BTC Sessions - CHILLING New MASS Surveillance PLOT Incoming — Bitcoiners Prepare NOW
Episode Date: October 2, 2025A massive new surveillance plan is being quietly rolled out—and Bitcoiners need to prepare now. As governments tighten their grip on financial freedom, Bitcoin may be the last escape hatch. Here’s... what’s coming, why it matters, and what you must do before it’s too late.BOOK private one-on-one sessions with BITCOIN MENTOR! Learn self custody, hardware, multisig, lightning, privacy, running a node, and plenty more - all from a team of top notch educators that I've personally vetted.https://bitcoinmentor.io/—------------------------------FOLLOW BTC Sessions on X: x.com/BTCsessions—------------------------------SHOW SPONSORS:BITCOIN WELL BUY BITCOINhttps://qrco.de/bfiDC6COINKITE/COLDCARD (5% discount):https://store.coinkite.com/promo/BTCSessions AQUA WALLEThttps://qrco.de/bfiD8gNUNCHUK HONEYBADGER INHERITANCEhttps://qrco.de/bfiDARHODLHODL NO KYC P2P EXCHANGEhttps://hodlhodl.com/join/BTCSESSIONDEBIFI LOANShttps://qrco.de/bfiDCp#btc #bitcoin #crypto
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Imagine this, your most private chats, the secrets, the confessions.
The personal details you thought were yours alone, ripped open and torn apart by the government, copied, stored, and potentially exposed to total strangers.
This is not an episode of Black Mirror.
This is a real proposal currently being rolled out in the EU.
And when you combine it with the UK's incoming digital ID system, plus people actually being arrested and jailed over social media posts, we are witnessing the death of individual rights and freedoms.
Now, here's the kicker.
Most Bitcoiners are making some critical mistakes right now that will leave them vulnerable, not if, but when the state turns its eyes on them.
Today we'll break down this sweeping surveillance program, what it means for you as a Bitcoiner,
and exactly what you need to do to protect yourself before it's too late.
So friends, drop a like strap in.
It's going to be an interesting show, to say the least.
I'm Ben with the BTC sessions, and this is your weekly session.
All right.
I want to welcome to the stage.
My co-hosts with the most, Mr. Nathan Fitzsimmons of Bitcoin Mentor.
man.
Dude, there's no time for all this doom and gloom.
You see that we're right again.
We're like 4% away, less than 4% away from all-time highs.
That's true.
October in full effect.
Yeah, I mean, all the more reason to protect your net worth and make sure you escape the surveillance
state while you still can.
But yes, we're going to chat October in the second segment today.
We've got some interesting stuff in and around this crazy October so far.
and what September indicates for it before,
because something unique happened.
But let's chat this proposal that we have been seeing from the EU,
which is pretty crazy.
So this is the document here,
and maybe I'll sidle us beside it here.
This is the document in and around what is coming to fruition here,
or rather what they're going to be voting on pretty quick here.
So the vote is going to be held on October 14.
And while I can't really say, because I'll probably get flagged and potentially remote from YouTube again, regulation to prevent and combat child something, something.
You can read it on the screen.
Anyways, it's under the guise of protecting our children.
And so what is this?
So let's take a look.
There's an article here that explains pretty well, talks about how the next.
Netherlands is rejecting this quote-unquote chat control proposal, which threatens encryption.
So I'm going to read a little bit from this article here.
The Dutch government has formally rejected the latest version of the EU's controversial proposal
to combat online child abuse, known as the CSAM regulation.
In a letter to Parliament, Minister of Justice and Security, confirmed that the Netherlands
will not support the inclusion of a mandatory scanning measures that threaten secure private
digital communication.
So this announcement from the Dutch comes a couple weeks before the vote.
So it came just the other day.
And let's talk about what is involved in this.
Yeah.
So under the current proposal, the regulation would allow.
authorities to issue detection orders requiring service providers to scan private communications,
including those protected by end-to-end encryption for both known and previously unseen.
How did you navigate this?
Bad things.
Okay.
The letter outlines the key change in the proposal compared to earlier drafts, which is the
reintroduction of mandatory detection under certain conditions alongside expansion.
scope for issuing scanning orders on newly created material.
Despite some technical amendments introduced over the summer,
the Dutch government maintains that the new version still crosses critical, legal,
and ethical boundaries, placing it outside the country's agreed negotiation framework.
Now, the first proposal in 2022, it aims to establish a unified EU legal framework to
tackle the spread of exploitive content online.
it applies to hosting platforms, messaging services, app stores, mandating risk assessments, and mitigation measures,
while also enabling authorities to issue detection orders targeting specific services.
While the regulations' goals are widely supported, obviously nobody likes exploitation,
the technical means proposed, especially mandatory client-side scanning, client-side,
we'll talk about what that means beforehand after this,
but have triggered widespread concern among privacy advocates, civil society groups, legal scholars,
and cryptographic experts.
Now, there is a lot more to this, but I want to kind of talk on the technical side of things
based on what we know right now, Nathan.
From what you've seen, what would this entail them to be able to do?
What would this give them access to?
What does this mean as an end user of any sort of private community?
communication and how would they be able to technically get around this?
Because it says including encrypted end-to-end encrypted messengers.
It's got to go one way or the other.
So essentially they're going to be scanning things before sending from the user's standpoint
and then relaying that information.
So kind of like having a cop watching over your shoulder the entire time.
And it's not just text.
It's going through text images, basically everything.
I was reading that it hits like Discord and social media apps as well as end-to-end
encrypted communications, communication chats.
And so either they're scanning before sending and then reeling that information in some way,
or they have to have the service providers put in a back door for them to use,
which then leaves another vulnerability that I'm sure nobody else will ever find their way to
and take advantage of.
Yeah.
So, I mean, it's either they bork the app itself.
They command the person that creates the app or the developers to put in that backdoor,
so the application itself is compromised.
And I imagine, you know, this is, it's very telling that this is happening now right as Google announces that only certified developers or only approved developers will be able to add stuff to the app store, let alone side load.
If you want to add an application on your device, it's going to have to be from an approved developer if you're running an Android phone, which, you know, Apple has that on lock.
But Android was the escape hatch before.
and now that's going to be locked down too.
And I make no mistake about it, this will apply to that.
If they try to do a strangle hold on the apps themselves, then yeah, this will fall under that.
But the other aspect of it would be targeting the hardware, right?
Targeting like a hardware side while you've got to have this on your devices.
So, you know, Samsung, Google, Apple, like all of these devices, that's another way to go about it.
If you're selling this in the EU and, you know, let's be real, they won't stop at the EU.
Then that's another way to potentially target users.
And I mean, this scares the hell to me.
We're going to talk about potential solutions and ways to get around this momentarily.
But this is coming side by side with this new thing in the UK, the digital ID that is being rolled out right now.
So on a play clip here, this is actually Joe Rogan talking about.
digital ID and what it means.
And we'll listen to this and then we'll hear it from the horse's mouth himself.
Kier, Starmer.
Is that how you say his name?
Stommer?
I'm not sure.
He doesn't deserve the respect if you're trying to get it right.
So don't worry about it.
Okay, perfect.
Let's move on.
Let's take a listen to Joe chatting about the digital ID.
There's a lot of stupidity with our freedom, but that doesn't mean the government should be
fucking spying on you.
The thing is in other countries, they just are.
Like, in China, they just are.
They already have the social point system.
Social credit score.
Yeah, social credit score.
Oh, yeah. Yeah. So if you j-walk and they get a photo of your face, so they have biometrics, they get a photo of your face, they know it's you.
You think it's ding. Now you can't buy a plane ticket.
Yeah. Black mirror stuff. Yeah. Oh, it's just like that.
Well, they're passing that in the UK right now. In the UK, you need a digital ID. To combat, ready for it, illegal immigration.
But motherfucker, you let the illegal immigrants in on purpose.
Like, you guys knew what you were doing, and now you're using it as a justification for digital ID.
I just watched one this morning, actually, about it was a British judge.
A guy got sentenced.
I saw that, yeah.
For however many years for a-
20 months.
20 months for a social media post.
It's about immigration.
It's getting weird.
It's getting weird.
It's getting weird.
about immigration. It's wild. Yeah, it's wild. It's crazy. And, you know, it's the best way to control people, you know, and keep them at each other's throats. Like, bring in a bunch of people that the people that live there don't want there and let them duke it out and then start instituting tighter and tighter restrictions and control.
Now, let's take a look at what Kier-Starmor himself said about the digital ID program and how quickly it's going to be rolling out.
And that is why today I am announcing this government will make a new free of charge digital ID
mandatory for the right to work by the end of this parliament.
Let me spell that out.
You will not be able to work in the United Kingdom if you do not have digital ID.
It's as simple as that.
And that is why...
So it's coming quick.
It's pretty wild.
he mentioned also somebody being sentenced.
We're going to show something about that momentarily.
There's a video on it.
But this isn't the only draconian crap that's happening in the UK and around the world.
There's also a flight tracking program.
Actually, we found out about this by one of our team members that came across his purview.
But I just want to read, this is from the government,
the UK. And it's called the information gathering powers in the public authorities bill. And how will
it work? For example, DWP may compel information from airlines to gain further information about
someone's travel history as part of investigations into suspected abroad. So they're trying to say like,
oh, if you're doing any sort of like corporate fraud and claiming things you shouldn't be.
The bill will create a single approach to gathering information from all information holders unless that type of information is exempted and allow for requests and responses to be received digitally.
Now, the word exempted, we're going to come back to because we're going to talk about that in a second to as it pertains to a lot of this stuff.
The bill also allows for these powers to be extended to any payment, credit, or grant administered and investigated by the DWP where fraud is suspected.
DWP's fraud investigators must only compel information that is relevant to the investigation from third parties who might reasonably be expected to hold the information.
When a third party information holder does not have the information requested, they should explain this and that they cannot comply with the information notice in their response to compel this information.
DWP's fraud investigators must be authorized officers who, as in the case now, have been trained.
and accredited to investigate criminal matters,
it will create a single legal framework
to compel information from all information holders
when a request is sent to ensure consistency
in response amongst all information holders.
Now, what does this mean in terms of flight information,
flight logs, travel information,
panopticon of who's been going where in a single location?
They're saying it's to combat
fraud. But I think myself and Nathan and a lot of people that are watching the show are probably
piecing together that this is going to play into your personal carbon credit allowance.
Hey, you've flown and you've traveled how many miles this year.
You're not allowed to buy a plane ticket. And we're going to base that as it's linked to your
digital ID. You're going to buy a plane.
plane ticket, you have to present your digital ID. It's all a singular system. And even furthermore,
with the flight allowances and things like that, that'll be linked like in China as referenced
to social credit scores. Now, this is not just the UK. Stunningly, Switzerland voted yes,
marginally, but still, that's half, just over half the population, voted yes for a digital
ID as well, the EID. So there's 50% of the population forcing the other 50% into, again,
this hellish penopticon. And I do want to, I do want to show that clip of the guy being
sentence because the video is is pretty wild and pretty telling about where we're headed.
And then we'll discuss who might be exempt from all these rules, especially in the first
mention of the private communications being scanned.
And then we'll talk about some possible solutions.
Okay.
So let's take a look at this video.
First of all, already, I recognize that this is the norm.
in the UK, but these little wigs that they wear are interesting to me. Let's listen to this.
This is Black Mirror.
...to a post questioning why you wrote, because they're over here, given life of Riley, off the
tax us hardworking people earn when it could be put to better use. Come over here with no work visa,
no trade to their name and sit down and doce and then there's more people being put out
homeless each year they get top band priority on housing you went on to say that you
did not want your money going to immigrants who quote rape our kids and get priority
end quote although you said that you had no intention
of carrying out any act of violence, there can be no doubt that you were inciting others
to do so. Otherwise, why post the comment? You expressed remorse, but by that time it was too late.
For the offence of publishing written material, in order to stir up racial hatred,
there are sentencing guidelines which I must and will follow.
follow. The maximum sentence is seven years imprisonment. In my judgment, this comes close
to harm category one. However, for the purposes of this sentence, I will treat you as falling
into category two, since there was no direct encouragement towards activity which threatens or
endangers life. However, you fall towards
the top of category two.
For a category two a offense, the starting point is two years imprisonment with a range
between one and four years custody.
In mitigation, I take into account your plea of guilty for which you will receive full
credit of one third following your earlier admission.
So I'll stop it there, but the long and the short of it is, this guy basically gets two
years for the post that you had read to you. And it was a comment on a post for having distaste
for the immigration system and the policy around it, you know, that when he's talking about,
you know, the instances of, you know, sexual abuse.
those are definitely elevated across Europe.
So he's pointing out like, hey, like, listen, like maybe, you know,
we should be more stringent on, you know, making sure that if somebody's coming to the UK,
it's somebody that's a safe law-abiding citizen kind of thing.
Like, that's not going to harm others.
And, yeah, he's literally going to prison for that.
And the spooky thing about this video is something about this guy's demeanor as he's handing down the sentence is just so common matter of fact that like as he's talking about it and saying there can be no question that you were trying to incite people to be violent.
And based on what he read there, I definitely can absolutely question that.
And so, I mean, this scares the hell to me because how often do Bitcoiners jump on and say like, you know, burn down Fiat?
Like that alone, you know, imagine this guy reading a sentencing by saying, burn down Fiat.
Fiat and the Fiat system and end the traditional banking system you know F banks you know
Bitcoin only all that kind of stuff and this person saying you are you you are calling to an end
of our way of life you are calling for the destruction of of our system I mean like it's is it that
far out that this a similar thing could happen?
If especially with the trajectory that we're on when it comes to how bad the Fiat system is,
and it just seems to be imploding on itself and your average citizen is worse and worse off,
and people are going to get angry, they're going to start pointing fingers,
and they're going to probably point fingers to the people who have figured out how to escape that system
because they're doing okay.
And I would not be surprised to see videos like this of a similar looking person handing down
harsh sentences for simply saying, you know, fiat is garbage. Everybody exit the system. Everybody
come to Bitcoin. Now, Nathan, some people, of course, will be exempt from this type of scrutiny.
Of course. Some people won't have, you know, won't have this Panopticon chat control applied to them.
some people will not have their flights tracked.
I'm wondering if you could tell me who might be exempt from these types of things.
Well, you'll be completely surprised to find out it's Pisces.
People with these sign Pisces are the ones that are exempt.
Now, it's as obvious as could possibly be if your government, if you're military, if your police,
you were, of course, exempt from all of this.
No, no, no, that was just for the plebs.
It would never once apply to you, which just goes to show you that once,
again, if you're a criminal, the best place to hide is inside government.
That's exactly where you're welcome than amongst your peers.
So, of course, none of these rules apply to them.
It is just to us, which I got to say, but, like, we're on YouTube.
We've got to be good here.
We've got to be nice.
We've got to be polite in these things, too.
Watching that video, I have emotions that would be in line with wanting to perhaps encourage violence.
I think my emotional instinct is very much so in the calling for violence.
Like these people are monsters.
The fact that you could do that to your fellow man
and have no humanity
and think that you're in such a moral high ground
and superior position. Why?
Because you've got a stupid fucking wig on
and you're sitting in a higher chair.
Like the amount of rage that I have for these people,
the amount of, I'm not saying bloodlust,
but hypothetically bloodlust is just, it's over the top.
I mean, for you, I understand it's like different stages of grief.
You feel the sadness, you feel the worry.
I totally get that.
For me, I'm still very much in the pissed off camp.
And I can't believe that people like,
we're in Canada.
It's part of the Commonwealth.
We're not that far off.
One, UK's making Canada look great.
That's retarded.
I'm not sure how you're doing that, guys,
but you're going way too far off the rails
if Canada is looking like the safer place to be.
But I know I'm not alone.
That I'm sure there's a lot of people watching this right now,
that that actually pisses me off,
that you would take a person,
strip them with their family, their job, their resources,
everything that they have and lock them in a cage like an animal.
Why?
Because they have an opinion that you don't like.
Go fuck yourself.
Sorry for the language.
This one really fires me up.
Yeah, it's so bad.
It's so bad.
And again, like, what was the wording he said?
for the offense of publishing written content.
That should be the end of any sort of repercussion right there.
Publishing written content that's like, oh, okay, you wrote something.
I see.
Okay, all right, you can go home.
That's fine.
This whole setup is like a KGB wet dream.
Like, it's absolutely ridiculous.
They're going to go through your flights.
They're going to go through your cell phones.
They're going to go through your chats.
They're going to go through all your images.
And by the way, if you speak out against them in any sort of way,
the regime is going to crack down on you like the CCP.
I don't know how we got here this fast, but for the love of God.
And what was it?
Which country voted for like 51%?
That was Switzerland.
For the love of God, people.
Like, I don't know how we wake other people up to this.
I don't want to see it get.
It's already, it already feels like it's boiling.
How much worse does it have to get for anyone to go and be like,
maybe this whole government for the people, from the people sort of thing, isn't really
working out.
These people don't represent you.
These people hate you.
They hate you.
Yeah.
So, I mean, we need to talk about solutions.
We need to talk about the tools that are at our fingertips to begin to, you know,
have an air of privacy because you're going to need it and you're going to need to be
censorship resistant as well.
And so first, like, let's go down the route of just messaging and communicating.
One of the most widely and most accessible encrypted messaging apps right now, I would say, would be Signal.
It's probably the simplest for people to pick up.
It used to require a phone number now, I believe it doesn't at all, which is definitely a positive.
And it's end-to-end encrypted chat by default, which is great, as long as the other person is also using Signal.
So that's important.
And if I may, too, if I'm not mistaken, wasn't Signal where the Trump leaks came out and everybody got really pissed off because there was a guy in the group chat that wasn't supposed to be in the group chat?
Yeah.
That just lets you know that at least Trump's team thinks it's still pretty good and safe and there's no backdoor there.
So it's probably one of the better choices.
Yeah, just don't let reporters in the room.
Yeah, exactly, exactly.
Now, there are other solutions that maybe are lesser known amongst some of the people watching here.
So I did do a video on SimpleX chat.
And what this allows you to do is, yeah, you can just download it and use it and use their servers and everything's end-to-end encrypted and all of that.
But you can also self-host.
So you can have a device on your shelf, like a small computer, that will host your chat history and relay messages and do all of that and store it locally.
So it's not even on a server.
And it's still end-to-end encrypted.
So you have options there when it comes to this.
Furthermore, you've got Matrix.
Now, this is not something that I have used too much myself, except for I didn't even
realize you told me before the show that this is the backend for the chat for the Feddi
app for Fedimints.
Is that right?
That's right.
Yeah, Feddy app is using Matrix for communication to leave in the background.
It's also using Noster, I believe, for ID as well, too.
So it's combining like Noster, Matrix, and Bitcoin altogether.
Yeah, that's awesome.
Now, another kind of peer-to-peer privacy-centric chat app would be something like Keat.
And this also has like video calls, audio calls, all that kind of stuff, group chats.
So, yeah, no middlemen, no metadata, no surveillance, just direct encrypted chats with people you trust.
And Keat's pretty cool.
It's come a long way since it first came out.
I believe they also have a built-in Bitcoin wallet, if I'm not meant.
mistaken or they're working towards that.
It's been a little while because I use a variety of different tools,
but I always try and peek back in.
That's some of the stuff that I've seen.
If they get a built-in wall, it looks like we had another tutorial to have to the list.
Yes, 100%.
Yes.
Now, what about just general browsing security?
So using a VPN is an important thing that you might want to take a look at.
I quite like Mulvad.
They're pretty badass.
No usernames.
So you can sign up for an account.
You can pay with Bitcoin, like you can pay with Lightning.
And it just gives you a username.
And that's your login code for everywhere.
And then you just use that.
If you ever lose it, then you can just get a new account.
It's like five bucks a month.
Pretty cheap.
And yeah.
And then it basically encrypts your browsing data and hides everything.
it's pretty slick and if you need to be in a different jurisdiction when you're on the web,
you can do that with Mulvad, which is super convenient.
Now, we were talking about operating systems on phones.
You know, Apple's got a lock on it.
If they get squeezed, they'll do whatever.
Android, that was your exit.
Not so much anymore.
They're talking about locking it all down.
You can only download apps, you know, approved apps.
apps and they need IDs and like verification from every person that submits an app to the app store.
So you're thinking, okay, well, on Android, I can side load an application. I can download it from
the internet and install it myself. That is going to apply too. You won't be able to install
side loaded apps unless it's from a verified developer. And so what's going to, you know,
what happens when there's regulations in and around end-to-end encrypted apps, crap. Well, if they're
not allowed on the app store and they're not an approved developer, how do you get it on your
phone? And I would say the answer to that is to use a different operating system. So I did make a video
on how to install Graphene OS on a mobile device. It does, ironically, it does have to be a Google pixel,
but you can de-google the phone and install alternative operating system. So Graphene OS is one of these
and you can make it as private as you like,
and you can install whatever the hell you want on it.
So, you know, if you're curious, go check it out.
Side note, I do have a video on SimpleX and on Mulvad, so check them out.
And I did mention also self-hosting your data when it came to SimpleX,
but you can self-host a lot of different things.
I use Start9 as a home, not just a Bitcoin node, but a personal server.
And so you can host things like SimpleX chat.
You can also host your files.
and passwords and photos and all that kind of stuff on your own server and and not rely on somebody
else, which is great. I think we also need to talk a little bit about just in general for Bitcoin
because, you know, Bitcoiners are going to be in the crosshairs at some point. People are going to be
angry and they're going to be pointing fingers and we're leaning closer and closer into these
surveillance states. So what, you know, what are some do's and don'ts?
I'd say obviously don't be putting Bitcoin addresses in public forums that links those addresses
to you.
One of the lowest hanging fruit is obtaining your Bitcoin in a non-KYC or a private fashion.
So peer-to-peer, something like Hoddle-Hoddle.
If you're in Canada, Bitcoin Well does have a non-KYC option with their cash voucher system
as well, but obtaining it even like Robosats and Bisk, and there's a variety of other ways,
or at the local meetup with cash. That's great. If you can obtain Bitcoin privately,
that's, you're already leaps and bounds ahead. But once you do have Bitcoin, it's worth
looking into using stuff like coin join. I do have a video, obviously, on Haudle,
I showed before, but on Wasabi wallet as well. And yes, Samurai wallet was shut down, but we've
seen a fork of that with something called Ashigaru, and you can self-host it again on your
Start 9 if you saw fit.
So there's a variety of tools that can help you with privacy, even using something like
Aqua and pegging into the liquid network and utilizing that, sending via lightning,
all that kind of stuff, it gives you better privacy than just straight on-chain Bitcoin.
So there's a variety of things that you can do and use that will.
you know, greatly improve the privacy that you have online.
And it's not just Bitcoin, but it's just general communications as well.
Nathan, I'm curious if you have anything else that you'd like to tag in there,
anything that I missed.
Yeah, maybe get a 3D printer.
I feel like that might be useful at some point.
I heard there's cool files you can download to print a lot of things.
There are. There are.
I think the only thing I'd want to add, is again, don't feel like you have to do everything all at once here too, right?
Like I know, especially there's a lot of newcomers coming to the channel.
If this feels like drinking from a fire hose that you're being kind of
overwhelmed with information. I totally get it. We want to lay everything out and let you know the
options. Just pick one and learn it. Maybe do one per month, right? Just keep knocking them off the list.
The more privacy tools, whether it's chat, whether it's using liquid and lightning, whether it's
using coin join. The more you have, getting that VPN set up, the more you have, the better protection
you have and the more prepared you'll be for what might come, right? Fingers crossed, things don't get
worse, but it's not where my bet is. And to your point, I mean, I fully 100% believe that Bitcoin
is going well above a million dollars. The flip side of that coin is that if Bitcoin is going to
going to do what we think it's going to do, there's going to be a lot of resentment and blame
towards us for what it did. They're going to think that it's the reason that the Fiat system
is collapsing, not because it was poisoned and doomed to begin with. Yeah. Yeah, exactly.
I think it's best that people at least are familiar with the tools, know how to use them now
because you don't want to be scrambling when you really, really need them. You're going to want
to be familiar. What you could do, even you don't want to use them just yet. You could download
them now and just have them ready and not even use them. And you could go to even just download
the tutorial video for that too. And then you've got those on hand. If something happened,
you've got the tutorial video, you've got the file. You're good. Yeah, 100%. So yeah, I mean,
we say it again and again here on the channel. Learn the tools. It is super important.
We do have a page here. It's Bitcoin or Zero to Hero. It'll cover a bunch of different things
just in your Bitcoin journey. I know we have a lot of new people that come here regularly.
If you don't know Bitcoin self-custy, some of the tools that are available to you,
please do check it out, scan the QR code on the screen here,
or go to BTCSessions.ca slash learn,
and you'll find a lot of good starter material
all the way up to some advanced stuff too,
and then just keep diving down the rabbit hole.
Search for some of the videos we mentioned here today too.
And you can level up gradually over time,
but start.
It's very, very important.
And with that, on the other side,
I know we did all doom and gloom to start here,
but it's important that people know what's up.
But it's October, my friend.
And it's been a good one so far.
We're only two days in.
And my demeanor is up.
I feel nice and cheery.
And we've seen some positive price action.
We're going to chat a little bit.
We're going to go DGEN and we're going to chat price action.
I think we're entitled.
We've had a lot of sideways boringness over the summer.
And it's nice to see some fall October action.
And there was something very unique that happened just in September.
That hasn't happened historically a lot in Bitcoin.
And there's an indicator of, it is an indicator of where we may go for the remainder of the year.
So we'll chat about that and a whole bunch of other things.
There's also somebody that has got to be just cringing because his company, despite him hating
his company is calling for much higher Bitcoin prices.
So we're going to chat about all of that on the other.
side of the hop here. We're going to take a quick break, but thank you guys for being here.
Make sure you drop a like on the video if you're enjoying the conversation. We'll be back in just
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All right, we are back in.
Now, before we get into our October excitement and what's been going on,
I did want to say everybody that's here, I wanted to let you guys know.
Only 60% of you guys are actually subscribed to this channel.
So if you have not done that already, please do.
It helps a ton.
Next week, Nathan is dropping a hell of a breakdown.
Who are you having?
Oh, you're muted.
I got Rich D.S. from the Lune Hour coming and giving us a great macro breakdown,
really piecing apart U.S. versus Canada.
Why are we seeing this tale of two economies?
Nice.
That's going to be a good one.
He's awesome.
He's a great speaker.
He's got a lot of really good stuff to say.
I've got an awesome new tutorial on the updated, we'll call it, self-custody version of Wallet of Satoshi.
And there's some nuance there.
So you got to pay attention to stick around at the end of that one because there's a lot in it.
Also, why are we bullish?
Now, I'm going to be on the road, but I'm going to have a special interview with somebody that I'm sure people will be excited about.
Lynn Alden is going to be coming on the show.
So she's going to be dropping in and saying a hello.
And Nathan, if I'm not mistaken, you and Gary are going to be hitting the news next week.
Is that right?
I believe so.
It's in the calendar.
We'll make sure to get it.
Awesome.
Awesome. Well, I'm excited. It's a good time. And everybody, again, if you haven't subscribed already, please do. But let's chat October. Let's do it. Take a peek at what's going on. I mean, we're above 120k per coin, which feels pretty nice, especially like when a week ago we were at like 109. And I was, you know, some people were feeling a little gloomy about that. It didn't feel so nice. So it's nice to see things kind of flip back.
October wasted no time, day one, up, day two, up quite a bit.
And so, you know, in the past week, we're up about 10%.
We're up about 10K.
Feels good.
10K a week.
That's fine.
That's okay.
A little slow for my liking, but I can live with 10K in a week.
That's okay.
Yeah, not bad at all.
Now, even, you know, October is a full-on meme now.
We even have CNBC posting and talking about Bitcoin could see strong gains as
October begins, which is hilarious to see CNBC using the term October. I don't know. We're living in a
simulation here. But, you know, I think what we need to do first before we get into October,
we need to pour one out for our fallen brethren. Well, maybe not brethren, but the fallen ones,
the ones who doubted.
And so this, we're just going to do a little throwback to Daniel Sloss,
calling Bitcoin Beanie Baby for Tech Bros when it was 6.5K.
Let's take a listen.
Double that quickly.
Is the value of Bitcoin?
Just kidding.
That was a garbage investment and you're an idiot.
Bitcoin is just beanie babies for tech bros.
Look, man, every person I went to high school with was like, yo, Bitcoin,
is going to change your life.
BTC, get on it right now.
And I'm like, Tommy Wilson, you work at Office Max.
What the fuck are you talking about?
Hey, internet comments, it's trading at 6.5K.
Go fuck yourself.
Look.
It's trading at 120K.
It's trading at 120K.
Go fuck yourself.
I don't think Tommy Wilson is working at Office Max anymore, by the way, either.
He's probably fucking your wife.
Sorry, bad language.
Tommy Wilson is on a yacht somewhere right now.
It's, oh, man.
Always nice to take a victory lap.
Yeah, yeah, it's always good.
You know.
Oh, Daniel.
Too bad for you.
Anyways, speaking of people that might be a little bit salty right now,
Jamie Diamond, we know that he hates Bitcoin,
but despite his deep hatred of Bitcoin,
and at one point saying that he would fire anybody in his office that owned it,
JP Morgan, who he's CEO of,
now predicts $165,000 Bitcoin,
price by year end.
The analysts over at JPMorgan see Bitcoin has $46,000 undervalued compared to gold.
And again, they're talking about the ETF inflows and all that.
It reflects Bitcoin's increased appeal amid gold's recent rally.
So kind of harkening to the thing that we've seen historically where gold will go for a rip
and then Bitcoin will follow faster and harder afterwards.
And we might be seeing the first inklings of that now.
Now, this is Joe Consorti, friend of the show, awesome dude, says J.P. Morgan, says Bitcoin
undervalued relative to gold, implying a 42% rise in Bitcoin for a fair value of 165K.
And this shows kind of the gold versus Bitcoin charts.
And again, this is gold with a 100-day lead and just kind of adjusting for that and overlaying the charts.
And this is typically what happens.
more volatility in Bitcoin, but the upswing's following similarly.
Now, Joe had a nice little breakdown the other day on kind of what's going on
regards to the government shutdown and all of that.
I did just want to play a little clip of it.
It is a few minutes long.
I'm not going to play the whole thing, but Joe's an absolute legend.
So let's just take a listen to a little bit of what he had to say.
Welcome to October.
So September is historically Bitcoin's worst month since 20,
2013, it is average negative returns. Yet this September, Bitcoin defied history, rising 6.25%,
just like it did last year. And as if to set the tone, October, which is the start of Q4,
typically Bitcoin's strongest quarter, October being the second best month historically for
Bitcoin, has wasted no time at all. On day one, to this point, Bitcoin has risen about 3%.
Ironically, this is on the same day that the U.S. government shut down after failing to agree on a
spending package. Now, the broader macro backdrop feels very familiar. One year ago, Bitcoin was
coiled in a long period of consolidation, and just as central banks around the world shifted
toward easier monetary policy, Bitcoin began climbing. It's the exact same pattern that we see
today. So the Federal Reserve has officially begun its rate cutting cycle. We all know this. Two weeks ago,
the Fed cut by 25 basis points, and markets are pricing in 100 basis points of total cuts between now
and next year. That conviction only strengthened after today's jobs data. ADP employment showed a
32,000 job loss for September compared to expectations of a 51,000 job gained.
Even worse, August numbers were revised down from a 54,000 job gain to negative 3,000 jobs.
A weakening labor market is reinforcing the Fed's decision to cut rates, sending yields lower
and pushing investors back out on the risk curve.
Gold has already broken out as well.
It broke out earlier in the summer and now it looks like it's Bitcoin's turn.
So just now I do want to now show you.
a little bit of a little bit of history in regards to what happened uniquely in September.
That doesn't happen very often.
September, again, Joe said historically Bitcoin's worst month.
It's not very often that Bitcoin ends on an upturn within September, but we're up
six point.
I can't remember what he said, six point something percent.
But nonetheless, when Bitcoin has had a good September,
that typically means that the rest of the year has looked really, really good.
And so you can see that 2015, these 2015, 16, 23, and 24 were all years where we had a green September.
And what that meant was, on average, looking at the different years, over the course of the whole quarter, October, November, December, 2015, with a green September, gave us a
66% rise.
2016 gave us a 50%.
2023 gave us a 49%, 49.5.
And 2024 gave us a 45%.
If you average them out, it's somewhere in the 50% range, you know, just over 50, 50-something
percent, which would put us in the range of $170,000 for the end of the year if history
were to repeat itself.
So that's, you know, that's a.
pretty interesting and furthermore there's uh i love the rational route he has always got this
super interesting charts i like his uh bitcoin spiral but he basically has shown where bitcoin has
performed the best and it's typically in in quarter four of of the end of a four-year cycle and um
and so right now we're just getting into quarter four of typically what would be the best performance
historically of Bitcoin.
And I mean, it's time to strap in.
We'll see what happens.
So my question to you, Nathan, is, do you think we're going to see a repeat of kind of
what we've seen historically?
Like, are we going to have some nice rips for the next few months here?
And does the cycle theory hold up?
Because there's a lot of things that have been very different.
this cycle pre-having all-time high never happened before even the bear market before that broke below
the previous all-time high um it's been a pretty steady just like grind up there's not been a lot of
large pullbacks not anywhere near a regular cycle oh yeah um so feels very different what what do you
think you're right we had the pre-having new all-time high we had the pre-having new all-time high we
had the below previous all time high during the bear market. The ETFs, love them or hate them,
that's a change, that's a new player in the space. That is a big buyer and much slower to move.
I am definitely coming around to, I still think cycles will be there, perhaps are muted more of it.
Maybe we do have that kind of post, remember the post gold ETF. It's basically just up into the
right on kind of a slow grind for a while. We might be in that sort of phase. I mean,
my conversation with VJ Boy Party, he thinks five years, like we might be just up into the right,
slow star stepping up for the next five years. And I do see the argument. And to the point of
I do think cycles, just because of the human psychology will at least somewhat still come into play,
we haven't had these repeated 30% drawdowns, right, which I'm almost looking for that volatility.
And it hasn't occurred yet. I'm still not seeing a lot of retail interest, even just looking
at, you know, Google search information trends as well as just general conversations.
I don't think retail can move the price. However, I think they're a good indication of the sentiment at the
moment. And big players will probably be playing those swings in that moment.
as well. So even though retail might actually not be the one pushing it, they can give you an
idea of kind of where we are and which way the momentum is going. But if I were to take a,
what I say, do I think that we're going to have a wonderful and exciting fall, maybe spring as well
too? I absolutely do. And the reason being is try to give me the flip side. Give me the bearish case.
What now is going to cause the Bitcoin price to take? Give me, give me the theory of how the Bitcoin
price tanks. And I can't find one outside of a major black swan, a monetary credit event, a major war
outbreaking and kind of just in everything correlation to one crashing, I don't see a bearish
case for Bitcoin. I was also just having a wonderful conversation with a billionaire who is
looking to make more plays similar to Sailor and get into this space as well too.
There are large institutions that are setting up shop. It takes time. They're coming here.
They're going to be building out. They're going to be offering more products and services.
We have other big money players entering the space. I don't see, I can see boring. I can see
boring up into the right. But someone, please, I can't make the bearish case for you.
Yeah, yeah. And I see a couple things in the chat. And we talk about presuppositions and
assumptions being broken, right? And a couple of those, you know, one was the having is the cause
and the driving factor for price action. The other is the idea of diminishing returns.
For me, if those two things were to break this cycle, that would be massive. And even moderately,
right like if this cycle the upside was just like a few percent higher than last cycle that would be
super interesting to me the the four-year cycle if that were to extend out and elongate that
would be wild like if we saw if we saw our all-time high happen later in 2026 that would be
very very interesting to me and i think again somebody said
that global M2
growth now matters more than the block reward.
I would say yes.
I would say that the block reward matters less and less.
And I think M2 growth matters more than block reward for two reasons.
One, because just nominally the dollars are going to buy less,
so Bitcoin is going to be worth more dollars.
So that's a major factor.
But also as M2 grows and people get how bad fiat is,
More and more people get it, including the people who are tasked with their number one job is preserving purchasing power and protecting capital.
And we've seen a lot of those people coming into Bitcoin as of late.
And what do you think is going to happen as M2 grows even more?
And people have even more to point to in terms of why Bitcoin.
Well, more and more people are going to get it.
And I think that is the driving factor.
I think how many people whose job it is to protect.
capital, including the average person, including people with families that just want to save for
retirement, how many of those people are beginning to understand? Because the halving doesn't mean nearly
as much anymore. 95% of all Bitcoin have been mined. Our inflation rate or the creation of new coins
coming in is negligible. And cutting that in half is not as nearly as much as a driving factor
for price. But what is is people understanding how important and
scarce Bitcoin is and buying it and holding onto it and using it.
So I think that makes it more unpredictable, but I think that throws diminishing returns
out the window too.
Because there's a whole lot of the world left to allocate in any meaningful way to Bitcoin.
And once they figure out that they not only want to but need to, it's like 90-something percent
of the world. Like when they say, oh, there's this many people that own Bitcoin, yeah, but how much?
Like, yeah, there's certain people that own a lot. But the average person, like, they'll,
they'll count somebody who bought like five bucks a Bitcoin in a Coinbase account and got it
for free because they signed up, right? That doesn't count to me. What counts to me is somebody
who's like, fiat is trash. I need my savings in Bitcoin. It is my savings vehicle. Or,
or it's my currency or it's my treasury, those are the people that matter.
And those people are growing in numbers.
Agreed.
I'm going to throw it out there just because I won't put it there.
I'm going to call it now.
I'm going to say 219 by end of year, big 219.
And the reason being is I don't want Max Kaiser to be right and finally hit that 220 number
because I feel like you would be absolutely insufferable.
So that would be the most interesting thing to me is 219 and then maybe we take a break.
219.
That's great.
Well, I wouldn't be upset by 219 if I would not be sad.
Awesome.
Well, we're going to do one more little breather here.
On the other side of it, on the other side of the break, there is a really, really cool update to the cold card.
So any of you that have been sticking around the channel have watched a bunch of my stuff
and are really curious and interested in the tools, including making your Bitcoin super self-sovereign
and protecting it really well.
This latest update is awesome.
I can't wait to play with it.
I played with an iteration of it,
but this updated one is super slick.
So we'll be back in just a minute.
If you're enjoying the show,
drop a like on the video.
And if you have not already,
make sure you subscribe.
We'll see you guys in just a second.
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All right, we are back in.
Let's chat cold card.
Again, God, I love the cold card.
There's so many cool things.
It's so fancy.
It's so beautiful.
I like your red one.
I get out of focus there. There we go. There we go. Looks nice, man. I need to collect some more colors. Order incoming. Rodolfo. It's coming.
Yeah, I'm going to pull up the screen here. But latest firmware for Cold Card, they have something called the basically spending policies. And what this allows you to do is set conditions on when you are allowed to spend your Bitcoin.
within the cold card.
So maybe you want to limit how large of a transaction you can do.
Maybe you want to limit how frequently you can do a transaction.
Or maybe you want a white list of addresses and you can only send to those.
And you would set the conditions and your cold card would not allow you to spend outside of those.
Now, I did do a video on a similar setup to this and it was kind of like a multi-sig.
type setup thing where there was a key in there's a secondary key derived within the cold card it
was pretty funky anyways worth checking out um but uh they've even allowed for two factor authentication so
you can actually pair your cold card to something like google authenticator or offy or whatever two
f a you want and then you can actually approve it so you would not only require your cold card
in the pin, but your phone and the two-factor authenticator and just type it in and then off you go,
you scan the QR code as it shows on the screen there, and that gives you the credentials to be
able to approve and sign a transaction.
So it's just like the levels and layers of security that you can have on your cold card.
I've not seen anything close to this degree of functionality out of anything.
Like, it's, there's so much.
I mean, Nathan, what do you think about this feature?
Well, well, actually, my first thought there is, I wonder if those are D's hands.
I bet you those are D's hands.
Probably.
The second thing that I was wondering is, are thinking about as also, like, I have a list of
requirements for hardware devices that I'm comfortable recommending.
And one of them necessary requirements is Bitcoin only.
And not only from like a security standpoint, it's a smaller footprint in terms of software,
but think about their, Cold Carters are only focused on Bitcoin.
That's all they're focused on.
And the amount of new tools and features that I've got on the device, without having to
a new one. It's just firmware updates. It's been absolutely phenomenal. So I just have a huge
appreciation that I'm getting so much more out of a device that I already liked because they
keep adding cool shit to it on the software side. Yeah. Yeah, absolutely. Again, if you do have
a cold card and you haven't dove into some of the advanced features, go back and check it out.
I've got a full playlist just on cold card and all of the advanced stuff. I just keep on making
videos. It's probably it's like it's the device I can keep on making videos on forever because I can
never get everything covered. There's just so much versatility from it. I'll tell you one of my
favorites too. For anyone who's got their cold card and it hasn't been trying everything out there.
Even just the fact you can hit that scan any QR code button and scan a receive address and verify
it's one of yours before actually receiving Bitcoin, super helpful. It takes 30 seconds. It's just
absolutely wonderful. Just want to slip that in. 100%. My favorite comment down below is the Bernie
Sanders, I am once again asking you to open the advanced menu.
Most awesome features on the cold card are under the advance menu.
And Christoph, Atlas, excellent.
And that earns you a follow, my friend.
That's a great meme.
Awesome, awesome.
A couple other things that came across my purview.
Jack Dorsey tweeting out, he's a fan of LN.
VPN. And what this is is a website. You can get VPNs and ESIMs for Bitcoin. You don't need any
account, any app, no KYC, instant, anonymous VPN and ESIM services. You can pay it with lightning,
of course, you can get ESIMs for 99 cents, VPNs for 250 a month, all of that. Although I will
say in the comments down below, somebody said Mulvad has been more reliable from my experience. And Jack said,
I meant for ESIM.
I use Mulvad for VPN.
So it seems a lot of Bitcoiners are fans of Mulvad.
But for ESIMs, LNVPN, not a bad website to check out.
Moving on here, I did want to do a little congratulations to our friends over at Bitcoin.
Well, they just bought a whole bunch of Bitcoin and put it in their treasury.
Difference being that they also have a functioning business that earns money.
You can do that?
I don't know that you could do that.
You can do that.
You can be good at something.
earn money, spend less than you earn, and save in money nobody can print. And I think that's a pretty
good, pretty good tactics. So anyways, hats off to Bitcoin well on stacking those sets in your
treasury. Nathan, this is, I think this is becoming your favorite segment. This is a segment called
Canada Sucks. Do you want to let us know what's going on here? I'm going to play a clip in a sec.
Yeah, absolutely. So going back to the returning segment of why Canada is just absolutely terrible,
we need a jingle for that one. We have a lot to talk about the giga
through here pretty quickly. But in this one right here, in our hometown of Calgary, Alberta,
things have gotten so bad with regulations for the energy companies that they're leaving. So the
biggest employers that we have here in Alberta, the nice people that pay those high taxes downtown,
are shutting down shop and going elsewhere. Laying off 20% of their workforce. Let's take a listen.
This week, Imperial Oil announced it will lay off 20% of its workforce and relocate its headquarters
out of Calgary. The Stampede City gets the shaft again. This Prime Minister has the power to eliminate
C-48, C-69, the emissions cap, and the industrial carbon tax, but he doesn't care about the average
Canadian. He doesn't have to tell his family. He doesn't know how they will pay the mortgage
or put groceries on the table. To add insult to injury, it is rumored that Imperial's
headquarters is being sold off to none other than Brooklyn.
field. So not only did this prime minister cause this demise, he could be profiting from it.
The truth comes out. This prime minister doesn't give a rip about Calgary, doesn't give a rip about
Alberta or for that matter, Canada. The bad news for him is that I and my conservative colleagues
still do. And we will not retreat until the promise of Canada is restored.
You know what fixes that? Uh, leaving Canada? We should leave.
Canada.
That would have been my first choice.
You don't fix a bad relationship.
You leave.
Yeah.
Sorry, abusive.
Sometimes we have hard times.
Abusive relationship.
Get the hell out.
Yeah.
In other fun news around Canada.
Oh, my God.
This is...
Parliamentary Budget Officer.
He's the one in charge of looking over the budget and making sure everything's good.
Guess what?
It's not.
This video is bad.
He is, like, he sounds flustered.
Let's take a listen to how he thinks the budget in Canada is going.
So my questions are these.
Is this sustainable?
At what point does it hit a critical point?
And should Canadians be concerned?
I jump in.
Still working out the kicks.
With respect, with it, thank you for your question.
To answer, I think the most important part of the question first,
I think everybody should be concerned.
concerned. It's a real, my jokes aside, it's a really serious day, right? This is the first time
in 30 years that we've tabled an economic and fiscal outlook where the fiscal anchor of the general
and probably most important fiscal anchor for any government is a declining or at least stable
at the GDP ratio. And this is the first time in 30 years that I've seen one in which that ratio
is going up over time. So that's definitely a cause for concern. Certainly on our end, we're
hoping and certainly expecting the government as part of budget 2025 to clearly indicate what the government plans to do
to address this and potentially address this problem because it's certainly not sustainable.
Yeah.
Budget 2025 too, Ben.
Where are we in 2025?
It would seem that we only have a quarter left.
Yeah.
Very, very confused at to why we're just, you know, waiting on the budget for the year that is three quarters done.
But here we are.
Such as life.
Now, you know, we like to rip on Canada because we're here.
But, you know, there's problems of the border too all over the planet.
Larry Lippard, friend of the show, upcoming Bitcoin Boomers episodes,
keep your eyes peeled and why to subscribe as well.
He says, the kids are not all right, sad, and he shared a tweet showing the share of young adults
living with apparent hits levels not seen since the Great Depression.
And yeah, this shows that since the late, you know, getting into the 1920s leading into World War II, this is the last time we've seen this amount, nearly 50%.
Wow, nearly 50% of young adults living with parents.
That's crazy.
That is absolutely crazy.
And then beyond that, Peter St.
also going to be on the show pretty soon.
And you've had the pleasure of chatting with him as well.
Isn't that right, Nathan?
Sure, yeah.
That was a fantastic.
One of the first podcast episodes we did, one of the earlier ones.
Yeah, he's an awesome dude.
I love his content.
He said, if 3% inflation is the new normal, buy gold, buy Bitcoin,
buy pretty much everything.
Hope some prayers if you're young and don't have a house.
And he's sharing from zero hedge.
And just like that, the new inflation target is 3%.
And, yeah, basically them saying,
hey, you know, 3% is fine.
Like this is, we're okay with this.
No more going after the good old 2%.
Do you remember in Congress when they asked them, so why, why 2%?
And I think the answer was something to the tune of, well, we've agreed upon it.
Yep.
With many more filler words in between.
But we've decided.
Without telling you, we've realized that that's about as high as we're.
we can go without really causing alarm.
So it's the quietest we can steal from you
a year after year.
Yeah, yeah, of course, of course.
Now, on the, it's not all bad side of things.
This is interesting.
Somebody said, tweeted at the governor of Florida,
Ron DeSantis and said,
when are we getting legislation for our gold and silver,
for gold and silver an ability to transact in hard currency?
And yeah, he himself tweeted,
sealed delivered DeSantis approves law allowing gold to silver as illegal tender.
I wonder if one day we'll see Bitcoin on a state level there.
I wouldn't be surprised, to be honest.
Oh, absolutely.
I almost feel like he'd want to save that in his pocket when he makes a run for the presidential
nomination.
Yeah, yeah, 100%.
100%.
Now, we got to show this clip.
It's hilarious.
This is Joy Reed.
I don't know, leftist talking head.
kind of woman.
She outlines what she perceives as the dystopian hellscape that conservatives would like to have.
Now, now, shield your ears, everyone, because it sounds horrendous.
I don't know how we could possibly live in a world that sounds and works like this.
But let's see what she thinks everybody wants.
Hold on here.
Oh, my bad.
Let's whip that back.
Yeah, let me go off.
There we go. Let's go.
Terrifying.
Is that if you go back before the 20th century, there were no income taxes.
There were no regulations on business.
You could earn as much money as you want, leave 100% of it to your children with no taxes.
That's the world they want back.
And to get it back, they need society to change.
They need people to be less modern.
They need people to want fewer things.
Is that if you...
Oh my God.
I could leave.
I could work hard and leave something for my family?
They want to earn as much money as they can.
They want you to not have to pay taxes.
That sounds horrible.
How good so terrifying.
Please, please.
Oh, no.
I got to look this up.
What's her net worth?
I got to know how much, how much is she lecturing me and how much is she worth?
Like, that's absolutely ridiculous.
They want no taxes.
They just want to be able to work and voluntarily exchange with their friends and neighbors and build a community and have a beautiful life.
I like how she ends with this is the world they want.
When people will be like, it's so funny.
Oh, my God.
Yeah.
Fox is $4 million, by the way.
So not nearly as much as I would have thought because her salary was $3 million.
So I'm not really sure what happened there.
She just blew it away.
Maybe she gave it away voluntarily for taxes.
Or maybe Grok made a mistake.
Yeah, yeah.
My guess is she's bad with money.
Yep.
Yeah, probably a bunch of that in the comment.
Less modern trademark.
shout out to Carl for that one that's great yeah that's that's wild anyways yes this is the world we want
we would like people to be able to enjoy the fruits of their labor save without the government
stealing half of everything that you do and be able to pass on something to your family and not have
again somebody siphon it away for no good reason i think that would be a wonderful world
that's exactly what we want we want people to just be happy free and prosperous i would like people to
thank their like thank those that left something for them whether than thanking the government
big daddy government for taking care of them yeah yeah exactly well i think that's a good spot to end it
today uh everybody again please do remember you got to learn the tools you got to make sure
that you know how to hold the fruits of your labor in a self-sovereign way how to secure your bitcoin
And to self-custia, don't leave it on the exchange.
Don't just sit with an ETF.
That is not good enough, especially with what we're talking about on the beginning of the show
and all of the ways that the powers that be would like to separate you from anything of value
and have you basically just be a workhorse of the state.
That's what they're driving towards.
We're driving towards that wonderful alternative outlined by Ms. Joy Reid,
Thanks for so succinctly putting that.
And you can learn how to do that by learning self-custy and Bitcoin.
Check out the learn page.
I'm going to play a clip for it at the end here.
But with that, I guess we're out.
Happy beginning of October, everyone.
I'm Ben.
This is Nathan.
And this was your weekly session.
We'll see you guys again soon.
Cheers, everybody.
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