$100K BITCOIN | RABBIT HOLE RECAP #334
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So, freak, this rippers brought you by a good friends at unshamed. We've got a special event for you, an online event. Bitcoin is hiding its stride.

Massive etf inflows, major g political changes, increasing corporate adoption in a proposed U. S. Tra teacher reserve twenty twenty five is shaping up to be a defining year.

I think it's pretty safe to say that if you've been paying attention, you probably should be here's a real question you to be asking yourself. Are you ready? Is your big queen house in water? If you're not sure, you're luck on december tenth, unchained as hosting essential session focused on helping you get positioned for what's ahead. You walk away with the clear path to your end of your moves, smart, smarter strategies for bringing your family into big coin in the confidence of knowing your set up for the long call.

Join unchained general council jeff Andrew and adamec capital founder tir the mister both have been on the the cast many times to understand what makes this moment different in the key moves you need to consider from urn planning to bring your family into bitcoin the right way with the bull run gain momentum. This is your window to get ready for what's ahead. Registered unchained that com slash or hr.

It's unchained that com slash or hr. This rule is also about to you by a good friends at coin coin kite producers, the best bitcoin hardware in the world. You're watching the video right now. You can see the block lock behind me. This is the only true black clock, the best black clock.

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You've had a dynamic where .

money become freer than free.

Let me talk about a fed just gone that all all the central banks going not so it's .

all acting like safe haven.

I believe that in a world where central bankers are tripping over themselves to divide their currency, bitcoin wins. In the world of fiat currencies, bitcoin is the Victor. I mean, that's part of the whole case for bitcoin. If not any attention, you probably should be, probably should be, probably, should be, probably.

I've been a skeptic over the years because of some of the things that you just quote to power on in terms the store of value is not a currency equivalent, right? This is a speculative asset. And we say, be very, very careful, be very careful.

We don't haven't inclined us. That's right now. There are ways to play IT through the exchanges, but certainly, it's getting the attention and we're get lots questions about forty percent since the election, but sixty percent A R R for fifteen .

years or ten or fifteen years. So you've missed that.

We have missed yeah, we did miss the oecd markets. So we got that, which has been a .

strong performer.

He's got that going for him. Enjoy your equity market returns, buddy.

Best big impact guests of all time square x joe carnon .

just go in in as the Price goes up one hundred thousand and two hundred seventy five cook box right now.

Jeans just getting started should be a fun cycle for .

him when you think you leave C, M, B, C. And just starts his own straight to the people bitcoin podcast.

I mean, why he's got the best one already.

it's true.

And like sarkin really is a good foil to IT, right? Like that's what makes a great .

sarkies got to be thinking .

though like i'm .

looking like an idiot for going on a decade .

now that clipsed great, that clipsed gona, it's a little piece of history right there. Happy on your day.

Happy hundred. K math, math. Surprise me with the jacket. Making me feel like a true, disgusting human being, like, warm my sweater here.

if feel like the right moment. Historic.

historic is right. I set up way to late last night.

In classic. In a classic lesson of of humility, I H we passed one hundred gay bitcoin while I was in bed with my sixth sun, and he had finally fAllen asleep. So I D like, maintain my, my emotions. I had, I had A A sick wife and a sixth sun, and then I was just me, just like wide awake for like three hours, just lying in bed.

We we took control way .

of celebrating.

We took a roll through zocor park class. Now they have a beautiful Christmas slide show set up. And since we're in neighborhood, we get the the early bird special, get to go walk through.

And we did that little late, for the boys will pass their bad time. There are little crankie. There was little emotion in the car right home.

We get home. Look at the the black clock, micro and read crossed one hundred thousand. The vives of the family switched immediately.

And then I could not help myself, but stay on twitter and look at the reaction for the Better part of seven hours last night. I want to be the three am. Shame on me.

That's pretty larus. Yeah, I wanted to see pretty early actually.

I get a bout. I got a bout. I wanted to make sure I rode a bent the late that we crossed one hundred thousand dollars, massive, massive, momentous occasion. It's weird because, yes, what we go on.

sap does one hundred thousand .

and wow, saf.

Thank you much more to you. Have both been an instrumental part in my big coin journey and education over the last two and five years. It's an honor to get to work in bitcoin, let alone with you guys.

And so many other big corners are very excited about the future. cheers. I think that's the largest APP we've ever received.

China is seth. I mean.

it's sad works with a patos. I patch only the .

best big account .

in the world that's I had .

a call with seth earlier over today. We're going to get to a very important topic later in the show. I'll bring set back up at that point in the show.

Looks like the freak, like my Green jacket freak. This is my only, the only jacket I own.

It's my, you got married that yeah.

my wedding jacket.

I I knew I recommended that jacket.

I did not win the masters.

Not yet, not yet. Not one hundred. K, maybe you going to go do good and other stuff, and the other stuff can be.

Gov, you're going to get good enough to play the masters one day long time. You think this is significant? Like I was saying before, seh graciously zat to one hundred .

thousand sats stracted.

There is something psychological about crossing the six figure mark. Even for the last two weeks i've been hovering right below, between ninety two, ninety eight, ninety, ninety and we're only seven hundred and fifty dollars above one hundred thousand and one hundred thousand. Ninety ninety eight thousand seems closer to sixty thousand and IT does one hundred thousand seven hundred thirty seven dollars. The psychological seems like we've a pull ourselves up on a platow headed to the peak. And we're looking down at the past that part one of bitcoins story in looking forward apart to least to me to get that feeling well.

yeah, I mean, I think it's a you know from a human emotion standard point is very psychological, right? And we've talked about in the past, you know, I think one hundred dollars was really psychological to people with thousand dollars, ten thousand dollars, a uh, hundred thousand dollars. And then what's the next psychological number after that? A million.

And IT definitely feels, I don't know, like I mean once again but in of course in classic in classic biton timing. Um I was like trying not to wake up the sick baby that was like impossible to put him down. And I I have three dogs, so it's like you have like night guards watching you.

So like you can even like walk around that much because they just get excited, you know, then they might wake the baby. But my phone was blowing up. IT was like, new year's is like, congrats on one hundred.

K is like, I got more congratulations than new year's. Well, I mean, I think anyone, I I don't think we have to explain to the freak, right? I think we all just live for IT IT.

Clearly, going into IT, you feel that there's gonna a psychological as a psychological impact of one hundred two, right? But at ninety nine K, I didn't really I don't think I really a recited how that affects humans until we had actually slammed through IT, right. And then at that point, like I was immediately obvious like you felt that I felt that you know, millions of people .

felt that yeah, the the text and calls I got called, people call me, I have won good buddy from college, won't call him out my name, but he knows who he is, was one of the only people that listened me back in two thousand thirteen. And he, somebody grew up right behind regally field, live with his parents in college. When we were seniors, I was like, you should probably think about my big coin and he started aping.

And like, while he was living in this parent sales, buying bad coin, any time we had these historical mile stands against me, call and we talk for like fifteen minutes last night, those are the best, the best moments you get, the people they are thankful to listen and took. And with that, in this on you, I think you will be happy. And I think bit stein did an incredible job .

of captain.

No, we're playing the video .

to twenty thirty seconds is a great video. But like the audio IT doesn't have any audio really. It's just gonna be like .

it's good classical music. If you're listening on the podcast, enjoy a minute and fifty seconds of some good classical music .

fantastic video and I know bit seen has been waiting four years supposed to okay, fine play, but just know if you're listening to the to the podcast version. Marty, hate you.

I don't hate you, I love you and you're going to enjoy this classical music for anybody watching the video of version, I think again, I want.

I want you. Na, why you are as the .

never go. Bitcoin has known in trinity c value. Bitcoin is just for buying drugs.

Bitcoin as a ponzi scheme. Bitcoin is evil between waste energy, between dozen scale tulips. Bitcoin is my space.

Bitcoin is too volatile. Bitcoin can be copied. Someone lost their bitcoin password, my grandma and he's bitcoin.

Bitcoin is no merchant adoption quantum computers. Bitcoin is too slow. Bitcoin is just for speculation.

Bitcoin fees are too expensive. Bitcoin is too expensive. The bitcoin Price crashed tether.

Bitcoin is anonymous. Bitcoin is an anonymous. China controls bitcoin, china band bitcoin.

Bitcoin is deflationary. Bitcoin needs inflation for security. Bitcoin isn't scarce because all coins.

Bitcoin isn't scareth because is devised ble black chain, not bitcoin. Bitcoin exchanges could be hacked. Bitcoin is cold.

Bitcoins are toxic. Biton distribution is unfair. Bitcoin doesn't paid developers, shadowy, super cotters.

Bitcoin enables the ranks where biton is just a tool up this, that one out. Bitcoin is used by terrorists. The government will ban bitcoin. Bitcoin is a bubble.

And all the people rejoiced and said, god save the coin. Long live the coin. God save the coin. may. Bitcoin live forever.

Couple mester, but the point is .

that is the best thing I am so glad that we had. I know that great team market, great teamwork castine, I all came together. That was the moment.

But IT capsule tes the first six senior, and that is crazy house, all called legally. It's sixteen years. The queen had its skin era earlier this year.

Sixteen sixteen is in western culture defined as a year of maturity. You can get your license and you do things many states. And um you begin to leave childhood into early adulthood, late teenage years.

Bit when is there if we pass one hundred k and like the code up and said, you have missed that many people have been deriding a tool of tea. R no, but I think this is a celebratory, the opposite of a struggle session, whatever that is that we're going to have here. We're we did IT.

Did you see the financial times article?

Yes.

the biggest here.

the biggest load of cope ver financial .

times has been hating on bitcoin forever. Rode obeid apologizing to readers. And the last line, the last, the last paragraph, the best. We're sorry if at any moment in the past fourteen years, you chose based on our coverage not to buy a thing whose number has gone up. It's nice when your number goes up. And we're sorry if you misunderstood our cyp to cynical m to be a declaration of support for try five because we hate that too.

Yes, cope .

fucking lario. Do you see what I put as the link to the top story of biton passing point? One million. I'm sure you saw this money, right?

Yes, the truth or apple is the truth.

yeah. Trump post to truth social congratulations .

back corners one hundred thousand. You're welcome together. We will make amErica great again. Thank you.

president trump. Did you ever watch milano with your boys?

Yes.

I just thought, I immediately thought of the rock, and they are welcome. So you .

will go to my Youngest had a, had a mejia a face a couple months ago. Meja na toes that haven't seen yet.

I am not either action.

What he thought in the trump comment.

I mean, is fucking in lyrist. We live in the best time line.

really do. It's been a long journey.

President elect telling us you're welcome for passing .

hundred k you know, i'll give IT. I'll let them do that.

Who cares? I mean, of course, you can do IT non stop to them, but i'm not. I mean, he obviously, his election definitely helped the immediate short term Price action.

But there is a lot of people, I would think, before him in terms of of the of this journey so far. Yeah, it's it's important. It's important that he, he thinks that was all him. That's good. Let's give a big one.

Yeah the youtube chat pop and off sap, that dream pop.

the real person, the real person, the thing. And I put this on the bottom of this from those that is yellow, with a one thousand, one hundred and twenty three days in a row. He did don't stop believing twitter spaces is because he promised he would do IT every day until one hundred k and I do not think he thought was going to take this song so shadow to yellow, who's. Gonna get to do his last space today.

Do you think you sick that on you?

I think you would be really funny. We fall below one hundred k by the time of spaces go of life.

The prospect of that is he must keep .

the time at this point.

I mean, I hate to the song and eighth grade when I blew up and when I came back when we were in middle school, did to blow up in your area too, was like the biggest middle school dance. sung.

G, huge. Yeah, was huge where we were around the same. So I can. massive. yeah. I got sick of IT.

Then was, i'm done, i'm done with this journey. Song, get. That's why. Yellow, i'm sorry. I think i've popped one of those spaces because I I deal that song so much.

With that being said, I I do think IT is pivotal and important that we have to Clarks dashboard logans looking for stuff right now. No, no, what he's doing to give him update. What does the, say, the network look like .

about doing that freak is always, uh, a writer, right? And the ride or dies dwell in our naster stream, which you can find IT R R 到 T V slash stream， we have map twenty one s twenty one thousand sads, M L X zapp twenty one thousand sads and Marks zapp twenty one thousand sads um and then plenty of other smaller apps. But those are the top three reasons we last update to you.

Thank you for for your support. Marks, by the way, said while he enjoyed the video, here is up for marty to never do that again. I think that was one of the best things that over the last six years, a rebel recap Marks .

why you come into the studio and set to my face and and in her.

right now there are A.

Clark dashboard, one of the most important and Clark dashboard updates R, H, R, history, current Price. Because in one hundred thousand eight hundred and forty cockboat, what cockboat is only going to get you nine hundred and ninety two sets, three digit moscow time, insane market campus, big one right?

You want talk about psychological sad per dollar is less than is three dangers. Now that's crazy love to see you.

I hope you are getting those sets where they .

were cheap rending to zero. Look, you should a state humble ah you should still stay .

humble and stack that when .

you still can. Yeah yeah. And I think it's important for people. Everyone always thinks are late doesn't matter when you get in, we stock forever.

Was IT too late to adapt the internet in two thousand and eight? Was IT too late to adopt fire in the year two thousand? B.

C. Is IT too late to adopt the combust an engine in one thousand nine thirty four? No, it's never too late. A topic or Better technology is that simple. It's sitting at a perfect two trillion dollar market cap right now. There have been one thousand nine million seven hundred ninety one thousand six hundred eighty point two five betwen distributed to the market, ninety four point two four percent of the twenty one million bitcoin en that will ever exist.

We are blocked at eight hundred seventy three thousand four hundred and seven, which means we had a difficulty adjustment between last week episode today that was an upward ds adjustment of one point six percent, which brings us to a new difficulty all time high. Another one, another one. We are currently one thousand five hundred thirty seven blocks away from the next difficulty adjustment estimate on on december sixth.

Right now, it's looking like an upward ds adjustment of five point three percent. We're only a couple of days into this difficulty e pox. So take that with the great assault blocks been coming in at nine minutes and twenty nine seconds on average.

Clarks tini wini metal as one hundred and thirty six thousand, four hundred and thirty three transactions in IT for over a mental of space. I'll see they have two hundred and seventy seven thousand and three hundred forty seven transactions and fees despite the the Price pumping, he is pretty online right now. We have a high priority transaction when to get the next block attaching eleven set per v by feet to that transaction mean priority ten sets pervy by low priority ninety per v by that is the state .

of the network h have another state of the network.

give IT logan.

can you go to having tracker on x? We were talking about bit team earlier. This is one of his boss, and he promised me, by the way, that he's going to put IT on master, because masters can have the best pots, masters perfect for pots.

I saw you note that the .

other day we're working on IT nor should like you know, the only the only place you can get elon's jet tracker is on monster has been banned from facebook and dex. So open up. Can you make this chart bigger? So this is the current cycle since having mapped to the three previous ones, the four previous ones.

Three previous ones, obviously there's four havings um there's been four havings. Marty, do you do you still think that's gonna a super cycle? And if you do, does that mean has to go past .

the highest cycle in the past?

Or like where at what point does IT become a super cycle?

Um not use the passive. I think I think I just can go below a certain point after IT. S I don't know, ask you.

I know you put me on this pot. I don't know who knows what's going to happen. Brave new world, it's much easier to go.

It's much used to go from one hundred thousand to a million than I was to go from zero one hundred thousand. That's what I have in my mind. Um I I mean I .

with that I do with that but like is pretty crazy. I mean it's like tracking pretty I mean I have far away from me but just tracking pretty well on the twenty seventeen cy twenty sixteen cycle.

Yeah, that would mean reading the math on that a few weeks ago, there would be one point eight million if we did the same.

right? But this is like a pretty charge form. Anyway, this boat post once a day and hopefully dents start posting a naster and that doesn't count. That's not T A. That's just historical stuff .

comparisons.

Yes, numbers.

numbers.

We're get IT on on that as bad. But I just wanna know like at what point I can give you a proper shit on the super cycle stuff.

You'll know what we know, know what we know. If you have to.

I ve that's to play as .

the question, like, will I will I ever at what point am I able to say, look, this is a super cycle.

Yeah at what point?

Um I don't know. Maybe the next having. Little park Parker, lowest gets on master until we can know.

I mean, I guess we'll find the night having well that we will see what the chart looks like, right? I mean, if it's if it's anywhere within the range of previous cycles is clearly not a super cycle. It's just not the cycle.

No, I don't know, I don't know. I don't want to say that, but you .

really said IT set multiple times.

I feels little .

different. We're going to dump .

all one hundred k as well now because I said that start freak me. Um right, let's go to a list. Anyway.

I believe that I is under performing all previous cycle right now. Yeah, we should be higher.

Should be higher, send a higher super cycle. We do have a judge before and we have a list. There are things going on outside of the Price movements of bitcoin.

I was in the less this week, you know, just like whatever all just reminders, it's been quite the journey.

There is a lot going on. This happened earlier today. Strike launches, bill pay for those.

Has he launched?

I thought I did, but it's supposed to launch today.

And I ask jack if it's still launching today and he didn't respond to me. So I put on the list anyway.

Well, thanks for the up that up on that. Thanks for the end up on that. Hopefully strike will be .

launching bill pay today, which the feature I am very excited about because if you live all in biton, uh, your force to let keep a dollar based float a to pay expenses that you have that where they don't except big line now or immediately. I guess um if i'm pregNancy this, I guess I reject tea teeth the future online already so I don't feel like i'm sporting IT too much.

Um but you can just basically they you get an account and routing number and you can just give that to your credit card company or you give that to your mortgage company um and then they'll just and they keep bitcoin on strike. And then I just automatically pulled from the bitcoin baLance to pay your bills so you can legit live all in bitcoin. And then when you know your american express bill is due just seamlessly auto pay IT from the biton baLance at the time it's do instead of keeping that float, which is quite Frankly paying the s um so I mean, I am so excited about this future that I added IT, even if they haven't wants to you, but I think I supposed wants to. exciting.

Beware, free. beware. Keep your eye. Keep your eye for a very important framing here to all in bitcoin.

Yeah, live in all star. Join us.

We're taking the the R H, R knock off podcast title and we're we're going to run in .

the esa all in the say.

Now Jason seems really focused on on microsys or these days .

yeah is really and. I hate I was doing like the bullshit hater thing. Where is like hating on bitcoin and hating and seven like I own and I don't think you really does own much bitcoin if he owns in at all. I think it's safe to say that, Jason, everything he stands for as incredibly short bitcoin.

yeah, no, everything is whole. M, L, is to stick controversy, try to put himself at the center .

of I like I was still hard to get him on the all in podcast, which is the good podcast, and then he tried to get them on to like his second tear podcast, or ever start up. yeah.

Oh no, no.

That's not a bad. Think about breaking out.

Not today.

Not today. Anyway, just in our constantly refresh your strike up and hopefully I was here there some time.

Are you reading that? Reads, that was a good one. The all caps .

really makes .

IT IT really does. Moving on, uh.

moving on.

Biton is for enemies. Bitcoin is for everybody. That is an a political open source, distributed protocol that anybody a has the ability to access that they can download code, run the code, uh, set up a private public key pair, learn how to receive bitcoin, send bitcoin, uh.

And this is being acknowledged by president blamor putin, who was on stage. I'm not sure where yesterday, a couple days ago, and we will just not going to play. The clip is in russian. I think any .

freak read the subtitles as okay.

I mean, you're there any russian speaking freeze out there?

Just read this of time. You'll be the translator or .

i'm a voice action.

Now I go .

bitcoin. Who can buy back coin? No, but if you do, I post on your drug a and you can prohibit the use of other electronic means of my tools were developed .

one .

way or another, because everyone will strive to reduce costs. My person. Yeah pun can stop a quin I listen to the official .

translator he did a way where job and you did you Better um and I mean you skipped over the previous link which is trust says he'll tariff any countries which leave the dollar and he specifically called out the brick's countries including russia um so IT shouldn't it's gonna an interesting few years um in terms of geopolitical economic warfare yeah .

I recorded an epsom ftc earlier this week. The drops tomorrow gentleman ee millmen and he was on the show earlier this year. He had some really interesting thoughts in the game theory around all this.

I think what we just saw from puttin could be a positioning because as we've talked about this over last couple years, the brick's countries have been accumulating ing a buttonable. China, russia particularly have been have been buying tons of gold over the last few years and um not purchasing us treasuries. Obviously russia is not purchasing them anymore.

They got them frozen and male listened to t ftc to mark to get a more articulate version of the theory. But the easy basically saying that because trump is going, the incoming president in the way is been pushing around a bit. Coin strategic reserve, that is bitcoin is firmly entered the geopolitical game theory and the idea is that bitcoin is a tool to defying the brick's countries who are looking to create a gold bad currency.

Um and if you look at the bill that since lamas h has put forth, the part of um that bill is like repricing the gold certificates that the U S. Government owns that are being held by the fed um up from forty two dollars where they are today and dumped them immediately to buy backhoe, which would have negative consequences for the Price of gold which would um which would hinder the ability to breaks countries to build a currency on their gold reserves that they had been building for years. So I want to be surprised if what put was saying was just like a sly sort shot across the bow of the trump administration saying were on to the big coin thing like we .

can play this game to anybody yeah like he just great upset IT um he said the quiet part of lab.

Does that mean. What do we allegation state rushed to like dump gold for a bit coin. I think I think .

what happens first is I do think they try and do a bricks currency. And then I think trust breaks down. And then they switched to a big one because the beauty of bit line is that IT doesn't require trust tween counterparties. but. My guess is they still try and launch something that relies on trust between them, whether that backed by gold or other commodities or mixture, both.

Tell, tell why this is wrong.

I can read IT. What doesn't say I happened .

says you happen.

The websites broken. Clearly we are the robot. Your websites broken. I was so much today.

I like four times right before. I had not just knowing that this can pop up .

ab so much today. My grand, my grandkids are going to be subset with me. The mount is APP today. um. Go to um look .

and .

go to master, I think masters that outcome that.

No, it's yeah .

masters .

APP I .

com either.

But it's like there's literally that you went to my page specifically. Well, now I feel on the spot but not I mean, you can do that. That's about public inversion.

Um aster's APP 点 com is a IT tracks IT tracks like all the tops uppers， the day and when I was really great site. Who is the types over today? Go to the home page. Missing that.

I don't know how does IT .

does IT? I don't know. They're post .

an update everyday .

ones pretty cool .

back to put bitcoin, say.

robot, your websites broken mari, both up today um fix your shit.

There is who's .

the top one I can see.

I got seven hundred seventy three point two thousand shout. You set on there, sets on there.

shout out to you sah. Because it's really cool if there is that in our live stream. IT also shows .

appear so the freak get .

credit as there's upping us on the on the global leader boards um and I see jack up there jack had a great note uh earlier today which was thinking all the open source developers who helped who helped to make one hundred k possible without them we would have nothing and is often a very thankless job thought that was very well put. But yeah, if you're not using master, you're just missing out a generation wealth. We're just recklessly just sending sites all over the place.

We're going to add something to your russia thing, bricks thing. You are completely to real there.

H Mandarins and big coin standard.

we live IT. Do you want to talk about the other medical topic of the week?

What was the other mendous .

topic of .

the week? York is in.

That's fuck to take nude.

yeah. What is the head of the united health insurance glassy ated and in new york. And I guess he had a public shareholders meeting so people know he is going to be there. Um and IT seems like someone who got denied health insurance did IT.

I think that's IT. Yes, he had some words on the bullet experience, he said, denied, dismiss, depose on the three ball super shot, which is nothing. There was .

something else, deny. But yes, I was how they handle all insurance claims, yeah, where they reject insurance claims. I mean, that pretty much tells IT. I mean, although if there was someone who was pretending IT was that, they would also do that, right?

Yeah, how do they not teach? I mean, makes me think was like a corporate sb, not should. Or something like that was, how did not caught this guy?

I don't know. I mean, I mean, did you see the facebook post that they posted? Like they like took IT down after there was like twenty one thousand laugh aog es were done on the no .

that people hate, like these instance.

like people hate these insurance companies. Like a lot of people's lives have been ruined because these insurance companies. Um so there's a lot of motive out there. There's not a um i'm surprised didn't have I am surprised in my security.

Yeah that and my .

you didn't even read the book. Yes but yes, I mean, way till people realized that their pensions are all bankrupt.

Yeah, I mean, we had map call from strive funds on t ftc. Drop that yesterday. And I mean that he worked the cellars for sixteen years. Yeah and he actually .

go into the .

details is like a lot of the marketing around the underfunding of these pensions is between twenty and thirty percent, but they're paying out current pensioners one hundred percent and the real underfunding for people that are gone to retire in ten twenty years is more like fifty da seventy percent. It's way worse than people understand .

fucked up.

very fucked up.

Um on a puzzle note bike in space two zapp to one hundred thousand sets joining the sap or got a split for family events. Thank you for everything adel Martin fixed here to the beginning of a long journey. Cheers.

cheers to you. Be out in space to enjoy your family event. Family is important. Um moving on to the human rights foundation story that we coming out of china this week, which prepares for sanctions while eye taiwan, china's actively studying sanctions imposed on russia to prepare for potential repercussions if IT invades taiwan, chinese officials visited moscow central bank, finance ministry and other key agencies analyze how russian navigated economic restrictions.

This pro active approach speaks to fears china may have over three point three trillion and farm reserves and overseas bank assets, which would face significant restrictions under western sanctions and effort. To mitigate these risks, china is working to diversify away from the dollar dominated to assets and reduce reliance on us treasury bonds, which underpins the global financial system. This comes amid escalating tensions with the U. S. After washington approved an armed shipment to taiwan, prompting beijing to vw resolute countermeasures uh, to hear more stories like this and others, sign up for the human rights foundation financial freedom report newsletter, which comes out every thursday morning at financial freedom report dot work.

Yeah.

you loaded in this up, man.

I did a triple banger on a road. Mandal. I is out.

Three point three .

trillion in U.

S. Treasury bonds. Try noes.

The jack responded to me in A A half an hour ago saying it's rolling out now, announcing in an hour.

This is where IT all happens. This is the word happens. This is what the arena is.

The light chat R H R. Share up to that of a breaking news before IT actually breaks. That's what that's we come here for. Freeze also come here to participate you have to read the top four boost from rabbit rica three thirty three the hundred thousand dollar bitcoin drinks to to to top boost from sill at pringle mac on noster hundred thousand sets merry Christmas legends you've made twenty twenty four the grey year yet you to show up, stand up and speak up week and week out your bravery is honner's here's looking at you both in person in twenty twenty five final thought make every day the place where magic happens love slan tony not be so appreciate the support.

Merry Christmas. Merry early Christmas.

Merry early Christmas.

Does australia have Christmas early?

No, it's a, it's a Christian holiday that there is a specific day .

that you celebrate the birth .

of order. Uh, second boost from Scott offered, uh, is you read this yet?

No, I ve been read. I need them.

It's an add fifty thousand .

and is fifty thousand. Thank you for your support. Free if marty thinks that i've run burden to over there is not just blindly reading IT.

We're not reading IT to join the telegram group about us. okay? We have you check out the telegram group is legit.

I mean, sky spin around these in the winning industry.

I was a bit account now .

to different out. I got will refund .

if you want IT yeah we will refund.

We we don't read ads on on the boost been it's been a rule for five years since we implemented IT when the podcast people need you twenty nineteen.

I ve been forever.

Blockchain, book five thousand sets, gobble, gobble. J, B, J, B, three, nine, nine, thirty five hundred sets, pound.

Well, that's a big divergence in the top four apps. Real drop off was talking.

I had no yon on T, F, T, C. yesterday. We were talking about this, especially one hundred over up.

I take a jackets off.

take a jacket off. Take cake. Take IT off again.

Promise on the jacket.

The million. We were time about this yesterday that I think the live streams of that streams is eating into podcasting tube on a boost.

Are you had million on a primary?

Yeah.

wonderful. Um did you ask him? One's upstream.

I didn't impress them on that, but we did talk about we were using the example except after saying except that dream IT seems like it's eating into the podcasting two point nobs. But it's cool to see because found and know it's a another client like it's inner Operable. I can be on prime and get a notification as somebody boosting rabid al recap they tag me in the note. I see that on primo al first I going to fill them is there is ineradicable .

and yeah I mean, the big negative is that means we do worse in the fountain charts um because it's coming into the live stunk. But I I personally I I besides that technicality, I love the live stream is act like you just feel like so much harder but anyway, however freak choose to support us, I love you. But i've definitely noticed i've also noticed that was still dispatch um which is is just an interesting thing. I would be nice to found and somehow figured out a way to also I mean.

because they can it's all you can. You can go ve elt no genera dos every episode.

no. But then you split your live stream and then that live streams .

audio only yeah .

and then you're split. Then what we're looking at two chats like I like this abstract Better because I mean I like the video component. I alive with us. We're interacting with the chat um but would be nice to found and just tract what these apps were going on in our live stream to their leader port is fine.

I can say humble.

but we don't need to be top of a leader board. I just appreciate the support regardless.

Marxist and found could show apps that happen in .

the stream yeah exactly. And then they can include out on the comments. And I mean, Oscars been crushing IT, you know and also millions been crushing IT at the end of the of dispatch he just came on, uh, last week I I get ably bully show and I was like, so when are you going to support live streaming and promo? Um uh you know it's a priority, but it's going to take some time before that happens.

I do bus as far as every time he sends me in the release that when I asking where his lifetime support, because that would be awesome. I will say amazon has lifestream support and a noster with A U N O S T U R has lifestream support, which is great. Yeah, mark, I put they're .

going back to that. I found like this is live streamed over R T M P, and then would found pick up as what we put on to our access. So I don't know how.

No, I know. But these are all, like, these apps are all noster events.

I know.

So they can still pull the nater vents.

But IT would really like very manual. You'd have to match the video live stream with the sin.

like they're separate.

Now this podcast doesn't exist on R S S. A, and it's completely separate file structure.

Meet up that. yeah. But they could easily count as apps because these apps are go in a rabbit al recaps and pub during our live stream.

I'll talk to ask her about, see, we can figure now ask for you, ask her for the listening.

I do think the leader board in general, you know is cool concept, but could use some work because it's easy to game yeah but it's cool. It's nice. It's Better than the status cal anyway, if you're not using found in podcast down your favorite p store ah for the ultimate podcasting two point now experience I do this fountain is like sneaky, one of the best noster APP because most people using, I don't even know they are using a nasser APP. Uh but all their comments and everything is interpret able with every master client and a as a naster user is super cool of someone comments on fountain. We can just like natively retweet IT uh or or is up IT or like IT or ever pretty awesome and is working .

exactly as .

you'd expected to without the user even realizing what's going on.

Yeah on to. Software updates section of the podcast. This is really cool asy. There has been a twenty twenty four q code out at uh by the B D katine between development cup. Very important projects in the space.

Steve mires, in everybody working on that has done an incredible job of getting this project where that is today. Many projects depend on this development kit to build, while at that are easy to use and actually have all the functionality that you want. Um despite how incredible this project has been, IT is good to get external validation that the code base is secure. A IT has been ordered by an independent third party. That is exactly what has happened um was an effort LED by antaeus pusat uh from wizard ardan which is a which is the company I I .

trust is not is not wizards. Sardine right? Isn't wither wizards .

are dine no wizards are in.

Hi, wow. okay.

A, B, D, K been noted. That's a crazy name. Visit ardan or visits are in. I was always weather .

ardan like to fish.

yeah.

okay. I mean, just to say that there are you reading from IT? Yeah, yeah.

You right. wow. What do you think what they go with?

Ard fish wizard packing stuff into 完了。 Any comments on this? There's all the urbans up to the podcast so good that looks like a fish logo to me.

I love the idea that the code on IT is a great just a great practice to be doing. Uh, I I think they're doing quarterly code of its yeah that's right to the left. I'm sorry, been thinking your name is different. The old time.

They're pushing the team behind leona.

pushing any scrip. I know I know which in was the team on A I just remove the .

star part with yeah, it's a hard .

place to keep up with. I do my best.

That's that's a good thing. There's a lot going on. Uh, a clear version zero point one, one point zero has been released with official board twelve support splicing liquidity ads in on the fly funding prototypes.

Pretty big update A. Big update from eClair using a update das no deck alpha now available to purple subscribers. I am a purpose described. I have not changed this out yet.

No decades. something. yeah. So I was like a little bit as little at rush making a list.

So apologies to all developers out there who I might have missed your software release. I kept this often releases kind of like this week, but this one is a big one. Uh, it's still very much alpha, uh, so there's still a lot of features to be added.

And you know, it's a little bit rough around the edges, but uh, it's a highly performance native noster client for desktop that is very customizable. You can see it's a very strong foundation that is built on top of and to me, i'm super excited about this. So I mean huge shadow to dramas and G B fifty five for shipping .

this so .

far and for continuing to ship at at a lightning pace. But if anyone um is used to tweet deck, uh, on twitter now. X I guess it's a premium vedran.

X um this is A U X Y Z IT looks similar to tweet deck right where you can have many different feeds as I get plugged into the matrix ah and and and you can use that how everyone to use IT like the ultimate power user type of client. Um so i'm partially very excited about this. I personally you know preferred to not use mobile one i'm using master.

Um so to have a highly performance tirely, customizable dustup clients, a big deal for me. And also I like the idea that premium users like people who are paying for domus purple, get first cut at at by other releases. At the releases, they can use them first.

That's a nice ethical way to monetize, obviously, to open source. So you can anyone without subsidies can just build up from source if they want to. But if you want the convenience of a bar ager APP install um you have to go. So I would suggest people check IT out, play around with that is still quite early, but very promising.

Good check in africa. Shout the domes. team. J B, five, five. Very important tool. No tweet deck was my, was my entry into the matrix for for the Better part of a decade, until god completely here.

O G to a deck was great. This is going be Better. This is going to be even Better than the O G to a deck.

I think. I mean, like this not is gona win not because of censorship, persistence and freedom properties. I think that's gna be a side effect. It's gonna in because it's just gonna a Better U X and Better tools um and that comes from a being an open protocol, all where users can choose the tools that best suit them and there be many, many different options.

It's happening. For I mean, the first half of the conversation with millions yesterday, I was about um the state of monster in the speed at which things have changed over the last year. And if you project that rate of change forward, things we're going to improve rather quickly.

Feature parity is close for many aspects of the social media apps and even superior in other aspects. The personal feed stuff is in the advances search is already Better on primal, I would argue, not what you have on twitter. X whatever were calling at these days do, do, do, do, coin base says, no, not to use VPN. This is hilas. I just thought .

this really hypocritical because it's like the same ceos that were like grandstanding about dee banking and how unfair d banking was. Do the do similar things to their users, right? Like every use of V P N, like your coin, basic actually gets frozen.

Yes, so for these are unaware of what happened. I believe this was yesterday, the day before at least some ethereous pendent took to ex to announce the been banned from coin base and did not have an explanation. Came back hours later after the coin base team hot in as manches and dms, I imagine.

So I figure this out, you talking about this, and you came back. And because I was using a VPN and then read the head of security of coin base game out said, yeah we ban VPN because most people that are um attacking individual users of the point based platform are using V P S to get in. So we just broad brush ban V P S because of that.

It's like that's insane. I I quit. I had a quip, I used to VPN access my my, too big to fail bank account, nether day, like too big to fail banks, V, P, S, coin base, and come on.

Yeah 会 create hybrid， critical and user hostile. They can it's not necessary they can do other fraud measures if they that aren't. So fraud brush, I mean, VPN or just at this point is a standard best practice for this is high do on the internet.

yeah. Speaking of digital hygiene.

and I think he also said ad blockers .

too is yeah ad blockers yeah just like the reason to be brothers, you can't. And if you need .

another reason to stop using coin base.

that doesn't make any sense. Like why with the reduction of ad blockers, why were the use of ad blockers prevent coin base from cover that enable hacker to get user funds on coin base? That doesn't make any sense.

I know maybe they're doing some like buy where type stuff, where the tracking browsers.

they they signed a deal with the arrestors .

like that what. But yeah, cobey says like there's surveilLance package that to .

the government. interesting.

Moving on.

Alix machine, sky, notorious shake winner, terrible person, founder of that and .

his point is up sponsa scheme blew up I was taking his .

user bitcoin promising yield lenning IT out to the general traders who inevitably ultimately lost i'll see a user bitcoin um and the pound blew up and he's been grandstanding for years. Sales with the bankrupcy proceedings have come with similar assumes. Let me against the users of celsius s that move their funds out of cells. Ist won't became clear that uh, there was a potential for blow up there and sales when after their users to try to call the fund back in the attempt to pay out bankrupcy claims. I don't if that was successful but IT looks like macy made a plea deal um admitted guilt to two charges at seven, I believe and he will spend thirty years in prison, probably not serious the sentence you may get out early on good behavior, but who knows that you met?

I don't know if is possible behaving well, I guess you find out, I know I put in there because. I I I think when that happened, like a lot of people a lot of people would have said that you know he wouldn't see any jail time for IT.

I don't want to say I was surprising to see that happen, but um IT was not necessarily expected at least this quickly um so seem notable also just another case of um learning from the pass particular for new freak that are in bitcoin is the first cycle. Um there are a lot of people that will promise you too good to be true things um and you need to stay home one stack at and learn how to hold back on yourself. It's not that difficult um because if you trust someone else with your bitcoin, uh, they are security all they can steal your bitcoin and in the case of soucians, he was promising like what like ten percent there something grow your stack.

You know you're missing out on these great returns. And he got a lot of people, like a lot of people that should have known Better that the sales ist bankrupt. Uh creditor list is public information.

That's why we know the button .

has bickle yet the kingdom of the time I caught up in IT um but also a lot of individuals that should have know Better so just cautionary tale. I think there will be a lot of people that we are going to you know tell you that .

you're gna promise you the world that we have the filtering mechanism to recognize these machine key was the word. He came in with a guy. I was, I helped build, vote the voice over internet protocol.

And like there was many big quinn's that I have had a lot of respect for that like we're trying to get me to have among and remember big twenty thousand machines yeah and and you just always run me the wrong way and I i'd like to think come from the the hard streets to filled off. You will learn streets, Martin, how to recognize when somebody y's a bullshitter and immediately bullshit me to went off with machine keep. But there was a lot of people creating a moral lake.

Luke's credential. He built void lake. Of course, he's gonna bit coin.

I mean, he spoke the big twenty and twenty conference. People were calling him out. That was where I believe him safe.

And to my song or no to n vase had their debate. And he was adamant, like this is how this government work. They're very confident, but they present to be very confident that they can do what they do. They don't actually make sense when they are describing what they're trying to do and they'll deride the sensible people saying you can get yelled on bitcoin or asking how you get yield on bitcoin um because this is a scarce digwell asset, the only way to get yield is to give IT out to people who take rest with that. In return, more big coin in this free of this market is proved that that is extremely hard, if not impossible to do.

IT looks like sets up another of ten thousand six just to maintain its top spot in the stream yeah I mean, I think one of the coolest parts about this show is lily.

That's the cool part about this show. Anything can happen, freak or full surprises. I wonder what that was going to say.

What do you think that was going to say? Look, and one of the calls parts about this show did say anything, right? Anything can happen.

You just got a right. Anything can happen. He just hop off the stream and they can. I am back. What happened?

And the batter daughter, yeah, paul thought he was pledged in, but there was a battery.

Could you still hear us?

Yeah, we can still hear you. We were like chocolate or here and he did he did pretty quick reload on the battery that I was first ah um where are they saying, oh yeah, I mean six plus years, we can just cut the stream at any point and you will just never see a coming uh, no, it's like a time machine, right? You can go back and you can see how we were thinking about these things when they were happy.

Now I know IT takes a special breed of autism to. I go back and listen from beginning, but if you're one of those people, I think IT could be quite enlightening to go back to whether we start twenty eight and just listen to every episode from the beginning. It's a little window into .

the past yeah and the sales uh situation I remember between en two and twenty one landed miami terrible offset move. Don't recommend this anybody but I was a tailer cambell who was the cradle of the interview to this podcast from unchained. And we hoped in in uber with some random club toward the conference where hotels where there was like a back up and notice that he was there for the conference the day we're going to this area watch to happen the uber with us and in that over this guy I believe he was like a navy veteran Young guy in the thirties um and he was bragging about how he was essentially sent me retired because he was just living off the yield income on a saltiest account this is somebody that donation was seemed like a very good dude and Tyler and I had tried to walk about the fence like this is probably not a good idea and he was at him like, no, don't worry like i'm pretty for and it's like an example of a good person who was misled by alex machine skein and everybody at sells us and likely had their life savings completely wiped out.

Yeah I mean, I would post last cycle I would, I would tweet like, not your keys, not your coins and like clever means, you know, of of block fire and sale is gona rug people my gloster trap and my and then the comments in the needs would be like, you don't care about working class people that rely on this yield to uh to fund their lifestyles and to pay their expenses is like, no, I do care that's why you shouldn't be risking your life savings and a fucking py scheme and it's just fucking pure sanity but unfortunately probably just keep happening again and again because that's the human condition. But hopefully uh some people will be able to avoid IT and every person that avoids IT is .

a way in my book yeah a good. Beware for aware, and we will try to make you aware of these gams as they pop up. Don't buy the hawk to acquaint. We could told you that we were day late SHE did the talk and offering A A day before our first freaks .

if one of you are listening to this and you bought IT, why didn't you raise your hand in the live chat? Uh, this is a safe place. We won't hold IT against you. Um I don't think there's a single person who listens to the show that bought that who .

fully there was some barston curis in mind, asked me if they should .

buy yeah I mean, you really .

failed when put that on me. Don't you there .

we're going.

If if.

You know that should be on your your .

team stone port. I didn't listen me that be on my 晚上 的话。

I did. Marty failed by far too.

I I didn't go into him like I was gonna gold on ashtray. That was like there's twenty one million bitcoin. You're rich, man.

You should have some protect this. Don't lose this. Don't lose this. Don't ever sell in.

You really fail that one.

I left part in two thousand and eighty, and I think he just needs persisted reminding there's plenty of bar store, a former bar stop co workers in mind. They are doing very well.

To to the new freak um marty seduced ed me to come on T F T C. The first are we ever dead ah and he was like, yeah like I work at bar stool like you know bar stall I was like, yeah barr store, like supreme missive, like all they come to the studio, do a recording. And IT was there in the merge classes with handheld mikes in the bar, still merge closet.

You got to do what you to do.

Man, everyone's a fucking scammer. Then he, then he scared me to doing this weekly show with them.

We are, six years later, I had to see, know what I wrote .

in a calin eighteen with me for that. Rob, yeah, if I knew a merge class that I would brought.

like there was another bottle too. You have head like a skinny neck, if I recall correctly.

No, I just think I just brought them because.

I mean.

there was a lot of whisky that was drinking on the show for many years.

The early days.

the early days, the sound board was just an actual court popping after time.

Yeah, of you freeze going back in doing the and we listen to the catalogue. We were drunk a lot in .

early days for this.

You else is good to see. U. S. Officials urge americans to use encrypted besar ing apps.

What is going to?

What is because remember.

their back doors got owned by china.

Yeah what to tell?

Calm companies. Yeah, we covered that previously. They they haven't been able to close the close them right? All right. You need to use encrypted apps because our back doors, but can compromise and they're acting like this is not exactly what everyone stead was going to fucking happen when they did back doors in the first place.

You know, I found out about this was actually on master and little monster .

this happening.

yeah. Do you want to read this?

Yeah our suggestion.

what we have told folks internally is not new here. Encrypt an is your, well, there is some text messaging, or if you have the capacity to use encysted voice communication, even if the adversary is able to intercept the data IT, if it's encysted IT will make IT impossible, said jeff Green, executive assisted director. The cybersecurity at sisa people are going to further protect their mobile device communications would benefit from considering using a cell one that automatically receive timely Operating system updates, responsibility ly managed encryption and fishing resistant multi factor authentication for email social media in collaboration tour accounts senior FBI official who asked not to be named .

he is yes so these are the people that are little ally been spying on us for years um and trying to dissuade us from using encryption apps are finally saying the quiet part out loud um and yeah I mean, look, it's a national security issue like we as a country if you care about this country individuals should have Better digital security interval privacy because as a result at scale IT makes our country more secure from from malicious actors externally um this should be standard practice and I would say again that yes, signal has a lot of tradeoffs or makes very distinct tradeoffs.

But strictly speaking, if most people move, most of their comes over the signal, they we would they would be a massive benefit for everyone involved um and I think it's important to realize that a lot of you know um a lot of privacy and security purists have some issues with signal e trade off ponds, particularly the use of phone numbers as a spare medication technique um they like basically removed IT as a content discovery, a contact discoveries technique. But because it's your phone number is in public now, but they still use that as like experience mitigation for sign up, which is not great. Um but the U X is something that's easy enough for a grama to use.

So right like my grama use a signal um if you want to go more hard core like there's there's uh a protocol called simple x that is fantastic and is shipping quickly in terms of improvements. Um I still really, I like matrix a lot. I like three ma um both you know all all four open source um signal you have to use their server but the client are open source. But yeah in previous stack i'd moved um I moved pretty much like ninety nine percent of my comes over the signal over the last three years and Normally as way Better U X than most chat ups and and um you get you get security privacy improvements. And I would just say that in most cases, in the overwhelmed majority of cases where you see something get compromised, it's because the phones are getting compromised like you you should treat phones as pretty much owned uh if you if if you want to target the attack, like that phone was gonna compromised um but IT IT does IT protects you from in a master surveilLance, some easy broad base surveilLance. But if it's an important conversation, nothing beats just having a in person.

Yeah, we covered there a couple weeks ago, but signal just updated their video conferencing capabilities in that i've tested that works very well. If you want to schedule call and put IT in google calendar instead of using google meets where who knows what google doing with those calls, you can replace IT with.

Just give you a link, just like a zoom link or a google meet link. Now you can have a link for video calls. The video calls are pretty good, uh, the phone calls are pretty good. Consider IT. And I will say, like if you need a technique and you have children, tell your friend the only way they're going to get baby pictures as if they download signals that would work like a charm for me. That's so I got my ninety plus year old to grandmother on signal.

Be perfect in how I found about out about this important story, highlighting the power last year, a map place I ve never seen on ex or twitter for years, Frankly forgot about him, but I saw that rebel retweet map lays on master renown reposted map layers on naster ago map layers on oster. And I look closer. He wasn't on oster. He was. He was sending messages from .

the festivals. And nice 了。

Yeah, what what? Alice lean has built this bridge from madan to noster. We can propose on to building .

a blue sky bridge too. We going to bridge anything that allows us to bridge. We're going to bridge we're going to bridge all the things. We're going have the best bots. We're have such good bots that people going to be like, please, please naster no more bots.

I thought that was pretty cold. That was like, cause I remember a augar alex, given that presentation of his efforts to bridge the feat version master down to naster. That was the first instance very ago ship. It's happening in maple as I ve never seen him in a while.

The only problem is you can't like math, won't see our responses no. So if you're not, you see everything but if you are my and you don't um I talk about .

this new yam would prefer the content to be native to the nasty protect. But in terms of like U X, in getting more people to noster like to having more content there, whether or not the people produce them, the content recognize that people interacting with IT is good for oster overall.

yes. I mean like you want to comment on and and share IT and what not that it's like if x didn't closed down their API and make IT really difficult to interact with content on X, I would say, no, pull all that content over as well, right? I think you we should any content we can get, but just pull IT all in um the more the Better.

And then you have a choice if you want to interact with the not and hopefully, a lot of these people will ultimately move to native master eventually. But until then, the bridges are great. I think it's just a clear, a clear nett win. I see someone in the comments asking, is signal Better than telegram? Telegram blocking socks in terms of security, privacy and so bad fault, like all of your messages are just clear text on their services.

Did you did you listen to the like bands organ episode? No.

I like have way through.

Well, did you did maybe have got to the party but he a advertised the telegram is an end and encrypted that if you listen to yeah and believe that telegrams and encysted IT it's not many such cases.

They use a telegram of .

WhatsApp as as the examples of like and .

then cracks you should whats up is fucking spared um they're hovering up about your contacts and everything. And this is why I have issues with like it's it's it's fine to have technical critiques about signal there there's there's plenty of things to critique about signal trade of mile.

But if you compare to the status quote, which is what's up and flocking telegram IT is a massive leaps and bounds improvement um with pretty much just as good U X. Now I will say telegram is like the fucking champion of U X like telegram. U X is just like the APP IT just works really, really fucking while it's incredibly powerful um but unfortunately as fly ware.

So um use that information as you will. Uh I S A it's a statement that I can strongly stand behind and I think i'll age like fucking fine wine um but i've completely believe a telegram. What's up? Unfortunately, when you travel abroad, there's like whole countries that just rely on whats up.

So I do install IT when I travel abroad, do not upload your contexts and they'll just keep bugging you to upload your contacts, do not upload your contacts, do not give them access to your media like your photos and shit like facebook is just hovering all that data up and putting IT in the little black book of you um and and what's I was a super malicious about the two like it's almost unusable if you don't give them contact to access because it's just all bar phone numbers. So you have no fooling idea a guy of this great nani's costa or whatever SHE just like a random costa and phone number that's like sitting in my WhatsApp. So I really hard to fuck they know exactly what they're doing.

It's a dark pattern um but yeah there's my there's my little rent of the day. It's disappointed. But like so that signal is should be very similar in terms of functionality.

just Better. I hate what's up. I get spammed on what's up all time, never happens to o so my numbers out there somewhere, no WhatsApp.

And by default, what's up? Dox is your phone number to everyone and also WhatsApp blocks boy numbers, right? So you can you can use an APP to generate infinite void numbers and you can use any of those numbers for signal you don't have to use you know a number that's attached your identity um but what's that blocks that what's that makes IT very difficult to use number that's not attached to your identity um which is not a coconino dence. I think that's .

intentional be where free.

be aware and hopefully and Better not r James right now fucking blow. Not private .

or message and .

when your .

message them.

they can see the content of the message. But if either you're k league, then they can see the contents of your message after the fact. So don't rely on those yet, but will improve those there.

There are multiple people working on uh, improving the mr. D M. situation. So hopefully we get IT to a point where IT it's best in class, but were .

not there yet making progress. This was goodness greatness. We started to covering this in beginning of the year.

Corporate transparency act got signed into law. Believe last year he goes into effect or supposed to go into effect january first twenty twenty five. And for those who are unaware, the corporate transparency act is requiring anybody that owns in L, L. Sea and Operates and elsa in the united states to report personal identifying information with fine. And if you don't, the up until this point, if you did not comply, your subjected, you were threatened to be subjected to to fines on a daily basis until you did comply and give your information to vince earlier this week, uh, a federal court judge out of the eastern district of texas, uh, essentially ruled that the corporate transparency act is on constitutional advice. Individual dropped go off this let people know what are what are lawyer status not a lawyer .

but uh nice .

A A judge at the texas has said .

that don't need Price .

is constitutional um citing the the cost that I would burn in um but and small business owners with I think he calculated every year too yeah like you .

like I would be like .

that thirty billion other costs on small business owners which is punitive um so that's one of the terrible aspects of this. The thrust complaints costs on small business owners, many of which are probably not even aware of this um at the moment. And then on top of that, it's an avert infringement on privacy of individual american citizens and business others.

So texas just standing up at this is on constitutional out of the federal court saying you don't need to comply, not lawyers, is why I wanted to bring seh back up. Seth, part of the tosh patois, which is our account team here at T F T C R R, and has been battering me for weeks. Like we got this thing coming up.

The deadline generally first sold out. I've had the the thought that a judge is definitely going to overturn this because IT it's aggregation, sly on constitutional and happy that I held out even if things aren't clear by the in the earth is still going to hold out because IT seems pretty unconstitional tional near comes man. I knew that was for us.

I knew I wasn't looking at his phone like that all time. What happening? What's going on over there?

My hard wire cut out. I'm going to blame Steve mires. He's probably fucking around in the server closer right now.

Steve, come on, men. We just get bd craps. Just get bd craps. Steve, come on. I would not a nice C, T, A spill .

there if you want. Yeah I mean, I think I think if you have complied IT seems like you don't have to comply and you should probably wait A I D like I think um the U S specifically um stands apart from a lot of countries in terms of our privacy protections for l seas. Um IT was one of the things that that made this country great and this was a gross overstep.

So it's good to see the courts step online. Um you know that's the beauty of our checks cks and baLance system in the U S when IT works. Um so it's wonderful .

to see yes, IT is and .

you go no.

you got IT no.

I mean i'm probably repeating what you are same but it's you know it's the same situation that we see with like K Y C M L all the bank secrecy Y X stuff which is the excuse is always like money launder ing and criminal activity and what not um but at the end of the day, criminals usually get around this shit and IT just affects you know honest people that are just trying to live their lives and be productive members of society um but they always use the same excuses because why you onna protect uh, criminals, if you if you have nothing to hide, then why do you care? It's the same old bullshit over over again. So good to see when courts rule in the favour of the people and the favour of freedom .

yeah I did not add that that context so very, very much value at context there he .

is just provided them to see IT.

I think you call IT another another matter, dell prediction .

coming true.

What what big pointed in launches.

This wasn't this wasn't a prediction. I knew about this already um but those are my favorite conditions. When I know about something .

I had a time and I know when he first when he first rebranded, he said no .

one hundred percent um no but there's a little bit of new on here. So danny, who is cigarette? The best host of what bc orn did, uh, is he is really launching this as icio.

I'm tell me mr. Noxious blue continue host by Peter mechanic c. And then what big going there is going to be on and a new feed, uh the feed that they were previously using for defiance.

Um so that's gonna what they can do. So what bit did is really launching um I think is launching today. I'm not sure .

you what you to warn me about this stuff.

So at some point you'll be able to search in your poor chap for the first episode uh, but I I am am pretty excited, but I think dane is great to pretty excited.

Stealing the thunder, stealing the thunder are out of people. Making big announcement is twice on this episode.

No, no, danny knew this one. Danny knew I was gone to talk about the at the time. He said that he wasn't sure he was gna be out in time for the show and I said was going to do anyway, right? And I won't say who the guest is I won't say who the guest is, but it's a banger guest episode one um so search what big in did in your favor podcast APP uh or youtube but probably not yet. You probably search IT in a couple hours and will show up but the whole that what bacon did left has been revealed by what bitcoin did. So you go, there's your alpha.

Congrats you, danny. I'm really excited to see your new show. Danny, for those who unaware, incredible.

I'm pretty. I'm pretty excited .

about that right now. I am too. I didn't not know all the context he just provided. Very excited for this.

Alright, now we're back below one hundred thousand dollars currently sitting at ninety eight thousand fifty four dollars this regard. Everything that has been set over the last sixteen hours get back to work. We got complete. We did not stay humble for the last sixteen hours.

I think we will we could I mean, there have been no Price predictions. I mean, one of us said that is going to be a super cycle um multiple times. But I I think you should just stay on on stack out about IT. Bitcoin has a tendency to humble everyone who tries to leverage trade these moves, and this time seems to be no different.

Are the shots getting wiped out or the long, excuse me, looks like IT.

And at least if we never go over a hundred, and again, like at least yellow is absorb of his obligations to do, don't stop believing.

Well, actually easy is the technicalities here. Does that have to be over hundred k while is actually doing the space?

I don't know.

I think I think he's I think .

he's released of his obligation.

I know when to hold him to a technical unless he did the space while bickle was over one hundred k.

he's not released at play. I don't think that yeah I think it's like six just one .

more days or at least one more day, maybe maybe another one hundred days. I think IT .

wasn't very humble of him not to do a special mourning addition of the spaces. Just sure biggest .

sumption, they're a yellow bad one. So like you're going up to continue doing this for at least one more than potentially many more.

I guess the the benefit of going under is IT opens up the possibility that we might pass through one hundred k again on the next episode so we could actually have four episodes of our title. Title one .

hundred would be a .

big win. I, C, O, S.

IT takes the, it's coming up. The bank rounds will continue.

Marie goes to me right before he started. Like, what you title this episode was like a hundred cabby going like, great title.

Should have known should have known. Back one hundred k that's on sale. Want to get sets for a dollar? You can do IT now. Next one .

thousand .

fifteen sets for one cut, bucky. Now they are on sale. good. Get him mother hot. I am headed to abedi. I get the pleasure of joining safety a mose and now farington debating Justin son and two other people have ve never heard of next week abedi.

oh yeah, did that's that's something that's exciting and was .

not expecting IT was not expecting Justin sun, beyon stage bitcoin verse script.

Are you going to bring up the banana he paid six million dollars for that was taped to wall.

Yeah, it's too easy. You should just .

bring a banana stage and eat IT while your talking.

No, no, not going to make a spectable of this. This is, this is actually legit debate that is a moderator. I think it's what debate styles called the jeff erin.

You're not going na make a spectacle out of a Justin sons on the opposite side. It's already spectacle you're participating.

inspect and will be a great spectacle .

up danny nose in the comments six to nine thousand adds.

Thank you, Denny.

My prety announcement .

has been approved.

danny and also episodes n't over yet and IT looks like everyone has will pay on strike now .

let's go ah oh talking about .

redemption arch since I just lived one on the episode um you see Roger, where is claiming that the exit U S. Exit tax is on constitutional? That his court .

defense I am for that I mean.

if he wins, that I will be the greatest redemption of all time as american big winner.

Yeah, I hope he does.

I I always like I used to work through my head like how can this guy ever redeem himself?

Like set to the president where exit taxes and constitution .

that's a pretty big yeah .

that's full redemption, Roger. I mean.

I agree, I think it's on constitutional is ridiculous and in even free country .

that would seem if the U. S. Government is able to punish vely tax you for wanting to leave IT doesn't seem very free, right? I don't know simply we're getting for you though you have these federal court judge just say, hey, corporate transparency I get out of here, maybe have another judge come and say, hey Roger, you know what you're on to something here i'm looking at the constitution doesn't say anything about the exit attacks you're absorb of the charges. That would be great.

Yeah I mean, I think is probably low probability, right? But well.

this is a truly special time in human history, in american history, things, a lot of things are happening in the way in which I would never thought possible, will not surprise me. The judge comes like the company like this is actually provide material revenue. He takes a tax.

Yeah, I mean, they hit Roger with, I mean, that's like a hundred million plus.

Yeah, but how many people how many people are doing IT? And how many people with as much of money is Roger over doing IT?

Well, I think I think that just keeps a lot like IT allows you to have more aggressive tax policy domestically, right? Like remember talking about italy or, uh, the netherlands, I think was the netherlands the viewing doing bitcoin unrealized cap gains tax or additional bitcoin capital gains tax? Like what's the immediate response? Immediate response to people?

I go, if you do that, I am going to leave um in the U S. If we leave, we have to still pay taxes as if we sold every day. So it's basically like every single person has a gun to their head, whether or not they choose to use IT or not. So I think IT makes the whole system even more predatory than IT is already i'm get i'm .

yet that one for the bill .

pay note is to announce .

can call up for front you know I want be known anybody listened to this is math falt that mine who's .

calling you out or donas.

I'm not sure is telling me I can say this or I can .

say this because I might I make my hands is you're faut this is on you and nothing about I don't make the list. I just read IT. I am ruberto day .

when on front running the announcement. We are the now.

Uh, what a world.

what a time to be anyway, I love you do and I love you, jack. Ah the strike team is families to me. So you guys keep question.

um if anything else, then we go back over undercover. Is this IT big dead?

You know, i'm not making Price predictions .

is back on the clock.

It's good that's back for that's really state of the art technology right there. I'd be very surprised if in the near future, we don't throwing back up like the psychological barriers broken. This is just leverage traders getting washed out like who is like selling right now.

I mean, there's plenty people selling. Every trade has selling on to bear, but log term starkers are who's up the floor, and we remain incredibly unphased. Hey gentlemen, I don't know your name.

I just sell the short clip on cnbc of joe carnon absolutely shoving you in a laker or telling you, miss IT, you have the opportunity to not miss getting in on biton before a one hundred thousand dollars IT has been represented to you and .

you should probably take IT guys i'm going to ask you to do a favorite freaks yeah this is like a time machine you can now buy and if you haven't yet um but 他们的 just I want to take a moment here for the freak if you could go onto x or to noster and read tweet strikes will pay announcement and just x surprised just x surprised like I didn't tell you that would be very helpful。

Wow, didn't see this coming.

perfect. appreciate.

It's not even your fuck me up.

not when IT comes out do that the next Price. I really surprised.

I think I think before we get ourselves in anyway though.

why I think we need to rap up here can stay on the .

love free piece, love.