Latest / Simply Bitcoin / REPORT: Lyn Alden's 2023 Bitcoin Outlook | EP 663

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REPORT: Lyn Alden's 2023 Bitcoin Outlook | EP 663 · Simply Bitcoin

0:14
Yeah. Welcome to Simply Bitcoin live
0:16
your number one source for the peaceful Bitcoin Revolution
0:19
weaker. Breaking news culture, dramatic
0:20
Warfare. We will be your guide through
0:22
the separation of money and state.
0:24
The great Lynn Alden. She she's been covering
0:29
basically her expectations of the macro Outlook of 2023.
0:36
This is great coin Telegraph article that that we're going to
0:39
go through in-depth today. And I think it's really going to
0:43
reveal. How the feds current monetary
0:48
policy could potentially affect Bitcoin, right?
0:52
Bitcoin is currently treated as a risk on asset.
0:56
That's how the market perceives it.
0:57
Right? So in environments where it ran
1:00
on, easy money environments, generally risk on assets,
1:05
perform poorly. So we're going to get into that.
1:07
We're going to get into all the details also breaking news as
1:11
well. The IMF is Complaining and, you
1:16
know, bitching to put it nicely about El Salvador.
1:20
Basically repaying, the 600 million Bond payment, right?
1:24
And they're you know, and we all know how the IMF feels about
1:28
Bitcoin. Remember Bitcoin provides an
1:31
alternative for for for developing countries and
1:36
alternative to the the IMF, right to the IMF offers these,
1:41
you know, Infamous bailouts, right?
1:43
But the thing is that those bailouts come with massive
1:46
conditions. So Bitcoin could potentially
1:48
provide an alternative to that system.
1:51
And that's why you had the IMF freaking out.
1:54
That's why you had the World Bank freaking out.
1:56
That's what you have. Augustine, Carson freaking out.
1:58
So you have Christine Lagarde freaking out.
2:00
Not so much Jerome Powell here in the US.
2:03
Interestingly and also drone Powell is not so much.
2:07
A big fan of CBD sees like the European Central Bank so that's
2:12
interesting. So we're going to get into all
2:14
the details. Tells of that, we always bring
2:16
the receipts, you guys know the deal.
2:17
We are simply Bitcoin after all. But first I want to bring on my
2:21
always optimistic co-host. How you doing Opti I doing?
2:25
I doing it's Friday bro. We got through another week.
2:28
We made it through another week. Obviously it feels good to make
2:31
it through another week for 52 down.
2:34
If my math is correct, you know, man's nose math.
2:38
Anyways man interesting developments I'm excited to hear
2:42
to the nikah Jones ranch today on the news.
2:44
Is and on the culture, I saw this thread by coin B and
2:51
apparently I wasn't aware of this, but it's been 12 years.
2:55
Since Silk Road was launched today January 27th.
2:58
So I'm going to cover this thread of theirs and we'll talk
3:01
about it a little bit. Awesome, awesome art, guys.
3:04
Going to be a great show. Let's end the week, strong,
3:08
let's get some numbers. Let's do this.
3:12
The Bitcoin members brought to you by not all at this point,
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Visit noddle Dottie you today. All right, everybody, at the
3:39
time of recording, the Bitcoin price is 20 3180.
3:43
The SATs per dollar 4013, block height 773, 1892, the reachable
3:51
Bitcoin nodes we are at 12,000 366 but like, like a pleb
3:58
mentioned in the chat that seems to not include all the Bitcoin
4:02
nodes, including, you know, according to him, right?
4:05
It's more in the 40K level, the amount.
4:07
Kind of Bitcoin nodes that exists.
4:09
Not to mention the Bitcoin nodes that are just listening.
4:12
Anyways, the blocks of the happening is 66,000 108.
4:16
Having estimates April, 24th 2024, total lightning, network
4:20
capacity, 5,000 275, Bitcoin capacity value, 122 million
4:26
dollars. It's crazy like people people
4:30
need to zoom out. Sometimes, write the lightning
4:32
network is roughly like five years old 2017.
4:35
Really launched 2017 2018. And you know we've definitely
4:40
come a long way but there is definitely a lot of work to be
4:43
done as well. My favorite stat, out of all
4:46
this because it just completely embarrasses and ridicules the
4:50
the Fiat State money inflation, right?
4:53
That realized monetary inflation of Bitcoin is 1.7 6%.
4:57
It's creeping down ever. So slowly, when we started
5:00
reporting on that stat, it was at one point seven, eight
5:02
percent. The market capitalization of
5:05
Bitcoin is four hundred four hundred forty six billion.
5:07
In the grand scheme of things. Bitcoin is still a tiny baby,
5:11
like we always say. Anyways guys, before you go on,
5:16
sorry to do this to you. But we got a super chat in
5:18
already. Thank you sport, Billy.
5:20
We appreciate the support man. It's man, it's audience.
5:24
It's the audience, that that keeps us going and really
5:26
appreciate that guys. So says Bitcoin network runs by
5:30
47 K nodes. Well eith, no e runs 4320 300 of
5:36
them run on AWS. Is the other shit coins mostly
5:41
run by 1, K nodes or less, 50 percent of them, usually run by
5:44
the team who created the shit coin out that and that really
5:48
highlights. Thank you sport, Billy that
5:50
really highlights the uniqueness of Bitcoin, the decentralization
5:54
of Bitcoin. And if you do want to separate
5:56
money from State, you do need that decentralization because if
6:01
not, it will inevitably be co-opted and that's why you see
6:04
shit Corners including the etherium foundation, a lie.
6:07
Lie with, you know these continuing are large
6:11
institutions like the world economic Forum because they
6:14
realize if they don't Ally with the state, if they don't Ally
6:17
with these institutions, they're at risk of being shut down.
6:20
We know, since the theory of migrated to proof of stake,
6:24
right? The vast majority because they
6:26
are run on servers are actively. Excuse me are actively censoring
6:32
for an branch of the u.s. government.
6:34
Specifically, the office of foreign assets control part of
6:37
the US, Treasury anyways, so I want to bring this up and I
6:42
think this is important. So James has getting a is a
6:46
tweet says quote getting increasingly worried about the
6:50
dev funding situation Bitcoin right now a few parentheses
6:54
really talented Cordova devs are losing funding pretty soon.
6:58
They're apparently isn't enough money to go around.
7:00
It'd be really nice to see when businesses step up this could
7:04
get bad. Then Danny response.
7:06
Serious question. Why does Bitcoin core need
7:09
ongoing development? This is not to imply that
7:11
doesn't, but rather to determine what goals they Bitcoin client.
7:14
Should actually have Bitcoin is not etherium.
7:17
It will keep going with or without or development.
7:21
So, if on the Vera says, there is maintenance required, stasis
7:24
is not an option tour. V2 got deprecated in favor of
7:29
V3, listen to this one for more examples.
7:32
So check that out and I for my understanding Gloria's out is a
7:36
Bitcoin core. Or Cobra been around a very very
7:40
long time. Says it seems less and less
7:42
appealing to work on bitcoin core, the lack of funding as you
7:45
say, the very real threat of being dragged into litigation
7:48
and the prospect of being targeted for sophisticated
7:52
hackers, like what happened to Luke Dash, all make it way too
7:55
risky and I think that's a very, very good point.
7:58
Remember if this is truly, if Bitcoin is truly going to
8:02
separate money from State, the state is going to or the
8:06
establishment, the powers that be Be, you know those are the
8:09
individuals, right? They can go after certain
8:11
individuals, right? And I think Cobra is that's what
8:14
he's referring to. Lastly, I want to read is by
8:16
Luke Dash. Apparently this is, is it his
8:19
accounts? Yes, it is just checked.
8:21
I've seen hints that some investors don't want companies.
8:24
They invest into the fund Bitcoin development.
8:28
Not sure how wide spread. Okay, so very interesting that
8:33
something that I wanted to bring to your guys attention but what
8:37
I also wanted to Check out today, right?
8:38
So you have that right? You have Bitcoin, that's the
8:41
situation with Bitcoin core development, right?
8:44
The funding for it and then what is the alternative?
8:46
And we always highlight the alternative in our show, we
8:49
always said Bitcoin or slavery. You might sound a little bit,
8:51
hyperbolic a little over top but we 100% mean it.
8:55
There is no, you no, joking in that language and and I asked
9:00
Jeff Booth when he came on simply Bitcoin IRL.
9:02
Check out the episode if you guys haven't already and I asked
9:05
him and he basically said something in his Onwards.
9:08
And at the very end, I said, look, I'm going to put it.
9:09
I'm going to put what you said, kind of in Niko's wording and I
9:12
said, sorry. But you're basically saying,
9:14
like, the future ahead of us is this centralized future of cbc's
9:18
of slavery or future of decentralization of Bitcoin.
9:23
You could say that is Bitcoin or slavery, right?
9:25
So anyways, I want to play, you know, perhaps a little glimpse
9:30
into what that slavery. Future might look like.
9:34
I just made using only my palm at the grocery store.
9:37
Without credit cards and cash. Let me show you how it works.
9:41
You need to sign up on Amazon one.
9:42
Kiosk, you insert your credit cards and the Machine scans both
9:46
of your palms. Then you enter your mobile
9:49
number and agrees. With terms of use, you're all
9:52
set. I didn't believe that it was.
9:55
It sounds like a terrible idea. So you put your Pam, you put
9:59
your number. Like what is next face?
10:03
Like and then what it like and then find it on the surface?
10:07
It sounds so convenient, right? But think about how that can be
10:12
abused. I think how easily that can be
10:15
abused. What if you're in the system?
10:16
And it's like, no, this guy protested against the
10:19
government, he said, bad things. This is already happening in
10:21
China. Let's shut off his money, but
10:23
it's not only happening in China, right?
10:25
This happened in Canada lately where they retroactively May
10:30
donating to the Bitcoin protest, the Bitcoin, sorry, the
10:34
trucker's movement illegal after the fact, and they shut down.
10:37
On a bunch of bank accounts there.
10:39
Now, imagine a central bank, digital currency system where it
10:43
is literally, literally the flick of a switch, right?
10:47
So those are the two Alternatives in front of us and
10:50
as time goes by the battle lines will be less and less off you
10:53
skated. And it will become very obvious.
10:56
It's either one or the other governments are always going to
11:00
want to do two things. They're always going to want to
11:02
control the money flows. They're always going to want to
11:04
control the money to the monetary policy to benefit
11:06
themselves. And they're always going to want
11:08
to debase the currency as well. The alternative is an open
11:12
monetary Network rules without rulers.
11:15
The monetary policy is set in stone.
11:18
You can't change the rules of the network to benefit yourself,
11:21
meaning the little guy and the big guy they're playing by the
11:24
same rules. It's absolutely beautiful.
11:26
And not to mention Bitcoin is deflationary.
11:29
So it means it's purchasing power will actually increase
11:33
over time and that allows you to plan for a better future and Is
11:37
handle, which I mentioned so many times on this show.
11:40
It's deterministic optimism. That is the beauty of migrating
11:45
to a Bitcoin standard but hey, you have to pay your dues, you
11:50
have to do the work, you have to familiarize yourself with what
11:54
is bitcoin. What is you're holding?
11:56
Familiarizing taking self custody of your Bitcoin.
12:00
We obviously recommend the Jade Hardware wallet, one of our
12:03
sponsors, and you should be running your own node as well.
12:06
You can make one or you could buy one pre-built.
12:09
We obviously recommend the natto, another one of our
12:11
sponsors. So yeah man Opti.
12:14
What are your thoughts, dude? How it's crazy how excited she
12:19
is like as if this is a good thing you know like oh I could
12:22
pay with my palm now. Next it's like I could pay with
12:25
my eyeballs. How great?
12:26
How wonderful I love this type of life.
12:28
Like, it is absolutely mind-blowing how disconnected
12:33
some people are from from reality.
12:37
And I really Blame the decadence of the web, the West, right?
12:40
This wealth, you know, the bread and circuses developed Financial
12:44
raised rails the ease of use, right?
12:46
But if you talk to someone and it's at a latarian country,
12:50
right? Or in a country with high
12:52
inflation you try to tell him that system you know.
12:55
I wish I had oulu here you know he would laugh you out of the
12:58
room and be like that is absolutely crazy.
13:00
No, I want Bitcoin right? But you know we don't we have
13:04
this financial privilege like Alex gladstein says that we have
13:07
in the West and we just don't have a lot of people don't have
13:11
that incentive, you know, to to adopt something like Bitcoin.
13:14
But you know, the legendary Marty bent came on simply
13:17
Bitcoin IRL this week but I asked them this question like
13:20
hey man, you don't think that you know, people are just too
13:22
comfortable to, you know, adopt something like Bitcoin.
13:25
You don't think they're going to be, you know, easily, you know,
13:29
influence to go to something like a cbgc and I love his take,
13:33
I love Marty's take. I definitely recommend that
13:36
latest bent that he Robbie retweeted it from the simply
13:39
Bitcoin account and that's his outlook on that, anyways Opti.
13:44
Well video, bro, I'm gonna I'm gonna play it.
13:46
I'm gonna play it without volume while you talk about it.
13:50
I was, I was gonna mention the same thing that you mentioned at
13:53
the end of this video. Like the fact they got like a
13:56
like, you know a girl that hacks all happy and it's got like
13:59
dance music in the background. You know, they're, they're like
14:02
trying to make this seem in a semi attractive girl as well.
14:07
You know. No.
14:07
Trying to make this seem like a minute Opti.
14:10
Hey dude I just understand human psychology.
14:13
This is this is just how it works.
14:14
You parade, something that looks good and then they ask and then
14:18
they try to frame it in a position that makes you want to
14:21
live in that future. And this is back to what we
14:24
continuously talk about here. It's about, it's about the
14:27
stories and winning the hearts and minds of the masses.
14:29
And, and these are just simple psychological tactics where they
14:32
try to make this seem. Like, it's something that you
14:35
want for your future. Something that's better for you.
14:37
You know using your palm. It's so convenient.
14:40
You know like all your life's going to be so much better but
14:43
like beach under the surface, you know all of us would not be
14:48
able to buy food at the grocery store because of the things we
14:51
say on the Internet or the things that you do in your
14:54
normal life. So like as rope mr.
14:56
Robot said in the chat like F this dystopia, this is why we do
14:59
what we do. This is why we tell you guys to
15:01
take Bitcoin into self custody using the freedom tools that we
15:05
continuously say every single day.
15:07
Old card seed, signage a blue Wally green.
15:10
While it's Sparrow Spectre Moon Breeze, Phoenix, Pine, all these
15:15
different different wallets, Hardware wallet, sign mobile
15:20
wallets, because you can route around this stuff.
15:23
Like you do not have to partake in this crazy crazy world that
15:28
they want for you. Like, you can fight back to
15:31
fight against this dystopia by simply taking Bitcoin into self
15:34
custody. So anyone pushing for this, in
15:36
my opinion? Is is just anti-human.
15:40
I've said it before Nika, Nika? Hold me back off the ledge, but
15:44
I really do believe, it's bitcoiners slavery and the
15:47
powers that be as we saw last week at Davos.
15:50
Like they're literally saying this quiet part out loud and and
15:53
they want you in a full technocratic dystopia.
15:56
Like those are my words like this is the stuff that they're
15:59
saying themselves. So, you know, like F this
16:03
dystopia do not, do not fall for the CBC crap.
16:07
AB, do not fall for this, you know, like convenience trap of,
16:11
you know, your life's going to be that much better.
16:12
Payments are going to be that much better.
16:14
It's all a big giant scam as far as I'm concerned.
16:17
But, hey Nico, before we go on we got a few more Super Chat.
16:19
So let me let me pull those out before.
16:21
But yeah, before before I read those, I just want to read this
16:24
comment about Lynn Lynn. Alden Lynn, Alden for treasury
16:27
secretary 2024, that would be awesome.
16:30
Okay let's let's pull up those Super Chat.
16:34
Another one by sport Billy. If you go to bit, Nodes, you'll
16:38
see by yourself that they don't include most of the nodes.
16:41
They mention it. Just scroll down to see it.
16:43
Thanks Sports Billy. And this is why we love, you
16:46
know the plebs in the chat. Mike Denver the number of
16:49
donations need to go up guys. Also appreciate it.
16:52
Mike by the way guys keep in mind you know we are human we
16:59
will make mistakes. Please feel free to correct us,
17:01
put it in the comments and you know, we'll try to do our best
17:06
next. We just got Tagged in this, this
17:08
salute Dash Junior dot-org. You can see the node count for
17:12
yourself. There you go.
17:13
Look at look, I love that. Love that guys.
17:15
Let's keep that number going up, build your own node, buy one
17:18
pre-made do it, do it now. Anyways, another Super Chat from
17:23
Hammer Lane crypto, Super Chat so proud of my son first in our
17:27
family to hottel a full Bitcoin, congratulations, be productive
17:32
and hold patience. Love you guys.
17:35
Hashtag trucker hashtag veteran. Absolutely love that.
17:38
This is what the peaceful Revolution is all about.
17:41
It's about individuals, taking back their financial sovereignty
17:44
and the only tool they have to do that with is Bitcoin because
17:48
of its actual decentralization, unlike the shit coins.
17:51
Anyways, Opti, let's get some news.
17:54
Let's do this. The Daily News brought to you by
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of the best options to do that with is a hardware wallet.
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Obviously, we recommend the Jade, the cold card is great as
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well treasure foundation, so many others as well.
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So definitely recommend taking self custody, learn how to use a
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hardware wallet, it's easier to write down 24 words.
18:55
It is to open a bank account anyways, so I wanted to dive
18:58
deep into this article. It is by coin telegraphed.
19:02
The name of the article is Bitcoin faces considerable
19:05
Danger from fed in 2023. Lynn Alden goes on to say
19:10
Bitcoin, still risk, considerable danger in 2023 as
19:13
macroeconomic conditions, dictate price action.
19:16
That is according to Economist Lynn, Alden who in private
19:19
comments to coin. Telegraph cautions on bitcoin,
19:21
staying bullish, after its January gains.
19:25
Um ism is increasing throughout crypto as BTC USD, broadly
19:28
retains levels which are 40 percent higher than its start of
19:31
the year. With the rest of 23 May hold.
19:34
However is still a topic of debate.
19:36
Alden suggest that it is naive to assume that the good times
19:39
will continue unchecked. The reason she says like I did
19:42
say it's lawmakers and the Federal Reserve quote I expect
19:45
the Bitcoin bottom to be a process.
19:47
She summarized at the current state of Bitcoin quote Bitcoin,
19:50
prices are heavily tied to liquidity conditions and
19:53
liquidity conditions have been Incense quarter quarter Q for
19:56
2022. That recovery has effectively
19:59
removed any trace of the FTX the BOK will from the chart with BT
20:03
cusd now, circling its highest level.
20:05
Since mid-august, quote, the ft x l made a collapse.
20:08
Pull down the industry in the second half of Q for even as
20:11
many other assets. Rallied equities, gold, Etc.
20:14
Now, it seems that Bitcoin is playing a bit of catch-up and
20:17
getting back to, where it could have where it have been without
20:20
the Ft Exile made a collapse. Well considerable danger ahead,
20:24
what could Beyond the catch-up, however, could be less Savory,
20:27
four bowls. The FED is currently conducting
20:30
quantitative tightening which is the opposite of quantitative
20:32
easing removing liquidity from the economy to fight inflation.
20:36
After several years of mass liquidity injections which begin
20:39
in March of 2008. March 20 20, these are being
20:42
mitigated, thanks to us, domestic politics but later on
20:45
the status quo could shift back to the kind of restrictive mood
20:49
seen throughout Bitcoins bear Market year of 2020 to quote.
20:52
Liquidity conditions are good right now in part because The US
20:55
Treasury is drawing down its cash balance to it over the debt
20:59
ceiling and this pushes liquidity into the financial
21:01
system. So the treasury has been
21:03
offsetting some of the Cutie that the Federal Reserve is
21:06
doing. Once the debt ceiling issue gets
21:08
resolved, the treasury will be refilling.
21:10
Its cash account which pulls liquidity out of the system.
21:13
At that point, both the treasury and fed will be sucking
21:16
liquidity out of the system. And that would create a
21:19
vulnerable time for risk assets in general, including Bitcoin,
21:23
right? So And I've talked to multiple
21:27
other people about this as well. It seems like the general
21:32
Outlook right by a lot of economies including the
21:35
Greatland old and herself, right?
21:36
Is that potentially heading into 2023?
21:40
We have not even entered the recessionary environment.
21:43
Bitcoin has never existed in a recessionary environment.
21:47
You could make the argument that Bitcoin has only existed in this
21:51
easy money, right? In this quantitative easing
21:54
environment. We just say it simply Bitcoin to
21:57
get rid of all the technical terms of money Printing and it's
22:00
not like they are completely stopping the money printing.
22:03
It's just that they're slowing down the money printing, right?
22:06
And it looks like the market in general is treating Bitcoin more
22:10
like a risk on asset rather than anything else.
22:14
Now, as bitcoiners, we always talk about the famous
22:17
decoupling, but that hasn't happened.
22:19
That hasn't happened yet. Bitcoin is trading very closely
22:23
with the NASDAQ Astros its trading closely with those types
22:27
of assets. Let's see how that changes.
22:29
But I mean, look at the end of the day, this is speculation
22:33
right? With, no one knows where the
22:34
price of Bitcoin is going to go, but you can't deny that the
22:38
macroeconomic factors can and will a can and have affected
22:43
Bitcoins short-term price action in the past.
22:46
So I don't know how this time would be different.
22:48
Now for bitcoiners for what we advocate for on this show.
22:54
Stay humble. Stack fucking SATs.
22:56
Take those SATs into self custody focus on the Fiat
22:59
mining. Put that Fiat mining into
23:02
Bitcoin. Think long term used Bitcoin as
23:04
a savings vehicle. Don't trade don't use margin and
23:07
all of this stuff. You know.
23:09
It doesn't really just cheaper SATs for you bro.
23:12
That's my that's my take Opti. What's your take?
23:14
And then we'll get into the El Salvador news.
23:17
Well please sir, please pop my Bitcoin bags and leave Familia
23:22
wrecked out here. No, I mean, I It started.
23:25
So obviously I'm hopeful that this this will be the time when
23:32
we do see some decoupling but as we know, as we've been seeing
23:36
consistently in the market, Bitcoin has been trading as a
23:40
risk off acid, even though personally and to a lot of my
23:42
friends, we consider Bitcoin the our sorry Bitcoin has been
23:46
trading as a risk on asset but personally to us bitcoiners, I
23:51
view it as a risk off asset, like I'm completely outside of
23:54
the Stem but obviously as I've said in the past the Bitcoin
23:58
price moves by the the liquidity on the edges.
24:02
So while most coin doesn't move the Traders are consistently
24:06
moving the price. So you know, who knows who knows
24:09
exactly what's going going to happen as as we've seen in the
24:12
last couple of years the money printer turning on does have a
24:16
beneficial effect on the Bitcoin price.
24:18
So if they're turning it off then I guess the liquidity is
24:22
drying up and just just hold on to them bags guys.
24:24
Guys like, try not to sell your Bitcoin.
24:26
But man, I really do hope it starts pumping this year.
24:29
I hope we're not in a bull trap right now, you know, I feel a
24:33
lot better that if it did start pumping.
24:35
We are going into the having and as TK said in here, you know,
24:39
having is going to coincide with new round of QE W.
24:43
Oh, hey, please Suri Familia. Oh man, Opti stockings directly
24:50
to Jerome Powell. So guys, we are extremely
24:52
humbled by the super chats. Holy cow.
24:55
Mike Denver says, I'm not from Colorado.
24:59
Next one, we got royal baby as a boomer in a world, so screwed
25:04
up, both of you have figured it out, grind it out every day,
25:06
spreading the message work hard, it's inspiring and only respect
25:10
from an old guy. Well thank you very much
25:12
extremely extremely kind really, really appreciate it.
25:16
Awesome comments, appreciate the love guys.
25:19
Alright, moving on to big win. Big win, big win.
25:23
I am so excited I guess. So bullish for this type of
25:25
news, more than any of the price action stuff.
25:29
This is from Reuters, one of the Legacy Media, we call them
25:32
propaganda media because, you know, they obviously have a
25:36
certain spin to, to the reporting and this is the
25:41
importance of independent journalism, citizen journalism,
25:45
right. Elon Musk has been tweeting
25:46
about this. The project Veritas video that
25:49
went absolutely viral yesterday, you know, without getting into
25:53
any details of that video. This is the importance because
25:56
none of that is covered by the Legacy corporate media.
26:00
Right. In fact they it's like they
26:02
purposely avoid it. For some reason there's only a
26:05
few, you know, Legacy corporate people that are still reporting
26:08
it. One of them is Tucker but the
26:10
rest it's like a media blackout, right?
26:12
A 9 bouquet Les said it in the Tweet thread not too long ago
26:15
right? They'll try to spin up a
26:17
narrative as soon as that narrative is proven wrong,
26:20
they'll just go silence on it. So if the institutions that were
26:23
supposed to be testing for our news are not telling us news,
26:28
they're telling us Spin and narrative.
26:31
Then it falls down to the individual to tell the news and
26:34
the internet empowers. The individual gives you the
26:36
ability to do what we're doing right now.
26:38
You could buy a camera. You can buy microphone not the
26:41
entire not professional journalists but I think we have
26:44
a comment I think we have common sense and we're bitcoiners,
26:46
right? But that falls to all you guys,
26:49
right? You can make a Twitter account
26:50
if you want to stay silent when you don't want to interact with
26:53
people on Twitter. You could just like Sweets, you
26:55
can engage with sweets, you can make means, whatever.
26:57
Floats, your boat that all helps in this narrative.
27:01
Trench warfare that were fighting every single day in the
27:03
Battlegrounds of the internet. Anyways, check this out.
27:05
I am F visit in Focus after El Salvador Bond payment, El
27:09
Salvador. Clear Day, 600 million dollar
27:11
Bond payment hurdle this week but lingering concerns over its
27:15
financing sources and fiscal policy will be the focus as the
27:18
country prepares for an annual visit from the eye of the IMF.
27:22
That's right. A sovereign sovereign.
27:24
Entry it like it's like it's like how is that not
27:28
neocolonialism, like, how is that?
27:30
Like it's like, oh El Salvador, how dare you have these, you
27:36
know, how dare you have these fiscal policies, how dare you
27:40
have, you know, these financing sources.
27:42
So you guys are acting sketch. Isn't El Salvador supposed to be
27:45
its own country? I mean, it shows you.
27:47
How these people think, what is the reality of how these people
27:51
view these actual countries of how the IMF View These
27:55
countries. Remember what the IMF said?
27:57
Remember as soon as El Salvador, announced the Bitcoin Bond, they
28:00
asked a sovereign country which voted on the process
28:04
democratically and it got a supermajority vote in the, you
28:08
know, in the Senate / Congress of El Salvador and these people
28:12
are still saying, this is dangerous, like it's like,
28:15
wouldn't you alive? It's like they don't want, it's
28:18
like they always spot about danger democracies.
28:20
Like, isn't that democracy? Like, it's just a bunch of
28:22
hypocrisy, man. And it's like, Think about the
28:26
article from nine bouquet that we've referenced so many times
28:29
on this show, don't drink the elites Kool-Aid.
28:31
Anyways, investors will watch for any sign of closer ties
28:35
between night present, nine bouquet LA and the IMF.
28:37
During its visit to San Salvador starting on January 30, the
28:41
so-called article for visit will assess the country's economic
28:45
and financial developments and policies and has been sharply
28:49
critical in the past El Salvador's move to make Bitcoin
28:52
legal tender in September, 20, 21, effectively.
28:54
The doors to IMF financing. Well, you know what, fuck you
28:58
IMF financing. That's what I got to say about
29:00
that. So let's take a, let's take a
29:02
look at how El Salvador has done because it didn't mention that
29:07
the country's economic and financial developments.
29:10
Some of the lowest murder rates in history and El Salvador
29:13
record GDP growth of 10.3%, and the 80 80 plus percent
29:19
popularity of nine buchelli. Compare that to the u.s.
29:22
compared. In fact compare the murder rate
29:24
It's to some murder rates in US cities, right?
29:27
So you got nothing to stand on, Reuters.
29:29
The only thing you got standing on is hoping that people don't
29:33
do their own research, don't do some critical thinking because
29:36
if they do, they'll know that you're spouting out fucking
29:39
bullshit. Anyways, the tussle with the IMF
29:42
was part of the reason El Salvadorian bonds prices tumbled
29:45
back then and we're depressed until recently to the point
29:47
where this week's payment was put in doubt, the prep who put
29:51
it in doubt. You guys put it in doubt,
29:53
Reuters put it in D. Bloomberg, put it in doubt.
29:56
The New York Times, put it in doubt.
29:57
I don't think time will Kayla was put in doubt.
29:59
Anyways the president's press off.
30:01
His told Reuters late on Monday the payment to totaled over 625
30:06
million dollars. Two rounds of bond repurchases.
30:09
Focus on this week's maturity and a bond maturity.
30:12
In 2025 had just had left just over 600 million outstanding in
30:17
the 2023 Bond and under 350 on the 2025 issue, right?
30:22
And now let's take a look at. So we read that Right in the IMF
30:25
is visiting. And it's like, you know, they're
30:27
they're inspecting. And they're basically seeing his
30:30
eyes is El Salvador. Worthy of our help is El
30:33
Salvador worthy, you know, of the IMF like, but take a look at
30:37
the conditions that the IMF lays out and keep in mind, Argentina
30:42
for audio listeners. The name of the article that I'm
30:44
about to reference it from coined as has Argentine Congress
30:47
approves. IMF debt deal that would
30:49
discourage crypto use? That's right.
30:52
That's right. In a country.
30:55
That has 95 percent inflation. The IMF is more concerned about
31:01
discouraging, the use of a viable alternative that gives
31:07
the ability for individuals in Argentina to protect themselves
31:13
from the ravages of inflation. Number one and number two, gives
31:17
them the ability to interact with the with the world
31:22
financially, right? Try as an Argentine doing
31:28
business with someone overseas and all the red tape that you're
31:31
going to have to go through with Bitcoin, I don't even know need
31:35
to know the name of that Arjun time and they're going to try to
31:39
convince you. All you need to know the name or
31:40
the world will catch on fire. No I'm calling bullshit.
31:45
This is just it's absolutely insane how they phrase this and
31:51
just to just to wrap it up real quick.
31:53
I want to read which Read earlier on this week but I want
31:56
to read it again. It's the Tweet thread by 9.
31:59
But Kelly says in the past, almost every Legacy,
32:02
institutional international news outlets said that because of our
32:06
Bitcoin bet, I'll Salvador was going to default on its debt by
32:09
January, 20 23, since we had an 800 million-dollar Bond maturing
32:14
today, literally hundreds of Articles and we've covered that.
32:17
We've moved on top of that. Reuters, just said it.
32:19
Oh, people perceive that it was going to do that.
32:22
No, you guys spun up that narrative yourself.
32:24
If man, what people you you said that anyways, goes It goes on to
32:29
say full page spreads on the New York Times, and all creating the
32:33
narrative that El Salvador was broke and going to default.
32:35
I called them out at the time but of course who was going to
32:38
believe us. And not every international news
32:41
outlet and their economic genius since.
32:43
Well, we just pull it. We just well, we just paid in
32:46
full eight hundred million dollars plus interest.
32:48
But of course almost nobody is covering the story.
32:51
I just found one. Yes, one in Spanish from
32:53
Colombia, they And lie, and lie. And when their lives are
32:57
exposed, they go on silence on. And remember the quote from the
33:03
the quote, from the don't drink the elites Kool-Aid Bitcoin
33:06
magazine article. It said specifically the thing
33:09
that these Elites right these Financial Elites Opti calls
33:13
them, high-level parasites. I call the monetary demon, some
33:15
people call them to unproductive class their most.
33:17
Powerful tool is the control of the truth but the internet has
33:22
disintermediated information. It's allowed Vigils to
33:25
communicate directly 121 peer-to-peer and that hampers
33:29
their ability to control the truth and hampers their ability
33:32
to control the narrative and yeah that's right.
33:35
You guys are losing suck on that.
33:37
You feel it feel it sucks to lose.
33:40
Reuters sucks to lose. IMF, Christine lagarde's off
33:44
these ex-girlfriend. Now she's crying.
33:46
She's watching this. She's like, no, please, huh.
33:50
Stop. You're embarrassing me in front
33:52
of everybody. No man.
33:53
Oh man, it feels good, feels good.
33:56
Don't let your guard down, they're not done yet, but take
34:00
self custody enough people, we win this peaceful Revolution and
34:03
there's nothing they could do about it Opti.
34:06
What are your thoughts brother? You're cracking me up today.
34:11
Well, you know, It's just amazing the angle that the IMF
34:16
is taking, you know El Salvador pays off its debt and the IMF is
34:19
worried. It just like how dare you pay
34:22
off your debt El Salvador. Like you guys should be
34:24
concerned about your financial status because you're paying off
34:27
your debt like amazing. It it really just blows me off.
34:31
Our pump looks. Yeah.
34:33
It blows my mind and you know the IMF is a criminal
34:36
organization, convince me. Otherwise like the the I don't
34:40
know what else to say. You know that they say like
34:42
we're here to help. Poop and they just continuously
34:45
act like parasites, like parasites, going to parasite and
34:48
shouts out to base buchelli. You know, further showing us
34:52
that the corporate press is not to be listened to and you know,
34:57
back to this kind of kind of the theme of this week.
34:59
The the importance of Citizen journalism and the fact that you
35:02
guys out there countering all the bullshit, you know, more
35:05
Bitcoin content like this continues, to counter the
35:08
bullshit. And the Legacy Media just
35:11
doesn't know what to do with Like, back to that video that
35:15
you reference at the beginning of this, like, they are
35:17
literally screeching out there, and have no idea how to handle.
35:21
The fact that people are calling out their bullshit and then
35:25
furthermore, that Bitcoin is winning, like I said, it all
35:28
week. Bitcoin is winning, it is
35:30
slowly. But surely saturating.
35:32
The whole globe with a permission list, Freedom,
35:36
technology, that is Bitcoin. So it's just man, it's been a
35:40
good January. Good start of the Year.
35:42
Let's Let's just see how crazy the rest of this year gets but
35:46
also how bullish it's going to get for bitcoiners in my
35:50
opinion. Because like I said in the past
35:52
the more that a government wants to ban Bitcoin, the more that I
35:55
personally know that I need to hold Bitcoin and I need to
35:58
spread Bitcoin. So yeah, man, shouts out to El
36:03
Salvador. It's almost like they're
36:04
winning, right? And remember, guys, the It is a
36:10
big coincidence, the English translation of el salvador for
36:13
anyone that doesn't know is the savior and that's crazy.
36:17
That's the first country that adopted a Bitcoin standard.
36:21
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Anyways Opti, what do you have for us today?
38:15
Oh man. Oh man, oh man.
38:17
Oh man. Yeah.
38:25
Let's pull this back in because this one, this one is a little
38:28
serious, guys. So, as I mentioned, a coin B
38:32
drop, this really good thread. I'll probably cover most of the
38:36
thread, but they brought to my attention and that today
38:40
January, 25 12 years since the launch of Silk Road.
38:44
And so, if you're a Bitcoin, ER, you've probably heard or seen
38:48
the hashtag for you Ross. And if you spent any time in
38:52
Bitcoin Circle as then do you know exactly what happened so
38:55
they They dropped the whole thread kind of recapping The
38:58
Saga. And also relating it to what is
39:01
going on right now. And so here are some of the
39:04
facts. Here's the infamous website,
39:09
getting seized by the FBI and so here we go, is a Bitcoin ER and
39:14
he's currently serving a double life sentence with no parole in
39:18
Tucson. He was convicted in 2015, and
39:21
has had multiple unsuccessful appeals to the US Supreme It,
39:25
you know, here's a here's like his initial intent.
39:29
It says, Ross. Kept a diary where he outlined
39:31
his idea for a quote-unquote website where people can buy
39:34
anything anonymously with no Trail whatsoever.
39:37
That could lead back to them, or on linked.
39:40
He discussed his wish to use economic theory as a means to
39:43
establish or to abolish the use of coercion.
39:46
What do we tell you guys consistently in regards to
39:49
bitcoin? It is a permission list, a
39:51
coercion list money and the money that you are.
39:55
Being forced to use is literally backed by coercion.
39:58
And you can see here, there's even like a meme shouts out the,
40:01
the coin B apps crew. They continuously kill it.
40:05
But let me keep going on this stretch.
40:07
So, the Silk Road was an ideological experiment for Ross,
40:10
and he goes, quote, I am creating an economic simulation
40:13
to give people a first-hand experience of what it would be
40:16
like, to live in a world without the systemic use of force by all
40:20
accounts. He was successful at doing this.
40:22
So Megan Ralston a former harm reduction.
40:25
Manager for the drug policy. Alliance was quoted as saying
40:28
that Silk Road was a Peaceable alternative to the often deadly
40:31
violence. So commonly associated with the
40:33
Global Drug War and street drug transactions, in particular, and
40:37
here's some of the numbers Silk Road Service 146,000, 146 buyers
40:42
from February 2011 to July 2013. There was approximately 1
40:47
million 229 465, transaction completed on the site total
40:52
revenue of 9 million 5 hundred and nineteen six. 164 Bitcoin or
40:57
roughly 183 million, u.s. dollars at the time and Silk
41:01
Road's commission was six hundred and fourteen thousand
41:03
three hundred for Bitcoin but for Ross it wasn't about the
41:06
money. We know this because even as a
41:08
success that Silk Road had Roston own a car, he showed a
41:12
house with roommates, he had very few possessions and even
41:15
before Silk Road, he done it in ten percent of its earnings of a
41:18
used book business to Mentor. Inner-city Youth Silk Road ran
41:22
as an onion service on the Tor Network But law enforcement were
41:26
able to identify the site through an undercover operation,
41:30
becoming a site admin on the sides, operation monitoring
41:34
Ross, chats town and tearing down his likely location that
41:37
way. That infiltration also help them
41:39
sees a server in Iceland and but the Breakthrough on the case was
41:43
made in mid-2013 When Ross identity was connected to dread
41:47
pirate Roberts. So computer science forensic,
41:50
experts consider to this be considered this to be Ross.
41:54
Only lethal. Mistake.
41:55
And in the early days Ross, used a username all toid and he put
42:00
up an email that was connected directly to Ross Olbrich at
42:04
gmail.com, which connected him to the dread, pirate Roberts
42:08
identity. But on the day of his arrest, he
42:10
was at San Francisco Public Library.
42:12
And to disguise agent, a man, and a woman were pretend
42:14
fighting behind Ross. And one of them says, I'm so
42:17
sick of you. And as Roz, turned around agents
42:19
swooped in on his laptop before he could act, he was arrested,
42:23
Ross, was charged and engaging and New in criminal Enterprise,
42:26
narcotics conspiracy conspiracy to commit money laundering and
42:30
conspiracy to commit computer hacking.
42:33
He was convicted February 2014 of all charges and sentenced to
42:37
two times live plus 40 years in 183 million dollars in.
42:41
Fine, Ross is appealed his conviction, but both the second
42:45
circuit and the Supreme Court denied, these appeals and 12
42:48
years. Since this all started, the Silk
42:50
Road is, but a distant memory in most people's minds, even at
42:54
these events above. Or happening bitcoin price went
42:56
from 140 to 110 dollars in September 2013 only to go on to
43:01
10x into December that year and there's a lesson in this and I
43:05
think this is the the Crux of the coin.
43:07
Bit point of this thread is that Bitcoin is bigger than any one
43:10
person organization website, criminal Enterprise or group of
43:13
scammers. 12 years later, as we sit in the shadow of FTX Luna
43:17
Celsius, three arrows capital and who knows what else is going
43:21
to blow up this year? It may feel like we've hit a new
43:23
low but this is false. Coin the network is never been
43:26
stronger. It's been hardened by these
43:28
times and event and ten times more difficult than it was that
43:33
we're now experiencing the sheer size of Bitcoin Denver's.
43:35
Now it was much less decentralized much easier to
43:38
attack or quash and Bitcoin has been here before in 2013.
43:43
BTC went from $100 to 1K in the in the eve of Silk Road.
43:48
Bitinstant Mount God sheep Marketplace, a Silk Road copycat
43:52
and in 2022, bitcoin price went from 40.
43:55
Kay the 17K and we're currently around 23k because a
43:58
three-year-olds Capital Voyager Celsius FTX and block Phi, which
44:03
seemed devastating to Bitcoin in 2013 far and an uneventful
44:07
memory. Now in 2022 and 2023 as
44:11
bitcoiners like to say, Honey, Badger, Don't Care Tick-Tock
44:14
next block, but for more information guys go check out
44:17
free Ross dot-org if there's anything you know you can do
44:21
maybe Reach Out, show them some love showing support for for his
44:24
mother. And I think the, the point that
44:27
I wanted to bring up to this today is not only the fitting
44:32
time. You know, it's been 12 years
44:33
since Silk Road was created. But all of us bitcoiners here
44:38
are standing on the shoulders of giants and there is Pioneers in
44:42
Bitcoin that have paid. The cost that had been hit with
44:46
the brunt of the legal force and I think it's important for us
44:50
not to forget these people that that are that have done so much
44:54
for Bitcoin. Silk Road, I'm sure a lot of us
44:57
would have never heard about Bitcoin in the early days.
45:00
Obviously Bitcoin is bigger than one person but shout-out to Ross
45:04
man. He's literally sitting in a jail
45:06
right now and offer creating a website and let's not even talk
45:11
about all the people that did all kinds of crazy fraud and
45:14
scam in the last few years that are literally walking around not
45:17
in jail and it just does the yeah, yeah, exactly.
45:21
Just goes to show having good friends means a lot.
45:23
So, you know, I don't know what we can do.
45:26
As bitcoiners for Ross, I think he literally needs a
45:29
presidential pardon to ever get out of jail, but I think it's
45:34
important for us. It Corners exactly to never
45:37
forget Ross and what he did for creating a website that
45:40
literally help people in a peaceful non-coercive way.
45:45
And yet, okay, to life to life sentences, you want about the
45:51
drugs and everything, but that so-called wasn't just about
45:54
drugs. Okay, different.
45:57
A different. Take on the, on the, on the
46:00
website. Okay, fine.
46:01
It's like drugs against the law, okay?
46:05
But does that mean that he deserved two life sentences.
46:11
Absolutely not. Okay, that is absolutely insane.
46:15
That is absolutely ridiculous. And the reason they did that was
46:19
to send a message, right? You can't start a website and
46:24
what happened when they Down Silk Road 1.soak, road to popped
46:28
up and then a bunch of other websites that do the same thing
46:32
on tour. So they never stopped anything.
46:35
But Ross is there in jail, he does not deserve to life
46:39
sentences. That is the most.
46:40
Absolute thing. Absolutely crazy thing I've ever
46:43
seen in my entire life, right? And then you can get into the
46:46
details of the prosecution. There's a lot of things, you
46:49
know, would get because I don't have the information in front of
46:52
me but apparently a lot of the prosecution they They spend it
46:55
in certain ways, right? Some of the agents were scamming
46:59
coin instead of it's just a crazy.
47:01
So some of the agents were actually caught, you know,
47:03
stealing some of the Bitcoin themselves, what they did get
47:05
prosecuted. But yeah, there I think it's an
47:09
injustice, you know, it's an injustice, specifically, when
47:12
you have people, like SPF that are literally released on bail
47:16
their free right now, that actively I would make that, I
47:21
would make the case that SBF her A lot more people than Ross.
47:28
So and I think you were you hit the nail on the head Opti in
47:31
terms of it was a non-coercive way but at the same time you do
47:36
have to be realistic. And you have you have to talk
47:38
about the fact that yes, they were selling drugs on that
47:41
website and a lot of those drugs are illegal, right?
47:44
So, you know, like you can make the argument right?
47:48
Okay, fine. You know, some prison time for
47:51
sure. You did break the law can make
47:54
that argument, right? Right.
47:55
But did he deserve to life sentences?
47:58
Absolutely not 100% on, right? So that's my take, you know,
48:04
this is why, you know, Opti and I are, I love doing it.
48:06
With optic, has opted. He's going to do the in-house
48:09
truth. He's going to tell you exactly
48:10
what the fuck's on his mind, and then I try to reel it in a
48:13
little bit more little reel it in.
48:16
But yeah, man, it's an absolute Injustice, free Ross.
48:20
And we will get a bit Corner in the White House and, you know, I
48:24
truly We believe in my heart, he will get a pardon, right?
48:27
So this is all what the peaceful Revolution is all about free,
48:30
Ross and and, you know, eventually, eventually I really
48:34
do hope it's going to happen, you know, absolutely ridiculous.
48:38
Look, guys, if it was, you know, because there's countries where
48:41
they have zero tolerance for drugs, right?
48:46
You know, Saudi Arabia, I think, Indonesia and Thailand.
48:50
So those countries that they do have zero tolerance for drugs.
48:53
There is death sentences, really getting caught drugs and dealing
48:56
with drugs but in the u.s. specifically that's not the
49:00
case. Number one, and number two, I
49:02
think that there's bigger criminals that are out there
49:06
that have hurt a lot more people that have gotten less life
49:10
sentences, right? The fact is that they lock this
49:13
guy in a Maximum Security Prison.
49:15
Ian basically in a concrete box it's an absolute Injustice does
49:20
not deserve that you could make the argument even though I hate
49:23
to say it that maybe he does deserve some time because he did
49:26
sell drugs and did whatever we did not.
49:29
Absolutely did not deserve to life sentences.
49:32
This is absolutely ridiculous. And what they're trying to do is
49:34
they're trying to make an example out of him, right?
49:37
That's what this was about. It was not about serving
49:40
Justice. It was not about this guy must
49:42
pay for his crimes, it was not about that.
49:44
It was about setting an example. Ample saying we are in command
49:47
here. Can't make those types of
49:49
websites and all be all right and I find that absolutely
49:54
ridiculous. Absolutely disgusting and I
49:56
think I do have hope. I do believe that Ross will be
49:59
freed and we will fight we'll fight until that happens
50:05
anyways. So you got Opti and eyes
50:07
different take. So we we like to like to play
50:10
Both Sides, right? Just just to be fair.
50:12
Anyways, Opti, let's talk about the website.
50:15
Let's talk about the website. Let's promote it a little bit
50:17
more. Hi, one second, that's the
50:23
memes. I was getting ready for the
50:25
getting ready to reveal. I got you here, shouldn't you
50:26
know what, let the okay, perfect.
50:28
All right, so guys, visit free Ross, free ros.org has
50:33
information, a lot of fairy predominant.
50:36
People are advocating for clemency, right?
50:38
You have Ron Paul in there as well.
50:40
It's going to tell you all the details.
50:42
I know Ross has been writing from prison as well.
50:45
So you know, this sentence must be commuted needs a
50:49
presidential. Pardon, we will get a Corner in
50:51
the White House and it will happen.
50:53
It's just, you know, it's just a question of when it will happen.
50:56
Anyways, Abdi, let's get to the Museum's.
50:58
Holy cow, we we did Cal we had to, we have to cover something
51:01
dark today, you know, it makes me a little sad.
51:04
I try to stay as optimistic as possible and I did caveat it and
51:08
there's one that's going to get some serious even though we had
51:11
some Freudian slips in the beginning.
51:13
So make it a little light, but yeah, man.
51:15
Hey, it is what it is. We do our best to, You Know,
51:18
cover, cover everything, and sometimes it Does get a little
51:21
dark. So hey man, it is what it is,
51:24
what we're going to end it with the meme so it'll get, it'll get
51:26
funny. Absolutely, guys will always try
51:28
to tip walls. Try to give you two perspectives
51:31
on simply Bitcoin. Will, you know, will try to play
51:33
Devil's Advocate just to keep it.
51:35
Fair, keep that in mind. Anyways everybody, let's get to
51:38
the mean review. Let's check it out.
51:42
The daily meme review brought to you by Kaboom racks.
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Hi everybody. Kaboom let's go.
52:15
Okay guys, you already know this is your favorite portion of the
52:18
show. This is a mean review.
52:20
Drop Your Meme review, score in the chat so we can cover it
52:23
live. As Nico says, all the time, and
52:26
I have stole tweets are the bullet.
52:28
To memes are the artillery. You guys are the Frontline
52:30
soldiers, you guys continue to ridicule the corporate press
52:34
continue to put truth. In art, make people laugh, get
52:37
people on our side. I'd win the hearts and minds of
52:41
the masses out there because, you know, people like memes,
52:45
whether whether they they think they do or they don't Everyone
52:48
likes a funny here there but continue to make the calls of
52:51
actions continue to push people towards the freedom tools that
52:54
we continuously cover. Anyways, first meme, I saw this
52:59
one this morning Nico and I think this one's going to be
53:03
your I think you're going to like this one considering.
53:07
I know your girlfriend and I'm I'm sure she, I'm sure she's
53:10
thinking this exact same thing and I'm sure there's other
53:12
bitcoiners out there. So this one by at Turtle cute
53:15
33, and he goes true, or she goes true story and we got a
53:19
message. It's an iPhone message because
53:22
babe with hearts because fifteen thousand dollars out of our
53:25
checking account. And then babe goes, is it what I
53:28
think it is? And put some, you know, wedding
53:31
rings engagement rings and then on the bottom is because confirm
53:34
your butt clean purged. Haha.
53:39
Oh man. This was literally made me Alan.
53:41
D is job is to get Nico trouble, I guess these job literally
53:46
every day doesn't stop. Yes, this is what.
53:50
This is the way. Okay, this is next one, is by
53:53
RT, B, TC. And he goes, yes, Dad.
53:56
Busy winning hashtag Bitcoin. And we gotta an old gray.
54:01
Chad over here, that's going blind girls, are you winning
54:04
son? And we got the Chad bit Corner
54:07
over here. Here on his Bitcoin computer on
54:09
bitcoin, Twitter guy. Yes, Dad.
54:11
Busy winning always have been winning pops this next one.
54:14
Shouts out the dollar coin because he hit me to this this
54:17
morning and had to add it because I also, I think this is
54:20
an old meme, but I'm gonna continuously cover it because
54:26
first of all, shapes up to 21 JC LP, but I really liked what he
54:30
added on top. So, for the audio listeners,
54:32
this is the Bitcoin meme where the guy is sitting on the bench
54:37
in the day. Arco and the light does like a
54:39
little wavy thing and it misses the person right under them,
54:41
that is probably a shit corner and it goes to the Bitcoin or
54:44
learning and it goes see the light and then JC 2121.
54:49
JCL p goes Bitcoin. Teaches us law math energy,
54:53
history, Finance philosophy, Game Theory, human rights,
54:56
macroeconomics computer science. See the light start stacking
55:02
Bitcoin. This is the way this next one,
55:04
shouts out to just a pleb AKA at Jim Jones. 13.
55:08
He's helping us one of the Bitcoin simply Bitcoin producers
55:12
in the back and you guys don't know him yet but you will.
55:15
We got some things in the work anyways you guys.
55:17
Good morning. Get back to what matters.
55:19
And we got a Pinky and the Brain meme over here.
55:22
I loved it because I grew up watching peak in the brain.
55:25
And so we got a pinky here goes, what are we doing today?
55:28
Brian and we got brain. Same thing, we do every night.
55:32
Pinky, stay humble and stacks ads.
55:35
Let's go continue to or Each pill people this next one,
55:38
shouts out to TC AKA at meditation man on Twitter and I
55:43
really like this is this would be a really good propaganda
55:47
poster like I can see this on people's walls.
55:49
Anyways, we it just says in all in all caps big letters, opt out
55:54
and we got this protester with with a gas mask on and it looks
56:00
like it might be a month, but the, the monk outfit is the
56:04
Bitcoin logo and he's throwing A dollar but it's really like a
56:10
frag grenade or you know mustard gas or something.
56:13
I don't know what it is exactly. But throw away, your dirty Fiat
56:16
and stack SATs opt out of the madness and opt into the Bitcoin
56:21
Network. This last one, shuts out the
56:23
Maxis Club, absolutely love what you're doing, brownie goes 288,
56:27
the 288th meme that he's posted on Twitter goes don't worry 2.0
56:33
and we gotta you know we got some bitcoiners at a barbecue.
56:37
A husband and a wife and he goes and the wife goes I can't find
56:40
the baby and then the dad goes, not your keys and the little kid
56:45
goes, not your Bitcoin. Don't worry, we got the
56:48
children. Okay.
56:49
All right. So of course, guys, drop your
56:52
mean review in the chat that we will cover it.
56:56
Will review it live. Wow!
56:58
Micah's! In the gulag for all the things
57:00
I'm saying. Let's go.
57:01
I'm in the gulag. I have yellow with me.
57:05
He's here, he's having a good time.
57:07
We have any potatoes knowing, is it potato?
57:10
Yeah. No.
57:11
Okay. Okay.
57:13
Anyways, my score is Greta is just said, Greg is yellow in the
57:19
yellow? In the gulag, that's my score.
57:23
How to do the feeling, I, my score is, I am?
57:28
I'm switching this up. I just, I just remembered.
57:32
I had this, and I wasn't able to make it, but I do have the
57:37
invitation and I have Uncle rockstars invitation to his
57:41
funeral. That was the one in the ass,
57:44
right? Yeah, it says, you are cordially
57:46
invited to attend. Uncle rockstars funeral wasn't
57:50
able to make it, but I do have the card.
57:52
I was Has invited. So all right everybody before we
57:59
get to the meme scores, I want to let you guys know about our
58:02
awesome sponsor represent LTD.com Opti night where the
58:06
merge every single day. They let me keep my clothing
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here in the gulag, this is the simply Bitcoin merch, the
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hoodie, this is already sold out this supplies and get it while
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supplies last but you can get the T-shirt version of this opt.
58:18
He's wearing that that one sold out as well, guys, you have to
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Anyways, Opti, let's start getting through some scores
58:42
first one by Victor, simply Bitcoin.
58:44
I give these memes a big discount score before going to
58:48
clip that and troll me till the end of time.
58:51
Happy man. Van.
58:52
I give the meme is spfs future cellmate that makes him TK, I
59:00
gave the memes. Jim's salty, gold-bug tears.
59:04
Yeah, we gotta. We gotta gold-bug back in the
59:06
chat. He got a bug on the Bitcoin
59:10
bugle. I give the memes Dan held
59:12
original tweets. Okay, step up the Bitcoin
59:16
vehicle though. I give the memes a Karen yelling
59:19
at a wall, very nice, very nice Karen.
59:21
Gold-bug yelling at bitcoiners Frank aren't as I give the memes
59:24
one, gigantic Freudian slip revealing, what we're really
59:27
thinking about. It's never gonna be like Go
59:31
kazin. My meme score is Nico.
59:35
Slip up. A big know what have it is?
59:40
The disc out, right? Anyways, freedom for him, I
59:43
can't even explain it. It's done and dusted.
59:45
Freedom Fighter, 14 by meme score is Niko's, Gulag
59:48
background. It's not a background.
59:50
I'm actually here be aware and focused memes because of what
59:53
Opti says, don't blame me. Take personal responsibility is
59:59
your fault mean score for 2024 party in El Salvador.
1:00:03
Absolutely. The meme Factory parties me off
1:00:06
the wall. Shout out big Sean Global Nan
1:00:08
says I give the memes. At Jim's store and Sons
1:00:11
stupidity for not educating himself on bitcoin extravagant.
1:00:15
I didn't read that. I didn't read that one.
1:00:18
I think that's the last one that's the last one.
1:00:23
Also guys check out Simply Bitcoin unfiltered it's
1:00:26
absolutely free it's the written version of this show.
1:00:28
Check out our awesome writer. Zach wall Pina kiss.
1:00:32
Matt, she's a pie nicus dude. I'm just living up all Jane
1:00:39
Paul, what the fuck? All right, go to WWE news
1:00:47
crimestop. Okay, go.
1:00:48
Also check out some new Bitcoins telegram.
1:00:51
He's got me / simply Bitcoin TV. Alright, okay, we're moving on
1:00:56
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only on Cipher safe dot IO. Alright guys, so you guys know
1:01:30
the deal. You guys know the drill?
1:01:32
It is Friday. So we are covering some of the
1:01:36
comment and the streams from our Fountain, Valley for Value
1:01:39
economy. Appreciate everyone, streaming
1:01:41
this stuff. Appreciate all you guys clipping
1:01:43
us as well on Twitter and spreading that signal.
1:01:46
So again, I couldn't cover every single stream sat so I cuz it's
1:01:52
a lot, guys, we really appreciate it.
1:01:54
So I went in there and I just took a took the noon.
1:01:58
Names that we had in the last week or so seven days actually.
1:02:01
And so I don't have every stream set you gave us but we really
1:02:05
appreciate it. I just picked out the the
1:02:07
different names that we have in there.
1:02:09
So there's a few. Let me get it through this first
1:02:11
one. We got some stream sets from at
1:02:15
and W. He was a streaming of some sad
1:02:18
for our boy. Nick can't mind.
1:02:20
Stacking stats for legacy appreciate it man.
1:02:22
Really appreciate it. We got some love on that one,
1:02:24
Nico. So you have to keep going on
1:02:26
that one. So the next And the green light
1:02:28
for me bro. Let's go.
1:02:30
We gotta the next. The next tip is some more stream
1:02:33
sets this one's on the Marty bet we will win simply Bitcoin IRL.
1:02:37
This is by rag, three underscore AF, really appreciate it, bro.
1:02:41
Appreciate all the stream sads. You you're one of the dudes that
1:02:44
was hitting us with a bunch of stream SATs.
1:02:47
This next one is by clarky ended, preciate it.
1:02:51
I think you, where you are the most heavy stream sat last week,
1:02:54
and you might have been again this week stream, best some sets
1:02:56
for the, I can't mind tto. Stacking stats for legacy.
1:03:00
Let's go. So let me see.
1:03:02
Let me see. I think this was all just Clark
1:03:04
Ian. This next one is an income,
1:03:07
boost 950 SATs actually a couple of them by at Hansa one.
1:03:12
This is on the Marty bent. We will win simply Bitcoin IRL.
1:03:16
Highly recommend you guys go watch that one, Marty Marty
1:03:19
dropped the sauce and regards to everything going on and whether
1:03:23
we should be worried about the cbc's we're continuously.
1:03:29
Going to spread that signal guys.
1:03:30
Don't be worried. Bitcoin will win.
1:03:32
We are winning. Anyways, this next one is
1:03:34
strange SATs by Brian Hazel and this was on episode 662.
1:03:39
I think that was yesterday breaking Bitcoin, legal tender
1:03:42
Arizona, streaming us some sad. Really appreciated some more
1:03:45
stream size by Clark. Ian, Let's see, we got a few
1:03:48
stream sets. Just Anonymous through breezed
1:03:52
doesn't have episode, but we got an Apes at stream in a night and
1:03:56
set stream, really appreciate it.
1:03:58
I think Kai cover drag 3af as well.
1:04:01
But these are on episode 661, so appreciate it, bro, and let's
1:04:06
see, we got a few few more rag threes and at the bottom we got
1:04:11
some mint. Some boosts 316 stat boost
1:04:14
couple of them by cryo SATs on the Marty bent, we will win
1:04:18
simply Bitcoin IRL so people are loving the Marty bent clip.
1:04:23
Actually I think I think we have a few.
1:04:26
There is a clip on Twitter but I I didn't pull it up, I just
1:04:31
remembered about it. So but anyways, appreciate
1:04:34
everyone. It is Friday doing our best
1:04:39
Guys, don't forget to subscribe. On our audio version podcast,
1:04:42
anchor Spotify. Apple Fountain definitely don't
1:04:46
want to miss the audio version of this show.
1:04:50
Guys, thank you so much for joining us another week of
1:04:53
Simply a Bitcoin live, but the party does continue all the way
1:04:57
to 2 p.m. Eastern Standard Time is about
1:04:59
40 minutes. We are co-hosting a space with
1:05:02
our friends. Over at Swan Bitcoin best place
1:05:05
to stack sides built by bitcoiners or bitcoiners.
1:05:08
Also, shout out to producer Jacob for holding it down as
1:05:13
well guys. If you enjoyed the episode you
1:05:14
know what to do? Smash that like button, consider
1:05:17
subscribing, if you feel like we provided you value, And also the
1:05:23
number one thing you could do to help this show and fell.
1:05:25
In fact helped the peaceful Revolution forward Push It
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Forward is share this content fact, share all Bitcoin content.
1:05:34
A lot of things were said in this show.
1:05:36
Guys would keep in mind what we want is Bitcoin Mass adoption
1:05:40
and get familiar with the concept of the Overton window as
1:05:44
well. We will see you on Monday for a
1:05:46
brand new episode of Simply Bitcoin live.
1:05:49
We love you all. Have a great and awesome
1:05:53
weekend. He's out.