The Bitcoin Group, the American original. For over the last ten years, the sharpest satosis, the best bitcoins, the hardest crypto currency talk. We'd like to welcome our panelists, Adam Meister, the Bitcoin Meister. Hello Thomas, baby! And I'm Thomas Hunt from the World Crypto Network. Moving on to issue one, Bitcoin price clings to 90K as traders I, US Supreme Court tariff ruling. The tariff ruling by the Supreme Court was expected today on Friday. They've pushed it to Wednesday of next week, perhaps because of the political events going on in the United States, perhaps because the Supreme Court was busy today. No one knows. The price of Bitcoin is down 1.1% in the last 24 hours, with a last of 90,297, a high of 92,000, and a low of 89,679. That's $1 for 1,107 satosis. We're joined by Adam Meister. Adam Meister, what do you think about the price of Bitcoin? The price of markets generally, as I said, seems in a holding pattern until the Supreme Court lets us know if Trump's tariffs are legal or not. There also seems to be a reaction to that that if the tariffs are made illegal, that the president would then push them forward in a different way, and we would have another discussion on whether or not the different way whatever it may be is legal or not. There's a lot going on here. What if they nice it? They just would have given us a date a long time ago, because they've already decided. I believe it's been decided. They have released states. It's just, they're very secretive that way. This is an important thing. Once they are deemed illegal, because it is illegal, the price will go down. But as you all see said, they have some else up their sleeve over there. They'll be another court here eventually. They'll be another excuse why the president of the United States can arbitrarily just issue tariffs on people, on countries, for random numbers, random industries, excluding random industries. This is going to go on a little while, but for Bitcoin purposes only here, the price is not baked in. It will go down. It will go down when the announcement. It is when it's deemed illegal on Wednesday now, I guess. They could delay it again, people too. They don't hold your breath to Wednesday. Now, we don't know. It could go either way. They could. If we look at why they didn't release it today. They didn't release the day the country's in a firestorm as we all know. We don't really want to talk about it here. It's not really part of the show, but there was a situation in Minnesota. They might want to just out of respect for the situation, move it along, or if they're thinking strategically, if they're actually going to give the president more power, give him the power to do tariffs unilaterally, which would increase the powers of the president. Maybe they don't want to do that with people in the streets. On the other side, if they're going to actually reduce the power of the president, that would please the people in the streets. However, as we've discussed, they have some kind of backup plan. They're going to run them through in a different way. I don't know how that's going to turn out. They did not, there's not supposed to be a political organization whatsoever. They should have released it when they were like, they shouldn't be worried about reactions here. I don't buy that. I think you're entitled to your opinion also that, and maybe the president has enough friends on the Supreme Court that this is going to be deemed legal. I logically looking at it, and I'm just seeing how in any way can this be allowed to continue, unless John Roberts wants some compromise and says, well, it's going to be hard to pay all the money back or something like that. It could be said, I really wish we do, if they're going to be the terrorists, which attacks us, let the Senate, let the Congress do it, like the old fashioned way. We can't have just the president, and the president has done some good things. He's done some bad things, but this is not a power that the president has to issue these tariffs, random tariffs, and just try to take charge of the economy and guide it. I hear his lackey, what's that guy saying? Not that, that's it. The Howard Lutnik from New York. My god, they're interviewing him all in yesterday, and he could say nothing wrong. Like, oh my god, he's so flattered by the government. He's so telling us how wise every move that they do, every economic move they do is so wise, so planned. Oh, man, it's ludicrous. Separation, I thought as a bit-cointer, it's just separation of money and state. The more you let, even if your guy isn't charged over there, you know one day your guy isn't going to be in charge, and just imagine, if your- imagine if Elizabeth Warren was in charge, all your people who are loving what Trump is doing with the economy, imagine if Elizabeth Warren is in charge, was one day that's going to happen. Pound that like button. I'm not pounding how like you and this is a good thing, but just kind of like when they're given some like here. All right. Additionally, the tariffs are so arbitrary. He put some on, he takes them off, he puts some on, he takes them off. If you were a businessman and you were trying to produce widgets in this market, how on earth would you do it? How would you say what your supply is going to be, what your sales are going to be? You have no idea how much you're going to be paying in and out. A lot of people didn't even understand that their supply chain relied on this. There's a famous story of a guy who used to sell knife sharpeners or make knives or something. He's like, I make all American. It's fine. He found out that his American suppliers all relied on German suppliers. They all had to pay massive tariffs. It ruined his business. Yeah. Adjacent as you are saying Adam, when you're saying he's going to control the economy, I don't know if anyone remembers, but that's that's Soviet talk, right? That's communist. He is so you're only exactly deciding what's going to happen. If a central planner is Soviet tariffs. I mean to have a central planner is Soviet in its ways. There should be no central, but you just had a great tie in there, which you should elaborate on predictability. That is that is one of the great things about Bitcoin. Its economic policy is 100% predictable. Everyone's like, what are we going to do at 2100? We know what's going to be going on in 2100 with Bitcoin. We know it's exact policy. How many of and many new ones are going to be created, etc, etc, etc. Here we have a situation where you let the government take over things. You don't know the next what's going to be going on in the next minute. And that's where our economy was horrible in 2025. Bitcoin would have done so much better. Everything would have been so much better if there was just normal predictability. Normal instead of just a whim, you don't know what the next thing is going to be. That is very bad. That is very bad for any economy. 100% predict that there's never going to be an economic policy as good as Bitcoin. But my god, we're in the United States of America. We've gotten close to having just some like, every few months, I'll change interest rate or whatever. But nothing major like this. Nothing that has to rely on the Supreme Court every six months to come up with a new decision. So think big picture. Think big picture. Everyone, let's just have something stay the same. Just like Bitcoin is. If you're a Bitcoin, you're really grasping this, rocking this now. I hope like our economic policy and Bitcoin never changes. Let's try to get closer to that in the United States instead of just having this randomness. Okay, we've really allowed. Let's well, we've been building this way for a long time with the imperial presidency. It started under W Bush and we made the same arguments that you're making. You've got to put him in check. You got to roll these back. You got to try these people. And when President Obama came into a power, we may have agreed with him on a lot of things, but I never agreed with him on this decision not to have accountability for the W Bush, you know, imperial presidency. They did whatever they wanted. Now we're seeing in the same way. They do whatever they want. Even in economic matters, even in long settled economic matters, just the other day, the president pulled us out of 66 treaties and other groups. There's just a lot of change in this market as Adam said. A lot of people have speculated that if President Trump had just gone golfing this entire term not passed anything, no executive orders, no nothing, the economy would be way up. He would be way more popular. And we'd all just, you know, Bitcoin would be up everything would be up. I mean, he just could have just gone golfing, but there's all these other things that they're doing there and reaching themselves so on and so forth, which we've seen time and time again. And now this, the new plan is that they're going to take the money from the Venezuelan oil sales and the president will be keeping it outside of the treasury department, which like you say, Adam, even if you support this Venezuelan action or whatever, can anyone really support the president holding money outside of the treasury department? It's just a ridiculous speculation. It's very core. You use the term, you use the term here, presidency. You've said it's been going on since George W. Bush. We don't think it's in the specifics of it all, but it's been going on long before that. Okay, with these executive orders, you can see the increase through the years is insane. The United States should not be run by executive orders. That's it. It's that simple. Let's not have executive orders. That's not, it's a three-pronged thing here. We got Supreme Court. We got Congress, and we got a president executive legislature, and whatever, the judicial. Let's go back to the fifth grade and relearn that and just apply it. It is the Congress has not, they could have stopped this a long, long time. Okay, but you're absolutely right also with the, in terms of 2025, if the president of the United States would have never done any tariffs at all and just would have went golfing, his limit. We could have called Liberation Day the day I'm going to go golfing for a hundred days straight or something. Good coin would have gotten to 200,000 dollars. Not in that like, but no, that did not happen. That did not. Let's start to move on towards the next issue as we already went very close towards politics today. But fortunately, we have the arbiter of all truth with us. So everyone can agree. The Bitcoin Magic 8 ball, the source of all truth. Adam Meister will the price of Bitcoin be higher or lower this time next week. Oh, lower. Yeah, definitely lower. I'm going to stick with higher. I always think higher, but who knows what's going to happen? You don't think the tear, you know, this pre court is going to go, but you don't think they're going to get the tariffs. I don't know. I don't know. I don't know. Yeah, they're going to get the run that Bitcoin's on with ETFs and all the other people waiting in the wings to buy. I think I just think I think them saying it's illegal. It won't help it. I don't think it won't. I don't think it'll hurt how big. I don't think of the help that that that I guess I should have prefaced that for it should, but it's just because there's going to be a whole new level of underneath the bill. But what will the ball say? Will the price of Bitcoin be higher this time next week? Really hard to read. Let's see. It builds the drama. It is decidedly so. It is decidedly so. The ball have spoken. Go ahead. No, no, sound like the Pharaoh in 1956 movie. What's it? The famous movie Ten Commandments. It was on issue two Walmart to accept Bitcoin at the checkout Walmart now enables Bitcoin payments at the checkout via one pay cash, tapping 150 million customers of also seeing people celebrate and they take a theory and they take salana. I guess this company takes a lot of different coins. But this is important to us at the Bitcoin Group. And I think we've covered it here before, but we'll go ahead and cover it again because on episode one of the Bitcoin Group, which originally aired October 19th 2013, it went a little something like this. The Bitcoin Group, the American original for over the last 10 seconds, the sharpest Satoshi's, the best Bitcoins, the hardest crypto currency talk. Issue one, Walmart and Bitcoin. If your Bitcoin is so great, why can't it be accepted in the real world? Is Bitcoin ready for the rigors of checkout? Customers use their credit cards and enjoy near instantaneous transactions. Why would they wait for Bitcoin when they consume, push their carts full of RFID chips across a scanner, a process that will transform checkout? What is the future of this Bitcoin in brick and mortar retail? I ask you and Dress and to novelists. I don't think people will use Bitcoin to buy stuff at Walmart, not for a very long time. It's not ready. The infrastructure isn't there. The point of sale systems aren't there. The corporate structures aren't there. The legal systems aren't there. It's going to take a long time until you can pay for your groceries at Walmart with Bitcoin. Even if that time comes, it's probably going to be more like a loyalty card so you sign up for it in advance. Rather than a instantaneous cash-like transaction, which is ad hoc. Adam Meister, it's been a long, long time. It's been 13 years. But for what it's worth, you can spend your Bitcoin at Walmart. How about that? I got a lot to say. It's been so much time that somebody that's washing this show was born three days before that show aired. Also, all of the people who only look at us, which is most people that don't pay attention to what we're saying is they're complete 80% or so. They're going to be like, why do you guys, why does everybody look so young then? You do know in 13 years people age. That's life. In this time, you've got I should try to not age next time. Yeah, I don't get it with some of these people. You look older than you used to. I think it's been 13 years. Do you know what that means? Did you live your life? I mean, or did you just... It's amazing. Some of the things that people say. But with Walmart, so now you can use some people still have a very hard time sending a Bitcoin. I'm going to say it's great that there's some app or something where you can spend your Bitcoin at Walmart. But it takes some doing. It takes some down-loving. I didn't attempt. I don't spend my Bitcoin. I don't need to do that. We've been through this before. But I'm wondering how easy this is. I would love to be in the dream world where like, why can't Walmart just accept a Bitcoin? But even closer to reality, why can't Walmart just accept stablecoins? It's a dollar. That's what it is. We're going to talk about stablecoins a little bit later. But that isn't even there yet. So here's the question for one of you people out there who don't think the people age after 13 years. For all you wise people out there, is it easier to do this to spend your Bitcoin this way with this app or whatever? Or would it be just easier just to get a real bit refill, get a gift card, and then just use it at Walmart, which is apparently pretty easy to do. So I don't know. How much different is this for like bit refill in terms of ease? I'm really looking forward to the world when and supposedly we have the regulation now. It's supposedly the groundwork has been laid where I can just get my tether and spend my tether at Walmart. Why can't I do that? Well, I mean, well, Elizabeth Warren says no because it's going to make people for or something. Okay, so we're not there. So we've kind of been through this news before. It's one I'm saying a little bit. It's definitely it's an intermediary step. The app probably holds your Bitcoin probably pretend sends it to pretend Walmart. The company pays Walmart a bunch of money at the end of the month or whatever. It's going to kind of settlement plan. But you know, because they don't, you know, we're not talking about how how long it's going to take to send the Bitcoin. No one's mentioning the lightning network here. And Walmart isn't building a big horde of Bitcoin as you would expect them to given what's happened so far. But it's still Bitcoin being accepted at Walmart. Let's go to our next panelist Derek J. Derek J. I disagree strongly with Andrea. I think it's just around the corner in nine months. There will be a release of a new app for Google Glass called Glass Pay, which allows users, among other things, to go shopping in a regular retail store and scan the UPCs of their items with their eyes or their phone and pay with Bitcoin without even waiting in a line. So their advantages are obvious. People prefer to use the self checkout. This removes just one more layer of the payment process. So it's only a matter of time. And I think that time is David Barker. Derek thinks nine months. That was an incredibly quick prediction. He's also incredibly futuristic with the Google Glass. That was wrong. Also, I was very wrong on RFID chips. There was an idea that you could have a magical shopping cart. Everything you put in the cart tells you how much money is on the little thing. I'm sure they tested that and I like, we shouldn't tell people how much money is in the cart. And then the same way, you could just drive the cart across the checkout thing and it would, you know, cash out all your things and check out would be so easy. That didn't happen either. The closest we've got, I've seen a thing at the grocery store. You can walk around with a little scanner and you can scan all the items yourself. And then I don't know, I guess they'll check your cart like they do at Costco. Make sure you didn't sneak any expensive items on there. And we also didn't predict that the grocery stores would become prisons with all of the deodorants and soaps held behind glass containers everywhere. And you got to get a key and the liquor aisle is like a, you know, penopticon and lady watches you the whole time. You just got to get a bottle of whiskey. But that's not that's not in the predictions. Let's go one more back to the retro for Dovey Barker. Let's see what Dovey said. I'm a little of the road here. I think in Dres is to write, I think technologically we're not there. I think Derek is right. I think the innovations are right around the corner. It's just a matter of demand. If it becomes something that there is a strong demand for, someone will design the software and the hardware and it'll happen. And right now there isn't. Right now it seems like Bitcoin mostly lives online and that's okay. And Jay as you seem to disagree with Derek, I was incredibly reasonable take there by Dovey Barker, waiting for the demand, which as we've seen has caused whatever this company is, one pay to quote offer Bitcoin and in the same way everyone in the comments of the chat could say they're offering Solano or Ethereum or go go coin or whatever's on their platform. Who knows anything they want to add that their cousin made. But still it's neat to see and it's a classic Bitcoin group episode. When I googled YouTube Bitcoin group number 001, it came right up and it said that the tagline that I think Google wrote or something it says, it's going to take a long time until you can pay for your groceries at Walmart with Bitcoin. Well that time is up. That time is today. That's mainly what I want to say about this issue. Well I think some of the old video also shows it's like it takes a long time dudes. So many people had predictions like yes, everyone will be spending Bitcoin in 2018 or so. And yeah, supply demand for a product. A lot of people have not wanted to spend their Bitcoin. But people do want to spend their stablecoins. So let's get into that a little bit more developers and regulators. And there's certainly been lots of stories this year about people selling and buying their Bitcoin. And also I was going to say all the predictions were wrong this year. Everybody said 200K end of year 300K end of year. It doesn't matter what's happening. There's a Santa Claus rally. There's a Thanksgiving rally. It's an end of Christmas after Christmas rally. There's a rally rally. Nothing that seemed to happen. The price seemed to ignore all these people. This was not in, you know, Tom, this wasn't in our topic list. But I did want to say there's a lot of people who are like, the cycle is dead. You know what people so far? There is absolutely zero evidence to cycle as dead. In fact, the cycle is 100% alive at this point. For all you people, show it to me people. Where's the where when's it going to get back to 127,000? Show it to me people. Show it to me because it hasn't happened. And that that that'll that means the cycle thing will be different. But we are in 2022, 2020, 2018, again, again. And I see there and I do, I'm the biggest optimist in the world. Please, Hashem, show us how this year is different from all those other years that all of us in the cycle is over. But nothing has been shown to show this at all. Nothing at all. The only thing that people are like the cycle is over is because the peak of the last cycle in late 2025 was as high as they wanted it to be. Because well, we discussed some of the reasons why earlier. But no, so people are very disappointed in 127,000 dollars. Yeah, you should be. But it's still in the long run. It's a luck that I've been buying it $600 a piece. You know what it gets to with 127,000. So but but still no, dude, yeah, we no proof at all that the cycle is that they you're these legendary super cycle as we go. There's this thing. No, it's still the four year cycle is nothing at this point as of, you know, we're January 9, 2026. And yeah, the cycle is alive. I don't know if the cycle's dead or not, but I'm sure tired of good news not helping Bitcoin. We're getting all this positive regulation. All these senators are talking about the presidents talking about it. Micro strategy keeps buying it. It's just good news after good news, after good news. And you look to the market, you think, can we get a little bump here? We get a 5% guild 10%. No, no, 3% up, 3% down. Kill all the longs, kill all the shorts. And it just keeps happening. So I don't know what's going on with the price of Bitcoin, but we keep waiting. Moving on to the next issue, check out worldcrypto network.com. We've got 4,713 videos. You could watch them for three months, 23 days and eight hours straight. Consecretive with no breaks. That would be awesome. Issue three, Venezuela, the $60 billion Bitcoin shadow reserved. Markets are focused on the $17 trillion in oil that Venezuela owns, but what about Venezuela as being the largest Bitcoin holder in the world? Rumors on the internet abound that Venezuela has secretly been accepting, perhaps, tether or other stable coins for its oil than storing the profits in Bitcoin. They may have Bitcoin and tether, etc. worth $60 billion, which would be enough to rebuild the Venezuelan oil dericks. Maybe we could get some oil out of there. Adam Meister, what do you think about this kind of secret story within the Venezuelan larger story, which we don't really want to touch, but we would like to touch the Bitcoin aspect of it. What do you think about Bitcoin conspiracy? It must be true. That must be true. The Venezuelans control the whole world. Okay, dudes, here we go. First of all, God bless all the dudes from Venezuela. I've used the Pier on my show in 2016, 2017, very bravely. I hope they are living it up now, baby, wherever they were. They left Venezuela. There was Gabriel, there was Maximo. They're all sorts of great people from Venezuela. I hope they're close to coming back. But something that used to tell me was how the people would run illegal Bitcoin miners, the government would confiscate them, because of your local corrupt official, would steal some Bitcoin. These communists, they have no, they're just living for the next day. They don't have long-term thinking. They weren't stashed in a way. Tons of Bitcoin. They probably were stealing some Bitcoin here and there from miners confiscating it, spending it on the black market, on women, and all sorts of illegal things going to Dubai. Maybe a couple of them haven't been there. Private bank accounts here and there. Next time we send somebody over there to capture them, 20 of them will go flee to Dubai and live off of their Bitcoin. But I am not counting on some gigantic hidden Bitcoin reserve over there. If they actually was one, if they somehow were organized enough to have a really tremendous government controlled Bitcoin reserve, they probably have it. The private keys just laying around and we could get them anyway. We should regret and we should do that. But no, I don't think it's even close to that. I don't want to grant them any efficiency or usefulness. A bunch of rent, when government runs away like that, it just becomes survival of the fittest. I'm going to take mine, you're going to take yours and you steal what you want to steal, I'll probably steal what I'm going to steal. That's about it. I don't think there's a massive Bitcoin stash. I'm not saying they haven't dealt in Bitcoin and stablecoins to avoid sanctions. They probably have, but again, they've already spoiled all that and spent it on the same things for their own luxuries. Yeah, I think this is really an extension of the countries that sell oil in something other than dollars get overthrown theory, which is a great theory, but I think it's one of the historical theories that you develop after the fact, like Kennedy's secretary was named Lincoln and Lincoln's secretary was named Kennedy. We couldn't predictively tell that that would lead to an assassination, but after the fact, oh, it's so suspicious. So if only the secretary was named Clinton or something else, Kennedy would have lived. I don't think we can do that here. And in the same way, I agree with you, Adam, if they had this kind of Bitcoin, somebody in Maduro's family would have stolen it by now. Somebody in the military will steal it in the near future. The technician whose job it is to recover it will accidentally steal it or when he turns the computer on, there won't be any Bitcoin there. Whoops. The wall is empty. Clackety clickety click. I mean, it's not, I don't think it's a good plan. I think it's a cute story and it's kind of a James Bondy thing. Like we took over Venezuela. We thought we were getting natural resources, but really we got this Bitcoin. But at the same time as you're saying, Adam, if they're secretly selling their oil for Bitcoin, they're incredibly successful at it. If they have $60 billion in Bitcoin, even Bitcoin goes up or whatever they buy at the right time like Bhutan, but still how much oil were they selling underneath our noses that we wouldn't know about? And if we were going to interdict it, why wouldn't we interdict the oil or the Bitcoin or both or the tether or whatever it is? So not a big story, but interesting, interesting Bitcoin and international relations. We're everywhere this week. Moving on to issue four, Jamie Diamond, the CEO of Chase, goes on national TV and says, crypto is better than the current financial system. The experiment phase is over as Bitcoin underscored Teddy writes on Twitter, this is the pivot of the century. And the story come out just a little later, JP Morgan, as run by Diamond tokenizes cash on Ethereum and redraws Wall Street map. Everyone is talking about tokenized stock markets on blockchains running 24 seven with accountability in the public. All the things we've been talking about for decade now, but Jamie Morgan's with us this time, Jamie Diamond is with us. Adam Meister, what do you think about Jamie Diamond changing his mind? His son or daughter, something owned crypto the whole time. He told us that it was rat poison, terrible and all these things and it would go to zero and no technology, not interesting, maybe the blockchain, you know, but not Bitcoin and all of that. And then now here we are stable coins and cash and stocks on a blockchain. So yeah, he said crypto is better than banks. Well, let's just let's simplify it. Yeah, if you're not a start your own stable coin, basically you own your own bank. And that's a lot, it's a lot easier and cheaper to own tether than it is to run a gigantic worldwide bank with all these regulations and offices and physical locations and stuff. I mean, the tether is worth is incredible. And what some of these decentralized finance platforms are worth more than like the 50th largest banking United States. And it's some crazy numbers there. So he just seen the facts. Yeah, crypto is better than banks. It just it is. It's more efficient. He'll be able to he's got a plan to transfer JP Morgan to be a total stable coin or something like that. I don't know that that would save him a lot of money. They'll make him a love one. And if they're and believe you me, they're going to be fully regulated and compliant. So they'll they'll really be able to take this to a to a whole new level for all those people who just and still there's still a huge percentage of Americans who don't want to touch big coin or cryptocurrency because there's no big name affiliated with it. But all of a sudden, if there's a JP Morgan coin, then yeah, he'll probably be able to spend that JP Morgan coin at Walmart really easily. And Americans will like that a lot. America's like, but hey, up until proven differently, the world has chosen tethered by over all of the stable. It's still is a number one stable coin. So all there's other ones out there who have a lot of people in the media, including Jason Calhannis over at all in who just their whole job is like to fund tether. I mean, it's embarrassing with them. Then with that Jason guy says about tether every week. He's repeating things from like a 2019. I thought he'd be ashamed of himself. He has no shame. He has no shame because he's moved from New York to California to Texas. And he doesn't see what the problem is exactly that why people hate him still because he's still talking about, oh, well, maybe we should have some regulation here. And some higher taxes in Texas. I don't know. You know, I would have here. Anyway, I'm going to put the tangent here. But what I am saying is that that, yes, these stable coins are better banks, but we still have a huge vested interest in traditional banking and traditional regulation that all they're going to do is ever is fund tether and yet tether is still the number one stable coin on earth. So it's very interesting what the public has said with their pocketbook in terms of all these high level fodders out there. And yeah, JP, I'm sure what's his face with Virginia market? Well, oh, yeah, you'll find tether of course. Oh, it's outside the United States. Totally unregulated. Even though the tether guy is trying to do all this stuff to ingratiate himself with the United States government. Okay, tangent. I still think tether might be the most dangerous of the stable coins. If they had to pick one that one, if it was that one, it's kind of the finance of stable coins that kind of out there, they have a lot of US treasuries. If they decide tomorrow, they don't like US treasuries, they're going to buy Danish treasuries or something else could rock the market could change the world. Like obviously they won't do that. But that kind of power that they could just put their thumb on whatever their massive investments go to because they did so well. As Josh says all the time, whenever he's here, tether made big bets on Bitcoin at the bottom of Bitcoin, big risky bets that might have included some customer funds. Nobody knows. And they did very well. So if you make big bets and win, no one cares. If you make big bets and lose, that's when they all come for you. And to come for jet back to JP Morgan and Jamie Diamond, what do you do if you put cash and all these things on blockchains and Ethereum and all these decentralized distributed networks and you use Bitcoin and tether and stable coins? What do you guys do again? Like what is your part of this? And again, everyone invited you. That we all wanted these guys to be a part of it. We had them at conventions. They asked them questions over and over again. What do you think of Bitcoin? Have you read any books about it? Have you thought about it yet? Nobody thought about it. Every week they're like fawning it, attacking it, telling us it's rat poison, all this stuff is going after Bitcoin. And one of the things I think Adam said that was really interesting. He says we have a vested interest in these old systems. And I think in a way we do. And maybe as you know Patent said, we should have a little pity on them. Maybe the Bitcoin overlords and the tether overlords of the future should save the legacy banking system in the same way we should save the legacy telephone system. It might be useful in the future. But again, I don't know what these guys do. I don't know why they exist. And especially because they didn't tell you about this 10 years ago. What are you guys? It's not the preservation of the system for say they're going to the new system. It's what's on that system is what they're preserving. And people still want their stocks and dollars, dudes. I don't like stocks at all. I think they're hot. But people are addicted. They need their stock portfolio. This is an easier way to put your own to have it all on the blockchain, whatever he plans to do over there. But the other thing is, is that whether we like it or not, as big winners, the dollar is still the number one is the world reserve currency. And I see no reason why it won't be the world reserve currency for a very, very, very, very people want the dollar. People, and you know, it stays for comfortable enough to say, oh, you know, it kind of sucks because of this, that, no. So what does JP Morgan do? They just preserve the dollar dominance even more. That's part of what they do. And they print their own dollars and stuff. Through lending and all that stuff. So that, that's what they do. But it's going to be a lot easier for the dollar to dominate because of the blockchain. These stablecoins do, these stablecoins are going to destroy, destroy. And I've been saying this for a long time. A lot of third world currencies. If you can get your hands easily on a digital dollar, why, yeah, why are you holding on to the Zimbabwe? Well, there's no Zimbabwe. You know, the Mozambique, whatever it is, or the Nigerian Nauria. Why are you going to hold a Nigerian? And people are like probably like, oh, I'm a white, white, white, white, and Nigeria is going to have more people in the United States by like 2050. So that ain't no joke. It's a third world, you know, disgusting place where they keep on printing the Nigerian Nauria or whatever. That's a disgrace, obviously. But the people, the people are going to, they will flock to, once it's really super easy to get this thing, the US stablecoins, they want to take it one, they're going to Ria, they're not loyal that way. I'm a great, patriotic Nigerian. I'm going to hold on to Ria. No, they're going to have the dollar. You know, but Nauria has gone down the toilet since 2015. I actually, if you go on my channel, you can see, I said, hey, you people in Nigeria is 2015. I was just in South Africa. You're going through this inflation thing. You should buy yourself some Bitcoin. They didn't, but, it is not like a new, new thing, but trust me, there's a lot worse than the Ria out there too. A lot worse than the Nigerian. I mean, the whole, every French former colony, their currencies are like the living, not in the living dead. It's really some horrible stuff in some of these West African countries. So yeah, they'll be put out of their misery. They're going to be saved by the US dollar on tether and all this other stuff. Once it's put into their, their nation, they're easier. It may, it may happen to you. It's strange for all the technology and all the work put into Bitcoin, what people really want are these stable coins. They want these dollar backed coins. As Bitcoiners, we never really saw maybe as cypher punks or libertarians. We didn't see the rise of these things. Like, okay, if you're on an exchange and you want to sell into something that's not dollars, so you don't get a taxable event, maybe you sell into a stable coin. So I thought that was a very small usage area. But as we know, tether has billions and billions of dollars now. So we are hugely wrong on that. What Maister's saying, other countries using tether, people using tether and other stable coins for business is apparently happening all the time. And I assume these companies like tether are getting some kind of a percentage kickback from all of these usage, some kind of transaction fee, and they are raking in the dough. So it's going great for them. It's something we never foresaw. Satoshi never foresaw. I'm not even sure if Bitcoin was meant to have value. If it was just a test net or whatever, but what seems to have succeeded against all Bitcoin or dreams is tether. And these other stable coins, and now we're seeing legislation being made, which as we all know, we'll create a protected environment where companies like tether will continue to thrive as coinbase would having that advantage on all of its prospective opponents that entrenched advantage. Hey, but make it easier for that for digital anything that if you use the United States. It's just it's it's good for Bitcoin. It's good for Bitcoin. If it's easier to use tether in the United States, it is. It's one step closer. So I'm not one of those guys who's like religious a Bitcoin inquisitionist that think like it just unackly says tether is an s coin tether is a different. No, come on. It helps people all around. So there's there's my take on remember in the long the long run of Bitcoin history, there's all this time where people ignore Bitcoin and they say no to it and they reject it. And we just go through another one of those periods where people are like, Oh, stable coins are so great. Like they thought ICOs are so great or they thought alt coins were so great or they thought this was the next Bitcoin or that is the next Bitcoin. And in the same way that I've talked before about this being a golden age where you can just sell your Bitcoins for dollars at this exchange and they just show up in your account. Nothing happens. There's a future perhaps where Bitcoin is again the underground currency, the pirate currency, the hacker currency. Everyone uses tether except when you really need to buy something you really want, then you use Bitcoin. And again, it just limps along in this background. Another network, another year of perfect service, still being mine, still being updated, still being a part of things, but maybe it's not the Walmart of currencies. Maybe it's the, I don't know, some kind of small store, like GameStop or something. Well, I don't think I'll ever go back to what you just said, namely because of the Michael sailors of the world who have bought tremendous amounts and they made up this. What's the asset called? A digital asset? I mean, it's completely insane. You just buy a bunch of Bitcoin and this is your company, which is great. I mean, it doesn't make that much financial sense, but we don't need to get into that, but it's not going to go from that to like the backwoods again. It does seem eventually that they'll have to look at it and say, oh, we let a Trojan horse into our walls. We should take this Trojan horse back outside. No, there's, but there's no, we know they're making lots of money and they have the paper bit coin and whatever else they're running that we don't know about. But in the long term, I think we'll go back underground again. Well, you would, you would need a, uh, to tell the Italian dictatorship from the entire world. So we'd have a lot, uh, lot more than worry about it. But hey, okay, we've gone off and tangent. Let's move next subject. We're not here all day. Let's do this thing. Let's do this thing. Working on that. But the exit question, this just in Bank of America officially begins recommending that their clients invest up to 4% of their portfolio and Bitcoin and crypto. Adam, I stir what do you think? I mean, I think 4% is probably too low, but this is an awesome recommendation from a major bank. This is something if you went in and had a financial advisor, they'd say, hey, put some in stock, some in mutual funds, some in this Bitcoin and crypto thing. You never know what could happen. I mean, it's good news. Boomer's with a richest demographic on earth right now. And they only do what their financial advisors tell them to. So that's why this is big news because they just, they don't think for themselves anymore. They just do what someone else tells them to do. So now that that's kosher, they will, their financial advisors will feel there is 75 year old financial advisors will tell them to do that and maybe it'll have maybe more Bitcoin will actually be purchased. But so that's the news as I see it. Not that you know what percent is just that there's a certain very wealthy and hey, if they don't do it, sadly, sadly, eventually they die. And then their the zoomer grandkids or whatever will just blow it on a lot of things like Bitcoin and not blow them, but just spend it all. It's trillions of that. It's unbelievable. They amount of money. Well, the boomers control. And baby, I'm telling you know the zoomers, they're not going to be as strong handed with the with the wealth when it comes there. It has been quite a thing though. As we've always said that, you know, we're telling you about Bitcoin when no one else is, this is your chance to buy it when it's a weird, you know, thing in the woods that no one knows about. Now the banks are actively supporting it. So maybe not that much up in the future if everyone's buying it. But then again, it is just more buying pressure, more people buying Bitcoin. Next up, we've got some quick stories. We're just going to go through these pretty fast end of show quick stories. A Bitcoin mining water heater is actually real and you can buy it announced at CES and trumpeted all over the world in every Twitter account and every news story. The Bitcoin mining water heater. Everyone has just discovered the Bitcoin makes heat and you can use it for a stuff. This company has a water heater that doubles as a Bitcoin miner. As they say, it might even pay you to heat water, ending the horrible amount of money that you've been wasting, heating water. Adam Leister, what do you think about the Bitcoin powered water heater? Keep in mind, the entire internet is going nuts about this story. Everything on Twitter is Bitcoin powered water mining heater. They can't believe it. That's to say nothing of the possibility we haven't even talked about. There's a lottery ticket possibility. I don't know how they do it. But maybe if your water power water miner heater, water heating miner, if it catches the right lottery ticket, maybe you get the full reward or you get a bonus or something. Who knows? Oh my God. Well, practical use of Bitcoin right there. Hit your house with Bitcoin. I think that's really cool. It's something that normies can understand. Maybe I do want to mine this or if it cuts down on my heating bills, maybe I will be interested in this. So I like the practical use case. I think it is very good. And I wish there were more products like this, just like something that an army could explain like, yeah, my house being heated by Bitcoin. Great. That would be awesome. Yeah, it does sound cool. It makes more sense than a Bellagy did back the day with 21.co. Oh, Bellagy. Oh, my God. mining toaster. This toaster will mine Bitcoin or this light bulb will mine Bitcoin or Bellagy will just run or you'll run away to Singapore and say how horrible in the United States is and write a book called the network stator. I mean, this is what he does. This is a and scare people about a virus and then make a lot of money off of it. I mean, it's unbelievable. What this guy does. This is a bit everybody forgets. But the real issue out of me is he's not dealing with the heat and Bitcoin. Why didn't his company just go after this water heater or a home heater or something that just makes sense. We say, well, these chips make energy anyway, even if they become obsolete, which we know that's an issue here, you're probably going to mine Bitcoin for like the first six months of the water heater, maybe then the chips are too slow. I don't know. That's certainly an issue. But if the device is designed to make heat anyway and not just heat occasionally like once a day, like a toaster, that would be the world's hottest Bitcoin mining toaster or have putting in your Wi-Fi router and have your Wi-Fi router overheat. No one wants any of these things. But if you have a device where heat is good and you're using the heat and you're making steam or you're making hot water, you're making heat for the house, the 21.co money, which again, just completely evaporated and it's completely gone if you just focus on the startup money. They raised tens of millions, I imagine. I think they sold most of their assets or their cool stuff to strike. Strike some kind of web page from them recently, I forget. I've got to say with Belagie, I think he's just likes to hear himself talk. He loves his five hour apocastin and such like that. I mean, the amount of times I've heard some smart people be like, oh yeah, okay enough. I mean, it's unbelievable with that. Big, big talker. Big, big talker. I know he's doing his network state and complaining about the United States, but the American Empire reform fall. Some of these big coins American Empire is self hatred is unbelievable. And by the way, I like seeing them. Got no props. You know, but whatever. Okay, sorry, we've got off on the tangent. Next story. I think they also invested heavily in one of those little countries down in Latin America that was going to have no rules and that didn't work out either. Next quick story. Bitcoin is now 56.7% green. Here's how it could get even cleaner. Bitcoin mining is accelerated renewable energy development and deployment, replacing fossil fuel heating, expanding energy access and cutting methane emissions at scale. We told you so. We told you so. We told you so a hundred times. Bitcoin's actually good for the environment. As we've been saying for years, it allows us to access like that flaring gas, the extra burn off gas. It allows us to access hydroelectric power where we run out of batteries. And then we could run Bitcoin miners. There's all kinds of ways in which Bitcoin finds the cheapest energy available and then uses that, which is good for the environment. We've been saying it for years, but again, they have to admit it now. They have to turn around the whole boat, the whole engine. Bitcoin, not only not bad for the environment, actually good. Adam, what do you think of that? Well, no people lie in saying it's bad because that's what they do. A lot of these politicians trust me. They'll intertwine it with the AI at energy data centers. And they'll be like, yeah, Bitcoin's part of this too. It's killing me a bunch. No, it is it is a great way to use excess energy on Bitcoin. The flaring that's been going on. We've been bringing stories about that in Alberta since 2017. Most people just do not take the time to think and they're just like, Bitcoin dirty, bad. And so I expect the lies to continue even when the truth itself. It is interesting. An entire industry lie about our next quick story. The entire ZCash core dev team has resigned. ZC is in a free fall now. We do have additional information on this story. Some people are saying that the dev team has resigned from the electric coin company that runs ZCash because they don't know how to spend or they're unhappy with how they're spending their alleged 35 million dollars of cash. And that this dev team is starting a new company and that they're just going to keep developing on ZCash. So this might actually be a buying opportunity. But let's just talk about it generally. Adam, Adam, myster, what do you think the ZCash core dev team has resigned? Is this a problem that could come to Bitcoin? Is this something we need to watch out for in the future? Well, one of my bigger questions is like, why does ZCash come back from the dead this last year? That was a weird development, wasn't it? But rather than that because it was pretty hot in like 2017 or something like that. It was hot for a while when it came out. But recently there's been an interest in privacy coins, Monero. Yeah, yeah. So they said that. ZCash kind of sounds more reasonable than Monero. So yeah, that's that's a little bit. These get it coins. They come. I've seen them come and go all coin flavors of the month. But yeah, it's been all coin flavors of the month in two different decades. No, I'm not too worried about that for Bitcoin. This is a totally centralized coin and everything. Bitcoin has developers and people doing different things all over the world. And to tell you the truth, there's been a lot of drama in there. They're Bitcoin world of developing and stuff. And most of the people who hold Bitcoin don't give a rags talk less about it. So like, no, I'm not too worried. Something like this happened to Bitcoin. It affecting Bitcoin in any way. Bitcoin is pretty straightforward what it is and doesn't need that many changes or any changes. So yeah, I mean, when you got something like ZCash, you always got to come up with the ZCash 2.0 or 3.0 type of thing. Bitcoin doesn't have that worry and Bitcoin does not have a centralized authority like the ZCash people did right there. They'd all quit and get fired or whatever. It is a specific weakness of ZCash and other centralized coins that they'd have this centralized dev team that could get fired or because they tried to get they tried to get but you know, fancy. We're going to have a company called the electric development. I mean, this is Ethereum has the same thing. We've got a foundation. We got a big part of this is that they had the block reward. So part of every block and I don't know the details not involved. I assume goes to the electric coin company. Then they pay the devs or they hire advertising or go on vacation or whatever they're going to do with the money which has has been hailed as a big idea. A lot of people like the founders reward. Other people, my friend, Crate and famously edited it out. Made another ZCash, what's it called? Some other thing. And Bitcoin private. Bitcoin be private. ZCash classic or something. What a time to be alive. All of those things. And again, what was so funny about that is when they took the dev reward away, they found it was hard to get people to develop on the new chain. And so that I think they were going to fork it, re-institute a dev reward and call it Zen or whatever, some other new coin. But it's still happening. It's still going either way. I mean, it sounds like I think ZCash is going to be okay. People are freaking out about the downturn but it seems like the devs are going to go work for another company. And the company itself still has allegedly $35 million to develop whatever this project is. So it's still going to go good. The real tragedy out there is I saw my friend Ryan Taylor who's been making a lot of stuff with the ZK AV Club. And they just record videos and they educate people about ZCoin and other cryptos and things like that. They just got a huge grant. And I'm kind of guessing that it's denominated in ZCash. And the dang ZCash just went down. So I'm afraid that the value of their huge grant went down. But I still hope the best for them. I'm psyched. They got a huge grant, which again is another thing. You know, Bitcoin doesn't have. We don't have any grant systems. We never got a grant for this show or any of the shows we've done. So that is a thing. Maybe it's good, maybe it's bad. I don't doubt it. Wow. Don't value your wealth in ZCash people. There's a lesson right there. Now you're well in Bitcoin. How about that? It is a big thing though. You get a grant. And I think it was a it was like a $250 quarter of a million dollar grant at the time that it was received. But then obviously we've seen ZCash decline. So maybe 200, maybe 180. I don't know. But still awesome. And shows how sometimes these decentralized things can work out. Although at other times, I've heard that other people won the ZCash grants and they had really great proposals. And then they did absolutely nothing. So they just took the money. And it's really hard to say if you could even have any accountability on that. They're kind of working for you. It's kind of a grant that kind of not working for you. They're reputations on the line. But people will sell their reputations. We've seen that. We've got some more quick stories here. Just really quickly. Why omings? Frontier stable coin debuts. Will it offer yield? The Wyoming Frontier stable token is now available to the public four months after it's official launch. And I was just skimming the article here trying to figure it out. Trying to say, what the heck is this for? Who is going to use this? Why? Not yet. It's not for anything yet. It's like interbank transactions. It's like make it for people. Let there be a let the state of it. It's a simple. That's a good. I was like, can you pay for parking tickets? Can you pay for your taxes? Can you pay for your no. No lords? Is any any way for the the people to be involved in this Wyoming coin? Which is, and this is she this little itty bitty state. No one lives there got the people involved. She wants that. Katelyn once that, it's just it's that simple. Let that, there be a state bank or whatever. and let them issue a bunch of a Wyoming coin. That's it. And it's backed. But and you believe your state bank of Wyoming or whatever that there's a bunch of dollars or what it would treasuries sitting in the bank. And then it starts to circulate. You pay your taxes and it's awesome. And it's no. It isn't that at all yet. It should be even even that makes no sense. Like it's Wyoming going to go against the federal government is how they can just tell people patriotically like feel good when you spend Wyoming killing and you create a circular environment of the Wyoming and then it never leaves us. And then we as a Wyoming government gets rich and then they build you I don't know a space center or a big telescope or something. I don't know what you want in Wyoming. It would leave Wyoming though. That's big. It would be great. It would start traveling and then all other states would do the same type of thing because there is a as Heather and all these things with guys approved when you own your own stablecoin. There is profit in there. There's like automatic amazing profit. So yeah, I wish Wyoming would be allowed to do their experiment fully. This is nowhere close to to full. This is nowhere close to like one percent. I don't know. So it's just another news story. Another why I'm letter. I give her all the credit in the world. I can't live long. Just keep on trying. Keep on pushing it. That would be fantastic. Adam, if we had 50 states with 50 coins and they were all competing against each other and part of it would be an economic argument. Another argument would be the cool factor. The cachet. Oh, I only spend California coin or oh, I use New York coin because that's the cool one or whatever. I don't think Wyoming coin would be the winner in this battle. But what if they could be the first? I mean, it would be great. And like you say, they they have to do it. It's like a local currency like the I don't know the Brixton pound or whatever we say have pride in your local community. Spend Wyoming coin like make a choice. Jump through all these hoops. Use a really weird wallet. Take a bunch of risk with your money. Take a bunch of risk because your value. Do all this stuff for patriotic state related reasons of a local state. It's still it's a very tough sell. But it's kind of I mean, again, if they put up signs in the grocery stores and use the short team Wyoming coin. I mean, I don't know what it's I don't know what they're making an easy sale. It was easy to use. That's it. It would be great. But okay. It was if it was a digital dollar and you could send it from person to person. Yes. Paying your wallet. That's supposed to be. That's supposed to be. You'd walk around and be like, Hey, hi, Wyominger and you know, send him a dollar and hey, I want to buy a coffee with Wyoming coin. Beep, beep, and you know, just did it. I don't know. It could be cool. But I don't think that's what that is. So we'll wait. We'll wait till the next Wyoming coin. The next short issue. Trump is parting CZ. Then Binance is moving to the UAE according to sitebringer at the profit underscore the underscore profit underscore underscore. Not a great name is not coincidence. It's coordinated power migration jurisdictional realignment and that the US legal system manufactured pressure on CZ CZ gave up and then relocated from the US to UAE. And I just thought it was interesting. We talk about CZ and Binance all the time how they moved out of Malta when Malta started to ask for tax money. They moved out of some other country when they asked for tax money. Then they said, we don't exist in any country at all. And now I guess they're moving to the UAE. So just as brief update on this continued band of a alleged would be pirates Adam, what did you think they're moving to UAE Binance keeps moving around. It's like a like a sci-fi. It's two different things. It's you to keep moving around. Yeah. And he brides his way out of getting prosecuted in the United States. It's two different things. What? Who cares? I know I'm care. It's what why care? I mean, the thing that care about it we shouldn't be accepting bribes in the United States. That's not too full. But moving to UAE. Great. Yeah, whatever. It's not part of some grand conspiracy, dude. I hate these green and conspiracy non-stance. That's why I just assume the greater conspiracy would be for him to stay in the United States because he's paid his penalty there. He has presumed legal safety there. You can go. That that would be the control in the UAE. That would be the conspiracy. That would be yet like he brides his way out of prosecution. And now I guess I opened his business that no one else would let him open anywhere else in the United States, which he's just bribed. So like going to the UAE is not part of that at all. So that's it. You're absolutely right there. Absolutely. There is a possibility that there's a you know a counter in the president you walk up to the counter and say, Hey, I've got five million and I want a pardon. And they don't necessarily care about your background. They want five million. They're selling the pardon. They're not like lifelong business partners with CZ. They're not you know buddies forever. They had a deal. It was a good deal. I think both sides benefited from buying a pardon allegedly of course. Moving on to the next quick issue. Did the DOJ prosecutors violate Trump's executive order by selling the four fitted samurai wallet Bitcoin? And I got to go against Bitcoin magazine here in quite a lot way. I don't think they've violated it at all. I think it's an existing law that criminal property from a criminal case putting aside the samurai wallet issue so on and so forth. If we just say that it's criminal property like a boat or a painting or a Rolex watch or whatever it is, the standard practices for the Justice Department to sell it to get it into dollars, which again, the United States government owns. It's good for them. And I don't think this was any different. I do. I'm aware of the executive order so on and so forth. I don't think it supersedes victims' restitution paying for the police officers, everything else that's done with this money. I think it's going to keep happening. I think if they want to build a strategic Bitcoin reserve, they need to stack up the balls, pass some legislation and put actual money into it. Like if you want to say buy $500 million or whatever your number is of Bitcoin, great. That's a strategic Bitcoin reserve. If you say we're going to take all of the change from community chest and chance and all of the late fees from Blockbuster and we're going to put that into Bitcoin or whatever, that's not a Bitcoin reserve. That's these little scraps. And I don't think that they can get into the Justice Department to get this criminal property. Adam Meister, what do you think? Bitcoin magazine, Little Right Wing on this one, I think. Yeah, they seem to be just doing what they usually do with the money that they confiscate, right? I mean, that's what you, that's, I'm not too worried about this. I don't care. Yeah. Yeah, I think it's standard stuff. And again, if they want to make a Bitcoin reserve, pass the actual legislation, spend some real money and then we'll start the horrible counter of how much money they made with the reserve or how much money they lost with the reserve depending on if they buy at a good time or not and then how long they're willing to wait if we wait five years. It seems all right. Next question issue and there's not much to this. Trump crypto venture world liberty applies for bank charter. And just interesting seeing more crypto firms becoming banks. This one's no different. I will allow them to expand their stable coin operations. As Adam said, it's all about stable coins. This is also coming up in the United States Senate where they'll be voting on crypto market structure on January 15th. We have the supreme court tariff decision coming up and we have the crypto market structure. crypto market structure is expected to pass and would likely protect tether and other stable coins as we've seen in the past. Adam Maister, what do you think about the US bank charter perhaps for world liberty financial and then the all important crypto structure legislation? The world liberty financial thing has been so shady since the beginning. My special advisor son, I'm going to give him lots of privileges. He can open a stable coin but nobody else can open a stable coin. I mean, it really looks horrible. It really they have no world liberty financial is just a bunch of young guys that pulled some crypto ideas out of their offices. You and I have encountered such men a million times over. I'm going to last since 2013. So why then? Why do they get to have their own bank or their even to have a special to we shouldn't have all these darn regulations and rules. Anybody should be able to create their own stable coin. Anybody should be able to create their own bank is what I say. And so these limitations, these regulations just are all about the ring of power and the current administration has no shame in using the ring of power for their their friends and relatives out in the open. I mean, it's just like these guys have no special qualifications to to have world liberty financial is just a joke again. We've seen dudes like this come up with these ideas for years and years on the internet. They were they would have been in ICOs if they were old enough in 2017. These were the same type of and short. God bless them. Let them do that. They let them have that experience back in 2017 or whatever. But don't like get them all back and cause of their it's it's just crazy. It's just absolutely insane and that any any time I hear that world the word world the term world liberty financial I totally cringe. I mean, I just think like how can anyone even with a straight face try to pretend this is a legitimate organization? It's been a it's been a beautiful beautiful crime spree. But I feel the same for the stable coin legislation and the supposed market clarity. It seems like it's mainly going to protect current market participants and make it hard for people to join the market. The same thing we've seen with all of the past legislations where it's going to put up barriers make it harder to get in harder to start a business harder to run a business so on and so forth. I'm interested though in the timing the way that the Supreme Court thing and the crypto bill are starting to link up. I don't think that's going to be good for us. But it does look like we're going to have some really large events because although we've said the news hasn't affected things if we did have some form of regulatory clarity for Bitcoin. There is an idea that that would make the price finally go up at the same time as Adam. I said this tariff issue for it's I don't know it's pretty on popular issue so on so forth. But a lot of money has been collected. Costco has already sued the administration to get their money back if these tariffs are overturned by the court. Costco will want the money back as we said the administration has some kind of alternative plan where they're going to run the tariffs through anyway. I don't know if the Supreme Court is going to overturn that alternative plan as well. They have acted quickly when they feel like it so if they put the tariffs illegal they feel they got slapped in the face making the tariffs legal again the Supreme Court could very much act the next day make the tariffs illegal a second time. We have no information on this or no court cases or whatever but just things that they could do. So that might neuter the effect of this crypto legislation which has been a long time coming everyone wants this even though we don't know if it's going to be good or bad for Bitcoin does seem like it might help coin base and some of the current entrenched players like world liberty financial of course. Adam Meister any more on this issue or on the party helps though. I don't like regulation and everything like that. I know it helps the entrenched veterans or the people who vote but let's just have some clarity on stable points so people actually just start spending them for real because people really aren't spending on that much and it'll be good for the economy itself. But some sort of regulatory clarity would be nice right now. We're running out of times we're going to go to prediction or story of the week Adam Meister are you ready with a prediction or a story of the week? Sure I mean I guess my prediction is this is where it's going to be the cycle continues and I think that's that's the story of the week too is like I the peak on Twitter on social media they keep on coming up with more complicated and complicated theoretical explanations of why it's different this time yet it's the same this time and I eagerly await some real life observations and experience that show me it is different this but other than that it's it's the same this. Not much going on this week story of the week just tell you when to check out how to live safely in a science fictional universe I finished up the book recently it was pretty great pretty fun a lot of time travel a lot of fun sci-fi stuff so if you're looking at something to read check out how to live safely in a science fictional universe I agree with Adam we have a lot happening in the news this week with the tariffs and the stable coins and all this don't know how it's going to go for Bitcoin but it is fun to be in the news all the time micro strategy being talked out almost every day this and that the msci we didn't talk about very much but they did withdraw their idea to a D list all of the Bitcoin holding Bitcoin treasury type companies from their exchange they did sneak something in though where if a micro strategy issues more shares to buy Bitcoin with the index will not count those shares previously the index had been counting those shares and when they rebalanced their index they were automatically buying micro strategies shares creating a automatic demand for sailors stock offerings it seems like this is going away so there'll be less demand for sailor less demand for other Bitcoin treasury companies because of what msci did but still the the boogie man goes away micro strategies not going to be d listed all the people that freaked out allegedly the october 10th crash was all about insiders knowing about this msci decision others of us learning later so that's gone president won't stop talking about Bitcoin seems like there's good news out there but I'll have to see how it goes thanks to Adam myster for joining us on the show could to see again Adam I say yeah anymore updates about what you're doing or what you've been up to anything you're going to do on the channel or anything you want to leave the view I did I did I did two shows in December that was fun I want to say pound that like button shabat shalom I always end my Fridays saying stuff like that but no I've been doing a lot of things outside of Bitcoin and I love Salt Lake City and just part of being a successful Bitcoin or I guess is like getting to a point in your life where hardly anything is Bitcoin it's just like you're doing what you want to do I'm going Hawaii I'm to Clawie that island oh no in week I guess on the 14th I'll be there for like eight days some looking forward to that I'm looking forward that sounds great good to hear Adam and good to hear you doing other things and getting out there and have a fun Hawaii is going to be great that's a great vacation but thanks to everybody for joining us be sure to push thumbs up down below and subscribe and until next time bye bye we got to leave extra time on it so it leaves the buy buy and last time cut off the buy buy