Latest / Simply Bitcoin / LEAKED DOCS: They Want to BAN All Bitcoin Mixers | EP 595

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LEAKED DOCS: They Want to BAN All Bitcoin Mixers | EP 595 · Simply Bitcoin

0:18
Yo, today is October, 6 2022. Welcome to Simply Bitcoin live.
0:24
We are streaming from the conference for of the mining
0:29
conference. Pretty epic.
0:30
There's people walking in the background, we've never done
0:32
this before. Looks like a newsroom, it's
0:34
badass. Anyways, we are your number one
0:36
source for the peaceful. Bitcoin Revolution recover, the
0:39
breaking news culture, me manic Warfare, and we will show you by
0:41
only Bitcoin and give you true Financial sovereignty.
0:45
And when we say that we obviously mean Freedom anyways,
0:48
today we have very interesting show lined up more Rumblings
0:53
from Europe's becoming full to Talent Aryan.
0:57
It looks like and all Our theories about how you know
1:01
they're going to use Russia and they're going to use you know
1:04
all these excuses to justify the Banning of Bitcoin eventually.
1:09
It looks like all those all those things are coming true,
1:12
not surprising. Anyways Opti.
1:14
What are we going to talk about during the culture?
1:16
Well, for the culture, we're going to cover a little bit of
1:19
the stack chain news. I saw a pretty good article on
1:23
bitcoin magazine and you know, I'm gonna I'm gonna add my
1:27
little take on top of it as well.
1:29
And And just continue to push the message of stay humble and
1:33
stacks at so excited for this one.
1:37
I think is going to be a good show.
1:38
I'm really, I'm almost most excited for the Neko Jones rips
1:40
today, because this is, I know he's going to get animated, it's
1:43
going to be a good rip today. Yeah, I mean, it's going to be
1:47
interesting and we got we got the the mining conference
1:51
background noise as well as me, interesting, I'm really excited.
1:55
I'm really excited. Anyways, let's get to it, let's
1:58
get to the news. Let's do this.
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at the time of recording, The Bitcoin price is twenty thousand
2:31
Thirty that's per dollar. Also known as Moscow, time for
2:34
1993 block height. 750 7380 for reachable Bitcoin nodes. 14950
2:43
blocks to The Happening eighty two thousand six hundred and 616
2:48
having estimate. April 21st, 2024 total lightning
2:51
network capacity 5007 Bitcoin. S capacity value around 100
2:56
million u.s. dollars realized monetary inflation.
3:00
One point seven, eight percent market capitalization 383
3:05
billion dollars with the be Bitcoin is still a baby.
3:09
Greg Faust actually covered that great last night describing of
3:14
how early where how how small Bitcoin is relative to
3:18
everything else. Anyways for today I have this
3:22
really interesting video Jack Ballers, Jack mahler's going on
3:26
CNBC yesterday and they were asking about his The recent
3:30
Announcement by strike that they raised 80 billing us aren't 80
3:34
billion 80 million dollars at the bottom of a bear market
3:38
after Bitcoin is 70% down. There's a ton of signal there
3:42
anyways, pay attention to Jack mahler's as words while he's
3:46
being interviewed. I think he says a lot with a
3:48
little, let's check it out. Welcome, back to Power lunch
3:54
with inflation, High globally, Bitcoin isn't acting much like a
3:58
hedge under 20,000 down 70% from its November highs of 68
4:04
thousand. But one crypto payment company
4:06
strike is still raising cash at what really is a bleak time for
4:10
the private markets. Notching, an 80 million dollars
4:12
Series be. So is the future for crypto?
4:15
Still in the payment space. Let's bring in Jack Mallards
4:18
founder and CEO of strike. Congratulations.
4:21
On the finding talk to me a little bit about how you were
4:25
able to accomplish that. When I'm hearing from other
4:27
companies, the access to Capital right now is very slim Thank you
4:33
and thank you for having me. Yeah, it's true.
4:36
I mean, the Federal Reserve, how are we going to do about that?
4:40
I know it's a difficult Market, much more difficult than times
4:43
prior, but I think it speaks to bitcoin at large and striking
4:47
particular and what we represent and what we mean to the world
4:50
cheaper, faster more open, more inclusive, more freedom, based
4:53
payments means a lot to the world, and no matter the
4:57
economic environment, we've seen tremendous growth in the
4:59
business and a tremendous appetite from investors to push
5:02
for There's, you know, there's a huge opportunity in a
5:04
capitalistic sense and there's a big opportunity in a moral and
5:07
principled sense, especially in times, like now where trust
5:10
within financing and payments is arguably at an all-time low.
5:13
It's beneath the floor, I'm standing on.
5:14
So I think that's really what that headline means.
5:18
More than anything else, you already are giving ton ton of
5:24
signal, their total jab at the Federal Reserve.
5:27
What are we gonna do about the Federal Reserve total jab at the
5:29
current Payment Systems. Right?
5:32
You know No, all trust in them as all time low and that that
5:36
slight Flex right. Dude.
5:38
He did raise 80 million dollars at the bottom of a bear Market.
5:41
I wonder how much you would have raised if it wasn't a bear
5:43
market right now, but that's, that's a crazy valuation.
5:47
That's a tremendous amount of money and I know that's going to
5:49
open up a lot of opportunities for strike, man.
5:52
So I'm really looking forward to seeing what strike does.
5:56
I know that they're going to release a debit card soon, but I
5:59
think he made it clear, you know, in a subtle way.
6:04
The Federal Reserve is, is the problem.
6:07
And what are we gonna do about that?
6:08
Anyways Opti, what are your thoughts brother?
6:10
Well, first and foremost, I love Jack Ballers man, he's a
6:15
character and just just you know that they jab at the Federal
6:19
Reserve. What are we going to do about
6:21
the Federal Reserve guys? Well you know that poor Federal
6:25
Reserve what are we gonna do about them out there?
6:27
But yeah man amazing you know also like you said the jab at
6:32
the payment system being Trust in payments being at all time
6:35
low. I think we are all very, very
6:38
aware of this. But furthermore, you know, as
6:40
you said bitcoiners are building in the bear market and I mean 80
6:45
million dollars for strike. I'm very excited to see what
6:49
they're going to put that money to good use for because we
6:52
already know that Jack mahler's and the crew over there at
6:55
strike, are just continuing to build awesome products.
6:58
So I think this is what it what do we always like to say part of
7:02
the Mainstream adoption of Bitcoin happening.
7:05
And as you can tell, we are all over Legacy Media, guys.
7:09
So we have Force the conversation as bitcoiners and
7:12
now like I say all the time it is our mean world and everyone
7:16
else is just living in it and and Bitcoin has forced that
7:18
conversation and without Bitcoin we wouldn't be talking about
7:21
this stuff so it's just it's just beautiful.
7:24
I say it all the time. You know, big Corners just a
7:26
winning Bitcoin, the network just stays winning and there is
7:29
no such thing as bear markets in Bitcoin.
7:31
It is just a matter of a day. Option, adoption just goes one
7:35
way, and that is up and to the right.
7:38
All right. Beautiful, beautiful.
7:40
To be a part of this. And being at what I like to call
7:43
the front rows of this, you know, like whether it's online.
7:45
It's like, we're literally in the front row and I know, but
7:50
yeah, dude, I think the signal there really is the fact that he
7:54
was able to raise and shout out to 1031 because they led the the
7:58
funding round. We were actually recording
8:01
simply was recording in their office, a Bitcoin Park.
8:05
So shout out to them and that really that that signal is that
8:09
people are bullish on bitcoin, even after a 70% downturn.
8:12
And if you kind of connect it with the other things that have
8:15
been happening, like the fact that block Rock BlackRock has
8:19
just announced that they're offering Bitcoin exposure to
8:23
their institutional clients and I actually brought it up to Greg
8:27
Faust yesterday, was like, why are they doing this?
8:29
He's like, it's not necessarily because they like it but it's
8:31
just the, it's the, you know, it's Free market doing.
8:34
Its thing Bachrach doesn't want to lose that, you know, that
8:37
opportunity, right? So that's the signal right
8:39
there, right? Is that if the king is the king,
8:41
man, everybody has to Humble themselves to the king.
8:44
Eventually Bitcoins doing is staying and it's incentives are
8:47
irresistible. And this time is no different.
8:51
Holy crap. How much money could either way
8:52
to raise? If it wasn't a bear Market, a
8:55
lot, a lot more. We, you know, we were talking, I
8:59
was talking to some friends over here and they were saying the
9:02
basically the same thing. It's like a lot of bitcoiners,
9:06
they realize that, like, bear markets are the best time
9:10
because when the bull market comes, it gets so fucking crazy.
9:12
That, you know, money is just, is just going everywhere.
9:16
And everyone is just so high on the dopamine of pumping and like
9:21
I had a few friends over here, they're like, you know what,
9:23
like we are expanding in the bear market and we're like
9:26
terrified for the bull runs because like that's when people
9:30
get over leveraged and that's when people get Rex.
9:32
So right now, Now the bear Market, humbles everyone and
9:36
Bitcoin companies are building in the bear markets and it's
9:39
beautiful to see because when this bull run starts running
9:42
when the ball return and it's going to get so crazy.
9:46
And furthermore, like what we're talking about in the news, you
9:49
know, like it's going to get the attacks.
9:52
The thud is going to get pushed into overdrive especially when
9:55
the price starts pumping. So it's going to be insane.
9:59
And this well, this bull market when the ball returns, I fits
10:02
this one's going to be Crazy eye.
10:04
You know, stay stable, tarded. And this one feels like, it's
10:08
going to be absolutely insane. Yep, absolutely.
10:11
And for anyone who's tuning into the audio.
10:13
The reason you hear the background noise is, we are
10:15
streaming live from the simply Bitcoin booth at the mining
10:19
conference. So shout out to them for making
10:21
it happen. But anyways, Opti, let's get to
10:23
the news. We definitely have a lot to talk
10:25
about today. The Daily News brought to you by
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your Bitcoin on an exchange order a bit box today Opti
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really wants to make it really really makes me want to order a
10:54
bit box every time. I feel like you're getting into
10:59
my soul order a bit box right now, anyways, so I saw this
11:04
tweet this morning when I Was preparing for the show. 7 a.m.
11:09
from Bitcoin magazine EU announces new sanctions on
11:12
Russia, banning all Russian Bitcoin wallets and accounts
11:16
from interacting with EU service providers and I know it'll I
11:19
know it. A lot of you guys are thinking
11:21
that's, you know, like how do you can't just ban someone from
11:24
Bitcoin will that's where this is going, right?
11:27
Member the attack on the EU, the the attack, the EU has had on
11:31
self custody, remember the attack, the EU?
11:34
The EU has been the most hostile, right?
11:36
You have Christine Lagarde mentioning by name, she's hoping
11:39
for regulation. In order to stop the, you know,
11:42
stop Bitcoin adoption, right? You had the mica rules that were
11:47
released yesterday that we covered on the show.
11:49
Basically making the case that hey EU wallet service providers
11:55
to use, you know, their words, To identify who's using the
11:59
wallet. Basically they only want to have
12:01
KY seed wallets, right? So this is the this is kind of
12:04
the excuses just a slow creep of Regulation.
12:07
I wouldn't be surprised that in a couple years they say hey
12:10
people can't take self custody. It's not like they're going to
12:12
get away with this but they're probably going to say this is a
12:15
people can't take self custody because we can't enforce
12:19
Russians using Russians. Not using Bitcoin.
12:21
All right and it goes it and it goes to a fundamental question,
12:26
right? And Jack mahler's touch.
12:27
It upon this in the very beginning, right?
12:30
Do you want an open monetary Network, right?
12:32
It's the most inclusive. The world has ever seen, or do
12:34
you want bureaucrats to continue?
12:36
An elite group of bureaucrats continuing to decide who should
12:41
be allowed to use money, and who shouldn't be allowed to use
12:44
money? And we also have to have a very
12:45
important discussion on what are the results of giving those
12:49
bureaucrats that type of power? I mean, what happened with
12:52
Canada, right? These Canadian putt truckers,
12:55
whether you agree with their politics or We're peaceful and
12:59
they had their bank account, shut off, right?
13:01
Is that the world that we is that the future world that we
13:03
want for everybody, right? Or do you want a nun, sensible
13:09
censorship resistant, deflationary currency right?
13:12
That has a cap Supply. What type of future do you want?
13:15
You know food. Greg Foster said yesterday, what
13:17
type of future do you want for your children?
13:19
Right? So it's a very important, you
13:20
know, conversation to have. But anyways, let's connect some
13:23
dots like we always do one simply.
13:26
So this is what we were talking about.
13:27
Yesterday right, EU seals text of landmark.
13:30
Crypto La Mika fund transfer rules, right?
13:32
And it's not again, it's a very big coincidence that this came
13:35
October 5th, right? And then, just a day later, they
13:38
make another announcement. So, just to give you guys a
13:40
quick reminder, right? It says, a separate law on fund
13:43
transfers requires wallet providers, to check their
13:46
customers identity in a bid to cut money laundering.
13:49
And then the next one, right? Check this out Opti also leaked
13:54
it was leaked, it wasn't even that they had the courage to
13:57
tell. Everybody about it.
13:58
It was a leaked, it was leaked documents at said it this is an
14:02
article from block works for audio listeners.
14:04
It says, leaked eu, doc sworn members to clamp down on crypto
14:08
mixers, right? We always knew this was coming,
14:11
it was inevitable. They gave us all of the signs,
14:13
right? We they we didn't even find out
14:15
officially we found out through a leak, right?
14:18
The European Union is preparing to Warn its 27, member states of
14:22
pending amped up scrutiny of technologies that power
14:25
Anonymous transactions such as crypto mixer.
14:27
Has and privacy wallets and a final draft for amendments to EU
14:30
regulation 2015. 847 obtained by block, where it's the governing
14:35
body outlines pending changes to rules dictating how member
14:38
states should police, the digital asset sector the
14:41
document, Most states a crypto asset service providers such as
14:44
exchanges wallets and staking platforms.
14:46
And the steps they must take to Stamp Out money laundering and
14:49
other illicit activity and line with the financial Ashton action
14:52
task force. Directives, remember the fact
14:54
that Financial action task force is an elected position Rocker.
14:57
See that dictates the financial rules of the world, right?
15:01
We don't we don't get to elect those people and then they place
15:05
these arbitrary rules that everyone else has to follow,
15:08
right? It goes on to say incoming.
15:10
Stipulations tied to how EU member states.
15:13
Must enforce, the so-called travel.
15:14
Rule are known, crypto entities, must log detailed information on
15:18
users, who transact 1,000 Euros or more in digital assets per
15:22
year? Know your customer requirements
15:24
and obtaining names addresses. Trees of Origins serial numbers
15:29
from passports and remember connected with what the US
15:31
Treasury did as well, right? There's a war on privacy without
15:35
privacy. You can't have freedom, is it?
15:38
And we know, for example, from the tornado cash example, we
15:42
know that the vast majority of people that were using tornado
15:45
cash, were innocent. It was like the number that even
15:48
the treasury admitted this themselves. 80 to 90% where
15:51
people just seeking privacy. So why do we have to pay the
15:54
consequences for that? 10% that Make the law, right?
15:58
It's like, it's like blaming the gun manufacturer because someone
16:02
bought a gun and used it to shoot someone else, like it's
16:04
not the gun manufacturers, follow that falls to the
16:06
individual. That did that action, right?
16:09
And it's very scary because in Connect is guys because it's all
16:13
interconnected, right? The US Treasury for the first
16:16
time in its history, sanctioned open source software rather than
16:19
individual or government you have leaked on documents coming
16:22
out of the EU saying we're waging a war on, you know, on
16:26
privacy. Others as well, right and you
16:28
have them saying listen if you're Russian you can't even
16:32
you can't even interact with you know with if you're rushing you
16:35
can even interact with European bitcoiners you can't even send
16:39
Bitcoin amongst each other and now when they're going to
16:41
realize that that's unenforceable which is in my
16:44
opinion, why they're trying to pass this law like this.
16:48
What's the next step? Hey you can't take self custody
16:51
because self custody allows you to bypass sanctions, right?
16:55
It's very obvious for this is Anyways, eu's Russian crypto
16:59
band confirmed as block tighten sanctions, goes on to say the
17:02
European Union has confirmed a sweeping ban on crypto services
17:06
to Russians as a tightened sanctions in the wake of what it
17:09
calls. Sham, secession votes, and for
17:11
Ukrainian regions, the block introduced in a set of Economic
17:15
and political measures against Russia, after the invasion of
17:17
Ukraine and on February tightening, a previous rule that
17:20
limited crypto payments, the European wallets to 10,000
17:23
Euros, the existing prohibitions on crypto assets have been
17:27
tightened by banning all crypto asset wallets accounts or
17:30
custody Services, irrespective of the amount of the wallet.
17:33
The European commission said in a statement on Thursday after
17:36
his proposal made last week were signed off by the EU government.
17:39
So, again, this is another important conversation that we
17:43
need to have as well, right? Is our sanctions even like our
17:48
sanctions even a good idea in the first place, right?
17:50
Who gets hurt by sanctions the most, it's definitely not the
17:55
governments of those countries, which were Hold on, as long as
17:59
the public or like, look, we have to sanction.
18:01
Russia, we have to sanction. Russia, we have to sanction.
18:03
Cuba, we have to sanction Court, North Korea.
18:06
It's the people of those countries that have nothing to
18:08
do with their governments that are the ones that are affected
18:12
the most by sanctions in the first place.
18:14
And it goes back to the original point that I was making the very
18:16
beginning should an elite. Should a bureaucratic Elite, get
18:21
have the power to get to pick and choose who is entitled to
18:25
use money or not and of question that I have I have for you.
18:29
All right. Is remember what is the name of
18:31
Bitcoin? Bitcoin is the money of enemies,
18:33
right? So the whole concept of Bitcoin
18:36
is even your worst. Enemy is entitled to use Bitcoin
18:39
and there's nothing you could do about it, right?
18:42
The world that they want is the world of before the world of the
18:45
past, right? The exclusive monetary Network
18:48
that get that basically says that half the world just because
18:51
of where they happen. To be born with born in aren't
18:55
entitled to a bank account is that the Is this the world of
18:59
the future that we want to live in, right?
19:00
So these are all important conversations that should we
19:03
should be having and don't get distracted by the boogeyman
19:07
because I saw a lot of people do that.
19:10
Do that on Twitter, right there? Like oh, bro, it's the North
19:12
Koreans, bro. It's the Russians, bro.
19:14
It's this is like, those are great excuses to take away your
19:17
freedoms and you just clap along the way, right?
19:20
So don't get distracted. At the end of the day.
19:23
It comes down to this. Do we want to have an open?
19:27
Terry Network, or do we want to continue trusting in a
19:31
bureaucratic Elite to get to decide who's entitled to money
19:35
and who's not entitled to money? I would much rather live an open
19:39
monetary network, but I don't know, man.
19:40
That's just me Opti. What are your thoughts on this?
19:42
Well, I said all the time, you know, you can't ban Bitcoin.
19:46
You can only ban yourself from Bitcoin.
19:48
And my first thought this morning was like, how would they
19:50
even be able to enforce this? I know, I know we talked about
19:55
it yesterday. We Hubbard ways that they could
19:58
enforce this. But furthermore, it just kind of
20:01
it's just kind of more proof to me that they really don't
20:04
understand Bitcoin and they don't understand that Bitcoin
20:06
completely route around them and there's ways and tools for this
20:10
to just make no sense. And furthermore this really
20:13
feels like security theater, like sjw social justice virtue
20:18
signaling right now because they can't stop Bitcoin like this.
20:22
You know, again we know that they can potentially stop on and
20:27
off. Shrimps and that's probably
20:29
where they're going to lean towards.
20:30
But if we connect these dots like that, we did today from n.
20:35
And furthermore, from yesterday, again, we are in the then they
20:39
fight you stage and it is, is the early rounds guys?
20:43
And we will continue to double down on the idea that they will
20:47
use these low hanging fruit excuses for as long as they work
20:51
and they make people fall for these narratives.
20:53
So it's absolutely insane that the European It has gotten to
20:58
this point but I really like the comment.
21:00
I think it was narwhal in the chat.
21:01
He says the European Union won't even be around that much longer.
21:05
So bitcoiners can just out, ha. Tell them, you know, again, you
21:10
know, we squeezed try to stay optimistic in this but it really
21:13
is insane. That this is where the, you
21:17
know, the high level parasites are angling at.
21:19
And, and like I said, in the numbers guys, is going to get
21:22
even crazier. And these flood attacks, are
21:24
going to get even stronger and bigger and more coordinated.
21:27
And furthermore, I don't know if you fully covered it, but the EU
21:31
also was talking about, I put it on a tweet yesterday, not in
21:36
just in regards to the mica but telling the US and the IMF and
21:40
the World Bank that we need a global coordinated regulatory
21:43
effort. So it's like we know where
21:45
they're angling and we know exactly what they want to do and
21:49
it's just a pain us to continue to spread the signal and
21:51
continue to tell people what the right tools are and self custody
21:55
is a revolution and don't fall for these Narrative lines and,
21:59
you know, get Bitcoin any way possible.
22:01
And and also like secure your food sources and all this stuff
22:04
because it is getting really crazy out there and I'm just
22:07
happy to be a bit cleaner and happy to have this, you know, a
22:11
symmetric knowledge of what is going on and furthermore be this
22:14
close to the news so that we can like see the attacks from miles
22:18
away. So it, you know, like it's
22:21
amazing. Yeah.
22:22
No. And you mean, we're seeing, you
22:24
know, basically that what we've been theorizing, right?
22:26
Is the Attack. You know, trying to stop this.
22:29
They're scared of it. It's a system completely out of
22:32
their control. So, you know, to use Christine
22:35
lagarde's own words. What they're attacking is the
22:37
escape out. There are talking the on and off
22:39
ramps, you know. Now they're going to try to
22:41
force their scaring software, developers are going to try to,
22:44
for software developers into into implementing kyc into
22:49
wallet software. Like that is the point in the
22:51
movie that we're in. That is where we're going,
22:54
right? And again, it falls to this.
22:56
Like if Lived in Europe, like, holy crap.
22:59
I would want to move to El Salvador tomorrow, like it's
23:02
definitely doesn't look like a nice place to be, you know, what
23:05
are the benefits of all these control?
23:07
What are the benefits of giving the government all this power?
23:10
I don't see it. Do you see it, right?
23:13
So, anyways, just some thoughts, speaking of governments and
23:17
control. I swear to God, this is real.
23:20
It doesn't even come from me. When I, when I read this, I
23:24
thought it was unbelievable. But just to, can you give you
23:26
guys a little bit? Bit of a preface.
23:29
This is something we talked about.
23:30
I think it was a couple episodes ago, investors ditch the Euro
23:33
and pound for Bitcoin and record numbers as their value plummets,
23:36
right, again, coincidence. Right.
23:39
That all that European regulation is coming when you
23:42
get articles like that, right? But it's on only in Europe as
23:44
well. Joe Biden Administration urges
23:46
Congress to speed up crypto rules, right?
23:48
It's very, you know, it's very coincidental and then this came
23:52
out, this is a tweet by Tom emmer, Tom emmer is a
23:56
representative form in So does sixth district, he's a
23:59
congressman, and this was his tweet for audio listeners.
24:02
We put her. We put our sources down below.
24:04
It's going to seem unbelievable. So, hold on to your seats.
24:08
Anyways, the by an Administration wrote a report on
24:10
how they could issue a central bank, digital currency behind
24:15
the back of Congress. And the American people, now,
24:19
they aren't sharing that report with Congress.
24:24
What the fuck? And it's crazy because you tune
24:29
into simply Bitcoin. And we've been telling you, this
24:31
is like, look, they are dependent, they need it.
24:34
They need a central bank, digital currency in order to
24:37
continue their racket. The problem is that how you
24:40
going to get to the pub? How you going to get the public
24:43
to agree to that, right? Why you get think about it?
24:47
What are the incentives that Bitcoin provides right
24:50
censorship resistance and it's a currency that has a cap Supply,
24:53
right? You compare that with Fiat
24:55
money, right? They're going to want to censor
24:57
it and they're going to want to debase it, right?
24:59
That's how they pay for themselves inflation.
25:01
The basement is how governments continue to spend more money,
25:05
right? That they don't have right?
25:07
The deficit spending that's enabled by the money printer.
25:10
If you take away Fiat from them, right?
25:14
They're not going to be able to fund the bureaucracies they've
25:16
been able to do. So, their last-gasp, attempt is
25:20
a central bank, digital currency, but they don't have
25:23
the political Will support, right?
25:25
So, this type of stuff happens, which is crazy, because I think
25:29
we've been speculating other, we've been thinking about this
25:32
stuff but like, it's even crazier that it's happening in
25:35
real life. That they're so desperate that
25:38
they need this. And again, these are the same
25:40
people that are responsible for regulating this stuff.
25:43
So the people that stand the most to lose are, also the
25:47
people that are responsible with regulating this.
25:50
So of course, they're going to be hostile towards it.
25:52
It doesn't surprise me that you're Releases all these
25:54
regulations is it really to protect the people?
25:57
Or is it really to protect their moat or like Lawrence Lepard
26:01
said their privilege of being able to create money for free
26:05
that everyone else has to work for?
26:07
So Tom emmer goes on to say, will be very clear.
26:10
There is no alternative to author ID, authorizing a central
26:13
bank, digital currency, other than through legislation and
26:16
Congress won't approve a central bank, digital currency unless
26:19
it's open /. Listen up permission list and
26:22
private and of course, It's, that is never going to happen,
26:26
but I love the words that he's using permissionless and
26:29
private. Maybe that's something that
26:30
Bitcoin already does. Why are we trying to seek a
26:33
government alternative? Right.
26:35
They need, they need that government alternative to
26:38
justify their existence in the first place.
26:40
Anyways, it's really interesting going to read some of this
26:43
letter, maybe I can get through it all.
26:45
Anyways, it's to attorney general Garland and he says, we
26:51
write regarding the Department of Justice role and Reports
26:54
issued pursuant to executive order on ensuring responsible
26:57
development of digital assets and to request a copy of the
27:02
Department's assessment of whether legislative changes
27:04
would be necessary to issue a central bank.
27:07
Digital currency keep in mind. Guys, we were on top of that
27:10
executive order that is the same executive order that Nick Carter
27:14
debunked, that is the same executive order that Michael
27:17
sailor. Michael sailor called
27:20
propaganda. Remember in that executive
27:22
order, what did they do? They attacked Bitcoin and they
27:26
promoted what Central Bank, digital currencies.
27:29
And there's a paper by the US Treasury that we've gone through
27:32
many times on the show called the future of money.
27:35
And in that paper, you know what they did, they pulled out the
27:38
North Korea example, which is the justification for
27:41
sanctioning open source software.
27:43
And you know what they did in the, in the preview in the next
27:46
paragraph of that. The advocating, we need Central
27:48
Bank, digital currencies, because this is the only way
27:51
that we're going to stop illicit Finance.
27:52
This is the only way. That we're going to stop crime,
27:55
of course. It has nothing to do from.
27:57
If they get away with the Central Bank, digital currency
28:00
they're going to continue their inflation rocket.
28:02
They're going to continue to be able to steal from people
28:06
through monetary debasement. Of course, it was never
28:09
mentioned in that paper that hey, this is the reason that
28:13
people are seeking an alternative.
28:15
This is the reason the reason it never mentioned and never
28:17
mentions inflation. They can't mention inflation.
28:20
Because inflation is the racket in itself and they can't.
28:23
Explain it when there's a working currency, there's a
28:27
working money that doesn't have it.
28:30
In fact, it's deflationary. It increases in purchasing power
28:33
over time. It exposes the racket for what
28:36
it is, right? The sovereign individual
28:39
theorize, this back in the 90s and he hit the nail on the head
28:43
and of course governments are reacting aggressively because
28:46
they have the most to lose. Anyways, goes on to say as you
28:49
know, Congress has authority over.
28:51
Coining money, is exclusive the Supreme.
28:54
Has recognized congress's power, to coin money and regulate the
28:57
value thereof confirming Congress has authority to
28:59
regulate each phase of currency read.
29:03
What the hell does that say? Red of relative relatedly
29:07
relatedly Congress, May Charter Banks and Grant them the right
29:10
to issue circulating notes. And it may restrain the
29:13
circulation of notes not issued under its Authority.
29:16
The house committee on Financial Services, has spent a
29:18
considerable time and resources examining both the potential
29:22
risks and benefits of Central Bank.
29:23
Israel currencies, the committee's review has included
29:26
analyzing whether the Federal Reserve has the authority to
29:28
issue a central bank. Digital currency without
29:30
authorization, authorizing legislation committee
29:33
Republicans emphasized in our Central Bank, digital currency
29:36
principles that the Federal Reserve does not have the legal
29:39
authority to issue a central bank.
29:41
Digital currency absent action from Congress.
29:43
Both Federal Reserve, chair, Powell, and vice chair Brainerd.
29:48
Have also testified on the need for authorizing legislation, so
29:52
that is absolutely. Crazy right there.
29:55
Literally talking about how and the B Administration is floating
30:00
this idea that hey perhaps we don't congress's approval to
30:05
implement this dystopian technology.
30:07
This dystopian currency how is Central Bank digital currencies
30:11
different than what we have today?
30:13
All our money is digital, right? We all use payment apps.
30:15
If you specifically, if you lose using living in the United
30:18
States, use venmo use cash app, use PayPal, right?
30:22
So, how is the Central Bank digital See different, right?
30:25
And again, they need, it's the point that I keep trying to
30:27
reiterate. They need a central bank.
30:30
Digital currency to justify their excuse to exist in the
30:34
first place. They're being disintermediated
30:38
and you're watching them saying no you need intermediaries
30:41
intermediaries are necessary. Without intermediaries the world
30:45
will burn down. Well I'm going to make the case
30:48
that intermediaries are now Obsolete.
30:53
And I When say that intermediaries are prone to
30:56
either government capture or corruption in the first place,
31:00
man, they've been abused. They've been used to abuse
31:03
people. Listen, I know a Bitcoin has
31:05
done for me personally, I know a Bitcoin has done for Opti, I
31:09
know what Bitcoin has done for the people of El Salvador,
31:12
there's no intermediaries. There there is no IMF there is
31:15
no World Bank and all of a sudden it's doing good for
31:18
people. So why don't you give Bitcoin a
31:20
chance and the reason that they can't give Bitcoin a This is
31:24
because they need inflation to continue to pay themselves
31:28
without having inflation. They cannot fund the
31:32
bureaucracies. They can't have it and they
31:34
thought they built a regular regulatory moat so high that
31:38
they thought they were good for the rest of their wear for the
31:41
rest of their lives. But then came Bitcoin out of
31:44
nowhere, right? So, it's very interesting, man.
31:47
I can't believe we're living through these historical times.
31:50
You're seeing the monetary demons coming out of the
31:53
Woodwork broad literally coming out of the woodwork you know
31:57
they're pulling out all the stops.
31:58
They're saying the quite a quiet part out loud, whether that's
32:01
Europe, you know, trying to kyc wallets trying to ban Russians
32:05
altogether from Bitcoin whether that's United States Biden
32:09
Administration from from a behind the way saying hey we got
32:13
a, we got an Implement, a central bank to do currency and
32:16
we we don't need congress's approval.
32:17
We could just get away with it. Like dude, holy crap.
32:20
What type of dystopian reality is this?
32:23
This guy's realize what part of the movie you're in take self
32:27
custody hottel that Bitcoin. Don't let these monetary demons.
32:32
When remember guys at the end of the day it's Bitcoin or slavery
32:35
and I don't know, I don't know about you guys but my money's on
32:39
bitcoin booyakasha. Well to your point man, it to
32:46
the point of what part of the movie where in it's very
32:50
obvious, how desperate these parasites.
32:54
These monetary demons are right now and the fact that they're
32:58
doing this underhanded, sneaky stuff like these parasites are
33:01
trying to pass stuff in silence, you know, do stuff behind the
33:05
scenes because it's always been about control and like Nico said
33:10
even though we cover this every single All day on this show, it
33:14
is still amazing that this is happening and like this is real
33:17
life and no longer just like a conspiracy theory.
33:20
Like these are the facts that they're trying to control you
33:24
completely with their money. As I say all the time, they're
33:26
trying to track and bag, you 100%, make sure that you don't
33:29
find the exit door. But this is why we will continue
33:32
to spread the sound money gospel continue to tell you about self
33:35
custody because Bitcoin is the best currency in the world.
33:38
You know? Even if we just take it by the
33:40
inflation rate, the current inflation rate.
33:42
A coin at 1.78. I would cover every day in the
33:44
numbers until that 21 million hard cap.
33:47
Bitcoin is the strongest currency in the world and it
33:50
happened so quickly. I remember we were to be we've
33:52
been talking about this for like I don't know.
33:54
I think it was the beginning of the year when we were talking
33:56
about it and we were like, yeah, you know, soon enough Bitcoin
33:59
will have the lowest inflation rate and then we got the numbers
34:02
from all the central Bankers in the world and they're there in
34:05
double digits, basically, in the first world, it's absolutely
34:08
insane and furthermore to what you're saying about Bitcoin.
34:12
Eating the middleman, remember the first paragraph of Bitcoin
34:16
white paper. You know, all the trust that is
34:18
required to maintain the financial system, Bitcoin has
34:22
eliminated, eliminated, the counterparty risk as eliminated.
34:26
The third parties in your money and this is a feature, not a
34:28
bug. So of course, these monetary
34:30
demons as Nika likes to call them, are trying to do their
34:34
best to get their little grubby fingers on bitcoin, get
34:37
themselves in between Bitcoin or you and freedom.
34:41
Because Bitcoin is The money and try to pass the CBBC behind the
34:47
backs of Congress like it's absolutely insane and atrocious
34:51
what they're trying to do. Not only just in the u.s. like
34:54
we covered right now but what we covered earlier in in Europe as
34:57
well they're afraid they are terrified because they know what
35:01
we know that Bitcoin does do what we say.
35:04
It does Bitcoin is freedom Bitcoin is opting out of their
35:08
control out of their power and they are doing whatever they
35:11
can. To maintain that power in it
35:13
it's it's first of all absolutely disgusting but also
35:18
very revealing of what they want to do with everyone.
35:22
So like The Jig Is up and their cards are on the table and it's
35:27
becoming very transparent what they want.
35:29
They want you to be a slave for the rest of your life, for the
35:32
rest of your children's lives. They want to continue to steal
35:34
from you and Bitcoin real, it early threw a wrench in their
35:38
game, and now they are freaking out and doing whatever.
35:42
Can doing a bunch of shady shit behind the scenes, so that you
35:46
are a slave forever. Like this is absolutely insane.
35:49
I almost can't believe it but we cover this all the time and you
35:53
know, I'm the in-house truther. So like obviously saw this
35:56
coming but man, it's crazy when as a Bitcoin are your theories,
36:01
don't just, they're not theories anymore.
36:02
They're like, it's like, oh, here's the facts, they want you
36:06
enslaved. You're like, oh my God.
36:08
Like this can't be real. It's like yes, this is actually
36:11
real. Life.
36:12
And this is where we are in the in the story.
36:15
So absolutely insane. Continue to take Bitcoin in the
36:18
South custody and and opt-out guys like provide value to your
36:22
fellow man and opt-out, stop being a parasite, you know, to
36:25
all the parasites out there, just stop being a parasite.
36:27
Like, go get some help as real over to side like stop using
36:31
Fiat. Go get some help like get some
36:34
help, get off the drug. That is Fiat, guys, and come
36:38
join us on the Bitcoin standard. Come join us on the Bitcoin
36:41
standard but no. This is crazy developments.
36:44
I suspect it will continue to get crazier how you could
36:47
protect yourself as an individual is take Bitcoin into
36:50
self custody man. Shame on the B Administration.
36:53
You know, like look fine. If again I'm not a big fan of
36:56
Central Bank, digital currencies, but if they have
36:59
majority support, you know, in Congress, it is what it is,
37:03
right? But they don't do that.
37:04
They're trying to, you know, a pass it by executive privilege.
37:08
And I don't think that's right. And the worst part about it is,
37:11
well, as that there, Are not releasing the, you know, the the
37:15
the details about the report they're choosing to to keep the
37:18
report private on something so consequential, like a new
37:22
monetary system for the United States.
37:24
They're not even willing to show the details to the population
37:28
which in my opinion. What are you trying to hide,
37:30
right? What what what is?
37:31
What exactly you're trying to hide from everybody else?
37:34
Now, in terms of, you know, the European Union Banning Russian
37:38
citizens or sorry, Europeans from interacting with And
37:42
citizens with Bitcoin. I mean where I see this going is
37:45
that and inevitably they're going to say hey self custody is
37:49
too dangerous. You can't allow self custody
37:51
because self custody is just going to allow people to
37:53
transact with whoever they want. And I think that that's where
37:56
this is going. And I think that the incremental
37:58
steps, whether it's KY seeing every, single Bitcoin wallet,
38:02
whether you know it's going after.
38:04
And again, this was a leak as well.
38:06
This wasn't public information whether it's going after Bitcoin
38:09
mixers, you know, it's incredibly obvious where this is
38:12
Going. This is the separation of money
38:13
and state, sovereign, individual thesis covered this.
38:16
It's playing out in real life. Holy crap, what a time to be
38:20
alive. There's this really famous
38:22
saying, and I love it so much right where there is decades,
38:26
that nothing that year has happened.
38:27
And then there's years that decades happened were definitely
38:30
living through that right now is a crazy fourth turning baby.
38:34
Anyways, anyways, let's get to the culture.
38:37
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Hopefully Opti will nudge me and remind me.
39:55
Okay, I'm running on. All right guys.
40:03
Okay so first and foremost, I hope you guys saw the Greg Faust
40:08
View we did last night Niko and Greg absolutely killed it.
40:11
Greg Faust went absolutely bananas and I only bring that up
40:15
because there was something that he said yesterday, which just
40:19
besides all the Rams I got me, literally, I was like, passing
40:22
out, we've been, we've been running on fumes, but he said
40:25
something yesterday and it just it got me so bullish.
40:29
And I know people always make fun of me because I say bullish
40:32
like 47 times on the show. But anyways as you guys can see
40:35
here from coin B's coin bees did a nice little visual for you.
40:38
Is and it's the same idea that the total addressable market for
40:42
money for Bitcoin is nine hundred trillion dollars.
40:44
So if you're if you're out there and you're being bearish right
40:48
now but you don't realize exactly what is going on here
40:52
and as we just covered in the news, the powers-that-be, the
40:56
monetary demons, the high-level parasites.
40:58
They know that we are coming for all the marbles and all the
41:01
marbles is nine hundred trillion dollars guys if Bitcoin just
41:05
takes a little fraction of that. Number Is going to go way up.
41:09
And as we say all the time, there is no bear Market to
41:11
bitcoin, there is just an adoption cycle, and that number
41:15
just continues to go up and to the right.
41:18
So for those in the spaces, I'm going to just cover some of
41:21
this. Some of these numbers, so 200
41:22
trillion dollars in real estate, 247 trillion and Global debt, 50
41:27
trillion and physical money, 100 trillion, all the money in the
41:30
world broad money and stock market, seventy seven point,
41:33
seven trillion and there's gold market.
41:35
I can't read that I'm colorblind.
41:37
So Alright. Anyways anyways wait, let me
41:42
read it then. All right it's too small.
41:45
I know I know seven trillion. I think it's way too small.
41:49
I can't see it. Yeah, almost a trillion.
41:52
Okay, so I bring all that up because I read I just saw this
41:57
article Bitcoin magazine and it's involving the stash chain
42:01
and it's titled how a five dollar Bitcoin purchase cascaded
42:04
into a 1.5 million dollar viral movement.
42:08
Aunt and I'll just cover a little bit of the stack chain
42:11
and I'll tell you why. I think I'm connecting these two
42:15
ideas together, so here we go, just a little little description
42:19
to begin on the stack chain. I did Cover stack chain a little
42:22
while ago, but this is definitely all about the Bitcoin
42:25
culture. And this is the culture that we
42:27
are a part of and that most of my friends out there on YouTube
42:30
are a part of his well. And so here we go.
42:32
Almost two months before. Arizona Jato.
42:35
Deleted his account, he tweeted and unassuming.
42:38
Of a five dollar Bitcoin purchase any regular person and
42:41
by regular I mean not a psychopathic dark tetrad
42:44
Bitcoin. Fanatic would have batted an eye
42:46
but those of us that are familiar with Bitcoin, Twitter
42:48
know that the community like Bitcoin itself is an Unstoppable
42:51
Force even through a market. There is no such thing as
42:54
Bitcoin bear markets it is just an adoption cycle.
42:56
Anyways this was the case for Arizona Huddle's tweet from
42:59
which a new Bitcoin subculture full of stacking SATs and making
43:02
memes was born. So how does that chain work?
43:06
It started with a five dollar. Purchase and all you do is you
43:09
just buy a dollar more on as they call it each block.
43:13
And so everyone just continues to buy Bitcoin and trying to
43:17
one-up each other, you know, gamifying stacking.
43:20
So you just each block is one dollar more than the previous
43:23
and the latest block known as the tip and it can be found on
43:26
Twitter by the hashtag stack chain tip.
43:29
Anyways, let me see this next one.
43:32
So in eight weeks, those participating in the stack chain
43:36
went from having bought a mere. Dollars of Bitcoin to a whopping
43:39
1.5 million of Bitcoin cumulative lior in Bitcoin terms
43:43
from accumulating a few thousand SATs to over seven point five
43:47
billion SATs, amazing, absolutely amazing.
43:50
And the reason I am connecting, these two ideas is because what
43:55
mad Odell we says guys stay humble and stacks ass and he's
43:59
been doing this consistently. Good morning, stay humble, and
44:01
stacks ads. And this is what it means to be
44:04
a big corner and the reason I brought these two ideas
44:07
together, It's because we tell you all the time there's only
44:10
ever going to be 21 million Bitcoins.
44:11
And there's people out there like us that are stacking our
44:14
balls off because we understand that Bitcoin is coming for all
44:17
the marbles and the fact that Bitcoin is such a small market
44:22
cap, what we are under 400 billion right now or like
44:27
amazing. And if the total addressable
44:31
market for Bitcoin is nine hundred trillion dollars.
44:34
If you guys haven't watched the Greg Faust interview yesterday
44:37
if Bitcoin, Takes a fraction of that we are talking about
44:40
Millions per Bitcoin. And so this, this culture that
44:44
that I, we like to push of taking Bitcoin to self, custody
44:47
stacking SATs. Like we are taking all this
44:50
Bitcoin Supply and it's going to strong hands.
44:53
And I remember something that fryer has told us a long time
44:56
ago on Twitter. I think he said something on the
44:58
line. If like a million people stacked
45:01
five dollars of Bitcoin. Today might even be less like
45:04
the Bitcoin price is starting it.
45:06
Would go nuclear guys. So I know that these two ideas
45:10
are you know probably a little a little separated but the total
45:15
addressable Market of Bitcoin is nine hundred trillion dollars
45:18
and the stack chain guys. I think it was like 40 or 60.
45:22
People are stacking 7.5 billion sats are 1.5 million dollars and
45:28
this process is just going to continue to Compound on each
45:31
other as this signal, continues to spread, as more people,
45:34
understand that, that the parasites that the He demons out
45:38
there are trying to rob them consistently so if you guys are
45:43
still bearish out there which I wouldn't understand why you're
45:46
focusing on the price too much understand the meme that Bitcoin
45:51
adoption cycle. Goes one way up into the right?
45:54
And so we all need Bitcoin more than ever become was designed
45:59
for this very moment and you just need to zoom out focus on
46:03
on the goals here, which is provide value to your fellow man
46:06
and Save in Bitcoin. And because the people in charge
46:10
of the Fiat system, the politicians, the Legacy Media,
46:13
they will continue to fund Bitcoin.
46:15
They will continue to spread the negative signal and use any low
46:19
hanging fruit to FUD Bitcoin. But people are stacking SATs
46:24
because we understand one thing, there's only one good money in
46:27
the world and is Bitcoin. There's a perfect money.
46:29
It is Bitcoin. It's got the lowest and
46:32
inflation rate till 21 million. It's a hard cap money and like
46:36
if you're still better, Shout out there.
46:39
You gotta understand that they're Savage people like to
46:41
stack Shane guys and us, that will continue to buy Bitcoin
46:45
because like I said, you guys need to watch this Greg Faust
46:48
interview because like we are doing this for the children.
46:50
I don't have children yet, but I am tired of getting my future.
46:53
Rob, from these Boomers, he went so hard on Ray dalio yesterday,
46:58
it was absolutely amazing and then it's bigger than money.
47:02
It's like the Joker me, you know?
47:03
Like we came for the money, but we were staying to fix the money
47:07
and Bitcoin. He's doing it in real time and
47:09
it's doing it so incredibly fast that people really, you know,
47:13
get sidetracked on on really, mostly nuance and distractions
47:18
but the signal Remains the Same Bitcoin is a hard cap. 21
47:24
million hard, cap money. It's a censorship resistant
47:27
money. It stops these politicians from
47:31
debasing your currency and the number will just continue to go
47:35
up. So Stay humble Stacks at we are
47:39
coming for that nine hundred trillion dollar total available
47:43
market and how could you just how could you be bullish or
47:47
bearish out here? It really doesn't make sense to
47:49
me. I said it.
47:50
I said it on BTC sessions the other day like it's almost like
47:53
Bitcoin was designed for this very moment and it's almost like
47:56
Bitcoin is winning. So stay focused, stay spreading
48:00
the signal. Keep telling people to take
48:02
their Bitcoin in the South custody, provide value to your
48:05
fellow man. They have on Stacks at anyways,
48:08
Nico, did I, remember, I think you hit the nail on the head and
48:11
the, the interview or simply Bitcoin RL episode with Greg
48:16
Faust yesterday? You know, he really hit the nail
48:18
on the head, right? Like it doesn't even need an
48:21
even didn't need to be 100% of that nine hundred trillion it
48:23
could be 5 percent. I think he said, right?
48:25
And it was going to it would poed put Bitcoin at to Mill 2
48:28
million dollars, right? So, it's such a small amount and
48:32
what, dude, that's a that's 100 x from here, which is absolutely
48:36
insane. Now and again, like if you kind
48:38
of look back on Bitcoins history, Pete Russo does a
48:41
really great job of doing this, where he posts examples of
48:45
people selling like 1,000 Bitcoin.
48:47
Like, back in the day, they're complaining.
48:49
They're like, this is never going to get above a dollar.
48:51
This is never going to get a bed above $10.
48:53
Never going to get above a hundred dollars and those are
48:55
all like really good examples. Sometimes you have to zoom out,
48:58
sometimes you get lost in the present like you get your like,
49:02
wow, like this is never going anywhere.
49:03
Look at this major drop like you get you know you get a little
49:06
Bitte, dude. It's it's you wouldn't be human
49:11
if you didn't get emotional holding something that's just
49:14
dropping the way it does. Right.
49:16
And I think a lot of people lose perspective in those times but
49:20
in those times it's the most important to zoom out.
49:23
Learn the fundamentals, listen to some Chad sailor, listen to
49:27
some Bitcoin content and really understand.
49:30
And remember why you're here in the first place, right?
49:33
So anyways, anyways Opti wait, hold on.
49:35
Before we go before Or we go side, duck says, excuse me, we
49:40
have over 400 plus unique stackers, in the stack chain.
49:45
Boom about 40, repeat stackers though.
49:47
So apologize for my numbers, there is more stackers out there
49:52
than even possible. And furthermore, there's just
49:54
just Testament to the idea that there are more Bitcoin is out
49:58
there than Bitcoin Twitter, so you don't get lost in the sauce
50:01
on bitcoin Twitter, Bitcoin is winning and this is on
50:04
contentious absolutely. Please go to let me review.
50:10
The Daily meme review, brought to you by Cipher safe, don't be
50:15
that person that loses their Bitcoin seed.
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50:39
Beautiful. Beautiful.
50:41
All right guys. Yall already know the deal.
50:43
We are in an information war and your tweets are the bullets.
50:46
But memes are the artillery and continue to spread the signal,
50:50
continue to get the calls of action out there, continue to
50:52
make the videos because we are on the front lines.
50:55
And as you guys can tell, it is no longer theoretical that we
50:59
are in the then they fight you stage.
51:01
They may not have a full-blown attack on his bitcoiners, but
51:05
the grumblings are happening. We are on the front lines.
51:08
And most people don't, don't want to spend the time to, you
51:11
know, read Rita, 40 40 minute, Bitcoin article, to understand
51:15
why they should stay bullish. They will just read a meme or
51:18
they will watch this show and get tidbits and and sound bites.
51:21
And so continue to clip stuff continue to spread the signal
51:25
because we are in an information War.
51:27
Anyways, this first meme, I had to put this one because of
51:30
course it is Nico related and I absolutely love it.
51:34
Shouts out to be TC Padre and he just tagged us and goes Shooting
51:38
holes in the Fiat narratives and look at Nico, smooth Sleek, a
51:43
smile. I just want to, I want to give a
51:45
shout-out to you see that camera hoodie.
51:48
That's the represent hoodie. I'm wearing only, I'm
51:51
representative. He does go.
51:54
I don't even know what this gun is but it isn't a dude.
51:57
It's a machine gun. It was a big one.
51:59
It was badass. As the first time I shot a
52:01
machine gun like that and it says shooting holes and Fiat
52:04
mayor and Fiat narratives. That's absolutely what we do on
52:07
simply because yeah I had to Add it bro, get because shit BTC
52:10
Padre. This next one on the news this
52:13
morning that we are hearing and covering today.
52:16
You bands all Russian, you know, crypto asset wallets that we
52:20
just covered. I really love this meme that
52:22
corn DeLorean at any goes. Nice band, you got there it
52:26
would be a shame if those assets were unsensible with the laser
52:31
eyes. Yes.
52:31
Yes. Bitcoin is censorship resistant.
52:34
You know, like as I said, how would they enforce its it's
52:37
almost like Bitcoin. Is unsensible.
52:39
Anyway, this next one is by our friend Bitcoin Becca inch or at
52:43
Costa Becca. She lost her account and she
52:45
goes, it's this. I forget what this guy's name
52:48
but he's a legend and when it's in regards to the EU news
52:53
yesterday of the EU trying to ban wallet or better yet trying
52:58
to kyc all wallets. And I forget what this guy's
53:02
name is, but the legend golfer and he just rolling Dice and
53:06
then I'm pretty sure this Tiger Woods and it goes.
53:08
EU K YC, wallet regulations and Becca's comment.
53:12
But before I rolled the dice I showed it, my ID officer, yes,
53:17
guys, you can create a Bitcoin wallet just by Rolling dice.
53:20
How can they ban math? How can they ban rolling dice?
53:22
It makes absolutely no sense. They cannot kyc all these
53:25
wallets even though they will try anyways, the next 120 1j C.
53:31
LP, he's been killing it on Twitter and he goes no Bitcoin
53:35
24/7. And we got the The infamous girl
53:39
screeching and it's got World economic Forum on her head and
53:42
it goes. Stop talking about Bitcoin and
53:45
we got a Chad sailor. Chad Bitcoin are over here
53:48
going. No, with actually it's a yellow.
53:51
No, no, with laser eyes. And this last one, this one
53:55
might not be safe for you to, okay?
53:57
All right, you got got sensor, got censored, sneak it in there.
54:01
Okay, this next one, last one actually, at Morpheus PTA know,
54:08
Anyways, OK, take on Morpheus or when my friends hear me talking
54:11
about Bitcoin again and it's the Arthur pissed off fist all the
54:16
time. Hashtag decline.
54:18
Hashtag that Clan. Well guys, apparently there was
54:21
a not-safe-for-work meme in there so my apologies, my
54:25
apologies. I am trying to apply.
54:28
You gotta chill with the rainbow dildos though.
54:31
Hey, I thought I was the first one.
54:32
I thought that I thought a family friendly show off.
54:36
Okay. All right, I'm learning, I'm
54:38
learning. Anyways, I am going to give it
54:40
my coffee cup. Today, you guys can't see the
54:43
artwork, but it's beautiful Chef's out to my boys at qumran
54:46
acts completely conflicts. Check out.
54:48
You gotta check out the racks. Anyways, I'm gonna give it the
54:52
this mining conference lanyard thing that I got.
54:56
There we go. It's not focusing.
54:58
There we go. I'm gonna give it my pass as I'm
55:01
gonna give it its my score. Anyways, guys, rate, the meme.
55:04
It is the meme review is simply Bitcoin live.
55:06
Yeah, I forgot to say that part. Paul Niko's face is pulled it,
55:11
yes bro, dealing with Opti full-time job.
55:16
Silent lamb says Shire hottel best meme of the day for the
55:19
win. All right, next one we got AA,
55:21
please opt he's neglected, Fifth and episode of Simply Bitcoin
55:27
with Opti going through cold turkey, caffeine withdrawals.
55:29
He's going through right now, bro.
55:31
Mr. Robot rate, memes a bottle of water.
55:34
I forgot to drink last night. Mr. Robot went a little crazy
55:37
last night, that's for sure. Matt fries says, I rate the
55:40
memes to Fiber, Optic, internet installations, moreover and
55:44
additionally I give them my tool belt or over.
55:47
Moreover moreover sorry I Rave elevator says I give the memes
55:50
Biden's ice cream. Cone narwhal Taco says I give
55:54
them one Greg Faust rate dally around.
56:03
Oh man. Oh man.
56:05
Very good. Alright.
56:05
Last one by hot aucoin Hollow coin says I give The memes a
56:09
comeback country, documentary share, very nice.
56:12
That's out to Mike Shannon. Yeah, exactly.
56:14
Anyways, Opti we got a soft release today.
56:17
Let's check it out. Bitcoin.
56:20
Software release. Beautiful guys.
56:26
Okay, so today's software release, I am getting lost in
56:31
all these these, these screens, but block, stream release their
56:35
firmware update for their block stream, Jade update 0.1 .38, and
56:41
the reason I wanted to bring this one up today is because
56:43
they're adding the compact C, 2q ours.
56:45
And I'm a huge fan of seed signer and so more of you
56:49
Bitcoin companies out there with wallets that are capable of
56:52
doing this. I think you should Add this
56:54
feature because it's simple and it makes the process of you
57:00
know, backing up your wallet and and you know, doing what you
57:02
need to do, just way more simple and I'm just a huge fan of the
57:05
QR. Hence, why?
57:06
I want to continue to spread that signalman.
57:08
We need more free more, QR codes out there because it again, we
57:13
need to make this as simple as possible for people.
57:15
And I really think that that's one of the best ways Ali, I want
57:18
to give. Also, we missed out some people.
57:19
Yellow says he gives the memes Matt's proof-of-work.
57:23
Becca says I give The means of watermelon, Jeff says, a
57:27
Christine lagarde's toothbrush. Left behind a top teaspoon and
57:31
VCC pin says I give those memes ratings Acorn.
57:34
Anyways, guys, also check out the audio version of this show
57:38
Opti. Why don't you tell them where
57:39
they can pass? Yes.
57:39
Yes, guys, we are on anchor. We are on Spotify.
57:42
We are on Apple, and if you love what we're doing here, we are a
57:45
part of the value for Value economy on Fountain and you can
57:47
stream of some SATs. You can clip us.
57:50
We have a lot of good Clips coming through.
57:52
I we love them. We'll have to At this on.
57:54
We got to get him on the show, bro.
57:56
We got to get those those comments on the show and yellow.
57:59
Hey, I'm sorry, I don't know what I did, bro.
58:02
Cool. And I don't want war, bro.
58:04
I don't worry. I just want to give a shout-out
58:06
to our awesome clothing sponsor. I see the last four that you
58:09
can. You guys like each other, boy?
58:10
The threads Opti, show the back, show the back.
58:12
You see that that's only a representative d.com.
58:15
That's the orange pill. Yes, they're bitcoiners over
58:19
there. You can take advantage of the
58:20
promo, code down below to get a 10% discount off.
58:23
Represent LTD.com they make hoodies shirts, Bitcoin stuff.
58:29
I like, the camo stuff makes me feel good.
58:32
If you see me in airport, I'm wearing it.
58:33
Not because they pay me but because it's comfy AF.
58:36
Check out represent LTD.com. Alright guys, that was our show.
58:40
We really appreciate it. We are streaming live from the
58:44
Bitcoin conference floor. So shout out to them for
58:48
allowing us to do that. We're at the simply Bitcoin
58:50
Booth. If you're here come stop by, you
58:52
know, maybe we'll get you. The show tomorrow, we really
58:55
appreciate all you guys for tuning in.
58:57
If you enjoyed the show, you know what to do?
58:59
Smash that like button, subscribe, and share the video,
59:03
get the orange pill or get the Bitcoin Revolution out there.
59:06
Remember. This is a Grassroots movement.
59:08
At the end of the day. We love you all.
59:10
We will see you tomorrow for a brand new episode of Simply
59:13
Bitcoin will be once again streaming from the Bitcoin
59:17
conference. See y'all later.
59:57
I'm talk with us on the show again because we do have a lot
1:00:00
of friends over here. Hanging out with us, we were
1:00:02
having a good time with Mike before the show the show
1:00:05
started. We were kinda making fun of
1:00:07
Nico. He didn't sleep too well last
1:00:09
night he's a little cranky and we were trying to lighten the
1:00:15
mood up but let me look around me.
1:00:18
Let me look around me. Of course guys.
1:00:21
You guys can come up here, add some sauce.
1:00:23
I hope you guys like the show. I know the audio is a little
1:00:26
weird because Of all the background noise and all that
1:00:28
good stuff. But if you're here, if you
1:00:32
happen to be here and you're listening on Twitter spaces,
1:00:36
come hang out with us. I do have a mic.
1:00:38
I can set up another mic. Maybe we can get more people
1:00:40
talking, but in the meantime, guys, if you're in this in the
1:00:45
audience, add some sauce or house is just going to be me and
1:00:51
Nico ranting over here, so that we do not do that.
1:00:55
I mean we are we are Are in person for the first well,
1:00:58
second time second time. But first time yesterday was it
1:01:02
yesterday? Oh yeah.
1:01:03
Was it because so fried over here, too.
1:01:06
I didn't sleep well last night, I did not sleep well last night.
1:01:11
I'm gonna get a nice sleep tonight.
1:01:12
Amazing. But man, look, I think I think
1:01:17
we should just we should just rip a little more until I get
1:01:20
some friends to come back around on just all the crazy news
1:01:22
that's happening and you know like we say it all the time on
1:01:26
the Show that we are in the then they fight you stage and now
1:01:30
that we have all the crazy, crazy news coming out, it didn't
1:01:36
even end the stream. No way, it's going.
1:01:38
We're well, I'm still going. We're going no way, we're going.
1:01:43
Wow, okay. Hello everyone on YouTube.
1:01:46
I guess we are still alive. Let's see.
1:01:49
If let me, let me jump back in the YouTube chat.
1:01:51
The restream chat. On that note yellow.
1:01:57
I don't know what I did to make you angry, but apparent know.
1:02:00
We read his chat. Yeah, but he said it doesn't
1:02:02
matter. This is still warm, no yellow
1:02:05
yellows and and make one. He know what he's upset because
1:02:09
I didn't read it. No, because I left and he didn't
1:02:12
have anyone to bother me. He didn't have anyone to bother.
1:02:14
So he stayed yellow has been at my house for five months out.
1:02:19
He needs a babysitter. I see, I see ya.
1:02:21
Now, there's no Peters, no one stock in the fridge.
1:02:24
So I don't have to. I don't have these We'll still
1:02:27
have this in our text article are amazing.
1:02:33
Oh man. All right, well, this is going
1:02:35
to be an extra long. She'll apparently, guys, we are
1:02:38
live from the Bitcoin mining conference.
1:02:40
As you guys can see, we have the simply Bitcoin Banner over here
1:02:45
and we're just going to Folsom edit.
1:02:47
Apparently, I don't know what did it.
1:02:49
Can we stream for two hours on YouTube?
1:02:51
I don't even know. Yeah, we totally can, we totally
1:02:53
can amazing. Alright.
1:02:55
Well, what does show? What else?
1:02:58
I'm gonna get comfy because if we're going to do this a long
1:03:01
time, Long guys, if you're in the spaces on Twitter, come back
1:03:08
to YouTube, apparently forgot to stop it.
1:03:12
Oh my god. Wow, dude.
1:03:14
Okay, let's get back to the signal.
1:03:16
Yeah, let's get crazy shit, dude, it's fucking nuts, man.
1:03:21
Like, what do you think is going to be a couple months from now,
1:03:25
dude? It's going to get so fucking
1:03:27
dirty. They're just gonna say like you
1:03:29
can't you guys can't take self custody because you're going to
1:03:31
send it to Russians like that's that's literally what they're
1:03:33
going to say, bro. Yeah, the low-hanging fruit
1:03:36
inevitable, North Koreans, Iran. Russia.
1:03:40
You know, I'll bitcoiners are criminals now because we have at
1:03:43
this money that can't be stopped at is out of their control and
1:03:48
they are freaking out. It's that they're scared me and
1:03:50
you know like there's a scared man, they're absolutely
1:03:53
terrified and it's it is it's really sad though.
1:03:58
Like the the Biden is that that we covered today on the CB See
1:04:02
doing it underhand. You know, I am an American
1:04:05
immigrant. I am also me and Nico are both
1:04:08
first-generation Americans and I almost like, hey, I don't want
1:04:14
to say this, but it does feel like we've been sold a bad bag
1:04:18
and, you know, like they lied to us.
1:04:21
Like they told us that we are the land of the free and Home of
1:04:24
the Brave and now it's becoming the complete opposite.
1:04:27
It's what Nico says all the time about the sovereign individual
1:04:30
thesis playing out in real time, And if we don't fight this crazy
1:04:37
stuff like it might be worse to be in America than any other
1:04:41
place. Like Nica jokingly says it all
1:04:43
the time like is this time for us to go to El Salvador and man
1:04:47
it does seem like El Salvador is not only Bitcoin country but why
1:04:53
one of the freest places right now you know like Latin America
1:04:56
is totally different different vibe than America and it is very
1:05:00
fitting though the memetics El Salvador, the Savior being the
1:05:05
first one you take Bitcoin. It's just, it's crazy.
1:05:08
Like it sometimes, you know, you can't write a better script, but
1:05:12
then reality life is Stranger Than Fiction.
1:05:15
Absolutely crazy. Wow guys.
1:05:19
All right, so we had some extra time on YouTube.
1:05:21
I'm going to end the stream. Love you guys, we're gonna
1:05:24
continue it.