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Yo. Welcome back to another episode of the Jack Mallers Show. I'm your host, Jack, and you are listening to another edition of Mail Bag Monday. Ladies and gentlemen, episode 112. Every Monday, 6pm Eastern, I go live. We do all signal, no noise, no ads, straight cut through all the. All the nonsense. And we try and figure out what's going on in the world specifically around financial markets and macroeconomics. Okay. Ooh, I need to timestamp this episode before we get started. It is April 6th, it's 5:02pm here in Chicago and I'm talking to you all at a bitcoin price of $69,420. Just kidding. At $69,440. Get your head out of the gutter. Close. Though. That puts bitcoin's market cap at $1.39 trillion. As an asset, our all time high remains at $126,160. We're now 45% down from that all time high we made on October 6, 2025, 182 days ago. And the last bitcoin block mind since I hit record Bitcoin block. 943, 963. Okay, ladies and gentlemen, bit of a flu game. Hear that? Got some sniffles. But you know what they say? They say this. I didn't say this. They say he's a man of the people. They say. They say that guy, man of the people, stops at nothing. Common man for the common man, by the common man, for the common man. That's what this show's about. So we power through it. This is my flu game, okay? For the kids at home. Go on YouTube.com the real goat of basketball. None of this LeBron James. Get that out of my face. Michael Jordan Flu game. Episode 112 Mailbag Monday 112 A banger. We've got a lot prepared. We're flu game, so not a professional podcaster. Bear with me. If I'm coughing, sniffle, I'll mute it. Not going to put that in your ear. You got one. Sniffle. That's enough. I'll mute it. But just bear with me here on this episode. We're going to power through it. There's way too much going on in the world for us to take a back seat and take a week off. No, weeks off. That's not. Our kids don't need that. Okay? All the people being born into the world, into debt, can't afford a home, cancer rate spiking. They don't need me to take days Off. No days off. Okay, so the title of this episode, we were right now what? April 6, 2026. Okay, what were we right about? We were right about the straight. Okay. We've been saying for five weeks on this episode. Let me tell you guys something. They say Jack is a bitcoiner. He doesn't know anything about geopolitics. He doesn't know anything about politics. He doesn't know anything about macroeconomics. Hey, guess what? You're right. But here's the problem. I've been right about all of it. We at the Jack Maller show, all of you guys, the loyalists sitting in the live chat, commenting on YouTube, what have we been saying for the last month? The straight's not going to open. I don't know why the US Is in this conflict. And. And I'm not a politician. I have no idea why we're in this conflict. Maybe there's some 4D chess going on that I don't understand. But I tell you what, right now we're right. Because we've been saying for over a month, this don't make any sense. Why are we in this conflict? The straight's not going to open. Oil prices are going to go to the moon. Stagflation is going to come back. There's going to be a global crisis, a global recession, global economic collapse. Nobody, everyone said, no, no, no. You don't understand the depth of Trump's plan. No, no, no. Two weeks. It. The new flat in the curve was two weeks until the Straits open, two weeks until we're out of there. We're about to make a deal. It was only about the regime change. Well, the regime is dead, so they had to have changed. Guys, we were right. The straight is not opening. This was a truth social post from our commander in chief on Easter Sunday. By the way, Happy Easter for those that celebrated. I hope you had a good weekend. Okay, open the straight. This is not AI. This is not. This is not Photoshop. This is from our Commander in chief, Donald J. Trump. Tuesday will be power plant day and bridge day all wrapped up in one in Iran. There will be nothing like it. Open the fucking straight, you crazy bastards, or you'll be living in hell. Just watch. Praise be to Allah. President Donald J. Trump. I couldn't believe that this was real. Okay, so clearly opening the straight is not going very well. It doesn't seem like our navy is capable of opening the straight without far too many casualties that are politically acceptable. It doesn't seem like our missile interceptors and our own Missiles are kicking Iran's ass, at least in the way that opens the straight. What did we say from day one on this show? Iran's going to fight back with the oil price. They're going to fight back with economics. That's where the US Is weakest. I'm not saying the US has a weak military. What am I saying? I'm saying the US is indebted, runs massive deficits, true interest expenses greater than its receipts, its bond market is incredibly fragile. The PETRA dollars on its last leg, that's where to hit the US and that was my expectation going into this. And that's what Iran has done consistently. So Iran came out last night after that tweet from Trump, which is crazy. Easter tweet, praising Allah and, and saying the other thing. I know you guys like my, my impressions with Dylan and I were in New York for the bit license event we hosted at Pub Key. And we had some real classic New Yorkers. And I love you guys, were cracking me up the best. The accents were amazing. And I, you know, I was doing some Q and they're asking me about the straight. Then you had these New Yorkers. I literally thought we, we could start a riot. I thought we were going to riot. The streets in New York, the way that crowd was fired up, it was a crowd from Jersey, Jersey City. They wouldn't have it. None of it, cuz. None of it. You, me head. These guys, these guys were fired up and they're screaming in the crowd, they say, what is Trump doing, man? Open the street, man. What are these guys doing, man? Oil's going to the moon. They better open a straight. Buy some bitcoin, man. It was the best, best. So when I saw Trump's tweet, I read it like a bitcoin New Yorker. Open a straight, man. What are these guys doing? What are we doing, man? Open a straight man. Oh, sorry, had to squeeze in an impression there. Bitcoin New York bitcoiners are the best. I've been, I've been all over the world, okay, Bitcoiners from New York. These guys, guys, man, salt to the earth, man. Taking a train from Staten island all the way to see you. I downloaded your app, I bought bitcoin on the app. I got a DCA going. I tell President Trump, I say, listen, man, open a straight man. The are you doing? Anyways, Iran's not open in the straight. This was their, this was their reaction. Iran rejected proposal to open the straight of her moose in exchange for temporary ceasefire, according to the Wall Street Journal. And then the Iran's embassy in Bulgaria tweeted this meme. I mean, these guys, I'm just telling you guys this. Is the US Military weak? No. Are we bombing the shit out of them? Probably. I'm sure we are. But we can't open the strait and they know we can't open the strait. Everybody knows we can't open the strait. We'll get to it in a second. Ships are going through the strait, but it's up to Iran what goes through. They are projecting power by telling the world we control and own this shit. There is no military that could force us to do anything there. The, the, the, the Petra dollar where someone puts a gun to our head and tells us what to do. That shit's over. That's what they're saying. And they're, they're memeing us to look at this meme. They're memeing us to death. Okay, so this morning, the funny thing about this show and this administration and what's going on in the world, the timeline. We're living through the best timeline. But man, you know, seconds off, not even a day off. What? You thought you were going to get a day off or an hour off? You don't get a second off because every time you refresh, there's a new headline, there's a new. I'll get to the contradictions in a sec. But this was this morning. Our Secretary of War, Pete Hagseth. And then the next one is Trump. Big media day for the administration. So I figured I would let you guys listen in on what our Secretary of War said this morning. Monday morning, mind you. The new deadline. Trump said he set like five deadlines. The new one is tomorrow, Tuesday, April 7, at 8pm Eastern. Okay, let's take a listen. Per the press, per the President's direction, today will be the largest volume of strikes since day one of this operation. Tomorrow, even more than today. And then Iran has a choice. Choose wisely. Because this president does not play around. You can ask Soleimani, you can ask Maduro, you can ask Khamenei. Per the President's direction, today will be the largest. Okay, so that sounds like an escalation. He's saying this president doesn't play around. Today will be the largest volume of strikes, and then tomorrow we're gonna go even bigger. So that seems escalatory. That seems like negotiations aren't going well. Combine that with the President tweets out. Open the straight, man. You crazy bastard. Open a straight. And then you get the Secretary of War claiming that we're about to blast them so hard and tomorrow even harder, and the day after that even harder. Does. I wouldn't describe that as things going according to plan. I don't know. It's just my opinion. And then let's see what the President had to say.
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They have a period of, well, till tomorrow at 8 o'.
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Clock.
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I gave them an extension. They asked for an extension of seven days. Right. I said, Steve, give them 10 days. 10 days is up actually today. So I gave them 11. I guess indirectly I thought it was inappropriate the day after Easter. I want to be a nice person. They have until tomorrow. Now we'll see what happens. I can tell you they're negotiating, we think in good faith. We're going to find out. We're getting the help of some incredible countries that want this to be ended because it affects them also. A lot of people are affected by this. But we're giving them, we're giving them till tomorrow, 8 o' clock Eastern Time. And after that they're going to have no bridges, they're going to have no power plants. Stone Ages. Yeah.
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Okay, well, our Commander in chief didn't even know how I gave him an extension. 10 days. Wait, today's the 10th day. 11 days. You can't take. These are not serious people. You can't take these people seriously. It doesn't matter who's sitting in office. The whole, the whole system is a sham. It's ridiculous. It's hard to take seriously. But according to our Secretary of War and our Commander in Chief, we're escalating. We're going to hit them hard, harder than they've ever been hit. And tomorrow's the deadline and they don't want to see that deadline because. Stone Ages. Stone Ages. Okay. And we go on. I just wanted to draw attention to the, the change of timeline and the headlines. Okay, March 22nd was the first time Trump issued this 48 hour deadline. I don't know if you guys remember that. So you got two days or else I'm blowing the whole country up. Then he extended it to the 27th. Then he extended it to April 6th, which is today. Now he's extended it to tomorrow at 8pm Eastern. It's, it's like, again, I'm not a political expert. I'm just a normal dude. I build Bitcoin software for a living. I think it's useful. I think it'll help change the world. Who knows? But I'm just, I just have a pin. I don't Know, like I said, no ads on this show. No one's paying me to do this show. You just, I collect my opinions. Build some tools with AI that make the slides. I hit record. Whoever wants to watch can watch. Okay, here's my opinion. I this, I mean this administration keeps contradicting themselves. They say regime change happened. We killed all these. We regime changed. Well, nope, this regime is terrible. We don't need the strait. We're self reliant. We're the biggest oil producer in the world. We don't need anyone for oil. We have our own oil. But if you don't make a deal, we're gonna blow your country up and take all the oil. You better open the strait then. They say there's no ground troops needed. There's no reason for us to go into that country and have a sustained war. But the Pentagon is prepared for scaled ground operations. It's impossible to keep up with what's true. What's not true is the regime still there. Did we, did we change the regime? Do we need the straight or do we not need the straight? Remember he was saying hey Europeans, we're backing out of NATO. If you guys need the strait open, if you need oil, well then you go do it yourself. We don't need the straight. We're gonna keep the straight closed. We don't give a fuck. Literally on Easter the guy says, you better open a fucking straight. What? It's impossible to keep up with. Anyways, back to the most important chart that we show every single week since this conflict started. Are ships getting through the straight? Yes or no? Trump can say he's a genius. The US is the best. Strongest military, strongest economy. This, that and the third. Red, white and blue. I'm American, I love this country. It doesn't matter. This is the scoreboard that matters. This is going to tell us are we heading towards a global economic crisis or not? Are we heading towards severe money printing or not? Are we heading towards stagflation or not? Can ships get through the straight yes or no? And the answer continues to be no. Anytime you read headlines, you're like, wait a second, is this 40 chess? Wait a second. Have I been bamboozled? Wait a second. Do I not understand the master plan? Just pull up this chart. Our ships getting through or not. This will tell you where the oil price. Another way to say it is, is the oil price going up or not? If it's going. If it's staying at elevated levels and it's going up, guys, that's a huge problem. A huge problem. And don't be fooled by the US is the greatest oil producer. Sure. But on a net basis we, we are in trouble. Okay. Interestingly and again, I, it's hard for me to keep up. I have two jobs doing this show and having opinions is not my full time gig. So today I noticed that I follow this poly market prediction market that tries to track how many ships are going to get through in any given week. And there's a huge rise in the odds that over 60 ships get through. It's now better than 50% chance. And we have seen some uptick in activity through the Straight. Now I thought Luke's opinion here was interesting. This is a macro guy that does do this full time. He said if you go from 2% of needed oxygen reaching your brain, which was three to four ships a day, to 14 to 16% of needed oxygen reaching your brain, which is 10 to 11 ships per day, you are merely going to suffer irreversible brain damage and then death just a tiny bit slower than you otherwise would have. So it seems that we're going to need vast more ships through the Straight. And by the way, it's not like flipping a switch. The global economy is not going to go right back to energy production and energy consumption as if nothing ever happened. You know, there's going to be some not good things between now and however this gets fixed. Just to be clear. So it seems as if Iran is allowing some ships through at their own discretion. They seem to be taking payment in one in Chinese yuan in stable coins. And then I guess there's all sorts of. I was reading the Citrini piece today. I guess there's all sorts of, you know, deals going on between countries are just worried about OFAC sanctioning. They don't want to go through the traditional payment system. They don't want to use dollars in the traditional sense because they fear they will be sanctioned. And so they're, they're broke. Iran is starting to let ships through. I don't know if this is what Bitcoin was reacting to late last night after that Trump tweet. I assumed bitcoin was going to nuke down and it ended up going up 3,4% on a Sunday. I can't tell you exactly why. Does bitcoin smell money printing? Does Bitcoin smell a Trump Taco? Does bitcoin smell the Straight? Opening up. Now granted, it's opening up only to people that Iran wants to. It did let a French boat through. The French paid for that in if they paid for that in Juan. That's crazy. Anyway, something to keep an eye on. Okay, now let's talk about the consequences and how this impacts financial markets. So let's just take a look at the oil supply math. The rise in price of oil and related commodities. Okay? Rice up 8%. Coal up 16%. Palm oil up 20%. Fertilizers up 31%. Gasoline's up 43%. Diesel almost 50%. Brent crude 50%. European natural gas 57%. Jet fuel has almost doubled. It's up 95%. Okay, remember, one fifth of global oil flows through the strait. It is shut. This is a huge problem. You are going to see stagflation. Okay, what is that? Stagnated employment and inflation. That is not good. In fact, it's the Fed's worst nightmare. Let's get to that in a second. This chart is from Forests for the Trees. This is Luke just putting into perspective. Now, the line on the far right is a projection. Okay? This is not reality quite yet, but if the straight remains closed for a little longer, like through the month of April, maybe two to four more weeks, you're talking about, you know, oil consumption of negative 7 to 10%. Covid in its brief instance was 9% down. Okay? The oil crisis in the the late 70s, early 80s was less than 5%. This is an order. The magnitude of stress this is going to put on the global economy is immense. Immense. The, the global economy cannot survive this in its current state. That like I will get on here every week and reiterate that common sense. Look at this chart. The global economy cannot afford global oil consumption to be down 10%. It cannot afford that. It's going to need money printing. It's going to need yield curve control. There will be a sovereign debt crisis there. There will be a global debt crisis. The global economy will collapse. If this allows to be like the current state is, something has to change and soon because people will say, well, you know, 100 years ago or 40 years ago, guys, 100 years ago, 40 years ago, we didn't have $40 trillion of debt. Our net interest expense wasn't larger than receipts like we are. Think of debt like leverage. We are severely levered. A gust of wind can blow this system down. You know, if you're 100x levered, you can only take a 1% move before you get margin called and blown out of your position. If you're 1% levered, if you're barely levered, you can take a lot of volatility and stomach it. The System can't take it. It's extremely levered. A gust of wind, and mind you, this is not a gust of wind, but a tiny little blip in oil consumption will blow this whole deck of cards down. Okay? Now the thesis is that this will hit Japan first, America will feel it last. But again, last is a system. This levered is like we're weeks away from feeling it. Or maybe days, I don't know. But it's not years, it's not quarters. I'm just letting you guys know, if the straight doesn't change and doesn't open up, Trump doesn't. Taco Trump doesn't concede. If nothing changes over the next few weeks, we're in severe trouble. Now, Japan's government actually came out and responded to this. They're referencing a petroleum product that it sits between gas and jet fuel. But the people of Japan were worried that they're gonna run out. And you have politicians literally saying, yo, there's fud that we're gonna run out by June. But worry not, we have a few more months, more than June. We won't run out until a little bit after June. This is a real tweet. This is. What I'm saying is this is not a drill. It's going to be fascinating because something has to change in the coming weeks to month. The stat what exists today cannot persist. And I mean, this is not just an American thing. This is not just a Trump 40 chess thing. Like I'm saying, this is global economic implications. This is Japanese politicians saying, yo, let me like tell you guys what our reserves look like. And we're working drastically to get more reserves. So anyways, you guys, the stock market actually closed up today with Bitcoin again. I don't know if that means that the straight is starting to open up a little bit because Iran is getting a little bit looser with their controls. I don't know the answer, but on net, the stock markets looked awful. Futures opened down last night. Oil continues to climb. Oil is well north of $100 a barrel now. And it depends on the market and the form of the commodity. But that thing is going to the moon and that's a huge problem. Okay, so we've talked about this before. This is from Dr. Jeff Ross on the left. This is a chart of oil and US 10 year. And they're, they're highly correlated. And the, the very basic thesis here, it's the yields, by the way, and the thesis here is very simple. As oil goes higher, yields go higher. Because oil going Higher implies inflation. If there's inflation, then investors that are lending to the United States are going to need to be compensated for that. Like I said, if my eggs are getting 5% more expensive every single year, the least you can do is compensate me 5% a year for lending you money. If you're giving me 1% of yield a year to lend you money and everything around me is getting 5 to 20% more expensive a year, why the fuck would I lend you any money? That's the dumbest deal I've ever heard. And so as oil spikes, you usually see a rise in yields. And so what would cause a rise in yields again? Yields go up when bonds go down. They're inversely correlated, okay? If everyone wants US Bonds, yields will go down. People say, ah, screw it, you don't have to pay me 5%. These things are so in demand. I'll take 4% to own one of these things. I really want one. Give me some. Give me some US treasury safe havens. But the opposite is also true. When people say, I'm not lending to the United States, what are you crazy? That's lending to your drunk, indebted uncle. There's no way that person's paying you back in real terms. Have you seen inflation in the oil prices? You're lending to them. You'd have to be nuts. Do you know how much money they have to print? Well, then yields will rise, right? And so oil is spiking. Let's see if yields follow. We've seen the move index, the, the volatility index of the bond market. We've seen it start to creep up in potentially enter dangerous territor territory. And we've seen yields slowly bleed up since the start of this crisis. Now, or started this conflict. Excuse me? Well, it's a crisis too. It depends who you are. And the Financial Times article on the right. Foreign central banks sell U. S Treasuries in wake of the Iran war. Interesting. Interesting. Guys, this is all extremely predictable. Extremely predictable. Why is this predictable? Well, what does the world have? The world has US Dollar assets. They have US Treasuries, they have US Stocks. If they need to supply their country with food, with energy, with oil, they're going to. This is Maslow's hierarchy. They're going to need to eat food before they continue to stack U.S. bonds. So I expect yields to rise along with oil. Who is going to lend to the United States with this level of expected inflation? Nobody. Foreign central banks. Look at the, the top headline I wrote. Foreign central banks holding of U.S. treasuries at the New York Fed fell to its lowest level since 2012. And how this conflict is going so far. You know, one of the reasons Trump is probably so, like, bold and big and, and cursing at everyone over social media is because he's trying to project some form of power and confidence. Because the petrodollar is wholly reliant on oil being sold for in dollars. If Iran's saying, you can get through the straight, but I'm not taking dollars, that coin, that's a huge change. The petrodollar cycle is over. Okay, sick cough break. One second. Okay, I'm back. Okay. Flu game, man of the people, they say. On a related note, I found this super interesting, you know, because I'll say this through all these headlines and all the crazy nonsense that administration politicians are tweeting, you've got literally Iran and their embassies tweeting memes about Trump choking on the straight. They're saying, counter trade. Your president, if he says one thing, if he says something bullish, short it. If he says something bearish, long it. Guy's a clown. So you've got guy, you got Iran memeing, which is ridiculous. Like, what the hell is this? And then you've got our administration cursing them out, open the fucking straight, you crazy bastard. Okay, you got, you know, Jersey Shore, New York, Trump cursing out, it's hard to find signal. It's hard to find. Like, all right, none of these people are serious. I can't take any of these people seriously. I'm trying to understand what's going on, trying to understand if we're entering, entering a global economic crisis here. I'm trying to take care of my family. I'm trying to feed myself and my loved ones. What the hell's going on? This was very sneaky signal. Jerome Powell said that he can look past the oil shock, or not just himself, but the Federal Reserve. Interestingly, he wasn't willing to look past the tariff debacle last year. So the point is, this is a new position from the Fed. And he's saying, by saying look past, he's saying, I'm not going to hike rates because of oil because oil is likely going to. Again, oil is a leading indicator to inflation. Energy is the currency of the universe. Oil and energy prices go up, everything goes up. Everything. Okay? And so oil going to $112 a barrel, last time I checked, that's a huge deal. And the Fed is saying, we're just going to ignore it. And that's a huge signal Guys, the Fed will not. What the Fed is saying is we're not gonna hike rates into this. If anything, we're giving ourselves a forward pass to cut rates into this. We're going to ignore, look past the oil shock. Very, very key headline. And I'll remind you guys why the United States cannot afford higher interest expenses. A lot of this debt was created at 0% interest and now they're rolling it over at 4 to 5% interest. The 10 years at four point whatever. That's so expensive they can't afford rate hikes. In fact, they might need rate cuts. And so the fact that the Fed is coming out and saying, yeah, we might be heading towards a global economic crisis and oil, this oil market, this oil shock, I mean it is unprecedented. The pace to at which we will experience an oil shock. This will beat Covid, this will beat every other oil shock before us. But we at the Federal Reserve are going to ignore that. That's a huge signal. I do not want you guys to miss that. We'll keep an eye on the Fed. We'll keep an eye on the new Fed chair on war that's coming in. But that was a big signal. Another really, really big one. This is data. This is not trying to track politicians Twitter accounts and their constantly contradicting themselves every hour. Okay, this is ism services employment. Look at March, you guys. This came out today. Oh my goodness. That is not a month, that's only a week into it. That is the March print. It looks like it fell off a cliff. It got hit by a missile. Literally. Too soon. Too soon. Look at that. And then on the right ism prices. And we're back to 2022 levels. So what does this mean? Stagflation. Employment is collapsing. Collapsing. And prices are rising. Not good. In fact, this is the Fed's worst nightmare. Why is this the Fed's worst nightmare? Well, prices are rising. Inflation is upon us. I need to raise rates. Well, on the other side, employment is collapsing. What do I do? This current fiat experiment is running into a dead end. It's becoming a victim of, of its own self. What do. Yikes. So you, you kind of have these three options. If the you're the United States, you can forcefully reopen the strait. I'm sure we can. Now when can we. How long will that take? And how many casualties will that take? We risk starting World War three. We risk so many casualties that are unacceptable. I highly doubt this. I think this is, this would be a very risky strategy. But that's option one. The Strait remains closed for a very long time and we go forcefully open it. Immense amount of U.S. casualties, we risk World War 3. That's option one. Option two is we negotiate a deal. Trump has extended the deadline four times and at this point, if a deal is done, it will look like Iran won. Now obviously the US media and Trump aren't going to market it that way, but that will be the conclusion. They kept the straight close. The US Couldn't open the straight. They were accepting other currencies. The petrodollar is up to Iran if in the Strait of Hermuz, if they want to support it or not. And we'll see if Trump's ego can sustain this. Like today I saw a headline come out that Trump says, I think that we should keep fighting in Iran and go take their oil. But supposedly the American people want us to come home. Now he's blaming it on us. So we'll see. Door three is print the money. And by the way, all three doors lead to the same inevitable path of printing the money. But what's fascinating is the dilemma that the US is in is just really bad, real bad. And I'm not saying it in an anti American way, I'm saying it in like the fiat system we're beholden to and that we ultimately created. I mean, we got to own that, right? Great country, land of the free, home of the brave, we got to own that. We, we created the fiat system, Keynesian economics, all that bullshit, we perpetuated that we invented that. We got to wear that crown. Unfortunately, that system, we're in a tough spot because we're either going to have to print the money, monetize the debt, expand the Fed's balance sheet in the face of rising oil prices. Do you, you guys have not seen inflation yet. If that happens, I can't even begin to explain to you the price of not only bitcoin, of everything. I mean that will be outrageous. And all the other options will lead to the same results, maybe less severe. But this is the board as I see it. This is the board as I see it. If we deploy troops on the ground, are we literally going to go multi year conflict, risk World War 3 to open the straight? If not, is Trump going to resign? We talked about uncle versus Taco. Maybe we get both uncle and Taco and that will be, I mean that's a huge deal that the US walked into Iran and said, open the straight, take the dollar petrodollar and Iran said no. And the US just turned their tail and walked home. That'd be. That has grave implications. Door 3 is you just print the money. Either way, you got to print the money. I don't know. I. I'll say this. I don't know if Trump's ego will allow for him to tuck his tail and walk home, but I also don't know if it's up to him at this point. Like, the whole world is in grave danger trouble. Like, you're seeing Japanese politicians tweet about their reserves. Like, he might get taps on the shoulder, like, dude, tuck your tail and walk home now. I'm not sure. I have no idea. Above my pay grade. All I can tell you, it's a great time to turn your DCAs on. No matter what. The money of level print. Level of money printing is immense. Big just to put into perspective. So the us, when debt expires, it obviously doesn't pay it off. It rolls it over into new debt. So this is from Michael Howell, but just so you guys can understand kind of the cycle nature. So high interest means we have bigger deficits. Bigger deficits means that the government needs to borrow more money just to cover that gap. Borrowing the more money creates new borrowing, which adds to the debt, right? And then the new adding to the debt makes refinancing it more expensive, which creates the same thing. Higher interest, bigger deficits. Need to borrow more. Borrowing more adds to the total debt pile. And it loops and it loops and it loops and it loops. And so we have this, like, Michael Howell calls it, this debt maturity wall. It's over $40 trillion in 2025, and look, it just keeps growing. This is a debt crisis. It's like the debt is collapsing on itself. It's. I don't know. I mean, I've seen some Lynn Alden podcast recently, and, you know, she's usually not nearly as, like, emotional and dramatic as guys like me. And she's like, I don't know, this could be one of the ending chapters. Now, the chapter, remember, markets can stay irrational far longer than you can remain solvent. So it doesn't mean that the chapter can't last 10 years, 20 years. But as far as, like, there's nowhere higher to push the debt. The debts at the sovereign level. There's no level above it. There's nowhere else to push the debt. Okay, in other news, there's other stuff going on, right? Like, AI is taking everyone's job. Blue Owl, the whole private credit catastrophe. We got some more insights into how much money investors wanted to take out. 22%. Because when the headline first hit Blue Owl was like oh a tiny minority of investors, it's barely anybody, no big deal. And then later we learn that I think it was 40 over 40% of the fund overall fund but 22% of the private credit fund was reported by Wall Street Journal. So it was over $5 billion of 30 some odd billion tried to withdraw and they said no. So private credit with or without the conflict in the Middle east is a huge problem. AI deflationary wave with or without the Middle east is a huge problem. And I guess the way I will end it because I want to spend a little bit of time on my grind my gear segment today the way I'll end it. Interesting data. The Chinese payment system CIPS crazy growth recently. Interesting right? The assumption is it's because of the straight of her moose and people using their payment system as opposed to US dollar based systems because of fear of sanctions. And to me again it doesn't really matter how we get there. The point is there's a monetary order, seat change, there's no doubt about that. You got part of the world that's trying to remonetize gold. You've got part of the world that you know Russia was kicked out of our financial system. So they've been selling oil for Chinese Juan for years, since what 2022. So the point is the new monetary order, the future monetary order of the world is up for grabs. Make no mistake about that. Now you could not like bitcoin, you could think I'm an idiot. But the point is it's up for grabs. The current monetary order is failing. The current fiat system is failing. And whether Iran, Russia and China are going to try and push the world into this gold backed Chinese wonderful. Or whether US that believe in western ideals and open source software are going to pioneer and revolutionize bitcoin. Understand this, we are entering a timeline where the future is to be defined by you. And I mean that. Don't let that point get lost on you. Like the straight where 20% of the world's oil flows through is adopting a brand new payment system before our eyes. It's happening and all of us play a critical role in what the future will look like. I'll get into this in a second. So Luke charted bitcoin over tech and Bitcoin's been resilient man, it really has. And again it usually leads. And so is it smelling something? Is it something that we don't know? Free markets are the ultimate truth tellers. Bitcoin will figure it out before you Will before the headline comes out, the market will figure it out. It's the most free and fair market we all have access to. It's the only free market left. So is bitcoin sniffing something out? Is it sniffing out a Trump taco? Is it sniffing out a Trump uncle? Is it sniffing out the straight opening up to whatever a lot of the east which eases the pressure on oil? I don't know what it's sniffing out. Is it sniffing out that, you know, Trump's new deadline. The market's expecting a deal and tomorrow it it's going to puke itself down because there's going to be no deal and Trump is going to be embarrassed and have to come up with something else. I don't know. But it's been resilient and I repeat my message. Now's the time to stay humble in stack sats. Turn on your dcas. What? What are you to expect with a conflict like this? Potential global economic crisis, oil prices through the roof. What's the expectation? What should you be on the lookout for? Guys, be wary that the bitcoin price could nuke and puke at any moment. The global economy is extremely fragile. Everything is extremely fragile. You're seeing gold. U.S. treasuries experience risk volatility like it's bitcoin. Like it's Tesla. I beg you to earn more than you consume right now. Now is the time to tighten the belt. Make sure you're bringing in more cash than you're spending. Review all the debt you have outstanding. Make sure it's productive. Okay. Potential for some uneasy times. But this is where legends are made. This is where people buy low and mind you turn on the dcas. Do not wait for you're not going to time to dip. You're not going to be awake and online with a cash account loaded to buy bitcoin at the pristine moment that someone flies an airplane in the sky that says, hey, this is the bottom. Log into strike and click buy. That's not going to happen. A year from now, two years from now, five years from now, you're going to say, wow, I had a chance to buy bitcoin with a six in front of it. I can't believe I didn't act with more urgent. I can't believe I was waiting for a five or a four or three. What an idiot. So be responsible. Be productive. Turn on the dcas. This crisis can't last very long. This Middle east conflict, oil shenanza, it can't. We're way too indebted. For this to go on for years without any new policy changes or fed interference, there's just no way. There's no way mathematically impossible. Turn on your DCAs, okay? Grind my gears. Interesting segment today. A little bit more, I would say, not as philosophical as Duke losing and us talking about tall poppy or small poppy syndrome. Is it tall? Small one of them. But certainly not like Las Vegas where I'm talking about people snorting cinnamon and wheeling themselves from slot machine to slot machine. I was reading Luke's report, okay, and he's talking through the straight of hermuz and oil and Petro Juan and gold. And he's, you know, super smart macro guy. I'm reading his report and the last section of his report is titled I have cancer. And I'm listening to the audio version and I'm like, holy shit. And is he okay? And the section goes into the rise of cancer in the United States. And I know Dylan's in the chat and I remember telling Dylan, man, this was years ago, a Carnivore diet podcast wanted to have me on their show. And I told Dylan, I said, dude, I gotta do this. I'm big into carnivore keto. And I told him at the time, I said, I tell you this dill the future, like I'm telling you right now, there will be a hard money real food diet, like leader of future generations. And like that person is going to have such a powerful message. And at the time, Dylan was like, dude, you are gross. No, no one wants to listen to you talk about how much meat you eat and the fact that like you drink raw milk. No one wants to hear that shit. You should definitely not go on that podcast. It's enough to get people to appreciate you as this 12 year old look in bitcoin proponent. Like, it's hard enough for people to take you seriously. You're definitely not going to go around saying that you're like eating meat right off cow while we're not doing that, okay? But I've been invested in this topic for years. And the reason I got into the carnivore diet, keto diet. A lot of the things that I do and I've brought up on this show in adjacent forms is because of the concern I have for health in America. Health for our youth, health for future generations. And as you guys know, I think it's all tied to the money. I do, I do. I fundamentally think that if we can fix the money, we can fix the world. But also that all of us young people or Just people generally, we all need to appreciate and realize nobody's coming to save us. I'm going to say that again. No one's coming to save you. You can do this. You can win. You can be financially stable and secure. You can own a home, you can have a family. You can be healthy. You can. But no one's coming to do it for you. You've been sold that lie. There's no politician, president, mayor, governor, corporate hero. None of them are going to save you. You can do it, but it's your fault. So anyways, this I have cancer. Let's flip through it. Look at this chart. This is Google search for I have cancer. It's absolutely exploding. It's what we would all want a bitcoin chart to look like. Absolutely terrifying. Very scary. And it seems to really be hockey sticking. And as we entered 2024 and through 2025. Now this is an article from 2024. So it's almost two years old. But again I ask Dylan in the chat, I've been talking about this for years. I'm like dude, you got to let me. One day Dylan will let me do carnivore podcasts and more health stuff because I'll, I'll tie it all to here together in a second. I think it's all part of the same story. Like as, as a generation, we were born into debt, we were born into unaffordability crisis, currency debasement, our food is poisoning us, Metabolic disease, all time high. Cancer rates all time high. Like part of the revolution is not just making sure the number goes up in your portfolio. Like part of the revolution is building a generation that takes self responsibility and owns it outright. Defines the outcomes in our lives, prioritizes family and health and longevity. So this from two years ago, New cancer diagnosis expected to hit record high. I want you guys to hear this part. New cancer diagnosis in the United States are expected to top 2 million for the first time in 2024, driven in large part by an alarming increase in cancers among younger Americans. That's the sad part. The growth in cancers is coming from the youth. You read these articles and you hear of an eight year old, eight dying from pancreatic cancer. You're seeing 13 year old kids have to leave school because they're being diagnosed with stage four cancer. What the fuck? So anyways, to put this into perspective because you'll read things like, and trust me, I've done, I'm open to the Q and A here on this show or later shows because I've done a lot of research on this stuff. Bitcoin, for me, is a vehicle to effect change. But the change that I ultimately want to see is a healthy, prosperous society. I've told you guys, my dream. My dream in life is not to be the CEO of a company a certain size is not to be the point guard of the Chicago Bulls. It's to be a father. I want to be a dad more than anything. I want to have a family. I want to be healthy. I want to be alive. I want to be financially secure, to provide. And I want that for my peers. I want that for you guys. I want that for us, the collective us. And so bitcoins, one way for me to affect that change. But I've done so much research on the health stuff too. It rhymes. You guys, we're being fed bullshit. I promise you. I'm gonna sound like one of these influencers that's eaten raw, raw liver and raw bull testicles. I'm not. I'm not. That's why I want to get on the health podcasting circuit, because I'm on nor like, I watch college basketball from time here now. I have beers, whatever. Sue me. I'm not like a. I'm not walking around naked like a caveman eating raw bull testicles. But I'm still here to tell you that health in this country is deteriorating, just like our currency, just like the affordability crisis, just like mortgage rates. So from ethical skeptic, I want to read this to you. The cancer increase has not been caused by deferred screenings. The big two cancers, lung and colon, both heavily screening sensitive actually went down. Less common secondary and rare cancers have been growing. So the first thing you'll hear is, oh, well, the population is growing and. And, oh, people are smoking a little bit more. Or it's genetics. No. Or it's because of screenings. No less common, rare cancers are exploding in children. In your kids. 1 and 2 combined to create a Simpson effect, which hid the cancer rate increased somewhat. Cancer entropy exploded. Cancer skyrocketed in younger persons. Those who are not screening sensitive. The math he did. This is a two in a billion chance of occurrence. The level of growth in cancer rates in the type of rare cancers. And I've talked about this on the show again, kind of adjacent. Let me just make the point clear. In my opinion, this has a lot to do with the money. I gave the speech in Prague. When you break money, when you break the market, good. That is supposed to represent our time and our energy, our effort in our labor. It Allows to effectively price our contributions to and from each other. When you break that and you break the natural free market award cycle of you do a good thing, you get awarded. You get to consume more energy. You, you do a bad thing, you face consequences. You get to consume less energy. When you break that mold, you distort society. Our ability to understand what's good and bad, our ability to consume or not to consume, our ability to trade, our ability to understand who is actually valuable in society. Are politicians net producers to this world? You break that mold. So on the screen I have Nixon closes the window, the gold window. In 71, we have a new food pyramid. In 77, weirdly decades later, we can't afford real food. Look at this. Ground beef hits an all time high. In order to afford real dieting, like eating real beef is as expensive as trying to keep up with luxury real estate. You're pushed to consume industrial sludge and highly processed bullshit and garbage. It's the only affordable dieting plan. Back when I was growing up, it was the dollar menu. If you only had a few bucks in your pocket, go to McDonald's. This stuff is killing you. And again, it's when you break the money, everything else breaks. Everything breaks. And so anyways, there's a few philosophical points in this grind my gears. I want to get across first. I'll say it again. Humans are meant to be governed by mother nature, by the universe. We are a product of a function of the universe and mother nature itself. Okay, now how does that relate to bitcoin monetary policy? Bitcoin, we are governed by proof of work. You have to move real bits in the real world. Gold, same thing. We're governed by the physical reality of the universe itself. Like bitcoin, literally. You cannot create more bitcoin than the protocol allows for without bending time. You need to time travel. Bitcoin, it's 10 minutes on average. Doesn't matter what you do, who you are, what you say, it doesn't matter. What do I need to create more bitcoin? Ten minutes, that's what you need. Where the are you going to go? Get that. You can't. Bitcoin is protected by the ultimate asset, time. Something that we've all been governed by. Gold. Similarly, way better than fiat Mother nature. It's a rock in the ground. Nothing you could do about it. You can't print it. And it's the same thing with our health. I urge you guys to look into this. Processed food, processed pills, man made shit, it's all the same guys Same thing with money. Do not use man made money, don't use it. Do not use fiat. Do not use the dollar, the euro, the yen. You want to be governed by the universe, do fray away. Man made monetary policy. Man made government structure. It's bad. Bad for us. Same thing with food. Man made industrial beef. This beyond beef. No bad. All these pressed pills, bad. Okay, next. This is just some of the stuff that I've implemented because people say, oh, Jackson carnivore because he's a bitcoin maximalist. To be honest, I do the carnivore keto stuff because to me it's the easiest diet to avoid poisonous foods. Really, Honestly, at this point in America, any form of sugar, any form of carbohydrate is likely to terrible for you. Highly processed, covered with 40 ingredients, industrialized, manufactured and killing you. Which I'll get into in a second. Really bad. Really bad. I order my beef from farms that actually accept bitcoin. Many of them accept bitcoin with strike. And so I actually order all of my. I use my strike line of credit and I order bulk orders that come every month. And I have a couple freezers full of beef and I eat everything between salmon and cod. So I get some fish to bacon, to ribeyes in New York, strips to tri tips, I get ribs. I have a smoker up on the roof. And the reason I eat, I just eat meat. 1. I'll talk about the benefits of ketosis in a second. But also, as an American, I can't eat anything else. The food supply is. Think about it again, guys. In the fiat system, when we do, when we basically embraced and promoted globalization, American in America and corporate America had to optimize for profits. And so they're going to pick the cheaper ingredient for your food. They're going to pick the seed oil over the beef tallow. They're going to pick the industrial sludge meat instead of the grass fed beef. It's the same reason that Apple hires people in China to make the iPhone and not Manhattan. What's the salary of an Apple iPhone maker living in Upper east side? They'd have to make 100 grand a year. That's because we're the world reserve currency. Our currency is artificially inflated. Our goods and services are artificially inflated. That means labor goes elsewhere. China's got weak currency, high productivity. It's the same thing with food. If you've got your local grocery store, your local restaurant, they're optimizing for the same profits Apple is. They're gonna put Garbage seed oils, high industrial bullshit, processed carbs to disgusting sugars. This is all a function of the current monetary order and fiat system. I promise you. We're all like literally either unknowingly or knowingly being poisoned. And so the reason I do carnivore and keto is I'll talk about the benefits of ketosis, but it's just the safest way for me to say I'm just going to order from a farm. I know. Like, I literally go back and forth with the guys over email. They signed up for strike all grass fed and you know, there's a little bit of premium to it. Thankfully I've been saving in bitcoin. It's fine. But at least I know I'm putting good stuff in my body. Other interesting fact for you guys to know, I was lactose intolerant for, you know, growing up as a kid. Like sensitivity to. Everyone loves ice cream. I would always struggle with it. I started consuming raw dairy. Literally I could eat as much as I want. Raw milk, raw butter, raw ice cream. I buy from this. I'll show you guys Miller's bio farm and they let's see if I can. Yeah, I do raw dairy and they have really great products. If and for your coffee, raw butter. At this point I just do. Oh, their eggs are great. It's really difficult to find, let's see, to find corn and soy free eggs, really, really hard. Like, I encourage you guys. The founder of GitHub did a study on whole foods food quality. It was terrible. I mean these are the things I wish I could do a whole episode on this. It was, it was really bad. Like the steaks were all corn and soy fed. The eggs they like, they'll say things like pasture raised, but doesn't mean they're high quality and they're good and really bad. And so I get my eggs and my butter from Miller's bio farm. And then if you guys are interested, I can follow up on Noster or something with all of the butchers and the farms I'll order beef and bulk from anyways and then outside of that, like I'm really big on obviously getting outside, walking, lifting weights. Another thing that I encourage you guys to look into, one more thing, by the way, so people don't understand and appreciate. So cancer is glucose dependent. This is called the Warburg effect. This is a 1924 study. Again, just trying to. This stuff terrifies me. I feel, I feel so deeply for the youth in this country. Think about it. You're born competing With AI for jobs, there's no accessible blue collar work. Debt, debt, debt. Unaffordability, unaffordability, unaffordability. And by just eating the normal diet, go to the grocery store, eat some burgers and fries. You're 8 years old and you have colon cancer. What the fuck? That's the United States. What the fuck? I'm not exaggerating, This is a different grind my gears. But I'm like super passionate about this topic too. One of these days I will go on these carnivore diet podcasting tours and be able to wax more about this stuff. But so you guys know, I want you to look it up for yourself. Don't trust verify. Cancer cells are glucose dependent. They're not natural for the human body. And so what you guys should know is that in order to develop a cancerous tumor and have that tumor feed on itself and grow, you have to be creating an environment and feeding that cancer in order for it to successfully conquer and take over your body. And so high carb processed food diet. Cancer has to live within an environment of inflammation. Inflammation is created by these poor dietary habits, things like alcohol. It's the only environment cancer can survive. Cancer is not naturally adept to the baseline human body we are feeding can't. Like for an 8 year old to be for 8 year olds to be more commonly dying of colon cancer. My point is it is, it has to be because we are putting the human body in an environment to be highly inflamed with highly processed food that is feeding these cancer cells. There is no other way for a cancer cell to survive in the human body and it requires a hostile environment. So the other thing that I talked about, being on a keto diet or carnivore, you're in what's called ketosis. And ketosis starves your body of glucose, starves cancer cells of glucose. And the other thing I recommend is some form of fasting. So people will ask, well, what else do you do? I also do two to four times a year. So I try and do it after every board meeting, which, you know, quarterly. So that'd be four times a year. Sometimes I'm traveling and I can't do it this. Over the last 12 months I've done it three times, which is a 72 hour fast. And that kicks in something called autophagy in your body. And autophagy is your body's cellular cleanup mechanism. And I just want to explain to you guys quickly how amazing the human body is. The human body has survived thousands of years of Evolution. Think about it like we are ourselves, a product of mother nature. And you as an existing human being, you are the best properties of all that's come before you. You survived. And your body is amazing, it's incredible at keeping you alive. So what happens is when you don't give your body nutrients and resources that it needs to derive energy, it will first kick into ketosis. Ketosis is using fat for energy. Okay? So it won't use the sugary starburst that you ate or the sugary Starbucks cocktail coffee that you drink. It'll start to burn fat for energy. So that's why keto and carnivore are actually good for weight loss. And people are traditionally in great shape and lean and in good metabolic health is because it's using fat for its energy source, which is really good. And ketosis also ketones. That's ketosis. Ketones, Ketone. Your brain prefers ketones. When you're born, your natural state is ketosis as a newborn baby, and your brain is using ketones. It's far less inflammation. So when you fast, call it the first 18 to 30 hours, you'll be kicked into ketosis and your body will start using fat as energy. Now, once you get to past 48 hours, and I know this is a long time, and I encourage you to only do this doing your research if you need supervision, whatever, all right, I'm not a doctor, okay? This is not financial advice, and this is not medical advice. This is a normal dude trying to look out for our future with his opinions, okay? Now, autophagy is something I want you guys to look up as well. Because what happens is when the human body isn't getting what it needs, one of the most expensive processes for your body to go through is digestion. Is digestion. So the reason that, you know, people say you should do intermittent fasting or you should do fasts every now and then, it's because digestion is really hard on your body. That's also why people say, don't eat so close to bedtime. You want your body to be recouping and reviving itself. You don't want your body to be digesting while you're sleeping. It's high. It's a high energy activity for your body. Now, if you give your body a break from needing to digest food, it kicks into autophagy, which is your body's cellular cleanup mechanism. Your body is smart enough to actually say, hold on, we don't have any chores to do. We don't have to process this high Sugar Starbucks drink and this pack of Starbursts and this bag of doritos and this McDonald's cheeseburger. We don't have to work through this Guinness, this industrial sludge, this poisonous alcohol. We've been given a break. We're running. We're fueling ourselves on fat, we're fueling ourselves on ketones, which we prefer, which is our natural state. And now we're going to kick in autophagy, which is a cellular cleanup. And it goes through your body and it breaks down damaged cells. It breaks down and kills cancerous cells. It breaks down and kills dysfunctional cells. It's amazing. And my point is, again, be governed by mother nature. Use the like. Use the engineering marvelous phenomena that is the human body. Stay away from the processed foods. Stay away from the process and pressed pills. Stay away from the sugar and the carbohydrates. Glucose is what feeds these diseases. Look up things like ketosis. Look up things like autophagy. I challenge you to give your body the space and the time to clean itself up. I do. Two to four times a year I let my body go to work spring cleaning. Hey, get everything out of here. I don't. I don't eat for three days. It's no problem. I'm tough. Come on, toughen up. The future is ours if you want it to be. Don't be a. That's the thing. You want the President of the United States to hand you good health? I'm sorry, they're not like no one's coming to save you. Take care of your body, put good things in your mouth, do your research on this topic because it's not talked about enough. It pisses me off that you have 8 year olds dying of colon cancer. And this isn't a story. The rate of metabolic disease in this country, the growth of cancer in this country, it's pathetic. It's disgusting, it's shameful. It's really scary. It's really scary to me that a kid is going to be born into an AI economy with a debasing dollar in oil crisis and metabolic disease and risk of colon cancer with. Without even understanding the life he's been born into. He doesn't have a chance. That's bullshit. I will. I will not. If I'm given any platform in this world, I will not allow that to happen. I'm going to, at any chance and opportunity, push some of these ideas on you guys. This is the true reason I do carnivore and stuff. I optimize for ketosis I put my body in an autophagy state every now and then. I avoid processed bullshit. Avoid it, avoid it, avoid it. And it is not, not coming from a guy walking around in, in a caveman costume eating bull testicles and liver organs. I don't need any. You don't need any of the beef or you don't need that shit. You don't. And if you want some rice, you know, it's fine. You know, I'm not telling you to live a lifestyle that's not going to make you happy. Just be careful. Please be careful. It's, it's scary and that's what grinds my gears. Sorry. Okay. On the strike stuff, let me pull up our Twitter real quick. Hold on. So as I said, we're going to be tweeting every week what we launched. So let's retweet this. So this week or excuse me, last week. And I love that like, you know, what does brown do for you? What is your bitcoin company done for you? I think Strike. We build so much, we ship so much. We're constantly working for bitcoiners. So New York loans, our credit products are live. We turned them on last week. Really excited for all the New Yorkers. Also. California business term loans are now available. Vermont business term loans are now available. We've rolled out line of credit interest rollovers which is really valuable. So you can roll the interest over for your line of credit. And we've got a bunch more shipping this week. We are non stop on a mission, obviously. Very exciting. As you guys have feedback, questions, comments, let us know. We're going to try and commit to tweet this type of tweet every single Monday because it's what does your bitcoin company do for you? Who else is out here grinding for the mission for bitcoiners quite like Strike. I challenge you guys to find me another company that's shipping like we are. Another question I have for you guys on the Strike stuff. So we've been talking about building this yield on cash product. So just to revisit the idea, Strike has a big market of bitcoiners borrowing against their bitcoin. And the way that works is we work with someone else who funds the fiat side. So let's say I'm working with a bank and I say, hey, said bank, in exchange for a bunch of bitcoin collateral, will you give us dollars? Because I don't have, I'm not going to own billions of dollars of fiat to lend out. I don't want to own Fiat. That's for other people to do. And they say, yeah, sure, we'll give you, at this price, expensive, very expensive. And then we turn around, we add a little bit of margin for ourselves and we lend it out. And so we have. On one side of the market is cash. On the left here, on one side of the market is cash that wants yield. And on the right side of the market, on the other side of the market are bitcoiners that want to borrow against their bitcoin. And in the middle of strike. And we're the facilitator of said market. And as you guys kept coming to me and said, we want yield on our cash, we want yield on our cash, I said, well, hold on a second. We can actually do better than just giving you what some financial services do, like Robinhood. They'll sweep your cash that you have on the platform and rent it overnight at the Fed and collect the rate. And so you're getting fed funds maybe a little less, like 3% or so. And I thought to myself, I said, we can do better than the fed funds rate than the 3%. How? Well, what we can do is we can allow our customers to put their cash into the pool of cash that gets lent out in this market. So if you're comfortable saying, hey, I have ten grand in cash that I'm not going to touch, it's a super duper emergency, I'd take yield on that. Feel free to put it into this pool of cash that bitcoiners are borrowing. And whenever I want to withdraw it, I'm going to hit a button and I get it back. Well, we can actually give you far higher than the fed funds rate because bitcoiners are, think about it. The US Government's broke. The fed funds rate has to go down because the US Government can't afford its interest. The US Government is not productive on net. They're running deficits. Bitcoiners, by definition are the opposite. They're productive. They are producing more cash than they're consuming and the excess they're using to buy bitcoin. And so bitcoiners are productive. They can afford loans. They can afford to pay you more than 3% yield on cash. They can pay you 4%, 5%, 6%. And so the idea was, well, we can give people, let's say, 6% yield on cash. And so anyone that has cash on strike that wants 6% yield, feel free to click a button and then you'll start earning 6%. And then when you want to stop and you want to take it out, you take it out now. So if you guys have questions about that, let me know. We're like reinventing banking on top of Bitcoin. If you have idle cash and you want to yield, you can make it available to bitcoiners around the world that are starting businesses or financing things in their life backed by their bitcoin. So it's, you know, it's 50 LTV so the collateral is twice posted. There's no such thing as risk free but you know, it's virtually no risk because it's fully collateralized, over collateralized. So in it's amazing because we are lending to productive people that are saving in an incredibly performant asset as opposed to lending to the US government and the Federal Reserve who increasingly can't afford it and are only paying you back in an in inflated currency. So anyways, let's say we come out with a 6% product which is what we aim to come out with. Let's say, I don't know, 5%, 6% depends on what the market is and we'll, we'll get there. Honestly, if all of our STRIKE customers are willing to finance our bitcoin backed loan people, our bitcoin backed loan pricing should come down because then I don't have to go to these banks that are charging us a lot of money. If, if the people on strike are saying ah, I'm willing to take 4% for my yield on cash, I don't need 6 or 7 or 8% then our pricing can come down. So we'll see it, it's a two sided market, it'll be really interesting. Nonetheless, there's all these banking rules with this product. STRIKE is actually looking to potentially get an OCC charter, our own banking charter so that we can do some of these products ourselves. But in the interim we might have to do this product with a stable coin. So saying this, if you want 6% on your cash, then we turn whatever amount of your cash into USDT let's say and it's just earning 6% and then when you want to switch it back and stop earning the yield then you just click a button. But that would be the product that we could launch like hopefully now or else we kind of have to wait a little bit for the normal like the cash balance that you see in your app to be doing the yield. Because of all this banking rules that I'm sifting through. We'll get there no matter what. The question that I have for you Guys, because you guys bring it up to me all the time is would you rather me launch this where you have like, let me put it to you this way. You have a cash balance, then you have like a cash yield balance that it's the amount of money that you want to be earning, the 6%, you can put it all in there if you want. And then you have your bitcoin. And then eventually as we get our charters and we work with the regulators and stuff because obviously the banking regulators are like, well, we don't want you guys basically taking people's deposits and lending it out. That's, that's banking regulation. You're not allowed to do that. And we're like, it's over collateralized bitcoin loans. It's not the same as what these idiot Wall street guys are doing. Nonetheless, I'm curious in the live chat, in the comments, what talk to me about this product because you guys have been hammering me. We want yield on cash. We want yield on cash. And I thought about it and was like, holy shit. Strike has an opportunity to actually do this better than anyone in the world. Because who else in the world has a market of bitcoiners willing to borrow against their Bitcoin and pay something like 6, 7, 8, 9%? Who else has that market? We uniquely have that market. We're becoming one of the biggest bitcoin backed lenders in the world. And so if we have that market, we can actually pay people far more than the Fed can pay them. So I'm trying to get this product to market without, you know, making regulators all upset. We're getting all sorts of licensing so that we can do this globally. Imagine this. Imagine someone In Argentina holding USDT can get 6 or 7% yield on their cash by helping finance someone in New York's loan against their bitcoin. How cool is that? A global market of people lending, productive people lending to productive people with STRIKE helping facilitate it in a compliant, trustworthy way. So let me know what you guys think. Let me know your feedback. I'm curious if you guys would want to use it or not. Obviously we're not going to build it if you don't want it. Either way it's coming. It's just a matter of how soon we can get it there simply because of regulation. And then 21, I have the same update week over week. I know many of you are frustrated by that, but we are working on what will inevitably become our operating business. The strategy hasn't changed. The mission and vision have not Changed. And as I feel it's appropriate and I'm allowed to speak more on it, I will. And with that, we'll do some Q and A. Not too bad. Little under 90 minutes there. Okay, let's pull up Dylan's. Let me blow this up. Look at that. New haircut, ladies. Keep it together now. Okay, focus. Show's not over. New haircut alert. Okay. You guys hear those sniffles, man? Even the carnivore diet couldn't protect me from whatever's going around. The new Covid is what I heard. It's called New Covid. All right, let's see Dylan's Q and A document. Oh, I do have a relevant story for you guys. So I was getting my hair cut and, oh, man, do not feel good. I was getting my hair cut, and the barber was like, do you think it's weird that I have kids and I stay in the city? I didn't move my family to the suburbs. I was like, no, not necessarily. I don't know. You do whatever the you want. I don't care. And I asked her, though, I said, why do you think that that's a trend? I obviously had my own opinion, but I was curious to hear. So why do you think people are staying in the city to raise their family and they're not buying land in the suburbs, more space? Because I was asking her, like, what. What do you like about the city versus not like. She's like, well, it's lively. You're never bored. The food's probably better. You know, your restaurant around the corner in Chicago is probably better than the restaurant around the corner in the suburb. But I will say it's not a lot of space. We don't have a yard, you know, so on and so forth. And so I say, what? Why do you think that is? Why do you think that that's a more common thing for people, Younger people having children? Why do. And she goes, well, maybe, you know, we're prioritizing ourselves, and we want to still have a good time. We still want to be out and about on the town. And I kept challenging her and challenging her until she realized and admitted it's because we can't afford it. We can't. We can't afford the land in the suburbs. And I asked her a question. I said, do you think that your grandfather had an estate with acres of land and your father had a house with a yard, and you have a condo in the city and your kid is going to have a closet in that condo? Do you see that? Pattern where, like, each generation can afford less and less land, less and less consumption of energy. It was an interest. It was just interesting. I was just interesting to see how people not stuck in my universe are perceiving the reality that your grandfather had acres of land. Your father raised you in a suburb with a huge backyard. You're in a condo in the city with no yard. Who knows what your kid's going to grow up in the metaverse anyways? All right, let's do this. Question 1. Will nations always need the ability to print money for purposes of the need for lending and borrowing in modern economies? We are extremely interested in your perspective and insight. Much love. Like I said, money is time and energy in an abstracted form. The ability to print it is a cheat code. I don't foresee people giving up that superpower very easily. Like, people talk about El Salvador adopting Bitcoin all the time, but El Salvador wasn't printing its own currency. Right. It was on someone else's currency. It was on the dollar. Still is. And so I would just. It's an interesting one. It's. So anyways, do I think they will need to be able to print money? Not necessarily need, but do I think that they will continue like, this chapter of fiat will last longer than we probably think? Just because it's going to be really difficult to disarm people that can print money, they're not going to give that up very easily. So. And I'm not sure lending and borrowing requires money printing. The current. Like there are current forms of lending and borrowing that do, but I'm not sure that those are required for a society to function. I think that I could say, hey, I have some bitcoin. I'm willing to post it to get a loan to build this restaurant that doesn't. Shouldn't require money printing necessarily. And by the way, yeah, there's. Anyways, I digress. Man, you guys hear my voice? One second. Let me cough. Man of the people. Flu game. Flu game. What's the one signal, market or societal, where you'd say the game is over? Where confidence breaks, not price, and people finally realize the system isn't solvent, but just liquid. Oh, man, I don't know. I mean, you could argue that people already think that probably U.S. treasury yields above 5% or some obnoxious. Actually, I take that back. Some obnoxious inflation rate, like inflation rates, 25, 50% systems fully broken. The. The dollar thing that you're holding is utterly and completely worthless. Every second that you're holding on to it you're risking less and less purchasing power. Like that's hyper. Some form of like Argentina hyperinflation, I would say. I assume you're talking about America, Jack. We know they will print the money. Can you explain how we also know that money will eventually flow into bitcoin. What if it's used to buy other assets instead? Well, I mean, inflation. Like, how do I know the money will flow into eggs? We don't. We can make a, like a assumption based on prior data and societal norms that people are going to want eggs. I mean, the assumption is very simple. There's a fixed amount of bitcoins and there's an increasing amount to fiat. So there's more units of fiat going after the same amount of bitcoin coins. And then you have inflation projections on other things based on how scarce it is. So you know, there's 2% more gold supply mined into the world each year and an increasing amount of fiat. So then you can make speculative guesses on how, how much gold will go up. But it's a pretty simple calculus which is, you know, if there's an increasing more units of fiat currency. Now, why would someone elect Bitcoin? Well, it has all the monetary properties that you care about. You know, capital usually finds monies that are scarce, divisible, easily transferable, easy to store, easy to verify. That's why. So in a world of excess fiat units chasing after a relatively scarce amount of goods and services, then people are going to be like, well, because what happens is a lot of money sprinted and then the price of copper goes up a lot. And then what do copper miners do? They mine the out of copper. And so then copper experiences this inflationary period of a ton of new supply coming online because it's economical for copper miners to do. So it wasn't economical for them to invest so much money into new mines, into hiring all sorts of new staff to produce all this new copper because the price wasn't high enough. But if you get the price high enough. So anyways, my point is supply follows demand, demand falls supply. It, it's, it's. So what people in the market try and do is find something that's inelastic. So you're trying to find something that it doesn't matter how high the price goes it, you can't make any more. And so people end up investing in really scarce, luxurious real estate or gold, and inevitably bitcoin, because you cannot, you know, supply can't follow price. You know, so that's the general idea. It's not a guarantee. Obviously there is a world where in which they print a lot of money and nobody buys bitcoin. But there's a world, they print a lot of money and no one buys a house. There's a world, they print a lot of money and no one buys groceries. There's a world, they print a lot of money and no one buys water. I, I think it's a fairly safe assumption that, you know, bitcoin's the size of any big tech company at this point. It's a globally recognized monetary unit. It's the best money in regards to properties. So I think we're beyond the point of we might live through a hyperinflationary period and no one's interested in bitcoin. You know, you got Morgan Stanley and Blackrock now competing with ETF products. I think we are past that point. Hi, Jack. Any advice or stories about how to cope when attempts to orange pill friends and family go wrong? They become absolutely sure you're in a cult without listening to any of the info? Yeah, man, I don't know. I. I guess. What do you mean by cope? Like how to end up convincing them or how to deal with your sad emotions? I mean, we've talked about this on the show before. It sucks. You know, bitcoin, unfortunately, Saylor says it's on a need to know basis. When you really need bitcoin is when you truly seem to understand it. If, if your life's going fine and you're healthy and you're happy and you just won the lottery, you don't have the most incentive to understand bitcoin. Who cares? Debasement. What? I just won the Mega Ball or whatever it's called, who cares? But if you're working your ass off and your bonus and your, and your pay raise still can't get you to afford the house, you still can't find a way to finance the four kid family that you've always wanted, then maybe you turn to things like bitcoin. So I've found that you got to be persistent, kind, patient. And they got a need to know. I do. And that's why it really is cyclical too because, you know, there's credit cycles and monetary expansion cycles and people's need and desire to figure out something that can benefit their life. It obviously it's highly dependent. It's contextual. These things change. So I guess that would be because I've gone through the same thing. There are, believe it or not, guys, there are still friends of mine that refuse to listen to me. Whenever I bring up bitcoin, same thing. They leave the room, close their ears, tune out. Like, I can't stand when jacked. Like, it's a. It's a thing for me and my friends. Like, I don't talk about work when I'm out with my buddies from high school and stuff. Like, people are sick of hearing about my bitcoin stuff and they don't want. Like, it's all about sports. Talk about something else and. But every now and then, one of them calls and says, hey, you know, I got a little bit of cash. I've been hearing some of your shows. Can you help me out? And so it's a. It's a need to know thing. You know, people that need this solution in their life will seek it out. So I don't know, I've just always kind of positioned myself as, you know, patient, respectful, passionate, knowledgeable. And whenever you need help, you give me a call. I don't know if that's useful for you, but that's been. That's been my life for a long time. Almost 14 years. I have a question for Jack. Hey, Jack. Big fan of all your work you've been putting in to make the world a more fair and honest place. I've been watching your show for years and I tune in every week. Thank you. That means a lot. I appreciate that. What are your thoughts on if bitcoin can ever become the global money countries transact in? Will countries currencies ever be fully backed by bitcoin? Well, you know what's interesting is it's certainly possible because that's kind of what happened with gold. You know, if you were a country and you wanted to transact and trade globally, no one would really trust you and trade with you unless you had some gold reserves. Like, I'm not trusting this guy. Like, show me the gold. Like, show me something that you can't just print out of thin air or sanction or lie and manipulate. That's how it used to be. And that's kind of what we're reverting back to. Like, we are demonetizing treasuries, US Bonds, and we are re monetizing gold seemingly. And when I say we, I mean the human population. Gold's going up a lot. It seems like China is de facto backing their currency with gold. And so we could easily see a world like what Iran is doing in the Strait of Hormuz, where if you don't have Chinese yuan, you're not getting through. And to get Chinese yuan. We've talked about this. No one's running a deficit. China's not running a deficit with anybody. So the only way to get Chinese yuan is to buy gold and then sell the gold for Chinese one. So the flow of funds is sell dollars for gold, sell gold for Chinese yuan. So that is de facto requiring gold to be participating in global trade. So could we see a world where bitcoin is the same where like I'm not going to just send you money, like post a proof of reserves bitcoin address like you have actual coins to like back this or. Honestly the only reason we do the gold backed stuff is because you can't just send gold over the Internet. At that point we'll probably just be sending bitcoins. But is that possible? 100%? Absolutely. I again I caution you guys with the world can remain irrational far longer than you can remain solvent. That just means that like things take time, change takes time. Be patient. Don't be surprised if the end of fiat takes 20 years, takes 15 years, takes 10 years. Don't, don't bet at all on the next week. So like I said, earn more than you spend. Be net productive, take care of your body, be around for the next 40 years. Don't eat at this industrial sludge. Be aware that metabolic disease and cancer rates are dangerously high and impacting all ages. Be aware, do some research and just be here with us during the revolution. So I'd caution you with that, but is it possible? Absolutely. 100%. 100%. That's kind of a version of the world we've are, we already know has been lived. So we'll see. Will we the people ever buy and sell goods and services in bitcoin? Does the five transactions per second limit restrict that ability for the world to spend bitcoin as money? No. Bitcoin can scale to the required levels necessary to conduct commerce in the world. That's not an issue. It scales in layers. We talked about this a little last episode. But you know, no protocol. Even the Internet, the Internet's not one layer. The Internet's seven layers. The Lightning network is a second layer on top of Bitcoin. You can imagine the potential to build five more on top of that. So bitcoin will scale in layers, things like payment channels. Not everything needs to be settled on the bitcoin blockchain itself. So the five transactions per second, that limit, it's actually has to do with. I talked about this last, last episode. How fast information and light can travel. Satoshi had to ensure that he gave the world enough time to reach consensus on average, every so on, like every. He decided ten minutes. If you. If you allow consensus to be achieved every millisecond, well, then there's going to be a chain split. There's going to be two versions of bitcoin that carry off into the future because you don't give enough time for nodes to propagate the information, validate the information, come to consensus of ordering of transactions, and mine a block. And so bitcoin was never going to be one second blocks or five seconds. It's pointless. It's useless. It's dangerous for the world to share one unified ledger. Think about that. You want the world to have one freely open, transparent, auditable ledger. That's the whole point. If you want fast transactions, you can build on top of that. But what you need to optimize for is to have that. And to get that, you got to give the world enough time to achieve consensus. And so 10 minutes, Satoshi talks about. It's a fairly arbitrary number. It's long enough to be safe in any, you know, dangerous territory of speed of light and information travel, but it's short enough to not be painful. 10 minutes is. I mean, it's not the end of the world. It's. You'll be fine. If you're waiting on a block confirmation, you'll be okay. And that's literally how he got there. I can pull up the quotes for next episode, but he. He says it was arbitrary. It solved for the speed of light and information travel, and it was quick enough to where, I don't know. The world will figure it out. That's pretty much what he said. And then, yeah, I. I've said this last episode, I think that people aren't using Bitcoin for goods and services because of Gresham's Law. Because people don't want to spend the money. That is appreciating. Like I've told you guys, I have paintings and furniture in my house. I've spent. I spent six bitcoins on a painting that at the time was 300. I think it was. Bitcoin was like 50 bucks a coin, something like that. And what are you gonna do? This painting now, I guess is worth 300 some odd grand. That's ridiculous. No, it's not. That was a mistake. Shouldn't have done that. Whatever. You live and you learn, but people don't want to experience the pizza guy. People don't want to be like me. People want to save the bitcoin and spend the dollars. And the other thing is, Apple Pay is not a bad product. People like Apple Pay works. People don't have a problem with it. People don't mind it. It's not a pain in people's lives. What's a pain in people's lives is working as hard as you can and never being able to move your family to the side suburbs, never being able to have as many kids as you've always wanted to have. Never been able to consume as much energy and cars and travel as you need to, needing to consume a shitty diet that's giving you diseases that are killing you. Like, that is a more severe problem that people are experiencing. Apple Pay is fine, and Apple Pay it. You know, these credit card companies charge the merchants 2 to 5% and. And they're giving you all that in rewards. So people are also, like, bribed to use credit cards because they're getting paid to use credit cards, right? They're like, you know, I'm getting free flights and Napa Valley wine and access to lounges and cash back. Why would I use bitcoin? I don't get any of that. And I'm selling an asset that could 10x in the next 12 months. That's why I don't think it's being adopted as much. It will eventually get adopted, but right now it has nothing to do with the people that say bitcoin's too slow and too expensive are just trying to sell you their shitcoin. They're like, bitcoin's too slow and way too expensive. Buy my shitcoin. It's like, it's not too slow and too expensive. It's engineered very responsibly. And the reason people aren't using Bitcoin has nothing to do, like, the lightning network works. Square's turning it on. Everything's like, ready and working. It's just. People just don't have the incentive. It's not like a massive problem. People. People like their cash back on their card. Apple Pay, you just tap it. It works. And people would rather save in bitcoin for now and use a bitcoin line of credit. That's what I think, at least. Hold on. Sniffles okay, I'm back. Okay, strike. Questions, Jack, is there any news on the yield on cash product? Thank you, my man. We're working on it. Like I said, there are different ways we can get it to market sooner. Like if we have a separate yield balance that's accruing the yield in a stable coin, technically. Let us know. Give us Your feedback. We want to get it as to the market as soon as we can. Like I said, we're pursuing our own licenses to do a lot of this work ourselves. In the meantime, there are ways to get it to market, but we want your feedback. Hi Jack, I'd love to use Strike, but I'm not a smartphone user. I'd love to see a version of Strike that I can use on my computer. We have Dashboard Strike me. I see the notes from my colleague. She's jealous that you can live your life without your smartphone. So am I. That is impressive feat. We have Dashboard Strike me. So we have a dashboard on the web. You guys can go use it. It's almost feature parody with the phone and give us feedback. If it's missing something or if there's something on there that you don't like, let us know. But if you just didn't know it existed, today's your lucky day. You can use Strike on the web on your dashboard or on, excuse me, on your desktop. No problem. Strike feature request. Can you please create a way to download account history over user selected date range? I just want a simple CSV file. Not one for March, another for February. We are going to build this this year. It is on our roadmap. Do not fret. This is coming. Hey Jack, any plan to open business in Vietnam given it currently has open policy to attract crypto businesses in its newly built international finance center? We are in Vietnam. I don't know what the VIFCHCM is, but we are in Vietnam. Let us know what you think of the product. Some of the markets around the world don't have the same features as the US so just a fair warning but download, give it a try and let us know what you think, what it's missing, if it's missing anything. And we will hopefully build it. Strike question is there a timeline for when customers can pool their money to lend it out for bitcoin backed loans and herd earn higher yield? Oh whoops. I wasn't supposed to read that because it's the same question. Yes, we're building it. You guys just need to give us feedback on if you want this like version that turns the cash that you're earning yield on into a stable coin so that we can be compliant with current rules. Or if you're like yuck, I don't want that. I'd rather wait. Just let me, let me know. But yes, we're building it. Okay. Other questions, few left. What's your long term for this podcast? Should they stand the test of time or will you remove each after a while? I don't know. I'm not a big fan of. I don't delete anything. I also don't block people. I actually checked. I only had one person blocked and it was my ex girlfriend, which I must, I must have blocked her a long time ago. So I unblocked her. And my point is, I don't, I don't believe. I don't block people. I don't delete. We have a saying at the company. You know, truth is on our side. We don't live with secrets. We don't live with information asymmetry. What you see is what you get. We're not trying to convince you we're someone we're not. This is who we are. This is what we do, and this is what we've built. And we're happy to serve those that find value in our products. This is who we are. And so I don't. I don't have a long term plan for this, to be totally honest. Honestly, you know, I. After, in 2021, after all the El Salvador stuff and we integrated lightning into Twitter, we were doing a lot of media going on a lot of podcasts and it was great because, I don't know, just. I've told you guys, I think what we're building is more than just software. Like, I've talked about this before. The way I dress, the way I act. I am unapologet, unapologetically myself on purpose. Of course, I could be wearing a button up right now. Of course, I could watch my cursing. But I think the world is sick of politicians. They're sick of, you know, old white corporate executives that are here to lecture you and be these like, robotic figures because the board told them to do so. That shit. That's not what we need right now. We need someone to spit it straight, spit it real like it's. It's a one of us movement. Like we're all just people trying. Like, none of us want bad or harm on anyone else. We all just want to have family, want to be able to eat dinner together, want to be able to own that home, go on that vacation, fall in love, have kids, be old enough to watch those kids. Have kids, not die of disease. That's all we want. You just want a normal person that can spit it to me straight and speaking a language I can understand. That's all I've ever wanted to do. And I wanted to be that person because I am that person. And I believe that the world has lost character, touch, a sense of relatability. So anyways, to bring it full circle, I started to get like. I remember when I said Jamie Dimon was Epstein's banker, that a lot of the media kind of like kicked me out and blackballed me a bit. And I end up going to Dylan and saying, like, dude, this, we should have our own show. And who knows? Maybe nobody will listen. Maybe a lot of people will listen. I don't really care, but it'll be a place for me to just kind of say what I want to say and be who I want to be. I like my Empty closet. I think it's funny. I think it says more than words can. I think it triggers people that need to look in the mirror. I think it's kind of hilarious. I like wearing T shirts and hats. Why? Because I'm a fucking normal dude. After this, I'm gonna go watch the college basketball national championship like a normal 31 year old person. I'm not gonna pretend to you guys. I'm on another level. Corporate analyst. None of that. That, that. And that's the whole point of the show. I have my own voice. No one can censor me, say what I want. Who knows? Maybe people stop listening to it. Maybe it gets popular. I don't have a plan for it. I think that's the point. The point is to just, like, have a corner to express myself and. And inspire all of. All of the us is out there. How many of you guys just want a family? You just want to be old enough to watch your kids grow up. You just want to be able to look at your wife or your husband or whoever and say, like, I got. I got us. I got us a house. Our kids have a yard. We don't have to worry about food. We don't have to worry about our health. I got it. That's what we all want. We all want a chance at a life worth living. I don't know. That's what this podcast is for. Buy the Common man for the Common Man. I'm not deleting. Hey, Jack. I study economics at Cambridge, but it's misaligned. Oh, wait. Whoops. Wait. Dylan, what is this one? Oh, I loved last week's Grind My Gears. Big basketball fan. And hearing your personal experiences and how they relate to Duke's loss was great. I hope that's true. Question. Who do you think is going to win tonight? I don't know. You guys want me to talk basketball? I'll tell you this. A healthy Duke team beat this Michigan team. It was at a neutral, neutral stadium in Washington, D.C. so it wasn't a home game, either. We beat Michigan. So just a reminder for all the haters out there, people forget Shire was trying to go to the Final Four with two starters. Had a fractured foot. Brutal. But this Michigan team's good, man. I mean, if Arizona's good, then this Michigan team's great. So, I mean, part of me, the brain in me, thinks Michigan's gonna win. Although I will say this. I was telling this to Dylan. You know, two of the most underrated things deep in March are health and coaching. You know, it's not. When you're playing in April. It's not always about, you know, how bad Michigan beat Wisconsin in February. It's not. That's when you're like, bracketology, trying to pick the perfect bracket. You're like, oh, well, Michigan's point differential and against teams that guard, that play two, three. No, no, no, no, no. This late. When you're playing in April, if you're playing in April, how healthy are you and how well coached are you? I'll tell you this. UConn's healthier than Michigan. Yaxel Lindenberg, that's Michigan's best player, Michigan's lottery pick. He's hurt. He had a strained or torn mcl. He's playing through. I mean, he's obviously going to suit up, but I mean, it like, what, he roll his ankle and tears MCL or something? Or spraying it or something? I mean, that's insane. So they're not very healthy, and Hurley's better coach. So I would say my brain, Michigan, my heart. Though I'd rather UConn, because I can't stand Michigan fans just being in Chicago. Yuck, yuck, yuck. And I don't mind Hurley, and I think they're better, coach. It's a better story. That's March, so I don't know. There's my answer. Okay, I'm gonna go get some bone broth and watch this game. Your boy's sick, but I appreciate you guys, man. Listen, you know, we go back and forth, all the tough guys out there, all the troll boxes and stuff, you know, I care about you guys, man. The grind, my gears. And I do. And. And I'm not saying it in a disingenuous way, like, you don't even know me. Yeah, of course I don't know you. Come on. I'm not. Get the out of here. I know I don't know you. I'm saying I care about Us. I care about the collective us. I'm telling you right now, the money's being debased, the health is. I mean, the cancer rates are. It's scary, man. It really is. I'm not going to lie to you guys. It's fucking scary. You got eight year olds dying of colon cancer. That's. That's scary. Cancer scientifically cannot grow and survive without being fed. We are somehow accidentally killing 8 year old kids, feeding them bad diets, putting their bodies in seriously inflamed states, and allowing cancer to kill these kids. Like, the food quality is bad. The societal norms are bad. The political violence is bad. The conflicts in the Middle east is bad. The monetary policy is bad. So, you know, like I've said here, actually let me end the episode this way. Hold on. It'll take a second, but I think it'll be worth it. Give me a sec. Albums. I've got an album on my phone inspired by Gigi. It's called Gigi. Shout out to Gigi. One of the greatest bitcoiners ever. Okay, now I just need to project this onto my computer. Okay, this is how we're ending the episode today. Oops. There we go. Let me make myself smaller. This quote. I am convinced that any attempt to restore harmony in the world can only rest on the renewal of personal responsibility. We can do this. We've got. Think about it. This is the best timeline to be born into. You were born in a time where Satoshi created bitcoin. AI is in your pocket. I'm walking around talking to my phone and my phone is a combination of all the intelligence that's ever existed. You get bitcoin, you get AI, you get the Internet. We can do this. But harmony is only restorable with the renewal of personal responsibility. You can save you. No one else can save you. Only you can save you. You can earn more than you spend and stack those sats. You can go to the gym. You can ensure that good quality food is in your body. Take a look at autophagy. Learn what ketosis is. You don't have to copy me. Just be educated. Be careful. Like these. I'm shocked the media isn't reporting more on the level of disease growth in this country. It's terrifying. So I care about you guys genuinely. I want to see us all win. But it's up to us. No one's coming to save us. I promise you that. We are the revolution. Genuinely, the cool thing about these tools, like, I've been able to stack bitcoin, eat a good diet and solve my own problems. I don't need millions of people to copy me. Bitcoin has been able. Bitcoin saved me and my health. Journeys kept me healthy. So you have the tools to help yourself. We don't need this revolution could just be just us. We want the billions of people to follow us. Eventually they will. But they don't have to. We have what we need. Think about that tonight. Think about that you have what you need to succeed, overcome. And when you do, just be wary of the battles that are and what you're fighting against. And be careful out there. And with that, I will see you guys later. Much love always. Feedback Comments good or bad? Leave them, leave them below. I'll read them all. You know, as long as I'm gonna yap for two hours, I might as well take some constructive criticism and try and be better. Cool. I'll talk to you guys next week. Take care. Love you. See ya.