what is what is self-custody so here's the thing man just being totally honest

here no um doing your own self-custody is like flying your own airplane it's that it's that level of difficult and the idea that everyone's gonna fly a plane is retarded it's not gonna happen Now, I think if you look at the supply issuance curve of Bitcoin, it's been very fast, right? And it has rewarded people who custodied it early.

And there is more Bitcoin in the hands of people who custodied it early.

But people that are technological laggards are not going to suddenly decide they want to fly their own airplanes, you know? So I look at it and I think like, okay, well, the last couple million Bitcoin...

Will it be the hardcore self-custody? Probably not.

I mean, just to be straight up honest, no, it's not going to be.

It's going to be in ETFs.

The

And for the most part, like we live in a world where everyone is so myopic, they are focused, the resolution that they have on the news and the day-to-day is way too high.

So sometimes I think about that line in The Big Short where he goes, "Look at you guys.

You pass yourself off as cynical people, but like deep down you believe in the system," right? And that was, I think a lot of us who were Bitcoin maxis during the shitcoin ICO bubble phase, like, you know, I, I believed that the SEC was going to come in and crack down and like I knew that this behavior was illegal and I thought they were going to actually enforce it.

And then what did they do? They enforced like fu- fucking four things, and then everybody else got away with murder.

I mean, they just absolutely stole, raped, pillaged, and now they're...

Some of these people are b- Jed McCaleb is like a fucking deca-billionaire.

He's got his own space station.

Um, and you know, he was basically saying like

It's, I'm lucky I have my things set up in many different ways, but yeah, this definitely affected me and my family in a meaningful way.

It's, here's the thing, like, Now is not the time to be like, oh, this is what always rolled dice.

Like, I get that a lot of you have autism and you don't have social skills, but it's not.

Let me just tell you, as your big bro who doesn't have autism, it's not the fucking time for that.

Okay.

If people can not come into our space and listen to all of the trusted maxi voices about which brand they can trust for their self-custody.

then it's a complete fucking failure.

And if we can, we will pull you up, but I can't promise anything.

[laughs]

You know.

What's the liner like? Is there algae? No, I'm just kidding.

All...

Listen, [laughs] it should be obvious to you that we won Iran 137 times, okay? We, we c- we came out, we kicked their ass, you know.

They, they stood no chance.

Uh, no, it's interesting because I think maybe I'm less of a conspiracy theorist than, than, than Jeff potentially, 'cause I think the, um, the tale of the tape here on Iran is effectively what you saw, which is the, the Israelis fed the Trump administration bad intel.

Is it hype? Is it gonna hurt the economy, or are we good to go?

I got me a big old truck.

[laughs] But the truth is like the world wants...

Pete's right in that the world wants to go to war.

It's just that I have a always an optimistic disposition on everything because, you know, there are always opportunities.

It's, it's not that, uh...

And I don't mean this as like in a selfish, like you can profit off, you can be a war profiteer kind of way.

I just mean it as like these cycles exist in humanity.

[laughs]