Trumps Bitcoin Plan Has NOTHING To Do With The Strategic Reserve (TRUTH REVEALED) | EP 1514

Added: 2026-05-30

[00:00:02]Trump has sent some cryptic tweets this week about America, or rather making America the Bitcoin capital of the world, talking about crypto markets. In the face of what's going on in the Middle East, you're like, "Okay, wait, what's going on?" But this new announcement we got today that just came hours ago, I think confirms that maybe the Strategic Bitcoin reserve could be a distraction.

[00:00:26]Big could on that to hide their real Bitcoin plans. And as crazy as that sounds, I really want us to think about how hard America has fought Binance and BitMX over the years. And then once Trump came in, we obviously saw the pardons of Arthur Hayes from BitMX and of course CZ from Binance for the longest time. They were the two biggest offshore exchanges that for all intents and purposes have now been neutered in the American markets. And this morning might have secured that America is actually going to become the Bitcoin capital of the world. But I think there might be more to this story than meets the eye. So I'm going to dive right into it. So actually first I'm going to cover the Trump tweets that or truth social posts that I think everyone saw. Maybe you didn't see May I mean who's really on True Social, I guess. So maybe you probably didn't see this. Okay, so actually this is the second one. First one comes May 26.

[00:01:25]Uh, what's that? Three days. Was that Tuesday? Tuesday. And we have Trump tweeting. Wait, wait, wait. Which one was first? Yeah. Okay, this one was first. Sorry, guys. Here's Trump. It is critically important that the CFTC's exclusive authority over prediction markets is maintained. You're like, okay, what's this have to do with Bitcoin? We're talking about prediction markets. Keep that in mind here. Keep this in mind for the announcement that we heard this morning. And that they will thrive under my leadership. We are setting quote rules of the road that are the gold standard for the states. We cannot have scum like Chris Christie, Leticia James, Tim Waltz, and Jamie Pritsker setting the rules. Uh Trump's words, not mine. All right. Other countries are after this new form of financial market and we want to remain at the top. Likewise, and even more importantly, we are currently the crypto in quotation mark or rather in uh you know quotes here or actually it's quotation marks parenthesis parenthesis.

[00:02:18]Sorry guys, it's Friday. uh currently the crypto in parentheses Bitcoin etc capital of the world other countries are trying diligently to replace us in that capacity but we won't let it happen it is a major industry and we must protect it Mike Celic CFTC chairman and re and respected by all is doing a great job thank you Mike President Donald J Trump again keep keep some of these topics in mind if you didn't hear the breaking news this morning one prediction markets and two CFTC and of course crypto or Bitcoin capital of the world. So again, this was on the 26th. And then on the 27th, we saw this tweet where he actively attacked Gary Gendler. And you know my thoughts with Gary Gendzler.

[00:03:03]No, that's my troll thoughts that Gary Gensler was a secret maxi.

[00:03:08]Finally, people are starting to catch up on this. But anyways, that that's a totally different conversation. Trump true social post Gary Gendler and the anti-crypto army nearly destroyed the American crypto industry by driving Bitcoin crypto perpetuals keep that one in mind and innovation offshore but Trump in quotes which is kind of weird to be honest saved it America is now the crypto capital of the world and builders and entrepreneurs are coming back to the United States where they belong under my leadership we will codify a futureproof digital asset market structure that cannot be undone done by the crypto haters. Dude, he still got it. That's so funny to me. Oh man, the crypto haters.

[00:03:50]Lol. Anyways, the new frontier of finance is being built in America and Trump again in quotation. What? What?

[00:03:57]What does this mean? I side tangent.

[00:04:00]Your name in all caps with quotes.

[00:04:03]You're talking. What? Like is this another entity? Are we going Qan on here? This is crazy. Uh, anyways, the new frontier of finance is being built in America and Trump, again in quotes, will never let crypto down. President Donald J. Trump. Okay, first and foremost, hey yo, look, you promised me 150k early in this administration.

[00:04:25]The the clock is ticking, bro. You literally I'm trolling again. We're we we do a little troll. It's Friday. Let's have a little fun. The Bitcoin is literally down. All right. Like the price is literally down right now. So, man, come on. You kind of are letting me down, man. You really are letting me down. Um any anyways, anyways. Okay, I'm I'm trolling. I'm I might be having a little too much fun and losing you guys.

[00:04:52]So, um Okay, so going further, this is what we saw this morning. And this is in many respects actually huge. Hold on.

[00:05:03]Uh my my what's it called? is uh acting up here. Now, first and foremost, obviously, we are not a DGEN trading channel. So, for us, maybe you're like, "Yeah, whatever." You know, like Den's going to DGEN and now it's coming on shore. But what am I talking about? We got Mike Selig again from the CFTC. And remember what I was the the the phrases besides the quote Trump stuff that I was kind of highlighting to keep in mind here. one with CFTC prediction market and crypto perpetuals. Well, all of that is combined here on Friday. Okay, so we got all these cryptic tweets throughout the week from Trump, which again did seem a little bizarre considering like there's a war in the Middle East and you know, we haven't really heard anything about Bitcoin from Trump in a long time.

[00:05:57]And then this week, we just kind of saw the paper trail, I guess, or the tweet trail of seemingly cryptic true social post. Now, in hindsight, you're like, "Oh, I guess it was so obvious. It was so obvious what was going to happen."

[00:06:13]But anyways, Mike Celich goes, "In my first public remarks as CFTC chairman, I made clear that the agency would use the tools at its disposal to onshore crypto asset perpetuals. Today, the CFTC delivered on that commitment. This morning, the CFTC took historic action to permit the listing of a true Bitcoin perpetual contract by a CFTC registered exchange, charting a path for one of the most liquid segments of the crypto asset markets to exist within the US regulatory framework. In years past, bureaucratic regulators approached the new frontier of finance with the assumption that innovation itself represented a threat to the public interest. This decelerationist approach resulted in regulation by enforcement and forced American innovators and builders to flee the US. Fortunately, thank to Trump's leadership, those days are behind us and the US is now the crypto capital of the world. Again, now in hindsight with the latest news, I will connect a couple more dots here, but now we know why he was praising the CFTC chairman Mike Zelig and of course attacking Gary Gendzer. And I think this is the biggest kind of signal to that regulation by enforcement. That's what Gary Gendzer was doing. That's why the whole Clarity Act conversation was such a big conversation because we really didn't know what was going on in the Bitcoin crypto space because when Gary Gendzer was head of the SEC, of course, this is Mike Celic of the CFTC, uh it was just all regulation by enforcement. Basically, everyone would think they're doing the right thing and then Gary Genser would just, you know, slap a subpoena on them and oh, now you're in trouble and you're like, wait, but like we were doing everything by the rules as they were. And they're like, well, now we're basically making up the rules as we go. That's essentially a layman terms of every 42 IQ view of what regulation by enforcement actually means. It's really whenever they get a whim, they will enforce you by basically charging you with something. So, you really had no clue what was going on. Of course, as we mentioned a couple of days ago, or maybe it was last week, again, it's all a blur. Now, the CFTC, Commodities Future Trading Commission, and the SEC, the Securities Exchange Commission, right? Maybe I'm I'm blanking on that. They did just a joint memorandum a couple weeks ago, a couple days ago, I guess multiple days ago, saying that they were going to be more organized, that we would have probably the truest clarity in the Bitcoin crypto space at large because the SEC and the CFTC were basically not going to be opposing each other's rules. They were actually going to work together to give us some good rules. And it's almost seeming like that's probably the best clarity we're going to get in this space like it all. Who knows if the Clarity Act is going to go through? Who knows if the Clarity Act is even going to be good for Bitcoin? Anyways, it seems like all those shots, those cryptic tweets by Trump are starting to make sense.

[00:09:10]Anyways, here we go. Going further in the thread, Mike Sullig. Today's actions to onore crypto asset perpetuals reflect the CFTC's commitment to fostering responsible innovation while ensuring that these novel products are traded on regulated exchanges that uphold customer protections and market integrity. This commitment guided my earliest remarks as chairman and will continue to guide the commission's work as it looks to ensure that the new frontier of finance is built in America. Now, here is the you CFTC's official press release. And this is where it does get a little interesting. This is probably where I'm going to put my tinfoil hat on. You know, we're going to maybe dabble in quote conspiracy takes here. But this is this is where it gets interesting to me personally. And again, you know, you guys could throw tomatoes. You guys could call me an idiot. Maybe I'm seeing things that aren't there, but there is a paper trail here. An interesting paper trail here. Okay, so this morning, of course, CF CFTC dropped this press release and it goes CFTC approves BTC per contract submitted by Koshi EX LLC.

[00:10:12]Again, what was the first Trump tweet?

[00:10:17]Mention prediction markets and the CFTC.

[00:10:21]Second tweet was basically making fun of Gary Kensler and then the CMTC uh yeah Mike Sullig goes regulation by enforcement you so you know there's some conversations here there there there's some dots connecting here I'm not that crazy here guys okay anyways again just reading a little bit of this the CFTC today announced it has issued an order for approval to Kowi EX LLC or Koshi the prediction market a designated contract market for the listing of the BTC C per contract, a perpetual contract that reinforces or references the spot bit price of Bitcoin as a futures contract. Koshi submitted the BTC per contract pursuant to commission regulation 40.3 for commission review and approval on May 29th, 2026. Okay, so here you'll see Koshi's official post. Perpetual futures are finally coming to America. Trade on future asset prices with leverage in a regulated institutional-grade environment. only on Koshi got dude remember a couple weeks ago when I was highlighting um yeah literally Foxy gambling on the Bitcoin price. Remember a few days ago uh pig butchering season bag holders wanted you guys are killing me in the chat. Do you remember a couple of days ago, um maybe a week, two weeks ago, uh we heard a interesting sound, and I'm pretty sure I played this on the show, but we heard an interesting sound by Trump. And he basically said like an offreark comment, off-hand remark of the whole world is a casino.

[00:11:59]And when I heard that, obviously, I think I think it was on the show. I I did the whole Bitcoiner like uh fiat money is going to, you know, going to [ __ ] That's why we all have to gamble.

[00:12:10]You know, I went full safety on this.

[00:12:12]It's like now we even have the president, the Bitcoin president essentially saying like everything's a casino. Uh I was talking to my friend the other day and my actually it was two convers and my mom and they weren't familiar with prediction markets and I'm like, "Yeah, you could literally gamble on the weather." They're like, "No, what like what do you mean?" I'm like, "Yeah, literally what I'm saying." like the everything in our world now you can gamble on because of prediction markets.

[00:12:39]Like the whole world's a casino. So we we have been seeing this conversation happen where Trump's out here basically saying everything's a casino. The entire world's a casino. Just go gamble on everything. Obviously from our perspective, we covered this a lot on the show. It is probably one of our more nerdy conversations where it's like because the money is so bad, it forces you to basically become a gambler, an investor just to maintain your purchasing power.

[00:13:06]That's the, you know, that's like the standard Bitcoin view of this. If we had better money, if we had a hard money that doesn't lose value, then we wouldn't need to gamble, you know, our life savings just to survive. Well, that's not the world we live in. The world we live in is the entire world is a casino. And I don't know if you guys watch another tangent. I'm I'm on I'm on tangents today. What's What's a What's the Trump thing? You know, I'm rambling, but I'm going to weave it back in hopefully. Um I do watch some other content that's not just Bitcoin content.

[00:13:35]And it is very interesting that some of the biggest content creators in the world right now, most of their big sponsorships are literally like casinos and, you know, did uh internet gambling and stuff. Like that's literally what's driving the culture right now is internet gambling. Uh almost all of the top content creators like in the world like on YouTube and Rumble and Twitch and all this, they all have gambling contracts. That's why they're able to, you know, live the lifestyle and flaunt the wealth that they have is because they have gambling contracts. And so it is becoming part of the culture to essentially just gamble on everything.

[00:14:10]just, you know, don't work hard. Just freaking make a bet and, you know, basically just, you know, bet on red and roll roll the dice, you know, roll the roulette table. And that that is part of the culture right now. That is where we are. Um, which is kind of interesting.

[00:14:27]Of course, here now, uh, the CFTC's basically first move is like, let's gamble on Bitcoin. Yo, 100x leverage coming to America. Game changer, guys. All right, now we can 100x leverage trade Bitcoin on the one minute chart. Like, let's go. No, don't do that. Don't actually seriously and not joking. Do do not do it. Do sell OPI is my financial D. No, I am. That is not what I'm saying. Okay, that is not what I'm saying. I'm just saying that is what's happening though. The CFTC does have a point in this. This is the largest quote crypto market like the DGEN leveraging perpetual futures is huge.

[00:15:15]That's why BitMX was one of the biggest exchanges for many years. And then of course they slapped a charge on Arthur Hayes and they had to change everything. And then it was, you know, actually it was always um not open to American customers, but that's what a VPN was for. Now again, I'm not advising that. I'm just saying that's what people were doing. And then remember with Binance, Binance again, you can do 100, no, I think they're 50x leverage on Binance. Uh 100x was BitMX.

[00:15:51]I think it was 50 on Binance and they were open to everyone in the world. And then, you know, the whole trouble with the administration under Biden happened and Binance basically had to make two websites. one for Binance US. I think it was Binance US and then for the rest of the markets. And so basically for the last couple of years, actually for the last maybe two cycles, Americans weren't able to participate in perpetual futures contracts and leverage DGEN trading, which you know it may maybe it was a good thing, but now it's it's been opened up again. The whole entire world's a casino, right? Entire world's a casino. So, now this is where it does get interesting, but I before I get into more of my conspiracy views here. Um, dude, it's it simply opted today. So, we're going to we're going to put on the Tinfo hat. I think I really need to I'm going to make a Tinfo hat for the show and I and I'll go fool Alex Jones and just put it on when I start ranting so you know uh we we're having a little fun. But anyways, Decrypt covered this and it goes CFTC I guess again approves Bitcoin perpetual futures on prediction market cow sheep. Of course, I covered all this but there is some pretty good um breakdowns of all this.

[00:17:08]Although the prediction market described the debut in a blog post as quote the first ever perpetual futures in America.

[00:17:14]The CFTC flashed a green light of bit for bit nom bit nomial bit nomial in December under former chair Carolyn fam to offer such products. A cowi spokesperson towed to crypt that the company is aiming to launch within the next month. So it's approved within I guess June. In June it'll be officially launched. So, hey, you know, you can you can be in a perfect position to go 100x long on what you think is the bottom and you're going to get liquidated. Come into America soon and then we'll probably dude watch it go live. Everyone's like, dude, bottoms in 100x leverage just wiped out and we dump even harder and it shorts. I'm not saying that's going to happen, but it would be funny.

[00:18:03]What's the Elon Musk um the funniest outcome is the most likely. Anyways, Koshi described the development as it's quote most significant product expansion since the introduction of event contracts enabling new ways for customers to speculate on the platform that has emerged as a leader in the sector alongside Poly Market. Guys, hold up. Put a T in this. Put a T in this. Uh we are never we are never going to beat the al allegations that we are just all speculators dude.

[00:18:40]Oh man never going to beat the allegations. Anyways here we go. The market for perpetual futures which allows traders to speculate indefinitely on price movements is currently dominated by hyperlquid. I'm sure you guys have heard hyperlquid. I'm sure you guys have seen the charts. That's been the new market lead in perpetual futures contracts. Obviously, it is an offshore exchange. It's not based in the US. So, there is an active move to bring Bitcoin exchanges, Bitcoin products, Bitcoiners, builders, etc. on shore. So, on that front, I think it's huge. It is huge.

[00:19:19]They are definitely I think behind the scenes and again we'll see what this announcement of an announcement in regards to the strategic Bitcoin reserve is but this is a really strong move uh you know if you're a DJ trader I guess but like for the the markets for um just markets at large to bring this into the US or rather to allow this into again the largest financial market in the world which is Americans or America. So, it is a big move in and of itself. It is a big move. I'm being a little cynical because obviously we do not recommend you do 100x leverage on a futures contract. I know everyone wants to get super rich, but it's probably not the smartest move. I was actually joking this morning with Luke that uh now now I can finally turn my demo account into a real account and actually lose all my money. My demo account is doing really well. I'm the best trader ever. Let's go official. and it's like the South Park meme and it's gone. Uh, to be clear, I'm trolling. I don't actually have a demo account to trade 100x leverage for futures. Okay, I'm trolling. That's like an old meme in Bitcoin. When I first got in, everyone would say the same thing. It's like, man, dude, I just made like a millionx, you know, a million% gains on my Bitcoin demo BitMX account. Now I'm going to turn it into official official account with real money on the line because I'm such a genius trader and it's gone. That that's the old meme. Maybe. Dude, I'm literally unk. Maybe I'm just old. Dude, I'm I'm getting old here. Anyways, Koshi claimed that the asset class, which supported $90 trillion in trading volume last year, has been entirely closed off to American institutions until now. Now you're starting to see $90 trillion.

[00:21:11]It's huge. Okay. So onshore safe and regulated per will improve capital allocation and risk management for countless American businesses describing the move as Koshi's evolution into a nextgen derivatives exchange.

[00:21:26]Okay, again now you're now we are connecting the dot from the Trump post prediction markets per perpetual cryptos account CFTC.

[00:21:37]It all seemingly was leading up to excuse me God to this announcement of giving Koshi the one of the biggest prediction markets in the world based in New York perpetual Bitcoin futures contracts. So now dude now literally the entire world is a casino and it's finally been opened up to American markets. Lot of capital, you know, $90 trillion of trading volume. It's a huge market. Okay, maybe don't recommend using it, but hey, everyone likes a little gambling every once in a while.

[00:22:13]Don't do it. Don't do it. Well, anyway. Anyway, the CFTC meanwhile recognized that quote, "The perpetual contract design may not be suitable for all asset classes, but it's perfectly suitable for Bitcoin." Um, let's see.

[00:22:29]There was one other quote in here that I found very interesting. Um, maybe I already covered it.

[00:22:38]Last year, Coin Oh, here we go. Yeah, that's this part. Last year, Coinbase and Kraken debuted futures that try to mirror so-called per, which unlike traditional futures, never expire and are anchored by periodic payments between traders. The contracts offered by the exchange are subject to 5ear shelf lives. Dude, we're going to open up a perpetual future. Uh, what's sailor's numbers like 21 million? We're gonna go 100x leverage that Bitcoin will be 21 million in 21 years. I I I don't even think that's really possible, but what if, man?

[00:23:12]Yeah, we'll get uh what? We're at 70K.

[00:23:15]21 million times 100x.

[00:23:20]What's that? Is that 2.1 billion? Dude, we're all going to be billionaires, guys. the uh the the idea of universal basic income is now coming true because we're all just going to gamble and everyone will be a billionaire. Maybe AOC is right. We just all need more money. We can all be billionaires if we gamble on Bitcoin perpetual futures. We know where it's going. It's going up.

[00:23:46]Let's just 100x this, dude. We can all be billionaires. A genius. What could go wrong? What could go wrong?

[00:23:54]Anyways, talking about the perpetual contract a little more, we got a a good quote here from the Koshi CEO and it goes that goes, "Instead of tracking prices pegged to a specific date, which introduces additional complexity, perpetuals are a form of future contracts that simply tracks whether or not the price of an asset goes up or down, bro, we're going to be rich. We all know what's going to happen. Bitcoin is going up, right? It's going up, dude.

[00:24:19]It's gonna go up.

[00:24:22]And uh that's all that matters. It's going to go up. Let's just 100x leverage this 20-year contract. Dude, we're going to be we're going to be rich, guys. Uh you know, Opti is Yo, this is fun. Uh you know, Opti is sitting on a mountain of gambling debt.

[00:24:40]No, dude. I don't gamble.

[00:24:43]You You know, look, I know we're trolling here. I know I'm troll. I know I'm being very non-serious on today's show, but it's Friday. Let's have a little fun, okay? You know, Nico's not here. We don't need to deal with the doomer. If you don't like me joking, go listen to someone that's serious and boring. Okay? We're going to have fun today. All right? It's Friday. Casual Friday. But I I'm always dressed casual.

[00:25:04]So, it's more in my delivery that's going to be casual. Um, no, I don't gamble. My extent of gambling if I ever go to like Vegas or whatever is like, here's 50, 100 bucks.

[00:25:18]Let's just play until it's over. All right. Like I, you know, the house always wins. I know I'm going to lose it. I'm like, "This is my limit. 100 bucks. Cool. Get drunk. Gamble my hundred bucks. If I make money, awesome.

[00:25:29]If I lose that 100 bucks, I'm going to the buffet." Okay. That's as much as I gamble. All right. All right. Anyways, that's the main story here. All right.

[00:25:41]But I think there might be another story here.

[00:25:46]I think if you connect all the different dots here, what have we seen from the Trump administration?

[00:25:54]Trump Media Group bought scientific term a [ __ ] ton of Bitcoin. They did sell like 500 million I think it was or maybe it was closer to 700 million. And then he goes on True Social and he's posting like I will save Bitcoin. I won't let you down. It's like well which one is it? uh you're selling a lot of Bitcoin on the open market, but you're also tweeting publicly or I guess it's you know I guess it that wasn't really supposed to be exposed but then you're tweeting like I love I love Bitcoin, I love crypto, but at the same time your company's selling it. Okay, World Liberty Finance Trump family dropped their you know created their own exchange, traded their own stable coin. We got the Trump coin, Melania coin, which are down like 99%.

[00:26:43]We have, of course, the strategic Bitcoin reserve executive order. We have a lot of executive orders actually around Bitcoin. Uh we have in the last couple of days, actually yesterday, we saw Scott Besson goes out there in a press conference and he's like, "Look, we're going to pass the Clarity Act.

[00:27:01]It's a must. We need to pass the Clarity Act." So, there is a huge push from the Trump administration to pass the Clarity Act. So, you know, no real update on it.

[00:27:10]It's still kind of like maybe Juneish, maybe July, who knows? But there is a huge push. So, they're obviously completely involved in the space.

[00:27:22]Now, maybe, just maybe, and here's where I'm going to start speculating here, the real plan for the Bitcoin in America isn't so much for the federal government to hold a whole bunch of Bitcoin. You know, the the jump from public sector to private sector. Maybe it's just making sure your friends are richer.

[00:27:46]Maybe it's making sure your friends are the ones that are holding all the Bitcoin. And shouts out to Shinobi. I know Shinobi gets a lot of a lot of flack here, but he dropped this tweet yesterday and you know, maybe this is preposterous, maybe this is uh just because he kind of does have like an anti-Trump view here. Um, but when you read this tweet and then I show you the connection with the Trump family to Koshi and then keep in mind all the other stuff like I said in the beginning, uh, you know, BitMX, Arthur Hayes, CZ, Binance, they've they've been attacked for a long time and now they're parted.

[00:28:28]And everyone was wondering like, okay, what what was the backroom conversations about?

[00:28:34]Was it what Shinobi tweeted right here?

[00:28:37]Is this literally the the smoking gun?

[00:28:40]Is this the literal explanation of everything we're seeing happen? Which is why a lot of people are feeling like, man, I got got I got rugpulled. Like he just wanted my vote and now nothing really is being done to benefit me.

[00:28:56]Anyways, here's Shinobi's tweet and he goes, "What if and just follow me here.

[00:29:01]What if the entire goal of this administration quote backing this space was solely to grift and cash out as much as they can and just overload the market with leverage and stupidity to cause a prolonged bare market intentionally, break all of the businesses and services native to the space so their banker buddies can swoop in and buy up all the pieces and I would add on the cheap. I mean, look, the it's kind of what's happening, right?

[00:29:31]Okay, so we're in a bare market. Trump, the Bitcoin president, yes, there's seemingly some good stuff that might come out of this where 40% off alltime high. It's a bare market.

[00:29:47]And at the bottom of the be, well, maybe not the bottom, but in the middle of a bare market, we add more leverage into the system through the CFTC, bro. And then, I don't know if you guys heard, there's been a lot of speculation on on uh Sailor's latest move about buying his own bonds.

[00:30:06]And a lot of people are saying that he might be in trouble. And I, you know, maybe I was going to talk about that on today's show. I kind of debated, but I I don't want to necessarily FUD Sailor because I think he's, you know, got it figured out. But just what if, hear me out, what if what if Sailor does get in trouble and the Trump administration does what they did to Intel and they take a 10% stake of strategy, kind of manufacture this whole thing, and that's how they get, you know, a quote budgetneutral million coins. That's how the strategic Bitcoin reserve adds a million coins, you know, because the the the basis here for all of the I would say FUD for the conversation of strategy being in trouble is like Sailor probably thought the price was going to go up and hence why he's done all this, you know, financial engineering, but it hasn't gone up in like two years.

[00:30:58]So, you kind of like manufacture or suppress the price of Bitcoin. Sailor potentially gets into trouble. We'll see, you know, if he's the financial genius that most Bitcoiners think he is or was this latest move into saying, you know, be a net net buyer, you know, sell a little bit Bitcoin, not a big deal.

[00:31:18]Um, and then they get in trouble and then the US has to take a stake in strategy.

[00:31:25]Now they have basically that's the as everyone's been saying that's the strategic Bitcoin reserve. Anyways, that's that's like crazy conspiracy, right? That that's in that's in real crazy conspiracy land. But bringing this back to the Koshi markets, this is where it does get a little interesting. Again, I want to remind you of Arthur Hayes and BitMax, CZ Binance, World Liberty Finance Coin, Trump Media holding a lot of Bitcoin, uh the Trump and Melania shitcoins, Shinobi's kind of hitting the nail on the head. There's a lot of grifting here. Okay, let let's call a spade a spade. All right, let's call a spade a spade. The the crypto haters tweet. It makes me laugh, but let's call a spade a spade here. Okay. And then, you know, I was I was reading this Kosi news and, you know, a simple question popped up to my head. It's like, hm, wait, does Trump hold Kashi? Like, is he part of the board or like what's you know, is he literally just giving his friends the contract through the CFTC?

[00:32:29]Well, I did a little YouTube or Google search and I and I was reminded of this that Donald Trump Jr. is a strategic adviser for Kowi. Bro, he's got bags in Kowi.

[00:32:41]Now they get the CFTC prep futures contract. Your son's on the board.

[00:32:49]I don't think I'm doing crazy journalism here. I'm just saying I'm I'm uh I'm Charlie Dang right now. Yeah, there's a lot of connections here. My tinfoil hats on. And I'm Look, we're just we're just asking questions here. And actually, in today's world, maybe I shouldn't have asked asked questions at all.

[00:33:10]Maybe we got to talk about the aliens White House post. Maybe maybe that's safer.

[00:33:16]Anyways, anyways. All right, guys. Okay.

[00:33:20]Uh look one like it it is kind of cool you know per futures leverage finally back in the states don't recommend it obviously but it does open up a huge market into the US so the move of becoming quote the Bitcoin capital of the world was obviously doing what they just did. Now, what would be like a really interesting move here is when we get the official announcement from the strategic Bitcoin reserve, what if they announced they've been buying Bitcoin literally, you know, dump the price, scoop up the Bitcoin finally, what Q4 of this year or, you know, we heard a couple of weeks, whatever. Midsummer, we find out that the US has been buying some Bitcoin.

[00:34:10]price rips, you got your bags, we're chilling, right? Like we're cool, you know? That would be I think probably the smartest move, though. Maybe maybe you think it's just a grift and uh like insider trading and and you're not a fan of it. You don't like capitalism, I guess. I mean, look, the connection here is kind of crazy.

[00:34:33]Like, I think Shinobi hit the nail on the head, and I like how he framed it as kind of just like a a light troll. le nice little troll. Um, but it's kind of crazy. All right. Like it is kind of crazy the connections that we are seeing. It is kind of crazy the saga that we've seen from the Trump administration get into or rather not even the Trump the Trump family getting into Bitcoin and and remember look this is pure speculation and rumor but remember all the prediction market trader the anonymous huge Bitcoin or not just Bitcoin trader but prediction market trader. Uh everyone was always trolling that it was Baron Trump. You know Baron Trump's a hundred millionaire. He's about to be a billionaire by the time he's 25.

[00:35:17]Absolute Chad, dude. The grift is at all time. You know, man thinks of the Roman Empire strikes again. Does it really not feel like we are at the just loot the treasury of the empire stage? Bro, the whole world is a casino. Remember, the whole world is a casino. And now the US has finally opened up to leverage futures contract.

[00:35:43]Absolutely incredible. But hey, they are doing some things for Bitcoin.

[00:35:48]So now we can get 100x liquidated on our long position. It's not enough for us to get nuked 40% on the Bitcoin price. What you got to do is go take a 100x long because we all know it's going to go up so they can take that last 40% off of you and steal your entire bag. All right.

[00:36:13]It's beautiful. Genius. I'm a genius here. We will all be billionaires. We will all be rich and money won't mean a thing.

[00:36:23]Oh, man. All right. All right. I got to move on. I'm I'm having too much fun on this one.

[00:36:28]Oh, that was fun. All right. I got to reel it back in. I forget. You guys don't like when I have fun on the show.

[00:36:33]I got to be serious. I should, you know, my casual Friday, I should wear a suit because I got to be serious. I got to put my serious face on. Um, okay.

[00:36:43]Anyways, can we talk about how?

[00:36:48]Yeah, Dan. Hey, look, I wasn't a part of that.

[00:36:54]I wasn't a part of that, but I did like your comment about me being the uh the fittest one on the show, hence why I can think the best. Dude, I I I lit up with a smile when I saw that. Thank you very much, man. Thank you very much. All right. Anyways, uh we are going to get a little bullarded on today's show. I don't know if you saw, but uh Kathy Woods doubling, tripling, quadrupling, I don't even know how many times at this point on her million-dollar prediction.

[00:37:21]I I might be a little critical and cynical of Kathy Woods here because of her other predictions. But hey, it's Friday. Let's remind ourselves of the opium we once loved and shared on this channel because it's getting it's getting bloody out there, bro. Everyone thinks the price is going to go any lower. I don't think I've seen sentiment worse in in any of the time I've been in Bitcoin.

[00:37:47]And we're like chilling at 70K. It's just it's it's insane. And then in the in the in the news, I am I am going to kind of take a a news story that we heard and it's not necessarily Bitcoin, but did you guys hear about that story coming out of the CIA with the or the FBI about the CIA and gold bars? Yeah, that we're going to be talking about that. And then what do I got? Oh, yeah.

[00:38:14]And then uh allegedly straight open again. So markets are going to pump.

[00:38:22]Is the bull market starting? Dude, do we finally get the macro tailwinds now? If the macro geopolitical uncertainty has been cleared out of the way, guys. Guys, is it for real now? For But for real.

[00:38:36]For real. This time the straight's open.

[00:38:38]Okay. But for real, but this time's for real.

[00:38:42]Like it's it's h it's happening now. All right. All right. All right. Okay. Uh, first commercial break. I'll be right back. Dude, I'm having way too much fun.

[00:38:52]I hope you guys are enjoying this as much as I am. I'll be right back in 1 minute.

[00:38:58]Today's episode is brought to you by Bitcoin Well Infinite. If you're a serious Bitcoin buyer, you've probably hit the same wall. Most platforms make you give up custody just to play by the rules. Bitcoin Well Infinite fixes that.

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[00:41:08]Dude, I'm get I'm getting roasted on Rumble right now.

[00:41:13]I guess you guys don't like maniacal opty talking to myself going crazy. I don't know. I had fun. All right. I guess that's all that matters nowadays.

[00:41:21]If I enjoy what we're doing here, I guess. No, no, it's really if you enjoy it. It's really if you get a kick out of it that's really what matters here. I am just your your monkey on a string. I'm just your puppet on a string.

[00:41:38]Anyways, the Bitcoin price is 74,110.

[00:41:42]Dude, it's so over. It's so over, man.

[00:41:46]The discount from all time 41.3%.

[00:41:50]Dude, we are under 1 point market cap 1.48 trillion. The block ID is 951,594.

[00:42:00]We have 98,46 blocks to the having. And the having estimate date as of today is April 10th, 2028.

[00:42:11]Long long way off, huh? Anyways, if this space has anything, it's plenty.

[00:42:18]Yeah. Yeah. Yeah, guys. Guys, do the news monkey. I did not I don't I don't smoke, okay? I just drank coffee this morning. I actually went to the gym and dude, I'm so cooked. All right, this is me coping with the fact that my body is sore and I feel like death right now.

[00:42:39]Okay, so I'm we're we have a little fun, man. It's casual Friday. Let let me troll a little bit. Jeez, you guys are so serious. Anyways, Kathy Wood has had a very famous Bitcoin prediction for a long time. Hundred or sorry, 1 something million dollars. She does kind of adjust this. Uh, but now she's back on Fox News doubling down on her million-dollar prediction. So, hey, it's Friday. Let's Let's remember the good times. Let's remember why we're here.

[00:43:12]Lambo is a million dollar.

[00:43:15]No, dude. I'm gonna get clipped out of context. It is what it is. Let's have fun here. All right, here's a clip. I will talk about it.

[00:43:23]>> The way we get to uh that number now, that is our bull case. Our base case is closer to 750,000, but the bull case uh involves uh a substitution for gold. So as as uh generational wealth transfer takes place, we think uh we think that younger people are more prone to uh adopting a digital store of value. So that would be Bitcoin. Uh the second is uh Bitcoin is an insurance policy particularly in emerging markets against uh you know fiscal and monetary neglect uh at best or or corruption at worst. And so uh as wealth increases around the world, we think that uh individuals will shift from stable coins and that's been a very interesting development uh to bitcoin which has much more appreciation potential. But the biggest the biggest reason is institutional adoption. That is the biggest. This is a new asset class. it has very low correlation uh to other asset classes in terms of risks and returns. Uh and so every asset allocator has a responsibility to examine it because it will increase risk adjusted returns over time.

[00:44:51]>> Um so first on her her take obviously I I agree you know I I totally agree with what she's saying. Um, I I still believe that Bitcoin is is going to give incredible returns. I'm actually kind of side topic. Let me let me pull this up.

[00:45:10]I might I might kind of change this a little bit. Um, cuz like look, Kathy Wood, I love her.

[00:45:18]Uh, she's a good spokesperson, but like a lot of her predictions don't come true though. This one will. All right. This one will. Okay. This one's going to come true. I am convinced we are going to be seeing those numbers. But what I have, this is like a gut feeling, okay? Um, in the last couple of days, like sentiment has been so bad. It's like the worst. Like I said a minute ago, it's like the worst sentiment I've ever seen in Bitcoin. Yes, it's the bare market, you know. Yes, excuse me. We've been going sideways for basically two years. Um, the sentiment's horrible, right? Like it's really bad. And I saw this tweet.

[00:46:01]I'm trying to find it right now for you guys because they were able to Hold on.

[00:46:08]Sorry guys. I feel like I got a hair in my throat. They were able to I'm trying to find it. Sorry. They were able to map the price of Bitcoin with like the sentiment and the anger and they're like this is the worst they have ever seen. And you know, we love charts here. Maybe we can break this model here. I mean, where is it? I should have I should have brought this up, but I didn't really think I was going to talk about it. Let me see. Fear or angry? I think it was angry words.

[00:46:41]Is it this one? Okay, here we go. All right, we're gonna we're gonna we're gonna pivot. We're gonna do a pivot here. Live pivot. Okay, so I saw this tweet by Zinc. He goes, "This is probably the worst sentiment I've seen for Bitcoin in over a decade. AI stocks are going parabolic and the S&P 500 is hitting all-time high after alltime high after alltime high." Dude, if you look at the S&P 500 chart right now, it's it's insane, dude. All right. Gold had its run. Everything is making money right now, and it's almost hard not to.

[00:47:12]Everything except for Bitcoin, bro. It's so true. It's so true. The contrast makes it particularly brutal. It is not just the fact that Bitcoin is down, but also that every other asset is at or close to all-time highs at the same time. The opportunity cost is massive, especially for newcomers. It is tough, but we have been here before. Stay the course.

[00:47:35]And the reason I'm bringing this up is because Michael Sullivan put this chart and he goes, I couldn't agree more. I've literally measured the language used by Bitcoiners over time. The plebs the plebs have never been more angry than they've been right now. Not to mention a bunch of other negative emotion. To my opinion, this is quite bullish. So, when this was 27, so that was Wednesday. So, I saw this on Wednesday evening after the show. And I went to go get some lunch. You know, I'm doing what uh Kevin Olirri said I shouldn't do. $28 lunch.

[00:48:07]It wasn't $28. I went to Jimmy John's. I got a sandwich. It was like 14 bucks.

[00:48:11]Still expensive. Remember $5 foot longs?

[00:48:14]They're $14 now. Okay. I didn't go to the subway. But anyways, the chart is interesting. And I was thinking about this at the, you know, after the show, I I get to do a lot of pondering here. I come on the show, I see what you guys are saying, I see what's going on in the world. And then I get some downtime in the evening where I either make food or I go get food. And the whole time, you know, I'll have some music in my in my uh, you know, wired headphones so I'm not burning the last couple brain cells I have. And I was just thinking about this actually. I was thinking about it and then my friend called and we were just talking about where we currently are in in in the market and like what the sentiment is. And here actually for the audio listeners there's a chart here and it's Bitcoin USD price starting in U or yeah the end of October 2023 and then they have this line here that is Bitcoin pleb's average anchor deviation.

[00:49:15]It's genius. Um and since October of 2025 basically 1010 remember 1010 did 1010 break something? Uh it's it's huge.

[00:49:25]It's plus 1% which is in the I I'm trying to learn how to read this. So like green I guess in the negative is like they're we're saying positive things about it I think. And then plus one is everyone being angry.

[00:49:41]It's uh it's pretty high. And of course this goes back for a few years.

[00:49:47]Let me let me chart boy this. It's higher than it was in 2024.

[00:49:52]But I think what does also make me extremely bullish?

[00:50:00]Nothing better than a Maduro and OPI chart boy sesh. It's a Maduro. Is that a beer cigar?

[00:50:07]Me and me and the Venezuelan dictator.

[00:50:10]What? What are we talking about? Um anyways anyways anyways I'm getting distracted. I got like 80 I'm literally like a car a dog chasing a car. I'm just like new car and that the car is the chap. Anyways, when I think about where we currently are, what is the prevailing kind of view is bearish? It's going to go lower. Like Bitcoin is dead. Like people are literally out on the timeline.

[00:50:36]Bitcoiners are are Bitcoin is dead. I don't know if you guys follow any of the shitcoiners, altcoiners, but they're all capitulating their bags. like some of the biggest ETH proponents have capitulated their bags. I'm seeing people crash out on Cardano. Uh what's his name? Charles Hoskins. Uh I see people dumping their salon. Like they're they're exiting the market. Well, exiting shitcoins and and maybe maybe we do have to kind of give them an branch and and you know, bring them on home.

[00:51:06]You know, maybe maybe we should be a little nicer. Now, I don't know if that's my role particularly cuz I like to troll. And if I'm trolling and it hurts your feelings, like, bro, toughen up, buttercup. Like, that's all I'm saying. But maybe as a kind of a a broad view here, maybe we should embrace them.

[00:51:25]Come back home. Just leave your shitty ideas over there, but like come back to hard money. Come back to Bitcoin. Uh, but leave again, leave all the shitty ideas out there. Anyways, anyway, all of this is happening right now, right?

[00:51:36]And it's like it feels brutal even though we're at 70k. You know, remember not too long ago like yeah we were at alltime high but also we were at like 30k for a long time and that was horrible. You know we were at 58k forever and that sucked. Here we are at like 70. Who knows if we're going any lower. I I'm kind of thinking it's going to be trending sideways and we kind of are on a make or break right now. Like you know bare flag eminent. Hopefully we're bouncing off. But anyways, all of this is like it feels really bad. It's boring. It's bearish.

[00:52:09]People are saying Bitcoin's dead. It's like it is making me bullish. I'm like, everyone thinks the price is going lower. I'm like, what is max pain? I'm like, it rips so hard. Like, you know, we haven't seen Bitcoin rip in two cycles here. What if we got a crazy insane rip? Maybe it's not tomorrow.

[00:52:33]Maybe it, you know, maybe uh Nico and Ben Cowan are right. Maybe it isn't Q4.

[00:52:38]But what if we just get an incredible rip? I'm like, dude, everyone is so pissed off right now. Everyone's about to capitulate their bags. You know, Bitcoin treasury companies are like selling their entire treasuries. Like, we're actually pivoting away from the Bitcoin treasury.

[00:52:54]Like, the stocks are getting nukes.

[00:52:56]Everyone's like, Sailor might blow up.

[00:52:58]You know, what is going on here?

[00:53:00]Trump's, you know, selling his Bitcoin, embracing Bitcoin. We have Bitcoin perpetual futures coming to America. We can all leverage long Bitcoin like mass DGEN coming. I'm like, what would be Max Pain? is everyone either one on the sideline because they're bearish and they sold their coins out coins, you know, because they're just trying to get out of the market and then they watch it rip or two you get liquidated because now you can 100x leverage in America and you know why not yellow and you lose your coins and then it just freaking rips. Dude, I'm like I'm so bullish. I'm like more bullish right now. Maybe it's me literally losing my mind. I'm like coping. I'm just like, "All right, everyone's bearish. Maybe it does drop.

[00:53:44]But you know what would be so much funner? If it just ripped. If it just went so absolutely insanely bullish. It rips and you know 750 base case is bearish.

[00:53:59]You know 1 mil by 2030. It's like not that long away. It's four years, dude.

[00:54:04]Next cycle. Next cycle by 2030. $1 million.

[00:54:09]I'm sick of this. Oh, we might just get the 200. No, bro. Remember, Uncle Rockstar, your Bitcoin price prediction should be so insane, people think you're an idiot.

[00:54:21]We're doubling down on it. 1 million by 2030. The RIP will come.

[00:54:30]Uh yeah, dummies are going to be in stable coins to get yield for reals, dude. And it's going to rip one mil next four years. YOLO, baby. Let's go. All right, let's go.

[00:54:46]One second spike to 250K. Hell yeah, bro. Hell yeah. I'm with that.

[00:54:53]I don't know. Look, I'm just talking here. I'm just casual Friday. Just have a little fun. All right, we're having a little fun, you know? Don't actually mean, bro. Don't be like, well, you know, this is dangerous financial advice. I'm like, bro, I'm just a Bitcoiner. It's going to go up. Okay. I don't know at the time, but how much cooler would it be if we, you know, got two two limp D full bull runs in 2021 and 2025 and then we just get a ripper in 27, 28, and 29.

[00:55:36]Super cycle, baby.

[00:55:39]No, no, I'm not saying super psycho. I'm trolling. I'm trolling. I'm just saying what if. What if?

[00:55:47]Was that Mandarin? I don't know, man.

[00:55:50]All right. Anyways, uh, dude, this one's not, you know, technically a hard money story. It is about gold, but dude, this story is just insane. It's just, it really reminds me of the same thing we heard with Bitcoin and the US Marshalss. It's like the same thing but with gold now. It's Bro, what is going on?

[00:56:12]It really confirms the idea of the culture we currently live.

[00:56:16]You either need to gamble to get rich or you need to lie, steal, and cheat to get rich, bro. Our culture is cooked, fam. We are cooked. It is over, dude.

[00:56:29]I'm uh I'm I'm oscillating between nothing ever happens and it's so over right now. But that's when it's making me bullish. Okay. Anyways, commercial break. I'll be right back.

[00:56:38]I want to give a shout out to our partner, Letin. Here's something most Bitcoin holders never figure out until it's too late. You're sitting on wealth you can't touch without selling. Letin fixes that. Bitcoin back loans. You keep your stack, you get cash. And they just introduced the lowest rates ever. No complexity, no fine print. The larger the loan, the lower the rate. These new rates apply to all new loans, refinances, and renewals. You'll see all the rates upfront before you apply. The new lower rates come with Letin's Gold Standard protection. Your Bitcoin remains custodied and is never lent out for interest. Perfect 8-year track record of keeping clients assets safe.

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[00:58:29]Sorry guys, choking choking on water over here, dude. Guys making me laugh too hard in the Rumble chat. Get cooked.

[00:58:37]Q5 is going to be the best quarter. I agree with that, CSU or Cuite. I agree with you, man.

[00:58:46]All right. All right. Okay. We we'll reel it in. So, check this check this story out from Watcher Guru. They tweeted, "Just in, FBI arrest senior CIA official after finding $40 million in stolen gold bars at his home." You're like, "This can't be real, bro." Like, what? This like this can't be real. And here we are in NPR. Former senior CIA officer took home gold bars and millions in cash, FBI says. Look at this guy.

[00:59:20]Uh, so look, this this article is kind of funny. Many people in the workplace struggle with expense reports and imposttor syndrome. And then according to the FBI, there is David J. Rush, a former CIA official who is accused of taking gold bars and bolt cash to his Virginia home while also allegedly lying about his education and military service, according to federal court records.

[00:59:45]And uh I don't know if this article says it, but from what from what I saw on Twitter, the guy literally just like asked asked the agency to take the Glow Bars home and they're like, "Yeah, whatever, dude." And he just like took them home and never brought him back, dude.

[01:00:02]Insane. And also, uh you know, you lie.

[01:00:07]Did you lie? Wait, you you steal, but also to get the job, you literally lie about your education to military service. Like, is anyone is is anyone doing background checks here, dude?

[01:00:22]Dude, what's going on? Like, what is happening here? This whole story is insane. So Rush, a former senior executive service level CIA employee in Virginia was arrested on May 19th, so 10 days ago, after FBI agent searching his home seized more than 300 1 kilogram gold bars valued at more than $40 million.

[01:00:46]According to an affidavit from FBI, special agent Matthew T. Johnson. Dude, that's a good name. It's a good fed name. Matthew T. Johnson. Strong.

[01:00:54]Special Agent Matthew T. Johnson. Dude, that's it's like a superhero name. All right. Who works in the counter intelligent in counterintelligence division of the FBI's Washington field office. FBI agents also seized approximately $2 million in United States currency. The document states, finally, FBI agent seized approximately 35 luxury watches, many of which were Rolex brand. Damn, dude. It really pays to be CIA. This is crazy. Um, charged with felony count of theft of public money.

[01:01:27]Uh, remain in the custody of the US Marshall Services. There it is. There it is. There it is. Um, bond denied. Yeah.

[01:01:35]Yeah. Yada yada yada. The CIA says it informed the FBI of its suspicions about Rush, who apparently fell under scrutiny after he began asking for gold bars last November. That's when we began making quote several requests to obtain a significant quantity of foreign currency and tens of millions of dollars in gold bars for work rellated expenses. After a CIA internal investigation identified potential violations of the law, CIA director John Ratcliffe referred the information to the FBI for a law enforcement investigation.

[01:02:09]A review of the storage page Rush used at the CIA found that only part of the cash was there. The AY's inquiry into the matter is ongoing, but it has not yet found any record of why Rush said he needed the massive amounts of money.

[01:02:22]Bro, what is NPR doing? Yeah. Uh, hey, look, I know he caught you with 30 1 kilogram bars of gold at your house, roughly 40 million and $2 million in cash.

[01:02:39]But man, why did you need such a massive amount of money? Like, bro, what?

[01:02:45]Dude, we don't care. You You took it.

[01:02:48]Why'd you need that much money cuffs? Cuz I'm trying to be trying to be filthy rich with my homies, bro. What is happening? Insane. Insane.

[01:03:01]Again, obviously, uh maybe there's not really the biggest connection into Bitcoin in particular, but again, we did see something similar happen with the US Marshalss where the kid whose father company was tasked to custody the US Marshalss Bitcoin literally did the same thing and got caught because he was flexing.

[01:03:26]Um, I think this might just be like a broader conversation of maybe the culture at large. You know, as as I said jokingly, like where we currently are to get ahead. It does seem like those that lie the most, steal the most, and cheat the most are, you know, the people that get ahead. Now, I'm hearing Galain in the chat basically saying, you know, to be a politician, to be a billionaire, uh, you know, you got to be like a Mchavelian, dark triad, you know, liar, stealer, cheat. Now, I don't necessarily agree with that. Like, I actually was having this conversation with Dante yesterday and we were we were talking about Jeff Bezos and it's like, dude, like everyone gets mad about Jeff Bezos for being so rich. It's like, bro, he gets our packages at our house in like two hours. Like, it's It's effing amazing. Like, you know, Amazon's the goat. I love Amazon. I probably shop on Amazon the most. And I'm like, dude, the value that they provide on Amazon is insane. And I think also I I fell for the Amazon Prime just, you know, here's here's here's my life, okay? You know, I'll give you a little bit of my life. I think I fell for the Amazon Prime thing.

[01:04:36]Uh they did like the you know, they do always like the 30-day trial and uh dude, it's like a game changer. Dude, it's so awesome. I Dude, I buy everything from Amazon. It's there the next day free. It's It's amazing. And then I look at my, you know, it I only caught it because I was getting this reoccurring payment to Amazon. Like, what the hell is this? Like, what's this 10 what? $16 payment. I forget what it is. I'm like, dude, I'm getting scammed by Amazon. No. No. Well, yes and no. I I fell for the free trial Prime and um I never cancelled it. It's been amazing, dude. Shouts out to to Bezos, though.

[01:05:14]Also, cultural reference here. Did you guys see the Blue Origin rocket blow up yesterday? Dude, that was insane. The footage is nuts. Insane. I I don't really know all of the details. All I know is that that visual there, it was nuts. I don't think anyone was hurt in the process. I think it's something maintenance, fire, something something. But bro, the video was insane.

[01:05:40]Carbon footprint of that rocket blowing up is insane. We We should No, no, no.

[01:05:45]No, I ain't doing that. I ain't doing that. But I'm sure I'm sure someone was.

[01:05:50]Opti is a pathological online shopper.

[01:05:53]Dgen gambler. Dude, stop exposing me about this, bro. Why you Why you got to do this, man? Dude, that was between you and I. Okay. Uh I've never been to Houston, RL. I've never Well, I've been to the Houston airport. I've never been to Houston. Um I don't know.

[01:06:14]Don't think they were cheering like space, bro. That's dark. That's dark, man. Um, yeah. Yeah. So, yeah, I've never been to Houston, man. Um, I I don't know when I'm going to go to Houston, but uh yo, Foxy, that was dark. That was dark, bro.

[01:06:31]That video was insane. If you guys haven't seen it, like, yeah, it's horrible. You know, again, I don't think anyone's heard it, but dude, it's nuts.

[01:06:41]It was It was an insane explosion. That That was pretty crazy to wake up to.

[01:06:47]Now, obviously, it's not like What?

[01:06:48]Which one is it? The Challenger. Like, no one was hurt through the process, but man, it was insane. Okay. Okay. I bought a used Ledger from Amazon. No, dude.

[01:07:01]All right. I guess I guess PSA PSA PSA.

[01:07:05]Uh, probably the best idea to buy your hardware wallet from the supplier themselves. Now, I think Bit Key is on Amazon if I remember correctly. Or was it Best Buy?

[01:07:19]I know Ledgers at Best Buy, but I don't know. I don't know. I I probably wouldn't do that. I would just go to the manufacturer's website to buy your your hardware wallet. So, bad bad country club hillbilly. Bad Country Club Hillbilly. All right. We're going to uh dude guys, do we one minute chart? Do we do a little one minute chart to wrap up the week? I don't know. Anyways, last commercial break and uh I don't know.

[01:07:46]We'll try to make some sense of what's going on in the Middle East. Looks like it's over. But this times it's for reals. All right, guys. Like this time it's for real. For real. I promise.

[01:07:59]Pinky promise. For real. For real. It's over. I don't know. Didn't we just bomb them like yesterday? But now it's over, dude. It's over. Okay. Or, dude, who knows? Anyways, we will talk about that. And it seems like seems like maybe if it if it is over.

[01:08:22]We could have marked the bottom. Could have already marked the bottom. That's what we're going to that's that's what we're going to speculate for Friday.

[01:08:28]We'll we'll uh we'll end the week with a little bit of opium. Not just price opium with uh please don't blow up the worldopium. So I'll be right back. I want to give a shout out to our partner Hive Digital Technologies fueled by clean energy. Hive has quadrupled its global Bitcoin mining footprint and channels that same scale into high performance compute where their AI cloud is now ranked number one in the world for network performance. At Hive, you've got dual engines, Bitcoin and AI humming, roaring, accelerating in unison. They're lean and mean. They're green and clean. And they're rewriting the playbook on sustainable digital infrastructure. You can catch the latest buzz at Hivedigital Tech or at hivedigitaltech.com.

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[01:10:17]Alrighty then guys. So kind of big breaking, you know, massive breaking.

[01:10:24]I mean, look, if this really is the end, I think it it actually like, you know, no cap, no [ __ ] In all seriousness, I think uh this would be a macro headwind turn tailwind and at least in the price action we're seeing this morning.

[01:10:46]Dude, maybe Dude, maybe Trump did maybe he did save the markets here. Okay, anyways, what am I talking about?

[01:10:55]Well, Trump tweeted this this morning at 10:51 a.m., so about an hour before I went live, and he goes, "Iran must agree that they will never have a nuclear weapon or bomb. The Hermoose Strait must be immediately open. No tolls, again, Bitcoin tolls for unrestricted shipping traffic in both directions. All water mines, bombs, if any, will be terminated. We have removed through detonation numerous such minds with our great underwater mind sweepers.

[01:11:26]Where where's the end of the quote or the parenthesis? Anyways, Iran will comp complete the immediate removal and detonation of any mines that are left.

[01:11:35]Oh, there it is. Run on sentence. Which will not be many. Ships caught in the straight due to our amazing and unprecedented naval blockade which will now be lifted may start the process of heading home. Say hello to your wives, husbands, parents, and families from me, your favorite president. The enriched material, sometimes referred to as nuclear dust, which is buried deep underground with virtually collapsed mountains caused by our powerful B2 bomber attack 11 months ago. Sitting on top of it will be unearthed by the United States, which it is agreed is the only country along with China with the mechanical capability of doing so. in close coordination in conjunction with the Islamic Republic of Iran plus the International Atomic Energy Agency and destroyed.

[01:12:24]No money will be exchanged. If you guys have been following along from the last negotiations I've seen, one of the big caveats from the Iranian side was that they wanted the US to unfreeze about $26 billion of their funds. They're like, "Look, maybe maybe we'll come to the table, but we want our money back."

[01:12:49]Which, you know, as I think we've all kind of noticed, the straight of Hormuz, the war in Iran has definitely brought Bitcoin into the conversation of geopolitics, into the broader conversation. like Bitcoin's role I think is becoming very obvious in a world that kind of wants to move away from the dollar and further in a world where we have nuclear tension here prime example you probably don't want to be using quote your enemy's money here even if the enemy is the world reserve currency as you like the the broader conversation here and the fact that Bitcoin has even been brought into this conversation is absolutely absolutely insane, but it has. Okay. And then obviously censorship resistant money though they have, you know, frozen confiscated some of their funds and like there's a lot of there's a lot of avenues here. Anyways, other items of far less importance have been agreed to.

[01:13:49]I will be meeting now in the situation room to make a final determination.

[01:13:53]Thank you for your attention to this matter of President Donald J. Trump.

[01:13:56]Okay, so that's what we got this morning.

[01:14:01]Let's Let's not forget that maybe by five o'clock tonight it's going to be a totally different conversation. All right, but for real for real this time, guys, for real, for real. This time, I'm serious. It looks like the straits open.

[01:14:14]You know, at least our sanctions, our naval blockade are being lifted. So, boats are going through. We'll see uh the Iran responds to this, but as of now, it looks like it's open and the markets are reacting pretty favorably to it. So, we'll go here and I think it literally So, I'm on the 1 hour chart here.

[01:14:42]I think it would be this wick here. So we wake down to 72 basically 723 and then uh yeah Trump basically tweeted that and we have gone up since then.

[01:15:00]Obviously, we don't have that much time, but did did Trump just stop the bleeding, at least in the Bitcoin market? Cuz we we don't we Dude, do we really want to look at the S&P 500? Like, bro, this is insane, bro. We should have literally all just bought Nvidia, AMD, and the S&P 500, bro. What's going on? Oh, man. Dude, it's nuts. But it looks like um yeah, all markets are reacting pretty favorably to that news. So if this is the end, big if obviously like that's the big if. As of now, for real, for real, this time's real guys, it's over.

[01:15:43]Apparently though, I have seen a lot of conflicting talk on social media. You know, Trump's like, "Yeah, they want to negotiate."

[01:15:53]later on like, "No, we don't." Like, "We never want to negotiate. We don't trust you." But this time, for real, for real.

[01:15:59]Okay. This This time, this time, um, he's not crossing his fingers. This time it's for real. For real. It's done.

[01:16:11]Sorry. I'm just, you know, we'll check the charts a little bit. Go. Uh, dollar index down. Okay. Let's look at Let's Okay.

[01:16:24]Debbie crude crude oil spot going down.

[01:16:28]So let's see what happens here. But like for real for real this time it's it's really over.

[01:16:38]If it is if it is big if if it is um I think it would be one of the macro headwinds turned into a tailwind.

[01:16:48]Obviously, as we've been covering and as kind of has been the prevailing conversation since February, the war in the Middle East is definitely one of those macro situations that has probably caused the slump that we've seen in Bitcoin.

[01:17:04]Also, the October 1010 Binance snafu, I think really kind of broke things. Like, I think it might have fundamentally broken some things here.

[01:17:15]And we really haven't got, you know, much relief here in the last what, eight months. Is that eight months?

[01:17:25]Yeah, eight months.

[01:17:28]Is it behind us, guys?

[01:17:31]Are we Are we finally through the woods?

[01:17:34]Are we finally Are we finally through the woods?

[01:17:46]Yo, that's so funny. Hey, dude. Not going to lie, it really do be feeling like uh Chuck-E-Cheese tokens right now, bro.

[01:17:56]Yo. Yeah. Are we going after Cuba now, dude? Are we pulling out of Iran now?

[01:18:00]We're going after Cuba.

[01:18:05]I'm beginning to feel a breeze, dude.

[01:18:06]Are we? Ah, dude. Do we got the burgies to our back? Are we finally going to get some life in the Bitcoin sale?

[01:18:16]Come on, man. This time's for real.

[01:18:19]Don't take it back. Don't take it back on this one. Please. I need I need Bitcoin to do something. Please do something.

[01:18:29]I'm dying out here. I'm tired, boss. I'm losing my mind. I'm losing my mind.

[01:18:35]Uh, if it sings and you haven't been here long enough, eventually even these times you will be green through young ones. Uh, yeah, dude. Honestly, stay crazy.

[01:18:47]Dude, I am reminded right now. This is what I'm going to sign off. This is how I'm going to sign off on today's show.

[01:18:52]Again, guys, thank you every single one of you guys that hangs out with me, that watches the videos, whether it's live or the rewatch or has watched any videos.

[01:19:02]truly thank you from the bottom of my heart. It's been fun. You know, it is fun. I know I complain sometimes. I get blackpilled. I, you know, I I can't always stay optimistic. I try. It It is a It is a mental framework, but I'm human and, you know, I I get down sometimes.

[01:19:20]But I am reminded of my boy Eric Kase and I've said this conversation on the show before.

[01:19:27]I think this was like two years ago, one of the Bitcoin conferences. And I saw him and I was like, he's a he's a good friend. Like I I love him. He's a he's a good guy. We every time we hang out, we have a good time. And he was like I I saw him. I hadn't seen him in probably like a year at the time. I'm like, "Yo, Eric, bro, like your rips are so good recently. Like, dude, that one interview you just did like a month ago was hilarious. It was so awesome." And he looks at me seriously, like as serious as he could be. Dead pan. And he's like, "I really feel like the Bitcoin community wants me to go crazy." I'm like, "What do you mean?" He's like, "Dude, I literally just go on these podcasts. I lose my mind. I absolutely lose my [ __ ] I go crazy.

[01:20:13]I come to He's like, I black out basically just rant like a lunatic.

[01:20:19]I I feel like I'm losing my handle on my mind."

[01:20:25]And then everyone hears it and they're like, "Man, that was the best rant I've ever heard in my life. Like, you're a genius, Eric Kase. You're you're my favorite Bitcoinist." Like, I think you guys all want me to go crazy.

[01:20:38]I'm starting Eric. I get it now. I get it. I totally get it. They want me to go crazy, too. But we shall not succumb and we will not we will we we we're just having fun. All right. We're having fun. It's all about enjoy. Look, the price has been ass. All right. Price has been whatever. Continue to accumulate.

[01:21:07]Continue to take Bitcoin into self custody.

[01:21:11]We will show up and give you the latest news.

[01:21:15]But at this point, all we're really do like we are we're we're a support group.

[01:21:19]This is AA right now. Okay, this is Wait, BA, Bitcoin Anonymous.

[01:21:24]We're here to just have fun and pass the time at this point because who knows what's going to happen. We'll keep you updated on the latest news, but in reality, we are just here having fun playing with our bitcoins.

[01:21:41]All right, guys. I'll see you Monday.

[01:21:43]Have a good weekend. Much love. As you always know, make sure you call your loved ones. If you haven't called your mother in a while or your brother or your sister or your friends in a while, don't isolate. Reach out to them. It's it's needed. Okay? It's also the weekend, so tomorrow, get off the couch, get off Twitter, take a walk, get some sun on you if it's sunny. It might, you know, it might not be sunny where you are, but if it is, get outside. You know, I don't want to say touch some grass. Like, get your steps in. All right, eat a good meal. Treat yourself.

[01:22:24]Okay, we made it through another week.

[01:22:26]Treat yourself.

[01:22:28]I would suggest, you know, an actual workout.

[01:22:32]I'm cooked right now. I'm super sore.

[01:22:34]S's been beating me up. I was sore before I got in the gym. I'm sore now.

[01:22:40]But it's Friday. Thank god. Thank God it's Friday. And of course, buy some Bitcoin, acquire some Bitcoin, take it off the exchanges. Maybe, you know, maybe it's a chill weekend. Maybe you need to uh update your your Bitcoin wallets. Maybe you need to secure your Bitcoin. Maybe you want to run a node.

[01:22:56]Maybe, maybe you just want to chill, watch a movie. I don't know. Treat yourself, man.

[01:23:03]We're in it for the long run.

[01:23:06]I think I might be missing something I usually say, but whatever. On that note, have a good rest of your day. I will see you on Monday. Peace out.

[01:23:15]>> Today's episode was brought to you by bitcoinwell.com, a Bitcoinonly platform on a mission to enable financial independence.