Latest / Simply Bitcoin / Why MrBeast NEEDS to Adopt Bitcoin | EP 864

Transcript

Why MrBeast NEEDS to Adopt Bitcoin | EP 864 · Simply Bitcoin

• 0:07
  It's all going to zero against Bitcoin.
• 0:11
  It's going on forever. You're against Bitcoin.
• 0:21
  You're against freedom. Yeah, Welcome to another episode
• 0:26
  of Simply Bitcoin Live. You're your number one source
• 0:28
  for the peaceful Bitcoin revolution of code breaking news
• 0:30
  culture, Matic Warfare. We will be your guide through
• 0:32
  the separation of money in state.
• 0:34
  Today we're going to talk about the most famous and most
• 0:38
  successful YouTube on the face planet.
• 0:40
  Mr. Beast and I know what a lot of you guys are thinking.
• 0:45
  This Bitcoin show. What are we like?
• 0:46
  Why are we talking about that? Well, we we talk a lot about the
• 0:50
  concept of breaking the Bitcoin echo chamber.
• 0:55
  Bitcoin content creators and just bitcoiners in general.
• 0:59
  We talk a lot about Bitcoin because we love it and we
• 1:02
  understand how it's going to fundamentally change the world.
• 1:06
  But what happens more often than not is that we're preaching the
• 1:09
  gospel to other bitcoiners. Our challenge is to
• 1:13
  breakthrough, Breakthrough, that so-called echo chamber, so that
• 1:17
  the ethos, the ideas of Bitcoin, start to seep into mainstream
• 1:21
  consciousness. We went over the culture.
• 1:25
  We went over the information war.
• 1:28
  Our challenge is how do we get Bitcoin culture into the
• 1:32
  mainstream? That's our cult.
• 1:33
  That's our that's our battle over the next 5-10 years, Corey
• 1:38
  Clipson, CEO founder of Swan, wrote The the the race to avoid
• 1:41
  the war. It is vital for us to orange
• 1:45
  peel as many people as humanly possible before the inevitable
• 1:50
  clash happens. Between the nation, state
• 1:54
  governments and Bitcoin, you're seeing that with Elizabeth
• 1:58
  Warren. We have a thread today about the
• 2:01
  European Union. They're so happy they announced
• 2:04
  the rollout of the digital ID that's going to be paired with a
• 2:08
  digital wallet member. How they said that?
• 2:10
  That was a conspiracy theory for so long.
• 2:12
  That's coming. You have you have Christine
• 2:15
  Lagarde, head of the European Central Bank.
• 2:18
  Basically getting all giddy talking about the introduction
• 2:21
  of the European Central Bank digital currency.
• 2:24
  You have the Fed now that's being rolled out here in the
• 2:27
  United States. They just sued Bitcoin Magazine
• 2:30
  for making fun of them, right? So it might seem like it's a big
• 2:35
  nothing burger. It might seem like noise, but
• 2:38
  the reality is that as bitcoiners, we have to break
• 2:40
  this Bitcoin echo chamber. Because the reality is that our
• 2:44
  opponents, right, central bank, central banks, Fiat money,
• 2:47
  really, they don't really have the truth on their side.
• 2:51
  Like if people had all the facts and they're like, OK, you're
• 2:56
  completely informed, you get to choose between 1:00 and the
• 2:59
  other 99.999, a percent of people would pick Bitcoin.
• 3:03
  Obviously it's deflationary and it's censorship resistant.
• 3:07
  Governments are always going to want to censor and they're
• 3:09
  always going to want to inflate because that's how they pay for
• 3:10
  themselves. So when we talk about Joe Rogan,
• 3:14
  we talk about Russell Brand. When we talk about Mr. Beast,
• 3:17
  even though it might not seem Bitcoin related, it's really,
• 3:20
  really important that these people use their platform
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  because it's a lot of normies, a lot of people that are not
• 3:26
  necessarily into Bitcoin and they use their platform to talk
• 3:30
  about Bitcoin. You've seen Tim Poole do this.
• 3:33
  You've seen Joe Rogan do this all in a positive light.
• 3:35
  Of course, I'm not sure if Russell Brand has mentioned
• 3:38
  Bitcoin. And this has all happened
• 3:40
  because the likes of Max Keiser have done the rounds on these
• 3:43
  shows and Max Keiser was telling people to buy Bitcoin since 2013
• 3:48
  and they heard this and they chose not to listen.
• 3:50
  And the and the number go up does its thing, right?
• 3:53
  And eventually number go up. You know, it's a very harsh
• 3:56
  teacher. And then people are just like,
• 3:58
  you know what, Max was pretty right about this Bitcoin stuff.
• 4:01
  And then they see what's going on with the government money and
• 4:03
  they're like, OK, this is crazy. Now we did have confirmation
• 4:07
  that Mister Beast. He did mention that he owned
• 4:10
  $1.5 million worth of Bitcoin on Logan Paul's show.
• 4:14
  So he does have Bitcoin. I don't think he takes it very
• 4:16
  seriously, but what I wanted to cover today is this legacy media
• 4:22
  hit piece on Mr. Beast basically criticizing him for him making a
• 4:27
  video where he made a wells and he supplied water, clean
• 4:33
  drinking water to 500,000 people in Africa and.
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  The media attacked him for this and their reasoning was
• 4:42
  basically like, he shouldn't have done this.
• 4:44
  It's making the local governments look bad.
• 4:47
  And then Adam back of course, chimed in.
• 4:49
  And I loved Adam Back's response because it was basically like,
• 4:53
  yeah, like governments are obsolete, the nation state is
• 4:57
  obsolete. This is a theory from the
• 4:58
  sovereign individual. So not only should Mr. Beast be
• 5:02
  promoting. Bitcoin on his massive platform,
• 5:05
  right? Because he does give away tons
• 5:07
  of Fiat dollars. Imagine if you just gave away
• 5:10
  Bitcoin instead still get views and also like look like the
• 5:16
  system is already attacking him for doing a good thing, I would
• 5:20
  say, right? So just a lot to unpack.
• 5:22
  And of course, like I mentioned in the beginning of the show,
• 5:25
  the European Union finally. Rolled out their digital
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  identity framework, and that digital identity framework is
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  gonna be tied with the European Central Bank digital currency,
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  which I think is an absolute disaster.
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  Like anyone who's looking at that.
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  And it's just like this is the most dystopian BS I've ever
• 5:44
  seen. You're kidding yourself, right?
• 5:47
  So we're going to talk about that today.
• 5:48
  We're going to break it down and what the long term consequences
• 5:51
  of a digital ID linked with money are going to be and what
• 5:55
  the better alternative is. And obviously when I say better
• 5:58
  alternative, of course I'm talking about Bitcoin.
• 6:01
  So overall it's going to be a great show.
• 6:03
  I'm really excited for it. And of course I have my
• 6:05
  legendary Co host who's always optimistic, the one of the only
• 6:08
  optimist fields. How's your smile today, bro?
• 6:13
  I'm doing great. I'm doing great.
• 6:14
  But hey, Nico, I'm, I'm obviously going to double down
• 6:17
  on this during the this Mr. V story, but who's going to build
• 6:21
  my roads if we don't have the government?
• 6:23
  Nico. Oh my goodness.
• 6:25
  Absolutely incredible. Just just love to see the free
• 6:28
  market. I am such an extremist,
• 6:31
  apparently. I'm, I'm, I'm trying to, I'm
• 6:32
  trying to come back to reality and come back to the normies,
• 6:35
  you know, I I understand that I scare them away sometimes, but
• 6:39
  someone's got to do it, Nico. Someone's got to do it.
• 6:42
  Yeah, I mean, there there is a really good piece that covered
• 6:45
  that, right? Who's going to build the roads?
• 6:47
  I feel like that would be a good episode.
• 6:49
  Ruston. If you're listening anyways,
• 6:54
  guys, it's going to be a great show.
• 6:57
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  Promo code simply at the time of recording the Bitcoin price is
• 8:31
  36,185. Stats Per Dollar 2764 Block
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  Height 816,015 Blocks to having 23,985 having Estimate April
• 8:46
  20th 2024 Total Lightning Network capacity 5296 Bitcoin
• 8:52
  Capacity Value 191 million U.S. Dollars Realized Monetary
• 8:58
  Inflation rate 1.74% The market capitalization of Bitcoin. $706
• 9:04
  billion with AB Bitcoin verse gold market cap 5.42% In the
• 9:13
  gram scheme of things, Bitcoin still a baby if and when I I
• 9:17
  don't even say if it's really a question of when Bitcoin reaches
• 9:21
  the market cap of gold. That would give one Bitcoin the
• 9:24
  price of I think it's like 500 to $600,000 per coin, right?
• 9:28
  So. I think in the grand scheme of
• 9:30
  things, we are still in the very early innings Speaking of Gen.
• 9:34
  Z and millennials in the younger generation, cuz we are gonna
• 9:37
  talk about Mr. Beast today. Natalie Burnell absolutely
• 9:41
  killed it on Fox Business yesterday.
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  I think they asked her a question about Gen.
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  Z. And she had a phenomenal answer.
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  So shout out to Natalie. Sounded like she did this off
• 9:54
  the top of her head, which is absolutely incredible because
• 9:57
  she ripped it. So let's check out the clip and
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  then opt and I will talk about it.
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  A symptom of broken money. And I think you would agree that
• 10:05
  incentives Dr. outcomes. And when our money is broken and
• 10:08
  real wages don't keep up with the cost of housing, education,
• 10:12
  retirement, then what is the incentive to work hard?
• 10:15
  If you work hard but can't retain the value of that work,
• 10:18
  then it's really hard to find a meaningful purpose.
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  And what do people with no purpose do?
• 10:23
  They distract themselves with pleasure and experiences and So
• 10:26
  what I think these younger generations really lack is
• 10:29
  economic hope that the future will be better if they work
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  hard. I mean in the 70s you could have
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  a one income household, purchase a nice home, afford a nice
• 10:39
  middle class life and today young people are seeing that
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  even 2 incomes plus a side hustle doesn't make ends meet.
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  So I think that's skewing the value system, even the morality
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  and what young generations really need is Bitcoin.
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  They need to be able to save and plan.
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  For the future with a form of money that can't be manipulated.
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  So fix the money. Fix the world, Charles.
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  You know, it's so funny because with that, with the Jen's ears
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  and so forth, they must also be angry.
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  Every day this memes come out and you just kind of triggered
• 11:06
  one in my head where the couple bought a house for 61,000,
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  didn't put any repairs into it, sold it for $1.7 million to the
• 11:12
  hedge fund, and then complain why these younger folks won't
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  work harder. So I was just reminded of that.
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  There's another aspect of this too, though, And the world is on
• 11:21
  fire, let's face it. And it's probably going to get a
• 11:23
  whole lot worse. And you say that Bitcoin is the
• 11:26
  currency of peace. Explain that.
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  Sure. So with Fiat, if people in power
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  want to finance a war, they can just print the money and spend
• 11:35
  it. But if you can't just make money
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  at the stroke of a key, then you have to ask permission of the
• 11:39
  citizens to spend their money. And so that would limit the
• 11:42
  government's ability to fight endless wars.
• 11:44
  And so I agree with those out there who say that Fiat is the
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  currency of war and Bitcoin is the currency of.
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  Piece because Bitcoin is about consensus, and with the
• 11:53
  incentives in Bitcoin, they benefit those who cooperate and
• 11:57
  play by the rules and put in the work.
• 11:59
  Bitcoin actually neutralizes greed because everyone who
• 12:03
  supports, mines or buys Bitcoin adds to the overall strength of
• 12:07
  the network. And so most importantly, instead
• 12:10
  of projecting the sort of kinetic power and going to war
• 12:14
  as a sign of strength, like America has done for many, many
• 12:16
  decades, why don't we go back to the value of building A?
• 12:20
  Prosperous and robust economy as a sign of strength that serves
• 12:24
  as an example for other nations and other people to emulate.
• 12:28
  We used to lead by example because great economies are what
• 12:31
  make great nations and that is what the American Dream was
• 12:34
  built on. And I think we can return to
• 12:35
  that with Bitcoin, you know? So I mean, look, we we we were
• 12:40
  talking about the concept of the Bitcoin Echo.
• 12:42
  First of all. Shout out Natalie.
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  Completely killed it. Check out her podcast Coin
• 12:47
  Stories Podcast. She does incredible interviews
• 12:49
  as well. That's number one.
• 12:50
  Number two, talk about the concept of breaking the echo
• 12:53
  chamber. Yes, like the fact that she's
• 12:58
  saying on legacy corporate media, even though I, I, I, I do
• 13:02
  gotta give it to Fox Business and this specific coast cuz he
• 13:05
  has been very kind to giving bitcoiners a platform.
• 13:10
  The the fact that she's saying that Fiat is the currency of
• 13:13
  war. And she's saying that on, I
• 13:18
  wouldn't call it mainstream, but the legacy television is a big
• 13:22
  deal, right? That is how you break the
• 13:24
  Bitcoin echo chamber. That's how you get the ideas out
• 13:26
  there. You keep reiterating them and
• 13:28
  repeating them and repeating them repeating them.
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  And then when people will start to build and connect the dots
• 13:32
  themselves and build those patterns in their minds, so.
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  Yeah, it's incredible. And the fact that she's talking
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  about the younger generations and how they're demotivated or
• 13:43
  unmotivated to work in a way that you can even say that the
• 13:45
  younger generations are nihilistic, Like if you're under
• 13:49
  the age of 35, like forget about buying a house like.
• 13:53
  You're priced out like it's incredibly difficult.
• 13:55
  You have to work multiple jobs just to make ends meet.
• 13:58
  You have less opportunities for the first time, like the
• 14:01
  specifically the millennial and Gen.
• 14:03
  Z generation. You have less opportunities than
• 14:06
  when your parents were growing up, even though the world is
• 14:08
  that much wealthier. What's going on here?
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  Well, it's Fiat money. The money is fundamentally
• 14:13
  broken, right? So it's shout out to Natalie,
• 14:16
  she absolutely killed it and she identified so many problems
• 14:19
  correctly and such a short period of time.
• 14:22
  So. Anyways, Opti, what are your
• 14:23
  thoughts on this brother? Yeah, first and foremost to this
• 14:28
  idea of like Gen. Z feeling the pain.
• 14:30
  I don't know if you guys are still on any other social media
• 14:34
  platforms, but I've been seeing a bunch of videos going viral on
• 14:37
  Twitter and on Instagram, and I guess they're coming from Tiktok
• 14:40
  as well, About kids basically just feeling the pain and
• 14:44
  wondering like, why? Why should I work harder if if
• 14:48
  my my salary isn't getting isn't keeping up with inflation or
• 14:52
  with, you know, the cost of living?
• 14:54
  Like, what's the point going on here?
• 14:56
  Why? Why are we doing this?
• 14:58
  And then they are also basically laughing at the idea that the
• 15:04
  older generations out there just telling us like work harder, you
• 15:07
  should just work harder, get another job.
• 15:09
  You know, I I bootstrap myself and it's really the cracks in
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  the facade are showing the Fiat system and I say it all the
• 15:17
  time, you know, the older generations have stolen from
• 15:20
  future generations. And here we are.
• 15:22
  We are the product of this. And we got to remember, there's
• 15:24
  so many zoomers and millennials out there that we outnumber the
• 15:28
  boomers. And they're all holding these
• 15:30
  overpriced assets and they're looking to dump on someone
• 15:34
  because they're about to retire. And here we are, like basically
• 15:37
  telling them to go F themselves because we don't want their
• 15:40
  stuff. Like we we don't want their
• 15:42
  plastic houses. Like we we don't want their
• 15:44
  dreams Like we want a system that isn't designed to steal
• 15:48
  from us. And people are waking up to
• 15:49
  this. We are born basic, you know, us
• 15:52
  millennials are the first digital Internet native
• 15:56
  generation and the zoomers grew up on the Internet.
• 15:59
  So it's so fitting to see the Gen.
• 16:02
  Zers become bit corners because digital money for a digital
• 16:06
  world makes so much sense. But of course that most zoomers
• 16:08
  have no money. Yeah, they they barely
• 16:10
  surviving. And what what what's the common
• 16:14
  idea out there in Normyland is like, oh, just you know, live
• 16:17
  for experiences, don't worry about your future.
• 16:19
  And so this is part of that fight of reprogramming the
• 16:22
  culture so that people understand, like, yo, you need
• 16:24
  to pay yourself. There's not going to be any
• 16:26
  government money out there to save you when you are older.
• 16:30
  You need to rely on yourself because there is no.
• 16:34
  Money, the Medicare thing aspect, to me it's just like,
• 16:37
  it's like that's such a scam. Like, it's insane.
• 16:40
  Money out of your paycheck? Like absolutely insane.
• 16:44
  But anyways, I was kind of thinking about this and I'm
• 16:47
  really glad this synchronicity, this video was being played
• 16:51
  today. I was thinking about this at
• 16:52
  dinner last night. Just like how, keeping this in
• 16:56
  mind, just all the zoomers and millennials out there and mainly
• 16:59
  a lot of women as well complaining about working jobs
• 17:02
  and they just wanna be house moms.
• 17:03
  And yeah, this is the scam of the modern world.
• 17:07
  Like, remember when or rather more for us, it's like the myths
• 17:11
  and the stories that your parents used to tell you of.
• 17:13
  Like, yeah, I used to work one job and I was able to provide
• 17:16
  for a family of four. You know, my wife stayed at
• 17:18
  home. I was able to provide for my
• 17:20
  kids to go to college and I used to buy candy bars for like
• 17:24
  nickels and quarters. And I was just thinking about
• 17:26
  that at dinner. And I'm like, man, like, can we
• 17:30
  actually ever go back to that and?
• 17:33
  Just to clarify also right? Just to be specific, right, it
• 17:36
  doesn't necessarily always have to be the housewife, it could be
• 17:40
  the house husband too and the wife could go out to work.
• 17:43
  But the point is, is that the Fiat system has forced.
• 17:48
  Both people in a couple to work. Yeah, I was.
• 17:52
  They couldn't take care of their they can't take care of their
• 17:54
  kid. They're both forced to work 100%
• 17:56
  and multiple jobs and side hustles and we can still barely
• 18:00
  provide for even, you know, paying rent for buying a home
• 18:04
  for a family of more than one person.
• 18:08
  So like, I was just thinking of this and and you know, kind of
• 18:11
  relating it to our world. And I was like, wow, like
• 18:14
  remember seeing those inflation charts like 1971 and stuff?
• 18:18
  Or or just thinking about the turn of the century and you
• 18:22
  know, the 50s and 60s, they would buy things for like
• 18:24
  pennies and Dimes and quarters and nickels.
• 18:27
  And I was like, wow, like could we ever really get back to a
• 18:30
  world like that with inflation so high and everything, the cost
• 18:34
  of living so high. And then I was just thinking,
• 18:36
  like, in the Bitcoin world, it's like as the price moves forward,
• 18:40
  you know, we're going to be just, we're going to be spending
• 18:41
  thousands of sats on things. And it's going to be like,
• 18:44
  remember when you know, a 3000 stats with a dollar, now it buys
• 18:47
  me, I don't know, lunch or something.
• 18:50
  It buys me dinner. Like it buys me a night out.
• 18:53
  And it's like, wow, OK, maybe we really are on the precipice of a
• 18:58
  a huge paradigm shift and so few people are already on the exit
• 19:03
  boat. And it's really about instilling
• 19:05
  these ideas of a freedom of, you know, of some frugality, of
• 19:11
  saving for your future because you can't depend on other people
• 19:14
  of having personal responsibility.
• 19:15
  This is stuff we talk about constantly and and it's not like
• 19:19
  it's not a pretty answer, you know, so many people are just
• 19:22
  like, hey, I'd much rather not work and just have the
• 19:25
  government provide for me than being like, sorry, sorry, bro.
• 19:28
  Like you're going to have to work.
• 19:29
  Like you're going to have to save, you're going to have to
• 19:31
  sacrifice, you're going to have to put something aside, allocate
• 19:35
  for future you because there's not going to be any safety net
• 19:39
  for us. I don't think there is a safety
• 19:41
  net for us. There's this illusion of a
• 19:43
  safety net and this kind of what I'm going to talk about in in
• 19:46
  the culture today is like the trust that people have in the
• 19:50
  system right now. I think it's cracking in real
• 19:52
  time and people are waking up to it.
• 19:54
  And of course This is why we're simply Bitcoin is because I
• 19:56
  really do believe if you are in the know and and especially like
• 20:00
  if you're not a bitcoiner, if you're not in the Bitcoin world
• 20:02
  and you're just kind of like looking around the world and and
• 20:05
  you have a good grasp of what's going on.
• 20:07
  Most people know what the problem is.
• 20:09
  They just don't know what the solution is.
• 20:11
  And the the solutions will be like oh just vote harder or vote
• 20:14
  the right people in versus being like no just don't use their
• 20:17
  money. Their money is the reason why
• 20:19
  you are. Basically enslaved right now
• 20:22
  you're I think I saw a metric Nico.
• 20:24
  And then and then we'll go on like I think I saw a metric and
• 20:26
  I'd have to go find this and you guys can Fact Check me that us
• 20:30
  millennials and zoomers, in the current world that we are living
• 20:33
  in we're basically living at a lower standard of living than
• 20:38
  peasants in the Great Depression.
• 20:40
  Like, this is absolutely insane. Yet we have all the modern
• 20:45
  comforts of technology and you know, we're we're in a Great
• 20:48
  Depression with memes like it's so much better now, but we're
• 20:51
  still basically peasants. It's absolutely insane.
• 20:54
  It's when you when you put the receipts and the numbers and the
• 20:57
  maths right by this side by side, you're just like this
• 21:00
  can't be real but it really is because we have the best bread
• 21:04
  and circuses ever right now and everyone's so distracted and and
• 21:07
  just caught up in the new current thing that they aren't
• 21:09
  realizing that their milkshake is getting drank right in front
• 21:13
  of them and they are getting for it.
• 21:15
  I drink your milkshake. That's such a great movie.
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  Highly recommend that movie. Anyways, guys, I want to give a
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  All right guys, let's hit the news.
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  Let's do it. The Daily News.
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• 24:00
  Anyways, let's talk about Mr. Beast 208,000,000 subscribers.
• 24:06
  Say that again, 208. Million subscribers.
• 24:14
  Remember Nickelodeon and all those channels that you would
• 24:17
  watch? You'd be like, this is great,
• 24:20
  you know this TV. You would think that those
• 24:22
  channels and legacy media would still have the most impact, the
• 24:28
  most reach. No, ladies and gentlemen, you're
• 24:31
  You're looking at the most watched creator on the face of
• 24:35
  the planet. He dropped a video yesterday.
• 24:40
  They got 74 million views, almost 75,000,000 views in five
• 24:46
  days. I think simply Bitcoin in its
• 24:49
  lifetime has 3 million and we're three years old.
• 24:54
  Just to kind of give you a reference of how massive that
• 24:57
  is. Most creators, including the
• 25:00
  biggest Bitcoin channels, don't don't even come close to that
• 25:04
  many views. And he did that with one video.
• 25:09
  That is an absurd amount of reach.
• 25:14
  He has languages in, he has channels in every language.
• 25:17
  He has it in Spanish, he has it in Portuguese.
• 25:19
  He dubs the channels and one of his biggest sticks, right.
• 25:23
  And we'll get to his latest video and how it, you know, the
• 25:26
  legacy media reacted to it. But one of his biggest sticks,
• 25:30
  and one of the things that got him famous, is he gives away
• 25:34
  cash, so he goes up to strangers.
• 25:36
  And he offers them $10,000 or $100,000.
• 25:39
  He does these like ridiculous. Like, I wouldn't call it
• 25:42
  ridiculous. I think it's insane, right?
• 25:44
  So if you can carry $1,000,000, you can keep it.
• 25:47
  He's being dead serious right now.
• 25:48
  By the way, he spends millions of dollars per video.
• 25:52
  That's how he manages to get so many views.
• 25:54
  This one video has 173,000,000 views.
• 25:58
  Just one video. That is an unconceivable amount
• 26:02
  of reach and views. That dwarfs anything that
• 26:06
  Bitcoin content creators make, including the biggest ones.
• 26:09
  So this is a huge, massive platform.
• 26:12
  I can't emphasize that enough. What if Mr. Beast, instead of
• 26:15
  giving away cash, right? Because we all know cash, to use
• 26:20
  Michael Saylor's words, it's a it's a melting ice cube.
• 26:23
  Fiat is a melting ice cube. He's giving away something that
• 26:26
  in 10 years is going to be worth half in 100 years is going to be
• 26:30
  worth a penny of what it's worth today, right?
• 26:35
  So imagine if you just gave away Bitcoin, it'd be a little bit,
• 26:37
  it would be a little bit harder, right?
• 26:39
  I I guess it would have to be like open Dimes, You know, It'd
• 26:41
  be a little bit less. It would have to be digital,
• 26:43
  right. There's something about, you
• 26:45
  know, physical cash that that, you know, makes for good TV,
• 26:50
  maybe, maybe, I guess the physical bitcoins that they gave
• 26:52
  back in the day. But yeah, he should use this
• 26:55
  platform to give away Bitcoin. We know that he owns Bitcoin.
• 27:00
  Yes, according to this article and I I remember this podcast,
• 27:04
  he went on Logan Paul's podcast. He confirmed that he had $1.5
• 27:08
  million in Bitcoin. I'm sure he doesn't.
• 27:10
  You know, I'm sure he's buying it because it's the thing to
• 27:12
  buy. I don't think he knows what it
• 27:13
  actually means. But the reason I wanted to bring
• 27:16
  it up today was this article by the corporate media, right?
• 27:20
  And the corporate media doesn't even come close to getting the
• 27:23
  amount of views and the amount of attention that this one
• 27:26
  individual with a YouTube channel does.
• 27:29
  But the way that he they attack it is just so ridiculous.
• 27:32
  And I think it's it really is an example of the misaligned
• 27:37
  incentives in the Fiat financial system.
• 27:42
  It goes on to say there's a Yahoo News article.
• 27:44
  It says while American YouTube Mr. Beast's goal was to provide
• 27:47
  clean drinking water for 500,000 people.
• 27:50
  Activists say his actions shamed the Kenyan government and help
• 27:54
  perpetuate the stereotype that Africa is dependent on handouts.
• 27:58
  Right, so even though he made a video that gave 500,000 people
• 28:07
  water in Africa, he built 100 wells using his money, right?
• 28:14
  They attack him for him because it embarrasses the government.
• 28:17
  And I just love the bitcoiners responses to this because
• 28:22
  they're just great. So first you have Allen
• 28:24
  Farrington that responded. And you have Adam back that
• 28:27
  responded as well. So Allen Farrington said the big
• 28:30
  problem with providing clean drinking water for 500,000
• 28:34
  people is that in the course of doing so, you draw attention to
• 28:37
  the fact that 500,000 people previously didn't have clean
• 28:41
  drinking water. On balance, that doesn't seem
• 28:43
  worth it. Now Adam back, I think he's, you
• 28:48
  know, he's embracing the sovereign individual.
• 28:51
  He's embracing the idea that, you know, the nation state is
• 28:55
  dying. Adam Back says, basically shows
• 28:57
  we need to face out governments just inefficient, corrupt,
• 29:01
  systematically incurable solution.
• 29:04
  Scrap it, but slowly by demonizing, opting out
• 29:08
  unilaterally. Buy Bitcoin.
• 29:09
  Opt out, someone replied. And he said.
• 29:15
  Cosmo Krickster said if Mr. Beast had just partnered with
• 29:19
  the government, he could have just spent a third of his money
• 29:22
  helping 10,000 people and 2/3. Could have gone into the pockets
• 29:25
  of government officials and functionaries, and this hub
• 29:30
  hubbub could have been billed instead as a successful
• 29:33
  partnership. Adam Back goes on to say, hey,
• 29:36
  politicians got to buy their Mercedes LS class.
• 29:39
  Pullman's right, just defund them unilaterally.
• 29:42
  Opt out, buy Bitcoin, then KD says there's a 0% chance
• 29:47
  government will ever be phased out, Adam Back said.
• 29:51
  Reed Snow Crash. That's what it will look like.
• 29:54
  Their relevance just shrinks over 100 year time frame to a
• 29:57
  largely ignored club in a globally properly free market
• 30:01
  with privatized everything. No one knows or cares who the
• 30:06
  president of US is and I and I, this is great and I remember I
• 30:10
  had the privilege of being able to hang out with with Adam at
• 30:17
  Bitcoin 2022 and one of the side events.
• 30:19
  I think Opti, you were there. And he mentioned this to me.
• 30:22
  He mentioned this example of like, this idea of, like, you
• 30:25
  just walk politics become so relevant that you walk by the US
• 30:29
  president and you don't know who he is.
• 30:32
  So this is, I guess, quoting from the book or quoting from
• 30:35
  the article. It says another man duck walls.
• 30:38
  A duck walks across the flight deck.
• 30:40
  Hello, everyone, he says cheerfully.
• 30:42
  Who are you? Tony says.
• 30:44
  The new guy looks crestfallen. Greg Ritchie says.
• 30:47
  He says. And then no one seems to react.
• 30:50
  He jogs their memory. President of the United States.
• 30:53
  Oh, sorry. Nice to meet you, Mr. President.
• 30:55
  Tony says, extended his hand. Frank Frost says extending his
• 30:59
  hand and looking forward. Don't mind me.
• 31:02
  So, like, yeah, I mean, I I, I want to read that entire passage
• 31:06
  because I don't know exactly what reference he's referring
• 31:09
  to. It's called Snow Crash, in case
• 31:12
  anyone is interested. But yeah, I mean, this is the
• 31:14
  theory from the sovereign individual that over time.
• 31:19
  Information technologies, the Internet and what the Internet
• 31:22
  allows, including Bitcoin, is going to make politics
• 31:26
  irrelevant. And I and I'm one of those
• 31:28
  people that truly believe in that theory and just that
• 31:33
  example of the legacy media attacking Mr. Beast for
• 31:37
  providing 500,000, you know, Africans with water.
• 31:43
  Because it makes a government look.
• 31:46
  Fad is just like the perfect representation of the
• 31:52
  misalignment of incentives in today's world.
• 31:56
  And remember, if if you just look at one article on its own,
• 32:00
  you would say that's a big nothing burger.
• 32:01
  But remember, this is the same legacy media that released the
• 32:06
  Wall Street Journal article last week that was used by Elizabeth
• 32:10
  Warren and Co. To write a letter to the White
• 32:14
  House for the Fin CEN? To introduce these crazy
• 32:19
  proposals, right, that would hamper the Bitcoin industry in
• 32:22
  the US. This was the same legacy media
• 32:24
  that attacked El Salvador when they made Bitcoin legal tender.
• 32:29
  This is the same legacy media that attacked Javier Miley.
• 32:34
  And his, you know, crusade of ending the central bank in
• 32:37
  Argentina. This is the same legacy media,
• 32:40
  and that same legacy media is now attacking, you know, this
• 32:44
  young YouTube who literally, like, if you see any Mr. Beast
• 32:49
  interview, this dude just wants to get views like that's his
• 32:51
  whole existence and shout out to him, 'cause he's very successful
• 32:54
  at it and he's just like, bro, it would be insane if we just
• 32:59
  built 100 wells in Africa. That would be a great fucking
• 33:03
  video. And they can't have that.
• 33:05
  But it also shows how inefficient governments are.
• 33:10
  It highlights the fact that their system of Fiat and their
• 33:15
  system of taxation and their system of this isn't really
• 33:20
  working so much. It's like it's really working
• 33:23
  for them, but it's not really working for everyone else.
• 33:27
  I tweeted this out a while ago and a lot of people liked it and
• 33:31
  I'm assuming it resonated with a lot of people.
• 33:33
  I don't have a problem paying taxes, and I do pay taxes, but I
• 33:37
  don't think people would have an issue with taxes if they
• 33:40
  actually got something in return.
• 33:43
  The issue is that we don't get something in return, right?
• 33:47
  That's the that's the problem, right?
• 33:49
  That that's why I think people are so bothered paying taxes,
• 33:52
  because it's just like, OK, I'm going to give you 20% of my
• 33:55
  paycheck if I'm in upper income, 45 or 39% or whatever.
• 34:01
  If you live in a certain state, even more than that and what
• 34:04
  exactly am I getting in return for that?
• 34:07
  Right. So yeah, man, I, I, I, I think
• 34:10
  that examples like this where it's the private sector doing a
• 34:17
  better job at services that governments are supposed to be
• 34:22
  doing, that's why you pay them to do, is just a great example
• 34:27
  of how inefficient it is. And that is why they have to get
• 34:32
  their propaganda arm to basically attack this young guy
• 34:38
  who's just like bro, I think this will get views like it.
• 34:41
  It's so it it it's such a misaligned incentive.
• 34:45
  And I just named a couple examples that relate to Bitcoin
• 34:49
  'cause this is a Bitcoin centric show, but without getting too
• 34:53
  outside, think about the last three or four years during the
• 34:57
  pandemic. And I'm sure there's a couple
• 35:00
  instances in your memory where you're just like maybe the media
• 35:04
  didn't have my best interest at heart.
• 35:07
  Right. Maybe.
• 35:09
  Maybe. Right.
• 35:10
  So yeah, man, this is, this is I I like this episode cause it's a
• 35:15
  little bit different. But this is another example of
• 35:18
  the separation of money and state and the disintermediation
• 35:20
  of information and money. So yeah, Mr. Beast in the very,
• 35:25
  very unlikely event that you're watching this.
• 35:28
  Very extremely small YouTube channel compared to your own and
• 35:32
  this specific show. Use your massive platform to
• 35:37
  give away Bitcoin instead of giving away dollars.
• 35:40
  And by doing that referencing back to Natalie's video, you fix
• 35:46
  the money, you fix the world, and you think you're doing good.
• 35:49
  Now by giving away Fiat, you'd be doing.
• 35:53
  Multiples more by giving away Bitcoin, because not only would
• 35:56
  you be giving away money to people, but by people taking
• 36:00
  that money, they'd be learning about Bitcoin and then they'd be
• 36:04
  changing their operating system in the process as well, right?
• 36:07
  So anyways, Opti, that's my take.
• 36:10
  What's your take on all this, brother?
• 36:12
  Yeah, there's so much stuff there that I that I want to kind
• 36:15
  of touch on 1st. I'm going to push back a little
• 36:17
  bit. I don't I don't really think
• 36:20
  it's Mr. Beast's platform to push Bitcoin.
• 36:23
  I I I think that's more on us. You know like his his thing and
• 36:26
  you said it is like he just wants to make light hearted
• 36:29
  videos that get views that people enjoyed that you know
• 36:33
  it's just high production I think that his his platform.
• 36:36
  So it it would be a totally off character if you just like did a
• 36:41
  whole video of like, let me teach you about Bitcoin.
• 36:43
  But besides that point, I wonder if he'd give millions of dollars
• 36:48
  like on open Dimes or something, you know, just or you'd seed
• 36:51
  phrases with passwords or whatever of millions of dollars
• 36:54
  of Bitcoin to people. Like would people actually take
• 36:58
  it? Like, I think that's a pretty
• 36:59
  good video. You know, I could give you $10
• 37:01
  million of of Bitcoin here and I wonder if people would actually
• 37:06
  take it or if people would just like walk past him on the street
• 37:09
  versus like it's it's so obvious like oh here's $1,000,000 take
• 37:12
  as much as you can carry and that's yours.
• 37:14
  It's like people would it just instantly clicks to people.
• 37:17
  So that I think that would be like a good, I don't know,
• 37:21
  thought experiment of where we are at the culture right now.
• 37:26
  But with all that being said, what was his YouTube audience?
• 37:29
  220 million or something like that?
• 37:31
  Like if his total audience was exposed to Bitcoin like that
• 37:35
  would be huge. The network effects of Mr.
• 37:37
  Beast, that would be absolutely incredible.
• 37:39
  I get what you're saying. His I know, I know.
• 37:42
  I know. I know that.
• 37:42
  But I know, I agree. But like, and there's people in
• 37:46
  the chat like, yeah, I don't even know who Mr. Beast is.
• 37:48
  I've never seen a video. It's like he's the biggest
• 37:50
  YouTuber, period. Like, no one comes close to him.
• 37:53
  So of course if someone of that size platform was embracing and
• 37:58
  pushing Bitcoin constantly, like this would flip overnight and
• 38:02
  that would be incredible. The the network effects of that
• 38:05
  many people following and becoming bitcoiners would be
• 38:08
  absolutely incredible. And next to the point, like, I'm
• 38:11
  almost positive. Of course, like $1 million to
• 38:15
  Mr. Beast is probably chump change.
• 38:17
  But I did hear an Andrew Schultz interview with him and that's a
• 38:20
  funny story I guess. Again, pretty sure Mr. Beast is
• 38:23
  a bit corner. His house got robbed and all his
• 38:25
  designer clothes got stolen and on his laptop he left like a
• 38:30
  sticky note with the password to his seed phrase.
• 38:32
  And it was like AI don't know, $1.5 million or something like
• 38:35
  that. And he that was the only thing
• 38:38
  he cared about and he went in his computer and they stole
• 38:40
  everything but that And he's like OK instantly just, you
• 38:43
  know, moved his Bitcoin to a different wallet.
• 38:46
  So I'm pretty sure he is a bitcoiner.
• 38:49
  Of course breaking the echo chamber is is a concept that we
• 38:52
  like to talk about And if he was embracing Bitcoin or rather just
• 38:56
  doing a video of like here's $10 million on in Bitcoin, like
• 39:00
  would you take it? Like I wonder if people would
• 39:03
  even care about that Maybe it's maybe it won't get enough views
• 39:06
  so you know that's probably why he hasn't done it.
• 39:08
  But back to the main point here, my Rd.
• 39:12
  Who would build my roads if we didn't have a government that
• 39:15
  centralizing building the roads? Man, you just love to see
• 39:20
  entrepreneurs like Mr. Beast and and he's a philanthropist like
• 39:24
  that's one of his life goals, is to help people.
• 39:27
  And he's damned if he does, Damned if he does it.
• 39:29
  I just. Think he just loves making
• 39:31
  videos, bro? Well, he does.
• 39:32
  Of course he. Does like he's just like I wanna
• 39:34
  make a I wanna course he did but but he really.
• 39:37
  Viral, of course, Of course. But he definitely has that
• 39:43
  philanthropic view where he, like, wants to help people.
• 39:45
  That's kind of what his platform really is, you know, giving them
• 39:48
  smiles but also helping people financially.
• 39:50
  And he gives out like turkeys and all this stuff.
• 39:52
  What a better way to help What? Name me a better way not to help
• 39:56
  someone than by giving them Bitcoin, bro.
• 39:58
  I agree. That's what I'm saying.
• 40:00
  Like, I totally agree. I totally agree.
• 40:02
  Hence why we need to keep beating on that drum.
• 40:06
  But it just goes to show, and this is what a lot of bitcoiners
• 40:09
  talk about. But the free market will solve
• 40:12
  everything entrepreneurs can solve and go way over the top in
• 40:16
  comparison to what governments can solve.
• 40:18
  And Mr. Beats, you know, damned if he does, damned if he
• 40:21
  doesn't. It helps thousands of kids get
• 40:23
  clean water and clown world media responds by oh, you
• 40:27
  shouldn't have helped people because you're embarrassing the
• 40:30
  government. Like absolutely insane, insane,
• 40:34
  insane media coverage people. Really are lost in the sauce.
• 40:38
  It's absolutely incredible that this is where we are in the
• 40:40
  world. And then on that last point
• 40:41
  Nico, the the last point you were talking about is like
• 40:44
  taxes. You know we're we're we're not
• 40:46
  going to go too far into it. But CJ did.
• 40:50
  I did at TTO with him this week and he mentioned something and
• 40:54
  and you know, I like giving visuals because I'm a visual
• 40:56
  learner and we know at least here at simply Bitcoin and if
• 41:00
  you're a bitcoiner, you know this very, very simply as well.
• 41:03
  But most people out there do not understand or cannot connect the
• 41:07
  dots. But here I have the US debt
• 41:10
  clock, usdebtclock.org and I think everyone knows or everyone
• 41:14
  has heard this metric here. U.S.
• 41:16
  National debt is about to hit $34 trillion and it's constantly
• 41:22
  going up at what, hundreds of thousands, millions of dollars
• 41:25
  every hour? You know they they're constantly
• 41:28
  printing hundreds of billions to give to whatever the flavor of
• 41:31
  the week is. And we know that they're going
• 41:33
  to go over budget by what was it like $1.5 trillion in the last
• 41:37
  quarter of the year. And we we see these numbers
• 41:40
  constantly about oh the US debt just constantly going up.
• 41:44
  But what CJ pointed out to me and it it's I thought this was
• 41:47
  very interesting is here is the US federal tax revenue and if
• 41:52
  you notice it's what 100,000 million billion, $4.4 trillion
• 41:58
  and it's going down guys, it's going down.
• 42:01
  What does this mean that the amount of money that the
• 42:04
  government is taxing you is dwindling and the amount of
• 42:09
  spending that they are doing is going exponential.
• 42:13
  So even by the the, the pure math of this, it makes
• 42:17
  absolutely no sense and they're going to constantly print more
• 42:21
  money. They're literally just making
• 42:23
  stuff up out of thin air. And This is why the zoomers out
• 42:26
  there, the millennials out there, like why are we paying
• 42:29
  taxes anyways? Not only is my wage is not
• 42:31
  keeping up with the cost of living, but the tax amount by
• 42:35
  ratio that the government is taxing me is increasing and
• 42:38
  they're always finding new ways to tax me.
• 42:41
  And it won't ever even come close to touching the US
• 42:44
  national debt. Like, what the hell is going on
• 42:46
  here? Why isn't the mass is not
• 42:48
  massing for us and yet the boomers out there and and the
• 42:53
  politicians are out there. It's like, oh, just work harder,
• 42:56
  pay your fair share. Like you guys are so entitled.
• 42:59
  It's like we're the only ones looking behind the veil and
• 43:02
  showing that this shit is messed up.
• 43:05
  Excuse me for cussing, but this is the stuff that gets us
• 43:07
  absolutely triggered on the show.
• 43:10
  Oh my goodness. Oh my God.
• 43:12
  Yeah, man. Yeah.
• 43:13
  No, Preach Opti. Preach St.
• 43:15
  Opti. All right, everybody.
• 43:17
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  All right, everybody, let's hit the culture.
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• 44:39
  All right guys, before I go on, I've been telling you guys for a
• 44:43
  while that as the price starts to run, I will probably be going
• 44:48
  more and more bull tarted. So in the you can't vote for me
• 44:54
  in the theme of that flavor, here I'm go.
• 44:59
  I think I'm going to constantly try to give myself some sober
• 45:02
  reflection on the show and remind myself why I do what I
• 45:06
  do, because I already know once big number goes bigger, we're
• 45:09
  gonna get absolutely crazy. And for you guys that have only
• 45:11
  been in Bitcoin for a bear market, just know that bull
• 45:14
  markets get absolutely crazier than you could even imagine.
• 45:17
  The scammers come out of the woodworks, the price goes nuts.
• 45:20
  You wake up every morning and your net worth goes up by
• 45:23
  thousands and thousands of dollars or hundreds, whatever,
• 45:26
  What depending on what you're holding is.
• 45:29
  So I'm going to do my best to stay as sober as possible
• 45:33
  throughout this whole thing. And part of that is remembering
• 45:35
  why we do what we do and shouts out the Pierre Richard I know
• 45:40
  what's the Bitcoin price right now?
• 45:41
  We're roughly around 36.5 right now.
• 45:45
  You know this week we saw the price go up.
• 45:47
  We're we're, we're starting to see little pumps for ants and
• 45:51
  everyone's thinking they're God candles.
• 45:52
  And you know this is the beginning of it.
• 45:54
  You're starting to see the price get frothy and in that flavor,
• 45:59
  in the faith of trying to stay as sober as possible.
• 46:02
  Pierre Rochard dropped an awesome thread, an awesome tweet
• 46:05
  here and it was Satoshi white paper day, what last week.
• 46:09
  And I love doubling down on reading the white paper because
• 46:14
  it just goes to show and it really does kind of circle in
• 46:17
  to. The conversation we're having
• 46:19
  today is you're seeing everywhere around the world that
• 46:22
  people slowly but surely are losing trust in the system.
• 46:25
  Either they're losing trust in the media, they're losing trust
• 46:27
  in the financial institutions, they're losing trust in the
• 46:30
  politicians and to many extent losing trust and faith in
• 46:35
  humanity. And I think Bitcoin brings us
• 46:38
  all back to why we do what we do in the 1st place.
• 46:42
  So here's Pierre Rochard AKA at Bitcoin Pierre on Twitter and he
• 46:45
  goes as we enter the next bull market.
• 46:47
  Here is a summary of Bitcoins fundamental value based on a
• 46:51
  quote from Satoshi Nakamoto. Again, as the price starts going
• 46:54
  crazy, you wanna remember your Bitcoin fundamental.
• 46:56
  Do you wanna know why you're here in the 1st place?
• 46:58
  Because you might you might get greedy, make might, get caught
• 47:02
  with your pants down and get wrecked.
• 47:03
  So here we go. First, we have to trust that
• 47:06
  central banks won't create too much money and reduce its value.
• 47:09
  However, history shows us that this trust is inevitably
• 47:12
  betrayed. Bitcoin fixes this problem
• 47:14
  because there's a limited amount of Bitcoin that can ever exist,
• 47:17
  21 million. And this number can't be changed
• 47:19
  because the network is decentralized.
• 47:21
  With commercial banks, we put our money in their hands, hoping
• 47:24
  it will be there when we need it.
• 47:25
  Yet banks lane that lend out that money, which leads to
• 47:28
  panics and financial crises. SVB and 2008 Bitcoin is
• 47:32
  different because it allows people to be their own banks.
• 47:34
  You can store your Bitcoin securely and don't have to rely
• 47:37
  on any institution to manage it for you.
• 47:39
  When we use banks, we have to give them a lot of our personal
• 47:41
  information and we have to trust them to protect it.
• 47:44
  Unfortunately, this information can sometimes be stolen,
• 47:47
  resulting in financial loss. Bitcoin offers a more private
• 47:50
  way to transact because you don't have to reveal your
• 47:53
  personal information to use it. However, it's worth noting that
• 47:56
  while Bitcoin transactions are synonymous and can offer a
• 48:00
  degree of privacy, there are also public and can be traced if
• 48:03
  an individual's wallet address becomes associated with the real
• 48:06
  identity. With traditional banking, you
• 48:07
  have to trust that the bank will let you withdraw your money when
• 48:10
  you want to add when you want to, and won't block your
• 48:12
  transaction. With Bitcoin, you have full
• 48:13
  control over your money. You can send it to anyone,
• 48:16
  anywhere in the world without needing permission from any
• 48:18
  corporation or government. Bitcoin is freedom money.
• 48:20
  It empowers its users and this is what we always try to show
• 48:24
  you guys. What is bitcoins fundamental use
• 48:29
  case? How is this going to add value
• 48:30
  to you today? It is your money that you
• 48:33
  control property that you can send anywhere in the world
• 48:35
  without someone telling you otherwise.
• 48:37
  And again, I love to, I love rereading some of the stuff.
• 48:40
  Satoshi Rhodes, because he was he was so prescient.
• 48:43
  He's so on point and here we are and we are.
• 48:45
  We constantly been showing this to you guys on the show.
• 48:48
  Whether it's the disintermediation of information
• 48:52
  because of the Internet, whether it's the pendulum swinging and
• 48:56
  people mistrusting media, you know, the monopoly on truth
• 49:00
  crumbling. We are seeing that the trust
• 49:02
  that is inherent in people, people want to trust the people
• 49:06
  in the suits. People want to trust that their
• 49:09
  government is doing good by them.
• 49:13
  But we're seeing in real time that a lot of people are are not
• 49:15
  trusting them anymore. And it really reminds me of the
• 49:18
  only reason we are continuously able to kick the can down the
• 49:22
  road is because people still trust in the system.
• 49:25
  And here we are, Satoshi 2009, February 11th The real problem
• 49:29
  with conventional currencies. All the trust that requires to
• 49:32
  make it work. Central bank must be trusted not
• 49:35
  to debase the currency, but banks must be trusted to hold
• 49:38
  our money. We have to trust them with our
• 49:40
  privacy. Their massive overhead costs
• 49:42
  make micro payments impossible. It's all trust based guys and
• 49:46
  we're constantly showing you. We're constantly bringing the
• 49:48
  receipts that you cannot trust the numbers they're giving you.
• 49:52
  You cannot trust these people to protect you.
• 49:56
  When things go down, we know they're only looking out for
• 49:59
  themselves. So take back personal
• 50:01
  responsibility. Trust in yourself a little bit.
• 50:03
  Pay yourself first. And part of this goes into what
• 50:06
  we constantly tell you guys on the show.
• 50:08
  You know I say it all the time. Fit, body, fit, mind, fit, soul.
• 50:11
  But what gets lost on most people is that humans inherently
• 50:15
  will need to trust. So part of that is building a
• 50:18
  community around you that you can trust.
• 50:21
  It is having people, like minded individuals that you know you
• 50:24
  can rely on if shit ever hits the fan.
• 50:26
  This is all part of the game going on.
• 50:30
  There will always be trusted institutions like you will
• 50:33
  always have to trust people. This is just part of the game.
• 50:36
  But the beauty of Bitcoin, it is a trustless money.
• 50:39
  And by that very nature of you not having to trust the money,
• 50:44
  you can trust people that are also on the Bitcoin standard.
• 50:47
  And here we are guys, the price is going, the price is getting
• 50:50
  kind of frothy. It's just a reminder to remind
• 50:53
  yourself every single, I don't know, a couple of weeks.
• 50:56
  Why are you in this position in the 1st place?
• 50:58
  Why are you a bitcoiner? It's because the trust is
• 51:02
  breaking down in the system. The trust in legacy media is
• 51:05
  breaking down. The trust in politicians is
• 51:07
  breaking down. The trust in bureaucrats is
• 51:10
  breaking down. And so we're going back to a
• 51:12
  local level where you don't have to trust them anymore.
• 51:14
  Build up a community around Jim around you.
• 51:17
  Trust yourself a little bit. Trust that you have a real
• 51:21
  understanding of how the world works, that you know how reality
• 51:24
  works and nature will reward you.
• 51:26
  Life will reward you. Trust in yourself.
• 51:28
  Stop looking around at everyone else and wondering what they're
• 51:31
  doing. You know what's going on in the
• 51:33
  world because you're a bitcoiner.
• 51:34
  You have good fundamentals, and if you ever get lost in the
• 51:37
  sauce because the price is going crazy, there's a new fund.
• 51:40
  You have to. Tune into simply exactly, Or you
• 51:44
  remind yourself why are you doing what you're doing.
• 51:47
  Because this is the most important thing.
• 51:49
  You will have to make it through the hotto buyout zone.
• 51:51
  You will have to ask yourself at a certain price, do I want this
• 51:57
  or do I want to hold my Bitcoin this morning and it's going to
• 52:00
  get crazy guys? And just just remember that the
• 52:03
  media doesn't have your best interests in mind.
• 52:05
  If you're an entrepreneur and you're doing good in the world,
• 52:08
  you're going to get ridiculed. So you might as well pay
• 52:11
  yourself for saving Bitcoin. Build a community of like minded
• 52:14
  people around you. Build a life that you want to
• 52:16
  live because no one else is going to care about you and your
• 52:21
  family and your responsibilities and your duties if you don't.
• 52:24
  So trust in yourself. Know that this is working.
• 52:28
  Know that we're winning and know that you're going to have to put
• 52:31
  in the work. And hopefully more and more
• 52:33
  people are waking up in real time and more and more people
• 52:37
  will be talking about Bitcoin. And so this is going to be one
• 52:39
  of those things. I think it's going to be a
• 52:41
  reoccurring theme of a you know get sober opti up on here
• 52:44
  because I'm going to be losing my mind.
• 52:46
  I I can already tell you right now, I I know for a fact that I
• 52:50
  will be losing my mind. You're out the the bull run.
• 52:53
  So you know, I guess maybe the big Short don't Dance meme might
• 53:01
  be a good meme here. Just just try to stay sober,
• 53:04
  help people, be compassionate, know that we're right, and as
• 53:08
  the Bitcoin price goes up, there will be more flood lines.
• 53:10
  There would be a lot more hate coming out.
• 53:13
  But if you're protected, if you have your Bitcoin in custody,
• 53:17
  cold storage, live life, man, live life and prosper as of now.
• 53:27
  Oh man, dude, Opti St. Opti going in hot preaching
• 53:31
  Satoshi's gospel. Yeah, things are going to get
• 53:33
  crazy for sure. I think this bull market, I feel
• 53:37
  good about it. I feel good about it.
• 53:39
  I think a lot of us were let down by the previous bull market
• 53:42
  and I think this, this upcoming bull market is going to surprise
• 53:45
  a lot of us. And you gotta bunker down.
• 53:49
  You gotta take self custody. Run your own node.
• 53:51
  I recommend the start. Nine.
• 53:52
  It's freaking awesome. Highly, highly recommend it.
• 53:55
  They got a special deal too. Check out the video description
• 53:59
  to know more. But yeah man, take self custody.
• 54:02
  Stay humble, Stack SAT. Stay solvent.
• 54:04
  Run your own node. Do your own research, bro.
• 54:09
  Yeah, and the chats Chat's going wild.
• 54:12
  Anyways, Opti, is it time to review some memes?
• 54:14
  I think it's time. Let's do it.
• 54:16
  Enough wisdom. The Daily Meme Review What?
• 54:27
  Were you saying about wisdom? I said enough wisdom for today.
• 54:34
  All right, guys, you know the deal.
• 54:36
  This is the meme review but you tag us on Twitter at simply
• 54:40
  Bitcoin TV. Some of you guys are still
• 54:42
  tagging my Twitter. I'll.
• 54:44
  I'll take it. But it's still.
• 54:45
  It might get crazy soon so I'll tell you soon enough.
• 54:48
  Don't tag me. Drop simply Bitcoin TV on your
• 54:52
  memes. Your favorite memers memes or
• 54:55
  drop them in our telegram group. T dot me slash Simply Bitcoin
• 54:58
  TVI look in there as much as possible.
• 55:02
  Yeah, at Optimus Fields. Get my follower, count up.
• 55:08
  You know tweets are the bullets. Memes are there Chili, we are in
• 55:10
  an information war and and actually the theme of today.
• 55:14
  You know drop Bitcoin memes in your family chats on Facebook.
• 55:17
  Literally everywhere outside of Bitcoin.
• 55:19
  Twitter. So they think the memes
• 55:22
  propagate. The memes, They literally said
• 55:25
  it on the Fox Business thing, bro.
• 55:27
  On the Natalie Burnell thing, they got their power.
• 55:29
  Yo, those memes, bro. Those memes from those
• 55:32
  millennials, man. Those Zoomers.
• 55:35
  It's working. Keep terrified of the memes,
• 55:38
  guys. Keep up the pressure.
• 55:39
  Keep killing the corporate press.
• 55:41
  Keep making the funnies, Keep getting the calls of actions.
• 55:46
  We are in an information war and we are winning.
• 55:48
  Though they will try to psyop you into believing that we're
• 55:51
  not winning because they have the media machines and all we
• 55:54
  have is memes. David versus Goliath.
• 55:56
  We have the memes. They have the the media
• 55:59
  infrastructure. But we're winning.
• 56:00
  We're so winning. We're so bad.
• 56:02
  It's so winning. All right.
• 56:04
  Anyways, 1st meme is by Maxi's club and we we got this big
• 56:10
  corner here and it it's kind of a play of the like.
• 56:14
  Confused you know Zoomed in, not showing, not sure where you are
• 56:19
  right here and goes your low priority track.
• 56:21
  Zach transaction in the meme pool and we got to be where am
• 56:24
  I? What am I doing here?
• 56:26
  Am I real? Am I ever going to?
• 56:29
  Am I ever going to get confirmed?
• 56:31
  I don't know what's going on with the mempools right now, but
• 56:33
  I think there's some kind of like Bitcoin, NFT, ordinal
• 56:37
  things. The Pepes definitely have like
• 56:39
  an accent or something. Yeah, yeah, where am I?
• 56:42
  Where am I? What am I doing here?
• 56:45
  What am I doing? Oh yeah, there there's the
• 56:49
  mempools are getting clogged up and now is the time that you
• 56:54
  should try to consolidate some you ticks up.
• 56:57
  I don't do how to do that. Or rather when when it gets cool
• 57:01
  again Malaga. Yeah, when it when it when the
• 57:06
  men pool comes down and gets normal again.
• 57:09
  Consolidate All right next one shout out the chair force at
• 57:14
  chair force BTC. And it's the the classic meme
• 57:17
  and the, you know, pointing at his head thinking and he goes,
• 57:19
  remember just 'cause you're effing ugly doesn't mean that
• 57:22
  your future wife has to be buy Bitcoin.
• 57:28
  Oh, chair forces a go. I love this one.
• 57:30
  You guys are going to like this one.
• 57:31
  How'd this one not get more views or more like, all right,
• 57:34
  next one shout out to Copernicus, AKA at Copernicus's
• 57:37
  son on six. Don't follow him because he's
• 57:38
  nasty. But it goes.
• 57:41
  You can get it gung hot. Are we still come here?
• 57:45
  He broke. Copernicus is in jail right now.
• 57:48
  Yeah, it's all right. This was a PG meme.
• 57:50
  This is PG. Is PG.
• 57:52
  It goes you can. And this is the new play, the
• 57:55
  Bitcoin Hotline Bling Drake meme, where he's going no and
• 57:58
  yes. All right, so first one is no,
• 58:02
  like don't get a young hot dependent girlfriend.
• 58:04
  No get yourself an elderly Fiat Cantillionaire stack
• 58:08
  accordingly. Or not.
• 58:11
  And here's the picture. Like now it is some cute girl.
• 58:13
  And yes to Chrissy Lagarde Is this is your problem?
• 58:17
  You started this? OK, all right.
• 58:22
  Next meme is by Rd. under score BTC on Twitter and he goes
• 58:25
  orange pill versus blue pill explainer hashtag Bitcoin
• 58:28
  hashtag, current thing. And we got the red pill, the
• 58:31
  Bitcoin on the right side. And then we have the blue pill
• 58:35
  and the normie thing on the left side, which is I support the
• 58:39
  current thing. It really blows my mind how
• 58:44
  quickly people are on to the new current thing that they're
• 58:47
  supporting. Even Bitcoin has fault for this
• 58:49
  too. This is why I always give you
• 58:50
  guys just Evergreen Bitcoin fundamental content and you guys
• 58:53
  are always like repeating himself.
• 58:56
  I refuse to follow the new current thing.
• 58:58
  I'm so social media is draining and the new current thing is
• 59:02
  even more draining. Okay.
• 59:03
  Next one is current thing. I don't know.
• 59:06
  Aren't you listening to me? I'm not paying attention to the
• 59:08
  new current thing. Wow.
• 59:10
  This is the way. This is the way.
• 59:11
  Unplug, find bitcoins, then go live life.
• 59:14
  Good food. This is the way.
• 59:15
  OK next one is Beaver Bitcoin under score and it goes.
• 59:17
  Bitcoin is permission less and it goes. 40 plus trillion
• 59:21
  dollars in transaction volume. Zero permission required.
• 59:26
  You do not need to ask permission to use Bitcoin.
• 59:29
  This is a feature, not a bug. $40 trillion You're so bad at
• 59:34
  the sound board. $40 trillion in transaction volumes with no one
• 59:39
  asking for permission to do it. Love to see it?
• 59:42
  OK, next dude, someone get the soundboard away from him.
• 59:46
  He's horrible at it. OK, next one is by Collector of
• 59:50
  Sads at Holding Sads and it goes Can't steal my Bitcoin again.
• 59:53
  This is the new hot meme template here the The Hotline
• 59:56
  Bling with the Bitcoin logo. And it goes no don't steal from
• 1:00:00
  me, Yes, you can't steal from me.
• 1:00:03
  This is the way. I'm not asking you politicians
• 1:00:06
  do not steal from me anymore. I'm telling you, you can't steal
• 1:00:09
  from me anymore. This is the way.
• 1:00:11
  All right, last one is by Brian De Mint on Twitter.
• 1:00:13
  And it goes. When people realize that the
• 1:00:15
  money is the problem, things will change.
• 1:00:17
  Let's build a better system. Buy Bitcoin, earn Bitcoin, spend
• 1:00:20
  Bitcoin, accept Bitcoin. And here we are.
• 1:00:22
  Here's a picture of a lefty academic progressive.
• 1:00:29
  And he goes, I don't trust big business monopolies.
• 1:00:31
  And then we got a righty, you know, cowboy.
• 1:00:35
  And it goes, I don't trust the government.
• 1:00:37
  And then on the right side, it's the Federal Reserve and it goes.
• 1:00:39
  And yet both trust a government endorsed big business.
• 1:00:43
  Monopoly on money couldn't make up.
• 1:00:46
  Guys, do not fall for the left or right.
• 1:00:49
  It is orange versus green. It is freedom versus
• 1:00:52
  collectivism, freedom versus slavery, individualism versus
• 1:00:55
  collectivism. This is the way guys trust in
• 1:00:58
  yourself. You can do it.
• 1:01:00
  I know you can't, dude. You're so bad at this.
• 1:01:05
  You're literally the worst at it.
• 1:01:06
  Oh man, It's addicting, bro. It's a It is addicting.
• 1:01:09
  It's addicting. It's AI, see?
• 1:01:11
  You need to learn how to. You need to learn how to use it.
• 1:01:12
  See. See.
• 1:01:13
  But you're you're you're recovering Malacca.
• 1:01:17
  You're recovering soundboard addict, bro.
• 1:01:20
  Because you know used to be out of control.
• 1:01:23
  And Malacca. Yeah.
• 1:01:27
  Yeah. You learned you learned you
• 1:01:29
  learned discipline. You.
• 1:01:31
  No. Like, no, I think.
• 1:01:33
  I think it alright, alright, alright guys, drop.
• 1:01:36
  Drop your meme review store in the Chat drop.
• 1:01:38
  Drop your meme review in this in the chat.
• 1:01:40
  You should have already dropped it.
• 1:01:42
  But before that guys check out our merch.
• 1:01:45
  Check out the Simply Bitcoin Merch.
• 1:01:47
  It's you could scan the QR code or you can check the link in the
• 1:01:51
  video description. Yeah, that really helps us guys
• 1:01:54
  also. Also, I don't mean to cut you
• 1:01:57
  off any shirt. Yeah yeah, simply Bitcoin merge.
• 1:02:00
  We are in talks with a Bitcoin artist right now.
• 1:02:04
  We're literally going back and forth trying to find a really
• 1:02:06
  cool design for you guys. We we you know I'll get the
• 1:02:10
  hats. I know math.
• 1:02:11
  Matthew Jay. I know I'll get you the hats as
• 1:02:13
  well. I think maybe our next drop what
• 1:02:16
  you. Know math.
• 1:02:18
  I barely know math. Barely know math Math's just
• 1:02:22
  hard. Yeah, but it really does help
• 1:02:24
  guys. It really, really does help.
• 1:02:26
  So you want to support the show? Buy yourself a shirt or a
• 1:02:30
  hoodie. Really, really helps us the
• 1:02:31
  stack stats first a. Lot stack simply Bitcoin merch
• 1:02:35
  second. Yeah, exactly.
• 1:02:37
  But if you feel inclined, OK anyways.
• 1:02:42
  Anyways, Hammer. Saw gives the memes Coinbase
• 1:02:48
  seeking a regulatory Moat from Big Daddy Government Facts,
• 1:02:52
  though. Daddy Government.
• 1:02:53
  This is a good. One Nigel gives the memes
• 1:02:57
  Chrissy's boat. Yeah, yeah, Chrissy, Chrissy's
• 1:03:02
  on a boat. I saw that picture.
• 1:03:06
  Wow. Opti was caught in 4K in the
• 1:03:08
  French Riviera. How was that, Opti, by the way?
• 1:03:10
  Dude, the French Riviera is beautiful.
• 1:03:14
  And on a yacht, it's even more beautiful.
• 1:03:17
  OK, Pood in the cereal gives the memes.
• 1:03:19
  Lagarde's Bikini Bottom. SpongeBob.
• 1:03:23
  SpongeBob Reference. This is SpongeBob reference.
• 1:03:26
  Andrew Williams. No, no, no, no, no.
• 1:03:31
  All right, Bitcoin for Canadians.
• 1:03:34
  I give the memes a happy Thursday with a roast beef
• 1:03:37
  sandwich. Poof.
• 1:03:38
  I love roast beef. OK, roast beef and cheddar.
• 1:03:41
  Heefy boy. I give the memes the excuse I
• 1:03:44
  gave my boss for coming. Coming back from lunch late?
• 1:03:47
  Yes, Sheefy gets it. I did it.
• 1:03:51
  Hold on. Mr. Optis Fields oh, we didn't
• 1:03:55
  get, we didn't get to the digital IDs today.
• 1:03:58
  We'll get to it tomorrow. Show God damn it, No.
• 1:04:02
  Bro, it was it was going long. I I talked a lot about Mr.
• 1:04:05
  Beast. Anyway, tomorrow one you're so.
• 1:04:09
  Low time. Yeah bro.
• 1:04:10
  He's the best YouTuber on planet Earth.
• 1:04:13
  When you're so low time preference, you get an elderly
• 1:04:16
  Fiat Contilion Air first, inherit all her wealth, and then
• 1:04:19
  you get yourself an attractive girlfriend.
• 1:04:26
  That is the way. That is the way.
• 1:04:27
  That is the hold on, hold on, since since we're on the theme
• 1:04:33
  of abusing the Soundboard Opti's digital ID, Mr. Opti feels
• 1:04:37
  Cantila and her boyfriend. Yeah, listen, that's cool.
• 1:04:43
  Motherfucking boy wisdom. Wisdom.
• 1:04:45
  That was actually pretty good. That was actually a good use of
• 1:04:48
  the. Soundboard.
• 1:04:48
  Yeah, so wait. Wait.
• 1:04:50
  Wait. Wait.
• 1:04:50
  Wait. Wait.
• 1:04:51
  Wait. Wait.
• 1:04:51
  Any scores on Rumble? Yeah, I was just about to say
• 1:04:54
  no, not, not today. Not today.
• 1:04:56
  Not today. All right guys, if you enjoyed
• 1:04:57
  the show, you, you know what to do.
• 1:04:59
  Smash that like button. Consider subscribing if you feel
• 1:05:02
  like we provided you value. But the number one thing you
• 1:05:05
  could do to help the peaceful Bitcoin revolution is share this
• 1:05:10
  content. In fact, share all Bitcoin
• 1:05:12
  content. Don't be exclusive.
• 1:05:14
  Be inclusive. We love you all.
• 1:05:16
  We'll see you tomorrow for another episode of Simply
• 1:05:20
  Bitcoin Live. Peace out, everybody.