The Wolf Of All Streets - Bitcoin Gets A Massive Boost: Here Is What To Expect From Crypto In 2025

Episode Date: December 3, 2024

My friends from Arch Public, Andrew Parish, and Tillman Holloway, are joining in the second part of the stream to provide an update on the $10K algorithmic portfolio.  Unleash algorithmic trading with Arch Public: https://archpublic.com/  Andrew Parish: https://twitter.com/AP_Abacus  Tillman Holloway: https://twitter.com/texasol61  ►► I HAVE A QUESTION FOR YOU!  👉https://roundtable.rtb.io/shortUrl/Z8XUFuL ►► JOIN THE FREE WOLF DEN NEWSLETTER, DELIVERED EVERY WEEKDAY! 👉https://thewolfden.substack.com/   ►► Arch Public Unleash algorithmic trading. Discover how algorithms used by hedge-funds are now accessible to traders looking for unparalleled insights and opportunities!  👉https://archpublic.com/  ►►TRADING ALPHA READY TO TRADE LIKE THE PROS? THE BEST TRADERS IN CRYPTO ARE RELYING ON THESE INDICATORS TO MAKE TRADES. Use code '10OFF' for a 10% discount. 👉https://tradingalpha.io/?via=scottmelker  Follow Scott Melker: Twitter: https://x.com/scottmelker Web: https://www.thewolfofallstreets.com/ Spotify: https://spoti.fi/30N5FDe   Apple podcast: https://apple.co/3FASB2c   #Bitcoin #Crypto #2025 The views and opinions expressed here are solely my own and should in no way be interpreted as financial advice. This video was created for entertainment. Every investment and trading move involves risk. You should conduct your own research when making a decision. I am not a financial advisor. Nothing contained in this video constitutes or shall be construed as an offering of financial instruments or as investment advice or recommendations of an investment strategy or whether or not to "Buy," "Sell," or "Hold" an investment.

Bitcoin gets a massive boost in many forms, actually, in the form of Michael Saylor having FOMO and continuing to buy billions and billions and billions of Bitcoin, it seems, on an almost weekly basis. And of course, Apple integrating Apple Pay and crypto with Coinbase. Really, really cool stuff. More adoption inevitably coming and seemingly coming on a daily basis. I've got Andrew Parrish Tillman Holloway here to discuss it. All the boys from Arch Public. Let's go. lighting and internet which is at like 3 megabyte upload or whatever it is. So if I disappear I'm hoping that these two lovely gentlemen with much better beards than my own

will just continue talking and pretend that it never happened. You guys can do that for me? Absolutely. Well we did miss last week because of bad hotel internet. Well I'm going to gift you the mini Starlink because it will change your life and it will allow you to have internet anywhere you go. So there you go.

It'll be in the mail. Okay. I'm going to send you my address right now. I'm holding you guys. I'll hurt it. You heard it here first. Listen, I live on the top of a mountain and I haven't had internet. It was a struggle for me for the longest time.

And Elon Musk, everybody kind of knows him for Tesla. I know him for Starlink. He has changed the game as it relates to remote work, working and trading specifically because the internet is unbelievable. And you can literally drive it out to the middle of the desert, set it up in five minutes and you're on high speed wi-fi i know this is not our topic but i went to a plane show recently with a friend of mine who's uh much wealthier than myself and is buying planes and we went to the starlink booth and it cost 350 000 just to put starlink on top of your private jet than 10 000 a month and apparently that's cheap like versus you know gogo and bongo or whatever the other ones are it's great absolutely insane i had no idea it was that expensive but anyways

let's talk about the bitcoin specifically andrew you got this tweet here update morgan stanley blackrock and bny global discuss bitcoin lending products yield associated with both spot and etf bitcoin demand from institutional clients is robust. IBASE success in BlackRock's driving yield product and expect an early Q2 2025 rollout. So it seems like we're still just getting started here. Things are just starting to roll out. We still haven't seen the wide adoption. Yeah, traditional finance doesn't do anything small. And so when they adopt a product, there's going to be an ecosystem that ends up growing

around it. And that ecosystem, especially associated with banks, you know, lending and yield is their primary product. So when you're talking about, you know, Bank of New York Mellon, you know, they are the biggest custodian on the planet. In fact, they just signed a deal with the United States Treasury to help them manage their treasury positions to the tune of trillions of dollars. So Bank of New York Mellon was announced as the only TradFi custodian associated with Spot, Bitcoin, and Ethereum a couple of months ago ago so that was approved by the sec outside of the fact that they weren't approving anybody else was a interesting you know quote unquote scandal at the time um but scandal or not they are approved to be able to do that so morgan stanley

also approved ibit and fidelity's uh spot bitcoin ets about six months ago for the totality of their platform. So what have we seen in that time period? We've seen the growth of the spot Bitcoin ETFs just absolutely mushroom cloud. I don't know what the total AUM now, but I know it was above 90 billion a couple of weeks ago. So I believe it's over 100. And I saw here, I had the story here, but I'll find it. But BlackRock alone are now custodying 500,000 Bitcoin. Yeah, yeah. It's the growth and pace and speed of this

has been beyond even what these, an organization like BlackRock expected. So with that comes new opportunities, and those new opportunities are going to be yield associated with these products. So the discussions have been, how do we capitalize on demand for a product like this? Because if there's demand just for the base layer product, there's going to be demand for other layers of product. And Scott, you remember when we had a conversation with Jeff Park at Bitwise, he talked about exotic derivatives that he was a part of at Morgan Stanley, by the way,

in that department and how they would create yield products associated with two different positions, right? Positions to the long side and positions to the short side, and there'd be a 12 to 14% yield inside there. Those types of positions associated with reduced custody risk in the traditional financial world is coming to Bitcoin. No question is coming to Bitcoin. In fact, I've held off on posting this for about two weeks so I could feel really good about it. The point is, is that, you know, Jeff was foreshadowing the reality that that's on its way that in the ultra high net worth space, the institutional space, people are going to have an opportunity to have those yield products created and then feel good about custody associated with bank of new york melon and what they represent in that space you know there's always been an adam back commented this you know underneath um the post is that for a long time, yield associated with Bitcoin was that the biggest concern associated had to do with, you know, counterparty risk. Well, the truth of the matter is, is that at least from

the eyes of most people in traditional finance, when you have Bank of New York, Mellon and Black Rock and Morgan Stanley as a quote unquote issuer, that counterparty risk is significantly muted. It's just significantly muted. So, um, interesting that that's where we are interesting that that's where we're headed and interesting that in 2025, um, the scale and size of Bitcoin as a product, as an asset class unto itself, is going to just get bigger and bigger and bigger. I got to ask you, Tillman, why are we talking about Bitcoin in 2025 now when we should be talking about the new standard and paradigm, which is XRP's institutional adoption becoming the world's global reserve asset by next week. Well, I heard the IMF's already using it. Listen, Andrew, the first thing he said,

if you didn't hear anything else was the most important, which is it just takes these guys a long time to do anything. And we've, we've looked for this moment for so long. Everybody's waiting on bated breath, like when's it going to be? Well, the adoption is taking place, but it's like watching a plant grow. It's not perceivable moment by moment, but if you go out day by day, you see the difference, right? And so if you look at like Bitcoin as a base layer,

it has to produce yield. And if you look at the ETFs and what they've proven to the TradFi community, which is we can produce products that aren't Bitcoin, that people will buy to get exposure to Bitcoin. That's the base case, right? And so owning an ETF is the closest thing that you can have that's not complicated, that doesn't require a cold storage wallet, that doesn't have all the complexity to Bitcoin. So it's, quote, better for the consumer because there's less risk. And at the same time, you know, we've proven that those folks at the top, BlackRock, for example, can be a hell of assets to the community. I mean, they've pushed this thing harder than anyone else has ever pushed it and made more moves and made more ground up than anyone else that I've ever seen in the Bitcoin community.

So why wouldn't we let them continue to captain the ship? And if you look at like globally, there's going to be an attack on self-custody. Why? Well, because there's an attack on cash and self-custody looks too much like cash. It's peer to peer, right? It's, there's lots of nefarious things that go on with cash. There's lots of, you know, it's, it's, it's something that they want to control. And so if you look at how they're going to control it, they're going to control it with taxing and they're going to control it with incentives. And if you look at France came out yesterday, I don't know what it's called, but it's essentially an idle asset tax.

If you own something, Bitcoin, and you're self-custodying it, you get taxed at a different rate. You get taxed just to hold it. Whereas if you deposit it into one of the approved banks, they'll actually pay you for the deposit. Now think about that. That's creating incredible friction on both sides. It's enticing people to deposits to get rid of their cold storage. And it's hurting the people that choose not to do that or taxing them at an unequal rate. And so that kind of pressure, if globally that comes upon

Bitcoin, you're going to see the vacuum cleaner go from low to high. And what I mean by the vacuum cleaner is, is like, I think every trad fi institution that exists right now has one goal in mind. And it's the same goal Michael Saylor has, accumulate the Bitcoin needed to become a Bitcoin bank. And that's where the Holy grail lies right now. That's where the end of the rainbow lies. And if you accumulate enough cold storage Bitcoin as a financial institution that then gets the approval to do that, you will be able to have an advantage in producing yield and giving yield out and enticing deposits, unlike any other bank that exists. Like that's where I truly believe everybody's kind of scrambling to get to. They bought 15,400 more Bitcoin for $1.5 at 95,976 per coin. He just had a couple billion,

what was it? 4 billion buy at around yeah eight thousand just last week okay so this guy is a beast obviously but it seems like he could have been doing this at slightly lower prices now his buy by far his largest buys over and over again are now you know here just sub one hundred thousand dollars i guess maybe he needed MicroStrategy stock to go as high as it did. And the timing to be able to raise that much money in convertible debt notes to do this was now. But damn, he has stepped it up massively

at double the price or triple the price of what he was buying at before in much smaller clips. Well, Scott, I saw an interview that he did that he he explained why he's doing it and it's because he's playing arbitrage on the debt so he makes he he guarantees himself by buying the bitcoin right now let's say three million in profit through the arbitrage play of the the debt conversions guaranteed money like if in worst case scenario you make you know three million dollars effectively irrelevant to him that's right well in the but if he's right if the price goes up he makes 30 million so he has this no lose situation where he makes

very good money compared to any other market in the traditional space if everything goes to crap but if everything goes the way he thinks he's like he's he's found a glitch in the matrix literally that's uh and so i believe the term you're looking for is infinite money glitch which i think might be the most terrifying three words in uh crypto twitter right now but yeah well continues as long as people keep buying the debt. And if people don't buy the debt, then the glitch stops and everything. We find out how much support he is to the buying price. He's also someone said, Andrew, before you jump in, somebody said something really interesting to me.

He was obviously talking about Microsoft purchasing. He did his three minute pitch like we all know they gave him his three minutes. But it would actually probably be more interesting if microsoft bought the microstrategy convertible note very much so very much so yeah but listen i'm telling you right now i don't know when it will happen but if michael continues to do what he's doing he will have the inevitable hunt brother knock on the door like if if we're taking bitcoin on as kind of our sovereign you know a sovereign asset let's say where we're buying it on our our federal balance sheet and at the same time we've got our entire financial ins uh system built around derivative

products and etfs and all that you know if we've built all of that, we're not going to just risk it to, you know, somebody's company that has to sell because of X, Y, it becomes an issue of national security at that point. And I think everyone who holds the type of Bitcoin stacks that he holds will be forced to participate in the system. I really believe that. And the system will be, you get a tremendous benefit for letting us bank your Bitcoin. Congratulations. You've made it to the big ones.

I mean, that kind of point is that he's front-running all of his potential colleague. That's what he's doing from a Fortune 500 standpoint. Like at some point, everybody... I can also tell you, he knows what's coming.

Like he's in every single meeting with every single country, with every single company, he knows what's coming. So like you should pay attention. If he's shamelessly buying billions at a time at these prices, he knows more than you do. Yeah, and so that's my point here is that he's front running all of that, right? He's front running all of that. And at minimum, I think everybody on this call expects Bitcoin at some point to trade at 150K plus, probably not in the not too distant future. inside of his flywheel to acquire Bitcoin. It's a huge, huge win on every level.

So yeah, he's in every conversation. And oh, by the way, the people that are lending him the money and allowing him to do this are part of every conversation. And oh, by the way, they're also party to the conversations that I talked about, about creating product associated with Bitcoin. So he's in front of all of that. And it's funny to me that, you know, on Twitter, he now has a couple of pretty high-profile trolls, by the way. Jason Calacanis continues to troll his purchases. And that guy looks like a tool, frankly, doing it. I mean, he looks like a tool without... Without doing it. Yeah, that's correct. But, you know, it's as if they haven't done the back end

work of the history of what Michael Saylor has done for years and years and years now. This is a new phenomenon. He's been doing this at some level of scale for a long time the other thing about Michael Saylor is he's been in you know the the corporate space associated with debt issuance and the like for 30 years at this point right so it's not as if this is a new new game for him because it's getting additional eyeballs he's been doing it for a long long long, long time. So, yeah. Here's the thing. He's proven, as reckless as you think he is, that even being that reckless, Bitcoin's that good. Think about that.

Most people who take these types, I remember, I think it was Bitcoin 2022, maybe 2021. I can't remember, but I remember everybody talking about 17,000. Michael Saylor goes bust. That was the whole news of the conference. Everybody was whispering like, oh God, you know, we're coming to 19,000 and two more thousand and the whole, you know, party's over basically. So when you think about a mic, a Microsoft, if you think about all the big corporations that we, that we call part of America, like literally the way we wield our power in the world is not as much by military might as is by innovation and brands and you know, all of the things that we produce essentially from an idea perspective. And if you talk about the amount of money that we possess in America or control through

American corporations, you're just talking about literally, you're talking about the cabal that controls everything. Like you're talking about every dollar that means anything all in that one group. Well, what he's done is he's paved a way for them. He's shown them, I can be as reckless as I want to be. You guys can be a tenth of what I've done, and it will still make you have a competitive advantage to your peers, unlike anything else you've ever touched. It's exactly right. I mean, he's showing that the playbook before he started raising debt to become a Bitcoin bank down the road was just simply adding Bitcoin to your balance sheet. And everybody saw how effective that was. There's

never going to be another Michael Saylor. There can't be. I mean, we've seen obviously Marathon has raised six or 700 million to buy more Bitcoin. So people will, you know, adopt small parts of that playbook. But what they should adopt is the exactly what Tesla did, just buy some and put it on the balance sheet, but squared it, you know, I mean, and that's what that's going to be the playbook we're going to see for the others. I don't think anybody's going to go all in in the way that he has or that they can. They become then the customers to Michael Saylor and to the banks that they're going to get romanced into depositing their Bitcoin with them. Like, hey, corporation XYZ, we've got this great bank and we're going to give you this yield. And by

the way, if you need to borrow against your Bitcoin, we're going to do it at this rate. And all those things will be a part of creating the concentrated masses that we expect to control, essentially, the markets. And BlackRock's at the center of that, obviously. But Mellon and all these other ones, they've been around for a while. I think if they get in the game, they're going to have a pretty good seat at the table, if I had to guess. Yeah, so there's been commentary too over the

last 24 hours uh from some pretty you know high-minded folks you know jeremy siegel who's a world-renowned economist on cnbc you know did an interview and said you know there really is no you know real competitor to to the dollar except bitcoin at this point. To have somebody that's 80 plus years old and again, a world- That's my professor. Yeah, right. So an economist that is part of the club, right? So he's part of the in the know,

accepted part of the club. To say something like that is pretty significant, right? It's pretty significant. So that is a foreshadowing of 2025. And again, the integration of Bitcoin as an asset class into the traditional financial global lexicon of accepted, exchangeable assets. Let's break that down though, Andrew, because there's some really meaningful nuggets of truth that you just said. Should I put on my tinfoil hat right now?

Are you going to go in that direction? No, I'm not going to go in that direction. I've got a Starbucks cap. I'm going to say something that's very logical and it's taught in every economics college in the country. If you're talking about global adoption and you're talking about, quote, a threat to the dollar, that only exists if you don't control the derivatives market attached to Bitcoin, which I don't see them allowing. They're setting the system up for that. There was an interview done by a guy

that was talking about doing mortgage-backed securities with Bitcoin being a part of forcing a buyer. If I want a loan from a bank, part of the package is they force 10% additional premium of the loan into the loan package, and it goes towards Bitcoin purchase. And it becomes this indelible backstop to the loan package in terms of default risk. And if you look at that, and you look at the ETFs, and you look at the options, and you look at all those things, right? The amount of dollars slushing around in the derivatives pool of Bitcoin five years from now will be a multiplier of the spot price or the quote or Bitcoin market cap.

And to me, someone who says that the dollar is in threat, I think that's a great headline, but I don't think it's real. And I'm going to tell you why, because that's no different than saying that gold or silver makes the dollar. There's a finite supply of it, but guess what controls the price of gold and silver? The futures markets. It's not the spot market you know the future that's what is what's driving it so we have the people at the helm with the right levers and mechanisms they're adding new ones every day to control really the the inflation price of bitcoin why is that important well the only way that the bitcoin bitcoin the a threat to the dollar is if Bitcoin reveals the true inflation rate of the dollar. Right. That's what people don't like about commodities or because they reveal the true

inflation rate of the dollar. If I've got gold going up to one hundred and fifty thousand dollars an ounce, what does that mean? It means that the dollar has less purchasing power, a lot less. And so if markets control, you know, the essentially the subsidy markets, then it controls the price. And I believe we're in a state now where Bitcoin price will be controlled. It will be under price control from this day going forward. Why? Too much risk if you don't. If you don't control it and you build this huge economy off of it well you know it depends on your benefits from it larry finn might want the price a little bit higher yeah yeah so so so that's really the point is that that the you know mentioning bitcoin as as being a a you know a potential dollar threat that's just laying the

ground for the dollarization of quote unquote Bitcoin, which we're seeing every now and then. Spot Bitcoin ETFs, even though we like to use that word spot Bitcoin ETFs, the truth of the matter is, is inside the machine that are the Bitcoin ETFs is, yeah, you own spot Bitcoin when your money is sitting in there. But the minute that you want to make a move out of there, you don't own any more Bitcoin. It goes directly to cash and it's cash create. Right. So the dollarization of Bitcoin, whether we like it or not, I don't think anybody on this, you know, particular stream is a cypherpunk of any kind, unless we're talking about XRP and Tillman Holloway. That's a different story for a different day.

He's the biggest X I've ever met. But the point being is that a guy like Jeremy Siegel, who, again, is not a young person and has spent a lot of time on shows and giving talks and all of those things associated with the economy and been right a lot to say something like that for him to be talking about Bitcoin in a comfortable way is a wild difference from 48 months ago, let's call it. So again, that's the truth of the matter of Bitcoin being part of the traditional financial markets and the coming product that will be rolled out and rolled out and rolled out and rolled out. Here's another point. I'm not saying when I say price control, I'm not saying that. You're not saying it's going to stay at this price. You're saying. Yeah, I'm saying that the volatility delta will shrink. I'm saying that the swings will get tighter and tighter and tighter and tighter over time. And before you know it, even Michael Saylor said this.

Eventually, what will Bitcoin be? Be the S&P plus 12 percent. That's what that's his words, not mine. So, you know, eventually we'll have so much massive money within the quote Bitcoin ecosystem that a price in spot won't have the power that it does now is the point. Because all the other things, it may be benefiting and creating liquidity in that drop. And then people are buying into that spot. There's just a lot, you know, if you create the wheel of money, it's like a river that goes in a circle. It never stops and the liquid flows and everybody makes a lot of it and the

fish live and all that good stuff. It goes to though though, 2025. You know, another guy, Thomas Lee, who I respect the heck out of, you know, thinks we're above 100 by the end of the year and then has other predictions throughout 2025. And again, that guy lives in traditional financial hallways. It's his company. People pay a huge amount of dollars for their research across Wall Street. So, you know, he again hears the conversations as well. So he knows that adoption, you know, an adoption based on right now is just holding Bitcoin and purchasing Bitcoin at those highest levels will continue to be driven by the likes of, you know, BlackRock, BNY Mellon, Morgan Stanley, and others.

And so we're, again, as Bitcoiners who have been doing this for a long time, we feel like we've been on this long road and we're at the top of the mountain. We're nowhere close. We've been walking through the jungle and we just reached the bottom of the mountain and we're looking up at it in terms of where we're headed. I've said this for a long time and I still believe it to be true. The first 15 years of Bitcoin were subterranean growth. It was just root system and very, very little visibility above surface, very little value above surface. But what happens over time now we're seeing this, this plant that's growing above ground. And we've seen fruit come off of the

plant. And we're going, Oh, crap, how much fruit can this plant yield? How big can it get? You know, how much time is it going to take to get that big? And the ETFs, the equivalent analogy is, is like in the, it blew all of our expectations out of the water. We've got a producing tree that is yielding fruit for us every morning. And it's doing it better than any of the other trees in the orchard. Like we're comparing it going, uh, how this one doing? Holy crap. This one's way better. So, you know, I think that everyone now in the TradFi space is able to see Bitcoin. I don't think they even saw it 15 years ago or 10 years ago or five years ago. And I think that that's to Andrew's point, you know, we're gaining, we're gaining

wallets at an incredible rate. And the wallets that we're gaining are not small buyers, they're institutions, they're governments, they're big, big players. Yeah, we're gaining are not small buyers. They're institutions. They're governments. They're big, big players. Yeah, we're moments away. Speaking of wallets. Okay, go ahead. I was going to do a wallet segue where we talked about Coinbase and Apple Pay. It was going to be really smooth, and then you jumped in. Go ahead.

We are moments away from the Bitcoin ETF surpassing Satoshi's wallet of total Bitcoin. Yeah. If we haven't already. Yeah. And that's in less than one year. Less than one year. Because those were launched on January 11th of this year. So, yeah, get back to your somewhat boring Coinbase.

I just wanted to mention the news before we move on because in my mind I was wanted to mention the news before we move on, because I was in my mind, I was going to talk about integrations and Coinbase plugs Apple pay into its fiat on-ramp for third-party crypto apps. I don't think we need to discuss it. I think it's just obviously big news that Apple pay will be now usable to buy crypto effectively on Coinbase. And then I was going to segue into much cooler integrations,

which is obviously Archpublic and Gemini. Oh yeah. Way, way, way cooler. So yeah, our work with Gemini has been extraordinary. They're extraordinary partners. We spent some time with them face to face a couple of weeks ago.

And the work that we're doing on our Bitcoin algorithm with those folks is really something. You know, we're, you know, over the next, let's call it 30 days, instead of just buying Bitcoin in an intelligent way, you're going to be able to acquire Bitcoin, you're going to be able to trade Bitcoin, you're going to be able to arbitrage Bitcoin. What does that mean? What that means is everything that an institutional player like BlackRock or any hedge fund on the planet, they don't just, generally speaking, buy an asset and hope for it to go up. That is not their game. Their game is, they take a multiplicity of positions and they generate return based on those positions. And so we've created an institutional level tool that people are going to have access to and currently have access to,

where you can literally dial in down to every minute by minute as it relates to the movements of Bitcoin. And what do you want to do with Bitcoin? Do you just want to acquire it in an intelligent way and build a huge stack? Do you want to trade it so there are times where you're acquiring and then there's times where you're lightening your position? Or do you want to allow yourself to arbitrage the movements of Bitcoin based on percentage changes in the price as we're seeing even this morning? Well, imagine a tool where you don't have to watch the market all the time. Like how many times do you wake up in the morning and you're surprised by the Bitcoin price?

You know, those opportunities happen all the time. And unless you want to be a slave to your phone and a slave to your computer, they become almost impossible to keep up with. And I would argue impossible to keep up with. And I would argue impossible to keep up with for the first, you know, five years of my crypto learning curve, it was like sleepless nights every night watching the charts and watching the prices. And, you know, and you can't do it well because even then you're working on one layer. So what does software allow you to do?

It allows you to create instances and layer strategies. Like what if you have a strategy and you want to create an instance where you save $300 a month out of your paycheck? Well, you create that and it's buying every month at $300 in the background and you just set it and forget it. Well, let's say you sell your car and you want to put half of the proceeds into Bitcoin. Well, you can delegate to the software. I have this much money. I want to buy in at this rate. I want to buy in at this price. I want to buy in only when it dips by this much. It gives you this infinite number of parameters that are very simple to use, but are incredibly powerful. So now you have these layers where all of this activity is happening only based upon the parameters you

chose and the math that executes those parameters, but you can create as many as you want. And so you can live your life with this incredible management tool that's entering and exiting positions based upon what you've told it to do. And you're not having to not only keep track of one layer, you're allowed to let, you know, have 30 layers and have all of that running in the background without even thinking about it. It's, it's, it's unlike anything that anybody's built before and seeing it is believing it. Everybody could say, Oh, dollar cost averaging. I could do that myself. Great. Do it yourself and use the, take advantage of the fact that we're giving away the software for three months to try it.

And you tell me at the end of those three months if you can do what the software does. And if you can, great. You don't have to pay for it. You got three months. We should literally do that just for proof. You guys, we started this with a 10,000 portfolio trading. Obviously, the algorithm stocks. That's at 14,747% in seven months,

something like that. But we should just do that. We should do a cost comparison very easily so that people can stop pitching in the comments. Let's take 10 grand, you buy whatever it is, 1,000 every week on Monday at 9am versus giving the money to the algorithm and see what's better in a month, or three months. We've been talking about Michael Saylor and acting like him buying. I agree with you, Scott. And I'm going to point out, it will be a very powerful object lesson, and I'm excited to demonstrate it. And I'm going to tell you, it's actually being demonstrated by Michael Saylor in front of our eyes, but the software is going to prove it at a retail level. Because dollar cost averaging and buying incrementally, regardless of where the price is, if you continue

in that discipline, there is no mathematical curve that you can acquire over the long term that will compete with that. It's 100% mathematical guarantee that dollar cost averaging over long periods of time is the best way to enter a position and to exit a position. So the question then becomes is how aggressively you want to do that. And this piece of software allows you to fine-tune that to your heart's content. It'll make you very powerful in that regard. Yeah, we got a lot of things here for you guys to look at at this point. So go to archpublic.com, formerly known as the archpublic.com,

now known as archpublic.com. You've chosen your pro to get rid of the no more in the pronouns. We couldn't get the domain for a while, and we finally were able to purchase the domain. Well, no. What happened is we had that dinner meeting with Justin Timberlake, like in the movie, and he's like, just drop the V. And we're like, you know what?

That makes sense. Not Facebook, just Facebook. So we're like, not the arts public, just art. Like, ah, that's it. That's the thing. So, yeah. That was a moment. Sales actually increased by like 9,000%.

Crazy. Anything I might have missed before I let you go and uh go on with my day here no no i think i think we've covered it 2025 is going to be an awesome year for bitcoin it really is fun to watch guys seriously check out arch public yeah guys yeah seriously check guys check out arch public for real we have so many people that are so happy that uh they've been introduced to you guys obviously through these shows i gotta say some of the people who like watch this show and they're now your clients i can't believe watch this show but i hear these people now are that i never do watch the show yeah yeah those institutional people are here

yeah they're using the product and it's crazy. And so I can tell you, it's working exceptionally well. We've had nothing but obviously positive feedback. So guys, that's all we got for you today. We'll be back next Tuesday. And I will be back, obviously, tomorrow morning with David Young from Coinbase. From Coinbase, the head of institutional research. Be awesome.

All right, guys. See you soon. Thank you, everybody. Peace. Thanks, guys head of institutional research. Be awesome. All right, guys. See you soon. Thank you, everybody. Peace. Thanks, guys.