BTC Sessions - WHY ARE WE BULLISH? The High Council Of Bitcoin Bens Discuss ep173

Episode Date: May 18, 2021

In a week of Bitcoin FUD reaching an insane degree (no pun intended), the #WAWB High Council of Bitcoin Bens convenes to riff on what has them feeling bullish 🐂. 👉 Ben Prentice: Artist, linguist, armchair economist, timechain maximalist, and producer of the What Bitcoin Did Podcast. https://twitter.com/mrcoolbp 👉 Ben Carman: Developer at SuredBits and contributor to Wasabi Wallet and Bitcoin Core. https://twitter.com/benthecarman 👉 Ben Verret: Libertarian Bitcoin contributor. https://twitter.com/verretor 👉 Ben Price: Currently building OpenSats, a nonprofit funding Bitcoin Core & FOSS development. https://twitter.com/abitcoinperson https://twitter.com/OpenSats 💪 SUPPORT THE SHOW: LEDN Bitcoin backed loans –  get $25 free https://bit.ly/397rlLN Get Wasabi wallet for Bitcoin privacy https://wasabiwallet.io/ BillFodl: get your wallet backups in solid steel. https://privacypros.io/btcsessions Bitrefill: use Bitcoin to purchase gift cards https://www.bitrefill.com/buy/?code=O04UMic9 LIGHTNING tips: https://tippin.me/@BTCsessions Audio-only version of the show: https://anchor.fm/btcsessions Telegram channel: https://t.me/btc_sessions

Wasabi wallet and fairly private. What's going on, everybody? Happy Friday. Welcome to another edition of Why Are We Bullish? And this is a special one, my friends. Everybody on the show today is named Ben. We are also known as a small representation of the High Council of Bitcoin Benz. And so today we're going to be discussing matters of bullishness altogether.

Very excited for this. Greatest gathering of Bitcoin bends ever to hit the internet. Perhaps we shall see. As always, this is live. Anything can happen. Who knows? Technical difficulty. So quick disclaimer from my friend Bill here. We'll do it live.

Okay. We'll do it live. Do it live. I can write it and we'll do it live. The thing sucks. Exciting, exciting. As always, guys, please do. Smash that like button. Hit subscribe. Give this a share. There's already over 100 people in here, raring to go with the High Council. I'm Ben with the BTC Sessions.

This is your daily session. Now, before we bring in members of the Council, of course, let's take a look at the markets. We're sitting around $49,780 per Bitcoin. Thank you, Elon Musk for the dip, because now you can pick up. 2,09 sats for a single U.S. dollar. Stack that fucking dip, everybody. It is there. Please don't dismiss it. It could be here.

It could be fleeting. So stack those stats well you can. In terms of amount of Bitcoin mine percent is issued, 89.1 percent. That'll be 90 before the end of the year. And in terms of fees, next block you're looking at 65 sats per bite. If you're willing to wait an hour, 22 sats per byte will do you more than likely. Maybe on the weekend, Sundays, perhaps, a good time to open lightning channels.

Do things like that. Consolidate UTXO's conscious of privacy as you do so. Before we bring everybody in, of course, show to two sponsors of the show, leden.com. You can use your Bitcoin for a variety of different services there. For me, primary use case has been when I've been in a pinch and I don't want to sell my Bitcoin. because, you know, taxable event, and I'm worried about having to buy back in at a higher price, I've been able to utilize them to grab a Bitcoin back loan, deposit Bitcoin, get dollars within 24 hours, pay those dollars back, get back the same amount of Bitcoin.

They also, of course, have Bitcoin to use DC savings accounts, and they've got their B2X offering, uses the same loan mechanism to instantly buy more Bitcoin if you're feeling a little bit degened and maybe extra bullish. Be sure to check them out. Links are down below. Also, I do live on Bitcoin. One of the ways that helps me do this is Bit Refill. Super easy to purchase literally any gift card you can imagine for Bitcoin,

on-chain, Lightning Network. They got it all. You do earn Sats back as you shop. And they also have a pretty good affiliate program. So be sure to check them out. Oh, and if you are looking for liquidity, they do rent out Thor channels as well. I mentioned that in my recent tutorial.

And finally, if you're backing up any wallet with any meaningful amount of funds, paper might not do it, maybe slap that thing and steal with the bill bottle over on privacy pros.io helps you against fire, water, or just throwing the damn words out because you're not being smart. Or, you know, kids.

Kids happen too. So anyways, guys, let's start bringing in our friends. Let's get rid of this screen. We've got, I guess I'll just skip the first names. No, actually. We've got Ben and we've got Ben and we've got Ben.

And we've got Ben. and finally we have Ben. Benz, how are you? I've been waiting for this. Yes, I'm so excited. This is, again, definitely. I think we can claim the world record for the best congregation of Bitcoin Benz

on a single stream, obviously. I think that's... So far. Yeah. I'll let Guinness get back to me on that one. But welcome, gentlemen. This is Why Are We Bullish, my favorite part of the week, where we all get to just riff on

what we're excited. about. And, you know, outsiders looking in think that Bitcoiners are in disarray. Don't know what to do with some of the the FUD going around this week. Oh, it's dead. It's never going to survive. They don't know how fucking bullish everybody still is. This is an opportunity. So we get to discuss what has us bullish in the face of just endless fud. So part of, I'm going to start us off here. and then I'll pass it down the line for your thoughts on this. But I'm actually bullish in part because of the fud. I guess this kind of comes from the ethos of, you know, is this good for Bitcoin?

Yes, everything is good for Bitcoin. But my reasoning here is Bitcoin's kind of becoming anti-fragile when it comes to the shit takes of influential people, right? You've got the richest man in the world starting to fud a lot about consumption of energy around Bitcoin. Well, at the same time, still holding onto all of their Bitcoin, you know, doing stupid things like actually, I don't know, pushing retail in the arms into the arms of Dogecoin and all of its offshoots. You have a lot of dumb stuff going on. And Bitcoin has been surprisingly resilient in the face of that. even like I'm just speaking in terms of the price. Yeah, we had what felt like a pretty big dip,

but like in the context of any other meaningful pullback, it really was somewhat muted. So, you know, I feel like the more bad takes that we get like this, like this is going to be the year of Bitcoin is going to boil the oceans. But you get through that and what's on the other side, well, the truth about how Bitcoin functions, how Bitcoin seeks out the cheapest and or most efficient methods of getting electricity.

And all in all, it kind of helps people in terms of how they value energy. So I think once we kind of get through this cycle and have the worries of people turn out, to be largely untrue, you know, you come through the other side of it and all of those arguments have much less of an impact moving forward. But I'm curious to get your thoughts. So I'm going to go around the circle. Let's get Mr. Carmen. What are you feeling about this recent round of Fudd and how does it affect Bitcoin? Yeah, I totally agree with you. Like, it was pretty fun to see like Elon, like his first tweet, everyone was just like, oh, maybe he's being forced for like woke mob or you know Tesla people and then he like double triple like quadrupled down

and so I was like okay no this is actually Elon's thoughts and then like you have like Michael Saylor like ratioing him with like you know 10% of the followers or like 1% of the followers and still like saying like no you're you're wrong you know bitcoin's actually way more thermodynamically efficient than it used to be it's only getting better here's all these articles saying why and then like Elon links like the first three Google links if you Google like Bitcoin an environment It's like just like kind of sad to see. So I think it's really cool to see like, you know, just like Bitcoiners like, you know, price dropped like five or 10 percent.

Like nothing really meaningful. And it's really cool to see like Bitcoiners are still like totally on the job. Like, you know, everyone's posting pictures of their cash app buying and stuff like that. So true. I'm surprised that. I'm surprised Nick Carter hasn't had a stroke. I don't know how he maintains his composure on all of these talk shows. But, you know, hats off to hit.

I am. Price, what are you feeling about the fud? How are you, are you huddling in your basement? Are you in a shelter somewhere? It looks dingy where you are. It's hard out here. I think it's really freaking boring, man. Like, I want some good fud. Like, how are you going to, like, the easiest response I saw is I'm just going to send that Michael's Thaler video that, like, two-minute clip to people with the energy fud.

like I'm just hopeful people come up with something new. I'd like to like be thinking about new attack vectors for Bitcoin that we haven't been thinking about yet. But like if this is going to be the year of of energy fud, it's just not going to be fun. Like that's not even that's not even a good one. Like give me a government attack or like something. Like that's at least plausible. Like you're just dropping like things that are so easy to like review with facts.

So I'm just I'm not interested. I'm not as up to date as a carman on like all the Twitter drama, but, um, so I don't know who said what lately, but, um, you know, call me when, call me when there's like a fun new fud piece of ash or something. Yeah, yeah, I agree. Veriter. What, uh, how are you handling this? Are you crying yourself to sleep? I don't know. I'd say, have fun staying poor. Elon Musk. Yeah. It was hilarious to see those responses of people telling the, they, second richest man on the planet to have fun staying poor, but it's great. I told him to think, imagine a world where people keep their homes with Bitcoin miners instead of convictors. Surely someone with an IQ of 155 can figure that out. Yeah, I don't know if he's, because somebody afterwards pointed to, um,

something about applying for like carbon credit something along the lines and like within the same you know short time period that news came out and was trying to kind of a draw a connection of like you know did did somebody get a call being like you know maybe you need to make a statement so that you're treated well in terms of getting some of these subsidies so I don't know if that's the case but uh um interesting to see like this very, very timely, so many different things. You know, you got Bill Maher, you got Elon Musk, you've got like a bunch of now articles going around talking about and not even really founded ones, the Square one that came out this morning. I don't know if you guys saw it where they said, oh, Square will no longer be, says they're not looking at buying more Bitcoin after, you know, an X amount loss and concerns about

nice pop I hope his name is Ben but you know concerns about environmental stuff both of those statements were completely disconnected they had people from Squarespace saying our stance on Bitcoin has not changed at you know we're happy with our position

and we're constantly evaluating that so nothing literally nothing has changed in light of recent news so yeah I feel like everybody's just kind of jumping on that bandwagon Again, it'll hit the news cycle for a bit. It'll go away for a bit. And then it'll, you know, come back again.

But I don't know. Prentice, do you have any thoughts on the matter either way? Yeah, thanks. I mean, this is, it's funny, right? You know, because Elon, I mean, his company, as you were kind of alluding to there, it's a barely profitable, you know, Tesla specifically. They don't really make money on the cars yet. And I know that's part of their plans, like a lost leading kind of.

thing but they they are heavily reliant on on government energy subsidies right so I can you know giving him a bone I suppose I can give him the bone to that like he is trying to tiptoe through this environment that given he wants to keep yeah well he wants to keep the bones flowing to him right but it's I mean it's just it's funny to me because you know as as we've said nothing's changed right and anybody that's willing to do the research and read one of Nick Carhart many articles rebuking all of this silly nonsense. It's nothing has changed in the fundamentals.

And you know what I'm bullish on in this particular topic is the Bitcoiners, right? Because the moment this happened, I mean, I pulled my phone up and I jumped, I hopped into Clubhouse, there's a thousand people in the room within five seconds, right? You go on to that tweet and there was thousands of comments from like Bitcoiners within seconds, right? It's instantly ratioing him. So yeah, I'm bullish on the truth. truth and on on Bitcoin. I like that.

Bullish on the truth. I think we're all bullish on the truth and ensuring that there's enough accessible content to ensure anybody who cares to learn it will have access. So yeah, very, very true. We're going to keep rolling here. We're going to move on to another topic. Now, before I do, of course, there's like over 200 people in here watching live. Everybody watching live.

Make sure you smash that like button. Give this a share. get even more people in here watching live. This is the High Council of Bitcoin Benz. How often do you get to watch this shit? So we're going to keep it rolling. I'm going to toss it to Carmen here. What has you feeling bullish this week?

Please enlighten the council. This week, I think, has been super bullish for taproot stuff. So, like, you know, we've been doing this speedy trial for, like, two weeks now. And, like, we had the difficulty adjustment, like, two days ago. So we just started a new signaling period. and there's still like three major pools that weren't signaling it was like binance huobi and um so those guys sit on in signaling and then like in the last two days they started signaling and apparently um the VP of poolin was saying that finance pool is like about to start signaling there's like a bunch of like people about start signaling we can actually like get this activated maybe in the next month or two which would be amazing and um i'm just super excited for everything taproot because it's going to bring us so much more like functionality and privacy features to Bitcoin. So once we have this thing actually finalized and like, you know,

you're going to be usable. We're going to be able to build so many cool shit. Yeah, I totally agree. Now, maybe for the people watching that, maybe don't know kind of the implications of Taproop. And from, I guess, the standpoint of a layman, what are kind of the effects down the road as it be, you know, if it gets implemented and as it becomes more widely used for the for the average user yeah like taproot like

as an average user you you probably won't even ever tell it's being used it's just like it's just gonna like make things better for you so like um what it does is add like privacy and optimization um like just features to bitcoin so like just things like transactions will be slightly smaller and then things like use that uses complicated contracting like lightning or multi-sig or liquid stuff like that. Any of that stuff is now going to just be cheaper and more private. So it's just like makes like everything better and like you know,

faster to verify, less block space. It's like, I don't know, it's just like a strip upgrade all around. So like as an average user, you might never notice you're using it, but you just like your fees will be cheaper, which is, you know, can't complain there.

Yeah. Yeah, that's fair. Awesome. Price. Do you have any thoughts on Taproot? Have you been watching it a little bit? Have you been to that website? I pulled up before. Yeah, I think if you haven't been to that website, like, are you a real bitconer? So, yeah, I've been to the website, been watching anxiously for every new block to come in green. I'm definitely pro-tap route.

I think, like, whether you're for it or against it, I'm excited to see, like, a potential new thing in Bitcoin get implemented. I'm glad we got past the phase of, like, debating whether or not, like, how to activate it. You know, I think I think it was like six months ago or like maybe a year ago I started hearing about like, oh, we're just going to like freeze Bitcoin where it is. And I think there's still a lot of improvements to go just like from honestly a ton of standpoints. And so I just think it's healthy like whether this gets past or not or whether this goes in or not or we have a user activated soft fork or what the hell happens. I'm excited to see some progress. Bitcoin is like known for moving pretty slow, I think.

And I'm excited that there is some forward progress. Now, whether you're forward, taproot or against taproot, I think is seemingly straightforward for a lot of people if you just look at it. But yeah, I'm excited that, like, we actually are progressing forward. And I think that's the biggest takeaway for me. I'm not a super nerd like carman, so I can't, like, get into the super nitty-gritty details. But there are some aspects of taproot that should make, you know, it brings on like additional tech that I, I think a lot of people are looking forward to be able to build on. So I am excited there.

Yeah, awesome. Verriter, are you familiar with all things Taproot? Are you kind of in the know with this? Yeah, I think there won't be as much dramas there was with Segwit. Like Enpool was one of the first to signal Taproot. So this time, I think Batman won't play stupid games. Yeah, I would hope so. I would hope they learned their lesson.

It was, so do you know much about the, the activation method? And, because initially there was a bit of pushback on, on the speedy trial from some people. What's, what's the,

do you know the difference between, like, how it's being activated now versus, um, other proposals? And this time there's a 90% threshold instead of 95. And if there's two weeks, uh,

if you get, I think, I don't know how many blocks that makes, but it's a period of two weeks. If you get 90 blocks, it'll be activated in November. Okay, fair enough. But Luke, so maybe, I don't know, Apprentice, are you familiar with what Luke Jr. pushed out? Yeah, so this is funny. I mean, this is why I'm super bullish on Bitcoin, right?

Because of the way that this fork is going down. And what we've seen play out if you've paid attention, and if you haven't been paying attention, very briefly, Bitcoin is actually pretty hard to change, it turns out, right? Like we've spent like a year just almost debating just the method of activation. And at first, you know, I saw some people saying, man, like, I don't know about this method, that, you know, it sets a bad precedence or whatever. And I think the fact that it takes this long, the fact that we've, you know, we found a new way to do it, you know, that maybe the last way didn't work so well. and it seems to make a lot of sense. And what you were just talking about, Luke Das Jr.,

and I believe there are actually other people that are doing this too. What they've done is they've coded up a soft fork of their own, right? They've taken the Bitcoin core software, which anybody can go download, anybody can go modify, and they've created their own version. And that version basically just it activates Taparoo, right? And I don't know the very specifics on what Luke's version does.

And like I said, I believe there's at least one version of this floating around but the oh like the high level of this is that if the miners kind of don't hit that 90% threshold and the bitcoin community decides through consensus that we want to activate this thing we're all just going to decide to run software and that software is there it's already right there we can all just download it implement it run it and activate it right with it's decentralized this is the decentralized upgrading of bitcoin i i love the the again, the kind of game theoretic nature of all bitcoins where they're like, okay, let's go ahead this way.

But also we're going to code something up that is like our insurance policy if somebody tries to fuck around, which is beautiful. It's exactly what we saw back. The people that are watching that are somewhat newer may not recognize those hats, the UASF hats. effectively there was a large amount of the miners like the vast majority of the miners 50 of the biggest companies in the space a lot of prominent figures in the space came out and tried to change the bitcoin protocol in a way that would not have been backwards compatible and in turn

also would have swapped out the development team for a very centralized one and would furthermore have set the precedent that you know if an elite group of people decide that they want something in Bitcoin, they can just arbitrarily change it on the rest of us. And the reason that didn't go forth, at least in part, was a movement by individuals to run software that basically would say, fuck you, we're not accepting this change. And if you go ahead with it, you are not using Bitcoin. And it resulted in all of those people effectively backing down 24 hours before it was meant to deploy. And thank God, because as soon as it did deploy anyways, it instantly broke.

So, you know, this is how Bitcoin becomes anti-fragile and prevents itself from being screwed by a small minority that won control. It's fantastic. And it's bullish as hell. I think one of the single greatest moments in Bitcoin Twitter in my memory was almost immediately after the breaking art. article where they all announced that they were backing down and no longer moving ahead with the fork. Francis Puli tweeted out, holy shit, did we just win? And we did. And it was a great day for Bitcoin. So I love that topic. Dude, thank you for bringing that up. Let's keep it rolling. We got almost 240 people watching live. Smash that like button. Give this a share and get even more

people in the room here. We got my reason. We got Carmen's reason. We're going to move on to Mr. Price. Dude, what has you feeling bullish this week? I'm bullies and all sorts of shit, but I have a quick question for Veriter. Are you standing up or is your posture just like fantastic? I'm just fantastic.

All right. Okay. Good enough. Good to know. Yeah. Yeah. So I like, I don't have any one. thing. I don't want to steal everyone else's answers. So like I'll gloss over a few things that are

making me pretty bullish. And then I'll dive into one that I think is like worth talking about a little more. I love that we're sitting here at 50K still. I think like I love these quick dips that liquidate the longs. I think that just like opens up the possibility of running away. I also like talk to some like companies in the space and like I've been able to see some of their like volume numbers. And like the plebs are. buying up these dips, man. The volume is ridiculous every time we see dips like this. So, like, to me, that just means Bitcoin is going to stronger hands, which is, like, bullish for the plebs. So I'm excited about that.

Brady, I'm an Eagles fan, so, like, screw you, Tom Brady. We did beat him once. He beat us once in the Super Bowl. But, like, dude's a winner. I'm going to try and be on any team that Tom Brady's on. So, like, that's solid. I think we already talked about how crappy the foot is. The Indy 500 car, I don't know who really watches Indy 500, but I guess that's a thing. So that's cool just to see, like, an open source car get funded. Kind of a lull moment is John Dalbert, the CFO of Bridgewater, joining NYDig. So, like, leaving a kind of traditional finance firm to get into the traditional space.

Okay. And so I've, like, gone through a bunch of stuff. the biggest one that I'm I'm like bullish on lumber prices man I'm bullish on inflation I'm bullish on like shit falling apart here not that I want to see it happen but um you know I think like the Fed is kind of lucked out a little bit uh with like prices consumer prices in particular kind of like staying flat and everyone like I think I think especially in the United States we've been kind of sheltered from inflation and like people not really seeing the value prop of Bitcoin maybe because we haven't had like a inflationary event. recently. So like seeing, I mean, inflation just like they just announced 4.2% you every year year hit an all time high. All these like inflation indexes are rising. I mean, if you go and look at the actual numbers for like commodities across the sector, they're all up like 10, 20, 30, 40, 50, 60% just this year. So I'm like excited that now, you know, there's there may be some like external triggers for people who might not have been able to like see why Bitcoin. Like,

Why does it matter to me? Now your groceries are getting more expensive. Now you're two by fours if you're a construction guy are getting more expensive. I think there's kind of more tangible things to point to now. And I'm excited about that. Yeah. Yeah, it's getting to the point where they can't bullshit and say that inflation is not happening when everybody is having a harder life and can't are having a much more difficult time

just scraping by on the same amount of money. or in some cases even more money because they are getting government money. So I, it's going to be so difficult to thread that narrative and you can feel them shifting where they're like, well, you know, there might be spikes in inflation, but if they come up, just know they will only be temporary. Like they can actually say that.

It's, it's hilarious to watch. And in terms of lumber, yeah, we just did our basement. And so at the, at, when we started buying lumber versus when we finished buying lumber,

uh, yeah, that was a whole different thing. Like it was, I know. I know behind you. It's got to be a million dollars, right? This was last year.

I'm laughing. I'm up so much on this wall. It's crazy. I should, I should tear it down and then, uh, and then see what I can get for it. And then I'll buy the lumber dip if there is ever a deal.

it's it's the the fact that these like I don't know we were talking to a fine I was talking to a financial advisor the other day and they were just talking about how how bullish it is that inflation numbers are going up and like how that's promising for the economy and just like you go back to what the Fed was saying like we're going to overshoot inflation for just a little bit just until like we can get back to our 2% rate which is apparently a good number of inflation like the story has just fallen apart man and that's what I'm bullish on. Like, Bitcoin's there. It always has been, nothing has changed. Like, no fundamentals of change that are like making me more or less bullish on Bitcoin, but I'm more bearish on everything else. And I guess that's good, that's good for us. Awesome. Yeah, I agree with your sentiment there. Let's toss it down the line. Verritor, how are you feeling about what might be forth-turning kind of vibes lately? Does it feel like shit's falling apart to you? Yeah, it is. There's a Bitcoin the other day who said, you can buy a fraction of a two by four.

I've found an article from last year where economists say printing money won't cause inflation. So that age well. Yeah, right? I just, it's, how do they continue to? to keep up that narrative. Do they still try to string it along? Or do they update their language? What do they do with that?

I think what they say is that it's because of the supply chain. They try to find an excuse and a lot of people buy it. COVID. Yeah, it's Voldemort. Yeah. Yeah. Yeah. It's interesting to see how the, how the narrative.

shifts over time and there's always some temporary thing to to say this is the reason when the correlation seems to be quite different what was it transitory transitory events was that what they said recently yeah yeah that was the language yeah yeah prentice what do you feel about this uh this kind of forth turning feeling uh vibe we got going this year so far yeah it's fascinating at watch uh i Bitcoiners were calling events like this before even COVID kind of happened. If you look at the monetary side of things, you saw the repo market spasming out and then injecting, injecting liquidity. It's always some kind of euphemism, right? Oh, inflation, you know, stokes the economy, right? But it also, you know, drains your wallet. And I think,

I think what's happening is Bitcoiners are changing the narrative, right? Like, inflation is not good for you, right? Nobody likes rising prices. Everybody likes falling prices. Everybody likes falling prices. right? So again, I'm bullish on the truth in this thing, and I think the internet has allowed us to have a conversation on a global scale in a way that is unprecedented, and the truth is coming out on this stuff. You know, nobody thinks inflation is good anymore, except these people that sit in their ivory tower, you know, institutions like the Federal Reserve, and they're just trying to convince you that they should keep doing this inflation thing. And you know that this can't go on forever, right?

Like something's gotta give somewhere, and it always does, and I think we're seeing that now, and it's not good, you know, like, we're not happy that this is happening, right? But it is an inevitability that things start to break when you start messing with this market, right? And, you know, like we didn't start the fire, is the thing I always say.

We're here offering the solution, and I think the worst things get, the more the solution, looks like a good thing. And I think that gets easier to see as time goes on. Yeah, yeah. I do think you're right that it becomes more apparent over time. I don't know if people fully get it long term.

What I'm curious is the people that get it last or if a large number of people that weren't prepared and couldn't see the writing on the wall, wall do not see it early enough can't insulate themselves as well as a select few is there pushback then do you know do the pitchporks come out and and the fault is shifted to people who just were kind of reading the room and trying to save themselves yeah i mean it's it's tough because you know like i always talk about this um you know this kicking the can down the road which is what they've been doing with inflation.

You know, they kind of never really, like 1929 is kind of the same thing. There was lots of inflation, and then there was a big crash, and it was painful. But, you know, we went on afterward. We healed ourselves. We allowed that creative destruction. And it's hard to explain to people that we need a little bit of short-term pain, because we're very high time preference. We just want them to print some money and make the problems go away

and not worry about the other problems that it creates. So that's not an easy conversation to have with people. is that like look all these businesses that are surviving on zero percent credit it turns out they should actually be failing I'm sorry right and like you know those businesses can go away and yes some people lose their jobs and yes some businesses fail but then it makes room for other things and you know it's like the the springtime comes and new things get to sprout things that are built on solid foundations and that's the part that I'm bullish on so the pain or

the confusion or whatever like it's it's just there you know what it What else can you do except tell people the truth? Yeah. Temporary pain in the midst of a paradigm shift to something better, I hope. So I don't know. Carmen, how are you feeling about the vibes lately in terms of just kind of worldwide, the culmination of the reaction to an event that under different circumstances may have been much less detrimental in terms of,

like our reaction to it. How are you feeling right now? What do you feel the writing on the wall is saying? I mean, it's been like a weird last year where it's like, you know, before you'd say like, oh, you know, I owned Bitcoin because the government could just randomly put $10 trillion. And then they're like, well, that only happens in Argentina. You don't need to worry about that. No first world country would ever do that. And now it's like, oh, no, that just happened in the last year. Or like, and they're planning to do it again. And now you have like all these real word examples. they'd be like, oh, why do you need seizure-resistant money? It's not like they'd, you know, to stop people from being able to work and close their bank accounts.

Like, oh, no, that did happen. And so, like, it's really, like, makes pitching Bitcoin so much easier. It's like, oh, here's a news article from last week of exactly how Bitcoin would, you know, stop this thing. And it's, it's, it's sad to see because it's like, fuck, all these people are getting screwed over by the government. But also, it's, like, nice to see, like, okay, these people actually have an out now, thank God, the Bitcoin. Like, if we didn't have Bitcoin, all these people, like, you know, we wouldn't have a solution to any of this stuff. We just be like, well, that sucks. We need to just, you know, go vote or something.

And it's like, now I just, oh, no, now I just, you know, buy Bitcoin and opt out of this stupid system. So it makes me, like, way more bullish on Bitcoin just because, like, it's giving everyone, like, if you weren't into Bitcoin already, it's giving you, showing you, like, these problems that we talked about that were, like, potential vulnerabilities are now being exploited. So we can say, like, see, these vulnerabilities are being exploited. We need to patch these by getting a sound money and having. a seizure resistant money and you know something that's you know not controlled by you know the wealthy elite and that makes me excited to see that a lot of people are waking up and you know like before when you would like talk to family or friends you'd be like you know you'd say like you know i'm in for this reasons and they're like okay whatever you're crazy that's never going to happen and now they're

like it's happening to them or you know people around them or at least on the news they can like even if they're not going to like fully get into bitcoin they can say like okay you know Ben's in the bitcoin because for this reason i guess that makes sense But so that makes me happy. Yeah, I think you're pretty on point too when you say that this past year in a bit has given us so many immediate examples of things to point to as to why we Bitcoin. Even in terms of good Bitcoin practices, we've seen, you know, like last year with the, or not last year, but like a few months back with the whole Wall Street Betts thing. what a perfect example of why self-custody is important. And when that's impossible, look what can happen.

People can basically tell you that you're not allowed to move and use your assets as you see fit. I got banned from Cash app like two weeks ago. Did you? I don't know why, but I violated their terms of service. And honestly, like I was using it exactly like you would think. I think I could have imagined some sketchy ways to use it. But yeah, I'm off the, I'm off the platform. I'm a financial terrorist.

And it's because Square decided that it wasn't, you know, anyone else. Yeah, yeah, that's, it's, again, there's, there's so many things that we're able to point to this year. It's funny because like all the people, I think that piled in just early enough to catch like the, the early part of this bull run. Like before, you know, later on when everybody. and their grandmother is piling in, which will, you know, be at some point this year, I imagine. I feel like that's coming. But like a lot of the nubes that are in now are kind of in, or at least a good chunk of them, are in because they heard us bitcoinsers that were already out there kind of ranting them to them

about Bitcoin for years. And they see it start to go up again past old all-time highs. And then they start to maybe get curious and dabble. But soon it'll just be. every idiot on the street just not knowing what they're buying and those would be the that's when the chichinery will get to like even worse than it is now I think but hey um it is what it is eventually it all kind of gets flushed out and it becomes apparent what's going on uh I think everybody needs their full cycle to wrap their heads around it so I don't know but guys

we're going to keep rolling here we've got at times we've had like 300 people in the room. So smash that like button. Give this a share. Let's get more people in the room. This is why are we bullish? And we've gotten through what three now myself. We got Carmen. We got we got we got price. We're going to go to Veriter and dude if you want to enlighten us on what has you feeling bullish this week. That'd be great. Yeah, I'm bullish because of stimulus checks and there's a lot of news this week about a fourth stimulus check in the US. And the White House won it, and they're waiting for Congress to decide. But I think it's going to happen.

It's probably going to be like $2 trillion as usual. And they also have other plans like American Families Plan and Child Tax Credit, and that should be another $3 trillion. And currently the national debt of the U.S. is $28 trillion. So I think that it'll put it around $33 trillion. So that's really something that gets me bullish. And I think they don't have a choice because if they don't give people all that money, they're going to get their pitchforks out.

Yeah. Yeah. I totally agree with it. And it's interesting because just on my, what did I see the other day? Or today on Twitter, I don't know if you. saw this, Verritor, but I think her name is

Anastasia. She's got a mom in Florida who posted a job posting for a dishwasher for like a small restaurant on Craigslist. And it was like 12 bucks an hour

or something like that. And the response that she got, she got an email response from somebody saying, basically get the fuck out of there, get the fuck out of here with your offer. I get X amount of dollars. from the government to sit at home and do fucking nothing.

Why would I ever think of getting up off the couch to come in and slave for you for 12 bucks an hour when it's less than I'm getting monthly? And so like what the incentive structure and this the second order effects. Like I posted that on, uh, and yes, I'm on Facebook, but it's a, it's for family. But I, but I posted that just to kind of see, hey, like, Like to gauge, what's the normie reaction to that going to be? And everybody's like, oh, yeah, that person's absolutely right. That's that that place should pay more.

Like, as if it's just like readily available. Like, yeah, oh, yeah, well just. And like, you've got to think you're competing with the government. And you have to overpay enough to give the motivation for somebody to leave their home. It's not like they're getting 14 bucks an hour from the government. and you can pay 15 and suddenly somebody's going to give up 40 hours a week for you. No, like you've got to massively overpay. And so then what?

Your expenses go up? You start charging more. This is happening across the board at all businesses. Everything gets more expensive. And now that government check that would have covered your expenses no longer does. And so they've set the precedent. They're going to have to up that. And the cycle continues.

and just everything keeps getting more and more expensive until the monetary system is just destroyed. Like, it's insane. And you're right, stimulus checks are bullish in a way because you know that you're not, at least all of us, no, we're fucking not holding the dollars. We're dumping that shit as soon as humanly possible. It's crazy.

Sansu said, two frequent words signify that the enemy is at the end of this resource. So I think what's going on is, you know, the government never has enough money for anything. And now they're printing. I mean, they have infinite money at the moment, I think. Yeah. This is going on. Yeah, I don't think it's going to stop anytime soon.

Price, apprentice, sorry, I'm going to go to print this first. What do you think about this whole situation? Yeah, well, you know, Milton Friedman. famously said, inflation is always and everywhere a monetary phenomenon and always is today and everywhere is happening all around us. There's money coming out of, you know, our ears at this point. And there's a lot of places that people put it. But when you increase the money supply, prices in aggregate in general, Cedera's peribis will go up because that money is going to leak into it, right? There's more money chasing fewer goods or the same amount of goods. And there's

one place that people can put their money that can't be to base that has the the assurances that Bitcoin has and those other shit coins don't have including stocks and real estate all those things you can create more of Bitcoin is the only thing you can't create more of and that's bullish for Bitcoin. It's very simple. I don't feel like there's more to explain on that and I don't think you know I agree with Verit. They're not going to stop. UBI, you know, it's basically what it's happening right now. And, you know, even if they implemented a formal UBI of some kind, that's a hard program to take away, as he alluded to. So I don't think it's stopping. And I think Bitcoin's value proposition just gets better and better by the day.

100%. Carmen, do you think that there's any easy way to wind down a program like this, especially in terms of, you know, re-election, having that in mind for, anybody that would be terminating it. Carmen, did you get me? Yeah, I don't think so at all. Yeah, sorry, I'm lagging a little bit, but I got your question. Yeah, I don't think you can wind this stuff down at all. Like, you know, if you have like the example of the dishwasher can't, you know,

they can't hire someone at $12 an hour because they get paid $14 to stay at home. Like, you know, you can't like just turn that off for people. They're going to get mad. And especially when, like, for a political system, your job isn't to do the correct thing. your job is to get rehired to get win an election again. So they're just going to do the wrong thing. And it's because they'll keep winning and because they'll keep the people happy. So I think like this is going to last a while.

And like eventually it's just like it has to end eventually. And so if we don't do it, you know, just slowly wind it down. Or we're just going to have a humongous crash once this thing bubbles over to the top. So it's kind of scary in that way. But I mean, thank God we have like, you know, tools like Bitcoin to alleviate herself from that. But yeah, like it's weird to see like just like driving around here. You see like tons of places like every fast food restaurant is hiring Almost every restaurant is hiring and like you know they have like ridiculous wages like you know

I worked a fast food job like six years ago and I think people are getting paid double that now For like the same job and it's insane. Yeah. Yeah, it's wild. It's I definitely feel it everywhere the effects of those stimulus checks and Canada here it wasn't just it wasn't like they gave a few out like a couple of them. It was, if you were out of work, it was like 2000 a month. Yeah,

for individuals. It was crazy here. They still have assistance programs. Not only that, but I don't know if you guys have seen clips of, his name is Pierre Polivier from Canada, but he does a lot of stuff in the House of Commons. And he was kind of picking apart their budget.

and the deficit, the yearly, the annual deficit for the government, the federal government was announced. And then shortly after, central bank policy was announced. And so the government said, hey, we're going to be selling this amount of bonds to kind of cover that deficit. And then the central bank announced that, hey, we've got a bond buying program that we're going to be doing. And it was the exact same amount as the deficit this year. but literally like paying the entire deficit through money printing it's absolutely insane so yeah do these like all the stimulus not just the stimulus checks uh fuck with things absolutely uh price i'm curious to get your thoughts on this if you want to dive

in and adding tidbits i mean it's just it's also fucked like um i think there you said it was like two trillion roughly to give everyone what 1400 bucks like i think if i remember correctly it was about $1.7 trillion to run the U.S. government for a year now. Like, that's what the, that's what the, like, CARES Act or something extended us. So, like, every time we do this, we're essentially, you know, running the government for a year. And, like, to be honest, $1,400 doesn't get you that far these days. I just think it's, it's like this even weirder version of, like, a minimum wage where already implementing, like, a mandatory minimum wage screws people over.

if it was 10 bucks, you know, and someone was willing to work for nine or eight or seven, God forbid, and you don't allow it legally. You're like taking that job away from the economy and from that person. But now, like, you're not only, it's not only a minimum wage, but like it's, it's like you're paying other people. Like, so it's not like the alternative is no job and you get to like stay at home and watch Netflix. Now you get to get paid to stay at home and watch Netflix. And so like, it just, it just really screws everything up. And it's not just anesthesia's, you know, mom. It's like this week, I'm at my mom's house on the East Coast. And like, she got a letter from the community that said, like, we couldn't find or we couldn't,

the lawnmowers like aren't coming this week. And it was because of that reason. Like I have a buddy down in North Carolina who has a hotel and a couple franchises, like Tropical Smoothie Cafe. He can't find people to work. He has all these job listings. People will apply and he'll go to hire them. and then he calls him up and they say, oh, no, like, I was actually just applying so I can, you know,

tell the government that I had, you know, put in an application. Like, it's, it's honestly, it's such a sign of, like, how screwed up regulation is. Like, these regulators do what they think looks good on paper, do what they think, we'll get them votes and get reelected. But they don't think about the second and third order effects, which are, like, so easy to break down. If you just, like, spend a little bit of time thinking about it, like, if you offer someone $15, to stay on their couch. Hell yeah, that sounds pretty fucking good.

Like if I'm, if you're paying me $16, you couldn't, if you were paid me $30, I would probably still choose that first option. Like, it's just like,

you just, it needs a little bit of critical thinking and it's just like so apparent. It's not there. Like, it's, it's sad. I'm bearish on the,

bearish on the government, bullish on Bitcoin. Yeah. Yeah, it's wild. I don't think it ends anytime soon either. But, uh, I love this topic because,

again, you don't get to talk, about this with Normie friends, right? You don't get to go and have this conversation because nobody, almost nobody has any sort of education in and around this, nor have they ever thought of it. And if they do have an education around this, they've been, you know, pumped full of Keynesianism all through college. And that's what they know. And they're so married to it that they couldn't possibly think of an alternative. And so they have the added pressure of having to unlearn what they've already learned in order to start wrapping their heads around Bitcoin.

So yeah, it's wild. I'm a little sad that it may affect people that I know, but I've been doing my damnedest to try and insulate people and get them to understand, at least stack some sats in the meantime. But we shall see. We're going to keep it rolling. I'm fucking stoked. We've got well over 300.

We've had well over 300 people in here. Of course, hit that like button. give this a share let's load it up and we do have a good final reason and rant uh from mr ben prentice so dude if you want to take us on a journey of bullishness have at her why i am benish i mean bullish sorry um the overton window is moving on bitcoin and it's hard for us to see because we're inside it i know i i didn't get into bitcoin early on like 20s. 2013 and I always feel like I'm really late to it, but sometimes I have to look back and realize how much time has passed And it's it's little things sometimes that we don't even notice

Like for example when I when I first got it and it was around 2018 You wouldn't see Bitcoin mentioned anywhere except in like a random article where its obituary had been You know stated bluntly that oh Bitcoin is dead right that's pretty much the only time you ever saw it or that it was for criminals or something and slowly it started like there'd be people on TV talking about it Anthony Popliano would you come up and and now there's like a there's like a crypto segment on like all the popular financial news so like that's that's just a normal thing now right and oh I guess it's actually also normal that corporations just like hold Bitcoin on their balance sheet even if they're bearish on all the energy foot they're still holding big you know that's just normal thing right

ETFs are are probably about to like drop any minute right I mean you got this like there's like a 90 day window or something on one of them where it's like It's getting closer and closer. I know we've been talking about it for years. But, you know, Canada dropped theirs. Brazil dropped theirs. They did very, very well. And I think they'll do, you know, orders of magnitude better here.

It's a bigger market. The banks are all capitulating. It was last year that there was all this fud about rat poison. It's the worst thing in the world. And they're all like, they're all of their tail between their legs now. And they're all like, well, it turns out because of customer demand and that we're not making money selling it to people. that we have to actually, you know, I guess sell it now, but even though it's, you know,

it's just that magical internet money. I mean, I can go on and on in this list. You know, Price mentioned the Bitcoin Indycard. It's going to be in front of millions of people. And that's a really cool project. 70% of the funds are getting donated to like Bitcoin Core Deves and a children's hospital. The regulation right now is inducing hodling. they've increased the capital gains tax so people don't sell this this is only good for prices nobody's like sees high capital gains are like oh this is probably a great time to sell my Bitcoin they just hard a longer like Bitcoin itself is a check and balance on this current system and that's kind of a theme that we like saw kind of

weave throughout this thing is that the more they push and the more they do crazy fiat experiments which by the way fiat money is a 50-year-old old experiment and done in this on this magnitude the more they they push it all in these crazy directions the more Bitcoin is the solid center and it just it remains there so I I think sound money and and being bullish on sound money being bullish on humanity and what some money can do for us it can realign the way that you know we save money the the way that we invest in things in sound ways I just I'm so hopeful in the long term it's just there's just a little bit of

uncertainty and and that's okay that's why we use money money is a hedge against uncertainty so I'm super bullish on the Overton window changing you know even Elon even Elon with his little you know tirade yesterday on Twitter there's now you know thousands and people around the world financial advisors and companies doing research on Bitcoin energy And the smartest ones are going to find the Nick Carter's of the world. The smartest ones are going to find Friar Haas's presentation and the coin shares, you know, research and all that stuff.

I think that, you know, you always get the price that you deserve. And, you know, I think it was Veriter that said, have fun staying poor to Elon. And, you know, I think you're right, Ben, Mr. Sessions, maybe that's not fair to say to him. But what if we said this? Have fun staying intellectually poor, Elon. Yes.

know, and come get on the Bitcoin train and understand and learn and do the work. Yeah, I agree. I like your point that kind of the shifting of acceptability in terms of what's normalized is it's changed so much in a calendar year. And it's, you don't have that, that difficult conversation of, of, they're printing a lot of money or they potentially could. That's gone, right? That's now just a given.

And now soon people are currently, people are seeing the effects of that. Like, hey, is it more difficult to live right now? Are you groceries more expensive every month? Or, you know, have you had to do any renovations yet? Oh my God, lumber?

Like it's easily point to, you can easily point to so many different things. And that has opened so many people's minds. the people that were on and early, like Sailor last year, kind of coming to that epiphany as he saw that initial influx of new cash. And all the people there are after. Think of how many people were fucking orange-pilled during his little session, his couple-day session than he had with a bunch of corporations. And, you know, it seems to, the idea of Bitcoin seems to reach the fringes first. It reaches like, you know, the techie weirdos that are kind of like in it early. Then it reaches the extremes of people where that will be affected the most, right?

The people that are in impressive regimes, their currency is trash and being hyperinflated, they get it right away. But then shortly thereafter, we're seeing people that are literally their job is to preserve the capital that they're in charge of. And they're putting the pieces together because they have. have to to understand what is actually happening here. And by and large, many are.

Or we will see in the future that many more than we currently think have already put it together. A lot of little pieces are moving right now. So I don't know. Carmen, sorry, I ran to too long. Do you want to tag on to the topic? Overton window is shifting. What do you feel?

Yeah, I think even like say like COVID and all. money printing and like tyranny didn't happen. I think we'd still be in this situation where like it's becoming a lot more legitimateized, maybe not as like quickly it is right now. Like, you know, the last bull run in 2017, like, wasn't really talked at all in like the mainstream media until like the very tail end of it when it was like, you know, like 10Kish and they got a week and then they saw it hit 20K and then like, oh, this thing's dead. It crashed.

Now this one like, when it was like 15K like CNBC started talking about it and now like the entire world is experiencing this bull run even if they don't buy Bitcoin or not like it's going to be on their TV there's going to be talking like oh hey hit 50k again you know they're going to see it when it hits 100k they're going to see it when it hits 500k and like they're going to have to experience that and rationalize why they didn't buy it this whole time and it's really oh no it's great to see that like people are going to like face the facts like Bitcoin is going to be the dominant money in the world and you know if you don't buy it then you know you're going to have fun staying poor and it seems like a lot of people are realizing that now and

That's why we're getting so many people into Bitcoin right now. Not only because they're trying to escape inflation, but also just like this thing is happening. This thing is being monetized. I need to be a part of this because it's like world changing technology. This is a revolution of the people. And it's awesome to see. Yeah, 100%.

Let's toss it over to price. Dude, what do you think here? What do you think? I think, I have a lot of thoughts here. But I'll try and keep it short and simple so we can have a, We can have a fun jam session at the end. I think like the policies are like so clearly the Overton window has shifted. Like two years ago,

if you would have said, we're going to helicopter drop everyone like $1,400. We're going to do it like three times, probably four. We're going to print $60 billion like a month like in treasuries right now, let alone at the beginning of the crisis. Like think back to 2008. We got out of that crisis with what, 380-ish billion, $400 billion in printing.

That shit happens in like six months on like the downside of the like pandemic now. Like it's it's unreal. We are just going through orders of magnitude of like more monetary policy and like fiscal policy necessary in order to like get us out of the the hole we're already digging. And it's only going to get worse. Like you're also seeing, I mean, can you imagine five years ago if a like publicly traded company were to put Bitcoin on their balance sheet when it was still for drug dealers and terrorists. Like unreal. Now it's like now, you know, Michael Saylor's not the only one. Palantir,

which is basically a CIA funded like public company. So like a government wing of the public sector has said that they're like considering putting on the ballot sheets. So also be careful. Don't pay them. I think they announced they're going to be accepting Bitcoin famous. Do not pay Palantir in Bitcoin guys. That's really dumb. But like the Overton window is shifting not in the public sector, but the private sector. I mean, it's getting ridiculous. Like, I think it all ties into what we were saying. Like, we are now no longer, like, shielded from the ridiculousness in the United States. And, like, wow, that might not be great for us, like, us Americans, at least. Like, at least it puts us in the same boat as the rest of the world. And now, like, I think

Ben was alluding to, there are things you can point to, like real world examples that were hypotheticals five years ago when you were trying to convince people to stack sats that now like they're coming to you and talking about it's not you pushing pushing like the narrative on them they're asking you about these questions that they remember you talking about so um the overtin window has shifted uh it's it's it's very bullish yeah i i love it yeah uh veriter um do you would you like to tag in there any any mentions around uh this this shift yeah i think uh bitcoin is going mainstream and uh the only problem now is all the shit coins because when i when i when i got in Bitcoin, there was like

light coin. And when Doge, when Doge came out, we all knew it was a joke. And now it's like people take it seriously. So I think for the nobs, it's really, really dangerous. Now it's really different.

How do we deal with that? I think they'll have fun staying poor. They likely will, but they'll temporarily believe that they are rich. The problem, I mean, they're pricing it in dollars, right? Yeah.

Yeah, if they priced it in Bitcoin, like, they're like, oh, Ethereum, all-time high. It's like, yeah, compared to dollars. Last time I checked, it wasn't compared to Bitcoin, at least. Yeah, yeah, no, they are, I think they're down somewhere in the realm of 30, 40, 50%, percent, something like that compared to all time I previously in Bitcoin, somewhere in that realm. I mean, still like deep double digits.

So, yeah, I don't know. And I don't know, I'm just looking at the euphoria amongst a lot of the shit coiner's this past little bit while Bitcoin's been in this range.

It's so similar to 2017. You know, you'd get those. stretch and I remember sitting through those stretches being like oh fuck should I be like something you know like having never been through a major bull run before sitting there being like was I wrong should I you know like and and then just reverting back to like people that had their head straight on their shoulders I've got to tell you like and I was super happy to see

him back but but vortex back in 2017 was like this beautiful beacon of truth for me And he definitely helped me through that bull run without being too exposed to the trash that we're seeing again right now. I mean, just think of like the window of like what's acceptable from an investment standpoint is also changing. It's not just public policy. It's like can't even count how many like of my friends consider themselves like day traders now. Like how many people are like aping into crypto? How many people are like doing options? trading and leverage trading like these are things that like while there was like the shit coin era of

2017 before that like you know people weren't like at least my friends weren't like crazy options traders with leverage in college like we all like played our stupid games and gambled on stock xyz but like it's everyone i know and they're talking about butterfly spreads and like two-way leveraging and trying to have like market neutral or it's ridiculous like and these are These are people who are plumbers in their day job. And that's like the desperation they have reached to try and like beat this like this cycle or this market that we are like being thrust into. Everyone has to become a trader. And like I just think it's it's you're seeing the private sector, the public sector like what people are doing in their day to day like trading.

It's it's getting ridiculous. I don't know. Did you did you see the video and it was like this couple on TikTok? and they're like they travel or whatever and they live like out of a they do like the van lifestyle and then they'll like fly somewhere and like show a hotel and and and in one video that they made and it was like the most why mar republic thing i've ever seen but it was like them together and the the guys like a lot of you have been asking how we live our lifestyle and what we do and the wife like the wife was like wild eyes she's like it's just

the easiest thing and we do this thing and and I'll let my husband tell you about it. And he's like, so we use this app and it's called Robin Hood. And what I'll do and literally he explains, he's like, so what I'll do is I'll see a stock starting to go up. So then what I'll do is I'll buy that stock, right? And then I'll watch it go up. And then when it goes up, I'll just sell it. And that was like that was the video. Like it was like this this mind blowing thing that you can just do that. And that was their advice.

Like oh yeah, you just see it start to go up and then you just buy it and then it goes up more. And then you you sell it. And that's how you live your life. That's how you get ahead. And that is like it was I don't know. I don't know how it was very, very Ymart Republic. Did anybody here see that? Yeah, I've seen it.

Yeah. It's like kind of like crazy to see where it's like, you know, in the U.S. or like Canada, like first world, we're super privileged to have access to these financial tools. Or like if you're, you know, where we're experiencing all this inflation, to get around that, you go to the financial markets and like, you know, buy stocks that are going up. Like if you're, you know, a farmer in Nigeria, you don't have access to these tools and they get screwed. So it's like really sad to see. It's like, this is why we need Bitcoin. We're like we add this permissionless monetary system that anyone can act get access to. And it doesn't matter where you're born or what documents you have.

You can still use the same tools as other people. That's what I'm like super excited about. Yeah, 100%. Well, gentlemen, we have been through everyone's reason for being bullish. So at this point, usually near the end of that episode, I like to do just a little powwow, get anybody's final thoughts. But also like if you hear something that piques your interest and you want to add, sprinkle in some thoughts on somebody else's, feel free.

to, but basically we're just going to, we'll go down the line. And we didn't really do this at the beginning, but obviously we're all Ben's, but you can let people know your Ben designation, your Ben name, and also where people can find you, you know, kind of what you're working on, all that kind of stuff. So I'll go with Carmen first, let people know who you are, where they can find you, what you're doing. And any final thoughts you may have. I'm at Ben the Carman on everything.

Follow me if you want to see a bunch of shit posts and then sometimes taproot content. But, yeah, I'm just happy to be here. Bitcoiners are so great. We had like a meetup last night and, you know, that was a riot. And you can't be bearish when you're hanging out with Bitcorners or just listen to them on YouTube or something. So I'm excited to see what the future holds and, you know, keep snobes. and awesome i love it uh let's jump to to ben price um let people know where they can find you uh and any of any final thoughts all that so yeah my name is ben price uh i'm a bitcoin person

on twitter at least not on everything i think some other people have those handles uh at least what i'm doing right now i'm working on a startup so i left visa um they have a crypto team that is really into NFTs and CBDCs. And so I had to leave there. And I'm starting on my own Bitcoin company now. So that should be coming out soon. And more recently, we launched OpenSats, which I'll shamelessly plug this one all day. It is a nonprofit to help fund contributors to Bitcoin Core and free and open source software.

So if you go to OpenSats.org, we are kind of in a soft launch phase. But if you're a free, if you're a contributor to Bitcoin or open source software, come sign up. The idea will be it's a platform where we can help you raise some funds for like the good work that you're doing. So that was the most recent project. We kind of went live with the actual donation platform. We live soon. Yeah, I mean, a couple other things. I'm bearish on a full, a few things. So I think like people need to do better. There was a recent report. Sixty nine percent of people in the U.S. are still supportive of the central bank. So like that's on us guys. Like we need to make it, we need to do a better job informing people like what the hell's going on.

In our defense, they are like very supportive of the post, like 93% support the postal service. So maybe this was just a BS survey. 63% had supported the IRS. I can't imagine why you would support someone who's just taking your income. So like, but still, we need to do a better job if the numbers are that high. And then, yeah, one last thing that I'm super bullish on and is that my uncle, who is a total just like, I'm in Turkey Farm, Virginia out here. Like, this is not Bitcoin country. And he talked to me the other day about the Bill Mayer, I don't know how to say his name, the jackass. So he was telling me, he like reached out to me personally and said, you know, he recognized that that guy was full of shit.

So although like he doesn't know anything about Bitcoin, at least. least it's apparent. I think some people are like waking up to the idea that like Bitcoin potentially is credible even though all the people on the news and a lot of a lot of these like kind of like narratives and fudge stories are coming out. So I think there is still hope. So, you know, stay bullish everyone out there. I love it. Let's move down to Veriter. Dude, any final thoughts? And also please do let people know where they can find you. Okay. Yeah, I'm Ben Verrett. You can find me on Fediverse. I'm a veriter at q.eforms.c. And you can also find me on Twitter, but I don't tweet anymore. It's a it's very here. I'm a Bitcoin contributor. By that I mean I contribute code to various

Bitcoin projects. I really don't know what to say. That's all good. You gave us some pretty bullish topics today. The Stimis was a good angle. So, Yeah, I appreciate you being gone. Let's round it out. Let's pass it to Mr. Prentice. Final thoughts and where people can find you. Yes. Final thoughts are that, you know, this whole Elon, this whole energy thing going.

It's good to know what you're talking about. It's good to know the talking about. It's good to know the energy, you know, all of that stuff. But I think if you do come up with this conversation, the best thing to focus on is that Bitcoin is worth it, right? Bitcoin uses this energy intentionally and the future is bright with Bitcoin and defend that, right? Like that's, it's important to say that like, yes, Bitcoin is going to use energy and that's a good thing, right?

So re-frame the discussion. I think it's super important. My name is Ben Prentice. I'm at Mr. Cool BP on pretty much everything. I can hit me on Telegram, Twitter or whatever. I co-created WTF happened in 1971. with my friend heavily armed clown and he also has a podcast that I'm co-host on now, which is the Bitcoin Echo Chamber.com.

We have a bunch of stuff and we do live streams every Saturday. And I also produce what Bitcoin did with Peter McCormick. So you can find me in any of those places. And I appreciate you having me on Ben. And thank you to all the other Ben's for taking your time. Awesome. This was an excellent meeting of the high. council or representatives of the high council because this is clearly far from all of the

Bitcoin bends. We are strong in numbers. But it was great to have everybody here. Great combo. Had a lot of fun. The chat has been blown up. So thank you all of you guys that have been commenting, especially with your Ben puns. Much appreciated.

Of course, smash that like button. Give this a share. Gentlemen, I'm going to cut your audio and video right now. If you want to stick around for a minute and say a quick goodbye after the stream, feel free. but you don't have to. And we'll start pulling people out now. Everybody watching, thank you so much for being here. As always, this is always the best part of my week.

Now, I kind of want to leave you guys today with a little bit of advice because I think a lot of people got riled up this week. Myself included, I found myself the other night engaged with like the most stubborn dickhead and I knew that we were never going to see eye to eye and I just spent way too much way too much of my precious time bothering with this and I don't know why I did it so

I just wanted to leave I dropped this tweet a while back but you know you've been studying this shit for years everyone else has read two tweets and watched an eight minute Bill Maher clip you got this you don't need to worry

about convincing everybody, try to insulate the people that are closest to you that you truly care about. And that's really all you need. So anyways, guys, as always, please do hit, like, subscribe, and share.

All of those things help so much. They help get this content in front of even more people. If you want to help with the show in another way, you can always hit up the sponsors I previously mentioned down below. That was lead in bit refill and Bill Foddle or Privacepros.io links are all in the show notes.

All of the guests, their Twitter profiles are linked in the show notes. And if you really liked what you saw, especially in light of the recent Lightning Network Node tutorial that I dropped at the beginning of the week, if you really like the show and you've been watching it for a while, you enjoy it, feel free to drop me a Lightning Network tip at my tippin.m.m.com. and me slash at BTC sessions. With that, I am out.

Have yourselves a wonderful day or evening wherever you may be. See you guys next time for your daily session. Hodel by Bitcoin.