BTC Sessions - LIVE: MSTR Earnings Update, Bitcoin $60k + Binance Fears — What Next?

Episode Date: February 6, 2026

MSTR just dropped its earnings, Bitcoin is holding around $65K, and fresh concerns are rising about Binance. What does it all mean for the next move in the market? Join BTC Sessions live as we break down everything investors need to know right now.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 ABUNDANT 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

Bitcoin is getting absolutely crushed right now. We are actually at the fourth most oversold level in history. And of course, all of the gains since the 2024 presidential election have been wiped out. Now, in the middle of the chaos right now, I've just been watching it, the micro strategy quarterly earnings call is happening. And I've got a bunch of screen grabs that we're going to discuss of What was the mood? What is being said?

How is Sailor kind of approaching everything that's happening right now? And outside of that still, there's all these rumors swirling around Binance users are reporting withdrawal issues, cease and desists supposedly going around. Is it just noise? Or are we staring down another FTX style moment? Because that was the worst moment of the last bear market. So today, let's break it all down. We're going to get rolling right away. I'm Ben with the BTC sessions.

This is your weekly session. All right, I want to welcome to the stage. My co-hosts with the most, Mr. Nathan Fitzsimmons, BDC mentor. How you doing, man? I was wrong, Ben. I was dead wrong. Bitcoin, no, stay humble, stack, sats. I was not humble enough.

It appears that the four-year cycle is very much still intact. Was it nearly as exciting as I would want to be on the upside? But here we are going into a wonderful drawdown, a beautiful bear market for building. But even more important than that, dude, Did you see the post today, I think, from Joe Nakamoto regarding what's going on in France? Yes. It's very scary. And, yeah, everybody, please stick around because it's super important to realize, like, how dangerous some of these situations can be as Bitcoiners.

So you've got to be diligent. But let's start today with what's going on the... What's going on in the earnings call? I don't know what just happened, but then we'll be right back with us. I see him backstage there. It's a little bit of fun while I fill up the airtime. Welcome back, sir. I see we exited the wrong window.

I don't know what happened there. But nonetheless, I'm going to do. It's another thing indicating that we've got a bare market. Even Sessions has connection issues. Yeah, exactly, exactly. So either way, let's chat about what's going on in the market right now and kind of go through that to what is going on on this micro strategy earnings call. Because, I mean, they've got to be feeling the pinch too.

Oh, yeah. I think that's a gross understatement. Yes, absolutely. Absolutely. Again, it's been a very interesting start of the year for Mr. Saylor. But nonetheless, again, here's the chart. Bitcoin has erased all gains since the 2020 for election. It's actually far below that right now. What are we sitting at? I think we're back up at 63. It was 62. I saw about an hour ago. 64. Hey, a little bit of a bounce.

Yeah, we got a bit of a bounce. Don't get too excited. 58K is inevitable. Inevitability. But yeah, so erased all the gains because it went up to 72, like immediately post-election. I found out making just over 70. Here's the fourth most oversold day in history happening as of now. So this is the RSI or the Relative Strength Index. And basically, yeah, we are looking at the fourth worst day in history. So lots and lots of selling, it doesn't mean it can't get worse, but just to kind of give you an idea of kind of how bad we're sitting. Now, Mr. Peter Brandt, this is the guy that created and invented a popular analysis tool called Bollinger bands.

And he speculates that Bitcoin is going somewhere between 58K to 62K, which we did go to. We have already, we've already breached 62K. So that's, again, 58K gang will have one final celebration, one final. I'm getting ahead of myself. Yeah. And so he thinks that we are headed there. That's not a far shot. I wouldn't be surprised.

Going into the weekend with thin liquidity as well too. Yeah. Maybe set up those buy orders, guys. I don't have any fee up. But if you do, I would, even for the lulls. All that's in my mind is the meme from Diehard, the welcome to the party pal, as he looks at the guy that got thrown at the window. Yep.

That's it. Yeah. So again, Bitcoin selling pressure concentrated on Coinbase over this past six hours. Now, this is from earlier today. More than 19,000 Bitcoin were traded on Coinbase alone, unprecedented volume, and larger than the 1010 sell-off. Yeah. Yeah, continuing more.

Well, they want to get to me that that's probably North American selling as well too. Then it's probably US trading. Yeah. Yeah, exactly. Now, there's also some other interesting things that are going around as all of this is happening. And one of them is people are kind of chirping about tether because it's not quite pegged to that dollar as it normally should be. And so just peeking at the feed here.

It actually lost its peg back in December, mid-December. And it's kind of been peaking below there for a little bit. Not like massively. So if you look, it's, you know, it's like 99.8 cents or something like that. But it has been off its peg and has not been able to reattain it. Now, the CTO, Palo, is saying Fudd is making good money to few traders, seems firms buying USDT for less than $1 on Crack and then selling it for more than a dollar on BitFinex or redeeming on tether.to for exactly a dollar.

But yeah, so it has been, it's at its weakest compared to the peg in over five years. Now, I don't know that a full, as this tweet says, a full untethering could hit soon. but again, 87% of trading volume flows through USDT. So that would be a big deal. Either way, like, I mean, people need to realize what these things are, right? It's a digital representation of a real, maybe real dollar in a bank account somewhere or like a U.S. treasury or something like that. But it's still a promise and promises can be broken.

So you need to be cognizant of that. You don't want to be parking all of your wealth in stable coins. and when you're using a stable coin is very, very different from Bitcoin. Bitcoin is the thing. So if you have the thing in self-custody, you just have the thing. Tether is a representation of the thing.

So if you have tether in self-custody, you do not have the thing. It's a redeemable token for the actual underlying dollars. So just make sure you have that clear in your mind if you are dealing with it. Any thoughts on that? this, Nathan, before I move on here?

No, I just immediately pulled up because I was kind of curious how other like traditional safe haven assets were performing. I just went to look at the two-year treasury here, which is the yield is down, so the bond price is up there. And I'm not saying this, but the immediate thoughts, like, tether's like a dollar equivalent. I wonder for seeing people move out of dollar equivalents into like treasuries

or something else as well, too. There's no way of knowing that, but I'm curious why you're seeing the tether price. It could just be people trying to manipulate it and try and capture that arbitrage. But yeah, I just find it, it's interesting because we now have to group tether into this dollar kind of equivalent bucket right it's another dollar derivative so so i was trying to see what else has been reacting and how so but it looks like a little bit at least

to move into treasuries fair enough fair enough now i do want to get into again the micro strategy quarterly earnings call is going on there's i was popped into it i was listening and um and yeah it's uh i can i can feel that there's an interesting vibe in the room It's definitely trickier. A lot of it was just like projections on, hey, if we're able to, I mean, the whole thesis that they have is if we're able to sell digital credit and then buy Bitcoin with it, then we can make money. That's basically it. It's like get people to buy our STRC stretch. I think they refer to it as.

and basically it's it's credit and they will give you dividends the dividends can fluctuate but if people don't want it then they will up the dividend to entice people to buy it so right now they're having to up the dividend to get people to buy it and then when people buy it they take the dollars that they've given them and then they go buy bitcoin and then they pay so what they pay the dividend out of a variety of things. One of them is from what has been paid in, you know, for the liquidity that they get for the actual dividend. So a chunk of it goes to buy Bitcoin and then they also have like a few billion war chest of just point five, I believe right now. Yeah. So they've got a bunch of dollars sitting around. They can also take it from the actual

business, you know, micro strategy actually the operating business that most people don't really pay attention to anymore. But hey, it was more profitable. I saw. I think it was up 1.9%. That little software business is still chugging along, lower than inflation, but still growing. Yeah. Yeah.

So nonetheless, they can pull it from there. They did say that they also pull it from new people buying STRC. And then they said, they could feasibly use the Bitcoin if they needed. So that's where it's at. Nonetheless, let's chat a little bit. I mean, here's Sailor preaching to the choir, hoddle. But let's take a look at some of the screen grabs that I got from the chat.

So when Sailor came on, one of the first things he said is, let's take a look at the environment, the regulatory environment. And he showed this screen grab of the current administration. And in particular, these are people in the current administration that are favorable to Bitcoin, including obviously the president himself. When I look at this, I see one major problem. And that... They were all on Epstein's list.

That's two major. major problems. The big thing is this is very dependent on this continuing. And there's an election in two years. There's midterms this year. Right. How are they polling? Yeah.

I mean, so here's the thing. We're going to be chatting about some of the Epstein stuff in the second segment. But like, I very much worry about the regulatory whiplash that. would happen if the Democrats are elected in two years. Because because this administration was not only just like Bitcoin, but like crypto heavy and like speculation and launching meme coins and all kinds of problems. Yep, CBDC stable coins. Yeah.

Like what do you think? I mean, Elizabeth Warren may get her army. like that's the kind of level of whiplash that I think. And it's, I mean, people know what it's like now. You're on one extreme or the other, and there's no seating ground and admitting if there's a problem on your own side or if there's a good point on the other side. It's like, no, we need to be completely divided on everything.

And so with that in mind, what do you think administration on the other side of the aisle is going to be, given the position of the current administration, it will be Operation Choke Point 3.0 like we've never seen. It will be regulated, clamped down on it, get rid of it. Like it wouldn't be favorable. So like when I see this as like the leading, you know, hey, look how great everything is. Like, yeah, well, for how long, man, for how long? So that was one.

Yep. He goes on to talk about the various acts, Clarity Act, Genius Act. Speaking of the Clarity Act, here's Polly Market. It's polling around what, 60, just 63%. Yes is somewhere around their chance of it getting signed into law. I wouldn't be surprised to see this happen. But I mean, it's all kind of, it's stable coin stuff. It's, I don't, people will get, the crypto industry will get bullish about it.

I don't give a shit either way, to be honest. I don't know how you feel about it, Nathan. I have mean words to say about them. I am increasingly more skeptical of anything that is. We're historically I would have said, like, you know, stable coins might be an entry point for some people. A lot of the world wants USD and they're not really necessarily familiar with these sort of things yet.

I've got to have gone beyond that. I'm spending too much time with Mr. Dixon. Everything is an attack, and if it's not Bitcoin, I hate it. That's a, I mean, that's a pretty good stance to take. I feel like that's a safe position. Is it Bitcoin in self-custody? No, then it sucks and I don't want it. Yeah.

I mean, chat, let us know. Do you agree? Everything is awful. Everything's an attack. Bitcoin in self-custy or bust. That's right. Yeah. Yeah.

I mean, I think that's a pretty solid opinion to hold. Saylor goes on to chat about big banks embracing Bitcoin. And he has this little breakdown of like which banks are allowing for the ETF, which is like most of them. some way, shape, or form. Which banks are issuing credit against the ETF, which, like, I'm already uncomfortable. Trading Bitcoin, cussing Bitcoin for their customers. He just does a breakdown.

He said, like, 18 months ago, this was basically blank, and now it's changed massively. Fair. And, you know, from his perspective, probably pretty bullish because he's, he's. saying like something that was probably considered to many difficult to obtain before now is presented to them in a format that they can recognize. I'll push back. It was never difficult. Everybody can learn these tools.

Now maybe for a company structure, absolutely. But I think that was, there's a, you know, I'm reflecting on a lot of the narratives and I'll talk more about a little bit later, but I think we were wrong about this. I think this is what we're, this is kind of what we're seeing right now is that we didn't need the We still don't. That's true. That is very true. I, yeah, I've, since the ETF launch, it's, I feel like it's just been net negative the

whole time. Me too. I think it, I think it fucking sucks. If you don't think there's paper Bitcoin out there, I don't know what to tell you, but I am not a fan of the institutional stuff. I think, uh, it was a nice, a bit of a nice fairy tale like, oh, everybody's going to buy it. Well, I mean, they're going to buy some. Maybe. And then they're going to issue a bunch more on top of that.

Now, I will say, Bitcoin's very efficient at pointing out fuckery. And maybe a little bit of that's going down right now or could go down as a result of where the price is at right now. I'd love to see that. I'd love to see some of these guys get wiped out that are, you know, being sneaky and cute in the background. I think that that's inevitable, right? Like it's that part of it, the, oh, we can we can do fiat things with non-fiat. I think that part is going to really sting for some people. So he also goes on to kind of show exchanges, number of accounts with various trading access.

So he's talking about exchanges, neo-banks, and then brokerages, banks, wealth management. And I mean, sure, these numbers, but I mean, like, what does this really mean? Like, it's it's like the number when they're, when, when you hear, oh, this many people have used or owned Bitcoin. And it's like, to what degree? Like, do you count it if somebody signed up for Coinbase answered four questions and got like five sats for it or some other shit coin. I mean, that would get counted in that metric. And so, yeah, like, yeah, there's maybe a bunch of accounts and stuff like this. But to me, this type of institutional stuff, again, it makes me uneasy because it's so ripe for manipulation.

Same thing. Companies accumulating Bitcoin on their balance sheet, 1.1 million Bitcoin acquired. Okay. Yeah, so 194 company. Now, the interesting thing is I know that there's some companies that kind of mess around with this and do funky things. Oh, we're a treasury company, but also like we're taking the Bitcoin and doing funky things with it after the fact. I don't know. So I just, I look at this and I'm not super bullish on it.

Now, the other thing that he was talking about was IPOs of like Bitcoin-related companies. The funny thing about this one is they showed Gemini on this list. Like, oh, look, Gemini did an IPO. That's really cool. And then it's like Gemini being like, yo, just so you know, we're going to be ceasing operations in the United Kingdom, not just the UK, but all of Europe. And I think, oh, geez, all of Europe and I believe is also coming in Australia as well, too, if I'm not mistaken. It seems that Ben has really pissed off the high table at this point in time because they keep kicking them off the server. I don't know what is going on, man, but I'm still here.

Yeah, so anyways, they're leaving Europe. They're leaving yet another country and cutting like a quarter of their workforce. So, I mean, kind of a funny, I get why they included it, but just the timing is not idea. That's great. Not great. Yeah, yeah. I did like the flood, the flood point, you know, all the stuff that is, you know, functionality, Ponzi, volatility, critical, I mean, volatility is still, maybe that one's still alive and kicking. Updated the slide on that one.

Yeah, 51% attacks, latency, storage bloat. I mean, hmm. But yeah, the latest is the quantum stuff. Yeah, and so he kind of laid that out. nonetheless, what I'm getting at here is I could feel the vibe in the room. It was a tricky one, that's for sure. You know, I didn't get to listen to everything, but a lot of it was heavy reliance on this is still a favorable environment in the U.S.

And that, I don't know, you might have a couple of years. There are midterms as well, but I don't think it will turn. explicitly negative with the midterms, but it can also be indicative of what could be coming in 2028, or I guess it would, you know, the new administration would start 2029, but nonetheless, I'd be a little bit on edge if that's kind of your main thing for kind of looking forward to the future.

Either way, it's been an interesting one. And in terms of FUD, there was a glaring omission from that list, which is Jeffrey Epstein invented Bitcoin. So we're going to tackle a little bit of that on the other side of the break here. You had a very recent chat with an individual by the name of Simon Dixon. And you guys covered a bunch of this stuff, didn't you? We did. We really got into it. You know, one thing I want to jump back on, too, is this there's one thing like you,

there's something that's like bother me. It's itching at me regarding kind of the presentation that earned. call. And you're right. It's there, it feels to me like narrative construction. Like we're trying to create a bullish narrative. And the one that they're going with is governments and corporations are all here. Kind of familiar. We've seen this before. But there's a glaring problem with that. Now, this always tends to be the case because every cycle, and it appears like we're still in one. With every cycle, there's always a story. We had like the, the ICO craze. And then 2021 was like the corporations with micro strategy in 2020 were coming in here. All the corporations are rushing in.

And this one was a lot around the government coming in as well, too. But there's a glaring, obvious problem with trying to construct a bullish narrative for Bitcoin around government and bank adoption. And that's that we kill both of those things, right? It reminds me of the idea of like, if you try to think that the earth, the sun revolves around the earth, nothing makes sense. But as soon as you put the sun at the center of the solar system, all of a sudden everything makes sense. We can account for like Mars retrograde and stuff just kind of falls into place. We're looking for a reason to be bullish. We're looking for a narrative to pump the bags. And I totally get that. But it's not going to be this. This is like you said, it's shaky found

Because as soon as the banks don't want it anymore, or they're doing something else, they're moving on the stable coins and doing some shenanigans, or the governments turn unfavorable, well, then that whole narrative pulls apart. There is an unbelievably bullish narrative for Bitcoin. It's incredibly bullish in terms of the tools, the tech, the privacy tech that we have coming on board. We have new communications like BitChat and Noster, and we got Feddy and, like, we're growing in adoption. Bitcoin is unbelievably bullish. But if you're setting up Bitcoin's, you know, appreciation and network growth based on the idea that, governments are going to use it, and we're going to do banking credit and shenanigans on top of it, is why you think that this thing has value. You cannot square that circle. And this goes to the

same problem that he never puts Bitcoin in the category of a currency. It doesn't compete with the US dollar. Cover the kids' ears. Yes, it fucking does. Not only does it compete with the US dollar, it will take that, I was going to go a little bit harder. It'll take that terrible thing out at some point in time as well, too. It is the fix. It fixes our society, our communities, our money. it fixes our relationships and our health because we screwed up this fundamental protocol. There is so much there. But again, if you're setting up that like the Trump administration likes Bitcoin, therefore it will pump the price, therefore I can do more credit. You're setting yourself up for failure at some point because it's not like Republicans and like, there's just say advance wins for like the next year, eight years afterwards.

You think you're going to keep that train rolling indefinitely. You're building it on a house of cards because you're not building a narrative or communicating what it actively actually is. And I think that's why this just grinds my gear so much. Sorry for the rant. No, no, no. I mean, it's, it's right. I don't think that this is the winning narrative. You know, it's if anything, and I kind of said this during the election, it's like, okay, I mean, it's nice to have somebody that's not going to actively attack you for using Bitcoin.

But don't treat that as a, we made it. treat it as it's buying you time. It's buying you time between now and when the next horrible administration decides to attack Bitcoin. This is the time. You got a couple years and there very well could be somebody that just gets in there and makes your life much more difficult. So plan accordingly.

But Bitcoin was also built for this. I just got to add to, by the way, for anybody who hasn't checked it out, last night's Why Are We Bullish was absolutely phenomenal. It's something that Brandon Quentin was hitting on. And we talk about like, what's the next big wave of adoption? He was hinting. He was laying out that we're not at the peak for the fourth turning it. And I tend to agree.

And as much as it sucks, pain is when you're trying to find new routes to find new tools to try and fix the situation. It motivates you to act. That's probably the next big wave of adoption is whatever the top of this fourth turning is going to look like. That's probably the winning narrative when people need Bitcoin. Like they did in 2008. like the truckers did during the protest. It's when people need Bitcoin,

not only think they're going to issue credit and just get super stupid rich off the Fiat Cades. Yeah, yeah, exactly. Yeah, please go check out last night's Why Are We Bullish. Odell, Brandon, quit him. Why am I completely? Guy, Mother, Spahn. Guy Swan, 15 episodes.

That's pretty wild. And it was the second last episode of Why Are We Bullish? Mm-hmm. There will be something awesome in its stead. And I'm not saying that it never comes back. I'm just saying that it'll be when we feel like doing it. I've been doing it for years. I did it through multiple bear markets.

And I just need a little palate cleanser. I need something new. And we've got maybe a couple familiar faces popping in there and being regulars. So should be a good time. Either way, we'll be back in a minute. We're going to talk about. The inception of Bitcoin as foretold by Jeffrey Epstein. We'll see you guys in just a second.

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All right, we are back and here is an email. Email, apparently, to Greg. Glenn? Yeah, to Greg Maxwell from Jeffrey Epstein. Highbine Jisleine the Satoshi pseudonym is working perfectly

Our little digital gold mine is ready for the world funding secured from Jeffrey there's unsealed case number or so and so forth Yeah this is bullshit You guys just so you know

Community noted This is fake There are two two lines The email address Jay Epstein at financial dot net does not appear anywhere in the release files. There is no reason for a screenshot of an email to have a grainy discoloration.

I know. I love that I put the tea bag on it, making the cold. Seriously. An unsealed stamp on a digital file. Yeah, so that is not real. Just so, you know. Now, Alan Farrington was having some fun with this being facetious here. Oh, good.

I don't want people to panic, but I think I might have found where Epstein influenced core development. Has anybody noticed this before? First of all, special VIP recovery, do not remove op-diddle kids. Good Lord. Good, good Lord. Yeah. God.

Let's see. Hard-coded address and consensus, critical code path. Yeah. So, yeah, pretty, I mean, I found this funny. Oh, God. And Chris, Chris with the worst reply ever, Epstein was principal. author behind parent pays for child transactions. Okay, for anyone that, yeah, Van, can you explain that one for what that actually is?

It's just, it's computer science vernacular. It just happens to kind of go that way, like slave master. There's not any connotation there. It's just the terminology. Child pays for parent transactions is when you have an unconfirmed transaction, and then you want to spend those funds, and you do. And then you, at a time, you at a time, you, attach a fee that will help make sure that the previous transaction also gets confirmed. So it's like if it was a low fee and it's not. Yeah, exactly. The parent transaction of the money coming in, the child transaction is the next one going

out. So you can kind of lift the additional fee to help subsidize it. Yeah, we're both getting this child. I got brooded off. It's got to be a restream issue or something going on in the back end. Yeah, there's something funky going on. So either way, we'll power on. We're still here.

So if we do chop, don't go anywhere because we're going to be around and we'll keep going. Nonetheless, this is an interesting one from Caitlin Long. I got to interview her a while back and she alluded to some stuff. She knew some of the bad stuff happening in the background. Caitlin Long, as everyone digest the newest Epsine file bombshells, let me add a very small puzzle piece. I've discussed previously how I've been sitting on a couple of things. of bombshells, would it surprise you to learn? One pertains to someone who showed up in the Epstein files, corruption everywhere. She, I've, I'm dying to know what the deal is here. That's interesting.

Gonna have to call Caitlin and find out what's going on there. Just, hey, let me in on it. I promise I don't put it on the live stream. You might be live right now. Yeah, exactly. Now, this is also an interesting one here over at Bitcoin News. Epstein email claims the Gold in Fort Knox is completely missing an email from the Epstein file. Sites a report allegedly prepared for Vladimir Putin by Russia's Federal Security Service, claims former International Monetary Fund, Chief Dominique Strauss-Kahn, uncovered evidence that U.S. gold reserves at Fort Knox were missing or unaccounted for. I mean, I don't think that's going to surprise anyone in the room watching this show.

According to the report, Stras Kahn, grew concerned after the U.S. allegedly stalled delivery of 191, 1.3 tons of gold owed to the IMF under a 1970 agreement to fund SDRs. I mean, that's post-Nixon. Yeah, not surprising. It further alleges that after raising concerns with officials tied to Barack Obama, Strauss-Conn was shown evidence by rogue elements within the CIA that the gold was gone. Strauss-Con was later charged and jailed in the U.S. for sex crimes on May 14th, after his discovery about Fort Knox.

Convenient. Very convenient. Wow. Okay. Now, one of the things that is that really gets me disillusioned about all this stuff, is that nothing will be done. No, that's one of the worst parts, yeah.

Yeah. I wanted to share this little cartoon that I saw, I thought it was funny, but it's also very disheartening because it's so true. So let's, I guess we'll just have a, are we laughing? Let's have a, let's, it's, it's a gallows humor. Let's all have a laugh together. Yeah, here we go.

We have a response to these new Epstein emails that show that Trump, he did it. Who? Trump did it. Did what? He did everything you guys are thinking he did. He and Epstein? Yeah. Mm-hmm.

You're not denying it? Nah, fuck it. Oh, and also we killed Epstein and keep him quiet about this whole thing. Which was obviously a waste of time, but, you know. hindsight's 2020 hindsight's 2020 wow i didn't think you'd come out and okay so now that that's out of the way we're so excited to announce that trump is going to

pardon five turkeys this year instead of just one we were just a kind of joke because he's been doing so much pardoning of like criminals that's pretty good yeah that's funny that's um turkeys are funny just move on funny as this this epstein thing yeah nothing's going to happen with that trust but this is above and beyond nah it's not it's not but the democrats they might no they won't look our people are still going to support us no what happens and the Democrats look at me and the Democrats are still just going to do infighting about how the progressives aren't trying to understand where the right is coming from enough and everything's going to go back to normal so just don't worry about it

you know let's just talk turkey it's better that way let's all just just talk turkey okay okay okay let's talk turkey also Trump might have gone down on Bill Clinton Turkey Turkey does the White House have a response yeah definitely saw those rumors floating there as well too. What's so unbelievable, it's, it's hilarious because it hits that it's so unbelievably true. And it reminds me of, again, this is go to like fourth turning peak, not here yet. Um, I think this will just go away. I think people will just forget about this. I hope that that's not the case, but I point to COVID, right? Just sweep all that shit under the rug. Never happened. We're just moving on. Don't worry about it. Nobody will ever be held to account.

Yeah, uh, 100%. Now, um, despite the market turned down and the the fud and all the stuff going on you know it's also a great time to just recognize the people that still don't understand bitcoin um and so all kinds of fun stuff mr brad sherman back in the news this is this is interesting this is brad sherman uh questioning uh treasury secretary scott besson let's take a listen to this fun exchange here was in an eight when powerful uh mr secretary we live through through the bailouts of 2008, when powerful men lose money,

they now want a government bailout. Does the Treasury Department or the various components of the FMOC have the authority to bail out Bitcoin? Could you please elaborate? What exactly does bail out Bitcoin? Okay, could you instruct the banks of this country to buy Bitcoin to buy Bitcoin, or change banking regulations so that,

they are encouraged to do so in terms of the reserves that they're otherwise required to have. Again, within the context of asset diversification within banks, they could hold many assets. They can, and they're different, but do you have the authority to order banks to buy Bitcoin or to invest U.S. tax dollars in Bitcoin or Trump coin? I am Secretary of the Treasury. I do not have the authority to do that. and as chair of FSOCA do not have that authority. So we're not going to see our tax dollars invested in crypto assets. Well, why would a private bank be your tax dollars, Congressman? Excuse me. I'm now asking about the money of our taxpayers, which you manage as Secretary of the Treasury.

Is it going to be deployed into crypto assets? We are retaining C's Bitcoin. That's not exactly taxpayer money. You collect a lot of taxes this month? No, that is an asset of the U.S. It's an asset of the U.S. It was a government. And are you going to invest in? And I will point out.

Mr. Secretary, reclaiming my time. Are you going to invest? The asset seizure that one billion of Bitcoin was seized, $500 million was retained, and that $500 million has become over $15 billion. Gentleman's time has expired. I wonder actually what that $15 billion is right now. I wonder if it's like eight.

Definitely coming around eight. Yep. Yeah, still. I mean, still a solid return, but I don't know exactly how, like, maybe not quite eight, but it depends on exactly what day this exchange was. But yeah, now also in the realm of people not understanding Bitcoin, this is wild. So Jack Mallors, I guess, Strike got a DDoS attack. So anyways, they, it wasn't functioning for a little bit. So again, like custodial platform went down, return to normal afterwards.

You know, get self-custody. It's important. Nonetheless, this dude, Aaron Day, I was, I feel like I've seen this guy around before, but like what an idiot take this is? I don't understand Bitcoin fixes this. Wait, what? And Mallor's replied, there he is, Bitcoin and my company are two very different things, brother. Nothing to do with Bitcoin.

Can't tell if you're. incompetent or malicious but either way tough scene i just and like everybody like remarkably it does fix this because it's not in custody of i just i don't every time we say like we're so early and everyone goes like no we're not early black rock is here and blah blah blah blah blah blah blah blah blah we know they're we know we are we are people can buy things and not understand what they buy and we've seen that throughout history that's probably the reason that they call it like they bring back the stupid tulips me media stuff all the time is because we see this pattern in human history.

That's somebody who has not wanting a shit coin bags to pump. I check that out. But that's someone who does not understand Bitcoin. And funny enough, funny enough, this actually could fix DDoSing. That could be a thing. If you had to pay a couple sets before you could make a request, right? You could put the friction of adding Bitcoin to actually access the website. That would fix this because that would impose a cost on trying to request their servers.

But he doesn't know that because he doesn't understand shit. Indeed. This isn't eloquent. Have you given any thought to deleting this post to avoid any further embarrassment? So good. And also we have seeking alpha, Bitcoin's price target at zero. You heard the alpha here first. This is the CMO at Pivotus partner.

I don't even know who they are. Our BTC price target is zero. That's not just for shock factor. Are you sure about that? Are you sure about that? Let's the short. Let me see it. It's where the math takes us, the strategist said, noting that Bitcoin has failed to function

as a dollar hedge and instead operates as a speculative instrument correlated to the NASDAQ. I mean, the correlation with that is not. I can't jump in immediately. It failed as a dollar hedge and is correlated to the NASDAQ. You still don't understand what it's trying to do because as a money, I can tell you, it works very well. It's extremely well. Yeah. Now, the thing that got me in this article was like, man, I've heard this term so much.

Death spiral, a Bitcoin spiral. Man, the amount of death spirals I've not died through is impressive. Bitcoin has not died through many a death spiral proclaimed by many people that Bitcoin would die. And here we are. Still, still at it. I don't know. Still spiraling, I guess. Yeah.

But speaking of custody, all kinds of stuff swirling around Binance, all kinds of stuff. Now, actually, we're going to attack both sides of this, self-custody and custody, because there's risks on both ends and you need to be cognizant of them. You started off the show mentioning stuff going on in France too. And it's very serious, very important. We need to pay attention to it. But we're also going to take a look at what, what if anything, is going on with Binance?

So we'll be back in just a moment to touch on that. Don't go anywhere. Drop a like on the video if you're enjoying the conversation. If you're brand new here, make sure you're subscribed. See you guys in just a sec. Looking for a simple and secure way to manage your Bitcoin on mobile, Aqua wallet has you covered. It's user-friendly and puts you in full control of your Bitcoin with secure cell custody.

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No private info needed. Take control of your Bitcoin today. Click the link in the show notes or scan the QR code on the screen to check out the HoneyBadger plan. Debify is the best and easiest way to borrow against your Bitcoin in a non-custodial way. Funds are held in a multi-sig escrow where you hold a key, and the platform allows for excellent hardware like decode. card mark four and the queue you have access to flexible conditions the best rates and institutional

grade liquidity if you're looking to make use of your capital don't sell your bitcoin borrow against it you can head over to debify.com to check them out or simply scan the QR code on the screen all right reports swirling of difficulties withdrawing binance itself saying we are aware of some technical difficulties affecting withdrawals on the platform. Our team is already working on a fix and services will resume as soon as possible. We appreciate your patience and we'll keep you posted. This was February 2nd, but the chatter online has continued swirling.

So is anything actually going on? And I'll bring up the screen here so you can see the Binance post itself. NVK quote tweeting it saying not your keys, not your Bitcoin, get your funds out, absolutely. Self-custody is king. otherwise you are at the whims of whatever platform you are on. Some people not understanding the message, Trezor saying in case you need it, moving from Binance to Trezor and linking to their guide on doing so,

dude quote tweeting it and saying, sorry, I'm trusting Binance a bit more than you. Oh my God, guys, it's 2026. Like, what are we doing here? What are we doing here? You don't need to trust Trezor. Like, yes, there's a hardware device. You should make sure, like, you know, can you audit the code? Like, how is it built?

Is this a secure element? Those types of things, things to consider. But at the end of the day, these things are designed to eliminate third party trust. right you know don't trust finance more you're what he's saying is i trust binance more than myself and that is a bad move every time with whatever the third party custodian is bad times are coming Nathan how do you feel about that i just want to keep hammering this narrative button as well too because immediately the first thing they jump to mind is like okay if you if you're not thinking about bitcoin about what it's real mission with real purposes but we're going to actually

use it for in the future. You're still thinking in terms of like banks are going to have it and stuff as well too. Then you're like, oh, well, like an exchange is just another bank. That's setting you up for failure. It's that you don't have to trust anybody. Like learn the tools, get in power. That's somebody who's clearly in it for just the Fiat gains. Hasn't realize the broader mission, the freedom go up aspect as well too. I see the chat rightfully pointing out the problem. And there's your problem. Crypto-Hodler. You see crypto in the name, it can be telling. Yes.

Stumpy's like calls it out right away. I understand you probably, oh, he did some digging. He holds fart coin and XRP. There's no hope. XRP was down 25% of one point in time. The purging fire is beautiful. I love to see it. I think it's only, I was double checking.

I wanted to do a little bit of victory lap on those XRP retards. And I think they're currently sitting down about 19% on the day. So bring it lower. Get rid of them all. Purge it out. Wild. Now, when you actually search up Binance, there's just so much swirling. So, like, the long and the short of it is, there's nothing decisive here.

That being said, you shouldn't, if you have money sitting on Binance, you shouldn't be like, I guess I'm fine. That's the wrong sentiment. The sentiment should be, I should learn self-custody. Oh, but Ben, what if you have it on Coinbase or Cracken or Gemini? All of them. All of them. or you know use something like bull bitcoin where you don't even where you don't even have

them take custody of anything like it's again like you got bull you got bitcoin well you've got a whole bunch of different options where you can just immediately take self-custy where they never hold the bitcoin for you but if it is a place where they do hold it get it out um that that's that's the lesson here now i okay so there's been some of this uh let's uh let's looks like it's all unfolding and the truth is coming out, Binance and Solvent. And they're showing this cease and desist letter to a Twitter user, you know, talking about, oh, this is going to be worse than the FTX collapse. However, that's fake.

Yeah, they came out and they said like, this is not real. Binance themselves. came out and said, hey, not us. So, yeah, there's a ton of this stuff. This screenshot also fake. CZ, you know, messaging saying like, take this down or we're going to do a cease and desist. Also fake. So I don't know, man.

I still don't trust them. But there's also a lot of bullshit floating around. What are you talking about? Bullshit floating around. Jeffrey Abstaniya Satoshi. Quantum is going to take us out. Yeah. We had recently.

It's been, this seems like, fight up to foot. Now we got finances, Binances insolvent. We've got tether is depegging. We've got everything in the books coming out in terms of foot. I'm not saying it's coordinated,

but it wouldn't really look any different if it was. Yeah. Yeah. It's, when these, when these downturns hit, everybody is, it's like,

it's the Spider-Man meme. Everybody's pointing at each other. Sometimes, rightfully so, the bodies do float to the surface during times like this. So we are going to see who's swimming with their pants down. Yeah,

it should be interesting. Either way, but some solace for you guys, Bitcoin's not the only thing that's been taking a dump. Silver. This was just from yesterday, but silver prices crashed 22% in two hours, now dropping

below 74 an ounce. So, yeah, I mean, metals are getting shit on here as well. Furthermore, this is interesting. FTA fraud. Silver's down at 67 right now. I just pulled it up.

Oh, shit. What was it at in the shot here? No, it's down since that screenshot. Yeah. Okay, it was 73 here, almost 74. Now we're at 67. Okay, well, I mean, so, I mean,

the precious metals people are going to understand this feeling, right? The problem for them is that they waited so long for vindication. And then the vindication came and now it's getting wiped out so quickly. Like I know they're still doing well for the past calendar year or whatever. But like, you know, it's got to hurt being like I waited decades. You know, like I know that gold had a good run during the financial crisis. but then people basically waited for years.

Until now, I guess it was decades. It was decades. It was an 80% drawdown. I was talking with Simon about it. I think it was like 2008, 2009, but it basically peaked in around that time. And then it was an 80% drawdown and it just hung out there. Wow.

Yeah, because the 08 financial crisis. Man, I feel old as shit right now. Like, oh, that was almost two decades ago. Oh, oh, right? Oh, that hurts. I know. I know. Oof.

But yeah, I mean, gold, you know, went for a ride then and then just kind of shot the bed forever. And then people wait. And then finally ended 2025 into 2026. It's like, holy crap. Finally. And then, you know, you start to see this shit. And it's like, are you going to be waiting forever again? You know, Bitcoin didn't have a super exciting year, but like, you know, this is, we're kind of, we're born into this too.

So, yeah, that's got to be rough. So I was going to show this FTX level fraud. Chinese gold platform freezes. $19 billion worth of investors are locked out. Wow. $19 billion in customer assets, blocking withdrawals and metal delivery. firm offers just 20% compensation. Owner claims, he was set up.

So basically, though, they don't have it. They're willing to give people 20 cents on the dollar for whatever they had. One fifth, not even a quarter. Wow. I mean, again, this is the Bitcoin self-custody thing, but like gold bugs will have said it in the past. You know, get your physical metal. Like it's the same concept relayed to Bitcoin. Bitcoin, it's just much easier to do.

Even then trying to like then sell it or again divide it or have any issues along that. Like for our wonderful Bitcoin audience, guys, this is a great, great opportunity to reach across the aisle to our precious metals friends and bring them into our camp to it, trying to illustrate why. What are the hurdles? Because Lynn Alden's book Broken Money is really good on this. I think even layered money is a good one to kind of get these concepts down as well, too, from Nick Bantia. but there and the Fiat standard as well. There is a reason that Fiat took over from gold. There are shortcomings to precious metals.

Now, they've identified the problem with Fiat. They understand that as well too. And we've rectified those issues with Bitcoin. And so hopefully, because again, we're all fellow travelers on this one. We see the same problem, but we also see the shortcomings of what they're using. It doesn't mean you shouldn't have some. That may be for you. I'm not going to necessarily negate that.

But it's hopefully an opportunity for us to reach across the aisle to the, especially the silver guys, and say, yes, we've been here. this is very familiar for us. Welcome to the club. Come on in. Let's talk about this other thing that might be of value to you in the future as well. Yeah.

Honestly, like at this point, yeah, I may disagree with the medium, but we both understand the problem and that is fiat currency and by and large, out of control governments.

We may disagree on the medium, but we're aligned on the mission. Exactly. Exactly. Let's change, Well, not too much change tune because out of control governments. Canada, our favorite section, Canada sucks, brief today. But economist says Canada's economy is on life support.

Rosenberg Research says that the Canadian economy is on life support and that the economy probably shrank in two of the past three quarters. And we are on a clear recession watch for 2006. It's barely better than a 1% annualized growth performance. performance. And although the population trends have slowed with the immigration rule changes, real per capita GDP in Canada is still declining. That has not been arrested. So pre-bable exports are lower today, the level of exports than they were in the spring of 2022. And they're also running negative year on year. Manufacturing I mentioned and industrial

production running negative year on year. That's telling you that as weak as the Canadian dollar has been up until recently, it's probably not weak enough. You know the call it structural issues with the economy are developments that transcend the power of the central bank. But at the same time, if I were in Ottawa and I were in issues, I would be doing all it possibly can. Yeah. Now, NVK said, it's easy to fix Canada. Cut services, lower taxes.

Okay, fair. But I've got a better solution. Leave. Leave. Yeah. I'm super keen on this happening. And it continues to roll forward. Alberta separation, super keen on that.

We've been chatting to a few people, teaching them about Bitcoin. Funny enough, precious metals people, talking to them about Bitcoin, getting them set up, getting them set up with censorship-resistant money and censorship-resistant social networking, sent people up on Nostr and everything. And just kind of making sure that if Canada doesn't like what Alberta is doing, they can't shut down finances and they can't shut down speech. So, I mean, there's your solution. Yeah, I've never been more bearish on the Canadian economy.

You think it's bad now. We don't lose the oil and gas sector in Alberta as well as most productive and the youngest population as well too. So Canada, can you short a country? You should short a country. Not financial advice, but if you can short, I had short Canada. I had short Canada. Things are, on that note, things are really heating up to, which is super interesting.

It's kind of the first they ignore you, then they laugh you, then they fight you. And man, oh man, the vitriol that has been coming out of BC's David Eby and just like Ontario and the liberal, say, liberal supporters and media in general is off the charts. But I've also seen polling information, independence as high as 41%. And we're not even in campaign mode. But the bearishness on the Canadian economy is one of the bullish, most bullish things on Alberta independence. Because why on earth would we stay on the sinking ship when we have a life raft? Not only that, but a life raft that's potentially powered by Bitcoin.

Yes, exactly. Yeah, there's been, they have a document where they talked about what would the currency be. And their idea was something along the lines of Alberta dollar, which could be backed by a mixture of gold, oil, and Bitcoin. That was very interesting to read. I didn't expect to see that, but somebody told me to take a look at it. Yeah, we shall see. Now, Nathan, there's something very important we touched on at the very beginning of the show, something out of France. So let's take a peek here.

This is Joe Nakamoto, friend and friend of the show. Serious PSA, if you are a doxed bitcoiner or a crypto person in France, leave, get out, wrench attacks, Every day, my friends are affected. Again, I'm not going to read the French because I'm horrible with French. But yeah, this is true. You know, I'm aware of people affected as well. Super unfortunate, super scary. And I believe it stems from this.

So, apparently the number one way to have your house broken into and your Bitcoin stolen is to pay taxes on it. This insane story got completely swept under the rug. On June 30th of last year, French police arrested Gallia C, a 32-year-old employee at the Bobagini. Bobbing, I don't know. Anyways, tax office. Good try. Yeah, I don't know. Selling lists of names, home addresses, and capital gains of Bitcoin and crypto investors in France.

That's scary because, like, yeah, if you pay capital gains on it, then they know the total amount that you have. That's easy mathing. Yeah. And so she sold all that. She had legitimate access to France's tax system through mirror software and sold allegedly 100 plus addresses via her prison connections for 800 euros per operation. Cash deposits and Western Union transfers.

Guess she didn't think Bitcoin was private enough. Almost six months later on January 6th, the same day her report, appeal was rejected. Three mass men broke into a home in Manusk at 7.30 p.m. tied up a woman at gunpoint and stole the USB containing her partner's Bitcoin. Wrench attacks jumped 75% in 2025, 72 verified cases, estimated 520 Bitcoin equivalent stolen. Physical assaults increased 250% kidnappings, torture, home invasions. This is so scary. Yeah. Yeah. Like, And it's really unfortunate watching stuff like this play out. And because of surprise, surprise, the state and centralized KIC sources, logging everybody's data, keeping it at one spot, takes one.

This wasn't even a hack of their database. This was somebody internal. So it's not even like them having good security internally would have been good and good enough. to keep these people safe. No, they had a bad employee that leaked all this shit. So every time you give up this type of information, it's just, it's just a nightmare waiting to happen. And, you know, there's been a rash of this in France. I think it was the CEO of Ledger, his family, or one of the C-suite level of Ledger was actually himself abducted. They cut off his finger. Yep.

And then there was another video of a family walking down the street and they were trying to shove a woman and her child into a van. Luckily, bystanders came to their aid and they didn't get abducted. But it was like the wife of some other CEO. But like the stuff that's happening now, especially with stuff like this, that targets regular everyday individuals that aren't even necessarily public about their stuff or they think they aren't. But, you know, these people just said, like, oh, I'm going to, I'll pay my time. Which, like, paying the government with your Bitcoin is like, I mean, yeah, but, but nonetheless, like, holy shit, man. So, I mean, I think actionable advice here would be good. What stands out to you, Nathan, as some things that people can do to make themselves safer?

Get out of Europe. That's true. First and foremost. It's a lot of it comes back to. So a few things I've talked to like security experts. I should have them back on the show again as well, too. A few things stand out. One, a little bit surprising, is maintain good health and fitness.

And the reason they talked about that, that was mandatory for all their clients is because you're having good situational awareness. So again, keep in good shape, get the gym. It's going to help with that mental clarity. It's going to help with your situational awareness. The other one, and there's people that like we work with as well, too, and there are other services out there. But you can look at getting your information scrub from the internet to the best of your ability.

So there are those kind of privacy services out there that will remove you from and they can also do kind of like tour monitoring and stuff as well. So that's another really good one. Never underestimate the disincentive of having a big dog. Big dogs are great. If you can stay strapped, stay strapped. But the big one is if you can protect yourself with online privacy, have good situational and awareness.

That's your best bet at this point in time, right? And learn the privacy tools, which again is another point to remember that Kione is still behind bars. Make sure you don't give up on that mission because those are the things that help protect us and that are necessary as well too. Yeah, 100%. If you are buying Bitcoin and you want to be very private with it, you can use peer-to-peer methods. You can do something like hoddle, hoddle.

You can do that. And what that does is it prevents there from being a honeypot of information of your buys linked to your identity. Outside of that, if you're buying Bitcoin-related hardware, anything like that, I know Coin Kite, they regularly wipe the information of their customers at regular intervals. But if you're just buying one thing, you're getting it sent, and then you want it wiped immediately thereafter.

You can just email them and request them to do that, and they will. Furthermore, if you're getting something shipped to you, consider having a PO box for anything Bitcoin related. If you're going to be doing it more often, then you absolutely look into getting a PO box. In terms of what you can do at home to keep you safe so that if, if something bad does happen, you can at least kind of, you know,

give up something but not lose at all. You have a few options. You can have decoy wallets. So again, on the cold card and on some other wallets, they offer the option of you plug in a pin and it goes to a different wallet that is not the main one.

You can also have things like pass phrases, all of them functionally doing the same thing. It leads to a wallet that has a smaller amount of funds where the real funds are elsewhere. The only thing that you, you can really do to make it so that you cannot comply is not have enough key material present in front of you in order to comply. So something like a multi-sig where maybe you have one key, but there's other keys elsewhere that pertain to a multi-sig and you cannot access them.

You could even have the one key as part of a multi-sig be a decoy wallet itself. And so then the person doesn't even know it's part of a multi-sig. So there's a lot of options out there, but it's really, really worth looking into them. No, 100% I just want to add too because it's just a little bit of low hanging fruit. Don't forget, don't talk about your stack, right? There was the only fans girl I wanted to say about a year ago so was talking about like, I got this million in Bitcoin. What should I do with it?

And then three armed men showed up at her house. Now, luckily her boyfriend was also armed. And so they ended up being okay, but just not publicly talking about your stack, which again, it's hard to not publicly talk about Bitcoin being Bitcoins which you completely get, but you don't have to reveal the amount, nor should you. Right. So that's another one to practice good ompsic in that sort of way. I think that's I think yeah you hit on multi-sig

I think those are the big ones right I think that's the big takeaway there yeah 100% and I did want to say one more thing 58K is common my friends 61 now I gotta update the title yeah it's coming it's a common

58K gang will rejoice and dance in the streets once more so I mean rake it all in guys they're these bare markets can be fantastic opportunities if you're able to, again, create value for others, spend less than you earn and save in money nobody can print.

If you truly believe that Bitcoin will never go back to where it was, then yeah, maybe don't buy it. But if you think, even if you think Bitcoin can reattain the price that it was previously at, that's double from here. So like, think of it as you're buying, your, you're, you're, you're, you're, you're, spending half the money on double the purchasing power. And we we chatted about it on the show last night. If you try to time things, it's bad news bears.

You're going to have a bad time. I went back over the past decade. If you had taken a thousand bucks and just dropped it into Bitcoin, what happened if you just sat on it and did nothing? and what happened if you missed the best 10 days of any year? It's basically a death knell for you. If you missed the best 10 days in a year, you get wiped out time and again.

There's very few exceptions for it. In every case, you're screwed. But think of how mentally what people do. When Bitcoin's down, they're panicking. How's everybody feeling right now? Are people reconsidering? Like, if you have the slightest amount of doubt in your mind, even if you're convicted and still holding on, think of how the average person would handle that and try to time things.

They'd be selling now. What are they going to wait for for it to start going back up? What does that mean? They missed a big upside day and then they're jumping on the train. When you do that, the results are insane. So over those 10 years, 2017 was a major outlier, major upside. So I started with 2018. So I did those eight years together just to kind of see.

And effectively, if you dropped a thousand bucks and then you just sat on your thumb for eight years, you had over 13 grand at that point. But if you were cute and you're trying to trade around just by missing the best 10 days, which is probably being generous if you're trying to trade around, just by missing that, you ended up with just over a dollar. Yep. Like you were wiped by 99.998%. It was like absolute devastation.

Furthermore, I included, I went back, I included the full 10 years. And in 2017, you made out like a bandit if you held on. But even if you missed the best 10 days, you were still up 250%. Well, the net effect of that over a decade is the person who dropped in a thousand bucks in 2016 on the other end of it had just over 200 grand. And the person who dropped in a thousand bucks and then missed the best 10 days each year had $8. It's unreal.

It's unreal. If you're feeling it because it's going to happen, right? Especially if this is the first time that you're kind of experiencing one of these drawdowns too. If you're feeling apprehensive, if you're feeling nervous, right? All that reflects to me is that now's the time for learning. Don't stare at the price chart. Go read a new book.

I'll pick up a new podcast. Explain your knowledge on the network. It means that you have, further to go in learning and understanding how to use, secure, how Bitcoin operates, how the components come together. If you think that Epstein was controlling the Bitcoin network, you need to go and explore how things actually work where the redundancy to decentralization comes into play, which is totally fine. It is a giant puzzle piece to put together. It is a lot of information. Just keep studying. Absolutely. And keep coming back here because, of course,

we have tons of tutorials that you can check out. It's your home base to learn how to use and live Bitcoin as crazy people like myself do. So make sure you keep on coming back. And if you need an additional hand, make sure you'll watch this ending clip. And you can come reach it to us over at BTC Mentor. With that, we're out. Have a good evening.

And this was your weekly session. See you guys. 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 seat. screen and wondering, are my keys safe? Did I do this right? That experience is why I started BTC sessions. For over a decade, this channel has helped millions of people like you learn how to

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