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BITCOIN TONIGHT #20 - SPECIAL: GHISLAINE MAXWELL JOINS US FROM PRISON.
Recorded: Feb. 17, 2026 Duration: 5:55:37Space Recording
Full Transcription
Music Thank you. Music hey jimmy you there yes sir how's it going man i feel like i haven't talked to you in a while
it has been a while i've been getting like withdrawals from the Bitcoin Tonight space. I know. You're going Hollywood on us, man.
Never, man.
Never.
Were you on?
Did they have a space this morning?
No, for President's Day, they didn't.
Oh, they didn't?
Tomorrow, though.
They invited me for tomorrow.
Cool.
I'll show up, man.
You know I'll show up and support.
Yeah, man.
You always do, man.
I appreciate you, man. Yeah. I was just going over some. Yeah, man. You always do, man. I appreciate you, man.
Yeah.
I was just going over some, like, I was just, like, looking over some, like, talking points to see what was going on in the market and just to be aware in case wherever they go with it, you never know.
Yeah.
Anything Bitcoin or crypto related, it's pretty much a given, it seems like, on there.
Yeah, and they go a little bit outside the Bitcoin narrative,
which is kind of cool.
It's a bit more broader.
Yeah.
I saw,
I know the room's still
getting on here.
Larry Lippard,
I heard about what happened.
I didn't hear it though.
Or I only heard about it.
So I'm going to have to find a clip or something.
Cause I'm not, I'm not going to watch an hour of this space or the interview,
but I'll put it in the nest.
I got it.
Oh, wow.
Yeah.
I'm interested to see it.
I heard him just say, Hey, fuck you. but I didn't hear what was said before that.
Oh, yeah. The one that Fred did doesn't have all of that, but it's got a little bit of it.
But basically, he was just fucking poking them.
Because he's been saying it's going to go down to 10 grand.
Really?
Yeah.
Mike McBone has been saying for a while he believes it's going to go down to 10 grand.
And then ever since this downturn from 126, he's really been pouring it on.
And then with Lepard there, he did it again and, like, put it in his face.
And then he's like, he just had enough. He's like, you know, fuck you. He's like, he did it again and put it in his face. He just had enough.
He's like, you don't fuck you.
He's like, that's it. I'm fucking
done with you.
It's funny,
man. It's fucking funny.
I've heard
that Mike McGlone guy say
10 grand for a while.
It's been over a year he's been saying that.
Hasn't it been?
Yeah. He was talking like the last three years like you know same thing with like uh like medals and
different stuff like he's he's i mean he's i guess he's he's he's a good investor i guess i mean uh I guess. I mean, you know, but... Are you talking about Larry and Mike on Macro Monday?
Yeah.
Nice.
Yeah.
You know, sometimes it takes a while for these things to play out.
And that's where they don't get credit.
But, you know, I guess...
Or maybe it's the other way.
Maybe, you know, if you just say it long enough, eventually it comes true.
I don't know.
A broken clock is right twice a day, right? Isn't that? I don't know, if you just say it long enough, eventually it comes true. I don't know. A broken clock is right twice a day, right?
Isn't that?
I don't know, man.
You have to be leery about TradFi guys because, you know,
the whole thing about Bitcoin is, like,
you can just literally just buy and hold Bitcoin.
You don't need a financial advisor.
You don't need any of that.
And it kind of goes against TradFi guys.
So I don't, I'm always leery when I hear these guys
who are completely against Bitcoin
or the guys that are only for Bitcoin too.
That's another thing.
But I don't know, like that Mike McLuhan guy,
I remember hearing him like,
I know it's had to been more than a year ago where he was saying 10 grand,
which is same thing with David Levison, right?
He said 10 or 15 grand last year in April.
It's just wrong.
So those Trap 5 guys, you just.
I mean, but they have both sides they're like you know it
could go down to 10 but then 10 million so they're like they can never be wrong if you make them yeah
you know you're covered on both sides by a large margin well that's the thing about uh levison is
i think he was i mean i mean this is just me thinking i think he was, I mean, I mean, this is just me thinking. I think he was getting on these Bitcoin spaces and telling people,
hey, it's going to go down 10 grand, sell now, and then buy back in later
because it's going to go up to a million.
Like, I don't know, man.
Those guys are.
I got bad news for those bears, baby.
What's going on, Green?
What's up?
You know what the bad news for the bears is?
What's the bad news, Greek?
Chinese New Year.
Okay, starts tomorrow.
The snake is gone.
The fire horse is in.
And the fire horse is bullish as fuck.
You've been Greek.
I haven't talked to you in a while.
Yeah, I've
seen you.
I put you in on the earlier space.
He's been doing a tour
of these alternative
spaces.
I'm seeing which spaces I can get banned from.
So far, I got blocked from Easy, but that's it so far.
You got blocked from Easy?
Yeah, yeah.
He's fucking unstable.
What do you mean?
How did you get blocked by Easy?
What did you do?
What did he say you did?
Yeah, exactly.
No, you said it right.
He accused me of talking over him.
And I was like, but hey, I'm just, no, I'm not talking over you.
And he's like, you're blocked.
He just fucking blocked me.
So I was like, this guy's really unstable.
Like, what the fuck is wrong with this guy?
And then apparently one of the other guys I was talking to he's like oh hey he he unblocked
you right away because he realized he did a bad thing and then uh i think he i commented on one
of his posts he said come on in and i'm like you blocked me uh for no reason i go you're unstable
he's like grow up and be a man and i'm like no man it's good i don't want to be in your life and
that's fine.
Then he blocks me.
So whatever.
He's a little too unstable for me, man.
But that's fine.
Whatever.
I'm not fucking missing anything.
Easy space.
The fuck?
Hey, Bitcoin Bull.
How's the... I'm surprised you're on here.
You're on a trip, dude.
What are you doing in here?
What's going on, guys?
I figure I got to check in.
See what's going on.
Can't be way too long.
Listen, Bitcoin Bull is on an awesome cruise right now, but he's checking in, hanging out
with the team.
That's loyalty.
That's my man right there.
Yeah, boy, my brother.
Did you get all your alcohol
on the cruise?
Yeah.
Well, it wasn't for me. It was for friends.
Allegedly.
Yeah.
So it worked.
You got to
share your trip. I mean, your trick
with me later when you come back
yeah no definitely it definitely works
they actually sell
wine corks and then the caps
that go over them so you could actually
seal them back up so you dump out
the wine you fill it up with liquor
and when you fill it up with liquor you put the cork
back in it and then
the seal on the top of it
hot water and it seals it right back up.
That's freaking awesome.
I love it.
Now, guys, let me tell you what else.
I don't know if anybody else has been cruising before.
If you've cruised before, put it in the chat.
I'm curious if you can go on cruising because I've been on a cruise, but I didn't know about this tradition.
Bull told me about this
duck thing. You're supposed to hide
ducks or something and
people find them. I have never heard...
Has anyone ever heard this before?
No. You don't have
to do it. The kids
like looking for them on the boat.
Tell me what you did.
Tell everyone what you did.
Tell everyone what you did. I'll put a picture of them on the boat. Tell everyone what you did, bro. Tell everyone what you did.
I'll put a picture of it in the nest.
I'll put a picture of the nest.
Oh, it's totally funny.
Jake, you're going to die laughing.
Actually, I got some big ones.
I'll take a picture of these.
I'll put it in the nest.
Hey, Bo, are you in the Caribbean?
Or is that where the cruise is?
Did you go to Europe? Hey, Bull, are you in the Caribbean or is that where the cruise is?
Did you go to Europe or there's another one?
Alaska is another one.
Yeah, give me one second.
Give me one second.
All right.
You know, I mean, I hope you have fun.
I never wanted to go on a cruise. Because I always hear stories, like good stories,
but then I hear bad stories.
And the bad ones are like, hey, you know what sucks about being on a cruise is you're stuck on a cruise with a bunch of assholes.
But I hear a good story.
It depends on, I guess, where you're going.
I mean, the boat's so big, man.
Yeah, that's true.
It's like a city, right?
You don't want to be near some people.
You won't see them for the whole trip.
Yeah, that's true.
You know?
No, yeah, the one I'm on is the world's biggest cruise ship.
It's called Star of the Seas.
Yeah, it's called Star of the Seas.
Royal Caribbean. So are you in the caribbean
it's crazy it's like a city
holy shit there's there's that many people
in there
yeah it holds a lot
a lot a lot
look google star
just see this and we can see all the stats
yeah i'll have to look at that
hey uh kurt how's it going
buddy haven't heard you in a while hey guys yeah going good uh i'm actually just sitting in a dark
room like i'm sure my son falls asleep so i'll catch up with you guys in five or ten minutes
you guys go ahead sounds good sounds. Sounds good. I saw Bitcoin.
Was it Bitcoin Pumpkin?
I think I've heard you on a couple.
Is he still a listener or a speaker?
I don't, I can't tell.
He was a speaker a minute ago.
I heard him on a few spaces.
I'm on a few spaces.
So down over here today, there was a freaking crazy shooting, man.
The whole police department was down there.
It was at this ice rink.
And you'll see it on the news all over the place.
Oh, yeah.
Is that where you're at?
I saw.
Yeah.
Just before hopping on this space i saw it was it the guy
killed his wife yeah his kids and himself right yeah yeah at an ice rink right yeah
yeah it was like 50 police cars it was like nuts wow the whole the whole police department was over
that was going on and then like i was seeing it all over the place on the news.
Just in the video.
They had the video of the actual shooting.
Oh, wow.
Yeah, it was.
It was on the ice.
They were in the middle of the game.
They heard the Chasman.
They went to one side for safety, but that was the side he was on shooting.
So then he all jumped over the thing and skated to the other side of the ice.
He was right.
Wow.
That's crazy.
Yeah, man.
It's traumatizing.
Yeah, that's, man, that sucks.
So anything new on the Epstein stuff?
Shit.
New every day, bro.
Man, that, you know, you probably heard his name on he's on
the his name's uh leslie wexner that's wexner lex wexner yeah i've met that guy a few times
really yeah holy shit he's i i mean i've met him at a synagogue a couple times.
And this is years ago, though.
But, man, I always knew that something was wrong with that guy.
Did you wake up one morning, like, all confused and wondering where you were?
No, I'm not a model.
I was never a model of Greek.
No, I met him at a synagogue a few times.
He, I mean,
he lives in central
Ohio.
I don't live near
him like Vivek, but he lives
in the same county as I do.
Yeah.
Every
encounter I've, like,
he's just a weird guy, man.
I'm not surprised, to be honest.
Once you get that rich and you're like, you know, you've slept with enough women
and then you make your way through the men and then you're just fucking bored
and then they start doing crazy, you know, that's what fucking these crazy people do
when they get bored and they have too much money.
They just, they get, it's like doing too much blow, right?
You just, you get immune to it and you need to fucking move up to higher drugs.
These people are, that's what happens, man, when you're an elitist like that.
You know, it's weird though, because, you know, I'm in central Ohio.
So it's a big, you know, Ohio State, college town area.
And his name is on a lot of buildings on Ohio State campus.
And there's a few of us.
We were like, man, how is this dude's name on these buildings?
Because a lot of us here knew he was connected to Epstein.
But it's just now coming out which is crazy to me because i
we've known at least 10 15 years like this dude has been connected to epstein like he signed
power of attorney over to epstein like and he's a billionaire like he's crazy well that's how he
got his name on the buildings right he he's all buddies with all of them, people.
I wonder, I mean, out of all of the, I mean, what was it, like three, four million documents that came out? I want to know how many are fabricated to throw the scent off other things.
I want to know how many Patsies are in here.
I mean, like, do we really, once again, are we just trusting that everything the DOJ released is all true and there's nothing in there?
Everyone needs to read 1984 again
yeah i i i'm with you there but i i do know less wax on that list and it's legitimate like that guy
everything about that guy from what i've just my i don't know it's like a handful of
encounters like that guy's a fucking weirdo oh I didn't mean with him I just meant in general oh what is he it was he a fall guy right like what how is he set
up to where he he's really you know I know I was on the Bitcoin today and
Simon was on there you know Simon what's his what's his last name
Dixon yeah I think he's right like Lex Wexner is on his way out.
He's an old man.
So it's like, well, yeah, they can bring his name out
because he probably doesn't have much time left in this world.
And then what they said, was it 3 million documents has been released?
I wonder how much it hasn't been released.
There's six million total, and they
just said they're not releasing any more now.
And that's probably
where it is. Just insane shit
on those documents.
I don't know.
It's weird.
I don't know what's real and what's fake, though, because I
see shit on Twitter, and I don't believe half
the shit I see on Twitter. I don't know. But i see on twitter so i don't know but the les wesner is real i can tell you that
i just know that's real there's the another person resigned today over the uh the board
chairman of the board uh for the hyatt oh Oh, yeah, I saw that. Yeah.
So my thing is, like, okay, these guys are resigning from their positions,
but when is there going to be, like, a rest or, like, anything?
Nothing.
resigning from their, you know, their
Resigning from their, you know, their cushions.
cushion, like they've already made all
Like, they've already made all their money.
their money. They're just going to resign and
just live the rest of their lives with
no accountability
or anything? Like, I don't...
Yeah, I mean, and it's ridiculous. It's like,
you're not going to
arrest anybody, but
you're going to make them resign. Yeah. Like, what's the point?
Yeah, like, that's not
a punishment.
Like,
I don't know, man.
So that's Tom Pritzker.
That's who the chairman of the Hyatt Hotels.
That's the latest one today.
We have, earlier in the week was Kathy Rumler,
which was the former White House counsel under Obama, and the chief legal counsel for Goldman Sachs.
Goldman Sachs, yeah.
So she just resigned.
She's resigned, but it's going to be effective in June.
So she's going to carry out some it's gonna be effective in june so she's gonna oh okay carry
out some duties until june i guess yeah but even even corporate level executives like these are
foot soldiers right can freeze our frontline people that are that are going down and taking
the hit so that people feel like oh wow like you know people are being held accountable but this
has i mean these are very many degrees away from the people in the shadows
that are actually pulling the strings here.
Yeah, because most of these people,
I don't think the common person really knows.
Even Les Wexner outside of Central Ohio,
a lot of these people don't even know who they are.
Or that lady that you just said, Jamie,
you said her name and I still don't remember what you just said, Jamie, you said her name. And I still don't remember what you just said.
Like I never heard of her before. Like, yeah.
Like you're like, you hear the name like Clinton and them,
but like, what's going to happen to the, to those type of people.
If it's true, like, I don't know. I saw, uh, was it Scott Melker, right?
Is that his name? Scott Melker.
Where he put a post yesterday where he's just kind of over it, I saw, was it Scott Melker, right? Is that his name, Scott Melker? Yep, yep.
Where he put a post yesterday where he's just kind of over it,
where he doesn't trust anything in the government.
I'm kind of there with him.
Yeah, he said he loves his country,
but it doesn't mean he has to love his government.
Yeah.
We got to spark this conversation up.
You guys are putting everyone to sleep here with me.
I'm sorry, man.
It's not you.
It's just the vibe of the thing.
I know, I know.
What can we talk about that's controversial?
Jamie, fuck you.
Fuck you.
That bullshit that you pulled was not cool.
Not good.
Wait, wait.
Jacob, I put the pictures up in the nest.
Wait, what did I pull?
What happened?
With that bitch on that fucking, that space.
And you were like, yeah, well, you know.
You backed her. I didn't take a side.
You backed bullshit. You fucking backed take a side. You backed bullshit.
You fucking backed her.
You should have backed me.
That bitch is crazy.
Well, we don't need to call her names.
All right, listen.
We're not doing political correct bullshit here.
Okay?
Listen, I didn't think.
Listen.
Fine, fine, fine.
Hold on a second.
Fine.
You brought it up.
Let me respond.
Okay? It was not an issue with me, right? It was between you and her I now if if I came into an argument
between two people that I know
and you know, you've never done anything to me and
She when I was so what happened just for the audience there was an argument between
I'm just gonna to mute your mic so I can talk.
What's that?
What's my music too loud?
Yeah, you're making me a music.
Sorry, sorry, sorry.
No, it's okay.
Sorry.
And then so there was a discussion on another space,
and Aces was with this female Dilly that I know.
I know both, you know.
There was a time where, so during COVID, not only lost both my parents,
my best friend from high school, 30 years, for my basketball championship team,
he died, just didn't wake up one day.
It's crazy.
And I was feeling really down about it.
Like, it kind of really hit me.
And she, I don't know, had gone through something.
She saw maybe some of my posts or something.
She messaged me and she gave me some encouragement,
through that.
And it was really helpful.
And that's all I knew about her.
it was just a moment I was having a difficult time.
Some virtual person on here who noticed it and stepped in and just felt
compassion for a stranger and was just encouraging me to to find some meaning
in it okay all right but here here's the thing hold on aces let me just i'll wrap it up then
you can take it so then these two are arguing on stage and they've had some personal beef
nothing to do with me all i did it was jump on and say just just want to give two you know because
you're kind of getting a little jumped on and i said uh you know just for two say, just want to give two, you know, because she was kind of a little jumped on.
And I said, you know, just for two cents, I just want to give a context. I don't know what this is about, but I do want to at least offer my experience with Dilly. She was there
for me during a personal experience. So I know this side of her. And, you know, if there's another
side of her, then certainly can talk's another side of her then certainly can talk
about it but i just wanted to give a balance so that they she didn't just get piled on so that
was the only reason i jumped in for that and then i and then i left it alone it see it seemed very
one-sided and i've always had your back and i'm a team player okay but here's here's the reality, all right? So I own mining companies in Africa and in South America.
And in 2022, okay, when spaces got hot, okay, I had like 100 followers, all right, in 2022.
okay and then when oil went to 130 and and and and uh nickel and cobalt all the stuff i make
the copper the zinc the manganese i make all that stuff okay in africa right when those metals got
hot i got sucked into a uh one of these spaces and I had like 2,000 people every day
asking me questions about this and Africa and Congo and Zambia and all this stuff and everything
else. Good. So I was in Corona Del Mar because it was COVID. I had to leave Africa.
My children live in Newport Beach, Corona Del Mar, okay?
With my former, my ex-wife, 20 years.
So all of a sudden, I got like 12,000 followers.
And I'm like, okay, you know, whatever.
I'm just asking questions about the mining, you know? And some guy DMs me, which is why, by the way,
my DMs are shut off now because I don't want that nonsense.
So some guy DMs me and he says,
hey, I've got a $500 million hedge fund and this and that
and all this other bullshit.
I was a hedge fund manager
for 10 years at Bear Stearns when I retired in 2000. Okay. So I'm from the hedge fund world.
I've been a CEO for 25 years. I've raised about $600 million, you know, from hedge funds.
So I get this DM from this guy. Hey, I'm a hedge fund manager, I got $500 million and this and that and all this other bullshit.
So I says to him, you know, I'm thinking about going to Guyana, where I am now, in their Amazon rainforest.
Guyana, right next to Venezuela.
So I'm sitting here now, and I said, this is in 2022.
I said, I'm thinking about going to Guyana and, you know, start making some gold.
I had all my own money.
I had everything.
And he's like, no, let me give you, you know, some money.
You know, let's do this.
Hedge fund, blah, blah, blah.
I said, well, I've been doing this my whole career.
Let's go.
So we entered into an agreement for $1.5 million.
And I was putting up most of the money.
That was a fraction of the money.
And he put in 50 grand.
And then, you know, my lawyers, my accountants, my lawyers, my accountants,
my lawyers, my accountants, my lawyers, my accountants,
all this other bullshit, for two months, I said,
buddy, you're out.
Goodbye.
Let me give you your money back, your 50 grand.
I offered him.
I got an email sitting right here.
Let me give you your 50 grand back.
And then he sends me back things saying, no, I don't want my 50 grand.
I want 15% of your company.
I said, well, we did not have an agreement for that.
That is nowhere near the agreement that we had for the 1.5 million
you can't just make up your own shit and then he puts a lawyer on me and i told the lawyer everything
i'm telling you now and the lawyer disappeared then he put the sec on me i told the sec everything
that i'm telling you now and they they were like, you've done nothing wrong here.
Right?
So now this lady, Dilly, is running around telling everybody that I stole $50,000 from this guy.
Which couldn't be the furthest thing from the truth.
Right?
And every single time I get on a space and she's there, you know, she does the same thing. It's like a smear campaign. You know, I've got all the documents here. I've got all the paperwork. I've got the emails with the SEC. I've got the emails with the lawyer. I've got everything.
And, you know, so when she did what she did, Jamie, which was a deliberate attempt to mislead the people on the thing here, okay, I had to put my foot down.
And it seemed like you took her side.
So I apologize for that. But just so you know, if anybody, right, wants to see any of what I'm telling you right now, I will give you my phone number here publicly, my email, and you can contact me and I will show you everything.
Hey, 3H, I don't need to say that.
All right, good.
So that's the end of it right there.
All right.
Jamie, I needed to get that straight with you.
You understand?
Okay.
Listen, being in financial services, I get it.
When you get a U4 or a U5 or some kind of disclosure on your broker check,
it can be a problem for future business because clients get to see that.
They don't understand the context.
Well, you're
entitled to a rebuttal right you know what i'm saying like in in law right you know like if
somebody makes a claim and says something in a court or or wherever it may be you know in the
public court like this is a public court here right right? The court of public opinion, right?
You're entitled to rebut it.
You know, you should be able to rebut it.
And that was the thing like with J6,
they held that hearing in Congress,
but nobody had an opportunity to rebut the fact,
what they were saying.
So I just wanted a fair, clean, bright-eyed, bushy-tailed opportunity to
rebut the claim. And you gave me that, and I appreciate that. And we don't need to talk
about this anymore. Let me say one adjacent thing. How calm and articulate and measured your
conversation tonight
had you
I think it would have benefited you if you had
the same demeanor that night
there was a lot of C words getting yelled at
a lot of things that you were really upset
dude I've been dealing with it for four years bro
and she's an agitator
she's like no different than
one of these guys at the ice
center with a horn sitting there blowing it in everyone's faces i don't disagree all i'm saying
is how you're coming across right now to the audience here just it comes across much more
credible and composed and then you're very unhinged and emotional in that space i'm just saying i'm
dealing with it for four years i just i'm like i can't i can't i get it but you follow you know
but but i i get your point and i and i appreciate what you said yeah um it's all about giving people
space you know to to communicate you know what i'm saying yeah and you did that here and i
appreciate that thank you yeah absolutely i'm actually and you did that here and i appreciate that thank you
yeah absolutely i'm actually glad you brought it up because it's uh you know that was the last
experience that i had seen with you since you've done you know since uh you know that went on i was
pissed at you i was pissed off at you yeah no seriously because you were like well you know
you didn't say anything about me you were like like, well, you know, Dilly, you know.
And I'm like, fuck you, motherfucker.
Like, we're supposed to be bros.
You know what I'm saying?
That was not a bro move, what you pulled there.
I get it.
But, like, I walked in on someone getting, you know, pummeled with the C words.
And you were just hammering her pretty bad.
So you didn't need any help on your side. You were pretty.
Bro, she doesn't even know the name of my company. She doesn't know the name of his company. She
knows nothing. All she has is some buzzword that she pulled out of, you know, who the hell knows
where and has been saying it for four years
every time I go public in a space.
Now, the other thing is,
is that she, two years ago,
it was, so my son, my son has schizophrenia, okay?
In fact, he's here with me now in Guyana.
He's sitting here in the next room.
Thank God he's safe, right? So, you know, he's
had some dicey shit, you know, that I've had to deal with. Okay? You know, so she made a public
post. This is how I got to know her. She made a public post. I was just reading my thing there on the Twitter,
scrolling with her thumb down and looking and looking.
And it said, I am suicidal.
Now, my son has dealt with circumstances related to that.
And I've had to get into action and do things and stuff.
And she put on the public thing there, I'm suicidal.
I sent her a DM.
I said, hey, if you're really suicidal, here's my US phone number.
I got a bunch of different phone numbers, right?
Here's the one for the US.
Call my US phone number.
And you can't be thinking that way.
And then she used that against me. Like I was a creep and this and that.
But it was me trying, you know,
I just happened to be looking,
I don't even know this girl, you know,
somebody says they're suicidal to me,
I don't care who you are. Fucking call me right now so we can talk through it i don't give a shit who you are
anybody suicidal right so here here's my phone number call me if you need you know to talk
and stuff right so she then she says oh he dm'd me with his phone number and, you know, like creep this, creep that.
I'm like, creep what?
The fuck are you talking about?
I'm 10,000 miles away from you.
Now, she was supposedly in San Diego as a hairdresser.
Then magically, she disappeared from San Diego to new york or something and has nothing to
do with the hairdressing that's just from looking at her things that she puts there on her thing
you know they're her profile or whatever right so so i'm just wondering like you know listen
if she's got a fucking mental illness i'm happy to help you know i'm happy to
help she can tell her story but i think there was some kind of like um safety issue and family
issue that she was trying to protect herself from so she had awesome some probably some reasons for
maybe yeah okay well listen you know again i really don't give a shit but i'm just saying
you know who who you know you know don't be fucking shit, but I'm just saying don't be fucking
pointing your finger at me.
Who the fuck are you?
Did you guys see that call with Dave
and I think it was Larry and Larry told the guy
he had a
F off?
Where were you, Greg? We were just talking about
that like five minutes ago.
I didn't think, I just
was trying to change the subject of this one to be
honest yeah let's let's change the subject yeah please please can we uh change this but before
we do three aces i got a business proposition for you you you provide 1.5 million in capital
and i'll provide 50 000 and we'll go into that's a great point, Diego. Why would you take 50 grand for anything?
It's a good amount.
No, no, no.
Because what happened was,
so I was in California.
I was in Corona Del Mar.
The Greek doesn't want to hear it.
Forget it.
So I was in Corona Del Mar
and this guy texts me.
He texts me and calls me.
And I said, I'm thinking about going to Guyana.
Thinking about it.
I wasn't even here yet.
So it was before I left to Guyana from Newport Beach.
He wanted to put this money in.
I said, well, you know, I said, I got to go down there.
I got to open a company.
I got to buy the equipment.
I got to do all this bullshit.
He's like, no, no, well, let's enter into, you know,
it was like earnest money, right?
And so when I got down here, by the way,
it was less than a million and a half that I needed.
It was only a million.
And I told him, I said, listen, I, you know, because what I was using,
I was using all the prices from Africa that I had for, you know,
excavators and dump trucks and stuff.
I said, I think I could probably get it done for a million, not a million and a half.
I said, I think I could probably get it done for a million,
not a million and a half.
Let's talk about Bitcoin.
Let's talk about Bitcoin.
So tomorrow is Chinese New Year.
Listen, tomorrow is Chinese New Year, the year of the fire horse.
Historically, the sign represents a galloping market, fast moves, and bold risks.
With the horse being a yang animal, the energy is shifting from cautious to aggressive, baby.
Trust me, bro.
I've been on the phone with China all night.
I got 17 containers, 40-foot containers, and 41 pieces of heavy equipment sitting in China right now.
And we can't get a ship because of this goddamn Chinese fucking New Year.
Jesus Christ almighty.
I heard somebody, that's funny.
I heard somebody said that futures are open.
Are they open?
Really?
I think they're slightly green.
At least my overnight stuff looks slightly green.
Talking to Sam earlier, the way the markets, everybody is overly neurotic, it feels like.
everybody is like overly neurotic it feels like it's like every single week we're like
clipping onto headlines or trying to see what numbers are like and
futures are down futures are down oh it is now yeah on the nasdaq about a half a percent
yeah so like neutral 20 basis points on the DOW.
But to your point, Greek,
I do love how Larry kind of blew up on the dude.
That was awesome.
I mean, honestly, if anyone has listened to McGlone for the last couple years,
he's like that nerd
who's been trying to be right
for the longest time.
And you can tell he is sniffing his own farts at this point.
He's almost getting off on the fact that things are dropping and things are bearish.
And it's like, I just feel like that's going to have to turn on him at some point.
What I really loved about it was that there was finally a public pushback
like it was literally he told him to fuck off like every that's how sick we are the fucking
these guys right and he's finally the first one who just literally tells him to fuck off and then
dave go and creates a little video to explain it and dave talks about it too which was really
another pushback it was it was just really awesome I really enjoyed it. And it made me feel good. Now I was like,
fuck these guys. Like, yeah, I mean, we know why Scott brings him in there because if you,
literally, if you have four Bitcoin bulls that are all explaining the same thing, like,
yes, the show can get a little boring at times, but yeah, I mean, he's just, he's at the point
where you can tell the way he smiles when
he talks about oh cryptos are unlimited and cryptos are going to zero and things like that he wants
this he's rooting so hard for this to fail and he's hitched his wagon to it at this point with
how many times he's you know has the headline above him that says it's going to 10k so yeah
it's usually when people's faces get ripped off in
the opposite direction yeah i think he knew he was gonna get a rise out of out of out of him there
especially when he interrupted i just really enjoyed hearing uh larry tell him to off a hell
of a lot more than i liked the cheating canadian curler telling the swede to fuck off. So Mr. Pumpkin, is this guy bearish on all crypto or is he like on those?
He's he's he's he's he's he talks about it being a good trading environment.
But he feels like some zeros need to be taken off the end of a lot of cryptos.
He thinks the Dogecoins, the Shiba Inos and things like that need to go to zero.
But the problem what he does and when he explains it,
he says, well, Bitcoin and cryptos are unlimited.
And that gets people pissed off because obviously Bitcoin is what he means,
like the supply that you can create a coin in seconds
and keep adding it to pump fund and keep adding it to pump fund.
And that's when he talks.
But he loops it in with Bitcoin sometimes
because he knows he's pissing off Bitcoin bulls um that's how he explains it scott brought in a good point
after though in context i thought that was really timely where he said well you know listen mike
you know you could technically say that you could uh uh you know spin up unlimited tech
traditional tech you know triadfied tech uh companies the same thing so you know, spin up unlimited tech, traditional tech, you know, triadfied tech companies.
It'd be the same thing.
So, you know,
because he's talking about the broader
asset class of cryptos,
you can make as many tech companies.
Oh yeah, SaaS startups
popping up all the time still.
The one thing I will say about
McGlone is
in 2020-21,
he predicted well before
many other people that we were going to,
you know, like he was bullish. He was predicting to go to 100,000 as early as 2021. Now he wasn't
right then either, but he was directionally bullish. Now he's directionally bearish. So
I don't think he doesn't believe in Bitcoin. I just think he believes in markets and technical analysis. And that's what his experience is.
Warning signals are going off, all of the things he watches. And I think, I can't remember, it might have been like the day before 1010. It might have been like on the 8th or the 9th. He was on with Scott and them and was like, I would sell everything here. So it's like, since that moment, he's been enjoying the blood in the streets.
And he says, he's like, I take profits.
I'm a traitor.
And he's still like-
Yeah, but check this out though.
You want to hear something as equally as crazy, Jacob?
Listen to this.
So Jordy Visser, he goes to go on talking about gold and silver.
And so he projects that silver is going to go to $500 to $800 future price.
And he thinks that gold is going to $10,000 to $20,000.
So, you know.
When?
Did he give a time frame?
Of course not.
Jordy's had a rough year as well.
The same thing with McGlone.
It's the same shit.
It's like, you know, it's like, and Levin's.
You keep doing this.
You know, you can predict, you know, yeah.
Eventually it will be 10 or 20,000 because there's always going to be debasement.
And if you live in a world where Fiat's part of the system, then, yeah, it's always going to go up.
So, yeah, at some point you probably would be right.
Mark this down 10 years from now.
I've been talking about this for 10 years and no one ever gave me credit.
Like, yeah, this is just like a timestamp.
So to me, it's no different than the $10,000 Bitcoin.
And not that I'm predicting that it is going to do that,
but it does not have any, price has nothing to do with the network.
So it doesn't even matter.
You know, the –
It's a false errand anyway.
It's just what do you gain from it?
Nothing.
Yeah.
Yeah, well, yeah.
I mean, that's all we talk about.
So, you know, I mean, somehow it always comes back to price.
You know, but I –
Jamie, so this guy was bullish in
2021? Was that when Momentum came back
into Bitcoin?
Well, 2021 was the
peak of 69.
8K run to 69.
Well, 65 and 30, then 69.
Yeah, I guess my reason I'm saying that is
because I've been seeing a lot more
is like these podcasters,
they're easy to come out of the woodwork, like when it feels good or feels bad, you know?
He's been speaking about it for, you know, good, you know, probably, I don't know, maybe years or more now.
Okay.
Well, let me put this way.
Well, let me put this way.
I guess I see it.
I don't think we should give people credence how long they've been in the space.
And that's not directly towards him.
It's just I'm seeing a lot of individuals who they spout which direction.
And I know that's all we talk about is price.
But Bitcoin is fundamentally, it changes, it's evolved.
It's a living organism.
I mean, that shows with hashrate coming on and off.
And stock to flow is just like, you can't really model this shit.
I don't get why people try to.
Well, there's still a fundamental misunderstanding, too.
My father's financial advisor has been trying to get me away from Bitcoin and away from cold storage,
of course, because he wants he wants my money going into his firm. And the way he talks about
it is still very like, I've seen a million of these Bitcoin things come and go over my last 40.
I was like, you've seen that's like seeing like saying you've seen like a million Model T's or, you know, a million light bulbs or whatever like that, like the revolutionary technology.
You've seen this a million times. And it's just there's still a fundamental misunderstanding of what Bitcoin is, what the underlying tech is, complete digital scarcity.
the underlying tech is complete digital scarcity like some we always hear that like oh institutions
are coming and you know um you know home offices and there's still so much that needs to be
like understood from a traditional financial advisor like even willing to test the waters
with something like this.
They have no idea what it is.
And you know what's interesting about that pumpkin?
Because all these other older individuals who are spout,
I guess,
gold and silver because it's maybe easier to understand.
I think something that's unique to,
but not discussed enough about is like the newer generation is digital.
Like I bet you,
if you're to ask somebody who's like maybe six,
15, 16, they probably heard of Bitcoin. They probably understand it somewhat or utilize it. your generation is digital like i bet you if you're to ask somebody who's like maybe six 15 16
they probably heard of bitcoin they probably understand it somewhat or utilize it right like
i feel like it's the older generation who still like has that technology curve in addition to
like the level fundamentals yes and that's why the other day i don't remember it was it was a
girl who was on here who was kind of going back and forth with me about, well, it's not, retail is not going to matter ever again. And I'm like, well, hold on a second. Boomers have
the highest concentration of wealth out of anybody. A lot of that from an asset perspective,
from a property perspective, that is going to be passed down over the next 20 years as the boomers pass away, like to, it's irresponsible. And I, and I believe
like 40, 40%, I don't remember the exact number. Don't quote me. It was like 45% of boomers have
some sort of wealth advisor, even from the lowest level Wells Fargo, all the way up to the, you know,
the Morgan Stanley is et cetera. Like if you think you're right, the younger generation is not going
to be looking for alternative assets and things like that. I'm sure some are going to say, yep, let me just go SMP all theTs, right? Like things like they,
they are going to learn about this and understand it. It's already being like,
you've already seen there's some colleges starting to teach courses on Bitcoin and things like that.
It's everyone's job from a retail perspective as well, to get the word out there to help people
understand to hand out books to send people audibles, things like to get on these spaces.
So retail will absolutely when when it's absolutely scarce, retail will absolutely move the price
at some point when boomer wealth is transferred down, when these people get into their prime
earning years in their.
Sorry.
Yeah, no, no, no, just to jump in.
Like, why?
Why?
What does that have like it's just interesting hearing that.
I mean, like, do we, do we hear any, like, maybe they do.
I don't know.
I'm just asking.
Do we, do we hear this from other assets?
Like, we need our, get our Apple, you know, once people, you know, we need to send out
PDFs and show people what these, our Apple products are and why let's get those NVIDIA
cooking guys together about our
chips.
And I think,
yeah,
I think,
I do think there's a technological hurdle,
Jamie,
like for instance,
went down to New York the other day,
this is my girlfriend and ran into this family friend of hers.
He's a trust fund baby.
but he's about 80 years old and he wants to know Bitcoin,
but like to do,
he's just so old.
He can't understand the concept, um, from like a technology technology standpoint so i think there is like a little bit of a hurdle
why does that matter though like i'm just asking like like no no one knows no one knows
technological you know anything there's no good stock well i guess my point is is like
going back to peter lynch right like invest
in what you know well like i think there is like an adage to that is like if you don't understand
something like why the fuck are you putting your money in it right like i think it's still a very
misunderstood asset yeah again i i don't think anybody knows about uh the mag 7 and their
technical advantage and they just they believe in the leadership and that i'm buying the stock and you go do what you're going to do
and make the company more valuable.
I guess my point is, Jamie, even
if you're 80, you've
heard of Google, you can use a Google browser.
How easy is it for somebody who's older
to go utilize
a Bitcoin wall? It's probably
not the easiest thing in the world. Or copy an address.
But they don't need to. Do they?
Well, I mean, if you never use it, I don't understand what it is.
You don't need to.
My point is...
You can buy the ETF.
That's value into the market cap.
Yeah, but there's different levels of it.
There are the people that...
No, I understand that.
I'm not asking, do you need that? I don't hear this from any other asset. Wait, what do you people that you know i understand no idea they go you know do you need
that right like we i don't hear this from any other asset that wait what do you mean that you
need that explain that to me in a little more detail do like any other asset people are buying
that is it like it's we buy the stock and then the company markets it uh and drives value like
but it's bitcoin it's on us to do like i i guess my point jim is like easier
to touch those products like i i don't think people have a good chunk of money are just going
to put blind faith into something if they don't like truly understand or can like can touch the
product and i think it's very hard to touch bitcoin i get it i'm just saying i i don't think
they understand those products either hey jimmy. What about like Nike or something like that?
If like if you were an investor in Nike and you're like, well, I read the Phil Knight book.
I read Shoe Dog.
Like I know when a lot of the new apparel is dropping.
Like I think this is going to do really well.
I also look at their, you know, I also look at all of their numbers from a company.
Like there's absolutely people that go into rabbit holes on companies that they invest in.
But then there's also the more passive people. Like I have friends that they don't they don't care what it is. They just
they go into the same stuff their dad did. They go into the same index funds that, you know,
everyone in their family has done and they don't really pay attention. It's kind of a set it and
forget it. But when we're we're trying to go through so many headwinds right now from an
adoption standpoint, and there are some other layers of Bitcoin besides, you know, the magic
internet money when like there are deeper levels of understanding that unlock. Everyone knows when
your eyes get wide of like understanding, you know, what the system actually is and the history
of, you know, money and everything like that. Like there are different layers of Bitcoin that
awaken you. And that's when everyone knows, like that's when your allocation went from one percent to five percent holy shit i'm 500 hours in on this i'm yeah 30 yeah that's we need more
people to understand past oh bitcoin yeah hey hey hey bitcoin pumpkin can i ask a question do you
mind yeah of course all right cool thanks um so you know a lot of guys are focused on this quantum
stuff i don't think the quantum stuff is in play for the foreseeable future myself personally
but one of the things that i do have questions about and maybe you have some thinking in place to you know for that but
um was that um you know the having you know and and then the fees to the miners and then the network
i i don't understand that you know completely um did do do you by any chance happen to know
like
somebody said if the miners
stop mining
then the network shuts
down but I thought we had
30,000 nodes
so now with this
halving that's coming
do you think
there's any risk there in terms
of you know do you think do you think there's any risk there in terms of
you know
for us guys that own the Bitcoin
the holders of the Bitcoin
the first thing to address
is the quantum thing
I'm not going to pretend to be any type of expert
on quantum I don't even know how many people
in the world are any expert
I don't think quantum's in play
for at least
five or seven years.
It's this halving thing and the
fees that the miners pay is what
I'm curious about. Hold on a second.
A couple things. We just had
one of the authors
of a Bitcoin
developer who offered the
Quantum solution or one of the Quantum solutions.
Hunter. Yeah, Hunter Beast last week.
And so two things.
You know, the mining thing, they're aware of it.
They'll find a solution to incentivize and make sure that miners are compensated for
their time to secure the network.
A lot of them are doing it for the purposes of they believe in the network
more so than their compensation. But I believe that they are aware that they need to be cognizant
of being able to make sure that they're compensated and monetized. So that's one side.
The second side of the quantum thing, he spoke to it. And one thing he said was that, A, we currently
believe that we're nowhere near a quantum attack concern. However, he also was very
conscious to offer the alternative view that, for example, he brought up with the Wright
brothers. They thought that they were nowhere close to flying, nowhere finding a solution to
flying. And then five days later, they were able to take off and crash. And then nine days later,
five days later from that, in total nine, they actually achieved flight.
So he brought that up to say that where we think that we're not anywhere close now, history has shown us that we've found solutions when we thought we were nowhere near an event that we were trying to get to. So it's something worthwhile to continue to work on, even if we don't believe that we're there.
Gradually then suddenly thing that could absolutely.
But like we've we've talked about before, like the first things that are going to get hit are your bank pin.
That's four digits and your things that are, you know, secured with your email and the same password you used about, you know, your pet for the past 16 years.
Like there are so many other attack vectors that are
going to get hit first. And my question that I'd be interested to know other people's opinion on
is like, okay, so say there is a quantum risk with breaking the cryptography, even though we know
like it would take a lot of energy to make something like that happen, just to guess one
seed phrase correctly. But like, who's going to be stealing it, right? Are we talking about like
fiber hackers? Are we talking about AI has determined that it's the better money for the
digital age and the AIs are going to steal it and trade it? And then if so, like what does that mean?
Like if someone steals all of our Bitcoin, like do we have the ability to say, yeah, like that was
all stolen, like no one's going to use that anymore.
No one has it.
Or is it going to be the plot in Office Space
where they're just going to be
taking a little bit off the top here and there
to where you don't notice?
I don't know.
I have no idea how that's going to work out.
I'm curious to know who thinks
who's going to steal it
and what happens after that.
I don't think anybody is saying that quantum is a foreseeable risk.
I know that there's some chitter chatter out there, but I don't think anybody who's credible is saying that the quantum, you know,
because when it first came on the scene, it was like, okay,
what's happening here, right?
But I don't, the bigger one for me that seems to be a risk,
and it may be a perceived risk, it may not be a real risk, that's why I'm asking the question, okay?
Is this halving? So when they
halve, the miners get half of
the, you know,
right, okay, good. And then, but there are fees that are necessary
to keep the network hooking. Now, I always thought that we had about 30,000 nodes, so the network was not a problem. But now they're saying proof of stake, proof of work, proof of this. So I'm just curious.
Proof of stake has nothing to do with it.
Well, I get that. I got it. I'm just saying the buzzof of state has nothing to do with it. Just so you know. I get that.
I got it.
I'm just saying the buzzwords are definitely out there, right?
I can explain if you want.
Well, please, right?
So please do. a halving and then the fees that the miners pay are cut down.
What happens to the network?
Okay, please fix what I said, please.
Because I don't know what the hell I'm talking about.
I'm just telling you what I'm hearing, okay?
There's a lot of topics covered.
My name is Brandon.
Thanks for having me, you guys.
How you doing, brother?
Good, man.
Good to hear from all you guys.
A lot of things.
You know, the AI, not AI, I'm sorry, the quantum computing thing that people are talking about, you know, I think it is a valid risk.
I think it's still downstream a little ways.
But you got to remember, like, it's like a tool, right?
Or, you know, there's two sides to
it so the same potential exponentiated computing power that could potentially break keys brute force
can also create quantum key sets right so eventually we'll have quantum key sets that
are made from this same exponated you know computing technology that they use at first to
break the keys and you got to think
about block hype. So not everybody's keys are at risk. Depends on when they were mined, when they
were included in a block and how many blocks have been stacked on top of that. And even with
quantum computing, it takes an extreme amount of computation power to just start deconstructing
block after block after block after block and so some of these
coins that might be at risk might be presumably we'll say satoshi's coins or coins that were mined
in the very beginning and uh and so some of those could could get taken and um could get reused and
i don't know about you guys but if those get dumped on the market and crashes the price i'm
gonna buy that dip because i know it's going to be a short-lived threat as far as you know number go up and and the
the same technology will then go to create lots of key sets that are then quantum immune and it'll
kind of take care of itself over time as far as like the having and stuff right so Bitcoin tries
to mine a block roughly about every 10 minutes. Some blocks come in quicker.
Some blocks come in longer.
It's just a model that tries to shoot for a 10-minute average
so that we have a certain inflation schedule.
So a block is mine every 10 minutes.
You can do the math.
Roughly about every four years or so, I think it's like 210,000 blocks,
we have a halving of the Coinbase reward, not the company Coinbase.
That's just what they call it, which is the subsidy given to miners for contributing their computing power for managing the network and securing the network, really.
So that supplemental or bonus allocation of money, basically, right?
How does that factor into the miner's profitability if it gets cut in half?
Well, just like any business, they have expenses.
Most of their expenses is probably real estate, electricity, and cooling, which is electricity a lot of times.
And so, you know, as the price of Bitcoin appreciates over the years at one, you know, curve and the amount of inflation goes down in another curve, Bitcoin is disinflationary over time.
Right. So what's been offsetting the having has been the price of
the Bitcoin. Is that what you're saying? Yes, exactly. Yeah. All right. Cool. Right. So now,
now. And so they also get, they also get fees. Yeah. They also get fees. And now the fees are
starting to kind of outweigh in terms of weight of the Coinbase, right?
The Coinbase subsidy that they get from mining a block.
Who pays the fees?
Well, we all do when we send a Bitcoin transaction on the network.
We pay transactions to send a...
So you have to incentivize a miner to include you in a block, right?
They're not just going to do it for nothing.
They have to get paid.
Otherwise, if I want to put my transaction over yours i can actually pay overpay i i've never sent a bitcoin anybody all
i've done is bought them and put them away yeah well if you do send it your wallet will probably
select a default you know it'll it'll gauge what the what the mempool is it'll gauge what the going
rate is at the time for a fee for a competitive fee and it'll throw it in there and if you have
a big spike then you might need to bump it because it could get stuck for a while
don't worry your bitcoin isn't lost it's just churning in the mempool and waiting to be included
in a block you know okay hey yeah i don't plan on doing that any time that was dope so so if there are no transactions, no bitcoins being mined, no transfers.
Well, I think you were asking earlier about if the miners drop off, right?
Well, no, no.
Well, what I'm trying to do is there have been some tidbits of information that I may have it 100% wrong and I'm willing to accept that but
there have been some tidbits of information whereby if there were no transactions on the
network okay that you know if the miners stop mining or people stop doing this or whatever it is
that there could be a risk to the network now i have been told and have read many many many many
times that there are 30 000 nodes so what is the is there a distinction there between the network and the
nodes and how does that
affect our
thing that we
own here
you have to look at it differently, they're different things
right, the nodes are like
the librarian and
the miners
are like the laborers, right
so as long as everybody is running a node, that never changes regardless of what happens with the miners.
The miners have to run a node, but it's everybody else who's not mining that's running a node that's keeping the network safe.
And help me out, guys.
Yeah, yeah.
There's different classifications of nodes you can run
just a node to verify transactions you also have to have a node to keep track of uh you know of all
the transactions if you're mining if you want to make sure that you know and if you're going to
amend blocks to the chain you have to run a node as well right you would only need one node to
survive to restore the entire transaction history, correct?
Yeah, you can check the transaction history with any node.
Yeah.
3A says your problem is solved with JPEGs.
That's what you should take away from here, JPEGs.
JPEGs?
Yes, JPEGs will solve the minor issue.
Okay.
All right, I't look into that JPEG guys in the picture file on your computer kind of thing is that what you're saying
same yeah they're also called ordinals as well okay okay no I mean you listen
we're just chit-chatting here you you know? So, and I didn't want to talk about that other nonsense anymore.
To answer your question about mining, like if mining drops off,
like if people stop mining Bitcoin,
there's a difficulty targeting algorithm that kind of resets every two weeks.
And it's always changing.
The network is always sensing how much hashing power is on the network and then it computes how difficult it
should be to solve a block to keep everything competitive right and so but but the whole the
whole thing now what you're saying is is comes down to the blocks, right? I mean, that's, well, who was it?
Brandon?
There's a couple of Brandons here.
Yeah, when you were talking about, let's go, Brandon.
Yeah.
I'm glad those days are over.
No shit, right?
I bet you are.
Bet you are.
You said when the miners publish a block, right?
Yep.
So there is a distinction there to where the miners actually have some control over what's happening.
Can you talk about that?
Do you mind?
Well, you know, I mean, it it kind of there's a check and balance with
miners and developers and users it's kind of a it's not a perfect system but it's it's pretty
cool in my opinion so you know like the developers are managing the code base through giant github
of bitcoin and they're like committing and they they're they're proposing changes to the code and they have they have whatever
incentives they have to put out what they think is good code for for bitcoin's sake but they have to
submit code that the miners are going to run so they have to think about the incentives of the
miners because the miners could just reject the code and we got some of that going on right now too, with the big, I think it's the BIP 110. And so if enough miners don't run the code and just run the old code,
then the developers have failed to develop a Bitcoin improvement proposal that the miners
will run. So it all kind of works together. The miners don't have total control. I mean,
all kind of works together. Like the miners don't have total control. I mean, they run,
they run the security of the network, right? So like miners are being incentivized by,
you know, getting Bitcoin to run their miners and spend their electricity and provide the
infrastructure in the network, but they're providing the security. Like the, the, the,
one of the biggest threats to Bitcoin would, you know, classically be a 51% attack because
Bitcoin is a decentralized consensus network.
The magic is that you've got a bunch of independent actors that don't know each other,
and they're coming to a consensus every 10 minutes to decide the state of an entire ledger.
You think about Visa, MasterCard, all the fintech, Apple Pay, all those things are all black boxes.
They're all centralized.
It's a lot faster, but it's permissioned. It's not permissionless. You have to ask permission.
We don't think about it, but every time that we swipe a card, we're asking a corporation or a bank for permission to use our money.
And they can stop you at any point in time. Just ask Edward Snowden.
ask Edward Snowden. And so Bitcoin, it's censorship resistant in the sense it's a bunch of
actors that don't know each other coming together every 10 minutes to decide the state of the chain,
decide the state of the ledger. And so JP Morgan just decides the state of their ledger. You don't
get a say in that and they can decide you're not a part of that anytime. And that's the beauty,
that's the liberty, that's the sovereignty of Bitcoin bitcoin that's what's at stake if any of this stuff gets if it dies right in my opinion i've
been around since 2013 when i came in it was just a bunch of gold bugs silver bugs libertarian types
and a bunch of weirdos you know now there's crypto bros and suit coiners and all kinds of people in
space right just different kind of weirdos same kind kind yeah we're all weirdos right yeah and so i don't know i'm just i feel like i'm getting sidetracked but
but so the miners you know they play an important role but they don't play every role like and so
you know and if they got too greedy or if one miner decided hey i'm gonna try to take over
the entire network the developers could issue different code. And if other miners run it, then they'll just get forked off, you know, or they'll get,
you know, the miners that, the machines that.
But Brandon, you got to stay a little lower level with ACEs.
Like, and, you know, just to be fair, like, in my opinion, like ACEs, like, you remember
what I was talking earlier about, like, some people, you know, dive into it and do all
their research.
You should be grokking it and taking notes. That's not you. You're the investor that should buy it
because you want to buy it and then check in with the spaces and Fred and, you know, some of these
guys who are deeper into it and see, are they worried yet? Because you're not going to, you just
don't, you're not that type of person that's going to dive
into the technical side. You're going to
peruse the spaces and talk to
the people who know
the most about it and gauge there.
We're not running for the hills yet, so
then I wouldn't be stressing
it. You're the type that you shouldn't be
investing
because of the technical side of it.
That's not really where I see you um getting the most uh value for your your buying decisions do you
you're talking to me no he's oh okay no bro bro bro bro bro watch watch watch watch here watch
watch i bought bitcoin about seven or eight years ago okay good all right so
no matter what bitcoin does if it goes to a million or it goes to zero it has zero impact
on my life all right i happen to love it i'm in love with it. Okay. And the reason why I love it is because I've lived in third world countries for the past 20 years.
And most people are not bankable.
So they need a solution to be able to, you know, do what they want to do with their money.
Absolutely.
Right.
Good.
So, so, so,
so this is,
there's nothing anybody could say,
nothing,
not a single word any human being could say
that would change my opinion about the value of Bitcoin.
if it goes to zero,
goes to zero.
If it goes to a million,
great.
But it, but it, neither one of those outcomes will have any impact on the quality of my life.
So what I'm doing here, this is kind of entertainment.
So Three Aces, you like Bitcoin because of unbankable people in third world countries but you've never sent any bitcoin
to anyone weird why would i need to well then how do you like it for peer-to-peer use who who who
would i need to send bitcoin to tell me the person i don't know somebody in one of the third world
countries you've lived in why just give him cash my son my son needs money i send it on uh whatever the hell that
bullshit is zell or whatever the hell it is i don't need to send him bitcoin why do i gotta
send him bitcoin well i think there's i think it was just asking about your reason for why you like
it but you well because people it look dude if you got 20 million dollars us okay 20
million us dollars in zimbabwe in a bank you can pull 50 bucks a day out but how do you know if
you've never made a single bitcoin transaction i've made uh some, um, some of the wallets.
I've fooled around with some of those.
You just said that you've never sent any Bitcoin before.
But that's not Bitcoin.
That's something else.
Blue.
But you've had Bitcoin for eight years, supposedly.
Well, what is, well, why is that such a big deal for you?
I just don't know why I'm going to give you a mic, man.
This is just entertainment.
What?
Have you ever seen that there are wallets out there to where you can send?
I don't know if it's Bitcoin.
I don't know what the hell it is.
It's stats or some bullshit.
I don't even think it's stats.
It's something else.
There was a blue wallet we used a few times just goofing around.
Blue wallet we used a few times.
Just goofing around.
But why would I need to send anybody?
Why would I need to send?
Right?
I've got bank accounts on 10 countries.
I don't need.
I don't need.
I don't.
No, no, no.
I don't.
I don't.
I personally.
The tiniest bit of research
on what you're going to lie about.
Who is this?
Why, why would,
why would,
why would me,
me, me,
okay?
I've got
a dozen bank accounts all over the world.
Why would I need to use Bitcoin to send somebody money?
Somebody in Zimbabwe who can't get a bank account, okay?
Right?
They would need to use Bitcoin
or whatever the hell
electronic means
that are available to them.
But I don't need that.
If I got to send my kids money,
I send it to them
at JP Morgan.
Why do I need
to use Bitcoin
to send it to them?
There are people in the world.
I'm just impressed that you have had it for eight years.
It's a question.
And you don't know anything about it.
No, no, no.
It's a question.
I asked you a question, right?
And all you know how to do is make snarky remarks. Answer the question.
Why would somebody who has bank accounts all over the world, credit cards, Apple Pay,
Zelle, and everything else, why would I need to use Bitcoin?
Then why did you invest in Bitcoin eight years ago?
Because one of my friends told me to.
You just said you're in love with Bitcoin
and your favorite thing about it is the pure use
in unbankable third world countries.
Right, for people.
And now you're saying that you don't see any use of it.
But it has nothing to do with me.
It has nothing to do with me.
Okay.
The value that I saw in Bitcoin wasn't because of a personal need.
Okay, so you're a number go up maxi.
Well, have you been to Lebanon?
You can't pull a dollar out of the bank in Lebanon.
Wouldn't it be nice to have an electronic thing like this to where you can do something with it and send some money around?
Yeah, but like the thing is...
But that has nothing to do with me.
I'm not in fucking Lebanon.
I know.
I'm not in Lebanon.
Good.
So you're personalizing this.
No, what I'm saying...
This is not a personal thing.
Let me finish.
This is a societal thing, right?
Society can benefit from this
in certain parts of the world why is that so
complicated for you to comprehend all right let her respond well but i mean she keeps interrupting
me and with this snarky bullshit i'm not doing it to her why is that so complicated no i'm just
saying like it's like you have said on countless times, you have hundreds and thousands of Bitcoin, um,
Bitcoins.
I have 300 Bitcoin.
Okay.
That's how many Bitcoin I have.
Correct.
I've got an ex-wife.
I've got a bunch of kids.
Okay.
And I've got people.
So the Bitcoin spread out in cold storage.
Okay.
With a few different companies.
So what the fuck is so complicated about that? It's in cold storage with a few different companies so what the fuck
is so complicated about that
with a few different companies
that's correct
okay
well what is what you never heard of cold storage
you never heard
of unchained
how fucking dumb are you
you're fucking pretty stupid
you ever heard of unchained go look up unchained dumber you. You're fucking pretty stupid.
You ever heard of Unchained? Go look up Unchained.
We talked about this earlier.
No, because she's an arrogant
chick.
She needs to be humbled.
She needs to humble
herself. Listen to
how arrogant she is.
She's got all the goddamn
answers for my life.
She doesn't know a goddamn thing about me.
And here you are just sending her again.
You're just always monopolizing every conversation.
And it's like, why are you doing this?
I just answered your questions.
Okay.
I'm not defending her.
What is, what is, what is, what?
Hold on.
What is three? hold on a second
all i suggested is that just not the name calling just have the conversation you can disagree as
as passionate as you like just just right but what what what is so complicated about 300 bitcoin at
five six seven eight thousand dollars of bitcoin i don't know dude if. If I had 300 Bitcoin, I'd probably know a little bit more than you.
No, no, no, no, no, no, no. If you had 300 Bitcoin at 5,000, 6,000.
You're okay with it.
Because I'm short micro strategies, dingbat. I've been short micro strategies since three years.
Micro strategies?
Please leave the new phone out. I've been short. I've been short micro strategies. Go look at my timeline.
It's since the 3M there. Who cares what it is? I could care less what it is.
So I've got a zero delta hedge on the Bitcoin. If it goes to zero, I'd lose nothing.
You know the name, don't you think?
Hold on. Hold on. Hold on a second here.
Hold on.
Hold on.
Aces, yes, we all have a little fun on here.
And Aces was trying to learn earlier.
And, you know, Brandon was giving a wonderful explanation.
Like, so what?
He owns Bitcoin.
And he's trying to learn more about it.
One of the biggest fucking issues with our space right now are conversations like this.
And honestly, Dilly, if you're going to come in here and just be a troll, I think that's
disrespectful to the other people that are trying to have productive conversations and
trying to learn.
This is why our space is not where we need it to be yet, because people are talking down
to people who own Bitcoin.
Why?
Why?
Educate them.
Work harder.
Do better than that.
She's got a mental illness. This girl has been trolling me for four years.
Dude, he is a scammer.
Who did I scam?
Then take it up in civil court.
Then take it up in civil court and not on a space.
$50,000 off of spaces. I'm trying to help.
We've already talked about this.
Hey, Aces.
Jamie, you're going to sit here and let her do this again?
I'm jumping in, okay? So listen,
you can ask
anybody and film to it, bro.
Okay, hold on. Let me moderate for a sec. This is good.
to Ace's
version, he explained what
happened, you know, and I'm saying
I'm saying version because I don't know the truth, right?
I just know what was told, and then there's a different uh version right but with the version
that you told us earlier um you know you also said you had uh uh documentation to prove it
that you you correct so you should just you should just post it or put it up. No, if you want to see it privately, I will send it to you and do a Zoom call with you privately.
Okay.
I'm not going to put information like that.
You know, there's confidential information in there about him, about me, about the lawyers, about the...
I'm not going to...
But if you... if anybody, anybody,
hold on, hold on, anybody on this basis wants to see the actual documentation, okay, that
I used to present.
I mean, Jamie, you're allowing this to happen.
I'm not allowing.
I'm allowing.
Like I said, I'll do a Zoom call with you or whatever.
Send me a DM.
We'll get on a Zoom call.
I'll keep it.
Send it now.
Let's get it on the call now.
Do it now.
Wait, you guys are just going to leave and go do a Zoom call?
No, no, we'll do it after the space, it'll be fine.
But what kind of a mentally ill person
continues to spew lies
for four years?
I don't think I spew lies, you agreed with me.
That you took $50,000 from Bob Coleman.
You wanted his money back.
You told him no.
You got the money from a space call
and you had a
fake gold. You are a liar.
You are a liar.
You are a liar.
Hold on. This is easy.
We don't have to do that
anymore. We have
a solution. We have a trusted
third party arbitrator. I will view the
documents and I will report back the
facts and I will be
unbiased and I will also respect the
privacy of anything that's on the document.
Jamie, you're going to be wasting your time.
Well, you know.
She doesn't even know the name of my company.
We're wasting our time with this conversation, to be honest.
Exactly.
I'm just here trying to say that people should not
give him a mic, but I will give up my mic
I hope you all have a great night
You are mentally ill
You need to get checked for your mental illness
She's a mentally ill person
We're going to
We're going to solve this
We're going to have a zoom tomorrow
Send me a DM
And we'll get on a zoom
100% No problem zoom tomorrow or something then send me a dm and we'll get on a zoom okay i'll show up here 100
yeah 100 no problem i got it saved right here the powerpoint presentation i made for the sec
for idaho bitcoin came after me bitcoin episode 21 we will have the reveal i will come with the
we will have the reveal. I will come
with the
results. Perfect.
I can't wait.
We're going to do it live
and we will
I can't wait.
I can't wait. Honestly.
It will be forever irrefutable
that it was third party
audited and verified.
I'm sitting on a spaces just like
this one, okay? And some guy sends me,
right? A DM saying he's got a $500 million hedge fund and he wants to invest in my gold mining
company. We enter into a $1.5 million agreement. He puts up $50,000 because I hadn't even left. I was still in California. And I was
like, I'm just going to go do this. Right? Good. And then get down here and tell him, okay,
now it's time for the 1.5 million. And he's like, no, I don't want to do it. I said, okay.
And he's like, give me 15% of your company for my 50 grand. I said, fuck you. I said, I'll
send you your money back. He said, no, there it is. That's what happened. That's what you'll see
in the documents. That's what the SEC saw. That's what his lawyer saw. That's what everybody saw.
And I was like, well, and then, and then the guy goes out on Spaces with thousands of people on Spaces telling them that I scammed him at a 50 grand.
I was like, I offered you your fucking money back.
What are you talking about?
So now you got a bunch of these crazies like that lady, bitch, dilly, whatever, you know,
Dorito-eating, 200-pound overweight chick is in the video down there.
Jacob, the asteroid is down there now.
Let's get this done and over with.
Right?
So now you got these crazies like this person in the space here, right,
running around, talking all kinds of crazy stuff.
And I'm like, well, just look at the paperwork.
I got all the paperwork here.
Okay.
We're going to take care of that tomorrow.
All right, good.
Bring up Asteroid.
Asteroid's open invitation. Number 21 will answer.
You know, the unfortunate thing about a person like Dilly is that she does have a mental illness.
You keep going back here.
No, no, no.
And, you know, she probably, you know, going to do herself in.
Asus, Asus, calm down.
I don't want to talk about the shit no more.
I want to know about macro events.
Well, what do people think about macro events happening this week?
Like, that's actually what I'm curious about, or I'm just going to leave it.
This is nonsense.
I took him down.
He doesn't know how to stop.
I don't know.
But we'll find out tomorrow.
And if he doesn't do the Zoom, I'll let you know that, too.
Shepard, what is that you're saying?
Macro events, what is that?
I believe we have FMOC minutes, I believe, earlier this week.
I know there's like two other macro events in terms of pricing.
Tomorrow they're supposed to be having a crypto clarity Act, a meeting
I'm on that
Friday the
tariff decision is being released
which is interesting, it's right before the weekend
this is unbelievable
they always do that
you gotta know
it's probably gonna be not good news
otherwise
why would they delay it?
Well that's the thing.
I won't...
Again, this is one of the things I see on the other side of the argument.
I don't know what way the market is going to care about that.
I assume
they'd like it if tariffs were illegal because of costs
or inflation or whatever you want to call it,
but would they maybe not like it because the executive?
I have no idea.
I mean,
it takes away leverage.
I mean, for him to, instead of sanctions,
he's using tariffs basically to get his way.
So, you know, that's
it's just not favorable
for Trump. He wants to keep him.
So it's just not
in his favor.
But he leaves it on the weekend, which is where it's a low-volume, you know, traders can have their way with the market, you know.
So it's just interesting when they do that, you know.
Yeah.
And right now, the other back row event is that they're meeting with Tehran over this stupid, I don't know, nuclear agreement they're supposed to be doing.
And every battleship, Navy, aircraft carrier is positioned around in case they don't agree.
in case they don't agree.
So that's the major story right there
is what happens if they can't agree
and they're going to end up going to war with Iran.
So I don't know.
But I am curious.
Greek, are you there?
Yeah, I'm here.
So I got a question for you
because I happened to listen to your space yesterday.
And I'll tell you,
if you guys haven't got to hear...
Greek had a space by himself?
No, no. He was in another space.
But if you get to hear some of Greek's macro technical analysis,
Bitcoin futures forecasts and his political observations, like, you have
to tune in. It was classic.
Oh, I...
Not to decide, but it's PCE
prices are being released this week, which
is what the Fed uses to gauge inflation.
And that's what I'm curious to see
when those come in.
Yes, so they have both...
Yes, so they have the FOMC
meeting minutes, but then they also have
this PCE
price coming out,
which is more of what they use to
look at inflation
in addition to the CPI
that we just got. So it seems
like a really charged macro. And then
everything else you were saying, Jamie, as well, is like
who the fuck knows what's happening with Iran?
Yeah, the PCEs on Friday, I think.
And FOMCs on Wednesday.
Listen, guys, you know, the thing about these numbers, I mean, like, they just had said that the economists are forecasting a 1 million job revision for 2025 total. I mean, like, if you believe any of these numbers,
any of these data sets,
anything that they tell us on a weekly, monthly basis,
like, we are all idiots then.
Like, they just tell us whatever they want
so that we don't panic about what's really happened,
and then they tell us what's really doing later.
It's just garbage.
Like, this stuff means nothing.
It literally means nothing.
Nothing that they say is accurate.
It's not to be trusted. It's always revised. It's just bullshit. Nothing that they say is accurate. It's not to be trusted.
It's always revised.
It's just bullshit.
It's crazy.
Let's switch over.
Asteroid, are you there?
Carry on, then.
I want to go back to the dumb Greeks.
Oh, hey, yeah.
I'll come back to you then, Greek.
What's up, Asteroid?
What are you, waking up?
Taking a nap?
No, I'm actually building a chatbot for something.
Dude, I'm feeling fucking bullish right now.
I just got off a call.
Absolutely good shot.
From Jane Street?
Bigger.
Bigger than Gene Street.
You know who's bigger than Gene Street.
Can you give us a little inside scoop?
No, no.
I'm going to be very vague and high level
and no details.
It's the year of the fire horse, buddy.
Your mic's a little low, Asteroid.
What's going on? Get into that mic over there.
You're whispering to us.
What are you at? Are you at the library
computer? Is that why you have to be so quiet?
Why does the computer suck so much
ass for spaces?
It does.
I try to be forward to it. My computer does not work for
spaces at all.
He's down as a listener. For fuck's sake.
Asteroid, you just need more compute, man.
Get the compute and you'll be fine.
What is it about the computer where you can't just do spaces?
Because sometimes it's like, I don't want to go grab my phone.
It's somewhere else.
It's like, I don't know why it sounds like shit.
Wait, what does yours do?
Because mine does some bullshit.
Well, first off, people always say that I'm really low,
even though the mic's blasting and I have the mic all the way up.
But the second thing is, if you have it on long enough, all of a sudden it'll start having all this static and shit, right?
Does anyone ever have that happen?
Mine just shuts off.
Mine will be in it.
Mine just shuts off too, James.
Yeah, and it'll just shut off.
And it's kind of funny how shitty this app has become.
And yet you have the product manager talking about how, like, oh, we cut down to 30 employees.
And I'm like, the thing's fucking falling apart.
Can you at least get 60 employees?
Do you really need 30?
Like, it'd have to be that small?
I get it was bloated.
Yeah, I'm sure it was so fucking bloated it was crazy with, like, the 5,000.
But, I mean, let's get, can we get 100?
Let's start fixing this shit?
Because right now, honestly, I'm at a point where I think I'm just going to stop paying for it out of spite.
Because, like, dude, it's just, it's kind of gotten to be a piece of shit. Am I wrong?
What do you mean, it's not paying for the checkmark?
Yeah, just out of principle, because it's like, dude, just, look, just hire a couple cheap devs to fix a lot of this shit with Claude code and stuff now.
It's not that hard. Like, just do it. It's literally not a big deal.
Ashtray, go work at X and be our man on the inside.
And go get some of these updates done.
Dude, I could literally probably fix a lot of this stuff, with Claude Code especially.
But unfortunately, they don't allow a remote, which is another big...
I would literally help fix a lot of this shit if he let me go remote.
For not that much money, to be honest.
But he never would.
Because you've got to be sitting in the office next to him for some fucking reason even though that whole office shit is so irrelevant
and like outdated it doesn't do anything but whatever probably try to pay you an x coin
is it think about that asteroid though we're talking about like half the white collar jobs
being wiped out by ai but being in office is still relevant i don't yeah i feel bad um a lot of people i see on linkedin now they're getting laid off from amazon
they're like i literally just uprooted my family because they said i could go remote we moved here
we bought like a million dollars seattle house and now our job's gone and i can't find another
job it's like god damn it i told people not to move i knew that shit was bad news
wah they bought a million dollar home wah yeah no but now they i don't even know if they can
probably sell it that's the problem i don't know maybe the market's okay i don't know anything
you still have a linkedin account astroid i deleted everything and i just have like a funny
picture of it that's it linkedin is so fucking retarded it's's awful. It is. It's awful. Listen, Astro, we need you in the office because you're a leader.
And, you know, people, it's...
Actually, the thing of that, before we get on the side, is the funny thing about LinkedIn
are the people who are, like, grateful for getting fired or laid off.
It's like, oh, I'm so grateful that you cut my head off.
A lot of places require LinkedIn now, and they force you to add.
I like LinkedIn.
LinkedIn's good.
I like it.
A lot of places force you to have a LinkedIn now,
and they force you to add the company you're working, if you're working there,
because so many people have like five jobs now because they're working like five jobs.
So they try to weed that out by forcing people to have the company on the LinkedIn.
They try to weed that out by forcing people to have the company on the LinkedIn.
They have to have their LinkedIn profile, like on their work profile?
Yeah, I would just tell them to fuck off.
I would be like, I just don't want a LinkedIn.
Shut up.
Or just make multiple ones and put different names.
I know someone who has four jobs, and he has four LinkedIn's, and he just puts them on private and adds five people.
like four linkedins and he just like puts one private and adds like five people i'm like
i i got i had someone that follows fred krueger hit me up on linkedin like hey man
it was like a little random he's like hey man i just want to tell you man i follow fred krueger
and i discovered you in the spaces man i really like what you're saying. It's like, cool. The weird thing about this whole
white job apocalypse thing is
I feel like 60% of the people
I know in tech have two or
three, and one person I know has four
jobs. I'm like, is it really
that bad? I don't find it that bad.
How much is he pulling with four jobs,
though, Astrid?
One of my old kind of manager
lead guys that I used to work
with has four jobs I think he said he makes about 1.2 he's working four
fucking jobs
he told me he's open to getting a fifth too and I'm like how do you handle it
like I'm a director I just go on a couple meetings and uh ignore other
me he's like I just basically skip meetings for other jobs like throughout
the day and he's got four full-time jobs he's got four like he didn't so he told me
this guy was like never he i'd slack him and i wouldn't get message back for like two weeks
and he quit and then when he got laid off one day he's like yeah i already have three i gotta get
another fourth job i was like you had four three other fucking jobs like yeah i was like i knew it
you wouldn't you wouldn't respond to Slack messages for like a week.
This fucking guy.
Sounds like they need to cut a lot more
than white-colored jobs
if this guy's got four jobs.
What I don't understand
is this guy is like 68 years old
or maybe 60.
He's been working in tech since like 94.
I'm like, aren't you fucking rich enough?
You're going to die. Just go chill out. I don't understand why the guy... working in tech since like 94 i'm like aren't you rich enough like you're gonna die just go like
chill out i don't understand why the guy i don't know maybe he got divorced or something but
i don't know i heard about guys doing that when covet happened where they would get
a bunch of um remote jobs but i never heard like people doing that now like four four jobs
but I never heard like people doing that now like for four jobs uh dude a lot of people a lot a lot
of people still do it I know a few people who actually have an in-person job and go and work
the other job at the office their other job at the office of another and like take meetings and
I'm like that shit's gotta be like nerve-wracking right? Dude, I think part of the layoff was all those fuckers,
those PMs, Asteroid, and Meta,
who were posting on Instagram,
like, here's the day of my life.
Get into work.
Oh, yeah.
I remember a girl at Google did that.
She would show up to the headquarters where she wasn't working.
She was just there.
It was almost like a resort.
Have you been to the google
i used to work out of the new york google office for a while and like dude they had all these
personal chefs and people would bring all this like in and i would literally just hang out for
three hours like on the deck it was in like uh chelsea chelsea chelsea chelsea and people
Yeah, in New York City, I worked out of that office for a while.
yeah in new york city i worked out of that office for a while it was like
It was like, people didn't do much.
It was weird.
I don't know.
I don't know.
Bizarre.
I never worked at Google.
I just was there.
Sounds like there's too many tech jobs.
Maybe they should cut 75% of them.
People weren't working, man.
Isn't tech tough to get in French a little over now?
That's not a statement.
That's a question.
What was it?
Isn't entry level like a bitch right now to get into tech?
Probably.
I would assume.
I don't know.
That's Asteroid's field.
Asteroid.
So a lot of these companies did big cuts,
but then I started to notice they secretly started
hiring back because i don't know a lot of people didn't do shit but some of them did and they i
think they started getting screwed because like one person's a missing link and like no one knows
what they did and they that's what i'm seeing more and more of that it's like that one guy who
knew rust and nobody else knows rust yeah i think that's just like a few like they cut a huge amount
probably did nothing but then they cut people who were I think it's just like a few, like they cut, a huge amount probably did nothing,
but then they cut people
who were like integral,
and so now they're kind of
having to slowly hire them back,
because they don't,
do you think these leaders
know what goes on underneath,
you know,
under the ground level?
They don't know anything
about what happens.
Asteroid,
take me through the,
the strategy being long on 10 to the 30-year bonds
uh oh yeah so it looks like to me i have my own inflation metrics they've been pretty much zero
for about one year um keep in mind i don't keep perfect records but then i look at the truflation the truflation
is at like 0.6 if you look at all the leading indicators like oil and the commodity baskets
they're all going down like housing is pretty much flat it just looks to me like we're gonna
start getting really really low inflation numbers um Not according to Jordy Visser.
He said silver's going to 500
to 800 today.
Why, though?
What does that have to do with it?
I don't know. Just tell you what he said.
All I'm saying is
look at the data now and it looks like inflation's going to go really low.
Yeah, but didn't they
actually miss expectations and go lower, though?
Wasn't it like 2.5, and that's made it was like 2.6 or something like that?
Yeah, and if you look at Truflation, that's what it pretty much was spot on.
So if you extrapolate that forward, we're going to be 0.6.
So do you think PCE is going to be low, too, come Friday?
That's right.
Who gives a shit about them damn funny numbers?
What is PCE?
I don't know.
I don't really know what's about that.
I don't pay attention.
But going to the deflation, this is your area, Kurt.
I was thinking about it.
Even if you get into deflation, a deflationary period of time,
that just means they're going to have to be forced to print more,
which makes our acid inflates anyway.
Well, that's why I wanted to talk about it, because I don't
like if Warsh, let's pretend
we have to talk theoretically here
Warsh is successful
him and Besson start working together
they shrink the fucking balance
sheet and cut rates
that's not a recipe for
a print
What makes you think that they would do that?
I mean, they would be able to do that.
Or why would they do that?
They say whatever they want.
Yeah, I don't know.
I don't understand this shrink the balance sheet thing.
I don't get it either.
That's why I'm asking.
If anything, they need to be expanding the balance sheet massively.
But he's not in the position.
He can say whatever he wants.
Once you get in the position, you do what the fuck you need to do
or you're told to do.
And also, I don't buy any
of this talk, but the Fed is independent.
That's another misdemeanor.
That's like another, what do they call it?
Like misnomer.
I don't know. It's not real.
They all work together.
And I mean, Joe Carlosari
kind of said the same thing, Jamie.
He kind of told me nicely, don't read into it too much.
You got to wait, see what he says in his speech,
and then see what he actually does at the first meeting.
Another thing is, I know that Cantor, or what's that guy's name?
Michael Cantor.
Yeah, you're right.
I know he's bullish but like
i personally don't feel that bullish on the economy uh he had all these metrics and said
that every time these things happen that you know we were booming and he knows more than me but
i just certainly doesn't seem bullish right like it doesn't seem like the economy's booming to me
like they just revised the job numbers down and like like you said can you even believe any of
these numbers like how bad is it out there?
I don't know.
But it certainly doesn't seem great, right?
Yeah.
Going contrary to my own point here, just to bring it up to the stage,
I'm getting this information from James Lavish.
I subscribe to The Informationist.
And even he said, like, if Warsh is successful,
you know, he works with Besant
and how much debt the Treasury
actually issues is working
in time with the Fed,
what has to happen
is Congress
has to have a balanced budget for that
to work.
And Astrid, you just gave me a gif
on that.
This whole fucking shrinking the balance sheet
thing is the dumbest fucking shit
because they should be expanding the balance sheet.
We need to get mortgage rates down.
I don't understand.
And that's what Joe said too.
You can't have a shrinking balance sheet
if GDP is going to run up
the way it is.
What is the point of it? I don't even get
what his objective is.
He wants to
re-instill that the
Fed is independent.
Who gives a fuck about that? Who cares?
I don't know. I don't believe in that.
Everybody does. Everybody says
certain things when they get in there. They think about
their legacy and where
things are going. But the other side of this too,
did you guys see the article with Elon
talking about um how like you know like like saving for retirement is going
to be like a necessary thing because oh god jamie i'm so sick of all these fucking ai hype men dude
i can't take it anymore i'm just saying that i don't know i'm just bringing the discussion bro
like i don't know i know but i'm... All these fucking AI hype men are like,
there's going to be no accounting jobs in 18 months.
No, no, no, not that.
Not that, but that the cost of production,
the cost of labor is going to go down to zero.
Yeah, that's hype man. That's a hype man thing.
Honestly, I feel like all these people saying this shit,
if it doesn't happen, they should be thrown in prison.
I think they should literally be thrown in prison.
Well, that's kind of impressive.
Your prediction market is going to go to zero
if everyone goes to prison asteroid.
Because they literally are just nothing
but fucking fraudster manipulators.
Listen, I can tell you right now,
as a matter of fact,
that I've been in manufacturing facilities
who have taken the exact same production,
duplicated it with 200 workers in a 24-hour period,
and duplicated the same production with 30, built the same exact facility,
and 30 people, and the rest is all robotics.
But that doesn't mean that everything's going to be basically free.
Well, the most expensive part of a business is labor.
So if you can just get rid of 90% of labor, your cost of production is going to dramatically go down.
We have an infinite amount of raw materials.
We have an infinite amount of space for people to live.
Like, I don't know.
It's just...
I mean, listen, that's infrastructure.
That'll be created.
You'll have the robots creating, building infrastructure. I don't know. It's just... I mean, listen, that's infrastructure. That'll be created. You'll have the robots creating, building infrastructure.
I don't know.
But, you know, I have no problem or I don't believe any at all that there's any issue
with having enough minerals in this earth that we just have to get to.
So, I mean, you're on the side of that you think that it's less likely that labor is going to become lower cost.
I mean, I think that's a pretty easy one.
I don't know if it's that easy.
I think the world's complicated, to be honest.
Yeah, of course it is.
But I'm saying on a broader...
So the only thing that people don't realize is it's not like AI is 100% net negative to jobs.
There's a fuckload of jobs that are being created just because of AI.
Like tons of them.
Trillions of dollars.
I don't know about trillions, but tens of billions of dollars of investment in infrastructure and cybersecurity and all sorts of things due to AI.
Both sides.
You're saying both sides.
Lowering the cost of current labor and also increasing opportunities. It. Both sides. You're saying both sides. Lowering the cost of current labor
and also increasing
opportunities. It's both sides.
It's perfect.
Yeah, I'm not saying that there's going to be net
more jobs, but it's just something
to keep in mind.
I don't know, man.
A lot of these things might come true. It's just, it's so pie
in the sky and so far away. It's like, save
for retirement and just stop with this fucking shit that's going to, everything's going to be free. It's just, it's so pie in the sky and so far away. It's like, save for retirement and just stop with this fucking shit
that's going to, everything's going to be free.
It's not a good way to plan
your life, but even if it's true, then
you're better off if you're rich, right?
Well, so
like the other scenario, and Joe kind of
concurred to this when I was talking to him,
was, yeah, maybe the Fed balance
each shifts some long-term debt over
to like short-term treasuries and just have some more...
They're just able to inject liquidity a little easier without having a bunch of long-term bonds.
And he said, even if they get doing that, they will find that they can't go too much further.
And all of a sudden, yields just stay in a trend.
Nothing changes.
And then they still end up having to print.
He said that was probably most likely.
And even in that newsletter that I looked at, that was the most likely as well.
You mean just by the short end?
Short end, yeah.
And they basically starve the supply at the long end.
Yeah, I think that...
Well, they put it out for private market, right?
You know what's interesting?
I think AI will be deflationary long term.
If we do go to a sustained deflation over a long period of time,
that's actually bullish for the long end right
because you're like it's very bullish for the long end so i i do think there will be i think
obviously i do think these forces of automation are deflationary but i don't know i'm just burnt
out on these hype men man you know what i'm saying right like it's just it's just out of control
it's like this guy's like comes up from microsoft there won't be any accounting jobs it's like i guarantee there's mostly these accounting jobs in a couple years
in 10 years well burnt out is exactly what i'm what i'm feeling like you try to wrap your head
around it and i burnt out is exactly because the only two words i can say about it i think
everybody's tired because you can go back like go back like a year and the CEO of Anthropic and all those guys
were like, there's three months left and there won't be
even software engineers. It's like, dude,
just shut the fuck up and build your product.
God, it's obscene.
Sure.
The CEO of Apple?
He said what?
No, it's the CEO of Microsoft's
AI division
said we're all fucked in 12 months.
There's not going to be any jobs.
Good luck.
For a white-collar job, right?
12 to 18 months?
No, he said accounting.
Accounting.
I thought it was all white, but okay.
I guarantee they have the same number of accountants
in 18 months as they do today.
Maybe like 10, 100.
Actually, that'd be a great question.
As soon as he said that,
the reporter should went back and be like, hey, so are you starting to lay out some of your accountants right now then?
No, they're not.
I think Ryan's in here.
I don't know if he's in here now, but he's an accountant.
He was the first person.
It seems like AI, accountants would be the easiest job for AI to gobble up, right?
You say that, right? You think it. I don't know. But then I talked to my CPA and they're like, are you going to gobble up right oh you say that right I don't know but then I
talked to my CPA and they're like are you gonna are you gonna go with us again
we're almost booked up hello and I was like oh shit sorry like I so I just it's
weird that everywhere you look I just don't see any of this like softness
really in the labor market I mean I'm turning down software jobs most people I
know have three jobs like where's this's this fucking, like, Armageddon?
Because it's not here.
It will be here eventually, but...
It's not even that it wouldn't be better, I don't think.
I think it's that people just don't trust it yet.
And the trust has to grow.
And why would you trust it?
To save a little bit of money,
you're going to fuck up on your taxes
and have a huge deal with it.
It's stupid, right?
Those are valuable.
Yeah, those are valuable.
I'd rather deal with a relationship than go to AI
to do it.
They know your family.
You've been dealing with them for 10 years.
They follow up with you. You see them.
There are also consultants
as a human being that can call.
When I got audited, they were calling for me
and saw this shit. AI will be able to do that,
but it's not even close.
I don't know.
I feel like I've got to get off Twitter.
Anytime I see this fucking
sass apocalypse and all this,
it's like, dude, I'm just burnt out on it.
How burnt out is everybody on all this AI shit?
Absolutely fucking max.
Yeah, I'm extremely burnt.
Not only the AI shit, but the economy shit.
I know I kind of started the who's who on what's for the week.
And I am kind of more interested in it.
But I will say, this is most I've been burnt out in economic shit and just general life in a long, long time.
Because what are we supposed to do?
To your point, Asteroid, all of us going to be okay?
Like, so like, I got to keep living my life the way I love it.
Asteroid, I'm a Twitter host.
I'm not allowed to be burnt out.
If I could do a different profession, if I volunteer work,
if I got to get burnt out on the thing that I have to bring up as a discussion
to feel that these things
are entertaining oh this guy has a good post this martin sets guy
but i'm curious i really want to know what is the what does the dumb greek think about these
macro analysis because i'm telling you if you haven't heard his TA and his political and macro analysis,
you have to tune in to them more often,
because they are worth the listen, my friend.
I don't know which one you're talking about.
There was so many last night.
Hey, Greek, are we fucked by AI?
What's your general consensus?
No, I agree with Asteroid. I mean,
Asteroid's the pro on that stuff,
and I defer to him on that, so whatever
he says, I just do it.
How much paper silver
is left? You got analysis on that
one? No, no.
You guys gotta come down a couple
levels here.
Like,
Jamie, I don't know what you heard.
Because those spaces get
degen pretty quick.
Here's what I got.
This was where we covered a little bit. I wrote some of these
notes down, just because I was so entertained by it.
I didn't want to forget
them.
First of all, you got some
Greek technical
analysis was sprinkled in there, which I thought was just like right on time.
You need to hear about the technical analysis from the Greek.
It's incredible.
Then you go from the technical analysis to the feelings, because the feelings of why you think the price is going to go up or down is even more impressive than the technicals all right then you know you go into um oh oh this
is this is my favorite about the boomers the the the commentary on the boomers once they discover
bitcoin and they as they're transitioning to retire will place some money into an even more
risky ask it as they're going into their retirement. God damn it, Greek. The fucking boomers
are retired. I didn't say that.
Are you sure it wasn't three aces
you were listening to? No, no.
You were saying how... I was saying
the boomers are basically dying
off and all that money is going to go to Gen Xers
who are going to put all their money in
fucking Bitcoin. Actually,
the boomers I know...
They're not really good at Bitcoin. They're like 20 years from now, I do know some of them who did Bitcoin.
They're like 20 years from now
before they're getting past that money.
Boomers that are retiring should put some money
in Bitcoin, but they should have most of their money
in income
shit, right?
Okay, I only know
of SCRC. I know that Asteroid
says there's other ones that give you 10% back.
I don't know what those are.
Asteroid likes Blue Owl. Asteroid likes Blue Ow other ones that give you 10% back. I don't know what those are. Asteroid likes Blue Owl.
Asteroid likes Blue Owl.
No, fuck Blue Owl.
There's a bunch of stuff that gives you a safe.
Yeah, like I don't know what those are though.
So I always just say SRC because that's the only one I know.
But I mean, if I was a retiree, that's where I would put most of my money in
because short term, you're getting your 10% dividend.
But I don't know
what's the age for the boomers
because I thought boomers are like in their 80s
now like what's the lower end of a boomer
like 60
if you have
like 80% dividends
or 90 and then some bitcoin
that's actually a good model because
boomers are 62 to 80 so But ends are 90 and then some Bitcoin. That's actually a good model because you're sort of...
Boomers are 62 to 80, so that can be over.
So the lower end of the boomers is 60.
Wow.
So you've got 20 years to go before you're in 30 years, maybe,
before you're even thinking about giving away your assets to your kids.
Right.
So the general boomer has his money in a 401k, rrsp is what it is in canada or an educational
savings plan for his grandkids that's where their money sits is in this safe crap they don't have
money in bitcoin no but yeah i mean what they're gonna start to learn what i wouldn't want to why
would i want to put my money in in Okay, I'm about to retire next year.
I'm going to move half of my wealth into Bitcoin.
So let's say I got a million dollars.
And now I have, I put half, now I've got 250,000 of that portion left because I had a 50% down year.
Like, what the fuck?
You should do 100 and then 900 should be in like a cash flowing assets. Yeah, but that's my point.
Oh, yeah, yeah.
Because it's kind of giving him the example of, like, I'm going to be, if I'm going to do anything, it's going to be a very small amount.
And I want to have some money outside of the banking system for that reason.
But outside of that, I don't want to.
Small amount just helps you, like, it's just long-term growth.
And if you want to use it to see for things over time,
that dividends don't pay for it.
That's all.
And plus, you're getting the tax break, right?
A lot of people are doing it because it's like in your IRA,
whatever you put in, you're going to get a tax break.
You're getting money back, so they're doing that.
And now you've got the Roth IRAs where they're maxing out all their Roth IRAs
because that's
all tax-free if they take it out.
So a lot of people, including me are maxing out your Roth IRAs into, um, the things that
you can buy in there.
And then like, for example, uh, you can buy, okay, don't freak out MSTR and, or you can
buy IBID or something like that in your Roth IRA.
And then hoping that, you know, you go to something like that in your roth ira and then hoping that you know
you go to the moon in five years or 10 years and then you can pull all that money out or even five
years let's say you can pull all that money out tax-free and then buy spot you know and hey greek
when is your how many years you got to your planning on at least your official retirement
not saying you won't ever keep working but your official retirement what how many years you got to your planning on at least your official retirement? I'm not saying you won't ever keep working, but your official retirement.
How many years are you thinking for that?
I'm about 11 years away.
Yeah.
11 years?
Aren't you like 50?
I'm 54.
Wow.
Yeah.
Why do you guys retire so late?
Don't you hate working?
I hate working, man, but I can't afford it.
How long do you work?
I tried to retire three times. I can't afford it. I've tried to
retire three times. Jacob will tell you it sucks.
It fucking sucks.
Plus, I love what I do. If I can
do what I do and keep going,
I mean, I will. All I really need is
a couple months here, a couple months
there, right? A couple months in Costa Rica,
a couple months in Greece. The rest of the time, I'll stay
here. I will always work for the rest
of my life. I just don't want to have to work for money.
I want to work, but I don't want to have to, like, you know, fuck, I got to go do 15 hours today.
I don't know why people don't save more.
Like, I would not be comfortable working until I was, like, 60-something.
Like, it just feels horrible.
Listen, it's fucking boring when you're not.
Like, you know, look at Jacob.
He always talks about how fucking bored he is.
Yeah, but it's true. He always talks about how fucking bored he is.
It's true.
I'd rather be bored than stressed and have some deadlines.
Jacob even sounds bored.
The way he talks sounds bored.
I feel like working wouldn't be bad if you didn't have any stress or deadlines.
Like, what's with all the deadlines?
I find things to do.
I'll tell you, the reason why... I think Jacob's going to have a second career in basketball.
He's going to make a comeback.
I'm trying to become a Bitcoin Tonight host.
We're trying to get this off.
I don't know.
To me, working, I just feel like it's not healthy.
If you don't work, your body's going to be a lot healthier
because you're not going to have all this stress.
As long as you keep moving and you keep busy
and you have stuff to do and you're not just fucking sitting in your, you know, you're in your lazy boy watching Twitter all day
long. Um, that's fine. But the reason why I went into Bitcoin was to be able to hopefully retire
when I, in 10 years, that's why I have a 10 year timeline. And you know, like I basically every
extra dime that I have, that's not in a, in a, in the IRA is going into spot or wherever I can pull it out,
right? So that's what I'm trying to do. I feel like that was like a slight, like a small slate
against Jacob and I who are always on Twitter right now. I'm like, great, can I just slip that
in there, Jacob? No, no, listen, you can get like a Peloton. As long as you get a Peloton and set up
your phone so you can do it while you're exercising.
You just got to move, right?
You never slow down. You never grow old.
Has anybody ever seen Office Space?
Oh, yeah.
Of course.
I feel you could be the main
character the way how much you
hate work.
I don't even hate it.
I just feel like that's enough. I don't know. It's just feel like it's just like that's enough i don't want to just like
i don't know it's just the same shit all the time you know it's like you gotta find something that
you love man hey greek my my wife walked in when you were talking about your plan and she just
gave me the thumbs up and said that guy's got it all figured out oh why weren't you saving why weren't you guys saving my god if you're that's what i don't understand no but i but i was asteroid so
like when i started saving like when i got a job eventually was i'm a high school dropout right so
when i got a job at 25 i started um i started contributing to the ira right hold up you're a
high school dropout but you didn't start working until you're 25 correct well i was yeah what the fuck did you do or did you drop out of high school
at 24 no no i was doing like bullshit like i was just fucking around and partying this freaking
guy but anyway so i i for 25 years now i've been i've been plus I've been contributing to the IRA because that's all I knew.
And, of course, I have a home that's paid off.
So I've paid all the money when it's there.
So there's savings there.
There's assets there.
It's just that now any extra money that I get is my Bitcoin money, right?
And your ICA money.
Are you sure you won't have enough soon?
Because you could probably cash it out and move to Greece
and the cost of living is way lower.
The problem is
I have fucking kids who
aren't as, you know...
I can't just fucking leave them here.
They'll fucking die.
They can whip you. What do you mean?
They can whip you. What do you mean?
They're old.
Then they have a choice.
You're not leaving anybody.
Like, I can't, I can't, I don't want to sell the house because now they're fucking on their
own and they can't afford to buy a house.
Like, they're fucked if I leave.
Yeah, tell them.
How old are these kids, Greek?
I got four kids that range from 25 to nine.
Well, so, I mean, I got 21 and 26, so I like my older, you know, but like, yeah, the 9-year-old,
you know, that one, what's the other, you have four, so one's 9, 20s, what's the other one?
Two of them are adults, I have one who's turning an adult next year, and then I get the 9-year-old.
Listen, man, I don't know what to tell you bro but you know
they you know you gotta you know you know what it's like post post uh post divorce it's got you
know you know i just i just worry for them because they can't afford uh they can't afford to fucking
buy a house right they're not making that kind of dough i try to tell them to buy bitcoin i try to
teach them and i try to they don't have a job no they're working they're just not
you know they're not making they're not like fucking engineers or you know they're not that
they're just they got no bills they got no bills right now that's why i tell them fucking max out
your iras and whatever you got left put it into bitcoin yeah they are i'm usually just behind the
death that asteroid's wife. What was that?
I'm Mike.
What happened?
Yeah, I think one thing is when you have kids, you have to work a lot longer,
which is part of the reason I never had kids.
Yeah, I mean, listen, if Bitcoin does what I think it's going to do,
I'll be happy, right? I'll be able to just take that.
I can just fucking leave them the house, and I'll say, okay, you guys stay here.
I'll be back whenever I'm back.'s greek it's not even that expensive to
live out of the country that's not that they don't need it's so cheap yeah i was thinking i was
thinking about that i could grease them good i got a house there so that's fine but it's uh
costa rica i might have to fucking airbnb it or something i don't want to buy property there
listen listen you go you you get the
you get the lineup going in costa rica and i'll me and you'll go down there we have some ipas we'll
see what's what's happening i'm looking for uh actually i'm looking for a female line i'm looking
for a property that has cabins on it there so that you can have like you know eight to ten cabins
no you just rent it that's it you're doing too much you make it you know you're in and
out you don't know where you want to be over that side you know well it's it's the perfect part of
it is because in in the greece is good for the summer because it's fucking hot and it's that's
what it's action then from there you go to costa rica because it when it gets cold there it's
fucking summer in costa rica And then you stay there until May,
and then you come back to Canada for the summer,
you know, for a few months in the spring.
Canada sucks. Just send plane tickets
and let them come to you.
How long have you been divorced?
I'm not divorced.
What? No, I'm not divorced.
It sounded divorced to me.
Didn't he sound divorced, guys?
Yeah, he sounds miserable. He's leaving the house for the kids, and he was going, and that's why he didn't want to leave. He't he sound divorced, guys? No. Yep. Yeah, he sounds miserable.
He's leaving the house for the kids, and he was going,
and that's why he didn't want to leave.
He didn't say anything about his wife.
Did you guys know that once you get married,
your wife turns vegan after a couple months?
Because they don't want to eat your meat after that?
Yes, I did know that.
Well, I don't know.
Maybe, you know, you gotta,
maybe it's just a,
you gotta put more effort in Greek.
Maybe you're just kind of a lazy,
you know,
you can't be lazy in that department.
You gotta be,
you gotta do your thing.
I don't know, man.
When you're married for that long,
you know, it's,
it's more about just
draining your balls than romance.
You're saying you got heavy balls?
Is that what you're saying?
You need to be drained?
Sometimes they're very heavy, man.
You need to like,
then you got to guilt them into it.
What's the point of being married?
Song and dance.
What's the point of giving yourself
the one person if you,
if that's not part of the deal?
Like that to me,
if you get that from me, like my exclus like that to me if you if you get that
from me like my exclusivity i don't think i'm the only one who who's like i mean you see the old
cliche of married people like fuck they lose interest in each other after a while i mean you
still love each other intellectually but fuck you'd rather screw someone else no well listen if if the
deal is that you can't screw anybody else,
that means that you have taken on the responsibility for my needs.
That's right.
Otherwise, then there's no reason to be married.
That's right.
And if you can't jerk off because that's a sin,
so that's what you use.
You say, listen, if you don't give it up,
you're going to force me into sinning,
and that's on you when you go to heaven
and God is going to judge you, not me.
I don't know about all that
religious guilt you're putting on, but if it works
for you, that's right. You got to use whatever works, man.
That's why you got
four kids, honey.
I don't know. Going in the door,
that arrangement's got to be
chiseled
in stone.
There's no point in...
I'm not asking for anything.
It's just an agreement.
This is your responsibility at this point.
I don't know.
Well, listen.
It's the year of the fire horse.
And...
It's about to fucking go to the moon.
Oh, by the way,
the other thing,
the other Greek the other the other
uh greek uh political wisdom he said that the uh the midterms are in the bag and trump's got this
and the republicans got this so here's what i said i said that you've got trump can't lose the
midterms because if he does he's fucked fucked. He's going to get impeached. All the progress, whatever progress he thinks he's made is going to be gone.
And that something's going to hit the fan.
So election interference, how they stole the 2020 election,
something that shit's already in the news,
but it's going to come out slowly and right around midterm,
like September-ish,
you're going to see some real big declassified shit come out.
And I think someone's going to get arrested.
I think that shit's all going to happen.
Because Trump is not, the U.S. government is not going to just let the coup that happened against them, the stolen election.
Even in COVID, he said he's a wartime president.
All that shit was released because
when he won in 2016
which they never thought he would
so that's why we're in the fucking mess we're in
is because they basically
stopped the system from
doing what it did in 2016
and then all the shenanigans happened from there
but a coup against the United States
government is not a fucking
light thing and it's not something everybody
just thinks we're going to sweep it under the rug.
And there's just no way.
There's no way that America can go forward until they address that shit.
Let me ask you this question.
And by the way, guys, are you writing notes down on this stuff?
Because this is the kind of stuff I took notes on yesterday.
This stuff is, like, the Greek um you know media uh services is competing with
you asteroid you better watch out um so but here's the here's the one question i would ask then how
about the jfk coup that happened so and that got so what what they say is that's when it all started
back then is when they realized how fucked up uh the cia was and how that's when they say the good
guys started to plan and it took it's taking this long to get that's how bad it is that it took them
from jfk to now to to get into a position where they can fucking do something about it and and
trump said it himself he said we caught them all we caught them all let's see what happens right so that's all going to come
out like it's not what they did is not something you can take lightly like it's this is a major
major thing what's coming out uh the the the stolen election the whole all the russia russia
russia bullshit um just everything everything that more it's more the coup against the president the stolen election, the whole, all the Russia, Russia, Russia bullshit,
just everything,
everything that more,
it's more the coup against the president of the United States,
the coup that they did.
Like that shit is not,
they're not going to let that slide. And even the Hillary with the whole fucking uranium thing,
there's just so much shit that's going to happen.
That's not going to be swept under the rug.
Just cause we haven't been hearing about it. Oh boy,
Christopher is going to get you. There's just so much shit that's going to happen that's not going to be swept under the rug just because we haven't been hearing about it. Oh, I agree. Christopher's going to get you.
Who's Christopher?
The one giving the thumbs down.
You think that's going to win the midterms?
Well, Christopher, he hates Trump, so I
get where he's coming from.
Christopher's very fond of Trump. He just doesn't
like that he's a taker. Well, I mean, listen,
if Christopher thinks that
they're just going to let all that slide
and sweep it under the rug,
well, bring him up. That'll be fun.
Fucking relentless.
I'll be nice. Bring him up.
Christopher has an open invite here
anytime he wishes. We love Christopher.
Yeah, I like Chris.
I'm not
a Democrat.
I just vote on the issues. I don't really look at parties. Neither do I. All I'm not I'm not a democrat I just vote on issues
I don't really look at parties
Neither do I
All I'm saying is that what they did
Jacob has the voter polls
Come to his island
And he votes in person that way
So listen we all heard
D&I Gabbard say
That there was a coup against the presidency
Right so that's in the news.
That stuff's not old news.
Wait, are you talking about JFK or Trump?
No, Trump.
So what they did when they conspired against him, that is real stuff.
And that's so fucking bad what they did.
Just because they're not talking about it right now,
people think it's going to be swept under the rug
and we're just going to move on forward, but that's not
going to happen. Here's my
issue, though, with that,
is that they released the
JFK documents, and we
were complicit in allowing this to happen.
It's been uncovered,
and we've done nothing about it.
So why, since now
you're saying that we're in the process of uncovering the Trump coup, as you call it, and we're not going to tolerate it.
Why are they tolerating the JFK then?
I don't know.
As far as that goes, I don't know what I think. I don't know fuck all. But what I think is that what they did, the coup against the president of the United States and the stolen election, if they figure that that's true and that that happened, and if they figure out that COVID was released because Trump was in office and that was one of their counterattacks because of it, that all this shit is going to come out.
And now we're,
as we go towards the midterms,
he cannot afford to lose the midterms because they'll literally impeach him.
And it'll just be everything that he's done is going to be fucking a wash.
And there's no way they're going to allow it.
So this is going to be the first year where the president who's the president
also wins the midterm.
Cause you guys hear that.
Oh, whoever's president always loses the midterm because you guys hear that whoever's president
always loses the midterm something's
going to happen something's going to come out
august september ish
that's going to just fucking
turn everything on its head and
that's what I think
to that point
like I'll just respectfully disagree
like I don't believe in
most of that greek but i'll
give you this caveat let's say that it did like i don't think the average american really cares
about that i think it's more of the economy economy and like the tariff nonsense like going
back and forth like i really don't think if there is even i mean there are a couple independents that
i kind of like i'm like independent a little bit to the right, but it kind of flows on the day if I lean a little bit to the right or lean a little bit to the left.
But my point being is that type of shit doesn't really matter.
The average person isn't going to look at,
oh, this is this.
It's more of like, oh, fuck, Trump just raised 100% tariffs on China
and I've got to figure out how to do my imports or exports.
I think that's what the average person is looking for.
And I honestly think he's already lost.
I think he lost in midterms. I think it's going to be a landslide. He's going to lose. Yeah, I hear you. And I see that's what the amateur is looking for. And I honestly think he's already lost. I think he lost in midterms.
I think it's going to be a landslide.
Like, he's going to lose.
Yeah, I hear you, and I see that side of it.
But I just, I personally just don't, I think something's going to happen.
That's just my, you know, my hope.
He shares a lot about his feelings.
That's all right.
Those are my notes.
I got these in big capital letters, his feelings.
That's right.
I was very moved by them.
The one thing I would say, though, is that, you know, even if he was to get impeached on Greek,
that, you know, by the time it actually went through, like, the process, he'd be out of office.
It wouldn't matter. So to that part, I don't think you should be worried too much about the impeachment part. You know, his, the polls for him, like his, what do they call them?
What do they call the polls for the president?
Yeah, his favorables or whatever they call it.
Approval rating.
Approval rating, yeah, that's the official term, right?
Yeah, his approval rating is like the lowest, it like lower than it was you know it's like it's like it's i think it's like in the 20s it's
like half of what it was when he was getting elected it's like the worst yeah i know the
other thing is he's not he's not even getting um he's not involved with the midterms if anything
it's a clean slate even the republicans are like listen he's he's gone. Like, it's so fucking ridiculous, right?
Even Pam Bonney saying what she said.
Like, it's just so fucking outrageously stupid.
And, like, we're all sitting there going, how the fuck can this be real life?
That that's why I think something's going to happen.
Because I just think it's so fucking outrageous that there's no way this can be real.
And I think it might be, like like an awakening thing to wake people up,
like so that we can bring both sides together.
Cause both sides hated what the fuck she said.
but I don't,
I just don't,
I just think that we're in such a fucking clown world right now that
there's just no way.
You smell something,
Greek.
Yeah.
That's what it is.
I smell something.
Something's up,
right.
Like it just can't be real.
This is too fucked up.
I love how Canadians say we,
when it's talking about the American policy. Well, because I
consider myself not a Canadian.
But you can't
vote over here, right? No, but
you can sponsor me and get me a visa.
Even though you
feel you're American
or you feel lying to us.
I gotta get Fred to fucking get me a visa so that I can work for him.
Just walk over the border.
Fuck, it's easy.
There's no one there.
It's been fucking 10 million people walking over the border.
I'm too white.
I'm too fucking white.
Yeah, you'll let you wave you through.
No problem with you.
If they stop me at the border, you'll walk right through.
Greco, you just got to smooze Jamie a little bit and i can get you a green card that's what i need i need a green card man no man i i'm not you know you're first one he's already married and i
and yeah there's a gay vibe there yeah yeah and there's no uh no green cards for guys not in this
family hey british what's going on?
Are you going to chime in here?
Are you just going to sit in the back and troll us?
Morning.
I'm just listening to all the goy-maxing going on in this room.
You know, the goy-maxing didn't take off last term.
It might be a European vibe.
I don't know about the American goy.
No, no, no.
All the serious people understood exactly what I was saying.
Like us, Jacob. Jacob understood exactly what i was saying like us jacob jacob understood exactly what i meant i did wow thank you jacob's on a serious level
he's been elevated it's uh it's a secret society okay what's going on with you brother is it is
it obviously nine hours hold on uh uh let's see 11 we. We're looking at, let's, it's more early morning for you.
You're up early.
Yeah.
It's seven,
uh, seven 46 in the AM.
We need a,
we need a,
we need a keloid,
update.
We need a conversion ratio to pounds.
Life is,
life is quite good.
I came in the room earlier and obviously you know you were
allowing the uh three aces delusions to go on so i thought uh the exit stage left
and uh now i kind of want to like i disagree with what dumb greek is saying sorry that was
perfect for you that was a shit stirring moment for british to come in here and really get it
no i don't i don't i don't find any value in stirring shit.
That has nothing to do with me.
Only when it has something to do with me.
Yesterday's conversation was quite...
Well, you left.
I don't know where you went.
But misdemeanor is...
You two have a special relationship.
We really don't.
You do.
We really don't.
You really have to get a little more granular.
She actually...
You pound women hard, and she likes to challenge.
Yeah, well, that was...
Yeah, pause. But then... Well, it's not gay, so we don't need to challenge. Yeah. Well, that was, yeah.
Pause.
But then,
you know,
but then it's not gay.
So we don't need to,
it's not gay.
So you don't have to say,
we don't have to pause it.
She's married.
She's married.
She's married.
She's old.
Like,
what do you want me to do?
But it's like,
it's like you guys have like a,
a weird respect for each other.
It's weird.
Or I really don't, I don't. Maybe it's one sided. She, you know, each other. It's weird. I really don't.
Maybe it's one-sided.
Yeah, you're putting words in my mouth.
You're putting sentiments, actually, in my mouth.
I don't want to do that.
I don't want to put anything in your mouth, Brish.
We're getting off track again.
Yeah.
Look, I don't.
Yeah, like, I don't know.
I don't know, Jamie.
It's a very interesting time on Spaces.
Like, she comes up on Spaces, and you are publicly like,
why do we have women on Spaces?
They should just be quiet.
And then she's like, yeah, you know, she argues.
She goes, all right, well, I don't even just be quiet.
She kind of like, she doesn't argue the points where you say women shouldn't be quiet.
She adds her points, but then she doesn't argue the points that she doesn't.
So I don't know.
It's like you guys have an understanding about where there should be conversation. It works. I don't know. It's only with British that she doesn't think so i don't know it's like a it's like you guys under have an understanding about where there should be conversation it works i don't know it's only
with british that she does that though any other space with a guy like says anything like that she
loses it yeah because because because british knows how to handle a woman and the other and
most of the guys she argues with probably don't it's has in his mind, I mean in her mind,
British is a man who commands respect.
And she respects it.
And other guys in the States, she's like, these guys are Mitch's.
And she tries to eviscerate them.
Ronan, what's up, brother?
I saw you took your mic off.
How are you doing?
Hello, Jamie.
Good morning.
I mean, I've been in many spaces with Mr. Mina. what's up brother i saw you took your mic off how you doing hello jamie good morning i mean i've
been in many spaces with a misdemeanor she's in a lot of the obviously the geopolitics stuff with
simon dixon and what yeah she's fine but she's very animated and very screechy like she really
gets like screech she's a lot of woman she's yeah it's intense it's intense and then it's obviously
just a one-liner on Iran nonstop, right?
She's an Iran-first activist, you know, and that's cool.
But, you know, you just got to admit it.
She comes ready to fight.
I like that.
The one thing I don't get, and this is where you and I align,
the British, is what the hell is my wife doing on Twitter all these damn hours?
And why are you hanging out and arguing with these other men on there,
get your ass and do something else.
You don't need to be on Twitter doing nothing.
No, like get in the fucking kitchen, right, Jamie?
That's what you said, right?
I don't even care if she cooks for me.
I can cook for myself.
I have other needs that you can focus on.
But you don't need to be hanging out with some other people arguing on Twitter.
Focus on me.
That's where my attitude is.
Happy Chinese New Year, Jamie.
Yeah, to you as well.
It's the horse.
Did you see the acrobatics of the Chinese robots?
I haven't seen anything.
But what's your nationality?
Were you affiliated?
Well, I lived in Hong Kong. I lived in Hongong kong i lived in hong kong hong kong china seven years but i'm british okay and like
some of the markets are open right not they're not all closed right oh there's again the chinese
lunar new year holiday so yeah a lot of trade is everyone is traveling the whole country sort of
pauses and jumps on mass transit china China's very interesting to me now.
Like, I really want to visit China.
It's fantastic.
Fantastic.
I've never been.
I've never actually been to Hong Kong either.
Hong Kong, incredible.
And then mainland China, Shenzhen.
I mean, it's a cliche now, but it's like living in the future.
Yeah, I really want to know.
I think that America's, like, making some really terrible decisions,
and I don't think anything that Greg is saying is going to happen this year.
It's really good.
All the conspiracy blogs always say this because it makes an election year exciting.
Even the party will sign and say shit like this or insinuate shit like this,
but it never actually happens.
It's the captured 50 states at this point.
And every decision that the administration is making
is not really allowing it to be uncaptured, right?
It might look like there's a period of freedom for four years.
freedom for four years. But having lived through a country that got captured, I can kind of
But having lived through a country that got captured,
recognize patterns that maybe Americans living through it right now can't, right? And so from
my perspective, like, I really do want to explore some of these other places. Like, I'm not saying
America is going to be a shithole in three years. I'm not saying that at all. But certainly, it's,
that at all um but certainly it's uh it's i think it's best days are uh are behind it well that that
that stuff ties in with the whole sort of the fourth turning sort of chondriative cycles if
you read all that stuff it fits i mean you just go to an airport in i mean it's basic stuff go to an
airport in singapore you go to miami airport miami international airport
and i tell you certain parts of it i mean bogota international airport is better than miami
international airport in columbia right like and that's columbia let's not even mention dubai
yes i mean even i mean some of the indian airports I was in Bangalore Airport a couple of months ago.
It's incredible.
It's like top three airport, top five airport in the world.
And it's just fantastic.
And then you go to LAX and you feel like you've landed in Bogota.
Yeah, I mean, I can understand, you know, all of the...
The American military is literally peak America. That's where they spend their money. Yeah, it mean, I can understand, you know, all of the American military is literally peak America.
That's where they spend their money.
Yeah, it's peak America at this point.
And it's amazing.
It's fantastic.
And it's powerful.
And it can get things done.
But, you know, the powers that be, the real powers that be, because clearly it's not the politicians.
the real powers that be are using it for different purposes
The real powers that be are using it for different purposes.
and that's okay, I don't mind if the American military
And that's okay.
wants to protect everyone
as long as everyone else can flourish as well
and that's really, I don't know
someone said, I can't remember who said it
but we're in the asset stripping stage
of the American empire now
yeah, it's been sold to foreign interests
same in UK, UK's been sold to foreign interests.
Same in UK.
I mean, UK is half-aligned by Qatar.
It's been asset-stripped, sold to foreign interests.
It's very evident in the US.
It's very evident in chunks of Europe, predominantly UK.
Growing up in the UK, we've lived through this, right?
Like, it happened before my eyes.
And so when I speak to Americans and they're like, no, that's not what's happening. MAGA. Whoa, whoa, whoa. I'm like, guys, we've lived through
this. Like, take a seat and just enjoy the show. Yeah. I mean, the MAGA movement is not for the
populace, right? It's not for the man on the street. Because look at their infrastructure,
look at the build. What would be exciting is if actually the US did some, let's say,
What would be exciting is if actually the U.S. did some, let's say, 100-year bond for name your trillions and started a huge infrastructure spend to rebuild America.
Something like that, something sexy, employment, whether it's robots or not, something like that would be amazing.
But the money just doesn't – I mean it's endemic of most of the West, quite frankly.
The money does not reach the man on the street.
And it's why everyone is in such pain, because you pay your taxes, you look around, there's nothing for them.
Which is why you've got a migration, logically, to places in the Middle East, to places in Asia,
where you've got family values, you've got moral values, and you've got something that...
You've got no misdemeanors hanging around.
You've just got logic, right? I mean, this is why countries in the East kind of work. The morals are actually still there.
The UK used to be a Christian country. Now you can burn an effigy of Christ in Leicester Square and everyone will say anything.
Try doing that with the Prophet Muhammad or pick your deity. But countries that retain morals, it works.
It works. I mean, I was born and raised in the UK.
Christian country, Christian school, fantastic.
You used to sing hymns at school, no issue.
You could step out if you didn't want to do it.
But there was morals, everyone abided to it. And what happens is when you start losing stuff like that is you will go to the lowest
common denominator of morals, and that just keeps on sliding.
So you drop some litter.
The guy next to you drops some litter.
You spit. He spits, etc.
You steal a bike, you think it's condoned.
And it just goes lower and lower to the lowest level,
and the lowest level is what we're seeing in most of Western Europe.
Contrast that with countries in the Asia and Middle East,
because there is still a cultural standard, a moral standard.
People stop in the middle of the street and start praying and park their cars and have prayer.
You look at it and you're like, okay, it's not my religion, it's not my culture, but respect.
Anyone who's prepared to do that, take X minutes of their day to just stop everything they're doing and pray.
I value that, I respect that, and anyone with any kind of sensibility will respect another person praying or meditating and
then you raise your you raise your game and if that's everywhere then your game is raised and
it's literally the polar opposite in the west it just goes lower and lower so you're like why not
why not do like everyone else claim the benefits you don't deserve do the things that you shouldn't
be doing and then you end up with a low bar for everything.
And that's really, really prevalent in the UK.
You can see it.
I mean, the UK, I mean, there's a lot in the press about it being,
you know, getting stabbed everywhere.
It's not a horror show.
London's still a great city,
but it's definitely a lot dicier than it used to be,
sort of after 10 o'clock, even in Kensington and Notting Hill.
It's not... a lot dicier than it used to be after 10 o'clock, even in Kensington and Notting Hill. You don't feel
even as a military-aged
male, let's call it, used to be happy
just walking around.
You just jump in Ubers
because you don't need the headache.
You just don't need a skirmish.
And I don't care if you're an MMA fighter.
If there's two or three guys, it's lights out.
Whoever you are.
But the point is, why would you want to feel like that
walking around the city, right?
Like, I don't want to feel like that.
Yeah, for a 30-year-old...
You know, it's kind of weird.
Like, it does build in, like, an instinct into you growing up in London.
Because even here in Dubai, it's like, if someone...
You know, like, nothing's going to happen in Dubai, right?
I'm walking around with a $150,000 watch, got my phone out, blah, blah, blah.
Nothing's ever going to fucking happen, right?
But someone gets slightly close to you, slightly, and that London instinct just immediately just turns on.
And it just makes you realize, imagine the cortisol levels,
everyone's rolling around in big cities like that.
And then we wonder why people get spicy.
What's the penalty there for someone
that does some dumb shit and fucks around to find out?
Besides on the street.
In Dubai?
Yeah, what's the, I don't know.
I'd have to look it up because I've never seen it.
I've heard it's very severe, right?
That's what's so great.
That's exactly what I was talking about.
We, we don't know because it, it doesn't have, I mean, you don't see it.
You shouldn't need to know.
You don't need to know the limits because no one contravenes them.
No, but I do want to know.
I'm curious.
I'm pretty sure. I'm pretty sure you will get put into prison.
So I'll tell you one story I do know of, Jamie.
This is one story I know, right?
So a friend of mine years ago from London, he was in the property game,
and he used to do like property.
One of his businesses was property stuff.
Another one was like high-end nightclub promos and stuff like that
and he moved that business both of those businesses to dubai and um and uh one night
they were they had a they had a table in a club i guess or whatever and someone
from the next table that was not his responsibility started having a fight started pushing and shoving
and someone from his table just got pushed and then pulled someone back to like break it up
there's secret police in every club in dubai right instantly minutes later police show round
everyone up including the one person that was on his table
who pulled someone that was involved in the fight.
And it said, all of you are getting arrested.
They arrested all of you.
It cost him $20,000 just to get out of that
in legal fees and then instant deportation
and a ban from Dubai.
Instant.
And it wasn't even his issue,'t even his issue right he just tried
because he got involved he got
so i'm looking up the yeah i just looked it up. Minor offenses, three to 20,000 to buy money, whatever that is.
Robbery.
If you're an expat, you get tossed right away.
You're out.
Deported.
Three to 15 years imprisonment for robbery.
It's a minor, minor.
if it's at night and with the weapon even if you don't use the weapon it's even worse
If it's at night and with the weapon, even if you don't use the weapon, it's even worse.
jamie i i i have repeatedly left my watch my phone yeah outside on a fucking bench yeah pretty much
at a coffee shop gone to find the bathroom ran into someone i'm talking to them come back and
i i do literally do not even
have the expectation that anything's gonna happen okay so robbery with the forced threat of coercion
um imprisonment from three to 15 years yeah um severe cases life imprisonment, or even death penalty, though rare, and then fines of up to $200,000.
Let's say that's like $45,000 to $50,000.
$50,000.
$50,000, $3,000 to $15,000 years, and up to life imprisonment if it's severe.
That'll make you think twice.
British, how long did it take you to get used to not having to worry about that type of stuff oh man a long time it took it takes a long time once you
move here it takes a long time you you start slipping within the first couple weeks right
like whoa shit but now just to put it into perspective my car is always unlocked in fact
the key to the car is inside the car at all times. I
never carry the key to the car on me.
Ever. I will leave,
park that car anywhere and just
get out.
Man, yeah.
That would be...
I feel like it would take me a long time
to get used to that. Not that...
I mean, it sounds great, but it's just...
Check this out, British. In contrast today, I'm just telling these guys,
here in Rhode Island, we had a guy at an ice rink with his family watching kids play hockey.
And the father, whatever, shot his wife and killed his wife and shot the two kids
in the middle of the
game and then killed himself.
Amazing.
Yeah. What the fuck? He wears dresses
just so you know. Yeah, and
that's the other thing is
the whole fucking trans
fucking thing.
Here's the thing, right? So all of that
is completely banned over here
yeah right like they have arrested they have arrested american teachers
who are at like let's say you know nyu abu dhabi campus for example and parents have called up
saying that my son or daughter was taught about this, that, and the other.
And how it's important.
And they've investigated.
And they've arrested that teacher.
And they've put them on a plane immediately.
Contract done.
Back to the US.
Go be a degenerate self over there in the US.
Not degenerate self, but go express yourself in the United States.
It just makes me feel like I'm hearing this, Jacob, and it's like the shit that we're doing.
It doesn't feel real, right?
It doesn't feel real.
Well, it's just like if it's so – it's like you've cracked the code, but yet we won't follow the model.
Like we're dealing with the bullshit because we don't want to actually penalize the people who do the bullshit.
How do you think I feel about the UK?
Yeah, it's worse.
It's the way we're trying to go, unfortunately.
Yeah, the code has been cracked.
And here's what I figured out, Jamie.
Here's the difference.
The difference is that the elites of the UAE live here.
The elites of the UAE love their home.
The elites of the UAE are proud of their home.
And so they want to protect their home.
When John D. Rockefeller was walking around America,
when Morgan was walking around America, when Morgan was walking around America, America was the best place in the fucking world.
Why? Because the elites lived there. you're in Stade, you're in Dubai, you're in Shanghai,
you're in all of these places
because American capitalism
is now absolutely worldwide.
It's American capitalism and markets
have detached from America.
Just like the British Empire,
the British financial empire
has detached from the United Kingdom.
And that's when you have your issues.
Yeah, if you can attract the value and live where you like it the best,
then it's cheaper.
Well, you don't have to.
You just live wherever you want to.
Because here's the other crazy thing.
Even at my level, right?
Like, let's just talk at my level.
And I'm not at this level that we're discussing.
Even at my level, I have basically the same experience in Dubai, London,
New York, Singapore, wherever. Even at my level, I land at the airport, everything's smooth on the
way out of the airport, a car picks me up, takes me to a fucking five-star hotel or wherever I'm
staying. A car then picks me up, takes me wherever the fuck I need to go to. I go to a five-star hotel or wherever i'm staying a car then picks me up takes me wherever the
i need to go to i go to a nice restaurant in any city i then go to a nice cigar
lounge in any city i then meet great people in any city i then have a great coffee in any city
i then do some great shopping in any city and then i get back on a plane and i come home to
dubai it's the same city, right?
The only difference was the people I'm looking at.
Yeah, so I think that's spot on.
There's a way people experience this city.
So I love London, but the London I experience is not sort of the London you see.
You go to your nice restaurants, you do whatever you want to do, and you get out,
and you enjoy and appreciate Green Park and Hyde Park and then you bounce.
It's the same in any other major city.
There's just a dual class.
You just don't because it's not worth dicing with any of the mass masses on mass transport on tube.
You just do what you need to do and get out.
And in that respect, the great cities are as great as they ever were. Still great. i had such a great time in new york everyone shits on new york i had such a
great time in new york if you got a i mean and also it's not like a huge amount of cash that is
required but you know enough to break above the level then you go to london i mean it's it's
fantastic right it's open your eyes i mean the place is gorgeous um but if you're sort of in
the mix and you know you're waiting for a night bus or you've got an 11 o'clock train, you're waiting. Again, those things are actually fine. But they're just a little dicey to British's point. It just raises your threat level. If you're with a chick, you're kind of a little concerned because you've got to look after yourself and her. Your head's on a swivel. And that's the thing, sort of doubling back on the Dubai thing.
You just don't have any of that, and it takes a while to get used to.
Because the second you kind of see anything a little bit dodgy,
which is not dodgy, you kind of go back into sort of Brit mode.
And then you start to realize you don't need to.
This is an interesting one, Jamie.
So, like, back in the day, I'm sure we've all done our partying,
and maybe we still do.
But, like, you're leaving a club or a bar, everyone's kind of drunk.
In UK, that was always dicey.
You're getting some punch up on the way out.
You step on someone's shoes and they're like who you put.
Like imagine a world, it just doesn't happen.
And everyone here has had plenty to drink.
I mean, the brunches start here at afternoon and run till as long as you basically want because there's after stuff
and there's never any issues so like crews and scores of drunk people not one issue no one is
like why'd you bump me you bump someone like sorry mate like everybody does that and that actually
used to be britain it used to be you want to get in the queue i don't go in front of me i'm not in
a rush it used to be uk and it was fabulous it was fabulous and there was a british culture that's the uk i grew up in you're like i'm
in this country it's a christian country respectful polite i mean our languages transcended the globe
and we're known for our politeness holding doors opening doors it's just gone and that's that's
it's a real shame so when people tell me like oh you don't understand
what's going on in america i'm like no no i've lived through what's going on in america like i
have actually lived the decline i'm on the other side of it now you guys are still like in the
delusion hey greek by the way the canadian school uh shooter who killed eight people last week
okay identified as transgender also yeah yeah it's it's it's a problem it's the tranny's gotta go
i don't know what to tell you guys i've been saying this forever the trannies have to go
i mean they're popping them up with all thesear, right, he's also going to be fucking aggressive.
Now you're talking about taking a woman and pumping her up with testosterone or taking a man and pumping them up with estrogen.
Like, these are issues the worst part the worst part
about the the trans issue from a a guy's perspective like if you're already an ugly guy
and you're not even going to be a better looking female like how does that improve life for you
you're like an ugly girl now you're an ugly guy now you're an ugly girl well because all you're
doing is really identifying.
The only identification is look at me in this world.
That's it.
That's the only thing you can identify as is look at me.
That's it.
I get it. There is no other identity.
It's either you're a normal human being or you identify as look at me.
Yeah, but I get it.
I'm just saying, but like maybe this is from a rational standpoint, obviously, that this is the – I don't have mental health.
But like if I'm not a...
There's no mental health issue, Jamie.
It's bullshit.
They don't have enough pressure.
They don't have enough problems.
That's the issue.
Life is too good.
If I'm not a handsome man, I don't think I'm going to be a very attractive woman.
That's my only point.
That's all I'm saying.
Yeah, that's valid.
Yeah, I think that's valid, Jamie. But I think this is why
it's particularly scary for kids. Because to that point, if you're not in the in crowd,
let's say you're a girl, and you're sort of not a girly girl, let's call it that. So you're not
in the in crowd. Because it's so prevalent, and you're seeing it, quite frankly, on every platform,
Netflix, you see, and you're like, actually, I don't fit in probably because maybe I'm not a girl.
Maybe I'm a boy.
So that's the problem.
So it's actually, it's not so much I will be a sexier man.
It's just a fuck you two part of my language.
I don't fit in in that class.
So let me just flip.
And Fred also, I agree.
It's slightly more interesting because you can tune this rational thought.
I think the parents are really responsible for what's going on.
No, but Greek, this guy was a 56-year-old transgender woman, a man, woman, whatever.
So the parents have long been not part of the equation of this.
Like, he's a 56-year-old man who identifies as a woman.
And by the way, he was like a bodybuilder woman.
Yeah, I saw that. Don't you just ignore all this stuff now? I just read it and I just
don't give it any airtime. It's just beyond stupid.
Well, I didn't either until I saw 50 police
cars, you know,
in my area.
Okay.
You know, killing people,
hockey kids running in the stores for safety.
And I'm like, what the fuck is going on in
fucking Rhode Island? Like, I'm like, this is like this is crazy it was nuts the whole every police department uh you know we're not the smallest
that you can go from border to border in 30 minutes so you'll see what's going on i mean
every police car that they had available every ambulance um and people and fbi from boston came
down like there was more law enforcement than than citizens
than residents here in rhode island it was and another problem is like you literally have them
in the government right like they're they're in the government trying to push it um and you know
you've got one for sure that was there with hillary the other day whoever that person is but i'm sure
there's more of them.
Like, look at fucking Biden's health secretary
and his thing, right?
And they're pushing this
and they're starting to become in positions of power
and they're just pushing and pushing and pushing
and it's a fucking mess.
But you guys say this like it's their fault.
Your brothers and sisters are voting for them.
Do you understand?
That's what I had to come to terms with.
This is what I had to come to terms with about the UK.
Listen, this is what I had to come to terms with about the UK.
I used to hate all of this shit going on.
And then I had to eventually sit there and go, they're being voted for.
Like, come up with any excuse you want.
First pass the post, political system, you know, oh my God, the vote gets fractured.
Oh my God, all of this shit.
They voted.
Exactly.
I mean, I was in a room, the Bitcoin evening one with, you know, the dark side and the two guys who make those really stupid, lame five-year-old kids jokes.
Hold on a second.
Hold on.
Hold on.
Hold on a second.
That's Bitcoin today.
Let's not confuse it with the Bitcoin tonight.
Yeah.
Valid.
I'm crazy, sir.
I dare you.
They make really just like five-year-old kids jokes at the beginning, which is awful.
But anyway, so dark side
was in it and this stuff tells into british's point and he's going on about the epstein stuff
and this is an again american thing he's like yeah i don't know what's going to happen i don't know
what watch it's so painful this is i don't even want to make any money because this is more
important nothing changes nothing changes this one is going to bring it all nothing happens only This is more important. Nothing changes. Nothing changes.
This one is going to bring it all down.
Nothing happens.
Only idiots have realized that Epstein's stuff is real.
He said he doesn't want to make money?
He said that?
Yeah, but he's like, I don't, yeah.
That's why I call them boomers. It's total nonsense.
He's like, yeah, yeah.
Money is secondary to me now.
This is bigger than that.
Something needs to change. It gonna break yeah before that it was the whole keone and going into
fucking prison bullshit like and it actually makes g money guy sound rational because actually he's
like you know what at least i do something i'm not paying taxes because the rest of the g money
is the most rational out of all yeah he's just like so actually, he's just like, there's an action there. He's like, my action is I'm
not paying taxes. And he goes, if we all did it, something would happen. And there's a
train of thought, which is, there's logic there, right? I mean, it might be a bit crazy,
but there's something. But the other guy is like, I mean, it's actually an American thing.
It's going to change. Oh, my God. What do you mean? Oh, my God. It's always been like
this. It's insanity. And you live in pure insanity. You vote. I do you mean, oh my god? It's always been like this. It's insanity.
And you live in pure insanity. You vote. I mean, also, we've all got these faux democracies.
And this is a broader point that everyone penalizes and villainizes China, Russia,
Middle East, because they have sort of autocracies, etc.
We all have autocracies.
Like everyone is mentally,
I mean, it is,
but it's not retard-maxing because they're not there yet,
but it's retarded.
Nobody has a vote.
In the UK, we'll say we have a vote.
You vote.
It's the same thing.
And it's not the thing you chose.
It's go-maxing.
It's a faux democracy
across the whole of the Western world. You vote, but it means nothing. They're right. It Goy-maxing. It's a faux democracy across the whole of the Western world.
It's Goy-maxing. They're right.
It's Goy-maxing.
Call it what it is. Well, the Goy thing,
I mean, again, everyone basically lives
on social media, but no one, when you
mentioned Goy yesterday, they're like, what's that?
What do you mean? It's Goy-maxing.
It's obvious, right?
The Israelis call basically anyone
who's non-Israeli, pure-blood elite.
No, it wasn't even that, though.
Forget that.
That's the old definition, right?
The new definition, anyone who's a retard.
Anyone who's a retard slave is a goy.
You're goy-maxing.
That's what it is.
You've got to be IQ-maxing.
You've got to be body-maxing.
You've got to be wealth-maxing. You've got to be success-maxing. You've got to be IQ maxing. You've got to be body maxing. You've got to be wealth maxing.
You've got to be success maxing. You've got to be doing all of those things. But what do you
choose to do? You choose to goimax. Well, I mean, it's a broader point, but like,
at which point do you realize that it makes no difference? This pontificating nonstop and saying
the 17 is going to bring it all down. It's complicit.
It's rot all the way to the top.
So you may as well have an autocratic government that gets stuff done.
China, they want to build a road, they build it.
They've built 24 airports in the time America plans one.
And then time the UK puts the planning for even a road.
They're building nuclear reactors.
They're building everything.
I mean, look at Tremont's stuff.
I mean, the solar energy that they added.
Everything.
They just get it done.
And then they're not scared.
I mean, this voting thing.
We haven't had a vote.
It's faux democracy across the whole of the Western world.
And people don't realize that, but in the UK, right?
Like, the UK is a perfect example
because I vote conservative my whole life
and i realized in this last election that basically what i've been voting for is absolutely nothing
because they've been exactly the same as labor exactly right so it's like that like you're in
and americans don't quite understand this yet because because you will understand it as time goes on from here,
I think. But you don't understand the fact that whether you vote left or right, you're voting for
a zookeeper. The zoo owners never change, right? And so until the zoo owners change, nothing's ever
going to change. And the zoo owners are never going to change. Your vote is pointless. Putin put it
perfectly succinctly he's like basically
what happens and he goes i know this all of see he's plugged in he's like people get elected in
the west and then the guys with the briefcases come in and say here are your orders so look i
mean let's take starma for example he's owned right he's controlled like that what happened
in the uk was they kept making bad decisions, awful decisions, like objectively
awful. So for so long, huge cognitive dissonance amongst the whole populace. Oh, they're so stupid.
How can they be making these decisions? How can they be making these policy decisions,
these macro decisions, these fiscal decisions? They're just so silly. If they just look at the
math, it doesn't work. They're not making them for the populace, right? They're controlled. There's a different
agenda. And they're not stupid. They have game planned this out 20 years past Sunday that you
can't even fathom, like with 4D tests on steroids. They know what they're doing. The first thing to
realize is they're not stupid. They are very, very aware and very, very smart, and they're the elites, and it's not for you.
So all you can do is maximize your opportunities however you see fit, whether it's change location, whether it's change gig.
And also, I mean, in the UK, the tax system is so burdensome.
I mean, I don't want to go too much into the vagaries, but you're better off, I'll just stick with sterling numbers, pound numbers. You're better off earning £100,000 versus earning
£140,000 because of the taxes, because of the brackets you fall into. So you actually don't want
a job that puts your head above the parapet and makes you too senior because you'll actually end
up making less money and doing more work. So people game it.
So you kind of got to work smarter.
And then obviously the smarter way is obviously move to lower tax jurisdictions.
But again, I mean, there's just a low IQ thing basically across the whole planet,
which I think also people don't want to admit.
Most people are pretty stupid.
And the few who are sort of, let's say, not stupid, can't affect any change, but think they can.
I mean, like the Bitcoin today thing,
where they think stuff's going to change.
I mean, you're smart, but how you think you're going to change something
is honestly anathema to me.
It makes no sense.
And to still believe it,
because it causes you pain every day
if you think you can change it,
if you just relax and realize you're not making a change.
Okay, so here I'm going to say it.
I'm going to say it.
If what I said doesn't come true this year, then I'm on, I agree with you 100%.
That we're fucked.
That's no consequence.
What's your supposition, Dom Greek?
No, no, he has to self-deport himself
so my supposition is
that
the coup against the United States
the stolen
election, all that
stuff as we work towards the midterm
is all going to come out and that
something's going to happen
where Trump's not going to lose the midterm
and I know that's I know that's hopey.
I get it.
But here's how I look at it.
If that doesn't happen, if there isn't something that happens,
then we're truly fucked.
And you're right.
It's literally I'm going to move to Dubai or I'll figure something out.
But I'm still holding on to a little bit of hope that something's
going to happen, that they're not just going to sweep all these serious crimes under the rug.
That's all. Yeah, but this is kind of what I'm saying, dumb Greek, is that there's still this
sort of this semblance of vestige of hope. So, you know, people still talk about elections being
like it just doesn't. OK, let's say the election was stolen. What are you going to do about it?
Let's say it wasn't stolen. What are you going to do about it let's say it wasn't stolen what are you going to do about it like it doesn't matter it just doesn't matter whoever ends up in control ends up in control and it's chosen but
this is where this is why this year is so important because it's it's it's an important
year so important right well this this i get i hear what you're saying man and and and i agree
like we're fucked but i'm hoping that we're not.
Yeah, my left field, actually, for the midterms is,
I think there's precedent, I think, in the 17th century
where they actually cancelled a midterm.
I think all bets are off.
I think everything is so insidious and so gamed
that if Trump actually thinks he's really going to lose,
which it looks likely,
but who knows, that maybe they just don't happen. There's some systemic, some issue that's going on
in the US and they're like, you know what, this is not a time, like force majeure or whatever you
want to call it. We can't do them, not at this point in time. We've got to clean out the rot.
I mean, anything can happen is my point. So you just get your popcorn and enjoy the show.
Because, I mean, and it's not defeatist,
but you can keep on cracking your head against a brick wall on a daily basis
trying to affect change or thinking you might,
and it just doesn't work.
So, I mean, like back to the Bitcoin today.
I mean, he was almost in tears.
He's like, I don't know.
That's crazy.
That's crazy.
They're not going to not have the midterms.
That's just, that's as crazy as the Greeks.
Exactly.
So this is what the thinking.
Political back row.
My point is, it's all crazy.
It's all absolutely crazy.
Yeah, I get it.
But they're not doing anything about the Epstein files. Did somebody say they're not going to have the midterms? Yeah, that's all crazy. It's all absolutely crazy. Yeah, I get it. But they're not doing anything about the Epstein files.
Oh, did somebody say
they're not going to have the midterms?
Yeah, that's just insanity.
I wouldn't take any bet off.
They're not doing anything
about the Epstein files.
You know, so like...
But somehow the midterms
are going to be shut down
because something greater than that.
Like, what could be greater than that?
Every podcast has been corrupted.
Why aren't they doing anything
about the Epstein files?
Yeah, because they're all involved.
So the thing moves on.
What are you going to do?
So why does the populist think that can affect change and it's going to fix the system?
This is going to clear everything out.
Listen, this is the problem.
This is the problem with both of your arguments.
Is that whoever gets elected is going to rape and pillage us.
And one just may do it in a way we prefer to be raped and pillaged.
Like the last one was going to have untaxed, unrealized gains on taxes.
They're going to have the trans, the border illegals and DEI.
OK, that was how they were going to. And then while we were living That was how they were going to...
While we were living in that, they were going to rape and pillage us.
This one said, hey, listen,
we're going to give you crypto, we're going to shut down the border,
we're going to get rid of DEI
and the trans stuff, and we're going to rape and pillage you.
Everyone's going to get raped and pillaged.
It's just the way
you prefer to be raped and pillaged.
It's not about...
We don't win either way, whoever gets
midterms or otherwise.
That's the crazy part.
To be clear, I'm not saying that their intent is to rape
and pillage. Their intent is they have
their own reasons to do things.
No, I'm saying that's the reason.
And sometimes those
reasons, whether it's the military
industrial complex or the financial industry,
they may help the man on the street, but largely from what we've seen it tends not to
um it can and then you have a you know you kind of feel it tends not to what help the man on the
street what's the man on the street what does that mean the mass populace i'm saying they have
intents and purposes they have aims they want to achieve.
I'm talking about the government.
You're talking about the people, the citizens.
Yes, the government helping the people.
Yeah, and what are you saying?
That they have the people's best interest or not?
I'm saying their intent may not to be
that we want to rape and pillage the populace.
They have things they want to achieve.
Some of those things happen to help the man on the street.
Some of them don't.
Yeah, well, I think they believe it does, and i think it will help some in all cases but i think at the end
of the day all avenues uh benefit themselves well yeah i don't think they believe some of the things
that they do help they just do them yeah i mean then listen this is the semantics my point is
regardless of who you elect their best interests are ahead of ours, regardless of what party.
Agreed.
Yeah, so my point to Greek is, like, with the feelings of this may work out and he might stay in power or whatever, have authority.
Like, that may happen, Greek.
I don't think it will, but it may.
Okay?
Like when this whole last election, like I was on YouTube on a weekly news broadcast type event, whatever, and they were largely Democrat.
And they were, you know, telling me that Camilla was going to win, going to win, going to win, going to win.
I'm like, I don't believe these polls.
I don't believe it at all.
I think this is completely made up.
I think that she's not going to win at all. And that's the way it worked out. I wasn't popular for it. I'm never popular
because I speak what I think is going to happen and what I see, not what I want to happen. But
my point is like, even now, like I would think that forget sentiment, you know, we have a better,
in my opinion,
but again, I have to take myself out of it.
I think we've accomplished some things
that I think are better for the culture.
But regardless of who gets elected, I...
Like what, by the way?
What have you accomplished that's better for the culture?
Well, I think on the core issues of what I just talked about,
like the immigration...
Okay, so that's not congressionally approved.
So that will be turned around in three, in two and a half years.
What else?
Well, we, no, we, I disagree with that British.
The immigration policy has never changed.
It hasn't changed from, you know, from Trump to Biden to Obama to Bush.
There's always been an immigration policy. Whether it's been followed or not
was depending on what the president at the time
felt it was to be focused on.
But there's always been an immigration policy in place.
That's never...
So then Obama followed it better
than any other Republican president.
So next time you get a Republican president,
they'll stop following it.
And what else?
Yeah, it just depends on what narrative you have.
But I'm saying on that specific, it's always been – the policy hasn't changed.
It can't be reversed.
It wasn't an executive order.
It was just they decided to follow the actual –
No, they chose to follow the rules, right?
I agree with you, right?
But they'll just stop next time when Republican donors go, you know what?
I miss my cheap employment.
The only way this bullshit immigration is going to get fixed in the West is the faster we move towards AI and robotics so that the Western populace doesn't need to work.
In which case you can get rid of this over bloated excuse of bringing in cheap employment and you can actually protect the country.
That's it.
That's the only thing that's going to save it.
Otherwise, you will have cheap immigration.
Yeah.
And listen, if I don't agree, listen, if the Republicans felt that it would benefit them, they would probably adopt the policy.
The policy is fucking genius to get elected.
So I don't even think it's a moral issue for the Republicans.
I think it's just a disadvantage to them to allow what the Democrats did to bring them in and pay for everything so they vote for them and not require voting requirements so you don't think so if the republicans were smart enough to go you know
what maybe we should bring in a bunch of people and then legalize them so they'll vote republican
you don't think they would have done that no i just said i think that they would i think that
they would have they but because they did now they're against it yeah but it's a genius strategy
so i don't think it's anything to do with the moral i I think it's like, fuck, they thought it would be forced.
We've got to stop this, and that's why they're against it.
But if they thought it first,
they would absolutely use it.
It would be the best thing on earth, yeah.
Yeah, exactly.
That's politics.
Yeah.
That's politics.
So the DEI, that was something we didn't agree with.
They got rid of, all right?
The trans and women.
Well, the reason why DEI went away is because it was no longer profitable.
And that's what you've got to realize.
Like when you're dealing with a cap, the reason why China's whooping everyone's ass is because they're doing things that are not profitable, but doing the right things.
Right.
from US tech firm valuations
is because Anthropic puts out a model.
China puts out a model 90% as good, 20 times cheaper,
and the whole world can use it, and it's open sourced.
And suddenly you're looking at $500 billion
being wiped off of NVIDIA.
This is the attack vector.
Do you understand? This is the attack vector. Do you understand?
Like this is the attack vector
because they're choosing to subsidize the right things.
America could do the same thing.
America could subsidize right now,
robotics, AI, everything else,
aggressively, as aggressively as China,
create a $5 trillion spending plan on AI.
And guess what?
You would start putting a dent in other AI markets,
but they're not doing that.
They're continuing to print money to give to Somalians.
Yeah.
And at the end of the day, bro,
like I know you as an entrepreneur in that mindset of what you just
described is reinvesting into yourself,
into your own country where maybe right now you're not winning,
but over time it just builds and builds. Yes. is reinvesting into yourself, into your own country, where maybe right now you're not winning,
but over time it just builds and builds and builds. Right, compounding.
Yes.
Yep.
And so it's a long-
I want the UK to do the same thing as well, by the way.
Like if I was the prime minister of the UK,
the first thing I would do right now
is give the military the task of securing oil
and energy for the UK.
I would put the military in charge of that.
And we have amazingly capable military.
When they're actually, well, the high end of the military,
special forces wise, we have an amazingly capable military to this day.
They are the fucking best.
And so, you know, if we put the military in charge of securing energy
for the United Kingdom and then securing the border, within 60 days, not a single rat would move across the border.
Guarantee you that.
Yeah, that's the problem is that energy is your killer's heel.
Like being dependent on energy and then, you know, and you know what's fucked up is like the whole shit, like, like with with the U.S. blowing up the fucking pipeline.
And and then that's a great strategic move for the U.S.
Like, this is your allies.
Like, this is who you're fucking dealing with.
And you're fucking the mercy of people who are supposed to be in your team.
Well, no, that was more so Europe.
That was more so Europe.
Right.
Like, you've got to remember, like, we're not the U.K. is no longer part of the EU.
So we have already we have always done good trade with the US. And that's why, again, we had the
first trade deal, right, with the US, because we just moved fast. We understand that. The problem
here, the problem that's going on is the EU is trying to become the US. And they got to be put
back into their place. I completely understand the geopolitical game of it.
And blowing up the pipeline
is a fantastic strategic move
for the U.S.
It's genius.
Because the worst thing you want to see
as the U.S. is an alignment between
Russia and the EU.
Yeah, and I think
that's going to be be interesting do you think that
like you we've we've talked about this before like on a macro level like kind of
the possibility of like russia and and and america kind of like being strategically ahead of
where things where they're trying to take things i I do not think it's a sub-20% possibility
that there could be an alignment with Russia
and the United States of America.
Because if you think about BRICS
and you think about the geopolitics of it,
or you think about Russia wanting its frozen funds back,
the only entity that can do that is the United States.
So at this point, I think that's why the trade deal is taking a little bit longer than,
or the peace deal rather, is taking a little bit longer than expected.
Because I think there's more things being worked out than we would like to see.
If I was the US right now, I would be offering Russia, you know, strategic alignment on NATO.
I would be offering Russia the unfreezing of all of their frozen capital Europe-wide and in the U.S.
I would be offering Russia a small piece of Ukraine.
And what I would be expecting back is a hundred-year alignment towards the US dollar
and a public stepping away from BRICS.
That would destroy BRICS.
And it would also put China in a weird place as well,
because now Russia is on Team USA.
I think that was a good Freudian slip, British,
when you called the peace deal a trade deal.
Spot on.
Listen.
Done.
Was it a Freudian slip?
Anyway.
So, yeah, like that's, that is what's going on here, I think.
And I think that would be the smartest thing.
And do I think that there are people in, I mean,
Russia's economy could double
with open trade with the u.s but do you understand there is not a single other partner in in the world
that can double the russian economy within a five to ten year window than the u.s well it
the logic of that plays really pretty well i mean they've europe has russia has been made into
europe's bogeyman forever. Anything that they say or do
is negative, and they're going to take over Europe, and then they're going to be in
Leicester Square in London, eating our waffles and going to our theatre shows, right? And Putin's
going to take over everything. So that bogeyman story is well-entrenched. The Nordstrom pipeline,
we still don't know who blew it up. That's major terrorist incident and no one cares. No one is fine. Just got blown up. Don't worry about it
But obviously we knew I blow it up we did but it played into the hands perfectly
So actually an alliance between Russia and us logically makes more sense. You've alienated Russia from Europe continually
So having some kind of two big powers working together on energy independence on whatever you want
logically makes sense.
And by the way, what type of position does that put Europe in?
Europe's now the bitch.
Anemic.
Right. You have no oil.
You've got no innovation going on. You do not have a low-cost economy that can drive growth.
Whereas if you've got an alliance, just think about it geopolitically.
If the USA has decided that it is going to become the most strong empirical regional power,
then you want the West completely aligned. You want South America, right?
All of the Americas aligned, so they've got to fix Canada now, next.
But South America is basically kind of aligned, right?
And this Venezuela move is quite interesting.
Then you get Russia aligned.
So now you have the arc over Europe.
And then Europe's going to fall into alignment anyway.
And then you've got the Middle East.
You've secured such a large block of influence.
And now China's got to deal with its own issues because it's warring with India all the time,
and India's growing faster than China. So you've created a really interesting position for America
if you get this done. And I think that's what the team over there is trying to get done. I don't
think that Trump is surrounded by idiots. Let's put it like that. A lot of people
think that he's surrounded by idiots. They're just working for a different goal than you
want them to work for.
Absolutely. And this whole Monroe doctrine of the Western Hemisphere is controlled by
the West and the East is controlled by the East, it seems to be playing out. I think
that the US is actually
taking a playbook from the Chinese story, and Trump has been very vocal about this,
is that, look, we've got this election cycle, and this is very popular in the UK. The first
party comes in, and then the next party gets in by reversing all what the last party did,
et cetera, et cetera, ad infinitum. And the US, to some degrees, is similar.
What they're trying to do is a longer term plan.
China thinks in centuries, not decades.
Don't even think in decades in the West, more like three, four year cycles.
You look at a longer term plan.
And those things in the interim of the long term plan are hard to fathom and painful.
But you see the bigger goal.
And the bigger goal, a lot of times, it's the detriment to the man on the street and
to the detriment to populist opinion.
But the plan remains.
And it puts you in a much stronger position in the 50-year game, in the 100-year game.
And that is a very tough pill to swallow in the West because we're just, quite frankly, not used to it, seeing the bigger picture.
because we're just all about what's happening in six months,
Because we're just all about what's happening in six months, what's happening in the next election cycle.
what's happening in the next election cycle.
And the answer is nothing,
because one party reverses the policy errors of the last one,
and they get elected as a result.
So you end up in stagnation,
which again, if you look at this Kondratiev cycles
and forth turning, it fits.
It's the end of capitalist economies
because they kind of exhaust themselves under their own steam.
Logically, it makes makes sense and I guess certainly
I don't think Trump is there any idea it's far from it probably one of the most uh intense
what capitalist economies exhausted themselves under their own steam Chicago no I just wanted
to know what which one uh Chicago you know and then the fourth turning was kind of thrown there
which the own their own authors and espousers of that theory
have said that that is a uniquely American phenomenon.
So I don't know how that fits with other countries.
But I was curious.
We're talking about America, Joe.
Yeah, what other capitalist country?
Chicago, Illinois.
What are you talking about?
Illinois is growing in population for the first time in like 10 years.
We actually had positive GDP growth.
We're entering an age of abundance, and I don't know why people keep these.
No, no, I don't agree that we're going to have a positive upswell.
There's going to be abundance.
The question is abundance for who?
Not just the positive.
We're entering the greatest period in the history of mankind, humankind.
Abundance for who, Joe?
Everyone.
That's the question.
We're entering into the greatest period in the history of humanity and people get on these spaces and
talk about you know these these these antiquated notions of society breaking down into cannibalism
it's just like what are you talking about wait joe you just got in here no one's saying i i lasted a
good three minutes i i hear the same thing I've heard every time I drink.
That's what your wife told me as well.
But listen, we're not talking about that.
Okay?
No one's being...
We're just trying to align to what the real goals are for the world.
I think it's an incredibly exciting time looking forward incredibly exciting we agree just yeah
it was just the minutiae we were talking about of small things well i i'm sorry i thought you
were saying the end of capitalism was coming maybe i'm assert no i mean so no i mean there
was an earlier part of the talk where i was in the bitcoin today one yesterday and i was just
well that's your first problem, the Bitcoin Today space.
It's painful.
I said the same thing, Joe.
By the way, he confused.
He said, Bitcoin Tonight.
I said, whoa, whoa, whoa, whoa.
That's Bitcoin Today talk.
Hold on.
Here's the thing.
The people in Bitcoin.
Darkside is obsessed with you, brother.
That's fine.
He can be.
I mean, that's what weird people do.
They obsess about other people that are successful.
But here's the problem.
The people on Bitcoin tonight probably have jobs and are productive members of society.
That's why they're on Bitcoin tonight.
The people on Bitcoin today have nothing to do but sit and complain about things.
It's like there used to be this barbershop when I was younger.
And all these old guys would sit in there complain
about everything under the sun like what's that internet doohickey it's all it's all going to be
going to hell and all these young people with their hip and then they're hopping and they're
bipping and they're bopping like they don't know anything about reality you know these people need
to get a job quit being a bum like that that's basically what bitcoin today has become
yeah i mean it devolved yesterday into kind of dark side almost choked up everything needs to
change i i don't really care about sort of making money anymore i think he was about to cry on stage
yeah that was the one uh this is just too much to handle blah Blah, blah, blah, blah. It's going to be so painful.
This is rot all the way up.
It's going to all blow up.
It's going to, I mean, it's tough to listen to.
It's just gibberish.
Yeah, he tried to say you and Mike Alfred were Satanist apologists somehow.
Satanist?
He said he went into the room.
Satanist?
Oh, yeah.
Satanist apologists.
You got name dropped, Joe, Joe, as I think.
Almost every, pretty much every.
Yeah, that was exactly it.
So it's basically like a Tuesday, right?
Well, the summation, the summation.
That's not today.
Yeah, the summation was, it was last night,
the summation was that how can guys like Joe and Mike
talk about making money when everything is just so horrible,
so horrible, but dark side is going to change the world, and it's not about sort of being sovereign and making money when everything is just so horrible so horrible but dark side is going to
change the world and it's not about sort of being sovereign and making money and then you can affect
change he doesn't care about money he's just going to change is he still talking about the
comex going down and silver causing european base yeah i know he's talking yeah he left that alone
but he said how anyone can think about money in a time like this is just unconscionable.
And that's where you're saying.
Isn't this financial Twitter?
Where am I?
I don't understand.
Do we join a church?
And also the train of thought that, I mean, there's certain logic, well, solid logic that says if you're successful, if you make money, surely you're more effective to make change.
He's just kind of like throw it all down. Doesn't matter. Burn the boats.
This is the same person. Let's go through some great dark side. I got a list here.
To be fair, Panker pushed back at him.
This is the same person who said the Trump meme coin was, quote,
a shot across the bow to dismantle the global banking cartel. That's a quote.
I mean, it was a great point. mantle the global banking cartel. That's a quote.
I mean, it wasn't a great point.
Here's another one. The generals,
this is back in September last year.
You have a file, Joe?
I don't remember the numbers.
The dark side files.
The generals massing is something.
We call them the dark side files.
The generals mass, this is back in September,
just for context. The generals massing
in, massing is the word he used, in D.C., which wasn't actually D.C.,
but the General's Massing in D.C. is something I've never seen in my lifetime.
It can only mean one thing.
We are on the break of civil rest and civil war.
That's a quote.
It's all recorded.
I'm not making it up.
There's clips.
So Ronan?
Here's my favorite.
Here's my favorite. ibit is the worst
thing to happen to bitcoin that's a quote oh yeah i remember that one i remember the ones that uh
get me emotionally charged keep going joe i gotta come in january 21st he's a this is after the
election coming january 21st there will be dozens of Democratic congressmen
that are indicted on day one.
That's another quote.
Day one. It's day 101.
No, it's day like 360.
For the Bitcoin today, was the consensus
that money just doesn't matter anymore?
No, it was mostly him.
He was almost on purpose.
There's only one little gang.
It's basically Darkseid, Puncher,
you know, and then on a lower level,
Thomas Young.
Like that's who the gang is.
And they're all doom and gloom boomers.
And I put a literal video out
about the fact that they're all going to move to Epstein.
And no one gives me any fucking credit for being right on how retarded all these dancing grandpas are.
That's not how this works, British.
You don't get credit when you're right.
You only get ridiculed when you're wrong.
If and when you're wrong.
Jamie, I put a video out about it saying they're all going to fucking go on about Epstein now.
But they're just waiting for you to possibly read wrong so they can ridicule you. Otherwise, they're all going to fucking go on about Epstein. But they're just waiting for you to possibly read wrong
so they can ridicule you.
Otherwise, they're not going to...
I'm never going to be wrong, Jamie.
Yeah, so they'll stay silent.
I'm always right.
They're never going to give you credit.
I'm only wrong about price action.
That's the one thing I'm wrong about.
Everything else I've been right about.
It's fucking retarded.
Listen, everybody needs to understand that
AOC is on the way. Right, Fred?
AOC is the next one that
is going to lead our
great...
No, it's Gavin Newsom, because
Gavin Newsom is Lux Maxxing.
It's Gavin Newsom,
Lux Maxxer, and AOC
Latina Maxxing.
And that's who's going to win.
That's the future for America.
I mean, I think...
Thank God for President Fink.
That's all I have to say.
Listen, Bruce, I brought up your thesis on the Fink,
you know, the discussion we had.
And I got a lot of pushback, honestly.
They felt that Fink was in cahoots with both sides and there was no advantage.
That's the beautiful thing about it.
I don't have to rely on you peasants to pick someone.
By the way, you brought up AOC.
I saw this tonight.
It popped up in my feed.
The New Republic.
The article they're running.
It says, you know what maybe the time is right for an aoc presidential bid her combination of youth economic populism and social progressivism is the
perfect contrast to trump poll of democratic voters released last week indicates they may
be hungry for press progressive candidate in a way they weren't six years ago. Completely agreed.
Completely agreed.
Ronan, did you say Bitcoin today,
they also called Mike Alfred a Satanist?
I don't know.
I'm not sure he said that,
but they said basically anyone who's trying to make money in this scenario.
Exactly, yeah.
We were on with Mike the other day,
and he said, listen,
if you want to have a moral space we
can but i thought this was an investment i thought this was an investment about market space like
economies like like it's honestly a pussy move to talk about another man that's not even on stage
and that's he tends to do that a lot that's a pussy move yeah i mean like like like listen he's
he's a professional a serious investor and he's like yeah there's things going on we can talk
about morals but i'm i'm here to and i'm unemotional. I want to talk about markets. I want to talk about
investments. I respect that. Like he, he, he just calls it what it is. Like, this is what I'm here
for. This is why you're, you have me on stage, not to talk about the morality of what's going on,
but how we can benefit from it. And, and you can do with what your money, the profits you get,
and then chain
according to your morality like i kind of respect that he calls it how it is
well well joe if you're a satanist topologist salem is right by boston so there's a train
right by there if that's a new thing apparently my god people are so jamie i'm gonna give you
a glimpse i'm gonna give you a glimpse, Jamie, into how patient
I am as a person, okay?
Like in real life, compared to everything I say.
I'm going to DM you a fact
that I have known for a very long time.
And if I
ever get pushed to the limit,
right, you don't understand how
fast this thing could,
everything could just unravel.
Okay?
And then I want you not to repeat it. I'm going to trust
you not to repeat this.
But I want you
to just realize how fast
I could make someone
step to the edge of a cliff
with facts
like this.
It is in the vault. It is in the vault.
It is in the vault and only British and I have the code.
It will never be released.
Do you understand how far this could go?
When you think about the type of lives
these people are living and then you wonder why
every time someone is super negative about the future
you have to look at it and go, why is this person so negative like what's going on in their life
like what's really happening in their life for them to be personal it's always personal shit
it always is that's how they see you see the outside world how you're living your inside
world it's just as simple as that. Yeah, that's illuminating.
We will put that in the vault
and we will not speak about it again.
To that point, though, do they ever
talk about anything positive?
Like, one day where
something is positive? I don't know.
Oh, they're positive about
BIP 110.
Only Terrence talks about positive things.
I don't know.
I mean, I think you can look at...
It's just so interesting.
You can look at the same set of facts
and you can come up with different reasons
to be bullish or bearish.
It's about a framework, a mindset.
I don't know.
That's what I take from it.
And I know, Joe, I believe from what I know about you, you don't see obstacles.
You see solutions.
Like, that's something I think.
Who goes about their life saying, I'm going to see a bunch of obstacles?
Like, oh, no, I can't go to the grocery store today because I might have to put on a pair of pants.
Like, what the hell?
I mean, that's so stupid.
Let me ask you this, Joe.
Is this what happens when people just get an absurd amount of money and they have that much time to think about things, like, theoretically?
And, like, you know, like, they don't have to, like, figure out things and fight through things and remember how they,
they accomplished things that no one thought they could.
And they persevered.
Like they just got to a place where they've got so much money that they
sit around and think and pontificate about, well,
this could be a difficult time.
Like,
and forget how resourceful they were when they didn't have it and how much
they overcame to become the successes they are.
Am I looking at it wrong?
I think it's many things.
I think what Daniel Kahneman will tell us is that you have three primary drivers of this, which is negativity bias.
From an evolutionary standpoint, it's like baked in to our consciousness.
point it's like baked in to our consciousness your brain is wired uh for negative stimuli more
heavily towards positive stimuli because our you know our ancestors who just ignored the rustling
in the bushes they got eaten right so like we're wired to give in to the paranoia and the the
negativity and and a separate but related concept is like loss aversion right like how losing money
feels you know twice as painful as as gaining money and then finally
i think the other thing is like these cortisol loops that people talk about they literally
reshape the brain if you have too much time to dwell on all that could go wrong so like
part of what you know working people people that actually to your point like that have to go out
and just execute uh they don't have the same amount of time just ponder and have these loops of negativity consume their brain. And there's research that,
you know, Stanford just put out people like this. If you constantly read negative news,
constantly read everything that can go wrong and every bad thing in the world,
your mind is actually rewiring to forecast that and expect that. And then it's self-reinforcing.
So that loop is extreme.
Joe, are you talking about dark side again?
I just want to know.
No, I'm just talking in general.
I don't think it's isolated to any one person.
I think it's isolated to a lot of people on this app who, again,
give into the negative activity bias, give into the loss aversion,
give into the cortisol loops that rewire their brains towards negativity. And you, Fred, just to give an example,
every time I look at anything Fred is posting or doing
or he's doing these things on Facebook,
he's putting out these long-form videos,
he's experimenting, he's creating,
he's trying to build something new,
he's interested in things, he'll experiment.
He's just an innovator.
He's a developer, right?
He'll go from everything from Solana to writing a book
to working with Claude Baud and AI.
He's all over the place.
That, I think, opens your mind to possibility as opposed to pessimism.
And that is critical.
We need more young people open to possibilities of everything that can go right as opposed to dwelling on how every single thing can break down and society's screwed.
And, oh, I can't afford my Chipotle.
Well, don't go eat a Chipotle.
I'm sorry.
Figure out something.
Like, there's another guy who I won't name by name,
but you'll know it instantly from the description.
He posts every single challenging aspect
that millennial or young people have today,
from buying a house to, you know,
issues with substance abuse to issues with demographics.
I mean, like, literally, man,
go and try to do something. Okay, don't just complain about these, because guess what?
Even if everything you're saying is true, it does not help you. Sitting and dwelling in these things
does not help you. Executing, coming up with actionable ways to improve your life, that helps
you. Yeah, I mean, on the Stanford thing joe i mean it's it's in cognitive science yeah
like your your personality is your personal reality like it this this what this stuff works
if you're just constantly submerged in negativity i believe the stanford stuff that you you end up
with a rewiring 100 positive and you see the upsides it's just also just separately which
way would you prefer to live positively you can look up this concept
it's called identity fusion within people have identity fusion with suffering their entire sense
of of of the reality becomes organized around their grievances like they are literally the old
man shaking his fist at the cloud because they can't let go of the negativity because that means
they're losing their identity and they won't know who they are without that anger and pessimism.
Yeah, I mean, it's like Corolla Ripa.
Joe Dispenza talks a lot about this kind of stuff.
You wake up and you're accustomed to that negative person.
And if you try to cut him, you miss him.
I don't even know what a life would be like with it being easy.
And I don't see how it helps you.
My life has been very difficult. And guess what? I would gather everyone in here has been difficult
in their own personal way. Everyone's difficult is personal. It's not even unique. No one's
difficulty is a higher difficulty than another one. It's just unique.
is a higher difficulty than another one. It's just unique. The fact that I can overcome
problems and challenges and things that are not easy in life is where I get my strength from,
is where I get my self-esteem and my confidence. That's everything. Everything that I've tried to
teach my daughters is that I love them, I'm here
for them, I'm not going to fix things for you because I want you to learn that you can
fix things for yourself and I'm here for you for the fact that when I'm gone, you remember
you're strong enough and capable enough and intelligent enough that you can do it by yourself
because I'm reminded about the potential that's inside of you.
And that self-esteem is like everything.
Like if I didn't have that,
if I didn't get that instilled in me,
I would never have accomplished anything.
I would always give it up.
I would never thought I could do more
than I thought I could.
Like, I just think that's so integral.
Like this whole conversation,
like that's why I love Joe.
Like his mindset is fuck you, you can.
And if ever you think you doubt fuck you think again and i fucking love that like like like i and i try to be around more people
like that because you know like for the most part if you're a high performer you're you're probably
more isolated and you have to motivate yourself. So if you have the opportunity to actually
be around other people who can remind you that like the mindset of high performers,
I encourage you to get around them as many as you can, because that way you don't have to remind
yourself. Like, like you look around, you see somebody at the gym, like, let's go to gym,
man. Come on. And you're like, you don't feel like going to gym. All right, fuck it. Let's go
to the gym, man. Like, you know what't feel like going to the gym? All right, fuck it. Let's go to the gym, man.
You know what, Jamie? Negativity loves company, though.
If you're going to be negative,
you want to be surrounded by other negative people.
Right.
But if you have it in you,
Fred, to be something more,
and you get around other people who are just
fucking like, let's work. Let's do something else.
Let's not go to bed early.
Let's fucking try this.
Like, that's just as fucking like, like that, that, that to me, like, is just as on the other side of the negativity that, that people gravity to.
It's just as infectious to be around other people who don't want to stop.
Like, like Joe mentioned about people who are younger who want to innovate you're not younger
and you're still as like passionate about innovating like that i'm 50. there's plenty
of younger people too want to innovate right i mean no but but like like negativity is not
confined to young or old people yeah yeah no like that no that's my point like like i'm 50 right
so like the idea that in my future self, I'm going to still be as excited as you are to innovate and to make an impact makes me excited about my future as opposed to, well, I'm getting older. You're excited every day to discover something, to impact something,
to bring something to people who might benefit them. That makes me think about my next 20 years
or 30 years that I'm going to actually have something to look forward to, to get up out of
bed regardless of money, because that's what it's about. Fuck money money it's got to be about what you're passing about you know these epstein emails i think one of the things that it sort of paints a picture of
is not everybody but there's a certain class of very rich people who just seem like they're
completely and absolutely bored or lost or they have no purpose life. You know what I mean?
You get the sense of
some of these people are like,
what the fuck are they living for?
It's just amazing.
Without the power or whatever
they gain from being a part of that
club, they would lose something
that they're not happy without.
Yeah, it's
disgusting. That's where that self- not happy without. Yeah, it's disgusting.
That's where that self-esteem comes from.
Well, Jensen actually talked about this a little bit when he was first starting his company.
I mean, he did say, or preface,
he feels bad for the younger generation
because ignorance is bliss to an extent.
But I mean, the message is the same as like,
even if he knew the challenges he faced,
like if he would have just been crippled by the pessimism, like, he probably would never build his company.
So, like, there's something to be said of, like, kind of fucked pessimism.
You're saying with NVIDIA's CEO, Jensen?
Yeah, yeah.
He's like, well, if I would have known all perfect information, like, probably would have made me pessimistic and I probably would have persevered.
all perfect information, like probably wouldn't have made me pessimistic and I probably would
have persevered. However, at the same point, like if you take down its head, right, like
let's say he was that bull with the horse blinders on and kind of ignore the pessimism,
like he wouldn't be where he is today.
No, well, listen, by the way, I don't know, you guys can tell your story, but if I had known my challenges from starting any of my self-employed businesses, how difficult it was to reach that goal.
But some of these businesses that I started from scratch,
like these small businesses, like mom and pop,
two million dollar businesses,
they consumed me and they dominated my time.
They impacted my relationships.
You know, the short term strains that they had in my relationships, you know, the short-term strains that they had in my life, I, you know,
going into it, if I had the choice, if I had known what it really would take, I probably would have
said, no, I'm not, that's too much. But, you know, looking back on it, I wouldn't change anything
at all. So I think it's good that, you know, people that are thinking that they can be something more than themselves and they're not sure of the actual struggle it takes for you to reach that potential is an unknown.
It's probably a good thing because a lot of people wouldn't sign up for that if they'd known how much it would be.
I don't know how you guys feel, but that's my story.
I think, Jeremy, fundamentally, if you ask someone what they sort of want,
what do they consider to be a complete life,
I would say that the majority would say they want to experience every emotion possible,
the highs and the lows. So it's to experience every emotion possible, the highs and
the lows. So it's necessary actually to have the negatives. It's necessary. Let's save your life
where you just win, win, win. All you do is win. You literally never have a downside. Then you get
to the end and I would argue that's not a complete life. Part of the completeness of life is
experiencing the whole gamut of emotions, coming back from losses, taking losses. It is the up and down.
So the downs are as valuable as the wins, if not more so.
And they're definitely part of making a complete existence.
So yeah, they happen.
And to your sort of side point, I mean, I certainly don't wake up every day ready to
bite the ass off a bear, right?
There are bad days.
But the arc is positive.
Net-net, it's positive.
Things will get better.
I believe in that for myself and for the world.
And that is a much more ambiable way to live than being consumed by negativity.
Make no mistake, it's good to analyze and pontificate and this is bad, oh my God.
But that's all it should be.
You listen to it, you let it go, and you move on and look at the positives.
So having that slant, I think,
is hugely important.
Have you
heard, Ronan or Jamie, about
the Alan Watts dream quote?
Are you aware of this? I've watched a lot of
Alan Watts, but please
educate me.
Jamie, have you heard this quote? I have not, but
I'm looking forward to hearing it.
Okay, I'm going to share.
Just a quick one, Alan, though.
The problem is you start listening to his stuff,
you can easily lose days.
It's fantastic.
No, this isn't that long, okay?
So just bear with me for a minute here, okay?
So this is Alan Watts.
He wrote this years ago, decade ago.
He says, let's suppose that you were able to live every night
to dream any dream that you wanted to dream.
And that you could, for example, have the power to live one night
to dream 75 years of time, or any length of time you wanted to have.
And you would, naturally, as you begin on this adventure of dreams,
you would fulfill all your wishes.
You would have every kind of pleasure you
could conceive of. And after 75 nights of total pleasure, you would say, well, that was pretty
great, but let's have a surprise. Let's have a dream which isn't under your control, where
something's going to happen to me that I don't know what it's going to be. And that you would
dig out of that and come out and say, wow,
that was a close shave, wasn't it?
And then you'd get more and more adventurous.
You would make further and further gambles
about what you would dream, what you would face,
what adversity you would conquer.
And finally, you would dream where you are right now.
You would dream the dream of living the life
that you are actually living today.
I love that.
I love that.
Joe, you need to give up law and start reading audio books.
Have you, you guys, you guys saw, um, what was that?
What was that movie with, uh, DiCaprio?
Um, uh, catch me, never catch me or.
Catch me if you can. Catch Me If You Can.
Catch Me If You Can, right.
Do you know that scene where DiCaprio goes into school and he's bullied by
the students in the hallway and then he walks into his French class
and he assumes the role of the substitute teacher. And then his parents get
called into the principal's office, and they say, your son has been teaching the French class.
He's even scheduled a parent-teacher conference. And the wife's pissed off. The dad's
sitting there. And you see we have a problem here, right? They leave the meeting. His mom's pissed
off, looks at him like, oh, you wait to get home. The dad looks at him, I got to be mad because mom's
mad. But then when mom starts walking ahead, looks at him and starts laughing.
Like, you son of a bitch.
Like, I can't believe you pulled that off.
Like, that's what I had.
My grandpa who raised me was that guy.
He was like, you son of a bitch.
Like, what are you into now?
Like, he was always interested in what I would think that was different than what he grew up in, which was like a regular, you know, go to work. He was in the Navy. He just did all the right things. based on the safety they provided me that I could kind of like experiment in self-employed
opportunities. And he'd be like, you son of a bitch, like you tried that? Wow. How did that
work out? Tell me about it. He was so fascinated. And he believed in me. I just think that like
that, what you just described, Joe, and what you shared, like is the belief and the opportunity of what people can be. And yeah, I think everyone,
if they can just take a portion of their time to invest into themselves, into what they could
create and what they could be in the future, aside from what they are now and what they have to do to
pay the bills, like that's what we can be.
That's incredible.
I've just posted in the comments the Verdiard Kipling poem, If.
It's actually quite apt, actually, given the price action we see in Bitcoin.
It's worth reading, and I'm sure many have read it.
It's worth reading once or twice.
It's really fabulous.
This was actually always used to be carted out on the...
So I worked in finance for 20 years.
When we'd lose a slab of cash or particularly volatile week,
the head of the floor used to kind of speech this,
say out the poem, Rudyard Kipling, if I'll put it in the comments.
It's really fantastic. It's kind of bone shaking.
Hey, India, you got your hand up.
I hope you're going to be at least somewhat bullish in the beginning,
even if you want to, you know, balance it off with some bearish balance.
How are you, sir?
I'm all fine.
I'm always bullish on Bitcoin.
It's just that I'm not a delusional bull and a realistic bull. And I kind of accepted the fact that, you know, the macro, it's behaving more like a macro asset.
And, you know, he made a prediction Bitcoin is going to be at $135,000 in December.
I think he'd also would have eaten his words back because, you know, it was not $135,000.
And in spite of the fact that the stock market is still at an all-time high, Bitcoin has kind of dropped 50% or more.
So I personally feel that given the evidence of the data,
Bitcoin is actually following its own cycle, which is the four-year cycle.
Now, coming back to the point that I think there's a great amount of capital rotation that's happening.
If you would look at 2022, even in that year,
in spite of the fact that the stock market went down by 20%,
but the energy sector actually went up by 45 to 50%.
So it's like a cumulative difference of about 77%.
And I kind of see the same thing happening after the metals have rallied.
Just like in 2007 when gold and silver rallied, oil started to rally
and oil actually broke the economy's back.
It broke the camel's back.
By July 2008, oil was $140 a barrel, which was kind of really high.
And by 2008, September, we had the Lehman Brothers.
But even before that, the markets had topped in December 2007.
And Bear Stearns also kind of vanished in February 2008.
But the markets kept going on and on and on until 2008 when everything crashed.
So I think I'm seeing a similar situation, macro speaking,
that AI being deflationary, something's going to come out,
which is actually going to be a very big deflationary impulse.
And I've been maintaining this for like 6 to 12 months on all Twitter spaces
that I've been to, that there's to 12 months on all Twitter spaces that I've
been to that there's going to be some deflationary impulse, which is going to push everything
down, stocks going 10 to 20% down or maybe 25% down and not recovering very quickly from
there will actually be pretty detrimental to the revenues and the receipts of the US government.
They will really have to come in swiftly and act and do some money printing,
nuclear printing as women say.
India, wouldn't they do that though?
First of all, you just said a bunch of things that aren't true.
Okay, let me finish.
Let me finish and then you can...
Okay, keep going on.
Keep going on.
And then you can repeat it.
No problems, Joe.
So I'm here for healthy criticism, any which ways so my my concept is that you know at the end of the day you will see that
unlike in the last i mean in the last 14 recessions the u.s has had 13 of them the u.s dollar
strengthened and the u.s treasury is also strengthened the yields actually started to go down but in the last scare that you
had in april 2025 what you saw was that the u.s treasury started to dip a little bit but then the
yield started to rip off and it almost touched five percent that's when trump tackled out
because they cannot afford oil above 85 dollars a barrel. They cannot afford treasury yields,
10 year treasury yields to be more than 5%.
Because it actually incapacitates the Fed's ability
also to cut rates or to inject liquidity.
And that's the only way out.
That's the only way out for the economy to sustain,
to maintain the K-shaped narrative, to maintain the fact.
And you look at the labor data also.
I mean, I've been saying this since last one year that the labor doesn't seem to be right.
The data doesn't seem to be right.
And now every one year, okay, first it was a Biden administration's fall.
The data was revised by 1 million jobs lower.
But now one year later, the data is always again revised by 1 million fewer jobs.
Now some people will say that's because of AI and productivity and we don't need so many jobs.
But the fact of the matter is that the US economy is a consumption based economy.
So, I mean, there's a lot of things that are going on.
There's a lot of moving parts.
In my opinion, the damage is already done.
The Titanic has actually hit the iceberg.
You're just about to see in some time, maybe in February, maybe in April, maybe in May, the stock market going down by 20%. Unfortunately, my beloved Bitcoin will also go down a little bit
more, but that will be a great buying opportunity. You have to look at it positively. If you have
some dry powder on the sides, you will really love the fact that you could actually sell BTC
at 100k or 90k or 80k and you're able to buy it back at 50k or low mid 50s or whatever
but what i also fear for america in the long run is that there's going to be a full-blown treasury
market dysfunction gold has been showing that silver's been showing that i think gold is going
to go to 10k btc will go to 500k in 2027 because that's what the treasury market dysfunction really looks like here's the problem is this the india why you're up to like six you're up to like 60 things that are just not
true like what maybe you could stop for 30 seconds and we can go okay fair enough i stop for whatever
time you suggest me to stop and then we can take it from there well you're talking about gold is
i'll just i'll go one by one like i have to like
take notes because there's so many gold is showing the treasury market is not functioning that that
doesn't there's no evidence of that no i did not say that i'm saying gold is showing what is coming
that what is coming is basically inflation in the us and big big big bouts that's what i think okay
so so just just just to be clear because i want to clarify exactly
the point that you make you know i just don't want to yeah but but hang on hang on a second
you're all over the place because you just said gold is showing inflation is coming while also
claiming earlier in your own monologue that deflation was coming at some point this year
you said that so what what are you talking about that's exactly my point because there's going to
be a deflationary impulse leading to money printing exogenous amount which further leads to inflation
that's the cycle that we've been living in so long hold is showing hang on a second so gold is
showing what's going to happen after a deflationary bust what is that that doesn't even make any sense
first of all you you talk about the metals rallying okay and i just wanted to double check it because i want to live in reality with the facts silver got absolutely
smoked in 2008 you said it rallied it still went down 30 percent in 2008 so i don't know what you
know in 2008 check out the silver and gold cards in 2007 end of 2007 gold and silver no no gold
gold got you said 2008 okay and i'm saying. I said at the end of 2007.
From March of, sorry, I was wrong. It went down 60% from March of 2008 to October. 60% decline. Not 30. I was wrong. I apologize.
You said the medals rallied in 2008. That's just not true.
I said seven. said the metals rallied in 2008 that's not true okay like that's seven but okay so we're just
changing the years that that's fine so so the metals are showing just to be clear the metals
are showing that there's going to be a global banking crisis is that what you're you're claiming
is that the theory because there's no like you can go to xlf look at what the financials were
doing in 2007 and 2008 okay the financials by, before 2008 began, just to put this in context,
in May of 2007, XLF, which is the financial ETF, from May of 2007 until 2008, okay, until let's say
July, they went down 40%, really before it actually the broader market declined. What are financials
doing currently? Financials are rallying to all-time highs they're one of the fastest most strongest growing sectors in the
market right now so but do you again misalluding to the point joe you're misalluding to the point
i never said it's gonna i never said it's gonna bring in a banking crisis i said it's gonna bring
economic crisis no no okay i'll give you another another another comment you made okay another
comment you made labor is? Another comment you made.
Labor is weakening various degrees and the labor data is getting revised.
First of all, the revisions in the labor data all relate to new jobs created, okay?
They're not related to new layoffs or new claims.
That data hasn't moved at all.
Last year, we basically created no new jobs if you adjust
seasonally with the birth death mile no new jobs being created is not the same as the labor market
falling off the rails that's point number one point but there are people getting added into
the labor force every year these people are not getting the job 4.2 hang on just to put this in
just to put this in context at four let, let's say roughly four, three, four, four percent unemployment, there were entire decades where we had much higher employment in the fives.
OK, so the little you have to squint to see any weakness in the labor market.
And you're at basically generational lows with three and four percent unemployment.
So, you know, yes,
is it harder for certain people to get a job? Absolutely. Are there a lot of dynamics in place?
But to draw any parallels between the current market and the economy, I think that's totally
wrong. The financial crisis, I think that's totally wrong. Every single indicator is basically
telling you this is a screaming white hot economy and an aggregate sense in the case.
And one final thing before I shut up, because I'll let you respond because I think it's only fair.
You made a point that, oh, you criticized me right out of the box.
You said, you said, Joe, Bitcoin's trading like a macro asset.
And I said, yes, it is. And I will point.
And then you used it as it not being a macro asset to cite that the S&P is barely down.
is it not being a macro asset to cite that the S&P is barely down. That is true. But the churn
underneath the S&P, the top stocks, is massive. You have Microsoft, one of the biggest bellwethers,
is down 30%. Bitcoin's down like 40%. So you basically have had Bitcoin take a little bit,
tiny, tiny bit bigger hit than Microsoft.
And there are other mega caps that have gotten absolutely killed and other SaaS companies that have gotten absolutely smoked.
So yes, it is trading like a macro asset.
And when you have tech stocks broadly declining across the board
since basically October, that is not a Bitcoin-specific issue.
That is a macro issue with certain sectors rotating into vibrant, you know, rebalancing for broadening small caps,
broadening industrialization, broadening bank stocks. That's a completely different picture
than prior, you know, quote unquote cycles. Okay, I have a question before I can respond.
You're telling me that this is basically that all the SaaS companies have declined,
and I agree with that. You said that the large large cap max sevens have also declined by 30 20 some cases that i also agree what are the reasons according to you that they've
declined and what is the reason according to you why bitcoin is declined i think many investors
have exposure across those asset classes the same profile of investors like myself i own palantir i
own meta i own microsoft and when you have a pro when you have a portfolio that needs to degross It's the same profile of investors like myself. I own Palantir. I own Meta. I own Microsoft.
And when you have a portfolio that needs to degross, you sell it all because you have
to meet margin calls.
And fund managers have been doing this since October.
And they basically have been doing that coincident with this broader thrashing underneath the
surface towards rebalancing, the rotational trade.
So that makes perfect sense, right?
And it has nothing to do with Bitcoin.
It has nothing to do with some hocus-pocus four-year cycle.
And by the way, if those companies rebound,
coincident with all of the data we're seeing,
that the economy is ready to rip,
you're seeing forward indicators that we could be, you know,
moving towards 3.5% real growth for the year.
Anna Wong was just talking about, you know,
one of the chief economists that probably worked at the Fed. She still gave this growth model that
says that we could be near four percent real growth in 2026. That dynamics is totally different
than prior quote unquote cycles. So if the if the SaaS companies and mega cap tech finally find a
bottom here, Bitcoin is going to rise right alongside them. And by the way, if you look at when the SaaS companies and when MegaCapTech bottomed back in November,
guess what it was? Almost to the day when Bitcoin bottomed alongside it in November.
So to me, I don't see any reason why Bitcoin can't make a new all-time high today, which
this year, excuse me, make a new all-time high this year, which I think it will.
And then once it does, right, you're going to be talking about, oh, well, it was still a four-year cycle because
it sold off in Q1. You're looking for parallels and you're looking for comparisons that just don't
hold up. And by the way, I will reference you because you quoted my statements. You said we
were going to have a parabolic top in Q4, which you said, if we didn't get a parabolic top show, I will admit the four-year cycle is over.
That was six months ago.
We never got any parabolic top to my memory.
So I accepted my renditions to be false, and I just was hoping that you would accept yours.
But anyways, let me just count to you for the sake of thought.
I've been wrong.
I've been wrong since October.
Yeah, I accept that.
But I think that it's very different from wrong since October. Yeah. Yeah. Okay.
But I think that it's very different from the four-year cycle.
Great. Let's move ahead now. Let's move ahead.
I think you made your point pretty well.
You made your point pretty well. Let's move ahead. I want to know why you think the economy broadly is going to weaken in 2026.
I would love to hear it because I can't see any evidence of that.
If anything, I see re-acceleration data. The only thing I can point out too is the chart patterns on the S&P,
on the NASDAQ, which are absolutely in a topping formation, in my opinion.
Stock market is not the economy. The stock market are not the economy, but the American's wealth
effect is all denominated in stock market. So let's not, I mean, if the stock market goes down,
layoffs actually accelerate.
You know that very well.
And if layoffs accelerate, the economy also deteriorates.
2022, hang on a second.
Let's just test what you just said.
If the stock market goes down, layoffs accelerate.
How many layoffs accelerate in 2022?
In 2022, you had the unemployment rate stay at 4%.
Joe, we've been in a white hat joe
we've been in an 18 year old secular bull market no these cycles last for about 18 years at the
end of the 18th year you see some some amount of disintegration that happens in the economy
that's all my point for a 20 correction on the s&p did you not say that earlier yeah i'm still
saying that i'm still saying that 20 correction in the S&P is pretty much likely.
Okay, well, 20%, that's every year.
And we had a 20% last year in April.
Were you following markets then?
S&P declined 20%.
India, can you at least respond to the Q4 parabolic comment?
So I was of the opinion that, you know,
BTC is going to have a Q4 parabolic advance,
just like it does every cycle.
But because of the fact that the Federal Reserve was actually under quantitative tightening and the monetary
conditions were not loose perhaps that is the reason that it did not do because what I have
seen personally is that BTC is not really responding to M2 money supply growth or whatever
the charts that were floating around on Twitter.tc response btc responds very well to central bank balance sheet expansion india i'm not going
to cut you off monetary debasement india i'm not going to cut you off i want you to continue talking
i just want to so you you agree that you said that you believe there was going to be a parabolic
top in q4 and it did not happen correct exactly i agree and you have reasons why you believe it is
but you at least
admit to the fact that that uh directionally you are wrong in that prediction correct exactly all
right that's fair then continue please so i mean i've just said that you know i want to depend
more and more on the data but the data tells me that if the s&p is still at an all-time high and
btc is dropped by 50 it just goes to show that BTC
is basically leading the liquidity and it's a telling tale of what's coming for the stock
market as well. So this is my humble opinion that the stock market will also drop by 20% over the
next couple of months and that's when BTC also falls down a little bit more. So basically BTC
would have fallen down by 60% whereas the stock market would have gone down by 20 25 and btc was showing that in october when it started to drop whereas
the stock market starts its journey in february or march that's exactly what i'm just saying india
like listen i saw liquidity pools from 115 to 125 on the way up and i i i i posted that that as early as August, okay? So, like, I don't disagree that there was signs, okay?
However, the fact that there's been a 50% drawdown now,
there are also prior cycle, you know, data that shows from May,
there was a 50% decline, and then at 65 to 30,
and then it went to 69 in november of 2021 do you see that as a possibility that it could re-accelerate or no
in this year i do not see that possibility because this is going to be a bearish year for all
all assets in my opinion until and unless the money printing starts on an
exogenous scale. That's
all I can say.
My only question is, what is this cycle?
I want
to understand something.
Your theory is, just as you
just said, that unless
there's money printing, Bitcoin
cannot rally to a all-time high.
Is that your theory? Exactly. There's going to be a lot of money printing bitcoin cannot rally to a new time all-time high is that your theory
exactly there's going to be a lot of money so my question so my question to you
fred your mic is really really low in cycles hey fred your mic is super super low is there
any way you can maybe get a little closer okay can you hear me? Still low, but kind of low.
No, you're still kind of low.
Go ahead.
No, it's okay.
Give it a try.
Let's hear it.
Everyone be quiet.
We'll listen very good.
Go ahead, Fred.
I'm just saying,
India's entire theory
is based on the fact
that he thinks everything happens
regularly in cycles of four years,
which it doesn't.
And, you know, he's just of this belief that we are going to repeat things like,
you know, the gopher looking for a shadow.
I mean, it's sort of demented and insane, personally.
Well, the one thing I would say is he just said,
and you all heard him,
that he says unless there's money printing,
he doesn't think Bitcoin can make a new all-time high,
which I find ironic
because the Fed has been drawing down its balance sheet
for the better part of three and a half years,
and we absolutely ripped to a new all-time high
during that same period.
We went to $126,000 less than six months ago, but that was in a period where there was no money printing from the Fed, zero.
And if you mean money printing in the sense of fiscal spending, fiscal deficits are actually currently forecast to increase this year.
So I don't know what you're talking about.
Great points, Joe.
India, do you have a response to that?
Yeah, I do have a response to that.
You know, if you look at it, if you look, yeah, he's very right to the,
he's right to point the fact that the central bank balance sheets in 2021,
October were the same as what they were now in October of 2025.
Still, BTC rallied from, what what 69,000 back to 17 or 15 and then it rallied back
to its peak of 126k. That is because of the fact that BTC is also an option of its own adoption.
So there's going to be people who are going to get fascinated by what BTC is. They're going to
be new people who are going to be coming in what BTC is, they're going to be new people who are going to be coming in.
And that process actually drove BTC higher in that.
But what we missed was the parabolic run.
And that parabolic run generally happens
when the central bank balance sheets are really expanding.
And that's what I've been saying.
And I personally feel that to put an all-time high in this year,
unless and until everybody starts to consider BTC as a
risk-off asset and then they see that this fiscal prudence is not leading anywhere. It's going to
be leading to a debasement until eternity and then BTC somehow becomes a risk-off asset like
gold and central banks and all these big institutions, including sovereign vent funds, adopt BTC as the hedge against that.
Until that moment, I see that it's only going to respond to central bank balance sheet expansion.
Listen, India, I respect you a lot and I can attest to your ability as a trader, person
of finance, I've seen your trades.
You do know what you're talking about.
You've made successful trades, okay?
I think in this case, you know, like if we go back to that cycle,
in three months, Bitcoin went from 30 to 69
and took its all-time high.
So like, you know, in an environment that you're describing,
you feel like it has to be a certain way.
Bitcoin can act differently.
And it did that last cycle.
It doesn't take a long time.
No, but the Fed has not started to raise rates
until March of 2022.
And then they did the steepest rate hike in history.
So BTC actually started to dip around November because it could see what's happening or what's going to happen.
I think BTC is leading liquidity.
That's the point, India.
Hold on.
That's the point I think Joe's making is that, you know, you're saying that they didn't raise rates till March of 2022.
March of 2022.
And what I'm saying is in April, March, April, May, April, March, May.
Yeah, May of 2021.
It re-accelerated into November of 2021.
Without that.
I think the true top.
It's the awesome highs.
So what is your...
No, I think the true...
I think the true top of BTC in April was April 2021.
What happened between May and November was all driven by these Voyagers and these FTX and all those bazookas of, you know,
of actually using customer funds and pumping up, pumping up all coins.
By August, it re-accelerated to November to all-time highs without the factors of what you're talking about.
Well, that's exactly what I'm saying.
This is all speculation-driven.
The real true BTC top for me was in April of 2021,
not November of 2021, when it just put in a 1K higher top.
That's it.
And that 1K higher top and the recovery that you're talking about
was all driven by the fact that we were still in that retail frenzy.
So you're saying, so if I'm clear that when it went to 65,
that was the real top.
And regardless of the change because of COVID,
that it would have, that the real downtrend would have been from 65 to 16
and then to 126.
Exactly. Okay. It was actually a 5k higher time wasn't 1k went to 69 000 yep 65 to 69 correct but but and and by by the way by the way just
that period this notion that bitcoin that bitcoin leads it peaked the exact same month as the NASDAQ, as many of the high-flying
tech stocks. I could list a dozen names that peaked alongside it. And the S&P squeaked out
a slight new all-time high in early January of 2022, like January 3rd, if memory serves,
right after the new year. But there were many assets that peaked right alongside Bitcoin in November of 2020.
Correct. Correct. Joe is correct.
They all peaked at the same time, but Bitcoin started to fall
because Bitcoin is a foreteller of things to come.
The Nasdaq and the S&P, they're much bigger in size and they take much more time.
So basically events, you know, these tops are basically more like processes in the S&P,
whereas bottoms are more like events.
you know,
these S&P and the NASDAQ being much larger in size,
they had this process of topping.
And by March of 2022,
we all saw that they started really dropping badly.
But Bitcoin started to drop badly from November itself. Because'll just say something I agree with you on. I agree with you. If stocks fall significantly
from here, for the record, I think you're right. Bitcoin's going to fall. And I've said this,
they go hand in hand. So I don't disagree with you. Where I disagree with you is I think the
S&P and the NASDAQ are going to make a new all-time high this year.
And they're going to make it probably not that long from now.
I would guess a month or two at most.
And the reason I bring that up, and I'll hand it over to volatility, is because you have seen extreme positioning from the short side.
You've seen extreme positioning from retail panicking with SaaS stocks. And the average S&P stock, believe it or not,
that just show you the turn has declined more than 10% of its all-time highs. So you see a
huge number of indications that many sectors are actually bottoming here. And then what you want
to see is you want to see growth expand from some of the laggards of the last two years,
which is what you see in the rotations to trade. In fact, if you look at some of the laggards of the last two years, which is what you see in the rotations to trade.
In fact, if you look at some of the sectors that have rallied, they have only rallied historically 100 percent of the time during early market cycles, during early economic cycles.
This is why the space we had, Jamie, I know was in this space with Mike Cantrose, where he concluded, you know, know the data the economic data shows an early
cycle move rather than late cycle to me that's the most important thing to remember so i so i just
want to just ask you one question if i'm right can i just answer this question first can i just
answer this question first because you know what i think in october 2007 when the stock market
actually peaked and you see that gold and silver were rallying at that time
until the end of December.
Just like they were rallying until the end of January
and then they had this correction.
And the stock market did not really panic
or did not panic sold until September 2008,
which was like a nine-month lag.
But what you would also see is,
another beautiful correlation is
that oil started to
rise in January of 2020, 2008 from I think 40 or 45 dollars and it went to 140 dollars by July of
2008. That actually broke the camel's back, the global economy. Now, what do you think are the
chances of oil rallying from here? Because it's been a long downtrend the gold to oil ratio has been
like it's it's not been there for 25 years now it's it's not it's been as low as it cares about
the gold oil ratio i'm just saying if oil actually rallies it generally causes havoc in the global
economy and if it does then i think the same cycle of 2008 is repeating that by the second half of the year, or maybe even in the first half.
It's really good.
Hang on a second.
There's going to be a depression.
No, listen, I just want to just analyze some of the things you said.
First of all, oil is ridiculously cheap.
In inflation adjusted terms, oil is cheaper than it's been at any point for the last 35 years.
But putting that aside, okay, you made a comment. If oil rallies, it's going to cause havoc for the last 35 years but putting that aside okay you made a comment if oil rallies it's
going to cause havoc for the global economy well oil was over a hundred dollars barrel from let's
check the chart march of 2011 through april i'm sorry uh october 20 2014. so basically we had a
hundred dollar roughly barrel oil for three years did it cause havoc in the global economy
how did stocks do during that period they absolutely ripped some of the best times by
stocks i know because i had mega cap tech during that whole period and they were fantastic
go look at 2011 2014 the world is 20x more leverage than it was at that time
oh my god dude like these narratives you gotta. India, the thing I don't understand is
even if
you run into a COVID type event,
do you not
believe, and I'm just asking your opinion,
do you not believe there would be a recovery?
Because the government's going to do
what they need to do to make sure that
the global economy...
For sure, there's no other way out.
There's no other way out. There's no other way out.
They're just going to print the hell out of it.
Hold on, India.
This is my point.
This is my point.
Even in the worst case scenario of what could happen,
you believe there would be a V-shaped recovery to recoup your position.
Exactly.
I agree with that.
Okay, but hold on. This is my question then. So if you agree
with that, then why would you waste time on trying to get that 30% when you could focus on the 300%
on the upside? Because regardless if you buy and it goes down 30%, you have just admitted it's going
to recover back to even so focus on the upside
because the downside you can't predict just buy and no i never told i never told my i never told
i never sold my bitcoin hodl portfolio i just lightened up the purse on my bitcoin investment
portfolio and i was very happy to sell it at close to 90 and buy it back at 64, you know.
I get it.
But I'm saying for the whole audience, like there's a 30% downside potentially based on your narrative.
And there's a 300% upside.
Why would you spend time talking about the 30% downside as opposed to the 300% upside that you could benefit
from given the fact that you're saying
you even agree that
the 30% downside
you might miss will
V-shape recover to even.
Like trying to
grab that last 30%
is impressive
if you can, but it's not needed for growing
wealth. But it's not 30%. growing wealth but it's not 30 we've
already dropped 50 and we could drop another 20 25 from here that's 70 but can we agree on the on
the macro the viewpoint of what i'm talking about for most people and i understand you're very
successful in your shorts so i don't want to take that away from that but i'm saying i'm very
people i'm ideologically the truest form of bitcoiner that you will find because i will i'm saying i'm very people i'm ideologically the truest form of bitcoiner
that you will find because i will i'm i'm i'm always always always there we go my bitcoin
wait but but am i saying something that's like that's like completely like out of bounds to
like a reasonable viewpoint is it all right if i jump in here yeah of course okay so this is a function of a broader problem, right? I hear people, and I got caught in this trap for a while. And, you know, people have this desire to want to know why things are dropping. And then they, this is how you know somebody's full of shit. They start using hypotheticals. If this happens, right,
that's number one. Number two, they start going back to and trying to make correlations from the
past, right? And then three, they start sounding like they have it all figured out, okay? And I
was in this situation many years ago. And what it is, it's a function of being afraid.
You're afraid, right?
You're just afraid of just what can of the uncertainty that that is happening.
All we can go by is the macro picture.
And, you know, there's a very popular saying in trading, you trade what's in front of
you. If you allow your mind to start wandering and just start extrapolating, because we all
work from a basis of the recency bias. Right now, it's easy to be negative because Bitcoin's down
and some other stocks are coming down and the narratives have
turned negative compared to just six, seven months ago. I would urge people, if you want to be a
successful long-term trader, stop trying to figure fucking things out, okay? There are just certain
things that you just, by the time you figure it out, it's going to be too late, right?
Assets will 2x, 3x in front of your eyes.
And some of the best traders, some of the best investors that I know,
and I can go by, you know, just my own personal experiences,
it's when I'm trading what's in front of me.
Nothing works exactly the same as it did 10 years ago or 15 years ago or four years ago. There's different factors, right? Stop trying to look for the answers
from the past. And when you really know when somebody's full of shit is when you try to pin
them down. I think Joe was trying to do that. And then they're like, oh, no, no, but that wasn't the real high, but that wasn't the real bottom. There's all these fucking
exceptions. And it just, it's throwing shit in your face. Like it's okay to be uncertain. It's
okay to be, you know, in a situation where you just don't know what's going to happen.
And, but you do know that as things go down, you DCA.
And as things go up, it's okay to trim, right?
So just stop trying to figure it out.
None of us here, very few people,
really know what's really, really going on.
What's the catalyst for markets dropping?
How far are they going to drop?
You know, so stop with the theories jamie i can
respond to you just with two sentences and i think you made some very valid points kind of agree with
you okay that was not jamie that was volatility uh volatility no okay so i i'd just like to respond
to you uh to your points which were pretty genuine all i wanted to say was that if i had x amount of bitcoin in 2025
and if i have now x plus 10 bitcoin in 2026 would you call me a bitcoin bull or a bitcoin maxi
because that's what i think i am because i have the courage to buy even more bitcoin
and the better part of that is that i was able to time the
market a little bit better in terms of actually getting my dollar cost average price even lower
than what was for my uh previously let's say assuming 10 bitcoin and now 11.5 bitcoin i'm just
giving you uh out of the box numbers you know just to uh the the dollar cost the dollar amounts that i
actually put in is now much lower so my average purchase price is lower so you could call me a
successful trader you could call me a delusional bitcoin bull but the fact is that i'm now sitting
on more bitcoin than i was in 2025 yeah so hold on hold on india i agree with you actually i'm
one of the people on here who actually agrees with you about your strategy. I'm not popular for it. However,
what I would say is, even though you're accumulating more right now based on your strategy,
what I'm telling you is that your risk reward isn't worth it. Now, you might be right,
isn't worth it now you might be right but the the 20 30 down at this point of the market
you could be right and you could say hey i have more bitcoin you but the 30 down
oh hang on a second hang on a second i want to be clear did you buy back in all your bitcoin
that you sold yeah exactly that's what i'm saying i was a very happy buyer at 64k and if it goes down towards
so you're fully allocated yes when did you sell when did you i sold in november of 2024 5. i bought
back on the recent dip what price at what price okay let's forget it but i i just don't want to
mention the price but i no i want to know the price yeah that matters i I sold it around 91, and I bought back at about 64.
Okay, so just to let you know, okay, by that number, okay, selling at 91,
if I would have executed that same strategy, I would have ended up with less Bitcoin.
Because I have to pay taxes, and people don't understand what taxes are, apparently, in these spaces,
but I would end up with less bitcoin executing your your
perfected strategy at 91 sale just to be clear the net the net accumulation based after taxes
india that's part of it come on so executing the india bitcoin man strategy for joe means
less bitcoin that's just the reality wait ind India doesn't pay capital gains tax?
We do have to pay capital gains tax as well,
but it's just that I calculated my old spreadsheet and I saw that I made some profits on it.
You have to overcome your tax loss first.
If you're in a 20%, 25%, whatever your tax implication is,
you have to overcome that first before you get into profits.
Do you mind if I want to?
I can send you my spreadsheet as well.
You can see my calculations.
You don't know?
You don't know?
Put it in the nest.
You're a trader?
Is it 10%?
Is it 15% more?
Yeah, 15%.
What's your tax obligation percentage?
So 15%.
So you sold at 91.
And so let's just do the math here.
You said you have 15% more Bitcoin.
So I can tell you what your tax rate is.
I mean, just listen to me.
Listen to me.
Listen to me.
So I still have some more dry powder to go in at 50K.
That doesn't matter.
So you haven't bought all the way back in.
Once I do that. So here, here, here. going at 50k that's different what you said a moment ago just for the record but what if it
doesn't go to 50k are you going to fomo back in above 191 is that you have to factor that in. Come on.
No, it does.
But here's the thing.
There are a lot of people, and I know some of them, that did not sell at 91.
They sold at 89.
And they sold at 85.
And now they're sweating, right?
Because they're like, okay, it's at 70.
What if we don't get a new low?
I didn't buy 60 because you had like a day to buy 60.
They're sweating because if it goes above the high 80s, right, then they have to make a tough decision.
Do I FOMO back in?
Do I risk actually after taxes having a lot less Bitcoin?
Or do I buy here?
Do I buy right here where I can squeak out a little bit of a gain after taxes?
And that's the game you get into, guys.
And nobody has a crystal ball.
India Bitcoin man does not have a crystal ball. India,
Bitcoin man does not have a crystal ball. People can make guesses. They can make probabilistic assessments. But this happens all the time in the equity market. When you sell, you not only have to,
if you properly account for taxes, you have to figure out, when am I going to redeploy capital?
And it's never fun when you're actually at the bottom. It's never fun. Nobody wants to buy there.
That's the whole point.
That's why it's a bottom.
And that's why we have to buy,
because we buy the biggest fear that exists at that time.
And this is the best opportunity to buy bottles.
But you're not buying.
You're waiting for 50K, you just said.
Because I personally feel...
You're at dry powder.
I personally feel that we're heading there.
Now, that is my strategy.
That is my strategy.
Why did you buy 50K then? Because my strategy that is my strategy why did you buy you have to overcome because i my
my my strategy is okay let me just share my strategy with you on the group maybe it is of
some interest to you what i want to subscribe subscribe as well just let me let me i'll just
post my post my strategies link to you right away in the group i can can't. I love these spaces.
I freaking love them.
I love all the India,
Joe.
I fucking love you both.
I freaking love them.
India,
you have the floor.
Go for it.
India,
are you posting?
Are you not talking?
Is that why?
Or are you distracted?
I just want to. i am not distracted i've
already located my strategy but it's a pdf i don't know how to push the pdf onto the spaces
maybe i can put it as a dm maybe i can put it as a dm too just get claude bot to make get claude
bot to make an algo for your trading strategy you You'll make a lot of money. India, just message it to me.
I'll post it.
Just focus on your conversation.
I'll do the back end work.
That's why I'm here.
Fair enough, buddy.
I'm just going to DM it to you.
Then you can share it with the rest of the...
I got you.
The funny thing is that the guys I all know,
almost every single person I know in Bitcoin
that has made a lot of money is not a trader.
They're people that have bought and held for a very long time.
Now, I will fully admit that the most recent returns, like if you're coming in 2022 or
2020, you know, 2023, right, the returns are nice, but they're, you know, individual
securities that far outpace Bitcoin.
But like the guys who make big money, they make big money on holding, not on trading.
In fact, I know a lot of traders who have executed strategies that sound a lot like India Bitcoin man
who have ended up ending up with half as much Bitcoin.
Friends of mine, right?
They sold Bitcoin convinced in 2020 that it would never get above 10k right after
it was falling over they were saying i gotta get out joe i'm all for it but but the risk reward has
to be like prevalent like it's not right now like like if you really believe it's going down 30
cool but the the upside is 300 so the risk reward is not there that doesn't make sense i mean listen
100%.
So the risk reward is not there.
That doesn't make sense.
I mean, listen.
It doesn't make sense when he says, I firmly believe we're going to win the game.
Jamie, I've sent you my spreadsheet so you can just have a look on your DM.
And then maybe if you want, you can tell.
I just saw it.
I will put it in the net.
Yes, sir.
I'm going to jump on NDSI here a little bit.
I like him sold around 90.
You're my guy, but you have to then defend the risk reward of 30 down to 300 up.
Add that to your cash.
No, no, no.
I know about that tax.
I did calculate tax ahead of time as well.
So, you know, I'm still able to buy back the coins I sold plus a little bit of a gain after taxes.
But I also believe we're
going to go much lower um like many other people so just based on what's much lower so i have two
ranges i believe it's going to be between 50 and 55 would be the first support level and if that
breaks below 50 the next one will be between 35 and
40 and those are the only two that I see would be the two bottoms that I see
that's it that's what I'm that's not okay so just just just to put this in
context okay and I just want to put this in context for people every single if
you want to go with all the cycle theory right because people believe that every single cycle has actually seen lower
drawdowns right that's historically it's been uh from the peak to the trough it's been a been a
decreasing drawdown but what you're saying if you're saying that it was one we're going to go from 126 down to 30, right?
That would actually put it as a nastier crash than the FTX crash,
just to be clear.
Yeah, I know you're looking at the percentages-wise,
but I'm not necessarily saying it's going to be 30.
The second one was between 35 and 40.
That was the level I put it at, the second bottom. The first bottom was between 35 and 40. That was the level I put it at.
The second bottom.
The first bottom would be...
No, 35 to 40.
35 to 40.
Oh, okay.
Well, then it wouldn't be...
Right, but the first bottom that I'm thinking potentially it can be would be between 50 and 55.
Okay.
So, yeah, I appreciate that. And although I disagree with it, you know,
reasonable minds can disagree. My question is very simple. What's your invalidation?
When do you decide that you were wrong if we don't get there?
Well, I'm going to, that's a good question. That's a good question. But you know, I'm a,
I'm a person that fumbles very easily.
You know, if we get to 80, I'm going to be starting to, like, you know, question myself, like, what's going on here?
So I don't think there's any chance we go even above 75, to tell you the truth. But if we get to 80, then, yeah, then that's when I would be very, very scared.
Okay.
So, so when scared, you're going to be scared.
Why would you be scared?
Because.
Why would you be scared?
I mean, I'll have a whole bunch of cash sitting on the sidelines, Joe.
So what?
You get cash.
You wanted cash, right?
Like, I don't understand.
Why would, why would you be scared?
This is, this is fascinating to me.
Why would, why would you be. You know is fascinating to me. Why would you be?
You know, you're thinking about the coins you have, and, you know,
I might have to FOMO is what I'm saying if it happens.
So that's what I'm with.
Okay, but here's what I want in your strategy,
because you've been calling it right, right?
Like, and you've got to tip your cap to somebody who calls it right.
I want to know if we go to $ 80,000, will Tao be a buyer?
Yes or no?
Answer.
Okay.
Honestly, I'm going to say no.
And the reason why I'm going to be.
Okay.
Okay.
Fine.
Lightning round.
80, 80, 85 K.
Are you a buyer?
No, I'm not going to be a buyer once we go up because Joe, I still have a significant
stack on the side so okay so
there's so basically there's no price yeah you may be a buyer at 80 but if we go above 80 even all
the way up to the new yeah there's no i will actually be a seller if we go back to high time
highs yes oh sell yes okay interesting yeah so so you're gonna be selling uh at 125 if we went
there this year yeah oh so shaving off a little bit i won't be yeah what about 150 yes yes absolutely
any sort of 200 absolutely and he's in a good all-time high all the way up you're gonna you're
gonna be selling all the way up from now absolutely absolutely like i've learned my lesson this is the worst game plan i i i kind of disagree
with the last thing i think how is awesome as a human but as a investor this is like the worst
strategy i've heard in a long time really no no yes it's like this is like it's never
wrong to get profits you're going to never really wrong
to the profits oh my god i believe even if we go all-time highs we will go below 100k i have i
have lost listen listen had i when i was younger i'll just tell you a story when you say you'd
never gone wrong uh uh selling taking profits i probably sold and i'm not exaggerating these
numbers like 15 million dollars worth of assets that if I would
have just held it from my youth, I would have that money. I can go down the list from NVIDIA,
Apple, at various tranches thinking I was smart, Tesla, which I held a huge bag of.
The amount of money I've left on the table from selling far outweighs the amount of
money that I would have saved myself through taking profits. This is why I am allergic to
this idea because I don't, I would rather sit through a painful drawdown and add than sell
these things that, and by the way, for the last like, you know, 10 years, it's been fantastic,
right? It's been excellent at a variety of levels, buying on dips and just holding forever.
Maybe that changes one day.
I tend to think it won't.
So I've done that with the S&P.
Like I was trying to be cute, you know,
2018 selling some spooze.
It's just, it's dumb.
I don't understand the thesis.
Raise cash for what?
I mean.
I can borrow against my assets.
It's always with the idea of
maybe it's going to drop back below 100k again that's one of the reasons like if we go up to 200
are you guys saying we're never going to go back below 100k no so so what if it goes up to 200
then goes to 150 then bounces back to 120 then goes to 150 then goes to 180 then goes to one
you want to live
your life like that like what what's what's what's the point of that like what's the point of having
your eyes glued to a screen on that crap like it's dumb now if you want to rebalance you want to say
okay i don't want as much of a bitcoin allocation i want to hold some more i don't know bonds or
stocks or gold or i want to own talent here i don't know whatever that's a different story
right yeah but like that's not what i'm hearing you're you're trying to be opportunistic in your
trading thinking that you can navigate it better than anybody else which is fine maybe you will
good luck to you sir um i hope you win i really do for the record i'm not being sarcastic i i love
when people make money that's great um but i would just tell you like my own personal experience i think it's far
much better risk return to hold high quality assets for extremely long time it's that simple
and i've been very successful doing it um you know i think i would i've been more successful
than a lot of the the tradeoers in line drawers on here.
So, okay, I'll be honest here as well.
I hope you're always honest on here.
No, I mean, I haven't went through the detailed details of exactly what I'm going to be using the cash for.
I want to move it into iBit.
That's one.
And then also do options with Ibit.
So that's what, because I want to capitalize on that additional money that comes with Ibit.
I mean, because like with options, you have the tools to get even more as the price increases with Bitcoin.
So it's kind of like your double debit. Not only are you gonna be able to get premiums, you get the value of IBIT going up as Bitcoin's going up.
So in a sense, you know, I'm just holding Bitcoin,
but in an ETF and trying to get additional premiums
on top of it, that's really what I was trying to do.
That's great.
Guys, I gotta go because i'm heading off to a meeting
so i've got a budget but really a pleasure always joe and jamie jacob fred everybody talking to you
around really amazing thank you so much appreciate you india thank you brother thank you
hi can i offer an opinion on that topic? Jump in, 21st century.
Hello again.
I've been traveling a lot lately, so I couldn't hop on the spaces. But just to remind people who don't know me, my job is a professional trader.
I trade every day the indices, and I do invest in Bitcoin.
And I do invest in Bitcoin.
For me, the way I trade is that any candle is the same, no matter the time frame.
So the patterns, the trading patterns that I use for my day-to-day lifestyle,
they work on three months time frame, five minutes, 15 minutes, all the same for me.
Price is fractal.
So I just want to give some kind of points of view
on what the chart is saying in terms of Bitcoin.
So the monthly, the yearly and the three months is very bullish.
And right now we are in the areas where when you want to reload this easy area but
it's always very very very difficult to pinpoint the exact reversal area however we are in the area
so i i just want to add on i think it was was Jamie who was saying the risk to reward ratio screams entering now instead of waiting for an additional 10K dip.
Because what the chart is saying is that 180, 200K is coming next.
So entering now at 62, 65, 70 or 52.
21st century, I'm sorry to interrupt you.
Yeah.
Because I really want you to continue, but I just have a question.
I have people that are way smarter than me with the chart says this narratives.
They tell me that the chart says we're going to 30 or 40 or 50K.
How can you say the chart says we're going to 190?
Does the chart say whatever is in the eye of the beholder?
Because the higher time frame, the long-term trend is going higher.
And for now, Bitcoin never failed to make higher highs.
So if you look at the chart from a three-month perspective, it's only up.
It's only higher highs and higher lows.
So because the lows have never failed, you have to think that it's going to continue.
Meaning that if we get a new all-time high, we're going to have price discovery again and we're going to go higher.
And the way you put target on the chart is by using pivots.
Meaning you take the previous high and then you
look at where the reversal came and then you can do measurements from this and this is what
gives you the targets. That's why for me, I know that in the future, if we do a new all-time high,
which is my belief, we're going to go to 180, 200,
and it's already written in the charts.
Where is the money going to come from?
I don't care about that. You see, there are people who trade or invest
because of fundamentals,
and there are people who trade because of the charts.
I trade on the charts.
But there are so many charts that point to us going lower.
So that's the difficult part. Why are you so confident?
The thing is, it is true
that there's a potential for more downside.
When you first stepped in, you mentioned
52, 55k and 35, 40k.
I can see that as well.
However, it's not sure.
Because to me, this would represent on the higher time frame,
like a monthly or three month chart,
it would be kind of a week, a tale, which I don't care about.
To me, if we ever go another, I don't know, a dump of 10-15k, it's gonna be a day or two.
And if I'm not in front of the chart and I'm not pushing on the button, I'm gonna miss it. So I
don't want to do that. I wouldn't say it's stupid. It's just that if you look at it from a risk to reward perspective, I do not understand why people would want to enter at 52 or 53
rather than now if you know that it's going to go to 180.
This is how you miss it.
Because you see, when Joe asks you, when are you coming back?
Because if you don't have a clear framework, for instance,
I'm just going to say it for instance. If you think that the price is fractal,
it means that you can see the same patterns on a different scale depending on the time frame.
Meaning, if you look at higher time frame, you've got higher expansion. Whereas if you look at higher time frame you've got higher expansion whereas if
you look on lower time frame you got lower expansion which means that the
volatility by time frame is different. What it means? It means that if you look
at Bitcoin price for instance which is stupid but some people do it but if you
look at the 15 minute time frame from time to time you're gonna see a hundred
bucks, a 200 bucks volatility right? But if you look at the 15 minute time frame from time to time, you're gonna see a hundred bucks, a 200 bucks volatility, right? But if you look at the monthly time frame,
you're gonna have 5k, 10k, whatever. Okay. So what it means, it means that on the higher
time frame, you have to have a look at specific price level which correspond to higher time frame candle level.
So the current levels that I'm looking at that I was really really really interested early 26
were the previous all-time highs on the future continuous charts PTC1 exclamation point, and the central exchange BTC point.
And the two previous all-time highs before the 125k, so the 2021 one, were 88k on the futures contract
and 69k on the normal central exchange Bitcoin prices.
You can look back at the whole history of the previous 17 years of Bitcoin history.
You look at the previous all-time highs, you extend the trend line to the right,
horizontal line, and up until now, every time price touched it or went below for a few weeks, days, month,
this was the spot to buy and you would do multiples afterwards.
Provided we do the same thing, why changing strategy? So for me, we opened the year around 88k, which was the perfect spot to enter.
If you look at the previous continuous contract, it was the previous all-time highs in 2021
was 88k.
Right now we are at 68k, so we are right below.
So perfect spot to enter.
And if you look at the previous centralized exchange
Bitcoin all-time highs in 2021, it was 69k. We are today at 68.3k. Perfect spot to enter.
Why the fuck would you want to wait till 50, 50 to 53 when you are below the yearly open,
and you know that never before in Bitcoin history has there been two red candle years in a row.
We just had a red candle year yesterday, sorry, in 2025.
So it makes no sense to me if I look at the fundamentals of trading, any trade, I'm a professional trader,
would tell you the same. This is, you have to enter now, especially if you are not day trading.
If you are not day trading and you think that you adhere to the thesis that Bitcoin
adhere to the thesis that Bitcoin over the years is going to go higher and higher and higher.
Not entering now is... I'm not telling people they are stupid or not. It's just that from my
perspective, if I were not entering now, I would slap myself. It's stupid i'm i'm trying to optimize an entry for a needs investment thesis
that's gonna last 5 10 to 15 years so basically the summary i got from that is the risk to reward
doesn't make sense which i totally agree um i think the one thing that a lot of people aren't
looking at is uh 10 10 the whole situation with binance that isance that has been called out. I think that was a structural problem,
a structural problem in Bitcoin,
where we obviously, we fell $20,000 in like a day.
And there's so much mayhem that happened.
A lot of people got liquidated during that.
And I think we're still dealing with the ramifications.
I don't even think Bitcoin should have gotten this low.
But because Binance and the structural problem is there
that people are trying to figure out,
because it's overseas, it's a black box. We don't know really what's going on.
They're most likely trading against their customers. So I think that is kind of still
working through the system and we should have never even got that low, but I could see how
people are thinking with the four-year cycle that we can go lower. But yeah, I just don't see it.
Yeah, I just don't see it. And yeah, again, the risk of reward doesn't make sense. I'm buying here.
Yeah, again, the risk to reward doesn't make sense. I'm buying here.
It's funny. It's funny how I listen to one side and I'm so convinced. And then I listen to this side and it's also very convincing.
it's just
both sides have very compelling
reasons why it will
be one way or the other
whether it's charts, whether it's reasonings
and Joe's experience
about high value
assets and this huddle
and all this stuff
you know, might as well just
flip a coin
the thing is Tao is like you can be correct and it just may not be in your best interest.
Like that's the risk of war part.
Like, you know, you could be very low, like that there might be some downside, but the
risk of the downside to the upside, given the fact that you believe it will recover
and go back to the upside,
that's the part where you look at it like, what do I gain?
One of the reasons why I'm...
With your tax impacts, that's the other part.
Yeah, one of the reasons why I'm also kind of more risky is because like i feel like
the position that i currently have it's either bitcoin bitcoin related you know stocks that
i'm okay with it because i would still be gaining you know quite a bit with the things that we do here.
I don't think you will, but that's the part where when you do the math, when you factor in your tax obligations, let's just say it's 15 or 20%, whatever it is.
That means to break even, you have to gain 15 to 20% to just break even.
So then you have to have additional downside to profit.
So like the numbers that you've talked about, where you want to get to it, say it's 65,000,
say you're at 20%, that's 13,000 more down. So now say that you're at 50, you have to get to 50
to break even. If you don't get to 50 and it goes the other way, then you've lost.
So you have to break 50 for you to even make a profit from there. So let's say it goes to 40.
And so maybe you gain 20% at that point. It's just a substantial amount that you have to, it's just, it's just a substantial amount that you have to overcome to just gain 20%.
That's the part. Now,
if you had said that you would loaned against your Bitcoin to take some
additional risk with a smaller portion, maybe 10% or something,
maybe that might make some sense because you have no tax implication and you
have some downside. You know, we talked about maybe doing like an option, like a put, like so that you didn't like, you know, you paid a premium.
But every time it went down, you may have benefited at least to break even.
There's some different strategies.
Maybe you did a limit order and you could catch some of those lower levels, but you didn't have a tax obligation because you borrowed
against it. Like there's three or four different strategies that wouldn't have put you at a minus
20 until you break even to make the strategy make sense. So that's the only thing part that I think
maybe was overlooked and has to be factored into your overall,
you know,
end game as far as a profit percentage.
Does that make sense?
Yeah,
yeah,
definitely.
And even with after tax calculations,
you know,
I can make significant amount of gains.
once we go below 60,
getting my coins back and then some.
So it's something that I'm also looking at.
But yeah, I'll factor that in.
I've looked at the whole tax implications, everything,
when I did what I did.
So it's just, yeah. I mean, one way I could see that actually happening
is if finance does have a failure problem.
Like, I don't know.
I know a lot of people have been taking their coins off the exchange.
And if they have like an FTX situation and they go down, then, yeah, I could see Bitcoin falling to that.
But from here, I don't know.
I think, yeah, there's got to be some kind of black swan that will send it much lower.
But, yeah, it's a tough game to be trading.
I don't recommend it.
No, no.
The thing is, there's nothing pushing it up.
We don't have any catalysts.
We don't have any money.
There's nothing.
Where's the liquidity coming from?
I don't think anyone is disagreeing with you at that,
but you have to overcome a 20% tax profit break-even point
to just even to realize your thesis.
So, like, that's the part where, like, why chase a plus 20 realized gain to even break
even?
Why risk that?
That's the part where, like where I don't get it.
Yeah, I'm not following that part there. And I do get my taxes today too, so I haven't
sent it to the accountant, but I can plug in some numbers with chat, GBT, you know,
and saying, hey, this is my long-term short short-term gains how much i have
to pay etc etc and so far it's working out pretty good like the tax the tax i have to pay
um from everything that i've you know sort of sold and you know have withdrew i would still
have quite a bit of fiat left to get back, you know,
the full amount.
Listen, end of the day, bro, I want you to win no matter what.
Yeah.
You know, so.
And we talk offline, so we can, we don't have to waste space on it.
Like, we can talk offline too, you know, so like.
Yeah.
We got direct connection offline.
Like, you're my guy, so.
Yeah.
Like.
Yeah.
No, I mean. Yeah. Yeah. No, I mean, yeah.
I mean, if I really wanted to.
Yeah.
If I really wanted to, even right now, I think I can already get back.
I think I would believe that.
Well, anyways, yeah, we'll talk more about some other time.
It's definitely good to be aware, though, to be mindful.
Whatever people decide to do, just be mindful of the risks that you take too.
Because if you're not calculating right, you know, yeah, you can be in a very tough situation.
I've added a few more speakers.
If y'all want to jump in here, jump in.
It's late now. You all got to raise your hands hands go ahead and be respectful you're good
yeah i appreciate 21 century you know giving his opinion of things it does make me think
and like i say it's very um compelling from multiple places so yeah, yeah. Well, if I may add also,
it also depends on your overall thesis.
I mean, no matter the asset,
are you trying to double
or make multiples of your capital,
like making a 2 or 3x?
In that case,
I could agree with trying to optimize the entry, even for a stock picking or a BTC, like saying, I can see 52, for instance.
Let's say you say, I can see 52, 53K, I want to do a 2X, 52, then exiting at 104, that's a 2X. Fine.
If it's what you're looking after, then I've got nothing to say at all.
However, if you are in agreement with the overall thesis about the technology,
the improved digital gold, whatever, I mean, there are so many sides of it,
of the coin, so I mean, we're not going to list them here,
but it means that potentially over the next decade or so, or even less, there's a 10x, 20x potential.
In that case, if you agree to that, there's no point at all in waiting for 52 or 40k.
Because it doesn't make sense. Why? Because you are competing
with versus two strategies which are investing and trading. And doing 10x or 20x investing
is easier than doing 10x and 20x overall by doing multiple trades. Because every time you exit, you have to find a new
optimized entry for a new optimized exit. Meaning that if you want to do 10x,
you have to do 3x and then and then and then. You see? So it all depends on what's your thesis about the asset that you're investing in. If you believe Bitcoin is there to stay and the limited supply, etc., the new technology, the settlement layer, everything, and you think that there's a potential for 10x, I mean,
entering between 65 or 45k, it's complete nonsense to me. But again, everyone has its own issues,
its own way of looking at the time, its time horizon, is it six months, two years, five years, ten years, whatever.
But I think you have to look at it.
If you look at it from a perspective of a discount sale, right now it's big sale.
This is a big discount moment.
And it won't matter in a few months time if the entry was $40, $60, or $80K.
That's what I think.
And, you know, one chart that's been very convincing
that I looked at, it's the RSI.
You know, the RSI shows that we only have probably
a few months left before we actually go up.
So it's kind of like if you're going to buy, a few months left before we actually go up.
So it's kind of like if you're going to buy,
it's getting very, very, very close is all I'm saying.
If you have a framework,
I mean, the main difference between an amateur and a professional trader,
it's the consistency in the framework you're using,
meaning that you don't change your strategy
every time you wake up, right? you don't change your strategy every time you
wake up, right? So you have to look at the charts and the tools that you're using in a very consistent
manner and always use the same strategy so that the backtesting that you do, the stats that you
are looking at, your win rate, etc., you can replicate it, right?
The way I look at it... Can I help you?
I just need 10 seconds and I'll let you talk, thank you.
The way I look at it, from the way I trade when my bias is to the upside,
I've got all the ingredients right now to enter. Meaning,
I am anticipating a green candle for the year, we are below the open, we have taken
very important lows from previous years, and right now price is stalling, meaning logically, the big buyers are accumulating.
And now I just need to see momentum to the upside, which I will see in the coming days and weeks, green candles.
And the moment I will get my confirmation that we are going way, way, way, way higher,
is once we are capable of closing back above the yearly open, which is 88k.
Yeah, so I just want to add my own two cents. And this is the way I say it. I may be wrong, but I think it's all about macro. This environment, the sentiment is really poor and it seems like Bitcoin is very expensive.
Because I think the way to look at it is, first of all, we need to look at how we got here.
Now, Bitcoin grew organically to about 32,000.
And when these ETFs started popping up and institutional investors really came in,
there was a rapid acceleration to 69 to 70 to 80.
So the way I see it right now is this environment
is very skeptic.
There's so much uncertainty in the system that people are not kind of confident enough
to invest in risk on asset.
So if you bear in mind,
Bitcoin is the most liquid risk on asset.
And it's the first thing anyone would sell
if you don't have strong conviction.
So we are down about 50%.
So it will take about 100% to get back to all-time high.
And I don't see that happening
except we have big money coming into Bitcoin.
Retail cannot do it.
I doubt it institutional investors can even do it he has to get to a level
of maybe say sovereign before we can see under percent in a short while like everyone here knows
that this is just a temporary uh setback bitcoin will get to 200 000 it's going to get to 500 000 it's going to get to a million
because the dollar itself has no bottom but for us trying to understand what is going on in the
short term i would attribute it to 80 percent liquidity liquidity is being drained in this
system because um i was listening to india when he was trying to convince the group.
I don't think he put it out well.
So there are two sources of liquidity, which is the Federal Reserve when it reduces interest
rates and people are able to borrow, then leverage, then there's good velocity of money in the system
the other one is the financial institutions where you can approach them and you know um
you can talk to them and you know tell them what you want to invest in and they support you
i think that part of liquidity in the system is no longer available.
Let me put it that way because, you know,
in the broader market, there's also skepticism growing
in terms of AI software tech.
It looks like the AI narrative is running out.
Looks like the AI narrative is running out.
So I'm not sure the way money was pumped out
by commercial banks or financial institutions
in the penultimate year or even last year
is still prevalent at the moment.
So I would generally attribute it to liquidity.
Like even gold, that is 5 000 it's it has a physical substance
it's just it's still struggling you know to move up to close of an asset that a lot of people
consider maybe just a code and it's still worth 60 000 i mean for a common man now, or even a regular investor, 60,000 is a huge money.
So the reliance is mostly going to be on institutional investors
and maybe sovereign nations to help Bitcoin at a time like this.
So I think we still have a long way to go.
I'm hoping that by Q4, turns turn around.
You know, midterms, election is coming.
You know, they'll give an excuse to kind of pump money
into the system.
The stimulus check is coming.
Then people can buy Bitcoin in bits.
But for a huge transition into the sentiment
that we have had in the past, you know, and moving 100%
going back to our time, I think it's a very difficult aspiration at this time in the short
time.
Hey, guys.
Great, great, great group.
It's amazing.
Really enjoying the space. Is everybody still here?
Yep.
All right.
We're listening.
Yeah, so definitely interesting to hear everyone's opinion.
And I guess if I can add to the space, and it's amazing all the ideas coming, you know, flying through.
But what I would like to say is my point of view on these assets is similar to Saylor in a way and similar to Warren Buffett.
Similar to Warren Buffett, I'm a buy and hold type of guy.
I am a buy and hold type of guy.
And I forgot if it was Jacob who was saying that he has lost an enormous amount of money
or left on the table a lot of money because he bought and sold too early, like Tesla and
NVIDIA and among other companies.
And I can relate to that a little bit.
You know, you listen to the crowd and, the crowd and needs pop everywhere all the time.
And what do you do is you go and start selling your stuff.
And learn the hard way.
And today, for me to sell something is going to be really, really difficult.
If I buy an asset, it's because I don't have a plan to to sell it i just don't
and my my btc i my average is so low that my taxes will be like astronomically high
to the point that if i sell them it's just like i'm stuck on a hard place because it will be just too difficult. And I will be beating myself up if I sold them at a point where I have to pay so much taxes.
And then I'm just going to just I just can't do it.
That's that's that's personal.
And and and so what I do is I keep accumulating.
And so what I do is I keep accumulating.
Every month I buy some, just like I put stuff away into my IRAs and my Schwab's account and all that stuff.
I just treat it as part of my retirement.
And when the day comes that I have to retire, then I'll decide what to do with it.
I don't think about, you know,
where's the price today? Am I going to sell? Am I going to buy? No, if it dips like right now, like this gentleman is saying, uh, 21, I think for me, I am, it's on sale right now.
It's the way I look at it. And I bought at a hundred thousand. I, it doesn't matter to me
when I'm buying. I bought the top what like sailor said and i even tell my
own friends i say you you know you just just don't look at it that way just buy it when you have your
money because if you you're going to spend the money no matter what you're going to spend it on
stupid meme coins and i'm sorry if i'm hurting somebody's feelings here but you know meme coins
or shit coins or whatever that is, some assets are really good.
I'm not going to speak bad about them.
But for the most part,
if you believe in some asset,
I mean, just buy it because you're going to spend the money
no matter what.
And lastly, if I can add to those who said
that this gentleman said
that this is too expensive right now,
it's too much money right now.
When you think like that,
you will always be,
you just,
you'll never get out of your,
where you are.
You'll never make it because here is why the same thing happened with the,
with the houses.
I own some rental properties.
Have you ever considered you bought the top of a pedophile coin
uh i don't care about that kind of that's noise you don't care about the
fucking epstein yeah nobody cares nobody cares about nobody cares oh so you guys are definitely
down with the cult definitely don't care about how there's literally a backdoor in everything
there's not a bitcoin wasn't compromised bitcoin core wasn't compromised there's literally a backdoor in everything there's not a bitcoin wasn't compromised bitcoin core wasn't
compromised there's literally a backdoor in every fucking thing i thought they said bitcoin tonight
is this not a bitcoin discussion that guy was literally talking about buying the top of bitcoin
like like he's not a fucking idiot and uh i can't give you i can't give you a contradiction to that
i can't give you a con to your guys' cult rhetoric.
So what?
Do you use US dollars?
Do you use US dollars?
Do you use Windows?
Do you use Apple?
US dollars is a pedophile coin.
Do you realize the Epstein files?
Promise software?
Nobody cares about that because it's a decentralized network.
It's an open source.
It doesn't fucking matter. Speaking of of which tell me about tether
tell me about tether
tether it's tied to bitcoin
alright
you should care about it
he's gonna bring up every fud
alright go ahead
the whole fucking matrix is collapsing
it's not fud
I'm not into crypto
everything is gonna collapse
the whole fucking matrix what do you hold? I'm not into crypto. Everything is going to collapse. Do you hold US dollars?
The whole fucking matrix.
So what are you doing?
What are you doing to prepare for that?
What are you doing to prepare for that?
I'm not a bear.
What are you doing to prepare for that?
You think that it's fearful that I need to prepare for something?
Nobody said it's fearful.
Who said it was fearful?
Why do I need to prepare?
You said what am I doing to prepare for said Matrix collapse?
You said the whole thing is collapsing, so what are you doing?
I don't need to prepare.
That's a fearful mindset.
You're living inside of the 3D box.
How is that... Okay, are you making money?
Are you making money for your family so you can take care of your family?
Am I making money? What... The money that's
not going to be relevant after the fucking
Matrix collapses? Is that what money
you're talking about? So what? Are you getting guns?
Are you getting guns?
Are you getting something?
You guys think that the Matrix collapsing,
that just means that it's going to the Mad Max scenario.
That's how programmed by Hollywood you guys are.
Who's saying that?
You just brought up weapons and shit.
You brought up weapons and shit.
While you're saying the whole thing's gonna collapse,
how are you preparing? We're making money,
investing in Bitcoin. Do you think that this
matrix is good? There's literally
more debt on earth than there are
Who said it was good?
That's why we're buying Bitcoin. What are you doing?
I'm not buying fucking Bitcoin,
that's for sure. Okay.
Then fucking what are you doing?
Okay, let's pretend that Bitcoin isn't compromised.
What about Bill Gates?
He's in the Epstein files.
You think fucking Bill Gates fucking Windows,
your shit isn't compromised?
You don't think every fucking keystroke
that you're doing isn't fucking logged?
What is your point?
You don't think your keys are being leaked?
You're not even making a point.
I'm making a point.
It's contradictive to Bitcoin.
You don't have anything stable
to operate Bitcoin on, even if it was
safe.
You don't have a safe platform to
use Bitcoin on, even if it was this
effective anti-New World Order solution
that all the Bitcoiners say it is with their
faggot Bitcoin Citadel
cult fucking faggotry.
So you just came into a Bitcoin room So you just came into a Bitcoin room?
You just came into a Bitcoin room?
I came in to shit on cults, dude.
I like shitting on cults. What's wrong with that?
You probably have no life and you probably don't
do anything important. I have a life, dude.
I have a regular fucking normie.
Oh, okay. Credentials.
Credentials. How did credentials
work? How did credentials work. How did credentials work? I'm saying you probably just smoke weed.
You probably don't do shit.
How did credentials work during Corona?
Corona.
I didn't take the vaccine.
Corona. Okay, so you're asking about
credentials and I remember a bunch of faggots
waving their credentials around.
You're just telling me that I need to take this
death jab and a bunch of NPCs.
Oh, you need to wear your mask. You need to wear your mask. You need to take this poison death jab and a bunch of NPCs. Most of the people in Bitcoin have to take the vaccine.
You need to wear your mask.
You need to take the vaccine.
We agree on that.
Why are you arguing?
How many Bitcoiners pretend that they didn't take the vaccine?
It's statistically impossible.
Three quarters of the world took that shit.
For all the faggots to pretend that you
didn't take the vaccine
and you guys are all just magically in
the big point community. It's bullshit.
You guys are LARPing.
A lot of you guys are exit liquidity
and you don't even know what you're doing.
Hey, James.
Hey, James.
Hey, James.
Are you scared of the fucking
monsters under your bed, bro?
Are you scared of the monsters under fucking the island in Zoro Ranch?
Are you scared of the fucking bodies in Zoro Ranch and under Epstein Island?
You know, I'd be lucky I'm not co-host, man.
Are you?
Oh, no, my life would be over.
That's funny.
You guys make fun of me having no life.
What are you even doing here, you dumbass?
You threatened to kick me. You're make fun of me having no life. What are you even doing here, you dumbass? You threatened to kick me.
You're such a fucking dumbass.
You came into one of the greatest spaces of all time.
You're just highlighting how it's an echo chamber.
And you fucking...
Oh, if I was co-host, I would mute you or I blocked you.
You're such a fucking one.
Like, where are the hosts?
I blocked you.
Where are the fucking hosts?
You hurt my Bitcoin feelers.
Jacob, get rid of this fucking guy, man.
I bit Bitcoin at 123.
You're hurting my feelings.
Jacob, get rid of this fucking moron.
Jacob, get rid of this moron.
Did anybody watch the video at the top?
Does anybody want to discuss that?
How can fucking there be no hosts here, guys?
Like, what the fuck?
Jacob?
Why can't you not have an echo chamber?
We don't care what you have to say, buddy.
You're a fucking moron.
That's because it's an echo chamber.
Maybe there are people that want to listen to what I have to say.
Stay out of our fucking echo chamber.
Because it's not an echo chamber.
You're a fucking moron.
I'm a moron.
You're a moron, and all of us agree.
You guys are literally putting all of your fucking investment, all of your i'm a moron moron and and all of us agree you guys are you guys are literally
putting all of your fucking investment all of your energy and possibly a petto coin and i'm
i'm raising the red flag i'm letting you guys say i'm letting you guys know hey brock pierce
okay brock pierce brock pierce you know who brock pierce is right Shut the fuck up. No one gives a fuck what you have to say.
It's a Bitcoin space.
It's relevant, dude.
Just go away.
Are you coping? Just do us all a favor.
Are you coping?
Just go away, James.
Are you coping?
Go get some help, dude.
Can you tell me who he is
and how he might be relevant to this discussion? Shut the fuck up. Can you tell me? Can you tell me?
Where the fuck with Jake?
I'll tell you what.
I'll give you a few minutes of silence if you can tell me who
Brock Pierce is and Howard Ludnick.
How are they relevant?
So, I don't know how to fucking call him.
Howard?
You don't care about Howard Ludnick being in the Epstein Files, but he's literally tied to Tether.
Howard Ludnick, Counter Fitzgerald, Tether, hello.
Why don't you just go search the internet, man.
You're one of those meme-coined dumbasses that lost all his money. Is that why you're messing with us?
It's all all fake. You know what bro?
Don't don't even give him the time of day. That's what he wants
Just fucking ignore him until Jacob wakes up
Yeah, just leave go find go find it go find someone who cares
There's a there's a backdoor and everything why don't you guys boot me off
There's a backdoor and everything you guys know Dick Cheney
He didn't want a wireless pacemaker because he was afraid of his shit getting hacked. So it's funny a literal
Presidential figure vice president of the United States the guy that was basically dictating 9-11 against our country
He didn't want a wireless pacemaker because he was scared of it getting hacked, but you guys think that Bitcoin is safe. It's funny. It's funny
You guys are all larps you guys are all larps and your whole reality is crashing down
Everybody take your whole reality is crashing down upon you. I just walked them everybody should go do the
You can still hear me
While we're waiting everybody go boy everybody block me to reinforce the echo chamber, guys.
Holy fuck.
You ruined a great space, buddy.
You're highlighting how fucking dumb this guy is.
What's your name?
You ruined one of the greatest spaces there was,
and you had to come in with your fucking bullshit and ruin it.
So that's okay.
Greatest space?
There was like 400 people up here, so I'm kind of proud of this.
It doesn't matter how many people were in here, you fucking idiot.
It has nothing to do with it. It was recorded in everything like i'm kind of proud of it it is still recorded you can come back and listen to it okay well it's it's the internet that's how that works the internet
doesn't forget all right buddy you guys were being cowards on the internet that's what you guys were
doing hey 21st i have a question you guys yourselves men, but you can't fucking you can't even deal with the own fucking shit fit shit show in front of you
Bitcoin first I have a question for you. What's
What kind of timeline are you working? I have a question for you. That's Epstein file related
I've listened to your question, but I don't think I'm going to be able to answer right now.
Why was the white paper released on the biggest satanic holiday of the year?
Hey, Jacob, can you blog one of my new favorites?
Why was the white paper for Bitcoin released on the biggest satanic holiday of the year?
October 31st, 2008.
That's when the Bitcoin white paper came out.
Did you guys know that?
Did any of the newbie Bitcoiners in here know that it came out on the biggest satanic holiday of the year?
October 31st.
Halloween 2008.
Halloween, 2008.
I'm pretty sure they did that on purpose.
I'm pretty sure they did that on purpose.
Much like some other shit
that I won't say because I'd feel
more comfortable if this wasn't recorded.
That's where we're at.
I shit on this base of 400 people
and I feel pretty good.
Yeah, well, it's a fucking
epic fail, Jacob.
Epic fucking fail, bro.
Epic fucking success, bro epic fucking success man
Yeah, you go. What where are you?
What the hell is pretty sad when nobody wants to talk about the Epstein files, but you guys are all bad
Holders your bag holders. You know what guys you're down
Holding that bad and you're everybody
You don't wanna you don't wanna everybody don't want to listen
You don't wanna you don't wanna everybody don't want to listen
There's a wonderful video up the hop if you'd like to start there, but they're
So much more than sorry everybody that this fucking house. Sorry, you're apologizing for another man, dude
Why are you apologizing? All right, man, did you ask you to apologize for him?
Did he ask you to apologize for him did he ask you to apologize
buy feds there's definitely i mean they weren't necessarily feds but there's definitely some fed
gatekeepers up here that are trying to do you own bitcoin do you own any bitcoin i don't own any crypto it's all fake and gay
huh so what are you doing right sitting on cults what do you think i'm doing i already said that
i made my intentions very clear from the get-go this and this this guy up here is telling people to block me and everything.
He's just highlighting the cult fucking faggotry.
You guys block him.
Don't listen to him, guys.
Panic.
Panic.
Panic.
Don't let him speak.
Don't let him speak.
Mute him.
Block him.
Don't ever.
Don't.
You guys.
Everybody block him.
I'm going to go on a campaign to block this James
guy. Can't ever let him speak.
We must protect the echo chamber.
There's literal pedophiles involved
in this, in this point
basically. And you guys
can't, you guys can't
Fucking discuss it because you guys are all down bad bag holders.
fucking discuss it because you guys are all
down bad bag holders.
Okay, you can leave now.
You made your point.
Go for it, man.
I've had Bitcoiners talking over me for fucking years
doing their fucking faggot fucking cult rhetoric,
so this is what it's come to.
And they're still doing it tonight, so.
What's your point man
so uh once you guys are done reviewing that video i have another video that was actually
a video from several years ago that's not necessarily related to the epstein thing
but it kind of is because it it just shows how fucked everything is and you guys are literally
larping day in and day out.
Whether you're a Bitcoin LARPer or you're a financial TradFi guy,
it's all fake and gay.
Aladdin AI controls most of the financial market,
and you guys are all LARPing.
That's all basically I want you guys to do.
I want you guys to stop pretending that you guys know anything
and just admit that it's all
fucking fake and retarded.
And you guys have
no influence or control over it whatsoever.
It's all controlled by the Black Cube
AI and these pedophiles.
That's all I'm saying.
Is that so hard to...
Is that so much of an ask?
But anyways, there's a new video in the nest there.
It's been a while since I've been on Spaces,
but when I was on Spaces, we always called it the nest.
It's entitled, it's still the best video on the internet.
And again, that's not Epstein related necessarily,
but Epstein-like people can use that to take this fake and gay Bitcoin that you guys are having a circle jerk about.
There's that.
I think that it's funny that this is recorded.
Yeah. And I think that it's funny that this is recorded. And yeah, this is a good way to shit on a giant cult circle jerk that is called Bitcoin.
Now, anybody in here can...
I'm sure you guys blocked this guy completely.
How about...
Are you going to block this guy come about again? Are you gonna are you gonna block Howard let Nick to?
Are you gonna block you guys you guys are you gonna block Howard?
Spaces tomorrow or all the time if this is our
On spaces or if he's on Twitter, are you gonna block him because he's a big part of tether and
He's in that files ironically. Did you know that?
Fucking coward.
Fuck you, faggot.
245 still, so I was shitting on fucking a good two three hundred people for a while
i'm i'm proud of that
it's much more than i shit on on like youtube and some other communities
so it's it's refreshing to have a new cult to just absolutely obliterate and uh
thank you to the space gods for making this happen,
or Jacob, if you fell asleep.
I'm literally thanking you right now, whatever happened,
for this miraculous event to happen.
And if you look at my profile picture,
it's a sandwich.
And that's what's happening.
We are the crossroads of the sandwich.
Everything that's fake and not of the light
is being exposed by the light.
It's coming from below the surface and above the surface.
And it's meeting at the middle, us.
We are the crossroads of the sandwich.
And you should probably listen to your local schizo,
your local conspiracy theorists.
They're right about basically everything except for Flat Earth.
I never believed in Flat Earth,
but conspiracy theorists have been right about a lot of stuff.
So if you think that I'm a conspiracy theorist
or schizo or whatever,
you should probably listen to your local schizo
or conspiracy theorist, even if it's not me.
Because basically on Twitter, it's like this.
There's schizos, there's psychopaths,
and there's normies.
The psychopaths are always trying to influence the normies
so they can dump their bags on them and so on and so forth.
A lot of the top Bitcoiners, they probably know how fucked it is,
really, at the top.
They're really just doing it and they don't believe in it long term.
It's just a way to make money.
But anyways, that and if Bitcoin actually did survive,
suppose you made it past Windows and Apple and Linux,
you'd just be living in a neo-feudalistic society,
and that's not a very good way to live your life.
way to live your life that's probably not much better than the society that we live in now
That's probably not much better than the society that we live in now.
and um i don't know that any of these bitcoiners would be uh good um people as top uh one percenters
of society the way that they act and how fucking immature that they are some of these bitcoiners
are literally children and adults bodies like that guy that was saying
Are you good are you good bro shut the fuck up Wow.
Yeah, I'm down. foreign
Did you hear a noise?
I think I heard a noise as well.
Your name is Timothy Cookie.
Timothy Cookie.
I have no idea who you are, right?
She's a famous imbecile.
Hi there.
My YouTube channel. Sorry.
Hey.
Hey.
Hey.
Hey.
Hey.
Hey.
Hey.
Hey.
Hey. Hey.
Hey.
Hey.
Hey.
Hey.
Hey.
Hey.
Hey.
Hey.
Hey.
Hey.
Hey.
Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Oh I'm going to be in front of the attack is exactly what trouble we're in between the chicken
chicken Okay. so
okay I'm going to go ahead and do it. Mm-hmm. so so
This is a very good one. so Thank you. Thank you. Oh ... I'm going to go. I Thank you. I'm sorry. I'm sorry. I'm sorry.
I'm sorry.
I'm sorry.
I'm sorry.
I'm sorry.
I'm sorry.
I'm sorry.
I'm sorry.
I'm sorry.
I'm sorry.
I'm sorry. I'm sorry. Thank you. Hey, guys, again? you guys good how you guys doing i know you're uh kind of got stockholm syndrome maybe possibly
your whole reality is crashing down upon you right now but it's gonna be okay it's going to be okay. It's going to be okay.
But the warning signs were there,
so it's not like this was anything new.
Anyways, how many people do we still got in this space?
152. All right, so I knocked out like 200 people probably in this space, 152.
Alright, so I knocked out like 200 people, probably
in this space.
Not bad work.
It's more than the viewers
I usually troll on YouTube.
There's that.
You guys want to listen to me
cough real quick?
I've had to listen to so much shit from Bitcoiners.
I think that it's only appropriate.
Do you guys listen to me cough?
Is that okay?
I just have to find my pen real quick.
Bear with me.
You guys want the music again or no
you guys want to hear another another echo chamber thing that you guys will absolutely
refuse to hear island boys was anybody around fucking twitter for the island boys
don't you think they were just mocking you fucking retards?
I mean, I was there too.
I was in crypto at the time.
I'm not going to lie.
I'm not going to lie.
I was in crypto.
I'm not anymore.
I was going along with the LARP, okay?
I'm not going along with the LARP anymore, okay?
I refuse to go along with the LARP.
So, with that said, anybody here here like 2022 island boys island boy oh i'm a island
anybody here for that don't you think they were just mocking you guys like openly just like they
mock you guys in so many other ways don't you think
there's just some handler like go mock the fucking guys on Twitter on crypto
Twitter and go throw some shit coins out at them and and literally throw a
fucking Epstein sons out there I mean one of them was claiming that he's
Epstein's son whether it's believable. I mean, they do have similar facial structures.
You can look into that yourself.
Maybe I'll post it up top what I saw,
because I am absolutely dominating this formerly echo chamber
known as a Bitcoin Tonight space.
I'm absolutely dominating it.
So thank you to the space gods, Jacob.
Whatever's going on, I hope you got some good REM sleep.
Maybe influencing some good getting out of the cult dreams in your sleep.
Maybe, possibly.
And yeah, that's about it. and yeah
that's about it
don't you think
that if you guys
were like a big
you know
like pedophile
group
you'd want to
like creative
way to move
your money
around so you
don't have to
pay taxes
what's a good
way of doing
that
elephant
in the room
um I'm Thank you. . Thank you. . Thank you. . Thank you. . Thank you. Thank you. . Thank you. . Thank you. . Thank you. . Thank you. . Thank you. . Thank you. . Thank you. . Thank you. Thank you. . Thank you. . Thank you.
