Bitcoin Today Recast 4/16/26

Allow me to make one point.

This is Bitcoin today.

This is Bitcoin today.

Price is determined the value of money.

To the bank in Sabah's face,

you're the only one

don't central like a candy face.

In other words,

scarce and true.

In other words,

Bitcoin, I love you.

Fill my heart with sad.

Let me start forever more.

You're the only asset that I dream of.

I want more.

In other words,

harbours strong and harbours well.

In other words,

never sell.

This is Bitcoin today.

Not Bitcoin today.

This is Bitcoin today.

This is Bitcoin today.

This is Bitcoin now.

This is Bitcoin.

This is Bitcoin now.

This is Bitcoin now.

This is Bitcoin on fire dark.

I don't know about fire.

Fire.

It's been on fire sale lately.

Now,

let's not forget about paper bitcoin.

Never forget about paper bitcoin.

Last we forget.

Crazy stuff.

How's it going guys?

What's up?

We're going to start with the first

event.

We're going to start with the first event.

Let's start with the first event.

I'm going to start with the first event.

Last time.

Last time.

I did a couple of different times.

I was trying to do 45 things.

I missed dark.

I think I was there the first hour,

and I left,

but I think dark and the gang showed up later.

Evening space is now.

That's insane.

Evening space.

Just on Wednesday.

So once a week, Tomer, Chad, who's here,

total is hosting at 7 p.m. Eastern time.

I don't know what time that is in the attic, but 7 p.m.

Well, if you're in Newfoundland, it's half hour ahead.

I also wanted to tell you, Tomer, that if you ever went on

a walkabout or a vacation or whatever,

and you didn't move your Bitcoin for a while,

I would never freeze.

I would never vote to freeze those Bitcoin.

I would allow them to be there for you when you return.

Even if I went for like two weeks?

Yeah, oh, yeah.

I would just say, you know what, he might be back.

He worked hard for those.

Those are his.

Let him do what he wants with them.

Yeah.

Allowing me to make one.

I managed to catch a little bit of that during my travel

day yesterday.

It already seems like it's over.

That was a allow me to make one point.

Yeah, go ahead.

Was that you, Chad?

Was that you weighing in on the space last night?

Tomer?

I didn't join in on any space.

I don't know that interesting voice was.

It was very sophisticated sounding.

So it wasn't me.

Well, he interrupted you whoever it was.

So sorry, proceed, and then we'll go to Chad.

Are you sure that wasn't you and your soundboard?

Oh, a lot of the way, Tomer, we actually didn't

talk about that topic much.

Not that we have to do it today.

But we're talking about the new bit to freeze.

They're three, three, six, one.

Yeah, we didn't.

We mentioned it, but we got into all the other stuff.

Terrence, it's on our list.

People think we actually script this thing out.

We free ball every episode, ladies and gentlemen, except

tomorrow's.

Yeah, I'm free ball in right now.

I know, I know that.

Anyway, back to Tomer.

And then let's hear from Chad regarding the space

last night, Tomer.

Well, I mean, I don't have much to say.

I'm playing catch up on.

I was in a little listening mode in about 10 minutes

for about half an hour.

And then I'll see if there's any useful participation.

No problem.

But I really have been out of touch

with the state of the world for the most part.

I occasionally would touch.

I'm jealous.

Twitter.

And it was so dark.

Everything was the end of the end of time.

So I just decided to enjoy my end days.

But I came back and everything was still here.

Yeah.

So are you nice and sun-tanned?

Or how was vacation?

Yeah, it was very good to spend 10 days in the Caribbean

with my wife.

Oh, did you do a testicle tanning like all the corners?

I did not.

The sun was really hot.

And I was coming from a winter of non-exposure.

So I had to test out other parts of my body first.

Test out.

So there's sensitivity to sun exposure.

He doesn't frequent the same places you do, Terrence.

So sorry about that.

No nudist colonies.

I'm with you, Terrence.

I think it'd be cool to talk about that BIP 361.

But first, Chad, good to see you, man.

Sounds like last night your inaugural show

was pretty successful.

Oh, we had a great time.

Thank you.

And so are you trying to pop in and appreciate that.

But good morning, everybody.

From Block 945-344.

Just a public service announcement.

The Bitcoin is engineered scarcity, scaling through time.

I love that.

And if we get a chance, I'd like to spend a little time

with Dark talking about Gamma Walls

and the importance of those around with the ETFs

and what they actually do.

And then, Toma, great to have you back.

One thing you missed when you were away

is Giovanni joined us.

And I started a conversation with him offline.

I haven't heard back from him since, but we did connect

about the importance of the difficulty adjustment.

How really that and all the inherent things

that Satoshi programmed through the code

and the adjustments he made in the time

that he was state involved are really the crux of what

we should be studying scientifically.

So I'd love to DM you and at least get your take

and see if you can improve my data or all that.

But the importance of the difficulty adjustment

just can't go as understated.

Yeah, I mean, the difficulty adjustment is really simple.

It's like two or three lines of code.

And it's really simple.

And it just basically says how fast with a blocks

and adjust the difficulty by a percentage

to make that previous period be back to 10 minutes.

So, you know, if the blocks.

In theory, I agree.

But where it started to get really interesting

when I got in the data was like, you know,

the first window was one to 2016.

So that code wasn't perfect and had to be adjusted,

I think, by as of 5.84.

And then we got to take it offline with you.

But there's just some fascinating high products

from this.

I agree, it's such a simple concept.

But the brilliance of the chart and the implications

are just so profound.

And nobody, I don't think we're there looking at it

with the lens.

That's why I want to take it back.

So I mean, I'll agree with you.

I don't have anything to disagree with you on,

but I would add the stress.

Understanding the brilliance of programming

and the difficulty adjustment that had no upper or lower,

I mean, has lower bounds of zero difficulty or one difficulty,

but has no upper bounds and then setting the system free

on its own.

This is really, Bitcoin is the only system that doesn't allow

you to adjust it, but it takes care of adjusting itself.

You know, like every other system in the world,

if you're in an airplane and you fly higher,

you have to change the richness of the fuel mixture,

you have to make many adjustments,

or you have to automate some kind of adjustments

to adapt to the external environment.

And here is an adaptation capability that the system has,

which is fully automated, and you can't intervene with it.

If you try to, on your note, make the difficulty higher

than the automated setting, then you will fork off the network.

And if you make it easier, you risk someone giving you

a fake block that doesn't do the full proof of work,

so all you can do is leave.

But Bitcoin is, you know, I wrote in one article

that it was self-replicating technology,

the first self-replicating technology

mankind ever made, and self-adjusting,

the first real self-adjusting system.

And that's kind of what makes it so alien,

because there's so many things it does

that are so different from any other technology

that we have, so it is profound.

But yeah, well, we can have an offline conversation

about it, or a more structured online conversation

sometime later on.

Sounds beautiful.

I just wanted to say, you know, in that vein,

what's briefly fascinating the data that I saw,

was that it remained at one through 2009, roughly speaking.

And then it seems like it went offline

for like a period of about four months

between August of 2009 and then 1230 of 2009.

And at 1230 is when it started adjusting upwards.

So I have a theory that at 1230 or nine,

in a lot of ways, is when the Bitcoin that we know

and love and respect and is the genius, I believe,

in some ways really came online in 1230 or nine.

And that's what I want to explore with you

and make sure that the data's right

and that I am reading this right,

because it's just fascinating.

Okay, Wigget has a few really interesting videos

on his site that show the difficulty.

There's one in particular that shows the difficulty

adjustment and the hashes from Genesis up until,

however late, he's updated it too.

I don't know if he's got it automated that keeps updating,

but it's really useful.

And he had a theory at one point that he thought,

Satoshi may have re-orged the network in the early days

where there was hardly anybody mining

because, well, he's got his theory

and I can't remember all the reasons,

but it's kind of hard to prove one way or the other,

but it's plausible.

So, yeah, I'll happy to talk with you

at some time soon about all this stuff,

but you can check, you can double check your numbers

by watching his video.

Chad is, hey, let's take this offline there, Tomer.

Chad also, let's keep talking about this, Tomer.

Just kidding, Chad.

Yeah, we're talking about what we're gonna talk about

when we go offline.

Right, it's like announcing an announcement.

I would like to announce an announcement.

Now, I do wanna go through and say hi to everybody,

but also we can dive back into this

and I also do wanna talk about what Terence brought up earlier.

One of the Vartee girls, I believe I pronounced that correctly.

Right, Terence?

Wrote a message.

Go ahead.

Yes, that's right.

That was right.

Okay, thank you.

Thank you.

Saying there's some newbies in here.

So, if we do dive into something a little deeper,

maybe we also throw in the Bitcoin for Dummies version

of it as well for folks like me.

But I did mention the girls, so I will just...

I'm looking for a man with...

Play this for them, say the question.

I'm looking for a man with Bitcoin.

You're welcome, anyway.

Hunter saw them last night, actually.

Oh, I told that go.

Both of them.

He was with twins last night.

Yeah, it was great.

The Vartees are great.

Jay, their father and their mom.

They're just great people and my friend Natalie showed up.

Natalie is our daughters dance together

and play sports together

and Natalie's good friends with my wife.

So, she came and I'm sure she wasn't sure what to expect,

but she ended up closing the place with the Vartee family.

So, she had a good time.

But Natalie's new to Bitcoin.

I see her in the audience down there.

And, you know, so maybe we can do something.

Bring her up.

Yeah, for basics.

Well, she just joined X today as well.

So, there's a lot of change in the Natalie's.

So, that's what she's brand new to Bitcoin punchers.

That what you're saying?

Brand new to Bitcoin, brand new to X,

brand new to a lot of things.

And Eric Rice put a laughing emoji up.

So, I don't know what he was laughing at,

but that's funny stuff for some reason.

Eric, why are you laughing?

I was laughing at the song you just played.

Oh, it's for the, they requested it.

So, you know, we do aim to please here.

You turn out some brilliant Bitcoin songs

out of the middle of nowhere, sometimes they're hilarious.

You know what I found out last night?

The guy, who's the guy, the big afro dude?

Is going to be at the...

Afro man.

I didn't know.

He sings that song.

I was going to do this, but then I got high.

That's just the song.

I was just gonna say he might not show up, puncher.

Well, he got high.

Or he'll go to high places.

He's like, woo.

Yeah.

I got too high.

We also have Lauren showing up.

I'm not sure if I was supposed to dox her or not,

to our party, to our Bitcoin today party.

She RSVP'd.

So, that'll be fun.

Hey, a lot of confusion around the logistics here.

Where is the Bitcoin today party?

We were trying to hold the cards close to our chest

as we've had death threats, literal, and other.

So, we wanted to kind of curate the...

From who, Fred?

Come on.

Can't take this.

No.

What?

No.

We're just trying to use that guy.

No, I want to stay out of that drama.

It's a waste of life, energy, and life force.

So, no, it's gonna be in the...

There's probably about two or three different places

inside of the Venetian.

And based on the RSVP list that we currently have,

it'll probably work in the place that Terrence and Shannon

are talking about.

So, Terrence, if you want to say,

I don't know if I remember the name,

but that's probably where we'll end up.

Go ahead and give us more info on that Terrence,

if you will.

Yeah, a bunch or so.

If you remember that main area

where everyone sort of walks that big hallway away

from the conference and there's just bars and restaurants

left and right.

One of them right there is Jolina,

but it's spelled GJ.

GJ.

Jolina.

It's actually a popular place out here in Venice,

but for some reason they have one there in Vegas.

And so that way, you know, some people can eat.

There's tables, whatever.

There's a big bar, but it's also potentially too small

for the number of people that will show up,

but that's okay, because it's so big on the outside there.

People can just kind of stand around and drink and talk

or just walk across the other side of the hallway

where you, me, and Lauren and a few others

had had drinks at one time, puncher.

So it's just kind of a general communal area that's very,

we changed it up because we just wanted more cash.

So we're not last year.

We actually had a big old bar tab that we paid a few thousand dollars.

Thanks Eric for that for most of that and whatnot.

This is, you're going to buy your own drink.

So we just basically picked a spot that we know we can,

we didn't reserve it or anything.

So we're just going to kind of flood it and out of there.

I don't think obviously everybody will be there at one time.

So I'm sure people will kind of flow in and out of there.

So at any given point, I don't think we're going to have,

you know, more than 50 or so people there.

Yeah.

So if we do, there's overflow, like Aaron said.

Yeah.

But I suspect a lot of people will be showing up later

because there'll be other prior events.

For sure.

Or didn't.

Anyway, that sounds good now.

Are they aware that we're going to be,

you know, taking over their establishment

or is it just kind of first come first serve?

Yeah, it's first come first serve.

Because otherwise we have to plunk down several thousand.

So that's what Terrent said.

Like if we want to overflow into that hallway

and then there was the bar right across where we,

I think we have photos from last year

in front of that place too.

So we can always mingle in the hallway there

and there's other places to just kind of socialize.

But the nature is nice.

I'm sure it's $90 a drink too, right?

Probably.

We can go to the Noster Party the next night.

We've been invited back.

So if you guys are interested in that,

I can put you in charge with the promoter.

I've been in contact with him and he says,

yeah, please come back.

So that would be the next night.

We can do that as well.

If you're.

That was the place we got to see Tomer dance, right?

Tomer lit up the floor.

Yeah, he was floating.

He was, he was floating two feet above the floor.

More ways than one.

Yeah, it was amazing.

Last week.

That sounds good.

Well, you know, I'll, I'll, I'll slap some cash down

on the bar, some OG big corners.

I'll, I'll, I'll throw a couple of bucks down and then.

Well, hey, punch last year.

We got three drinks in Vegas, but that's okay.

We remember we actually let the girls use the bar tab

and maybe that would be a good idea again

to try to get more females into the picture

is maybe if you're going to buy drinks for anybody.

Ladies first is a good rule of thumb.

Copy that.

And I know how to save space.

I grew up in Philly.

And if you don't know this about Philly, everybody,

everybody, it's an orchestra.

Literally the whole neighborhood down the,

the really narrow city street block are double parked.

It's just, there's just no parking in Philly.

So people put white, those white plastic lawn chairs out

to reserve their spot.

And like if you move along chair, it's like, it's go time.

People, people, most people are stupid.

Now I'm not in Philly, they're not.

Most people are very, very, very concerned

about their parking spot.

So I'll put out some white lawn furniture.

So everybody knows that that's where we're going to be

in Vegas.

Wonderful, brilliant idea.

Yeah, Puncher, remember an Eric, Eric Rice and Thomas

remember too.

And at Bitcoin Alpha outside of the main event,

we just all showed up there at big mics, right?

That big, that bar right on the beach.

And we didn't plan ahead or anything.

We just took it over and there must have been 60 or 70 of us.

So I expected to be just like that.

There wasn't related to Bitcoin Alpha Terence.

It was Bitcoin data.

Yeah.

Thank you.

That was the beta version.

Thank you.

Yeah, and that was, that was an awesome time, actually.

And we did just walk in, take all the bar seats

and all the tables and within an hour and a half,

it was completely our place.

Yeah, and a rock star showed up, shout out, Sarah.

I won't mention any last names.

She's listening right now.

Yeah.

And Eric, we'll go first.

All right, well, sounds like a plan.

Hey, dark, what's on your mind?

You got it, you got a Melvin.

It's something on your mind, brother.

I don't know, really, man.

I'm just chilling doing some work here.

Hey, Shannon popped up here, too.

Oh, yeah, we can have dumb blonde too, Shannon.

Interject on this.

What's up, Shannon?

Fight me.

Did you say fight me?

Yeah.

I have a run.

It is Vegas.

It is Vegas, if anything goes.

Is Puncher now coming to Vegas?

Am I hearing that right?

He's always been going to Vegas.

What's wrong with you?

Yeah, try to pay attention.

Oh, I thought, I thought you said,

you weren't going, Punch.

Dumb blonde.

I wasn't going to go.

And then I'm now I'm going.

Yeah, it's a free country.

Again, fight me, Terrence.

That's all I wanted to know.

I'm very excited.

By the way, and reminder that on the Sunday,

for those who are coming in that day as I am,

it's Humboldt's birthday.

It's good information.

It's not a free birthday.

Sunday night, Humboldt party.

24, 25.

What's your turn in?

21, 27.

Is it the big one?

27.

Oh, allow me to make one point.

Go ahead.

Who's the real person that was that group from my house?

AC, did you want to say that?

Yeah, was that group?

Oh, yeah, did somebody group?

Is that this pickable me?

Is that who's who's who's voice was that?

You know, you're a bunch of fucking Rita,

don't even know what the fuck I'm doing, if fuck.

That is grew.

It's a big one.

Is that the big one?

What's the big one?

What is that?

3-0.

You're allowed to drink?

3-0.

We can buy you a drink and you're 21st.

For sure.

Yep.

I'm looking forward to it.

Apple tea is for everyone.

I won't be there, Lauren.

But I'm going to send you a little cash to buy a few drinks on me.

Oh, thanks, buddy.

Thank you.

Oh, gee.

Stand, stepping up.

Nice job.

Yes.

Eric and I go ahead.

Sorry.

I'm actually sending Bitcoin, though,

because I do not want anyone drinking away my Bitcoin,

but I will send for you.

Are we still looking at some karaoke action as well?

Somewhere?

Shannon?

No, I think that fell by the wayside,

and I'm emotionally distraught,

but I'll be okay.

Are you going to sing Night Ranger by Sister Christian for us?

Or the opposite?

Soon?

Shannon?

Why that specific choice?

I thought that's the one that you always do.

Pink pony club.

Come on.

Creep up.

I don't have a go-to.

What does everyone's go-to karaoke song just out of curiosity?

Summer win by Frank Sinatra.

New York.

Frank Sinatra.

That's the one I...

I might break out.

Rapper's delight.

Oh.

Oh.

Come on.

We have to do...

Did you hear that?

Did anyone catch what Puntra just...

We have to do...

I mean, come on.

Seriously.

I mean, I'll do like gangster's paradise.

I think I'd need someone to do that with me,

but, you know...

I used to know all the...

Jack Daniel.

I could bang it out.

It's been a while, so it might be a little rusty.

Great discussion.

There we go.

Darks Q in it up now.

Oh, thank you.

Maybe it was...

There we go.

There's some sister Christian.

That song's lame, come on.

Oh, but it's a good karaoke song.

Okay.

Now back to the show.

All right.

Let's say hello to Thomas.

Shannon's not going to sing that song.

She'll do whatever I tell her.

No.

Go ahead, Thomas.

She won't.

How are we doing, everybody?

Just enjoying the morning dive bar.

Yeah.

Yeah, I'm sad I can't...

I got a scuddle conflict for Vegas.

I can't be out there this year.

What do you got like a costume party or something?

No, my wife's got a...

Herdery.

So she's got...

I got to be...

I can't like say, okay, you...

The scud of the hospital without me.

I think that would be a...

Not a best practice.

They have doctors and nurses there, though, Thomas.

Are you a doctor or a nurse?

They used to call me Dr. Love, but that was...

Oh, wow!

The show is quite interesting this morning.

Spicy.

It is spicy.

Dr. Love.

I highly advise you to definitely go with your wife.

That is the plan.

Two people is not a chapter, right?

It's the theme.

That's me.

Dark is on point this morning.

Two Shay, dark side.

All right.

Enough of this, Tom Flour.

Let's get down to some real Bitcoin dimmerism.

Yeah.

Guys, seriously, who...

Someone tell me where the Bitcoin server is.

Let's get down to business here.

Like, this is...

We need to figure out where the Bitcoin server is.

Yeah.

We can figure that out, baby.

I hate to expose it, but it's...

It's on my desk on the second floor, Eric.

Right there.

The whole blockchain.

There it is.

The third floor of Langley.

It's right there.

I'm going to quantum mine, Satoshi's coins.

If you live in a place that has clear skies,

the cloud computing is not really going to work effectively.

Allow me to make one point.

I'd like to take this opportunity to announce

that I'm going to be launching a series of mean coins

around the pork roll, like, and cheese sandwiches that I'm going to...

Too soon.

Thomas.

Too soon.

Can't think to joke about that.

No, because you really should just have your AI do it,

so you don't have any responsibility for the actions of the AI.

And yet another example of one of the true purpose

in the AI rollout, which is plausible benign ability.

Even better is that have your AI create another AI

that doesn't then you have, like, degrees of separation.

Full immunity.

I might have an unpopular take on mean coins,

but because I lived through the whole ICO scams

and all of the altcoins and all the crypto

and all these projects that said that they were a better Bitcoin

and that they would solve a problem that really didn't exist

and that really no one else had.

And that really confused people.

It's like, if you're buying these coins that are called, you know,

Donkey Butt or whatever, and it's going to a place called pump.fun.

I mean, is it any different than just walking into a casino

or sports betting or...

I mean...

Places determine the value of...

I mean, wait, I feel like who's going to lose their generational wealth

or get confused that that's supposed to be Bitcoin?

I don't know.

I'd like to defend the casino industry

and say that you have a lot of better chance of winning.

If you're walking to the casino and bet on red,

then if you play in pump.fun.

The auto lose.

Yeah.

The liquidity pool is bigger.

The other thing that's nice about the casinos

is we let you come and visit your money anytime you want.

You're always welcome back.

Plus a shrimp cocktail.

Ooh, I love me a good cocktail.

Yeah, Terrence, to your point, I mean,

there's a meme coin called, I'm going to rug you.

And I suppose if you buy that,

I mean, the disclosure is right in the title.

Well, yeah, imagine what we call social Darwinism.

Yeah, imagine standing up in court, right?

Like you're trying to sue someone because you lost...

Hey, Your Honor, yeah, I lost my money to...

I'm going to rug you.

It's like he's just going to laugh you out of the court.

You put all your money and I'm going to rug you

and now you're trying to sue the people that made...

I'm going to rug you.

So...

That org.

Yeah.

I mean, isn't that the whole game of meme coins?

Don't everybody just...

Doesn't everyone just try to buy early as fast as they can

and dump it on someone else?

Isn't it like a hot potato game?

Just a hot potato game.

There's no utility.

Everyone's looking for the next fart coin, right?

Because if you did it with fart coin, you know,

it exploded in value.

It was quite sloppy.

That's...

Wow, fart coin.

But, you know, it's the fart coin, Shiba Do.

There's just a few that went into the $1 billion category

and people are looking for that kind of rich quick.

It's not an unlike final lottery ticket.

But people shouldn't put their life savings in the lottery.

I mean, put $10, $5, whatever, and treat it as such.

But that's what I...

You've sheep...

You've sheep eating you out of this.

When that gets to a dollar, I'm worth $185 million.

Sorry.

Some of me, there's a chance.

I have about $100 million, Shiba.

So, I might not be as wealthy as you,

but I'm going to be able to, you know,

have someone peel the grapes and feed them to me.

Hey, I got a request.

My friend Natalie is new here.

She's just...

She was at the event last night,

and everybody was probably trying to orangepill her

in ways that maybe are a little too aggressive or too much...

You mean the depository?

The depository?

No, no.

So, who of the great Bitcoiners here wants to give

the five-minute elevator talk on what Bitcoin is

and why you should own it,

and why it's different from every other shit coin?

Can she come up here?

It would be easier if we could ask her a couple questions.

Okay.

Natalie, on the bottom left of your screen,

you're going to see like a little microphone,

and that's a request to speak.

And if you...

Come on up.

We don't bite and just say,

hey, you know, here's who I am.

And, you know, I sent her a couple videos

which she watched.

And that's a great sign.

I gave her Joe Bryan's,

what is the problem?

And then I gave her...

God bless Bitcoin,

which is a big high-level kind of overview

with some of our friends who did a nice job

putting that together.

So, she's watched those.

I'm about to give her the master's class

maybe, I don't know,

a breed-loving interview with Jack Boother

or Sailor maybe,

to work through,

but anybody want to give her the...

Terrence, why don't you give Natalie

the high-level Bitcoin?

Oh, wait.

Hang on.

I see her.

Is that her?

Hang on.

Let's load her up.

Natalie, you have a mic on the bottom left

that you can click when you want to talk,

can you hear us?

Hi, everyone.

I can hear you.

Thanks for having me.

Was your mind...

Could you hear me?

Was your mind blown last night

or was it a little too much

and did it feel like a cult?

I've heard this word cult

be thrown around a lot in the last night.

But no, everyone was so welcoming,

so inviting, so much information.

Kevin has shared some of the videos

and I'm just learning a lot

and my very first morning on X

so everything's kind of a learning curve.

But I'm just happy to be here and listen and learn.

So, Natalie, I have a question for you.

How do you save?

I don't know what you do for a living,

but how do you save for the future?

Many different ways.

I have various investment accounts.

Lots of ETF stocks, cash.

Yeah, normal savings.

And how do those savings work for you?

Do you like and do you research those companies?

Do you have a broker?

You just passively invest or...

And what are you saving for?

Well, I'm saving for retirement.

And I'm familiar with investing

and I just tend to buy and hold and set it and forget it.

Are you confident on when you can retire

based on how the prices of all of your goods and services

are going up over time?

Are you confident that you saving

with your current investments will...

You can reach your goal.

Do you know when you can reach your goal?

Well, I don't know if I'm necessarily ever retire.

I just save for the future.

You know, try to create a good enough nest egg

so I can be financially independent.

I mean, that's ultimately my goal.

So I don't necessarily have a set date that I plan to retire.

So when I say I save for the future,

it's more just saving for my financial independence

and securing my future.

And do you have any hobbies or side hustles

or things that you do outside of your main occupation

or is that just your single income source?

My focus is my family.

I have three small children.

So they are my hobbies.

I don't really have much time outside of my children.

They keep me pretty busy right now.

And are you confident with whatever amount you're saving for them

will be adequate for them for the future,

for education, cost of housing, whatever,

based on the direction of prices?

Yes.

Okay.

I started saving for them when they were babies.

So you're doing pretty good.

You're not struggling financially and you're comfortable.

It's the system, the dollar system that you live in

and work with tends to work for you.

You have a bank.

You can buy things when you want.

Yes, I mean, I'm in transition.

Oh, continue.

I think I cut you off.

So his parents.

What is the different way?

Yeah.

What does that mean you're in transition?

I'm in a transition period just with my life and my career.

And so I'm looking to maximize my own wealth as I'm going through

a recent separation.

So I'm just looking up how to best set myself up financially

independently from a spouse.

And that was like super talented,

but she's going through a little rough patch.

And, but she's an awesome person, super talented,

but she's looking for like a new, you know,

a new, a new gig right now.

Copy that.

Don't tell Terrence your single.

He's going to swoop on in there.

So they, so it sounds like the only real friction you have

right now financially, which is, which is great.

You, you seem to be doing well within the system,

which a lot of people do over in Western states and then,

you know, in America and whatnot compared to the rest of the world.

The biggest point of friction at the moment just tends to be

because you're going through a relationship change.

Yes.

Okay.

So this is why it's more difficult for smart people and people

that are doing well, especially in the United States,

to see Bitcoin at first.

Because everyone has a different background

and has a different relationship with, with the dollar network

that we work in, but a lot of people,

their main occupation or their job isn't sufficient for them

for the future because of the rate of debatement of the dollars, right?

We, we inflate our money so much that it requires more and more dollars

to buy a house, more and more dollars for health insurance,

more and more dollars for cars, for gasoline,

like everything is costing more and more.

And you're probably noticing, Natalie, I don't know how old you are,

but the younger generations are having to save longer and longer and longer

to get a house, even if they can get a house compared to their parents.

So on one hand, Bitcoin, because it's fixed and scarce,

because we know there's only 21 million Bitcoin,

as opposed to, you know, $22 trillion, $23 trillion, $24 trillion,

we don't know.

In the dollar network, it's a measuring tool

with a denominator that grows.

So whatever amount of dollars you own, your percentage of that dollar network decreases,

no matter how much you make, because you cannot pace as fast

as the Federal Reserve can continue to add more and more dollars into the system.

So for some people, Bitcoin becomes an ultimate savings technology

because not only do they know what they have,

they know that over time, it will only go up in dollar terms

because everything else will get cheaper.

As more and more dollars go into the system,

you have it all saved in Bitcoin.

So it's almost like if you were to travel to another country,

and that currency, let's say you went to, you know,

Turkey or Brazil or whatever, it's actually the opposite,

but let's say you went there, and they never inflated their currency,

you would want to save in that currency.

That's why everyone does want to save in the dollar

when it comes to fiat currencies, government-issued currencies

because ours does inflate less than all of these other countries.

And that's why you don't feel it as much here.

You know, people in Lebanon and Turkey, you know, Iran,

you know, western Africa, the global south,

boy, they really need things like Bitcoin

because not only do they get debanked and they get censored and surveilled,

you know, we've even seen it here.

We saw the Canadian protesters.

We saw what happened in COVID.

And, you know, now with so many CBDC central bank digital currencies

and stablecoins and since everything's moving digitally,

they're now programmable.

And soon your money will expire.

They're going to incentivize you to consume rather than save.

So it's hard to plan and build for the future when you have to gamble.

Why do you think you see so many sports betting apps

and so many side hustles and, you know, make money while you sleep?

Put your money to work.

And so it sounds like you're doing well,

but a lot of people struggle because they can't focus and show up

is who they want to be.

They can't be the best version of themselves

because they're stuck having to go be a rilter during a real estate craze

or being a day trader during a day trader craze.

Do you know what I'm talking about so far?

So for the savings aspect, that's what most of us on the west see.

In other parts of the world, which is how Satoshi designed Bitcoin for them,

it's a complete separation of money and state.

So now you don't need permission to not only hold your money

and to carry your money anywhere at the speed of light anywhere on the planet.

You can send it anywhere.

You can interact with anybody.

You can send me Bitcoin.

I can send you Bitcoin 24, 7, 365.

And you didn't have to ask for permission.

You didn't even have to tell anyone that your name is Natalie.

And so for people that worry about confiscation,

people who can't protest without being censored and money taken from them,

there's even gun shops, marijuana shops, the adult industry,

whether you agree with what they do or not,

they're pulled off the dollar network all the time.

Venmo PayPal, they get completely canceled.

Even dark who's sitting here right now.

Wall Streeter and everything, he's been debanked from Chase Bank.

So Bitcoin ultimately is just a peer-to-peer payment system.

And we all run nodes so that we all verify the exact same ledger.

We all verify the balance.

We all follow the same set of rules just like when you play chess.

No one can change the rules.

And so it's an egalitarian monetary system

where there isn't a bunch of bankers who pay themselves first.

They just print the money that you have to work for Natalie.

So every time they print a dollar, the dollar that you have to work for

just diluted in half because they just printed it for free

and you had to work for it.

So it offers this fair system that anyone has access to.

Now the outcome won't be egalitarian, but the opportunity is

because just like anything, it requires work.

And so it offers a very promising solution to many of life's problems

from health, to education, to your food, to just about anything you can think of

that becomes downstream of money.

When money is broken, when we are incentivized to consume rather than create,

to spend rather than save and to gamble rather than plan and build,

it affects everything and it distorts our choices.

So I know that's a lot and you might have some other questions,

but that's kind of a general big basket that might be too much.

Because in essence, you're not the ideal person who quickly gloms onto it

because it doesn't sound like you've had problems in the fiat world

where other people have, like I have, like Puncher has, like Lauren has,

where even though we've done well in life, we've seen the friction

and the distortion of the dollar network.

And Bitcoin has helped us be and show up as we've really wanted to be.

Yeah, in real quick, Terrence, you mentioned,

we take things for granted.

Like you say, Satoshi and immediately I'm sure Natalie's like,

oh, there was some guy who created this whole thing.

Tell her real quick, who is Satoshi and what do we think Satoshi was?

And why did he go away and real quick?

Puncher, I don't think that helps the onboarding.

Is Natalie still up here with us?

Yeah.

Yes, I'm here.

Deepie, go ahead.

Okay, nice.

You fell down to listeners with me.

Natalie, you like coffee or tea?

Coffee.

Coffee?

All right.

I've got some premium, blue mountain coffee.

It's $20 US, but we're in a cashier's part of my, of the tourist area.

So if you pay with PayPal, it's $25.

We've got to upcharge you.

If you pay with Zell, you've got to upcharge you.

If you pay with Stripe, we've got to upcharge you.

Cash up as well.

However, if you pay us in Bitcoin, we could take about 20% off.

And you could pay us instantly.

Which would you prefer?

Well, of course, I'll choose option of Bitcoin.

Exactly.

And you know, you could scan that QR code there is the blink wallet.

If you don't fully understand Bitcoin, I could explain it to you in five minutes.

Get you onboarded and we could get you that coffee.

How is that?

That sounds great.

But when do you think the world will move that way?

Will become easy or feasible to purchase with Bitcoin?

It actually is.

It's just lack of of know how right now.

So, I mean, I frequent circular economies.

More so than the popular ones, not just El Salvador.

Right?

At least I might not know what you mean by circular economy.

Oh, sorry.

Bitcoin economies.

Economies that pretty much focus on Bitcoin in the most extreme cases.

Items of priced in sets and all participants in that economy are transacting in Bitcoin itself.

This mostly happens in places like you guys were mentioning where the local dollar is not strong.

You know, either happy inflation or just, you know, just worse inflation than the US dollar, right?

So, and for businesses saving long term, which all businesses should be saving long term.

Saving, storing in Bitcoin makes the most sense because over four or five years span of time,

you increase your purchasing power.

And if you're running a business, you're going to get better returns on Bitcoin.

Then you do at your bank account, right?

So with your business account.

So that's that's that's kind of simple.

But just to get back to what I was saying, it works when in my opinion and in practice.

It works when you just kind of push the needle, right?

It's it's not a super crazy new tech anymore.

It's said we're 17 years and it's just that most people don't know what apps are easy enough to use for day to day.

You know, usage, right?

And those, I believe you'll find them more so targeting around circular economies where people do need to use Bitcoin for transactional purposes,

do need to use Bitcoin for benefits other than price go up and store value, right?

So I tend to lean hard into it.

If someone has any interest in Bitcoin, I just say, hey, you know, grab your phone.

I'm going to send you or just tell you a couple of things to download.

And I showed them first hand.

I'm going to send you some sets, right?

And you know what?

Send me some back and I'll send it back to you.

Takes five minutes.

What's a sat.

What's a sat?

A sat is the smallest information of Bitcoin.

So consider it like a penny to a US dollar.

Right. So I'll send you some Bitcoin.

Sorry for over complicating it.

But I'm sure I'm not as complicated as Terrence or explain what's associated who Satoshi is.

Because a lot of these things bring comfort.

It makes it way too complex and it actually scares people because people are fearful of the unknown.

So if you just tell them directly what they're using and here's how to use it, it almost always works.

Nobody wants to spend more, whether it's for small things or larger things.

Nobody wants to have to like get the permission from a bank.

But just telling them rather than actually showing them, right?

The success rate falls tremendously, right?

It takes five minutes to transact with someone and they'll learn and have that for life, right?

And if it's in a business store or if anything you do, right?

Any, if you're an engineer, if you're a tradesman, anything you do, you can simply say, hey, pay me in Bitcoin.

And I'll charge you 10% plus why?

Because there's less paperwork, there's less overhead, there's less eyes on my account, right?

So it's more beneficial to me to accept Bitcoin and it's more beneficial to you to learn how to pay with Bitcoin.

And it just stops right there.

Take 15 minutes max to explain and show someone how to use it and they're hooked for life.

Thanks, D.P. I think Natalie, you asked a good question that might have got buried in there while D.P. was talking when you said something like, well, but when is the world going to adopt it?

Am I correct in saying that?

Yes.

Yeah, and so I'm glad you asked that because one thing I didn't cover there in my prior rambling was that Bitcoin, this is what people miss.

You know, when people first come to Bitcoin, they see it as an asset.

They compare it to a tech stock and they look at it just like they would, you know, AI companies or anything they might be buying on Robinhood.

The big idea with Bitcoin is that it's a system and think of it as it's a system. It's a protocol.

Think of it as that there's an asset that rides on it.

And this is what everyone comes to Bitcoin for because they think, oh, I can get rich because they're thinking I can get more Bitcoin to get more money.

But Bitcoin is the money. This is the big idea. Bitcoin is the money. It is a system.

And when you see it as this fair system that was created by Satoshi Nakamoto and the great thing is that you don't know who he is and he isn't there because unlike all of the other crypto projects you've heard of or any company.

All of the investments that you have, you have counterparty risk, you have reputational risk.

A lot of those things you don't really own. Those are owned by companies and dark can jump into that later, but that might be a little deep.

But if you want to have true ownership, have true control, true sovereignty, something that no one can take from you, including the house because you didn't pay a property taxes, Bitcoin offers you that.

And because it's a system, it's available to everyone and everyone runs the same rules and it's transparent and auditable.

So we all will raise our hand if there's a bad actor who's trying to participate.

In fact, a bad actor can't even participate. You can't even break a rule in Bitcoin.

That's what's so fantastic. The fiat world punishes you for doing something bad.

The Bitcoin world doesn't even allow you to be bad. And I'll hand it over to Tom or there if you would like to jump in.

And guys, to me a favorite, give it a little bit of your background like, you know, Terence is a big Hollywood big shot, stated a lot of famous actresses and all that kind of stuff.

Go ahead, go ahead, Tom.

I have dated no famous actresses. I'm not a big shot.

You are, you are to us, Tom.

I love hearing all of that.

Maybe I can ask you a question or two Natalie as well to take the conversation in a couple of different potential directions.

I hope this conversation isn't coming across as a hard seller bizarre.

You've been picked on to come up.

But can I just ask you, the issue of trust, like do you do trust politicians?

Do you trust the central bank, the federal reserve? Do you know what the federal reserve is?

Some of these questions are meant to be an attack on your intelligence or knowledge.

Some people know about some of these things. Some people don't do trust bankers in general.

Do you trust the institutions of our society or where would you say your trust level is?

You know, you guys are really putting me on the spot here this morning.

I don't mean for it to be too hard, so you don't have to answer.

You can ask Tom or how the game was last night if you prefer Natalie.

But yes, I have concerns and I do not trust easily.

And that's one of the reasons why I'm so intrigued by this.

Yeah, like to me, the reason I bring it up is because Bitcoin is...

You may have heard the expression from some Bitcoiners, don't trust, verify, or you may have heard the word.

Bitcoin is a trustless system or trust minimized system.

And the thing with the world that we live in today is there are people who make rules, which means it can change the rules, which means that the rules don't really apply to them if they don't want them to.

And the integrity of a lot of systems is question.

It can be thrown into question because people break their promise.

They break their word. They make politicians make promises and then they don't honor their promises.

Or they do something above and beyond their promise that's in their interest and not in the interest of others.

And there's no way to constrain how far they can really go.

They're constantly testing the limits of how they can push things.

And we all pay the price.

When a bank lends out tons of money to people who can't afford to pay the interest on the money, the bank doesn't actually go bankrupt.

The bank gets bailed out by the government and the rest of us have to pay in the form of inflation or housing price inflation or all sorts of things.

So the Bitcoin is, it's very transparent and very, very hard to change.

The rules can't be broken because every participant in the network enforces all the rules.

How do you enforce the rules? Do you have to walk around with the gun and make sure nobody breaks them?

No, just by running the computer program and all of the verification that takes place within it, you're ensuring that nobody is ever able to spend coins that they don't have.

We spend coins that they once had nobody's able to create coins out of thin air.

Like all of these, all of these things, which are real pro, the US dollar works on a system where there are privileged people who can create dollars out of thin air.

And the rest of us have to put in our time and energy to earn it.

That's the inflation problem that Terrence was talking about.

So, but some people are really drawn into Bitcoin.

And I think the majority who become very passionate about it is because they found something they can trust.

The Bitcoin was launched with a white paper in 2008 that made a certain number of promises about how it would operate.

And all of those promises have been kept perfectly without any violation to any person ever.

And they're simple promises, they're promises that nobody can spend a coin that they don't own.

And they see the coin that they that isn't that isn't theirs.

Nobody can make a coin out of thin air. They have to do the coin.

There will only ever be 21 million coins. There's a bunch of that that's pretty much down near the end of it.

Anyone can participate in it.

No matter where they live, no matter where.

Who they are, nobody can be stopped from using it.

And so it's a system that is.

What's the word immune to the breaches of trust that many of us are concerned about?

Whether we live in the prosperous west or in less prosperous parts of the world.

Hey, I'm sure any questions you may have Natalie also to let you off.

Natalie, do you have any questions for Tomor or do you want me to go to another hand?

But yeah, please ask Tomor. He's the man.

He's here to listen and learn and I appreciate all the information and wisdom.

So let me chime in with one thing and then we'll go to you Chad.

Thank you for being patient. You've had your hand up.

So Natalie, I'm sure you use the internet. We all do every day and I'm sure you get a ton of value out of it.

In general, the internet democratizes and decentralizes information, right?

It's digitized everything that you used to use in the analog world.

But it largely left out doing that for value.

You probably put in a credit card or still using the dollar, but you know, that's permissioned and it's centralized.

And as Tomor was just talking about, you get completely debased, which is why everything goes up.

Prices, by the way, are not supposed to go up. Technology brings prices down, but the central banks are inflating faster and more rapidly than the rate of technology.

So Bitcoin gives the internet that democratization and decentralization of value in a sense.

That's one way to look at it.

And if the internet, when it first came about, had an internet token, if you could just say, hey, I'm going to buy and save my value in my energy in an internet token that will capture and contain the value that the internet is for the world as more and more people use the internet.

Man, that sounds like something valuable to save in, doesn't it?

And that's what we have with Bitcoin, the system, Bitcoin the network and Bitcoin the asset.

Chad.

Hi, Natalie.

Nice to meet you.

Welcome to your background, buddy.

Yeah, Chad is single.

Please.

But, you know, welcome to the most unbelievable community that I've ever been a part of and honored to consider many that people in this room family at this point.

It's really nice to meet you on spaces.

I hope you become a regular here and I'm sorry to learn that you're, you know, going through a transition.

I've done that myself.

Please feel free to DM us any of us on stage if we can help you with with your journey.

But I wanted to know, you know, what, with what you've been exposed to so far, what is the most interesting thing about Bitcoin that, you know, that you've learned so far to you?

Well, first just, I guess how it's being integrated worldwide, one of my biggest concerns was the usability of it.

And I've learned that like through Square, you can make purchases with Bitcoin, which I thought was very interesting because I've only seen it as an investment, not necessarily as like its own currency.

And just learning that others are actually using it, like on a day to day to, you know, fund their lifestyle versus just an investment.

Just the landscape of where it's going is what's intriguing to me.

Love it. Great to meet you. Keep going on the journey.

The more you read and by the way, I thoroughly recommend Terrence's book is a great place to start.

It's called Proof of Money.

Any of us would get you a copy or go get it yourself. Just let us know.

But it's welcome to an amazing world and amazing journey. And what you're picking up already is spot on. It's like because I'm assuming you're in Arizona, right?

Yes.

Okay. Because you know, you're in the US.

We don't face a lot of the use cases yet or with regularity that we see elsewhere in the world, but you're absolutely correct.

We're starting to see merch and adoption. And it's really exciting. And actually I host a Wednesday night space.

So please come join us on that.

That is is different from the standpoint that I go through the nuts and bolts in my journey.

And I'll be bringing up a cash app card either was soon as everything clear is probably two weeks from now.

But you're spot on with your observations way to go.

I can't wait to see what you learn on your journey. And again, welcome. We're thrilled to have you here.

Thank you. Happy to be here.

I think a non you were next, I believe.

Yeah, this isn't necessarily targeted at Natalie is just kind of one of the more radicalizing things that helped me in my Bitcoin education was understanding the process of debt creation.

And what fractional reserve banking really is because we hear those words, but understanding the step by step.

So what's actually taking place is truly radicalizing.

So I didn't understand at the time, but fractional reserve banking meant that the bank could take my deposits.

And they could lend out every dollar up to nine times.

It's now even worse though since COVID, they can basically loan it out infinite.

There is zero reserve banking at this point.

So when you understand that you're putting your money in a bank with the purpose of keeping it safe.

And then they immediately throw it out the back door to whoever they want.

That's a truly terrifying thing. Savings doesn't exist.

And that's why you're seeing a lot of people start to save in the stock market instead because it just makes sense to grow your money in a place that grows faster than the rate of inflation.

So that was one thing.

The other thing was understanding the process of debt creation.

So to understand that when people create money out of thin air, that's a word of phrase that gets used.

When people go to take a mortgage or people go to get a car loan.

The loan that's created to give them the money, the money never existed.

They just tapped it up on a keyboard.

So it's not like the bank took money that existed in a vault and said, hey, you want to buy a car.

Here's the money to go do it.

They'd literally said, oh, you want to buy a car.

Tap, tap, tap, tap, a magical money appears.

And the process of doing that is what's creating the inflation.

But why does that create inflation?

Why does adding more money to a system, more cash printing it up?

Why does that make inflation happen?

Well, the reason that makes inflation happen is the cantalant effect.

The people that are closer that are first in line to receive the dollars that got printed can spend it faster than everyone else.

And when you can spend money faster because you received it first,

you run out with that free money and you buy the most expensive thing possible before everyone else can.

So you run to the store and you buy gold bars.

Are you run to the store and you buy fancy cars?

Sorry, I can get a hot mic.

All good?

Yeah, so when you have free money,

you run to the store to buy the most fancy expensive things before everyone else can.

And then when the store owner sees his empty shelves, he says, you know what?

People are really buying stuff I should raise my prices.

So that's how it just basically is a knock on effect down the line where the money printers end up screwing the people

that aren't being dishonest and aren't standing next to the money printer.

Makes a lot of sense.

Yeah, you know, Natalie, a lot of us bit pointers.

We all started where you did where we never even we went through life.

And many of us like like Tom and I got business degrees,

but we never ever asked ourselves and were never taught what is money.

And that's why I like that.

Tom or a puncher sent you a couple of good videos because once you ask what is money,

it's almost simple.

You like, okay, what is the definition of money?

What are the properties that make the best money?

And then look throughout history over the you know 220 or so monies that we've had throughout the world,

you know, from shells to feathers to hides to tobacco to gold like to beads.

It's like what meets those properties the best and why have past monies failed?

And how does Bitcoin solve that now that the technology exists?

And then it starts to become clear to you when you when you ask yourself what is money?

What should money do?

And then you you arrive at Bitcoin because it fulfills those properties better than anything we've ever had.

Are you guys hearing an echo?

That's sorry, my tub upstairs is being demolished.

No, I'm hearing an echo.

I would get that checked out, puncher.

I'm not hearing an echo, puncher.

Okay, I'm going to drop down and come back up.

It's an Arizona thing, yeah.

Lee, I see that your hand was up, but it went down. Did you want to chime in?

Yes, sorry, but I've been dealing with a 10 second delay on audio.

I'm hearing the echo too. I might jump down real quick with the connection.

Okay, yeah, you and puncher both have PTSD, I guess.

Puncher, are you back?

I am back sans echo. Thank you.

So Natalie, was it was any of that confusing? Did you want to dig in or was that enough?

Is that enough for today and it's time to go get your green matcha?

No, I love that I need the proof of money book.

Puncher, Kevin had sent some other videos. I mean, what other I'm sure there's just a wealth.

There's probably so much information out there that you guys want to shove towards me and I'm here for it.

So I know others that I met last night provided some other speeches or interviews and other things that they recommended that I take a hard look at.

So if there's anything else anyone wants to share, that would be great.

Yeah, any any one good Bitcoin book will will will get you down that rabbit hole.

A lot of a lot of them just come to it from different angles, but we mostly get you there.

So I would just say pick up any good Bitcoin book and just dig in finish it.

Sounds good. Thank you.

Chad.

Yeah, Natalie, I didn't fully answer Kevin's question.

So I will now to say I'm a single father and the most important thing in the world to me is my child.

My son is a Bitcoiner and this weekend we're going to fire up a minor together. I don't have a clue what I'm doing.

So I will be reaching out to people in this room to help me with that journey, but I'm bringing that up to you from a context of really this is about you and ultimately your kids.

And if you when you start to look at it through their eyes, you will get a sense of optimism for their future that you couldn't possibly imagine.

So my encouragement to you is take it slow because there's a fire hose out here and we're all just want to help.

It's a really helpful community, but just think in context of them and like, well, how is this important to them?

Why is this different than the dollar system that we grew up in? Why?

You know, what is money and why does fiat? How did it fail us and me?

And if you think about your kids, which I'm sure you do, incessantly given what we've heard about you.

Congratulations on that. Enjoy every minute with them and look at it through their eyes and you're just going to be amazed at what you start to see.

Appreciate that. Thank you.

And feel free to come into this show anytime we we love meeting new new potential bit pointers and we're here every morning as I'm sure puncher told you.

Yes, I've heard and I feel so welcomed and thank you.

So do we want to move on or Natalie, if you have more questions, but otherwise we don't need to stick on your tumor.

Oh, did you want to chime in or?

No, no, I was just saying.

Oh, yeah.

It just comes up good conversation.

I feel for Natalie.

I feel like we're coming on like a ton of bricks like 10 speed dating, 10 different guys pushing hard on.

Yeah.

So let's next get into Merkel trees and nonsense and the rentable hash.

Natalie would like to learn about those things.

Hey, what's wrong with speed dating 10 guys?

Don't work.

Come on now.

I bet there's a lot of folks in here.

In fact, look at that.

Shannon has her hand up right now.

Shannon.

I just want to say to Natalie that this is really a journey of understanding and to be patient with yourself.

I mean, I've been a bit corner for years and I still learn new things all the time.

So it's just about being patient with yourself.

The discomfort of the paradigm shift that Bitcoin is really does take time to really ingest and understand.

So just because it may be uncomfortable and overwhelming.

Don't let that discourage you.

You will.

It's like learning a new language.

Eventually, it just starts to make sense.

But it's just about layering on the right information that resonates for you and finding the right messengers.

You know, you can hear the same piece of information articulated 10 different ways by 10 different people.

But there's something about the way that particular one particular person expresses it that really clicks.

So I would really encourage you to just keep looking at content, listening to the way different people articulate what Bitcoin is in the value that it brings to their life and just build.

It's just patience.

It is a journey.

It takes time and effort and just keep going because once it clicks, man, it really is life changing.

It is it is life changing.

And I don't know who just said it, but yeah, thinking about the future that it will create for your, you know, your children is is really invaluable.

So keep going.

Thank you.

I'm always impressed with my friends backgrounds.

So Shannon, you got a really impressive background.

You mind sharing that a little bit?

Yeah, I was like like Terrence was in in Hollywood.

I was a what's called a showrunner TV showrunner executive producer and scripted and unscripted and was former senior vice president of MTV.

And then that 10 years ago, transition, and then got into the political game and so that was a crock of shit.

And and now have two creative agencies, one of which focuses solely on frontier tech companies and Bitcoin native companies.

And the other one more brands and a little bit of political advocacy work, but my focus, my entire career has been on storytelling and trying to find meaningful,

easily digestible ways to communicate themes that are important to me concepts that are important to me, but that are maybe complicated or nuanced.

And so what's a really easy, but impactful and entertaining way to communicate, yeah, complex things or just things that are deeply meaningful to me in a personal level.

So hope that makes sense.

And I like very much your goal to make things easily digestible and I'm just a sponge here today, you know, trying to absorb all this and understand, you know, the journey for the future and for my children and and and that's why I'm here.

So thank you for sharing.

Natalie, when you're asking about material, if you scroll up to the nest, if you look above all of our circles, I just put a couple of videos there that I think help describe the problem that we've talked about and that's money printing.

One of the videos is money printing and the other one is inflation and it just helps highlight what those are in a real simple way.

And you can also just go to my profile and click the highlights tab. I have about 30 videos there. If any of that helps.

It does now reminder, I'm brand new to X.

So if I wanted to reference back to it, do I just go to your profile? I mean, I literally signed on to X just minutes before the call. So I'm.

Yeah, so if you go to my profile right now and you and you look under, you know, my information, you'll see the menu items are posts, replies, highlights, videos, photos, just click highlights.

I put all my videos there in the highlights section.

Okay.

Yeah, Natalie, if you follow Terrence and Terrence, maybe you can follow Natalie, it makes it easier.

Oh, yeah, I'm following her.

Yeah, by the way, everybody, if you would follow Natalie, she's got like two followers.

Maybe one.

Hey, before we take it to humble.

Terrence has a very impressive resume in Hollywood as well, including, but not committed to producer of Dr.

Dr is the Shannon's very modest, but did tell the story on this space one time of how she basically is the creator of.

She's got the name of it.

What is it? Help me out.

Kardashians.

Yeah, the Kardashians. So she's the Godmother.

Anyway, there's a lot of impressive people up here.

There's actually the entrepreneur extraordinaire who does the user dark side who spent many a year, 30 plus behind the curtain.

That is the insanity of trad by so there's a lot of really impressive resumes up here.

A lot of brain power.

Myself part of the dirt diggers union or Cal division, one nine four.

Go to your voice.

Anyway, there's a lot of brain power up here.

This isn't just, you know, somebody, you know, throwing peanuts at you.

I know it probably feels like a tomer said that they're holding you down and trying to shove orange fills down your throat.

And like Terrence said, perhaps the positives as well, but it's a lot trying to drink out of the fire host, but they're good people and they're very smart.

So definitely listen to them humble over to you.

All right, I have listened to part of the conversation.

Did we already talk about being your own bank and the permissionless system that part very simply.

We did.

All right.

Yeah, tomer tomer tomer did.

Okay.

But humble, we want to you have more to add on.

Yeah, don't be so humble.

Well, I don't know if I can talk what what tomer said, but I guess it's not really about that anyway.

So for my experience, that was something that was very appealing to me based off of the experiences I was having with things at the time.

So yeah, I mean, I think that's the biggest thing is the fact that if you want to send or receive money, you don't have a bank telling you how sorry you can't do that.

Or you have to come in here and sign your life away and then it's going to take a few days.

You can just do it and it takes a matter of seconds.

So I mean, it's just that to me is very appealing.

The fact that a bank also takes advantage of you is calm.

So it's like, I don't like that.

I don't like the fact that you take my money and then you charge me fees and then you make money off of my money.

Then I want to use my money here like no, not unless you do this.

And what are you going to do with it?

So yeah, to me, I think that fundamentally is very appealing to a lot of people.

And Natalie, one of the expressions, another expression you'll find there's a lot of them.

Bitcoin is like the fish don't know that they're wet.

Fish swimming in the ocean doesn't know that they're wet.

Well, it's very similar to us using the dollar or Fiat systems.

We've done it our whole lives.

We don't know any other things.

So it's crazy when you ask somebody what is money, they look at you and they're like, well, it's dollars.

What do you mean? What's money?

And you go, yeah, but why do we need money?

What does money come from? What makes good money?

What makes bad money?

And when you ask yourself that question, what is money?

A matter of fact, there's a guy, Robert Breedlove, his whole podcast is interviewing people about what is money.

You realize, oh my gosh, I'm the fish that was in this system.

I didn't even know I was wet.

I just assumed that this was how things work and will always work.

And then when you find this better alternative that I explained to you last night has network effect.

Every day that goes by, more and more people are learning like you are.

This thing is unstoppable.

Why? Because it's just better in every single way.

And it takes away the ability of these other parties that can disrupt your life.

It takes you out of their system.

And there's nothing they can do about it.

Maybe in the beginning of Bitcoin, they could have killed it and they tried many times.

And every time they tried to kill this system, it just got stronger and stronger and stronger.

And now it's to the point where it's operating outside of their system.

So you are truly a sovereign individual operating outside of the system, the control system that is Fiat currency or the US dollar.

And it's very freeing.

And I think what you'll find is you explore Bitcoin is a lot of the things in your life that you assume to be true and axiomatic.

You start to go, hey, you know what? That's not really true. That's kind of a lie.

And the one thing about Bitcoin that I love is it's got a passion for the truth.

And that bleeds over into every part of your life.

And I think I told you, probably not such an articulate way last night, that, you know,

well, you know, the great thing about Bitcoin is you never stop learning.

It's a journey of learning and it does bleed over into all the other aspects of your life.

And you start to question things and maybe look at things from a different perspective.

And, you know, you never stop learning.

But in Bitcoin, we have a passion for the truth.

And we hash it out and we get an argument sometimes and it's, you know, but we never take it personally, at least in most cases.

Because we all seeking the truth.

And the truth about how we exchange value amongst human beings and what that system should look like.

And what it could look like in the future is what really drives us to be passionate about Bitcoin.

Chad.

Natalie, one last thing that I don't think any of us had brought up yet but is really calming because Bitcoin's volatility can be a little bit bizarre at first.

And that is if you, if you either write this down or if you're near your computer, type in mempool.space.

And you can actually watch blocks being mined.

And to me, that's like the fundamental, we call it TikTok next block.

But literally on average, a new block is mined every 10 minutes.

And that's where you see like DP when he was talking about doing a coffee, you know, coffee transaction.

You could actually see your transaction on the blockchain.

It's immutable truth through time.

It's one of the most important mentions.

I think it's as important as right next to like right after fire actually.

I think human communications is the most important discovery.

Fire second.

And then I argue with myself whether it's Bitcoin or the wheel.

It's that important.

But with mempool.space you can actually see it happening.

And it is that's how I evaluate if Bitcoin is functioning properly.

I don't look at price the same way other people do.

If that helps because, you know, you visually can see it and sort of mechanically start to understand

what this very different asset is than anything else you've been exposed to in your life, honestly.

Thanks Chad.

I just pulled it up.

Tell me what you see.

I see a lot of numbers.

And blocks and charts and things on offer.

Let's go slow for real quickly.

So you'll notice when I get on the first thing I do is reference the Bitcoin or the blockchain

because this is what this is about.

This is why we all know each other and have developed the relationships with each other that have.

But I would say, you know, hello from block 945358.

So can you see that number on your screen?

Yes.

Okay. That's the latest block that was mined and it was mined four minutes ago.

So as a four minutes ago, the entire network around the world.

And I mean, in every country, like how crazy is that?

We can't get along with Iran or China or who knows whatever.

But this entire network has nodes in every country except six.

And I posted about this last night.

So that's if you say there's 200 countries in the world and you can argue 195, whatever.

Let's just say it's 200 freezing math.

194 countries are with people in those countries are agreeing on everything that went through that block.

Now, four minutes ago, right?

Like how crazy is that?

The entire world actually agrees on something.

And to put a puncher was saying, we agree on the truth.

Every single transaction in there happened.

And we can all agree that they happened and no one can ever change it.

No government, no politician.

Sorry, I start to get excited, obviously, because remember what Tom was talking about.

Trust.

Like we can trust something through time.

And to me, and I'm going a little bit over my skis with this comment,

but this is what makes like AI exciting because we have truth that we can agree with AI.

And without this, we don't have truth through time.

So this truth through time, I believe, and I call it the force function of truth and accountability through time is actually how I think we're going to be able to hold our politicians,

our banking systems and everything else true to a ethos that is going to help our kids have a better life.

So I'm just going to round it out there, but I encourage you to bookmark mempool.space.

And I look at that thing religiously.

Matter of fact, it's my screensaver.

It is the backbone of much of my daily time.

Hope that helps.

We won't let's not forget about time chain as well.

I put the link up in the nest also an app.

There's our body TC who is a friend of the show listening right now.

Shout out TC is the creator of that.

I was reminded also of something that Peter Schiff hosted.

I think yesterday on tax day while you guys were talking about sovereignty and explaining different attributes of Bitcoin.

And it was basically his dad giving this long tutorial about, you know, how taxes are voluntary, etc, etc.

I was like, I had to skip through a lot of points because it was really boring.

But inevitably, Peter Schiff's father spent 10 years in prison and actually died in custody.

So to me, I thought, man, Bitcoin really solves a lot of this.

I'm not.

Why did you spend time in prison?

For tax.

So what he was preaching in this whole thing actually is not true.

Well, it's a gray area that you lose as the peon.

Because, you know, who cares what the law says if you're in jail, you're in jail.

So I don't even want to get into the legalities of it all.

The fact remains that Peter Schiff's dad spent 10 years of his life in prison.

And to me, I don't want to waste any time in prison regardless of if I think that I'm correct in the eyes of the law, etc.

I'm of much better use on this side of those bars with my family, with my loved ones being able to educate people about Bitcoin, etc.

And I'm not advocating for, you know, that we all try to skirt income tax, etc.

I'm not G money.

God bless you, G money.

But I am saying, thank God Bitcoin exists.

And I'm talking jurisdictions around the world that actually do suppress, you know, their populace.

And do, you know, pick the pocket of their populace, which arguably is happening here in the United States.

So once you're able to take sovereignty over your, your, your money, your value, your, you know, essentially, it's, it's the core foundation of life itself.

Like that's such a freeing wonderful thing.

And it's, let's have a conversation with actually TC yesterday, just talking about just peaking behind that curtain, being able like the whole matrix analogy when you're actually seeing it from first principles levels.

And realizing that so many people are just in this rat race on this never ending hamster wheel.

And just, just trying to pay their mortgage, just get by drive because the soccer, etc., etc., etc.

And just being free to actually exit that system and be sovereign.

It's, it's quite an amazing technology.

I'll land the plane there.

That's right. And it's so nice meeting everyone.

I just have to say that and hearing your backgrounds.

And like I said, your wisdom, your experience.

So just wanted to say that again, happy to be here.

Yeah, we're happy to have you, Natalie.

And hopefully you can pop in and we'll bring you up and talk about all kinds of crazy stuff here.

Hey guys, you want to, you want to pivot dark?

I'm trying to get to some news of the day or some things that we might want to chat about in the next 40 minutes.

Hey guys, sorry.

I'm back.

What I miss.

We're still raging.

The world is vibrating at an incredible frequency.

You know, you feel like something's wrong.

If you have that feeling inherently, it's not because there's something wrong with you.

It's probably because there's something wrong with the world.

I think it's fair to say trust is at an all time low.

Somehow collectively as a people, we have decided to shut in the world's most important supply of energy.

And it seems like it's all over broken money.

That's that really kind of gets down to the basis of this.

You know, I enjoyed the conversation with Natalie.

Because it's very optimistic, right?

Bitcoin demonetizes violence.

Dollars encourage violence.

Fiat currency encourages violence.

There's no cost to killing and going to war because you can just print more money and debase the very people that have no interest in the war.

So it's frustrating to watch what's happening to us globally.

But at the same time, we have this bright light, which is Bitcoin, which does demonetize these psychopaths that seem hell bent on destruction.

We just watch the headlines roll by and again, it just I think it unnerves everybody.

And people start acting outside of their best interest.

Simply because they just don't know what's wrong.

They can't figure it out.

Natalie, I know a puncher mentioned that he sent you Joe Brian's, what is the problem?

That's where I would start.

I think that is the baseline for understanding what the problem really is.

But we have a major, major problem.

And as the world becomes flatter, meaning communications, the internet has created a world in which, you know, we can communicate and transact across borders.

We have a very psychopath that are trying to control the borders, become more educated and more aggressive.

Maybe I'll land it there. I don't want to get too dark.

Hi, we're on the roll.

Chad's got his hand up.

Thank you.

You've got 50 other projects on the side and it's great to have you in the room.

Can we dive into something and take the room through something real quickly about your background that can, I think, help a lot of us because we see the information and aren't necessarily able to understand what it is.

If you guys all would type in David Ang to his stuff.

This is the post I'm looking at in dark.

I'm just asking you to explain it through in layman's terms.

If it's OK, 75 K was the magnet.

Now it's the wall.

Then there's to the spot price.

Then he has a flip price of 69,773 with 151 million in net gamma.

44% realized value.

I'm sorry, realized volume max gamma strike 75 call wall 75 put wall 70 stronger ceiling at 80 80.

And then he said 75 K is no longer just magnet.

It is the wall.

Can you talk through a little bit about that dark.

And give it background if you would dark real quick.

You're on mute.

Yeah, so I spent 25 years on Wall Street as a derivative straighter.

What a mess.

Yeah, thanks for pointing it out.

I mean, what you just described.

Has absolutely nothing to do with a permissionless trading platform system.

That enables the trustless transfer of value.

It is a.

It's a combination of Wall Street ability to try to suck value out of what is, you know, such a beautiful asset.

The good news is that at some point, this all break.

Right.

All the discussion of gamma and theta and short vol and still walls and all of this stuff that is created through derivatives.

I will disappear.

But for now, Chad, without going too deep into it, we just have a.

We have this traditional finance system creating paper promises on top of what is perfect money.

And it's just really sad.

It makes me sad.

So Natalie, you're new, but to round this out, what I was doing last night on the space that I was hosting for Bitcoin today is I am actively transferring money from the Fiat system.

Two to cold storage under a multi custodial signature.

Terrence will give it better language.

I screwed up.

But for exactly what dark is talking to the old system is doing what it always does, which is fractionalize assets.

That's literally how Wall Street is built.

That's how the banking system is built.

In time, it started out as like, oh, we'll do 50 50 banking coverage.

And then it was like, you know, one in 10.

And now it's like, it's limitless at this point.

And that's why I wanted to bring this topic up is because you're going to see all kinds of stuff on X and in the press about the Fiat system.

And you're drowning in it.

And I literally make two fists.

I use the right hand as, you know, one system.

So we'll say it's Fiat.

And the left hand is the Bitcoin system.

They are that different.

They're two different hands.

But because everybody only talks about the right hand system, meaning Fiat, we all get pulled towards that through our daily interactions.

And the more you interact with this group and learn what the special asset is and why it's so incredible for decades to come.

You realize that if you're not holding the real thing at some time, this thing is going to cause cataclysmic breaks.

And Maryland and I talk about this a lot offline.

He thinks it's going to be a series of stages and steps.

And I tend to agree with that.

But there's also the thesis that potentially this thing just goes straight to everything divided by 21 million because there's 21 million Bitcoin, of course.

And if that happens, although the purchasing power of all of us that hold the real thing skyrockets, the world is really bouncy.

But that's sort of the trade or that's sort of the, you know, the decision that we're all facing and more and more of us are waking up to what that decision is.

And I'd encourage everybody to look at it through that object because for now, the dollar is quote unquote stable.

I'm not sure that's always going to be the case.

And dark has 20 30 in his name.

And there's a reason for that and I encourage everybody to go on to the UN website and look at the UN 23rd dark.

What's the exact call?

Agenda 20 30.

Thank you.

Agenda 20 30.

And once you read that and you look at this through that lens, it's like, oh God.

Yeah, that's really going to be an interesting really interesting inflection point at 20 30 potentially.

I'll leave it there.

Natalie's now regretting skipping Pilates for this.

How did you know my morning workout has been interrupted by this discussion, but I'm enjoying it.

And I have a question I've noticed just as I look down at some of those that are speaking or listening, what's with the red eyes?

Those are our laser eyes because we are focused.

We're focused on Bitcoin only and not distracted by things like Ethereum and Ripple and XRP and Solana and all of these companies and people that gave themselves and can print themselves free tokens, just like Fiat, just like your dollar and pretend that it solves a problem that it doesn't.

Whereas Bitcoin solves humanities biggest problem that we've ever had and that's carrying our time and energy forward into the future.

Yeah, a lot of people Natalie get get sidetracked because because of all of these what we call altcoins or shitcoins.

You can create them really at no cost and tell a story about how they're going to be the new banking system or this coin is going to do that or this coin is going to do the other thing.

And I used to think that I used to think that there was going to be a new financial system built outside the traditional finance system that exists today with the dollar and Fiat currencies and central banks around the world and that all these different coins were going to be a different piece of that puzzle.

And the fact of the matter is Bitcoin handles all of it like Terrence was saying earlier, it's not only the money at the base layer, but it's very similar to the internet.

It's as if gold and the internet had a baby and it's a network and a protocol that people are building companies on top of.

So just like when the internet, you know, you had in the probably enough to remember like in the 90s, it was like, I'm not really good.

I heard of the internet. I'm not sure what it is.

TCP IP and then HTTML and then all sudden it was like, wow, Amazon and all these other things and now you can't imagine your life without the internet.

The internet is a protocol and there's no second internet. There's just the internet, just like there's no second electricity or there's no second wheel.

It is what it is and protocols that Bitcoin is is winner take all.

So the protocol is also the money. So Bitcoin is growing in other ways. Companies are being formed and transacting above it.

But ultimately those companies all settle at the base layer, which is the money. Bitcoin.

Are we still answering the question why we have laser eyes?

Oh, I don't know. Go ahead. Tell me where you got it.

It's just a fun. It's just a fun little thing that started many years ago.

Someone put laser eyes and then people did little websites that made it easier to put laser eyes on.

And then we got to a point where we said, why would I even listen to somebody without laser eyes?

And so it's just a fun thing, Natalie.

It's lingered on for years and people have forgotten.

And then people said they were going to keep their laser eyes on until Bitcoin had 100,000 and so on and so forth.

I've never taken mine off.

But it is a good reminder, Natalie, to stay focused with Bitcoin.

Bitcoin is the big idea and it's very easy in the digital space.

Let's call it to get distracted because there's so many, you know, people have unit bias.

And I think, oh, this Shiba Inu or Dogecoin is so much cheaper.

And they think that they're getting more value when they're really just buying paper that a company or a group of four or five guys can print and make for you.

And they'll give themselves 40 to 60% of the supply up front.

None of that happened with Bitcoin.

It was a very fair launch and that's one reason why Satoshi disappeared.

It's been available to all of us.

There isn't any one person that can be be captured or influenced.

God of things.

I can imagine a lot of laser eye glasses at the biggest conference.

Yeah, for sure.

It's great hearing newcomers because we forget about these things.

Like I honestly don't even see the laser eyes anymore.

That's how long I've been looking at these profile pictures.

But you brought that up.

It was it was actually really cute.

I just had to ask as I noticed it and figure there was some meaning behind it.

All right. Do we have Jarob or a non?

Jarob is first.

Jarob, you are up.

Hey, thanks guys.

I appreciate it and extremely informative.

Let me introduce myself and then I'll bring up my question.

I work for a nonprofit that has amends and women's sober living homes where it's completely free to the person seeking addiction recovery treatment.

We also offer a vocational program that they do during that time that is recognized by the state of Texas.

And so what I'm working on right now is is bringing this to the to the online environment and our fundraising and things that I kind of compare it to.

Like turning point USA.

They accept cryptocurrency.

So if you go to their website at turning point.

It's TP USA.com.

You click the donate button.

And you have all of these different ways to donate.

And there's one that says learn more cryptocurrency and it's QR codes.

It's three different QR codes.

I don't know anything about Bitcoin.

But I want that option so that people that want to sponsor and support these people that are coming in for addiction recovery can do so through this alternative method.

Does that make sense to question?

Sorry, Jarob.

Can you repeat the question?

Yeah. Oh, I'm sorry. I didn't even ask the question.

So what I'm trying to do is I'm trying to set this up exactly like how these guys have it.

But I don't know enough about Bitcoin and there's all these places that want like, for example, different from Bitcoin and Bitcoin cash.

And there's several services I can pay to set this up.

But I don't understand because my understanding of the network is that I should just be able to send directly to you without a third party or without paying someone for a transaction.

And if anybody has any information how to set that up or how what are the best practices for setting this up so that I can take those donations in.

Well, I'm not, I'm not hosting.

So whoever if anybody wants to override me here, please feel free guys.

But Jarob, it's a great question.

And it's a huge question.

So what I would suggest is to go ahead and feel free to DM me and I'll be the conduit to get you the information you need to get smart.

And we'll figure it out, you know, how it's going to be adaptable for you.

I mean, you're asking a question so seismic.

I don't want to talk into the void for six hours and lose everybody on the space.

But you know, the question is a great question.

And I would thoroughly encourage you to start looking down the rabbit hole.

You can get almost all the resources for free that you need.

You do need a modest amount of money to get started.

And what I mean by that is to buy a treasure.

It's like 60 bucks.

I mean, there's plenty of people here on stage that will gift you Satoshi's and to get you going or things like that.

But it is a learning process about a totally different system.

And yeah, just DM me and let's, I'll take you under my wing and get you to the resource that you need to make the decisions that you need to make.

But basically you have to decide if this is a system that you want to participate in.

And if you do, then how do you want to participate in it?

I think you were mentioning about addiction and I would tell you that.

I think that I look forward to more people from that community learning about Bitcoin because I suspect it would help greatly because.

You know, this is a really stable backbone for things.

So yeah, just DM me and let's let's take that offline because it's such a big question.

Thank you.

Yes, awesome.

Thank you so much.

I'll drop back down to listen.

Man, you guys are awesome.

I love the information.

And I love that you guys are reaching out to help.

Thank you, man.

Of course.

Jira, I think nonprofits are becoming more and more interested in Bitcoin, which is super cool.

Just last week I had a major hospital trauma center in California, reach out to me to learn how to start taking Bitcoin as donations.

And I think accepting donations is probably the easiest toe in the water because it doesn't require anything of you.

All you're doing is taking a get from someone else.

So there's really no compliance or regulatory questions that your board will bother you with because you're really just accepting something.

So that's a great way to start.

Something I wanted to say is just that I love these back-to-base accessions because it really helps you realize how much you've learned and helps you kind of recall things.

Bitcoin is a didactive technology.

And it's a fancy word for just saying it teaches you as you learn it and the more you learn it, the more you're being taught things.

And teaching really is the highest form of learning.

So these sessions provide an opportunity to then basically take the test on all the knowledge you've acquired.

Because if you can't describe what you learned to other people, you really don't have a right to say you've learned any of it.

And when I look at the Bitcoin spaces like this one and I then go and listen to a shit coin space, the proof is in the pudding.

The things we're talking about in these spaces versus the other spaces is night and day.

Just last night I was listening to a space where it was nothing but accusing each other of death threats.

Versus here we're talking the economic theory.

So I think the proof is in the pudding that Bitcoin creates a culture of truth seeking because we want fairweights and measures and we're all trying to pursue the truth to get that.

Sorry, my phone's glitchy. Is that a non-talking?

Yes, sir.

Excellent. I'm going to reach out to offline. I'm fascinated to learn about that hospital approaching you, etc.

Because a lot of my friends in the medical community through me have gotten involved in our Bitcoiners.

And they that questions come up a lot.

So if you don't mind, I'm going to case study with you.

I'm that is bringing you just made my day.

That is so exciting. Thank you. Sweet.

I'll just add, I'm on a board of a charity medical foundation that recently amended our bylaws to be able to hold Bitcoin and only Bitcoin, the only crypto asset.

So the first step is looking at your bylaws because almost every almost every charity has in their bylaws.

Because if they're gifted assets, they have to sell them somebody gives you shares of stock, you have to sell them and convert them to dollars.

So the first step is really making a commitment from a board level to accept Bitcoin and hold Bitcoin as a treasury asset.

And then from there, the process of actually setting up the ability to receive Bitcoin is extremely easy.

Okay, I'll just go over there.

Lauren, did we want to go to India or is it time for you to run the horn?

Sorry, dark. Do you want me to include you on on this with anon or do you think you could help out too? Is that all right or should I leave you off at giving all your other commitments?

Either way, I'm happy to participate.

Let's get any other shot and then maybe horn it after that.

That sounds good. India, what you got for us this morning?

So guys, I have an announcement to make today and the announcement is that I've been thinking about this for quite some time.

But I just did not get the time because of my usual business.

But since the beginning of the US in on conflict, I really deeply went into the rabbit hole and I actually launched my own website called IndiaBitcoinMind.com.

Now, there are two advantages that I guess you will get there.

First, you get to know my real name, which I'm not going to disclose in this space.

Second, I think I've written some and I generally don't praise myself, but I think I've written some pretty decent articles.

One of them is about your daddy, which is your in Hindi, you call it the paternal grandmother was a bit corner, but she didn't know it then.

That's one article which you'll really resonate with and some of the other articles are also pretty macro related.

But the best piece I think I can tell you since this Iran was started and the article that I have actually written is that Trump has no escape plan.

He's like a trapped king who's started a war, but he can't end one is the paradox of a man who loves this country so much that he's helping destroy it.

And there is a certain amount of irony in that article that there is a particular cruelty in the way history chooses its instruments.

And the man I think tasked with managing the end of the dollar era is the one man who loves the dollar most.

And this is not an abstraction or a monetary architecture that he loves is just that he loves the physical manifestation of America's greatness and the proof that his country is the best in the world.

But I think the irony of that is that nature always chooses the most entertaining or the most cruel outcome.

If you will go through that piece and I really recommend you do, it's going to cost about 80 minutes of your time.

It's a lengthy article, but it talks a lot about how Trump is trapped, how the Iran war is just a facade towards the acceleration of the dollar he said.

How Scott Bessent has left with less options and he's the only adult in the room in my opinion and he's the guy who really knows too much.

It's a narrated story with a lot of impersonations and everything and I think you will really love it because it's dramatized reconstruction.

It's like I've created characters for all the people in the White House and I made them interact and then I finally come to the conclusion which I'm not going to disclose here which you've got to go and find out.

It also talks about bit bonds and also talks about the architecture of money as it exists today and how it's going to get changed very quickly in my opinion because trust me what we've been always talking about the reset is coming, the reset is coming.

I think the great reset is coming sooner than we think.

I don't know if any of you will agree with me, but it's just worth the shot to actually read that article.

I'm sure and if you can give me feedback I'll be very very very obliged.

So this is the first time I'm promoting myself guys as you know that and it's not really promoting myself.

I just want the message to get out to as many people as possible that there's going to be a lot of disruption happening over the next three to make one point.

Allow me to make one point.

A India what was the name of the site again, I want to read it.

Yeah, I'm just going to shout out and say it's a sweet website if you know what I'm saying.

Yeah, so we man dot com and I'm there right now.

So some good.

Say again, you guys talked over each other. What was it again?

India India Bitcoin man dot com.

Okay, that's after my head.

Dog, I'd really appreciate your comments on the article.

In fact, everybody's comments. I was listening to this.

I'd really appreciate if you can give me a feedback, please.

So I can improve my body of work.

You got a buddy.

All right, Terrence. Is that a good place?

A good time.

That was a good place and a good time.

Okay.

Let's go over to AC.

We haven't heard from AC today for some reason.

What? Yeah, he's right there.

AC.

Hey, what's going on guys?

We're going to see you in Vegas, buddy.

Oh, one hundred percent.

And actually, you know, this goes out some Natalie.

I'll close out or I'll start the around the horn.

If you guys don't mind because I've got a jump soon too.

One thing I wanted to add earlier was Natalie.

Welcome to the Bitcoin rabbit hole.

It's a journey that it's certainly not a destination.

One thing I wanted to say was it's it's an ego test, right?

I thought it was punching, I was talking about it earlier.

You have to go through the process of questioning everything

and unlearning what you think you know before you can start to

actually learn Bitcoin.

And Lauren, speaking of the Bitcoin conference,

I've got an offer up for Natalie.

I've got an extra GA ticket.

That I'm no longer going to be able to use.

And so if you can make it to Vegas and set up your accommodations.

donate that to get to you so that you can get fully immersed into the conference.

And I have five more if you want to bring five people with you.

Literally, if anybody wants to go DM me, I have a bunch of GA tickets to give away.

And so that's what dilution does, Natalie. Lauren just diluted the work that AC did to acquire

that one ticket by printing five more. Wow, I really appreciate it. That's great. Thank you.

And funny with the dilution. Thank you.

All right, humble. Why don't we go to you?

Oh, that sounds good, humble. Okay, why don't we go to you?

Yeah, Darian singing. Let's go to you, Shannon.

So we're doing. Yeah, good to see you on that.

I'm looking for a lot of wisdom out there.

I mean, maybe Sasha right now. So I just kind of want to show Shannon listening to everyone

give posing statements. All right. Are you going to talk, Shannon?

I mean, yeah, just welcome, Natalie. And kudos to you for having an open mind and

forgetting a little uncomfortable entering this world because it isn't comfortable at first.

It's it is asking you to rethink everything you thought you know and trusted in.

So bravo. Welcome. Please reach out with any questions. If you're

if you have an appetite for connecting with other women in the space, we're here as is humble.

The party twins who I'm sure here, Jennifer, some really incredible women in the space.

If that's something that's attractive to you, reach out to us and we're here.

I think you ask for that. I put a quick question. I put a question for

us. Where are we supposed to give closing comments to Natalie or just closing comments in general?

Because if it's for Natalie, then I'll say something. I don't want to sound like a

note. It's an open to the Lord Jesus. I'm the one who raised her hand in the back of the class.

Do I need to take notes? I'm just not going to say anything to her.

Natalie, I'm so glad that you did top in here today. We haven't had discussions like this in

quite a while actually going back down, you know, just trying to what we call orange pills. So

welcome and enjoy all the wrap up holes. It's very exciting and reach out when it becomes

depressing. We're going to leave all of them there and some of us are still kind of there.

Thank you so much. And it is a learning curve, right? So I appreciate the unlearning everything,

rethinking everything and just everyone's support and community and knowledge and

and just you'll have to learn about this Vegas conference because I'm not even sure what the date

is. And I know it's at the Venetian, right? But yeah, I just look. I'm happy to meet everyone.

April 27th. Okay. Yeah, touch base with the party,

party girls there. They're pros at that conference. Perfect. So to speak, so to speak.

All right, let's go to Sam next. Sam, any closing comments? Thank you, your contribution today was

amazing. Sorry, I joined lead guys. See, Natalie, this is another thing that's cool about Bitcoin. You

notice like India man was here. Now, you know, Sam from Ireland, like it's just it's a global thing

and just that's what's kind of cool about these spaces too. We just hear everybody in different

parts of the world. All right, go ahead Sam. Sorry. Yeah. Yeah, I'm Ireland's Bitcoin man from

New York. Terran, sorry, I joined lead. Actually funny story. I did join at 1130, my normal time on

the East Coast. And I was wondering where the hell are these guys? Who screwed up? Who forgot the

time? And then I realized it was like 4 a.m. in California. I was early. So just dropped in to

say, hey, look, I wanted to give a shout out again to I'm sure you discussed this already, but just

wanted to say had Chad great space last night. Not an easy thing to do, especially in these times.

But Chad, I enjoyed that last night and I was sure to look with it and anyone who's on here who

wasn't there last night. Come along on Wednesday nights. I think it has the makings of a very good space

in a good community. So shout out to Chad. Beautiful. Let's head over to Anon.

Yeah, by the dip, it's all I got. Love it. Let's go to Tomor.

That sounds good, Tomor. What else you have for Natalie?

Sorry, I don't need to make my point. My button's not working great there. I don't have that much

to add. I mean, I think, you know, well, well, well, well, I hope we didn't overwhelm you with

with information. I was kind of curious to catch up myself and we didn't really do a lot of

catching up on current events. So I'll just keep my ear to the wall and see what's actually going

on lately. But nice to be back. Sorry to consume the episode, but happy to be here.

All right. Let's go to a puncture and then dark.

Yeah. So, Chad, sorry, I missed it last night. I will definitely not miss it again. I was at a

grade school basketball game and then we went to the Bitcoin meetup, but heard good things.

And I will participate in the future for sure if you have me. Natalie, thanks for coming on board.

I know it's a lot, you know, it's and I got into Bitcoin in a very, very dark time of my life.

I was, you know, I told you last night I was facing bankruptcy. I had just been betrayed by

partners. I lost my security clearance to fly, which was my livelihood. And it was just

very, very difficult time. And then I just saw this thing that would allow me to kind of pull

myself out of that old system that had a tremendous amount of counterparty risks

that I didn't realize I had. And it almost destroyed my life. But the the main thing I want to

tell you is just, you know, just get up every day and just keep pressing on. I mean, these are

the times that create character in your life. And I know it's going to be a rough patch.

But you've got a lot of people who care about you. This Bitcoin community is fantastic.

And hopefully you integrate into that. I mean, some of my best friends in the world are people

on this space. And I've done business with people on this space. I trusted them so much

by just the things we talk about day in and day out that I got a great sense of their character

that I became business partners with before actually meeting them in person, which is crazy.

And we talk about all kinds of things. So, you know, if you're hanging around the room long enough,

you're going to, it's just going to start to seep in. And like I told you last night, like this

two shall pass. So just keep getting up, keep loving on your kids. And they'll do great.

Puntry, your support has in your family support has just been tremendous. You know, my journey.

And I just I appreciate it all your support. And thank you.

Hey, while we're on Punch, Punch, can you tease tomorrow a little bit? Just I think it will be

pretty interesting for some folks. I'm super interested for sure, but a little teaser for tomorrow.

Yeah, so Nick Nemeth, Nick has done a lot of research into insurance companies

and the reinsurance companies that claim to have collateral to support

that system, but the collateral is very opaque and it's marked to par in a lot of cases

when these, that the underlying assets are really worth zero. So Nick's going to come on to

tomorrow in the beginning of the show and he's going to go to his thesis. If you want to catch up,

Nick was on an episode of Marty Benson TFTC podcast about two weeks ago, I think. And just

fascinating stuff. I'd like for dark to be a little more clear on what Nick's going to talk about,

but he's going to be our guest tomorrow. And we got him, we got his brain and we can ask many

questions. I implore anybody who's in and around the insurance business who might have a counterpoint

to Nick and say why he's wrong. I would, it's going to be very respectful, but we want to hear

both sides and we'll hear. This is basically is private credit in due to correct? Well, it goes