#248 โ€” The Bitcoin Group #248 - Tesla, Mastercard, Amazon, Jack Dorsey, Jay-Z and Kenya

๐Ÿ“… 2021-02-12๐Ÿ“ 12,801 words

The a bit coin group, the American original for over the last 10 seconds. The sharpest Satoshi's the best bit coins, the hardest cryptocurrency talk. We'd like to welcome our panelists, Dan Eve, the crypto raptor. Howdy there, partners. Josh Shigala from Voltoro. Still muted to the moon, mofo. And I'm Thomas Hunt from the world crypto network moving on to issue one. Issue one Jack Dorsey and Jay Z invest 500 bit coin to make Bitcoin the internet's currency. After funding a development fund in Africa and India, it'll be called B Trust set up as a blind irrevocable trust and the duo of Dorsey and Jay Z won't be giving any input to the program. B Trust, a good thing for Bitcoin, Dan Eve. On a first read, it kind of a bit like the, you know, the P foundation of the past or foundations of the past. But I think, you know, incentivizing developers is a really good idea and with big names behind it, it's going to attract a lot more people into the space that may not have even heard of Bitcoin before, you know, Jay Z got involved in. They've got a load of wrapping Bitcoiners or even more wrapping Bitcoiners obviously. So I think it's good any kind of publicity is good, and especially incentivizing, you know, open source developers and Jack's been hot with open source. You know, vocal about it for quite a while now. And it's good to see him putting his Bitcoin, whereas his mouth is with Jay Z. And that's a lot of money to be to be funding developed a lot of development. So hopefully we can see some really ninja stuff come out of it. I agree with Dan here does remind me of what was it called the Bitcoin foundation and then they had a second one. It was called the B something. What was it Dan? B foundation. The B foundation. Yes, the B foundation. What's different about this one is that Jay Z and Jack Dorsey are incredibly rich and they put their money where their mouth is. I think that makes a big difference. I think the B foundation planned on getting donations. I think the Bitcoin foundation originally had tons of donations, a world changing amount of donations, which they wasted on airlines and a conference in like 2014. Once again, if they just held some of that Bitcoin, we'd have an incredible Bitcoin foundation out there defending us and advocating for developers. But we don't we just have Brock Pierce's resume, which does seem to work for him. Josh, a golly, your thoughts about the new Bitcoin foundation, B foundation, be trust has trust in the title must be good. Yeah, I mean, God, I can't remember how much I've paid to be a member of the Bic foundation for life. I think it was like 50 Bitcoin or something stupid. But back in the days, but yeah, I don't know. I'm I love the fact that they are putting money for development. I think it's really, really, really good, really important. Especially in, yeah, condiments like Africa, I think they could definitely use it. I'm just hoping some of it goes to lightning at work, work instead of mainchain because there's so much early on mainchain, I would love to see stuff on lightning moving forward. The chat's going on about Jacama. He's done a lot of work with lightning, especially the RGB stuff would be really cool to see some some of this sort of smart contract he's stuff coming out as well on Bitcoin. There's some nice nice projects out and about. So yeah, let's get it going. Exit question, why was it Jay Z and Jack Dorsey a rapper and a man from another era, a startup guy, why wasn't it one of these Bitcoin rich people that started the B trust Dan Eve? Then I don't know damn there you I meet myself. I was going to say that true Bitcoin and I know that knows to hold but you know, Jack is Jack is clearly a true Bitcoin and I think if if I can imagine that Jay Z probably has been for a while, but he's kept on the D loan. He's been you know a bit subtle and now's like the time to come out and be like, yeah, it's 50K. So I think it's a cool partnership. It doesn't matter who puts the money into me. It's kind of the fact that that foundation's now there and it's got a huge budget. I think that's the cool thing. It'd be great if people can pump their own Bitcoin into it, especially some of the big big bullers on Twitter and stuff. But 500 Bitcoin, that's enough to get started with, right? Josh Shigala. Yeah, I mean, I think a lot of early Bitcoin has have put money into development. They have done lots of projects, lots and lots. I just, you know, I know it's for me, it's sad that someone like Roger Ver, Jump Ship and went to his own chain and stuff because he used to do a lot of stuff. We had a bunch of, we had the pineapple trust go out there and just say he is a bunch of money. I think there's a lot of very, very generous people in the space. Yeah, yeah, a lot. So I don't see that it's not happening. I want to argue against Josh there. I want to say that the Bitcointers didn't put up the money because they're greedy and they don't want to help people. I think it's not going to be a big deal with this B Trust project, especially choosing Africa and India. It doesn't sound like Jack Dorsey or Jay Z or funneling it to their buddies. They're not like I have a startup where we can send some of this money and I have some programmers standing by it sounds like a genuine all trueistic good thing. And I just said Anne Rand hate worth the crowds are up in Roars. There's like there's no altruism. They want something. It does seem like especially at this time the prices up, especially donating it in Bitcoin as a foundation as a trust. They're probably not going to sell all their Bitcoin just to go on some airplanes like the Bitcoin foundation did. So I think this is a huge good thing for Bitcoin. It's good to have powerful friends like Jay Z and Dactore see, but I do kind of think it's a disappointment that no normal Bitcoin or stood up no group of companies stood up and put this together. Maybe they did, but only with enough money to let it last a year only with enough money to let it last six months only to get the press releases. Whereas this thing seems like a massive endowment that should go on hopefully for five years or 10 years or forever. But watch watch me be proven wrong when they lose the treasury and. It could it could also be a huge money laundering. Not a laundry, but just to get your money out and then pay your mates take shares in the companies that get founded find talent early. I mean, there's you know, you've got to think a little bit like that. There's got to be a way that they're making money on it. I agree. Yeah, we just don't know yet. So. Tax break from tax break from charitable donation. But I don't know, we've told my genuinely think is it's a really altruistic thing. It seems like, you know, maybe I think it's not a point it is. Yeah, maybe that's what they want you to think. But I think some people put out the fact that Jack looks like the guy from a, is it like gay or friends as well? It's definitely growing along beard. With what's the best Jay Z album? You guys have any picks? Never heard of him. Danny. Black album. Black album. I'm going to go with gray album, which is the black album mixed with the Beatles white album. A lot of major mouse and that's actually really how I got introduced to Jay Z and it's great. And again, that album exists because Jay Z released like an a capella version of the black album and you released an instrument track of the black album. Made these parts available for DJ mouse to do a DJ danger mouse to do what he did. So get the gray album if you haven't heard it on the quick music thing. Another quick reminder that I don't know what time period it was ago, but Lily Allen rejected an offer for. I'm sure it was like 8,000 Bitcoin. It was 8,000 Bitcoin, which would be like, I don't know, 48k. That's 384 million. Wow. She would have been a billionaire, a billionaire and all she had to do was play a show. Yeah, just one literally one show. It's too cool for that. She's too good to play in second life. Oh, it was a second life as well. Yeah, it was in second life. Now it had been huge. They do all the concerts now in Fortnite. So that would have been awesome. I did witness one of those actually. I went on YouTube and watched it and it's pretty epic. You know, if you like, you know, if you like an artist who's on there and I think there was one guy near. It's like a rapper in here. It was huge. Like, you know, just massive. Like one of those giant sort of, you know, characters and yeah, you could just go around and fight people and stuff. It's just a really cool idea that the mixing of kind of music and and gaming. Pretty crazy. It sounds cool. I've seen some pictures of like the graphics and the things and it's much more than just like a band on a stage. There's a lot happening. But just like to ask everyone to go ahead and give us a thumbs up. Remember, it's free to like YouTube videos. We have 43 live viewers and only 18 likes. So let's try to get that number up. Don't worry. We're going to remind you again. Yeah, Drill it going. All right. Subscribe as well. And subscribe. And subscribe. The price goes off. Issues. Yeah. Let's see. So many buttons in zoom. Issue two. Kenya turns to Bitcoin to fight the depreciating Kenyan shilling. The central bank of Nigeria has placed a ban on Bitcoin and crypto related activities. Meanwhile, another African bank is turning to Bitcoin for answers. Amid rising depreciation rates of the shilling and outside forces from the international monetary fund, Kenya's central bank wants to switch its base currency to Bitcoin. Josh, we've been talking about this for years. We always said it was going to happen. I don't know that we knew it was going to happen in the same week as Tesla, Mastercard, Amazon, Bitcoin, all the things. But what do we think about the world's first central bank, at least announcing their intentions to switch to Bitcoin? Yeah. I mean, it's, it's well, as Elon said, in the end, it was inevitable. Or something like that. And you know, it starts off with crazy anarchists, nerds and revolutionaries and technocrats. Then it moves on to, you know, the little bit friends of those. Then it moves on to, well, now we have the institutions moving in. And the next up is central banks, of course. It's a cascading thing. Once one does it, another will do it because now they're doing it. We better get amongst it. So it's only a matter of time. It will definitely happen. Why wouldn't it? The thing that is worrying is that once a central bank does that, it can be a very, very quick downward spiral for that country's native currency. Because they can print as much of their own currency and buy Bitcoin with it. And what will happen is that it's very quickly Bitcoin is won't take that currency for that. Because I mean, imagine you've got the power to print your own money to buy something as rare as Bitcoin. What will happen is Bitcoin will highlight how absolutely ridiculous that money is. So, yeah, I mean, if I had a central bank, if I ran a central bank, I'd definitely be printing and buying Bitcoin with it. There's no stopping on that one. But this is where the downward spiral happens very, very fast for for homegrown fiat currencies, currencies that are on fiat decree. So, yeah, I think it'll also be one of those cascading things. The next country will take it. The next country, just like we're seeing with micro strategies, then Tesla next will be probably Oracle. Then maybe even Apple, you know, it's these, it's these cascades where people have to jump on because everyone else is otherwise they'll be left behind. So, I'm going to buy a refrain for pretty much all the stories today, but it's happening too fast. It's happening too fast slow back down Bitcoin. Well, I guess we're ready for it, but I feel like Satoshi when he was talking to WikiLeaks and stuff back in the day and he was like, no, we're not quite ready. You know, EFF WikiLeaks were just not quite ready. Give us a few more years. But like Josh said, it is a whole row of dominoes once this central bank does it and has success. So, I think it's a central bank's in Africa and other developing nations switch over to this system. Then maybe a large, you know, first world country or developed country, they changed that on me. But one of those will join in and we've already seen it with micro strategies, the jealousy of Tesla, the curiosity of Twitter, the not curiosity of Uber. So, I think one of these things just lining up and it's now not, are you a maniac like that idiot with the mad hat or hat and the background who believes in Bitcoin or you like Jay Z and Jack Dorsey and micro strategies and all these big companies that believe in Bitcoin. And you start adding in the central banks. Yeah, it just, you know, Bitcoin's on fire. We can't be stopped out of control. So, I think it's a very, very good thing that you can then, Eve, your thoughts. I think it sounded like the logic thing that Kenya would kind of move faster in the Bitcoin space because of the, the M pace, which was like the money transmitted by mobile network and actually it's quite surprising because even in 2017, like everyone was saying that's like, yeah, Kenya's going to be one of the first. We had quite a lot of geopolitical issues that have gotten the way of like big kind of infrastructure changes, but any country that kind of looks like they're going to move towards Bitcoin is going to be the, they're going to be the Tesla of like the world, you know, what as soon as one central bank goes, I was kind of hoping it was more Turk as I'm more, I'm more tease and there was eventually the blockchain island and I've never been to be like, oh, I keep it down. I'm going to go on my Bitcoin time. It's essential about it, but he didn't he, they have a central bank. Yeah, it's very good. No, but yeah, they didn't kind of go that way, but it seems like if, you know, if Kenya could be the first one to get the chain, the chain going, then brilliant. Like, you know, it seems logical that the people are going to start putting Bitcoin on their balance sheets. Yeah, well, it's the ones that, you know, it's, they didn't get didn't multi get the get the Turks and the Greeks all living on one island. They're always fighting. So maybe they can get the fear and the crypto and just sort of, you know, get. Big soul together. That's what I was frequently conquered. If you were on your way to say it was really nice to stop over in Malta and then if you're on your way to maybe take some revenge for those crusades, also nice to stop in Malta. Yeah. They're saying in the chat. They don't think it's real, but I saw it on several articles with quotes from years ago. I don't know about this Kenya thing. So if it's not real, we just jumped the gun and it's going to happen anyway. Otherwise, I mean, you got to provide more information than just saying like, it's not real. So we'd be more information. But exit question. First Kenya, then dot, dot, dot. What country central bank will show an interest in Bitcoin next? Josh, she got. Yeah, probably like Argentina or, you know, one of these South American countries. Yeah, probably could be even Venezuela because they've already been doubling for a few years now in crypto. Yeah, I mean, the thing is that they'll, they'll, they'll, they usually will just try to print their own money. The first to really, truly just jump on Bitcoin as a reserve. The problem with with four central banks, the problem for governments going with Bitcoin is the exact problem I mentioned before. And they then don't have the ability to print their own money to build bridges to print their own money to make schools. So they have to go to old school systems where they get actual talent to move to that country and bring jobs and bring things to build an economy, which is obviously the good way to go long term. But yeah, we'll see, we'll see I in the chat there, Rolando tech said, you know, Iran, it could definitely be that in which case we might see some mainstream media calling it out saying it's the currency for terrorists. But you know, since since COVID or terrorism has stopped, funnily enough, because mainstream media just, you know, shifted the tension. And we don't have that problem anymore. Dan Eve. I was the question sorry, I was too busy looking at the country. Oh, yeah, of course. So well, I would have said so I'd love it to be mortar because I can get passport if I need to. Otherwise, I think, you know, one country, I think it might, you know, could one that could surprise us is something like, you know, something like Estonia, because they were Bitcoin wise when they they could hauded the Bitcoin not hauded but kept the Bitcoin for a, you know, they hold it in for a while. And they used it to clear, they used to clear debt or I've got to be really careful now because the fake eye was good. Now, but I think any country that's that's sensible sat there right now going, we've confiscated a load of Bitcoin. What do we do with it? Let's just, let's just hoddle onto it just for just for a little bit. There's got to be someone there going that I haven't the whole board meetings. Let's sell it and someone's going, shouldn't we just, just hold it for just a tiny bit of time. Eventually the whole boardrooms like watching like coin market cap going we didn't sell the Bitcoin right. Yeah, national debt free in like one year. Estonia, maybe Bulgaria where they had some Bitcoin that were left over from a criminal trial. And at first it was a small amount of Bitcoin and a small amount of money, but then Bitcoin kept going up and then soon they had a large amount of money and there were even people saying that they'd lost the criminals Bitcoin because if they found it, they'd have to give a cut to the EU. So there's a lot of good stuff like that coming out there. My pick is going outside of the box here. I wanted to go with Japan because I wanted to be a large westernized country. But I'm going to go the other way I'm going to go with Ecuador Ecuador already uses the US dollar. So what Josh is saying is not a problem for them. They already don't have the ability to print money. It's right there. It would be a sign of the declining power of the US dollar, but not quite going towards the Chinese you want. So it would be a sideways move slightly offending the US slightly offending the Chinese, but pleasing the Ecuadorians and the Bitcoin. Just I could think you know, how would that easing into a central bank, if say, or easing into Bitcoin work because everyone's currently sat with dollars. So would they kind of how, you know, how would they kind of consolidate what the net worth is and slowly easing to it? It's probably a lot very similar to what you do if you wanted to switch to gold or silver or at least in the United States, say switching away from gold and silver. If you imagine that process in reverse previously you could take $20 to the bank and get silver or get gold like it was actually backed. So if they said, well, instead of having the dollar, we're going to have some kind of Bitcoin backed currency or some kind of thing. You would just go and you would trade in your dollars or this Bitcoin backed currency. And then you would hope that they really have it in a vault and all that kind of stuff they could do proof of keys and all kinds of things. But you just don't want that evil government employee to be stealing the Bitcoin because it's so much easier than emptying out fort knocks, which for all we know could be completely empty because it's never been audited during our lifetime. This is exactly what I've been saying for years. It's very, very difficult for governments to hold Bitcoin purely because it's just such a massive organization. And it's so very easy to steal. And so there's this threshold, right? You have it too simple, the security and it's easy to steal. You have it too complex. And it's very, very easy to screw it up and lose access to the tokens because you made it too complex. No one actually knows how to put it all together anymore. So, yeah, it's a big issue. So yeah, it's interesting. And to your question, wrap terrific. I think it's it's going to be guaranteed that it's easy. Because there's no way you can pile, you know, billions and billions of dollars into Bitcoin, just like that. You have to slowly go in. I mean, I'm pretty sure that that micro strategies and even Tesla have been buying over months to then finally say we've bought because you don't want to say we've bought. It's a little too bad. It's before you filled your bags. Like, so it takes a long, long time to do that. But yeah, the security issues are, are of most concern, I think for governments. It's it's very, very difficult to secure Bitcoin in that middle ground where it's accessible by the right people at the right time. I think Josh are getting too far ahead of us here because then we're on to the first country to hold Bitcoin and the first country to be hacked for their Bitcoin and inside job. I think that's what we're saying already is that they're already auditioning and hiring the people that will one day steal from them. And again, it'll be blamed on Bitcoin. It'll be Bitcoin's fault. We'll bankrupt some little small country. I was going to say bad things, but we'll bankrupt some unfortunate country that just wanted to join the revolution. I just wanted to be a part of it. And there's still a chance for you to be a part of the revolution. Give us a thumbs up down below and subscribe. We're about 60% of the people watching subscribe. So you should join them. You should subscribe to the world crypto network. All the crazy cool kids are doing it. That's right. Did you know the world crypto network has its own audio podcast and I've been manually updating it every day this week. That's right. Audio files on iTunes, Spotify and wherever you listen to your podcasts at the world crypto network audio podcast. Check out shop. World crypto network.com. You can get world crypto network. The mug. It's like I have right here. The treasures don't float t-shirt Bitcoin not bombs Bitcoin have an addition where that have an insured workout good for us and world crypto network. The t-shirt at shop. World crypto network.com or in the links below on YouTube. Moving on to issue three Bitcoin is going mainstream. What the Tesla move means for crypto. Tesla made significant headlines by investing $1.5 billion of their $9 billion cash reserves into Bitcoin and at the same time announcing that Tesla is planning to begin accepting Bitcoin for payments. Immediately after the announcement, the price of Bitcoin moved higher and has hit all time highs generating a frenzy of debate discussion and analysis. And Eve Teslas taking Bitcoin. What does this mean for Bitcoin? Well, I think it's awesome that that he's kind of come out as it were to put it on the balance sheets and a lot of people are quite just just saying it's, you know, the skeptics who would normally be Bitcoin skeptics are just saying, he's just trying to do a Bitcoin pump like he is with Dozen. I think the kind of end of the day. Dozen is is is funny. I think it's not that you, whether you, whether you hate your eyes, another thing, but you know, and Elon's doing a lot for Bitcoin in terms of making it public and making it kind of as much as you may love or hate the guy make it acceptable for a huge multi billion dollar business to put it on their balance sheets and be open about it and see how the market reacts. That's the most important thing. So you can have a several celebrity saying, oh, I own a bit of Bitcoin or whatever, but you know a huge, you know, massively growing company that's, you know, huge technology, huge technological relevance with Tesla with SpaceX as well. And they're putting it on their balance sheets that kind of makes sense. And although I think overstock were like, you know, I remember, you know, 2017 is overstock were kind of the proud, you know, the Bitcoin acceptors then and they were looked out upon really badly. So to see the reception that Elon's got is wildly different to back then even in just 2017, that long before. So yeah, brilliant, brilliant, there's on board. You know, that's it. Buy it, pump it. Maybe I wonder how much of a Tesla I could get for the wind chimes that I bought at overstock.com. Oh, well, with Bitcoin originally, of course, yeah, they accept a Bitcoin. It was a big deal. But I agree with Dan. It's great that Tesla has bought Bitcoin, but I like the second part of the announcement best, whereas the micro strategies guy has done what all the other new bit corners do. He's come to Bitcoin and he's told us what Bitcoin's about. The micro strategies guys not interested in the lightning network. He's not interested in the developing world. He's here to make money. And for him Bitcoin making money is a store of value, not a currency. And he came down from the heavens with his Wall Street money and told us that what I like about the Tesla announcement is that Tesla comes to Bitcoin and says, hey, you're a currency, you're a store of value. We do both of those things. We have nine billion dollars in value that we store thanks to the stock going crazy. And we're going to store some of that value in Bitcoin. Also, we have these cars that we sell right here. And we're going to sell them in Bitcoin. So I like that they're adopting both parts of Bitcoin. It's not quite to the point where I can buy a Tesla with a lightning network yet, but I'm holding out hopes. That would be pretty reckless. And while it does seem easy that for a couple of Bitcoin, you could get a Tesla. Those Bitcoin are much more rare now and a lot harder to come by than they used to. So not quite there yet, but maybe when it comes down to like a point two or a point three, will all be driving Tesla's Josh, you got your thoughts on Elon Musk joining Bitcoin. Finally. My man crush just got bigger. You know, Elon is a visionary and he is very well analyzes things before he does them. Obviously he has to make decisions every day. That's all he does. You know, he doesn't do work. He has people working and then coming to him and he needs to make a decision on things that get presented to him and then he goes to the next meeting and makes more decisions. So the decision to analyze going to Bitcoin and it would have been hard to because of all the fud around the greenhouse gases and the proof of work thing. So he obviously sees because his whole stick is to get a to a point where we're not polluting it to all hell and greenhouse gases. He's right into that. So obviously a brain like that realizes that Bitcoin doesn't isn't bad for the earth because it's actually making people look for renewable energies that are cheaper and easier to deal with. I think there is some other technologies in the pipeline. I feel like he is, I think there's some other things that he's working on with with blockchain technology that I think I think there's some interesting projects coming out. You know, one thing I've read up a lot about is there's this energy web project about distributed marketplaces for energy. There's some and there seems to be some Tesla feelers and there's some there's, you know, there's there's projects that I don't believe this is the end of Elon in just Bitcoin as a store of value. Just like Thomas said, he's accepting it as a currency as well. And look, that's got to be the smartest thing ever because that way you're buying at spot without any slippage. If you take it and receive it, you're buying at spot and that that's almost impossible for these big, big players. So yeah, I think it's I think it's really, really good. And I feel like, you know, the whole the whole thing about streaming money, one of the big use cases since the get go that people have been talking about for ages and ages is is, you know, electric car charging, but also cars that are paying other cars to bypass them in the fast lane, like little Satoshi's, hey, I'll pay you Satoshi's if you just moved to the market. So I'm going to go to the side because it's autonomous and this whole machine to machine economy opens up, of course, taxis opening up, you know, one of the ideas is that's really interesting for me is, let's say we all crowdsource a Tesla and that thing is an autonomous machine. Owned its owned by itself because it was crowdsource and it's got its own wallet, it pays gets paid in in with lightning. And and then it would as it runs out of capacity because it's doing so much work, it would order itself a new Tesla off the off the production line, a daughter Tesla and they would start driving around and any upgrades that it would get it would test on the on the door to first in case it was getting hacked because, you know, humans try to break machines. So there's lots of really cool ways you can use digital currencies, especially in the autonomous world and AI, which Elon's got deep, deep fingers in in those worlds. So I'm really this is definitely not the end of Elon in the space. And we all know if you're interested in more science fiction about the future of autonomous cars, you'll seek out the world's greatest sci-fi movie hot tub time machine to that's right. It's not a machine to features cars that have their own autonomy. The cars have made a deal with the United States. They're even allowed to kill a certain number of humans per year as part of the treaty. And it's just a fantastic science fiction movie that no one saw because it was hot tub time machine to but still it's fun. It's kind of goofy. It's you know it's a goofy movie, but it's fun and it's light and it's full of sci-fi. So check it out. Exit question, if Elon Musk is so smart and so prescient, why did he tweet about Dogecoin, Dan Eve? Because Dogecoin is like, you know, there's going to be there's always going to be someone out there is like Bitcoin is the only thing ever and I don't like anything else. And I kind of like if I don't know, I don't know, it don't coin for me is I don't have any I'm not shelling. I'm in fact, in fact, there's a lot of I think I bought like 200 with some exchange, you know, dust. But I'm not sure I'm not going to get rich out of it. It's just a hilarious little thing is that I kind of I think it's the bitters not the bittersweet, but it's the it's like this pseudo science and the science punch in one. It's like here is the science is Bitcoin, here's what's going to kick every every everything's asked like in terms of in terms of solid money that we've not had before we've seen, you know, I've been watching loads of world war like documentaries and stuff and inflation afterwards in the impact of them, you know, rather great depression. And and the fact is that money like printed money is not as good as a solid money and it does lead to war. I mean, it's like a it's, you know, it's not just a cliche thing. But you can print endless money. You can like print endless like tanks. That's that's the way it's been used before. I mean, I think now with cove is been used to if you print endless money, you can you can like patentless powers on the back, you know, and all like profit from each other's businesses and all that. And then the day Bitcoin is solid as as food and dodgecoin it does coin is is kind of the it's the comedy value is the you know, it's the mean part of Bitcoin, but it's like almost like the dark side, but the not so dark side because it's fun. So I'm kind of I think it's cool. And even Jean didn't Jean Simmons. Oh no, he, he, I think he tweeted about poker dollars, I think. No, I don't know what's that. No, Jean, Jean Simmons went six figures into dose. So it was don't you Bitcoin. He said the other day about a hundred thousand Binance coin. I think Simon is a player these days. He's out there playing this crypto market. But I think when it comes to this Elon and why he tweeted about doge. I think it all has to do with those tweets he did a while ago about taking dogecoin public started taking Tesla public at 420. He seemed serious about it. Everyone laughed at him. The stock has like tripled done a five time split doubled again. So it would have been the greatest move of all time if he did actually have the financing to take them private at 420. He could have killed it. But I think he likes tweaking and messing with the SEC. It's kind of a unique legal case where I don't think the SEC has the power to do anything about him tweeting about dogecoin. So I think he's kind of enjoying you know sticking his thumb and his finger out at them and his nose and everything. Also, I think that it's fun. I think Snoop dogs in because it's fun. Jean Simmons is in because it's fun. Doge is an amazing icon. It's seen as easier than Bitcoin or nicer because you can have a thousands of them want for only a dollar or whatever. But that's that's going to go down to that won't be a thing. And it's also again, just a way for people to learn about pumps and dumps because this seems to happen every time. Yeah, why did you want to eat about dogecoin? Yeah, exactly that. It's it's messing with it like he's I think it's a libertarian at heart. He moves to Texas. He's just over the over regulation and the ridiculousness while the regulators are so hardcore on regulations, yet they'll let Wall Street just naked short sell to the cows come home and crush companies. I mean, he was really getting in the early days of Tesla. He was really hating on the naked shorts that were being pumped on the Tesla. So you know, he's just over and he's like, well, you know, here I can I can talk about this coin. But folks, you know, the block reward on doge is like 10,000 dogecoins every minute. You know, it's it has no value. And the problem is mutes come in and they just say, oh, you know, but it is a thing. It's like a it's like a lot of you sort of jump in and every so often a pumps and then it dumps again. And you know, double your money or something or whatever. I don't know. You know, the thing the thing to remember is that from where I come from with the whole old thing is there isn't an old kind is a bit of a it's a terrible word for it because there's different just because it's a it's a scarce digital asset. We have that now. It's not like we have. We have these things called exe files. What there's a dot JPG. How dare they want a scam file format. It's like, well, you know, there's different reasons for having different things. Doge is obviously some community coin. Fun thing that you can throw around and it's and it's a bit of a just a joke. The thing is the world will eventually realize that it just takes a lot of people to lose to lose their shirt. Really while they learn that you shouldn't just invest in crap and actually research and not call a community coin a an investment. So, you know, him tweeting about it. I think it's just fun for him. It's a fun thing. The thing is people don't, you know, once you've burnt your hand. Once you've touched that kind of we don't do it again. I think there are really interesting use cases for crypto out there outside of outside of money. I think that money is the most interesting one. Of course, the store of value is as well. But, you know, there's plenty of things at store value. This one stores value and it's also very easy to send and verify and divisible and all this good stuff. So that also makes it a great currency. And like Thomas said before, we should be focusing on the currency side because I'm not sold 100% on the fact that you can just have something as a store of value. Eventually, you want to sell that. And you don't just want billionaires to be able to sell it. We need to be able to like figure out how the common folk can also and we have figured out the lightning network is very, very good at it. I think there should be some other technologies like schnau and stuff that will make it even thinner and easier to load. More cost effective. So there's lots of lots of there's lots of good block crypto is out there and I'm just rambling now. I think a one to worry about is Jean Zimitz from kiss. $100,000 or more is a lot of money to have in those coin. And while I'm sure he's very happy right now. He's up 100% he's up 60% whatever. That could all go away in dogecoin. Like they used to say that to us all the time on Bitcoin. It could go to zero all that kind of thing. Dogecoin is very different animal. I'm not saying you could go to zero, but it was below one cent for a long time and it could go back there. So the one thing that people forgot about was the fact that you'd have like doge market. So everyone was at that. You know, going, oh, My crypto is not going to go lower than one sat because it's just one sat. And then in the background, there's all these people trading like sub sat coins using the doge markets. And yeah. And so people thought they were going to get rich. So once Toshi, no, they left it. That's it. Lost it. God. People doge markets. Technically, Joe's does coin is still merged mind on Litecoin. So if Litecoin went away, dogecoin would go away. I'd feel a little bit better if it was somehow on Bitcoin. Maybe that's something they'll change to in the future. If Litecoin has problems in the future. But for now, I don't know. People like it. It's a meme. Much wow. All right. Just reminding everyone to like this episode. There's still a chance if you haven't liked it. You can get in on the liking party. It's free. Thumbs up down below. Moving in. Moving on to issue four. Issue four. Bitcoin holds near record as master card forges crypto path. Bitcoin hovered in record territory on Thursday holding gains. It had made earlier in the week after master card said that it was following in Tesla's footsteps to both support the cryptocurrency and utilize it. Payments, John, at master card said it was joining a regulatory large companies embracing Bitcoin, revealing in a company blog that it plans to start supporting select cryptocurrencies directly on its network later this year. Josh, you got your thoughts on master card accepting Bitcoin. I'm still perplexed at how they're they're navigating this. It's a very interesting space because Bitcoin actually eats their lunch. And maybe they already know it's going. It's going to. It's going to eventually eat them. And so they might as well embrace it on the way up and somehow gain part of that network effect to say, why would you use. Send these weird numbers when you can send a slightly smaller number, which is the credit card number. I don't know. It's like putting the the card in front of the horse or the horse, a car pulling a horse or something. I don't know. It's just weird. I think it's fun to say as Bitcoin is yes, yeah, master card. That means moon. I just can't believe. One thing I can't believe is that the entire globe has gone on this amazing thing called the internet. And billions and billions and billions of dollars get transacted on this internet. And it all goes through two companies. Visa or master card. Like that, that to me is so mind boggling. That that that that even is a thing, but it is a thing. And so I just can't wait for that to just stop. Just stop. I definitely agree with Josh here. It's exciting news. And as a Bitcoin or you want to trumpet it, you know, they said we could never handle as many transactions. Well, now we've got master card with us. But I think that in a few weeks, we'll be looking at it as similar to the PayPal news where PayPal probably holds Bitcoin. They won't accept them from you and they won't let you send them, but they probably hold them for you. So hopefully that's all going to work out fine in the end. I think master card will make a similar system where you use a lot of master card technologies to get to your Bitcoin. But I agree with Josh. This is the Trojan horse. They're bringing it inside. They maybe they confront run it for a while, make a little bit more money before they completely go out of business. And everyone realizes that all the middlemen master card visa PayPal, all of these payments companies aren't necessary because you can just use Bitcoin. Just use the lightning network. And as the Kenyan Central Bank said in their announcement that, you know, we don't control it. We don't own it. But we also can't break it and we can't corrupt it in the same way that we've obviously corrupted and broken our own money. Dan Eve, your thoughts on master card. Mine's probably slightly more down. And that's that why did take you so bloody long? What a dumbass thing. You're a payment processor. And like for five, six years, like, like international fees have been shitted on most of the type, oh, can I say that? I did. Like, by Bitcoin. And I noticed how it's like it's up size, you know, where unfortunately sending a transaction costs slightly more than a cup of coffee. I'm not going to inflate you. Fees got higher, whatever. The fees are too damn high. But at the end of the day, if you're a payment processor, then that's what you should be doing. And you look at the money that's going through like DTCC and like swift and stuff. Like they must be crapping themselves right now as to what they're going to do. Like, especially, you know, it's becoming way more ubiquitous. You think of the the infrastructure now that's in place, you know, compared to the last 2017, 2018 peak is huge. Like insanely big. And now you've got the multi-billion dollar companies coming out like Tesla, you've got countries maybe coming out and saying they're looking at it. But at the end of the day, even in 2017, when I was being made redundant, I sort of rinsed all the all the else working for a bank and rinsing all the fine-temnity, rinsing all the the training. And so I was going to places where I was talking to people and they were like, oh, you know, I'm in the, you know, the research and arm of such and such central bank. And, you know, they wouldn't say they're doing anything, but you could tell that there's an interesting there that's not just this is a basic, you know, silly joke. It was a this is a threat. And it was a threat like four years ago. Is that five years ago? Six years ago? Whatever they've been looking at for a while. And they don't have done people like working in in all positions. There's going to be people there going Bitcoin is a threat. And someone in MasterCub was going like, we can beat PayPal. We can beat or everyone else visa. We can beat everyone. If we just kind of think about how we tackle this and kind of you know, we're already pissed off shareholders. But at the same time, we could make a lot of money. And that's what's happening. And it's what's going to happen. And it's a chain reaction. Unless yeah, let's get motor be the first country. Cool. Exit question as Josh was saying the predominant form of payment both in person and online is visa and master card. How long before visa and master card are not the number one source of payment five years, ten years or never. Josh, yeah, I mean, online, I think it could be very quick. I think it could be in the next five six years. But offline is where you'll have the where they've really got a strong strong network effect because they have the machines that connect with the cash register. They do all the taxes nicely and all the bookkeeping and it's all just in the system. And the person that's running the shop doesn't want to it's a system. It's working. I don't have time to swap it. I hardly ever get anyone in wanting to buy with Bitcoin. And you know, this this huddle meme really isn't helping that either. So I would like to see I would like to see someone build like a business that basically allows people to re huddle maybe call it re huddle. Once you spend it just buys automatically Bitcoin back for you. I think I think they used to be a thing like that once memory, so the great but I would definitely use it. I want to use Bitcoin more for political reasons as well as just my own interest. But it would also if you're a huddleer, it would, you know, help the whole industry by allowing people to spend Bitcoin using the light network and and and buy back in that moment. There was a system like that on coin desk or coin base back in the day, Josh, but I don't know if they still haven't. It was the kind of thing where I when I was working at that company, we were trying to get people to spend their bitcoins and buy stuff. We would always say that you should re buy your Bitcoin knowing that we didn't do it and other people didn't do it. No one's that organized so it never works out right, but it can be very dangerous to spend that Bitcoin. Well, you know, sorry, just quickly before we move over to that, I get emails all the time saying, man, so stoked. I bought some gold. And now the Bitcoin went up. And now I've got the gold and the same amount of value and Bitcoin. Thank you so much. Like, you know, so you can see it like that as well, rather than seeing it like dammit, I bought this and now Bitcoin's worth and I could have bought like the thing is now they have that and the same value because it went up. And once it goes inevitably down because somehow we all have amnesia in the bull markets and we forget that actually Bitcoin has these God awful three year long like they're way longer than the than the bull markets, the bear markets, you know, they take a while. And during that time you've actually diversified into something. Still one of the saddest stories I heard was a friend of mine who bought gold at one Bitcoin equals one ounce. He was happy for a while and then he wasn't happy because I don't know what can get now 20 ounces something like that. That's where like what we, a tutorial, a lot of people to buy their Bitcoin back with the gold. They sell their gold for Bitcoin again. So it's important to be able to trade back and forth. But, you know, I don't know. I'm not here to show. There's something to be said about hedging at the top Josh. I don't think that I don't know anyone smart enough to do that, but there must be someone that does. So Dan Eve five years, 10 years or never had Dan. Oh wait, wait, what was to replace master card Bitcoin is the dominant form of payment. I think it's I think it's going to be sooner, especially if we're accelerating in this rate. So the next halving is 2024. Right. So if all the all the if the prophecies over the prophecies are true as foretold, then you know, we're going to hit 200 K with Plan B's, you know, you know, prediction by the end of this year, eight or eight, four to September, I think was the. So if you then extrapolate that out and do the next kind of logarithmic little triangle, jigger, muffin or whatever they call it, or the professionals, then you come up with something massive that's even further like many of 2024 is going to be when like the price of Bitcoin and just the general transactions engulfs the entire a number of particles in the known universe because it's going to have been. Now it won't be that bad, but I think that there's definitely going to be a huge amount of volume going through Bitcoin and things like, you know, second layer solutions are going to grow a lot more. I mean, you know, look, there's huge amounts of work on lightning. There's there's going to be a lot more institutions paying attention within the next five years. And so I can actually, yeah, I can really simply see over I can see it's passing both master cars and visa in five years fight both both them five years time. So time print stamp this thing now. I think I think five years seems about right. It's pretty fast, of course, but everything is moving too fast now in Bitcoin. So it doesn't matter what we think. I think what has to happen and it sounded like a really hard thing five years ago, but on the other side of that, these companies have to want Bitcoin. They have to want to hold it. They have to want to accept it. They have to have that desire. So that's half of it. The other half is that the customers have to have Bitcoin. They have to know about it. They have to hold it. They have to want to spend it either if they're going to rebuy their Bitcoin or if they're just going to take profits into goods and services. So both of those categories have to come up. And previously that seemed like an impossible task. I know people tried on the retail side. They were accepting Bitcoin. People tried on the normal person side trying to convince their friends to use Bitcoin and buy it and use it and all this stuff. And neither of them work because it was just such a difficult chicken and the egg problem. But now with all of this interest from Tesla and Mastercard and all these big names and Jay Z. I think that normal people are interested in Bitcoin. They're interested in buying it. And then if it goes up, maybe spending it on the other side, the corporations and the companies have heard about Tesla and all these other companies. They've heard about smaller companies that held a little Bitcoin and now are very happy. And I think they want that to happen to them. So now that both businesses and normal people have the dream of Bitcoin in their heads. It's only a matter of time before Mastercard and Visa are no longer the dominant payments on the network. Just reminding everyone to keep liking the episode if you haven't liked it yet, you only have to like it once. And it could be you that gets us over the next big round number full of likes. That could be you moving on to issue five issue five Amazon is preparing to launch a digital currency project in Mexico. We only know about it because of job postings, but the job postings make it look like Amazon is working on a project where customers could convert their cash into digital currency, which they could then use to enjoy online services, including shopping for goods or products like prime video. We've talked a lot in the past about Netflix and the desire to not have a subscription fee, but instead to sell individual videos on Netflix, individual videos on prime video, especially to developing countries that can afford a subscription fee, but have a dollar or quarter or whatever to buy a video. Previously that made no sense because of the difficulties keeping track of all that money, but now with Bitcoin and perhaps another copy of Bitcoin called Amazon coins 2.0. Amazon is heading in the right direction towards digital payments with digital currency. Josh, she got a will we see this project released will it only be in Mexico is Amazon going to go Bitcoin crazy next. Yeah, and they should I mean it won't be Bitcoin. They'll do Amazon coin, but you know, I've been saying that forever that Facebook will have a coin Amazon will have a coin. I mean we have this new invention called cryptocurrency, you know, it's the cycle and there's all sorts of consensus mechanisms that they they can try out if proof of work ain't your stick. You know, if proof of authority is the thing for you, then whatever you're going to do it, I don't know, I'm not saying that's the best one at all. I don't personally like it, but they might and who cares, do it. Let's do it private money, let the games begin, compete, I'm a competition maximalist folks. Amazon's a great company and I spend certainly a lot of my money there and I want to say it's so nice to use the real Amazon for a long time. I used another website and someone else would make my orders and I'd pay and Bitcoin and all that kind of thing. You never knew really knew if you were going to get your stuff a lot of the time was spent managing your order so that you get that sweet deal rather than just getting your stuff. I love Amazon. I've got a list of things. I can't believe that they actually deliver me everything on my list. I order the most random things from the most random categories and they all arrive within a few days of each other sometimes even together in the same box just yesterday. I ordered like detergent for the washing machine and dryer sheets and it's like it'll be here tomorrow and I believe them and it will and it's just an incredible company. I enjoyed reading them about them in the everything store book about Jeff Bezos has incredible background big star Trek fan. So always a fan of people that are fans of Star Trek. Star Trek is a fan of mine. That's right. Like Senator Cory Booker. Yes. Big fan of Cory. I, you know, Amazon should be one of the wonders of the world really. I don't know how many of them are there like eight or 10 or something. But seeing these this company that can do so much in logistics. It's really, you know, I know that some people on the show, they're not really I'm a free market capitalist. I really enjoy free market capitalism. It has a lot more solutions than centralized governments to I mean, and some people would call me extreme for that. But if you look at something like big like like Amazon, it, it is just delivers anything you want. Sure, it centralizes it takes jobs from the little person, but the little person can also sell through Amazon. And and have them as the logistics company when they couldn't do the logistics. I mean, you've always used. You're a little person, you little mom and pop store. You've always used the postal service, which is an outs sourced logistics service. You never drove the packets to the next town or across the America or across the world to deliver it. And Amazon does that for you and takes a cut. I mean, it's amazing. There's definitely things I don't like about Amazon. But, you know, if I don't like them, I can stop using them if I want. And that's what I like about the free market. If I don't want something, but I like a company on where you might be able to, but you might find yourself addicted because Amazon's product is so good. One of the one of the best things about Amazon in the Amazon book was the way that they design new products or new services. They write the press release first. So if you wanted to introduce the Kindle, you'd say, well, it has a month long battery life. And you can hold hundreds of books on it. And it's very light and it fits in your pocket. And you start with those things. And then you go backwards and you say, can we make a product like that? Can we make it lighter? Can we have a big enough battery? Can we hold enough books? Can we make it flip pages really fast? And they have to solve these problems because they have to live up to the press release that they've already written. And this press release also goes to their customer first strategy. They've gone harder than anyone else in customer first. If you complain about something you want to return something, they'll just work with you and they'll try to get a good outcome. Whereas a lot of companies give up on you after a couple of tries. They're like, well, this customer is a jerk. Customers are a jerk first. And Amazon never does that. They don't, I don't know about how well they treat their warehouse workers and how they're gaining all the efficiencies that are going into this machine. I think Josh has a rosy picture. But in reality, the capitalist gears might be grinding up some peasants inside to get me my books, to get me my detergent. Of course, again, I'm part of this as a consumer. I'm going to the lowest. I'm going to the lowest price and all those things, but I'm also getting incredible service. So it's complicated things. But just a marvelous thing. Good or bad. It's so big. There's different aspects that are good, different aspects that are bad. Dan Eve, we've been waiting your thoughts on Amazon, accepting Bitcoin. Well, I'd just like to say that as someone who's been taking this time, you know, COVID and the break in a week's time, we have to read up on the environment. I've been supporting the Amazon a lot. I've been sending lots of money to the Amazon and having things delivered all the time. I'd like to thank Jeff for supporting the Amazon. And, and, you know, and anyone who's donating like me will be happy with the service. Look, the end of the day, like you said, you can have anything, almost anything delivered in a box of other random stuff. You can even be like, what's the most random box of Amazon you could get delivered on one day. But it's an amazing service and people will use it. And if you think that there are, okay, so he's a, you know, Trillian air was or whatever, you know, but just here we set the market at Trillian. And so, you know, it's a $7 billion people on earth. And if you thought about the fact that if you were tipping someone, how many people use Amazon and how many people tip, how many people tip and how often, if you're just, if you take it like that, then, you know, giving $10 to Jeff, you know, just, it's kind of it because he provided such a good service. I don't know, it gives the value that they, that they deserve like it's merely it's not just a service where it's a local shop. You can be like, local shop owner, you know, they're not getting the cup, but then they've got the opportunity of being worldwide on Amazon where only people that can hobgoblin down the street can actually get to it or whatever, you know, because they're not open. They're not to the internet. So I think it opens up, it opens up a lot of opportunities. It does shut them down because it means you've got to be compete, you know, efficient, but what's wrong with efficiency, what's wrong with competition. Why wouldn't you want the best product for the lowest price and the least resources. And in a green world, surely what we should be like, you know, really gunning for is the most efficient process and the people that make the most money usually have an efficient process thing. There's not many people that are really that evil that do really evil things and get loads of people's money via theft and you know fraud and all that irrelevant that Jeff Bezos is providing a good service. Yeah, you know, it's interesting that one of I remember seeing a piece where everyone was going on about how little Walmart was paying their staff and and that everyone was really like, yeah, they've got to be paid more, lift up the wage. And then this guy went to Walmart and was like, do you support the workers getting paid and hire minimum wage and they're like, yeah, yeah, I do. I've been watching on the news and I'm really passionate about it and they're like, oh, well, and then I'll pull out this thing and say, oh, well, we've got this. Just give us a look at your bill here because they're walking out with the shop. We'll just add 10%. How much did you want them to get paid extra? We want and that and that we will just add that onto your bill here so you can voluntarily pay that will donate it and they sort of quickly shuffle their cards off because they don't actually want to pay that extra. They just, you know, go on about how they would like everyone's extra, but not pay extra. Yeah. It might also benefit more people if we paid more people more money because they'd spend it and they'd have that positive effect on the economy. Let's move on the exit question exit question Jeff Bezos CEO of Amazon.com recently retired. He's now one of the world's most wealthy man and he's got nothing to do. What will Jeff Bezos do next? Dan Eve. I don't know, hopefully something cool like pump dogecoin. Oh, I didn't mean it. Chill, chill. I don't know, like provide value in the world. I think Amazon something that's provided value and Bitcoin is something that's provided value. And if, you know, if someone else provides value, they're not commended, but I don't know. I think that there's the world of opportunity. I think Elon went from PayPal to SpaceX and Tesla and, you know, it's now, you know, helping on getting people to Mars. So hopefully Jeff is going to kind of get off his is Amazon horse and be like, right, let's just do something for the good of for the good of people or the I think he thinks is whatever for the good of civilization and crack on with it. And we'll just ride it and be happy. Josh, I got not right Jeff. I don't want to ride Jeff and be happy just to clarify because someone already does look like he's very strong. He's got that he's got that Russian like this. I that was his name. What is the Russian leader? He's a good person. He's riding the horse back, you know, but his top off. Yeah, Jeff has got that look. Not that I'm looking someone's just someone out there and make that poster. Make the poster of Jeff Bezos. Behind Putin on the on the bear like putting in the front Jeff in the back. Photoshop artists get to work. Josh, you got to go ahead. Jeff Bezos is very tired. Okay, sorry. So I don't know like I'm really interested to see what he does it next because these sorts of people like Elon like Jeff, they can't not work. They work a hollix. They just work all X and they're very, very driven. So I think he'll do something else and he'll get his teeth into it and and just yeah, I don't know. I think it'll be SpaceX. No, sorry, SpaceX blue, whatever his version is. I think he'll think his teeth into that a little bit more. I'm not sure. I'm really fascinated by the fact that he quit because he was so Amazon. He is like Amazon. So really. Yeah, you know, there are other people under entrepreneurs like, you know, obviously Elon, but Richard Branson, they just constantly start new businesses because they ideas people. And entrepreneurs and they want to see the idea of actually, you know, come to life. Whereas Jeff just went, my idea is sell everything online and start with books and then we'll go from there. And that's like, that's the idea. And I'm not going to let go of that. And now he has let go of it. So I wonder if he'll come up with another idea and go with that for the next 25 years. Prediction Jeff Bezos will challenge Bill Gates to become the world's most philanthropic person. He'll create a program to feed every single human on earth so that no one will ever go hungry again. Now I'm kidding. He's just going to be like Elon Musk. He's going to put all of his money into blue origin. He's going to go to space for like five people or 10 people that can go with him. And he's going to leave the rest of the earth behind to rot because who cares. He took his money out of there anyway. He's exhausted the mind. The capitalist moves on. All right, that's about it. We're made it through the show. Still a chance to get that thumbs up in. You'd be one of the last ones to get that live thumbs up feeling. It's feels so like that. Like it's the sense. Yeah, it brings in the additional guests. If you look around, you become more good looking to a lot of people in this chat room right now. Some of them are here because you wish the like button. So that's what you can do. I want to see. Yeah, I want to see Jeff Bezos after a note. I want to see Jeff Bezos on Joe Rogan dropped DMT. I think that's that's where that's what I want to see. Joe Rogan is getting more and more acrobatic with his interviews, more and more substances. Josh Egold, you have a prediction or a story of the week. Go ahead. No, but I have, you know, with the entire craziness of old altcoin season, well upon us now. You know, where we integrated Ethereum into Valtaro last week. So, and we're seeing a massive amounts of Ethereum coming in and buying gold. So what I'm actually seeing is that I feel like the bull run is is heading into its last phase because we've seen a lot more people hedging into physical metals now, which is interesting. And this is the same feeling of 2017, a clientele, a quiet good with macro economic concepts, I feel because they just sort of, you know, they're not just Lambo moon all the way types. Let's analyze the market at a macro level. And yeah. Not yet. Not yet. Not yet. No, I mean, I don't feel it is, but it's an interesting metric. It's like that quote from Heist, you try to think of what someone smarter than you would do and then you do that. Yeah. And if prediction or a story of the week. Go ahead. So I think I think on we have to you have to rack up an April magic April prediction, like Orlando takes requested number one and number two, a big. I, well, I think that it wouldn't be too far fetched. So I think this is kind of a conservative estimate that I'll guess prediction Bitcoin war here 50k this week. You watch is going to be back down to like 25 and there's going to be a death threat or something. No, no, I, the end of the day, it keeps it goes, it goes up, it goes down, but it will eventually go up further than it went down to when you bought it. That's what's going to happen. You might buy it and it goes to this isn't financial advice. But just long term, it's outperformed everything. So, you know, this is a financial advice, but buy Bitcoin. Just buy it by now. So obviously yes, Orlando's right. You've been a good audience. So you deserve to know the future. So we will ask the ball. We're in the binna of a major bull market. Everyone's really happy all the people on Twitter and clubhouse just going crazy. But will the price of Bitcoin be higher this time next week right now. It's 47,777. That's a lot of sevens. So here we go big money real lucky. Will it be higher this time next week? Outlook good. Outlook good. The ball has spoken. So we're looking good at least for next week. I agree with Josh. You got to start hedging. You got to start watching this thing, but not until after next week, at least according to the ball. There's still a chance for you to donate to our new laptop fundraiser right now with the on chain QR code or at tally coin in the link below with the lightning network. Someone published that off. We are 86% of the way towards our goal. We're probably going to have to go over because you know, MacBooks always cost more than they say. And I'm going to try to wait till they like Josh was saying the new MacBook with all the ports. All the everything come back to you MacBook. Yeah, let's let's group out everything. And then say it's new. And then let's bring everything back and say it's new. You didn't get the one without the screen. I want the one without the screen. That's the one to have the Mac mini. Those new ones all have screens, but yes, you can donate now with the QR code on your screen. Give us a thumbs up and a share subscribe down below. But thanks to everyone for joining us. I think we're going to head towards the end of the show. Josh and Dan, anything else to say? No, join us on Twitter. It's Jay, she got a JSC IGLA and I rambling rant on there. Come and join me talk back at me. Throw me all off with me. Whatever you want. Welcome back Dan Eve, the crypto raptor. Welcome back to the show. Been long time. Yeah, it's been. I was saying earlier that you know, I started I was like, well, I'm just going to I'm going to do the COVID wind down. I'm going to unsubscribe to all the junk emails. It's taking this long. Literally this long. I just pressed the last unsubscribe. I think I've unsubscribe to everything, but I think people have cheated and they still keep on sending me things, but we're all cool. We're all good. That's it. The administration is over and I'm back. I'm going to unsubscribe to the world crypto network. Yes, that's the one thing you need to and get notifications on. Dan, where can they get the rest of your rap and all your stuff? Let them know. Cryptopety acts cryptopily like monopoly with crypto on Twitter or YouTube or search one. Yeah, thank you. All right, very good. I think that's about it for this episode. Until next time. Bye.

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