The Bitcoin Group #354 - Bitcoin Halvening - Big B

The Bitcoin Group, the American original. For over the last 10 seconds, the sharpest Satoshi's, the best Bitcoin's, the hardest cryptocurrency talk. We'd like to welcome our panelists, Dan Eve, the crypto raptor. Hello, amigos. Rijal from Swan Bitcoin. Martine Wishmare from General Bites. How do you hope? Want to try Rijal again on mute this time? How's it going? Excellent. I'm Thomas Hunt from the World Crypto Network,

moving on to issue one, issue one Bitcoin prices back above $30,000. But why? The media can't figure it out. But the price of Bitcoin just keeps rising. Could it be because of the Ethereum upgrade? Could it be because of the good news in the stock market? Or could it be something else? Dan Eve, why is the price of Bitcoin going up? Because Bitcoin is ninja. Like

it's very difficult. It's a, oh, sorry, unmute. Is that better? I'm still mute. You can hear. Okay. Sorry. Yeah. Look, the fact is that there's still so much instability with banks and uncertainty. And Bitcoin is, as the time goes on, Bitcoin becomes more of a certainty, especially is, you know, every time there's trouble with a bank, you know, the people find out about Bitcoin, they hear

about why Bitcoin is here. And about how it's trying to cut loose or is cut loose of the helping people cut loose of the control of central banks. And so Bitcoin just does it. I think it does. It's thing. Obviously, we're just, you know, got a half an income coming up as well. So that's kind of, we, we reached a huge, you know, low point or

in December, November of 15, 16 K. So it seems like it's pretty much kind of we, we don't, it doesn't look like we're going to be going back there. So we can retrospectively say it could be this and that. But I think the hype is starting. The hype cycle was coming. There's even like, you know, random news, like news articles coming up from sources. You wouldn't

expect it saying explaining about the harvining. And there, there's this time, they're not mocking it as much. It's more of a, they're taking some of these articles and more, taking more of an interesting talking point about why it's harving and about going into the detail about, you know, the fact that there's scarcity in Bitcoin, which we don't have with central banks that can just print money

off the cuff. Obviously, we've also got inflation as well, which is still pretty high in a lot of places. So that that's another reason why Bitcoin is better to have than then fear money because your fear money is just devalue all the time. So yeah, there's a whole plethora of issues. And it seems like it's resilient to all these crazy articles that are saying that Bitcoin,

you know, boils the oceans and Yaddi Yaddi Yadda. So that's the main thing is that the kind of the positive information, and not just like skewed positive information, but actual information about the good reasons why Bitcoin is around. That's making more of a mark on people rather than just all the negative kind of, you know, earth boiling kind of stories. I love the media's attitude towards

Bitcoin. It's always like a Scooby-Doo villain. They're always like, we almost got rid of that Bitcoin. If it wasn't for you, kids, you just kept talking about it. Otherwise, it would have been gone by now. Rhygil, why can't the media understand Bitcoin? Why do they keep thinking that it's just going to go away and act so surprised when it keeps coming back? I think it's like

many things for the media is, you know, actually intended to understand it. They're probably good or going to understand a bit of it. But they're not, they're just literally simply interested in creating headlines and drama and stories and things like that. So I mean, I think that's kind of the best explanation is, you know, they're just trying to keep confused. So I mean, I think it's

just, this is the way that Bitcoin goes. And as far as the price being where it is, you know, I think the only real kind of explanation I can think of is now, YNB has been made to look like a complete and utter idiot. But we want it to like pump a little so we can like, you know, post more of these like memes, you know,

with a wave coming like so it can go down again and he can look like an idiot again. So I said, you can't do it. Just like let him fall, you got like in the chance to like, through these Ryan, then fall over again, again, again. So I'm very happy about this. I'm looking forward to a little bit of a pullback. So he can look like

an idiot. Men, let's continue over and over again. And, but of course, be one lesson. He'll still have whatever million followers he's gone. So yeah. I'm reminded very much of that Bitcoin comic strip where the price is like 65 K. And there's a huge line at the guys booth and the price is 20 K. And there's no one there at all. The media is always writing

these articles. So they were like, if you would invested in Bitcoin six months ago, this is what you'd have now. And whenever it's low, they're always like Bitcoin looks like it's almost dead. And sadly, as hard as it is, that's the time where you should be investing. And it's almost impossible to do this. That's why we always say dollar cost averaging by like $100 a week,

something like that. Don't look at it. You know, maybe do $10 a week if 100 is too much. Just don't look at it. Because otherwise you'll make high buys and low buys and you'll mess it all up. You can wish mayor what do you think about the price and the media continually wishing that Bitcoin just go away. Yeah, yeah, they can keep wishing there will go

away. But price will go up. It's, it's just something that is short to happen is only 21 million. There'll be no more than 21 million ever created. Right now, we are seeing a lot of problems in the fiat sector. Basically, they've been printing money. And now they banks are, you know, some of them are really not that healthy. So if people are worried, that's best for

Bitcoin. But, you know, I like the Bitcoin price to go up. But I'd rather see the Bitcoin price to go up because Bitcoin is so good. It's a stupidity of form of money. Unfortunately, what we're seeing now is that Bitcoin is going up because how fiat world is turning into a bit of mess. And I don't think that's necessary. It's really good because it will create

a lot of haters and a lot of negativity around Bitcoin. And it might even, you know, get people to blame Bitcoin, even though Bitcoin is not a problem. It's the solution here. And now. Yeah. So, so I'd rather see Bitcoin to go up a little bit slower over time. And without all the media hype. Then what's happening now with a little lice bump stuff. But yeah.

Price will come up. And then we'll continue to go up. That's just we all know that, you know, so yeah. Like you said, keep DTA and your fortunes and just buy some Bitcoin price high, price low, just keep buying Bitcoin. I, for example, I do everything I purchased. There's like 3% in cash back. And I immediately turn that into Bitcoin, not in the shit coin where

I get the Bitcoin where I get the cash back in. But I turn it into Bitcoin. And then I store it safely. And I just keep it. I think doing that. And it really adds up. You know, you forget your even saving Bitcoin, but 3% of all your expenses, that adds up. Yeah. I agree. Martn, we've also seen gold silver, other precious metals having their price

rise. And although it's fun for the Bitcoiners to be right and for there to be inflation and all these things. If you can't buy anything, it doesn't matter if your Bitcoin is worth a million dollars a coin. If you're buying toilet paper at 100K. And I think that's what I'm saying. I'm saying, many whiskey at $10,000 a bottle. Like it's not very fun. Like you didn't

really win anything. The whole thing collapsed. So it would be better if we had a more reasonable transition. Moving on to the exit question, predicting against the Bitcoin predictor ball, the greatest source of all Bitcoin prediction power in all of Bitcoin history. The baldest source of truth. Dan Eve will the price of Bitcoin be higher or lower this time next week. I'm on the op to

Pinstik train. So I'm going to get higher. Higher, Rachel, will you continue the optimism? I'm going to say lower. I think like, like, naturally, you know, it's got to do. The stuff like pulls back a little right. You know, I don't think it's going to go down anywhere near 20K. But I would think like 27 or 26 to 20. It's not bad. Little, little bad to

play with people. And then probably go up would be my pick. But you know, Martn, with the with the tiebreaker. I'm on I'm with Roger on this one. We'll see a bit of a pull back and then it will go up again. But you know, the weekends have to be shaken out first. And now the Bitcoin predictor ball with the price of Bitcoin be higher this

time next week. You may rely on it. You may rely on it. The ball is optimistic. Moving on to issue two issue two Bitcoin is one year away from a major technical event. History suggests the start of another bull run. Yes, the mainstream media, including CNBC, have discovered the haveening. Remember that the price that the amount of Bitcoin being produced will be having, right? The amount

of Bitcoin produced will be going down by 50% on schedule at a according to the block time. That event is called the haveening. It's when the haveing happens. Anyway, you're more interested in the price of Bitcoin, which usually goes up slightly after the haveening. And this time might go up before it because of all the media attention. You don't want a FOMO. You don't want to

be too late to the Bitcoin having when the block reward will go down to from 6.125 to 3 point something, something. A Roger, what do you think about the Bitcoin having? It's a fact on price and now the effect of the media on the price on the haveening. Well, you know, I mean, I think like it's it's a pretty obvious thing, right? Like you kept the

supply in half and like, you know, sure, this trading going on. You know, some of the demand is speculative, but you know, this consistent. And you would probably think growing desire for Bitcoin, right? There's probably a growing amount of people who are accumulating a small amount of the portfolio at the least, you know, to hold the savings or whatever. So you would think, you know, like

simple terms, less Bitcoin equals price going up. But, you know, we're I'm skeptical about this. And I think like there was a good, good tweet that John Cavallo posted today, which I very much agree with the sentiment is like, you know, there is not only 21 million Bitcoins because, you know, as long as you accept custodial services trading, etc. You know, the obviously the amount of

people Bitcoin out there liability for Bitcoin is far and excess of 21 million. I would be sure. I'm not sure if you're interested in by now. So, you know, although the harbing does the thick things, you know, I think it's it's I think it's a simple thinking right to believe that simply the price. The supply gets cut in half and the price goes up double. It's,

you know, the simplest argument right or something like that. I don't think it really works out that way. I think in the very long term, it will. But much longer than a cycle of the harbinger's or the fuckery that happens with paper Bitcoin because most people are here to speculate and they're not interested in holding it so when I said in the moment that you give

it to like we saw very clearly with FTX is about to cheat at the end of it. And I know if you saw how big that the holdings and the liabilities were, I mean, this is happening no doubt on many, many other exchanges right now. And so, you know, it can be less Bitcoin, but, you know, what's actually traded and where the price is derived from,

which is these exchanges. It's not based on on actual Bitcoin holdings is based on paper Bitcoin. So, so I'm somewhat skeptical. You know, I mean, I think it's a good narrative and it is said over time, you think that the attention will reach up, reach out up such where those things will allow up or, you know, others things mean the price does go up. But I

mean, I think as far as I can be just saying, looking at very simple economic terms, I don't believe that's true. That's an over simplification. At the very least for the Bitcoin miners, the ones who rely on, you know, monthly payments to stay in business, the price would have to double. So we'll see how that sorts out some miners do have longer term plans, better financing.

They can survive something like that. But at the very least that is one note to track. Martine Wishmare, what do you think is a paper Bitcoin going to affect the havining? May it might not happen this time? Will there be no? Absolutely, absolutely. You know, we keep repeating on this show, you know, that people have to get their Bitcoin off exchanges, put it in their wallet.

And only then it's your Bitcoin. Otherwise, it's, it's not your Bitcoin. It's just some number on a balance sheet. And you don't even know whether it exists or not. And we've seen enough. Shitcoin, because you know, it's dead. Yeah, a lot of people are saying, that's just a big point. And I think it's just a little bit more like a Bitcoin. And it's like a Bitcoin.

And it's like a Bitcoin, you know, like Rachel said, with the FDX story, and there's many more like it. Just don't trust. Get your Bitcoin of exchanges once you bought some, make sure you actually own a Bitcoin. And yeah, I think it's really important. It's, we come keep, keep, we, it's almost to point that it's become boring to repeat. But we have to repeat it. It's

coming in and it always makes the same mistakes. So go to reputable, reputable exchange and get your Bitcoin there and then get it off there and get it into a hardware wallet, you know, I'm not going to recommend, but we, we've recommended them in the past. So, yeah, price will be affected. And there will be lots of tears once the whole thing comes tumbling down again.

So, yeah, get your Bitcoin in time and get it off the exchange. It's good, not your keys, not your coin. Dan, Eve, is there any way that the Havon could be canceled or maybe we could delay it till later? Maybe it's not the right time to have a Havon. Oh, indeed, indeed. If only we could just put it off and maybe even just make the supply

100, 100 billion so that everyone on earth can get like 5, 10, 10 Bitcoin each. But if only it was that simple. But I do think that whilst the Havon, I think a lot of the effect comes from like the media cycle. And then it goes down the next cycle is 25% and then the next cycle is 12.5%. So as this, this Havon is go on,

there's more circulating supply and the impact of even though it's Havon, it's not going to be that simple. So, that's the one thing, the impact of that Havon is kind of lessening because it is percentage of the overall supply. So, and you look at the trading volumes of Bitcoin a day. So that I think that impacts it, you know, compared to what they actually will do

to this the supply reach in the market every day. I think the impact lessons as we go on, but what actually does it increase is the amount of people using Bitcoin and the important thing is that the business of it and it goes back to that, then you know, Metcast Law, right? I've not had any, I can't even remember exactly what is the inverse use of

network is squarely proportionable to the size of a triangle or something like that. But then ultimately the more value and then we pull people using a network, the more value it has. So there's other things that kind of take over from from just the supply harvining, I think that that make the show give Bitcoin even more value. And ultimately the more people that are using it,

the more people that are using it, the more people that are using it, the more people that are using it. The more demand there is for the Bitcoin. So yeah, I don't know, it's all a bit crazy. But one thing on the previous kind of article that wasn't actually picked up on in any of the ones I read about the sort of the price going up

and what could this possibly be mystical ball, right? One thing that there wasn't discussed in any of these articles was the fact that there's going back to the old argument of price following hash rate. And so recently like the that we're going to be able to see what kind of argument is going to be going up. And all time high for difficulty of like 48 trillion

nearly and hash rate of 343 X a hashes which is within about by 15% or so of the all time high of hash rate. So I think that the price it seems has has slowly crept up on this hash rate that's just exploded out of nowhere. And and yeah, you know, it's just showing that again, the more network, the more secure the network is the more

trust there is in it. The the less chance there is that it's going to be hacked or manipulated. And it is the strongest and you know, most hardcore network on earth. And that's measurability. You know, there's an actual international standing standard of measurability for the word hardcore and Bitcoin is the most hardcore. I hear. Max Kaiser is often said that the price will follow the hash

rate moving on to the exit question Thomas Hunt AKA mad bitcoins has predicted on Twitter that the happening effect the happening bump will happen. Early this time because of the media, do you agree? Will the happening bump happen early around the time of the happening later or perhaps never, Rachel, go ahead. Yeah, I mean, I think that's. No, I'm a standing what I said before about,

you know, the the paper bit coin effect. I mean, it's pretty sort of like you man. And I think we we kind of saw that yes of knows in terms of the last cycle. I think now the the narrative is. I mean, the narrative. Now it was always kind of driven price to some degree, right? That's why Bitcoin is worth anything. But, but, but I think

like it's starting to come up like kind of scarily mainstream now about some. The one that really shocked me in the last like was how many people. They haven't maybe read the book. We're saying things from the Bitcoin standard that I remember you know 2018 19, you know, we're all thinking this is interesting, but you know, it's not going to catch on but how that really

reached even like sports stars and personnel is at a level. So, so I think you're I think you're totally right in that like that narrow. The narrative has been very well steel man by like more, you know, really by the maximalist community and that has really played out far beyond that small kind of bubble. So I wouldn't have all be surprised to see that's true, but

it kind of feels to me like. I was just thinking this like today of. Presuming we're in the start of a bull run or many one or something. Just feel like it's speeding up, you know, these kind of cycles or this now quickly draw downs get drawn down and come back up feels to me like. You know, since I've been involved with like 2014 that things

are kind of like speed. And I'm not speeding up a little as far as only things like play out, but I don't know if you guys would agree with that, but that's my feeling. It reminds me of the movie release window when I was a child movies are always in the theater forever and then someday they'd come out on video now it's like they were in

the theater last week. They're on video next week, you know, you can't even tell. Martine Wishmare what do you think will there be a rise in Bitcoin price will there be extreme FOMO and greed. I don't know. And honestly, I don't know. I don't care because I'm not selling ever, you know, in the past I used to sell Bitcoin when I was at a house or

something. Now I don't. So I just use a Bitcoin back loan, but I keep my Bitcoin. I'm not selling Bitcoin ever. I mean, this is this is. I think everybody go through this whole cycle that that one point you'll just you don't even think about selling anymore. And the price doesn't. Yeah, of course it will go up. But. I'm not even really following them anymore. It's

just like, you know, you can wake me up when we're at the new all-time high, all open up a couple of bottles and then get on with life and wait for the next all-time high. It's it's I think it's it's it's it's it gives you some peace if you're called sneaky worrying about the price. Then yes, it might go up. It will come down. It will

go up. There goes go down again. So now I said, don't worry about the price. Just make sure you get your Bitcoin price will go up eventually. And you know, it might go up a little faster. And I totally forgot question Thomas. Sorry. Dan Eve, do you think we'll meet those champagne bottles six months. Early around the happening or maybe later. Oh, I don't know. I'm

thinking. I know I'm kind of torn right. I think the media is is is whipping is starting to whip up a frenzy a bit early. You know, this is where we're a year away and they're starting to write articles about the harvining. So and you know, these are big kind of these are big big news hours that are kind of covering this. So there's definitely a

lot more. Even I'd say like. Down the down the middle of the road coverage, right. That's not just criticizing or laughing at Bitcoin right now. It's actually covering something that's quite interesting in the cycle. And talking about the history of the history of Bitcoin and why there's a harvining event. So it's more of an educational thing now, rather than just, you know, mocking Bitcoin when the

price dumps. So I think you're right that the media is going to play into it a lot more into that general hype cycle. But at the same time, I kind of think that. I don't that it does seem like. It's after the harvining right that that all the previous pumps have been the biggest pumps have been after the harvining. So whether it's like a short term

after that, you know, it's a month after the harvining or like six months a year after the harvining. Then I think I think it's going to be probably closer to the harvining this time, but maybe not not not before. Now, I think there was a lot of media attention on Bitcoin during the last cycle, but I don't think they believed us ever since the Y2K bug

didn't pay off. They've always doubted computer people. They've been like, oh, yeah, it'll be like why two K we'll do all this work. Well, get ready, get our water bottles and everything. And then nothing happens. So when the last harvining came off without a stop. And when this happening is going to come off without a stop, I think the media is paying attention. They're pumping it

early. And it's mainly a matter of who you're competing with now. You're not competing against you. Some poor unemployed mad bitcoins who has no bags, right? You're competing against banks with giant bags of money. And they're not going to be the last one to the party. And once they start going and they go like dominoes and you see the Bitcoin price rise and rise and rise

and you're reading the article. And you're like, why did this happen with your Scooby-Doo voice on? It's going to be the banks who have bought Bitcoin before you. So I don't want to hear those stories about, oh, I was going to buy Bitcoin, but it didn't hit 10 K or it didn't hit 13.5729 like the chart said. So again, you have a chance. But the thing

is you have to accept that. You've got to accept it that you can't time it right and that you need a dollar cost average. And that's, you have to accept that. Or you could keep trying for that magic number. Moving on, check out worldcrypto net.com worldcrypto network.com. You can get all the videos for free on YouTube. And by clicking them through here, we've got shows, topics

on this day and more at worldcrypto network.com. Moving on to issue three. Big. Bitcoin is rallying, but El Salvador's holdings are still down 29%. As well as micro strategies, Bitcoin, bet is profitable again after the Bitcoin price search. I'm just wondering if we're going to do this the whole way up and the whole way down. The media is constantly going to be reporting on El Salvador

gaining or losing money, micro strategy, gaining or losing money. I wish I had had the ability to buy into Bitcoin at a company size level or a country sized level. But it is interesting that the article writers and the reporters have nothing better to do than write these articles about the percentages and the headlines. Martine, what do you think about the focus of the media on

these two major company sized and country sized Bitcoin bets? Wow. If it works for Michael sailor, it will work for you. But yeah, it's nice to throw around large numbers. And beyond it's like 100 bitcoins now in existence is owned by micro strategy. Everybody was like, you know, laughing at El Salvador at the time. But I think that bet is paid off more or less. I

don't know. I don't know exactly. But yeah, it's nice people like to see numbers like a billion gazillion or whatever. You know, it's, yeah. Of course, you know, I'm counting my Satoshi's, but I'm still happy I count him every day. I just keep waiting for those articles where it's like, if you had bought 140,000 Bitcoin this time last year, like Michael sailor did, you'd have this.

Or if you had bought, you know, whatever El Salvador bought, you'd have that. Like they just so into the large numbers. Dan Eve, what do you think about these large Bitcoin bets? Yeah. And you know, El Salvador, El Salvador was kind of seen as the test bed when they was through, you know, the first country, their adopting Bitcoin. And so they all lies on Bitcoin and

El Salvador with their adoption. And the IMF, obviously, have been, have been itching to kind of to tear them away from Bitcoin. Also, the US as well, like the relations were a bit strained. They were going to default on their bond. I'm not sure if I don't think they don't think they did in the end. They didn't even, they didn't they go. They starting. So things

are starting to look a lot better. Now when when when Bitcoin does pump, right, it's going to it's going to look pretty good for El Salvador. He's going to come out like, and I, and I be Kelly's going to come out on top on that one in terms of taking a gamble on Bitcoin. And IMF is going to end up with egg on their face big

time, especially as they tried to like break, break, you know, El Salvador away from an asset that's actually going to save them ultimately. So I think it's a bet that seems to be paying off. But they are, you know, both a micro strategy and El Salvador or just used as like yardsticks, right, because everyone they're very public with what they're actually buying and what they're holding

and what the prices are, you know, when the price drops, it's like, oh, you know, is El Salvador going to, going to default is, is, is, is a micro strategy going to get margin called. And so we're just going to see this all all the way up until the journalists who wrote all these articles are just going to sit there coughing because micro strategy are going

to be massively in the green and El Salvador are going to be like, you know, play gold plate in their volcano. And all sorts, you know, so yeah, I think I think fair play to him, you know, Michael say it took a huge gamble with with his company. And obviously, you ended up having to step down as CEO, you know, so there's these are a lot

of big things happening. It wasn't just a case of buying some Bitcoin, you know, and sitting on it from your savings. These were very, very big bets that seem to be paying off right now. And there is going to be a drop. And these articles, you know, eventually there'll be a bit of a pump, maybe a bit more before before it drops, but there'll be a

point where it drops again and you'll hear that, oh, you know, will it go down to the micro strategy liquidation level will El Salvador have to be bailed out by the IMF with their faces. But no, ultimately the egg is going to be on the faces of the no coiners. I do think it's funny. We normally think of Bitcoin at a household level where you're like,

oh, went up a little bit. I can buy groceries or maybe I can get a nicer car. But if for someone like Bukelli or micro strategy, it goes up a little bit, they could build a car factory. They could buy everybody breakfast. I mean, it's guacamole for the whole country. You know, it's that kind of celebration. I think for everyone, exactly. They got tons of bottles

on reserve. Roger, what do you think about these big Bitcoin bets and why the media and I guess us are so fascinated by them? Yeah, I mean, like, I think these two people are not people I want to be holding a large amount of Bitcoin to be quite honest with you. Companies or countries, you know, but I mean, this is inevitable. Right? Of course, you know,

at some point, the penny is going to drop and he with access to large amount of money, which, you know, is generally not going to be individuals, going to be companies, countries, etc. You know, we're going to buy Bitcoin. So you can dislike it as much as you can, but this is inevitable, you know. But I think, you know, as you guys touched on as well,

though, as much as you might not like it or maybe if you look at the greatest scheme of things, it's not the best dynamic. I mean, it is exactly as you're saying, part of this as much as you might not like it or hate it or whatever part of the way that the adoption grows. A lot of people got in as they heard about the price,

right? And they heard about, you know, the read about a news story and things that generate headlines, you know, even though a lot of us like Bayley garbage or whatever, you know, the fact is that it gets people's attention. And in the war with them today, it is an attention war and these things, you know, do. They create the attention, but also they give it a

degree of credibility, right? This isn't just some crazy poker guy, you know, buying a tournament. Well, my call my casserole a little bit there. But, you know, some crazy individual, you know, but like this is a company. This is a country buying a degree of credibility, which makes people set up and say, hey, you know, these guys are doing it. There must be something here I'm

missing because I didn't, you know, I don't know Bitcoin yet. I don't see why I would, you know. So I mean, I think it's, you know, although I might not like it, you know, this is, it's important to the, to the new side, it does give a degree of credibility. And, you know, I think there's probably fireworks companies than micro strategy and fireworks countries in El

Salvador that you could think would be doing these things. So if you got it, want to look at, you know, the gas, our full thing, you know, I mean, it's, it's definitely not a bad thing about regard. So, so yeah, you know, well, not not my cupcake and, you know, I think be better of that Bitcoin was distributed amongst people that, you know, we do not

have access to traditional financial system or things like that. You know, it's an important part of the step of getting people's attention and making this mainstream. And as I said, it's going to happen. Really, you like it or not. Companies and countries are going to buy this stuff eventually. And this is just obviously the first step. You know, it is pretty funny. If I'd come along

in 2012 or 13 and told you my company was called tiny strategies. And we're just going to buy Bitcoin and hold it. And you can trust us. It's all going to turn out fine. Somebody did do that. His name was pirate at 40 and he ran allegedly a Ponzi scheme. And he took every buddy's money. And all he had to do was follow his original plan

of just holding the funds. They did actually go up. It was the simplest, like Ponzi scheme. You'd have to do. He didn't have to do upkeep or have any kind of complex financial dealings. You would have just have to hold them, but you couldn't do it. It was easier to scam. Let's move on to the next issue issue for Warren Buffett's back again. I've seen people

do stupid things all my life. He says Warren Buffett double down on his long held Bitcoin and crypto views. He just can't let it go. He hates crypto. He says on the CNBC squawk box. He said, I didn't like chain letters when I was a kid. I thought, why in the world should I send a long a chain letter? I've seen people do stupid things all

my life. And really I emphasize with that. I mean people like to play the lottery. People love the idea that they're going to make money tomorrow. Warren Buffett on Bitcoin. Martin, what do you think about this constant pessimist? The old man yelling at the cloud? Yeah. Somebody please called Jurassic Park because they must be missing a dinosaur. No, it's pisses me off every time. It's just

like make me literally just a picture. I just like skip. If I see this picture or the other one Charlie Charlie munger munger or something. See this picture in the media. I'm like next. Yeah, I'm just clicking. I'm just going to pick up this guy. I'm not going to do it. I'm not going to do it. I'm going to say I don't want to do it.

I'm just going to be a lot of money. I'm going to do it. I'm not going to do it. I'm going to do it. I'm not going to say I don't want to do it. I'm not going to do it. I'm not going to do it. I'm going to do it. I'm not going to do it this. thingy and bitcoin. and this step is not to

say anything. And instead he just keeps opening his mouth and digging it deeper and deeper. And it's almost a bit of a vendetta. Maybe he just doesn't like it because he doesn't understand it. Dan, Eve, what do you think about our good pal Warren Buffett weighing in again on bitcoin? Yeah, I actually, so Peter Schiff, I actually kind of like him because he, you can almost

tell in all of his tweets that he's like, he either has loads of bitcoin, but he just has to pretend he doesn't because he's also, he's also got loads of gold businesses, right? So he doesn't want to, he doesn't want to duff on gold and say, bitcoin's better. So he's like, it's almost like you could, I can imagine him writing his tweets like, oh, bitcoin's so

bad. Like, you know, and he's writing it, but like thinking, oh, it is pretty good. Like do I own a lot of it. I don't want to say anything too negative because I don't want to double price. Like, whereas Warren Buffett, um, you know, he obviously, he obviously has a thing about, he said, didn't he, he didn't like tech stocks, but then he started buying Apple

and stuff. He was originally a tech stock, hey, because you didn't understand it. Now, the thing is, with someone like like that, and I'm sure there's a lot more skill to it than, than, than, than there is, you know, in terms of investment management and stuff. But I think when you get to a certain level, when you are rubbing shoulders with all the people that are

making decisions, it becomes less about skill and about more about who, you know, who's making a decision. And I think that there's around the world, there's lots of examples of this of politicians who are on, you know, a couple of hundred thousand yet a worth hundreds of millions of dollars. And that was their only job, right. Like they're there with the people that are making decisions

that happen in every government all around the world. And if you're at this guy's level and you're rubbing shoulders with giants, you know, who's going to be making decisions, you can make investments investments that that you know are going to pan out well because of regulation that's going to suddenly go your way. Like it's kind of, I don't know. So I'm not taking away from the

fact that he's obviously probably very skillful and, you know, he's the one known as the best investor ever. But I still think that, you know, there's probably a bit less to it than a bit less of it than skill that's been people actually think it's more about just information and and yeah, finding out about what's what regulations can we go and what way and also things

like, you know, if you're, if you're like chatting to like the owners of a company, you have a better idea of their like of potentially their, you know, their, their, how their stock is doing as in selling this, that's in their literal, you know, whatever product it is, how, how many units they're selling a bit than, than Joe blog. So you can be like, well, sounds

like they're doing pretty good. I can actually buy some of this stock before they, you know, release their year end results or whatever. I don't know. Maybe it seems like there's, there's kind of a lot of that going on and as much as there's regulation to stop inside of trading and whatever. There's very clearly a lot of insider trading happening. So yeah. Fucking, he's just a

old saying goes. If you're looking for computer advice, always talk to the oldest man in the room, oldest man. A Roger. What do you think about Warren Buffett and his unusual views about Bitcoin? Well, you know, I disagree with what you just said, Dan, and the terms of like, you know, seeing as the Scradon best or whatever and like, well, clearly no. I mean, like the

guy's job is to make money. Right. It's not to make set, you know, make the world a better place. This is the stuff is job is to make money. Right. That's what it is. It's takes a money, bet on a thing, which is going to make more money and then sell at the time when it's worth more. Right. And so clearly he's wrong. There's like, there's

no, there's nothing more to say on the matter. Right. You know, he's been talking about Bitcoin. When it's a far lower price than it is now. He's had plenty of opportunities and, and you know, it's said I wouldn't at all be surprised if he is buying. And you know, trading the space, but I mean clearly like he's just chittered his job, man. Here's the asset that

has gone up more than almost anything. And he has refused to buy it out of this. He's a man, you know, grandpa misunderstand the technology and now he is poorer than he could have been for it. You know, and so I think it's as simple as that. I mean, do the, I mean, the guy, you know, his guy's this export, you know, he went heavy into

airlines in late 2019, start of 2020. You know, like, this is the game dude, you know, like maybe that was a. You could have said that was based on solid understanding, but you made a bet and you fucking lost man. And here he is making one again and doubling down over and over and over. Maybe you should just say something about the like I don't understand

it. And clearly, you know, I don't understand this makes sense to me, but it's going up. So this is just something I probably shouldn't talk about. Or, you know, like if you were asked me about, I don't know real estate and. That Eastern checkers of our gear, I don't know something like that. Like I don't know the market, you know, I'm just going to want to

get a say. Oh, I don't think it's good. You know, like I don't know, you know, be my answer, right? I can't talk on that topic to better or something. But that's what the guy should say. But he's just running his mouth on stuff that he clear doesn't understand. And so obviously there's an agenda with that. It is, you know, like getting headlines or whether, you

know, he is trading against it or secretly trying to, you know, push it down and you buy more. I don't know. But, but, you know, somebody who's a smart, you know, all these smart things just. Says I don't understand her is not for me. Rather than having this like loud opinion on thing where he's clearly wrong repeatedly. So. It reminds me of a lot of some

of my friends were once they're locked into the I don't buy Bitcoin. I'm not into that narrative. Even if it goes up for like years and years and years and you could have just put your $1,000 in and with no effort, it would have been $1,200, $1,600, $1,200. Maybe it goes up again. And they just have to sit on it and hold it. And you see

like this year, it goes up, I don't 83% in the first three or three or four months. And they're like, yeah, I think I should sell. No, no, you're not, you're not getting what was happened. And it's just, I think this negative mindset gets locked in and Warren Buffett just doesn't believe in it. And he's like, that's part of my core. And every once in a

while I go out and express that. The rest of us just have to deal with it while it keeps going up. And like, like, Rachel said, anyone else would have just surrendered and said, okay, I'm going to put a couple of grand into this and put my exploratory money and whatever it is. See what happens. And if it goes up and you're supposed to make money

as your job, like Warren Buffett, you should be happy. You're making money. It's all going fine. Moving on to issue five, the New York Times skewed Bitcoin mining expose allegedly reveals blatant by it. This a new hit piece from the New York Times allegedly has a cloudy sky added in by the paper of record, as well as other features that have driven Bitcoiners mad with anger

as Bitcoin is blamed for destroying the environment. Let's go to the right. What do you think about the New York Times and coin bases? Very long and very animated response to it. Well, I mean, probably start I should say I didn't read either because, you know, I think both of these are a waste of time. In the sense of, I mean, here is my argument about

this kind of stuff. And you know, I think there are some kind of points to this particular tech that I can out, but I haven't even hired a tree one, which I didn't see a lot of people talking about, which is, yes, this Bitcoin is wasteful. And that's by design, it's wasteful because that's a whole idea behind this stuff. Like, you know, the whole idea of

proof work is that no one gets in a varnish, right? And so the only way that you can do that is by, you know, burning money or burning resources, right? As anyway, give that like people say, you know, it's a waste of energy. Well, like, do you remember to back in the day, queue a coin? And that thing with their like they put that, you know,

that proof work is like folding proteins to solve. I remember. Yeah, there was another one right another one. I remember, but like the idea was this was like, why waste or these, you know, hashing power, we could be putting this energy to something good, right? You know, like making a good use of energy, which is really what this article is arguing. I said, it's a waste

of energy, right? And such a term could exist, right? Tell me subject. But I mean, I think like that, that example is a relatively good one of how you could like, right? That's about the best deal man argument. It was like, you're running computer programming computer cycles for nothing solving minimalist problems. Let's devote those to ones that have a thing like folding proteins for cancer, right?

But what do you think happens in that world? Well, the person that owns a protein folding cancer research company has an unfair advantage where they can run mining operation and massive loss and subsidize that loss by, you know, the benefit of that. Those hashes for their business. And so that means that the money supplies controlled by cancer research companies and this itself, right? So you have

to have a system where energy is wasted and that, you know, no one can get a leg up on a vineage apart from maybe getting access to cheap electricity and you know, I don't really think there's a solution to that problem. But you know, like that, that's, that's the whole idea, dude, as it is supposed to waste energy because that is how you have an even

playing field. And if you look at the benefit of Bitcoin without getting tool, spacey and stuff about, you know, what it means for the world, I mean, I think the amount of energy that it spends for that benefit of like keeping it, keeping all the fuckery out of the money and all the flow and effects of that. It's, it's an infatustible, these small amount of energy,

it's meant for the benefit, you know, so, so I even like to turn that on the head is like, sure, it's wasteful. Absolutely, it's a whole idea, dude. And if you don't understand that, I think you really understand Bitcoin and what the purpose of this technology is. I really do think there's a disconnect with the media and proof of work. They don't understand that it's part

of securing the network. They think of it as more of this like the lottery and it's a waste and it's a fire because so many miners do not win. But at the same time, it's securing the network. And that's where there's proof of stake, proof of work argument is going to keep coming back over and over again. One of them in the opinion of my self

and other people secures the network better than the other. And at that argument, it's going to keep happening. And one of them centralizes the network, which is also a big problem that we're going to see. And, you know, they have an interesting solution with Ethereum getting the money out there, spreading it out so that it's not centralized and united. But at the end of the day,

we'll proof of stake cause that money to reunite into these large accounts that then control the network. Martine Wishmare, what do you think about the New York Times and the argument against proof of the proof of work basically? Well, not specific for the New York Times, but usually if people can't see the value of Bitcoin, then they'll call it waste. It's just like, you know, if

you don't play your PlayStation or you don't like playing video games, then all the energy used by video games is wasteful. I think it shows that they really don't see the value of Bitcoin more. than anything else. Yeah, I don't I don't know any other reason or they have a hidden agenda. They're sponsored by the bankers. That's also another comparison that they don't make. We had

that study that came out of WALACO by one of the Bitcoin exchanges that said that shockingly, and I know they never talk about this in the New York Times, but all those buildings, all those tellers, all those armored cars, all the ATM machines, that uses a lot of power too. And that's never taken into comparison that uses about five times the power of Bitcoin, although I'm

sure we'll get there. Dan, Eve, what do you think? Go ahead. But as predicted on this show as predicted, it's just another big green stick to hit Bitcoin with. But yeah, that article is just like, you know, it's just kind of a bit crazy. Isn't it like it? The way it obviously attacks Bitcoin specifically, they don't, you know, they could go into more details. So they

mentioned about the load balancing incentives of, you know, overloading the the the Texan electric network and the these companies can go take their minus offline. And they get, you know, get they get money back from the state so that the electricity can go elsewhere. There must be other examples of other companies that had to take their take their whatever electric front ex offline, whereas there was

not even there wasn't even mention. So they they use this little stick as a to beat Bitcoin with when Bitcoin is not the only company that had to sacrifice its electricity to help, you know, the rest of the network. But that's the whole point of it being on there, because it's subsidizing the electricity that's there's not being used. And then therefore when the network needs more

electricity, the miners go down, they get compensated for that. Like that's not literally the whole point of it. There's other companies using it that none of that's mentioned. There's obviously the the doctor images and there was quite a scathing takedown of like the photography about how someone called. Rory high side on Twitter said about needed like color analysis showing that there's zero color information below 80.

That's not just a not just a low amount of color, but zero color. But so they've literally added an effect to make it look like the Bitcoin minds producing all this fog. That is the great smog of Texas. You know, the clouds are forming, which is just obviously horse crap because Bitcoin miners don't produce any form of CO2. So you just have to be critical with

it's the same principles going. We've said this before about electric cars. Well, electric cars don't produce emissions, but that's not the only thing that's going to happen. They still use electricity from car, you know, place that is places that use that have emissions. It's some of them, depending if they're not renewable. So, but no one's attacking these particular things. It's just again, it's just an attack

on Bitcoin. There's plenty of industries that we would see as as Bitcoin is that we would see as wasteful or what's the point in even having it, right. And so, you know, but we're not sort of moaning about it. Right. We're not going. Oh, look at the smog that's being created from other place stations being left online or whatever. So it's just the same argument. So

over and over again. And one of my favorite parts is this article pointed out was that about their kind of blade. They were like blaming bit here. They were making the phrases they were using like blaming bit here for driving out the aluminium smelter and and remove all the jobs going. It took our jobs. That's good. No. You know, that bit was nothing to do with

the with the Bitcoin mine. It was 10 years ago, which is before the Bitcoin mine started. So again, all of it's phrased to as a set up to try to make the Bitcoin look bad. And, you know, they obviously did a lot of research, but they cherry picked all their data so badly that it just it was just a clear attack on Bitcoin. And and the

summary, I think it they put the end of this the article about, you know, putting immense pressure on the power grid is another way of saying buying lots of power, right? That's literally it. They literally are buying the power. They're not putting pressure on it. They're buying the power and using it. You know, finding and they're finding novel ways to profit is buying it from buying

power is another way of saying running a business that uses electricity to operate. And that participates in the energy market. So I think there's a really well written article that there's sort of counters the New York Times on. But yeah, it's just it's just crazy that it can be so biased and so blatantly biased. And that's just a thing, right? Journalism just I don't know, just

see every every source you read now, there's either it's either one or another, it's very rare that you see a nice balanced article with actual logical arguments on on either side, you just see attack. And it's not just in Bitcoin, it's everything, right? You know, it's just a very sad state of affairs and you could just be so polarized by sticking to a few sources. But

as soon as you open your eyes up to different sources, you know, some some of it's absolute crap, some of it's not, you know, you get a more balanced view. And then you can make a better judgment. Right. Well, right. I think you're probably just reading one article that literally doctors their images to make it look like the great smog of Texas. Well, I wasn't so

mad about this article is maybe some of the other Bitcoins and I think that's good. I think a lot of the Bitcoins are predisposed to kinda dislike the New York Times and the mainstream media. So they get really excited when it happens to be them writing about Bitcoin. But I think the best part about this is how strong Bitcoin's defense mechanism has got. I wasn't too

cute into it. I didn't really care. But there are hundreds of other people who cared a whole bunch and they went to all the forums and they told everybody and they got this big article written in coin desk and it's kind of a sprawling article could use some editing itself. But they try to take down every point that those nasty New York timers did it and

us Bitcoins and I think that's great. I think there's a great. There's such a strong ecosystem that I don't have to be involved and that other people can just handle it and that Bitcoins huge now and it's obviously I agree with the panel. It was not all surprised by the article. We predicted it here. We discussed it before it happened and to see it happen afterwards.

It's like once again, it's more of this when Bitcoin's low, they tell you not to buy it and they get all these environmental articles and all this other fun. When Bitcoin's really high, they're gonna be like, wow, Bitcoin's amazing. You can do all these things. If only you'd bought it when we told you not to. But let's keep moving. We're running out of time. We got

one more issue. It's one of my favorites called issue six. Goblin. Goblin. It was just about a year ago that Goblin town started to take over my NFT Twitter. Everyone was changing their faces to a nice fun green animated Goblin picture. And they were all in the latest club. Now Goblin town is upset that they're not going to get their royalties when the Goblin pieces trade

from one account to another. The market places have decided to only protect. 0.5% of the creator's royalty rather than their preferred perhaps five or even 10% whatever they've set before. The Goblin town creator and company or whatever they are are changing all of the pictures of the Goblins to an animated middle finger with other middle fingers growing off of it. They're also changing the text of

the NFTs. Martine Wishmare, what do you think about this? Rug pull of rug pulls the anger. Of Goblin town. I don't know. I'm not really into NFTs, but I do have a question. Are those middle fingers considered art or North? We'll find out on the open market. It's certainly terrible. They're being genericized. If you had a middle finger with a hat on it. And I had

a middle finger with the cigar. Maybe we'd have something. But they are wiping out all the unique artwork. I think it's brilliant. It shows. It's just not so permanent and great as they claimed it would be. I mean, I never liked the Goblins to begin with. So the suckers that bought it. It's good luck for them. Sorry. Should have bought Bitcoin instead. Now there are other

options when you make NFTs on open. See you can freeze the metadata in the Ethereum blockchain. It then can't be changed. It will upload your image to IPFS. It also can't be changed. But that's not true. These Goblin town images, of course, Curio cards, one of the first NFTs had IPFS way back in 2017 back when it was still the interplanetary file system. But Dan, what

do you think about Goblin town really pulling a rug on their users destroying their art? Well, I wasn't into the to the to the Goblins and it's actually the first time I've even heard of him. But it does shine a light on how undecentralized some of this is, right? Like the fact that the image that you bought. Or can just be changed. Like that's pretty embarrassing

for NFTs in general, right? Like, but as you're saying, if there is some IPFS and it's and it's decentralized and you know, once you have the image, it can't be changed. Or let's face it, ordinals, right? Ord and all on Bitcoin or that, right? They're enshrined in Bitcoin. You know, so they literally can't be changed. That's obviously a huge benefit over how it is on Ethereum.

It sounds like it's not a complete rug pool. It's just like a temporary rug pool. Where they've screwed everyone around so that they can reissue them with a token via a snapshot. And then they get their NFT from that. And then maybe it is going to be a permanent NFT the next time. I don't know. I don't know who knows. But this is kind of some

of the problems with smart contracts in general is that, and I'm not sure I'm not going to profess and know how how the Goblins are the Goblins have been done. But you know, you can have like a smart contract, which seems legit, but it's done via a proxy contract is that it's upgradable. And therefore it can be changed. And then suddenly like, you know, that contract

that you originally were involved in has been superseded by the proxy by something in the proxy contract. And therefore, you know, there's like that's it, you know, the rules have changed. And that the fact that yeah, it's not kind of truly decentralized. The company can just do this to people and cause this this, you know, this crazy. Heart stopping moment for people that pumped all of

their money into these Goblins. It's kind of it's kind of sad and hopefully. People don't get too stung from it all, but yeah, kind of goes goes to show that that's something's aren't immutable. I don't want to be mean, but I do think it's kind of funny on both sides. It's funny that the people expected their NFTs to stay the same without having them frozen or

written into IPF, IPFS. And it's also funny that this company thought they would make all of their money on the market royalties. It seemed to me just from the beginning and again, I'm not some great hacker, whatever, but I think about things and I'm like, well, if I had a Goblin in account and I traded my username and password to you and you changed the password,

it's as if we've traded the Goblin without using the market because we traded accounts. And that's a very simple thing that would obviously destroy their business model. If anyone ever thought of it, if you're selling something with a major royalty, 10 grand or something, it's easy and it's worth changing accounts, right? Roger, what do you think about the Goblin rug poll? Yeah, I mean, like, I

really followed NFTs. I mean, like, you know, I do believe I think like digital collectibles and something along this line will of course be a thing, right? You know, it's just human nature and, you know, that there, you know, I don't think anything we see today is it for sure, but I mean, there's something in this that will blow up. But for me, I'm just more

interested in the Bitcoin stuff and not to like diminish the idea itself. I'm just having a lot of time with the interest but I mean, but it's interesting to me with this phenomena because, you know, during kind of the last bull run, I was in, in for a good trick of it was in play at all Carmen in Mexico, which is like a digital nomad, we

get a lot of these like, you know, kind of digital nomad types there, right? You know, it's very transient kind of, so in there in Mexico, with a lot of people speaking English and it's quite, you know, kind of gringo kind of area. And so they had a credit on meet up there that I used to, I used to go to relatively regularly. It was just

like a generic meet up, but, you know, it had like 300 people were going. So it was a good place to meet up and do, you know, p2p training and things like that. I talked to a lot of these people about the stuff a lot of them were to kind of newcomers or not particularly fluent with the area, right? And they'd be like, you know, the

tell me all these things by any of these and the artworks and stuff. And I said, like, you know, you don't like own that picture, right? You're on a hash that directs you to open C and they will display your picture. If that website is live and they want to display this picture, right? You don't actually own the picture. And it's amazing how many people that

just blew them on the hand in the thought about having looked into it, but they had all these things to say about decentralization and artists for all teas. And I think this is exactly as you're saying is, you know, the idea is a noble one, right? Is that, you know, like there's the digital realm opens up all these areas for artistic expression and and also some

ways that, you know, perhaps it might break the, you know, the broken or the changed model about artists, remurations, which, which we have as a result of the digital age, right? But a lot of these people, they're not really interested in that. They just see money and they see a way to trade things and that's all they give a fuck about and that's all this is

built about. And, you know, this, this kind of like unhappiness, I think on both sides is a thing of on one hand. Some guy thought they're creating an artwork thing, not because they liked it, but because they're expecting to get a financial gain out of it. And B, I think like, as you said, Martin, like, you know, this really, you, if you own this like middle

finger thing, this is like a piece of art history, man, you know, like this is an NFT. This is a, you know, a very nice, simple form of art, right? Which I think will eventually all evolve to something which, you know, like a majority of people would find a interesting and worthy of some degree of money. And this is like a little piece of, you know,

just like if you had one of these board apes or the crypto punk things, right? You know, that's a historical artwork, which I think will have some value because of its place. And, you know, and this is a part of the story, right? And so if that happens to me, I'd be like, fuck yeah, this is great. You know, this is like something that's how the

grandkids about, which is, you look at other art, you know, that's what gives a lot of, you know, value, you know, that's why you can take a banana to a wall and sell it for money is because this is a story, right? You know, but the fact that you know, these people don't even see that just says, you know, this is nothing to do with artists,

just people trying to, you know, it's the same thing as Outcoins, but an even smarter, more nefarious way of the same thing. I'm like, create a bullshit narrative, flip it off for money and then get out of there before it all blows up and a ball of flames and don't have to last on hold the bag. And that's really what all the shit is, you know,

I think this is a great example of it, you know, so, so it just goes to show how much of a scam the whole NFT space is when you see things like this, which really should, you know, should neither of these two sides should be unhappy with what's happening, but they are because I obviously there is a big to make money rather than like they're interested

in the app. So yeah. It is interesting. How many people believe that they own the JPEG when really like you say they own the signature. I'm so early. I think of myself as a signature collector where I do own the signature. And in a way, I think of it as a double word on the signature where it is, you know, the digital signature, but it's also

like the author's signature or a link between me and the great artist where I'm like, wow, I collected a little piece of of him or hers. It's great works. So it is interesting to see that, but yeah, I do think it's good blow up in a lot of fee bill spaces. Dania more on this. All right. Just you just, Roger, maybe think of the, the, you

know, the banana on the wall when you said that, I remember back to seeing an article. I don't know if it was true or not, but it was like some guy had dropped his sunk his glass is in a, in an art gallery. And when he went back to like find them, there were people gathered around like taking photos of it, thinking it was part of

the display. They were just on the floor next to the wall. Like posing next to it. If it was Eric Andre or the Ali G guy, but he had an art gallery, we had set it up and he went in, like, smashed a piece and like went all over it. And everyone's like, oh, no, no, no. I like, oh no, it's part of the act. Like

you rig the whole thing. So art, art is fun. And now you guys got me thinking I need to buy one of these goblin towns if they hit the market. So I could get my hands on this amazing middle finger design that they've come up with. But we'll be interesting to see how it all sorts out. We're running out of time. Dan, are you ready with

a prediction or a story of the week? Go ahead. Um, but my story of the week of the, the work that I work that I cannot speak of just hit milestone. So that's, that's, I'm just really happy about that. I can't say anything more. But, uh, and then also it's my son's first birthday, which was really cool this week. So yeah, nice. Awesome. Nice. Awesome week

for me. Oh, happy birthday to dance little one. Uh, Rijal, do you have a prediction or a story of the week? Go ahead. Oh, well, on the spot here. Um, no, not really. I guess my only prediction will be that plan B will make a price prediction at the other things going up. It's absolutely the worst time and will be made to look like a four

again. But no, we're a member and just follow a count will continue going up. That would be my prediction. I've seen it with these price predictor guys. They always say that it's going up, but it might go down. It's going down. Yeah. It works great. You're always right every time. Um, Martin, wish mayor, prediction or a story of the week. Go ahead. Uh, story of the

week. I will be attending the Bitcoin 2023 and Miami. I think that's in about a month or so. So, I hope to see you all there and just it's going to be really busy. So just drop me a line if you want to meet up because otherwise agenda full is agenda full, but it's going to be fantastic. No music festival this year, but you know, most

Bitcoiners are really great dancers anyway. So, uh, it's going to be great. It's going to be lots of Bitcoin. Everybody's going to be here. Um, I don't know, Rijal about one Bitcoin last year they had these flights suits, didn't they? Like flight suits and they were walking around. But that was like pretty cool. It's one of the cleverest marketing things I've seen. Instead of getting a

booth, you just have your guys all wear the same suit or whatever it is. Absolutely. We'll see how much. Yeah, much one of those booths of cost. I think it's a smile. That's the boots are expensive, but 80ms are heavy and I can't like, you know, hold them like or put them all wheels. Maybe I should put them all wheels and just reel them in. It's

a now we have a small booth or a medium booth. I don't know. Is it drop by the booth? Say hi. Uh, we're still waiting for some merch. So there will be some goodies for the goody back for everyone. That sounds great. Looking forward to that. And I have a story of the week this week. I want to just say shout out to people. Uh, the

great artist who does every day work. He's done more than 5000s works. Uh, he did a recent one where he kind of references a theorem NFT history. And if you look down here in the right hand corner right above the Ethereum logo is the apple. And we believe it's the apple from Kiro cards, uh, my 2017 NFT project that since got rediscovered. So very cool to

be included, uh, in a people. Uh, so shout out to him. It's very cool. Thanks to everybody for joining us this week. Be sure to give us a thumbs up and put a comment down below, even if you want just put like four. Algo people have been putting just to make the Twitter algorithm YouTube algorithm. Love us more so. Thanks so much for joining us until

next time. Bye bye. Bye. Bye. Bye. Bye. Bye bye. Bye. Bye. Bye bye. Bye. Bye. Bye. Bye. Good bye. Bye. Bye. Bye. Bye. Bye. Bye. Bye. Bye. Bye. Bye. Bye. Bye. Bye. Bye. Bye. Bye. Bye. Bye.