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Dec. 15, 2024 - Freedomain Radio - Stefan Molyneux
01:14:38
US Bitcoin Strategic Reserve!
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Good morning, everybody.
Welcome to your Sunday Morning Live, December the 15th.
Yes, yes.
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Yes.
Thank you.
Hmm.
Interesting.
Oh yeah, there's where the chats can go up.
Ah, interesting.
I did not know that.
And how do you...
There we go.
Alright.
Okay, so let's get your questions and comments and dig and dive right in to what you have going on.
Yeah, sorry, I was just saying before the show, a little low energy because I woke up very early this morning with a great idea.
An idea so great, it wouldn't let me go back to sleep, so I ended up having to get up and record it.
So, I'm going to have a nap after the show.
Not doing, though, because my daughter made me a lovely energy shake.
Full of substances only available in the Peruvian rainforest.
All right.
Is recording an effective way to handle gaslighting bosses?
Yeah, I mean, I think if you're at the state where you want to record people, the relationship is probably toast.
Like, if you're like, I've got to get this.
Like, if you're in a relationship and the woman totally gaslights you or the man totally gaslights you and you're like, I've got to record this person so I've ever...
Like, you're probably done, right?
You're probably done as a whole.
So if you have a bad boss and you're like, well, I've got to record this and it's like, okay, so shouldn't your boss's boss know that he's a bad boss?
They actually deal with and interact with him.
And if your boss's boss doesn't know that your boss is a bad boss, Then recording probably won't make much of a difference.
Recording just makes people uncomfortable.
All right.
My problem, says someone, is I write down my ideas and then never go back and read my notes again.
Yeah, but they're there if you want them, right?
I have that with dreams, too.
I'll have an incredible dream, fall back asleep and forget it.
Have you ever done this?
This is just heartbreaking to me.
Oh, it's hard.
It's only happened a couple of times in my life.
Have you ever had it where you have dreams of the most beautiful music?
I am your angel of music.
So, have you ever had dreams of beautiful music and you wake up and you're like, damn, that could have made me a fortune.
But no, I can't remember the tune.
So, yeah, I've had that happen a couple of times.
Orchestral music, catchy music, just a couple of times in my life, and I wake up, I'm like, ah, come on.
Just let me remember it.
No.
Or story ideas, but yeah, for me, the music is particularly painful.
All right.
Hey, I think I remember you from my History of Philosophy series.
Any thoughts on Taylor Swift turning 35 and reaching last Friday and thus reaching the age of geriatric pregnancy despite your infamously warning her about her declining fertility on Twitter five years ago?
Wow.
Five years ago, right?
It's a new life.
It's a new dawn.
It's a new day.
It's a new life for me.
And I'm feeling good.
So yeah, it's wild that that was five years ago.
It is my general belief that the people around Taylor Swift, essentially, in many ways, essentially, would not really allow her to have children.
There's too much of anti-natalism stuff going on, particularly the music industry.
Which seems to be intent on destroying reproductive rights and families and virtue and morality as quickly as they possibly can.
Like a giant hell-scent combine harvester on the slender weeds of people's integrity.
So, yeah, I don't think that...
I mean, she might have kids, but was she making her two and made a billion dollars?
That's a lot of people who won't benefit from her having children.
Mississauga meetup is not afraid it's not going to happen for a while.
Steph will debate 100 guys in 24 hours.
It feels like I've done that sometimes.
It feels like I've done that sometimes.
Um, let's see here.
What was the biggest curveball for you when it came to parenting?
The biggest curveball for you when it came to parenting?
That's a good question.
The biggest curveball.
I would say how easy it was and how accommodating children are.
Treat them with respect.
Dignity and respect, isn't that the Dr. Phil mantra?
We treat everybody with dignity and respect.
Respect.
So I would say that it was just easy.
You know, if your kids enjoy your company and you have credibility because they know you really care about them and care about what's best for them, I mean, you'll have your conflicts once in a while, pretty rare.
But it really was a surprise just how, you know, the terrible twos.
So the theory was, of course, that with peaceful parenting, you don't have the terrible twos and the teenage years aren't hell on earth, right?
That's the general theory, right?
And lo and behold, it turns out to be true.
I was talking the other day with a parent whose kids are in their mid-teens plus and the amount of vaping and drugs and drinking and body count.
Oh my gosh.
Monstrous.
It's like late end of Rome kind of stuff.
and that's not an issue at all.
All right.
Steph, says someone, a lot of successful people have a story where at the beginning they were ignored and rejected and people told them they weren't good enough or that their thing will never work, but they continued to work hard despite all of that until ultimately they achieved success.
I think you also mentioned that you had been ignored when you first started this show.
My question is, how do you know if you should keep trying or whether it's time to give up and move on to something else?
Thank you.
Yeah, that's a good question, right?
So there is the fallacy of sunk costs.
I did a business call about this recently with a guy.
There's the fallacy of sunk costs, which is, well, I can't walk now.
I've been waiting for the bus for two hours, right?
If you wait only 10 minutes and then you go walk, it's not so bad.
But if you've waited a couple of hours for the bus, it's pretty tough to go and start walking, right?
It's a fallacy of sunk costs.
You don't want to give up on your dreams, but at the same time, sometimes you do, right?
So, I was reading this thing the other day where this guy was saying that he was a really good actor even at the age of 17, but he was white, so he decided to give it up because there were a lot of auditions saying, you know, basically white males need not apply.
That's not good, right?
You know, denying occupations to entire groups, ethnicities or races, I mean, denying occupations is just a way of lowering the birth rate for that group.
It's kind of targeted, and obviously it's kind of sinister, to put it mildly.
So, I liked acting, but I really disliked the theater environment, and I really disliked most of the actors, and I also quite disliked a lot of the directors and the teachers, and we just...
We were just not copacetic.
We were not simpatico, as it were.
And similar with academia and similar with the publishing industry and so on, I had a really great mentor.
A fairly famous Canadian writer was my mentor.
And I actually quite liked her.
But...
Or him.
But, yeah, the publishing industry was just...
It's not about the pursuit of deep human truths.
It's about the programming of people for the sake of ideology, and I can't stand that.
I just, I can't stand being around people who deny truth for the sake of ideology.
It is so manipulative, and to me it's kind of sociopathic.
It's the pretense of truth and honor for the sake of exploitation and consuming people.
Consuming people.
I think it's kind of repulsive.
So, is it knowing when it's time to give up and move on?
So, for me, it is hard to improve upon that which does the maximum good for the world.
It's hard to...
Improve on or do better than with my time, life and energy.
It's hard to improve on or do better than that which does the most good in the world.
So could I have done good in the world through art, through playwrights, through being a playwright or an actor or a novelist or a poet, say, all of which I put my hand into?
Well, I could have done some good that way for sure.
Could I have done some good in academia?
Yeah, I think I could have done some good in academia.
Could I have done some good in the business world?
I mean, I know that I did.
But there's no more good that can be done than direct moral philosophy.
This is virtue not by proxy, not by inference, not by art or sophistry.
It is the direct promotion of virtue out there into the universe forever and evermore.
So, for me, given that, I think that the achievement of excellence in the pursuit of virtue is the highest calling.
I'm kind of with Aristotle on that.
I can't do better than...
Promoting virtue directly to a worldwide audience.
There is no better way.
I mean, even if you look at that Taylor Swift thread, and I remember doing this math, so given the number of people who saw that Taylor Swift thread, and it was probably majority women, certainly the replies were majority women, I did a rough calculation, and 60,000 babies were born as a result of that tweet.
So that's larger than a village, smaller than a town.
So that's a small town's worth of people that comes out of one tweet, because I goosed women into deciding to have children by reminding them that their eggs are dying on the vine.
So if you can make a tweet and make 60,000 people...
That's pretty good.
And 60,000 people that are probably born two people who care about the future and just had been propagandized, right?
You can't really do better than that.
Of course, I think of being a massive pronatalist myself.
The number of children who've ended up being born, I mean, I know of many, many marriages, and certainly I get the emails all the time, hey, we decided to have kids, we got married here.
So the amount of people that philosophy has summoned into existence, I mean, I can't outdo the, what, Billion abortions, but we can certainly do our part to bring better, more reasonable, more rational life into the world as a whole.
This is another reason why I'm opposed, right?
There's so many reasons why.
Why would we have to pick even one?
No reason to pick one.
So, if it is the maximum good that you can do in the world, if it's the maximum good you can do in the world, Then if you can find any way to make it pay or make it work, you can't do better than that.
Do you think we have a shot at outgrowing the national debt with Trump and Doge?
Absolutely.
Absolutely.
Yeah, yeah, for sure.
So normally, debt, there's either economic collapse through invasion or Inflation, and that's normally the way that people get out of debt, right?
Governments, right?
And the idea that you can move to assets into Bitcoin, have Bitcoin inflate, sorry, gain value relative to fiat means that you can pay off Fiat currencies without printing fiat currency.
Do you hear what I'm saying?
You don't have to screw with the interest rates.
You don't have to screw with the money supply.
You can simply, governments can buy assets.
And this is starting to happen, right?
I think it was just last night, Trump announced the exploration of a strategic reserve of Bitcoin for the US. It's going to be essential.
So...
You can transfer fiat into Bitcoin.
Bitcoin can rise massively in value relative to fiat, which means that you can pay off the debt with Bitcoin and not have hyperinflation.
That is very much the hope and the goal.
That is the hope and the goal.
And it's never before existed in human history.
That is such a great point about how denying certain groups employment is targeting the birth rate of that group.
Yeah, it lowers the sexual market value of men if you deny them employment because women don't want to date them, right?
It's horrible.
Just horrible.
Has Izzy challenged you or pointed out inconsistencies lately?
Not anything that in particular comes to mind.
It's gone the other way a little bit.
Any thoughts on the OnlyFans woman who slept with 100 guys in 24 hours?
I mean, obviously, bad childhood, and there's a certain path to notoriety that some women take.
It's pretty negative.
And so they'll do this kind of stuff.
They'll make a good deal of money.
This is obviously a big advertisement for her OnlyFans channel.
And then when she ages out, she will cry tears of woe, and the Christians will embrace her in a way that they really embrace the Marth.
I can't believe one guy bought her flowers.
There literally is that meme of like the guys lining up to have sex with the woman and only one of them down the road has flowers.
Somebody says, "I've seen a video of a single mom complain about how tough the two-year age is, yet the kid is in daycare every day for half the day and barely gets to see his father.
She also complains about all of the bad manners he has learned from the other kids in the daycare, like throwing and breaking toys and spitting.
Even though she works online from home, she says she needs to be alone to focus on work, so daycare is necessary.
The daycare workers constantly send her pictures of the kid doing activities.
Yep, yep, yep.
Yep.
It is, uh...
It's very sad, this sort of circularity where you treat children badly, in particular with neglect.
And children are going to pair bond with someone.
They either pair bond with their parents or their peers or some weird ideology.
They're going to pair bond with someone.
They have to because we're a social species and children get way too much stress, hormones and cortisol, I think, if they don't pair bond, if they don't have some sense of security.
So they'll pair bond with someone.
Could be creeps online, could be some weird ideology, could be a cult, could be peers and bad peers.
So if, you know, we got to eat, and if we don't eat at home, we got to go out for something to eat, right?
If there's no food at home.
So it is a sad thing to see that people neglect their kids, the kids behave badly, and then they say, well, I can't really spend much time with my kid because he's behaving so badly, right?
Somebody says, I've been listening to your show for years and it has helped me to change my life.
I never planned on having children, but now I'm happily married and me and my wife are trying for our first baby.
Well, congratulations.
That is fun and exciting, I suppose.
And, uh, at last my love has come along.
There you go.
I'm giving you some romantic music so that you can try for your first baby during the show.
Just kidding.
Although, that would be exciting.
Peter Schiff said Biden should sell all the Bitcoin before Trump gets into office.
It's not exactly a villain arc that he's gone through with Bitcoin, but it's not exactly the opposite of that either.
Any thoughts on the drones in New Jersey?
Well, I think post-COVID, I think we're all a little suspicious of what everyone claims to see, right?
Aren't we?
I mean, I've seen a couple of the videos.
They don't look like much to me.
And I think that, I mean, I've seen this psychosis, you know, if you're a public figure and you say even remotely controversial things, you are surrounded by hallucinatory images of people that people have of you, right?
They literally hallucinate things that you have said.
And, of course, they're helped along by other people who lie about it.
What you have said and done.
But the moment you become even remotely prominent and say even remotely controversial things, you realize that most people live in programmed illusions, right?
The analogy of Plato's Cave, which I've got a great four-hour presentation on Plato.
You should check out at fdrpodcast.com.
Just do a search for Plato, not Play-Doh, Plato.
And I also talked about it, dramatized it, hoaxedmovie.com, hoaxedmovie.com.
You should really watch that.
I think it's available again now.
So, when everyone is suddenly seeing drones everywhere...
Well, I mean...
I think everyone, have you ever had this at one point where, I remember being out for a walk with my daughter in the country some time ago, and we saw, and it looked like a bright light that was weaving all over the place, right?
But it turned out, basically, it was just vividly jumping because it was very dark at night.
It was vividly jumping.
Because we were walking, even when we stopped, we were still moving our head a little bit.
It looked like this thing was kind of jerking around in physically impossible ways.
And then when it got closer, it was just a plane, right?
So, I mean, you can get these kinds of visual tricks or hallucinations or, I mean, it's not that my eyes are doing anything wrong, but I interpret this, right?
So, I don't know if the drone stuff is real or if it just started as a thing.
I do think that likelihood is pretty high that something fairly bad is going to happen before, say, January 20th.
I think that's pretty certain that something pretty bad is going to happen.
I know that there are all these people who have these theories like, oh, they're looking for radioactive signatures because there's going to be a dirty bomb, X, Y, and Z. I don't see any particular evidence of that, but I do think that something bad is probably going to happen prior to inauguration.
But...
Yeah, ever since people had their hallucinations in the past, and you sort of saw this vividly, I don't particularly believe these stuff spreading like wildfire.
All right.
Thanks.
Thank you.
Bitcoin will rise, somebody says, 100% in 24 hours.
Well, remember, a lot of the, I've talked about this before, but a lot of the hedge funds, a lot of the people with ETFs in Bitcoin can't have too much variability in the price, even upwards.
otherwise it gets moved out of the more conservative people's portfolios.
Any plans to speak to Pearl Davis?
I like her.
I don't have any particular plans, though.
Somebody says, I haven't seen my parents in over a month, returned my dad his car and confronted them about all the evil and abusive things that they did.
I never felt better.
Also, I'm 24.
I'd have little dating experience and now I'm getting dates relatively easily and approaching women in coffee shops, malls, etc.
Yes.
Thank you.
I'm sorry.
Deeply sorry about how your parents treated you.
For those of you, and again, I only suggest this if it's safe for you to do so, but there's a reason why I say to people, if you have issues with your parents, you should sit down and talk about it with them.
And that in part is because life after that is almost unrecognizable.
I mean, when you do rationally confront your greatest fears, who you are afterwards is almost like a different person.
You know, death and rebirth.
Chrysalis.
Butterfly from Caterpillar.
Who you are after you confront your biggest fear is almost unrecognizable.
Which is why I suggest that.
Oh, hoaxedmovie.com doesn't show hoax anymore.
You can search for Hoaxed Movie in a search engine.
Yes, you can.
Yes, you can.
Alright, so as I'm waiting for more questions, let's get to our commentees.
This is from Bitcoin for Freedom.
These are not things that I necessarily endorse, but it's a pretty interesting argument.
He writes, or she, how the fiat system will end.
People holding stocks or real estate usually sell if the price is right.
If you ask a bitcoiner for what price they will sell, they will say it's not for sale for fiat.
Bitcoin is different because the hodlers want to bring down the fiat system and won't spend Bitcoin before it's done.
Wall Street and large countries will find this out the hard way.
They've never met people like Bitcoiners before.
They'll sweep up the coins of weak hands first, but then they will meet a wall of plebs that won't sell before the price is so high that the fiat systems implode.
That is a very, very interesting argument.
And I think, I mean, I've obviously, Bitcoin versus war is a speech I gave 10 or more years ago.
You can just do a search for Bitcoin at fdrpodcast.com.
You'll sort of see what it is that I'm talking about.
But when you're holding something that is massively appreciating in value against fiat, and you know why, it's pretty tough.
To trade it for fiat.
And I think that there is going to be...
For Bitcoiners, I think there's going to be...
We're both underwater.
Who can hold their breath longer?
We're both underwater.
Who can hold their breath longer?
I think it's going to be the battle of Bitcoin versus fiat.
And...
I mean, as people want to accumulate more Bitcoin with fiat, it is going to be that question of...
Can people be bought with the money?
That is gross, right?
Oh, there's a link.
Oh, thanks, James.
Cernovich.com slash hoaxed.
Cernovich.com slash hoaxed.
Bitcoin is at 375 to 400 million users, says Edward, or about 8% of internet adoption numbers.
Its market cap is a percentage of global assets that's around 0.4% of the 450 trillion in the world.
We are still so early.
I think that's quite true.
It's a brutal meme.
I don't know if it's true.
I don't know about the numbers in particular, but men killing one billion people in all the wars over all of human history, looking up at women killing 1.3 billion people via abortion since 1980. Is that true?
That seems a little high.
I don't think that's likely.
The World Health Organization estimates that there are around 73 million induced abortions each year worldwide, which is about 39 abortions per thousand women.
Since 1990, somebody's saying 2.5 billion.
Is that right?
Um...
That's pretty wild.
*grunt* Given the information from the provided context, there's no definitive number for global abortion since 1980. Make an estimation based on the trends and figures mentioned.
The Guttmacher Institute has reported that during 2010 to 2014, an estimated 56 million induced abortions occurred each year worldwide.
If we apply this rate consistently backward, though the actual number might have varied, we can estimate for simplicity.
From 1980 to 2014, 35 years at 56 million per year, 35 times 56 million is 1.96 billion abortions.
From 2015 to 2024, assuming a slight decrease, let's say 54 million per year for 10 years, 10 times 54 million is 540 million abortions.
Adding these together gives us an approximate total of around 2.5 billion abortions globally since 1980. That is, uh, I mean, kind of shocking and horrifying, isn't it?
That it's between 1.3 billion and 2.5 billion abortions?
Oh, fdr.url.com slash hoaxed will also go to get you to the hoaxed movie.
That is, uh...
That is astounding.
That is astounding.
Sorry, Bitcoin Freedom.
This is from yesterday.
Is it yesterday?
Yeah.
Just as it says, 1.09 million Bitcoin are left to be mined over the next 116 years.
898 trillion of global wealth is still not in Bitcoin.
This is the most asymmetric upside in history.
People will say you were lucky, but you understood money before everyone else.
Isn't that wild?
Bitcoin miner reserves have dropped to the lowest level in Bitcoin history.
This is from Michael Saylor, who clears at you in Satoshi Crowns.
FASB has officially adopted fair value accounting for Bitcoin for fiscal years beginning after December 15, 2024. This upgrade to accounting standards will facilitate the adoption of Bitcoin as a treasury reserve asset by corporations worldwide.
Well, that's quite something.
George Stephanopoulos, I think, has deleted his Twitter account and gone dark after ABC News was forced to pay 15 million to Trump.
Plus, I think, a million in legal costs for defamation.
Mm-hmm.
Thank you.
And that's really something.
I mean, the fact that George Stephanopoulos or ABC News is going to pay for the Trump presidential library is pretty funny.
Yeah, Trump, so from Forbes, Forbes says, Trump confirms Bitcoin reserve plans, 15 trillion price boom predicted.
This came as of December 14th, 7.40 a.m.
Donald Trump has firmly embraced Bitcoin and crypto this year as a leak reveals Russia could be about to start a Bitcoin cold war.
The Bitcoin price has rocketed past 100k per Bitcoin on the back of Trump's November election, with the chief executive of a major Wall Street giant admitting Bitcoin FOMO. So, this is just a conceptual thing for people as a whole.
So, people have a tough time buying Bitcoin if they compare Bitcoin to recent prices.
Right?
Excuse me.
If they compare Bitcoin to recent prices, They have a tough time with it.
Because if they say, well, it was 90, it's gone up to 100. Sorry, something went down the wrong pipe.
It's 90, it's gone up to 100. So, it's too expensive, right?
Now, what was it?
Like 10 years ago, I said I had in my head 750k a Bitcoin US. So if you look at it that way, it's not investment advice, I'm just telling you my thoughts, right?
Do your own research, make your own decisions, but if you say, if people say, what I'm doing is looking at Bitcoin historically, then it looks like, oh, it's gone up for a long time, it's going to go back down.
IFU Bitcoin, personally, the way, Moore's Law, right?
So IFU Bitcoin...
If you say, well, computers have gotten progressively faster, there's going to be a crash, and they're going to go back to being 286s, or 8088 processors, or whatever powered the ZX80. But computing power just continues to go up, right?
Now there's some quantum computer, right?
It's not going to crack Bitcoin, right?
But there's some quantum computer, right?
So, I view it that way, right?
Well, you know, my first exposure to the internet was on a 4800 board modem.
Is that right?
I had a little notebook I bought from a company called Mighty Max.
It was a 386SX25. It had a little modem built in.
4800 board, I think it was.
Yeah, because it got to 14.4, then 28.8 with compression and stuff.
And so, if you look at internet speeds, they go right up through the roof.
Now, if you look at it that way, because Bitcoin is technology, like computers, chips, and like internet speed and so on, When you look at internet speed, you say, well, you know, internet speed has kind of doubled over the last couple of years, so I don't want to get any internet because it's just going to crash back down.
And it could go to zero.
Like there might be no internet speeds in a month or a year.
Because Bitcoin is technology, right?
Technology tends to increase when it's popular and adopted at an exponential rate, right?
And the adoption is the price.
So I don't look at Bitcoin like any other sort of stock or asset or whatever it is, right?
If it goes up, it's going to be a correction.
It's like, where's the correction in computer speeds?
When did everyone say, well, you know, oof, you know, the i5, that's really fast, man, but that means that it's just going to crash back down to 286s because it just keeps going up.
Now, software keeps getting slower as the processes keep getting faster, but that's sort of the way that I look at it, if that makes any sense.
So, it is the difference between people who are looking at things in a linear Malthusian kind of way.
So Malthus, of course, made this famous prediction that because the productivity of agriculture arises in a linear fashion, right, but human population growth is exponential, that we're always going to end up starving.
I mean, he was spectacularly wrong, right?
He was spectacularly wrong because you just get more and more produce out of the land, right?
Get better and better at farming.
So, people who look at things in a linear fashion and look at things in a psychological fashion, which makes, you know, everything's the two things, right?
The two things, the tulip mania and the South Sea bubble, right?
Tulip mania was a mania because there was no particular value to tulips, right?
That's kind of the way it works.
They're just flowers, right?
So, the people who look at technology in a linear fashion are outstripped by the people who understand that technology is an asymptote to virtual infinity, right?
I mean, there was an internet download speed was achieved in Japan that downloaded all of Baldur's Gate in a fraction of a second, right?
I mean, Socrates could only talk to a certain number of people, and then he was killed.
I can talk to many more people, and talk at even many more people, and what I do echoes in eternity.
No, what I'm doing is here forever, right?
So.
Somebody says, I can believe those abortion numbers They used to get them in a bus to go do it in some countries.
Parents never knew.
Somebody says, I've run into women who get violently upset if their view on abortion being their right being questioned.
Yeah, it is tough.
It is tough.
So for, I'm not calling all of these women narcissists, of course, but for narcissists, other people only exist for their own convenience.
And for a woman to have an abortion, she's obviously in.
The vast majority of them are for choice and preference.
It is viewing the child as an object, like a spleen.
You could take it out if it's inconvenient or bothering you or whatever, right?
Or like a nose job.
And that's cult, right?
That's cult.
Today, accumulation wars.
Tomorrow, hash wars.
Yeah, I like this sort of crypto cold war is a really, really good way to put it.
Michael Saylor says Bitcoin is worth 13 million and loaded up with more Bitcoin.
Yeah, MSTR owns, what, 2% of the supply?
It's really something.
Do you think that other cryptocurrencies will be used for trading and Bitcoin be held like gold in the future?
Well, I mean, think of other standards, right?
Think of other standards like TCPIP or email standards.
Think of train track widths and so on.
Just think of sort of other standards.
I mean, I'm sure that there are a couple of different...
I mean, I know that there are a couple of different gauges around the world for particular specialized issues.
But in general, if you want to build a train track, you've got to build it to match the existing gauge, right?
If you're starting a cell phone company, you can't be proprietary in your cell phone data.
You have to be able to work with other cell phone companies so that you can cover each other, right?
So the coverage extends, right?
And you have to pass data back and forth to other cell phone companies and other towers.
You have to work within the existing system.
Can you imagine trying to start your own non-TCPRP HTTP internet?
Well, it's just not going to work very well.
Beta versus VHS, right?
So, I think that, I mean, there obviously will be layers put on top, right?
There will be a layer put on top of Bitcoin because Bitcoin is limited in its processing.
And it could be the case, and it'll all be transparent.
So maybe the case is, it's going to have to be transparent.
So maybe the Bitcoin, if it's too slow to do the proverbial buy the coffee, then either there'll be Bitcoin Cash, but the Lightning Network is sort of this layer that goes on top, which accumulates purchases and then does them all at once to reduce the throughput requirements or the which accumulates purchases and then does them all at once to reduce the throughput requirements or You know how you have a tab at a bar, you just put everything on the tab and you pay it at the end of the night.
That's kind of how it works.
So I imagine that there could be layers on top or maybe there's a way to automatically transfer Bitcoin into some other network, which is faster for whatever reason.
So yeah, it'll be soft.
What is a Bitcoin Cold War?
Well, a Bitcoin Cold War, of course.
Is when countries are trying to get a hold of world history changing technology, right?
So in the past, there was the color the world, your map, right?
The age of imperialism where governments were all rushing to try and get a hold of particular countries to get the resources and so on and to spread Christianity and so on.
So the technology was land and gunpowder and cannons, and the big technology, believe it or not, was oranges and lemons.
Say the bells of St. Clement.
So, of course, this is why British people are called limeys, because they're always sucking on limes to deal with the scurvy, because scurvy killed more British sailors than combat ever did.
So one of the biggest advances in the age of imperialism was the discovery of vitamin C as the cure for scurvy.
Scurvy was an absolutely horrendous way.
To go.
And so the arms race, of course, Julius and Ethel Rosenberg were put to death for selling atomic secrets to the communists in Russia and the Soviet system.
And so the race for weapons of mass destruction, the race, I guess at the moment it's going on for bioweapons, the race for new technology that gives you more power in the world.
And it's absolutely guaranteed that the first country That adopts Bitcoin as a significant standard will run the planet.
I've been studying history for over 40 years.
I don't give many absolute guarantees.
That's an absolute guarantee.
Whichever country gains control of a significant portion of Bitcoin is going to run the ball.
And not just because of having a harder currency.
A harder currency attracts genius, and a soft currency repels genius, right?
So, as you know, the Spanish came to the New World and grabbed all of this gold and brought it back to Spain, which caused a massive inflation because it was a gold-based currency, and the talented and intelligent people left Spain, and Spain entered into a depression for 400 years.
400 years.
When the smart people leave, and smart people leave soft currencies, smart people leave inflation because they recognize what's going on and the futility of it, and they have the options and the choice to leave.
Smart people leave soft currencies, softening currencies, inflated currencies, and smart people are drawn towards Hard currencies.
And there's no harder currency than Bitcoin.
So any country that adopts Bitcoin as a significant standard and makes it easy to own and easy to accumulate, and certainly any country that also excludes it from capital gains, that country will run the world for...
I mean, I hate to say forever, because forever is a mighty long time.
But...
The Bitcoin race is not about owning Bitcoin.
It's about attracting the kind of geniuses who triple your economy in 20 years.
Because Bitcoin will reduce regulations, Bitcoin will open up the free market, and Bitcoin will reward people who work hard, who innovate, and who save.
Right now, under the fiat currency system, you get punished for working hard, innovating, and saving.
You get punished, you get robbed, blind.
So think of the tax exiles from the insane taxes that were going on In England, right?
You know the song The Tax Man by The Beatles.
That's one for you, 19 for me, right?
That's because The Beatles were being taxed at a 95% tax rate.
And so they left.
And they had to leave, and they had to go to different countries.
They had to live in different countries.
They could only spend a certain amount of time in England.
Otherwise, they were considered taxable in that regime.
Switzerland, of course, did very well.
Montreux did very well.
Bowie was there.
Queen was there.
Lots of artists went there to get away from these insane taxes, right?
And once smart people understand that inflation is the most insidious tax of all, It's like a thief, at least you have a chance, right?
You can run, you can use self-defense if it's legal.
But fiat, it's like being poisoned against your will and knowledge, slowly, right?
Drip, drip, drip.
You just get weaker and weaker.
So, robbery is a man's way of stealing from you.
The slow drip poison of fiat inflation is like female, in a way, right?
And of course, it's driven a lot by female inflation.
Taxation demands.
Or demands for the profits of taxation.
So...
Soft currency repels genius.
Hard currency attracts genius.
And a country's strength is entirely based upon the number of brilliant people in its confines.
Nothing more, nothing less.
The strength of a country is nothing more or less.
Than the number of productive geniuses in its environment.
And the only way to get those productive geniuses to come and stay is to have a hard currency.
Because people don't want to work hard if they're just going to get stolen from.
So, the colonization in the sense of the blockchain is the ultimate power grab in human history.
There won't ever be anything like it again.
And countries which stake their claim will win forever.
And countries that don't stake their claim will dissolve into irrelevance and most likely collapse.
Yeah, so...
The prediction from, again, Bitcoin for Freedom, Forbes Trump confirms Bitcoin reserve plan's $15 trillion market cap predicted, which is $800,000 per Bitcoin in 2025. Now, again, these are all just predictions and a doctor with a flashlight.
In fact, a proctologist with a flashlight can tell you where most predictions come from, but there's some math behind it.
So that's what people are saying.
Let them cook.
So over the next 116 years, 1.09 million bitcoins are left to be mined.
The spot ETFs have already bought 1.3 million bitcoins.
So the spot ETFs, which came out about a year ago, have already bought 1.3 million bitcoins.
There's only 1.09 bitcoins left to be mined over the next 116 years.
Wow!
Bitcoin is in fact growing faster than the internet was, and it's got all the signs of exponential growth.
Somebody, Rothmus, at Rothmus, R-O-T-H-M-U-S. Kind of nice to see.
He posted December the 12th.
One of my old tweets got 419,000 views.
Being pro-communist is just a basic sociopathy test.
If somebody hears over 100 million slaughtered and replies, yeah, but, boom, total.
Sociopath.
I'll give you the link for that so you can go and have a look.
Feel free to leave a comment if you should so desire.
But it's nice to see that some of the old resurrected tweets are still doing their flambé-style Spanish chef cooking.
I think this is interesting.
This is from Matt Hugen.
Hugen.
He's trying to say Hogan, but I think he got punched in the belly.
Hogan!
When Bitcoin hits a million, he writes, investors are going to look back and wonder how they've missed such obvious signs, including the once and future president of the United States keynoting the Bitcoin conference, BlackRock recommending a 2% allocation to Bitcoin in portfolios,
Bitcoin ETFs being the most successful ETF launches of all time by a factor of 6x, We're good to go.
This is just in, as of a couple of hours ago, again from Bitcoin Archive, Thailand to study the potential of hashtag Bitcoin as legal tender.
Former Thailand Prime Minister says his son, the current Prime Minister, quote, may assign the Ministry of Finance to study whether to accept Bitcoin or not, end quote, as legal tender.
And I think this is Someone in the Japanese government is also recommending this or something like it.
And, believe it or not, his name is...
What?
What's his name?
His name is Satoshi.
His name is Satoshi.
I wonder if we'll ever find out what happened to that guy.
I wonder if we'll ever find out what happened to that guy.
We'll see.
Now, what, I don't know if you know about this, but what quantum computing can do, potentially, in the long run, is liberate the lost coins.
Right, so if quantum computing gets close or within a bazillion miles, and Satoshi was writing about the risks of quantum computing way back in the day when he was starting all of this, but if quantum computing ends up being able to crack some Bitcoin encryption, well, of course, long before that, everyone whose wallet is active will have Moved to a new fork that won't allow for that.
But it means that some 20% or more of bitcoins are lost.
So quantum computing could theoretically go back and liberate old wallets that haven't been used in 20 years or more and liberate the bitcoins from that.
Not.
Bad.
If it's possible, right?
Theoretically, it could be.
Who knows?
But the idea that quantum computing could go back and rescue abandoned or lost or broken or trashed or abandoned bitcoins.
I guess that not many of them are abandoned, but...
Yeah, Michael Saylor, he's a big fan of Atlas Shrugged.
I saw a speech that he gave on Atlas Shrugged.
He said, there's 450 trillion in capital, in bonds, real estate, and traditional 20th century assets.
There's 1 trillion in Bitcoin.
So early.
Uh, this is just kind of funny.
Uh, Jason A. Williams said, My son, Seven, has discovered Deez Nuts jokes, and it's all he says now.
Everything is Deez Nuts.
He simply can't stop.
I asked where he'd heard that joke.
He made me promise that if he told me, he wouldn't get in trouble.
I agreed.
So he leans in and whispers, Deez Nuts.
That seems almost inevitable, doesn't it?
Almost inevitable.
You ever want to feel impressed with weaponized autism, look at Cap'n Cuber.
It was published under Messimo.
Cap'n Cuber solving a 17x17x17 Rubik's Cube.
That is really, really something.
What was it?
It's 2022. Mental health from The Sun.
Harry Petit wrote, Bitcoin fans are psychopaths who don't care about anyone.
Yes, yes.
They're just opposed to war and the steady theft of Wet-fingered, pilfering, pseudo-pod-in-the-pocket inflation.
Yeah, just don't care.
Just don't care.
My roommate, somebody says, my roommate just told me that the invigilator for his exam, did it used to be called Proctor's?
I don't know what invigilator is.
The invigilator for his exam shouted, hey Siri, mid-exam, and he caught like five people with phones.
These people are getting too creative, guy.
Isn't that wild?
I like this meme, uh, women, right?
80% of healthcare workers, 90% of social workers, 92% of daycare workers, 74% of teachers.
The women yearn for the home.
Yeah, because these are all sort of home-based, right?
They're all sort of home-based occupations, right?
Or that would reproduce the home stuff, right?
Um, let me just, sorry, I got a couple other things to talk about from my Twitter feed.
Twitter feed!
Oh, where did it go?
Right.
Right.
Thank you for the donation.
Somebody says, can barely articulate the impact your words have had on my life.
Infinite thanks with this finite tip.
I appreciate that.
Thank you very much.
I appreciate that.
That's very kind.
Very kind.
Let's see here.
Somebody says, "I wish I could have invested a 400 coin, but being on income cap, that But if you did be smart, don't throw your hard drift in the rubbish bit.
Yeah, true.
The next super bar will be El Salvador.
And certainly, absolutely, could be the case.
Could be the case.
Do you think porn needs regulation?
Because any woman can try it now.
I'm not talking about banning.
License.
I mean, you just need kids raised in a healthy fashion with loving parents and it won't be really an issue.
Supply and demand side.
Elon has mentioned that he's thinking about using Dogecoin as currency on his X network, assuming that the currency is backed up by Bitcoin.
I think it would be adopted.
Just a thought on how future online markets could look.
Yeah, so you have a visa network that is a layer over a fiat currency, right?
It is its own network of costs and accounting, double entry in a sense, right?
So it's layered over the US dollar, and there could be something that is all of that, right?
Somebody said, Edward says, Ready, Eddie?
Bitcoin is likely to crowd our most other cryptocurrencies due to its seven unique interlaced network effects.
One, investment and speculation.
Two, merchant adoption.
Three, consumer adoption.
Four, mining security.
Five, development applications.
Six, financialization.
Seven, global strategic asset.
Because Bitcoin is so far ahead in all of these categories, it makes it very hard for other currencies to compete.
Yeah, so what I think would be a layer that will work on Bitcoin is trust, right?
So let's say that, I mean, it's like a credit score, but for your Bitcoin, or a reputation score, I used to call it in my sort of DRO theory, but you can get it.
Everyday Anarchy and Practical Anarchy.
You can get those at freedomain.com.
So I think that the way that it will work is that if you have a wallet with a decent amount of Bitcoin in, and if you have regularly paid your Bitcoin debts, then people will be comfortable settling it later.
People will be comfortable settling it later.
So let's say, for whatever reason, it takes two days to settle your Bitcoin transaction, or a day, or an hour, when you've left the coffee shop, so to speak.
The real application of Bitcoin is in the B2B framework, at least for the foreseeable future, in my opinion, which is huge.
But if you are good for it, are you good for it?
Are you good for it?
Like if you've spent the last five years paying everyone, if you're later, Bitcoin debts, right?
Then people will just say, fine.
We'll settle it later, right?
We'll settle it later.
Yeah, it's fine.
I don't care if it takes a day.
I mean, I'd rather get the business, right?
So if your wallet has a good reputation, and there's layers you can build on top of that very easily, does the wallet pay its bills, have their big complaints, and does this person have a good or bad credit rating for later payment of Bitcoin costs or Bitcoin invoices?
And if you have If you have a decent number of Bitcoin and you have a very good reputation, a perfect reputation, say, for paying your debts later, it's just a cost-benefit thing, right?
So let's say you bought a house, you bought a car, you bought whatever, right?
A bunch of stuff on your Bitcoin and you paid it off, right?
Paid it off.
Whether immediately or in some sort of installment plan.
So you paid it off, okay.
So you didn't do all of that work to get a free coffee, right?
So the lower the cost, the almost infinitely less likely it is that you did all of that work and built up that credit rating just to not pay for a coffee.
Like that's just not how people work, right?
So if you have large transactions that have been settled through Bitcoin, then if you have a smaller transaction and maybe it takes a while to go through the network or whatever, nobody cares because you're good for it, right?
Like, just think of it like, I mean, we all know this, right?
You go to a restaurant, and you sit down, and you order the meal.
The meal gets delivered, you eat the meal, you have your wine, have a dessert.
They've never asked you for a penny, and they haven't even asked you for any proof of payment.
Of course, there are occasionally dine and dash people, but for the most part, restaurants work on the honor system.
They'll give you food.
You don't even have to show that you have a wallet.
You don't have to show that you have a credit card.
You don't have to show that you have any cash.
You don't have to pay ahead of time.
They'll just give you all the food, and they assume that you're good for it, and for the most part, they're right.
So, I mean, if you walk in in really shabby clothes to a really expensive restaurant, they might look at you askew, but for the most part, that's how.
I mean, a lot of the economy works that way.
Pay me later, right?
So, it's certainly possible.
So, this is Van Eck, predicts 180,000 Bitcoin and a US strategic Bitcoin reserve in 2025. Their top 10 crypto predictions for 25. Drumroll, please.
1. Crypto bull market hits a medium-term peak in Q1, sets new highs in Q4. 2. U.S. embraces Bitcoin with strategic reserves and increased crypto adoption.
3. Value of tokenized securities exceeds 50 billion.
4. Stablecoin's daily settlement volumes reach 300 billion.
5. AI agent's on-chain activity surpasses 1 million agents.
6 Bitcoin layer 2s reach 100,000.
Bitcoin in total value locked.
7. Ethereum blob space generates a billion in fees.
8. Decentralized finance hits all-time highs with 4 trillion DEX volumes and 2,000 billion TVL. That's total value locked.
9. NFT market recovery with trading volumes reaching 30 billion.
Yeah, I mean trading.
The NFTs were largely killed by state threats.
10. DEAP tokens narrow the performance gap with L1 tokens.
I understand about 95% of that, but you can look up anything you don't.
They said, Crypto bull market hits a medium-term peak in Q1, sets new highs in Q4. We believe the crypto bull market will persist through 2025, reaching its first peak in the first quarter.
At the cycle's apex, we project Bitcoin to be valued at about $180,000, with Ethereum trading above $6,000.
Other prominent projects such as Solana and Sui...
Could exceed $510, respectively, again.
Take that for what it's worth.
I don't take predictions too much, but there are some trends that make sense, I think.
All right, let me get to your comments.
I'm not going to do a super long show today, but I really do appreciate your support.
Don't forget, freedomain.com slash donate to help out the show.
How about a guarantee that a fool and his money are soon parted, or a fool in charge of a treasury will soon separate citizens from their dollar?
Yeah, somewhat.
Pretty amazing that it was written at least 2,000 years ago that God knew everyone would have live streaming tech to watch live events in Jerusalem.
Revelations T1, King James Version.
Interesting.
I remember when I had Fiat saved and then Subway eliminated the $5 foot-long sandwich.
That's when I realized the loss of my savings purchasing power.
Yeah, for sure.
Kairos says, I would argue that hard currency also creates geniuses.
Having money that appreciates means you don't have to waste your brain digging ditches and engage in leisurely activities like reading.
I'm sorry.
I think there's a typo in that.
All right.
Now at six figures or seven, what can you do with a Bitcoin?
Who will be able to buy one?
Adam's joke about a galactic PU. I don't know what that means.
The exchange rate was simple, but since you basically need your own stellar system to trade in for...
Okay, I don't know what you're talking about.
Sorry about that.
Sorry about that.
I can't follow.
All right.
If Bitcoin reaches the market cap of gold, that puts it at 904,000.
What was it?
El Salvador just found billions or trillions of dollars of gold or something like that, right?
All right, let's see here.
Bitcoin tends to lose 60 to 80% of its value every four years, true or false?
Well, until it gets institutionalized, right?
Any thoughts on Jordan Peterson leaving Canada?
Says it is turning into a totalitarian state.
I mean, I understand where he's coming from and I understand where he's going to.
But I don't have any particular comments on it.
Steph had a tech background, understands the importance of the state not controlling currency.
There would be much debate in the future if Steph was in fact Satoshi Nakamoto.
That would be interesting.
That would be interesting.
But no.
No, it's not.
Not true.
I know, yeah.
A lot of Bitcoin influencer space never references Steph.
It's confusing and off-putting.
Oh, no.
I mean, that's the reputational splash damage.
I get that.
That's fine.
Argentina looking better.
I heard they eliminated their deficit.
Yeah, you know, I would rather be sick than...
Watched a loved one be sick.
It's really tough.
It's really tough watching loved ones go through illnesses.
Illness isn't that bad when you're on the inside, but it's kind of tough to watch from the outside as a whole.
I mean, not all illnesses, but a lot, right?
Yeah, people trust employers to pay for their work after a month.
Yeah, that's right.
That's right.
Question.
If in a first world country people choose porn, gambling, drugs slash alcohol, won't people use a more valuable anonymous and easier transfer money system to consolidate the corruption?
I'm not really sure what that means.
I mean, people choose these things because they're abused as children.
They're just hunting dopamine because they're miserable because of prior abuse.
Thank you, Karis.
If you want to retype that, please, I'm happy to read it again.
I just couldn't quite follow it.
Somebody writes, simple version, if Bitcoin reaches stratospheric levels via fiat currency, how will it be used practically?
Will the fractional nature prevent this Satoshi coin or another level yet for saying buying and selling everyday goods?
I don't know.
But if the combined genius of the most brilliant people in the world can solve a problem, the problem will be solved.
The problem will be solved.
You can theorize that you don't know how the problem will be solved.
I don't know how a computer is built, but there still are computers.
Right?
I don't understand the mathematics behind quantum physics, but it's how computers run and work.
So, it's really, really, I can't stress this enough, man, it's really, really, really important that you don't have main character syndrome and assume that because you don't know how something can be done, it can't be done.
Well, how's it going to solve this and how's that going to be solved?
But this is all the way back to how are crops going to be picked if we don't have slaves, right?
How's that going to happen?
It's going to happen.
People need food.
How's the cotton going to be picked without...
Well, people need clothing.
They like cotton, so it's going to happen.
But there are these limitations.
I don't know how it could be solved.
It is vainglorious, and I push back on this hard, right?
It is vainglorious in the extreme to say a big problem with a system is that I don't understand how it could solve things.
The big problem with a system is I don't understand how things can be solved.
People will figure it out.
If it can be figured out, and if for whatever reason, there's some physical limitation, right?
So the whole issue is that Bitcoin is slow because it's decentralized, right?
That you need to...
Bitcoin hitting 103.331 during the show, a new all-time high.
Right.
Lightning Network can scale to 400,000 transactions per second on Bitcoin, which dwarfs Visa and MasterCard, so it'll be able to be used for everyday transactions.
Yeah, yes.
I mean, it's still a little janky, but yes, I think that it can be very fast, right?
So, of course, as I'm sure you know, the reason why Bitcoin is so powerful is it's decentralized.
The reason why Visa is so fast is it's centralized.
So if you want decentralized currency, which removes it from centralized control, you're going to have to accept slowdowns.
So you can, because you're betting, in a sense, your financial health and your life and all of that.
So you're saying that the biggest geniuses with the greatest conceivable incentives won't be able to solve a problem.
That's pretty tough, man.
That's a pretty tough thing to say.
Do you understand?
There are trillions and trillions and trillions of dollars of value locked up in Bitcoin solving these problems.
So you have the biggest geniuses, the most brilliant people in the known universe with the greatest conceivable incentive, and you want to bet against them solving a problem?
And the alternative is, and it's not just the biggest incentive in Bitcoin, it's the biggest disincentive in fiat.
So, the biggest geniuses get to be fantastically wealthy if they solve this problem, and they get to be broken in prison if they don't.
Biggest geniuses have the biggest upside in history and the biggest downside in history.
That is the big delta.
So the biggest geniuses can be fantastically wealthy and free or broke and or imprisoned.
I would not in a million years bet against that.
I'm just telling you.
I mean, I'm just...
I can't solve the problem.
That's all right.
But it's Bitcoin or a bust.
Right?
And not the fun kind of bust at Hooters.
It's Bitcoin or a bust.
You understand?
There is no alternative.
There is no second best.
There is no backup plan.
There's no plan B. There's nothing like that.
It's Bitcoin or bust.
We either are free through Bitcoin or we are enslaved forever.
And whichever country adopts it the fastest and the most and offers a safe haven, To people with the foresight and brilliance to have a reasonable amount of Bitcoin, that country will be the most powerful entity in the known universe forever and ever.
Amen.
And I'm not kidding about that.
And I talked about this many years ago, that there's a country that's going to create a safe haven and blah, blah, blah.
So, somebody says, I've been to many Bitcoin conferences.
The developers in Bitcoin are next-level genius.
Yeah.
I remember many years ago, being at a Bitcoin conference and the developers, I was giving a speech and they were talking about how, you know, well, you know, you can put your phone number in and then you have to approve everything with your phone.
You know, I mean, you can say that this is kind of, but it was pretty tricky back then, right?
The only thing that could stop Bitcoin is an EMP attack and nuclear strike on military bases.
No.
Nope, you're just repeating talking points.
Please don't.
Don't come to the show to repeat talking points.
That's just not true.
Have you never heard of solar-powered phones and Starlink?
Eh, I guess you could say if all of the servers were destroyed or whatever, right?
So...
Isn't Bitcoin just the latest certified stamped coin?
I love people who come in with questions that they could answer.
You know, let me Google that for you.
Somebody says, I make no complaints or predictions on Bitcoin.
I was just wondering if I understood the principle correctly.
The answer will either government can squash it or fiat currency ceases to be tradable for anything of actual value like Bitcoin.
Governments can't squash Bitcoin.
Even if that happens, there is a satellite in space with a copy of the blockchain.
Ah, yeah, yeah.
Yeah, but I mean, in terms of all the processing and the back and forth, there would need to be some rebuilding on that.
But I'm sure that they're going to try and get the internet into space as quickly as possible for just such an issue.
There are, sadly, a lot of people who just like to watch the world burn.
That's the way they do it.
Ah, that's the way.
Uh-huh, uh-huh.
They like it.
Uh-huh, uh-huh.
They just can't get enough.
They just can't get enough.
All right.
Any other last questions, issues, comments, problems, donations, support, freedom.com slash donate.
If all the Bitcoin servers are destroyed, I will personally run a node on my computer and collect all the mined coins.
Cannot wait.
That's funny.
Yeah, they're going to make the blockchain immune to localized environmental or military attacks, for sure.
Again, you've got the most brilliant people looking at interplanetary levels of wealth.
Because, you know, if Bitcoin goes to 30 millions a coin, anybody with a reasonable amount of Bitcoin can fund a trip to Mars.
Right, so they're looking at interplanetary wealth or social collapse, starvation and gulags.
You can bet against that if you want.
I personally won't.
I personally won't.
The only thing that can stop Bitcoin?
Ethereum.
Man, Ethereum produces more gas fees than SO. If civilization collapses and humanity reverts back to the Stone Age, the coin is worthless according to naysayers.
Maybe then, but I do not think humanity will be dealing with currencies.
Yeesh.
Well, I mean, if that's your failure scenario, then you might as well buy Bitcoin because your currency is going to be worthless too.
I mean, what do you think is going to happen to fiat currency if everyone goes back to the Stone Age, right?
That's not an argument.
That is not an argument.
Not an argument.
All right.
I think we'll stop here.
I really appreciate everyone's time, care, love, thoughts, and attention.
Thank you, Edward.
I appreciate that.
I really, really appreciate that.
And, sorry, somebody says, brilliant people made atomic bombs.
Look how others used them.
But it's all statism.
And atomic bombs were made from fiat currency.
Do you think Trump is trying to set a beachhead landing by making a Bitcoin strategic reserve?
If so, that USA is the leading country on crypto.
Yeah, for sure.
Merry Christmas.
Yes, Christmas donations, of course, are gratefully, deeply and humbly appreciated.
And it's a great month.
I mean, my daughter's birthday is coming up.
Christmas is coming up.
And I get to spend lovely time with your wonderful people.
So have yourself a wonderful, wonderful afternoon.
We will talk to you soon.
Lots of love from up here.
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