BTC Sessions - WHY ARE WE BULLISH? Yellow, Tselly, Other Barry ep443

Episode Date: September 27, 2024

FOLLOW TODAY’S PANELISTS: https://x.com/ICOffenderII https://x.com/Don_Tsell https://x.com/OtherBarryBTC FOLLOW BTC SESSIONS on X: x.com/BTCsessions BOOK private one-on-one sessions with BITCOIN ...MENTOR! Learn self custody, hardware, multisig, lightning, privacy, running a node, and plenty more - all from a team of top notch educators that I've personally vetted. https://bitcoinmentor.io/ JOIN OUR AFFILIATE PROGRAM, EARN BITCOIN FOR REFERRALS! https://bitcoinmentor.io/affiliate-registration/ 💪 SUPPORT THE SHOW: Use The Bitcoin Well - my favourite self custody bitcoin platform in Canada and USA! They offer KYC free accounts, 1% spread, no on-chain fees and tons of other incredible features. Check them out at: https://bitcoinwell.com/btcsessions COINKITE offers the BEST Bitcoin hardware on the market. Use this link to get 5% off anything in their store: https://store.coinkite.com/promo/BTCSessions HODLHODL is a NON-CUSTODIAL, ANONYMOUS solution to stack sats peer to peer! Buy and sell Bitcoin while maintaining privacy. Sign up and try it out today! https://hodlhodl.com/join/BTCSESSION Speedwallet - your one wallet to send, receive, shop & earn. Simple, fast and convenient! Download now, use code this link & get 5,000 SATs on your first transaction. https://www.speed.app/sweepstakes-promocode-btc/ Bitcoin Keeper - No account creation required, use your own node, create multisig wallets, use inheritance document templates for smooth inheritance planning. Use the code BTCSESSIONS30 to avail a 30% discount on your first subscription. Learn More: https://bitcoinkeeper.app/ DEBIFI is a non-custodial Bitcoin backed lending platform with institutional grade liquidity providers, loan periods of up to 5 years, and no rehypothecation of your funds. Find them at: https://debifi.com/ #bitcoin #btc #crypto #bitcoinnews #cryptonews

Transcript
Discussion (0)
Starting point is 00:00:26 What is going on? Everybody, welcome to this show. Another Friday, another episode of Why Are We Bullish, 80 IQ Edition? It's going to be a battle. Is it going to be 58K forever? Is it going to be 100K soon? Well, there'll be some sweet, sweet relief for our special guest today. Time will tell.
Starting point is 00:00:50 But I hope that you're all bullish regardless of price action. That's the least important thing going on. Unless it's today's show. Anyways, it's going to be a banger today. Very excited to have the gentlemen that are backstage. We'll do some intros momentarily. But of course, this is live. Anything can happen.
Starting point is 00:01:06 So I defer to my friend Bill here. We'll do it live. Do it live. I'll write it and we'll do it live. The thing sucks. If you have not already, please do like, subscribe, share. All of those things. Help a ton.
Starting point is 00:01:30 Shout out to my nostrils. over on zap.stream and everybody joining me from every other platform as well. I am Ben with the BTC sessions. This is your daily session. Poddle the Bitcoin. Before we dive in, let's take a look at where we are on the market right now. This is Timechain calendar.com. And if you noticed on the right hand side of the screen, we also have a live chat there for the world to see for better or worse. We're sitting at $65,499 per coin, a single U.S. dollar will snap. Maggie, 1,527 Sats.
Starting point is 00:02:20 Fees are sitting at five sats per byte next block. And in terms of Bitcoin mine, 19.75 million of them, which is 94.09% of the total supply. We're going to give a quick shout out to our sponsors. And we will dive in with our guests in a moment. We'll see you in just one minute. Bitcoin Well is on a mission to enable independence by being one of the easiest and quickest ways to purchase Bitcoin in Canada and the U.S. The best part about it, every buy goes directly into your own self-custody.
Starting point is 00:02:54 They never hold your coins. You can add a Bitcoin address as part of onboarding. There's a transparent 1% spread, no hidden fees, no withdrawal fees, plus they have KYC free sales and bill payments on their website. They're also a publicly traded company under the ticker BTCW on the TSXV. Check them out over at Bitcoinwell.com. Check out my full tutorial on how to use. them and you can check out the links in these show notes down below and sign up today.
Starting point is 00:03:24 Speed wallet is a Bitcoin Lightning Wallet built with simplicity in mind. Spend and receive with ease, claim your own lightning address, shop your favorite gift cards, and even earn rewards when you spend. Head over to speed.app to download the app on your mobile or desktop today and use the link down below to get 5,000 sats for free and have the chance to win even more. All right, we are back. It's time to bring in our guests. First, we'll bring in Selly.
Starting point is 00:03:57 No, we can't bring in Sally. He's in the middle of a hurricane right now. And unfortunately, has not had any service all day. But luckily, I've got, and he's doing okay last I heard, so not to worry. But luckily, we have a couple other gentlemen that can talk smack about him in his absence. So I'd like to welcome to the stage. Yellow. It's getting more.
Starting point is 00:04:24 Thank you. I'm a big fan. I love what you do, Ben. And it's great to be for the first time here. Thank you. Yeah, it's been a long time coming. I feel like it's long overdue, I think. Yeah.
Starting point is 00:04:39 Awesome. Well, let's welcome in the other D-Gen here, other Barry. Barry. How's it going? I'm good. My intro is not nearly as cool as yellow. I mean, we're going to talk about your infinite push-ups. that you can do now because we've been smashing those for how long now?
Starting point is 00:04:58 200 and something days. I'd have to go check. I've lost count. Damn. That's fantastic. I honestly didn't. I mean, I'm still doing my push-ups, but I didn't keep up with posting in the group because I just got distracted. But I'm still, I'm still doing push-ups. Yeah, that's what everyone says. I've definitely missed a day here and there, but I'm trying to keep on top of it. I tried to get Selly to do 100 with me in Vegas a few times, but he kind of bitched out on that. What, Selle is supposed to be like all on top of the push-ups. He had, he did this little, this up and down from one to 10.
Starting point is 00:05:42 He was all for it. And then I think he almost died. Yeah, yeah, I think that definitely. threw a wrench in it, but he did 25 with me, and then he was too hung over to complete. So there's that. But hey, we're all here. We're all happy. So, well, let's get the, I guess maybe we should, we should give some intros, yellow.
Starting point is 00:06:07 Tell people who you are, what you do. Yeah, so I'm yellow. I do stuff on Twitter and Noster. I like memes and having a laugh and creating things that makes me love and makes my friends love. I like people, but also I don't like people. and I'm a puppet that kind of knows I try at least to know where my strings at that's it I enjoy that well that's fantastic
Starting point is 00:06:51 you're also how many days into your daily do you even want to talk about it at this point no actually we can talk about it yeah I do that don't stop believing spaces it's a day let me see 1,054 today it was yeah well congratulations
Starting point is 00:07:20 every day, every day yeah I do the spaces where I play don't stop believing don't stop believing by journey three times, third time being a life It started as a joke. It became something else. And, yeah, now it's what I do until 100K.
Starting point is 00:07:46 And then what happens at 100K? I stop. What else happens? Leaving or just stop? No, I'm not selling. I'm not leaving. I might take a break, a big one, but I'm not leaving. I won't become a ghost.
Starting point is 00:08:03 I won't go back to Nostra and back again, like the Lord of the Rings, no. I won't do any of that. I'll be around, but I need a break and I need to travel and see more of my crazy friends I made through this journey. Yes, absolutely. And I mean, I think we need... Also, thank you for having me for the first time, then. Yeah, no problem, no problem. And I think we need to give good intros to Barry, who's part of the gang that's responsible for your incessant hellhole that you were stuck in right now.
Starting point is 00:08:47 Barry, can you introduce yourself, please? Yeah, so I'm Barry, or also known as Other Barry. Yellow has some other names for me, but I think this is a family show. Yeah, I like memes. Most of my memes do involve making fun of yellow or the price being 58K and how the price is going to be 58K forever. Or about how once Yellow does his final space in a ceremony, he will hand the mic over to me as the only person to ever get the mic in his faces. So I do want to thank Yellow in advance for giving Barry the mic. But yeah, I like Bitcoin and I like memes.
Starting point is 00:09:30 And yeah, that's why I'm here. Fantastic. Well, I'm glad to have both of you. And we'll have to make sure to also talk smack about. Hey, guys, I'm Charlie. I work 40 jobs now, and I can't do meme for shit anymore because I have no time and no power, apparently. Hey, I'm telling. This is after a great start.
Starting point is 00:09:56 Fantastic. Well, we're going to dive into the meat of the. the show now. Anybody watching that's unfamiliar, perhaps some of the nostridges that are tuning in for the first time, or if you're on any other platform and check this out for the first time, this is Why Are We Bullish? Very simple premise of the show. Each of us have come with a reason for being bullish in and around Bitcoin, and that reason can take any form. It could be a personal experience, a news item, an app, a blog, a video, whatever is currently floating your boat, something that is exciting you in and around Bitcoin. And so the flow of the show is,
Starting point is 00:10:32 number one, somebody's going to drop their reason for being bullish, think of this as their chance to rant about what's currently top of mind for them. Once they're kind of through with their topic, then all together, we're just going to riff on that reason. We're going to comment, add context, add questions, go down whatever rabbit holes we decide to. And when we're finished with that topic, when we put a ball on it, we're going to rotate to the next person. So reason, riff, rotate. Only rule is try not to drop your reason for being bullish early before I specifically ask you, because then it just gets weird and awkward.
Starting point is 00:11:07 But besides that, no holes barred. So we are going to dive right in. And it's getting spicy in the chat already. I can see, you know, 58K gang dead. You know, rope is asking why you hate stack chain yellow. So, I mean, people are frothing at the mouth here. This is going to be spicy, I think.
Starting point is 00:11:33 Yeah. I mean, it's going to get right. Let's go. Let's go. Let's go. All right. Well, I am going to start with my reason for being bullish, and it's not going to be meme-related. But it's going to be something that I'm kind of interested in in and around.
Starting point is 00:11:55 I guess there's a lot of, like, crackdowns. on on Bitcoin privacy tools earlier in the year. And it got pretty dicey. And we saw the samurai guys get arrested and they're, you know, in the midst of sorting that mess. We've got the, you know, in the realm of privacy, the tornado cash guy is actually facing criminal trial now. You know, Wasabi preemptively bent the knee and it was all for naught because they had to spin down there and sunset their coordinator anyways. But in the ashes of what happened with these crackdowns, we're starting to see Bitcoin privacy approach its, we'll say it's exiting its Napster phase and moving into its BitTorrent phase in that it's kind of more so now instead of being able to point at somebody and say like, oh, shut that down. now it's going to be more of a game of whackamol.
Starting point is 00:12:53 And the reason I say that is, in particular, something that popped up just the other day across my purview. But prior to that, wasabi wallet, you can now, like, sub in different, and you always could, but you can sub in different coordinators. And there weren't really any for a while. And then as soon as they sunset theirs, there started to be quite a lot of liquidity on these other coordinators. so no longer wasabi's but other people running them more anonymously. But the thing that I'm kind of interested in today is this. This is an anonymous fork of Samurai wallet that just popped up a few days ago. And so it basically, I mean, it pretty much looks exactly like Samurai with some updates.
Starting point is 00:13:46 It has a lot of the original features, like Paynim and Onion routing and Rookache and all these different kind of like features for on-chain Bitcoin privacy. It's fully open source. The main difference is before there was a privacy concern in and around if you didn't run your own little like a node box called a dojo that you would link this to, you could, well, you were effectively leaking your ex-pub. and whether or not that was retained is I mean the main thing is you didn't know and so that was kind of a scary thing if you weren't running a dojo but this one requires you to run one
Starting point is 00:14:27 so there is no leaking of ex-pubs so yeah I don't know I think it's interesting I'm gonna try and do it I think the barrier to entry is quite high it's gonna be scary for people like I don't know how many people are actually gonna run this shit themselves. I looked at, I was like, oh, how can, you know, if I, if I wanted to do
Starting point is 00:14:51 this from scratch and I didn't have a dojo, how would I do that? And I went to their docs and it gives me like command line shit to do, which I'm going to try and do, but like somebody's going to look at this and be like, I, not a chance. So I think there's a long way to go. But I also think it's it's kind of cool to see this stuff initially popping up in the face of all these legal actions and still being run anyways and I plan on doing it and so I have this little guy right now that I'm just waiting on a bigger hard drive for it and then I'm going to I'm going to spin up a dojo and see what this samurai fork looks like so that's that's where I'm at that's what I'm excited about um I don't know if you guys have comments or
Starting point is 00:15:45 questions or whatever around this, but I'll kind of leave it to you if you do. No, I'm never, to be honest, I never tried that much with something similar, not even the, this fork. So I take precautions around privacy stuff. Yeah. But not that much. I do realize that my best kind of privacy defense is that I live. in the Balkans.
Starting point is 00:16:20 Yeah. Yeah. That's it. The land where we still download torrents, you know? I think I don't give a fuck here, you know? Yeah. I mean, I'm, if you didn't know,
Starting point is 00:16:32 whenever I'm on my computer, I am in Greece. Yeah. I, are you a, are you like a, do you pay attention to any on-chain privacy stuff? Like, are you careful with that? Or are you, like, Are you trying to get Bitcoin through non-traditional means?
Starting point is 00:16:53 Or are you, is it kind of like you're just generally being cautious that like the average person can't just know your stack? I think there is no point to, how do we say? There is a way to find non-KYC Bitcoin and it's a difficult thing to do. Yeah. It's getting more difficult. I understand that. But it's also a pretty good way to get KYC coins that you KYC not yourself, let's say. Yeah.
Starting point is 00:17:41 Somehow you have to be sneaky with them. And one way is to do it on chain, and that takes knowledge and learning and reading and reading. and searching about it, how you do it. And again, you're not 100% sure. But again, the other way is to be sneaky with them before even you open an account in any exchange site, right? So I found a way to be sneaky from the start, let's see. Okay, yeah.
Starting point is 00:18:15 Whoever understands understands. Tell me exactly where you obtained your Bitcoin and give me your ex-po. Barry, what about you? Are you, I mean, you're a nym, obviously, so there's a degree of privacy there. But like, when it comes to dealing with Bitcoin, like on a scale of 1 to 10, are you super concerned with on-chain privacy? Do you ever, like, utilize some tools, have you? You know, where are you at?
Starting point is 00:18:47 I'm not super concerned, although I wish I was a little bit. more I had been a little bit more diligent from the start as yellow said to be sneaky from the start yeah I mean I I kind of just stack things away and not not very concerned with the privacy aspects at this point since I'm just mostly hoddling so yeah I don't use a whole lot of that yeah that's fair that's fair I again I've kind of been I mean I'm I'm pretty much fucked anyways right? I'm like online actively using wallets showing people how to use them and I'm sure there's little trace led there's like things from the past that are in videos that are old that you know I'm sure anybody that wanted to put in some effort could be like well I mean he's
Starting point is 00:19:46 used these addresses and you know so um you know I've I've try to use some officcation techniques for forward-facing privacy so that, like, if I go buy something, somebody's not going to be like, oh, this came from a UTXO of this size. So I know that, you know, especially for online stuff where you have to, like, put in a shipping address, which should be like a PO box. But like, yeah, you know, you don't want to buy a $50 t-shirt and have the shipper weighing whether or not it's worth buying a plane ticket to your locale so that they can like kick in your door right so yeah yeah but but yeah i don't know i think it's exciting i think um it's worth playing around with and i'm
Starting point is 00:20:35 i am going to make a video on on making this thing but um i think i'm going to do it as more of an honest tutorial of me just kind of talking through what i'm doing as i do it because especially all the command line stuff. I want people to see that I too have no idea what the fuck I'm doing half the time. I'm just kind of stumbling through it and then clipping out the pretty parts that actually were successful. So yeah. But with that, there's a lot of great back and forth in the chat happening right now. Yeah, there's a whole bottle happening. Yeah, there's a whole bunch of stuff going on. But in between,
Starting point is 00:21:24 there are some questions and stuff. Again, like put in the cereal, despite the username, often has many insightful things to say. And he said, this is where UTXO management is important. The change address is a factor.
Starting point is 00:21:37 Yeah. So like, if you have like a whole big coin. The fees are rising. Yes. Yeah, exactly. I think I saw it yesterday or today,
Starting point is 00:21:46 nine. It was always like around three or four. Yeah. And it's and and the tricky bit is you don't want like a bunch of tiny little UTXOs, but you also don't want a bunch of large UTXOs. So you have to walk this tightrope of, you know, like when you, if you use on chain to pay for something, you don't want somebody, you don't want the equivalent of pulling out like a million dollar bill to to buy something small because the vendor then sees that. And so in the future, that could be a reality for a lot of of people stacking right now where it's like oh i just used something that's worth a lot and they
Starting point is 00:22:25 saw my change so um yeah somebody's asking if i have a headphone dent on top of my head yes but only because of the amount of product in my hair so yeah don't pay attention to grapples he's a let's say special kind of individual very special awesome well jents i think I think that the time is right to do a rotation here. I will just say for people watching, you know, play around with some of the privacy stuff. I do have a bit of a playlist on different things that have come out over the years that you can tinker with. But it's worth at least being familiar. You probably, you know, you'll need it more when you go to use your Bitcoin afterwards
Starting point is 00:23:13 than, you know, as you're stacking if you're not, like, moving. stuff around frequently. So their grepals is very, thanks guys. So we're going to do a rotation. I'm going to toss it to yellow first and I'm going to queue you up with the same question everybody on the show gets. Why are you bullish? Okay, first of all, I got to admit that question is loaded it's triggering and it's kind of assuming from the start like like who do you think you are Ben like first of all why am I bullies like not are you bullies and then why like right away you're assuming I'm bullies for some reason yes okay yeah I'm bullies yeah that's all I'm saying it's like it's a little bit projecting a kind of vibe.
Starting point is 00:24:18 Okay? So I guess I'm bullies. It is true. I can say a lot of reasons why I'm bullies. I really thought about it and whoever listens to my spaces a whole week about this. And I keep on asking myself, like, why are my bullies? You know? And I have a bunch of reasons that I could say.
Starting point is 00:24:43 that I would mention now. I could say I'm bullies about the edge you still being attacked, about plebs buying, about ETFs buying, about seller going on debt and buying, that institutions are more accepting and that is a good thing, but also institutions are accepting, more accepting, it's also a bad thing. I can say also we had a very long bear market crab market and it is about a time to be bullies. Not about price, I guess. Again, now about the network, we can say like Tick-knock next blog as we like to say.
Starting point is 00:25:33 Network passed a big stress test that was the inscription craze. And it passed with barely no problems. some inconvenience for some time. The light network is still working. It has some issues around custodial, being the 90% running it. But that can be fixed somehow with ECAS coming, and the two protocols like Cassio and Fendomint. That can make it way, way better. um adding privacy for those that love it and off a exchange uh transactions that i i await and e-cas is fucking cool i don't know i like it is pretty cool actually i the cal and cal like he's he he's got a lot of interesting things that he's doing all that all the e-cash you know little
Starting point is 00:26:40 apps and everything are it's out of the box everything that comes from that group You know, that's what I like about it. The third thing I could be talking about why I'm bullies, but I'm not, is Bitcoiners, like the social kind of level of it. Yeah. I can say I love watching my friends in a random and Saturday party, drinking beer by the bits and talking about life. I could be talking about like how I love traveling to meet them in any conference out there,
Starting point is 00:27:14 to just hang around outside the conference and never get in. So I could be talking about how I love my fellow plebs, creating small businesses and slowly starting that circular economy, going around and how that makes big bullies. I could be talking about seeing them making families and making Bitcoin babies in my timeline. Lots of those. being creative, reading, researching, having the Bitcoin perspective in everything around us,
Starting point is 00:27:54 creeping in without even noticing. As a group and as an individual, like it's transforming us, right? I could be bullies about all those things. What else? Yeah, meme wars and sick posting, having a laugh. And I could be talking about every of those aspects making bullies. But in the end, I'm going to answer the question by being honest. And I am bullies for one reason.
Starting point is 00:28:30 We're pumping. That's it. I like that. I wish I had like bullhorns or something. Maybe I do. Hold on. Thanks. Do I?
Starting point is 00:28:47 I don't know. Hold on. Wait, I need to pull like an opti here. I don't ever use this, though. I feel like I'm failing here. Which one is which? That one. I blame Shelley.
Starting point is 00:29:01 Oh, wait. Absolutely. 100%. Yeah, let's just pretend that. Okay, let me do the last. I'm ready? You have it? Okay.
Starting point is 00:29:20 So I'm going to be honest. I am bullies for one reason and that's because we're pumping. Nothing. That sounds like a toilet, man. I know. And he messed up his sound now. yeah i did yeah so i'm gonna let you figure uh some shit to talk about why fix this oh wow okay he he became a replicator from that
Starting point is 00:29:49 oh that he's definitely i'll take over i guess barry um what do you think about the recent uh Israel Palestinian no wait i'm not gonna go back i think okay okay yeah there did happen I got I got nothing. The whole stream, I got nothing. Okay. Yeah. The YouTube buckles were ready to jump us. Oh, shit.
Starting point is 00:30:19 Hey, I've got a question for you. Do you think our last cycle, we were naturally going to be higher, but the combo, like the FTX, not buying actual Bitcoin for our, all of the demand that was there stunted us. Do you think we got screwed there? I actually have an alternative theory.
Starting point is 00:30:46 Okay. And I actually think that don't stop believing space is stinks us. I mean, yeah, I mean, yellow. Like, are you worse than SBF? I don't like cucumbers that much. To be honest, I think that the first pick we had was more organic. And the reason that we didn't pump a little bit more, the first time we picked was due to Elon's staff and the China mining bank, right?
Starting point is 00:31:28 That was the time, if I'm correctly. Yeah. I don't remember correctly. And the second thing, the second piece, the rise was actually due to I think it's now a part of FDX sedan against. They needed to pump a little bit in the price in order to get out of the black hole they put themselves. But they didn't work obviously and then collapsed it. So I don't know.
Starting point is 00:31:57 There's always going to be manipulations happening on the market. But in the end, I don't think in a longer like, time timeline like it makes it has any effect you know oh there we are that that that that feature on my keyboard is also broken so i just i can't really use it very much anyways anyways we'll go back to the robot voice yeah barry do do you do you other than obviously yellow fully ruining the last bull run. Do you also think that some of that other stuff had a, had a factor? Yeah, absolutely. I think then selling a whole lot of Bitcoin to pay their bills probably suppress the price a little bit. I did have a question for yellow though. At what price or like,
Starting point is 00:32:53 when we're pumping, like, how much do you need to see it pumped for you to really feel like, okay, hey, we're going now. So you can feel like, hey, maybe we can hit 100K only to be disappointed. The last time I got excited that I got excited and also shot a little bit that I might be ending the space was
Starting point is 00:33:17 when we were over like 72. Like then I was like, oh wow, it's like nothing for 80 and then it's like 20K. It can do 20K now that it is in the 80s like nothing. Very quickly.
Starting point is 00:33:34 Yeah. I got decided at that point when for the push-ups. I was like, oh, yeah. And guess what, Barry? It was a top. What if Barry is about to have the same fade as yellow for another full cycle except for with push-ups? What if we hit like 99 and that's it?
Starting point is 00:34:01 And then you've got another four years. I mean, at least you'll be great to push up. That's a way for him. He gets, he's getting healthier and getting crazier. Yeah. That's true. That's true. I do think, I do think that the pump earlier in the year, like the pre-having new all-time high,
Starting point is 00:34:22 I think it, it ruined everybody's mood for the rest of the year. Like, I kind of wish it hadn't happened because then the summer of crab was just, devastating. And when you look back in context at the last cycle, the summer of 2020, we're all excited because we're coming back from the COVID dump and we were like already halfway to, you know, we're going past halfway to the previous hell time high. We're excited to get over 10K again. Everybody was ecstatic. And now we're like, you know, we're at, you know, when we're sitting mid-50s, it was like, ugh, this is horrible. Everything sucks.
Starting point is 00:35:08 Just the demeanor based on like immediate previous price action is hilarious. We had to start a meme war to pass a time, you know? I get that boring. Yes, that's how boring it's been. We went back to 2021. Yeah, exactly. Yeah. I'm not, that's a lie.
Starting point is 00:35:30 That's a lie. never admitted it you call me you you you said you asked somebody if they were harboring enemies of the state no no i never i never said okay i might have asked that but i like why are you playing i work for the state i'm just asking like a fellow plan i could be asking like i don't care about you you know like how you how was your day are you are you doing something you know i mean you asked ben ben What was the question? How did you interpret the question?
Starting point is 00:36:06 I don't know. I'm not paying attention. I don't know. Cam in the comments here is just reminiscing on the holiday season of 2020 when we broke 20K again in and around Christmas time. That was pretty sweet. That was like, yeah. That was.
Starting point is 00:36:28 But if you remember, that was so expected. It was from everyone like, okay, we're going to break 20 and then we're going to start climbing like crazy. And that's what happened. Yeah, it was, it was pretty wild, you know, breaking 20. And then in that same month, it was like high 20s and we were like 30s in the new year. And yeah, it was it just, it's weird because percentage wise, it was nowhere near kind of what had. happened in in 2017. Yeah.
Starting point is 00:37:06 But it was it was still just because the numbers are so large. It's just it hits a little bit different, I guess. Yeah. Yeah. And it's for me that was my first, that was like my first bull run, my first like pump. So it was kind of a validation that, hey, you're not an idiot. You didn't throw all your money away. It is, it is nice to, for that first experience.
Starting point is 00:37:33 even though you hear it from people before where they're like, oh, yeah, we've been here before. It goes up. It goes down for a while. It goes back up. Like, you'll be fine. But to actually think that's what's going to happen, have the entire world shitting upon anybody still in Bitcoin for like a calendar year or two. And then to see it come back and then breach previous all-time highs, much to the chagrin of, Peter Schiff for the umpteenth time um like it's it's a unique experience that first time around to be
Starting point is 00:38:10 like oh thank god I'm not not just like listening to a bunch of other idiots that that we're hoping it would go back up like it actually is what I think it is so yeah yeah it's it's a unique experience for sure and also the people that once you weather a bear market so like 21 was your first ballroom did you enter during the bear i started buying in the summer of 2020 so it was like the tens to 12 when i started buying so my first bear was when it went back down to like 17 yeah okay so yeah i mean it would have been scary but at least you didn't fully see like a uh you know it'd go below your first buy price. Right. Yeah. Yeah. Yeah. So that's that's that's all right. I think yeah, mine, my first year was an 80%
Starting point is 00:39:13 drawdown, which which was jarring. But it's not like I had any fucking money at the time anyway. So yeah. Yeah. Okay. Awesome. We are going to, uh, I mean, yellow, do you have, do you want to add anything? I mean, I, you said a lot. I mean, I feel like I want to touch. on the the the the the the the the other things that you said too i'm i'm bullish on the the bitcoin babies i mean beckas got her her uh little she's uh she's replicating yeah for sure i mean factory members are rising yeah yeah which is that's super awesome there's there's so many bitcoin babies also i will say that uh carla's baby is like the smileiest kid i've ever seen in my entire life Nice.
Starting point is 00:40:02 Super cute. And yeah, just Bitcoin are babies everywhere. I think one of my favorite things was in Madeira. They had for the conference there. They had a kids area and it was full. There's just families and children everywhere, which is great to see. We're winning because all of the Nilewists are not holding off having kids because they think the world is going to hell in a hand basket,
Starting point is 00:40:30 which I can see how they. would think that we need we need more pleb organized meetups too like we need more relaxed and chill events like that yeah come to my meetup in ohio yeah why not i'm saying i'm saying it for the stack traders because i think you're doing something and they should they should do it what are they doing i don't want to do it like a meet up like with all the stack sellers. Again, they should definitely do it. Like, we need more events like that.
Starting point is 00:41:08 Yeah, that's true. It's so rewarding when you get together with a bunch of other Bitcoiners especially, I think it I want to say that it's it's it can be more rewarding when you build
Starting point is 00:41:23 something locally too because it's like you didn't just show up to you didn't just kind of to go show up to like another event you actually kind of are you see that there's a you're helping cultivate or being a part of something that you can access right where you are and I think more people you're right more people should do that just like if there's not something that starts something I'll tell you that I'll tell you this whoever is listening in house doubts if the
Starting point is 00:41:56 mean factory could make the party who organized that party you can do it like I don't know how we did it. That was a great time. I really enjoyed that. It was, and it was pretty chill too. Like I didn't feel like I had to rush around and everything. I did.
Starting point is 00:42:14 I mean, Sean had me speaking a couple of times. And I'm not going to lie. I was quite intoxicated. That's on brand. Yeah. I held it together, I think.
Starting point is 00:42:30 I think I got a, on a stage with Surfer Gym and I was I was a little inebriated at that moment. I can't remember what else I had to speak at. Maybe introduce or something. I don't know. Oh, I was on a stage on the beach. I can't remember what that was. Yeah.
Starting point is 00:42:49 Yeah. That was a good time. You stayed down there for a little bit, didn't you? For a month. Shit. I stayed for a month. Yeah. Wow.
Starting point is 00:43:00 Did you? where did you pay? After the party, we stayed a little bit in the same resort for a couple of days with a min factory group. And we just hang out. And then, you know, some stock chainers
Starting point is 00:43:20 and DSBers, friends in general. And then... 58K gangers. Yeah. Those two. They were around. And then I went to,
Starting point is 00:43:32 I think, to El Zonte after you all guys left. Yeah. And then we went in a secret location in Lakehouse Itipango next to San Salvador.
Starting point is 00:43:47 Then most of the people left. I went back to El Zonte. I went to San Salvador. I went to Berlin. Yeah, I went around. But mostly, yeah, the best days were that lake.
Starting point is 00:44:02 that lake and that place we found there was right right next to the lake like it was the best days less less hot also not helped yeah it wasn't like a zonthe yeah it's a beautiful it for sure it's like a beautiful country and it's a safe country yeah and if you have any doubts don't just go yeah 100% I mean, other than, of course, we're going to create a Greek island citadel someday. Someday. Yeah, someday. Well, that's awesome.
Starting point is 00:44:45 Well, we'll put a bow on that for now. We're going to do a rotation in a moment, as Jason has outlined. We'll hear from the 58K commies. Jason knows you state shit. So we'll hear about that coming up next. We're going to do just a quick little break. We're going to give a quick shout out to the remaining sponsors. And then I'm also going to give away some sets.
Starting point is 00:45:11 So everybody that is in the audience, get your lightning wallets ready. There's going to be a QR code on the screen when we come back. And whoever scans that with an LN URL capable lightning wallet will snag, whatever the amount is, it could be anywhere between 500 and potentially a million stats. So we shall see. But we'll be back in just a sec. We'll see you guys soon. CoinKite.com has some of the best hardware on the market today to secure your Bitcoin. The cold card queue is an absolute powerhouse and is my daily driver. And on top of this, they have plenty of other goodies including the Mark 4, the tap signer, open dimes, the block
Starting point is 00:45:54 clock, and much more. If you head over to their website, make sure you use code BTC sessions at checkout to get a nice discount. Links are in the show notes down below. Keeper is a mobile Bitcoin application for managing and securing your funds for the long term. You can set up hot wallets for day-to-day spending or create digital vaults for deep cold storage. They also offer assisted multi-sig options as well as inheritance planning. And on top of that, Keeper boasts a long list of support for Bitcoin hardware, longer than I've seen for any other mobile application. You can check them out today by searching Bitcoin Keeper in your app store or heading to bitcoinkeeper.app. When it comes to peer-to-peer trading and lending, instant self-custody
Starting point is 00:46:45 and no K-YC, hottle-hottle is the place to be. You can sign up with just an email address and once you're there you can start browsing offers immediately whether you're looking to buy and sell or whether you're looking to lend or borrow. You can check them out today at the links down below. All right, we are back in. We're going to give away some stats before we move on to the The 58K commies telling us why they're bullish, as represented by Barry, of course. So, Barry, you're primed and ready for that. Yeah, I don't appreciate that representation. I blame Jason.
Starting point is 00:47:24 Yeah, you're always against the truth. That's fine. Well, we're going to give away some stats first. I'm here over at Bitcoin Well, there in Canada and the U.S. And the way it works is anybody who signs up when you buy Bitcoin, when you refer friends, or even just in signing up, you earn points. And those points can be used to throw a coin in the Bitcoin wishing well. And then you can win the chance at either 500 all the way up to a million sats every time you toss your coins in the well.
Starting point is 00:47:57 So anybody that's got a lightning wallet, get it ready. Whoever scans this first will snag whatever the amount of stats is. So I'm going to toss it into the well. And I'll make this larger so everybody can scan it. There it goes. And 500 sets, whoever snags it first. And congrats, whoever does. Let me know if you do.
Starting point is 00:48:20 Drop it in a comment if you're watching on Noster or on the YouTube live stream or any other place. Drop a comment. Let me know that you got the sets. But with that, we'll dive back in. And Barry, I'm going to queue you up with the same question. he gets why are you bullish before he goes I have to put a disclaimer
Starting point is 00:48:41 I have to put a disclaimer whatever whatever you hear guys now be careful he's a propagandist okay the man with a daily show where he won't share the mic
Starting point is 00:49:01 is calling me a propagandist that's rich yellow that's rich I've got lots of reasons to be bullish. Like yellow, I could list a bunch of them. I tried to think of a unique one for this. For those of you who don't know me or what I do or anything, I work in the mortgage industry. And it's really hard to buy a house right now,
Starting point is 00:49:26 probably harder than it's been in a really, really long time with rates being high, with the home prices being high. And what I realized was there are a lot of people that are probably out there investing in Bitcoin, rather investing in real estate right now because they've been priced out of real estate. So there's a new class of people that can actually invest in Bitcoin because they can't invest in a house. So that's one reason that I'm bullish while it means that our economy kind of sucks and it does. But that's another reason why I'm bullish on Bitcoin is because, again, it's what people are going to.
Starting point is 00:50:04 It's a new investment class, a new way for people to save their long-term work rather than, you know, traditionally that being in the equity in their home. They can, even though it's because they can't buy a house, they can store that in a different way. And that way is Bitcoin. I, yeah, I like that. It's, that's an interesting. I like the framing in that the fact that people cannot. access the housing market if those people are turned on to Bitcoin, it may actually be a net benefit. So in a way, the system as it is, despite people getting screwed out of homeownership, they may be funneled into something even better, which is, which is, I mean, kind of poetic, I suppose, like the system imploding upon itself where, you know, even the thing that,
Starting point is 00:51:04 traditionally people used to hedge against their shitty currency is now no longer accessible because the currency is so shitty that they get pushed into a better currency, unbeknownst to them. Yeah. Yeah. Again, I think it's just kind of maybe unforeseen consequence of inflation going up and prices going up and all that is, you know, they've got to go somewhere else. Yeah. Yeah. I mean, even when I look at, so, you know, myself and my family, we moved just kind of at the beginning of when the lockdowns were kind of starting, which at least gave us shit to do when everything was closed.
Starting point is 00:51:58 Like we got to kind of arrange the house and turn it into a home type thing. But that was obviously pre crazy interest rates and pre, you know, home inflation. And so it's funny because I look at the cost of the home when we moved in and what it's valued at today. And you look at that and you're like, wow, that's a much larger number. but did did anybody actually get you know anybody that owns a house actually get you know move move up the ladder compared to where they were i mean not really because you live somewhere it's but it's the people that weren't already actively in a home like with a with a mortgage out of that time basically got completely screwed in the past three four years like my sister was looking at a place she was looking through 2020, maybe early 2021.
Starting point is 00:53:00 And she had almost saved up enough for what would have been necessary for the down payment. She kind of priced everything out. She was like, okay, I'm pretty close. I'm going to give it one more year. And then what happened? Interest rates are insane. Housing market like continues to go up regardless. And she just, the mortgage cost.
Starting point is 00:53:26 more than more would have more than doubled for her monthly and the cost of the home was insane the interest like just everything worked against her and so it took it from i'm almost there to it's completely out of reach probably forever and that's that's pretty heartbreaking for a lot of people yeah um and in canada you have shorter mortgage terms you have to refinance every once in a while right Yeah, it's super shitty because you go and they're like, hey, do you want a multiple hundreds of thousands of dollars loan? You're like, sure, what's the interest rate? They're like, well, for the next five years, it'll be this.
Starting point is 00:54:08 After that, no fucking clue. Would you like it? And that's how it is. It's like every five years you have to refinance. So like, there's no such thing as just buying a home and knowing what your pay. are going to be forever. It's like, no, you know what they are for the next five years and it's a total crapshoot. So in a way, it's kind of like a variable rate mortgage forever, for everybody.
Starting point is 00:54:38 It's just whether or not it's like immediately responds to changes or if it's like five years later, you might be in for a surprise. And for a lot of those people, like they try to, they tried to make it so that the, the changes in rates, you wouldn't get approved if the rates were to go up a certain amount. But we went above that threshold because they didn't think it could happen. Gotcha. Yeah. So it's like, boy, what do you do?
Starting point is 00:55:08 Like, they were totally fine with giving out. It was crazy. And the worst part about it in Canada was in 2020, the governor of the central bank of Canada, in a press conference said, if you are looking to take on a large amount of debt or buy a home, you should do it now, or it would be a good time to do it now, because rates are incredibly low and are likely to be very, very low
Starting point is 00:55:41 for a very, very long time. And literally anybody who bought a home in that moment got fucked like almost, you know, within a few years. Yeah, unreal. Yellow, what do you think? Real estate, shit coin? Well, it depends. I used to say everything was silicon in other than Bitcoin,
Starting point is 00:56:07 but I have found that a good way to stack and raise your ability to stack shots through any kind of cycle that is out there you're going through is to raise your avenues of revenue. So if that reinstate is being used to create a kind of cash flow for you to use it to stack, I wish I had done that earlier, you know? Yeah. Yeah. Also, I feel like at some point, you know, the goal is to get to a point where you're comfortable enough that you can then begin using and enjoying your Bitcoin.
Starting point is 00:56:57 So if you can, in general, I kind of have like a pretty simple formula, especially for the immediate term. And it's try and provide value for others, spend less than you earn and save in money that nobody can print. And, you know, if you can follow that, then more or less, you're pretty much good to go. But, you know, if it's been X amount of time and you've kind of built up some savings, I think you can kind of think of it in, at least for now, in four-year cycles where it's like, what would make my life materially better over this next next. cycle that I may want to do. And for me, like, you know, you know, it, it helped a lot in, in just kind of establishing certain things for myself and my family where it's like, okay, like, this is, this made our lives materially better for four years and for my kids and me, like, yes, I won't have that amount of Bitcoin, probably again. But at the same time, I still have
Starting point is 00:58:10 the savings. I'm still doing fine. I'm still, you know, spending less than I earn. And my kids' lives were notably better during that time because of that decision. So I think things like that are fine. You know, you just have to not get irresponsible about it. Yeah. Yeah, exactly. And in the end, I hate saying to anybody what he can or cannot do with his stats or money in general. So, yeah. I guess it's like a winning strategy when you're newer to the space or you're young enough. And you have a lot of years in front of your stacking. for the first three years to stack like crazy and nothing else.
Starting point is 00:59:05 Yeah. But after a certain time in this thing of hours, you've got to find also new ways to, yeah, as I said, to upgrade as Bitcoin is going up and your holdings is going up and your way of living is going up. in the same way you have to upgrade your ways of stacking. So that's a win for you as an individual and that's a win for all the Bitcoin, all the Bitcoins are holding, right? Because in the next cycle it means the plebs that were used to be, I don't know, streams, how you call them,
Starting point is 00:59:52 like becoming streams with 100K push on, You know? They have done how to keep with it. They have some muscles on them. Yeah, I think it's true. And everybody's, anybody that sticks around Bitcoin for enough time, they're going to, yeah, I guess in a way you kind of graduate from cycle to cycle. It's like you have your insane stacking cycle. And, you know, you kind of also stack lessons, right?
Starting point is 01:00:26 Because like you can you can screw up a lot, right? Like I've had plenty of little things along the way where I'm like, I would have done that differently now. Like do you guys have any important life lessons as Bitcoiners where you're like, well, that was stupid and that was that was a lesson that I learned that I prefer other people to be able to sidestep? don't don't take out an installment loan expecting like the price to go up immediately or in the short term because that that will fuck you yeah don't buy that inject printer
Starting point is 01:01:08 back in 2014 now worth around 100k what was that that website is gone now hey Hey, it was called Bitcoin or shit.com. Yeah, yeah, it was showing how it goes up, how much it goes, right? That's a shame that that's gone because that was a good website. You could buy an iPhone. You could buy it like a car.
Starting point is 01:01:36 Yeah. Yeah, I remember that. I remember that website. I feel like, so one of the early lessons, one of the first cycles where people figured out it was a bit of a cycle was, you know, the early lesson was, you know, Bitcoin not shitcoins. And so I'd say that that kind of culminated in the ICO craze of 2017 and then the subsequent bear market where just like all of those ICOs were just total trash. And everybody realized that they just got taken for all their Bitcoin.
Starting point is 01:02:11 So that was kind of the, I'd say the first material. push of Bitcoin only. And, you know, in 2018 was when the Bitcoin standard came out. So then there was an actual, you know, piece of literature that you could read to kind of help formulate your thoughts around things. Then more and more started happening around that. But just because people learned to migrate to Bitcoin only doesn't mean that they were beyond lessons because the next cycle through 2021, what was the big lesson? I mean, one of them was leverage. It was like, oh, I understand Bitcoin only, but I'm going to like use like, I'm going to lever the shit out of it and I'm going to put it with somebody and I'm going to do all this stuff and either you got rug pulled
Starting point is 01:03:03 or you got liquidated. And so like a lot of people who understood Bitcoin only still got screwed. I'm, I have my my inklings of what the lesson this cycle is going to be, but I I'm curious if you guys have something in mind of what the major lesson for Bitcoiners is going to be this time around. I think it might be something around the technicality. Like, I feel like it's a good thing that a lot of new projects are coming out, but I feel like slowly, there is more, the pendulum is like towards more experimenting and not that much on the caution side. I don't know, I wish that doesn't happen. If it happens, it's going to be happening in a layer above.
Starting point is 01:03:57 No, I'm not talking about the base layer, obviously. But yeah, we might see something like that. Around multisig maybe, I don't know. But the good thing is, as that bad thing might happen, who knows what the next thing, the lesson is going to be, the hard lesson. that we all going to find out is the good thing is because I still have my degenerate sitcom friends from part 2017 but still talk to those guys the good thing is that those guys
Starting point is 01:04:33 in the sitcom world it's my understanding that they have finally realized that the whole marketing VC money-funded argument of, oh, this is blockchain better than it's faster, it's simpler, it's, it can do this and that and all that. Therefore, the majority have finally, finally realized that all that is bullshit. In that side, other than Bitcoin, the only thing that exists is gambling, trade gaveling in the meme coins and nothing else. And that's apparent in the failure of Ethereum. Like you can see Ethereum that it was the top gone, the top dog on the so-called like
Starting point is 01:05:27 VC funded, suit wearing, smart contact narrative that we are better than Bitcoin. It's slowly failing. And they cannot do anything. about it. It's kind of sad that whatever they try to spin now, Ethereum is failing. The only thing left there are chains like Solana that is straight for gambling. Yes. That's a huge win for Bitcoin. I feel like we haven't realized it yet.
Starting point is 01:06:04 Yeah. I think you're right. And I think so this is. This is my favorite. I got to pull up this tweet that I saw earlier because it kind of proves your point where because the utility of Ethereum is that's what it was all touted. And clearly, you know, Bitcoin is kind of where you want to be because you don't want the, you don't want your foundations shifting beneath you as you. try to build something atop. And so, yeah, all this left is degenerate gambling. And to prove that point, I want to show this. Which at least is more honest than saying, oh, my blockchain can do that and my
Starting point is 01:06:58 blockchain can do this, you know? At least the guys in Solano are saying, we have mincoins. We have shit. You want to gamble? That's it. Yeah, exactly. Yeah. So I think, and this is.
Starting point is 01:07:11 Like, don't, don't follow this guy. Don't take advice from him. But I just want to show this tweet. But then I want to give it context. So, ran, is that how you say his name? Ran Nuneer? Anyways, Cryptoman ran. Oof.
Starting point is 01:07:28 Anyways, I just found this for me. Yeah, he's like, this is such a hard tweet to write. I'm in an abusive, really. It goes on to basically say, like, he's breaking up with Ethereum and he's selling the last of his Ethereum. And some people looked at that and took it as him going Bitcoin only, but it's far from that. Like this guy is like a degenerate like, oh, here's the tokens to invest in type thing. And so like what's he doing now? Well, I mean, look at him.
Starting point is 01:07:54 He's literally like pumping whatever, whatever like he's got Solana all over his feed. He's pumping like whatever token, this crap, it like everything. It's just what whoever probably, who knows. what kinds of, you know, little wink-wink-wit-nudges are happening here too. But, like, he's not leaving Ethereum because Ethereum doesn't do something that these other things do. It's because the gambling aspect of these other things is far greater. Yeah, they're not paying him enough. Yeah, yeah, exactly.
Starting point is 01:08:38 Like, yeah, going broke, yeah. yeah um barry what do you think yeah i mean i am uh definitely against any sort of shit coining as far as like what's going to happen this cycle and going to be the big thing i i have no idea um probably something around like i don't know yeah something with the shit coins or with the gamblings i know you can basically bet on anything now so probably something around around that, people just getting wrecked because they're straight gambling their money rather than trying to invest it. Yeah. Yeah. If I had to make a guess, it's going to be in and around both those things. But I think that the lesson in particular that Bitcoiners are going to have to learn this time around is if it's a bad idea as its own blockchain, it's probably still a bad idea on top of Bitcoin.
Starting point is 01:09:36 And I think, and I'd like to credit that quote to Francis Pooleyot, which he said to me at Baltic Honey Badger in 2019 after we watched some presentation. And I was still kind of figuring out how I thought of things. And we watched some presentation about some guy doing some like, I don't know, it just didn't make any sense to me. And I came out really confused because it was it was Bitcoin, but it was sounded weird. And that's what he said to me. If it's, you know, if it's a bad idea as its own shit coin, it's probably still a bad idea on top of Bitcoin. And so we're going to see a lot of like grifting on top of Bitcoin.
Starting point is 01:10:18 Oh, this is, this, that, and the other thing. And, you know, it was stupid as a token on its own blockchain, but now it's a token on Bitcoin. And so that's totally, you know, that's totally fine. And it's going to be hard to decipher between like the layer two grift is going to be real. and you're going to have to decipher between like, oh, you know, this thing has tradeoffs and you should be cognizant of them or this thing is a literal shit coin that is useless and is not needed and it has tokens and all. So like if people are, you're going to have to get a lot more nuanced in discovering what's actually going on with a lot of these projects because everybody's going to have a layer or two on Bitcoin and a bunch of them are going to be trash. Yeah, it reminds me of the first years of Ethereum where they were experimenting with more complex and more complex smart contracts.
Starting point is 01:11:15 Yeah. And that the result was a guy when they pushed a button, the code button, and basically make the whole Ethereum crumble or something. Like every week we were reading how that smart code that got. had a bug and now those coins are gone and how they're going to refund everybody and especially in the start of the defy run like that was every other day every other day so i feel like something similar as i said might happen and might be the lesson we learned this cycle around a bug that might happen like a side saying like you describe now yeah yeah very Shitcoins on Bitcoin. Are you going to partake? Are you going to stay far, far away? I will stay far, far away.
Starting point is 01:12:12 Yeah, there's a lot of griff there. It's going to be Dicea out there. Everybody, be careful. Bitcoin, Barry, not a lot of people know this, but Barry is actually a deep-closited sit-coiner. This is not true. that's that's that's what a deep close in the seat corner would say not true that's what he would say that's i mean checks out no it doesn't well gentlemen um i'm going to start to round out but i like to
Starting point is 01:12:53 round out a certain way at the end of every episode and uh the way that is is uh just some some quick final thoughts you know any any takeaway from the conversation any anything you want to finish getting off your chest. And also a recommendation. And the recommendation can be anything you like. It could be as simple as a little bit of life advice you wish you had as you were navigating Bitcoin for the first time. It might be an app.
Starting point is 01:13:18 It might be a blog that you read, a video that you saw, a device you tried. It could be anything. Whatever you think somebody watching would benefit from or enjoy, you can throw it out there. So my final thought today is. I think we're on the verge of a very interesting year. I think all of our expectations over the last cycle were kind of thrown out the window, and they may also be thrown out the window this time in a very different way. Last year, or last cycle, everything was kind of muted, I think, from a mix of FTX and the China mining ban.
Starting point is 01:13:53 And then on the downside, it was worse than we thought, because at the doldrums of the bear market, FTCs collapses, and everybody freaks out. out even more than they might have. And I think on this round, I mean, we've already blown through a new all-time high pre-having, which just doesn't happen. Well, and now it does. And so there's a lot of assumptions on diminishing returns, and we'll see if those assumptions are correct or not.
Starting point is 01:14:24 So I think we're in for a very interesting next year in a bit, if anything, and we'll see what those look like. And then in terms of recommendations, peek around at some of the privacy options there, one of which actually, and be cognizant of tradeoffs, obviously, but Yellow, you mentioned cashew. You know, peek at some of those cashew wallets. They're kind of cool, even just to play around with, just to familiarize yourself with how they work. and you can, what's the website? I think cashew. com.
Starting point is 01:15:03 You can literally go to a website that is called cashew. combe right away. And you can create a wallet with like nothing. And you can add a mint. It's all down below. There's some discoverments. You can just add one. And then you can just send a lightning transaction in.
Starting point is 01:15:23 And then you can send Cashew, which is basically eCash, nominated in SAT to whoever you like. And it's instant. That's what I used to send one set through my banking. Yes. Right. Because you split up the eCash text. That's hilarious.
Starting point is 01:15:43 That's super awesome. Well, that's sweet. Yeah. So I don't know, check out. Play around. It's fun. Yellow. I'll give it to you.
Starting point is 01:15:51 Final thoughts, recommendation. And then we'll go to Barry. Final thoughts is. Late August, I said no, I said I had enough. I draw a line in the sand and with my fellow DSBers and freedom lovers. We fought back against the cabal that is the 58K gang. We won that battle, even though the influencers in the end came and capitalized at that war, that win. It was a glorious PLEB movement that happened. And now we are back at where we should be.
Starting point is 01:16:36 And that's pumping, slowly and steady. And that's great. Freedom is back. And I'm loving it. I'm having more energy, more power, I guess, heat, whatever you want to call it to meme. create stuff so that's good um i'm going to suggest everybody and uh please uh join me on october the third i'm going to leave it with that uh it's uh coffee day uh after pizza day it's coffee day it's the first day that two years ago I think the first transaction of e-cash happened with the Bitcoin and they bought a coffee cup so we're going to make it a day out of it nice third of October so they accept a lot of memes around that and yeah recommendations Go outside. Do that.
Starting point is 01:17:53 Yeah. That's it. Go outside. There's more to this than this. Yeah. That's very true. Now that you said that, I'm going to go outside right after this. Barry, I'm going to toss it to you.
Starting point is 01:18:07 Final thoughts, recommendation. Yes. First off, can you mute yellow? I'm mute myself. I don't need anybody. just remember that 50k 8k is forever 58k is freedom and that at any price we're still at 58k that is until we hit 580k by yellow as far as recommendations I will recommend that people read fiat food by Matthew Weissick it is on the safe house if anyone read the Fiat Standard, Safe has a chapter in there called Fiat Food.
Starting point is 01:18:49 This guy wrote an entire book about it and basically about how the American food system, which was exported to the rest of the world, became corrupted through big money, big government, and big farmer. So I think everybody should read that. That's all I got. That is an excellent recommendation. this this fucking book yes i was screaming at the pages in every chapter every chapter that i read i like i would i would go find my wife lisa listen to this this is insane and like you tell
Starting point is 01:19:28 people about it and you sound like a crackpot like telling them that the guy who invented kellogg's corn flakes did it as a as like a cultist anti-neutralist anti-neux masturbatory swap out for like a healthy breakfast and and they're like excuse me no you're you're insane and but it's real you can look it up and he was part of the seventh day Adventist church and he was tasked with replacing uh replacing eggs and meat for breakfast so that men would have less testosterone so that they would stop masturbating yes it's it's a crazy like The guy starts off the book basically saying, like, I read the Fiat standard and agreed with everything, but the Fiat food chapter, he thought was totally up to lunch. And he's an investigative journalist of 20 years.
Starting point is 01:20:22 So he was like, okay, I'm going to, I'm going to go and like backcheck this. And he found that Savedine understated how corrupt everything was and broke an entire book about it. So it's, it's, and I've had trouble in terms of like, you know, I get stuck on like unhealthy food from time to time. And I'll, I'm kind of one way or the other in terms of the dial. And reading this book switch something in my mind. And I think the reason is is because I got angry. And I feel like now whenever I eat that type of shit food, I feel like. somebody got me.
Starting point is 01:21:05 And it's a different vitriol than, oh, I let myself down and I'm eating something bad. It's more in anger at like those assholes have corrupted everything so that I'm, you know, you get addicted to these types of foods. And so like it's, it's changed my way, shifted my way of thinking. And I don't know. I don't know if it was the book for sure, but I definitely made a change. Yellow. Hey, Barry.
Starting point is 01:21:33 Hey, yeah, yellow. Fuck you. Well, gentlemen, I think it's time to. That's a perfect way to. Thank you both. Do you guys have any parting words for selling? Get your shit together, man. All I have to say is, where is Dennis?
Starting point is 01:22:03 Where is Tully? Where is everybody? Only Barry came. And McHoddle, I think, in the face. There is also ultra-processed people. Dimitris, Tjian. I know this guy. Yeah, so the 58-G gun didn't show up.
Starting point is 01:22:24 They got lost and they're hiding. That's all I got to say. And I'm going to stop here because I can keep on going on that subject for a while. Awesome. All right. Well, gentlemen, thank you for being here. Everybody in the chat, all the nostrils that tuned in, thank you for being here. Make sure you share this out and you drop comments and everything. Follow these gents in the show notes down below. And yeah, I mean, I'll see you guys either at 58K or 100K or maybe we'll have a reunion at 580K. Yeah, well, yeah, sounds good. Awesome. All right, gentlemen. Thank you for having me for the first time, Ben.
Starting point is 01:23:09 Yeah, I mean, it was really great. Thanks for having me, Ben. Yeah, no worries, Barry and yellow. Great having you for the first time as well. Take care, guys. See you guys later. Awesome. And everybody, thank you for being here.
Starting point is 01:23:21 Everybody that's been in the chat, the whole episode, I really do appreciate you. Thank you for dropping all your comments and being part of the show. and I'm talking to, I have two chats up in front of me. So I have my YouTube chat up on one screen. I have all the nostrils on another. Also, I'm going to give a shout out to the nostridges that have been zapping the show as well. There's been some wild, like very, very generous zappers.
Starting point is 01:23:54 Also, Jack Dorsey zapped my stream, which is... hilarious, I think. Did he? Weird. Maybe. I could be wrong. I don't know how this works. But a big thank you to everybody that's been a been zap and stuff. I appreciate it. Very, very nice of you. And maybe I'll just, I kind of want to, I want to show the nostrils. I need to get you guys, I need to get the live stream chat of the nostril. on the screen more regularly. I'm just trying to figure out how to do that specifically, but shout out to all the Noster fam here. They were active throughout the show,
Starting point is 01:24:44 all kinds of zaps and comments and everything. So as soon as I figure out how I can put, as soon as I figure out how I can put all these messages from the Nostrofen, nostrils on the screen during the live feed. I will do that as well. I'd love to be able to bake in the two, but maybe, hey, maybe I just put the nostar stream there. That'd be, that'd be pretty sweet. Anyways, we'll see what happens. I'll figure that out as we go. Anyways, I'm going to wrap up. Thank you guys again so much for being here. If you haven't already, please do like, subscribe, share, all those things super important. You can check out in follow the
Starting point is 01:25:29 guests in these show notes down below. You can also check out the previously mentioned sponsors. And if you've been sorting through the channel, you've been checking out the tutorials and you hit a snag. You need some additional help. Check out, reach out to my team over at Bitcoinmentor.com. We've aggregated an awesome group of educators that can help you through anything. Wallets, hardware, multi-sig, running a node, lightning, even home mining stuff, privacy stuff. it's all there. So reach out, Bitcoin Mentor.io,
Starting point is 01:25:58 and anyone on the team can help you out with whatever you need. And with that, I'm out. Have yourselves a wonderful day or evening, wherever you may be.
Starting point is 01:26:06 We'll see you guys next time for your daily session. Hottle by Bitcoin.

There aren't comments yet for this episode. Click on any sentence in the transcript to leave a comment.