Latest / Simply Bitcoin / Elon Musk: Fiat Money is a Scam - When Bitcoin!? | EP 836
Transcript
- 0:07It's all. Going to zero against Bitcoin,
- 0:11It's going up for everyone. You're against Bitcoin, You're
- 0:21against freedom yo. Welcome to another episode of
- 0:26Simply Bitcoin Live or your number one source for the
- 0:28peaceful Bitcoin revolutionary code breaking news culture of
- 0:31magic warfare. We will be your guide through
- 0:33the separation of money and state.
- 0:35Interesting Elon Musk, very interesting character because it
- 0:43kind of reminds me of the gold bugs.
- 0:45Correctly identifies a lot of the issues last.
- 0:50You know, one of the things that we're going to cover today just
- 0:52someone asked basically like what is the scam that you know
- 0:57is is so well propagated that people are just considering it.
- 1:01A matter of fact. And Elon must just answered Fiat
- 1:05money, Fiat currency, right. But this reminds me of something
- 1:08that beauty on always says if you don't, if you identify the
- 1:13problem but you don't present a solution, it's like you're kind
- 1:18of running in the same place, right?
- 1:20And and and this this also applies to politics as well,
- 1:23right. So because politics don't like,
- 1:27you know, you can vote for the, you know, the liberal or the
- 1:30conservative or the independent or the libertarian or whatever.
- 1:34But if you don't fix the root problem, which is bureaucratic,
- 1:40elite have the ability to create money for free that everyone
- 1:42else has to work for. The whole system is rotten.
- 1:46If you don't fix that, it doesn't matter who you vote for
- 1:50because the incentive structure is just not aligned.
- 1:53Right. So.
- 1:55And Elon also talked about freedom of speech as well.
- 1:59And you know, he's, he's seen the writing on the wall, right?
- 2:03You know, there's some comments made by President Biden
- 2:06basically saying that, you know, he's kind of bummed out that the
- 2:09US government can no longer ask Twitter to, you know, deep
- 2:14platform or censor certain things, even though that is
- 2:16explicitly against the 1st Amendment.
- 2:19But that goes hand in hand, right?
- 2:21That goes hand in hand with what I believe we're living through
- 2:27as a human species. We're, we're living through the
- 2:28disintermediation of of information and the
- 2:32disintermediation of money and all these old models, whether
- 2:37it's, you know, the government's, you know, and
- 2:42their ability to control the narratives using media sources,
- 2:47you know, the Internet has greatly diminished their ability
- 2:51to control the narrative, their ability to control speech, their
- 2:54ability to control money. And that in turn empowers
- 2:59individuals. And I think slowly but surely
- 3:02with tweets from Elon, we're also going to cover a video from
- 3:06Eric Weinstein talking about, you know, how bitcoiners are
- 3:09just saying Bitcoin fixes this. And he's like, that's not true.
- 3:12What you're seeing is the slow shift of the Overton window.
- 3:16A slow shift of the Overton window, slowly Bitcoin.
- 3:20The idea of Bitcoin is sleep is seeping into the mainstream.
- 3:24And I think that's why you have the hostility from governments,
- 3:27from the I MF, from the World Economic Forum, all these very
- 3:32powerful institutions that are just not fans of Bitcoin
- 3:36precisely because you know it. It it takes away their monopoly,
- 3:43their monopoly on information, their monopoly on money.
- 3:46So yeah, we're gonna cover that on today's episode.
- 3:49I think all roads lead to Bitcoin.
- 3:51We've made episodes on this before with Elon, you know,
- 3:54talking about potentially including a Playman platform,
- 3:58intox.com, formerly known as Twitter.
- 4:01He's gonna quickly find out that, like, unless he uses
- 4:05Bitcoin as the base layer, as the back end of that,
- 4:09governments are just going to censor it.
- 4:10They're going to destroy it. They did the same thing to
- 4:12PayPal. They did the same thing to
- 4:13Facebook when Facebook wanted to launch their own, you know,
- 4:18cryptocurrency, the Libra, the government shut that down real
- 4:21quick, right? So that's why it's Bitcoin,
- 4:24because they don't have the ability to shut it down.
- 4:28And because they don't have the ability to shut it down, they're
- 4:30forced to compete with it. And if they're forced to compete
- 4:34with it, then it's not just like, OK, you have to use our
- 4:38money just because it's more so. We have to incentivize people to
- 4:44use our money. The problem is that when people
- 4:47have a choice between using a money that is deflationary,
- 4:52using a money that is censorship resistant versus using a money
- 4:55that is inflationary and censored over time, that door
- 5:02only goes one way, right? So yeah, excited about today's
- 5:08episode, Lots, of lots of things to talk about.
- 5:11But before we start the show and I bring up my legendary cohost,
- 5:13he's always optimistic. Are you optimistic this week up?
- 5:17Dude, being optimistic is a state of mind, Nico.
- 5:20You got to always stay optimistic or else you'd end up
- 5:23crying in a fetal position. In this field, we stay
- 5:27optimistic out there. But yeah man, crazy.
- 5:30I think today's topic kind of goes into a theme we talk about
- 5:33here on the show constantly that I think most people know what
- 5:36the problem is. Well, at least most people that
- 5:38know or are in tune with what is going on in the world.
- 5:42We know what the problem is. Obviously it is Fiat monies and
- 5:45the money printer but few people know what the what the solution
- 5:48is to that and we even posted on our on our Twitter this morning.
- 5:52It's like, does Elon like how long will it take for Elon to
- 5:55understand Bitcoin? And I'm kind of going back and
- 5:58forth like I I think he does understand Bitcoin, but he just
- 6:01likes to troll. Or on the other hand, you know,
- 6:04he's a billionaire. He's got a lot of Fiat money, so
- 6:06he probably doesn't have to understand how money works
- 6:09because he just gets so much of it.
- 6:11So until he started feeling the pain, maybe, I don't know, maybe
- 6:14he does understand Tesla does have own a lot of Bitcoin,
- 6:18right? So, So maybe he's playing dumb.
- 6:22Anyways, I want to bring up our guests Zia Legendary Bitcoiner.
- 6:27How you doing bro? Hey there guys.
- 6:30Happy. Happy to.
- 6:32Thank you for joining us. Man, Z is an absolute legend
- 6:35true bitcoiner. And I think you know I love
- 6:38having, I love having Z on the show.
- 6:40Because this Bitcoin isn't just a phenomenon that is happening
- 6:45in one location or in in one specific location.
- 6:50It this is a worldwide phenomenon, right?
- 6:52This is a worldwide phenomenon of individuals choosing to use
- 6:56Bitcoin as money. So we're really, really happy to
- 7:00have him on the show today and to get into conversation.
- 7:05So Zia, once again, thank you so much for joining us.
- 7:08Yeah, thanks for thanks for the invite actually.
- 7:11So I'm very happy to be here. I love your project and your
- 7:16podcast and the media that you're.
- 7:20Actually trying to focus only on Bitcoin and I get, I think that
- 7:25the positive positivity that comes in the simpler Bitcoin
- 7:30maybe comes from optimists here. So I've seen this and it's it's
- 7:35a bit difficult. It's a bit different than some
- 7:38other actually medias here and in this space, in the Bitcoin
- 7:42space. I love it, and I don't know if
- 7:45your audience knows me. What I.
- 7:49I'm a YouTuber, podcaster, Bitcoin educator and Bitcoin
- 7:53enthusiast from your own. I've been doing this since, I
- 7:58don't know, 2000 and 1617 for now, and I've built communities
- 8:03here in your own. I've contributed a lot to the
- 8:05space and try to educate people I like.
- 8:10I would like to consider myself as like I've done.
- 8:14Some very influential things with regard to growing the
- 8:18Bitcoin space here like our community rocks actually.
- 8:21So it's it has done many things they've built to complete the I
- 8:27don't know, what do you, what do you call it, something an index
- 8:30of resources all translated to Farsi, which is the language
- 8:34that people in Iran talk they they've done a lot of things.
- 8:40They've done projects that help spread Bitcoin awareness.
- 8:43They've. Actually contributed to Bitcoin
- 8:46projects all we even had people from our community who
- 8:50contributed very small things in Bitcoin Core.
- 8:53So it's like it's it's a very good community it's it may have
- 8:58sometimes people are saying in the chat that your your gain is
- 9:03a little bit low. Can you can you raise it?
- 9:06Raise it? Yeah.
- 9:10How about now? Much better.
- 9:12Yeah, make it. A bit closer.
- 9:14So what were you saying? Sorry.
- 9:18Yeah, I know it's coming in great now.
- 9:20Yeah, great. So yeah, we've done a lot of
- 9:24things here. So we've tried our best, but we
- 9:28could do more, even more here. And there is a big crowd in here
- 9:33actually interested in, let's not say, Bitcoin right now.
- 9:40Interested. So I'm going to, I'm going to
- 9:42talk about this later on when we're going to talk about like
- 9:45the situation Iran, about inflation and all of those stuff
- 9:48that happens in Iran. So let's say that we've got a
- 9:51lot of people who are interested in anything that they could put
- 9:58their hands on that could help them deal with the inflation
- 10:02here in Iran, so. Let's not say only Bitcoin, but
- 10:06it is actually one of the best tools out there.
- 10:10That may be actually a bit clouded but by the all of these
- 10:16like crazy stuff happening in the I don't know what do you
- 10:20call it the crypto space and the allcoin and ship coins?
- 10:23The space. It may be clouded by all of this
- 10:27stuff, but eventually all of them.
- 10:30Know that it is that Bitcoin that attracts them, but they may
- 10:34not know it right now. So yeah, so this is, this is I'm
- 10:39living in such a space and this is very different from what Opti
- 10:43was saying about Elon. That okay, that guy has a lot of
- 10:48money and he lives in a Western country that has some, like,
- 10:56what do you call it? We could we could agree that
- 10:59they it definitely have the basic level of I don't know
- 11:05living conditions that people would would would be happy to
- 11:10have in the in their society. But it's how what do you call,
- 11:15how do you call it Alex Glaston says that they are privileged.
- 11:19They have like financial advantage.
- 11:23And they don't know about it. So we know about the
- 11:27disadvantage we know. And like people from like
- 11:31bitcoiners from other places in the world, they may not know
- 11:37about this. So I'm very happy to talk about
- 11:39this here. And let's chat about it.
- 11:42Yeah, absolutely, man. Welcome to the show, guys.
- 11:45It's gonna be a good one. Let's jump straight into the
- 11:46numbers. The Bitcoin numbers.
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- 13:04Stamp Seed website. At the time of recording.
- 13:07The Bitcoin price is 28,080 sats per dollar 3561 block height 800
- 13:14ten 810,326 blocks to having 29,674 having estimate April
- 13:2321st 2024 Total lightning network capacity 4442 Bitcoin
- 13:28capacity value 124 million U.S. dollars.
- 13:32Realize monetary inflation 1.75% The market capitalization of
- 13:37Bitcoin $547 billion of the B Bitcoin versus gold market cap
- 13:444.37%. Anyways guys so we talked a lot
- 13:49about this concept of the Overton window but before we get
- 13:53to that I actually want to show you this video and apparently 60
- 14:02minutes did a piece on the FTX collapse and this person had
- 14:11some thoughts on had some thoughts on SBF and he said some
- 14:16really interesting things I I just like at this point like
- 14:21anyways I'll I'll I'll play you guys the video you guys you guys
- 14:24can come to your own conclusions.
- 14:26One of the most shocking passages in this book, I
- 14:29thought, came with this revelation that Sam had looked
- 14:31into paying Donald Trump not to run.
- 14:34That only shocks you if you don't know Sam Sam's thing.
- 14:38We could pay Donald Trump not to run for president.
- 14:41Like, how much would it take? Did he get an answer?
- 14:44So he did get an answer. He was floated.
- 14:46There was a number that was kicking around and numbers
- 14:48kicking around when I was talking to Sam about this was $5
- 14:50billion. Sam was not sure that number
- 14:52came directly from Trump. Wait, wait, so Sam's looking
- 14:55into paying Trump not to run and he actually get Didn't men have
- 14:59come from Trump himself? But he actually got a price.
- 15:02He got one answer. Yes.
- 15:04The question Sam had was not just his $5 billion enough to
- 15:09pay Trump not to run, but was it legal?
- 15:12Well, why didn't this happen? Why did you follow through?
- 15:14Well, they were still having these conversations when FTX
- 15:17blew up. So why didn't happen?
- 15:19He didn't have $5 billion anymore.
- 15:22Approach for comment by 60 minutes Neither former President
- 15:25Trump nor Senator McConnell responded last November.
- 15:29In a matter of days, mega billionaire Sam Bankman, freed,
- 15:32lost virtually everything, and he soon faced an onslaught of
- 15:36federal fraud charges. Dude, I mean and again, like,
- 15:42where is he paying him that money from?
- 15:43He's paying that money from other people's money because
- 15:46that wasn't his money in the 1st place.
- 15:50Holy holy cow. And this is just this having and
- 15:54I I can't even imagine what the next one holds anyways.
- 15:56So moving it back to the concept of the Over Overton window, this
- 16:00is Eric Weinstein, his extremely popular podcast.
- 16:04This is of course the legendary one and only American huddle, he
- 16:08says. Narrator.
- 16:08It was, in fact, it was in fact the answer.
- 16:12Here's what Eric Weinstein had to say.
- 16:14Some of you have an idea that you've got one lens, which is
- 16:18fix the money, fix the world. Bitcoin.
- 16:20That's the answer. Yeah, Bitcoin rock on.
- 16:23But no, that's not the answer some of you, an American, holds
- 16:30comment Nader. It was in fact the answer.
- 16:36Okay. So moving back to the concept of
- 16:39the Overton Window, right, So what is the Overton Window?
- 16:42The Overton Window is the range of policies politically
- 16:45acceptable to the mainstream population at any given time.
- 16:49It is also known as the window of disclosure.
- 16:51So, you know, here it is. So on the very top it's
- 16:55unthinkable, then radical, then acceptable, then sensible, then
- 16:59popular, than policy right. And of course, this varies
- 17:04dramatically depending on where you are in the world.
- 17:10In Argentina, for example, you know, the whole concept of
- 17:14ending the central bank, you know, getting, you know, Bitcoin
- 17:19is cool. Or for example, Salvador, right.
- 17:22You know, Bitcoin's legal tender, it's already policy
- 17:24there, right. And it's interesting because in
- 17:27those countries, they got so effed by the current system that
- 17:32it's pushed them from Thinking that the current system is
- 17:36popular to the current system is unthinkable there.
- 17:39The current system is crazy. It's radical, right?
- 17:42So what? What does this have to do with
- 17:44this clip that I just played you?
- 17:45Well, Eric Weinstein, like Joe Rogan, like Lex Friedman, like,
- 17:51you know, Tim Poole or is why we get so excited every time Tim
- 17:54Poole is, like, saying, look, everything's burning down, I'm
- 17:57just going to buy Bitcoin. And of course, the reason Tim
- 17:59Poole's saying that is because Max Kaiser offered Tim Poole
- 18:03thousands of Bitcoin when it was like pennies on the dollar, when
- 18:06it was like a dollar a coin, right?
- 18:08So the Overton window is shifting.
- 18:13And when someone takes a stance like this against Bitcoin, it
- 18:16reminds me of those tweets, those very famous tweets of
- 18:21those bitcoiners basically saying, like, oh, I'm not going
- 18:25to buy Bitcoin because it's already at a dollar.
- 18:28It's too expensive. Like, that video is going to age
- 18:31just like that, right? You're going to look at that
- 18:33like 10 years from now and be like, whoa, it really was the
- 18:37money all along. And if you think about it like,
- 18:40like if you think about why bitcoiners say that, like, fix
- 18:42the money, fix the world. Like, it's a very simple
- 18:45concept. Like half of every transaction,
- 18:50there's money involved, The base layer of society, there's money
- 18:54involved. And if that base layer is
- 18:56corrupted, that base layer is broken, society is broken,
- 19:02right? There's a tremendous amount of
- 19:05people that, sorry, there's a, there's a, a, there's there's
- 19:08this elite group of people that have this ungodly power of being
- 19:13able to control money, the issuance of money, The Who is
- 19:19entitled to use money, who's not entitled to use money?
- 19:21The weaponization of of of that power, right.
- 19:26And and that really misaligns incentives completely.
- 19:29It like Frankenstein's, the whole system.
- 19:33And I think what we're living through right now, like a lot of
- 19:36people will say I've heard this 1000 times like this is late
- 19:39stage capitalism. No, ladies and gentlemen, what
- 19:43you're living through is late stage Fiat.
- 19:45That's what we're living through right now, late stage Fiat.
- 19:48So I think Eric Weinstein is wrong.
- 19:51I do believe. Fix the money, fix the world.
- 19:54But that 60 minutes piece, so it's absolutely hilarious, man.
- 19:59This guy was bribing A potentially a presidential
- 20:03candidate with $5 billion of other people's money.
- 20:08Like, holy cow dude. And this was this cycle.
- 20:12I can't even imagine what the next cycle is going to be like
- 20:14the, you know, the craziness and the intensity and all the
- 20:18madness. Anyways, Opti, what's your take
- 20:21on all this, bro? This is.
- 20:23Like, if you would have told I know I heard the stories about
- 20:26the crazy stuff in the penthouse.
- 20:28Like, I I heard those stories and I was already like, OK,
- 20:30that's pretty that's pretty nuts.
- 20:32But like, bribing the leading presidential candidate on the
- 20:37opposing party $5 billion not to run for office and then him
- 20:41asking like, is this legal? Like, dude, that's so crazy to
- 20:45me. It's so crazy.
- 20:46And again, the entire time it was not his money, which is like
- 20:50the cherry on top in my opinion. Yeah, well, personally, I'm not
- 20:54really surprised considering all kinds of the crazy news we saw
- 20:58come out of the SBS stuff. I I'm really more surprised
- 21:01about how 60 Minutes has covered all this stuff.
- 21:04And obviously here it's simply Bitcoin.
- 21:06You know what we say all the time.
- 21:07The corporate press is not to be trusted.
- 21:09We know who their masters are. But.
- 21:12You know, sidestepping that, obviously it's a big number and
- 21:15of course as someone that is anti shit coin, it's like wow,
- 21:19you know it. It must be very easy to use
- 21:22other people's stuff to or other people's money to fund things
- 21:26that you like. Hint on the Canteon effect, hint
- 21:29on why we are in the place that we are right now and on the
- 21:33Weinstein clip. It just really makes me think of
- 21:38the. Classic meme of intellectual,
- 21:40you idiot. And I'm not saying Weinstein's
- 21:42an idiot. He's way smarter than I am,
- 21:43obviously. Like, I don't know, he's he's
- 21:45damn near like a rocket scientist or whatever.
- 21:47He's, you know, way more accomplished in the academic
- 21:50field than I am. But it's funny that he can't see
- 21:55the nuance in that statement of like, obviously when bitcoiners
- 21:58say fix the money, fix the world, there is some nuance in
- 22:01what we're saying, but it goes back to the basic.
- 22:05Premise that we talk about here on the show all the time.
- 22:07The more money you print, the poorer everyone gets and the
- 22:09more money they can print to fund things that we don't agree
- 22:12with, the more problems we see in the world.
- 22:15And we're constantly seeing this play out in real time.
- 22:17And so yes, you know, Narrator confirmed it was the money all
- 22:22along. It's always been the money.
- 22:24It has always been the money. It's been the money since the
- 22:27Roman Empire. You know, cliche men talking
- 22:29about the Roman Empire every single day.
- 22:31It's always about debasing the currency, guys.
- 22:33This is why we constantly tell you guys to protect yourself, to
- 22:36save in Bitcoin. Because look.
- 22:39Whether they're right or we're right, only time will tell and
- 22:43obviously we believe we're right.
- 22:45And so we put our money with our where our mouths is and we have
- 22:48taking as much money out of the Fiat system as possible and
- 22:52we're holding a currency or a money that cannot be debased
- 22:55because we do not agree with this stuff.
- 22:57Like we have come to a point where what's the saying, you
- 23:01know, I think it's Ben Franklin where he says, like there comes
- 23:04a point where people realize that they can vote.
- 23:09Themselves money or vote vote for things and and acquire
- 23:13basically capital and property And like this is where we are
- 23:16and This is why we don't like this is because I don't know
- 23:19about you but even that SPF example is just showing that if
- 23:23you have enough money you can try to pay people off.
- 23:25And I'm sure buying off bankers and politicians are just as
- 23:28cheap guys. I think we had the example last
- 23:31year that like buying off a politician is like $10,000 and
- 23:34if his name's not Trump because he's a billionaire himself and
- 23:37so buying off. People is just it's just a
- 23:40common occurrence and and that's why I'm not really surprised we
- 23:43know that this happens. I think it's just kind of a
- 23:47shocking because it was $5 billion and if that's true then
- 23:49it's like damn, man, you know I need to get in a different
- 23:52racket and you go, but I mean look this is where this is where
- 23:57we are in the world and This is why we do what we do on the show
- 23:59is we constantly show the hypocrisy of the Fiat system.
- 24:03But furthermore. We know what the problem is and
- 24:06we have a solution. It is taking Bitcoin into self
- 24:09custody. It is putting some sizable chunk
- 24:12of your savings into Bitcoin if you do not agree with this
- 24:14stuff, If this stuff is shocking to you, then you need to hold
- 24:17some Bitcoin because it is catching on in real time.
- 24:22Oh, man. Amen to that.
- 24:24Zia. What?
- 24:24What's your take on all this, bro?
- 24:27I think you're muted. I think you're muted.
- 24:31That's a bit far from our situation here.
- 24:35So it's it's, well, I don't know.
- 24:39It's about like what happens mostly in like the just see how
- 24:46this caption here is this call and just calling me lobbyists.
- 24:50All lobbyists are the business of all are the business of
- 24:53prides. So we don't have this thing
- 24:56here. So it works different here.
- 24:59It's like the money builds corruption, I would say like.
- 25:02So it builds corruption into some kind of a like a pyramid of
- 25:08power thing. So it's it's it's something
- 25:12different. It's not like you need to bribe
- 25:15people it's there's you opti just reference to the Canteon
- 25:20effect. So this this this works from
- 25:25it's directly. Works from the money printer
- 25:30people here so and the money printer people are the
- 25:33government and and it's it's it's it makes them have much
- 25:42more money to just play with and just not to not care about
- 25:47people so I know that. I know that it may have a lot of
- 25:51details and it may have a lot of details like with regard to like
- 25:57lobbying and with regard to how the American politics works.
- 26:03But it's much simpler here. So you've got money you've got
- 26:06power. So, but that that's the basic
- 26:09part. So it's it's in our corrupts
- 26:13here. So this is this is very.
- 26:19So it doesn't need to be told to people here.
- 26:22So people just walk around in the street and just see the news
- 26:28and everything and anyone. It's just ask anyone and they
- 26:32would tell you about the level of corruption that that that is
- 26:35that that's been happening here. So it's it's, yeah, it's not
- 26:39that difficult for people to see.
- 26:42The, the effect and the the what do you call it and the advantage
- 26:48of something like a very good and some money which cannot be
- 26:51controlled by the government or cannot be printed or cannot be
- 26:57hold in in their domain actually it's the issuance would not be
- 27:02in their domain. So, yeah, it's it's a bit
- 27:04different here and it's much more simpler, I guess.
- 27:09Yeah, 100%, A hundred percent, 100%.
- 27:12All right, everybody, let's get to the news.
- 27:14We got a lot to talk about. Let's check it out.
- 27:16Here we go, the daily. News I wanna give a shout out to
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- 28:30hardware wallet. All right guys.
- 28:31So this is what I want to talk about today, cuz this is kind of
- 28:35it's like there he's he's right on the door.
- 28:38He's he he's, he's he's right on the door, He's knocking on the
- 28:41door, but he hasn't opened the door yet.
- 28:46And I just, I don't know. Anyways, so it says what's a
- 28:52scam That's so normalized that we don't even realize it's a
- 28:55scam anymore. And then Elon Musk says Fiat
- 28:59currency. Here's real eye says I stepped
- 29:04in shit and there's a 10 year old bill underneath.
- 29:08Why do you sell Tesla's Bitcoin? So look, everyone, you know a
- 29:11lot of bitcoiners are going in ham.
- 29:13This is why Twitter is so important, right?
- 29:15Because you know, it allows you to to make your voices heard,
- 29:20right? And everyone is just pointing
- 29:22out, you know the scam that is that Fiat money.
- 29:25But most importantly, it's Elon Musk.
- 29:27Elon Musk has a massive following. 158 million people
- 29:33follow him. This tweet got a tremendous
- 29:35amount of engagement. So going back to the concept of
- 29:39the Overton window, this is how it shifts.
- 29:42This is how using Bitcoin and non government issued money goes
- 29:48from unthinkable to radical to acceptable to sensible.
- 29:53This is how the idea of Fiat money it goes from unthinkable
- 29:58or sorry policy. Popular.
- 30:00Sensible, acceptable, radical, right.
- 30:02This is how it happens, slowly but surely, right?
- 30:06Cuz this meme is is like it's a very straight up question.
- 30:08What's a scam that's so normalized that we don't even
- 30:12realize it's a scam anymore? And why is it a scam?
- 30:15Because the government could just print more of it.
- 30:18It's a hidden tax that affects the lower and middle classes the
- 30:23most because they don't have the means to save in assets.
- 30:26It makes life unaffordable. Now what's really interesting
- 30:30about this is that according to Bitcoin treasuries, Tesla holds
- 30:379720 Bitcoin, followed by marathon that's holding 11,000
- 30:44Bitcoin, followed by micro strategy that holds 158,000
- 30:48Bitcoin. So Elon's, you know, Elon's
- 30:53company, I know he's sold some for sure, but they're still
- 30:56holding a a nice chunk of a nice chunk of of of Bitcoin.
- 31:00Now moving on to the other topic that I want to talk about and
- 31:06this is I I just want to talk about, you know, to be specific,
- 31:08I want to talk about freedom of speech in in the US for the sake
- 31:12of this episode. So Elon Musk says if we lose
- 31:15freedom of speech, it's never coming back.
- 31:19Now why is he talking about this where there's some some kind of
- 31:21like scary things that we saw over the weekend?
- 31:23This is Vivek Rajma Swami. He's, I know he's a, he's a fan
- 31:27of Bitcoin. But he posted this clip of
- 31:30President Biden being interviewed and it just kind of
- 31:35blows my mind. Let's see, let's see what the
- 31:37clip has to say, what Elon Musk has done to Twitter lowering
- 31:41guardrails against misinformation.
- 31:42Does that contribute to it? Yeah, it does.
- 31:45Look. One of the things.
- 31:47As I said to you, when I thought I wasn't going to run, I was
- 31:49going to write a book about the changes taking place.
- 31:52And most of. US directed over the years with
- 31:55these fundamental changes in society by changing technology.
- 31:59Gutenberg. Printing and the printing press
- 32:01change the way Europeans could talk to one another all the way
- 32:04to the day. Where Where do?
- 32:07Get their news they, they, they you know they go.
- 32:11On the Internet they they, they they they go.
- 32:13Online they go. And you have no notion whether
- 32:18it's true. Or not?
- 32:19What about what Elon Musk has done?
- 32:23So and then let's move on to right.
- 32:26So it's crazy. You know even the US with First
- 32:29Amendment protection, right. the US the president is basically
- 32:32saying like it is absolutely nuts that you know Elon Musk is
- 32:35taking over Twitter and he's allowing speech you know that we
- 32:38don't agree with the government. But this isn't only just
- 32:41happening in you know in the US has also happened in Canada
- 32:45recently. Canadian government armed with
- 32:47one of the world's most repressive online censorship
- 32:49scheme announces that all online streaming services that offer
- 32:52podcasts must formally register with the government to permit
- 32:56regulatory controls. Right.
- 32:57So that they're censoring podcast.
- 33:00Now why is all this happening? Right.
- 33:02Put all the politics aside and you know, cuz I I don't think
- 33:06any of that is important. What I what I what I do believe
- 33:10is that we have to identify what the root causes.
- 33:14And here's this very good tweet from Jeff Booth and it's a
- 33:18response to a tweet from Elon Musk that said how did most of
- 33:22the legacy media go from superheroes of freedom of free
- 33:24speech to super villains of speech suppression?
- 33:28And I think this only not only applies to legacy media, I think
- 33:30it just applies to everything. And Jeff Boo says because broken
- 33:34money ensures that the centralization of power by
- 33:36stealing the productivity through inflation that should
- 33:38flow to the society in the form of lower prices, then those
- 33:41enriched by that theft and subsequent power must control
- 33:44the messaging to keep it. It's a very, very, very powerful
- 33:47statement. So, yeah, what do you guys
- 33:51think? Am I seeing things that are not
- 33:53there? I I think the Overton window is
- 33:56slowly starting to shift in terms of the public's perception
- 33:59of Fiat money. I think that's becoming
- 34:03apparent. You know, we've been covering
- 34:05this for quite a while. You have more and more
- 34:08mainstream podcasters and producers talking about the scam
- 34:12of Fiat money, talking about Bitcoin.
- 34:15I think it's just a matter of time before the dam breaks.
- 34:18Maybe I'm seeing something that's not there.
- 34:20Opti, what's your take? Yeah, well.
- 34:22I'd agree with you. I've been saying for a while
- 34:24that I think the Overton window is shifting and I think Bitcoin
- 34:29has crossed, as I've been calling it the Rubicon into
- 34:32mainstream consciousness. And and we've been constantly
- 34:34showing that a lot of Bitcoin talking points have been coming
- 34:37up in Normie podcast, whether it's like Elon Musk or Joe Rogan
- 34:40and stuff. And it kind of goes back to what
- 34:42we always say like. I think a lot of people that are
- 34:44awake and are noticing what's going on in the world, they know
- 34:48what the problem is, but they usually have like a political
- 34:50solution or, you know, political solution.
- 34:53And so it doesn't really actually fix the problem.
- 34:55They're like, oh, we just need to vote someone in correctly and
- 34:58they'll fix this. Or like even we saw RFK come out
- 35:00over the weekend about like. I don't know something about
- 35:04mortgage rates and how, like printing more money is going to
- 35:06fix it or something. So it's like they always double
- 35:08down on the same idea. It's like, hey, if we print this
- 35:12money, we will allocate it better.
- 35:14And the fundamental problem that we always say is the printing of
- 35:17money is why we are our poorer. This is why we are seeing all
- 35:20this crazy stuff happen. And then on the Elon, Elon
- 35:23point, you know? Say what you want about Elon
- 35:26Musk and everyone always trolls me like why is off you always
- 35:28say say what you want is because it's like you can ask yourself
- 35:31the question, is Musk playing 40 chess?
- 35:33Is he just trolling? Do we have to trust Elon?
- 35:36Like should we even care? And I think all these questions
- 35:39are besides the point. Personally, he's talking about
- 35:42Bitcoin. Talking points like Fiat is a
- 35:43scam. And how many followers does he
- 35:45have? Like millions of followers on
- 35:47Twitter. He literally owns Twitter.
- 35:49He, at least publicly, is advocating for freedom of
- 35:52speech. Yes, maybe he is controlled
- 35:53opposition, but he's still incepting the ideas that
- 35:56inflation is, that that feel is trash.
- 35:59Whether people know this or not. I think it's one of those things
- 36:02of just like, slowly but surely, like, you know, step by step
- 36:07moving the Overton window. It's like back to the frogs and
- 36:10boiling water meme. And so I don't know like.
- 36:14Being a little bit of generous, and I know, like, Elaine's going
- 36:17to troll me in the chads, like he's controlled opposition.
- 36:19I know, I know, I know. I I understand this.
- 36:21But I also kind of think like, if you understand how power
- 36:26works. And yeah, Elon Musk on paper is
- 36:28the richest man in the world. And he's probably looking out at
- 36:31the landscape and he's like. I have just as much influence as
- 36:34anyone on the planet right now. And if you slowly but surely
- 36:38move the Overton window and you get people on your side, then
- 36:41like, what's he have to lose? He can literally topple whoever
- 36:45his enemies are. And so this is how you move the
- 36:47Overton window is like, I've been having these conversations
- 36:50with my buddy Joe Rogers all the time.
- 36:51He's over at the Print Bitcoin Magazine.
- 36:54He's, I think he's editor or I don't know.
- 36:56He basically puts the magazine together and we constantly have
- 36:59this conversation where. On the one hand, we want to beat
- 37:02people over the head with the truth and be like this is what's
- 37:05going on. Metaphor, of course,
- 37:07metaphorically. Yeah, of course.
- 37:08It's like, it's like being brash and and basically like forcing
- 37:11people to see the truth and like, you know, the Happy
- 37:14Gilmore or that have Billy Madison like stay in school, you
- 37:17know, we all want to do that, like shake people up.
- 37:20And I keep telling him that like, yeah, there's a time and a
- 37:22place for that type of conversation.
- 37:24But also a lot of the times you got to literally hold people's
- 37:28hands and you got to like very slowly move them.
- 37:31Over towards the way that you you see the world and I I kind
- 37:34of being generous again being generous see that must might be
- 37:38doing this. I I really do believe that at
- 37:41least in some sense. He believes what he's saying
- 37:44whether he's a good guy or bad guy.
- 37:46I think it's besides the point because he's talking about what
- 37:48we've been talking about and I've been seeing it everywhere.
- 37:52Everyone is talking about inflation.
- 37:53Everyone is talking about Fiat being a scam.
- 37:56And slowly but surely, we're going to get to a point where
- 37:58everyone starts to talk about Bitcoin being that solution.
- 38:00And once we get to that point, like it's really going to be a
- 38:04gradually then suddenly moment. And again guys like I know we
- 38:09say it all the time that just talking about it isn't enough.
- 38:13But I don't think it's necessarily, you know, Elon's
- 38:16job to just go out and be like Bitcoin only and be like, you
- 38:20know, download Bitcoin wallets and take your Bitcoin off in
- 38:22exchange. Like that's why we're here.
- 38:23This is why you guys are out there doing your job.
- 38:25It's kind of about incepting these ideas, getting more people
- 38:29to ask the fundamental question of what is money?
- 38:32What is this money I'm using? Is what?
- 38:33What? What even is Fiat?
- 38:35Why? Why is he talking about an
- 38:36Italian car? Like what is going on here and
- 38:38and incepting these ideas and talking about this stuff whether
- 38:42it is on? On mainstream or on Twitter or
- 38:44in these conversations, I think this is how we slowly but surely
- 38:48start to get people on our side. And again I I keep getting
- 38:52reminded of the Kelly's article, don't drink the elites kool-aid.
- 38:56And the fight we're seeing is a battle of free speech.
- 38:59This is, this is what all of the contentions going on.
- 39:02You know, we're seeing the Biden administration, or rather, most
- 39:06actually, as we've been showing on this, on this show.
- 39:09All first world governments fighting speech like it's
- 39:11literally Orwellian. And they are losing the control
- 39:15of truth. They are losing the narratives.
- 39:18And so they are doubling down and scrambling to control that
- 39:21truth. Because if they can control what
- 39:23people believed and they can control reality, and if they can
- 39:26control, quote UN quote reality, then they can control people's
- 39:28behaviors. And we know what clause Schwab's
- 39:31been talking about. We know who his puppets are.
- 39:33We know what they want to do. They want to control the
- 39:35narrative around the the normie mind so that they.
- 39:39Completely caught up in the bread and circuses and we're
- 39:42seeing people calling their bluff.
- 39:45Whether it's a troll, you know, like whether Elon just having
- 39:48fun trolling right now. I think it's kind of besides the
- 39:51point he's talking about the stuff that we're talking about
- 39:54and the fact that more people are asking a very simple
- 39:57question like what is inflation? What is money?
- 40:00Why am I getting poorer? Like what is Fiat?
- 40:03I think it just goes to show that we are winning and the
- 40:05Bitcoin narrative is is just slowly but surely getting into
- 40:09the mainstream consciousness And obviously I would love to see it
- 40:12go faster. But I also understand how humans
- 40:15work and and they're very thick thick gold and and they don't
- 40:18like to learn new things and so slowly but surely you just got
- 40:21to hold their hand and push them towards the the general
- 40:24direction and call their bluff. And on that note, This is why we
- 40:28say all the time it's not enough to just talk about the problems,
- 40:31it's about getting the solutions in people's hands.
- 40:34And that means downloading Bitcoin wallets, that is using
- 40:36the Noster, freedom of speech platform.
- 40:38You know, encrypted messaging, Whatever you think is the best
- 40:41way to fight this stuff is how we win is by getting more people
- 40:45to do what we think is the best practices.
- 40:48Taking Bitcoin into self custody.
- 40:50Running notes, using Noster. Using encrypted messaging.
- 40:55Like having these conversations in real time so people aren't
- 40:58afraid of having the conversation because like this
- 41:01is where we are. People are afraid of talking
- 41:03about the truth because they know that the truth is dangerous
- 41:07to the establishment. And here we are.
- 41:10We know what is going on. I'm very convinced that
- 41:13bitcoiners have the answers. And as we've seen over the
- 41:16weekend, you know the price of Bitcoin starting to pump.
- 41:18So hey, as the price goes up and bitcoiners are right, then we
- 41:22have more resources to do what we want to do and spread the
- 41:25truth and build the things that will literally save humanity
- 41:29from ending up in a digital dystopian, Orwellian future.
- 41:32And this is what I'm here for. We're winning.
- 41:34This is all I can keep saying. We're winning our narrative.
- 41:37It's constantly going up because we have the truth and more
- 41:40people are waking up to the scam that is the modern world.
- 41:43Anyways, I I think I ranted another Zaya Zia.
- 41:47What's your thoughts on this? I see.
- 41:49So there's this thing about freedom of speech.
- 41:52It works in a way that, like freedom of speech, is one of
- 41:57those. Components that is very
- 42:01important for like liberty for for for freedom.
- 42:06So it's it's literally in the in the title and in the dichotomy,
- 42:11the dilemma between like freedom and security.
- 42:14We we you've got something if you give it up, if you give up
- 42:17something or even if you see some, what do you call them like
- 42:22special circumstances they call it actually it's it's very
- 42:26common here. In Iran that they call it,
- 42:28there's a special circumstances like this is this is similar to
- 42:32what we've had like in the next like in the past few years that
- 42:37happened globally. So we've got some special
- 42:42circumstances that the we're going to use some tools, we're
- 42:46going to use some practices or procedures like the government,
- 42:50I mean by you the government does something that.
- 42:57Introduces new things and makes people accept them.
- 43:00And if this stays on, it's going to be well, well, it's it's not
- 43:07going to be very good for your your your freedom side of things
- 43:13and it's going to stay. So let's take this this example
- 43:17I've I've heard a few weeks ago on a podcast.
- 43:22They were talking about barbed wire.
- 43:24So it was like this is something for the trenches in the World
- 43:28War One I guess so this was not anything.
- 43:32So there was nothing similar to barbed wire in the course of
- 43:37history. So, and they made it for the
- 43:40trenches, but nowadays you see it on.
- 43:44A lot of buildings that need security, that needs actually
- 43:48they say they need security or surveillance or anything.
- 43:53And we. See it a lot on everywhere,
- 43:56actually. There's there's a lot of barbed
- 43:59wire in a lot of places. So how did this come to be
- 44:05something from war, Something designed to actually?
- 44:11Annihilate people so used to be now used in societies, and this
- 44:17is very similar to what happens in the digital domain and with
- 44:23the freedom speech like they and the surveillance tools and the
- 44:29tendency for people to accept them actually, even if they're
- 44:35not accepting them. What happens is that, like there
- 44:41comes some special circumstances or some very uncertain times
- 44:46that, OK, people, just let's just accept that we're going to
- 44:50do this inhumane things temporarily.
- 44:53But but but it catches on. It stays on.
- 44:56You cannot take the power outside of the wielder wielder
- 45:02of that power. The the, the thing that Nico
- 45:06said with the, I think it was about Canada and there I don't
- 45:10know, registering podcasts and platforms and stuff like that.
- 45:14So actually we had this here and you're on too.
- 45:16And it was like it's not actually about podcast.
- 45:20Every person who wants to use some local app.
- 45:24Local I mean something a home proved app, a social media or a
- 45:31messenger or anything like that. They it was a time that they
- 45:37suggest. I don't know if they do it or
- 45:38not because nobody actually uses those apps, but they actually
- 45:45wanted people to register, register their, I don't know, ID
- 45:49card numbers and do some kind of KYC to just use a username on a
- 45:56social media app. So.
- 45:59So it is. It was very silly here when
- 46:02we've heard about it. I can't imagine how the
- 46:06Canadians feel about something like that being introduced in
- 46:10their, I don't know, law or anything.
- 46:12So this is this very, very interesting stuff happening.
- 46:15And if we consider them not always with regard to this, what
- 46:22they call them, these uncertain circumstances, and I don't know
- 46:25Special Situations that. They want to introduce these new
- 46:29things that limit our freedom of speech if if they're not
- 46:33happening like that. So that means somehow we're
- 46:36somehow like giving up. Are we giving up that they take
- 46:40it easy on doing doing it like this?
- 46:42I don't know. What Opti says is like, very,
- 46:45very important here. I mean, he says that I don't
- 46:50know, encrypted messaging. Use anything that helps your
- 46:55privacy, you're going to need it.
- 46:57In the future, it better to learn now you're going to need
- 47:01it. 100% I I completely agree with with with your statements
- 47:07man and and you know it's it's very scary that you know this is
- 47:12happening in Canada the way it is and there's some awesome you
- 47:15know bitcoiners in Canada and they have some awesome Bitcoin
- 47:18podcast you know and the government wants to get involved
- 47:21you know how long until and remind you by the way these are
- 47:24the same governments that are saying.
- 47:27Trust us with central bank digital currencies if they can't
- 47:30even trust you with speech. What makes you?
- 47:34Think they're going to trust you with money, right?
- 47:36Like it. It is.
- 47:38It is ludicrous, right? This is why Bitcoin is
- 47:41important. This is why the Internet is
- 47:42important. This is why running your own
- 47:43note is important. The start nine is awesome.
- 47:46It's like it's like a personal server at home.
- 47:48Like you could have all these apps and do you know
- 47:51peer-to-peer messaging like it's badass?
- 47:55You know, This is why. You know taking back your
- 47:58sovereignty using the Internet, using the tools that the
- 48:01Internet enables you to use, is so important in maintaining your
- 48:07freedoms regardless of where you are in the world.
- 48:10So the fight for free speech is the frontline for the battle for
- 48:16for the fight for Bitcoin, we lose the fight for free speech.
- 48:19We will lose a fight for Bitcoin because.
- 48:23But yeah, you could use money that we can't censor control.
- 48:26Yeah, you could use that. But you can't have certain
- 48:29thoughts like, you know, thinking that is just, you know,
- 48:32it's absolutely absurd. So that's why we talk about
- 48:35this. We always talk about this crazy,
- 48:37crazy moment in time many ways guys, before we move on to the
- 48:41culture to talk to Zia. I want to give a I want to give
- 48:45a shout out to our sponsor, Kaboom Racks.
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- 49:27culture. We got a lot to talk about
- 49:29today. Let's check it out.
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- 49:54Visit swanbitcoin.com today. All right, I am excited for this
- 50:00one guys. So Zia kind of gave you a TLDR
- 50:05on who he is in the beginning of the show.
- 50:07And personally, I am honored to have you on the show.
- 50:10I've. I've told you this behind the
- 50:11scenes as well, Guys, if you don't know Zia's story, he's
- 50:16literally a freedom fighter in the flesh.
- 50:18You you came across my radar. I think it was a year ago when
- 50:21you got arrested for literally being a freedom fighter for
- 50:25speaking truth to power. So absolute kudos to you.
- 50:28But that's not what we're here to talk about.
- 50:30We want to talk about how, and you touched on it earlier, how
- 50:34Bitcoin is being perceived right now in Iran and and what you see
- 50:39on the ground right now. So what's the opinion of people
- 50:42over there in regards to Bitcoin and what's your takes on this?
- 50:48Yeah, so this is what actually this is the main thing that
- 50:52people want to know about Iran with regard to Bitcoin.
- 50:56So but it's how does it? Happened there.
- 51:00So how is it going on with Bitcoin here?
- 51:04It's like there's a lot of parts and there's a lot of aspects to
- 51:09this thing so to talk about this topic but the main thing is that
- 51:17you have been you had a glimpse of what happens in places like
- 51:22you're on. I guess not only you're on,
- 51:24maybe coup of. Or maybe also is a bit different
- 51:31because of the legal tender thing and stuff.
- 51:34So you could you could imagine what what happens in your own
- 51:42communities but more but bigger but in in more rapid numbers
- 51:49with more actually people grasping the.
- 51:57What do you call? It's like the advantage of
- 52:01having such a thing as Bitcoin in the world, so you could, you
- 52:06could just look at your own community if this quicker, like
- 52:1410 times what would happen? This is what's happening in Iran
- 52:17and I guess in other countries which are undergoing similar
- 52:22situations, like the inflation situation in your own.
- 52:25So the the, the one of the main things that that we could start
- 52:31this talking about this thing is that the inflation situation.
- 52:35So it's like it's crazy it's it's it's crazy.
- 52:39So I I don't have for for the lack of the better world.
- 52:42We just just call it crazy because it's like you could.
- 52:47Just buy this phone or something for, let's say, a month's work.
- 52:56Of a salary of one month work for your month, and in few
- 53:02months, not even years, it may take you like six months of
- 53:06income to just buy the phone. So this could just happen in a
- 53:10very short period of time. And it's like killing people,
- 53:15it's crushing them. So it's very, very difficult for
- 53:19people to just overcome the situation here.
- 53:23With the inflation state situation, so it's and the
- 53:27inflation situation is due to a lot of stuff that you may have
- 53:31seen or read on the news about your own.
- 53:33So there's a lot of stuff going on which we will not be going
- 53:37into. It's it's a lot of, there's a
- 53:40lot of details and there's a lot of, but the inflation have made
- 53:48the lives of people very difficult here and and people.
- 53:52Want to grab hold of anything that could help them fight the
- 53:56inflation, that could ease the impact inflation on them.
- 54:00So whatever. If they could, if they have
- 54:04enough money to buy a car, they're going to buy a car.
- 54:07A car is not a tool here. It's not a it's not actually a
- 54:11vehicle. So it's more like an investment.
- 54:15It's something which is very liquid.
- 54:19You could just. It's it's very, it's very easy
- 54:25to buy and sell a car here. So a lot of people see it as an
- 54:30investment, something to put their money into and expect not
- 54:34to lose value. But we know actually cars are
- 54:39not meant to do that. But it's very odd it happened.
- 54:43It is like this here in Iran, so a lot of people just tag their
- 54:48money in cars. And there is people who buy
- 54:52land, gold, USD actually cash USD cash is the whole this year.
- 55:00And this is the tendency, the general tendency of people to
- 55:04how to on how to deal with their money.
- 55:07And there's a number of people and it's not a small number
- 55:13actually. So we're going to talk about
- 55:15this later on, so we could just discuss it.
- 55:19So how does this number look, actually?
- 55:22But there's a lot of people who, so due to the accessibility of,
- 55:28let's use the word, digital assets or cryptocurrency right
- 55:31now, because they see it like this, they don't think about
- 55:35Bitcoin. Maybe they don't think about
- 55:37Bitcoin in the first step, but they see this.
- 55:40Thing that is called cryptocurrency in the like, I
- 55:44don't know, anywhere on social media, on Instagram, anywhere,
- 55:49even maybe in London news or on some newspapers, they see this
- 55:55cryptocurrency thing and see, so how is it that a lot of people
- 56:00around me talk about it and they see that it's very easy to buy
- 56:05them? And they are very accessible and
- 56:08they are another asset that you could buy and get rid of the
- 56:12local currency. So this is the what we call the,
- 56:16what was it, it was yours, Gresham's Law, I don't remember
- 56:21the name. So that is like the the bad
- 56:24money is in very rapid circulation and people just want
- 56:29to get rid of, get rid of it and.
- 56:33They just go and buy anything that may actually excel in
- 56:39keeping their own, their value. And this goes on to this
- 56:46cryptocurrency space thing that actually is led by Bitcoin.
- 56:50It actually have been introduced by Bitcoin even in your own
- 56:54everywhere and little by little people figure out that they
- 57:00could. They trade it or do some trading
- 57:04and shit like that and they they just harm their own.
- 57:09So they they make their own situation even worse.
- 57:12Some some of them do that because there's no because they
- 57:15have this. They have been putting up with
- 57:18all of this difficult time and with the all of this, actually,
- 57:26this, this. This difficult situation of
- 57:30dealing keeping the value of their money and they have been
- 57:36growing, There's been a growing trend of poverty and increasing
- 57:42trend that more and more people are becoming poorer and poorer
- 57:46every day here and they just want to somehow get rich quick
- 57:52and anyone or anything that promises this to them.
- 57:56It may become, it may be very attractive to them, so they may
- 58:00be attracted to this get rich quick scheme that the
- 58:05cryptocurrency actually promises to them, but they soon find out
- 58:11that this doesn't happen and we see and now we get to Bitcoin,
- 58:16we see an ever increasing Bitcoin aware.
- 58:22And inflation aware and more actually financially grown up
- 58:28people who are accepting Bitcoin and as a very very good asset to
- 58:37be holding their their wealth into.
- 58:42And this trend is happening and this is the only thing that I
- 58:46guess is. Shows that that is very
- 58:50important actually to talk about to see how the people on their
- 58:55very severe inflation stricken situations and economies may go
- 59:05undergo a bit a tough process, not a very easy to just try to
- 59:15come to their own senses and. Remember that there's no such
- 59:21thing as getting rich quick with these promises of I don't know
- 59:27check coins and stuff like that and and actually anything.
- 59:32So there's a there's a very big trend of like scams, not even
- 59:37not not only crypto scams anything scams here in Iran that
- 59:43that is actually dependent on how people.
- 59:48See, they the financial, their financial status and their
- 59:53financial situation. They see that they are getting
- 59:56poorer and they won't just just get out of the situation.
- 1:00:00And they are very greedy in that regard and the scammers depend
- 1:00:07on that. And there's tons of people
- 1:00:11getting scammed every day in any way you could imagine.
- 1:00:16And cryptos are another one of these scams, so and people, but
- 1:00:22just people. When they encounter this thing,
- 1:00:25they get wiser and they know that this does not happen that
- 1:00:31fast and it is not a very easy solution.
- 1:00:36Even Bitcoin may not be a very good and easy solution.
- 1:00:39It's a bit of a tough one for most people who are not very
- 1:00:43well or familiar with it. But we're getting there where
- 1:00:47we're teaching people. We're trying to let people know
- 1:00:50how to use it, how to store it and what are the things that
- 1:00:55make it important. So yeah, this turn is very, very
- 1:00:59promising. I like it.
- 1:01:01So I didn't like this thing. And what I've saw in Iran like
- 1:01:06let's say two or three years ago, because there was a, there
- 1:01:09was a lot of, a lot of actually interest in check coins and
- 1:01:14cryptos and scams and all of that.
- 1:01:18And I was like maybe getting starting to lose hope a bit.
- 1:01:23But I saw that okay, people are now coming to their senses
- 1:01:28because they don't understand a bit whoopsie.
- 1:01:30I even see very, very. Trendy and TikTok style
- 1:01:39influencers in Iran who are talking about get Bitcoin in a
- 1:01:43very, very correct way and I'm really surprised.
- 1:01:49So how is it that this guy or this girl on TikTok who doesn't
- 1:01:53know anything actually about Bitcoin is saying the correct
- 1:01:58words about Bitcoin? It's like they have undergone an
- 1:02:01experience. They have actually felt that,
- 1:02:05experienced it and saw what it means to the separation between
- 1:02:11Bitcoin and offcoins here. And so this was the general
- 1:02:19thing about like the growing trend of a lot of people crypto,
- 1:02:26but a number of them, which is increasingly going up
- 1:02:32understanding Bitcoin and yeah, being attracted by it.
- 1:02:37Wow Zia. Well love to hear it.
- 1:02:38And first and foremost, I do have one last question I saw in
- 1:02:41the chat. You covered most of them.
- 1:02:43It was. I just kind of have a comment.
- 1:02:46This is why shit coins are so nefarious in the 1st place is.
- 1:02:50For the people that really need Bitcoin, they get caught up in
- 1:02:53the crypto scams and then you know they lose their life
- 1:02:55savings. Like that's the whole point of
- 1:02:57Bitcoin is to have this safety net to opt out of inflation.
- 1:03:00And then the second point is what we talk about here all the
- 1:03:02time on the show and and we love bringing on these these real
- 1:03:06life examples of people in countries with.
- 1:03:10Crazy inflation rates. I I was looking it up while you
- 1:03:12were talking. You guys had what, 50% inflation
- 1:03:14last year. I think you guys are at like 39
- 1:03:16currently. Like it's absolutely insane.
- 1:03:19But it just goes to show that once people do feel that pain,
- 1:03:22they will look for alternatives, they will look for hard assets
- 1:03:25and you know, they will jump eventually into Bitcoin.
- 1:03:28Obviously. It's kind of like that moving of
- 1:03:30the Overton window where they got to, you know, get exposed to
- 1:03:34the whole Bitcoin narrative in general.
- 1:03:36And then the last question is, we had a question here.
- 1:03:40About the on ramps, the often on ramps in Iran, so maybe touch on
- 1:03:45that real quick and then and then we'll move into the meme
- 1:03:48review. So what's it like to get Bitcoin
- 1:03:50in Iran right now? Is it you said it's kind of
- 1:03:52difficult. Is there businesses, You know?
- 1:03:55It seems like people are exposed to the Bitcoin signal, but we're
- 1:04:00wondering how easy is it to transact in Bitcoin there?
- 1:04:04That's a very, very good question because actually I just
- 1:04:08hinted on it. So I said a big number.
- 1:04:11So The thing is that there was this guy from one of these like
- 1:04:16cryptocurrency exchanges local here in your own.
- 1:04:20They just look like just other cryptocurrency exchanges.
- 1:04:23They are what they call them, trading platforms, something
- 1:04:26like that. So people just go there on these
- 1:04:30exchanges and buy Bitcoin and stuff.
- 1:04:32So there was this guy, this, I don't know who was the owner of
- 1:04:36the business or the CEO or anything.
- 1:04:39He said that based on their estimations, there may be or
- 1:04:44there is actually something about like 10 million users bit
- 1:04:49cryptocurrency. So they say cryptocurrency
- 1:04:51users, 10 million cryptocurrency users, this is like country with
- 1:04:5580 + 1,000,000 populations. So just look at the number.
- 1:05:01So and that's number very big. So, and I've seen that number
- 1:05:07may not be that far off from truth because I've seen a lot of
- 1:05:12exchanges that say I've seen the reports.
- 1:05:16I have some of the reports actually here I've been reading
- 1:05:19the reports and they say like we've got two or three million
- 1:05:23users active in our website. So it's like there's many
- 1:05:29websites and this is one of the websites that says we've got 2
- 1:05:33to 3 million users. So that's a very big number
- 1:05:36actually for that's about like 10% of the population of the
- 1:05:43whole country. And I just explained that this
- 1:05:50population is actually are looking for an asset to save
- 1:05:55their money into mostly rather than trade it.
- 1:05:59The trading part may be a confusion for them or it may
- 1:06:02take them the time to get rid of that behavior.
- 1:06:07But it's like the main concern is saving because the main
- 1:06:12concern and everybody's main concern is actually taking here
- 1:06:16in your own same with the world. So that's a very big number.
- 1:06:21And this number is mostly from what do they call exchanges or
- 1:06:26crypto trading platforms or something like that.
- 1:06:28There's like hundreds of them and 10s, maybe 10 or maybe 21 of
- 1:06:35them are very famous ones and a lot of people use them and these
- 1:06:41are the main method of acquiring Bitcoin and these are their
- 1:06:49ramps, the on ramps for the people here in Iran, most of the
- 1:06:53people. So it's not like everyone uses
- 1:06:55them. So there is there are mining
- 1:06:59activities being done in Iran and there's also OTC style
- 1:07:08traders who who you just you could just do ping them on
- 1:07:15Telegram and or in some telegram groups and places like that and
- 1:07:23just buy it come from them. So the on ramp experience but
- 1:07:27the on ramp experience for most of the Union people is like you
- 1:07:31go to this cryptocurrency exchange.
- 1:07:33So let's say it's a website just like, I don't know Swan or I
- 1:07:38don't know Coinbase or any other website you've seen already and
- 1:07:43you go there, you do a KYC and this is very bad actually.
- 1:07:48And with knowing that what happens here on and how the
- 1:07:54situation is with regard to freedom of speech and human
- 1:08:00rights and all that is if it's not on the good side giving you
- 1:08:06out your KYC is not that good of a thing.
- 1:08:09So in such situations it's not it's not of a good of a thing
- 1:08:13anywhere in the world, but it's maybe worse here.
- 1:08:18And doing KYC and then they could just it's actually after
- 1:08:23doing the KYC it's very, very easy.
- 1:08:25So you just just top up your balance using something like, I
- 1:08:32don't know what you call them wire transfer I guess in the US
- 1:08:36or the places to something like wire transfer or something like
- 1:08:42an online shopping payment gateway just top up your account
- 1:08:46and after that you could use, you could just buy Bitcoin, I
- 1:08:50don't know or anything and people do do that all the time.
- 1:08:57So it's very easy. It's very, very easy to buy it,
- 1:09:01but there's being there's a lot of KYC stuff and surveillance
- 1:09:07stuff happening which are not alarming for now, but I guess
- 1:09:13they will be alarming in the future.
- 1:09:15So we could just expect that these KYC data won't be.
- 1:09:22So we have a lot of actual KYC data leaks in here happening all
- 1:09:27the time due to this low security standards with digital
- 1:09:33with the digital realm actually so just banks and everywhere.
- 1:09:38So if this things if what happens in your own this this
- 1:09:42data leaks happens what happens in your own happens in the US
- 1:09:46there would be like tons of what it comes to court complaints and
- 1:09:53all that happening all the time in the US so this is happening
- 1:09:57all the time. So that's they may not be a wise
- 1:10:00move to give you give out your KYC data with regard to your
- 1:10:04Bitcoin, Bitcoin stack and all of that.
- 1:10:06So, yeah, absolutely, absolutely.
- 1:10:10All right, Opti. Well, love to hear.
- 1:10:12It before we move on, Nika, I know we got to get to the memes,
- 1:10:14but ze I'd love to hear it. It's it's always awesome to get
- 1:10:17people on the ground on the boots talking about Bitcoin from
- 1:10:21everywhere around the world and everyone in the chats just like
- 1:10:24reminded that Bitcoin is a global phenomenon and this is a
- 1:10:28situation for everyone around the world.
- 1:10:30This is not just a first world problem, this is literally an
- 1:10:33everyone problem in every corner of the world right now.
- 1:10:37Anyways, Nikki, let's get to the memes.
- 1:10:38Let's hit the. Let's do this.
- 1:10:40Here we go. Meme review.
- 1:10:46The Daily Meme Review. All right, guys, you already
- 1:10:53know the deal. This is the oh.
- 1:10:55My this is the meme. Review where you tag us and
- 1:10:58memes on Twitter at simply Bitcoin TV or my personal
- 1:11:01account at Optimist Fields or or.
- 1:11:04Or you don't. Ever.
- 1:11:06Let me get to it or drop them in our telegram group T dot me
- 1:11:10slash Simply Bitcoin TV. We have a lively telegram group.
- 1:11:14Shouts out to the Darth Mod, Darth Coin.
- 1:11:17Hanging out in there and everyone else.
- 1:11:18So the regulars and stuff. Really, really an awesome,
- 1:11:21awesome community we've created on Telegram and drop them in
- 1:11:25there. Guys I check out every morning,
- 1:11:26but you guys are just dropping the memes and not the tweets.
- 1:11:29I need to give you guys credit anyways.
- 1:11:31You guys already know the deal. Tweets of the bullets, Memes of
- 1:11:34the artillery. We are in an information
- 1:11:36warrant, as you can tell from today's guests.
- 1:11:39The world still doesn't know. And even the news story the
- 1:11:41world still doesn't know that Bitcoin is the solution.
- 1:11:43An inflation problem. The Fiat problem is everyone's
- 1:11:47problem. Protect yourself and your loved
- 1:11:49ones today by saving in Bitcoin anyways.
- 1:11:53Make sure you get the memes out there, ridicule the corporate
- 1:11:55press, get the calls of action so the normies and the newbies
- 1:11:58understand why we do what we do. And then of course, make some
- 1:12:02funny so your friends and family's head stay in the game
- 1:12:06anyways. We told you guys yesterday, or
- 1:12:09actually not yesterday Friday, that I had a dream about Chrissy
- 1:12:13Lagarde being a praying mantis and Claude Schwab being a locust
- 1:12:16and to send us some Chrissy Lagarde praying mantis memes.
- 1:12:19Well, I got a few here. First one is by at the Gray
- 1:12:23Cross and he goes, I got you guys Bitcoin Twitter.
- 1:12:26I present to you praying Mantis Lagarde and we got these AI
- 1:12:30generations of Christine Lagarde as a praying mantis.
- 1:12:33Actually a whole bunch of them. Some of these probably not PG13,
- 1:12:36but hey. Thank you bro.
- 1:12:38Appreciate it. Next one we got another one.
- 1:12:41This is by Blockchain minimalist aka at I under score D under
- 1:12:45score W under score and we got Christy Lagarde as a praying
- 1:12:49mantis battling. I don't even know what that is
- 1:12:53that. This, yeah, I am.
- 1:12:56I don't what is this an Ant? Locus thing.
- 1:12:59I don't even know. Anyways, Anyways, all right,
- 1:13:01there's next one. I'm pretty sure this is PG13
- 1:13:04ish. I was trying tagged by World of
- 1:13:07Rusty Shouts out to. I guess it's Bitcoin baddie, but
- 1:13:10this was posted by BTC Tams and we got a pretty blonde lady here
- 1:13:14with a low bust and it goes. Me and my Bitcoin.
- 1:13:17And it's got everyone around, Just scammers and hackers and
- 1:13:20whales and governments. They all watch your Bitcoin
- 1:13:23guys. Protect yourself.
- 1:13:25I don't know that one that should be actually.
- 1:13:27These are maybe all off the spectrum here.
- 1:13:30We got Mitchell hot and it goes October off to a good start.
- 1:13:34We got a Pepe the Frog. Here with a green candle.
- 1:13:37October guys, we are in October and then on that note we got
- 1:13:41other Berry aka at other Berry BTC and he goes, Bitcoin is
- 1:13:45pumping and it got plus 3%. We got an Ant here and it goes
- 1:13:49nice. What is this pump, a pump for
- 1:13:51ants. What is going on here now it
- 1:13:53feels good guys. I don't even know where the
- 1:13:54price is right now. I think we're still.
- 1:13:55Above 28 K anyways, the next one is the Bitcoin therapist shuts
- 1:14:00out. To the therapist, he goes, This
- 1:14:01is how we win hashtag BTC. And actually, this one's pretty
- 1:14:05fitting, considering what our guest was talking about in the
- 1:14:07culture and what we've been talking about in the news and
- 1:14:10the numbers shifting the Overton window, etc, etc.
- 1:14:13This is how we win. First, there is governmental
- 1:14:16overreach. Second, you question the money.
- 1:14:18Third, you start to study Bitcoin, 4th you adopt the
- 1:14:21superior money, which is Bitcoin.
- 1:14:23And then fifth, you continue to educate others and this just
- 1:14:26repeats. The cycle will just continuously
- 1:14:29repeat. Until we get.
- 1:14:31All of the 8 billion people on planet Earth to hold some
- 1:14:35Bitcoin. And this last one is by McShane,
- 1:14:37and I'm not going to go through this whole chart, but McShane
- 1:14:41writes codes, the Bitcoin history of supply, Shocktober
- 1:14:44and we have Bitcoin BTC historical monthly returns.
- 1:14:48And since we are all going to meme October, you know, right
- 1:14:52here at the very bottom we got October mean returns, mean
- 1:14:57ratios 22.99%. Periods, 8 out of 10 periods, I
- 1:15:03think that's what it's saying. And then the percentage of plus
- 1:15:06periods is 80%. October.
- 1:15:09Let's go October. Commences, as my boy Nick can't
- 1:15:12mind. Just said every day of October
- 1:15:15has been green, October's commencing.
- 1:15:17Very strong. Let's just hope we don't see
- 1:15:22another dip. Or maybe you want another dip.
- 1:15:24Maybe you haven't got to your stacking goals yet.
- 1:15:27But anyway, drop your meme review score on the other side
- 1:15:29of Nico over there and we will cover them live.
- 1:15:31My meme review score for today is some Balloon Bubble wrap,
- 1:15:36Bubble wrap bubble. Wrap bubble.
- 1:15:42Wrap from my new microphone coming in here All right.
- 1:15:45Anyways, Nico, what is your meme review score for today?
- 1:15:49A Leveler. A leveler leveler It has and it
- 1:15:53has all these different. Can't even get a level.
- 1:15:55That look at you. All right, Zia.
- 1:16:01Meme review score for today. Good Sir.
- 1:16:06What? Sorry you got.
- 1:16:10A what? Wait.
- 1:16:11Hold on. Do I have a what in here?
- 1:16:12Oh no, I don't have a yellow what?
- 1:16:14A meme review score. What, what?
- 1:16:16What do you think about the memes?
- 1:16:18Oh, yeah. So I don't know, I, I, I don't
- 1:16:21follow a lot of memes, but I I I like the the the Lagarde one.
- 1:16:28Yeah. All right, so.
- 1:16:30It's a great score, all right. Yeah, solid one.
- 1:16:34Definitely solid. One All right, everybody.
- 1:16:39Before we get to the meme scores, guys, check out our
- 1:16:41Simply Bitcoin Merch. Support the show, Support us.
- 1:16:44Help us stay on the air. Fire, merch or wine will.
- 1:16:48We'll get. You the hat soon.
- 1:16:49We will get you women sizes soon.
- 1:16:52Where? Yeah, no, we're.
- 1:16:53We're coming out with actual, simply Bitcoin Sophie taking
- 1:16:56care of it. Simply Bitcoin Women merch,
- 1:16:59right? So it's gonna be awesome.
- 1:17:00But yeah, please support the show.
- 1:17:02Get yourself some simply Bitcoin merch.
- 1:17:04And you could scan the QR code, or you could check in the video
- 1:17:06description and you could find it there.
- 1:17:08All right, Opti, is it time for the music?
- 1:17:13It is. Time for the music, Bitcoin for.
- 1:17:22Canadians, I give the memes warm weather and a a cold Canadian
- 1:17:26beer. Mclovin.
- 1:17:31This is my last meme score until I reach my shortterm goal in
- 1:17:34Bitcoin, Opti says. When you're looking at those
- 1:17:39pics of praying mantis Lagarde and your wife, who is giving you
- 1:17:43that jealous look, Igor, I give the.
- 1:17:47Memes A Slade fake hero Phil Phillip.
- 1:17:53Russo what? What?
- 1:17:55What Next? One by Anton.
- 1:17:59Loss score seed signer plus steel plate for backup.
- 1:18:03Get through the game. This one seems PG.
- 1:18:05Nico I don't know Phillip Russo. Meme opti eating the bugs La
- 1:18:10God. Phil, Phil.
- 1:18:14See, I give the memes, she mates and then she yeah.
- 1:18:19X. X1 Elon as an alien clone?
- 1:18:33That means we're out of time. Guys.
- 1:18:35Thank you so much for tuning in to Simply Bitcoin Live.
- 1:18:36We appreciate you guys tuning in.
- 1:18:39This week's gonna be a little bit hectic just because Opti and
- 1:18:42I are traveling to California for Pacific Bitcoin this week.
- 1:18:46So we will try to make all of the shows, but we might miss one
- 1:18:51here and there just because of the setting up and.
- 1:18:54Setting up backstage and all the equipment and all that stuff.
- 1:18:56Tomorrow's I'm 99.99% sure I'll be back tomorrow with Mike
- 1:19:01Hobart or Rustin. So we should be able to do a
- 1:19:04show and then on Wednesday, if everything works out, we should
- 1:19:07be able to do a show. And then Thursday, Friday we
- 1:19:09should be able to do a show from the floor of Pacific Bitcoin.
- 1:19:13Stay tuned also. Spaces will probably be off all
- 1:19:16week until like the the festival, I think we're
- 1:19:19streaming, yeah, yeah. Yeah.
- 1:19:22Well, we. Got some surprises in stock for
- 1:19:24spaces as well, so stay tuned for for Monday.
- 1:19:27We're going to change some things around.
- 1:19:29This should be a lot of fun. But anyways, I want to thank our
- 1:19:31very special guest Zia. Thank you so much for tuning in.
- 1:19:35I appreciate it. Bitcoin is a worldwide
- 1:19:39phenomenon. And thank you so much for
- 1:19:42sharing your insights into the Bitcoin movement in Iran.
- 1:19:46Thanks for having me. Appreciate it man.
- 1:19:50Thank you. So much for joining us.
- 1:19:51All right, guys. If you enjoy the show, you know
- 1:19:52what to do. Smash that like button.
- 1:19:53Consider subscribing if you feel like we provided you value.
- 1:19:56But the number one thing you could do to push the peaceful
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- 1:20:14of Simply Bitcoin Live. Peace out.