Sept. 24, 2024

Bitcoin at Botev Plovdiv with George Manolov - Bitcoin Infinity Show #127

Bitcoin at Botev Plovdiv with George Manolov - Bitcoin Infinity Show #127
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The Bitcoin Infinity Show

George Manolov is the Bitcoin Director at Botev Plovdiv, the oldest active football club in Bulgaria. George joins us to tell us about the Bitcoin projects at Botev Plovdiv, and the Bitcoin situation in Bulgaria more generally! 

Connect with George and Botev Plovdiv: 
https://primal.net/p/npub19jfsjxx7gtw2t52qepx93ek57fdstfwszct3qqwzns4zxmvsc5gswf8rx0
https://x.com/BitcoinReadyMe
https://x.com/Botev_EN
https://botev.sv/

Connect with Us:
https://www.bitcoininfinityshow.com/
https://bitcoininfinitystore.com
https://primal.net/freedom
https://primal.net/knut
https://primal.net/luke
https://twitter.com/BtcInfinityShow
https://twitter.com/knutsvanholm
https://twitter.com/lukedewolf

BITCOIN: THE INVERSE OF CLOWN WORLD IS OUT NOW! You can find it and much more at https://www.bitcoininfinitystore.com/

Thanks to our sponsors - check out their websites for info:
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The Bitcoin Infinity Show is a Bitcoin podcast hosted by Knut Svanholm and Luke de Wolf.

The Freedom Footprint Show is a Bitcoin podcast hosted by Knut Svanholm and Luke de Wolf.

In each episode, we explore everything from deep philosophy to practical tools to emit freedom dioxide to expand your freedom footprint!

Chapters

00:00 - BIS127 - George Manolov

00:12 - Welcoming George Manolov

00:54 - George Manolov and Botev Plovdiv

07:14 - Football for Noobs

10:43 - Botev Plovdiv's Bitcoin Strategy

16:18 - Aqua WAllet

18:58 - History and Freedom

21:25 - Bitcoin in Football

32:47 - 5 Year Goals

39:13 - International and Local Effects

44:40 - Bulgarian Currency Situation

47:38 - Bitcoin Adoption in Bulgaria

52:29 - Wrapping Up

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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00:07:22,578 --> 00:07:25,468
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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00:08:03,863 --> 00:08:07,053
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?

166
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yeah.

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You have to win the league.

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00:08:45,056 --> 00:08:47,816
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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00:09:22,736 --> 00:09:27,326
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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00:09:31,646 --> 00:09:35,736
Well, I am a sports fan, it's just that
Starcraft 2 is my sport, and yeah, yeah,

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00:09:35,826 --> 00:09:36,086
yeah,

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00:09:36,151 --> 00:09:36,431
eSports.

184
00:09:36,566 --> 00:09:39,836
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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00:09:44,416 --> 00:09:47,356
valid sports, I'm not going to
compare it to other things that aren't

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00:09:47,466 --> 00:09:48,196
breakdancing?

188
00:09:48,226 --> 00:09:49,096
Is that a valid sport?

189
00:09:49,276 --> 00:09:51,816
Breakdancing is, um, hmm, interesting.

190
00:09:52,956 --> 00:09:58,406
I think anything with points, that
judges give points, is kind of not

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00:09:58,406 --> 00:10:00,656
really a sport, it's an activity.

192
00:10:00,896 --> 00:10:01,226
yeah.

193
00:10:01,571 --> 00:10:02,761
but, yeah, anyway,

194
00:10:02,786 --> 00:10:03,546
thing to do.

195
00:10:04,071 --> 00:10:09,181
is a thing to do, yes, definitely, but
back to, back to, um, um, Botev Plod, is

196
00:10:09,181 --> 00:10:14,231
it Botev, Botev, what's, what's, Botev,
Botev Plod, yeah, so, so, um, yeah,

197
00:10:14,231 --> 00:10:16,931
yeah, like, the, the, the achievement,
winning, winning the cup, I mean, the,

198
00:10:17,696 --> 00:10:19,106
The cups are sort of more difficult.

199
00:10:19,436 --> 00:10:21,086
They're both difficult
in their own way, right?

200
00:10:21,086 --> 00:10:24,186
Like, the cup, you lose one game,
you're out, basically, right?

201
00:10:24,186 --> 00:10:28,556
But, I mean, the league is like this
endurance, uh, achievement, right?

202
00:10:28,556 --> 00:10:31,076
You have to perform well over
the course of the whole season.

203
00:10:31,076 --> 00:10:36,956
But the cheat code, so to say, and I
probably subconsciously used the other

204
00:10:36,956 --> 00:10:44,261
football team's terminology, who's in the
space, Real Bedford, um, The, the idea

205
00:10:44,261 --> 00:10:47,951
right, if, if I'm getting it, is that you
guys would, would keep the Bitcoin in the,

206
00:10:47,951 --> 00:10:53,101
in the, the treasury, the, the company,
and then over the course of time it's just

207
00:10:53,101 --> 00:10:57,061
gonna do the number go up thing and, and
the, the club will have more resources.

208
00:10:57,061 --> 00:10:57,241
Right.

209
00:10:57,241 --> 00:11:00,182
Is that, is that the idea you're
thinking with the, the bitcoin strategy?

210
00:11:01,401 --> 00:11:03,591
There's actually many, many things to it.

211
00:11:03,631 --> 00:11:07,351
And this is kind of the most, let's
say, vanilla type of approach.

212
00:11:07,351 --> 00:11:09,781
Yeah, like just buy Bitcoin and
hold it on the balance sheet,

213
00:11:09,811 --> 00:11:11,131
which is, which is great.

214
00:11:11,848 --> 00:11:14,378
But there's actually so many
other things you can do.

215
00:11:14,408 --> 00:11:18,543
And that's where, because if you just
do that, frankly, like, I mean, you

216
00:11:18,543 --> 00:11:20,463
don't need me involved, right, much.

217
00:11:20,463 --> 00:11:25,413
I mean, just call Coinbase, whatever, wire
the money, crack in and, you know, buy.

218
00:11:25,886 --> 00:11:31,736
but with us it's like, really, uh, we
see a huge opportunity to, first of

219
00:11:31,736 --> 00:11:34,761
all, align our brand with the Bitcoin
brand, which is a royalty free, uh,

220
00:11:37,181 --> 00:11:39,121
The biggest brand in finance, for sure.

221
00:11:39,121 --> 00:11:43,671
One, uh, like it's going to be the biggest
brand in the world for sure at some point.

222
00:11:43,701 --> 00:11:43,951
Right.

223
00:11:44,321 --> 00:11:45,571
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.