We have no idea what the technology is going to do or how it's going to work, but Tether just proved everything. Tether just proved everything we have been saying as Bitcoiners for years. Among many other things that we have talked about recently, the Strait of Hormuz, AI, stable coins, what's happening across the board. MetaPlanet securing another $50 million to buy Bitcoin, the news of Michael Saylor and strategy and what they're doing a stretch and the amount of Bitcoin that they are sucking up. Peter Schiff even capitulating and quitting at the end of the day. He's done. He is done. He doesn't even know what to say anymore. This can't This can't keep happening. And you're right, Peter. It can't happen. Michael Saylor cannot buy this much Bitcoin going forward because the price is going to start going up even more and more and more and more and more and more and more. So, Michael Saylor's dollars won't buy him as much Bitcoin. Just like you, Peter. Just like me. Just like all of us. Our Bitcoin buys will be much smaller. Our sats we get for our fake fiat cut box will purchase us much less. And that is the inconvenient truth when it comes to Bitcoin. When was the last time you felt like the rules actually applied to everyone equally? Think about it. Not just a political answer. Not a left-right answer. Just honestly. When was the last time you sat down with your kids at dinner table and just felt like the system was actually working the way that you told them it was supposed to work? I've been sitting with something for a little while. Not a price chart though. Not a prediction. Something much simpler than that. So, question that keeps showing up no matter which direction the news is coming from. And that question is this, who holds the master key? It's just a question for you. It's a simple question. Maybe there's one person here now that hasn't seen this content before. Has just getting into Bitcoin for the first time. Whatever it might be. But a literal question. It's not It's not a metaphor. Who can reach into your savings, your bank, your wallet, and make it disappear you even get a chance at it? Well, here's what happened this week that you need to understand. US government told Tether to freeze $344 million in USDT, their stable coin, which again, we have talked about many times. These things will happen. We talked about the UBI. We've talked about CBDC, central bank digital currencies, government currencies, digital dollars, which we've had digital dollars for a long time now. People are used to them. They know how to handle them. Stable coins, yes, I do believe they will train a lot of people how to use wallets and exchanges. However, it doesn't mean that you aren't going to get rug pulled. Doesn't mean that they can't freeze you out of the system. And Tether just did it in seconds. Gone. Now you can argue about whether the money was Iran's or dirty or whatever the official reason was. That's not the point. The point is that there's a switch. These viral moments that we keep stacking. Where these These viral moments will keep stacking on each other. And they will continue happening. The Strait of Hormuz. Money for my enemy. What Bitcoiners believe. Everything right here, right now. Stable coins. Yes, or will there be good come with that? I do believe there will be. It'll be the training. Are there going to be bad things coming from it? Yes, people will get rug pulled. Their accounts or their their savings will be frozen. Their digital dollars will be frozen. Will there be a contrast against Bitcoin to see what is actually happening and your savings melting away? Absolutely. Everyone gets the price of Bitcoin at the price they deserve. They just do. Like it, love it, hate it. That's capitalism. We wish it wasn't the case, but it's it's true. I watched I watched the 2008 bailouts from a dorm room as a senior at Michigan State. Barely old enough to understand what in the world was going on. Understand what I was seeing. I had never been taught about money at that time as a 21-year-old. However, I did know something was wrong. I did know something was wrong. I watched both parties run to the same phone and call the same banks. George Bush and then Barack Obama starting the bailouts and then finishing them. And something I could tell as a child was wrong. 21, I mean, yeah, come on. That was I was still a child. Let's be real. Uh but again, I realized there was something there that no one was saying. That no one was talking about. A young adult, a young person could figure it out. Could figure out what was actually happening. The game wasn't what I thought it was. Wasn't what anyone thought it was. The people I was supposed to trust were protecting something I didn't have access to. And the money in your pocket, the money you earned with your actual time was the last thing anyone in that building was thinking about. The road That road took me a long time, but it led me here. So, it's been nearly 20 years. Everything I see right now is confirming the thesis. Looking at the politics. Looking at the red versus blue, that fake prison of two ideas. People for years saying your money is going to be frozen. Enemies are going to be using Bitcoin. Evading sanctions. All these things. Governments are going to come in. Companies are going to need Bitcoin. Et cetera, et cetera. I mean, how many more times do you need to get knocked in the face [snorts] until you realize you're in a bar fight? How many times? How is that being talked about? I have no idea. I have I have zero clue. But it's direct implications for projecting power. And direct implications for all of us. US military is on the Bitcoin network. Let that land for a second. Think about that. Like it, love it, hate it. It doesn't matter. Bitcoin's for your enemies. Whether it's China, Russia, the US government. Wake up and smell the coffee. This is This is This is what has been being said and talked about for years. The US government is running a node and calling it national security. This is where the puck is going. The software thesis. Not where it was. Not where the headlines are screaming, where it's actually going. And you can still have people everywhere doubting where we're headed and where What is about to happen in the coming years. Positioning yourself properly. Bitcoiners have a duty to become as wealthy as possible going forward so that badasses, let's just going to call it Let's just call it how how it is here. Badasses, morally inclined, ethical people, generally speaking, are wealthier than everyone else going forward. Let's just Let's just come right out and say it. Because that's Those are the people that I want building the future. Period. End of story. So, whatever that means, you need to attain that for you and your family and your posterity. It's that we have a a fighting flipping chance going forward. That truth has a fighting chance. This is This is it. This is the battle. This is the 5G warfare. This is the info war that we are in right now. Making sense of what's happening. But at the end of the day, you don't have to be a hedge fund manager. You don't have to be a four-star general. You don't have to. Stack sats. Produce more than you consume. End of story. Meanwhile, Metaplanet in Japan just raised $50 million in zero interest bonds today to buy more Bitcoin. They already hold over 40,000 coins. And they're aiming for 210,000 coins by 2027. Morgan Stanley, which we have talked about this week as well. I don't know if it was in the Bit Cast or it was on our live stream earlier this week, launched its own Bitcoin ETF this month and pulled in, from what I could tell, $100 million in the first handful of days. Goldman and Schwab are lining up behind them. These aren't gamblers, guys. These aren't crypto bros from 2017. These aren't GMC GameStop or, you know, GMC GME GameStop bros and and AMC. These are people who manage money for the wealthiest families in the world. Where are we going? Every institution that was supposed to be the enemy of Bitcoin is either running a node, buying it, or building products around it, or or charging for oil in it. Any of these have the Trumps speaking at another conference here. The Trumps, you know, coming next week, too. Again. This is the thread in the nee- the needle that has to be threaded. The the imperial, just like America. The imperial uh force or the revolutionary force. Or is it both? That's a largely probably what Bitcoin is. It can be both. Noel Amborski talks about this all the time. You have so many things happening right now. So many things happening. And and building a culture around it. I just talked to Aladdin Flynn, one of my good buddies. Runs what was Bitcoin trading cards, now it's base trading cards. An actual culture, a movement, virality, education from where people actually come in and they get Bitcoin. They grok Bitcoin as it goes up in price. And what actually happens when people get in. Where are the memes? Where's the culture? Where are the cards? How come Aladdin's the only company doing this? How come the there's only people doing this? Where are the memes? Where is everybody? Most people are not We have tapped out. Newsflash, we have tapped out on people that give a about Bitcoin podcast. I know. I run one. People don't care. The average person Again, think of the people in your life. Are they going to go come running to listen to a Bitcoin podcast in the future? In the coming years? No, absolutely not. We're going to get them in other ways. You have to be creative. But the people here now are going to build businesses going forward that are going to touch and reach those people. Guaranteed. Guarantee it. There's massive things happening right now. Tether just proved this. Everything with the Bitcoiners have been saying. The government proved that every alternative to Bitcoin has a master key. And maybe that's it, right there. That's the defining moment. Just like we said the other day, real estate, I come from real estate. I was in real estate for 10 years raising money, doing all the stuff, using debt. Learning that real estate is a hedge to the system. Bitcoin is the fix. Every other asset out there is an alternative. Every other asset. Government proved that every every alternative to Bitcoin has a master key, and you don't have it. The world's most sanctioned state proved that the only rail that actually can't be stopped is Bitcoin. US military put on node and network and called it a weapon. The same institutions that spent a decade dismissing this are spending billions to get in before the door closes. And like we said earlier, Michael Saylor will not be able to get Peter Schiff was right. He will not be able to continue doing this. He won't be able to get this many sats for the amount of currency he's trading for it. He just won't. He just simply won't. So he's right. Peter Schiff is right in that sense. Money is not neutral at the end of day. It's not just paper or numbers or whatever the Fed says it is this week. Money is the highest form of communication in society. It tells you what is valued and what is rewarded, what is real. So Bitcoin itself is not harming anyone. It's neutral in that sense. But the value of it in the way it's going is showing you that it's not neutral. That's what it's showing you where society is moving, where the puck is headed. And when someone can freeze $344 million with a phone call in half a second, it's not just freezing money. They're telling you exactly how much your savings are worth the moment you disagree with them. Bitcoin is the only answer that I've ever found to that problem in 20 years of studying monetary history, gold and silver, real estate, being in those worlds. Like I said, I've I've continued telling these stories of being on Bitcoiners are Bitcoiners because we humbled ourselves in order to understand that there might be something else out there. I might need to learn a little bit more. I have to do some more work. I have not found anything better than Bitcoin yet. Like I said earlier, Bitcoin is the fix to the system. It's the It is the answer to the system. It's not a hedge to the system. And that scares the living daylights out of most people. And we do have to understand that. But we have the power and responsibility to do that as citizens of this world. We can shape it in our image. And I think, honestly, the black pilling and the negativity is what is keeping most of us back. It's keeping society back. We believe we we can't do anything about it. Some of you just mentioned Michael Green that I just had on the podcast dropped yesterday. Got a lot of great comments. You know, people, you know, pouring all over Michael. But again, you know, I think there's a lot of Gen Xers that are, you know, kind of black pilled. I would probably put Michael, God love him, in that category. Maybe George Gammon. Maybe Peter Schiff. These gentlemen who are brilliant people but know so much that isn't so in a way. They haven't fully thought this out and extended it to its logical end conclusion. And they don't have the sentiment maybe of the younger generation uh fully grasped. And they they've done well in the existing system, too. So it it it blinds them a little bit. But we have to go through that fatal funnel. Everyone has to go through the gauntlet. Everyone has to see where the the puck is headed at the end of day. You got to do the homework. You got to prep for the opponent. You have to come thing from things from all angles. You have to be able to look at all these different angles and say, what if this, you know, see it through this lens and then look on this lens and then on this lens and then at that lens and see them play them to their logical conclusion if I look through each of these lenses, five lenses, 10, 100 different lenses. That's what I have spent 20 years doing in my life is trying to look at it from all these different lenses. If this is true, then this and this and this will happen. If this is true, then that and that and that will happen. And you have to go through these thought experiments in order to understand where things are headed. Like I said, Bitcoin is the only answer I found to this problem. And until or unless that changes, until or unless we find some different elements on the periodic table, which, you know, maybe aliens come or, you know, something happens, you know, it's about the only thing I can see. I'm not a believer that that's going to happen. That's a different story for a different day. But until or unless we find some more elements that give us the ability to have something better than Bitcoin. And I mean something that's obviously infinitely, you know, orders of magnitude better than Bitcoin, which we would know about now. I'm open. I'm an open person. When facts [clears throat] change, I change. That's why I'm a Bitcoiner in the first place. That's why I'm here. It's because I changed from real estate. I changed from gold and silver. Facts changed, my learning changed, so I had to change. And I come from buying many altcoins 10 years ago and then doing my work over the next year or two and then getting out of them, converting it all to Bitcoin. Right? These are These are the things, the process you have to go through cuz I am open-minded. Bitcoiners, true Bitcoiners, are open-minded. They are open-minded. They are learning. They are humble. They see things differently. They look into out into the future. But when facts change, they do change as well. Everything happening in the world this week is just one more arrow pointing in the same direction as it always has been pointing. Skate to where the puck is going. Generals, bankers, banks, oil tankers, and trading card companies all found the same ice. The question is whether you were already on it or not. Appreciate you guys a ton. >> [snorts] >> Let me get to some of these quick. It's got a couple minutes cuz we definitely are not doing the Bit Cast here um in a little bit. Uh you should speak at a Bitcoin conference. You have a lot of good information. Well, I appreciate TRH. Um I'll be in Vegas doing moderating a panel. So they invited me to moderate a panel. The um So I will be there next week. So if anyone wants to come see that, um yeah, Kransky. I am always late, though. So it is hard to talk at a Bitcoin conference. Um I was really late today. So I apologize about that. Let's go, Brandon. Midwest picker said, um I had a couple podcasts I recorded today, actually. Um recorded Aladdin, uh my good buddy, uh Richard Byworth, as well. And um a lot of crazy stuff going on. Trying to prepare for next week, too. So I appreciate you guys' patience. Had to jump on the Bit Cast, as well. Football coach said, if you're if you're early, you're on time. If you're on time, you're late. And if you're late, you're running. Yeah, exactly. Uh so true. Happy Friday, Johnny. Great to see all of you guys. Also, going to try to do a live stream for members, it's a members-only live stream tomorrow. So again, appreciate you guys. There's a bunch of you guys that have become members of the channel. It's a couple bucks a month to support the channel. Um and more to come talking about that and what's going on there. But appreciate you guys a ton there and supporting the channel. Do a members-only, you know, chat for you know, an hour or something like that and just hang out. And uh so I'll be That'll be fun. Got to figure out time for that, but I'll put a post out on YouTube, probably, as well. Trini, what is good? We are stacking sats, Hat Boy. What is good, guys? Michael Green, there it is. Yeah. Michael Green, great you know, again, I would love all of you guys' thoughts on that show. Uh I was definitely flat-footed for another hockey analogy. Uh my prior life, obviously, before business and real estate and all that. Uh I was definitely caught flat-footed. I wasn't I wasn't prepared to debate uh Michael. Um but um I guess I should have been uh in retrospect. I don't know what I was thinking, really. I just recorded Pete Rizzo, actually, so I was uh I was a little tired probably and and then um it was good though. I think it was informative for everybody and I think it's just a a problem of not seeing the incentives as a society. And then we kind of asked him like three or four times, like, "Hey, how Okay, I understand what you're saying. I agree with you, Michael." And we spent 30 or 40 minutes like arguing, going back and forth, and debating. And you know, he just still didn't want to see the incentives of the system. And which I I don't understand, really. I thought I thought about this with George Gammon a couple years ago. And you're telling me we need education and better education, but how am I going to out-propagandaize a state? Like, unless I change the incentives, I can't out-propagandaize a state and take the money printer away from them. So, unless you can tell me how to do that, you know, it's going to be tough. I'm going to push back and say that everyone gets Bitcoin today deserves What about the people that steal your Bitcoin? Do they deserve it? >> [snorts] >> Um I mean, in a free market, yeah. I mean, again, I I don't like necessarily I don't use that. I try not to get that, you know, super often everyone gets the price they deserve. Um just in general, Eddie. But I mean, do they deserve it? Yeah, I mean, morally, no, right? But you know, people aren't going to protect their If If you can keep your coins on an exchange, then I guess theoretically, you know, it's Hey, it's Darwin evolution, you know, whatever you want to call it. I don't know. It's the free market. It trains people, right? I mean, it it trains people to have a good security. And I think that's what You know, that's what bad things do. Bad When you When there is bad in life, then we can actually experience joy. And when there's bad things happening, we also get to learn, you know, I don't know. So, law of polarity maybe is is is the is there as well. Uh but overall, Eddie, I agree with you though. Like, I I'm careful with how I I kind of use the price they deserve. That's why I even said it in the show like that, too. Um just keep stacking sats. They can't freeze your Bitcoin wallet. When you guys use self-storage, custody, self-custody, on cold storage, put in your stamp seed, you know, do the thing. Do the thing. Get your keys. Not your keys, not your coins. Spend a couple minutes. Spend a couple minutes, guys. This is not This is very simple. Very simple. Um Yeah, great to see all you guys though. Ron P, great to see you. Great to see you. Brandon is greater than Nico. Who's that? Is that someone in the chat? Not sure who you're talking about, Ron P. Um yeah, man. Brother man. Uh it's good to see you guys. Yeah, 0.1 Bitcoin will be a great and then 0.01 Bitcoin. The good thing is though, guys, remember, we will not have we will not have Things will cost less and less and less in the future though, right? More abundance, nuclear. All these things are going to happen. So, you won't need much Bitcoin in the future. That's why 0.01 Bitcoin, 0.1 will be so so important. It's all you're going to need in, you know, 10 10 20 30 50 100 years. It's all you're going to need. Your family can live on that. Cuz things will be so cheap and so so abundant. Um hey Ron, the last pod was rough. Yeah, I know, Kichuk. Yeah. He caught you off guard. Yeah, he did he did. He he absolutely did. Um and I put it out there. I I didn't edit it at all. I wanted it to be out there. Uh good humbling. It's always good to humble yourself, so I humbled myself a little bit, which is great. And um away she goes. So, I wish some of the reasonable gold bugs would recognize the green energy usage, stop mixing Bitcoin with scams like FTX. Stack sats, y'all. Yeah. 100% Doodle. 100%. I could not agree more with you. Yeah, I don't know why that is. Why people do that. It's annoying. Very very annoying. All right. Um going to Vegas Sunday. Love it. Dinner with Mallers. Monday. Love it. Love it, Ron P. Love it. Um yeah, Doodle. I wish people would recognize the green energy stuff. Daniel Batten, you know, some of these guys, Troy Cross, have done Margot Lopez. Yeah, I just so many so much great work um on this debunking these things over the years. People are coming around. It just takes time. I mean, this stuff takes time. Everything we're doing takes time. Everything takes time. Um Next round. Lerch, great to see you. Later to see you, Lerch. Amazing stuff, guys. Go check out it's a rough go. It's Apparently, YouTube doesn't care though. Um you know, still not uh the video is not doing awesome. No, who would want a you know, a really well-known macro guy fighting with a Bitcoiner? Who wouldn't want to see that? Apparently, YouTube thinks not many people. So, I will say I uh yeah, Spotify, some of these other platforms have really been growing for us and um yeah, this means some interesting things I think going in the future here over the next year here and uh what we're doing here. So, anyway, appreciate you guys a ton. Definitely not jumping on BitKast right now and check the episode out with Mike Green. Let me know your thoughts are. It is a little rough to watch, but um I think all all good at the end. So, appreciate you guys. We'll see you members live stream tomorrow. Pod on Sunday with Richard Byworth. And uh we'll see about a live stream on Monday. I'll be in Vegas, so we shall see. Appreciate you guys.
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