BTC Sessions - Did Saylor Just Expose The “BIGGEST Threat To Bitcoin” OR Is He Hiding Something Much WORSE?

Episode Date: January 29, 2026

🚨 Michael Saylor just revealed what he claims is the BIGGEST threat to Bitcoin… but is it the full story?In this episode, we break down Saylor’s latest comments, what he’s warning about — a...nd what he’s not saying.Is there a bigger danger looming for Bitcoin that no one wants to admit?Or is this just the beginning of something far more calculated?Join BTC Sessions as we uncover what could be the real risk facing Bitcoin in 2025 and beyondFOLLOW TODAY’S PANELISTS:https://x.com/coinjoinedhttps://x.com/NuclearBitcoinrhttps://x.com/TheCoinDadFOLLOW BTC SESSIONS on X/Nostr: x.com/BTCsessionsbtcsessions@getalby.comBOOK 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/—------------------------------SHOW SPONSORS:BITCOIN WELL - BUY BITCOINhttps://qrco.de/bfiDC6COINKITE/COLDCARD (5% discount):https://qrco.de/bfiDBVABUNDANT MINES:https://qrco.de/bgYKPBAQUA 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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Starting point is 00:00:01 Michael Saylor just dropped a statement that's lit up Bitcoin Twitter. He said, quote, the greatest risk to Bitcoin is ambitious opportunists advocating protocol changes. So what did he mean? Some think he's throwing shade at core developers. Others are pointing to the BIP 110 temporary soft fork. And a few are claiming it's about quantum resistance proposals that may be a little early. So is Bitcoin's biggest threat internal division? Is it external technology like quantum computing?
Starting point is 00:00:38 Or is there another existential threat? Maybe an elephant in the room, often dismissed by Sailor himself. Today on Why Are We Bullish, we're going to unpack this and plenty more. We've got an awesome panel including Chris from Cedore, Ryan McLeod, the Nuclear Bitcoinser, and Coin Dad curator of the Bitcoin Mining Museum. Stick around, drop a like on the video. It's going to be a great discussion. I am Ben with the VTC sessions.
Starting point is 00:01:04 This is your bullish session. All right, I want to welcome to the screen. I'll bring them up in order. I'm going to get Ryan. I'm going to grab the coin dad, and I'm going to grab Chris. Gentlemen, thank you so much for being here. How are you guys doing?
Starting point is 00:01:30 Amazing. Thanks for having this again. Awesome, awesome. Glad to have you. So I wanted to see you. a little bit of a discussion off the top of the show. And it's in regards to this tweet from Michael Saylor. I'll bring it up here so you guys can take a little peek and we'll see what we think here.
Starting point is 00:01:51 So this is, again, from Michael Saylor, the greatest risk to Bitcoin is ambitious, opportunist, advocating protocol changes. And there were a lot of people pontificating on what this can. could be referring to in the comments. Of course, we've got a double A stack comparing Bitcoin knots to Bitcoin Core as an NFT playground. We've got people asking, are you referring to Core knots? Perhaps the problem is that confidence has been lost because Bitcoin's governance
Starting point is 00:02:26 variance has been exposed to us dummies. There's people talking about Bib 110. One of the fun comments that I enjoyed was from Magoo. Says the guy shilling fractional paper Bitcoin, L.O.L. But again, a lot of different comments. No, it's cultural decay encouraged by you. Vortex, one of the OGs that I kind of grew up in the Bitcoin space chatting with and listening to. He said, yeah, pretty sure it's the centralization of custody,
Starting point is 00:03:00 but you wouldn't acknowledge that holding 600,000 Bitcoin with a centralized trusted authority. Chris, you jumped in. No, it's ambitious opportunist advocating protocol changes that I don't like. So we're going to chat a little bit here. So maybe I will, Ryan, I'll start with you and we'll go around the circle here.
Starting point is 00:03:23 But one, do you lean one way as to, what you think Saylor was specifically referring to here. And besides that, what do you view as one of the greatest threats to Bitcoin as it stands at this moment? I do find it funny that he does speak in this abstract way where anybody can read anything into it. And especially with different divisions right now going on in the entire Bitcoin ecosystem, yeah, it's just going to put people at odds in the comment section gets very, very exciting. And like, I don't know what the threat is. Like, we know that it thrives on anti-fragility.
Starting point is 00:04:07 So, like, every attack that Bitcoin withstands, it's stronger. It's more resilient into the future. And we're in a phase now where there are a lot of interested parties involved right now that have a lot more capital to wield. And they're not, yeah, it's not the same environment that we're going into anymore. So we have to just be on the lookout. for anything because like even if he's what he says is relevant in the present it's also relevant in the future and see he speaks in such a way that it's it's like a timeless idea that that humans
Starting point is 00:04:41 are going to try to tinker with something that is valuable if they think that they can get an edge in it coin dad i'm going to go to you um what's your take on the tweet what do you see as the current uh most existential threat to bitcoin uh kind of follow with why right what ryan said the uh He left it open for anybody to discuss. And if you scroll down the comments and read them all, there's a lot of different responses to different angles. Me personally, I've been around long enough with some of the different wars we've had in the past to understand and learn that Bitcoin is a moving, living digital organism in a way,
Starting point is 00:05:21 that it overpowers anything that you throw at it. And this is just another one of those battles that it's going to fight through. and we're always going to come out on top at the end. So I'm not really concerned about quantum. I'm not concerned about these internal wars. It's something that we're going to overcome. Because at the end of the day, it's the nodes and the miners that control Bitcoin when it comes to the decisions that we make and which road we want to go down.
Starting point is 00:05:50 So I'm not too concerned about it. I'm numb to it all. Fair enough, fair enough. Chris, I'm tossing it to you. what do you think you meant? Do you care? And what do you think is the biggest threat? First, I think we have to correct Vortex.
Starting point is 00:06:05 It's not 600,000. It's like 700,000 Bitcoin now that are held with a custodium. It's a lot. He has been pretty busy. So, yeah, I agree and I disagree. Like I jokingly said, the greatest risk to Bitcoin are changes that I don't approve of. You have to be egotistical about this. but calling like change or protocol change the greatest risk is like confusing change with recklessness
Starting point is 00:06:32 I think like I think he means recklessness because we need Bitcoin to change and adopt like the real risk is like pretending that this complex yet beautiful system can be like frozen now while there's like different adversaries improvement in hardware cryptography like even incentives they do evolve over time And yeah, Bitcoin has survived all of these things because we like change Bitcoin slowly and painfully and conservatively and like in public. But ossification is like not a safety strategy. Like ossification, we can't ossify Bitcoin. We know there are actual bugs in there still that might come to bite us in the ads. We have solutions for them.
Starting point is 00:07:17 We should not, yeah, immediately act on those. But, yeah, slow and steady. That's fair. You know, I, we've got somebody in the chat. We've got A.J. A.G., the alchemist saying the greatest risk to Bitcoin is paper Bitcoin. Again, kind of alluding to, you know, what do these kind of financial products? And I'd say paper Bitcoin paired with apathy is probably one of the things that stands out to me.
Starting point is 00:07:51 Like if everybody apathetically defaults to custodians and I'll just get an ETF. And, you know, especially Bitcoiners, I'm particularly disappointed when I see Bitcoiners that refuse to ever use their Bitcoin and actually utilize it. I think the big thing is if us as Bitcoiners are not willing to. take the next step and begin to actually use it as money, how could we expect anybody else on earth to? Right? Like if we're, if if, if us as the crazy ones aren't willing to stick our necks out and say like, hey, like, let's transact in this. Let's use Bitcoin day to day or try to or like begin to forge that path.
Starting point is 00:08:40 Then why the hell is some dude who doesn't give a shit about Bitcoin? That may as well just have an ETF. Why are they going to do it? And why would it ever become money? So for me, that's one of the big things. And I do worry about that path as there were some interesting topics of conversation last week when I was on with Nathan. And we were chatting about some of the sailors quotes and his talking about building kind of systems where he's kind of the supplier of Bitcoin. And in doing so, you can then build, you know, you've got a capital base.
Starting point is 00:09:20 you've got a credit base, and then you can issue money on top of that. And I'm kind of like, well, you know, are we going back to recreating systems that we've had before, or could we just use Bitcoin? So I don't know the answer to that. In terms of the protocol development, I mean, it's been spicy as hell. I get pulled back and forth between how I think about things. here. I don't have a good decisive thought.
Starting point is 00:09:54 I will bring up one more thing, and I want to get your guys' takes on this. I was getting tagged a ton. NBC dropped a tweet, like yesterday, I think. And it was in response to another person. But he said something along the lines
Starting point is 00:10:10 of like the plebs. The plebs never mattered. Something like that. But it was a little bit more nuanced than that. I'm sure I can find it in my notifications. There we go. Okay. So he said controversial opinion. The Bitcoin plebs never mattered. The grifters will always grift how you or I feel about them is relevant in the big picture. And that's okay. How do you guys feel about that tweet?
Starting point is 00:10:40 I mean, I disagree that the clubs never mattered. Like they, Bitcoin matters to you and your node matters to you. And you can affect change. We have proven that like even the humble pleb can affect change um i agree with the second statements grift as are gonna grift like you can't prevent that yeah all all o gs and everybody from the early days started as plebs we all started as plebs so it was grown by plebs i still feel like i'm a pleb now yeah i feel like everybody that's been around bitcoin for long enough still feels like they're the same person that they were it's just you know you're you're you're in bitcoin coin long enough and but de facto people start to be like oh well you're not a pleb because i mean but like
Starting point is 00:11:30 again coin dad very good point like you've been you know you you it's it's almost like oh you've been around too long and benefited from bitcoin and then all the sudden you're like thrust out of that like are you what what how do you even define what a what a what a what a club is i don't know Ryan, do you have thoughts on this? I don't know. There's always going to be an intransigent minority that just kind of sticks to the basics, run your node. Mine at home, mine for heat, just be a participant in the network. Like you were saying about using Bitcoin, I just bought some lightning coffee just this week. My son is now addicted to Colombian coffee and he won't consume anything else.
Starting point is 00:12:17 I don't have much here, but I pay my bar. in Bitcoin for three years now. He's very happy with his first haircut because it's still making him money. Great. I don't know. I paid my most of the tires with Bitcoin. Go. What thrust somebody out of the realm of being a pleb?
Starting point is 00:12:38 I feel like, again, like NDK was a pleb. He mattered in that he built a piece of hardware that like a ton of people used to secure their Bitcoin. So like he was the pleb that did that and for his own accord, right? Like he was like, nobody's making a thing that I feel secure enough with. And so I'm going to do this for myself. And then he was like, well, I could probably sell this, I suppose. And that's, that was the inflection point for Quinkite. So like, I definitely disagree with the first part of the statement. But the rest, yeah, I agree. Yeah, we're shrinking my north.
Starting point is 00:13:21 I think there is a cutoff like. Go ahead, Chris. Sorry, my internet connection. I'm being attacked by North Koreans. My internet is a little laggy. I'm across the pond. I didn't want to interrupt. But I think there is like we can define a line.
Starting point is 00:13:38 Like, PLEP is a mindset. But I think as soon as you sit on the board of a treasury company, you're no longer a PLEP. Like, that is the line we can draw. That's a solid line. Okay, fair enough. I am not. I was a historian. I felt I talked about this.
Starting point is 00:13:55 My guys in the past, like dealing with the history, anybody to me that's pre-2013 is a Bitcoin OG pioneer. Anybody 2013 to 2017 towards the end is a Bitcoin veteran. Anybody after that is a Pledge. Anybody after the ETFs came out is just a bitterner. Do you heard it here first? There is the threshold. We'll get everybody badges and, uh, yeah, that's, that's too funny.
Starting point is 00:14:28 Yeah, I mean, I don't know. I've gone back and forth on, on, you know, what, what I think is most important in Bitcoin. I think the most important thing is, is that people continue to be able to utilize Bitcoin as they see fit, right? Like, I think that's, that's the most important thing. Can you can you self-custody? Can you use it day-to-day without censorship, without, you know, is it, does it continue to be easy to use day-to-day as money? Are we building things that help with that? Can you, if you have the right tools, be private?
Starting point is 00:15:07 Like, those are the things that are most important to me. If the powers that be want to do, you know, want to have mass. of amounts of Bitcoin in custody and do stuff like that. As long as it doesn't go and impede my ability to use and live Bitcoin as I see fit, then so be it. I'm pretty happy with that. I think the fact that we're in the first world country matters too, because people think about it as an investment for the future. But you know, you and I and others have been to El Salvador, I've been to Kenya, I've been to Thailand,
Starting point is 00:15:47 I've been to other third world countries. And over there, it's Venezuela and all these places. It's now life-changing. It's getting, because they're not a part of the banking system. So to them, they don't care about 20 years from now. They care about tomorrow. It's use cases different in different parts of the world. Yeah, yeah, I agree.
Starting point is 00:16:07 I agree. And again, doing stuff with the Human Rights Foundation and everything, a lot of you know a lot of some of the some of the arguments that you know we're pontificating on today are non-issues for them
Starting point is 00:16:24 they just need this you know censorship resistant money they're they're very much focused on that part of it a lot of the underlying debates and things that are going on actually are pretty invisible to them
Starting point is 00:16:38 they're just it's just kind of day-to-day use did it work for me? Great. So yeah, I think it's interesting because I say your average Bitcoin are coming into things now is largely not aware even that there are debates about these types of things. You know, you've got to be pretty deep in the weeds to understand that there's a debate about how to handle non-transactional data on the base layer. Like most people would they just glaze over.
Starting point is 00:17:13 They're like, I don't know. I have Bitcoin in my wallet. Like that's, can I, can I send a transaction? Most people aren't even to that level. So we do have a lot of our work cut out for us. But I do understand why people that are in the deep into it get so worked up over things. Chris, I think your approach is best. It's just, it's just meeting it with like a humorous, a humorous attitude.
Starting point is 00:17:42 is kind of because that's not really all you can do to get to get to get to the day without having a heart attack yeah i mean it's happening right now and again like we talked about change and this this proposal like we're towing around to bib 110 or biv 444 and while i strongly disagree with it i think it's like good thing that like these changes are being discussed and brought forward um let let's have a debate um it needs to be tested it needs to like properly be signaled. I see the likelihood of that activating like close to zero. I have money riding against that.
Starting point is 00:18:25 But it's a sign of a healthy non-centralized system. And that's what we like try to to keep alive here. So yeah, yeah, that's fair. That's fair. It's good things and you know, you make a lot of memes. Yeah, it's I again, I'm not going to dive into it very deeply in this because I want to change gears and get to. to Ryan's reason for being bullish.
Starting point is 00:18:49 But I will, the thing that you're talking about is this, BIP 110. So I'm not going to, it's a, I think it's kind of touted as a temporary soft fork, I believe. And it's in and around the idea of should non-monetary data be on Bitcoin's war chain. So anyways, if people want to read about it and figure out, out if you're for or against, you can go and do that. I guess, apparently... Read about it. It was...
Starting point is 00:19:22 Ep110.com. And yes, very exciting. Yeah, it was... I guess the first release of it was today. Today? Yeah, today. So, yeah, anyway. I mean, it's a lot of...
Starting point is 00:19:37 It has been out for, like, six weeks or so. Like, there has... So it's supposed to be a velvet fork, meaning it's not a soft fork. Like, it's... We're signaling 55% of the mining hash rate is signaling for it will activate so far zero. And if that does not happen, there will be a user-activated soft fork on September 1st. Again, likelihoods. I take any bets, you know, come bet against it.
Starting point is 00:20:03 Chris, it's a gambling manner. Yeah, okay, fair enough. Fair enough. Awesome. Okay. Ryan, we're going to change gears here. Ryan, I'm going to you, we're going to get into the meat of the show, because, we're here to find out why you guys are so bullish. And so our first bullish topic of the night is going to go to Ryan, the nuclear bitcoins. And so I'll leave it with you, man. What are you currently so excited about what has you so bullish in Bitcoin right now?
Starting point is 00:20:29 Well, it's tangential, but I'm bullish because power is back on the menu. Like everybody is starting to have a greater appreciation for base load, reliable, resilient power systems. And if anything, like this recent weekend with the massive storm that went through the United States, it was another example of Bitcoin being a participant in providing a reliable component to these grid systems. And we saw a lot of these systems where wind and solar are heavily built out, but they did not show up when they were needed the most. It was natural gas and coal and nuclear that were the steel in the show this week when power was stretched to its limits across most of the United States.
Starting point is 00:21:20 And in fact, like, there was even an instance where Quebec cut off their exports to the northeastern United States because they only have so much to go around and they prioritize Quebec before anyone else, which is ironic because the northeast part of the United States in maybe the last 10 to 15 years or so has retired. somewhere in the ballpark at like five to six gigawatts worth of nuclear power with the expectation that it would have all been replaced with wind and solar but it was replaced with mostly gas and exports and so it's it is striking to see how much reliance we have on these systems and how fragile they actually are and yeah nuclear provides a massive base load but like yeah coal has been a part of our
Starting point is 00:22:13 systems for as long as we've had electricity, oil and gas, like they are essential to keeping the lights on until we have sufficient base load to replace them. And yeah, somebody asked there if I was investing in uranium. And he had mentioned earlier, what was the post earlier, talking about not self-custing uranium. But surprisingly, naturally uranium is not actually that radioactive. it's after it's been irradiated in the reactor. And it's not the uranium.
Starting point is 00:22:45 It's the byproducts from the fission process that are the complicating and more harmful substances that we have to deal with. But this weekend provided another great example of power is essential. And having flexibility in these grid systems is a massive must-have nowadays, especially now that we have a lot more inflexible power,
Starting point is 00:23:10 generation sources on our grids. There's, I've been seen a lot of this the past, even a few years, a bit of a realization of like, oh geez, you know, there's, there's not the battery capacity oftentimes with stuff like this with like, you know, we've got a ton of wind and solar where I am because, you know, We do, it is the sunniest, I'm in Alberta, so it is the sunniest province in Canada, but like also winter. So, you know, like there's, there's, there's, I'd say my province is definitely tuned into the fact that you can't just expect that stuff to work 24-7 all throughout the year. and that we need reliable power sources no matter what. In the further north you go, the harder that that gets.
Starting point is 00:24:16 And a lot of our northern regions, they're reliant on diesel that gets shipped in by plane or by barge. And they're paying as much as like a dollar per kilowatt hour, which is obscene. And like, so that is why there is a massive push in Canada to invest in research small modular reactor so that we can deploy them to the north so that we can supply power to these small communities so that we can reinvigorate our mining infrastructure and like there's lots of oil and gas up there there's a lot of interest in using nuclear power to really like advance and develop the northern regions of Canada but it's hard when diesel is your only option yeah yeah exactly um how have you seen the energy sector kind of begin to grok bitcoin and mining and its role in those systems?
Starting point is 00:25:12 Have you seen some headway made there, especially of the recent history? Yeah, in fact, I had a meeting with somebody from a major multinational energy company that does work for basically across the full spectrum. Their fingers and everything. I can't give too much away, but like they work with oil and gas. They work with conventional mining. They work with nuclear infrastructure. They work with data centers. They do like dynamic responsive loads. So I had a meeting with one of their representatives where we were speaking about how Bitcoin mining can fit into their technology stack because of its flexibility, how it sets the price floor for the value of power, like no matter when and where it is,
Starting point is 00:25:56 because power is a fungible commodity that is limited, like restricted by your location and sometimes the time. And so there's many places, like especially in like West Texas, where you have wind and solar pushing way too much onto the grid at sometimes, where then your prices are going to be negative. So there's companies out there like Chola that are taking advantage of that, and they're finding opportunistic ways to mine when they can get power at dirt cheap, but then they curtail their load when the real-time price of power exceeds what their break-even point is.
Starting point is 00:26:30 And it's actually like really easy to calculate that stuff with, you get the hash price out of the price and the difficulty, and then you divide your minor efficiency by it and spits out a dollar per kilowatt hour, and you know exactly where your thresholds are. And then so like there's the grids are starting to see these opportunities. And like small microgrids are starting to see the opportunities, especially when we're talking about nuclear, like if we want to build enough, to satisfy expected future demand in a microgrid in a remote region.
Starting point is 00:27:00 We want to build excess capacity into that system so that the community can grow into it. But unless you have a consumer of that excess power, you're going to have really challenging economic headwinds to fight against. So essentially, like what I'm proposing within my sector is to adopt a model, like what gridless is doing in Africa by identifying stranded energy assets that are only getting like 40 to 60% usage, bump that up to 100% all the time. And now your systems are a lot more economically feasible.
Starting point is 00:27:33 A lot of electrical systems, they will run better and perform better if there's a consistent load pulling on them instead of cycling constantly. So once you see the value that Bitcoin mining adds to these systems, you start to see all of these inefficiencies everywhere where it plugs into. And it's going to be huge, but it's probably going to be a gradually and suddenly type of deal where we're just going to start seeing like little pockets here and there, start seeing it. Like we're seeing a lot in oil industries where they're flaring gas and have orphaned wells where they are taking advantage of those opportunities. We're seeing like Daniel Batten is going after like landfill methane emissions. There's examples of agricultural methane that is being used for mining for basically turning cow shit and pig shit.
Starting point is 00:28:23 into money. Like, how cool is that? And it's growing and it's going to be such an integral part of our power systems that like there's nothing. There's no force on earth that's going to be able to shut down at least that aspect of Bitcoin. Awesome. I want to toss it down the line. I'm going to I'm going to go to Coin Dad first. And I've got kind of two questions. Well, one is if you have any thoughts or comments or questions on what Ryan's just laid out here. too is, from your perspective, do you think that the trend will be to see power companies become Bitcoin miners or Bitcoin miners become the power companies themselves or begin owning power companies?
Starting point is 00:29:14 What side of the coin do you think we're going to land on predominantly? I think it's a mixture of both because when you put AI into it, My cousin is one of them down in Atlanta. He's got, I think, 15 or 20 megawatts. And he's focused on Bitcoin mining, but now he's also focusing on AI customers. And some previous miners that I spoke to and checked up on recently told me the same thing. You know, some parts of the country, AI pays better than mining. And they can balance things out financially that way.
Starting point is 00:29:48 And Bitcoin takes off, you can swing back to the other side. So I think it'll be a hybrid of both. depending on what part of the country you're in and what the demand is. That's funny. Anything else that stood out to you from what Ryan was saying there that speaks to you, given that you're in and around lining equipment all the time and you kind of see the trends as they evolve? Yeah, he mentioned the efficiency as part of the equation,
Starting point is 00:30:15 which I'm sitting there right now holding from 2013 a little USB stick that only does 330, mega hash, not Gator hash, mega hatch. That's adorable. It takes 1.2 million of these to equal today's S-21 machine. And like if you think about the banking system and all the brick and mortars, they still brick and mortars. They still have pellers.
Starting point is 00:30:40 They still have regular systems. They didn't get efficient, but Bitcoin mining just gets better and better. And we're probably at some kind of a plateau that we're getting close to with the nanometers down at three nanometers. whatever it is now. But to see it from like the oldest one in my museum is right here. This is 130 nanometers chips on here. That's like insane to think that in 12 years we went from 130 down to three. That's a beast. That's awesome. Chris, I also want to get your thoughts on anything that we've been discussing here. You know, what are your feelings with mining and how
Starting point is 00:31:23 it's affecting the way we deal with energy systems and power in society. Where do you see it going? A lot of sound. I'm still muted. You have me muted, the host? You're on now. I'm on, okay, because it said the host has you muted. I'm sorry.
Starting point is 00:31:47 I wanted to touch him. I think we will see both. Yes, we will see the big miners in the United States become power companies. But we can see right now, like in Africa, small miners, like you mentioned, gridless, they build energy infrastructure they become a energy supplier to communities first and then try to have a different monetization with like older older mining equipment yeah i i'm a fan of nuclear i'm natively german we dismantled and sold our nuclear equipment in the wake of Fukushima and i don't see any change in that politically in the near-term future but
Starting point is 00:32:29 Time will tell. I see there was there was some going around of one of your politicians like that was saying that it was a big mistake. And so it does seem like there are some wins changing. Yeah. There's one one who said it's a big mistake. I clips of him from 10 years are like, we need to do this.
Starting point is 00:32:47 So they all the same fuck up. Forget it. I'm disbanded Germany. I just don't live Germany. Sorry. Coyne, go ahead. I just left Germany with my wife because I wanted to show her where I was born and raised at when I was young. And we went out into small towns where they had these mountainous areas.
Starting point is 00:33:10 And we went hiking and stuff. And it was we get to the top. And I want to go take a selfie of the beautiful view. And as soon as I got to the top for as long as my eyes could see are freaking windmills. And it totally vibed down like, oh, man, I climbed all the way up here for that. And then I'd done homework on it. found out that almost 30% of them don't even work they don't they don't and you'd oil in them anyway to make them spin and all that stuff like it's it's like that show
Starting point is 00:33:40 landman i don't know if anybody seen landman before it's a lot of knowledge in there when it comes to power but yeah my little experience in germany that i'm kind of bummed that they got rid of the nuclear power plants over there and now they're suffering this winter yeah super enforce france is laughing is it okay well the deal with France is. They have a whole bunch of nuclear. Go ahead. Chris. Yes, nearby, like in the French, the next one here is, I think, Catanom.
Starting point is 00:34:12 It's like a reactor. So, German still to this day is a net exporter of energy, and we lost them. Like, we continue to buy. We have a lot of renewables, but as you said, renewables in the winter or like at night, not that great. So far, no rolling blackouts, just had like a blackout in Berlin and a lot of people like my business partner with insurance like he suffered yet to go into a heated bus because he didn't have any heating. Goes to show as soon as electricity is gone like your regular heating might also not work
Starting point is 00:34:48 even if it's oil. So I might only survive three days without electricity. So you know, better have a plan. But yeah. Fair enough. It's exciting. Well, I'm I'm hoping that we see more of it. I know that governments are incredibly painfully slow to change their ways. But, you know, I mean, Ryan, you're at the forefront of it. And, you know, if you're getting excited and you're starting to see some shifts, then that makes me happy. Hopefully sanity will prevail.
Starting point is 00:35:26 Nuclear was on life support for almost a decade after Fukushima happened. and now things are coming back but it's like now we they want more power than we can deliver like and then also like the most recent successful nuclear build in the united states was the bogal reactor and it was way over time way over budget so that leaves a sour taste in everyone's mouth because they're just like why would we why when we can build windmills and solar panels for much cheaper and much faster but then they don't see all the externalized costs of integrating that into the systems because like one of the other challenges like you mentioned like in winter yeah sometimes the windmills don't blow but then there's also periods where too much power is coming from them because you have to overbuild
Starting point is 00:36:09 them and then you have to build storage capacity but then the transmission infrastructure can only handle so much at a time so they end up saturating the grid and then they have to be commanded to just not generate power because they're all cannibalizing each other's market share so it just becomes a lot more complex to like manage this really complex system and it's and it's just it's it's funny how like bitcoin kind of it's an emergent property that was observed over the last like six or seven years that that it can be this sponge for excess capacity it can play a load sink it can be the the balance to the complexity that's been added to this grid but then it's you start asking like well well why what now we can think about like nuclear power as beyond base load because that's where
Starting point is 00:37:03 it's always been kind of pigeonholes like nuclear is just the flat line at the bottom of the grid and it just supports the base load but now why not build way in excess of what we could ever need and then we will have a load that can always consume it and then like yeah if AI pushes it out or if other loads that are going to pay more power and what bitcoin mining can offer it's just going to to play out the pioneer species thesis and they will just migrate to somewhere that is more accommodating for the bitcoin miners to plant those seeds and then grow more advanced mature energy systems and then more sophisticated buyers come in and push them out and just repeat until we powered the entire world amazing i love it i love the vision uh let's make it happen yeah i try to have
Starting point is 00:37:49 i try to have a big vision that sometimes i feel like i'm living too far in the future with That's what I see. I just said that to somebody yesterday, where I said I feel like I'm the future, living in the present, waiting for the past to catch up with me. Well, gentlemen, we're going to switch gears here. We're going to go to quick break, but we're going to come back. We're going to find out why my dad is so damn bullish. So stick around. If you're enjoying the conversation, drop a like in the video.
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Starting point is 00:40:34 and we're doing a rotation. Coindead, I'm going to you. And I'm going to ask you, once again. Same question everybody gets. Why are you bullish? Well, I'm bullish because
Starting point is 00:40:50 education. That's where my focus is now. And I'm starting to see, I'm starting to realize how important it is and preserving history what I've been focused on for over half a decade now, building the Bitcoin Mining Museum, which recently has scaled into the new Bitcoin Discovery Center. So a Bitcoin Mining Museum is no more. We've got new logo, new website, new facility in Dallas, Texas, 30,000 square feet. But yeah, on the educational side, I think it's highly important because like you said earlier, some people don't understand what's going on in the weeds.
Starting point is 00:41:32 Some people don't really care. Like, I mean, it's kind of like a bank, you know, you just care that your wire transfer went through. You don't care how many hands it touched, what Federal Reserve it went through, what server it went behind the scenes at the bank. You just want your money to show up. And I think a lot of people on the surface, that's how they kind of look at Bitcoin. But the educational side, just the basics.
Starting point is 00:41:54 Like, I mean, literally on a weekly basis, I run into people that don't even know that Bitcoin has 100 million sats. You know, like it's too expensive. I don't have 100 grand for a Bitcoin. And it's been around for 17 years and they still haven't learned that Bitcoin is divisible by 100 million sets. So what I'm focusing on is at this Bitcoin Discovery Center, we're going to have a classroom set up that we're building. We're going to get involved with public and private school systems. We have a director of education, PhD, doctor, professor from New York that's going to be leaving the university to join us. He's going to lead up the education department.
Starting point is 00:42:37 And with the history of having my museum set up in the center, it's what I found from all the conferences that I've been through is when people come and see 16, 17 years of history. in front of your face all in one place, it's undeniable that Bitcoin is real. You know, they come puzzled about what Bitcoin is and if Bitcoin's legit or not. But when you see 136 miners in front of your face, you walk out like, holy crap, this is, this is legit. So my museum is basically the only tangible part of the Bitcoin blockchain that you can physically touch and see. So having that aspect in conjunction with the classroom setting, I have a vision where at this
Starting point is 00:43:19 center after grand opening, we get involved with schools and I see field trips of school buses rolling up where we have hash historians, not historians is what I call them, hash historians walking through and educating these classroom students like high school for the most part. But first about the history of money and how it's a melting ice cube and why it's a melting ice cube and then lead them into the history of Bitcoin and mining and nodes and everything else. And then they sit down in the classroom and get to do a Q&A. and then leave back on the bus with this little orange pill certificate to go back home. And hopefully it motivates young people to get into Bitcoin.
Starting point is 00:44:00 What's awesome also is that on the other side of the wall from this facility is a 100,000 square foot repair center for miners. That's the largest one in America with ACS. The CEO is one of our directors for the nonprofit. And he has like 30, 40 employees always all over the place. They're building bit axes back there from scratch. They're doing chip level repair. They're doing troubleshooting. They're doing refurbishments and all types of stuff.
Starting point is 00:44:28 And to have these classrooms of young students go through that type of a tour firsthand and be able to see what's going on that might motivate some of them when they get out of high school to say, you know what? I want to get into Bitcoin. I want to get into mining. I want to become a technician. And maybe even do something like, you know, when you become a mechanic, you have to become ASE certified in America. Nothing like that exists in America yet for the technician
Starting point is 00:44:54 side where, you know, minors will show up on graduation day and offer up relocation packages with nice job offers to them and stuff. So there's a lot involved with these visions that I have and everything starts really tomorrow because I'm driving 1,500 miles to Dallas with the GC team and we're going to start working on building it out and painting it with some of the donations that we've already received in the last two weeks that we've been fundraising. But I'm bullish on education side. I think that helps a lot with mass adoption. And I'm also seeing it more, even in my personal life, I'm getting more phone calls from
Starting point is 00:45:34 not just people within my inner circle, but people outside of that circle that know me where they've called me to help them set up cold storage wallets. So I'm sitting in their living. room and showing them, you know, I told them what to go buy and they get it and then I help them out. And since they're friends, you know, I hook them up with my time because I see that they're serious about it. And there's, I'm getting, I have probably, I think six people like that in just the last two months that are more interested now about getting into Bitcoin and holding it for long term. And what's dope is two companies within in my circle are focusing on removing their 401k
Starting point is 00:46:16 and using Bitcoin for their employees and for every one year that you work for the company, you get X amount of Bitcoin as a bonus for completing that year. And you can see it on the blockchain, but you cannot touch it until you finish, I think, seven years or something like that to motivate keep staying with the company. And you get to watch your Bitcoin grow while you're working with the company. So I thought that was pretty dope to hear two of them do something like that. I like that because especially you'd probably end up having some employees. Like if it's seven years, I feel like you would probably end up having some employees that were like, well, if I want to, you know, it's it's a pretty big incentive, especially if the Bitcoin grows a lot.
Starting point is 00:47:05 And you're like, well, I was going to duck out and like, you know, go to this other job or something. And then and then you've got some sats that have been sitting there for six. years and you're like, I don't know, maybe I'll just, you know, it would take a pretty hefty offer to get somebody to leave that job early. I think that's a pretty sound way of keeping staff. Yeah. The other thing about it is, you know, if you have a 401k now, you have to wait for a certain age for you to even touch it. And you get a big penalty on top of your taxes that you would have to pay if you take it out early. With Bitcoin, you don't have none of that. I mean, if you quit and I mean, if you make it to that time and you get it out, then you get to use it as soon as you want, if you care to.
Starting point is 00:47:50 The other thing is if the doctor tells you you got 30 days left to live and you have like assets and stuff and property and a 401K, like it takes longer than 30 days to get the liquidity out, all that stuff. You got to find somebody to sell your property to go through the closing and all that. And with Bitcoin, it's all instant. As soon as you touch it, you can sell it on the open market on a Saturday and your underwear, two, o'clock in the morning in bed. I mean, it's pretty tough. I'm excited about the educational side and getting involved in that and kind of paying it forward because I've learned a lot in the space going on almost a decade now. And I feel like if we don't preserve Bitcoin history, how can we educate future generations? And people tell me I'm
Starting point is 00:48:40 early. Some people tell me, you know, like, why are you already doing? this and it's like I interview the OGs that are from I just spoke to Luke Dash Jr. face to face like what four times in the last six months and every time I hear something new like I literally I was in a podcast with Natalie Brunel and Luke Dash and I brought this with me and while we're sitting there BSing at the table this is a FPGA from before ASICs and he told me that he was the one that wrote code on here for the software for this thing from back then it's like I'm I can't believe I'm sitting at a table with the guy that wrote part of the software for a minor that took me four years to find.
Starting point is 00:49:18 It's that where. It's so like I'll tell people like, when do you want me to interview these guys when they're all dead? You know, it's like the information they have, you cannot Google online. So we need a place to preserve all this type of stuff. That's really cool. Now, you are, again, you're jumping on the road here. you've already been able to, you know, you're raising some money to support the nonprofit so that you can kind of get this project out the ground. Can you just, before we get commentary, questions, everything from Chris and Ryan, can you just let people know what the deal is with this, where you're at, what the help is for, and kind of like, you know, make your pitch is what I'm saying here.
Starting point is 00:50:06 Sure. So, yeah, it's a 30,000 square foot facility, 20 minutes away from Dallas. And in it, it's going to be not just my museum, but an Bitcoin art gallery, a Bitcoin storefront. In that storefront, we'll be selling nodes and bid axes and apparel. I spoke to FOMO 21. I've got the support from Solo Satoshi from Start 9, from a bidax touch, like a lot of support on the storefront side. and all the authors for books, Natalie Brunel and Lawrence and the Bitcoin standard. So anything having to do with Bitcoin will be in the storefront where a certain percentage
Starting point is 00:50:49 of the proceed goes back to the nonprofit, then the classroom side of things with the professor. But to get to that point, we need to get roughly to $750,000 for a grand opening. So I've done all the legwork for six years of building the museum. so the guts of the DNA of the blockchain is already here ready to show. But 30,000 square feet is huge. 25 foot walls to the ceilings. It's got 110 parking spots out front, and it costs $25,000 a month just to rent. The landlord is giving us a grace period until probably four months from now, give or take,
Starting point is 00:51:28 where we're not going to owe anything while we're building it out. So I'm hoping that we can collect enough money to get to the, grand opening. So far, we've collected $113,000 from early OG from 2010, who loves what we're doing and has been a big supporter of us. So shout out to Bryce. He's been a big supporter from day one. But yeah, I'm leaving tomorrow to drive to Dallas and we're going to start getting on ladders and scissors lifts and stuff and start painting the walls and building separation walls and a T-wall when you enter and getting some electrical work done in there and permitting get started. There's a lot involved.
Starting point is 00:52:08 But I want to show proof of work with that 113 grand. Even though we just received the money, I'm already rolling out with it. I already got Airbnb set up. I got materials on order. I got a 16 foot Bitcoin Discovery Center sign being made. It's going to take three, four weeks to come in. But the place will also be an event center. So we'll be like if you fall in love in Vegas with another Bitcoiner, you can book my place
Starting point is 00:52:32 on a Saturday and have a Bitcoin theme wedding. Michael she'd love it. She can book it for his quarterly C-suite meetings and orange pill other CEOs by actually having something to show to show them that Bitcoin is real. You know, the conferences that come through Dallas can do side events with whale cocktail parties, uh, meet Bitcoin meetups, uh, book signings for new book releases. So all kinds of different events can happen there on top of everything that I mentioned. So yeah, I'm super stoked about this.
Starting point is 00:53:03 It's one of a kind in the world. I'm happy. I'm comfortable enough to say now that nobody can duplicate what I've built because I also have prototypes. So it's impossible for somebody to find other prototypes for mining hardware from the past. Sorry to kind of derail this, but when you said book a book a wedding at your mining venue. There's a meme that somebody made of me when I dressed as a Zoolander-style Bitcoin miner. And so I felt that I needed to show it. So if you're thinking of proposing to your sweetie, you can say, I'm going to make you mine
Starting point is 00:53:53 and then take the mining facility instead. So there you go. there you go um you're pretty strong holding an m 50s or whatever that is with one arm yeah it's an m 30 plus something like that yeah it's uh there you go there you go uh i want to get commentary comments questions whatever it is uh let's go to ryan first and then we'll go to then we'll go to chris i cannot hear you know ryan so uh you're out i can't hear you we're going to go to chris Does he have to be unmuted? He is unmuted, as far as I can tell.
Starting point is 00:54:38 Oh, hold on a sec. Let me, I'll do this and then this. Ryan, can you talk now? Can I talk now? Yeah, there you know. Excellent. Yes. Yes, you were the one with the power.
Starting point is 00:54:52 Yeah. I like your question. It was very silent. Yeah, just point fingers. You know, I like, yeah, man, you're doing the work of like, yeah, Satoshi's work and it's it's a great that sounds like a great venue to bring people together one one thing that I was thinking about because I recently watched the presentation by Alan Farrington where he was not talking about Bitcoin but he was talking about fiat not so much
Starting point is 00:55:20 about like it's inflationary nature and all that stuff but he was going through all of the different counterparties like when you sweep your swipe your visa card how many counterparties are involved in that transaction And it was a convoluted mess. And he is phenomenal at presenting it. I'd highly recommend everyone check it out. But that would be a fun educational session for you to involve in that.
Starting point is 00:55:43 Is just like compare the counterparty and like the transaction flow from a Bitcoin transaction or a lightning transaction to a Fiat transaction and just see if you can follow this crazy mess of like 18 counter parties that involve like 25 different transactions that have time delays and weights in them and yeah, it was he, he's a master at explaining how terrible Fiat is. Yeah, I've seen what you're talking about. So I know what you mean. I've seen that clip.
Starting point is 00:56:15 But the crazy part is, is that our facility is literally 30 minutes away from the museum of money by the Federal Reserve. Nice. No joke. So like I could tell their school bus driver to go stop there first then bring them over then show them that video we're talking about and then get into the mining side it's probably funny that you could probably bring people from that facility and show them that presentation and they probably don't even know what a convoluted mess it is that goes on under the hood of a fiat transaction like i've i've had that conversation before with people that are like oh a bitcoin transaction is so complicated but all i do is like i just tap my card and and it works do you do you really know what's going on under the hood when you do that it's uh
Starting point is 00:57:00 You know what you should do. You should go over to that museum, and, you know, when you find a portion of it that is just very erroneously Keynesian, you should create the exact same part of your museum, but refuting everything that is in theirs. I think that would be an excellent exhibition, if you could. A Fed Money Counter exhibit. Yeah, yeah, exactly. Just like exact same layout. See if you can set it up so it looks almost identical, but with all of the opposing points refuting all of theirs.
Starting point is 00:57:40 Yeah, that'd be fantastic. Chris, I want to toss it to you, Chris. Any comments, questions for Coin Dad, his project, all of that? Yeah, I mean, I love what he is doing. I've seen his exhibition like twice now. And I mean, that sounds like an amazing facility. I hope you have a good deal for electricity so that some of these things can, you know, run during the downtime. Might be some remuneration there.
Starting point is 00:58:08 But, yeah, looking forward to visiting in Dallas. Yeah, I got to get to. I've never been, I've only been through airports in Texas. I've never actually spent any time in any city in Texas yet. Seriously. You've never been? I've never been. never been to. I think you'll be surprised. That area around Carrollton is where the museum will be.
Starting point is 00:58:34 But Carrollton and Irving, like, you can tell that the local government has taken their taxes and spending it the right way. Like, I drove for miles, didn't see any trash on the road. Things looked organized. I didn't drive over potholes. Houses were new. The buildings and businesses looked new. Like, it was actually very well kept up. And I was impressed with what they're doing out there. That's awesome. Well, I'm going to have to get down there. Hopefully sooner rather than later, it's not a hard trip for me to get down. Well, maybe how about for the ribbon cutting ceremony? I mean, that could be a compelling reason.
Starting point is 00:59:10 The orange ribbon cutting ceremony. Yeah, it could be a compelling time to come down, I think so. But I will encourage everybody to head over to Bitcoin Discovery Center.com. We did have a QR code. I'll put it up one more time if you want to check it out. But Bitcoin Discovery Center.com, you can check out everything that's going on. But also, you can support the nonprofit and help make this reality and make sure that it's funded. And we have this piece of massive piece of Bitcoin history in the heart of Texas there.
Starting point is 00:59:48 I think that would be amazing. We accept Bitcoin and U.S. dollars. So when you go to that website, you'll have option for either. And we're looking to eventually grow into an endowment fund that hope, you know, some of these whales out there or the Jack Dorsey's of the world, see what we're working on and like what we're doing and want to help out. Then the endowment fund would basically fund the museum for the rest of our lives without having to fundraise anymore. Because then we can, you know, run the overhead just off of the interest without touching the principal. and that's where I would like to get with this over the next few years. Amazing.
Starting point is 01:00:23 Amazing. Well, yeah, everybody, give it, check it out. And yeah, all right, amazing. So, guys, we're going to change gears once more. We'll take a quick break here and then we're going to come back. We're going to find out why Chris is so bullish. And we'll just give a quick shout out to our sponsors here. If you're enjoying the show, make sure you drop a like.
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Starting point is 01:02:46 All right, we are back in. Ryan's wind-powered internet has come back and we're going to find out now finally. He's gone. He had to make sure that the propellers were still chugging away on the... Ryan, we're making jokes. We're making jokes at your extent, Ryan. My connection's back.
Starting point is 01:03:12 Yeah, we're saying that it must be wind power to non-nuclear. So, but... Is it possible? I'm in Ontario. Yeah, that's true. That's true. But we're going to find out why Chris is so bullish. So Chris, I'm going to toss it to you. Same question everybody gets. Why are you bullish, man?
Starting point is 01:03:35 Why I'm so bullish? I was discussing Nots versus 4 and was wasting that time on this, you know, Tempest and a T-Cap. I was orange people. I was giving courses. I was talking about, again, I run bichrons, we insure Bitcoin, but I also do C-Doh. when we talk about custody and I attended a lot of no-coiner conferences.
Starting point is 01:03:58 Like there are actually conferences that are not about Bitcoin. I learned this recently and I went to like finance conferences and then I gave like speeches about Bitcoin and you start with the absolute basics like Coin Dad said earlier. Like people don't know that you can split one Bitcoin in multiples. And recently when was it in October, I was the largest German conference. conference organized by a bank, a Tradfi bank, and I talked about Bitcoin inheritance, and I gave a workshop afterwards. And it was like, I expected 30 people and it was like 80 people. And the average age was at least 60 or 65 of the people attending there, which was like blowing my mind.
Starting point is 01:04:43 Because like, again, Bitcoin is a young man's game. I don't know. Like we grow up with it and now we're getting old, but suddenly I meet a lot more older folk, and I ask them, why are you at 75 balls deep in Bitcoin? And then, yeah, I mean, they already have everything. That generation has been living good, and they're looking for a way to give something to the next of kin, and they learned about Bitcoin, and they realized how, you know, what they worked for in terms of their pension, what the money is now worth is not that great of an investment. So yeah, talk to old people about minisccript. And that makes me bullish.
Starting point is 01:05:24 That's amazing. So I mean, you're hitting on something that I think is very important at this point in time for Bitcoiners. And that is to inject ourselves into non-Bitcoin events and be the odd ones out. We have had tons of fun going to big Bitcoin events where we get to pat each other on the back for all. enjoying the same thing, and that's a lot of fun to do. But I also think it's super important to be in these circles that are still kind of not exposed to it at all. And you do now, because it's not as taboo as it used to be, and people hear about it in the
Starting point is 01:06:09 news from time to time, and there's a genuine curiosity. But oftentimes, there's nobody there to explain it to them. And so, I mean, the time is now to go and do these things because, I mean, I think the best example I've got myself of having that experience is there's, there's these guys in Ontario that run a real estate group and they got orange-pilled. And they host these events and they realize like, oh, holy crap, our entire real estate business is viable and necessary because the money is broken. And so they started orange pilling all of their real estate clients saying, like, you need at least a portion of your portfolio in Bitcoin. Because the real estate is treated as an investment now primarily because you cannot just save your money. And so people have gone to other things. And so I went and spoke at one of those events.
Starting point is 01:07:08 They're called Rockstar Real Estate, awesome couple of brothers. Ryan, you're familiar with them for sure. But awesome, awesome guys. And the amount of interest and the amount of questions and it was just fantastic. And so, yeah, more of that, please, more of Bitcoiners being once again the odd ones out. I know we're probably some of us have been through the paces of feeling like the odd one out for quite some time. but I'm you know Chris you pointed something very important is that we need more of it unfortunately but you know who's going to bear that cross I suppose I'll I'll let
Starting point is 01:07:55 coin that and Ryan if you guys want to chime in as well do you see any like opportunities with with certain groups of people like have you had these experiences where you've been in groups of people that are kind of familiar with Bitcoin and you've gotten some interest. How is that shooting for time for you? Maybe I'll go Ryan first and we'll go Coin Dad. Yeah. Well, I presented at a conference called Disruptive Innovating and Emerging Technologies in the nuclear sector in October-ish. It was literally I went from the Montreal Bitcoin Conference.
Starting point is 01:08:35 Two days later, I'm at a nuclear conference. Oh, and by the way, I was the goal. goalie in the Canadian hockey game. I'm not a nuclear engineer also, as Joey had mentioned. And yeah, the reason that I suck is because I haven't got much ice time in the last 14 years. But Canada was desperate for a goalie, so I stepped up and I showed up. But yes, I went to this diet conference and I came with an idea of more than just Bitcoin as mining, because I started to look at other opportunities within the nuclear stack where Bitcoin can be used as a capital asset, like long-term liabilities, like in
Starting point is 01:09:09 like for capital formation in the kind of like the bit bonds kind of idea where you're raising capital but keeping some of that as Bitcoin for a part of the duration of the loan and surprisingly that stuff was even more well received than the mining aspect of it so there were some people that came up to me afterwards and were like they they hadn't even considered that as an idea they just you see Bitcoin's just a digital cryptocurrency mixed in with all of the other ones so like I was there explaining like money is a technology it's a disruptive technology and Bitcoin is an emerging technology in the monetary aspect and like because because nuclear is so heavily front-loaded in its
Starting point is 01:10:00 capital we need sorry I just saw somebody saying candidates needing a goalie. I don't think he knows that all I get a reply in the chat. But anyways, continue on with your thought. But yeah, they were just seeing like, like, because, yeah, because it's so heavily front loaded in the capital expenditures, it makes it very challenging to plan for a 60 plus year investment. But if Bitcoin was a part of those like capital flows and those capital funds for,
Starting point is 01:10:36 say like decommissioning and waste management funds like that would be a huge way to preserve the capital that's required for these late stage like expenses for nuclear power plants because like once it's built it's almost free energy once it's paid off it's yeah nuclear power plan is basically just free power but but it's so heavily front loaded and so when things like cost overruns and timeline overruns happen your cost of capital becomes almost your most critical lever like like the difference between like a four and five percent interest rate can make a huge difference in a project like that um there was i saw pie chart recently for one of the projects that happened in the uk and it was that two-thirds of the entire cost of the project is just going to be interest
Starting point is 01:11:30 alone so like yeah like like they're looking like So it is interesting just to see that there is a greater appreciation to assets that can be used effectively to preserve capital for long-term infrastructure projects. So that's kind of where I'm kind of parlaying what Chris was saying into my zone of interest. Well, it's again, like the greater theme here is one of one of education. and like it it plugs right into Coin Dad's previous conversation here as well. So Coin Dad, I'm curious, again, the topic at large, Chris being in a non-Bitcoin space, talking about Bitcoin, you know, with you and what you do and your museum and touring around, how often do you find yourself in groups of people that are very unfamiliar with Bitcoin?
Starting point is 01:12:33 being exposed, you know, maybe for the first time, like meaningfully. And where do you see opportunities to go and educate in spaces where you are the minority? Well, what you were saying earlier about going to these conferences, it's starting to feel more like family reunions where everybody just needs each other every year a couple times because it's all the same faces. It feels like a 75, 25 percent ratio. percent are the newbies. What's cool, though, is, and this is kind of just some physical analytics on my part,
Starting point is 01:13:12 is that I get to see everybody that comes through because we are literally this center of any conference because we're the backbone of everybody there, like your job, my job, none of our jobs would exist without the backbone of Bitcoin miners. So when people walk in and see his chronological order of it, I've had single mothers with their 12-year-old son asking me how can they heat their cabin in Virginia and which is the best minor in my collection that's good for something like that to 80-year-old grandmother with other family members that were showing straight interest and like really asking legit questions to a conference in D.C. recently where college students, like a whole group of them, I think it was
Starting point is 01:13:55 eight or nine with their professor or somebody, some older person. They came through and talking to them, their body language showed me that they're really interested. I learned that over time as people's body languages, how do they listen to what I say and when I educate. Some people, they don't give a shit. They don't care. And then you can tell just from their body language. They don't even have to say anything. So those are the people I invest my time into is people like those college students and the people that come up. But yeah, these conferences, we do as especially us, I guess you could say us senior folks in the space. need to go out to places where we don't run into each other and kind of decentralize
Starting point is 01:14:36 ourselves on the educational side and go into places like a like go and show up at a gold conference where peter shift wants to go be at and and talk to his followers over there or a a shit coin conference you know and and get some of those guys and and answer their questions but one thing on the educational side with our center that i want to do is is build a mini version of our museum with stuff that is irreplaceable. So like S-9s, S-5s, things of that era, to take them to universities around the country and that we don't just do field trips to us, but we actually go out to the universities and do a whole day of show and tell and then come back and actually have physical things to show
Starting point is 01:15:25 and get people sparked up at their own grounds at the universities and then build those relationships. with the senior level of the universities, and then maybe they bring a school bus full of kids after that. But, yeah, we need to spread ourselves out there to get the word out more. I love the idea of you guys maybe partnering with some mining companies that are looking for new employees and stuff like that and going to job fairs, but also having, mining equipment out on having like a portion of your museum kind of there and getting people
Starting point is 01:16:09 into the mining field. I think that would be super cool. But it's just an idea off the top of my head. Yeah. Amazing. A lot of ideas floating around right now. But right now the foundation of it all is getting that facility built and then from there we can grow. Yeah, 100%.
Starting point is 01:16:24 Well, gentlemen, I am conscious of time. I know it's probably, what, almost 1.30 in the morning for Chris, who is an absolute trooper. So I'm going to start to round out here a little bit. And what I would like to do is go around one last time. Any final thoughts that you guys have just on anything that we discussed over the course of the episode, but also anywhere that you would like to point people to check out, whether it be one that we already discussed or something else. So Chris, I'll start with you. Any final thoughts that you have, whether it be on your topic or any of the others,
Starting point is 01:17:03 and would you like people to check out? Are you there? Everything is stuck. I don't know if you can hear me. Deep thoughts. Donate to a developer and, yeah, orange pool. I'm a Europor. It's 1.30 a.m.
Starting point is 01:17:31 Again, like my parting. message is donate to a dev and onboard somebody to Bitcoin. Amazing. Okay, perfect, perfect. And also, because you didn't chill yourself, I'll say that if you need a really robust backup for your seeds, go over to cdor.io, and you can get these lovely capsules that can be... I've got it's been right up there, Chris. There you go, there you go. There's videos of them put through hydraulic presses, and they hold up and you can access your material, your key material, no problem.
Starting point is 01:18:08 So they're pretty badass, and you can get them personally engraved as well. So check them out. They're fantastic. So also make sure you follow Coin Joined. Coin Joined is the full Twitter handle, but top-tier chef's kiss memes coming out of that one. Make sure you check it out. Coin Dad, I'll go to you. final thoughts and where would you like to point people towards uh go ahead i would love to say that i don't want to shill myself but it's a non-profit so uh with that said i'm not taking any salary
Starting point is 01:18:46 until the facility's built and the grand opening is done uh so i'm working for free the other two directors are also working for free for the next i don't know how many months until the facility is open and then depending on how much comes in that's where we're going to sit down and figure out what we all deserve out of it or whatever. But yeah, so Bitcoin Discovery Center.com. There's the QR code. We accept Bitcoin. I don't even if it's 0.0001, any little bit helps. If somebody wants to like not go to Chick-fil-A tomorrow and put that money in there and help us out, I would greatly, greatly appreciate it. Like we spoke about earlier, you know, the PLEBs have a lot to do with Bitcoin growing. So I'm asking for the PLEB community to, to, to, to,
Starting point is 01:19:31 step in with a little bit here and help us out. And even OGs on the OG side or PUPCOs. You know, the Pupco is the big publicly traded companies that are making all these billions of dollars off of Bitcoin. It's good PR to show that you're giving back to the community by helping to preserve its history. And I'm actually doing naming rights. And I think this is kind of a cool idea. But imagine, let's just say somebody donates $50,000 from a PubCo, they will get a two foot by two foot square cemented into the ground of the museum for the life of the museum with the block height and the logo with the company and the name of the person if they want and that way any all the traffic in and out you'll see the blockchain connected on the ground of all the people that
Starting point is 01:20:13 have helped contribute to help build the place so it's it's not just a tax exempt situation but there'll be naming rights involved to anybody that donates 50 grand amazing awesome awesome Ryan I'll go to you last any final thoughts that you have and where would you like to point people towards? Awesome. Firstly, I'd like to say enjoy those cheap sets because it felt like for a minute there we might not be able to get them under 100k and so this is a rare opportunity possibly and Yeah, keep an eye on the nuclear space things are incredibly exciting. There's lots of companies that are up-and-coming up-and-coming SMRs like uranium miners got to give a shout out to Camaco our big premier Canadian uranium mining company and
Starting point is 01:20:57 And yeah, you can follow me on the X and Noster nuclear bitcoins. Like I don't post as much as I would like to. But yeah. Awesome. Awesome. Yeah. If you want to follow these guys, check out the show notes. You can give them a follow.
Starting point is 01:21:15 Make sure you see what they're up to. Tons of great stuff coming out of them. Gentlemen, I want to say a big thank you for you guys coming and joining. I love the collection there. Man, this is sick. This is educational too. It's a part of it. We'll be selling these in the storefront.
Starting point is 01:21:31 But yeah, how? I'm jealous of the fee. This right here. This one, this is a $10,000 card that I pulled and it became a gem mint 10 from PSA of Hal Finney. 10 grand. This is crazy. Like, there's scarcity because Aladdin from base trading cards is using the same concept as Bitcoin by having them scarce of just 21,000 packs a year. Yeah.
Starting point is 01:21:53 I mean, you understand it? I heard like that magic is getting some. grief right now because they were oversaturating the market Chris got his cards ha ha there you go yeah speaking of which Bitcoin on what you're talking about Ryan Pokemon cards just surpassed 76 billion cards printed since 1999 just like the US dollar they just keep printing more yeah did you hear there was a scam that someone there were some people like pilfering them off the line and then selling like the rare ones there's always scams just always something just like there's always yeah just like
Starting point is 01:22:26 Like even in our role. Monopoly. There's always something. Someone always finds. We'll give a shout out here actually while we're at it to based trading cards. I love these. I've got my own little collection. I was stoked to be, I think, second round I was in there.
Starting point is 01:22:46 You were an S2. Yeah. So I was pretty stoked about that. So the story of my card, I pulled one of the four. one of the foil cards of mine. I was sorry, I didn't, I didn't pull my own foil card at the conference in I think 20, 23.
Starting point is 01:23:04 But somebody else did, Big Sean Harris. He pulled my card and then he ran up to me and he's like, I got your card and he like gave it to me. I was like, oh, amazing. Because I wanted to like, I mean, I collected like Marvel cards and stuff like that as a kid. So I was very excited to be like on a card.
Starting point is 01:23:22 And so I, you know, I was very excited. I had it with me. And then I was at like the after party for the conference and somebody stole my credit card out of my pocket, but also in the process of that must have swiped the card as well. And I was more upset, much more upset about the card. So I was really, really sad about it. And it was like, I think there's like 500 of the foils or something. But I told this story online. and one of the people that have been collecting these cards as well
Starting point is 01:23:58 had my foil card number one of 500 gifted it to me at the next event. Yeah, it was, I was so excited about it. So anyways, now I've got my own card, one of 500 sitting up on the shelf in a little case. So shout out to the amazing club that did that for me. The plebs do matter. It was seen.
Starting point is 01:24:22 I bet the kids that has been the kids are going to love that yeah yeah oh there you go so this is only 21 cards in the world and I had it in my pocket at in Vegas hoping to run into Ross Albrecht and my wife and I eating breakfast and she's like look babe there's somebody that looks like Ross sitting next to us it was him but he's got his wife he's eating breakfast got his Navy SEAL security guy behind him and and his mom and I'm like I didn't want to interrupt them so I went to the security guard and come to find out me and him were stationed in the same army base in Afghanistan together his wife just like my wife is also ex-military that we met in the war zone so we clicked on that and then he took me and introduced me to ross and then he signed
Starting point is 01:25:07 the first signature out of jail after trump got him out so that he signed for me this is a sick card right here and a cool story behind that's incredible um I am I just wanted to, again, thank you guys for being on the show. This was fantastic. Everybody give them a follow. And I'll also say it's always fun to come and chat about all of this stuff in and around Bitcoin. But if you have not already taken self-custody and learned the tools, please do. You are missing out on the main value proposition of Bitcoin if you are not.
Starting point is 01:25:47 So peruse through the channel. There's tons of tutorials. Head over to BTCsessions.ca. There is a learn page that will help kind of guide you through. And if you need some additional help, of course, there's BTC mentor, and I'll play a clip for that at the end of the show here. Thank you all very much. Chris, Coin Dad, Ryan, thank you guys for being here.
Starting point is 01:26:09 Have a great rest of your evening. Thank you for having me. Cheers, guys. Later. When I first got into Bitcoin, I was overwhelmed. The jargon, the security risks, the fear that one mistake could cost everything. I remember staring at my screen and wondering, are my keys safe?
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