Latest / Simply Bitcoin / Bitcoin Country: El Salvador is Winning, Fiat Elites Terrified | EP 788
Transcript
- 0:12Yo, welcome to Simply Bitcoin Live.
- 0:14We're your number one source for the peaceful Bitcoin revolution
- 0:16of color, Breaking news, culture, dramatic warfare.
- 0:18We will be your guide through the separation of money and
- 0:22state. El Salvador once again being
- 0:25attacked by the legacy corporate media machine.
- 0:28And what I want to highlight today are the double standards
- 0:30between because what they're essentially accusing El Salvador
- 0:34of is attacking democracy. They're also accusing Nambu Kale
- 0:41of being a dictator. And a lot of the things that
- 0:44they're saying are are true, right.
- 0:45El Salvador disproportionately has imprisoned a large
- 0:50percentage of their population in order to reduce crime.
- 0:53Now they've been successful at doing that, but that also gives
- 0:58ammunition to the international cabal of Fiat money, in my
- 1:03opinion. That's really what it was
- 1:05because I don't think they were really caring what was happening
- 1:08on in El Salvador before they made Bitcoin legal tender.
- 1:11I think that's really when you know this, this international
- 1:15media propaganda machine, Fiat propaganda machine really,
- 1:19really put their crosshairs on this Central American country.
- 1:24And here's the thing, other countries that have a much, much
- 1:30worse human rights record have been ignored.
- 1:35They they haven't even been covered by the same legacy media
- 1:40publications, right. So I just kind of want to
- 1:43highlight the double standards of that And on today's episode
- 1:46we are going to take a, we are going to play devil's advocate.
- 1:49So we're not just going to highlight obviously you know you
- 1:51guys know how Opti and Opti and I feel about El Salvador that's
- 1:56probably because OPTI and are are Hispanic and we have a you
- 1:59know a different vantage point In my opinion it is the one of
- 2:04the only countries in the region where I see hope and prosperity
- 2:07and opportunity. You have people telling me you
- 2:10have people telling Opti El Salvadorians that they actually
- 2:12want to move back to the country that is unheard of.
- 2:16Once a South American or Central American, they they've reached
- 2:20the states. That's the promised land right.
- 2:22You never hear this concept of them wanting to leave the states
- 2:26going back to their country. But I think since 9 Bukele, you
- 2:31know took power and he made the base layer of that society a
- 2:36strong base layer a a a base layer based on truth.
- 2:40Of course I'm talking about Bitcoin.
- 2:42Perhaps it might have aligned the incentives between citizens
- 2:46and the government and perhaps that's why you're starting to
- 2:49see this. And I think that is responsible
- 2:52for a lot of the reaction reactions coming from the legacy
- 2:57corporate media machine, which I think we've learned over the
- 3:00last two or three years that I don't think they really have our
- 3:04best interests at heart. And I'm not just talking about
- 3:07certain publications, right? You have the Financial Times,
- 3:10OPTI calls them the Fiat Times, literally releasing pieces as to
- 3:15why a digital currency is necessary.
- 3:18You have the New York Times hit piece multiple hit pieces, some
- 3:22even written by Elizabeth Warren, the anti Bitcoin Senator
- 3:25herself, literally saying hey you know, Bitcoin is a problem.
- 3:29We remember the New York Times hit piece where they literally
- 3:32color corrected the sky to make it seem like Bitcoin somehow is
- 3:37polluting the environment, even though you know we know that
- 3:40ASICS don't directly emit CO2 right?
- 3:44So it it, it's just interesting how all this is playing out.
- 3:47So we're going to go through a lot of the articles today, but I
- 3:50I, I really think the smoking gun is the double standards
- 3:53between how they treat certain countries and how they treat
- 3:56other countries, right. So that's what I want to
- 3:59highlight today during the news and during the culture segment,
- 4:02we have a very special guest and also someone who I consider a
- 4:05friend, we have a fellow S Floridian coming us and joining
- 4:09us on the show today. So I'm going to bring them up on
- 4:11stage. Hector, how you doing buddy?
- 4:13I'm doing fantastic, Nico. How you doing today?
- 4:15Good, good, good. And of course my legendary
- 4:18cohost. Always optimistic, always a
- 4:20giant smile on his face. Look at that.
- 4:21Look at that smile. The one the only the optimist
- 4:24fields. How you doing bro?
- 4:26I am doing wonderful. As you guys know, I am 3 coffees
- 4:29deep, so I am Jack today. Let's go.
- 4:32But Nico, you actually said something interesting and you
- 4:35and I have had this conversation.
- 4:36I think we've actually had this conversation live on the show.
- 4:39It's the idea of being a first generation American and feeling
- 4:42like we got sold a, you know, a bad bag of goods with the
- 4:47American dream. And you know, I'm, I'm, I'm a
- 4:50holdout. But it is very interesting to
- 4:52have these conversations with other Salvadorians, other
- 4:55Hispanics that are like, I would love to go back home.
- 4:57I love what but Kelly's doing and it's like.
- 5:00Man, you know, I wish. I wish that would happen in my
- 5:03home country of Mexico. But I'm an American and we are
- 5:05America first. And let's make sure that America
- 5:08stays the best place to live because it really, in my
- 5:11opinion, is, you know, like the the last Alamo, the last bastion
- 5:14of freedom. And even though it does.
- 5:16Seem like it's crumbling in real time.
- 5:19I am. I'm still holding out.
- 5:20I still have hope. As you can tell, I have a good
- 5:22American accent here, so my Spanish is not the best.
- 5:26Hence why I'm like, I love my home.
- 5:29Let's make sure America stays great.
- 5:31Yeah, 100%. Let's, let's try to hold it
- 5:34down. Let's see if, you know America
- 5:36is able to return back to its first principles.
- 5:39I think the original, you know, foundations of this country are
- 5:45it's almost as if they could have been written by bitcoiners,
- 5:48right? Like, it's so, you know, like
- 5:51it's it. Like it's perfect for each
- 5:53other. It's a match made in heaven.
- 5:54I think it's been Frankenstein since the introduction of the
- 5:59Federal Reserve back in 1913, which is also coincidentally the
- 6:02year that they introduced the federal income tax.
- 6:05I know Hector had some thoughts on that as well, that we were
- 6:07talking before the show started. But anyways, before we move on
- 6:12guys, it is really important. The YouTube algo really, really
- 6:15likes this. Smash the like button literally
- 6:18takes 2 seconds of your time. Just smash it, smash it, smash
- 6:21it. Help us continue our streak
- 6:23every show. For the last two weeks we have
- 6:26broken over 100 likes during the live show.
- 6:29Help us continue our streak and we'll get there.
- 6:32But before we, before we roll this in, Hector, why don't you
- 6:36tell everybody what you were telling me about the
- 6:39introduction of the federal income tax in 1913 and what you
- 6:43found interesting? Well, it's building a little bit
- 6:46on what you were talking about yesterday with regard to the
- 6:50restriction on crossing borders with over $10,000 and how that
- 6:53now would be the equivalent of 70, some odd $1000.
- 6:57But they sort of whittled down and they the the government has
- 7:00been able to sort of ratchet control up little by little
- 7:03because of that. And a very similar thing has
- 7:06happened since the introduction of the income tax or the
- 7:08reintroduction in 1913. Originally the income tax was 1%
- 7:13at the lowest levels and 7% at the highest levels.
- 7:16Well, now in 2022. It's a 10% at the lowest levels
- 7:22and 37% at the highest level. So income taxes as a percentage
- 7:26of of individual income have gone up five to 10X during that
- 7:3090 year stretch. And that is during a period of
- 7:33time where our purchasing power, the the purchasing power of the
- 7:36US dollar has gone down by over 90%.
- 7:40So the government is still making sure to get theirs, all
- 7:43the while still making sure to take as much as they can from
- 7:46you. And that is not consistent with
- 7:48the founding principles of this country of sovereignty and being
- 7:51able to put your own wealth to work and to protect it.
- 7:53And I just thought that that was interesting as you brought that
- 7:56up yesterday in in the culture segment yesterday a 100%
- 8:00amazing. And also I I want to bring up
- 8:04this this chat from an Opti, why don't you, why don't you read it
- 8:10cuz it kind of kind of a reinforces the point that that
- 8:14we've been trying to make. So why don't you read that off
- 8:16to? All right, we got Jay Thoreau
- 8:18and he goes. I'm an American and moving to El
- 8:20Salvador in about a month to live full time on a Bitcoin
- 8:23standard. Their country is actually
- 8:25heading in the right direction, unlike the US.
- 8:27Sadly, couldn't agree more. Yeah, 100 percent, 100%.
- 8:32All right, everybody, no more delay.
- 8:33Let's jump straight into the show.
- 8:35We got a lot to talk about today.
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- 10:01where you have to explain to your grandchildren why you lost
- 10:05your Bitcoin anyways. At the time of recording, the
- 10:08Bitcoin price is 29,240 sats per dollar 3420 block height 800,230
- 10:16blocks to the having 39,770 having estimates April 20th,
- 10:222024 Total Lightning network capacity 4666 Bitcoin
- 10:27approximately approximately 136,000,000 U.S. dollars.
- 10:33Realize monetary inflation 1.76% continuing to take Fiat
- 10:37currencies to absolute school. The market capitalization of
- 10:41Bitcoin $568 billion with the B. The Bitcoin versus gold market
- 10:46cap is 4.36%. So in the grand scheme of
- 10:50things, you guys are still still in the first innings of all of
- 10:54this. Anyways, what I wanted to share
- 10:57with you guys are some videos from x.com, formerly known as
- 11:03Twitter. Let us know that in the comments
- 11:05that you guys think of the name. I think it's interesting we we
- 11:08covered that. Unlike a porn site, Nico, I'm
- 11:10not going to lie. I mean, that's exactly that was
- 11:12mentioned. That was literally the reason
- 11:14that Peter Thiel was like against dot com being the name
- 11:18for PayPal. But hey, you know what?
- 11:20Elon's A billionaire and he bought Twitter, so you know,
- 11:23let's see what happens. Anyways, so a couple videos I
- 11:27kind of want to go through today and this is a picture from a
- 11:33coin beer. I believe he's also YouTuber and
- 11:35he's a very good content creator.
- 11:37Obviously he's more, you know, crypto not only Bitcoin stuff,
- 11:40but still we understand how hard it is to make content and his
- 11:44production quality is pretty on point, even though we might not
- 11:46necessarily agree with the crypto assa aspect of his
- 11:51content. Anyways, it goes on to say this
- 11:53is the future of payments with Fed now and CBDC's biometric
- 11:57info linked to your social credit account linked to your
- 12:00wallet, right? So let me play you a quick video
- 12:04of these. You know, these ladies literally
- 12:07using their eyes to pay and like, like if you just use
- 12:15common sense, how that can be abused.
- 12:20And there's actually videos in China where if your social
- 12:24credit goes below a certain score and you're trying to enter
- 12:29a train or any type of public transportation or their version
- 12:32of Uber, and you try to get in there, they will literally say
- 12:37no, you can't travel because your social credit system is too
- 12:39low. And that what happens is that is
- 12:43a bureaucrat and central bankers wet dream because it becomes a
- 12:46forcing function of compliance. It's not that they're going to
- 12:50force you totally coerce you to behave, to not have a gas stove,
- 12:55to only be able to drive 15 minutes away from your city to
- 12:59if you've bought over a certain amount of steak per month,
- 13:02right? It's not that they're going to
- 13:03force you by gun, right? It's that they're going to what
- 13:05they're going to they're on. They're going to ostracize you.
- 13:07They might publicly shame you. That's what they've been doing
- 13:09in China. But most importantly, you're not
- 13:12going to be able to buy certain things.
- 13:14You're not to be. You're not going to be able to
- 13:15access certain travel. You're not going to be able to
- 13:18access certain goods or services.
- 13:20So that incentivizes you, right? We're bitcoiners.
- 13:23So we were big believers and incentives.
- 13:25That incentivizes you to to do what?
- 13:28To play by the rules, right? And what is that but not a form
- 13:31of slavery. So when we say Bitcoin or
- 13:33slavery, we are not exaggerating this at all.
- 13:37Anyways, here is a clip from wide awake media and it goes on
- 13:42to say I MF Deputy Managing Director Bo Lee, Central Bank.
- 13:46Digital currencies will be programmable such such that
- 13:49governments will be able to centrally determine what kind of
- 13:51people can use them and what kind of things people and buy
- 13:55with them in order to enforce their desired policy objectives.
- 13:59Right. And just kind of, you know, you
- 14:00have to connect the dots is what we do.
- 14:02It's simply Bitcoin we laid out for you.
- 14:04But you guys have to connect the dots on your own.
- 14:06And I'm gonna play you this clip and then we'll talk about it.
- 14:10Let's check it out. The 3rd way we think CBDC can
- 14:14improve financial inclusion is through what we call
- 14:18programmability. That is, CBDC can allow
- 14:25government agencies and private sector players to program to
- 14:31create smart contract to allow targeted policy functions, for
- 14:39example, welfare payment for example, consumption coupon for
- 14:45example food stamp. By programming CBDC, those money
- 14:51can be precisely targeted for what kind of people can own and
- 14:57what kind of use. This money can be utilized, for
- 15:02example, for food. So this potential
- 15:06programmability can help government agencies to precisely
- 15:13target their support to those people who need support.
- 15:18Yeah, that that's the only thing they're going to use it for,
- 15:20right? It it's not going to be a
- 15:21forcing function of society. Right.
- 15:23That you know these these these politicians that can't even not
- 15:27lie to you about whether there's going to be inflation or not.
- 15:31These politicians that are also, you know debanking entire
- 15:36protest movement like the Canadian truckers protest.
- 15:39Yeah, I we we should trust them because they're not going to
- 15:44weaponize that power against their citizens to protect their
- 15:47political mo, right. Could you imagine, you know
- 15:50there's a video there's a video that was like kind of going
- 15:52around the other day where Justin Trudeau like had an open
- 15:55forum meaning and then anyone who was critical of him he he
- 16:00just basically told the cops to escort them out.
- 16:02So could you imagine, you know, tyrants like that that have
- 16:06access to this type of money which literally allows them to
- 16:11bend society to their will. You know that that is a very
- 16:16scary future. And when I say Bitcoin or
- 16:18slavery, you have to understand in the eyes of the current
- 16:23administration, the papers that are being released by the
- 16:26Treasury, they're they're very, very transparent on what they
- 16:33believe the future of money is. And in their eyes, the future of
- 16:35money are central bank digital currencies, right?
- 16:39So if their eye, in their eyes, the future of money, central
- 16:42bank, digital currencies, we know they're they're trying to
- 16:44get rid of cash, What is the alternative to this system?
- 16:47The alternative to the system is to opt out entirely and opt out
- 16:51into something that no, not only can they not control it, but
- 16:56also also nobody can control it, right?
- 17:00It's it's, you know, it's this decentralized nobody owns it
- 17:03peer-to-peer system. And then by having this
- 17:07decentralized peer-to-peer system, it takes away the power,
- 17:10away from this elite bureaucratic class that think
- 17:14they know how to live your life better than you know how to live
- 17:18it yourself, right? It really takes away the power,
- 17:22away from the central planners. That's what bitcoins about.
- 17:25That's what this fight is all about.
- 17:27And yeah, man, look, I I am, I am, I am worried about this
- 17:37world and I'm worried about the future of of where they want to
- 17:41take this. And I'm worried that not enough
- 17:43people are really awake to what is coming right.
- 17:47And then I think that by the time people wake wake up to this
- 17:49reality, I think it's going to be too it's going to be too
- 17:53little too late. The systems of control are going
- 17:55to be in place. And that's why I'm so optimistic
- 17:58about El Salvador and I. And I really believe This is why
- 18:01they're attacking it so much. This is why I'm so optimistic
- 18:03about developing countries, the global S that have have already
- 18:07lost all confidence in their local government's ability to to
- 18:13control money or to issue money. So because they're they're going
- 18:17to be, you're going to give them a choice and they're going to
- 18:20say, yeah, this Bitcoin thing sure sounds like a good idea.
- 18:24Now they're kind of in this transition phase where they
- 18:27still believe stablecoins, you know, they they and stay.
- 18:30The thing about stablecoins is that they provide like, this
- 18:32false sense of financial sovereignty.
- 18:35But again, you know, this is a multigenerational education
- 18:40process, right? This is not going to be
- 18:42something that happens overnight.
- 18:44Think about how long it took you to take the orange pill, right?
- 18:47It's at least minimum a year to two year learning process to.
- 18:52And the reason that I believe it takes so long is because you
- 18:54have to unlearn a lot of the things that were bestowed or you
- 19:00know, you were indoctrinated with living in the Fiat matrix,
- 19:04right. This idea of yes, money cannot
- 19:06function without inflation, money cannot function unless
- 19:09it's issued by governments, right.
- 19:11Well, look, the writings on the wall, we've played you guys the
- 19:14videos, we've shown you the data, we've shown you the
- 19:16sources time and time and time again.
- 19:19This is the world that they want for you.
- 19:21And this is what I got to say to that.
- 19:22F that I choose to opt out into a money that doesn't steal from
- 19:27me, protects my energy, protects my time, protects my purchasing
- 19:30power, I refuse to use that. I refuse to use their money.
- 19:34And you know what? I think over time, as more and
- 19:37more people opt out, their tyrannical nature is going to
- 19:40expose itself more and more and more and more.
- 19:43And then eventually I predicted that they're going to put
- 19:45themselves in the corner and they're going to have to say the
- 19:47Quiet pod out loud, which they've been refusing to say
- 19:50they've been ignoring, which is they want you to use the money
- 19:53that steals from you. This is the reality of it.
- 19:55Like this is just that's just a that's a cold hard fact.
- 19:58They want you using money that steals from you.
- 20:02Once we get them to admit that, and once they're on tape
- 20:04admitting that again, it's going to be very, very difficult for
- 20:07them to to defend that perspective, to defend that
- 20:11viewpoint, specially now that Bitcoin has proven that a money
- 20:14can exist. That not only does it not
- 20:16decrease in purchasing power over time, it actually increases
- 20:19in purchasing power over time. Opti, why don't you hit it?
- 20:21And then we move on to Hector. Yeah, yeah.
- 20:24First to your last point, you know there's there's so much you
- 20:27need to unlearn from the field world to become a Bitcoiner, but
- 20:31I can definitely say that it's worth it.
- 20:32And being part of that journey and unlearning so much to
- 20:36becoming a bitcoiner and getting on the Bitcoin standard, my life
- 20:38has improved like. Tenfold is if I have to put a
- 20:43number on it. But before I jump in that
- 20:44Trudeau video that you brought up, I saw it as well.
- 20:47And it's just absolutely ludicrous.
- 20:49And it's a trend that I'm seeing from all politicians and and
- 20:52even, you know what do we call them?
- 20:54The what? The monetary demons.
- 20:56A productive, unproductive class.
- 20:58The parasite class What it? The the Fiat, Fiat, times class,
- 21:03whatever you want to call them. But it's amazing how we cannot
- 21:05have these conversations without being gas lit and canceled like
- 21:09the Parasitic class. Would much rather simply ignore
- 21:12the problem than do right by the people that they're supposedly
- 21:15representing. Like it just it's insane that
- 21:18this is where we are right now in Clown world, but it's very
- 21:21obvious to anyone awake that this is the status quo.
- 21:23So it's one of those things where.
- 21:26It's hard to wake up like your friends and fan like your
- 21:29parents and and try to explain this to them because they still
- 21:32believe in the authority figures that are on the TV, in the suits
- 21:35we talk about all the time and and you know what's the saying,
- 21:38it's it's incredibly hard to wake someone up when they're
- 21:42when their life and job depends on them believing the lie.
- 21:45But that's a totally other tangent, the private and public
- 21:49CBDC trend that we are seeing right now, whether that's fed
- 21:52now X dot coms, you know. Must What's it called?
- 21:57We chat of the West or the recent scam that just got
- 22:01dropped? The the scam Coin.
- 22:02I mean world coin. It's all headed towards a
- 22:05dangerous precedent. It's Bitcoin and slavery.
- 22:07We say it all the time. Like the dystopia that is being
- 22:10marketed as the future in my opinion is completely anti human
- 22:14programmable programmable money. It seems so beneficial, like it
- 22:18seems so like innocent when you say it that way.
- 22:22But surgical precision of your money is not a good thing, as
- 22:25we've seen. So far in the world today, you
- 22:28know, in my opinion, all feel money is basically digital
- 22:31already. And now they want even more
- 22:32control to surgically program your money.
- 22:35Like that's absolutely terrifying.
- 22:37Like central control of humanity will not improve people's lives,
- 22:41only a free market money will. And that is Bitcoin.
- 22:44And remember, the meme that I keep doubling down on CBD C's
- 22:48does not mean central bank digital currencies.
- 22:50It means central bank digital control.
- 22:52Do not forget it. They can market it however they
- 22:54want. But.
- 22:55They're saying the quiet parts out loud continuously and trying
- 22:59to dress it up in a new flowery way so that people accept it, so
- 23:03that people consent to being wholly controlled.
- 23:07And it's absolutely disgusting. And This is why we're
- 23:09bitcoiners. This is why we double down on
- 23:11the idea of Bitcoin or slavery. You want to opt into a
- 23:15permissionless money, one that cannot be censored, one that
- 23:19cannot be debased, one that you know stores its value through
- 23:24time and space, and that is Bitcoin.
- 23:25You know there is a learning process to becoming a Bitcoiner,
- 23:28but I can guarantee you it is better than whatever is being
- 23:32marketed by the psychopaths over there at, you know, in Fiatland.
- 23:37It just. Man, I don't know.
- 23:39Sometimes I feel like I'm so far down the rabbit hole.
- 23:42And again, it's that Zoolander meme.
- 23:45Like, I feel like I'm taking crazy pills all the time.
- 23:47Because it's so simple. Now it just your life will fight
- 23:50on Bitcoin. You're muting your take on this,
- 23:55bro? Well, you know, it's it's funny
- 23:58that you bring up Trudeau and authoritarianism and central
- 24:03planning and the dangers of it. Because you guys didn't know
- 24:06this, but you know, I am also a first generation Hispanic
- 24:08immigrant here to the United States, right?
- 24:10So my parents are from Cuba, and they left in the late 1950s,
- 24:15just before this guy named Fidel Castro took over over there.
- 24:18And, you know, the promises were all great.
- 24:21Hey, this is going to be fantastic.
- 24:23This is going to be a utopian dream.
- 24:25And then all of a sudden they woke up one day and they said,
- 24:27hey, you know, all that wealth, all that money, all those
- 24:29properties, all those businesses that you thought that you owned,
- 24:32we own them now. And that's why they left and
- 24:36thankfully they did. And that's why I'm talking with
- 24:38you from South Florida instead of from Havana, Cuba.
- 24:41So you know, past is prologue. When someone has the ability to
- 24:46control your wealth, they will do it.
- 24:50So don't let them do it. Like, you know, folks in Cuba
- 24:53made that mistake a while back. Don't make that mistake.
- 24:56Don't let them control your wealth.
- 24:57Don't let them control your time.
- 24:58Opt into a money that can't steal from you and make sure
- 25:02that you maintain your freedom and your sovereignty.
- 25:04And as far as the world coin eye scanning folks, I'm not sure
- 25:07what they're thinking. Have they not seen the nosedive
- 25:10episode of Black Mirror? Have they not seen Minority
- 25:12Report? This does not end well, and I
- 25:15highly, highly recommend that if you don't yet have any Bitcoin,
- 25:19you start stacking sats, you get off 0 and you protect your
- 25:22future with Bitcoin. Amen.
- 25:25Wait, wait. Amen.
- 25:24Beautiful. Before we go on, Nico, Hector
- 25:27reminded me or triggered a thought and it was.
- 25:31I think it's a Ben Franklin quote where he says like if you
- 25:33do not defend liberty and freedom, then you will lose it
- 25:37in a few generations. Maybe it was a different
- 25:39Founding Fathers, but it really is interesting how so many
- 25:43Americans today just take it for granted that like we live in the
- 25:46freest country in the world, it will always remain free.
- 25:49Like I, I don't have to stay vigilant.
- 25:51But as we've seen constantly in the last, what, 6070, eighty
- 25:56years or whatever, even in the last couple of years, you can
- 25:59slowly start to see that freedom erode and your liberties just
- 26:03get taken, you know, inch by inch, one by one.
- 26:05It's just, it's, you know, just stay vigilant out there.
- 26:08Guys, like, we do have the tools to fight back, but it's about
- 26:11you guys being awake and and actually taking action.
- 26:15Yeah, and. And not only that, like using
- 26:16those tools, right. Because it's like a tool is only
- 26:19as good as you being able to pick it up and like use it.
- 26:22This is why we advocate so hard for you taking Bitcoin into self
- 26:25custody. Stamp seed says it best, right?
- 26:28Take your Bitcoin into self custody.
- 26:30Don't put it on paper, Put it on titanium.
- 26:34Store it the right way. Scan the QR code screen right
- 26:37now it takes you to stamp seed and you can use promo code
- 26:39simply. But, but yeah, man, look,
- 26:43another thing that you said, Hector, before we move on to the
- 26:45news is this idea that that your parents left Cuba in the 1950s.
- 26:52They immigrated to the US Well, that was because of the times,
- 26:56right? Are we now seeing this
- 26:58phenomenon where people are seeing the writing on the wall
- 27:01here in the US and now they're fleeing to the new promised
- 27:05land, which could be El Salvador?
- 27:06Is that, is that what's happening?
- 27:07Are we kind of, like living through this, through this
- 27:10process? I don't know.
- 27:11But, you know, Bitcoin gives you this, this power, right?
- 27:15That I think that a lot of Cubans that were fleeing Cuba
- 27:18for the United States back in the 50s, I'm sure that they
- 27:21would have died for this, which is it gives you the IT gives you
- 27:23the power to bring your wealth with you.
- 27:26You know, if you're in a pickle, you can memorize 24 words.
- 27:28I promise you that if you are in a pickle, you will memorize
- 27:32those goddamn 24 words as if your life depended on it, right?
- 27:36And maybe you don't have that good of a memory.
- 27:38You memorize 12 words, but that's good enough, right?
- 27:41But that's the point, right? This is the power of Bitcoin.
- 27:44It gives you the power to not only vote with your wallet, but
- 27:46it gives you the power to vote with your feet, but only if you
- 27:50take a little bit of personal responsibility and you take that
- 27:53Bitcoin into self custody. I also want to give a shout out
- 27:56to the biggest Bitcoin conference on the face of the
- 27:59earth, Bitcoin 2024. It's coming up.
- 28:02It's the year of the having. It's not going to be in Miami.
- 28:04It's going to be in Nashville, TN July 25th through the 27th.
- 28:08You could you. The tickets are going up.
- 28:12When we first told you guys about this, the tickets were
- 28:14299. But they're they're going to
- 28:16continue to go up, so make sure to get your tickets quickly.
- 28:19For a GA, it's 349. For Industry Pass, it's 849.
- 28:23For a Whale Pass, it's 4749. You can use promo code simply to
- 28:29get yourself a 10% discount on these already discounted
- 28:32tickets. As the conference gets closer,
- 28:35these tickets will get more expensive.
- 28:37All right, everybody, no more delay.
- 28:38Listen, I'm straight. The news.
- 28:40We gotta talk about El Salvador today.
- 28:41Let's check it out. The Daily News.
- 28:46The Daily News is brought to you by Block Stream Jade, built by
- 28:50Bitcoiners. For Bitcoiners it's an open
- 28:52source hardware wallet. For the cold storage of Bitcoin,
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- 29:02allowing for fully air gap Bitcoin transactions.
- 29:05Scan and display PR codes directly on the device.
- 29:07Assign transactions and verify addresses with ease.
- 29:11Use your block Stream Jade with your favorite wallet software
- 29:13such as Block Stream Green blue wallet Electrum Sparrow.
- 29:17Get yourself a Block Stream Jade today and take self custody of
- 29:22your Bitcoin. All right, guys, so we're going
- 29:25to go through one by one. This is the Economist.
- 29:28Like the Fiat times of Financial Times, like the New York Times.
- 29:32They're not very fond of what's going on in El Salvador.
- 29:35I think it has nothing to do with democracy.
- 29:37I think it has nothing to do with human rights.
- 29:40I think it has everything to do with the fact that El Salvador,
- 29:44since they made Bitcoin legal tender, is a threat to the
- 29:48powers at B and their ability to control developing countries
- 29:52using the I MF. Now that there's an alternative
- 29:55to the I MFIII think that really freaks them out.
- 29:58I think that really Spooks them. So take a look at how many
- 30:02articles they've dropped on El Salvador over the last couple of
- 30:06months. I'm going to read you some of
- 30:07the headlines and then I'm going to read you the last article.
- 30:10So first one is Naimbu Kale shows how to dismantle a
- 30:13democracy and stay popular. Others will learn from El
- 30:17Salvador's charismatic president.
- 30:18OK, dismantle A democracy by getting duly elected and having,
- 30:24you know, some of the, you know, the 90% approval rating.
- 30:29Isn't that the whole point of a democracy, right?
- 30:31That if you know you are popular and you win the election, then
- 30:36you become president and you stay in power.
- 30:39So like what it what? What is it exactly?
- 30:43I don't know Okay moving on to the next one, Nambu Kale.
- 30:48Another article, Nambu Kale is Wrecking is Wrecking democracy
- 30:52in El Salvador. Beyond the Bitcoin tech bro hype
- 30:57is an oldfashioned Cardillo. Cardillo is the name that they
- 31:01used for Francisco Franco, which was the the fascist dictator of
- 31:07Spain from the Spanish Civil War until the mid 1970s where Spain
- 31:13peacefully transition to democracy.
- 31:15So in this it they're not just calling him a dictator that guy
- 31:19did your thing that they're referencing or they're they're
- 31:21calling him is fascist, they're calling him a fascist and then
- 31:27also in that same line Bitcoin is there.
- 31:31So in that same sentence, a fascist dictator, fascist
- 31:35dictator president is wrecking democracy in El Salvador even
- 31:40though he was duly elected and even door even though he has a
- 31:4390% approval rating. But again, headlines are very
- 31:46important. We talked to you about how the
- 31:49importance of framing right Anyways goes on to say El El
- 31:53Salvador's authoritarian president is becoming a regional
- 31:57role model that is dangerous for democracy and human rights.
- 32:01Why is he being a why is he a regional role model?
- 32:05Because he dramatically decreased the, the, the crime
- 32:09rate. Therefore he became popular.
- 32:11Therefore he increased the economic opportunity for El
- 32:15Salvadorians. Right.
- 32:17But that is dangerous to democracy and human rights.
- 32:20Are they basically saying that that you should lead, that you
- 32:25should leave, you know, these gang members on the street
- 32:29extorting innocent civilians? Are they you know is that what
- 32:32they're promoting? I I don't I don't quite know.
- 32:35Right. It it's like it it's so easy for
- 32:38you to accuse and to push past blame.
- 32:43But again it it kind of reminds me of that Roosevelt quote
- 32:47judge, not the man, the arena. I also think it's elitist as as
- 32:51F for a Western media outlet to basically say yes in, you know,
- 32:58in the developing world, in Central America.
- 33:00Things are just how they are in developed world and you know,
- 33:03democracy runs smoothly and you know, you can deal with the
- 33:08criminals a certain way, etcetera, etcetera.
- 33:10So anyways you could say okay Nico, but you know they're
- 33:14probably saying this about every everything.
- 33:16They're probably saying this about every country that's like
- 33:18you know, breaking the law or has a dictatorial government.
- 33:22But I'm going to show you. I'm going to compare you.
- 33:23I'm going to compare you two things.
- 33:25So this is the Google search for the Economist and El Salvador.
- 33:30I'm going to read you some of the headlines.
- 33:32What what the world's budding autocrats are learning from El
- 33:35Salvador 9. Bukeli shows how to dismantle
- 33:38democracy and stay popular inside El Salvador's war on
- 33:41crime. Okay there you could say, you
- 33:43know it's not negative. Young Latin Americans are
- 33:47unusually open to autocrats. And here's my favorite one.
- 33:52El Salvador's Bitcoin experiment is not paying off.
- 33:55This was November 17th, 2022. They got that catastrophically
- 33:59wrong. Now let's take a look at China.
- 34:02So I searched The Economist in China, and I'm going to read you
- 34:06some of some of these headlines. And you let me know which
- 34:10headlines are more positive or more negative.
- 34:15So the first one is China hits back against Western sanctions.
- 34:19Can academic joint ventures between China and the West
- 34:22survive? What if China and India became
- 34:25friends? A true a clue to China's true
- 34:29pandemic death toll. How much trouble is China's
- 34:33economy in? And I think this is my favorite
- 34:36one. How China trains its journalists
- 34:40to report quote correctly. OK, so let's talk about China.
- 34:48So they talk about all these human rights abuses and all
- 34:51these things are these horrible atrocities that are happening
- 34:54because I'll say, or jailed, you know, they're gang members and
- 34:57now there's peace on the streets and all that.
- 35:00Let's talk about the Uighurs. Let's talk about the Uighur
- 35:02genocide, Right. This is happening in China.
- 35:04So the Chinese government has committed a series of ongoing
- 35:07human rights abuses against Uyghurs and other ethnic and
- 35:10religious minorities and Xinjiang that is often
- 35:13characterized as genocide. Beginning in 2014, the Chinese
- 35:17government under the administration of the CCP and
- 35:20General Secretary Xi Jinping incarcerated more than an
- 35:23estimated 1,000,000 Turkic Turkic Muslims without any legal
- 35:29process or inter in intermittent camp.
- 35:32So they put them in camps. But if you take a look at the
- 35:36Economist on a Google search, they're not talking about that.
- 35:39They want to talk to you about El Salvador.
- 35:43I just find that interesting. And then this all kind of
- 35:46reminds me of why is this happening?
- 35:48And I always reference back to this article and this article
- 35:52was written by name Bukele himself.
- 35:54Stop drinking the Elise kool-aid, published by our
- 35:56friends over at Bitcoin Magazine.
- 35:58And it goes on to say the most vocal detractors, the ones who
- 36:01are afraid and pressuring us to reverse our decision, are the
- 36:05world's most powerful elites and the people who worked for or
- 36:08benefit from them. They used to own everything in
- 36:11the way they still do the media, the banks, the NGO, the NGO's,
- 36:16the international organizations, and almost all the governments
- 36:19and corporations in the world. And with that, of course, they
- 36:23also own the armies, the loans, the money supply, the credit
- 36:26ratings, the narrative, the propaganda, the factories, the
- 36:29food supply. They control international trade
- 36:32and international law. But their most important, their
- 36:35most most powerful weapon, is their control on the truth.
- 36:39And they're willing to fight, lie, smear, destroy, censor,
- 36:44confiscate, print and do whatever it takes to maintain
- 36:47and increase their control over the quote, Truth and everything
- 36:51and everyone. Do you want to know why The
- 36:56Economist is not covering the Uyghurs, an actual genocide that
- 37:00is happening in a non democratic country?
- 37:05There's your answer. You want to know why they're
- 37:07covering El Salvador even though they didn't?
- 37:10They didn't even pretend that El Salvador existed before the
- 37:14Bitcoin law. They're your answer.
- 37:16I don't think it has anything to do with democracy.
- 37:19I don't think it has anything to do with the human, quote, UN
- 37:23quote, human rights abuses, because if that were the case,
- 37:26they would say the same thing about China.
- 37:28I think it has everything to do with the fact that, to use
- 37:32Christine Lagarde's own words, El Salvador has found an escape
- 37:37valve. I think that's what it has to
- 37:39do. That's what it's all about.
- 37:41So anyways, I found that very interesting.
- 37:45The the, the double standards. But hey, this is what the bit
- 37:49this is what simply bitcoins all about.
- 37:52This is what the Internet is all about.
- 37:53It's empowered the independent journalist.
- 37:57The it's empowered the everyday average individual to buy a
- 38:00camera, buy a microphone and look at the facts and start
- 38:03reporting the facts from your viewpoint, from your angle.
- 38:08And I think that's why they're calling for anything that
- 38:10doesn't come from the legacy corporate media misinformation
- 38:14or they're basically labeling it is not an official news source.
- 38:17That's why, because they can no longer control the narrative of
- 38:21which they've been able to control for so long until the
- 38:24Internet came around. And now what's happening also is
- 38:28Bitcoin is coming around and saying, hey, not only do you not
- 38:32have to consume certain information sources, now you can
- 38:36pick and choose what money you want to use as well, right?
- 38:39And how long until they say Bitcoin is a danger to
- 38:42democracy? How long until they say, you
- 38:45know Bitcoin? And no, they're already saying
- 38:47this. They're already saying the quiet
- 38:48part out loud. Bitcoin is a danger to financial
- 38:50stability, right? But you know what I think is
- 38:53more of a danger to financial stability?
- 38:56Inflation, that's what I think. That's what I think is more of a
- 38:59danger to financial stability, not financial stability of
- 39:02elites that benefit from inflation.
- 39:04Because every time the government prints money, it's a
- 39:06wealth or distribution mechanisms from the have nots to
- 39:10the haves and back to the government.
- 39:12So it's just it's, you know, this whole thing, it's just it's
- 39:16a bunch of hypocrisy but much a bunch of misrepresentation.
- 39:21But you know what? I think the Internet's going to
- 39:23rule the day, and I think bitcoins going to rule the day
- 39:26at the end of the day as well, because Bitcoins incentives stay
- 39:29winning Anyways, Opti, what's your take on this?
- 39:31And then we'll move on to. Yeah, I think one of those
- 39:35headlines said it best and it was really, what do you call it,
- 39:40like the smoking gun or what have you.
- 39:42And it was El Salvador and Bukelli becoming a regional role
- 39:46model. I think that is is the most
- 39:48telling headline of that whole. You know, little segment that
- 39:53you showed all the headlines. Obviously we know that the
- 39:55powers that be do not want to see El Salvador succeed.
- 39:59This is why they're framing Boo Kelly in the way that he is.
- 40:01And again, guys like. We we obviously don't have any
- 40:04insight into what Bukelle is doing for the future.
- 40:07But as of now it does seem like not only is he improving the
- 40:11country, but the citizens of El Salvador are truly enjoying and
- 40:15love the man. And obviously as bitcoiners we
- 40:18want to see this, you know, happen with or without him on
- 40:22the Bitcoin standard. And that would be probably the
- 40:25best for everyone, as an example.
- 40:28But This is why the Parasitic Class is so scared of what
- 40:31Bitcoin has done for El Salvador.
- 40:33But Kelly is doing for El Salvador because it's showing
- 40:36that there is another way. It's showing that there is
- 40:39another option than to just take an I MF loan and be beholden to,
- 40:43you know, the debt from the Western world.
- 40:46It eliminates the power of the money printer, and of course
- 40:49they do not want that to happen. But, Nico, you reminded me of
- 40:53some of the Kelly's tweets and I'm going to pull them up here.
- 40:57Like, just just just imagine if this is what our politicians
- 41:00were saying. This.
- 41:01That's all I want to say. Look, we have Naive Bo Kelly's
- 41:03response to The Economist's headline here.
- 41:06Obviously the headline is President.
- 41:07Naive Bo Kelly is getting democracy and being applauded
- 41:10for him. And Bo Kelly dunks on the
- 41:12Economist and says, I think you accidentally replaced the word
- 41:15criminals with democracy in your tweet.
- 41:18Oof. Headshot.
- 41:19Love to see him. This next one.
- 41:20I think this is one of the most telling examples of why they are
- 41:24terrified of what Bo Kelly is doing.
- 41:26And here's a tweet that he did last week, and it goes Almost
- 41:30every government in the world is 10 times to 1000 times stronger
- 41:34than all of its criminals combined.
- 41:36The reason they don't end crime is because they are colluded
- 41:39with it or because they benefit from it.
- 41:41You pick the reason. Now, I don't know about you, but
- 41:45I've never heard any of our politicians say anything on that
- 41:50line. And as a Bitcoin, you kind of
- 41:52just love to see it. And again, look, I feel like I'm
- 41:56taking crazy pills here. And I'm not here to judge China
- 42:00on how they run their country, but I thought this was America.
- 42:03Damn it, Why are so many talking heads and bureaucrats
- 42:06continually simping for China like, what is going on here?
- 42:09This is absolutely ludicrous. I thought we were, you know, a
- 42:13nation of freedom. And yet, whether it's in the
- 42:16private sector, the public sector, everyone is looking for
- 42:19China, as you know, what we should be doing to usher in a
- 42:22future, a better world for the world.
- 42:25And I don't know it. It seems like there's been more
- 42:28human rights transgressions in China than anywhere else.
- 42:34But what do I know? I'm I'm just a freedom loving
- 42:37libertarian bitcoiner and I want to see the world become more
- 42:41free, not less free. Yeah.
- 42:43Now and I just want to say this because we're all Hispanic here
- 42:46and we all have Hispanic background.
- 42:48So we obviously, you know, we're looking at what's happening in
- 42:52El Salvador. And you know if you compare that
- 42:55with the rest of Latin America, I see hope, I see, you know, I
- 42:59see a government that is actually doing their job.
- 43:02Like that's the whole point of paying taxes supposedly for law
- 43:05and order, right? That's the whole point of it,
- 43:08right? So I just find it interesting
- 43:10that you know they're completely ignoring what's happening in an
- 43:15actual genocide. But they're highlighting,
- 43:19they're highlighting a policy policies that are very, very
- 43:22popular with the, with the populace of of El Salvador that
- 43:26they they voted for this, this is what they wanted.
- 43:29And you have an international, you have multiple international
- 43:32organizations basically saying, hey, look, I don't like what's
- 43:35going on there now to play devil's advocate, right?
- 43:38Absolute power corrupts absolutely, right.
- 43:40So, you know, I think it's too early to tell what the longterm
- 43:46consequences of these policies are going to be.
- 43:49And maybe you could say okay, that is a good argument, right?
- 43:53That's actually something that I asked the economic advisor of El
- 43:57Salvador when he came on simply Bitcoin IRL like look like, you
- 44:00know, aren't you worried that you know this is going to
- 44:02increase the power of the state? Right.
- 44:05But I'll tell you what, guys, It's definitely heading in the
- 44:08right direction. I think that we read you an
- 44:14article the other day also, the headline was all messed up
- 44:18about, you know, kids in slums being able to play outside
- 44:22about, you know, in middleclass areas of being able to run their
- 44:25business without fear of extortion and whatnot, right.
- 44:29And you know what I think? Passing judgment and saying.
- 44:33There is an alternative solution to this without presenting one,
- 44:38because there's definitely a bunch of other countries that
- 44:40you can point to and you can see the crime there and you can see
- 44:44the corruption. I think it's a lot easy to pass
- 44:48judgment. But as a Hispanic, personally, I
- 44:51find what is happening in El Salvador inspirational and let's
- 44:56see what the future holds and look if for whatever reason.
- 45:00You know this turns S will be the first to to to tell you guys
- 45:04about it. And the reason for that is
- 45:06because at the end of the day, what we stand for is freedom.
- 45:09We we we stand for is individualism, right.
- 45:12What we stand for is private property rights.
- 45:14What we stand for is capitalism. What we what we stand for is
- 45:18equal opportunity. And I think that really, you
- 45:23know, I think that's what I'm seeing in El Salvador.
- 45:26And I don't see that anywhere else in in in Central Latin
- 45:29America at the moment, right? Anyways, Hector, what what are
- 45:33your thoughts on this, bro? You know from someone who you
- 45:36know immigrated from Cuba or his parents immigrated from Cuba,
- 45:39and you see what is happening in El Salvador?
- 45:42What are your thoughts on what's going on?
- 45:43And then also, what are your thoughts on the clearly biased
- 45:47reporting from the legacy corporate media?
- 45:52Well, I'll say that, you know, El Salvador is a sovereign
- 45:54nation and they have the right to choose their own leaders.
- 45:57And right now it seems like they believe that Bukele is the best
- 46:01leader for them. And until they change their mind
- 46:04about that, I don't think it is. I don't think it's our business.
- 46:08Should be telling them who should be leading them.
- 46:09And if they're concerned about incarceration rates, we could
- 46:12probably take a long look in a mirror at our own incarceration
- 46:15rates and realize that the United States lapsed the field
- 46:19globally as it relates to a percentage of their population
- 46:21incarcerated. So I don't think that that's a
- 46:24really consistent position to take right now.
- 46:27Ultimately, El Salvadorian should choose, choose their
- 46:29leaders. They have spoken, and until they
- 46:32speak differently, we should honor that sovereign choice.
- 46:35As it relates to bias reporting, it's like you said, Nico, it is
- 46:39not about any of these things. It's not about human rights.
- 46:42It is about control. Like Henry Kissinger said,
- 46:44right. You know, those who can control
- 46:47food can control the people, those who can control energy can
- 46:50control continents, and those who can control the money can
- 46:53control the world. This is about control of the
- 46:56world through the control of money.
- 46:58Right. We weren't.
- 47:00We weren't concerned a year or so ago about the violations of
- 47:04people's democratic rights in Canada when some truckers wanted
- 47:07to peacefully protest and when there was an escape valve and a
- 47:09way to get funding to those truckers.
- 47:11All of a sudden, Justin Trudeau decided those democratic rights
- 47:14didn't matter anymore. We weren't concerned about the
- 47:16human rights violations of Saddam Hussein for years and
- 47:19years and years and years until all of a sudden he wanted to
- 47:22settle oil contracts in something other than U.S.
- 47:25dollars, and we saw the possibility of losing control
- 47:28there. And so all of a sudden he had to
- 47:30go. So it's not about human rights
- 47:32violations. It is not about democratic right
- 47:35violations. It is about the loss of control.
- 47:38And I think that that's the source of some of this reporting
- 47:41is because of the concern that, like you know, like Opti's
- 47:44girlfriend said, you know, it's an escape valve.
- 47:47Yeah, absolutely. And and I think that's what
- 47:51eventually led to their breakup, you know, Opti was clearly it.
- 47:56Had to be. It had to be irreconcilable
- 47:57differences at that point. Clearly, you know, Opti was
- 48:00trying to orange pill her and and then she's like no Opti.
- 48:03I have a money, I have a money printer, it is better than
- 48:07Bitcoin and then you know that's that's what happened.
- 48:10That's what happened. Anyways, everybody before before
- 48:14we gone. Before we gone.
- 48:15They want an air horn cuz we got 100 likes.
- 48:17Today, thank you for everybody. We broke 100 likes within the
- 48:21first hour of the live stream. We're on A roll I think this is
- 48:232 weeks in a row so shout out to you guys wouldn't be possible.
- 48:26So we really appreciate you guys smashing that like button.
- 48:31Anyways, I also want to give a shout out to our awesome
- 48:33sponsor, The Orange Pill app. It's important that you guys.
- 48:38Stack friends who are stacking Bitcoin, I'm sure that you know
- 48:42it. It kind of feels weird, you
- 48:45know, as you're going down the rabbit hole and you have less
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- 48:50So there will be a time in the in the not too distant future
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- 49:59Anyways, everybody, no more delay.
- 50:01Let's jump straight into the culture.
- 50:02I'm really excited to talk to Ector today about what he's
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- 51:19I was waiting for the Tia Nico. Anyways, Hector, I do have some
- 51:25tweets and stuff that you even that you're involved in things
- 51:27you've written for Bitcoin Magazine, but everyone really
- 51:30loves the how did you get in the Bitcoin stories?
- 51:33It's a rabbit whole journey, so let's just start there.
- 51:36How did you find Bitcoin and what what's your journey been
- 51:39like so far? Thanks.
- 51:41Well, you know, ironically, I first heard about Bitcoin on
- 51:44White Paper Day on Halloween in 2015 from, you know, from a
- 51:48brotherinlaw of a friend of mine, and thought it was
- 51:51interesting but didn't pay much attention.
- 51:53You know, life was busy. Then about a year later it came
- 51:56back around and I heard about it again and I said, well, you
- 51:59know, maybe I should go ahead and, you know, pick up a little
- 52:01bit just in case it catches on. And started accumulating little
- 52:05by little for the next handful of years and then around 2019
- 52:09and heading into 2020, that's when I really went fully, fully
- 52:13down the rabbit hole and and just started consuming
- 52:16everything I possibly could have bought it and just realized what
- 52:19a world changing, groundbreaking technology it was.
- 52:23And so ever since then, I have been trying to educate friends,
- 52:27educate family, educate colleagues, and then
- 52:30transitioning into teaching. Some courses about money,
- 52:34banking and economics and Bitcoin and just trying to help
- 52:37more and more people get into the Bitcoin lifeboat and
- 52:39preserve their wealth. Love it, love it.
- 52:42And before I ask you about how that journey has been going of
- 52:45educating people, you brought up a point and I had this
- 52:47conversation this morning with a friend.
- 52:49The idea of like multiple touches.
- 52:51I think we all forget how many touches we had before we got
- 52:54into Bitcoin and we get so frustrated with people like.
- 52:57You should understand Bitcoin right away and you forget that
- 53:00you probably heard about Bitcoin like three or four times before
- 53:02you finally took the deep dive and and you know, understood
- 53:06Bitcoin. Or at least just got your toes
- 53:08wet in holding and having a little bit of Bitcoin.
- 53:11But anyways, let's get into your orange Pilling journey, because
- 53:15you had this article go on Bitcoin Magazine and it's about
- 53:20orange peeling your Barber. So how did you get to this idea?
- 53:23And and what's the context of orange peeling the Barber?
- 53:26What's the genius behind orange Peeling the Barber?
- 53:29Well, it was, you know, like we all do, right?
- 53:32Once we learn about Bitcoin and we want to help educate others,
- 53:36we think about what are the, what are the circles of
- 53:39influence that I have. And so our family has been in
- 53:42the business of manufacturing garments.
- 53:44For barbers and beauty salons for for the better part of 40
- 53:48years. So those capes that you put on
- 53:50when you go to the Barber, so you don't get hair all over your
- 53:53clothes when they're cutting it, we manufacture and sell those
- 53:56all around the United States. And so in thinking about orange
- 54:00peeling and talking with barbers about how they can improve their
- 54:03business, how they can improve their business with Bitcoin by
- 54:09saving money on transaction fees, so on and so forth.
- 54:12It hit me that, you know, barbers hold a really, really
- 54:15unique place in every community in the United States and also
- 54:20globally in that every kind of walk of life, every kind of
- 54:24person sits in that barber's chair for 20 minutes, 45
- 54:28minutes. Sometimes it might be a couple
- 54:29of hours if you're at a salon for a long service.
- 54:32And it's the perfect environment to be talking about Bitcoin,
- 54:36whether it's you talking to them about Bitcoin while you're
- 54:38getting your your service done. Or whether it's them talking to
- 54:42every lawyer, doctor, business owner, teacher, you know, stay
- 54:47at home, mom, whoever it is, it's a terrific environment
- 54:50because it doesn't have distractions, It happens
- 54:53routinely and it gives you a chance to have those multiple
- 54:57touches that you mentioned are usually needed in order for
- 55:00somebody to get it about Bitcoin and start stacking SAT.
- 55:04So that was the that was the motivation behind writing the
- 55:07article, to try to help people. Think about how to talk to their
- 55:10barbers about Bitcoin and Orange peel them.
- 55:12Love it. Well, someone commented they
- 55:14tried to orange peel their Barber, but he was not about it.
- 55:18So what is the process that you tell people to go through when
- 55:23they're trying to orange peel their Barber?
- 55:25Well. Not only with barbers, but with
- 55:28anybody, right. The, the first thing is to think
- 55:30about who your audience is, right?
- 55:31Who are you talking about? Nico, I think you referenced the
- 55:34Teddy Roosevelt quote a little earlier in the show, so I'll
- 55:37reference another one, right? Teddy once said people don't
- 55:39care how much you know until they know how much you care,
- 55:42right? And that is the same with your
- 55:44Barber or with anybody who you are talking with Bitcoin about,
- 55:48with about Bitcoin with. And that starts by thinking
- 55:51about who they are and asking them some questions about things
- 55:54that might matter to them. So.
- 55:56Are they worried about, you know, the rising cost of doing
- 55:58business, for example, or high credit card fees for somebody
- 56:02like a Barber? Is it somebody like my mom, who
- 56:05is, you know, who had the experience of having to lose
- 56:08everything that they had in order to leave Cuba and come to
- 56:11the United States? Is it somebody who's close to
- 56:14retirement and they're worried about outliving their money?
- 56:16So whatever you think might be those pain points that they
- 56:19might have, think about what kind of questions you can ask.
- 56:23To get them talking about those pain points.
- 56:25Because once they've brought those forward, then you can talk
- 56:28about Bitcoin in the context of that pain point that they're
- 56:31feeling. And that gives you a much better
- 56:33chance of getting them to listen and potentially take action on
- 56:37using Bitcoin to address address those pain points, love it.
- 56:41And before we move on to some some other topics here, why
- 56:45don't you tell the people about the initiative that you told me
- 56:48before the show that you wanted to plug?
- 56:51Yeah. So you know, in that spirit as
- 56:54I, you know started engaging with some folks, I'm in a group,
- 56:57A telegram group called the Chief Lightning officers that
- 57:00are all about, you know, all about trying to help on board
- 57:03businesses to Bitcoin. And I started thinking about how
- 57:06can I on board the businesses that I know in that way.
- 57:09And I realized we've got a lot of bitcoiners around and they're
- 57:12talking to their barbers about Bitcoin and maybe they're going
- 57:15to start orange peeling and on boarding their barbers to
- 57:17accepting Bitcoin. So what I thought we would do is
- 57:20help drive a little bit of incentive there.
- 57:22So I made-up some of these Bitcoin Barber logo cakes and
- 57:26what I'm going to do is if somebody has or does orange peel
- 57:30their Barber and gets or their or their stylist and gets them
- 57:33to start using Bitcoin and accepting Bitcoin.
- 57:36Nico's got the one I made for him at the conference.
- 57:39You know, hit me up on on on Twitter, Noster, get a hold of
- 57:44me and I'll send one of those capes to your Barber or stylist.
- 57:48So. But then that way they've got a
- 57:49nice conversation piece. When they put that Cape around
- 57:51their client, it's immediately going to start a discussion
- 57:54around Bitcoin and help us start orange.
- 57:56Fill in the world through barbers and stylists.
- 57:58Love it, love it. OK, before I think we got a
- 58:01couple more minutes, you did talk about being a part of what
- 58:05the Lightning initiatives or whatever.
- 58:06And I have a let me see, let me pull this up.
- 58:09I found this thread that you put out on your Twitter as well, and
- 58:11it's the idea of not only orange peeling business owners, but
- 58:16doing your best to try to have them accept lightning and the
- 58:20pushback that bitcoiners usually get.
- 58:21So how do you ride around this? What's the best way?
- 58:25Do you think that people should approach businesses and have
- 58:30them accept Lightning or incorporate Lightning as one of
- 58:32their payment mechanisms? Sure.
- 58:35Well, you know it's going to be a little different depending on,
- 58:37you know, the particular business owners set up and what
- 58:39kind of, you know, what, what level of of work they want to
- 58:42put into it, right. But again, it starts by asking
- 58:44questions, finding those pain points, and then helping them
- 58:47understand that hey, with Lightning you can accept, you
- 58:50know, payments in a way that is as as as as fast as cash.
- 58:55You know, a lot cheaper than credit cards and as good as
- 58:58gold. Right.
- 58:59So whether that's just having them use a simple sort of
- 59:02peer-to-peer wallet transfer, whether that's Phoenix or let's
- 59:05say Strike, or if they want to implement a solution like Ibex,
- 59:08if they want something that might resemble more like a point
- 59:10of sale or another tool like a coin OS which also can serve
- 59:13that function. There are a lot of different
- 59:15tools that you can use. It depends a little bit about
- 59:19how interested the Barber is and how they want to maintain their
- 59:21Bitcoin once they receive it. And that's something that I
- 59:24mentioned in the The Orange Pilling article.
- 59:26If you're trying to figure out exactly how to talk with your
- 59:29Barber, I'm happy to be a resource to you and happy to
- 59:32have a chat with you about how to approach them, how to how to
- 59:35have that conversation. Ask those questions and then
- 59:38figure out what might be the right solution for them once
- 59:40they're interested enough to think about doing it.
- 59:44Great advice. And the last thing I have over
- 59:46here is I notice you are a part of some of the local meet ups in
- 59:50your area. So maybe you wanna talk about
- 59:52them and maybe get more bitcoiners to congregate and
- 59:56meet up and continue to spread the message.
- 1:00:00Yeah, you know, it's fantastic having these opportunities to
- 1:00:03engage virtually, right. But in my opinion, you know that
- 1:00:05nothing replaces those, you know, in person kinds of events.
- 1:00:11I think that's why conferences like, you know, the Bitcoin
- 1:00:14conference that's been here in Miami the last few years, that's
- 1:00:16going to be in Nashville next year, Pacific Bitcoin, so on and
- 1:00:19so forth. I think that's why those things
- 1:00:21are so special because it gives us an opportunity to know, hey,
- 1:00:24there are other folks who really understand what this is about
- 1:00:27and it's a great way to bring new people into the fold as
- 1:00:29well. So yeah, I I by about a year ago
- 1:00:31after the Bitcoin 22 conference work together with with my buddy
- 1:00:35Carl to start the Broward County Bitcoiners meet up And you know
- 1:00:39we've been growing and building ever since.
- 1:00:41We've got a number of great meet ups down here in South Florida
- 1:00:44and if you don't have a local meet up in your area, I
- 1:00:46encourage you to start one. If you do and you don't attend
- 1:00:49them now, I encourage you to do so because it really helps you
- 1:00:52see that you're not just on an island, you're not by yourself
- 1:00:55in being a bitcoiner and trying to help people improve their
- 1:00:58lives through Bitcoin. There are a lot of other people
- 1:01:01out there and if you reach out, as you know, if you reach out to
- 1:01:03bitcoiners, you're going to find multiple bitcoiners reaching
- 1:01:06back out to you and and wanting to engage with you.
- 1:01:09And it's just a terrific way to to meet other people that are
- 1:01:13like mind. Yeah, I, I said.
- 1:01:15You're Mutinika, I said. All the time.
- 1:01:18Until you hang out with bitcoiners constantly, you
- 1:01:21forget that you are not the crazy one.
- 1:01:23That's everyone else that doesn't understand what's going
- 1:01:25on in the world, and you've got to be around bitcoiners.
- 1:01:27You need to build that Bitcoin community around yourself.
- 1:01:30I think it's one of the most important things for everyone
- 1:01:32out there to be doing. 100 percent, 100%.
- 1:01:37And shout out also to Broward, man, that's awesome.
- 1:01:40You know, represent South Florida, represent, you know,
- 1:01:44represent the community down here, which I think is, is, is
- 1:01:48really, really important. Also guys, we've been speaking
- 1:01:53about a lot about, you know, sovereignty and freedom and
- 1:01:57privacy. Those are things that we always
- 1:01:59talk about. We talked to you.
- 1:02:00Do we talk to you guys about the benefits of self custody?
- 1:02:04Well, the next step. Is running your own Bitcoin
- 1:02:07node. If you don't run your own
- 1:02:09Bitcoin node, you're trusting someone else's copy of the
- 1:02:12blockchain. It's time to reclaim ownership
- 1:02:15of your own money. Get yourself a Bitcoin node.
- 1:02:19The nodal one is a full Bitcoin node and Lightning network node.
- 1:02:23It enables you to connect to both Bitcoin and light.
- 1:02:26In the Lightning Network, your nodal acts as a back end to its
- 1:02:29most pop to the most popular Bitcoin and Lightning
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- 1:02:52straight out of your Noddle hardware.
- 1:02:54So visit Noddle today. You could scan the QR code on
- 1:02:57your screen and it will take you directly to the website.
- 1:03:00No more delay. Let's review some memes.
- 1:03:02Kabim racks. The Daily Meme Review brought to
- 1:03:09you by Kaboom Racks. I get this question all the
- 1:03:11time, Nico, where should I buy Bitcoin miners?
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- 1:03:31Kaboom Racks. All right guys, you already know
- 1:03:37the deal. This is the meme review where
- 1:03:39you guys send us memes and we review with them.
- 1:03:42Tag me on Twitter at simply Bitcoin TV.
- 1:03:45I will scroll through them all. I will drop them in the show
- 1:03:47notes. They may not all make it on the
- 1:03:49next show, but you know, sometimes I will get them on the
- 1:03:52show. There's a lot of memes
- 1:03:53sometimes, but also drop them in our telegram group.
- 1:03:55T dot me slash simply Bitcoin. I look at that every morning.
- 1:03:59I'm trying to get your memes on the show, but I need the tweets
- 1:04:03guys you need. The drop the tweets.
- 1:04:04I know they are. I know there's like, you know,
- 1:04:06tracking information on them. Just do them for me, because I
- 1:04:09can't just take screenshots of people's memes.
- 1:04:12I want to give you guys credit anyways.
- 1:04:14Tweets are the what's it Tweets are the bullets.
- 1:04:16Memes are the artillery. As you can tell, we are in an
- 1:04:18information war and the powers that be do not want you
- 1:04:22conversating about the truth. It's incredible that we can't
- 1:04:25have these conversations without being gas lit and ignored, but.
- 1:04:32This is what we do every day. We continue to have these
- 1:04:33conversations, we continue to spread the truth, we continue to
- 1:04:37give you the calls of actions and also bring you some funny so
- 1:04:41you guys can keep your heads in the game.
- 1:04:43Anyways, this 1st meme is by our boy, the BTC therapist and he
- 1:04:46goes very wise words hashtag BTC and we have an X-ray of a
- 1:04:52person, a skeleton. Hunched over a computer with the
- 1:04:56Bitcoin logo in his brain and it goes Satoshi Nakamoto and his
- 1:05:00comment on the computer is if you don't get it, go fuck
- 1:05:04yourself, all right? This next meme is by Simple BTC
- 1:05:10app on Twitter and he goes my only motivation to go to work
- 1:05:14and they got someone. In bed doesn't want to wake up
- 1:05:17and he goes, God give me a reason to go to work and we got
- 1:05:19Dorian Nakamoto aka Satoshi Nakamoto go.
- 1:05:21Sats aren't getting any cheaper son.
- 1:05:23This is the only reason to get up and get to work.
- 1:05:27Now you got to go out there, provide value to your fellow man
- 1:05:29and the Sats will come to you. Anyways, this next meme is by at
- 1:05:32Toxic Bitcoin, and it goes no wait, hold on.
- 1:05:37No. And it goes.
- 1:05:38And it's got a crying girlfriend eager over here goes babe,
- 1:05:42please stop lifting while listening to Rothbard.
- 1:05:45And we got a Chad Pepe meme over here.
- 1:05:47He's buff with Infinity divided by 21 million on his chest in
- 1:05:50the Bitcoin logo and a weighted belt.
- 1:05:53And it goes fuck the state, let's go.
- 1:05:55OK, this next meme is by Walker. America shuts up to the crypto
- 1:06:00couple. And he dropped this on Jack's
- 1:06:03tweet in regards to scam coin. I mean World Coin and Jack
- 1:06:06tweets. At no time should a corporation
- 1:06:08or state own any part of the global financial system can
- 1:06:12agree more and Walker respond. Bitcoin fixes this and re
- 1:06:15appropriates yeah re appropriate marketing and it puts the
- 1:06:21Bitcoin logs on it goes. It's time.
- 1:06:23Study Bitcoin. This is the way all right.
- 1:06:25This next meme is by creases under score BTC and he goes.
- 1:06:30I spend a lot of time and energy trying to explain the power of
- 1:06:33Bitcoin as a savings technology, but sometimes a meme nails it
- 1:06:37better than any article can and this is the power of memes.
- 1:06:42Anyways, we got a Pepe the Frog, Chad Pepe the Frog going up an
- 1:06:46elevator and the elevators are obviously Bitcoin.
- 1:06:49And then we got the Normie over here or the Pre Coiner.
- 1:06:52And they have some shackles and one of them student loan debt
- 1:06:56and the other one's medical debt.
- 1:06:58And they're looking up at the staircase that they need to
- 1:07:01climb for a good life. And they are huge.
- 1:07:03And we got buying a vehicle, starting a family home
- 1:07:06ownership, starting a business, pay off all debt, emergency
- 1:07:09fund, nice vacation, luxury dining and traveling around.
- 1:07:14And that's the last one. Or just get on the escalator,
- 1:07:18the Bitcoin escalator and number will go up.
- 1:07:21It's going up forever. And you can, you know, maintain
- 1:07:24your purchasing power instead of getting debased at at the
- 1:07:29minimum of 2% a year, I think. What are we at now, Nico?
- 1:07:32Like three or five or eight? I forget it keeps going up.
- 1:07:34If you're in the UK, it's not like 10, right?
- 1:07:36Crazy. OK, this next meme is by Maxi's
- 1:07:39club. And it goes 468 feels good.
- 1:07:43And we got a euphoric Pepe Bitcoin or euphoric?
- 1:07:46Just understanding that Bitcoin is the way.
- 1:07:49And it goes that feeling when you have a 100% Bitcoin
- 1:07:52allocation and a long term strategy.
- 1:07:55Completely euphoric. Okay this last meme.
- 1:07:58And I was telling Hector about this in the beginning of the
- 1:08:00show and I brought this up before he was bringing up any of
- 1:08:03this idea about taxation. And you know, we said Bitcoin or
- 1:08:08slavery. It used to be hyperbolic.
- 1:08:10And now the receipts. And the examples keep coming
- 1:08:13out. Anyways, the meme here is by
- 1:08:16fight with memes on Twitter and we got a Pharaoh's head here.
- 1:08:21And it goes. Roughly 2500 BC Genesis 47
- 1:08:24slaves owned by Pharaoh were required to pay him 20% of their
- 1:08:28income of crap harvest, crop harvest, sorry.
- 1:08:31And then 2022AD. The median US taxpayer pays
- 1:08:3524.8% income tax along with 7.65% FICA taxes on his tax
- 1:08:41income he then pay. Sales tax, property tax, gas
- 1:08:44tax, and many other taxes and fees.
- 1:08:46Absolutely devastated. It is Bitcoin or slavery.
- 1:08:52Anyways. My mean movie score.
- 1:08:54Drop your mean movie score over there.
- 1:08:56We got to go. I think we got to wrap up soon.
- 1:08:58Niko's got a meeting. My mean review score is the
- 1:09:02sticker by Birdwell Beach Britches.
- 1:09:05If you know, you know, just kind of daxing myself, so Cowboy
- 1:09:10confirmed. I'm going to give it my limited
- 1:09:14edition Barbers Cape that was made by Ector.
- 1:09:18I am so grateful and I'm going to take this with me to the
- 1:09:22barbershop. Just whip it out when I have my
- 1:09:27custom custom Barber Cape. Anyways, that's my score.
- 1:09:31Ector, what would you give those memes?
- 1:09:33I'm going to give them my coal power and a nine Volt battery.
- 1:09:36That way you can keep those, keep those sats.
- 1:09:39I see. I see cold and air gapped.
- 1:09:41I see. I see.
- 1:09:42Cold and air gapped love that. All right, Opti, let's get
- 1:09:45through some of the meme scores. First one by Elaine Score
- 1:09:49Central Bank, Digital currencies, orbs and shit Coins
- 1:09:51do their job sending plebs to Bitcoin.
- 1:09:55Let's go. Wait, wait, you.
- 1:09:59Can't. I don't think you can read this
- 1:10:00one. That one's a little on the edge.
- 1:10:03Shout out to you. Bro meme score.
- 1:10:06Bukele's actual democratic approval rating of 90%.
- 1:10:10And I think that's the tell, right?
- 1:10:11Is it really? Is it really about democracy?
- 1:10:13Rave elevator. I score the memes, The golf
- 1:10:15clubs I found in the trash that I sold for Sats to my friend?
- 1:10:18This is the way. Let's go.
- 1:10:23All right, CC core 05, all Florida barbers using Hector's
- 1:10:28Barber gowns. We'll see.
- 1:10:32I give the memes 10,000 Sats for one smashed world coin orb.
- 1:10:36I love that. We do not condone breaking
- 1:10:38private property, but. Maybe Roman Meme Score Stack
- 1:10:42Bitcoin Yes. Stack Bitcoin, Yes.
- 1:10:45Stack Bitcoin? Yes.
- 1:10:45Stack Bitcoin? Yes.
- 1:10:46Take custody. Is an E Girl in training We will
- 1:10:50be releasing E Girl vertical videos on.
- 1:10:53TikTok very soon starting optimist fields with his shirt
- 1:10:58off. Bitcoin for Canadian I Love.
- 1:10:59Bitcoin Yum Yum. I give the the meme memes,
- 1:11:04barbers getting orange filled far and wide, yelling Bitcoin.
- 1:11:11Beautiful UTXOI give the memes cosmetic surgery on my iris.
- 1:11:19And Hammer saw meme score A global government collapsing
- 1:11:22under the weight of their own debt.
- 1:11:24All right, awesome, awesome scores.
- 1:11:28He's trolling. He's trolling.
- 1:11:30All right, everybody 8. This is a family friendly show,
- 1:11:32bro. OK, I want to give a shout out
- 1:11:34to her special guests. Thank you so much for joining us
- 1:11:37on Simply Bitcoin Live. I love your.
- 1:11:39I love this man. I will forever be grateful we we
- 1:11:42have to play pickleball. Thank you so much for coming on
- 1:11:45the show. Come on, let's go.
- 1:11:47Give give that to follow right there it's.
- 1:11:49One in the the bottom left of your screen.
- 1:11:51Hector, Alvaro and actor, thank you so much for joining us on
- 1:11:54Simply Bitcoin today. Appreciate you guys having me.
- 1:11:56Thanks so much. Thanks, man.
- 1:11:58Take it easy. All right guys.
- 1:11:59If you enjoyed the show, you know what to do.
- 1:12:00Smash that like button. If you feel like we provide you
- 1:12:03value, consider subscribing. But the number one thing you
- 1:12:05could do to push the peaceful Bitcoin revolution forward is
- 1:12:08share Bitcoin only content, whether it comes from the
- 1:12:11magazine, whether it comes from Brunel McCormack.
- 1:12:16Breedlove, TFTC, Swan, Bitcoin, Stefan, The Vera, John, Vallas,
- 1:12:21Whatever your whatever your Bitcoin, your orange pill,
- 1:12:25orange pillar of choices, share that content.
- 1:12:28Spread that signal farm wide. Don't share shit coin content.
- 1:12:31That's counterproductive. We love you all.
- 1:12:34If you enjoyed the show. Smash stack like button, like we
- 1:12:36said, really helps with the YouTube algos.
- 1:12:38If you want to join the after party, Opti's holding it down
- 1:12:41until 2:00 PM Eastern Standard Time.
- 1:12:44Cohosting the space with our friends over at Swan Bitcoin.
- 1:12:47Best place to build your Bitcoin stack, but guys, until then,
- 1:12:51love you all. We'll see you tomorrow for a
- 1:12:53brand new episode of Simply Bitcoin Live.
- 1:12:55Peace out, y'all. OK, boys and girls, Girls and
- 1:13:06boys. Can you guys hear me?
- 1:13:09Let me see some emojis because it's faces is looking a little
- 1:13:14weird over here. You guys there?
- 1:13:17Are we there? Are we still alive?
- 1:13:23Maybe not. I don't know.
- 1:13:25I'll keep going. Yesterday I had some technical
- 1:13:28difficulties. Apparently I had muted myself or
- 1:13:31something. I don't know what happened.
- 1:13:33Anyways, this is a Bitcoin space by bitcoins. 4 bitcoins.
- 1:13:37So come up here, add your two sets to the conversation.
- 1:13:39I do.