1 00:00:04,720 --> 00:00:08,584 Welcome to the Business 2 00:00:08,632 --> 00:00:11,960 to helping you enrich your 3 00:00:12,000 --> 00:00:15,464 bitcoin, the hardest money on 4 00:00:15,592 --> 00:00:19,080 I'm your host, Josh Friedeman 5 00:00:19,120 --> 00:00:22,424 friend Anaya, who is actually 6 00:00:22,472 --> 00:00:25,640 I did this interview for an 7 00:00:25,680 --> 00:00:29,896 of called Bitcoin is Better, 8 00:00:29,928 --> 00:00:31,964 class families about bitcoin. 9 00:00:32,072 --> 00:00:34,804 I'll be sure to include the 10 00:00:34,852 --> 00:00:35,780 in the show notes. 11 00:00:35,860 --> 00:00:38,756 Luke Broyles and others have 12 00:00:38,788 --> 00:00:41,476 channel and I think you might 13 00:00:41,548 --> 00:00:44,340 The entire focus of this 14 00:00:44,380 --> 00:00:47,876 who are not yet bitcoiners and 15 00:00:47,948 --> 00:00:48,692 about bitcoin. 16 00:00:48,756 --> 00:00:51,684 I'd love to get your feedback 17 00:00:51,732 --> 00:00:54,212 so feel free to leave a 18 00:00:54,236 --> 00:00:56,932 was interesting or what I 19 00:00:56,996 --> 00:00:57,816 or better. 20 00:00:57,948 --> 00:01:00,480 We're going to get to our 21 00:01:00,520 --> 00:01:01,100 this. 22 00:01:18,283 --> 00:01:19,715 Anaya, welcome. 23 00:01:19,859 --> 00:01:23,859 This is going to be one of a 24 00:01:23,891 --> 00:01:28,227 Is better of talking with 25 00:01:28,355 --> 00:01:29,667 just about bitcoin. 26 00:01:29,715 --> 00:01:30,947 Any questions they might have. 27 00:01:31,035 --> 00:01:34,515 We've already had some of 28 00:01:34,699 --> 00:01:36,783 looking forward to hearing 29 00:01:37,323 --> 00:01:39,795 I don't want to steal too much 30 00:01:39,819 --> 00:01:42,083 additional things, but would 31 00:01:42,123 --> 00:01:44,933 who you are so listeners know 32 00:01:45,393 --> 00:01:46,105 Yeah. 33 00:01:46,249 --> 00:01:47,369 So my name is Anaya. 34 00:01:47,401 --> 00:01:53,193 Like Josh said, I'm a fitness 35 00:01:53,233 --> 00:01:55,641 graduated college, looking for some. 36 00:01:55,777 --> 00:01:58,373 Been thinking a lot about 37 00:01:58,673 --> 00:02:03,225 So yeah, just looking forward 38 00:02:03,249 --> 00:02:03,545 I can. 39 00:02:03,569 --> 00:02:05,433 Learn about it for sure. 40 00:02:05,553 --> 00:02:08,493 And for listeners, context, 41 00:02:08,993 --> 00:02:12,369 two or three times probably 42 00:02:12,441 --> 00:02:16,253 bitcoin, but to my knowledge, 43 00:02:16,633 --> 00:02:17,329 on bitcoin. 44 00:02:17,361 --> 00:02:17,793 Right. 45 00:02:17,913 --> 00:02:19,933 So we'll probably talk about 46 00:02:20,233 --> 00:02:23,137 You have brought some 47 00:02:23,145 --> 00:02:26,033 to kick it over to you to 48 00:02:26,073 --> 00:02:27,453 is you want to start with. 49 00:02:27,753 --> 00:02:31,441 Yeah, so the first one's 50 00:02:31,537 --> 00:02:32,481 How does it work? 51 00:02:32,617 --> 00:02:36,017 Explain it to me like I'm five 52 00:02:36,185 --> 00:02:37,093 Okay. 53 00:02:39,093 --> 00:02:42,269 So I guess the simplest 54 00:02:42,301 --> 00:02:47,709 you can go kind of further 55 00:02:47,741 --> 00:02:57,869 of money or maybe a system of 56 00:02:57,941 --> 00:02:59,953 or corporation created. 57 00:03:00,853 --> 00:03:06,433 And most of our money today is 58 00:03:07,263 --> 00:03:12,935 So this money is not only not 59 00:03:12,959 --> 00:03:16,727 corporation, but it can't be 60 00:03:16,855 --> 00:03:22,215 And so it's basically a money 61 00:03:22,239 --> 00:03:23,479 anyone else in the world. 62 00:03:23,631 --> 00:03:28,711 It's free, open, and there are 63 00:03:28,727 --> 00:03:31,495 about it, but once you do 64 00:03:31,519 --> 00:03:32,139 as well. 65 00:03:32,271 --> 00:03:36,339 So I don't know if that 66 00:03:36,451 --> 00:03:39,715 but hopefully a five year old 67 00:03:39,739 --> 00:03:40,419 bit of that. 68 00:03:40,571 --> 00:03:44,771 Are there other things, like, 69 00:03:44,947 --> 00:03:48,343 that would be helpful to know 70 00:03:49,403 --> 00:03:54,623 Okay, so if it wasn't, who was 71 00:03:56,523 --> 00:03:57,939 If it wasn't created. 72 00:03:57,971 --> 00:03:59,043 Okay, who was it created by? 73 00:03:59,083 --> 00:03:59,845 Let's start there. 74 00:03:59,939 --> 00:04:00,385 Yeah. 75 00:04:00,449 --> 00:04:05,553 So you may have heard the name 76 00:04:05,593 --> 00:04:08,689 name of the person behind bitcoin. 77 00:04:08,721 --> 00:04:12,001 We don't know who that person 78 00:04:12,057 --> 00:04:20,305 a group of people, but satoshi 79 00:04:20,329 --> 00:04:26,339 launching before it launched, 80 00:04:26,481 --> 00:04:29,487 he started bitcoin. 81 00:04:29,615 --> 00:04:34,523 And basically what bitcoin is 82 00:04:35,463 --> 00:04:38,943 communicate with each other 83 00:04:38,983 --> 00:04:43,723 sure that everything on the 84 00:04:44,023 --> 00:04:48,335 So at first it was him and 85 00:04:48,359 --> 00:04:52,697 over time, it's grown to where 86 00:04:52,705 --> 00:04:55,033 network which has made it much 87 00:04:55,193 --> 00:04:59,609 But that's been a long process 88 00:04:59,681 --> 00:05:04,793 So it officially launched at 89 00:05:04,873 --> 00:05:06,265 getting towards 2025. 90 00:05:06,369 --> 00:05:09,897 So we don't know who satoshi 91 00:05:09,985 --> 00:05:13,049 Some people have theorized, 92 00:05:13,081 --> 00:05:14,105 Nakamoto. 93 00:05:14,249 --> 00:05:18,665 And basically, if anyone hints 94 00:05:18,689 --> 00:05:23,629 they might know who, a lot of 95 00:05:23,661 --> 00:05:24,621 really want to hear much about it. 96 00:05:24,677 --> 00:05:27,725 And part of that's because a 97 00:05:27,749 --> 00:05:30,461 of ride on the coattails of satoshi. 98 00:05:30,637 --> 00:05:34,429 But also today, it doesn't 99 00:05:34,461 --> 00:05:42,669 is, because bitcoin is what it 100 00:05:42,741 --> 00:05:43,405 that today. 101 00:05:43,509 --> 00:05:47,405 So it's kind of taken on a 102 00:05:47,429 --> 00:05:54,309 any changes to bitcoin in 103 00:05:54,421 --> 00:05:58,773 the majority of the network, 104 00:05:58,813 --> 00:06:01,349 the world, have to agree that 105 00:06:01,421 --> 00:06:09,333 So basically nothing is going 106 00:06:09,413 --> 00:06:11,233 doesn't want it to happen. 107 00:06:11,693 --> 00:06:16,895 So it's is that, that's why 108 00:06:17,039 --> 00:06:22,143 It's technically possible, but 109 00:06:22,183 --> 00:06:23,503 ever take bitcoin over. 110 00:06:23,543 --> 00:06:26,063 And the more security there 111 00:06:26,183 --> 00:06:27,679 the less and less likely it becomes. 112 00:06:27,711 --> 00:06:31,007 So like even if the United 113 00:06:31,015 --> 00:06:36,463 other countries, it would just 114 00:06:36,503 --> 00:06:40,463 over the network, get the 115 00:06:40,503 --> 00:06:43,259 like 10 or 20, 30 minutes. 116 00:06:43,371 --> 00:06:48,539 So that kind of goes down like 117 00:06:48,731 --> 00:06:52,183 than is worth talking about now. 118 00:06:52,483 --> 00:06:57,355 But that's a little bit about 119 00:06:57,419 --> 00:06:59,563 matter all that much who 120 00:06:59,603 --> 00:07:07,935 Yeah, yeah, I just was like, 121 00:07:08,039 --> 00:07:09,647 based money. 122 00:07:09,735 --> 00:07:11,295 Would you say it like that? 123 00:07:11,479 --> 00:07:12,543 Yeah, yeah. 124 00:07:12,623 --> 00:07:19,999 So I'm trying to think of the 125 00:07:20,031 --> 00:07:21,323 it's a bunch of. 126 00:07:21,623 --> 00:07:27,279 It's, it's the largest 127 00:07:27,351 --> 00:07:33,283 all of these computers are 128 00:07:33,323 --> 00:07:41,875 by the rules and they are 129 00:07:42,019 --> 00:07:43,623 as it's supposed to operate. 130 00:07:44,123 --> 00:07:46,275 So then that's where it comes into. 131 00:07:46,379 --> 00:07:50,067 And I don't know if you have a 132 00:07:50,115 --> 00:07:53,283 mining, basically what mining is. 133 00:07:53,403 --> 00:07:56,259 Yeah, there are a couple 134 00:07:56,291 --> 00:08:03,407 First of all, there is the 135 00:08:03,455 --> 00:08:04,479 are issued. 136 00:08:04,671 --> 00:08:08,239 You may have heard that there 137 00:08:08,351 --> 00:08:12,527 And that's like all the way 138 00:08:12,535 --> 00:08:17,775 the last bitcoin, or actually 139 00:08:17,799 --> 00:08:18,723 be mined. 140 00:08:19,783 --> 00:08:27,603 And right now the block reward 141 00:08:28,103 --> 00:08:32,607 So it's, you know, every 10 142 00:08:32,735 --> 00:08:38,303 And so whoever, whatever 143 00:08:38,343 --> 00:08:41,359 3.125 bitcoin. 144 00:08:41,551 --> 00:08:46,287 And frequently these days a 145 00:08:46,335 --> 00:08:51,359 pool because let's just say 146 00:08:51,391 --> 00:08:53,311 miner operating in your home, 147 00:08:53,367 --> 00:08:58,541 They the best use case for 148 00:08:58,717 --> 00:09:02,477 Is honestly just like it's, 149 00:09:02,605 --> 00:09:07,021 that specializes in this 150 00:09:07,117 --> 00:09:08,877 and it produces a lot of heat. 151 00:09:09,005 --> 00:09:14,925 So I have interviewed people 152 00:09:14,949 --> 00:09:19,197 the heat from bitcoin miners 153 00:09:19,245 --> 00:09:21,913 greenhouses, different things 154 00:09:22,263 --> 00:09:26,591 But like a single miner would 155 00:09:26,647 --> 00:09:31,087 mining power on the network 156 00:09:31,175 --> 00:09:33,727 mine a block with your miner. 157 00:09:33,775 --> 00:09:37,375 So usually what people do is 158 00:09:37,519 --> 00:09:45,135 And so whenever a miner from 159 00:09:45,279 --> 00:09:49,545 to finalize this next minute 160 00:09:49,569 --> 00:09:53,049 3.125 bitcoin, the block 161 00:09:53,121 --> 00:09:54,201 everyone in the pool. 162 00:09:54,297 --> 00:09:56,857 So the more people you have in 163 00:09:56,865 --> 00:09:57,689 to win a block. 164 00:09:57,801 --> 00:10:00,185 And so it kind of all evens 165 00:10:00,369 --> 00:10:05,293 But the block itself is a 166 00:10:05,793 --> 00:10:12,973 And like I said, on average 167 00:10:13,563 --> 00:10:19,155 And it's, you know, whatever 168 00:10:19,179 --> 00:10:22,227 be kind of next in line based 169 00:10:22,235 --> 00:10:24,163 pay, they will be finalized. 170 00:10:24,243 --> 00:10:29,539 And then there's, you can go 171 00:10:29,611 --> 00:10:33,315 For anyone listening right 172 00:10:33,339 --> 00:10:37,923 of the blocks or all of the 173 00:10:37,963 --> 00:10:39,971 be finalized in a block. 174 00:10:40,067 --> 00:10:43,847 And if you want to pay more 175 00:10:43,935 --> 00:10:47,111 you can get your transaction 176 00:10:47,287 --> 00:10:50,471 And if you're a little more 177 00:10:50,527 --> 00:10:54,135 conscious, then you can pay 178 00:10:54,159 --> 00:10:58,807 bit more time for your 179 00:10:58,935 --> 00:11:02,403 So that's what, that's what 180 00:11:02,783 --> 00:11:06,007 And I don't know if you have 181 00:11:06,015 --> 00:11:07,123 want to go to the next one. 182 00:11:07,433 --> 00:11:12,593 Yeah, so it's like a block 183 00:11:12,633 --> 00:11:13,693 is just like. 184 00:11:14,073 --> 00:11:15,293 That's a good point. 185 00:11:15,913 --> 00:11:21,009 The block reward is kind of 186 00:11:21,041 --> 00:11:22,849 would get or a miner. 187 00:11:22,881 --> 00:11:24,933 There's a person behind every computer. 188 00:11:26,073 --> 00:11:31,905 So right now, since bitcoin is 189 00:11:31,929 --> 00:11:37,543 over $300,000 that the miner 190 00:11:38,963 --> 00:11:46,203 Also though I'd mentioned fees 191 00:11:46,363 --> 00:11:50,475 has fees associated with it 192 00:11:50,499 --> 00:11:55,307 the last, like in the last 193 00:11:55,475 --> 00:11:59,901 where the fees from the 194 00:12:00,037 --> 00:12:02,033 Than the block reward itself. 195 00:12:02,693 --> 00:12:07,133 So like, I guess the reason I 196 00:12:07,173 --> 00:12:11,085 years there's something called 197 00:12:11,109 --> 00:12:17,405 of a programs time where the 198 00:12:17,429 --> 00:12:21,117 originally it was 50 bitcoin 199 00:12:21,165 --> 00:12:25,821 You know, I've said before 200 00:12:25,957 --> 00:12:32,125 2009, I could have used my new 201 00:12:32,149 --> 00:12:35,645 bitcoin network because it's 202 00:12:35,669 --> 00:12:40,541 have mined bitcoin and 203 00:12:40,677 --> 00:12:41,833 a day or two. 204 00:12:42,213 --> 00:12:43,885 But I had no idea about it 205 00:12:43,909 --> 00:12:48,397 And now there's so much more 206 00:12:48,485 --> 00:12:52,381 it doesn't even make sense for 207 00:12:52,477 --> 00:12:56,299 or a PC, to try to mine 208 00:12:56,451 --> 00:12:58,731 the hash page should be so uncompetitive. 209 00:12:58,827 --> 00:13:01,903 That's why you have to have 210 00:13:02,643 --> 00:13:07,163 So you do have the block 211 00:13:07,203 --> 00:13:08,795 fees attached to it. 212 00:13:08,819 --> 00:13:11,403 And really the fees are based 213 00:13:11,443 --> 00:13:16,827 I mean, it's a total free 214 00:13:16,995 --> 00:13:20,751 The Bitcoin network is always 215 00:13:20,807 --> 00:13:25,763 to someone over bitcoin, then, 216 00:13:26,183 --> 00:13:27,503 then you can do that. 217 00:13:27,623 --> 00:13:28,687 You'll have to pay a fee. 218 00:13:28,735 --> 00:13:31,135 And sometimes the fees are 219 00:13:31,159 --> 00:13:33,071 to transact on the network at 220 00:13:33,207 --> 00:13:35,199 But sometimes the fees are 221 00:13:35,271 --> 00:13:39,423 So it sort of, you know, 222 00:13:39,463 --> 00:13:41,039 as to how high the fees are. 223 00:13:41,111 --> 00:13:45,759 But in the future, people 224 00:13:45,911 --> 00:13:49,679 greater than the block reward 225 00:13:49,871 --> 00:13:51,743 And so I don't. 226 00:13:51,823 --> 00:13:53,455 I think that should probably 227 00:13:53,479 --> 00:13:57,295 Some people, like, one last 228 00:13:57,319 --> 00:14:03,263 okay, when, when the final 229 00:14:03,303 --> 00:14:06,879 or so, what does that mean for bitcoin? 230 00:14:06,911 --> 00:14:07,759 Will it still be secure? 231 00:14:07,791 --> 00:14:10,643 Will there still be people 232 00:14:11,223 --> 00:14:14,947 And what really, what mining 233 00:14:14,995 --> 00:14:20,355 new bitcoins, but it is 234 00:14:20,419 --> 00:14:21,587 fees for that. 235 00:14:21,755 --> 00:14:25,987 And by that point in time, the 236 00:14:25,995 --> 00:14:28,867 the fees will be so much 237 00:14:28,955 --> 00:14:33,267 even after the last bitcoin is 238 00:14:33,355 --> 00:14:35,747 and people will just continue 239 00:14:35,835 --> 00:14:38,067 So I think that probably 240 00:14:38,235 --> 00:14:40,035 I don't know if there's any 241 00:14:40,059 --> 00:14:41,423 to go to the next one. 242 00:16:48,087 --> 00:16:51,267 So what makes Bitcoin like, trustworthy? 243 00:16:54,007 --> 00:16:56,975 Well, so a couple things. 244 00:16:57,031 --> 00:17:03,279 First of all, like I said, 245 00:17:03,343 --> 00:17:09,151 network in the world and all 246 00:17:09,199 --> 00:17:16,439 are paying attention to make 247 00:17:16,543 --> 00:17:18,027 operating by the rules. 248 00:17:18,927 --> 00:17:22,535 And if someone's not playing 249 00:17:22,551 --> 00:17:23,467 participate. 250 00:17:24,047 --> 00:17:30,347 So that's one positive thing 251 00:17:30,847 --> 00:17:36,119 Another thing is that Bitcoin 252 00:17:36,183 --> 00:17:37,707 anyone can see the code. 253 00:17:39,027 --> 00:17:42,859 Technically you could get the 254 00:17:42,883 --> 00:17:43,647 your liking. 255 00:17:44,227 --> 00:17:46,107 That gets into a different conversation. 256 00:17:46,187 --> 00:17:49,867 But you know, you could create 257 00:17:49,907 --> 00:17:54,043 have done that in the past, 258 00:17:54,075 --> 00:17:55,707 to use your version of Bitcoin. 259 00:17:55,787 --> 00:17:58,779 They'd rather use the version 260 00:17:58,803 --> 00:18:02,379 using because they can 261 00:18:02,403 --> 00:18:02,923 it. 262 00:18:03,075 --> 00:18:09,037 So you'd want to use the, the 263 00:18:09,897 --> 00:18:13,777 So those would probably be 264 00:18:13,817 --> 00:18:18,033 say is just it's already 265 00:18:18,065 --> 00:18:22,209 network and you can verify the 266 00:18:22,233 --> 00:18:22,641 at the code. 267 00:18:22,689 --> 00:18:26,257 I mean, you and I are probably 268 00:18:26,377 --> 00:18:30,593 particularly techy and if we 269 00:18:30,625 --> 00:18:31,703 be able to see too much. 270 00:18:31,825 --> 00:18:35,547 Yeah, but you can verify 271 00:18:35,587 --> 00:18:39,739 also run your own node and 272 00:18:39,803 --> 00:18:40,923 the rules you care to enforce. 273 00:18:40,955 --> 00:18:45,243 So if someone else did try to 274 00:18:45,275 --> 00:18:49,243 or play by different rules in 275 00:18:49,275 --> 00:18:52,523 they were doing because 276 00:18:52,555 --> 00:18:55,047 rules, which is the rules 277 00:18:55,347 --> 00:19:02,773 So I think that's probably the 278 00:19:02,805 --> 00:19:04,777 is trustworthy and secure. 279 00:19:06,397 --> 00:19:09,977 Some people are concerned by 280 00:19:11,757 --> 00:19:15,253 What I would say is that 281 00:19:15,285 --> 00:19:24,405 probably seen that humans are 282 00:19:24,461 --> 00:19:28,735 to excessive money printing 283 00:19:28,871 --> 00:19:33,359 Like our, we don't need to 284 00:19:33,383 --> 00:19:36,655 have been so many new dollars 285 00:19:36,711 --> 00:19:42,175 years, and anytime someone has 286 00:19:42,311 --> 00:19:43,423 they're going to. 287 00:19:43,575 --> 00:19:46,827 Well, the rules of Bitcoin are 288 00:19:47,607 --> 00:19:52,399 It's following its code and 289 00:19:52,423 --> 00:19:53,507 million Bitcoin. 290 00:19:53,857 --> 00:19:58,041 And so at least when it comes 291 00:19:58,169 --> 00:20:03,529 you can have confidence that 292 00:20:03,553 --> 00:20:06,761 see in the code that it will 293 00:20:06,889 --> 00:20:11,609 Whereas when it comes to the 294 00:20:11,633 --> 00:20:15,497 politicians, they might say 295 00:20:15,537 --> 00:20:19,049 they get into office or to get 296 00:20:19,073 --> 00:20:19,959 office, they. 297 00:20:19,993 --> 00:20:21,259 They can kind of do whatever 298 00:20:21,363 --> 00:20:26,971 So I would say that the 299 00:20:27,059 --> 00:20:31,819 nodes on the network is much 300 00:20:31,843 --> 00:20:37,499 it is today, than people 301 00:20:37,523 --> 00:20:39,447 doing whatever they want when 302 00:20:42,067 --> 00:20:43,087 Gotcha. 303 00:20:43,427 --> 00:20:47,367 So you talked a little bit 304 00:20:47,787 --> 00:20:48,403 What is. 305 00:20:48,475 --> 00:20:49,507 Like, what does that look like? 306 00:20:49,547 --> 00:20:50,963 Like one bitcoin. 307 00:20:51,155 --> 00:20:52,435 Like, how do you. 308 00:20:52,571 --> 00:20:53,927 What is that worth? 309 00:20:55,147 --> 00:20:55,571 Yeah. 310 00:20:55,619 --> 00:20:59,287 So right now, first of all, 311 00:20:59,707 --> 00:21:04,387 It's been volatile to the 312 00:21:04,427 --> 00:21:08,407 volatility does give some 313 00:21:08,827 --> 00:21:14,037 That said, bitcoin has just 314 00:21:14,077 --> 00:21:14,777 coin. 315 00:21:15,197 --> 00:21:19,221 And right after it did that, 316 00:21:19,389 --> 00:21:20,965 as of this recording. 317 00:21:21,141 --> 00:21:25,093 And then the next day, it fell 318 00:21:25,125 --> 00:21:27,297 back up over $100,000 again. 319 00:21:27,837 --> 00:21:31,093 So that's what it's worth. 320 00:21:31,125 --> 00:21:31,857 Right now. 321 00:21:32,237 --> 00:21:34,949 The question that a lot of 322 00:21:34,973 --> 00:21:37,253 be worth in the long run? 323 00:21:37,325 --> 00:21:38,483 And that's the big question. 324 00:21:38,645 --> 00:21:43,639 Yeah, I don't know if you want 325 00:21:43,663 --> 00:21:47,147 now, one bitcoin is worth 326 00:21:48,207 --> 00:21:54,187 What Bitcoin will be worth is 327 00:21:54,607 --> 00:21:58,547 Some people think that it will 328 00:21:59,007 --> 00:22:02,471 A lot of those people haven't 329 00:22:02,559 --> 00:22:03,387 bitcoin. 330 00:22:04,367 --> 00:22:07,559 One of the critiques that I've 331 00:22:07,583 --> 00:22:11,387 United States will shut it 332 00:22:11,427 --> 00:22:12,447 to the dollar. 333 00:22:14,067 --> 00:22:18,779 With the new administration 334 00:22:18,803 --> 00:22:22,619 seems like currently that's 335 00:22:22,643 --> 00:22:25,127 were feasibly possible. 336 00:22:26,147 --> 00:22:30,123 But like I was saying earlier, 337 00:22:30,155 --> 00:22:32,715 and they can't control it, as 338 00:22:32,731 --> 00:22:35,659 used to governments being able 339 00:22:35,683 --> 00:22:39,019 But the reason they can do 340 00:22:39,043 --> 00:22:40,635 our world are centralized. 341 00:22:40,811 --> 00:22:47,579 And so whoever can call up 342 00:22:47,603 --> 00:22:48,267 we want you to do. 343 00:22:48,307 --> 00:22:52,567 Or there are going to be some 344 00:22:52,867 --> 00:22:57,227 But with bitcoin, that's not 345 00:22:57,267 --> 00:22:59,367 all these nodes running around 346 00:22:59,907 --> 00:23:02,219 No one country can shut them 347 00:23:02,323 --> 00:23:07,939 And we even saw back in 2021, 348 00:23:08,123 --> 00:23:13,971 2020, yeah, I think 2021, when 349 00:23:13,979 --> 00:23:17,267 of the miners, not all of 350 00:23:17,307 --> 00:23:18,099 in China. 351 00:23:18,283 --> 00:23:21,971 And quickly they started 352 00:23:21,979 --> 00:23:25,299 world because you can just 353 00:23:25,443 --> 00:23:31,117 So I'm not too concerned about 354 00:23:31,157 --> 00:23:31,897 any government. 355 00:23:32,917 --> 00:23:41,597 But then it's like, what is 356 00:23:41,637 --> 00:23:46,557 to anyone, that anyone can 357 00:23:46,677 --> 00:23:47,817 around the world? 358 00:23:48,837 --> 00:23:50,657 What is something like that worth? 359 00:23:51,477 --> 00:23:54,297 No government can shut it down. 360 00:23:55,167 --> 00:23:57,575 And that's. 361 00:23:57,671 --> 00:23:58,039 I mean. 362 00:23:58,063 --> 00:24:01,015 I mean, I think there's a ton 363 00:24:01,151 --> 00:24:02,407 Actual numbers. 364 00:24:02,567 --> 00:24:12,855 A lot of people believe that 365 00:24:12,991 --> 00:24:14,247 across the next year. 366 00:24:14,367 --> 00:24:20,119 This is traditionally the year 367 00:24:20,143 --> 00:24:24,265 having, which just happened in 368 00:24:24,401 --> 00:24:27,157 The most significant time for 369 00:24:27,937 --> 00:24:33,849 And then following that, the 370 00:24:33,953 --> 00:24:39,433 a significant correction where 371 00:24:39,465 --> 00:24:40,357 80%. 372 00:24:40,977 --> 00:24:43,209 There's some question as to 373 00:24:43,233 --> 00:24:43,417 time. 374 00:24:43,457 --> 00:24:49,711 And, you know, it's anyone's 375 00:24:49,759 --> 00:24:54,831 200,000 to well above that if 376 00:24:54,839 --> 00:24:56,387 strategic reserve asset. 377 00:24:57,127 --> 00:25:00,671 And then other countries fall 378 00:25:00,839 --> 00:25:06,447 If the United States wants to 379 00:25:06,487 --> 00:25:12,239 Republicans in the Senate have 380 00:25:12,263 --> 00:25:14,859 a lot of other countries are 381 00:25:14,883 --> 00:25:15,579 Thousands. 382 00:25:15,723 --> 00:25:17,179 There's only 21 million. 383 00:25:17,283 --> 00:25:21,179 And so, like, what does it 384 00:25:21,283 --> 00:25:24,219 clamoring to get a piece of 385 00:25:24,363 --> 00:25:26,699 There's no more can be created. 386 00:25:26,763 --> 00:25:29,691 So it's like, that's one of 387 00:25:29,699 --> 00:25:35,787 about bitcoin, which is it's 388 00:25:35,827 --> 00:25:36,843 you can't create more. 389 00:25:36,915 --> 00:25:40,207 Even with something like gold, 390 00:25:40,527 --> 00:25:42,999 you can go out and find more gold. 391 00:25:43,103 --> 00:25:45,107 A lot of times people know 392 00:25:45,647 --> 00:25:49,783 The gold price is just not 393 00:25:49,855 --> 00:25:51,587 into the earth and getting it. 394 00:25:51,967 --> 00:25:57,591 So I think that we could see 395 00:25:57,639 --> 00:25:59,031 in the next year or so. 396 00:25:59,199 --> 00:26:03,147 Now, it's also possible that 397 00:26:03,807 --> 00:26:06,815 I don't think World War 3 is 398 00:26:06,871 --> 00:26:07,455 tossed around. 399 00:26:07,511 --> 00:26:12,383 And so if we go into some 400 00:26:12,415 --> 00:26:15,147 or something like that, 401 00:26:15,607 --> 00:26:19,987 And you know, bitcoin might 402 00:26:20,487 --> 00:26:25,375 But there are a lot of people 403 00:26:25,431 --> 00:26:30,639 years, maybe even less than 404 00:26:30,663 --> 00:26:33,471 million dollars per coin, 405 00:26:33,479 --> 00:26:34,747 where it is right now. 406 00:26:35,367 --> 00:26:37,787 And I would tend to be in that camp. 407 00:26:38,567 --> 00:26:42,159 How and when exactly, it's 408 00:26:42,343 --> 00:26:51,487 But that's sort of the, the, 409 00:26:51,527 --> 00:26:51,823 also. 410 00:26:51,895 --> 00:26:55,519 And some other people have 411 00:26:55,543 --> 00:27:00,779 percentage of the total assets 412 00:27:00,963 --> 00:27:05,915 And then what, you know, where 413 00:27:05,971 --> 00:27:09,927 So, for instance, would you 414 00:27:10,467 --> 00:27:16,087 and is significantly 415 00:27:16,467 --> 00:27:20,167 or would you rather hold real 416 00:27:20,467 --> 00:27:26,245 but also has taxes that you 417 00:27:26,371 --> 00:27:27,825 you have to worry about, tenants. 418 00:27:28,001 --> 00:27:30,369 Potentially has a lot of other 419 00:27:30,393 --> 00:27:34,337 Would you rather hold digital, 420 00:27:34,377 --> 00:27:38,337 estate that has a bunch of headaches. 421 00:27:38,497 --> 00:27:42,337 And so a lot of people think 422 00:27:42,377 --> 00:27:45,169 taken from real estate, some 423 00:27:45,313 --> 00:27:50,753 Some people might say instead 424 00:27:50,865 --> 00:27:53,553 I'm actually going to put a 425 00:27:53,585 --> 00:27:57,513 So take money from equities 426 00:27:57,625 --> 00:28:00,809 If bitcoin siphons a little 427 00:28:00,833 --> 00:28:04,317 each one, it's going to grow significantly. 428 00:28:04,737 --> 00:28:07,097 That's not even talking about 429 00:28:07,137 --> 00:28:07,881 like that. 430 00:28:08,049 --> 00:28:14,409 And so there's a lot of 431 00:28:14,553 --> 00:28:22,133 One of the memes that circles 432 00:28:22,245 --> 00:28:29,125 divided by 21 million, which 433 00:28:29,181 --> 00:28:29,605 of everything. 434 00:28:29,661 --> 00:28:33,813 Like, there's no reason that a 435 00:28:33,845 --> 00:28:35,297 high astronomical number. 436 00:28:36,797 --> 00:28:40,677 There's going to be 21 million 437 00:28:40,717 --> 00:28:41,765 think it's worth. 438 00:28:41,941 --> 00:28:46,925 But if nations start piling 439 00:28:46,981 --> 00:28:48,417 wants to get a piece of the pie. 440 00:28:48,837 --> 00:28:50,381 There's only so much to go around. 441 00:28:50,469 --> 00:28:55,069 So I guess the last thing I'll 442 00:28:55,093 --> 00:29:03,565 think the number was there's 443 00:29:03,581 --> 00:29:07,017 in the world to have about 0, 28. 444 00:29:07,317 --> 00:29:09,821 So you know, some, somewhere 445 00:29:09,829 --> 00:29:13,709 a bitcoin and that's just 446 00:29:13,853 --> 00:29:19,245 And so like if the average 447 00:29:19,261 --> 00:29:23,965 is better, is focused on 448 00:29:24,021 --> 00:29:29,917 families, if the average 449 00:29:29,957 --> 00:29:33,517 0.2 Bitcoin, which is like 450 00:29:33,637 --> 00:29:34,493 for a lot of people. 451 00:29:34,565 --> 00:29:37,857 You know, 0.1 Bitcoin right 452 00:29:38,277 --> 00:29:44,249 But if you can start getting a 453 00:29:44,273 --> 00:29:50,953 it in long term savings, then 454 00:29:50,985 --> 00:29:53,797 probably be a whole lot more 455 00:29:58,177 --> 00:30:01,753 So how do you have access to 456 00:30:01,825 --> 00:30:04,917 Like how would you be able to 457 00:30:07,147 --> 00:30:09,619 You know, we have like debit 458 00:30:09,643 --> 00:30:10,499 you get that money? 459 00:30:10,603 --> 00:30:16,367 Money out There are a lot of 460 00:30:17,467 --> 00:30:21,779 Most people listening to this 461 00:30:21,963 --> 00:30:24,867 If you have cash app, that's a 462 00:30:24,907 --> 00:30:25,687 bitcoin. 463 00:30:27,067 --> 00:30:31,997 And then right now, you know, 464 00:30:32,037 --> 00:30:36,845 people place money in as a 465 00:30:37,021 --> 00:30:42,493 First of all, it is a store of 466 00:30:42,525 --> 00:30:43,097 Right. 467 00:30:43,957 --> 00:30:47,357 You're putting your time, your 468 00:30:47,397 --> 00:30:50,577 is, do you want to put it into 469 00:30:50,917 --> 00:30:56,045 That may be volatile, but you 470 00:30:56,221 --> 00:31:00,055 you're always going to have 471 00:31:00,111 --> 00:31:04,583 available or across the years, 472 00:31:04,775 --> 00:31:06,455 You know, in dollars. 473 00:31:06,631 --> 00:31:13,159 When I was born in the early 474 00:31:13,183 --> 00:31:14,067 it is today. 475 00:31:14,767 --> 00:31:17,079 So probably more than that. 476 00:31:17,183 --> 00:31:24,247 And so like across 30 plus 477 00:31:24,287 --> 00:31:25,587 of what they used to be. 478 00:31:26,377 --> 00:31:30,977 And if inflation continues to 479 00:31:31,017 --> 00:31:33,649 kind of like optimal in 480 00:31:33,673 --> 00:31:38,913 2% target is what people, I 481 00:31:38,985 --> 00:31:40,437 Reserve likes. 482 00:31:41,737 --> 00:31:45,489 If it stays higher than that 483 00:31:45,673 --> 00:31:50,679 then the value of your dollars 484 00:31:50,873 --> 00:31:55,019 Yeah, so a great thing to do 485 00:31:55,043 --> 00:31:55,563 can. 486 00:31:55,715 --> 00:31:59,627 Some people dollar cost 487 00:31:59,667 --> 00:32:02,699 month, whatever, maybe it's 488 00:32:02,723 --> 00:32:04,767 can turn some of that into bitcoin. 489 00:32:05,427 --> 00:32:10,491 So also there are a couple 490 00:32:10,539 --> 00:32:14,219 used or would recommend that 491 00:32:14,243 --> 00:32:19,897 you use it on a day to day 492 00:32:20,797 --> 00:32:24,357 Just as of the recording of 493 00:32:24,397 --> 00:32:28,661 I don't know when this will be 494 00:32:28,709 --> 00:32:35,317 who is the CEO of Strike, he 495 00:32:35,357 --> 00:32:38,661 app, which is a way that you 496 00:32:38,709 --> 00:32:40,057 You can turn it into dollars. 497 00:32:41,517 --> 00:32:44,741 He basically lives, he has 498 00:32:44,749 --> 00:32:49,111 bitcoin and he has enough 499 00:32:49,119 --> 00:32:49,947 volatility. 500 00:32:50,607 --> 00:32:55,627 But over time, you know, his 501 00:32:56,127 --> 00:32:59,847 But he just released this 502 00:32:59,887 --> 00:33:03,031 pay your bills so you can save. 503 00:33:03,159 --> 00:33:06,599 And also Strike has this 504 00:33:06,703 --> 00:33:12,911 has this feature where you can 505 00:33:13,039 --> 00:33:17,587 and have some or all of it 506 00:33:18,007 --> 00:33:25,787 And so, you know, just there 507 00:33:26,087 --> 00:33:32,687 when bitcoin hit the cycle low 508 00:33:32,727 --> 00:33:33,567 like 16 something. 509 00:33:33,607 --> 00:33:38,409 But it was, it was in that, 510 00:33:38,543 --> 00:33:43,221 you know, well, well less than 511 00:33:43,349 --> 00:33:46,101 And I was just like, where do 512 00:33:46,109 --> 00:33:47,013 buy bitcoin? 513 00:33:47,125 --> 00:33:53,301 I bought bitcoin and it's more 514 00:33:53,309 --> 00:33:54,257 held it there. 515 00:33:54,797 --> 00:33:59,669 And so, you know, you think 516 00:33:59,693 --> 00:34:01,417 know, $16,000. 517 00:34:01,837 --> 00:34:06,217 When, when Bitcoin is worth 518 00:34:06,917 --> 00:34:10,457 That $100 is more than 500 now. 519 00:34:10,997 --> 00:34:11,885 And so that's crazy. 520 00:34:11,901 --> 00:34:15,213 Like over the long term, if 521 00:34:15,245 --> 00:34:16,497 the value of bitcoin. 522 00:34:16,917 --> 00:34:19,101 But you can pay your bills 523 00:34:19,229 --> 00:34:21,229 Just with the bitcoin in the 524 00:34:21,253 --> 00:34:21,693 Strike. 525 00:34:21,805 --> 00:34:23,457 Another great one is Fold. 526 00:34:23,957 --> 00:34:29,357 And Fold has a debit card 527 00:34:29,397 --> 00:34:30,577 similar features. 528 00:34:31,807 --> 00:34:35,927 But you can save in bitcoin 529 00:34:35,967 --> 00:34:40,359 your card in the form of 530 00:34:40,383 --> 00:34:42,823 like you would a normal debit card. 531 00:34:43,015 --> 00:34:46,519 So those are a couple 532 00:34:46,543 --> 00:34:50,343 kind of interface with it in 533 00:34:50,415 --> 00:34:53,239 and kind of easily transfer 534 00:34:53,263 --> 00:34:55,027 it's most advantageous for you. 535 00:34:56,777 --> 00:35:00,321 Another one, you know, 536 00:35:00,329 --> 00:35:03,825 I host a podcast called 537 00:35:03,841 --> 00:35:05,985 interviewing business owners 538 00:35:06,001 --> 00:35:09,073 And frequently it's, you know, 539 00:35:09,105 --> 00:35:11,793 sheet or they might be 540 00:35:11,865 --> 00:35:13,649 There are some other things 541 00:35:13,673 --> 00:35:17,197 more clever that may not be 542 00:35:17,497 --> 00:35:20,001 you can accept bitcoin in your business. 543 00:35:20,089 --> 00:35:24,049 Or like, you know, if I were 544 00:35:24,073 --> 00:35:28,289 to sell me something, if we 545 00:35:28,353 --> 00:35:29,425 in bitcoin. 546 00:35:29,601 --> 00:35:32,769 And so there are practical 547 00:35:32,793 --> 00:35:37,169 And that, that's where it kind 548 00:35:37,353 --> 00:35:42,113 the second, I guess, level of 549 00:35:42,305 --> 00:35:44,145 that's like cash today. 550 00:35:44,281 --> 00:35:47,825 Like, everyone pays for things 551 00:35:48,001 --> 00:35:51,147 Dollars are our medium of exchange. 552 00:35:51,807 --> 00:35:55,707 And that is the future, I 553 00:35:56,687 --> 00:35:58,775 There are some things that 554 00:35:58,871 --> 00:36:02,663 You know, the base layer, a 555 00:36:02,695 --> 00:36:03,751 every 10 minutes. 556 00:36:03,879 --> 00:36:08,423 And so you're not going to pay 557 00:36:08,575 --> 00:36:09,767 Maybe the fees are really high. 558 00:36:09,807 --> 00:36:15,319 So it's like, you know, costs 559 00:36:15,383 --> 00:36:17,703 You have to wait for 10 560 00:36:17,735 --> 00:36:19,031 Like, that's, that's not practical. 561 00:36:19,079 --> 00:36:19,911 No one's doing that. 562 00:36:19,999 --> 00:36:20,947 It used. 563 00:36:21,637 --> 00:36:26,413 The network was fast enough 564 00:36:26,445 --> 00:36:27,017 enough. 565 00:36:27,717 --> 00:36:30,045 There was not as much 566 00:36:30,061 --> 00:36:35,965 and it was a little more 567 00:36:36,021 --> 00:36:38,477 chain, kind of the base layer 568 00:36:38,637 --> 00:36:41,533 But now there are what you 569 00:36:41,565 --> 00:36:44,269 to be developed, like the 570 00:36:44,453 --> 00:36:47,261 The lightning network is a way 571 00:36:47,269 --> 00:36:49,723 forth, basically at the speed 572 00:36:49,835 --> 00:36:54,827 So it's a lot easier, it's a 573 00:36:54,867 --> 00:36:56,811 hardly any fees involved. 574 00:36:56,939 --> 00:37:00,667 That's how a lot of the medium 575 00:37:00,707 --> 00:37:04,075 With bitcoin, there's some 576 00:37:04,091 --> 00:37:05,447 that are being developed right now. 577 00:37:05,907 --> 00:37:08,167 And then the final one is a 578 00:37:08,787 --> 00:37:12,251 And the unit of account is 579 00:37:12,339 --> 00:37:16,203 You know, when someone says, 580 00:37:16,235 --> 00:37:19,247 And they say it's the latte, 581 00:37:19,587 --> 00:37:25,947 They don't say it's, you know, 582 00:37:26,107 --> 00:37:31,259 But when you get to the level 583 00:37:31,283 --> 00:37:36,027 bitcoin, then that's a 584 00:37:36,187 --> 00:37:37,659 because people are thinking in sats. 585 00:37:37,723 --> 00:37:41,291 They're not thinking in cents, 586 00:37:41,339 --> 00:37:43,533 are just little tiny amounts 587 00:37:43,565 --> 00:37:48,557 Every bitcoin can be broken 588 00:37:48,597 --> 00:37:49,245 sats. 589 00:37:49,421 --> 00:37:52,173 And so, like, you don't have 590 00:37:52,285 --> 00:37:52,877 I don't know if. 591 00:37:52,917 --> 00:37:56,061 I think you probably know that 592 00:37:56,229 --> 00:38:01,533 I think It's a thousand sats 593 00:38:01,685 --> 00:38:03,101 Or a thousand sats for a dollar. 594 00:38:03,149 --> 00:38:04,413 So 10,000 sats for $10. 595 00:38:04,485 --> 00:38:05,137 Yeah. 596 00:38:05,557 --> 00:38:09,629 So the math is a little bit 597 00:38:09,653 --> 00:38:11,527 $100,000. 598 00:38:11,687 --> 00:38:16,151 But you, you know, you could 599 00:38:16,199 --> 00:38:21,079 to having to pay $100,000, 600 00:38:21,103 --> 00:38:23,387 know, impossible. 601 00:38:23,807 --> 00:38:26,663 So that's a long tangent, but that's. 602 00:38:26,695 --> 00:38:28,711 Some of those are some of the 603 00:38:28,759 --> 00:38:35,335 And I would highly recommend 604 00:38:35,471 --> 00:38:39,459 if you wanted to kind of be 605 00:38:39,563 --> 00:38:40,467 an easier way. 606 00:38:40,507 --> 00:38:42,739 One other thing about Fold is 607 00:38:42,763 --> 00:38:48,083 get a percentage back in 608 00:38:48,195 --> 00:38:51,859 So those are some potential 609 00:38:51,883 --> 00:38:53,027 use if they were interested. 610 00:38:53,107 --> 00:38:54,487 I have both apps. 611 00:38:54,827 --> 00:39:01,059 I use both to some degree, but 612 00:39:01,083 --> 00:39:03,011 them more in the future. 613 00:39:03,099 --> 00:39:03,587 So. 614 00:39:03,707 --> 00:39:06,927 Any other questions or maybe 615 00:39:10,467 --> 00:39:13,927 Oh, I know you mentioned fees 616 00:39:14,307 --> 00:39:17,627 Or trading their bill or 617 00:39:17,667 --> 00:39:19,771 Like, why would, why would you 618 00:39:19,939 --> 00:39:24,167 Isn't it better for you to 619 00:39:25,027 --> 00:39:29,275 That's the crazy thing about 620 00:39:29,331 --> 00:39:32,567 everyone has different reasons 621 00:39:33,057 --> 00:39:36,857 Some people are not nearly as 622 00:39:37,017 --> 00:39:40,761 So you get to the 623 00:39:40,769 --> 00:39:43,257 you want to sell because 624 00:39:43,297 --> 00:39:49,801 it was $400, and whenever it 625 00:39:49,889 --> 00:39:52,557 it's like, close enough you're 626 00:39:53,377 --> 00:39:57,689 But I agree that, like, with 627 00:39:57,713 --> 00:40:03,319 long term, keeping it in 628 00:40:03,423 --> 00:40:06,867 very likely be incredibly 629 00:40:07,407 --> 00:40:13,367 So there are, yeah, there are 630 00:40:13,407 --> 00:40:18,263 these leveraged positions 631 00:40:18,295 --> 00:40:20,487 down, they make a whole bunch 632 00:40:20,527 --> 00:40:22,263 that are never selling. 633 00:40:22,375 --> 00:40:27,189 But the more people that learn 634 00:40:27,213 --> 00:40:30,853 the potential in bitcoin, the 635 00:40:30,925 --> 00:40:34,165 And each, you know, each 636 00:40:34,221 --> 00:40:34,629 high. 637 00:40:34,733 --> 00:40:38,213 There's this whole new group 638 00:40:38,285 --> 00:40:41,797 okay, I discounted this when I 639 00:40:41,837 --> 00:40:45,349 time, or two times ago, or 10 640 00:40:45,533 --> 00:40:50,027 But now it's clear to me that 641 00:40:50,117 --> 00:40:51,727 so I should start taking it 642 00:40:51,807 --> 00:40:55,807 And every time that happens, 643 00:40:55,847 --> 00:41:01,151 buy bitcoin with the intent of 644 00:41:01,239 --> 00:41:04,867 10, 20, 30 years or passing it 645 00:41:05,287 --> 00:41:09,867 And when that happens, the 646 00:41:10,407 --> 00:41:11,347 decreases. 647 00:41:11,687 --> 00:41:18,009 You know, like, so let's say 648 00:41:18,153 --> 00:41:19,785 end up getting purchased. 649 00:41:19,881 --> 00:41:22,329 And they're like, people say, 650 00:41:22,433 --> 00:41:26,409 It might be more than that 651 00:41:26,433 --> 00:41:28,597 means there's only 6 million 652 00:41:28,897 --> 00:41:33,913 Well, there's also a bunch of 653 00:41:34,105 --> 00:41:34,761 not available. 654 00:41:34,849 --> 00:41:39,769 Like, Satoshi has about a 655 00:41:39,793 --> 00:41:42,909 those have not moved since he 656 00:41:42,933 --> 00:41:43,517 earth. 657 00:41:43,677 --> 00:41:45,117 And so those probably won't move. 658 00:41:45,157 --> 00:41:48,941 And so, like, There are about 659 00:41:49,029 --> 00:41:53,517 probably won't move because 660 00:41:53,557 --> 00:41:54,137 reason. 661 00:41:54,517 --> 00:41:57,821 And so you're getting to this 662 00:41:57,869 --> 00:42:02,477 available to be traded or 663 00:42:02,517 --> 00:42:03,229 tiny. 664 00:42:03,373 --> 00:42:06,217 And that's the bitcoin people 665 00:42:06,677 --> 00:42:09,597 That's the bitcoin they're 666 00:42:09,637 --> 00:42:10,221 for. 667 00:42:10,389 --> 00:42:12,909 And at a certain point in 668 00:42:13,013 --> 00:42:16,445 I have this bitcoin and I 669 00:42:16,581 --> 00:42:20,013 And that's when the price 670 00:42:20,045 --> 00:42:24,509 this crazy crunch because 671 00:42:24,573 --> 00:42:27,309 there's not enough to go 672 00:42:27,333 --> 00:42:31,293 I mean, there's always enough 673 00:42:31,445 --> 00:42:36,109 you know, let's say you got in 674 00:42:36,133 --> 00:42:39,251 $1,000 a coin, you bought five 675 00:42:39,419 --> 00:42:42,339 Well, those five are probably 676 00:42:42,443 --> 00:42:45,491 You're saying, I went from a 677 00:42:45,659 --> 00:42:50,819 There's no way I'm going to 678 00:42:50,843 --> 00:42:52,367 it's going to go so much higher. 679 00:42:52,907 --> 00:42:53,267 So. 680 00:42:53,307 --> 00:42:53,927 Yeah. 681 00:42:54,347 --> 00:42:55,731 Why do people buy and sell? 682 00:42:55,819 --> 00:42:56,243 Who knows? 683 00:42:56,275 --> 00:42:59,219 Everyone has a reason, but at 684 00:42:59,243 --> 00:43:04,067 to do is to buy it, to hold it 685 00:43:04,107 --> 00:43:04,687 term. 686 00:43:05,257 --> 00:43:06,117 Yeah. 687 00:43:08,297 --> 00:43:11,233 So I don't know if we've 688 00:43:11,265 --> 00:43:14,305 Do you have some additional 689 00:43:14,361 --> 00:43:17,809 or some additional things that 690 00:43:17,833 --> 00:43:18,837 this conversation? 691 00:43:19,737 --> 00:43:22,077 No, I think you, you pretty 692 00:43:22,617 --> 00:43:24,673 Even the questions I didn't 693 00:43:24,745 --> 00:43:27,841 So it's starting to, I think 694 00:43:27,889 --> 00:43:28,477 now. 695 00:43:30,467 --> 00:43:34,007 Yeah, I think I'm starting to 696 00:43:34,387 --> 00:43:38,171 Well, any, you already know 697 00:43:38,259 --> 00:43:43,323 and shares, who's not yet A 698 00:43:43,355 --> 00:43:47,755 So you are going to get your 699 00:43:47,891 --> 00:43:49,087 this recording. 700 00:43:49,427 --> 00:43:53,675 And it's a good step in the, 701 00:43:53,731 --> 00:43:54,683 the right direction. 702 00:43:54,795 --> 00:43:58,957 But I would just would like to 703 00:43:59,077 --> 00:44:05,309 if you have money that you can 704 00:44:05,333 --> 00:44:07,005 a great way to do this. 705 00:44:07,141 --> 00:44:10,893 Even now, you know, $100,000, 706 00:44:11,045 --> 00:44:16,333 but they've said that, you 707 00:44:16,405 --> 00:44:17,501 they've set it at a thousand. 708 00:44:17,589 --> 00:44:20,941 People were selling at 400 709 00:44:20,949 --> 00:44:22,125 it went up to 400. 710 00:44:22,261 --> 00:44:24,109 You know, I'm just sort of 711 00:44:24,133 --> 00:44:30,993 But people, people have sold 712 00:44:31,025 --> 00:44:33,117 of their ways across the long term. 713 00:44:33,417 --> 00:44:35,953 So anyone who does, especially 714 00:44:35,985 --> 00:44:40,033 have a lot of extra money, if 715 00:44:40,065 --> 00:44:46,837 term savings account or 716 00:44:47,177 --> 00:44:51,041 what bitcoin could do for your 717 00:44:51,049 --> 00:44:51,665 the long term. 718 00:44:51,721 --> 00:44:55,385 So, and I, I'm going to kick 719 00:44:55,441 --> 00:44:57,717 thoughts you may have before 720 00:44:58,977 --> 00:45:00,357 No, this was good. 721 00:45:01,057 --> 00:45:02,617 I'm probably, definitely gonna have. 722 00:45:02,657 --> 00:45:05,849 I can't think of any more 723 00:45:05,873 --> 00:45:12,073 into it and actually start 724 00:45:12,105 --> 00:45:14,201 definitely have more questions 725 00:45:14,289 --> 00:45:15,977 But that'll be offline, of course. 726 00:45:16,097 --> 00:45:17,353 But this is great. 727 00:45:17,505 --> 00:45:19,957 Yeah, I learned a whole lot more. 728 00:45:20,347 --> 00:45:22,899 Well, now you can hopefully 729 00:45:22,923 --> 00:45:25,571 there are going to be more and 730 00:45:25,619 --> 00:45:29,155 across the next year as the 731 00:45:29,211 --> 00:45:35,155 And now you probably know more 732 00:45:35,211 --> 00:45:38,019 Maybe that's a little 733 00:45:38,043 --> 00:45:42,851 more because you've actually 734 00:45:42,859 --> 00:45:46,067 couple previous conversations 735 00:45:46,107 --> 00:45:46,259 it. 736 00:45:46,283 --> 00:45:48,903 And I think it's a little 737 00:45:48,935 --> 00:45:49,559 now. 738 00:45:49,743 --> 00:45:51,507 Hope my answers have been 739 00:45:52,367 --> 00:45:53,227 Yeah. 740 00:45:53,967 --> 00:45:54,519 Great. 741 00:45:54,623 --> 00:45:56,759 Well, Anaya, thank you so much 742 00:45:56,783 --> 00:45:57,751 It's been a pleasure. 743 00:45:57,879 --> 00:45:59,159 Yeah, thanks for having me. 744 00:45:59,263 --> 00:46:00,183 Well, friends, it's a wrap. 745 00:46:00,215 --> 00:46:03,815 Thanks so much for listening 746 00:46:03,911 --> 00:46:04,359 show. 747 00:46:04,463 --> 00:46:07,079 Remember to check out the 748 00:46:07,143 --> 00:46:10,103 and leave feedback about how 749 00:46:10,175 --> 00:46:11,687 I'd love to hear what you have 750 00:46:11,727 --> 00:46:15,377 As always, keep building, keep 751 00:46:15,417 --> 00:46:17,233 living and leading. 752 00:46:17,345 --> 00:46:17,497 Well.