BTC Sessions - WHY ARE WE BULLISH? My Livin Truth, Ian Major, Matteo from Orange Pill App ep310
Episode Date: December 17, 2022FOLLOW TODAY’S PANELISTS: https://twitter.com/My_Livin_Truth https://twitter.com/ian__major https://twitter.com/orangepillapp 💪 SUPPORT THE SHOW: Start9 is your Bitcoin & lightning node, and ...full personal server - enabling you to take back control from the gatekeepers of your money and data! Grab an Embassy today and become truly self-sovereign! https://start9.com/ Coinkite offers the BEST Bitcoin hardware on the market. Use this link to get 5% off anything in their store: https://store.coinkite.com/promo/BTCSessions HodlHodl is a NON-CUSTODIAL, NON-KYC solution to stack sats peer to peer! Buy and sell Bitcoin while maintaining privacy. Furthermore, you can check out their Lend platform for p2p loans that are never rehypothecated. Sign up and try it out today! https://hodlhodl.com/join/QUEM BillFodl: get your wallet backups in solid steel and protect your hardware with faraday bags! https://privacypros.io/btcsessions Shakepay is the easiest way to buy Bitcoin in Canada Sign up now and get $10 free after your first $100 purchase! https://shakepay.me/r/BTCSESSIONS Free video tutorials not enough? Need some extra hand-holding when mastering self-custody, multisig, coinjoin, running a node, or other skills? Book me for a private session on my website! https://www.btcsessions.ca/ BITCOIN tips: https://strike.me/btcsessions
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What is going on, everybody? Welcome to the show. It is another Friday, another episode of why are we bullish. We got an awesome panel tonight to returning guests and a first timer who sent me. I was wearing it on the show last night. Not right now. It's a little warm in the office. But dude sent me a wonderful hoodie, which I'll be rocking again next Friday as well. But shout out to one over guests. We'll do intros momentarily. You'll find out who that is. Of course, this is live. Anything can happen. So I defer.
to my friend Bill here.
We'll do it live.
Okay.
We'll do it live.
Do it live.
I'll write it and we'll do it live.
The fucking thing sucks.
Yeah.
If you have not already, do like,
subscribe, share all those things.
They help so much in getting this content
in front of more eyeballs. I am Ben with the BTC sessions.
This is your daily session.
Tuddle their Bitcoin.
All right, before we
bring in our guests. Let's take a look at where we are in the market right now. This is
Timechain Calendar.com. Excellent resource from a guest of the show that was on just last
week, T.C. AKA Meditation Man on Twitter. Anyways, awesome tool. So we're sitting at 16,746 cuckbox per coin.
A single US dollar, aka Moscow time, will pick you up 5,972 sats. 91.6% of all Bitcoin have been
mind, which is 19.24 million. And in terms of fees, it's looking like around, no matter what you
do, around double digit, uh, stats per byte, if you're looking anytime in the next six blocks or
so. Um, yeah, not too much going on outside of that, though. Let's give a shout out to sponsor
the show, coin kite.com. They've got the best hardware in the game. I love my cold card mark four.
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Now of my rambling, though, guys, we got to get on our guests here.
We got to get bullish.
Opti, welcome.
Ian, welcome.
Mateo, welcome.
Good to see you guys.
Thank you for being here.
I think a quick round of intro for anybody that's familiar with who you are would be great.
So let's start with Opti.
Opti, opti.
Can you give us a little intro?
Who are you?
What do you do, man?
Well, what's up, guys?
I am just a bit coiner.
Everyone knows me as Optimus Fields now shortened to Opti.
As you can see, I'm at My Living Truth on Twitter.
Just an all-around shit poster.
But no, I am part of Simply Bitcoin.
So, you know, we are also Bitcoin content creators out here.
And we're just pushing that Bitcoin signal and trying to get more people adopting Bitcoin
and trying to do it in an entertaining way so we can break out of our echo chamber.
I love it, man.
honestly simply bitcoin is is my go-to uh to fill myself in on the news when i'm not doing it myself
and and nico is a legend coming over and helping me out yeah yeah he uh he knows what's up uh so um yeah
i appreciate you guys you guys do an incredible job over there and uh if if anybody's watching
that's not subscribe you got to go subscribe to simply bitcoin what are you doing with your life
fuckwise.
So let's get some more
intros out of the way.
Mateo, good to see you
first time on the show.
Can you let people know
who we are, what you're doing?
Hey, Ben.
Hey, nice guys.
Nice to me.
You.
Yeah, so I'm Mattelope Ligini.
I'm a founder of,
what is it?
Orange Phil Up,
which is the,
pretty much the social layer
of Bitcoin.
So we're trying to get the playoffs
to find each other in real life
and, you know,
build friendship,
families,
podcast,
tutorials,
you name it.
It's all about
bringing the PLEPS together
in real life.
So that's what I've been doing
for the last six months,
pretty much full time.
And before that,
I would just
24-7 Twitter,
podcast, Bitcoin,
buying as much as I can.
So that's the story.
That's awesome.
And I got to meet you down
in L.A. for Pacific Bitcoin.
You had a booth going on there.
And I'm,
I've got my Orange Pill app on my computer right now.
Soon Android, I understand, but right now iOS, but I do have it on my Mac.
That's great.
That's awesome.
Awesome.
Up next, Ian, dude, welcome back.
Give people an intro if they're unfamiliar with you.
Thank you for having me back.
Hello, hello, fellow savages.
I'm Ian Major.
I'm the co-founder of an early stage startup in the Bitcoin space called Joltz Rewards.
we help mostly smaller merchants integrate a suite of Bitcoin rewards into their ongoing loyalty efforts.
And then as a side hobby, I run a YouTube channel, which is Ian Major, All Things Bitcoin, where I cover All Things Bitcoin.
Tutorials on how to acquire Bitcoin, secure it, privacy best practices, running your own node.
I kind of view myself as like a second layer of defense.
If the YouTube algorithm is having a bad day and it's not directly teleporting plebs to BTC sessions,
then I've got the catcher mitts as a second line of defense because we cannot be letting
folks slip through the cracks and make it over to BitBoy crypto, whatever other nonsense is out there.
So as always, pleasure to be here, looking forward to the conversation.
Thanks for having me back.
Shots fired.
Shots fired.
But yes, absolutely.
Go subscribe to Ian.
I love seeing more educators hit YouTube.
It is much needed.
the more educational content that can be out there helping people through their basic setup
of how to even begin interacting with Bitcoin.
It's so valuable.
So yeah, super stoked to have you on, man.
So gentlemen, we're going to get into why are we bullish?
Before I do that, something fun in the chat.
I don't know if you guys are familiar with Brian DeMint.
He wrote a book called Bitcoin Evangelism.
It's pretty good.
And so he's doing something.
He tagged me on Twitter right before this,
but he's in the chat right now.
So he said,
I'm dropping 12 seed words for 100,000 sats throughout the show.
Stay tuned.
And he just dropped the first word, which is ramp.
So if anybody's going to start trying to brute force this seed before the end of the show,
there you go.
You probably need a few more before you get it.
Nonetheless, it'll be fun.
Well, Brian is going to be one of those guys.
10 years from now.
I'm going to look at all this stuff that he gave out.
I know.
He's tweeting.
He's like,
I'm going to be,
I'm going to have my Laslo moment with,
with this.
So, yeah.
Yeah, this isn't fair for us, though.
Like, we got to pay attention over here,
not the words in the chat.
I know.
I'm going to be sitting,
jotting them down off to the side.
Yeah, absolutely.
Awesome.
Well, gentlemen,
let's,
let's get into the show.
So this is why are we bullish
for anybody that's watching is unfamiliar.
Very simple concept of the show.
We each come with a,
reason why we're bullish, something that's exciting to us, something that we want to chat about
that's top of mind. And so we go by the three hours. The way it's going to work is somebody's
going to drop their reason for being bullish. Then together, we're all going to riff on that reason,
questions, comments, whatever comes of it. And then third, we're going to rotate until every person
gets a turn. Reason, riff, rotate, simple, easy as pie. And I'm going to get us started today. So I'm
actually, and Opti, I'm glad you're here because your friends.
Nico got me ramped up about a particular topic yesterday. He was talking a lot about Bitcoin and
energy. And, you know, Bitcoin and energy cannot be separated because of proof of work. And it's,
it's what tethers Bitcoin to reality as opposed to things like proof of stake, where you get to,
as Vitalik would say, create your own reality and laws of physics, which like when, when
you want to be certain that your money is going to work, you probably want to base it on laws of
physics that you're familiar with, not things that you can continually make up and tweak.
I know that's what I would like out of my money.
However, I got pretty excited because, and I, excuse me, because I've made some, I was pretty
excited about it.
So I made a couple little notes for myself that I wanted, like a couple job notes I wanted to touch on.
So I think that the world right now is very energy ignorant.
And myself included still, I'm learning, but I would like to think I'm much more informed than I ever was previously because of this marriage of Bitcoin and energy and this inability to pull them apart from each other.
So there's a lot of things that aren't common knowledge.
So, you know, things like energy density, you know, like where you're getting your energy from,
it's not just like all energy is the same.
Like, it can be in a very, like, compact form or it can be very difficult to extract large amounts
of energy with large amounts of whatever the mechanism may be to collect that energy.
Reliability and intermittence is not concepts that a lot of people, they just take them for granted.
Things like transportability.
A lot of people don't realize that energy,
you can't just package up and then just take it anywhere.
When you transport it, there's energy loss.
Things like stranded energy,
like that applies to transportability.
There is such thing as stranded energy
where there's large amounts of energy in certain places.
And you can't really get it to a grid easily to be used by people.
And that energy just kind of sits there,
goes goes to waste. Nobody really utilizes it in any way, shape, or form. A lot of people don't realize
that for the grid to work in any metropolitan area and really anywhere with people, in order to
prevent rolling blackouts, you effectively have to be running the grid at 100% energy consumption
at all times to make sure that if you do get to that peak consumption, you don't have rolling
blackouts. You don't have people without power when they need it. And when it's not being used,
when it's not at 100% capacity, then energy largely just kind of goes unused and is wasted.
Beyond that, there's no such thing as a lot of people talk about opportunity cost when it comes to,
let's say, renewables. And this is where the Bitcoin mining comes in. So there's
remote regions, parts of the globe where maybe there's hydro or something like that. And if you're
using hydro to supply power to a town nearby, you know, that's great. You've got a free source of
energy there, more or less. But at the end of the day, there's not really, in a lot of instances,
transmission lines that can get that energy very far before there's too much energy loss to
like merit maintaining the lines.
So some people will refer to, oh, well, if you're using stranded hydro for Bitcoin mining,
oh, there's an opportunity cost.
You could have, even though it's, you know, quote unquote in the good graces of people
advocating for green energy, they look at it as, well, you could have used that to charge an
electric car or something like that.
And you're like, well, no.
Because how are you going to transport that energy from rural China to San Francisco where you plugged in your Tesla?
Like it's not that doesn't really happen.
It's just economically unsound and not possible.
And so I've seen a lot of narrative, especially even the past few days, I've seen tweets from people that maybe don't understand some of these concepts.
and they talk about emissions of miners.
But they don't think about emissions when it comes to, let's say, electric cars.
Or that neither of those things actually really have emissions except for in the energy that they're using.
So I'm getting to a point here, but I just want to play this clip that I uploaded here that I found interesting.
So a lot of people think electric car.
Okay, electric car.
green electricity there's no gas you know there's no gas going into it there's no smoke and and and
you know fuel there's no stuff coming out the back i don't see smoke coming out the back of the car so it must
be green so this is a clip of uh when gm was announcing their Chevy vault or something like that
their electric vehicle and i just i just want to kind of point out that it's not always as clear as it
seems when it comes to what's green, what's not, how energy works.
So I'll just play it here.
It's as simple as that.
The batteries are in the trunk?
No, the battery in this particular design is a T-shape right down the center and across
the backseat area because everybody thought we killed the electric vehicle.
No, we did.
It's alive and well.
So what's charging the batteries right now?
What's the source of electricity?
Well, here, it's coming from the building.
I mean, what's there a mix of power?
Oh, actually, Lansing feeds the building.
What's that?
Lansing feeds power to the building.
So I don't know.
They're a bit of coal.
They're heavy on natural gas, aren't it?
Right now the car is charging off of your grid.
Right.
It would be charging off our grid, which is about 95.
about 95% coal.
So you're telling me that vehicle is coal powered?
So my point that I'm trying to get to here is it's not always as clear cut as people
think it is.
And they may think that they're doing one thing when in fact they're doing quite the other.
And the hypocrisy of pointing to an electric vehicle and saying this is green and then pointing
to a Bitcoin miner and saying this is going to boil the oceans, when both run on electricity
and the actual energy mix is entirely dependent on where you're actually sourcing your energy
from is just insanity.
And so why am I bullish about this?
I'm bullish about this because energy producers are getting this.
Energy producers are seeing the relationship between Bitcoin and energy, particularly
waste energy. So you see Japan's largest power company beginning to mine Bitcoin with excess
energy. You're seeing, you know, Russian oil producing subsidiaries, natural gas giants,
so and so forth. You're seeing ConocoPhillips diving in. You're seeing ExxonMobil.
And then you're also seeing things like here in Canada and Quebec, their energy in Quebec,
they're just saying, oh, no, Bitcoin mining is bad.
We don't want to supply power to you.
Or at least we don't want to supply power to any new miners because it's bad, because it uses energy.
So then they're selling energy to somebody else.
It's the same energy.
It's coming from hydro in Quebec.
So there's literally no difference whether it's charging a car or using a Bitcoin miner.
It does not matter.
And the one thing I wanted to point to here is,
This is from enterdynamics.com.
Basically, they're talking about how much energy is produced globally
versus how much is actually used versus wasted.
And it said, according to the energy information administration,
34% is the actual used energy.
In other words, 66% of the primary energy used and created for electricity
is wasted by the time the electricity arrives at the customer meter.
So massive amounts of the energy that we create is just simply waste it.
And it could be used for something.
And you could be used to secure a global monetary network and make all of the energy
that is put into pushing buttons and pulling levers and figuring out our economy
and doing all of these things to try and hodgepodge together a global monetary system.
That can just be more or less automated as a base layer of money with Bitcoin on
waste energy.
And I think that's a fantastic thing.
And I think the world will gradually come to understand it.
There's very interesting things happening in places like Madeira that is leaning towards
being very Bitcoin friendly, using Bitcoin as like a legal tender there.
And they're uniquely positioned in that.
They're an island.
And so there's no such thing as like, oh, we'll use, we'll transmit our energy
elsewhere, we'll sell it to other people. It's like we produce a certain amount of energy.
If we don't stay at 100%, we'll have blackouts. We can't source energy to the island.
And we have a lot of excess energy when we're not using it. Could we monetize that?
So there's going to be certain locales that get it first. And they'll get a lot of benefit out of that.
I'm excited for Bitcoin to be an educator when it comes to energy and help the globe better
understand what energy is where it comes from how it can best be used. So that's why I'm bullish.
So I'm going to open it up to you guys. I don't know, Opti, I saw you nodding a lot. Do you have
thoughts on this? Well, yeah, I mean, we were basically covering the same story. And first and
foremost, guys, you know, I hate to break it to all the climate change hysterics out there.
But, you know, coal rules the world. Like fossil fuels make the world go around. And hey, you know,
I am just someone that acknowledges reality.
So, like, you know, the feel good stories are just that feel good stories.
And then to your point, man, like, I didn't know that metric of 66% of all energy is wasted.
Like, that's absolutely amazing.
Like, when plug into Bitcoin miners?
And, you know, to, again, to another point you made, like energy producers are incentivized to find ways to make profits.
So, like, it's inevitable that they will find their way to Bitcoin.
And it's awesome to be here to see it happen in real time.
and I'm reminded of something that I said on our show.
Someone on Twitter, I forget who it was, and forgive me guys.
Again, my memory is pretty bad.
But someone said to the effect that Satoshi not only gave us digital scarcity, but he gave
us a second gift, which is the incentivization and the profitability of excess energy
and revolutionizing the energy sector.
So, you know, it's absolutely insane that politicians and the ilk out there, the people,
people that don't want us to hold Bitcoin are continuously parading this idea of Bitcoin waste
energy when we know that it's not a waste of energy. Like you said, you know, what better use
for energy than to continuously power the most free, inclusive, and equitable money in the
world? Like Bitcoin's connection to the real world is a feature, not a bug. And this connection
is via energy. So, you know, my next question is like, when are we powering Bitcoin miners with
nuclear energy and then we're really going on to, you know, like breaking through, like going to blow
people's minds and really tapping into energy sources. So again, you know, absolutely bullish. And I
can't wait to continue to see this trend play out. And then obviously, you know, the people like
the Quebec company or or the whole, the whole province, yeah, the whole province, you know, I hate to
drop the memes on, but they will have.
fun staying poor and they will see people that use Bitcoin's energy start to make profits and they
will be incentivized to do it themselves. So on the long enough time frame, you know, Bitcoin
incentives stay winning. So let's go. Yeah. You know, Blockstream was had some mining operations to
come back and they, they basically fucked off because they were like, well, you guys are, are like,
you were giving us a great deal. You like wanted us to come here. We set up operations. Now you're
totally changing your rules of engagement, it's too volatile a situation for us to deal with.
So we're just going to, we're going to go somewhere else that's friendlier.
And yeah, so I mean, they're going to, whatever, Bitcoin miners will just filter to where
they're treated best.
So I don't know.
Mateo, I want to get your thoughts on kind of what I was chatting about.
Like, what are your feelings on how people, like, I don't know.
I'm going to disappoint you, but I think what you just said is great and obviously is all true.
And it's obviously the case that Bitcoin incentivize renewable energy and reduce waste.
But I think the problem here is that we're measuring the system from the system.
the bigger the bigger picture it's it's uh it's uh the big coin
it's not about renewable energy it's about uh killing the biggest pollution on earth
which is inflation yes people don't get this but inflation is what inflation equal climate
change or inflation equal pollution why because when your money go down you have to work more
which means you have to drive more.
Your company has to produce more products.
They have to sell more products.
You're going to buy more product because your money is worth nothing if you're giving the bank.
So you're going to buy more.
So now imagine all this product going around the world, China, Vietnam, to the United States.
That's pollution.
Inflation equal pollution.
Deflation equal green.
energy, green world. So the way I like to explain Bitcoin and energy is like, forget about
this minutia details, which is true. Think about, you know, the big picture. Once you explain
to people that inflation is possibly the biggest cause of climate change, if you believe in climate
change. And then Bitcoin is the only solution to inflation.
So Bitcoin is the only solution to climate change.
Yeah.
You're spot on when it comes to like inflation drives a society of overconsumption.
Of course.
Like it's obvious.
It's a forever growth.
I can tell somebody's been reading the price of tomorrow.
Oh, yeah.
Somewhere here.
Yeah.
Yeah.
Yeah.
It's definitely, you know, Jeff Booth, it's obviously the.
author of this idea that if you keep measuring the system from the system,
it's going to be hard to explain to people that you're going to end up with people that say,
no, but what about emissions? What about, say, look, you care about climate change? Great. Let's look
why there is climate change and let's look how inflation plays in climate change. And then let's
look what is the fix for inflation, which obviously it's only Bitcoin because it's not going to be gold.
I mean, we try that.
It's not going to be CBDC.
I mean, that's even more inflation.
Oh, yeah.
That's mandated inflation down to your individual wallet.
Inflation 100x.
Yeah, that's consumption.
That's non-consumption taxes.
If you don't consume, we're going to tax you and take money out of your wallet.
The government wants you to spend every single dollar.
Yeah.
Which means you have to buy something.
you have to go somewhere, you have to consume, which means pollution.
Yeah.
It's as simple as that.
Yeah, yeah.
Saving's bad.
Saving means that the fruits of your labor are put away for a later time.
But if you put it away for a later time, then they're worried that you won't be a good little consumer and continue to work into your 80s to support their.
wealth extraction.
Well, the Ponzi scheme, it's a Ponzi scheme.
Yeah, more or less.
Technically speaking, it's a Ponzi scheme, right?
Yeah.
All the bonds are repaid by future buyer, not from growth.
You know, like any debt that is now repaid with growth is technically a Ponzi scheme.
Yeah.
So the bond are the biggest Ponzi scheme on Earth.
Yeah.
Absolutely.
As people as that.
Ian, I want to get your like a, like,
What is Opti drinking? Invisibility?
That's great. I love it.
Ian, I want to get your thoughts on the energy topic here.
Yeah, I mean, it's impossible not to be wildly bullish about the intersection of Bitcoin mining,
the economic incentives therein, and energy in general.
The way I think about it is from an energy abundance standpoint, right?
Like there is almost nothing other than implementing, you know, hyper-bitquinization.
There's almost nothing else that you could do that would correlate as closely with human
prosperity than enabling cheap and abundant energy for all, right?
Like that is such, I mean, you know, it doesn't matter what data set you're using.
It is just a straight line or perfect correlation.
If you can lower the cost of energy, make energy more abundant, that equals more human
prosperity because energy is the master resource that goes into everything that we enjoy in our lives.
And so, you know, you think about, Ben, what you were talking about in terms of unlocking some
of these stranded energy sources or energy sources that would otherwise be stranded because there's
only but so much that, you know, forced coercion and government kind of subsidies can do.
Like, you're just not going to get there.
You're just not going to unlock some of these, you know, huge energy sources to really move
the needle on availability and abundance. Bitcoin is unlocking like truly insane energy sources.
I forget the, is it ocean bit? I'm not sure. I forget the, right, ocean bit. This is like a
100 plus year old challenge of how do we harness energy from the dip, from the temperature
differential in the ocean, right? You've got warmer water on top, of course, where the sun is hitting
it, you've got colder water further below. I'm no engineer, but apparently you can extract
energy from that differential. The problem is that it's out in the ocean. You have to build a platform.
You have to build all this sort of infrastructure just to do anything with it. This was something
even Nikola Tesla pondered. And for a long, long time, humanity has wondered, how do we tap into
an energy source such as this? An ocean bit is a really, really interesting company. I think
you're based in Hawaii. There's a good
Robert Breedlove show
with the Ocean Bit guys that
folks should check out. Like, that's
crazy. If you unlock that, that's
unbelievable in addition to all the kind of
solar wind, blah, blah, blah.
Like, I don't think anyone's arguing against
more energy of all stripes
and flavors. Like, the more the merrier,
the more the better. And so that's
what gets me really excited is some of these
more just again, exotic,
stranded sources that suddenly have a real free market incentive to come online and there is just
a that goes directly to prosperity. So hard not to be bullish. Ian, I just had a thought you were
talking about this ability of harnessing the differential and temperature and ocean. Do you guys
remember that Tom Cruise movie, Oblivion? It's like set in the future. Anyway,
there's a scene that comes to mind.
Are these Bitcoin miners?
Should be.
Yeah, yeah.
It's written.
I think, I think, I think Tom Cruise may have just,
may have just predicted future Bitcoin miners.
The aliens told him about Bitcoin.
Yeah, I think so.
And the last point that I'm going to make here is,
this is also bullish in the point of whatever it was 60, 60 something percent of all energy basically being waste.
A lot of people often worry, well, once the block subsidy drops to zero, is our fees going to be enough to like subsidize people to secure the network?
Well, if you're an energy producer and you in 60% of our energy is just waste, then of course, it's free.
You're getting paid for your garbage is what's happening.
You're getting a kickback for what you were going to dump in the trash.
And so why would you not capitalize on that?
So I think that even when the subsidy drops insanely low, there's going to be energy source.
and excesses of energy that, that, you know, our tower above the amount of energy we use right now,
that will still be funneled into Bitcoin mining because, strictly because it's waste.
And that will be what secures the Bitcoin network.
Now, it would make it be a lot more difficult to be mining at home from like a grid in a city.
But at the same time, the network will be incredibly secure.
And if you're close to an energy source that is, or if you're,
have excess energy at your disposal in some way, shape, or form, then it would, it would only make
sense to be using a Bitcoin miner in that instance. So yeah, hella bullish on it. Very excited.
But I'm going to wrap my topic there.
Can I want to have something? Yes. So I think that at some point the countries are going to mandate
that energy wasted should be a benefit to Bitcoin mining.
Ooh. Why wouldn't they do that? Top down, we must get as many,
rewards from the Bitcoin network.
You strengthen, think about El Salvador.
Like, why wouldn't they, you know, as a country, if country don't Bitcoin and they have
wasted energy, then either they do than serve or they incentivize whatever you want to
call it, the money on Bitcoin.
Yeah.
Well, I mean, especially if you've got, if you do have state energy providers, right?
Then, I mean, that's a no-brainer, right?
Like, why would, if you can't offload the energy anywhere else?
It's basically free money.
Yeah.
Yeah, more relaxed.
And if you're corporate, if you're private, then it also makes sense.
It doesn't matter who it is.
It's always going to make sense to utilize all the energy you have at your disposal.
It's like cash on the table.
It never gets left.
So, awesome.
Well, we're going to do a rotation here.
Everybody in the chat, thanks for leaving all the messages and everything.
I got to give a shout out to this man.
World of Rusty.
Good morning.
I guess it's morning for you.
But he did some crazy artwork for me for my upcoming show next week.
It's going to be insane.
I'm very, very excited for it.
But I got to show off the art because it's just, it's a thing of beauty.
But World of Rusty put together this thumbnail for the Christmas special next week.
It's just like the most beautiful thing I've ever seen.
And I got it printed and it's now on my wall beside me here.
And it's fantastic.
So shout it to World of Rusty.
The best part is Greg.
The best part is Greg in the background.
Outside.
Yeah.
Yeah.
Yeah.
He's outside the window.
He wasn't invited.
He just really wanted to come.
I actually talk to World of Rusty pretty often because it is some graphic for us.
And I'm like, I saw this like, man, I want one of this.
Can you make it?
a poster. Please make it as a poster. Let's get a referral link, whatever. And then I think that's how you found
out that he made the poster. It was me like make a poster, please. I love this piece. I did.
It's going to be like a museum like 50 years from now and it's like a piece. Oh yeah.
Like I think I think what I'll just do is every time I have like a massive show, I will hopefully
be able to call on World of Rusty and then I'll just eventually my whole wall will just be different
portraits of various
like Christmas specials.
That is very cool design.
I mean,
yeah.
It's amazing.
It's amazing.
It's amazing.
The time of the players is,
it's mind blowing.
It's incredible.
So yeah.
Anyways,
let's do our rotation here.
I'm going to toss it over to Ian now.
Ian,
I know you're on a bit of a time crunch here,
but we want to get to your reason for being bullish
before you do have to go.
So I'll just hand it to you by saying,
why are you bullish, man?
man what a tough question right there's so many reasons so uh i guess to start to try and narrow it down a
little bit i am bullish on just the sheer pace of building this bear market especially around lightning
and i know this gets tossed out pretty much everywhere we bullish right because it's true uh you had
70 plus projects enter into the legends of lightning tournament this was a global hackathon that recently
concluded if you haven't checked it out i would encourage everyone to check out the different projects on
Funds website. It is super, super cool. The array of different ideas, projects that have come out of that,
one of which I'll go into in more depth in just a moment. You had 70 plus attendees at this past
Tuesday's first ever Taro community call. So Lightning Labs put this on for different developers,
different companies, entities, you know, open source devs that are looking to build on Taro.
And so if there was any question of, are people going to do things with Taro?
The answer, at least based on this, is an emphatic yes.
You've got the Wolf Accelerator coming up.
You've got more and more Bitcoin-only capital flowing into companies, especially those focused
in building on lightning.
And out of all of that activity, something that I am particularly pleased and bullish to
see are some of the new tools that we're seeing around helping to orange pill individuals.
right? And how do you do that in the right way? How do you not just, how do you avoid sort of
chucking someone into just the easiest custodial option? I think all of us are familiar with some of the
challenges. You know, you either have to point someone in a particular direction and kind of hope that
they find their way, you know, maybe they stumble into things, or you have to really hold their hands
and you have to talk about Bitcoin and you have to combat all the fud that they have and reverse
all the programming that they have, you know, in their brains. You have to talk about the
different wallet apps. You have to talk through all of that. So either way, you know, you've got this
sort of this sort of challenge. And so the grand champion of the Legends of Lightning tournament
is a project called LightSats. I don't know if anyone's to check this out yet. This is hot off the
press. But everyone should check this out. You can go to lightsats.com. They are on Twitter at,
I think it's LightsSats 21. I just did a video on this today if folks want to check that out on
my channel where I go through a kind of tutorial of it, but it basically allows you to gift or tip
Bitcoin to someone else. And you say, okay, well, that sounds not, I mean, it's cool, but,
but what they've done is build in a lot of really cool features so that it really guides the
recipients step by step through the process. Shout out to Isabella, Elizabeth, if you all are
watching. I literally practiced this earlier today, and it, it just works.
So how it works, you set up and create a tip or a gift.
You send that as a link to a recipient.
It's just a web link, right?
Anyone with a browser can access that link.
So it's not an LN URL, right?
Anyone with a browser can access this.
And then it basically takes the recipient through a number of steps.
It says, congratulations on claiming a bit of Bitcoin, but we're not done yet, right?
And so then it goes into, well, what is Bitcoin?
Bitcoin is digital cash.
Bitcoin is absolute scarcity.
Bitcoin, not crypto.
So it has this sort of like quick slide show of some of the key educational points to really
set that initial context and foundation.
And then you move on to the next step, right?
Okay.
The next step is to take self-custody because guess what?
If you don't claim these stats in, you know, 21 days is the default.
But if you don't claim these sats in a certain amount of time, they go back to the Gifter.
Okay.
So I'm incentivized to, right, take self-custy.
This is why self-custody is important.
And then it gives you a list of recommended non-custodial lightning wallets.
Breeze, I think, is the main one that they recommend, but there's Moonwollet, there's Phoenix, there's
lots of other options.
And so it will literally then have them install the app.
Then they come back to the workflow and it says, all right, you're now ready to withdraw your
sats.
And it presents them with an LN URL that they can then copy into the app they just downloaded.
And boom, there you go.
I think a lot of folks are familiar with, you know, breeze, moon.
Some of these use like turbo channels, which are basically zero confirmation channels
that allows someone to receive stats very, very quickly in a non-custodial fashion over the Lightning Network.
So like boom, boom, boom, the recipient has their stats.
And then they get congratulations.
You have a small fraction of a Bitcoin.
Here are some other resources for how you might want to spend your stats or earn you
more or secure them or donate them, tip them, blah, blah, blah, blah, blah.
And as you can see, Ben, as you're showing on the screen, the other really cool feature
is that you as the gifter can track their progress.
So you can sort of see, oh, they're getting stuck at the download wallet stuff, right?
And there's a leaderboard to, you know, they've kind of gamified it.
Who can orange pill to most people?
But anyway, as you can tell, I'm pretty enthusiastic about this.
I encourage folks to try this out, right?
tis the season, holiday season, gift all your loved ones Bitcoin through Lightsat. So it's a really,
really cool example, shining example of, you know, some of the new tools, because we often think
about this tradeoff of, you know, self-custody and usability, right? And I refuse to believe that that
is an actual trade-off. And I think we're seeing more and more tools that refuse to take that as a
trade-off, right? You can have both. You can have something highly usable and, you know, non-custodial
slash self-custy. By the way, that doesn't mean that we should just shroud everything in mystery
and hide everything forever from the user, but it's important to give folks a way to ease into
this in the right way. To give you another completely different example at Jolts, we're experimenting
with a self-custy lightning wallet where the user wouldn't even have to download an app of any kind.
So this is through something called app clips on iOS. I think it's called Instant Apps on
Android, but it basically allows you to run a portion of an app.
So you would still want them to ultimately download, you know, the wallet, but it allows
the user to at least do some cool stuff even before you download the app of any kind.
So stay tuned for more there.
You can follow us at Joltz rewards on Twitter.
Joltz is with a Z.
But like these are just two of several examples.
And the reason I think this is so important, think of all.
think of all the people who have ever been orange-pilled.
Some of them have been orange-pilled by some random friend in 2014.
Some of them have been orange-pilled by Sailor.
Some of them have been orange-pilled by the various folks on this stage, right?
And if you think about, like, the method with which individuals get orange-pilled
and the correlation of that with their longevity, like, how, you know, how hard are those
diamond hands?
It depends, I think, in a large way in how you got orange-pilled.
And while the sailors of the world are incredible evangelists for Bitcoin and have no doubt
orange-pilled thousands and thousands upon thousands of people, I have, in my personal experience,
found the most success in terms of people going on to be like really grisly, hardened hodlers
when there is that personal touch, right?
when there is that someone that they know that they trust who has demonstrated sort of conviction
in it, I think this has always been and always will be a bottom up movement.
And so these new tools are giving folks new ways to ease that process for others.
So if you're not bullish by that, I don't know.
I don't know what's wrong with you.
this is the most bullish thing is that I didn't do any other than like pulling up
pulling up the page that's not pulling up the QR codes other people that are watching right
now did all of this so somebody logged in via scanning the QR code then I just did the clicks
to bring up like oh let's make a voucher somebody funded it with a lightning wallet and now
somebody else just claimed it is nuts it's crazy
Yeah, so there you go.
So now everyone knows.
So go,
go Orange Bill, your loved ones, this holiday season,
and be merry.
That's so awesome.
And whoever did log in,
I will log out so that I'm not using your account.
But that's really, really cool.
I was hoping that would get like all the way through
by the time you finished your reason for being bullish.
That's incredible.
There's so much cool stuff happening then.
Like there's so,
all of these tools that are coming out are just making it so interesting, fun,
but also it's getting easier, right?
It's not, it's you can.
And obviously there's going to be tradeoffs everywhere, right?
Like right now, if you want it to be easy and fast,
there's going to be a level of control that you may give up.
But that is rapidly changing too, right?
The wallets are becoming it's possible where lightning doesn't have to be custodial
all the time to have it be easy.
There's starting to be more and more options out there.
And it's just, it's so cool to see the pace of innovation that's happening.
But I do want to toss it to maybe Mateo first and then Opti.
Mateo, like, how are you feeling about the pace of innovation?
What's happening through this bear market?
It's insane, man.
It's insane.
Speaking of the Latin Network, so I have been in Bitcoin since 2016,
2017 so I was around for a lot of stuff I was one of the first strike user I still have my strike name is
mr. Bitcoin like give me that name but what I've never realized because obviously I never you know
I never had a business in Bitcoin until now is that how yeah it's cool that you can scan like your
code and pay it's pretty cool is it much better than credit card yes but the pain the business
have in dealing with the field world. It's a billion times. Just to give you an example. So I have this
app, Orange Pill Up. It's a membership based up. So you have to pay to use the app, right?
And everything is managed by Apple. So we don't take credit cards, no compliance, which is great.
They take 30% commission. Not one, not two, not three, 30, three zero. And, and, and,
And it does, but wait, it gets worse.
They hold the funds for two months.
And why is that?
You tell me, what do you think Apple would not give me the money?
Chargebacks, probably.
No.
No.
Because in the field world, if you have money in the bank account, you get paid every day.
The theater will incentivize all this mega,
corporation to hold the funds as long as they can. So I imagine lighting network, I get paid immediately,
zero fees or, you know, 0.1% fees, no K.C, because you know, you got to do KOC when you
go through the Apple. And yeah, I mean, it's, so, so the lighting network is amazing from a
consumer side, but I think what is going to really be like the business like operator, like
who wants to pay 30% fees when you can get it and wait two months to get the money, right?
Yeah.
When you can get it immediately.
So that's, so the push from the lighting network from all different angles is going to be like,
it's mind blowing.
And one, so one project that I seen that I was like quite impressed is this company called
Tiankei, which is based in San Salvador, you know, you know, yeah. Darvin's great. Yeah, I don't even know
how to do this, but basically they will manage all the, because let's be honest, running a Latin
neck or node, it's not easy. It's not easy. I spent two days talking to chat GPT,
trying to figure out how to manage the liquidity and the nose and all that kind of stuff. So Tianki,
they have this software, this program where you link your wallet to them,
they manage all the liquidity, and then the users pay the invoice,
and it goes straight to your wallet.
So it's complete non-custodial, but yet you don't have to run a note,
which for 95% of people that are in business, they don't want to run in those, right?
Like, let's be honest.
Yeah, like that's pretty difficult for the average person to manage channel and everything.
The idea of, I like the idea of, and I think this is what, is this what Breeze or Phoenix does,
but trampoline nodes where basically there'll be a node that has a fair amount of liquidity.
And then when you open up, when you open the wallet with them, like, you're still, you still have a lightning node on your phone,
but they open channel liquidity between you and their large managed node.
So like you still have custody of the funds, but you know, there's there's, you don't have to worry about like, oh my God, how am I going to manage payments?
Yeah, it's fantastic.
It's managing payment on the Lightning Network.
It's challenging to say the least.
So that's so this is what?
Liding Network is all five years old, four years old, five, five.
So the pace of progress in the Lightning Network, it's outstanding.
And yeah, so I believe.
that the lighting network would be the standard
for online payments.
Like there's no reason to use credit cards
or there's literally zero reason whatsoever.
Once both side of the equation
like the business people and their users
can just connect your code, get the money.
And no problem.
Like this is like it's mind.
And also micro payments,
you know, instant settlement,
all that kind of stuff.
Hypothetically speaking,
No taxes.
Hypothetically speaking.
Yeah.
Hello, IRS.
I don't know, but I mean, come on, man.
I think about it, right?
Like, I get charged 30% by Apple.
The CRA with with a magnifying glass on this show right now.
Nice try, IRS.
Whatever.
So I, so Apple takes 30% and on the remaining 70, I still have to pay the government.
how insane is this?
Lighting network,
hypothetically speaking,
0%.
So yeah, so that's,
so that's, yeah,
so people are going to flock to Bitcoin because it just,
it just,
you know,
100 times better product.
Even if you don't care about some money,
even if you had zero interest in like inflation,
deflation, that kind of stuff,
just the product of the Bitcoin
and all the second layers and third layer,
It's just, yeah, it's people are not going to be able to resist the songs of the Liding Network.
Yeah.
So that's, that's one reason why I'm bullish.
I love that.
I'll go more if you want.
I'm going to defer to you in a moment here.
I want to get Opti's thoughts first.
But also, Opti, I need your, I need your thoughts on this comment too.
So jealous of all the women and simply Bitcoin group, he's trying to hook up with Opi.
He definitely is beating his roomie at racking up a notch count.
Well, I think he's talking about the running joke that Christine Legarde is my ex-girlfriend, that Janet Yellen is the next girl.
And what's that one, Van van van der Leyen woman as well.
I'm just racking up all the central bankers apparently, you know.
Hey, I'll take it.
I'll take it.
Yeah.
And then I mean, obviously, if you're good with women, then you've got to be good with
money and technology. So we'll shoot on this end to what do you think of the innovation and
what's Ian has been talking about. Yeah, man, honestly, super bullish on what all you guys were
talking about. And I think this is just a testament to the meme that all of us have on Twitter.
You know, like Bitcoiners build in the bear market and shouts out to Becca because she's in my
soundboard. I am building. So, you know, I don't have a specific example off top of my head,
but the amount of building that I've seen this cycle, this bear market,
it does seem like it's more than the last cycle in 2018 and stuff.
Like it really does feel like the amount of adoption worldwide is picking up
because of the builders out there.
And we are saturating popular culture.
Like we have, I don't think we've ever had this much eyes on Bitcoin,
whether it's in a negative light or a positive light.
And obviously, as you said,
Ben, I really like how you said it.
Like, it's getting easier to be a bitcooner.
And I, like, Mateo said it as well.
You know, in the beginning, I joined Lightning.
I think it was like 2018.
And it was like, it was so hard for me to get on it.
I literally had to use Piero Schard's Lightning Launcher app.
And it was like, I, dude, I just wanted to get it to work.
And I couldn't figure it out until I just downloaded his app and it worked.
And now we're at this point like you're saying, Ben, you know, you just download a wallet like Breeze or, you know, I know,
I know Moon's got, uh, people are talking.
talking about the fact that it's not like completely lightning on the back end,
but the onboarding experience is getting a lot easier for people out there.
And this is what we're all trying to do is just get people onto self-custody.
And that, uh, what's it, lightningsats.com.
Like, that's a really, really cool project out there.
And I will definitely have to use it more and trying to get my friends and family on
because they still think I'm the crazy bit corner.
And someone said in the chat, like, guys, we are still so early.
It's just, it's just amazing that we are, you know,
this early into Bitcoin and still kind of flushing out the user experience.
And we're all seeing it in real time.
And I know we have the other meme of Bitcoin is like zoom out,
lower your time preference.
Like we get so impatient at times where it's like,
man,
the builders are building.
And,
uh,
you know,
we're just kicking back and posting memes.
Well,
personally,
you know,
I'm just in the media front.
Well,
we get to,
I mean,
we get to highlight the builders,
right?
We get to,
we get to show people the cool stuff that they're doing.
So yeah.
again, Ian, I think it's it's never a topic that isn't relevant because there's always something new and exciting.
Like I had no idea that either of the things you brought up existed.
And now I'm learning more stuff.
Like I want to be, I think I'm probably going to create one of these tips and post it on like one of the normie social media platforms for my friends and family that aren't orange pill.
And just see if anybody bites.
Because if you say like, oh, here's.
There's 10 bucks here.
Somebody will, they'll take five minutes to be like, oh, I'll see if I can get it.
Like, I don't know.
Absolutely.
I think it's so cool.
So, um, awesome.
Well, we're going to do a rotation.
Ian, I know that you'll, you'll be kind of in and out and dicey after, after this point.
But you want to hang around for a few minutes before you bail.
That's cool.
Um, give us a little one of these before you do have to head.
But, uh, we're going to do a rotation here.
Um, by the way, we're up to the seventh.
word with Brian here.
Seventh word is humble.
I've been posting the other ones across the screen,
but if you haven't seen them,
scroll through the chat.
He's been dropping them.
All in order, by the way.
So, yes, and yellow.
Yellow is here.
So yellow.
Good to see you.
You are featured in the poster for next week.
So we're going to rotate.
I'm going to toss it to, actually,
I'm going to toss it to Montaio here.
And I'm going to let you discuss why you're bullish.
What's top of mind?
What has you excited this week, man?
Well, this week, I just look at the chart and like, holy hell.
The price is what?
What is it?
You're right here.
Somewhere.
Somewhere there.
$16,800.
And I look at the chart, and that was the price in January, 2018.
It's like I found a time machine.
I could go back to 2018
when there was no sailor
the lighting network was super hard to use
there was all this knowledge
all these products that are coming out
and they're just going on board
the next 100 millions
to 100 millions of Bitcoiners
that didn't exist in 2018
but I can buy the
I can buy the Bitcoin at the same price
like how is this
like it's like you find a time machine
and you go back
four years.
We have to go back and buy Bitcoin.
People say, oh, I wish I bought in 2018.
It's now, so 2018 is now, but
we have all these content,
education, products.
And, you know, your country band
have taught a lesson
to, I think, a lot of people
that you should never trust
your government. You should never trust
your bank account.
And, you know, Ukraine and Russia,
the world, whatever you look,
it's kind of like the system of
fiat is you can
see the cracks in the dam.
And so
for me, it's like, you know,
the problem that Bitcoin solves
it's only going to get bigger.
It's inevitably to be getting bigger.
Which means
Bitcoin is only
going to get bigger.
The solution has to match the problem.
If the problem gets bigger,
they need for the solution.
people are going to start looking.
I was listening to, oh, you, sorry.
Who else?
Who else would I listen to?
You talking about the woman in Ukraine sending the packages,
the relief packages in words on.
And she used Bitcoin because of, you know,
what else can you use, right?
Maybe she would never be in a Bitcoiner
if it wasn't, you know, for,
these situations, let's call it.
And so now she's one of us.
And tomorrow there's always going to be more.
And once they go down the ruby hole, my friend, there's not coming back.
You know, I never met anybody that says, yes, I listen to Michael Seller.
I read the Bitcoin Standard.
I listen to maybe 100 podcasts.
Yeah, I think Fiat mine is great.
And, you know, it doesn't work like that.
Once you cross that bridge, you're not coming back.
Yes.
So it's just a matter of time.
It's just a matter of time.
So by now, you're buying.
If you're buying now, you found a time machine.
Yeah.
It's, I mean, it's such an opportunity.
It's funny because now when you hear somebody say something like, oh, I got in, you know,
and you say a year, it's, it's always, you assume something about like how early or late they were,
but like you're getting the same opportunity right now.
If you understand quick enough, if you, if you hone in on the signal quick enough,
you are able to have the exact same opportunity that somebody had, as you said, in 2018.
And so the incentive to learn to find the signal and to do so quickly is massive right now.
And the cool thing is, is I've got to say this is the first cycle that people have learned so quickly and have realized that Bitcoin is the signal and have navigated to it rather quickly.
And I think it speaks a lot to the quality of people out there that are educating people in and around why Bitcoin, why it's different from everything else.
But I hope those people that are new and that have gravitated to just Bitcoin, I hope, one, that they recognize the opportunity, but two, that they've also kind of put themselves in a position where their habits.
allow them to hopefully stack some additional sats because I know shit's tough right there like
central banks have fucked everyone right they you know rates down to zero forever create um an environment
where money is easy and you're just going to pump the stock market nonstop then literally
lock everybody down print trillions and then as soon as you're out of that just ramp up interest rates
at the fastest pace in history.
They've literally fucked everyone.
But I'm hoping that some of the people out there that have been kind of learning either
have or are getting themselves in position to get their head down, work, spend less than they
earn, and then save in a money that cannot be debased.
if you can learn those lessons even if you don't have the ability to stack sats at the pace that
you'd like right now over the course of your lifetime those lessons and those habits
are going to put you so far ahead of the pack it's it's going to be ridiculous so again don't
if you're feeling kind of shit about the situation of the world right now as most people
are probably you know everybody's feeling the pinch everybody's spending more than they want to
on the same things that they had the other day
and now they're getting less of them.
But the lessons that are kind of being taught by Bitcoiners,
those core tenets of providing value
and keeping the fruits of your labor
and something that can't be whittled away by the state,
in the long run, you will come out on top.
So take those lessons.
Optia, I want to toss it to you
and get your thoughts here.
Well, I really like that point that you made about, like, the habit.
I think that is so on point.
You know, I've lost everything in a boating accident,
and yet I am still able to stack sats because Bitcoin has changed me.
But to Mattel's point, yeah, man, the cheap sats are an opportunity.
And I think all of us, I know we felt the pain, currently bleeding sats.
But, hey, it's still an opportunity to stack sats right now.
And in my opinion, it's never been safer to buy Bitcoin than it is today.
And not only that, like, it's never been more obvious to me.
Obviously, I'm so far down the rabbit hole that like, and laser focused on Bitcoin and
everything going on, that it's just like it, it's a glaring signal.
It's like a foghorn telling me, like, the world needs Bitcoin more than ever.
But human psychology is, it's a funny thing.
You know, most people will rather buy it at 69K than they would at 16K because they think
Bitcoin's dead.
And all of us here and everyone in the chat is like, yo, Bitcoin is on sale.
Like personally, like I said, it's never been more obvious.
to me that Bitcoin is winning and we are succeeding. And I really like how my tail put it.
You know, like I remember I got in in 2017 and now it's like, wow, I never thought I would
get these prices again. I was as bull-tarded as everyone and thought we were going to 100K by,
you know, seven months ago. But hey, we are here and we get the stack at this opportunity.
And I think this is a further testament to the point that we've been making of the amount of
adoption around the world. You know, this is giving everyone around the world.
opportunity to become a whole coiner and get on the Bitcoin train. And so, you know, again,
it is our job to spread the good word of Bitcoin. And here we are. And I think what you said,
Ben, is also a very telling point. It's, uh, people are learning so fast now because it's a testament
to the amount of awesome Bitcoin only content out there. Like, there is way more Bitcoin content
out there than it was when I came in in 2017. And I believe it's never been easier to, you know,
get to the center of the Tutsi pop out here and bypass all the noise because, you know, I remember when I got in,
I got hoodwinked by all the shit coiners and I would have, well, I don't have any sads, but I would have way more sats today if I got to the Bitcoin message earlier.
And so I really believe that there's no excuse for people nowadays to really go into shit coinery unless they are just honest with themselves and they realize that they want to gamble.
and you know if you're honest with yourself then by all means go do it but understand that bitcoin
is the only uh experiment that is worth putting your wealth into and the only thing that is worth
saving in so again to matales point yes uh the bitcoin price is down and that's just an opportunity
for all of us to stack more sats the only number that matters is the sats under your control
so let's go absolutely yeah and and to hone in on the
the last thing you said, under your control.
Get it off the exchanges.
Get it into your own custody.
It's the way to be.
And don't let yourself be a victim because some people,
they honed into all that signal,
but they deviated just slightly.
And they thought, you know what?
I see Bitcoin's the answer.
I want Bitcoin.
Maybe,
but maybe I can earn a little bit of yield on my Bitcoin.
Fuck.
It's not.
The yield was not there.
The yield.
You were the yield.
You were the exit liquidity.
So guys, be careful out there.
There's no replacement for hard work and staying humble and stacking sats.
Just get your head down, do the work, whether you're working in Bitcoin or whether
you're fiat mining and stacking stats on the side.
Whatever you're doing, just don't take the shortcuts.
Because the shortcuts, you might feel pretty rich for a little while.
but it can all crumble in an instant.
So, yeah, we'll leave that topic yet.
And yes, Seafunk, not your keys, not your corn.
Absolutely.
That's, that's, that's, it's, I love the first time.
It's the first time that you can actually own an asset.
Yeah.
In history.
Yeah.
It's the first time.
Even your house is not your house.
Yeah.
When you think about it.
Yeah.
You pay rent on the house that you own.
the state. Yeah, it's the first time you can own an asset and you still don't do it. Yeah. Like,
why? It's also free to own it. You know, I mean, whatever is the cost of a ledge or whatever.
Like, it's, yeah, it's mind-blowing. You can own an asset and nobody can take it by force or by dilution.
And it's pretty much almost free to secure it. And you're going to have miners. You're going to have
people all around the world
that are working 24
7 to secure your
asset. Yeah. Which is mind
blowing, right? Your Bitcoin
is secure by
millions of miners around. That is strangers.
Yeah.
Amazing. Amazing.
Like, he doesn't need an exchange, right?
Yeah. It's incredible.
Don't blow this moment
in time. Like, like Mateo said,
this, we just
hopped in a time machine and went back four years.
What would, what would you do?
if that was the reality, it is right now.
You have that opportunity.
Does anybody know what's the price of Bitcoin in horses?
In horses?
Yeah.
Do you?
No.
Okay.
Is that like an actual?
Well, because when people told me like, oh, the Bitcoin price is down in,
and I say in what?
In dollars.
Okay.
What is the price of Bitcoin in candles?
you know? No, why not?
It's the same. What would you care? What is the price of Bitcoin in a, in a failing system?
What is the price of Bitcoin in Soviet currency? I don't know.
Yeah. Right? In all of us. It's the same trajectory over the long run. What do you want to
hold? All right. Well, we're going to round that topic and we're going to come around to
our final one. I got to give a shout at one more time because earlier in the
show is talking about that awesome poster and then and then world of rusty was like yo i should make one
from like the show that we were talking about the original one was sailor uh and so he he had made the
image for back then um but he made it a poster now so as soon as this show is done i'm buying it
and putting this one on my wall too because it is it's it's obviously epic as well but yeah
this was the one with like press and fish jeff booth american hoddle michael sailor
and Jack Mallors.
And it was a hell of a show.
And many others came afterwards.
But World of Rusty, dude, I will be purchasing that immediately.
Opti.
I know you just had the mic, but it's your turn, man.
Why are you bullish?
No worries.
All right, I'm going to take kind of a contrarian take here.
Well, as most of you already know, you know, Elizabeth Warren is out here parading.
and saying, as well as her friend saying that Bitcoin is a threat to national security.
But I want to make the point that we are winning this meme more out here.
We are winning the narrative because I remember when Elizabeth Warren was, you know,
parading around the idea that Bitcoin is backed by thin air.
So we have gone from Bitcoin is literally backed by nothing to Bitcoin is a threat to national security.
And now I understand that most people might think this is bearish, like this is something of concern.
But this just shows to me that the politicians out there, the, as we like to call them on Simply Bitcoin, the monetary demons, the high-level parasites, they fully understand the stakes of the game out here.
And this just means that they understand that they have lost this game.
And the only game that they have is that narrative control of the truth.
Remember what Naibu Kelly wrote in a don't drink the elites Kool-Aid.
All they can do is monopolize the truth.
And so I am now a part of the propaganda wing of Bitcoin.
I say this literally with like as much positivity as possible.
We are all propagating the truth.
We are all propagating this Bitcoin signal.
But the powers out there, they know what's going on.
I don't think that they're uneducated anymore.
I am fully convinced that they know the existential threat that Bitcoin is instilling in their
heart.
And so I would like for more politicians to come out like this.
And, you know, shouts out to Brad Sherman because I think he might be the only
truthful politician out here because he fully knows exactly what bitcoin will do and he is
anywhere anywhere possible he is ringing so hard and like literally anytime i hear him speak i'm
like this guy gets it like this is exactly what i'm talking about like this is what i try to tell
people every single day so you know i did again uh you know as matel put it you know i did
unironically get myself on zero fiat this whole time and now i'm in the bitcoin industry so
So this is one of those bittersweet moments for me because we are in this position right now
where the majority of the world doesn't understand Bitcoin.
But I have this suspecting feeling.
It's just like this nagging in my ear that the pendulum is swinging back towards freedom of speech
and freedom of property.
And I think people are waking up to the fact that they do not want this woke culture.
So like as much as everyone's favorite Karen out there, Elizabeth Warren, is telling us that Bitcoin is a national threat.
I think people are waking up to the stricent effect of like, whoa, wait, didn't you just tell us a few months ago that it was nothing?
And now you're absolutely afraid of it.
So like, which one is it?
Because if it was nothing, why are you giving it so much lip service?
And again, this is back to the idea since I am part of, you know, the media now.
I am so close to the new cycle that I really do believe that we are at this point.
and I've called it in the past, like crossing the Rubicon into mainstream consciousness.
And I really do believe that we've gotten to this point where almost everyone has heard about Bitcoin,
whether they've heard about it negatively or positively, you know, that's, that's a different matter.
But everyone has heard about it.
Like, you know, I go around and I think when I'm out in public, all right, how many these people are actually Bitcoiners?
And it's very far and few in between.
But I know every single one of them has heard about Bitcoin.
So, again, we are.
winning this narrative war so hard.
Like, it's absolutely insane to me.
And of course, the monetary demons are trying to shit on Bitcoin.
But I'm reminded of what Christine Lagarde always says.
And she has been as honest.
Shouts out to my ex Chrissy Lagarde.
But remember when she was quoted as saying, oh, my God.
Remember?
Yeah, exactly.
Remember when she said, if there was an exit route,
if there was an escape from the monetary fiat system that is designed to steal from you,
then people will use it.
And so the more they talk about Bitcoin, the more I am just more and more bullish,
because I understand that what we're doing here,
and it's kind of a testament to what we've been saying the whole show,
is like there's no excuse to keep your head in the sand anymore.
Like it's become extremely easy.
There's all kinds of content out there to become Bitcoin and become a Bitcoin-only evangelist.
And so people are escaping the great Leviathan.
People are escaping the Titanic Seeking, which is the Fiat system.
And like I keep saying, I don't think it has ever been more important to be a bitcoins.
So the fact I'm seeing these politicians parade out here and essentially starting Crypto Wars 2.0,
I just get more and more bullish because shouts out to the OG cypher punks of the 90s,
wars and the fight for encryption. And here we are. We have that mass freedom tool that is Bitcoin.
And we have everywhere around the world opting out into Bitcoin. We've seen all kinds of
adoption around the world. We've seen all kinds of new products come out. We've seen, you know,
Naiv Buckeli and his country adopted. That was last year, two years ago or whatever. But now
we're seeing those ripples actually play out. And it is no longer an excuse for these
these people out here to say that Bitcoin, you know, isn't relevant anymore because it's in the
news cycle every single day. Like they have to talk about Bitcoin. We have forced the narrative.
And as a bitcoiner, again, I really like how Mattel was taking all these, all these takes and
flipping them on their head. I think it's become more obvious to me right now that we are winning
and we are winning the narrative. And this is what we try to talk about all the time on simply
Bitcoin. Like, we are in a way.
war for the hearts and minds of the people out there.
And if we can continue to get Bitcoin in front of them,
continue to expose the hypocrisy of the powers that be of the central bankers and the
central planners, then the House of Cards will fall upon itself.
And again, though we are in the first innings of the Then They Fight You stage,
I think it is absolutely bullish that we have gotten here because Bitcoin has a way of
exposing people's incentives.
And so at least we know like who's who and on what side people are because if you're not pushing Bitcoin,
if you're not trying to push people into self custody of Bitcoin, then my first thought is you are just
suspect as a person.
You must just hate humans out there because this is why we do what we do is because we are so
bullish on Bitcoin.
But the reason we're bullish on Bitcoin is because it helps humanity.
And I'm team human.
I want all people to succeed because I understand that the game is rigged against us.
and these people are continuously showing their cards that they don't want you to prosper.
They don't want you to be able to save.
I'm reminded of what Eric Kaysan said.
He's just like, guys, how are we the criminals?
How are we the crazy ones when all we want is to save in a money that doesn't steal from us?
And now we have these politicians out here, you know, parading around like they are the social justice warriors that they believe they are.
and we know one thing.
Either they're like, or actually a few things,
either they're paid off.
They're completely naive to what is actually happening
or they have an incentive to lie to you
because they have their lives in the Fiat world
and they get paid off from it.
So again, we are winning this narrative war
and we will continue to win this narrative war
because of all you guys out there,
all the Bitcoiners, Ben, you know,
Mattel with this app, us at Simply Bitcoin,
and all the other Bitcoin-only content
that continuously ridicules these people
and brings the receipts.
It's like they can say all they want,
but boomer writing pieces of paper,
it's not going to have us change our code.
It's not going to stop us from taking Bitcoin into self-custody.
I think Mateo said it best,
like once you wake up to the Fiat scam
to the rigged system against you,
like there's no going back.
It's like, you know,
again, I'm the cliche Bitcoin are referencing Matrix.
But it's like once you get unplugged,
you don't go back into the Matrix
unless you're going back in to pull people out of it.
And so, you know, while we get, while we do get a lot of heat,
and of course, you know, the normie out there is looking at the price is like,
oh, you're an idiot.
Like, what are you doing still shilling Bitcoin?
It's like, it's never been a better opportunity.
And it's never been more obvious that we need Bitcoin to escape the madness.
Like the Fiat system, even though they could probably kick the can down the road for who
knows how long, it's becoming very obvious that they are losing control or have already
lost control and the only thing that they can control is the narrative. So this is why we do what
we do. This is why we, you know, shit posts on Twitter. This is why us over at Simply Bitcoin,
Nikol and I are on this mission of trying to not only educate our friends out there and entertain
our friends, but break out of our little echo chamber and try to do what the shit coin shows do
on YouTube. And it's get the masses onto the Bitcoin standard. And it's something that we,
you know, we don't take very lightly and we're just very humbled that this is our opportunity.
It's like, okay, well, maybe we're just, you know, at the right place at the right time and we can get
more people on Bitcoin and do it in a way where we have fun and we enjoy it. But we don't negate the
fact that, yeah, we are heading into nefarious dark times potentially. And so, you know, it's just
one of these things of balancing. It's like, look, we know we're in the then they fight you
stays, but that just means that they're completely petrified of what we're doing. So this is why we got to
do it harder. We've got to continue to iterate on the message and try to spread Bitcoin as far
as humanly possible because, you know, Bitcoin is team human. Bitcoin will help society.
And Bitcoin is and that's all that matters. And they can't stop it. So like winning.
I love it. I mean, you're absolutely right that these politicians coming out the woodwork.
I mean, what's his name? What's the guy's name? Sherman, Sherman, Brad Sherman. He is the guy who
gets it. He'll come up right now. He's like, this will undermine the US dollar. You're fucking
right it well. That's what is designed to do. Like it's he's he speaks. I mean, he says some dumb
shit, but like at the same time, he understands the crux of what is trying to be accomplished here.
And it's just that he doesn't like it. But he, I mean, he kind of gets it. He he does tend to
group all of the other bullshit in with it. He doesn't understand like the difference between Bitcoin and
crypto, but he does understand the intended goals of Bitcoiners.
And, and I mean, I guess kudos for that.
He sees through that pretty well.
But you get, you get somebody like Elizabeth Warren.
Like she was out there parading and grilling bankers over the financial crisis and all
this shit they were able to pull off thanks to the legacy system.
And she's out there saying like, you screwed so many people.
like she's trying to clamp down on them and everything.
Bitcoin created as a solution to that problem,
to the legacy system that gave birth to these maggot,
like just disgusting like leeches of humans that are using the system
to just leach away people's purchasing power and grow to the sizes that are too big
to fail and then get bailed out by the government again leaching off the the the fruits of the labor
um the fruits of people's labor uh through bailouts and and then she goes and she attacks the very
thing that was created to stand up against the very people she was fighting against so she's effectively
if she got her way she would further empower the same scumbags that she would
was screaming at in 2009,
2010.
And she's,
and she will not budge on it.
Like,
she's so fucking stubborn about it.
And there's no changing her mind.
She's just going to sit there and scream.
And it's kind of like that meme,
okay,
grandma,
time to go to bed.
Like it's,
and she will,
she will fail.
Because even if,
and like,
there was a stat,
I think it was,
um,
uh,
the,
the,
the,
the,
the,
the,
the,
the,
the,
the,
magazine, tweeted out, like, how many of the bills that she's backed, the pieces of legislation
that she's actually presented have actually made it into legislation, one out of like 200 or
something like that.
So like it's not, it's not going to pass.
And it's so, it's so far reaching and draconian that like anybody with like a semblance of
sense would be like, oh, maybe we back it off a little bit.
So it's not going to pass as she's presented, obviously.
It's doubtful that it will make it very far.
But let's say a nightmare scenario where it did pass where everything that she wants comes to pass.
All of a sudden, you download a wallet, you run a node, you have a miner, you have an exchange, you have really any interaction with Bitcoin whatsoever.
You are a money service transmitter.
Like you need to have a money transmitter license.
what happens in that instance?
Well, we can take some lessons from China.
China banned fucking everything,
everything, including mining.
Do you want to know how much of the hash rate is still in China?
20% of the whole fucking network is still in China.
And it's banned by one of the largest,
most draconian governments on the planet.
If that's any indication of how well a ban would go,
it'll be about as effective as the war on drugs.
So, but is that true?
20% is still in China?
Yeah.
Yeah.
That's kind of like the general.
I had no idea.
Yeah.
I thought it was like almost zero.
No.
That's insane.
Yeah.
So I mean, it's obviously like hidden away, but like, you know,
somebody comes to investigate, they pay some people off under the table.
Like it would continue to exist as that.
They could, they would probably make examples of a handful of people.
I'm not in the state.
but like let's say this kind of regulation came to Canada.
I'm fucked.
But if it did, I, like at that point, it becomes a very real like, well, now it makes
sense to not live here anymore because my entire livelihood would cease to exist, right?
Like I've, I'm rooted in this.
I believe it's the path for it.
I believe it's the path forward for it for human flourishing.
And at the point where it would uproot my entire, entire life that I've built, obviously,
sell everything I own and move to a place that's friendly.
And then you get that sovereign individual thesis playing out.
And then the places where it is friendly to, where do you think all of the people that decide
to, you know, pull up roots and move go to the friendly jurisdictions.
And what jurisdictions do you think are going to flourish?
The ones that are siphoning off the fruits of people's labor or the ones that are
encouraging entrepreneurs to build the best things possible.
and earn money that will be wealth for generations.
I know where I would want to be.
So I think this just plays out.
It's just how bumpy is the road on the way there?
I don't know.
Well, you know, this is the story of America when you think about it.
That's literally why people flee the Europe and came to America
because they wanted an opportunity to build whatever the hell they wanted to be.
Right.
without being in slave or in prison or whatever.
So this is literally what she's proposing.
It's literally, I'm sure she is not going to pass,
but whatever, it's literally anti-American.
It's literally anti-American.
It's insane.
But she, if she was more beautiful,
she would be in Hollywood.
She's obviously acting.
Yeah.
It's pretty obvious to me.
one day she say one thing
the next day she said the opposite with the straight phase
I mean she's pretty good actress
the problem is that she's not good looking
so she has to be a politician
otherwise you know
yeah
but my thesis is that in 20
probably not 2024
but by 2028
we should have
a serious Bitcoin candidate
for politicians in the United States
by then I'm quite confident
And somebody like Michael Siller, but politician, like Andrew Yang or Tech Cruz, whatever,
if, yeah, it's just a matter of time that people are going to be, because politicians,
they're like so serving people, right?
They look, okay, which policy, which issue is going to get me votes?
That's how it goes.
99.9% of politicians.
So the moment that Bitcoiners and what, like single voting, single voting Bitcoiner,
past 20%, 15%, I don't know.
I mean, you lose and win election by 5%.
Yeah.
So if you can get this hardcore Bitcoin voting bloc,
I mean, I don't know if you're going to become president,
but maybe at least you should be on the national stage talking about,
I mean, you guys have won in Canada, right?
What is it made?
Pierre.
Yeah, Pierre Pahliev.
He, I would say, if there was an election
right now, it might be a coin toss.
I think.
I mean, Trudeau, obviously.
Yeah, yeah.
So, I mean, like, it would be tough.
Like, it's, I'm not confident that he would win, but there's a definite possibility.
And I don't know, maybe, I don't know if it's 50, 50, or if it's more like 40, 60.
but it's not
as far off as people think
it's a very real possibility
and people are getting sick of Trudeau
there's never been a prime minister
that has won as many
like that historically
if he held another election
there's never been another prime minister in history
if I'm recollecting right
that would have won as many as him
if he were to win the next
selection.
Interesting.
You don't have limits?
You don't have limits?
No, there's no term limits.
It's fucking insane.
It's like my country.
He's all the same.
Yeah.
Yeah.
So it's so, but he has a minority government and the only reason that he's really like
kind of keeping power right now is one of the other political parties has basically
paired with him to vote alongside whatever he does.
And if they were to break ranks, then it could trigger an election.
and it looks like they're kind of leaning that way now.
So there might be an election in 2023.
And if there is, there's a possibility,
there's a possibility that there could be a bitcoiner as the prime minister of Canada.
Wow.
Imagine that.
Imagine.
I, to be honest, I hope there's not an election next year.
I hope the election comes maybe in one more year.
Even better would be 2025 because that's when they have.
have to have one. There's like a limit to
how long before you have to have an election
and the latest it could be is 2025.
2025 would be a spectacular year.
Yeah, boom, markets, you know,
if it's four-year cycle.
Yeah. But man, even if he doesn't win,
you still have put Bitcoin on the map
in the mind of the people. Yeah.
Think about UBI.
Yeah.
If Andrew Young didn't run in 2016,
when did he run? Can you ever?
2020, 2016.
Yeah, I think.
No, 2020, my bad.
2020.
He ran, he lost badly.
But now his idea, UBI, is pretty much accepted on one spectrum, aside of the spectrum.
So you don't even need to win the election to make Bitcoin mainstream.
You just need to be on the stage and say, hey, we need to do, we, we, we, Bitcoin is the solution to blah, blah, blah, blah.
Yeah.
That's what you need.
You're 100% right.
you plant a seed and now the difference with him planting the seed of UBI is you need a top down
you know government approval to make that happen with Bitcoin you plant the seed it's ground up
every individual can say oh shit that does work so in an instance where let's say he's running
and like hopefully in a maybe a couple of years and every every person that was like see if you had
invested in Bitcoin at exactly this point,
you would be down this month.
That argument will be fucking gone.
And then he'll get to parade around and be like,
I was right.
You guys just have shit timing.
Right now, I think he's smartly not saying anything.
Because every Normie can't compute
anything longer than two and a half weeks.
Right.
Like nobody, nobody has the low time preference to understand.
anything beyond like what is on my monthly schedule, especially when it comes to economics
and when it comes to budgeting or anything like that.
But give him a couple of years and he's going to get to strut up and down and all across
Canada and say, that'd be great, man.
There you go.
I called it.
Yeah, low time preference, baby.
Yeah, yeah, exactly.
Gentlemen, I'm going to start wrapping up.
But what I'm going to do before we wrap up is I'm just going to get any quick final thoughts that you have.
And more importantly, I'd love you guys to have a recommendation of anything you might like people to check out.
It could be anything.
It could be a website, a book, an app, a like a podcast you've heard, a video you've watched, literally just any, anything that you know, you find interesting that you think is cool to check out or that has maybe helped.
you in your Bitcoin journey, could be whatever you like.
So what I'm going to wrap up with saying is I think that we're going through a period of
education for society as a whole.
And like there's, you know, you think of the average intellect of a person.
And then you realize that 50% of the population is dumber than.
that person. Okay. So we're fighting an uphill battle. But nonetheless, there's a general education
happening. And the reason being is that up until now, our monetary system has been one that is
fabricated, at least for most people, like all of their lives, it has been fabricated. It's not based
on anything real.
It's, it's as, again, as Vitalik would say, it's, it's our own invented universe with our own
laws of physics.
That's what fiat is.
And that's what crypto is.
And I think education is coming to the masses through just tough lessons and economic
reality because Bitcoin is here.
And now we're seeing the realities of energy coming to pass with.
with energy policy on top of monetary policy.
And people are going to learn a lot of lessons about how these two things actually function
in the coming years.
It's going to be a little rough for some people that may not fully understand.
In fact, even people that do understand, it's going to be a bumpy ride.
But we will get there.
And as we get there, people will become better informed about how these things work,
or at least will intuit the way to best preserve the fruits of their labor and the way to best extract energy to improve their lives.
So I'm looking forward to that in the coming years.
And I think, yeah, it'll be a great thing to witness over time.
As far as recommendations, because he's in the chat, I've got to say, Brian DeMint wrote a book.
I see it on my shelf right here.
I'm not going to get up to grab it,
but I will say it's awesome.
It's called Bitcoin Evangelism.
And yeah, if you're looking for a good Bitcoin read, pick it up and check him out.
But he's in the chat, Brian DeMint, D-E-M-I-N-T,
and the book is Bitcoin Evangelism.
So, yeah, check it out.
And he's been dropping the words in the chat here.
I think he dropped all 12 words.
Brian, if you haven't, drop them quick.
But we'll see if somebody claims it in the chat and my camera's out, but it will be back in the second.
Nonetheless, yeah, check out, check out the book.
Check out, Brian.
You should be able to find them on Twitter relatively easy.
And with that, I'll toss it to Opti here for any quick final thought.
And if you got a recommendation for us, man.
Yeah, man, definitely.
Well, my parting thought is just kind of putting a bowtie on what we talked about in my
why are we bullies segment.
You can't ban yourself from Bitcoin or you can't ban Bitcoin.
You can only ban yourself from Bitcoin.
So shouts out to everyone trying to ban Bitcoin.
To me, this just proves why you need Bitcoin.
If a government tells you that you shouldn't own Bitcoin, it's probably a signal for you
to own that Bitcoin.
And again, I say it every single day, you know, provide the value, stay humble, stack sets
because reality is a harsh teacher
and you're better off aligning yourself
with the universe and getting on
the Bitcoin standard. This is
the way to prosperity, guys. It's a very
simple process. I know, I know
you like to overcomplicate things, but
all you need to do, oh, there goes, there goes
my recommendation. All you need to do is get on
the Bitcoin standard. All right, hold on, hold on.
All right, my recommendation,
I've had this for a few
weeks, it's been chilling, and
I literally just started reading it last night.
and it's a Bitcoin Mining Handbook by Brains.
I absolutely love it.
The simplified explanation to explain Bitcoin mining to people,
I am going to steal that because it's a way better way than I've been explaining to people.
So definitely get that book and read the first three pages.
So you can explain Bitcoin better to your friends when they ask you,
what is Bitcoin mining?
And why does it waste so much energy?
I love it.
I need, that's one book that I really do need.
Awesome. Well, Optia, I appreciate it being on here.
We'll give one last word to Mateo.
Any final thoughts and a recommendation?
Go ahead, man.
Yeah.
So final thoughts, man.
We are, yeah, we're about to win.
It's every day, the way I see is that every day that goes by,
it's one day closer to the Bitcoin standard.
So if you have a project, if you are an artist,
if you have anything to contribute to the Bitcoin world,
just go ahead and do it.
This is the best time to do it, the world markets, you know.
You don't get distracted by the price.
You can build.
And then when the bull market comes back,
you know, people are going to appreciate your work even more.
So definitely build because we need as many developers,
as many educator, as many builders, as many artists.
We need as many people as possible on this boat.
and recommendation.
Maybe I'm biased.
But whether you use the app or not, whatever,
like go and meet more Bitcoin's in real life
because nothing gives conviction
than spending time with another Bitcoin.
And, you know, we were at the Bitcoin Pacific
and I remember like, and I was like,
this is like an alternate universe, like big,
Like, the Bitcoin Pacific was literally the day after our friend Sam from the Bahamas got cool.
And everybody was happy.
I'm like, this is like, and I look at these people as like, this is amazing.
Like, this is what is all about.
Like, you know, once you unplug yourself from the matrix, it's a better, it's a much better life.
It's a much better world.
And we can all build together.
This is just, you know, we're super early and there's a lot to build.
So definitely go and meet Bitcoiners, you know, download the app if you have an iOS.
And yeah, we're about to win.
I love it.
Can I add to what Mattel just said?
Hyper-Bitconization can happen today, guys.
If you hang out with only bitcoins and you spend your Bitcoin on the products that you want,
why are you waiting for the future?
It can happen right now.
Exactly.
We have everything that we need to do today.
Absolutely. I'll give you a shout-up again. There's my, there's my on my desktop.
Oh, you're going. So eventually, when it's on, when it's on Android, I'll have it on my phone.
Is that the Tinder for BitConners?
Yeah, it's, it's, it's quote, it's not a dating app. But there's, it's grind there for
Bitcoin. A lot of dudes hitting up my DMs. But it is kind of cool when you see like, you know,
oh, there's actually some Bitcoiners in my area.
You can chat and be like, oh, let's set up a meetup, stuff like that.
If you don't have a meetup in your area, this is maybe a good way to get one going.
So anyways, nonetheless, gentlemen, thank you so much for both being here.
And also shout out to Ian, who was here earlier and had some great things to chime in as well.
You're both obviously welcome back anytime.
So we'll see you soon.
Have a good night, gentlemen.
Thank you, guys.
Thank you, Ben.
Thanks a lot.
You have, Ben.
All right.
And everybody watching, thank you so much.
I have something important that I need to drop on you right now.
And that is the 12th word.
Brian DeMint has been in the chat.
He's been dropping words one through 11 in a seed phrase.
That means 100,000 sats.
And I have the 12th word right here.
And I'm going to say it live on the show.
So if you've been jotting down those 11 words,
you might be sitting there with the 12th,
then you might be ready to sweep that wallet the second.
I utter the word away.
The last word is away.
If you get this and you sweep it,
feel free to drop in the chat.
Let me know that you got it.
But the 12th word is once again away.
And yeah, you'll be sweeping away those sats out of that wallet
into your own custody if you've got the other 11
that were all in the live chat there.
So, Brian, that was awesome.
I'm going to wrap up with a couple things.
before we get out of here.
Of course, guys, it's coming next week.
A week from today, the Christmas show.
I'm so excited for it.
It's going to be so fun.
There is like 30 guests, all of which I'm astounded
are even giving me the time of day.
But they will be there.
There's so many fun people coming for this.
It's going to be an hour earlier than an hour earlier than
a normal showtime.
So it's going to be 5 p.m. Eastern time.
And it's going to be,
it's going to run probably till 10,
probably five hours or something like that.
Here's a quick rundown of the guest list.
Rodolfo Novak, Stefan Lavera,
Max Kydden from Haudill,
Matt Hill from Start 9,
John Stephanopoulos from Future Bit,
Seed signer, Adam O,
Nico from Simply Bitcoin,
Steve Barber from Upstream Data,
Alex Glassstein, Robert Breedlove,
Lynn Alden, Tip,
John Valis,
Michael Sailor,
Samson Mal, Bernard Perra from Bitnob, Jack Mallors, Joe Hall from Coin Delegraph, Jeff Booth, Obie from Fetti,
Adam Back, Elise Colleen, Mark Moss, Safedine, Greg Zazj, Yellow, Sean Harris, Bitcoin Beka, American Hoddle,
and more. And obviously, we'll maybe have some surprises in there as well. There's also
going to be some hella giveaways, which I'll be announcing through the week in some tweets leading
up to this, but there's some going to be some good shit. There's going to be some merch. There's going to be
some hardware going out. There may be a block clock micro in it for some lucky person. There may be some
$200 bit refill gift vouchers, multiples of those. There's going to be some good shit. So make sure
that you show up. It's going to be wild. It's going to be a lot of fun. I'm very, very excited for it.
It's going to be awesome. So guys, thank you so much. Of course, like, likes.
subscribe, share, all those things super important.
They'll help get this content in front of more eyeballs.
If you wanted help out the show in another way, you can hit up the sponsors down below.
Coin Kate, or Coin Kite, Start 9, Hoddle, Hottle, Bill Fottle, Shig Pay.
You can also, if the free, the plethora of free tutorials that I have on my YouTube channel are not quite enough
and maybe you need some handholding some one-on-one.
You can book those through my website, BTCSessions.ca.
And if you really liked what you saw, you can always drop me a Bitcoin tip.
and my strike page.
That is strike.
Dot me slash BTC sessions.
Get there.
Type in any amount you want.
You don't need to be a strike user.
Hit the tip button.
You'll see a lightning invoice or if you tap to the right,
a regular Bitcoin QR code.
With that, I am out.
Have yourselves a wonderful day or evening.
I'll see you guys next time for your daily session.
Tuddle the Bitcoin.
