The Bitcoin Group, the American original. For over the last ten years, the sharpest sitoshi, the best Bitcoin, the hardest crypto currency talk. We'd like to welcome our panelists, Dan Eave, the crypto raptor. Hey, hey, happy Friday. And I'm Thomas Hunt from the world crypto network. I'm not sure if we're sharing the right screen. Oh, it looks like it's fun. I don't know the things I have, but I thought it was easy. I could fix now. All right. There we go. And let's move on to issue one issue one Bitcoin falls after Treasury Secretary rules out buying it for strategic reserve. The Treasury Secretary of the US said the United States is not going to be buying crypto for its Bitcoin and strategic reserve. As predicted on this show here, they'd have to pass that through Congress to get it. That would be very hard. Previously, they've talked about taking the money from victims and using the victims' money to make up their reserve. However, it seems they're finally giving up publicly anyway. Dan Eave, what do you think about the Bitcoin reserve in the United States as that they will now not be buying any Bitcoin? Yeah, it kind of was hinted at that a while back, wasn't it, that they were only going to confiscate that? How are you? Oh, hello. Is that better? Hello. Hello. Hello. Can you hear me? No, it's working, I guess. Oh, no, it's working. Okay. Sorry. Yeah, so they kind of hinted at that a while back. They're only going to confiscate it. And that's really, that's really sad. So to confirm that, that's pretty bad. And as we've discussed before, the confiscations, they come with their own complications right, because they can confiscate Bitcoin and hold it for purposes where it's been hacked, for example, but ultimately those funds need to be going back to the people that lost them. So for example, the Bitfinix scandal where lots of people lost their Bitcoin and that Bitcoin that's being held is probably possibly going to be going back to those guys. So even the Bitcoin that's currently being held in the treasury isn't all for the coffers of the US. But it's a sad day because obviously we just hit an all time high and then had that bit of earth shattering news that brought us down to what, $117,000 again, it's still all down to crazy. But yeah, it's pretty, it's pretty bad news. We thought we were going to get a Bitcoin strategic fund that we're going to be buying the one million Bitcoin and maybe Cynthia Lumius is still going to be working towards that. I think she tweeted something about it. But at the moment, it's not looking good for the, for the buying up of the strategic fund. Although he did say, didn't best say that there's, they're going to be looking at acquiring it in other ways that are balanced, neutral or something. So whether they've got some other tricks up there, so used to, to get some Bitcoin. Maybe they're going to hack it from North Korea, I don't know. Oh, hello. It seems my microphone works every one to two minutes. It's a very exciting error that we have going today. But yes, they say they're not going to be buying. As we said on the show, they may as well have a national Picasso reserve. Every time they swoop up a Picasso from a drug dealer or a gang member, they should keep that Picasso an extra 10 years because it's going to be worth so much more money. And then they should never sell it. We've been through this before on the Bitcoin. It never made any sense. It never seemed like they were going to get it past Congress. And now they've already given up very, like, hardly into the first term of the second term of the Trump administration. The new Congress coming in soon. They're not even going to try to get this through cryptocurrency fell on this. Let's move on to the next issue. See if the microphone will keep working. Moving on to issue two, like Dan said, the price of Bitcoin. The price of Bitcoin is $117,250. That's down 0.78% or $920. Over the high of $119,360, a low of $116,990. Over at Yahoo Finance, they say Bitcoin going to $200,000. Here's what will drive the rally to another record price. They also say over at CNBC, Bitcoin touches record. Ether almost makes new high before rolling over. Bitcoin price rose as high as $124,496 on Wednesday. While Ether was close to its 2021 record of $4,866. Dan, if we've talked about the price, the price, the price and the price. The price looks very good there. Like you say, it's a little down now, perhaps because of this reserve being rejected. But we saw all the buying, David Bailey's, Nakamegos, Nakamogos, Project, whatever it is. They spent a billion dollars allegedly just market buying. Just pushing the button. I don't know how they actually bought it, but they say they went all in on the Bitcoin. We've seen all the buying as well from the institutions. Everyone was laughing, making fun of the institutions that were converting into Ethereum or considering that as an option now. Ethereum is soaring as well as the rest of the altcoins. And it's starting to trickle into NFTs with Kirio cards, crypto punks, even moon cats and other seeing price rises and floor prices starting to take off. Dan, what do you think about the price of Bitcoin? 200K does seem like a nice little price. Our pay is still predicting 250K by the end of the year. But I saw Adam Bax tweet was saying that the cycle seems like it's going to be a lot longer this time. And this time is different. I think it was saying, if I recall, the peak is going to be around Bitcoin in 2028. So we're going to see a kind of more of a slow like multi-peak. And maybe that's because of the ETFs, the institutional buying that's... The institutions are coming. Now they're here. We've got the 401Ks that have been opened up so people can invest using their 401Ks. In the UK, we're still trailing behind, of course. And everything is awkward and jagged when it comes to just buying with Bitcoin. If you're buying a house, it's extremely awkward. You've got... There's only had handful of solicitors that will actually validate buying a house with Bitcoin. So you need to prove the funds and a lot of solicitors won't actually touch people with... So there's lots of general things where in the UK, where we're completely behind. And it's really good to see the US pushing forward with the Genius Act and they're pushing stable coins because ultimately, stable coins give people a way into Bitcoin. As much as people may hate them, they become a gateway to Bitcoin. Because once you start learning how to use stable coins, then you start learning how to use Bitcoin. And then you start learning how to use Bitcoin. And then you start realizing why Bitcoin is good. So think of stable coins as the latest gateway drug into the Bitcoin space. I do love the idea of all these people investing into stable coins and then being disappointed because they don't get me gains. And the price just stays the same. I keep buying. Everyone I know is buying and the price is still the same. It's been interesting watching the price of Bitcoin and Ethereum and other things go up as we've been predicting here. It's been looking good for a long time. So we're not surprised. And even this little thing at the top here with the supposed end of the strategic reserve just seems like another temporary pullback. It doesn't seem that bad. Check out worldcryptonetwork.com. We've got lots more videos that you can watch, including short videos at worldcryptonetwork.com. Moving on to issue three, as Dan had said, they're having trouble in the United Kingdom. Trouble with cryptocurrency. We want to play just a little bit of this rather long ad by Coinbase. We might break it into parts. Here's an advertisement by Coinbase that has been so called band in the United Kingdom and not allowed to be played on television. We ain't got no troubles. No reason to complain. Because he didn't drink all the frittin' we just love it when it rained. Morning. We're cozy heat at home. Even though it's not our own. But wait a few more years and you can sing. Oh, everything is just fine. Everything is grand. You're life to get the catcher when you live in by the lesser. In this blazer's land. Everything is just fine. Everything is great. The streets can't get cleaner. No, the rap mean any leaner. No, five is just first right. Everything is just fine. These fish fingers are a steal. Price is up a smidge. Just a hundred quid a million. Antipers would hate could be worse. If there was nothing in the fridge. Strategic realignment means I get to work for myself. Yeah, hanging off my lordy grave. The tips from each delivery. Excuse me, sir. I have your tandoly. Everything is just fine. Everything is grand. You're life to get the catcher when you live in by the lesser. In this blazer's land. Everything is just fine. Everything is great. The soldiers are in awe. They're doing our best. What off to do bye? It's time to jump shit. We're finding our balance here. The stiff of our lip. For everything. Everything is just fine. Truly an incredible piece of satire there by Coinbase. Dan Eve. We've got the rats in the streets. There's the trouble with the job. The fish fingers price is going up pretty soon. It's a full on musical. They're spinning in the streets. There's a thing of poo coming up from the sewer. What do you think there, Dan? Is that what's happening in the United Kingdom? It's literally exactly what's happening. It's the everything is fine. Dogg scene with England in a merry popping style. I really like it. It's pretty cool. A lot of criticisms I've seen have come from saying, what's, it doesn't pose any solutions. It kind of shows that everything's going crazy. Maybe making fun of our free speech that we have in the UK. And the fact that we've got those, it doesn't explicitly say anything about it, but those crazy age verification things where there's nice essentially all sorts of YouTube stuff and even Wikipedia now. They even like, you can get age checks on Wikipedia, which seems all a bit odd. So it kind of does paint the dystopian future that we may be heading towards, but it doesn't give us any solutions of how to escape it. And I think the reason why the ad regulator, sort of banned it was actually because it doesn't warn of the risks of cryptocurrency. So it's kind of one of those like, in the US you've got the medical ads where they've got the May cause heart attacks, and all those warnings at the bottom, they kind of needed one of those, but for losing as well as gains. But they didn't present any gains in there. They didn't see the poo not coming out of the sewer or something the ceiling getting fixed. There was nothing like that in the adverts. So I thought it was really funny. I don't think anyone could really take a fence from it unless they're really touchy. But I want to see entirely direct and entirely negative. And I could see how the British wouldn't want that on their television. It kind of seems like a riot bait. Like we saw you want to just people off. Like, I mean, just kind of you should be out there in the streets like your life is terrible. This is a commercial going through some of the comments here from the chat. Starship Schrodinger's destiny said he saw the ad, but thought it was too long. Maybe it was just designed to be banned. I think that's true. I think they could also cut in. They could do little short versions of this ad with like just the fish finger lady or just the dancing people. There's potential to cut that down. Let's see. They say a skeptic says it looks like a Monty Python sketch. Sketch, Starship thinks it might be inspired by every sperm. Every sperm is sacred from a Monty Python in the meaning of life. Let's see. There's trouble with the Brits bailing. They need new jobs. And vote socialism could be an ad for the new party. So a lot going there. Excuse me. We also had a story from the UK. Former UK chancellor and current coin base advisor, George Osborne, says the UK is falling behind in the cryptocurrency market, particularly when it comes to stable coins. But Dan, what do you think? Are they falling behind in the UK? I know they had a for us controversial decision they decided to get rid of the Bitcoin ATMs personal to some of our friends who had for a long time been running one. And of course, can't run it anymore. That seems kind of backwards to me. But are they also stopping people from getting into the all important stable coins? Well, there's obviously we still got like coin basis still a service that runs in crypto.com and all the kind of large services. But ultimately, Britain used to kind of be known as a bit of a financial capital. And it's really falling behind. It's really lagging. And I think the pound still, despite it being kind of pretty small in the grand scale of things, it's still the fourth most traded currency. So it would kind of make sense to maybe have a pound. I don't know, try and take advantage and have a pound base stable coin. Again, as a gateway drug into Bitcoin. But it does seem like we're just falling behind the UK. We're creating all of these laws that are choking businesses rather than letting them open up. And yeah, I think I can see where they're coming from because I've had multiple conversations and it's anecdotal. But pretty much most of the people I know that are in crypto in the UK are like, oh, I'm kind of thinking of leaving the UK. It's not at least not looking bright as a future. But then even in Europe, they're starting to stifle creativity when it comes to cryptocurrencies. And general fear as well. Like there's all sorts of rules potentially coming in about limiting and monitoring payments that are over a certain amount of either euros or pounds. So there's always these whispers of really crazy schemes to spy in on your funds. And I think the international bank of international settlements even have had an article today about giving a point system for Bitcoin so that every Satoshi is labeled. And then all of the specific Satoshi's you'll have a point system to see whether it's been tainted or not. And again, it begs the question of how long is something tainted for if you receive funds that are tainted, but you didn't know. But it's for a legitimate sale. And they're tainted because they were used in a mixer or something. Is that your fault? Because all the money that we see floating around, probably most of it's touch dodgy hands. I remember seeing a few years ago, I don't know if it was true, but it sounded quite logical based on working in the city for quite a while. But like some huge proportion of 50 pound notes in the UK had cocaine on them. So it's not like small fish just walk around with cocaine and 50 pounds. So I don't know, man, like fear money's tainted. Like fear is what we've used for many years for, or say, we, not not, I was going to say we've used for kidnapping, but people have used for kidnapping and other nefarious things. So no matter what you use, if we just had goats, people would be using goats for kidnapping. They would be like, and obviously, I'll give you your son back. If you give me 50 goats, they can't prove that the fiat system is clean. Then how could we keep using that system? They want to clean Bitcoin, but they need to clean the fiat system first. As it says in the article, Brian Armstrong from Coinbase says that there are people in the UK who still think of crypto as some kind of gambling product. And I've completely missed the potential of crypto to update and improve the financial system for the benefit of everyone. And it does seem like they're in danger of falling behind, having completely forgotten this crypto starship says in the chat that Rachel from accounts, yeah, I'm running the treasury is talking about selling the confiscated Bitcoin to cover some of the deficit, which would just be the best thing ever, just like Germany making their big sell. The United Kingdom could make a sell on everyone, could calculate in the future what percentage of the deficit they could have paid if they'd held on to the Bitcoin, the same old. I already in slip that what percentage of the deficit that they could, they could fill because we have now have a mysterious 48 billion pound or whatever. I think it might even be 52 billion pound black hole, which is courtesy of Rachel from accounts because we only had a 22 billion pound one before. So in theory, she's managed to increase it by more than double in less than a year. And that's some feat. Well, your country doesn't make anything and they just left their major trade partnership. It doesn't look good. But now we have to predict the future with the magic Bitcoin ball. Dan, evil, the price of Bitcoin be higher or lower this time next week. Ever positive. I think we're going higher. Yeah. This is just a blip. New a new all time high as well. I was a grem always bullish. I always think it's going up. It's always hard to sell. Will the price of Bitcoin be higher this time next week? Don't count on it. Don't count on it. The ball is bearish. Moving on to issue four Harvard Harvard reports a $116 million stake in Black Rock. I shares Bitcoin ETF in the latest filing. The position marks one of the largest known Bitcoin allocations by a US university. It's also Harvard their largest stake in anything larger than their stakes in stocks or gold. Of course, I'm sure you all remember back in 2018 when I Harvard University economist said Bitcoin is more likely to hit $100,000 than $100,000. But it did hit $100,000. And now that it's over that price, Harvard is finally buying. I think this is the same story we talk about all the time about different institutions and how if only they had gotten in sooner, what they could have done. How many fine libraries Harvard could have built? What great Smithsonian institutions the United States could have built instead of giving all their money and profits to Tim Draper? It's really sad to see this keep happening. It's sad that we don't have, there's not like a small university, like the University of Ohio or something where they listen to this show or they listen to Andreas or they listen to any of the other Bitcoin people who are screaming for years. Buy the Bitcoin. Take your large amount of money. Buy the Bitcoin. Especially as someone with no money at all who could buy hardly anything. Buy the Bitcoin. Now we're finally seeing Harvard do it. It might be too late. It might be kind of a joke at this point, but at least they got the message. Dan, why do you think it took Harvard so long? 100 to 100,000. And now they're finally into it. Yeah, they've definitely reversed on that right. So they said it's going to be $100. Now they're saying now it's obviously $100,000. And they've bought it and it doesn't say when they bought it. But what they have done is they've got more of the Bitcoin ETF than they have at Google stock. I think it's Google stock or the fact that they've got more. So they've surpassed recently the investment in Bitcoin and then Alphabet, so that owns Google. So like you said, it's nice to see kind of the big brains buying in, but it would have been really cool to see like some tiny university that had bought Bitcoin from years ago. I'm not sure what overstock's position is, right? Because overstock was one of the first publicly traded companies that actually bought Bitcoin. And they kind of withered out of the news. Maybe they sold all theirs, but they were in such a huge position from the start. And whether Wikipedia kept any of their Bitcoin, that would be interesting to find out. All these early companies that were public about it in some way, how that's evolved over time. But what we are seeing obviously is the complete role reversal. We've got Harvard now buying Bitcoin, Jamie Diamond and JP Morgan is now much more comfortable with Bitcoin. And even Peter Schiff is clearly, he's clearly stacking Bitcoin. He's definitely on the antagonistic side, but some of his tweets, but he's clearly stacking a bit of Bitcoin. I reckon I think it was his daughter bought into Bitcoin and she's probably turned him around. So, always son, I can't remember which one. But by the way, I think everyone's going to turn at one point and they kind of have to, because you can't keep saying now that Bitcoin is going to die or it's worth nothing. And I think someone produced a chart of the Bitcoin obituries and they're almost gone now. But there's almost no people saying Bitcoin is dead, it's gone for good. Everyone's jumping on the gravy train, it's just a case of how long they can last before they have to reverse what they've said over the last 16 years. What were the companies you named, Donna? I think Overstock, they probably had to sell when they got rid of Patrick, whatever name was, the guy that was kind of the crazy CEO. He went to work for the Trump administration. I don't know if they're still holding. And they did the big move, they changed their name into bed bath and beyond. It's pretty clever. What was the other company mentioned, Dan? Well, we're competing, right? So, we're competing. That was the best. I was going to say they did a whole study and they're like, well, if we include more donation options like Bitcoin, for example, the more donation options, we include the less people, Donate. But they didn't take into account if their Bitcoin donations would go up like 10 fold if they held them. So that's an interesting corollary to that study. They need to go back and check again. What would have happened if they just kept accepting Bitcoin? Yeah, I mean, there was some, I think in the UK, overclockers was one site, like a PC building site that they accepted, accepted Bitcoin for a while. I had a few purchases from then or I'm like, oh, I should have just kept it instead of buying that Oculus Rift, all that graphics card. But all part of the fun, it's worse and worse is the idea that if someone had shopped at the Silk Road almost what, 10 years ago, the change from that participation, if they just kept the 15 bucks on the 300. If they imagine if they just rounded up, we've done really well. Yeah, that's amazing. So some of the pre-pre-70-2017 companies, so there's WordPress that started taking Bitcoin for premium services, Overstock, obviously, Tiger Direct, accepted Bitcoin in 2014, New Egg in 2014, Dish Network, Dish Network, something like Provider 2014, Microsoft did a lot of these things. It was in Vogue in the day to brag about how you were converting it instantly at BitPay. The big thing we're worried about is companies that they were going to sell a hard drive for $100. And then the next week Bitcoin goes down, now they only get $75. They still have to pay for the hard drive, you know, dot, dot, dot, they're on very thin margins these companies. But no one was talking about this now pirate at 40 Bitcoin Ponzi scheme strategy, where I'll just hold the Bitcoin for you and you can trust me. We have one more video clip here. Last May, according to Bitcoin news, last May students at Ohio State University, audibly gasped and booed when the commencement speaker bought up Bitcoin. Is this real? I don't like this. This is really embarrassing. The price of Bitcoin was 68,000 at the time. It's just over 116,000 a year later. Let's listen just a little bit. This commencement speech. Can I encourage you to keep it open, my friend? No. I see big points. Oh, my God. We're still so early, aren't we? That's incredible. Is this real? I don't like it. And they could have doubled their money in a year. All they had to do was listen to their commencement speaker. You might have think he knew a little something. They got him up there to speak. What do you think Dan about the commencement at Ohio State? I think that one of the most damaging things to Bitcoin from an uptake thing was this labeling of Bitcoin bros. It really did impact on when I was talking to people. They would just automatically put you in. I was a Bitcoin bro, which is obviously extremely sexist, but because you're a dude, it's totally fine. I thought that was a bit weird. And I still find that now, and you hear a lot of the booze there. They did seem like, you know, it was featured also in a bunch of articles. It's like the biggest hobby turnoffs for women. And it's like number one is Dungeons and Dragons or something. Number two, it's like Pokemon. Number three is Bitcoin bros. And you know, it featured that negative side featured in a bunch of different articles, just spayed all over the place. And they were just regurgitated. And Bitcoin bro became like this term that you weren't just like someone who's interested in money and economics and finance and learning about that side. You were just some money chaser, almost like a penny stock kind of trader, which is actually more of the shit coins really, to be honest, penny stock trading is way more synonymous with shit coin trading. But I think that had quite a bad impact of and so people got labeled Bitcoin bros and they would automatically shut down as soon as they heard you talking because you're a Bitcoin bro rather than, oh, what's this intriguing, intriguing new hard money that you're talking about? It seems like there was, there was an existing class of programming bros, right? Where they didn't care about the computers. They only cared about the money. And they did all these stories. They're like, they're programming code and they're running on treadmills at the same time. They're the programming bros and they're like, oh, dude, look, this sweet exception I wrote and all this kind of thing. And I think you write down something along the lines there that got mixed in with wolf of Wall Street, where they're up there like pounding their chests and they're selling the penny stocks to the dummies. And they're like, yeah, you take the penny stock, you dummy, you know, and they take all the profit. And that got tied up in the Bitcoin. But I still think we're at kind of these core principles where they still look at the Bitcoin and it's funny because I had the same feeling forever ago when it was over a dollar, when it was over 30 and over 100. I was like, the money's already been made. Like the really smart people bought it at a dollar, they sold it at 30. I'm not them. I'm dumb. And now for them, they're saying, oh, the smart people bought it at 30K and they sold it 100 or whatever. They're on a different schedule of monies. And sure, it's harder for us to believe that having seen it gone from 100 to 100K and all of that. But it's still the same story where you say, someone else already made them money. And so you hate that other person because they made the money and you kind of hate yourself because you didn't get in and make that smart money because they probably heard about it like I did. Everybody had that moment. They heard about it. They didn't buy it. They thought, and that goes to my number two, the idea that they still think, Bitcoin is too complicated. Bitcoin, whenever they tell the joke on TV, it's great. We're in all the jokes now. We're always there. But it's always like Bitcoin is a thousand piece Lego set or a puzzle. Bitcoin is a thing that I don't understand. So because I don't understand it, there's no way I could invest in it. So the reason that I didn't make money on number two is because I didn't understand it. So it's incredible. I'm not incredible. I'm not. Everybody else doesn't understand it. I can never be those people. I'm not a programming Bitcoin Wall Street bro. So they just group themselves out of it. And they miss opportunity after opportunity. And it's that joke we always refer to. And I know you guys have heard me tell a dozen times. But the guy is on the boat. He's on the top of the roof. And it's a flood. And they send a boat for him. He's like, no, I can't get on the boat. I'm waiting for God to save me. And they send a helicopter with a ladder. They're like, come on, just climb up. Climb up the ladder. It's like, I can't get on that ladder. I'm waiting for God to save me. And he drowns. And he gets to heaven. And he's like, hey, God, where were you? Why didn't you save me? He's like, who do you think sent the boat? Who sent the helicopter? And the same thing with Bitcoin. It's like, we're just begging these people. Like get a little bit of Bitcoin. Oh, it's $300. It's $800. It's $10,000. We're like, you could still buy a hundred bucks worth. But they just won't do it. They just won't climb up. And now it's at the point where all of the corporations and the banks and the big money you're climbing right up. And I'll bet you guys in that crowd are seeing it as well. You know, you probably put all your money in, but you can't get the relatives to get 300 bucks in there. They can't figure out a payment plan. You're like, just put 100 a week or whatever. You make lots of money. They can't figure it out. What do you think, Dan? Yeah, the fact that the existing fear system is just nuts. And when I was learning, it kind of all getting into the treasury sort of team of an old workplace. And I was learning about the international clearing houses and how slow money moves and how we've got this such an antiquated system where you have to wait for overnight, overnight runs and stuff like that in order for the finances to clear. And it's, you know, I would say, they've shored it now. We used to take days for certain things. And you're like, it just makes so much more sense. Once you learn it, you know, that, oh, it's OK. It's a block chain. So it's a block, a bunch of blocks in sequence. And they're just a list of the transactions going back and forth. And that's all it is that that's the technology behind it. And it's transparent so that anyone can see where one address is sent to another. And you may not know who's behind that address, but you know that that address has got that money. Or that address sent that money and received that money. And it's not, it's really not that hard to comprehend. But if you were to take someone to like some of the treasury like talks that I went to, I was like, this is so dumb because I was learning about them the same time. I mean, in fact, I just kind of learned about Bitcoin. And then I was like, oh, OK, so this is how Swift works. Yeah, that's, that's really dumb. And this is how, you know, international sentiments work. This is, that's, that's really dumb. It's such a slow and an archaic system. And yet people were still laugh and go, oh, I'm a Bitcoin. I just got 10 minute block times. Pah! And like, give it that's, that's, that's, that's nothing compared to what we already have. And so people are so heavily invested in that. But they don't know how it works, right? They've used fear. They've used dollars. They've used pounds. They've converted it to euros and stuff like that wherever they go. And what's also weird is that people usually are so pissed off when they go abroad. And they're like, oh, I just converted my dollars to euros and it cost me a fortune. Or I just converted my extra money. It cost me a fortune. But then if you say, oh, there's only like a, you know, you can buy Bitcoin with an 0.5% spread even less than that. They're like, a 0.5% spread. Baka, baka, baka, baka, baka, baka, baka, baka. A rabble, rabble. And, and it's just so hard to get past that, to get past that block. But so stupid that we're so early. And oh, there's another article I thought of. And it was the one that where it was like... The two, it was the two guys wearing Bitcoin jumpers. And it was like, we're getting rich in your knot or something in that was like what, late 2017. So a bunch of these articles were made by a bunch of jealous people who... And we've all been there because we all know that we could have bought more or when we first heard about it and when we were preaching it to everyone else and then we could have not sold it when we needed it for other stuff and found some other ways around it. And so we've all been there. But most of these articles you've got to realize are driven and written by jealous people. Jealous people who lost out. Jealous people that could have earned a bit of money and they're like, oh, you know, so into down the road made a few balls, blah, blah, blah, blah, blah. I'm gonna write a miserable article about them. And yeah, that's just what's sad about the whole thing. Because Bitcoin, people into Bitcoin, it's not just Brose, it's all sorts of incredible, amazing people, loads of women are into Bitcoin too. And very much the hard economics, not the shilling and the stuff like that. Obviously, you see some big personalities on Twitter that kind of sell with a nice Instagram type picture trying to shoot a shit coin, but it's not all about that. It's all about that, it's about the hard money. And so on. Well, and like you said, Dan, every one of these articles is a potential entry point. It's a point where you can get back in, even if you've lost your stack or you've been hacked or like we're gonna talk about later and other things happen, still an entry point. And like you're saying, I remember I was working at BTC Jam at a Bitcoin startup and we were doing Bitcoin loans and we had a pretty good staff, 10 to 15 people. And I would say about five of them believed in Bitcoin. The other 10, even though they're being employed by a Bitcoin company and they have lots of me and other guys telling them over and over again, how great this thing is blah, blah, blah. And it was a hundred to $300. They could have got some easy. I don't think they bought any at all. And it is funny, Dan, like you say, what happens when you learn about the monetary system, when you learn about the Federal Reserve? Sometimes I don't think they do it in high school anymore. I had to go to a special college course. And when I learned about how it borrowed money and how it loaned out money and then they took that money and loaned out 10 times that money and how they multiplied the money through the marketplace. And no one really has the money that they're loaning to when you buy a house. They just write it down as a debt. They don't actually put money there. You go a little mad. You go a little crazy. And I think it's easy to go from the Federal Reserve reading about that to going to any conspiracy that you want because once that's true, what else could be true? And again, to go through just the basics of the smallest system, this is your credit card and this is your secret number. And don't give it to anyone except you give it to everyone when you pay. And not only are they going to get your secret number, they get your address so they can come get you. Every time you pay, you're leaving your address and your secret number and your other little secret number and your little expiration date, secret number. You're leaving all of those behind in plain text and plain view, anyone working at the fancy furniture store, the grocery store wherever you use your secret number could steal your funds. And that's the, and that system was cool in the 50s. I mean, I guess people couldn't remember as many numbers. And they had that cha-chunk machine and they would make a physical paper copy of it. Again, you could take the paper copy and steal the person's number off the paper copy. But that was the best system they had and to still see it today. And I think you're saying down one more thing it says that at an ATM near me recently, instead of charging like $5 or $10, they charged 2%. So the more money you took from the ATM, the more money that the company would take from you. And now I don't care because I've got a cool card from Schwab that cancels all your ATM fees. I suggest you guys get a card like that. But otherwise, yeah, 2%. So the similar to buying stuff on Coinbase, where I think originally it was like $5, $10, $10, no matter what you buy. And then they're like, no, no, we need to be like the big boys. We need to charge a percent. Because obviously you make tons more money that way. Yeah, yeah. It's a crazy sound statement fairs though. That people still see, that was only what a year ago. They still, they boo Bitcoin. And there were probably, people would have been more receptive like five years prior to that. I think that a lot of the negativity is actually, has actually come recently from the, the ship has sailed collective. They're just like, oh, you know, I didn't buy it and people told me about it. So I'm just going to make fun of it. But you'd expect better more from students, right? Because students are the ones that, that want to learn and want to know more about the world. They want to study and they should be yearning for more information, not just pooping something because they've read an article on the Bitcoin phrase. Well, and a double up is pretty good. Their money could have doubled from 60 to 120. It still looks quite possible. We'll go from 120 to 250 in this cycle. Still pretty good. I guess people want 10 X's. They want larger monies. We've got some bonus stories here. Just going to cover really quickly. Is this the end of the Newport tip, Bitcoin saga? For the rest of you not in the UK, that means garbage dump. This is the man James Howell. It's been 12 years involving a high court and a court of appeal hearing. But it looks like James Howell, who threw away his hard drive with 8,000 Bitcoin on it. He tried to launch his own currency for some reason called CNOG, Coin, to regain some of his money. It looks like they tried to buy the landfill, but instead are getting sued by the city now because their deal to buy the landfill wasn't a good enough deal or something like that. It's hard to understand, but it looks like he's managed to generate debt and not get the landfill. It seems like he will not be able to get the landfill so it's over. It's over for Newport. Dan Eave, what do you think about the man himself, his challenges? And do you think this is really the end? Because as I started to say it was the end in the back of my head, I was like, though there'll be some kind of foreign company, some kind of Chinese, Japanese, conglomerate that comes in with more money than you can imagine. And they'll buy up this garbage dump and maybe this James Howell guy, maybe they got to get him because he could claim there's a password on there or something. They're gonna need him, keep him alive. What do you think, Dan? Is this the end of the garbage dump? Yeah, ultimately, there may be something crazy that happens in the future that's government sanctioned. But ultimately, him being able to essentially root through a bunch of other people's hard drives that would have been thrown away is an massive invasion of privacy. It's the equivalent of saying the government saying, it's totally cool for someone to go and root through someone else's bins to find out, you know, to find out. I just think that that's a huge invasion of privacy. So maybe in the future, the government's like, oh crap, you know, we've got a chance now as the government to take control of this or the council or whatever and try and find the 8,000 bitcoins and we're allowed to because of X, Y and Z because people gave their rubbish over to us. But to give it to a citizen, I think it's just nuts and I'd be pissed off if I lived in that area and he was trying to get into the rubbish because what else would, you know, he's ultimately his business or whatever would ultimately be in control of whatever's found and would have to read the information and what other private information is there there's gonna be like, there's gonna be dick picks and stuff on people's hard drives and maybe other types of picks and all sorts that would be good to find and increment these people. But certainly like, you know, general privacy stuff, people weren't really hot on encryption. People never changed passwords and I worked at companies that were, I can't say exactly what they were, but they were like, M-O-D certified and had literally password, one, two, three as their admin passwords for like everything, the God passwords. And so that was, it wasn't until like the mid, sort of 2010s that people really started to become focused on changing their passwords and you got the Google prompt saying that your passwords have been compromised and have I been pawned or all that, pawned or PWN, however you pronounce that. So yeah, I just think it's a big invasion of privacy. It's not gonna happen. Maybe the council turns around one day and says, yeah, we're taking your data, but other than that, it's a massive encouragement of other people's data. But unluck you may as well. I think it's, I think it's pawned like owned. Yes, it's all through him. I agree with Starship in the chat. He should have re-bought as soon as it was lost. That's the lesson here. If you lose a large amount, even if you could have say bought half of this or a fourth of this right away and maybe just, you know, got rid of his house or whatever his possessions were, that would have been better off than this Quixote attempt. Like Dan said, I think it's a huge privacy violation. If you through your hard drive in the garbage, you don't have the expectation that this guy is gonna go through every hard drive in the dump looking for his hard drive. I do think it's enough Bitcoin where maybe the government or a rich company would have to go in and get this. So I don't think it's over. I'm never gonna say it's over, but it looks like that this guy has exhausted his options. He's made a coin, he's begged the council. I said he should have run for council. I mean, it's really hard there or something, but I think he's out of legal options and we're done with him losing his hard drive full of 8,000 Bitcoin. However, we're not done with an Estonian banker who's lost Ethereum wallet. Now holds $1 billion in Ethereum. It says two years after Rain Loafmus admitted he lost access to a pre-sale wallet. The stash is worth over a billion dollars at least on paper. This is especially painful to me during the Ethereum pre-sale when we discussed it live here on the air. My friends were all dumping on it and I had that little voice in the back of my head say, oh, maybe you should get some of that pre-sale. Maybe you should give it a try. You don't know everything blah, blah, blah, but of course, like we all do, I ignored the little voice, got none of the Ethereum pre-sale, but apparently this guy did and he would be sitting on $1 billion. Dan, it's the same thing. I mean, he's, it was a paper wallet. I don't, all right, maybe it was paper. I don't know what it was there. Hypnosis, maybe they could get this key back. They could go through his old hard drives. Obviously, a billion is an incredible amount, truly ridiculous. Dan, what do you think about this guy who lost the billion dollars in Ethereum? It's not, it's another savage loss and there's so many of them. There's the other, there's a guy that had a Bitcoin wallet like a treasor and he's got like two password attempts left before it's gone forever. Well, and that one, that one they say they got fixed. That one's great. Oh, wow. A third party company claims that they have figured out a way to isolate the key or store to remember some kind of special thing, but the guy who has the key to bring in the treasurer, he has a deal with another company and at the time we covered it last time that other company had not figured out how to do it. So because of his licensing deal or whatever it was, some kind of legal agreement, he could give the other guys the key. So that one does look like we're going to, they're going to get access to, hopefully, eventually. But with this, it looks like the password was lost. You'll consider credible health, credible help to get it. So it's put same, you're right, so many people have done this on smaller occasions. I know you can go back and look at the, we did a costume contest for Comic Con and I made all the paper wall. It's honestly, that is, I did not keep the extra keys and there's at least one of those where the guy won now $5,000 and it's trapped forever in the Bitcoin unless they kept that paper wall that I wrote on, like, do not throw away. This is money. I even tried to tell them, but I'm sure a lot of people have that. They're saying in the chat, someone lost half a Bitcoin at Cripsy. Oh, 50,000. That's about 50. I've seen the same thing. I remember at Mt. Gox, you get on there and you think you're so smart, you're going to trade your way to victory and you're like, oh, you have one and then you have a half and then you have a quarter and then you're like, oh, I traded my way not to victory. And to think about that now is as how much it's worth would be very sad. So I'm not going to do that like Ben said about DJ booth website xsatz.next. It's the saddest website in the world. As you can go back and say, how much was 500 sats on this day? And you can feel sad for all your purchases. Good point, though. As soon as you realize you've lost it, just just buy it back. If you're that confident, yeah, that's a really good point. It does seem it's one of those decision points where it would teach you to be like, well, was I really serious about that Bitcoin and it turns out, yes, you were serious. Yes, you did a bad job securing it. You didn't get a treasurer multiple treasurers or whatever the correct solution would have been. But like you say, like they're saying, I just rebuy get back in there. Our next story is pretty fun. It's getting hot in here, but we're going to keep going. Scotty Pippen, Scotty Pippen famous basketball player for the Chicago Bulls said that Michael Saylor warned him about Satoshi Chatter. After meeting Michael Saylor, the basketball legend, later found himself dining on Saylor's boat and geeking about Bitcoin. They kind of hide the lead here in the article, according to the article in a coin telegraph magazine, not our sources. This is about Mr. Pippen. Scotty Pippen has been dreaming and having conversations with Satoshi and then publishing the results of those conversations. We talked previously on the show about Scotty Pippen predicting very high prices for Bitcoin and Ethereum. But now he is having dreams of Satoshi. Dan, he have almost anyone else. We wouldn't talk about this, but this is a member of the multi-time champion, Chicago Bulls, played with Michael Jordan, maybe as good as Jordan, an incredible player. But now seems like a little nutty. And Michael Saylor had to tell him to chill out, but it looks like he's still publishing this on X. What do you think is Scotty Pippen talking to Satoshi in his dreams? Oh, probably as much as I'm talking to Jesus and Elvis. I mean, obviously, dreams are... They're self-propelled, right? They're just basically kind of... I don't know. Certainly mine are really weird microcosms of my general life and stuff. And sometimes people will pop up in them that you've been thinking about on that day. And sometimes you'll think of someone that you've literally not seen for like 20 years. And you're like, how do they think of that person? Or at least know it's that person, because my dreams are... I don't even see the face, but I just kind of know it's them. I know by the idiolect and the way they talk, the way they move and stuff. It's really weird. But yeah, I think the saying is kind of right to be like, keep the craziness out of... I mean, Pym is good, because he's getting people in that we're NBA fans. And he's spreading the word. But at the same time, it's like, keep it... Let's keep the craze dreams on the D-Lo. Let's talk about the core principles of Bitcoin and do some good old hardcore shilling of Bitcoin. But maybe not talk about dreams of Statoche, because I think, yeah, we all agreed that we'd rather not know who Statoche was ultimately. Or at least know that if Statoche's not around anymore. So, you know, so that that million Bitcoin that was mined initially is going nowhere. It's lost into the ether. And we're just saying in the chat, like people saying they've lost it on cryptocurrency, they've lost it on poker sites back in the day. There was... I used to use faucets, like when I first heard about Bitcoin. I'd be mining with twin GTX 680s, and then I'd be using faucets as well to try and get Bitcoin. And it was just so much of it was spread around that just got lost and so many wallets that people have. And these were... You're not talking small amounts. You're talking large amounts of Bitcoin that just got lost that you'll never ever get back again. And they're not in circulation. So, yeah, let's just keep Statoche a mystery just like we keep the amount of sats that are out of circulation a mystery. Because that's one thing that's kind of weird and cause that we'll never know how many sats really accurately are out of circulation. Because we're still seeing now wallets that suddenly come to life that weren't... Haven't been touched since 2011. And even prior to that. So that's really cool to kind of know that those larger wallets that people held that amount of time, you know, 12, 13, 14, 15 years. So how many of those original wallets are out of completely out of circulation? I think it would be more impressive here if Statoche had invented a dream advertising technology or whatever that he's using or she is using to communicate with Mr. Pippin here. That would be a great technology. You could advertise and everybody's brain. I've seen movies about that. That would be good stuff. I think the main thing we can gather from this is that Scottie Pippin is over invested in Bitcoin. If you thought that you were stressed about the amount of Bitcoin or what have you that you may be holding, you have nothing compared to Scottie Pippin. The man is dreaming about Bitcoin. He's dreaming that the creator is coming to him. And fortunately for him, for his positive attitude of what have you, the creator is coming to him with good news. Good news about your Bitcoin, Scottie Pippin. It's good that he's not talking to an angry Statoche or a pessimistic Statoche or a Vitalik or somebody like that. Everything is fine from Scottie Pippin Statoche. They're gonna be just great. But yeah, I feel for everybody in the chat, they've lost lots of Bitcoin. The same thing here. Small something that you left behind in some website. Pretty soon a point zero becomes a point one and point one becomes a big deal. And now you're wishing you had it back. But I think that's all part of the way here and part of what it took for it to get here. And everyone likes to gloss over the part where we spent it and not think that we're gonna not spend it in the future because it's gonna be a currency and it's gonna be spent. But yeah, the Michael sailors and stuff are not looking at where it came from and how it got here. I think best of luck to Scottie Pippin. I don't think we know too much more about this. Obviously a basketball great. He had some good advice on the investing, I thought for some of the Bitcoin and the Ethereum's, but I don't know anything about if he's communicating with Satoshi and his dreams. If he was here, I would be curious to ask Scottie Pippin about this. It would be a fun conversation. We have one more brief story just on the end here, according to Reuters, leader for life. El Salvador's Bukheli is headed that way. Critics say they have amended the Constitution of El Salvador to allow infinite, indefinite, president runs Bukheli's post-popular after the gang crackdown, although always as recovered, it looks like American money went to the gangs, so it might have been a gang payout. And the opponents say democracy is dying as we've speculated on this show many times. If he's in power forever, at least he doesn't have to steal the money and we don't find out how many Bitcoin fit in a briefcase or even smaller hole as they sneak out of the country. Dan, if this has been a disappointing deal, I think for everybody that backed Bukheli, everyone that backed all the Satoshi things we've said from the beginning, we can't decide who uses Bitcoin, so it's great that they're using it, whatever, but that doesn't mean we have to just go around supporting unelected dictators who seem like they might be infinite presidents as I've mistaken, and they're joking about in the chat. Dan, what do you think about the infinite presidency? But... What? I'm told on this one, because obviously he seems like he's kind of brought El Salvador's crime rate down, and you know, democracies are all good and everything, but democracies can be manipulated very much and there can be cheating in democracies, and ultimately democracies are good. But, you know, he's kind of... I think I'm on his side very much because he's really shown it to the BIS and the IMF, right? They were just absolutely laughing at El Salvador and their gamble on Bitcoin, and I kind of like the underdogs in a situation, I always back the underdogs, and the fact that at least last time I saw it, there was something like three quarters of a billion dollars now that Bitcoin is worth, and they were absolutely ridiculed, they were by multiple countries and the BIS and the IMF, and now that they're doing so good, I'm just, you know, I think it's... They're kind of making some good decisions. I wouldn't call them a dictator. I just think he's kind of... You know, they may have been what people say is a coup, but kind of, you know, one man's coup is another man's pleasure, and treasure, or whatever the saying is, but he does seem to have got like bad crime down, and so as someone that was mugged violently in London, and it only seems to have kind of got worse over the years, I kind of would like to have seen my mugger behind bars instead of the police basically doing absolutely fucking nothing to find them and giving up after a week, sorry about the F-bomb, but yeah, so I kind of... I'm kind of tough on crime, because I stay on that with it, I don't park on double yellow lines and all that. Like, I'm hardcore. So I would like to see... And I'm not being funny, but like in the UK, I think the government recently released a bunch of people and 75% of them have reoffended sins. So, you know, like, I don't know, I'm gonna be... I just think that certain things, they're just, you just need to be a bit tougher and a bit less, you know, cushion and lovely dovey with. I think one of the takeaways here is how hard it is to do Bitcoin retail adoption. He started out with the Chivo wallet, he had the position of government, he could speak, you know, they had the big speeches, the big parties, they could presumably put up signs everywhere, put a mailer and everybody's mailbox, get the Chivo wallet, they were gonna give them, I don't know, $20 and free Chivo, whatever it was, some kind of thing. And I think that they really failed there too. I don't think that there's major retail adoption in El Salvador, despite this. I don't think we have major real adoption in the hotel here in the United States, despite everybody's speeches, everybody going to conferences, all the money that all these companies raise. Bitcoin retail adoption is not there. I don't know what it's gonna take. I think it's gonna be one of those unfortunate things where after the cow is gone, they close the barn door and all of a sudden, as soon as there's no money at all to make in Bitcoin and we're looking at a million dollars of coin or $20 million of coin and everybody's saying, yeah, oh, there's no way in my life I could ever get a whole Bitcoin. Even if I borrowed and I sold and didn't drink Starbucks for six years or whatever Michael Saylor wants you to do, you're never gonna get it. I think at that point, all the retail comes rushing in and everybody just flips and they're like, oh, we love Bitcoin and oh, we accept that at my business. No, do you have any Satoshi's? I would like to get some Satoshi's and everybody jumps on. As soon as there's absolutely nothing they can gain and when they get all the ETFs get all the money and all the bankers get all the money, all the startup people get all the money and everything's gone. I think that's when retail's coming in. It's not gonna be because of a program or because of a country or a company or somebody paid you 20 bucks to try this new way to pay or whatever it is. It's gonna be this last ditch when it doesn't matter and there's nothing you can do for these people. I mean, you can lead a horse to water but you can't make them drink and I feel again with all the family and all the friends and I'm sure you guys feel it too. You especially hurts when you have the well-off friend or family where you're like, oh, if only they had put 10, 20% of their incredible wealth into my ridiculous stupid idea that, it's hard because you can't just going backwards. You're like, when it was a hundred, we didn't know it'd be a hundred, okay? We all thought it would be. We all wanted it to be and 10 years is a really long time to say, oh, it's easy, invest for 10 years, it'll go to 100, okay? But now I think they all look back at that and they're kind of pissed at us. They're like, why didn't you tell us enough? Why didn't you tell us in a way that we would understand? Why did you push my hand into the ATM and mash my code out until the money came in and went into the Coinbase account? And I've done that with people. I've held their hand and made them buy the $100 on Coinbase and in my head, I'm like, they're gonna get it. Like, they're gonna buy $100 next month and they're gonna buy $100. No, they never follow through. They have the 100, they lose it. They call me for the key. Do you have the key? I never have anybody's keys. I never keep anybody's keys because I don't want them and it shouldn't be my job anyway. But as kind of the whole point of the technology, but Dan, what do you think? I'm gonna read a little bit of the chat, but I'm hoping that everybody had the same feeling that I did where like you tell everybody, you told everybody and you still, you still can't get them to buy the dang thing. Yeah, it's, you make a point about the people that I knew a lot of people that had a lot of disposable cash working in the city and they, none of them were even like, were even humanly by saying like, oh, you know, I bought like 100 pounds of Bitcoin because like even with it instantly, I started telling people I was like, you can print this stuff of graphics cards. This is amazing. You can basically print your own money at the moment, obviously because the rewards were so high back then. And I was like, you know, even if you don't want to kind of invest in graphics cards and spend all the time fiddling with them and see G minor and all that, you can literally just, you can literally just buy a little bit. And for someone who was on silly money, like a thousand pounds or even a hundred pounds was so little back then, but even like, even buying a hundred pounds when it was, when it was 200 pounds, would have given you 0.5 Bitcoin, which if they'd have held it would have been, 60,000 or 58,000 dollars or whatever it is now. And it was such a small amount back then if you had silly money to just be like putting some more amounts in. And so I'm really surprised that actually what we haven't seen is a massive flux of celebrities or generally rich people going, of course I bought a couple of thousand pounds, like, you know, a couple of thousand dollars in 2012. Of course I did. It was a couple of thousand dollars. I was worth 20 million, 50 million at the time. It was silly money. It was literally like what I'd go out and spend on a meal back then. We haven't had like a massive amount of people doing that, whether that's because they're trying to stay private or whether they just, people just really weren't convinced that back then. And you only had the likes of people like Tim Draper that were crazy enough to spend like $40 million on the silk road auction. But yeah, I am surprised that more, more kind of celebrities and public figures didn't 10 million ago. Yeah, of course I did. Of course I bought a couple of thousand dollars. And even the big winners, I forget his name, but the American football player who put, I want to say like 20, if it's like, I'm going to put 20% in a Bitcoin. And obviously he won huge. Like everyone can do the math. He did great. If he held the Bitcoin, obviously has no reason to sell. You know, like we've always said, people that have good jobs, like football players or finance guys, they don't have to worry about rent. They keep going. They're not like you where you have to sell for rent. I'd like to see him put the other 80% in to say, yeah, I bought the 20, but I should have put the rest in. And I'm doing it now. I'm doing this now. I guess maybe nobody wants to talk about their investments. We were going to talk a little about Peter McCormick and the third. And he bought the football team there, the soccer team. And I think the town thinks that he has a lot of money. I don't know his personal finances, but it sounds like according to the article that we read, they're calling him Batman. And he's saying that he's going to take on private security and that his private security will be better than the police. And you could just pay him for security. But I wouldn't want to be in any of those positions to where the town that you live in thinks that you have as much money as Batman. That seems horribly dangerous. And disaster is not to mention, not even to go down the line of private police, private fire, fire, those kind of thing. But Dan, what do you think about the idea of Batman, crypto Batman, Bitcoin Batman, what do you want to say, saving the town of Bedford? You might have even been there. Well, I've not been there, but it seems like a sad state of affairs where people have to look at getting private. And we've seen this in a few rather random places in either the UK or elsewhere, where they've said, right, well, the police are becoming a lot very soft on crime. And therefore, we're going to kind of do our own patrols because we don't feel safe around there. So it's just a general sad state of affairs that it's kind of got that way. But yeah, the difference I suppose between... I was talking to someone about this the other day, but the difference I suppose between, say, knowing, I think I'd pick like Elton John. Elton John's worth probably hundreds of millions of pounds, right? But the difference between him and say, someone who has Bitcoin is a wretch. Jason Locke always talks about James and Locke. Always talks about the difference is the wrench attack. They know that Elton John's got all this money or whatever, but his money's probably in banks, which is hard enough to get to when you just need to spend a thousand pounds of it to pay a bloody bill, let alone to withdraw all of it at once. Whereas with a wrench, you can help someone with draw everything from Bitcoin in one go. So that's why I think that there's a bit more of a focus on security and people are a lot more paranoid because of that wrench attack. And as much as this pain's probably a few people to kind of say it like this, but there's for non-Bitcoiners who weren't kind of who didn't grow up with the idea of holding your keys and holding your coins, it's actually a really scary thought to get someone into Bitcoin and to teach them that they are totally in control of all their money and they can't phone up someone and complain if they screw it up, if they lose their private key, if they drop their ledger and they haven't written down the seed properly. It's a hard thing for people to hurt or for people to get over because they're now in control of their destiny, but also the other factor with that is that someone else can come and put a gun to your head. And we've seen all these stories with the ledger CEO in France, they've got to be in up on the street and then there's someone that lost a finger and then there's these people that glow on streams on like Twitch or whatever that they had a bunch of Bitcoin and they got mugged. And I think that's the big difference, right? Is that normal celebrities, they've got loads of money and there's billionaires that have loads of money but they aren't wrench-attackable as it were. And I think that's what freaks people out about holding their own keys is it. So in a way, in a terrible way, having your keys on a very much risky centralized exchange provides people with a safety blanket. That's sometimes safe and sometimes not. I know people that have had their money on Coinbase and like father and like son, both of them robbed. Both of them completely cleaned out the thing these days. I would just watch out for anybody. Don't join any Zoom chats. A lot of Zoom chats, they send you a pop-up window, you click the wrong button pretty soon, they're controlling your computer. Turn off your computer immediately. Otherwise, they're gonna steal all your stuff. And yeah, it's very dangerous what people have online, what they have access to in Bitcoin. But going back to why we couldn't get people to buy, why my best efforts, probably your best efforts failed. I don't know what's wrong with people. I thought that in your 20s and maybe your 30s that you should be looking for these kind of investment opportunities where you say, wow, that could be a home run or it could be nothing. And I could put a G or 10 Gs in, maybe it'll be really good, maybe it'll be nothing. I remember I was looking for Facebook, stock, Apple stock. These are not very adventurous investments, but still you're trying to get up, right? You're trying to put something in that investment portfolio, can't just have IBM or whatever Microsoft. But something's wrong, people were too depressed. They think everything's a scam, even when their friends like me tell them and tell them over and over again. And it goes from 100 to 1000 to 10,000. And you're like, come on guys, get in. But maybe they think all monies a scam, Starship said in the chat, all monies a scam. And yeah, I just don't know why we couldn't get these people in. And even with the El Salvador and the micro strategy story, I remember when they were under water. And I remember like Dan was saying, everyone was making fun of them. And I thought the same thing with my little portfolio, I thought with theirs. I was like, if they could just hold through this mess, there's a possibility somebody writes a completely different story about El Salvador at the end of this, that this Michael Sailor, if he can get his board of directors to not sell his incredible investment, he could be a hero on the other side. And now we're on that other side. And it was only a year, only a year and a half. It wasn't hardly any time at all. So shout out to everybody in the chat, who has given us the comments. We're going to check those out and give us a thumbs up. I think we're running out of time for today's show, Dan. Do you have a prediction or a story of the week? Go ahead. All right. I'm going to go for a prediction, which is that we will reach another all-time high. I think this news is just a minor blip. And all the big stuff is still happening, all the 401. I don't know if that's live yet, but they can use the 401 case. But I think that's going to open up a massive amount of private wealth to be able to invest into Bitcoin, even if it is via ETFs. So this is just a minor blip. We already knew that it was always, I think, priced in. The America wasn't going to be buying Bitcoin. They were just going to be using confiscated ones. I think we've talked about that while back. It was kind of hinting at. So yeah, minor blip. And then on our way to another all-time high. Yeah, I agree with Dan. People always think it's about the news, that the news affects the chart. I think a lot of ways the trader guys might be right, that the chart is just pre-written. And after it goes up 15%, it has to go down 3% to 5% in order for it to go up another 15%. It can't go straight up. Something about our mind, we say, Bitcoin is the greatest investment ever. Facebook stock, Apple stock, whatever you believe in is the greatest investment ever. How could it ever go down? But if you look at any of these charts, they wiggle up and down. They don't go straight up unless you zoom out a lot. So it's looking good. I'm doing this show back in America this week. It's great to be home. But I'm in a totally different time zone. And I don't know what time it is. But it's hot here in Las Vegas. As nice to be back at a great time over in Europe on a Mad Tour number nine, if you guys caught that on Twitter. Of course, the price of Bitcoin went up as it does on every single Mad Tour up and to the right. So thanks to everybody for joining us. Be sure to give us a thumbs up, put in a comment, and we'll check out the chat later. Until next time.