1 00:00:00,000 --> 00:00:07,240 If people understood this point of view, I think it'll save many folks a lot of anxiety and agony over Bitcoin. 2 00:00:07,500 --> 00:00:17,380 Part of the reason I opt out at this point is just because I hate all of the systems that enslave us so much that even if it's less convenient for now, I'll opt for it. 3 00:00:17,500 --> 00:00:21,860 When you've been in Bitcoin for long enough, that's when it starts to click for you. 4 00:00:22,020 --> 00:00:28,080 If you're going to buy Bitcoin, it is not something that you look at your account every day, every week and let it drive your emotions. 5 00:00:28,080 --> 00:00:32,360 When you hold Bitcoin, you own all fiat currencies. 6 00:00:32,680 --> 00:00:37,140 Like you'll have a million of every single one of them, a billion of some other ones. 7 00:00:37,420 --> 00:00:40,280 Like you'll be holding the kingpin of all money, right? 8 00:00:45,520 --> 00:00:48,340 Hey everyone, welcome to another episode of Bitcoin Banter. 9 00:00:48,440 --> 00:00:49,960 I have Greer and Tony with me. 10 00:00:50,240 --> 00:00:53,340 Due to some travel conflicts, we're going to schedule this in advance. 11 00:00:53,400 --> 00:00:54,680 So this is less news-based. 12 00:00:54,680 --> 00:00:58,100 But Tony, you had a very interesting tweet that I think we should start with. 13 00:00:58,180 --> 00:01:00,020 And we'll see where this conversation takes us. 14 00:01:00,680 --> 00:01:04,060 You said, when you price the world in Bitcoin, the dollar stops looking like money. 15 00:01:04,140 --> 00:01:06,180 It looks like melting ice in hell. 16 00:01:06,560 --> 00:01:08,820 And you share this chart, an interesting one. 17 00:01:08,940 --> 00:01:10,760 It's one Bitcoin equals one Bitcoin. 18 00:01:10,880 --> 00:01:17,200 And then how many euros, dollars, British pound and so forth, you know, make up the value of a Bitcoin. 19 00:01:17,200 --> 00:01:27,940 And I think you're hitting on a very important point and one that is challenging for people, for the average person to break free of, like this notion of how many dollars is my Bitcoin worth? 20 00:01:28,300 --> 00:01:30,720 Instead, you should be thinking in terms of purchasing power. 21 00:01:30,820 --> 00:01:33,880 You should be thinking in terms of one Bitcoin equals one Bitcoin. 22 00:01:33,940 --> 00:01:35,460 And what is that going to mean for your future? 23 00:01:35,940 --> 00:01:36,920 Would you care to elaborate? 24 00:01:37,080 --> 00:01:38,720 And then we can just kind of riff on this for a little bit. 25 00:01:39,160 --> 00:01:39,900 Yeah, of course, man. 26 00:01:39,900 --> 00:01:45,280 And I mean, if people understood, you know, this point of view, I think it'll save many 27 00:01:45,280 --> 00:01:51,320 folks a lot of anxiety and agony over Bitcoin, because a lot of people come into this thinking 28 00:01:51,320 --> 00:01:57,320 of it as a speculation, as a trade in order to buy, to sell for more dollars or euros 29 00:01:57,320 --> 00:01:59,560 or whatever other local currency that they're holding. 30 00:02:00,140 --> 00:02:04,100 And this is where a lot of people make mistakes, you know, end up losing funds and what have 31 00:02:04,100 --> 00:02:04,220 you. 32 00:02:04,340 --> 00:02:05,380 Bitcoin is not a trade. 33 00:02:05,480 --> 00:02:06,300 It's not a stock. 34 00:02:06,420 --> 00:02:07,260 It's not a speculation. 35 00:02:07,260 --> 00:02:07,980 It's money. 36 00:02:07,980 --> 00:02:11,760 In fact, it's the most powerful money humanity has ever seen. 37 00:02:12,540 --> 00:02:18,100 When people earn a paycheck, like for example, if you earn a paycheck in US dollars, whenever 38 00:02:18,100 --> 00:02:20,980 you cash it in, do you compare it to other currencies? 39 00:02:21,520 --> 00:02:25,000 Like do you compare it against the Zimbabwean currency or any other currency? 40 00:02:25,600 --> 00:02:26,620 Of course you don't. 41 00:02:26,920 --> 00:02:33,140 So why would you do that with Bitcoin when in fact Bitcoin is money no different than 42 00:02:33,140 --> 00:02:37,740 the US dollar or the euro or any other local currency with the main exception that it's 43 00:02:37,740 --> 00:02:41,160 not government or central bank issued and it cannot be manipulated. 44 00:02:41,300 --> 00:02:42,100 It's fixed in supply. 45 00:02:42,200 --> 00:02:44,160 Nobody can corrupt it and what have you. 46 00:02:44,880 --> 00:02:49,160 You cannot think of it as anything else, right? 47 00:02:49,160 --> 00:02:55,400 And so if people focused on this and started to save in Bitcoin and understood that Bitcoin's 48 00:02:55,400 --> 00:03:03,600 power is its appreciation in purchasing power and not how many X dollars or X euros more 49 00:03:03,600 --> 00:03:06,780 it's going to give you, then everything changes. 50 00:03:06,780 --> 00:03:14,320 take one bitcoin it is the most powerful currency look how many of these other shit coins you get 51 00:03:14,320 --> 00:03:22,300 by holding one bitcoin why would you want to hold anything else people make fun of the zimbabwean 52 00:03:22,300 --> 00:03:26,640 currency when they're holding dollars they're like ah look how much i have i'm how much i'm 53 00:03:26,640 --> 00:03:31,200 worth in zimbabwe while bitcoiners are making fun of people holding dollars in the same way 54 00:03:31,200 --> 00:03:37,660 right tony i guess maybe where i'd where i'd so i i obviously agree with the sentiment and i think 55 00:03:37,660 --> 00:03:44,640 this is an important hurdle for people to overcome mentally that said because the dollar is the global 56 00:03:44,640 --> 00:03:50,480 unit of account so to speak it's the i think for a lot of people and like i'd love to hear either 57 00:03:50,480 --> 00:03:56,500 of you respond to this because i while i agree with you i sympathize with people who are like 58 00:03:56,500 --> 00:04:01,640 hey, the only way I can understand what my purchasing power is in any, you know, practical 59 00:04:01,640 --> 00:04:07,680 sense is by looking at what it's worth in dollars. I don't really think about it. I don't look at the 60 00:04:07,680 --> 00:04:11,540 dollar price. I just don't care because I know over a long enough time horizon, my purchasing 61 00:04:11,540 --> 00:04:15,720 power is going up. But in the meantime, if you've got people who are like trying to buy a particular 62 00:04:15,720 --> 00:04:21,000 thing or whatever, they, they, they become infatuated with this number go up. What's it worth 63 00:04:21,000 --> 00:04:26,080 in dollars. Like, how would you, how would you maybe address those people who are saying, Hey, 64 00:04:26,080 --> 00:04:31,200 I've still got this like fiat denominated life life that I live. What do I, what do I do with 65 00:04:31,200 --> 00:04:35,980 that? It takes time. I think that's the challenge here. Like to get to where Tony is, or maybe 66 00:04:35,980 --> 00:04:41,160 Michael, where you are, it either takes time or scale. You need to have enough Bitcoin where 67 00:04:41,160 --> 00:04:45,940 the dollar price doesn't matter. And I think if somebody's, let's say they bought Bitcoin last 68 00:04:45,940 --> 00:04:52,440 year. They bought it at 107. They're hyper focused on the fact that it's, you know, 89,000 or in the 69 00:04:52,440 --> 00:04:57,500 90s where whenever this episode comes out. And that's the challenge people are thinking about 70 00:04:57,500 --> 00:05:03,340 today. They're thinking about, OK, I bought Bitcoin. I'm not free yet. But when you've been 71 00:05:03,340 --> 00:05:09,380 in Bitcoin for long enough, that's when it starts to click for you. And to me, that is table stakes. 72 00:05:09,380 --> 00:05:14,400 If you're going to buy Bitcoin, it is not something that you look at your account every day, every 73 00:05:14,400 --> 00:05:20,300 week and let it drive your emotions and how you feel about yourself. It's not an investment the 74 00:05:20,300 --> 00:05:26,020 way that you'd invest in a stock or something like that. It is a tool that will set you free. 75 00:05:26,020 --> 00:05:32,320 But unless you purchase 10 or 12 or 20 Bitcoin at once, let's say you're a sat stacker and you're 76 00:05:32,320 --> 00:05:38,440 buying $100 or $500 every month, it's going to take time until you understand what Bitcoin has 77 00:05:38,440 --> 00:05:43,820 done for you. To me, there's no way escaping that unless we go to a million dollars overnight or 78 00:05:43,820 --> 00:05:47,760 10 million overnight. And I think that's the part where people are having the most problem. 79 00:05:48,320 --> 00:05:52,620 It takes the thing. The thing is, you don't even have to go that high, man. You don't have to go 80 00:05:52,620 --> 00:05:58,200 that nowhere near that high initially. If you if you if you're in a position to buy 10 or 12 now, 81 00:05:58,200 --> 00:06:03,680 you would probably see an immediate change. But that's not necessarily, you know, what most people 82 00:06:03,680 --> 00:06:11,260 need to do. Basically, from the way I see it is that most folks don't know that Bitcoin exists as 83 00:06:11,260 --> 00:06:16,340 money. I think it's just as simple as that. They don't know that there's a new form of money out in 84 00:06:16,340 --> 00:06:23,020 the universe available to them to use. And so they hear about it, you know, whenever they do, but they 85 00:06:23,020 --> 00:06:28,500 only hear about it as a speculation as, oh yeah, guys, buy this so you can get more of that later 86 00:06:28,500 --> 00:06:34,980 on. They don't hear about this as, you know, you don't need to use this, use this instead. And so 87 00:06:34,980 --> 00:06:39,900 if you're saving, you don't like, I mean, you don't even need to start with big amounts, just 88 00:06:39,900 --> 00:06:42,800 gradually, continuously add to your savings. 89 00:06:43,380 --> 00:06:45,060 Because of its finite supply, 90 00:06:45,640 --> 00:06:49,480 this money's purchasing power is so strong 91 00:06:49,480 --> 00:06:53,780 that it's going to exponentially go up forever 92 00:06:53,780 --> 00:06:56,160 because of that finite supply 93 00:06:56,160 --> 00:07:00,660 as more people understand that this is a new form of money 94 00:07:00,660 --> 00:07:03,420 that they can put their savings in. 95 00:07:04,060 --> 00:07:06,760 Like instead of saving it in whatever local worthless paper 96 00:07:06,760 --> 00:07:08,960 they're currently doing, they do it in that. 97 00:07:08,960 --> 00:07:13,720 and give it enough time, you know, that's when you start seeing that, 98 00:07:13,980 --> 00:07:17,020 okay, well, I started with, you know, X and now, holy shit, 99 00:07:17,120 --> 00:07:19,320 this X is worth, you know, a lot more. 100 00:07:19,460 --> 00:07:22,380 But if you want that immediate fix, then yes, of course, you know, 101 00:07:22,380 --> 00:07:24,500 if you're in a position to go buy 10, 12, 15, 102 00:07:24,620 --> 00:07:27,120 or whatever amount of Bitcoin that you have, then, you know, 103 00:07:27,160 --> 00:07:28,120 you're going to see that. 104 00:07:28,440 --> 00:07:31,720 But for most folks, that's just not going to happen 105 00:07:31,720 --> 00:07:35,040 because most folks are living at the poverty line. 106 00:07:35,260 --> 00:07:37,920 I mean, just based on recent stats in the US, 107 00:07:37,920 --> 00:07:44,420 if you're making 140k a year, you're considered poor. And most people aren't anywhere near that 108 00:07:44,420 --> 00:07:51,140 metric. So it's really about like getting people to change the way they look at this thing. 109 00:07:51,320 --> 00:07:55,120 And, you know, start like adopting it the proper way. 110 00:07:56,100 --> 00:08:01,060 Tony, I think maybe like a way you could explain this. Tell me if you think this is a useful 111 00:08:01,060 --> 00:08:06,600 analogy. Imagine you could go back in time, you get in a time machine and you head back to 112 00:08:06,600 --> 00:08:14,140 the time before gold was money before people used you know metal coins and some guys digging up a 113 00:08:14,140 --> 00:08:19,060 bunch of gold and you're like hey that's going to be money someday like that's going to be valuable 114 00:08:19,060 --> 00:08:24,000 people are going to use that to exchange value with one another and he's like okay well how much 115 00:08:24,000 --> 00:08:28,320 is it worth it's like i i don't know nothing right now or just a little bit right now but like 116 00:08:28,320 --> 00:08:32,840 eventually if you hold on to that someday you're going to be able to melt that create coins and 117 00:08:32,840 --> 00:08:34,880 you're going to have incredible purchasing power. 118 00:08:34,880 --> 00:08:36,600 And he's like, I don't know. 119 00:08:36,600 --> 00:08:39,600 I think we're going to keep using these seashells or whatever it is that they're using at the 120 00:08:39,600 --> 00:08:39,980 time. 121 00:08:40,340 --> 00:08:43,340 Well, you tell someone else that he's like, oh, wow, this is interesting. 122 00:08:44,020 --> 00:09:00,052 I guess maybe I hold on to some of this You know let see if you right And in the future suddenly that guy like the next billion he the first billionaire because he been hoarding gold for a while We kind of in my view at that early stage of this monetization where 123 00:09:00,052 --> 00:09:05,032 it's unclear to the rest of the world why that would be, but that's what's happening. And we're 124 00:09:05,032 --> 00:09:09,092 seeing it play out in real time, but it's, it's subtle. It doesn't get the attention on mainstream 125 00:09:09,092 --> 00:09:14,432 media that most people are watching. But if you could be that person who's hoarding the gold 126 00:09:14,432 --> 00:09:19,292 early and beginning to use it slowly as people are willing to accept it, which, by the way, 127 00:09:19,352 --> 00:09:21,412 increases its value more quickly. 128 00:09:22,212 --> 00:09:23,872 Like, that's where we're at with Bitcoin. 129 00:09:23,872 --> 00:09:27,472 Is that like, does that resonate or is that something that you think? 130 00:09:27,812 --> 00:09:30,332 Yeah, I completely agree with you. 131 00:09:30,452 --> 00:09:35,312 I mean, at some point, people are going to be having, you know, like dinner stories about 132 00:09:35,312 --> 00:09:35,552 this. 133 00:09:35,672 --> 00:09:39,872 Can you imagine if we had Bitcoin, you know, back, you know, five years ago or 10 years 134 00:09:39,872 --> 00:09:40,072 ago? 135 00:09:40,152 --> 00:09:43,872 I mean, these are the conversations that are going to happen because by then, you know, 136 00:09:43,872 --> 00:09:49,072 that the mere thought of owning a Bitcoin is going to be so far away that it's unattainable. 137 00:09:49,832 --> 00:09:54,972 But you need people to, you know, be informed about this. And of course, you need a little bit 138 00:09:54,972 --> 00:10:01,452 of time and an open mind to sit down, listen, learn something you, first of all, understand 139 00:10:01,452 --> 00:10:07,452 what money is and why the incentives of something that is no longer controllable by human beings 140 00:10:07,452 --> 00:10:12,512 is so powerful. Yeah. And I think to your point about going back in time, Michael, 141 00:10:12,512 --> 00:10:21,972 If I could do that, I would go back to 2008 and I joined the Bitcoin mailing list and I'd be mining Bitcoin right alongside Satoshi and Hal Finney. 142 00:10:22,192 --> 00:10:28,832 You know, and I think the question we have to ask is, you know, why are all of these large institutions buying Bitcoin? 143 00:10:29,352 --> 00:10:31,712 You know, why why does BlackRock want to hold so much? 144 00:10:31,812 --> 00:10:33,312 Why is Saylor buying so much? 145 00:10:33,912 --> 00:10:37,332 And I think that we know that the world is is going digital. 146 00:10:37,772 --> 00:10:39,972 Every every payment is going to be digital. 147 00:10:39,972 --> 00:10:46,112 It just is yet to be determined, like which stable coin is going to be the one that everybody 148 00:10:46,112 --> 00:10:46,652 uses. 149 00:10:46,852 --> 00:10:52,372 But I think that if you have a little Bitcoin, even a small amount, you've already front 150 00:10:52,372 --> 00:10:54,612 run most people in the world. 151 00:10:55,092 --> 00:10:59,452 I think there's the large majority of Bitcoin holders have like 0.01. 152 00:10:59,672 --> 00:11:04,312 I think the largest cohort, it's like 14% of people who have Bitcoin only have about 153 00:11:04,312 --> 00:11:05,492 $900 worth. 154 00:11:05,932 --> 00:11:08,912 So I think we have to see where the future is going. 155 00:11:08,912 --> 00:11:33,712 The future is going to be digital. It's not going to be, you know, bars of gold and silver that we transact with. And Bitcoin is the only alternative to being in a permission surveillance state. You know, it's clear that's where we're heading. We talk about Palantir. It's sort of a dark subject. But if the future is going to be digital, Bitcoin, in my opinion, is the only way to escape it. I just wish I was mining it back in 2009. 156 00:11:33,712 --> 00:11:40,572 right yeah and tony to the point you you raise here more broadly i was telling greer offline i 157 00:11:40,572 --> 00:11:45,752 have a friend he's actually a client of the bitcoin way now uh i i literally paid for him to 158 00:11:45,752 --> 00:11:51,752 acquire our services because he's one of the only people who has taken interest to the level of hey 159 00:11:51,752 --> 00:11:56,732 i want to take self-custody i want to like start accumulating even if it's slowly but he's he's 160 00:11:56,732 --> 00:12:01,992 very early on in his journey and he reached out to me yesterday and he's like hey man like what 161 00:12:01,992 --> 00:12:07,872 are like the factors and the variables that affect the price of bitcoin and i was like first of all 162 00:12:07,872 --> 00:12:11,952 man like you're you're still thinking about this wrong like it it doesn't it doesn't matter like 163 00:12:11,952 --> 00:12:18,732 it's it's human psychology it's wall street manipulation it's supply and demand it's paper 164 00:12:18,732 --> 00:12:23,112 bitcoin like there's so many factors it's geopolitical tensions and people not understanding 165 00:12:23,112 --> 00:12:29,092 that it's digital gold and so much more but i was like at the end of the day like you need to stop 166 00:12:29,092 --> 00:12:34,012 like you're not accumulating this in the hopes that it goes to a million dollars so you can cash 167 00:12:34,012 --> 00:12:39,172 out. Like that's, that's not the point. The point is, so that way you have a million dollars worth 168 00:12:39,172 --> 00:12:44,312 of purchasing power in something that can't be censored. You don't need permission to use 169 00:12:44,312 --> 00:12:49,292 anytime day or night, no bank holidays that you can carry across borders, like all of these other 170 00:12:49,292 --> 00:12:54,032 things that we talk about. Like that's you. Yes. We want it to go to a million dollars because that 171 00:12:54,032 --> 00:12:59,992 means the purchasing power is increased, but it's not because of some, you know, round number in 172 00:12:59,992 --> 00:13:06,772 fiat terms. It's like, I have such a hard time figuring out how to break people out of this mold. 173 00:13:06,932 --> 00:13:10,792 And I think you're Greer. I mean, if I were to just throw up my hands a bit, I'd say you're 174 00:13:10,792 --> 00:13:16,512 right. Like it takes time. It's, you know, I'm four years into my journey and it's so evident 175 00:13:16,512 --> 00:13:22,112 to me and it's, but I can't just through osmosis impart what I've learned and how I've changed my 176 00:13:22,112 --> 00:13:25,832 mind about so many things onto someone who's just picking this up for the first time. 177 00:13:26,232 --> 00:13:31,132 It's because by default, people assume everything is a scam, right? And so when you come up with 178 00:13:31,132 --> 00:13:37,092 something that literally sounds like magical and too good to be true, and somebody's listening to 179 00:13:37,092 --> 00:13:41,912 you for the first time, of course, they're going to start automatically thinking, okay, so what's 180 00:13:41,912 --> 00:13:46,432 the catch here? What's he not telling me? What am I going to do that's going to get me screwed 181 00:13:46,432 --> 00:13:51,692 later on? I'm going to lose my money. That's what initially most folks are thinking. But I have a 182 00:13:51,692 --> 00:13:56,632 theory about what's going on, you know, with regards to governments and institutions. And the 183 00:13:56,632 --> 00:14:03,592 more I thought about this, like I'm almost 100% sure this is exactly what's going on. And it goes 184 00:14:03,592 --> 00:14:10,752 something like this. They understand Bitcoin is unstoppable. They understand that Bitcoin was 185 00:14:10,752 --> 00:14:16,392 created to remove their power completely. They know this now. Like, I mean, they've tried to 186 00:14:16,392 --> 00:14:22,332 kill it over the last 17 years. It's not worked. So what they're trying to do in order to remain 187 00:14:22,332 --> 00:14:30,292 relevant and in control is trying to accumulate as much of it as possible in order to build a world 188 00:14:30,292 --> 00:14:37,632 where they dangle all these services to keep as many people as possible still dependent on them, 189 00:14:37,752 --> 00:14:42,032 but using Bitcoin this time, right? Because their money is failing. It's going to zero. 190 00:14:42,032 --> 00:14:49,132 they've printed it to you know to oblivion that's dead so what's the next you know uh the next best 191 00:14:49,132 --> 00:14:54,112 thing what's the next upgrade to them remaining in power well this is where you know they try to 192 00:14:54,112 --> 00:14:59,032 separate you know ignorant folks from their coins so that they can build these massive ecosystems 193 00:14:59,032 --> 00:15:06,572 so i'm 100 sure you're going to start seeing these crazy incentives no taxes on bitcoin um low interest 194 00:15:06,572 --> 00:15:11,692 rates on you know legacy products using bitcoin wrappers you're going to go see like a whole 195 00:15:11,692 --> 00:15:18,852 bunch of Disneyland products based on Bitcoin. But as long as that Bitcoin is still within the 196 00:15:18,852 --> 00:15:26,512 custody of these same players, because you have no sovereignty in, you know, in that world. And 197 00:15:26,512 --> 00:15:31,872 this is what they're desperately trying to do, right? Yeah, I think it's game theory playing out, 198 00:15:32,032 --> 00:15:37,952 but it only works. The game theory only works if you adopt Bitcoin. And to what you were saying, 199 00:15:37,952 --> 00:15:42,952 Michael, I would say like to your normie friend, if you knew anybody growing up that had a trust 200 00:15:42,952 --> 00:15:48,512 fund, right, they were able to live off of a portion of the dividend from the trust fund. 201 00:15:48,752 --> 00:15:53,452 You know, you never touch the principle, you live on the interest. And I would say that a lot of 202 00:15:53,452 --> 00:15:59,332 Bitcoiners have the same idea. It's like, get enough Bitcoin so that I can have a secure base. 203 00:15:59,852 --> 00:16:04,432 And there's a there's a great chart guy, Smithson with who I've tried to get on our spaces. 204 00:16:04,432 --> 00:16:11,372 And he put out charts that indicate if you can get four Bitcoin by 2030, you can deduct 205 00:16:11,372 --> 00:16:16,692 $100,000 a year and never have to work again if that's what your expenses are. 206 00:16:17,112 --> 00:16:19,712 You know, and by then, of course, expenses could be a lot higher. 207 00:16:19,892 --> 00:16:21,712 Maybe you need more Bitcoin than that or less. 208 00:16:21,912 --> 00:16:22,292 Who knows? 209 00:16:22,612 --> 00:16:26,212 But that was just based on the power curve model for Bitcoin's price. 210 00:16:26,692 --> 00:16:31,552 And so I think if we're going to adopt or if we're going to get more normies to adopt 211 00:16:31,552 --> 00:16:38,012 it. It's almost like treat Bitcoin as your future trust fund. Get as much as you possibly can. 212 00:16:38,172 --> 00:16:43,932 Bitcoin will go up over time. And then in a future world, you'll be able to deduct small amounts of 213 00:16:43,932 --> 00:16:49,452 your Bitcoin holdings to fund your lifestyle. That way you're not taking out debt. You're not using 214 00:16:49,452 --> 00:16:55,592 any other banking services. You're really just transacting in a fraction of Bitcoin. And the 215 00:16:55,592 --> 00:17:01,312 purchasing power has grown to the point where you can do that. Yeah, I think that's an interesting 216 00:17:01,312 --> 00:17:06,792 way of framing it. And honestly, and this is again, where I, I kind of throw my hands up. I'm 217 00:17:06,792 --> 00:17:12,792 like, maybe we do need to show those sorts of models for people, you know, who are just getting 218 00:17:12,792 --> 00:17:18,332 in. Like I, I'm so disinterested because at the end of the day, I'm just happy with more self 219 00:17:18,332 --> 00:17:25,952 sovereignty. And, uh, I think, I think what you described Greer is a useful orange pilling tool. 220 00:17:26,472 --> 00:17:30,552 My hope, and like what I'm always encouraging people to do is if you feel like you're, 221 00:17:30,552 --> 00:17:31,912 you've gone down the Bitcoin rabbit hole, 222 00:17:32,012 --> 00:17:33,332 you understand the macro case, 223 00:17:33,412 --> 00:17:35,212 maybe you understand the moral case for Bitcoin. 224 00:17:35,592 --> 00:17:36,372 That's awesome. 225 00:17:36,612 --> 00:17:54,344 But if you not feeling some level of like spite like part of the reason I opt out at this point is just because I hate all of the systems that enslave us so much that even if it less convenient for now even if it not a perfect solution at the moment like I opt for it 226 00:17:54,344 --> 00:18:04,284 I'll go out of my way to do things that the average person isn't probably going to go do because they don't feel that level of conviction, not just in Bitcoin, but against everything. 227 00:18:04,284 --> 00:18:06,924 and I see that all the time. 228 00:18:07,124 --> 00:18:08,524 And so maybe it's just a matter of me 229 00:18:08,524 --> 00:18:09,884 not being so damn impatient. 230 00:18:10,724 --> 00:18:12,364 I also will just say real quickly, 231 00:18:12,504 --> 00:18:14,444 I think if you look at, 232 00:18:14,584 --> 00:18:16,964 let's just say Congress and their spending level, 233 00:18:16,964 --> 00:18:19,764 there was a report this week that said 234 00:18:19,764 --> 00:18:24,064 $55 trillion has been stolen from the American people 235 00:18:24,064 --> 00:18:27,324 through taxes and through overspending, 55 trillion. 236 00:18:28,044 --> 00:18:30,304 So if you are like an average American, 237 00:18:30,564 --> 00:18:33,204 there's nothing you can say or do to stop that. 238 00:18:33,204 --> 00:18:39,444 You are literally powerless. But if you move to a Bitcoin standard, it doesn't matter what the 239 00:18:39,444 --> 00:18:45,084 government spends. They're not using your money. They can't tax your Bitcoin. You can hold it in 240 00:18:45,084 --> 00:18:51,924 self-custody and it's yours. And that to me is it's one way to sort of return power to yourself 241 00:18:51,924 --> 00:18:58,704 when you are no longer playing in a system where you have no control. Now you are set free from 242 00:18:58,704 --> 00:19:03,584 even having to worry about it. And to me, that's the shift that I think makes the dramatic 243 00:19:03,584 --> 00:19:08,364 improvement in someone's life. Instead of getting emotional on current events and this politician 244 00:19:08,364 --> 00:19:15,704 did that and this immigrant group stole this many billions of dollars. It's like, just switch over 245 00:19:15,704 --> 00:19:22,724 to Bitcoin and none of those problems influence you the way they had previously. Yeah. Tony, 246 00:19:22,764 --> 00:19:26,144 you have any other comment on that? I want to actually show this video that you guys were 247 00:19:26,144 --> 00:19:30,704 talking about offline. Yeah, go ahead and play that. That ties in really nice. I trust more 248 00:19:30,704 --> 00:19:37,404 independent central banks with a democratic mandate than private issuers of Bitcoin, 249 00:19:37,584 --> 00:19:42,504 which have a very useful role. Bitcoin is a decentralized protocol. There's actually no 250 00:19:42,504 --> 00:19:47,984 issuer of it. So that's in the sense that central banks have independence. Bitcoin is even more 251 00:19:47,984 --> 00:19:51,544 independent. There's no country or company or individual who controls it in the world. And so 252 00:19:51,544 --> 00:20:03,584 Anyway, I think it's a healthy competition because if people can decide which one they trust more, and I think it's actually the greatest accountability mechanism on deficit spending. 253 00:20:04,324 --> 00:20:11,144 So interestingly enough, Brian Armstrong sounds like a Bitcoin maxi for a moment here at Davos. 254 00:20:12,064 --> 00:20:13,584 I don't even know what to make it. 255 00:20:13,664 --> 00:20:16,584 I mean, this is I tend to always I'm so skeptical. 256 00:20:16,584 --> 00:20:20,404 I tend to always assume like these are conversations that are kind of preplanned and everything. 257 00:20:20,404 --> 00:20:31,164 But he's very publicly calling out a central banker and saying, look, this is why Bitcoin like you're in competition now, like you no longer have a monopoly on the issuance of money. 258 00:20:31,164 --> 00:20:36,264 You only have a monopoly on the issuance of your money that a lot of us are just saying no to. 259 00:20:37,264 --> 00:20:39,284 Tony, I think you found this one interesting, too. 260 00:20:39,384 --> 00:20:43,664 I mean, first of all, like to what extent do you take Brian seriously when he says stuff like this? 261 00:20:43,824 --> 00:20:46,304 You know, or are you skeptical? 262 00:20:47,344 --> 00:20:49,944 But what would you what would be your response to this? 263 00:20:50,404 --> 00:20:54,884 No, look, think what you want of Brian Armstrong and Coinbase and the fact that it's a shitcoin casino. 264 00:20:55,064 --> 00:20:57,764 But I think what he's saying here, he really means. 265 00:20:58,644 --> 00:21:00,704 And what he's saying is spot on. 266 00:21:01,204 --> 00:21:13,964 And the fact that this smug piece of shit is replying the way he is now is, you know, 100% signal that they are petrified because they have no incentives to compete against Bitcoin. 267 00:21:13,964 --> 00:21:15,224 And so they mock it. 268 00:21:15,324 --> 00:21:16,104 They make fun of it. 269 00:21:16,224 --> 00:21:19,504 You know, they belittle it thinking, you know, that people are just going to believe them. 270 00:21:20,244 --> 00:21:23,884 His statement is you need private control over money. 271 00:21:23,884 --> 00:21:30,324 You need thieves like him to ensure that the money is trustworthy, right? 272 00:21:30,784 --> 00:21:44,744 Whereas Bitcoin completely obliterates that mold, calls them a liar publicly, and just delivers, removes the possibility of abuse from the hands of these parasites back into the hands of the people. 273 00:21:44,744 --> 00:21:52,604 And there's nothing they can do about it other than, you know, attempt to mock it and belittle it in public, hoping enough people out there believe them. 274 00:21:52,784 --> 00:22:02,364 But it's not going to work because Brian Armstrong, again, your opinions aside here, he's a big public figure. 275 00:22:02,684 --> 00:22:04,544 So there are people that do listen to him. 276 00:22:04,824 --> 00:22:12,144 And I generally believe in this moment he means what he says because I don't think he's a fan of central bankers. 277 00:22:12,144 --> 00:22:21,584 He wouldn't be going to like a WEF summit of that sort saying something like this if he was just like trying to pull a joke. 278 00:22:21,744 --> 00:22:24,004 Right. So I think he definitely means it. 279 00:22:24,044 --> 00:22:29,824 And he was trying to like deliver a point straight to this guy's face, hopefully to shut him up once and for all. 280 00:22:31,264 --> 00:22:31,984 Greer, do you agree? 281 00:22:33,104 --> 00:22:36,124 I was surprised to hear this come out of Brian's mouth. 282 00:22:36,124 --> 00:22:38,944 It shows me that he does understand Bitcoin. 283 00:22:38,944 --> 00:22:44,504 And then it's contrasted with the fact that you can buy Farpcoin and other shit coins on his platform. 284 00:22:45,004 --> 00:22:49,564 To me, the focus should be on Bitcoin, especially for a company as large as Coinbase. 285 00:22:50,104 --> 00:23:01,784 You know, and I think as it relates to banking, it's not surprising to see someone at a European central bank mock and scoff Bitcoin and think that it or not even be able to understand what it is. 286 00:23:02,124 --> 00:23:04,184 It's I'm sorry, you're too late to the game. 287 00:23:04,184 --> 00:23:09,844 Bitcoin is way too big and it's way too massive to make it go away. 288 00:23:10,344 --> 00:23:16,104 And if I were a bank, I would try to be trying to figure out, you know, what are stable coins going to do to our business? 289 00:23:16,564 --> 00:23:24,864 You know, we're watching this battle with the Clarity Act where you have Coinbase on one side and other cryptos and then you have the banking industry. 290 00:23:25,544 --> 00:23:30,904 And I think that what they're kind of waking up to is the fact that the competition isn't going away. 291 00:23:30,904 --> 00:23:37,644 When crypto or when Trump said we're going to be the crypto capital of America, you know, I believe it should be the Bitcoin capital. 292 00:23:37,904 --> 00:23:42,024 But it shows that the banks are going to have to deal with this. 293 00:23:42,144 --> 00:23:47,284 You know, they're not paying out interest to their to all their customers, but stable coins are. 294 00:23:47,684 --> 00:23:51,064 So they see that the that the revolution of money is coming. 295 00:23:51,064 --> 00:24:04,424 And I think that stable coins will actually usher in a lot more Bitcoin adoption because between a stable coin that can be frozen and between Bitcoin itself, you know, those those two are incredibly distinct. 296 00:24:04,924 --> 00:24:09,684 So, you know, the writing is on the wall for the banking, the banking world at large. 297 00:24:10,044 --> 00:24:14,924 You know, stable coins are your worst enemy and Bitcoin will destroy those as well. 298 00:24:14,924 --> 00:24:18,904 yeah there's going to be a very narrow window though i think where you're going to be able to 299 00:24:18,904 --> 00:24:24,224 exchange stable coins or your cbdc yeah for bitcoin exactly you're going to have to start 300 00:24:24,224 --> 00:24:29,224 earning bitcoin fast because they're going to shut down those on ramps as quickly as they can i think 301 00:24:29,224 --> 00:24:34,684 you can work at stake and shake they'll pay you 21 cents for every hour in bitcoin that you work so 302 00:24:34,684 --> 00:24:39,824 if you need a place to to go um you know earn some bitcoin that's your that's that's a good bet 303 00:24:39,824 --> 00:24:44,824 did you see adam sameka's math on that it was something like if you work 30 years uh earning 304 00:24:44,824 --> 00:24:50,964 an extra 21 cents in Bitcoin per hour, 40 hour weeks. You could, you could start working at 305 00:24:50,964 --> 00:24:56,144 Steak and Shake when you're like 16 and at age 46, you could retire with like $3 million worth 306 00:24:56,144 --> 00:25:01,184 of Bitcoin. And that's only assuming like a 20% kegger for 30 years. So nevermind, we're probably 307 00:25:01,184 --> 00:25:06,044 going to see, you know, 40, 50, 60% keggers for in these early years. But the thing is- 308 00:25:06,044 --> 00:25:10,004 Yeah, of course, man, that scarcity we've never seen before. Like, holy shit, the amount of 309 00:25:10,004 --> 00:25:15,584 purchasing power that thing represents is, you know, it's so surreal that nobody can comprehend 310 00:25:15,584 --> 00:25:20,364 it. Yeah. And you can you don't even have to work in steak and shake. You know, they're paying you 311 00:25:20,364 --> 00:25:25,504 21 cents an hour and you can have, you know, three million dollars after 30 years. But you could 312 00:25:25,504 --> 00:25:30,124 double that. You could triple that. You could buy a dollar every hour and retire that much sooner. 313 00:25:30,364 --> 00:25:35,564 And it doesn't matter where you work. You know, the lesson is just get Bitcoin as often as you can 314 00:25:35,564 --> 00:25:37,144 with whatever money you have. 315 00:25:37,624 --> 00:25:39,004 And you can't look at it as, 316 00:25:39,344 --> 00:25:42,044 you know, is Bitcoin going to a million dollars tomorrow? 317 00:25:42,364 --> 00:25:43,964 You have to plan out and say, 318 00:25:44,064 --> 00:25:46,224 I'm in this thing for 10 years or more. 319 00:25:46,444 --> 00:25:49,024 And I won't even think about what my life looks like 320 00:25:49,024 --> 00:25:51,444 until after I've been in it for 10 years. 321 00:25:51,764 --> 00:25:53,604 That's the orange pill math 322 00:25:53,604 --> 00:25:55,024 that I think we need for people. 323 00:25:55,184 --> 00:25:57,664 It's like, look, if you could work at Steak and Shake 324 00:25:57,664 --> 00:26:01,124 and save 21 cents an hour for each hour that you work, 325 00:26:01,124 --> 00:26:03,604 and in 30 years, you got $3 million worth of Bitcoin. 326 00:26:03,604 --> 00:26:09,164 or like your problem, like many people listening to this are probably in a position where they 327 00:26:09,164 --> 00:26:14,144 could save a dollar, a couple of dollars an hour for each hour that they work, you know, 328 00:26:14,144 --> 00:26:18,964 lump some in when they get a, you know, a commission check or some sort of inheritance 329 00:26:18,964 --> 00:26:20,724 cash flow, like whatever it is. 330 00:26:20,964 --> 00:26:26,504 And you're only going to massively increase what that Bitcoin purchasing power is worth. 331 00:26:26,644 --> 00:26:38,275 And again it doesn matter that it million That just happens to be the dollar denominated value of the thing that you own at a particular point in time To Tony point I think I love what you said Tony 332 00:26:38,335 --> 00:26:42,775 that you don't get paid $5,000 in dollars 333 00:26:42,775 --> 00:26:45,995 and then compare, well, how many Zimbabwe in dollars 334 00:26:45,995 --> 00:26:46,775 is this worth? 335 00:26:46,896 --> 00:26:47,675 No one cares. 336 00:26:48,595 --> 00:26:50,195 I think we're going to reach that point. 337 00:26:50,476 --> 00:26:51,156 But again, I think- 338 00:26:51,156 --> 00:26:53,896 Yeah, you want to be holding the ruler of money. 339 00:26:54,175 --> 00:26:54,416 Right. 340 00:26:54,416 --> 00:26:55,896 When you hold Bitcoin, 341 00:26:55,896 --> 00:26:59,255 You know, you own all fiat currencies. 342 00:26:59,255 --> 00:27:04,035 Like you'll have a million of every single one of them, a billion of some other ones. 343 00:27:04,295 --> 00:27:07,195 Like you'll be holding the kingpin of all money, right? 344 00:27:07,376 --> 00:27:13,795 That you know no force in this universe can remove from your power unless you give it up. 345 00:27:13,916 --> 00:27:17,015 And they can't dilute it from you indirectly either. 346 00:27:17,355 --> 00:27:19,195 It's fixed in supply from now to eternity. 347 00:27:20,035 --> 00:27:23,995 So, man, it's like the incentives, they speak for themselves. 348 00:27:23,995 --> 00:27:27,455 But we just need more people to be aware that this is money. 349 00:27:27,815 --> 00:27:29,795 Forget investing in Bitcoin. 350 00:27:29,976 --> 00:27:31,095 You're not investing in anything. 351 00:27:31,255 --> 00:27:31,896 You're saving. 352 00:27:32,916 --> 00:27:36,236 Yeah, I think we all follow Sani on X. 353 00:27:36,656 --> 00:27:39,435 And, you know, he breaks down how much Bitcoin's available. 354 00:27:39,916 --> 00:27:42,476 And I've said this before, but I think about it all the time. 355 00:27:42,795 --> 00:27:46,175 There are only 3.3 million Bitcoin that are liquid. 356 00:27:46,575 --> 00:27:48,716 You know, that could be purchased by the market, 357 00:27:48,995 --> 00:27:52,315 whether that's institutions or sailor or retail. 358 00:27:52,315 --> 00:28:05,335 So, you know, 3 million Bitcoin could get scooped up if we have enough awareness, if enough, you know, world events happen where people think I need to get at least a little Bitcoin. 359 00:28:05,835 --> 00:28:09,396 You know, there's, you know, 30 million people could only get 0.1. 360 00:28:09,795 --> 00:28:12,136 You know, that's that's not a lot. 361 00:28:12,136 --> 00:28:22,535 I think we're often just sort of lured into the fact that we're watching the price and we're not looking at the available supply, which is, you know, it's not a lot. 362 00:28:22,755 --> 00:28:27,035 I mean, it wouldn't take a lot for Bitcoin to be, you know, unavailable. 363 00:28:28,335 --> 00:28:34,995 Yeah, the thing is, I think more becomes available at higher prices because I think there are a lot of, you know, quote unquote, long term hodlers. 364 00:28:35,236 --> 00:28:35,636 The FOMO. 365 00:28:36,055 --> 00:28:42,035 Well, like I think there are long term hodlers who like we've seen this right now with a lot of OGs who seem to be selling Bitcoin. 366 00:28:42,136 --> 00:28:44,835 and probably understandably so, 367 00:28:44,955 --> 00:28:47,095 because right now they need dollars to put in a pool. 368 00:28:47,216 --> 00:28:48,555 They need dollars to build a house. 369 00:28:48,695 --> 00:28:50,195 Like, you know, buy a Ferrari, whatever. 370 00:28:50,876 --> 00:28:53,116 I think it makes sense that they'd say, 371 00:28:53,176 --> 00:28:54,955 hey, I've got 10,000 Bitcoin. 372 00:28:55,195 --> 00:28:56,575 I simply don't need that. 373 00:28:56,656 --> 00:28:57,755 I'm going to cash some of it out. 374 00:28:58,136 --> 00:29:02,156 I think we're going to see that for at least a decade, 375 00:29:02,396 --> 00:29:03,775 you know, people cashing out. 376 00:29:03,775 --> 00:29:07,275 I think at some point, I think the big shift, 377 00:29:07,435 --> 00:29:08,275 like when people want to know, 378 00:29:08,435 --> 00:29:09,795 like when does it go parabolic 379 00:29:09,795 --> 00:29:12,116 in terms of my ability to use and purchase Bitcoin? 380 00:29:12,136 --> 00:29:19,755 is when it becomes completely evident to everyone that a day is coming where your only option to go 381 00:29:19,755 --> 00:29:25,376 buy your groceries, to purchase a new home, to purchase a new car is with Bitcoin. And then they 382 00:29:25,376 --> 00:29:30,876 realize this was never an investment. I was just accumulating the money that the future needed. 383 00:29:30,876 --> 00:29:36,775 And now we're here. Until that day comes, I think people are going to continue to view it as 384 00:29:36,775 --> 00:29:43,775 something like an investment many people obviously not us and uh it's i i just want to like shake 385 00:29:43,775 --> 00:29:49,535 people out of that you know that old mindset of accumulation for the sake of exchanging for dollars 386 00:29:49,535 --> 00:29:54,315 down the road but i think you know what i say i think we head towards the world where at some 387 00:29:54,315 --> 00:29:59,955 point individuals could be considered as superpowers you know it's no longer you know limited to nation 388 00:29:59,955 --> 00:30:05,255 states you know you've got sovereign individuals that are holding you know a significant amount of 389 00:30:05,255 --> 00:30:10,335 Bitcoin, you know, that makes you, you know, a superpower in and of yourself because of 390 00:30:10,335 --> 00:30:17,935 what you could do with all that purchasing power. And so at some point, you know, like somebody who's, 391 00:30:18,095 --> 00:30:23,236 let's say, buying Bitcoin today and has, I don't know, like two or three, even that is going to 392 00:30:23,236 --> 00:30:28,755 seem like, what on earth am I going to do with all of this? I have no use for it. And so you'll 393 00:30:28,755 --> 00:30:34,275 start seeing like sort of forced redistributions to build, you know, and enhance the world you want 394 00:30:34,275 --> 00:30:38,275 to live in. And I genuinely believe we're going to start seeing a lot of this as insane as it may 395 00:30:38,275 --> 00:30:43,355 sound now. At some point, you know, especially if you if you also don't forget that, you know, 396 00:30:43,355 --> 00:30:47,955 we are we have AI humanoids that are going to be part of our everyday existence, 397 00:30:48,136 --> 00:30:55,195 doing a million things for free. And so your use for money. I don't know, man, if it's going to be 398 00:30:55,195 --> 00:31:02,216 as, you know, as big as it is now. I don't think so. Yeah, I kind of dovetail with what you're 399 00:31:02,216 --> 00:31:08,476 saying, Tony, I was doing a Grok search maybe a month ago, and I asked Grok, considering the 400 00:31:08,476 --> 00:31:13,595 amount of Bitcoin that's available, and then also look at all of the new entrants into the space. 401 00:31:13,595 --> 00:31:19,535 So just take the big ones, BlackRock, Fidelity, Sailor, if the pace that they acquire Bitcoin 402 00:31:19,535 --> 00:31:26,455 continues, how long until the Bitcoin that's available is gone? And Grok was putting out 403 00:31:26,455 --> 00:31:33,116 hypothetical scenarios, which is like July, 2029, you know, July or September, 2030, 404 00:31:33,335 --> 00:31:38,716 all the Bitcoin will be purchased. And of course, as we get closer to less and less Bitcoin, 405 00:31:38,716 --> 00:31:44,335 the price would go up. So it gets harder and harder to purchase, you know, larger amounts of 406 00:31:44,335 --> 00:31:51,476 it. But even just doing an AI search, just using like the pace of acquisition, which, you know, 407 00:31:51,476 --> 00:31:58,195 for the ETFs, it's like 1.2 or 1.3 million over the last three years, two years. So we are going 408 00:31:58,195 --> 00:32:03,815 to hit a point where there's a wall where Bitcoin is so expensive that only the largest entities can 409 00:32:03,815 --> 00:32:08,935 purchase it. And to me, it's like, you know, you really want to start getting some before, 410 00:32:09,255 --> 00:32:14,295 before we approach that. I completely agree with that. And Greer, just so you know, man, 411 00:32:14,315 --> 00:32:19,455 it's going to be so easy for people to keep receipts on you. And in 2028, 2029 to check back 412 00:32:19,455 --> 00:32:20,916 and see was Greer right. 413 00:32:21,755 --> 00:32:22,976 Yeah, that's fine. 414 00:32:23,416 --> 00:32:26,095 I'll be able to afford facial surgery at that point, 415 00:32:26,236 --> 00:32:28,716 and then I can just become a nymph 416 00:32:28,716 --> 00:32:30,216 and disappear into the ether. 417 00:32:30,575 --> 00:32:31,416 A cyborg. 418 00:32:32,835 --> 00:32:35,616 Well, no, I'm not going to be cybernetic. 419 00:32:35,995 --> 00:32:39,095 No, I'll move out to the woods. 420 00:32:39,595 --> 00:32:42,236 My understanding is the big change is you can become a woman, 421 00:32:42,595 --> 00:32:45,075 so that's the trend these days. 422 00:32:45,075 --> 00:32:48,916 Well, I'm anti-following the crowd. 423 00:32:48,916 --> 00:32:50,335 So I will be doing that. 424 00:32:50,455 --> 00:32:51,376 Good for you, man. 425 00:32:51,636 --> 00:32:55,736 Guys, I think the one we got to wrap up here, I think the place to leave this off is everything 426 00:32:55,736 --> 00:32:57,835 we've discussed today, I think is interesting. 427 00:32:57,995 --> 00:32:59,935 Hopefully it's informative for people, for everyone listening. 428 00:33:00,535 --> 00:33:03,015 The key is you have to take self custody. 429 00:33:03,295 --> 00:33:05,476 Like, I don't think any of this stuff matters. 430 00:33:05,476 --> 00:33:09,896 Like the future purchasing power, if it is controlled by a third party, if they've got 431 00:33:09,896 --> 00:33:14,195 your keys, if they know who it is, when you move it, how much you have, all of that stuff. 432 00:33:14,255 --> 00:33:18,495 I think a lot of this, like what we talk about is what matters completely goes out the window. 433 00:33:18,495 --> 00:33:24,636 so take self-custody start stacking sats even if it's 21 cents an hour 40 hours a week for the next 434 00:33:24,636 --> 00:33:29,035 30 years like do what you can i don't think you're going to regret it not financial advice either 435 00:33:29,035 --> 00:33:34,255 though of course but tony great tweet man thank you for bringing that to my attention and i think 436 00:33:34,255 --> 00:33:39,396 this was a fun conversation my pleasure guys just remember bitcoin is savings and the investment 437 00:33:39,396 --> 00:33:44,835 that you're making is in your future yes that's well said all righty guys good chatting for 438 00:33:44,835 --> 00:33:47,976 everyone who tuned in thank you so much stick around for another minute learn about the bitcoin 439 00:33:47,976 --> 00:33:54,055 Way. And we'll catch up again soon, gents. Thanks. Cheers. Hey there. Thank you for tuning 440 00:33:54,055 --> 00:33:57,896 into Bitcoin Banter. Wanted to take a quick minute to remind you to head on over to the 441 00:33:57,896 --> 00:34:03,255 bitcoinway.com slash podcast to schedule a free 30 minute consultation with a member of our team. 442 00:34:03,616 --> 00:34:08,376 It is critical that you take full control of your wealth and we can equip you with the skills needed 443 00:34:08,376 --> 00:34:14,095 to take 100% self custody of your Bitcoin. For our existing clients, we also offer our Bitcoin 444 00:34:14,095 --> 00:34:18,896 bootcamp where we will conduct quarterly calls with you to reinforce the training we've provided 445 00:34:18,896 --> 00:34:24,175 and fill any gaps in your knowledge while you're at it ask about our solo mining service something 446 00:34:24,175 --> 00:34:28,976 we think everybody should be doing we also help with addressing your personal and online cyber 447 00:34:28,976 --> 00:34:34,976 security and we can even help you set up a privacy phone free of big tech and big brother surveillance 448 00:34:34,976 --> 00:34:39,936 don't underestimate the amount of tracking taking place in your browser and in the apps you use 449 00:34:39,936 --> 00:34:44,635 every day. And finally, whether you're ready to make a move to a freedom-loving paradise or want 450 00:34:44,635 --> 00:34:49,696 to back up in the event of a worst-case scenario, be sure to ask about our Plan B residency program. 451 00:34:50,115 --> 00:34:54,835 Being untethered from a single location is one of the best ways to ensure your self-sovereignty 452 00:34:54,835 --> 00:35:00,755 into the future. Again, you can schedule a free consultation at thebitcoinway.com slash podcast. 453 00:35:01,196 --> 00:35:05,595 If you are enjoying the show, please do me a favor, subscribe to our channel wherever you listen, 454 00:35:05,595 --> 00:35:10,095 give us a five-star review, and drop us a comment. We would really appreciate it, 455 00:35:10,135 --> 00:35:14,535 and it makes it easier for others to begin finding us as we preach the gospel of financial 456 00:35:14,535 --> 00:35:19,496 self-sovereignty and beyond. Thank you again for listening. Until next time, stay safe, 457 00:35:19,916 --> 00:35:23,515 stay sovereign, and remember, the yield on Bitcoin is freedom.