Transcript
the way from the from the dark side of the street to the bright side of the road.
That's Van Morrison and Guy who healed from my part of the world. He's got a lot of
uplifting music and my advice would be on a day like today when people seem as though they're
losing their minds. But on some music, spend some time with family. Life's too beautiful for a lot
of this negativity. I'm in this thing for the longer term and a longer term we all know where
it's going, right? I think half the time that we talk about where is the next bit coming from
and where's the liquidity pools and downward pressure. I think a lot of the time we do that we're
just bored. We're just bored because Bitcoin is a slow burn, but I'll tell you it's like a shoulder
of pork. It takes a long time and the smell of it drives you crazy when it's cooking, but it's worth
the wait. That's kind of how I look at Bitcoin. Yeah, I don't see any reason for any negativity here.
And as I said on British space, the reason just in case anyone's in any doubt, the reason that I
started hosting spaces, look, I have 100 better things I could be doing than hosting spaces. I don't
get paid for it. In fact, that take a lot of flak for it. Anyone who hosts spaces knows that your
DM's light up, you get people saying, why don't you let that idiot speak? Why don't you not let this
guy speak? Why did you boot that guy? Why don't you not bring this guy in? But the reason I do is
I'm around here three years and my head's never been below water in those three years. Can you
believe that? I've never been underwater. Think of any catastrophes we've had in three years. As
Gary Cirdon said in the last piece, performance hasn't been great. For the past, the window he
gave us five years. Well, I've been here three and I've never been underwater once from my cost
basis. So look, that's not bad, right? When one of those years was a full year of a bear market,
that's pretty good, right? And that should encourage people. And the reason that I started doing
spaces was you get a lot of high-powered egos, Wall Street guys, guys that knew the markets,
a lot of the technology guys who get very, very technical, a bit Bitcoin. And I like to speak
to the plabs. I like to speak to everyone but I like to encourage the plabs because we need
encouragement. We all need encouragement. And look, the truth says, it doesn't matter who we are
in our investment journey, whether it's a Bitcoin or anything else. There's going to be days,
you know, my wife came home a bit and I already go, I guess you look at her,
I array today. The I array that I over the past while have put into strife and strategy and I guess
it's a red day. I got the look and we all get the look, right? And we all have days where we look at
prices and we go, oh man, we got bills to pay and we're trying to figure shit out.
We all need a little pep talk, right? The last thing we need on days like that is somebody saying,
did you see the tenure? Did you see, did you see where the tenure could go? So look, now you're
more than ever on days like today. We need positive positivity. We need a reminder. So here's
a few reminders. There has never been an asset like this before. There never will be an asset like
this again. This thing is unique. One day when you're down in the dumps and the prices and moving in
the direction you like or if we've been crabbing along, we need to remind ourselves that we hold something
that's in not just short supply, it's an absolute scarcity. There hasn't been anything like this.
Like someone said to me, people are scarce. Every person, they're one of a kind.
Well, I remember the story of Dolly the sheep that they cloned. I think the technology is
out there to cloned people too. You could make an argument that people pass through this life.
Bitcoin is the scaricest thing we've ever had in this planet. I really believe that.
Superior to gold. We don't know what the total supply of gold is. How can we determine the market?
If gold goes to $10,000, man, you're going to see drills coming out. All those deposits that
were too expensive to get to. Well, suddenly at $10,000 and ounce, the drilling is justified. The cost
of the drilling is justified. So the supply comes up to meet the demand. Bitcoin's different.
Supplies constantly going down as demand goes up. That's the first thing I try to remind myself on
the red days or the days when sentiment seems to be on the floor. The day was definitely one of those.
There isn't a day. I'll tell you what I do every night.
Our kids almost three. He's the reason I get into Bitcoin.
I had a panic when he was born. I was almost 51 years of age. I had my own future sort of
taken care of. But the thought of bringing a kid into the world at 51. Man, that scared the
living day late. So to me, and that's what brought me to Bitcoin. So every night I come to bed.
There's a little crebber's right beside our bed. I look at him sleeping and I think to myself
I've taken care of you. I've taken care of you in the future because of the amount of Bitcoin
that I put into the self-costody. He's taken care of. And any parent that's listening to this,
man, that's a good feeling, right? So I've never had that before. I don't think you can get that
from any stock. I don't think you can get that from real estate. With real estate, you don't know what
new mayor of your time is going to do. There could be a chemical factory opens up across the street.
They could raise the taxes. You could have to replace the roof twice in twice in five years.
There's risks, right? Bitcoin, man, it just sits there. It just sits there,
mathematically assured. So I look at, I look in on him every night. And I think to myself, he's
going to be three soon. And I start doing the math. And I think, man, when you're 25,
that's 22 years from now. Can you imagine the appreciation on that bit of Bitcoin that I've
put aside from him? So that makes me feel good. And I think we need to do that on days like today.
But a little man has to take care of himself. I've got a few years left to live. So that's why I look
around. And that's why I, you know, study things. I'm a tech guy. I like kind of, I used to like
emerging tech stocks. But I'm asked around with different things on the side to try and hustle
for myself as well. And earlier this year, because the sentiment went so bad on strategy,
I decided to have a closer look because I've heard people talking about these prefs. And it
didn't really understand them because I'm not a market guy. And I sat down and I did my homework
and I made an allocation. And then Strive had been on my peripheral vision, I would say, from last
year. And instead of just sitting in and spaces and hearing people criticizing these things at a
set it to sit down before I made a decision, decided to sit down and do my own homework and
have made an allocation there too. So I'm not here to brag, but I get in to Strive at $9.50.
So I've done a three X in six months. So and that's built on Bitcoin, by the way. It's not like
I'm going out and playing the shit market field. It is Bitcoin adoption as a strategy. So
look, I don't see a problem. Anyone trying to get back any which way they can, as long as the
Bitcoin and Bitcoin adjacent, I don't see a problem with it. And I see a lot of this argument
fighting and negativity and criticism. And it's all bizarre. It's all bizarre to me.
If you believe in Bitcoin, you believe in what strategy and Strive are doing. So I'm now in all three.
And that's a good thing. That's a good thing. I want to get my, as British would say, who's going to
pump my bags? Well, the Bitcoin's stored away, right? But I need bags. I didn't even have a bag
up until this spring. Now you have two bags. No one to pump. And hopefully strategy and
Strive are going to do that for me. So that's where I am. That's who I am. I believe are on the
cost of something really, really good. I think Bitcoin is going to surprise people. I really do.
And I think strategy and Strive are going to surprise people too. I think Bitcoin, I think we can
easily get to $100,000 by Thanksgiving. And then once we've gotten over that hurdle, don't
really like that we can see an all-time high before the end of the year. I've been saying that all
year, by the way. Don't underestimate this thing how quickly it can move. I remember when we were
sitting at 62 back in the start of August, I was in Ireland and I was trying to put out videos and
content and everybody was like, oh, but did you see the shorts? And did you see this is happening?
And that's happening. Well, you know what happened? We pumped and nobody saw that pump comment.
And it's going to pump again. Like all you have to do is wait. So we've been through a year of
this negativity and this either in freefall or crabbing around or having our ambitions,
having our wings clipped. And I have the feeling that that's no time to fly. So sit tight, sit tight
guys. But it's also worth mentioning, even on the way up, and we all remember some of the recent
pumps. I remember the pump in the fall of 2024 when Trump got elected. That there was almost
hysteria at that time. You know, the Bitcoin president won the election. Holy shit, we were all,
we were all going crazy, right? We got the 100,000. And I remember that. And look, things can change
very, very, very quickly with this asset. So hang on tight, take a deep breath, do like I did in
British space about 45 minutes ago. Let off some steam once in a while and then get back to the
positivity. So that's my message. That's kind of the message I wanted to deliver. I wanted to
encourage some positivity. So if anyone wants to come up and speak and talk positively about this
thing, you're more than welcome. Now the reason I'm here is for my kid. I'm not going to tell you
my wife's age, but she wasn't too far behind me. I was 51 when he came in with the word. So if you
do the math on that, by the time he's 30, we're in our early 80s. And just think about that. So if he
goes through college to the masters, maybe starts a job where he's on the bottom, wrong with the
ladder for a couple of years, like 30. You're not really very well established at 30. And we could
be gone. And he has no siblings. He has no cousins in the US. He's no uncle and aunts in the US.
He's on his own. So that's the pressure I was under. But that's the solution that Bitcoin has given me
now. So that's that's my positive story. That's my dream and my hope. So if you want to share years,
get up here. I want to keep it positive. I don't want any negativity. But make up sellers not
spend in a vase or anything like that. If you want to bring your positive stories, bring your dreams.
It's okay to say, hey, if Bitcoin goes to $500,000, here's what I plan to do. Or if MSTR goes to $1,000,
here's what I plan to do. It's okay to talk like that. I think that's okay. You have to dream.
You have to encourage each other. You have to think about those dreams. Because if we don't
remind ourselves of those dreams, then guys, what the hell are we doing? You know, giving ourselves stress.
So we have to be positive. I got a couple of requests here. I'm going to get to them.
I got some plastic and I got Rex. Let me see if we can bring you guys up. And I got four dots.
I'm not sure if those are your chosen pronouns. The four dots are, is it four dots or dot, dot, dot,
anyway, we got your guys. Have you got any thoughts, any positivity to add to this piece?
You're not saying. Go ahead. Oh, thanks. Yeah, Sam, I was just going to say, yeah,
I appreciate you starting this space up. You know, after HODL had to, had a scurry out of the room,
or the building, you know, he's getting so famous now, you know, he's on all these podcasts or
everything. But going back to your question, appreciate the positivity. There's, you know,
enough negativity in everything in the world. And you know, you don't want to punch yourself up
or people around you just, you know, on hype, you know, some foundation that you're behind it.
But regarding Bitcoin and this technology,
Waffenhub have been retired, you know, for a while. And I got into, you know, Bitcoin, crypto,
probably the first quarter of 2017. And