The Wolf Of All Streets - Bitcoin To $141K As The Fed Embraces Crypto!
Episode Date: October 21, 2025Bitcoin’s next big move is up for debate, with some analysts eyeing $141K as a potential target while Washington’s government shutdown enters week three and crypto policy becomes a partisan battle...ground—Senate Democrats plan a crypto roundtable and Republicans are organizing their own CEO meeting. Meanwhile, gold’s safe-haven bid stays in focus as UBS forecasts $4,700 by early 2026, even as others warn the trade may be overheating. We’ll unpack the D.C. dynamics shaping crypto regulation, what a $141K projection would imply for BTC, and how the gold surge fits into the broader macro picture.
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T.V. Cowan says that Bitcoin is headed to $141,000 by December, not quite as hyperbolic as the
predictions of the past, but here we are after a small dip in Bitcoin. And the Fed today,
having a payments innovation conference focusing on Bitcoin and crypto. Yes, that Fed,
the Federal Reserve of the United States of America, who has long been dismissive and
hateful of our beloved industry. We're going to unpack all of this. Of course,
course with Andrew and Tillman, but also with special guests, Matt Sorensen, the CEO of directed I.R.A.
Let's go. Good morning, ladies and gentlemen. Please like and subscribe and know that I am marked safe from the A.
W.S. outage of yesterday. I survived it. However, my Robin Hood account did not, but that did
not prevent it from buying some sweet, sweet dips at the dead bottom using the arch public algorithms
while I was asleep at 2 a.m. this morning, but we'll talk about that later because we got a welcome
on Matt, first time on the show. Welcome. Thank you, Scott. I don't know what I got myself into,
but I'm in for it. Whatever it is. You're totally screwed. Good morning. Enjoy that. You're going to be
very unhappy that you got up at six o'clock in the morning to talk to these three dumbo's
over here. I couldn't wait. To be honest, I wish it was Andrew and Tillman's first time because it would
erase all of our long history of terrible content. But here we are joined by Matt. Listen,
right here, let's just jump right in. Bitcoin to 141K. We were at 126, like two weeks ago. But now
these are the headlines. When we're looking for a hyperbolic, ridiculous prediction to try to get
people to click on the title now we have to talk about 141 what happened to 200 250 300 by new
years one little dip here but i guess the most important part here is that they're saying the 19
billion flash crash proved bitcoin's resilience resiliency you'll notice that it doesn't say
crypto's resiliency because all of that went to zero for about five minutes yeah so what do we
make of uh what do we make of tv cowen's prediction here 141 well they're just a
another entry into the Bitcoin space, right? So whether it's standard chartered, whether it's
JP Morgan, whether it's Goldman Sachs, whether it's Morgan Stanley, as I mentioned on last
week's show, if you're if you haven't been invited to the party, you've got to crash the party
because if you're not there, you don't matter, right? Every, just like the NFL is a copycat league,
financial services is absolutely a copycat league. So once the voices get loud enough and, you know,
When Larry Fink showed up a year and a half ago, I knew this would happen.
Like, you know, it may take a little bit of time for everybody to be like, wait, what's Larry
doing over there?
And then you have $100 billion go into Ibit.
Now, everybody has to have an opinion.
Everybody has to put out a research paper.
Everybody has to put out a price target.
Everybody has to be involved because it's now a meaningful part of traditional financial conversations.
And so, you know, here's just.
just another additional voice in the space that has to say something that has to put a stake
in the ground or else their customers are going to be like, what do you, what are you guys doing
on Bitcoin or else I'm going to take my money over to blankety blank blank blank.
So you don't want customers doing that.
That's the worst case.
I mean, we even have Vanguard likely coming back, who was the most aggressively anti-crypto said
it would never happen.
and they would never offer the UTIF.
So we haven't gotten exact clarity on when and if that will happen,
but it's definitely on the docket now.
So to your point,
you've got Black Rock leading.
If you've got Vanguard bringing up the rear as the caboose,
everybody's going to get on the train.
Everybody's in between.
Yeah.
Well, I'd say don't forget about fidelity, you know.
The biggest player of retirement accounts out there,
they've been bullish on retirement accounts and Bitcoin and other cryptocurrencies.
And now you've got crypto president.
You got a lot of stuff happening in Washington, D.C.,
that's going to make.
get easier for retirement accounts, which is where $50 trillion is. There's $50 trillion in U.S.
retirement accounts. And that's starting to get more and more allocation to Bitcoin as well.
That's not a small number. 50 trillion is not a small number. And by the biggest, yeah, it's huge.
That's just in the United States. Is that correct? Yeah, that's the U.S. retirement account market as
of the second quarter. It's probably gone up another trillion since then. But, you know,
there's every year, yeah, there's a couple trillion dollars going in. And it's like everyday Americans
dollars and cents going in and they're trying to save and build for a retirement account,
you know, Fidelity will let you allocate up to 20% into crypto out of your retirement account
there if your employer allows it. But there's other things happening. They're adding greater
access to investors to investor 401k or IRA. So it's big. Yeah. Yeah. We talk about this notion
all the time about a rising tide floats all ships and the the stage in which we find
ourselves in Bitcoin integration allows for dollars to flow into it that are a little bit mindless
in terms of just passive investment dollars that are coming out of paychecks. And I think that
is between corporate buying and treasury holdings of Bitcoin and the reoccurring buys that take
place on that side. And then the retail side of it in retirement, I think those are the two systems
of purchasing or really the buying support that drives the floor up.
And I think we've seen that.
I think everybody that's been through a few other cycles have seen the difference in this
consistent buying floor that we've had this cycle.
And I think that's because a lot of institutional money has to buy in over a long period
of time.
And that's consistent flows of buy orders, especially on the dips.
And, you know, for us to be above $100,000 for as long as we have,
for us to have a 20 plus percent potential gain between 100 and the all-time high.
Those things are pretty attractive for entries, especially for big money and long-term perspectives.
So I'm really fascinated. I'm glad we have Matt today because I was kind of ignorant to the subject of
self-directed IRAs before we got really hand in hand with their company.
and they've just kind of announcement here.
I think a lot of people know it.
We've sent it out in our newsletter,
but we are working with Directed.
And our customers have told us many, many times,
we have self-directed IRA accounts,
or we have an interest in putting retirement dollars into crypto,
specifically Bitcoin.
And we need help doing that.
And so this has been on the docket for a while for Archpublic,
but directed has just been an enormous help.
Number one, they're customer-centric like we are,
and so they treated us like a customer
and got us very educated very quickly on these subjects.
But they're also integrated with Gemini.
So, you know, Gemini was our first integration,
and so that makes it very natural and seamless.
But I want to hear from Matt for a little bit
as it pertains to the evolution of self-directed retirement accounts
versus, you know, the traditional.
That was my question, because Tillman, Matt said Fidelity allows you.
Thank you, Fidelity, 20% of your IRA into Bitcoin money.
But, you know, I remember the early days of self-directed IRA companies that were very focused on crypto, right?
Self-directed IRAs have existed for a long time.
Matt, maybe you'll give us a bit more history.
But, you know, you can put a cow and some gold and land and some Bitcoin with your keys and a self-directed IRA, right?
I think most people still don't know.
But I was actually curious when the ETFs hit how that would affect the self-directed IRA business
because you just buy Bitwise or I-Bid or Fidelity and you no longer maybe have that thirst to have a
self-directed IRA, but you just hinted to the fact that there's limits.
I would like to have my whole IRA in Bitcoin.
Right.
Yeah, so exactly.
So with the self-directed IRA with us and what we do, you can put the 100% into crypto.
I mean, you could do a Roth IRA and it can be entirely taxed.
free. You can even do a health savings account. So a lot of traditional financial services are going
to gatekeep how much you buy. Your advisor is going to try to talk you out of it, right? And so what
we've done is say, hey, this is open architecture, buy what you want, buy the cow, invest in the
crypto, buy the precious metals, whatever you have passion about and think is going to add a
tremendous amount of value. I mean, in 2017, like I bought it with my Roth retirement account. I bought
Bitcoin as 2,500 per BTC. I was like trying to pioneer this. I had a lot of really smart
clients. I was a tax lawyer at the time that were trying to figure out. I mean, they had already
made a bunch of money. They're asking me in 2017, you know, how do I do this in a more tax
advantage way? Can I buy this in a Roth retirement account? Because I was like a retirement account
kind. I'm like, I don't know. Let me go try to figure it out. So I just like dove deep in it and
tried to figure it out. And now it's way easier and you can be far more strategic about it.
you know i know with a lot of clients at archipublic they want to like optimize the market and it's going
up and down and they want to make money in crypto not just buy and hold um for the long haul which
there's value of course in the long haul as well as it's going up and so well that's kind of painful
personally doing that right your tax return looks like is pretty is pretty busy you know you got to
check on the fox one on the on the beginning of the page of the 1040 that you've made money on digital
assets and so nobody's made money on digital assets yeah well the irs asked you it's the first damn
question after you write your name and social security yeah rising time it's all boats except for all the
crypto we own yes yeah yeah hey well you know what as long as the irs is getting money from us that you know
they're going to be happy that's one thing the government needs so a steady flow of income so uh in some
in some ways it's a good thing to the long term deal here but but i just think like there's kind of two
powerful things here is one is the access and opportunity to do it whether that and bitcoin you know is of
course the leader there but you know there's a lot of other ETFs that aren't out yet you know
and we see a lot of clients to try to optimize and buy those cryptocurrencies before the ETF and you know
you can pretty much buy anything um with a crypto IRA with us um that's on the gemini platform
which is a lot of different a lot of different tokens so um yeah i think it's been a huge opportunity
and it's been awesome to work with a lot of arch public clients who
are a lot more sophisticated, I'll say, and have a good outlook on crypto. They want to allocate it
and do it in a smart way. They can use the Roth retirement account to do it totally tax-free,
keep all the wins. And so I think it's a, it's kind of, it's a, it's a something that's been
around, as you said earlier, Scott, but I think doing it in a smarter way, greater access and
having more control of how you want to do it. Yeah, I mean, so less specifically about what's being
offered. I want to kind of dig into the earlier conversation about how much money this really
unlocks, because I think that's a big story. It's not the only thing, right? So you got Bitcoin is
the best risk-reward investment right now. I think we all agree with that. But nearly 20% of
millennials are adding crypto to retirement portfolios. You've already got one in five millennials.
We know that there's a huge wall of money that's going to come from the boomers to those millennials,
and it's probably going to end up in self-directed IRAs or being invested by that millennial and not
their dad's registered investment advisor, right?
That's a huge problem for the RAA space.
We have $7.5 trillion right now sitting in money market funds, the highest ever.
Of course, this is people who are enjoying the high yield environment that we all know
is going to go away.
So what happens when yields go back to ZERP?
These money market funds are earning absolutely nothing.
That's going to be a whole lot of people that are going to be buying crypto.
And of course, the Republican bill, based on the executive order from Trump, that Bitcoin and crypto will natively be allowed in 401 case, right?
So that's obviously a massive unlock as well.
So there's just walls and walls of money.
And a lot of that in retirement accounts are waiting to come in to buy Bitcoin in, frankly, everything else, right?
Yeah.
And I think the one thing, Trump's executive order that came out as maybe two months ago now,
on alternative assets and your 401k was huge.
I mean, Trump came out and said,
it is the policy of the United States
that your retirement account should own alternative assets.
And then they described later what an alternative asset is.
And number two on the list was digital assets.
Like, he's changed policy in the U.S. in a massive way.
I mean, Biden ran away from this stuff, right?
And leaving the U.S. behind in the crypto space.
And Trump's came out.
And I think for everyday Americans,
it's really, really important.
This is like long-term wealth building.
Like we're trying to build wealth in America.
And so I think it's important for all of their portfolios.
They have a retirement account that they're looking for it so they can build
in assets they believe in that are going to grow.
But also I think for like the business of crypto in general and just the asset class in
general, I mean, Washington, D.C.
The more entrenched this gets in people's 401Ks in retirement accounts, they're not going to
want to mess with it.
But it has to be codified into law.
executive orders we know are only as good as who happens to be sitting in the seat at any given
right but but i'll say this and i don't mean like geek out tax lawyer on it for a second but like
the the the four like what you can already own it in a retirement account like we actually didn't
need the executive order to do it but he's trying to break down some of the lawsuits and fiduciary
liability issues that everybody has that's kind of scared wall street and typical financial
services away from it who kind of gate keeps 401 right but you can't own you can't own
Bitcoin and hold your private keys in a normal Roth IRA, right?
So there are, there are things or a 401K.
So there are, especially for the actual community, a lot of nuance that's important to people
in the way that they want to hold.
And if they could actually buy spot Bitcoin rather than just something that gives them
exposure like an ETF.
Yeah.
Yeah.
And I'll say the ETF, keep in mind, most of the ETFs have a bit of 1% fee, you know,
just in time as you're in that thing.
So there is definitely a cost.
That depends on how much you're buying, of course.
But yeah, I mean, I think on the key style,
there are some more advanced strategies on how to figure that out.
We've helped clients do that as well.
And you can even do that with a crypto account with Arch Public.
I think it's and both, right?
It's every avenue that we can create that brings an ease to the user, right?
Different people want to own different assets.
most people who are high net worth, most of the people that we're talking about as potential
investors in our sector, they invest in everything that they believe is a good diversification
tool. So it's a question of like, what percentage do we capture? And I think, you know,
the headline that we showed earlier about, you know, $144,000 dollar Bitcoin or whatever that
price prediction was, you know, that's on the low side. Well, it's also their first price
prediction that's how it always is everybody starts out now you know what were registered investment advisors
saying or the big talking heads of our industry saying like one percent allocation when they first
started then they went to one to three percent allocation well hell everybody's now talking you know
10 to 15 percent allocation or a complete death to the 60 40 portfolio and now it's um you know
60 30 10 or 60 25 15 you know who knows but i think it's a very slippery slope and
And I think when you start applying the growth potential and the asymmetric opportunity that Bitcoin possesses from a scarcity perspective and your potential ownership percentage of a very scarce, highly sought after,
very asset that has an extraordinary track record, both technologically and price wise, I think that all those things make it exceptionally appealing to have some exposure.
And I think the fact that Matt and his firm are focused on giving the freedom absolutely to the people,
they're starting where it's what I would call the non-negotiable, in my opinion.
Because I think that's the standard by which crypto has set for the world.
If you want to pay someone to custody your assets for you, whether they're digital or non-digital, fine.
right if you have a big ranch and you need to pay a ranch manager to custody that asset clean up the stuff and mow the lawn that's the same thing right you're just spending money on the asset right while it appreciates the good news about crypto and what we love about it intrinsically is that there's no middleman tax and when you put it into a retirement account then you have the government giving you extra incentive to on time
top of the asymmetric opportunity that you already now possess. I just think it's just, I think to
Matt's point earlier, and I've said this about our corporate treasury management side of it,
and I've seen the outpouring of private businesses that want to invest in Bitcoin. And I had this
light bulb moment that I was like, you know what, this is how America rebuilds the middle class.
And I think it's with that and with retirement accounts being put in Bitcoin. I really do. I don't
see a stronger, you know, a case to be made on any asset. And if we could pull that off
and start to tighten the wealth, you know, gap in America, I think that's a strong middle
class is what's made us who we are. And that should be the focus, whether it's through technical
innovation and or through savings mechanisms on highly appreciatory assets.
Yeah, it's a great dream. But have you seen the national debt and inflation lately?
because there is no middle class.
Thank you.
Don't wait me up.
Don't wait me up, Scott.
Well, you know, Tillman seems to be running for office here this morning.
Retirement account holders are the backbone of this country.
Hey, I'm Matt Swanson, and I support that message.
This message is paid for by Matt Soros.
Podcasts are the backbone of this country.
God know the book would be that's wrong.
No, freedom of access is the backbone of our country.
And freedom and rights to choose with your money is the backbone.
And it's the same principles that really got me attracted to mining Bitcoin.
It was, you know, you're directly affecting the network and you're a participant.
And you're doing it in a way that's, you know, you're directly involved and you can control.
And those things are priceless to me.
I think a lot of crypto people find those attributes to be very attractive.
I'll put that, put it that way.
There is a, you know, what we haven't said yet is just take, take what Scott's doing with our products.
He's essentially farming volatility with Ethereum and Solana to put it into Bitcoin.
And yes, there are going to be tax ramifications with that.
If you were, yeah, if you remove, if you remove those tax.
tax ramifications. I mean, you're talking about turbo on top of turbo, on top of turbo, on top of
turbo charged returns. Yeah, I should have been running this in my IRA too. Yeah, the volatility
farming with those two assets and putting it to Bitcoin, it's just, you know, it's compounding
on top of compounding on top of compounding. And then you add, again, a box that you can put it
all in that is tax advantaged is just an extraordinary setup. If you have any sort of
of IRA that wants to be involved in crypto in any meaningful way, this is the way to do it.
Like, this is absolutely the way to do it.
Yeah, there's no question. I might do it. Yeah, we might have to run a second account.
Back really quickly to the conversation about getting things like this codified into law.
I think it's just worth noting a few piece of news today. Obviously, the Fed having their
payments innovation conference that's not passing anything to law, but damn.
I mean, the Fed is having an entire conference on crypto and Bitcoin.
If you want to know if we've made it, I don't know where we've made it too.
But if you want to know if we've made it, we got the Fed.
And then today, these crypto C suites are expected to attend a roundtable with pro-crypto Senate Democrats on Wednesday.
That's tomorrow.
You can see the list.
It's the usual suspects, Brian Armstrong, Sergey Novagrats.
Everybody basically saw the roundtable with Trump when he was first elected.
And then, of course, Senate Republicans call for own means.
meeting with crypto CEOs after Democrats sit down.
This is clearly a bipartisan arms race for who can win the hearts and minds of the
crypto lobby.
Let's be read about money.
But either way, I mean, there's real momentum still here that we haven't been talking about
for a while because the government has been shut down for, what, going into the fourth week now.
Yeah.
You know, but that momentum is there the minute that the doors open back up.
Yeah, and I know we were joking about Tillman running for office, you know, but I mean, literally like that conversation and those points he was making is what's happening in D.C.
You know, I mean, even our industry says those are literally the conversations about people being able to do what they want to do and invest it they want to do.
And also this feeling kind of like for Republicans and Democrats of, well, we don't want to be the country left behind.
We don't want to be the idiots that gatekeep this and other countries have success.
and crypto is no longer U.S. centric, and we have some other nations and countries profiting
and benefiting from that, even down to their individual citizens.
And so I think there's like that, this kind of like, in some ways we're competing on a world stage
with this asset class and letting Americans win on it has been a kind of a message that I think
has really resonated whether you're a Republican or a Democrat.
And so I think this letting people, and I say, you know, from as far as like especially a lot
other Senate Democrats, even ones that are pro-crypto, letting people invest in this asset class
and have allocation to it is like a huge, huge step, a huge step. And it's only the first one
that I think we're going to get greater and greater adoption of it. The most promising thing
that I saw on that list was that, you know, CEOs of Uniswap. I mean, they're digging deep into
the bag of crypto and they're saying, okay, we're going to adopt defy. That's incredibly encouraging.
You just talk about, like, in this innovation, where does it end up unencumbered?
That's the question I asked myself, because I think, you know, it takes a lot of vision to start a self-directed IRA company that allows people to buy crypto.
And I think that type of innovation, I've seen their customer base.
They're rabid.
They've, you know, they're the largest in the space.
They've got over $2 billion under management.
Three billion.
Three billion under management.
I told you guys.
So you just, again, you go to, you know, the captains of our industry and what are they all doing?
They're responding to demand and they're creating innovation products and vehicles for capital to be placed into our sector or industry, whether it's to, you know, paper representation of the digital asset or building infrastructure in the rails.
There's so many ways to contribute.
but the story I think is how quickly the adoption is coming and and the demand of the retail market for it is just it's beyond I think it's the first thing that I've seen in a while that's captured everyone's attention and the question becomes we've been in cycles before where your your lawn guy tells you like hey what do you think about this coin that's the that's the quintessential death nail of the bull market right but there's
I think this cycle's different.
I think you're going to see more and more people that you would not expect come to the table and say,
what about this crypto thing?
And I don't think it's going to be the indicative death nail of the bull market.
I think it's actually just going to compound in its synergy.
And we're going to see an exponential growth curve, or at least a section of exponential growth curve over the next four years.
I really do believe that.
uh lawn guys are the backbone of this country um i can't i can't get the movie i can't get the movie
the campaign out of my brain it's the campaign exactly yeah we're talking about Washington bc in politics
but uh it is interesting you know the again we had an election that was meaningfully uh adjusted
in in one direction because of crypto and the amount of capital and then
and the work that was done on that side.
And if you're a politician, you'd be foolish not to try and capture that.
What is hoped is that that trickles down to meaningful legislation.
I do know that, you know, the biggest of the big names are now saying,
hey, we've got to get legislation through.
We've got to codify this stuff.
We've got to get some guardrails to everything.
You know, Larry Fink, of all people was talking about it last week.
Now, again, the other thing that happened is, you know, there was a proposal put together that nearly almost crushed Defi from one side of the aisle.
So that's the reason why all those folks are going to go meet with Senate Democrats.
We do not have an all clear yet.
No, no, absolutely we do not.
The only thing we've done that cannot be undone is maybe kind of the Genius Act.
Yeah.
And so, you know, as per Uniswap, that that's the reason Uniswap.
is headed to Washington, D.C.
Yeah, but it's a funny joke.
Like, okay, how's it been trying to crush D.5 over the last eight years?
You can't crush D.F.
So good luck.
This is a pitiful excuse at a last attempt negotiation.
I think the cat's out of the bag.
I think that it's good.
I'm glad that everybody's taking their time to go and meet with the politicians so that we can get laws codified.
but to think that they actually are at a place of understanding to where they could write the laws that would be codified.
No, they're just bringing in all the smart people that understand the space to write the bill, basically.
It has to be written.
It's going to be written.
It's a clear point that it's a train that doesn't stop.
Just a quick little headline, you know, Tether just announced they reached 500 million users.
I think about that.
There's 500 million users for Tether.
Like, you're not going to.
Coinbase is in the SMP.
500. Yeah, you're not, you're not going to stop. You're not going to stop that. You're not going to.
You may put some effort into it, but it's just, it's going to bully over. Yeah.
Matt, I know we kind of got to let you go, but we're going to give you your final thoughts from Matt Sorensen.
Hey, I just think, you know, if you care about crypto and Bitcoin in particular, and I think we
started this off with a set of about some of the money flows. I mean, Scott, you talked about
money market, seven and a half trillion sitting there.
Yeah, where's that going to go as rates continue to drop?
And then I think the retirement account, this steady and consistent flow of money,
which is where most Americans have their investable dollars, 50 trillion sitting in it right now,
a couple trillion going in every year.
I mean, that is massive for crypto as we're getting seen greater and greater allocation for that,
more and more opportunities, less restrictions.
I think it's important for the asset as it's getting more money put into it,
into the system and also for the investors
are going to have greater access to it.
Plus doing it in a tax advantage way,
which we love the Roth account
because it grows and comes out entirely tax-free.
So I think that'll be my,
that's my final statement and I support this message.
You guys should see, Matt has a huge YouTube channel, by the way,
in case you guys are wondering.
I'm almost at 100K.
I almost got like 397K views,
389K view.
That's, I've never done that.
Listen, anybody who-
I stink at this.
Look at those dumb-bails.
Those are insanely.
Yeah, is that?
That's Diddy with his mouth covered?
Look at that one.
Oh, yeah.
I was all over Diddy.
You know, I was all over-
Don't say that out loud.
When you tell your name was all over me if you want to get paid.
You spell your name with one T.
I mean, that's just elite right off the back.
You know, I'm all about efficiency with no T's.
I'm all about efficiency, you know.
What I heard that say is if we get 10% of the retirement account money, we double our market cap.
So it's a lot of money.
Let's go get that.
Yeah.
I don't know if you guys saw, I know we're letting him go, but Bitwise did a kind of one of those that you just mentioned.
They said if three to four percent of the capital rotates from gold to Bitcoin, we basically, you know, Bitcoin price goes to $250.
Again, that's just gold to Bitcoin.
That's not other assets to be able.
And the PayPal president saying sell your gold and buy Bitcoin.
PayPal president.
I mean, these are like real people that people actually listen to for some reason,
saying things that we like about us.
The broken clock is right close a day, Scott.
Clock.
It's okay, boomer.
All right, Matt, we're going to let you go.
We're going to keep going.
Thank you so much for waiting for us.
See you, make of care.
I don't know why I am not.
doing the thing in my IRA.
We actually had done that.
Listen,
listen,
ADHD podcasters
are the backbone of this country,
okay?
You're talking about that,
obviously.
That guy clearly was all,
no,
he was like the most non-A-D,
but he had...
Middle-aged crypto-K-O-Ls
are the back-money's
that's right.
Hey,
so should we talk about
how epic art public is?
Yeah,
absolutely.
Well,
first of all,
I got really excited
I've had to put our conversation on mute because Scott is so excited that he's texting all day long, 24-7, this trade's gone off.
I don't care about your time, Joe.
I'm getting screenshots of his trades in the chat.
I got up at 3.45 this morning, and the first thing I noticed, I bought a bunch of stuff at 2 a.m.
You want to take it out?
Look at this bottom-ticked Solana, I mean, Bitcoin to the literal penny of that movie.
down at 107.4.
Salana, okay, the bottom was
182. We suck,
so we only bought it at 183.
Heath really awful. I mean, look at
that huge wick that we missed.
Listen, you don't want to buy.
There's sarcasm, guys. Eith, I guess,
went to a low of 3840
since we're basically homeless guys. We bought it
at 3864.
Go back to that's a lot of un.
It's been unloading every
pump right before it drops like it's unbelievable how do you do it i don't understand how do you do it
it's magic you know what i don't do it and i knew you did it because none of i haven't been using
things this is important this is important to talk about here in a public venue oh you guys can see
i got 12 of these things running so before i was like hey i'm in a dollar cost average that was cool
it's not like we've never looked at or used your products here right and the but like when i got this
when I've nailed this, this exact 12 algos in,
and we just actually yesterday tweaked to the intelligence ones.
But, man, it is a sight to see.
It's like, can we buy a little, we sell a little,
there's more cash, it buys Bitcoin.
It's a disciplined approach that you came up with,
that you set it and forget it,
and you watch the discipline happen.
When you see a candle that's very large,
that has a lot of volume and a lot of price movement, that's momentum, right? And when you're on
the other side of that momentum, that's a great spot to be. Why? Because every smart person
that's ever been an investor or trader says things like buy when there's blood in the streets.
That's what Warren Buffett says. So, you know, you have to be counter the mass to be effective.
And so when everyone's selling, which you, in a perfect world, you want to buy on those exhaustion points.
And that's exactly what you set up to have happened for you, Scott.
And the best part is, is now you don't have to wait around for those events to take place.
They happen when you're asleep.
They happen when you're at the gym.
They happen when you're dead.
I can't open my Robin Hood.
I was going to show my Robin Hood.
I can't open it because the AOWS thing is down.
And then I just went to open it.
It was like verify your idea and it needs my camera that I'm using to take a picture of my face.
so I literally can't.
But you guys will see,
like I immediately added 50 grand more
to the account.
I've almost bought through all of that
because I am me.
But you talked about being patient.
I was wildly impatient the first day
for those who don't remember.
And I basically was,
they were telling me,
it'll trigger.
I was like,
no, these haven't triggered in a week.
I back tested.
Let me just unload 35% of the account
above 120 the first day.
So the numbers, I'm up
and imagine how much better I'd be doing.
You know,
I had actually allowed the patient.
Not that I'm mad that I bought Bitcoin.
You know, listen, that was still buying at 120 and 121 instead of 125 and 126.
Bingo.
You know, listen, you can't go wrong when you're buying the dips and you want to own an asset.
That is the proverbial buying when it's on sale.
And most people, if you're honest with yourself and you go back to look at your charts
when you purchased manually, myself included, I typically buy on big green candles because
those are the ones that make me excited.
you don't get excited when you're losing money that's the counter to excitement so why why try to be
real prudent and rational and expect yourself to be every time and attentive when that's just not
humanly possible so setting I would definitely I can knowing myself I would have 100% bought more
higher 100% no no question I would have been willing and listen I thought it actually I was very vocal
saying hey 125 might be a top for a little while we might
range between $100 and $1.25. But like, I wasn't waiting for $100 to buy because I don't know.
It's a good idea. But I'm definitely the kind of person who would be like, I've got some money today.
I'm going to buy Bitcoin and I'm price agnostic, very sailorish.
Yeah. It needs to be said, and this is a, you know, this isn't a commercial for our public.
It's a conversation about what has been built.
And yeah, we've got a team of developers that do a great job of coding everything.
But I do, for the record, want it to be known that Tillman is the brain behind all this.
He's the one that came up with arbitrage, came up with Oracle Protocol, came up with accumulation, came up with our latter strategy.
He's the one that's done all that stuff.
And most people don't know that.
Most people think we've got a bunch of people in a room somewhere, you know, just pounding away on computers.
We do have that.
But it comes from the mind of Tillman.
And it's extraordinary stuff.
I mean, Scott, you're taking the journey of all of our customers, specifically our concierge program, folks.
You see it.
And every single time.
I've done six or seven calls with your guys.
Yeah, you're like, holy smokes.
Yeah, you're like, holy smokes.
you know you wake up at three whatever you did today and you're like this is this is incredible stuff
it keeps buying it keeps uh selling the pops and then grabbing the nearly the absolute lows it's
it's magic and uh so one flowers to tillman and the work that he does with our team but then two
again it cannot be overstated what it feels like to have tools that do the thing that you would
most want to do in this space and then to be able to dial it in however you want to dial it in
if you want it to be slowly liquidating a position yep we can do that if you want it to quickly build a
position yep we can do that yeah i did that yeah i was like i should be buying $10,000 every time one of
these fires on one hour candle right yes the best part here's no wrong answer if somebody this thing
will let you drive the car as fast my goal was to buy one
more bitcoin not to make more money i've said that's a bunch of times i believe it will make me more
money but my dollar balance on this is not my benchmark of success or i wouldn't have been
at the very beginning like let's accumulate a position first so that the thing can actually start
firing well let me thank you for the kudos and i do appreciate it flowers we gave you flowers
flowers we're not kudos yeah well i like kudos too those are those still remember those
Corolla bars, the kudos?
No, good, man.
There's a story, there.
The story, mine.
So we, here's the thing, though.
I'm not taking, I'm not doing anything that hasn't been done in the traditional markets.
These are all things that have been available to the traditional space for a very long time.
And what we're doing is, is we're bringing it to retail, right?
That's the objective here is to break down the walls, the access barriers that to traditionally,
Like what these tools have typically been behind is a brokerage firewall where the elite traders within a specific firm use these tools for themselves.
And they set up hundreds and thousands of purchasing instances.
And they're essentially market maker tools to some degree.
And they do that behind their firewall with proprietary software that at great leaks they go to protect.
this is breaking down those barriers and essentially giving those same tools to everybody so that
they don't have to sit and be a slave to their screen every day that's the the emotional whipsaw
the markets will put you through as a trader is what makes everyone fail truthfully yeah i mean
what were y'all smiling on i didn't read that i don't put that back up to you the important
question for me is the game but don't hear
any banging in the cellar today, I guess.
Freed Sloth, go find a pirate ship.
All the framing is finished.
We, yeah.
What are you building down there?
I don't know.
More stuff.
We're just finishing the basement.
Yeah.
Finishing the basement.
Have you not hurt him on podcast?
And he's got like kids running in the background and like, he's building a jungle gym down there.
It's a whole kids theme park, a water slide area.
You know, it's all.
Neverland Ranch down there for the kiddos.
By the way, the person that sent that message,
I'm not entirely sure if we're allowed to use the word Gimp anymore.
I think that may be off the...
It's a movie reference, so you can say it.
That's true.
Yeah, again, you can't quote Pulp Fiction without say it.
By the way, is this guy using your tools?
Because Tom Lee bought another 63,539,
ethereth worth $251 million.
That's like today.
He had bought a billion more on the dip or something.
I'm actually shocked that someone didn't take the Michael, or the Sailor, Eith Spotlight
sooner, right?
He's the perfect guy to take to do it.
And I'm glad, but he has become Michael Sailor of the theory.
I mean, that's, it's, he's the largest shareholder.
I think they have five percent, don't they have the supply?
Yeah, it was two and a half before all these buys.
So it's got to be climbing.
I just really want to know that if I come to Andrew's house, what's the safe word if I'm
stuck in the basement?
Gimp.
I know what's great on now there.
That's the same word.
That room is read.
He watched a few too many 50 Shades episodes or movies.
I didn't watch the movies.
I read the books, okay?
Should bring that back and see if we can make them uncomfortable?
You know, I'm a mindful individual.
Now I know it's a joke because he's not reading anything.
That's true.
That's true.
I am not a book reader now.
Yeah.
So in all seriousness, we're now Robin Hood, cracking, Gemini, Coinbase.
We do have an announcement.
What jurisdictions are we not covering here?
Well, we're excited about a new partnership that's come to our attention and come to our plate.
OKX is really excited about working with us.
us. And I think there's a lot of potential there, both from, you know, there's a lot of things
they can offer that we've never been offered before. And so I don't want to speak out of turn
and you'll have to wait to hear more details about that. But I do think that that's going to be
an exciting announcement. And I think there's going to be some really interesting things that
come about because of it. Yeah, we're pretty pumped about that. I might or might not have a good
relationship with them. Yeah. Without getting into specifics, there may be, let's just call
and incentive or two associated with okay x that i i think will be meaningful so you know people get
to people get to make their own decisions crack in for canada yeah i was just going to
if you're a canadian jump on uh jump on cracking you'll be good to go get a crack it dude
yeah yeah okay x will be awesome yeah yeah they seem to be um really forward thinking um
and you know what we're trying to do in why we offer our product for free
for everyone to try and it's not a watered down version it's the full unencumbered version so you can
actually see what you're getting into um is that once you try automation you're you're kind of
addicted to it i scott you can probably attest to that more over the last couple weeks than you
never manually doing anything ever again i'm going to get you guys to find something to do dishes
watch my kids i'm automating everything i've done imagine the objective of life was to catch fish
you can stand out there in flyfish very boring very tax intensive from a labor perspective you're sweating
you're casting you're getting caught in bushes you're retying flies it's a pain man i've been a fly
fisherman or if the objective is to catch fish you can put a line in the water with a bobber attached to it
and a worm and you just wait until the bell starts ringing and you go down and you reel in the fish
that's the analogy I would give
as it pertains to automation.
It feels very freeing
because you're doing other things
and you hear the bell go off
and you go, wow, I've caught some fish.
And so that positive reinforcement
gets you more and more engaged with the software
and that's where the story starts.
For each individual, the story's different.
Everybody has a different journey.
Everybody has different objectives,
but this will, to Andrew's point earlier,
help you achieve any objective that you have.
And we're very passionate
about kind of peeling the curtain back on this technology
and showing people that it is available to them
and they can control it.
We don't custody anyone's money.
It's safe on your exchange of choice.
I get that question all the time.
Yeah, yeah.
And concierge members of top 10
are going to get an outing to Andrew's basement.
Yeah, come on, come on.
I'll grill you some dates.
We'll have a good time.
Sorry, Tom, I didn't interrupt.
definitely. I think that governed it. I just think it's once you see it, you'll believe it.
So call us. We've got a ton of great customer support folks that are very passionate about walking you through and getting you set up.
And, you know, once you get set up, it's a, it's not a, your journey isn't over.
Scott has readjusted his algos four times since he started two weeks ago.
Am I weird?
No, you're not weird.
exactly what you're the prototypical customer. Everybody has this journey of, okay, I want to see
a lot of action. Okay, that's too much action. Oh, that's just right action. Oh, that's enough
capital. I want less capital applied. Everybody has this natural evolution of really finding
the sweet spot for them. And that's about a month journey or, you know, I would even call it
longer than that to find the absolute perfect sweet spot. Give it, you know, 60 to 90 days. You'll be a
pro at the software. You'll be able to do anything you want. And then, it kind of makes me want to
see, I hate, I'm not going to say it's out loud because people will be mad. Okay. It kind of makes me
want to see price go a lot lower. Yeah. It retrain your brain. You see dips happen and you're like,
boom, I'm getting, I'm grabbing. I'm getting. I know I'm getting it. Every one of them,
even if they're higher than the next one, because I believe this thing will be at, you know,
$250, $500, a million, whenever that is. And I'm going to be really psyched that I bought it all the way
down, even if it keeps going. Yeah.
In Europe, people ask you, is it available, it's available everywhere.
I mean, it's available anywhere, any of those exchanges are available.
So, yeah.
Not only is it available in the UK, but we have two employees from the UK.
So you can talk to somebody in your native tongue and work on your own operation.
Yeah, we can't, we can't understand our UK.
We use Google Translate when they talk on our team meetings.
But, yeah, you did.
I had to train it for me, ma.
No, but it is going to be, you know, the timing is weird for, you know, for operational hours.
So, yeah, it's, it makes it easy.
Yeah, they live in a dumb time zone.
Like, everybody should get on our time zone because we're the best.
I wouldn't call it that.
Did you know that in Asia, it's like nighttime when it's day here?
In Australia, they literally can't even, like, do daytime at the right time.
It's ridiculous.
In Australia, it's the future.
It's tomorrow.
plus two hours in Australia.
Aren't you right
based upon how close you are to UTC?
Isn't that how they measure correctness?
I mean,
are we like...
Universal Texas.
That's central time.
That's the universal Texas time.
Time zone maximalists are the backbone of Archie.
Off the rails.
Off the rails.
Archpublic.com.
You are this in your time zone, whether it's right or wrong, we won't judge you because we, there's no more cancel culture.
So we can't cancel you for living in the wrong time zone anymore.
And you can sign up for all of this and use it.
And I'm going to just keep sharing it.
And you guys can make it like, okay, if you don't like it or if you do, you can see it.
It's free, by the way.
Use it for free.
If you want to just try, use it for free.
If you don't like it.
Like, I can literally just hear.
I can show you guys the log really quickly.
This is a sole chart, but this is all the times that it's fired.
Yeah.
So far.
It's a lot of action.
But look at the action.
All the buys are at the bottom of big red candles or blue candles of this instance.
And all the cells are at the top of big green candles.
Yeah.
On the 17th, it bought to Meath on the 20th.
There was a slow kind of over the weekend.
You know, it's sold.
And then we bought three times today.
Down here, we were selling things that we bought, sell, sell, buy.
I mean, it's just back and forth, man.
And listen, I have it set so it can't sell below my cost basis.
That's why we're not selling Bitcoin right now, which I don't want to do anyway.
I do have it set up so it can sell a little Bitcoin if we get a massive pump, but only obviously.
But, you know, because we're, it wouldn't be doing this if we were below cost basis, right?
So you know I'm making money.
That's right.
Every single time the bell goes off, you're in profit if you have that box checked in your software
because it won't sell below your cost basis and it won't sell without a meaningful move up.
And you define what that meaningful move up is.
And so Scott has a lot of instances running on different time frames.
But let's just take one, for example.
If it goes up by 2.6% on a four-hour time candle or a four-hour window,
he's going to sell 50% of his last taken position.
So he will take 50% in profit.
if there's a move above cost basis of 2.6%.
And that's why you see those pink arrows all on the upside to the blue arrows because
those are all above cost.
Those are all in profit.
And that's exactly what you're doing is your yield farming essentially.
Even if it was literally like would be smarter than me, even if it was just simply programmed
to like buy the end of a bad candle and sell the end of a good candle, over time,
I bet that would even work.
And this is 10 times more intelligent than that.
It is.
You can't beat it.
I never, ever by the top of a candle in a time period that I've set, ever, ever.
And I can't sell the bottom like a capitulating jackass, which is what humans will do given the opportunity.
They will sell the bottom and buy the top.
I'm not doing that.
It's awesome.
Yeah.
All right.
That's all we got for you today.
We managed to literally just make jokes for like 17 minutes of the 53 that we were here.
At least Matt still likes us because we let him go before.
Elgo traders are the backbone of this country.
Automated algorithm.
All right, we will see you.
We'll see you next Tuesday.
Next Tuesday, I'm going to be the 6 a.m. guy.
I'm going to be in Vegas.
Going to Vegas on Monday at 4 p.m.
1 hour after Texas, probably, maybe 2 hours after Texas.
I'm trying to adjust my mind to Texas standard time.
But Las Vegas time, I'm interviewing Sailor at Money, 2020,
by our side. Dang, that's a big one.
Let's act like it's a big deal,
but we know I'm not going to get to talk.
Ladies gentlemen, Michael Saylor.
That's how I start. And at the end,
ladies and gentlemen, Michael Saylor.
You need to ask them, do you recommend
all private companies
that are accumulating Bitcoin on their
balance sheets smash by at the tops,
or do you think they should algorithmically
buy the bottoms of tips?
And we need to get that clip.
And then,
we'll use it as a promotion of algorithmic trading for retail.
I do think that a lot of people, I've had people tell me, well, I'm just going to buy
whenever I see an orange dot on Sailor's chart.
And I'm going, well, he's buying on leverage.
And those are the points whereby which he gets the biggest leverage or the biggest debt to buy.
Do you have that same advantage?
No, I don't.
Well, then why are you doing that?
No.
What should be notable is that like, you know, with his most recent product,
SCRC. I mean, he's paying a 10% yield. You view that. That means he's willing to like
make his cost of capital 10% probably more with expenses just to buy Bitcoin, right? He's
willing to take basically a 10% haircut. It's pretty incredible. I'm going to ask him about all
of it or if he lets me ask. Try to. I don't know. I might be, they might be like bring out
the gimp at Michael Saylor and then I'll be the gimp and send me back to my base.
after. No, it should be fun. I'm really looking forward to it. It would be great. I haven't
done a proper sit down with him in quite a while. So it should be great. And so I'll see you
at 6 a.m. next Tuesday. Enjoy it. Thanks, Guy. I'm sure I'll be in great shape. It's Vegas, right?
Yeah, you did so well at the Bitcoin conference earlier this year. You worked so great shape
after the third day that. Yeah, I was very impressive.
Go race some cars for us. I'm jealous.
I will try to do that. Yeah. All right, gentlemen, got to go. See you later.
Get back in the basement, Andrew, bye.
