Episode Transcript
[00:00:00] Out of cycle.
[00:00:03] Yar. Maybe they be pirates, a lot of them. CryptoTalk FM. My name is Leister. I'm your host. An interesting intro. The.
[00:00:11] I had to. Because I, I think people, I get the term, they're not wrong. But I want to level set. There's something spinning around all over. And allegedly there's some strength to this argument. This is what I was told separately, but some people are claiming that there's a, quote, black flag operation going on. A black flag operation.
[00:00:36] The term is not common. The other name for it is a false flag operation. A false flag operation is more appropriate to what the modern people would think about what's going on.
[00:00:47] Spinning around. Bitcoin.
[00:00:49] First, let's define that, right? A false flag or block black flag. What's happening?
[00:00:55] Put very simply, a false flag. And this mostly goes to conspiracy theories, but the way it's being used, a false flag operation is where someone or someones plural are doing something, but it's actually somebody else behind it pushing them to do it.
[00:01:14] And it's designed to deflect away from that other person and what they're doing.
[00:01:19] So consider a simple generic example because it's, it's. I think it's important to understand it before I tell you what's going on. So let's assume that just out in your neighborhood, somebody is out there in the middle of the street and they're yelling that somebody's getting, you know, attacked over in an aisle or something else. And somebody else is saying all these attacks are starting to skyrocket. We're starting to see more violence. We got to get the police engaged. This is a big problem. It's starting to get worse and worse and worse. Right. And so you assume that the people who are doing this have the best of intentions and that they're trying to improve the safety of the neighborhood. That's their motivation.
[00:01:56] The truth is, behind the scenes, there actually is. There are assaults, but the assaults have nothing to do with what's being screened. These people are just simply pointing at the assaults and using it to distract you from the fact that there's corruption, let's say, in the government. That's a false flag deal. It's. It's designed to use an opportune situation to distract you from the truth about what's going on. Now, this whole bitcoin thing, the reason that they're claiming there's a false flag is because of an unrealistic increase in the amount of hype and shill coming from various YouTubers, primarily around Bitcoin.
[00:02:35] I told, I talked about this in a couple episodes where it's like people talking about it's going to go to a million dollars and just unrealistic numbers. Not to suggest that it won't go that high, but the numbers are just outrageous in some cases the timing is crazy. And I said, well, it's kind of weird. It's wavering between a hundred thousand and one hundred twenty and not going anywhere.
[00:02:56] What's happening and is there some suppression going on where somebody's trying to keep the price down, perhaps avoid liquidation activities? There's all sorts of theories about why this is happening. All of a sudden, why is Da Vinci. Jeremy, he just released a video and I again, I'm, I'm pretty sure something's wrong with him physically because he didn't seem right and he seemed off. He wasn't his normal. What I would you be used to at all. But he was adamant. You need to get some, just get some bitcoin, just buy some like and guess, right? I get it way back. And he told people, I told you I got it. But this was just out of left field. Like we're not talking something where he was consistently this adamant over years.
[00:03:37] This recent one is almost desperation of you gotta get it now, you gotta get. And I've seen a lot of people do this. That's why people are saying there might be a false flag operation.
[00:03:47] Because as I said, myself and a couple of others, slim others other than myself, it almost felt like bitcoin needed to go down.
[00:03:57] From my angle, I saw that bitcoin feels like it should not. It feels like it's, it should go up, but not now. Like it felt like we had to go down first before we could go up again.
[00:04:10] Some people said 50k.
[00:04:12] I think that's deep. Like I'm, I'm like 80, you know. But the point is that some of us on the conservative side, we're expecting down.
[00:04:22] Then I saw, and I think it was bleas. Might have been, it might have been somebody else, but I think it was bleas. And they were saying, you know, I'm looking at this and we should go up, but it looks like it's about to go down. Well, geez, people listening to me for a while @Crypto Talk FM heard me say that, right? That I don't feel like we're going up. I feel like we're going down. Because again, Ethereum now is running and bitcoin's just kind of steady state.
[00:04:43] There's manipulation. It's obvious. We just don't know why or where or what. It just seems like there's some sort of strategic plan on both of these to kind of move and whether that's liquidation related or true trap, I can't say. I'm not in it. I'm saying that from my angle, bitcoin looks like it should be going down before it goes up again.
[00:05:07] I might be wrong. I'm just going off sentiment. I'm going off. There's too much hype. Like it's just too much of it. Where it almost seems like they're trying to do that in anticipation of some shorts. Like I don't know, it's, it's, it's bizarre. It is. Do I think it's a false flag?
[00:05:24] So in this case, you know, big institutions try to get a bunch of people to do that to get a bunch of people in there so they could do a major dump. Is it possible? Certainly. Right, because you could have. Because think of how much strategy has microstrategy. Michael Saylor Think how much they have. Right. And we have. You have to think that they're going to sell at some point. Like it's. There's no way they're just going to keep sitting on it. They're going to have to sell at some point. They're going to have to. So then what happens to the price because of how much they have or some of these other ones? Do they dump out for some other reason?
[00:05:52] Do I think it's a mass dump? No, but that's the false flag narrative. So either way I'm my thoughts again, I don't know that it's a false flag, but it is bizarre. The amount, the timing and the amount of shill around bitcoin right now, right here. Me, I still maintain and have maintained and if you listen to me, you've heard I'm consistent with mine. Ethereum is the key and I think it always has been. I don't think that bitcoin is the key anymore because remember that bitcoin as it stands is starting to get a little bit too centralized for its own good. You know, certain players that hold a vast majority of it and they can influence its price similar to an ftx. Like I, I'm truly looking at it like, okay, what happens if that we have another FTX event Now obviously that's good buying opportunity but that volatility is going to scare some people off and unless they're doing it to try to get rid of the volatility. Well, if that's going to happen, the profit opportunity is going to minimize and to me that would draw people to Ethereum and Alts because at that point you can't gamble anymore. People need volatility to some degree to make it worth the money. And so I think Ethereum is the key.
[00:07:06] I don't think it's a false flag, but it is bizarre the amount of hype and shill going on around bitcoin right about now, especially with DaVinci. Jeremy, it's out of this world.
