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Episode 1185 of Bitcoin And . . . is LIVE!

Topics for today:

• Square Vendors Will Accept Bitcoin: November
• Bringin Allows Europe To "Live The Standard"
• BoE Might Bend the Knee on Stables
• SEC Acts Like a Kindergarten Teacher

Circle P:

Oshi
 Artisan pecan butter, date bars and chocolates
 Website: https://www.oshigood.us/products
nostr Profile: https://primal.net/p/nprofile1qqswp94gnm4epqsgjkndl4lnd8krzdj5u4mzuppdtxksdymkty63g7gdurlfc

Today's Articles:

https://bitcoinmagazine.com/business/bitcoin-at-your-corner-store-squares-new-tool-to-make-bitcoin-like-everyday-money


https://cointelegraph.com/news/kazakhstan-closes-130-crypto-exchanges-seizes-16-7-million


https://atlas21.com/illegal-mining-in-russia-2700-machines-seized-in-st-petersburg/


https://cointelegraph.com/news/boe-softens-stablecoin-cap-after-industry-pushback-report


https://www.coindesk.com/markets/2025/10/08/bitcoin-under-pressure-as-japanese-bond-yield-hits-17-year-high-yen-depreciates

https://decrypt.co/343353/sec-formalize-crypto-innovation-exemptions


https://www.theblock.co/post/373799/the-4-year-cycle-is-dead-long-live-the-king-k33-claims-bitcoins-new-era-breaks-every-old-rule


https://bitcoinnews.com/markets/strategy-q3-2025-3-9-billion-gain/


https://bitcoinmagazine.com/news/europeans-can-now-live-on-the-bitcoin-standard-with-bringin


https://bitcoinmagazine.com/business/ddc-enterprise-raises-124-million-to-accelerate-bitcoin-treasury


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[00:00:02] David Bennett:

It is 10:39AM   Pacific standard time. It is the October   2025,   and this is episode eleven eighty five   of Bitcoin   and   dude,   square Bitcoin.   Square   Bitcoin   is coming out. It's coming from the guys over at Square. That would be Jack Dorsey's outfit.   It looks like it's going to happen a little quicker than even I thought it was gonna happen, but   I'm just thinking about what it means to have the ability for anybody with the Square app.   Any vendor that's using Square   will have, I guess, a button that they can   press or or it may not even matter.   It may not even matter. But Bitcoin Magazine's got a write up about the Square Bitcoin thing coming from Square.  

We'll get into that. We're also gonna talk about Kazakhstan.   This is yet another in a long line of idiotic   countries that have decided to pull out   a six shooter, put a single round in the chamber,   spin the cylinder, and point it at their head to see if they survive.   We'll talk about it. And then Russia   is kinda doing the same thing,   Although,   it's rather   it's rather embarrassing   that it took him this long to find out   that, well,   well, we'll we'll get to it. I I promise. The Bank of England seems to be   doing an about face on stable coin caps. That's gonna be in the news. And then what else we got on deck? Oh, do do do. Oh, yeah. Oh, oh, oh, the the Japanese bond yields. Yes. We will talk about Japanese bond yields   and the dollar a little bit and Bitcoin. It's kind of all in one story there before we get into the market cap. Then the SEC,   well, I guess they're gonna formalize   some innovation   exemptions.  

I don't trust them and need honestly, neither should you.   The four year cycle of Bitcoin,   is it over?   Is it really?   But then again, has there ever really been a four year cycle on Bitcoin?   Maybe the block will clear it up for us. And then strategy,   they've got some numbers coming out. And honestly, it doesn't matter what you think of Michael Saylor. It doesn't matter what you think of Bitcoin treasury companies.   It doesn't matter what you think of strategy itself,   or any of the other products that they've sold,   they made a shit ton of money   and they don't really even have a product   anymore.  

So kind of impressive,   it's probably going to be infuriating for a bunch of people but you know it is what it is.   Europeans can now live on a Bitcoin standard   and the DDC   raises $125,000,000   to buy some Bitcoin   that will finish us out for the day.   Back to the front.   Bitcoin at your corner store?   Square's new tool to make Bitcoin like everyday money.   Micah Zimmerman from Bitcoin Magazine's got it. Square   is rolling out a tool that could make Bitcoin usable in everyday business. From coffee shops to corner stores, Square is bringing Bitcoin   to your local small businesses. Oh, yay.  

The company announced a new product suite called Square Bitcoin Today   designed to let small businesses   accept Bitcoin payments,   hold it in a built in wallet, or or automatically convert part   of their sales into Bitcoin all within the same dashboard that they already use   for point of sale and banking.   If unfamiliar   with Square,   it's an all in one platform that helps small businesses accept payments, manage operations, and grow. The company offers a mix of hardware and software for point of sale systems,   online sales, and business needs like, you know, processing and payroll.   The Square Bitcoin rollout includes three key features.  

Sellers can accept Bitcoin payments with no processing fees for the first year.   They can automatically convert a portion of their card, I guess credit card or debit card sales into Bitcoin,   and they can have access to a fully integrated Bitcoin wallet where they can buy, sell, and hold the Bitcoin.   Square says,   the goal is to simplify Bitcoin for everyday businesses   and to make digital currency as seamless as credit card payments.   Bitcoin payments will become available to United States sellers   starting   11/10/2025.  

This November, not next November.   Dude, this coming November, this shit is out.   The move could mark a turning point for Bitcoin's use in real world transactions. Until now,   using Bitcoin for payments has largely remained niche,   slowed by price volatility, complexity, and the lack of merchant friendly tools. By integrating Bitcoin directly into Square's existing system,   the company is lowering the barrier   to entry for small businesses. And instead of needing to juggle wallets and third party apps,   merchants can now accept Bitcoin and manage it   just like any other currency,   deciding whether to keep it on their balance sheet or immediately convert it to dollars. Quote, we're making Bitcoin payments   as seamless as card payments, said Miles Souter, head of Bitcoin product at Block. Quote,   through Square and Cash App,   we serve both sides of the counter, which positions us to make Bitcoin everyday money, not just a store of value, end quote.  

For merchants,   Square Bitcoin could mean lower cost and faster settlements   compared to traditional card networks,   which take fees and sometimes days to process payments.   For Bitcoin, it represents another step toward mainstream integration,   turning it from a speculative asset into a practical   payment   tool.   If adoption takes holds   excuse me. If adoption takes hold, Square's ecosystem could help expand Bitcoin's role from an investment vehicle to a working currency within local economies.   It also reinforces   parent companies'   block's   broader bet that Bitcoin will become foundational   to financial infrastructure, not just an alternative   to it. Alright. So that's the that's the article.  

The   the the most important part   is that if you are a merchant   and you use Square   to take card payments and do all the rest of your like, just think of the guy at the farmers market. Farmers if you wanna see Square in use, go to a farmers market.   I mean, like, everybody uses Square. It's that little tab that saw, like, they they put on the, like, the top of their phone and that they it's either got a chip reader on it and a card stripe on it or something like that. And if it's got, like, if it's got, like, a a square inside of another square, that's the Square app.   And almost every vendor that I've seen in any farmer's market that I've been to has been using Square for, like, five years   minimum.  

Almost all of them. There are very few exceptions. Right?   So they already use Square. Now here comes   Square Bitcoin.   Are they gonna have to upgrade   to Square Bitcoin?   No.   They're not. It's going to just be a feature added.   Right? They don't have to get a different app. They don't have to do anything.   It's just going to be there.   Think of if you have Cash App   and you've had Cash App for a long time.   I've got friends that have Cash App that have actually asked me how they could buy Bitcoin and I'm like,   what are you talking about? You have cash app? And they're like, what? And I go, dude, bitcoins on cash app. It's been there for like two years.   And then they open up their app and they're like, I don't see it. And I'm like, look at the bottom. Do you see the bit   the the b sign that kind of looks like a dollar sign? They're like, yeah. And I go   press it. And then they're like, holy crap. How long has this been on there? I'm like, I don't know. Like, two years,   if not longer than that. It's gonna be like that. That's the most important part about this.  

Now, whether this shit works or not is a completely different story. It's going to be, it'll be up to us going like at if you go to Farmers Markets,   then this is this is your end.   If you ever wanted to talk to a farmer's market merchant   about whether or not they accept Bitcoin,   this is your chance.   Now there's probably some particulars in here that that weren't covered in the story. Like, for instance,   would   if I have Square   as a merchant and somebody comes and they pay me in Cash App and they pay me in Bitcoin, would I even know? Do I have to press any buttons on my Cash App thing to and I I would imagine that if Jack Dorsey is as smart as I think he is,   that answer would be no. The merchant wouldn't have to do anything. In fact, the merchant might not even know other than the fact that   maybe they get a a one time notice saying, hey,   this customer has paid you in Bitcoin. Press this button to convert it all into dollars or press this other button to keep it as Bitcoin. Something like that. But regardless,   if you've ever wanted   to just   get out of your shell a little bit and talk to a farmer's market merchant and and tell them about Bitcoin and tell them that you want to pay them in Bitcoin,   this is your chance to actually be able to do it.  

If we don't take that chance   and Square doesn't get any adoption on this at all,   we're risking it.   We are risking it. But not like the guys over in Kazakhstan.   No. No. No. No.   In Kazakhstan,   they shut down a 130   different crypto platforms and seized a hunt no. Not a 100. $17,000,000   in illicit activities.   Helen Parks, Cointelegraph   tell us all about it. Kazakhstan, an emergency cryptocurrency hub in Central Asia, has been cracking down, baby,   on illicit activity in the cryptocurrency   sector, shutting down dozens   and dozens of crypto platforms just this year.  

Kazakhstan's   financial monitoring agency,   AKA Goon Squad, has taken down a 130 crypto platforms involved in money laundering schemes just this year alone, a spokesperson   for the agency told Cointelegraph.   The authorized   have seized $16,700,000   in various cryptocurrencies   linked to these illegal operations,   the AFM representative   said.   And last week, AFM also reported seizing another $642,000   from illegal mining operations going on in Kazakhstan,   underscoring the country's strict stance on illicit crypto activities   while continuing to promote crypto adoption. I don't know. Why don't you just let your citizens live their freaking lives?  

Is it that hard?   Is it that outside of your realm of of of your supposed   mantle of responsibility   that you can just let people, I don't know, go about their business?   Holy crap. All these people suck. I'm telling you, man. But as part of the efforts to curb illicit financial activity,   Kazakhstan is reportedly introducing new requirements for money transfers.   According to deputy chairman, Kerat Bizlodnan,   all bank card top ups with an amount exceeding   $925   US   will require   mandatory   verification of the sender's individual identification   number because you're not a person. No. No. No. No. You're an entry   on your country's   balance sheet.  

That's how you know. Were you given a number at birth, then you were not a citizen. You are cattle. I'm I'm just saying. But, quote, previously, only the recipient's   identification number was required.   Additionally,   the possibility to confirm the transaction via a mobile app   or SMS   is being considered because   it's   to have you as a ledger entry is just not enough.   We've got to make you understand   that you're a ledger entry.   So you don't go get all uppity and try to do shit like live a life, get married, have kids, and have fun, and smile in the sunlight. No. No. No. We can't have that.   No. We can't. Anyway,   addressing the shutdown of a 130 crypto platforms this year, the AFM spokesperson emphasized that they were well, the platforms differ from conventional   centralized crypto exchanges.  

These platforms function more like traditional currency exchange offices and are commonly referred to as   crypto exchangers.   The number of crypto exchangers   shut down in Kazakhstan saw a notable increase in 2025   with the AFM reporting only 36   such platforms taken down last year.   According to the public register of digital asset service providers   maintained by the Astana Financial Services Authority,   20 crypto platforms have been approved   to operate in Kazakhstan   as of the time of publication.   Among the approved providers, the register includes   major industry CEXs,   including   Bybit   and Whitebit,   which I've never heard of.  

Kazakhstan's efforts to combat illicit financial activity and cryptocurrency   emerged amid the country's attempts to establish itself   as a major hub for cryptocurrency in Central Asia, and you're doing a bang up job at it. Wow. The country has pioneered the payment of regulatory fees and stablecoins such as Tether   and launched one of Central Asia's first spot Bitcoin funds,   as well as moving to establish a state backed crypto reserve. But it remains unclear   whether the seized $16,700,000   will be allocated   to Kazakhstan's potential crypto reserve as the government's legal framework   where the reserve is still   being finalized.  

Stealing,   theft, Euroledger entry. I mean, this is Kazakhstan.   This is a small stan   in Central Asia.   And they I mean, it it's it's like they've got the freaking Nazi playbook written down, working with IBM to make you know, tattoo all the Jews before they get gassed to death.   This is this is not the way human beings were built to live.   Right?   This this is the way evil structures   through, I don't know, conjured up through demonic forces or whatever.   That's what this feels like,   and it's everywhere.   It's everywhere.   Russia   just   gets a black eye here.  

This one.   Illegal mining in Russia.   2,700   machines have been seized in the city of Saint Petersburg   according to atlas21.com.   According to RBC,   Russian police have carried out one of the country's largest seizures of Bitcoin mining equipment   in recent history,   confiscating over 2,700 machines   from a clandestine   facility located in Saint Petersburg.   Ministry of Internal Affairs of the Russian Federation spokesperson   Irina   Volk,   stated that three Saint Petersburg   residents had signed a contract   seven years ago to connect a commercial property to the power grid.   What appeared to be a legitimate business activity was in fact hiding one of the region's largest illegal mining operations.  

The facility   operated   undisturbed   from March 2018   until August   2025   when the energy authorities began to suspect.   They suspected   irregularities   in its power consumption.   It only took you seven years.   Preliminary investigations revealed   significant   discrepancies between meter readings and actual consumption recorded on the grid.   The operation   was documented through videos   shared on the Ministry of Internal Affairs official Telegram channel, which I did not know that they had. The footage shows officers forcing open sealed containers inside which thousands of active mining devices were found.   The containers not only housed the machines, but also   fully functional cooling and ventilation systems.  

Investigators   uncovered   multiple containers on-site   as well as in adjacent buildings containing   additional racks   of hundreds   of devices.   Authorities believe the suspects used advanced technical knowledge of electrical systems to tamper with meter metering equipment.   This manipulation   allowed   the meters to record minimal usage enabling the operators to pay only a tiny fraction   of the actual energy usage.   During the seizure,   law enforcement confiscated the entire set of mining equipment along with two industrial transformers   and all cooling systems.  

The three suspects were taken into custody on charges of property damage through deception   or abuse of trust.   The Ministry of Internal Affairs   confirmed that investigations are ongoing to identify potential accomplices.   Although details on the total number of stolen energy   have not been disclosed,   this case represents just one example of a growing phenomenon.   In mid September,   Russian police dismantled a network of illegal mining centers in Moscow controlled territories   in the Don'test People's Republic.   Operators had connected 25 devices directly to the power grid, bypassing meters altogether   and causing estimated damages of 14,000,000   rubles or about a $170,000   in US dollars.  

Illegal   mining in is particularly   widespread in the North Caucasus   and Southern Siberia regions where electricity has historically been more accessible   and less expensive.   So   a seven year embarrassment right smack dab in the middle of Saint Petersburg, and these guys can't figure out where their electricity is going.   Holy crap, dude.   Just   makes me kinda hungry.   So I'll go on over to oshagood.us.   That's oshagood.us.   The circle p is open for business. It's where I bring plebs just like you with goods and services to plebs just like you who want goods and services.   And right now, you can get some nice,   brilliant   hotel butter. What's in it? Oh, dude. You gotta taste this stuff, man.  

Pecans,   maple sugar,   sea salt flakes, cinnamon, and black pepper. Dude, and that cinnamon and black pepper is just   the barest amount, and it's just right enough   to lift the whole   symphony of flavors   that comes from huddle butter from oshigood.us   into the stratosphere.   It's beauty   in glass. You gotta go get it. But make sure that when you go to oshigood.us   that you use the code Bitcoin. And I believe I got a deal with Oshi that he'll give you 5% off, but don't don't quote me on it.   I should know. Yes. I should know, but I don't know right now. I need to get a hold of Oshi and figure out if we've ever actually done that. Ask Oshi. I'm sure he'd be glad to hear from you, and he'd be sure glad to sell you some of his delicious huddle butter at oshigood.us.   He   takes   Bitcoin.  

You can buy all of his goods for Bitcoin   because if he wasn't selling into Bitcoin, he wouldn't be in the circle p. That's a stipulation, and it's never gonna go away. If you wanna be in the circle p, you have to accept Bitcoin for your goods and services. Let's move on   to the Bank of England,   who has signaled flexibility   on stablecoin caps   amid industry pushback.   Oh my god. We're pushing back, and the Bank of England is listening to us.   Yeah. Probably not. Cointelegraph,   Sam Borgie writing,   the Bank of England appears to be softening its stance on proposed limits   to corporate stablecoin holdings   with plans to introduce exemptions   for companies that may need   may need to maintain larger reserves   of fiat pegged assets according to a Bloomberg   report. Citing people familiar with the discussions, Bloomberg reported that the Bank of England's reconsideration   comes   amid intense industry backlash and growing international competition,   particularly from, you guessed it, The United States, which is moving towards clearer regulation through the Genius Act   signed into law in July.  

The BOE had initially proposed caps on stablecoin holdings,   You know, $27,000   US for individuals   and £10,000,000   sterling for companies citing concerns over   systemic   risks posed by widely used tokens   such as USDT.   The restrictions were intended to help the central bank maintain   control   over the money supply,   protect consumers,   bullshit,   and prevent excessive reliance on privately issued digital currency.   That's the ticket right there. That's why they're pissed.   The the there's three things here. Control over the money supply   and reliance on privately issued digital currencies.  

This notion of protecting consumers   is bullshit.   They don't   care. I guarantee it. But moving on, while those limits may be workable for traditional businesses,   crypto native companies may argue that such caps would constrain their operations.   Given their need to hold substantial stablecoin reserves for trading and liquidity management, Bloomberg reported that the BOE   may therefore   consider granting   exemptions   to these firms. I wonder how much those will cost because you gotta pay to play, baby.   As Cointelegraph   reported,   Simon Jennings of The UK Crypto Asset Business Council argued   that the proposed stable coin limits   simply don't work in practice.  

They just they just don't work. BOE governor Andrew Bailey had previously warned that private   privately issued stable coins   could threaten financial stability and undermine government's ability to conduct monetary policy, pausing to say,   what makes you think that you have the right to do that?   Sure.   Is it written in your constitution?   Maybe.   But this has only been this this government control of money is actually   is is   our   okay. As citizenry of of the world, whatever government you're talking about, most citizens will answer the question,   is it who needs to be in control of the money? They're gonna say the government. Why? Because of recency bias. What is that? It means as of recent times,   most citizens,   actually, all citizens alive today in the world, have been under a structure where there is no such thing as, quote, private money. It does not exist. However,   if our lifespans were five hundred years,   a thousand years, then you would know that it's only been for the last few hundred years   that most, if not all, governments of all nations of the world   have control of the money and monetary policy.  

It didn't used to be that way.   Money used to be private.   It used to be actually there was a market for money.   Right? And I'm not talking just about foreign exchange. I'm talking about   inside each country. There there could have been two or three different people competing   for the utility   of their money in or or rather having money that had such utility   that people would rather use, you know, monetary   currency   a over monetary currency b, but both were private. There was actual real competition   between   money   back in the day.  

We have never seen that in our lifetimes, and our grandparents probably didn't either. I'm just saying   that's what recency bias is.   That's why I asked the question,   what makes these jokers think that they have to do this?   Apathy.   We lit them.   We lit them tell us what to do.   I'm just saying, man,   if you if you would you can will something into an into existence. And if your apathy   wills into existence   somebody providing you monetary policy and money, then, by God, that's gonna happen. And that's exactly what we've allowed to have happen. The BOE's evolving stance highlights The UK's ongoing effort   to balance financial stability   with competitiveness   in the fast growing stablecoin sector and in this area.  

Some critics say   the country has been slow to act compared with peers like The US and the European Union. The global stablecoin market has surged to a valuation of roughly $314,000,000,000   and the vast majority of tokens are pegged to the United States dollar.   By contrast,   pound peg stablecoins remain a tiny   itty bitty, oh, way a fraction of the market, less than $1,000,000   US in total circulation, in fact, according to Defi Llama.   Despite The UK's cautious approach and concerns over market risk.   Tether cofounder Reeve Collins said it's only a matter of time before all fiat currencies exist in stablecoin   format, possibly   as soon as 2030, quote, all currency will be stablecoin.  

So even fiat currency   will be a stablecoin.   It's just called dollars, euros, or yen, Collins said at the token   twenty forty nine conference in Singapore. And I reported on that to you, I believe, last week or the week before. But in Collins' view, stablecoins   are poised for widespread adoption thanks to their ease of use and their role in supporting the growth of tokenized assets, a sector increasingly attracting traditional financial capital.   All that to say,   The UK   and the Bank of England   is figuring out   rather quickly   that their days are freaking numbered,   but we have another fish to fry.  

Bitcoin is under pressure   as the Japanese bond yield hits a seventeen   year   high.   Meanwhile, the yen depreciates   James Van Stratten riding with Omkar Godbold for CoinDesk. A lot can change in just a few days.   Bitcoin recently reached a new all time high   of over in both US dollar and Japanese yen terms boosted by new Japanese prime minister,   Takechi   Sinei's   bias for ultra easy   Abenomics   policy setting.   However,   the very same Abenomics   I guess they're talking about   the old prime minister   Abe.   So it's Abenomics. Okay. Abenomics.   However, the very same Abenomics bias   now seems to be working against BTC through its impact on the bond market.  

One of the key features of Abenomics is the implementation of an expansionary fiscal policy characterized by increased government spending to support economic growth. In other words,   bond supply   could increase,   worsening   the already dower fiscal outlook.   The Japanese government bond seemed to be pricing that,   pushing yields higher.   In parentheses here, it says bond prices and yields always move in the opposite direction. Yeah. That's kinda true. According to Trading Economics, the ten year   JGB   yield hit a high of 1.7   early Wednesday,   the highest since July   2008,   the highest   since July   2008.  

It has risen   by 13.31   basis points in one week to over 76 basis points in twelve months.   The thirty year yield rose to 3.34%   and then quickly fell back to 3.16%.   Rising bond yields typically zap investor risk appetite as they increase the cost of borrowing,   denting the appeal of riskier assets such as stocks and cryptocurrencies.   Some analysts view Bitcoin as both a risk asset and a digital form of gold, although, historically,   data shows that the cryptocurrency tends to track tech stocks   more closely.   The upswing in JGB yield is even more concerning considering its impact on the global bonds.   According to Goldman Sachs, volatility in Japanese bonds could spill over into US Treasury notes   adding to already present market jitters.  

The whole world jittery for every 10 basis point   idiosyncratic   JGB   shock,   investors can expect around two to three basis points of upward pressure on US,   German, and UK yields according to strategists   at Goldman Sachs.   The dollar index, here we come. Well, here's the dollar strength.   The dollar index has climbed to a two month high, and the move is likely being led by the depreciation of the Japanese yen, which has dropped 3.5%   against the dollar since Friday.   The Japanese or JPY's   decline   is also linked to Abenomics, which calls for low interest rates at home. The probability of a Bank of Japan rate hike this month has dropped since Sine   talked about Abenomics on Saturday.  

The dollar index comprises six major fiat currencies,   the euro,   the Japanese yen, the great British pound, the Canadian dollar,   and the Chinese   the Chinese currency and sec, s e k.   I don't know what that means. I Singapore and   oh, South Korea. I'll bet it's the South Korean dollar. Anyway, the euro has the highest weight followed by the yen.   While BTC's rally is stalled, gold remains entirely unaffected,   pushing through $4,000   an ounce as investors continue to seek   safe haven exposure.   Gold is also a risk asset, so I I don't know exactly why they're ending off this way, but be that as it   may. The Japanese   yen rising to its or the Japanese bond rising to its highest interest rate since 2008   is   rather concerning.  

Right? Not not not if you hold Bitcoin, but   if you're if you were just like smack if you have treasury   exposure,   dude,   probably not a good deal. Let's let's run the numbers.   CNBC Futures and Commodities and breaking   breaking news from CNBC y'all. Around   one half   of Fed officials   see another two interest rate cuts by the end of this year, 2025.   That is in direct opposition   to what's going on with the Japanese bond yields.   Alright?   So how will those cuts, if we see them,   if we see even one of these cuts, how is that gonna play against what's going on with the Japanese bond yield going up?   It   the market is actually   making more of a decision   than the Federal Reserve is making.  

The Federal Reserve has only has one lever to pull. They used to have a lot of tools.   They've really only got one, and it doesn't seem to be working.   The lever will pull. They can change the interest rates with by pulling the lever,   but the transmission of the car doesn't seem to actually   do the thing that the Fed wants it to do. It doesn't get into the gear   that the Fed wants.   And now that we've got the Japanese yields   screaming,   if   the Fed lowers the rate of the US Treasury bonds, well,   is the market basically going to make a different decision?   And,   my guess is, yes, it will make a different decision. But energy is mostly in the green today.  

Britain, North Sea up 1.42%   to $66.38.   Oil is up one point or West Texas Intermediate up 1.6 to sixty two seventy two.   Natural gas   is the natural hedge   for everybody in the petroleum industry because as, generally speaking, 85%   of the time,   when crude prices go up, natural gas goes down. This is no different. 4.8%   to the downside,   leaving it at a paltry   $3.33.   Oh, it's a magic number. $3.33   per thousand cubic feet. Gasoline is up 1%,   and everybody's favorite light sweet crude, Mirbon crude, 1.68%   to the upside to $67.80.   Gold and all of its brethren are marching to victory.  

Palladium up 8.3%.   If you did you hear what I said?   Palladium.   Alright? It's like one of the freaking lanthanide series. It's they used there was a dance club in Lubbock called Palladium. It was just it was freaking ridiculous, but,   hey, it it was what it was. Palladium is up eight and a third points today.   Gold is up one and a half.   Breaking through 4,000   to land at 4,666,   the number of the beast. Platinum is up 2.8%.   Silver is up 2.8%   to $48.92   a troy ounce.   Ag   is mostly in the green today. Biggest winner looks to be coffee, two and a quarter to the upside. Biggest loser is chocolate,   3.6   to the downside. Meanwhile, live cattle is up a half. Lean hogs   crawling sideways slightly in the red. Feeder cattle   are up 1.33%.  

Holy shit.   Cattle prices are just freaking on fire.   S and P is up a half point. Nasdaq is up almost a full point. Dow is   up point 16%,   and the S and P Mini is up almost a full point as well.   Bitcoin kinda lacks a days ago, a hundred and twenty three thousand seven hundred and eighty. So there's some some recovery,   but everybody keeps hoping for the $10,000   candle.   I don't know. Maybe. That'd be cool.   We can get,   30.5   ounces of shiny metal rocks with our one Bitcoin of which there are 19,931,716.79   of.   Average fees per block are   low, 0.02   BTC taking in fees on a per block basis.  

There seem to be about 32 blocks carrying 38,000   unconfirmed transactions waiting to clear   at high and low priority rates of 1 satoshi per vByte.   We are still in Zeta Hash territory, ladies and gentlemen. 1.03   Zeta Hash's per second   is   the security   on the Bitcoin blockchain   as we speak.   Kind of impressive, honestly. Would have been below Zettahash in quite quite some time.   From Token Singularity,   yesterday's episode of Bitcoin and   I got rev   rev dot huddl says, thank you, sir. Chicago BitDevs is Thursday.   NostraNote   attached with details.  

And I can't read those details here   because I'm actually viewing this   from inside fountain.fm,   and it's just it's not resolving the note that he dropped.   I I hope the guys at fountain can fix that because that would be that would have been   ballers.   KT   with 2,300   sats. Thank you, sir. He says   or she says. I don't know.   End of the episode, and I'm still laughing about the first article.   What kind of idiot does it take to only invest a maximum   of 4%   to BTC and then listen to the suits that tell them   to pull out the gains to keep from owning too much   of the best performing   asset in their portfolio?  

Yeah. The more I think about that, the more I'm like,   I I rebalancing   made sense   and still makes sense for, I don't know, like, a a bunch of people. But the minute that you add Bitcoin to it,   the fact that you would purposely sell   some of your Bitcoin because the price is just too damn high so that you can buy more Tesla,   it just seems ludicrous to me. But, hey, you guys do you. Turkey with 500 says nothing.   Yodel with,   $5.13   says yo. And then let's see who else is here. Psyduck. Oh, welcome back, Psyduck, with a 100 sat says,   p s, I'm back. Psyduck with $7.49   comes back and   says   Psyduck.  

Kinda missed saying that, honestly.   Is there anybody else? Pies with one twenty one. Thank you, sir. No. Thank you.   Turkey with another 500   says nothing. And Perma Nerd, 210   SAT says wake up, people. The government is not better than you. That was actually from authoritarian   totality,   which was a different show, but I'm always happy to see my friend Perma Nerd in the mix.   That's the weather report.   Welcome to part two of the news that you can use,   announcement.   My favorite band, Rush, is going back out on tour   even though   their drummer died five years ago.  

Neil Peart   passed away five years ago,   and I really didn't think I'd ever see Rush   even contemplate   touring   or writing new music or or getting a new drummer.   It just seemed ludicrous.   Now they stopped playing ten years ago at the end of the r forty tour, but they found a drummer and it's yes. It's a woman.   Dude, I started listening to her because I'm like going, man,   Neil Parritt was friends with Danny Carey, the drummer from Toole. And if you listen to Toole, you know how good of a drummer Danny Carey is. And even he couldn't cut the parts that Neil Parritt had laid down. I heard them like, I heard Geddy and Alex and and Danny, you know, try to play a couple of old Rush songs, and he'd he's good,   but he just   he just couldn't cut it. So I start going, I don't know, man. This is gonna be kinda dicey. So I start listening to this chick. It's like Anika   Nils   Nilsen   or something like that. Her her first name is definitely Anika.  

My god.   This chick,   this is going to be interesting. They're doing a limited tour starting 2026.   If you're like me, if you're a Rush nerd and you did not know Rush was, planning another tour,   well, they are. Now, on to the rest of the news that you can use SEC   to formalize   crypto   innovation   exemptions, and here's why that matters. Vince D'Aquino   writing for Decrypt.   The US Securities and Exchange Commission is   preparing   to codify,   well, let's call it an innovation exemption   that could give crypto and fintech startups room to operate under formal   regulatory   supervision   according to remarks   from chairman   Paul Atkins   made on Tuesday. I'm sorry. I'm tripping over the   under supervision.  

Give fintech startups room to operate under formal regulatory supervision.   I was supervised when I was in kindergarten   and, you know, like, you know,   grade school, you know,   whatever. Chair Atkins recounted how the crypto industry has faced four years of at least of repression   that had resulted in pushing things abroad rather than innovation being done at home.   Atkins was referring to what Republicans and crypto advocates had previously labeled as regulation   by enforcement   under the previous Biden administration,   specifically during the tenure of former SEC chair Gary Gensler.  

The remarks   were first reported by CoinDesk.   A copy of the proceedings from the futures and   derivatives law report   event hosted by Kat and Minchin   Rosenman   LLP was requested and acknowledged   but had not been received at the time of writing.   Expected before year end, the move marks the agency's most direct effort yet   to replace ad hoc enforcement with a defined framework   for experimental   financial technology.   That's kind of a frightening word, isn't it? Which includes new developments and applications for cryptocurrencies,   blockchains, and other decentralized   finance verticals.  

Earlier in June, Atkins had directed SCC staff to explore what he called a conditional exempted   relief framework   or innovation   exemption   aimed at letting on chain financial products or projects   operate under temporary   supervised conditions   while broader rule making take shape.   It's like we're in an old folks home and we're having to be supervised and and fed, you know, applesauce like we were babies.   Yes. Because we can't be trusted.   We're gonna do things like set the house on fire and put the cat in the microwave. Oh my god.   Put little Johnny, stop setting the table cloth on fire.  

Late last month, Atkins confirmed that the agency was moving ahead with plans to formalize the plan,   reiterating   his earlier direction for staff to design a conditional relief framework.   Atkins said at the time, the proposal could be finalized by   year end as part of a broader effort to create clear pathways   for compliant   innovation.   Dude, pausing yet again,   compliant   innovation.   Hey, your shit's innovative, but it's not compliant.   We can't no. You can't innovate that way. You gotta innovate this other way.   Compliant innovation is what I'm trying to describe here is that it's an oxymoron.  

There's no such thing as compliant   innovation.   It's either an innovation   or it is not.   A thing is either compliant   or it is not. There's no such thing   as compliant innovation.   This is all   suit speak.   I'm just saying it. This is throwing people a bone so they'll stop gnashing their teeth. I guarantee it.   The exemptions would allow a slew of decentralized projects and platforms to, quote,   test their ideas   without burning millions on lawyers first   while giving regulators   a front row seat to see how this stuff actually works,   said Wendy flu Fu, CEO and founder of Swee   based Dex mode Momentum Finance.  

Sui based?   Did they try to say Swiss based?   Anyway,   SUI based DEX Momentum Finance.   Yet,   the SEC's gesture   only matters if the rules actually fit   how crypto systems   functions, she added. Otherwise,   it's just regulatory   theater that sounds good but stays impossibly expensive to navigate.   Yes. I I'm in total agreement with her. She's actually right. Now she's given them an out, but   it will be regulatory theater that sounds good and is impossibly   expensive to navigate. That's that's what's going on here. But moreover,   again, they're throwing everybody a bone to get them to shut up. The SEC chair's remark reflects growing optimism   among industry observers that the SEC is moving in earnest   from enforcement   to engagement   on digital asset regulation.  

Given the alignment, the SEC's effort could finally bridge the gap between innovation and regulation in The US market, said Jacob   Kronbicher,   CEO and cofounder of on chain credit marketplace Clearpool.   Crypto projects have faced uncertainty for years   because there was no defined path to experiment under regulatory oversight,   Cron Bichler   said,   adding that a formalized exemption at this level shows that, quote, innovation   can coexist with investor protection   and is critical for long term competitiveness,   end quote.   Despite the previous diaspora of crypto firms, the SEC is now trying to bring real innovation back onshore   and encourage global collaboration around standards,   he said.  

If implemented well,   the exemptions could lower the barrier to responsible   experimentation.   He said, noting how many,   quote, compliant minded firms were driven to build outside The United States simply because the rules were unclear.   A supervised framework   for innovation   would allow companies to test new models in areas such as DeFi, tokenization,   or payments without the fear of retroactive   enforcement, he said.   So a supervised   framework   of compliant   innovation.   Does does this sound anything like what you thought was going to happen?   Well, it kinda did to me.  

However, it was never framed this way.   We always knew it was like, I don't know, man. The United States government embracing Bitcoin, how's that shit gonna work? Well, this is how it's gonna work, ladies and gentlemen.   A supervised framework for compliant   innovation.   It sounds like a cloning lab to me, but, hey,   let's move on to the four year cycle.   Is it   dead? No. Long live the king, baby. K thirty three claims Bitcoin's new era breaks every old rule   James Hunt writing for the block.   Bitcoin.   Its historic playbook is no longer relevant. Oh my god. According to research and brokerage firm, k thirty three's book, October outlook, which argues that the familiar four year having cycle,   once the market's metronome,   has been rendered obsolete by the rise of institutional adoption,   sovereign participation,   and macro policy alignment.  

Bitcoin hit new all time high this week. Yes. We know. We don't care. Quote, the four year cycle is dead.   Long live the king, k 33 head of research,   Vettli   Lund wrote in the report suggesting that this time is indeed different.   And Bitcoin has entered a fundamentally new regime   where structural forces,   not retail mania,   dictate its trajectory.   However, Lund   conceded the market looks overheated in the near term, noting the Bitcoin ETF and derivatives exposure surge by over 63,000   Bitcoin in a one single week,   the strongest accumulation   of the entirety   of 2025.  

Open interest on CME futures jumped by nearly 15,000   BTC,   while United States ETFs absorbed over 31,600   Bitcoin   in just seven days.   Historically,   similar spikes have marked local tops in mean reversion plays. Still, the analyst expects only short term consolidation,   not   a structural   reversal.   K 33 positions   twenty twenty five's rally as the antithesis   of prior euphoric Bitcoin peaks. In 2017,   optimism over CME futures launch fueled a blow off top.   Wait. What?   Oh, the futures. Okay. Sorry. That that caught me by surprise. Yes. Indeed.   That wasn't the only deal, though. That that was not the only thing going on in 2017,   but we will let it go. In 2021,   the dream of ETFs ended in Securities and Exchange Commission rejection.  

However, now in 2025,   those dreams are indeed a reality, Lind said, and Bitcoin is now a material part of the global institutional market.   BlackRock now manages a $100,000,000,000   in Bitcoin ETF assets.   Morgan Stanley is guiding clients toward a 4% crypto allocation.   And Washington DC has embraced a crypto friendly agenda, including   Trump's strategic Bitcoin reserves, which he has done jack shit with, I might add.   Quote, during the 2021   climax, tighter monetary policy and expected post COVID sobriety   coincided with the peak.   In 2026,   Trump is expected to replace Jerome Powell with a rate cutting   marionette,   putting out the fire from the expansionary   big beautiful bill with gasoline,   Lund said.  

Quote, abundance   rather than restrictive austerity is on the books.   A setup clearly favoring scarce assets,   well, like Bitcoin.   While historical fractal analysis   suggests Bitcoin could be nearing a cyclical high,   one thousand and fifty one days from the November 2022 bottom,   roughly matching the approximate   one thousand sixty day expansions of prior bull runs,   Lund dismissed   such symmetry   as a coincidence.   Quote, fractals are lazy, he said. Instead, k 33 applies a six part framework of market risk factors, including   assessment of funding rates, RSI,   Bitcoin dominance decline,   perps versus spot volumes,   social trends, and supply dynamics.  

Only two indicators currently flash red.   The perp spot divergence and an overbought RSI metric, by the way. And that keeps the market outside of the danger zone typical of prior peaks and means Bitcoin's price action remains healthy. Quote, nothing points towards another repeat of the dreaded four year cycle. Oh, really? Nothing?   I mean, nothing? That's why we're gonna end this this this article. Okay. Nothing.   Nothing could possibly go wrong.   I'm knocking on wood, dude. I just   please stop jinxing everything that you see.   Moving on to strategy,   here's the number.  

$3,900,000,000.   That's the gain just on Bitcoin   in the 2025.   Tooder.   Alex Larry, Bitcoin news. Please tell us more.   Strategy Incorporated, the largest corporate holder of Bitcoin, reported a $3,900,000,000   fair value gain on its BTC holdings for the 2025.   The result shows the company's massive exposure to Bitcoin has paid off handsomely.   The company's Bitcoin position now over   $80,000,000,000   as the foundation of strategy's business.   As BTC rose above the $125,000   mark this week, strategy's 640,031   BTC   was worth $80,300,000,000   or $31,000,000,000   in unrealized   gains.  

Did you catch that?   $31,000,000,000   in unrealized   gains.   Dude, he smoked   smoked most of the companies in the world, and he doesn't even sell a product.   Oh, well, unless you include strike and strife and all that, all the convertible notes and the the seniorage   bullshit. Yeah. Whatever.   He doesn't sell software anymore.   He doesn't make widgets.   $31,000,000,000   in gains.   Am I suggesting to go rush right out and go buy MicroStrategy?   No. I'm not. I'm just saying   I can't argue with success. I just can't. It makes me look stupid. But according to the company's quarterly filing,   Strategy's average cost basis for its Bitcoin is 73,983   per coin,   built up over years of consistent buying. But for the first time since April, the company did not buy any Bitcoin this week.  

Executive chairman Michael Saylor confirmed the pause and tweeted,   no new orange dots this week. Just a $9,000,000,000   reminder of why we HODL, end quote.   The tweet referenced the orange dots used to mark each Bitcoin purchase on strategy's public chart.   So there you go.   $31,000,000,000   in unrealized   gains   since   the accumulation of Bitcoin started for strategy.   Wow.   Again, I can't argue with success.   It it it would make me look dumb. Right? I I'd have to wait until some something terrible happens to to strategy,   which means something terrible would happen to Bitcoin, and I would still I I would not be happy about being right.  

Again,   not saying to go buy strategy stock.   What I am saying, as always, is buy Bitcoin,   hold Bitcoin,   just don't hold it on exchanges. Just do it do it yourself.   But Europeans   apparently are now going to be able to live on a Bitcoin standard with something called bringing   from Bitcoin magazine, Vivex in writing bringing   bringin,   b r I n g I n, bringin   an Estonia   based Bitcoin financial services platform has announced   the full release of its comprehensive   Bitcoin to Euro solution following an eighteen month beta testing period during which approximately   1,000 early users   transacted over €6,000,000.  

The platform aims to bridge the gap between Bitcoin self custody and everyday financial needs for users in The Eurozone.   The launch addresses long standing challenges faced by Bitcoin holders in Europe, particularly   the difficulties in converting and spending Bitcoin for daily transactions.   Bring in solution   combines self custodial lightning network functionality   with traditional financial services   offering users the ability to manage both Bitcoin and euro transactions within a single application.   Key features of the platform include direct on ramping to self custody,   Bitcoin to euro conversion through on chain, which is another company, and   and Lightning Network. Oh, no. No. No. No. I'm sorry. It's through on chain transactions   or Lightning Network   and personal   virtual IBAN accounts for each user.  

Users can gain access to both virtual and physical Visa debit cards   with zero transaction fees, enabling Bitcoin spending anywhere Visa is accepted. Holy shit.   This is kinda big. The platform's integrated approach allows users to handle significant Bitcoin to Euro conversions   exceeding   one full Bitcoin.   Damn. Making it suitable for large purchases   like a car or property.   The service also simplifies compliance and banking relationships through its dedicated virtual I band system,   addressing a common pain point for Bitcoin users who frequently face banking restrictions or compliance challenges.   Bring in solution is particularly noteworthy for its built in lightning network wallet, eliminating the need for users to manage external wallets.  

This integration streamlines the Bitcoin experience for both experienced users as well as newcomers,   providing a complete suite of Bitcoin based financial services within a single application.   The platform's   automatic conversion feature enables users to maintain Bitcoin holdings while handling daily expenses through the Visa debit card system.   This functionality   allows users to effectively   live the standard   while maintaining practical asset to the traditional financial system.   Well, lightning is the fastest payment network on Earth, and we've built bring in   around it from day one, said   Prashnath   Chandasthenarkar.  

Yeah. I butchered that one. Co founder and CEO   slash CTO of Bring In, quote,   moving seamlessly from self custody to your bank account makes living on better money possible.   Money that can't be inflated away,   money that you actually control, end quote.   The launch represents a significant step toward   making Bitcoin more practical for everyday use in Europe, combining the benefits of self custody with the convenience of traditional banking services.   The platform is available for download on both Android and iPhone devices,   offering Eurozone residents a new way to integrate Bitcoin into their daily financial lives.  

I'm laughing for I'll I'll tell you why here in a sec. This development comes at a time when demand for seamless Bitcoin to fiat solutions continues to grow in Europe, particularly among users who prefer to self custody their Bitcoin while maintaining easy access to the traditional financial system. And that's why I'm laughing. This I'm not saying that this is crap.   Okay? I don't I don't know.   But I've got I've I've got questions   as to just how far the European   Union   is going to allow this to occur because   this is very dangerous   to the European   Union. It just is.  

To allow the free use   at this scale   using   Lightning and on chain, using Bitcoin, using having Bitcoin to fiat conversions,   having this whole IBAN connection, which is a whole European thing. I won't get into it, but I don't know. Just just just think of   how you interact with your bank and your your bank account and when you're online, and and the the channels   communication channels that are that are spun up to be able to do all that. Just it it this this flies in the face of everything that I hear out of everybody in the European Union,   and plus, this thing is coming out of Estonia.  

Right? Now I'm not saying anything bad about Estonia, but it's not exactly the most trusted country in the world   when it comes to, oh, everything that comes out of Estonia is, like, above board. It's not. And it's a small country. It doesn't have a whole lot of say in what goes on in the European Union, yet here we are.   With this clearly,   if if this article is to be believed,   a highly utilitarian   way to interact with Bitcoin on your own terms. I mean, are they really gonna allow self custody?   Are they really going to allow self custody wallets to exchange   what's in that wallet   for fiat using   European banking rails.  

See, that I'm not so sure that we I mean, first of all, we need to watch this because this is pretty much   this is a huge development   just like that square Bitcoin thing at the very front of the show.   I mean, but I I I don't know, man. I got my reservations about this. I don't think the European Union is gonna be all happy   that this is out in the wild on iOS   and Android. So I suspect   that there will be a takedown order issued by the European Union to both Apple and and Android   at some time to get this thing off of there. If they don't   if they don't,   then one of two things is occurring. Either they don't know about it, which is   possible, but I don't think very likely,   or   somehow or another, under the hood, it's actually working for the European Union.  

And I don't want to conjecture as to what that looks like. Last up,   DDC enterprise raises a 124,000,000   clams to accelerate Bitcoin treasury. Yes. I know.   We won't stay here long.   The consumer brand and ecommerce   company announced today a 2   $124,000,000   equity financing   round   led by Pag Pegasus Fund and Mulana Investment Management with participation   from OKG Financial Services.   Founder and CEO Norma Chu already joined the round personally investing 3,000,000 of her own capital.   How that's not a conflict of interest, I will never know. But moving on, the financing priced   a $10   per class a share,   a 16%   premium to the company's recent close, and it marks another step in DDC's   transformation   from a, here it is,   retail operator   into one of the most aggressive public Bitcoin accumulators in the world.  

Look. All this is I'm just bringing you this to let you know that the the Bitcoin Treasury company train   is still running.   I'm not saying that's good, and I'm not saying that's bad. Well, actually, I'm kinda saying that's bad.   I   re I kinda think that this this whole Bitcoin treasury company is a little overhyped,   and that's   that's being conservative.   It's a little overhyped.   Right? It's in in my opinion, I would stay away from every single one of these companies. And and when you do, you'll   somebody here in the audience will inevitably listen to me and stay away, and then they won't make the fat gains that they could have made had I just kept my mouth shut, and I take full responsibility for that. The only   Bitcoin that I consider mine   is Bitcoin that I personally hold   under keys I generated   that I keep myself.  

I have   nobody else involved.   It's not it's not in an ETF.   It's not a futures contract.   No.   I fully possess the Bitcoin,   and I sleep well at night.   I do not want to add what I the sleep I already lose when dipshits in the market decide to cut and run.   I don't wanna add to that. What's Michael Saylor gonna do?   What is, the CEO of Meta Planet gonna do today? Is he gonna wake up and just say, you know what? I   I this was a bad idea. Let's sell it all. I don't wanna worry about The UK   selling their $61,000   you know, 61,000   BTC that they stole,   just saying they stole it.  

I don't wanna care about what they're doing. I already have to care about what they're doing,   just like I had to do with Germany. Although Germany, you know, selling all those coins, it was completely absorbed into the market, and I really didn't have anything to worry about. But 61,000   coin is it's out there in the wind.   You know? I   I have enough   on my plate.   I don't need to worry about whether or not   I get into shares of strategy or this   DDA or what the hell, DDC.   I don't care.   I don't want it. I don't wanna know anything about it.   But,   again,   I can't argue against   success.  

It's clear that this train is still running.   It is clear that this train is not derailed.   It is clear that people still believe that this is a play to make. And as long as that sentiment is out there in the market,   we would do well   to under at least understand it. At least actually, no. No. At least know of its presence.   Because if that train gets derailed,   there's just trouble. There just is. I wish I could sugarcoat it for you, but I can't. In fact, I won't because if I did   or I could and then I did, I I wouldn't be serving my audience very well, and I'm here to serve you. So what have we learned   today, ladies and gentlemen?  

Square Bitcoin. That's that's the takeaway. That one and bring in.   Of all the things that we discussed today,   those two things, square Bitcoin   and bring in   and bring in I got question marks behind. Square Bitcoin?   Not so much question marks as far as whether or not it's gonna get shut down.   Will apathy come in? So there's some question marks about both of them, but I'm really excited about square Bitcoin because   it does give us the opportunity   to go to the farmer's market, shake our ranchers hand, buy a stake from the rancher and say, I'm paying you in Bitcoin because you accept square. And when he goes, what? It's like, yeah. Square, but you now have the ability to accept Bitcoin. And even if you don't want my Bitcoin, it'll it'll convert to dollars immediately. You won't even have to wait. But this way, I can I can use my phone wallet to buy Bitcoin and you can show him how it works? Because I guarantee you, if he knows he's going to get the money anyway   and he's going to be doing it through Square, which is something that he already uses,   then he's going to want to know more about it. This is our opportunity.  

So any at any like, it doesn't even have to be a farmer's market.   Any place that you go, like a trade show or not actually, not a trade show. What about a like a swap meet,   a flea market? All these people use Square too.   You have the opportunity   to start having a real conversation without eyes rolling up in the back of their heads,   without   noises of yet another Bitcoiner coming up to talk to me about Bitcoin, and I don't want I don't want but   if I tell somebody, a vendor, like, yes, I'm gonna buy the steak, and they pull out their Square app,   And then I use my phone   to pay that Square invoice.  

Right?   And I tell them at the moment that I make that transaction that I just used Bitcoin to buy this.   They're gonna go, what? They're gonna   be instantly interested.   And that's the opening we need.   We need buy in on that   word Bitcoin,   and we need buy in from the vendor on that word Bitcoin.   This is the one time that I've seen   that has the greatest potential   of   generating that vendor buy in when we tell them, I just bought your stake for Bitcoin. I just bought your rutabaga for for Bitcoin.   Those salad greens, I just bought your salad greens for Bitcoin. They're gonna wanna know how because they're using Square.   You're using maybe Cash App or Square.  

Doesn't matter. The fact that they can see that they got the money   and you told them that you just paid them in Bitcoin, they're gonna wanna know more.   Take the opportunity.   Don't let it slip, and I'll see you on the other side.   This has been Bitcoin, and and I'm your your host, David Bennett. I hope you enjoyed today's episode and hope to see you again real soon.   Have a great day.