1 00:00:00,000 --> 00:00:14,000 I don't think the world is ready for $1 million Bitcoin. 2 00:00:14,000 --> 00:00:17,400 If there's a strategic Bitcoin reserve, we're going to see the price of Bitcoin go up and 3 00:00:17,400 --> 00:00:19,500 there could be a game theory phenomenon. 4 00:00:19,500 --> 00:00:24,400 The real irony and the laugh is going to be when MicroStrategy buys Microsoft. 5 00:00:24,400 --> 00:00:25,400 Oh my God. 6 00:00:25,400 --> 00:00:31,280 Bitcoin will most likely absorb the monetary premium that sits in real estate over time 7 00:00:31,280 --> 00:00:33,960 and real estate will collapse to its utility value. 8 00:00:33,960 --> 00:00:40,840 Bitcoin is truth because it is the best mirror that we've ever created as an investment class. 9 00:00:40,840 --> 00:00:44,800 The next big downturn will reveal Bitcoin's durability. 10 00:00:44,800 --> 00:00:49,200 Bitcoin's gravity is that the bigger it gets, the bigger it gets. 11 00:00:49,200 --> 00:00:51,680 It is what prevents it from happening again. 12 00:00:51,680 --> 00:00:53,400 We're Trojan horsing the state. 13 00:00:53,400 --> 00:00:55,120 We're Trojan horsing Wall Street. 14 00:00:55,120 --> 00:00:56,660 This is not going to be one financially. 15 00:00:56,660 --> 00:00:58,000 This is going to be one physically. 16 00:00:58,000 --> 00:01:00,320 Bitcoin is on discount right now. 17 00:01:00,320 --> 00:01:02,740 Buy as much Bitcoin as you can and hold on for it 18 00:01:02,740 --> 00:01:04,600 for as long as possible. 19 00:01:04,600 --> 00:01:06,440 If you're an institution, if you're a fiduciary, 20 00:01:06,440 --> 00:01:09,740 you're not digging into Bitcoin, you're not learning about it. 21 00:01:09,740 --> 00:01:26,375 You are violating your fiduciary duty at this point I don know how optimistic I would be about the world if it weren for Bitcoin You can send a million dollars from here to France in half of a second with zero fees This thing going to take over the world or it going to get shut down 22 00:01:26,555 --> 00:01:30,275 It's going to have a far bigger impact on society than the internet, 23 00:01:30,515 --> 00:01:31,795 far bigger impact than AI. 24 00:01:32,035 --> 00:01:33,795 Bitcoin is going to be the capital of the world. 25 00:01:34,115 --> 00:01:37,195 Bitcoin can become the new global reserve currency. 26 00:01:37,475 --> 00:01:43,015 We just need a catalyst sufficiently large enough to charge up the masses to make massive shift. 27 00:01:43,015 --> 00:01:46,015 I really do think it will be before Bitcoin and after Bitcoin. 28 00:01:46,015 --> 00:01:47,895 I think it's that big a revolution. 29 00:01:47,895 --> 00:01:55,755 If Bitcoin is just this treasury asset that makes rich people richer, then we have failed. 30 00:01:55,755 --> 00:01:59,695 What I found was a 50-year psyop by the federal government. 31 00:01:59,695 --> 00:02:01,395 Bitcoin is the new unit of account. 32 00:02:01,395 --> 00:02:06,455 I do have the Bitcoin Maxi mindset of everything that I put money in is effectively selling 33 00:02:06,455 --> 00:02:07,455 Bitcoin. 34 00:02:07,455 --> 00:02:11,335 You pick any date in the history of Bitcoin, add on four years, and it's worth more. 35 00:02:11,335 --> 00:02:14,415 I do not have a business if Bitcoin doesn't survive. 36 00:02:14,415 --> 00:02:16,135 If you want to take over the system, 37 00:02:16,135 --> 00:02:18,755 you have to slowly get into the system 38 00:02:18,755 --> 00:02:21,395 and start to permeate it in every single aspect. 39 00:02:21,395 --> 00:02:26,355 Just as money has been manipulated, so has the law. 40 00:02:26,355 --> 00:02:30,275 To think of inventing something, not cashing in on purpose, 41 00:02:30,275 --> 00:02:32,155 clearly there was no profit motive here. 42 00:02:32,155 --> 00:02:42,770 Your money in the bank first of all it not your money Second it not on the bank Third is not money Million dollars a coin by 2028 I mean this is going to happen It inevitable You 43 00:02:42,770 --> 00:02:48,550 going to die anyway, so you might as well live free. When you know that your savings will grow 44 00:02:48,550 --> 00:02:53,370 in purchasing power over time, everything looks better. Anyone who thinks holding was easy is just 45 00:02:53,370 --> 00:02:59,330 so delusional. Fiat inflation is probably 10, 12% a year, right? That's how much people are 46 00:02:59,330 --> 00:03:01,730 actually getting wrecked if they don't buy Bitcoin. 47 00:03:01,730 --> 00:03:07,190 Bitcoin will absolutely demonetize residential real estate as an asset class. 48 00:03:07,190 --> 00:03:10,250 Bitcoin isn't volatile. Humans are volatile. 49 00:03:10,250 --> 00:03:14,870 The problem I've got with Bitcoin is that it's so attractive of an asset that 50 00:03:14,870 --> 00:03:18,570 there's nothing you really want to use it as collateral for. 51 00:03:18,570 --> 00:03:24,050 Blind trust in developers is a huge risk because developers are fallible. 52 00:03:24,050 --> 00:03:26,170 Nobody cares what the unemployment rate is. 53 00:03:26,170 --> 00:03:29,610 if they can get a call back for a job they are highly qualified for. 54 00:03:29,610 --> 00:03:33,210 I own a house in Malibu. $40 million is a complete waste of money. 55 00:03:33,210 --> 00:03:36,090 It's still stupid. I'd rather have $40 million of Bitcoin. 56 00:03:36,090 --> 00:03:41,850 The United States government gets to issue $100 bills that cost them seven cents to produce. 57 00:03:41,850 --> 00:03:44,730 They're not going to let anyone mess with that business. 58 00:03:44,730 --> 00:03:49,450 Are we going to stand up like men and say we want to live free? 59 00:03:49,450 --> 00:04:02,185 Or are we going to argue amongst ourselves about the placements of commas versus semicolons I adopted this better money I cannot be taken advantage of Just keep verifying not trusting and level up your game 60 00:04:02,445 --> 00:04:04,865 We want our Bitcoin to continue to be worth something. 61 00:04:05,045 --> 00:04:08,925 This is the first thing that's ever been invented by mankind in 12,000 years 62 00:04:08,925 --> 00:04:10,745 that is valuable and can't be stolen. 63 00:04:10,925 --> 00:04:12,745 The Bitcoin network doesn't care if you're a billionaire 64 00:04:12,745 --> 00:04:14,925 or you have two Satoshis to your name. 65 00:04:15,165 --> 00:04:16,845 Bitcoin levels the playing field. 66 00:04:16,985 --> 00:04:20,245 Anyone who tells you they know what price it ought to be is out of their mind. 67 00:04:20,245 --> 00:04:24,625 The final price explosion of Bitcoin will be hyperinflation of all fiat. 68 00:04:24,965 --> 00:04:29,325 What a terrible tragedy it would be if your Bitcoin died with you. 69 00:04:29,525 --> 00:04:36,605 If even one more person decides to start saving in Bitcoin to change their life by learning about Bitcoin, my show will have been a success. 70 00:04:37,005 --> 00:04:41,685 Nothing is going to stop Bitcoin. As people go deeper into that, they're never going back. 71 00:04:41,685 --> 00:04:49,025 While I'm gone, I truly hope that the ethos of Bitcoin as freedom money doesn't go away. 72 00:04:49,025 --> 00:04:58,885 I hope that the ethos as Bitcoin is censorship resistant form of cash doesn't go away and people still fight for that vision.