BTC Sessions - NEWS ROUNDUP: Ledger FALLOUT Continues

Episode Date: May 25, 2023

-Highlights from Bitcoin 2023 -Hong Kong endorses Bitcoin June 1st -The Ledger fallout continues -Worldwide adoption accelerates despite regulations   💪 SUPPORT THE SHOW: Coinkite offers the BEST Bitcoin hardware on the market. Use this link to get 5% off anything in their store: https://store.coinkite.com/promo/BTCSessions  Nunchuk Wallet and their Honey Badger plan is a best in class assisted multisig setup with built-in inheritance planning and NO KYC. Pass on your savings to your loved ones with ease in a simple claiming process with full customer support. Check them out today! https://nunchuk.io/ Start9 is your Bitcoin & lightning node, and full personal server - enabling you to take back control from the gatekeepers of your money and data! Grab an Embassy today and become truly self-sovereign! https://start9.com/ HodlHodl is a NON-CUSTODIAL, NON-KYC solution to stack sats peer to peer! Buy and sell Bitcoin while maintaining privacy. Furthermore, you can check out their Lend platform for p2p loans that are never rehypothecated. Sign up and try it out today! https://hodlhodl.com/join/BTCSESSION Free video tutorials not enough? Need some extra hand-holding when mastering self-custody, multisig, coinjoin, running a node, or other skills? Book me for a private session on my website! https://www.btcsessions.ca/ Been watching the show for a while? Like what you see? Help me cover my video costs by sending some sats over on my Geyser Fund page! https://geyser.fund/project/btcsessions

What's going on, everybody? Welcome to the show. We are back after a week out of town, down in Miami. It's a lot of awesome people. We're going to chat a little bit about that today. And we've got our special guest. It's been on the show, of course, before. Nico's taken a much deserved break, but we've got Opti on to come on and fill us in. What's been going on? So we'll be chatting about that in a minute. Of course, this is a much. This is live. Anything can happen, so I defer to my friend Bill here. We'll do it live. Okay.

We'll do it live. Do it live. I can, I'll write it and we'll do it live. The fucking thing sucks. Yeah. If you have not already, like, subscribe, share, all those things. They help a ton getting this in front of more eyeballs. I am Ben with the BTC sessions.

This is your daily session. Before we bring in, let's take a look at where we are in the market right now. This is timechain calendar.com. We're sitting at 26,471 cuckbox per coin. A single US dollar will pick you up 3,778 sats.

In terms of fees, ooh, a little spike just the last little bit. On the high end, 76 sats per byte for next transit or next block, even if you're willing to wait a bit. it 45 sats per bite and it's purging the mempool is purging anything below in and around 13 sats per bite so act accordingly use rbf and and yeah use lightning actually uh and 92.3% of all bitcoin have been mine that's 19.38 million of them uh shout out to sponsors of the show hoddle

hoddle.com if you're stacking stats and you've got some priorities in mine like peer to peer trading, instant self-custody, and no KYC, just head right to hoddlehottle.com. Sign up in minutes with nothing more than an email address and start stacking non-KYC sats. When you log in, simple, scroll down, choose your currency, choose your payment method, choose your amount and start viewing offers right away. They do have a peer-to-pure lending market as well in which nothing has ever re-hypropicated. Again, check them out, hoddlehaddle.com.

Link of the show notes. When you do get your hands on some non-KYC sats, you're going to be. going to want to store it in something that is secure and excellent and awesome. I love Coin Kite. These guys are kicking ass and taking names. The Cold Card Mark 4, Tough to Beat. It is an absolute beast. They also have tons of other great things.

Tap signer, Sats card, Block Clock, Open Dimes, all kinds of great stuff. And come in soon near the end of the year, the cold card Q1 looks like a beast. So be sure to check them out. CoinKite.com. You can use code BTC sessions. for 5% off everything in the store. Now, if you're looking to go beyond single-sig and you want to dive and dabble into multisig,

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And beyond that, it's not just a multi-sig and assisted multi-sig. It's also built-in inheritance planning. So you know that your sats will get to your next-of-kin without any worry. One of my favorite things about the whole thing, other than it being so simple, is no K-YC. Sets it apart from other options on the market. You don't have to give up any of your personal info to take part in this. So check them out. I've done a full tutorial.

And yeah, nunchuk.io. And finally, shout out to start nine, your sovereign computing solution. They drop some big news today. I'll be touching on it after Opti gets through his stories of the day. And yeah, if you are unfamiliar, you can basically run your own personal server and run your whole Bitcoin stack, tons of stuff. Bitcoin Core, Lightning, Mempool.Space, join market. You can also host your own data, passwords, files, photos. You can even host Noster, relays, and clients, all kinds of great stuff.

And they have a variety of ways to do it from entry level all the way up to pre-level, all the way up to pro if you're looking to post your whole life on the thing head over to start nine dot com that will get you set in no time and lastly uh hey if you need a little bit of help and the free tutorials online are not quite cutting it you need some handholding just head to my website btccessions.ccius.ccius.cciat you can book me for private one-on-ones and i can hold your hand through basically anything you need uh and with that i'm going to stop my rambling i need to get my buddy in here hold on ready there he is how's it going man?

What's up, Ben? How you doing? What's up, everyone? Glad to be here. I'm excited for this one. You know, I've watched this before, and now I'm on the behind the scenes. It looks so much easier when you're on that side of the screen

than when you see everything happen in the background. Dude, it's, I'm glad to have you. I thought I was going to be taking a hiatus this week because Nico's getting some much-deserved rest because the man never stops. But, well, can we tell the story, though, Ben? he's like we were sitting there we were hanging out and he's all like yeah I think I'm going to take a break and you're like take a break and then he's like wait no actually Ben Opti's gonna do it this week and I look at him like wait what and you're like no dude like you really don't have to and we're like no we do it we're gonna do it so here we are yeah no here we are and we're doing it I think we're a few tequila's in at that point when it was disgust so I plead the fifth you know mistakes may have been made but here we are and we're

ready to go. I'm gonna all redecorate so that we have our nice simply sessions background and uh yeah man I mean we're we're gonna dive in what where do you want to focus first you want me pulling up I think uh yeah yeah well let's just give the context we're gonna I'm I kind of try to do it chronological for you guys since last week all the stories that have happened and of course we're going to start at the conference so if you pull it up we will talk about the Bitcoin conference It's 2023 in Miami, where we were just hanging out this last week. And great to see every single one of you guys.

It was a blast. Always love making it down to Miami. Well, really, I just love hanging out with my fellow psychopaths out there. It makes me feel like I'm not as crazy as I normally do. Anyways, I think the underlying theme of this conference, I kind of was blindsided a little bit. From what I was hearing, it was going to be a lot more about energy. And then the final conference got.

laid out and it seemed to be a lot more political than a lot of us probably even realize. But I think if you're on Twitter, you probably heard a lot of this stuff or, you know, you probably heard all the drama out there. But before we get into all the drama, I think I want to cover what were the big moments of it. And this is something we talk about a lot on simply Bitcoin, probably every single day. And it's the idea of breaking out of our Bitcoin Echo Chamber. And I think the Bitcoin Conference did a great job. They, you know, first and foremost context, PSA, I am probably the least political person ever. I came to Bitcoin A political. That is why I enjoyed Bitcoin in the first place. But do not get it twisted. Bitcoin is

highly political because it is a political. It takes away the power of the money printer. And if you guys have been watching Ben for more than one episode, then you know what is driving the Fiat world that we are living in right now. And it is the money printer. So if you take away that power, what do you think is going to happen? The people in power are going to fight you. So we know that this is the case. This is where we're starting from. But it is very interesting the themes that we are seeing not only at the Bitcoin

conference, but also coming from independent content creators. And it is the idea that, wow, Bitcoin is the political solution? Or rather, it's the solution because it's not political, because you take away the power from the politicians. And this is where we are. So I first and foremost give the Bitcoin Conference and the Bitcoin Mag team kudos for breaking out of the Bitcoin Echo Chamber and bringing in people like RFK Jr. Tulsi Gabbard, Vivek, I don't know how to say his last name, forgive me. But the quotes that I think most of you guys heard or if you are under a rock and you're not on Twitter like all of us other psychopaths, as you can tell, there was a few presidential candidates at the Bitcoin conference. And the first one to speak was RFK Jr.

And I just took a couple screenshots from the Bitcoin Mag Twitter so that we can kind of get the conversation going. I do have one video here for you guys so you guys can hear in his own words what he's talking about. It seems like he's a bitcoiner, which as someone that doesn't trust politicians, it is a brush of fresh air. But also, I'm not going to trust someone's words. It's about his action. If there's follow through, I think this may be promising, of course. What do I always say? boomers writing down words and expecting us to not run our nodes.

Not going to happen. Anyways, that's neither here and not there. Here we got this tweet from Bitcoin magazine. It goes just in U.S. presidential candidate Robert Kennedy Jr. As president, I will make sure that your right to hold and use Bitcoin is inviolable. You should be able to own your own private keys the same as you own the keys to your car or your own wallet. And he got a standing ovation basically from saying this.

Great speech. I highly recommend you guys go watch the whole thing because, Either he is orange-pilled. And kudos to you, Ben, because he referenced the Canadian trucker movement, the protest, as one of the reasons that woke him up to Bitcoin. So I think as someone with his history, he is a Kennedy. He's seen a lot of things that many people would probably think is conspiratorial. And he knows to be facts.

He kind of has the right pedigree to be like us and be like, yeah, this Bitcoin thing makes sense. the administrative state does have too much power. And maybe I want to get some or at least endorse it or my cynical take. Shouts out to the Bitcoiner that wrote the speech because he absolutely killed it. Anyways, Ben, click that video for the people so that the people that didn't see what he said can get a little glimpse of what he's talking about and where he's coming from. All right. Let's take a look.

It was crazy. I saw it and killed when I was a kid. $2,500 percent inflation. When inflation gets to these runaway, it will give them a bailout and it's going to force the Fed to at least mediate its extravagance. So that's just another kind of one of the many, many reasons that I liked Bitcoin. But besides all the freedom issues, it's absolutely critical because it's the currency of peace, it's the currency of trust. and it's the currency of freedom and fiat currency is the opposite.

Ooh, spicy. He sounds like a bitconer. Maybe he's saying what we want to hear, but again, I think coming from his pedigree, it seems like he is waking up to the idea that we talk about all the time. Bitcoin is the separation of money in state. He said, you know, Bitcoin is the money of peace,

the money of freedom. It's the money of trust, or rather the lack there of trusting a small cabal of people to control the money supply. So I think in time it's going to be very interesting to see where RFK comes from or whether he. Yeah, exactly. And today we got a clip about Max Kaiser, Orange Pilling Jimmy Dorr. And they were talking about the R of K speech at the Bitcoin conference and how this opened up his eyes to the idea of Bitcoin is Liberty. And I think the very interesting aspect of this is,

If RFK is actually a bitcoiner and, you know, considering his pedigree and where he comes from, it's almost like the Lord of the Rings moment. This is the only thing I can connect it to is he throwing the ring in the fire and realizing by endorsing Bitcoin, he is indirectly or rather very directly engaging in the idea of a smaller state, less administrative state. And so it's hard to trust a politician because most politicians, are vying for more power, but maybe, you know, coming from being a Kennedy, and he is a damn, let's not forget, I think I've been saying this for a while. To me, it blows my mind that the party of the people allegedly does not endorse Bitcoin

because we know Bitcoin is the money for the everyday man. It is the money that doesn't steal from you, that isn't coercion, institutionalized coercion that doesn't steal from you so that the normal man can get by. So he's saying a lot of really interesting things. And, you know, again, I try not to jump into too much hero worship because someone said Bitcoin. But man, he is saying all the right things. And furthermore, again, or Ben, do you want to jump in here before I move on to the next other presidential candidates on the board? Yeah.

I mean, as far as RFK goes, again, he hit all the points, which makes me think like, you know, who's your ghostwriter a little bit, but at the same time, it's not like he stumbled too much over over his words or like was unclear as to his stated intentions. And I mean, he pretty much ticked off all the boxes of what Bitcoiners would be concerned about, right to hold your own keys, treating it as your own property, the right to transact, run a node to mine, treating energy all the same regardless of what it's being used for. Energy is energy. I mean, he kind of hit on all the hot button issues. So the people that were doing the news desk right before Odell was on it and he's coming down the stairs and he's like, he's like, holy shit, who's this guy's

handler? And he looks over at me. He's like, was it you? I am not as handler, but I did appreciate the nod to the Canadian truckers. Like that, that means a lot. And it's kind of, crazy a year later, like in the midst of how insane all of that stuff was and how scary it was to have been a part of it and then see like a presidential candidate using it as a talking point and more than one presidential candidate using these things as talking points as to why Bitcoin is important means a ton to me personally. And, you know, whether I trust him or not is besides the point, it's, it's, he, even if he doesn't believe what he's saying, he's using it as a selling point for his campaign and other people are going to latch on to that and say, hey, that is important. So at the end of the day, I don't give a shit.

Like it's the message is getting out there and that's important. Yeah, I think that's, I think that's a signal right there, Ben. And I literally just got chills about you talking about the Canadian trucker protest because it's something we talk about a lot on simply big. is breaking the Bitcoin echo chamber. And whether he fully believes it or not, I'm sure that he has a larger reach than any one of us. And just the fact that he's endorsing Bitcoin or at least talking about Bitcoin, I think it's going to wake up a lot of people.

And they're going to at the very least give it two more minutes of investigation and research and be like, home. I wonder why you're so interested. I thought it was, you know, internet criminal money. And, you know, and now it's, wait, like presidential. Kennedy's endorsing it. I think that's a very, very big synod. Something I also always say, you know, not saying that RFK is part of the authoritarian, but I

always say the tyranny we are saying is usually the best marketers of Bitcoin. And right now we're seeing, I think the politicians are doing better jobs than we are. So, shout out to them. But again, something we always say on simply Bitcoin is that Bitcoin is a bipartisan issue. It's not a left or a right issue. It's a green versus orange issue. And again, the Bitcoin conference, they absolutely killed it. They, you know, brought someone else from the other side and explained the same thing.

So another Justin U.S. presidential candidate, Vivek Ramoswamy, is now accepting Bitcoin lightning payments for campaign donation. I don't have a clip of his for you guys, but he also was saying seemingly the right stuff. And you're just like, who are the Bitcoin is writing this stuff? because I think everyone has learned one thing, or at least they're starting to learn, that Bitcoiners are a very huge untapped voting market. And I know one of my friends, Katie the Russian on Twitter, put in today, is like, don't these politicians know that Bitcoiners don't vote? So it's very interesting to see people, for lack of better words, seduce the Bitcoin ecosystem,

the Bitcoin industry by giving us at the very least some good lip service. And again, another one, Tulsi Gabbard, on the bio. administration, Bitcoin is transforming the lives of people around the world, but they don't actually care about people. And I'm sure Nico covered it in the past that the Biden administration is actively fighting against Bitcoin. I don't know if you guys saw, but we even had Ron DeSantis call that out this morning, or actually, rather, yesterday about the fact that the Biden administration is actively attacking

Bitcoin. And I think it's just part of this growing trend that Bitcoin will be. become a hot button topic moving forward in every election from here on out. Will it be 2024? I'm not sure yet, but I know the next election. If people are not pro-Bitcoin, then we know where they are. And as Nika always says, oh, you're against freedom. I don't know if you heard it.

If you're against Bitcoin, you're against freedom. And I think it's becoming very clear to everyone paying attention that it's, what do we say? It's Bitcoin or slavery. And people are going to have to make their choice. and their incentives will be exposed. So I think moving forward, it's going to be very interesting to see who's on the side of freedom and who is just larping. I couldn't agree more.

And again, as you touched on, there's a lot of people from a lot of different, you know, from different sides of the aisle that have all kind of latched onto this. DeSantis, you know, obviously Republican, RFK, Dem, Vivek. I'm not even familiar with him. I don't know. Me neither. I think he's Republican. Yeah. And then Tulsi Gabbard ran as a Democrat in the presidential election and now has left the Democratic Party because she, you know, no longer aligns with them. And I think she's an independent. But there's there's all kinds of people from from all sides that are recognizing the value. And it kind of points to the fact that Bitcoin is is largely apolitical. And it's it's kind of like a mirror. It shows you your own values and you find value in it for for what you think is important. 100%. 100%. All right. Now, moving away from the political sphere and the political theme of the Bitcoin conference, I'm pretty sure everyone heard the Jack Mahler's announcement. And I know it's very fashionable right now to give Jack Ballers some shit. But I think it's very interesting when you really break down what happened. So here again, using Bitcoin Magazine as a jump off point, it says breaking Bitcoin Lightning Payments, App Strike launches in over 60 by countries to more than 3 billion people.

And then the cynical bitcoins are like, oh, it's just a custodial lightning wallet. But I think the aspect that most people don't really realize is what Adele said right here. And he goes, I know it's in fashion to shit on mallards recently, but do not think people are properly appreciating the fact that strike launch in India last week. And here you can see where do 8 billion people live? The biggest box is India. So what do we always say is the most important thing that people need to be. doing is getting Bitcoin into hands of people. Yes, I know we want to instill the best Bitcoin practices, which is, of course, non-custodial running your own known, taking your keys into

private custody, you know, a seed phrase that you own that no one knows. But I think there is steps to this and it is a slow movement. And I think a lot of us Bitcoiners really get caught up. I know we have the meme like low time preference. We like to be low time friends. And actually, Ben, we had this conversation when we were at the beach. You're like, I think a lot of us Bitcoiners need to really slow down and view how long this journey is going to be. And it takes steps. Not everyone is going to go from zero to 100 and be all in on Bitcoin, you know, full self-custody. I think there's steps where people realize the system is fragile and then they move towards what they think is the safe haven assets. At first, it's probably the paper currencies,

and then it's the dollar, and then it's probably gold or stocks. And then the, they figure out crypto, and so they probably get lost in shit coins. And then eventually they will lead to Bitcoin and all roads lead to Bitcoin. So I think the maller's announcement is very important because I think that the most important thing we are doing here is just trying to get people to hold Bitcoin. And the more people that hold Bitcoin, the easier this will be. As Corey wrote for swan.com, this is the race to avoid the war. Getting people to hold Bitcoin, taking it into a wallet. Yes, it's custodial.

We know. But there is baby steps to this and eventually everyone will learn what it means to be a Bitcoiner. And again, there's a lot of other stuff going on. But Ben, if you want to jump in because I think all everyone, all anyone heard, oh, wait, we got the Indo governor as well. We'll touch on that one. I think, yeah, you're right. Like we need to remember how the average person, myself included and many others, their first interaction with Bitcoin. It was probably on some sort of a centralized exchange.

You know, depending how early you got here, some people may have been, you know, that there was an early period where that wasn't even a thing where you couldn't even get on an exchange. But then those exchanges made it accessible to a lot of people to, oh, I can just get on there. And then you start to learn that, oh, now I get it. It's important to hold my own keys. and people learn that either from, you know, taking an interest and listening to shows like this and actually educating themselves or by getting burned. But it has to come some way. And people default to Fiat land.

You know, they default to what they've always known, which is I get my money and I keep it in a bank. And so it's no wonder that that's the default, you know, the default behavior that we're seeing. and it'll take time. And when you go at somebody and if your goal is to get them to a point of a self-sovereign Bitcoiner, the first step should not be, all right,

you got to run a node and you got to self-custody and you got to learn how to use like a cold card and you got to go and here's multi-sig and also you got to set up a lightning node and set up channels. They're going to do a 180 and walk out the fucking door. So what is your end goal?

Do you want somebody to be a self-solver? sovereign Bitcoiner, great. Set them on their first step and then say after this, come to me and we'll do your next step. Don't throw everything at them right away because that's the quickest way to get them to piss off and never look again. 100%. It's trying to minimize the frictions here because it is a whole new language and people are learning. Anyways, the next story that was probably the biggest news coming out of the conference is the Indonesian governor Ridwan Kamil says he wants to bring more Bitcoin mining into the country. Keyword, more Bitcoin. mining into the country. Bitcoin mining is helping to create an affordable price of energy. So we got

presidential candidates from both sides of the aisle talking about Bitcoin. We got now the possibility of 3.8 billion people and hopefully the whole planet, 8 billion people getting on the Bitcoin standard, using Lightning. We got what potentially could be the next nation state to fully adopt Bitcoin. But all anyone was ever talking about was all the Ordinals fun and the Wizards, and that was the big news of all of Twitter. And I do have this clip from sessions, which we thought was hilarious and someone tried to dunk on him. So I know we're running a little long on this first segment. But if you want to play this for your audience, I did cue this up for you. Let's play this because then we can just have you jump in a little more and we'll move on to the next segment.

I'll add the pretext that this was posted by this person as a burn. And I'll let you guys watch it and decide if it was a burn or if I fucking nailed it. C-20 stuff is stupid. I think it will go away. I want to give a shout out to a buddy of mine, Maidex. He's an artist, a physical artist, and he made a really beautiful metaphor

when I was smoking a cigar with him in a hot tub. And he said, you know, it kind of reminds me of going to Burning Man. They build these huge structures. And within arm's reach, everybody can sort, scrawl all kinds of shit all over the wall and graffiti it up and it's ugly and it's hideous. But at a certain point, nobody can reach any higher. And you see the beautiful structure for what it is. And it's also the same with the pyramids of Giza.

You know, people scrawl shit if they can get close enough down in the bottom. But the further you look up, the more pristine it is. And I think that's going to be how Bitcoin is. Right now, fees are low enough. People can do a ton of dumb shit. You're going to see Dick Butt. on the blockchain, but eventually Bitcoin will continue to proliferate. It will get expensive and somebody will think once or twice before they put a dick butt on the

blockchain for a massive amount of sats. Absolutely nailed it. I mean, yeah, like, somebody, somebody, the guy who put it up, uh, again, it was trying to dunk on me. So I just replied, uh, I replied that dick butts on the on the blockchain, expensive dick butts on the blockchain are a life choice. So, you know. Yeah, it's hilarious. He's like incredible and you're like, what?

I stand by this 100%. Like, what's going on here? Okay. That's what everyone heard. Everyone heard of the wizards and the ordinals. But I think people were missing, you know, the forest for the trees. Anyways, let's get into this next story because I think this one might be the most interesting aspect of the stories this week.

Yes, the ledger debacle that we've seen. I thought it was second, but it's third. apparently is probably the ones that most people are feeling and concerned about. But we saw that this last week, Hong Kong, well, rather, June 1st, Hong Kong will let retail investors trade. It says crypto, but it's Bitcoin and Chick coins. We all know in new rules, retail investors can trade larger tokens and regime from June 1st.

Cities push for a crypto hub, contracts with Asian clampdowns. But I really like the No BS takes over here. So I'm going to read it from No BS. but they are taking the Bloomberg article as source. So Hong Kong is coming full circle and is used to be a digital asset hub in the industry's earlier years before taking a more skeptical stance. China's ban on crypto in 2021, doled the city's allure as a conduit for mainland cash. And Hong Kong Securities and Futures Commission said retail investors can trade Bitcoin

and other crypto assets under its new rulebook, stepping up a drive to develop a digital asset hub. The agency struck with a plan to let individual investors buy and sell. bigger tokens like Bitcoin in Ether or the biggest shitcoin in the world. What's the safety in the mother asshole that all shitcoins come from? Starting June 1st, when a new licensing regime for virtual asset platforms begin, the framework seeks to woo crypto firms while safeguarding investors and is part of Hong Kong's effort to restore its status as a cutting-edge financial center.

The SFC said in its conclusion that licensed platforms should comply with a range of robust investor protection measures, covering onboarding governance, disclosure, and token due, due diligence and admission before providing trading services to retail investors. This is probably the line that might be the most interesting. According to the new regulatory regime from June 1st, unlicensed exchanges, including overseas platforms, actively marketing to Hong Kong investors will be breaking the law. So I don't need to go down the full China ban Bitcoin saga, but if you are not aware, China has tried to ban Bitcoin, I don't know, 500 plus times at this.

Now it's probably like 12 or something. I forget what the actual number is. But I think the most interesting aspect of this is when you understand the China rules or the heuristic of two countries, one rule book. And so if Hong Kong is trying to angle themselves to be the new crypto hub, and there is a tacit allowance from. the Chinese government for Hong Kong to do this, what exactly is China's official stance here? It seems like they're talking out of both sides of the mouth. They're trying to have their cake

and eat it too. And we all know what happened when they tried to ban Bitcoin. But what do we always say? You can ban, you can try to ban Bitcoin, but you can really only ban yourself from Bitcoin. And again, connecting this with the Biden administration, remember just recently, they basically endorsed China's ban of Bitcoin as a reason for them to attack. Bitcoin miners. It's just, it's such a big shit show going on. But hey, China's bent the knee. We say it all the time. Bitcoin's incentives are pure. And whether mainland China or Hong Kong embraces Bitcoin, it's only a matter of time until we get the official embrace of Bitcoin. But we did have this news from Bitcoin magazine. Apparently China's central television network broadcasted

this news that Hong Kong is allowing retail investors to buy Bitcoin. So China is quite, quietly allowing it again. And the interesting part here is what CZ said. And CZ, if we get to it, I might be going, I might not make it today. CZ will have some heat on today's show. So, you know, I'm not endorsing CZ. But this is a very interesting comment. And he goes, CCTV, China Central Television just broadcasted crypto.

It's a big deal. The Chinese-speaking communities are buzzing historically. Coverses like these led to bull runs. Not saying past predicts the future and not financial advice. So to all you guys out there, bottom is confirmed. No, I don't know. We don't know. We don't speculate on the price.

But I think it's very interesting to hear that from someone that is from, you know, China himself. And has a, you know, a very, a very intimate understanding of what the Bitcoin and chip coin markets are doing. So I think we are getting set up for a spectacular bull run. Yeah, man. I feel like it's, again, it's interesting because you're getting. like a mix of it's so disjointed all of this regulation right like even in within the u.s from state to state you're getting states that are like where you know no more mining and then other states

that are passing like you know right to own right to mine right to run a node loss into place preemptively uh so that you know a federal crackdown um wouldn't you know or more or less would not be as effective. And you're seeing it from country to country too. Again, like you see the Biden administration and they're poising themselves to be like the, you know, the four horsemen of the apocalypse for everything quote unquote crypto include it. And they, they are taking a look at Bitcoin.

Like there, there is a focus there. And then you see other countries that this is unique in that, again, Hong Kong and China being previously very hostile, starting to slightly change their tune. I think, yeah, it could contribute to, you know, some ripping prices in a couple of years. It also likely will contribute to like, I know we're all tired of it,

but a whole other shit coin circus that has yet to be seen. We're not out of the woods yet. Everybody's got to touch the stove. how many, you know, we've got millions of people that own Bitcoin. We have billions of people that have yet to dabble in anything. All of those people have to touch the stove. So that's coming to.

So I don't know, bite your lip, let them learn their lesson, you know, provide guidance when you can. But it's going to happen. And we're just going to have to sit through it to quote Matthew McConaughey in True Detective, time is a flat circle. I just seen the first season of True Detective, very good. Now I get the reference. But yeah, it's very interesting. I think I don't think we're done with shit coins, but I think to our credit, there is a whole new level of Bitcoin only signal out there.

And I've seen a lot of people bypass the shit coinery because of how good the Bitcoin content is nowadays. And I got in 2017 and I had to go through all the headaches to get here. But hopefully we can save some people. Okay. Let's get into the ledger news. And Ben, let's try to remember. We did get a good comment in the chat over here. I will pull it up hopefully.

Yeah, I have it here. So let me get into this. And then we'll give some good advice for the people out there. So we covered this last week. This was last week's news, but there has been a continuation of the saga. So here we're on Coin Telegraph and it goes, crypto community reacts to Ledger while its secret recovery phrase service.

Many members of the crypto community believe Ledger's latest seed phrase recovery feature is a bad idea. So Ledger rolled out this feature, Ledger Recovery, aiming to offer a safeguard in case users misplaced their seed phrase and just to recap exactly what happened, Ledger Recovery is a subscription service

that allows users to utilize an additional layer of protection for the private keys. This service employs a technique where the user seed phrase is divided into three encrypted fragments, each sent to a different external entities. Yes, you heard that correctly. You are paying money to split your seed, and then it's given to three companies to protect you. This is for your protection. Anyways, once these fragments are combined and decrypted, they can be used to reconstruct the original seed trays. The wallet provider shared the ledger

recover is an optional subscription for users. You don't have to use it and can continue managing your recovery phrase yourself, but that's why you bought a ledger. Nevertheless, the concept has enraged many in the Bitcoin and shit coin community. And then you go here, this is a mootig goopta. And he goes, the problem here is that the encrypted key parts are sent to three corporations and they can reconstruct your keys. Well, doubling down on this idea, this week, we saw that the CEO of Ledger ended up on Peter McCormick's podcast. And I don't know whether he knew what he was saying or whether he got caught up in his own head. But he basically said the quiet part out loud that all the bitcoins were wondering.

And let's just get into the story. Ledger CEO says sharded wallet keys could be shared if subpoenaed. The private seed phrases of ledger users could be shared with governments if their custodians were ordered to do so. But this is not a real concern, according to CEO Paul Gutier. The CEO of Ledger confirmed that the private seed phrases of users who opt into Ledger's controversial new recover upgrade could, in theory, be handed over to governments if they were to be subpoenaed. Speaking on Peter McCormick's What Bitcoin did podcast, Goethear admitted that while the new recover update could technically see user seed phrases provided to government entities, it would

only be reserved for serious acts such as crimes involving drugs and terrorism. It's not true that the average person gets to subpoenaed every day. And then McCormick pushed back on the claims, pointing to when Coinbase was subpoenaed by the U.S. IRS in 2018 and was forced to hand over the personal information of 13,000 users. The CEO of Ledger refuted this example as an inaccurate comparison. Unlike Coinbase, Ledger is not a banking institution and is not subject to the same legal constraints as the crypto exchange. He said, anyways, TLDR from everyone on Twitter, the idea is Ledger. Ledger is close source. It's a black box.

No one knows what's going on in Ledger. You have to trust him, even though what's the motto for a hardware wallet? Don't trust, verify. He's basically saying, yeah, bro, your seed phrase might get, you know, the government might know your seed phrase, but we don't have any access to this. Well, it's very interesting. Which one is it? Because they can get access to it, do this new subscription model.

Why would anyone opt into this? And why is this even a feature? I understand that maybe we do need to work on self-custody because it is a scary concept, but I think it's easy. Maybe I'm so far down the rabbit hole that self-custody is second nature to me. And I don't think this is the way. We've talked about this. I'm pretty sure we talked about this over the weekend.

It's like Shamir's secret shards or multisig. All they need is two of those corporations to collude against you. And then they have access to your Bitcoin, let alone there might be a back door in this closed source wallet. Hence, why most Bitcoiners endorse open source wallets. Of course, open source isn't a panacea, but it's usually better to know what is going on in your wallets. Anyways, fast-forwarding a little bit, we had another saga to this ledger debacle, this ledger PR debacle. Well, the following day after that interview got released on what Bitcoin did, Ledger paused the launch of recover services, accelerating their open source roadmap. So we have

decided to accelerate our open sourcing roadmap to bring more verifiability to everything we do. So obviously they misread their market and now they are open sourcing ledger as much as possible. Though there is a caveat here somewhere. I'm realizing I'm running out of time for all you guys. But there's a caveat here saying that the secure element or some aspects of their wallet, they will never be able to open source legally. So it's very interesting just to see. kind of where they're coming from. Are they

fully open sourcing this or is this kind of just some open source lip service? Obviously they misjudge their Bitcoin audience. They misjudge the people that are holding their hardware and I forget who said it, but someone on Twitter said it best.

I think the reason they went with the Shamir Secret Shard is because you cannot do multi-sig with their shit coins. So they tried to offer a feature that was shitcoin friendly it ended up backfiring they tried to do some PR spin for it and now they're open sourcing their wallet so i don't know we'll see where this saga ends but obviously you know

on simply bitcoin we have jade as a sponsor the industry standard is probably cold card so someone asks what are the wallets you guys would recommend there those two and then i think everyone's favorite unsung hero the seed signer but anyways ben a question for you that i saw up here uh this is diesel CS SC and he goes, I'm using ledger right now. What should I switch to? Cold Card. If I do that, what software should I use with it as a portfolio overview? Awesome.

Okay. This is a good question. So I actually, I made a video just recently. I'll just pull up the screen so you can see. But I made a video on how to actually switch hardware wallets. And so I kind of, it's kind of a multi-part thing because I don't explain like, Here's the other wallet because you might choose totally different wallets than what I recommend. But I basically go through the steps of like, okay, you got a ledger on ledger live.

What's the first thing you can do? I mean, the first thing you can do is you cannot use ledger live, right? Because that is their own, that's their own proprietary software. And you kind of have to use it to set it up and to update. But you can step outside of ledger live. And I love Sparrow wallet. It can be a little intimidating at first. but the basics are there.

You can get through it with the basics, which I explain this in this video. And then you can start learning and start asking questions. Oh, what's this thing I see on the screen? What's this thing? Now, I love my cold card. I love that. I mentioned it in this video.

Yeah, I'm sponsored by Coin Kite. The reason I'm sponsored by Coin Kite is because I pursued them. Because I used so much of their shit that I was like, this would be a great sponsor for the show because I love them. And, you know, the rest is history. So they're a sponsor by choice because I reached out to them instead of the inverse. So I love cold card. You know, I think it can be used simply and like just plug it in and use it that way.

And then you can level up and use the more advanced features later. So, you know, my choice would be sparrow wallet with cold card. That's kind of my go-to. And you can actually import your ledger into sparrow wallet and send from one to the other. you don't have to do it that way. You can just send from Ledger Live to Cold Card on Sparrow. But if you want to get away from that, you can. You don't even have to fully ditch Ledger Live.

You can just start playing with your ledger in Sparrow side by side and learning about it. And then if you freak out too much, you're like, oh, this is too complicated. You just go back to Ledger Live. So yeah, I mean, at the end of the day, I see in the comments here, you know, they've delayed everything. So it's, you know, they still have time. They're still safe. Again, the big realization on behalf of a lot of people is when it's not open source, you don't know what your wallet is even doing.

I pulled it up earlier, but it's basically trust me, bro. And that's not the quality you want out of hardware. I will say this whole debacle, it's good for Bitcoin and it's good for Bitcoiners, because what's the result? People realizing what closed source actually means. You don't know if they already pushed this update and it's just doing it in the background and then you just opt into it with some sweet KYC. But nonetheless, you know, people are realizing what closed source is.

They're now looking at what open source options there are. And in the end, Ledger is like, oh, shit, we need to save some face. Maybe we open source more of what we're doing. That's a positive too. So like, you know, people can vote with their feet and vote with their sats and the whole ecosystem is better for it. So, yeah, I mean, if you're super worried, but you don't have the funds to get a new hardware wallet right away, you're probably okay. I'd say probably, you know, start using sparrow wallet with your ledger and that'll give you a whole new perspective and it'll up your learning curve.

And then when you're ready, you know, look at something else. Start learning on a cold card or a jade or whatever it may be. Start experimenting with it and trying it out. You know, it's never too late to level up. So I don't know. I'll leave that there. Yeah, I mean, it's something I always tell people, and everyone's recommending Sparrow. I absolutely love Sparrow as well.

I think it's one of the best, best wallets out there, or I guess it's an organized desktop organizer. Anyways, someone is asking about other wallets and stuff. Again, there is a lot of good stuff out there, and it's something I tell people all the time. Look, there's options at every price point, and it just depends on where you are and how much you're actually storing and that's probably how much effort and money you should put into securing your wealth remember this is self-sovereignty tech so you have to make the trade-offs for yourself maybe you know maybe you just got a few sets and you're cool with the phone wallet or whatever but like treat it like it's a lot more like the value is a lot more than it is today

because we all know numbers going up forever. Okay, as I said earlier, I didn't want to endorse CZ too much on the show because he's been in a lot of hot water and I've said it in the past. It's very interesting that CZ had such an intimate understanding of the FTX debacle. I wonder why not speculating too much.

But anyways, we got this article from Reuters this week and I know, I know, I know, I know. Reuters most likely cannot be trusted. They are a corporate press organization. And on the one hand, this really does feel like a hit piece. But on the other, where there's smoke, there's probably fire. And I'm not just using Reuters for this. I also have the shitcoin slayer himself, Corey Clipson, Swan CEO with some receipts of his own.

But anyways, let's get into this article right quick. Crypto giant Binance commingled customers' funds and company revenue former insiders say, Of course, the former Insiders part is the, like, hit piece part of this because it's like, trust me, bro, we have sources. Anyways, there is some refutation coming from the Binance team, but we'll cover this a little bit. So, world's largest cryptocurrency exchange, Binance commingled customers' funds with company revenue in 2020 and 21 in breach of U.S. financial rules that require customers' money to be kept separate. Three sources familiar with the matter told Reuters, one of the sources, a person with direct knowledge of Binance's group, finances said the sums ran into billions of dollars and commingling happened almost daily in accounts

the exchange held at U.S. lender's Silvergate Bank. Remember, Silvergate blew up. Anyways, Reuters couldn't independently verify the figures or the frequency, but the news agencies reviewed a bank record showing that on February 10, 2021, Binance makes $20 million from a corporate account with $15 million from an account that received customer money. The money flows at Binance described by Reuters indicate a lack of internal controls. to ensure customer funds were clearly identifiable and segregated from company revenues. Three former U.S. regulators said, they said the commingling of these funds put client assets at risk by obscuring their whereabouts.

Finance customers shouldn't, quote, need a forensic account to find where their money is, said John Reed, Sark, a former chief of the Securities and Exchange Commission Office of Internet Enforcement. Reuters found no evidence that Binance clients' monies were lost or taken. The SEC this year launched a crackdown on a string of crypto firms but has not targeted Binance with any direct enforcement action. Binance allowed U.S. customers to trade on its platform from 2019 to this year, despite publicly claiming to restrict access to Americans. The U.S. commodities futures trading commission alleged in a complaint against the exchange in March. Binance responded in a blog that it said it blocks U.S. users.

And then in a statement to Reuters, Binance denied mixing customers' deposits and company funds. These accounts were not used to accept users' deposits. They were used to facilitate users' purchases of crypto, said spokesperson Brad Jaffe. There was no commingling at the time because there are 100% corporate funds. When users sent money to the account, he said they were not depositing funds, but buying the exchanges bespoke dollar-linked crypto token BUSD. This process was exactly the same thing as buying a product from Amazon, Jaffe said. The former US regulators told Reuters that finance explanation was undermined,

by the exchange's own previous representation to customers that the transfers were deposits. From late 2020 and throughout 2021, Binance websites told customers their dollar transfers were deposits that would be credited to their trading accounts in the form of BUSD. Customers were told they could withdraw their deposits as dollars. These representations created the expectation that clients' funds would be safeguarded in the same way as traditional cash deposits. Anyways, these representations have to be crystal clear at all times. Reuters asked finance if it ever told users that it considered the dollar's deposits as constituting purchases. Finance did not provide any evidence of this and said the term deposit is a communication term.

It is not an indication of the technical treatment of the funds. The co-mingling of customer and corporate funds can be a precursor to heavy losses for clients and financial firms. Remember, they use Silvergate. Anyways, this goes into the Silvergate and how they had a lot of their funds on Silvergate. So, again, this is a bit of a hit piece. I will agree with this. But again, whether there's smoke, there is fire. And I think that it is pretty safe to say that Binance is most likely running on some level a form of fractional reserve banking.

And just the FYI is take your Bitcoin. If you have money on Binance, take it into self-custody. This is the whole point of Bitcoin. It is calling the bluff on all the banks and all the exchanges. anyways, pulling it back a little bit. We got the shit coin slayer, Corey Clipson, and he goes, told you so. Binance had secret access to a bank account belonging to a purportedly independent

U.S. partner and transferred large sums of money from the account to a training firm managed by Binance CEO Chang Peng Zau. And this is part of the CFTC investigation that happened last month, or actually this one's February. Again, this next one, as we said for years, scam peng Zao, trades against its own customers. So this is Corey basically not only destroying him in the fact that they commingled their funds, but also that they are trading against their customers. So wouldn't be trusting Binance.

Also, we got a .eath that also is going in on the CFTC stuff saying that it's a fatal blow to Binance. And this one's probably the most interesting one, considering that they're saying they don't trade. And I think this is just part of the idea of just trust me, bro, and people talking at a both sides of their mouth. Anyway, this is Patrick Hillman. He is a chief, chief communications officer at Binance, and he goes, unlike other exchanges, Binance does not, nor ever has hunted user stops or liquidation prices. Any trades made are primarily algorithmic for market stability purposes or to reduce slippage. User protection has always and still remains our top priority and we will never aggressively trade against users to their detriment. Huge difference between true market makers and

Alameda research. And of course, Corey, totally not subjective and we totally trust you. We will never aggressively trade against users. Well, how's this nice chart here that we have from Corey? And he says, I talk a lot about wash trading on Binance. Here's a great visual to help you see what their market makers do to fake demand for worthless tokens. The reason we could see it on the chart is because Binance halted trading on FTX, but left their own market making bots running. So it seems like Corey, again, the shit coin slayer has caught them in a lot. against trading against their customers. So are we going to just trust them that they didn't commingle the funds?

I wouldn't. Obviously, I'm a Bitcoin. I take all my Bitcoin into self-custody. I don't even use Binance anymore. I've washed away the sins of my schoinery days and I ended my account there. But I think, as I said in the beginning, even though it is Reuters and they're probably after the Bitcoin crypto space because, let's face it, they're the corporate press. And I'm sure someone from high above is telling them that they need to attack the space. And obviously, if Binance blew out like FTX, it would not be good for any of us.

Shitcoiners make us all look bad. So are you going to trust them? Again, I wouldn't be the guy trusting this. Again, there's some more just receipts about CZ admitting that his shareholders are market making. There's a whole another hit piece about this, devouring the receipts. but I think the best one, of course, I put some memes here because I like to meme. This is McGoo breaking. Surprise. Finance is insolvent.

This is the one that I think is the most interesting quote throughout this whole thing. Again, this is Corey Clipson quoting CZ and it goes in this industry. Everything is very transparent. Now remember what the Reuters article said that finance customers should not need a forensics case to understand where their money was. Well, what is it, CZ? Is everything transparent or is there a little bit of mudding of the water? And if you want to go back, our boy Rustin did a good video on this one over on Simply Bitcoin,

relaying the receipts of the past. But I think this saga is something we will see play out again, guys. I know it is Reuters. I know the corporate presses after us, you know, choke point 2.0. And I played a video of Jack Mullers at the Bitcoin conference last week during our show on Monday. and he said something very interesting.

Bitcoin-only companies are not facing the same type of backlash because they are not trading unregistered securities. So if they are getting this type of backlash, I think we can just lay on the heuristic, whether there's smoke, there is fire. Just don't trust Binance, guys. Get on a Bitcoin-only exchange and take your Bitcoin into self-custody. You do not want to get caught up in another FTX debacle.

Because like I said in the beginning, It's very interesting how intimate a relationship CZ had with the FTX debacle. It's almost like he might know how things work. Anyways, I know I'm speculating. I know I'm getting a little bit of conspiratorial here. But what's your thoughts on this one, Ben? Dude, I mean, we see it time and time again. There's always the warnings early on.

There's always the Bitcoiners sounding the alarms. Don't trust these guys. I mean, CZ's been really shitty about throwing shade at the idea. of self-custody, which again is another huge red flag. Obviously, he's directly incentivized to discourage self-custy. He wants people to leave their funds on his exchange. He wants people to trade around. He wants them to see the scrolling marquees.

Buy this. It's up. Sell this. It's down. He wants all of that stuff happening. He's not going to recommend that you do the best practices because best practices for you are not best practices for him because he then can't siphon money away from you and, you know, potentially rug you later. So, you know, it's just inserts random founder

of an exchange anywhere and the same lessons apply. Do not trust, verify, not your keys, not your coins. Learn self-custody. Get it out. Start taking responsibility for yourself. Responsibility is the name of the game in Bitcoin. That's the whole reason this is here. When you give up responsibility, you give up so much more. We gave it up in the form of fiat currency. You know, people gave up their gold and they got these pieces of paper and surprise, surprise, the gold was rugged. And so you're going to see the same kind of shit at exchanges.

It's just because the space is purely digital, it can happen so much quicker and that rug can come out of nowhere. You have nowhere to go. You have nobody to help you. It is gone. So, you know, get your shit off exchanges. Don't listen to CZ when he tells you that everything is above board. There's no reason to trust.

And you don't have to. That's the point of Bitcoin. So hold your keys. 100%. I think the theme of this show, this week's show is just a giant trust me, bro, and every angle of how you should not trust me, bro. Anyways, Ben, I do see that we are pushing the hour mark. So I did have one more story in here just in case I didn't go long.

but I had a special request to ask you and I told you in the beginning I am going to troll you out a little bit for the lulls because you know I like to make things as entertaining as possible but the breaking news here ETC sessions you're about to launch a new comma sutra video series

to finally get Bitcoiners girlfriends Bitcoin bugle on the case dude this is this is journalism at its finest I've got to say it's I mean it's been a long time comment I put a lot of thought into the course go check out the quote tweets

because I put a gem in there if you can there we go I want viewers to be able to read my lovely wife's toe tattoo while her leg is in full inverted scorpion and my lingam is testing her yoni

throughout the methua whatever that is anyways whoever wrote this I'm sure had to come up had to do some research in Kamasutra to find those terms. But, you know, excellent, excellent reporting.

Bitcoin Bugle on the case. I don't even know how they get this leaked information, but they are absolutely ahead of the curve. Anyways, Ben, I know we're around the time. It's an hour show. I had a blast. I know someone in the chat said, wow, Opti sounds like Nico.

He just talks a lot faster. I get excited. I get really excited and it just comes out. I will try to slow down. Appreciate you guys. Dude, I love you. Thanks for coming. on buddy and and we'll be seeing you next uh we'll see you soon i'm sure nico will be back next week

and uh maybe we've got to get you on another why are we bullish soon absolutely love it would love to do that awesome all right dude have a good week all right everybody a couple quick things before we finish off here i just want to uh give a quick share of uh of of a few things that i thought were kind of interesting just a couple techie things uh fedament uh fetti uh uh the uh The alpha is here, so you can do it. You can download the app and test it out. It's all imaginary funds right now. So you want to play around and see what FETI has to offer.

I've already dove into it and played around a little bit. But yeah, I'm excited to learn more. Yeah, check it out if you're curious about Fetamint. Again, shout it to Corey. I saw this earlier. It looks like Swan. Lightning withdrawals are in Alpha. So that's awesome.

I love, so as as shitty as the Ordinals thing is, the fee pressure has put everybody's feet to the fire and everybody's working hard on getting lightning solutions and the lightning solutions, the wallets themselves are improving as well. So be sure to check that out. I'm stoked that Swan is jumping on this. So good for them. And you've already got it here in Canada with bold Bitcoin. Start 9. They had a huge announcement, a whole bunch of new stuff rolling out. Start OS version 0.3.4.2, Server Lite and a whole bunch with a new server one.

So basically, with the new update, you can now basically install your interface as an app on your phone just through the settings there. Also, they just announced the server light. So this is a RASPI, but it is entirely based on the SD card instead of having an external SSD plugged in, which deals with a lot of the power issues and solves a ton of stuff and makes it a lot more resilient. And you basically run a pruned node on it and you can run your L&D on what am I saying with neutrino. So you don't need like a full node behind it. Lots of cool stuff. And the price point is very low.

So like $199 for to run yourself a node. And that's, I mean, that's pretty convenient. That's not bad. They also have a special crypto cloaks a version of it with a 3D print of case, which looks badass. And then the server one, this is pretty awesome. So this like takes the place of what came before it with Raz Pi. This is, they basically say it blows Razpie out of the water. It has an 11th gen Intel processor, 16 gigabytes of RAM and an SSD up to four terabytes.

It costs the same as the old pie-based server one. And it starts at $4.99. I mean, that's pretty great. So good for them. And then furthermore, they reduced the price. of the server one, which is like, this is like a full end, high end computer. It's now 1500. So yeah, again, unmatched privacy, security guarantees, software stack is open all the way down to the firmware, including the neutralization of Intel's management engine. And you can check that

all out. It's over on their store that they link below. But go follow Start9 Labs, yeah, at Start9 Labs on Twitter. And you can see the thing there. And then they lay it all out. again, server pro, server pure, server one. So they've got a ton of different versions of the product based on the specs that you want. And yeah, I love what they're doing. Also, shout out to Callie, or not Callie, but Nutstash Wallet. Callie is helping with the implementation of Cashew, which is a lightning-based, Xiaomi and E-Cash.

I did a full tutorial on this. You can check it out, but new version just came out. If you haven't played, play. It's cool. fun, awesome privacy. Also, shout out bolts. They just added support for lightning to liquid swaps. I did a little thread on how I think that liquid may become like an in-term stacking

solution when fees get really high. You stack a, you know, you get to your lightning wallet when you're withdrawing, perhaps swap into liquid because you can actually hold it on a hardware wallet instead of be forced into a hot wallet with lightning. And then when you build up your stack, swap liquid to on-chain. and into your hardware. So yeah, anyways,

they just offered a simple swapping mechanism there. And then, of course, we mentioned it earlier in the show. I did a video on switching hardware wallets, obviously because of the ledger debacle, but like any time down the road, if you're like,

hey, you know, the wallet I'm using, did something shitty. I'd like to try something new. There you go. This is how you do it. And I got to say, I put this up yesterday,

and there's like 6,000 people that have watched it so far. So apparently a lot of people looking to switch hardware. So anyways, this will walk you through and it also includes links to how to set up cold card and everything if that's what you're looking to do. And then finally, tomorrow,

we've got new Why Are We Bullish. We've got Mary Emissouin. We've got one of the guys from the Tuttle Twins, which recently did an animated Bitcoin episode. It was badass. If you haven't checked it out, do. And then we've got Robbie P. And he is, he's an Australian.

and he's like a grunge rapper and I've got to say his shit is fire. He just did a song. I found it. I think it's called the most toxic maxi ever. And it's and it's pretty damn good. I've got to say, anyway, stoked to have him on. It should be a good time. It's going to be a blast.

So tomorrow, 6 p.m. Eastern Time. That's it. So we'll log off here. Guys, if you like this, like, subscribe, share. All that helps a ton. Hit up the previously mentioned sponsors down below. You can hit up my website as well, BTCSessions.ca to book your private sessions. And if you really liked what you saw, you can scroll down a little bit.

There is a lightning QR code that you can scan to drop some sats. Or if you click it, it'll take your right to my Geyser Fund page, which is the exact same thing. You can also send sats there. And yeah, help fund the show. And with that, I am out. Have yourselves a wonderful day or evening. I'll see you guys next time for your daily session.