The Wolf Of All Streets - Bitcoin PLUMMETS To $66K As David Sacks Steps Down & Coinbase Faces Backlash!

Episode Date: March 27, 2026

Bitcoin has dropped sharply toward the $66K level as major developments in crypto policy and industry leadership shake market sentiment. Coinbase is facing growing backlash after refusing to support the latest version of the Clarity Act, raising concerns about delays in U.S. crypto regulation, while David Sacks steps down from his role advising on crypto and AI policy—adding to uncertainty around the future direction of regulation. At the same time, debates over stablecoin yield and broader market structure continue to divide lawmakers and industry leaders. With political shifts, regulatory tension, and weakening sentiment all hitting at once, the big question is whether this is just a temporary pullback—or the start of a deeper move.

Bitcoin has plummeted back to $66,000 as the operation, aka war in Iran rages on. Meanwhile, back at the ranch, aka here on the home front, crypto regulation in the United States is hitting a critical inflection point, and the cracks are seriously starting to show. Now, Coinbase is once again refusing to support the Clarity Act, shocker, citing concerns over stable coin yield restrictions, even as lawmakers like Tim Scott claim the bills close to bipartisan support with industry alignment, now the final hurdle.

And the pushback is sparking backlash across the industry with growing debate over whether Coinbase's stance is protecting innovation or slowing progress. And at the same time, he voices are shifting. Former SEC chair Gary Gensler, aka Mr. Burns, aka the Grinch who stole crypto, is openly opposing stable coin yield while David Sachs steps away from his role advising Donald Trump on crypto policy, raising questions about future leadership in Washington with regulation, politics and industry interests colliding the direction of crypto policy in the U.S. It's more uncertain than ever.

We're going to discuss this and more on the Friday freestyle. Let's go. We have got to go now. Sometimes it's important to remember when you're starting to show that there's a button you need to push to make the intro music come on, so you don't have to be redundant and say, here we go twice. But I did that. You might notice. We have a beautiful Formula One car behind us, as you may know, although I'm kind of.

kind of dismissive as of being a massive sports fan. I do love McLaren, and they have had a rough, rough run back. I've been working with OKX for years. But in practice for Suzuki and Japan, Oscar Piastri just came in first. So I thought that I would pay homage to them because it's my show and I can put whatever I want behind me. So I'm going to, it would have been cool, actually, if it looked like I had a helmet on, like, you know, Snapchat and you get the little filter and I was like in the garage and stuff.

But instead, we got this picture. So let's dive in to what's happening here with the market. It opens coin market cap, checked price, bad price. Bitcoin back below $67,000. Nobody wants to see 666 at the beginning of your number because it's Satan. And that's what I see. I open this. I see 666.

I don't even see the other numbers behind it. Yeah, Bitcoin down $66,634, down 4% in 24 hours. Looks like Ethereum tracking down 4%. Salana down 5%. XRP outperforming down 3%. outperforming down 3% B&B as well. So listen, we might wonder why our beloved coins are not pumping at the moment because we're so used to all of all coins going up, you know, that's sarcasm.

They suck. But the reality is that Bitcoin has been outperforming the broader global markets since the Iran War started. But it can't just trade in a vacuum and go up based on good news for the crypto industry. in an environment where we don't know what truth is going to come next or tweet, if we're going to call them that. We don't know what news is going to break next about the war in Iran. We don't know what's going to happen with oil. We don't know what's going to happen with gold.

Unfortunately, now to be a Bitcoin investor or trader, if you're actually going to look at price, which you shouldn't and track these things, you have to all of a sudden be a macro expert. You have to have a, you know, masters in geopolitics, a PhD in oil pricing. have to understand, of course, conspiracy theories about the Fed and government economic policy. It's exhausting. I don't want to wonder about the price of oil or to find out how hyperliquid traders are positioned with 100x leverage on the next truth social post about it. It is frustrating. It is annoying. And there's very little chance right now that Bitcoin will be unleashed to reach its full potential while all of this is going on.

Now, that's fine. The reality is, I really like buying Bitcoin at 66th Devil Satan. I like buying it better there than at 125 or 150, right? So to me, if we understand that this will eventually end, Bitcoin will be unleashed. We will have another bull market. I'm really excited, actually, to buy at a 50% discount. But that doesn't mean that I want a geopolitical conflict and war to rage on for that to happen. And meanwhile, you take a look and this just in, there's now zero percent chance of rate cuts through at least March 2027.

Now, once again, we sat here and we talked about how Fed Chairman Powell was being difficult and maybe it was political and he wasn't lowering rates. Turns out that Powell's not looking like the dumbass that many of you thought he was. I believe Powell actually, as much as I hate the Fed, think it should be abolished. I deeply understand the problems of it and I don't like Jerome Powell. he's actually probably been making the right decisions because you never know with President Trump and his economic policy what's coming next. Tariffs, hard in the context of tariffs to make a decision before you saw how tariffs ran through the system, whether they're good or not. I understand why Powell wouldn't have cut or raised during that period. Now we have a war and we still have debate over the tariffs.

How can they make a decision? So right now, what's being priced in, even with Warsh coming in, a new Fed chair who will be probably a Trump puppet, we still have a zero percent chance being price in until a year from now. The good news is that the bar charts here and the predictions of what's likely happen rate cuts have been wrong 100% of the time for years. So they can cut next week and they'd be like, oh, it changed, right? I don't know what prediction markets are saying about this, but they're probably more accurate. The bottom line is, though, you know, listen, when I was a kid, I'll tell you, I'll tell you a fun story. It's not that fun. When I was a kid, my dad was an emergency room doctor at the University of Florida.

And he used to work 7 p.m. to 7 a.m. or 7 a.m. to 7 p.m. 3 or 4 days a week. And one of his policies he had for myself and my brother and then our friends, because their parents liked it, was that we had to spend an entire shift with him in the emergency room at the University of Florida from 7 p.m. to 7 a.m. before we could get our driver's licenses because he wanted us to see how utterly redacted college students were when they came and wasted. But we saw a lot more than drunk college students. My brother, actually, when he went, there was a kid on acid, and they kept putting the light on above the bed, and he thought it was a spaceship,

and they would turn it off and turn it on just to troll him. Great story. But when I went in, this kid came in with a hole in his foot. He was probably 12. It was really sad. He was wearing no shoes. But what this kid did, because I grew up in Gainesville, Florida, and this hospital was for the surrounding areas,

put a shotgun on his foot. you put the barrel on his foot, put the things in, and closed up that double barrel shotgun and shot a hole right in his foot. That's a perfect analogy for what the United States government is doing to our economy right now. Whether you agree with it or whether you don't agree with what's happening in our economy, you can agree that the wounds are completely self-inflicted right now. And if Trump spent all of those months trying to get Fed Chairman Powell to cut rates, well, starting a war wasn't the way to keep that going because now we have to worry about oil shocks and inflation. And very few people believing that deflation is imminent unless your name

is Michael Clone. And so right now, if there's really just nothing that the Fed can do, that could affect the price of your beloved assets, including Bitcoin if we do not get the liquidity. But one way or another, I think they will find a way to print money and to stimulate the economy, whether interest rates go up, down, or otherwise, because the Fed has had its Rocky Mountain oysters snipped right off. Jerome Powell has no balls. You heard it here first. Okay, and maybe the biggest story right now, of course, because we have to talk about the Clarity Act. Coinbase again, reportedly reject support for Clarity Act. Coinbase representatives reportedly tell Senate offices that it couldn't support the latest version of the legislation. Meanwhile, back at the ranch, Senate banking

chair, Tim Scott, basically saying the government has to bend the need of Brian Armstrong, which is wild. The crypto market structure legislation has bipartisan support. Just tell Coinbase to move to Canada. I'm referencing someone named Dagnum P.I. I have no idea who that person is or whether reliable, so I apologize. But that does seem to be largely what's happening here. And I've been saying over and over again that if you just zoom out, the very fact that it's like Brian Armstrong versus Jamie Diamond and friends for whether legislation gets passed shows you just how effectively and functionally broken the United States government is. Like, when did these people dictate policy? I love that we have a lobby. It's great that crypto is playing the game and trying to

defend our interests and all those. But even I don't think that Brian Armstrong should be the one who's able to hold up legislation, even if I end up agreeing with the reason that it's happening. Has money become so powerful in our government that it's no longer even under the service? We're not even like doing the quiet part or pretending anymore. Now it's just like whoever donates the most gets to go in and dictate policy and nobody even cares. It's literal of insanity. Like how anyone supports the government at all anymore? I said this the other day.

Like people accuse me now of having TBS. I'm anti-war. Okay. I don't think that should be a controversial policy that I think war is bad. that gives me TDS. You guys should zoom back to the last four years at the level of BDS that I had for Biden derangement system. It turns,

it turns out I just have GDS, which is government derangement system. And that's the reason that I Bitcoin in the first place. Like, yeah, I don't think you can be like a true Bitcoin and believe in freedom and all of these things and somehow have the cognitive dissonance to be a sheep and to defend everything that either party does or that your government does in general. Because it's completely broken. I mean, look at this. You have the United States government saying, well, if Brian Armstrong would just agree,

maybe we could move on to the next point. How is that even a thing? It absolutely blows my mind. And, you know, meanwhile, we know that that's also bullshit and that Tim Scott is full of it because there's no way that just getting the banks and the crypto industry to agree on stable coin yield is the ultimate solution to getting the Clarity Act passed. And do we even want the Clarity Act pass? Maybe Brian's right.

I don't even know. But the fact is, we may not even want this bill, and we haven't even gotten to the hard parts. This is the easy part that the press has grappled onto because stable coin yield makes for a great story. But it's the ethics clause that's going to be actually the political hot potato that's going to be debated. And all of this has to be done, by the way, in six weeks or it's table until 2027. At that point, we'll have a Democrat Congress and we'll either get a much worse version of the bill, probably, or no version of the bill at all. because let's be honest. Everybody is exhausted and nobody wants to hear about crypto's interest anymore.

Like the broader world does not care about the Clarity Act anymore. This is something that's very important to our echo chamber. And now, you know, of course, we get like all kinds of back and forth. Like there's a lot of people saying that Brian Armstrong needs to stop. But then you go back. And of course, you have chief legal officer from Coinbase Paul Graywall saying, you know, my memory is a little better than to trust future rogue regulators to faithfully apply the law. And he makes a great point here.

And one that we've made a lot on this show, myself and my guest, if we get legislation passed, it will be for the next hundred years. We're still talking about whether security is security because of the Howie test from the 1930s. They have to get this right. And I'm starting to lean towards no bill is better than a bad bill, although that's become a very unpopular opinion apparently. But yes, listen, Coinbase is obviously fighting for their own business and for the ability to maintain yield.

but whether intentionally or not, they're definitely also fighting to get this right because of the unintended landmines and consequences that will inevitably be in this bill for the future, right? I mean, if we don't get the yield right now, people are saying we can go back and amend it. What happens when we have a less favorable environment in a stronger banking lobby and the amendments go against us? there have to be basic protections in mind and basic sensibilities in this bill that make it something that the American people and crypto enthusiasts would actually support and want to be a part of. The very idea that we're being told that we can't have yield because the banks don't like it, like zoom out and think about how insane the debates that we're having right now are. like we should all be absolutely appalled by the fact that this is even a conversation and I am.

Oh, and guess what? When you need to make a really strong point about yield and about crypto, you go back to the well and bring on Mr. Burns, excellent, aka Gary Gensler, as I said, I'm going to call him the Grinch that stole crypto. It's gears a little bit here and get your thoughts on what we're seeing in the crypto market. A Galaxy last week basically flagged that this was quote the end of the era that with a digital asset taxonomy moves that have been made here. We've had reports just in the last couple of weeks that one of the biggest buyers now in the Treasury markets are stable coins and stable coin holders like Tether. How do you see this moment?

Well, Mike Novogratzer runs Galaxy and I were at Goldman Sachs together many years ago. Mike's got a good and closer sense of this than I do. I do have some concerns about what with interest being paid on these new forms of money, stable coins, does it undermine the banking system? And that's something that Congress is sorting through now. Really, do they want to destabilize the banking system by allowing the interest to continue to be paid on these so-called stable coins? Get this. get this lovely American citizen off my screen. I was going to say something.

I'm trying to warm myself up for my Yahoo show. I don't know if they're going to allow me to cuss or not. Also, there should be prediction markets, honestly, on how fast I get kicked off. Oh, we want personality-driven content. Scott's great. What did he just say? Yeah.

But anyways, they had to go back to the, the ghost of Gary Gensler to talk the bank's line here, which shows you exactly where he stood the entire time during Operation choke.2.0 and they were trying to kill the crypto industry. But yeah, we have to defend the banks. As Matt Hogan said, I don't have the exact quote. He said something to the effect of. We're not trying to, you know, the banks are not trying to stop customers from leaving.

They're trying to stop their profit from leaving. Like, how is it not okay that a stable coin issuer that's fully backed 100% guaranteed, audited, and wants to give their customers part of that yield instead of keeping that as their own profit, that that's not allowed. But the banks can give you a 0.056 interest rate and go lend that money out indefinitely 5, 8, 9, 10 times over and over and over and over again and earn 5% yield. Are you guys familiar with how fractional banking reserve, you know, fractional reserve banking works, I mean, it's the most insane process that we accept every single day, right?

I mean, yes, it's much more complicated than this, but I give $100,000 to the bank. They give me, you know, 1%, let's call it, and they keep 5%. But right now it's a liability, so they need to turn that into an asset. So they go loan 90,000 of that to another person. It becomes an asset on their books. And then the next bank goes down 10%, 80,100, and they loan that to the next person. And magically, your $100,000 becomes a million dollars in the system. That's largely how money is printed.

And it's all good until you want your $100,000 back and so does everybody else. It's absolutely insane that this is what's allowed to happen. And that's what we are protecting by not offering stable coin yield. Oh, and by the way, during COVID, they got rid of the 10% reserve requirement and went down to zero. Banks don't need to hold one penny of your money. They're allowed to lend it out and keep lending it out and keep lending it out and keep lending it out until the Ponzi scheme dies. and they get a guaranteed bailout from the United States government. They know it will collapse, and they know they will get bailed out,

and they know that you will pay for it in the hidden tax called inflation. And the government prints a shit ton more money, and you have to deal with it. And that's what we're fighting against, and nobody seems to care because Clarity Act needs to pass. We need a good legislation. And by the way, I need to hear the stories about Novagrats and Gary Gensler being at Goldman Sachs together, because if they don't start and end with, Novagratz used to beat me up and pull my underwear up

and put my head in the toilet at the beginning of each working day, I'm over it. I also went to school with Donald Trump Jr. Doesn't mean that we were like friends. The guy used to get drunk and piss himself. Every day. Called him diaper don.

That was his nickname. I'm not very popular. I shouldn't have said it. It's on the internet, but I shouldn't have said it out loud. I've kept that, yeah. And I made diaper don't go, viral many years ago.

But it was true. That was literally his nickname because he would be so drunk. Okay, we're going to move on. And the next story that we're going to talk about right now. I shouldn't have said that. David Sachs is having to be living in a camp. David Sachs does his time as Trump's crypto and AI czar has ended. Of course,

we get endless hot takes, bad takes, good takes, no takes about what any piece of news means. Oh my God. David Sacks has abandoned us for her. a permanent role with the All-In podcast. But the reality is, David Sacks had like a 200-day contract as some sort of special counselor, and it's up. And Sacks isn't like leaving the United States government. In fact,

if you take a look, Sacks had to divest like billions of dollars in portfolios just to be a part of the government. But after all the accomplishments in our first year, President Trump is even bigger priorities for 2026. President's Council of Advisors on Science and Technology is hitting the ground running to deliver more wins. So he's moved to another part. It does, though, leave a question as to what happens to having somebody directly in charge of crypto at the White House and advising. And there are still huge questions in the air, as there would be with any sort of situation like this, which is like all the promises that were made. I'm not saying by SACs. I'm saying by the government that we're being, you know, overseen by the White House,

the, you know, White House crypto and AIsar that we haven't gotten answers to yet. like, I don't know, like, are we going to get a strategic Bitcoin reserve? More importantly, how much Bitcoin do we have? Remember, in the first 100 days, we were supposed to have an audit of the holdings of the United States government for the strategic Bitcoin Reserve and the digital asset stockpile. Checks watch. I don't wear a watch. If I wore a watch, I would look at it right now and I would go, 100 days, 300, 200 round to the nearest divide by 7.

We don't have an answer. we do know that in that pig butchering or what do they call it pig murdering butchering uh cambodian scam we we stole like 112 000 bitcoin over there 120 or something for a bunch of victims and we know the united states government has a supreme knack for uh sticking our bases into you know things happening in other places and then taking all their money and not not giving it back like i'm old enough to remember when bitfinex got hacked the United States government recovered the Bitfinex coins.

They put Rosal Khan or whatever that rapper chick and her boyfriend in jail. And last I checked, part of that 100,000 Bitcoin that the United States was still rumored to have was the Bitfinex coins. How are those United States government's coins? So let me put it this way.

Robber comes into my house, goes into my closet, steals my wife's engagement ring. Okay? Cops go, arrest the guy, take the engagement ring. That's now the police's engagement ring. It's not mine.

This is that my wife's? It's their ring. That's the strategic Bitcoin Reserve, right? Listen, I'm not particularly worried about the fact that David Sacks has moved on, but what I do find notable is that we don't have news yet about a replacement, and I think that that's something that we are going to want.

And listen, I didn't even finish the Stablecoin story. Tether hires KPMG for U.S. DTT Audit brings in PWC. That's Pricewaterhouse. Cooper, I think. Here's up for U.S. expansion. Tether truthers are in shambles right now. There are people who have made entire careers out of flooding Tether. And it seems that Tether's going to get the full audit. Now, listen, I think we all agree that everyone in crypto probably was doing things wild and loose

in the beginning days. I'm not saying there was ever time when Tether was not fully backed, but they may have been backed with commercial paper and, you know, less ideal, less liquid things. But I think we all agree that in the last few years, Tether is definitely fully backed, more than over collateralized, as we know. And now they're going to have the audit to prove it. And I'm here for it.

So the next story that we have here today on this show is that the Fed's Randall Gwling. I don't know how. I'm just going to show him. I don't know how you say his name. It's G-U-Y-N-N. I don't do diligence for this show. I just show up and say stuff. But no CBDC. Let's see.

Friend of the show here, Warren Davidson, I've had him on here. Spaces a bunch of times. Girl in this guy. Let's watch it. Things that we think isn't discretionary is components of the executive branch comply with executive orders. And of course, those change from time to time. But, you know, anything about digital assets back home,

Ohio, there is a selective people that are very passionate about that. But for a lot of people, the number one thing they think about is central bank digital currency. And President Trump issued an executive order saying that there should be no central bank digital currency, no work on a central bank digital currency. But prior to President Trump taking office this term, there was a lot of work at the Federal Reserve on developing a central bank digital currency. Has that work ceased or is it ongoing. I think Chair Powell has spoken to that, and he said that it is not ongoing and that the chair does not believe that we have the legal authority to issue central bank digital currency

without some action by Congress. Well, unfortunately, he always has this qualifier, a retail central bank digital currency. And for a lot of people, what they see being built is like Hydra. There'll be many heads, sometimes in the form of stable coins, sometimes in the form of other payment instruments. But they'll all come together on the back end. with the body of the beast and it'll be a wholesale CBDC. So is the work on the wholesale CBDC ongoing or did that too cease?

To my knowledge, it has not, it is not ongoing. Okay, so that's good news, right? Nobody here wants a central bank digital currency. It's one of the key points that Bitcoiners have been railing about for years. You can look and see what a, you know, the digital yuan would be in China and you basically have a digital wallet. and they say, here's your salary, air dropped in, here's your stimulus, but you can only spend that on Nike's and Kellogg's brand food. And by the way, if you say something negative about the

government, we just take that money right out of your wallet. Oh, taxes, we take that money right out of your wallet. Oh, and if you don't spend it in a week, that money explodes and comes back to the government. So everybody fearful, of course, of a wholesale, as he said, central bank, digital currency that allows the government and the Fed even more control over the money printer and the monetary supply because quite literally that's all they really want. And so I think it's great news that we're not going to get a central bank digital currency, at least from now in the United States, although that rhetoric could change very quickly. That said, still can't believe I said that part out loud earlier. It's like, you know, all these interviewers,

the Trump's on the show. They're so pro-crypto. I don't try to get the Trump's on. You might be wondering. It has nothing to do. So anyways, what are we talking about? Central Bank Digital Currency. So, you know, I was a big fan of the Genius Act until I talked to Chris John Carlo, the former chair of the CFTC. If you guys haven't come back and listen to that interview on my channel, I'm telling you, if there's one piece of content you consume this year, to me, that's the one. And where he said, hey, we got, we don't need a central bank digital currency anymore. we got stable coins than the Genius Act.

Right? So what was the biggest fear about central bank digital currencies besides going full China, as I just mentioned, would obviously be the government's invasion of our privacy, right? If you have a central bank digital currency, not only can they do all those things, but they know exactly where you're spending their money, basically cash is dead. You have no privacy around your transactions. Nobody wants that. Right? Well, he made the point that if you really look at the Genius Act, we basically create,

created that. The government has full transparency into all stable coin transactions. And not only that, we also gave the private companies issuing the stable coins who I like, don't get me wrong. I don't think they're nefarious. They also have full visibility into all of your transactions on our beloved blockchain. And they can freeze them. You know, so I'm not saying the power will be used this way, but it's always a slippery slope. And the Genius Act has basically locked in the right for the United States government to take a very deep look at what you're doing with your stable coins. And as stable coins proliferate and become the technology they know they can be, we could be in trouble.

Could be in trouble. I don't know why I just did that. But that's how I felt about it. Because, you know, man, I feel dumb sometimes. I might be. But like, you know, we all got so hyped and pumped about, I think we were so disillusioned with the last iteration of the government. That we really genuinely chose to like take the most silver lining optimistic view of what life with a new administration and the government, more importantly, deeply involved in crypto would look like. I just don't think it's been that.

you know, I'm not sure, I want to cheer for any of this stuff anymore. I'm not saying there aren't great politicians, they're doing great work trying to help us. But man, it seems like it's just really the bank lobby and the same powers. They're just doing it more quietly to make sure that we don't really get what we want. And the best version of crypto in the future could be basically wholesale co-opted, not Bitcoin's code or mining, but could be co-opted by the government and Wall Street. said they keep all the profit and we get nothing because last time I checked our all coins weren't exactly pumping. And meanwhile, just as an honorable mention, because I already told

you about Diper Don, Diaper Don Sr. over here, Donald Trump, he's the president. I have no evidence he pissed himself. Although there was that whole Russian like pee-p-tapes, Donald Trump, what did they got on him? Pissing. Justin. Just in. Like Arkeel. video. Justin, U.S. dollar bills to be printed with President Trump's signature, removing treasurer signature for the first time. The fuck are we doing here? Sorry. Sorry. Seriously. How do you cheer for this? I know, guys, I've lost so many followers traffic because apparently I'm like, I have TDS now. I know I don't want to do it every single show, but this is like, this is insanity. All of it. Our government, Trump, Biden, everyone else,

they just lie and they lie and they lie and they reach for more power and they do these ridiculous things and we just cheered on. Trump dollars. You use your Trump dollars to buy a Trump steak, the Trump stable coin. This is not what we signed up for any of this, to be quite honest. And listen, you know, like I don't think that being like against the war is such a controversial opinion, although it has been. But what really gets me and this is not unique to Trump, it's just the government.

it's the gaslighting and the false pretenses and people say, you know, like, if somebody lies to me and then they lie to me again or they switch it and then they go back and they whatever, like, I don't believe that person anymore. I don't care if they're the president or my kid. I just don't buy it. And you have these people that get like sucked into the government machine. Like I probably wrong. I don't know. I was an RFK-ish supporter, right? I interviewed the guy. not that I ever thought he had a real chance to become president, but I at least liked the way he spoke about the military industrial complex, and had sensible views on abolishing the Fed and all these things.

Like, he's in the administration. Where is RFK, like the champion of crushing the military industrial complex? Like, where's his voice right now? I'm at war in Iran. He killed his uncle over this stuff, arguably, you know? Like, where are all the anti-war libertarian, bitcoin? to speak out against this insanity. Like, I don't know.

Maybe I'll ask McGlone. He has a son and I believe a nephew that are both, you know, in the United States military. Like, what happens if we send 10,000 troops into Iran on the ground against the million troops that Iran reportedly is raising? Like, is that something that you can support to, like, put a, it was your family member. Donald Trump's kids had to fight on the front line on Karg Island. Would we be having a different conversation right now about this war? There's a great part, I can't remember what book it's from, maybe Atomic Habits, where basically there's a conversation and says, you know,

we're concerned that the president, not Trump, any president, has the power to push the nuclear codes without having an idea of what it's actually costing in the lives of humanity, right? Just push a button and a million people die and it's over there. And the idea that he floated, I think it was the author, the idea he floated was that you have a guy who follows the president around, like they become buddies and he's his friend and he carries the nuclear codes around. And to get access to the nuclear codes, the president simply needs to turn to that guy and shoot him in the face and take the nuclear codes. And people were outraged at the idea. Like the president's going to kill someone.

He can never do that. Do you get what I'm going for here? it's a brilliant idea because that guy just because he's standing next to you and you know him is no different than the million people on the other side that you're putting at risk. I don't think that's a great idea, but I think it shows you exactly what should be on the mind of any politician before they head into a war. It's just it's insanity. I don't know why we're there. I'm going to stop the show now before I say anything even stupor. But it's been a good time. Imagine if I did this, I don't know. Yahoo. Guys, the Daily Wolf.

15 minutes of hot takes every day. Yeah, I'm really excited about that show, to be quite honest with you guys. It's going to be noon every single day. It's not going to take away from anything we're doing here. We're going to still be doing all my normal shows. It's just going to be basically like we're going to pick three stories each time. Like around the horn, bang, bang, bang, this is a thing. And this is the thing.

And this is dumb. And this is smart. Trump. And then we're going to move on with our lives. Listen, at the end of the day, I will just reiterate that my solution to all of this, whether it's right or wrong, listen, the CIA could have created Bitcoin and everyone we buy could be like supporting the death of unicorns in the metaverse.

I literally have no fucking idea. But I'm just going to buy Bitcoin. I have people coming to me with investments all the time. This AI is going to change the world. I just, I don't want to put my money into literally anything else. other than Bitcoin right now. And that's not only a financial decision, although I do believe that it will go up massively over time. But it's also just a silent form of protest that makes me feel better about my own empowerment to do my littlest part to like show that I'm not

opting into the system anymore. It's fundamentally broken. I don't support it. And I think that the further you go down, the orange pill Bitcoin rabbit hole, the more you might agree with me, Have a wonderful weekend, everybody. We'll be back for Macro Monday. Peace out. Love you guys. See ya. It's been real.

Bill McLaren.