Latest / Simply Bitcoin / Is Apple & Tim Cook Secretly Buying Bitcoin? | EP 712
Transcript
- 0:12Yeah, welcome to another episode of Simply Bitcoin live or number
- 0:15one source for the peaceful Bitcoin Revolution record,
- 0:17breaking news culture, matter of warfare, we will be your guide
- 0:19through the separation of money and state interesting news.
- 0:24Apparently, every single Mac computer sends, 2018 has had a
- 0:30copy of the Bitcoin white paper. What the hell is going on there?
- 0:36I don't know, and also something very interesting as well, right?
- 0:39We had the original, Who founded the company with with Steve
- 0:45Jobs, may he rest in peace? Steve Wozniak is a huge fan of
- 0:50Bitcoin but I think the signal really is Tim Cook.
- 0:55Tim Cook recently, I think he had a interview, I forget who it
- 0:59was with, it was one of the large Publications and they
- 1:03asked him. Hey, do you have and we have the
- 1:05clip for you guys. Of course, do you have do you
- 1:08own any Bitcoin? He says?
- 1:09Yeah, of course, I think Bitcoin.
- 1:12Is really good to have in any portfolio.
- 1:15So you have the CEO of Apple basically saying yes, I own
- 1:19Bitcoin. And then you have apple like I
- 1:22don't know what they're doing. Apple basically has the white
- 1:26paper and every single computer, that's millions of millions of
- 1:30millions and millions of computers worldwide that all
- 1:36have a copy of the Bitcoin white paper, that is absolutely
- 1:40incredible. Pretty sure csw is crying right
- 1:44now. Anyways, everybody before we
- 1:45start the show in a bring up my legendary co-host.
- 1:47Always optimistic today. He he sent me a picture.
- 1:50He's soon as he woke up Nico, I just woke up and it was just him
- 1:53smiling. And I said, dude don't do that
- 1:55anymore. I get your optimistic.
- 1:58It's okay brother, I get it, I get it anyways.
- 2:00How you doing Opti? I'm doing good, bro.
- 2:04You crack me up. I would never, I would never,
- 2:07you know, push you to that much torture that early in the
- 2:10morning. So, I won't do it again but
- 2:14yeah, man shot, you know today as a bit Corner.
- 2:17Well, I guess it was yesterday. I know, I know we get a lot of
- 2:21flak in the Bitcoin Community for being Apple computer users,
- 2:25but I think I think it feels good today to be using a Mac
- 2:30laptop. I was able to verify this for
- 2:32myself and it was pretty cool last night.
- 2:34Seeing everyone lose their minds around it, but yeah, man, how
- 2:38many millions of users? Have the Bitcoin white paper now
- 2:42on their computer unbeknownst to them.
- 2:44It's almost like the signals getting out there.
- 2:46But anyways, today in the culture we got Justin from
- 2:49Satoshi action fund. So we're going to be talking
- 2:51about what slate Nico. What do we say?
- 2:53We're going to talk about what's going on in the Imperial City,
- 2:57like that mean and some other topics.
- 2:59But let's bring in our guests, an Imperial City, by the way for
- 3:02anyone doesn't know is Washington d.c.
- 3:04Anyways let's bring up our guest.
- 3:05Justin. How you doing buddy?
- 3:08Hey guys, thanks for having me. Happy, Andre happy to have you
- 3:12join us, man. It's going to be a great show
- 3:13before. Guys, we start the show as
- 3:16everything that simply Bitcoin does is completely free.
- 3:20You could find it. But if you do want to support
- 3:23the show, if you want to help us stay on the air, go to Simply
- 3:25Bitcoin dot news. You could subscribe to our sub
- 3:28stack, but like I said, everything that we do is free.
- 3:31Anyways, everybody no more delay.
- 3:33Let's start the show, let's do this.
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- 4:04I want to tell you about the biggest Bitcoin.
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- 4:22And of course, we have a promo code for you guys.
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- 4:26discount. Let's go through some of the
- 4:28speaker list. We have, Michael Lewis, Arthur
- 4:30Hays. Michael Sailor, Jack mahler's,
- 4:32Casey creator of ordinals Alex gladstein, Preston pish, Stacy
- 4:36Herbert Greg. Voss Odell in Alden Peter,
- 4:38McCormack Opti and I are also on there as well.
- 4:42We're going to be on the analyst desk.
- 4:44I hope to see a lot of you guys in person.
- 4:47Have a couple beers with you guys and yeah, it's going to be
- 4:49awesome. Definitely do want to miss
- 4:50Bitcoin 20, 23 promo code simply at the time of recording.
- 4:54The Bitcoin. Price is 28,000 135 SATs per
- 4:58dollar 3554, block height 780. 4229 reachable Bitcoin node
- 5:0517,000 Ninety six blocks to having 50 5771.
- 5:11Having estimate April 20 at 20 24, total, lightning network
- 5:15capacity, 5405 Bitcoin capacity value 152 million.
- 5:21U.s. dollars realized monetary inflation 1.76 percent and the
- 5:27market capitalization of Bitcoin 544 billion dollars today on the
- 5:33number segment. I want to cover Crazy, crazy
- 5:38stuff. Packs, full paxville a lot,
- 5:40mate. Perhaps, you guys haven't heard
- 5:42of paxville, specifically, if you're living in, you know, if
- 5:46you're living in the u.s., we have very rare privilege to have
- 5:50very well-developed Financial rails here.
- 5:53But if, you know, you're living in, especially in the global
- 5:57South packs, full was one of those exchanges that you could
- 6:01have been using to acquire Bitcoin, the CEO shortly after
- 6:05he said that he was going to drop.
- 6:06Drop etherium basically shut down the exchange, he blames
- 6:12staff departures but most importantly, the regulatory got
- 6:16challenges and this is something that we've been covering for
- 6:20quite a while. You know, this is part of
- 6:21operation choke point to 2.0. This is the hostility from what
- 6:26some people called, The Deep State, I would call it the
- 6:28administrative State, the hostility towards the industry,
- 6:32trying to isolate the industry from you know the Global
- 6:35Financial sorry the The US Financial system in the hopes of
- 6:39slowing down or stopping Bitcoin adoption.
- 6:42I have a clip for you guys from, you know, of course, one of
- 6:45Odell's very famous show. So shout out to Adele, let's
- 6:49take a look at this clip. It's the CEO of packs full and
- 6:52he's talking about what was mentioned in this article.
- 6:54Let's check it out. Out of 400 people we have we had
- 6:59over 90 people that were doing compliance.
- 7:02Wow. So we were backwards to please.
- 7:05These Regulators because you guys can see, there's really
- 7:07nothing you can do. That will appease these people.
- 7:10They are not about inclusivity. In fact, American replies is
- 7:14utterly racist, they want to know what's up with these gift
- 7:17cards. What are these Nigerians doing?
- 7:19And it's not wasn't just, they weren't just viewing things with
- 7:22a bit of Suspicion which is understandable.
- 7:24They were view with me. As the actual disdained and
- 7:27apathy and it you know it's kind of like the Matrix, right?
- 7:31You know, you talk to these people, you say, yeah, turna
- 7:35help people and help Humanity. Get ahead and you see below it's
- 7:40like some kind of alien took them over and they become agent
- 7:43Smith, right? And they are completely against
- 7:46him like where the hell did that come?
- 7:49He hurt himself and that's something deserves.
- 7:51Those are words that we have used and simply Bitcoin and
- 7:54we're going to keep doubling down on those words, right?
- 7:57Bitcoin is the most inclusive money, the world has ever seen.
- 8:01It doesn't care where you're from, what your skin color is,
- 8:05what religion you are and what place you happen to be born in.
- 8:08I don't know about you guys, but I want to live in a world where
- 8:12money doesn't judge, or doesn't, doesn't care where you're from,
- 8:16anyone has access to money. Therefore, if They have access
- 8:20to money specifically Bitcoin, they have access to the global
- 8:23economy and they want to live in a world where they want to pick
- 8:26and choose who's entitled to use money and who's not entitled to
- 8:30use money. So all the BS and all the
- 8:33narratives that we're going to hear over the next.
- 8:35I would say the next 5-10 years were things are really going to
- 8:38get tumultuous in the separation of money and state bunk Double
- 8:43Down. Why are we being forced to use
- 8:45money that steals from us and double down on the fact that
- 8:48Bitcoin? And is the equal money Bitcoin
- 8:51is the Equitable money. Bitcoin is the inclusive money.
- 8:55Don't buy into their narratives and Spins and Miss
- 8:59representations, because it's BS on its face.
- 9:02Anyways, bunker down, take Bitcoin into self custody, this
- 9:06is going to be a hell of a fight.
- 9:07But anyways Opti. What are your thoughts on all
- 9:10this brother? Well first, you know,
- 9:13condolences to paxville, it's an end of an era and really a
- 9:17bummer. Considering how pivotal packed
- 9:18full Was to the adoption of Bitcoin in Nigeria.
- 9:22I mean I think Ray said it best himself, but on another note I
- 9:26know I'm like the paranoid bit coiner of the show.
- 9:28So there's my context to what I'm going to say next, but I
- 9:33think this is kind of further proof to the idea that it's not
- 9:37about coexisting with in the traditional Financial system.
- 9:40It's about recreating it from the ground up, and building a
- 9:42better and more inclusive Financial system, which we
- 9:46obviously continuously cover on this show.
- 9:49The traditional Financial system is not set up for for the
- 9:53inclusivity of every person. On planet Earth it's definitely
- 9:57design, you know, from the top down and to ensure the cabal of
- 10:01those in power. And I think it's kind of a
- 10:05Bitcoin point of just how bad of an idea is to appease The
- 10:10Regulators. And in my opinion it's not the
- 10:12winning strategy. It's really about what we always
- 10:15cover here. The the famous Hyatt quote of
- 10:17building a Sly roundabout ways. That they cannot stop what
- 10:21Bitcoin really is. Is an inclusive decentralized
- 10:24system that no one controls, and no one can stop.
- 10:26And that's the beauty of Bitcoin.
- 10:28So it really is a bummer to see packs will go down like this,
- 10:32but again, you know, Bitcoin, the network will route around
- 10:35this and other entrepreneurs in different jurisdictions, will
- 10:39build the products and the services that we need.
- 10:41So shout out to all the Bitcoin Builders out there and I think
- 10:45this is just more signal to the idea of building the tools.
- 10:49Is that route around all the crazy traditional Financial
- 10:53regulations that hamper Innovation.
- 10:56So I mean, Bitcoin fixes this but hey you can't stop Bitcoin.
- 11:01What do I always say? Can't ban Bitcoin, you can only
- 11:04ban yourself from Bitcoin. And so we're just seeing further
- 11:06proof of this happen in real time.
- 11:08So again, you know, rip to paxville but shouts out to the
- 11:12next innovators and entrepreneurs that will build
- 11:15the businesses that cannot be stopped.
- 11:18So, hey, It's a double-edged sword.
- 11:20It's a double-edged sword. Member Bitcoin is the sly
- 11:23roundabout way make no mistake. Anyways Justin, what are your
- 11:29thoughts on this brother? Yeah, you know, relate all
- 11:34righty, packed full and hopefully like I said I'll be
- 11:37some some entrepreneurs fill the void and take care of the global
- 11:40South in particular. But you know, I think another
- 11:44angle is the regulations, those numbers that he mentioned like
- 11:48what a quarter of his staff dedicated to compliance.
- 11:52And this just this isn't just a crypto Bitcoin company thing.
- 11:57Like this is what the Banks have to do also in this is what
- 12:00electric utilities have to do. We just have these massive
- 12:03compliance departments that are just maybe just push around
- 12:06papers at the end of the day like look at all the Regulatory
- 12:10Compliance and what we end up with you know, Silicon Valley
- 12:12Bank, you know, signature, I mean what are we doing with
- 12:15right now? All the the compliance was good
- 12:18enough to bury the insolvency in the footnote, right?
- 12:23So that's what we get for this compliance and Regulatory regime
- 12:26that is just suffocating Basically it probably every
- 12:29industry not just not just the Innovative ones, all of them.
- 12:32So it's it's just a little insight into what, you know, you
- 12:36know, Bitcoin, hopefully fixes this and we can start to shed
- 12:39that skin and move on. Because well, why are they like?
- 12:43Why is it for our safety? Is this all for our safety?
- 12:45Thank you. Okay, I'll be all right, without
- 12:48it. Yeah, 100%.
- 12:50And like, in, you know, you said something really interesting
- 12:52which is is the clock. Is the compliance really about
- 12:56compliance? Or is the compliance really
- 12:58about control is? It's really about that.
- 13:00Moat right? You know, there's, there's only
- 13:02the, it's only, the, really, the big banks that could afford
- 13:05these giant monstrosity, compliance departments, which
- 13:09are really, you know, arms of the state really right.
- 13:13You know, those those and it's all behind the scenes, you know?
- 13:16Like if you have a wire and you're trying to find out about,
- 13:19About that wire, where it's going.
- 13:21And it's like, look, I can't tell you, that's what that's
- 13:23what compliance, right? And you're like, okay and you're
- 13:25not allowed to speak with the compliance department.
- 13:28So I think, you know, as Bitcoin continues to reveal and expose
- 13:32incentives, I think it's really going to expose the fact that,
- 13:36you know, I think that these compliance departments right or
- 13:40you know, governments in general, are they really for the
- 13:43people are? They really for the best
- 13:45interest of the people or are they really for the best
- 13:48interest of themselves? And I think the last five years
- 13:51have shown that, and I think the next five years is going to
- 13:54continue to show that pattern. Anyways, everybody, let's get to
- 13:58the news. We have a lot to talk about.
- 13:59Let's check it out. The Daily News, The Daily News
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- 14:42Alright everybody, so I think the big news yesterday was so
- 14:48absolutely Bonkers, right? Apparently every Mac sense, the
- 14:53version Mac OS Mojave and the current version Ventura has had
- 14:59a copy of Bitcoin white paper. If you have a Mac, just open up
- 15:03terminal and just copy paste. This and it will pull it up.
- 15:09It's absolutely crazy. Here's a screenshot of it, you
- 15:13know, it's virtual scanner, just pops up this thing and it has
- 15:17all the nine pages of the Bitcoin white paper.
- 15:22So, move it on here is a, here's a tab called the Bitcoin reserve
- 15:27and it says this is a list of famous people have publicly
- 15:30confirmed Ownership of Bitcoin as well as politicians who
- 15:34openly support it. Please note that there are many
- 15:36famous people who do in fact, own Bitcoin, but have not
- 15:40publicly announced. And I think that as time
- 15:42progresses, you know, more and more people will go and say that
- 15:47they own it, right? So let's take a look at some of
- 15:50these at the top of the list you have the CEO of Apple, right.
- 15:54And apple is we're like we just told you guys if you have a Mac
- 15:57Book you do have a copy of the Bitcoin white paper.
- 16:00On that Macbook without having connection to the Internet.
- 16:03So it's on your, it's on your Mac, which I thought is crazy.
- 16:07And at the top of this list you have the CEO of Apple and he has
- 16:11publicly said that he owns Bitcoin.
- 16:14Here's a video of that interview.
- 16:16Let's check it out. Do you own crypto and any
- 16:19Bitcoin or aetherium would you play around with us?
- 16:22I do. Yeah I think it's reasonable to
- 16:24own it as a part of a diversified portfolio and I'm
- 16:27not giving anybody an investment advice by the way.
- 16:32When did you get interested in it?
- 16:34I've been interested in it for a while and I've, you know, been
- 16:39researching it and and so forth. And so I think it's interesting.
- 16:50Holy cow, holy cow, right? So convinced, you know, he owns
- 16:54it and didn't didn't specify, of course, he's not going to be
- 16:57able to specify. He is, you know, the CEO of a
- 17:00public company, right? He has to, you know, be
- 17:03responsible and be very very careful of what he has to say.
- 17:07But this is something I think this is the more interesting
- 17:09part. Like, you could say, everything
- 17:11else was basically noise, you know, it's like okay fine, my
- 17:14Mac has a Bitcoin white paper, Tim pool, owns Bitcoin, he
- 17:18specifically said also in that interview You that that's his
- 17:21personal Holdings that has nothing.
- 17:23It doesn't reflect with what Apple Computers is doing, but
- 17:27here's the part where I find extremely interesting and this
- 17:30is an article from investors.com and this is something that
- 17:34bitcoiners have been saying for quite a long time now.
- 17:38Right? Not bitcoiners specifically,
- 17:41it's really Michael sailor, right?
- 17:43And Michael sailor basically was making the argument that if I'm
- 17:45holding. A lot of cash on my treasury
- 17:50that cash is constantly losing value.
- 17:53And that's not a like yeah, I would say it is a problem, but
- 17:56let's say you're holding a hundred dollars, right?
- 17:58And that hundred dollars, you know, you have 6% inflation the
- 18:03next year, it's 94 dollar purchasing power.
- 18:08But Apple has holding a lot of cash, a lot, a lot of cash.
- 18:12So that inflation is like it's a lot of money that they're losing
- 18:18every single year. So let me read some of this
- 18:22article. It says, mounting piles of Cash
- 18:25Company. Stockpiling cash with was fine
- 18:28with investors during the uncertainty of the pandemic.
- 18:30But now cries for higher dividends and stock BuyBacks are
- 18:33getting louder excluding Financial financials SP
- 18:37companies cash. Cash Investments is up up this
- 18:40year to more than two point seven trillion of that two point
- 18:44seven trillion. Could you imagine what six
- 18:46percent of two point six two point seven trillion dollars is
- 18:50holy cow that is a lot of money that is literally just basically
- 18:56being set on fire because of inflation, right?
- 19:01So to do the math real quick that is 162 billion dollars.
- 19:09If your money is in cash anyways it goes on to say apples cash.
- 19:12Piles love is impressive but it's a costly luxury, it ended
- 19:16in it ended the March quarter with thirty eight point five
- 19:20billion dollars in cash. That's enough to give all 328
- 19:26million men and women and children in the u.s. six hundred
- 19:29six hundred and twenty three dollars apiece and that's the
- 19:32criticism cash and treasuries are a bad place to be the yield
- 19:36on the 10-year Treasury Treasury is just one point, six percent,
- 19:40that's half of what it was in 2018, apples, cash and
- 19:44Investments. First top 200 billion in the
- 19:46fiscal year ended in September 2015.
- 19:50Since it has aggressively tried to dispense, it Apple announced
- 19:53plant this week for billions and capital expenditures.
- 19:56It's also raising its stocks buyback program by 90 billion
- 20:00dollars. So let's kind of run the So it's
- 20:04talking about the treasury specifically, but Do the math on
- 20:08that real quick, right? So has 200 billion dollars in
- 20:13cash. So let's run the math of what
- 20:15inflation is costing that and keep in mind that that 1.6 2% in
- 20:21treasury bills. Doesn't even cover the cost of
- 20:24inflate the the you know, the recent inflation reports, just
- 20:29six percent, right? So if you put 200 billion and
- 20:33you multiply it by six percent, that's costing Apple.
- 20:37All 12 billion dollars a year in purchasing power.
- 20:41Now, the reason that Apple doesn't really, you know, I
- 20:44wouldn't say they don't care, but it's because apples and
- 20:47extremely profitable company. So, you know, they're just, they
- 20:50just keep flooding, you know, they keep make their racking
- 20:53more in than this is costing them.
- 20:56There is no good, alternative for Apple, but to keep it in
- 21:00Treasury, and to keep it in in, and in, in cash.
- 21:03But as Michael sailor pointed out, right?
- 21:06What Michael Sailors doing? Is that he's proving right now
- 21:10that holding Bitcoin on his balance sheet on
- 21:13microstrategy's, balancing is a good alternative to holding Fiat
- 21:19money. It's a viable alternative.
- 21:21The thing is that there is no trust in it as as of yet.
- 21:25So I'm going to pull up this website.
- 21:26It's called priced in Bitcoin. It's one of my favorite.
- 21:30And it says, what would happen if you would have held cash
- 21:34compared to holding something like Bitcoin?
- 21:37Yeah, and then it has different time periods for audio
- 21:40listeners. So over a three year time scale.
- 21:43If you were holding Bitcoin, you would be down 76 percent against
- 21:48the US dollar. If you were holding dollars
- 21:51versus Bitcoin over a five-year period, you'd be down 76
- 21:55percent. And this is, those numbers are
- 21:58right now in the depths of, a depths of a bear market, right?
- 22:04So anyways, it goes down and says gold, you know, if you
- 22:07would have Holding gold versus Bitcoin over a five-year.
- 22:10Scale your down 64%. If you were holding it on a
- 22:13three-year scale, your down 68%. I think you guys get the gist of
- 22:18it. This is crazy.
- 22:19Could Appleby the next Domino to fall?
- 22:24I don't know, man. I don't know, totally
- 22:26speculating there but if the CEOs a fan of it, the original
- 22:29founder Steve Wozniak, he has a very famous video.
- 22:33He says that Bitcoin is one of the most famous invented, the
- 22:36one of the best inventions. He's Ever seen could it be?
- 22:40I don't know but you know what every single MacBook does have a
- 22:44copy of the Bitcoin white paper so you could make a pretty good
- 22:48argument that. There is definitely at least
- 22:50some Engineers some people in apple that are big fan of
- 22:55satoshi's movement. So anyways, this is crazy, this
- 22:59is nuts. I think the next five years, you
- 23:02guys are going to see things that you would have never have
- 23:05thought imaginable. And the reason for that is
- 23:07Things specifically. So thing number one is Michael
- 23:12sailor proving that Bitcoin is a viable alternative to holding
- 23:16Fiat on a treasury. And then nine bouquet Leon the
- 23:20nation-state front proving that you can hold dollars in in.
- 23:27You can hold dollars in, you can hold dollars as and on the on
- 23:33the country's treasury as an alternative to Dollars.
- 23:36And on top of that because It's a nation-state.
- 23:38You could also make dolls you can also make Bitcoin legal
- 23:41tender and look at all the Wonders that that has done to El
- 23:44Salvador. So very interesting times and
- 23:48you know, you guys know how we know we're over the target, the
- 23:52Fiat times or, you know, if you know if you're normally and you
- 23:55call it the financial times they came out with an article which
- 23:58were going to cover tomorrow. And in that article, it says,
- 24:04quote else Avid, this is the headline, El Salvador hasn't
- 24:07Vaulted. Don't think Bitcoin.
- 24:10This tells me that we are over the target, the charges against
- 24:16Mike, the try exactly hashtag. Cope.
- 24:19The charges against Michael sailor is basically saying that
- 24:22he didn't pay the charges of Michael sailor.
- 24:26Coming from a district attorney, in the Imperial City.
- 24:30The the home base of the Federal Reserve, press charges against
- 24:34not only Michael staler, but microstrategy.
- 24:37That tells me that the Fiat establishment, the people that
- 24:41pray to the high Church of Fiat are scared right now, but I
- 24:45think as Bitcoin and a number go up technology does continues to
- 24:49do its thing. It's going to be absolutely
- 24:52undeniable in five years. That not only nine bouquet, they
- 24:55made a great decision but also Michael sailor proving to other
- 25:00public companies that Bitcoin is better to hold than Fiat.
- 25:04Anyways Opti, what are your thoughts brother?
- 25:07Well, Staff on the Mac or the white paper on all Mac OS.
- 25:12Again, you guys know, I've taken tomatoes for this.
- 25:15I am a Mac User. I am I like Apple products.
- 25:18So you know, I like it easy. Sorry, guys.
- 25:21Anyways, I didn't trust on this. I verified.
- 25:24I ran the code on my own computer, pulled up the white
- 25:26paper, it was pretty, I don't know, I guess maybe surreal and
- 25:30also hilarious. The fact that the Bitcoin white
- 25:32paper is just been on. Everyone's MacBook for the
- 25:35glass. What?
- 25:36Four years, maybe close to five. Now, just one of those like
- 25:40Easter eggs that you find on the Mac Book, which I thought is
- 25:42actually super hilarious, but, you know, shouts out to the dev
- 25:46that that probably just embedded that in there and just like
- 25:51didn't really tell anyone. I think I did see someone kind
- 25:54of bring it up in 2020 as well. So I think it's been known for a
- 25:57little bit but it's making its rounds.
- 25:59Now but also to that that Tim Cook video, you know he said
- 26:04kind of The Tell-Tale Bitcoin takes for a while like he's
- 26:07Interested in it for a while. He's done a little bit of
- 26:10research and he thinks it's interesting and, you know, if
- 26:15he's done any rudimentary research, then I am pretty sure
- 26:19he is a Bitcoin Maxi. I can only guess someone that,
- 26:23you know, has that much money under his control actually
- 26:26understand how money works and doesn't fall for the shit coin
- 26:29scams. And to that point of you doing
- 26:32the basic Mass, you know, personally mass is hard, but I
- 26:35think if you Have that much money under your control
- 26:40inflation really does take you know like a lot more precedent
- 26:44to everything you're doing and Bitcoin does fix this.
- 26:47I can remember and I'm blanking on which one of our guest was
- 26:50saying this. So don't quote me guys but after
- 26:52one of our shows he was basically running down the same
- 26:55idea that people with Millions multi-millions you know tens
- 26:59hundreds of million didn't like Tim Cook trillions of dollars
- 27:02under their control. They feel the pain of inflation
- 27:07and for You know what? Like we hold a hundred dollars.
- 27:10Yeah, we lose four dollars like whatever, you know.
- 27:12So whatever it's a coffee. But if you're holding hundreds
- 27:15of millions of dollars and you lose 4 million 6 million
- 27:19overnight, you know, plus the cost of the real inflation that
- 27:22people are feeling you're going to look for an alternative.
- 27:25And I know I hear a lot of bitcoiners on Twitter always
- 27:28saying like oh, you know, bitcoin price is pumping, who's
- 27:31to say that people are actually jumping into Bitcoin for the
- 27:34inflation. Hey hedge and the safety of sets
- 27:38Well, I think it's just a slow process because as Bitcoin as we
- 27:41all understand that, first they go into the dollar and then
- 27:44they'll probably look for gold. And then soon enough, they'll be
- 27:47open and understand that. Wait, everything isn't as good
- 27:51as Bitcoin and Bitcoin will go up.
- 27:53Bitcoin is the only thing that's going to hold its value and
- 27:55further continued to go up to the right.
- 27:58So I think it's really only a matter of time until people
- 28:01feel, the the inflation, shock, the pain of inflation and look
- 28:05for the alternative. And I think we are seeing this,
- 28:07Happen in real time. I think you know, I hate using
- 28:10the term smart money, but I think the smart money is already
- 28:13either in Bitcoin, allocating the Bitcoin, and it's only a
- 28:16matter of time until they come out publicly in like, oh yeah,
- 28:19my bags are packed, I love Bitcoin and then the price
- 28:24really starts running. We've seen this happen over and
- 28:26over and over again. So I just can't wait to see more
- 28:29people at Bitcoin to their Treasury.
- 28:31And I think this next Bull Run, we will see a lot more dominoes
- 28:35fall a lot quicker than we've seen in the past.
- 28:37Past and hey we're here for this.
- 28:40But to you guys at Apple man, when are you guys going to add
- 28:43Bitcoin core, native to Mac OS? Like that'd be way more lit than
- 28:46just having the white paper. Yeah, right 100% anyways.
- 28:53What do you what are your thoughts on this Justin before
- 28:56we move on? Just well a couple things one,
- 29:00the journalists saying are you into Bitcoin and well he's
- 29:02answering that just owns clear like we're he is you can tell
- 29:05he's talking about Bitcoin the journalist throws out, you know,
- 29:09other shit coins. But you can tell his answer,
- 29:11he's replying specifically to the vehicle.
- 29:13So I think that's important to keep to remind people.
- 29:18But then that list of the Coin holders that you put up there.
- 29:21I just look at that list and see how each one acts I guess right?
- 29:28And yet Tim Cook you got Jack Dorsey on Michael sailor, you
- 29:32got. I can see the one below that,
- 29:35you know, they all they all comport themselves in a certain
- 29:37way. And I think maybe maybe
- 29:39hopefully this white paper on the Mac is, as evidence of that.
- 29:42And then you've got a team on a number two and doing whatever
- 29:47Zealand does, which I think is disappointing.
- 29:49You The opportunity that he has to act like these other leaders.
- 29:54I'd say but he's big, doesn't he?
- 29:57He's acting in ways that I think hopefully easily will be
- 30:01embarrassed about because some point but then yo here here's
- 30:05what I think is really interesting with this apple,
- 30:07right? And like are they burying
- 30:08something in a footnote here because yes there there cash is
- 30:12suffering from the loss of purchasing power.
- 30:14We all of you guys do a great job explaining that but it might
- 30:17go a little deeper than that because this is what Banking
- 30:20crisis is is they have cash equivalents, they buy.
- 30:25It's in the article. I took a screenshot 130 4.5
- 30:28billion in long-term marketable Securities.
- 30:30This is Apple's. This is what Apple has, right?
- 30:33This is a pile of cash. Well, these marketable
- 30:37Securities are investments that can be quickly and easily turned
- 30:39into Cash Cash, equivalents, well of apples, marketable,
- 30:44Securities are held in us. Treasuries.
- 30:46Well, that is what happened with Silicon Valley.
- 30:48Like as far as I understand, Listening to, you know, the
- 30:51experts in the Bitcoin space on what happened with the bank's,
- 30:54really. And why there's all these
- 30:55insolvencies is because they had all this cash, they put it in
- 30:58cash equivalents which is US. Treasuries long-term were at
- 31:03risk for the inflation rate and took a 30 40 percent hit and
- 31:07then people came to get their money back and then they had to
- 31:09sell their us. Treasuries they had lost 40%.
- 31:11Oh so a hundred thirty four point five billion of apples.
- 31:16Cash equivalents may have already taken like way more than
- 31:19just standard inflation. Like, it could have taken the
- 31:2130%, hit that these Banks took on their us.
- 31:25Treasuries, and it's the same thing.
- 31:27That's so, it's a result of the interest rates being increased
- 31:31by the fence anyway. I thought that was, you know, it
- 31:34might, it's a little bit more than the standard Ice Cube
- 31:37melting one, 100%. Also, I have a propaganda piece
- 31:43that I wanted to go with. I wanted to go through.
- 31:46With you guys, here is an article by the guardian and it's
- 31:50really interesting how you know, how far the central bank's go
- 31:55to, basically say that they are not the causes of inflation, we
- 31:59had the meme that was posted by the European Central Bank due to
- 32:04Opti breaking up with Christine Lagarde.
- 32:06Basically saying that inflation is caused by workers asking for
- 32:12more money. Basically it's not caused by.
- 32:15The money Printing and there to really trying to hammer this
- 32:19point in home and it kind of coincides with basically what
- 32:24we've been trying to tell you guys what their weak point is,
- 32:28right? They don't want you to know that
- 32:33the money printing that they're doing is the cause of inflation.
- 32:38They do not want you to know that you can use a money that
- 32:43doesn't steal from you, that doesn't lose and purchasing
- 32:46power over time, the gig is up when that happens, right?
- 32:51The treasury was avoiding it the you know, the White House
- 32:55economic report. They avoid the topic of
- 32:58inflation. All Together.
- 33:01And I suspect it's because it's an indefensible position.
- 33:05If the Common, Man, the everyday, man, wakes up to the
- 33:09fact that that the government is printing money.
- 33:13They have this special privilege of being able to create money
- 33:16for free, that everyone else has to work for.
- 33:19And that you can also use a money that doesn't steal from
- 33:21you. Check out this article by the
- 33:23telegraph it's titled. Our money printing speed.
- 33:26Spree did not cause inflation crisis Bank of of England insist
- 33:31right here is the, you know, the inflation data CPI from the UK,
- 33:39You know, and it goes basically when all the way up to 10% now I
- 33:43don't have the data like the Federal Reserve has where it
- 33:48shows you what the M2 Supply is. And as you can see, look at that
- 33:53around 2020. They basically, it's just
- 33:57literally it's a hockey stick. It's literally a hockey stick
- 34:00up. That makes the to the 2008-2009
- 34:05kid. The beginning of the Q
- 34:06experiment. Literally look like a drop.
- 34:09The bucket. This is exponential growth in
- 34:12the money printing. They cannot stop printing and I
- 34:15have some more data from the fed and take a look at that.
- 34:19Everybody around 2020 is when inflation shot up and I know
- 34:25that all the central banks around the world, did something
- 34:29very similar, they turned on the money printers.
- 34:32But they would like you to know an official picture, look at
- 34:36that and they would like you to know that Silva.
- 34:38Anna, 210 radio defends quantitative easing, and not
- 34:42only that she's offended. She says that our money printing
- 34:46spree did not cause the inflation prices like and this
- 34:49coincides with what the European Central Bank was saying as well.
- 34:53Hey, you know it's because workers are asking for more
- 34:56money. That is the cause of inflation.
- 34:59It's nothing else. This is bullshit like they're
- 35:02lying and spitting in your face, man.
- 35:05This is what it looks like but it's a Point of weakness of
- 35:10which we can exploit by highlighting it with truth.
- 35:13Remember the article by name bouquet Lee, their control is
- 35:17the control on Truth, their control is on the control of the
- 35:23narrative and they're going to print and steel and do
- 35:26everything in their power. In order to maintain that
- 35:31privilege. Anyways, everybody, what are
- 35:35your thoughts on this Opti? Well, I'm going to keep this
- 35:38short and sweet. Simply expanding the money
- 35:41supply, is what causes inflation.
- 35:43It's as easy as that, so they can Gaslight us, however, they
- 35:46want to, it won't change. Basic economics.
- 35:50The more money they print, the more they devalue your money,
- 35:53this is just, this is a lesson as old as time.
- 35:56We've seen this happen over and over and over again and no
- 35:59amount of headlines from what was that the the Fiat timed is
- 36:02going to change basic economic so they can say whatever they
- 36:04want but it's very simple. Well, it's cut and dry.
- 36:07So I'll pass on the Justin. Yeah.
- 36:28Anyways everybody. Let's get to, let's get to,
- 36:32let's get to the culture. We have a lot to talk about.
- 36:34Let's check it out. The daily culture brought to you
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- 37:33Swan. Go to Swan.com Ira for more
- 37:35details. And of course you could always
- 37:37send me a Twitter DM if you have any questions on this
- 37:41whatsoever. Anyways Opti it's all you, let's
- 37:45go. Well I do have some tweets here
- 37:46but I just kind of want have a conversation with Justin here.
- 37:50Your Twitter bio says you are senior advisor at Satoshi action
- 37:54fund. So let's just start there.
- 37:55What is this? A Toshi action fund and what's
- 37:57the goals of Satoshi action fund?
- 38:00Yeah, it's an organization that was co-founded by Dennis Porter
- 38:05and focus on positive Bitcoin. Mining policy in the state, at
- 38:11the state level. And so, that's where he's
- 38:14working with States Satoshi, action fund is working with
- 38:17States. Like Montana, like New
- 38:19Hampshire, Mississippi, when you hear these right to mine bills,
- 38:23that are moving through State legislatures, a lot of that is
- 38:26coming from the efforts of Satoshi action fund at the Just
- 38:30laid aside. Then also just educating
- 38:32policymakers engaging with them and and get on the offense.
- 38:37There's now we're on the defense and Texas and the defense in New
- 38:41York a little bit so that that is part of it as well.
- 38:44Clearly we can talk more about Texas, but but it's really about
- 38:48educating at the state state level and moving through
- 38:53positive legislation. Love it.
- 38:56Love it. Well, we did and have been
- 38:58talking about what happened. In Texas.
- 39:01So what's your thoughts on this anti Bitcoin mining bill in
- 39:04Texas? I forget what the number is,
- 39:05what? It's like 1751.
- 39:07I think. Yeah, that's right.
- 39:11And so maybe just a quick update, you guys did a great job
- 39:14of covering the issue but where it stands right now is that it
- 39:17has passed unanimously through Committee in the state senate.
- 39:24So, it's technically is kind of the first step.
- 39:27There's no other place for a bill to start.
- 39:29It's got its got a Ways to go, but the path is being cleared
- 39:33for it because it was unanimous. Now, it can move much more
- 39:38quickly through the Senate and it's basically like considered
- 39:42uncontested now. And so it doesn't even get a
- 39:45debate or anything on the floor on the senate floor.
- 39:48Again, there's two, there's the house and the Senate at the
- 39:50state level. Also says, it's just happening
- 39:52in the Senate right now. So it looks quite clear that
- 39:55it's going to pass the Senate. It's being Expedited.
- 40:01You can say there's a lot and we're still trying to figure out
- 40:04why, why there's so much priority on this.
- 40:08So stay tuned to that. But the efforts.
- 40:12Now our focus in the house, the state house, we're talking
- 40:16because it will have to move to the Statehouse as well.
- 40:18So we're we're prepping and helping bring you up to speed on
- 40:23the bill on the concerns that the industry has and and
- 40:28hopefully hopefully It kind of dies in the house, is a
- 40:32possibility, if it doesn't, and it moves through, then goes to
- 40:36the governor. So we're still, we're still
- 40:37confident that there is plenty of opportunity for this bill to
- 40:43to not become law, and so it's just not going to happen in the
- 40:47Senate, okay? We're probably going to hear
- 40:49another headline about how it's passed out of the Texas state
- 40:54senate. So just everybody knows there's
- 40:56still going to be some steps to come before.
- 40:58It actually is a lot, but it Very cynical Bill and, you know,
- 41:03Texas probably would have had blackouts.
- 41:05I think it's fair to say Texas almost certainly would have had
- 41:07blackouts just like some other states did over Christmas.
- 41:10Christmas Eve, Christmas Day. If they didn't have 1 Point 5,
- 41:14gigawatts of Bitcoin mining to to shut down, or they just shut
- 41:17down on its own. And so they'll really be if it's
- 41:21one of those things like Bitcoin mining was too, too good to
- 41:25successful at what we can do in terms of Bouncing the grid.
- 41:31And this I think this bill is a little bit of a result of that
- 41:35from from other Market participants that, you know,
- 41:39Bitcoins the coin - drinking their demand response milkshake
- 41:42and they'll like it. So anyway, I love it, I love it.
- 41:49I've been asking this question and actually kind of like going
- 41:52back and forth in my own mind about this, this same idea.
- 41:55And I'm going to kind of angle it in to what we're seeing with
- 41:59the Is Bill about kind of you know, the energy Fudd, a
- 42:02surrounding it. And I know you wanted to touch
- 42:03on like the remark. What do you say that the true
- 42:08meaning of hash rate I think is what you said before we went on
- 42:10live. So I'm going to ask you a
- 42:12question and then you can go on a little rant and do you think
- 42:16that this is an education issue with people in, you know,
- 42:20bureaucratic positioned, or is this just an incentive issue and
- 42:24people are going to basically fight Bitcoin because You know,
- 42:30we always say it Bitcoin eliminates the money printer and
- 42:33they understand whether to see the power comes from.
- 42:37Yeah. Yeah.
- 42:38Definitely. You know, I always like to think
- 42:42that it's a matter of education and to a certain extent, it is
- 42:45that's a lot of what Satoshi action fund does is engage with
- 42:49State lawmakers even Federal lawmakers staff and you know,
- 42:55help them better understand the coin mining and how important it
- 42:58is as a technology is an Just read all the great things that
- 43:00can do. Whether it's Renewables,
- 43:02high-paying jobs balancing, the grid, you know, protecting
- 43:07nuclear incentivizing nuclear like all these things, the
- 43:10Bitcoin mining as an industry and Technology can bring There's
- 43:15people that they get it right? It's, it's like selling candy to
- 43:19a baby. What's for people to have an
- 43:20open mind, and are interested in solving problems.
- 43:23But you are. I mean, it's not hard to see.
- 43:26I don't think this is a matter of Education, like this Texas
- 43:29bill, it is 1751, State, built in Texas and, and it's
- 43:36definitely. I mean, it's obvious, it's
- 43:38obvious that if the then they fight you stage and I think this
- 43:41is a vector, maybe a lot of folks didn't see.
- 43:45Coming in terms of like from from Legacy demand response
- 43:50participants I guess or or other service providers of for the
- 43:57grid. So I mean you maybe we should
- 44:00have seen it coming but it's just it speaks to the power of
- 44:03the coin. Lions is a technology.
- 44:05I think there's how easy it can come in and just take care of
- 44:09things and I've said it to, you know, there's so much.
- 44:13There's so much Brain power right now within grid
- 44:18operations, and Electric utilities like focus on of how
- 44:20we're going to control people's thermostats.
- 44:22How are you the control when they charge their electric
- 44:25vehicles hiring. I control this.
- 44:27How we're going to control that as I think Bitcoin mining is
- 44:30shows up, you're young. You don't need any of that.
- 44:33I'm sorry, you don't need it, you don't need it.
- 44:37You can stop trying to figure it out because it's complicated and
- 44:40it's infringing on people's rights to just live their lives.
- 44:44And wouldn't it be great if we could just get rid of all that
- 44:48and just let their cord mining? Do it?
- 44:50And it will, I think it will. But there's going to be speed
- 44:53bumps along the way. But anyway, I think, you know
- 44:57what, just the last thing you say, you mentioned Hatchery, I
- 45:01like to remind people because hash rate is, I love this whole
- 45:04time high that it's, it's just so much more than that line on
- 45:08the chart, which is exciting enough.
- 45:10But when you, when you understand like the
- 45:12infrastructure that's going out there and that's what And now
- 45:15and working with standard power. It's a structure as a service.
- 45:18So, I mean, any miners out there, they want to plug in 50
- 45:21or 100 megawatts, you know, let me know we're setting up a
- 45:23massive campus and Ohio, right? As with other states.
- 45:25So we can of Texas because Texas hits itself in the face, come to
- 45:30Ohio. And and it's just this massive
- 45:34infrastructure build out. And it's also rural.
- 45:36Revitalization, like it's showing up in places like the
- 45:39Rust Belt, where Industries left and doesn't isn't interested in
- 45:44returning. And So Bitcoin mining, it's just
- 45:46another one of those great things that it can do.
- 45:48It can show up and you can bring back to life these communities
- 45:52that were abandoned five years ago, 20 years ago, it doesn't
- 45:55matter. And so that's what we're doing
- 45:57and the fact that they're sitting there languishing for so
- 46:03long decades is the evidence that you need to know.
- 46:07They're like, there really aren't any other great
- 46:10Solutions. I'd run across the country a lot
- 46:14and you I've always thought like man, something's off the legs.
- 46:16Just our society doesn't scale like it needs to.
- 46:19And here comes a big one, my only solves that problem.
- 46:22And so that's just another aspect of it that I think is so
- 46:27powerful and the states of good are going to benefit
- 46:31tremendously in the states that don't.
- 46:33Well, we're going to sort themselves out to so Couldn't
- 46:37agree. More kidney, green wire.
- 46:39I got one more question, considering that you are at
- 46:42Toshi action fund and your, you know, got your hat in the rink
- 46:45of educating people and for lack of better descriptions on the
- 46:50frontlines of pushing Bitcoin, adoption.
- 46:53I know, we at simply Bitcoin in a lot of bitcoiners in general.
- 46:57Have this like very paranoid, take of like I know, we are in
- 47:00the then they fight you stage, but we are seeing kind of some
- 47:04glimmers. And some hopes of like, not only
- 47:06Has the political tide but the the popular cultural perspective
- 47:10on bitcoin changing. So are you seeing positive stuff
- 47:14on that front? Or do we just have to Bunker
- 47:17down and understand that? Yes, we are in the then they
- 47:20fight you stage and prepare for battle.
- 47:24Both yes. And yes, I think that there are
- 47:28a lot of exciting things happening in the states almost
- 47:32entirely due to the efforts of Satoshi action fun.
- 47:35I'm just a small small part of the dentist is out there with
- 47:39his policy adviser and there are there, it's incredible.
- 47:46I don't know how to do it, to be honest, but the other two mine
- 47:49bills they're coming out in Montana.
- 47:51They basically they're the Antithesis of what this bill is
- 47:55in. Texas is bills.
- 47:56Very discriminatory folks, specifically at Bitcoin mining.
- 48:01Whether it's bringing up a valid concern or not.
- 48:03It's just blatantly discriminatory is like, we all
- 48:08like the coin mining. And so, you know, have some
- 48:11we're going to shove in your face but the antithesis is these
- 48:14right to mine bills and they're happening in Montana.
- 48:17So you are starting to see States and I think they'll as as
- 48:22it becomes more clear R that there's this this antagonism
- 48:26towards the industry that can show up anywhere.
- 48:28I see more and more important for states to create these these
- 48:33opportunities for the industry of show up and work its magic.
- 48:36And so there's definitely glimmers of Hope.
- 48:39But you know, I would never talk to you if you want to still home
- 48:44line like home when you want to like it's not it's not that
- 48:48crazy yet but you know how to make sure your password.
- 48:54And if you have a second password you can better, right?
- 48:57But I'm always ready to be. Always says, it's got to go
- 48:59through my price Target, 2 million to get to infinity.
- 49:03And you gotta go, you gotta go through one password before you
- 49:06can get to love it. Love it.
- 49:08Okay. What can the what can the the
- 49:10audience do out there too? I guess, you know I know we said
- 49:14to Peaceful Bitcoin Revolution but what can the audience the
- 49:16average person do to fight against this type of regulatory
- 49:19over steps that we're seeing? Yeah well I think I think
- 49:22getting involved look Ali is where is where you have the most
- 49:26influence and it's probably the best bang for the buck and so,
- 49:29you know, it's great. It's great to write your US
- 49:31senators and your congressperson.
- 49:33But it's even, it's even better to write your state.
- 49:36Your state representatives, you know, write them a letter.
- 49:39Go visit them in their office, shit.
- 49:40You'll be like one of 10 and tell him.
- 49:43Look, I'm here's why I like Bitcoin and Bitcoin mining and
- 49:46what can we do in our state to get out of here?
- 49:49Here's a group or Satoshi action fund they're willing to engage
- 49:52and educate you on. Why this matters and and all the
- 49:55benefits, it can bring to your state.
- 49:58So you could probably have a lot of influence on them and, and
- 50:04will show up and we'll give them the PowerPoint.
- 50:08So you can get in touch with your power, your electric
- 50:14commission, you Public Utility Commission or the ones that set
- 50:16electric rates, you can make sure that those Commissioners
- 50:19whether they're appointed or elected, that they understand,
- 50:23that you are not interested in them making discriminatory rate
- 50:27designs against the coin mining or discriminatory policies and
- 50:31demand response programs, that just artificially limit, the
- 50:34ability of the industries, The industry to provide these
- 50:38Services back to the grid and be compensated for them.
- 50:40So yeah, you can get involved and it matters, so do it the
- 50:46great. Love it.
- 50:48All right, love it. And you could jump in and let's
- 50:50get into the meme review, and then we'll get into the meme
- 50:53review. But first, I wanted to address
- 50:54something because I saw a comment.
- 50:56So I wanted to I want to nip it in the butt.
- 51:00Look guys my purpose is to push Bitcoin adoption and I will not
- 51:06stop until that happens, right? Simply Bitcoin Prides itself
- 51:12from being one of the only shows that highlights plebs from all
- 51:17walks of life. No other show really does that.
- 51:22We put our heart and soul into this every single day.
- 51:25I'm in constant communication with Opti.
- 51:28And our job is to release as much Bitcoin content as
- 51:32possible. My heart and soul into is into
- 51:35Bitcoin adoption, and I'm going to use all the platforms that I
- 51:39have in order to make that happen.
- 51:42So if you want to give me fucking bullshit for that, go
- 51:45right ahead, but I bet you you're not doing as much as I
- 51:48am. Anyways, Opti, let's get to the
- 51:50mean review. Let's do it.
- 51:55The daily meme review brought to you by Kaboom racks.
- 51:59I get this question all the time.
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- 52:57plates.com today. Anyways, Opti, what are the
- 53:00means, brother? Let's go this to me review, this
- 53:02your favorite portion of the show where you guys tag.
- 53:05Actually, you guys need a tag me in more memes on Twitter or send
- 53:09them to our telegram because I can scour the internet and find
- 53:13the memes that I like. But it's a lot more fun when you
- 53:15guys tag Us in the memes and we, you know, spread the signal
- 53:20together. But what do we always say?
- 53:22Tweet to the bullet? To me to the artillery.
- 53:23We are in an information War as Justin.
- 53:27So eloquently laid out as Nico put in the beginning, in the
- 53:30numbers it is very obvious. We are in the then they fight
- 53:33you stage. It is an information war and
- 53:36it's upon us to spread the Bitcoin signal.
- 53:38Get the calls of actions out there and get the freedom tools
- 53:41into people's hands. Your loved ones, your friend
- 53:44because this is all we can really do to protect ourselves
- 53:47from the madness. An opt-out from the Fiat Matrix.
- 53:50Anyways, this first meme shouts out to dr.
- 53:52Bitcoin MD. On Twitter and he goes the
- 53:55orange peeled Club working at Apple and it's the Oprah Winfrey
- 53:59meme where she goes, you get the Bitcoin white paper and you get
- 54:03the Bighorn wiper and you get the big home a and everyone gets
- 54:06a Bitcoin white paper. I'm doubling down on the Apple.
- 54:13Bitcoin white paper news, we got at sets Joseph, Joseph on
- 54:17Twitter and goes well, played Apple well played and I don't
- 54:20know what what this means from II.
- 54:23I haven't seen the show. But anyways, he's also dunking
- 54:26on Ilan. And the Doge icon on Twitter and
- 54:30it goes, you put a shit coin logo on the home page.
- 54:33We put Bitcoin white paper and every computer we are not the
- 54:37same. Let's go.
- 54:38And of course, I am tripling down on the Apple Bitcoin white
- 54:42paper news and we got toxin cat, chats out the toxic at.
- 54:46He's, he's huge and our telegram group.
- 54:48He's very active in their shouts out to you, bro.
- 54:50And I forget what, what's a show?
- 54:53Oh it says well I think this is minions, the evil guy from
- 54:56minions and because the plow Bad Apple adding the white paper to
- 55:00every Mac and it's got the Bitcoin white paper behind him
- 55:03and he's looking over his his devious devious addition.
- 55:08Anyways, off the Apple news, we got at Cold Hard, sat on Twitter
- 55:13and it, it's a dad on those trampoline gyms and he's jumping
- 55:20and he's about to dunk on his daughter and Guy that is jumping
- 55:25is me with the Bitcoin logo and the little girl at the bottom
- 55:28goes, literally any conversation This Is Us adding Bitcoin into
- 55:32literally every conversation possible even when they don't
- 55:35ask even when they don't even have an opening Bitcoin fixes,
- 55:38this. I see you guys do it all the
- 55:39time on Twitter and I'm sure you do this in real life, anyways,
- 55:43as well. And of course, this next one is
- 55:46a new story that kind of slipped through slip through the cracks
- 55:49and my regards, but shouts out to Morpheus BTC for covering it
- 55:53and putting it into mean form. There was a story yesterday that
- 55:56dropped about Jamie dimon JPMorgan CEO suggest that
- 56:01governments to seize, private property to build wind and solar
- 56:04Farms. This is why we Bitcoin, you
- 56:06cannot confiscate it and it's the classic.
- 56:09What me means, JPMorgan see, suggest government's to seize
- 56:13private property to build wind and solar Farms me.
- 56:16Like what, what the fuck? What is going on?
- 56:20This is absolute clown, World banana stuff.
- 56:23This is why Bitcoin. This is why you take your
- 56:26Bitcoin into self custody. This next meme, it's a little
- 56:29more of an infographic. It's one of these, not only
- 56:32humorous memes, but also detailed calls to action type
- 56:37memes and we got son sanjana, sanjana underscore note, sanjana
- 56:45connect on Twitter, forgive me. And she goes as a founder of a
- 56:49Bitcoin startup. Everyone wants to speak to me
- 56:51about crypto. They all think.
- 56:53Bitcoin equals crypto and that they have found the next big
- 56:56thing. So I decided to make this
- 56:57visual. If you read this and still don't
- 56:59get it. Well, have fun, staying poor for
- 57:01everyone else stack that Corners.
- 57:03If your freedom depended on it, not crypto and we have on the
- 57:10left side, Bitcoin one and asset without an issue to decentralize
- 57:14three. Immutable for no counterparty
- 57:16risk, a commodity and crypto one pre mind and distributed to the
- 57:20team to centralize. There's a management team.
- 57:23A consensus three, the system changes and is unpredictable for
- 57:28there's multiple counterparty risk and it is a secure
- 57:31security. It is unregulated for now,
- 57:33infographic to share to your friends and family when they
- 57:36tell you is Bitcoin or its crypto not Bitcoin anyways
- 57:40yesterday's news we covered that.
- 57:42Sailor is taking all the Bitcoin, stacking all the
- 57:44Bitcoins and we have our DBT. See here, a play on this idea
- 57:48because we also covered the fact that the government Old a bunch
- 57:54of Bitcoin and we got US Government.
- 57:56We should sell this Bitcoin at sailor dibs, this is mine.
- 58:00Now he's got an extra long hand scooping up all the Bitcoin it
- 58:03really does feel like this is what is currently happening
- 58:07right now in the world. Stop selling your Bitcoin to
- 58:10Michael sailor, guys. Stack them sad to the only
- 58:13number that matters is the SAT under your control.
- 58:16Anyways, Drop Your Meme review score in the chat as we cover
- 58:19hours live and we will cover yours live anyways.
- 58:22Nico. I asked you whether this was
- 58:25kosher and it's definitely kosher it's my empty bottle of
- 58:30Highland Park 12 years age Scotch work me Islands?
- 58:34Yeah it. Yeah you gotta take a sip bro.
- 58:37It's empty. It's empty.
- 58:38Oh it's empty. It's all right.
- 58:41Frank is it actually well then on brand highly recommend for
- 58:45the price. It's very delicious guys.
- 58:48If you know, you know, anyways, Nico, what's your score?
- 58:51I mean, it kind of explains. A lot that the bottles empty.
- 58:55Anyways, I'm going to give it what we're doing since we're
- 58:59doing since we're doing whiskey, I'm going to give it this almost
- 59:03done Cohiba cigar. Wow, very gentlemen, scores
- 59:06today, own room. Sophisticated sophistication,
- 59:09dog sophistication. Let me, let me bring it down a
- 59:12notch. And I've got ultra rare white
- 59:18paper foil from the Bitcoin, Trading Cards series 1.
- 59:24And I'm going to double it up because I think these are
- 59:26awesome. Everybody should be doing.
- 59:29This is a deck of playing cards from from the satoshi's journal
- 59:36and everyone is different with something, we're not going to
- 59:39join so good and those are some good news.
- 59:43Let's go before we get to before we get to the guest scores, or
- 59:49the viewer scored, I do up to you.
- 59:51How do we refer to that? If you have The chat chat scores
- 59:55chat scores. Yeah.
- 59:56Anyways we want to give a shout-out to our clothing.
- 59:58Sponsor represent LTD.com Opti and I wear the merge every
- 1:00:01single day. The simply Bitcoin merch is sold
- 1:00:03out but I am working on it. I am working on it more simply
- 1:00:07Bitcoin merch. Stay tuned, you can visit
- 1:00:09represent LTD.com for all their awesome merge and you could use
- 1:00:13the promo code simply Dash Bitcoin, get yourself a big
- 1:00:16discount, anything on the, on the store.
- 1:00:19Anyways everybody, let's get to some of the meme scores.
- 1:00:22Let's do this. The first one by decentralized
- 1:00:26data, give the memes a lawsuit. All right, now I could do it.
- 1:00:31I give the memes a lawsuit because Craig Wright invented
- 1:00:34the meme and the letters that spell Meme.
- 1:00:36You've been warned Bill. See, I give the memes 100
- 1:00:41million civil asset forfeiture proof sets.
- 1:00:44Very nice. Very, very nice, Bitcoins
- 1:00:47compliance departments score. Rip to all of op, T, ZZ
- 1:00:51ex-girlfriends LOL. Score Bitcoin adoption promoted
- 1:00:57on every platform everywhere. Very, very nice, Wicked devil.
- 1:01:02I give the memes the orange screwdriver.
- 1:01:04I'm going to use to open up the mac and order to remove.
- 1:01:08Move the Bitcoin white paper inside.
- 1:01:10Yeah do that kind of stuff. Maybe there's Bitcoin in there
- 1:01:15too. Andrew Williams.
- 1:01:17I give those memes and angry Nico telling Tia a Texas how
- 1:01:20beneficial Bitcoin mining is. I don't think I've done that
- 1:01:24before but I'll take it a jack 1991.
- 1:01:27I give the memes a margarita, and some Zaza on South Beach for
- 1:01:30Bitcoin. I hope I have that with you
- 1:01:32brother. Let's get a drink together.
- 1:01:34All right, that sounds delicious.
- 1:01:36All right, next one. No, bro.
- 1:01:39We know the buzzer, we always stop because of the buzzer.
- 1:01:42It's yeah. Yeah, we never went out.
- 1:01:44It's just a buzzer. Yeah, it's just the buzzer.
- 1:01:46Anyways, guys, thank you so much for tuning in to another episode
- 1:01:50of Simply Bitcoin live where we pride ourselves and featuring
- 1:01:54bitcoiners from all walks of life.
- 1:01:57We don't exclude certain bitcoiners just because you
- 1:02:00decide to label yourself something.
- 1:02:02And I also want to appreciate our guests for coming on today.
- 1:02:06Justin Ware, why don't Tell everybody where they can find
- 1:02:09you. Yeah, find me on Twitter.
- 1:02:12Jay, working, five and yeah. Thanks for having me cuz great
- 1:02:15guys. Keep it.
- 1:02:16Thanks man. Really appreciate it guys.
- 1:02:18Thank you so much for tuning in to another episode of Simply
- 1:02:21Bitcoin live. If you enjoyed that episode,
- 1:02:24make sure to smash that like button.
- 1:02:26And of course, if you feel like we provided you value, the
- 1:02:29number one thing you could do to help the channel.
- 1:02:31Subscribe and of course, share Bitcoin content, share all
- 1:02:35Bitcoin content don't be exclusive to what Bitcoin
- 1:02:38content. You're going to share, share it
- 1:02:40all because that's how we win, you know, it's Orange versus
- 1:02:42green anyways. Love you all.
- 1:02:44We'll see you tomorrow another episode of Simply Bitcoin live.