BTC Sessions - WHY ARE WE BULLISH? David Branscum, Aladdin (BTC Cards), Nathan Fitzsimmons (The BTC Mentor) ep451

Episode Date: November 9, 2024

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Transcript
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Starting point is 00:00:41 What is going on? Everybody, welcome to the show. I hope you're all doing really well. What a week. Very excited. It's another Friday. It's another episode of Why Are We Bullish? And what a week to be bullish. Holy shite.
Starting point is 00:00:58 It's been an interesting one. So we've got a great panel. Awesome, awesome guys that we're all going to just get bullish together. And I hope you guys get bullish in the chat, too. It's going to be a fun time. I've got a beverage, a celebratory beverage here this week. Join me. But of course, this is live.
Starting point is 00:01:18 Anything can happen, so I defer to my friend Bill here. We'll do it live. Do it live! I'll write it and we'll do it live! The thing sucks! If you have not already, please do like, subscribe, share all those things they help a ton getting this content in front of more eyeballs. I am Ben with the BTC sessions.
Starting point is 00:01:44 This is your daily session. Before we dive in, let's take a quick look at where we're on the market right now. I'm pulling up timechain calendar.com. Let's do a little switch row here. We're sitting at $76,454 per coin. A single U.S. dollar will snag you 1,308 SATs. And you know what? Because the Canadian moose shekel is underperforming so horribly, I got to highlight the price of that because we're at 106,397, 400, whatever it is.
Starting point is 00:02:39 It doesn't matter. They're not worth anything anyways. But well past 100 grand in the trusty Canadian moose shekel. So take that for what it is. In terms of fees, next block, four sats per byte. So still nice and low there. And in terms of Bitcoin mine, 19.77 million, that's 94.18% of the total supply. We're going to give a quick shout out to our sponsors before we bring in our panel.
Starting point is 00:03:07 We'll see you in just one minute. Bitcoin Well is on a mission to enable independence by being one of the easiest and quickest ways to purchase Bitcoin in Canada and the U.S. And the best part about it, every buy goes direct. directly into your own self-custody, they never hold your coins. You can add a Bitcoin address as part of onboarding. There's a transparent 1% spread, no hidden fees, no withdrawal fees, plus they have KYC free sales and bill payments on their website. They're also a publicly traded company under the ticker BTCW on the TSXV.
Starting point is 00:03:44 Check them out over at Bitcoinwell.com. Check out my full tutorial on how to use them. And you can check out the links in these show notes down below and sign up today. dot com has some of the best hardware on the market today to secure your bitcoin the cold card queue is an absolute powerhouse and is my daily driver and on top of this they have plenty of other goodies including the mark four the tap signer open dimes the block clock and much more if you head over to their website make sure you use code btc sessions at checkout to get a nice discount links are in the show notes down below all right we are back in it's time to bring in our guests and start
Starting point is 00:04:26 getting bullish. So I'm going to welcome to this stage, David O'adden. And Nathan, gentlemen, pleasure to see you all. Thank you for being here. Thank you for joining me and getting bullish. It's a unique week. And I can't wait to see where the conversation leads us. But before we get to that, let's do a quick round of intros so that anybody unfamiliar that's watching can get to know you. So David, I'll toss it to you. Who are you? What do you do? My name is David Branscom. I'm from Texas where the hash rate comes from. We have about 15% of global hash rate estimated in Texas.
Starting point is 00:05:06 I've been in this space for about three years. And I am super excited just to be here. This is a rare time for Bitcoin right now. So super effing bullish. Let's go. Hell yeah. I love to hear it. Aladdin.
Starting point is 00:05:23 You're up next. Good to have you back, man. Give yourself a quick intro. Thank you, brother. I'm Aladdin. I'm the founder of Bitcoin trading cards. Just trying to do everything I can to bring Bitcoin adoption to as many normies as possible. Doing our part, everyone else focusing on bringing in the big money, which is amazing. I'm focused on hopefully bringing in as many mom and pops as possible. Hell yeah. I've got my collection on my shelf over here. I've got my own, I was honored to be on a card.
Starting point is 00:05:58 That was a lifelong. I was an internalized dream of mine to be on a card at some point. And now it's a reality. So thanks for that. A lot more coming. The second edition of Sessions is going to be next level. That's awesome. All right, we'll toss it to Nathan.
Starting point is 00:06:18 Dude, good to see you, of course. Welcome to the show. let people know who you are who you are and what you do thank you so much ben so i'm nathan fitzsimmons i'm one of the mentors with a bitcoin mentor and i'm uh i'm helping people with the the how to of the side of bitcoin hell yeah and uh i you know what fuck it we're gonna we're gonna we're gonna we're gonna drop some sauce here uh we're gonna we're gonna uh let people know what what's going on There's going to be some additions and some changes to this channel in the coming few months here. And I've been working closely with Nathan with Bitcoin Mentor, and he's been fucking killing it over there.
Starting point is 00:07:05 And I'm going to tell a quick little story here. But when we put out the word for Bitcoin Mentor, which is our company where we do one-on-ones and educate people and help people with their customers. custody and all that kind of stuff. We asked for video submissions. And Nathan, if I'm not mistaken, yours, you literally, like, took the format of, of, like, a tutorial. And you're like, I can't remember what the title screens, but it was like prerequisites. Here's what you're going to need to know to hire me for this job. Like, all of them. Everything nicely. Prerequisites. I made sure to have my S-9 right there on the table, had a nice big steak, so I had energy, everything I needed to book by an Austrian. Like, I was good to go.
Starting point is 00:07:50 even matched the font. I was that detailed on it. You did. You did. I really noticed that. So the long and the short of it is I've been a one-man show for eight years. You know, I started just this year adding some people in the background. But also, I need some help with content because one of the questions I commonly got asked early on was, while you're doing Bitcoin tutorials, aren't you going to run out of shit to cover? And the exact opposite has happened. list of stuff to cover and try and teach people about is growing at a pace that far exceeds my ability to cover it. And so I've asked Nathan to join in the on-screen talent for BTC sessions, and he will be learning the ropes in the coming months. You'll start to see him here and there
Starting point is 00:08:41 on the shows, and eventually he'll also be educating through tutorials, doing some of his own content, and doing a mix of co-hosting or standing in if I'm out of town or whatever. So take a snapshot of that face. You're going to see a little bit more of it soon, but very happy to have them. So, Nathan, thanks for being here. It's unbelievably exciting to do it, and I'm so happy to continue doing more and more in the Bitcoin space. And I am really looking forward to it. It's going to be a good time.
Starting point is 00:09:15 You've even won the approval of somebody named skeptic. says Nathan looks adorable. So I appreciate that. So Sessions has his own opti now. Somebody let the guy take a vacation for once. Yeah, yeah, the first time in eight years. So we'll see. But yeah, so gentlemen, this is a hell of a week.
Starting point is 00:09:41 We're going to dive into it. We're going to get bullish. Anybody watching that's unfamiliar, of course. we're all bullish for various reasons, and that's the format of the show. Each of us has something in particular or some angle of why we're bullish. And so the flow of the show, very simple.
Starting point is 00:09:58 Somebody's going to drop a reason why they're bullish. That's their chance to rant and get off their chest, whatever they're excited about. Number two, altogether, we're going to riff on that reason, comments, questions, whatever rabbit holes would go down. And then number three, we're going to rotate to the next person until we've all had a term. So nice and easy reason, riff, rotate.
Starting point is 00:10:15 And so I'm going to kick us off here, really quick. I am obviously very bullish. This week has been insane. What started as a, oh, there's somebody, you know, there's third party candidates talking about Bitcoin. There's kind of lower tier politicians that are starting to pay attention that may be favorable and be helpful, uh, turn.
Starting point is 00:10:47 into holy crap like a somebody that was previously the president of the united states and is running again could be in the white house and be favorable and and friendly to bitcoin turned into we have our first outwardly bitcoin friendly and like actually like like fully uh you know partaking in in the ecosystem this president that is getting inaugurated in January. And that's, that's wild. And so,
Starting point is 00:11:23 um, why I'm bullish and I, I, I'm always cautious in and around politicians, of course, uh, you have to be, you know,
Starting point is 00:11:32 politicians can say things and maybe not come through and there's, there's a lot of stuff around that. But, but more than that, politicians are transient. There's always going to be new people that come through office. And so, it's a temporary thing.
Starting point is 00:11:49 But the way that I'm looking at this is for all intents and purposes, we have managed to buy ourselves four years to build and make ourselves more resilient. Because at some point, it's very possible, if not likely, that there's going to be, once again, an antagonistic person in office that may want to take away some of the things that we gained over these four years. And so the way I'm looking at this is we cannot squander this time. And again, this is, it's going to come off as dreary, but I don't mean it that way because I think that this time that we've gotten, it's a gift. But we really can't. cannot squander it. We can't be complacent. We're not out of the woods yet. We need to be in a place
Starting point is 00:12:51 where we build things that are robust enough that you can't fuck with it. And so I think that we bought some time to build, learn, and educate. And so some of the realms that I think are very important is number one, we want people to be educated in and around the best practices, but also why Bitcoin? Why specifically Bitcoin? Because you better believe that there's going to be a shit coin extravagancea over the next four years, right? Like, it's going to be, it's going to make the ICO bubble look like, you know, like, I don't know, it's going to look like a raffle at the fair compared to. Like, it's going to blow stuff out of the water.
Starting point is 00:13:45 There's going to be a lot of degenerate. When you have, you know, sitting presidents and their family and everything that are making tokens and doing NFTs and stuff, that's going to legitimize it to a point. And so we have to help people understand that those things are very, very different from Bitcoin. And I think like a lot of Bitcoiners have been doing a pretty good job of trying to point people down the right paths as this shapes up. But it's got our work cut out for us for sure. In terms of things to build and try and make sure that people get their heads around, making sure that people do best practices and take self-custody. Because this is the lesson that never seems to be learned because there's always new people coming into the space.
Starting point is 00:14:34 and people always think that the space has matured. And because an exchange is bigger than all the other ones before it, it must be more secure and more mature. And that's never the case. So we need to be advising people how to actually secure things themselves and what the tools are, what's available. Beyond that, I think that there's a bunch of things that are going the right direction that,
Starting point is 00:15:02 that I think we just really need to hunker down. And if we ourselves can't build them, we can at least learn about them and teach others about them and help people get down that path. But easy self-custody and security, and for those of our family members that maybe are not super technical,
Starting point is 00:15:25 like the family members of ours that maybe just don't even have a cell phone, then we can Uncle Jim them, right? Like, we can, we can step in and be helpful in that sense rather than pushing them to, you know, like the next FTX. So there's that. I'm seeing very positive things about scaling and keeping Bitcoin accessible to the masses. Obviously, lightning has come leaps and bounds, even since the last bull run.
Starting point is 00:15:52 But, like, I mean, since I first tinkered with it in 2018, I mean, it's a whole different ballgame. It's so much more accessible now. And I'm not talking about just like custodial option. I'm talking about like you can run your own stuff on a mobile phone and and pretty easily actually full self-custody with lightning. There's also interesting things like fetti and liquid and cashew and new things like arc and state chains. And so there's a lot going on trying to keep Bitcoin accessible to the masses, some with tradeoffs. So we need to be cognizant of that. but at least allowing people to access Bitcoin in a way where hopefully you mitigate those risks
Starting point is 00:16:35 and you can still save in on-chain and things like that for the time being and so on and so forth. And then the other big one is privacy. And so this has been majorly under attack this year. The previous administration is just going all out. You know, we've got devs being arrested and tried. It's not been great. But with that, we've also seen kind of Bitcoin
Starting point is 00:17:03 move from its Napster moment where you can point and say, shut it down to like a whack-a-mole kind of bit-torrent style thing where it's like, hey, there's a new coin joint coordinator and hey, somebody forked samurai wallet and booted it up again.
Starting point is 00:17:19 Like there's all these different things are happening and they're doing it in a more conscientious, anonymous way. So it's really hard to say stop it. Well, who are you talking to? So that is making me very, very excited. And the last thing that I'll say is all these tools are great. But if you don't have a way to use your Bitcoin in the face of top-down pressures, then you're kind of screwed. And so being able to peer-to-peer exchange to local currency is very, very important finding roads to do that. But also local circular economies. And this is
Starting point is 00:17:55 something that I've been very excited about and building in my city, well, mine and Nathan's city of Calgary. We're doing the sat market. And so we do this a couple times a year and we get together all the bitcoins in the area. And there's farmers and tradesmen and artists and all kinds of different people offering different things. And you can go to the market and you can get your beef and your dairy. And you can also get a haircut and hire a personal trainer and get your roof done. get the Bitcoin plumber to come over when your kids shove something down the toilet. So there's like, we're building this out where it's really hard to shut that down. It's really difficult for somebody to come and say, you're not allowed to do that when you
Starting point is 00:18:38 just know the people. And who's to say that I did or did not exchange SaaS for somebody to come over and tell me to keep my form really well on my bench press, right? So I, this is, these are the things that I think we need to focus on. we need to build out. But I'm bullish because we now have time to do this. And I'm confident that Bitcoiners and people in the space are not going to let this time be wasted. The builders are building.
Starting point is 00:19:11 The educators are educating and the newcomers are in good hands. So that's why I'm bullish. So gentlemen, wherever you want to dive in there, whatever threads you want to tug on, have at her. Go for a guy. somebody jump in man that was that was an awful lot there yeah i kind of got a i have taken notes because like i mean my mind starts going at every single point you said right but like so so let's go all the way maybe back to the beginning one maybe because that's the only one i remember no but like it's it's not a matter of if right but when and we say that about
Starting point is 00:19:49 Bitcoin adoption, but that's also the case about another politician or government coming to attack, right? So it's been, it's felt really challenging for a while because of, you know, you've got the crypto army, you've got negative stuff out of the current, yeah, of the administration in the U.S. You know, you've got, I mean, Europe is ridiculous. You guys are in Canada. I mean, we had the whole truckers thing, you know, it's like it's, it's been one thing. thing after another, right? One thing after another. So it's, but I got bit by the bug, man, I guess I got into it kind of maybe early 20, 22, right? So I'm still kind of fresh to this, right? Or maybe late 21 actually is probably a little bit better. But like watching it,
Starting point is 00:20:42 having to stay with it and work during a, that bare market as it goes down, still, believing in Bitcoin, still understanding now that you know the fundamentals, still dedicated to it. All I thought that entire time was I just, I got to keep stacking, right? Like I got to keep building. I got to keep bringing value to something somewhere and just move as much of that. I need those stats stack every day, right? And it was odd, even coming out of it where we are now, I still feel like. like, man, I just didn't do enough.
Starting point is 00:21:21 I didn't stack enough, right? I didn't build enough. I didn't do this. And something I, that drew me to this originally was the hardware and the building side of it, right? Like I came in through the mining industry. So it's all about hardware. It's all about proof of work. It's all about energy.
Starting point is 00:21:38 And it's that energy and people don't realize that a lot of the things that you talk about, right, knowledge, an understanding of where we're at in this world, information, all of that is plentiful and bountiful. And we just have a distribution problem. Right. So you have people putting gates on these things, energy, information, freedom of speech, ideas, thoughts. It's felt like it's just been nonstop blockade after blockade after blockade. Right. So what I am so bullish about and so excited about is that all of this building the Bitcoiners have been doing, all of this stacking, right? Eventually, all that hard work leads to something big, something great, something positive. And you're exactly right. It seems like, you know, if you go by Bitcoin Twitter, it feels like it kind of crunched down, but you had this core group.
Starting point is 00:22:46 of people during the bear market that you just leaned on and you grew closer as a community. Your first Sats market, Ben, was like a year ago-ish. It would have been, yeah, Christmas of 2023. Yeah, and I think that's right when I kind of started discovering your videos and saw that tweet and I was like, this is something I can get behind, right? Like, this is, we feel so shut down and controlled. and this is our way of taking it back. And so what I'm so bullish about right now is it feels like the world has had enough,
Starting point is 00:23:24 not just in Bitcoin, but in everything, all of the cutoffs, all the gates, everything. And we're taking it back, right? Like no, no, no. The money's mine, my value and my energy and my time is mine. I'm taking it back with Bitcoin. The food is mine. I have to eat it. I have to live it.
Starting point is 00:23:43 I have to beat my family. with it nutrition is important we're going to take it back right i want my freedom of speech it's very important to me code is speech you can't you know shut us down i should be able to make some you know between ross and uh samurai and you know all that stuff it's like okay sure everything has to be figured out right everything has to find its way but you can't just arbitrarily shut me down and say no so and that is very prolific in the bitcoin community but what's so bullish right now is that it feels like the rest of the world is starting to reembrace and bring back, whether you want to call it a turning or whatever else, right?
Starting point is 00:24:26 They're starting to embrace that, bring it back, taking more responsibility, accountability, and willing to put in the work and say, listen, you know, I let somebody else do the work for me for so long, and I looked up and didn't recognize where I was, didn't recognize my life, who I was, what I was doing. I didn't like it. And so that's how I felt when I first really started studying and discovered Bitcoin, and it made my life better and my outlook better. Now it feels like it's not just, and when you're doing that in a small group, you're encouraged, but you're like, man, we're so alone, you know.
Starting point is 00:25:04 It's like the beans online. It's like we're at the party. Everybody's dancing and we're the bitcoiner in the corner going like, they don't know what's at, you know, or whatever. It's like, but now it feels like. that circle's getting bigger. And it's a positive thing for many directions. Obviously, it's encouraging as well. But even just that, even though we don't want to say it all the time, just that little bit of, I told you so, you know, that confidence that it gives us, it's like,
Starting point is 00:25:31 man, the decisions I was making and all that hard work I was putting in and all the, you know, good morning tweets, you know, builds on Bitcoin today, GFY, Orange Heart, you know, all that stuff, right? like it's finally starting it feels like it's starting to pay off and some of those people i i understand getting frustrated you know that the normies are coming out and people are you know it's like oh well you know meme coin it's oh what should i buy you know whatever but at the same time i'm like finally that conversation line is open with the people our friends and our family around us that we can um have that open conversation about and explain to them right so um you have you have have people coming for education, you have people waking up and ready to go, people willing to
Starting point is 00:26:19 take accountability and put in the work, you have people like you guys that are, you know, putting together education, make it easier for these people to pick this stuff up. And all of those things come together, just everything starts to feel like it's working. And so all of that, the time you felt like you were building right for nothing, all of a sudden it starts to make sense. and between Argentina, some cool things happening in Europe, right? And it's time for Canada, by the way, we got four years. It's time for Canada. So all of these things, if we can push in the U.S.
Starting point is 00:26:57 And we can continue to push back against that stuff, then it's just going to spread. And that's what I'm so excited about because that's when really amazing, amazing things happen, huge leaps in mankind. happen in innovations everything so yeah 100% Aladdin I'm I'm curious to get your thoughts as well like do you think that uh we've got us got it in us to um to to make the most out of these next four years and what do you think we should be focusing on like what are what are your thoughts here so what I've seen in my lifetime is is how pop culture really controls so much of where humanity goes. And at the end of the day, it's marketing, right? It's propaganda. And they put out enough propaganda and they get you to wear a mask when you're driving in a car or jogging. This
Starting point is 00:27:49 propaganda is massive and man does it work. So there's good propaganda. Grandmother's place. You're wearing it in your car by yourself. Yes. The number the trail of grandmothers behind in your exhaust is just. Exactly. There's good propaganda and there's bad propaganda. And it all just comes down to marketing and who can market the best. And what does Bitcoin need, in my opinion, living and breathing this solidly the last four years. But I've been around since 2016. And I've seen one of the biggest hurdles we have as a community, as Bitcoiners trying to really get this adoption to take place, is marketing at the end of the day.
Starting point is 00:28:31 And as bitcoinsers were based and we don't want to have to accept that we're going to have to jump into that. Well, I'm really bullish on what you were talking about, this new administration. I mean, for whatever you want to say about Trump, the guy can market. He's got a hell of a voice. And he is now going to be the next president of the United States. And as long as he sticks to even 20% of his word, he's going to be marketing the shit out of Bitcoin. That is going to start to click into people's mind. and any publicity is good publicity, whether people like that or not.
Starting point is 00:29:05 So the more that people talk about it, whether it's the communist news networks or whatever it ends up coming out, they're going to be talking about Bitcoin. And this is going to start to get in more and more people's minds. So I think Caitlin Long, C.J. Wilson, a lot of these guys that were pushing this thing for years, what they're showing with the success that we just had is there's an amazing opportunity for people that want to get out there and help on this marketing bandwagon, get involved and really start to push this adoption, not just the United States, but in countries all over the world.
Starting point is 00:29:43 So mad props to all the people that have been pushing boots on the ground doing this, Samson Mao. I mean, we've got an amazing group of people, and the coolest thing about what they've done is they're giving inspiration to new people that can jump out and start doing the same thing and push it further. So marketing, I think this is going to be the biggest marketing push that Bitcoin will ever have. And like you said, it's four years. Who the hell knows what can happen?
Starting point is 00:30:10 Anything can happen in four years. Everybody take advantage of this and talk to as many people as you can. We are all the marketing team for Bitcoin. And once everyone accepts that, it's on. Exactly. My next thing was going to be just as we are all Satoshi, except Craig Wright. We are all the Bitcoin marketing team. Absolutely.
Starting point is 00:30:31 Well said. Can I ask Aladdin something real quick? I want to ask someone said something to me the other day that just blew me away, a very simple statement. They said Bitcoin is the only innovation that Bitcoin is the only innovation really in most of history that self-finances. Right. I want you to kind of think about that. Right.
Starting point is 00:30:52 Like so many of you, people in Bitcoin that are, you know, they're in Bitcoin, but they're producing maybe some like the education side, the cards that you're doing, right, the trading cards, the knowledge, right? They're just people that found Bitcoin. It changed their life. And now they finally have a means to pursue whatever it is they're passionate about. Do you find that statement to be true, especially I'm curious about your personal experience? Yeah, I read Shawmary's book to my daughter every night. And one of the things I love about it the most is how he compares the wheel to Bitcoin and how we don't know who invented Bitcoin and we don't know who invented the wheel. And the wheel self-funded. It's something that anyone can build on, anyone can create with just like Bitcoin. And I don't think there's much of anything else in the entire world like that, that anyone has the opportunity. opportunity to put your thinking cap on, get creative, and work inside this space. So yeah, Bitcoin self-funding itself is the most remarkable part about all of this, because
Starting point is 00:32:05 it does the most important thing that humanity needs right now, and that's personal responsibility. It puts that personal responsibility back in every human being's hands. That is the biggest, most important thing we can do. You want to teach your kids anything amazing. them personal responsibility and they will fly in life. They can be rocket scientists that don't know personal responsibility. And at the end of the day, I'll say it about my own kids. If they were a rocket scientist and they didn't understand that, they'd be DVs. Sorry. Nathan, I'm going to toss it to you. What's what? Brain dump. Go ahead. Yeah. No. So you're
Starting point is 00:32:48 absolutely right. We got four years and we have to make the most of it. And the thing that I was thinking about is like, guys, realistically, like, we're 764 right now. We got a president-elect talking about Bitcoin. Ross's freedom is on the horizon. We're fucking winning right now. But don't let that complacency. Like, don't let that victory make us weak. We got to keep going, keep pushing, make the most of the time that we have here.
Starting point is 00:33:14 And, you know, I was having conversations with Dante Cook and Selle this week. And they both kind of hit on the same thing. Like, you've got to be the one to do it. everybody has something to contribute. So don't think for one second just because you can't write code, you can't audit code because you can't maybe do the technical education at this point in time, that you don't have a role to play and you don't have something to contribute to Bitcoin. No matter what you do, if you're part of this team, if you're part of this network,
Starting point is 00:33:39 you've got something that you can offer, whether it's just be showing your buddy and really encouraging him like, hey, a hot wallet is better than an exchange. Let's just get that off of fucking Coinbase, right? let's just pull that back towards us. Maybe you got a neighbor who needs help paint in the garage. You'd be like, yeah, I'll do it for a couple sats, right? We all have skills, services, products, chairs in our house that we don't need. We got stuff that we can sell for sats.
Starting point is 00:34:04 We got services that we can sell for sats. And every time one person does that, it brings up the entire value of the network. Because now we have more marketable goods that are being compared to this item. We have more things that can trade for Bitcoin, just like the sats market we've got here. So my main takeaway is like, yes, we got them on the ropes. Things are looking good for us. Do not let this moment make you compliant. Do not sit back.
Starting point is 00:34:28 Go harder. Foot down for the throat. Like we are a hydra and there's a million different avenues that we can attack this from. And everybody, every single person's got at least something tangible, experience, skills. They got something that they can trade or add to Bitcoin. And it's on all of us to do that. Because even if they don't accept it, even to say, no, I'm not going to pay you sats to mow my lawn. You've added that idea.
Starting point is 00:34:55 You've shown that there are people that are willing to accept it and you've strengthened the network. So that's what I think on it. Like we've got the momentum. Let's just keep going at every possible avenue. Yeah. As soon as you let up, you're going to lose ground. And so, again, the general message is be excited, but be driven. Yes.
Starting point is 00:35:15 Yeah. And I'm going to get. have one final show before we do a rotation here, but in and around the sap market. So there's unbeknownst to the people in the YouTube chat, the Noster chat on Zapp.Stream is also going here. And of course, if you're on Noster, then I encourage you to go and follow the page for the Sat Market over on Noster. So you can find it at BTC Satmarket at
Starting point is 00:35:49 getalb.com. That's the Nipo 5. But if you have your phone handy and you want to just scan there is the profile for it. The NPUB, you can just scan that and yeah, and follow on Noster. If you are not on Nostr yet,
Starting point is 00:36:05 then what are you doing? But in the meantime, you can follow on X. There's a Twitter handle that is at BTC SAT Market and you'll find the same info there. But we're going to be updated on that. Even if you're not in Calgary, even if you can't make it to Calgary for the sat market, I encourage you to follow and kind of see what we're up to, especially
Starting point is 00:36:27 over the next year. We really want to build it out. And I think we're planning on making a bit of a blueprint for other people, especially people that are in cities, because it can be a little tricky. it can be a little tricky in implementing in a city trying to get a circular market going because oftentimes these cities are so big that you may have a lot of Bitcoiners in and around the city but like it's you're so far apart and it's difficult to kind of know who's where and like drive across and see people and find their businesses and everything
Starting point is 00:37:06 and so I think we're on the right path to build out you know it's It's like a citadel within a city. Like we've got a Bitcoin citadel that is invisible to the naked eye, but it exists because we have a community. And we have our social connections and our social graph there in front of us. And we can reach out to each other and support each other locally, whereas the Fiat people don't know what's up yet. And so we're educating them too. But come, join us. But with that, we're going to do a rotation.
Starting point is 00:37:41 I'll put a bow on this topic. Thank you, gentlemen, for indulging me in my long-winded rant. So we're going to do a quick rotation. Before we do that, I'm just going to give a momentary shout out to one of our other show sponsors. And then we will be right back in. And David, I'm coming to you next. So we'll be up to David in about 30 seconds here. So we'll see you guys in a second.
Starting point is 00:38:08 Keeper is a fully open-source Bitcoin app created to help you stack Sat's long term. Easily use your hardware devices or assistic keys to create multi-sig wallets and plan your inheritance. Head over to Bitcoinkeeper.app to download the app and use code BTC Sessions 30 to get a 30% discount on your first subscription. All right, we are back in. David, I'm tossing it to you. Same question everybody gets. Why are you bullish? Why am I bullish?
Starting point is 00:38:43 I'm bullish because we're in a bullish. we're in a bull run and we're not. Like, if you have been, you know, if you're committed and you've been, you know, you've been dollar cost averaging, you've been whatever, it's like, you should be way up, right? I love, what is it, Wicked Smart Bitcoin, right, on Twitter and all the animations he does and stuff like that.
Starting point is 00:39:11 And he was, he has this great one where he's talking about DCA and like where it's And he's like, no matter, we hit a point not too long ago, maybe even a month and a half ago before the new all-time high. And he was like, anybody who's been DCAing in Bitcoin under any circumstance at all is positive right now. Right. So even if you, you know, came in at the top, right? If you've been DCA and we bounce low enough, long enough to, we're there now. And so we're, and being in the mining side, I'm a, I'm about. about infrastructure, energy costs, you know, I check hash rate, I check mining, minor prices,
Starting point is 00:39:52 energy costs, infrastructure, all this stuff. And there's this drag right now, right? But it starts out where people are, they kind of got over leveraged and they weren't very smart when things went crazy, right? Which also keep your head, okay? If you're new, keep your head, right? Be careful because it's about to get exciting and fun. But watching this, stuff, there's been this drag and it's like the prices come down and down and down and down and down. And then the bear market was actually my favorite time because it was easy to build, right? There was plenty of resources out there. You were looking for people, you know, people were easy to find.
Starting point is 00:40:33 They were needing projects to work on, right? The hash rate, super bullish on the hash rate. If you look at, go to like luxor.combe, right, or Bitbo, right, and take a look at the hash rate. you can see it, yeah, it did trickle down a little bit, but we have been building like crazy in the bear market. When Bitcoin was just up to maybe 35, 40, right, our hash rate wasn't going down anymore. Like it was already building. And we're at about, I don't know what the, I haven't checked today, but I mean, we're close to 800, you know, X a hash on the network when two years ago we were at like maybe four to half, right? And that's with Bitcoin price down.
Starting point is 00:41:18 So what that tells me is more and more people are becoming Bitcoiners. Hardware energy, you know, technicians, right, people that work with their hands are starting to understand Bitcoin and starting to realize what it's about. And they're starting to see that, whoa, this is a way for me to take my energy and my time back, right? They're starting to learn about fiat currency and the debasement, right? They're starting to put these puzzle pieces together. And so watching it as the hash rate grow faster for a while than the Bitcoin price was accelerate was coming up just tells me there is a huge movement globally that is just, people are just, they're betting on it, right?
Starting point is 00:42:08 They're realizing what I realized when I was orange pill that if I'm saving, in dollars, there's a hundred percent chance that my ability to purchase and take things and take care of my family and pay for food and bills goes down over time. Like if I have a thousand bucks in the bank, it's only going to buy $900 next year. Minimum. It might be worse. If there's even a 1% chance that Bitcoin is going to be, is truly scarce and going to increase in value, then that's a bit that's better odds right I'm not moving negative and so people starting to realize that people putting their money on the line in hardware in big giant sites millions of dollars of megawatt to put this thing together right and also you can bring somebody in who's never even heard a bitcoin
Starting point is 00:43:08 and it gives them something tangible to look at and say wow this is people are putting this into this network this is this is this has got to cost a lot and it does it's showing that proof of energy and that proof of work right so the fact that that was already running and now we're seeing the bitcoin price kind of catch up to where i think it is um and then also watching the hash rate continue to rise as we bounced i mean god bless 58k gang right but it's like all this sidewalk this crab walking was just it felt brutal for while it was like it doesn't matter how long you've been in it sometimes you're like oh maybe this is it maybe we're just not ever leaving 50k it's just going to be between 60 and 50k forever right
Starting point is 00:43:55 so okay gang is listening to this right now and they're like yes so happy i know so to see it move even a little bit out right and start to move at the same speed as these people that are out there building, you know, putting together sites and developing sites and innovating, making new ways to cool, immersion cooling, hydro-cooling, at-the-chip technology, hybrid data centers that do AI, and then when they're not processing on AI, when they're not actually, you know, have a load on their AI servers, they're actually mining Bitcoin. It's like back and forth. Things are about to pop and you can only, I guess it's the fact that this has to do with is connected so closely to energy makes me realize that not only is there's something big coming in Bitcoin, but energy as a whole,
Starting point is 00:44:59 as itself, is about to change dramatically. I don't know what it's going to look like. I don't know what it is, but it's something major is going to happen because when these big energy companies start to take notice, Again, this is kind of a concern same way along the government side, right? But we have been pushing and building. We are finally in a position now to have a say in how Bitcoin gets pushed, how it gets driven, how this industry gets built. And it's about to move out of the garages, right, and into commonplace household name. There will be no coiners.
Starting point is 00:45:39 everybody will have some amount of Bitcoin and all of those big large energy companies something major is about to change, about to shift and you guys are going to have your hands full. You're going to have way too many people to educate, way too many people. I want to echo and I think in and around the energy part,
Starting point is 00:46:02 I think one of the most exciting things is that as you come into Bitcoin and you start examining it, you're actually, if you get far enough down the rabbit hole, you're kind of forced to begin to understand energy better. Right? Like you can't, you know, when people start asking like, well, what are these people are just burning electricity and, you know, boiling the oceans. And when you start to be like, okay, well, there's, I think there's value in Bitcoin, but like, why does it need all this energy? Like, why can't we just do proof of state?
Starting point is 00:46:41 Like, there's a learning trajectory there. Let me give you an illustration. I'd love for you guys to use if it's helpful, right? Let's say a common form of energy, which we all are familiar with, is gasoline, right? So, or if you're in the UK, it's petrol. But we're taking our gas and let's say I need to take an Uber from one location to another, and it would take one gallon of that gas. The absolute purest way for me to pay that driver would be for me to carry around 1.1 or 1.2 gallons of gasoline handed to him.
Starting point is 00:47:19 That way he measures and knows, I just spend a gallon of gas. I've got 1.2 gallons now. I made a profit today, right? The problem is with the existing money system, there's no transparency there. There's no transparency. So by the time you get from one place to the other, depending on the amount of time and what you use to pay for it, you may not be making a profit, right? Bitcoin takes energy in a raw form and immediately turns it into a store of value. Now, whether you want to say it's a medium of exchange, obviously it is, right?
Starting point is 00:47:57 But people have their opinions. But it is the only way right now that we have to. to take raw energy, turn it into electrons, and immediately turn those electrons into a store value. It's the only way. There is no other way. Even other data centers are taking that energy, turning it into electrons, and then putting it on and then using it to provide other services for which then those services are paid for in fiat. Bitcoin is the only way you can take that, or it's the fastest way to have, immediately transfer energy into a store of value that can be used as a media of exchange,
Starting point is 00:48:41 that can be stored over time, that can increase in value because of its scarcity. Everything else out there that attempts to do that is inefficient and can be debased through inflation, right? So that tie to energy, once you start to realize that, you start to think, oh, well, what about my energy, right? I mean, you get up in the morning, you walk into the kitchen and make your coffee. That's energy, right? So you have to replenish your energy with something.
Starting point is 00:49:13 The currency of the universe is energy. We're using it all the time. So when you're giving money for your energy and your time and then it's debased, they're not just stealing from you. They are stealing your time and your energy. They're stealing years away from your life every year. Right. And as it accelerates, it gets worse and worse.
Starting point is 00:49:31 It starts out. I need to work two months a year to be able to pay my taxes. Next thing you know, 10 years later, it's four months a year for all my taxes. Then it's eight months a year, right? You start to see that. You realize it's not just about energy and money. It's about my time, my time, my energy, and what I want to do with my life. They're stealing your life. So understanding energy and making that connection, right and starting to delve into that completely changes everything not just your money not just your finances but everything about your life and how you view relationships time spent goals hope streams all of it it all changes i and it's it to even further tag on to that uh you know where where you're talking about oh i'm i'm i'm having my energy and my time stolen through okay well i got to work X number of months to to pay my taxes this year. If you save anything after that, it's not like, okay, now you get to keep the rest. No, they're gradually going to steal from that pot as well, right?
Starting point is 00:50:45 Because the hidden tax, the hidden taxes is the inflation that nobody understands. So, yeah, you work all year, you work X number of months for free for the government. And then if you manage to save anything after covering your expenses, and you have two choices, well, now you have three. But before you had two, one was gamble and two was put it in a bank account and then have that value stolen year after year after year until it's worth nothing. There was another one which, up to this point, at least in the U.S., in U.S. history, especially, right?
Starting point is 00:51:31 You could store it in hard assets. You could buy in real estate with it, things like that, right? But when you really look at it, and I think the first time I saw the illustration was Preston Pish, right? But a lot of people have done it now. Pompliano did it on live TV not too long ago, right? Like on Fox News or business. When it talks about valuing a home in Bitcoin. So 2,000 or four years ago, right, it was like 600.
Starting point is 00:51:59 Bitcoin or whatever it was to take. And then it's like you do this and you're like, so wait a minute. It cost me eight years ago, 600 Bitcoin to buy a house. This year it only cost me six. Right. If you're on the Bitcoin standard and you're on a money that cannot be debased, you realize that that's two things you need to realize from that. One, your life gets less expensive, right, as it goes forward. It gets less expensive.
Starting point is 00:52:27 That's one. The second one is you also realize my house is not actually going up in value. My assets are not going up in value. The measuring stick, the ruler I'm using is getting longer. So there is no, your house is not make you money. It doesn't increase in value. It stays the same. What changes is the amount of dollars used to measure it.
Starting point is 00:52:50 That is a mind-blowing completely backwards way. Most civilizations, most people anywhere ever have thought. So it's going to take a while for people to understand that and get a grip on it and realize if I have this limited it's a double-edged sword. We want prices of like food and things like that to go down, but we want the value of our home to go up. You can't have it both ways, right? They either the price of everything goes up or the price of everything goes down. There is no, you can't pick and choose. Yeah, absolutely.
Starting point is 00:53:25 Gentlemen, Aladdin or Nathan, if you guys want to jump. in here thoughts. Yeah, I'll jump in for a second on that too. So it's really interesting you bring in forth the like bullish on energy side of things because I'm completely with you. It's funny. I was having a nice conversation today and I asked TC this on
Starting point is 00:53:41 Twitter, which by the way, I don't like just talk to these people all the time. I'm very fortunate. They get the hostess the spaces Monday, Wednesday, and Friday so I get to talk to cool people and ask some stuff and learn from them. And I directly asked them, I said, you know, we're currently sitting at 734.9 X a hash is. Do you think we're going to his Zeta hash. Do you think we're going to get to the next step? And without a doubt,
Starting point is 00:54:01 he was just completely yep, unequivocally, it's going to happen. And I'm largely kind of in the same place because we're getting more efficiency out of the chips. But the one thing recently, specific to energy, that I'm really curious to see how it evolves in the coming years is nuclear, specifically nuclear. And the reason being is that I think the public sentiment around nuclear, the public consensus on it, is really shifting where we're getting both sides or saying like, okay, like if you want more energy, which is the side that I'm on, this is a great idea. If you're concerned about carbon for whatever reason, then this still fulfills that for you as well, too. And of course, energy is directly tied to human prosperity. But the need for cheaper, consistent energy
Starting point is 00:54:40 is pushing a lot of these big companies into the space as well, too. And what I'm reminded of is the Three Mile Island, getting restarted by Microsoft. And so we've got a major company in here looking at tapping into nuclear energy, which I think basically gives the, like, the paths for anybody else now to enter the space. You can't have that happen and say, like, well, it's okay for them to do it, but the plebs can't have it. I don't think it'll be tenable. And so as we have more and more potentially nuclear coming online, having more and more energy available, again, they're going to want that buyer of last resort, the initial consumption to tap into. And so I'm right there with you.
Starting point is 00:55:15 I think human prosperity is going up. I think energy is going to go up. And I think that Bitcoin mining hashing is going to absolutely skyrocket as they need somebody to buy the excess while the rest of the infrastructure and demand is coming online. Aladdin, I'm curious, your thoughts on it. I mean, I'm a lot simpler than you guys, so that's kind of on my thought. We have so much brilliance in Bitcoin in the space. You guys are a perfect example of that, and I see it every day and just watching all the shows, the podcast, the spaces.
Starting point is 00:55:50 It's this amazing network effect that's happening right now. I think it's the game theory that Satoshi, whether he meant to make it happen or not, Bitcoin is absorbing the smartest people on Earth that appreciate decentralization. Holy shit. How flipping cool is that? So to like everything you guys have been talking about,
Starting point is 00:56:13 I mean, it's only going to build and it's going to be a battle between good and evil like everything. But man, this is absorbing people that appreciate decentralization. That is going to put so much good on our side for what you all are building. So I'm yeah, I'm right there with you, just massively bullish on the potential of what all you brilliant people are putting together on that end for people like me that are not the most technical, but I have more of the philosophical side of it that I can look at. And I'm bullish on you guys on all these brilliant people that are building in Bitcoin
Starting point is 00:56:51 and doing the work that most of us would only dream of being intelligent. enough at least myself i'll speak for myself to be able to be on to maybe i need to come out and visit you one of these days david and and firsthand see exactly what's going on and get rid of some minors we'll do it love i before we put a bow on this topic i want to show something that that will further back david's claim that people are are beginning to realize like the the difference between the energy expended and the perceived gains of either sitting in real estate or in stocks or whatever, that the value is not necessarily actually going up, but you're just seeing that you're standing still and it's the ruler that's changing.
Starting point is 00:57:47 And this is a clip of, I think the founder, perhaps, of Sotheby's, they are the premier destination for auctions for private sales of like contemporary modern art like hundreds of millions of dollar valued paintings all that and and it's him talking about his journey down the bitcoin rabbit hole it's super interesting uh it's like a it's like a minute and a half two minute clip um but i'm c s and p clip then he talks about yeah yeah yeah yeah Yes, it is. Yeah. It's awesome.
Starting point is 00:58:32 Okay, so I'm going to press play. As soon as you start hearing audio, just give me a thumbs up so I know that it's working correctly. So once I care. I can sell you a $20 million painting, but I can't tell you why a piece of code is money. That's an interesting paradox. So that was the journey. And so I dove deep and began to question, what? why what is money exactly i thought it was currency i was wrong and then what what creates value
Starting point is 00:59:00 why do things have value what what is it about us that ascribes value to things and and then i and i and i literally went down a rabbit hole and it's actually not too far off what michael sailor or some of these people talk about you know do a hundred to a thousand hours on it and you really dive into a podcast and dive into the books and ask yourself, go on an intellectual journey about, what does all this stuff mean and why is it important? And then there are startling insights that I have now at age 59, that I didn't have at age 57 that came from this journey. You want an example?
Starting point is 00:59:40 I didn't realize that if the average year, the money printer goes, call it 8 to 10%, even in the Western countries, even in the OECD nations. And the average return on the S&P 500 is call it 9-ish percent, including dividends, maybe 9.7, maybe a little less, that it means that all of the work of the S&P 500, all of the value created there is actually the money printer. That to me was startling. I mean, to think about that the fundamental notion that in a closed system or even an open system, when you're printing money at the rate of 8 to 10% a year, everything is losing value. And the things that appear to be gaining value are not gaining value. They're just keeping you even.
Starting point is 01:00:37 So you can put all your money in the S&P 500 and you're not gaining any relative wealth at all. It's just beautiful. It is amazing. Yeah. So good. So good. I mean, like a nice, concise, two-minute summary of, like, again, like so few people even think, like, if you print money, what have you actually done? If there's only so many goods and services that exist and you print more money, is there more of that stuff to go around?
Starting point is 01:01:11 Absolutely not. So what have you actually done? You've reallocated the access to the existing goods and services. That just defined the reason Keynesian economics does not work. What you said right there, that little point is why it doesn't work. Yeah. It just so beautifully just touches on it too. Just start thinking about what actually is value.
Starting point is 01:01:34 Where is this value coming from? And so many people have this concept. Like I've always hated the term like intrinsic value. I hate it. I absolutely hate it. Because you're just talking about like a consistent, reliable demand because value is completely a human. construct into the individual level, right?
Starting point is 01:01:49 But if you live in this kind of Keynesian setup or if you think it's like, it's almost like the chemical makeup or it's weight or it's mass, if you think it's a property of something, it'll skew your entire perception. Peter Schiff. Yeah. Thank you. We need it for electronics and jewelry, guys. Come on.
Starting point is 01:02:10 What's the thing? You're right. I mean, but then if it's like, well, but if I'm like, well, I hate my cell phone. I'm going to go live in the woods, right? There's no intrinsic value to that cell phone anymore, right? Unless I just want to emergency stopgap or what. You know, so it's like, but if I personally am like, I'm just going to go do this, there's no intrinsic value.
Starting point is 01:02:31 Value is 100% up to the individual at that any given time. I don't need any cash if I'm starving to death, right? Yeah. And that painting example is like a perfect, perfect analogy, one that I'd never really thought of before. But particularly for someone like me, unfortunately, I don't have taste in fine art. So a $20 million painting makes no sense to me unless I'm going to be exchanging it for $20 million worth of Bitcoin. I have no reason to want that item. But in his world, they do, right?
Starting point is 01:02:59 And so if I'm able to commute that. Yeah. Hold on, though. I mean, this is what's so important. As a bit coiner, I get to have more control over my value. So like, for example, what you're saying is, Right, because I actually got my degree in art of all things, three-dimensional design. I learned how to do sculpture and stuff like that.
Starting point is 01:03:21 I'm very bullish on Bitcoiners producing art, right? That mindset lends itself to creativity, which is why we've got Aladdin here, right? It's like all of that creativity. And so I see these things and I'm like, and you see the amount of time. Well, I do because I've been an artist and I'm really shit at it. But Aladdin, I know how much time. he's had to put into creating these series, creating cards, getting them printed, getting them designed. We're talking about hard to count hours, right? It is a labor of love, especially in the
Starting point is 01:03:59 beginning. But if I see something like this, for example, yes, nice, made X. And I have a personal connection to these things, and it moves me on an emotional level. I can decide to part Sats and send it to some guy named Madex who makes art that looks like he's seven. No, I'm just kidding. What I'm saying is it doesn't matter if it's this or if it's food or if it's, you know, I'm a shameless plug for wine from Ben Jussman, right? It does, or anybody else at your Sats market, it doesn't matter what it is. you get to choose that value.
Starting point is 01:04:45 The problem right now is too many people are telling us what we can and can't value. And Bitcoin gives you the power to decide that and take that back. And communicated in the purest form as well, too. There is no other greater expression of what you value than what you'll trade your stats for. Yes. And we're getting to that point. It was early on people would give up stats for anything with a Bitcoin B. you slathered on. Now we have fine, you're, you're developing finer tastes because you have
Starting point is 01:05:19 finer money. Yeah. And there's, it's going to be a tall order to try and get the corners to, to part with their sats. And you've got to, you've got to be a master of your craft. My, my 18 year old, here's proof, right. My 18 year old will say, dad, can I have some money to go out with friends? I'm like, no. If you really want to do it that bad, sell your Bitcoin and cash out. Oh. And he says, okay, it's like, you've got your money, you know, whatever. It's like, okay, well, he stops and he thinks about it.
Starting point is 01:05:52 And, you know, sometimes he says no. He's like, eh, no. But we were at Bitcoin 24 at the Bitcoin trading booth, Bitcoin trading card booth, right? And we saw two, we was looking through the packs and he collects sports cards and stuff. And he said, well, Dad, you should buy this pack right there. You should get this pack, right? And I think I can't remember, is it the Satoshi pack? Maybe Aladdin.
Starting point is 01:06:17 I can't remember what it was. But I said, well, I'll tell you what, I'll buy one if you buy one. And we're buying with sats. And he chose yes. We both ripped at the same time. I'm a minor in Texas. The only chase card I wanted was the ASIC minor. I got one in the pack.
Starting point is 01:06:36 He got one in the pack. 26. They were from like, I mean, the odds of them coming like close in a box. I know what those odds are, right? They're pretty rare, Aladdin. And so, but then we had this experience, right? And we have this memory now. That's priceless.
Starting point is 01:06:57 I will gladly give my stats for stuff like that anytime, right? That's what Bitcoin gives you the power to do. You get to choose. And for something like a memory or an experience. ultimately that's all we really have you know yeah yes love it like a tattoo you you don't take your time and you just throw a random oh yeah that picture looks cool I want that tattoo yeah you regret it big time but if you take your time and really think about it and there's a meaning towards that art that you're getting ready to put on your body for the rest of your life you're going to love it
Starting point is 01:07:31 forever so just there's something to taking that time in every decision and making sure that we you make that decision, it's something you really want and not just some or something you need to a point and experiences with our children, that's definitely something we need. And that's the cool thing about spinning our sats is we really think about those decisions. And usually it works out pretty good if we take our time to think about that purchase and we don't just ape out there in a shopping frenzy. There's a Bitcoin Deb in the comments just said I used to be a shopaholic, not anymore. Nice. Good job, Bitcoin, Deb. She's in the chat there. But I mean, this is how it changes you, right? You get to a point. And it's, and I almost think that, actually, I don't think, I feel like I internally know that over time, you, you, Bitcoin allows you the frame of mind to, to delay gratification.
Starting point is 01:08:36 And by delaying gratification, you can do much more and experience much more and figure out your values and decide where you would like to spend the fruits of your labor. And by the time you do come to those decisions, you often have a much more fruitful experience than you would have with the knee jerk. Oh, I want to do this right now. And so, like, the constant trade-off is going to be that no matter what, any time you spend your sats, you can be pretty much sure that if you jump forward a cycle, it's going to be more spending power. So then the question becomes is the impact on your life for, in particular, large purchases. is this worth it in that period of time in exchange for knowing that those stats were always be worth more?
Starting point is 01:09:38 And so I've made some decisions over time that have largely impacted, not just my life, but like my wife's life and our kids. And those, I look back and I'm like, I will never, ever, unfortunately, have the same amount of Bitcoin. But the change in life for my kids over that period of time and the domino effect for our lives moving forward was so great that I have no regrets about those decisions. And so it's okay to use your sats for things, but you need to be cognizant about what's the downstream effect.
Starting point is 01:10:19 Am I buying trinkety bullshit knick-knacks from IKEA? or am I buying an oak table that will still be standing if my house burns to the ground? Like those types of like this table will not move vermin's spot and it will be bestowed to my family. My great-grandchildren will host a Thanksgiving dinner on this thing. You know, like you start thinking more about, oh, I'm buying stuff that's for me now, that's for my kids later, and for my great, my great, great, great grandchildren, perhaps down the way. And so you start thinking much longer term like people used to when they would start the building of a, you know, some sort of a great monument that they would never see to completion.
Starting point is 01:11:08 And I think we're in for that because that's the time preference it gives us. Gentlemen, I don't want to keep on this topic for too long because we need to keep rolling because we've got much more to get through. So we're going to do a rotation here. We're going to give a quick 30 second shout out to one more sponsor here. And then Aladdin, I'm going to be going to you next. We're also going to give away some sats when we get back. So anybody watching, get your lightning wallets ready because whoever scans the QR first is going to claim those sats.
Starting point is 01:11:39 We'll be back in about 30 seconds. DeBify.com allows you to borrow against your Bitcoin in a non-custodial way. Collateral is held in a three of four distributed multi-sig with trusted parties. It provides institutional liquidity providers, loan periods of up to five years with flexible conditions and the best rates. And best of all, no rehypification of your funds. If you want to check them out today, head over to debify.com or hit the link in these show notes down below. All right. So we're going to give some stats away real quick.
Starting point is 01:12:16 We are pulling up, of course, many of you watching from the floor. from past weeks, are we familiar? This is Bitcoinwell.com, an awesome place in Canada and the U.S. to be stacking stats. The way it works is when you sign up, when you purchase Bitcoin, when you refer friends, you earn points. You can use those points to toss them, to toss a coin in the Bitcoin wishing well and wins sats anywhere from 500 sats to potentially a million sats.
Starting point is 01:12:42 And so all you need is a lightning wallet capable of LN URL withdrawal. So if you got a lightning wallet handy, just pull it up and pull open your camera, Whoever scans it first will claim the SAT. So I'm going to do that now. I'm going to hit Play Now. I'm going to use 500 points to toss a coin in the well. Again, whoever scans it first will claim 500 sats. So congrats to whoever gets it first.
Starting point is 01:13:05 Scan quick. It's probably already gone. If you do get the sats, let me know in the chat messages wherever you're watching the show. We're in the comments. And congrats for that. And furthermore, if you want to earn more sats, I've got one other way that you can do it throughout this entire bull market, and that is through Bitcoin Mentor. And you can become an affiliate of Bitcoin Mentor.
Starting point is 01:13:27 And so what is Bitcoin Mentor? We mentioned it earlier in the show, but Bitcoin Mentor is a place where we offer one-on-one, we offer one-on-one private sessions for people to help them learn how to obtain, use, and secure Bitcoin and do everything along their Bitcoin learning journey. So you can go to Bitcoin Mentor.io for that. But more importantly, a lot of you watching the show may already have a bunch of skills, but you are going to start having friends, family, and acquaintances ask you, what the hell do I do to get into Bitcoin?
Starting point is 01:14:01 And you can funnel them our way. So there's a QR code on the screen right now. If you scan it, you can sign up to be an affiliate. And what happens then is you get your own personal link. You can share it with those people. And as soon as you do, if they book a session with us, you get $21. And that is perpetual moving forward every single session that they book, $21. And all of those get paid out at the end of each month.
Starting point is 01:14:26 So you can stack sats while new Bitcoiners stack skills. I can't think of a better way to be adding to your stack. So go ahead, scan that QR code. I'll throw it at the end of the show as well. But with that, we are going to jump back in. David, I know you're short on time. So whenever you need to hop out, just let me know. but we're just going to quickly jump to Aladdin next and Aladdin I'm going to queue you up.
Starting point is 01:14:50 Why are you bullish? All right. So I was showing my Maddox when I came back in. David got to show off his Maddox so I want to show off my. I'll show one more time just case you missed it. Yeah, that's a good one. Beautiful. I've got a claim with his card too, which is like the coolest part.
Starting point is 01:15:05 The matching artwork on the card. I'm not very much at all. Not chills at all. Nope. That's pretty sweet. Can I? Can I have been Sessions head sculpture one of these days with his card next to it. Can I, can I, I'm going to take the opportunity to shill as well.
Starting point is 01:15:23 If we're, if we're all shilling our, our medics here, hold on. Careful. Get back there. Yeah. Beautiful. You know, there's a story behind the, the, the, the, the, the Rubik's Cube, hey? Is 2019, we're on Riga for Baltic Honey Badger. And Bull Bitcoin rented this, like, underground.
Starting point is 01:15:45 cavernous restaurant and it was where the people of Riga where the politicians used to hide out and plot what they were going to do
Starting point is 01:15:56 and how they were going to govern the people and so a bunch of like flash forward however like 600 years and the place has been completely overrun by Bitcoiners
Starting point is 01:16:10 with like a pig on a spit and a whole bunch of meat and everything and the the people that were like Safedine and Adam Back and like all of these epic bitcoins and in the corner there's Adam Back and Maddox sitting beside each other. And he was just kind of like on his way up and starting to create stuff. But he sat beside Adam Back.
Starting point is 01:16:30 And Adam Back as Adam Back would had a had a Rubik's Cube in his pocket that he just brought along with him. So there's Maidx sitting beside Adam back because he teaches him how to solve the Rubik's cube. And so if you start to see this imagery and a lot of his stuff, it's a call back to that moment. And it's actually on the necklace that I also bought from Maynex. You'll see the Rubik's cube everywhere. So cool little story.
Starting point is 01:16:57 That's so cool. Anyway, sorry. Alana, I'm stealing your thunder. You go ahead. It leads right into it. I'm bullish because of Canadian artists with long, luscious locks. And really badass names. I love it.
Starting point is 01:17:18 Well, I mean, beyond that point, because I am really bullish on that. Those Canadians, man, you've got to give it to them. Hopefully you guys can pull off a big win like we did this week as well. 100% well. We can go bullish with all of North America. Yeah, I think the biggest thing right now that I'm super fired up about this week, I couldn't be happier. I'm not a political person. The left-right paradigm is not something that I ever got in the middle of and don't ever want to. But there is something different to this election
Starting point is 01:17:56 more than any other election that I've ever seen in my lifetime. And it's more about just people waking up and grasping the courage to stand against the propaganda and the social media that is literally mind-warping these people. All of our people, my friends, my family, my loved ones that have all just been plagued by massive, horrible propaganda. And the fact that we had the majority of the company come together or a big enough part, but I mean, Trump even got the popular vote, which is amazing. It's huge. The awakening is happening. And it needs to happen more than ever because, man, we were on this really scary trajectory. I pulled my kids out of school years ago before the 2020 craziness happened and I homeschool my children because I live in California.
Starting point is 01:18:56 It's dangerous. It's scary. It's really bad. And these are a lot of beautiful, amazing people. that I know personally that I truly love that have just been brain warped on so many things for a long time now. And a lot of these people are starting to finally think for themselves. Critical thinking skills, make critical thinking skills great again. We have had an unprecedented week for Bitcoin for the world. It's an effect that I hope starts to really just blend into as many places across the world as possible. We really need it for our children, for the future. We've got to make a change. And I am so bullish right now because this week we
Starting point is 01:19:50 stepped out as a country and we made one hell of a change. And it had to be so strong that they couldn't deny it. And I was really hopeful. But at the same time, I'm like, man, this has got to be a tough, tough lead in order for us to just take it and listening to the people that have been against it the whole time have to accept that this is what happened and there's no denying it. That's a really, really good feeling. And another one, we're on your show right now. The media, our own personal media teams, again, we are all the marketers for Bitcoin. we are all the marketers for our friends and family and everybody else.
Starting point is 01:20:38 And independent media is taken off like crazy. And it's just completely destroying the mainstream media right now. And I'm so bullish about that. Because again, if we want Bitcoin to take off and do what it's going to do, we need to take over the propaganda machine as much as possible. And we need to make those changes because these stupid phones that we're, We are attached to 24-7. Most of these phones will tell you how many hours a day
Starting point is 01:21:09 that you've spent on your phone throughout the week. It's sick. And I do everything I can to not be attached to my phone. And I look at the hours that it says. And I can say, well, that's because I was watching a YouTube video or I was stuck on the phone with my dad for hours or whatever it was. It doesn't matter.
Starting point is 01:21:25 I look at the hours and I'm like, holy shit. It's scary as hell. And that's someone who hates the phone. So I can only imagine where so many other other people are with these devices, it is soaking up our every single day. So we have to fight fire with fire. And the fire they're giving us is a constant brain drain of propaganda. So we have to give it back.
Starting point is 01:21:50 And we've got to put that positive reinforcement, the positive propaganda. All propaganda is is marketing. That's the definition of propaganda. So we have to do our side of propaganda. And we're doing a good job right now. In order to make the change we made this week, we are on a successful trajectory. And to your point as well, we've got four years, this is time to be happy. It's time to be hopeful.
Starting point is 01:22:15 But man, it's fucking time to grind. Every one of us, grind. Stand up and find something that you can do to participate in this amazing, positive trajectory. And sky's the limit. And it's not just for us. It's for our children. It's for these next generations because the other generations have let us down. It is our time.
Starting point is 01:22:38 We can't just keep giving it to the next generation and saying, now it's your responsibility. No, it's our responsibility right now. We need to be the warriors, every one of us, man, woman, children, whatever you want to call yourself, stand up and put the goodness out. And I feel like this week we've got a really good shot ahead of us. So couldn't be more bullish, couldn't be more happy. Price of Bitcoin, all-time highs, that's amazing. The spiritual value of people on this earth taking a stand, that's where I'm bullish.
Starting point is 01:23:15 I love that. I love it. You know, strong, fourth-turning hard times create strong men vibes. It's what I'm getting here. Gentlemen, I'll let you dive in, whether it be David or Nathan, David, I know you're, again, you're short on time. So if you want to quickly weigh in here. I just, I mean, I think Aladdin said it best earlier, right?
Starting point is 01:23:39 It's just putting the accountability back where it needs to be. You know, Bitcoin operates based on, you know, whoever is willing to put in the most value and, you know, willing to spend the most energy. Their, you know, their idea gets, their idea is the one that makes it, right? I mean, you look at people that don't play by the rules. You look at Donald Trump. You look at Elon Musk.
Starting point is 01:24:07 You look at Jeff Bezos. You look at creators of Netflix. I mean, it's like all these big massive, crazy innovations. They all started with people saying, well, that's dumb. And people believed in them enough. They believed in their idea enough to just keep going. I'll leave with this, right? Because Nathan said something earlier.
Starting point is 01:24:29 And it's, it's probably, if you're going to take one thing away from, you know, from this, it's that everybody has a part to play. Everybody can contribute. And I, it's been, you know, my ride in Bitcoin working full time in Bitcoin has been tumultuous at best. And it's a roller coaster. And so for the first time in my life, I went like, you know, months, six, eight months. without any, you know, real income, right, after my first foray into Bitcoin mining.
Starting point is 01:25:07 And it came a point where I got offered a job. And I really probably should have taken it. You know, I should have gone back to the Fiat mines and taken it. That would have been the smart thing to do. And I, it literally, the reason I didn't was not because of the money. my value was in what I was doing and was I passionate about it and did I love it? And the people I had worked with on those projects,
Starting point is 01:25:36 I wanted to work on them again. I didn't take that other job back because of the people, right? The people that I was working with, right? And I would have given, and I gave up SAS for months, right? Paying bills and stuff like that because that was my value, right? My value was if it's a shot, another shot to keep working in this industry, that's worth it to me.
Starting point is 01:26:05 Because once you've seen it and you start evaluating it, right? You never want to go back, right? And that was all on me. It wasn't on anybody else. Nobody else could do it. Or, you know, I couldn't call a family member and say, hey, throw me, print me some money, throw me some fiat, right? It was either you make your choice or you don't, right? That's a really strong feeling to have in Latin's obvious, right?
Starting point is 01:26:32 You give your kids that education, make them understand that because once you realize that, you're not afraid to do it anymore. You're not afraid to step out on your own and do something you're not unsure of because you know, no matter what, you know, I'm going to be okay, right? I have faith in myself to do it and things like that. I just want to say thank you to everybody for letting me be on. It's been fantastic. Can't wait to see you guys all in person again sometime soon.
Starting point is 01:27:04 But yeah, if you, I mean, whatever it is, even if it's just, there's lots of people, right? What is it? Peter McCormick said, right? It's like, well, if you're a plumber, just start accepting Bitcoin, tell people you accept Bitcoin in exchange for your plumbing services and you're the Bitcoin plumber, right? just whatever you're doing, just figure out a way to do something with Bitcoin. I love it. David, thank you so much and have a great weekend. Thanks, everybody. All right.
Starting point is 01:27:33 Later, sir. All right, Nathan, I'm going to toss it to you. Again, if you have thoughts on what Aladdin said and what Dave. I do. Yeah, so I definitely, I was right there with you. I definitely got the fourth turning kind of vibes. And the thing that immediately struck me as well, too is that Bitcoiners have the lowest time preference by far. So we're not thinking about like, you know, maybe the next year.
Starting point is 01:28:00 We're going generations. We're thinking about stack and sats for the great, great grandkids. The hope is to set up a legacy, a dynasty, a citadel that will be remembered for. And what's so fantastic about that, but not going to lie, guys, it's going to suck a little bit, but it's going to totally be worth it, is that in that role, in this vision, in this way that we think about ourselves and plan for the future, we're the ones that are going to deal with it. And we're going to take on that burden.
Starting point is 01:28:27 Whatever problems are coming, whatever the big thing of this fourth turning is going to be, Bitcorners who are the best, the brightest, the smartest, the most productive, the hardest working. We're going to figure it out.
Starting point is 01:28:38 We're going to solve the problems. Our kids are going to have a fantastic life and the generations are going to thank us for it. And it's just, it's one step at a time. But I think, you know, to Adam's the earlier point, point, it's a matter of like, we're just going to bear it. We're going to be the ones to do it.
Starting point is 01:28:55 We're not going to be like previous generations. We're not going to kick down the road, kick it, kick the can down the road. We're not going to let it be somebody else's problem. We're not going to hide it under the rug. We're not going to shove it into the closet. We're going to look at the problems that we have in this world. We're going to face them head on so they can be done. So we can fix this. We can improve everybody's standard of living, everybody's circumstances and just keep moving forward. And man, it's so, speaking of why, you know, why am I bullish about that? Talk about exciting, right? You just, you're surrounded by essentially a, a mass movement or a small minority,
Starting point is 01:29:32 but still a large group of the most inspirational leaders that have just shown up to fix everybody's problems. It's great. It's, it's unbelievably exciting to be a part of it. Yeah. Absolutely. Again, like there's so many great people building. And I mean, this goes back to, you know, I was talking at the off top of the show about, okay, we've got we've got some runway here. Let's get shit done. But I'm bullish because I have no doubt that people will get shit done. And that speaks to the quality of people. There are people in the Noster chat saying like I'm, you know, I'm focusing my time. time on Bitcoin and they were they you know and and I said that I was I love the Bitcoin brain drain where people you know like it's before it was the Fiat brain drain where it was the best and the
Starting point is 01:30:31 brightest in their individual realms would realize like hey I can I can make more money and come out on top playing Fiat and getting closer to the money spigot providing no value but leaching value off of others. And so you have doctors and, you know, people that would actually like help society and teachers and all these different people going, eh, I'll go work on Wall Street and I'll, you know, work in derivatives or whatever the fuck else they're going to do. And it's like what value is being created for society there? And the answer is really none.
Starting point is 01:31:10 And so we're seeing a shift in that. Like this idea of, yes, I want to help and contribute to Bitcoin, but it's getting to the point where helping and contributing to Bitcoin can often mean being really, really good at something that just generally benefits your community and society at large. And then saying, I'm going to dedicate my time to that to that, but I'm going to accept Bitcoin and I'm going to encourage people to pay me in Bitcoin. And I'm going to pay my suppliers in Bitcoin.
Starting point is 01:31:43 And like that in and of itself is contributing to this seismic shift in society where we revalue where we place our time and in our efforts. And that's going to be massive. That's massive. Yeah. So with that, I'm going to, I'm cognizant of time. I know we've been going hard at it. But Nathan, I want to get to yours.
Starting point is 01:32:07 So we're going to give one last shout out to our final sponsor. And then we're going to dive in with you in like 30 seconds here. So we'll be back in just a moment. Speed is one of the fastest growing Bitcoin lightning wallets out there. It is a fast and secure way to send and receive Bitcoin and Stablecoin payments instantly. You can even swap between Bitcoin and Stablecoins directly in the app. Also in the app, you can buy gift cards for all the best brands and earn rewards in the process. To download Speed, simply scan the QR code on the screen, click the links in the show notes down below,
Starting point is 01:32:44 and use code BTC Sessions 10 to get 5,000 sats for free. All right in. We're back in. Let's tackle it right away. Nathan, you are up next. I'm going to allow you to maintain control of the mic and key up with the same question. Why are you bullish? So there's a number of reasons. I'll rattle off a couple things real quick, real fast. And last one being the most important. So first and foremost, we're hit an all-time high going into a global easing cycle. Pretty good reason to be bullish.
Starting point is 01:33:16 Fed's cutting Bitcoin all-time high. Let's not negate that. Second reason, very important reason. Today was the third anniversary for Yellow's Don't Stop Believe in Space. Right? And if you want an example of just how much, like how psychotic and committed Bitcoiners are, I don't think there's a better one out there. This dude just will, he's not going to give up.
Starting point is 01:33:38 He still believes he will keep going. He will fulfill it. And by the way, he's calling for a new prophecy, December 23. I think it is, 100K. So you heard it from yellow. Then I hit 100K, December 23rd. Everybody get ready. Right?
Starting point is 01:33:52 Wouldn't that be glorious just going right into the Santa rally? Yeah. Now, the original one that I came here with, the reason why I'm bullish, the one that really hit me over the last week or so is, and it kind of ties into what Aladdin was talking about. And that's that all of the worst people are losing, and they are losing spectacularly.
Starting point is 01:34:13 I will just start like with, I got a couple notes written down here. Kamala, popular vote for Trump. I didn't see that happening. I was completely blown away by that aspect of it. I know that California, I think, was in like the high 40s or something for Republicans. New York as well, too.
Starting point is 01:34:29 It's unbelievable. I've got Emmanuel Macron, 19% approval rating. I've got Justin Trudeau, 26% approval rating. Joe Biden, 32. I've got Gallup polls, has that trust in the media is at 31%. Trust in newspapers, 18%. Congress, nine. I love that one.
Starting point is 01:34:46 That's amazing. Higher education, 36%. And I forget who mentioned it earlier as well, too, but talking about how, like, the new media is completely taken over. Corporate media, I think, just got the final death blow. They're done. The worst people are losing their influence. They're losing control.
Starting point is 01:35:05 Their money is losing purchasing power. They are just going down in spectacular flames. Even if we look at, like, the history of the Fed over. the last decade or so, particularly I'm thinking about like COVID too. Even the money printer is starting to lose its effect a little bit where we had the COVID crash and when they dropped interest rates, it didn't really seem to make that much of a difference that it wasn't until the fiscal spending came into play that they were able to still have influence. I know, and we'll take the example of pollsters as well too.
Starting point is 01:35:37 You know, constantly these academics, these pollsters telling you with their models, everything that's going to get happen got completely wiped out by Polymark. because people were speaking with their money and that thing was dead on. And so the reason that I am very bullish at this point in time is that all the people that are antithetical to freedom, all the people that are against liberty that want that centralized control, the worst of the worst that have been going up against us, they're losing. They are losing control. They are losing influence. They are losing importance. Who is that like? What the guy has his name? He's the creepiest looking guy ever and he was talking about
Starting point is 01:36:16 if Trump wins like how bad it was Yuri something. The the guy who wrote God yeah he's like he's so smarmy W-E-F
Starting point is 01:36:31 type guy he wrote he wrote oh god now it's basically like a history of humanity type thing and then another book on like the future of
Starting point is 01:36:44 humanity. We are all batteries. Yeah, basically. Basically, he was trying to look, love the robots, get in the pod. Don't worry about it. You'll be fine. And there are people that. Shout out to David Wong at the Noster chat, the guy who wrote Sapiens. Thank you. Okay. Awesome. Thank you, David. And so with that, with Bitcoin success right now, with the way we're seeing things change, I think one of the major elements was that in COVID, they completely overplayed their hand. Right. And, And Bitcoin's prank section right now, I think it's just a reflection of that optimism and calling them out as well, too. So the reason that I am unbelievably bullish on where things are going is because the worst of the worst, the freedom crushing politicians are losing influence and more and more of them are on the way out. It's gotten to the point where they've caused, I think, enough pain and distress for people that they're actually feeling it.
Starting point is 01:37:38 They're identifying it. And they're starting to look for answers as well, too. Like even just like regardless of what you think about politics and the validity of it or not, you look at the people surrounding Trump right now. Now, any one of those on their own, it's not really an handicap in the situation, right? But each one of them tends to be quite good on a few elements or two. And so kind of together,
Starting point is 01:38:00 you've got a decent like libertarian freedom oriented perspective at the table. Like we're gaining ground and they're losing influence. So just to sum it all up. corporate media influences on the way out the legacy kind of politicians and what we're kind of these career politicians and stuff too get out we're done with you even central planners i think your ability to influence the markets is waning and we're coming for that tool too so i have every reason in the book to be bullish to think that we're going to win and they are just on their knees i'll i love it uh i want to put a little tag in there as well um so again this
Starting point is 01:38:41 is very much like a mixture of fourth turning and sovereign individual vibes where as as things are shifting there's a complete loss of faith in all of our major institutions and and we've been seeing it build for some time now and the people that used to tell us what the think are now flabbergasted when we don't think what they tell us and that's something they've not experienced yet um you know Even to your point about all of these people that are in positions of power, one of the most interesting things the other day was somebody from the media asked Jerome Powell that if Trump asked him to leave, would he? And he literally just said no.
Starting point is 01:39:26 No. A single one word answer, no. Well, wouldn't you think blah blah? No. And that was it. And so what does that do? It makes people realize that despite the name the Federal Reserve, it's like its own private entity. And so people are going to, I think now begin to understand kind of the dynamic of like,
Starting point is 01:39:45 hey, like these, we could just like not use that. Like not use the dollar. I think people are starting to wake up. And again, like in and around the polls versus polymarket and everything, we're seeing people being blindsided because they're realizing, they're realizing oh, like opinion polls may not actually accurately capture what people really think, because there's been such a push where if somebody disagrees with you, you villainize them to such a degree that they're worried to actually voice the real opinions in and around certain people. And so all of these people, when you can't have open dialogue and just openly disagree and
Starting point is 01:40:39 then discuss it, you lose the ability to have a grasp on reality. And that's kind of what's happened on the left side of the political spectrum is there was such a, oh, if you don't agree with me, or if you might be leaning to the other side, I'm just going to call you a Nazi and a misogynist, and then I'm going to group you in with this group of people. And all of a sudden, you've got this group of people that feels alienated. And they're like, well, maybe I do need to vote the other way. And then they get over there and they realize that there's a bunch of other people like them that just kind of feel alienated and and also disowned by maybe, you know, like they, maybe they were in the middle somewhere. And they realize like, yeah, I mean, we've been kind of disowned by by one side of the aisle. And so I guess we'll just go over here.
Starting point is 01:41:32 And when, again, when you shut down conversation, you cannot have an accurate picture of reality because you've. turned off an entire side of the conversation. And so that's where we see the polls, people weren't telling the truth because they were worried to. But when money is on the line, incentives actually are trackable because people aren't going to bullshit with their money. And especially when they can do it anonymously. And so we just saw the power of actual incentives and how accurately that they can
Starting point is 01:42:09 predict people's actions. 100%. Aladdin, I'm curious what you think. Oh, the baddies losing is definitely an amazing feeling. I'll tell you that. I have went red pill, black pill. My dad red pilled me really young. So I've been learning really messed up things over the years. And I take my time. So I'll look at all different corners and sides. I'm not going to hear one conspiracy. theory and then just run with it. I really like to take my time and make sure that I do the actual research.
Starting point is 01:42:46 Holy crap, these baddies needed to lose, really bad. And I just hope that there's this flight log thing that comes out that actually gets fully released to all of us. I hope that this party list of people comes out. These are the people that are literally speaking to our children. They're the social media influencers that are literally teaching our kids day to day what music is, what entertainment is. These are some sick, sick, twisted, evil people, and they lost hard this week. And that feels really, really good.
Starting point is 01:43:30 And I just hope and pray I'm not going to put my faith in any politician. I hope and pray that those lists come out because that is a way to your point. Ben, of stopping people from having these conversations. Slapping them in the face with, you know, that show that you watch every day, that you get all of your information from. You know what? They just got busted for doing. Yeah.
Starting point is 01:43:52 Yeah. Maybe your opinion might need, maybe you might need to open up your mind a little bit more because you were literally learning. I'll make sure you don't get banned or anything. I'll keep going to. You were literally learning from very bad, bad people. Yeah. what is right and what is wrong.
Starting point is 01:44:10 So super, super happy and super bullish on that part because it's a trickle effect. And then, boom, once it comes out, they'll all start tattling on each other. And it's going to be so fun to watch the implosion of this sick and disgusting a group of people that are literally some of the biggest influencers of our children and our family in this world. We're taking it all back. Like how many celebrities that were probably on those lists that you're speaking of just came out in full force. And it had no effect.
Starting point is 01:44:44 At least nothing measurable. Maybe it would have been worse if they hadn't. But I really think that we've reached that point or we're reaching that point where nobody cares. Like entertain me, if anything, but that's it. I don't care what you think on these topics. And seeing some of them without a teleprompter as well, too, was quite priceless. It's like, oh, you can't even remotely rip off this. And even just like from a little bit of a different angle, just adding to it as well, too, the parts I think people forget that can sometimes get people a little bit down, which is every reason to be bullish is that we don't have to have the majority of people to win.
Starting point is 01:45:18 A well-informed and motivated minority can move mountains. And they're pandering to this group as well now, too, right? They've realized that we've got some of the most intellectual, hardworking, influential, productive people in the space that are values aligned. and are not persuadable, but will come to the table. Again, the big example of this cycle round was Ross. And if that happens, that's a major win. That's a fantastic major win. And as our numbers continue to grow,
Starting point is 01:45:54 as the FIA problems get continually harder and harder to ignore. And that's the other thing that I'm seeing crop up everywhere that I think is part of the reason why they're losing their influence, they're losing sway, is because look at health, right? Look at the Make America Healthy again movement, right? That's all right, aligned with a bunch of stuff that Bitcoiners have been saying for quite a long time.
Starting point is 01:46:18 And it's not like no one, maybe not no one, but most people aren't going to see all the problems or identify everything at once and realize that this is tied to Fiat, that it is the base layer of communication of value that's distorting and corrupting. everything. But as long as they keep seeing some of the problems, some of the consequences of this, each one of those gives them more skepticism in the current system and brings them closer and closer
Starting point is 01:46:43 and closer to the root of the problem. And so that's your point, Aladdin, even if it doesn't come out today, I think those things are coming out, right? Even if they still have some influence today, it's absolutely dwindling. And, you know, it's kind of like the JFK files. It might be a long time before we see the light of day, but Bitcoiners are happy to outweigh anybody. And eventually, we're taking down, we're taking down what I would describe as the side of people. Yeah. Yeah. It's, it's interesting to see, and I don't want to do all on this too much, but it is very interesting to see how, how surprised.
Starting point is 01:47:31 certain people were at the outcome. Like I was watching that night thinking that it would be, you know, that it might, it might be close, maybe, you know, like it that it could go either way. And so I was, you know, just mentally, I was thinking, okay, well, if it goes one way, then there's one kind of plan of attack. If it goes the other way, there's a different plan of attack, just different priorities for Bitcoiners in general. like are you, you know, do you, you know, Kamala would have given us exorbitant money printing, but there also would have been like devs thrown in jail. Yeah. And Trump gives us a runway to build, but a whole lot of education to give to people in and around why Bitcoin only.
Starting point is 01:48:22 And so like those were kind of our choices. There was no like, hey, there's like somebody who's like right on the Bitcoin standard, Like, you're totally tuned in. And there aren't a lot of those people in the world yet, let alone politicians like that in the world. So it makes sense that that would kind of be the dichotomy that we're faced with. But more so the fact that people were so, and I know that Bitcoin itself is a bubble and it's easy to forget how little other people know. but holy shite were certain people that were voting left completely blindsided. Like they thought it was, oh, it's a shoe in, it's going to be a landslide.
Starting point is 01:49:09 And it's like, did you not realize that, like, you've turned off a number of people. And like when you attack every single person that disagrees with you, there's going to be a swell of people that are likely to vote the opposite side of the aisle. And so I, and I still see it. I still see like the coverage where, what did I see? A clip today. And I was like, how out to lunch it was, it was somebody talking about how, oh, like, there was a lot of like Latinos that voted for for Trump and what happened there. And the reasoning that they gave was that the Latinos are often misogynist and don't want a woman.
Starting point is 01:49:52 And they're often racist against black people. I was going to bring up that same one. Way to alienate an entire other group of voters that may have gone your way. Like if you can't step back and be like, listen, like, from my personal experience, I've kind of shifted. I mean, now I'm very much like never trust a politician. But like go back to 2015 when Trudeau got elected. I was like a mainline IV of like. left wing news into my brain.
Starting point is 01:50:27 And so I was like, rah, raw Trudeau, and if you're thinking of voting otherwise, you are poisoned to society. And I was ranting on social media about it, left, right and center, completely unaware. And then after the election, when he got in, I spoke to one of the friends that I had that I thought would have most benefited
Starting point is 01:50:51 from Trudeau being in office. And I was like, this is one of the people that I voted for. I was doing this for them. And I spoke to that person. I was like, oh, what do you think of the election results and everything? And he looked me dead in the eyes and he said, you made me vote conservative. And I had this moment, like, I was, I was silent for a second. And I was like, what?
Starting point is 01:51:17 What do you mean? And he was like, you were insufferable. You were so obnoxious. You painted it, like, painted everybody with broad strokes and, like, basically broke it down for me of, like, why I was just an insufferable asshole. And I had to, like, internalize that and then go back and, like, reflect and look myself in the mirror and be like, the very person I thought I was voting for literally went and voted the opposite way and canceled my vote out because of my actions, directly because of my actions. And so I kind of had that realization, you know, nine years ago. And I just witnessed an entire country do the same thing. And some of them have begun to have that realization.
Starting point is 01:52:06 But I think a bunch are still waiting to have that moment. But that's what just happened. That's exactly what just happened. It's the craziness of ego too, right? There are some people that will never admit that perhaps the information they have is wrong or their worldview isn't accurate. The nice thing, of course, about moving into the Bitcoin system as much as we can is that if you want value,
Starting point is 01:52:30 if you want to accrue value to yourself, you have to provide value to others. And if you don't have an accurate read on what they actually want, you can't do it, right? If your information is distorted, you can't function. And so it's kind of a self-correcting thing. And, you know, it's funny, again, going back to the bad he's losing, even if, you know, there's a handful that come over maybe one or two at a time, right?
Starting point is 01:52:51 it still feels like a one-directional movement. I don't know anyone who just swallows a whole basket of orange pills and goes back, right? And so even if we, again, going back to the original thing, that we got four years to keep these happening, if you have somebody who was upset about peanut the squirrel, right? Now is your time to talk about how the government kills lots of things, right? There's a whole slew of other things that I can point you to that they've done that were as bad or much worse. and if we keep working bit by bit on those little strays, the people that had the moment like Ben had with this friend,
Starting point is 01:53:27 that you have those opportunities to jump in and go, hey, maybe let's take a look at this. Maybe let's talk about it. And the other thing that I did just want to quickly throw out too, I forget what it was you said that, maybe think of it, but it goes back to this idea of not letting up as well too and the nice little wins that we're having
Starting point is 01:53:44 is that once Frost is out, don't stop. We can still go after we need to, samurai guys. We could go for Snowden. Like, do not be satisfied. It's like, okay,
Starting point is 01:53:54 we'll take our next prisoner of war, please and thank you. Yeah, 100%. This is going to be a hell of a year, you guys. It's going to be unbelievable.
Starting point is 01:54:04 What, what's, I'll tell you what, I'll tell you the one thing, and this is terrible, the one thing that I'm not looking forward to. This is going to be so, so incredible and so unbelievable,
Starting point is 01:54:12 but I'm still kind of holding on to cycles or a thing. I'm going to wait it out for the next one. Are you, saying that it's not the super cycle, Nathan? No, I thought even Marty was talking about it way too early. Like, come on, Mr. Bent. No, it is not. We are so early.
Starting point is 01:54:31 Retail is not even here yet. That's true. Double check. I think we're looking at like four to eight. Four sats per V bite. Everything is four sets per V bite right now. Retail hasn't even remotely showed up and we're already getting super cycle talk. Nah, too soon.
Starting point is 01:54:46 Not happening. Don't jinx it. Yeah, absolutely. Everybody, shh, shh. Quiet. Don't get it. Don't talk about it. Don't notice.
Starting point is 01:54:53 We're not at all-time highs. Well, jents, I think, okay, it's time to put a bow on the whole thing. Let's do it like a quick kind of round of any final thoughts you might have. But more importantly, at the end of episodes, I like to ask the guests to give a recommendation. And this can take any form that you like. It might be as simple as a piece of life advice. It might be a book or a podcast or a website or a device or an app or something. Just anything you think is cool for somebody to check out.
Starting point is 01:55:27 So my general thought here, again, I'm just going to echo my main sentiment from my reason is we've got time. Let's not squander it. Let's build. If you don't know how to build, learn the tools and share them and share the skills with others as you learn them. In terms of recommendations, I will once again shill the sad market. And so I've got the sat market. If you're on Noster, please give this a scan. You can follow the sat market, even if you're not in and around Calgary and you can't make it.
Starting point is 01:56:05 And we will be dropping info on the dates. But it's going to be in and around the weekend of the 14th, 15th of December. So full Christmas, we're going to hit them. mountains and then we're going to have a market in calgary as well uh so it's going to be it's going to be a good time and just like fun hanging out with bitcorner so please do follow on nostr uh or if you don't want to scan the qr the end of the uh nipo five is btc sat market at getlb you'll be able to find us there. Or if you're not on
Starting point is 01:56:36 Nostri yet, which, come on guys. Then you can head over to X and you can follow at BTC Sat Market and there'll be links there that you can also follow as well. But if you can't make it, learn from what we're doing, try and emulate it and build
Starting point is 01:56:52 your own local circular economy because I can think of nothing that it is more unfuck withable than local connections with people that you know exchanging sats for goods and services it's really hard to shut that shit down so let's fucking go aladdin tossing it to you final thoughts recommendations go ahead uh this year's holidays with the family is going to be a really special for everyone in bitcoin um it's going to feel really
Starting point is 01:57:23 good i mean we've had a couple good ones if you've been in for a little while but this one's going to be really good my thoughts and recommendations isn't on a particular product it's It's on your family. Be proud. Be very, very proud. You made it through the bear market. You made it through the hell. You stuck with it.
Starting point is 01:57:42 And there's a lot to be proud about being a bit coiner that stayed with it. At the same time, be compassionate. That is what we all need across this world right now. Be compassionate with your family. And if there's anything you can do for them, just getting them started with even a thousand sats. Something to watch. The worst thing is when you get people into Bitcoin, in a bull market, in a run. Yeah, we still got room to go.
Starting point is 01:58:10 I don't know where we're going to be. Thanksgiving, Christmas, whatever holiday you have with your family, whatever that time comes, New Year's. Most people that buy the top or buy on the way up end up getting wrecked and then they leave and they're angry and bitter. The best way is just getting people off zero. And off zero is a thousand sets. And there's really fun ways to be able to do that between the family. You can play games, Yotsie, whatever you want to be able to, here's 100,000 sats, and we're going to play these games, and each person can win.
Starting point is 01:58:43 Make it really fun, get people involved. Be proud, be compassionate. And my advice for Ben, the thumbnail for this, why are we bullish, should be, why are we based? Because this is quite a conversation with you guys. It was amazing. Awesome. I just love being here with you. Love it. Awesome. Thanks, Aladdin. Nathan, you're up. Final thoughts, recommendations. Go ahead. All right. I got two recommendations, two things that I'll throw out there. First and foremost, for all the Bitcoiners that haven't already, don't forget to make Bitcoiners the old-fashioned way, all right? Go out there, make some babies, make it happen. Let's grow our ranks. We know the recipe. It's a great way to do it. 10 out of 10, recommend.
Starting point is 01:59:26 The other thing that I'm going to throw out there, because it's something that's actually been incredibly velding. valuable to me is I'll just actually make two quick book recommendations. There are tons of things outside of Bitcoin that you can do to level up your skills that can have huge dividends. And one that's helped me tremendously is studying both like communications and negotiations and things like this too. So my other like easy practical kind of recommendation, as for anybody you can listen to an audiobook, you got time to pick up something to read, grab, Never Split the Difference by Chris
Starting point is 01:59:55 Voss, one of my favorite books. And the other one is start with Noah by Jim Camp. Both of those for me have been unbelievably helpful in just navigating and, again, building better relationships. Awesome. I've recently read Never Slow the Difference and Start with No is on my list of next reads or next audio books. But, yeah, it's again, super valuable. I really, really enjoyed the first one there. And I'm looking forward to the next one.
Starting point is 02:00:27 So, yeah, great recommendation. Awesome. Well, gentlemen, it's time to cap it out. I really appreciate both of you joining and David as well. It was a blast. And yeah, I mean, we're in for a hell of a, not just end of the year, but like, 2025 is going to be so, so interesting. There will not be a dull moment, I don't think. So I will be seeing you guys, of course, all of you, David included in person.
Starting point is 02:01:04 I'm going to be, you know, will be a gallimanting globe at events and everything. And damn, let's get to work. Yeah, thank you guys so much. That was awesome. You're both welcome back anytime. Beautiful. Thank you, brother. Thanks, guys.
Starting point is 02:01:22 Have a good one. Wonderful. Thank you, Ben. Later, Aladdin. Cheers, guys. Awesome. And everybody, thank you for sticking around and enjoying the show. Make sure, of course, you do like, subscribe, share all those things help a ton. The previously mentioned sponsors are, of course, down below in the show notes. And then on which side, this side, there we go,
Starting point is 02:01:44 over here. There's a QR code for you. So we were talking about Bitcoin mentor earlier. We've got an awesome team of educators. Nathan is on it, along with a bunch of other incredible, incredible, knowledgeable Bitcoiners that can help you through just about anything in your Bitcoin journey. But many of you here may already have leveled up and are going to have a lot of friends, family, and acquaintances asking you, where the hell do I learn about Bitcoin? I need some handholding. But you can send them to us. You can scan that QR code. You can sign up as a Bitcoin mentor affiliate that will give you your own special link. And when you share that link with people. If they come and they book a session with us, you will get $21 in Bitcoin.
Starting point is 02:02:25 And that's not just for their first session. That's for every single session that they book with us. Somebody books 10 sessions. There's 210 bucks. And so you can share this. You can share this around with anybody that is curious and wanting to learn. We will make sure that they have the best practices and you get to stack stats while new Bitcoiners stack skills. So I can't think of a better way to go ahead and build your stack. Anyways, with that, I am out. Have yourselves a wonderful day or evening, wherever you may be.
Starting point is 02:02:57 See you guys next time for your daily session.

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