680 --> 00:23:23,580
to the natural pressures.

354
00:23:24,020 --> 00:23:24,980
That makes sense.

355
00:23:25,080 --> 00:23:26,100
The US dollar is going to die.

356
00:23:27,340 --> 00:23:29,780
But that's only going to happen

357
00:23:29,780 --> 00:23:35,940
after every other fiat currency has been destroyed.

358
00:23:35,940 --> 00:23:39,100
Oh, also, I think we just like ripped through the last all-time high.

359
00:23:39,240 --> 00:23:39,840
Okay, hold on.

360
00:23:39,900 --> 00:23:40,180
We're up.

361
00:23:40,340 --> 00:23:40,920
I see.

362
00:23:41,020 --> 00:23:42,720
I'm just talking my ass off here.

363
00:23:43,120 --> 00:23:44,640
Okay, 125,000.

364
00:23:44,660 --> 00:23:45,820
New all-time high.

365
00:23:46,300 --> 00:23:47,360
Oh, I need an air horn.

366
00:23:48,380 --> 00:23:50,180
I can't actually hear this through mine.

367
00:23:50,280 --> 00:23:51,240
So I'm sorry, guys.

368
00:23:51,260 --> 00:23:52,200
You guys are hearing the air horn.

369
00:23:52,720 --> 00:23:53,760
I'm not hearing it at all.

370
00:23:54,300 --> 00:23:55,640
I'm just going to keep pressing the air horn.

371
00:23:56,120 --> 00:23:57,000
New all-time high.

372
00:23:57,260 --> 00:23:57,580
Yeah.

373
00:23:59,060 --> 00:24:00,800
Is anyone else streaming right now?

374
00:24:00,840 --> 00:24:03,220
Am I the only Bitcoin streamer right now?

375
00:24:03,280 --> 00:24:04,820
I hate the word streamer.

376
00:24:04,820 --> 00:24:06,260
It just sounds fucking lame.

377
00:24:07,340 --> 00:24:09,680
But yeah, moral of the story, new all time.

378
00:24:09,740 --> 00:24:10,620
I, yay, Bitcoin.

379
00:24:10,880 --> 00:24:11,460
We did it.

380
00:24:11,560 --> 00:24:12,100
We did it.

381
00:24:12,540 --> 00:24:17,120
Now all of your friends are going to text you and they're going to say, Hey, so you, uh,

382
00:24:17,120 --> 00:24:18,520
you still into that Bitcoin thing?

383
00:24:19,240 --> 00:24:24,280
You still, uh, still got those Bitcoins and you're going to say, and they're going to

384
00:24:24,280 --> 00:24:26,240
say, Oh, you think I should, you think I should buy some now?

385
00:24:26,260 --> 00:24:27,360
Or should I wait until it goes lower?

386
00:24:28,300 --> 00:24:29,660
And you're going to say, no.

387
00:24:29,900 --> 00:24:31,860
Uh, but really that is what you get every time.

388
00:24:31,860 --> 00:24:32,080
Right.

389
00:24:32,080 --> 00:24:39,260
you get people that literally have been, you've been telling to buy Bitcoin for like years. And

390
00:24:39,260 --> 00:24:43,940
they ask you again and again and again and again, like, should I buy Bitcoin? And you're like,

391
00:24:44,080 --> 00:24:47,820
yeah, man, if you want to, like, I'm, I'm still buying right now. Like I'm not for me,

392
00:24:47,840 --> 00:24:51,160
like I dollar cost average. And it doesn't matter. Cause you can just tell them as many

393
00:24:51,160 --> 00:24:54,380
times as you want. They're just not going to pay attention. They're just not going to pay

394
00:24:54,380 --> 00:24:59,560
attention. It's so sad, but it's like, what can you do? Like you can lead a horse to water,

395
00:24:59,560 --> 00:25:01,020
but you can't make it not retarded.

396
00:25:01,520 --> 00:25:02,960
That's what my dad always said.

397
00:25:03,200 --> 00:25:03,640
I'm just kidding.

398
00:25:03,680 --> 00:25:04,680
He didn't actually say that.

399
00:25:05,400 --> 00:25:07,520
He said a lot more inappropriate things, but not that.

400
00:25:08,980 --> 00:25:10,720
So we got a new all-time high, right?

401
00:25:11,060 --> 00:25:13,700
We can officially confirm this?

402
00:25:13,980 --> 00:25:14,180
Yep.

403
00:25:14,300 --> 00:25:14,560
Okay.

404
00:25:14,820 --> 00:25:16,180
Well, thank you.

405
00:25:17,280 --> 00:25:19,240
Robinhood just reminded me.

406
00:25:19,740 --> 00:25:22,080
BTC hits 52-week high.

407
00:25:22,500 --> 00:25:26,640
Bitcoin just hit a 52-week high at $165.90.

408
00:25:27,180 --> 00:25:29,160
It's obviously way higher than that right now.

409
00:25:29,560 --> 00:25:30,080
Yeah.

410
00:25:31,100 --> 00:25:32,560
Boy, I've got to say,

411
00:25:33,400 --> 00:25:35,460
it would suck

412
00:25:35,460 --> 00:25:39,140
not to have any Bitcoin right now, huh?

413
00:25:39,920 --> 00:25:42,320
I mean, it would suck.

414
00:25:42,960 --> 00:25:43,680
Like, if you,

415
00:25:44,260 --> 00:25:46,160
boy, if you somehow stumble across this,

416
00:25:46,340 --> 00:25:48,200
I don't know how you would stumble across this stream,

417
00:25:48,280 --> 00:25:50,100
but if you did stumble across this stream

418
00:25:50,100 --> 00:25:51,160
and you're like,

419
00:25:51,280 --> 00:25:53,320
shit, I don't own any Bitcoin,

420
00:25:54,320 --> 00:25:58,200
boy, that would be just a,

421
00:25:59,560 --> 00:26:01,000
That'd be rough, wouldn't it?

422
00:26:01,080 --> 00:26:03,300
That'd be really, really rough.

423
00:26:03,820 --> 00:26:06,180
I hope if you're watching this stream, you own some Bitcoin.

424
00:26:06,300 --> 00:26:08,100
I hope you haven't been dabbling in shit coins.

425
00:26:08,440 --> 00:26:13,080
I dabbled in shit coins before I understood that you could just buy fractions of a Bitcoin,

426
00:26:13,720 --> 00:26:19,260
which again is why I have empathy for people who have dabbled in shit coins.

427
00:26:19,260 --> 00:26:25,340
But man, I think something that people need to realize is like, bro, you're a bad trader.

428
00:26:25,340 --> 00:26:32,980
like you're you you watching this stream right now you're a terrible trader i'm so sorry i'm a

429
00:26:32,980 --> 00:26:39,100
terrible trader sometimes i like to take a little bit of kind of pocket money and trade a little bit

430
00:26:39,100 --> 00:26:45,140
you know on robin hood just to remind myself like and then and i compare it to like if i would have

431
00:26:45,140 --> 00:26:49,620
just held bitcoin with that like very very de minimis amount if i would have just held bitcoin

432
00:26:49,620 --> 00:26:53,620
i compared to that like how would i have done it's like and i would have always done better if

433
00:26:53,620 --> 00:26:56,980
I just held Bitcoin, like, because I'm just not a good trader.

434
00:26:57,340 --> 00:26:59,620
And honestly, like, none of you are good traders.

435
00:27:00,020 --> 00:27:04,240
Like maybe like one person listening to this stream is like a good trader.

436
00:27:04,260 --> 00:27:05,600
And you're like, well, I'm actually pretty good.

437
00:27:05,680 --> 00:27:07,560
And I beat Bitcoin's hurdle rate.

438
00:27:08,000 --> 00:27:09,300
The rest of you don't.

439
00:27:09,400 --> 00:27:10,940
None of, like, it's hard.

440
00:27:11,040 --> 00:27:16,160
Like for you to outperform the best performing asset, that's hard.

441
00:27:16,320 --> 00:27:17,240
And that's okay.

442
00:27:17,240 --> 00:27:18,380
Like you shouldn't have to.

443
00:27:18,380 --> 00:27:22,560
You shouldn't have to have a second job, which is figuring out how to be a great trader

444
00:27:22,560 --> 00:27:24,100
just to make ends meet.

445
00:27:24,400 --> 00:27:26,060
You shouldn't need to have a second job

446
00:27:26,060 --> 00:27:28,540
just to be able to, you know,

447
00:27:28,580 --> 00:27:31,380
to cushion the wages of your first job,

448
00:27:31,420 --> 00:27:32,120
which are insufficient

449
00:27:32,120 --> 00:27:33,840
because inflation is robbing you blind.

450
00:27:33,900 --> 00:27:35,260
You shouldn't have to do that.

451
00:27:35,740 --> 00:27:37,640
And so like, just don't, just don't,

452
00:27:37,680 --> 00:27:38,500
because Bitcoin exists.

453
00:27:38,620 --> 00:27:40,040
You don't have to do that.

454
00:27:40,620 --> 00:27:42,680
Thankfully, like that's a beautiful thing.

455
00:27:42,680 --> 00:27:44,620
You don't have to do this to yourself.

456
00:27:44,680 --> 00:27:49,800
And now we're at 125,548 US

457
00:27:49,800 --> 00:27:52,620
infinitely printable cuck bucks per Bitcoin.

458
00:27:52,960 --> 00:27:53,960
What a day, guys.

459
00:27:54,220 --> 00:27:55,640
What a day it is.

460
00:27:56,320 --> 00:27:59,540
I'm still, I'm literally, man, I'm such a bad streamer, you guys.

461
00:27:59,660 --> 00:28:02,380
I am such a bad, bad streamer.

462
00:28:02,460 --> 00:28:05,760
I don't know anything of what I'm doing right now.

463
00:28:06,120 --> 00:28:10,220
Like, oh, do I want to change the layout here?

464
00:28:10,320 --> 00:28:10,820
I don't know.

465
00:28:10,940 --> 00:28:11,700
How do I even do that?

466
00:28:11,700 --> 00:28:13,540
I don't even know how to do that on Riverside right now.

467
00:28:13,720 --> 00:28:14,060
Let's see.

468
00:28:14,100 --> 00:28:15,620
Is there another button for this at the bottom?

469
00:28:15,700 --> 00:28:16,260
Oh, here it is.

470
00:28:16,720 --> 00:28:17,360
Oh, I found it.

471
00:28:17,360 --> 00:28:18,140
Let's see.

472
00:28:18,420 --> 00:28:19,060
How's that?

473
00:28:19,800 --> 00:28:22,020
Nope. Won't even let me change it.

474
00:28:23,260 --> 00:28:25,840
Oh, oh, oh, no, won't let me do those.

475
00:28:26,160 --> 00:28:27,440
Those must be premium or something.

476
00:28:28,040 --> 00:28:28,500
I don't know.

477
00:28:29,480 --> 00:28:31,040
Pay these fucks enough already.

478
00:28:31,360 --> 00:28:33,340
Jesus Christ. Pardon my French.

479
00:28:34,160 --> 00:28:34,500
All right.

480
00:28:35,100 --> 00:28:37,620
$125,049.

481
00:28:37,760 --> 00:28:40,080
Okay, now it's $500 even per Bitcoin.

482
00:28:41,280 --> 00:28:42,180
What a day.

483
00:28:42,740 --> 00:28:43,940
What a day it is.

484
00:28:44,520 --> 00:28:47,020
Guys, it's a pleasure to be here with you all.

485
00:28:47,240 --> 00:28:49,760
My wife is sleeping soundly down below.

486
00:28:49,800 --> 00:28:55,060
many of you know my wife uh carla bitcoin my name is walker america her name is carla bitcoin she

487
00:28:55,060 --> 00:29:00,600
kept her maiden name totally cool with it right she decided to keep the bitcoin i i debated actually

488
00:29:00,600 --> 00:29:05,420
taking her last name taking the bitcoin but then i was like i'm not i'm not a cuck like no i'll

489
00:29:05,420 --> 00:29:10,360
keep i'll keep the america thank you very much she's fantastic i'm a very lucky man to have a

490
00:29:10,360 --> 00:29:18,400
wife like that not only is she smoking hot uh but she's a hardcore bitcoiner and she's very cool

491
00:29:18,400 --> 00:29:22,480
like I'm very appreciative of my wife very appreciative that she is also a

492
00:29:22,480 --> 00:29:30,940
incredible mother who wants to stay home with our son raise our son uh not send him to you know uh

493
00:29:30,940 --> 00:29:35,220
to preschool or whatever daycare or whatever I don't even know what the things are because we

494
00:29:35,220 --> 00:29:41,360
don't do it send her those things all the time like she wants to stay home and and take care of

495
00:29:41,360 --> 00:29:46,120
him which I think is just like the the greatest thing she could possibly do and she's like she's

496
00:29:46,120 --> 00:29:51,960
got more degrees than I do boys. Don't worry. She's got degrees out the ass, but like, she's

497
00:29:51,960 --> 00:29:56,980
very happy to not use them. And I think that's a beautiful thing, but moral of the story is she,

498
00:29:57,060 --> 00:30:02,800
uh, she brought up to me just like today. She was like, um, our checking accounts like pretty low

499
00:30:02,800 --> 00:30:10,000
right now. Like, are we going to overdraft? I'm like, maybe babe, maybe, but we're going to be

500
00:30:10,000 --> 00:30:15,940
pumping. And you know, it's, it's great when you just like, I don't know how many, I'm sure probably

501
00:30:15,940 --> 00:30:20,100
a lot of you guys listening to this have been in that place where you're like, that checking

502
00:30:20,100 --> 00:30:28,000
account is getting about overdrafted. And the wife, sweet, sweet, smoking hot wife is coming

503
00:30:28,000 --> 00:30:32,760
after you like, okay, don't you think we should leave a little more cushion in there? And you're

504
00:30:32,760 --> 00:30:38,340
like, no, babe, no, like, I'm only putting in there what I you know, I can afford to lose like

505
00:30:38,340 --> 00:30:45,900
those fiat cuck bucks. But yeah, thank God for, for understanding Bitcoin wives, people have

506
00:30:45,900 --> 00:30:51,860
asked me a number of times it basically said like man what can i do to what can i do to get my wife

507
00:30:51,860 --> 00:30:58,540
more into bitcoin and i feel bad because i don't have a good answer for this because my wife is

508
00:30:58,540 --> 00:31:05,820
a like a terrible example of this like she was already like she comes she was born in a communist

509
00:31:05,820 --> 00:31:11,820
country like of course she was gonna understand bitcoin like that's that's one thing i noticed is

510
00:31:11,820 --> 00:31:19,700
that like Eastern Europeans, they grok Bitcoin so quickly. I mean, same from so many people in

511
00:31:19,700 --> 00:31:25,040
South America. I mean, basically people anywhere in the world that grew up under authoritarian

512
00:31:25,040 --> 00:31:33,420
communist dictatorships and just mismanagement tend to grok Bitcoin very, very fast. Cause it's

513
00:31:33,420 --> 00:31:37,140
like, Oh yeah, duh. That makes, that makes a ton of sense. Yep. And then they, they get,

514
00:31:37,240 --> 00:31:41,120
they ask the normal questions, you know, okay, well, can the state co-op this, et cetera,

515
00:31:41,120 --> 00:31:46,300
et cetera. Oh no, it can't. Okay. Yep. This makes a ton of sense. Yeah, for sure. Let's do it.

516
00:31:47,580 --> 00:31:53,160
Versus the average person in America who has never actually had to grow up with,

517
00:31:53,160 --> 00:32:00,300
it was never actually had to grow up with the worry of being debanked, like in a meaningful

518
00:32:00,300 --> 00:32:04,620
way. Like, yeah, you still can in America, but like the vast majority of people in America don't

519
00:32:04,620 --> 00:32:08,640
have to worry about being debanked. They don't have to worry about their currency hyperinflating

520
00:32:08,640 --> 00:32:15,300
overnight or being devalued by some external authority like the fucking French and what they

521
00:32:15,300 --> 00:32:20,500
do with the CFA Frank for African countries, which if you're not familiar with it, look up what Alex

522
00:32:20,500 --> 00:32:26,960
Gladstein has, has written about this. It is patently insane and just monetary colonialism.

523
00:32:26,960 --> 00:32:33,160
And it's fucking absurd. And the French should stop it, but like, Hey, you know, like it works

524
00:32:33,160 --> 00:32:41,400
for them right but if you're in a in part of the so-called developed world you just don't have that

525
00:32:41,400 --> 00:32:50,300
that need to grok bitcoin quickly my father-in-law who was literally a communist defector

526
00:32:50,300 --> 00:32:59,920
carl's dad he says something all the time which i i love he's like he speaks of course great

527
00:32:59,920 --> 00:33:02,900
English, but I'll just, I'll butcher his accent a little bit. Cause he's still got a little bit of

528
00:33:02,900 --> 00:33:10,180
an accent. It's like Walker, you get smart by force, not by choice. That's it. And it's true.

529
00:33:10,920 --> 00:33:18,860
The vast majority of people get smart by force, not by choice. They get smart because they have

530
00:33:18,860 --> 00:33:25,200
to, they get smart because they need to, to survive. They don't get smart because one day

531
00:33:25,200 --> 00:33:29,120
they're just like, Hmm, you know what? I think I'll just change my entire worldview about this.

532
00:33:29,120 --> 00:33:31,780
and adopt this magic internet money.

533
00:33:32,340 --> 00:33:34,720
I said, no, this is why also people though,

534
00:33:35,120 --> 00:33:39,720
to Americans and some Western Europeans credits,

535
00:33:39,920 --> 00:33:43,120
if you do grok Bitcoin, when you come from a privilege,

536
00:33:43,300 --> 00:33:44,800
like if you have financial privilege,

537
00:33:45,320 --> 00:33:47,760
again, a Gladstein term there, right?

538
00:33:48,020 --> 00:33:48,920
Financial privilege.

539
00:33:48,920 --> 00:33:50,460
If you do come from an area

540
00:33:50,460 --> 00:33:51,980
where you have financial privilege

541
00:33:51,980 --> 00:33:54,520
and you are still able to grok Bitcoin,

542
00:33:54,680 --> 00:33:56,180
that's impressive, right?

543
00:33:56,180 --> 00:34:05,400
it's impressive because you are actually getting smart by choice, not by force. Most people in the

544
00:34:05,400 --> 00:34:13,840
world, myself included, we get smart by force, not by choice. And so if you do actually make the

545
00:34:13,840 --> 00:34:17,240
choice and say, I'm going to get smart right now, I'm going to learn about Bitcoin. I'm going to

546
00:34:17,240 --> 00:34:24,740
figure out what the hell is going on here. You are in a rarefied minority. Good for you. That's

547
00:34:24,740 --> 00:34:30,940
fantastic. I don't exactly know where I'm going with this, guys. Again, this is where I am right

548
00:34:30,940 --> 00:34:38,960
now. 11.58 PM on a Saturday evening. Wife and son peacefully asleep. Bitcoin's at a new all-time

549
00:34:38,960 --> 00:34:46,100
highs. What a time to be alive. What a time to be alive. Live streaming the price chart like some

550
00:34:46,100 --> 00:34:55,540
open-mouthed YouTube cuck. Wow. Wow. Wow. Wow. Let's see what I guys on Noster. I have not been

551
00:34:55,540 --> 00:34:59,820
paying enough attention. Uh, I have not been paying enough attention to you. Let's, let's,

552
00:34:59,820 --> 00:35:14,039
let let see what happening over here Oh my God There so many so many messages thousands of messages guys Oh my God Oh my God Let see What do we What do we have here What do we have Okay Okay Bets on when a Coinbase site crashes

553
00:35:14,898 --> 00:35:15,298
I don't know.

554
00:35:15,338 --> 00:35:18,638
Can anyone confirm has Coinbase's site crashed already?

555
00:35:18,858 --> 00:35:19,258
Probably.

556
00:35:20,738 --> 00:35:23,078
Shitcoins are a crucible, says Imposter.

557
00:35:23,218 --> 00:35:23,798
I agree.

558
00:35:24,338 --> 00:35:27,019
Chris Franklin, happy all-time high, motherfuckers.

559
00:35:27,019 --> 00:35:28,439
Yes, Chris.

560
00:35:28,738 --> 00:35:30,238
Happy all-time high to you too, motherfucker.

561
00:35:30,238 --> 00:35:35,798
imposter says better to learn without that pain yes it is true it is better to learn without that

562
00:35:35,798 --> 00:35:41,138
pain but more than likely you will learn with the pain like but again if you're here right now and

563
00:35:41,138 --> 00:35:44,479
you're living in a privileged western nation where you have financial privilege you have

564
00:35:44,479 --> 00:35:49,578
managed to basically learn without the pain yes have you been rat fucked by inflation your entire

565
00:35:49,578 --> 00:35:53,779
life basically without knowing it yes have the boomers been extracting wealth from you

566
00:35:53,779 --> 00:35:58,519
at just ridiculous rates for your whole life.

567
00:35:58,578 --> 00:36:00,019
And it's not entirely the boomers' fault.

568
00:36:00,158 --> 00:36:01,558
They're just products of their own environment

569
00:36:01,558 --> 00:36:04,718
and they never cared enough to ask,

570
00:36:04,898 --> 00:36:08,558
like, hey, am I just participating in this extractionary system

571
00:36:08,558 --> 00:36:11,878
that's absolutely rat-fucking every other generation after us?

572
00:36:12,439 --> 00:36:12,838
Sure.

573
00:36:13,678 --> 00:36:15,698
There are a lot of great boomers in Bitcoin, too.

574
00:36:16,999 --> 00:36:19,019
This is not a comment about all boomers.

575
00:36:19,019 --> 00:36:21,138
There are some really incredible ones.

576
00:36:21,218 --> 00:36:23,318
Bob Burnett, Larry Lippard,

577
00:36:23,779 --> 00:36:30,798
Uh, Jethro, George Bodine, to name a couple, Gary Leland, amazing boomers, super based boomers.

578
00:36:30,919 --> 00:36:34,718
We're very, I'm very grateful to have boomers like this in my life that I can call friends.

579
00:36:34,959 --> 00:36:36,318
Uh, it's, it's fantastic.

580
00:36:36,858 --> 00:36:37,779
Let's read a couple more.

581
00:36:37,878 --> 00:36:40,138
Nine by nine says going to hit one 26 soon.

582
00:36:40,218 --> 00:36:41,818
I believe you nine by nine.

583
00:36:42,378 --> 00:36:43,098
All right.

584
00:36:43,638 --> 00:36:44,979
What else do we have?

585
00:36:46,678 --> 00:36:50,279
Our Koshi says we hit one 25, 800.

586
00:36:50,539 --> 00:36:51,459
I believe you.

587
00:36:51,479 --> 00:36:53,318
I guess I wasn't actually watching it that closely.

588
00:36:53,318 --> 00:36:56,198
I was too busy listening to the sound of my own voice.

589
00:36:56,979 --> 00:36:58,198
Homeschool 120%.

590
00:36:58,198 --> 00:37:01,358
I wish I could, but I'm a single father, so it's not viable.

591
00:37:01,499 --> 00:37:04,798
Imposter, man, good on you.

592
00:37:05,779 --> 00:37:09,979
I'm quite confident that you are doing the absolute best for your children that you possibly

593
00:37:09,979 --> 00:37:11,818
can and keep it up, man.

594
00:37:11,878 --> 00:37:15,519
I also know that you're about to start a Bitcoin podcast and I fully support it.

595
00:37:15,519 --> 00:37:18,019
And I'm pretty sure I owe you a DM also.

596
00:37:18,439 --> 00:37:21,019
So let me know if I miss sending it to you.

597
00:37:21,058 --> 00:37:22,178
It's been a hectic fucking week.

598
00:37:22,178 --> 00:37:27,658
I'm happy to hop on a call with you anytime and talk you through what all the things I don't know

599
00:37:27,658 --> 00:37:32,298
about Bitcoin podcasting that I'm happy to share but yeah let's see what else do we have here

600
00:37:32,298 --> 00:37:40,698
someone just says hell on okay cool and then October okay Hasky yes October indeed what else

601
00:37:40,698 --> 00:37:47,558
do we have here McRib indicator never fails don't know what to tell you says Cincy that's actually

602
00:37:47,558 --> 00:37:51,838
a wild thing. Have you guys seen this McRib indicator thing? Like every time the McRib

603
00:37:51,838 --> 00:37:58,979
comes back, Bitcoin pumps, like boy, it's wildly accurate. It's kind of insane.

604
00:38:00,318 --> 00:38:06,058
And I'm kind of like that, like that's, I'm not a, you know, a huge TA fan. Like I think

605
00:38:06,058 --> 00:38:13,738
for the most part, TA is kind of like astrology for men. But if there was a kind of TA that I

606
00:38:13,738 --> 00:38:21,638
would subscribe to. It would definitely be like McRib TA. Let me just see. Let's see what we can

607
00:38:21,638 --> 00:38:31,519
get here. Okay. I think I found it. Okay. There we go. Let's see. Okay. Man, I need a producer.

608
00:38:31,678 --> 00:38:34,698
By the way, if you're listening right now and you're like, I'd like to produce this

609
00:38:34,698 --> 00:38:41,499
terrible live stream show. Well, I've got good news for you, buddy. You can because

610
00:38:41,499 --> 00:38:50,499
I am not good at it. So come on down. Okay. Oh, I did get this shared. Sweet. Okay. The McRib is

611
00:38:50,499 --> 00:38:57,598
back. BTC historically goes up greater than two X after the McRib returns. Don't fade the McRib.

612
00:38:57,959 --> 00:39:06,558
And I, this is actually kind of like nuts. Like let's okay. Okay. McRib return. Like, okay. So we

613
00:39:06,558 --> 00:39:12,318
got the 2021 pump and then to the blow off top to then the other blow off top, like the

614
00:39:12,318 --> 00:39:17,078
double blow off top, the tit coin blow off top, as they say, those are a couple of mountains

615
00:39:17,078 --> 00:39:17,238
there.

616
00:39:17,318 --> 00:39:18,098
I don't care what you say.

617
00:39:18,698 --> 00:39:22,098
So McRib pump, another McRib pump around, what is that?

618
00:39:22,218 --> 00:39:24,979
Uh, July or August, 2024.

619
00:39:25,499 --> 00:39:25,939
Yep.

620
00:39:26,698 --> 00:39:27,338
Epic pump.

621
00:39:28,238 --> 00:39:33,718
And then into July, 2025, just a massive couple of candles there.

622
00:39:33,838 --> 00:39:35,078
Look at those green candles.

623
00:39:35,078 --> 00:39:35,358
Wow.

624
00:39:35,439 --> 00:39:36,078
Just beautiful.

625
00:39:36,559 --> 00:39:40,238
But moral of the story is don't fade the McRib, I guess.

626
00:39:41,039 --> 00:39:43,358
That is the kind of TA that I'm here for, though.

627
00:39:43,999 --> 00:39:47,078
It's not the drawing lines on a chart kind of thing.

628
00:39:47,298 --> 00:39:51,218
It's the drawing arrows to point to where the McRib came back kind of thing.

629
00:39:51,398 --> 00:39:53,238
That is what we really need.

630
00:39:53,979 --> 00:39:58,539
That is the kind of TA that I think is meaningful for people, really.

631
00:39:59,158 --> 00:39:59,499
And you know what?

632
00:39:59,499 --> 00:40:04,218
It's tied to such a, like, what a little slice of Americana.

633
00:40:04,218 --> 00:40:06,318
Like, you know, quite literally.

634
00:40:06,559 --> 00:40:12,898
Like that's, that's just beautiful. All right. What else do we have here guys on the live stream

635
00:40:12,898 --> 00:40:18,698
chat? By the way, guys, how am I doing on the live stream? Um, is this a good live stream or

636
00:40:18,698 --> 00:40:24,118
a bad live stream? I'm honestly not sure. Cause I don't watch live streams myself. So really this

637
00:40:24,118 --> 00:40:28,718
is just like, this is the, the blind leading the retarded over here, if you know what I mean.

638
00:40:29,318 --> 00:40:35,078
Um, but I appreciate everybody. Uh, Tate and posture says Tatum is watching on X. I bet Tatum,

639
00:40:35,078 --> 00:40:36,638
Tatum claimed he was out at the bar.

640
00:40:37,358 --> 00:40:38,578
Actually, he didn't claim he was out at the bar.

641
00:40:38,658 --> 00:40:41,218
He just said he was busy, which I'm like, okay, Tatum.

642
00:40:42,078 --> 00:40:44,459
But, yeah, he probably is watching right now somewhere.

643
00:40:45,258 --> 00:40:47,039
But, you know, I appreciate it.

644
00:40:47,238 --> 00:40:47,898
I appreciate it.

645
00:40:47,898 --> 00:40:48,178
All right.

646
00:40:48,298 --> 00:40:50,919
What else do we have here?

647
00:40:51,298 --> 00:40:51,919
Let's see.

648
00:40:53,098 --> 00:40:55,338
The McRib is tuned to the four-year cycle.

649
00:40:55,698 --> 00:40:56,039
Interesting.

650
00:40:56,039 --> 00:41:00,718
But, okay, to say that the McRib is tuned to the four-year cycle, though,

651
00:41:00,718 --> 00:41:04,218
like we saw that the McRib is,

652
00:41:04,278 --> 00:41:08,539
is actually not entirely dependent on the four year cycle.

653
00:41:08,758 --> 00:41:10,218
Like if we go back to this,

654
00:41:10,959 --> 00:41:12,098
like the McRib is,

655
00:41:12,338 --> 00:41:14,419
there's multiple introductions here.

656
00:41:14,479 --> 00:41:15,698
So we've got McRib in 2021.

657
00:41:15,698 --> 00:41:16,499
You could say,

658
00:41:16,539 --> 00:41:16,698
okay,

659
00:41:16,718 --> 00:41:16,878
yeah,

660
00:41:16,878 --> 00:41:18,678
that would be part of the four year cycle if you're looking at that

661
00:41:18,678 --> 00:41:19,298
discreetly.

662
00:41:20,059 --> 00:41:23,559
But then like multiple reintroductions here,

663
00:41:23,658 --> 00:41:25,019
was it introduced in,

664
00:41:25,078 --> 00:41:25,919
in 2024?

665
00:41:25,919 --> 00:41:26,479
And then again,

666
00:41:26,479 --> 00:41:28,098
a year later it was reintroduced.

667
00:41:28,098 --> 00:41:28,578
Like that's,

668
00:41:28,758 --> 00:41:30,039
it seems kind of like,

669
00:41:30,039 --> 00:41:33,499
and then rapid for McDonald's and reintroduced again a year after that.

670
00:41:33,499 --> 00:41:34,718
Like why the,

671
00:41:34,838 --> 00:41:36,238
I guess why the big shit?

672
00:41:36,318 --> 00:41:37,338
The real question is like,

673
00:41:37,338 --> 00:41:41,398
was the bear market in Bitcoin just because there was no McRib on the menu?

674
00:41:41,678 --> 00:41:42,118
Like,

675
00:41:42,138 --> 00:41:42,818
so from 20,

676
00:41:42,959 --> 00:41:43,238
you know,

677
00:41:43,278 --> 00:41:45,718
basically McRib's introduced in 2021.

678
00:41:46,078 --> 00:41:50,919
We go to a couple of blow off tops and then no McRib for an unseasonably long

679
00:41:50,919 --> 00:41:51,698
period of time.

680
00:41:52,078 --> 00:41:53,559
And then we're back McRib,

681
00:41:53,758 --> 00:41:54,078
boom,

682
00:41:54,238 --> 00:41:55,419
all time high McRib,

683
00:41:55,519 --> 00:41:55,738
boom,

684
00:41:55,838 --> 00:41:56,559
all time high McRib,

685
00:41:56,658 --> 00:41:56,878
boom,

686
00:41:56,999 --> 00:41:57,979
all time high McRib again.

687
00:41:57,979 --> 00:41:58,298
Now,

688
00:41:58,439 --> 00:41:58,658
boom,

689
00:41:58,758 --> 00:41:59,358
all time high.

690
00:41:59,358 --> 00:42:04,499
is McDonald's manipulating the market with the McRib?

691
00:42:06,198 --> 00:42:07,658
This is what I'd like to know.

692
00:42:08,898 --> 00:42:10,098
Has anyone looked into this?

693
00:42:10,218 --> 00:42:12,678
Like, is McDonald's engaging in market manipulation?

694
00:42:13,078 --> 00:42:16,479
Is this some sort of, I don't know, is this some sort of,

695
00:42:16,578 --> 00:42:17,818
is this insider trading?

696
00:42:18,198 --> 00:42:20,118
I don't know what's happening.

697
00:42:20,178 --> 00:42:21,398
I don't want to throw around accusations.

698
00:42:21,398 --> 00:42:22,798
This is just speculation here.

699
00:42:23,519 --> 00:42:26,078
But boy, if we go back to this chart, it's like,

700
00:42:26,578 --> 00:42:28,718
why is such a long gap, McDonald's?

701
00:42:28,718 --> 00:42:34,559
why such an unseasonably long gap? And somebody, if anybody's out there that wants to be really

702
00:42:34,559 --> 00:42:42,118
autistic with this, can you look up the usual frequency between McRib reintroductions? And if

703
00:42:42,118 --> 00:42:47,959
there happened to be a particularly long, particularly long period in between the 2021

704
00:42:47,959 --> 00:42:52,778
reintroduction and the 2024, like obviously that seems to be disproportionately long,

705
00:42:52,919 --> 00:42:58,118
but maybe they were just like, we're not going to reintroduce, but no, the 2021 was already during

706
00:42:58,118 --> 00:43:01,898
COVID. I was going to say that maybe they're doing some weird like COVID thing. Like, but like you

707
00:43:01,898 --> 00:43:05,158
would think if anything, they would have been like, Hey, get your vaccine and get a McRib.

708
00:43:05,158 --> 00:43:10,658
Like basically everyone did. It was like, Hey, get a donut and get a vaccine and a little

709
00:43:10,658 --> 00:43:18,658
myocarditis and you're good to go. Sick. Um, uh, somebody just said in the Noster chat, Bitcoin

710
00:43:18,658 --> 00:43:25,258
is McDonald's pump and dump. That's fair. Uh, Jake has says, what is a McRib? What is a McRib?

711
00:43:25,258 --> 00:43:27,378
Boy, I don't know.

712
00:43:27,618 --> 00:43:30,999
What is a cool breeze on a warm summer day?

713
00:43:31,539 --> 00:43:33,158
You know, you just got to go try it, man.

714
00:43:33,218 --> 00:43:34,559
Just go get yourself a McRib.

715
00:43:34,618 --> 00:43:35,939
Get yourself some seed oils there.

716
00:43:36,358 --> 00:43:41,959
The real bullish indicator for me will be when McDonald's gets rid of seed oils.

717
00:43:42,258 --> 00:43:45,218
I think Steak and Shake, honestly, this is like such an incredible,

718
00:43:46,178 --> 00:43:49,698
absolutely just incredible journey that Steak and Shake has been on,

719
00:43:50,078 --> 00:43:51,338
like if you've been following this at all.

720
00:43:51,338 --> 00:43:59,638
So like Steak and Shake got rid of seed oils, which like, boom, amazing, right?

721
00:44:00,118 --> 00:44:00,519
Fantastic.

722
00:44:00,778 --> 00:44:01,818
Get rid of those seed oils.

723
00:44:03,158 --> 00:44:08,738
And then they introduced beef tallow in terms of like, that's what they were going to be

724
00:44:08,738 --> 00:44:09,718
frying their fries with.

725
00:44:09,898 --> 00:44:11,039
They were going to be using beef tallow.

726
00:44:11,118 --> 00:44:11,559
Okay, great.

727
00:44:11,738 --> 00:44:12,278
Even better.

728
00:44:12,479 --> 00:44:14,459
Like get rid of the seed oils, put in beef tallow.

729
00:44:14,778 --> 00:44:15,178
Fantastic.

730
00:44:15,898 --> 00:44:17,658
And they're like, we're going to start accepting Bitcoin.

731
00:44:17,658 --> 00:44:24,999
And Carl and I, I'll be honest, guys, we've been eating steak and shake for a while, right?

732
00:44:25,059 --> 00:44:29,638
Like even when they had seed oils, I'll be honest, like guilty as charged, mea culpa.

733
00:44:31,718 --> 00:44:39,658
But when we went in there and experienced their Bitcoin enabled checkout, like it was smooth.

734
00:44:40,858 --> 00:44:43,778
Like they did a really nice job with it.

735
00:44:43,858 --> 00:44:45,318
Like it was really easy.

736
00:44:45,919 --> 00:44:46,818
It was really easy.

737
00:44:46,818 --> 00:44:47,658
It was really quick.

738
00:44:47,878 --> 00:44:49,338
Like it was as it should be.

739
00:44:49,338 --> 00:44:52,439
Like it was like a bunch of Bitcoiners had set it up because they did it.

740
00:44:52,439 --> 00:44:53,258
Cause they use some,

741
00:44:53,298 --> 00:44:53,539
you know,

742
00:44:53,578 --> 00:44:54,818
third party Bitcoin software.

743
00:44:56,898 --> 00:44:57,959
It's fantastic though.

744
00:44:58,019 --> 00:44:58,238
Like,

745
00:44:58,459 --> 00:44:59,618
and,

746
00:44:59,798 --> 00:45:00,318
and now they,

747
00:45:00,338 --> 00:45:00,838
they just,

748
00:45:00,939 --> 00:45:02,479
let me see if I can pull this up.

749
00:45:02,499 --> 00:45:06,698
Maybe they just released that.

750
00:45:06,698 --> 00:45:08,118
They're going to be putting the largest,

751
00:45:08,118 --> 00:45:08,539
like,

752
00:45:08,598 --> 00:45:15,059
I think they said like the largest legally allowable flags on their premises.

753
00:45:16,059 --> 00:45:16,798
Let me see.

754
00:45:16,818 --> 00:45:26,238
Okay. Can you guys see this? Yeah, there we go. Okay. So, uh, yeah, this is like be steak and shake,

755
00:45:26,318 --> 00:45:29,999
get rid of seed oils, cook with beef towel, except Bitcoin, uh, install biggest American

756
00:45:29,999 --> 00:45:34,798
flags possible profit by being based. But this is exactly what they're doing. The flag installations

757
00:45:34,798 --> 00:45:40,398
have begun at steak and shake. Every steak and shake is getting the tallest and biggest American

758
00:45:40,398 --> 00:45:45,559
flag that local governments will allow. Also, it makes me wonder like, do local governments not

759
00:45:45,559 --> 00:45:51,019
allow you to just have as big of an American flag as you want? Like at a certain point,

760
00:45:51,059 --> 00:45:54,718
will they be like, no, that American flag's too big. That's too much patriotism, son.

761
00:45:55,598 --> 00:46:00,039
Because if so, that's super unpatriotic. I mean, I guess unless it was like near an airport or

762
00:46:00,039 --> 00:46:03,358
something and it could be somehow like a flight hazard. But otherwise, I just can't think of a

763
00:46:03,358 --> 00:46:09,138
reason why you wouldn't let people have the biggest possible American flags. I don't know.

764
00:46:09,138 --> 00:46:13,539
I don't know. I digress. But either way, you love to see this. And what I would love to see

765
00:46:13,539 --> 00:46:15,658
is for McDonald's to also get this base.

766
00:46:16,439 --> 00:46:19,778
Like, get McDonald's with some big-ass American flags.

767
00:46:19,858 --> 00:46:20,919
I think McDonald's has probably,

768
00:46:20,979 --> 00:46:24,459
they're probably one of the largest corporate landowners

769
00:46:24,459 --> 00:46:26,559
in the United States, if I had to guess.

770
00:46:26,638 --> 00:46:28,858
Like, there's McDonald's in every bumblefuck town.

771
00:46:28,999 --> 00:46:30,678
Usually there's a couple of them, you know?

772
00:46:31,218 --> 00:46:36,298
Like, they've got to be one of the biggest corporate landowners in the U.S.

773
00:46:36,898 --> 00:46:39,539
Like, imagine them flying a giant-ass American flag

774
00:46:39,539 --> 00:46:42,539
and then slightly lower, a Bitcoin flag.

775
00:46:42,539 --> 00:46:44,318
that's what I'd like to see

776
00:46:44,318 --> 00:46:45,959
that is what I'd like to see

777
00:46:45,959 --> 00:46:48,019
that's the old Bitcoin price

778
00:46:48,019 --> 00:46:49,218
oh my god you guys

779
00:46:49,218 --> 00:46:50,718
we've crashed

780
00:46:50,718 --> 00:46:54,598
we've crashed down to $124,960

781
00:46:54,598 --> 00:46:57,019
Bitcoin is officially dead

782
00:46:57,019 --> 00:46:58,298
I'm so sorry

783
00:46:58,298 --> 00:47:00,798
I'm so sorry you had to see it here on my live stream

784
00:47:00,798 --> 00:47:03,758
this is tragic

785
00:47:03,758 --> 00:47:06,358
this is truly, truly tragic

786
00:47:06,358 --> 00:47:07,638
I'm just

787
00:47:07,638 --> 00:47:09,338
I'm horrified

788
00:47:09,338 --> 00:47:10,878
I'm absolutely horrified

789
00:47:10,878 --> 00:47:12,459
I don't know

790
00:47:12,459 --> 00:47:14,578
I don't know how we'll ever recover from this, guys.

791
00:47:15,278 --> 00:47:16,318
I truly do not.

792
00:47:16,578 --> 00:47:18,778
Let's go back and check the old Noster livestream.

793
00:47:19,198 --> 00:47:20,798
Thank you for everyone who's here on Noster.

794
00:47:21,398 --> 00:47:22,459
I appreciate you guys.

795
00:47:22,638 --> 00:47:22,979
Let's see.

796
00:47:23,059 --> 00:47:24,158
What else do we have here?

797
00:47:24,959 --> 00:47:25,318
Oh, no.

798
00:47:25,378 --> 00:47:27,059
This is a lot of messages for me to read.

799
00:47:27,178 --> 00:47:28,419
I don't know if I can read this many messages.

800
00:47:28,858 --> 00:47:29,358
It's a lot.

801
00:47:29,499 --> 00:47:30,198
Double cheeseburger.

802
00:47:30,298 --> 00:47:31,539
How many sats in McDonald's?

803
00:47:31,559 --> 00:47:32,398
I don't know what that means.

804
00:47:32,959 --> 00:47:33,778
I don't know what that means.

805
00:47:34,098 --> 00:47:37,378
But it is just wild to see where we're at right now.

806
00:47:37,378 --> 00:47:45,378
Like the fact that, uh, I don't know how many of you guys were around during the depths of the bear market in 2022.

807
00:47:45,378 --> 00:47:51,298
Like, so Carl and I started making our short form content in 2021 as it was like summer 2021.

808
00:47:51,298 --> 00:47:58,138
So it was as Bitcoin was blowing off, uh, it's, it's kind of, it's tops basically.

809
00:47:59,258 --> 00:48:03,318
It was at that point we started making this content because we were like, everybody's being so serious.

810
00:48:03,318 --> 00:48:08,598
everybody's taking like everybody's taking everything so seriously everybody is like

811
00:48:08,598 --> 00:48:14,078
everybody's down in the dumps like we need to bring some some levity some lightness to this

812
00:48:14,078 --> 00:48:18,378
bitcoin ecosystem we've been lurking on twitter it was still twitter at that point for a while

813
00:48:18,378 --> 00:48:24,278
before that and like let's just just start let's make a let's make a video just about

814
00:48:24,278 --> 00:48:31,738
types of bitcoin haters right it just blew up like it really blew up like oh shit like people

815
00:48:31,738 --> 00:48:38,198
people seem to like that. That's cool. Okay, fine. And then it was like, okay,

816
00:48:39,298 --> 00:48:43,758
we kept making videos. They kept blowing up. Eventually we stopped making them on TikTok

817
00:48:43,758 --> 00:48:49,618
because that's where we started because TikTok shadow banned us for talking about COVID,

818
00:48:50,539 --> 00:48:56,318
which like, you know, shocker. But it's wild because we started making these things

819
00:48:56,318 --> 00:49:00,398
as we got into the bear market, kept making them in the depth of the bear market, you know,

820
00:49:00,398 --> 00:49:04,858
through 2022 and 2023 and basically kept making them until Carla was a few

821
00:49:04,858 --> 00:49:05,798
months into her pregnancy.

822
00:49:06,658 --> 00:49:08,198
And then she was the one doing all the editing.

823
00:49:08,358 --> 00:49:08,758
So we were like,

824
00:49:08,878 --> 00:49:09,898
she was like,

825
00:49:10,398 --> 00:49:10,959
I'm like,

826
00:49:10,979 --> 00:49:11,798
I'm not doing this anymore.

827
00:49:11,838 --> 00:49:12,298
I don't want to,

828
00:49:12,419 --> 00:49:13,919
I don't want to do this anymore.

829
00:49:13,979 --> 00:49:15,098
I'm super pregnant.

830
00:49:15,258 --> 00:49:16,098
I just want to focus on that.

831
00:49:16,198 --> 00:49:16,559
And I was like,

832
00:49:16,598 --> 00:49:16,818
yes,

833
00:49:16,898 --> 00:49:17,158
good.

834
00:49:17,459 --> 00:49:19,138
Perfect time for me to start a podcast.

835
00:49:19,398 --> 00:49:20,178
And it was,

836
00:49:20,578 --> 00:49:22,658
but man,

837
00:49:22,758 --> 00:49:25,539
it's wild to think about where we've come from.

838
00:49:25,539 --> 00:49:29,218
Like even just in a couple of years when Bitcoin was crashing for anyone that

839
00:49:29,218 --> 00:49:35,959
was here for it. When Bitcoin was crashing around 106, or excuse me, Jesus, when it was crashing at

840
00:49:35,959 --> 00:49:43,098
like 16,000 infinitely printable fiat cuck buck petrodollars per Bitcoin, the vibes were rough.

841
00:49:43,378 --> 00:49:51,118
The vibes were rough in the sense that every, every random Bitcoin hater was coming out to dunk,

842
00:49:51,378 --> 00:49:55,559
right? They were coming out to, oh, I told you. Like, you know, you had the retards being like,

843
00:49:55,559 --> 00:50:00,019
yeah, Bitcoin's going to zero, maybe even negative zero.

844
00:50:00,758 --> 00:50:05,019
What's that one guy, Peter Zeyhon or whatever?

845
00:50:06,519 --> 00:50:09,539
Geopolitical macro strategist guy who's super smart,

846
00:50:09,999 --> 00:50:12,678
but is just in actuality a big dumb retard.

847
00:50:13,598 --> 00:50:14,738
Many such cases.

848
00:50:15,039 --> 00:50:18,618
My point being like, for those of us that were there,

849
00:50:18,738 --> 00:50:24,539
we remember very well like everyone's telling you you were wrong.

850
00:50:24,539 --> 00:50:29,919
everyone's telling you and the people that have been in bitcoin for a few cycles obviously know

851
00:50:29,919 --> 00:50:34,539
this super well i i'm not one of those people who's been in for a few cycles i've again only

852
00:50:34,539 --> 00:50:40,818
been in for like one full cycle now like i got it in 2020 right like i'm you know i was quote at

853
00:50:40,818 --> 00:50:46,378
that time like very late um but now i feel very early and anyone getting in now is still really

854
00:50:46,378 --> 00:50:52,218
early that's a beautiful thing but man it's like cheers to everybody who has actually held out

855
00:50:52,218 --> 00:50:55,738
from the depths of the bear market because it's not easy.

856
00:50:56,178 --> 00:50:58,479
And so many people, I'm sure so many people in,

857
00:50:58,939 --> 00:50:59,798
if you're listening to this right now,

858
00:50:59,838 --> 00:51:03,158
so many people in your everyday real world life

859
00:51:03,158 --> 00:51:06,138
have probably already started to say,

860
00:51:06,238 --> 00:51:07,039
oh, you got lucky.

861
00:51:07,039 --> 00:51:10,738
You got lucky that you were holding Bitcoin.

862
00:51:12,198 --> 00:51:14,999
You just bought at the right time.

863
00:51:15,138 --> 00:51:17,519
And of course, if I would have just bought at the right time,

864
00:51:17,698 --> 00:51:21,019
I'd be on the gravy train too.

865
00:51:21,019 --> 00:51:23,519
But the reality is that it's like, no, you didn't get lucky.

866
00:51:24,878 --> 00:51:26,658
Luck has nothing to do with this.

867
00:51:26,878 --> 00:51:28,578
It's hard to hold Bitcoin.

868
00:51:28,858 --> 00:51:31,178
It's hard to hold Bitcoin and do nothing.

869
00:51:31,598 --> 00:51:36,118
It's hard to just like, it's hard to just sit on your hands and not fuck it up.

870
00:51:37,078 --> 00:51:41,479
It's really hard to just be like, you know what?

871
00:51:41,798 --> 00:51:43,178
Bitcoin's doing what Bitcoin's doing.

872
00:51:43,539 --> 00:51:46,358
I'm just going to stick my hands under my ass.

873
00:51:46,539 --> 00:51:48,898
I'm just not going to, I'm not going to try to trade this.

874
00:51:48,919 --> 00:51:49,678
I'm not going to try to do anything.

875
00:51:49,678 --> 00:51:50,778
You know what?

876
00:51:50,818 --> 00:51:53,078
I'm just going to focus on my craft.

877
00:51:53,158 --> 00:51:54,258
I'm going to focus on creating value.

878
00:51:54,318 --> 00:51:55,419
I'm going to focus on my family.

879
00:51:56,358 --> 00:51:58,178
I'm going to keep dollar cost averaging.

880
00:51:58,798 --> 00:51:59,878
And that's what I'm going to do.

881
00:52:00,578 --> 00:52:02,499
But that's hard.

882
00:52:02,979 --> 00:52:05,098
Like that's really hard to do.

883
00:52:05,718 --> 00:52:07,838
And that's why most people don't do it.

884
00:52:08,138 --> 00:52:10,198
Because that takes an insane level of conviction.

885
00:52:10,419 --> 00:52:14,959
So if you are here and you have been stacking from the depths of the bear market,

886
00:52:14,959 --> 00:52:17,499
from when everyone was calling you a retard

887
00:52:17,499 --> 00:52:21,258
for your magic internet money going to zero.

888
00:52:22,338 --> 00:52:25,118
Just remember, now you can call them retards.

889
00:52:25,838 --> 00:52:27,718
You can be like, listen, retard,

890
00:52:27,718 --> 00:52:31,378
I told you, I told you to buy Bitcoin

891
00:52:31,378 --> 00:52:33,939
when it was dipping way, way, way down low.

892
00:52:34,838 --> 00:52:35,858
And that's the funny thing.

893
00:52:36,559 --> 00:52:40,638
Everybody always comes to you in the meat space,

894
00:52:40,758 --> 00:52:43,718
in your IRL friends sphere.

895
00:52:44,959 --> 00:52:48,638
They always come to you when Bitcoin is ripping.

896
00:52:49,118 --> 00:52:53,638
They never come asking about buying Bitcoin when it's dipping, right?

897
00:52:53,698 --> 00:52:56,838
It's never when Bitcoin is on sale that they're like, I'd like to buy some Bitcoin.

898
00:52:56,959 --> 00:53:03,959
It's like, it's when Bitcoin is, relatively speaking, the most expensive that everybody comes knocking at your door saying, oh, you still into that Bitcoin thing?

899
00:53:04,039 --> 00:53:08,939
And you're like, yeah, like I've been telling you to buy since it was, you know, like a fifth of this price, but okay.

900
00:53:10,278 --> 00:53:11,198
But that's okay.

901
00:53:12,559 --> 00:53:13,298
That's okay.

902
00:53:13,298 --> 00:53:19,439
because you deserve to have more Bitcoin than your friends who didn't listen to you.

903
00:53:19,898 --> 00:53:21,939
You deserve it, my fellow pleb.

904
00:53:22,238 --> 00:53:23,858
Like, you genuinely deserve that.

905
00:53:24,198 --> 00:53:28,858
If you have been stacking sats as you create value

906
00:53:28,858 --> 00:53:32,138
and just trying to do the best that you possibly can

907
00:53:32,138 --> 00:53:33,658
and staying relatively humble,

908
00:53:33,919 --> 00:53:35,979
as Adele would say, you know, you're humble enough now.

909
00:53:36,439 --> 00:53:36,939
Like, it's okay.

910
00:53:36,959 --> 00:53:37,818
Just don't fucking dance.

911
00:53:37,818 --> 00:53:40,338
But, like, well done.

912
00:53:41,479 --> 00:53:42,999
You've done insanely well.

913
00:53:43,298 --> 00:53:44,398
And you know what?

914
00:53:44,738 --> 00:53:46,459
Yeah, your friends should have listened to you.

915
00:53:47,138 --> 00:53:48,138
Like they should have.

916
00:53:48,499 --> 00:53:49,378
And they didn't.

917
00:53:49,898 --> 00:53:51,678
And they're going to kick themselves for it.

918
00:53:52,138 --> 00:53:56,758
And probably, probably some of them are going to hate you for it.

919
00:53:57,258 --> 00:53:59,698
They're going to hate you because they didn't listen to you.

920
00:54:00,278 --> 00:54:08,138
And something American HODL talks about like a lot is that it's very natural that you would get estranged from some friends.

921
00:54:08,138 --> 00:54:13,738
and I like I'm looking to say like I've had a number of my buddies I think I've known for

922
00:54:13,738 --> 00:54:18,318
like over you know over a decade now like friend uh you know good friends from college that I've

923
00:54:18,318 --> 00:54:25,238
known for a long time now who have actually been stacking sats and like initially were very

924
00:54:25,238 --> 00:54:32,298
on the fence about it because like I'm I'm an engineer a lot of my buddies are finance guys

925
00:54:32,298 --> 00:54:39,158
like great guys, super smart guys, but it's like, I'm not going to learn from the engineering nerd

926
00:54:39,158 --> 00:54:43,838
about the magic internet money. Right. But a lot of them came around to it and started stacking.

927
00:54:43,939 --> 00:54:48,419
And I'm so glad they did because it's like, that's what you want. Right. As a Bitcoiner,

928
00:54:48,559 --> 00:54:55,019
I think it's, at least for me, I've stopped trying to orange pill the world in my day-to-day

929
00:54:55,019 --> 00:54:59,858
interactions. I try to orange pill the world through my podcast, right? That's, you know,

930
00:54:59,858 --> 00:55:00,559
That's the goal.

931
00:55:00,678 --> 00:55:01,999
That's what a podcast is there for.

932
00:55:02,358 --> 00:55:05,599
But in my day-to-day interactions, it's like, what do I care about?

933
00:55:05,638 --> 00:55:06,439
What do I prioritize?

934
00:55:06,439 --> 00:55:19,599
I prioritize trying to make sure that my immediate family and that my dearest friends grok Bitcoin, save the value of their time and energy in Bitcoin.

935
00:55:20,559 --> 00:55:23,079
And that's it, right?

936
00:55:23,258 --> 00:55:23,898
That's it.

937
00:55:24,278 --> 00:55:25,398
That's what I want to see.

938
00:55:25,678 --> 00:55:29,318
I want to see the people that I care about most saving in Bitcoin.

939
00:55:29,858 --> 00:55:34,439
and if you can get to that point where most of the people that you care about most

940
00:55:34,439 --> 00:55:39,258
are saving in Bitcoin, bravo, hats off.

941
00:55:39,398 --> 00:55:40,559
That's an incredible thing.

942
00:55:41,099 --> 00:55:41,878
It's not easy.

943
00:55:42,358 --> 00:55:44,338
It is really not easy, but if you've gotten there,

944
00:55:45,338 --> 00:55:47,559
kudos to you, sir or madam.

945
00:55:48,039 --> 00:55:49,318
That is fantastic.

946
00:55:50,158 --> 00:55:50,499
And you know what?

947
00:55:50,519 --> 00:55:51,999
Let's go back to this old price chart here.

948
00:55:52,318 --> 00:55:59,298
$125,142, infinitely printable, war financing,

949
00:55:59,298 --> 00:56:07,519
fiat cuck bucks per Bitcoin. Wow. Wow. What a day. What a day. What a night.

950
00:56:08,818 --> 00:56:15,258
12.20 a.m. here in the middle of the good old U.S. of A. I don't know where it is where you're

951
00:56:15,258 --> 00:56:19,678
listening, but cheers to you. Have some more of this ice cold refreshing Miller Lite. If there's

952
00:56:19,678 --> 00:56:24,378
anybody who represents Miller Lite here listening, please sponsor me and send me a palette of Miller

953
00:56:24,378 --> 00:56:29,838
light. I will work in kind for your delicious beverage. All right. I don't know how long I'm

954
00:56:29,838 --> 00:56:32,979
going to go here, guys, but I'm going to go long enough. Let's see what else. Oh, that's,

955
00:56:33,158 --> 00:56:38,838
let's see what we have here. The McRib returns is truly just insane. How's the Turkish lira

956
00:56:38,838 --> 00:56:47,718
versus Bitcoin doing right now? Pretty solid. Pretty damn solid. Look at that. Dude, look,

957
00:56:47,798 --> 00:56:52,178
I mean, I'm sorry, but if you look at this chart, this Turkish lira chart, it's like,

958
00:56:52,178 --> 00:56:54,338
this is going one way.

959
00:56:54,758 --> 00:56:56,638
This is what I love so much about Bitcoin

960
00:56:56,638 --> 00:56:59,479
is that Bitcoin is just like,

961
00:56:59,939 --> 00:57:02,318
it's a truth machine, right?

962
00:57:02,419 --> 00:57:03,658
It is letting you know

963
00:57:03,658 --> 00:57:06,398
what is actually reality.

964
00:57:06,698 --> 00:57:08,298
It is letting you know

965
00:57:08,298 --> 00:57:10,818
it is the true measuring stick.

966
00:57:11,479 --> 00:57:13,218
It is the unit of account.

967
00:57:13,738 --> 00:57:16,419
The US dollar is a terrible unit of account

968
00:57:16,419 --> 00:57:18,718
because it's constantly inflating.

969
00:57:18,718 --> 00:57:20,278
It's constantly being debased.

970
00:57:20,758 --> 00:57:23,258
There's just, there's no way it's a good unit of account.

971
00:57:23,579 --> 00:57:24,698
It's the best one we have.

972
00:57:24,778 --> 00:57:26,658
Again, it's the skinniest kid at fat camp.

973
00:57:26,798 --> 00:57:28,539
It's the prettiest horse at the glue factory.

974
00:57:28,798 --> 00:57:31,338
It's insert other analogy, whatever.

975
00:57:31,738 --> 00:57:33,039
But it's, but it's terrible.

976
00:57:33,559 --> 00:57:39,638
Like you're trying to measure something with a measuring stick that's made of rubber.

977
00:57:39,638 --> 00:57:43,979
Like it's, it expands and contracts and it's just like, it's just terrible.

978
00:57:44,278 --> 00:57:44,919
Enter Bitcoin.

979
00:57:45,459 --> 00:57:48,778
You got a measuring stick that is completely static.

980
00:57:48,778 --> 00:57:55,479
it's like the measuring stick is 21 million that's it god that is just a that is a beautiful

981
00:57:55,479 --> 00:58:00,878
thing and i feel like we it's going to take us humans a long time for us actually to wrap our

982
00:58:00,878 --> 00:58:09,158
our minds around that i don't i don't think it's it's if it were actually self-evident it would be

983
00:58:09,158 --> 00:58:13,099
self-evident like people would already be paying attention but they're not like most of the world

984
00:58:13,099 --> 00:58:19,638
isn't. That's the incredible thing right now. You've got, you've got a thousand trillion dollars

985
00:58:19,638 --> 00:58:26,738
worth of global wealth, uh, denominated in various assets, whether that be, uh, you know,

986
00:58:26,738 --> 00:58:36,519
just like money, uh, liquid, uh, uh, real estate, gold collectibles, bonds, et cetera, et cetera.

987
00:58:36,519 --> 00:58:38,298
a thousand trillion roughly.

988
00:58:39,618 --> 00:58:42,738
And Jesse Myers-Crosius is a great, great chart on this.

989
00:58:43,118 --> 00:58:44,539
You should check it out if you haven't already.

990
00:58:44,559 --> 00:58:45,338
You've probably seen it though,

991
00:58:45,358 --> 00:58:47,898
because like even sailors used this chart from Jesse.

992
00:58:49,178 --> 00:58:52,278
You got a thousand trillion in global wealth.

993
00:58:53,178 --> 00:58:56,818
Bitcoin is two trillion, two trillion dollars.

994
00:58:56,818 --> 00:59:02,439
And that may sound like a lot, because it is.

995
00:59:02,718 --> 00:59:06,479
It's one of the biggest assets in the world, right?

996
00:59:06,519 --> 00:59:10,079
Bitcoin is, which is incredible because it's just magic internet money, right?

997
00:59:10,638 --> 00:59:11,218
That's incredible.

998
00:59:11,559 --> 00:59:13,218
But at the same time, it's nothing.

999
00:59:13,658 --> 00:59:14,638
It is nothing.

1000
00:59:14,999 --> 00:59:18,718
I mean, it's over 10x smaller than gold.

1001
00:59:19,999 --> 00:59:22,218
And gold is great.

1002
00:59:22,738 --> 00:59:25,979
Gold's been fantastic money for thousands of years.

1003
00:59:26,519 --> 00:59:27,439
Hats off to gold.

1004
00:59:29,019 --> 00:59:30,718
Gold's been ripping recently too.

1005
00:59:30,838 --> 00:59:34,878
I'm super happy for Peter Schiff and all of his buddies.

1006
00:59:35,198 --> 00:59:36,099
That's fantastic.

1007
00:59:36,099 --> 00:59:37,039
They needed a win.

1008
00:59:37,158 --> 00:59:38,638
They really needed a win.

1009
00:59:38,758 --> 00:59:41,818
But like Bitcoin's just better money.

1010
00:59:42,698 --> 00:59:44,138
It's just better money.

1011
00:59:45,358 --> 00:59:46,178
It's not a,

1012
00:59:46,358 --> 00:59:47,378
like it's not,

1013
00:59:47,459 --> 00:59:48,818
it's not even a debatable thing.

1014
00:59:48,818 --> 00:59:49,278
It's just,

1015
00:59:49,278 --> 00:59:50,278
that is fact.

1016
00:59:50,358 --> 00:59:51,898
Bitcoin is better money than gold.

1017
00:59:52,579 --> 00:59:58,738
Bitcoin will eclipse gold's market cap in short order.

1018
00:59:59,278 --> 00:59:59,718
So that's it.

1019
01:00:00,059 --> 01:00:02,818
It's an over a 10 X to eclipse gold's market cap.

1020
01:00:02,919 --> 01:00:04,298
Roughly a gold's market cap.

1021
01:00:04,298 --> 01:00:06,358
Bitcoin's at a million dollars a coin.

1022
01:00:06,479 --> 01:00:10,519
I think that takes less time to get there than people think.

1023
01:00:10,519 --> 01:00:16,758
I mean, I don't think it's going to happen this year, maybe.

1024
01:00:17,019 --> 01:00:18,519
But I don't think it's going to take that long.

1025
01:00:18,559 --> 01:00:23,878
I don't think it's going to take that long for the world to wake up to the fact that

1026
01:00:23,878 --> 01:00:25,318
Bitcoin is perfect money.

1027
01:00:26,718 --> 01:00:28,778
That gold's great, but it's inferior.

1028
01:00:30,059 --> 01:00:33,919
That real estate is great if you're looking for a house to live in and raise a family.

1029
01:00:33,919 --> 01:00:38,378
If you're looking for a utility value out of a house, that house is great for that.

1030
01:00:38,419 --> 01:00:39,479
You can't live in a Bitcoin.

1031
01:00:39,798 --> 01:00:41,039
You can't do it.

1032
01:00:42,158 --> 01:00:42,939
You need a house.

1033
01:00:44,079 --> 01:00:48,798
But real estate's a terrible investment relative to Bitcoin.

1034
01:00:50,318 --> 01:00:54,858
Everything's a terrible investment relative to Bitcoin because Bitcoin is just sound money.

1035
01:00:55,318 --> 01:00:57,519
Now, okay, I shouldn't say everything's a terrible investment.

1036
01:00:57,519 --> 01:01:05,398
obviously even on a bitcoin standard you're going to want to invest in companies and in ideas

1037
01:01:05,398 --> 01:01:12,059
that you think are valuable so i should choose my words more carefully excuse me it's blame it on

1038
01:01:12,059 --> 01:01:17,138
the miller lights people who think that like somehow under a bitcoin standard there's like

1039
01:01:17,138 --> 01:01:25,318
that every like how do i put this it is not the case that everything that is not bitcoin

1040
01:01:25,318 --> 01:01:27,698
is a scam.

1041
01:01:29,099 --> 01:01:31,638
Like if you truly believe that to be true,

1042
01:01:31,738 --> 01:01:33,898
like, oh, anyone who invests in anything but Bitcoin,

1043
01:01:34,378 --> 01:01:36,298
they're a scammer or they're investing in a scam.

1044
01:01:36,718 --> 01:01:37,519
That's just not true.

1045
01:01:37,579 --> 01:01:38,519
Now I'm not talking about shitcoins.

1046
01:01:38,618 --> 01:01:39,398
Shitcoins are a scam.

1047
01:01:39,579 --> 01:01:39,798
Yes.

1048
01:01:40,338 --> 01:01:42,638
What I'm talking about is the fact that,

1049
01:01:42,638 --> 01:01:46,599
of course you're going to have investments

1050
01:01:46,599 --> 01:01:47,778
in things that aren't Bitcoin.

1051
01:01:49,079 --> 01:01:51,198
Like if everybody only bought Bitcoin

1052
01:01:51,198 --> 01:01:52,898
and nobody ever started businesses

1053
01:01:52,898 --> 01:01:55,278
or raised capital for those businesses

1054
01:01:55,278 --> 01:01:56,919
or did anything like that,

1055
01:01:56,999 --> 01:01:58,919
like what then,

1056
01:01:59,238 --> 01:01:59,898
what are we even doing?

1057
01:01:59,898 --> 01:02:01,158
We're not doing anything, right?

1058
01:02:01,318 --> 01:02:03,618
Like there's no actual,

1059
01:02:04,238 --> 01:02:07,138
there's nothing of value being created.

1060
01:02:07,479 --> 01:02:10,579
Like what is important to realize

1061
01:02:10,579 --> 01:02:12,678
is that Bitcoin is, you know,

1062
01:02:12,778 --> 01:02:13,618
quote the hurdle, right?

1063
01:02:13,678 --> 01:02:15,238
It's been very popular to say now,

1064
01:02:15,318 --> 01:02:15,878
but it's true.

1065
01:02:16,919 --> 01:02:18,318
If you're thinking about investing

1066
01:02:18,318 --> 01:02:18,898
in something else,

1067
01:02:18,898 --> 01:02:19,479
you should think,

1068
01:02:19,479 --> 01:02:21,298
is this investment going to beat

1069
01:02:21,298 --> 01:02:23,178
me just holding Bitcoin?

1070
01:02:24,338 --> 01:02:25,178
And in most cases,

1071
01:02:25,178 --> 01:02:30,658
the answer is probably no, the investment isn't going to. But this is great. This is why Bitcoin,

1072
01:02:30,798 --> 01:02:34,638
one of the other incredible things about Bitcoin is that it actually incentivizes

1073
01:02:34,638 --> 01:02:42,358
good investments. It disincentivizes malinvestment. It disincentivizes scams and people dumping their

1074
01:02:42,358 --> 01:02:48,658
money into real estate or into penny stocks or whatever else. It disincentivizes so much of that

1075
01:02:48,658 --> 01:02:52,079
because you can just hold Bitcoin and you can do incredibly well.

1076
01:02:52,459 --> 01:02:56,519
Now, if you want to invest in a Bitcoin startup,

1077
01:02:56,818 --> 01:02:59,618
in anything, in some brick and mortar business,

1078
01:02:59,658 --> 01:03:01,738
whatever you want to do, by all means, go for it.

1079
01:03:02,738 --> 01:03:06,579
But be aware of the fact that your hurdle rate

1080
01:03:06,579 --> 01:03:10,039
is Bitcoin's compound annual growth rate.

1081
01:03:10,479 --> 01:03:12,158
And that's really hard to beat.

1082
01:03:13,278 --> 01:03:14,738
And I think Bitcoiners are aware of that.

1083
01:03:15,318 --> 01:03:17,019
But in a hyper-Bitcoinized future,

1084
01:03:17,019 --> 01:03:19,898
it's like we're still going to have loans and credit.

1085
01:03:20,338 --> 01:03:22,939
We're still going to have investment, obviously,

1086
01:03:23,358 --> 01:03:24,778
in things that aren't just Bitcoin

1087
01:03:24,778 --> 01:03:27,858
because at that point, Bitcoin is ubiquitous.

1088
01:03:28,019 --> 01:03:29,138
Bitcoin is the money.

1089
01:03:30,358 --> 01:03:31,718
And when Bitcoin is the money,

1090
01:03:31,818 --> 01:03:33,939
obviously you're going to invest your money in things.

1091
01:03:34,758 --> 01:03:36,858
Like what a wonderful world that will be.

1092
01:03:36,919 --> 01:03:38,258
I don't know if I'm going to see that world.

1093
01:03:38,499 --> 01:03:42,798
Like that may be the world that my son grows up in.

1094
01:03:43,158 --> 01:03:45,079
I hope that's the world my son grows up in.

1095
01:03:45,079 --> 01:03:50,898
it's wild to think about that it's wild to think about what does the future actually look like for

1096
01:03:50,898 --> 01:03:54,858
the generation of our children what does that actually

1097
01:03:54,858 --> 01:04:00,238
realistically what does that look like and i hope it looks really good

1098
01:04:00,238 --> 01:04:07,479
i think we're going to enter a period of intense intense turmoil i think things are going to get

1099
01:04:07,479 --> 01:04:13,278
really fucking messy and really nasty, a lot of people are going to get hurt.

1100
01:04:14,198 --> 01:04:20,979
And many, many, many fiat currencies are going to fail. And through that process of fiat currencies,

1101
01:04:21,079 --> 01:04:26,198
hyperinflating and failing, a lot of people will get hurt, but I'm ultimately bullish on humanity.

1102
01:04:26,198 --> 01:04:31,579
And I'm hopeful because we do have Bitcoin. We do have a way to break the cycle. Like the cycle,

1103
01:04:31,579 --> 01:04:39,959
this is i was uh i was talking to uh jeff booth about this not on a bitcoin podcast but it should

1104
01:04:39,959 --> 01:04:44,118
have been a bitcoin podcast everything should be a bitcoin podcast but i was talking to jeff

1105
01:04:44,118 --> 01:04:47,618
about this because he's somebody that i just i really look up to i really admire the price of

1106
01:04:47,618 --> 01:04:51,439
tomorrow is a book that like i thought i was deep down the bitcoin rabbit hole and then i read the

1107
01:04:51,439 --> 01:04:57,778
price of tomorrow and read jeff saying you know the natural state of the free market is deflation

1108
01:04:57,778 --> 01:05:04,298
technology is naturally deflationary. And I was like, Oh my God. But I was talking with Jeff and

1109
01:05:04,298 --> 01:05:09,238
I was running this theory I had by him that we have this cyclical convergence. This, it was,

1110
01:05:09,238 --> 01:05:14,358
it's basically what I'm calling my super cycle theory essentially, which is that

1111
01:05:14,358 --> 01:05:22,459
we're at this point in time right now where we have a convergence of a ton of different cycles.

1112
01:05:22,459 --> 01:05:25,099
So the fourth turning is the obvious one, right?

1113
01:05:25,698 --> 01:05:29,398
This is the one that everybody's heard of the fourth turning, right?

1114
01:05:30,519 --> 01:05:31,898
But we have a bunch of other ones.

1115
01:05:31,999 --> 01:05:36,298
We've got these chondratative waves, which are economic cycles of capitalism.

1116
01:05:36,858 --> 01:05:40,118
It's a Russian guy, a Soviet, actually, that came up with this.

1117
01:05:41,238 --> 01:05:45,718
He was killed for espousing this theory.

1118
01:05:45,798 --> 01:05:48,099
The theory only came to light many decades later.

1119
01:05:48,099 --> 01:05:54,118
But we're nearing a change in chondratative waves as well.

1120
01:05:54,539 --> 01:06:11,559
We're, in my opinion, if we look at this from the perspective of Polybius, who was a Greek philosopher and historian, his anticyclosis theory, we're nearing the point of democracy descending into mob rule.

1121
01:06:11,559 --> 01:06:20,798
which is right at the end before it switches back to the beginning again which is uh basically a

1122
01:06:20,798 --> 01:06:29,198
strong leader a monarch emerges and pulls the mob out of chaos with you know an iron fist but also

1123
01:06:29,198 --> 01:06:35,178
like uh into a very glorious era okay do we and this isn't a endorsement of monarchy by any means

1124
01:06:35,178 --> 01:06:37,519
This is just another cyclical theory.

1125
01:06:38,099 --> 01:06:45,798
And that goes from monarchy to dictatorship to aristocracy to oligarchy to democracy to

1126
01:06:45,798 --> 01:06:51,338
oglocracy, oglocracy being mob rule, and then back again to monarchy to dictatorship

1127
01:06:51,338 --> 01:06:58,539
to aristocracy to oligarchy to democracy to oglocracy, and again, back again.

1128
01:06:58,858 --> 01:07:01,178
So that's Polybius' anticyclosis.

1129
01:07:01,178 --> 01:07:06,959
And you got Ray Dalio's long-term debt cycles, which also seem to be coming to a head right now.

1130
01:07:07,178 --> 01:07:18,778
You've got fiat currency life cycles, which also like the US dollar is kind of operating on borrowed time right now when it comes to a fiat currency life cycle.

1131
01:07:19,099 --> 01:07:22,099
And there's probably another couple of cycles that I'm forgetting.

1132
01:07:22,758 --> 01:07:28,099
But the point being that we're at this point of cyclical convergence.

1133
01:07:28,099 --> 01:07:35,318
we're at this we're creating this super cycle right now and what does that actually mean for

1134
01:07:35,318 --> 01:07:42,618
what happens next it's going to get messy it's going to get dark it's undoubtedly going to get

1135
01:07:42,618 --> 01:07:49,238
violent that is just like of course that's going to happen but how do you make it through and

1136
01:07:49,238 --> 01:07:56,658
when i when i brought this up to jeff i asked him i was like and so like how do you like what

1137
01:07:56,658 --> 01:08:01,118
happens afterwards it just starts all over again you know it's naturally it would just start all

1138
01:08:01,118 --> 01:08:04,398
over again and we'll do this again but we'll you know maybe we'll extend this life cycle he says

1139
01:08:04,398 --> 01:08:13,979
no like walker but we broke this cycle now because bitcoin exists of course it was like i'd had some

1140
01:08:13,979 --> 01:08:20,778
drinks at this point too but i was like okay okay so we don't necessarily have to fall back into

1141
01:08:20,778 --> 01:08:29,398
these cycles because Bitcoin exists. We don't necessarily have to go back into this history,

1142
01:08:29,939 --> 01:08:34,539
you know, not repeating itself, but rhyming over and over and over again, ad nauseum,

1143
01:08:35,338 --> 01:08:43,238
grinding the average person into the dust because Bitcoin exists. And also like AI exists,

1144
01:08:43,318 --> 01:08:48,479
like that's another X factor in all of this, right? That the folks composing these theories

1145
01:08:48,479 --> 01:08:50,818
obviously could not have even conceptualized,

1146
01:08:50,858 --> 01:08:53,579
especially like Polybius, you know, a couple thousand years ago in Greece.

1147
01:08:54,059 --> 01:08:55,378
He wasn't thinking about AI.

1148
01:08:55,618 --> 01:08:56,539
I don't think so, at least.

1149
01:08:57,979 --> 01:09:01,238
But that was an interesting switch for me.

1150
01:09:01,298 --> 01:09:06,439
It was realizing that, yes, all of these cycles are coming to a head right now.

1151
01:09:06,439 --> 01:09:12,418
But on the other side of what will be a chaotic period,

1152
01:09:12,679 --> 01:09:13,698
we have a new dawn.

1153
01:09:14,759 --> 01:09:17,778
We have something that's never been seen before.

1154
01:09:18,479 --> 01:09:29,798
Like we have a new paradigm that we will operate under because we have Bitcoin.

1155
01:09:30,118 --> 01:09:34,698
And that sounds kind of like, you know, like floofy and esoteric and whatever.

1156
01:09:34,698 --> 01:09:37,378
But like, I genuinely think it's true.

1157
01:09:37,658 --> 01:09:39,179
We've never had anything like Bitcoin.

1158
01:09:39,278 --> 01:09:41,539
We've never had perfect money.

1159
01:09:41,539 --> 01:09:45,898
We've never had a truly free market for any meaningful length of time.

1160
01:09:45,898 --> 01:09:53,118
for short periods of time, but any time that the money is controlled by a central group of people,

1161
01:09:53,118 --> 01:09:57,719
you can't possibly have a free market. You can't have a free market if you don't have a free market

1162
01:09:57,719 --> 01:10:04,078
in money. Bitcoin enables a free market in everything else because it is a free market

1163
01:10:04,078 --> 01:10:20,777
for money That the beauty of it right And so I don know I think that that a super meaningful thing It very heartening to know that while we may go through a period of incredible upheaval

1164
01:10:21,357 --> 01:10:24,197
and it may get really dark for a while,

1165
01:10:24,917 --> 01:10:26,697
I'm not ruling that out, right?

1166
01:10:26,757 --> 01:10:28,917
Like you should, I'm not trying to fear monger here,

1167
01:10:28,977 --> 01:10:36,257
but you should very much be prepared for what may be a dark period to come.

1168
01:10:36,257 --> 01:10:38,217
Or not, it might be just fine.

1169
01:10:38,217 --> 01:10:41,697
but like, I don't know, look around at what's happening in the world right now.

1170
01:10:42,037 --> 01:10:46,117
Look at all the totalitarian laws that are being introduced.

1171
01:10:46,297 --> 01:10:47,457
Look at what's happening in Europe.

1172
01:10:47,597 --> 01:10:49,057
Look what's happening in the UK.

1173
01:10:49,597 --> 01:10:52,997
Like, as just, like, those are canaries in the coal mine right now.

1174
01:10:54,217 --> 01:10:55,277
Like, fuck.

1175
01:10:56,277 --> 01:10:57,637
It doesn't look good.

1176
01:10:57,957 --> 01:11:01,857
There's a great book by a French guy, Jean-Francois Revelle,

1177
01:11:02,657 --> 01:11:04,437
The Totalitarian Temptation.

1178
01:11:04,437 --> 01:11:06,917
and it's like

1179
01:11:06,917 --> 01:11:09,757
you should be able to find some copies

1180
01:11:09,757 --> 01:11:11,857
I think actually you can probably find it on Amazon

1181
01:11:11,857 --> 01:11:13,637
the copy I have was like

1182
01:11:13,637 --> 01:11:15,857
has a stamp from a local public library

1183
01:11:15,857 --> 01:11:16,417
on it

1184
01:11:16,417 --> 01:11:18,617
it's a great book though

1185
01:11:18,617 --> 01:11:21,837
my father-in-law who escaped communism told me to read it

1186
01:11:21,837 --> 01:11:24,017
it's incredible

1187
01:11:24,017 --> 01:11:28,097
the totalitarian temptation is ultimately very strong

1188
01:11:28,097 --> 01:11:30,357
the temptation to centralized power

1189
01:11:30,357 --> 01:11:31,177
is very strong

1190
01:11:31,177 --> 01:11:33,797
the temptation to

1191
01:11:34,437 --> 01:11:39,617
exercise that power over others to exert your own will is very strong.

1192
01:11:40,257 --> 01:11:46,897
There's an incredible quote in the book that you should tell to all your socialist retard friends.

1193
01:11:48,157 --> 01:11:54,097
One often wonders what would become of socialism if capitalism wasn't there to support it.

1194
01:11:54,737 --> 01:11:58,097
And I love that quote because it's just like, it's true.

1195
01:11:58,817 --> 01:12:02,317
Anyone who tries to talk about the socialist ideal in the modern sense,

1196
01:12:02,317 --> 01:12:09,517
Well, look at Norway or look at any of these incredibly homogenous Scandinavian countries or look at whatever else.

1197
01:12:10,057 --> 01:12:14,857
It's like that's only possible because capitalism is also there to support it.

1198
01:12:16,297 --> 01:12:18,677
We all know that socialism doesn't work.

1199
01:12:18,857 --> 01:12:22,777
This is a sidebar, but I'm rambling and I'm here by myself.

1200
01:12:22,857 --> 01:12:24,237
Nobody's here to check me, so whatever.

1201
01:12:25,757 --> 01:12:29,577
You should treat communists worse than you treat Nazis.

1202
01:12:29,577 --> 01:12:36,637
like if somebody's like i'm a nazi like that person's probably a big old piece of shit like

1203
01:12:36,637 --> 01:12:42,617
you should treat them like a big old piece of shit like absolutely like that's that's fucked

1204
01:12:42,617 --> 01:12:46,897
up for anyone just for anyone to be like i'm a nazi in this day and age knowing what the nazis

1205
01:12:46,897 --> 01:12:50,697
have done knowing what that ideology is that that'd be a fucked up thing right it's even more

1206
01:12:50,697 --> 01:12:56,397
fucked up in my opinion to say like i'm a communist but somehow that's socially acceptable

1207
01:12:56,397 --> 01:12:59,697
it's socially acceptable to say I'm a communist

1208
01:12:59,697 --> 01:13:03,637
you can be a college professor and say I'm a communist

1209
01:13:03,637 --> 01:13:08,537
you can be a very popular pundit and say I'm a communist

1210
01:13:08,537 --> 01:13:11,997
I believe in socialism like whatever else you know like because socialism let's be honest

1211
01:13:11,997 --> 01:13:16,917
it's just one step on the road to communism right communism has killed an order of magnitude

1212
01:13:16,917 --> 01:13:20,897
more people than Nazism has

1213
01:13:20,897 --> 01:13:25,257
even fascism generally if you want to say the Nazis were fascist

1214
01:13:25,257 --> 01:13:29,957
whatever national socialist party of germany whatever but we let's call them fascists for the

1215
01:13:29,957 --> 01:13:34,397
you know purposes of argumentation let's assume that they're fascists let's lump them in with all

1216
01:13:34,397 --> 01:13:40,337
other fascists communists under communism an order of magnitude more people have died it's in the

1217
01:13:40,337 --> 01:13:47,417
hundreds of millions of people that have died under communism and somehow though it's just like

1218
01:13:47,417 --> 01:13:55,317
it's totally fine. Just be like, yeah, I'm a communist. It's like, you hear somebody say

1219
01:13:55,317 --> 01:14:01,417
they're a communist, you should ridicule them. You should eviscerate them. Because first of all,

1220
01:14:01,417 --> 01:14:06,137
they're probably retarded and they won't be able to in any way stand up to the verbal onslaught

1221
01:14:06,137 --> 01:14:10,637
that you should bring on them. Second, you don't have to worry about them physically because

1222
01:14:10,637 --> 01:14:18,777
they're guaranteed to be just weak little soy boys, right? Guaranteed. You don't see any Chad

1223
01:14:18,777 --> 01:14:25,577
communists. You know what I mean? Like, find me a Chad, it doesn't exist. Doesn't exist. Nope.

1224
01:14:26,657 --> 01:14:30,877
Why? Well, because nobody with any meaningful amount of testosterone would be a communist.

1225
01:14:31,717 --> 01:14:38,417
Just, it's not going to happen. So ridicule communists, ridicule them, ridicule socialists,

1226
01:14:38,417 --> 01:14:44,937
because it is ridiculous. It is absurd. And it is a destructive ideology that has killed hundreds

1227
01:14:44,937 --> 01:14:52,417
of millions of people. And we should treat it with more contempt than we do Nazism. We should

1228
01:14:52,417 --> 01:14:59,577
also treat Nazism with contempt. We should treat communism with more contempt. Because it has been,

1229
01:14:59,997 --> 01:15:06,417
from an empirical standpoint, more destructive. So this is, I don't even know how we got here,

1230
01:15:06,417 --> 01:15:10,257
guys, but you know, clearly Bitcoin is being too boring for like a couple of minutes. So I needed

1231
01:15:10,257 --> 01:15:19,537
to tell you that like, fuck communists, like it, you know, dear Lord. Okay. Okay. What are we doing

1232
01:15:19,537 --> 01:15:32,377
here? 41 AM my time. Bitcoin is at 125,327 infinitely printable U S cuck bucks per Bitcoin.

1233
01:15:33,017 --> 01:15:33,357
Wow.

1234
01:15:33,897 --> 01:15:34,357
Wow.

1235
01:15:34,497 --> 01:15:34,977
What a day.

1236
01:15:36,117 --> 01:15:36,797
What a day.

1237
01:15:37,237 --> 01:15:38,337
How's everybody doing out there?

1238
01:15:39,157 --> 01:15:41,757
Let's check in on Noster.

1239
01:15:42,597 --> 01:15:47,317
Does anybody have thoughts on my small communist rant?

1240
01:15:47,397 --> 01:15:50,457
That was honestly a pretty tame communist rant for you guys.

1241
01:15:50,937 --> 01:15:56,097
I've had many stronger communist rants, or I should say anti-communist rants.

1242
01:15:57,637 --> 01:15:59,657
My Path to Fire says,

1243
01:15:59,857 --> 01:16:01,517
In Europe, the majority are commies.

1244
01:16:02,377 --> 01:16:26,977
Yeah. Yeah. Okay. Because I know a lot of Europeans. It depends which part of Europe, right? Because Eastern Europe, man, yes, there are still some of the old folks who are like, you know what? It was simpler during communism. And everybody just had their job. They had their role. It was simpler times.

1245
01:16:26,977 --> 01:16:30,197
you're going to have some of those, right?

1246
01:16:30,297 --> 01:16:32,777
That are hearkening back because it's too complicated

1247
01:16:32,777 --> 01:16:35,257
in this messy pseudo-capitalistic society.

1248
01:16:35,897 --> 01:16:36,997
You're going to have some of that.

1249
01:16:38,117 --> 01:16:42,397
But by and large, what I've found in former communist countries

1250
01:16:42,397 --> 01:16:45,497
is that the people are insanely based

1251
01:16:45,497 --> 01:16:47,457
and they fucking hate communism.

1252
01:16:48,257 --> 01:16:50,237
And I just think that's fantastic.

1253
01:16:51,197 --> 01:16:53,597
We need more hatred of communism.

1254
01:16:53,597 --> 01:17:06,337
The problem is that in a lot of Western European countries, in contrast to the Eastern European countries, the Western European countries didn't live under the fucking oppressive yoke of communism.

1255
01:17:07,177 --> 01:17:11,257
And so now they themselves become kind of commie.

1256
01:17:11,257 --> 01:17:20,377
Like, I mean, you see, like, everything that's happening in, like, the UK and in France, like, it is so sad.

1257
01:17:21,117 --> 01:17:29,757
Because two truly great nations, great nations are now just acting like little commie cucks.

1258
01:17:29,997 --> 01:17:32,077
And that's just tragic.

1259
01:17:32,897 --> 01:17:36,097
Like, okay, how do I put this simply?

1260
01:17:36,097 --> 01:17:41,877
There's a reason that you never hear of people escaping to communism.

1261
01:17:42,557 --> 01:17:46,877
There's a reason that people are always escaping from communism.

1262
01:17:47,417 --> 01:17:50,697
Nobody's fleeing to North Korea right now.

1263
01:17:51,037 --> 01:17:53,297
And this is one of the most obvious examples.

1264
01:17:54,197 --> 01:17:55,837
North Korea versus South Korea.

1265
01:17:56,217 --> 01:17:59,497
It's like East and West Germany, but even more modern, right?

1266
01:17:59,557 --> 01:18:01,817
The experiment's still running to this day.

1267
01:18:02,477 --> 01:18:04,477
Look at North Korea, look at South Korea.

1268
01:18:04,477 --> 01:18:06,177
North Korea is communist.

1269
01:18:06,377 --> 01:18:08,257
South Korea is not communist.

1270
01:18:08,597 --> 01:18:09,997
Which one is faring better?

1271
01:18:10,217 --> 01:18:11,597
Which one is starving?

1272
01:18:12,257 --> 01:18:13,277
And which one is thriving?

1273
01:18:14,137 --> 01:18:17,637
You know, this is just like, it's just so blatantly obvious.

1274
01:18:17,637 --> 01:18:25,657
And it's so incredibly sad that so many young people in the West and not just young people,

1275
01:18:25,657 --> 01:18:29,577
like there are plenty of commie boomers who are like, if you're a communist boomer, like

1276
01:18:29,577 --> 01:18:32,077
you are just a full blown retard.

1277
01:18:32,337 --> 01:18:33,077
I'm sorry.

1278
01:18:33,077 --> 01:18:35,197
But like, there's just no excuse for you.

1279
01:18:35,337 --> 01:18:40,697
If you are going to be, if you're a commie boomer, it's like you are an idiot.

1280
01:18:40,897 --> 01:18:44,997
Like you are either you're an idiot or you know exactly what you're doing and you're just evil.

1281
01:18:45,237 --> 01:18:47,117
It's like one of the two, retarded or evil.

1282
01:18:47,217 --> 01:18:47,597
Pick one.

1283
01:18:48,677 --> 01:18:50,537
If you're a young person, you're a communist.

1284
01:18:51,917 --> 01:18:52,317
Okay.

1285
01:18:53,597 --> 01:18:55,337
I feel a little bit bad for you.

1286
01:18:56,057 --> 01:18:59,637
You've been indoctrinated for a long time.

1287
01:19:00,337 --> 01:19:01,077
I'm sorry.

1288
01:19:01,077 --> 01:19:03,877
I'm sorry that you've been indoctrinated as such.

1289
01:19:04,477 --> 01:19:05,497
It's terrible.

1290
01:19:06,017 --> 01:19:10,737
It's terrible how our public school system has failed.

1291
01:19:11,357 --> 01:19:13,237
How much, and by the way, guys,

1292
01:19:13,777 --> 01:19:16,837
you want to know where the mandatory public education comes from?

1293
01:19:17,577 --> 01:19:18,617
Do you know?

1294
01:19:19,297 --> 01:19:19,817
Do you?

1295
01:19:20,577 --> 01:19:21,617
Well, let me tell you.

1296
01:19:22,377 --> 01:19:27,337
Mandatory public education, it has its roots in Prussia, which is Germany.

1297
01:19:27,337 --> 01:19:36,237
Do you know that in Germany today, it's still illegal, illegal to homeschool your kids?

1298
01:19:37,157 --> 01:19:41,397
Do you know who made it illegal to homeschool your kids?

1299
01:19:41,577 --> 01:19:42,797
It was Adolf Hitler.

1300
01:19:43,237 --> 01:19:46,357
Hitler made it illegal to homeschool your kids.

1301
01:19:47,037 --> 01:19:48,737
Why would he do that?

1302
01:19:48,737 --> 01:20:06,137
Oh, well, I guess it's because if the state controls education, if the state is indoctrinating your children for, you know, eight, 10 plus hours a day, they control them.

1303
01:20:06,417 --> 01:20:09,397
They control the generation of the future.

1304
01:20:09,657 --> 01:20:12,357
They control the youth of the nation.

1305
01:20:13,197 --> 01:20:17,177
So it's funny because Germany tries to go so far away from them.

1306
01:20:17,177 --> 01:20:23,197
They go to the opposite extreme of trying to be so inclusive to basically be like, no, we're not Nazis anymore.

1307
01:20:23,357 --> 01:20:26,057
See, we love everyone.

1308
01:20:26,397 --> 01:20:27,177
It doesn't matter.

1309
01:20:27,417 --> 01:20:28,237
It's all good.

1310
01:20:29,017 --> 01:20:31,057
Let's have a nice beer together.

1311
01:20:31,337 --> 01:20:33,117
And it's totally cool, man.

1312
01:20:33,597 --> 01:20:34,957
I love Germans, by the way.

1313
01:20:34,957 --> 01:20:37,897
I have a lot of German friends, and they're fantastic.

1314
01:20:38,257 --> 01:20:39,437
This is not me digging at Germans.

1315
01:20:39,977 --> 01:20:42,297
I will make fun of Americans equally, right?

1316
01:20:43,137 --> 01:20:44,397
If you guys know me, you know that.

1317
01:20:44,477 --> 01:20:45,297
But I just want to clarify.

1318
01:20:45,297 --> 01:20:47,997
If you're a German listening to this, I love you.

1319
01:20:48,297 --> 01:20:50,817
And if you're listening to this as a German, you're probably pretty based.

1320
01:20:51,017 --> 01:20:51,977
So cheers.

1321
01:20:53,097 --> 01:20:59,777
But it's insane to me that in Germany, as much as they've tried to get away from Hitler, get away from the Nazis,

1322
01:21:00,417 --> 01:21:09,737
they've kept one of the most fundamental Nazi laws, which is compulsory public education, mandatory public education.

1323
01:21:10,637 --> 01:21:11,637
Why is that?

1324
01:21:12,937 --> 01:21:14,497
Why would you keep that?

1325
01:21:14,497 --> 01:21:23,817
If you were trying to dismantle everything that Hitler and the Nazis did, if you wanted to get rid of everything that Hitler did, why would you keep that?

1326
01:21:24,417 --> 01:21:26,817
Why would you keep the compulsory public education?

1327
01:21:27,917 --> 01:21:35,497
It's almost like you want to be able to control people.

1328
01:21:35,897 --> 01:21:39,857
And the best way to do it is by indoctrinating them from a super young age.

1329
01:21:39,857 --> 01:21:44,617
and somebody just pointed out,

1330
01:21:44,697 --> 01:21:46,817
and this is hilarious because it's a joke I made.

1331
01:21:46,957 --> 01:21:48,817
Oh, you like school? So you like Hitler.

1332
01:21:49,457 --> 01:21:53,057
This is actually the correct attitude.

1333
01:21:53,777 --> 01:21:55,457
If you're against homeschooling,

1334
01:21:55,617 --> 01:21:59,217
you have the same opinion as the Nazis do about homeschooling.

1335
01:22:00,217 --> 01:22:03,057
This is how I also just, my path to fire is coming.

1336
01:22:03,157 --> 01:22:04,537
Hitler was also a vegetarian.

1337
01:22:05,637 --> 01:22:07,977
I feel like I'm not sure if I knew that.

1338
01:22:08,037 --> 01:22:09,277
I feel like I maybe knew that,

1339
01:22:09,277 --> 01:22:11,317
but either way explains a lot.

1340
01:22:12,137 --> 01:22:12,297
I'm not,

1341
01:22:12,397 --> 01:22:12,577
you know,

1342
01:22:13,357 --> 01:22:15,817
I guess the guy should have been on a carnivore diet,

1343
01:22:15,957 --> 01:22:16,957
but seriously,

1344
01:22:16,957 --> 01:22:20,837
like you've got people who are self-professed commies out there who are

1345
01:22:20,837 --> 01:22:20,957
like,

1346
01:22:21,017 --> 01:22:23,297
we need to be sending our kids to public school and doing all this.

1347
01:22:23,357 --> 01:22:23,797
And it's like you,

1348
01:22:24,097 --> 01:22:26,797
we need to ridicule these people.

1349
01:22:27,877 --> 01:22:31,517
And we certainly shouldn't let these people raise our children.

1350
01:22:31,777 --> 01:22:32,417
I just said,

1351
01:22:32,537 --> 01:22:34,337
I had a George McHale.

1352
01:22:34,457 --> 01:22:35,257
He was an awesome dude.

1353
01:22:35,417 --> 01:22:36,157
He wrote a,

1354
01:22:36,237 --> 01:22:36,997
I've got the book.

1355
01:22:37,377 --> 01:22:37,777
Fuck.

1356
01:22:38,077 --> 01:22:38,777
I've got the book right here.

1357
01:22:38,777 --> 01:22:39,057
Actually.

1358
01:22:39,277 --> 01:22:42,437
I am not your bruh 21 keys to sound parenting.

1359
01:22:42,577 --> 01:22:43,857
I'm not being paid to say this.

1360
01:22:43,877 --> 01:22:45,057
I just like George a lot.

1361
01:22:45,297 --> 01:22:45,657
We,

1362
01:22:45,797 --> 01:22:52,437
I had him on my show recently a couple of times and like he had this quote

1363
01:22:52,437 --> 01:22:52,957
that was like,

1364
01:22:52,957 --> 01:22:56,057
somebody is going to be indoctrinating my kids.

1365
01:22:56,557 --> 01:22:57,717
I'd rather it be me.

1366
01:22:58,177 --> 01:22:59,517
And I thought that was like beautiful.

1367
01:22:59,517 --> 01:23:00,297
And it's true.

1368
01:23:00,797 --> 01:23:01,337
It's like,

1369
01:23:01,377 --> 01:23:03,417
who do you want to indoctrinate your kids?

1370
01:23:03,917 --> 01:23:04,757
Somebody is going to do it.

1371
01:23:04,857 --> 01:23:05,757
Who do you want it to be?

1372
01:23:05,897 --> 01:23:06,937
You want it to be the state.

1373
01:23:06,937 --> 01:23:10,597
You want it to be the fucking blue haired communist state?

1374
01:23:11,817 --> 01:23:13,077
Or do you want it to be you?

1375
01:23:14,117 --> 01:23:15,917
Like I want it to be me.

1376
01:23:16,277 --> 01:23:18,237
I was also guys, I was homeschooled.

1377
01:23:18,357 --> 01:23:19,897
I'm not a total freak, right?

1378
01:23:19,997 --> 01:23:21,257
I mean, I'm a little bit of a freak,

1379
01:23:21,557 --> 01:23:24,857
but like in the Marty bent way of, you know, like sub freaks,

1380
01:23:24,857 --> 01:23:28,017
uh, that's the kind of freak I identify as.

1381
01:23:28,597 --> 01:23:32,037
I was homeschooled, made the choice to go to public school, uh,

1382
01:23:32,037 --> 01:23:32,697
in high school.

1383
01:23:32,997 --> 01:23:36,197
Cause I thought I was a retard and that I'm not being a retard.

1384
01:23:36,197 --> 01:23:40,257
graduated number one in my little bumblefuck town,

1385
01:23:40,397 --> 01:23:41,137
which doesn't matter.

1386
01:23:41,637 --> 01:23:43,717
But the point being, fuck communists.

1387
01:23:44,717 --> 01:23:47,577
If anybody says they're a communist, ridicule them.

1388
01:23:47,577 --> 01:23:49,717
Communists should be treated like Nazis.

1389
01:23:50,857 --> 01:23:52,557
Nazis hate homeschooling.

1390
01:23:53,377 --> 01:23:55,557
If someone hates homeschooling, they're a Nazi.

1391
01:23:57,277 --> 01:24:02,277
And with that, Bitcoin's at 125,081

1392
01:24:02,277 --> 01:24:06,057
infinitely printable communist cuck bucks per Bitcoin.

1393
01:24:07,157 --> 01:24:08,437
Another funny thing about communism,

1394
01:24:08,697 --> 01:24:10,597
if you've read the Communist Manifesto,

1395
01:24:10,697 --> 01:24:12,857
which I should really just read out loud in the show one of these days,

1396
01:24:12,937 --> 01:24:13,677
maybe I'll read it tonight.

1397
01:24:13,797 --> 01:24:15,677
I think I have a copy sitting around here somewhere near.

1398
01:24:16,857 --> 01:24:20,897
One of the things that Marx talks about in like his 10 different prescriptions

1399
01:24:20,897 --> 01:24:24,977
for how to institute a communist state is centralized credit,

1400
01:24:25,417 --> 01:24:26,577
is a central bank.

1401
01:24:28,037 --> 01:24:31,377
Karl Marx literally talks about one of the key ways to making,

1402
01:24:31,377 --> 01:24:39,377
to instituting communism is centralizing credit issuance, centralizing the bank.

1403
01:24:40,577 --> 01:24:44,537
And it's like, oh my God, the Federal Reserve is just a commie institution.

1404
01:24:45,037 --> 01:24:47,257
Like, it's just absurd.

1405
01:24:48,137 --> 01:24:49,397
I don't know, guys.

1406
01:24:49,517 --> 01:24:53,117
Like, we need to be ridiculing communists a lot harder.

1407
01:24:54,177 --> 01:24:55,017
There was that whole thing.

1408
01:24:55,017 --> 01:24:58,837
You guys remember that thing about, like, you know,

1409
01:24:58,977 --> 01:25:00,497
punching Nazi in the face or whatever?

1410
01:25:01,377 --> 01:25:07,817
I forget when that, I don't even remember the context of it, but there was some, there was some big, there was an uproar about it on, on the right.

1411
01:25:07,817 --> 01:25:10,317
I think about like, well, you shouldn't be punching someone in the face.

1412
01:25:10,337 --> 01:25:11,257
And like, I agree.

1413
01:25:11,337 --> 01:25:12,597
Violence isn't the answer, right?

1414
01:25:12,897 --> 01:25:17,197
You should verbally punch someone in the face verbally with your words.

1415
01:25:17,197 --> 01:25:20,317
You should be able to eviscerate someone's face with your words.

1416
01:25:20,317 --> 01:25:24,637
And the great thing about communism is that it's fucking stupid.

1417
01:25:25,157 --> 01:25:27,857
It's just a stupid ideology.

1418
01:25:28,357 --> 01:25:29,657
It's just dumb.

1419
01:25:29,657 --> 01:25:32,897
It appeals to dumb, dumb people.

1420
01:25:33,097 --> 01:25:37,797
It appeals to people who don't actually work for anything in their life.

1421
01:25:38,337 --> 01:25:40,417
That's who communism appeals to.

1422
01:25:41,377 --> 01:25:53,397
And anybody who has any ounce of motivation in them, who has any ounce of just like self-starter in them, will just think communism is absurd, as they should.

1423
01:25:54,637 --> 01:25:57,017
And that's the great thing about it is that it's just communism.

1424
01:25:57,017 --> 01:25:58,457
Like communism is a great filter.

1425
01:25:58,457 --> 01:26:00,537
like anybody who tells you that they're a communist,

1426
01:26:00,637 --> 01:26:01,957
like a self-professed communist,

1427
01:26:02,177 --> 01:26:03,717
or even a self-professed socialist.

1428
01:26:04,677 --> 01:26:06,557
So again, socialism is just,

1429
01:26:06,757 --> 01:26:09,097
it's on that slippery slope to communism,

1430
01:26:09,097 --> 01:26:11,797
which is all part of the totalitarian temptation.

1431
01:26:12,737 --> 01:26:13,437
Fuck it all.

1432
01:26:14,177 --> 01:26:14,897
Fuck all of that.

1433
01:26:15,317 --> 01:26:16,097
You don't need it.

1434
01:26:16,517 --> 01:26:17,317
It's never worked.

1435
01:26:17,617 --> 01:26:18,757
It's never going to work.

1436
01:26:19,337 --> 01:26:21,437
The only reason socialism kind of works sometimes

1437
01:26:21,437 --> 01:26:23,337
is because it has capitalism to support it.

1438
01:26:23,857 --> 01:26:24,517
That's it.

1439
01:26:24,857 --> 01:26:26,137
And we don't even have real capitalism.

1440
01:26:26,137 --> 01:26:28,557
They say real communism has never been tried.

1441
01:26:29,657 --> 01:26:31,457
Real capitalism has never been tried.

1442
01:26:32,277 --> 01:26:35,917
But my God, we might actually have a chance to have real capitalism with Bitcoin.

1443
01:26:36,857 --> 01:26:37,977
And isn't that exciting?

1444
01:26:39,097 --> 01:26:41,577
I actually think that's incredibly exciting.

1445
01:26:42,497 --> 01:26:45,137
What happens under real capitalism?

1446
01:26:45,317 --> 01:26:49,537
If you have real capitalism for a prolonged period of time, can you imagine?

1447
01:26:50,597 --> 01:26:53,477
Everything should be getting cheaper forever.

1448
01:26:53,477 --> 01:26:56,777
Everything forever should cost less.

1449
01:26:57,717 --> 01:26:59,457
Year after year after year after year.

1450
01:26:59,537 --> 01:27:00,877
Because that's what technology does.

1451
01:27:01,257 --> 01:27:05,017
If you haven't read Jeff Booth's The Price of Tomorrow, you should read it.

1452
01:27:05,237 --> 01:27:07,157
It's a pretty quick read.

1453
01:27:07,637 --> 01:27:10,037
It's not a Bitcoin book per se.

1454
01:27:10,877 --> 01:27:15,397
He wrote it like it was part of his Bitcoin journey actually to write that book.

1455
01:27:16,437 --> 01:27:17,977
But it's just a phenomenal book.

1456
01:27:18,597 --> 01:27:22,477
And it will open your eyes because the reality is that technology is deflationary.

1457
01:27:23,477 --> 01:27:25,857
Technology makes everything cheaper forever.

1458
01:27:26,597 --> 01:27:30,797
Everything should be getting cheaper forever, but everything's getting more expensive forever.

1459
01:27:31,397 --> 01:27:33,417
Why is everything getting more expensive forever?

1460
01:27:33,997 --> 01:27:46,557
Everything is getting more expensive forever because they, they, the governments and the central banks, print money out of nothing that you have to work for.

1461
01:27:46,557 --> 01:27:49,517
they print out of thin air

1462
01:27:49,517 --> 01:27:51,717
the thing that you have to

1463
01:27:51,717 --> 01:27:54,717
put your blood, sweat and tears into earning

1464
01:27:54,717 --> 01:27:56,757
they print out of thin air

1465
01:27:56,757 --> 01:27:59,397
the thing you need to sacrifice for

1466
01:27:59,397 --> 01:28:01,277
they print out of thin air

1467
01:28:01,277 --> 01:28:04,117
the thing that people literally die for

1468
01:28:04,117 --> 01:28:06,557
they print out of thin air

1469
01:28:06,557 --> 01:28:08,577
your life blood

1470
01:28:08,577 --> 01:28:11,637
because that's what money ultimately represents

1471
01:28:11,637 --> 01:28:13,677
money represents

1472
01:28:13,677 --> 01:28:15,597
your work

1473
01:28:15,597 --> 01:28:22,497
money is your proof of work you earn money and that is your proof of work is your market value

1474
01:28:22,497 --> 01:28:29,497
the market value of your time and energy expressed in whatever that unit of account is

1475
01:28:29,497 --> 01:28:36,857
it's the u.s dollar it's turkish lira if it's bitcoin hopefully it's bitcoin they are stealing

1476
01:28:36,857 --> 01:28:45,417
your life when they print that money they are stealing your life your life's work your life's

1477
01:28:45,417 --> 01:28:51,017
energy, when they print money, when they debase the currency. I'm not being hyperbolic here.

1478
01:28:51,397 --> 01:28:56,757
When they debase the currency, they are debasing your life. They're debasing your time,

1479
01:28:57,377 --> 01:29:04,057
your energy. That's fucked up, man. If more people understood this, there would be riots

1480
01:29:04,057 --> 01:29:09,917
in the street and we would have burned that motherfucker to the ground a long, long time ago.

1481
01:29:09,917 --> 01:29:12,857
but most people don't understand it.

1482
01:29:13,477 --> 01:29:15,077
Most people are still asleep.

1483
01:29:15,297 --> 01:29:15,857
That's okay.

1484
01:29:17,237 --> 01:29:18,617
They'll wake up eventually.

1485
01:29:19,117 --> 01:29:21,697
They'll get smart by force, not by choice.

1486
01:29:22,697 --> 01:29:26,317
But for now, if you happen to be listening to this,

1487
01:29:27,037 --> 01:29:29,757
maybe you've been on this stream since the beginning,

1488
01:29:29,817 --> 01:29:30,797
in which case I thank you.

1489
01:29:31,337 --> 01:29:34,397
Maybe you stumbled across this stream somewhere along the way.

1490
01:29:35,037 --> 01:29:35,317
What are we?

1491
01:29:35,397 --> 01:29:38,137
Oh, and we crashed down below 124,000.

1492
01:29:38,137 --> 01:29:44,717
over 124,967 infinitely printable fiat cuck bucks per Bitcoin. You've stumbled along the stream

1493
01:29:44,717 --> 01:29:51,977
somehow. You're early. You're really early. Welcome. We've got a long way to go because

1494
01:29:51,977 --> 01:29:58,317
most people are still very happy to work for something that a cabal of central bankers can

1495
01:29:58,317 --> 01:30:02,217
print for free. I think anyone listening to this is probably not happy to work for that.

1496
01:30:02,217 --> 01:30:04,857
they're not happy to work for that at all

1497
01:30:04,857 --> 01:30:08,677
they do not want to work for something

1498
01:30:08,677 --> 01:30:14,237
that a cartel of unelected banker bureaucrats can print out of thin air

1499
01:30:14,237 --> 01:30:16,377
they don't even have to print it anymore

1500
01:30:16,377 --> 01:30:18,977
they can just literally make a few keystrokes

1501
01:30:18,977 --> 01:30:22,377
fuck, you don't have to accept this

1502
01:30:22,377 --> 01:30:24,617
that's the beauty of Bitcoin

1503
01:30:24,617 --> 01:30:27,157
you don't have to accept this anymore

1504
01:30:27,157 --> 01:30:28,837
you can just say

1505
01:30:28,837 --> 01:30:32,037
no, no thank you

1506
01:30:32,037 --> 01:30:38,237
I'd rather save the value of my time and energy in something that you can't rat fuck into oblivion.

1507
01:30:38,237 --> 01:30:42,177
You can just save in Bitcoin and no one can debase you.

1508
01:30:43,137 --> 01:30:44,257
That's incredible.

1509
01:30:44,637 --> 01:30:54,317
What a cheat code, what a life hack, what a superpower it is to be able to save in something that governments and central banks cannot debase.

1510
01:30:54,457 --> 01:30:58,317
I'm very grateful to be alive at this moment in time right now.

1511
01:30:58,317 --> 01:31:06,617
I'm very glad that my son and future children that we have will grow up in a world where Bitcoin already exists.

1512
01:31:06,757 --> 01:31:13,177
And if all of us listening right now do our job correctly, because Bitcoin doesn't need any one of us individually, right?

1513
01:31:13,237 --> 01:31:14,077
Bitcoin doesn't care.

1514
01:31:15,457 --> 01:31:18,217
But Bitcoin obviously needs all of us.

1515
01:31:18,217 --> 01:31:19,537
Like we are the network.

1516
01:31:20,557 --> 01:31:22,137
All of us are the network.

1517
01:31:22,797 --> 01:31:24,257
So it needs us collectively.

1518
01:31:24,257 --> 01:31:31,977
And if we do our job right, the world that our children will grow up in has the potential to be such a beautiful place.

1519
01:31:32,917 --> 01:31:34,897
This world today is pretty beautiful too.

1520
01:31:35,377 --> 01:31:37,337
I had a great day today with the family.

1521
01:31:37,797 --> 01:31:39,577
I had some hot pot outside for dinner.

1522
01:31:39,777 --> 01:31:40,897
I don't know if you guys eat hot pot.

1523
01:31:42,617 --> 01:31:43,597
Mongolian hot pot.

1524
01:31:43,857 --> 01:31:51,777
Like you're basically just boiling super spicy water and cooking meats and veggies in there for a couple of seconds each and then popping them out.

1525
01:31:51,777 --> 01:31:53,397
It's like shabu shabu but way better.

1526
01:31:54,257 --> 01:31:55,897
Have a great day.

1527
01:31:55,957 --> 01:31:58,377
You can have a great day no matter where you are,

1528
01:31:58,437 --> 01:31:59,497
even if you're not eating hot pot,

1529
01:31:59,557 --> 01:32:00,837
although I highly recommend eating hot pot.

1530
01:32:00,877 --> 01:32:03,777
But there are so many opportunities to find joy in this world,

1531
01:32:04,277 --> 01:32:06,097
even in this fiat world that we live in.

1532
01:32:06,537 --> 01:32:07,617
And I hope that you do.

1533
01:32:07,857 --> 01:32:08,737
You should be able to.

1534
01:32:08,877 --> 01:32:10,577
But the world that we might be able to usher in

1535
01:32:10,577 --> 01:32:11,577
is something so different.

1536
01:32:11,577 --> 01:32:14,797
And it has so much more potential

1537
01:32:14,797 --> 01:32:17,817
than this one we live in right now.

1538
01:32:17,837 --> 01:32:18,497
It's really hard.

1539
01:32:18,597 --> 01:32:20,277
If you're like, I'm in my early 30s.

1540
01:32:21,457 --> 01:32:22,857
And if you're listening right now,

1541
01:32:22,857 --> 01:32:28,097
your early 30s or younger or older. It actually doesn't matter. It's hard for everyone to get

1542
01:32:28,097 --> 01:32:36,317
ahead. It's really hard. There are stupid games that you have to play. This is a system in which

1543
01:32:36,317 --> 01:32:42,997
you are incentivized to be a scammer. You're incentivized to try and take advantage of the

1544
01:32:42,997 --> 01:32:52,657
system, of other people. In the fiat system, being moral is a great way to make less money.

1545
01:32:52,857 --> 01:33:01,937
But like, I don't know, at least for me, it's like you'd rather have your soul and your integrity.

1546
01:33:03,077 --> 01:33:07,237
But that's the problem with this system is that it incentivizes degenerate behavior.

1547
01:33:07,697 --> 01:33:10,637
It incentivizes scammer behavior.

1548
01:33:10,637 --> 01:33:16,957
The system that we can create on a Bitcoin standard has so much incredible potential

1549
01:33:16,957 --> 01:33:24,397
because the incentives are actually aligned with humanity's best interests at large,

1550
01:33:24,537 --> 01:33:27,217
not for a specific subset of humanity.

1551
01:33:28,397 --> 01:33:30,317
Bitcoin's not for everyone, but it's for anyone.

1552
01:33:30,677 --> 01:33:31,797
It's for anyone who's willing to learn.

1553
01:33:32,157 --> 01:33:32,637
And I don't know.

1554
01:33:32,757 --> 01:33:34,377
That's just something that gives me a lot of hope.

1555
01:33:34,557 --> 01:33:38,237
I think a lot more now that I have a son about what happens after I'm gone.

1556
01:33:38,237 --> 01:33:41,857
if it weren't for Bitcoin, it'd probably be pretty nihilistic.

1557
01:33:43,037 --> 01:33:48,537
I'd probably be pretty, I don't know, pretty down in the dumps

1558
01:33:48,537 --> 01:33:50,857
about the state of the world and where it might be going.

1559
01:33:51,197 --> 01:33:57,997
And that's not to say that I don't think things are going to get dark and confusing

1560
01:33:57,997 --> 01:34:04,237
and, again, a bit violent in the years to come here for a short time.

1561
01:34:04,237 --> 01:34:08,937
But what we have on the other side of that, I think, is what's important.

1562
01:34:09,777 --> 01:34:11,497
And it's something really powerful.

1563
01:34:12,417 --> 01:34:13,837
Because we have Bitcoin.

1564
01:34:14,617 --> 01:34:18,277
Because we don't have to keep getting rat-fucked by the state.

1565
01:34:18,997 --> 01:34:20,897
That's what it ultimately comes down to.

1566
01:34:21,857 --> 01:34:25,017
Bitcoin is un-rat-fuckable technology, right?

1567
01:34:26,177 --> 01:34:31,177
It's a beautiful thing.

1568
01:34:31,177 --> 01:34:34,777
We have the chance to start again, a clean slate.

1569
01:34:36,037 --> 01:34:40,757
We have the chance to build a different kind of world than the boomers built.

1570
01:34:41,197 --> 01:34:43,577
We have a chance to fix the incentives.

1571
01:34:45,017 --> 01:34:47,197
We're watching Bitcoin right now.

1572
01:34:47,557 --> 01:34:51,337
And again, guys, I've never talked about price this much, I don't think, on any show.

1573
01:34:51,397 --> 01:34:55,897
I'm not even going to call this part of the Bitcoin podcast because I'm not going to put this in the RSS feed.

1574
01:34:55,997 --> 01:34:58,177
This exists for this moment in time.

1575
01:34:58,597 --> 01:35:00,777
But I don't think I've ever talked about price this much on the show.

1576
01:35:00,777 --> 01:35:12,417
But you know what? What we're watching in real time as we watch this price, currently at $125,174, infinitely printable fiat cuck buck petrodollar war dollars per Bitcoin.

1577
01:35:12,977 --> 01:35:19,737
What we're watching happen in real time is the repricing of the fiat system.

1578
01:35:19,997 --> 01:35:25,997
We are watching the fiat system trend to zero in terms of Bitcoin.

1579
01:35:25,997 --> 01:35:31,937
We are watching the fiat system go to its marginal cost of production.

1580
01:35:32,917 --> 01:35:36,157
The marginal cost of a fiat unit is zero.

1581
01:35:37,117 --> 01:35:38,317
It's a keystroke.

1582
01:35:39,077 --> 01:35:39,677
That's it.

1583
01:35:39,917 --> 01:35:47,877
We're watching fiat begin to express its true value as Bitcoin serves as our measuring stick

1584
01:35:47,877 --> 01:35:52,997
and shows us exactly how fiat is being repriced.

1585
01:35:52,997 --> 01:35:56,557
You know, everything within that fiat system is being repriced.

1586
01:35:57,897 --> 01:36:02,177
And again, if you're listening right now, like, man, we are so early.

1587
01:36:02,497 --> 01:36:04,597
We are so early to this party.

1588
01:36:05,117 --> 01:36:13,397
And I would encourage you like my, just like at a personal level right now, I, as a new

1589
01:36:13,397 --> 01:36:18,157
dad, I guess our first kid, um, he's 20 months right now.

1590
01:36:19,057 --> 01:36:20,717
I'm doing my best to juggle.

1591
01:36:20,717 --> 01:36:21,897
And this is a difficult juggle.

1592
01:36:21,897 --> 01:36:28,637
imagine any dad out there knows this. I'm doing my best to juggle. How do I create as much value

1593
01:36:28,637 --> 01:36:33,457
as possible and make as much money as possible right now to stack as many sats as possible right

1594
01:36:33,457 --> 01:36:40,817
now. But at the same time, there's a point of diminishing return there because what I really

1595
01:36:40,817 --> 01:36:48,817
want to do is spend time with my son and my wife and trying to find that balance of, okay, what,

1596
01:36:48,817 --> 01:36:52,357
what do I do right now in this, in this particular moment?

1597
01:36:52,997 --> 01:36:56,177
Do I need to keep working right now or,

1598
01:36:56,377 --> 01:37:01,677
or should I just go take my son for a walk outside and go find some cool sticks

1599
01:37:01,677 --> 01:37:05,537
that look like guns? Maybe start a fire. You love starting fires.

1600
01:37:07,417 --> 01:37:10,917
Maybe I should just do that because like, I don't,

1601
01:37:11,057 --> 01:37:13,897
I don't need to push this a little bit more, but then it's like,

1602
01:37:14,437 --> 01:37:15,877
you're thinking more long-term. You're like, well,

1603
01:37:15,877 --> 01:37:18,497
I want to set and make sure my family's always set up and heaven forbid,

1604
01:37:18,497 --> 01:37:19,277
should anything happen to me.

1605
01:37:19,297 --> 01:37:21,797
I want to make sure that they're taken care of and they never have to worry

1606
01:37:21,797 --> 01:37:22,277
about a thing.

1607
01:37:23,457 --> 01:37:25,137
That's a tough thing to juggle right now.

1608
01:37:25,297 --> 01:37:27,417
And it's especially tough to juggle in the fiat system.

1609
01:37:27,417 --> 01:37:28,537
But thankfully,

1610
01:37:28,697 --> 01:37:29,437
because of Bitcoin,

1611
01:37:29,657 --> 01:37:32,117
there's less of a worry there.

1612
01:37:33,117 --> 01:37:37,517
There's less of a worry that I won't be able to make sure my family's okay

1613
01:37:37,517 --> 01:37:39,237
because I know that they'll have Bitcoin.

1614
01:37:40,777 --> 01:37:41,137
There's,

1615
01:37:41,277 --> 01:37:43,977
it's also just giving me a different,

1616
01:37:44,377 --> 01:37:44,777
I guess,

1617
01:37:44,817 --> 01:37:46,477
a different view on my priorities.

1618
01:37:46,477 --> 01:37:47,577
But I think for any,

1619
01:37:47,577 --> 01:37:55,017
for any young dads out there, you're feeling this struggle, right? And probably for old dads too.

1620
01:37:55,477 --> 01:37:58,757
I'm sure it's a constant struggle. I'm sure the struggle doesn't go away. I'm not trying to

1621
01:37:58,757 --> 01:38:04,097
discount the old dads out there. Even the boomer dads. There are many great boomer Bitcoiners. I've

1622
01:38:04,097 --> 01:38:11,017
met a lot of you. I can't wait to meet more. But this idea that how do you strike the balance

1623
01:38:11,017 --> 01:38:16,697
between wanting to make sure as a man, you take care of your family and you make sure they're

1624
01:38:16,697 --> 01:38:23,317
taken care of even if the worst should happen to you and you make sure that you have everything in

1625
01:38:23,317 --> 01:38:27,317
place to be able to set them up when hopefully you are there you know knock on wood for a very

1626
01:38:27,317 --> 01:38:31,037
very very long time you want to make sure that you can give them the the life that you want to give

1627
01:38:31,037 --> 01:38:36,497
them but ultimately it's like when anybody looks back in their deathbed right they're never like

1628
01:38:36,497 --> 01:38:43,937
i wish i would have made that extra ten thousand dollars or whatever like no nobody's ever it's

1629
01:38:43,937 --> 01:38:47,357
like, I wish I would have spent more time with my family. I wish I would have spent, like, that's

1630
01:38:47,357 --> 01:38:51,017
what everyone always says. I wish I would have spent, spent more time. I wish I would have been

1631
01:38:51,017 --> 01:38:56,117
home more. I wish I wouldn't, wish it wouldn't have worked so much. That's what everyone says.

1632
01:38:56,417 --> 01:39:00,537
Everyone. I mean, okay. Maybe not everyone. You can probably find a couple of examples, right? But

1633
01:39:00,537 --> 01:39:05,557
pretty much everyone's like on their deathbed and they're like, yeah, boy, I guess I should,

1634
01:39:05,657 --> 01:39:08,757
just should have been around more. Should have, you know, should have just been home more. Should

1635
01:39:08,757 --> 01:39:12,717
have just been present more. And so that's what I try to lead with. But at the same time, like,

1636
01:39:12,717 --> 01:39:17,697
obviously you can't just be a fucking bum that does nothing and you do need to produce value

1637
01:39:17,697 --> 01:39:22,317
you do need to make sure your family's taken care of of course and you should but man it's a hard

1638
01:39:22,317 --> 01:39:27,917
balance to strike it's a really hard balance to strike i don't have the answers i'm just literally

1639
01:39:27,917 --> 01:39:34,937
still figuring out i'm a new dad uh try to figure it out i don't think i'm gonna figure out the

1640
01:39:34,937 --> 01:39:40,237
answer i'm probably going to be on my deathbed someday being like yep didn't get it right probably

1641
01:39:40,237 --> 01:39:44,677
just going to have wished I would have spent even more time with my family and less time working.

1642
01:39:45,077 --> 01:39:53,157
But I don't know. It's hard, man. It's hard. But I am grateful because Bitcoin at least does give

1643
01:39:53,157 --> 01:39:58,917
us a much better chance to find that balance. And I think that that's really important. The

1644
01:39:58,917 --> 01:40:03,977
opportunity to find the balance because you can't find the balance in the fiat world. The fiat world

1645
01:40:03,977 --> 01:40:09,977
is a rat race, hamster wheel, whatever you want to say. It's impossible to find balance. There is

1646
01:40:09,977 --> 01:40:15,857
no balance in the fiat world. It just doesn't exist. With Bitcoin, we can find some balance

1647
01:40:15,857 --> 01:40:20,417
because you have the freedom to actually make the decision about what you want to do with your time.

1648
01:40:20,797 --> 01:40:25,157
You actually have the, you own your time more when you own Bitcoin because Bitcoin is the only thing

1649
01:40:25,157 --> 01:40:30,697
you can own. And I think that that's, I'm very grateful that Bitcoin exists for that. I mean,

1650
01:40:30,697 --> 01:40:38,737
thank God for Bitcoin. Man, I wish I could meet Satoshi someday just to shake, shake his hand,

1651
01:40:38,737 --> 01:40:43,737
have a beer boy and just thank him because man,

1652
01:40:43,817 --> 01:40:45,397
imagine the world without Bitcoin.

1653
01:40:46,477 --> 01:40:49,317
What a dark fucking place that would be.

1654
01:40:49,357 --> 01:40:50,917
Not a place I'd like to live in folks.

1655
01:40:51,037 --> 01:40:52,577
Not a place I'd like to live in.

1656
01:40:53,617 --> 01:40:54,197
Oh boy,

1657
01:40:54,317 --> 01:40:54,577
guys.

1658
01:40:54,657 --> 01:40:54,857
Sorry.

1659
01:40:54,897 --> 01:40:55,957
I got super serious there,

1660
01:40:55,977 --> 01:40:56,397
but it's like,

1661
01:40:56,457 --> 01:40:57,917
it is like one in the morning to be fair.

1662
01:40:57,917 --> 01:40:58,717
And I've had some beers.

1663
01:40:58,717 --> 01:40:58,997
So,

1664
01:40:59,057 --> 01:40:59,217
you know,

1665
01:40:59,217 --> 01:41:00,637
like what are you going to do?

1666
01:41:00,637 --> 01:41:08,277
We're at 125,126 infinitely printable fiat cuck bucks per Bitcoin.

1667
01:41:08,737 --> 01:41:10,017
What a day it is.

1668
01:41:10,837 --> 01:41:12,937
What do we have in the Noster chat here?

1669
01:41:13,177 --> 01:41:15,197
Chef Tommy, thank you for the zap.

1670
01:41:15,517 --> 01:41:18,097
I think there's been a couple other zaps I didn't thank people for.

1671
01:41:18,597 --> 01:41:20,317
Phil Mustang, thank you for the zap.

1672
01:41:20,657 --> 01:41:21,897
Oh, Uncle Jim, you're in here.

1673
01:41:21,997 --> 01:41:23,417
You just zapped 6969 sats.

1674
01:41:23,497 --> 01:41:25,077
I just saw your message on Signal 2.

1675
01:41:25,457 --> 01:41:26,597
I was looking over here at the side.

1676
01:41:26,677 --> 01:41:27,377
What's up, Uncle Jim?

1677
01:41:28,157 --> 01:41:30,857
Andy Nelson, thank you for the zap of 5,000 sats.

1678
01:41:32,517 --> 01:41:33,457
Shut a face.

1679
01:41:33,877 --> 01:41:34,677
Thank you for the zap.

1680
01:41:35,857 --> 01:41:36,177
Let's see.

1681
01:41:36,237 --> 01:41:36,857
Did I get everybody?

1682
01:41:37,577 --> 01:41:38,217
No, let's see.

1683
01:41:38,737 --> 01:41:39,837
Another Andy Nelson.

1684
01:41:39,997 --> 01:41:40,357
Thank you.

1685
01:41:40,977 --> 01:41:41,517
Sawzall.

1686
01:41:41,877 --> 01:41:42,657
Thank you for the zap.

1687
01:41:43,177 --> 01:41:43,577
Imposter.

1688
01:41:43,677 --> 01:41:44,317
Thank you for the zap.

1689
01:41:45,577 --> 01:41:47,997
Carmack Local Corner Store LCS.

1690
01:41:48,277 --> 01:41:49,017
Thank you for the zap.

1691
01:41:49,197 --> 01:41:50,337
Daniel, you son of a bitch.

1692
01:41:50,417 --> 01:41:51,177
Thanks for the zap.

1693
01:41:52,357 --> 01:41:53,277
And let's see.

1694
01:41:53,317 --> 01:41:53,817
Heather Larson.

1695
01:41:53,957 --> 01:41:54,697
Thank you for the zap.

1696
01:41:55,457 --> 01:41:56,017
Who else do we have?

1697
01:41:56,137 --> 01:41:56,937
A couple more.

1698
01:41:58,317 --> 01:41:59,197
Nakas 18.

1699
01:41:59,557 --> 01:41:59,957
Thank you.

1700
01:42:00,037 --> 01:42:01,017
Chris, thank you.

1701
01:42:01,617 --> 01:42:04,817
And the first zap of the night was from T-Dub.

1702
01:42:04,977 --> 01:42:05,557
Thank you.

1703
01:42:05,857 --> 01:42:07,117
Guys, it's nice to be here with you.

1704
01:42:07,117 --> 01:42:09,317
I hope you guys are having a good time.

1705
01:42:09,497 --> 01:42:10,217
I don't know if this is good.

1706
01:42:10,257 --> 01:42:11,977
I don't know if I'm good live streaming by myself.

1707
01:42:13,157 --> 01:42:13,677
I've actually,

1708
01:42:13,757 --> 01:42:16,197
I don't think I've actually ever done a live stream by myself,

1709
01:42:16,277 --> 01:42:17,497
but it just felt like an appropriate time.

1710
01:42:17,577 --> 01:42:22,077
I was either going to do this or I was going to edit Bitcoin podcasts.

1711
01:42:22,317 --> 01:42:22,857
And honestly,

1712
01:42:23,857 --> 01:42:24,317
so that's,

1713
01:42:24,377 --> 01:42:28,037
it's kind of like my nightly routine is Carl and I put our son to bed.

1714
01:42:31,257 --> 01:42:36,937
Eventually then I put Carla to bed because she sweet thing will usually

1715
01:42:36,937 --> 01:42:38,257
fall asleep far before me.

1716
01:42:39,177 --> 01:42:40,997
We were trying to watch the

1717
01:42:40,997 --> 01:42:43,177
Naked Gun Liam Neeson

1718
01:42:43,177 --> 01:42:45,077
version tonight, which

1719
01:42:45,077 --> 01:42:47,057
honestly I thought was just a good old-fashioned

1720
01:42:47,057 --> 01:42:49,137
slapstick comedy. We need more

1721
01:42:49,137 --> 01:42:50,457
of that. Just, you know,

1722
01:42:50,697 --> 01:42:53,237
no weird woke agenda in it.

1723
01:42:53,297 --> 01:42:55,237
Just like a, I don't know, just a

1724
01:42:55,237 --> 01:42:57,097
funny slapstick stupid movie.

1725
01:42:57,657 --> 01:42:59,057
Loved it. Pam

1726
01:42:59,057 --> 01:43:01,057
Anderson in there, too. Loved that her and

1727
01:43:01,057 --> 01:43:03,097
old Liam are, you know,

1728
01:43:03,617 --> 01:43:05,057
apparently together right now. That's like

1729
01:43:05,057 --> 01:43:07,437
as far as my gossip into Hollywood goes,

1730
01:43:07,477 --> 01:43:08,577
is I'm just like, apparently, you know,

1731
01:43:08,597 --> 01:43:11,537
Liam Neeson after losing his wife

1732
01:43:11,537 --> 01:43:13,637
and after many years decides like,

1733
01:43:13,677 --> 01:43:15,757
you know what, maybe I'll get back in the scene again

1734
01:43:15,757 --> 01:43:16,817
and it'll be with Pam Anderson.

1735
01:43:16,977 --> 01:43:18,757
It's like, bless you, sir.

1736
01:43:19,257 --> 01:43:21,157
Yeah, that's what a respect,

1737
01:43:21,537 --> 01:43:24,477
that's a respectful way to honor your wife's legacy

1738
01:43:24,477 --> 01:43:25,297
after many years.

1739
01:43:25,557 --> 01:43:27,577
And then if you were going to get back in the market,

1740
01:43:27,577 --> 01:43:28,677
like doing it with Pam Anderson,

1741
01:43:28,677 --> 01:43:31,517
like hats off to you, Qui-Gon Jinn.

1742
01:43:31,777 --> 01:43:32,237
You know what I mean?

1743
01:43:32,557 --> 01:43:34,877
Like, poof, boy, nice job.

1744
01:43:35,057 --> 01:43:39,157
But yeah, so moral of the story, she goes to bed, and this is the case most nights, goes

1745
01:43:39,157 --> 01:43:42,017
to bed far before me, and then I come to the old podcast studio.

1746
01:43:42,637 --> 01:43:45,537
Usually I do my editing, though, on a walking pad.

1747
01:43:45,857 --> 01:43:47,197
I am a walker, after all.

1748
01:43:47,597 --> 01:43:48,737
That's literally my name.

1749
01:43:49,757 --> 01:43:51,617
And usually I do my editing on a walking pad.

1750
01:43:51,997 --> 01:43:55,497
But tonight, I don't know, I didn't fucking feel like editing.

1751
01:43:56,417 --> 01:43:57,657
And so here we are.

1752
01:43:57,777 --> 01:43:58,517
We're still streaming.

1753
01:43:58,737 --> 01:44:00,357
What are we at price-wise, guys?

1754
01:44:00,437 --> 01:44:01,417
What are we at?

1755
01:44:01,997 --> 01:44:02,617
Let's see.

1756
01:44:02,617 --> 01:44:08,637
we're at $125,011.

1757
01:44:09,817 --> 01:44:11,957
That's Bitcoin so boring right now.

1758
01:44:12,397 --> 01:44:13,337
So boring.

1759
01:44:13,777 --> 01:44:17,877
Just chilling there at $125,000 per coin.

1760
01:44:18,297 --> 01:44:19,477
What a ridiculous thing.

1761
01:44:19,477 --> 01:44:23,877
I can't imagine how the people feel who have been in since like Bitcoin was,

1762
01:44:24,077 --> 01:44:27,857
you know, like $1,000 or $100 or $10 or $1.

1763
01:44:28,597 --> 01:44:30,017
Like I'm not one of those people.

1764
01:44:30,017 --> 01:44:34,957
But I still feel crazy that I was able to buy in the depths of the bear market,

1765
01:44:35,437 --> 01:44:39,557
stack some sats at like 16K, scrounging up whatever pennies I could.

1766
01:44:40,557 --> 01:44:45,837
Man, I can't imagine how people feel who have been in since God only knows when.

1767
01:44:46,017 --> 01:44:49,677
That fucking whale who sold, what was it, 80,000 Bitcoin?

1768
01:44:51,257 --> 01:44:53,277
That's just nuts.

1769
01:44:54,117 --> 01:44:58,257
I just can't even fathom $80 billion worth of Bitcoin.

1770
01:44:58,257 --> 01:45:02,837
I mean, it's worth more now, but like, just mind-blowing.

1771
01:45:03,817 --> 01:45:05,837
It's got to just be a trip.

1772
01:45:06,657 --> 01:45:10,537
It's amazing to see the world being repriced by autists.

1773
01:45:11,377 --> 01:45:12,957
You love to see it, right?

1774
01:45:13,257 --> 01:45:17,857
The world was controlled by psychopaths and is controlled by psychopaths right now.

1775
01:45:17,877 --> 01:45:30,955
There a great book John Ronson has called The Psychopath Test You should read it It short it quick It basically about how we see a ton of psychopathy at high levels of uh you know publicly traded companies

1776
01:45:31,295 --> 01:45:38,275
government, et cetera, et cetera. But I think that we're, we were in an era of psychopathic control

1777
01:45:38,275 --> 01:45:44,895
for a long time. We're still in that era. I think that we are transitioning to an era of

1778
01:45:44,895 --> 01:45:50,675
autistic control. And I think that's ultimately much better. Like the autists will do a better

1779
01:45:50,675 --> 01:46:01,775
job than the psychopaths did because, excuse me, autists can feel empathy. Even if they're bad at

1780
01:46:01,775 --> 01:46:08,095
dealing with people, it doesn't matter. They can still feel empathy. Psychopaths literally can't

1781
01:46:08,095 --> 01:46:13,115
feel empathy. They don't care about their fellow human. They don't care at all. They literally only

1782
01:46:13,115 --> 01:46:18,055
care about themselves. So like, which would you rather have running a company, a government,

1783
01:46:18,175 --> 01:46:23,575
whatever, like a psychopath or an autist? Well, I'll take an autist 10 times out of 10. We need

1784
01:46:23,575 --> 01:46:28,375
more autists in government and fewer psychopaths. But the problem is those psychopaths, they're

1785
01:46:28,375 --> 01:46:34,095
crafty fuckers. They are slick. They are slick motherfuckers. We need to root out that we need

1786
01:46:34,095 --> 01:46:39,115
to root out the communists. We need to root out the psychopaths, get them the fuck out of here

1787
01:46:39,115 --> 01:46:42,055
and get more autists in power.

1788
01:46:42,495 --> 01:46:44,155
That's what I have to say about that.

1789
01:46:44,255 --> 01:46:45,475
Milk, thank you for the zap.

1790
01:46:46,175 --> 01:46:47,115
420 sats.

1791
01:46:47,555 --> 01:46:48,555
Amazing stream, brother.

1792
01:46:48,695 --> 01:46:49,035
Thank you.

1793
01:46:49,075 --> 01:46:50,495
You're going to make me blush.

1794
01:46:51,675 --> 01:46:54,475
I realize when I say things like root out the communists,

1795
01:46:55,015 --> 01:46:57,115
that may sound a little questionable.

1796
01:46:59,315 --> 01:47:01,255
Luckily, the communists root themselves out

1797
01:47:01,255 --> 01:47:03,835
because modern communists can't wait to tell you

1798
01:47:03,835 --> 01:47:04,855
they're a fucking commie.

1799
01:47:05,435 --> 01:47:05,955
You know what I mean?

1800
01:47:05,955 --> 01:47:08,795
They cannot wait to be like, yeah, I'm a communist.

1801
01:47:08,795 --> 01:47:15,155
yeah you don't care about everyone you don't want everyone to be equal and just have a decent

1802
01:47:15,155 --> 01:47:18,335
standard of living and just you know you don't believe in universal health care and you don't

1803
01:47:18,335 --> 01:47:21,855
think health care is a human right and you don't think that you don't care about these like really

1804
01:47:21,855 --> 01:47:26,095
fucking banal talking points that i think sound really smart but actually just you know reveal

1805
01:47:26,095 --> 01:47:36,135
that i'm a big dumb fucking retard oh communists they're exhausting they're exhausting well maybe

1806
01:47:36,135 --> 01:47:39,175
I'll just give a repost of this stream and just say,

1807
01:47:39,895 --> 01:47:43,655
communists versus autists.

1808
01:47:44,055 --> 01:47:46,495
Communist psychopaths versus autists.

1809
01:47:46,695 --> 01:47:47,575
Yeah, there we go.

1810
01:47:47,775 --> 01:47:48,375
That's better.

1811
01:47:48,715 --> 01:47:50,615
Man, I'll just say, again,

1812
01:47:51,335 --> 01:47:56,455
we should really, really be ridiculing the commies

1813
01:47:56,455 --> 01:47:58,515
as much as possible.

1814
01:47:59,135 --> 01:48:01,435
Treat them worse than you would treat a Nazi.

1815
01:48:01,695 --> 01:48:02,095
Seriously.

1816
01:48:02,975 --> 01:48:05,315
Again, Nazis, bad.

1817
01:48:05,315 --> 01:48:07,395
This isn't Walker saying Nazis are good.

1818
01:48:08,215 --> 01:48:10,315
Like Nazis are bad.

1819
01:48:11,095 --> 01:48:12,195
That's a bad ideology.

1820
01:48:12,555 --> 01:48:14,715
Communism is a bad ideology.

1821
01:48:14,955 --> 01:48:18,295
You should just absolutely ridicule it.

1822
01:48:18,755 --> 01:48:25,995
And anybody who tried like, just like you can just very easily Google or ask any of the various chats.

1823
01:48:25,995 --> 01:48:34,375
Ask ChatGPT, ask Grok, ask Gemini, ask Claude, ask whichever, whichever chat you're currently, you're currently in a relationship with.

1824
01:48:34,375 --> 01:48:40,935
Just ask them like, which political ideology has resulted in more death?

1825
01:48:41,155 --> 01:48:41,455
Which one?

1826
01:48:42,075 --> 01:48:43,515
Fascism or communism?

1827
01:48:44,415 --> 01:48:47,575
And it'll try to do some weird moralizing at first.

1828
01:48:48,495 --> 01:48:50,255
You should actually try this.

1829
01:48:50,795 --> 01:48:53,595
It'll try to do some weird moralizing at first about how,

1830
01:48:53,595 --> 01:48:55,935
how some of them are like, well, fascism is,

1831
01:48:56,195 --> 01:48:58,175
you just got to be careful of it.

1832
01:48:59,595 --> 01:49:01,795
Ultimately, it'll be like, well, okay, you know, fascism,

1833
01:49:01,795 --> 01:49:04,215
maybe like, you know, five to 10 million.

1834
01:49:04,375 --> 01:49:11,875
And this is, again, assuming that the Nazis were fascists and not just actually like a weird psychotic breed of totalitarian socialists, whatever.

1835
01:49:12,015 --> 01:49:12,895
We don't even have to get into that.

1836
01:49:13,015 --> 01:49:15,155
We'll just call them fascists, right?

1837
01:49:15,335 --> 01:49:17,575
Say for the purpose of argument, the Nazis are fascists.

1838
01:49:18,695 --> 01:49:25,475
But it doesn't matter because the Nazis are a drop in the bucket compared to what the communists have done.

1839
01:49:25,475 --> 01:49:29,855
Again, order of magnitude, maybe more.

1840
01:49:31,175 --> 01:49:33,135
Commies just, a lot of people die.

1841
01:49:33,135 --> 01:49:34,915
A lot of people die.

1842
01:49:35,675 --> 01:49:39,135
And if they don't outright kill them, they starve to death,

1843
01:49:39,315 --> 01:49:42,215
which is honestly just like the worst.

1844
01:49:42,515 --> 01:49:45,155
This is going to be a super depressing stream, though, guys.

1845
01:49:45,175 --> 01:49:45,595
I'm sorry.

1846
01:49:45,715 --> 01:49:47,475
Let's pick this up a notch.

1847
01:49:48,295 --> 01:49:52,875
Let's talk about Caps Lock, Moon Boy, Bitcoin.

1848
01:49:53,975 --> 01:49:56,355
Okay, so I do a thing sometimes, guys.

1849
01:49:57,135 --> 01:49:59,635
I do this more so on X, less so on Nostra.

1850
01:49:59,635 --> 01:50:12,895
Noster is the only place where I try to every single day post the phrase, it's a beautiful day to be alive, with a picture of the sky wherever I happen to be looking at it when I'm touching grass at that particular moment.

1851
01:50:13,335 --> 01:50:14,655
I try to do that every day.

1852
01:50:14,775 --> 01:50:15,735
I don't always get it every day.

1853
01:50:16,415 --> 01:50:20,775
I live in the Midwest and sometimes the sky is a little bit murky.

1854
01:50:21,775 --> 01:50:23,155
We've had some great skies lately.

1855
01:50:23,455 --> 01:50:24,555
Leaves are changing right now.

1856
01:50:24,595 --> 01:50:25,135
It's beautiful.

1857
01:50:26,075 --> 01:50:27,195
What a time to be alive.

1858
01:50:27,415 --> 01:50:27,955
I love the fall.

1859
01:50:27,955 --> 01:50:36,895
but i try to post this every day on x on the other hand i tend to troll a lot more and post a lot more

1860
01:50:36,895 --> 01:50:42,015
engagement farming clickbait and one of the things i do which my wife absolutely hates but i think

1861
01:50:42,015 --> 01:50:49,715
secretly loves a little bit is i post uh i'll quote tweet something or just tweet something with

1862
01:50:49,715 --> 01:50:55,715
just are you paying attention in all caps um and this i thought was a very obvious tongue-in-cheek

1863
01:50:55,715 --> 01:50:59,315
like nod to all the caps lock moon boys who were like, here we go.

1864
01:50:59,715 --> 01:51:03,635
Trillions incoming, like buckle up. Uh,

1865
01:51:04,395 --> 01:51:07,035
apparently it's not so obvious to everyone, but again,

1866
01:51:07,195 --> 01:51:11,075
80% of people are functionally retarded. So that's a different, you know,

1867
01:51:11,075 --> 01:51:14,995
whatever. Uh, 79% technically like, uh,

1868
01:51:15,935 --> 01:51:20,395
we go by Pareto. Sure. It's 80, but Pareto is really just ripping off Fibonacci,

1869
01:51:20,575 --> 01:51:22,715
which is okay. But whatever, we won't get into the weeds here.

1870
01:51:23,455 --> 01:51:25,575
80% of people are too retarded to understand it anyway.

1871
01:51:25,715 --> 01:51:30,275
Um, but point being, I thought that this was really obvious that this was like a troll.

1872
01:51:30,375 --> 01:51:33,495
Apparently it's not because people are like, God, it's so obnoxious to you with your caps lock.

1873
01:51:33,535 --> 01:51:35,755
And I'm like, Oh my God, you guys, I'm trolling the caps lock people.

1874
01:51:35,895 --> 01:51:42,315
But apparently like you can't even do some really obvious satire anymore without people getting up in arms about it.

1875
01:51:42,315 --> 01:51:43,095
So I don't know.

1876
01:51:43,935 --> 01:51:54,215
Point being, boy, if you ever see me doing anything about an announcement of an announcement or anything in caps lock, it's almost certainly me trolling.

1877
01:51:54,215 --> 01:51:56,215
I just want to put that out there.

1878
01:51:56,595 --> 01:51:59,495
So I'm sorry if I deceived you guys.

1879
01:51:59,635 --> 01:52:03,275
I feel really bad about it, but I just thought it was obvious.

1880
01:52:03,735 --> 01:52:04,655
I don't know.

1881
01:52:04,955 --> 01:52:05,615
I don't know, man.

1882
01:52:05,855 --> 01:52:06,695
What are we at now?

1883
01:52:07,355 --> 01:52:08,495
My God.

1884
01:52:08,875 --> 01:52:09,815
Oh my God.

1885
01:52:10,455 --> 01:52:18,815
We've crashed 124,921 infinitely printable fiat cuck bucks per Bitcoin.

1886
01:52:19,315 --> 01:52:20,475
It's crazy.

1887
01:52:20,475 --> 01:52:27,675
They still let you exchange these little digital fiat scraps for Bitcoin.

1888
01:52:28,175 --> 01:52:29,455
Just wild.

1889
01:52:30,575 --> 01:52:31,655
Absolutely wild.

1890
01:52:32,935 --> 01:52:33,815
What a world.

1891
01:52:34,135 --> 01:52:34,595
What a world.

1892
01:52:36,955 --> 01:52:37,795
Boy, oh boy.

1893
01:52:39,135 --> 01:52:39,975
Guys, we'll see.

1894
01:52:40,115 --> 01:52:42,155
Oh my God, it's 121 right now.

1895
01:52:42,755 --> 01:52:46,615
I just love that the wife and son are just sleeping away peacefully right now.

1896
01:52:47,075 --> 01:52:48,795
Not a care in the world, as it should be.

1897
01:52:48,795 --> 01:52:53,975
meanwhile i'm out here in the trenches just bitcoin podcasting people don't understand

1898
01:52:53,975 --> 01:52:59,615
the life of the bitcoin podcaster i mean my god it's like i described this recently it's

1899
01:52:59,615 --> 01:53:06,275
basically like live streaming brain surgery on two different people at the same time to a hundred

1900
01:53:06,275 --> 01:53:13,315
thousand people and that's basically it's the weight the bitcoin podcaster carries on their

1901
01:53:13,315 --> 01:53:19,595
shoulders. It's, it's not easy. It's not easy. It really isn't. But you know, somebody has got to

1902
01:53:19,595 --> 01:53:24,695
do it. And if you're listening to this right now and you're like, this guy fucking sucks. I could

1903
01:53:24,695 --> 01:53:30,395
do a better job than him. You're right. You could. And you know what, Sonny, you should start a

1904
01:53:30,395 --> 01:53:36,995
Bitcoin podcast. You listening to this right now, you should start a Bitcoin podcast. You should

1905
01:53:36,995 --> 01:53:42,255
start it tonight. In fact, maybe not tonight, tonight, unless you're on European time, in which

1906
01:53:42,255 --> 01:53:48,675
case it's like it's it's this morning for you so in that case start it right away but yeah we need

1907
01:53:48,675 --> 01:53:55,755
more bitcoin podcasts you may think i suck but hey just listen to a trad fi podcast sometime

1908
01:53:55,755 --> 01:54:04,115
oh boy golly do they ever suck like they are the worst it is painful it's insane it's like not

1909
01:54:04,115 --> 01:54:09,135
financial advice it's like yeah but you're like you have like a financial advice podcast this is

1910
01:54:09,135 --> 01:54:12,715
this is terrible. How are you like, how are you getting away with this? How is any, like,

1911
01:54:12,955 --> 01:54:18,935
what is even happening right now? Seriously, if you really want to just like cook your noodle a

1912
01:54:18,935 --> 01:54:25,555
little bit, let's go listen to a TradFi podcast for like five minutes. And it's just, whoa,

1913
01:54:26,215 --> 01:54:32,735
I have an aneurysm. It's not good. It is not good at all, guys. Not good. But yeah,

1914
01:54:33,495 --> 01:54:38,315
let's see how much longer am I going to make it here? I mean, I was hoping we might like blow off

1915
01:54:38,315 --> 01:54:44,755
that blow off that 124, something, something, and you know, just like rip up to one 30.

1916
01:54:45,155 --> 01:54:51,095
It appears we're just hovering around like one 25, which is just so boring. Only 125,000

1917
01:54:51,095 --> 01:54:57,315
infinitely printable fiat cook bucks per Bitcoin. How sad, how very, very sad, but you know what?

1918
01:54:57,315 --> 01:55:03,235
We'll make it through. We will make it through. Um, also speaking of live streams, I do, I have

1919
01:55:03,235 --> 01:55:08,575
a new weekly show. This is a shill. I have a new weekly show. It's like, I was so thirsty.

1920
01:55:09,235 --> 01:55:12,055
I'm so thirsty. I have a new weekly show that I'm doing with

1921
01:55:12,055 --> 01:55:22,995
rocks and TV. It's usually on Tuesdays from one to four. Wait, one to four. Yeah. One to four

1922
01:55:22,995 --> 01:55:31,515
Eastern time. Uh, it's a live show. It's outside of the podcast as is this right now next week or

1923
01:55:31,515 --> 01:55:35,515
this coming week, I should say I'm doing it on Monday. So I guess that's, well, now it's like

1924
01:55:35,515 --> 01:55:41,235
tomorrow. Cause I guess today's technically Sunday already. So it's tomorrow. I'm doing it from,

1925
01:55:41,235 --> 01:55:48,295
I think like, let's see, let's see from two to 5 PM. It's got some travel on the next day,

1926
01:55:48,295 --> 01:55:55,455
but yeah, if you're listening to this right now and you're like, Hey, you're doing a terrible job

1927
01:55:55,455 --> 01:55:59,475
live streaming. I'm going to want to come on and talk to you in your live stream about how terrible

1928
01:55:59,475 --> 01:56:04,935
you are. I'll be doing more of them for three hours every week on Roxham. So if you want to

1929
01:56:04,935 --> 01:56:10,575
come and tell me how terrible I am, you can just shoot me a shoot me an email at hello at

1930
01:56:10,575 --> 01:56:18,555
Bitcoin podcast.net. And I might respond and schedule you on this. Sorry, I'm burpy guys,

1931
01:56:18,635 --> 01:56:24,475
I apologize. And schedule you on this, this Roxham show. I like what Roxham is doing. It's

1932
01:56:24,475 --> 01:56:28,275
They're going for like 24-7 Bitcoin news coverage, which is like not easy.

1933
01:56:28,855 --> 01:56:30,655
I'm not so great on the news side.

1934
01:56:30,835 --> 01:56:36,035
Like this is literally, I think like the first time I've ever done like a, you know, massive breaking stream.

1935
01:56:36,135 --> 01:56:38,335
I didn't even say, fuck, I forgot to say massive breaking.

1936
01:56:38,755 --> 01:56:39,735
I tweeted this out.

1937
01:56:40,335 --> 01:56:42,775
Like what an idiot, you know, I'm clearly bad at this.

1938
01:56:43,775 --> 01:56:46,855
But I'm usually not like a news type guy.

1939
01:56:46,935 --> 01:56:48,915
Just rather like sit down and have a conversation with people.

1940
01:56:49,955 --> 01:56:54,095
But in this case on Roxham, I'm also just sitting down and having a conversation with people.

1941
01:56:54,095 --> 01:56:55,835
but it's three hours that I have to fill.

1942
01:56:56,015 --> 01:56:57,855
So the cool thing is that I get to fill it with like,

1943
01:56:57,975 --> 01:56:58,255
uh,

1944
01:56:58,955 --> 01:57:00,075
with some interesting stuff,

1945
01:57:00,075 --> 01:57:00,475
right?

1946
01:57:00,555 --> 01:57:01,075
That's like,

1947
01:57:01,075 --> 01:57:02,615
it's like a long time to fill.

1948
01:57:03,755 --> 01:57:05,535
It's hard to go for three hours.

1949
01:57:05,675 --> 01:57:05,815
Honestly,

1950
01:57:05,915 --> 01:57:06,115
again,

1951
01:57:06,315 --> 01:57:07,375
Bitcoin podcasting,

1952
01:57:07,415 --> 01:57:08,355
everybody thinks it's easy.

1953
01:57:09,455 --> 01:57:10,175
It ain't.

1954
01:57:11,055 --> 01:57:11,575
It's a,

1955
01:57:11,635 --> 01:57:13,735
it's a hard knock life out there for a Bitcoin podcaster,

1956
01:57:13,875 --> 01:57:14,535
but you know what?

1957
01:57:14,735 --> 01:57:15,675
Somebody's got to do it.

1958
01:57:15,875 --> 01:57:17,295
And if you're listening to this right now,

1959
01:57:17,355 --> 01:57:19,135
you should be Bitcoin podcasting.

1960
01:57:19,815 --> 01:57:23,995
You could be talking shit to me in a concurrent Bitcoin podcast live stream.

1961
01:57:24,095 --> 01:57:30,155
telling me how terrible I'm doing. Imagine, just imagine how wonderful that would be.

1962
01:57:31,435 --> 01:57:35,655
I don't know, guys. How are we doing? I'm going to check back on Noster. If you're not on Noster

1963
01:57:35,655 --> 01:57:43,215
also, what are you doing? What are you doing? I truly wish you would just wake up and smell the

1964
01:57:43,215 --> 01:57:48,795
freedom over on Noster. I see that Uno has commented on Noster, Primal has streaming now.

1965
01:57:48,795 --> 01:57:57,355
yes primal sure does uh uh fountain occasionally i don't know if it's like totally rolled out or

1966
01:57:57,355 --> 01:58:03,075
if it's just for beta users but they've also enabled live streaming amethyst the amethyst

1967
01:58:03,075 --> 01:58:08,815
noster client has enabled it i'm sure that will uh over at damas will probably enable it pretty

1968
01:58:08,815 --> 01:58:14,575
soon too honestly it's awesome but if you're not just generally using noster you really should be

1969
01:58:14,575 --> 01:58:23,415
uh like why not right it's it's just a better vibe uh although we did bring some of the same

1970
01:58:23,415 --> 01:58:27,375
drama over there from bitcoin x like now that drama is fading out because the beautiful thing

1971
01:58:27,375 --> 01:58:35,695
about nostr is that bad vibes are not rewarded on nostr on central it's it's honestly what i've

1972
01:58:35,695 --> 01:58:41,075
come down to is like the core thesis and gg said it much more eloquently and with a cool presentation

1973
01:58:41,075 --> 01:58:47,395
in his cool voice. He has an awesome video. He's posted on YouTube now. It's, you wouldn't zap a

1974
01:58:47,395 --> 01:58:53,995
car crash. And I think that's honestly, you can, if you go on YouTube and just go zap a car crash,

1975
01:58:54,095 --> 01:58:58,715
it should pop up. But his thesis was you wouldn't zap a car crash. And I thought that was genuinely

1976
01:58:58,715 --> 01:59:05,995
so meaningful. It's this idea that a car crash is what, like everybody pays it. Everybody looks at

1977
01:59:05,995 --> 01:59:09,955
everybody pays attention to everybody's rubberneck and, you know, on centralized social media

1978
01:59:09,955 --> 01:59:14,015
platforms, the car crash gets all the attention too, right? Because it's what the algorithm feeds

1979
01:59:14,015 --> 01:59:19,115
to everybody because they know that people will look at it. Like everybody looks at the car crash,

1980
01:59:19,475 --> 01:59:24,555
but what you won't do is you won't zap a car crash. And I thought that it's such a simple

1981
01:59:24,555 --> 01:59:30,695
statement, but it's so powerful because it's the idea that you ultimately, you don't zap bad vibes,

1982
01:59:31,115 --> 01:59:37,755
you zap good vibes. You're not going to send Bitcoin to something that's a bad vibe.

1983
01:59:37,755 --> 01:59:43,875
like you might look at it but it's on Noster that you're not algorithmically baited with it for one

1984
01:59:43,875 --> 01:59:49,935
and for two you're certainly not going to zap it like you're not going to send a little slice of

1985
01:59:49,935 --> 01:59:55,315
21 million bitcoin to a car crash it's like this is why I just think the vibes on Noster are

1986
01:59:55,315 --> 02:00:00,435
necessarily better it's because like people are incentivized to post things with good vibes

1987
02:00:00,435 --> 02:00:05,215
they're not you you can of course you know like not everything has a good vibe like life isn't all

1988
02:00:05,215 --> 02:00:10,635
unicorn farts and rainbows and daisies or whatever.

1989
02:00:11,555 --> 02:00:13,015
Some things have bad vibes.

1990
02:00:13,475 --> 02:00:15,135
Some things are very difficult to talk about.

1991
02:00:15,335 --> 02:00:15,755
That's fine.

1992
02:00:15,875 --> 02:00:17,755
But that's going to happen.

1993
02:00:18,295 --> 02:00:20,215
Various news items from around the world.

1994
02:00:20,355 --> 02:00:22,835
Sure, there's fucking death and destruction happening all the time.

1995
02:00:24,275 --> 02:00:29,215
But on Noster, what gets amplified are the good vibes.

1996
02:00:29,755 --> 02:00:31,155
And I think that that's a powerful thing.

1997
02:00:31,155 --> 02:00:38,255
And so if you've been feeling a lot of bad vibes lately on X or Instagram or Facebook,

1998
02:00:38,255 --> 02:00:41,995
if you're a boomer and you still use that, come on over to Noster and check it out.

1999
02:00:42,475 --> 02:00:46,055
Like, it's just a better vibe.

2000
02:00:47,375 --> 02:00:50,975
And Uno, I just saw you also say that Walker's voice makes you sleepy.

2001
02:00:51,835 --> 02:00:53,255
It's true. I'm sorry.

2002
02:00:53,675 --> 02:00:56,015
It is my real voice for what it's worth.

2003
02:00:56,715 --> 02:01:01,135
Every time I post a video on YouTube, not every time, most of the times,

2004
02:01:01,155 --> 02:01:04,015
somebody will comment like, yeah, like I like,

2005
02:01:04,135 --> 02:01:05,435
I like the episode and everything,

2006
02:01:05,435 --> 02:01:07,415
but what about this guy's Batman filter?

2007
02:01:07,555 --> 02:01:08,375
He's got in his voice.

2008
02:01:08,375 --> 02:01:11,195
And I'm like, I don't know how to do a Batman filter on my voice.

2009
02:01:11,195 --> 02:01:12,915
I don't know how to do, I don't know how to do that.

2010
02:01:12,955 --> 02:01:13,735
This is just my voice.

2011
02:01:14,095 --> 02:01:15,155
So I don't know what to tell you.

2012
02:01:15,535 --> 02:01:16,515
It's just how I sound.

2013
02:01:16,555 --> 02:01:17,095
And I'm sorry.

2014
02:01:17,655 --> 02:01:21,195
Um, uh, fish kick.

2015
02:01:21,255 --> 02:01:25,475
I see you say on Noster, we want to take one podcast.

2016
02:01:25,675 --> 02:01:28,695
Wait, what did you, we want a take one podcast,

2017
02:01:28,755 --> 02:01:30,815
not another Bitcoin podcast.

2018
02:01:31,155 --> 02:01:35,335
Actually, I don't think you said podcast, but, you know, I get what you're going for there.

2019
02:01:36,775 --> 02:01:38,075
What else do we have over here?

2020
02:01:38,895 --> 02:01:41,715
K Maximus zapped 1111 sats.

2021
02:01:41,915 --> 02:01:43,615
Great post. Thumbs up. Thank you.

2022
02:01:44,175 --> 02:01:45,975
No story is the good news network, says Uno.

2023
02:01:46,995 --> 02:01:54,035
XO Blort says the pursuit of or return to freedom should not be controlled with the motivation of personal pride.

2024
02:01:54,215 --> 02:01:57,415
Fuck, that's very deep for this time of night.

2025
02:01:57,755 --> 02:01:58,475
XO Blort.

2026
02:01:58,475 --> 02:02:06,455
damn i was not uh i was not quite ready for that to be this deep but damn okay

2027
02:02:06,455 --> 02:02:14,655
i'm gonna go rethink my life choices thanks a lot exo blort exo blort also said satoshi walked away

2028
02:02:14,655 --> 02:02:20,235
wait oh fuck i lost his mouth the fuck this is why i need a producer guys somebody to bring

2029
02:02:20,235 --> 02:02:24,895
these things up in my this is getting i'm so sorry exo blort you had a great message and i

2030
02:02:24,895 --> 02:02:28,715
want to find it. Where did it go? We're going to find it. All right. No, I can't find it.

2031
02:02:28,715 --> 02:02:35,715
Satoshi walked away. Marxism is an outgrowth of a narcissistic worldview. It is through a life of

2032
02:02:35,715 --> 02:02:41,775
dissatisfaction, envy, or feelings of resentment that this person nurses the idea that it would

2033
02:02:41,775 --> 02:02:48,055
be better to change everything that is. Damn, I don't know who you are, but you're dropping some

2034
02:02:48,055 --> 02:02:53,175
really heavy truth bombs tonight. And that's a really great point.

2035
02:02:53,175 --> 02:02:57,595
and maybe I'll slowly start to wrap up on this because I should go to bed at some point or else

2036
02:02:57,595 --> 02:03:02,835
my wife's going to be like what time did you come to bed and I'll be like 4 a.m I was busy live

2037
02:03:02,835 --> 02:03:11,215
streaming she'll understand she's amazing but exo blur it you make a great point it's generally that

2038
02:03:11,215 --> 02:03:22,115
the root of the communist idea is envy um and you're right that dissatisfaction

2039
02:03:22,115 --> 02:03:28,895
the dissatisfaction necessarily must be stoked by the people who are trying to agitate

2040
02:03:28,895 --> 02:03:34,415
to bring about communism, right? That dissatisfaction necessarily must be stoked.

2041
02:03:36,095 --> 02:03:46,735
The envy that fire must be lit and must be just stoked up as well. These are the cornerstones of

2042
02:03:46,735 --> 02:03:53,775
communism. It's the quintessential class warfare, right? It's the us versus them.

2043
02:03:54,895 --> 02:04:01,075
And what I think is so sad right now is we're at a time where for people who are in Bitcoin,

2044
02:04:01,835 --> 02:04:10,995
we see that it's not the rich versus the poor, right? It's not that it's the billionaires versus

2045
02:04:10,995 --> 02:04:18,675
everybody else, that's a red herring, right? It's really because the billionaires are a symptom,

2046
02:04:19,675 --> 02:04:26,575
right? The billionaires aren't the disease. The billionaires aren't the, the root cause.

2047
02:04:26,675 --> 02:04:31,655
In most of the cases, like the billionaires like fucking a, like I can get shit delivered to my

2048
02:04:31,655 --> 02:04:38,615
house from Amazon. I can, I can order a, some, I can order a fucking microphone and it's delivered

2049
02:04:38,615 --> 02:04:44,875
literally the same day to my house. Like that's insane. Like Jeff Bezos, like, wow. Like somehow

2050
02:04:44,875 --> 02:04:49,755
this has all worked out. Granted, there's a whole other lot of things in terms of like access to

2051
02:04:49,755 --> 02:04:54,835
cheap, cheap, cheap, cheap credit that the average person can't get. And we like, we can get into all

2052
02:04:54,835 --> 02:05:01,815
that, but I don't have another several hours. Okay. The moral of the story is like, it's not

2053
02:05:01,815 --> 02:05:05,855
the billionaire's fault that we are where we are. It's not the billionaire's fault that people are

2054
02:05:05,855 --> 02:05:11,375
suffering. It's the fault of the money printers. It's the fault of the people that are in charge

2055
02:05:11,375 --> 02:05:19,515
of the creation of new units, new monetary units. It is ultimately their fault. And it may sound

2056
02:05:19,515 --> 02:05:27,515
sensationalist to say that Bitcoin fixes this. But there's a reason that we say Bitcoin fixes this.

2057
02:05:28,435 --> 02:05:35,355
We say Bitcoin fixes this because in most cases it fucking does. Because in most cases,

2058
02:05:35,855 --> 02:05:40,655
The problem that we're talking about is not actually the problem.

2059
02:05:41,175 --> 02:05:43,095
It's the symptom of the problem.

2060
02:05:44,135 --> 02:05:48,955
The actual problem is that there is a dislocation somewhere.

2061
02:05:49,635 --> 02:05:52,555
That there is a broken incentive structure somewhere.

2062
02:05:53,335 --> 02:05:58,875
That there is a market being manipulated somewhere.

2063
02:05:59,875 --> 02:06:03,795
And that is leading to bad incentives which drive bad outcomes.

2064
02:06:03,795 --> 02:06:06,455
And Bitcoin does fix that in most cases.

2065
02:06:06,575 --> 02:06:09,815
Now, Bitcoin doesn't fix you as a person.

2066
02:06:11,095 --> 02:06:12,475
Bitcoin doesn't fix me.

2067
02:06:13,355 --> 02:06:18,235
Bitcoin can help us to be better people because it changes the way we think.

2068
02:06:18,695 --> 02:06:20,475
It changes the way we think about time.

2069
02:06:20,895 --> 02:06:22,815
It changes the way we think about money.

2070
02:06:23,415 --> 02:06:24,715
It changes the way we think about so many things.

2071
02:06:24,775 --> 02:06:27,555
It sends us down so many different rabbit holes, but it doesn't fix us.

2072
02:06:28,055 --> 02:06:30,855
It's not going to fix what's deeply broken in you if there is something.

2073
02:06:30,955 --> 02:06:31,875
Maybe there's not.

2074
02:06:31,875 --> 02:06:34,175
Maybe you are perfect the way you are, and that's fantastic.

2075
02:06:34,895 --> 02:06:35,675
Good for you.

2076
02:06:35,755 --> 02:06:38,315
But if you have something broken in you, Bitcoin's not going to fix it.

2077
02:06:39,195 --> 02:06:41,135
It can help put you down that path.

2078
02:06:41,435 --> 02:06:43,135
But Bitcoin doesn't just magically fix things.

2079
02:06:43,195 --> 02:06:44,395
What it does fix is incentives.

2080
02:06:45,815 --> 02:06:48,675
And what it does fix at the individual level is it gives you a new perspective.

2081
02:06:48,975 --> 02:06:49,915
That is powerful.

2082
02:06:50,275 --> 02:06:58,395
And as it relates to, say, this fucking fiat world that we all still operate in,

2083
02:06:58,395 --> 02:07:01,635
Bitcoin gives anyone who's willing to learn an option.

2084
02:07:01,935 --> 02:07:02,815
You have an option.

2085
02:07:02,955 --> 02:07:03,995
You have the optionality.

2086
02:07:04,115 --> 02:07:07,895
You have a chance to say, fuck that.

2087
02:07:08,135 --> 02:07:09,595
I don't want to do that anymore.

2088
02:07:09,875 --> 02:07:11,675
I don't want to play that game anymore.

2089
02:07:11,815 --> 02:07:13,015
I want to do something else.

2090
02:07:13,135 --> 02:07:14,835
And I think that that's really meaningful.

2091
02:07:15,875 --> 02:07:17,555
It's been really meaningful for me.

2092
02:07:18,775 --> 02:07:21,155
Like, I was a very bad saver.

2093
02:07:22,275 --> 02:07:25,755
I just wasn't good at it until Bitcoin.

2094
02:07:25,755 --> 02:07:29,755
I didn't have stacks of cash lying around that I then, you know, when I got into Bitcoin,

2095
02:07:29,835 --> 02:07:34,695
I was like, well, let me just deploy these big fat sacks of cash or buy all the Bitcoins with them.

2096
02:07:35,375 --> 02:07:39,915
No, it was like, I just didn't, I didn't have like any savings because I was really bad at saving.

2097
02:07:40,375 --> 02:07:45,795
And I'm not going to like, that was, that was a me problem, but it's also a problem of the fiat

2098
02:07:45,795 --> 02:07:52,815
system because the fiat system does not incentivize saving because saving in fiat is a terrible idea.

2099
02:07:52,815 --> 02:07:57,435
spending in fiat is a great idea. Saving in fiat is a terrible idea.

2100
02:07:58,495 --> 02:08:02,695
And I think a lot of people are in the same camp as me where it's, you were a bad saver,

2101
02:08:02,695 --> 02:08:10,175
but since adopting Bitcoin, you've had the ability to be a great saver because it's simpler now.

2102
02:08:10,795 --> 02:08:19,435
You just stack sats. That's it. That's all you have to do. You just stack sats. And that's

2103
02:08:19,435 --> 02:08:25,335
honestly like what an amazing cheat code doesn't have to be complicated you don't have to study the

2104
02:08:25,335 --> 02:08:32,215
charts every day all day you just have to stack sats and you'll be okay and your family will be

2105
02:08:32,215 --> 02:08:38,735
okay and like your children will be okay and probably your grandchildren your great-grandchildren

2106
02:08:38,735 --> 02:08:44,935
will be okay because we are so fucking early we are still at the fucking innovators phase

2107
02:08:44,935 --> 02:08:50,595
of the tech adoption curve. We're not even to the early majority yet. We're not even close.

2108
02:08:50,935 --> 02:08:56,035
We're not even close. And like, I don't know, we've got a long way to go

2109
02:08:56,035 --> 02:09:01,975
in terms of Bitcoin repriced in the fiat world because it is still massively mispriced,

2110
02:09:03,235 --> 02:09:07,635
massively mispriced. It's going to take some time, but gradually then suddenly. So let's see.

2111
02:09:07,855 --> 02:09:11,715
I don't know, guys, I guess what I would leave you with, because if I don't leave you soon,

2112
02:09:11,715 --> 02:09:13,535
I'm just going to keep on rambling forever.

2113
02:09:13,695 --> 02:09:16,675
I hope that for everyone that's been here, I appreciate you guys.

2114
02:09:17,315 --> 02:09:18,275
Thank you for being here.

2115
02:09:19,015 --> 02:09:21,675
I hope it was okay.

2116
02:09:22,635 --> 02:09:24,675
I'm not used to live streaming by myself.

2117
02:09:27,175 --> 02:09:29,635
We'll check the Bitcoin price one more time.

2118
02:09:29,795 --> 02:09:32,135
1.24.852.

2119
02:09:32,775 --> 02:09:33,215
Sure.

2120
02:09:34,575 --> 02:09:35,015
Okay.

2121
02:09:35,615 --> 02:09:37,275
That's enough looking at the Bitcoin price.

2122
02:09:37,495 --> 02:09:38,615
I've had a nice time with you guys.

2123
02:09:38,615 --> 02:09:43,955
It's fun to be here at this place in space and time and aware of Bitcoin, isn't it?

2124
02:09:44,855 --> 02:09:46,295
Like, how lucky are we?

2125
02:09:47,315 --> 02:09:50,655
We get to experience this moment.

2126
02:09:52,115 --> 02:09:54,615
Like, there's only...

2127
02:09:54,615 --> 02:10:00,335
We're watching Bitcoin reprice the entire world in real time.

2128
02:10:00,635 --> 02:10:02,555
We're here. We're right here for it.

2129
02:10:03,415 --> 02:10:05,895
It's pretty fucking cool. Pretty incredible.

2130
02:10:05,895 --> 02:10:10,315
this is the only time you get to watch this happen it's not going to be quite as exciting

2131
02:10:10,315 --> 02:10:18,615
100 years down the line you know give us a few generations of separation it's it's not going to be

2132
02:10:18,615 --> 02:10:25,635
it's not going to be quite so uh quite so volatile let's say so it's cool to be here right now

2133
02:10:25,635 --> 02:10:29,975
what does the future look like when bitcoin's ubiquitous do we still have bitcoin conferences

2134
02:10:29,975 --> 02:10:35,415
do we still have bitcoin meetups does that still exist i forget who it was i was talking to the

2135
02:10:35,415 --> 02:10:40,615
other day, but I was asking about that and they were like, well, there's still gold conferences

2136
02:10:40,615 --> 02:10:43,815
and gold's been around for like 5,000 years. And I was like, oh, you know what? Actually,

2137
02:10:44,135 --> 02:10:49,115
touche. Okay. Didn't give it. Yeah. Fair enough. Gold can do it. So we've got maybe like,

2138
02:10:49,395 --> 02:10:55,475
maybe we have 5,000 years of Bitcoin conferences left. I don't know. I don't know. But it's pretty

2139
02:10:55,475 --> 02:11:01,235
amazing to be here right now. There's only like this, this time is, is, is very, very singular.

2140
02:11:01,235 --> 02:11:03,255
We should use our time as best we can.

2141
02:11:03,475 --> 02:11:07,555
If you're a young parent like I am, spend as much time as you can with your family.

2142
02:11:07,835 --> 02:11:13,095
Try to find that balance between attempting to stack as many sats as you can

2143
02:11:13,095 --> 02:11:16,595
and also stack as much time as you can.

2144
02:11:17,615 --> 02:11:20,795
It's like, you can only stack more sats in the future.

2145
02:11:20,975 --> 02:11:22,815
You can never get back time.

2146
02:11:23,175 --> 02:11:24,755
That's what I keep coming back to, right?

2147
02:11:25,215 --> 02:11:26,375
TikTok next block.

2148
02:11:26,855 --> 02:11:28,275
Boy, that really applies to your time.

2149
02:11:28,415 --> 02:11:29,615
That's your life going by.

2150
02:11:29,615 --> 02:11:34,095
so I'm trying to find that balance right now if anybody has the secret I'd love to know it

2151
02:11:34,095 --> 02:11:40,635
for me right now the secret is spend as much time as I can while my wife and son are awake and when

2152
02:11:40,635 --> 02:11:48,655
they go to bed just bitcoin podcast that seems to be working out okay so far so we'll see I'll keep

2153
02:11:48,655 --> 02:11:55,615
it going for now but I appreciate you guys to do and I appreciate everybody on Noster there was a

2154
02:11:55,615 --> 02:12:00,015
lot of activity in this chat guys i'm to like go back and read all of it i only read some of it

2155
02:12:00,015 --> 02:12:05,635
too busy listening to the sound of my own voice you know um but i i do appreciate everybody who

2156
02:12:05,635 --> 02:12:11,315
hopped in here so i don't know where what time it is for all of you guys but it's 1 43 a.m so maybe

2157
02:12:11,315 --> 02:12:18,675
i'll chef tommy thank you for the zap by the way uh much appreciated and uh oh i think i already

2158
02:12:18,675 --> 02:12:25,455
thanked k maximus uh for the zap as well but i'll just say thank you again oh god talking this much

2159
02:12:25,455 --> 02:12:32,275
it really makes one's mouth dry. Perhaps I'll end now. Now I've got to think of something very

2160
02:12:32,275 --> 02:12:39,495
profound and important to say before I leave. I guess I would say a couple of things. The first

2161
02:12:39,495 --> 02:12:45,115
is please do remember if you are ever in a conversation with somebody and they tell you

2162
02:12:45,115 --> 02:12:49,735
that they're a communist, tell them to fuck themselves because they're a genocidal maniac.

2163
02:12:49,735 --> 02:12:51,735
make sure they know it

2164
02:12:51,735 --> 02:12:53,475
fuck those communists

2165
02:12:53,475 --> 02:12:57,215
call a communist a retard

2166
02:12:57,215 --> 02:12:59,215
every day

2167
02:12:59,215 --> 02:13:01,335
every day

2168
02:13:01,335 --> 02:13:03,455
make sure you do

2169
02:13:03,455 --> 02:13:05,595
because they are

2170
02:13:05,595 --> 02:13:07,975
they're murderous retards too

2171
02:13:07,975 --> 02:13:10,215
it's just the worst kind

2172
02:13:10,215 --> 02:13:11,975
so make sure you just

2173
02:13:11,975 --> 02:13:13,795
absolutely verbally

2174
02:13:13,795 --> 02:13:15,355
eviscerate a commie

2175
02:13:15,355 --> 02:13:18,215
because if you don't

2176
02:13:18,215 --> 02:13:19,715
verbally eviscerate them now

2177
02:13:19,715 --> 02:13:25,935
they will literally try to kill you later because that's what communists do every time,

2178
02:13:26,355 --> 02:13:34,035
every damn time. The other thing I would say is remember I got to a point with orange pilling

2179
02:13:34,035 --> 02:13:39,635
where I got so frustrated after so many, I had many successful attempts at orange pilling,

2180
02:13:39,875 --> 02:13:46,575
but I got to a point where I think I got very frustrated because, you know, you get shut down

2181
02:13:46,575 --> 02:13:50,915
a lot as well. And then you get to a point after that, I think, where you realize,

2182
02:13:51,395 --> 02:13:59,135
ah, I'm not going to orange pill anyone. Like I can't actually, I'm not force feeding anyone

2183
02:13:59,135 --> 02:14:03,175
the orange pill. That doesn't exist. It's not the orange suppository. You're not jamming it up their

2184
02:14:03,175 --> 02:14:07,315
ass, hopefully. And if you do, it's not going to, it's not going to work. You know, they have to

2185
02:14:07,315 --> 02:14:11,755
willingly take it. They have to take it themselves. And if they're going to take it themselves,

2186
02:14:11,755 --> 02:14:14,315
like it has to be them wanting to do it.

2187
02:14:15,315 --> 02:14:17,755
And so if you want somebody to do it,

2188
02:14:18,315 --> 02:14:19,675
you have to make the case.

2189
02:14:20,395 --> 02:14:22,375
But that old saying of, you know,

2190
02:14:22,395 --> 02:14:23,435
you can lead a horse to water,

2191
02:14:23,475 --> 02:14:26,275
but you can't make it drink rings very true.

2192
02:14:27,195 --> 02:14:30,175
Do what you can to give people information,

2193
02:14:30,175 --> 02:14:33,315
but it's not actually your job

2194
02:14:33,315 --> 02:14:35,375
to bring them over the finish line.

2195
02:14:36,455 --> 02:14:38,035
You can do everything you can

2196
02:14:38,035 --> 02:14:40,375
and you should do everything you can

2197
02:14:40,375 --> 02:14:49,775
for your family, your parents, your siblings, in-laws, whatever.

2198
02:14:49,775 --> 02:14:53,215
To me, it's like make sure you can orange pill them

2199
02:14:53,215 --> 02:14:56,795
because those are the people you want to make sure are in it.

2200
02:14:57,855 --> 02:14:59,335
Are you going to get your Uncle Jim?

2201
02:15:00,735 --> 02:15:01,415
Probably not.

2202
02:15:01,855 --> 02:15:04,955
I mean, eventually he's going to be a Bitcoin, not anytime soon.

2203
02:15:04,955 --> 02:15:12,875
so do what you can to orange people to to give the orange pill to the people you care most about

2204
02:15:12,875 --> 02:15:20,095
but recognize that they must take it for themselves you cannot force it on them they will only do it

2205
02:15:20,095 --> 02:15:25,255
when they're ready and you'll save yourself a lot of a lot of headache the last thing i'll say

2206
02:15:25,255 --> 02:15:29,795
and i'm thinking about it on the spot i'm trying to think what would the cool last thing to say be

2207
02:15:29,795 --> 02:15:36,615
on this stream because man, I'm tired. I guess the last thing I would say is I'm not being sarcastic

2208
02:15:36,615 --> 02:15:41,375
when I say you should start a Bitcoin podcast or just any podcast. I genuinely mean that.

2209
02:15:42,515 --> 02:15:49,075
And I think it's important because you, whoever you are listening to this right now, you don't know

2210
02:15:49,075 --> 02:15:58,775
who you may impact, who your voice may speak to, who your character, your personality may resonate

2211
02:15:58,775 --> 02:16:05,495
with and if you feel passionately about bitcoin or about noster you can don't it doesn't have to

2212
02:16:05,495 --> 02:16:09,135
be just a bitcoin pocket it doesn't have to be about either of them exclusively also

2213
02:16:09,135 --> 02:16:16,795
it can just be a podcast you are the media now like in in a non-cliched way like you are the

2214
02:16:16,795 --> 02:16:26,375
media now it's super powerful like you you as a random fucking pleb can get more views than any

2215
02:16:26,375 --> 02:16:28,415
than your local Fox News station.

2216
02:16:28,695 --> 02:16:29,715
Like, seriously.

2217
02:16:30,315 --> 02:16:32,495
Like, my fucking wife's big toe

2218
02:16:32,495 --> 02:16:34,234
will get more views than Jimmy Kimmel.

2219
02:16:34,395 --> 02:16:35,995
This is a different era that we're in.

2220
02:16:37,055 --> 02:16:39,455
And especially as we enter an era

2221
02:16:39,455 --> 02:16:42,515
where so much is AI generated,

2222
02:16:42,695 --> 02:16:44,715
one thing you can't generate with AI

2223
02:16:44,715 --> 02:16:46,935
is trust in your fellow human.

2224
02:16:48,155 --> 02:16:50,675
You can create an avatar of them, sure.

2225
02:16:50,675 --> 02:16:54,935
But you can't engender trust

2226
02:16:54,935 --> 02:16:57,635
in another human with it.

2227
02:16:57,695 --> 02:17:00,955
Like it just doesn't work, right?

2228
02:17:00,955 --> 02:17:05,535
So being a real authentic and human voice

2229
02:17:05,535 --> 02:17:10,095
and starting a damn podcast can actually make a difference.

2230
02:17:10,615 --> 02:17:14,835
Because even if you end up just getting a couple of people,

2231
02:17:14,935 --> 02:17:18,695
a handful of people to try Noster and start stacking in Bitcoin,

2232
02:17:19,795 --> 02:17:21,275
I don't know, I think that's a win.

2233
02:17:21,955 --> 02:17:23,335
I think that's successful.

2234
02:17:23,335 --> 02:17:28,935
and it's incredibly successful actually you've just changed because for anybody who's here who's

2235
02:17:28,935 --> 02:17:33,635
listening and probably that's the only people that are listening right now are people that are on on

2236
02:17:33,635 --> 02:17:38,255
noster and are stacking bitcoin if you're doing those things somebody changed your life at some

2237
02:17:38,255 --> 02:17:44,734
point somebody changed your life when you started deciding to say i'm i'm i'm gonna stack bitcoin

2238
02:17:44,734 --> 02:17:53,115
you know like this is uh hold on now i've got double double audio here jesus christ so bad

2239
02:17:53,115 --> 02:17:58,795
streaming. My point being, you never know what, who your voice is going to resonate with. You

2240
02:17:58,795 --> 02:18:03,415
never know what kind of message that you're delivering may change someone's life. And like,

2241
02:18:03,495 --> 02:18:09,495
for me, it's like, I'm like Guy Swan and Peter McCormack literally changed my life. Like I

2242
02:18:09,495 --> 02:18:14,015
listened to their podcasts and they sent me deeper and deeper and deeper down the Bitcoin rabbit hole.

2243
02:18:14,234 --> 02:18:22,015
Those guys changed my life with a fucking podcast. I'm sure there's a lot of stories out there like

2244
02:18:22,015 --> 02:18:27,915
that. That's pretty fucking cool. And we're at a time where I want to see as many people as

2245
02:18:27,915 --> 02:18:33,675
possible learn about Bitcoin. As many of my fellow plebs as possible learn about Bitcoin. The suits

2246
02:18:33,675 --> 02:18:38,435
are here. They're not going away. Fucking spooks are here. They've been here for a while. They're

2247
02:18:38,435 --> 02:18:44,515
not going away. What I want is for the plebs to learn about Bitcoin as much as possible,

2248
02:18:44,975 --> 02:18:51,515
as much as is humanly possible. And so you don't have to, but if you feel like it,

2249
02:18:52,015 --> 02:18:53,135
Start a fucking podcast.

2250
02:18:54,335 --> 02:18:55,875
Start talking to your fellow clubs.

2251
02:18:56,935 --> 02:18:58,755
You might just change somebody's life.

2252
02:18:58,995 --> 02:18:59,555
All right, guys.

2253
02:19:00,455 --> 02:19:04,655
With that, that's enough of a sermon from me.

2254
02:19:05,095 --> 02:19:06,635
Thank you to everybody who joined.

2255
02:19:07,135 --> 02:19:08,234
I appreciate you guys.

2256
02:19:10,975 --> 02:19:12,354
I'm going to bed, I think.

2257
02:19:13,215 --> 02:19:14,715
No more editing for me tonight.

2258
02:19:14,875 --> 02:19:15,495
It's just great.

2259
02:19:15,495 --> 02:19:16,814
I didn't feel like editing anyway.

2260
02:19:18,035 --> 02:19:20,814
I was far too tired and just didn't feel like it.

2261
02:19:20,814 --> 02:19:22,555
But so I appreciate you guys hanging out with me.

2262
02:19:22,695 --> 02:19:24,075
I hope this was a decent live stream.

2263
02:19:24,135 --> 02:19:25,695
I haven't done one like this before.

2264
02:19:26,314 --> 02:19:27,314
I hope it was okay.

2265
02:19:27,555 --> 02:19:28,515
I hope you enjoyed it.

2266
02:19:28,935 --> 02:19:29,955
I hope you found it valuable.

2267
02:19:30,615 --> 02:19:31,915
I appreciate very much.

2268
02:19:31,995 --> 02:19:32,755
Thank you to everybody.

2269
02:19:32,995 --> 02:19:34,295
Sincerely who zapped me on Noster.

2270
02:19:34,375 --> 02:19:35,395
I appreciate you sending.

2271
02:19:35,695 --> 02:19:43,495
Seriously, like you just sent me a fraction of the only completely finite thing in the entire world, which is Bitcoin.

2272
02:19:43,835 --> 02:19:45,375
So thank you to everybody who zapped me.

2273
02:19:45,375 --> 02:19:47,675
I sincerely, sincerely appreciate it.

2274
02:19:47,675 --> 02:19:51,795
thank you to everybody who checks out the Bitcoin podcast on a regular basis.

2275
02:19:52,575 --> 02:19:54,015
I appreciate you guys a lot.

2276
02:19:54,535 --> 02:19:55,935
I have a lot of fun doing it.

2277
02:19:56,814 --> 02:19:58,375
And I'm going to keep doing it.

2278
02:19:59,255 --> 02:20:01,635
And yeah, I'm going to burp more.

2279
02:20:01,734 --> 02:20:01,955
I'm sorry.

2280
02:20:02,035 --> 02:20:02,755
I'm really guys.

2281
02:20:03,575 --> 02:20:05,095
I'm a terrible live streamer.

2282
02:20:06,395 --> 02:20:10,475
But sincerely, thank you for sharing your scarce time with me.

2283
02:20:11,654 --> 02:20:14,375
Thank you for listening to another fucking Bitcoin podcast.

2284
02:20:14,375 --> 02:20:21,795
well and until next time stay free now i'm gonna go ahead and cut this stream

2285
02:20:21,795 --> 02:20:24,654
because i don't know how to end it if i don't stop talking