BTC Sessions - WHY ARE WE BULLISH? Heavily Armed Clown, Ben Prentice, Courtney Stephen, Keep It Simple Bitcoin ep209

Episode Date: October 23, 2021

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Wasabi wallet and fairly private. What's going on, everybody? Welcome to the show. Another Friday, another episode of Why Are We Bullish? We've got a killer panel today. I'm very excited to have all these gentlemen on. And I mix myself a beverage. I'm going to give it a pour here as we're getting started.

This is a smoked old-fashioned. This is, if you're on Twitter, you saw me prepping for this, but I'm going to do the pour as I'm here. this might be the classiest poor you've seen on a Bitcoin podcast. So there we go. And there's my orange peels in there. Cheers to everybody. We're kicking this one off.

I know a couple of guys might have a beverage going. And if you're joining me, let me know in the chat. What are you having? As always, this is live. Anything can happen. So I defer to my good friend Bill here. We'll do it live. Okay.

We'll do it live. Do it live. I'll write it and we'll do it live. The thing sucks. All right. If you haven't already, of course, like, subscribe, share, all that good stuff.

Let's get this thing rolling. I am Ben with the BTC sessions. This is your daily session. All right, before we bring in our panel, let's just take a quick look at where we are in the market right now. I'm pulling up the bitbo. com. dashboard. We're sitting at 60,522

bucks per coin. A single US dollar will grab you 1,652 sats. Again, thinking back to the days of 2,000 sat for a single cuck buck. That's not the case anymore. But, you know, things are on the up and up. So is everybody thrown in the towel now? It looks like it crashed, guys. We're at 60,500. So

looks like it's all over. That would be the sentiment that the news would tell you. But again, when in doubt, zoom out. It's been a good month. It's been a good year. It's been a good five years. So on most of those timeframes, we're doing pretty well. So anyways, 89.77% of all Bitcoin have been mined in terms of fees, 12 sats per byte will get you into the next blog.

Anything beyond that, if you're willing to wait half an hour, an hour, one sat, per byte will do you. Of course, shout it to sponsor the show. Shakepay.com. If you're stacking stats in Canada, basically the easiest way to do it. Super simple. E-transfers. No deposit fees, no withdrawal fees.

Really thin spread. So you're getting some of the best raise in Canada. Plus, you get to shake your phone every day and they give you free stats. It's pretty sweet. So check them out. links are down below. lend.io, you can use your Bitcoin for a variety of different services, particularly if you're in a pension, you don't want to sell your Bitcoin because, you know,

taxable event, don't want to buy back in higher. You can deposit Bitcoin, get dollars into your bank account. And when you pay back those dollars, you get back the same number of SATs. So if that situation sounds good to you, then check them out. Of course, I do live on Bitcoin. Bit refill helps me do this. Give cards for every occasion like getting groceries and gas. I can pay with Bitcoin via main chain or a Lightning Network.

I earn sats back as I shop. You guys know the Keystone, Air Gapped, hardware wallet goodness. I highly recommend you use their Bitcoin-only firmware, of course, but it's pretty badass in a multi-sig setup, and it works with all the grates, blue wallet, wasabi wallet, Spector, Sparrow, all that stuff. So, yeah, check that out. And finally, if you're backing up any important Bitcoin wallet, of course,

paper might not cut it, fire damage, water damage, accidentally maybe discarding the thing if you're not careful. Make sure you get it in solid steel if there's, any meaningful amount of funds on there. With that, I'm going to stop rambling, you guys. I'm going to bring in my panel here. We've got heavily on clown.

We've got Courtney Steven. We've got Ben Prentice. We've got Keep a Simple Bitcoin. Gentlemen, welcome to the show. Let's do a quick round of intros for people unfamiliar. Hack, how about you let people know who you are, what you do? Hey, hey, I don't do much except shit post on Twitter. and that's about it.

That's fantastic. That's fantastic. I think that's the best intro I've ever heard. So that's good, man. I'm glad to have you. We ran into each other in Miami a while back, right? We did, yeah, yeah. Actually, you were the first person I ever had on my podcast that I do, Ben.

It was like back in 2017, I believe. I was like absolutely nobody. and I just randomly DMed you. I think I even might have DMed you on either YouTube or Twitter. I had like probably 100 followers on Twitter and you were just like, sure, man, let's do it. And we did an interview and we talked about the Casa Wall that I believe. Oh, shit, man. I honestly have known because like I was still.

That's a long time ago. I was still like coming off the tiniest bit of shit coining at the time. And so I was like, yeah, I was like in my transition to, oh, everything's bullshit except Bitcoin. So I was in that, in that discovery zone at the moment. But I actually had no idea about that. That's that I'm going to have to go back and look. You got to send me that episode. Actually, it doesn't exist anymore.

But because it was on a YouTube network that's now defunct. But I'm eternally grateful, though, because I was like, man, Bitcoiners are cool. This guy's awesome. He doesn't even know who I am. am, he just hung out with me for an hour. Nobody knew who I was either, so to be fair. But yeah, dude, that's awesome. I got to, if you ever find the old audio, I'm curious to listen to that.

But yeah, let's keep the intro's going. Courtney, dude, welcome to the show. Let people know who you are, what you do. What up, Ben? I'm a fellow Canadian. My name is Courtney, Stephen. I played professional football in the Canadian League for seven seasons. And I retired in the summer, not because I got into Bitcoin in like 2014, though, which I wish.

I'm classed at 2021. But once I saw the light, it was like, like, damn, this makes so much sense. Oh, my goodness. How does nobody else see this? I actually, funny Bitcoin story, like, I had a workout while we're warming up, you know, doing jumping jacks and stuff. my boy tried to put me on to Bitcoin in 17. And I just couldn't figure out the wallet situation. And I was like, too tough.

And then, yeah. So they say, you know, everybody gets Bitcoin at the price they deserve. So yeah, I got in in like February and been being a Bitcoiner ever since. Dude, as of like a year from now, people are like, you know, in the coming years, that that like early 21, will be OG status in the coming years. Everybody's an OG to somebody. So we're glad to have you on Team Bitcoin. So thanks for being here, man.

Hi, guys. Let's keep it going. Kiss. How you doing, man? You got YouTube trouble, which is some bullshit. I got smashed. I got whack like whack them all. Yeah, it's all over.

But I wasn't even using the thing. Anyway, just keep a typical Bitcoin. I make guides just like BTC sessions does. Yeah, my YouTube channel just got just got deleted and with no justification at all. I barely used it. I just started using it to live stream for like two weeks and then it just got destroyed. So, you know, it was unfortunate, but it's to be expected. I just didn't think I would be one of, you know, the first ones.

Like I don't say anything. I'm not saying the C word. I'm not, you know, I'm not check-coining. I guess if I was shit-coining, I wouldn't get deleted. But anyway, I digress. That's how you make money on YouTube, don't you know? Yeah. Shit-corning.

You got to promote all the coins. World coin, you know, it's huge. It's coming. Mr. Prentice, one of the High Council members. How you doing, man? Well, sir, how are you today? Pretty good. I'm glad to have you.

Let people know who you are, what you do. Man, I don't even shitposts on Twitter. I don't even do that. No, I work for Peter McCormack. I work for the What Bitcoin did podcast now. I helped Hebbler & McLean up there. We founded WTF having in 1971. And every once in a while, he lets me come on his podcast as well.

But I don't do a whole lot else. I just talk about Bitcoin a lot. You basically can't shut me up about Bitcoin. That's all I do. That's awesome. I got to ask you guys, what was traffic like when Jack tweeted out WTF happened in 1971.

Those were our two best months where the month that Jack tweeted it and then the following month when Snowden tweeted it, we broke a million views in 2021 because of those two. Jesus. It feels like that message and that line of thought. People are starting to clue in a lot more. You're seeing it everywhere. And the thing I love about your website is the fact that you don't explicitly say, what happened.

It's just a question and then stats. And that's it. It's beautiful. We're taking it mainstream. Yeah. Keep the meat alive. Yeah. It's great.

And I love how many people are on that now. So kudos to you gentlemen. Yeah, this is why are we bullish. We're going to get it rolling. People that are viewing that may not be familiar. Really, really simple. We go by the three R's. Somebody's going to give a reason why they're

bullish. We're all going to riff on it together and then we're going to rotate to the next person. Really simple. I will kick us off. So I guess mine's got some visual accompaniment. And I guess I'll start by saying that my reason for being bullish is some of the mainstream pundits that are eating crow this week because they just, you know, they made calls. They thought they could time the market. They played stupid games and they won stupid prizes. So one of them, I've got it. This screenshot is so funny of Mr. Jim Kramer.

And so he got into big, I think Pomp got him into Bitcoin. And then he, you know, he did pretty well. It went up. And then at like basically the exact bottom during the summer when China banned Bitcoin for the umpteenth time, he sold everything. He said, sold all my Bitcoin to buy a farm, still have some Ethereum. And then there's this picture of him like the other day when Bitcoin hits record high and he's just like face in hand, you know, half asleep at his desk, you know, hating life.

Yeah, he sold at 30, like 30K, I think, you know, thinking that the China news was actually legit. And the other guy that's Eden Crow right now is Scott Minard from Guggenheim, who also, and this one's even more hilarious because he's out there last December and early this year saying $400,000 Bitcoin, saying that, oh, it's going this far. And he's the chief investment officer for Guggenheim. So he, they've been filed with the SEC to be able to invest up to 500, million dollars of their treasury into Bitcoin. And they did have a sizable position in it. And then as it dropped to around 30, as it was dropping, they basically, they sold. And then he started

going on news being like, nah, it's going to 15. And so they were entirely out of the market. And then it just reversed on him. And it's since doubled. And then the other day, he was being interviewed. And he was like, well, I thought it was going down. So we were out. And then it went up. So we're just out. And they no longer have any Bitcoin. They sold it all because idiot was trying to time the market. So I mean, the general takeaway here is that, again, play stupid games, win super prizes. But why are you trying to time the market when you, if you want to own Bitcoin, just own Bitcoin, just gradually accumulate it.

These people don't understand the game that's being played here. And it's just simply a game of accumulation. So I'll open it up to you guys. Do you have any thoughts on either these two clowns or just general sentiment? Do you have any people that you might know that did similar things? Anybody who wants to chime in, feel free. Hey, can I just start by saying, you know, Greg Foss has this saying, you're too smart by a half? Yes.

And so like that's exactly what happened with that Guggenheim story. If you really just like there's so many. many ways to explain Bitcoin. It's simple. It's just money. It's not even an investment. And when I started looking at it like this, where it's just a better money. So back in the day when you used to save up, I don't know which way I'm pointing, back in a day when you used to save up and you could buy something because, you know, you go to work, you put your money in a savings account, and then later you go to buy something that money is still good for you. Like, that's what Bitcoin allows you to do again. So you don't even have to think about it. I mean, obviously it could be an investment,

but like you don't have to think about it. Like, I just think about it as not setting your money on fire and not letting the roaches eat your money. And if you wrap your head around that, then shoot, just let it sit there. Don't do nothing. Don't, don't be cute. Don't sell and buy. Limit orders. Just smash by, hold, pretend that stuff is gone. It's like it's in a corner, in the closet, leave it alone. Don't mess with it. And it'll be fine. But there's, too smart by a half. It's, it's funny because it sounds so easy, but it's the opposite of it. It is hard to huddle. It is because we're taught our entire lives. You got to do something. You have to be active. You have to invest. You got to, you got to. And it's the opposite of what you need to do when you

actually have good money. Literally. And, and but we're not used to good money. No, we're, we're really not. Most of us who were like, I think everybody here was was born in to a Fiat standard, right? Like unless it was, unless anybody's born before 71 in here, but, but yeah, we're all born into a Fiat standard.

It's what we've grown up with. So I don't know. Does anybody else want to chime in here? I think that Guggenheim's not the first one that I've seen say something like that, where they're like, yeah, I had Bitcoin because I was interested.

But I just, I just can't understand what's going on. like I bought some and then I sold it because I like I just don't get it which I actually have more respect for that position than the ardent no coiners or you know the the the VC coiners which maybe what it will be what I start calling the shit coiners the VC pointers but uh like you know like the whole Sam Altman thing was was pretty ridiculous but like at least Guggenheim is honest right he's like you know I got out because I don't I don't get it I don't understand like I have no idea what's happening. I have no idea what's happening. I have no idea what's happening. I don't I don't know I have no idea what's happening. happening. But that isn't really a good excuse either on the other hand, right? Because here we are in the largest 10-year secular bull market of any commodity in history. Like something crazy is happening here. And what do you mean you don't get it? Like how is that an acceptable answer for someone who manages risk for a living? Like you should you should take the time to figure out what the heck's going on here because it's going to leave you behind in the dust. Yeah. Yeah. Yeah.

That's not the name of the game, though, right? The name of the game is you cozy up to the people that, you know, can pull the levers, and you just build, keep the relationships, you grease the wheel, and that's the game. And now the game is changing. And now you actually have to think. And, you know, you have to actually think. But Bitcoin's so simple, right? Because it's so simple that you don't really need to think that much.

So everything's so complicated. You learn about Bitcoin, all this energy, all this energy. And you get to that, like, Bitcoin enlightenment where it's just like, like, oh my God, this is so simple. All I have to do is get rid of this fiat, which I've been programmed that has value. It actually doesn't have any value and just get rid of it, right? Obviously, there's nuances. You have to manage your cash flow, but really it's that simple. Just ECA and that's it. Just wait. Just be patient. Do something else. Get a hobby, you know? I like that. That's going to be the new slogan. Get a fucking hobby.

I just I just like I have been that these are the you know this is the face of people that hate bitcoin that's that's the face that's the people that are like constantly shitting on bitcoin are just going to continue this to get wrecked and it just like that what a signal right like you know do do the work to understand bitcoin or or be jim kramer doing this to his face constantly right yeah isn't it ironic how the people who's who are in finance don't understand money. Yeah. Well, it's, it's, again, it's, they, they understand, they understand managing purchasing power

in a world where money doesn't have that quality. And they need to reallocate it elsewhere in order to attain that. And what they're seeing is an albeit volatile, flow of capital into a better money that will just preserve that purchasing power and a flow out of things over the long term that will that attract a capital that didn't need to be there that were just people that just simply wanted to ensure they had enough capital to make it to retirement that weren't trying to make a ton of money on top of it that were just like well I'm told I have to have index funds and mutual funds in order to retire.

And if I don't, then I just can't. So I guess I just have to put money in those. And that's just, it's not going to be the case anymore. I feel like we can go on this one forever because part of the reason why I saw the light in Bitcoin was that, yes, it's accepted common knowledge that you have to invest in these vehicles, you know, IRA, TFSA, R-R-S-P, 401k, wherever you're at. But so many people don't actually invest in those things as a bare minimum. You know what I mean? So like Bitcoin is accessible to people who don't even have those vehicles. Not to mention, it's Tam, the total

addressable market is global, right? So there's people who are in places who don't have access to NYFC, TSX, the NASDAQ, who are able to get their hands on. you know, an asset that will appreciate what value over time. So just the universal open network that gives you access to something that will preserve your buying power over time, that right there, you don't have to know anything else. Just appreciate that, do the research to believe in that. And then that should be everything you need to buy Bitcoin. Yeah. Yeah.

It's definitely shifting a lot of minds around the globe. And it's, we'll see how it plays out. And we'll see how long it takes to play out. Because I think we've got, at least a few more years of the shit to endure before it becomes common knowledge. But hey, I guess we'll round out this topic. I want to give a quick shout to this comment in the chat. Love this quote I saw this week. Shitcoins are just NFTs without the JPEGs.

I quite enjoy that. Awesome. We're going to keep it rolling. Everybody that's in the chat, thanks for being here. Of course, smash that like button, gives us a share. Get some more people in here to join us on our Friday. Let me know again what you're having. Cheers, everybody.

And we'll toss it down the line. I think we'll go hack. We'll jump to you. Let us know what you're bullish about this week. What has you excited? Okay. I'm actually a good one to go next because mine is tangential. And I didn't want to bring it up before.

because it would kind of ruin it and then I would be scrambling. Can I share my screen? Is it? Yeah. I think if you share it, then I just approve it over here. Let's see. Window. Here we go. Okay. There I go and there you go. Oh, Krugman. Yes. So full disclosure, I had forgotten that this gentleman here exists. And that's why I'm bullish, right? because I forgot that he even was alive. Like, I thought he died. But I'm not going to lie, this tweet. You know, normally I don't pay attention to people like this, right?

Because he's irrelevant. This is the guy who said. I'm just going to jump in just because later this will be audio only on the podcast too. So just so maybe can you just tell people what it is and what's on the screen? I'll read his tweet. He says, leaving aside the rest of this craziness, the Bitcoin thing gets me. So we're going to descend into Mad Maxis chaos, mad Maxish chaos, living off of stored food and defending ourselves with personal guns and also have ready access to the internet. And he's talking about the screenshot of this tweet from some guy who was basically saying, hey, you know, be prepared, keep up some freezer food, have some guns, buy some Bitcoin, avoid some debt, like there's some crazy stuff coming.

And Paul Krugman is mocking this dude. Well, I would like to remind the audience, for those of you who may not know, that Paul Krugman is the guy who said that the internet was going to be just as much of like a passing fad as the fax machine and have no more of an impact on society than the fax machine. Same guy, right? And he's still around and he's still relevant because I call him a D-List celebrity economist. But like this got me fired up, man, like when I saw this tweet because here you have this guy who's, who's been poo-pooing on Bitcoin for the last decade. And if he would have just bought it when it was like a dollar, he'd have more money than he knows what to do with.

But his hubris would never allow that. But on the other side of this, you've got like we're living in a world now where, you know, what like 33% of the dollars in circulation were printed like in the last year or something to that effect. I don't know even know the exact number. But,

you know, we've known that this was coming for years. Many of us have been shouting about it from the rooftops. and now we're watching like this these effects of inflation caused by government-induced expansion of money and credit just absolutely crushing people man like it breaks my heart right now to think about the single mothers and like the people on fixed incomes and like the people who five years ago were just barely scraping by just trying to survive just making their way in the world like trying to raise do do good by their families and like raise their children

and provide good homes and stable lives for their families. Like that is being crushed. That dream is being crushed. And people are really suffering right now. And like Paul Krugman, do you ever expect a guy like Paul Krugman to understand that? No, you don't. Like because like I said,

he's a de-lis celebrity economist who lives in his ivory tower. But I'm bullish because Bitcoin makes this idiot irrelevant. Yeah. It's, okay, have you guys ever read, Speaking of, Paul Krogman reminds me of there's a book called, I got it right here, hold on. Let me just grab it. I'm going to pull it up.

There's this book, it's called The Mandibles. And it's fiction, but it's, it's basically a family that's living in the United States about 10 years from now when the U.S. for the first time ever defaults. on its debt and then just starts printing money like crazy. And it goes through hyperinflation in the United States as it's happening. And what happens to people? And one of the characters in it is this asshole economist uncle of this family who's like, oh, we're going to be fine and like basically injecting all of his terrible takes on what's happening in the economy, like completely oblivious to what's actually going on.

And Paul Kroggman reminds me of that uncle in this story. And it's actually a pretty fun read. And it's crazy like reading this story and potentially seeing maybe not to the extreme that happens in this book. But you see the writing on the wall and this similar kind of setup. And it gets to the point where this family is, you know, like their neighbors come over and like hold them up like basically with guns and tell them to get the fuck out of their own house. so that they can then live live in it because the family didn't have guns. And like all of these different things, like they go to the grocery store and their life savings can't get them,

like the basic necessities to eat that night. And they're just selling, you know, one of the girls becomes a prostitute. Like all these crazy things happen to this family. And they're, and they used to be, the other thing is they used to be super rich, right? Like they were way up top.

And then all of their investments and all of the money that they had put away are just are just worthless. And the world goes on to a different monetary standard, but because the U.S. used to be the world reserve currency, the government was very stubborn and started basically wheymarring the shit out of their currency to make up for everything. And it's wild. But I thought you said it was fiction. that's just describing the reality that we live in. Yeah, it's, it's, it's an interesting read. That's for sure. But this is what Krugman reminds me of is that that stubborn uncle through the whole thing as shit's falling apart being like, no, that's not how it works, guys.

I know how it works. And what we're doing is the right thing. Yeah. People like that, it's, it's, okay, this is, this is what makes me confident, too, is that like, like, in order for you to be on the inside of something, there has to be people on the outside, right? And so I feel like if we reach a point where Bitcoin is fully understood and widely accepted, then that's like a top signal. You know what I mean? So there has to be those people who have a passionate disdain for what's going on here because that means we still have so much room

to grow into so much more to teach, so much more to learn. And also, I'd say, at either end of the spectrum, whether you have barely any money at all, like no money, or if you're super wealthy, it's a, it's a, it's a best contrast of how that marginal dollar or the change in the value of that marginal dollar affects you. And that, that relates to the degree to which you believe or don't believe. Because if you only have, you know, a hundred extra dollars at the end of the month. And in 2018, that extra hundred dollars was getting your family to the movies and whatever, it was good. But in 2021, it's like, well, we're not going to the movies because bring four people to the movies is literally $100 and we wouldn't have any money left over. You're going to feel that

effect and you're going to believe in something that can change that. Whereas if you're super rich, a marginal change to you, like if you have a million dollars in now a sudden you have, you know, a million, 10,000, it's not changing your lifestyle or if I should say if you have 999,000 minus like 10 bucks where it's not changing your lifestyle to see that that little depreciation in your money because you're still super wealthy you know what I'm saying so like they don't believe as strongly as the people at the bottom do believe you know what I'm saying well and they're sat in assets right like they're not even exposed to dollars for the most part and that's what drives the the wealth gap even further is well if you've got property and you and

you've got equities and you've got all of the vehicles that that rich people with disposable income are able to pile their dollars into, then then we've actually seen like even with the the money printing that was was basically sold to the public as a way to get money directly to the people. Well, what percentage of that went to the people because that's the important number and it and spoiler alert, it wasn't the same percentage as went to the top and the top. The top, it into assets and the bottom just barely scraped by and got groceries for a week or two. And that was basically all they could afford.

So it's like they're they've got dollars that basically can buy them less. But they feel temporarily richer. They feel like they got a good deal. But then all of a sudden, you know, when push comes to shove, it's like, why that, why the fuck am I in such worse shape now? and these assholes at the top are just they're raking it in they've never been rich they've literally never been richer and it's because the system that says it's helping the lowest is actually catering to the the top and it's it's unfortunate so i and i get the i get the sentiment that we're

seeing of like uh you you get people that obviously haven't taken the time to understand but know that they're going to screwed somehow. And so there's this swell of like, we need more socialist policies when in reality, it's those policies that put people in positions of power to gain the system. Yeah, the spray and prey with the money printer thing is exactly what you're talking about. Like, if you already have money and you get more money, you invest it. If you have no money and you get money, you pay your debt down. You know, and who's your debt too?

It's the people who own stuff. Exactly. Usually it's the people that don't have the money that have the mindset of, oh, I need to pay the debt down because the people with the money know I never need to pay the debt down. You just roll it. You roll it forever. And then you pass it. You just keep rolling it, you know? The weird thing, though, about this is that all of us understand this psychotomy, right?

The haves and the have-nots and understand the game. But I think the people that don't understand, you know, what we're talking about will put potentially demonize Bitcoiners just as much as they would demonize the kleptocracy, the, you know, the corrupt politicians and the Wall Street guys who just make money based on, you know, the Nancy Pelosi's, right? It's all insider trading. I don't want to get you to monetize. Maybe I should mind my fees and cues. But so I think it's it's so important education is so important and just community outreach like my topic if I can go next after after heavily armed because my topic it ties into that really well I don't want to jump into that yet but it's um let's let's as you do it just segue right into your reason that's all good okay so I'm really bullish because shit's getting so bad and people are understanding how fleeting their

their sovereignty is whether it's their property, their rights, their freedoms, their money, you know, I watched it really, there's a great YouTube channel, the guy's called Neil McCoy Ward, and I found them because of Mark Moss, and he has a whole series about the Great Depression. He has a three-part series where he got journals from people during that time and books also not republished books

but super old books and was looking through them and he had this whole three-part series and was talking just about the shenanigans that they pulled like people lost access to their account and when they got access back years later everything the dollars

would devalued same thing that happened with the executive order 60102 right all of a sudden your exchange rate got cut in half and you're fucked And so people are waking up because the number go up is amazing and it's vital. But I think the most important thing is the censorship resistant, seizure resistant. Like if you don't cooperate with me, you won't get my Bitcoin.

And even if you torture me, you still may not get my Bitcoin. And if the government wants to torture every single person, person by person, they have an, yes, they have an infinite balance. cheek, but they don't have an infinite reserve of people that are going to just do horrendous things to their friends and family. It's like, that's where it breaks down. And so I see people in my life that have no idea what Bitcoin is, but they see what's going on with freedoms and they see the inflation and the pricing and everything. And they're like, what's going on?

And then it's like, well, you know, this is why Bitcoin's gone from nothing to, you know, $50,000 because of these properties. And they're instantly, instantly receptive. Whereas two, three, four years ago, it was a very different kind of energy. But now it's like, oh, shit, this is like, this is actually going to protect me, you know. My gun, I can hold it. It protects me. I know what it does.

It's a very simple tool. And now in this context, Bitcoin becomes a very simple tool. It preserves value and someone else cannot fuck with your value. Very simply put. And so the Paul Prugman's all this garbage gobbly goo in their op-eds, the trillion dollar coins, their, you know, what is it? We don't owe the debt. We owe the debt to ourselves.

Nonsense. Like, they're just soft puppets. So, you know, someone's got their hand up his rear and it's just, you know. and people are getting it. People really are getting it. And they're not even priced. It's not like, oh, I missed out. It's like, oh, I need to like get some of this because this is important.

Like I have to staff my freezer. I have to just make sure I'm prepared because supply chains because, you know, all those words that we can't use on the Internet's now. But all that shit is motivating people, you know. It's really like waking people up. so many things and it's amazing. I really, it's, it's so nice to see, like, some of the weird fringe shit

that I've read about like a decade ago, like people on Bitcoin Twitter are fucking popping off. And it's like, if I wrote some shit like that three, four years ago, people would have been like, what are you talking about? And now it's just, it's just people are going off and use the memes and everything about some of this wonky stuff that used to be fringe that was, you know that would get you like marginalized right as a conspiracy theorist or you're crazy now it's

just like oh yeah no this is for real yeah it's wonderful i i love that because you are so right in that so many regular people now are recognizing that you know the the dollar has no meaning anymore right where they they see trillions printed they understand that something screwy there, they, they get that, well, why can, how, how does that work? How is it that they can just print trillions? They get that they're in a worse position than they were. They get that shit's more expensive. And more and more people are drawing attention to like, what the hell is going? Like, why are we not, why are we letting the Fed do what it's doing? And you've actually kind of seen it in some mainstream media now, too.

It's starting to kind of sink its tendrils in there, too. You're seeing segments where they're like, well, the Fed is not like an arm of the government. It's a private entity. And you see people actually waking up to that going, really? Holy shit. And I mean, again, perfect example. Two dudes on here. What the fuck happened in 1971?

Nobody even asked that question previously in, you know, like very few people. And this year, it's gotten a lot of attention. And a lot of people have started to answer it. We're literally meming us into a better monetary standard. And it's a beautiful thing to see. I remember saying shortly around the time Michael Saylor came on the scene. I don't remember where I had this conversation, but there was a lot of everyone was talking about it when it happened, right? Because here comes this billionaire.

You know, he's swinging as you know what around. And oh, look at what he's doing. He's buying a lot of Bitcoin. And now what that dude owns like over 100,000 Bitcoin or whatever. I remember making a comment when he first kind of came on the scene that goes really. well with this where I was kind of like I think the emergence of Michael Saylor sort of in tandem with the other geopolitical meltdowns that we were living through at the same time and still kind of are now Michael Saylor kind of marked the second phase of Bitcoin like it marked like this transition

like where the first 10 years was kind of like okay here's all these weird nerds like like Kiss said on the fringe, right, like sort of speculating on how this thing might is probably going to be really useful and really valuable in the future. Now we're watching it happen, right? Like we're watching it become a reality. Like we're watching it become a necessity. And Michael Saylor even commented on how like, this is how he found Bitcoin because he was so desperate for an answer to this problem, right, that we're all sort of watching emerge in real time and we could talk for hours about what that problem is or how to describe it. But like, you know, would WT have happened in 1971 as an example of a way to address it? Michael

Saylor said, like, he was desperately looking for a solution to this problem and then he found Bitcoin. And Bitcoin just totally radically revolutionized his life. And I think we can all see, you know, that that is the case. But he's like the hallmark, like the cornerstone of like this next phase of Bitcoin that we're slowly marching forward in right now. I think that Kiss is absolutely on the money. It's interesting the types of people and kind of the attack of who Bitcoin pulls in first. So, I mean, obviously you had this initial group of kind of, you know, the weird ones. I mean us, pretty much.

Like the fringe people that, yeah, yeah, all of the bends, you know, there's, but there was a specific type of person that was very in tune with Bitcoin over the last number of years. But outside of that kind of like techie libertarians, sound money converted gold box, outside of that kind of fringe, those various elements, there were. kind of two polar opposite ends of the spectrum that have started to clue in. Number one was the people that were just so disenfranchised by the current banking system and the current financial system that there was no other option, either hyperinflation or just a total cutoff of access to global markets. Those people got it pretty quick. They said, oh, I can I can access a way to make payments globally. I can escape hyperinflation. Makes sense. You can't make any more of this. Great. I'm on board. How do I get? How do I get there? But now we're also seeing on the other

polar opposite end of the spectrum, my job is to preserve capital and to preserve purchasing power. That is my number one job right now. And I'm having a hard time doing that in a responsible manner. I can't hold dollars and everything else looks like it is way overpriced, especially like looking at the equity market. It doesn't make sense these valuations. What is going on? Well, it's because the money's no good. So it has to flow into something. And then like you said, Michael Saylor coming along and going, oh, is this the solution?

So you get the disenfranchise and the people whose highest priority is preserving capital for themselves and investors or shareholders or whatever. Those two ends of the spectrum are starting to recognize the value proposition here. And my guess is it's gradually going to make its way in until like your average person in the middle just fully gets it. But it's going to take its way to work that in through the fringes. into the mainstream. I think it's getting there. But it's interesting to see that dynamic of like polar opposite ends of the spectrum, get it first and then others clue in.

But it comes from necessity, like you said. I mean, not everybody, like if you have, for example, your money in assets, but you don't have a mandate per se, then you can avoid when, you know, treasuries go to like 1.3%. If the interest rates are down and then they start rising and you're holding those bonds, then it's not a good thing for you, right? So, yeah, it comes from necessity. And I mean, to Simples point and basically just rolling into mine because I think they say way well together,

I'm bullish because there's so many different reasons why we all come to Bitcoin. and we don't actually have to agree. And Bitcoin is emotionless. It doesn't care what I think. It doesn't care if you, it doesn't care if you acquire it because you need the most pristine asset in the world that no one can take from you. And you can store it in your brain. And that's the reason why you have Bitcoin, great.

If you buy Bitcoin because you have $100 million of assets and it's just sitting there in cash and the values eroding as a fiduciary duty to your shareholders, Buy Bitcoin, great. If you buy Bitcoin because of the brain drain in your country and all of your best academics and workers are going foreign and then sending money back and that money is being cut by a middleman, well, shoot, use Bitcoin for your remittance. Great.

It all helps the network. It doesn't care why you buy it. But like he said, it's a simple tool. And it does so many different things because it's like, it's like, it's like a ball of clay. It's what you make it. It's just the universe. universal money that can solve so many different problems.

So like I don't even have to agree with the reason why you like Bitcoin. The network keeps growing and the price keeps climbing year over year. So it's like when you sit back and look at that, you see people argue, oh, you should have nothing except Bitcoin. Right. And then you hear other people on the other end of the spectrum, get off zero, put at least 1%, you know, or you hear other people who, oh, it's going to be a multi-chain future. whatever. It doesn't matter. If you buy one sat, you're making the network stronger. And at the end of the day, Bitcoin doesn't give it damn who you are. It's going to be here and it's going to be bigger than any of us could imagine. I love what you're saying in that there's there's a saying that used to be, oh, it's, it's a, it's a solution in search of a problem.

Except for Bitcoin is a solution in search of a problem, but every problem in it counters it actually fixes. It's like Bitcoin literally fixes most, most problems when you kind of break it down. And you're right. There's just, I love the, the metaphor of a ball of clay because people mold Bitcoin to whatever they need to use it for. You know, and from those opposite ends of the spectrum, the most disenfranchised using it to, to cut out those middlemen. the people that are sitting on a quote melting ice cube that that freeze it again um it's it's kind of for everybody that has a use case that has anything to do with money there you go it's it's right in your face now it's crazy um i'll i'll let everybody else chime in i just got

excited about your topic yeah no i love that it's like bitcoin is for enemies right bitcoin is for everybody. Bitcoin is apolitical. It doesn't care who you are. And really, like, I've always said, like, different people need it different amounts, right? Like, you look where I think, like, it's, like, kind of the most bullish is, is like the stuff that Gladstein is covering, you know, Palestine, what's happened in the Turkey, Argentina, parts of Africa, like Sudan. Inflation's insane over there. Nobody talking about that. You know, I think stuff's happening in Nigeria. It's all over the world in little ways that we don't even always see, right? And those people aren't always going to be loud.

And those people need this technology the most. And some of them are still learning about it for sure. But like, you know, it's kind of like life finds a way, money finds a way to kind of like wedge itself in there and get where it needs to be. And at Bitcoin, everybody needs Bitcoin to some degree because the world needs Bitcoin because we need to restore, you know, the monetary organization back. back to get us back on track. Yeah, absolutely. Absolutely. When the money is fixed, the incentives are aligned and people can work on stuff that

actually matters. Yeah, it definitely takes people's time and effort and allows them to free it up. You know, think of all of the lost time and the stress on people's lives just from trying to navigate how to, you know, afford retirement. or save for the future. It's, I've got to imagine that, I mean, that's most of the stress in most people's lives. You know, I can't just save. I can't just save my money.

I have to do more than that. And that in and of itself is a massive burden. That's a great point, Ben. I think that's really underrated. Like, people are, you know, living paycheck to paycheck. You always hear that, like, that term. To me, that, like, describes inflation so well, right? It's like we used to save our money.

Savings didn't used to be a problem because the incentives were there, right? And there's just no incentives to save money. The only incentive is to go into debt like we talked about earlier. So everyone's going into debt instead of saving money. And we're all living paycheck to paycheck as a society, right? They were just like, and then with the inflation that's happening right now, I mean, oh my God, like five, six, seven percent. Are people getting five, six, seven percent raises this year? I don't think so.

So they're losing all that. They're losing everything that they did save and squirrel. the way. It's just, it's, it's, it's so tough for people, man. I feel bad. To your point about savings too, you know, some people look at Bitcoin too and, and they, they say, well, I, I can't save anything. I literally have zero savings. It's impossible. So Bitcoin cannot benefit me. But I disagree with that sentiment too, because if we extrapolate out and we think of a true Bitcoin standard where, let's say years down the road, we reach a point where everybody's using Bitcoin and, you know, the dollar is is dog shit as it is now,

but like way more so to the point where nobody uses it. And we just have it like a gradual, steady light deflation over time and wages are denominated in SATs. All of a sudden, imagine, think of the blue collar worker where your wage is in SATs, but the wage that you get is now static. insats that gradually allow you to purchase more. It flips on its head the dynamic before where you have to beg for a pay increase just to keep up with the inflation you've been experiencing.

All of a sudden, the blue collar worker is in a position of power where they get to sit there and their boss has to come to them and argue why the purchasing power of your money has gone up so much. We need to have a slight drop in wages to justify that. And all of a sudden, it's the boss negotiating with you instead of you negotiating with the boss. And that frees up capital for people to actually save because your paycheck, all of a sudden, you don't need the whole paycheck to scrape by. All of a sudden, you got a few extra stats at the end of the month and we can put those away and save for the future.

And when the boss comes again and says, hey, we need to decrease your wage. You actually have a real negotiation there because for them, it's what can I, how many sats can I drop this without losing an employee and having the added expense of training somebody new? You know what I think though? I don't, I agree with you completely, but 95% of people will never think that much about it. But I think what you're describing that every single company needs is a Bitcoin advocate. like a union leader for all their employees, where they are like looking out for the best interest of every single employee and being like, you know, they know that the conversion price,

but they, whatever it is, whatever it ends up being. I mean, it's not always going to be denominated in our, like, we're not going to think about it in terms of US dollars. I hope not. But I don't think most people want to deal with that. I have a friend who, I told, you know, I was just egging and egging. to get in at $700, right, like five years ago.

And he was giving me the same reason. I don't have money. I can't. I can't. $60,000 is I can't. $200,000 is going to be I can't. They will never can because the mindset's that way. Like that mindset needs to change.

But I don't think, I don't know. I mean, look, I'm as bullish as anyone can be, but I do think that we're a bit, we are a bit quirky, you know, as Bitcoiners, in that we actually think about these things, and it's a significant part of our life, like this understanding of value and how our life force and our value kind of is used

and then how we want to use it. And so that, you know, that's not everybody, but hopefully the people like us, can help everybody else, right? Like, we're the ones that are helping the change come about and then will help, like, other people just kind of embrace it. Because most people just want to have a nice life and they want to just do things they enjoy

and they don't want to think about the invest, like, you know, to be an expert investor, obviously, but just purchasing power and money and savings and this and that. It's just like, look, I wake up, I want to hang out with my wife, I want to do my job, most people can't even like fathom a life where they don't have a job anymore. They just maybe do something they love or they can retire and just chill. You know what I mean?

Like people just, they can't even, it's such a block in their mind, right? Like the prison is in their mind. And so, you know, I guess the onus is on us to kind of just spread that, spread that like, hey, you can you can do whatever you want and Bitcoin's a tool. And it's going to help you do whatever you want. And if you're a piece of shit, you're still going to be a piece of shit. And eventually you'll have less tasks. But it's a tool.

It's a tool. But I think that's a great position in every company. Michael Saylor should have a Bitcoin advocate position at Micro Strategy to do exactly that. I don't think he will for it. I'll send you my resume, Mike. I think that that's a really good point. that kind of like what you were getting at there, or at least like what I was picking up on was that Bitcoin doesn't isn't going to end poverty, right?

Like we're not going to like not have poor people in a Bitcoin world or we're not going to like not have people who don't live in a consumption mindset. It might make it worse. It might make it worse. Like it's not utopian technology. It's a it's a leveler, right? Yeah, levels the playing field. That's exactly those are you took the words right out of my mouth. That's what I was going to say.

And imagine, too, like, how much different the world looks, too, like, just on a broad scale, because right now we're in this position where a lot of people are being coerced to comply with certain behaviors that they may not want to, right? That they may not want to comply with this coercion, but they don't have, they feel like they don't have a choice. And in a lot of cases, they don't. But how much different does that look in a hard money world, right? where all you had to have done was save for the last five years in your hard money, labor wages, right? And now when your employer tries to coerce you to do something that you're not comfortable with,

you just say, no, dude, I'm not doing that. Like, I'm going to go do something else. Like, you're not going to coerce me to behave in a way that I don't want to behave. That totally brings so much power back to the individual, right? And it takes it away from like these top-down. structures like Ben and I spend a lot, Ben, Ben, Prince and I spent a lot of time talking about like the top down nature of capital markets.

Capital, like you have centralized capital markets. You have top down planning in the capital markets. You have top down planning across every aspect of society. And that's why we're all suffocating right now is because of all of this top down planning or like this little small group of people want to tell you what you can and can't do in every aspect of your life. And it's just getting worse, right? That's why we need to level that playing field.

Yeah. I actually talked to what's his Lord Futsatua from Tonga, and I was asking him about, because I don't get very many chances to talk to leaders of nations before. And we were talking about government and talking about, this is kind of to Clown's point that we were just saying there, we were talking about government and how the bad money has allowed government to get bigger than it really. I mean, he was, you know, he's a statist, you know, God bless him, whatever.

because he works for the government. But at the same time, he still agreed that the government has just turned into this, like, massive, you know, tentacle beast because there's no restriction on how much money they spend. They can just, you know, just dilute the wealth of the entire nation. And we all keep voting for it, right? We keep voting. No, I need more, you know, social programs. I want more military spending.

We just keep voting for it because we don't have to worry about, you know, the upfront cost of these things. but a hard money realigns that and makes us say, oh, I actually have to come up with the cost of this thing. And that's that power dynamic that gets shifted because it restores those incentives in my opinion. Absolutely. Hey, can I mention one thing? Now, Clown made a great point about just like shift. And I think another shift, similar to what simple is saying, if you have to sacrifice time and put yourself in situations where you're doing, things that are not the most fun to acquire Bitcoin, then when you spend Bitcoin is going to be

on things that are worth it. Whereas if you expect your money to lose value, like you might not have enough to invest because you don't really see the future as having a possibility of being better than the present. So you don't prioritize the future. But when you hold on to that first, like you get a thousand stats, it sits there. And then all of a sudden you see the dollar value against it go up, it might give you that little glimmer of belief that, okay, maybe if I do put a little bit away, it'll be worth foregoing that thing that is just for the here and now, because in the future, I know I can get something better. And that kind of, it's empowering in that way when you start seeing the power of Bitcoin and what I could do for your belief in the future. So,

definitely transitions. Sorry, Ben, go ahead. I was going to say deferring. That's deferring consumption. but it actually kind of brings me into into what I'm bullish about Ben. So if I may, let's do it. This has been the most, I've got to say before you go into the last topic, this has been the most fluid transition of reasons for being bullish. I think I've ever encountered on any show ever.

I didn't have to do anything. Everybody was like, actually, this topic perfectly. So Ben, take it away because holy shit. You basically, you're just, you're talking about hope right and that's why that's that's what i'm bullish about like i i i finally have hope because of bitcoin and uh you know i need to tell you guys about a really important metric i you know if you guys know me really well i'm really into t a watching charts so there's a really important chart um that you guys need to be watching it's the how much the world understands bitcoin o meter

which um hit 64 65k this week 66k that's the how much the world understands bitcoin ometer and Sometimes it goes down, you know, and I laugh. I laugh both ways. When it goes up and it goes down, I laugh because to me, it's so crazy that the world can understand something less, that that number can go back down again. But it can. And that's hilarious to me. But it's the Paul Krugmans of the world. It's the Jim Kramer's of the world that are selling.

It's just so crazy to me because it's, you know, I think so many people, when they start with Bitcoin, they dip a toe in, right? And they got to start somewhere. They're like, I don't understand this thing. I don't know money. I don't really know investing either. But like, I don't know. Everyone's making, you know, what was that article? Everyone's getting really rich and you're not from like a wicked long time ago.

And everybody like feels that, right? And they see that. And they just like, you know, I'm just going to grab a little yolo, right? Like yolo. That's the thing the kids do these days. And then they're like a lot of them, you know, they do the research. And they fall down that rabbit hole because it's, you know, eat me, drink me. and they just, they tumble down.

And some of them don't. And some of them just cash out at a 2X or whatever. But the world is starting to understand Bitcoin. And, and you know what? Like, I feel like we were right, guys. We are right. We are right. And we're going to be right.

We're going to continue to be right because we've done the work to understand this, this paradigm shifting technological innovation that is unlike anything that's come before. And that took a lot of work for us to do. We had to be very skeptical. We had to be very critical. We had to think. We had to bounce ideas off of all these really bright people. And I'm so grateful for all the folks like yourselves that I get to do this with.

Because I'm constantly humbled by it all. But we have done the work. And this thing is working. And it's going to continue to work. And I'm bullish on humanity. I'm bullish. I'm hopeful finally for the future. Because if I didn't have Bitcoin today and all this clown world stuff was happening,

I really wouldn't know what to think anymore. So I'm super happy. Yeah, I'll let others chime in here. I always jump in first. So if anybody has anything to tag on. It is clown world. That's 100%. We are living in clown world.

Yeah, there seems to, I don't know if I want to draw attention. Anyways, you're talking about people getting it and then something like not getting it and like that the world gets Bitcoin. meter. Yeah, you're right in that some people do just just dive in. They see they see NGU technology. They see the number going up. They, they, they, they it's a, it's a false indication of Bitcoin understanding temporarily. The best indication is probably like the bear market. Yeah, bare market. The bar market. Oh, yeah. When we're scraping the bottoms of the bear market, that is like the the absolute everybody there gets it.

Everybody there. When you hit like if you, if, you know, if people opt to go to conferences and stuff, when you hit a conference in a bear market, like a Bitcoin conference in a bear market, it is like the peak of Bitcoin content because those people aren't fucking around. Like they're there. They're like, this is what we're building. the whole world does give fuck and we are building

we are making the best apps we're building this we're building that and it's it's going to be incredible and then two years later everybody's like oh my god you can do all this stuff and it's going to change the world and they're all yoloing in and then you know

shit happens as it often does and it gets a little hot I feel like we're heading into some of that now you know with World Coin and so so forth But, you know, things get a little heated.

But, you know, those people get wiped out again. And the people that didn't get it that were just here for NGU technology, you know, maybe they sit a cycle out and they filter back in gradually. Or maybe they just don't come back for a long time. But yeah, you're right. It does, it is an indication of at least at a very, basic level an indication of what people are understanding and that number seems to be continually trending upwards and this this plays in perfectly with kiss too talking about hey like people are

are understanding stuff and and waking up to the bullshit um and they absolutely are you know it's uh my mom my mom tells me i i made her purchase bitcoin when i got in this is what she tells me you know it might be a good idea. Just when the price it's high, just take a little off the table. And I say, where the fuck am I going to put it? And then she just looks at me, she kind of cocks her head and looks at me, well, I'm like, yeah, exactly.

Like, there's nowhere else. Like, there is no selling this. That's what I tell. Like, I have a friend who's up 40%, right? I got him to get a Swan account. He's texting me. I'm up 40%. Maybe I should sell. And I don't want to call him a fucking moron because he's a good friend of mine.

but it's like he's so far away from understanding the system like you get the system and how it works you never you never sell maybe maybe you bar I don't want to get into the specifics because you know

well kiss you can you can buy tungsten cubes actually that's one thing I've learned wonderful investment so you can buy tungsten cube NFTs NFTs FTs yeah I hear you can buy

diamond NFTs and they destroy the underlying diamonds. So as far as I know, that's as good as a real diamond, if I'm not mistaken. And they definitely, same thing is true for bank notes. So hard to, it's so, it's so hard to understand how intelligent people can, can be excited about something like that. I just, I don't, I don't get it. Like, you just don't get art, man. You need to define intelligent a little bit more rigidly.

But guys, it's because when the currency that the entire globe uses is a fucking joke, how can they not then invest that joke currency into other joke bullshit? That's all they know. It's all they know. It's a Ben's point. Other Ben, when you start getting into Bitcoin, don't you learn so much like geopolitics, you know, you learn about international relations. economics, monetary theory, you learn about the history of money, you learn about computer science,

cryptography, you know what I mean? Like, that's, that's hope, man, because so much of that stuff you don't learn in school, but then Bitcoin is an incentive for you to educate yourself. So, I mean, what else is putting medicine into candy, if not that? Yeah, absolutely. Yeah, it's, you, you, you, definitely go down more than one rabbit hole when you get into Bitcoin. It sends you down so many different paths and you start paying attention to stuff that you never would have before.

And it's it's invigorating. It's again, to a lot of things you guys are alluding to. It gives you hope. It, you know, people that I think it was Ben that was saying this before, but I don't know what I would have done. if I wasn't in Bitcoin through all of this, because everything else is so dire. And you look at the state of the world. And then you look at something that actually has promise in the long term

and a way to plan for the future. It's like it's the only absolute kind of beacon of truth that I see anywhere in that it gives us a real measurement of what people value. And it going forward will actually kind of be like a measuring stick for the, for the world and where people are placing their time and effort. And I appreciate having that when every other measuring stick is veritable values. You can make more than everything in the world except Bitcoin. Yeah, exactly.

It's great. Gentlemen, I think that's a good way to round it out here. This has been a hell of a rip. So I think what I'll do is I'll do one last round of any final thoughts, anything that you want to say. Again, I mean, I guess let people know who you are one more time where they can find you. But if you have any parting thoughts, then feel free to throw this in as well. I'm just going to go in order of what I see on my screen. So I'm going to go with heavily armed clown first.

Oh, okay. Oh, BP, we need to bring back. We need to start circulating the Bitcoin spectrum again because I think that fits really well into the end of that conversation. Yeah, we need to explain on Twitter. It's from like it's from like four years ago, maybe three years ago. But it's, who was it, Unchained Capital? I don't even know. Yeah, Stefan up here is talking about all the different, the spectrum of knowledge that you need to understand Bitcoin.

There's a diagram. It's like a Venn diagram and it like literally. shows all the spectrum of knowledge that you need to understand Bitcoin. Well, we'll get that going on Twitter, like, later tonight. Tag me in that because I want to share that. And, yeah, follow me on Twitter at heavily armed C, the letter C. That's not like at heavily armed C, the letter C. I love it.

I love over it. I'll see you. Make sure and like and retweet and comment on all of my shit posts. Thanks for having me on it. I really appreciate it. Dude, I'm glad to have you. Courtney, take it away. Man, I'm on Twitter at Thuss C. Stephen.

I also tweet about sports. So check me off for that. But, hey, I'll just say this to everybody. Man, make sure that the opinions that you have are opinions that you formed and not opinions that other people gave you. So, you know, take time and do the homework, man. Like, you could be walking right past a life-changing opportunity just because you read the headline and didn't bother the Rita article. So that's my two cents, man.

I love that. Also, is that a C? Oh, yeah. Or is that an S-E? They can find it out. Kiss, you're up. You can follow me a kid Bitcoin on Twitter. It used to be on YouTube as well, themed.

But that's gone. Keep It Simplebidcoin.com. I got a bunch of guides there, how to interact with Bitcoin. And I want to recommend some books just because I think that there are a lot of new people. And it's important to understand the world we're living in and the system that we're up against.

I would recommend a dense book, but it's really good. The Prince of the End. confessions of an economic hitman and the preacher of Jekyll Island and those books will take you so deep down the rabbit hole if you can't if you can't handle that then you know you might have to take a break and just

I don't even know what my point was but those are really good books and I think it'll help people understand what's going on right now because the, you know, we see the, you know, the treasury, we see Yellen, we see the government kind of starting to put a little bit of the screws on Bitcoin, put a little bit of the screws on individuals, you know, the account, that's $600 thing. And I do think it's going to get worse before it gets better. But if you understand why you hold Bitcoin and you understand kind of the world that we're living in, not the world that the media portrays, but how the system works,

specifically the financial system, I think you'll be more resilient in the times to come and, you know, more common and just more dedicated to the stack, stacking stats, and, you know, living well. So I hope it benefits. Really quick. Creature for in Jekyll Island, Confessions of an Economic Hitman. What was the first one? Princes of the yen.

By Richard Werner. Okay. Princess of the yen. Okay. Yen. Okay, perfect. Awesome. And let's toss down the line to one of my fellow

high council of Bitcoin Ben's members, Ben Prentice. Round us out. Yeah, and I just, one last segue from what Kiss was saying is just a quick shout out to my boy, Jay Powell, man, you are the biggest advertisement for Bitcoin. Keep on printing. We know you can't stop. I mean, we know you're going to do it anyway, but we just, we really appreciate everything

you do to advertise why Bitcoin is so important to the world. So just keep it up over there and all the good people at the Federal Reserve. And listen, I'm Ben, Ben Prentice. You can follow me at Mr. Cool BP on Twitter. And you can check out our website, W. of having in 1971. Ben, I appreciate you having me on. I'll see you at the next council meeting up in the clouds, up at the moon, right? When we go to the moon, right? I don't know. We do. Awesome. Well, guys, I very much appreciate all of your time and your thoughts here.

This is a good rip. I really had a good time. So thank you all. You're all invited back anytime, of course. And anybody watching, all of these guys, their Twitter handles are in the show notes. And from there, I'm sure you'd be able to find any. that they're doing. So anyways, guys, thank you very much. I appreciate you. We'll see you again soon. Thanks, buddy. All right. See you guys later. And everybody watching the stream. Thank you so much for being here. As always, please, please do hit like, subscribe and share. All of those things are super, super important. They really do actually help get this in front of more people. If you really liked what you saw, you can also

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You will be greeted with a lightning QR code, or if you tap to the right, a regular Bitcoin QR code. And that's that. Thank you guys again. have a wonderful day or evening wherever you may be and i will see you guys next time for your daily session huddle the bitcoin