The Canadian Bitcoiners Podcast - Bitcoin News With a Canadian Spin - THE BITCOIN FORK WARS, PUMP AND DUMP BTC TREASURY COMPANIES, CIRCLE CBDC | The CBP 334 Pt 1

Episode Date: September 30, 2025

FRIENDS AND ENEMIESJoin us for some QUALITY Bitcoin and economics talk, with a Canadian focus, every Monday at 7 PM EST. From a couple of Canucks who like to talk about how Bitcoin will impact Canada. As always, none of the info is financial advice. Website: ⁠www.CanadianBitcoiners.com⁠Discord:   / discord   A part of the CBP Media Network: ⁠www.twitter.com/CBPMediaNetworkThis show is sponsored by: easyDNS - https://easydns.com EasyDNS is the best spot for Anycast DNS, domain name registrations, web and email services. They are fast, reliable and privacy focused. With DomainSure and EasyMail, you'll sleep soundly knowing your domain, email and information are private and protected. You can even pay for your services with Bitcoin! Apply coupon code 'CBPMEDIA' for 50% off initial purchase Bull Bitcoin - ⁠⁠https://mission.bullbitcoin.com/cbp⁠⁠ The CBP recommends Bull Bitcoin for all your BTC needs. There's never been a quicker, simpler, way to acquire Bitcoin. Use the link above for 25% off fees FOR LIFE, and start stacking today.256Heat -⁠ https://256heat.com/ ⁠ GET PAID TO HEAT YOUR HOUSE with 256 Heat. Whether you're heating your home, garage, office or rental, use a 256Heat unit and get paid MORE BITCOIN than it costs to run the unit. Book a call with a hashrate heating consultant today.The Canadian Bitcoin Conference - https://canadianbitcoinconf.com/The PREMIER Bitcoin Conference, held annually in the great white North, where Bitcoiners come together to share stories, build momentum and have a great time while doing so. Whether your a pleb, business, newcomer or OG, the Canadian Bitcoin Conference wants to see you in Montreal, October 16-18 2025. Don't miss this one!

They're really treating it like a threat. And one of the things that can't be attacked is your self-custody Bitcoin. And one of the things that can be attacked is the ETF. Can't be exposed to that. That's my view. It's not a good idea. And by the way, that'll hit MSTR too. It'll probably hit other stuff as well.

Friends and enemies. Welcome back. Canadian Bitcoiners podcast. Friends and enemies, welcome to the CBP. Want to be better informed. Listen to Levin Joe E. Spots is taking care off right off the top of Bitcoin and Easy DNS. The media is feeding us.

slop it doesn't matter what topics discussed quality entertainment and information you can trust uh that's being planned or at least discussed you know we're not going to allow the entertainment and information you can trust send the guys some value boost them with some stats bitcoin is the scarcity acid i mean it's just a fact geopolitical national down to the local I was just fucking kidding. Len came to the to the show waiting room and he's like, all right, buddy, let's get this thing started. I said, uh, okay, yeah.

No, no, I can quote it, man, but it's, you know, whatever. Good to see everyone. Len, good to see you too, buddy. Welcome back to the Guinea Bitcoin's podcast here on the eve of truth and reconciliation day, Len, the only obvious, the most obvious question here. What are you doing to reconcile? Yeah, I got a tennis match scheduled tomorrow at 9.30. Ah.

Are we doing? No, it's for me, it's, it, it, I am mentally, um, one with myself when I do that. So all the things that happen to the human race to individuals, it just washes off me. And I feel, I feel cleansed after that. It's my ritual, my spiritual cleansing, so to speak. Yes. What are you doing? Um, nothing.

I'm going to, I don't know, probably like go, I have to go see our friend Twan tomorrow, which I'll talk about maybe during the 256 heat ad. So I'll go see him tomorrow. I'm going to get a haircut tomorrow as well since that seems like the right day to do it. And that's about it. I don't know. I really have nothing special plan. Do something with my daughter and my wife, I guess.

And tomorrow night, I will be the guest of honor at my own birthday dinner, which passed recently. So I will be going to my in-laws for a bite to eat tomorrow night. I hope you're in a guest of honor. You don't fucking, right? Whatever. Well, that's good. Are you going to be cleansed after that?

Is your conscience going to be clear of everything? My conscience is clear. I have. Your conscience is fine. Yeah. Something burdeny. No. I mean, I have many thoughts on,

that I won't share on the show but you can guess what they are on this truth for reconciliation day but anyway let's talk about the sponsors and we'll get into the program EZNS is the best place for you to buy a domain

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Who's the other sponsor? Well, Bitcoin. Great place to buy and sell your Bitcoin. I don't know what the price is. whatever the price is, it's a good time. On 15, 114, something like that. It's a good day today. All right, there you go. In Canuckbox, I have no idea what that would be, 160-ish, give or take, whatever the heck it may be. You could do your buys and sales on bold Bitcoin.

They have your security and privacy in mind. Just listen to the team, listen to them, talk, listen to Francis, and you'll understand what the ethos is over a bull Bitcoin. You do on-chain. You could do lightning. I haven't checked the on-chain fees, but I still think they're rather cheap. Last I checked. They're low. Continue to do those, but once the deuce creep up, which eventually will happen,

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do it. Check them out. Yeah. And they're non-custodial. I forgot to mention they are non-custodial. No rug pulls loud over on bull. And then obviously the third sponsor, a Canadian Bitcoin conference. I will be the MC at that conference this year. We have a packed, packed agenda full of really high quality speakers, really high quality content. I know one of you guys said that there was too many suit coiners in the speakers list. I disagree. I think there's a lot of good bitcoiners who have recently sort of come into their own as voices in the space. You may disagree with stuff like the Treasury Strategy stuff.

But, you know, these people are still Bitcoin hodlers, even if they hoddle other things as well. And I think the conference is going to be quite good. Not to mention, Len, all Canadian content, more or less, which is really, really nice. Tomorrow night, you can come to this too if you want, then. I don't know what you're up to. but at 8.30, I think, 730 or 830, me, Dan Carlin, Joe Barbudo, the Econ Longwave, and his usual spaces host, Joe Rampart, are going to be doing a space on Canada, Bitcoin, the conference, all these different things to try and get people hyped up for the conference

number one, but also because I think there's a lot going on in Canada. And there's a bunch of people who understand something is happening, but maybe don't understand that Bitcoin can help you now. navigate these tumultuous waters. And so we're trying to get people involved and interested in all this stuff. So we are excited about all of this and we hope to see you guys there tomorrow. And I think it's in my Twitter profile. I'll pin it right now just in case it's lost in the sauce there.

Name the Sue Quinters are showing up to the, I guess I don't want to go back to this. Yeah, one that people don't like because he's a, you know, MSTR guy. There's a few others too. Jeff. He's a young fellow from the States who's really been on. on this MSTR. Is he the British dude? He's not British.

He's American. And he actually was a college punter and has a video on YouTube of him punting it, I think 67 yards. Pretty good. How come he's not in the pros if he's punting it that far? That's what's the hang time? You got to punt that far every time to be in the pros.

But that's a good pro level punt. That's good accuracy. Hang time is another one. Like Reggie Roby was famous for out kicking his return team. Oh, kicking your coverage. Oh, kicking your coverage, yeah. He was the only guy that would wear a watch when he kicked the ball. Then he used to make fun of him.

He used to watch his watch, look at his watch when kicking. Yeah, see, I know. A lot of you guys in the chat here saying Jeff is a good guy. I think he is too. And yeah, he's in shape for sure. I'm looking forward to meeting him and a few other people that I've done appearances on other shows with and talked on Twitter and DM with. And, you know, Jeff and I have our disagreements.

But I think, you know, one of the things I try and do, and I think you try and do this too, Len, you can kind of tell if someone's peer of heart, you know, if they're a con man, scammer. And we talk about scamming all the time on the show. And I do not think that he is a scammer. I think he's a good dude. So I'm looking forward to that. And you guys should be too.

So join us tomorrow night. Get a ticket to the conference. We don't have a promo code or anything. But if you haven't picked up a ticket yet, you ought to. It's going to be a great time in Montreal, October 16th, 17th. And I mean, probably part of the 18th, too. If you stay up late enough on the 17th at the end of the conference. When does it start?

Getting a few beers. It's Friday the 16th. It's Thursday. 16th. Oh, Thursday, 16th, yeah, sorry. Oh, so is it 17th and 18th? I don't know. I should know the date of the conference, obviously, but I think it's 16, 17, 18. That's the number that comes to mine. It's not just be letting up. It's not three days. It's not three days. You should, everyone should be going to the website

anyways and looking at the agenda because there's going to be a lot of good talks. Mark and I are doing one on Bill C8, which is in the news these days. I'll be up there as well with, yeah. Thursday to, yeah, but Thursday night there's not really too much going on. It's like a business slash corporate corporate event on Thursday night plus a little bit of a bar meetup too so starts at one yeah I'm on there they have a decentralized workshop going on there yeah so if you the conference proper starts Friday it's Friday and Saturday so if you yeah go check I mean if you can check out that decentralized workshop totally partner up with us and I like them

and I still have my same it's just plashing away the size of although the screen is not working that well these days sometimes I just have to tap it and make it work other than that it still does its thing I could check the pool and yeah all right boost let's do it yeah okay boost you know what this is an odd one because

we got a bunch of people writing in with the same amount of stats I'll explain so wartime twice 133 sats first one he writes in a lot of people used Tio trade or trade ogre sorry

If I had anything there It was some shit coins from years ago That I don't care about laugh out loud And wartime also writes in 133 sats He says a Dgen Bertie told me a little secret Use liquid if you are willing Sorry if you're swing trading USDT Atomic swap self-costing

No exchange risk Still level of trust when you're dealing with any of those With Bitcoin trust is all you And I like that That's no one I choose Yeah even lightning It's still you know say what you want about it it's it's a pre-sign two of two multi-sigs and so you could

any time you could get out of it by just closing new channel and going from there so yeah it's still bitcoin still bitcoin totally top w cone writes in twice 250 stats first one it's a two-part message and he writes in uh we also see a lot more sorry he says i got it wrong ems is uh some places are part of fire. He says, have the highest non-combat rate of PTSD. You see here, smell, touch, and are part of some of the worst moments in person's life. There is

no normal shift, interrupted sleep. If you get any, no meal breaks, no stopping to rest. Worst is the swing in calls. First run, old man slid out of recliner, lift assist, then short of air, 21-year-old anxiety attack, then four-year-old drowning, 57-year-old injured, toe

possible gangrene. I can't believe that happens these days. Yeah. 19 year old fever, overdose, 37 year old club, blah, blah. He says go home and fall asleep for four hours and go back to work. We are hiring paramedics start 18 USD per hour. That's not much. That's just number one. He says we also see a lot more combat

troops. I'm an Army Reserve member. He's been doing a lot for the U.S. And he had eight deployments since 2002. He's been in EMT slash paramedic. in a civilian job since 97 and he sees more gunshot wounds in EMS than in the military. I could believe that in the States especially and a lot more people. Many of those I was actively trying to save. The movie Code 3, never heard of it, is very close to what we do and bring out your dead by Nick or Nick Hages in it.

Another movie I never heard of. Bring out your dead. Show a lot of the emotional side of the job. So, yeah, there you go. EMS. Yeah, first of all, thank you for your military service. I mean, I'm not an American, but God knows, you guys are doing more to protect this country than we are. So thank you for that.

It's a difficult job. I think a lot of EMS guys are underselling the difficulty that they have at work. And I think I said this on the show. This is obviously talking about what we discussed last week, I think, about how, you know, when EMS guys, fire department, EMS, whatever, get to a scene. You know, he describes it so well there. he or she describes it so well there, the idea that you're going to see everything, you know, on the radar from call to call, including some of the worst things possible. And it's weird, right? I think people are talking more and more about the toll that seeing a dead body or a death

does on your brain. You know, your brain's not wired to see death every day. And whether it's on Twitter or in person, it's too much. It's too much. And, you know, in person specifically and probably a lot more acutely, you notice changes, probably in the way you think and view things and the way you view going to work and thinking about work and all that. So I don't want to envy it, but it's a job that someone's got to do, and I'm glad that we have good people doing it here and in the States as well. And Jared, 10,000 sats. Thank you.

Chair, shout to you, man. As someone who spends about one third of the week on health care problems, this is a must list in fantastic grip, Joey. And this is with your repeated last. Yeah, I'm proud of that show. I got a lot of good feedback on that show. Thank you, Jerry, for your feedback as well. Healthcare man in this country is, it's, the problem isn't that it's necessarily bad.

It's not bad for everybody 100% of time. But the big problem is that it seems to be bad when you need it the most. And I do, I appreciate and understand that it may feel that way because if your situation is dire, you may find yourself thinking that if I don't get help, then. I'm not going to make it or my life is going to change or be irreparably damaged or whatever. But I think, you know, there's more to it than that. And again, like I'll point to my own situation. I mentioned on the show I've mentioned it here before. I just tore an ACL at the end of July and had the operation before the end of August. Why? Because I was able to use some of my own capital to get the imaging done and cash in on some connections to get the surgery done. And I think that

a lot of people, you know, with money would do that and help clear some of the backlog in the system for people who can't. And Mo and Brian brought up great points on that show specifically, though, that this ideology, this idealism that Canadians have about health care is misplaced. And the idea that we have about how two-tier health care will only benefit the rich is false. the rich are not doing anything anyways that's going to impact the health care that poor people get. I'm not rich by any stretch. I have a little bit of money thanks to Bitcoin. But for me to even do something like that, I would do that every time. I would do it for my daughter, my wife, you know, members of my family. But I'm not allowed or they don't want to even. You know,

my father just waited nine months for an MRI. And it's like people have to realize this. this is happening because as Mike Campbell says, and as we mentioned on the show, the thing about Canadian healthcare is that it's not something you really understand until you're, you know, until it's cut you by the balls, right, until you're a victim in that system. And if you can't advocate for yourself, if you get picked up by an ambulance and, you know, you don't have family or your family's out of town or out of country, like, it's not, that's not the place you want to be with this health care system. Um, so anyway, yeah, you know, Mo is a guy that I've known now for a little while. He actually joined the CBP dry January telegram group. And that group

kept four people in it that we talk almost every day, if not every day. And so, you know, having his views there, he's a guy who's super bright, doing a lot of great stuff trying to get private care going in Canada and a few provinces. Dr. Brian Day, obviously just legendary. Before the show, I don't think Moly will be sharing this. Before the show, you know, Muhammad was saying to Brian, And like, you know, I've never met you, but I know all about your work. We used to talk about your case studies and your efforts when I was in med school all the time because everybody is thinking about this stuff and no one seems willing to champion it. And Dr. Day has done that.

And so I was happy to have him on. I'm really glad he agreed. And I think you guys, if you haven't listened to it yet, you'll really enjoy it. You'll really enjoy that show. All right. That's it. So you got P-Man here. I need a knee replacement.

The doc told me when I actually decide to do it, he said it's minimum a year. it's funny like my my i don't know how old u r p man but my father-in-law just had a hip replacement and basically went from diagnostic to surgery in like seven weeks because they decided that diagnosis was like more urgent here in ontario i live in south of ontario and so it's as busy as all hell here um but like there's some and we talked about this on the program too uh i think i mentioned to you at workland and so the idea of like the idea that like there's an opaque a rubric somewhere that tells people what they can expect when it comes to care, but you're not allowed to see it. I think I said this to you also. I say it to you guys, if you haven't listened

yet. Dr. Day tried to get these rubrics from provinces. What is the safe wait time for people? He couldn't get it. He had the subpoena of the courts, or had the court's subpoena, I think, British Columbia and was able to get one year of data for some conditions, and that's it, 2017. Like, it's really not fair. And yeah, Pena, 61 is, you know, you know, that's about the right age to get into your placement if you need it. 61, 62, 63, right? It's supposed to last about 20 years. I feel for people like that because presumably you've paid into the system your whole life

and now you need it and you're like, I got to wait a year. Meanwhile, don't get me started on who's taking up, you know, ER resources and whatnot. And by the way, it's not just immigrants. It's like, you know, if you go to the fracture clinic here in Hamilton, you know, even if you have an appointment because of the air. that it's in, it's in downtown Hamilton. So if you get a break, you go see one of the surgeons there, whether it's Dr. Denkers or one of these other, you know, big, big names in the city,

you're getting usurped in line by DV victims and drug users and homeless and, like, something will give at some point. And I fear that it's going to be civility more than it's going to be a change in the system. No, it's not like it's, you're not getting a side swipe. This happened all of a sudden. This is a continual change. in the way things you know you could change the way things are around you and if you can't do that just change the surroundings around you and you know that's your two options pick one of the two

whatever works for you and live with it you know that's your options all right um let's talk about bitcoin now because this is the new thing a bitcoin or podcast and i think the big story we should lead off this week there's a huge story and the biggest one i guess this week maybe even this cycle. And I'm surprised a lot of people still haven't really talking about it. It's the breaking, the pro-Bitcoin candidate in Ivan

Calderon in California launches his his governorship over there. So he's going to be running for the Democrats. Breaking, breaking, breaking. This is fucking big news. And I'm so happy to see this. This is just, I was ecstatic.

Anyway, why is this? I don't give a fuck. I I, you know, a lot of people, I finally have come to grip that the people that were spearheading this and trying to, to big announcement and all this shit, they fucking blocked the dude in the end. Like, I muted him a long time ago. It just makes sense. And I'm not going to let tennis. Yeah, it cleaned up my, my timeline, right? You don't need this fucking shit, right?

But one thing I did learn from all this, this guy, Ian Caldron might have a chance, may not. I don't get a fuck. Even if he does, like, what's going to happen with Bitcoin? He's going to be like every other Bitcoin politician that's been around. Gavin Newsom's not running. And the reason why he's not running is they have a two-turn limit in California. I thought he was going to run again. You know what you see him next for sure.

Probably. That may be the reason why he didn't run last time. He wanted to finish his tenure here and not be steamrolled in the last election to give him a shot to run the next one. Or one knows. Either way, he's not going to be the governor of California. this guy Ian Caldron has a chance how big is it who knows who gives a shit breaking breaking breaking let's move on right

yeah I don't care about this love Dennis I'm not a I'm not an anti-denice guy but this one I thought was it's a bit much The guys are relative unknown too right Porter's done some good stuff he's pushing legislation through and you know you can put different values on that for sure

but I was a little disappointed because it's one thing to have a Bitcoin politician running but it'd be nice if you were able to like tie your way into a horse that was known and had some firepower. This is guys, as far as I can tell, he's a relative unknown, which, you know, when you add Bitcoin to your, when you had Bitcoin to your platform and no one knows your name, like, I'm not sure that helps. He was the former majority leader in the state.

So let's see how he at least has some pedigree over there. But like I say, I know a lot of state politicians and you do too. And I mean, some of them, but none of us have heard that guy's name before. so i'll be we'll probably hear him a little bit more and that's about it just disappear into the sunset like guys like mele right like what the fuck that guy was supposed to be like pro bitcoin and

yeah what happened with him right i think isa is it Isaac milay like guy avier milay haviour yeah guy in argentina yeah mr mele yeah haveia milay yeah yeah yeah yeah yeah yeah yeah yeah yeah yeah yeah yeah yeah yeah yeah yeah yeah

yeah yeah yeah yeah exactly that he's seen again anyways So let's do talk with something that's bigger At this save Bitcoin with an alleged hard fork That's being proposed by legal At least alleged be proposed by Luke The Rage came up with a hit piece And they

Apparently they got their hands on some messages Signal messages at that too joy From Luke I don't know how they got their hands Screenshots Yeah Someone in the chat Yeah It was a two person chat

Luke and the other person, whoever the other person was, Luke obviously lost trust in that person because there's who else could have gotten, nobody intercepted it. And in the chat, like at least they're talking about or trying to make it look like there's going to be a change to Bitcoin

through an essential hard fork as a way to save it and just because of a certain type of spam that is currently ending up on Bitcoin and will potentially, more of it will come in the future if there's some changes with consensus with a, at least, sorry, protocol. who was some of the things they're saying on advice of ocean's lawyers they're saying it's according to the article the mining pool founded by luke this is ocean right the knots team decided it's better if the letter is not perceived to be coming from them so they're trying to somehow saying that this whole spearheading of this hard fork would not be coming from ocean and or luke funny i'm not sure if you took a look but ooty of all people i know that boss apologizing

I knew you're going to bring this up, yeah. There was an apology and it was accepted, which is interesting. Anyway, Odie of all people, he was defending Luke. He wrote a very lengthy piece both on X and on stacker. News. And he's right in his assessment because, like, one, sharing the private message is a piece of shit for doing that, right? Like, it's a private message between two people, right? There's some level of confidentiality between it.

If you're going to break that, your word is your bond. Once you break that, you have. nothing after that. Plus when you take a screenshot as something, you're not getting the full scope of the conversation. You may be taking stuff out of context. And I'm not saying it's applicable here,

but it's potentially applicable here. You need to know everything, the whole conversation before you could come to a conclusion. And there's good points here that Udi is making that there's also disconnection between the texts and the message that is being portrayed in the article in that there's a hard fork and this is this. Like, there's no alteration of data that's going to be starting of Bitcoin.

There's no BIP. There's no PR submitted. There's no nothing. It seems like it's just a smear campaign, a hit piece against Luke. Luke's made a lot of people upset over the years. And he continues to do that. He's got to watch himself. Okay, where do you come down on this?

Do you think that it's legit? I mean, the conspiracy, I want to say conspiracies. Hard fork? Hard fork? Yeah, hard fork, I doubt. But I do think that Luke is probably trying to build consensus around something that is not the current iteration of Bitcoin. Yeah, but it's not going to require a hard fork. Maybe it's a software.

Yeah, yeah, you're right. You're right. But a hard fork or you have a two different. And, yeah, Boomer saying the same thing. Like, this whole core versus Nass thing has to stop. It's got to stop. Let people run what they want. Everything works.

The whole point of the software is that it's interoperable, backwards compatible, all these different things. And if you run a node, then do whatever you want with that node. And just we got to stop talking about this. We have to. There's a lot of stuff going on that Bitcoiners should be like united about. And instead we're wasting our time. Like I see like mechanic and Lavera and Jude, you know, Luke Dasher, whatever. Like all these people talking.

These are people in Bitcoin. Nick Sabo coming out of retirement. Like who. So these are all people within Bitcoin. Michael, Michael Saylor making a statement. You tell the fucking rage to stop fucking doing this. Because if it's somebody in Bitcoin, they have a best interest or working on it, they're shit like that.

Now you have this third party come in and write an article that has no connection. Midland, do you realize that this is like the fourth, probably week out of the last five or six where we talked about something that the rage released? But it was on axis of easy. We were talking about that. Well, whatever. Like these guys are suddenly everywhere. I had never heard of these guys.

before two months ago had you no and if we weren't doing access of easy we probably hear them for the first time this week yeah so like like where did these guys come from who are they who are they talking to to get private messages from people in screenshot like that's a good connection to have so i'm curious like these there's a lot of things here that kind of they make me think twice about who's doing what and who's on what team And I have never been more sure that there are people working for governments, rival projects, trying to sabotage Bitcoin at the social layer and maybe now also at the technical layer as well. I think that's, I think that's probably a safer bet than it's ever been.

Do you think this is going to stop or is this going to end here? I'm sorry, it's definitely not going to end here. Right. There's too many, like the reason is because. Yeah. And like, you know, I love the passion mechanic and all these other guys. But like, you guys just need to. fucking go to the gym and fuck your wife and do whatever else and like just get your annoying

conquering urge out some other way besides you know sub tweeting at people taking screenshots people's tweets because you don't want to mention them saying you conveniently did this you seem to have forgotten about that when you're tweeting at people it's annoying and again like one of my biggest problems with bitcoin has been and will continue to be just the absolutely like hilariously low levels of testosterone with some of these people. You don't see this when you have other ways to get these conquering urges out. And to me, it's like obvious what's going on here. But that's my personal view.

Have you ever heard the theory? I saw it sort of thrown around. I don't subscribe to it. But a lot of this is just being done for monetary reasons. Tell me more. Well, putting out YouTube videos. You're talking about just getting clicks. Like really.

Right. And I don't subscribe to this theory. I believe that they actually believe in this. And they're not doing this for patting their pocketbook. Mechanic, if Mechanic puts out another hour long video, he's like he's going to start to look like fucking David Koresh. Like,

like there's no need to keep on putting out these like hour long talking to the camera. There's just no need. You mechanician? Is that what we would? Yeah. Branch branch mechanicians. But like I don't, I don't know how much longer we are we ever going to be putting up with this,

honestly. But whatever. Yeah, Guillome. see your comment there, regardless of anything, I'm on the right team. Same. If Bitcoin hard forks, what's the adoption rate going to be 0.03%, 0.01%, it'll be no one. Correct. I want to hear, like, there's people whose opinion, by the way, that I would care about

or something like this, like, you know, I'm biased, but like if Francis had a half hour video on a core versus nuts, I'd probably watch it. He's been around. He's got some technical competence, understands the economics, Bitcoin runs a Bitcoin company like yeah I would listen to him I would listen to even to a guy like Paul Stork who's you know I don't necessarily agree with drive change but I think he's a guy who's not a con man and doesn't need the money probably like he's running his own kind of whatever research and development operation like he doesn't need the cash I'd listen to him don't don't

say that because sometimes greed maybe I listen it's not it's not a bulletproof explanation i know i know thank you but it's not like you know what i'm saying there are some people i'd listen to like do you have anyone if anyone that hasn't chimed in where if they put out a half hour video you'd be like yeah we should watch that no no i you know what i like listening to all sides i attend the spaces i see you in there i see you in there i listen to because i i want to hear all sides of them and i don't agree and i said this before i don't agree with anybody in entirety like anybody in this earth i i will point out that I have a different viewpoint on something and even on this like somebody may have a viewpoint

and I will agree with it mostly but maybe not 100%. I think that I'm more in the Nott's side of things. Do you run nuts? There's no you're no. I run both. I run both of them because again you don't run core 30. You run core 29 or something. 27 or whatever 26. But you're back yeah you're going you're going backwards. Okay. And you and we should be clear like you've mentioned this to me before. and maybe you've mentioned it on the show, but you're not not running 30 because of the spam. You don't run the newest version because you want to see the kinks worked out. You go with the latest stable, tested, battle tested version. Yeah, okay.

Yeah. So there's going to be a point in time I'm going to have to make a decision. Do I run 29 or 30? So that's going to be a few years from now, a couple of years ago. Maybe you can make an hour-long video about it in your basement. You'll fit right in. No, I'm not going to because we need to play. We need the plays.

Get the plays. I'll make a thumbnail of you looking surprised, tying a nod around something, and it'll be good. I'll get my shoe. I'll tie the shoe that's as the flappy thing. But whatever you are just doesn't really matter. As long as you're running A implementation,

like it's better than not. Boomers think he won't be running version 30. Now, the long and short, by the way, before you go into this, sorry. I see P-Man in the chat asking this. I'm sure people who listen, don't dig into this. If you don't learn anything technical about knots versus core,

the problem is that there's one version of this that lets you kind of the node respecting version where you can pick what your node propagates and quote unquote prevent spam and then the other version core takes, it doesn't just not have that, it actually takes it away in version 30. So it's restricting the things you can and can't do

with your node as far as what some people will call spam transactions. And that's a bullshit move. I think so too. Taking it away is nuts. Yeah, taking it away as nuts. If they don't run it, make it non-default. And if somebody wants to default into all the more power to them,

but rather just saying you can't do it, I think that's a rather bullshit move to, if you ask me. And it's getting very close to being finished because there was another release candidate that came out today. I remember reading. So they're on the, I guess a few weeks away, maybe a month or so away from version 30 coming out. And then it's going to be off to the races.

It's going to be fun to see exactly what happened at that point. It's a lot of fireworks and shit like that. But yeah. SBF did a tweet. I don't give a shit about that. I'm not sure you do. Why did he tweet that? It wasn't a good morning.

Did it say GM? GM. Yeah, good morning. When I tweet GM in the morning, there's like 20 bots that replied GM, Joey, GM Joey with like sons and coffees and all sorts of stuff. Did he not send you one? He didn't send you one. He didn't send you one.

So it's not from him apparently. this is from it's not known if the account was hacked or not because it's the ex-bio now reads SBF's words bracket mostly and it says shared by a friend that's what it says on the ex account so it's like Thomas Sol quotes on Twitter now sending out anti-immigrant tweets

I don't remember Thomas Soul saying that so it's possible this could have been hacked maybe right is a display possibly we know somebody that had their ex account hacked this past week. We do? Yeah, I don't want to say it.

It wasn't one of the chats we were part of and we'll leave it at that. In the Lord? We'll just leave it at that. Also, that guy also got his SEC. Remember they

they're fucking they control everything with trading but they can't even do with a fucking X account. It's not this kind of potentially they got hacked. The FTT token went up 50% after he tweeted. I still can't believe people own that fucking shit. That's a legendary

move. Just close the door to this bullshit. See you later. Anyways, anything else you want to mention on this SBS bullshit? Not really. I guess I'll just note that a man tweeting from jail is not a man whose tweets you should be

listening to as a general rule. Safe to say? I think it's safe to say. Okay, here we go. now we're talking about it who's in jail whose tweets would you want to see if they were in jail o j simpson r ip he's gone he'd be he'd be a good one to follow though maybe but he's long he's now gone i don't know there may be somebody that i that would be depending on the jurisdiction right he could have been put or should she could have been put away for a crime that you don't agree with yeah i guess right and so maybe you want to listen to that person i'm not saying it's all theoretical

yeah okay so and this is one that came out and I can't believe this made fucking news is Circle those are the folks behind the USD C stable coin they are exploring the possibility of reversible transactions

shocker shocker no man Mark Goodwin vindicated again there is literally nothing that Mark Goodman has been wrong about in the last two years nothing but who would have thought that a centralized shit coin

that you can't You can't mine. You can't verify transactions. You have no fucking say in a network whatsoever. Yeah. They have the potential of reversing transactions like Ethereum did in the past. The only thing here missing is that you don't have Vitalik going out there and saying, guys, stop trading.

I mean, the actual thing also missing is a picture of a president or prime minister on the note, right? It's the same as fiat currency here. That's very, very similar. We talked about this, by the way, Len, that the deputization of these companies that they will, when you ask the next logical question is who's going to want to censor a transaction?

The answer is the government. They have always had the ability to. Not the government. I'm talking a U.S. or circle has all. Same with Tether. They have blacklisted wallet addresses in the past. There's, why?

Because it's centralized body that can control whatever they want to do and you have no say whatsoever. So I can't believe, this made news because anybody that didn't believe this really joey we've got that perverial proverbial bridge to sell them because how fucking dumb have those people been this is just an indication why why we like bitcoin you try reversing a bitcoin transaction it's not fucking happening this just does not happen within bitcoin once a transaction happens it's done for better or for worse it's done you can't piss off

anybody to say let's get this done or this has been a hack let's get this like no man that's fun this USC stuff it to me it's just it's just proving it's just centralized but nobody should have been surprised by this nobody and anybody that has really you were fucking dumbish shit anything got out to this fucking thing no i no i think you're 100% right um some of this stuff was pretty obvious you shouldn't like anything that has a centralized like that decentralized in nature as far as verification of transactions doesn't require a blockchain. And the only reason you would have it on a blockchain is for buzz. But like this stuff is just, it's so obvious to people who have been around more than a few years.

But I guess still, Len, the people who are coming in now don't see it or don't care, one of the other has to be true. Circle's IPO was like gangbusters too. So like it's. Yeah, like two extra 3X. Yeah. That's one of the few IPOs I saw that went like crazy. past one. Yeah. Yeah. So I don't know. Like, personally, I, you know, I don't have to say this. People listen to show all the time. Like, I will be staying away from these things. Digital ID. Digital ID coin basically is what you're going to get if you participate in that kind of thing. There's only Bitcoin and everything else is just bullshit. Everything else you're in the digital Panopticon. Now, this whole Semler and the ASST stuff. What a mess. What a mess. There's a new thing that came out just a little while ago.

about an hour ago from Pleditor, he says that this is very interesting. Samler had to pay the DOJ a fine for whatever it did. And the fine in which they got the money to pay for it, they got a loan against their Bitcoin from Coinbase, $20 million in cash. So they have no fucking Bitcoin essentially. They essentially loaned their Bitcoin out to get cash to pay for a fine.

And you see, The stock price for ASST, it just fucking tanked. I believe it. It was five days. I didn't look. I haven't looked at it, but. I mean, at some point. Here it is.

I'll give you the lowdown. It was on the September 11th. It was almost nine bucks. It's now $2.30 right now. That's like two and a half weeks, almost three weeks. What's the lesson there? Tell me what the lesson is. I'm curious what the lesson is.

The lesson is number one that you just don't, you don't, you don't, This is my personal view, like not financial advice, but if you're going to buy something like a company that does a Bitcoin treasury, right, then you either buy the leader or you lose. So if you want to buy something that's like, if you want to do chips in the equity market, you don't buy Intel because it's cheaper to buy a share. You buy Nvidia at any price because they're the leader. And if you want to buy Bitcoin treasury companies, you don't go buy Semler and NACA, you just buy MSTR if that's what you want. And, you know, it's not, it's not like, it's not that hard, you know, and I just think, like, people are over, they're way overthinking this. We've said this on the show before. This is akin to buying alts and trying to, you know, I'm buying alts to acquire more Bitcoin.

Like, it's the drone NPC line. Okay, well, this is what happens sometimes. You get a, you get Pletter out there. Like, by the way, is there any more focused, autistic person trying to take down these companies than Plediter? Like, why would you ever buy a company where Plediter has you in your crosshairs? Why would you ever put money in that company? Pleditor finds everything and 100% has people sending him stuff to you.

Oh, yeah. Yeah. Some of this, I would have said, like, it's not all of his doing or her or whatever. For sure. For sure. Yeah, somebody, some people, now you've mentioned. Intel, I'll have to go back to that. Do you think that it's a better buy now than something else because now U.S. government owns a state. No, no. Because now there's a vested interest

for the U.S. I'm wondering. Yeah, and so I want to just talk about this SMLR, similar, actually at a cash business. They don't now. They're like that, that medical business is being unwound and the Bitcoin is the target of the acquisition. So it's like what, what are we, what are we doing here, man, is the sort of phrase I would use. Because really, I just don't know why you're buying these companies at this point, unless you're buying SDR. They think you're going to hit a big.

They think they're going to hit the lottery ticket. That's all it is. It's, it's, what it is, you have these quote-unquote big people in the space. Yeah. I'm just using, write the air quotes here. Throw a couple names, though. Well, Planetter came up with another one just today. I've got to go pull it up.

Pull it up. Pull it up. He says this treasury company is not yet public But a Twitter group where it has been created And the entire moderation team is just a bunch of Bitcoin influencers Oh boy Assume that these are insiders who will be dumping on you Sam Callahan Callahan yeah

Stefan Levera Eric Weiss Those are the ones I can recognize But there's other ones that you would probably recognize Send me the list send it to me That's on Pletitor's feed Let's look at it together Why not? I mean we got time here people are watching and listening right now. I retweeted it. So if you go to my account,

it's like, I only retweeted two things today. And that's the easiest one. I'm so inactive when it comes to Twitter with that stuff. So that just goes, that's what's happening is people are big, I can call it, quote big people in the space. Anders too. Anders is another one. Another one that he mentioned, did you see like what Bitcoin did? That's fucking. Yeah, go ahead. I can't believe we're talking so much of a platter. Pletter. You're fucking great, by the way. I'm doing to say like how great your account is anybody who hasn't followed a pletitor P-L-E-T-T-E

whatever the fuck of it. P-L-E-L-E-D-D-D-I-T-R. He was saying that what Bitcoin did, if you go look at their their like last videos they were, it's all about treasure companies. Every single

one. Yeah. I mean, Danny's Danny's going to be like it's a shift. It's people talking about it. We're talking about it. But I can assure you, ladies gentlemen and anybody else in between, I don't fucking do this to try to show them. I'm shilling fucking Bitcoin, buy fucking Bitcoin. All this other stuff is total fucking fiat nonsense. It will just get you

wrecked in the end. And this is why I'm talking about it. But I think a lot of other people do talk about it with the point of fucking raising the valuation of that. So there's exit liquidity and they can sell their shit, dump it on you. They make bank and then you fucking get the bags, those heavy bags. you are the exit liquidity yeah you are the exit that's fucking that's bullshit man like at least with bitcoin it may go up and down in price but those are your UTXOs you got them forever as long as you don't lose the keys nobody could take that you could take that from jurisdiction jurisdiction ask nobody to fucking to move that stuff that's beautiful that's fucking bitcoin that's why i tell

people to buy nothing else yeah agreed i mean i still i still think that um there's more pain to come in these treasury companies i don't i don't really care There is. Like, these guys all pump the trip. Like, say what you want about Sailor, but that guy has a fortress underneath them. And these other guys just do not. They do not. And I don't think the average investor realizes that.

The average investor certainly does not realize there's pump and dump groups waiting to sell their shares. Didn't you tell me last week that, or two weeks ago, that there's a group of these individuals. And they're saying the best strategy is for one. company to buy shares in another. That's one of the guys in the MSTR. I don't even know what they call it. It might be called MSTR ADIQ. Oh, no, it's like MSTR Bulls or something like that on Twitter.

It's the biggest group. I can't remember the name of the group. But yeah, there's the suggestion is we should have these companies just buy shares in each other. That's bullshit. I might be ended the end of the scam. I would love to know what's the rationale for this, why this is a good move. I would love to know that. Like, it's obviously not. It's obviously. Correct. Yeah.

And by the way, MSTR doesn't have to do that. These other companies would be lucky if someone went about that. I said this to Mark in a voice note the other day, too. Like, if you, even if you are a big treasury company bull, okay, what happens when MSTR gets into the S&P? Because they will. And at the very least, they're going to get in before any of these other companies do. So what happens then? The company that you think is going to match MSTR. and be the next MSTR or the MSTR for this region or, you know, it's the podcaster's MSTR, it's podconf approved MST, whatever, right? As soon as microchranogy gets onto the S&P, all these other companies are going to die.

Because the passive flows going into the S&P buying MSTR stock are going to give them the opportunity to really set outstanding terms on stuff like their prefs compared to these other companies. And you can't come back from that. There's already, I think, a slow but steady awakening about, like I said, the MSTR Capital Fortress. And once you have these guys on the S&P, like the risks, whatever risks there are are significantly reduced once you add passive flows to the equation. And I just, I don't understand what the end game is if you're not, if you're buying these companies, but not buying MSTR, you're an idiot. You're an idiot.

That's all there is to it. I mean, my co-host on the other side of the screen would say you're an idiot, no matter what, if you're buying any of these companies, no matter which one you're buying, you're an idiot. There's enough evidence to produce. Len called me an idiot under his breath the other day. He thinks I didn't hear him. I heard him. We talked about it. Right.

It's not like we didn't see that story of the lady that lost her parents. Yeah. Because that's what locked up in RSP and shit like that. And you know what? $600,000 of inheritance gone for taxation. Hey man You play in the Fiat games You're going to win Fiat prizes

So enjoy And that's what I say If you're going to do it Like enjoy Enjoy whatever is the result of all that Enjoy the pizza on sailors yacht Because you never know Who's going to be on that yacht next year

Also do these people not realize That their whole career is based on their like ability Like Callahan and Brunel Are married I think I'm pretty sure that's you got married a couple years ago And it's like You guys are only popular because you're like And if you remove that likeability, you're going to find that no matter what you make on Bitcoin treasury companies, like, you're, you're going to have a worse time. And like your reputation, the older I get, the more I realize that your reputation is maybe the most important thing you have. So I personally, and I mean, me and you live by this, I'm not sacrificed my reputation for anything, no matter what, no matter what.

Talk about brains. Sure. And those are the people behind brains, pool, stratum, V2. and more. They just rolled out a new piece of hardware. I love it. I want one of these things so bad. It looks nice. It's called Brains Deck. Two words brains deck.

Brains is B-R-A-I-I-N-S. Two eyes and that. People were wondering. It's a new piece of hardware that has integration with also the brains pool right out of the box. It lets you monitor the hash rate, rewards, tracks the price of Bitcoin,

in real time accesses other micro insights including stocks and more so it's kind of like a block clock but a little bit more and let's be honest it looks pretty slick the brains deck and so does a block clock i'm not going to shit on that because i have one and i like it it does exactly what i needed to do but for people who want to just track your hash rate um on brains this is probably a good thing because you know you're getting that you can do custom sound alerts change it when difficulty changes mempled block height. A lot of more there's more than you could do then just with the call, sorry, with the

block clock. Right now, it's an early bird price of $199 USD. If you want to check it out, check it out on Brains.com. Remember brains is with two I, two eyes. And if you use this, it's not my code, it's on their website, so I'm getting nothing from this. You get 5% off.

The code is O.G. minor, one word. You get 5% off using OG minor. It's not my code, not ours. It's just Simply there. Now, comparing the price, $1.99 for this. The block clock mini, which both of us have, is $3.99 as of yesterday. And the block clock micro is $1.89. So it's comparable to that in price. The micro is small. I'm not sure how big the brain's deck is. And if it's as small as the micro, then it's just, you know, pick your poison or pick which one you like. But if it's as big as the block clock mini, well, maybe the brain's deck is the better buy. It's because it's about half. the price. Actually, even less than have the price with that 5% off. I like it. It looks pretty cool. Have you seen the size of it? I want to do a comparison. I'm looking at the website there. There's like a side table that looks to be, I don't know, someone between like 10 and 14 inches in

diameter and it takes up probably two thirds of it. So I don't think it's that small. I bet you it's a little bit shorter than the block clock. I have a picture of it with a hand. And you know what? It looks like it's a little bit smaller than the, if I could just probably a little bit smaller than the block clock that we have, but bigger than the micro. Yeah. It's closer to the block clock that we have,

but not quite as big. Yeah. The one thing I'll say about the block clock, this thing definitely will not have is the fit and finish. The block clock has elite industrial design fit and finish. Elite, you will not find a better unit than that anywhere in the space.

Certainly not for $1.99. I'll play that for sure. The one thing I don't like about the block clock, actually the only thing I don't like about the block clock is if there's ever a power failure or something along those lines the only way for you to get it back online you got to turn it off and turn it back on and for me it's just disconnecting the power other than that it just doesn't automatically check it out and try to reconnect for you you got to physically you know disconnected other than that the thing is seamless I don't have to do anything to it it don't have to update it it just fucking works I do like the block clock it is the fit and finish. You're right. It's solid. Other than that, that's the only fucking gripe I have about it. And so how often does my power go out? It's very frequent. Oh, for sure. Yeah, it's super rare. If that all, right. Yeah, check this out. Like, if you do want something like to, to like, monitor Bitcoin price and you want

a talking point, you don't want to show the money that you will for to block clock. Definitely check out the brain stack. It looks pretty damn cool. And this is the early bird price. It's going to go up in value once I guess released to the wild. Like, but, so, you know, check it out. Fuck, maybe we could get somebody from brains to come on and just showcase it to us. Yeah, maybe. We've had somebody on the show come on not too long. We definitely did.

We definitely did. We had at least one or two people over the years. If you're a check guy. I forget his name. Pavel, fuck, that anyways. No. All right, let's talk about the SEC, their chair, Aikins, trying to get this innovative exemption to fast-track crypto product.

We're getting rid of the laws, baby. We're going wild west out there. Interesting. Very interesting. And they wanted to get this in place by December 2025. And what is the exemption? Joy, kind of referenced it. It's going to be temporary relief from existing security rules while the SEC develops

tailored crypto regulations. So they said they're going to be looking with how to deal with crypto and use it within the walled gardens of the SEC. and they want to enable companies some flexibility when launching products. More Bitcoin lending maybe as a result of all this? Probably, probably not. I know that they did launch the project crypto back in July to help modernize the security regulations around digital assets.

I love this stuff. It's all just buzzwords. We're just waiting for on-chain and defy to get thrown around just to maybe some Web3 toss that in there. But really, if you look at it, they say that this project crypto, So they want to make it so there's exemptions for activities like ICOs, air drops, network rewards. All the stuff that was illegal like a year ago. It's now going to be no roadblocks, just going on us.

We looked at the previous dude was there, didn't launch or didn't approve the ETF for a very long time. Well after other countries have it like Canada, he was very conservative with his approach with respect to Bitcoin and digital assets. it's here fuck balls to the wall man just anything goes you know whatever if they want to do it a little more power too that I don't agree with it but if they want to give people an opportunity

to get wrecked in their process fuck it let them get wrecked yeah I do think that's I would suggest but if you don't same that's the right approach I do think that people should have to learn the hard way but there's going to be a lot of people learning the hard way if this

because Because the sort of tide around this is rising, everyone is going to want to get into this stuff over the next little while, especially as this UK story continues to gain traction. I think a lot of people are going to realize, like, oh, shit, I can't be in, I can't be in fiat currencies. I have to be in X, Y, Z token. So what's the best one to buy? Well, it's the one that's just about to launch in this telegram group or this pump and dot. Like, there's going to be people losing their shirts left, right and center. So I don't know. The question I guess I have now is what is the role for the SEC, if not. something like this like then what are they doing rubber stamping basically right you come with an idea approved yeah exactly it's like uh dr nick you know giving prescriptions it's it's crazy that this is that this is going to be the standard now but i i honestly don't know like i said if they're not doing this then what are they doing i haven't only knows because it's it seems to me like you're losing grip on what was a a part of the crypto culture that was rampant with fraud and it hasn't slowed down.

If anything, it's speeding up and becoming more prevalent and this is the time you're going to take a complete back seat. I don't know, man. I don't know. But at least you could get wrecked. Don't be a lot. It's good content for us.

There's going to be a news story every week about someone losing their house or whatever on, you know, poop coin. Whatever, uh, whatever's out there. What is it? You know what I wondered? Like, what is the responsibility of something like a company like Discord now? the SEC saying this stuff is allowed but is Discord have any liability

for these groups, the pump-and-dump groups, does Twitter have liability for the group DMs or people are about to rip people off? I don't know. Why should they? I'm not sure. We work hand-in-hand now. I guess, yeah. I personally hope they approve some, like, credible longs, like 100x

or 1,000x, just something that you could just put on YouTube or Twitter or something and monetize the fuck out of that and watch somebody just get absolutely wrecked when the price of Bitcoin was down five bucks. Yeah. That's what I want to see.

Boomduss is asking, we'll be talking about your buddy Luke. Luke. No, I mean, his channels were all banned for a short time. I don't wish bad on anybody. Like, the guy did just get married and apparently as a kid on the way, you know, I wish him the best in that regard. I don't think anybody should have to worry about

putting food on the table. But, I mean, to pretend you don't see a pattern emerging with the bands. It's a matter of time before we got it. but we're not going to we're not going to because we don't yeah we don't sell false advertising right like i i do think also that there's some level of bot buying involved if i had to guess um i don't know to exactly what extent but again i i'll talk about this before i'll just mention it quickly youtube doesn't have much of an incentive to ban channels like that even if they are buying bots because views count and youtube as we've discussed other places uh access of easy for

example, YouTube is thinking out a lot more about how can we boost our income here because ads on the search bar or search results are no longer viable. So, you know, there's a lot to be said about YouTube and the current state of YouTube and what's rewarded by the algorithm, but I'm not the guy to ask about it. We don't get any views on YouTube. Basically, I would guess 95, 97% of our plays come from audio. And, you know, we put out shorts that I make with AI and sometimes they a little sloppy though not the most sloppy you know we might get 150 200 000 shorts views sometimes more in a month but you know at the point for us on the shorts is like can we convert those into long form views it's difficult um because we're not making click bait material

if you tune into CBP you really get the best experience if you watch the full hour and a half whereas these other channels put out just garbage every day where a guy is pretending to be surprised and then he reads an article while you look at the article on the screen like that's not good content, but it does grab low IQ listeners and viewers, which our show does not. This question from Torup, I don't understand it. Is there a Bitcoin Drumco yet to advertise the drum circle? I think that might be Boat Truth and Reconciliation Day.

I'm not sure. Okay. Is that, that might be just my own sick mind. Maybe that was a, off-clock. Let's go on to the other side of the store here, because we're, or the show, because we are an hour in. Yeah, we're at that mark. We got to that.

So, yeah, if you're on video, stay with us, if you're live. If you're on Twitter, too, I mean, I can see there's always a couple hundred people watching, which I appreciate. Stay with us. And if you're on audio, come back on Wednesday for the rest. Don't be a bot.