Coffee With Scott Adams — Knowledge Archive May 24, 2026
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NewsReaction Politics as Persuasion

Back to episode — Episode 2888 CWSA 07/05/25

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er countries with these demand letters. All right, your tariff will be 70%. But you had months to negotiate a better deal. Our doors were open. All you had to do was make us an offer that was more to your liking and met our requirements and we wouldn't do this. But we didn't have time. That's fine. No problem. Just pay the 70%. But that's so unfair. Yeah, really it is. But it was unfair what it wa…

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s has accepted the framework of a proposed 60-day ceasefire. But it would only involve releasing 10 living hostages. My understanding is there might be 50. I don't know how many are living. But did Trump really get Israel to agree to a deal that would not free all of the hostages? Really, that doesn't seem like something they would agree to.

So Trump must be putting a lot of pressure on Israel if they agreed to a ceasefire without getting all of the hostages back. So we'll see. I'm going to bet that this will not work out. Probably something will eventually work out, but I just don't see a ceasefire in return for 10 hostages. I just don't see that working out. We'll find out.

Well, there was a mystery that happened in the Bitcoin world yesterday. Eight dormant Bitcoin wallets — so these would be people who own Bitcoin but had never traded it or sold it or cashed it out or done anything with it. So people who had had their Bitcoin since the beginning of Bitcoin, and they never once moved any money around, but they just decided to become active. Eight of them became active after 14 years of no activity, and they moved a total of 8.6 billion dollars around in their wallets.

Now, I don't know if they moved it or cashed it, but somebody was sitting on Bitcoin for 14 years, and there were only eight accounts that were worth 8.6 billion. So on average that would be a billion dollars per account. And somebody had so much money that they didn't need it for 14 years, and they just l

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et it sit there until it was worth a billion. But I like to think — my favorite story I'll tell myself is that maybe they're stolen. Could be somebody hacked them. But wouldn't it be fun if they didn't know they had the Bitcoin and one day they just were looking through their papers and said, oh wow, yeah, I forgot I bought some Bitcoin 14 years ago. Oh, I wonder how. Oh, here's my instructions o…

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