Transcript
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Welcome to the Bitcoin Infinity
show, brought to you by Bitbox, the
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Bitcoin advisor, and Shoppingbit.
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Check out bitcoininfinity.
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com for our books, merch, and all
other things Bitcoin Infinity.
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LFG.
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George, welcome to the Bitcoin Infinity
Show, thank you for joining us.
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Thank you, Luke.
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Thank you, Knut.
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Good to have you here, George.
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to be here, yeah.
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you're here to tell us about the city
that I was most surprised by ever.
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Like, I've never heard of the city before
I went to Bulgaria, like, it's like
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two and a half years ago, almost now.
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Yeah, time flies.
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So Plovdiv, Bulgaria, which was amazing,
this rich, You Thousands of years of
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history plays with a lot of different
eras and different styles of architecture
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and stuff, really enjoyed Plovdiv, and
uh, you have a football team there.
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Yeah, yeah, indeed.
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Please give us the story
about George and Plovdiv and
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Yeah, sure.
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Plovdiv.
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Sure, sure.
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So, um, Plovdiv is, uh, well, I would
say it's the oldest living city in
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Europe, so continuously inhabited.
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Like you say, not many people know it.
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I guess, like, we don't have good enough
marketing, uh, but, that's probably
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part of my job right now, right?
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To spread the word about it.
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so it's, uh, like the second
largest city in the country.
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And, uh, yeah, it's, uh, it's just
this, uh, it's very, like, I love how
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you put it because like, almost nobody
has really heard of Plovdiv, right?
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Most people, when they hear of Bulgaria,
they've probably heard of Sofia at most.
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but Sofia is, yeah, it's, it's okay,
but Plovdiv is kind of the chill
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place, Plovdiv is the, the place that
is actually worth visiting, the place
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where, which is kind of the most, uh,
yeah, people, people just enjoy doing
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it, uh, enjoy, enjoy going there.
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I was born there, right?
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and, uh, grew up there till
18 or so, then, uh, Studied,
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lived in Sofia most of the time.
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And, um, last year, uh, in kind of
summer, I was already kind of deep
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into way, way deeper into Bitcoin.
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I decided I'm going to go full
time into Bitcoin, just commit all
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my time in Bitcoin at the time,
educating, uh, publishing books
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in Bulgarian about Bitcoin, um,
creating my own educational platform.
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And then I got, uh, Uh, reached out
and connected really to the owner of
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the football club in the city, which
is also the oldest football club in
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the country, Botev Plovdiv, um, who
was, um, well, he got introduced into
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Bitcoin himself and he realized it's
going to be a very big, uh, project.
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You know, going to play a central
role in where the world is going.
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What is this the owner of the club?
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That's right.
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Yeah.
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The owner of the club.
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and he was like, Hey, like, I think we
can do something unique with, with Bitcoin
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because, uh, you know, we being, uh, like,
like the club is really a company, right?
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It's a business on the one hand, but
it's a special type of business, right?
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Because it's, um, you know,
it's not where just you produce
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a certain product or service.
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It's really a living organism where people
are involved into it, you know, for,
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for kind of like very emotional reasons.
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Like people feel like it's their own and
it's not like a small group of people.
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It's a very large group of people.
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In our case, like we have tens of
thousands, arguably like more than a
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hundred, 200, 000 like people who care,
who watch, you know, who follow the club.
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And so on the one hand, like there's
many different ways in which we can
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look into this, but on the one hand.
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It's for me, what really inspired me
and what got me like, Oh my God, like,
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is this really happening is that we can
bring the conversation about Bitcoin
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from a completely different angle into
society to a group of people who for the
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most part would never really They would
like this, they would never listen to
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podcasts like this, they would never get
to any of the kind of places and things
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we listen to, watch, consume, right?
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and uh, just yesterday it was kind of
like we had this conversation, it's
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like, people go, You know, uh, people
go kind of for bread and circus, right,
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yeah, yeah.
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for the games.
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That's what really football is, right?
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It's fun and it's emotion, it's
enjoyment, but then we push
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them censorship resistance and
uh, and, and hard money, right?
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And we don't really push it, you
know, that's the thing, right?
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Because are like consistently,
progressively, gradually over time,
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introducing it and finding the
best way and the most appropriate
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way to, um, yeah, plant that seed.
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To the minds of the people, into
the views of the people and,
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and, uh, and so on and so forth.
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So, so it's really like, you
know, what we're trying to build
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is, um, we feel we're in a very
privileged position, right?
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Uh, because we've been, um, yeah, the
first really professional sports club
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globally, I would say, to have, uh, crypto
Bitcoin, you know, people, departments,
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who is actually full time employed to,
you know, think of a way to grow the
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business, to think of a way to integrate
Bitcoin natively, within the various
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aspects of, of, of the organization,
which obviously initially includes like
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accepting payments and so on and so forth.
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But, um, but there's so much more you
can do exactly with this type of, Like
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organization, again, like not, not, not
just a business in a traditional sense.
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Yeah.
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And, uh, won the league, right?
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Is that, is that right?
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Yeah, man, like it's, uh, yeah,
so we, um, when I started last
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year, things were super bad.
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Like exactly one year ago, I was there
for the, for one of the first games.
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It was horrible.
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Like, I was like, okay, this is a great
idea, but if the team is doing so bad
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and if, uh, if they keep losing and
if the fans keep getting, you know,
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being unhappy, Um, it's not gonna
go anywhere, but still, I gave it
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a, I gave it a go, right, because I
was like, okay, I just hope that the
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sports side guys are going to do their,
their part, and I have my opportunity
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here, um, to, to just like push, to
educate, to, To do what, what, what
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life is giving me an opportunity to do.
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And, uh, very fortunately, as we
started working, the team started
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performing better and better and better.
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We got a completely new coach.
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We got a new sports director.
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We, we had a lot of key staff
changes across the organization,
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which, Um, relatively quickly
started showing results.
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So, uh, yeah, like, 10 months later
in May, we won the Bulgarian Cup.
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Is that the cup or the league?
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Like, uh,
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it's the cup, it's the cup.
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So, so, I was saying, like, we
started very bad in the league.
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And so, we were doing better
and better, but still, like, we
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finished 9th in the league out of
16 clubs at the end of the day.
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But which was still okay, because, like,
when I joined, like, we were, like,
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Worried about relegation
or something like that?
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there.
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I mean,
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We're complete, uh, like I've tried
to take an interest to football,
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but like, uh, my ADD just, the brain
just wanders away after five minutes
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and I can't concentrate anymore.
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So I don't
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a basketball fan.
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Am I now?
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Uh, so, uh, what's the difference
between the cup and the league?
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Let's begin there.
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That's, that's how much
of a football noob I
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So, so pretty much in every
country is the same, right?
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You have a league or a championship where
you have, in our case, 16 teams, and every
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team plays twice against every other team.
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So home game, away game, and then,
you know, you either win three points
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when you win, or you lose, or you
draw, and you, you, you win one point.
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And then, so after you play,
after you play, in our case,
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this, what is it, games?
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You know,
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30.
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yeah, about 30.
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Yeah, right.
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You're better than Matt, it's obvious.
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So, um, so once you play these 30
games, um, you, um, yeah, like the
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team with the most points wins, right?
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Whereas, uh, the cup is direct elimination
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So quarterfinals, semifinals, all that.
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exactly.
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So it's the easier way.
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So this was the way for us to due
to the bad start of the season.
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This was the way for us to, to achieve
something in this season and to achieve
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something important because what the
Cubs gives us as an opportunity and gave
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us was to play in the European Leagues.
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So UEFA Leagues.
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And we just did that.
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We played six games.
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Uh, for the Europe, uh, Europe League
and the Europe Conference League.
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Okay.
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But to, to be in the champions league,
that's a totally, you have to, yeah, yeah.
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You have to win the league and you
have to win all sorts of stuff.
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Like how does that work?
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yeah.
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You have to win the league.
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And then in our case, so in every
country it's different, but in our
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case, we have to win, like we go to
qualifications for the Champions League.
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So it's like, I mean, three to four games.
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And if we win that, we go
to the Champions League.
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Alright,
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That's the current state of affairs,
although that can change over the years.
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alright, uh, it all makes sense to
me now, that's a lie, but anyway.
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No, uh, I'll definitely, we'll acknowledge
here that I'm more of the, the sports
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fan, uh, generally here, and I, I follow
football, I like, uh, I like European,
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uh, football, uh, well, and obviously
I'm using the correct, uh, term despite
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my, um, my pseudo American accent, uh.
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Yeah, anyway, um, uh, no, it's
fantastic to see, and I mean,
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yeah, for the non sports fans,
uh, listening to this, I get that
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Well, I am a sports fan, it's just that
Starcraft 2 is my sport, and yeah, yeah,
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yeah,
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eSports.
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yeah, yeah, so I watch,
watch Starcraft 2 games.
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That's what I do for
procrastination sometimes.
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valid sports, I'm not going to
compare it to other things that aren't
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breakdancing?
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Is that a valid sport?
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Breakdancing is, um, hmm, interesting.
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I think anything with points, that
judges give points, is kind of not
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really a sport, it's an activity.
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yeah.
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but, yeah, anyway,
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thing to do.
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is a thing to do, yes, definitely, but
back to, back to, um, um, Botev Plod, is
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it Botev, Botev, what's, what's, Botev,
Botev Plod, yeah, so, so, um, yeah,
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yeah, like, the, the, the achievement,
winning, winning the cup, I mean, the,
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The cups are sort of more difficult.
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They're both difficult
in their own way, right?
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Like, the cup, you lose one game,
you're out, basically, right?
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But, I mean, the league is like this
endurance, uh, achievement, right?
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You have to perform well over
the course of the whole season.
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But the cheat code, so to say, and I
probably subconsciously used the other
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football team's terminology, who's in the
space, Real Bedford, um, The, the idea
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right, if, if I'm getting it, is that you
guys would, would keep the Bitcoin in the,
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in the, the treasury, the, the company,
and then over the course of time it's just
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gonna do the number go up thing and, and
the, the club will have more resources.
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Right.
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Is that, is that the idea you're
thinking with the, the bitcoin strategy?
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There's actually many, many things to it.
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And this is kind of the most, let's
say, vanilla type of approach.
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Yeah, like just buy Bitcoin and
hold it on the balance sheet,
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which is, which is great.
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But there's actually so many
other things you can do.
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And that's where, because if you just
do that, frankly, like, I mean, you
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don't need me involved, right, much.
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00:11:20,463 --> 00:11:25,413
I mean, just call Coinbase, whatever, wire
the money, crack in and, you know, buy.
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but with us it's like, really, uh, we
see a huge opportunity to, first of
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all, align our brand with the Bitcoin
brand, which is a royalty free, uh,
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The biggest brand in finance, for sure.
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One, uh, like it's going to be the biggest
brand in the world for sure at some point.
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Right.
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So that's, that's one play.
224
00:11:45,631 --> 00:11:47,761
And to do this, it's not enough
for you to just buy Bitcoin
225
00:11:47,951 --> 00:11:48,941
and hold it on a balance sheet.
226
00:11:48,941 --> 00:11:50,881
It's what you need to do
is proof of work, right?
227
00:11:50,881 --> 00:11:53,461
You need to do things
that nobody has ever done.
228
00:11:53,461 --> 00:11:56,301
You need to really kind of be creative.
229
00:11:56,371 --> 00:12:00,691
Uh, and, and, um, to push
the boundaries of what anyone
230
00:12:00,701 --> 00:12:02,151
has ever done before, right?
231
00:12:02,151 --> 00:12:07,811
So, so that is, uh, that is my kind of
job and it's a lot of, um, a lot of just
232
00:12:07,811 --> 00:12:12,491
like, let's, let's think of what, what new
things we can do with Bitcoin and sports
233
00:12:12,521 --> 00:12:14,101
and football that nobody has ever done.
234
00:12:14,611 --> 00:12:18,291
Just because others are focused on
the short term things, they're focused
235
00:12:18,291 --> 00:12:23,655
on, You know, hitting those, those
quick wins, those quick goals, which
236
00:12:23,655 --> 00:12:28,705
is why, for example, like a lot of the
sports and, and that have, you know,
237
00:12:28,705 --> 00:12:32,325
interact, they haven't really interacted
outside of Bedford with Bitcoin, right?
238
00:12:32,325 --> 00:12:35,855
It's mostly been crypto because it's
just, okay, let's make some quick money.
239
00:12:36,295 --> 00:12:36,795
Um,
240
00:12:36,820 --> 00:12:39,030
usually, it's usually
just sponsorships, right?
241
00:12:39,180 --> 00:12:39,590
yeah,
242
00:12:39,655 --> 00:12:40,105
yes.
243
00:12:40,185 --> 00:12:44,195
Um, and for us, because on
the one hand, like, we're not
244
00:12:44,205 --> 00:12:46,315
like Manchester United, right?
245
00:12:46,335 --> 00:12:47,235
We're not Chelsea.
246
00:12:47,235 --> 00:12:49,675
So we don't have that much
to monetize immediately.
247
00:12:49,685 --> 00:12:51,205
Like we're a large club, but.
248
00:12:51,903 --> 00:12:56,013
You're a large club in a local league,
which is, which is different from the,
249
00:12:56,033 --> 00:12:59,263
it's not one of the leagues that is
internationally positioned like that.
250
00:12:59,283 --> 00:13:02,963
But, but, I mean, the, the difference
between you guys and Bedford that I,
251
00:13:03,003 --> 00:13:04,503
that I think is, is really interesting.
252
00:13:04,513 --> 00:13:07,983
Like, McCormack, what he, Peter
McCormack, what he's doing, I mean,
253
00:13:07,983 --> 00:13:11,613
he's, he's taking a club from the
bottom and aiming for the top.
254
00:13:11,633 --> 00:13:13,653
But who knows how long that's going
to take him to get there, right?
255
00:13:13,653 --> 00:13:16,093
But you guys are already in
the top of your league, right?
256
00:13:16,103 --> 00:13:17,153
Like, in the top league.
257
00:13:17,453 --> 00:13:20,333
right, yeah, and also there's,
there's different in this,
258
00:13:20,333 --> 00:13:21,643
we're in the top of our league.
259
00:13:22,503 --> 00:13:26,403
My goal, personally, is to go to Champions
League, but this is very hard, right?
260
00:13:26,663 --> 00:13:29,853
Because, like, okay, when you start
from Peter's ground, like, it's easy,
261
00:13:29,853 --> 00:13:33,293
okay, every year you level up, you level
up, or, I mean, I'm not gonna say it's
262
00:13:33,293 --> 00:13:37,943
easy, but it's easier than, uh, than
once you're, you know, at our level.
263
00:13:38,618 --> 00:13:42,528
For us, it's important to play currently
every year in European leagues like
264
00:13:42,528 --> 00:13:47,528
we've done so far and to every year
consistently, like, increase the level
265
00:13:47,528 --> 00:13:51,975
of the sports, level of the business
department bit by bit, and, but like
266
00:13:52,155 --> 00:13:57,240
breaking that point where we, you know,
win the league, Where we win several
267
00:13:57,240 --> 00:14:00,650
more games and enter the Champions
League, that, that's really hard.
268
00:14:01,030 --> 00:14:04,570
I mean, because you're already at
that stage where everybody, like,
269
00:14:04,580 --> 00:14:06,300
so many teams are so strong, right?
270
00:14:06,640 --> 00:14:11,280
So it's um, it takes just a lot
of ingredients for you to, to,
271
00:14:11,330 --> 00:14:12,630
to hit, uh, in order to win.
272
00:14:12,690 --> 00:14:13,560
But we're gonna get there.
273
00:14:13,790 --> 00:14:17,170
and does the club self
custody it's bitcoin?
274
00:14:17,200 --> 00:14:20,710
And if so, is it a something
out of 11 multisig, that
275
00:14:20,710 --> 00:14:22,830
sounds like a football thing?
276
00:14:23,010 --> 00:14:23,590
Why so?
277
00:14:23,660 --> 00:14:24,760
Ah, yeah, an 11?
278
00:14:24,790 --> 00:14:26,030
Nah, nah, fuck that.
279
00:14:26,190 --> 00:14:26,420
I mean
280
00:14:28,570 --> 00:14:32,340
Nah, even, even 7 Motosick
is a, is a killer, but no.
281
00:14:33,195 --> 00:14:37,835
Um, yeah, I can't really speak
too much about this at this point.
282
00:14:37,845 --> 00:14:38,145
Yeah.
283
00:14:38,215 --> 00:14:41,191
Um, but, um, but yeah, I mean,
284
00:14:44,971 --> 00:14:46,531
we do, of course we do self custody.
285
00:14:46,531 --> 00:14:50,351
So that's, that's the approach that
we've chosen with kind of a lot of,
286
00:14:50,371 --> 00:14:55,501
um, we've chosen to go really pure,
pure Bitcoin in terms of the strategy.
287
00:14:55,601 --> 00:14:57,911
And that's how we set ourselves apart.
288
00:14:57,921 --> 00:15:01,211
That's how we believe we win the
long game because for instance,
289
00:15:01,211 --> 00:15:03,961
like we Bitcoin with BTC pay server.
290
00:15:04,491 --> 00:15:07,571
Which in my mind they don't
even have competition.
291
00:15:08,061 --> 00:15:12,521
It's the only like, real,
solid, autonomous, sovereign
292
00:15:12,551 --> 00:15:13,701
way to accept payments.
293
00:15:13,911 --> 00:15:18,681
And it's also the way which makes sense
for like, Frankly, any standard business,
294
00:15:18,931 --> 00:15:25,081
because like, man, we're selling scarves,
we're selling, um, membership boat cards,
295
00:15:25,081 --> 00:15:30,661
we're selling jerseys, we're selling
basic merch, and if we are to sell it with
296
00:15:31,321 --> 00:15:36,831
basically any other service out there,
outside of BTC Pay Server, we have to
297
00:15:37,231 --> 00:15:41,061
basically, uh, indirectly do KYC, right?
298
00:15:41,111 --> 00:15:44,711
Like, we have to go through KYC,
we have to go through KYB, which
299
00:15:44,711 --> 00:15:47,051
is ridiculous, um, in my mind.
300
00:15:47,481 --> 00:15:51,691
And so, um, so that's why we're
exceptionally thankful to B2C Pay
301
00:15:51,691 --> 00:15:53,721
Server guys, uh, for what they've built.
302
00:15:53,861 --> 00:15:57,981
Uh, it's been like an absolute
pleasure to, um, to use their
303
00:15:57,981 --> 00:15:59,291
product, to use their service.
304
00:15:59,731 --> 00:16:04,321
Uh, we have, you know, outside
of B2C Pay, we, uh, we are the
305
00:16:04,321 --> 00:16:05,791
first, uh, sports club on Nostr.
306
00:16:06,191 --> 00:16:10,691
Where, uh, we have, uh, actively
been posting, exploring, you
307
00:16:10,691 --> 00:16:12,031
know, meeting people here.
308
00:16:12,441 --> 00:16:15,751
Kind of thinking of what we
could do from our angle again,
309
00:16:15,761 --> 00:16:17,451
like first, first time on Nostr.
310
00:16:18,081 --> 00:16:23,291
Um, we have partnered with, uh,
Aqua, JAN3's Aqua wallet, which
311
00:16:23,291 --> 00:16:25,651
has a, a Botive skin mode now.
312
00:16:25,701 --> 00:16:29,211
So if you go to settings, you can turn
Botive mode and then it turns into
313
00:16:29,211 --> 00:16:32,801
the colors of the club and, you know,
have the picture of the stadium there.
314
00:16:33,291 --> 00:16:34,001
Um,
315
00:16:34,056 --> 00:16:39,376
I'm using Aqua right now because, uh,
uh, usually I like to use Aqua as like a
316
00:16:39,376 --> 00:16:44,526
sort of a middle wallet, uh, uh, because
it's still slightly slower than other
317
00:16:44,526 --> 00:16:48,416
lightning wallets because they, they, the,
everything actually lives on, on liquid
318
00:16:48,416 --> 00:16:51,076
and then they, they, uh, go out via bolts.
319
00:16:51,356 --> 00:16:55,506
Uh, so it's slightly slower than a
faster, um, like, like than other,
320
00:16:55,536 --> 00:16:57,666
um, more direct lightning wallets.
321
00:16:57,806 --> 00:16:59,766
And so usually when I come
to a conference, I'm going to
322
00:16:59,766 --> 00:17:01,406
load up a, like a temporary.
323
00:17:01,706 --> 00:17:04,976
I don't know, Blink or something like
that, but I forgot to do that, so
324
00:17:04,976 --> 00:17:07,226
I'm just using my Aqua wallet, and
you know what, it's been great here,
325
00:17:07,226 --> 00:17:11,266
it's been working, uh, so yeah, we're
big fans of Aqua wallet and what
326
00:17:11,471 --> 00:17:13,051
Yeah, and a BTC pay server.
327
00:17:13,051 --> 00:17:17,231
I mean, uh, we can echo everything
you said that we, BitcoinInfinity.
328
00:17:17,261 --> 00:17:20,381
com, like, and the store
here We just fired up.
329
00:17:20,381 --> 00:17:23,191
Everything is powered by a BTC
pay server, and we just love it.
330
00:17:23,861 --> 00:17:24,321
Yes.
331
00:17:24,616 --> 00:17:26,626
So what was your question about, uh, Aqua?
332
00:17:26,961 --> 00:17:29,041
If yours is on BOTEV mode.
333
00:17:29,576 --> 00:17:32,716
Uh, I don't think I've gone into the
settings and changed it to Vaudev mode,
334
00:17:32,716 --> 00:17:34,166
I'll have to do that, maybe we'll take
335
00:17:34,271 --> 00:17:35,031
It's dark mode,
336
00:17:35,101 --> 00:17:35,641
but cooler.
337
00:17:35,871 --> 00:17:37,341
Doc dark mode, but cooler.
338
00:17:37,371 --> 00:17:37,611
Okay.
339
00:17:37,641 --> 00:17:37,851
Okay.
340
00:17:37,851 --> 00:17:39,561
Actually that's a, that's
a, that's a good point.
341
00:17:39,561 --> 00:17:40,281
That's a good point.
342
00:17:40,401 --> 00:17:40,521
Yeah.
343
00:17:40,521 --> 00:17:43,641
We'll take a, we'll take a picture
after, uh, after the episode and we'll
344
00:17:43,641 --> 00:17:48,271
de proof, proof of bot, uh, bot e
mode, and, uh, uh, post that on Nostr.
345
00:17:48,291 --> 00:17:48,981
How does that sound?
346
00:17:49,101 --> 00:17:49,761
Let's go.
347
00:18:49,956 --> 00:18:50,226
Yeah.
348
00:18:50,226 --> 00:18:51,286
Nostr.
349
00:18:51,306 --> 00:18:56,686
Um, is there a connection there
between both a plot and Nostr while
350
00:18:56,686 --> 00:18:58,096
you're doing Nostr stuff as well?
351
00:18:58,593 --> 00:18:58,783
Yeah.
352
00:18:58,783 --> 00:19:06,488
Well, look, um, a lot of these things
is like, so What Botev Plovdiv stands
353
00:19:06,488 --> 00:19:11,218
for, um, very importantly, so the club
was named after Hristo Botev, who's, uh,
354
00:19:11,648 --> 00:19:16,638
like, one of the most Bulgarians, if the
most famous Bulgarian revolutionaries,
355
00:19:16,638 --> 00:19:20,468
like, historical figure, uh, he was a
poet, he was a revolutionary, he fought
356
00:19:20,468 --> 00:19:22,108
for Bulgaria's freedom back in the day,
357
00:19:22,406 --> 00:19:24,296
Which, which day, which, what day did you
358
00:19:24,481 --> 00:19:29,361
uh, 110, uh, what is it,
like, 50 years ago or so?
359
00:19:29,391 --> 00:19:29,701
Yeah.
360
00:19:30,156 --> 00:19:30,246
Mm-Hmm?
361
00:19:30,286 --> 00:19:30,466
Okay.
362
00:19:30,466 --> 00:19:30,976
So, so
363
00:19:30,996 --> 00:19:31,761
before the Commes.
364
00:19:32,026 --> 00:19:33,226
ottoman, uh,
365
00:19:33,686 --> 00:19:34,316
Yeah, yeah, yeah.
366
00:19:34,316 --> 00:19:37,806
He, he, he, he fought for the,
for the liberation of Bulgaria
367
00:19:38,056 --> 00:19:39,266
from, from the Ottoman Empire.
368
00:19:39,746 --> 00:19:43,926
And a lot of what he stands for is this
fight for freedom, his fight for liberty.
369
00:19:44,266 --> 00:19:48,196
Um, and this, this lives until this
very day into the identity of the
370
00:19:48,196 --> 00:19:51,611
club and to what we stand for into
the songs, into the, into the music.
371
00:19:51,781 --> 00:19:56,821
Um, you know, um, the kind of like
what, what our fans also resonate
372
00:19:56,861 --> 00:20:00,391
with, um, and, and what they
sing like in many, in many ways.
373
00:20:00,391 --> 00:20:00,631
Right.
374
00:20:00,841 --> 00:20:08,171
So, um, Freedom of speech, freedom of,
uh, of like freedom in general is, is
375
00:20:08,191 --> 00:20:13,021
a value that is deeply ingrained into
kind of like what the club stands for.
376
00:20:13,381 --> 00:20:15,991
Um, and, uh, you know,
that's why I'm into Bitcoin.
377
00:20:16,211 --> 00:20:17,051
That's why I believe.
378
00:20:17,051 --> 00:20:20,281
And that's, that's why I saw
this even bigger opportunity.
379
00:20:20,281 --> 00:20:21,731
Oh my God, like, how is this happening?
380
00:20:21,741 --> 00:20:24,581
There's so many, sometimes, you
know, some like weird things happen
381
00:20:24,581 --> 00:20:29,091
in life and you have no explanation
why and how all these things align.
382
00:20:29,101 --> 00:20:32,091
But, but for me, it's like
this club was made really to.
383
00:20:32,390 --> 00:20:35,170
to be aligned with BOTEF and to
be, uh, to, to, to be aligned
384
00:20:35,180 --> 00:20:36,300
with Bitcoin and with Nostr.
385
00:20:36,300 --> 00:20:39,710
If I look at all the other clubs in
Bulgaria, right, like just in Bulgaria,
386
00:20:40,490 --> 00:20:44,560
none of the others, like, there's no
this contextual historical background
387
00:20:45,050 --> 00:20:47,470
that you can make these connections.
388
00:20:47,770 --> 00:20:50,460
But with us, we have it, and what
a chance that, like, we have this
389
00:20:50,460 --> 00:20:54,430
owner, and he got, like, introduced
to it, and then we got connected.
390
00:20:54,430 --> 00:20:56,110
Like, how the hell does this happen, man?
391
00:20:56,170 --> 00:20:56,610
I don't know,
392
00:20:56,868 --> 00:21:01,208
We like to say this, the surreal doesn't
end, you know, and like, uh, my, my whole
393
00:21:01,218 --> 00:21:05,088
story, I've been talking about this, uh,
at the, the conference here is like two
394
00:21:05,088 --> 00:21:08,588
years ago was the first time I ever met
Bitcoiners here in Baltic Honeybadger.
395
00:21:08,588 --> 00:21:12,058
We, we met for the, for the first
time, uh, all three of us, uh, met
396
00:21:12,058 --> 00:21:14,988
for the first time two years ago, I've
been in Baltic Honeybadger and it's
397
00:21:14,988 --> 00:21:17,358
like, things, things happen so fast.
398
00:21:17,358 --> 00:21:20,228
Uh, I've, I've, uh, I've thought
it was been awesome just following,
399
00:21:20,278 --> 00:21:22,248
uh, what you've been doing with
the, the club and the story.
400
00:21:22,248 --> 00:21:25,328
So great to, Great to get
to talk about it, but, uh,
401
00:21:25,753 --> 00:21:25,993
Yeah.
402
00:21:25,993 --> 00:21:28,603
No, for, for me, like really
the, the most exciting part
403
00:21:28,603 --> 00:21:30,523
is really even coming forward.
404
00:21:30,523 --> 00:21:36,103
So, uh, because, so now it's
been, so we, a long, we announced,
405
00:21:36,373 --> 00:21:39,613
uh, publicly that we're doing
this, uh, 31st October last year.
406
00:21:39,643 --> 00:21:43,063
So the anniversary of the, of
the, uh, Bitcoin White paper,
407
00:21:43,633 --> 00:21:45,643
um, we've built a lot right.
408
00:21:46,973 --> 00:21:49,673
And very, very importantly, I'm super
proud, like, I don't know if you saw
409
00:21:49,673 --> 00:21:54,783
this, but like a month ago, we played
on European League, the UEFA League with
410
00:21:55,053 --> 00:22:00,933
Bitcoin straight on our jerseys, which
was like, like, when I saw this, I'm like,
411
00:22:01,663 --> 00:22:03,743
dude, it's crazy that this is happening.
412
00:22:04,013 --> 00:22:07,553
But, but the best is really yet to
come, like, like we like to say.
413
00:22:07,733 --> 00:22:13,283
Um, so I, I think we, we're, we have,
um, we have still so much more to do.
414
00:22:13,313 --> 00:22:17,103
So for me, the next big part, which
I'm super excited about literally in
415
00:22:17,103 --> 00:22:19,103
the coming month as, uh, as I go back.
416
00:22:19,103 --> 00:22:22,393
So is to finally get some of our.
417
00:22:22,988 --> 00:22:27,228
Players or at least one or two to get
to do something publicly about this,
418
00:22:27,438 --> 00:22:30,568
because at the end of the day, that's
why for me, the more I do, the more
419
00:22:30,568 --> 00:22:34,558
I, uh, play in this arena, I realized
this is really a Trojan horse for us
420
00:22:34,558 --> 00:22:39,658
to bring Bitcoin into the conversation,
into the minds, like I said, of people
421
00:22:39,658 --> 00:22:43,148
who otherwise wouldn't and, and our
players, you know, especially a few of
422
00:22:43,148 --> 00:22:44,878
them, they're really influencers, right?
423
00:22:45,293 --> 00:22:47,013
Um, a lot of people follow them.
424
00:22:47,013 --> 00:22:48,193
A lot of people respect them.
425
00:22:48,193 --> 00:22:54,853
And, um, and if they do, uh, you know,
something meaningful, something cool,
426
00:22:54,853 --> 00:22:59,163
something impactful, this is going to
have a huge impact onto our forwards.
427
00:22:59,373 --> 00:23:04,243
This could very well have impact onto,
um, other sportsmen, other football
428
00:23:04,243 --> 00:23:05,573
people, other football clubs, right?
429
00:23:05,943 --> 00:23:08,293
Uh, so that's why I'm doing it, right?
430
00:23:08,373 --> 00:23:08,813
Really?
431
00:23:09,268 --> 00:23:12,928
No, this is fantastic, and actually this
was exactly where I was hoping to go
432
00:23:12,928 --> 00:23:14,628
next, so thank you for queuing that up.
433
00:23:14,898 --> 00:23:18,148
But, no, no, the game
theory of all this, right?
434
00:23:18,408 --> 00:23:24,098
Like, one club getting, Positioning as
the, as the Bitcoin club in a league, uh,
435
00:23:24,128 --> 00:23:28,138
really means that eventually all the other
clubs are going to need to adopt Bitcoin.
436
00:23:28,148 --> 00:23:31,118
If they're going to be able to
compete, because if play playing
437
00:23:31,118 --> 00:23:33,948
out the game theory, number go up,
whatever it is, Bitcoin strategy
438
00:23:33,948 --> 00:23:38,818
plays out, you guys are going to be
the most financially capable club.
439
00:23:39,228 --> 00:23:44,498
Financially sustainable in not very long,
you know, assuming everything plays out
440
00:23:44,498 --> 00:23:46,268
the way we're thinking it will, right?
441
00:23:46,368 --> 00:23:51,238
So, so other, other clubs then would
become incentivized to also adopt Bitcoin.
442
00:23:51,308 --> 00:23:53,618
So what, what do you, what
do you think about that?
443
00:23:53,628 --> 00:23:56,108
Like you, do you, do you see
that, uh, happening as well?
444
00:23:57,093 --> 00:23:59,413
Yeah, I'm not really sure
if it would happen to me.
445
00:23:59,753 --> 00:24:01,083
That fast, to be fair.
446
00:24:01,083 --> 00:24:06,433
Like, I think it's inevitable, right,
obviously, but I think it, yeah,
447
00:24:06,443 --> 00:24:11,433
like, I think this definitely takes at
least three, four years, maybe more.
448
00:24:11,713 --> 00:24:12,363
Um,
449
00:24:12,458 --> 00:24:13,628
That's, that's still pretty fast.
450
00:24:14,613 --> 00:24:15,443
yeah, I guess.
451
00:24:15,443 --> 00:24:19,983
I mean, I mean, like, okay,
let me define it better.
452
00:24:20,003 --> 00:24:21,733
It takes three, four years.
453
00:24:21,808 --> 00:24:28,128
So, for other clubs within our league
to start doing something like this, uh,
454
00:24:28,168 --> 00:24:34,168
maybe it takes less time for other clubs
to realize it, but I think for them to do
455
00:24:34,168 --> 00:24:36,958
it, it also depends on our actions, right?
456
00:24:36,958 --> 00:24:40,188
So because like, we don't have like a
treasury of microstrategy or something,
457
00:24:40,188 --> 00:24:42,128
so it's not, and we're not doing like a
458
00:24:42,258 --> 00:24:42,798
you don't?
459
00:24:42,818 --> 00:24:46,868
monthly like leverage on top of
leverage on top of another leverage,
460
00:24:47,148 --> 00:24:49,878
you know, uh, we're not in, in
Michael's privileged position.
461
00:24:50,483 --> 00:24:51,913
but we can do other cool things, right?
462
00:24:52,323 --> 00:24:57,423
Uh, one of the, um, so this is not yet
live and this is not yet happening, but
463
00:24:57,453 --> 00:25:02,393
one of the, like two, two projects, let's
say, I'm gonna briefly, like, tease here
464
00:25:02,393 --> 00:25:07,053
that, that I'm working on that I hope
to have very large impact is first, uh,
465
00:25:07,183 --> 00:25:13,888
building this, uh, simple tool Uh, called
like a Bitcoin, uh, football salary
466
00:25:13,888 --> 00:25:20,318
calculator that, uh, it's like really a
DCA tool, but like looking back and like
467
00:25:20,738 --> 00:25:26,618
tailoring it to our niche where I want
to, for us to visually and emotionally
468
00:25:26,888 --> 00:25:35,478
Show, um, to players, but also to fans
of ours, like what Bitcoin could have
469
00:25:35,478 --> 00:25:39,468
done for their remuneration, if you look
one year back in time, two years back
470
00:25:39,468 --> 00:25:43,718
in time, three years back in time, four
years back in time, and for them to really
471
00:25:43,718 --> 00:25:45,848
realize, Oh my God, this is a no brainer.
472
00:25:46,128 --> 00:25:46,308
Right?
473
00:25:46,308 --> 00:25:47,538
I want to make this mess.
474
00:25:47,548 --> 00:25:48,518
And this is hard, right?
475
00:25:48,908 --> 00:25:52,168
Um, because like, there's so many
tools and like, but I want to be,
476
00:25:52,878 --> 00:25:55,968
because the audience is very wide,
very different types of audience.
477
00:25:55,968 --> 00:25:58,428
I want to make this so that
you can consume it in like
478
00:25:58,618 --> 00:25:59,668
two, three, four minutes.
479
00:25:59,938 --> 00:26:03,218
And you're like, okay, I need
to learn more about this.
480
00:26:03,248 --> 00:26:04,508
This actually is interesting.
481
00:26:04,508 --> 00:26:09,268
There's like, that's so much
dense and emotional and compact
482
00:26:09,288 --> 00:26:11,328
information that you're like, Whoa.
483
00:26:11,338 --> 00:26:13,208
Why am I not doing this?
484
00:26:13,248 --> 00:26:14,398
How did I miss this?
485
00:26:14,948 --> 00:26:16,748
What, what, what was the
name of that website?
486
00:26:16,748 --> 00:26:20,078
I, I don't know if it's still
up, but bitcoin or shit.com
487
00:26:20,138 --> 00:26:20,978
or something like that.
488
00:26:20,978 --> 00:26:25,928
So, so it lists if you bought this
item when it came out, an iPhone
489
00:26:25,928 --> 00:26:31,208
five or whatever, uh, and if you had
bought b bitcoin instead.com, I think
490
00:26:31,238 --> 00:26:32,678
that that's the, that's the name.
491
00:26:32,888 --> 00:26:36,418
So if you bought, uh, if you bought
Bitcoin instead, it shows you how
492
00:26:36,418 --> 00:26:39,418
much, how much more money you'd
have now and how many iPhones you
493
00:26:39,548 --> 00:26:39,828
Yeah.
494
00:26:39,828 --> 00:26:40,078
Yeah.
495
00:26:40,078 --> 00:26:42,708
And of course there's many of these
tools, obviously like we've all
496
00:26:42,718 --> 00:26:45,198
see them and we all like like them
and retweet them and repost them.
497
00:26:45,198 --> 00:26:45,728
And it's all great.
498
00:26:46,048 --> 00:26:50,048
But I think, at least I hope that we
can do something impactful with this.
499
00:26:50,368 --> 00:26:54,418
If we really tailor it, compact it to
a specific type of niche audience with
500
00:26:54,418 --> 00:26:56,858
a specific message designed for them.
501
00:26:57,098 --> 00:26:59,048
And because this audience is also like.
502
00:26:59,846 --> 00:27:04,206
A type of audience who can also like,
um, you know, bring it to other bubbles
503
00:27:04,206 --> 00:27:06,576
that we ourselves are not part of, right?
504
00:27:07,396 --> 00:27:11,686
So that's, for example, one like, uh,
one like project I'm very, very excited
505
00:27:11,686 --> 00:27:14,966
about and I hope we can, um, yeah,
we'll bring forward relatively soon.
506
00:27:14,976 --> 00:27:17,736
There's a few moving elements,
but definitely in the coming
507
00:27:17,796 --> 00:27:19,966
month or two, uh, at most.
508
00:27:20,491 --> 00:27:24,741
And then, uh, and then, you know,
speaking of the other clubs, what,
509
00:27:24,801 --> 00:27:29,901
what I want us to do is what we're
working is next year, we're targeting
510
00:27:29,931 --> 00:27:35,495
to do, I hope we could do the world's
first, uh, Bitcoin, uh, Cup tournament.
511
00:27:36,095 --> 00:27:42,885
Uh, for youth players, 70 year old boys
who are, you know, right there before they
512
00:27:42,885 --> 00:27:46,768
sign their first professional contract,
start earning money, for them, first of
513
00:27:46,768 --> 00:27:50,248
all, like, it's a Bitcoin football cup,
like, it's the first time this, this could
514
00:27:50,248 --> 00:27:54,206
potentially ever happen And then it's,
it's a football first tournament, right?
515
00:27:54,206 --> 00:27:57,666
This is the, we want to make it
like top quality, like really the
516
00:27:57,666 --> 00:28:00,426
highest quality when it comes to
sports, but then you have Bitcoin
517
00:28:00,426 --> 00:28:01,536
involved all over the place, right?
518
00:28:01,536 --> 00:28:07,236
In terms of brand, in terms of rewards, in
terms of, um, in terms of like plays, um,
519
00:28:07,246 --> 00:28:11,546
like, like games and, and interactions,
activations, uh, throughout, before,
520
00:28:11,556 --> 00:28:15,531
throughout, and after the, And after
the event, and for this, I'm targeting
521
00:28:15,531 --> 00:28:18,111
to get really like, like big clubs.
522
00:28:18,111 --> 00:28:20,061
I mean, because it's academies, right?
523
00:28:20,191 --> 00:28:25,951
I mean, I cannot get the Manchester
United first team, just maybe we could
524
00:28:25,951 --> 00:28:30,351
get the Manchester United 17 year old
team or, you know, another big club.
525
00:28:30,781 --> 00:28:34,241
We get some of these, and then
like we get their brands, we get
526
00:28:34,241 --> 00:28:35,201
them on the focus of Bitcoin.
527
00:28:36,521 --> 00:28:39,241
And we drive the conversation
faster, you know, not three,
528
00:28:39,241 --> 00:28:41,026
four years from now, but Less
529
00:28:41,156 --> 00:28:46,176
what about, um, like right now there's
you and there's, um, you guys and
530
00:28:46,176 --> 00:28:47,866
there's a real bed for it, right?
531
00:28:47,876 --> 00:28:50,016
Those are the two I know of in Europe.
532
00:28:50,346 --> 00:28:53,596
Are you aware of any other clubs
that are doing a Bitcoin strategy?
533
00:28:53,596 --> 00:28:55,406
I mean, is this virus spreading?
534
00:28:55,816 --> 00:28:58,056
Like, have you heard anything like,
535
00:28:58,186 --> 00:29:02,366
Um, Oh, there's, uh, there's
the Austrian Admira Vakir who
536
00:29:02,366 --> 00:29:03,576
have done some integration.
537
00:29:03,576 --> 00:29:08,666
So it's a second tier, uh, second league,
uh, second league, uh, club that have, uh,
538
00:29:08,696 --> 00:29:13,781
that have, uh, you know, they've also had
Bitcoin on the, their second team jersey.
539
00:29:14,221 --> 00:29:19,411
And, um, and they, they also accept
Bitcoin payments, uh, here and there, but
540
00:29:19,411 --> 00:29:26,161
you know, the thing is, there's some other
clubs, um, there's a Miami, um, not Miami,
541
00:29:26,171 --> 00:29:33,551
um, a Hawaiian club that, that is doing,
uh, that is doing like their Bitcoin gig,
542
00:29:34,151 --> 00:29:38,551
yeah, there are other, other sports,
right, other sports team and sports
543
00:29:38,551 --> 00:29:40,831
teams in other sports that are doing it.
544
00:29:40,881 --> 00:29:43,011
But, but for football specifically,
545
00:29:43,216 --> 00:29:43,866
which ones?
546
00:29:44,156 --> 00:29:48,666
Uh, I'm so bad with sports,
but wasn't there like a hockey
547
00:29:48,666 --> 00:29:50,606
team or a basketball team or
548
00:29:50,636 --> 00:29:52,306
I'm not aware of any others, actually.
549
00:29:52,366 --> 00:29:54,966
Yeah, like, uh, there's
been some attempts at
550
00:29:55,286 --> 00:29:56,286
it's
551
00:29:56,396 --> 00:29:58,526
an orange colored team or something like
552
00:29:58,666 --> 00:30:00,526
more the individual athletes,
553
00:30:00,806 --> 00:30:02,046
Yeah, yeah, there have been individual
554
00:30:02,236 --> 00:30:02,916
for instance, a
555
00:30:02,936 --> 00:30:03,656
have been individual
556
00:30:03,846 --> 00:30:06,676
player, and there was some
American football player.
557
00:30:07,211 --> 00:30:09,601
There's been individual
athletes, a lot of them.
558
00:30:09,631 --> 00:30:13,801
There's been, I was asking if you
know, but there's been a baseball
559
00:30:14,341 --> 00:30:16,681
club in Australia, the Port Heat.
560
00:30:17,186 --> 00:30:19,146
Uh, who did kind of a Bitcoin strategy.
561
00:30:19,566 --> 00:30:22,876
Uh, but very unfortunately
that didn't work out.
562
00:30:23,526 --> 00:30:27,396
They kind of started this at
the peak of the last bull cycle.
563
00:30:28,286 --> 00:30:34,036
And, um, and as I understand, uh, there
wasn't like a strong alignment between the
564
00:30:34,036 --> 00:30:37,836
owners and the management in terms of like
understanding that this is a long game.
565
00:30:38,501 --> 00:30:40,911
So that's why this kind of flopped.
566
00:30:41,381 --> 00:30:45,241
Um, but yeah, like I, I think the
reason why it's not happening in more,
567
00:30:45,281 --> 00:30:49,531
unfortunately, and, and, and I see this
even, even within our club, uh, you
568
00:30:49,531 --> 00:30:53,661
know, but, but definitely no other clubs
because Fiat has permitted sports as well.
569
00:30:53,661 --> 00:30:53,861
Right.
570
00:30:53,861 --> 00:30:58,641
So all the sports club, uh, clubs or
the vast majority in football, for sure.
571
00:30:59,426 --> 00:31:02,456
They're like, you know, on
the hamster wheel themselves.
572
00:31:02,696 --> 00:31:03,646
They're indebted,
573
00:31:03,936 --> 00:31:04,936
They're indebted.
574
00:31:05,236 --> 00:31:06,556
to an extreme level,
575
00:31:06,906 --> 00:31:10,926
yeah, like, like fighting for
every dollar for every income.
576
00:31:10,926 --> 00:31:14,886
So it's, it's hard for you to like, Oh
yeah, we're going to have this long term
577
00:31:14,886 --> 00:31:18,346
Bitcoin strategy that's going to take like
two, three, four, five years to play out.
578
00:31:18,656 --> 00:31:20,116
And we can benefit a lot from it.
579
00:31:20,326 --> 00:31:25,426
It's very, very hard in, you know,
unfortunately for a large organizations,
580
00:31:25,516 --> 00:31:29,611
sports club in particular to To
have this realization, to map
581
00:31:29,611 --> 00:31:31,411
this out, to get others on board.
582
00:31:31,601 --> 00:31:35,201
That's why it's not so popular and
uh, and that's why I'm grateful and
583
00:31:35,231 --> 00:31:37,011
keep pushing that we have this chance.
584
00:31:37,506 --> 00:31:40,666
I mean, you make a great point here
about essentially the, it's the
585
00:31:40,696 --> 00:31:42,426
organizational alignment, right?
586
00:31:42,436 --> 00:31:47,426
Like the, the, these are companies,
sports clubs are companies.
587
00:31:47,606 --> 00:31:54,176
They just have this large, the business
is involved around getting fans to come
588
00:31:54,176 --> 00:31:56,116
in and consume this sort of marketing.
589
00:31:56,331 --> 00:31:57,761
Product, essentially.
590
00:31:57,761 --> 00:32:01,881
So it's, it's a certain kind of company
that's run a certain way, but just
591
00:32:01,881 --> 00:32:05,021
like any other company, you need, you
need alignment from the management.
592
00:32:05,021 --> 00:32:09,781
So it's, it's fantastic that, uh, Boteb
Plovdiv has, has the, uh, alignment
593
00:32:09,781 --> 00:32:13,731
and is, is putting their, their trust
in you to, to move this thing forward.
594
00:32:13,991 --> 00:32:18,096
And I mean, from the, from the perspective
of this thing, Playing out, right?
595
00:32:18,416 --> 00:32:21,896
The, the best part that, uh, I think
one of the best parts that you, you
596
00:32:21,896 --> 00:32:23,676
mentioned again was the, the influencers.
597
00:32:23,746 --> 00:32:26,546
Like you get, you get some players,
there's, there's so many angles
598
00:32:26,546 --> 00:32:28,506
to, to reach people through this.
599
00:32:28,506 --> 00:32:30,086
I think it's, I think it's fantastic.
600
00:32:30,086 --> 00:32:33,676
The, uh, orange pilling a player and
then they move to another club, but
601
00:32:33,676 --> 00:32:37,076
they, they, maybe they don't get to get
paid in Bitcoin, but maybe they still
602
00:32:37,136 --> 00:32:39,366
put, put their money in, in Bitcoin.
603
00:32:39,376 --> 00:32:43,766
Maybe they even ask their club to, to, uh,
pay them in Bitcoin, something like that.
604
00:32:43,786 --> 00:32:47,751
And then the, the Questions start
getting, uh, asked and all this.
605
00:32:47,751 --> 00:32:51,801
So what, what is the, the goal in, in
five years, for example, where, where do
606
00:32:51,801 --> 00:32:54,021
you see the club in the five year mark?
607
00:32:54,341 --> 00:32:54,931
Oh man.
608
00:32:54,931 --> 00:32:59,761
Yeah, in five years, I think we
definitely have to be in Champions League.
609
00:32:59,771 --> 00:33:02,871
Like in my mind, you know, like people
around me like, oh, you're too ambitious.
610
00:33:02,871 --> 00:33:06,031
I'm like, man, yeah, like in
five years, we definitely have
611
00:33:06,031 --> 00:33:07,011
to be in Champions League.
612
00:33:07,071 --> 00:33:08,791
Uh, that's, that's my personal goal.
613
00:33:09,201 --> 00:33:11,771
On our internal Slack, I have
the Champions League icon there.
614
00:33:11,771 --> 00:33:12,831
That's why I'm there, right?
615
00:33:13,251 --> 00:33:16,171
Um, so, uh, it's a lot of hard work.
616
00:33:16,211 --> 00:33:17,761
Like, it's really a lot of hard work.
617
00:33:18,311 --> 00:33:21,911
And it's also not completely dependent
on me and my work, to be fair.
618
00:33:21,911 --> 00:33:23,861
Like, because, at all.
619
00:33:24,131 --> 00:33:28,051
I mean, really, like, uh, I mean, at
the end of the day, the most important
620
00:33:28,051 --> 00:33:30,281
part is the sports department, right?
621
00:33:30,621 --> 00:33:31,411
Uh, in the club.
622
00:33:31,461 --> 00:33:34,171
Um, so that has to continue going well.
623
00:33:34,481 --> 00:33:39,506
But, but I think We're going in a good
direction there too, because we have the,
624
00:33:40,096 --> 00:33:42,096
they're the long term view as well, right.
625
00:33:42,096 --> 00:33:46,896
We have our academy internally, which
is, yeah, it's one of the best academies.
626
00:33:47,446 --> 00:33:50,676
It's the best really academy in terms
of infrastructure in the country.
627
00:33:50,986 --> 00:33:56,036
That's why we're also can't afford
to think of this Bitcoin Cup
628
00:33:56,036 --> 00:33:59,576
tournament, because we have the
infrastructure, we have like a
629
00:33:59,576 --> 00:34:02,486
super cool stadium, that's crazy.
630
00:34:02,496 --> 00:34:05,776
If we can, if we can do a final
for, for such a tournament there.
631
00:34:06,761 --> 00:34:12,071
Um, so, so we have all the things in place
in terms of In terms of assets, I would
632
00:34:12,071 --> 00:34:15,691
say, uh, it's just a lot of moving parts.
633
00:34:15,946 --> 00:34:18,736
a lot of work, consistency,
and a bit of luck.
634
00:34:18,796 --> 00:34:22,346
Always it comes, you know, when, when it
comes to, when it comes to football and
635
00:34:22,346 --> 00:34:26,446
sports, but, but five years from now, I
want us to be in the champions league.
636
00:34:26,466 --> 00:34:33,486
I want us to be the absolute, you know,
international professional level, uh,
637
00:34:33,496 --> 00:34:36,286
Bitcoin level, Bitcoin sports club.
638
00:34:37,190 --> 00:34:42,960
and, uh, and I want for this tournament
that I start to be like a, like, like
639
00:34:43,210 --> 00:34:45,100
to have the fourth edition by then.
640
00:34:45,590 --> 00:34:51,270
Uh, and, and I want to have clubs,
but five years is a lot of time, you
641
00:34:51,270 --> 00:34:55,060
know, as you say, like, I also want to
have other clubs following us by then.
642
00:34:55,060 --> 00:34:59,240
I think that's absolutely,
absolutely is going to be doable.
643
00:34:59,450 --> 00:35:02,630
What, what are the, what are the
tax laws around Bitcoin in Bulgaria?
644
00:35:02,630 --> 00:35:05,250
Like what, are there any issues there?
645
00:35:05,250 --> 00:35:07,470
Or like what, is it easy enough,
646
00:35:07,615 --> 00:35:08,295
It's kind of okay.
647
00:35:08,405 --> 00:35:10,435
Uh, it's kind of okay.
648
00:35:10,435 --> 00:35:15,165
So if you just buy Bitcoin and hold it,
like you don't, uh, you don't, uh, incur
649
00:35:15,165 --> 00:35:20,935
taxes, uh, until you sell it, if you
accept Bitcoin for payments, um, and if
650
00:35:20,935 --> 00:35:24,425
you don't sell it, you can just, uh, keep
it as inventory on your balance sheet.
651
00:35:24,425 --> 00:35:25,655
So again, no,
652
00:35:25,980 --> 00:35:28,650
but there's a capital gains tax
or something if you sell it.
653
00:35:28,655 --> 00:35:29,390
Yeah, yeah, yeah.
654
00:35:29,390 --> 00:35:29,810
Alright.
655
00:35:29,895 --> 00:35:30,775
10%.
656
00:35:30,785 --> 00:35:32,255
So it's, it's, uh,
657
00:35:32,560 --> 00:35:33,010
Pretty good.
658
00:35:33,454 --> 00:35:35,204
Yeah, I mean, it's not like El Salvador.
659
00:35:35,224 --> 00:35:35,674
Okay.
660
00:35:35,744 --> 00:35:39,854
Uh, but, but it's, uh, it's, it's
way better than many other places.
661
00:35:39,884 --> 00:35:45,164
Um, and, uh, yeah, so we've been looking,
looking actually, so I was in El Salvador
662
00:35:45,164 --> 00:35:49,524
a couple of months ago, because we've
been looking very much to do stuff there.
663
00:35:49,534 --> 00:35:52,494
And we've been, uh, yeah.
664
00:35:52,594 --> 00:35:56,464
Um, because we've been, we've
been thinking of what to do
665
00:35:56,464 --> 00:35:57,434
more with Bitcoin, right?
666
00:35:57,494 --> 00:35:59,964
So that's why I said, like, it's not
just about buying and accepting Bitcoin.
667
00:36:00,264 --> 00:36:02,604
It's about corporate strategies,
about branding strategies,
668
00:36:02,604 --> 00:36:03,294
about how to make money.
669
00:36:03,494 --> 00:36:05,814
Um, it's about education strategies.
670
00:36:05,834 --> 00:36:07,004
It's, there's so much around it.
671
00:36:07,284 --> 00:36:10,544
So in terms of corporate strategy,
I was, uh, we're very attracted
672
00:36:10,584 --> 00:36:15,754
by El Salvador, um, and their, uh,
capital markets regulation, because
673
00:36:15,764 --> 00:36:18,794
they're basically striving to build
capital markets on top of Bitcoin.
674
00:36:18,834 --> 00:36:20,384
Bitcoin is legal tender there.
675
00:36:20,604 --> 00:36:27,397
They have all kinds of, tax incentives for
companies to issue debt or to sell equity.
676
00:36:27,817 --> 00:36:33,117
on their capital, on their, um, well,
let's say nascent upcoming capital
677
00:36:33,117 --> 00:36:36,947
markets, because it's not like it's,
you know, hustling and bustling yet.
678
00:36:37,227 --> 00:36:43,027
Um, but, but they're, they've put a
lot of the rails, uh, um, or they're
679
00:36:43,027 --> 00:36:49,007
building a lot of the rails to, um, to
really enable the, the, the creation
680
00:36:49,007 --> 00:36:50,977
of Bitcoin based capital markets.
681
00:36:51,147 --> 00:36:53,447
So, um, we've had great talks there.
682
00:36:53,447 --> 00:36:57,117
We have meetings with, uh, um, we have.
683
00:36:57,822 --> 00:36:59,482
Yeah, with the Bitcoin office, right?
684
00:36:59,962 --> 00:37:06,372
Um, so, ideally, like, we're striving
to build some connection there and to do
685
00:37:06,372 --> 00:37:11,969
something, interesting and world first
again from a corporate perspective.
686
00:37:11,969 --> 00:37:16,503
It's just that, as many things, it's a
little harder than you would expect it
687
00:37:16,503 --> 00:37:20,153
to be, or it takes a little more time
than, Then you would hope to do it.
688
00:37:20,443 --> 00:37:23,573
But my idea or long term vision,
frankly, like what we want to do with
689
00:37:23,773 --> 00:37:28,163
Bitcoin, uh, and with the club is to
enable our current fans and global
690
00:37:28,163 --> 00:37:30,353
fans to become co owners of the club.
691
00:37:30,803 --> 00:37:35,143
And that's why, you know, I have big
hopes for, uh, for us being able to
692
00:37:35,143 --> 00:37:38,293
do this out of El Salvador and through
El Salvador, because this would, like
693
00:37:38,293 --> 00:37:43,523
from a tax perspective, from a branding
perspective, from legal security
694
00:37:43,523 --> 00:37:45,273
perspective would be, would be ideal.
695
00:37:46,168 --> 00:37:54,348
It's just that, again, um, my enthusiasm
is a little over, uh, ahead of kind of
696
00:37:54,348 --> 00:38:00,108
like how, uh, how, how advanced and set up
everything there is, but, uh, but we're,
697
00:38:00,138 --> 00:38:01,718
we're very actively talking to them.
698
00:38:01,728 --> 00:38:03,788
We're working with many parties there, so.
699
00:38:05,048 --> 00:38:07,858
Just maybe we can have big news there too.
700
00:39:13,761 --> 00:39:17,271
Well, no, and, and you actually said
something great about global fans.
701
00:39:17,271 --> 00:39:19,311
I think this is a, a
fantastic thing, right?
702
00:39:19,406 --> 00:39:22,251
A a again, Bedford is, is similar.
703
00:39:22,251 --> 00:39:25,161
They've, they've got, they've got fans
all over the world and, and I think for
704
00:39:25,161 --> 00:39:29,151
you guys it's like who is going to tune
into the Bulgarian football league outside
705
00:39:29,151 --> 00:39:32,781
of Bulgaria before, well, not too many
people, but now a bunch of Bitcoiners.
706
00:39:33,011 --> 00:39:36,611
If they're into, if they're
into football or, or not even,
707
00:39:36,611 --> 00:39:38,051
because this is the funny thing.
708
00:39:38,261 --> 00:39:40,211
There were, there were a lot
of people posting about that.
709
00:39:40,211 --> 00:39:44,081
They, they've got, they, they don't
usually follow, follow sports at all,
710
00:39:44,091 --> 00:39:46,421
but, but they'll follow the Bitcoin team.
711
00:39:46,711 --> 00:39:50,721
So the, the funny thing is, I think,
I think the first, the first club
712
00:39:50,751 --> 00:39:55,231
to adopt Bitcoin in every league is
going to get all of these global fans.
713
00:39:55,231 --> 00:39:58,471
And maybe the, maybe the, the second
one, the third one, maybe can get
714
00:39:58,471 --> 00:40:01,691
some kind of other support, but
it's really the first one in every
715
00:40:01,826 --> 00:40:02,156
really.
716
00:40:02,321 --> 00:40:02,711
That, that
717
00:40:03,616 --> 00:40:03,866
Not
718
00:40:04,061 --> 00:40:04,481
That's that.
719
00:40:04,481 --> 00:40:05,861
I, I completely agree with you there.
720
00:40:05,861 --> 00:40:07,121
It's the, it's the first one
721
00:40:07,221 --> 00:40:08,661
first mover advantage.
722
00:40:08,811 --> 00:40:09,501
mover advantage.
723
00:40:09,501 --> 00:40:12,561
It's gonna get, it is gonna get all of
the, all of the Bitcoiners are gonna
724
00:40:12,561 --> 00:40:15,411
now be, be supporting and, uh, uh, yeah.
725
00:40:15,411 --> 00:40:19,491
I mean, have, have you seen, uh, some,
some uptick in, uh, kind of international
726
00:40:19,686 --> 00:40:20,276
yeah, yeah.
727
00:40:20,586 --> 00:40:23,396
So, international but also local.
728
00:40:23,396 --> 00:40:24,396
Like, local is very important.
729
00:40:24,406 --> 00:40:27,226
Like, we have, like, so many people
in the country who's like, just what
730
00:40:27,226 --> 00:40:31,546
you say, like, I didn't care about
sports or football, like, forever, or
731
00:40:31,986 --> 00:40:37,056
at all, ever, but now I follow, now I
buy merch, now I come, you know, every
732
00:40:37,056 --> 00:40:38,626
now and then they come to games, so
733
00:40:39,146 --> 00:40:44,196
Well, because there's the bread and
circuses thing that you said, it gets
734
00:40:44,196 --> 00:40:49,526
tossed around in the Bitcoin world and
also some other places on kind of the
735
00:40:49,526 --> 00:40:54,026
Twitter sphere and whatever, it's like
it's a distraction, that sports is
736
00:40:54,026 --> 00:40:58,646
sort of a distraction from clown world
basically and it's a way of people to
737
00:40:58,656 --> 00:41:01,906
sort of Uh, forget about what's going
on around them, but I think that's
738
00:41:01,906 --> 00:41:05,746
also missing the, the positives, which
it, it's a, it's a community builder,
739
00:41:05,746 --> 00:41:09,446
it brings people together, there's a,
there's a sense of, of pride in, in
740
00:41:09,496 --> 00:41:13,096
something local succeeding, everyone,
everyone's happy, there's, there's real
741
00:41:13,096 --> 00:41:17,456
economic, uh, effects usually when a,
when a local sports team wins, and so,
742
00:41:17,696 --> 00:41:21,436
so from, from my perspective, I, I, I
think, I think sport is a good thing,
743
00:41:21,436 --> 00:41:24,756
and it's, and it's, it's something that,
that people can rally around, and so,
744
00:41:24,871 --> 00:41:25,581
an amazing thing.
745
00:41:26,011 --> 00:41:26,341
Yeah.
746
00:41:26,341 --> 00:41:29,131
And, and so what, what are,
what are you looking at locally?
747
00:41:29,131 --> 00:41:33,031
Like what, what do you hope to have
the effect, uh, uh, locally in, in piv?
748
00:41:33,623 --> 00:41:33,693
Yeah.
749
00:41:33,703 --> 00:41:40,233
Um, yeah, no, look, uh, for me, sports,
like, for us, the, the, the, the,
750
00:41:40,243 --> 00:41:45,283
about Plovdiv, for me, that's what
I realized, like, we're kind of very
751
00:41:45,283 --> 00:41:48,543
much into Bitcoin and stuff, obviously,
that's our interest, but I think when
752
00:41:48,543 --> 00:41:51,528
we go on a Bitcoin standard, Right.
753
00:41:51,628 --> 00:41:58,598
And, uh, in general, people
start feeling wealthier, opposed
754
00:41:58,598 --> 00:42:00,508
to, like, being in the grind.
755
00:42:01,088 --> 00:42:04,088
You're just going to have more
time for fun stuff, right?
756
00:42:04,348 --> 00:42:08,498
Like playing football, I mean, or
volleyball, or whatever your sport is, or,
757
00:42:08,728 --> 00:42:12,218
like, going and cheering your team, and,
uh, and being part of such a community.
758
00:42:12,508 --> 00:42:15,168
And I think that's really what,
you know, even Nostr is about.
759
00:42:15,178 --> 00:42:19,298
Like it's, Being part of these
communities, because that's
760
00:42:19,298 --> 00:42:21,678
fun, and like, we as humans,
at the end of the day, we are
761
00:42:24,188 --> 00:42:26,038
living to be part of communities, right?
762
00:42:26,308 --> 00:42:30,008
And you find your community, you're
an active part of it, you contribute
763
00:42:30,008 --> 00:42:32,518
to it, you evolve it, right?
764
00:42:32,558 --> 00:42:34,108
You build it in one way or another.
765
00:42:34,548 --> 00:42:40,333
And unfortunately, you know, today in the
fiat world, this is just like A stress
766
00:42:40,333 --> 00:42:43,633
valve in many ways, or like you say,
like Brothers and Sisters, whatever.
767
00:42:44,063 --> 00:42:47,103
Um, but, uh, but I think it
can be so much more, right?
768
00:42:47,163 --> 00:42:50,003
It is, but it can be so much
more for a larger amount of
769
00:42:50,013 --> 00:42:51,063
people and so on and so forth.
770
00:42:52,523 --> 00:42:56,493
uh, but yeah, well, back in Plovdiv,
man, like, I have big hopes.
771
00:42:56,523 --> 00:42:59,093
I really have big, big ambitions there.
772
00:42:59,203 --> 00:43:05,633
I want to get Bitcoin into the wallets of,
uh, of like tens of thousands of people.
773
00:43:05,663 --> 00:43:06,883
I want people to wake up.
774
00:43:06,883 --> 00:43:07,843
I want people to see.
775
00:43:07,973 --> 00:43:08,783
big is piv?
776
00:43:08,783 --> 00:43:09,023
How many
777
00:43:09,133 --> 00:43:11,383
It's like three, four
hundred thousand people.
778
00:43:11,403 --> 00:43:12,233
So it's a lot.
779
00:43:12,353 --> 00:43:16,803
Uh, our stadium is, uh,
21, 000 seats stadium.
780
00:43:17,243 --> 00:43:17,703
I'm kidding.
781
00:43:17,703 --> 00:43:18,083
I'm kidding.
782
00:43:18,083 --> 00:43:19,003
It's, it's 19.
783
00:43:19,123 --> 00:43:20,183
I wish it was 21.
784
00:43:20,373 --> 00:43:20,523
Yeah.
785
00:43:20,523 --> 00:43:21,693
You'll have to add 2000 more
786
00:43:21,813 --> 00:43:24,783
Maybe, yeah, we'll, we'll think
of some additional construction.
787
00:43:24,933 --> 00:43:26,553
the, make the infinity stand when
788
00:43:26,598 --> 00:43:26,888
Right.
789
00:43:27,748 --> 00:43:27,930
Right.
790
00:43:28,538 --> 00:43:31,068
But, uh, but yeah, like
the setting was super cool.
791
00:43:31,078 --> 00:43:32,088
Like, it's really cool.
792
00:43:32,088 --> 00:43:34,478
Like when it's feel like, man,
the atmosphere is amazing.
793
00:43:34,948 --> 00:43:40,128
Um, and so it's, and it's really
this community that you can
794
00:43:40,128 --> 00:43:41,018
feel that people are involved.
795
00:43:41,038 --> 00:43:45,808
So it's, it's like consistency
and it's social engineering
796
00:43:45,868 --> 00:43:47,288
in one way or another, right?
797
00:43:48,588 --> 00:43:49,888
one of our favorite words,
798
00:43:51,108 --> 00:43:52,168
but in a positive way.
799
00:43:52,348 --> 00:43:53,548
in a positive way, okay.
800
00:43:54,393 --> 00:43:59,783
So it's social engineering for us
to ingrain Bitcoin and make it part
801
00:43:59,783 --> 00:44:05,543
of kind of what people see, do,
have, own, interact with, right?
802
00:44:05,903 --> 00:44:09,873
So, uh, I think exactly because of this
community element, exactly because,
803
00:44:10,268 --> 00:44:14,688
Because, you know, football is a
football club and there's this unique
804
00:44:14,698 --> 00:44:18,768
living organism we can, we can create
this and, you know, it's fascinating.
805
00:44:18,958 --> 00:44:22,018
I'm so much into this and there's
other people who are so much into this.
806
00:44:22,018 --> 00:44:23,858
Oh my god, like, we can
make such a big difference.
807
00:44:24,108 --> 00:44:25,508
And, and like in the country.
808
00:44:26,263 --> 00:44:29,592
You know, on a political and
economic level, they don't get it.
809
00:44:29,702 --> 00:44:30,682
Like, they don't see it.
810
00:44:31,012 --> 00:44:35,772
They just are in their, you know, like,
oh, are we going to accept the euro?
811
00:44:36,232 --> 00:44:38,192
Oh, what's happening with the war?
812
00:44:38,222 --> 00:44:39,352
I'm like, who cares?
813
00:44:39,352 --> 00:44:40,072
Let's build.
814
00:44:40,627 --> 00:44:44,587
Yeah, Bulgaria has its own shitcoin,
I almost forgot about that,
815
00:44:44,617 --> 00:44:46,317
but uh, what's it called again?
816
00:44:46,492 --> 00:44:46,902
Kinda.
817
00:44:47,122 --> 00:44:49,142
Um, but not quite, to be fair.
818
00:44:49,152 --> 00:44:53,412
It's, it's a good coin, uh, not
for investing, but, but for medium
819
00:44:53,412 --> 00:44:54,552
of exchange is actually decent.
820
00:44:54,622 --> 00:44:55,812
Uh, Lev, Lev
821
00:44:55,927 --> 00:44:57,051
Lev, yeah, yeah, yeah.
822
00:44:57,322 --> 00:44:57,612
Yeah,
823
00:44:57,957 --> 00:45:01,307
But, um, and I recently
got educated about this.
824
00:45:01,307 --> 00:45:03,957
So, uh, the lev is pegged to the euro.
825
00:45:04,717 --> 00:45:09,817
So, um, uh, so, so that, that is
super cool for, for us, like for
826
00:45:09,827 --> 00:45:13,677
me as a consumer, for businesses,
because like you have the fixed rate.
827
00:45:13,677 --> 00:45:18,012
So for trade is, um,
It's, it's good, right?
828
00:45:18,422 --> 00:45:19,692
As the world would be in the future.
829
00:45:19,692 --> 00:45:22,002
You have one currency, Bitcoin,
like you don't have the
830
00:45:22,802 --> 00:45:24,062
currency exchange risk, right?
831
00:45:24,162 --> 00:45:25,952
We don't have it only
with the European Union.
832
00:45:26,182 --> 00:45:30,642
And the good part with this, so, we
got, we got hyperinflation back in 1997.
833
00:45:32,342 --> 00:45:33,152
Was really bad.
834
00:45:33,312 --> 00:45:36,342
People lost almost everything,
everything, in many cases.
835
00:45:36,782 --> 00:45:42,352
Um, and then we got this so called
currency board introduced and the
836
00:45:42,352 --> 00:45:46,142
currency board is like we have
the left, but the left has to be
837
00:45:46,152 --> 00:45:48,382
backed up by other currencies.
838
00:45:48,392 --> 00:45:53,432
So it's like a stable coin, kind of like
how Tether is backed by, by dollars.
839
00:45:53,622 --> 00:45:57,532
You know, the levy is backed by euro
and like a basket of, I think they have
840
00:45:57,532 --> 00:46:02,932
some other currencies and assets, which
is cool because the local politicians,
841
00:46:03,002 --> 00:46:07,462
they cannot print, they cannot, you
know, so, so it's been, it's been,
842
00:46:07,502 --> 00:46:14,672
I think, way better than Hungary,
Sweden, uh, Finland, you have your, oh
843
00:46:14,707 --> 00:46:16,537
but Sweden I've heard it's kind of bad,
844
00:46:16,827 --> 00:46:20,577
It's kinda bad, Norway too, like,
both Swedish and Norwegian crown,
845
00:46:20,647 --> 00:46:26,917
and the crown in Czechia, like
the Czech Republic, it's also
846
00:46:27,067 --> 00:46:27,487
Yeah.
847
00:46:27,837 --> 00:46:29,707
I mean, they're all
going to shit the smaller
848
00:46:29,967 --> 00:46:34,247
So, so for us, it's like, I would say
we're better than, than the Corona,
849
00:46:34,287 --> 00:46:38,187
the, and, and all these like local
currencies, because we kind of just
850
00:46:38,507 --> 00:46:40,447
are there to the, peg to the Euro.
851
00:46:40,687 --> 00:46:43,237
The local politicians don't
have the opportunity to print.
852
00:46:43,237 --> 00:46:45,967
So it's, it's a very good
position for us to be.
853
00:46:46,087 --> 00:46:48,712
You, you get the, the
negatives of the, the euro.
854
00:46:48,712 --> 00:46:52,852
But, but still, I mean, I mean the, the
realistically, the dollar at the Euro
855
00:46:52,852 --> 00:46:57,772
and maybe the, the Chinese currency are
the only, are the only ones that are
856
00:46:58,012 --> 00:47:02,662
in the, sort of within our own, within
our own lifetimes are, are going to be
857
00:47:02,842 --> 00:47:05,392
not as terribly bad against Bitcoin.
858
00:47:05,392 --> 00:47:06,712
But all the other ones are just, are.
859
00:47:06,742 --> 00:47:07,402
All the other ones are
860
00:47:07,547 --> 00:47:10,307
Yeah, I think it's just a matter
of time before both, uh, at least
861
00:47:10,317 --> 00:47:12,787
Sweden, uh, switches to Euro standard.
862
00:47:13,307 --> 00:47:17,457
If not switching to Bitcoin
standard happens first, but well,
863
00:47:18,437 --> 00:47:19,867
we'll see, we'll see what happens.
864
00:47:19,867 --> 00:47:20,087
man.
865
00:47:20,087 --> 00:47:21,437
I'm very bearish about the Euro.
866
00:47:22,367 --> 00:47:24,147
yeah, yeah, it's like,
867
00:47:25,187 --> 00:47:29,607
It'll be the second last to fall or third
last but but yeah it's it's it's it's not
868
00:47:29,627 --> 00:47:31,867
going to be the the last and so it's yeah.
869
00:47:32,917 --> 00:47:34,307
So that is what it is.
870
00:47:34,497 --> 00:47:38,907
I mean, speaking of Bulgaria and
currencies and stuff, like, how
871
00:47:38,907 --> 00:47:42,967
is the rest of, how is Bitcoin
adoption in general in Bulgaria?
872
00:47:42,967 --> 00:47:44,377
What's happening in other places?
873
00:47:44,397 --> 00:47:48,857
Like, Plamen opened a bar, I saw,
and like, what are the connections?
874
00:47:49,057 --> 00:47:49,717
What's happening?
875
00:47:50,207 --> 00:47:51,497
It's actually quite cool.
876
00:47:51,537 --> 00:47:55,797
I'm, I'm, I'm quite happy with,
with how the ecosystem is evolving.
877
00:47:55,807 --> 00:48:01,517
There's, there's Plamen, um, with his
whole community, like content creation,
878
00:48:01,517 --> 00:48:06,347
the conferences he's been doing, which has
been like a very, I think he's responsible
879
00:48:06,347 --> 00:48:12,087
for like, I don't know, probably like,
000, maybe several 10, 000s of people who
880
00:48:12,087 --> 00:48:16,107
have opened their eyes and even if they're
not hard bitcoiners, they now own bitcoin.
881
00:48:16,217 --> 00:48:18,117
Uh, so that's huge.
882
00:48:18,467 --> 00:48:22,207
We have other content creators
also who've had an impact.
883
00:48:22,597 --> 00:48:28,787
We have now once or twice per, yeah, about
twice per year we have like, uh, A small,
884
00:48:28,877 --> 00:48:32,927
uh, merchant, uh, like, conference events,
so for merchants to accept Bitcoin.
885
00:48:33,778 --> 00:48:36,103
we have these people who are
active and who are doing things.
886
00:48:36,103 --> 00:48:39,553
Now, actually, yeah, there's something
new that's coming up here, uh, literally
887
00:48:39,553 --> 00:48:46,713
in Plovdiv is we have this, um, this, uh,
great dudes who have this, um, um, it's
888
00:48:46,713 --> 00:48:51,403
an application for, uh, ordering food,
like takeaway and, uh, what is it, like,
889
00:48:51,503 --> 00:48:52,383
like Glovo or
890
00:48:52,443 --> 00:48:57,348
yeah, yeah, like Glovo, um, but, um,
but, um, But it's not like this big
891
00:48:57,368 --> 00:49:00,678
corporate thing that, but, but still,
it's a very good product and they've
892
00:49:00,678 --> 00:49:04,658
integrated accepting Bitcoin there for
quite some time now they've made it
893
00:49:04,658 --> 00:49:06,108
even easier and they've introduced.
894
00:49:06,108 --> 00:49:10,468
So we have like about, I think it's
15 restaurants in Sofia and like
895
00:49:10,478 --> 00:49:16,753
five or so in Plovdiv where through
their system, you can order food.
896
00:49:17,053 --> 00:49:22,083
And pay with Bitcoin online, or you can
also go in the restaurant and pay in
897
00:49:22,083 --> 00:49:27,743
Bitcoin online, and they just, um, they
just won a, uh, grant from, uh, Bitcoin
898
00:49:27,753 --> 00:49:35,063
Beach, uh, and, uh, they're going to use
the grant, uh, to, well, the attempt is
899
00:49:35,063 --> 00:49:39,483
really to start like a small circular
economy, if you would Um, where, so if you
900
00:49:39,483 --> 00:49:43,813
go, uh, to one of those restaurants and
pay with Bitcoin, you're going to get sats
901
00:49:43,833 --> 00:49:48,553
back 10%, and then, um, the restaurant is
also going to get 10 percent sats back.
902
00:49:49,033 --> 00:49:53,773
And if you order food, um, through
their app, also the driver is
903
00:49:53,773 --> 00:49:55,763
going to get, uh, some sats back.
904
00:49:56,273 --> 00:49:59,353
And, uh, we've just been discussing,
because obviously we're partnering
905
00:49:59,753 --> 00:50:03,023
with them, with the football club, so
we'll push this out, because some of
906
00:50:03,023 --> 00:50:07,113
the restaurants that are there are our,
I mean, basically, like, we have two
907
00:50:07,113 --> 00:50:10,133
restaurants locally that are partners,
we got them in, right, obviously, in the
908
00:50:10,133 --> 00:50:15,588
deal, um, So, so that is also like, for
me, it's like super cool because now for
909
00:50:15,588 --> 00:50:17,208
so far, the club has been pushing Bitcoin.
910
00:50:17,468 --> 00:50:22,738
Now we have two of our restaurant partners
who are themselves like hard Botevists,
911
00:50:23,148 --> 00:50:25,188
Botefans, and like they're popular.
912
00:50:25,458 --> 00:50:28,518
Now they're starting to accept Bitcoin in
their, in their two restaurants, right?
913
00:50:28,518 --> 00:50:30,278
And they're going to have their campaigns.
914
00:50:30,278 --> 00:50:31,258
We're going to push them more.
915
00:50:31,678 --> 00:50:37,438
So, um, so I'm really excited about
this and fingers crossed this goes well.
916
00:50:37,438 --> 00:50:40,638
We have good metrics because
if we have good metrics.
917
00:50:41,908 --> 00:50:44,168
Yeah, we'll look for ways to grow this.
918
00:50:44,168 --> 00:50:47,158
So there's a lot of grassroots
things happening, which I love.
919
00:50:47,388 --> 00:50:48,808
On the top, nothing.
920
00:50:49,513 --> 00:50:50,603
It's the way it's supposed to be.
921
00:50:50,958 --> 00:50:51,768
But it's the way it is.
922
00:50:51,768 --> 00:50:52,408
Yeah, it's a better
923
00:50:52,733 --> 00:50:56,553
Yeah it really seems like that you
get one or two of these big anchors
924
00:50:56,553 --> 00:50:59,713
like like for example you you guys
have had that had that conference for
925
00:50:59,713 --> 00:51:03,493
the last couple of years but now with
both of Plavdev now Bulgaria is like
926
00:51:03,493 --> 00:51:05,243
really got a couple of big anchors.
927
00:51:05,483 --> 00:51:09,143
Big relative in relative terms,
uh, and all of this other stuff
928
00:51:09,143 --> 00:51:11,003
can, can start coming up around it.
929
00:51:11,003 --> 00:51:12,323
And, uh, love, love to see it.
930
00:51:12,323 --> 00:51:15,413
I mean, he, I mean here, here with
Rega, there's Honey Budger has been
931
00:51:15,413 --> 00:51:18,893
going for a really long time, and I,
and I even think that they are honest
932
00:51:18,893 --> 00:51:22,883
about, we, we would, we just talked to,
to Max, uh, about this, uh, from Defi
933
00:51:22,883 --> 00:51:27,833
and like yeah, there's not much other
adoption in, in Lavia and this conference
934
00:51:27,833 --> 00:51:29,213
has been going on for a long time.
935
00:51:29,713 --> 00:51:30,203
Exactly.
936
00:51:30,203 --> 00:51:34,833
And so it's just like, uh, it's, it's,
it's great to see, uh, in, in your
937
00:51:34,833 --> 00:51:38,133
case, in Bulgaria's case, that there's,
there's more of this, uh, picking up.
938
00:51:38,143 --> 00:51:38,973
So, yeah,
939
00:51:39,378 --> 00:51:45,288
Well, I think it's really, um, in
our case, I don't know, like it's
940
00:51:45,378 --> 00:51:49,148
grassroots, like I said, and I
really believe grassroots and then
941
00:51:49,358 --> 00:51:53,978
Rio or for the vast majority, Rio
adoption comes permissionless life.
942
00:51:54,008 --> 00:51:55,648
It comes like it's not forced.
943
00:51:56,358 --> 00:52:00,448
You know, there is this point where,
okay, there's Plamen, like, he got
944
00:52:00,448 --> 00:52:04,298
the inspiration, he makes his content,
he does the conferences, right?
945
00:52:05,278 --> 00:52:09,178
Like, our owner, he sees this
opportunity for Bitcoin, for the club.
946
00:52:09,863 --> 00:52:11,143
He takes the action, right?
947
00:52:11,473 --> 00:52:14,403
So it's, it's not like, so
it's individuals, right?
948
00:52:14,583 --> 00:52:19,393
Taking actions and then, as you have,
you know, several of them, maybe others
949
00:52:19,393 --> 00:52:24,373
get inspired or get their ideas going
and that's how the magic happens.
950
00:52:25,793 --> 00:52:27,143
And, uh, yeah.
951
00:52:28,383 --> 00:52:29,003
Excited about it.
952
00:52:29,823 --> 00:52:30,713
it's awesome, man.
953
00:52:30,733 --> 00:52:31,743
Great to hear your story.
954
00:52:31,843 --> 00:52:35,333
So, was, uh, was there anything
else that you wanted to discuss
955
00:52:35,333 --> 00:52:36,753
or bring up on this topic?
956
00:52:37,506 --> 00:52:43,191
no, I mean, what I would say is
absolutely, uh, Please, uh, you know,
957
00:52:43,391 --> 00:52:47,551
Knut, you've been, but please, you're
absolutely welcome, Luke, join as
958
00:52:47,551 --> 00:52:48,731
well, like, both of you should come
959
00:52:49,561 --> 00:52:50,071
Absolutely.
960
00:52:50,541 --> 00:52:51,661
Highly recommend it.
961
00:52:51,661 --> 00:52:56,001
I had a great time in Bulgaria, and it's
such a fascinating country, it's such a
962
00:52:56,011 --> 00:53:01,231
rich history and such a beautiful place,
and the food is great, and it's very
963
00:53:01,231 --> 00:53:04,471
affordable, uh, it's very, yeah, very
964
00:53:04,541 --> 00:53:08,001
like, I have people who come in
Plogis specifically to, like, nomads,
965
00:53:08,201 --> 00:53:10,221
spend, like, a week or a month.
966
00:53:11,071 --> 00:53:13,221
So, so please enjoy, visit the game.
967
00:53:13,716 --> 00:53:19,306
Um, come spend in the restaurants where
they accept Bitcoin, uh, follow us on
968
00:53:19,306 --> 00:53:21,786
social media for sure, so, X and Nostr,
969
00:53:21,976 --> 00:53:23,476
Yes, all the details, please.
970
00:53:23,596 --> 00:53:28,076
And also like one of the eras,
uh, infamous eras of Bulgaria
971
00:53:28,076 --> 00:53:29,336
is the commie era, right?
972
00:53:29,366 --> 00:53:34,266
Where you can see the impact that system
had on the country and how horrid it is.
973
00:53:34,826 --> 00:53:41,306
Uh, so it's, it's, uh, that might not
be a good pitch for, uh, but, but that's
974
00:53:41,546 --> 00:53:43,816
Let him, let him share
his social medias, Knut.
975
00:53:44,736 --> 00:53:46,296
wait, do you have, do you have something
976
00:53:46,466 --> 00:53:51,011
no, no, I think like the, The point
I was getting to is, if you get to
977
00:53:51,011 --> 00:53:56,191
Bulgaria, don't only go to Sofia, go
around the rest of the country, because
978
00:53:56,191 --> 00:54:01,911
it's not as raped as that town was
by, as that city was by communism, you
979
00:54:01,944 --> 00:54:03,771
have all this concrete, yeah, yeah,
980
00:54:03,976 --> 00:54:04,216
yeah, the,
981
00:54:04,261 --> 00:54:05,711
you can really see the impact there.
982
00:54:05,931 --> 00:54:10,731
I'm not, um, yeah, this came out
totally wrong, but I'm trying to, I'm
983
00:54:10,731 --> 00:54:16,586
trying to, To hype Bulgaria here, but
also there's a historical lesson to
984
00:54:16,586 --> 00:54:18,156
be learned in the country, for sure,
985
00:54:18,241 --> 00:54:18,431
sure.
986
00:54:18,441 --> 00:54:21,281
It's really like, there's so
many different things there.
987
00:54:21,281 --> 00:54:24,871
So there's the communist part, there's
like fucking amazing nature, there's like
988
00:54:24,986 --> 00:54:26,316
is everything, yeah.
989
00:54:26,501 --> 00:54:29,761
if you're into hiking, there's like,
just like from Sofia, what I love
990
00:54:29,761 --> 00:54:33,111
about Sofia, like just last week,
twice, end of the day, I'm like
991
00:54:33,311 --> 00:54:34,921
fucked up, like tired of computer.
992
00:54:35,511 --> 00:54:40,921
40 minutes up and I'm up in the mountains,
hiking, uh, in like 2000 meters altitude.
993
00:54:41,551 --> 00:54:45,941
Uh, so, so there's all these like
super cool things, but on the socials,
994
00:54:46,591 --> 00:54:48,521
uh, so yeah, we're on Twitter.
995
00:54:49,011 --> 00:54:54,511
Uh, we're on Nostr, uh, so Twitter
is, um, botif underscore, uh, en,
996
00:54:54,971 --> 00:54:58,061
on Nostr, uh, we are just botif.
997
00:54:58,111 --> 00:54:59,281
Yeah, you can find us.
998
00:54:59,426 --> 00:55:00,436
going to say you're NPUB?
999
00:55:00,826 --> 00:55:01,146
No, no, no,
1000
00:55:01,211 --> 00:55:02,631
I'm still learning it, okay?
1001
00:55:02,711 --> 00:55:06,141
we'll post, you're still learning,
we'll post all the details in the show
1002
00:55:06,421 --> 00:55:06,721
Yes.
1003
00:55:06,781 --> 00:55:07,091
Yes.
1004
00:55:07,141 --> 00:55:08,981
And feel free to also
check out our website.
1005
00:55:08,981 --> 00:55:13,651
We have, due to our El Salvadorian,
um, kind of project, we already
1006
00:55:13,651 --> 00:55:17,401
have a Salvadorian website, which
is very easy to remember, botif.
1007
00:55:17,461 --> 00:55:18,011
sv.
1008
00:55:18,741 --> 00:55:22,021
So you can go there and from there you'll
find all the links and information.
1009
00:55:22,456 --> 00:55:23,676
Absolutely fantastic.
1010
00:55:23,956 --> 00:55:24,496
Great!
1011
00:55:24,906 --> 00:55:26,396
Get the inverse of Clown World.
1012
00:55:28,026 --> 00:55:28,936
This is a shill.
1013
00:55:28,936 --> 00:55:31,956
BitcoinInfinityStore.
1014
00:55:31,956 --> 00:55:34,906
com And thank you very much for coming on,
1015
00:55:34,921 --> 00:55:35,611
was great having
1016
00:55:35,626 --> 00:55:36,641
Great to have you here.
1017
00:55:36,806 --> 00:55:38,286
George, thanks so much.
1018
00:55:39,136 --> 00:55:40,736
This has been the Bitcoin Infinity Show.
1019
00:55:40,896 --> 00:55:41,796
Thank you for listening.