BTC Sessions - WHY ARE WE BULLISH? Avi Burra, Green Candle Investments, Jon Chenot ep447

Episode Date: October 18, 2024

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Transcript
Discussion (0)
Starting point is 00:00:35 What is going on, everybody? Welcome to this show, another Friday, another episode of Why Are We Bullish? We've got an awesome crew joining us this evening. It should be a good conversation. Been a while since I've seen some of these gentlemen, and it's always somewhere on the opposite side of the globe. So good to have them all here digitally with me for the evening. Hope you guys are having a good week as well.
Starting point is 00:01:01 Looking a little bullish this week. So we tapped 69K earlier. Nice. So yeah, it's going to be going to be an interesting weekend and shaping up to be an exciting end of the year. Anyways, this, of course, is live. And particularly tonight,
Starting point is 00:01:20 because the entire back end of the program I'm using has changed. Anything can happen. So I defer to my friend Bill here. We'll do it live. Okay. We'll do it live. Fuck it.
Starting point is 00:01:33 Do it live. I can write it and we'll do it live. The thing sucks. If you have not already, please do like, subscribe, share. All those things, they help a ton getting this content in front of more eyeballs. I am Ben with the BTC sessions. This is your daily session. All right. And before we dive in, let's take a look at where we are in the market right now.
Starting point is 00:02:18 I'm pulling up currently. timechain calendar.com. And currently, we'll do a little swaparoo here. Oh, this is neat. I'm learning as we go. We're sitting at $68,352 per coin. A single U.S. dollar will grab you 1,463 sats. In terms of fees, seven sats per byte next block.
Starting point is 00:02:42 And in terms of Bitcoin mine, 19.76 million of them, that's 94.14%. of the total supply. We're going to give a quick shout out to our sponsors, and then we'll get all the gentlemen in here to start getting bullish. So we'll see in one minute. Bitcoin Well is on a mission to enable independence by being one of the easiest and quickest ways
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Starting point is 00:03:34 Check them out over at Bitcoinwell.com. Check out my full tutorial on how to use them. And you can check out the links in the show notes down below and sign up today. Speed is one of the fastest growing Bitcoin lightning wallets out there. It is a fast and secure way to send and receive Bitcoin and stablecoin payments instantly. You can even swap between Bitcoin and stablecoins directly in the app. Also in the app, you can buy gift cards for all the best brands and earn rewards in the process. To download speed, simply scan the QR code on the screen, click the links in the show notes down below, and use code BTC Sessions 10 to get 5,000 sats for free. All right, we are back in
Starting point is 00:04:21 and it's time to bring in our guests. So I want to welcome, Brandon. Avi and John to the show. Thank you gentlemen for joining me. It's a bullish bunch. And maybe what we'll do first is we'll do a quick round of intros so that anybody that's unfamiliar can get to know you guys. So Brandon, I'm going to toss it to you first. Welcome. Can you give yourself a quick intro? Yeah, man. Thanks for having me. I'm Brandon of Green Candle. I'm building the Green Candle Media Company. I like to describe it as the barstool of Bitcoin. And finance so catch me over there hell yeah well glad to have you once the last time i saw you was it like miami or i don't know it might have been it's it's been or maybe in montreal um oh yeah yeah yeah the the montreal bitcoin conference last year yeah yeah yeah that was a good time i enjoyed that one that was fun or earlier this year god yeah it was in uh march i want to say it's a blur for me but yes I was in Montreal for that and it was a good time.
Starting point is 00:05:28 So yeah, man. Anyways, glad to have you. And we'll jump down to Avi as well, Avi. It's been some time last time I saw you, we were having delicious steaks or cigars or whiskeys or all of the above depending on the evening. So how are you doing? Give yourself an intro. Yeah.
Starting point is 00:05:47 Nice to see you guys. Can't think of a better way of spending a Friday evening than these fine gents. Yeah, look, Avi. Burra. I'm author of the first book of fiction, first long-form book of fiction on Bitcoin. It's called 24. Ben's holding it up. Thank you, Ben. Host of a Bitcoin and Nosterfocused podcast called Plap Chain Radio. Usually air at this time, Ben, but since you asked me to be here, we recorded a little earlier today. And recently, this is bringing some news with folks here, launching a U.S. health care data company that's going to be focused on Nostra and Bitcoin.
Starting point is 00:06:29 So we're going to deal with the data interoperability on Nostr and then bring Bitcoin payments as a result of that. It's called NOSFabrica. Nice. I love it, man. That's awesome. I feel a little bad that I'd like roll over top of your regular show. Maybe I need to examine that a little bit and not screw with that. Well, that's awesome. I'm glad to have you here, man. And anybody who hasn't checked it out, go check out the book.
Starting point is 00:06:58 It's awesome. We need more Bitcoin fiction out there. It's too few and far between from what I've seen so far. But it's picking up. So, yeah. We'll toss it to John. John, good to see you. Last time I saw you, I think would have been El Salvador.
Starting point is 00:07:18 door and you had me jump in an ice bath. I had a very poor showing. I think, or did I see you somewhere else? Riga. We were in Latvia together. Oh, yes. Yeah, we were just, man, what a, what a, we, we were in Riga together. And that was a good time, too. We were, we were hanging out at a bit of a beefsteak. So steak is a common theme, I suppose. Give yourself an intro for anybody in. unfamiliar. Yeah, I'm John Chenow. For those of you guys who don't know me, I've just been
Starting point is 00:07:58 involved in the Bitcoin space for a few years, started just hosting meetups and hosting my own podcast that's been in remission that is yet to be kickstarted. I've got some episodes in the back burner ready to launch a new season here. But yeah, really passionate about bringing people together in person building the social layer of bitcoin and doing that now through these smaller private retreats adventures excursions whatever you want to call them in various parts of the world where we gather a small group of you know like buying a bitcoins entrepreneurs digital nomads and we explore a new part of the country and combine it with activities like service surfing, all kinds of different adventures, sailing and ATV tours, everything like that.
Starting point is 00:08:54 So citadel theory.com is my website, and that's kind of the idea we're building the foundation of the future Bitcoin Citadels by building out that community. Hell yeah. That's all. Were you doing one of these when you were in El Salvador? Because I came by and you had the group going there at that house, right? Yeah. Yeah, that was our first experience that I did officially.
Starting point is 00:09:23 I've done a lot of these like gatherings, just kind of getting a group chat together and be like, hey, we're going to Brazil, we're going to Florinopoulos, we're going to do this, and then throwing everything together. But this was kind of the first official retreat that we did in Elzante. And yeah, we just had a beautiful week there, surfed every morning, got up at sunrise, did yoga. all the meals and everything were prepared for us. And then we had these great, what I loved about that event was our masterminds where we just got together in the afternoon and talked about life. We talked about everything from like our social lives, dating in relationships to business and lifestyle design, kind of what our goals are. And then health and wellness as well. So kind of bringing those that like trifecta like, all right, we get the money.
Starting point is 00:10:18 Bitcoin's the best money. All right, we got it. But what about our health? What about our wellness? What about all the other aspects of our life that we want to improve? I love that. I love the, again, Bitcoin spurs you into bettering yourself over time as well. I think for the ultra-curious, the people that kind of learn to be more financially responsible because of it,
Starting point is 00:10:44 It can reach out to other parts of your life if you let it. And it sparks a curious mind and you question a lot of your previous habits. So yeah, that's super awesome. Well, gents, we're going to dive right into it. Everybody that's here that's watching, already, geez, already 600 some odd people tuning in. So everybody, welcome, welcome. We are doing a show called Why Are We Bullish? really simple premise. Each one of us has come with a reason for being bullish in and around Bitcoin.
Starting point is 00:11:19 And the flow of the show is super simple. Somebody is going to, number one, drop their reason for being bullish. That's their chance to rant on whatever is top of mind to them. Number two, altogether, we're going to riff on it, just comments, questions, whatever rabbit holes, we decide to go down. And finally, number three, we're going to rotate to the next person until we've all had a turn. So reason, riff, rotate, nice and simple. And also, if you've got comments, Color commentary as we go on, feel free to drop it in the live chat and I'll try to bring it up if I see something that is relevant to the conversation. I will, of course, let Yellow celebrate a little bit. 58K gang is gone.
Starting point is 00:12:03 The Memoir has been won. We can fly now. You are welcome. So congratulations, Yellow. We'll see how soon you are free from the hell that is streaming every single day. for your don't stop believing. But with that, I'm going to kick us off with my reason for being bullish. I'll try and keep it short and sweet, but I've got a visual accompaniment that I wouldn't
Starting point is 00:12:27 mind adding in here. And it's going to seem negative at first, but I'm going to kind of let you know my line of thinking as to why I think this is bullish. And this is in and around Italy. they are planning to raise Bitcoin capital gains taxes from 26% to 42%. Now, that's obviously not very bullish being there and staying there, but I think what it spurs on is bullish. And what that spurs on, in my opinion, is a little bit of what a number of Bitcoiners have read about in a book called The Sovereign Individual. So that sovereign individual thesis is that in a more and more digitized world, people will begin to go where they're treated best and not just go where they're treated best, but take their capital with them.
Starting point is 00:13:24 And with the legacy financial system, there were a lot more barriers to that. But with Bitcoin, you know, there's obviously hoops to be jumped through in terms of legality. But I also think that when you get instances like this, maybe that are like shotgun quick changes before people can adjust, you're going to have people step around those things. And the technology itself can't differentiate where you're holding your keys or where you have access to it. Bitcoin is not beholden to any one jurisdiction. It just is. And so I think we're going to start to see, and we've already seen it prior to Bitcoin. We've seen kind of, you know, the nomad capitalist ideology, hey, flag theory, I'm going to go where I'm treated best and everything.
Starting point is 00:14:20 But there are, you know, a lot of stuff to deal with that in terms of moving capital. That is on its way out. And you're also seeing on the flip side of things, jurisdictions, taking. the opposite end of the spectrum here too. Of course, we have El Salvador where legal tender, you know, capital gains are non-existent. It's just a currency. You're also seeing little moves from different jurisdictions like I'll bring up one really quick here. But this isn't that long ago, just a couple of days ago or a few days ago, I guess this was. But United Arab Emirates, introduces a VAT exemption or value-added tax exemption for, well, you know, Bitcoin, but
Starting point is 00:15:10 crypto transfers and conversions. So I think what you're going to start to see is you're going to see the jurisdictions that have a lot to lose, getting more defensive, and the jurisdictions that don't have as much to lose being welcoming and saying, hey, you know, we're not going to tax the shit out of you. Come here, be productive. And if there are taxes, they'll be small and transparent. And this is what you're going to get. They're going to start treating their constituents like customers rather than servants. And to me, that's super bullish. And it's not going to happen all overnight, but we're seeing the beginnings of it. And I think that's pretty exciting. So I'm curious to
Starting point is 00:15:59 hear you guys thoughts whoever wants to dive in whoever has some thoughts in around or comments or questions or rabbit holes to go down just dive in go ahead yeah uh i guess i'll shoot it off here i mean we did see a lot of this already you know with uh you know in 2020 right we saw i mean in america alone we saw people moving from you know blue states primarily to red states so um you know obviously we saw a lot of things happen in in your home country of canada as well during that time ben which I'm sure you're very familiar with. So a lot of people are obviously moving with or voting with their feet in a sense, right? I mean, I know Jack Muller's moved strikes headquarters down to El Salvador,
Starting point is 00:16:41 and I'm sure a lot of other companies will start to do that. They'll go where the incentives lie. I mean, the U.S. became a world power by being very friendly to the entrepreneur, and allowing a lot of companies to come in and being very advantageous there. Now, like you mentioned with the digital age, you could essentially bring a company anywhere. So, you know, the more places that make it difficult for a company to start, make it very tax heavy and tax incentive, you know, people are just going to start to move away. You know, there is going to be some things that hold people back, maybe families, other, you know, personal circumstances. But I think, you know, as things are growing, we're going to see a lot more people voting with their feet.
Starting point is 00:17:22 And, you know, I think this is just a move that Italy is going to make that's, you know, essentially going to shoot them in the foot over a long period of time. So, you know, I agree with you. Maybe in the short term, it's not necessarily bullish, but in the long term, it will bring people to more of, you know, a friendly jurisdiction to Bitcoin and other things like that. So, you know, once Italy sees and other countries see how people are reacting to this change in Italy, you know, other countries will be more tentative when it comes to, you know, making some laws that are maybe tax heavy or negative to the Bitcoin industry.
Starting point is 00:18:00 Bitcoin is a dissident technology, right? I'd be worried if a government got too friendly with Bitcoin holders. So in a sense, I actually view this even short term as a bullish thing. There's obviously the voting with their feat thing that Brandon said that's going to happen. And countries are going to find out the hard way. But I think over the long term, the best outcome for Bitcoin is if countries realize there's absolutely nothing they can do about it. And they just step out of the way, not get friendly. That to me would be a worrying sign.
Starting point is 00:18:35 We just step out of the way. I like that. John, what are your thoughts here? Yeah, I think I agree with you that it is playing out kind of like a lot like we imagine. and what the sovereign individual thesis laid out. Like some, you have the Luddites, the countries, and the groups of people who are going to be resistant to the change and want to continue to rent seat.
Starting point is 00:19:07 They're going to want to continue to maintain the status quo because they're benefiting from the status quo. And it's an existential risk for them. So in the meantime, you see countries, like El Salvador, just stacking the shit out of Bitcoin, and also countries like Argentina, where we're heading actually next week for one of our experiences. And the reason we're going there is because, well, for one, it's just a beautiful country, and it's overlooked in a lot of ways as just this amazing thing to explore. But you have, for one, a people who are tired of all of the
Starting point is 00:19:50 socialist BS being shoved down their throat and of the monetary destruction that they've experienced over the past tens of years decades and decades of it like you can talk to Ariel my buddy and he just has he carries with him all the copies of of their currency that have been devalued from like a thousand a one a thousand and one like over and over and over again And so when you have these types of movements, and you have Javier Malay who's coming into that country and bringing a fresh wind of new movement towards freedom and towards open markets and actually initiating some change. So the beautiful thing is, you know, it is a big wide world and the countries and the, and the communities that are unfriendly to bitcoin, unfriendly to actual freedom, unfortunately they're just digging their own graves because we do have options and
Starting point is 00:20:57 we have the winning hand. Bitcoin is that is, you know, that's monetary asset. It's and it's actually going to function that way so we can take it with us wherever we want and treat and then and then go to the the jurisdictions where we're treated the best. Yeah. Yeah. It's, it's, I do like seeing, and I'll admit that I haven't kept up with everything Malay related, but he does seem to lean heavy into the free market, kind of like let's, you know, let's privatize, let's allow the free market to do its thing. Let's, you know, get out of the way.
Starting point is 00:21:43 And I love the exchange going on in the chat right now. See Funk. As Jean-Roul famously said, move, bitch, get out of the way. Of course, Brandon had to jump in and we couldn't let it slide. Jail Rule does not deserve the credit there. It was, of course, ludicrous. But nonetheless, great lyric. But either way.
Starting point is 00:22:06 Yeah, I mean, it's all around, I think that regardless of the direction, individual countries, go in the interim. In the end, it ends with a much freer world as a whole, and not because of the governments, but because the governments must now react to the fact that we have censorship resistant global money that can't be easily frozen or stopped. And that's a huge development. So we'll see. We get to live through it playing out as we speak. So that's an exciting thing. So I'm going to put a bow on my topic here.
Starting point is 00:22:49 I don't want to spend too much time on it, and I want to get to you guys. So we're going to do a rotation here. Actually, Brandon, I'm going to toss it to you first. I'll cue you up with the same question that everybody gets. And why are you bullish? All right. Well, yeah, great to lead it off here.
Starting point is 00:23:09 But, you know, last time we saw quantitative easing in 2020, we saw $4.3 trillion worth of liquidity injected into the market. And it was disguised as the quote unquote COVID relief package. Well, this occurred, like I said, in March of 2020. And since then we saw a big effect of the Bitcoin price action with a Bitcoin price nearly doubling in less than three months and then going all the way up to 60K within about. a year. Now we're seeing interest rates cut for the first time. And it's not just a small cut. It's a 50 basis point cut here at the beginning. We even had Senator Warren calling for a 75 basis point cut, you know, because the economy isn't as good as they're really selling it if you peek underneath the hood. So to me, it smells like there's massive amounts of QE that are upon us.
Starting point is 00:24:03 And the government is now addicted to that money printer. So, you know, last time I said we had QE, it went from 4 to 60, that was a 15x jump in a year. This time we're seeing it. It was at 63 to 64K at the time of the rate cut and more cuts are ahead in the coming months and who knows how the economy react in all of that. So, you know, money printing is seemingly a necessity at this point to keep our economy from breaking. And on top of that, what's the major difference on this time around? We've got the Bitcoin ETFs ripping and rolling with $2.1 billion. Yes, that's billion with a B for the kids at home of net inflows in the past week alone. We've seen El Salvador stacking a Bitcoin a day and continuing to double down, as well as getting Bucale reelected.
Starting point is 00:24:54 So that's going to continue, and El Salvador is going to prosper. We've got Maya, a presidential candidate in Surinam running on the backs of a Bitcoin policy. We've got the Kingdom of Bhutan making waves with massive amount of Bitcoin mining operations. And we also had Donald Trump, the leading U.S. presidential candidate on stage, getting on the Bitcoin trained, joining the Bitcoin conference. So with all this, you know, we have traditional finance. We have countries now getting into Bitcoin. And QE potentially upon us, which means more inflation, the money printer going. I'm seeing the potential of a huge Bitcoin price trump. And if history repeats itself, you know, the 16x or 15x jump of,
Starting point is 00:25:38 where we're at is closing in on a million per coin. So I mean, with all that being said, these macro factors, the massive amounts of inflation that we could potentially see here could be good for Bitcoin. Obviously, it would be a little scary in the dollar terms, but I think everything is going to start to accelerate here. And yeah, how can you not be bullish with all this going on? I love what you said in regards to, you know, the this, stats being completely misreported in terms of official inflation and, you know, how is the economy doing and all the jobs numbers and everything. And all of that shit is just so cooked. And often revised months later, right? Like the jobs reports, it's always like, oh, we created
Starting point is 00:26:26 X number of jobs and that's just a guess. And then later on, they're like, oh, whoops, like a hundred thousand here, a couple hundred thousand here. It turns out they didn't actually exist, but like that's just kind of snuck in after it's already been reported as some sort of miracle. All the number, like, do you have any faith in any numbers that ever come out anymore? How could you? I mean, it's ridiculous. Yeah, they had the biggest jobs revision in history a couple months ago. So, you know, like you said, it's everything is just reported.
Starting point is 00:27:01 I mean, if you look at the inflationary numbers of, you know, what we used to measure CPI in, I think in 1980, it peaked at 16%, but we only reported about a 9.5 something, 9.2, I believe, percentage of CPI. So, I mean, like, you know, even then, if you look at how they're calculating the numbers, everything's changing. They're just going to keep kicking the can down the road. They said, you know, a recession is multiple quarters with negative GDP growth. Then they change the definition of a recession. So they're just going to keep moving it. And this whole facade is just going to keep going on until people start waking up.
Starting point is 00:27:39 And, you know, I think on the positive note, I think a lot of people are starting to wake up. And that's why we're seeing more and more people get into Bitcoin on a daily basis. And, you know, like I said, traditional finance and other, you know, countries now, people are running on that. So, you know, I think they're realizing the true power of Bitcoin. And yeah, it's just a matter of time at this point. Yeah. Yeah. I'd echo that. It's, it is, it, again, I guess, harkening back to my topic, this is something that was discussed
Starting point is 00:28:13 in sovereign individual too, which is a complete dissolution of trust in institutions. And it's also outlined in the fourth turning. But it's just, you know, people no longer trust what they're being told because it's blatantly false at some point. Like the desperation of our previously trusted institutions to maintain relevancy and power is being completely undone. I've not seen this much distrust in everything from news organizations to health organizations to official government numbers to all of these things. Nobody buys any of it. Or if they do, it's not because they have done any actual looking.
Starting point is 00:29:02 into where the numbers came from. It's just this is my team and I'm going to agree with them at this point in time because I like this team or I'm team red or I'm team blue. It is whatever it is. But that's kind of all dissolving. Avi, I want to get your thoughts here as well. Are you seeing kind of this dissolution and trust? Like how are you looking at where we're heading with, I don't know, just like the continuation
Starting point is 00:29:30 of clown world as we've seen it so far? Oh, there's a complete disillusionment, right? And I don't know if you guys saw this. The FBI released some crime numbers, some revised crime numbers. So the earlier numbers had crime going down. And I think months later, they, I don't know if this is a nationwide thing in the U.S. or specific to a certain state, but it's actually way up. So it's complete clown world.
Starting point is 00:29:58 They create the sense of, and you know, you have to wonder, especially when these things happen close to an election, the stuff like job numbers, right? Are they inflating the job numbers to make a certain candidate look good or the incumbent look good? And then once everything's over, they revise it back down. Same thing goes with all these other numbers as well, whether it's crime, health stats, and so on.
Starting point is 00:30:24 So, yeah, I don't trust a single thing I see from official news sources from the government, I just, you know, keep stocking on. Keep stocking and keep building. That, I'm glad you brought up that, that crime report. It's, it's hilarious how wrong it was. I just, I have it here. I'm going to pull it up. It's, it's, stealth edit FBI quietly revises violent crime stats.
Starting point is 00:30:52 So this for 2022. In September 23, it reported that the nation's violent crime rate fell by 2.1%. They quietly revised those numbers that it actually increased by 4.5%. So basically
Starting point is 00:31:12 off by 50%, and then also in the opposite direction. So like they were just so wrong and the number wasn't even close. Like basically 6% off to a point where violent crime is actually
Starting point is 00:31:28 rising. The other, what was the other bit of it that was particularly interesting? Oh, yeah, it was the number of murders that they omitted because every murder is, of course, reported. They just missed. Yeah, there we go. The FBI underreported almost 1,700 murders that they just, they're like, whoops, I missed those. weird. So, yeah, like the number, again, people just, why would you believe any, any numbers that you read from an official source? It's crazy. And you know, the best part of this, of this whole FBI
Starting point is 00:32:12 thing, it was a stealth edit. They didn't put the hand up and said, Mia Copa, you know, we made a mistake, nothing. They edited it. I think someone had to dig it up, and they found this. It's wild. It's crazy. John, I'm curious your thoughts here as well. You know, You know, you don't strike me as somebody who will just take the trust me bro route. What's your reaction to clown world? Is it in time? CNN in the background, just like, they tell me what to do, right? That's the best source.
Starting point is 00:32:44 We're good. As long as we do what they say, you know, everything goes smoothly. Yeah. 100%. Yeah, man, it's ridiculous. You know, it's interesting as well kind of going, I've been traveling a lot this year, and it's been interesting to see what where certain biases and how kind of the media shapes people's perspectives of the world in different places in different parts of the world and how, you know, you might have the U.S. right think is is a certain way and people are kind of acting and thinking about things in that group think way but then in europe you've got kind of another perspective and you've got like all the
Starting point is 00:33:41 yeah so it's it's a big mess but like the i think the good news is is that like the truth is kind of getting out there and with the internet with inter connectivity You know, thankfully, Twitter is still, or X, is still somewhat, you know, free environment where people can, there's kind of a free flow of information. So that's able to be maintained for now. And I'm really hopeful with Nostr and a lot of the things being developed there, you know, we were at Nosturiga in Latvia. And, you know, it's incredible what we're able to build with with this, you know, you know, it's incredible. what we're able to build with this distributed communications protocol that's going to be able to replace pretty much everything on the web. We're going to be able to host on distributed servers.
Starting point is 00:34:39 And so there's going to be no way for them really to censor us. I think that the free flow of information and then Bitcoin connected to that is helping us to sift through the massive amount of information. So like the internet connects humans on a information level. It's like taking all the synapses, all of us are connected to the phones and constantly sharing and reviewing information. And so all of us are like plugged into that to that network. But then with all of that connectivity comes the difficulty of like sifting through, well,
Starting point is 00:35:18 okay, then with all this information, what's the most important thing? to focus on, like what is the best thing that's happening right now or what's the most important thing for me to focus on and the best thing I could be working on. So Bitcoin, I think connected to the internet is helping us solve for that value judgment layer. It's like adding on that missing elements to the information layer so that we're able to see where the actual value's going and now they can move freely through Bitcoin and lightning and all the all the great things we're working on so yeah I the I guess uh yeah trust trust the science and trust the experts that's that's my final final word you know
Starting point is 00:36:14 perfect yeah I I often try to just trust. Whatever you do, the key takeaway is don't ever do your own research, never. That's a very important lesson to learn. I'm glad that you brought up Noster also
Starting point is 00:36:35 as like a solid method of communication, a social protocol where people can kind of escape the draconian top-down controls on on speech. And I want to actually give a shout out to anybody that's watching the Noster
Starting point is 00:36:55 live stream right now. The chat's been going. There's been zaps happening and everything like that. So shout out to all of the Nostridges over there that are tuning in right at this very moment. It's awesome to see. And actually, side note, on the Noster versus Legacy Media, there was a time, I think it was a couple of weeks ago. Like, obviously, the, the size of the audience over on Noster, just in terms of sheer number of users that are on that protocol versus, like, centralized platforms right now is small. But what I will say is at one point in the past couple of weeks, I actually had, in one instance, number of Noster viewers live, surpassed number of live YouTube viewers
Starting point is 00:37:50 because of partly because YouTube sometimes throttles my videos depending on the content whereas Noster is just you know there is no algo. There is no almighty algo to define what
Starting point is 00:38:06 is hot and what is not and what is worthy of listening to and what is not and so that was very interesting to see and so I like I really hope to see that pick up more where more people start streaming directly to Nostr and gradually, like, if that was started to become the case where, you know, like, it's tough right now because I want to educate people and part of that
Starting point is 00:38:34 is reaching out to people that aren't currently already down the rabbit hole as far as even finding Nostr. So, you know, I'm in a way, I kind of have to remain exposed to these legacy platforms. But I do think it's worth kind of maybe having some content that just goes there that is exclusive to this new protocol that I think is more important than these legacy platforms. And yeah, so anyways, if anybody happens to watch this on a legacy, you know, on X or YouTube or something like that, I encourage you to make the leap. And give it a try. And like, yeah, it's early days.
Starting point is 00:39:17 But man, the speed of innovation that's happening over on Noster and the promise just of not having to be beholden to anybody is so important in the world that we're living in right now as it's just constant bullshit information being fed to us. And if you try to call it out, you know, back to Brandon's point of everything being cooked and all of the information being bad. and the governments and news agencies flailing because shit's going bad and they got to make it look good. If you want to avoid that and you don't want to be penalized for calling it out when you see it, then yeah, examine Noster. Go and go and check it out. I think it's well worth it. So with that, Brandon, do you have any other final thoughts that you want to get off your chest before to put a bow on this topic here? No, that was great, man.
Starting point is 00:40:15 I appreciate all you guys points and everything. So I think we could put a bow on this one. Awesome, awesome. All right. Well, then in that case, first off, thanks for the topic. And we are going to do another rotation. Before we do, I'm going to do a quick shout to our sponsors. And we come back, actually, we're going to give away some free sets.
Starting point is 00:40:39 So everybody watching, get those lightning wallets ready, get ready to scan some QR codes and and we'll be back momentarily. So we'll see you in about a minute here. So cheers. Coinkite.com has some of the best hardware on the market today to secure your Bitcoin. The cold card queue is an absolute powerhouse and is my daily driver. And on top of this, they have plenty of other goodies including the Mark 4, the tap signer, open dimes, the block clock, and much more. If you head over to their website, make sure you use code BTCS. sessions at checkout to get a nice discount links are in the show notes down below
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Starting point is 00:42:04 Head over to BitcoinKeeper.com to download the app and use code BTC Sessions 30 to get a 30% discount on your first subscription. All right, we are back in and we're going to give away some sats before we dive into our next topic here. So I'm pulling up, this is Bitcoinwell.com. If you're unfamiliar, they're in Canada and the U.S. Great spot to be stacking sats if you're so inclined. But basically the way it works is when you do sign up, you earn points. When you buy Bitcoin, you earn points. When you refer friends, you earn points.
Starting point is 00:42:38 And those points can be used to toss coins into the Bitcoin wishing well. And when you do, you have the chance to win somewhere between 500 and a million sats. And so basically what we're going to do, is we're going to hit play now. We're going to toss a coin in the well. And if you got a lightning wallet handy, the first person to scan the QR code will be rewarded with 500 sats right now.
Starting point is 00:43:04 So get scanning and redeem those sats. Yesterday we had 2,100 sats. A week and a half, two weeks ago, 210,000 sats was the reward. I haven't seen a million yet, but one of these days will do it. and it had better be during a live stream. That'd be pretty awesome.
Starting point is 00:43:24 But congrats to whoever gets to stag those sats. And I will say one other way to earn some additional sats. If you're unfamiliar, I put together a team over at Bitcoin Mentor. Awesome, awesome people to help educate. Yeah, I'd say a mix of people. Any Bitcoiners that maybe feel like they're in the Bitcoin Luddite stage, you've learned like a couple of things and then you've stayed still and haven't learned anything new in a long time,
Starting point is 00:43:53 and you're no longer sure how secure your setup is. Obviously, we can help people out like that. But a lot of you watching this are very familiar with Bitcoin. You've run the gamut. Maybe you've got your hardware. Maybe you're doing multi-sig, whatever. But you're going to have lots of friends and family that are going to be very curious as price continues to inch up, as it will.
Starting point is 00:44:14 But if you want to point them towards a group of professional educators that can help them in their journey, and you also want to earn SATs in the process, then you can become a Bitcoin mentor affiliate. There's a QR code on the screen. You can scan that and sign up to become an affiliate. And then every time you share your link, every time in perpetuity when somebody books a single session
Starting point is 00:44:38 through your link, you will earn $21. So not just the first time that they do anything, but every time they book a session, you get $21 and it gets paid out in Bitcoin at the end every month. So if that sounds interesting to you, then please do scan the QR code, sign up. We'd love to have you. And we'd love to also educate those around you. And I'll show the QR code at the end of the episode as well, if you're curious. Anyways, with that, enough of my rambling. I'll get this off the screen here. And we're going to do a rotation. Avi, I'm looking at you.
Starting point is 00:45:11 I'm going to cue you up with the same question everybody gets. Why are you bullish? So I started off being super bullish, and then I heard Brandon and John's intros about what they do. By the way, nice meeting you guys, both of you for the first time. And I became even more bullish, and I'll tell you why. So, well, take a step back, Ben, and I think what a lot of us want is for the vast majority of the world to adopt Bitcoin, right? I mean, I think that's how we win. As many people in the world use Becker, not just as a store of value, but as a medium of exchange, right? That's how this revolution is successful.
Starting point is 00:45:54 If not, if you don't get that, then we've just had some really good stakes and cigars at conferences, and that's fine. So, and what I'm seeing, until now, right, a lot of people take the view that have taken the view that number go up is, the main way of getting people in. And I, yes, maybe, but my, you know, I don't think that is the stickiest form of adoption. People come in, it brings in, if he pumped to 200, 250, 300, right, the cycle, it will bring people in, right? But I don't know how sticky that's going to be. Maybe some of them will stay and learn. But what's even, what really is sticky is if there are applications that are solving real problems, either on Bitcoin or Bitcoin adjacent protocols like Nosta, right? Or if there's some kind of, if people are having fun, right, if there's something like
Starting point is 00:46:51 what Brandon's doing with the studio or what, what John's doing with self-improvement, right? That's the sort of thing where you make that emotional connection with people that keeps people when they do come in, right? And so that's one of the reasons why I wrote my book, then right, it's a, like a hero's journey about a young man trying to find his dead father's secret and understand his relationship better, but in the process, becoming a Bitcoin maximalist. It was trying to bring people in through that emotional story. It's not the reason why I'm building NOSFabrica, which is it solves a real world problem about giving patience, complete sovereignty and autonomy over their health data and decisions and price transparency. And that, you know, and Bitcoin's right there, right? They're searching for care,
Starting point is 00:47:37 and they find the price they can, you know, pay in lightning and get the care there. So we're seeing a lot more attempts at stickier adoption. A lot of people are recognizing that. A lot of people are recognizing on a related note that NOSA is not just a social media protocol, right? It is a communications protocol.
Starting point is 00:47:57 It's a way of relaying signed events. And it just so happens that social media is the easiest expression of relay relaying signed events. But it's so much more. It could be healthcare data. It could be records, credentials, and so on. I mean, the list is you can re-architect the entire application layer of the internet using Noste. And Bitcoin is right there, right?
Starting point is 00:48:20 The LN URL is part of your profile metadata in Noste. So this makes me really bullish because we're moving into a paradigm of much stickier adoption. I love that. Yeah. I mean, it's, it's, again, Bitcoin gets a tendrils into everything and begins to affect everything around it. And it's, it's no wonder that Noster came from the mind of a bitquiner. It's, it's no wonder that those things have begun to kind of grow in parallel of each other. Yeah, I think you're right.
Starting point is 00:49:02 Like, it's not just the number go up. There's so much more to it. I mean, even to earlier conversations, just like off the intro is talking with John, like the self-improvement aspect of it. Like that becomes a piece of it, the relationships, the everything. It's it's an exciting time. But I don't want to step over other people's thoughts here. Maybe John, if I can maybe toss it towards you first, if you have thoughts on what Avi just said, and then I'll go to Brandon Aptych.
Starting point is 00:49:39 Yeah, yeah. I think Avi and I should definitely share a cigar sometime and go deep into this. We're definitely on the same wavelength. I've a lot of my thought in this, you know, I guess one thing that comes to mind is we, like you said, we are really focused on Bitcoin adoption, right? We want to advance Bitcoin knowledge. We want to as many people to be a part of this thing as possible because then, you know, never go up.
Starting point is 00:50:18 We've got more friends involved. We've got we're advancing the economy and just human betterment in all different, all these different ways. And, you know, up until this point, the majority of Bitcoin adoption efforts have been information base. And that's why I love your narrative, narrative book. And I'm really excited to dig into it. It's because we are multidimensional creatures. We're not just information base. We're social beings. We're we adopts beliefs primarily through stories and narratives and social connection and through observing social status and, and, and, and, and, you know,
Starting point is 00:51:05 as well. And so, yeah, behavior, the way that we actually change people's behavior, unfortunately, it's like, it's a small percentage of that, of that is going to come from getting the right information to people. And so we've got like such great information. And Ben, your podcasts and your resources online have just provided such a wellful of like proper methodology when it comes to ownership and and just giving people that right framework of how to self-custody and that it is approachable and everything.
Starting point is 00:51:48 But I think as we move into this new era where all right, everyone kind of knows about Bitcoin now and we've got a wealthful of educational resources that are kind of putting people in the right direction to really move the adoption needle and it's going to take us as enthusiasts of Bitcoin and advocates, it's going to take us elevating our own lives and setting the example for others to follow of what it actually means, how Bitcoin can actually change your life. and provide an incredible life of freedom. You know, I talk a lot about citadel theory. And what we have, like the citadels of the Middle Ages
Starting point is 00:52:44 were these massive beautiful structures that stood up on the mountains for all to see, right? They weren't, some of them, maybe they had fortified hidden structures under the mountains, but those were like backup plans. But they were signs of strength and there were things that were in front of everyone and in front of all the community and the military and the enemies. So I see Bitcoin is like, yeah, we have this amazing storehold, stronghold of wealth. And if we're going to represent that well to the world, I believe that we should be kind of showing the freedom, not not hiding and like creating this hidden backup plan, I guess.
Starting point is 00:53:49 Yeah. I mean, it's instructive, right? It's it it um by by kind of showing the world uh that one way of living can can um improve a lot of things for the individual um i think yes there's going to be some some some people that uh come at that negatively but i think more often than not there will also be people that say, huh, there's this group of people that has been flourishing in the midst of this mess of crap that is clown world. I wonder what they know. I wonder what they're doing that I'm not doing. Maybe I can do some of that. And self-preservation is a hell of a mechanism to encourage somebody to change what they're doing, right? People are much more likely to act in order to not lose something they already have than to gain something that they never had.
Starting point is 00:54:56 And so when shit hits the fan and people start not being able to afford life and things start deteriorating and they you know their savings are worth nothing and they're actively losing things, then that spurs them into action. And you know, they're going to look somewhere for how do I avoid this? How do I save what I already have? And you know, when there's an open, example of that, they'll hopefully gravitate towards it and learn from it, right? Yeah, 100%. And just to tap on the end of that, like, I guess we're kind of where I was going with this. I lost my train of thought a little bit, but like we're, you know, we have the arc,
Starting point is 00:55:40 we're building the arc and this lifeboat is saving us from the rising tides of inflation, of monetary debasement and everything. And I like that analogy, but it's not just a lifeboat. It's like also a party vote at the same time. Like, Bitcoiners are the ones who are thriving. We have like the jacuzzi on there. We've got the party going. We've got like music.
Starting point is 00:56:08 And so like people are going to be motivated not just by the doom of gloom, but also by, listen, this is like the bright future. that we have for us. And we want to continue to build and cultivate Western civilization into the future. And this is what is going to enable us to do that. And we're starting now by creating extremely beautiful lives for ourselves
Starting point is 00:56:37 and really dynamic, loving communities of people that where our families can thrive, where kids can grow up. up and not be indoctrinated by questionable values and the state indoctrination camps. And we can just live our lives in great freedom. So that's a like. Yeah. That's awesome, man.
Starting point is 00:57:09 Yeah. I want to toss it right over to Brandon as well and get his thoughts here. either like stemming from what John just said or even hearkening back to kind of the what will be the sticky factor to keep people around in the coming cycle like what keeps people around. So yeah, any thoughts that you have wherever you want to take it? Yeah, for sure. So I mean, you know, I think a lot of what people have been seeing is that they've been being lied to, whether it's governmental data, kind of like we riffed on a little bit earlier, you know,
Starting point is 00:57:46 the Twitter files coming out, you know, when Elon bought Twitter now X, I feel like that was kind of the spurred in Austin. And, you know, what I'm realizing is a lot of my Normie friends here in town in Tampa and Florida are starting to wake up to the fact that they've been lied to about other things as well, you know, I mean, we're big on the carnivore diets here in the Bitcoin community. I have a lot of friends that are just workout junkies that I've gone to that themselves and I've realized, hey, I want to go to a farmer and get, you know, meat straight from a farmer. And I don't want to go to the grocery store because they have all these, you know, pesticides and other things like that in there. And they're starting to realize the same with
Starting point is 00:58:26 social media, all the algorithms, you know, kind of manipulating them and other things like that. So they're looking for other solutions like that there. They're just not really realizing that it's really based on like the monetary incentives of the fee. system just yet. But they're they're just there, right? They're like 95% of the way to Bitcoin, but they just haven't realized that, you know, fix the money, fix the world. So I think, you know, with all these things that we're seeing, you know, obviously negative in the short term, I think, you know, as John does with the Citadel theory and kind of like lining all those things out, you know, the 15-minute cities that they're trying to build in a lot of these places, I feel like
Starting point is 00:59:03 a lot of people are becoming very resistant to that. And they're looking for ways to become healthier become you know uh more in uh more of the sovereign individual as has been kind of put it a little bit earlier so i think you know everybody everything kind of we think in bitcoin it's bitcoin first but i'm realizing you know maybe some other people might come into bitcoin through other means now um maybe more of the freedom side of technology or freedom side of just being more of an individual and then kind of get to bitcoin because they realize hey you know all these bit corners these crazy crazy group of people are all aligned with everything that I've been thinking, maybe I need to look into this Bitcoin thing now. So yeah, I think there's just so many tangential things to Bitcoin now that when I first got
Starting point is 00:59:50 into it, I never really would have thought. It took me down this rabbit hole. But it really has. And I think, you know, people are going to be coming at it from from so many different angles. And I think that's the, that's the beauty of Bitcoin in this cycle. Yeah. You're right. There's people coming in from all sides. was people coming in for a lot of different reasons outside of the typical Western number go-up reasoning. People are coming to it from, I mean, even just with the Bitcoin mentor team, they do spaces three times a week. And we just had Dr. Sean Baker on in the same realm as the carnivore stuff. And he was talking Bitcoin. So people in a lot of different walks of life
Starting point is 01:00:32 coming across it and again also not for like he was talking about just ethos wise and kind of the the the the proof of work and doing things efficiently and that that kind of ethos he's like that kind of lines up with with who i was as a person um already and so that he that kind of spoke to him um as he was describing that but i mean we get people coming in i work from the with the human rights foundation a lot We get a lot of political dissidents that are coming in, not for a number go up necessarily, unless they're in hyperinflation, but more so from the censorship-resistant side of things. You get people from all over the globe, and Bitcoin is more of a mirror than anything. It will reflect back at you kind of where you're at in life and what you currently need.
Starting point is 01:01:23 And it can benefit people in a lot of different ways, but like it really depends on, on what you currently need and i've come across people that have come to it because of censorship resistance and freedom and then not even knowing that it's cap supply and can also help with hyperinflation and and that was you know a total mindfuck to me to you know coming from a western country where most people's initial foray into it is oh i i saw that the price went up a bunch and now i'm I'm curious. That's not everybody's first exposure. And so people then stick around for different reasons. So, Avi, I'll give you the last word on this topic. Any other thing, like with the rabbit holes that we ended up segueing down that you wanted to tag in here before we put a bow on it. So I'll bring it back and summarize it with a simple framework. This is how I like to think about how we all play our part in this revelation, right? So there's three layers to it. One is the protocol. layer, right? That's Bitcoin, that's Nostr, that's lightning, potentially, arc, right? And you have the
Starting point is 01:02:34 builders there who, and the goal of the protocol layer really is to ensure that we have a strong foundation for the sound money and the censorship resistance, not just money, but information space, right, but that's where Noster comes in. So that's the base layer. On top of that, you have the application layer where people build the tools that allow the public, right, the broader public, to access the benefits of the sound foundation. So those are your lightning wallets, your Nostra apps, and so on. And then the final layer, and I think this is where a lot of people fit in, is the social or the cultural layer, right?
Starting point is 01:03:09 This is the educators like you, Ben, right? Or it's like the philosophers or the self-help folks like you, John, or the content creators of the content studios like you, Brandon, right? Or the storytellers like me, right? And this is where, and this layer is what brings people in to use those applications that benefit from that sound foundation. So all of us have a role to play maybe in more than one layer, right? You could be building an application, but it could also be a really good storyteller.
Starting point is 01:03:40 So that's how I would tie all of this together. I like it. I like it a lot. That's, yeah, I mean, we all have a role to play, and all of us will play a little role in, in somebody's understanding of Bitcoin, depending on where we meet them. And it's always very dependent on the individual. But yeah, it's great to see it. And I'm glad to see the people that continue to stick around through these cycles.
Starting point is 01:04:18 Yes, there's going to be people that come and go. Typically, the number go up crowd. but a lot of people end up finding something deeper by again conversing with groups like you gentlemen in various aspects. With that, we are indeed going to do our final rotation here. And so, John, I'm going to toss it to you for the final round here and cue you up with the same question.
Starting point is 01:04:50 Everybody got, why are you bullish? Awesome guys. Well, it was really hard not to like just say everything why I'm bullish already because you guys were baiting and you know, we're all on the same wavelength here. So I think the main, just this, you know, it's kind of built on some of the stuff I was talking about earlier, but the main reason I'm bullish right now is because Bitcoin is providing that new model that makes the existing model obsolete that Buckminster Fuller talks about. So Buchminster Fuller, if you guys haven't heard the quote, says to change something, you never change things by fighting the existing reality to change something, build a new model
Starting point is 01:05:44 that makes the existing model obsolete. Right. So I think when a lot of us start learning about the way the monetary system works, the way the government works, the powers to be, the institutions, the corporatocracy or whatever, Montsanto and all the crazy shit going on. Yeah, we tend to get very angry and we want to like rage against the machine and just be like, ah, like, why the hell is this going on? And especially if you are in a place where you're responsible for protecting people, for people you love, your family, And also you see your friends and your family being victimized in a lot of ways by the existing system.
Starting point is 01:06:32 And it can be very disheartening. There's real things are at stake. Obviously, it's like our time, our energy is being drained from us. So it's hard not to get angry about that. But, you know, what I see and what it would encourage me about the Bitcoin world and the Bitcoin ethos is it's a place of action. And there are people of action who are involved in this movement, which is a powerful movement for individual freedom, for personal sovereignty and agency. And the beautiful thing is that not only are we raging against the machine and calling bullshit on the entire system, but we also have an alternate way of doing things. We have other solutions that we are actively promoting and building in our own way.
Starting point is 01:07:34 So that's, you know, what is the most encouraging to me and why I'm continue to be bullish, you know, through the bear markets, through the ups and downs and price action and whatnot. Like to me, it's always just like this solid hum of, like, buzzing freedom growth because whether the price is up and down, we're still a few. accumulating Bitcoin. We're still connecting the dots and the social network. We're still building out the application layer. The protocol layer is becoming more robust. And you know, we're just setting ourselves up for winning at the end of the day. And there's time is really on our side because we've gotten to this point with with basically nothing being in our favor. We're the complete underdogs so we have nothing to lose really other than maybe our lives in the
Starting point is 01:08:41 blue locks but as Eric Casey I'd say but yeah and you know that to me it like comes back to I talk a lot about the social layer as well and that's one of the ways that I encourage people to get involved as what Bobby was saying because, you know, we are all unique peace. We have our own gifts. We have ways that we can contribute. And, you know, in a very real sense, you know, this is like a message. This is kind of like the gospel that's being shared to the world. So people are going to connect with different personalities.
Starting point is 01:09:33 They're going to connect with different stories and different environments, personalities. So I encourage all of you guys to like find your community, find your niche. You're not going to get along with everyone in Bitcoin or all the Bitcoin enthusiasts, but, you know, you'll find a group of like my people and help each other grow. Like do do better in life and try to set, set higher. goals for yourself and then we'll all continue to maintain Western civilization into the future hopefully I love it I love it I mean the thing that resonates most with me again is is building that that community of like-minded people the the the social connections the you know who do you surround yourself with and and the people that
Starting point is 01:10:30 are driven to in the absence of one of those communities already existing, bootstrapping it themselves. I love seeing that. I love seeing the people that are out there going, listen, this is what I want. I don't see it in front of me already. So screw it. I'll start from scratch. I'll start rallying the troops.
Starting point is 01:10:54 And we're going to build it out. We'll figure it out. And what I've seen, what I've seen. from this in a couple different respects like we're doing a local market here in Calgary and we're trying to build out a community and get together and because of that there's a number of things that I can now you know like relationships with people that I have where you know they they have quality products or services or something and I can support them locally with SATs and know that it's a
Starting point is 01:11:24 like-minded person that's doing something of quality and I'm reciprocating with a quality sound money that won't steal from them later on and renege upon our transaction. And beyond that, you know, when it comes to things like Human Rights Foundation, the bringing together of different people in a community that are coming at it from different perspectives. But now that they're starting to commingle, all these interesting things are happening because, you know, you have a group of Bitcoin developers that are building what they think they want and Bitcoiners want, but then there's this other group of completely maligned
Starting point is 01:12:06 people that are like, listen, we love this. This is amazing. But like, this is what we need. Can anybody build this for us? And all of a sudden you've got this this intermingling of all these ideas and entirely new protocols and devices and applications and solutions stemming from this. Again, to Avi, because obviously you're very deep in the Nostra community. We're seeing the same, like, HRF is making a big push for Nostra-related stuff now. And so I saw that at the Global Bitcoin Summit down in Nashville just took a few weeks back. And you're starting to see more and more of it, this censorship-resistant social layer being pointed to by the Human Rights Foundation as, hey, like, is your country banning X is your country kicking you off
Starting point is 01:13:02 social media platform A, B through C through Z, then look at this. This is something that may be a solution there, along with Bitcoin in your arsenal of tools to fight against tyranny. And so again, this co-mingling of people where there's a common thread of freedom is so powerful.
Starting point is 01:13:25 And I can't wait to see more of it. So enough my rambling, though, I'll maybe I'll let Avi follow up with thoughts here and then I'll go to Brandon after. Yeah, I want to go back to something John said about what do we have to lose other than maybe our lives in the Gullag? And even in that scenario, at that point, they have our cold-danned bodies. They don't have our obedience, right? No, but all of that said, right? I think there's that meme, right, about Bitcoiners, our time preferences measured in centuries.
Starting point is 01:14:04 And I take the view that this revolution that I'm part of, I might not see the fruits of it in my lifetime. But I have a son, and he's probably going to have kids. I'm going to give him the same values, start to raise him with the same values that I've developed as being part of this movement. and maybe he'll see the benefits of it in his lifetime, or maybe his kids will see it. But that doesn't make me sad, because being part of this movement is just incredibly energizing and it's fun, right?
Starting point is 01:14:38 I'm having the time of my life, building these tools, meeting amazing folks, having incredible conversations, eating great food as well, and just building towards freedom and liberty, man. yeah it's it's a hell of a ride if the whole thing collapsed tomorrow it would have been well worth it i will i would not have it wasted the past x number of years uh both in the lessons learned and the relationships forged um wouldn't trade it for the world absolutely um brandon i'll i'll toss it to you any thoughts here yeah 100% i mean i agree with everything you guys have all said
Starting point is 01:15:21 on this. I mean, we're all coming from different parts of the world here right now, just connecting. And we all know just coming into this, you know, we all have a similar ideology of the world as as Bitcoiners. And we all, you know, think very similarly. And, you know, back to what Ben said, that's who you surround yourself with. It's just so motivating to see, you know, so many people building amazing things on things that I couldn't even imagine or fathom, you know, maybe five, 10 years ago that that's being done and just a revolution that's you know honestly an honor to be a part of and it's it's really inspiring just to be around all these different people just fighting for freedom and seeing how you know people are going to come into to the bitcoin space and you know it seems like
Starting point is 01:16:07 no matter what whenever somebody new comes into the space they're energized just like all of us here and want to contribute so i think it's just you know a net positive for everything in society going forward and, you know, it just makes me extremely bullish to be here with you folks here and just hearing all of the great things that are being built on a day in and day out basis. So, yeah, I mean, just to echo everybody's point, I think it's just truly inspiring. Awesome. Awesome. Well, I love it. It was a fantastic topic. John, I don't know if you have any other final thought that you want to tap in before we put a bow on this one, but I'll give you the last word regardless.
Starting point is 01:16:47 Yeah, man. It's just beautiful to see that Bitcoin is aligning, you know, our incentives and actually in a distributed way, coordinating human action to all to, to like, all be focused on, you know, these similar goals and guiding our values into something that's actually healthy for the human race. And that's what I try to just keep front of mind, you know, in all these things, just to keep a broader perspective of things like Avi said. We've got to extend our time horizons and we're working for our kids and our kids' kids. But, hey, why not have fun while you're at it? You know, what good is a revolution if it isn't any fun, right?
Starting point is 01:17:42 So I have fun living free and, you know, I think for for Bitcoiners, you know, we should be the ones in our societies, in our cultures, in our towns, in our, we should be the ones who are known for having the best parties, for being the best looking, for being the healthiest, throwing the best dinner parties, like having the best sex, having the most beautiful families and everything like that. So that's what I believe. I think we're getting there. We've got some work to do. But that's our goal. Go make some Bitcoin or babies. That's what I took away from there. Well, Jens, this has been fantastic.
Starting point is 01:18:30 I've really enjoyed it. Before we finish up for the evening, I do want to just get a quick round of, I like to take recommendations from people of things that they think anybody watching will find helpful in their journey as it relates to Bitcoin or, again, tangential topics. And so this could come in many different forms. It might be as simple as just like a piece of life advice that you've learned over the years. It might be a book that you read, a movie that you watched. If it's directly Bitcoin related, maybe it's an app that you tried or a device that you really like.
Starting point is 01:19:10 a service that you've used. It can really take any form that you like, just something, a tidbit that you think people might enjoy if they go down that rabbit hole. And so I'll start here. I'm going to jump back to my original topic, and I'm going to recommend if people haven't read it, check out the sovereign individual because it was written
Starting point is 01:19:31 in the mid-90s and it's very, very prescient as it outlines what is likely to happen in an increasingly digital world and how both the state and individuals under the state's jurisdiction will react to the freedom to both communicate instantly globally, easier travel. And they even called out the fact that there will eventually be a form of digitized money that transcends legacy financial systems that will be kind of the final nail in the coffin. And so, you know, some of the stuff set in there is, you know, they really called it. And even as detailed for me as how they looked at, you know, the push towards more local governance over time as a result of this.
Starting point is 01:20:33 and when they looked at Canada, for instance, they wrote this in the 90s, and in the 90s, Quebec was trying to separate from Canada, or they were holding a referendum saying, we want to be the province to leave Canada and be our own nation. And so you would have thought that in this book, written during that time, they'd say, Quebec will be the first one to separate from Canada because they called Canada as one of the ones to most likely to kind of start breaking up first. But they didn't say that. They said that about Alberta, which is where I live. And in the past number of years, we've seen a major push from Alberta against the federal government saying, like, we don't like your energy rules. We don't like how you're dealing with schooling or health care or whatever. And we even passed something called the Alberta Sovereignty Act so that we can basically tell the federal government to go up themselves when they encroached too much. And there's a big push to be more and more sovereign.
Starting point is 01:21:33 And so the writing is kind of on the wall here as to what would be the first province to pull the trigger if that were to come to fruition. And again, it's just very prescient of them to note that because Alberta had a lot of natural resources, they would be the ones most disenfranchised by kind of the socialists tendencies of the state and thus be the first to want to push back against those tendencies. and become more self-sovereign. So anyways, awesome read, The Sovereign individual by James Dale Davidson and Lord William Reese Mogg. You can find it on Amazon. It's solid.
Starting point is 01:22:12 So check it out. So maybe I'll, since you just spoke, John, maybe I'll, if there's anything that you're currently already on the wavelength of, do you have any recommendations, things that people should check out, anything that you think might be just interesting or helpful? to people in general. Yeah.
Starting point is 01:22:34 I mean, I've got a nice big list for you. But the thing that comes top of mind right now, I guess is I think back in the past six months to a year, you know, something that has really made an impact on me was recommended to me by Spetsky. And I highly recommend you guys grab a copy. The audiobook is amazing. It's called When the Lion Feeds by Wilbersmith.
Starting point is 01:23:08 It's an incredible book. It's written, it's nonfiction. Sorry, it's fiction, but it's written in kind of an autobiographical way. About the frontier back in the early 1900s. of South Africa and it's it traces basically this man's journey and and upbringing from a small from a child to when he's later on in his years and his ups and downs and yeah I really can't like describe it much better than if you guys can pick it up and read
Starting point is 01:24:00 it, at least read the sample. And yeah, to me, it represents, like, a man's journey through life and what it's like to, to grapple with actual responsibility and self-ownership and agency in the real world. So if you want to understand, if you're a woman and want to understand the heart of a man, I think it's a great book to read and just to gain insight into what, you know, what it's like. And then for men who want to kind of cultivate their masculinity and kind of see how, you know, I think there are a lot of ways in which we're, as men in our society and we're, we're muzzled in a lot of ways. And maybe our natural environment isn't fully conducive to how we're meant to be living.
Starting point is 01:25:10 So it's a good, it's a good resource for you to let your imagination roam. And yeah, I highly understand that. I like it. How the line feeds is what it's called, right? When or when? When the line feeds, yeah. One of the line paints. Okay, awesome.
Starting point is 01:25:32 Wilbersmith. Awesome. Cool. All right. I'll toss to Brandon next. Again, any recommendation you may have. Go ahead, man. Yeah.
Starting point is 01:25:41 I've actually been reading the 48 Laws of Power by Robert Green recently. And I've found it on an audiobook. It's actually on Spotify, if anybody has that. Yeah, it's really interesting. I mean, obviously, you know, you don't necessarily. need to use it to defeat your enemies or anything like that. But I just think it's like a real breakdown of human psychology, how it's really, you know, how you can understand why people are ticking, you know, trying to avoid any potential mistakes just in your own life and kind of go
Starting point is 01:26:17 from there. It's interesting because a lot of these books that I read, you know, I've read, you know, some other dating books, you know, some other books related to manhood. So I'll have to check out yours that you recommended there, John. But a lot of these have a lot of the similar topics in there. It's just how it's presented, which I think is pretty interesting. And the 48 laws of power is one that I've found that has literally just every chapter is something different. And it's a story relating back on history, how, you know, this, could be applied into your daily life and the reason why people fell out of power or was able to
Starting point is 01:27:01 be manipulated. So I think it's it's pretty interesting. And I think it's, you know, something that will, at least it's helped me open my eyes even more, more so than than Bitcoin has right now. Nice. Love it. All right. Avi, you're up finally. Any recommendation that you may have. Yeah, I have a movie recommendation and just a general life recommendation after that. But the movie is My Dinner with Andre. It's a movie made in 1981. And the funny thing is, Ben, so we were having one of those big dinners in Prague. And I was sitting right across our good friend, Andre Loha.
Starting point is 01:27:42 And that's when I was, so I'd seen this movie earlier. And then I was talking to Andre. I said, hey, this is my dinner with Andre. And then I told him about it. He went and saw it. And he loved it. But it's basically a Bitcoin movie without it being a Bitcoin movie. So if anyone, it's available, I think, for free on YouTube.
Starting point is 01:28:00 And if anyone wants to watch it, just remember it's a slow-paced movie, but your Begoyneers, you like podcasts. So treat it like a podcast. It's just two guys sitting at dinner talking about life. And it's remarkable that they had this kind of dialogue back in 1981. one. Some of that stuff is so incredibly relevant to what's happening with our culture today. So I highly recommend that. And then just in terms of our life recommendation is, you know, we do see with some bed carders, not all, some of them, and people in the general freedom tech world is
Starting point is 01:28:42 a lot of their building or their motivation, right, that drives their action, comes from fear or anger of the legacy system, running, is there's something you hate about Fiat or there's something you fear about Fiat and that's why you're in this, you're running away from that into this. And I think it's, it's, my view is it's more constructive
Starting point is 01:29:07 if you reframe that as running towards the bright orange light, right? You're not motivated by fear, you're inspired by hope, by, by you know the hope for this happier place right this more peaceful this more abundant place that you're building towards so if you if you can reframe that thinking from running away from something rather to running towards that bright orange light I think our revolution will coming back to the revolution will hasten and you'll be happier doing it yeah absolutely it it echoes
Starting point is 01:29:49 Again, earlier, the point made by John, I'm trying to remember who the quote was from, but about building. Say it again. Lucky, book, Mr. Polar. Yes. Yeah, you want me to say the quote again? Yeah, sure. If can. Yeah, I got it.
Starting point is 01:30:13 I just want to read it. So I'm not. Yeah, you never changed things by fighting. the existing reality to change something, build a new model, it makes the existing model obsolete. Yeah, absolutely. And, you know, Jeff Booth often echoes this same point. Like, you know, by fighting the existing system, you give it power. So build the future you want to see. Put your energy there rather than fighting the thing that you don't like, put it towards building the thing that you want to see.
Starting point is 01:30:47 And yeah, yeah, I love that messaging. And it's hard to remember all the time because you often want to, you know, scream at the existing system. But if you can recall it, it will save you a lot of time, effort, and heartache. If you can just funnel your efforts to a more positive thing. So with that, gentlemen, we're going to round out. Thank you so much for being here, spending a Friday evening with me to get bullish. And, of course, everybody that's watching, thank you for being here over the course of the episode.
Starting point is 01:31:24 We've had damn near 3,000 people across various platforms tuning in. So thank you for being a part. Of course, likes up, share, all that good stuff. But more importantly, make sure you seek out and find all these gentlemen and what they're up to. I've got some links for them down below. but of course for those that are also on Noster, be sure to find them there too so that those social connections cannot be severed.
Starting point is 01:31:54 But with that, we're going to round out. Gentlemen, thank you so much for being here. And of course, you're all welcome back anytime. Thank you, Ben. You're having us, buddy. Yeah. Cheers, guys. Have a good weekend.
Starting point is 01:32:09 Later. All right. And everybody, thank you guys for being here. Everybody that's been in the chat, everybody that's been watching on Noster, on YouTube, on X, on Rumble. Thank you guys for joining in and being a part of the show. Really, really do appreciate it. Of course, if you want, please do, like, sub, share those things. They all help a lot, a lot, bolstering the show, getting more eyeballs in the room. If you want to help in another way, you can hit the previously mentioned sponsors and the show notes down below.
Starting point is 01:32:47 And then more importantly, if you want to earn some sats and create an army of educated bitcoins, then there's a QR code on the screen right now. I mentioned it earlier in the show, but if you'd like to be an affiliate for Bitcoin Mentor, my team at Bitcoin Mentor.io, incredible educators that can help anybody through anything they need in their Bitcoin journey, whether it'd be learning about Wall wallets, hardware, multi-sig, running a node, home-mining as a hobbyist, you know, you name it. We can help you through it and make sure that you are up to snuff and secure. And more importantly, because a lot of you watching already Bitcoiners and maybe have a setup,
Starting point is 01:33:34 we can help you if you need to bolster it a little bit. But more importantly, there's going to be a lot of new people coming in in the coming year and they're going to need some handholding along the way if they want to kind of expedite themselves to the point where they are secure and confident. And so if you want to have a part in that and also earn some sats as you do, then go ahead, scan that QR code, become an affiliate of Bitcoin Mentor, and you will earn $21 not just for every referral, but for every single session that that person goes on to book. So, you know, if they keep on booking sessions for more and more things and they just go on a learning spree, then you will also benefit from that.
Starting point is 01:34:22 And you'll earn SATs. You'll earn sound money by people getting a sound education. So I can't think of a better way to earn Sats. Anyways, with that, I'm going to round out. Thank you guys so much for being here. And have a wonderful day or evening, wherever you may be. I'll see you guys next time for your daily. session.

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