Latest / Simply Bitcoin / How the US Government Plans to Censor Bitcoin | EP 720

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How the US Government Plans to Censor Bitcoin | EP 720 · Simply Bitcoin

0:12
Yeah welcome to another episode of Simply Bitcoin live or number
0:15
one source for the peaceful Bitcoin revolution occurred.
0:17
Breaking news culture medic Warfare.
0:19
We will be your guide through the separation of money and
0:22
state and make no mistake. That's exactly what we are
0:25
living through nowadays, Elizabeth Warren, the ante
0:28
Bitcoin, Senator. She's really like holding the
0:32
flag. Like she is representing the we
0:34
always say this right there. The it's not left versus right.
0:37
It's not great, it's not red versus blue, it's green verse
0:41
Orange. She is the the figurehead of the
0:45
green party, the Fiat party, the party.
0:48
That wants to force you. The individual to use a money
0:52
that steals from you. So we're going to talk about a
0:54
little bit some about some of her talking points that she
0:57
brought up recently. Basically saying that Bitcoin
1:00
mining is making your energy bill, more expensive, your
1:05
electricity bill, more expensive.
1:07
We're going to go through that, you know you're gonna go through
1:09
that willing to see if that's true.
1:11
We're also going to focus on pretty big committee today being
1:16
held specifically the house Financial Services committee
1:19
which is now gop-controlled is basically interviewing Gary
1:24
Gensler. We have a clip from that and
1:26
we're also going to read you the letter which kind of summarizes
1:29
the things and topics that are being talked about and talked
1:33
about. So there's some live clips that
1:34
have been dropping on Twitter, unfortunately, that's during the
1:36
show, but we're going to try to cover it all also during the
1:40
culture segment, We brought some awesome guests on today from
1:45
Bitcoin Bay live, they throw which is very important, right?
1:48
This is a separation of money and state.
1:50
We have to be winning the hearts and minds of individuals.
1:53
That's what it's all about. That's exactly what these
1:56
gentlemen do. So they're part of Bitcoin Bay
1:58
live and they do Bitcoin educational event.
2:01
So very excited to talk about that during the culture segment.
2:04
But before we start the show, when I bring up my legendary
2:06
co-host, always optimistic. How's the optimism level today?
2:10
Opti 13. We're going to go at 21-21.
2:15
Whoa, I feel good. Wow, often get I told you this
2:18
morning, I I slept in an extra hour, the past two days.
2:22
So I'm well-rested right now. I am ready to get on the mission
2:26
and spread the orange signal, which you guys.
2:29
So, hey man. Awesome.
2:31
Awesome day and I was sitting there, I'm not going to lie, it
2:34
was the most boring thing. I've probably been a part of
2:36
this morning listening to this Gary Gensler hearing but hey I
2:40
did it for you guys. Guys.
2:43
Oh man, it was brutal. Do you do for the culture?
2:46
Again I did it for the culture, bro.
2:47
It was rough. I'm not gonna lie, Opti takes it
2:49
for the team all the time, all the time, all the time,
2:52
objective-c. I watch the DMV hearing from you
2:57
guys as well. All right, everybody before we
3:02
start the show off these losing it.
3:05
I want to bring up our awesome. Awesome guests.
3:07
We have when we have Wesley, how you doing Wesley, girl?
3:11
Well, how are you guys happy to have you on the show?
3:14
And of course Fabio Fabio how you doing, buddy?
3:16
Good, how are you? Good man, happy to have you on
3:19
the show. Alright everybody, let's start
3:21
the show, let's make no more delay.
3:23
Let's do this. Let's jump right into numbers.
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Let's do it. The Bitcoin numbers brought to
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All right, everybody else. I want to tell you about the
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biggest. An conference on the face of the
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Earth Bitcoin 2023, it is literally coming up in less than
4:04
a month. Get your tickets quickly before
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the prices go up. Miami Beach, Florida.
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May 18th through the 20th 2023. You definitely don't want to
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miss the biggest Bitcoin celebration on Earth.
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Bitcoin 2023 coming up in less than a month.
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Let's go through some of the speaker list.
4:22
We have Arthur. Hays, Michael Lewis author of
4:26
The Big Short Moneyball, We have the Chad Michaels sailor.
4:30
We have Jack mahler's, Adam back, Stacy, Herbert, and many,
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many more I see Beauty on on their BTC sessions.
4:36
Greg Faust, Caitlin Long CK. There's many, many other
4:40
bitcoiners Opti, and I are going to be holding it down on the
4:43
analyst desk. Let's check out some of the
4:45
panels that are going to be hosted because they look
4:48
absolutely lit. I love the name of this one.
4:50
It's called Bitcoin Energy Systems and the state it's going
4:53
to be with Lynn, Alden and Natalie, smolenski.
4:56
We had her recently. We've had we've I've had them
4:58
both on simply Bitcoin IRL but we had recently, not only
5:02
smolinski on simply Bitcoin IRL and holy cow, is she so
5:06
incredibly smart and articulate? I mean, they both are, but from
5:11
the political sense, Natalie smolinski there's something
5:14
there and you know, that was that was a really good
5:16
experience for me. Super blessed to have her on the
5:18
show and then of course we have Arthur Hays, Michael Lewis.
5:21
They're doing a panel together and more importantly, not more
5:26
importantly, I think it's equally as Pour Le Alex
5:29
gladstein Bitcoin verse the IMF. And we have a panel just called
5:33
yellow from Jack mahler's, which is very fitting to usually how
5:37
he approaches things. Anyways, no more delay at the
5:40
time of recording, the Bitcoin prices thirty thousand, two
5:42
hundred fifty, five cents per dollar 3306 block height 785
5:47
thousand, nine hundred eighty eight reachable, Bitcoin node,
5:49
seventeen thousand ninety six, blocks to having fifty four
5:53
thousand twelve having estimate April, 20 at 20 24, total
5:57
lightning Network, Capacity, 5456, Bitcoin, capacity value,
6:02
165 million. U.s. dollars realized monetary
6:07
inflation 1.76 percent. And the total market
6:11
capitalization of Bitcoin, five hundred eighty, five billion
6:15
dollars. Anyways, I want to talk about
6:17
this which is actually something that simply Bitcoin has called
6:20
out in the past, right? Which is the weaponization of
6:24
the u.s. dollar is going to force other countries to The
6:28
Alternatives. And that's exactly what is
6:31
happening, as of late now. But what's interesting about
6:33
this is that now the treasury secretary Janet Yellen is
6:37
pointing this out. I mean something that was so
6:40
incredibly obvious, she's pointing it out and she's
6:42
realizing it if a country has the privilege of being the world
6:46
Reserve currency, meaning, most countries are using US dollars
6:50
to transact. Could you imagine being so how
6:54
do I put this nicely? So naive to think that You can
6:58
use that privilege, you can weaponize that that weaponize,
7:01
that power for political means and the process people not
7:06
choosing to opt out of the u.s. dollar to seek an alternative.
7:09
Like it's just like, wasting this privilege.
7:11
And this is a privilege that Americans benefit tremendously
7:14
because the US has this unique ability, like Europe kind of has
7:18
it Switzerland. Kind of has it as well, but it
7:20
specifically us where they could print this tremendous amount of
7:23
money and not cause hyperinflation like Argentina
7:27
and politician just Honored it because they weaponize that they
7:30
use that Monopoly, that Monopoly on money, that privilege that
7:34
having this awesome power of global Reserve currency and they
7:37
weaponized, they weaponize the money.
7:39
But, anyways, you're the interesting quotes from Janet
7:41
Yellen herself. Quote, there's a risk when we
7:44
use Financial saktia, sanctions that there are linked to the
7:47
role that are linked to the role of the dollar that over time, it
7:49
could undermine the hegemony of the dollar, huh?
7:53
But it's just funny that she's saying these comments when you
7:57
have you know, Press releases from the brics Nations.
8:00
You have Russia and China Russia specifically saying, hey, we're
8:03
going to use, you know, the Juwan as an alternative
8:06
currency. Anyways, goes on to say quote,
8:08
of course, it does. Create a desire on the part of
8:11
China of Russia of Iran to find an alternative quote, but the
8:15
dollar is used as a global currency for reasons that are
8:18
not easy for other countries to find an alternative with the
8:20
same properties. That was the case until Bitcoin
8:24
came along, which leads me to the next thing that I want to
8:26
talk about. Anyways, quote.
8:29
The robust US, capital markets and rule of law are quote are
8:32
essential in a currency that is going to be used globally for
8:35
transactions quote. And we haven't seen any other
8:38
country that has the basic Financial infrastructure that
8:41
would enable its currency to serve the world like this.
8:44
I mean that was until Bitcoin which Bitcoin completely
8:47
obsoletes, you know these these these laws that are politically
8:52
based right now that you have rules without rulers right now
8:56
that you have a currency that does not Not care where you're
8:59
from, what country you happen to be born in, you know, you can
9:04
use it that doesn't, the Russia could use it.
9:06
Iran could use it, Venezuelans could use it.
9:09
So it's like, you know, it's just funny, it's like we
9:12
weaponize the dollar now, people are seeking Alternatives.
9:14
Oh man, this this could be bad, still the US Dollars.
9:17
The only one that you know, is the only country that is the US
9:20
Dollars. Only currency that is best
9:22
suited for these International transactions.
9:25
That was until Bitcoin comes along and make no mistake.
9:28
People are noticing, this is a bitcoin news tweets.
9:32
That led me to dig a little bit deeper into it, and basically
9:36
was a retweet by Lynn, Alden and Lynn.
9:39
Alden was talking about this person Corral house.
9:43
Let's take a look at what she had to say.
9:46
This is a linear, I think is a Dominus tweet by your nostrils.
9:51
It's a Noster post by Lynn. She said at a small Princeton
9:54
event last week among other panels and speeches curl house.
9:58
Spoke about censoring Bitcoin. She's the former director of
10:01
cyber security for the White House National Security Council
10:04
and prior to that was at fincen, focusing on cryptocurrencies and
10:08
prior to that was in the military, some of her main
10:10
points, energy-related regulation, may push some hash
10:14
rate outside the US where, as she would rather see more of it
10:17
in the US so that they could force miners to censor.
10:20
The network on the base layer, she also views International
10:23
cooperation as a necessary component for successful
10:26
censorship. She also The once takers to be
10:29
forced to censor their proof of stake networks.
10:31
And that's the thing, they're already doing that.
10:35
And that's the, that's the, you know, that's the weakness of
10:38
proof of stake. We already know that after
10:40
etherium migrated to proof of stake.
10:43
We know that the vast majority of aetherium.
10:46
Validators, arse takers are actively already censoring for
10:49
the office of foreign assets control, that's a whole
10:52
different ballgame for proof of work and, you know, that sucks
10:56
for this, you know, for this this This lady named Carol
10:59
because now Russia, which happens to be an opponent of the
11:03
US politically at the moment. Just became the second world.
11:07
The second largest Bitcoin miner in the world, right, which I
11:11
think highlights the fact of the advantages of the proof of work
11:16
system. Anyways, it goes on to say it's
11:18
not just about telling miners not to mine certain transactions
11:22
but to not even build a top blocks that have non-compliant
11:26
transactions so that those trends Actions.
11:28
Don't get anywhere in the chain, so she's basically advocating
11:31
for a fork, right? A 51% attack.
11:34
In other words, her main concern is censoring, States, like North
11:38
Korea from being able to participate in the network.
11:40
Now, North Korea is an interesting red herring because
11:43
North Korea was also the reasoning, the justification
11:46
that the treasury used to sanction.
11:50
The open-source the, the open source software.
11:53
Tornado cash. Right?
11:54
Which set a precedent, they were sanctioning for the first time
11:58
In American history. Sanctioning open source
12:01
software, right? So you I hope you guys are
12:03
connecting the dots of which where this is going.
12:05
Anyways. It goes on to say, the event was
12:07
interesting because there was several very difficult
12:10
perspectives on one hand. There was Roy, man boob talking
12:14
about using Bitcoin in Afghanistan followed by Troy
12:16
cross. Craig Warmack and Natalie,
12:19
smolenski talking about the importance of Bitcoin, from an
12:22
ethical perspective. On the other hand, there was
12:24
panels about board, apes and speeches about how to censor.
12:28
Networks. Right, very interesting how this
12:30
all went about. But dude, I mean, look, I think
12:33
this highlights, this specifically highlights the
12:37
importance of a proof of work system of a decentralized
12:40
system, which makes it incredibly difficult for people
12:43
like Carol and other members of the administrative State.
12:46
Some people called The Deep state, right in their hopes to
12:49
censor Bitcoin, to make Bitcoin and extension of the current
12:52
exclusionary Financial system that basically picks and choose,
12:56
who's entitled to use. Is money based on the place they
13:00
happen to be born in, right? So it's just interesting how
13:03
this is playing out. Make no mistake, you are again
13:05
witnessing the separation of money and state.
13:07
You have a front-row seat to this.
13:09
You're witnessing it firsthand, you're watching it and you're
13:12
watching the state fight back, you know?
13:14
So we we have to control the money because if we don't
13:18
control the money you know, dangerous terrorism a ky caml,
13:22
criminals all this stuff so I mean look it's just interesting.
13:26
I don't think they'll be able to be successful.
13:28
Ask for with doing this to bitcoin.
13:30
But this is another reason why I think it's also a danger of
13:34
having the hash rate located, specifically only in one country
13:38
and in that one country specifically in Texas, a huge
13:41
portion of the global Bitcoin hash rate is located in Texas.
13:45
We know that marathon of released the the, the the mayor,
13:49
which controls the marrow pool. Basically released a, you know,
13:53
got major push back with from the community and apparently
13:56
they walked it back. If you were a Trust them, but
13:58
they basically released an ofac compliant manner of pool would
14:03
be censoring transactions for the office of foreign assets
14:05
control but I mean we all know that doesn't work.
14:08
Like we, it doesn't work like unless they censor every single
14:11
Bitcoin Transit. I look, unless they get every
14:13
mining pool to cooperate, which I think is going to be greatly
14:16
diminished. When stratum V2 also comes out
14:18
as well, you know, you're not going to be able to censor a
14:22
transaction. What you're going to be able to
14:23
do is you're gonna be able to slow certain transactions from
14:26
being added to the block. But you know, to the blockchain
14:30
but I mean look what's interesting though is, I think
14:33
she's aware of that and what her response was basically.
14:36
Hey, you know, this is why we have to stop building on blocks
14:41
that are, you know, not ofac compliance.
14:44
Not, you know, sanctioned to prove which, you know, would
14:46
Fork Bitcoin, right? Which is really interesting.
14:49
So there would be a you know, off AC compliant Fork of
14:53
Bitcoin. And then there would be the real
14:55
Bitcoin, you know, like this is so interesting.
14:58
This is playing out the game theory and you know, we have
15:00
proof of work in the comments, says good luck, sanctioning open
15:04
source software. Like you know, this is this is
15:06
just so interesting. But you know, this is what the
15:09
sovereign individual was talking about about heading into the
15:12
information age. You're watching these old
15:15
archaic institutions that have been used to having this
15:18
Monopoly on information used to having this Monopoly on money
15:22
and they want to be able to continue to keep those
15:25
monopolies and they're just witnessed witnessing.
15:27
It just So slowly seeping through their hands and they
15:30
don't know what to do. They don't know how to stop the
15:32
honey badger, but that doesn't mean that they're not going to
15:34
try anyways. Before I pass it on to optio.
15:36
Want to get Wesley's. Point of view.
15:38
What's your? Take on all this man.
15:39
Specifically someone in your case being a Bitcoin educator.
15:45
Yeah I mean it's kind of boiled down to everyone's like oh what
15:48
about this? What about that?
15:49
I'm just like coming. Unplug it, I have three nodes
15:52
and three different buildings. I have Bitcoin miners in
15:54
different locations. I'm putting those in people's
15:57
houses. Like like, like proof-of-work
16:00
said, you know, like, good luck since our open source software,
16:03
people don't see this kind of storm clouds Brewing.
16:08
Still somehow, you know, we all do, we're in this Echo chamber
16:10
together, but we talk to normal people and, you know, they don't
16:16
even understand. You know, like, oh, and how do I
16:18
get a Bitcoin? I'm like, well, you download an
16:20
app on your phone, like, everything else?
16:22
It's okay. You know, so, like it's it gets
16:25
complicated for us because, you know, we like to You know, keep
16:29
going and going and going in there out a whole.
16:31
But these simple, these simple tools that I keep that I keep
16:34
coming out, it's the Genies out of the bottle, you know?
16:37
I mean they're going to have to literally come to every single
16:40
person's house. I mean the best thing they could
16:41
do is probably move stuff from the App Store but even then we
16:44
have apks you know there's really not much of them to do,
16:49
you know, people are worried about the regulatory uncertainty
16:54
because I do I want to things I get off every now and then is
16:56
what if they make it illegal. And I'm like, I've watched you
16:59
smoke weed for the past five years, you know.
17:02
Like how it seems like really care if things are illegal, you
17:08
know. So it's just the the friction of
17:12
using Bitcoin is decreasing and the friction of using the
17:15
current system is increasing and there's going to be like that
17:18
point where it gets close enough.
17:19
That, that spark or activation energy required to make that
17:23
leap is going to come. And I think that's when we see
17:25
kind of next wave. Yeah, yeah, 100%.
17:28
And one of the things that I tweeted, you know, before we
17:31
started the show, is the next cycle, right?
17:34
That, you know, the Fiat propagandist, right?
17:36
I love how Opti calls a financial times.
17:39
The Fiat times, they're going to have a hard time covering and,
17:43
you know, spinning the narrative because both named bouquet lay
17:47
on the nation state level and Michael sailor on the public
17:49
company level are going to be both been Vindicated that point
17:53
there. It's basically going to be
17:54
impossible to say that. Coin is not a viable,
17:59
alternative to Fiat currencies, it's going to be so incredibly
18:03
obvious for everybody and I suspect other nations States and
18:07
other public companies are going to follow suit and at least
18:10
attempt to put Bitcoin, on their balance sheet.
18:13
Anyways Fabio what's your take on this?
18:15
And then we'll move on to Opti. I mean I think it's an
18:20
interesting angle that they're taking right?
18:23
Because we've seen China that just outright banned it and
18:26
obviously That didn't work and it just moved to a different
18:29
country. So we've seen exactly what
18:31
happens when they try to ban it but I think inviting these you
18:35
know big public miners into then basically have regulatory
18:40
capture over them is is definitely something that it
18:43
would shake up Bitcoin for the short term but we all know
18:47
long-term that it transactions will go through miners will
18:52
leave the network but it would certainly put the public minors
18:55
in a tough spot there. Where they would have to start
18:59
looking at alternatives on moving their operations to
19:03
states that you know, don't force this type of regulatory
19:08
sanctions on it or, you know, other countries altogether.
19:12
So I definitely think it's it's an interesting angle that
19:16
they're definitely going to try right.
19:18
Usually, there's a politicians in charge, they like to announce
19:22
what they're trying to do. You know, several years in
19:24
advance or even in months in advance So, this is coming down
19:28
the pipeline but it's something that you mentioned with stratum
19:31
V2 and minors elsewhere, right? It if they if these public
19:37
miners decide to unplug, you know, it's not a big deal,
19:40
right? Difficulty two weeks later just,
19:42
you know, ratchets down and we keep it moving Tick.
19:45
Tock next block. Exactly 100%.
19:47
That's exactly what happened with China, right?
19:49
Those those miners relocated elsewhere.
19:52
Anyways Opti we got 23 minutes in the segment.
19:55
You want to chime in brother? Yeah, yeah, jump.
19:57
Quickly. What do we say all the time here
19:58
on the show, you know, sanctions don't work.
20:00
They just hurt people and this is just the powers that be
20:04
scrambling for a control and obviously is Bitcoin.
20:06
As we know that Bitcoin just routes around everything.
20:09
So on the one hand, what do we always say again?
20:12
Like you can't ban Bitcoin, you can only ban yourself from
20:14
Bitcoin. But on a different note, I think
20:17
it is very interesting in this proof something that we've been
20:19
saying on the show for a bit and Niko summed it up in a perfect
20:23
meme. It's like do not underestimate
20:24
your enemy obviously government. Officials are not stupid and
20:28
they are actively seeking ways to control Bitcoin.
20:30
And I think this is just something that we all have to at
20:33
least keep in mind, I know as bitcoiners we say, Bitcoin will
20:36
win Bitcoin wrapped around everyone, but I think it's naive
20:39
of us bitcoiners to just think that government officials are
20:42
stupid and they aren't actively trying to figure out how to
20:46
contain Bitcoin or, you know, put the put the cap back into
20:50
the bag. But hey, we've seen this play
20:52
out before in the past, you know, trying to try to ban
20:55
Bitcoin didn't work. So I would like, I said, all the
20:59
time I'd love to see a politician or a Government tried
21:02
to ban Bitcoin because not only will it show us exactly what
21:05
their intentions are. But it'll just kind of put a
21:08
fire under all the bitcoiners asses and we will mobilize and
21:11
just continue this to win. So, hey, what do we say?
21:15
We are in the then they fight you stage.
21:17
So I think it'd be naive for everyone to just kind of stick
21:19
their head in the sand and be like, oh, they're stupid.
21:21
They need to learn better. No, I'm pretty sure there's some
21:24
smart people that are trying to figure out ways to Control this,
21:27
obviously, they're gonna have a hard time doing that, but, hey,
21:30
it's something we got to be aware of 100%.
21:33
Alright everybody, let's get to the news.
21:35
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specifically. Anyways, moving on to what I
23:13
wanted to talk about today which is the financial the house
23:18
Financial Services committee led by chairman Patrick McHenry sent
23:23
a letter to the Securities Exchange Commission.
23:26
Sure. Gary chair Gary Gensler he's
23:29
actually testifying right now in front of the committee and a lot
23:33
of bitcoiners are pulling Clips but was really interesting in
23:37
the one that I want to play. You guys before I read you, the
23:39
letter is where they ask them. Blatantly they said, hey, mr.
23:44
Gensler or chairman Gensler. Why what?
23:46
Uh, what, you know, what? What should coins are
23:50
securities? And what, you know, what is
23:52
bitcoin? Because you've come out publicly
23:54
to say only Bitcoin is a security?
23:56
Could you admit that ethereum is security and take a look at his
24:00
response but not only take a look at his response.
24:03
Take a look at his Antics, his body language and how
24:06
uncomfortable this question. May Adam feel.
24:08
Anyways as check out the clip and then we'll read the letter
24:10
below the man. I'm asking you're sitting in
24:13
your chair. Now to make an assessment under
24:16
the laws as exist is either a commodity or a security.
24:22
Without speaking to any wine, I know you can repeatedly Savvy
24:26
and I can speak to anyone except you've spoken to one Bitcoin.
24:34
Yeah, so just interesting how that works, right, anyways.
24:40
So let's get, let's kind of read this letter and it kind of
24:42
explains like what the reasoning was behind this committee.
24:46
And also shout out to, you know, that representative with that
24:50
question and just basically catching Gary Gensler dead to
24:54
rights. And he said, anyways it says we
24:56
write regarding the scc's approach to the digital asset
24:59
ecosystem. Under your tennis shoe tenure to
25:02
date. The SEC has forced digital Set
25:04
Market participants into regulatory Frameworks that are
25:06
neither compatible with the underlying technology nor
25:09
applicable because the firm's activities, do not involve an
25:12
offering of Securities both approaches hampered the digital
25:16
assets. Ecosystem ability to realize the
25:18
unique benefits of the new technologies offers which harms
25:21
consumers investors and the economy as a.
25:24
Whole quote as chair, you have acknowledged, that digital
25:27
digital asset. Trading platforms, do not
25:29
perfectly fit under existing laws and regulations.
25:32
You have been outspoken in your For digital asset, trading
25:35
platforms to come in and register under the national
25:38
Securities. Exchange framework.
25:40
Yet, at the same time, you have failed to provide a path that
25:42
allows digital asset trading platforms to register.
25:46
As you know many, digital assets are developed for the purpose of
25:49
being used within a developer developing system and are
25:52
capable of being used in non Securities.
25:54
Transactions and are meant to be consumed and used in the
25:57
protocol for which it is designed existing relegate
26:00
regulations, under the NSE framework.
26:04
Do not contemplate features. Quote, given an nnse can only
26:09
list accurate. He's that have been offered in
26:11
compliance with the Securities Law.
26:13
The inability to register make the current NSC framework
26:16
ill-suited for digital asset trading platforms.
26:19
Moreover, the lack of clarity provided by the SEC as to what
26:22
digital assets are considered securities also limits.
26:26
When an as n SC can list, it is not clear.
26:29
Whether NSC could listen on security assets, even if such
26:33
assets Otherwise in compliance with the law without clear rules
26:37
of the road, your push, for firms to come in and register as
26:40
a will misrepresentation of the scc's non-existent registration
26:44
process. The only entity to blame for the
26:47
lack of registers registrants is the SCC itself.
26:51
The SEC could take this opportunity to work with
26:54
Congress to ensure. Innovators and investors have
26:57
the regulatory Clarity and protections that they deserve
27:00
quote. We look forward to our we look
27:03
forward to you our discussion on these critical issues and now
27:06
there's a couple things like put the SEC aside.
27:09
Right. Why hasn't a Bitcoin ETF or a
27:12
spot ETF? Been approved?
27:14
That's a very good question and it's interesting because the
27:17
actions of the SEC are also kind of cold lined with the tent with
27:23
the with the strategy from the Biden Administration to kind of
27:27
have a down the industry to slow down the industry too slow to
27:31
isolate the industry from the traditional Financial Dump.
27:34
So, is that an incentive behind the fcc's recent moves?
27:38
We know that they, for example, they approved Futures.
27:42
We know that Futures have been used to manipulate the gold
27:45
market for decades now for years, right?
27:47
And it's curious that they've approved Futures but they
27:50
haven't approved as a spot Bitcoin ETF.
27:53
So it's just interesting are they you know playing are they
27:56
working in conjunction with the administration to try to slow
27:59
down the adoption of Bitcoin? What's going on here?
28:03
And then In regards to the clear regulations right?
28:07
The clear strategies here that has had real that has real.
28:11
That has had real-life consequences.
28:14
It has forced a lot of shit, coin exchanges overseas, it has
28:18
caused uncertainty in a lot in. For example, the packs will CEO
28:23
resigned today. One of the reasons was that he
28:26
was spending a huge portion of his company's cash flow on just
28:31
Regulatory Compliance. Regular a Regulatory Compliance
28:35
alone, right? So you know, it's clear, it's
28:38
clear. It's not, you know, you know
28:40
clean-cut what is going on here, what the regulations are and my
28:44
suspicion. The reason as to why that is, is
28:47
it benefits them for it being opaque, right?
28:51
It forces countries to go overseas.
28:54
It just came out today. That Brian Armstrong CEO, of
28:56
coinbase was saying hey if the regulatory, you know, situation
29:01
continues to go down here in the US.
29:04
Us would just going to abandon the u.s. altogether and relocate
29:06
overseas bitrex. Made that announcement recently
29:09
as well. Right?
29:10
As bitcoiners. Obviously, we're not fans of
29:12
these shit coin casinos, right? But you know after they get rid
29:15
of the shit coin casinos, what do you think they're going to do
29:17
after they're going to go and focus on bitcoin companies,
29:20
right? The bind Administration made it
29:22
very, very clear that their vision for what the future of
29:26
money. And payments is is stable coins,
29:29
a payment platforms and Central Bank, digital currencies they do
29:33
not Mention Bitcoin in those reports whatsoever and in the in
29:38
the and in the presidential economic quarterly report, they
29:44
dedicated 20 entire pages to basically saying making the case
29:48
as to why Central Bank digital currencies are necessary, why a
29:52
state is necessary for currency and as to why, you know,
29:56
something like Bitcoin will never be seen as a currency,
29:59
right? So I wonder if that has played.
30:02
If that has You insist a lot of Gary Gensler is decisions.
30:07
A truthfully honestly, with the wording of how he has described
30:10
Bitcoin in a lot of his articles and how he said that Bitcoin is
30:15
different from the rest. I truly believe that Gary
30:18
Gensler might be a closeted Bitcoin.
30:20
ER, but you know I think that it talk is cheap actions are what
30:26
would actually cost something and his actions.
30:29
You know, I would say they've they he hasn't really you
30:32
couldn't make the argument that he has made.
30:34
Good decisions, right? So let's see what the, you know,
30:38
what the Fallout of this committee is, you know, what
30:42
happens, what goes from here? What happens from here, but it's
30:46
just interesting to see how this has plane how this has played
30:49
out so far. And the thing that just gets
30:53
stuck in my mind is, you know, he does say that Bitcoin is not
30:57
security everything else to security, but when they asked
30:59
him point-blank on camera, he doesn't have the nerve to answer
31:04
that. Question, he starts shaking a
31:05
little bit like you could tell like he was a, you know, he was
31:08
caught flat-footed there, right, which I think is really, really,
31:11
really interesting. Anyways, before I pass it on to
31:14
our guest. Optimum to start with you first.
31:16
What's your take on this brother?
31:17
What's going on here? Yeah.
31:19
Well, I'm glad you brought it up for the audio listeners against
31:23
Lee was literally shaking trying to answer that question, but he
31:26
did later say not in that in that, you know, back and forth
31:29
that we showed in the video he did later.
31:31
Say that if there's a group of entrepreneurs in the middle, The
31:34
public relies on the profit off of it's a security so he
31:37
wouldn't answer directly that Ethan was a security but he
31:41
basically answered it behind the scenes, you know, like we what
31:46
have I been saying for a minute? I would not want to be holding a
31:48
shit coin right now. And obviously we're not a fan of
31:51
the government regulations and Regulatory crackdowns and we
31:54
want to see Bitcoin went on a free market, but this is
31:57
something that has bitcoiners have been saying for four
31:59
decade. Now that this is why Bitcoin is
32:02
superior because it Don't have a small group of people that
32:05
basically pump the price up that you can crack down on and if
32:10
your shit coin isn't decentralized, then why are you
32:12
holding it? Long-term you're playing in the
32:14
shit. Coin casino, you're playing
32:15
stupid games and you will win stupid prizes.
32:18
And I mean, like we've been covering this on the show about
32:21
a teeth for a while. I'm glad that at least we have
32:24
people asking the hard questions where it matters but hey you
32:28
know as bitcoiners it like it is what it is and we'll see what
32:33
Gensler does in the future. I mean I think Nico, you kind of
32:35
laid it out very, very good against Lee knows what's going
32:38
on over here. He did a class on blockchain at
32:41
MIT so like he's not stupid. I think, I think it's it's
32:46
something on the lines of, you know, delay and obstruct so that
32:50
he can make some fees. And, and, you know, as long as
32:53
there is no Clarity on what regulation and what's a shit
32:57
coin and what's not, then they can make some money on the back
33:00
end and I mean, hey, this is my tinfoil hat moment but It does
33:04
seem like Gary, Gensler might be bought and paid for by big Banks
33:08
and you know lobbies and those things because if he is a closet
33:12
Bitcoin or he's not coming out out right and saying that
33:15
Bitcoin there's Bitcoin in their shit coin.
33:16
Which I think all of us know very clearly that there's a
33:19
fundamental difference between Bitcoin and everything else.
33:22
But again you know we're a free market Maxie's here.
33:25
We don't really want to cheer on government regulations but hey,
33:29
it Corners have been warning about this for a long time.
33:32
There's Bitcoin and their shit coins and Is why we tell you
33:34
guys consistently to hold Bitcoin because there's a
33:37
fundamental difference. Yeah, 100%.
33:40
All right, I'm going to ask our guest.
33:41
What's your take on? What's going on, guys?
33:45
I'll start. I'm a I think you guys both just
33:47
set it right with whether they're it's being funded by big
33:51
Banks or that Gary knows exactly what he's doing, right?
33:55
They've got to delay this process as long as possible
33:58
because their ultimate goal right?
34:00
Is this CBC CDC cut coin that they plan to launch in the near
34:06
future? And right now they're not
34:08
idiots. They see that Bitcoin is a beach
34:11
ball being held under water and they're trying to hold it under
34:14
water as long as Possible because if Gensler were to come
34:17
out, you know, in right in that interview and say, oh yeah,
34:21
they're all shit coins and Bitcoins Bitcoin and one's a
34:23
commodity in the restroom or Securities.
34:26
I mean, we would see Bitcoin start to Moon overnight and
34:29
that's a problem for them. Because like Christine Lagarde
34:33
said, you know last year, you know, we got to close off the
34:35
escape hatch, right? They don't want us only Bitcoin.
34:39
They want us to be, you know, trapped in their financial
34:42
systems. So I think what they're Years is
34:45
trying to dodge and deflect And Delay.
34:47
These decisions, as long as they can, but ultimately it's going
34:52
to end up hurting their pockets to because I mean, the banks
34:55
they want in on this, right? I mean, people want Bitcoin,
34:57
they want to hold Bitcoin, but banks are going to do
35:00
everything, they can to try to, you know, feed off their fee
35:04
system. But unfortunately, you know, I
35:07
think Gary's going to keep delay in this this response until It
35:11
ultimately ends up being somebody else's decision.
35:14
Even though it probably, You should be his.
35:17
Yeah, 100% pack your bags, boys and girls were going to the Moon
35:21
soon. All right, there we go.
35:29
Hey, yeah. Hey, yeah.
35:31
You know, I mean, just like we talked about like the middleman
35:34
entrepreneurs, making money in the middle.
35:35
I mean, that's a big thing. I've been using to explain to,
35:38
like, normal people about, why is this different than other
35:42
cryptos? And, you know, basically you can
35:43
talk about anything any we're trying to lean.
35:46
Do in Bitcoin. All the stuff was a direct
35:49
attack on the Global Financial system.
35:51
You know, it's in the headline of the first of the Genesis
35:54
block and we've seen over the past, you know, decades, what
35:59
happens to countries that try to stop using the dollar.
36:02
So if there's a head to get chopped off, like a company or,
36:06
you know, something like that, it's going to get chopped off
36:09
and there's not one for Bitcoin. People are like, oh well, who
36:11
controls Bitcoin who made it like the, it's good that we
36:15
don't know, it's good. That They can't be you know they
36:18
can't you know be indicted and tossed in jail for riding an
36:21
open source project like the tornado cash guy, you know eat
36:25
hate aside a privacy you know tool that was open sourced got
36:30
this guy thrown in jail you know think he's really still been
36:32
charged. You know I mean like we are
36:36
definitely in the end and they fight a stage.
36:38
You know like we said earlier and we have to we can't be
36:43
resting on our Laurels. You know like the hottel
36:45
mentality has kind of To go the past 45 years.
36:50
Yes, that's the thing that because we're going up and down
36:52
boys and girls, you know, it's there just hang on but now it's
36:56
time we actually have to start deploying.
36:58
You know, our Capital, some people lost a lot of money and
37:02
that you know, in the past year because if you bought it, six
37:04
thousand, you know, it's tough. But for those of us who have
37:07
been in here for a couple years, we're probably sitting on some
37:10
pretty good gains you need. We need to start deploying
37:13
those. We need to start financing the
37:14
things that we want we need to start going.
37:16
Going to businesses and giving them Bitcoin.
37:18
We need to play the planting these seeds.
37:21
Hot oil has got to go. It isn't going to get us through
37:24
this. It's not if you can huddle our
37:27
way, if you have your DC, a five second strike and then Gary
37:31
Gensler is seeing it. You know, this dude's got a
37:33
Bitcoin and a half. Where is it?
37:34
Bud. It's all in one address because
37:36
you didn't do any privacy stuff with it.
37:38
I know you have it, you know, we're hitting 60.
37:40
We're hitting the exactly where 6102 type stuff, you know, we're
37:44
going to start seizing, you know.
37:46
Bitcoin Holdings. I mean they did it with gold and
37:48
the 30s. Why wouldn't they do it again?
37:51
Yeah. Exactly.
37:53
I really do believe in. You know, I think it's been
37:55
talked about a lot, right? Which is this idea that you know
38:00
that they might try to pull a 6102 and and not might they
38:05
might you know the especially if they're in a pickle like you
38:07
know they V it was the Great Depression that basically caused
38:12
so many so much people so much pain that Quickly enough of the
38:17
population was just kind of like just enduring it so much.
38:20
They're just like you know what fine you know so be it, right?
38:24
But now the difference though between Bitcoin though is that
38:27
when you take the coin into self custody zlotys it's a lot harder
38:30
to seize, right? And that's the reality, but all
38:32
the other reality is that a lot of people are still Outsourcing
38:35
that personal responsibility, the storage of their wealth, to
38:38
custodians, to exchanges to Brokers, right?
38:41
You got to take the coin into self custody.
38:43
I think that if enough people do that specifically in the US,
38:46
that The strong Second Amendment, right?
38:49
To be very difficult for the men in suits to go door to door and
38:51
say hey give me your. Give me your, give me your
38:54
Bitcoin. I think they're able to do that
38:56
successfully with gold because gold is like know the reality of
39:01
gold is that it's extremely hard to, you know, it's extremely
39:04
hard to store large amounts because of its physical
39:07
properties is extremely heavy. It's hard to transport because
39:10
of that, right? So the Outsource a lot of that
39:13
to Banks to, you know, to these large V of which the the
39:16
government was it was able to seize very very easily, very,
39:20
very successfully, you know. So I think with Bitcoin it's a
39:22
little bit different because self custody is a lot easier but
39:27
if you are going to take self custody of your Bitcoin you got
39:30
it. Take self custody of it
39:32
properly, you can't write down your 12 word seed phrase that
39:36
you know, basically has acts that gives you access to your
39:39
generational Worth or your 24 word seed phrase, can't write it
39:42
down on paper, you got to write it down on steel, you got to put
39:45
it on steel and No better place to do it then the bit plates
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Anyways Opti it's all yours. We're going to talk about today
41:40
brother. Well we're going to talk about
41:42
our boys project here so you guys are bitcoiners down in
41:46
Tampa and you guys show me this website, Bitcoin Bay that live.
41:50
So what is your guys is Project? What is bitcoin Bay?
41:53
What are you guys trying to do? What are Goals down there in
41:56
Florida. Anyone who ever wants to take
41:58
it? I like westart.
41:59
All right. Yeah.
42:01
Well I saw also see I kind of upset a little bit of the
42:04
comment section tells about of the hot oil, replace your coin
42:07
flips, just spinning replace but you know our goal here is
42:12
education, you know. So we're starting that with our
42:15
business Workshop. This this Sunday you know we're
42:19
creating a business Network that we can you know have a trusted
42:24
Work of people, we can spend our Bitcoin and we make sure they're
42:27
not just going to sell it for dollars immediately, you know,
42:29
because if you're just going to flip my flip, my coin for
42:32
casuals hand, you my cash like I'll save you the step but, you
42:36
know, we're really trying to build a circular economy here
42:38
and it all comes down to education, you know?
42:40
So this is our first, our first, big step.
42:44
You know, we started with, you know, some just basic guides,
42:46
you know, you can see in the screen it was because I was in a
42:48
group of people and FTX was going down.
42:50
So I was just like hey like here's 10 steps to get your
42:52
coins off of an exchange and on to I just kept sending it out to
42:55
people and they're like, well, you should be getting emails for
42:57
this. You should be doing that.
42:58
I'm like, you know, I don't the heck, I'm doing, I'm just, I'm
43:00
just a bit cleaner. But after this Workshop, we're
43:03
going to start doing boot camps for middle school, high school,
43:09
and colleges and college students.
43:10
That way, every year we're getting a new crop of bitcoiners
43:13
that just keeps turning out into our community, you know, we've
43:17
got, we've got a lot of plans, you know, I don't know how.
43:19
I don't think we have enough time to really get into the
43:22
master plan here, since it's been kind of Getting developed
43:25
over over the past couple months.
43:27
But, you know, really just try to be the One-Stop shop for
43:29
Bitcoin in Tampa you know price price rips is coming back.
43:33
You know you know fake you got to kick out the be cashiers
43:36
because I hear they have a pretty big hold over there in
43:37
Orlando but you know price is going to rip eventually and the
43:42
scammers are going to come back. You know it's just the way the
43:45
markets work. So what we're trying to do is
43:47
situate ourselves you know by doing community service events
43:50
family events is in granting ourselves in our community and
43:54
being a Of members in it that way, you know, when those does
43:58
happen like look, you can come to us.
43:59
We've been doing this for a year.
44:01
You can, you know, you could your have to trust because
44:03
everyone that one makes judgment decisions based on what they
44:05
read, you know, online. But you come to us and we're
44:07
going to set you up, you know, to actually be set up well for
44:12
the future and like knock it grabbed by the crypto Bros or
44:15
whatever you know and where the business network is probably
44:19
going to be one of our most important you know things here.
44:22
I mean you can't you can't circular cone Me if I want
44:24
businesses that take it, you know.
44:27
So really trying to push the Grassroots adoption and you know
44:31
the what we've got going on with Florida and DeSantis is anti CDC
44:35
Bell. We're kind of getting primed
44:38
here in Florida. It's a really you know, kind of
44:41
be something great. You know we're also trying.
44:43
We also saw the best features in the world so maybe we turn to
44:46
the vacation spot for bitcoiners, you know, Austin can
44:48
have the techies and, you know, Nashville company culture but
44:50
you know, I won't come spend their coin here.
44:53
Yeah, Nico brought up Nash. Bill Austin.
44:55
And then it's third city was Miami and I cringe at the
44:58
thought of that because that's chicken capital of world, right?
45:01
Like we're trying to build out a circular like what West was
45:04
saying, right? A Bitcoin economy here in Tampa,
45:06
right? We've got, we've got beautiful
45:08
water. We've got beautiful, beaches
45:10
beautiful women. I mean, it's the best place on
45:12
Earth right now. And I think we need bitcoiners
45:15
here and that's really what we're going.
45:17
Our goal is right where we're trying to reach out to we know
45:20
bitcoiners live in this area, but every time they come to
45:23
their meet up there, like oh, I've Lived here for a year or so
45:25
like well, okay, thanks for finally coming by but you know
45:28
that that just tells us that we've got more work to do and it
45:31
comes to outreach and you know, ads and content and things like
45:35
that. So that's what our first event
45:37
here on Sundays trying to build out Grassroots movement and you
45:41
know, to West this point if we if we want to ultimately be in a
45:45
vacation spot for bitcoiners. If you will, they're going to
45:48
want to come down here and spend their coin, you know, locally at
45:51
hotels, at bars at, you know? Anything that they need and then
45:56
we as a community here that ends up staying you know we're not
46:00
just vacationers we need dentists and doctors and
46:03
mechanics and you know, all these these integral parts of
46:07
the community to also accept Bitcoin and not just accept it
46:11
in and then sell it, but accept it and understand, you know,
46:15
what it is, and how to hold it, and how to use it and and why
46:18
it's such a powerful tool for for a community here.
46:21
So that's really our movement. But yeah, it starts all this.
46:24
With education, trying to get people trying to have a
46:27
localized group and a website with guides and a team around
46:32
us. And, you know, some supporters
46:34
that can help, you know, help people get on their feet when it
46:37
comes to learning about this stuff because it's not easy, not
46:40
easy. How's been the response that
46:42
you've that you've received since you, since you started
46:46
this initiative. Like, what's, what's, what are
46:48
the people in Tampa? Think about Bitcoin?
46:52
Well the the normal people are normally still but the past you
46:58
know we started we started January last year you know price
47:01
was near all-time highs, frickin gas was near all-time high, so
47:06
everyone was coming price tanked we lost a lot of people but
47:09
we've been really building out a solid group since then and
47:14
especially this year we've really just like taking it to
47:17
the second geared people have been coming into our meetups,
47:19
they really know their stuff. And you know, they're active,
47:23
they're active in the industries so we've got we've got miners.
47:25
Angie consultant podcasters, you know, all sorts of like do
47:29
people work for Duke Energy, you know, like we've got people that
47:32
are around and know what they're doing and are ready to act and
47:35
are sick of just sitting around and houghtaling you know I can
47:38
see the chat is still not liking it but you know your corner if
47:41
you don't spend your Bitcoin. Sorry.
47:45
Yeah. Give it five.
47:46
Yeah. Yeah.
47:47
I think the response has been good.
47:49
I know that mean to it's been about a year.
47:51
Here, you know a little over a year since we really started
47:54
kicking this into into high gear but yeah we're starting to bring
47:58
in individuals of all different walks of life that are ready to
48:01
act. Right?
48:02
People are these sanctions are going to keep coming down the
48:06
pipeline and these, you know, Gary Gensler, security versus
48:11
commodity, like all that stuff is just going to continue to
48:13
happen. But lets you know, let's let it
48:16
happen in the background, Let It Be noise, you know, let's let's
48:19
actually move our feet and build out.
48:21
Grassroots movements. Not just, you know, in Tampa I'm
48:24
a little biased, I think it's amazing.
48:26
But, you know, all over the place you starting starting any
48:29
small town or big city that you got and just Outreach and find
48:34
other bitcoiners that are like minded because people are out
48:36
there and they want to, they want to have action but, you
48:39
know, people are human. So sometimes they need to be
48:43
kind of kicked into gear. Yeah man.
48:46
Alright, another question before he goes jumps in is, is this
48:49
meet up like always? Optional, or is it just like
48:52
Hangouts? Like, what's what's the vibe
48:54
here? What's funny?
48:55
You say that because this Thursday over and it's every
48:58
Thursday, every two weeks, we do what we have bit devs.
49:02
Where we dive kind of more into the technical.
49:05
Well, I guess every two weeks we have more of a bit devs or
49:08
Workshop where we dive into the technical or we help people,
49:11
they could bring their computers, they can bring cold
49:14
cards and will help them set it up.
49:15
We'll teach them how to, you know, Whirlpool their coin.
49:19
Will teach them how to set up lightning nodes.
49:21
You know, it's really hands-on experience and then every
49:24
Thursday in between those events.
49:27
We just host Bitcoin socials, where we just get together at a
49:30
bar, and, and talk shop, but this Thursday, randomly falls on
49:34
4/20. So, we decided to have a little
49:36
fun and we're going to, we're going to be hosting our first
49:39
lit devs, and we're going to be talking about, you know, some of
49:42
those far out, futuristic ideas of what's possible on a Bitcoin
49:47
standard and kind of getting people's minds racing.
49:51
And And that side of thing. So we like to have fun with it.
49:54
Yes. I'm just gonna mention one thing
49:56
because you mentioned Miami, bro, I'm Miami.
50:00
Local I was raised, here we are slowly taking over Miami with
50:04
the swan Salon, which we throw monthly, and we just open the
50:09
Miami version of Bitcoin Park. Shout out to Adele and Rod for
50:13
the inspiration and buddy of mine.
50:16
Roz is really pushing that initiative forward and helping a
50:19
bit on the social media side. So we are Opening the B, the
50:24
Miami version of Bitcoin Park it's called the Bitcoin Grove
50:28
and we will be throwing events during the Bitcoin conference
50:31
around the Bitcoin conference in Miami but I do agree with Fabio
50:36
Miami definitely went down. The shit coin path but we are
50:39
slowly taking back the city from the shit corners but this is
50:43
what we're talking about the peaceful Revolution guys.
50:45
It's a fight on all fronts, right?
50:47
So in your city, you got to hold it down.
50:49
Obviously, these two fellows are holding it down.
50:51
Down in Tampa, you guys are absolutely fucking crushing it.
50:54
There, you know? So I'm doing up my my small part
50:57
in Miami, you know, our boys and Nashville during their part.
51:00
Shout out, Nick. Shout out, Odell shutout, rod,
51:03
and you know, opted, he's holding it down and Opti opt.
51:07
He's AI Opti stopped, he's not real, he's holding it down in
51:10
cyberspace. Obviously, you down in
51:12
cyberspace. That's how he's always
51:13
optimistic every morning because he's a robot now.
51:15
I'm just kidding. Anyways, everybody, or is he, or
51:19
is he? Or is he anyways everybody?
51:21
So, Check out these two gentlemen and their awesome
51:24
project it's called Bitcoin Bay dot live.
51:27
You could check it out but no more delay.
51:29
Let's get to the favorite part of the show V Bitcoin meme
51:35
review, which we have to skip out yesterday because the show
51:37
went a little bit long but man, was that a really, really Dope
51:40
Show. Anyways, everybody.
51:42
No more delay. Let's get to the meme review.
51:43
Let's do it. Kaboom Rex.
51:49
The daily meme review brought to you by Kaboom racks.
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52:19
Alright, guys, this is the main review.
52:22
You guys were yelling at me yesterday.
52:23
You guys have been yelling at me in the chat today.
52:26
I know we went a little long, we had to, we had the X.
52:30
The mean review yesterday. Sorry guys.
52:32
But hey, when we give you guys the signal, sometimes the mean
52:35
review falls off. Anyways, as we tell you guys
52:38
every single day, well, almost every single day, sweets, are
52:42
the bullets means of the artillery.
52:43
We are in an information War, guys.
52:45
So you Need to spread the signal.
52:48
You need to put truth in art. Get the calls of actions out
52:51
there so that people know that there is an option and that they
52:55
can opt out of the madness and that they should be saving in
52:58
Bitcoin. Anyways.
53:00
The first meme, shouts out to at church underscore hottel and
53:04
he's a play on the Drake, meme On The Hotline, bling Meme.
53:08
And he goes, Drake node and it's the New York Times a so
53:12
Sovereign money that encourages more efficient, energy
53:14
production. Nope, New York Times, doesn't
53:16
like that. What do they do?
53:17
Like what does New York Times? Like, cutting down trees for a
53:20
newspaper in the year, 2023? What's going on?
53:24
And they're referencing this Twitter account.
53:26
The stop, the Press at New York Times is up, it's been going on.
53:30
That's also that's a walker bro. Shout out to Walker 15 and that
53:34
I think I'm pretty sure he was the one on my God.
53:36
They made it on zero heads this morning.
53:38
They're killing it. Yeah, I got this.
53:40
Next one, is my at Bitcoin underscore is underscore.
53:44
And again, we are dunking on the New York Times.
53:47
Because P Richard is just absolutely ratio and everyone on
53:50
Twitter and you know, there's a quote tweet on a tweet, but this
53:54
is the Spider-Man mean where he goes, it's got a head on top and
53:58
goes, you know, I'm something of a zero carbon expert myself and
54:01
it's got P are smiling on top of the Spider-Man me, many ways.
54:04
This next one is by BTC sessions.
54:07
And again, it's another play on the Superman sweating, two
54:13
buttons meme, but instead of this one, we got some kind of
54:16
LoJack Back Emperor, here. That is pressing a button and on
54:20
the one side it is unicorn. And on the other side, it is
54:23
Bitcoin. The choice is obvious, but the
54:25
word Jack a obviously is having a hard time figuring out whether
54:29
they should put you into a CBC slavery system or give you
54:32
Freedom with Bitcoin. Obviously what do we say it's
54:35
bitcoiners slavery. So the choice is very easy for
54:37
you guys out there. This next meme is by toward to
54:40
Meester and he goes crypto takes Bitcoin gives crypto dies,
54:45
Bitcoin lives. And we got a, we got, you know,
54:48
the Bitcoin, the Zen moment, here of someone being in full
54:53
Zen houghtaling, their coin, spreading their Bitcoin, to
54:57
people that they know and trust, and love their products because
55:01
using your Bitcoin is still love and huddling your Bitcoin is
55:03
still using. Anyways, the next me, well p.m.
55:06
and we got this me. My forget what movie this is,
55:10
but it's a good movie. And obviously, robes going to
55:13
give me shit because I don't remember anything from pop
55:16
culture anymore. We Bitcoin and he goes that
55:18
there's no crying in baseball and we got, I'm pretty sure this
55:21
coin. It's only Bitcoin.
55:23
I'm pretty sure this is the Tom Hanks, I forget about the girls
55:26
baseball league. It's good movie.
55:28
You guys have probably seen it and it does.
55:30
Tom Hanks has a couch, me explaining, there are no bail
55:32
outs and capitalism and then it's the girl, crying the fake
55:35
capitalists, wanting the bailout.
55:38
And this next one, I was going to put this one on yesterday's
55:41
show cuz we had Jordan from thank God for Bitcoin on the
55:44
show. But hey, it's Pretty fitting
55:47
anyways and this is by at crypto mayor.
55:51
Ed interesting name. He still has crypto.
55:53
You wouldn't win Bitcoin mayor and he goes.
55:56
Thank God for BTC. Keep sharing the good news, and
55:59
we got a prayer here. Go, dear God.
56:00
There's tyrannical evil trying to take over the world right
56:03
now. Is there anything you can do to
56:05
stop it? God, yes, I gave you bravery and
56:07
Bitcoin. Absolutely, love it.
56:09
Okay. This next one, shouts out to 21
56:12
JC LP. He tagged me in this in the
56:15
morning and I thought it was Meeting and he goes, remember
56:18
it's never too late to see the light and get on the mission
56:20
hashtag Bitcoin only and we got this girl right here and she
56:23
goes crypto ruined my life and we got a Bitcoin over here.
56:26
He says, I was once the shit corner.
56:28
It is never too late to see the light and get on the mission and
56:31
then they hug and the go Bitcoin only this is the way guys turn
56:36
away from your shit coronary past and get on the Bitcoin
56:40
standard and move forward. Anyways guys, drop your me.
56:44
Move you score in the chat as we Covers hours live?
56:47
I've and we will give you our mean review scores and rejoice
56:51
live. Actually I'm going to switch
56:55
this one up. I have I think it's orange this
56:58
orange rubber band. I am color blind so it might be
57:01
yellow. I don't know.
57:02
Orange to me so orange rubber band Okay.
57:06
Okay. That's that's a that's a good
57:08
score. I'm going to give it a mmm-hmm.
57:13
It's red wristband Opti. What color is this for?
57:17
You looks looks rad. You said it was red.
57:20
So I'm going with red final answer.
57:23
All right. Fabio what would you get
57:26
nothing? I've got this nice little stamp
57:29
here. I don't know if it's going to be
57:30
backwards or not, but it says buy Bitcoin on it.
57:34
Let's go. Can I give a good story?
57:37
I had one of those stamps and I stamped like a bunch of hundred
57:40
dollar bills one time and I did it like in the wrong part of the
57:45
hundred dollar bill and every time I put into ATM it wouldn't
57:47
take the ATM. So be mindful of where you stamp
57:51
your field. They'll actually I didn't do
57:52
that. I didn't I did not do that.
57:54
I didn't do that at all. Yeah. - just a desk piece.
57:57
I never use it. Yeah, don't use it.
57:59
Don't do that. What was the Wesley?
58:02
What would you give those memes? I've got a custom print is
58:09
called the Pokey pill, I love that.
58:10
So that's a great name. Anyways, the movie is A League
58:15
of Their Own. See, I knew someone got it.
58:17
Anyways, anyways, before we get into giving a shout-out to our
58:24
guests or go through the guest, sorry, the viewers scores, I
58:28
want to give a shout-out to our awesome Opti shaking his head.
58:33
I want to give a shout-out to A clothing, sponsor up DNA where
58:35
the merch every single day. I'm wearing the simply Bitcoin
58:39
camo merge opt. He's wearing the it's just
58:42
Bitcoin merch from representing TD they're dropping.
58:45
There's, this is all sold-out, limited-edition.
58:47
Limited-edition, bro. That's why I bought like 10 camo
58:50
hoodies. Like right off the rip, guys.
58:52
You could take them all. Hey guys, they will be dropping
58:56
and you simply Bitcoin merch. Drop soon.
58:58
Stay tuned. And for the ladies, there will
59:00
be some design for the ladies as well.
59:03
Stay tuned. Will be coming soon.
59:05
But in the meantime, check out all their other really cool
59:08
merch. Represent LTD.com promo code,
59:11
simply Dash Bitcoin, 10% off, anything on the store.
59:17
Anyways, bring back our guests in and we shall start going
59:21
through the meme scores. But first, I have to play the
59:25
music. All right.
59:33
Victor Salazar I give the memes Bitcoin on Cold Storage.
59:37
Very good, very good shots. Fired Gary Gensler suddenly
59:41
stricken with Tourette's syndrome and can't stop spilling
59:43
the beans on bitcoin. Oh God, they just got nervous.
59:49
Score Bitcoins Chief carbon officer in the next scene.
59:53
The shit Corner girl asked quote.
59:58
I didn't read it because I don't know if you can read that one.
1:00:00
No, I can't. Work.
1:00:03
I will give the means a New York Times newspaper.
1:00:06
Thanks Opti for catching that last minute literally more memes
1:00:12
Squad. Not yet not yet but we do have a
1:00:14
good comment from bake. Here he says Opti is a major
1:00:18
Madonna fan I didn't take that as a scorer I can confirm what's
1:00:22
what's the song? I'm A Material Girl living in a
1:00:25
material world. Yeah exactly.
1:00:27
The way we do have a few more we got two and then one and let's
1:00:29
roll it on eek ook I give those memes one Liz, Warren campaign
1:00:32
contributions. Our plate and one more seed or
1:00:36
seed or IO rate, the meme review spend and replace your Bitcoin
1:00:40
worthy anyway. This one's good.
1:00:42
Wait wait wait, read this one. Be F Phi, give the memes blue
1:00:45
Wallace. Beery wallet, Jade seat, signer,
1:00:47
cold card Moon. Okay now do you know it's time,
1:00:52
guys. Thank you so much for tuning in
1:00:53
to another episode of Simply Bitcoin live.
1:00:56
We were super happy to have. All you guys join us today.
1:00:59
I want to give a very special shout out to our friends.
1:01:03
He's over at Bitcoin Bitcoin Bay.
1:01:07
Thank you guys so much for joining us today.
1:01:09
Why don't you tell everybody where they can find you online
1:01:12
and what you're working on these days?
1:01:14
Anything exciting? Yeah, I appreciate you having us
1:01:19
out here and you know, letting me show your audience a little
1:01:23
bit. I clearly struck a chord there
1:01:26
but you find us on Twitter at Bitcoin Bay TPA you got our
1:01:31
website right there. You know we were really surface
1:01:34
business Workshop. It's just the start of you know
1:01:37
what we're trying to do here. I mean this is my home is
1:01:39
Fabio's home so we're not going anywhere.
1:01:41
You know, we're just going to keep, we're going to keep doing
1:01:44
keep building, you know? So.
1:01:47
This is we're just getting started here.
1:01:48
So appreciate you and I appreciate you guys joining us
1:01:50
today on simply Bitcoin live happy to have you guys on again
1:01:54
in the future. Fabio, thank you so much.
1:01:57
All right guys, thank you for joining us guys.
1:02:00
Thank you so much for tuning in to another episode of Simply
1:02:02
Bitcoin live. We really appreciate it.
1:02:04
Shout out to all our amazing sponsors that help us keep us on
1:02:07
the air and of course you the audience.
1:02:10
Thank you so much for your support.
1:02:12
It's always greatly appreciated. We would not be here without you
1:02:16
if you enjoyed the show. Do you know what to do?
1:02:17
Smash that like button. Consider subscribing.
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1:02:22
number one thing you could do to help support this show and all
1:02:25
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1:02:30
peaceful orange Bitcoin, Revolution.
1:02:33
And remember if enough people take self custody, we will win.
1:02:36
And there's nothing they could do about it.
1:02:38
If you want to go to the after-party.
1:02:40
We're hosting a spaces until 2 p.m.
1:02:43
Eastern Standard Time with our friends over at salon.com.
1:02:47
Best place to build your Bitcoin stack built by bitcoiners for
1:02:50
bitcoiners. Shout-out to the best producer
1:02:52
in the game producer. Jacob, he'll be holding it down
1:02:56
with Opti. I'll be in there as well.
1:02:58
I think. But anyways guys love you all
1:03:00
and we'll see you tomorrow, 12:15 p.m.
1:03:02
Eastern Standard Time for another episode of Simply
1:03:06
Bitcoin live. And also check out Simply
1:03:08
Bitcoin TT, 0 or T t0 and episode dropping hot tonight.
1:03:13
I think that either at 5 or 6 p.m. anyways guys, see you You
1:03:17
see you on the next one.