BTC Sessions - WHY ARE WE BULLISH? David Branscum, Aladdin (BTC Cards), Nathan Fitzsimmons (The BTC Mentor) ep451
Episode Date: November 9, 2024FOLLOW TODAY’S PANELISTS: https://x.com/DavidBranscum https://x.com/btc_cards https://x.com/theBTCmentor FOLLOW BTC SESSIONS on X/Nostr: x.com/BTCsessions btcsessions@getalby.com BOOK private one...-on-one sessions with BITCOIN MENTOR! Learn self custody, hardware, multisig, lightning, privacy, running a node, and plenty more - all from a team of top notch educators that I've personally vetted. https://bitcoinmentor.io/ JOIN OUR AFFILIATE PROGRAM, EARN BITCOIN FOR REFERRALS! https://bitcoinmentor.io/affiliate-registration/ 💪 SUPPORT THE SHOW: Use The Bitcoin Well - my favourite self custody bitcoin platform in Canada and USA! They offer KYC free accounts, 1% spread, no on-chain fees and tons of other incredible features. Check them out at: https://bitcoinwell.com/btcsessions COINKITE offers the BEST Bitcoin hardware on the market. Use this link to get 5% off anything in their store: https://store.coinkite.com/promo/BTCSessions HODLHODL is a NON-CUSTODIAL, ANONYMOUS solution to stack sats peer to peer! Buy and sell Bitcoin while maintaining privacy. Sign up and try it out today! https://hodlhodl.com/join/BTCSESSION Speedwallet - your one wallet to send, receive, shop & earn. Simple, fast and convenient! Download now, use code BTCSESSIONS10 via this link & get 5,000 SATs on your first transaction. https://speedbtcwallet.onelink.me/cGph/ssbtcsession Bitcoin Keeper - No account creation required, use your own node, create multisig wallets, use inheritance document templates for smooth inheritance planning. Use the code BTCSESSIONS30 to avail a 30% discount on your first subscription. Learn More: https://bitcoinkeeper.app/ DEBIFI is a non-custodial Bitcoin backed lending platform with institutional grade liquidity providers, loan periods of up to 5 years, and no rehypothecation of your funds. Find them at: https://debifi.com/ #Bitcoin #Btc #Crypto
Transcript
Discussion (0)
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.
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.
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.
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.
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.
We'll see you in just one minute.
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are in the show notes down below all right we are back in it's time to bring in our guests and start
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.
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.
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.
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.
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.
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.
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
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.
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.
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.
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.
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.
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,
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,
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.
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
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.
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.
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,
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,
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.
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
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
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.
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
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
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.
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
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,
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.
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.
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.
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,
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.
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?
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.
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,
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
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.
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
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.
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.
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.
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?
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.
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.
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
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
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.
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,
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.
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.
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.
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.
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
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,
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
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
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.
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.
Keeper is a fully open-source Bitcoin app created to help you stack Sat's long term.
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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?
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.
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,
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.
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.
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?
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
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
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,
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.
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,
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?
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.
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?
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,
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.
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.
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?
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?
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.
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.
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.
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.
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
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,
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
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.
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.
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,
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
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.
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.
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
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?
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.
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?
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.
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?
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.
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.
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?
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.
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
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.
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
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.
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.
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.
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.
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
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.
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?
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.
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.
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.
We'll be back in about 30 seconds.
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All right.
So we're going to give some stats away real quick.
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.
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.
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.
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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,
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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.
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You can share it with those people.
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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.
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.
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.
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.
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
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
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.
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.
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.
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
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.
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
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.
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
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.
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.
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.
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.
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.
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?
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.
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.
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.
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,
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.
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?
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.
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.
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.
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.
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.
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.
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,
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
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.
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.
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.
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.
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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.
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.
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?
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.
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.
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.
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.
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.
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
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
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
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.
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,
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
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.
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,
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
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.
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
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.
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.
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.
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.
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.
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.
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,
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.
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
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.
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.
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.
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.
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.
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
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?
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.
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,
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?
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,
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
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,
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.
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,
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.
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.
Not happening.
Don't jinx it.
Yeah, absolutely.
Everybody, shh, shh.
Quiet.
Don't get it.
Don't talk about it.
Don't notice.
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.
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.
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
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
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
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.
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.
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.
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.
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
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.
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.
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.
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,
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Anyways, with that, I am out.
Have yourselves a wonderful day or evening,
wherever you may be.
See you guys next time for your daily session.
