BTC Sessions - WHY ARE WE BULLISH? Brady Swenson, Kristin Thompson, Alex Stanczyk, Jon Chernot ep300

Episode Date: October 29, 2022

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Transcript
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Starting point is 00:00:32 What's going on, everybody? Welcome to the show. Another Friday, another episode of Why Are We Bullish? We've got a swan takeover today in honor of Pacific Bitcoin. Very excited to get down to L.A. And just hang out with a ton of Bitcoiners. This is going to be a fucking awesome time. I'm really excited for it.
Starting point is 00:00:55 But nonetheless, this is going to be a good rip. We've got a good chunk of the team in the wings ready. to make you all bullish. There's already been a comment in the live comments. Is this the Why Are We Barish Halloween special? Fuck out of here with that.
Starting point is 00:01:14 It is always bullish in here. There's always stuff to be bullish about. I know that was, I know you were joking. That's okay. But it's going to be a good time. As always,
Starting point is 00:01:25 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'll write it and we'll do it live
Starting point is 00:01:38 The fucking thing sucks If you have not already Please do like subscribe, share All those things help get this content In front of more eyeballs Keep those chat messages coming And I am Ben with the BTC sessions This is your daily session
Starting point is 00:02:07 All right before we dive into our panel let's take a look, and there's specific Bitcoin, by the way, let's take a look at where we are in the markets right now. We're sitting at $20,602 per coin. A single US dollar will pick you up 4,854 sats. What a deal are you guys. 91.39% of all Bitcoin have been mined. And in terms of fees, a little bump.
Starting point is 00:02:36 Next block, 21 sats per byte. But if you're willing to stretch a little bit, low single digits should do you just fine. Shout out to sponsors of the show, coincite.com. These guys just have the best damn hardware in the game. I love my cold card. I love the open dimes, sats cards, tap signers, all of them beautiful. And just this past Wednesday, this week at some point,
Starting point is 00:03:01 I finally put together a tutorial video on the block, clock, micro and mini. So if you've been trying to figure out how to set yours up, Max and Stacey, then this one is for you and you can get all kinds of good Bitcoin info stream to you directly on your bookshelf. But anyways, if you want to check out coincite.com, use code VTC sessions
Starting point is 00:03:24 for 5% off, everything in the store. If you're stacking stats in Canada and you unfortunately don't have access to Swan, well, then you can hit up shaping. They're easy. E transfers in and out, thin spread, no depositor withdrawal fees, including when you withdraw,
Starting point is 00:03:42 all Bitcoin, which they do encourage you to do. And if you sign up with the link down below and purchase your first hundred bucks with a Bitcoin, they'll give you 10 bucks for free. Same deal when you share your link and others do the same. You can shake your phone every single day for free Sats. They've got a Sats back Visa Car, all kinds of ways to be earning extra Sats. Check them out. Link is down below if you're interested in that 10 bucks.
Starting point is 00:04:04 Lennon.io, you can use your Bitcoin for a ton of different services. In particular, these guys have been useful for me over the years. whenever I'm in a cash flow crunch, I need to get my hands on dollars, but I don't want to sell my Bitcoin because I never really want to sell my Bitcoin. And so I can deposit here, get a loan of dollars to my bank account, pay back those dollars, get back the same amount of sats. They do have savings accounts for Bitcoin and USDC. And the beautiful part about them is they have quarterly third party audits in which you can cryptographically verify that your holdings were part of the audits, which is sorely needed. We need more accountability in that space. So kudos to them for that.
Starting point is 00:04:39 They have their B2X offering, Bitcoin back mortgages, cross Canada and select U.S. states. And you can sign up with start.ledden.com. slash BTC sessions if you use that link and fund your accounts. They'll give you $10 for free. Bitrefill.com helps me a ton living on Bitcoin. You can pick up any gift card your little heart desires with sats, both on chain and via the Lightning Network. You can do things like top of your phone.
Starting point is 00:05:03 You can get inbound lightning channels. And if you're in the U.S., you can pay your bills and get on that Bitcoin standard. So check him out. There's a link down below for bit refill. And finally, if you're backing up any important Bitcoin wallet, get it in solid steel, friends. I just, I cringe at the thought of having little pieces of paper sitting around the office with important seed phrases. Because if there's a fire or a flood, that shit is gone. So this is how I'm backing up. My important Bitcoin wall is the bill foddle.
Starting point is 00:05:30 Again, privacypros.io slash BTC sessions will get you a little deal at checkout. But why are we here, friends? There's something coming up. It's very exciting. It's coming up in 12 days, 17 hours, 46 minutes, and 55 some odd seconds. It's going to be a blast. It's going to be down in L.A., Pacific Bitcoin, November 10th, and 11th. I will be down there.
Starting point is 00:05:51 I'm going to be hidden up the swan dome quite a little bit, helping out there, doing lots of stuff. There's going to be incredible speakers down there. So, yeah, check it out. I believe Code Sessions gets you a deal. What that deal is, you shall first. find out. I'm so good at this. Anyways, let's bring in our panel because that's, oh, and actually one thing I'm going to say the day after Pacific Bitcoin, I'm running a cold card workshop in right near the venue. It's a few minutes away by car. And it's a deep dive on how to use a cold card.
Starting point is 00:06:26 It is four hours long. You will walk out of that place, a friggin expert on your cold card. And you know what I'm going to say right now is within the next. 24 hours from right now, what time is it? It's like 615 Eastern time. All right. In the next 24 hours, anybody who purchases a ticket to the workshop, which can be found at bTCsessions.ca slash events. Anybody that gets a ticket, bring a friend for free just for 24 hours, just 24 hours from this moment on 6.15 p.m. Eastern time until tomorrow at the same time. Any tickets that I come through, you'll get a little email. Yo, bring a friend. And I will mark that down. Anyways, enough of my rambling. Let's get our
Starting point is 00:07:14 panel in here. We've got Alex. You've got John. We've got Kristen. We've got Brady. Welcome. Welcome, Swan team. I'm super stoked to have you all on. Let's do a little round of intros for anybody that may not know you. Let's start with Alex. Can you give yourself a little introduction? Sure. Hey, how's it going guys? My name's Alex Danzig. I work with Swan Bitcoin and the Swan Bitcoin and the private division. So we help high net worth. I'll try to know. If somebody wants like a super high touch, white glove experience with people in the industry to kind of guide you through anything you need to know in regards to Bitcoin, we're here for you. So you'll welcome to contact me for that. I'm also the host of Cafe Bitcoin on Twitter spaces every morning.
Starting point is 00:07:55 Awesome. Well, dude, I'm super glad to have you here. It's odd for me to see your face in person instead of just to hear your voice over Twitter. So glad to have it. Let's rotate over. John, can you give yourself a little introduction? Of course. Hey, guys. What's going on? I'm John Cheneau.
Starting point is 00:08:15 I work for Swan in special operations. We'm heavily involved in our in-person events, the things that are really introducing people to Bitcoin and introducing people to Swan in person. So really heavily involved in our. VIP experience for the upcoming Pacific Bitcoin conference. And really excited for that. We've got a lot in store and very passionate about connecting people in person to further develop the social layer side of Bitcoin. Yeah. I think we all get in our own little, you know, internet bubbles a little bit too much. And the value of actually being face to face with Bitcoiners
Starting point is 00:09:05 is far understated. I think it's so important. A little tangent here just before we get to Brady, but I was in Costa Rica and I tweeted out, hey, any bitcoins down here? I ended up meeting up with a couple different people. But the one dude that I met up with, he was an expat, a Canadian expat.
Starting point is 00:09:27 Funny enough. But he had never met a single other bitconer in person. And he had gone through like kind of his gross. of like learning why bitcoin all of that stuff on top of basically moving his entire family out of Canada given all the you know craziness that was happening earlier in the year so he had just to have a lot of baggage I shit you not um meeting another bitcoiner for the first time was such kind of like a weight like a weight off his shoulders he cried oh yeah he was it was and like I teared up because I was like, I knew that feeling of like that moment of like, oh, I'm not
Starting point is 00:10:10 crazy. There's other real people that I can relate to. And it's a great experience. So if you haven't been to in person meetups, whatever, get out there. Well worth it. But sorry for the tangent. I'll do another rotation here. But yeah, awesome, John.
Starting point is 00:10:24 I'm so glad that that's your focus. Yeah, we call those lone coiners. People who have only connected to Bitcoiners on Twitter and Reddit and whatever. but they've never actually gone to a meet up and met someone else in person. They're all alone. They're alone coiners. Yeah. Well, we'll bring them into the fray.
Starting point is 00:10:45 Brady. Brady, welcome, dude. What's up, man? You're trolling us with your crickets in the back. I got some, they're out early tonight. Got some crickets over here. It's like harsh commentary. Yeah, they're excited.
Starting point is 00:11:00 They're bullish over there. They're cricketedish. Yeah. Yeah, you know, this is the lone Bitcoiner problem is exactly why we've put together this conference, right? We're going to talk a lot more about it today. But just that sparked a thought that I can share real quick is just, you know, having a loan Bitcoiner out there. We did not, me and Corey and Yon did not, we're never together in person for two and a half years since we launched the product, swan products. Until about six weeks ago, we were in L.A. together and we met for the first time.
Starting point is 00:11:30 So it's amazing that you can get all the way up to speed on Bitcoin online without ever meeting a Bitcoin in person. And you can now also build a company without ever meeting or hanging out with your co-founders in real life. So it's a weird world that we're living in, but here it is. And I love that we are bringing together all the swans for the first time, a Pacific Bitcoin. The lone swans out there that have never met another swan, but also a lot of lone bitcoiners, I think. Anyway, I'm Brady, co-founder and, you know, shameless marketer at Swan. And that's what I do. I'm excited to hang out tonight.
Starting point is 00:12:04 Dude. Well, I'm glad to have you. And I'm excited to see you in person yet again. So yeah, I've met you more times than you've met your co-combe. Yes, we probably spend more time together than Corey and I have for sure. Let's do our final guest here. Kristen, thank you so much for being here. We've been kind of like chatting off and on for, what, a year and a half, a couple of years here.
Starting point is 00:12:30 years now. Yeah. So I'm glad to have you. Give yourself a little intro. Excited to be here. I am Swan's marketing director and the event manager for Pacific Bitcoin. So just completely upturn to my life like most Bitcoiners and am as all in as humanly possible. My husband also works for Swan in the engineering side of the business.
Starting point is 00:12:53 So the Thompsons of Portland are all in and feeling bullish. Damn. I love it. Bitcoin Families is what we're talking about now. That's right. That's right. We have a little Bitcoin kid here. He stacks some stats every week with his allowance. Hey, I love to hear it. That's fantastic. Well, everybody welcome and also welcome people that are in the chat and watching or maybe listening, streaming stats later on. If you're unfamiliar, this is why are we bullish. Very simple concept. And we go by the three ours. for this show. Somebody's going to drop a reason why they're bullish. That's number one. Number two, we're all going to riff together on that reason, discuss, ask questions,
Starting point is 00:13:40 whatever it may be. Number three, we're going to rotate. So until everybody has had a turn to let it known why they're bullish. And so we're going to go through that reason riff rotate. I'm going to get us started off just with, because we've got a big panel today, I'm going to, it's an interesting thing, but I don't want to dwell on. it for too long because it's a relatively new, interesting thing that's happening.
Starting point is 00:14:04 But I just thought it was cool. And so this is my reason for being bullish this week. I've got some visual accompaniment here. But this is a tweet from Dan Gold. I think I'm saying that last name right. But he said that he created two lightning channels, or he established two lightning channels in one Sparrow wallet pay join transaction. Sparrow is now a lightning wallet.
Starting point is 00:14:28 So I was a little confused by what was happening here. So let me let me basically elaborate on what happened. He took Sparrow wallet, which is a regular Bitcoin wallet. It's not a lightning wallet. It's nothing like that. It does regular Bitcoin transactions. There's some interesting kind of privacy technology baked into it. But basically what he was able to do in a single transaction, he was able to create
Starting point is 00:14:57 two separate lightning channels send the remaining change back to himself and pay his fee. He sent it as a technically a regular Bitcoin transaction what's known as I guess a partially signed Bitcoin transaction. He sent it to the recipients at a regular Bitcoin address. They were then able to look at that transaction and say, hey, let's sub in this other address, which will be become a two of two multi-sig,
Starting point is 00:15:29 which is how lightning functions. It's a multi-sig between two people. They swap in the address, make the proposition, and then it goes back to the original sender to confirm, and it's all established. So in the long form of this, what the implications are is a lot of, we'll say, streamlining and efficiency gains on layer,
Starting point is 00:15:56 one when it comes to establishing lightning channels. So you can, right now, typically when you set up a lightning channel, you're doing a single transaction to set up a single channel. That's the experience most people have. This is a demonstration of being able to collaboratively create lightning channels from a regular Bitcoin wallet, multiple channels at a time. This demo was just two, but it could be many, many more. On top, of that, as I was asking questions of him, down the line, this opens up the possibility that the receiver, on the receiver end of a proposed Lightning Channel could also contribute funds to the initial transaction, which would be known as also Pay Join. And this would kind of
Starting point is 00:16:49 obfuscate who owns what, who's doing what, who funded the channel for how much, Whose change is whose? Basically, it borks all of the on-chain analytics as would a coin-join transaction. So not only are we seeing increased efficiency on-chain, but we're also seeing increased privacy on-chain through these developments. And I think it's super interesting. It's still very early. It's very, you know, I imagine it's relatively complex for a regular person to do this right now. but it's a hint of things to come.
Starting point is 00:17:27 I'm very excited for it. And I love the idea that the base layer of Bitcoin is just going to be this powerhouse of efficiency and privacy in the future, which builds a powerhouse of speedy, cheap and, again, private transactions on top of it. So that's why I'm bullish this week. I know it's a little complex, but I just want to open it up to the panel and say, have you used sparrow wallet? Do you have experience with lightning? You could, you know, anything you want to tap on, feel free. So whoever wants to jump in.
Starting point is 00:18:04 I have a quick take. So this is interesting because it illustrates why Bitcoin skeptics are wrong. They're skeptical either about the fact that it'll work at all or that it just moves too slowly. A lot of them are, you know, in the crypto crowd. A lot of them aren't. And it seems like that might be. correct, you know, when you kind of look at it maybe closely for a year or two or whatever and look at the development rate of the Bitcoin base chain and lightning. Of course,
Starting point is 00:18:32 lightning development is much faster. But you could see how someone, maybe a reporter, could look at that and draw these conclusions. But it's incredible the work that's happening and the long-term vision of this group of devs. And Bitcoin devs are some of the best in the world, but they're also very patient, very long-term thinking. This is, as is often compared This is like operating system code for a nuclear power plant kind of thing. Like this is the way it's treated. And to see elegant solutions like this, you know, pop up on Twitter with the first screenshot, hey, I made this thing work.
Starting point is 00:19:08 And this is what it could mean for the future of privacy, of efficiency. And they have all these downstream effects. And it's just incredible. I have developed a lot of trust. I think a lot of Bitcoiners have developed a ton of trust in these amazing people, that are building this world-changing technology. But it takes time. And I love it when things like this happen and come out on Twitter
Starting point is 00:19:30 because it just makes me feel better about the future security of Bitcoin and makes me proud to know that I'm working with people who aren't here for the hype. They're here to make something long and lasting for generations. And anyway, it's just cool to see these kinds of things come up. Yeah, totally agree. Anybody else want to chime in on thoughts, questions? I think it's just crickets. Let's do, let's do John and then Alex.
Starting point is 00:20:04 Oh, for my take. Yeah, if you have any comments, questions about the topic. Yeah. Yeah. So, well, to me, what's, what's so great about Bitcoin is the way that it's able to empower individuals. So that's why when you see people working on, the on incorporating these values of privacy and and and personal development
Starting point is 00:20:32 into growth in ways and we're able to it's it's it's just so that's why we're all here right it's just these kinds of things are just going to continue and one of the when I was first learning about Bitcoin one of the things I was impressed by is just how many intelligent and gifted individuals are contributing to this thing. Like all the smartest people in the world who actually care about human freedom and the betterment of Western civilization, like this is where they're at. So, yeah, absolutely.
Starting point is 00:21:14 Alex, you were going to jump in as well. Sure. So I agree with what Brady was saying. I think there's a lot of people who look at Bitcoin on a surface level. look at the main chain and they think, oh, this thing's too small or it's not modifiable or it doesn't do all these amazing things like smart contracts and all that other kind of stuff. And it's like, you know, there's this, there's this analogy where it's like, you know, if we're all on an airplane, you don't want to change the airplane engines out while you're flying, right? I relate to that a lot.
Starting point is 00:21:42 It's like leave the main chain alone. It's super high security. It's super reliable. It doesn't have to be, it's kind of like the base layer protocol. And we keep. talking about this kind of stuff lately where it's like with lightning that's like a layer too and we don't even know all the things that are going to be built on top of this stack in terms of protocols there's no way to know
Starting point is 00:22:07 like if you think of the internet back in 95 versus where it is now how did you know that any of this stuff was going to exist we're talking to each other over a browser break a big thing that's many layers built on top of TCPIP who knew in 1995 this was even going to be possible. So that's, that's, I'm super bullish on that.
Starting point is 00:22:29 There's so many new VCs that are like, yeah, you know what? All this other kind of stuff that's now captured, all the world computers and all this other kind of crap that's now basically owned by the state essentially if they want to. Like, I don't, I don't see how that's going to actually matter moving forward with the, with the Bitcoin base layer and everything that we're going to build on top of it. super excited. All the VCs that are coming in the space are all very lightning focused. And you see the development in that area just exploding. So I'm super bullish on that. Yeah. Yeah. Absolutely. I don't know. Chris, do you have any general? I'm unsure like, have you, have you dealt with lightning a lot thus far in your journey? Or are you a main chain kind of girl? I'm a main chain kind of girl, you know, I'm just saying. But, no.
Starting point is 00:23:22 I was really resonating with what Alex was saying, you know, as I mentioned earlier, my husband's an engineer. So he's the brains that can actually understand deeper into Bitcoin and more of the technology. But whenever he related it to whenever he does relate it to the journey of the internet and the different layers, that's what makes sense to me. What has always made sense to me with lightning. And when you do look back to the beginning of the internet, like Alex said, you can't, we could not have possibly have seen all of the development. how far it would come, how fast, how we can shoot videos with our phones, instantly zip it over to my computer right now. Like you just couldn't possibly conceive it. And that's where we're at in this journey.
Starting point is 00:24:07 So I think, you know, we've seen the challenges when people want to change what Bitcoin is versus understanding that it's the additional layers that will continue to expand it and allow it to grow. and we'll get to why I'm bullish, but I'm going to loop this back in later. I'm seeing a thread here. I fully agree with the sentiment. And thank God that Bitcoin has been developed and its trajectory is looking the way it's looking in that it's been uncompromising on its base layer to build that solid foundation
Starting point is 00:24:44 on which we can then build our skyscrapers, right? Yes. Oh, yes. I think that's the exciting part here. So we'll wrap this one. I just thought this was such a cool thing to see. And maybe not everybody on Twitter would have fully got what was going on there. But I think the implications are vast.
Starting point is 00:25:03 It's just a slow burn. That's all. So we're going to give it a rotation. And I'm going to toss it to the cricket man himself, Brady. I would love to know why are the crickets bullish? Why are the crickets bullish? Let me know. All right.
Starting point is 00:25:20 I'm going to give Ben here a worldwide exclusive on Why Are We Bullish? And I'm also going to create a little side chain of Why Are We Bullish. And we're going to reason, riff, and rotate on this as well. I guess we're already going to anyway. Never mind. Never mind. Main chain. Stay on the main chain.
Starting point is 00:25:41 All right. So I'm going to present here for a second if you don't mind, sir. Yeah. I'll pull it when I see. Okay. Let's see. Is it a browser? Here we go.
Starting point is 00:25:58 I think this is it. Okay. Do you see anything? No, not yet. So hit present, hit share screen, and then it'll let you choose something. Yep. And then you've got to hit share.
Starting point is 00:26:14 Yeah, something's goofing up, unfortunately. So I may not be able to give, actually. Shoot me the link in the private chat and I'll bring it up. I'll shoot you the file. Yeah. And if somebody else wants to go in the meantime, because this might take 90 seconds. And I want to do 90 seconds of dead air.
Starting point is 00:26:31 Then we can come back to mine. All good. Well, who shall I pick on? Maybe Alex. Alex, maybe let's do a whirlwind of why you're gold. Go alphabetical. Yeah. All right.
Starting point is 00:26:45 So I like to pay attention to adoption markers. I think the price is not very revealing of adoption. So some adoptions markers I look at. is like strength of the network, cash power, how much money is moving on the network, a number of wallets, the amount of Bitcoin that's allocated to channels and committed, a number of nodes, all those kind of things. So some of the adoption markers that have been interesting to me as of late as number one, we passed $14 trillion worth of USD value transferred on the Bitcoin network.
Starting point is 00:27:20 As of now, we still have two months to go. Last year, it was $13.1 trillion. So we've already surpassed that. We're already growing in that regard. The institutional, or I should say, the legacy sort of system adoption markers are pretty strong for 2022. You've got KPMG Canada in Bitcoin, Bank of New York Mellon in Bitcoin. Forbes is saying that the use case strengthens for Bitcoin. Bloomberg referring to Bitcoin as a safe haven.
Starting point is 00:27:47 Bill Gross in Bitcoin. Ken Griffin in Bitcoin, State Street, and Bitcoin, Morgan, Stanley, asset management in Bitcoin Critics, Swiss, saying that Bitcoin's going to benefit from all this crazy monetary stuff that's going on in the world. Gondlock in Bitcoin. Russia announced it's going to take payment for energy in rubles or gold or Bitcoin. Bridgewater backs a crypto fund. BlackRock starting to respond to client demand in Bitcoin on and on and on. There's a ton of these.
Starting point is 00:28:16 I'm not going to read them all. There's a ton of these. And then finally, we just hit an all-time record for the number of, of addresses that have held Bitcoin for longer than three months. Yeah, that's huge. That is, to me, is mind-blowing because, like, what it really means is the people that are holding for more than three months, they're not short-term in-and-out sellers, which is most of the people that came in.
Starting point is 00:28:43 And over the last six months, a lot of that selling pressure was coming from people who are newer. So everybody who's holding right now have figured out they're not selling. That to me is incredibly Frick and bullish. I don't know if that's a bottom marker, but damn, let's go.
Starting point is 00:28:59 Send it. It's great because you realize how much of the price is effectively calculated at the fringe, right? There's X amount of liquid Bitcoin, but there's so much of it that is basically just sitting held away
Starting point is 00:29:17 and that the conviction of those people is continuously growing. And to see that much being held on chain and a singular address for an individual for longer and longer, it denotes that, yeah, it's the, you know, there's a small liquid market. And during the bear market,
Starting point is 00:29:41 there happens to be more sellers in that small liquid market. But it takes very little movement to change that trajectory. And it can really rip. I think that we've got an interesting decade ahead of us that a lot of people are underestimating what can happen. So it's going to be a good time. It's going to be a good time. John or Kristen, do either of you want to jump in, comment on Alex's topic before we
Starting point is 00:30:12 rotate to Brady's? I mean, I think one of the things that I learned really early on from Bitcoiners is watch what they do, not what they say. And so when we hear headlines like that and here at Swan, when we're watching the market and I'm clipping little headlines, you know, we see people changing their tune, whether it's JP Morgan or, you know, it's just the list is really long of people who have tried to vilify Bitcoin while secretly stacking, you know, in the meantime or putting up the channels to be doing business in Bitcoin. And so I think that's just, A, a great lesson that I learned from Bitcoiners, which has just played true over and over again. And then the other thing that I was really cluing in on that market that Alex was sharing was about the number of Bitcoiners really holding. And so if we think back to, let's say, four years ago, or the last bottom was maybe, let's say, 3,000, right, when the last bare market. And so just imagining now that the floor has raised up to, let's just say, around the $20,000 mark in that time period.
Starting point is 00:31:24 And that's really interesting. And I think it's not my reason, but it could be a reason to be bullish, is to really think about the lower end is so much higher than it was four years ago. And then four years before that, and that trend continuing is, you know, one great reason why it's such a great store value. Yeah. There's just a little side note here. There's a really cool graph. I had a bunch of the Unchained guys on last week, and Phil Geiger brought up this chart,
Starting point is 00:31:54 the Hoddlewaves over at Unchained. And it's really cool because you can actually see up along the top. This is like the UTXO age distribution, meaning like how long has a particular coin been sitting in an address and not moved? And so like the scale goes anywhere from 24 hours to 10 plus years. And you can see some of the, you can see some of the widening on some of these longer time frames, right? Like some of the 10 year stuff, obviously, that's like there's not a lot there. It's starting to get to the point where it's pretty constant.
Starting point is 00:32:34 But you can see particularly like five to seven years is starting to widen three to five years. is much wider than it was, you know, back in 2018, two to three years. The one to two year is getting really wide, like quite a bit. You saw it like you saw it start to move quite a bit and tighten, meaning lots of people were moving their coins around as we had a bull market. But now there's a lot of coins that have been sitting in a singular address, something like yeah, 23% of all coins have been sitting in a singular address for between one and two years. So those people are just sitting on it.
Starting point is 00:33:19 And that's on top of the, you know, all of the other, you know, like 15% three to five years, seven and a half percent, two to three years. Even, you know, another 13, 14%, six months to 12 months sitting in a singular address, right? you're not getting a lot of movement out of like half to 60% of the Bitcoin stack. And that's pretty impressive. I like that. But nonetheless, I'll get John's thought on this and then we'll do a rotation. So John, any thoughts on Alex's topics on some of the metrics that he's been measuring and excited about how bullish he is? not just really just you know affirming that um thesis of people more as people value this thing
Starting point is 00:34:07 the more they uh the more they want to hold on to it and the more they want to acquire so uh and also and you know it's that natural progression as a bitcoiner like it you want to want to understand it so it just shows the more that the deeper you go down the rabbit hole. The more you want to acquire, the more you want to hold on to and really why we're all here. And that's why number go up is such a powerful thing. And yeah, I'm excited. It's great. Awesome, man. Awesome. I love it. All right. Well, let's round out this topic. There's so many interesting metrics that you can track. And again, those, those hollow waves are really cool. But a lot of stuff Alex mentioned, it's so unique to a money to be able to even be aware of those things.
Starting point is 00:35:02 And this is part of, again, fix the money, fix the world. If you know how it functions, you can better, you can better calculate and decide on your economic action. So with that, we're going to give it a rotation and we'll give it back to Brady here. All right. Let's go. We figure this out. I believe I've got something here.
Starting point is 00:35:25 Do you want me to pull it up now so that I can give it a share? Well, okay, we've been working on this really hard. This is not yet published on the web, but we'll be very, very, very, very, very soon. It is the full schedule for the hard money stage and the Swan Dome at Pacific Bitcoin. And I thought it would be amazing to debut it on Ben's show, as Ben is such a big part of the Swan Dome. So I'd love to take a look at it and maybe talk about it for a little bit. And then here, one session that stood out to each of you and why. All right.
Starting point is 00:36:04 I like that. Okay. All right. So I'll pull it up here and maybe you can walk us through. Tell me if I need to scroll what you want to focus on. Yeah. Scroll down to where it says maybe we can get it all in it. Yeah, right there.
Starting point is 00:36:15 That's good. And we can get it all in anyway. Okay. So let's just have the header on there. Here I can, here's what I'll do. I'll just, how's that? Yeah, I think I can still read that with my
Starting point is 00:36:29 increasingly ancient eyes. Yeah, there we go. Full screened it. Now, okay, so here we go. Day one, this is the hard money stage. And we will be kicking off with Corey Clipson, of course, who's got some new, something he's been writing lately to talk about the race versus the war.
Starting point is 00:36:49 And I think it's going to be really nice. We'll talk to kick things off. We're doing these four panels called the Bitcoin Time Machine. And this one here, the first one is 1982. And you'll see down at the bottom here, we're doing 1992. And over on the other side, on the second day, 2002 and 2012. So the broader, this is a long, this is like a, you know, a long time preference project that we're working on here.
Starting point is 00:37:13 So every Pacific Bitcoin for 10 years, we're going to do four of these panels. We're going to go back 10 years. So by the end of this decade, a little, you know, I guess into the, into the 2030s a little bit, by then we'll have 10, 40 years, sorry, 40 years worth of historical context around Bitcoin. From 1982, when like David Chom was doing his thing and the cyberpunks in the 90s all the way up to the 2030s. So through the 2020s. Cool project. I'm excited about it. Tomer Strohite is.
Starting point is 00:37:49 is hosting every panel. He's working to put together all the questions and stuff. It's going to be really cool, I think, something a little different. And then if you just go through, we've got, you know, just kind of the biggest names in the space. Talking,
Starting point is 00:38:02 we're doing a fireside chat with Alex Epstein. Bitcoin is Freedom. We've got all your models are destroyed for the macotypes. You'd like to watch the charts a little closer than others. We've got some mining stuff for you. We have a presentation from John Glover, who's at Ledden, actually. He's really excited about this.
Starting point is 00:38:23 I've seen the deck. It looks really good. I think it's going to be a really fun talk about the services that, you know, that Levin provides. It's going to be broader than that, but I think it's going to be really good. And then, of course, we finish the day with Michelle Fan, who is a YouTube star, an incredibly successful businesswoman, super sharp. She loves Bitcoin.
Starting point is 00:38:42 That's going to be cool. And then Bitcoin, Not Shitcoin with Alan Farrington, Jan Pritzker, and then all of them. That's going to be fire. So a second day on the main stage, we're going to come in. We're going to play Bitcoin's generational wealth, which needs to be added to this PDF. But after Bitcoin's generational wealth, I'm going to do just a five-minute, like, dawn of the Bitcoin Renaissance hype. And then we're going to get into it.
Starting point is 00:39:06 We've got Breedlove on a fireside that day. We've got some lightning stuff, as you can see there, some more mining stuff. Thriving during the great monetary reset should be pretty great. Mark Moss, Dr. Jeff and Lewis Liu. And then this might be the most fun Bitcoin Time Machine at 2012 with Dustin Trammell, who may have what was probably the third node on the Bitcoin network after Hal, Alan Farrington and Pete Rizzo. And then we close out with a bang on the main stage,
Starting point is 00:39:38 a fireside chat with Lynn Alden hosted by Preston Pish and a fireside chat with Michael Saylor hosted by Corey Clifston. And then we go, the DJ Let's Loose. and you grab yourself a drink and we close the day. So if you go down to the next, this is the Swam Dome. Swamdom is focused on the Bitcoin community. It's for Bitcoiners. So we have some really fun stuff, some deeper dives, some things that, you know,
Starting point is 00:40:05 these longer term, longer time, Bitcoiners might want to spend some time over here because they've heard everything that all of those guys on the main stage have to say. They've had Michael Saylor and they've had Michael Saylor. You're here for 17,000 hours. Yeah. Exactly, exactly. So we've got a PlebNet panel, open source panel with our own Pablo Fernandez and Moritz,
Starting point is 00:40:29 who just joined us from the Spectre team. And Keith is a genius. Mean work makes the dream work with American Hado, Lynn Alden and Neil Jacobs. A home mining focused panel, kind of a do-it-yourself mining focus panel called Back to Basics. Thank God for Bitcoin will be there. And then we'll be,
Starting point is 00:40:47 will have the Bitcoin, the Pacific Bitcoin pitch competition. Six seed or pre-seed stage companies will be pitching to some VCs and the winner gets to present on the main stage the following day. And then tip. Everybody knows tip, right? At least everybody here knows tip. On Bitcoin Twitter with their awesome music videos and stuff. Tip is incredible.
Starting point is 00:41:10 I've got to say like one of the most unique Bitcoin content creators out there. Absolutely. A thousand percent. She's going to come and debut something for us in the swan dome. Then we have toxic happy hour live. We have simply Bitcoin live. And then we will be regaling the entire outside portion of the conference with C shanties, Bitcoin sea shanties, to end the day and just like carry that energy into the happy hours
Starting point is 00:41:35 and beers and dinners that we'll be following shortly after that. And then I've got to mention, I haven't mentioned this yet, every, both of these mornings, Cafe Bitcoin will be live. from 9 to 10 before the stage activity starts. So cafe Bitcoin will be there. If you want to show up early, grab a copy, sit down, hang out with Alex and his crew. They're going to be doing Kavei Bitcoin from the venue both mornings. Then we do a lightning security, Bitcoin and privacy, zero to multi-sig.
Starting point is 00:42:03 So we're getting into those topics that are near and dear to the longtime Bitcoiners. We have a Bitcoiner speed date. Okay, this is fun. This one is my idea. And I'm glad that we kept this in here. But this is going to be Camilla Campton, host. this panel and she's going to do 10 minutes with each of these Bitcoiners and ask them no Bitcoin related questions or at least no Bitcoin questions. I'm sure we'll relate probably
Starting point is 00:42:26 every question. But we're trying to avoid that and try to learn some fun things about these people. So it's like first date type questions. Then we have Pacific Bitcoin trivia with the crypto couple, Carla and Walker. They're hosting that, putting it together and it's going to be a hilarious and fun time. There are prizes for 2023 Pacific Bitcoin tickets for the winners of that. Then we have a hackathon happening the day before on Wednesday. So we'll be announcing the winner in the swandom. We have a stack chain panel. And then we have a live, why are we bullish at 420?
Starting point is 00:43:04 Excellent choice of time. Thank you. This is going to be, I'm very excited for a lot of this. stuff. And a lot of it, I'm just, you know, I've seen a good chunk of it, but, but a few of these things are new to my eyes, so I'm very happy to see it. Now, there was a comment here from Fuddlord. He said, I didn't see somebody. We made a huge mistake. I didn't. I didn't. I didn't pay on the schedule. I think that was an error. I'm sure he's closing out the conference. Big mistake. didn't quite make it through our process, but he got close.
Starting point is 00:43:48 Maybe next year. Yeah. We'll see. We'll see. The vet is really, really tough. It was really tough. Yeah. It came down to it.
Starting point is 00:43:57 I mean, I just, you know, I had to take Alex Gladstein over a bit boy. Yeah. So, you know, it's tough decisions, man. Got to really trim it down. So only a couple days. Do it's the best for Bitcoin and Bitcoiners. Yeah. Yeah.
Starting point is 00:44:12 Can I, okay, so I'll, some of the stuff that caught my eye, I'll have to pick one. I know there's so many. But, you know, I love, I'm kind of intrigued by the Bitcoin or speed dating. I think that'll be kind of, I think that'll be hilarious, especially when you get Carla and Walker up there. I think that's going to be a pretty unique thing to be a part of. So yeah, I agree. Yeah. Yeah.
Starting point is 00:44:43 So that's that's catching my eye. I think the, and the other one that really caught my eye, because I miss him dearly on Twitter, is American Hoddle with his meme work makes dream work. Yeah. With American Hoddle alongside, yes, Neil Jacobs, but like Lynn has been fucking savage on Twitter here and there. So like, she doesn't really, she doesn't really make them, but she is an artist. out of flying them.
Starting point is 00:45:11 Oh, yeah. Yeah. So, like, Lynn flanking hodle, I think that's going to be like a crazy. Yeah, that's going to be a good time. So anyways, that's what stood out to me.
Starting point is 00:45:23 I don't know about you guys. What was kind of on your radar? I'll zoom in a little bit here. But there's a lot. I don't know. Like, Alex, what are you excited about? All right. So not going to lie.
Starting point is 00:45:37 I'm a little partial to those Cafe Bitcoin crew guys. I think that's fucking awesome. But aside from that, I'm looking forward to sailor. I mean, there's so many. How do you pick? I do also agree that that Bitcoin or speed dating thing is going to be awesome. Super looking forward to that. Great idea, Brady.
Starting point is 00:45:57 Like, I'm laughing already. I can't even imagine how off the hook that session is going to be. And then just everything. I like how we've got it separated into swan dome and main stage, where swan dome is more focused like deep dive let's drill down on some stuff yeah um i think that's great because you have two different kind of people two different kind of bitcoins you've got the bit corners who've been around for a while and they're like take me deeper show me something i don't know help me learn and then you've got the others who are new and and those guys are going to be like okay
Starting point is 00:46:28 what is this all about so it all looks fantastic i'm super stoked yeah yeah it's again it's very unique to where you're at in your journey like the main stage is like the big speakers and the tell me kind of why you know why bitcoin whereas the the the swan dome is you know why it's more how bitcoin and like bitcoin culture i'd say is kind of the feel thousand percent man i'm going to say brady keeps calling the swan dome like the bitcoin twitter equivalent at the event and i think that's a really good analogy That's what it was. It's original form. It's original form at Bitcoin 2021. You know, that's what it was. It was the gathering place for the Bitcoiners.
Starting point is 00:47:17 It was, you know, the kind of really pure Bitcoin culture and signal there. Yeah. And that's what we wanted to recreate. So I got, I'm sorry to interject. Yeah, it's all good. These comments are too good. I was just reading the comments. I was like, oh, my God, this is hilarious. Bitcoin speed dating. How you expect people with the lowest time preference on the planet. and expect great results. That's why it's going to be funny. Want a bump notes.
Starting point is 00:47:44 And then yeah, Robert, want a bump note. Oh, man. That's great. Yes. This is what I was hoping for. Yeah, it's fantastic. What about, I don't know, like, Kristen, what stands out to you? What are you excited for?
Starting point is 00:47:59 What are you looking for? Oh, my gosh. I'm excited for all of it. And we all know I'm not the most technically savvy gal, but I will say I'm excited about the pleasure. WebNet talk. I'm friends with Ellen and Jesterfer. I'm still trying to learn about lightning. My husband and I have a couple of channels that we can't seem to get anything to flow through. So I'm hoping we can sort that out and learn while we're in town and just happy to see them on
Starting point is 00:48:24 stage sharing. They're both, that whole panel is just amazing. Brecky's on there as well, of course. And so I think that's just going to be amazing and lots of learning. And then the meme one, I'm with you. Like American Hoddle, he got me through the last bear market on Twitter, you know, really just yelling at all of us to suck it up and stack harder. And I owe, you know, having, not that I have the most Bitcoin in the world for sure, but I have more than I would have had he not been on Twitter just harassing us all. So I have a real sweet spot in my heart. And Neil and Lynn, of course, just always slaying it and just knowing the power that humor and sharp words can really have to motivate us as Bitcoiners and to grow the community. I'm definitely down for that.
Starting point is 00:49:17 And then, you know, I know Saylor talks a lot in a lot of places, but man, I think there's just almost nobody better. So I will be in the room for sure to see him close the show out for sure. Yeah, absolutely. I'll toss it to John here. Anything standing out to you that you're particularly looking forward to? I mean, absolutely. This is going to be just, it's going to be historic, truly historic. But for me, I really do kind of gravitate towards maybe it's, I've always been kind of a deep thinker.
Starting point is 00:49:52 I've always been sort of questioning existence, you know, what the fuck we're doing here. Oh, sorry, can I cuss? You can say whatever fuck you want, man. All right, cool. It's live, John. It's live. It already has. Live is too late. All right. What about shit? Piss.
Starting point is 00:50:12 No, sorry. Ain't no censorship here, bitch. George Carlin coming out. So I, you know, especially when it comes to, so the panel of the answer to life. the universe and everything. It really warms the title, and especially Eric Kaysen, Tomer,
Starting point is 00:50:40 Brandon, you know, Brady, you guys, all four of you guys of those names were very formative in my initial kind of conceptualization of Bitcoin and fitting it into into the story of reality and our current existential crisis that we're having in Western civilization.
Starting point is 00:51:10 And so I see that as a very like, you know, something I'm definitely going to mark on the calendar. I want to be there and hear what these guys have to say because like, yeah, Bitcoin is an internet, this crazy internet money and a digital protocol. and it has all these very technical aspects to it that are an integral part of what it is. But it does have tremendous spiritual implications. And those are the kinds of questions that I personally kind of interested in. So, yeah, I'm looking forward to that. That's, yeah, that's, you've, you've swayed me on that one too. I'm kind of, I'm like, oh, that's, that's a pretty solid group there.
Starting point is 00:51:55 Yeah, Tomer in particular, I love seeing anything and listening to anything that he's really put his mind to. And he's such a unique voice in the space. So I love hearing from him. I mean, I have to say, you know, since I was kind of heading up, putting the schedule together, I got to pick one. This is the one I picked to moderate. Yeah. Yeah. Good choice.
Starting point is 00:52:23 Good choice. It's like the shamans. They're the shamans of the Bitcoin. I love the cosmic Bitcoin talks because it's like it, it gets to a place where you kind of, all of the kind of barriers that you usually put up around the way you typically talk about things, they just kind of get thrown out the window and you get down to more of a broader, again, no better word for it than cosmic. mindset for those types of conversations.
Starting point is 00:52:57 And I love those because they're fun and experimental. And it's okay to say something that's maybe kind of out there. That's fine because it's just thought experiments in why are we here and what are we doing. And why are we bullish? Yes. And why are we bullish? I don't know if my panel will be as deep as this one. Maybe not.
Starting point is 00:53:23 It would be a little bit more service level. this is one of if not the best named bitcoin podcast or at least bitcoin show wow it was too good yeah i was pretty stoked when when i was like yeah i should just ask that question every time and then it went well great format great so yeah i'm pretty stoked about that um yeah all right so i'm super glad that we got to debut that that walkthrough of what's going on in LA I'm now even more excited for it.
Starting point is 00:54:02 So I appreciate you, man. Thanks, thanks for bringing that here. Hey, look, I came here without a reason that I was bullish because, you know, I just five o'clock came around. I was like, I got to come with the reason I'm bullish. And I was like, oh, well, Jasmine just made this awesome PDF of the schedule, so let's go. And no one has seen it.
Starting point is 00:54:23 That was the first sneak peek. Yeah. Well, that's amazing, man. I'm stoked about it. I know that Brady, I think you might be tight on time because you have other. Are you? I've got some more time. All right.
Starting point is 00:54:40 I got to leave when my wife gets home because we're heading out the door, but she's not here yet. All right. I'll stay until she is. All right. So we can keep it rolling. We've got two more reasons to go. if if something comes out then if she gets home then just
Starting point is 00:54:56 let us know but we'll just keep it rolling man um yeah let's let's rotate i'm going to uh i'm going to toss it to i'm going to go john first and then we'll wrap it with christin uh if that's okay by you guys uh so john i'm going to toss it to you and just simple question why are you bullish man absolutely i have a crow friend behind me Crickets or crows.
Starting point is 00:55:22 It's one of the wild. It goes with the pirate. It goes with the pirate. Alex, we need to get some sound effects going here. Yeah. So as I think about it, to me, it really comes down to what
Starting point is 00:55:40 has been spoken of is like the Bitcoin social layer. And I alluded to it earlier. But to me, I see it as this concept, this concept of, of like, yeah, Bitcoin, it exists in the digital realm. It's a computer software. And it's there.
Starting point is 00:56:01 It's working. It's connected to reality. But in order for Bitcoin to have value, humans need to interact with it. Right. So we are in a very real sense, a part of the Bitcoin network, just by the very fast. that we use it. We brought it to existence as humans and the reason why it's perpetuating, the reason why the network is growing and existing and reason why can have confidence in its growth
Starting point is 00:56:38 in the future is because people are using it and people are using it to connect to each other on a value basis, using using it to store. their value, using it to move value across time, move value to other people. And so, you know, and it's to, for us as we're trying to grapple with what what exactly that is, obviously it's money. It's what is this, it's replacing the things. It's becoming the better money that we're able to use for all those things. So it kind of, that makes me think about how like in any civilization, I really think that money is the most spiritual part of that civilization because it's the thing that connects everyone together on a value level.
Starting point is 00:57:36 And values are truly expressed from our soul. It's like our will being expressed into the world because we're choosing one thing over another. or we're making that value judgment. So it's the integral part of our society. And the fact that the thing that we're using as money right now is so corrupt and able to be manipulated and able to be used to oppress individuals and also isolates and cancel individuals and entities that are not serving the agenda. of, you know, of whatever powers it be.
Starting point is 00:58:21 And, you know, even our swan got just got canceled off of Citibank one day ago, you know. So this stuff is really real. It has very strong implications on the way that we operate in society. And the fact that we have Bitcoin as a refuge as something that exists outside, of anyone's control that thousands of people are working on every day to make to improve and they're incentivized to do it for their own, you know, their own personal betterment, their own financial improvement. And it's just an absolutely beautiful thing. So that is why I'm bullish and especially, you know, just to bring up.
Starting point is 00:59:14 Pacific Bitcoin as an example of how that social network is able to advance. It's a way that we're able to come together and build relationships with each other that go deeper, that go beyond, like, that two-dimensional digital interaction, where we can sit across from each other, look in each other's eyes and have a real conversation. And that to me, that's the best way to build any kind of friendship and trust. Like the amount of the amount that you're able to accomplish through that process is actually increased. As I'm sure Brady and Jan and Corey experience just coming together in person for the first time. You know, the ideation and everything we're going to experience at Swan is going to benefit greatly as a result of that.
Starting point is 01:00:21 I love that, man. I think it's, there's a few points that you touched on that I was jot in notes because there's a lot there that I wanted to kind of like hone in on. But so you were talking about how how money is, is basically. a conduit that reflects our values or or you know another way of putting it a way in which we choose to allocate the fruits of our labor so like where do where do we like all of the hard work that we do every day where do we then allocate that like the fruits of our labor where does that flow to and a functioning money will accurately represent that a broken money like fiat is a perversion of the values of the group. And it changes into the values of the few. And this is where
Starting point is 01:01:18 you see this division of society, right? You see this fracturing of society because people's values aren't being accurately represented. They're being interpreted by those that are at the money spigot and then further interpreted by those closest to the money spigot. So it's instead of trickle-down economics, it's trickle-down values. It's crazy watching the division has never been more divisive because we've never seen a perversion of our money, a reflection of our values, more extreme than we have now, especially, well, I mean, in particular, in Western cultures, it hasn't happened. And you're talking about our connection with each other is represented through this.
Starting point is 01:02:05 well a perversion of that results in a disconnection. And so with that, our will, again, our will for what we wish to, where we wish to channel the fruits of our labor becomes their will, the few, the few that get to choose what happens with our money. So like I think it was very apt. It was very on point. It encapsulates everything that's wrong with the world and fix the money, fix the world, my friend. Absolutely. Like, especially when you think about the price signal component of it,
Starting point is 01:02:41 where you have, people are making those value judgments based on the pricing that they see in the world, and that pricing is directly related to the monetary supply. It's directly related to who's getting what money at what time. It's truly like corrosive. I see it's demonic, honestly. it's that evil force if you're going to define evil as the force that believes its knowledge to be complete then that is uh that's pretty much the that's that's the example of it is it's pervading um every part of our every aspect of our lives like what aspect of our lives is not affected by money yeah yeah absolutely um i'll open it up whether it be Alex Kristen or Brady maybe maybe Brady just because we don't know how long we have before,
Starting point is 01:03:36 but I might toss it to you. Like, do you have any initial thoughts as to the topic at hand what John was talking about or money or connection to it? Yeah. I mean, there's a lot there. This is one of those kick-off conversation kick-offs that, you know, you start at 10 o'clock at the bar and then it's all of a sudden 2 a.m. I have a lot of thoughts.
Starting point is 01:03:59 First of all, I love to see John just, I mean, you know, you're just growing, in my opinion. Maybe it's just because I didn't know you well enough, and I've gotten to know you better, but this sort of vision that you have of like bringing Bitcoiners together in real life and how important that is and you're really pushing that. You're developing really good arguments and reasons for it. And it's just cool to watch. That's all I wanted to say there.
Starting point is 01:04:23 But money is a foundation of civilization. You know, it's like right up there with like, you know, the most important human emotions, like love and hate and greed and all that stuff. So it's almost, it's, it's, it's, it's that powerful because it plays in all of those emotions. And when we, this is why we say fix the money, fix the world, which, you know, Ben brought up earlier and it's, it sounds absolutely utopian and a massive exaggeration, you know, which it is a little bit, but all slogans are. But this thing is, this is like, it's fundamentally accurate and true, I think, because it is such a fundamental layer of civilization.
Starting point is 01:05:11 So if you have a corrupt money, and if you have a money with incentives that include profitably spending and just kind of, you know, this rich get richer. I mean, this is one, I've been thinking about this for a long time too, is, is the progressive bitcoiner. And, you know, Peter McCormick is getting a bunch of shit about having progressive bitcoiners on his podcast and that he's a state as cuck and all of that. which whatever like angers me we need to talk to everybody okay we need to talk to everybody especially progressives political progressives who are down with bitcoin and shaming them because they because you know you don't agree with the way that the government should be run or if it should even exist is is not the way to go the the way that we can or one way that we can progress Bitcoin faster is to embrace
Starting point is 01:06:02 everybody who has taken the time to learn and understand it and believes that is an important force for you got to Brady got so fucking bullish that he smashed his mute yeah I know he's like if we shun those people
Starting point is 01:06:19 if we shun those people because of our legacy political beliefs yeah we will not or we will grow this thing less fast and even even more risky we will create a red versus blue political divide.
Starting point is 01:06:33 And that will slow things down like crazy. Okay. We absolutely desperately need advocates for Bitcoin on the blue side of the aisle in this country and in every country, but especially the United States. And if we continue to push them away and call them status cucks and we don't need you, we're building a new world without you. We have our money and we're going to have, we're going to rebuild everything from the ground up. fine, that's great.
Starting point is 01:07:01 Like, more power to you. But in the meantime, you're causing a lot of problems, you know, like potentially for this, you know, world changing technology. We need to embrace everyone. We need to talk to everyone. We need to be patient with people. This is, this thing is unintuitive. And it goes against the idea that I live in a country where I have a say.
Starting point is 01:07:29 I have my vote matters. I can help kind of control the direction, the moral direction of this country. And that can be the case, or it could not be the case. But it doesn't matter because it's the reality. So we live in a country with a big government. And we need to figure out a way, which is why Bitcoin Policy Institute is doing and others are doing, to educate the people who are making the decisions about the laws in this country. And if we get into an trench battle and this thing becomes just completely politicized,
Starting point is 01:08:09 we're going to delay things. We are. So we do need to support progressive Bitcoiners. And we need to support the Bitcoin Policy Institute and other efforts like that because they know what they're doing. Those guys have been around Washington for a long time. And they know how to talk to legislators. And they're doing good work.
Starting point is 01:08:26 They're doing the work to educate them. So we should fund them and we should celebrate them. And we should also celebrate progressive Bitcoiners on podcasts. I don't know where I started, but that's where I ended. I like the sentiment. I think it's interesting because I think, I mean, regardless of where you said on Bitcoin, you have an ideal of like an outcome. you would like to see, right?
Starting point is 01:08:58 You say, okay, well, I would like to see, this is kind of my vision for the world. This is what I hope happens. And a lot of people on, you know, various parts of the political spectrum or just like off the political spectrum entirely, have zeroed in on Bitcoin as the solution to get to that final vision. if you think Bitcoin creates that final vision for you, it doesn't fucking matter.
Starting point is 01:09:29 If the other person thinks it creates their own vision and you think that they're going to be wrong, it doesn't matter. Sure. Encourage them. Oh, you think Bitcoin will do this for you? Wonderful. I think it will do the opposite. But we both see Bitcoin as the solution to our problem.
Starting point is 01:09:49 Exactly. you know exactly exactly yeah like let's i mean that's a beautiful thing and that's what john was talking about like you can yeah it's like identify with bitcoinsers but yeah go ahead john sorry oh sorry no i was just saying like the logg the divine logos is is like the word seeking truth so dialogue the thing the kinds of things that we're doing on the podcast the the conversations that we're having on twitter um that's that's to me a whole a very holy process because it it's that truth finding mechanism that that we need we need that like we need to put some put an idea out there and have it critiqued um by others and then and then reconcile with that in our minds and then have that conversation and that's how truth is yeah absolutely i i totally agree with that i want to get christina The birds are here. Yolo had a comment.
Starting point is 01:10:53 I just had a shout out that, yeah, I know they're listening. They knew it was my turn and, you know, you guys know that birds aren't real, right? Yeah. He also wanted to know if that dog barking was Labra. Labra on the background. Yeah. I do want to get Alex and Kristen's thoughts on the topic at hand. Like, kind of like the overarching money as a reflection
Starting point is 01:11:19 of our values and like again, tying into what Brady kind of let us down from that line of thought of Bitcorners having different ideas of how the world functions and how they'd like to see the world come come to come to pass over time. What's your take on that? Like what is your take on on the different viewpoints of Bitcoin? Obviously there's lots of them. Yeah.
Starting point is 01:11:47 Yeah. I mean, the one thing, and this is, I don't know this is exactly on point, but what was coming to mind when John was talking and, and again, when Brady was, was this idea that I'm always fascinated by about Bitcoiners is how we have these, we have certain values that are shared, and then that stops. And then we get all different values beyond that. And that's the beauty of Bitcoin. And I have personally expanded the diversity of my. friendships because of Bitcoin. I don't mean in race or gender, but I mean in especially political beliefs and things like that. And so it's one of the, to me, one of the most interesting things about the Bitcoin community right now. And I'm sure at a certain point, it won't matter if we succeed,
Starting point is 01:12:35 right? Like Brady said, it'll just be everyone. But right now, you can still really palpably feel those differences. What I really have enjoyed about true, true blue bitcoins is their ability to to argue and hash things out on Twitter in person, whatever it is on their differing opinions, but kind of leave it at that. You know, some of you, if you follow me on Twitter, you probably don't because I don't have that many followers. You should follow her. By the way, all of their Twitter handles are down below and you should follow every single
Starting point is 01:13:07 person here. But you may or may not know that last year I went through a cancer experience and went through chemotherapy and surgery and radiation. And there were bitcoinsers who I argued with tooth and nail about things previously about usually something to do with politics or COVID or whatever the thing was, who were then DMing me. I'm praying for you. My family's praying for you.
Starting point is 01:13:35 What do you need? Can I share some resources with you? And this isn't one person. Like I'm literally going to try to not cry right now. but just so many people that I knew who were Bitcoin Twitter friends, people I didn't know. And I've seen that time and time again, not just for me, but for, you know, anybody in the community. And so, you know, when John was talking about that social connection that we have and when Brady was talking about the importance of, you know, making room for everyone, you know, my thoughts were going to that, that we don't always, you know, do that well as a community. But I feel like actually better than most, we are willing to really argue.
Starting point is 01:14:13 you tooth and nail for the things we believe in, and then just let that argument be what it is and not carry it over into like, you know, absurdity and really be there for the bigger things together and to support each other beyond our differences. And I actually think it's one of the most beautiful parts of the community. Yeah. Yeah, absolutely echo that. I think, you know, Bitcoiners are good at arguing. I think it's everybody. wants to not trust but verify, everybody sees things a certain way. And I think it's what you're seeing is not, it's, it's interpreted as toxicity. But actually, I think it's, it's a way of in a new kind of like hard money standard where
Starting point is 01:15:05 the base of society is actually rooted in reality. It's trying to hold everybody to that extreme. standard of being truthful and and trying to like actually get the truth out of every single little thing and with that comes conflict but at the end of the day when it comes down to it when you know when when when somebody's in a hard spot when somebody needs help when somebody is just going through a rough time um i think bitcoiners are pro humanity they're pro people they're they're pro community and and you see that in the end.
Starting point is 01:15:46 And regardless of, you know, past disagreements, I think the good people shine through and they come into the fray and they're willing to lend a helping hand. So, yeah, I love to see it. I'll, yeah. Well, again, it's good to hear, Kristen, that. And how are you, by the way? Are you?
Starting point is 01:16:09 I am healthy. Look, I'm getting my hair back. It's all coming together. I love to hear it. Yeah. By the way, I didn't tell you earlier today on our like two meetings that we were on or whatever. That was Thursday. But your hair looks amazing.
Starting point is 01:16:26 Oh, thank you. I love it. It's getting it snazzy, you know, in time for the conference. And speaking of hair that looks amazing, let's jump to Alex and and ask from the topic at hand. This is what we call, this is what we call high speed. low drag. There's so much to unpack here, guys. To what Brady was saying earlier, that thing about be nicer to progressives. I hear you, brother. I'm taking it to heart. I'll do my best. To what I'm, I'm man, I've grown a lot over the last year or two. With Ben, he said trickle down
Starting point is 01:17:07 is a form of, you know, that whole thing. It occurred to me that that's actually a little bit of a form of gas lighting because it's the opposite of that. It's not trickle down, it's triple up. With Fiat, that's vacuuming up all the time in the energy and the value and the wealth of the masses, and it's funneling it up to a very small group of people. I'm not going to get any deeper than that, but that's why we bickling. The next thing is something that John said about city debanked swan. I want all of you to know who are swan customers are thinking about becoming swan customers. Don't sweat that. That has no. nothing to do with our ability to help you and you transact and all that other kind of stuff.
Starting point is 01:17:48 And Corey Clipson is the CEO of Swan. He's already on the warpath. He's already got three interviews lined up with Main Street Media. This is not going to go down as simply and as well as they think that's going to go. Finally, you don't debank Swan. You don't debank Swan without a little bit of PR trouble. No, no. We have an amazing PR firm.
Starting point is 01:18:11 I think it's called Melrose. they're fantastic. Look out because you know when Corey gets on something he yeah it's going to be good. Perhaps I should have chosen a different example. Well John was saying
Starting point is 01:18:27 that we're not we're all connected by the money I agree so I feel like Bitcoin is kind of like a central nervous system we're all like little nodes on that and it's forming sort of one consciousness and then finally to what Christian was saying like you know Swan is a great example, microcosm of what Bitcoin is because we have the full spectrum of political leanings at Swan.
Starting point is 01:18:51 We have people who are very on one side and people who are very on the other. But the amazing thing is at the end of the day, the mission is far more important than any of that nonsense. So let's go. LFG. I mean, exactly. Bitcoin can be a unifying force, politically speaking. This could be a purple issue. and it should be and it will be by just like the natural course of bitcoin's evolution over time but we can make it happen quicker that's all i'm saying
Starting point is 01:19:21 everyone we can come together as bitcoiners no matter your political past or whatever and say this is a single issue vote because i think this is what will make the most impact for the positive on this country in the world and just come together and vote vote for big pointers yeah i'll tell you what it's not it's not a yellow issue. Shout out to yellow. Don't get in front of an unstoppable freight train. Even the freight trains are on board. It's coming.
Starting point is 01:19:50 I got to give a shout to yellow because I don't know if you guys have noticed, but he's been doing Don't Stop Believing on Twitter spaces every day for like a year. Yes. It is the greatest. I can't always join. but it always warms my heart to see it on Twitter. It has changed the song for me. I already liked it.
Starting point is 01:20:16 Glee ruined it a little. But Yellow brought it back. Yellow brought it back. So thank you, Yellow, for fixing the song for me. I appreciate you. And again, he's always in the chat, but I get to give another tip of my hat. He was awesome.
Starting point is 01:20:39 I went to Athens and I actually met him in person. He was very cute. He was very fuzzy. He was jealous. He was very yellow and he gave me a ride on his motorcycle. So you can make a mental picture of that. And you held on to his little furry waist. Yeah.
Starting point is 01:20:56 Yeah. I grabbed on to a little bit of the fur on his back and just, you know, and it was a little toy motorcycle. I barely fit on, but it was amazing. So I got to give him a shout out. It was fantastic. I made a mock up of it on Twitter. I think I edited together a picture of it.
Starting point is 01:21:14 So anyways, I'll try and retweet that after the show. But nonetheless, yeah, yeah, it was a good one. Anyways, so we'll wrap that topic, John. That was a fantastic topic. Thank you for bringing that. Again, Bitcoin, I mean, our money is just a representation of our values. And it's deeply connected with us. And when you break that connection, you break us.
Starting point is 01:21:40 And that's what we're seeing. So with that, we're going to do our final rotation. And we're going to jump to Kristen. And I would just have your simple question of the day. Kristen, why are you bullish? I'm going to keep it short and sweet and focused. I am bullish on Bitcoiners, but specifically being Bitcoin only. I think if there was ever a year to spotlight the importance of Bitcoin only, this is it.
Starting point is 01:22:11 Corey Clipson on Twitter has been savage this year, saving life savings for people from the Luna, from Celsius. He's got stacks of letters of people just saying thank you, thank you, thank you. And now we're taking down Citibank. Now, yeah, now we're just going to take down the banksters. Don't worry about it. We just point Corey at the things we want to destroy and watch him go. But it's just it really, yes, I was already Bitcoin only.
Starting point is 01:22:45 Great, great, great. But this was the year where it all sunk in so much deeper for me. It's why we as a company launched Pacific Bitcoin was to really create an environment where Bitcoiners could come together without the distractions and new people could come into the fold in a safe environment where they're not going to be misled, where they're not going to be, you know, have their money get stolen or ponzied from them. And I'm just so excited, A, that, you know, Swan was created as a refuge, really, for Bitcoiners. I know when I came over to Swan as a customer before I conned them into hiring me and the reason why.
Starting point is 01:23:32 was I wanted to get off Coinbase, right? All of us were looking for like, hello, like, we don't even want to be on Coinbase, but like where else could we go? And the minute that Swan opened its doors, I went running in. I, of course, had already read Jan Pritzker's book, Inventing Bitcoin, which is one of my favorite, favorite, favorite Bitcoin books. And so I came running over to Swan. And so, you know, the whole ethos behind the company is being Bitcoin only, the whole ethos behind the event, is Bitcoin only. And what I hope is that this is the year that more and more people really came to that, came to that realization for themselves and that we all really stay committed to sharing that message with more people and protecting more people by creating a Bitcoin only
Starting point is 01:24:21 world. Ideally, is that possible? Is that day coming? Yes. And so, you know, for me, the first Bitcoin conference that I went to was in San Francisco in 2019. And I wandered around. I decided to go the night before. I told my husband, like, watch our kiddo. Grabbed a backpack. You know, hopped on a flight and was really nervous. If you don't know, I'm like pretty actually socially awkward and introverted.
Starting point is 01:24:47 And so I was like wandering around like old lady by herself at a Bitcoin conference, sat down and just chatted with as many people as I could and absolutely could not believe. believe how smart everybody was. I know we all say that, but it's like you just can't overestimate how fucking smart Bitcoiners are. And it just didn't matter who I tapped and who I sat down with. And there were some young, you know, 20 somethings that I was sitting at a picnic table with. And they were like, when did you get in? And well, you know, Bitcoin went all the way down to 3,000. How did you not sell? And I was like, have you met anybody at this conference, pro? I don't know who you're talking to, but like if you want to get bullish, if you want to get convicted,
Starting point is 01:25:35 come to a, look, it doesn't have to be the Pacific Bitcoin conference, but come to a live event or conference because you're going to create those friendships, you know, for me that has now turned into getting to work in the community. My husband now works in the community. Like you can become so much more deeply steeped with friendships, with support, and with jobs, or investors for your business. Like that's the magic that can happen when we come together. And I think the more of us that can do that in a Bitcoin-only environment to protect the new people who are coming in, you know,
Starting point is 01:26:09 that's what I'm really bullish about. I was absolutely just so impressed by what Corey single-handedly accomplished. And I know other people joined in, but just watching how hard he went to protect people, you know, if we can all keep doing that as a community, 10 years down the road, we will have made a really phenomenal impact, not just in our own lives, but in so many, that ripple effect is just honestly hard to calculate.
Starting point is 01:26:35 Yeah. Damn. That makes me so excited. Right. I love it. Let's go. There, yeah. That's my girl.
Starting point is 01:26:44 There's quality, quality people out there. I'm going to defer to everybody else to dive in first. Maybe, again, maybe I'll jump to Brady first. Do you want to have anything to add to what Kristen was saying there? She said it perfectly. And I just love Kristen's enthusiasm and energy. It's been a huge part of keeping me going this year, to be honest. And she has put together this entire conference, really.
Starting point is 01:27:19 I mean, I did the programming, but she's led everything else, which is a lot. a lot. So just massive props to Kristen. She's a total baller, total all-star. And I think you're exactly right. I will just say real quick that I was at Bitcoin 2019 as well. And we probably passed each other at some point. Yeah.
Starting point is 01:27:47 But it was what kicked off my career. I went to a beef steak on the top of Christian Carreless house, C.K. from Bitcoin Magazine, his building out a roof on the top. We had a barbecue. It was like 40 people. So it was like a tiny little beefsteak, which is great. I met Max and Stacey there. I met Breedlove there. And that Pierre and Bittstein and Odell and Marty and so many others. And that event, the rest of the week that I networked with all of those guys, ended up with, you know, eventually with me getting the opportunity to work on Swan from the early days. And that's huge.
Starting point is 01:28:29 So if you're on the fence, especially if you're in the Southern California area, you don't have to get a flight in a hotel or something, like this is a no-brainer. It's going to be the attendee list and the speaker list. I mean, it's just packed with people from the industry. And you will be able to make a career for yourself with the contacts you make at that event. And likewise with any Bitcoin event. That's what Chris was trying to say.
Starting point is 01:28:54 But the next one that's coming in two weeks is specific good coin. So that's your opportunity. It's going to be a good one. And it might just get you into the industry, change your career. I am a pagillion times percent more satisfied with my job now than I was before Swan. So it's just really fulfilling to be on the mission 24-7. Yeah. You know, as Alex would say.
Starting point is 01:29:20 I got to echo what you said there. So you guys are talking about, again, Bitcoin 2019. Again, kind of like depths of bear market, although we were getting a spike at the time, but nobody who bought tickets for that event knew there was going to be a little spike in price on that weekend. Nonetheless, like the people that you met, like I think I met you, Brady, for the first time there. You had little stickers for your citizen Bitcoin podcast. Citizen Bitcoin, yep. Right.
Starting point is 01:29:47 I met Guy Swan for the first time there. At that point, it was crypto economy. Yeah, the crypto economy. The last minute guy, and this is just like so him since I've gotten to know him, just he like messaged me the day before the conference. He's like, I'm coming. I'm coming. Can I stay with you? Where are you staying? I need a place to stay. So we had this tiny, I had a friend with me to go with me and we had this tiny little Airbnb. It was like one room and a bathroom.
Starting point is 01:30:16 but it was somewhere somewhat close to the venue. And so he called this dude and got like a little cot. And it was just completely packed. That was about it. It was like a bed, a couch, and a cot. And so that was when I first hung out with Guy. It was just those two days. So great.
Starting point is 01:30:33 What a great dude. Yeah. It was wild because it was the first time. It was also actually the first time I met Corey. And I don't think he remembers this. But he was there and he was talking to a lot of people. Swan was like a twinkle in his eye. That's right.
Starting point is 01:30:49 He was doing it was give Bitcoin. It was give Bitcoin. And so, sorry, my camera's being cravy right now, but I'll keep talking anyways. So he, he was asking different people's opinions on like, you know, what are you looking for? What do you need? Everything. And this was definitely the first conference where there was a prevalence of Bitcoin only sentiment there. you know, obviously you're going to, you're going to encounter some, some shit coinery going on.
Starting point is 01:31:20 But like there was a very focused like in terms of the vast majority of people in attendance were very Bitcoin only. And the conversation that I had with him, it was him, myself and Francis Pouliott all standing on the rooftop. And Corey was just, you know, just tossing out questions about like, you know, what are you looking for? What do you want on a Bitcoin? He was talking about give Bitcoin. but he was just like trying to like take in as much information as possible. So it was really cool to like see that moment to like where Swan is now. And there's plenty of other again like crazy meetings of people that have gone on to to form their entire Bitcoin careers just from interacting with people in in person.
Starting point is 01:32:07 And I think it can't be understated. Everybody's always like I want to I want to work in Bitcoin. want to do something in Bitcoin. Get your ass out and meet other Bitcoin. Seriously. This is how you do it. Yeah. Yeah.
Starting point is 01:32:21 Well, he was doing that while Corey was wandering around that conference, I was wandering around doing the same thing, asking like, okay, marketing and live events. And people are like, hmm, like this is kind of it. And I just interviewed as many people as I could. And one of the people I met is Kelly Weaver, who owns Melrose PR, who does PR for swan. Again, like that's weird, these seeds that got planted, you know, three years, however many years ago, don't ask me to do math on a live stream, come back. And so we see all the time at events, people come up to those of us who work at Swan and say, like, how do I get a job at Swan?
Starting point is 01:33:00 And it's like, you got to go out and build those connections and relationships, whether it's one or somewhere else. You just have no idea the seed that you're going to plant that's going to blossom into something huge for you. Yeah. Absolutely. I want to get John's thought on, on Kristen's topic as well before we start to kind of round out. But, yeah, John, your thoughts. Yeah, I think, so one thing that comes to mind is how, like, yeah, we've been so focused on Bitcoin only being the thing.
Starting point is 01:33:39 And I think a lot of times we, in a Bitcoin community, we get pretty much get a little bit of ahead of ourselves because we realize Bitcoin is the thing. It is what works. It is what's best. And it is the future. Yeah.
Starting point is 01:34:01 Sorry, Yellow says something I had to bring it up. But anyway, continue. I love you too, Yellow. So, but, and so in some of the conversations I've been having with Kori,
Starting point is 01:34:15 recently, he's kind of been talking about this idea of like, well, now, so now we've established that, you know, Bitcoin only is a thing. We also want to highlight the fact that Bitcoin is fucking cool. Like, it's providing, since it is that revolutionary technology that's bringing humanity to It's also going to bring, it's going to attract the highest quality of human civilization to it. So that's something that I'm really excited about. And, you know, especially around this conference, something that we're trying to, since L.A. is such a prime cultural hub, like it or not for Western civilization. like it's a very powerful opportunity that we have to bring bitcoin into l a in a very you know demonstrative way and and kind of be that city on a hill for for all of the
Starting point is 01:35:23 all western culture to see yeah couldn't have said it better the city on the hill um yeah it's uh again i i think it it sets high standards for people to rise to. And it brings together kind of the best of the best. And those that are maybe a little lost can still come to Bitcoin and better themselves because of it. God knows I have, honestly, like getting into this group of people. And again, like calling back to some of the perceived toxicity.
Starting point is 01:36:03 Yeah, I mean, there's people that are just assholes. Well, there's also people that just have a very high standard for truth and being accurate in what you say and what you do. And I think that's a good thing. And while there's disagreements about how to get to our goals, again, all of us have honed in on the same solution. And to call back on, again, some of the themes of this episode, we're all. in the pursuit of truth. And Bitcoin is a truth mechanism. And even if we're wrong, I think at the end of the day, we want to know if we are. And this is how we get there. So if all of us perceive Bitcoin as the solution to our perceived problems with the world, and this is the way through which we're getting there,
Starting point is 01:37:00 we need to encourage people to continue to go down that path. And then at the end of day because Bitcoin is rooted in truth and reality and physics, it will show us the reality. And we will all be better for it. Well, said, man. Right. Oh, we need a group hug. Oh. Yeah.
Starting point is 01:37:24 All right, a couple weeks. Couple weeks. Oh, we're so close. We're so close. Yeah. Well, guys, I'm going to, I'm going to start rounding out here. I think that's a good, good way to kind of, uh, uh, finish up.
Starting point is 01:37:37 But what I like to do at the end of every episode is I like to do a quick round of any final thoughts, anything you feel like you didn't get to say. And a quick challenge, I will say give a recommendation of something that has been helpful in your Bitcoin journey. And this can be literally anything. It could be a podcast, a book, a video, a movie, an app, a device, a device, something, some line of thought that you think people should dive into. It can be just anything that you think is of interest that can help Bitcoiners along
Starting point is 01:38:14 their Bitcoin journey. So I'm going to start off to give you guys seconds to think because I just told you about it right now. That's okay. I got this one. Yeah. So final thoughts, I'm going to say, I love, first of all, I'm very excited for L.A. I'm very excited to be once again.
Starting point is 01:38:35 the company of Bitcoins, and I've been doing it so often that I can't picture not doing it anymore. You get on, again, like you get the last couple of years where maybe it's been more difficult for people to see each other. Granted a year in, I flew to Miami and chilled with like 20,000 people. But nonetheless, you know, you're more segregated. the past couple of years than we previously have been. And now that I'm getting out to more stuff this past year, I've gone to more events than I have in my entire life.
Starting point is 01:39:14 And I wouldn't change a damn thing because every time I'm in the room with other Bitcoiners, it's like a family reunion with people I've never met. And that's the feeling you get it walking into any Bitcoin meetup, even if you're the stranger, your family. And we need more of that. And if you haven't done it yet, I implore you to try, whether it be Pacific Bitcoin or whether it be your local Bitcoin meetup or whether it be there is no local Bitcoin meetup. So you start one and it's just you and some other dude hanging out for coffee or a beer. That's how it starts.
Starting point is 01:39:56 And that's how this thing builds. And that's how we convey our ideas and values and how we grow. So I would just encourage face-to-face in-person connection. It's a beautiful thing. In terms of recommendations, today I'm going to give a little shout out to a wallet that has gotten some cool updates in the last little bit. I've been meaning to cover some of those updates recently. I haven't quite gotten to it.
Starting point is 01:40:28 But I did do a video on it a while bag. It's called Lily Wallet, L-I-L-Y. And it's got a similar feel to something like Spector or Sparrow in that you can have like a hot wallet on your desktop. But you can also import keys for, not keys, but import like your expub for your cold card or your treasor or your ledger or whatever device you're dealing with. And you can also combine them into multi-sig. And they've added features for dealing with lightning as well. So it's really this kind of crazy, all-encompassing thing. There's still, you know, there's a few things missing.
Starting point is 01:41:08 There's a few bugs here and there. But I think the interface is beautiful. And as people contribute and again, submit maybe bug reports on the GitHub and everything, I think that this could be a really, really awesome contender to be up there with the likes of Sparrow Wall and Specter and all of that great stuff. So anyways, check out Lilly, L-I-L-L-Y. If you encounter any troubles, just drop them a line and say,
Starting point is 01:41:38 hey, you found a bug, but, you know, it is a beautiful wallet, and I hope to see it grow and continue to maybe be catapulted into the forefront as potential go-to options. So, yeah, that's where I'll leave it.
Starting point is 01:41:56 Alex, I'll jump to you. Final thoughts, recommendations. Okay, so that's, recommendation right now, I think clearly it's BTC sessions. I mean, this guy has got a YouTube channel that he's done all of these amazing tutorials
Starting point is 01:42:12 on everything. I send clients to their, Swan clients there all the time. So I would highly recommend that. Two other quick thoughts. Number one, reiterating what Brady was saying, Kristen is beautiful on the outside and the inside. She's an amazing asset to
Starting point is 01:42:27 Swan. She does, she's like an army of one. The heavy lifting she's done to make Pacific Bitcoin possible. I don't, honestly, I don't know how she's done that. Thank God. I don't have that job. I'm going to come on this show like all the time. This is amazing.
Starting point is 01:42:43 The last thing, the last thing I'm going to say is that if you can get to an event like Pacific Bitcoin, it does something different. And that thing is you can listen to podcasts. You can read articles. You can watch videos. But human beings are very sensitive to other humans direct immediate energy. And without getting too woo,
Starting point is 01:43:01 woo-woo on you, when you get around a bunch of Bitcoiners, you can feel it. Yes. You can feel it with the, and if you're new, like sometimes people are like, well, I don't know anybody in Bitcoin or I'm afraid I'm going to be alone and not even anybody. Meet anybody. Trust me, go. You will meet some of the kindest, most welcoming people you have ever met in your life. It's awesome. So true.
Starting point is 01:43:23 Absolutely. Love to hear it. We'll jump to Kristen. Any final thoughts, recommendations? Well, I feel like I definitely want to say thank you for all of the kind words. Yeah, working with Alex, the likes of Alex and John and Brady at Swan, absolutely amazing. And echoing what Alex just said, if you want to come to the conference in your alone, like I said, I grabbed a backpack and flew out to San Francisco as a complete introvert, socially awkward human.
Starting point is 01:43:56 And everybody was super welcoming. So just come. We're going to treat you like family. don't sweat it. Absolutely excited to see everybody in person and really connect on that deeper level and get recharged for the next surge forward. That's what I'm looking forward to. A couple of resources.
Starting point is 01:44:16 If you are brand new to Bitcoin, definitely go to swan.com. You can get a digital free copy of Yon Pritzker's inventing Bitcoin. It is the book that I literally recommend to everybody. I have it highlighted. I like read little sections out loud. to my husband to make sure I was understanding it. Like, it is my little Bible of Bitcoin, and it's definitely the perfect place to start. And then definitely buy a real, or actually just come to the conference and get a copy
Starting point is 01:44:43 and get it signed by him, but the digital copy you can get right away for free. So I want to recommend that. And then for those of you who are a little more advanced or you're starting to get into lightning, I just wanted to give a shout out to Ambos. My friend, Christopher has Amboss. It's a great resource for finding nodes and channels. and he, I think he's in the pitch competition. Am I right, Brady?
Starting point is 01:45:04 Ambos is a competition. He's also, Christopher is also on a lighting panel. Yes, yes. So he's in the panel and the pitch competition, which I was so excited about. So I just wanted to give a quick shout out to Amos, great resource for those of you looking to connect with nodes and channels
Starting point is 01:45:19 and grow your lightning channel. Awesome. I love it. I will say, oh, yeah, about the book. Yeah. Yeah. Yeah.
Starting point is 01:45:32 Honestly, that's, it's such a nice, short, concise read. There's something like, and I read it when I felt like I knew Bitcoin pretty well, but there was one little nugget of information in there that, like, I've, I stepped back and go, oh, shit, that explained it so much better for me. I understood the difficulty adjustment and like the, everybody always says, oh, they're solving difficult math problems, miners. And that's definitely not the case. But his explanation of the difficulty adjustment and how it functions and how you're
Starting point is 01:46:07 having to find a number under a certain value with a certain number of leading zeros, which to many listening right now will sound like Greek. But that finally cemented in like, oh, I get what's happening now. So there's honestly, whenever you pick up a new Bitcoin book, there's always some great little tidbits of new information so highly recommend yeah awesome uh john i'm gonna i'm gonna jump to you yellow also said that the crows took over the backyard and he said that the pirate is in trouble
Starting point is 01:46:40 he had to retreat to his quarters and i will say that earlier in the show i just had to get away from their surveillance somebody somebody's earlier in the show said why is this dude dressed as a And I said, because he's a pirate, be more included. Because he's a pirate, bro. Duh. Yeah. We welcome pirates into the Bitcoin community.
Starting point is 01:47:07 Come on. Yeah, what do you have against pirates, man? Seriously. He was obviously rolling, but I personally identify as a pirate. Well, dude. I assume you're dressed as a pirate because it's Halloween weekends. I think that's the obvious reason, right? Yeah, exactly.
Starting point is 01:47:24 Am I right? Really, you know that I just like a pirate every Friday. You have a side gig? I've offended yellow because I sound sounds like Greek and he's Greek. What the fuck, Ben? So, so rude. Sorry, yellow. I apologize, but I also don't understand Greek.
Starting point is 01:47:40 So anyways, I digress. John, final thoughts, recommendations, all yours. Sure, yeah. I guess one final thought is just like, you know, the whole reason, Bitcoin, Bitcoin gives us something to celebrate, right? And that's what all of this is really about. That's what the conference is about. That's what getting together and meeting people is about is actually celebrating something.
Starting point is 01:48:14 And a lot of this celebration that occurs in our current day to day, a lot of it I find kind of meaningless like going to the club, the bars and whatever, the parties are that people throw, a lot of times it just has this sense of like, man, it's just, we're just here and getting drunk for getting drunk, sake, trying to forget about our woes and our troubles. But what's unique about this community is we're actually, you know, participating in something that's having a positive impact on the world. And it's able to align our incentives in a way that is just absolutely insane. And then we can have a fucking blast doing it.
Starting point is 01:49:00 So kind of my final thought. And for those of you who are on the fence about coming to Bitcoin, like coming to Pacific Bitcoin, you know, I saw some of the comments. Some of you guys are looking for jobs. Some of you guys are wanting to get more connected. Like, this is your chance, you know. This is if you want to actually talk to,
Starting point is 01:49:23 but once someone was talking about upstream data, like you got to hire me. If you want to talk to them, come to the conference and actually have a conversation with them and convince them to hire you. This is what it's about. We're trying to connect people. And this is what I see to be the new elite social network of the future. So get on board. And, yeah, I just had to escape the crows to say that because they're going to report everything that I say back to leave.
Starting point is 01:50:03 Yeah. Birds are real, friend. They're all CIA drones. And I'm going to a Halloween party in L.A. tonight. Yeah. Okay, there we go. Don't ruin the illusion that you're a real pirate, man. So I need it.
Starting point is 01:50:19 And finally, I'm going to, I'll rotate last to Brady. I'm very thankful. We've had you for the duration of the show, unless he's frozen. Is he frozen? No, he's there. Is he? I don't say I'm blinking.
Starting point is 01:50:36 He's, he's very stoic. He's, he's very unsure. I hear you. Yeah, I thought he was, sharing me down. Okay. If you can hear me, that's fine. I think my computer is melting down. Two quick things.
Starting point is 01:50:54 One, Swan has an app now. Find in the App Store. Just search Swan, Bitcoin, iOS, and Android. So check it out. Stack some stats. We're excited about that. It's been a long time coming. And secondly, my recommendation is the book of Satoshi.
Starting point is 01:51:10 The book of Satoshi. Way under-recommended and underappreciated amongst Bitcoiners. But it is literally the Bible, if the Bible is the word of God. So the book of Stoche is every single word that Stoci ever wrote and published publicly. And some privately. Actually, there's some private emails in there too that were like from Gavin Andreessen and others. So the book of Satoshi is amazing. You can also get an audible.
Starting point is 01:51:37 And for the first couple of years of my Bitcoin journey, I may or may have not fallen asleep listening to various parts of the book of Stoci every night for like two years. Okay. there's just so much there and if you listen to it over and over there's more and more insight anyway very cool book under recommended i definitely definitely check it up very interesting that's one i i haven't heard before and i know right even ben hasn't heard of it that's how under the radar it is but it's unbelievable yeah i i've i've heard of it but i've never like really decided it like it's 395 pages holy crap yeah well it's all of his forum posts. It's a bunch of emails.
Starting point is 01:52:23 And it's, you know, it's just a lot. There's a lot more out there than you think. And it's, it's cool to hear every word the dude ever published, you know, publicly. And it's, it's just, I think it's a must read. It opens a lot of sort of insights into the way Stoci thought and, and what, you know, what he thought this thing might become. And it's just cool. It's just cool. Sounds like it'd be a good read for Craig Wright. Yeah, yeah, exactly. just like read all his own words.
Starting point is 01:52:51 Get his back straight when people are trolling them on Twitter trying to like get him gotches with Satoshi quote. Did you not read my words from the book of Zatoshi from my Bible? Did you not read that? God, that guy. He can remember when he read it. I mean, wrote it. Yeah.
Starting point is 01:53:11 Yeah. Oh, man. So many good trolls lately. I love, I love it. And hats off to Hodlonaught. Congratulations on your win, sir. I look forward to another in the UK. Yeah.
Starting point is 01:53:23 It's huge. Awesome. Well, everybody, I'm going to say Alex dropped early. I think he was having some issues with his connection or his camera or something like that. But he got in his final thoughts and everything. So I will say thank you to all of you. I really appreciate you being here. I'm very excited to see you all in L.A. coming up in less than two weeks here.
Starting point is 01:53:45 It's going to be a blast. And yeah, I guess I guess. I'll leave it there. Of course, you're all welcome back anytime. Thank you, man. Thanks for having us. Can't wait to see you. Real quick, real quick. Yeah, I hate to do this. I just wanted to say, I forgot to plug my recommendation, which is the Bitcoin or Old Testament, the sovereign individual.
Starting point is 01:54:11 Yes. Essentially what I call it. You know, it's if you want to understand sort of, sort of what yeah what's going on in the world right now and how bitcoin fits into it this is an extremely powerful resource that i read twice in a row um and it's really helped me out a lot so that's all yeah it's uh it honestly one of my favorite reads that i've done um it's it's pretty prescient it was written in the 90s and and like kind of what they foresaw or what they thought would come to pass largely has um there goes brady so just dropping one by one is i think the crickets picked him off the the the crows left john and and picked off Alex it's just a matter
Starting point is 01:55:04 of time a polar bear will get me but nonetheless uh sovereign individual check it out uh Kristen john i appreciate both of you and uh hats off to brady and Alex thank you guys so much and i'll be seeing you soon See you soon. Thank you. See you, buddy. All right, later. All right.
Starting point is 01:55:23 And everybody watching, thank you so much for being here. That was an awesome rip. I had so much fun there. I love the guys at Swan, guys and gals and pirates. I should specify. Can't forget the pirates. It's got to be inclusive here. So yeah, very excited for L.A.
Starting point is 01:55:42 I think it's going to be a blast. If you're going to be down there, shoot me a tweet. let me know. I'm going to be down there. I'm going to be, actually, I'm going to be in L.A. for quite some time. I get down on the 9th and then I'm in L.A. on my own until the 17th. My family's coming down. We're doing a family thing. I'm going to have maybe a few down days afterwards, but I'm basically in L.A. from November 9th to the 27. So if you're in the L.A. area and you're around, particularly, in that first week, you know, the ninth to maybe the 17th. If you're around and you're just chilling even after the conference and you want to
Starting point is 01:56:27 grab a coffee or a beer, let me know, man. I'm around and Bitcoiners are awesome. I love hanging out. So just drop me a line, shoot me a tweet. Of course, I would be remiss again if I didn't say like, again, come on down, Pacific Bitcoin. You can, and again, I'm so terrible about this, but if you use code sessions as you check out, there will be some form of a discount on your ticket. I think it's a good one.
Starting point is 01:56:59 I think you get a decent amount off your ticket. So anyways, if you're, if you were unsure and then this clinched the deal for you, type in sessions as the code, and you will save some amount of dollars. Also, again, I got my workshop going on on the Saturday, November 12th. It goes from 1 to 5 p.m. Yes, it's a four-hour deep dive on the cold card. If you want to just be an expert on your cold card and know the ins and outs and just feel totally secure in your setup, come to it. There are only 15 spots available.
Starting point is 01:57:39 You can grab them on my website, BTCSessions.ca, or there's a direct link to the BTC pay server in the show notes right now. And I said at the beginning of the show, once again, within the 24-hour window of when I started this show, which was about or when I said it, 6.15 p.m. Eastern time for the next 24 hours, if I see any ticket sales come through, you get to bring a friend for free. So if you were kind of unsure prior And maybe there's a couple of people A couple of you that wanted to go Well hey two for one effectively For the next 20 22 hours by now
Starting point is 01:58:22 But anyways BTCSessions.com. There's an events page. Grab them there. I'll finish up here If you want You can have a show by hitting like, subscribe, share Hit up the previously mentioned sponsors Coin kite shake pay lead and bit refill bill Fottle or you can drop me a strike tip
Starting point is 01:58:38 my strike page, a Bitcoin tip, and my strike page, strike.me slash BTC sessions, head there. You don't need strike for it. Type in any amount you want. Hit the tip button. You'll see a regular lightning invoice or if you tap to the right, a Bitcoin QR code. With that, I'm out. Have yourselves a wonderful day or evening wherever you may be. See you guys next time for your daily session.

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