Unlocking Satoshi's 1.1M BTC Mystery

🌟 Welcome to an enthralling episode of the Halving Report! 🌟 In today's episode, we're not just 🗝️ unlocking the enigma of Satoshi Nakamoto's untouched 1M BTC 🗝️, but we're also diving deep into the transformative power of Bitcoin and AI. Joined by our esteemed guest 🎤 Bitcoin Zay 🎤, we explore hidden facets of Bitcoin's origins, shatter Moore's Law, and discuss the role of emerging tech like 🤖 AI 🤖 in financial literacy through the Yzer app. We also take a glimpse at the 🌐 rise of self-learning in today's digital age 🌐 and what Bitcoin's current hash rate implies for investors.

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💥 If you're eager to see Bitcoin soar to $1M and beyond, this episode is a can't-miss. 🌈 Hit that 🛑 SUBSCRIBE button 🛑 and join our quest for answers and insights that could redefine your perspective on the Bitcoin universe. 🌠

Timestamps:

0:03 - 🎙️ Kicking off with Satoshi Nakamoto's untouched Bitcoin; theories discussed.
0:28 - 🛸 Deep dive into Bitcoin's mysterious origins; could it be aliens or AI?
1:02 - 🤖🌐 Breaking Moore's Law and the potential impact of AI on the future.
1:36 - 🎓🤳 The role of ChatGPT in education and real-world applications of AI.
2:19 - 💰📚 Financial literacy, Yzer app, and reshaping the educational landscape.
3:41 - 🏫 The rise of homeschooling and self-learning in a digital era.
4:41 - ⛏️📊 Examining Bitcoin's hash rate and what it means for investors.
6:00 - 💵🤝 Discussing dollar-cost averaging, the "maxi bubble," and how to build a more inclusive community.
7:41 - 📈💡 Year-end Bitcoin price predictions; what's on the horizon?
9:00 - 📝 Summarizing key takeaways from the discussion.
11:30 - 🚀 Final thoughts and what to look out for in the Bitcoin space.

🌐 Connect with Bitcoin Zay 🌐
🐦 Twitter

🌐 Check out Yzer App 🌐

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🙏🌟 Thank you for tuning in to the Halving Report! Want to see Bitcoin hit $1M+? 🚀💰 Then SMASH that SUBSCRIBE button NOW! 🔥👇

Transcript

Speaker 1: 0:03

Satoshi's Wall has never been touched right. Never been touched.

Speaker 2: 0:05

Yeah, and how much Bitcoin is in there, I believe, 1.1 million Bitcoins, wow, if I'm not mistaken. So yeah, 1.1 million and never been touched. But some people have sort of hypothesized that that was on purpose to make it even more scarce. You know, if I could meet him, her, them, whether it's A-Lin, I don't know who, it is artificial intelligence, whoever Satoshi was, yeah, I would love to do that. You think it's a team or do you think it's one person? I think it's a team, but not in the same way that some people are saying Like. They're saying like, oh, this is group people with cypherpunks that got together and did it. I was like it's sort of a team, but I think it's a team. The same way, nasa is a team. All this new technology came out after we got the contact with aliens and then all of a sudden we got Bluetooth and satellites and all of a sudden we got cell phones. So I think it's a team of a human and some sort of either Tom Traveller or an artificial intelligence person that came back here.

Speaker 2: 0:51

We made contact with aliens, I believe so. I mean any new technology that comes out. I think we've made contact with them. I think we've been in contact with them for years. The way technology is sped up in the 40s and 50s Very interesting.

Speaker 1: 1:02

Well, I think there's like a theory, moore's Law, that, like current technology, always creates the next technology, making it on some sort of exponential curve.

Speaker 2: 1:10

Yeah, we're about to kill that. With AI, like Moore's Law is, it doubles every two years. Right now, technology is doubling like every six months. We're about to blow that up to water with AI.

Speaker 2: 1:19

Do you use AI much? I do, but not as much as I would like to. I have dabbled with it as far as just fun stuff with pictures and asking questions, just getting a second opinion off their model, just trying to see how their models work. I'll get more into it once this book comes out and the book through starts, I'll dig into it more for 2024.

Speaker 1: 1:36

Very cool, yeah. No, I've been using the upgraded premium version of ChatGPT. It's pretty sweet man. It's a cool tool. It'll be interesting to see how it progresses. Like, where do we go from here? Like we already have now, this all encompassing intelligence you know how many jobs is going to replace in the next like couple years, man, this could be scary man. Bitcoin could very well be the answer, I think. Hopefully people can get the education that we're so desperately trying to shove down their throats. Some people are just just aren't financially minded. Some people just don't think about finances, whether it be gold, bitcoin, any crypto or silver or stocks, or some people just kind of live. A lot of people just are living their day to day life and aren't really considering the big picture. Did you find that? Oh, yeah, yeah.

Speaker 2: 2:19

A lot of people are just floating around, as I call it. They're just floating through life. They got bills, they got kids, they got responsibilities of mortgage, they want to go on vacation. Most people don't sit and think about money the way we do. I tell people a lot of times in the Bitcoin industry.

Speaker 2: 2:31

You got to come out your bubble and talk to regular people, because if you sit on Twitter all day or if you go to conferences all the time, you get in this. I call it a circle jerk of Bitcoiners who just agree with each other all the time and then we just muse over how great it is and then you go out in the real world. You ask 10 people about Bitcoin and maybe two of them will be like yeah, I got something. And then maybe another few will be like I heard of it, like well, who cares? So you got to get out that bubble. You got to meet real people and I think most people. Human behavior dictates a lot of behavior and human behavior has shown most people will not do anything until they absolutely need it. Unfortunately, as much as we want to educate right now, I'm just trying to put out as much content as possible, so when people do absolutely need it. They could just get it all in one go and go from there and learn pretty fast.

Speaker 1: 3:15

Wiser, get wiser. That app that you guys are working on there, like that's pretty sweet man. I like the setup. I truly believe like the future of learning and education is very, you know, individualistic learning, having 30 kids in a classroom that all learn at a different pace and a different style. I'm not sure your thoughts around this, because you know you have a background in education, but you know the whole concept of learning and taking information is just changing drastically, just like our technology has. You have any thoughts around that? Absolutely.

Speaker 2: 3:41

Yes, I think we are going to have a generation of auto didact people who are self learners, self starters. I think COVID exposed that is that was the first iteration of it, where children were at home, they were learning from the computer and I think some of them realized like hey, I got Google right here, I got chat GPT right here, I can, you know, figure it out myself and I can learn from my phone. Why do I need to go to a physical building? And I think, much like we always laugh at physical buildings of banks, where we're like who shows up to a physical bank anymore?

Speaker 2: 4:07

I think we're going to think about schools like that in the next five to 10 years and there's a big push for homeschooling At the same time. There's enough technology to facilitate homeschooling and then also be able to still learn. So I think you'll have more people who are more apt to learn just from their phone or learn from these free courses. I know I take courses from Harvard, princeton, mit the sky's the limit at this point. It's so much free information out there. You just have to sort of guide them in the right way and, as someone who has a soon to be three year old daughter. I have those plans that I have to come up with as far as her plan for school, and I'm leaning towards home school and her being able to learn a home.

Speaker 1: 4:41

Sometimes I wonder how much of it is about just having a babysitter during the day and socialize, like maybe they still congregate in some smaller group. I definitely see, you know, some sort of change in that landscape. I mean. Bitcoin statistics that have really caught your eye lately. Did I just see that we hit a new all time hash rate?

Speaker 2: 4:58

Yes, new all time hash rate and, as my mentor, max Keiser, likes to say, price follows hash rate. The rest is just noise. As long as the hash rate is continually increasing, the miners have to continually have that dollar cost of Bitcoin in order to maintain their services. Price just follows hash rate. So that's that's one thing. I talked about the Lightning Network increasing transactions, but probably the best statistic thing I've seen is that the price of Bitcoin is actually up a little over 60% this year.

Speaker 2: 5:23

Most people they look at this market and they're like man, nothing's happening. It's going sideways, it's a dead market and I'm like do you guys realize that before Bitcoin 60% in a year you were like the hedge fund came. If you 60% in a year, I love that is 60%. We're basically mad. That just shows you the potential that we have as far as how far Bitcoin can go on price. Sort of the way fair of humans, because I remember starting out, 10,000 was the dream here we are sitting at. You know 28,000 and people are complaining. It's so hilarious to see that's my favorite statistic. Anybody's like, well, how much is it up this year? I was like 60%. There's a thing about that. If you look it online, you would think we were down 99%.

Speaker 1: 6:00

It's all about perspective. And I saw something else that was floating around there today and it said something like if you had been dollar cost averaging I don't know $100 or something every month after the having first little while, like how much you'd be up like I don't know 400% or something crazy like that. Like it's all about perspective. And when you got in, I think it's somewhat true that everybody gets Bitcoin at the price they deserve. And when you open your mind up to something, you know there's still a stick my old Bitcoin, magic, internet money, fantasy, whatever, whatever Without giving it you know the proper research that it deserves. If there was one thing about this space, zay, that you could change, what would it be?

Speaker 2: 6:32

I think it would change the Bitcoin maxis bubble, mainly because they're making it us versus them. Purity test has never been good. As a student of history, anytime, any religion, any ideology, anything that has a purity test a lot of times ends up very bad. I love the people who are Bitcoin maxis, who want to help. They, you know, they think they are, you know, morally helping and that they have better ethics, but I wish they would be more inviting as humans, to realize that other cryptocurrencies that people explore does not make them bad people. I've literally heard maxis say well, if you use Ethereum, you're just scammer, and it's like no, he's a 23 year old kid trying to figure it out. You know what I mean Like, and most of the people who are in Bitcoin they've used other cryptocurrencies. They just won't tell you.

Speaker 2: 7:12

I wish the Bitcoin maxis they were more inviting for people that are getting into the space, because if we're going to go mainstream, you're going to have to have everybody, and I would rather them at least have some knowledge. The way I think about it is Bitcoin is already won. There's nobody is going to be close. Nobody has the amount of energy output or people that are going to work on it. Why are we even worried about what they're doing? It's sort of like Michael Jordan versus sixth grader. Do you really think that this sixth grader is going to be him in one on one? No, we're going to win. So why don't you just help them along to make them better, and I think that's that's a better way to go about it.

Speaker 1: 7:41

What is your Bitcoin price prediction for the end of the year? I'll be conservative 40,000.

Speaker 2: 7:45

I don't think we need to 40,000. Yeah, I don't think we move too much before the happening.

Speaker 1: 7:48

I think we'll see fireworks going in the next year, I think earlier you said by the next, having you think we're going to be like all new, all time highs, yeah, after the happening until the end of next year.

Speaker 2: 7:58

I think we'll see that all time high. So we got about a year and we'll see how it shakes out, especially with the things going on with the money printing Jesus Christ man, I'm printing like five trillion.

Speaker 1: 8:08

So you refer to it as the happening on the having report. Is it really the happening or that that was like a trend that came along a couple of years later, or something right Like yeah it's really called having, but the happening was like it was a joke.

Speaker 2: 8:22

It was like a running joke in 2016 where it was like an event, where it was like, oh, the having is happening.

Speaker 1: 8:28

Right, yeah, exactly it's happening. But it's happening with Ron Paul or whatever. Ok, that's funny.

Speaker 2: 8:33

I just stuck with it. Yeah, you know some of them, some of the stuff we come up with, I keep it. Some of the other stuff I think is kind of corny, Like I don't like hot, I don't like hotter, I can't stand when people say oh really Hottled to the moon. Like it's latest hands. It's hilarious, I love it. But it's like I get where it came from. I like when people just say, hold the hot. Oh, I'm just like all right man, Just on that Hot on the moon, hot on the moon.

Speaker 1: 8:57

Now, you coined no keys, no cheese, did you not?

Speaker 2: 9:00

Is that yours? That's mine, yep, and also, I coined what was Satoshi do? I just haven't put out any merch for it.

Speaker 1: 9:07

I'd love a T-shirt, just as Satoshi, or across the back or the front or something. What merch do you got out there? You got like some hat. You got hats, sweaters, I have mugs, book bags, hats, sweaters, hoodies.

Speaker 2: 9:17

The only thing is I'm transitioning it from one website to another. It was on Bitcoin movement. I'm moving it to the Bitcoin and Black America site once the book comes out. So I have the no keys, no cheese merch. Hopefully I'll have my what would Satoshi do bracelets, sort of like the what would Jesus do bracelets back in the day all types of merch, Because that's one thing about this industry that I really love is that people send me free clothes. I don't think I've gone two days straight without wearing some sort of Bitcoin and crypto shirt. That just helps me buy stack-in-was-hats.

Speaker 1: 9:45

I love it, man. I think a lot of us Bitcoiners have a lot of similarities, yeah.

Speaker 2: 9:49

I'm done with clothes, man, Spot to spot yeah.

Speaker 1: 9:52

I'm done with clothes.

Speaker 2: 9:53

Yeah, I'm done with all the. Yeah, I want the YouTube. I don't care about that anymore.

Speaker 1: 9:57

Do you got your kids? Do you got some?

Speaker 2: 9:58

swag for your kids, definitely. I want to give a shout out to Scott Sibley from Play Chalmery. He has a lot of good kids clothes for anybody that's watching. Got some good stuff from him Bitcoin, baby and all that stuff when my daughter was younger, so got a lot of good stuff for her and as she gets older she'll definitely have more.

Speaker 1: 10:15

I don't know if you can see up over my left shoulder. I got their card game up here on the shelf. Yeah, we had them on the show. Yeah, they got some good stuff, so definitely check them out. Have you been in touch with our boy, bitcoin Vegan lately?

Speaker 2: 10:26

Yeah, talked to him not too long ago when we were both we were presenting for the Bitcoin grant for geyserbtc. He was raising funds for people who were just getting out of prison to get into the Bitcoin mining industry and I was doing my presentation on the Bitcoin and Black America tour. Both of us were able to receive funds from the Bitcoin grant, so talked to him then. His son's birthday was like nine days ago. Talked to him pretty recently.

Speaker 1: 10:50

Cool man. Yeah, I'm planning on trying to catch up with him too. Zae, I'm going to open it up for you If there's anything we missed, anything you're working on that we didn't talk about. If not, maybe just let us know where we can follow you and learn more.

Speaker 2: 10:59

Absolutely so. Three things Bitcoin and Black America Second edition will be available for pre-sale. October 31st, the anniversary of Satoshi's white paper, and then the Bitcoin and Black America tour. Those dates will be out following the release of the book. And last but not least, make sure you download Wiser. Get 50 free sats just for downloading it. Learn and earn. So those are my three main things going into the new year.

Speaker 1: 11:22

Have you ever used Riverside before the SAP?

Speaker 2: 11:24

Yeah, we used it before and then we switched off. We used it because it had better sound, but look at what's the name of it. With the other one we switched to Anchor or something like that.

Speaker 1: 11:31

Yeah, oh, okay, I didn't know they were recording platform as well. I've heard of them but don't really know too much about them. But on those Riversides I've been adding a lot of tools. Like every week there's something new, Like they're upgrading it a lot. So, Zay, I know you're a busy guy. I love your Bitcoin ethos. I really appreciate you coming on catching my listeners and I up with what's going on in the Bitcoin space, with what you're working on. So thanks for doing this tonight, man, Absolutely Thank you for having me.

Speaker 2: 11:54

It's always a pleasure for me, man.