April 25, 2025 • 32 mins
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Speaker 1 (00:02):
It's that time, time, time, time, luck and load.
Speaker 2 (00:10):
The Michael Verry Show is on the air. It's Charlie
from Black Face Mother. I could feel a good one
coming on. It's the Michael Berry Show.
Speaker 1 (00:24):
I saw a meme this week when I thought it
was really good, really really wise and said, I can
deal the break. Many people believe that the grass is
greener on the other side, but actually the grass is
greener where you water it. And I wish I was
(00:49):
at a black church live right now, because somebody would
go as an outward show of boy, you got us
with that one.
Speaker 2 (00:59):
That was clever.
Speaker 1 (01:00):
I've always liked the ooh at a black church. I've
spoken at black churches many times over the years, particularly
as a candidate. But it's a much more interactive experience.
If you've ever heard Ralphie May on the Black Movie Theater,
it is also a.
Speaker 2 (01:16):
Very It's just a different culture.
Speaker 1 (01:18):
Some people are uncomfortable if you point out that there
are cultural differences.
Speaker 2 (01:23):
There is nothing to be uncomfortable about with that.
Speaker 1 (01:26):
If you don't think my wife, who spent her first
twenty one years in India, does some things differently than
I do because I spent my first twenty one years
in a trailer park. If you don't think that we
have some different ways we do things, then you're in it.
You're Cleopatra Ramon, You're to queen of denial. You don't
our differences don't need to be something we're ashamed of.
(01:50):
Our differences don't need to be something we deny. The
Left has taught you that celebrate your differences, have fun
with them, make jokes about them. You know, my great,
my great sadness for this country is how many you
know you think about in the history of mankind, people toiled,
(02:12):
they suffered it.
Speaker 3 (02:14):
We didn't.
Speaker 1 (02:15):
It's only yesterday we figured out that if we've got
to cut your leg off, we can at least put
you under so you don't have to have you don't
have to feel it being sawed off. Or if we
take a tooth out, you don't have to sit there
wishing you could die over the tooth. We can put
you under. Hell, I just went under. My dentist put
me under a couple of weeks ago because I was
(02:35):
overdue for a deep clean. And that's a true story.
I was overdue for a deep clean, and I told
him was so bad that if I could get a
little sedation, and he said, you got it. And I
woke up from a nap and I put my tongue
on my teeth, and ah, I feel so good. Truth
be told, I'm not proud of this. I needed a
deep clean because my mother every six months. We didn't
(02:58):
have any money, but my mother took us to the
dentist every six month because good dental care because her
mother lost our teeth was important to her. So my
mom died September nineteenth and I realized I hadn't been
taking good care of my teeth. I needed to go
to the dentist. And I took from September nineteenth until
a few weeks ago to finally bring myself to go
see my show sponsor and get my teeth taken care
(03:18):
of it. That's sad, or what we can I say.
But throughout history, people didn't live very long, and while
they were alive, it was mostly suffering and pain and
filth and disease. We live in such a happy time
relative to that. We got air conditioning, and we've got sedation,
and we got food, and yet we're more miserable than
(03:40):
people have ever been. It's a state of mind it's
a question of what you're watering. So I'm going to
tell you today water how wonderful things are today. Donald
Trump is actually doing what he promised, and that upsets
the left, and the left gets upset, and you get
upset because they're upset. You don't need to be upset.
You need to drink up those tears. The fact that
the left is upset. You know, people say to me,
(04:03):
you know when they die, they're gonna say bad things
about you, Michael, and I say, I hope. So that's
how I know I succeeded. If they're not, If the
Left is not glad when I'm dead, then I didn't
do my job. And that's how I look at it.
So you don't need to cry for me. Argentina.
Speaker 2 (04:17):
All right, let's get a started.
Speaker 1 (04:20):
Phone lines were open seven one three nine nine nine
one thousand, seven one three nine nine nine one thousand.
If you can't get through, you can always leave a
message and to get a start, as we always do
courtesy the greatest executive producer and all the land, chatted
Cone Nakanishi.
Speaker 2 (04:31):
You're a weak interview. Let me just go ahead and
tell those of you.
Speaker 1 (04:37):
Whose great grandmother was from Czechoslovakia, and you've got a
check name, and that's about all the check you've got.
And you want to out check me if you send
me an email about what is and isn't a galachi,
I'm blocking you because I find that very annoying. You
better check good point, Ramona, You better check yourself.
Speaker 2 (04:55):
Because I know you're out there, and I know you're
just truck just dying. I ain't know I being rank
a Democrat.
Speaker 1 (05:03):
Senator Chris van Hollen as he did fly to El
Salvador and try to rescue an MS thirteen gang member.
Speaker 3 (05:07):
Phil mar Abrigo Garcia is an illegal alien MS thirteen
gang member and foreign terrorists who was deported back to
his home country.
Speaker 1 (05:16):
The Democrats are in love with all the wrong people,
and I'm here to tell you I hope that continues
because they'll never win another of national life at this pace.
Speaker 2 (05:25):
They are out of touch with the American people. Risked
burglary to the Southwest Side. Restaurant owner says, if someone.
Speaker 1 (05:31):
Stole raw meats right off the pit as it was
smoking over night, If all Jacob the third is the
owner and pitmaster of Jacob's Barbikle, I'm not worried about
it now, because that pit is filled and it will pay.
You have to bring up wealth, and you would have
to come in like weld a loose to get in
that head.
Speaker 2 (05:49):
I love that dude so much. You would have to
weld it a loose. Well, did a loose? That's that's
my kind of people. Well, let's for dinner. We're having
Hamburger helper.
Speaker 1 (06:00):
Your halberd yay years ago, he said, I'm gonna make
you something from your childhood.
Speaker 2 (06:04):
What do you want?
Speaker 1 (06:05):
I said, Hamburger helped you so okay, I'll have to
call your mom and ask her how to make it.
I said, I can actually tell you this. Put round
round cheap pasta shells and they got a little sauce
in there, the same way Kraft mac and Cheese does.
Speaker 2 (06:16):
And if you make my grandmother's corn bread, you will
make me very happy. Just to beat Have you ever
thought about any rays or road? Second nic veryfic school.
You're just talking about where you went to school. Be careful,
you're gonna blow an old rig.
Speaker 4 (06:39):
Captain something wong, Well, something must be right.
Speaker 2 (06:44):
You were listening to Michael Berry.
Speaker 1 (06:47):
Let's open the phone line seven one three nine, one thousand,
seven one three, nine nine nine one thousand, Nor should
you find yourself not able to get through or not
able to call when we are on the air, you
can call twenty four to seven and leave a voicemail,
and many people do seven one.
Speaker 2 (07:04):
Three nine nine nine one thousand.
Speaker 1 (07:07):
And let me just go ahead and say, now, I'll
say this again over the next week or two. Mother's
Day is coming up. I think it's May fifth, sixty seventh,
right around that area. We normally go to Mother's Day
too late to make this happen, but on Mother's Day
(07:28):
the Friday before, which is our Mother's Day celebration, which
we consider to be a very important tribute to mothers.
Speaker 2 (07:34):
And I'm being completely honest.
Speaker 1 (07:38):
Paying tribute is important so that people gets as they say,
as the young kids say, so that people get their
flowers literally and figuratively. But also I think that a
lot of people listen to that. I like to think
people listen to that and go, hey, forty years from now,
I want my kids to say, you know what, let
me be a better mother, let me do more.
Speaker 4 (07:58):
You know.
Speaker 2 (07:58):
Maybe maybe I'm maybe those kids.
Speaker 1 (08:00):
Are getting on my nerves because I'm around them too long,
and I forget that I'm making their childhood here.
Speaker 2 (08:04):
Let me let me make it better.
Speaker 1 (08:05):
Let me challenge them, let me teach them, let me
discipline them, let me love them, let me spend time
with them.
Speaker 2 (08:10):
You know what this is.
Speaker 1 (08:11):
You're right, it's time. End't going to be here forever
and I'm spend my old years alone. Let me let
me make it great. So with that in mind, you
can call our line when we are off the air
and just say this is Bob and Nashville or Sam
and Tulsa, and uh, I want to tell you about
Mother's Day and my mother and tell your story, and
(08:33):
we would try to weave some of those in so
that our Mother's Day is not limited to whoever's able
to get in live at that moment. You'll take a
minute to think about your mother, So your name and
where you're calling from, and then whatever your Mother's Day
tribute is, and we'll try to work some of those
into the show.
Speaker 2 (08:46):
The sooner you call, the earlier we can get it
cataloged and make sure we use it.
Speaker 4 (08:51):
Now.
Speaker 1 (08:52):
That will be coming up. That's the Friday before Mother's Day.
I think that's May fifth. Is that my right room
huh may ninth. Okay, well, first move over, bud Light,
Nike has an even dumber idea. Not surprising, these are
the people who brought us Colin Kaepernick OutKick from our
friend Klay Travis is reporting that Nike is allegedly funding
(09:14):
a study on the use of puberty blockers and children
and how it affects their athletic performance. Came to light
after a New York Times story featured a transgender volleyball
player from San Jose State. In the article, the author
mentioned Joanna Harper, a biological male who identifies as a
woman and studies transgender athletes, and it goes on to say, basically,
(09:37):
they're trying to get They're trying to create this woke
program in support of boys playing girls sports. This is
just wicked weird. I mean, if the bud Light case
wasn't the talisman against stupid things like this, then hopefully
the Nike case will be WELCA two.
Speaker 2 (10:00):
Woke center, Welcome back to the studio.
Speaker 1 (10:04):
At halftime the LGBTQ NBA brought to you by Nike.
Speaker 2 (10:09):
Nike just blew it. Let's go down to the court
and Dick E V Dicky VI tell still doing games.
Speaker 4 (10:17):
How you doing, Dicky V? Oh, we got a transie,
get it handsy.
Speaker 2 (10:21):
He's in full twubble with the diaper Dan d transy
hansy diaper and the.
Speaker 4 (10:28):
Okay, thank you Dicky V. That shtick never gets old.
Speaker 2 (10:31):
When we come back, it's second half action. It's the
Hemns versus the shims.
Speaker 1 (10:36):
Tight at eight at half time, second half action comes
your way.
Speaker 2 (10:41):
No, we're really doing this. This is terrible, harn't it?
And with that we shall go to the phone line.
That's funny.
Speaker 1 (10:52):
The first call I looked up at it is just
the order that they came in a Bertha And we're
going to end the show with a discussion of Lulu Roan,
who was from he Hall for those of you old
know to remember. And I had I had set my
prep aside for that to be the last segment because
it's kind of a tribute to my mom.
Speaker 2 (11:08):
And you'll understand why.
Speaker 1 (11:09):
When when we get there in an hour and a half.
But uh, Bertha was Lulu Roman's birth name, and it's
just kind of I don't know if it's a god
thing as they say, but here we go.
Speaker 2 (11:21):
Bertha. You are on the Michael Berry Show. Go ahead, sweetheart.
Speaker 5 (11:26):
Yes, I hope you and your family are doing well. Man,
And I am curious what is the currency to back
up the bitcoin? If the dollar is gold, what is
back to the bit coin?
Speaker 1 (11:39):
Well, okay, this is a complicated question. I'm going to
attempt to answer that. To start with, the dollar is
not backed by gold. I'm not a bitcoin enthusiast.
Speaker 4 (11:52):
I don't.
Speaker 2 (11:53):
I don't want anybody to get confused here.
Speaker 1 (11:54):
I'm not a you know, there's those bitcoin bros that
are they're all about bitcoin. I'm agnow stick on the matter.
People can do it or not do it. That's completely
up to them. I'm not going to poopoo it. But
I'm also not going to promote it necessarily. But let
me say this. You first have to start with the
understanding that the dollar is not backed by gold. When
(12:17):
we went off the gold standard, that meant that was
the license to print money that had no value other
than what we will kind of nod agree is the value.
And when you are no longer limited in currency as
a representation of your gold reserves, now there's nothing to
(12:40):
stop it. And that's why we've seen runaway inflation, debt spending,
massive deficits year after year. So start with the idea,
and this sort of underpins bitcoin.
Speaker 2 (12:53):
Start with the idea that.
Speaker 1 (12:57):
None of your currency is act by anything in particular
other than the full faith and credit and good reputation
and those sorts of things, but none of them are.
The Bitcoin is a huge part, a huge part of
(13:21):
the See that's the government trying to kill me because
I'm talking about bitcoin and they don't want it. A
huge part of what preserves the value. And I'm not
a bitcoin expert. I have a friend named Tillman who
owns a company called the arch Public And what they
do is it is an exchange for bitcoin. They are
(13:43):
the software company and they clear that they clear your trades.
But what they do is they have an algorithm where
you go in and set your parameters. That way you
can make your purchases when you're asleep, if a number
hits where you wanted to hit, whether it goes a
certain low or certain high. You know, with the stock market,
(14:05):
you know day traders can be or traders at all
can be awake and alert and.
Speaker 2 (14:10):
Ready for a particular price to occur.
Speaker 1 (14:13):
With bitcoin is twenty four hours a day, so you
need an algorithm to do that.
Speaker 2 (14:17):
But let me go back. Hold on, let me say,
let me see if I can get.
Speaker 1 (14:20):
Him on the line, because he is he is a
guy that can think, and he is an evangelist for bitcoin.
Speaker 3 (14:24):
So but hold on, Before Biden came into office, we
had a legal immigration at a record low.
Speaker 5 (14:30):
Michael, it will be my policy to take down the cartels,
just as I took down the ices Calibania.
Speaker 2 (14:38):
Just playing so you understand.
Speaker 1 (14:40):
Maybe I am not a cheerleader for bitcoin, nor am
I a cynic on bitcoin. I have had my experience
with the bitcoin bros who can be a bit much.
It's sort of like I said about pot smokers. I
think if people would smoke their pod or do their
gummies or whatever else they do, and not go to
(15:03):
festivals and blow it on everybody else, then people wouldn't
have so much of a problem with it.
Speaker 2 (15:08):
But bitcoin is in the.
Speaker 1 (15:10):
News quite a bit today and it's it's constantly kind
of hovering, and I think under this president, you're going
to see that more and more of the case.
Speaker 2 (15:19):
Because he's a fan of it, that's clear.
Speaker 1 (15:21):
He spoke at the crypto conference he has he has
given kind of the the impromoter or imprimature, however you
prefer to say it. You know, the blessing to discuss
this openly and coming out of the dart has been
I got a lot of listeners. We have a show
sponsor called the Archpublic dot com and the owner is
(15:43):
a friend of mine, Tillman Holloway. He was a superstar
football player at the University of Texas, and he's from
a gold star lineage of His father was an All
American in football at the University of Texas and then
an NFL Hall of Fame as an NFL player, and
his other grandfather was a guy named.
Speaker 2 (16:05):
Jack Trotter who in Houston was a legend.
Speaker 1 (16:08):
And this guy was a deal maker, extraordinary, and everybody
in Houston above the age of sixty or certainly seventy
remembers this guy when he was the stuff of movies. Anyway,
So Tillman is my kind of guru on bitcoin matters.
And because this issue comes up a lot a lot,
I called him and was fortunate enough to catch him
(16:30):
free to speak to us for a moment. So Tillman,
the first question I want to ask you. We had
a caller going into the break and she said what
is bitcoin back by because the dollar is backed by gold, and.
Speaker 2 (16:42):
I explained, no, it's not. We're off the gold standard.
Speaker 1 (16:46):
But explain where the value of bitcoin comes from.
Speaker 6 (16:51):
Sure, yeah, thanks for having me. Let's start with.
Speaker 3 (16:55):
What is the value of money? What are the properties
of money that make it valueable? Scarcity is one of them.
We have to trust that someone can't print it to infinity,
that there's a scarce amount of them, because that creates stability.
Speaker 4 (17:12):
We have to have the visibility.
Speaker 3 (17:14):
It has to be able to measure a grain of
sand and the entire economy because it's an indicator of
that inflation.
Speaker 4 (17:22):
It has to be portable. We have to be able to.
Speaker 3 (17:25):
In a digital economy, move value very quickly across the
globe in a way that is efficient, doesn't cost a lot.
Speaker 4 (17:35):
It has to be verifiable.
Speaker 3 (17:37):
The money has to be something that we can verify
settlement and transactions. So the way we trust money right
now is through intermediaries, through other companies like the Visa network.
Speaker 4 (17:50):
Like Swift.
Speaker 3 (17:52):
There are third parties that charge a lot, that use
archaic technology to get it done. It takes a long time,
It injects a lot of friction into that said world,
economy and bitcoin changes all of that. Bitcoin is absolutely scarce.
There is only twenty one million that will ever exist,
(18:12):
and no one can print more. It's divisible down to
eight zeros beyond the decimal point, so you can trade
one sat, which is a fraction of a cent, all
the way up to transferring billions of dollars across the
globe for dollars and pennies. It's divisible. It can measure
(18:33):
in that you know, eight decimal points. You can measure
all the way up to a world economy. You can
literally put trillions and trillions of dollars into the network
and it can be measured very effectively. It's built that way.
It's portable. I can literally send that bitcoin anywhere I want,
any day of the week. No one can stop me.
It's peer to peer with no third party intermediary. It's verifiable.
(18:58):
The network of computers that make up any valuable company today. Google,
what is it? It's a network of computers? Amazon?
Speaker 4 (19:07):
What is it? A network of computers? Facebook? What is it?
Speaker 3 (19:11):
A network of computers? Bitcoin is a network of computers
just like all of those companies, but instead of it
being controlled by a central company that has their motives
in the forefront of their existence. This is a code
that every computer that wants to participate in a network
(19:32):
has to abide by the rules and has to use
the exact code, or it does not get into that
said network. That dickcoin network has grown over the last
sixteen years to be the largest network that's ever been
created by man, that's transferred more value trillions and trillion,
hundreds of trillions of dollars of value without one accounting error,
(19:55):
without one double spin.
Speaker 4 (19:57):
Error, from anywhere on the globe, to anywhere on the globe,
any day of the week.
Speaker 3 (20:03):
So it is by definition, the best form of money
that's ever been created. And when we used to measure
things against gold, we had limitations. Gold is not portable.
You can't send gold anywhere you want to any day
of the week without a great deal of security costs,
transportation costs, and if you send it via paper, there's
(20:27):
no final settlement. So you're making compromises on what we
value as the core characteristics of money with any asset
other than bitcloin. So that's kind of the way I
look at it. And so when you buy into bitcoin,
you're buying into a network that is the largest on
Earth that can achieve transactional finality in a very short
(20:49):
period of time, which is on average twelve minutes. So
it's like being able to send cash in an email,
and once that person opens up the email and pulls
the cash out, you can't.
Speaker 6 (21:00):
Get the cash back. There's no chargebacks, there's.
Speaker 3 (21:03):
No fraud on the credit card, there's no friction, it's
finally settled. So that value in that network is constantly
being recognized by the biggest players in financial spaces because
that value has real world implications that allow you to
scale tremendous capital into it and build financial products off
(21:24):
of it.
Speaker 4 (21:24):
And we've seen the largest growth over the last year.
Speaker 3 (21:28):
Of ETS in the history of ets. The most successful
ets are all Bitcoin based ets, and ets are being
added for all the peripheral alt coins on a daily basis.
It's literally the fastest expanding financial market that exists.
Speaker 4 (21:43):
Why.
Speaker 3 (21:44):
Because people demand volatility and people demand final settlement.
Speaker 4 (21:48):
People are demanding that the printing of.
Speaker 6 (21:50):
Our cash come to an end, and at.
Speaker 3 (21:53):
The very least, they want to hold something that gives
them the truest indicator in real time of the globe
inflation rate of anything that man's ever created, So that
is kind of my you know, sorry for the soapbox,
but that's why bitcoin is valuable.
Speaker 1 (22:10):
No, I think it's important. I think it's like a
number of other things. You know, the deep state spying
on us would be another good example, or what actually
goes into the COVID clot shot. It's one of those
things that nobody really understands it, but nobody wants to
admit it, so they just kind of loosely refer to
(22:32):
bitcoin and whether it's good or bad. And part of
the reason the bitcoin bros become so annoying is once
you dive in and actually understand the system, whether you
forward or against it, once you dive in and actually
understand it, it has so many things that are exciting.
Speaker 4 (22:49):
You know.
Speaker 1 (22:49):
You talk about the portability or the fungibility or the
the and you don't even get into the fact that
the government can't control it the way they can the
currency and we've seen that with good monetary policy. Then
there they are the ones that are excited and nobody
else knows it, and you know they begin evangelizing.
Speaker 2 (23:04):
Hold on just a moment till On Holloway.
Speaker 1 (23:05):
His website is the Archpublic dot com Michaelberry.
Speaker 2 (23:12):
Show how how long we can keep him because it
was on the fly.
Speaker 1 (23:18):
But I got a call from Bertha asking me about bitcoin,
and rather than me answer I have I have a
limited understanding of bitcoin, I said, let me call you
the guy that Let me call the guy that I
trust on the matter. And he spent more time on
bitcoin than anybody else I know. He has a company
(23:39):
called the Archpublic dot Com that clears it's a software
company technically that clears your bitcoin transactions. And maybe if
we have a minute, I'll ask him to explain how
that works. It's fascinating. We've had more than a few
conversations about this because he was one of the guys
that could break it down and make it easy to
(24:00):
me without hyping it anyway. So Timan Holloway is our
guest the archpublic dot Com. So, Tim, I think the
biggest question and this is, you know, we've all seen
the multi level marketing schemes and scams take off. We've
all seen people try to chase dollars in growth with
(24:20):
these crazy and that's how people get into the Bernie
made Off trouble, and that's how I get into Alan
Stanford trouble, and you know, something sounds too good to be.
Speaker 2 (24:28):
True, it's usually not.
Speaker 1 (24:30):
And you got to ask tough questions, and you've got
to be cynical or at least skeptical. So I think
the biggest question people would have, and I think this
was why the earlier caller called in and I wanted
Toman to talk about this, is this fear that you
put money into bitcoin and then it's just gone. What
happens to keep it from just evaporating? And we've seen
(24:50):
these pump and dump schemes with these you know, the
the uh uh hawk to a girl and different famous
people who put cha coin or something and then everybody
puts their money in and all of a sudden boop,
pumping dump, they get all the money in, they run away, and.
Speaker 2 (25:06):
What can we do about it?
Speaker 1 (25:07):
So speak to that and try to be sensitive to
the fact that there are very smart people who can't
figure this darn thing out and they're scared. And I
think this probably keeps money out of the market that
could be the bitcoin market, that could be, you know,
but I do because they're scared that one day somebody
turns off the switch and there's no bitcoin left.
Speaker 3 (25:27):
Yeah, so you ended the last segment with saying that
there is no central party like a government that can
shut it down or control it, and you're one hundred
percent right, and that's what makes it special. The network
that I was referring to as being the biggest network
that's ever been built to handle final transaction settlement, that
network is being operated by free market dynamics. There are
(25:51):
a group of people called miners, and those miners are
people who have plugged computers into the wall and given
a one hundred percent of that capacity of that computer
to the network, to the Bitcoin network, and that is
what provides the security, and that's what is that's what
prints the next bitcoin out of the twenty one total,
twenty one million total that will ever be created.
Speaker 6 (26:14):
So when you're a minor, you get rewarded for that
computational power you're giving to the network in bitcoin, and
that's the birth of the new bitcoin that come onto
the network. That will stop at twenty one million, and.
Speaker 4 (26:27):
So there will be no more bitcoin.
Speaker 3 (26:29):
Mind, that's the scarcity factor of bitcoin that drives the
price up. So the network itself can't be shut down
by any individual. It's it's millions and millions of people
on every corner of the globe. Let's just say there was,
you know, the worst event that you could imagine, where
(26:49):
there's a global emp that there's no technology anymore, Like
you know, if your money's in technology, that would be
a question you would need to ask in terms of
worst scenario.
Speaker 4 (27:01):
Well, here's the reality.
Speaker 3 (27:02):
The second one person put the code that is called
the bitcoin network to use on the network, the network
would immediately start off.
Speaker 4 (27:12):
Right where it left off. It's unkillable, it's.
Speaker 3 (27:16):
Been birthed, and it's etched in stone for all eternity.
Those blocks that have been created that we call the blockchain,
that make up all of the birth of that bitcoin,
they can ever be clawed back, they can never be killed.
They're here for good. So it's a secure of a
financial network as we've ever created by man. And if
(27:38):
you're talking about like why you should own a piece
of it, well, why should you own some gold, or
why should you own stocks, or why should you own anything?
You should own it for its appreciatory value. It's had
an internal appreciation rate of every year of over one
hundred percent on average.
Speaker 6 (27:57):
It's outperformed every other asset class.
Speaker 3 (28:00):
And on top of it, you control it absolutely. It's
like an emergency fund that you have buried in the backyard,
but you don't have to dig a hole, and you
don't have to dig it up. It's electronically buried. So
it offers a convenience that no other tangible asset provides.
And if you keep a lot of if you want
to keep an emergency fund at your house, there's risk there, right,
(28:22):
And if you keep cash at the house, there's risk
in that. You can do the same thing with bitcoin,
but instead of the cash that's losing value, you can
have bitcoin that's growing in value because it's becoming scarcer
and scarcer, and because the global money supply continues to
go up, and those two factors make bitcoin's price, you know,
(28:43):
consistently gone up over the last sixteen years.
Speaker 4 (28:45):
So don't believe me.
Speaker 3 (28:47):
Believe people that are much smarter like Larry Saints, who's
you know, the sounder of Blackrock, and he controls as
much bitcoins as anybody on the earth through his ETF fund.
So they put their due diligence. You know, they've set
the bike bar very high. It took traditional finance extremely
(29:08):
long to get into bitcoin. Well, now they're not just
in they're in the deep end with both feet and
they are creating tremendous momentum in the space because of
their efforts. So it's the bridge of the traditional finance
world with this new digital finance world. But you can't
get rid of It's inevitable. It will take over everything
because it's more convenient, it's quicker transactionally, it's cheaper transactionally,
(29:33):
it requires no human beings, and there's no errors that
ever take place, So it's just superior in almost every way.
Speaker 1 (29:41):
Tilman Holloway is our guest. His company is called the
Archpublic dot com full disclosure. They are a sponsor of
our show in Houston, and they are a software company
whereby you will get into that in a moment if
he has time where you can make trades on there.
Speaker 4 (29:57):
But he is.
Speaker 1 (29:58):
He has been studying bitcoin for you years long before
you own a company in the space. And I'm going
to tease a subject because we're short on time here
that we'll get to in the next segment. When I
got up, well, I'll see it. Let me just lay
that out and then give you the break. Can you
stick with us?
Speaker 4 (30:14):
Tillman sure? Okay? And by the way.
Speaker 1 (30:17):
If anyone wants to communicate with Tilman or see his
website or whatever else, it's darchpublic dot com. But I
understand a lot of people are driving. You can email
me through our website, Bmichael Berryshow dot com. And if
you email me about any of our sponsors or anything else,
I will forward that either in this case directly to Tillman,
(30:39):
the head of that company, or for anything else any
of our other show sponsors. If you want to be connected,
I know the heads of each one of those companies,
and I'm glad to connect you.
Speaker 2 (30:49):
But here's the two things I want you to think
about during the break.
Speaker 1 (30:52):
So I get multiple emails on the market on all
sorts of things. And one of the things I saw
this morning from the Wall Street Journal was quote President
Trump is signaling that he will blame the Federal Reserve
for any economic weakness weakness that results from his trade war.
(31:13):
He might also be seeking to delegitimize the historically independent
institution in a way that could undermine its effectiveness.
Speaker 2 (31:21):
I hope so. I hope so.
Speaker 1 (31:24):
Because they need to lower the interest rate to spur
economic activity the way they did for Biden, and they're
not and they kept it too low for too long,
which led to inflation. We'll talking about that, but part
and parcels separate story, but I think they're tied together.
President Trump's pledge to make America a quote bitcoin superpower
end quote has set the stage for crypto to become
(31:45):
more intertwined with the banking system.
Speaker 2 (31:48):
So whatever you may think.
Speaker 1 (31:50):
Of my buddy Tillman Callaway and his bitcoin fascination, you
better know the President of the United States has committed
to bitcoin and making us a leader in the world
in bitcoin. And if you don't think that's going to
have some effect on the legitimacy of bitcoin, you're not
paying attention.
Speaker 4 (32:08):
Coming up,
It's that time, time, time, time, luck and load.
Speaker 2 (00:10):
The Michael Verry Show is on the air. It's Charlie
from Black Face Mother. I could feel a good one
coming on. It's the Michael Berry Show.
Speaker 1 (00:24):
I saw a meme this week when I thought it
was really good, really really wise and said, I can
deal the break. Many people believe that the grass is
greener on the other side, but actually the grass is
greener where you water it. And I wish I was
(00:49):
at a black church live right now, because somebody would
go as an outward show of boy, you got us
with that one.
Speaker 2 (00:59):
That was clever.
Speaker 1 (01:00):
I've always liked the ooh at a black church. I've
spoken at black churches many times over the years, particularly
as a candidate. But it's a much more interactive experience.
If you've ever heard Ralphie May on the Black Movie Theater,
it is also a.
Speaker 2 (01:16):
Very It's just a different culture.
Speaker 1 (01:18):
Some people are uncomfortable if you point out that there
are cultural differences.
Speaker 2 (01:23):
There is nothing to be uncomfortable about with that.
Speaker 1 (01:26):
If you don't think my wife, who spent her first
twenty one years in India, does some things differently than
I do because I spent my first twenty one years
in a trailer park. If you don't think that we
have some different ways we do things, then you're in it.
You're Cleopatra Ramon, You're to queen of denial. You don't
our differences don't need to be something we're ashamed of.
(01:50):
Our differences don't need to be something we deny. The
Left has taught you that celebrate your differences, have fun
with them, make jokes about them. You know, my great,
my great sadness for this country is how many you
know you think about in the history of mankind, people toiled,
(02:12):
they suffered it.
Speaker 3 (02:14):
We didn't.
Speaker 1 (02:15):
It's only yesterday we figured out that if we've got
to cut your leg off, we can at least put
you under so you don't have to have you don't
have to feel it being sawed off. Or if we
take a tooth out, you don't have to sit there
wishing you could die over the tooth. We can put
you under. Hell, I just went under. My dentist put
me under a couple of weeks ago because I was
(02:35):
overdue for a deep clean. And that's a true story.
I was overdue for a deep clean, and I told
him was so bad that if I could get a
little sedation, and he said, you got it. And I
woke up from a nap and I put my tongue
on my teeth, and ah, I feel so good. Truth
be told, I'm not proud of this. I needed a
deep clean because my mother every six months. We didn't
(02:58):
have any money, but my mother took us to the
dentist every six month because good dental care because her
mother lost our teeth was important to her. So my
mom died September nineteenth and I realized I hadn't been
taking good care of my teeth. I needed to go
to the dentist. And I took from September nineteenth until
a few weeks ago to finally bring myself to go
see my show sponsor and get my teeth taken care
(03:18):
of it. That's sad, or what we can I say.
But throughout history, people didn't live very long, and while
they were alive, it was mostly suffering and pain and
filth and disease. We live in such a happy time
relative to that. We got air conditioning, and we've got sedation,
and we got food, and yet we're more miserable than
(03:40):
people have ever been. It's a state of mind it's
a question of what you're watering. So I'm going to
tell you today water how wonderful things are today. Donald
Trump is actually doing what he promised, and that upsets
the left, and the left gets upset, and you get
upset because they're upset. You don't need to be upset.
You need to drink up those tears. The fact that
the left is upset. You know, people say to me,
(04:03):
you know when they die, they're gonna say bad things
about you, Michael, and I say, I hope. So that's
how I know I succeeded. If they're not, If the
Left is not glad when I'm dead, then I didn't
do my job. And that's how I look at it.
So you don't need to cry for me. Argentina.
Speaker 2 (04:17):
All right, let's get a started.
Speaker 1 (04:20):
Phone lines were open seven one three nine nine nine
one thousand, seven one three nine nine nine one thousand.
If you can't get through, you can always leave a
message and to get a start, as we always do
courtesy the greatest executive producer and all the land, chatted
Cone Nakanishi.
Speaker 2 (04:31):
You're a weak interview. Let me just go ahead and
tell those of you.
Speaker 1 (04:37):
Whose great grandmother was from Czechoslovakia, and you've got a
check name, and that's about all the check you've got.
And you want to out check me if you send
me an email about what is and isn't a galachi,
I'm blocking you because I find that very annoying. You
better check good point, Ramona, You better check yourself.
Speaker 2 (04:55):
Because I know you're out there, and I know you're
just truck just dying. I ain't know I being rank
a Democrat.
Speaker 1 (05:03):
Senator Chris van Hollen as he did fly to El
Salvador and try to rescue an MS thirteen gang member.
Speaker 3 (05:07):
Phil mar Abrigo Garcia is an illegal alien MS thirteen
gang member and foreign terrorists who was deported back to
his home country.
Speaker 1 (05:16):
The Democrats are in love with all the wrong people,
and I'm here to tell you I hope that continues
because they'll never win another of national life at this pace.
Speaker 2 (05:25):
They are out of touch with the American people. Risked
burglary to the Southwest Side. Restaurant owner says, if someone.
Speaker 1 (05:31):
Stole raw meats right off the pit as it was
smoking over night, If all Jacob the third is the
owner and pitmaster of Jacob's Barbikle, I'm not worried about
it now, because that pit is filled and it will pay.
You have to bring up wealth, and you would have
to come in like weld a loose to get in
that head.
Speaker 2 (05:49):
I love that dude so much. You would have to
weld it a loose. Well, did a loose? That's that's
my kind of people. Well, let's for dinner. We're having
Hamburger helper.
Speaker 1 (06:00):
Your halberd yay years ago, he said, I'm gonna make
you something from your childhood.
Speaker 2 (06:04):
What do you want?
Speaker 1 (06:05):
I said, Hamburger helped you so okay, I'll have to
call your mom and ask her how to make it.
I said, I can actually tell you this. Put round
round cheap pasta shells and they got a little sauce
in there, the same way Kraft mac and Cheese does.
Speaker 2 (06:16):
And if you make my grandmother's corn bread, you will
make me very happy. Just to beat Have you ever
thought about any rays or road? Second nic veryfic school.
You're just talking about where you went to school. Be careful,
you're gonna blow an old rig.
Speaker 4 (06:39):
Captain something wong, Well, something must be right.
Speaker 2 (06:44):
You were listening to Michael Berry.
Speaker 1 (06:47):
Let's open the phone line seven one three nine, one thousand,
seven one three, nine nine nine one thousand, Nor should
you find yourself not able to get through or not
able to call when we are on the air, you
can call twenty four to seven and leave a voicemail,
and many people do seven one.
Speaker 2 (07:04):
Three nine nine nine one thousand.
Speaker 1 (07:07):
And let me just go ahead and say, now, I'll
say this again over the next week or two. Mother's
Day is coming up. I think it's May fifth, sixty seventh,
right around that area. We normally go to Mother's Day
too late to make this happen, but on Mother's Day
(07:28):
the Friday before, which is our Mother's Day celebration, which
we consider to be a very important tribute to mothers.
Speaker 2 (07:34):
And I'm being completely honest.
Speaker 1 (07:38):
Paying tribute is important so that people gets as they say,
as the young kids say, so that people get their
flowers literally and figuratively. But also I think that a
lot of people listen to that. I like to think
people listen to that and go, hey, forty years from now,
I want my kids to say, you know what, let
me be a better mother, let me do more.
Speaker 4 (07:58):
You know.
Speaker 2 (07:58):
Maybe maybe I'm maybe those kids.
Speaker 1 (08:00):
Are getting on my nerves because I'm around them too long,
and I forget that I'm making their childhood here.
Speaker 2 (08:04):
Let me let me make it better.
Speaker 1 (08:05):
Let me challenge them, let me teach them, let me
discipline them, let me love them, let me spend time
with them.
Speaker 2 (08:10):
You know what this is.
Speaker 1 (08:11):
You're right, it's time. End't going to be here forever
and I'm spend my old years alone. Let me let
me make it great. So with that in mind, you
can call our line when we are off the air
and just say this is Bob and Nashville or Sam
and Tulsa, and uh, I want to tell you about
Mother's Day and my mother and tell your story, and
(08:33):
we would try to weave some of those in so
that our Mother's Day is not limited to whoever's able
to get in live at that moment. You'll take a
minute to think about your mother, So your name and
where you're calling from, and then whatever your Mother's Day
tribute is, and we'll try to work some of those
into the show.
Speaker 2 (08:46):
The sooner you call, the earlier we can get it
cataloged and make sure we use it.
Speaker 4 (08:51):
Now.
Speaker 1 (08:52):
That will be coming up. That's the Friday before Mother's Day.
I think that's May fifth. Is that my right room
huh may ninth. Okay, well, first move over, bud Light,
Nike has an even dumber idea. Not surprising, these are
the people who brought us Colin Kaepernick OutKick from our
friend Klay Travis is reporting that Nike is allegedly funding
(09:14):
a study on the use of puberty blockers and children
and how it affects their athletic performance. Came to light
after a New York Times story featured a transgender volleyball
player from San Jose State. In the article, the author
mentioned Joanna Harper, a biological male who identifies as a
woman and studies transgender athletes, and it goes on to say, basically,
(09:37):
they're trying to get They're trying to create this woke
program in support of boys playing girls sports. This is
just wicked weird. I mean, if the bud Light case
wasn't the talisman against stupid things like this, then hopefully
the Nike case will be WELCA two.
Speaker 2 (10:00):
Woke center, Welcome back to the studio.
Speaker 1 (10:04):
At halftime the LGBTQ NBA brought to you by Nike.
Speaker 2 (10:09):
Nike just blew it. Let's go down to the court
and Dick E V Dicky VI tell still doing games.
Speaker 4 (10:17):
How you doing, Dicky V? Oh, we got a transie,
get it handsy.
Speaker 2 (10:21):
He's in full twubble with the diaper Dan d transy
hansy diaper and the.
Speaker 4 (10:28):
Okay, thank you Dicky V. That shtick never gets old.
Speaker 2 (10:31):
When we come back, it's second half action. It's the
Hemns versus the shims.
Speaker 1 (10:36):
Tight at eight at half time, second half action comes
your way.
Speaker 2 (10:41):
No, we're really doing this. This is terrible, harn't it?
And with that we shall go to the phone line.
That's funny.
Speaker 1 (10:52):
The first call I looked up at it is just
the order that they came in a Bertha And we're
going to end the show with a discussion of Lulu Roan,
who was from he Hall for those of you old
know to remember. And I had I had set my
prep aside for that to be the last segment because
it's kind of a tribute to my mom.
Speaker 2 (11:08):
And you'll understand why.
Speaker 1 (11:09):
When when we get there in an hour and a half.
But uh, Bertha was Lulu Roman's birth name, and it's
just kind of I don't know if it's a god
thing as they say, but here we go.
Speaker 2 (11:21):
Bertha. You are on the Michael Berry Show. Go ahead, sweetheart.
Speaker 5 (11:26):
Yes, I hope you and your family are doing well. Man,
And I am curious what is the currency to back
up the bitcoin? If the dollar is gold, what is
back to the bit coin?
Speaker 1 (11:39):
Well, okay, this is a complicated question. I'm going to
attempt to answer that. To start with, the dollar is
not backed by gold. I'm not a bitcoin enthusiast.
Speaker 4 (11:52):
I don't.
Speaker 2 (11:53):
I don't want anybody to get confused here.
Speaker 1 (11:54):
I'm not a you know, there's those bitcoin bros that
are they're all about bitcoin. I'm agnow stick on the matter.
People can do it or not do it. That's completely
up to them. I'm not going to poopoo it. But
I'm also not going to promote it necessarily. But let
me say this. You first have to start with the
understanding that the dollar is not backed by gold. When
(12:17):
we went off the gold standard, that meant that was
the license to print money that had no value other
than what we will kind of nod agree is the value.
And when you are no longer limited in currency as
a representation of your gold reserves, now there's nothing to
(12:40):
stop it. And that's why we've seen runaway inflation, debt spending,
massive deficits year after year. So start with the idea,
and this sort of underpins bitcoin.
Speaker 2 (12:53):
Start with the idea that.
Speaker 1 (12:57):
None of your currency is act by anything in particular
other than the full faith and credit and good reputation
and those sorts of things, but none of them are.
The Bitcoin is a huge part, a huge part of
(13:21):
the See that's the government trying to kill me because
I'm talking about bitcoin and they don't want it. A
huge part of what preserves the value. And I'm not
a bitcoin expert. I have a friend named Tillman who
owns a company called the arch Public And what they
do is it is an exchange for bitcoin. They are
(13:43):
the software company and they clear that they clear your trades.
But what they do is they have an algorithm where
you go in and set your parameters. That way you
can make your purchases when you're asleep, if a number
hits where you wanted to hit, whether it goes a
certain low or certain high. You know, with the stock market,
(14:05):
you know day traders can be or traders at all
can be awake and alert and.
Speaker 2 (14:10):
Ready for a particular price to occur.
Speaker 1 (14:13):
With bitcoin is twenty four hours a day, so you
need an algorithm to do that.
Speaker 2 (14:17):
But let me go back. Hold on, let me say,
let me see if I can get.
Speaker 1 (14:20):
Him on the line, because he is he is a
guy that can think, and he is an evangelist for bitcoin.
Speaker 3 (14:24):
So but hold on, Before Biden came into office, we
had a legal immigration at a record low.
Speaker 5 (14:30):
Michael, it will be my policy to take down the cartels,
just as I took down the ices Calibania.
Speaker 2 (14:38):
Just playing so you understand.
Speaker 1 (14:40):
Maybe I am not a cheerleader for bitcoin, nor am
I a cynic on bitcoin. I have had my experience
with the bitcoin bros who can be a bit much.
It's sort of like I said about pot smokers. I
think if people would smoke their pod or do their
gummies or whatever else they do, and not go to
(15:03):
festivals and blow it on everybody else, then people wouldn't
have so much of a problem with it.
Speaker 2 (15:08):
But bitcoin is in the.
Speaker 1 (15:10):
News quite a bit today and it's it's constantly kind
of hovering, and I think under this president, you're going
to see that more and more of the case.
Speaker 2 (15:19):
Because he's a fan of it, that's clear.
Speaker 1 (15:21):
He spoke at the crypto conference he has he has
given kind of the the impromoter or imprimature, however you
prefer to say it. You know, the blessing to discuss
this openly and coming out of the dart has been
I got a lot of listeners. We have a show
sponsor called the Archpublic dot com and the owner is
(15:43):
a friend of mine, Tillman Holloway. He was a superstar
football player at the University of Texas, and he's from
a gold star lineage of His father was an All
American in football at the University of Texas and then
an NFL Hall of Fame as an NFL player, and
his other grandfather was a guy named.
Speaker 2 (16:05):
Jack Trotter who in Houston was a legend.
Speaker 1 (16:08):
And this guy was a deal maker, extraordinary, and everybody
in Houston above the age of sixty or certainly seventy
remembers this guy when he was the stuff of movies. Anyway,
So Tillman is my kind of guru on bitcoin matters.
And because this issue comes up a lot a lot,
I called him and was fortunate enough to catch him
(16:30):
free to speak to us for a moment. So Tillman,
the first question I want to ask you. We had
a caller going into the break and she said what
is bitcoin back by because the dollar is backed by gold, and.
Speaker 2 (16:42):
I explained, no, it's not. We're off the gold standard.
Speaker 1 (16:46):
But explain where the value of bitcoin comes from.
Speaker 6 (16:51):
Sure, yeah, thanks for having me. Let's start with.
Speaker 3 (16:55):
What is the value of money? What are the properties
of money that make it valueable? Scarcity is one of them.
We have to trust that someone can't print it to infinity,
that there's a scarce amount of them, because that creates stability.
Speaker 4 (17:12):
We have to have the visibility.
Speaker 3 (17:14):
It has to be able to measure a grain of
sand and the entire economy because it's an indicator of
that inflation.
Speaker 4 (17:22):
It has to be portable. We have to be able to.
Speaker 3 (17:25):
In a digital economy, move value very quickly across the
globe in a way that is efficient, doesn't cost a lot.
Speaker 4 (17:35):
It has to be verifiable.
Speaker 3 (17:37):
The money has to be something that we can verify
settlement and transactions. So the way we trust money right
now is through intermediaries, through other companies like the Visa network.
Speaker 4 (17:50):
Like Swift.
Speaker 3 (17:52):
There are third parties that charge a lot, that use
archaic technology to get it done. It takes a long time,
It injects a lot of friction into that said world,
economy and bitcoin changes all of that. Bitcoin is absolutely scarce.
There is only twenty one million that will ever exist,
(18:12):
and no one can print more. It's divisible down to
eight zeros beyond the decimal point, so you can trade
one sat, which is a fraction of a cent, all
the way up to transferring billions of dollars across the
globe for dollars and pennies. It's divisible. It can measure
(18:33):
in that you know, eight decimal points. You can measure
all the way up to a world economy. You can
literally put trillions and trillions of dollars into the network
and it can be measured very effectively. It's built that way.
It's portable. I can literally send that bitcoin anywhere I want,
any day of the week. No one can stop me.
It's peer to peer with no third party intermediary. It's verifiable.
(18:58):
The network of computers that make up any valuable company today. Google,
what is it? It's a network of computers? Amazon?
Speaker 4 (19:07):
What is it? A network of computers? Facebook? What is it?
Speaker 3 (19:11):
A network of computers? Bitcoin is a network of computers
just like all of those companies, but instead of it
being controlled by a central company that has their motives
in the forefront of their existence. This is a code
that every computer that wants to participate in a network
(19:32):
has to abide by the rules and has to use
the exact code, or it does not get into that
said network. That dickcoin network has grown over the last
sixteen years to be the largest network that's ever been
created by man, that's transferred more value trillions and trillion,
hundreds of trillions of dollars of value without one accounting error,
(19:55):
without one double spin.
Speaker 4 (19:57):
Error, from anywhere on the globe, to anywhere on the globe,
any day of the week.
Speaker 3 (20:03):
So it is by definition, the best form of money
that's ever been created. And when we used to measure
things against gold, we had limitations. Gold is not portable.
You can't send gold anywhere you want to any day
of the week without a great deal of security costs,
transportation costs, and if you send it via paper, there's
(20:27):
no final settlement. So you're making compromises on what we
value as the core characteristics of money with any asset
other than bitcloin. So that's kind of the way I
look at it. And so when you buy into bitcoin,
you're buying into a network that is the largest on
Earth that can achieve transactional finality in a very short
(20:49):
period of time, which is on average twelve minutes. So
it's like being able to send cash in an email,
and once that person opens up the email and pulls
the cash out, you can't.
Speaker 6 (21:00):
Get the cash back. There's no chargebacks, there's.
Speaker 3 (21:03):
No fraud on the credit card, there's no friction, it's
finally settled. So that value in that network is constantly
being recognized by the biggest players in financial spaces because
that value has real world implications that allow you to
scale tremendous capital into it and build financial products off
(21:24):
of it.
Speaker 4 (21:24):
And we've seen the largest growth over the last year.
Speaker 3 (21:28):
Of ETS in the history of ets. The most successful
ets are all Bitcoin based ets, and ets are being
added for all the peripheral alt coins on a daily basis.
It's literally the fastest expanding financial market that exists.
Speaker 4 (21:43):
Why.
Speaker 3 (21:44):
Because people demand volatility and people demand final settlement.
Speaker 4 (21:48):
People are demanding that the printing of.
Speaker 6 (21:50):
Our cash come to an end, and at.
Speaker 3 (21:53):
The very least, they want to hold something that gives
them the truest indicator in real time of the globe
inflation rate of anything that man's ever created, So that
is kind of my you know, sorry for the soapbox,
but that's why bitcoin is valuable.
Speaker 1 (22:10):
No, I think it's important. I think it's like a
number of other things. You know, the deep state spying
on us would be another good example, or what actually
goes into the COVID clot shot. It's one of those
things that nobody really understands it, but nobody wants to
admit it, so they just kind of loosely refer to
(22:32):
bitcoin and whether it's good or bad. And part of
the reason the bitcoin bros become so annoying is once
you dive in and actually understand the system, whether you
forward or against it, once you dive in and actually
understand it, it has so many things that are exciting.
Speaker 4 (22:49):
You know.
Speaker 1 (22:49):
You talk about the portability or the fungibility or the
the and you don't even get into the fact that
the government can't control it the way they can the
currency and we've seen that with good monetary policy. Then
there they are the ones that are excited and nobody
else knows it, and you know they begin evangelizing.
Speaker 2 (23:04):
Hold on just a moment till On Holloway.
Speaker 1 (23:05):
His website is the Archpublic dot com Michaelberry.
Speaker 2 (23:12):
Show how how long we can keep him because it
was on the fly.
Speaker 1 (23:18):
But I got a call from Bertha asking me about bitcoin,
and rather than me answer I have I have a
limited understanding of bitcoin, I said, let me call you
the guy that Let me call the guy that I
trust on the matter. And he spent more time on
bitcoin than anybody else I know. He has a company
(23:39):
called the Archpublic dot Com that clears it's a software
company technically that clears your bitcoin transactions. And maybe if
we have a minute, I'll ask him to explain how
that works. It's fascinating. We've had more than a few
conversations about this because he was one of the guys
that could break it down and make it easy to
(24:00):
me without hyping it anyway. So Timan Holloway is our
guest the archpublic dot Com. So, Tim, I think the
biggest question and this is, you know, we've all seen
the multi level marketing schemes and scams take off. We've
all seen people try to chase dollars in growth with
(24:20):
these crazy and that's how people get into the Bernie
made Off trouble, and that's how I get into Alan
Stanford trouble, and you know, something sounds too good to be.
Speaker 2 (24:28):
True, it's usually not.
Speaker 1 (24:30):
And you got to ask tough questions, and you've got
to be cynical or at least skeptical. So I think
the biggest question people would have, and I think this
was why the earlier caller called in and I wanted
Toman to talk about this, is this fear that you
put money into bitcoin and then it's just gone. What
happens to keep it from just evaporating? And we've seen
(24:50):
these pump and dump schemes with these you know, the
the uh uh hawk to a girl and different famous
people who put cha coin or something and then everybody
puts their money in and all of a sudden boop,
pumping dump, they get all the money in, they run away, and.
Speaker 2 (25:06):
What can we do about it?
Speaker 1 (25:07):
So speak to that and try to be sensitive to
the fact that there are very smart people who can't
figure this darn thing out and they're scared. And I
think this probably keeps money out of the market that
could be the bitcoin market, that could be, you know,
but I do because they're scared that one day somebody
turns off the switch and there's no bitcoin left.
Speaker 3 (25:27):
Yeah, so you ended the last segment with saying that
there is no central party like a government that can
shut it down or control it, and you're one hundred
percent right, and that's what makes it special. The network
that I was referring to as being the biggest network
that's ever been built to handle final transaction settlement, that
network is being operated by free market dynamics. There are
(25:51):
a group of people called miners, and those miners are
people who have plugged computers into the wall and given
a one hundred percent of that capacity of that computer
to the network, to the Bitcoin network, and that is
what provides the security, and that's what is that's what
prints the next bitcoin out of the twenty one total,
twenty one million total that will ever be created.
Speaker 6 (26:14):
So when you're a minor, you get rewarded for that
computational power you're giving to the network in bitcoin, and
that's the birth of the new bitcoin that come onto
the network. That will stop at twenty one million, and.
Speaker 4 (26:27):
So there will be no more bitcoin.
Speaker 3 (26:29):
Mind, that's the scarcity factor of bitcoin that drives the
price up. So the network itself can't be shut down
by any individual. It's it's millions and millions of people
on every corner of the globe. Let's just say there was,
you know, the worst event that you could imagine, where
(26:49):
there's a global emp that there's no technology anymore, Like
you know, if your money's in technology, that would be
a question you would need to ask in terms of
worst scenario.
Speaker 4 (27:01):
Well, here's the reality.
Speaker 3 (27:02):
The second one person put the code that is called
the bitcoin network to use on the network, the network
would immediately start off.
Speaker 4 (27:12):
Right where it left off. It's unkillable, it's.
Speaker 3 (27:16):
Been birthed, and it's etched in stone for all eternity.
Those blocks that have been created that we call the blockchain,
that make up all of the birth of that bitcoin,
they can ever be clawed back, they can never be killed.
They're here for good. So it's a secure of a
financial network as we've ever created by man. And if
(27:38):
you're talking about like why you should own a piece
of it, well, why should you own some gold, or
why should you own stocks, or why should you own anything?
You should own it for its appreciatory value. It's had
an internal appreciation rate of every year of over one
hundred percent on average.
Speaker 6 (27:57):
It's outperformed every other asset class.
Speaker 3 (28:00):
And on top of it, you control it absolutely. It's
like an emergency fund that you have buried in the backyard,
but you don't have to dig a hole, and you
don't have to dig it up. It's electronically buried. So
it offers a convenience that no other tangible asset provides.
And if you keep a lot of if you want
to keep an emergency fund at your house, there's risk there, right,
(28:22):
And if you keep cash at the house, there's risk
in that. You can do the same thing with bitcoin,
but instead of the cash that's losing value, you can
have bitcoin that's growing in value because it's becoming scarcer
and scarcer, and because the global money supply continues to
go up, and those two factors make bitcoin's price, you know,
(28:43):
consistently gone up over the last sixteen years.
Speaker 4 (28:45):
So don't believe me.
Speaker 3 (28:47):
Believe people that are much smarter like Larry Saints, who's
you know, the sounder of Blackrock, and he controls as
much bitcoins as anybody on the earth through his ETF fund.
So they put their due diligence. You know, they've set
the bike bar very high. It took traditional finance extremely
(29:08):
long to get into bitcoin. Well, now they're not just
in they're in the deep end with both feet and
they are creating tremendous momentum in the space because of
their efforts. So it's the bridge of the traditional finance
world with this new digital finance world. But you can't
get rid of It's inevitable. It will take over everything
because it's more convenient, it's quicker transactionally, it's cheaper transactionally,
(29:33):
it requires no human beings, and there's no errors that
ever take place, So it's just superior in almost every way.
Speaker 1 (29:41):
Tilman Holloway is our guest. His company is called the
Archpublic dot com full disclosure. They are a sponsor of
our show in Houston, and they are a software company
whereby you will get into that in a moment if
he has time where you can make trades on there.
Speaker 4 (29:57):
But he is.
Speaker 1 (29:58):
He has been studying bitcoin for you years long before
you own a company in the space. And I'm going
to tease a subject because we're short on time here
that we'll get to in the next segment. When I
got up, well, I'll see it. Let me just lay
that out and then give you the break. Can you
stick with us?
Speaker 4 (30:14):
Tillman sure? Okay? And by the way.
Speaker 1 (30:17):
If anyone wants to communicate with Tilman or see his
website or whatever else, it's darchpublic dot com. But I
understand a lot of people are driving. You can email
me through our website, Bmichael Berryshow dot com. And if
you email me about any of our sponsors or anything else,
I will forward that either in this case directly to Tillman,
(30:39):
the head of that company, or for anything else any
of our other show sponsors. If you want to be connected,
I know the heads of each one of those companies,
and I'm glad to connect you.
Speaker 2 (30:49):
But here's the two things I want you to think
about during the break.
Speaker 1 (30:52):
So I get multiple emails on the market on all
sorts of things. And one of the things I saw
this morning from the Wall Street Journal was quote President
Trump is signaling that he will blame the Federal Reserve
for any economic weakness weakness that results from his trade war.
(31:13):
He might also be seeking to delegitimize the historically independent
institution in a way that could undermine its effectiveness.
Speaker 2 (31:21):
I hope so. I hope so.
Speaker 1 (31:24):
Because they need to lower the interest rate to spur
economic activity the way they did for Biden, and they're
not and they kept it too low for too long,
which led to inflation. We'll talking about that, but part
and parcels separate story, but I think they're tied together.
President Trump's pledge to make America a quote bitcoin superpower
end quote has set the stage for crypto to become
(31:45):
more intertwined with the banking system.
Speaker 2 (31:48):
So whatever you may think.
Speaker 1 (31:50):
Of my buddy Tillman Callaway and his bitcoin fascination, you
better know the President of the United States has committed
to bitcoin and making us a leader in the world
in bitcoin. And if you don't think that's going to
have some effect on the legitimacy of bitcoin, you're not
paying attention.
Speaker 4 (32:08):
Coming up,
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