If people understood this point of view, I think it'll save many folks a lot of anxiety and agony over Bitcoin.
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.
When you've been in Bitcoin for long enough, that's when it starts to click for you.
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.
When you hold Bitcoin, you own all fiat currencies.
Like you'll have a million of every single one of them, a billion of some other ones.
Like you'll be holding the kingpin of all money, right?
Hey everyone, welcome to another episode of Bitcoin Banter.
I have Greer and Tony with me.
Due to some travel conflicts, we're going to schedule this in advance.
So this is less news-based.
But Tony, you had a very interesting tweet that I think we should start with.
And we'll see where this conversation takes us.
You said, when you price the world in Bitcoin, the dollar stops looking like money.
It looks like melting ice in hell.
And you share this chart, an interesting one.
It's one Bitcoin equals one Bitcoin.
And then how many euros, dollars, British pound and so forth, you know, make up the value of a Bitcoin.
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?
Instead, you should be thinking in terms of purchasing power.
You should be thinking in terms of one Bitcoin equals one Bitcoin.
And what is that going to mean for your future?
Would you care to elaborate?
And then we can just kind of riff on this for a little bit.
Yeah, of course, man.
And I mean, if people understood, you know, this point of view, I think it'll save many
folks a lot of anxiety and agony over Bitcoin, because a lot of people come into this thinking
of it as a speculation, as a trade in order to buy, to sell for more dollars or euros
or whatever other local currency that they're holding.
And this is where a lot of people make mistakes, you know, end up losing funds and what have
you.
Bitcoin is not a trade.
It's not a stock.
It's not a speculation.
It's money.
In fact, it's the most powerful money humanity has ever seen.
When people earn a paycheck, like for example, if you earn a paycheck in US dollars, whenever
you cash it in, do you compare it to other currencies?
Like do you compare it against the Zimbabwean currency or any other currency?
Of course you don't.
So why would you do that with Bitcoin when in fact Bitcoin is money no different than
the US dollar or the euro or any other local currency with the main exception that it's
not government or central bank issued and it cannot be manipulated.
It's fixed in supply.
Nobody can corrupt it and what have you.
You cannot think of it as anything else, right?
And so if people focused on this and started to save in Bitcoin and understood that Bitcoin's
power is its appreciation in purchasing power and not how many X dollars or X euros more
it's going to give you, then everything changes.
take one bitcoin it is the most powerful currency look how many of these other shit coins you get
by holding one bitcoin why would you want to hold anything else people make fun of the zimbabwean
currency when they're holding dollars they're like ah look how much i have i'm how much i'm
worth in zimbabwe while bitcoiners are making fun of people holding dollars in the same way
right tony i guess maybe where i'd where i'd so i i obviously agree with the sentiment and i think
this is an important hurdle for people to overcome mentally that said because the dollar is the global
unit of account so to speak it's the i think for a lot of people and like i'd love to hear either
of you respond to this because i while i agree with you i sympathize with people who are like
hey, the only way I can understand what my purchasing power is in any, you know, practical
sense is by looking at what it's worth in dollars. I don't really think about it. I don't look at the
dollar price. I just don't care because I know over a long enough time horizon, my purchasing
power is going up. But in the meantime, if you've got people who are like trying to buy a particular
thing or whatever, they, they, they become infatuated with this number go up. What's it worth
in dollars. Like, how would you, how would you maybe address those people who are saying, Hey,
I've still got this like fiat denominated life life that I live. What do I, what do I do with
that? It takes time. I think that's the challenge here. Like to get to where Tony is, or maybe
Michael, where you are, it either takes time or scale. You need to have enough Bitcoin where
the dollar price doesn't matter. And I think if somebody's, let's say they bought Bitcoin last
year. They bought it at 107. They're hyper focused on the fact that it's, you know, 89,000 or in the
90s where whenever this episode comes out. And that's the challenge people are thinking about
today. They're thinking about, OK, I bought Bitcoin. I'm not free yet. But when you've been
in Bitcoin for long enough, that's when it starts to click for you. And to me, that is table stakes.
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 and how you feel about yourself. It's not an investment the
way that you'd invest in a stock or something like that. It is a tool that will set you free.
But unless you purchase 10 or 12 or 20 Bitcoin at once, let's say you're a sat stacker and you're
buying $100 or $500 every month, it's going to take time until you understand what Bitcoin has
done for you. To me, there's no way escaping that unless we go to a million dollars overnight or
10 million overnight. And I think that's the part where people are having the most problem.
It takes the thing. The thing is, you don't even have to go that high, man. You don't have to go
that nowhere near that high initially. If you if you if you're in a position to buy 10 or 12 now,
you would probably see an immediate change. But that's not necessarily, you know, what most people
need to do. Basically, from the way I see it is that most folks don't know that Bitcoin exists as
money. I think it's just as simple as that. They don't know that there's a new form of money out in
the universe available to them to use. And so they hear about it, you know, whenever they do, but they
only hear about it as a speculation as, oh yeah, guys, buy this so you can get more of that later
on. They don't hear about this as, you know, you don't need to use this, use this instead. And so
if you're saving, you don't like, I mean, you don't even need to start with big amounts, just
gradually, continuously add to your savings.
Because of its finite supply,
this money's purchasing power is so strong
that it's going to exponentially go up forever
because of that finite supply
as more people understand that this is a new form of money
that they can put their savings in.
Like instead of saving it in whatever local worthless paper
they're currently doing, they do it in that.
and give it enough time, you know, that's when you start seeing that,
okay, well, I started with, you know, X and now, holy shit,
this X is worth, you know, a lot more.
But if you want that immediate fix, then yes, of course, you know,
if you're in a position to go buy 10, 12, 15,
or whatever amount of Bitcoin that you have, then, you know,
you're going to see that.
But for most folks, that's just not going to happen
because most folks are living at the poverty line.
I mean, just based on recent stats in the US,
if you're making 140k a year, you're considered poor. And most people aren't anywhere near that
metric. So it's really about like getting people to change the way they look at this thing.
And, you know, start like adopting it the proper way.
Tony, I think maybe like a way you could explain this. Tell me if you think this is a useful
analogy. Imagine you could go back in time, you get in a time machine and you head back to
the time before gold was money before people used you know metal coins and some guys digging up a
bunch of gold and you're like hey that's going to be money someday like that's going to be valuable
people are going to use that to exchange value with one another and he's like okay well how much
is it worth it's like i i don't know nothing right now or just a little bit right now but like
eventually if you hold on to that someday you're going to be able to melt that create coins and
you're going to have incredible purchasing power.
And he's like, I don't know.
I think we're going to keep using these seashells or whatever it is that they're using at the
time.
Well, you tell someone else that he's like, oh, wow, this is interesting.
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
it's unclear to the rest of the world why that would be, but that's what's happening. And we're
seeing it play out in real time, but it's, it's subtle. It doesn't get the attention on mainstream
media that most people are watching. But if you could be that person who's hoarding the gold
early and beginning to use it slowly as people are willing to accept it, which, by the way,
increases its value more quickly.
Like, that's where we're at with Bitcoin.
Is that like, does that resonate or is that something that you think?
Yeah, I completely agree with you.
I mean, at some point, people are going to be having, you know, like dinner stories about
this.
Can you imagine if we had Bitcoin, you know, back, you know, five years ago or 10 years
ago?
I mean, these are the conversations that are going to happen because by then, you know,
that the mere thought of owning a Bitcoin is going to be so far away that it's unattainable.
But you need people to, you know, be informed about this. And of course, you need a little bit
of time and an open mind to sit down, listen, learn something you, first of all, understand
what money is and why the incentives of something that is no longer controllable by human beings
is so powerful. Yeah. And I think to your point about going back in time, Michael,
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.
You know, and I think the question we have to ask is, you know, why are all of these large institutions buying Bitcoin?
You know, why why does BlackRock want to hold so much?
Why is Saylor buying so much?
And I think that we know that the world is is going digital.
Every every payment is going to be digital.
It just is yet to be determined, like which stable coin is going to be the one that everybody
uses.
But I think that if you have a little Bitcoin, even a small amount, you've already front
run most people in the world.
I think there's the large majority of Bitcoin holders have like 0.01.
I think the largest cohort, it's like 14% of people who have Bitcoin only have about
$900 worth.
So I think we have to see where the future is going.
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.
right yeah and tony to the point you you raise here more broadly i was telling greer offline i
have a friend he's actually a client of the bitcoin way now uh i i literally paid for him to
acquire our services because he's one of the only people who has taken interest to the level of hey
i want to take self-custody i want to like start accumulating even if it's slowly but he's he's
very early on in his journey and he reached out to me yesterday and he's like hey man like what
are like the factors and the variables that affect the price of bitcoin and i was like first of all
man like you're you're still thinking about this wrong like it it doesn't it doesn't matter like
it's it's human psychology it's wall street manipulation it's supply and demand it's paper
bitcoin like there's so many factors it's geopolitical tensions and people not understanding
that it's digital gold and so much more but i was like at the end of the day like you need to stop
like you're not accumulating this in the hopes that it goes to a million dollars so you can cash
out. Like that's, that's not the point. The point is, so that way you have a million dollars worth
of purchasing power in something that can't be censored. You don't need permission to use
anytime day or night, no bank holidays that you can carry across borders, like all of these other
things that we talk about. Like that's you. Yes. We want it to go to a million dollars because that
means the purchasing power is increased, but it's not because of some, you know, round number in
fiat terms. It's like, I have such a hard time figuring out how to break people out of this mold.
And I think you're Greer. I mean, if I were to just throw up my hands a bit, I'd say you're
right. Like it takes time. It's, you know, I'm four years into my journey and it's so evident
to me and it's, but I can't just through osmosis impart what I've learned and how I've changed my
mind about so many things onto someone who's just picking this up for the first time.
It's because by default, people assume everything is a scam, right? And so when you come up with
something that literally sounds like magical and too good to be true, and somebody's listening to
you for the first time, of course, they're going to start automatically thinking, okay, so what's
the catch here? What's he not telling me? What am I going to do that's going to get me screwed
later on? I'm going to lose my money. That's what initially most folks are thinking. But I have a
theory about what's going on, you know, with regards to governments and institutions. And the
more I thought about this, like I'm almost 100% sure this is exactly what's going on. And it goes
something like this. They understand Bitcoin is unstoppable. They understand that Bitcoin was
created to remove their power completely. They know this now. Like, I mean, they've tried to
kill it over the last 17 years. It's not worked. So what they're trying to do in order to remain
relevant and in control is trying to accumulate as much of it as possible in order to build a world
where they dangle all these services to keep as many people as possible still dependent on them,
but using Bitcoin this time, right? Because their money is failing. It's going to zero.
they've printed it to you know to oblivion that's dead so what's the next you know uh the next best
thing what's the next upgrade to them remaining in power well this is where you know they try to
separate you know ignorant folks from their coins so that they can build these massive ecosystems
so i'm 100 sure you're going to start seeing these crazy incentives no taxes on bitcoin um low interest
rates on you know legacy products using bitcoin wrappers you're going to go see like a whole
bunch of Disneyland products based on Bitcoin. But as long as that Bitcoin is still within the
custody of these same players, because you have no sovereignty in, you know, in that world. And
this is what they're desperately trying to do, right? Yeah, I think it's game theory playing out,
but it only works. The game theory only works if you adopt Bitcoin. And to what you were saying,
Michael, I would say like to your normie friend, if you knew anybody growing up that had a trust
fund, right, they were able to live off of a portion of the dividend from the trust fund.
You know, you never touch the principle, you live on the interest. And I would say that a lot of
Bitcoiners have the same idea. It's like, get enough Bitcoin so that I can have a secure base.
And there's a there's a great chart guy, Smithson with who I've tried to get on our spaces.
And he put out charts that indicate if you can get four Bitcoin by 2030, you can deduct
$100,000 a year and never have to work again if that's what your expenses are.
You know, and by then, of course, expenses could be a lot higher.
Maybe you need more Bitcoin than that or less.
Who knows?
But that was just based on the power curve model for Bitcoin's price.
And so I think if we're going to adopt or if we're going to get more normies to adopt
it. It's almost like treat Bitcoin as your future trust fund. Get as much as you possibly can.
Bitcoin will go up over time. And then in a future world, you'll be able to deduct small amounts of
your Bitcoin holdings to fund your lifestyle. That way you're not taking out debt. You're not using
any other banking services. You're really just transacting in a fraction of Bitcoin. And the
purchasing power has grown to the point where you can do that. Yeah, I think that's an interesting
way of framing it. And honestly, and this is again, where I, I kind of throw my hands up. I'm
like, maybe we do need to show those sorts of models for people, you know, who are just getting
in. Like I, I'm so disinterested because at the end of the day, I'm just happy with more self
sovereignty. And, uh, I think, I think what you described Greer is a useful orange pilling tool.
My hope, and like what I'm always encouraging people to do is if you feel like you're,
you've gone down the Bitcoin rabbit hole,
you understand the macro case,
maybe you understand the moral case for Bitcoin.
That's awesome.
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
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.
and I see that all the time.
And so maybe it's just a matter of me
not being so damn impatient.
I also will just say real quickly,
I think if you look at,
let's just say Congress and their spending level,
there was a report this week that said
$55 trillion has been stolen from the American people
through taxes and through overspending, 55 trillion.
So if you are like an average American,
there's nothing you can say or do to stop that.
You are literally powerless. But if you move to a Bitcoin standard, it doesn't matter what the
government spends. They're not using your money. They can't tax your Bitcoin. You can hold it in
self-custody and it's yours. And that to me is it's one way to sort of return power to yourself
when you are no longer playing in a system where you have no control. Now you are set free from
even having to worry about it. And to me, that's the shift that I think makes the dramatic
improvement in someone's life. Instead of getting emotional on current events and this politician
did that and this immigrant group stole this many billions of dollars. It's like, just switch over
to Bitcoin and none of those problems influence you the way they had previously. Yeah. Tony,
you have any other comment on that? I want to actually show this video that you guys were
talking about offline. Yeah, go ahead and play that. That ties in really nice. I trust more
independent central banks with a democratic mandate than private issuers of Bitcoin,
which have a very useful role. Bitcoin is a decentralized protocol. There's actually no
issuer of it. So that's in the sense that central banks have independence. Bitcoin is even more
independent. There's no country or company or individual who controls it in the world. And so
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.
So interestingly enough, Brian Armstrong sounds like a Bitcoin maxi for a moment here at Davos.
I don't even know what to make it.
I mean, this is I tend to always I'm so skeptical.
I tend to always assume like these are conversations that are kind of preplanned and everything.
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.
You only have a monopoly on the issuance of your money that a lot of us are just saying no to.
Tony, I think you found this one interesting, too.
I mean, first of all, like to what extent do you take Brian seriously when he says stuff like this?
You know, or are you skeptical?
But what would you what would be your response to this?
No, look, think what you want of Brian Armstrong and Coinbase and the fact that it's a shitcoin casino.
But I think what he's saying here, he really means.
And what he's saying is spot on.
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.
And so they mock it.
They make fun of it.
You know, they belittle it thinking, you know, that people are just going to believe them.
His statement is you need private control over money.
You need thieves like him to ensure that the money is trustworthy, right?
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.
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.
But it's not going to work because Brian Armstrong, again, your opinions aside here, he's a big public figure.
So there are people that do listen to him.
And I generally believe in this moment he means what he says because I don't think he's a fan of central bankers.
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.
Right. So I think he definitely means it.
And he was trying to like deliver a point straight to this guy's face, hopefully to shut him up once and for all.
Greer, do you agree?
I was surprised to hear this come out of Brian's mouth.
It shows me that he does understand Bitcoin.
And then it's contrasted with the fact that you can buy Farpcoin and other shit coins on his platform.
To me, the focus should be on Bitcoin, especially for a company as large as Coinbase.
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.
It's I'm sorry, you're too late to the game.
Bitcoin is way too big and it's way too massive to make it go away.
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?
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.
And I think that what they're kind of waking up to is the fact that the competition isn't going away.
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.
But it shows that the banks are going to have to deal with this.
You know, they're not paying out interest to their to all their customers, but stable coins are.
So they see that the that the revolution of money is coming.
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.
So, you know, the writing is on the wall for the banking, the banking world at large.
You know, stable coins are your worst enemy and Bitcoin will destroy those as well.
yeah there's going to be a very narrow window though i think where you're going to be able to
exchange stable coins or your cbdc yeah for bitcoin exactly you're going to have to start
earning bitcoin fast because they're going to shut down those on ramps as quickly as they can i think
you can work at stake and shake they'll pay you 21 cents for every hour in bitcoin that you work so
if you need a place to to go um you know earn some bitcoin that's your that's that's a good bet
did you see adam sameka's math on that it was something like if you work 30 years uh earning
an extra 21 cents in Bitcoin per hour, 40 hour weeks. You could, you could start working at
Steak and Shake when you're like 16 and at age 46, you could retire with like $3 million worth
of Bitcoin. And that's only assuming like a 20% kegger for 30 years. So nevermind, we're probably
going to see, you know, 40, 50, 60% keggers for in these early years. But the thing is-
Yeah, of course, man, that scarcity we've never seen before. Like, holy shit, the amount of
purchasing power that thing represents is, you know, it's so surreal that nobody can comprehend
it. Yeah. And you can you don't even have to work in steak and shake. You know, they're paying you
21 cents an hour and you can have, you know, three million dollars after 30 years. But you could
double that. You could triple that. You could buy a dollar every hour and retire that much sooner.
And it doesn't matter where you work. You know, the lesson is just get Bitcoin as often as you can
with whatever money you have.
And you can't look at it as,
you know, is Bitcoin going to a million dollars tomorrow?
You have to plan out and say,
I'm in this thing for 10 years or more.
And I won't even think about what my life looks like
until after I've been in it for 10 years.
That's the orange pill math
that I think we need for people.
It's like, look, if you could work at Steak and Shake
and save 21 cents an hour for each hour that you work,
and in 30 years, you got $3 million worth of Bitcoin.
or like your problem, like many people listening to this are probably in a position where they
could save a dollar, a couple of dollars an hour for each hour that they work, you know,
lump some in when they get a, you know, a commission check or some sort of inheritance
cash flow, like whatever it is.
And you're only going to massively increase what that Bitcoin purchasing power is worth.
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
that you don't get paid $5,000 in dollars
and then compare, well, how many Zimbabwe in dollars
is this worth?
No one cares.
I think we're going to reach that point.
But again, I think-
Yeah, you want to be holding the ruler of money.
Right.
When you hold Bitcoin,
You know, you own all fiat currencies.
Like you'll have a million of every single one of them, a billion of some other ones.
Like you'll be holding the kingpin of all money, right?
That you know no force in this universe can remove from your power unless you give it up.
And they can't dilute it from you indirectly either.
It's fixed in supply from now to eternity.
So, man, it's like the incentives, they speak for themselves.
But we just need more people to be aware that this is money.
Forget investing in Bitcoin.
You're not investing in anything.
You're saving.
Yeah, I think we all follow Sani on X.
And, you know, he breaks down how much Bitcoin's available.
And I've said this before, but I think about it all the time.
There are only 3.3 million Bitcoin that are liquid.
You know, that could be purchased by the market,
whether that's institutions or sailor or retail.
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.
You know, there's, you know, 30 million people could only get 0.1.
You know, that's that's not a lot.
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.
I mean, it wouldn't take a lot for Bitcoin to be, you know, unavailable.
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.
The FOMO.
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.
and probably understandably so,
because right now they need dollars to put in a pool.
They need dollars to build a house.
Like, you know, buy a Ferrari, whatever.
I think it makes sense that they'd say,
hey, I've got 10,000 Bitcoin.
I simply don't need that.
I'm going to cash some of it out.
I think we're going to see that for at least a decade,
you know, people cashing out.
I think at some point, I think the big shift,
like when people want to know,
like when does it go parabolic
in terms of my ability to use and purchase Bitcoin?
is when it becomes completely evident to everyone that a day is coming where your only option to go
buy your groceries, to purchase a new home, to purchase a new car is with Bitcoin. And then they
realize this was never an investment. I was just accumulating the money that the future needed.
And now we're here. Until that day comes, I think people are going to continue to view it as
something like an investment many people obviously not us and uh it's i i just want to like shake
people out of that you know that old mindset of accumulation for the sake of exchanging for dollars
down the road but i think you know what i say i think we head towards the world where at some
point individuals could be considered as superpowers you know it's no longer you know limited to nation
states you know you've got sovereign individuals that are holding you know a significant amount of
Bitcoin, you know, that makes you, you know, a superpower in and of yourself because of
what you could do with all that purchasing power. And so at some point, you know, like somebody who's,
let's say, buying Bitcoin today and has, I don't know, like two or three, even that is going to
seem like, what on earth am I going to do with all of this? I have no use for it. And so you'll
start seeing like sort of forced redistributions to build, you know, and enhance the world you want
to live in. And I genuinely believe we're going to start seeing a lot of this as insane as it may
sound now. At some point, you know, especially if you if you also don't forget that, you know,
we are we have AI humanoids that are going to be part of our everyday existence,
doing a million things for free. And so your use for money. I don't know, man, if it's going to be
as, you know, as big as it is now. I don't think so. Yeah, I kind of dovetail with what you're
saying, Tony, I was doing a Grok search maybe a month ago, and I asked Grok, considering the
amount of Bitcoin that's available, and then also look at all of the new entrants into the space.
So just take the big ones, BlackRock, Fidelity, Sailor, if the pace that they acquire Bitcoin
continues, how long until the Bitcoin that's available is gone? And Grok was putting out
hypothetical scenarios, which is like July, 2029, you know, July or September, 2030,
all the Bitcoin will be purchased. And of course, as we get closer to less and less Bitcoin,
the price would go up. So it gets harder and harder to purchase, you know, larger amounts of
it. But even just doing an AI search, just using like the pace of acquisition, which, you know,
for the ETFs, it's like 1.2 or 1.3 million over the last three years, two years. So we are going
to hit a point where there's a wall where Bitcoin is so expensive that only the largest entities can
purchase it. And to me, it's like, you know, you really want to start getting some before,
before we approach that. I completely agree with that. And Greer, just so you know, man,
it's going to be so easy for people to keep receipts on you. And in 2028, 2029 to check back
and see was Greer right.
Yeah, that's fine.
I'll be able to afford facial surgery at that point,
and then I can just become a nymph
and disappear into the ether.
A cyborg.
Well, no, I'm not going to be cybernetic.
No, I'll move out to the woods.
My understanding is the big change is you can become a woman,
so that's the trend these days.
Well, I'm anti-following the crowd.
So I will be doing that.
Good for you, man.
Guys, I think the one we got to wrap up here, I think the place to leave this off is everything
we've discussed today, I think is interesting.
Hopefully it's informative for people, for everyone listening.
The key is you have to take self custody.
Like, I don't think any of this stuff matters.
Like the future purchasing power, if it is controlled by a third party, if they've got
your keys, if they know who it is, when you move it, how much you have, all of that stuff.
I think a lot of this, like what we talk about is what matters completely goes out the window.
so take self-custody start stacking sats even if it's 21 cents an hour 40 hours a week for the next
30 years like do what you can i don't think you're going to regret it not financial advice either
though of course but tony great tweet man thank you for bringing that to my attention and i think
this was a fun conversation my pleasure guys just remember bitcoin is savings and the investment
that you're making is in your future yes that's well said all righty guys good chatting for
everyone who tuned in thank you so much stick around for another minute learn about the bitcoin
Way. And we'll catch up again soon, gents. Thanks. Cheers. Hey there. Thank you for tuning
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