Luke Broyles: When Bitcoin price gets to millions it will spell END of the US DOLLAR

Bitcoin price scarier going up than down, here’s why…

Watch FULL Interview Here 👆

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Bitcoin price scarier going up than down, here’s why…

Understanding why Bitcoin is priced in fiat dollars BUT won’t be forever.

Luke Broyles: When Bitcoin price gets to millions it will spell END of the US DOLLAR

Summary

Luke Broyles and I sit down to discuss some hard hitting topics that confuse the average person and why it causes slow adoption that even bitcoiners don’t like to admit they are guilty of. We talk about why people resonate with his writing and videos so much and even toward the end we get in to some topics that are down the rabbit hole but have to make you sit back and do some deep thinking borne from the need to detach human depravity from the monetary supply. Of course we talk about bitcoin simultaneously being the solution and not being the solution as well as what happens when dollars don’t exist anymore. We also explore the different perspectives on Bitcoin as property or currency, particularly in relation to Michael Saylor versus Samson Mow views.

Presented by: https://btc-tc.com

Bio:

Less noise, more signal. Work at TheBTCAdviser and BlockwareTeam

#Bitcoin will save your energy. #Truth will save your culture. #Jesus will save your soul.

Connect with Luke here:

Twitter - https://x.com/luke_broyles

Nostr - primal.net/p/npub1pwz3959npp8rvrtdyc3g022dz594klp0q5rxtqsw63grhe58anhsh3tdyp

Company website - https://www.thebitcoinadviser.com/lukebroyles

Timestamps:

00:00 Why People Trust Luke’s Knowledge

11:17 The TOP 3 Bitcoin Experts in Luke’s Eyes

15:58 How to Talk to Someone About Bitcoin

22:14 Where Luke Thinks Price Is Headed Rest of 2024

29:25 No One Is Ready For Price of Bitcoin To Go Up

32:20 Bitcoin Compared To NYC Real Estate

39:20 Why He Thinks Saylor Doesn’t Say Bitcoin is Money But Property

47:10 Why Luke’s Content Is So Well-Received

59:59 Does Luke Think Bitcoin Is Divinely Inspired?

01:14:00 The ACTUAL Important Debate in Bitcoin

01:19:30 Bitcoin Could Save 100 Million People?

01:25:00 The EndGAME

Transcription:

Brandon Gentile (02:51.414)

Mr. Luke Broyles, thank you so much, sir, for coming on today. Being a playable character in this sea of non-playable characters, I'm very excited to have you today. Thank you.

LUKE BROYLES (03:13.641)

Happy to be here. Virtually.

Brandon Gentile (03:15.842)

So we, yes, exactly. We've shared some time together just over the last couple of years, whether it's lunches or conferences, stuff like that. For those that don't know your story, just kind of getting into Bitcoin, and there's all kinds of people, whether it's old and they've had to humble themselves and their system is all backwards now, or young people that are coming in, and maybe there's,

not as much relearning, you know, or unlearning I should say, but there's still a relearning process. What has that been like for you over the last handful of years, just kind of going through this fiat to Bitcoin transition?

LUKE BROYLES (04:00.365)

I think everyone has their own journey. I think a lot of people don't care about Bitcoin. I think Bitcoiners... We all have our biases. That's why we need Bitcoin. Bitcoin separates human bias and emotion from money. But I think Bitcoiners need to take a step back and realize most people don't care about money. Most people, most Americans do not care about money. They don't care about saving. They don't care about retirement. So that's the first problem. Before you get people to care about Bitcoin is better money, we got to remember...

most people aren't ready to be orange-pilled because they don't even care about money, right? And so I was always different in that, even when I was a teenager, I cared about money and retirement and all that, and like saving money, right? A lot of that is, I think, is my film background because I used to do movies, and those movies would have thousands or tens of thousand dollar budgets, which is a lot for a middle schooler or young high schooler, right? So I was used to money. I was used to spending money, paying people, doing a project.

But I realized that I need to save money. I need to save for my retirement. I understood compound interest. I understood the importance of saving money. In my teenage years, I was big into stocks and mutual funds especially. My grandfather passed on, left me a few thousand dollars. And I was like, what do I do? My parents never really taught me about money, which is fine. So I...

tend to be a little obsessive with the truth. I want to know the truth. I want to do my best to find it. And so I just started reading about finance, about money. I did everything, right? I watched hundreds and hundreds, probably more like thousands of videos about finance. I read a lot of literature about financial advisors, what they do, what they recommend, portfolio theory, monetary history. I'm a huge history nerd. So of course, thoughts about history and the history of money.

So all those things are really very unique, I think, for someone of age. And I'm not saying it to be arrogant, I'm just saying it because I think it's true. I think most people under 25 and probably even 30 just don't care about money at all. And then most people, even older than that, they don't care about monetary history, they don't care about what kind of money were people using 2,000 years ago. Most people only care about the last 30 to 50 years because they think that's all that matters to them. And so I think I was very...

LUKE BROYLES (06:23.701)

fortunate that I was gifted with the interest of things that most people aren't interested in, especially my age, because then I figured out Bitcoin a few years ago. And well, I figured out Bitcoin was important years before that. It took me a few years to understand the implications of Bitcoin, all the nuance with it. And it does take time for people to learn that. But that's where I'm at now. I figured out Bitcoin and I'm going to stick by that conviction.

as long as I believe there's not a way for humans to manipulate or control Bitcoin's network, right? As soon as I see that, I'm selling off all my Bitcoin instantly, and then I don't know what, probably gold, but I mean, I don't see that anywhere on the horizon, obviously. And I mean, to me, if Bitcoin is secure and decentralized, as long as it remains secure and decentralized, it's the most important monetary shift, probably ever.

Even if not ever, it's the fastest one by far. Monetary shifts took thousands of years, then they took hundreds of years. This one's going to take a few decades. And thank God it's not taking a few years, because if it did, that would probably mean chaos and World War III. But my hope in talking about Bitcoin and making content about Bitcoin is to make the transition and my small contribution as seamless as possible.

And again, I'm not saying this to be arrogant, but I'm saying this because to hopefully inspire the people. Just literal me, a few years ago I thought, who's gonna care about me, right? I'm a young 27 year old, I got no money, I got no CEO experience, I don't have a big stack, I wasn't buying Bitcoin at a dollar. I don't have the Lindy effect, I don't have the capital, I don't have the reputation, who's gonna relist me? But I mean, just the work I've done, I know for a fact I've helped many people save their portfolios, I've helped people prevent.

losing their stacks. I've helped many more people understand Bitcoin to a deeper level. Some people understand Bitcoin for the first time. So I mean, you know, and again, that's not the same special. It's just to say it's a numbers game. You know, if you got thousands of people and you do hundreds of consulting calls, I mean, you know, once in a while you hear the story of this person that, you know, saved money here or this person there that was orange-pilled because of me, quote unquote, even though I don't really believe that. But, you know, so it's very humbling

LUKE BROYLES (08:52.309)

Well, tens of thousands of people have in some minor way benefited from what the content put out. Hundreds of people probably benefited in a major way, and there are dozens of people that have probably saved their retirements in some aspect because of what I've done. Again, it's not me, it's just that truth is truth, and the truth will set you free. The truth needs as many...

advocates for it as possible. And so that's how we got here, right? And so my hope is that going forward in the future, compound interest, and the same way with investment returns, it's the same thing with society, right? You know, my greatest concern for the future is that the transition from political money to apolitical money results in political conflict and violence as the political powers of the ancient world cannibalize themselves into oblivion, right? That's my biggest concern. It's war.

And so I'm going to do everything possible to help people understand Bitcoin is not a threat, it's an opportunity. And this is my, I don't want to say grievance, but this is my disagreement with many in the Bitcoin community is that, I think this whole tear the old system down, these people are evil and all that, even if it's true, I think we got to be as careful as we can with helping people understand that

Bitcoin skyrocketing in price is not a pessimistic outcome, it's an optimistic one, right? Everyone on the outside says, oh, you just want a million dollar Bitcoin because you wanna see hyperinflation and masturbation, right? It's like, I think we really gotta kill that misconception if we want people to adopt Bitcoin, adopt Bitcoin faster, adopt Bitcoin more willingly and minimize the probability of my kids and your kids, Brandon, being in a trench in a war or something horrible.

like that, right? And not just war, there's many other threats just as large, if not larger. But anyway, I suppose that's my story. I'm very fortunate. I was a nerd and I came across Bitcoin and truth is truth. And I like to think Bitcoin is pretty objective. And now I'm just trying to help other people also see that. And hopefully my contributions multiplied by another 10,000 Bitcoiners.

LUKE BROYLES (11:12.821)

manifest to some real world change.

Brandon Gentile (11:17.662)

You know, it's really interesting, Luke, honestly. I feel like a lot of Bitcoiners are, there's so much to unpack there, what you said. I was writing down multiple different avenues to kind of go here, but one of them that I just was thinking of is, like I was a jock growing up, you know, and I was, you know, you know my story a bit, and I played hockey, and you and I have different backgrounds growing up, and I feel like that's the thing I keep coming back to, like Aladdin with Bitcoin trading cards, or BJ Dictor, who I do political Bitcoin hour with, like these different.

men that I work with or women and the people that you work with, Luke, like we all come from such different backgrounds, but Bitcoin, it brings us together because like you said, truth is truth. And it brings these people that probably a lot of people I would, I would, I would venture a bet that a lot of people in the Bitcoin space got along with a lot of people like growing up like in school, like they, they just got along with a lot of people. Doesn't mean they were friends with every single person, but they just got along with everybody. And that's what I feel like we have a bit now in this epoch of Bitcoin. So it's kind of interesting.

that you bring that up, because I was just thinking of that. And like you said, you kept going with the truth is truth, which kind of come back to later a little bit with the spiritual aspect of it in a way. But you mentioned something earlier too, with the central banks and how, you know, I was saying this on Cafe Bitcoin earlier today, actually, ironically, like the G4 central banks, just all their currency printing, you add it up and you divide it by all the different assets out there.

And it's just sideways, you know, over the last, especially the last 15 years. And it's just keeping up. And like you said, Bitcoin is the fastest horse in the race. Um, and then you, and then you talked about explaining this process to people and helping people who do you, in your mind, who do you think, who do you think explains like the dilemma that we're in the best, like who's the person that you kind of, I think I know this answer by the way, so I'm curious to see if I know who you're going to say, but who do you think kind of exemplifies this the best and explains this the best way for the average person to understand that this problem we're facing is transition.

LUKE BROYLES (13:00.381)

Hahaha

LUKE BROYLES (13:10.357)

I mean, the three names that come to mind are Jeff Booth, Alex Gladstein, and Michael Saylor. You know, I mean, as some people say, those names are cliché, but I mean, they're cliché because they're really good, right? You know, I mean, you know, Michael-

Brandon Gentile (13:24.31)

Booth was mine. I knew Booth was number one, so I'm glad you said that number one. I thought you might say that.

LUKE BROYLES (13:27.913)

Yeah. Well, yeah, I mean, I mean, I mean, those three guys, I think have very, you know, I think all three of them apply, you know, approach universal pain points for people. Right. To me, you know, even though I, in my videos and content, I resort much more to the number go up aspect of Bitcoin and the technical aspects of it, you know, technological paradigms. I mean, really the real heart of it that I think all the Bitcoiners really care about.

if they're genuine, is much more the Alex Gladstein humanitarian case. I mean, I think that's... I mean, it's just once... That's like a whole other level, right? When you can be in Bitcoin because numbers go up, oh wow, I'm making a bunch of money. Then you have more conviction when you realize, oh, it's not Bitcoin's rising, it's everything else is falling. Then you go a bit farther and you have the conviction that, oh wow, this is the monetary singularity, blah, that stuff more people think is woo-woo. But then when you get to the end of that...

thread and you realize the human cost of the two technological systems, I mean, that's for a lack of a better word, that's kind of when people get religious about it, right? Or obsessed, that's a better word. That's to me where people get obsessed, right? Where it doesn't matter if I lose money, it doesn't matter. I mean, and that's where I'm at. Like, I don't care if I lose, like, I don't care if I'm bankrupt. I don't care if I lose all my Bitcoin. I mean, it's just I...

want to have the maximum probability this thing succeeds, because I think there's going to be a tremendous amount of suffering if it doesn't, right? And there is still a tremendous amount of suffering today that doesn't have to occur, right? There's always gonna be suffering in the world, but I think that's where people get obsessed about it, right? And I think over time, people, on average, average Bitcoiner is less obsessed, right? I mean...

I mean, we are the early adopters. We are the very far end of the bell curve, right? So I mean, I think on average, we're a little more obsessive and paranoid about it than most people will be, you know? But anyway, I forget the question, but yeah. So, I mean, those are people that come to mind. Jeff Booth, Michael Saylor, Alex Gladstein, also Len Alden, Greg Voss, and others are really, really good. Larry Lepard, obviously, is a huge one, right?

LUKE BROYLES (15:52.113)

And those are all very valuable messages, right? Greg Frost has a wonderful message. Larry the Part is a wonderful message. Lenaldin is a wonderful message. And those are important messages. James Lavish, they're really important messages. But at the end of the day, frankly, I think most people are going to approach this via a much more technological or humanitarian component than understanding why Bitcoin is a default swap on all sovereign debt, right? It's just that doesn't...

Brandon Gentile (16:20.61)

I'm sorry.

LUKE BROYLES (16:20.997)

People don't care, right? People care about, oh, France is printing money and stealing money from 14 African nations. They're stealing child labor out of the Congo to make croissants in Paris. I mean, that's something people are gonna care more about than the risk-free yield curve, whatever stuff. Which, as they should be, right? So, anyway.

Brandon Gentile (16:29.556)

Oh, man.

Brandon Gentile (16:41.226)

Yes.

Brandon Gentile (16:46.862)

I think you have to nail in the head and it's something that Jeff has been just in those last week or so, some of the interviews he's done, cheat code, everything, and just the way he's... You can see him again iterating. We're all learning. We're all learning in different ways. I see you doing it. I see Jeff doing it. There's so many people out there, content creators, trying to... How can we keep retelling this story in a different way to catch a new person, right? And I think that's the beauty of a lot of this.

And it's selling in a way, a story selling. And I think of like Dr. Jeff too, who his frame lately has been for a while, for a little while now, I guess has been, stop seeing number go up. It's not number go up, that's the framing. And that's what Jeff has been saying for a while. But like, again, really hitting home on, you keep measuring in the fiat system and you're confusing the hell out of people. Like you're really confusing people because we're like, wait, like, is Bitcoin backed by dollars then? Like, why are you saying it's a hundred million dollar Bitcoin, like what's going on? And

Again, it's not number go up, it's price is going down. So I think that's like that big frame that you're getting at.

LUKE BROYLES (17:50.137)

Well, yeah, but you do have to meet people where they are, right? I mean, it's funny. A lot of people criticize me because most of my articles, videos, whatever, I talk about how Bitcoin could double, triple, 10X, 100X, 1000X, depending on your time horizon, right? And most people comment or most normies, or I say normies in a loving term, most people not...

Brandon Gentile (17:53.172)

Mm-hmm. A great point.

Brandon Gentile (18:15.746)

Not there yet, yeah.

LUKE BROYLES (18:16.057)

obsessed with Bitcoin, would look at that and say, oh my goodness, Luke, you're an idiot for saying a hundred million dollars to Bitcoin. Most of the Bitcoiners would say, oh Luke, you're ridiculous for trying to price it in dollars, blah, blah. So I can't make everyone happy, obviously, that's not the point, but you do have to meet people where they are, right? And for people to understand, oh, Bitcoin's better for the world's poorest, you first have to understand why is it valuable.

Brandon Gentile (18:31.09)

Right.

LUKE BROYLES (18:43.553)

And for it to be valuable, you have to communicate to people in the system they think that is value. Right? And most people, their unit of account is dollars, you know, and so you got to communicate to them in that. Right? I went on a Twitter rant, which I don't normally do, but I did yesterday last night. There was this guy bragging about how he'd rather own the S&P 500 than Bitcoin. He posted a chart of S&P returns over the last 12 years. You know, S&P has gone from what? 1500 to 5200.

Brandon Gentile (18:55.095)

Yes.

LUKE BROYLES (19:12.721)

10, 15 years or whatever. And I went on this rant explaining to him, like your argument makes no sense, right? You're criticizing Bitcoin because it's volatile and you're using the price history of the S&P 500 to back your claim. But the problem is that if you want to be intellectually honest, Bitcoin's way outperformed the S&P 500 in the last 15 years. That's a fact, you can't deny that, right? And so, in my rant, I get down to the fundamental problem that this guy who is a very pro traditional,

Brandon Gentile (19:13.174)

Right.

LUKE BROYLES (19:40.865)

dividend stocks, 60-40 portfolio guy, traditional finance, let's say. It's not that he's evil or stupid or dumb. It's just that he is initially biased to the dollar as his unit of account. If you're talking to an American and saying, oh, the Venezuelan stock market is at an all-time high, or the Turkish stock market is at an all-time high, they'd say, Luke, you're being intellectually dishonest. The only reason.

the stock markets in Venezuela, Turkey, Argentina, Sri Lanka are skyrocketing is because the currency you're valuing it and it's collapsing. The stock market didn't grow up 100X in Venezuela, the currency went down 99.9%. My rambling point there is that most people, you got to meet people where they are. They are emotionally attached to pricing the S&P 100 in terms of dollars, their unit of account, and then mocking Bitcoin in that same unit of account.

and therefore they get to inaccurate conclusions. If you really peel it back, you realize you're not saying anything objective here. You're just saying that in my perspective of the dollar unit of account being the best, this is better, right? But there's no objective reason to say the dollar is the best unit of account, right? You gotta consider everything, including Bitcoin, as a subjective unit of account. And then once you do that, try to perceive which subjective unit of account is most accurately communicating to be prices in the world.

And then when you realize that's Bitcoin, then that's where you kind of get into the objectivity, I would argue, of it. That all units of account are subjective, but the one that is most accurately pricing the world is the one that is the closest to objective reality. Anyway, my rambling point is that you got to meet people where they are. And most people, where they are is that they're pricing everything in terms of dollars, and they don't yet understand the unit bias $2 that they have.

because we've been living our entire lives with it. And so you got to communicate to them, Bitcoin's valuable and you got to do it in terms of dollars because that's where their head is, right? Then once you do that, then you can graduate to, oh, we can price it in boulevards and we can price it in pesos. Oh, we can also price it in oil and gold and houses. And then, you know, you keep going and then that's when you get to that epiphany that everything's an exchange rate and it always was. And my exchange rate is just as valid as yours. You know, and most people, again, aren't there.

LUKE BROYLES (22:02.845)

because they don't care about money. Most people don't even know what the S&P 500 is trading at. So how are they gonna understand anything I just said, right? You gotta meet people where they are. And the dollar pricing, Bitcoin and dollars is an oxymoron but most people aren't there yet.

Brandon Gentile (22:22.602)

Such a great point. It is, it's such a journey. No, it's a, hey, that's what this is for, right? It's a gauntlet, you know, right? It's a, you have to go through like, I always tell people whenever they're, you know, maybe some type of objection, I can't think off the top of my head, but it's, like, we didn't just wake up one day, you know, Luke and Brandon and, you know, all these other people and say, hey, I said an epiphany, you know, the archangel Gabriel came down for me, you know, Michael came down to me and he said, bye, Bichol, right? Like,

LUKE BROYLES (22:22.969)

Anyway, kind of, kind of a rant, but yeah.

LUKE BROYLES (22:29.396)

Yeah.

Brandon Gentile (22:51.874)

That's not how it worked. Like we had to go through a process and you had to learn. I came from politics and playing hockey, very political, and seeing that world of politics and sports, then also literally being involved in politics in the 2000s to gold and silver to real estate. And then, and I've told you some of my story, and then it's like, and then Bitcoin five, six years ago, where it was like, oh my gosh, like this was the solution. It was the life raft off the Titanic. All those things are on the Fiat Titanic. Every single one of the things we just mentioned are on the Fiat Titanic.

And it's going down. Like I think it's really funny at the election. Like the elections are basically trying to vote in a new captain of the Titanic. Like you've already hit the iceberg. So like what's that gonna do? You get a different guy to get the captain of the Titanic? Good luck. You're still going to the bottom of the Atlantic. In saying all this, where do you think, so to give you, not the price predictions, but where do you think like Dom Bae, Dom Bae was just saying like again, or Dr. Jeff like, hey, having

LUKE BROYLES (23:30.21)

Yeah.

LUKE BROYLES (23:44.066)

Hahaha

Brandon Gentile (23:49.89)

We're probably gonna, I wouldn't be surprised to have price come down a little bit here, right around the halving or maybe a little after the halving and then things kind of go up. What is your macro sense of, not in the price prediction and not 10 years from now, but what are you thinking like in the next three, six, nine months, like the rest of this year? How do you see things in your mind kind of playing out?

LUKE BROYLES (24:08.301)

I mean, I think up, I mean, I, you know, generally, I mean, yeah, directly up. I mean, I am very surprised we are trading where we're at. I mean, a year ago, I would have thought maybe by having we're like 40 to 45 grand, but nope, we've been past 70 grand for like two months now. Like what? I mean, I shouldn't be surprised, but I am. I'm continually impressed by how quick Bitcoin's...

Brandon Gentile (24:11.17)

Directionally.

LUKE BROYLES (24:37.393)

change the world because you know a lot of people in Bitcoin say oh Bitcoin's gonna change the world in the next five years. I'm like okay the dollar's not gonna hyperinflate in the next 18 months like chill out right but you know I think I am consistently too conservative at times though like I was taken aback when Michael Saylor started buying Bitcoin. I was shocked when El Salvador announced it as legal tender two three years ago I thought whoa that's like a decade ahead

Brandon Gentile (24:39.217)

Mm-hmm.

Brandon Gentile (24:48.942)

Mm-hmm. Yep.

LUKE BROYLES (25:07.441)

where I thought any nation, including a small one, would adopt it. I've been to El Salvador twice. I'm surprised, like I was there a couple of weeks ago. I was surprised that they're already working on like 700 teachers or so. They're gonna be teaching Bitcoin in their schools. I mean, for a small country like that, that's like a significant number, right? I mean, you can do the math out. That means in like 10 years, a significant portion of their young working primary earners in their 20s and 30s are gonna be

Brandon Gentile (25:26.926)

Wow.

LUKE BROYLES (25:37.529)

Bitcoin educated, probably working in Bitcoin for Bitcoin starts. I'm like, what? Like I was shocked when I was in Guatemala. I was surprised by the local adoption there. I mean, the ETFs, I'm shocked that the ETFs have already surpassed gold's boom years in the first years of the gold ETFs. I mean, like in every form, like I shouldn't be surprised, but so I mean, I don't know. My gut would tell me that we hit a hundred grand per Bitcoin, US dollars, late this year, early next year.

And maybe that's not true. Maybe we have some sort of interest rate crisis or banking crisis in America. The dollar becomes incredibly scarce period of time as we wait for newly printed dollars to liquidate the system or to lubricate the system. So, you know, maybe Bitcoin crashes. I'd be really surprised if it goes below 40 grand. There was a huge perception shift at 40 grand. And like it was night and day. And I think it's probably because my opinion

that we were going to have 40k but they haven't. It was probably consensus. I think it's probably what most people thought because that's what we would have had previous cycles. So I think it's unlikely to go below 40. I think unlikely to go over 100. But I mean, I intentionally make my content to not make a prediction within a certain timeline because 40k is illogical, 100 grand of Bitcoin is illogical, a million dollars is illogical. I mean, there's 2 million

Brandon Gentile (26:38.99)

Mm-hmm.

LUKE BROYLES (27:04.733)

per millionaire on the planet. I mean, you know, it's like, you don't have to be a ridiculous. It's not ridiculous to say in the next 10 years, one in 10 millionaires, 7 million people are going to want some exposure to Bitcoin. You do the math with the Bitcoin exchanges, like, okay, that means they'll only get a few million sats, which at, you know, the time we're recording here at the halving, that's a few hundred bucks. I mean, you're telling me that even if one in 10 millionaires

once a 1% to 5% allocation to Bitcoin. That's, I mean, it's just like the math is insane, right? I mean, I think most people are scared of Bitcoin going down, but I think if most people were intellectually honest, they'd be scared of it going up. And I think that day is going to come. Maybe that's 15 years from now. I think it's less. But I think it's just going to start going up.

and it's going to freak people out, right? I mean, on a micro scale, we already seen this in the last year, right? Everyone was kind of expecting, like I said, oh, 30, 40, 50 grand of Bitcoin by having, but then we hit 60 and 70 grand, you know, a few weeks ago, people were really terrified. People that would call me up and reach out to me because they're, you know, they're just not ready for it. They're not, we're not emotionally ready for it. You know, people, oh my goodness, I'm selling my business and I'm not selling it fast enough because you know, Bitcoin's doubled.

since I was going to sell it or I'm selling my house for Bitcoin and Bitcoin's doubled or I had it all in a single sig in my, you know, buried in my mattress or whatever or in my backyard. You know, and you know, just anyway. Yeah, so no, I don't have a price prediction because I don't really care. I mean, we could see maybe $100,000 Bitcoin this cycle. I think it's very likely. I mean, we could see a million dollars this cycle. I mean, I really think that. Just because...

You do the math, the ETFs have stated how much they want to buy. They've stated what percentage allocation they have. We know for a fact how many coins are exchanged. So the only question is, are the Bitcoin lunatics and obsessed psychopaths that were in this since like $10 going to sell their coins to the ETFs? I don't think so. And if they do, then that's a much lower cycle, maybe 100, $200,000 Bitcoin this cycle.

LUKE BROYLES (29:26.657)

If they don't sell, I don't know. I think it would be entertaining if Bitcoin went to a million dollars this cycle and everyone says, oh my goodness, wow, all the Bitcoin bulls were right. This time really is different. Bitcoin is going up forever. It's never going to crash again. The ETF's money here. Everyone ate them, right? At a million dollars. And then it crashes 90% or 80% because everyone at the top says, oh, ETF money is here. No.

Four-year having cycles broken. We've done a super cycle. This is it. And then it crashes. I mean, it's like Weimar Republic chart, right? I mean, anyway, I think Max Payne is extreme volatility. I think Bitcoin is gonna get more volatile in nominal terms. I think it's gonna double in half, double in half, and indefinitely. And the only people that should be worried about that are the people that get emotional with volatility.

Brandon Gentile (30:02.721)

Yeah.

LUKE BROYLES (30:23.865)

But the whole point of Bitcoin is to say humans can't tolerate volatility. I mean, I guess the whole reason we have fiat money, political money, the whole reason the Fed has mandates is because the Fed wants to manipulate things based on volatility of the economy. And so if you can get over yourself, get over your volatility, get off zero, I mean, you shouldn't care if Bitcoin goes to 10 grand or 10 million in the next 10 years.

I mean, 10 million is way more likely. So, yeah, anyway.

Brandon Gentile (30:58.27)

Yeah, no, it's wild. I mean, like, again, you make me think of a few different things here. It's like Bitcoin being scarier going up than it is down. Like, honestly, like I've really not gone down that rabbit hole, but I felt that, you know, like, yeah, I feel like there's a lot. Yeah, I know. I don't think any of us are ready. No, truly. That's.

LUKE BROYLES (31:10.745)

Yeah. Yeah, most haven't. Yeah, they're not ready. Most haven't. No, like I mean, endless, yeah. People are not ready for that. Even Bitcoiners, like they're just not ready. I mean, to me, it shouldn't be that controversial of a thing to say, but it is because we're all emotional, like myself included at one point. I was...

Brandon Gentile (31:28.526)

Mm-hmm.

Brandon Gentile (31:37.634)

Right, you're a human.

LUKE BROYLES (31:39.481)

I'm still emotional. I make that clear. I still got my biases, but I was much more emotional with Bitcoin at one point. But I mean, it's like the Alex Jones scenario of, you know, he had $50,000 of Bitcoin. Now it's worth a billion dollars. His problem was that he wasn't bullish enough, right? He lost it all on the laptop or whatever. Right? I mean, you know, I think most Bitcoiners are not, most Bitcoiners are crossing their fingers for a 10x, but they haven't even considered the possibility. You know, what if Turkey comes out?

Brandon Gentile (31:57.078)

Yes.

LUKE BROYLES (32:09.353)

Like two years from now, this cycle, right? Turkey comes out, a G20 nation, they're gonna start printing lira for Bitcoin, right? I mean like, holy cow, like that, you know, forget El Salvador, forget anything else. It's like, you know, I mean, we are, Bitcoiners are not ready for one G20 nation to begin printing legal tender for Bitcoin and that might happen one, two cycles out. Even if it's three cycles out, I mean, you know, we're just not ready for it.

Brandon Gentile (32:38.85)

No, no, we're not. And again, like that's it's funny. You made me think of the other. If you kind of circle back to the other thing, the point I was just kind of make, which was this, how many coins are lost? You know, or like this, that first epoch or two, you're looking at what 10, 15 million coins that were, that came into existence during those, those two epochs, you know, a large portion of the coin, of Bitcoin was, was mined during that period. And how many of those coins are lost?

or like the Alex Jones thing. So that's where I was thinking very before you said that, like, yeah, there's a good segment of people that could sell to the ETF. And that's what we don't know. To your point, we don't know. Are they going to sell and do they have access to those coins? We don't know. You know, like we don't know. And that's where between the hodlers, the people that are like, hey, I've got my keys and I ain't selling, because I believe in Bitcoin and I definitely don't believe in fiat currencies. Like no one believes in fiat currencies, but people believe in Bitcoin. And in...

That's the difference, right? Like that's, like I've never seen anyone say, I'm gonna hold my Bitcoin, no, or my dollar. No, you sell your dollar for assets, you know, if you can. If someone can, they do. They sell it for an asset and trade it. They sell dollars to buy an asset with it because they don't believe in the dollar, which is opposite in Bitcoin. So it's amazing to see going forward, who has the coins, who has the keys to their coins, how much of it is there? If they do, will they sell to ETS? And maybe it's some of it. That's gonna be fascinating. And this is the supply shock incoming, having everything. I mean,

Honestly, like you just said, man, the next epoch or so is gonna be wild. Epoch or two, it's gonna be nuts.

LUKE BROYLES (34:07.118)

Yeah.

LUKE BROYLES (34:12.033)

Yeah, I said this before, Jesse Myers has said this before, Michael Saylor said this before, so it's not... Maybe it's cliche at this point, but I mean, it's like Bitcoin being Manhattan or Bitcoin being the Homestead Act. It's like, you have the Western United States, let's forget the moral problem of the Native Americans that we slaughtered, obviously. But the metaphor still works, right? That at one point...

someone just shot off a gun and all the people in their wagons raced out and claimed their little parcels of land in Texas and modern day Mexico and Wyoming. It was literally just a land grab. It's like, get your butt out here, get over the Mississippi, go out and grab the land. And then once the land was claimed, then that's when the prices really started going up. That's kind of where we're at with Bitcoin. These first 15 years.

from Bitcoin going from six cents 15 years ago now to $60,000, right? Which is a six million X or 10 million X, whatever. Well, it's something like that. But my point is that we're at the near end of the period where all of the land just sitting there for free is grabbed. And now that...

Brandon Gentile (35:19.047)

A quick mental math.

LUKE BROYLES (35:34.853)

the guns are silenced and all the parcels are claimed, now we actually start bidding up the remaining parcels on the market. Market cap is downstream of price and price is set at the margins. So far in Bitcoin's history, we've not really had tight margins yet. And we're about to enter that where we have tight margins. There's Bitcoin just sitting out there for free on exchanges, essentially for free. I mean, if you view it as worthless, essentially for free.

Brandon Gentile (35:43.8)

Mm-hmm.

LUKE BROYLES (36:06.217)

We're yet to end the land grab where all of them are claimed. Now we can start debating about what a fair market value is for those that are willing to sell. Because right now, if I want to buy a bunch of Bitcoin, like if I'm a billionaire, I want to buy a bunch of Bitcoin, I don't have to force someone to sell it. I just have to get what's on the exchange because it's all just sitting there for cash. I got cash, it's on the exchange, boom. It's like the equivalent of Manhattan

is that, oh, down the south of the island of Manhattan's all built up. Oh, I'll just go get more land to the north of it. Right. You know, I could just pay a fiat fee. I get my, you know, couple acres of land north of Manhattan, north of Manhattan. Right. And that's what we've been doing these first 15 years of Bitcoin is we're chasing the industry up north. Right. I mean, you know, I was in New York City recently and it just amazed me. I've never been there before. But.

Brandon Gentile (36:57.025)

Yeah.

LUKE BROYLES (37:01.393)

like just a tiny part of the island was inhabited for hundreds of years, right? And then it went up north. But I think that's where we're at. I think this cycle, um, or next cycle, you know, at some point in the next decade or so, I think we just get to that point where we hit the end of the island of Manhattan and we're like, Oh, I can't just pay the city for this last acre of land. I got to look back south again instead of north and

Brandon Gentile (37:28.86)

Mm-hmm.

LUKE BROYLES (37:29.517)

Now I got to convince somebody to sell their acre to me, right? And I just, I think those are two wildly different markets. And I think, you know, most of us, most more conservative people in Bitcoin say, oh, the four year having cycle, you know, diminishing returns, blah, blah. Maybe that's true, but I think there's also the real possibility that, you know, maybe it's not. We've never entered a bull market with supply and exchanges decreasing. Like we just not.

That's just a fact. We've never had the ETFs approved. That's just, I mean, and so maybe diminishing returns is right. I just, I don't know. I think, I think every, you know, and that's the thing, you know, people outside of Bitcoin, they think that, oh, you're crazy for saying a million dollars Bitcoin, but it's like, even with diminishing returns, you get a million dollar Bitcoin in what, 10 years? I mean, that's a remarkable return, right? But, you know, I think that's just way too.

I think the concept of diminishing returns is way too pessimistic. I think the concept of increasing returns makes more logical sense. I don't know what price it is. I mean, if a million dollars is what the math shows is probably realistic from the diminishing return scenario, but diminishing returns doesn't seem to make sense once all the land in the cities bought up. I mean...

You know, we've seen this hundreds of times gold in the past, but we've just not seen it with Bitcoin. And Bitcoin is infinitely divisible and actually finite. So it has more potential demand and we know it has a lower supply. So anyway, you know.

Brandon Gentile (39:16.938)

Yeah, well said. On this on this property topic, this is a great segue. I would love to get your thoughts on. I had Samson Mao on a couple of weeks ago here, and he said that he, you know, doesn't it's not that he was like adversarial against Michael Saylor. He just was like, I don't believe everything Michael Saylor says, right? I don't I don't see eye to eye. And his point was this the gold rush thing, right, that he said in Madeira and that the mining supplies, there's kind of like two facets to it.

Which I think he understood more once I explained it to him, but he didn't hear that talk and he was just saying It's I'd love to get your thoughts on the on the gold rush because you kind of alluded to it in the next 10 years But Samson thought he was he was talking about the mining and he was saying well Most of them are already most of sats are already gone Like you just alluded to but I think what sailor was kind of alluding to again was what you just said Which is the real estate problem like there's only so much left There's still a chunk of it left, but after 2034 10 years from now like it's done 99%

Plus like the island, you've gone to the north and now you're having to trek backward south and you're now having to trade peer to peer with people because there's nothing on the exchange anymore. There's no free land. So I'd love to get your thoughts just on the gold rush and like kind of how Sailor was positioning that the next 10 years. And also the thing that Samson was saying about Sailor always says, or at least for a while he's been saying, well, Bitcoin's property.

the property thing, right? Like his property, it's property. He doesn't say it's currency. He doesn't say it's money generally. He might hear in there, but generally he's always framing it as property. I'd love to get your thoughts on, do you think that's something that he's doing just because he's such a public figure and he's such a big figure that he kind of has to play within those rules? He's a public company, all these different things going on. Do you think it's more of that or do you think it's something else? Because Sam's just like, it's a money, you know? It's a currency, man. Like it's a money. So I would love to get your thoughts on those kind of, those two things.

LUKE BROYLES (40:42.981)

Yeah.

LUKE BROYLES (41:13.037)

Yeah, well, I'll say this since you're asking so direct, but I spent, I don't know, half an hour or so with Mr. Saylor. Well, I actually was right before that talk. I was right before the Gold Rush talk. So that's kind of a fun tidbit with that, but we were backstage or whatever. So we talked and I asked him that actually, and then it was regarding Samson. I think it was the next day or the day after, but...

Samson and I had dinner together and we did a show together and We talked a lot about that cuz Samson and Michael of disagreements And obvious and you know, they're you know, they knew each other, you know decently well I suppose, you know, they've been on a lot of shows together, you know, I mean I have my disagreements with Sailor and I have my disagreements with now right? I mean like I mean I disagree pretty much everyone on something right, so I mean, you know, I mean

Brandon Gentile (42:10.402)

Right. It's good.

LUKE BROYLES (42:11.837)

I do disagree with them on certain things. I suppose what I would say to answer your question though about that is that, yeah, Sailor definitely focuses on Bitcoin as digital property and as an asset and not as a currency. If someone's going to say, oh, that's because he doesn't understand Bitcoin, it's like, yes, he does, right? I mean, because I'll hear people say that. They're like, oh, it's because he's not really down the rabbit hole. It's like, you know,

He understands Bitcoin. He uses it as a unit of account. His presentations, he gives it as a unit of account. Like, he gets it, right? Now, does he really believe it as a currency? I don't think he does. You know, I think probably, you know, he didn't give me a direct answer, but I think he would probably say maybe someday. But I mean, you know, he's been very clear that he thinks for decades, if not centuries, the dollar is going to remain the primary...

Brandon Gentile (42:48.003)

Mm-hmm.

LUKE BROYLES (43:12.581)

you know, daily currency, whatever, right? You know, and that actually, you know, I think to your implication that he can't say otherwise, I think it's actually probably true. I mean, I can say whatever I want, right? I don't have Luke stock trading on the stock exchange, right? I mean, I think we got to keep in mind, you know, Michael Saylor's got his company, you know, he's got shareholders, you know, I mean, he could be sued, he could have all kinds of litigation after him, right?

from SEC and Wall Street, but also the government. I mean, if he was out there actively calling for the death and demise of the dollar and putting his money in Bitcoin, I mean, that's, well, actually, kind of like what we were saying before in the conversation, that's not going to be an optimistic pitch for people to come to the Bitcoin side, right? And also it's frankly, probably not true, right? We probably don't have hyperinflation.

in the next short period of time. I do think hyperinflation of the dollar is inevitable. The only question is when, and I do think it's a long time from now. So yeah, I think part of the reason he says that is that he is a billionaire. He has been a billionaire for decades, and so his bias is probably more towards an asset as a currency. For people like where I've been in South Africa or El Salvador, it's much more of a currency, or Guatemala too.

They don't use it as a store of value, they use it as a currency. People in Guatemala, they may not have enough money to save, but they can use Bitcoin, save 10% on their transaction by avoiding credit card fees. To them, Bitcoin is more of a currency than an asset. That I think for the bottom two, three billion people on the economic ladder, Bitcoin first and foremost is going to be the meat of exchange, first and foremost be the currency, then the asset, because for them, that's what they need. For the people like Saylor, and more importantly, the people he's talking to.

The Wall Street guys, the billionaires, the nation states, that's the story, right? For them, it's an asset, right? And so that doesn't mean inherently one's more true than the other, right? I think both are true. And I think probably he feels like he has to stay closer towards the asset spectrum. So, you know, I don't know about between Sampson and Michael, their private conversations. I mean, you know, I think, you know,

LUKE BROYLES (45:39.813)

Samsung lean much more on the currency argument, Sailor much more on the asset argument. I don't know if there's a mutual understanding between them that it's just they're talking to different people and probably there is, but I think, yeah, I think this is why it's important for people to be careful with the words, because words matter. And I think Sailor is just a case of he's being very precise with his words. So anyway, that's regarding that discussion.

Brandon Gentile (46:03.17)

Yes.

LUKE BROYLES (46:10.321)

With the gold argument, I mean, yeah, I think he's right. I mean, I don't know what more you want me to say that. I mean, the gold rush is another good metaphor, right? It's like we have only just discovered gold in California in the last 15 years, and we're all going out there and picking up gold off the ground, right? Is it free? No, because you had to walk out there and pick it up. But we are yet to enter the point where there's no more gold left on the ground or in the rivers. Now we got to dig, right? I think that's kind of where Bitcoin is. We're ending the period where...

Brandon Gentile (46:18.816)

Mm-hmm.

LUKE BROYLES (46:38.769)

There was Bitcoin just laying around in faucets, people giving it away, people zapping sats to each other. Bitcoin just sitting on exchanges you could exchange fiat for. I think we're getting to the point where that's not available. The gold from the river is gone. All the land in Manhattan is claimed. Homesteading land rushes over. Now, we actually get to the margins and price has set the margins. Market cap is downstream of price. And so, I think...

Brandon Gentile (47:02.89)

Mm-hmm.

LUKE BROYLES (47:08.761)

I think that's optimistic both for the asset and the currency perspective. And it just depends. Are you a billionaire or do you have a net worth under a thousand dollars?

Brandon Gentile (47:20.462)

I will transition a little bit here because I don't want you to have to mind read too much. I don't want to play in the cognitive dissonance world too much and get into other people's heads. So I appreciate you amusing us a little bit. Speaking of analogies earlier, we talked about numerous different analogies. Your writing, so I've talked to you about this probably a year ago or so when we had lunch and your writing really strikes the court of people.

What do you think it is about your writing? You know, a year was a year and a half ago, you know, you wrote the piece, you wrote a few pieces and a couple of them really caught on and got really got circulated obviously. And what do you think it is about your writing that you see, some people have it like, again, Aladdin with Bitcoin trading cards, his genius, his own is community, understanding people and kind of how they tick. You seemingly have that in you as well.

That's something that I wish I had more of. Being a big burly jock. That's not something I have as much. So I idolize, I shouldn't say idolize. That's probably not a great word. But I look up to people like you. Yeah, exactly. Yeah, I respect and I look at people like you or Aladdin or certain people I know that they really understand humans. Like they really get humans and there's something in them that they can really relate to other people's empathy or whatever it might be. But what do you think it is that...

LUKE BROYLES (48:28.556)

You respect it. Yeah.

Brandon Gentile (48:45.47)

makes your writing differently, different than the average person who's out there writing and yours just strikes a chord. I mean, everything you put out there seemingly just, you know, whether it goes viral or not, it goes mini viral. Like you get your ratios are excellent, probably some of the best out there. So what is it about you and you just the way you're able to relate with people?

LUKE BROYLES (48:57.542)

Hahaha

LUKE BROYLES (49:03.033)

Yeah, I mean Yeah, a lot not a lot of people but Certain people that don't like me. Let's say you don't think I only do this because oh it's popular You get so many likes and clicks, but it's like, you know, they don't see the very negative emails DM's Whatever's I get and I do get a decent number of them. I actually keep a list of all the insults have been called I mean, it's like it's literally I don't know maybe a hundred, you know, I don't care. That's my point. It's like

Brandon Gentile (49:20.53)

Mm hmm. Yeah.

LUKE BROYLES (49:31.777)

I was doing this before literally anyone cared. I was making slideshows and doing presentations and like five people from college would show up and like hear me out. And of course, you know, just whatever, right? Because again, this is the obsessed end of the rabbit hole where it's like, oh, I'm not in Bitcoin because I want to be rich. I mean, yeah, I do, but I'm in Bitcoin because like, you know, again, we have this war.

between Israel and Iran, we have a war between Ukraine and Russia. I mean, political money accelerates the incentive for the military industrial complex, right? I mean, you know, actually, as a quick side note, this gets back to Saylor. Saylor has a lot of opinions about the CIA and the government and, you know, the history of America. And like, I know he has those, and he doesn't talk about them.

for the same reason, right? And it's like, like me too, right? Like, I mean, if one really wants to be honest and again, pursue truth, like if you look at the things governments, including America has done, like you quickly realize that, you know, the Bitcoin, the hyper obsessed people like me and Bitcoin are not in it because we want to make tens of millions of dollars. We're in it because we think tens of millions, conservatively of lives can be saved or...

indirectly saved, right? Or at least, you know, we can lower the probability of negative consequences, right? So anyway, that side note aside, I think people resonate with the stuff I do because they can tell that I've been doing this for a while and they can tell I care about it and that's my point in making this. I don't care if people like it or it goes viral or not, you know, I want to do it.

Brandon Gentile (50:57.76)

Yes.

LUKE BROYLES (51:25.481)

one way or the other and I can't justify my time doing anything else. I couldn't be at peace with myself if I was doing anything else knowing that this thing is here, it's up here. And now that I have gotten in this world and people respect me and people think I'm smart, I don't know. Now that I'm here and people are going to watch this conversation, which I couldn't have believed two years ago, or a year and a half ago even, but now that I'm here, now I have to double down. I can't back out because...

Now, oh, not only is this important, I got to contribute to it because I think it's important. But now, actually, it seems like me specifically is on a small level important in this, right? Not that it's about me, that's not what I'm saying, but it's gone beyond from the mission's important, I got to serve it, to now, oh, the mission or some people also on the mission have incorporated me into the mission and now it's even more important than I contribute, right? So, yeah, I mean, I think people resonate, frankly, because...

Brandon Gentile (52:05.442)

Mm-hmm.

Brandon Gentile (52:17.791)

Yeah, awesome.

LUKE BROYLES (52:26.713)

People need stories. People need to have a story told to them. You know, I mean, and this gets back to the account thing, right? People tell themselves stories of Bitcoin, even if they hate it. You know, they tell themselves a story that's too volatile. They tell themselves a story that's a bit of a hundred, right? I mean, someone to say, oh, I saved my retirement in bonds and stocks and the bonds and stocks go up in value every year. The story they tell themselves is because...

America's getting more valuable, the economy's doing well, and the stock market's going up. And that's what they tell themselves. That's a story they tell themselves. They have never in their life heard the story. No, it's the same value, but the dollars at which you're measuring it from within are now worth less. And you are mistakenly associating the technological gains of deflationary progress and more innovation. You're conflating that.

with the debasement of the currency which you're measuring it within, right? And most people have not heard that story. And so I think when someone comes out and says that story in a way hopefully people can follow, I think that's what, you know, it kind of is a light bulb moment, right? And this is, you know, I got a lot of criticism, you know, my first few months, you know, doing Bitcoin content. Cause a lot of people thought, you know, people now may not believe me when I say what I'm about to say, but people thought I was...

paid to say these things. They thought I was sponsored by some company. They thought maybe I was government spook. They thought, oh, surely he's using AI to write his stuff. I've never used AI to write my stuff. Maybe in the future, but I don't now, right? I'm not funded by anyone. Well, it wasn't then. Now obviously I work in Bitcoin full-time. But my point is that people didn't believe it because they're like, that was so meteoric. You were nobody and then you were everywhere, right? And like, I can't believe it. But...

Brandon Gentile (54:11.778)

work. Yeah.

LUKE BROYLES (54:22.365)

Because again, I thought, what do I have to add? I don't have the experience. I've not been a Wall Street CEO. I've never stood on a stock exchange trading floor before. What could I possibly know? But it turns out what I knew was to appeal to people where they are, right? I think most Bitcoiners don't have that skill. They just go over people's heads, right? They sit at Thanksgiving dinner and lecture their family about how they're crazy for not buying Bitcoin. But like, look, you're going over their heads, you know, like...

Brandon Gentile (54:40.738)

Mm-hmm.

LUKE BROYLES (54:50.909)

You gotta have them care first, right? I guess that's encouragement to anyone watching. It's like, you gotta, you know, the people in your life that you're trying to orange pill, quote, unquote, it's like, you gotta accept. They're not gonna listen to you until they care. And most of them probably, sorry, they're just not gonna care. Because most people don't care enough to overcome the difficulties with pursuing truth to actually understand, right? And so anyway, I think the reason people like my stuff was that...

I could tell a story and I think I thread the needle between.

LUKE BROYLES (55:27.485)

truthfulness and useful oversimplifications pretty well. I think a lot of people get too far into the oversimplification and metaphor world to where it's not really helpful or true. And then I think a lot of other people are way too factual and way too correct and it's just, it doesn't apply to people. I think it's a fine line to say something that is in the heart true and helpful.

But perhaps factually is incorrect, right? And so, you know, like many of the things I talk about, I think, you know, factually may not be true, but in heart it is true, right? Like, you know, is, you know, I can give a lot of examples, and perhaps I should now that I said that, but you know, like one example is, you know, do I really think Bitcoin is gonna save 10 million lives? Like, no, it's a number on a screen, obviously not, but, you know, every year 4 million people die

needlessly because energy is too expensive, right? Like every winter, 4 million people die from disease or cold exposure, right? I mean, we have a monetary system that artificially forces the cost of energy to go up every year. If we had monetary system that reduced that by half, that's potentially millions of people every year, go out a century, that's a hundred million people, forget war, forget healthcare, artificially becoming more expensive.

Brandon Gentile (56:28.907)

Mm-hmm.

LUKE BROYLES (56:55.725)

Artificially becoming worse. So it's like do I literally think Bitcoin is backed by electricity? No but it is Do is Bitcoin literally gonna save millions of lives? No, but it is Is Bitcoin a monetary singularity? No, but it is, you know, I mean, it's like, you know, and I think I think it's a difficult thing to bridge the understanding that people can relate to with understanding the heart of

Brandon Gentile (57:03.67)

Right.

Brandon Gentile (57:08.367)

Hahaha

Brandon Gentile (57:13.974)

Yeah. Great point.

LUKE BROYLES (57:23.525)

what's being said, right? And again, actually, I think going back to Jeff Booth, Michael Saylor and Alex Gladstein, I think all three of them, one thing they have in common is all three of them do that really well. Alex Gladstein does that really well from the humanitarian perspective. Jeff Booth does it really well from a technological perspective. Michael, from an asset preservation perspective. And I think that's a hard thing is to realize that

to share truth, you have to meet people where they are. I think Bitcoiners, because we're so early, we're so far in the end of the curve, the bell curve of, we get a little more into the psychopathic, obsessed, weird world, that are so hyper obsessed with, just the way we are about truth is that we forget that we gotta meet people where they are. And sometimes in order to meet people where they are, you have to grit your teeth and endure.

the oxymorons or endure the oversimplifications like pricing Bitcoin in terms of dollars or like using metaphors. Do I think Bitcoin is literally the gold rush? No. Do I think Bitcoin like, I think that's something very hard for people to do. And I think most Bitcoiners are on one end of the bell curve where they're super hyper specific. And on the other end, people just don't care.

Brandon Gentile (58:27.73)

Mm-hmm. Yeah.

Brandon Gentile (58:37.678)

great point.

LUKE BROYLES (58:51.069)

Because I do get negative criticism for that. But one example I always like to give is the solar system, right? It's like if you're going to try to explain to somebody that knows nothing about the solar system what it is, like first you've got to establish that Earth is not flat. Then you've got to establish that Earth goes around the sun. Then you've got to explain what planets are, and moons, and the asteroid belt. And it's like there's so much complexity. And most people are at the Earth is flat.

Brandon Gentile (59:15.97)

Yes.

LUKE BROYLES (59:20.633)

stage. And the Bitcoiners know about the atmospheric composition of Neptune. Right. I mean, it's like, it's like two different extremes. And you got to have somebody in the middle say, you know, you got to have someone bring in the kindergarten explanation of the solar system with the maps and the charts and the visuals that aren't true, like that are actually false, but in a heart and spirit are useful at helping people get to that next level and understand. Right. And so I think, you know, I

Brandon Gentile (59:21.184)

Mm-hmm.

Brandon Gentile (59:35.767)

rigid path.

LUKE BROYLES (59:50.201)

I mean, when that kind of, it was after my second or third Twitter thread article in early 2023, where all I'm kind of saying, rambling about hit me, where it's like, oh, that's my contribution. That's what hit me. I'm like, oh, okay. Now I see why people care about it because it's trying to help people understand something that we inherently can't understand yet. Right? Like we're trying to understand future technology and we're just, nothing is going to be factually true that we predict about future technology. But directionally.

it's true, right? And nobody, by the way, nobody can predict that accurately. But anyway, so yeah, long catch or short, I think it's just my stuff, my content helps people hopefully paradigm shift. Meet people where they are, pricing things in dollars, pricing Bitcoin dollars, you know, reel them in, help them understand that, oh wow, Luke is telling a story here, and I've also been telling myself a story because most people aren't aware they're telling themselves a story, right? And that I think is the first step.

to realize, yes, I'm telling a story, but you also been telling yourself a story. And the only question is, which story has more accurate bearings on the world? So, yeah.

Brandon Gentile (01:01:02.962)

Yeah, it's so well said. And I just think of self-deprecating, empathetic, authentic, and you can tell a story, right? Coming from the film background and things that you've done in the past. So I think that's one of those reasons. You kind of spin all that together, which it comes together beautifully many times. It makes me think of my friend, one of my good friends forever that I've had. He always would say, don't let facts get in the way of a good story, right? And it's like, you're directionally correct.

It makes me think of the invisible age too, right? Bucky Fuller talked about this decades ago. Robert Kiyosaki kind of took that mantle. Ironically, Max Kaiser did too, actually a Bucky Fuller student as well, and talking about the invisible age and people not being able to see a lot of this, right? It's very hard for people to comprehend these things because it's ephemeral, it's in the ether. It's very hard. You know, it's like we went, we're going from cash, you know, physical things, gold, like it's hard to bridge this gap somehow. And it brings me to Jesus, you know, using parables, right? And

Not all these things in the Bible happened, actually. He was using stories to make points to people. It was directionally correct. Doesn't mean it was all true, but he was trying to make points to humans because he knew obviously this is how humans learn. And I think that that's you do a great job of that. In saying all of this, I want to I know we're getting towards wrapping here soon. What do you think about the divine?

LUKE BROYLES (01:02:21.245)

I'm going to go ahead and turn it off.

Brandon Gentile (01:02:23.454)

nature of Bitcoin. Do you think it's divinely inspired? I would love for you to give your two sets on this component of the argument. Talk about other end of the bell curve here. What are Luke's thoughts on where this comes into play?

LUKE BROYLES (01:02:36.557)

Well, yeah, first I got a comment on the film saying, you know, because this is something that I've just understood for most of a decade now, you know, because I was in film from back when I was very young. But, you know, most people just don't realize like pretty much everything in a movie is a lie. Like, like, like everything in the movie is a lie. Like it's not true. You know, like, like the, the message, the meaning, the, the synopsis of the film, like, like that can be true.

Brandon Gentile (01:02:45.708)

Mm-hmm.

LUKE BROYLES (01:03:05.253)

But literally everything in the film is a lie. The actors are not actually feeling those emotions. The makeup is fake. The CGI is fake. And the storyline is fake. The characters are fake. The frame rate at which the film is filmed is fake. Why do we choose 24 frames per second? It's because it's the closest approximation to what we feel like the Earth's speed.

is in a dream state, right? This is why some people do 24 frames, some people do 30 frames. You do 30 frames a second when you're trying to have realism, right? Like a documentary or sports or news or something like that. You're trying to do 24 frames a second when you're trying to give the feeling of a hyper conscious state like dreaming or something, right? So literally everything in a film is, if you wanna be dramatic, a lie. I guess that's a little harsh of a word, but it's not true, right? So I think that's, yeah.

Brandon Gentile (01:03:55.531)

Mm-hmm.

Brandon Gentile (01:03:59.726)

exaggerates him. Yeah.

LUKE BROYLES (01:04:01.433)

Well, not even exaggeration, because there's not even something there, right? And we actively celebrate, and we're not aware of that. We're so conditioned to them not being true that we actively celebrate movies when they get somewhere close to truth. We celebrate practical effects. We celebrate method acting and when actors immerse their characters. Because it's like the norm is everything's a falsehood. And so when something approaches

Brandon Gentile (01:04:04.874)

Right. Yeah, that's a great point.

LUKE BROYLES (01:04:29.893)

being anywhere close to real, we just applaud it. So anyway, I've made a little rant about that, but yeah, no, I don't think Bitcoin's divine. I mean, I... Well, I guess, yeah, we can go on a long conversation about that, but yeah, I mean, yeah, I think a lot of people, I mean, just yesterday, someone I know, someone I met.

Brandon Gentile (01:04:43.914)

How I divinely inspired.

Brandon Gentile (01:04:51.01)

I know, I'm gonna need part two in the car ride in a few months.

LUKE BROYLES (01:04:59.909)

When I was in Portugal for the Bitcoin conference we were talking about before, she just took up a Bible. She just bought a Bible last week, I guess, or whatever, and started reading it. She's in her 40s or whatever, I don't know, 40s, 50s. She said Bitcoin brought her to the Bible. I'm like, okay, great. But I think it's just that most people don't...

realize they've been telling themselves stories their whole life. Most people don't realize they haven't been pursuing truth their whole life. And then when they get into Bitcoin and they realize, oh, I've been telling myself stories everywhere in my life, my whole life, and oh, what is truth? I've never pursued any form of truth, you know, religious truth, spiritual truth, you know, familial truth, personal truth, you know, monetary truth. Right. And so I think people realizing that, oh, I've been telling myself a story and people realizing, oh, I've...

something I've been really wrong about. I think it encourages people to think critically and ask questions. In general, not even the spiritual aspect, but just secular. I know a lot of people that have said they're willing to get on a diet, start losing weight, get married, start a business, move, change jobs, whatever, in part because Bitcoin inspired them to do that. Or really, not even Bitcoin. It's their...

Perception shift and Bitcoin is just a catalyst in that, you know, many catalysts, right? But anyway Yeah, there are some people at Bitcoin that think Bitcoin is God. I do not believe Bitcoin is God There are some people that believe Bitcoin or Satoshi. Let's say we're divinely inspired placed by God. I mean I Would say no because I don't think Satoshi was uniquely placed But I would say yes, because I think everyone's placed right? So, I mean yes and no I suppose I think

Brandon Gentile (01:06:49.582)

Yeah.

LUKE BROYLES (01:06:53.073)

the reason people attribute divinity to bitcoins because it's based on math and it's outside of human oversight. So I understand that, but to me, it's no different than saying a wheel is divine. I mean, the reason the wheel is special is that it has a perfect infinite circumference and you know, pi, infinite ongoing number that is endless, right? Like a square with curves, or it should be with corners.

humans manipulate and make. So I mean, to me that's kind of how I think of Bitcoin, that it's a wonderful tool. And in the same way, a circle, a perfect circle, reflects beautiful mathematical truths that are outside of human comprehension. I think Bitcoin in many ways, because it's math-based, is a beautiful, wonderful tool that reflects mathematical qualities of the universe. I think there's also the other component too, that...

Money is a value system. Money is a priority hierarchy. I mean, like you said with Jesus, Jesus talked a lot about money. Many people have not read the Bible and they don't realize Jesus talked a lot about money. Why? It's not because money matters. He made that very clear. The money doesn't matter. But the way in which you orient your values and you orient your priorities and you orient where your treasure is, your heart will be there also. And so likewise,

Brandon Gentile (01:08:19.885)

Mm-hmm.

LUKE BROYLES (01:08:20.881)

That's why Jesus talked about money, because it's not that the money matters, but it's that the money is an indicator of where the heart is. So I think when people come to Bitcoin to reorient their priorities, they orient themselves away from the most numbers possible is what I want to, the most time is what I want. They transition from, I want the biggest number in my 401k, I want the biggest number of square feet in my house, I want the biggest number of cars, the biggest number of vacation days, to I just want the most time I have.

doing things that have an impact on the world. So I think Bitcoin inspires those things because it forces people to accept, I've been telling myself stories my whole life. It forces people to accept some of those stories not true. It forces people to accept maybe my priorities have not been optimally oriented for some, if not the entirety of my life. And I think it also, another component is it breathes objectivity.

Bitcoin forces people, I think, to look at the world more objectively versus subjectively. Right? You know, I guess that's a longer conversation, but you know, I think we're really losing that these days. I mean, we are forgetting that, you know, we're forgetting objective truths about the way the world operates now and everything's subjective. There's my truth and your truth. And it's like, no, there is objective truth. We have subjective opinions about what is objective truth.

But I think for all those reasons and probably a few more, I think people get into personal development, life development, spiritual pursuits, and yes, Jesus, as a result, directly or indirectly Bitcoin. And again, a lot of it's semantics, but it's important.

LUKE BROYLES (01:10:18.533)

tools for advocating the gospel of the century? No, but yes, right? I mean, it's like, it could be not true, but true, right? It's like, yes, because I think it's a catalyst, people learning about, but no, because I think everything at the end of the day is gone, right? So, you know, there are a lot of nuance there, and the English language is not best at, you know, nuance sometimes. But anyway, yeah, no, I don't think Bitcoin's gone. I think it's a wonderful tool. And hopefully, or really, this is the real reason I'm in Bitcoin. It's like, yes.

Brandon Gentile (01:10:24.526)

Thanks for watching!

LUKE BROYLES (01:10:49.013)

I want to see Bitcoin go to a million dollars, or 10 million, or 100 million dollars. Yes, I want to see that, but more so I want to see purchasing power grow up, and more so I want to see everything else come down in terms of Bitcoin, and more so I want to see the humanitarian case for Bitcoin become real and help save millions of lives. But really at the end of the day, what I really, really want to get down to it is I want people to live best lives possible and live their lives in Jesus' name and not their own name.

And some people will, some people won't. I get it. Humanitarian case, people will always suffer. I actually don't like the phrase Bitcoin fixes the world because I don't think it does. The problem with the world is not Central Bank. There were problems in the world way before the first Central Bank. So, but again, it's true, but it's not true, right? Like it's true. It's true, I get it. It's a useful oversimplification. Fix the money, fix the world. I don't.

Brandon Gentile (01:11:38.326)

Mm-hmm.

Brandon Gentile (01:11:41.658)

I was just gonna say, it fixes everything, but it doesn't.

LUKE BROYLES (01:11:47.925)

hate on people when they say that, but it's also not true, right? So anyway, yeah, the real reason I'm in Bitcoin is because I don't care about Bitcoin at all. And Bitcoin is a means to the end for helping human beings, right? And I think that is the main lie of fiat money is that fiat money places controlling the money supply as the ultimate goal. But I think

Brandon Gentile (01:11:51.051)

Yes.

Brandon Gentile (01:12:04.119)

Yes.

LUKE BROYLES (01:12:18.309)

surpassing the need to do that at all, I think is.

You know, being in control of my supply is saying, I am God of this system. I can create energy of nothing, you know, and pride is the sin, pride is the sin of the fall, right? Adam and Eve said, you know, God, we don't want your rules. We want things our way. We want to build life in our own way. You said, don't take the fruit. We're gonna take the fruit. And, you know, we're gonna be our own gods, Lord G gods. And so, you know, I think

Brandon Gentile (01:12:37.325)

Yes.

LUKE BROYLES (01:12:53.801)

Bitcoin rabbit hole forces people to accept, oh, I've been within a system that worships a monetary god, right? Not that I think it's directly blasphemous, but that is what it is, right? Jerome Powell is the monetary god of the US dollar, right? You could argue it's a polytheistic religion with the different central bank directors, but that's basically what it is. Yeah. And so if someone goes down the rabbit hole and realizes, oh,

Brandon Gentile (01:13:15.614)

Yeah, with a one world currency. Dollar, yeah.

LUKE BROYLES (01:13:23.641)

you know, humans... And ultimately, this is perhaps the most important part, is that the reason fiat currency does not work is because humans are immoral, is because there is no such thing as a good person. Even Jesus said, I'm not good, you know, separate from the Father, right? I mean, and I think if someone really wants to be honest, and that's controversial, I just said, but if someone really wants to be honest with themselves when they go down the Bitcoin rabbit hole, they will accept...

The only reason fiat doesn't work is because we can't trust any humans, right? If there were some humans that were good and some that were not, the ones that were good would win out, because their currency that they manage preserves purchasing power, the ones that don't. So, you know, I think when someone realizes the total depravity of man alone, you know, they will accept that, oh, of course it makes sense that a monetary system separate, you know, that is the innovation of Bitcoin. Bitcoin separates monetary...

influence from human depravity. And that doesn't mean that Bitcoin is God. That just means that it is a sign that things that have less humans involved generally are more moral and more good. The calling of Jesus and the calling of the Christian is go out, love those in the world, be in the world, not of the world, and accept that humans are totally depraved and humans are

Brandon Gentile (01:14:26.274)

Mm-hmm.

LUKE BROYLES (01:14:53.125)

loves them and is willing to sacrifice himself, his perfect self, a perfect sacrifice for one not, you know, human beings cannot ever be a sacrifice. No matter of works we do, it's going to be enough because we're imperfect. We're an imperfect sacrifice, right? And that's why we need a perfect sacrifice. And so, you know, a perfect monetary system outside of human depravity, I think, is a major big orange directional arrow to...

other forms of truth, right? And not everyone will agree with me on that. And that's fine. I have my subjective opinion, they have theirs, and at the end of the day, there's only going to be one objective truth. So, yeah.

Brandon Gentile (01:15:30.686)

Yeah, well said. Yeah, it's I was going to ask you, you know, I guess what you're hopeful for here in wrapping, I went to less like little things, but that's kind of answers it in a way, I guess is what you're hopeful about and what you're here for. It's funny, because that I'm sure in a few months, when we have a bunch of time to spend together, I'm sure we'll talk about a lot, right? But it's like the 10 commandments, if you follow those, then any money works, right? It could be fiat, it could be anything, right? Like

LUKE BROYLES (01:15:37.787)

Yeah.

LUKE BROYLES (01:15:55.517)

Ha ha ha. Yeah.

Brandon Gentile (01:15:57.322)

If you just all of those, none of these other things would even matter. It wouldn't matter, right? Like Bitcoin works, fiat works, it all works. But here we are. So.

LUKE BROYLES (01:16:03.645)

Well, to backtrack a little bit, this is why I focus, especially the second half of the conversation, a lot of people will click away from us because it's not Bitcoin number go up, but it's so important. Because if you don't accept in a first principles that you're telling yourself stories, if you don't understand these things, then you're going to buy Bitcoin and you're still going to convince yourself of stories aren't true. You're going to buy Bitcoin and hold the ETF. When me and you, Brandon, and others, I would agree with.

Brandon Gentile (01:16:14.39)

Yeah. Yeah, it is.

LUKE BROYLES (01:16:33.477)

are trying to hammer home, it's nonsensical to own the Bitcoin ETF. If you could trust humans, we wouldn't have a need for Bitcoin. So why are you trusting humans with the ETF? It's like, most Bitcoiners, I think, oh, I understand Bitcoin, but they don't really understand it from the first principles of why they ignored it in the first place, of what the main problems are. And so that's why they believe diminishing returns. That's why they believe that the ETF is a tolerable counterparty risk to have. It's why they believe these things, because they don't understand the building up...

Brandon Gentile (01:16:58.051)

Yes.

LUKE BROYLES (01:17:03.573)

what the problem is in the first place. The problem in the first place is not that the money is bad and now it's good and get any exposure to the price action to do money and you're fine. It's like no, the problem is human sin and human depravity. And so in economic terms, the problem is single points of failure counterparty risk of the currency, right? Deprave the money from that, then you're good, right? ETF introduces that, right? So anyway, as a side note, it is really important both for the spiritual component, but also the money component.

Brandon Gentile (01:17:33.357)

It is.

LUKE BROYLES (01:17:33.625)

But yeah, I mean, the answer to your question, my hope is that we see a better world, right? I mean, you know, I kind of mentioned this earlier, but, you know, 4 million people a year from energy costs artificially going up. How many people have died because healthcare is getting more expensive every year? How many people can't afford homes because homes are getting artificially more expensive every year, right? What about college? I was having a conversation with someone who was about to graduate high school.

Last night, they can't afford college, right? You know, 60 grand a year, it's like crazy, right? It's like, how many people are needlessly dying or needlessly having lower quality of life, right? I mean, even things we don't think about, right? Lead poisoning, right? I mean, most people don't know how many people die of lead poisoning, right? Do we think about that, right? What about the fact that all famine is caused by political instability today, right? What about the fact, like I said before, that France is dumping their own currency

Brandon Gentile (01:18:06.243)

Mm-hmm.

LUKE BROYLES (01:18:32.261)

on the 14 sovereign African nations, right? I mean, it's like literally like, what is the fastest way to stop kids in Congo, mining for cobalt and suffocating under the ground, right? What's the fastest way to stop the 85 year old woman in Eastern Europe freezing to death this year or getting a cold because she had the thermostat five degrees lower than where it should have been, right? I mean, it's like, what's the fastest way to accelerate all these things?

Brandon Gentile (01:18:59.347)

us.

LUKE BROYLES (01:19:02.913)

It's detached human depravity from the monetary supply. And the only way to successfully do that is to create a mathematical algorithm that can sustain on its own. And the beauty with technology is not that technology is a god, but it has enabled us to achieve that major milestone that, oh, we can have computers and electricity and the internet manage this for us to where we don't know how to stop it, right? Humans know...

how to divert an asteroid from hitting the planet. We have run experimental tests, we've actually had probes hit asteroids and move them significant distances, right? We know how to do that. We do not know how to stop Bitcoin. That is the innovation with Bitcoin, right? That's the innovation that if we separate the brokenness of man from the base layer monetary system of the world.

the second order effects, even if not directly true or literally true, the second order effects are extremely true. And I think the difference of Bitcoin and NoBitcoin is hundreds of millions of people in the way. And I don't think you have to be wildly absurd to extrapolate that out in a working career. And obviously, if we lower the probability of World War III in the process, that'd be nice in that.

And I think, yeah, so anyway, that's my hope. Help as many people as possible. Help as many people retire as possible and help as many people.

Brandon Gentile (01:20:28.106)

Yes.

LUKE BROYLES (01:20:41.213)

Pursue truth as possible. I'd rather be poor and pursuing truth than rich and believing lies.

Brandon Gentile (01:20:51.562)

Yeah, couldn't agree more, brother. It makes me think of Jeff Booth. I don't know if it was with Nico or it's this weekend at Chico, one of them I was watching was just saying, World War I never ended, fighting over money, like you just alluded to, maybe think of it, just the human death, whatever, 100 million people dead over the last century just because of war, fiat wars going on, just insanity.

LUKE BROYLES (01:21:02.821)

Right.

LUKE BROYLES (01:21:12.965)

Well, yeah, and I guess one more point I should say is that 18 million people died from the pandemic in the last four years. Well, not from the pandemic, but in the last four years, 2020 until now. Well, yeah, actually, this is a great place to end, you know, it wraps up your question. You know, we are filming this April 18th, the day before the Bitcoin halving, right? Let's think about all that has happened in this last halving cycle. We had the pandemic, we had the lockdowns, we had the riots, we had the protests, we had the supply change issues.

Brandon Gentile (01:21:24.151)

in the last four years.

LUKE BROYLES (01:21:42.149)

We had China ban Bitcoin, El Salvador adopted Bitcoin, Michael Saylor adopted Bitcoin, we had the ETFs, we had so much happen this last halving cycle. And so if we think forwards, so much more is gonna happen to Bitcoin this upcoming cycle. And then in terms of quantifying the negative effects of fiat, 18 million people in the last four years died that statistically should not have died. You had a projected curve of how many people were gonna die from old age or whatever.

Brandon Gentile (01:22:09.678)

Mm-hmm.

LUKE BROYLES (01:22:10.097)

18 million is the official number that died these last four years, this last having cycle, that should not have died. Roughly 6 million of those 18 million are from the pandemic, are from COVID-19. And so you're left, if you're intellectually honest, you're left with a bit of dilemma. Is it that governments are wildly artificially suppressing the number of true COVID deaths, and it was actually two or three times higher than what's reported, or

is that the inefficiencies that we caused by overreacting to the pandemic and the inefficiencies we caused by destroying the monetary supply and everything else, blah, and other things I won't get into. That's really something to think about, that Bitcoin very easily could save a hundred million people. The COVID pandemic is nothing. It was nothing compared to a major war, forget a world war.

Brandon Gentile (01:23:04.203)

Mm-hmm.

LUKE BROYLES (01:23:07.541)

a micro war between Pakistan and India or between Iran and Israel. 18 million people is nothing on the grand scheme of rankings of potential catastrophes this century. There was 100 ways at which we can have way more people die. If Bitcoin just prevents one catastrophe the next 100 years, then that's 100 million people. If Bitcoin makes 10 catastrophes that are still going to happen.

Brandon Gentile (01:23:21.399)

Yes.

LUKE BROYLES (01:23:37.925)

50% less devastating, then that's 100 million people. I mean, it's like no matter which way you splice it, I mean, you know, it's like the Bitcoiners talking about, oh, Bitcoin's gonna save lives. You know, it's not fear mongering and it's not crossing your fingers and hoping for hyperinflation in a worse world so that people will by force adopt Bitcoin. It's the only rational optimistic stance to say, hey, you know.

having human depravity and human oversights and human subjectivity attached to something that should be separate from human emotion, that should be separate from human subjectivity, and instead should be objective and mathematical based, like, hey, you know, this inefficiency might be causing millions of people to die, you know, I mean, what if we just detached that? I mean, it's like, you know, I mean, that's 18 million these last four years plus...

That'd be what 25 million from the lack of heat, you know, millions from hunger. I mean, you know, probably if we really want to quantify this last epoch, this last Bitcoin epoch, probably 40, 50 million people died that their death was in many ways partially accelerated or contributed by the inefficiency of money. And if you don't believe me, I mean, like only 20% of the world has

property rights, right? I mean, it's like, shouldn't you expect that when 80% of the world doesn't have medicine that the single greatest humanitarian case you could have is bring more medicine to the world, right? It's like, it's the same thing with Bitcoin, right? 80% of the world does not have property rights or monetary rights. They can't save, they can't save for rainy day, they can't save their retirement, they can't feed their children enough, they can't afford healthcare, right? It's like, this is, you know, right? This is the great...

Brandon Gentile (01:25:30.862)

Thank you.

LUKE BROYLES (01:25:32.337)

The great calling is go out, love the people of all nations, and Bitcoin is a means to the end of loving other people. The great commission, that's what it was written for, the great commission from Jesus. Go out, love people in my name, through the whole world, all the nations. To me, that's Bitcoin. I don't care about Bitcoin. I care about the end. Bitcoin is a means to the end of loving other people. I think increasing property rights from 20% having a bad store value, the US dollar, to

50 or 80% having a great store value, I think, I don't know, it's pretty compelling, and in the process of Bitcoin goes to $100 million, that's great.

Brandon Gentile (01:26:15.646)

Yeah, all said. It well said as very few could say it the way you do.

LUKE BROYLES (01:26:22.105)

Hopefully more do I don't want to I don't want to be special. I want everyone to say these things

Brandon Gentile (01:26:24.347)

Well, we're getting there.

Yes, we're getting there. The adoption, right? And in saying that, to help with adoption, the Bitcoin trading cards, we have a special, to end the show here, we have a special game, new game sponsored by Bitcoin trading cards. It's gonna be just a word association, lightning round, I have like a dozen or a little over a dozen, dozen and a half words, just lightning round, whatever you think of, the word that comes to your head, whatever, we'll rock through them here to end it out. All right, Satoshi Nakamoto.

LUKE BROYLES (01:26:29.189)

But yeah.

Oh yes.

LUKE BROYLES (01:26:40.178)

Yes.

LUKE BROYLES (01:26:51.802)

Okay.

LUKE BROYLES (01:26:56.621)

So I just come up with a word that I think of? Yeah, word association. Okay, all right.

Brandon Gentile (01:26:59.798)

Yeah, lightning round could be word or two. Yeah, yep. It could be a word or two and we'll rock them out here so.

LUKE BROYLES (01:27:07.738)

Okay, so okay, so it's touching, probably brilliant, I mean he was, so.

Brandon Gentile (01:27:14.774)

Michael Saylor.

LUKE BROYLES (01:27:18.525)

Visionary, probably. He's got a very good... I think he's got a good vision of the future.

Brandon Gentile (01:27:26.294)

the United States.

LUKE BROYLES (01:27:29.265)

Powerful.

Brandon Gentile (01:27:32.426)

Jesus Christ.

LUKE BROYLES (01:27:33.905)

Lord.

Brandon Gentile (01:27:36.183)

Humility.

LUKE BROYLES (01:27:37.945)

Underrated.

Brandon Gentile (01:27:40.744)

I love that. That was perfect. Faith.

LUKE BROYLES (01:27:45.401)

underrated. I just come up with a different word. Misunderstood. Again, the story most people tell themselves of who Jesus is and what faith is wrong. I haven't even heard the story of what he actually is. I was at a Bitcoin conference talking to a now friend who was an ex-pastor at a very large church and now he's not a believer, but he was a pastor and he never, you know, he asked me what my...

Brandon Gentile (01:27:46.806)

Yeah, I get it.

Brandon Gentile (01:27:51.12)

Mmm, I agree.

LUKE BROYLES (01:28:14.469)

version of the gospel is, which I believe is hopefully, you know, Lord, really Jesus's version. And like, he told me he never felt like he heard that before. I'm like, you know, you know, that, you know, this is a little rant, you know, for both the Christians and non-Christians alike listening to this. But it's like, the people Jesus despised the most were the Pharisees preaching the false gospel, right? That Satan's best tool is...

Brandon Gentile (01:28:18.722)

Mm-hmm.

LUKE BROYLES (01:28:42.701)

a false Jesus Christ. That's the best tool. And likewise with Bitcoin, who do the Bitcoiners get mad about? Do they get mad about the politicians sending out drone strikes and killing people in the Middle East, or do they get mad about the people promoting the altcoins? Bitcoiners emotionally, I think objectively, get way more mad about the Bitcoin copycats than the actual people killing actual people. The biggest threat to Bitcoin are the fake Bitcoins and the...

Brandon Gentile (01:29:06.305)

Absolutely.

LUKE BROYLES (01:29:13.601)

the worst, the most evil people on the planet in Jesus' eyes are the people with false faith. So yeah, I'd say misunderstood. I think most people, including Christians, don't, haven't read the Bible and they don't know what Jesus was all about. Anyway.

Brandon Gentile (01:29:27.183)

That's so good. That's that's a whole that's. No, that's in that we will say that for another time at a later date. We will. We will get into that because believe you mean alright back to the light. The lightning the lightning round quote unquote mentorship.

LUKE BROYLES (01:29:28.165)

That wasn't a one word answer. Yes.

LUKE BROYLES (01:29:36.741)

Yes.

LUKE BROYLES (01:29:40.125)

Yes.

LUKE BROYLES (01:29:44.262)

helpful

Brandon Gentile (01:29:47.104)

Women. Women in Bitcoin.

LUKE BROYLES (01:29:49.493)

Oh boy. Oh wait, women in Bitcoin. Wait, oh man. Pioneers. The vast majority of people in Bitcoin are men between 35 and 75. So I think I'm a pioneer for the young folks. I mean, I don't know if anyone in Bitcoin world has noticed, not a lot of people under 30. And not a lot of women. But, you know, the women are pioneers. You know? So, good for them.

Brandon Gentile (01:29:57.525)

Oh.

Brandon Gentile (01:30:17.262)

I like it. That's spiral.

LUKE BROYLES (01:30:19.609)

Inevitable. Because it is. Jeff? Oh man.

Brandon Gentile (01:30:21.91)

Jeff Booth.

LUKE BROYLES (01:30:30.705)

Just intelligent. He's so smart.

Brandon Gentile (01:30:34.718)

Yeah, cold storage.

LUKE BROYLES (01:30:38.521)

essential.

Brandon Gentile (01:30:41.026)

politics.

LUKE BROYLES (01:30:42.649)

it's a clown show. I mean it's like it is.

Brandon Gentile (01:30:46.594)

Um, yeah, true. A film or the arts.

LUKE BROYLES (01:30:56.041)

Let's say in need of revival. Maybe in need of revival, you know.

Brandon Gentile (01:30:59.935)

Mmm.

Brandon Gentile (01:31:03.62)

Yes. Legacy Media.

LUKE BROYLES (01:31:07.173)

Stuck. I think the legacy media is stuck. You know, they have so much information and, but they kind of don't really have a choice. They're big funding agent is the government. And, you know, if they were trying to do the right thing, they destroy their business model. So I think they're stuck.

Brandon Gentile (01:31:25.954)

Hyper Bitcoinization.

LUKE BROYLES (01:31:29.005)

A dream. Right now it is a dream. Give it five or ten years. I think it'll be much more realistic. But yeah, hyperinflation of the dollar is not happening anytime soon, but it will happen.

Brandon Gentile (01:31:39.339)

Yeah, I agree.

Brandon Gentile (01:31:43.342)

stainless steel or cast iron.

LUKE BROYLES (01:31:47.977)

uh for what like what seed plates or like oh for cooking oh it's irrelevant i don't care i don't know i'm sure that's a rabbit hole i'm sure there's i that's like a that's like a controversy right stainless steel or cast iron i mean i care more about what i'm eating i guess i mean i don't know

Brandon Gentile (01:31:50.491)

for cooking. Yeah.

Brandon Gentile (01:32:01.15)

Yeah, it's just typical Bitcoin controversy, right? So it's.

Nyeh heh.

rabbit holes, right? Bitcoin trading card.

LUKE BROYLES (01:32:11.481)

Yeah.

Bitcoin trading cards, fun! They're fun. They're cool. People should not buy them to think they're going to get rich. They should buy Bitcoin. But some people have been surprised when I told them how much certain cards are worth. So, Tritium is fun. They're like Ordinals. They're like Ordinals, but better, you know. Right.

Brandon Gentile (01:32:17.774)

I like it. And.

Brandon Gentile (01:32:26.193)

Yeah, sats before pounds.

Right, they don't blow up the blockchain at least, right? So that's before Pax everybody. And then lastly, the Bitcoin advisor.

LUKE BROYLES (01:32:37.37)

Right, so that's...

LUKE BROYLES (01:32:43.846)

Um...

LUKE BROYLES (01:32:51.125)

Hmm. Hehe.

Brandon Gentile (01:32:53.942)

or better yet, tell me a little bit about that, if that helps. Tell me a little bit about what you're doing at the Bitcoin Advisor.

LUKE BROYLES (01:32:57.197)

Um, yeah, I don't have a word for it, um, because I'm biased, so I don't want to, you know, um...

Brandon Gentile (01:33:04.312)

Yeah

LUKE BROYLES (01:33:10.353)

I would say that the Bitcoin advisor specifically, but collateral custody multisec in general, critical. That would be the word I say. So I hesitate saying the Bitcoin advisor is critical. So I didn't want to say it because critical is what came to mind. I didn't want to say it for that though. But

Brandon Gentile (01:33:25.326)

Well, the work you do there, the work you do there, yeah, is critical. How about that? Yeah.

LUKE BROYLES (01:33:29.637)

But the work itself is critical. I don't care if people hire me and the Bitcoin advisor or not. They just have to do it. Most people are not ready, right? I mean, there's 1.7 million Bitcoin on exchanges. If every millionaire got 1 million Sats, then that means that for everyone else in the world, there's 19,000 Sats left per person, right? So that means if someone owns half a Bitcoin, they own literally thousands.

of times more Bitcoin than what the average person would get if the average millionaire only gets 1 million Sats of the Bitcoin exchanges. It's like, you know, most people in Bitcoin, I think, are making the critical blow that Alex Jones made and they were not bullish enough and they have a thousand generations of Sats stored in a single SIG in their house somewhere or in their safety deposit box or they've memorized it or it's in an ETF, right? And like that's...

Brandon Gentile (01:34:07.191)

while.

LUKE BROYLES (01:34:28.057)

That's why I pound the table on it, because there are like the next 10 million people that adopt Bitcoin are going to want Cloud or Custody Multisig. And probably at least 80% of the people in Bitcoin right now are also going to want Cloud or Custody Multisig. And so, you know, even for a portion, I had this question with someone yesterday who's very skeptical about what we do. He's like, I don't want to blah, blah. I want the non-KoAcy. I'm like, OK, fine. Like, have, you know, 80% your single sig, whatever.

Like how many people are going to want, you know, okay, let's say a thousand generations of Bitcoin. Let's say it's a hundred million dollars in terms of purchasing power. Do you want a hundred million dollars in one custody setup or do you want at least two? And that other one, yeah, you're giving up privacy, but you get tax benefits, you get jurisdictional arbitrage, you get a helping hand, you have peace of mind, you have families members going to get like, I don't think...

I don't think people understand what Peter is pioneering at Bitcoin Advisor. I don't think people understood what he's been doing since 2016. And I think it's going to be critical. Max Payne, I believe, is up. And if I am a government and I want to take the citizens' Bitcoin, and for the first time in history, I can't confiscate that Bitcoin with the barrel of a gun, what am I going to do? Am I going to manipulate price down and scare people into selling the Bitcoin? Maybe. Maybe if I'm stupid. The smarter thing...

Brandon Gentile (01:35:48.49)

No.

LUKE BROYLES (01:35:50.841)

is print, print as much currency as I can, buy as much Bitcoin as I can, force the price of Bitcoin up faster than people's comfort models, right? If someone's got a million dollars of Bitcoin and I'm in government, if I want to confiscate their Bitcoin and they've got it in self custody, what am I gonna do? Am I gonna force price down, maybe get a 50% crash out of Bitcoin, put myself in jeopardy for not buying it, and maybe they'll sell me some of their coins, or do I just print 10 times the currency over the next six months and they've gone from owning half a million dollars of Bitcoin

to five million or $50 million of Bitcoin. Now they're panicked because they got all this Bitcoin in their house. They're scared about a criminal coming in and getting it. So they're just gonna sell it. They're gonna sell half on the market, right? Which way is gonna get the self custody person to sell me half their stack faster? It's gonna be me print the money, which I actually have control over, force Bitcoin price up. And the primary fear vector point is scare them into having so much money, they can get rid of it and they'll still live a happy life. They can live on half their stack.

It's just, it's too much stress to them, right? That is more advantageous for me and the person can be more willing to sell it than even to building the price. So yeah, I do believe that Collider custody multi-sig. And yes, the Bitcoin advisor has been providing this since 2016, not a single clients ever last single sat. You know, I'm proud of that. I'm the first American Bitcoin advisor team member. I'm proud of that. I'm the youngest member of the team. I'm proud of that, right? You know, people can do it.

Brandon Gentile (01:37:13.422)

That's cool.

Very cool.

LUKE BROYLES (01:37:16.941)

If they're super funds, Roth IRAs, or 401Ks, you know, I mean, it's, you know, but I mean, my last little point about this rant, say April 18th, you know, the week before tax day, we had so much business because people were just flocking to us demanding Bitcoin in their IRAs because it didn't occur to them until a week before tax day. It's going to be the same thing. It's like, except, you know, because they could contribute to the Roth IRA, you know, until the

Brandon Gentile (01:37:44.695)

Yes.

LUKE BROYLES (01:37:45.021)

Cloud or custody multi-sig, it's critical. People in Bitcoin right now don't think they need it, but I'm trying to tell people, you think from first principles, you're gonna want 10%, 30%, 90%. You're gonna want some percentage of your stack, whatever it is, in this, because when this hits the fan and governments print their political currency into nothing, right? What's the price of lies? What's the price of truth in terms of lies? It's infinite, right? Like, like.

Brandon Gentile (01:38:13.998)

Mm-hmm.

LUKE BROYLES (01:38:14.673)

The Manhattan will run out, the gold nuggets on the ground will end, we will actually start pricing Bitcoin at the margins, price will rip up, and people will shift from, oh my goodness is Bitcoin going to crash 30% to holy cow it's up another 30% today. Like I should have done this ago. So anyway, as a wrapping point, people got two options. They can hire somebody like the Bitcoin advisor to help them do it, or they can spend a thousand hours.

and do it on the run, right? Get their UTXOs, taxes, retirement accounts, et cetera, et cetera, manage. Actually, you can't even do retirement accounts at single stake, but the point is, hire somebody to do it or do it yourself. When price shoots up, the cost to hire somebody is gonna go up by a factor of 50 and you're gonna have no time. So, do it now, people. Try and warn ya. But most people, yeah, most people are gonna end up like Alex Jones and they're gonna have...

Brandon Gentile (01:39:05.89)

early and often.

LUKE BROYLES (01:39:11.165)

Oh, I had one Bitcoin, but I lost 80% of it on my laptop. And now it's worth a billion dollars. Yeah, so anyway, yeah.

Brandon Gentile (01:39:14.942)

you. Classic. Unbelievable stuff. Unbelievable stuff, man. I appreciate you so much. Where can people find you at?

LUKE BROYLES (01:39:23.145)

They can find me on YouTube, Luke Broyles, B-R-O-Y-L-E-S, you can find me on YouTube or on Twitter. If they want to learn more about my work at the Bitcoin Advisor, they can get a five-hour course, free course on self-custody basics, a 38-page checklist for self-custody essentials. I've got a five-step Bitcoin accelerator. If you're brand new to Bitcoin, a five-step accelerator to take action today, all that stuff is free. Go to my YouTube channel, go to my Twitter, you'll see the links for that.

everywhere. I talk about it all the time, and yet somehow people still don't see it. So yeah, check me out there and, you know, it's a pleasure. Thank you, Brandon.

Brandon Gentile (01:40:04.494)

Appreciate it, Luke. Thank you so much for being a playable character.

LUKE BROYLES (01:40:08.601)

Happy to.

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