July 8, 2025 • 58 mins
Join Bob and Texas Toast as they discuss Bitcoin miners and Ai, the Epstein list and how Bitcoin can fix this level of corruption. Visit bitcoinveterans.org and sign up to be included in all our signal chats.
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Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
(00:00):
Thank you.
(00:30):
All right, good morning, everybody.
Sorry for the, I'm actually using Starlink this morning, giving it a shot and probably
heard some missteps on the audio.
(00:50):
Once again, want to thank Lord Elon for X-Faces and Starlink, but good morning to everybody.
Thank you.
(01:30):
If you guys want to come up, we'd love to have some new voices.
Looks like we have BFP and a couple others.
But let's look at the stats here while people file in.
So today is Tuesday, July 8th, 2025.
And we are sitting at Bitcoin block height number 904,603.
(01:52):
The last block hasn't been found for 45 minutes.
A little bit of an anomaly there.
But the Bitcoin price is sitting just above $109,000.
Just as a reminder, you can still pick up around 916 sats for each U.S. dollar.
(02:13):
Has joined me up here.
BFP, how are you doing this morning, sir?
I am well. How's it going, Bob?
Nice to be here.
We'll see with this Starlink stuff going.
I'm trying a new connection and so far not so good.
But we'll see how this goes.
Texas Toast, thanks for joining me as the co-host.
How are you doing this morning?
(02:35):
It's good, dude.
Yeah, I guess it's, you know, you're centralizing your data input.
You got X straight to Starlink.
It's streamlined.
It's clean.
I like it.
They get all the data.
Yeah, I'm waiting on my Starlink antenna that I can embed into my arm so we can further integrate these amazing systems that we have created.
(03:05):
But thanks for thanks for coming up.
And a reminder to everyone in the audience, if you'd like to participate in the discussion, love to have you up.
Just hit that little microphone button in the bottom left.
if you can't talk or are too shy, because I guess the stat is around 90% of people are too shy to
(03:25):
come up on stage. You can use that little comment box in the bottom right. It's the purple pill.
Click on that. You'll still stay connected to the space and you can type a reply and you can also
share the space right down there as well. So do that to help us out and reach as many people.
and I say that every morning. So if you're sick of hearing it, too bad. But yeah, it is Tuesday
(03:51):
and there is a lot of stuff going on. A lot of things we haven't covered over the last couple
of weeks that we could bring up. But we have continued consolidation in, it looks like
Bitcoin minor core scientific was scooped up. We can talk about that by an AI firm.
(04:14):
BlackRock has surged past 700,000 Bitcoin, along with MicroStrategy or Strategy not purchasing this last year.
We have Celsius Network News.
We have a new Layer 2 that we haven't talked about over the last couple of weeks that launched last week.
(04:36):
So lots of different topics and would love to kick those around with you guys.
I think we're going to let BFP
if you're walking your dog
where would you like to start sir
anything on your mind this morning?
Nothing much
I was just saying goodbye to my wife
(04:59):
she was heading off to the fiat mines
but nothing I can think of offhand
all right swing and a miss my apologies man my mind was somewhere else
no i mean in these spaces maybe we start out with this core wave news
(05:22):
and uh core scientific um maybe they just liked each other because they were named
core something uh but
$9 billion deal, it sounds like.
(05:47):
AI firm CoreWeave is acquiring Bitcoin miner, CoreSign.
BFP, do you hear Bob?
He's cutting in and out.
Are you hearing him?
No, he's the same thing.
I just wanted to make sure.
that Starlink
(06:08):
every time it's transitioning
to a new satellite it's just
nothing
that sucks
it's all good but yeah I know a little bit about
this
you know I've been
following some of the Bitcoin miners for a while
(06:28):
you know
there's a couple
the main mode of thought
is that
They have access to, you know, data center infrastructure and power deals that AI companies want.
And, you know, there's some thought that there's an ease of integration into a Bitcoin mining stack.
(06:54):
but uh that's kind of i think remains to be seen if you know how efficient or inefficient it would
be to um to kind of integrate ai into your stack or if it's purely just about like the power deals
and um and the infrastructure or the basic infrastructure that's set out um it's gonna
(07:18):
To me, it's like I have this weird theory about or I think one of the one of the fun theories to think about is how like Bitcoin miners and Bitcoin in general was really needed to incentivize power across the planet.
And that actually is kind of the the prequel to to this AI world that we're we're kind of starting to get into.
(07:46):
Oh, I see Bob's requesting one second.
But it's pretty cool to see it kind of play out in that way.
And it seems like more and more of these AI, big AI people that are trying to, you know, increase their server capacity.
(08:09):
They're having a hard time.
They want it now.
The Bitcoin miners have the facilities now.
So I would kind of foresee more mergers and acquisitions in this space and more integration with Bitcoin mining to kind of smooth out their business models and cash flows and then provide for a more stable, especially United States market.
(08:37):
It'll be weird to see or it'll be interesting to see if it plays out the way some people think it is going to.
Then the Bitcoin miners, you know, kind of they're always just cheapest energy is at the end of the day.
Cheapest energy for the longest amount of time is the main thing you need to be a Bitcoin miner.
(09:01):
With AI, that's not necessarily the case.
Like that's a bonus, but there's some other different things to think about there as well.
You can't have the curtailment.
You need those AI data centers to be pretty much have 100% uptime.
So there's, you know, less flex for the grid.
(09:22):
And so who knows, maybe they can join them together and kind of create a more stable business model for some of the Bitcoin miners.
But it's cool to see all of them start waking up and get the price action I think they deserve in the market.
Because I don't think a lot of them have been priced accordingly, especially as we enter a parabolic phase of the bull market.
(09:48):
Usually those are last cycle.
Those things that the miners were, you know, like a really big beta source.
So they ran a lot harder.
But then they crashed a lot harder.
So we'll see where it goes
I think it's going to be a good way
For these big conglomerates to jump
(10:08):
Into the game with both feet
Scooping up these mining companies
You know, just with a
Splash of their big balance sheet
And I think that's where we're heading
With this Bitcoin treasury movement
Because eventually it's just going to be
How much Bitcoin do you have on your balance sheet?
(10:29):
Yeah
Yeah, I agree. And even further down the line, it's like, do these AI data centers kind of outcompete the Bitcoin miners, the Bitcoin miners move to cheaper energy infrastructure in third world areas or anything like that?
I don't know if that remains to be seen. I still think we're going to get some destabilization across the world in the medium term.
(10:57):
So I think the United States will maintain an outsized influence of Bitcoin mining.
But, you know, all it takes is is one of these, you know, more dictatorial states that has, you know, that's got an orange build a state like Russia or China with vast communist power generation infrastructure that is essentially controlled by the state.
(11:24):
If they if they want to, if they choose to do so, they could offer, you know, the cheapest rates of power and subsidize it that way.
And you could really see an outflow of Bitcoin mining if there's good deals in that.
Now, you know, it kind of goes against the whole model of Bitcoin, kind of goes against the Chinese model of CBDC and total communist state control.
(11:48):
But, you know, we'll just have to see if they kind of try to catch the horse as it's running and see the light.
So it's a game.
Yeah, to that point.
Do we have you back?
Yeah, I think I missed most of the comments, but so forgive me if I were just ruffing.
(12:10):
Awesome. No, that's exactly what was needed there.
The satellites were aligning.
So here we are now back.
Hopefully you guys can hear me.
But, you know, on this news, I do think it's interesting that Russia has been making this push.
I think we announced this a couple of weeks ago as one of our topics, but Russia, among other countries, is making all of their Bitcoin miners register.
(12:42):
And they have a special registration system.
And I think to your earlier point, Texas Toast, that they have, you know, the way their power is set up, the way their power generation is set up.
it would make sense that they would want to know where all that power is going.
And so if you're mining these assets, they would want to know what, again, where that power is going.
(13:10):
So I wonder if you see any correlation there.
Yeah, I mean, at the end of the day, once they kind of figure out the game, which is going to be a Bitcoin treasury, they're going to want to cut.
You know, that's going to be their incentive is to, you know, attract as much Bitcoin mining as possible and take a cut from it and build their treasury.
(13:35):
I mean, it's a form of tax. They will absolutely do that if they don't own the whole thing outright.
They'll definitely incentivize it, or they should at least, in order to acquire the scarce asset that is Bitcoin.
So and then and then there's the side benefit of also being able to mine blocks and ensure that your transactions can be processed through the network.
(14:05):
So, you know, there's incentives on a couple of different fronts.
And, you know, as Bitcoiners, I think we see incentives more than anything.
People are just they're going to they're going to follow their incentives.
And I see a huge incentive for states adopting a big Bitcoin mining and Bitcoin treasury strategy.
(14:28):
Yeah go ahead BFP I was going to say they quickly nationalize any of these big mining companies when they see how valuable this business is because nation states have no idea because it kind of like the juxtaposed
(14:52):
So it takes away their power or control of the people at the same time, you know, by making their fiat currency less valuable and Bitcoin more valuable.
But it's hard for government people to see that.
So as they figure it out, I think they'll nationalize, which ain't going to bode well for them anyway.
(15:17):
Yeah, at least in the short term, I think they're going to have to pass laws to not allow foreign-owned entities to acquire, you know, acquire at least U.S. minors.
Because, you know, obviously we see there's some sort of race on whether these different governments, including our own, actually understand it or not remains to be seen.
(15:45):
But I do think they'll have to put things in place to, you know, make it so that we don't have other countries or companies domiciled in other countries taking over large Bitcoin mining operations.
But again, we'll have to see.
Along these lines, guys, there was news out that Bitcoin miner BitDigital dumped all of its Bitcoin for an Ethereum treasury.
(16:14):
And so, again, this is one of those things where I have trouble not laughing while I say this news, but wanted to get your reaction to that since this is part of maybe this topic with mining.
Dude, Ethereum is the oil and Bitcoin is the gold and Cardano is what exactly?
(16:35):
Yeah, it's all just like scam.
They want to be the first at something.
Usually the first at something, even if it's a shitty idea, can trick enough people to, you know, to invest in it because it sounds novel and people want to be a part of the new hot thing.
(16:55):
And then people are kind of seeing that they might be behind the boat with Bitcoin.
So now they're going to come out with all this other bullshit treasury strategies.
and yeah I mean
they're going to have fun staying
poor they're going to fuck around and find out
and Bitcoin
will teach them
either shortly or over
(17:16):
the long term
Yeah BFP any thoughts on this
ditching
BTC for Ethereum
Yeah trash coins in general
you know people are
valuing them because they see the world through the lens of the U.S. dollar, they have to shift
(17:37):
their paradigm and see if they just pull up charts of BTC as the base layer money that you're valuing
these other trash coins in or altcoins or other names I won't mention for these coins, you'll
you'll get a much better read on how it's trending to zero over the long term with Bitcoin as your base layer.
(18:06):
So Ethereum is just the top dog of all the trash coins, although you could argue Doge is.
And I mean, max supply. I mean, how hard is it to figure out there's no maximum supply of these things?
So that makes it easy to debase.
(18:27):
It's just printing another fiat currency.
It's kind of ridiculous how people don't see it, but what are you going to do?
I think you hit on something really important.
What are you denominating your value in?
Better said that way.
Yep.
And so that's one thing.
And then the other thing it makes me think of is, you know, these guys have a fiduciary responsibility to shareholders.
(18:53):
And, man, I can just see lawsuits when this doesn't end well for the C-suite.
You know, if you ever wanted to take a risk on something, I don't think that this is it.
But clearly, again, I think you pointed out the big mistake here, which is what are you denominating in?
And if their shareholders are all denominating in dollars, then maybe they'll get away with it.
(19:20):
So I do think it's crazy, though, that you expend all of this energy into literal energy and then CapEx for all the facilities, any infrastructure to mine Bitcoin.
And so you get this pristine asset and you have it on your balance sheet and you say, well, I know we're.
(19:47):
I think you cut out.
And we lost it for a second.
But yeah, that that guy, I think he's in charge of Cardano or something.
He.
Yeah, he.
it's just evident now he's trying to swap out some of his trash coins for a whole big pile of
(20:13):
bitcoin so even the even the scammers are you know showing their cards now so it's
just sad i saw the latest thing one of the things this morning i have no idea if it's real or not but
um he was interviewed on the sean ryan show uh podcast he was talking about how really bukele
(20:33):
wanted to do a uh he wanted to run on cardano instead of bitcoin but you know he didn't he
he didn't want to airdrop uh the cardano tokens to ms13 so he decided against the whole whole thing
it's like our i really hope bukele comes out this is like this guy is a freaking scammer um we never
(20:59):
talked about this or wanted to do it. It was never a serious
conversation. I basically entertained this guy
because he fucked the shit out of me.
I don't think it probably went
and he's just making up most of the stuff in his head, but
it's crazy. It's like these guys are all going to find out.
(21:23):
The quintessential guy is Richard Hart. I don't know if anyone remembers
him, but he would buy all these Louis Vuittons and look like a clown.
Dude, what happened to him?
I think they tried arresting him.
Yeah, I don't know what happened.
I think the feds went after him or Interpol or someone in the watchdog group,
(21:50):
like Big Out Roger Ver.
I don't know.
Something happened to him.
Someone wanted him.
And he disappeared off the map.
He gone.
Yeah.
Yeah, and I think that's going to be the way a lot of, you know, it's the same thing, another cycle.
People say cycle theory is dead.
(22:11):
I'm not so sure.
I think it's just kind of, it has transformed.
It's not the same as the last cycle.
Yeah.
It's a different flavor.
But because of how Bitcoin is and how important the halving is and the supply issuance, I do not see the cycle completely ending.
(22:31):
I just think it's kind of morphing.
Yes, morphing is exact.
I was thinking analogous to the flu.
It morphs so you can never actually make a vaccine because you're – not to get into that, but you're predicting the future.
Yeah, and we're never going to predict the cycle.
(22:52):
It could be the Bitcoin's treasuries.
It could be a complete...
First he's dropping, now he's muted.
Oh, my bad. I'm muted.
Oh, okay.
I think you got force-muted on accident.
(23:13):
Bob, we got you back with us?
man guys living yeah this is uh starlink is not the way to go but maybe we should
transition a little bit to um blackrock of the announcement that their bitcoin etf has surged
past 700 000 bitcoin and uh just wondered if this changes anything uh in light of like your
(23:40):
guys is you know what you guys are saying about uh the cycles and how this thing has just kind of
transformed or morphed or changed a little bit uh any thoughts on black rock yeah a couple thoughts
the you know there are 700 000 there's 21 million um i kind of foresee a plateauing
(24:06):
There'll be a point where they're not going to get any more big money.
And then it will start to decrease probably till the end of time.
I don't know when that is.
I don't know if that's it.
You know, 2 million, 3 million, what have you.
I kind of think it's somewhere in between one and two.
And then we're going to hit some sort of geopolitical or scare scenario where people want self-custody.
(24:33):
They want the real thing.
you know, maybe DeFi plays out to the point where it's actually more valuable to have Bitcoin in
self-custody than it is to have it at a centralized source or custodian that is offering you these
(24:54):
incentives to do so, I kind of think those positions will be flipped in the long run.
But for now, you know, the ease of loans, some of these perks that come with loading the ETF over self-custody, they'll look attractive and they'll continue to look attractive for a while as the space kind of builds out.
(25:21):
But I think that's not a long-term strategy. Long-term Bitcoin in self-custody is part of the value proposition as a sovereign asset.
And I just think it'll kind of peak somewhere between now and the next five years, I think, and then slowly go down over time.
(25:44):
As people learn more about self-custody, there's easier access to software and hardware.
And the education kind of gets out.
It may be in the incentive model plays out with these other financial products that will be kind of integrated into the Bitcoin network.
(26:08):
I heard that the Bitcoin companies, the treasury companies are sucking up 2x times more than ETF.
I heard that like last week or just the other day.
I don't know if that's true, but that paints a picture of scarcity where the price should be going up a lot faster than it is.
(26:31):
Yeah, and I mean, we're at all time lows on exchanges, I think.
so everybody's just kind of waiting
they see the wave, it's like interstellar
we're on the wave planet, time is going by
what we think is slowly but is actually
insanely fast given your perspective
and there's a giant wave coming
(26:52):
and you better get in the ship
get on board, it's a rocket ship
get on board
the future is, in my opinion
And it's going to be proof of work as far as these companies.
Eventually, either countries or SEC or someone, whoever's involved with, you know, showing your balance sheet, just like eventually you have to show your money somewhere, whether it be dollars or whatever.
(27:22):
You're going to have to show your Bitcoin in these companies because everyone's going to be saying they have these Bitcoins.
and if it's pseudonymously anonymous well who's to say you don't you know just like an individual
but when you're a company i think you're going to have especially a publicly traded company
you're going to have to prove it that's my opinion and that's that could be in the next cycle
(27:46):
well and just you know part of my brain always goes to like i was raised
by a gold bug. My family has been very conservative financially and thought about,
never really trusted the government or the banks specifically. And every time I see
(28:08):
any of these financial institutions that are running BlackRock, whether it be BlackRock or
even a Bitcoin treasury company or anything, it's just like, that's people in between me and my
money. And I hate that. And I think that's inefficient, especially in an age of, you know,
exponential AI growth. And, and, and these, we're kind of breaking down all these barriers of,
(28:34):
you know, email writers and accountants and, and just all these people that are getting a cut
of your money because it's good for you, they say.
And they spin you this story, but to me, that's just,
you know, it doesn't make any sense.
(28:54):
So I'd rather just own Bitcoin, have it in self custody,
let the asset appreciate and the network build out and the financial infrastructure be built out as well And then by the time it actually worth something I be able to spend it the way I want it and
(29:16):
utilize some of these same aspects of the current financial institutions in a more
sovereign way that is really just more efficient.
Bob. Come in, Bob.
(29:36):
Bob is in space. Bob is actually orbiting around the planet right now.
Bob's up in the clouds.
He's trying to. He's got his toolkit out up in the Starlink satellites,
and he's just hitting it with a hammer.
Or he's up on his roof adjusting his antenna.
Come on.
(29:57):
that's gotta be frustrating
I really want him to come back
so that I can go inside and get a Red Bull
and a lip
I guess I'll just have to soldier on
let's see
let me look at some other topics
we got in the
(30:18):
back channel
if anybody else wants to come up please come up
and help me shoot the shit
because
Bob's here, but he's not here.
So,
I need some friends.
Help me, friends.
But until then,
(30:38):
we can talk
to Gen X.
Gen X, get up here, dude.
We got Gen X, we got Turbo.
I know you guys are working, but I'm going to invite you anyway.
If you can't come up, come up.
Funner, just pass it, inviting.
Fill the void.
You think there's a catalyst that you can foresee that might get us above this 112?
(31:08):
Yeah, I mean, just kind of what we were talking about, it's like supply is dwindling.
There does come a point, I think, where we gap up.
I think it's soon, especially as these, it seems like more and more Bitcoin treasury companies.
I was just listening to the show this morning before hopping on here where, you know, you're going to have like a big name Bitcoin treasury company in every market because every market is slightly different.
(31:37):
And the ability to kind of finagle each individual market, it takes a specialty.
And so the people living in those places, you're going to have these specialists that understand those markets better than the Americans.
And so right now you've got the Brazilians kind of waking up and figuring out what's the best way to play their market with a Bitcoin treasury strategy.
(32:03):
UK is doing the same thing. We know MetaPlanet in Japan.
We know, you know, so with any of these things, you're popping up more and more.
And then behind them in the shadows is also the state. So if the state wants to kind of, you know, have a Bitcoin treasury in a in a subtle way, they can funnel it through their their main Bitcoin treasury companies that are public companies on their in their country.
(32:32):
So, yeah, I see. I think we're going to gap up really soon. I think the second half of this month and August are going to be awesome.
And then it becomes after that, in my mind, it really becomes.
What does anything break? Because once we hit a gap up to like 200 K in a relatively short time frame.
(32:55):
you know, alarm bells are going to be going off, uh, from the rest of the world that isn't
allocated to this thing. And they think, okay, this, this might, they might actually have
something that everybody's kind of still been shrugging it off and saying it's not, it's nothing.
But, um, yeah, I think we're, we're very close to that point. And, uh, then it, then the question
(33:18):
is, does something break? Do countries step in and try to slow it down? Like we kind of saw with
operational warp speed? Do some of the CBDs get let out and the stable coins to try to quell the
insatiable thirst for Bitcoin? I don't know. So who knows how high we go, but there is a scenario
(33:39):
where it gaps up, it breaks stuff, and then it keeps gapping up. I think that's possible,
but I think that we're not quite there yet because not enough people are allocated
in the top 1% of the planet that they don't want that train to run away quite yet.
Hunter, I got you on stage.
(34:00):
What's up, brother?
Hey, Hunter, before you go, can you guys hear me?
Okay.
Yeah, we got you.
All right, I'm back from orbit.
Go ahead, Hunter.
Thanks.
Hey, quick mic check.
I'm on a new headset here.
Can you guys hear me?
Am I coming in okay?
Loud and clear, brother.
Cool, cool.
Yeah.
Yeah, man, I've got to be honest, I'm feeling a little black-filled this morning.
(34:22):
I shared a tweet that I came across and kind of related to the whole Epstein thing that DOJ is saying,
there's nothing there and there's no client list and all that crap.
Then it tied into kind of a lot of the empty promises the Trump administration has been making
and this idea that this SBR is not going to go anywhere.
It doesn't make any sense when you're the king with the dollar.
(34:45):
Why would you even try to bring up Bitcoin when it's in competition with the dollar?
I don't know.
If you guys get a chance, check out that tweet.
It's kind of a longer one, but it's definitely got me down.
I don't know why I thought the United States would want to pump Bitcoin anyways.
It just doesn't make sense when it's going to compete with the dollar.
But I don't know.
I don't want to know what your thoughts are on that.
(35:07):
I agree.
Bad situation for the U.S. as far as hegemony.
Yeah, I mean, I have two minds about it.
You know, I think that these people, more than anything, want to make more money and have more power.
(35:34):
The Epstein stuff is, you know, the incentive behind that is that they want to keep their power and they're all pedophiles.
and generally scummy people, and that's the way that they keep their power.
But to me, a Bitcoin, in their minds, I think they might have the hubris to think that they can
(35:58):
finagle the situation and increase their power with a Bitcoin strategy.
As long as they're allocated properly, they can bump their own bags with the printer.
um so i think that that's still in play now whether that's good or not whether you know
they're able to steal it on their way out the door or um when they get caught and uh or there's
(36:23):
you know there's a bunch of different scenarios but um i still think the the reserves in play we
got uh the market structure bill coming in like two weeks and we're gonna have a big you know
you know, whatever crypto week or whatever it is.
We'll see where we're at in a couple of weeks.
But I think they're the incentives are kind of the same for both scenarios.
(36:49):
It's like they want to remain power.
They want to grow their power.
And the Epstein stuff was a way that they can cover things up and maintain their power.
And then a Bitcoin strategy, I think in their mind, is going to be a way that they can grow power.
and codify their, if they understand it and they play it right,
(37:11):
they could codify their power for like the next 500 years
if they fully allocate and do that.
But who knows?
Yeah, it doesn't feel like Trump really truly understands Bitcoin.
You know, I think that if this, I don't think they really,
They don't want the true Bitcoin adoption and revolution to happen.
(37:35):
And I think if it's going to happen, it's going to happen with the smaller countries first from the ground up, not the top of the pyramid down, but the bottom up.
I think that Trump's just accumulating Bitcoin as an insurance policy so that the other superpowers get a bunch of it.
They want to have some of that network, too.
So I don't think he truly understands it.
I think he's still dollar-centric, dollar mindset.
(37:56):
and I just, I think the revolution is going to happen from the bottom up.
Other countries are going to adopt it and we're going to be late to the party if we don't get our act straight.
Yeah, those are good points.
I wonder, like, it gets me thinking, like, some of the comments Texas Toast made,
now what you're saying, Hunter, just going back to this core weave buying out core scientific,
(38:17):
you know, there's really still this race for energy, right?
And so wouldn't the attack, like one of the attacks be to have these AI companies who need power, wouldn't it be, wouldn't it make sense for them to acquire Bitcoin companies who have lots of power that they're using for Bitcoin mining and just say, hey, we're transitioning this over to AI.
(38:49):
And depending on the policies of some of the government officials, you know, that could go that way.
Curious to hear your guys' thoughts on that.
Yeah, I think they're going to need a lot more electricity, especially with both of those industries are such a dominant need for electricity.
(39:14):
So I remember when they were campaigning, they were talking about how much more electricity they're going to need to be produced in the United States.
So, yeah, if they can get that role, and that's going to be huge for the future, whether it's an AI future or a Bitcoin future.
We're going to have to have electricity dominance and not be reliant on other countries for that.
(39:38):
I also want to welcome to the stage, Quinn Icarus. What's up?
Hey, what's up?
I was going to make a comment to something that you guys said like three minutes ago,
but unfortunately I totally forgot.
So I'll step down.
Apologies.
Feel free to stay up.
I had something to say.
Go ahead, BFP.
It's nice to hear your voice, Coyne Icarus.
(40:01):
I hadn't heard you in a while since the morning space went down,
but I had something to say about the Epstein that Hunter brought up.
But to me, it doesn't make any sense because there's got to be somebody with integrity within the inner circles.
(40:22):
And to get me to go along with this whole plan, there's just nothing in the world that would keep my mouth shut if I was in that inner circle.
There's a little just, there's too much integrity in my body to let pedophiles get away with raping young ladies and boys.
(40:45):
I mean, who knows what went on over there, but I know something did.
And I think it's just they're holding knowledge or information over people's head, and it's all strategic.
But it's really disheartening to think that the people in power are hanging on to that.
It's sickening, really.
(41:06):
I agree, especially the thought of, like, Dan Bongino and Cash Patel and all these people being compromised.
Like, I don't know if I was naive, but when I heard they were announced as being part of the cabinet,
I got excited because these were people I had, you know, been covering,
and they were real loud about, you know, what they would do if they were in those positions.
And now they're in those positions, and it's like they're just playing ball.
(41:27):
with the same script as they all have.
Exactly.
And it's really, man, it just demoralizes you because it's like your heroes are dying.
Not that they were my heroes.
You know, I like, it's like if Ron Paul was in there and all of a sudden he's like pro the Fed.
It's like, what?
What is going on?
You know?
Yeah, like if Massey just suddenly flipped.
It's like they're gaslighting us too.
(41:48):
Like, oh, there's no list.
Okay.
Case closed.
No list.
So stupid.
It's maddening.
it is it's rage basically it's so ridiculous and the fact that that 11 hour footage had a minute
missing out of it i mean what are we to say to that like of course we think there's foul play
if we're going to cut a minute out of it they're not stupid do you think that just like slipped
(42:10):
through that that one minute cut like we weren't going to catch it this is this is just getting
ridiculous right without even an explanation at the you know at the outset of that is is is more
than anything. It's like, that says it all. Because if you had an explanation, you know
everybody's going to see this missing minute. And, you know, you at least come up with something,
(42:33):
but do not say anything. It's almost like a tell that they're like, QAnon is in control.
Don't worry, guys. Patriots are in control. Q is, that was left out on purpose, and they didn't
make a comment on purpose so that you would know that something's up and Patriots are in the
background and they're going to make things happen. And the rest of the people, it's like,
(42:55):
no, I don't think they have the power yet. Enough good people don't have any power
yet right now. I think Bitcoin helps with that in some ways, but it's the same power dynamics
that have been in this country since the Federal Reserve was enacted. Andrew Jackson,
(43:19):
you know, everybody's been talking about this for the history of our founding and the
adverse incentives and kind of the power that the central bank and the money printer has you know kind of just trumps everything else So until that gets fixed you not going to see any of these other good fruits come out of a poisonous tree
(43:52):
I want to say good morning to Tao. Tao, how are you, sir?
Hey, good morning, guys.
I assume you guys are talking about the Epstein list.
And my question to that is, even if they release the list, how do we know that it hasn't been doctored or it was fake?
(44:13):
It's almost as if there needs to be another verification on top of that.
I mean, these days with AI being so good and generating videos as well as photographs,
it's like it's kind of scary because now you don't know what's real what's fake and then let's let's
let's say let's say here's the list and they produce some i don't even know how they're going
(44:37):
to produce it what it's just going to be a excel spreadsheet with the list name or is it like oh
here's the physical pieces of paper that we're taking pictures of like how's that going to come
out and then once you see that how do you know that's real that's the difficult part of all this
I mean, these days it almost has it.
(44:59):
They'll release it, but it'll all be redacted.
Yeah, you know, it's just that, you know, it's so hard, right?
You have to, I guess, have an independent, I don't know, independent investigator or something that you can trust that does their own reporting.
It's almost as if right now when you look at news at a different country, you don't necessarily pay attention to the media, but more of like, hey, someone on the ground that you know personally, that they have no motive to lie to you.
(45:31):
They're telling you.
And then they maybe take pictures and they screenshot and send it to you.
That is absolutely even more reliable and trustworthy than other things.
So that's one of the things that –
And Tao, I think what we're looking for is just steps in the right direction.
Everything is just misdirection.
And, you know, yeah, you're right.
(45:52):
If something comes out, how do we know if it's real?
Well, you get a general sense and you kind of get a feeling is all you really have at this point because of all the AI BS and stuff.
But people, when you see the truth, you know it.
You know, that's the one good thing about the truth.
When somebody speaks the truth wholeheartedly, it sticks out, especially in this world of nonsense.
(46:19):
So that's what we're looking for, any type of semblance of truth or step in the right direction from these clowns.
But yeah, I see your point. It's a good point.
Yeah, no, I mean, it also is up to the individual to be able to sort of discern what is real, what's not as well.
I mean, it's kind of like both ends, right?
(46:40):
So if you have a lot of evidence, people speaking out, documentation, pictures, videos, you wrap all that up.
And then, you know, everybody has their own perspective of that.
And they analyze all that.
And then they'll come up with their own sort of percentage, whether they believe, yeah, it's probably true based on all of these things, high probability or low probability, things like that.
(47:08):
So, yeah, it's funny.
how these things are just coming up.
I think that speaks to the importance of platforms and protocols like Nostra, too,
because you're talking about how information can be altered, deep fakes and AI,
but having our information be decentralized and distributed that way
(47:30):
to where it cannot be manipulated,
I think that's going to be super important and valuable in the future.
Yeah, I mean, one of the big things that I kind of noticed out of this
that is, you know, a good thing and a bad thing is, you know, with J.D. Vance and some of these
Cash Patel and some of these other guys that have made tweets specifically about the Epstein list.
(47:54):
It's like now we have this record and we're able to go back and say like, yo, you said this,
you know, four years ago. Granted, you weren't in power yet and you were just,
were you just trying to get into power so that you could do the same thing?
Or are you, are you different? And if you're not, then why am I continuing to vote for you?
(48:17):
And with, with X and with, with Twitter, it's like, that can be deleted. Yeah, there's some like,
people out there that are, that are, you know, documenting tweets, even if they're deleted.
but you know, that's, that's not as, as consistent and it's not going to get the reach
(48:39):
that you have with kind of this, this hard ledger of, of people's tweets that can't be deleted.
So I like that aspect of Nostra where, where it's, it's permanent. You put something out there,
it's, it's there. And until I don't even know the inner workings of it, but you can host
(49:02):
you know, your own server that, that guarantees that, that your copy or your, your account,
your words kind of stand the test of time. Um, so that to me, that's it, that's a huge bonus.
And we did with something like Noster, we don't have to worry about, um, kind of revisionist
history. Uh, we can see it's like, it's like reading an old book, um, and, and seeing kind
(49:26):
of how it was actually written about back then and not have to, you know, worry about anything
else but what's up jimmy we got you there well i've been listening in and out i've been real
busy getting this guy out of here to go get water and redoing a cement pour tomorrow but it's glad
i'm glad to hear that you guys are you know typical bitcoiners and don't trust uh after what i've seen
(49:47):
of the government i don't trust any side i'm sorry i don't i don't i the people say it's all the
dims bullshit that's impossible the republicans are such a part of it congress is so corrupted
It is disgusting. The fact that you can marry your brother, you can lie on federal forms, which is, you know, absolutely.
And still be in Congress. Mind blowing. You know, they're not cleaning up anything.
(50:08):
They're they're fucking around. It's like a PSYOP. It's like, you know, let's feed us the crowd some information.
Let's play our circuses. Let's have our, you know, like the Coliseum.
And, you know, they do these little battles, but nothing ever happens.
So, yeah, I'm pretty disappointed in the U.S. government.
But honestly, I'm disappointed in the Mexican government because the president today is, you know, she's weff all the way.
She's now showing it. She's coming up with a plan to do digital ID and do all this.
(50:31):
But most Mexicans are just like, really? Like, good luck with that. We'll see.
But, you know, keep your head on a swivel. Just don't trust anything. It's just anywhere.
I mean, I don't know a government in the world you can trust today.
They all seem to be in on this. And it's been going on a long time, a lot longer than I thought.
and I follow data Republican pretty closely
and it's really sad to see some of the stuff
(50:53):
that's being discovered.
Like they're indoctrinating children.
The Teachers Association is literally telling them
to use the word fascist whenever they refer to Trump.
I mean, you're teaching your children almost treason.
This is insane.
And yet that's the National Union for Teachers
or something that came out with this
and there's a ton of this shit.
So yeah, I'm just, I'm not like,
(51:13):
you don't want to be real negative,
but it's hard not to be.
But at the same time, shit has to fall apart.
So that's what's happening. They're not doing it. And yet I don't think people are going to tolerate it.
I think people are going to wake up. They are waking up to the fact that why is Maxwell in jail when there's no list, no clients?
We all know it's bullshit. We know that Gates is on there. We know that I don't think Trump was.
(51:34):
And the only reason I don't think Trump is is because the Democrats would have brought that up a long time ago.
I don't think that's the reason. I think it's more because he's a Mossad agent.
And I don't think he's dead, honestly. So I could go on for hours about what I believe in that government.
I could tell you things that I learned when I was a young man about our government.
And it was very dishonest.
The CIA, the DEA, it's bullshit.
And it's been going on much longer than I thought.
(51:55):
So just keep that in mind and keep Bitcoin in because I do believe there's a way to live on a parallel as this whole system crashes.
And it's not just the money.
It's the whole society.
It's, you know, it's weak times.
There's soft times and soft people.
It's going to get hard.
So hang in there.
And, yeah, I just hope you guys have an awesome week and, you know, stay positive and work locally.
(52:20):
It's what you can do, you know, deal with what you can and don't get too caught up in it.
I listen to this stuff, but, you know, I do get upset at the same time.
I just go back to go plant some trees. I feel much better. So have an awesome day.
Yeah, I mean, that's, you know, it's like the quintessential one of the quintessential points of being an American is like not trusting the government.
(52:41):
It's kind of how how the whole thing started.
But it kind of goes even further in today's digital age with kind of the Bitcoin ethos have kind of picked up that mantle with don't trust verify.
You really can't trust anything except for God.
And if you can't verify, you can't trust it.
(53:04):
You can you can verify Bitcoin and look at it.
It's open source.
Noster, same way.
you know, other protocols, like you can trust code if you can verify it.
But without that transparency and accountability, you shouldn't trust anybody or any company
(53:26):
or any government until they really prove their worth to you.
And even then, it's like you have to take this mindset that the left has had for a long
time of, okay, thank you.
That was good, but it's not enough.
More.
Give me more.
and make these people work for us.
(53:46):
And I think that model becomes more and more powerful
on a sovereign Bitcoin standard for individuals and companies.
They'll be able to exercise the power of their money.
As time progresses, they can use that for more open source, transparent projects.
(54:10):
That's kind of the long-term hopeful outlook is that, you know, we can kind of shape the world to what we want it to be.
So I agree.
It's not like something – it's easy to get bogged down.
And a lot of people are going to be misled.
They're going to be it's very convenient to me in my mind that now we have Elon, you know, as our new controlled opposition that just happens to come about right as right as all this is happening.
(54:44):
So that, you know, you can say, oh, well, the Republicans are bad and the Democrats are bad.
And so I'll just do this. This one, he says that he's going to fix it.
And so I'm going to get all riled up behind him and he's going to save the world.
And it's like, you guys are falling for the same trick over and over again.
They don't like you.
(55:05):
It's a big club.
You're not in it.
You have no power.
All you hold is dollars that they print.
And not you guys, but generally speaking.
And until that changes, until you can exercise, you know, the real power of your labor in your capital, then I don't think it's going to change.
(55:29):
Well, and I'm just going to say I agree with you with Noster and making use of Rumble and, you know, keeping an eye on your stuff and backing it up to servers.
I'm bummed out only because Starlink works so damn well and there's only one Starlink.
That's my weakest link.
You know, it's like I've got to go to ham radio or what satellites are working these days other than Elon's.
He's taken over the business and it's fantastic.
(55:51):
It works so well, but it sucks that it's only one company all over the world.
You'll get your Chinese Huawei competitor within the next decade.
So just hang in there.
I saw something about them powering up their solar farm that's going to microwave energy down to...
(56:12):
I don't know.
There's some crazy shit is on the horizon.
Space is kind of one of these new things that Star Wars is becoming real now that it's somewhat viable.
and the technology's there to actually make it profitable.
I think it'll be perpetuated, but there'll be competitors.
(56:35):
It's just going to take a while.
Yeah, my luck with Starlink so far today has not been good,
but appreciate you guys dealing with that.
But do want to thank everybody for coming up.
We're going to end the show there.
We do this every weekday, 10 a.m. Eastern.
Really appreciate you guys.
If you do need help on your Bitcoin journey, please visit BitcoinVeterans.org and throw your information in there.
(57:00):
We will get you plugged in with resources and education on your Bitcoin journey.
Do appreciate everybody who came up on stage.
Texas Toast for co-hosting and saving me.
Hunter, always good to hear you.
Tao Jimmy, whoever else I missed that drop down.
(57:21):
CoinIcarus, I think, was up here.
a couple other people, but yeah, hope to hear from you guys again tomorrow and make it a
great Tuesday.
And lastly, remember not to shit coin.
It's like fertilizing your lawn and then eating your grass.
(57:41):
people
use
fiat
currency
as a store
of value
we call them
we call them
we call them
we call them
Thank you.
(00:30):
All right, good morning, everybody.
Sorry for the, I'm actually using Starlink this morning, giving it a shot and probably
heard some missteps on the audio.
(00:50):
Once again, want to thank Lord Elon for X-Faces and Starlink, but good morning to everybody.
Thank you.
(01:30):
If you guys want to come up, we'd love to have some new voices.
Looks like we have BFP and a couple others.
But let's look at the stats here while people file in.
So today is Tuesday, July 8th, 2025.
And we are sitting at Bitcoin block height number 904,603.
(01:52):
The last block hasn't been found for 45 minutes.
A little bit of an anomaly there.
But the Bitcoin price is sitting just above $109,000.
Just as a reminder, you can still pick up around 916 sats for each U.S. dollar.
(02:13):
Has joined me up here.
BFP, how are you doing this morning, sir?
I am well. How's it going, Bob?
Nice to be here.
We'll see with this Starlink stuff going.
I'm trying a new connection and so far not so good.
But we'll see how this goes.
Texas Toast, thanks for joining me as the co-host.
How are you doing this morning?
(02:35):
It's good, dude.
Yeah, I guess it's, you know, you're centralizing your data input.
You got X straight to Starlink.
It's streamlined.
It's clean.
I like it.
They get all the data.
Yeah, I'm waiting on my Starlink antenna that I can embed into my arm so we can further integrate these amazing systems that we have created.
(03:05):
But thanks for thanks for coming up.
And a reminder to everyone in the audience, if you'd like to participate in the discussion, love to have you up.
Just hit that little microphone button in the bottom left.
if you can't talk or are too shy, because I guess the stat is around 90% of people are too shy to
(03:25):
come up on stage. You can use that little comment box in the bottom right. It's the purple pill.
Click on that. You'll still stay connected to the space and you can type a reply and you can also
share the space right down there as well. So do that to help us out and reach as many people.
and I say that every morning. So if you're sick of hearing it, too bad. But yeah, it is Tuesday
(03:51):
and there is a lot of stuff going on. A lot of things we haven't covered over the last couple
of weeks that we could bring up. But we have continued consolidation in, it looks like
Bitcoin minor core scientific was scooped up. We can talk about that by an AI firm.
(04:14):
BlackRock has surged past 700,000 Bitcoin, along with MicroStrategy or Strategy not purchasing this last year.
We have Celsius Network News.
We have a new Layer 2 that we haven't talked about over the last couple of weeks that launched last week.
(04:36):
So lots of different topics and would love to kick those around with you guys.
I think we're going to let BFP
if you're walking your dog
where would you like to start sir
anything on your mind this morning?
Nothing much
I was just saying goodbye to my wife
(04:59):
she was heading off to the fiat mines
but nothing I can think of offhand
all right swing and a miss my apologies man my mind was somewhere else
no i mean in these spaces maybe we start out with this core wave news
(05:22):
and uh core scientific um maybe they just liked each other because they were named
core something uh but
$9 billion deal, it sounds like.
(05:47):
AI firm CoreWeave is acquiring Bitcoin miner, CoreSign.
BFP, do you hear Bob?
He's cutting in and out.
Are you hearing him?
No, he's the same thing.
I just wanted to make sure.
that Starlink
(06:08):
every time it's transitioning
to a new satellite it's just
nothing
that sucks
it's all good but yeah I know a little bit about
this
you know I've been
following some of the Bitcoin miners for a while
(06:28):
you know
there's a couple
the main mode of thought
is that
They have access to, you know, data center infrastructure and power deals that AI companies want.
And, you know, there's some thought that there's an ease of integration into a Bitcoin mining stack.
(06:54):
but uh that's kind of i think remains to be seen if you know how efficient or inefficient it would
be to um to kind of integrate ai into your stack or if it's purely just about like the power deals
and um and the infrastructure or the basic infrastructure that's set out um it's gonna
(07:18):
To me, it's like I have this weird theory about or I think one of the one of the fun theories to think about is how like Bitcoin miners and Bitcoin in general was really needed to incentivize power across the planet.
And that actually is kind of the the prequel to to this AI world that we're we're kind of starting to get into.
(07:46):
Oh, I see Bob's requesting one second.
But it's pretty cool to see it kind of play out in that way.
And it seems like more and more of these AI, big AI people that are trying to, you know, increase their server capacity.
(08:09):
They're having a hard time.
They want it now.
The Bitcoin miners have the facilities now.
So I would kind of foresee more mergers and acquisitions in this space and more integration with Bitcoin mining to kind of smooth out their business models and cash flows and then provide for a more stable, especially United States market.
(08:37):
It'll be weird to see or it'll be interesting to see if it plays out the way some people think it is going to.
Then the Bitcoin miners, you know, kind of they're always just cheapest energy is at the end of the day.
Cheapest energy for the longest amount of time is the main thing you need to be a Bitcoin miner.
(09:01):
With AI, that's not necessarily the case.
Like that's a bonus, but there's some other different things to think about there as well.
You can't have the curtailment.
You need those AI data centers to be pretty much have 100% uptime.
So there's, you know, less flex for the grid.
(09:22):
And so who knows, maybe they can join them together and kind of create a more stable business model for some of the Bitcoin miners.
But it's cool to see all of them start waking up and get the price action I think they deserve in the market.
Because I don't think a lot of them have been priced accordingly, especially as we enter a parabolic phase of the bull market.
(09:48):
Usually those are last cycle.
Those things that the miners were, you know, like a really big beta source.
So they ran a lot harder.
But then they crashed a lot harder.
So we'll see where it goes
I think it's going to be a good way
For these big conglomerates to jump
(10:08):
Into the game with both feet
Scooping up these mining companies
You know, just with a
Splash of their big balance sheet
And I think that's where we're heading
With this Bitcoin treasury movement
Because eventually it's just going to be
How much Bitcoin do you have on your balance sheet?
(10:29):
Yeah
Yeah, I agree. And even further down the line, it's like, do these AI data centers kind of outcompete the Bitcoin miners, the Bitcoin miners move to cheaper energy infrastructure in third world areas or anything like that?
I don't know if that remains to be seen. I still think we're going to get some destabilization across the world in the medium term.
(10:57):
So I think the United States will maintain an outsized influence of Bitcoin mining.
But, you know, all it takes is is one of these, you know, more dictatorial states that has, you know, that's got an orange build a state like Russia or China with vast communist power generation infrastructure that is essentially controlled by the state.
(11:24):
If they if they want to, if they choose to do so, they could offer, you know, the cheapest rates of power and subsidize it that way.
And you could really see an outflow of Bitcoin mining if there's good deals in that.
Now, you know, it kind of goes against the whole model of Bitcoin, kind of goes against the Chinese model of CBDC and total communist state control.
(11:48):
But, you know, we'll just have to see if they kind of try to catch the horse as it's running and see the light.
So it's a game.
Yeah, to that point.
Do we have you back?
Yeah, I think I missed most of the comments, but so forgive me if I were just ruffing.
(12:10):
Awesome. No, that's exactly what was needed there.
The satellites were aligning.
So here we are now back.
Hopefully you guys can hear me.
But, you know, on this news, I do think it's interesting that Russia has been making this push.
I think we announced this a couple of weeks ago as one of our topics, but Russia, among other countries, is making all of their Bitcoin miners register.
(12:42):
And they have a special registration system.
And I think to your earlier point, Texas Toast, that they have, you know, the way their power is set up, the way their power generation is set up.
it would make sense that they would want to know where all that power is going.
And so if you're mining these assets, they would want to know what, again, where that power is going.
(13:10):
So I wonder if you see any correlation there.
Yeah, I mean, at the end of the day, once they kind of figure out the game, which is going to be a Bitcoin treasury, they're going to want to cut.
You know, that's going to be their incentive is to, you know, attract as much Bitcoin mining as possible and take a cut from it and build their treasury.
(13:35):
I mean, it's a form of tax. They will absolutely do that if they don't own the whole thing outright.
They'll definitely incentivize it, or they should at least, in order to acquire the scarce asset that is Bitcoin.
So and then and then there's the side benefit of also being able to mine blocks and ensure that your transactions can be processed through the network.
(14:05):
So, you know, there's incentives on a couple of different fronts.
And, you know, as Bitcoiners, I think we see incentives more than anything.
People are just they're going to they're going to follow their incentives.
And I see a huge incentive for states adopting a big Bitcoin mining and Bitcoin treasury strategy.
(14:28):
Yeah go ahead BFP I was going to say they quickly nationalize any of these big mining companies when they see how valuable this business is because nation states have no idea because it kind of like the juxtaposed
(14:52):
So it takes away their power or control of the people at the same time, you know, by making their fiat currency less valuable and Bitcoin more valuable.
But it's hard for government people to see that.
So as they figure it out, I think they'll nationalize, which ain't going to bode well for them anyway.
(15:17):
Yeah, at least in the short term, I think they're going to have to pass laws to not allow foreign-owned entities to acquire, you know, acquire at least U.S. minors.
Because, you know, obviously we see there's some sort of race on whether these different governments, including our own, actually understand it or not remains to be seen.
(15:45):
But I do think they'll have to put things in place to, you know, make it so that we don't have other countries or companies domiciled in other countries taking over large Bitcoin mining operations.
But again, we'll have to see.
Along these lines, guys, there was news out that Bitcoin miner BitDigital dumped all of its Bitcoin for an Ethereum treasury.
(16:14):
And so, again, this is one of those things where I have trouble not laughing while I say this news, but wanted to get your reaction to that since this is part of maybe this topic with mining.
Dude, Ethereum is the oil and Bitcoin is the gold and Cardano is what exactly?
(16:35):
Yeah, it's all just like scam.
They want to be the first at something.
Usually the first at something, even if it's a shitty idea, can trick enough people to, you know, to invest in it because it sounds novel and people want to be a part of the new hot thing.
(16:55):
And then people are kind of seeing that they might be behind the boat with Bitcoin.
So now they're going to come out with all this other bullshit treasury strategies.
and yeah I mean
they're going to have fun staying
poor they're going to fuck around and find out
and Bitcoin
will teach them
either shortly or over
(17:16):
the long term
Yeah BFP any thoughts on this
ditching
BTC for Ethereum
Yeah trash coins in general
you know people are
valuing them because they see the world through the lens of the U.S. dollar, they have to shift
(17:37):
their paradigm and see if they just pull up charts of BTC as the base layer money that you're valuing
these other trash coins in or altcoins or other names I won't mention for these coins, you'll
you'll get a much better read on how it's trending to zero over the long term with Bitcoin as your base layer.
(18:06):
So Ethereum is just the top dog of all the trash coins, although you could argue Doge is.
And I mean, max supply. I mean, how hard is it to figure out there's no maximum supply of these things?
So that makes it easy to debase.
(18:27):
It's just printing another fiat currency.
It's kind of ridiculous how people don't see it, but what are you going to do?
I think you hit on something really important.
What are you denominating your value in?
Better said that way.
Yep.
And so that's one thing.
And then the other thing it makes me think of is, you know, these guys have a fiduciary responsibility to shareholders.
(18:53):
And, man, I can just see lawsuits when this doesn't end well for the C-suite.
You know, if you ever wanted to take a risk on something, I don't think that this is it.
But clearly, again, I think you pointed out the big mistake here, which is what are you denominating in?
And if their shareholders are all denominating in dollars, then maybe they'll get away with it.
(19:20):
So I do think it's crazy, though, that you expend all of this energy into literal energy and then CapEx for all the facilities, any infrastructure to mine Bitcoin.
And so you get this pristine asset and you have it on your balance sheet and you say, well, I know we're.
(19:47):
I think you cut out.
And we lost it for a second.
But yeah, that that guy, I think he's in charge of Cardano or something.
He.
Yeah, he.
it's just evident now he's trying to swap out some of his trash coins for a whole big pile of
(20:13):
bitcoin so even the even the scammers are you know showing their cards now so it's
just sad i saw the latest thing one of the things this morning i have no idea if it's real or not but
um he was interviewed on the sean ryan show uh podcast he was talking about how really bukele
(20:33):
wanted to do a uh he wanted to run on cardano instead of bitcoin but you know he didn't he
he didn't want to airdrop uh the cardano tokens to ms13 so he decided against the whole whole thing
it's like our i really hope bukele comes out this is like this guy is a freaking scammer um we never
(20:59):
talked about this or wanted to do it. It was never a serious
conversation. I basically entertained this guy
because he fucked the shit out of me.
I don't think it probably went
and he's just making up most of the stuff in his head, but
it's crazy. It's like these guys are all going to find out.
(21:23):
The quintessential guy is Richard Hart. I don't know if anyone remembers
him, but he would buy all these Louis Vuittons and look like a clown.
Dude, what happened to him?
I think they tried arresting him.
Yeah, I don't know what happened.
I think the feds went after him or Interpol or someone in the watchdog group,
(21:50):
like Big Out Roger Ver.
I don't know.
Something happened to him.
Someone wanted him.
And he disappeared off the map.
He gone.
Yeah.
Yeah, and I think that's going to be the way a lot of, you know, it's the same thing, another cycle.
People say cycle theory is dead.
(22:11):
I'm not so sure.
I think it's just kind of, it has transformed.
It's not the same as the last cycle.
Yeah.
It's a different flavor.
But because of how Bitcoin is and how important the halving is and the supply issuance, I do not see the cycle completely ending.
(22:31):
I just think it's kind of morphing.
Yes, morphing is exact.
I was thinking analogous to the flu.
It morphs so you can never actually make a vaccine because you're – not to get into that, but you're predicting the future.
Yeah, and we're never going to predict the cycle.
(22:52):
It could be the Bitcoin's treasuries.
It could be a complete...
First he's dropping, now he's muted.
Oh, my bad. I'm muted.
Oh, okay.
I think you got force-muted on accident.
(23:13):
Bob, we got you back with us?
man guys living yeah this is uh starlink is not the way to go but maybe we should
transition a little bit to um blackrock of the announcement that their bitcoin etf has surged
past 700 000 bitcoin and uh just wondered if this changes anything uh in light of like your
(23:40):
guys is you know what you guys are saying about uh the cycles and how this thing has just kind of
transformed or morphed or changed a little bit uh any thoughts on black rock yeah a couple thoughts
the you know there are 700 000 there's 21 million um i kind of foresee a plateauing
(24:06):
There'll be a point where they're not going to get any more big money.
And then it will start to decrease probably till the end of time.
I don't know when that is.
I don't know if that's it.
You know, 2 million, 3 million, what have you.
I kind of think it's somewhere in between one and two.
And then we're going to hit some sort of geopolitical or scare scenario where people want self-custody.
(24:33):
They want the real thing.
you know, maybe DeFi plays out to the point where it's actually more valuable to have Bitcoin in
self-custody than it is to have it at a centralized source or custodian that is offering you these
(24:54):
incentives to do so, I kind of think those positions will be flipped in the long run.
But for now, you know, the ease of loans, some of these perks that come with loading the ETF over self-custody, they'll look attractive and they'll continue to look attractive for a while as the space kind of builds out.
(25:21):
But I think that's not a long-term strategy. Long-term Bitcoin in self-custody is part of the value proposition as a sovereign asset.
And I just think it'll kind of peak somewhere between now and the next five years, I think, and then slowly go down over time.
(25:44):
As people learn more about self-custody, there's easier access to software and hardware.
And the education kind of gets out.
It may be in the incentive model plays out with these other financial products that will be kind of integrated into the Bitcoin network.
(26:08):
I heard that the Bitcoin companies, the treasury companies are sucking up 2x times more than ETF.
I heard that like last week or just the other day.
I don't know if that's true, but that paints a picture of scarcity where the price should be going up a lot faster than it is.
(26:31):
Yeah, and I mean, we're at all time lows on exchanges, I think.
so everybody's just kind of waiting
they see the wave, it's like interstellar
we're on the wave planet, time is going by
what we think is slowly but is actually
insanely fast given your perspective
and there's a giant wave coming
(26:52):
and you better get in the ship
get on board, it's a rocket ship
get on board
the future is, in my opinion
And it's going to be proof of work as far as these companies.
Eventually, either countries or SEC or someone, whoever's involved with, you know, showing your balance sheet, just like eventually you have to show your money somewhere, whether it be dollars or whatever.
(27:22):
You're going to have to show your Bitcoin in these companies because everyone's going to be saying they have these Bitcoins.
and if it's pseudonymously anonymous well who's to say you don't you know just like an individual
but when you're a company i think you're going to have especially a publicly traded company
you're going to have to prove it that's my opinion and that's that could be in the next cycle
(27:46):
well and just you know part of my brain always goes to like i was raised
by a gold bug. My family has been very conservative financially and thought about,
never really trusted the government or the banks specifically. And every time I see
(28:08):
any of these financial institutions that are running BlackRock, whether it be BlackRock or
even a Bitcoin treasury company or anything, it's just like, that's people in between me and my
money. And I hate that. And I think that's inefficient, especially in an age of, you know,
exponential AI growth. And, and, and these, we're kind of breaking down all these barriers of,
(28:34):
you know, email writers and accountants and, and just all these people that are getting a cut
of your money because it's good for you, they say.
And they spin you this story, but to me, that's just,
you know, it doesn't make any sense.
(28:54):
So I'd rather just own Bitcoin, have it in self custody,
let the asset appreciate and the network build out and the financial infrastructure be built out as well And then by the time it actually worth something I be able to spend it the way I want it and
(29:16):
utilize some of these same aspects of the current financial institutions in a more
sovereign way that is really just more efficient.
Bob. Come in, Bob.
(29:36):
Bob is in space. Bob is actually orbiting around the planet right now.
Bob's up in the clouds.
He's trying to. He's got his toolkit out up in the Starlink satellites,
and he's just hitting it with a hammer.
Or he's up on his roof adjusting his antenna.
Come on.
(29:57):
that's gotta be frustrating
I really want him to come back
so that I can go inside and get a Red Bull
and a lip
I guess I'll just have to soldier on
let's see
let me look at some other topics
we got in the
(30:18):
back channel
if anybody else wants to come up please come up
and help me shoot the shit
because
Bob's here, but he's not here.
So,
I need some friends.
Help me, friends.
But until then,
(30:38):
we can talk
to Gen X.
Gen X, get up here, dude.
We got Gen X, we got Turbo.
I know you guys are working, but I'm going to invite you anyway.
If you can't come up, come up.
Funner, just pass it, inviting.
Fill the void.
You think there's a catalyst that you can foresee that might get us above this 112?
(31:08):
Yeah, I mean, just kind of what we were talking about, it's like supply is dwindling.
There does come a point, I think, where we gap up.
I think it's soon, especially as these, it seems like more and more Bitcoin treasury companies.
I was just listening to the show this morning before hopping on here where, you know, you're going to have like a big name Bitcoin treasury company in every market because every market is slightly different.
(31:37):
And the ability to kind of finagle each individual market, it takes a specialty.
And so the people living in those places, you're going to have these specialists that understand those markets better than the Americans.
And so right now you've got the Brazilians kind of waking up and figuring out what's the best way to play their market with a Bitcoin treasury strategy.
(32:03):
UK is doing the same thing. We know MetaPlanet in Japan.
We know, you know, so with any of these things, you're popping up more and more.
And then behind them in the shadows is also the state. So if the state wants to kind of, you know, have a Bitcoin treasury in a in a subtle way, they can funnel it through their their main Bitcoin treasury companies that are public companies on their in their country.
(32:32):
So, yeah, I see. I think we're going to gap up really soon. I think the second half of this month and August are going to be awesome.
And then it becomes after that, in my mind, it really becomes.
What does anything break? Because once we hit a gap up to like 200 K in a relatively short time frame.
(32:55):
you know, alarm bells are going to be going off, uh, from the rest of the world that isn't
allocated to this thing. And they think, okay, this, this might, they might actually have
something that everybody's kind of still been shrugging it off and saying it's not, it's nothing.
But, um, yeah, I think we're, we're very close to that point. And, uh, then it, then the question
(33:18):
is, does something break? Do countries step in and try to slow it down? Like we kind of saw with
operational warp speed? Do some of the CBDs get let out and the stable coins to try to quell the
insatiable thirst for Bitcoin? I don't know. So who knows how high we go, but there is a scenario
(33:39):
where it gaps up, it breaks stuff, and then it keeps gapping up. I think that's possible,
but I think that we're not quite there yet because not enough people are allocated
in the top 1% of the planet that they don't want that train to run away quite yet.
Hunter, I got you on stage.
(34:00):
What's up, brother?
Hey, Hunter, before you go, can you guys hear me?
Okay.
Yeah, we got you.
All right, I'm back from orbit.
Go ahead, Hunter.
Thanks.
Hey, quick mic check.
I'm on a new headset here.
Can you guys hear me?
Am I coming in okay?
Loud and clear, brother.
Cool, cool.
Yeah.
Yeah, man, I've got to be honest, I'm feeling a little black-filled this morning.
(34:22):
I shared a tweet that I came across and kind of related to the whole Epstein thing that DOJ is saying,
there's nothing there and there's no client list and all that crap.
Then it tied into kind of a lot of the empty promises the Trump administration has been making
and this idea that this SBR is not going to go anywhere.
It doesn't make any sense when you're the king with the dollar.
(34:45):
Why would you even try to bring up Bitcoin when it's in competition with the dollar?
I don't know.
If you guys get a chance, check out that tweet.
It's kind of a longer one, but it's definitely got me down.
I don't know why I thought the United States would want to pump Bitcoin anyways.
It just doesn't make sense when it's going to compete with the dollar.
But I don't know.
I don't want to know what your thoughts are on that.
(35:07):
I agree.
Bad situation for the U.S. as far as hegemony.
Yeah, I mean, I have two minds about it.
You know, I think that these people, more than anything, want to make more money and have more power.
(35:34):
The Epstein stuff is, you know, the incentive behind that is that they want to keep their power and they're all pedophiles.
and generally scummy people, and that's the way that they keep their power.
But to me, a Bitcoin, in their minds, I think they might have the hubris to think that they can
(35:58):
finagle the situation and increase their power with a Bitcoin strategy.
As long as they're allocated properly, they can bump their own bags with the printer.
um so i think that that's still in play now whether that's good or not whether you know
they're able to steal it on their way out the door or um when they get caught and uh or there's
(36:23):
you know there's a bunch of different scenarios but um i still think the the reserves in play we
got uh the market structure bill coming in like two weeks and we're gonna have a big you know
you know, whatever crypto week or whatever it is.
We'll see where we're at in a couple of weeks.
But I think they're the incentives are kind of the same for both scenarios.
(36:49):
It's like they want to remain power.
They want to grow their power.
And the Epstein stuff was a way that they can cover things up and maintain their power.
And then a Bitcoin strategy, I think in their mind, is going to be a way that they can grow power.
and codify their, if they understand it and they play it right,
(37:11):
they could codify their power for like the next 500 years
if they fully allocate and do that.
But who knows?
Yeah, it doesn't feel like Trump really truly understands Bitcoin.
You know, I think that if this, I don't think they really,
They don't want the true Bitcoin adoption and revolution to happen.
(37:35):
And I think if it's going to happen, it's going to happen with the smaller countries first from the ground up, not the top of the pyramid down, but the bottom up.
I think that Trump's just accumulating Bitcoin as an insurance policy so that the other superpowers get a bunch of it.
They want to have some of that network, too.
So I don't think he truly understands it.
I think he's still dollar-centric, dollar mindset.
(37:56):
and I just, I think the revolution is going to happen from the bottom up.
Other countries are going to adopt it and we're going to be late to the party if we don't get our act straight.
Yeah, those are good points.
I wonder, like, it gets me thinking, like, some of the comments Texas Toast made,
now what you're saying, Hunter, just going back to this core weave buying out core scientific,
(38:17):
you know, there's really still this race for energy, right?
And so wouldn't the attack, like one of the attacks be to have these AI companies who need power, wouldn't it be, wouldn't it make sense for them to acquire Bitcoin companies who have lots of power that they're using for Bitcoin mining and just say, hey, we're transitioning this over to AI.
(38:49):
And depending on the policies of some of the government officials, you know, that could go that way.
Curious to hear your guys' thoughts on that.
Yeah, I think they're going to need a lot more electricity, especially with both of those industries are such a dominant need for electricity.
(39:14):
So I remember when they were campaigning, they were talking about how much more electricity they're going to need to be produced in the United States.
So, yeah, if they can get that role, and that's going to be huge for the future, whether it's an AI future or a Bitcoin future.
We're going to have to have electricity dominance and not be reliant on other countries for that.
(39:38):
I also want to welcome to the stage, Quinn Icarus. What's up?
Hey, what's up?
I was going to make a comment to something that you guys said like three minutes ago,
but unfortunately I totally forgot.
So I'll step down.
Apologies.
Feel free to stay up.
I had something to say.
Go ahead, BFP.
It's nice to hear your voice, Coyne Icarus.
(40:01):
I hadn't heard you in a while since the morning space went down,
but I had something to say about the Epstein that Hunter brought up.
But to me, it doesn't make any sense because there's got to be somebody with integrity within the inner circles.
(40:22):
And to get me to go along with this whole plan, there's just nothing in the world that would keep my mouth shut if I was in that inner circle.
There's a little just, there's too much integrity in my body to let pedophiles get away with raping young ladies and boys.
(40:45):
I mean, who knows what went on over there, but I know something did.
And I think it's just they're holding knowledge or information over people's head, and it's all strategic.
But it's really disheartening to think that the people in power are hanging on to that.
It's sickening, really.
(41:06):
I agree, especially the thought of, like, Dan Bongino and Cash Patel and all these people being compromised.
Like, I don't know if I was naive, but when I heard they were announced as being part of the cabinet,
I got excited because these were people I had, you know, been covering,
and they were real loud about, you know, what they would do if they were in those positions.
And now they're in those positions, and it's like they're just playing ball.
(41:27):
with the same script as they all have.
Exactly.
And it's really, man, it just demoralizes you because it's like your heroes are dying.
Not that they were my heroes.
You know, I like, it's like if Ron Paul was in there and all of a sudden he's like pro the Fed.
It's like, what?
What is going on?
You know?
Yeah, like if Massey just suddenly flipped.
It's like they're gaslighting us too.
(41:48):
Like, oh, there's no list.
Okay.
Case closed.
No list.
So stupid.
It's maddening.
it is it's rage basically it's so ridiculous and the fact that that 11 hour footage had a minute
missing out of it i mean what are we to say to that like of course we think there's foul play
if we're going to cut a minute out of it they're not stupid do you think that just like slipped
(42:10):
through that that one minute cut like we weren't going to catch it this is this is just getting
ridiculous right without even an explanation at the you know at the outset of that is is is more
than anything. It's like, that says it all. Because if you had an explanation, you know
everybody's going to see this missing minute. And, you know, you at least come up with something,
(42:33):
but do not say anything. It's almost like a tell that they're like, QAnon is in control.
Don't worry, guys. Patriots are in control. Q is, that was left out on purpose, and they didn't
make a comment on purpose so that you would know that something's up and Patriots are in the
background and they're going to make things happen. And the rest of the people, it's like,
(42:55):
no, I don't think they have the power yet. Enough good people don't have any power
yet right now. I think Bitcoin helps with that in some ways, but it's the same power dynamics
that have been in this country since the Federal Reserve was enacted. Andrew Jackson,
(43:19):
you know, everybody's been talking about this for the history of our founding and the
adverse incentives and kind of the power that the central bank and the money printer has you know kind of just trumps everything else So until that gets fixed you not going to see any of these other good fruits come out of a poisonous tree
(43:52):
I want to say good morning to Tao. Tao, how are you, sir?
Hey, good morning, guys.
I assume you guys are talking about the Epstein list.
And my question to that is, even if they release the list, how do we know that it hasn't been doctored or it was fake?
(44:13):
It's almost as if there needs to be another verification on top of that.
I mean, these days with AI being so good and generating videos as well as photographs,
it's like it's kind of scary because now you don't know what's real what's fake and then let's let's
let's say let's say here's the list and they produce some i don't even know how they're going
(44:37):
to produce it what it's just going to be a excel spreadsheet with the list name or is it like oh
here's the physical pieces of paper that we're taking pictures of like how's that going to come
out and then once you see that how do you know that's real that's the difficult part of all this
I mean, these days it almost has it.
(44:59):
They'll release it, but it'll all be redacted.
Yeah, you know, it's just that, you know, it's so hard, right?
You have to, I guess, have an independent, I don't know, independent investigator or something that you can trust that does their own reporting.
It's almost as if right now when you look at news at a different country, you don't necessarily pay attention to the media, but more of like, hey, someone on the ground that you know personally, that they have no motive to lie to you.
(45:31):
They're telling you.
And then they maybe take pictures and they screenshot and send it to you.
That is absolutely even more reliable and trustworthy than other things.
So that's one of the things that –
And Tao, I think what we're looking for is just steps in the right direction.
Everything is just misdirection.
And, you know, yeah, you're right.
(45:52):
If something comes out, how do we know if it's real?
Well, you get a general sense and you kind of get a feeling is all you really have at this point because of all the AI BS and stuff.
But people, when you see the truth, you know it.
You know, that's the one good thing about the truth.
When somebody speaks the truth wholeheartedly, it sticks out, especially in this world of nonsense.
(46:19):
So that's what we're looking for, any type of semblance of truth or step in the right direction from these clowns.
But yeah, I see your point. It's a good point.
Yeah, no, I mean, it also is up to the individual to be able to sort of discern what is real, what's not as well.
I mean, it's kind of like both ends, right?
(46:40):
So if you have a lot of evidence, people speaking out, documentation, pictures, videos, you wrap all that up.
And then, you know, everybody has their own perspective of that.
And they analyze all that.
And then they'll come up with their own sort of percentage, whether they believe, yeah, it's probably true based on all of these things, high probability or low probability, things like that.
(47:08):
So, yeah, it's funny.
how these things are just coming up.
I think that speaks to the importance of platforms and protocols like Nostra, too,
because you're talking about how information can be altered, deep fakes and AI,
but having our information be decentralized and distributed that way
(47:30):
to where it cannot be manipulated,
I think that's going to be super important and valuable in the future.
Yeah, I mean, one of the big things that I kind of noticed out of this
that is, you know, a good thing and a bad thing is, you know, with J.D. Vance and some of these
Cash Patel and some of these other guys that have made tweets specifically about the Epstein list.
(47:54):
It's like now we have this record and we're able to go back and say like, yo, you said this,
you know, four years ago. Granted, you weren't in power yet and you were just,
were you just trying to get into power so that you could do the same thing?
Or are you, are you different? And if you're not, then why am I continuing to vote for you?
(48:17):
And with, with X and with, with Twitter, it's like, that can be deleted. Yeah, there's some like,
people out there that are, that are, you know, documenting tweets, even if they're deleted.
but you know, that's, that's not as, as consistent and it's not going to get the reach
(48:39):
that you have with kind of this, this hard ledger of, of people's tweets that can't be deleted.
So I like that aspect of Nostra where, where it's, it's permanent. You put something out there,
it's, it's there. And until I don't even know the inner workings of it, but you can host
(49:02):
you know, your own server that, that guarantees that, that your copy or your, your account,
your words kind of stand the test of time. Um, so that to me, that's it, that's a huge bonus.
And we did with something like Noster, we don't have to worry about, um, kind of revisionist
history. Uh, we can see it's like, it's like reading an old book, um, and, and seeing kind
(49:26):
of how it was actually written about back then and not have to, you know, worry about anything
else but what's up jimmy we got you there well i've been listening in and out i've been real
busy getting this guy out of here to go get water and redoing a cement pour tomorrow but it's glad
i'm glad to hear that you guys are you know typical bitcoiners and don't trust uh after what i've seen
(49:47):
of the government i don't trust any side i'm sorry i don't i don't i the people say it's all the
dims bullshit that's impossible the republicans are such a part of it congress is so corrupted
It is disgusting. The fact that you can marry your brother, you can lie on federal forms, which is, you know, absolutely.
And still be in Congress. Mind blowing. You know, they're not cleaning up anything.
(50:08):
They're they're fucking around. It's like a PSYOP. It's like, you know, let's feed us the crowd some information.
Let's play our circuses. Let's have our, you know, like the Coliseum.
And, you know, they do these little battles, but nothing ever happens.
So, yeah, I'm pretty disappointed in the U.S. government.
But honestly, I'm disappointed in the Mexican government because the president today is, you know, she's weff all the way.
She's now showing it. She's coming up with a plan to do digital ID and do all this.
(50:31):
But most Mexicans are just like, really? Like, good luck with that. We'll see.
But, you know, keep your head on a swivel. Just don't trust anything. It's just anywhere.
I mean, I don't know a government in the world you can trust today.
They all seem to be in on this. And it's been going on a long time, a lot longer than I thought.
and I follow data Republican pretty closely
and it's really sad to see some of the stuff
(50:53):
that's being discovered.
Like they're indoctrinating children.
The Teachers Association is literally telling them
to use the word fascist whenever they refer to Trump.
I mean, you're teaching your children almost treason.
This is insane.
And yet that's the National Union for Teachers
or something that came out with this
and there's a ton of this shit.
So yeah, I'm just, I'm not like,
(51:13):
you don't want to be real negative,
but it's hard not to be.
But at the same time, shit has to fall apart.
So that's what's happening. They're not doing it. And yet I don't think people are going to tolerate it.
I think people are going to wake up. They are waking up to the fact that why is Maxwell in jail when there's no list, no clients?
We all know it's bullshit. We know that Gates is on there. We know that I don't think Trump was.
(51:34):
And the only reason I don't think Trump is is because the Democrats would have brought that up a long time ago.
I don't think that's the reason. I think it's more because he's a Mossad agent.
And I don't think he's dead, honestly. So I could go on for hours about what I believe in that government.
I could tell you things that I learned when I was a young man about our government.
And it was very dishonest.
The CIA, the DEA, it's bullshit.
And it's been going on much longer than I thought.
(51:55):
So just keep that in mind and keep Bitcoin in because I do believe there's a way to live on a parallel as this whole system crashes.
And it's not just the money.
It's the whole society.
It's, you know, it's weak times.
There's soft times and soft people.
It's going to get hard.
So hang in there.
And, yeah, I just hope you guys have an awesome week and, you know, stay positive and work locally.
(52:20):
It's what you can do, you know, deal with what you can and don't get too caught up in it.
I listen to this stuff, but, you know, I do get upset at the same time.
I just go back to go plant some trees. I feel much better. So have an awesome day.
Yeah, I mean, that's, you know, it's like the quintessential one of the quintessential points of being an American is like not trusting the government.
(52:41):
It's kind of how how the whole thing started.
But it kind of goes even further in today's digital age with kind of the Bitcoin ethos have kind of picked up that mantle with don't trust verify.
You really can't trust anything except for God.
And if you can't verify, you can't trust it.
(53:04):
You can you can verify Bitcoin and look at it.
It's open source.
Noster, same way.
you know, other protocols, like you can trust code if you can verify it.
But without that transparency and accountability, you shouldn't trust anybody or any company
(53:26):
or any government until they really prove their worth to you.
And even then, it's like you have to take this mindset that the left has had for a long
time of, okay, thank you.
That was good, but it's not enough.
More.
Give me more.
and make these people work for us.
(53:46):
And I think that model becomes more and more powerful
on a sovereign Bitcoin standard for individuals and companies.
They'll be able to exercise the power of their money.
As time progresses, they can use that for more open source, transparent projects.
(54:10):
That's kind of the long-term hopeful outlook is that, you know, we can kind of shape the world to what we want it to be.
So I agree.
It's not like something – it's easy to get bogged down.
And a lot of people are going to be misled.
They're going to be it's very convenient to me in my mind that now we have Elon, you know, as our new controlled opposition that just happens to come about right as right as all this is happening.
(54:44):
So that, you know, you can say, oh, well, the Republicans are bad and the Democrats are bad.
And so I'll just do this. This one, he says that he's going to fix it.
And so I'm going to get all riled up behind him and he's going to save the world.
And it's like, you guys are falling for the same trick over and over again.
They don't like you.
(55:05):
It's a big club.
You're not in it.
You have no power.
All you hold is dollars that they print.
And not you guys, but generally speaking.
And until that changes, until you can exercise, you know, the real power of your labor in your capital, then I don't think it's going to change.
(55:29):
Well, and I'm just going to say I agree with you with Noster and making use of Rumble and, you know, keeping an eye on your stuff and backing it up to servers.
I'm bummed out only because Starlink works so damn well and there's only one Starlink.
That's my weakest link.
You know, it's like I've got to go to ham radio or what satellites are working these days other than Elon's.
He's taken over the business and it's fantastic.
(55:51):
It works so well, but it sucks that it's only one company all over the world.
You'll get your Chinese Huawei competitor within the next decade.
So just hang in there.
I saw something about them powering up their solar farm that's going to microwave energy down to...
(56:12):
I don't know.
There's some crazy shit is on the horizon.
Space is kind of one of these new things that Star Wars is becoming real now that it's somewhat viable.
and the technology's there to actually make it profitable.
I think it'll be perpetuated, but there'll be competitors.
(56:35):
It's just going to take a while.
Yeah, my luck with Starlink so far today has not been good,
but appreciate you guys dealing with that.
But do want to thank everybody for coming up.
We're going to end the show there.
We do this every weekday, 10 a.m. Eastern.
Really appreciate you guys.
If you do need help on your Bitcoin journey, please visit BitcoinVeterans.org and throw your information in there.
(57:00):
We will get you plugged in with resources and education on your Bitcoin journey.
Do appreciate everybody who came up on stage.
Texas Toast for co-hosting and saving me.
Hunter, always good to hear you.
Tao Jimmy, whoever else I missed that drop down.
(57:21):
CoinIcarus, I think, was up here.
a couple other people, but yeah, hope to hear from you guys again tomorrow and make it a
great Tuesday.
And lastly, remember not to shit coin.
It's like fertilizing your lawn and then eating your grass.
(57:41):
people
use
fiat
currency
as a store
of value
we call them
we call them
we call them
we call them
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