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✔️ Bitcoin’s Floor is the Real Story
✔️ We've completed 75% of the bear market.
✔️ Bottom is in for Bitcoin
✔️ Bitcoin's Potential flight path
✔️ VanEck says US money printing to fund the Iran war could send Bitcoin higher
✔️ Gold has lost its mojo while Bitcoin is finding its footing
✔️ 10 Bitcoin and crypto companies have banking charters awaiting approval
✔️ Kentucky removes anti self custody provisions from Digital Asset Act
✔️ Bitcoin and cash take larger share of Cardano Foundation reserves
✔️ Block is bringing back the bitcoin faucet.
✔️ Got bitcoin?, No internet? No problem!
✔️ Sources:
► https://x.com/david_eng_mba/status/2040108197760114699?s=52&t=CKH2brGypO5fEYTgQ-EFhQ
► https://x.com/killaxbt/status/2040421148471496773?s=52&t=CKH2brGypO5fEYTgQ-EFhQ
► https://x.com/alemzadehc/status/2040052215788798363?s=52&t=CKH2brGypO5fEYTgQ-EFhQ
► https://x.com/superbitcoinbro/status/2040183208315326941?s=52&t=CKH2brGypO5fEYTgQ-EFhQ
► https://x.com/bitcoinarchive/status/2040290099460497725?s=52&t=CKH2brGypO5fEYTgQ-EFhQ
► https://x.com/timmerfidelity/status/2040096993289117735?s=52&t=CKH2brGypO5fEYTgQ-EFhQ
► https://x.com/bitcoinarchive/status/2040085612653347108?s=52&t=CKH2brGypO5fEYTgQ-EFhQ
► https://x.com/bitcoinarchive/status/2040025867699486803?s=52&t=CKH2brGypO5fEYTgQ-EFhQ
► https://coingape.com/kentucky-eases-crypto-rules-by-removing-self-custody-restrictions/
► https://cryptoslate.com/cardano-foundation-reduces-ada-exposure-bitcoin-cash-reserves/
► https://x.com/tftc21/status/2040103848354947138?s=52&t=CKH2brGypO5fEYTgQ-EFhQ
► https://x.com/mork1e/status/2040478966616637945?s=52&t=CKH2brGypO5fEYTgQ-EFhQ
► https://x.com/bitshala_org/status/2039685672358064306?s=52&t=CKH2brGypO5fEYTgQ-EFhQ
► DONATE TO HELP KEONNE AND BILL https://www.change.org/p/stand-up-for-freedom-pardon-the-innocent-coders-jailed-for-building-privacy-tools
✔️ Check out Our Bitcoin Only Sponsors!
► https://archemp.co/
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Good morning. Welcome back to the pleb underground. I'm your host, Bill. Hope you guys had a great Easter weekend.
Got a whole lot of stories we're gonna cover.
It's pretty crazy the amount of drama that happens over the weekend and we are gonna dive into it. Here we go. Some of the stuff that we are gonna be covering today.
Bitcoin's floor is the real story. We're gonna show you why we've completed 75% of the bear market. Maybe the bottom is in for Bitcoin.
Bitcoin's potential flight path from this level. What's what can we expect? We're gonna take a look at some of the Hopi out there. Got a whole lot of positive comments coming out of Vanick.
And while gold has seemingly lost its mojo did Bitcoin find its footing. Maybe we've got some charts that show how flows are going into Bitcoin out of gold. I don't know.
Anyways, what else are we gonna take a look at? There's 10 Bitcoin and crypto companies that have banking charters awaiting approval.
We'll take a look at that story as well. What else do we have here? Oh, interesting one from the Cardano foundation, right? Apparently they're holding more Bitcoin.
But is that the whole entire story? And guess what guys? Block brought back the Bitcoin faucet. Some people are cheering and of course some people are hating on it.
We're gonna take a look at the faucet and for the for some cool stuff. You've got Bitcoin and you don't have internet. Guess what? There's actually no problem.
Yeah, we're gonna take a look at what's happening there. Guys, it's gonna be a fun show. Let's freaking do it. And don't forget tonight 8 30 PM.
It's gonna be Bitcoin tonight. All right, let's go.
Leb Underground is sponsored by Archimedes Emporium. Discover the pinnacle of precision engineering starting with their Bitcoin logo wall clock, meticulously machined in Maine from a solid block of aerospace grade aluminum ensuring unparalleled durability and performance experience the difference of a product made without compromise head on over to Archimedes Emporium.
All right, we are gonna kick it off with some good morning say good morning shift happens. Good morning turbo and good morning CP digital. All right, let's kick it off with the numbers.
All right, so not a bad weekend, a little Sunday, a little Sunday pump. I know, I know I'm not I don't get too excited with these like one and three percent moves and whatnot, but still gotta, you know, it helps maintain the hopium. So let's dive into it.
The Bitcoin Fiat Exchange 69,992 new all time high on the block height 943,937.
Ah, fast as fee. Still wants that per V by say it ain't so everybody could just use Bitcoin if they want. That's awful. Apparently total public lightning capacity 5,677.
Not bad, not bad. We, we, I'd like to see it break the 6K Bitcoin, right? I've been watching this for a long time. I'd like to see it break. What else? And guess what? On Friday, we were only getting like 14,700 coffees per Bitcoin. Now we're getting 15,555 coffees for Bitcoin. It's not bad. Not bad at all. Take it. I'll take it and those are the numbers.
That's right. Are we actually going to get a, oh, 70K nice. We just broke seven. Okay, maybe we'll, maybe we'll stop and we'll take a look at the, we'll stop and we'll take a look at the chart.
Well, BTC moon guy, are we finally going to pump during your show? I know, right? It's, sometimes, man, sometimes I'll sit there and I'll see it like pumping before and I'm like, yes, it's going to be good, you know, like we're actually pumping during the show. It's get people excited and I kid you.
It's like the universe just kicks me in the nuts, but that's okay. I don't actually think it's, that's what's happening. Okay. Anyways, let's dive into the, let's dive into the, the, the hopeium guys. Here we go. You know, I'm kicking it off with David ENG NBA.
And you know what? I know that this guy puts out amazing hopeium and I'll tell you why because the power log guy Giovanni likes this guy.
They, they sing the same tune. So right there, I know the brand of hopeium is very similar. So let's dive into it. Bitcoin's floor is the real story. I agree with this. Believe it or not, Bitcoin's floor is what has kept my hopeium going for many years.
Anyways, using a more conservative 5.8 floor exponent and anchoring today's floor at 65 9, the floor still rises to here we go guys.
91,000 in a year, 167,000 in 3289 K in 5 936,000 dollar Bitcoin in 10 years that he's calculating the floor. Okay. That's what I'm talking about. That's a frickin decent hopeium.
The floor reaches a million dollars by around July 2036. I should still be alive then. I said, I'd love to see that. I'd love to see a million dollar floor on Bitcoin provided a loaf of bread doesn't cost a hundred thousand dollars. Right? Like all of this is relative like million dollar floor on Bitcoin.
Yeah, it's fantastic. But like if we're sitting there and like it's costing you know a hundred K for a loaf of bread, it's not going to mean very much not going to be much at all.
Is that what's going on still Albert and still talking about the separation. Yeah. Oh, okay. Very nice. 45 will be the bottom. I'm holding for a bit longer sweet. Yeah, we've got a few people that believe that we're going to see 45 before we get the ultimate bounce.
I personally I don't want it to go there. Right? Like that. That's the diff. I don't want it to go there. But if it does so be it. Right? Like that's that's just what it is. I'm not going to I'm not going to lie to myself and say it can't go there. You know, it's like no, that's not how this works. Bitcoin does continue to surprise people both to the upside and to the downside. So volatility is vitality is that what they keep telling us. Right?
It's volatility is vitality. Okay. Okay. So here we go. The long run Kager from 65,09 to a million over that path is about 30% a year. Everyone watches the price almost no one watches the level Bitcoin refuses to stay below for long. It is time compounding underneath the asset.
I'm going to tell you that's that's doing it for me guys. I'm sold. I'm sold on this. And there you go. Of course, we get the
Take me take away my logos. You can actually see the top of the charts. There you go. Right? Bitcoin historical price chart plus the power law up and to the right. There is nothing new under the sun.
Okay, here we go, guys, more hopium in this direction. Okay. This one's from Kila XBT. I like this one. Okay. So he cracked the code. We bought him this year in August, September, latest earlier than previous cycles.
It I'll take that because we did start to pump before previous cycles. Anyways, it then takes BTC just under a year to create a new all time high.
Based on the math, we're 427 days away from creating a new all time high. And we are 120 days away from creating a bottom. That means we form a new all time high precisely between April and August 2027. Based on this metric, we have completed 75% of the bear market.
Kind of feel like this is better. Kind of feel like this is better. Hopium. Anyways, still nice though. Still nice.
The cycles are accelerating the shorter bear markets are faster and faster recoveries in the next year. I'm either going to look like a genius or a complete fool.
This is my prediction based on current patterns and their timing. I mean, look, at least at least Kila XBT is being self aware. I think that that's very important.
There's nothing wrong with making predictions. We all speculate. We all make predictions, right?
It's when you do the mental gymnastics to somehow validate your prediction is rooted in some type of fact that this is where this is where I I will lose. That's where I get lost. And I can't help it. Right.
And again, I know the power law guys tend to do that. Right. They believe that mathematically. This is what Bitcoin's going to do. And hey, I appreciate the Hopium. Right. And it's valid until it isn't.
And this is why I go back to Bitcoin's qualities. Right. The fact that it's censorship resistant. The fact that the government can't create more of it.
The fact that there is a hard cap. The fact that it's backed by proof of work. These are these are elements that I can look at outside of speculative properties. These are not speculative properties. That's what Bitcoin is. Full stop. Anyways, anyways. Okay. More, more of the bottom is in for Bitcoin. And the proof here from Kush is the snapshot from 2022.
So he's comparing essentially the 2022 drawdown to what we're seeing right now.
Again, right. I'm happy to call the bottom. I'm happy for that. You know, and I know that Roman also thinks it's the bottom. So, you know, and he's my quant. So if Roman says we bought him the 60k, he's my quant.
More fun stuff. Super, bro. Let's go. Here it is guys. The potential flight path. If the bottom is in get ready. Get ready. This is like a Rorschach test.
Boobs are butts. Nobody knows. Could be either. It's in the eye of the beholder, but it looks like we're doing either the boots. Either the boobs are the butts pattern. I'll take it boobs. Okay. Yeah. I'm also. I'm of the the boobs persuasion. So I'm going to go to the boobs pattern. Some people might see butts.
That would put us.
Okay, would put us around me. All right.
Let's see. Six weeks, guys. Six weeks. Sorry. Four weeks. My bad. See if that actually. We'll see if that actually plays out.
Okay. Here we go. Here we go. Some hopium from Vanack.
I don't like the war. Hopium. Right. Like it's it's a double edged sword. Right. Because obviously war is war. Okay. Like there's there's no point in like there's no sugar coating any of that.
But the sad reality is is that there are going to be businesses that do prosper from war. I mean, that's unfortunately it is one of the most lucrative things in humanity that we have seen time and time again.
Anyways, so $200 billion asset manager van X says US money printing to fund the Iran war could send Bitcoin higher. And his claim is that the bill is going to come do or the war.
So let's take a listen to what he had to say. Because as far away the biggest one out there. There are now retail avenues institutional avenues by which you can use exchange traded products. You don't have to have a digital wallet yourself.
What exactly does that kind of demand profile look like and how has it changed say since the beginning of the war to where we are now has a materially been affected by the kind of price volatility that we've seen.
Adoption continues to grow and the best leading indicator is the surveys whether you ask retail investors or institutional investors.
Do you plan to allocate more to this asset class in the future? The answer is yes. And we're seeing that at the sovereign level where the first central bank has just bought Bitcoin for its foreign exchange reserves.
We're seeing that obviously across Wall Street, you know, whether it's Morgan Stanley filing for a Bitcoin ETF and the retail investor, especially outside the US, you know, continues to allocate.
So at some point the bill for this war will come do and the fiscal and monetary largest in G7 will become dominant again from a narrative perspective.
Interesting.
Doesn't that imply that they're not already printing money I mean like that's which we know that we know that the government is so.
Something I've said in the past multiple times and I am not 100% sure obviously if it's if it's right or not but it seems to fit the ongoing situation but essentially it's this right because we understand that the entire economy is debt based right meaning of course that death is the.
Is the original tool right hey good morning plastic so essentially what it means is is that there is no economy without debt right from the first dollar of creation.
There was already interest to be paid there was already interest owed right money that didn't exist is already owed for money that is put into existence.
So this idea that these events cause us to print right it's an idea that helps keep maybe it's an idea that helps keep the peace right maybe it's an idea that that helps people stop or stops people from seeing the truth about how money actually works.
But the reality is is that because it was it's a debt based system the printing was always going to this is this is it's inevitable okay but the thing that we didn't have and the thing that we don't have in the thing that we use the most are the stories right the stories help validate the constant printing the stories help validate the different paths that we take.
However the inevitability of endless money printing is always there it's just something to think about you know when we listen to these analysts I know these you guys this is what they studied but it's just it's just interesting to me that like it's like no no the printing was always going to happen it was endless you just needed to stick stories around it so it just didn't seem that way anyways.
Interesting stuff.
Okay more hope you guys more hope you here we go below we can see that when Bitcoin peaked last October the ETP flows left Bitcoin and jumped on the gold ban wagon here we go guys this is the gold Bitcoin hope you now that gold has lost its mojo Bitcoin is finding its footing the flows of reversed and to jury and timber it's a good way to think about why gold has started acting like Bitcoin and Bitcoin has started.
It acting like gold and boom there you go nice big chart nice big chart showing the rotation of the flows and now essentially these flows are supposedly reversing.
Yeah one of the biggest bullish indicators for BTC is when the Fed starts steadily adding to its balance sheet yep that's right I agree with that too.
More than I hope you might say he must have done the rounds last week so here we go guys the the 10 Bitcoin and crypto companies that have banking charters awaiting approval and let's see what you have to say about this just one thing on the integration between Wall Street and crypto there's 10 crypto companies that have bank.
Banking charters that are going to be approved now these are these are special purpose banking charters but they're going to make it much easier for folks to move value back and forth between fiat rails and crypto rails those paths continue coin basically is got a banking license today in fact and that is going to we think turbo charge adoption in the next cycle all right so let's say hypothetically you are correct about this thesis at what point can investors or what are you telling clients about when we could see $100,000
dollar Bitcoin again if at all I think that's totally reasonable in one year's time totally reasonable one year's time hey look man from you know from your mouth to God's ears why not you know pump my bags but look I mean we all know this right it's it's just third party it's just third party risk if you really just want to actually have if you want to have maximum exposure to the qualities of Bitcoin
you just simply hold Bitcoin in self custody. That's it. It's all of this all of this other stuff and I get it right to the retail stuff. Oh yeah that's right ACP he did he did call 250 in 2026. Somebody actually it's pretty funny that particular video where he was calling for that I showed for the 250K in 2026
Somebody actually obviously commented, right?
Because of course, I'm a nobody, I'm not Tom Lee.
And they were like, you know, he's always right.
Who the hell are you?
You know, it's like, that's right, I'm nobody.
And that's fine.
But he's still wrong.
I can say it doesn't matter who I am.
It's still crazy.
He's still wrong.
But what's interesting is that society,
for the most part, validates stupidity
that makes people feel good.
So that's just, you know, humans,
what we do.
We like that.
Yeah, yeah, Roman, I agree.
The Vanneck guy, no, sorry, not the Vanneck guy.
The guy on, what was that CNBC or whatever?
Yeah, they don't believe in Bitcoin, right?
They just think it's just some passing fad, right?
Which is totally fine.
I mean, look, I remember when the internet was a passing fad
until it wasn't.
I appreciate that.
I love you guys too.
It's all about the plebs.
It really is.
The whole, it was one of the main reasons
I started to really gravitate towards Bitcoin
besides what Bitcoin did for me, right?
It was like, all of a sudden, I was like,
hey, you know, all these people,
they, we all kind of think similarly
and we're willing to argue and think critically
and talk about nuance and something changed,
something changed.
Anyways, let's continue.
We've got more good news guys, more good news.
So I talked about this.
I think it was last week or the week before, right?
Where Kentucky had that provision
about essentially criminalizing self-custody,
but of course, it was more for the purpose
of getting people to move towards the institutions.
Well, guess what?
There was some pushback on that.
Kentucky removed the anti-self-custody provisions
from their blockchain digital act
before final approval.
Good job, Kentucky.
Good job, okay?
Got to preserve freedom.
The initial provisions that lawmakers took into consideration
were those that could require certain custodial systems
to hold cryptocurrencies such as Bitcoin,
the wording provided a regulatory gray zone
that would indirectly restrict non-custodial wallets.
And it's always about that gray zone, right?
This is how the Overton window shifts.
I wonder if Bitcoin is in the AOL era.
I would say so.
I would say so.
Because I think that AI is in the dial-up era.
So maybe we're a little past AOL,
maybe we're at DSL now, right?
Maybe.
I don't know.
All right, so the new bill, this is for Kentucky,
the regulation of licensed digital currency businesses
and not individuals, right?
So they're gonna leave your self-custody alone, right?
But businesses, those businesses,
they are gonna have to conform.
The bill now breaks down commercial
and custodial services from individual ownership.
Yes, thank you, digital subscriber line.
That's what I had before I had cable.
In Montreal, it was Bell Sympatico.
I remember that, Bell Sympatico.
It was amazing the feeling of being able to
so your parents could sit on the phone
and talk about absolutely nothing
and you could be connected to high-speed internet
the whole time.
It was amazing.
It was so crazy.
Yeah, so that's interesting, right?
All wallets are custodial and this,
actually to your point, right?
This has a lot to do with the language that gets used, right?
And this is all part of the co-op thing, right?
That whole idea that somehow Bitcoin
in your custody, your own personal custody
is a non-custodial wallet.
It's funny, the discordianism has a term for this.
It's called Fnord and it's just word, they don't mean shit.
It's hilarious.
Anyways, all right, continue on guys.
Shout out to Lucky Redfish for tagging me in this one.
Nah, the Cardano Foundation, right?
I don't really wanna talk about the shit coins, however,
this is just funny, so let's dive into it.
Add a share of shrinks as Bitcoin and cash take
larger share of reserves.
Oh my gosh, we are surprised.
Yes, Canadians did use America online, absolutely.
I remember troubleshooting people's computers
and having to install the little AOL, you know, the CD,
you have to go and click next for them and stuff like that.
Yeah, I actually used to get paid to do that for people.
Couldn't click next themselves, funny times.
Anyways, all right, so let's take a look
at the out of charts, right?
That, if you're wondering, what pattern is this film?
What is this?
This is pump and dump garbage, right?
That's what that looks like.
It pumps, it dumps, then it pumps again,
and it dumps again, right?
Cause it has no real use case, right?
No one is, no one's actually going to use the token, right?
There is a possibility that their network may be of use,
but the Cardano Foundation is gonna get paid for that use.
No one's gonna need to buy the token.
Man, it's not just Cardano, it's XRP,
it's essentially every single shit coin,
if you just want to make it really easy.
Now, look, it's so good.
Anyways, let's dive into the nuance of this.
A year earlier, the foundation said 76.7% of its assets
were held in adda, 14.9% in Bitcoin and 8.3% in cash
and cash equivalents.
However, by the end of 2025, adda's share had fallen
to about 51% while BTC rose to 25.
Cash and cash and cash equivalents climbed to 22.9,
but I don't understand it.
If that's gonna be money and they're growing, right?
Like that's what Charles sells to,
and that's what all the adda shills sell
to the poor bag holders, right?
It's growing, massive use cases, overtake Bitcoin.
But yet, they don't buy their own bags, why not?
I'll come.
Kind of weird.
Anyways, let's see what really happened though.
Bitcoin's greater role in the portfolio
didn't stem from an increase in the foundations
BTC holdings, interesting.
The report showed that the foundation significantly reduced
its Bitcoin holdings last year down 37% to 656 Bitcoin
from 1,050.
Of course, they actually have less Bitcoin, interesting.
That means BTC's increased share of the treasury
was driven by relative performance
and a broader reshaping of reserves
rather than outright accumulation of BTC.
Essentially, Bitcoin retained and gained its value
better than their other sets.
That's all, that's all there is to it.
And it's no surprise, and unfortunately, right?
This is what's going to happen.
You're gonna start seeing a lot of these,
trad-fight institutions that are setting up
these kind of shit coin funds, right?
Where essentially they're buying these shit coins
and they're gonna be like shit coin ETFs.
But they're also gonna have some exposure
to Bitcoin, right?
Creating this basket of assets very quickly
what these institutions are going to learn
if they don't know it already is that the actual sat,
the actual number of sats per the shit coin token, right?
That number goes down as Bitcoin's value
continues to increase because the shit coins themselves,
they don't have any value on their own
with the exception of speculative value.
For real, like shit coins are 100% speculative value,
100.
So what ends up happening in every single case,
we've seen it in every single case.
Bitcoin purchasing power goes up in Bitcoin
and the alt coins are worth less and less satoshies
and you can just see it evidenced by these charts, right?
Like guys, I only use alt coin Bitcoin pairing, okay?
And if an alt coin doesn't have a Bitcoin pairing,
that is a major red flag.
Like you can't even get somebody
to foolishly trade in their Bitcoin for your shit coin, okay?
But you take a look at this.
This is not an investment, right?
Like buying Cardano is not doing what you think it's doing.
It's worth less and less Bitcoin over time
and Bitcoin continues to increase
in nominal value and purchasing power over time.
I know, the last five years kind of sucked.
I get it, I get it, but hear me out.
Bitcoin's been around for 17 years
and the future still awaits.
Okay, anyways, we continue on.
Okay, so mixed feelings, right?
Mixed feelings about the block
bringing back the Bitcoin faucet.
Personally, hey, you want to give away free Bitcoin?
Ain't nothing wrong with that.
People crying about free Bitcoin.
Okay, cry about free Bitcoin.
So the original, the original that faucet was launched
by Gavin Andreessen in 2010 gave away five BTC
to anyone who solved a cap shop.
That's $500,000 per person at today's prices.
A new version goes live April 6th, which happened today.
And let's take a look at what those offerings were.
Somebody came back and said it turns out the entire faucet
will be revealed to just be a promotion scheme
to get you to buy Bitkey and use cash app.
There is no faucet, at least in the sense
most were expecting it.
Okay, fair enough, right?
Fair enough, they used it as a marketing gimmick.
Okay, but here it is, right?
So if you pay with Bitcoin at a square seller,
you get $25 in Bitcoin.
Okay, if you purchase a Bitkey, you get $50 in Bitcoin.
And if you buy at least $10 of Bitcoin,
they'll give you $5 of Bitcoin.
So I, like, and you guys know me,
I'm like the first person to shit on everything.
I don't, you know, I can't help it, right?
It's always about being critical
and that way it maintains my own opium.
But at the same time, it's like, guys, they're a business.
What did you think they were gonna do?
Like, really, what did you think they were gonna do?
Obviously, they want to promote their own products.
Like, there's, there is nothing new under the sun.
Did you actually expect them to set up a faucet?
Like a real faucet where they're gonna give away Bitcoin
all day long every day?
One of the, one of the last faucets, what was it?
Bitcoin free Bitcoin?
Now, that was one of the ones that I used to use.
Freebitco.in, they were around for 12 years, okay?
And please, if you go, if you go take a look at that faucet,
do not put your money there, okay?
They've had a sign there that says that they're closing down
for like the last four months.
So if you send your Bitcoin there
and start gambling or something, it's gone.
It is just gone.
These guys are like, you can't withdraw or anything.
I'm just warning you guys.
But yeah, they shut down their faucet.
Like, I think it was like three, four months ago,
something like that.
At this point, right, it's not the same thing as 2010
where nobody knew what Bitcoin was.
Today, a lot of the world knows what Bitcoin is.
And so these faucets, like, if there are any that exists,
they're not really gonna give you anything worthwhile.
And if they do, it's a marketing gimmick
to get you to purchase some other product from them.
So just, you know, yeah, no, dude,
apparently you gotta have capitalism
the way that people want it, right?
I want capitalism the way I want it, right?
Not just capitalism.
It needs to be tailored.
It needs to be tailored capitalism.
I want a Bitcoin faucet that gives away five Bitcoins
every hour today.
Sorry, I called it Bitcoins, five Bitcoin.
The plural of Bitcoin is Bitcoin.
Anyways, all right, let's continue on.
Let's continue on.
We got some more stuff here.
Okay, this one.
So I don't know if you guys saw this from BitChalla,
no internet, no problem.
Bologna just dropped the ultimate cipher punk demo
at the boss summit from off grid to on chain.
You literally broadcasted a live Bitcoin transaction
using mesh radio, no ISPs, no Wi-Fi, no cellular data.
This is something Gotenna did and this was being marketed
to plebs back in 2018, 2019 to be using mesh networks
in order to broadcast transactions.
Just pure radio waves bypassing the traditional internet
layer to hit the mempool.
When we say we're building uncomfiscatable money
for certain, for uncertain times,
this is exactly what we mean.
And yeah, I like this.
This is cool stuff.
This is very cool stuff.
Okay, so again, microcontrollers.
Once you get the microcontrollers,
you always peak my interest.
So necessary devices to receive and to receive
and broadcast a transaction,
a computer running Bitcoin core,
a mesh-tastic device connected over USB serial
to the same computer.
And to transmit over a low frequency,
another mesh-tastic device.
Okay, so here's the thing, right?
You guys will see in the link that there's,
if you go check the show notes,
there is a link to the GitHub
and he does a decent job of explaining it.
And this is something that I've noticed
with the majority of the projects that I've worked with
in Bitcoin or specifically,
these projects relating around microcontrollers.
So if you actually want people to engage with you
and you want people to try the stuff
that you're doing like, yeah,
you're gonna get certain, you know,
certain tinkers and hobbyists
that are gonna take a look at that and be like,
okay, I'm gonna muddle through this as best I can
and see if I can get this to work.
But unfortunately, for the most part,
people are just gonna go take a look at that GitHub.
They're gonna see that like,
there's no recommended hardware,
there's no hardware list,
there's no like step-by-step instructions or anything.
And it's like, you know what,
why am I gonna break my head with this?
And I get it, right?
Like, of course, there's some people,
they absolutely they wanna spend their time
going through the process, breaking their head.
I know, I used to be one of those people.
That's what I used to really enjoy doing, right?
People would go and create projects
like putting a Bitcoin, a live Bitcoin price ticker
on a little ESP32 device, right?
And you'd see the project.
So then you'd go and be like,
oh, I'm gonna go get this device.
I'm gonna download the code
and I'm gonna use, you know,
I'm gonna use like Arduino or something like that.
I'm gonna upload the code
and I'll have my own little Bitcoin ticker, you know,
and I can customize it.
And then you go, you follow the instructions
and none of that shit works
and you get a whole bunch of errors.
And then it turns out that you go back and forth
with the author of the GitHub
and then it's like, oh, yeah, well,
you might have to do some troubleshooting.
But they made it work with the device that you're using.
So why would you have to do additional troubleshooting?
It's stuff like that, right?
Where essentially that kind of stuff gets discouraging
and that's okay, that's fine if it's discouraging.
But you gotta realize that people aren't gonna use your stuff
if the user experience is awful
and you don't help people help themselves.
So it's like, if you want people testing this stuff out
and you want people using it, right?
You give them a list, like here's the list of controllers
that you should use, right?
Here's the list of antennas, you know, stuff like that.
Like this is what I actually tested with.
So, I mean, I worked in QA,
well, specifically I worked in technical support
but we ended up doing a whole lot of QA.
And one of the things that people always wanna know is
what are the tested devices, right?
What devices did you test and how successful were they?
It's important if you want people to actually use this stuff.
Yeah, exactly, you know, but there's like,
it's to a certain extent though and I agree
because I mean, I used to do that all the time, right?
About just like getting lost in the woods with tech, right?
You're just getting lost in the woods with it
and testing out things and stuff is just not working.
You end up getting those aha moments absolutely agreed.
But at the same time, we are at that point
in the Bitcoin journey for the same way
that nobody wants to have to configure IRQs
for a modem in the back of their computer
to connect to the internet anymore, right?
Like you just don't need to do that anymore.
That's, it's ridiculous at this point.
So, at least in North America,
I know that there's other parts of the world
that still use 56 days somehow.
But, the evolution is a better user experience.
You remember IRQ's ACP?
Dude, I remember this man.
I'd plug in a sound card on somebody's computer boom.
Reboots blue screen.
So, I already knew there was an interrupt request.
It was wrong.
Or I remember having to do the dipswitches
and the jumpers for AMD processors.
I remember when I was building computers,
it was like some of the first computers I ever built.
I didn't put the jumpers on, right?
And I must have fried like five motherboards in a row.
I couldn't figure out what was wrong.
Yeah, learning.
Anyways, good times, good times.
But yeah, I'm just saying, you know,
it's like if you want people to use your stuff,
it's really cool that you're pushing the,
you know, the envelope.
And I obviously appreciate it.
And of course, I'm here, you know, promoting it.
Saying, hey, look, this is great.
But at the same time, it's like help people help themselves.
Give them a list of hardware.
Give them step-by-step instructions.
Or at least something close to it.
Like just screenshots of the results and all of that.
Doesn't really, not gonna inspire anyone to actually try it.
It's just gonna inspire them to say, oh, that's cool.
You know, that's as far as it goes.
Anyways, guys, these guys were just building privacy
tech, just building privacy tech.
Please consider signing the petition
if you haven't already for Bill and Keoni
from Samurai Wallet.
And if you feel so inclined, please donate.
Dude, five motherboards in a row.
And I know my boss, he knew it, right?
Like, because I built these computers.
They worked, they worked fine, right?
And then I brought them out the customer sites
and they started to fry slowly.
And that's when I started to figure out
that the jumpers I was setting them up
as were completely wrong.
Yeah, yeah, AMD, man, AMD.
Good times.
Good times.
Anyways, guys, have a great rest of the day.
That does it for me for now.
I will be back tonight with Sir Ulrich
and maybe, maybe humble warrior, we hope so.
For Bitcoin tonight, 8.30 p.m. Eastern.
Have a great rest of the day, guys.
Take it easy.
Peace.



