BTC Sessions - WHY ARE WE BULLISH? Greg Zaj, World of Rusty, Deniz Saats ep445

Episode Date: October 12, 2024

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What's going on, everybody? Welcome to the show, another Friday, another episode of Why Are We Bullets. We're going right going right away. We're going to bring in everybody out the hot because it's a bit of a D-Gen episode. So I've loaded up on a beverage because I'm going to have to tolerate these guys for the next, God knows how many minutes. So let's just get them up here. Rusty, Greg, Dennis, welcome, gentlemen. Thank you for being here.

Cheers to you all. thanks for joining me for Why Are We Bullish? How was everybody doing? How come you guys put me in a backstage room by myself? I was just back there in black states. I was trying to talk to you, Greg, but they put us all in like separate rooms as well. In isolation.

That is not going to do it. That is what happened. A number of people tuning in may have no idea who the hell you are. I'm going to say most people. So let's do a quick round of interest. Rusty you up first. Can you let people know who you are, what you do? Yeah, Rusty. I do graphics for Bitcoin. That's being. I am chief editor at the meme factory that doesn't exist.

Yeah, I make I make cool pictures. That's it. That's my intro. You've done a few for me. I've got, I'm looking at two on my wall right now. One is actually. You're still the only person that bought my artworks. So they're one of ones. They're, yeah, they're fantastic, I will say. Are you up to the task again for the Christmas show this year? I'm glad you asked. I'm glad you asked, Ben. I am. I've already been thinking about it. Pressure's already mounting.

Nice. So I've got to think up, got to think up some ideas here. I better get you a playlist, a guest list. We'll see how that goes. Well, let's keep on with the intros. Let me just switch something up. Factory meme. Greg, welcome to the show.

Let people know who you are, what you do. Hey there. My name is Greg Zadge. I make Bitcoin memes. One of the founding members at the meme factory, which obviously doesn't exist, even though we're apparently sitting in the factory currently. Yeah. And potato farmer as well, correct?

Well, working on being a potato farmer. We need Bitcoin to moon a bit before we can open up that farm. But I've got dreams and hopes of potatoes in the field. Okay, fair enough. Glad to have you. We'll jump down to Dennis, communist extraordinaire. Dennis, welcome to the show. Can you let people know who you are, what you do?

Sure. Hey, guys. My name is Dennis. And I made one meme. I don't work at the meme factory, and I'm pretty sure the meme factory is real. And I've been labeled as a communist today, so I'll take it. Pretty bullish crowd, we'll say. Well, that's fantastic.

You know, everybody knows the drill, but we're all bullish about something around Bitcoin and we're going to drop those reasons in sequence. I'm just going to get started out the gate with my reason for being bullish and then we'll riff on it a little bit and then we'll rotate to the next person. So I am bullish this week. actually because of something I just saw as I was perusing my feed. I'm going to share something on the screen here. Let me pull it up. Yeah, and I want to bring up the reason why I like this. So what does it mean when micro strategy surpasses Coinbase in market cap to become the largest public company in Bitcoin and quote unquote crypto?

Number one, Bitcoin Treasury Strategy Works. Number two, concentration on Bitcoin outperforms diversification in crypto. Number three, institutional confidence in Bitcoin over broader crypto. Number four, proof of long-term vision versus short-term gains. And number five, positive impact of Bitcoin's increasing institutionalization. What stood out to me most was the immediate reply here at the bottom. It must be extremely embarrassing for Brian Armstrong, who, who, had like a decade head start and could have accumulated Bitcoin at like $10, but he messed up.

Sailor is one, and now he will blow out all other market participants. And so the reason I like this is because Coinbase is just a massive shit coin. Like they have a long history of just sucking ass at everything they do. But furthermore, exactly that reason they blew this decade. long head start so badly. And I always say that there's kind of three key tenants to like a pretty easy life as an individual, but I think they also play out on the corporate level as well. Create value for others, spend less than you earn, and save in money that nobody else can print.

And Microstrategy has been doing that because they're a profitable company. They create a service. They do something that actually continues to make them money. So they've got the create value for others. They've clearly been spending less than they earn because they're able to accumulate Bitcoin as well. Obviously, there's some debt that plays into that too. So we'll see how that plays out.

But then number three, they've been saving in money that nobody can print. And Coinbase, on the other hand, number one, they have not, I will definitely say they have not created value for others. They've been extracting value from others through promoting degenerate gambling and all of the shit coins that they list and all of these things. They have been able to spend less than they earn because that makes you bank when you tell

people how rich they're going to be from gambling. But then again, they miss on point three. They had a fucking decade to be stack and sats. And comparatively to, you know, what sales. has been able to do in a few years versus the decade plus that they've had, they kind of shit the bet on that. So like they've, they've, I think you're going to see more of this in the future where they're, you know, like the tweets before said, the people that are able to offer like a solid service

in the long run, even if it's not as lucrative in the short term and predatory in the short term, it will, it will prove out to be a much better strategy. And again, saving in something like Bitcoin is key. So I hope that we continue to see this play out. Obviously, as the market ebbs and flows, all of the, you know, all of the degenerate shit coin exchanges will seem like they're doing incredibly well during bull markets. But whether or not they exist on the other side of a bear market is an entirely different thing. And I think that kind of whittles down a lot of the market to kind of show,

where value lies. In terms of me, I don't, like, this isn't me saying go out and buy micro strategy. I don't own micro strategy. I have no intent on owning micro strategy stock. I'm pretty sure I've even seen interviews with Saylor where somebody's like, should somebody buy Bitcoin or micro strategy stock? And he still said Bitcoin. So, you know, take that for what it is.

But I do like the idea of, again, people just being good at, something and then with their excess earnings saving in sound money. So gentlemen, I'll open up to that to you. I don't know. How do you feel about this general topic or the tweets that I brought up thoughts? Number one. I mean, I'm all for any tweet that uses the term blowout, first and foremost. That's a winner right from the get-go.

But it pairs very nicely with the other news recently. where BlackRock amended their contract with Coinbase saying that if they want to withdraw any of their coins, they have to make them available within 12 hours, which speaks to the fact that Coinbase doesn't actually have all the coins they say they do. I promise you. And I cannot wait until they are shown to be insolvent. That's going to be a fun day for everybody who loves to hate on them. And it's going to be an instant win for MicroStrategy who has to show their coins all the time. Yeah. Now, the irony here, though, where does micro strategy?

Because is it Coinbase? I don't know, honestly. Everything I keep hearing says Coinbase. I think so. Can you imagine the guy who got the general micro strategy right gets fucked by just custodying with the shittling with the shittier company that? has been shit coining and extracting value from others. That would be unfortunate, but also like, it could be a lesson in that. We'll see. I'd like to see how their custody contract is structured. I wonder if it's similar to Black Rocks where like it has to come out within 12 hours.

That could be, yeah, perhaps. I don't know. I don't know the specifics of that, but I don't know. If Sailor sees this, get your shit off Coinbase. He's got to know. I'll message him now. Hey, you've been on here before. He stopped replying to my messages.

Yeah. I personally enjoy that we're bringing up micro strategy because yellow is probably getting triggered. He actually enjoyed that we got to 58K earlier. Well, supposedly got to 58K earlier. this this week. And because at least people would talk about something other than market strategy and like, here we are. Yeah.

Oh, we got, we got the, we got the breaking in the chat here from Jay. Fidelity holds micro strategy. I will say at least fidelity, again, even like with the ETS, at least Fidelity was like, we don't want to trust other people because they're the ones that did the full like self-custy for their fund. So, I mean, if you own the fidelity, ETF, you're still trusting fidelity, but at least fidelity isn't trusting somebody else. So they're taking responsibility for their own shit. So insert like curb your enthusiasm,

GIF of like, but yeah, is what is. Dennis, I don't know. Do you get all your facts from from Jay? No profile picture? I do. I do. That's a reliable source. Yeah, don't, don't Google it. Um, Jay. for sure. There's no reason to look into it further as far as I'm sure. Uh-oh, yellow's mad.

What else is new? Yeah. It doesn't matter. It gets triggered by anything anyway, so we'll just have some triggering. Yellow. You know what? Yellow hates the 508 gang,

mainly because I think they're the ones that release the picture him in the bed with Diddy. It's a low blow. Rusty, do you? Yeah. I mean, there's the Christmas show, you know, the thumbnail right there. Just a big picture of diddy and lots of baby oil and yellow. It's a white party.

Yeah. How quickly can this channel be demonetized is the call. Oh, Greg Carrey and I can sort that have for you, if you like. We've tried it on the meme factory. We're not successful. Yeah, I guess if you guys still exist or don't, then, I mean, I shouldn't be too worried. You're telling you. Calling everything a stream test is the way to go.

Yeah. Dennis, what are you, are you pro-micro strategy? Are you loading up on MSTR? Not, no. I have one share of MSTR. So that's how bullish I am on MSTR. And I'm super bullish on Coinbase as well. If you guys can, just make sure you leave.

everything there like leave all your coins on coinbase and brian will take care of it don't worry okay this is a 58k thing yeah definitely this is he's part of the yeah he's part of the cabal yeah brian's leave over the on coin base i mean it's a 58k it's easier to do things with price if all the coins are on one american exchange that's all i'm saying so maybe maybe everyone should leave their $10 worth of Bitcoin on Coin days. That's just my opinion. Wait, is anyone seeing Dennis and Brian Armstrong in the same room together?

They do have the same fallout look. Yeah. Yeah, Brian's a good guy. Well, seriously, like, he's pretty cool. He gave that, like, what was it? The exit package for all the woke people. So that was kind of cool.

I'll give them that. Okay, that's fair. You're woke. Here's your money. But I'm a communist, so I like woke, right? Who knows? It's true of a newer way to do it. Yeah.

It's pretty much the playbook for exchanges. Like get into Bitcoin exchanges and then and then fast track by selling shit coins. Like it's like pretty much the playbook. And the people that do it end up failing. the people that go slow and they're the ones that hang around so yeah yeah do you think this um do you think that long term uh this general concept extends out to just companies as a whole like let's as gradually bitcoin gets more of a foothold in terms of just day-to-day use and dollars are less and less desired. It's a little bit harder to, you know, at some point, there's a tipping point where

it's just like, well, the fiat currency is, is, you know, useless, I imagine, or like, which one are you dealing with. But does it become more difficult to keep zombie companies alive, like, ones that just have no real income? You know, like, there's, there's just like perpetual investment in, like, tech stocks that create nothing and have no positive cash flow. And in a world that's no longer fiat at its core, is that even possible? And so at that point, do the companies that actually do create value, do they rise to the top? Because we kind of haven't really seen that. It's just like big companies that, you know, get hyped, get hyped up and are just bit up

and price multiples versus their revenue. So like, does that continue to exist? I don't know. Good. That's a hard question. Because at the moment, companies have to like double their productivity every year to like stay alive. So you end up with this like, you know, bad incentive and buying companies and buying

back stock and all that kind of stuff. But then, but then Bitcoin, if you hold Bitcoin, you can be a, you know, a reasonable company and still stay alive. So that's like a, I guess that, you know, that's it. It's an interesting concept. Or if you're a dying company and you just hold Bitcoin on your balance sheet, you know, and just turn into another Bitcoin ETF. Yeah.

Yeah, that's fair. I'll lean the wrong way. Greg has no tip to touch. Are you going to put Greg back to me in any stage during this stream, just so we can line up our backgrounds? I mean, what I should. Let me just do a little shuffle here. There we go.

There. Factory meme. Best podcast out there that doesn't exist. Wait. Does it exist? I couldn't. Rusty, is your microphone functioning? Yeah, I saw the joke. I saw the joke earlier.

That's it. Dennis, you can hear me right. I can't. Is Rusty speak? My settings real quick. Yeah, okay. All right. Ben will be on my side.

Ben, you can hear me right. What was that? Choose wisely, my friend. Well, yeah. So again, in general, I think we'll just see a gradual flight to people that can actually be productive and create things that are useful to others. And we'll just see the, the shit coins of society, both figuratively and, and in reality begin to disappear. It'll take some time, though. But either way, it's nice to see, you know, Michael Saylor and Microstrategy actually kind of

rise out of obscurity to where they are now. There's a quick turnaround there. I think we end up seeing different kinds of zombie companies, right? Because I think you're still going to get government tax receipts and anything a large government wants to prop up, they'll be able to do with, you know, discretionary funds, let's call it. You're still going to see companies that don't really produce much of anything but might be beneficial to be around for a government. But people will be like, why has that stock price going up? I don't understand. Well, they have lots of investment. Lots of public sector.

or investment. Yeah, that's fair. That's fair. All right. Well, gentlemen, I'll put a bow on my topic here. And we are going to do a rotation and again, another reason for being bullish. Before we do that, I'm going to do a quick shout out to a couple show sponsors here. And we're going to give away some sats.

And so anybody in the audience that's watching, get your lightning while it's ready. There's going to be a QR code on screen. And the first person to scan it when we get back will get to claim the sets. So we're getting ready. There we go. We have a distinct advantage because there's like a few second delay getting stuck in two. I mean, there might be. Actually, you know what?

One of the episodes, one of the guests did take it. I was like, nobody take this. And then one of them did. But we will be back momentarily. Quick shout to the sponsors. See you guys in just about a minute. Bitcoin Well is on a mission to enable independence by being one of the easiest and quickest ways to purchase Bitcoin in Canada and the US. The best part about it, every buy goes directly into your own self-custody.

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And depending on the spin that you get, you can win anywhere from 500 sats up to a million sats. I think two or three episodes ago, it was 210,000 sats that popped up. So we'll see what it is today. But either way, I have those lightning wallets ready. I'm going to hit play now. 500 points into the well. And off it'll go.

Whoever scans it first, I'll make it larger. But there you go. 500 sats. It's not 210k, but whoever scans that first, I'll give it a minute for people to grab it. But congrats to whoever gets those sats. Let me know if you do in the chat or wherever you're watching this show. No, no, Greg. Rugged. No, that's like a year of foldspins. No, shots fired. Oh, man. It's spicy. Well, hopefully somebody enjoys those. There's a knack sads right there.

Awesome. Well, we're going to keep going, and let's see. Who am I going to throw it to? I guess, I mean, I don't want to mess up the perfectly placed backgrounds in the bottom. So I'll go to Dennis first, and Dennis I'll ask. Yeah. Dennis, I'll ask you, why are you bullish? I'm pretty bullish on sentiment because everyone was pretty upset.

the last like maybe two or three months. I don't know if we're still in the angry phase, but I think we're, there's some really angry people at me. But in general, yeah, I think just sentiment. Everyone's like pretty bored. Yellow keeps calling me a communist. There's one account that keeps telling me

that I should buy this Vaseline for, I don't know, some weird to do some weird action with. Dennis has to be sacrificed. Yellow's crying. Yeah, 58K until the crying stops. I'm looking through this whole feed on like what everyone tagged me in. Some people were capitulating and some people said I capitulated. I was just showing, I was just tweeting like what the,

price might be so I said something other than 50k so I guess you could say that's a bullet sign or that could be the top and we're just gonna go lower yeah I'm I do get that vibe that we're rounding a corner there's a lot of a lot of a lot of spicy bitterness over the last little bit there's still remnants of that I think I but it's we'll see I'm I'm I'm I'm priming up to get the same. I mean, do you guys recall the, I'm trying to remember, there was a live stream as we,

like I think it was like a spaces or something as we broke the previous all-time high in the like winter of 2021. And, no, not of 2020, rather. But it was end of the year, maybe in around December or something. And everybody was just so jovial. And there's like hooting and hollering on, on a stream and everybody's all excited and then like the morning of

the American Hoddle's taking a video of him like pop and champagne that he's been sitting on for like a full for a full cycle and yeah it was that vibe I think I wonder what that moment will kind of feel like because it's weird this cycle we hit

a new all time high prior to having but like just and that's kind of an odd thing and i think that maybe came from like we kind of got screwed out of a a bigger all-time high last cycle because of the china mining ban and f tx and all of that shit um and so like i i wonder if that kind of has tempered expectations for this time around and also allowed for us to hit what's perceived as higher prices earlier on. So I don't know. What do you guys think?

Are we still talking about sentiment? We're talking about, I don't know, 58K things. They're all confusing. What is the sentiment around the conversation about sentiment for you, Greg? I mean, I love the sentiment. Mint. Most of the time when I get my toothpaste, I go for a mint scent and it's delicious. Semi, semi mint. Semi mint. It's like a demi mint, a gloss. It's like a matte finish, but for mint.

How are there some people watching this? Sentiment. I'll give you the, uh, McMillera. Sam, people don't know about sentiment. You know, sentiment is, I was born in a middle class family. and we we talked about sentiments all the time and the sentiment now seems to be sentimental for 58K and it's you know it's definitely the last time we'll ever see it again uh last time last time no i think i think dennis is right sentiment right now is odd i'm not sure i'm bullish on current sentiment. I see a lot of doom and gloom out there, which is, which is kind of silly, especially because like Ben mentioned, we already hit a new all-time high right before the

having, which is bullish in and of itself. But I definitely agree with Ben that it's kind of tempered people's expectations for the price run. I don't see many people calling for, you know, the million dollar candle, but I also don't see many people calling for much above like 100,000 this cycle, which I think is a little ridiculous. I think it's going to get fun. And those are my sentiments. That's valuable, valuable. Rusty. I like it that, yeah, I like it that Bitcoiners have a way of like spinning whatever narrative we need to like to get ourselves into the, into the right sentiment. Like we, we hit all time high, but then we don't go higher and we go sideways for six months. But it's because it's not adjusted

for inflation so we haven't actually got to the to the top yet we haven't reached all-time high so we'll just we'll like mix it up that's the that's the that's the that's the that's the reason and then my favorite one was when uh pomp was like he's putting all these tweets out saying that historically every time bitcoin's hit in your time the price has doubled within 17 days and uh and like everyone's just yeah here we go here we go it's going to happen and then like sideways for six months But adjusted for inflation, we haven't here. So once we get to like, I think it's like 78 or something or like 80 or whatever, then it's all time high. And then we double within 17 days.

Yeah. It's it's almost like when there's a where there's like a doomsday cult, but except for this is like a moon cult. And so like when the date comes and passes, it's like, oh, no, it's because we weren't pure of mind. Because of SBX or, you know, it's because of the selling coins from Germany and stuff. Yeah, it's happening. It's still happening. The funny thing is all of those little things probably do play into it. But it's the crafting of the this is for sure why kind of thing, I suppose.

I mean, I'm fully guilty of it too. I'm like, oh, obviously it was if not for FTX and the China mining ban, it would have been 100K easy, right? We would have lost DSB. Yeah, 300, you know, 800K, easy, easy, 800K. Wait, to be clear, guys, you want price to go up? I don't understand. We know.

I don't get it. We're not fan of your comedy price controls at 58K. Put in the cereal, who is often full of insightful comments said that, Spoiler alert, 58K gang doesn't exist because 58K is a moving target. They're stealing our IP now. That sounds like cope, but okay. I love it. Yeah. I don't know what to expect this time around.

I feel like all of all expectations are kind of being blown out of the water since the last cycle. Like everybody thought that, oh yeah, X number of multiples for the, you know, for the all-time high, oh, we're going to go past 100K easy. And then we get through, we get to the bear market. And it's like, oh, Bitcoin never, ever goes below the previous all-time high. And then, you know, liquidations abound. And then, oh, Bitcoin doesn't go above previous all-time high until like, you know, after the halving.

And that gets blown out of the water. And now, you know, oh, it's it's diminishing return. is it? I don't know. We'll see. What you're really saying is all your models are destroyed. Yes. Yes. You get that. Yeah, yeah, yeah. Yeah, pretty much. Thanks. Thanks, Saylor. Appreciate it. Yeah. Yeah, I don't know. As I feel like we should at this point in the show, we should just, as true D-Gens do, just start throwing out numbers. Dennis? What's your price? What's your price prediction? What could it possibly be?

I said 108K for 2025, but we'll probably go back to 58K. Just letting you know. When 580K, though, is the true question. And why not 116 then down to 58? Because the line on my chart doesn't say 116, Greg. It says 108. We're giving you easy buckets here. You're just listen.

Greg, tell me. We had James, we had James lavish on the show, on the manufacturing show the other day. He said 100K by the end of the year. He did. He did say that. That's what he said. It's like, yeah, we haven't heard that one before. I don't.

Yeah. I like James. I just, I feel, I feel like I'm like PTSD here. Like, don't expect a 100K. I mean, if I have PTSD, then yellow must be like, Anytime he's not actively, you know, in any sort of space, he just rocks in the corner. Like, I, yeah, I, I, I am not, it's like my brain can't comprehend that finally actually happening. Yeah, I'm hearing that.

It's like, at this point, I'd be happy with, like, 66. Like, I'd be stoked. Yeah, I don't know. Craig, what's your, do you, how accurate do you think James was? I'm with James. I think we clear 100K before the end of the year. I expected faster movements, honestly, at the start of October. But that's what she said.

Bitcoin definitely, definitely surprises me every time. It doesn't let me have a correct prediction. But I think anything between 100,000 and a million spare game, None of the prices in that range would surprise me. That's true. That's true. Hey, do you want to hear how I should have known it was a local pop last cycle? Oh.

Okay. So me sitting in my house with a friend having just way too much whiskey, celebrating life, and literally just drunkenly, repeatedly saying, it's like a cheat code for life. That should have been an indication that a local top was happening. And it was in and around 58K. So I will say that that was a good job, Dennis. We did obviously go on to surpass that.

But I should have known that something about that price point was important. When it feels too good to be true, it usually is. Yeah. Yeah. We know that feeling. Yeah. So again. So I guess the warning to everybody here is if at any point during this cycle you are drinking and celebrating and thinking you know it all, that's probably at the very least a local pop, if not the top of the cycle.

Excuse me as you're feeling like a real genius. suppress the euphoria for as long as you can yeah it almost bothers me now when I see like you know we're obviously tap 58 and then we get to like 62 63 and everybody's like oh we're pumping and I'm like

okay let's rain it in a little bit everybody let's uh everybody knows the whole market doesn't stop until John Pallas tells Bitcoin to fuck him already. Come from John, that's great. Awesome, awesome. All right, gents.

Unless Dennis has more insights in and around his reason for being bullish, then we can blow on it and rotate. Dennis, anything else? I'm pretty happy. on finishing up your topic. Pretty happy with how things are going. Okay. All right.

Positive sentiments. I'm getting these vibes. Okay, great. Awesome. So what I'm going to do here is we'll go to... You're going to switch our screens? Is that what you're going to do next? We're going to go to Ruffles here.

Oh, my. No. And Rusty, I'll key you up with the same question. Why? Why are you bullish on hashtag? Wait, wait, wait, hold on. Why are you bullish? My euphoria.

Why are you bullish on hashtag factory meme? Nice. Yeah, I'm bullish. I'm bullish on Bitcoin for a few reasons. One I thought about was that I'd have to be an absolute moron not to be bullish because I am like all in. So like, imagine. being completely all in on something and not being bullish on it like Dennis.

No, that's fucked up. I'm sorry. I had to buy one MSTR share because of how not bullish I am of Bitcoin. Love it. Nice. So that's not that's number one. That was the easy one. The second one, actually the second one was to do with culture.

Like I've noticed a lot of the Bitcoin culture. A lot of, um, the shit coin is say like, like, Like, Bitcoin culture is dead and like, but I've had a couple of anecdotal situations now where I've been out. And I've just been chatting to someone and they're talking about like education suddenly that, you know, and how bad education's getting. And then and then we'll have a chat about that for a while. And then they'll start, they'll bring up hints about, you know, government and whatever. And then and then we'll get like a, we'll get some food across and then we'll start talking about food.

And they start to talk about how they're like a carnivore or sort of like carnivore or like, and I was like, whoa, whoa, whoa, hang on a second. Are you a Bitcoiner? And they're like, oh, that's funny. You should say that. I'm actually into, I actually do. We did buy some Bitcoin a few years ago. It's like a, so I'm, I'm noticing that the culture of Bitcoin is, is there.

And I'm enjoying, like, finding the people that not just have Bitcoin, but then, these are people that aren't in our, like, Twitter, Bitcoin, Twitter universe. They're like, they're just people that have bought Bitcoin. and and just have it. But somehow they've also cracked into the eating and education and government and all this kind of stuff that like, so I'm bullish on that. I'm bullish on improving society bit by bit. I had another, had another bullish thing the other day.

I made this shirt and made this hoodie and it's got Meme Factory. It doesn't exist. And I got my, I got my, I got my. I got my Maxis. I like that it's I like that it's backwards just like the name of factory. It's perfect. Oh, I see. Yeah, okay.

Backroom. And then I've got this little, the Bitcoin logo on the sleeve. And I was showing my wife. I was like, what do you think? What do you think of my? And she said to me that she thinks the Bitcoin logo needs to be bigger. on my arm like come on that's i mean it's it's happening is that how we know but but my um but my um but my by my actual uh reason for being bullish today after all those little things is um have you and i'm

hoping you've looked into this man i'm sure you have uh the the the podcast the other day with mechanic and that guy that hacked the tesler um and they they just came out with datum um it's like a Oh, you haven't seen it yet. Okay, excellent. So go go watch it. It was a podcast from Preston, the drunk, the drunk Gandalf. And he got the mine. So they've got this software now that sits on top of your miner because Ocean has got the whole

decentralized mining thing. And it's super cool. So they've been trying to get the Stratum v2 happening for a while, but it's quite a large project. and quite bulky and so they're having having troubles getting it kind of adopted. But they've got this new software package now that sits on top called Datum, and it allows miners to make their own block templates, but super easy, lightweight. And yeah, I'm looking forward to you looking into it and potentially chucking it on top.

And yeah, so now it means that you can go mine with Ocean, and you can put this little package on top of your node and your mining equipment. And yeah, you can make your own block templates. They've got a whole system about how they split the coins depending on who, you know, what kind of block template you have. So if you're putting up block templates that are only taking like low fee transactions, that's kind of like cruel to the rest of the pool. And they've worked out a way of making that so that you, you know, that people aren't,

you know, so there's, aren't like, or penalized for you putting up a block template that is against the rest of the pool. I've got all these systems involved. So it's like creates over a long term, creates like a fair system. But it like, it's, it's amazing that that's like solving such a big of the mining decentralization problem of having like a small amount of mining pools deciding what gets into a block. So the other cool thing about it is that if you happen to be the person in the mining pool that gets the block, you get to put in your name on that block.

You know, so so you can kind of say, hey, yeah, there we go. That's the one. You know, I waited three years with my bid axe. And I finally am the one that found the block or whatever. and there's my name on the on the block that i found and stuff like yeah so um i think that's like super bullish you've got it you've got to watch the episode it's um yeah it's really cool i can't wait for you to do like a uh a tutorial on it or something that's what you're awesome you're bullish on miners doxing themselves yeah obviously you can uh you can put a you know not your own name

if you want gregg so you don't i mean i probably would i never use my own name no Yeah. Yeah. I obviously wouldn't because I'm not, I'm not, you know, I'm not self-absorbed. I'm clearly having absorption problems, too. Potatoes are not. So, yeah, I'm super bullish on that decentralizing, decentralizing of mining. I think that's actually, it is, it is pretty cool.

And the decentralized mining is kind of coming from a, a couple places. Like obviously it's it's very important that individual miners, like if you're part of a pool, that the pool doesn't get to dictate what gets into a block because then it's very easy for, you know, any top down entity, local governments and everything to say like, hey, this pool is located in our jurisdiction. You better not allow any coin joint transactions into your blocks. you better not allow any OFAC non-compliant addresses into your blog. You better not allow any transactions from this country or to somebody in this country in your blog.

All of these things could be placed on mining pools. And if they continue to kind of centralize and not allow individual miners within the pool to dictate what the block template is, that's the kind of thing that can easily happen. And so, yeah, I love this. The other kind of aspect that plays into this, too, is the re, I guess the resurgence of home mining, but more as a hobbyist activity, which I think is kind of fun and cool. Because obviously, if you're mining at home, you're not in most situations, you're not going to be profitable. but you can think of it from the perspective of like a number one a learning tool because a lot of these like bit acts nerd acts even the brains mini-miner things like that those devices are are just flat out not going to be profitable but they're a really good like learning tool like if you're just curious about mining you want to play around that's one aspect of it But the other aspect of it is you, in a way, you kind of have just like if you solo mine, which is, again, contributes to the decentralization of mining.

If you solo mine, then you kind of have like a forever lottery ticket sitting on your shelf. And it's very low power. It costs you next to nothing other than just buying the device and experimenting and learning in the process. And I love that idea. And if a lot of people start doing that, then you can get to the point where individual solo miners around the world are actually kind of eclipsing some of these mining pools. And so I like that normalization of, oh, yeah, well, just I'll plug this into the wall. And like, rather than plunking, you know, X number of dollars every week into a lotto ticket, I'll just do that. And that's my lotto ticket.

And I can just look every day and see if I hit a block. odds are you're not going to, but it has already happened. Somebody on a Bitax, a $200 machine hit a Bitcoin block and made $200 grand plus. So like that, I mean, that's kind of sweet. That's awesome. Now, the other aspect of it, too, is you've got somebody like Future Bit where it's a bit more of an expensive machine. You have higher hash power, but they've also baked into it like Node Software. so you can link up your wallet.

So it's kind of got a dual purpose. Yes, you know, you're, you've got more hash rate, but you're all, and you're probably still not going to hit a block of your solar mining, but you also have like, okay, I can run node software. I can link up my Sparrow wallet or whatever to it. And so at least it serves as a whole secondary purpose to the forever lotto ticket that you've got sitting on your shelf. So, yeah, I mean, I think there's a.

a long way to go when it comes to mining. But the trend with a few of these things, like you say, what's it called again? Datum or datum. Datum, yeah, D-A-T-U-M, I think. Yeah. It's like Tatum, but with a D. Yes.

I mean, Tatum already has a D, so. Is this where it gets shut down the stream? Yeah. But yeah, no, I think, I hope somebody clips this and sends it. to them. Tatum, BTC Sessions wants you to bring the D. You get the D all the time. I also, yeah, I also endorse home mining. Yeah. I also have a D. I think it's awesome. I'm with Rusty. I like seeing more and more decentralized mining. I like seeing the tools for

for decentralized mining keep popping up. I mean, we just had a stream with Steve Barber and Bob Burnett about this stuff. And it's super hard on their end to make a profit and continue offering solutions that basically just don't suck. So, yeah, when I see the fact that people can not just make their own blocks, but have a lottery ticket going in the background. That's a win for Bitcoin. That's a win for the Bitcoin culture.

That's Bitcoin culture bringing the D to everybody else for sure. Yeah. You just thought that you have really nice, Craig. That was good. That's perfect. Well done. Yeah.

Yeah. Have, okay, so curious, Ben, have any of you tried one of these little like home miner things yet or messed around with anything like that? or is that on anybody's to-do list as a little project at some point? Just a few S-9s. That's it.

Nice. Well, that's good. The S-9s are, again, like as a space heater. You can like, they're really good. Yeah, it's great. Like, it's actually pretty quiet. I was kind of surprised because when you turn on an S-9 just by itself, holy shit, it's a jet engine in your room.

But like, you can ramp down the wattage and, like, put, different fans on it. And then it's just like it's no louder than a regular space heater. And in my office is, it does get pretty cold in the winter. So I'll just plug that in and I'm good to go. So yeah, it's great. I can't run it during a stream though, because it's just enough noise to be coming through the microphone. But either way, it's, it's pretty great. I don't know. Greg, are you, are you mining or are you larping? Last cycle, I had a couple of miners running in my garage. You know, we'd open the door up and you hear it was super noisy though. So like I'd open it up and it'd be like, please feed me more.

Like what's going on in there? I'd be like, it's the miners. But no, I had an S-19 and a couple of S-9s running. It was super hot in there. I did end up making a profit, but barely. And kind of just sitting on the miners till we get towards the top of the cycle and maybe throw them one kaboomrack, see if we can offload them. Yeah, that's fair.

That's fair. Rusty, I would like to get into, yeah, I'd like to get into mining. Actually, one of the reasons I, I like the idea of it is because I had solar panels put onto my roof like a few years ago now.

And just trying to become self-sufficient, you know, from off the grid, all that kind of cool stuff. And I noticed that, like, the problem with it is that I needed a battery because I was just throwing energy back into the grid.

And when you, when you buy power, I mean, the price here, at the moment in Australia is about $33.3.3 cents a kilowatt hour. And, but when you sell it back to the grid, they just lowered it to five cents. So it's, so it's like it's not worth putting it back in the, I put like 20 kilowatt hours back into the grid and I get like a dollar. Whereas that when I pull it from the grid, like, you know, 10 times that. So yeah, I like the idea of if I could, if I could

just have a have a minor that like picked up so i'll get hang up here's my here's my here it is there nice there's my that's my production right there and that's my battery filling up right there so what what i'd like is um is assist rather than putting the the energy back into the grid i just have a minor that like realizes that i'm producing more than i need and just like fires up and just start sucking it into the into the minor instead of um instead of putting it back into the grid I think that'd be cool. So that'd be, yeah, I reckon that's where I'll end up going. That's pretty sweet.

I, Yellow really enjoyed that part too. Yeah. Clearly. Thanks. Thanks, Yellow. I'm going to give a little tip to everyone who's mining at home. So make sure that you're not making a profit, so you're forced to sell your Bitcoin, and you're contributing to getting us back to 50K.

So I really like the open distribution of all this that's going on. Yeah, it's great. That's important. It's important. I think so. I hate you. I hate you so much. So we are going to put a ball on that.

Actually, you know what? There's one other thing that I wanted to touch on it because at the beginning, Yeah, touch it. I'll touch that tip. And we're going to bring it back to the deep. and at the beginning yeah yeah I think so Russie you were just talking about sucking all kinds of stuff

off of great that's how they call it in Australia you're soaking it off the grid mate I'm just going to that wasn't bad almost as good as my English accent my RD almost almost I'm trying

I'm trying over here if the main factory did exist and we all know it doesn't You're all soken dolly-dee who's off the grid. I did want to go back to, I can't hear you guys. I did want to go back to at the beginning, Rusty, when you were rattling off one of your four reasons for being bullish. I did want to go back to. I figured like this is probably the only time he'll invite me on.

You probably went, so I may as well just like dump four shows worth on you. That's fair. That's fair. It is a one-time offer. Everyone else has to pay, right? It wasn't just me that paid to get on. Exactly. Yeah, I made Dennis, literally Dennis paid me $58K to be here. Yep. Yeah. I actually offered for it to be only 50, but he insisted on paying the extra $8K. We have charge is totally worth it. Yeah, really weird. That's okay. the plug. You got to say 50K an extra time on the show. So it's nice.

You know the plugs too? Okay. So continuing on. Rusty, I did want to mention you mentioned the Bitcoin culture, which I put in quotations there. But I do think it's a thing. I think it's it's, yeah, don't put it in quotation marks. Yeah, it's, I know I recognize that there are, Like people, everybody's a little bit different in their way that they approach you. But there is a number of things. And I think it's based around low time preference where it's like people kind of take the lessons of low time preference in and around money. And then they extrapolate that out to other aspects of their life, like health or family or whatever it may be.

things that go beyond just, you know, being fiscally responsible. And, and yeah, I mean, I felt I saw that in, I was just down in Nashville at Bitcoin Park. The Human Rights Foundation hosted, it's called the Global Bitcoin Summit. And so human rights activists from around the globe intermingling with bitcoinsers and kind of working on solutions for people that are actually living under tyrannical governments, trying to subvert them in many different ways. And so that part of it was really, really cool. But the other thing that stuck out to me during that event was I'm trying, you know, I'm trying to be pretty healthy, not saying that I don't, you know, partake in the odd,

odd beverage here and there or, you know, I very seldom, but once in a while I'll have a cigar or something like that. But also I am trying to be more healthy with what I'm eating. making sure that I'm exercising and stuff like that. And so while I was in Nashville, I get up early one morning. I go to the gym and gradually the whole gym just fills in because all the Bitcoiners are in town. And it's like a weekend. And it's just the only reason it was full was because everybody in there was a Bitcoiner. And so that was kind of cool.

And simultaneously, they've organized a run for people that don't necessarily want to go to the gym. but like a bunch of Bitcoiners just went for a sprint that morning. And then I'm walking around the conference. And even though it's a meme, 100 a day until 100K, you know, people are like, oh, yeah, you know, like Harry Suttick. Okay. So Harry Suttick, I'm bullish as fuck on Harry because he has taken this, this low time preference mentality to his health as well.

I don't know if he talks about this publicly, but fuck it. I think he deserves some recognition. Dude is lost. I saw him there and I was like, have you been like hitting the gym and eating healthy? Because like you've definitely like slimmed down. You look in good shape. Dude has lost 40 pounds.

40 pounds. And then and then he's like, yeah, you want to, you want to, this is more than one occasion. People were like, hey, do you want to like go drop and do like a 50 pushup? Harry Suttock side by side with me did 50 pushups without a break. Like just crushed them. And like I don't like last time I saw him in Nashville, I don't think that that like he,

I think he was, he had started since then and lost the 40 pounds and is just like smash and pushups like nobody else. He's doing really. And he's also a what I'll notice too is, is he the, the self-control too because like you know people are out we're having a good time and everything but he's like certain night point in the night hits and he's like all right there's multiple

versions of this one of them ends now and i'm going to take that version of it and he's like you know he goes out he has fun he socializes but he's like all right health first and he's just and so i've got to respect this this kind of low time preference health uh I don't want to even say trend, but it's more like a shift in people's mentality that is coming about because of, you know, these core values that are oddly enough coming from a large number of people do something at the same time. Yeah. It's a word for that. It sounds like you were just calling him fat and now that he's lost weight, you've got a man crush. That's what kind of it sounds. That's what's right. Are you, is that like that? I don't want to tell him, but Harry Soutic might get the D. There may be. What we're using, there's all kinds of, you know, Rusty was talking about, like, sucking up things. And I'm sure there was a bunch of other metaphors that will be thrown out there.

But there you go. I'm sure that Harry and his family are doing quite well and don't need any sexual advances on behalf of another married man. You may not need them. Yeah. But nonetheless, like. Throw it out there. Sweet D. Yeah, just give it a shot.

Shoot your shot, man. But nonetheless, I do love that people are getting healthy, and oddly enough, it's coming from Bitcoin, from a source of values. It's very odd, but there you go. I don't know. I'm telling you, it exists. Definitely.

You just have to look at Pub Key Shrine. It's just like a, that's basically like a portrait of Bitcoin culture. You know, I'm going to, side note, speaking of Pubkey, I'm doing my 40th birthday at Pubkey in March. So if anybody's in the area, feel free to swing by. I think we're going to make a thing of it. We'll do like a live stream or something where all the transient front. Did you just invite us to your birthday party? You did.

I suppose. You must show up with birthday. Well, what's a birthday hat? We're talking about like the TUC thing? We're just like any hat could be a birthday hat. I like that you use TUC though. I appreciate that. Canadian sensitivities there.

Yeah. I went through the I training coming. Yeah. But yeah, no, birthday. Pubke. I think March 29th is the date we booked it for. Yeah. So open invite.

Awesome. Sweet. Well, Jens, I think it's time to do a final rotation here. Before we do, I'm going to do one last sponsor shout out here. People that keep the lights on. And then we'll come back and we'll find out why Greg from the... Are we doing another lightning? Actually, I mean, is... We're not giving any more, sad. We'll see in just a minute.

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or whether you're looking to lend or borrow. You can check them out today at the links down below. All right, we're back in. And I love that there's a private chat, told Craig to go back. I didn't like that. I didn't like it at all. You know what? I didn't like it again.

I didn't like it out. Because your streak, your streak changed, your streak changed, its length every time on everything. I didn't like it one bit. Did it? Did it? I was thinking the same thing. It's like watching the ads is like a snapshot of your, of your, like, you know, fitness and beard levels of beard shaving and beard cuts and, yeah, just a little timeline. Yeah, that's fair. That's fair. Well, Greg, you're the last one up. I will be asking you why you're bullish, but just for you, I'm going to reposition you. Yay!

You're the top of the... Kind of a bit. Come on, man. I spent like 10 minutes on this at least this morning. I got up 10 minutes early to set this up. Yeah. That's a...

In the background, you can see yellow plushies, which Rusty does sell on his... You know what? Hold on. I'm not going to put your name in order, ever, but I will show... Hold on. There he is. I'm going to send you like a whole bunch of like backgrounds that wherever he puts us.

It'll link up. We'll swap it as he swapsed to win that battle. Yeah, he's a dear friend. I'm glad to have him. Nice. I'm shipped expediently from. Is the Red Bull in there to keep that shape ready? Yeah.

Another Red Bull can, obviously. Yeah, yeah, of course. I do have some left if anyone wants some. Red Bull. There are us. Yeah. Red Bulls. Yes.

Yeah. Yeah. No. Lushies. There's some left. Yes. Well, let's, with that, let's toss to Greg. Greg, why are you bullish?

Please tell me. You know, I put some actual thought into this. And I decided I was going to take a sad thing and make it a bullish thing. Okay. All right. So my favorite people in the Bitcoin space are the blue-collared regards. You're my favorite people. Nice.

And for the last eight years, I've been making friends with plenty of you, chatting with plenty of you, sharing terrible ideas and memes. And I continually see you guys dropping off. And while it's sad that I have to watch you go and disappear and live your life, it's incredibly bullish. And it makes me incredibly happy to know that you guys are all off. with your fuck you money doing whatever it is that makes you happy and it makes me incredibly bullish to know that people who come from nothing or close to nothing and my daughter's attacking the door uh have a way out and it continues to be a way out and it continues to be a source of financial freedom for uh for the best regards in the space i like that i like that everybody gets

their afy you money and then decides what i mean Maybe this is a good segue into a, what does FU money look like for you? FU money for me? I'm going to do the same thing. You'll see less and less of me. That'll be great. I'm going to have a farm. I'm going to go grow my potatoes.

I'm going to have cows. And I'm going to have all my family members on the compound. There she is in the back. Nice. FU money means that, you know, I don't have to do that 9 to 5 anymore. more and I can say, fuck you, to anybody who wants me to do something

that I don't feel like doing. Nice. The only thing I don't like about that, Greg, is that you said that if you get fuck your money, then you will see less of you. And I'm kind of feeling like I'm going to join, I'm going to join this guy, if that's the case.

The communist? I'm going to join the communist. Dimminty communist? Yeah, yeah. Oh, we got to redistribute your fuck you money so that Rusty can I'll type yeah

wait so you guys don't want the price to stay at the get there still difficult am I hearing that clear right now I think it will

it will go back down upon redistribution I think and then just everybody will be poor again correct yeah it'll be in poor

we've been there yeah I feel like yeah i mean i'm i enjoy what i'm doing right now i think i would i don't know what would change too much i would still like doing i mean as much as i hate you guys i'd still be doing i'd still be doing i still wait what happened hang on craig i'm sending you something nice fuck all right you know what i know he's still fucked i realize that it's like i just need to separate you guys

it's way easier for ben to change us than me to photoshop a new background that's great i mean excellent excellent effort but yes yeah i don't i don't know what i would like with true true like never got to work again the true true i I don't know. Like, I guess, I guess maybe the cadence in which I do content would change a little bit. Or like, I wouldn't feel like, oh, I have to have it at this point in time. And, you know, if some tutorial just takes me like a month to get through, then I just say, fuck it.

And I just work on that one thing and make it really, really good. But I don't know that I would stop. Because I kind of like, I enjoy making stuff. And so I'm not saying I'd stop. You're just going to see less. Yeah. Yeah. We're still doing the podcast there, right?

There's test stream, I mean? I mean, the streams won't stop until they figure out a way to shut us down. Yeah. Yeah. Okay. That's true. That's true. Rusty, what's fuck your money to you?

Yeah. It feels like we're so close to it constantly. Do you guys ever have that feeling? Like, every time we have like a bull run, we're like, just one more, one more bull run. be right and then uh yeah yeah uh fuck you money yeah it'd be i think um i think the idea of of only having to work if i want to or um or my wife only you know she only has to work if she wants to i think that's like um that's like a big one yeah and i think if you if you only work

if you want to therefore you do something that you're passionate about and i have and i do feel like that's like a cool thing with with bitcoin is that you um because of that we end up inventing cool shit and um and we're because we're passionate about it we're not just showing up to a job so that we can pay our mortgage and um you know and find the next thing yeah um yeah so yeah that's that's yeah fuck you money for me is um doing something that i want to do yeah i think i'll just be doing more more of this rather than less yeah that's fair i mean you do excellent Honestly, the first time you sent me one of these posters that are up on my wall, I metaphorically and literally shit my pants.

That's all I can ask for. Every time I send it all I can ask is that people poop in their pants when I send them. That's all I can really ask for. Yeah, it's true. Reliferation. I wonder if I, I want to. I want to see if I can pull. Oh yeah, there they are.

Perfect. Yeah, I think the very first one I did for you was like, I think you were saying, hey, who wants to do the thumbnail? And I like just, yeah, I just sent it to you just off the cuff. Yeah, I think that was the first time I did it for you. This one was the first Christmas show that you did. It's so, so stupidly epic. I love it.

Like, that's wild. that's insane that image is crazy and like all the little details like there's Greg outside the window as he should be and then like last minute

I was like oh Lynn Alden's coming to and you're like ah shit where do I put her I'll put her on a trapeze up here yellow peaking over the set like the TV with all the other guests like just so many that's always a problem we've always got shorn who like complains that he didn't get a big enough appearance in your every time that's like every single time oh it's amazing like even like

it's really visible at this one yes american huddle on on on on an hour's shirt like how it's so good it's so good my favorite was uh one of my favorites was the uh the bullish one you had where you had the megabuls yes that was pretty epic i've got to say uh i got that was pre-a-i as well yeah the bulls one. I, this one, it won't blow up as well. But yeah,

like how awesome. And like, again, all the little details, Becca was still pregnant, which she was obviously pregnant forever. But like, or is the angel up here.

Like you got Wicked as the Apple. You got rock star coming out of the grave. You got like, you can see Sean has changed in this picture too. Yeah, Sean up here. He made it. He made it into the thumbnail.

I don't know what he's complaining about. Yeah, yellow behind the tree. You got Greg again, sneaking in. Coming out of the bag. Coming out of the bag. It's in the back. You got, you got, you know, your Noster reference here. Again, like, there was,

Madex doing the, Midex was doing the mural on the back. Also, Tour de Meester, I chatted to him afterwards. He's like, whoever made that poster put so much thought into it. He's like, I, like, I forgot that I had chatted about his whole UFO thing on a podcast. He's like, this guy must have like genuine.

So like the whole like him being abducted. He said to me, he's like, let that guy know that that was absolutely epic. And I think it was in, was it was. It was. Yeah, yeah, exactly. It took, took me long enough. less than a year. Yeah.

Yeah. I mean, this is Bitcoin. Did you hear he did it again? Lower your time preference. Did you hear that? I mean, obviously I listened to every podcast,

but he did he went and did the drug thing again. Oh, did he? And he was like, but this time, I'm going to like have my sound mind going into it. And he just fucking did exactly the same thing and got paranoid. It doesn't learn from his lesson at all. Amazing.

That's fantastic. Awesome. Dennis, I need to ask you as well, what's fucking money for you? What's that look like? I mean, we'll pretend that Bitcoin goes past 508K and then like stays there. So I mean, like, obviously that's never going to happen. But if it did, how would your life change? I don't think it would change too much.

I'd be able to take care of my company. I don't think it would change too much, to be honest. Yeah. Yeah. Yeah, I think it's like a very similar answer to the other guys. Yeah. I probably would do a vanity plate to ruin my opsec. So why not?

50KK-K-K-K-R-V-R. Something like that. Yeah. Or just a four. Yeah. Just put it on the Camry. Why not? Just the number four.

Yeah. Not even 58. If you know, you know. You know. There will be signs. There goes Dennis. Everybody knows. It's just four.

That's great. Maybe we'll find out his names. People are going to be like, that Bitcoin guy, right? What do you think the four means? I think there's only ever four Bitcoin they're going to mine. It's like cap supply. the best would be like the explanation every time so what's man you're you're super fucking rich you got fuck you money what's the four mean i don't know it's just it's a sweet number

five plus eight plus one plus three four easy the mess chicks it that's yeah that's how we make it all right well Good luck segueing that, me. Anyways. I'm not going to give you a bone for that. We'll just put a bow on that. And we're going to, I mean, I guess that's where we wrap it. The way that we like to wrap up on the show, though, just a quick round of.

Dennis and Greg, just for the last, like, minute of the show. just Dennis and Greg, can I do that? Just a, just a Just a So

The best I Guys, the best I can do is Son of a bitch Never again. Never again. I noticed when you share your screen I don't know if you noticed when you were sharing your screen,

perfect line up at the bottom. It worked really well. It did. So we got away with that. Nice. Yeah. I did see that. Shit.

I fucked that up. That's too bad. You got to go back. You got to go back and re-record all of your, all of your ads. Yeah. No, what I'm going to do is I'm going to actually just go back and I'm going to scrub that part of the show. I'll cut it in. Or just AI, the hair.

The ads or the, yeah. Everything. This show is, I'm going to delete it after it goes after it finishes. It'll be deleted. Hush. Hush. Hush. Shit, in it.

Indication. Damn it. Oh, wait. Did you stream us to the way? Oh, yeah. We are. We are syndicated. Oh, sick.

Oh, God. The chat. The chat is there's probably. I've learned to give myself, Ed. Bro, that's free. You can do that for free. You don't need to be rich. Why are you waiting for fucking money?

Dennis does it all the time on Twitter on Twitter. Yeah. He's removed some ribs. He's already got fucking money, obviously. Anyways, we're going to wrap up the show now. The way I like to finish the show, and I don't know. I'm going to quickly go around. What is happening?

Wait this. I'm going to quickly go. I'm going to quickly. I'm going to. I'm going to mute Rusty. I'm going to mute everything. And I'm going to go ahead and I'm going to here's how shit's going down, guys. Shut up.

So we're going to do a quick round of any big takeaways you had from the show, which I'm sure there's none. And then also in terms of final thoughts, we're going to ask you any recommendations you have for the audience. Something that you found helpful in your Bitcoin journey. be anything. It could be a piece of life advice or maybe it's something like an app, a book, a device, a podcast, whatever it is, something that you think people watching will find some value in much more so than this conversation. So Dennis, you're up first. Any big takeaways or recommendations that you may have? I guess advice for people just coming in. the price is probably going to stay the same for a while

nice so just buy as much as you can this is actually the perfect time to buy I don't everyone's upset everyone's left price is probably going to be the same forever but it's a great time to buy what I got from this show not much I imagine I think the datum thing was cool Thanks, Rusty. I like that. That was cool. Yeah. That was very informative. Thank you.

Very nice. You're unmuted me. You're welcome. You're welcome. Yeah, Rusty. I'm all just tossed to you. Any big takeaways, anything that you wanted to reiterate and any recommendations? Yeah, I think to start the show, Dennis is a communist. You have a man crush on Harry. Yeah. And we're going to be seeing a lot less of Greg next year. That's pretty much what I'm taking away. I like that you ended it on a positive note. Why am I muted?

Greg, takeaways, recommendations? Recommendations, watch BTC sessions. So I learned all of the technical stuff in Bitcoin. Pretty much like 80% of the technical stuff I know about Bitcoin. and this dude taught me. Have you been cheating on me? What's that 20% there?

What's going on? You know, you don't cover it all. So I got to go other places and learn other things. That was probably the impetus for starting the meme factory stream test. I need to learn more stuff. What are you? Sorry?

What? Impetus? Impetus. Okay. Impetus. My favorite takeaway down here is probably like New York pizza and pasta. I'll get like a meatball pizza. Excellent.

That's my favorite. But no, I'm going to hop on the bandwagon here with Dennis, the rusty Tatum's D was my favorite takeaway from today. Nice. Looking forward, looking forward to your tutorial, Ben. So you're saying that you'll do take away for Tatum's D is what you're picking up on. I don't think you can get it any other way, really. That's true. Service with smile, I think.

Getting serviced. Did you fire him for sale? Is that what happened? Oh, no. Wasn't he you like two I see him? No, Tatum, Tatum is the cat Wrangler for the Christmas show. And so he will be there.

He will be in the background. He's assured me. And it's now his favorite Christmas tradition. So I can't, I can't take that away. I can't ruin Christmas for Tatum. No. I mean, you could.

Getting him to forget to put him in the sundown. You hold that over his head. Like, you could do it. I keep thinking. Yeah, I could do this. Yeah, exactly. The implication. A single misstep, Patem, and you will be rugged from the show.

I swear to God, you fuck this up. Silly will take your job. Yeah. Along with everybody else is. Oh, God. People are all worried about migration. Really, Selly's just going to take everybody's job. True.

Fair enough. Fair enough. All right. Well, gentlemen, we're going to round it out here. We'll finish up. And, yeah, I guess I'll say thank you for doing the show. I don't know why you said like that,

but that's cool. Yeah, yeah, you're welcome. Hey, man. You're welcome. Yeah, it was fantastic. And I mean, if you guys want to, people that are watching, if you want to subject yourself to it,

links to follow these gentlemen are in these show notes down below. Don't recommend, but, you know, follow at your own peril. Are you going to plug your podcast, or is that like competition? You guys don't have a podcast. It doesn't exist. That's a good answer. True. On occasion, there might be a test stream that you can like find your way into,

but it's pretty trash, obviously as well. It's pretty alpha. They haven't we've got to be able to. Next week is, why are we bullish? we've taken the meme review let's take this show as well absolutely yeah yeah awesome and uh and yeah and yeah i guess uh that that's pretty much it gentlemen thank you for being here really appreciate it and uh and of course um yeah i'm i was i typically say uh you're welcome back anytime but uh we'll We'll see. We'll see.

Thank you. Thank you. And yeah, we'll see you later. All right, cut. That's it. I gave them half a second of satisfaction with the meme factory properly allocated. But you can follow, of course, all the gentlemen down below. You can, of course, check out the hashtag factory meme. sure they do some sort of a show that you can check out. But no, follow everybody below. They are indeed excellent, rusty with his incredible artwork. You should probably just go buy all that shit.

Get yourself a yellow plushy. It's very important to me that you do so. Yes. Anyways, of course, follow Greg for all the latest and greatest in potato farming and and and Dennis if the communist manifesto is too long of a read for you. But outside of that, thank you all for joining into the show. Everybody in the chat, thank you for being here. All the nostrils that tuned in for the Noster live stream, appreciate you too as well. Please do share it out. Celebrate your Nostra streamers. Again, simply Bitcoin has been hitting the Nostra stream as well. Please do support them too because I think it's important that we begin to build up non- YouTube options, non-centralized options so that we can kind of shape the future

we want to see. I want to give a shout out to the accountant being a degenerate in the chat, of course. Appreciate you. And beyond that, everybody else that has joined in. Really, really do appreciate you guys. If you want to help out the show, of course, like, sub, share, all these things. Super important. You can also hit up the previously mentioned sponsors in these show notes down below. And then finally, if you've been perusing the channel, you've been checking out some of the tutorials and maybe you hit a snag. Maybe you are in the midst of leveling up and need a little bit of handholding. Or maybe you're a Bitcoin Luddite. You learned kind of your few things out the gate.

You haven't progressed since then. Well, then you can, of course, hit up Bitcoin Mentor.io. This is my team of educators. These guys will help you through just about anything else that you need from wallets to hardware to multi-sig to home mining as a hobbyist or running a node, whatever it may be. Hit Bitcoin Mentor.com. You can always book a free 15-minute session to discuss. where you're at and where you want to be.

And if it makes sense for you, you can move forward and start your education journey with the mentors. Anyways, with that, I'm out. Have yourselves a wonderful day or evening, wherever you may be. I'll see you guys next time for your daily session.