Latest / Simply Bitcoin / US Government Predicts Bitcoin Will 10X | EP 945

Transcript

US Government Predicts Bitcoin Will 10X | EP 945 · Simply Bitcoin

• 0:03
  It's all going to zero against Bitcoin.
• 0:06
  It's going up. Forever.
• 0:15
  You're against Bitcoin. You're against freedom, Yeah.
• 0:26
  Welcome to another episode of Simply Bitcoin Live.
• 0:27
  We're number one source for the peaceful Bitcoin revolution,
• 0:30
  Breaking news, culture, Modern Warfare.
• 0:31
  We will be your guide through the separation of money in
• 0:34
  state. Ladies and gentlemen, welcome to
• 0:35
  the most watched Daily Bitcoin Live show on YouTube.
• 0:39
  Rumble and X, welcome to Simply Bitcoin.
• 0:41
  Today we're going to talk about this insane proposal again
• 0:45
  coming out of the current administration.
• 0:47
  I just want to preface that, ladies and gentlemen, we don't
• 0:50
  lean left, we don't lean right. We are apolitical on simply
• 0:53
  Bitcoin. We stand for Bitcoin, we stand
• 0:56
  for Team Orange, Party Orange. And that means that we don't
• 1:01
  choose any parties. All that being said, I do have
• 1:05
  to report though, that the current administration, who's
• 1:08
  currently currently occupying the executive branch of
• 1:12
  government here in the United States, proposes another tax, a
• 1:16
  30% tax on Bitcoin miners. And the purpose of that tax,
• 1:23
  they literally are telling you the quiet part out loud is to
• 1:27
  dampen the industry, to to make sure that people just don't mine
• 1:30
  in the US anymore. This is a clear attack on
• 1:34
  Bitcoin. This is a pattern that has been
• 1:36
  happening for over the last year.
• 1:38
  You know, with the start of the quote, the operation Choke .2
• 1:43
  point O, we had Caitlin Long on simply Bitcoin IRL literally
• 1:46
  telling you the quiet part out loud.
• 1:48
  That the reason that she believes that her bank, that her
• 1:52
  Bitcoin bank, Custodia Bank, was denied a federal banking
• 1:55
  charter, was a direct order from the White House, from the
• 1:59
  executive branch, right. You had all the reports coming
• 2:03
  out, the presidential Economic report, a dedicated 20 entire
• 2:07
  pages as to why a central bank is necessary, why Bitcoin could
• 2:12
  never function as the money because it doesn't have a
• 2:14
  government behind it. And clearly, you know, they want
• 2:17
  to roll out the central bank digital currencies.
• 2:19
  And clearly this is getting into the political discourse because
• 2:23
  you have the opposing candidate, very divisive figure.
• 2:28
  Of course you have president, ex President Donald Trump, who's
• 2:31
  currently the Republican nominee in the election this November.
• 2:35
  He is making it part of his, you know, electoral discourse,
• 2:40
  basically making the case against central bank digital
• 2:43
  currencies, basically saying if I get elected, you know, you
• 2:46
  won't have a CBDC. And he did mention Bitcoin by
• 2:51
  name in yesterday's squawk box on legacy financial media.
• 2:55
  So this is getting very, very interesting, But I'm starting to
• 2:59
  notice very troubling pattern and it concerns me deeply
• 3:04
  because Bitcoin in itself, it's apolitical technology.
• 3:08
  It helps all sides equally, right?
• 3:12
  It is the most inclusive, equitable money the world has
• 3:15
  ever seen. It's equal.
• 3:17
  Everyone has to pay the price of tuition when they enter.
• 3:22
  You don't get a a special privilege of being able to
• 3:25
  create money for free. You know, so it's it's it's it's
• 3:28
  a level playing field. No one owns the network and at
• 3:32
  the same time you know it. It protects your wealth from
• 3:34
  confiscation. You would think that you know
• 3:37
  both political ideologies, both political sides would be
• 3:40
  supportive of this of this thing.
• 3:43
  But the troubling pattern that I've noticed and again don't
• 3:46
  trust, verify, check this stuff out yourself, is the vast
• 3:50
  majority of people who are supposed are supposing are
• 3:54
  supporting Elizabeth Warren's you know, anti Bitcoin bill.
• 3:59
  It's like 17 or 18 Senate Democrats.
• 4:04
  It's like two or three Republicans.
• 4:06
  And then we know who's in charge of the executive branches, the
• 4:10
  Democrats as well. What is going on?
• 4:13
  Like just pointing out the observation, I don't understand.
• 4:17
  Right. So that is a very kind of
• 4:20
  troubling development because the last thing that we want to
• 4:22
  happen is for Bitcoin to become a partisan issue.
• 4:27
  Because it is not a partisan issue.
• 4:30
  It it benefits everyone equally. Everyone I think deserves to be
• 4:34
  able to earn and save in a money that doesn't steal from them.
• 4:40
  Specifically the lower and middle classes that get the word
• 4:44
  they they get the most hurt when the government goes on the
• 4:48
  spending on the spending sprees regardless of what political
• 4:53
  parties in power. So I hope that you know both
• 4:57
  parties could come together behind this unifying message and
• 5:01
  of course just want to say this again it's not a black or white
• 5:04
  thing. It is not you know it's not
• 5:07
  monolith. There are Republicans that are
• 5:09
  anti Bitcoin and there are Democrats that are supportive of
• 5:12
  Bitcoin. But just the general picture is
• 5:16
  that it seems to be a partisan kind of thing.
• 5:19
  In the Arizona bill that we covered on one of last week's
• 5:24
  episodes, right, whether the state Senate would be allowed to
• 5:29
  put a portion of the retirement portfolios into Bitcoin?
• 5:33
  Again, it was party lines the Republicans voted for, yes, and
• 5:37
  it was the Democrats in the Arizona State Senate that voted
• 5:42
  against it. So very interesting observation.
• 5:46
  If you are again guys, I don't care what what side of the
• 5:49
  political aisle you are. If you're for Bitcoin, you're on
• 5:51
  my team. I'm a single issue voter at the
• 5:53
  end of the day. But you know if you are a, you
• 5:57
  know if you live in a, in a in a place where you have a
• 6:01
  Democratic representative representing you, you should ask
• 6:06
  them do you support Bitcoin? Because the, the, the the fact
• 6:10
  is if they don't support Bitcoin, they want you using the
• 6:13
  money that steals from you, right.
• 6:14
  And again if you have a Republican who's who's
• 6:17
  supporting or who's representing you in your district and it's
• 6:20
  the same thing for whatever reason, you know they they are
• 6:25
  anti Bitcoin. Ask them the same question.
• 6:27
  Why are you for why do you want me to use the money that steals
• 6:30
  from me, right. You know Bitcoin exposes
• 6:32
  incentives. Ask them the hard questions.
• 6:34
  They don't have a they don't have a response to that.
• 6:37
  They don't have a response as to why a central bank digital
• 6:41
  currency is necessary. Their response to that is a very
• 6:46
  simple response. Their response is more efficient
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  payments. We don't need more efficient
• 6:51
  payments. If you live in the US, you
• 6:53
  probably have Zelle, PayPal, Venmo, Cash app, countless all
• 6:57
  these, you know, so many so many applications you could use to,
• 7:02
  you know, make payments very, very efficiently.
• 7:05
  Why do you need the CBDC? Well, the CBDC is the excuse
• 7:09
  they need. It's the Trojan horse they need
• 7:12
  in order to maintain the privilege of being able to
• 7:14
  create money for free that everyone else has to work for.
• 7:18
  That's how Washington DC funds itself.
• 7:21
  But if you support that, in my opinion, you're against the
• 7:24
  people, you're you're against the everyday working class
• 7:28
  individual, you're against the lower classes, you're against
• 7:31
  the middle classes because those are the classes that
• 7:34
  disproportionately get affected by inflation, right.
• 7:39
  So anyways, I just want to leave it at that.
• 7:41
  We're going to cover all this, you know, all these topics
• 7:43
  today. And guys, rather than getting
• 7:45
  stuck in the sauce or lost in the sauce between the left and
• 7:49
  the right, I urge you that it is not left versus right.
• 7:53
  It's not red versus blue. It's not Republican versus
• 7:55
  Democrat. It is the party of orange, The
• 7:57
  party of peace, Bitcoin, opportunity, prosperity, hope,
• 8:02
  optimism versus the party of green.
• 8:05
  Slavery, Fiat, nihilism, destruction, war.
• 8:10
  You put it all that stuff in there, right?
• 8:12
  And what we gotta do is we gotta decipher what What side of the
• 8:16
  what? Really.
• 8:17
  What party are you on? Are you on Team Orange or are
• 8:20
  you on Team Green? OK, all that being said, do want
• 8:22
  to bring up my legendary Co host who is laughing.
• 8:25
  That must. That means it must have slipped
• 8:27
  up or or something. No, no, no.
• 8:30
  I'm. Laughing with you.
• 8:31
  I'm laughing with you, bro. But and I was thinking of the
• 8:34
  shirt I wore yesterday, you know, it's not a conservative,
• 8:37
  It's not progressive, it's not libertarian, It is Bitcoin.
• 8:41
  This is the way guys. Bitcoin It is.
• 8:43
  Bitcoin. That's it.
• 8:43
  It's Bitcoin and. Actually, actually, that's
• 8:46
  exactly what I wanted to do. I had to hit the soundboard
• 8:48
  today, guys. You're.
• 8:49
  Against Bitcoin, you're against freedom.
• 8:51
  It's becoming more and more clear who is against freedom?
• 8:55
  Oh man, well what a what a interesting year it's going to
• 8:58
  be to say the least, Nico. It's going to heat up as we move
• 9:02
  closer to the election cycle, election season.
• 9:06
  And then as the Bitcoin price starts pumping, I I think, I
• 9:09
  think we're going to be remember, remember Carlos Mato
• 9:12
  Matos, you guys remember Carlos Matos You guys in the chat, you
• 9:15
  know we are no longer in the same world we once were.
• 9:18
  This is a new era. This is a new time and it's
• 9:21
  becoming very, very evident in real time that that we are, we
• 9:25
  are going into a new era of of humanity, a new conversation's
• 9:30
  happening. You know, there's people that
• 9:32
  are trying to stifle the conversation and there's bit
• 9:35
  corners that are trying to provide the solution.
• 9:36
  So here we are, here we are. And on that note, let's bring in
• 9:40
  our guests. We got V for BTC from the
• 9:43
  Bitcoin way today and we're going to be talking about self
• 9:45
  custody and all the things they're working on.
• 9:47
  So how you doing this morning? Good to have you, bro.
• 9:51
  Fantastic guys. Happy to be here man.
• 9:52
  Thanks for having me again. Thank you for joining us on the
• 9:56
  show. We really, really appreciate it.
• 9:58
  And you guys are Bitcoin's IT team.
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  You guys make it. You guys walk people through how
• 10:04
  to take self custody, how to start up your own node.
• 10:07
  And we're going to talk about that during the culture today.
• 10:10
  Why that's so important especially, you know, with the
• 10:13
  current political situation, you know, this rhetoric coming out
• 10:16
  of politicians about unhosted wallets, hosted wallets, you
• 10:20
  know, this rhetoric about, you know, taxing mining or
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  something. Here in the United States, it's
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  And the way that you do that is by taking self custody of your
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  Bitcoin, It's by it's by running your own node because if not,
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  you're trusting someone else's node and these guys will help
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  you do just that. So anyway, it's going to be a
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  great show. But before we do get started, I
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  partners very, very carefully and we we choose our partners in
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  a way where it will help you help you achieve true financial
• 14:18
  sovereignty. Anyways, at the time of
• 14:21
  recording, the Bitcoin price is 70,600 SAT's per dollar. 1416
• 14:27
  block height 834,386 blocks to having 5614 Having estimate
• 14:36
  April 19, 2024 Total lightning network capacity 4367 Bitcoin
• 14:43
  capacity value 308 million U.S. dollars Realized monetary
• 14:48
  inflation 1.74% The market capitalization of Bitcoin is
• 14:52
  currently sitting pretty at 1.39 trillion U.S. dollars.
• 14:56
  Bitcoin versus gold market cap That's right, Bitcoin has
• 14:59
  surpassed gold. Whoa, it's above 10%.
• 15:03
  It's sitting at 10.06 currently, and it seems to be going in the
• 15:08
  right direction. Of course, every single
• 15:10
  percentage point that it goes up, I feel like Peter Schiff,
• 15:13
  you know, cries just a little bit, a little.
• 15:15
  I can. I can sense the teardrop going
• 15:18
  down his face. Anyways, Guy Swan, one of my
• 15:22
  favorite content creators in the space.
• 15:24
  Bitcoin. Audible.
• 15:26
  Absolute, you know, You know, Treasure Trove.
• 15:30
  Guy Swan has read every single thing in this space.
• 15:33
  He has one of the best voices, huge fan, huge fan of Guy Swan's
• 15:37
  content. Seems like he's making videos
• 15:39
  lately. This is one of the latest he's
• 15:41
  he's dropped. And he asked the question, ever
• 15:44
  wondered what the true cost of printing $6 trillion is?
• 15:48
  And man, this, this, this really, really hits hard.
• 15:53
  And I want you guys to connect this with what I was saying in
• 15:56
  the opening monologue. Right about guys is not left
• 16:00
  versus right. It's not Democrat versus
• 16:01
  Republican half. You guys have to understand that
• 16:05
  there's a true cost. There's a cost when the
• 16:10
  government prints money out of thin air.
• 16:13
  They're stealing time from individuals and whoever,
• 16:18
  whatever side you are on the political aisle, whether it's
• 16:22
  Democrat or Republican, and you support this, you're supporting
• 16:27
  the theft of your very own constituents.
• 16:30
  Have to be aware of that, right? We have to this, this, this
• 16:33
  whole thing is just, it's just a bunch of bullshit.
• 16:37
  People are getting distracted from, you know, the the, the,
• 16:41
  the political environment right now, but they're not really
• 16:43
  understanding what is the root cause of a lot of their economic
• 16:49
  woes. Why can't the younger
• 16:51
  generations afford a house? It's broken money and has
• 16:55
  nothing to do with whatever political aisle is in power.
• 16:59
  Anyways, let's check out what Guy Swan has to say.
• 17:03
  In 2020, the United States government and central bank
• 17:07
  printed $6 trillion out of thin air and then distributed it
• 17:12
  through a whole bunch of subsidies, special interest
• 17:14
  projects, huge corporations and financial institutions, and
• 17:17
  basically any politically connected entity that had the
• 17:20
  lawyers and lobbyists necessary to make sure that they got their
• 17:22
  cut. I think most sane people hear
• 17:25
  that and think that's a huge number and they they understand
• 17:29
  at least that that's not fair. But I think the magnitude of the
• 17:32
  word trillions gets lost in our little linear brains.
• 17:35
  So I want to take a minute to explain what it means to print
• 17:39
  $6 trillion. First, we need to understand why
• 17:41
  the free market works. When you have money that is
• 17:44
  fair, sound money or the rules are the same for everybody.
• 17:47
  It means essentially, to spend money you have to earn money.
• 17:50
  It means that every economic decision has skin in the game.
• 17:53
  There is no objective unit of value.
• 17:57
  All value is only relative. So the only reason that you know
• 18:01
  for sure some product or choice on how to spend your time isn't
• 18:04
  worth $500. It's simply because you are the
• 18:07
  one who paid the price to get that $500.
• 18:11
  You are the only person who can feel and is bearing the
• 18:15
  responsibility for that $500 cost.
• 18:19
  So every time you choose product A over product B, or you spend
• 18:23
  money on your kids braces instead of a new TV, or you buy
• 18:26
  the car that you need instead of the one that you want, you are
• 18:30
  directing the resources that you made in the world to tailor the
• 18:34
  economy to what you need. Now.
• 18:37
  The average American earns $2 million over their entire
• 18:42
  lifetime. Every hard choice, late night,
• 18:46
  emotional breakdown, every hope and dream they ever strived for,
• 18:50
  all of the blood, sweat and tears that shaped the world
• 18:54
  according to their values, Rest in that $2,000,000 to print $6
• 18:59
  trillion out of thin air and politically redistributed means
• 19:03
  to erase the entire lives of 3 million people from economic
• 19:09
  existence. All of it, poof.
• 19:12
  The care and concern of 3,000,000 lifetimes worth of
• 19:18
  decision making and judgments were replaced with a laundry
• 19:23
  list of corporate subsidies. A bunch of bailouts for corrupt
• 19:26
  financial institutions. Interest free loans to giant
• 19:30
  corporations that just use it to swallow up all of the small
• 19:33
  business in the country. Blatant money laundering.
• 19:36
  And then a huge list of just political virtue signaling in
• 19:39
  3000 pages of nonsense written by a bunch of lobbyists that not
• 19:44
  a single person in Congress even reads.
• 19:48
  But we have to pass the bill so that you can find out what is in
• 19:52
  it. And that was just one year, and
• 19:55
  everybody wonders why it feels like the country's going and
• 19:58
  nothing we do matters. It's because it doesn't.
• 20:01
  We literally use a money that lets them steal the economic
• 20:04
  weight of every decision we ever make.
• 20:07
  The very tool by which we transmit our values into the
• 20:12
  world has a master key, and the Counterfeit Class uses it
• 20:16
  whenever it is convenient for them.
• 20:18
  All right, Leave it right there. So I hope you guys, you know,
• 20:23
  with the monologue, with this video, with this epic video from
• 20:27
  the one, the only, the legendary Guy Swan, you guys understand
• 20:30
  what's at stake. You guys understand that it is
• 20:34
  not a left or right issue. You guys have to understand
• 20:38
  that, you know, he said it best. There's a bureaucratic elite
• 20:42
  that have the ability to counterfeit, right?
• 20:46
  And you want to know why. Nothing changes whether you vote
• 20:49
  someone in or this or that. And you have these protests.
• 20:53
  It is because of that one fundamental issue.
• 20:56
  It is the root cause of a lot of these problems.
• 21:01
  What bitcoiners understand we right above that and we say,
• 21:05
  hey, look, no one should have the ability to create money for
• 21:10
  free that another human being has to work for.
• 21:14
  That's what. That's the world that bitcoiners
• 21:16
  are. That's a bit That's a Bitcoin.
• 21:18
  That's the world that bitcoiners are fighting for.
• 21:21
  You have to ask yourself, what world are you fighting for?
• 21:24
  What world are the politicians that you support?
• 21:27
  What world are they fighting for?
• 21:29
  Are they? Are they fighting for a war of
• 21:31
  theft, or are they fighting for a war of equality and
• 21:36
  prosperity? Simple as that.
• 21:38
  Anyways, I'm going to pass it on to Opti before we get into the
• 21:42
  news segment. And then of course, we want to
• 21:45
  hear from Vendetta, who's joined us on the show today.
• 21:48
  Yeah, well I truly enjoyed that Guy swan clip.
• 21:52
  I saw it this morning and and he did a great job.
• 21:54
  Absolutely love guy's takes. And the Bitcoin Audible a great
• 21:59
  resource for getting up to date and all the Bitcoin content and
• 22:03
  and you know hearing all of the the good works out there that
• 22:07
  are written. But I really like this video.
• 22:10
  Not only because, like, it really blows my mind just how
• 22:13
  few people understand how corrupt the system is currently.
• 22:17
  Like it is a uni party. What's the meme?
• 22:19
  You know, left right, Two wings of the same bird.
• 22:22
  It's all designed to do one thing and that is take as much
• 22:27
  as possible from the unknowing middle class or the the
• 22:32
  oblivious average person out there.
• 22:34
  And it this is like the main goal of not only this channel
• 22:39
  but what I like to do with my friends and family is, is to
• 22:42
  just continue to try. I I hate using the word expose,
• 22:45
  but show just how corrupt everything is and how everything
• 22:50
  on the corporate press is is a lie and everything coming out of
• 22:54
  Washington DC is an even bigger lie and they're just keeping
• 22:57
  doubling down on the lies. And it's hard to get people to
• 23:01
  connect to this idea. But I really love how Guy did
• 23:04
  it, and I've been doing the same thing as well.
• 23:06
  It's like, what's the meme? It's an old meme that we've all
• 23:11
  probably heard from our grandparents that very few
• 23:14
  people know the real value of a dollar.
• 23:16
  Very people know the true value of hard work.
• 23:19
  But when you explain to people that look, the money you are
• 23:22
  working for, literally all the blood, sweat and tears that you
• 23:26
  put into acquiring said value said dollars.
• 23:31
  Like you need to remember that while you do what you do and
• 23:35
  realize and value yourself more. Because like, I don't want to
• 23:39
  use the money that other people can print freely that literally
• 23:42
  takes no work that that literally steals from you
• 23:45
  without you even understanding the mechanisms.
• 23:48
  And personally, like, I think that should get people angry.
• 23:51
  Like this is the main reason why Bitcoin was created in the 1st
• 23:55
  place is because we understand the outright death coming out of
• 23:59
  not only Washington DC but all the central bankers in the
• 24:02
  world. And this is affecting every
• 24:04
  single one of us and everyone is stuck in the rat race and 8
• 24:08
  billion people are feeling the effects of inflation.
• 24:10
  And we're all in a very bad situation because of the Fiat
• 24:15
  class out there that continues to print money, continues to
• 24:18
  steal from every single person on planet earth.
• 24:21
  And if you don't understand what's going on, you're going to
• 24:24
  get absolutely wrecked. And This is why we come out here
• 24:26
  every single day to try to help people, inspire people and and
• 24:31
  get them to start saving in Bitcoin and and secure their
• 24:33
  value, secure their hard work and something that cannot be
• 24:36
  debased. And this is the whole point of
• 24:38
  Bitcoin is to hold on to something that someone else just
• 24:43
  can't steal from you, that can't go out there and print your
• 24:45
  value away. Literally destroy Roy Society as
• 24:49
  we know it and here we are, we have a solution.
• 24:52
  It came out in 2009. It is Bitcoin and there's a
• 24:56
  there's a new road out there. The bright orange future as we
• 24:59
  constantly talk about and it's happening in real time and you
• 25:02
  can help yourself today by just saving in some Bitcoin and
• 25:05
  providing value to your everyday fellow man and just opting out
• 25:10
  of the madness. You know, opt into a system that
• 25:14
  is more fair, that does help you succeed and prosper in life.
• 25:18
  And of course that is Bitcoin. And that's why we love it so
• 25:20
  much. And so shouts out the Guy Swan
• 25:22
  for killing that video. Because I think he did a really
• 25:25
  good job of connecting the emotional aspect of what is
• 25:29
  actually going on and the stakes that that we are all dealing
• 25:32
  with and just how crazy the world has actually gotten and
• 25:36
  how much crazier it might get. So man shouts out to Guy Swan
• 25:40
  for that. 100 percent, 100% Also guys, we have over 1000 live
• 25:45
  viewers. 1000 we're closing up on 1200 live viewers across all
• 25:49
  the platforms. Really, really helps if you guys
• 25:52
  smash that like button If you guys are enjoying the content,
• 25:56
  really, really helps with the algo.
• 25:57
  So if you're watching us on rumble on YouTube on X slash
• 26:00
  Twitter smash that like button really, really helps.
• 26:04
  Anyways Vendetta, what's your take on all this?
• 26:06
  Man, that the guy that guy that guy Swan video made me felt
• 26:10
  emotional a little bit. You know with the music and the
• 26:13
  you know the way that he he delivered that it it it has
• 26:16
  money. Printing has real life
• 26:19
  consequences. It affects millions of people
• 26:22
  not only here in the US but worldwide.
• 26:25
  Yeah, absolutely, man. I've been emotional about this
• 26:27
  for about 3-4 years now, You know, after witnessed first hand
• 26:31
  the complete decimation of an entire country back in Lebanon.
• 26:34
  When you go through something like this, you know, you don't
• 26:37
  question what something like Bitcoin is.
• 26:39
  As far as I'm concerned, Fiat is blood money.
• 26:42
  Fiat is the root of every bloody single problem every human being
• 26:46
  has around the planet. It funds wars, it's theft, it
• 26:50
  funds genocides. Every single problem we have
• 26:53
  these days is fueled by that same Fiat garbage that is
• 26:58
  flooding our economies and impoverishing everyone globally.
• 27:03
  And when you realize this, you know, like the the why of
• 27:06
  Bitcoin becomes very easy, you know, but Bitcoin is technology
• 27:11
  first and foremost. So it's the how that's a little
• 27:14
  intimidating, you know and and this is, and this is, you know
• 27:17
  why we came together. To form this team is to
• 27:20
  alleviate this problem is to remove the anxieties and
• 27:24
  intricacies of the how to properly Bitcoin in order to
• 27:28
  give an answer as to why you need it.
• 27:31
  If you stay stuck in the Fiat world, you are complicit in
• 27:36
  every single thing that is wrong around the planet, whether it's
• 27:40
  the wars, whether it's the theft, whether it's whatever it
• 27:43
  is that you want to call it that you're complaining about.
• 27:46
  You are 100% complicit because you are choosing to remain in
• 27:50
  the system and by doing so you are empowering it.
• 27:54
  So the the way to stop this is really not that complicated, but
• 27:58
  because it's so simple, I think most people just either don't
• 28:02
  think of it or just avoid it. And the simple solution to all
• 28:06
  this is to opt out. When you opt out, you, you know,
• 28:11
  you start defunding that entire system.
• 28:13
  You know, the system created by essentially, you know, a pack of
• 28:18
  thieves. That's all it is.
• 28:20
  It's a pack of thieves that have decided one day, you know, screw
• 28:23
  the world, nobody matters. They're all a bunch of peasants
• 28:27
  that are insignificant. We are the we are the the
• 28:30
  masters of the world. We're going to decide how this
• 28:33
  game is played. Everybody's going to follow our
• 28:35
  rules, and for a long time, you know, that worked and it got us
• 28:40
  all the way here. But I think the clincher, the
• 28:43
  thing that they weren't expecting was that thing called
• 28:46
  the Internet. You know, that thing threw a
• 28:48
  wrench in all their plans because all of a sudden now
• 28:51
  communication was on fire and unstoppable.
• 28:54
  And, you know, initially they ignored it.
• 28:56
  Again, like dummies. They're not the smartest people.
• 28:58
  You know, when you're focused on stealing, you're not thinking
• 29:00
  about anything, you know, intelligently otherwise.
• 29:03
  So the communication got out of hand and you know you can't, you
• 29:08
  can't stop this. So then they tried to control
• 29:11
  the mainstream media, the only thing that they can fund to to
• 29:15
  to, you know, to to continue with the narratives that they
• 29:18
  want mainstream media. This is all garbage news.
• 29:22
  These are all paid prostitutes delivering nonsense.
• 29:25
  And so if you want to hear the truth, you got to just stop
• 29:29
  listening to that nonsense and doing your own research,
• 29:32
  listening to people that have either lived through something
• 29:35
  that are telling you their authentic stories and not some
• 29:39
  fabricated, you know, fairy tale that you know is there to push a
• 29:44
  propaganda, to push some sort of narrative that they want you to
• 29:47
  follow. You know, the the days of
• 29:49
  allowing ourselves to being brainwashed by by by utter
• 29:54
  nonsense that has to stop. And you know, an easy way to do
• 29:58
  this is just to stop funding it. OK, Now, before Bitcoin, this
• 30:03
  was impossible. What were you going to do?
• 30:05
  I mean, there were some options, gold, real estate, but as it
• 30:08
  turns out, even those are corruptible and these are even
• 30:12
  those are manipulated. So that wasn't really an option.
• 30:15
  We were under the illusion that those were options.
• 30:19
  But now that things have gotten really bad, well then you know,
• 30:22
  the the, the people in charge of this, of this Ponzi, of this
• 30:26
  gamble, now they're desperate. You know, it's like you have a
• 30:28
  rabid dog in a corner. What's he going to do anything.
• 30:32
  So how do you protect yourself from from this?
• 30:35
  You know, you need to take measures to ensure that you
• 30:38
  don't become a casualty of all the destruction that's going to
• 30:42
  manifest because of all this money printing, because it has
• 30:45
  to continue. If they decide to stop today,
• 30:49
  the whole thing explodes, you know?
• 30:51
  And the problem that I find, you know, with people in the West
• 30:55
  and in Europe is that they haven't encountered real pain.
• 31:00
  You know, you're still living comfortably.
• 31:01
  You wake up in the morning, sun is shining, you have your
• 31:04
  coffee, you go out with your friends for dinner.
• 31:06
  Life's OK. No, but, but but let let me
• 31:09
  switch off your bank account instantly in the same way it
• 31:12
  happened to to the the people in in Lebanon.
• 31:16
  From one day to the next. You wake up in the morning with
• 31:18
  everything that you have is that is the pennies that you have in
• 31:20
  your pocket. And then you know by lunchtime
• 31:22
  you're starving. But how are you going to pay for
• 31:24
  it? Because you have nothing to your
• 31:25
  name anymore. Nothing works now, you know in
• 31:29
  the West and in the and in Europe, a lot of people, you
• 31:31
  know assume this is like something that's far away from
• 31:34
  them. You're crazy because the
• 31:37
  mechanics of this problem are all the same.
• 31:40
  No one is immune. So either you know, you start
• 31:44
  paying attention to the realities of, you know, of of
• 31:48
  what's happening, or you are going to become a casualty of
• 31:53
  what's coming. And we're trying to fast track
• 31:57
  the onboarding and the pass on the education of these facts to
• 32:02
  as many people as possible. You know, when you witness pain,
• 32:06
  when you witness destruction, it changes you in a way that's
• 32:10
  irreversible. As far as I'm concerned, my
• 32:13
  mission right now, my, my reason for living, is to empower anyone
• 32:19
  willing to help themselves, protect themselves, but more
• 32:22
  importantly, their families, You know, their their, their kids
• 32:27
  protect the future. That they're going to have a
• 32:29
  future where they are going to live free, make their own
• 32:32
  decision and not be subjected by the lunacy, by a bunch of
• 32:36
  psychopaths that think they have the right to dictate how you
• 32:40
  live your life, what you eat, what you do, where you go, what
• 32:44
  you watch, who you talk to Like, who the hell do these people
• 32:47
  think they are? And as as long as we keep
• 32:49
  accepting that, that utter garbage, you're empowering them,
• 32:54
  all you have to do is to stop complying.
• 32:57
  That's it. Amen.
• 32:59
  Amen. And it's peaceful non
• 33:02
  compliance, because the non compliance is you just taking
• 33:05
  self custody, right. That's it.
• 33:07
  And that's why they're so hell bent.
• 33:09
  That's why they come up with these terms unhosted wallet.
• 33:13
  That's why they're aggressive. That's why they it it drives
• 33:18
  them crazy. The mere idea We played you guys
• 33:22
  a video from Barack Obama. He's literally saying the choir
• 33:25
  part out loud. Like the idea that you could
• 33:27
  have a Swiss bank account in your in your pocket and no one
• 33:31
  could have access to it. And Bitcoin is like, yeah, that
• 33:33
  sounds like a great idea because if you look at it from a
• 33:36
  historical if if you don't learn from history or the examples
• 33:40
  that Vendetta just brought up his personal experiences in
• 33:43
  Lebanon. Right?
• 33:44
  I'm originally from Venezuela. Hyperinflation, Yes, it's a
• 33:47
  bitch, right? So you know, if, if you don't
• 33:52
  learn from history, right? Even in the US, the six one O 2
• 33:56
  order, if you don't learn from history, you know you're
• 33:58
  destined to repeat it, right? So now we have a tool to empower
• 34:03
  ourselves with financial sovereignty, but only if you
• 34:07
  choose to use that tool. And it's going to take a little
• 34:10
  bit of personal responsibility along the way.
• 34:12
  Anyways, before we move on to the next block, I do want to
• 34:15
  give a special shout out to our new new limited edition merch
• 34:20
  drop. We teamed up with the Bitcoin
• 34:22
  artist Opti. How do you say his name?
• 34:25
  Asanoa. With Asanoa to come up with this
• 34:29
  limited drop of simply Bitcoin merch, guys, it really, really
• 34:33
  helps if you guys want to support our channel stack Sats
• 34:37
  first. But if you guys want to support
• 34:38
  our channel, help us stay truly independent.
• 34:42
  One of the best things that you could do is, you know, support
• 34:45
  us by buying our merch, right? We got the new T-shirt, Simply
• 34:48
  Bitcoin Peaceful Revolution. We got the, you know, the golden
• 34:52
  Bitcoin pill. We got the snapback.
• 34:55
  We got the dad, the dad hat. We, you know, we heard you guys.
• 34:58
  And of course, we got the woman's merch as well.
• 35:01
  So guys, you know, we, you guys have been asking for us.
• 35:04
  This is a limited drop. There's only so many pieces.
• 35:08
  So get yours. While supplies last, they have
• 35:10
  been flying off the shelves. All right, everybody, let's get
• 35:14
  to the news. We have a lot to talk about
• 35:16
  today. Let's check it out.
• 35:16
  Here we go. The Daily News.
• 35:23
  I want to give a shout out to our sponsor, Foundation Devices.
• 35:27
  It's self custody done right. They built a premium grade
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  hardware wallet called Passport right here in the US.
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  the show notes below to learn more.
• 36:19
  All right, ladies and gentlemen, for some reason Opti is full
• 36:22
  screen. OK, yeah, I swear to God.
• 36:25
  Restream, restream. I don't know what's going on
• 36:27
  back there, guys. You guys throw us a curveball
• 36:31
  every single week. Well, we love you guys Despite
• 36:34
  that. Anyways, look, guys, I made it
• 36:35
  incredibly easy for you guys. Scan the QR code on your screen.
• 36:39
  It'll take you directly to the Foundation Devices website.
• 36:43
  By the way, you can go to passport dot XYZ.
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  They have a new URL which is absolutely badass.
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  Get yourself a hardware wallet. Part of taking back your
• 36:52
  financial sovereignty is by, you know, putting your your coins in
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  cold storage and you need a hardware wallet to do that.
• 36:58
  And of course, we recommend our sponsor, Passport by Foundation
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  Devices. Completely open source.
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  Highly recommend it. I use it myself for the for some
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  of the things that I do and it's incredibly great and especially
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  with the Envoy app it's it's awesome.
• 37:14
  It's a very very very sleek experience.
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  Highly recommend it. Anyways quick ETF update
• 37:19
  MicroStrategy and BlackRock are head to
• 37:37
  Seems like micro shudgy will be overtaken by BlackRock.
• 37:41
  Now again, just to emphasize, guys, this isn't an apples to
• 37:45
  oranges compare. This is, it is not a fair
• 37:48
  comparison. OK, this is a publicly traded
• 37:51
  company and then these are asset managers, right?
• 37:54
  These are funds, all right? So it's totally different, but
• 37:57
  at the same time, you know, I just.
• 37:59
  I just find that funny, 'cause, you know, in sailor's head, he's
• 38:02
  thinking about that. Anyways, so I wanted to focus on
• 38:07
  today the topic of today's episode, which is there's
• 38:12
  another attack, ladies and gentlemen.
• 38:14
  It's just to put it simply, this is another attack.
• 38:16
  This is an attack right up in your face, right up in your
• 38:20
  grill. This isn't simply Bitcoin saying
• 38:22
  this. This is Pierre Richard.
• 38:24
  Pierre Richard is the Vice President of Research at Riot
• 38:28
  Platforms. Riot Platforms is one of the
• 38:30
  largest, if not the largest, I think.
• 38:32
  Yeah, I think they're smaller than Marathon.
• 38:33
  So one of the largest, top three, top five largest publicly
• 38:38
  traded mining companies, right. Pierre Richard has a amazing
• 38:43
  reputation within the Bitcoin community and these are his
• 38:46
  words, not mine. All that being said, Pierre said
• 38:49
  Biden administration is proposing a 30% tax on
• 38:52
  electricity used by Bitcoin miners.
• 38:55
  Even if you are off grid using your own solar and wind
• 38:58
  generation, all of the reasons they they provide are
• 39:02
  pretextual. The real reason is that they
• 39:05
  want to suppress Bitcoin and launch ACBDC.
• 39:10
  Look guys, OPTI and I tried really hard for a long time to
• 39:18
  provide the benefit of the doubt.
• 39:20
  OK but after multiple things. Operation choke .2 point O after
• 39:29
  after the the the basically the non the the delay and then the
• 39:35
  non approval of of Kate and Lon's bank.
• 39:39
  After basically asking all Bitcoin miners to report their
• 39:43
  energy use. Right after the hostile
• 39:46
  legislation coming out. Elizabeth Warren After the fact
• 39:51
  that they took advantage of the tragedy that happened in Israel
• 39:55
  and Palestine to convince the American public that Bitcoin was
• 39:59
  being used to to launder money for terrorists, even though it
• 40:04
  came out after the fact that that wasn't true.
• 40:08
  After all of these reasons, forgive me if I, I, I, I, I'm
• 40:11
  sorry guys, I can't come to another conclusion.
• 40:14
  But to say that the current administration does not like
• 40:17
  Bitcoin and they like CBD CS, they've released reports that
• 40:22
  have literally said we support a central bank digital currency,
• 40:26
  they don't like Bitcoin. Like we just put it bluntly.
• 40:30
  And this election year coming up right?
• 40:32
  This is election year, November. So you know, again, I, I, I, I
• 40:37
  don't care about left and right and all that rhetoric because
• 40:40
  it's BSI care about pushing forward Bitcoin, because the
• 40:43
  faster we push forward Bitcoin, this, the more Bitcoin adoption
• 40:49
  takes place, the less relevant politics in general become.
• 40:53
  That's what happens when you separate money from state.
• 40:55
  That's why I'm a single issue voter and we just have to be
• 40:59
  blunt here. The Biden administration does
• 41:00
  not like Bitcoin. This is an attack on Bitcoin.
• 41:04
  And they even you know what the worst part is, Is that they rub
• 41:07
  it in your face, right? So check this out.
• 41:11
  They actually admit the tax is punitive and designed to quote
• 41:15
  reduce mining activity. When government picks winners
• 41:19
  and losers in energy consumption by taxing disavowed uses due to
• 41:24
  its climate impact, you can bet they won't stop at Bitcoin
• 41:29
  mining. This is a glimpse of the future,
• 41:32
  right? I mean, like, think about that
• 41:36
  for a second. Like, think about that for a
• 41:38
  second. Like, what if they say, you know
• 41:41
  what? Because I'm sure that if you add
• 41:43
  up all the energy used by washing machines or video games
• 41:49
  in the US, and they said we're gonna tax video game usage by
• 41:53
  30%, there would be a revolt on the street, right?
• 41:57
  This has nothing to do with the climate.
• 42:00
  This has nothing to do with reducing cause.
• 42:02
  Look, miners don't emit CO2. They don't.
• 42:09
  You can even make the case that mining is actually going to
• 42:13
  propel more energy innovation and therefore making energy
• 42:17
  prices even lower and the grid more stable.
• 42:21
  You can make that case also, but I don't think they're really
• 42:25
  interested in the truth. I think this has to do with the
• 42:28
  fact that Bitcoin is a threat to the status quo.
• 42:32
  I think that's what it has to do with.
• 42:34
  I think it has to do with the fact that if a central bank
• 42:38
  digital currency has competition and and the competition is
• 42:44
  unconfiscatable wealth and deflationary wealth versus
• 42:52
  confiscatable wealth and inflationary wealth, what do you
• 42:55
  think people are going to chew? What do you think people are
• 42:58
  going to choose? If they have a choice, they're
• 43:00
  going to choose the better money every time.
• 43:02
  So here is the big hand of government getting to pick who
• 43:06
  the winners and losers are. Is this capitalism?
• 43:08
  This doesn't sound like capitalism to me.
• 43:11
  This sounds like totalitarianism.
• 43:15
  This sounds like collectivism. I'm going to say it.
• 43:18
  This sounds like communism. That's what it sounds like.
• 43:21
  Anyways, OK, so here's the no BS article, No BS Bitcoin article
• 43:27
  by Administration resurrects 30% Bitcoin mining tax and budget
• 43:31
  proposal for 2025. It goes on to say the
• 43:34
  computational effort involved in mining can be substantial and
• 43:37
  can therefore require a correspondingly large amount of
• 43:40
  energy. The increase in energy
• 43:42
  consumption attributed to the growth of the digital asset
• 43:45
  mining has negative environmental effects and can
• 43:48
  have environmental justice implications as well as increase
• 43:52
  energy prices for those that share an electricity grid with
• 43:55
  digital asset miners. Now that's not OK.
• 43:59
  That statement is patently false.
• 44:03
  Let me tell you why. Because Bitcoin miners go to
• 44:08
  where there's excess energy or stranded energy, it actually
• 44:12
  provides economic opportunities in those places were before
• 44:18
  there were none. You can't set up a Bitcoin mine
• 44:22
  in the middle of Manhattan and expect that Bitcoin mine to be
• 44:26
  profitable. Obviously electricity is way too
• 44:30
  expensive in in in in in a city, so where do you go?
• 44:34
  You go to stranded energy pockets, meaning it this is
• 44:39
  energy that was stranded, it was already going to waste.
• 44:42
  It didn't have an, an, an, an, an.
• 44:44
  An economic need. But Bitcoin gives it value.
• 44:49
  So that whole first statement is bullshit.
• 44:54
  And of course they're hiding. They're hiding behind moral
• 44:57
  virtue of environmental justice to justify totalitarian actions.
• 45:06
  And here's the thing. And this is This is why I named
• 45:10
  the video. The way I named it, right, is
• 45:13
  that they know this thing is going to succeed, which is the
• 45:16
  crazy part, right? Here's Pierre Richard and of
• 45:19
  course he's trolling a little bit here and it says Biden
• 45:22
  expects the Bitcoin mining industry to 10X in the United
• 45:26
  States over the next decade. This would imply $6 million
• 45:31
  price point target for Bitcoin. Even more bullish than the wash
• 45:35
  trading line item, American Diamond Dynamism and Energy
• 45:40
  Abundance will make this possible.
• 45:43
  And of course he was trolling a little bit and you know, they
• 45:47
  they community know they said the post is digitally altered
• 45:49
  and not real. Like, obviously the White House
• 45:52
  didn't release the document with the Bitcoin logo right there,
• 45:57
  but this is all they could throw back.
• 45:59
  They didn't even they didn't even debunk his statement.
• 46:03
  They just debunked the fact that like, hey man, you put a Bitcoin
• 46:06
  logo. That's not an official press
• 46:07
  release like it. It's so funny, this information
• 46:11
  warfare that's happening on in the Internet.
• 46:13
  But guys, this is serious. This is not, this is not a joke.
• 46:17
  This is not a joke. They're attacking money that
• 46:22
  protects you from the basement. That's what it's about.
• 46:28
  They want you on a CBDC. They want a China Light model
• 46:33
  here in the US That's what it's about.
• 46:36
  And Opti and I have given them every single benefit of the
• 46:39
  doubt in the book possible over the last year to the point that
• 46:44
  we're beating ourselves against like or beating ourselves our
• 46:47
  heads against the wall. And people in the chat get upset
• 46:51
  like guys like call it for what it is.
• 46:53
  Look now what's on the other side.
• 46:56
  On the other side, we have the Republican candidate and he's
• 46:59
  saying the quiet part out loud and shut up Vivek for planting
• 47:04
  this in in Trump's head. And let's take a let's take a
• 47:08
  look at what Trump has to say about CBD CS.
• 47:11
  Tonight, I'm also making another promise to protect Americans
• 47:14
  from government tyranny. As your President, I will never
• 47:18
  allow the creation of a central bank digital currency.
• 47:21
  You know about I mean look like guys like I, I, I, I I'm, I'm
• 47:30
  telling you like I I could care less about Fiat politics but
• 47:33
  like one guy let's kill Bitcoin mining in the US.
• 47:38
  Self custody bad CBD CS good. The other guy not that much
• 47:43
  better. But saying CBD CS are bad and
• 47:46
  that's not going to happen right?
• 47:48
  Like I mean like what is happening here?
• 47:52
  What is happening here. Look if you live in an area
• 47:56
  where you have a Democrat who's representing you, pick up your
• 48:00
  phone take action and agency and ask them why do you why you anti
• 48:03
  Bitcoin? Why why do you what what do you
• 48:06
  have against Bitcoin? I don't understand what what
• 48:10
  what do you have against it Pick up your phone and do it.
• 48:12
  Like actually do it and see if you can get a an answer from
• 48:15
  them because I don't understand because supposedly like if
• 48:18
  you're if you're you know you know if you're a Democrat you
• 48:21
  support quality equity justice all that stuff.
• 48:25
  What is what is more justice than the average Joe?
• 48:29
  It doesn't matter where you happen to be born, and you could
• 48:31
  be born in the middle of Africa, Venezuela, Haiti.
• 48:36
  It does not matter the fact that you can download a wallet and
• 48:42
  start earning in a money that can't be debased.
• 48:45
  And not only that, you can send that anywhere around the world,
• 48:49
  internationally, without having to depend on anybody.
• 48:53
  You would think, you would think, right, if you just use
• 48:56
  common sense, you'd be like what?
• 48:57
  Like everyone should support that.
• 49:00
  Like if, and this goes back to one of my original points and
• 49:03
  I'll get off my soapbox and I'll pass it on to Opti and and
• 49:06
  Vendetta, which is OK. Look, Bitcoin exposes
• 49:11
  incentives. It's one of my it's one of my
• 49:14
  favorite features of Bitcoin and and not that many people talk
• 49:17
  about it. It exposes the incentives of
• 49:20
  tyrants. If you are against Bitcoin, you
• 49:24
  are anti human. In my book you do not support
• 49:28
  the betterment of the human race.
• 49:30
  In my eyes it's as simple as that.
• 49:33
  And it doesn't matter whether you stand on the left or on the
• 49:36
  right. But if you're a politician and
• 49:38
  you're against Bitcoin at this point I, I, I I don't like you
• 49:42
  very much because you're supporting the theft of millions
• 49:46
  upon millions of individuals. Look at what Guy Swan said. 3
• 49:51
  million people got their life force taken away from them the
• 49:57
  moment that the government went on that pandemic spending spree.
• 50:02
  And they don't even have the decency to take responsibility
• 50:06
  for that. They blame Ukraine, They blame
• 50:09
  the pandemic. They blame everything and
• 50:11
  anything but themselves. Even though they're the ones
• 50:14
  that are solely responsible for the reasons that millennials and
• 50:19
  Gen. Zers.
• 50:20
  We can't even afford an effing house off 2 two jobs.
• 50:26
  Fix the money, fix the world. Bitcoin or slavery.
• 50:29
  We have an election in front of us and the reality is that one
• 50:33
  candidate is anti CBDC and the other and other candidate is
• 50:37
  actively trying to sabotage this Bitcoin revolution.
• 50:42
  That's what I got to point out, you know, So I hope you guys pay
• 50:46
  attention to the actual receipts and the facts of what is
• 50:50
  actually happening. Because it's become clear as day
• 50:53
  and you can say you can say as much as you want about not
• 50:56
  trusting A politician. Because I don't trust
• 50:58
  politicians, but I surely do trust their incentives and I
• 51:02
  surely do trust the fact that politicians want to get re
• 51:05
  elected. And I mean look at Nayeem
• 51:08
  Boukale, first politician to adopt A Bitcoin standard.
• 51:11
  A lot of people were skeptical of him, and guess what happened?
• 51:15
  He adopted a Bitcoin standard. Now Naeem Bukele is one of the
• 51:18
  most popular presidents. No, the most popular president
• 51:22
  in the Americas, right? So I mean, look, don't pay
• 51:26
  attention to what they say. Pay attention to what they do.
• 51:29
  Not only are they telling you that Bitcoin's going to 10X from
• 51:31
  here, but we have to tax this thing to, you know, get these
• 51:35
  miners out of the US. Like, who?
• 51:37
  Who the hell do these people think they are?
• 51:39
  Man, it's crazy. It's crazy.
• 51:41
  Anyways, Opti, what are your thoughts on this?
• 51:43
  And then we'll move on to Vendetta.
• 51:45
  Yeah, so First off I want, I really want to bring this up
• 51:49
  'cause you you talked about it, but I think it's it's even more
• 51:52
  powerful if we actually show the the phrasing here.
• 51:56
  So check out this this sentence right here.
• 52:01
  And this is again coming out of what Piero Shard was quote
• 52:06
  tweeting and shouts out the Brian Jack Jack out, I don't
• 52:10
  know, on Twitter, Sorry bro. This is in their own writing and
• 52:13
  Nico has been saying it for a while and you know we've been
• 52:17
  speculating that this is the case.
• 52:19
  And we didn't really have the smoking gun yet for a while.
• 52:23
  But we could see the writing on the wall and we can see that
• 52:25
  this is the angle that was being taken.
• 52:28
  And then you have this just one simple sentence here and it
• 52:31
  really exposes the game going on.
• 52:33
  Again, Bitcoin exposes the truth and it goes.
• 52:36
  An excise tax on electricity usage by digital asset miners
• 52:39
  could reduce mining activity along with its associated
• 52:42
  environmental impacts and other harms.
• 52:44
  And you can actually see in their own writing that they want
• 52:49
  to basically stop you from from mining Bitcoin in America.
• 52:52
  And again, we say it all the time.
• 52:54
  You can't ban Bitcoin, You can only ban yourself from Bitcoin.
• 52:58
  And it just goes to show how terrified the people in power
• 53:00
  are of what Bitcoin does. And you know, for a while there,
• 53:04
  I know a lot of us bitcoins, we're talking about the ideas
• 53:06
  like, oh, they just don't know what's going on.
• 53:08
  They don't understand the technology.
• 53:10
  It's becoming very clear, at least in the last year, like
• 53:14
  with with a lot of evidence and a lot of receipts to prove our
• 53:18
  point, that they know exactly what the game is and we can no
• 53:21
  longer just, you know, point and be like, oh, these naive
• 53:24
  politicians, they don't understand what's going on.
• 53:26
  No, they fully understand what's going on.
• 53:28
  They fully understand that the dollar has been weaponized, that
• 53:32
  it is a main mechanism for control.
• 53:36
  It is what Larry Fink say, you know, the main forcing function
• 53:40
  to force behaviors to what we want them to do.
• 53:43
  And now we have Bitcoin. And you can see that there is a
• 53:45
  battleground on information right now.
• 53:48
  And obviously it is Bitcoin or it is slavery.
• 53:52
  You know, we say it all the time.
• 53:53
  It's Bitcoin or CBDC. And if you're against Bitcoin,
• 53:56
  then you are against freedom, as we say all the time.
• 53:59
  And now we constantly have concrete examples of the
• 54:03
  establishments fighting Bitcoin because they don't want you to
• 54:06
  escape the Fiat monetary system, the Fiat slavery system.
• 54:10
  And this just constantly gets proven over and over and over
• 54:13
  again that the powers that be want you enslaved in the Fiat
• 54:17
  system. They want to be able to steal
• 54:19
  your value from you. The dollar has been weaponized
• 54:22
  and now we have an alternative and it is Bitcoin.
• 54:24
  And This is why you see the propaganda wings that are the
• 54:27
  quote UN quote mainstream media AKA the corporate press come out
• 54:31
  and attack Bitcoin. This is why you constantly see
• 54:34
  the the legacy media come out and spud Bitcoin as much as
• 54:39
  possible. And of course, why we saw for
• 54:42
  over a decade now of them blaming Bitcoin for
• 54:46
  environmental disasters. Remember they said we're going
• 54:48
  to boil the oceans and then we're going to use too much, too
• 54:51
  much water. And you know, all of the flood
• 54:55
  lines that that have thoroughly been destroyed.
• 54:57
  Now we know exactly in concrete in their own words what it is
• 55:01
  they want to try to stop Bitcoin.
• 55:02
  And of course they can't stop Bitcoin.
• 55:04
  They can only really hurt themselves.
• 55:06
  And good thing, you know, good thing Bitcoin is a global
• 55:09
  phenomenon. So hey, if you want to shoot
• 55:11
  yourselves in foot and your citizens in the foot, well,
• 55:14
  Bitcoin will just be proliferated globally,
• 55:16
  worldwide, and this can't be stopped.
• 55:18
  I think it's a little too late for them, but I do never, I do
• 55:23
  not ever want to underestimate the willingness of the powers
• 55:28
  that be to try to stamp down freedom and revolution.
• 55:31
  And of course, This is why they actively attack Bitcoin.
• 55:34
  I've said for a while last year that they won't directly attack
• 55:36
  Bitcoin. They'll find ways to attack
• 55:39
  Bitcoin and Nico brought them up.
• 55:40
  You know, Choke .2 Point O. We see that come after Bitcoin
• 55:43
  mining. We're seeing them try to KYC
• 55:47
  wallets, which makes absolutely no sense.
• 55:49
  So again I always say this and and to get a little more
• 55:52
  optimistic towards the end when I see stuff like this, it just
• 55:55
  makes me know that what we're doing here at Bitcoin is the way
• 55:59
  it is. The truth, it is the light.
• 56:00
  It's going to usher us into a better world and this is when we
• 56:04
  take our stance and we stack our stats, we take them off
• 56:07
  exchanges and we just watch the clown world literally devour
• 56:11
  itself. This is what's going on.
• 56:13
  Not only are they attacking your freedoms, but they're attacking
• 56:17
  their own credibility. Because once you understand
• 56:19
  Bitcoin and you understand that basically all media is a lie,
• 56:23
  you can better assess just how much ridiculous nonsense comes
• 56:28
  out of the media And all of these people and the fact that
• 56:31
  they're literally lying every single day, 24/7, 365, and
• 56:35
  pretty much anything coming out from them.
• 56:38
  If you if you do the opposite, like the meme goes, if you do
• 56:40
  the opposite of what the government tells you, you're
• 56:41
  going to be living a better, happier, most prosperous life.
• 56:45
  And now we're seeing this play out in real time.
• 56:48
  And it's just so it's so much fun being a bit corner.
• 56:51
  This is why being a bit corner is the best thing ever, because
• 56:53
  like, you have the solution and you can watch clown world play
• 56:56
  out in real time. You're like man, it's so good
• 56:59
  being a Bitcoin. Even me and me and Vendetta were
• 57:01
  having this conversation before the show.
• 57:03
  It's like man, this year, this year might get very spicy and
• 57:08
  here we are as bitcoiners just like living a better life.
• 57:11
  And I This is why I think just propagating the Bitcoin memes as
• 57:15
  like this improves your life. Is is way better than just fear
• 57:18
  mongering that oh you know, bad big boogeyman's coming after you
• 57:22
  even though he is. We have a better world.
• 57:25
  It's like hey don't you want to live a better life?
• 57:27
  I think I think that's a way more eloquent incentive for
• 57:32
  people. It's like your life sucks live a
• 57:34
  better life with Bitcoin and they're actively trying to
• 57:38
  stifle Bitcoin and and we just constantly bring the receipt.
• 57:41
  So it's just it's just so awesome man.
• 57:43
  I I'm so hopeful being a bitcoiner, it's so great.
• 57:46
  Amen to that. Amen to that, Vendetta.
• 57:48
  What's your take on this? And then we'll move on to the
• 57:49
  culture to focus on the Bitcoin way.
• 57:53
  Yeah, man, absolutely. We are living in an incomplete
• 57:55
  lunacy and I remain very bullish and optimistic on the future
• 57:59
  because despite all of this, you know, I mean Bitcoin was
• 58:02
  created, you know, by the people, for the people.
• 58:04
  And you know, I am one of always been, you know, you know with
• 58:08
  the people. So as long as you have you, you,
• 58:11
  you refresh your brain to think you know that everything that
• 58:15
  you've thought you've known, everything you've been taught,
• 58:18
  is complete nonsense and you're willing to unlearn.
• 58:22
  I'll learn that troubish and relearn the truth and accept
• 58:24
  that you are living a lie for your entire life.
• 58:28
  Government is not, you know, is not what you've been told.
• 58:31
  It is. These are not good people.
• 58:33
  These are not people that are working in your best interest,
• 58:37
  and they're not coming to help you because they really don't
• 58:40
  give a damn about you. Whether you live or die, you
• 58:42
  know clearly. So if you don't take measures
• 58:45
  into your own hand to protect yourself and your own and your
• 58:48
  own interest and your own family, while not no no one's
• 58:51
  coming to save you, Bitcoin, in my opinion, is the eighth wonder
• 58:56
  of the world in terms of innovations.
• 58:58
  It will eclipse the Internet and electricity combined.
• 59:01
  It is an unstoppable force. Nothing can stop it.
• 59:06
  OK? You cannot stop peer-to-peer
• 59:08
  transactions. You cannot regulate peer-to-peer
• 59:10
  transactions and you certainly cannot tax peer-to-peer
• 59:14
  transactions and everything that you hear around this is pure
• 59:17
  fear mongering, OK? The only attempts that these
• 59:21
  folks have is scaring you into believing that all of this stuff
• 59:25
  is possible. Trying to stop someone claiming
• 59:28
  that they can stop peer-to-peer transaction is as retarded as
• 59:31
  saying I'm going to stop the wind from blowing that you have
• 59:34
  to be an utter moron to even, you know, consider something
• 59:37
  like this an even bigger one, to actually believe it's true.
• 59:40
  It cannot happen. They could have maybe killed
• 59:43
  Bitcoin in its first years in 2000 and nine 2010 when was
• 59:47
  first born, if they were paying attention.
• 59:49
  But they didn't. It went unnoticed.
• 59:51
  They laughed at it. They called it geek money.
• 59:53
  Whatever it is now, it's too late now.
• 59:56
  It's decentralized beyond the point of no return.
• 59:59
  It is freedom money. It is the only hope for anyone
• 1:00:03
  with any self dignity and value to protect themselves with.
• 1:00:07
  And this, in my opinion, is not optional.
• 1:00:11
  You know I mean if unless you want to live a life of a slave
• 1:00:14
  do nothing. But if you have any form of you
• 1:00:18
  know self value you will opt out of this of this madness.
• 1:00:24
  Amen. Amen.
• 1:00:25
  Opti Someone said that we have the air horns that definitely
• 1:00:29
  deserves it and I also want to we have re enabled these super
• 1:00:34
  chats by popular requests. So anytime you guys drop us a
• 1:00:38
  super chat we will read it live on air.
• 1:00:41
  So first one from vague. I think we reenabled them
• 1:00:44
  yesterday chat. Vague.
• 1:00:46
  First one in a while we listen to you guys.
• 1:00:48
  You guys are telling us about it.
• 1:00:49
  So we have reenabled Super Chats.
• 1:00:51
  If you guys want to support the show, you guys can send the
• 1:00:53
  Super chat on YouTube. So anyways by J by vague he says
• 1:00:56
  super Chat. The $10.
• 1:00:58
  Thank you bro, appreciate it. I've got a fever and the only
• 1:01:01
  cure is more simply Bitcoin and I appreciate that.
• 1:01:05
  I appreciate. It wait, wait and I'm getting
• 1:01:06
  trolled, shouts out the wine. It gives $2.00 opti smells.
• 1:01:12
  Oh my God. All right, guys.
• 1:01:13
  So before we move on to the culture, I do want to give a
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  All right, everybody, let's get to the culture.
• 1:01:54
  We have a lot to talk about. Let's check it out.
• 1:01:58
  The Daily Culture. All right everybody.
• 1:02:07
  I also want to give a shout out to our sponsor, Bitcoin
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• 1:02:29
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  orange pillar. It's an absolute beast of a
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  Amazon where you guys could buy yourself a copy.
• 1:02:58
  Anyways guys, I'm really excited about today's episode.
• 1:03:01
  We have Vendetta back on the show.
• 1:03:05
  I'm going to use his his his online personality name because
• 1:03:08
  it's absolutely badass and let's talk about this.
• 1:03:14
  So this the Bitcoin way. By the way, guys is a sponsor of
• 1:03:18
  Simply Bitcoin, but simply Bitcoin originals.
• 1:03:20
  If you guys have been checking out Ruston's content, highly,
• 1:03:23
  highly recommend it. His videos blow the F up.
• 1:03:27
  But we we, we like to bring him on to simply Bitcoin live and we
• 1:03:31
  like to talk about what they do, what it is they offer, right.
• 1:03:35
  So the Bitcoin way, the way that I see it, it is your personal IT
• 1:03:39
  representative in the Bitcoin space, right?
• 1:03:43
  Says it right there on the website.
• 1:03:44
  Go up Opti for a SEC. It says master Bitcoin self
• 1:03:47
  custody. That's right guys, if you have
• 1:03:49
  an issue with self custody, if you don't know how to do it, if
• 1:03:52
  it if it feels too daunting, go check out the Bitcoin way.
• 1:03:56
  If you want to set up your own personal Bitcoin node, the guys
• 1:04:01
  at The Bitcoin way have your back.
• 1:04:03
  What about if you hold a large sum of Bitcoin and you want to
• 1:04:07
  do multi sig right? The guys at The Bitcoin Way
• 1:04:11
  could show you how to do it yourself right?
• 1:04:13
  So that's what these guys are for.
• 1:04:15
  These guys will help you to achieve true financial
• 1:04:19
  independence by properly taking advantage of the tools and the
• 1:04:23
  capabilities that Bitcoin gives to you.
• 1:04:26
  Anyways, did I miss anything vendetta?
• 1:04:29
  But that is my personal interpretation of what you guys
• 1:04:32
  do at the Bitcoin way. You guys are enabling thousands
• 1:04:36
  and hopefully millions of individuals all around the world
• 1:04:40
  to take back financial sovereignty using Bitcoin.
• 1:04:43
  Absolutely spot on. We are removing the anxiety
• 1:04:46
  normally associated with the technical aspects of Bitcoin
• 1:04:50
  self custody and making it very well known that anyone can do
• 1:04:54
  this. It is not beyond the
• 1:04:56
  comprehension of anyone. No matter how old you are and no
• 1:04:58
  matter what your technical background is, we will hand hold
• 1:05:01
  you to the entire process. We have an onboarding procedure
• 1:05:06
  that we usually start with to establish your foundation and
• 1:05:08
  once that's in place, you know we can easily scale into some of
• 1:05:11
  the more advanced stuff like teaching you how to buy, no KYC,
• 1:05:14
  Bitcoin, multi sig, inheritance planning, you know integrating
• 1:05:17
  into your business and all of that other stuff anyone can do.
• 1:05:21
  Bitcoin self custody. It is the only way to properly
• 1:05:25
  own your money. There is no alternative.
• 1:05:27
  There is no work around, there is no convenience.
• 1:05:29
  If you don't have 100% control of your keys, you have hot air
• 1:05:34
  and that this is what we help you do.
• 1:05:36
  You know to go from point A to point B very easily.
• 1:05:40
  And we are on standby 24/7 all year round on remote support.
• 1:05:44
  Because at the end of the day, what a lot of people seem to
• 1:05:47
  forget is that Bitcoin is technology first, money second,
• 1:05:52
  you know. But everybody so focused on the
• 1:05:53
  money that they forget that if the tech is not accounted for,
• 1:05:56
  well then you're putting your money at risk.
• 1:05:59
  And this is, you know why we've put the team together in order
• 1:06:02
  to to assist in that regard. 100% Amen to that.
• 1:06:08
  Amen to that. OK.
• 1:06:09
  So let's, let's, let's make it a little bit more screen like
• 1:06:13
  that. So we have more real estate.
• 1:06:15
  OK. So let's talk about that for a
• 1:06:18
  SEC. So let's walk through the
• 1:06:19
  process. So say that I'm a, you know I'm
• 1:06:24
  a middle-aged gentlemen. Let's say I'm in my 50s, my 60s.
• 1:06:28
  I've spent the majority of my life in the Fiat matrix and you
• 1:06:32
  know they they tuned into simply Bitcoin for whatever reason.
• 1:06:35
  You're like these these guys are crazy but they're right.
• 1:06:37
  Like we we we have to like have to take self custody of my
• 1:06:41
  Bitcoin. But it's like these guys are
• 1:06:43
  showing off you know these fancy hardware wallets, I don't know
• 1:06:46
  what to do. So you know, and we point them
• 1:06:49
  in the direction of the Bitcoin way and what is the onboarding
• 1:06:52
  process? So you guys, on the very front
• 1:06:55
  of your website, it says book of free consultation.
• 1:06:57
  What is that process like? The first welcome call is a free
• 1:07:01
  call for anyone we get to know. You see where you're at, see if
• 1:07:04
  you have anything Bitcoin related, like if you actually
• 1:07:06
  own Bitcoin, if you do, you know where you how are you storing
• 1:07:10
  it, what are you doing with it. And based on that conversation,
• 1:07:13
  we assess you know, whether your setup is is OK or if it can be
• 1:07:16
  significantly improved. We are, you know, very focused
• 1:07:21
  on making sure that your hardware is is accounted for.
• 1:07:24
  For example, one of the first questions we ask is what
• 1:07:27
  computer are you using? How old is it in?
• 1:07:29
  What shape is it at? Because you know, since you're
• 1:07:31
  using Bitcoin on a computer, you want to make sure that that
• 1:07:34
  aspect of things is is clean. You know it's is is optimal.
• 1:07:38
  We only deal with open source and verifiable source projects.
• 1:07:42
  We only make recommendations. We don't sell anything
• 1:07:44
  ourselves. Any projects that we find out
• 1:07:49
  breaks the Bitcoin ethos with regards to, for example,
• 1:07:51
  supporting censorship or working with chain analysis, we
• 1:07:54
  disqualify immediately. There are no shortcuts as far as
• 1:07:57
  we're concerned. You know, we do things in the
• 1:07:59
  way they're supposed to be done with.
• 1:08:01
  We deploy over 25 years of cyber security and encryption know how
• 1:08:05
  into every console so that you know, all the elements that
• 1:08:09
  interface with Bitcoin are also accounted for.
• 1:08:12
  You know, we can configure routers, firewalls, networks and
• 1:08:15
  more and more these days. You know, people have come to us
• 1:08:19
  with IT questions once they're, you know, Bitcoin Foundation is
• 1:08:23
  is put in place and we we ensure that, you know, all of these
• 1:08:27
  things are always fine-tuned 365 days a year because we're
• 1:08:31
  protecting money at this point, right?
• 1:08:33
  It's no longer. It's no longer something we can
• 1:08:36
  take casually. It's something that we are very
• 1:08:38
  OCD about and you know, are religious about making sure that
• 1:08:42
  it's never compromised by keeping the probabilities of an
• 1:08:45
  error as close to 0 as possible. So education is key.
• 1:08:48
  We provide tons of that, tons of hand holding.
• 1:08:52
  We create private groups with all our consults.
• 1:08:56
  If you wake up in the middle of the night, you know with a
• 1:08:58
  question or a panic attack, you can drop a question to one of
• 1:09:00
  our team members. Someone's always there on
• 1:09:03
  standby to to reply to you. So this is, this is like we're
• 1:09:07
  very involved and there's a lot more coming our way.
• 1:09:10
  We're trying to assist. You know, many organizations
• 1:09:13
  push out education, ensure that their products are properly
• 1:09:17
  backed up when their clients come to them.
• 1:09:19
  Like, for example, if you've never bought Bitcoin, you know
• 1:09:21
  we guide you through the process above.
• 1:09:23
  Where to go buy it, how to buy it from there?
• 1:09:25
  But more importantly, how to pull it out and bring it into
• 1:09:28
  your own control once you do buy it, so that you're not caught
• 1:09:32
  off guard one day by some fluke event that leads to potential
• 1:09:36
  loss. Yeah 100%.
• 1:09:38
  No. And I love that man.
• 1:09:40
  And you guys are really facilitating, you really got you
• 1:09:45
  guys are enabling individuals no matter what their background is
• 1:09:49
  or what their technological know how in order to achieve true
• 1:09:54
  financial sovereignty and independence.
• 1:09:56
  And I absolutely love that. So it's really, really awesome
• 1:10:00
  what you guys are doing. And again guys, I can't
• 1:10:02
  emphasize this enough, we are very, very, very picky on who we
• 1:10:06
  choose to partner with and who we choose to take up on as
• 1:10:11
  sponsors. And I think the, you know, the
• 1:10:14
  the boys over at the Bitcoin Way are doing an incredible job
• 1:10:17
  providing that service for individuals that perhaps aren't
• 1:10:21
  even aware. You know, like perhaps they run
• 1:10:23
  into simply and they're just like you know these guys are
• 1:10:26
  talking about self custody and I own an ETF.
• 1:10:30
  So Speaking of an ETFI, saw a chat in the comment of Vendetta.
• 1:10:33
  What do you think about the ETF man?
• 1:10:35
  Don't do it, man. Don't do it.
• 1:10:39
  It's a it's a trap. The ETFs are definitely good for
• 1:10:43
  bringing mass attention to it, to Bitcoin, but it is the
• 1:10:47
  farthest thing from Bitcoin. You know, it's a it's an it's an
• 1:10:51
  illusion and a mirage of holding Bitcoin.
• 1:10:53
  All you have is exposure to it, but any gains you make are
• 1:10:57
  completely Fiat, you know, So hopefully the attention it
• 1:11:01
  brings on all the money that's coming in, you know, will lead
• 1:11:04
  at least some folks that have initially gotten their feet wet
• 1:11:08
  in an ETF to ask more questions and eventually figure out that
• 1:11:12
  they're actually holding nothing and to opt out into proper,
• 1:11:16
  proper self custody. What intentions are behind these
• 1:11:21
  ETFs, You know? Only time will tell.
• 1:11:23
  I personally don't trust them, but I I, you know, I'm reassured
• 1:11:29
  in the fact that Bitcoin is cannot be controlled by anyone.
• 1:11:32
  So whatever their intentions are, no matter how much of it
• 1:11:36
  they own, no matter what they try to do, you know at the end
• 1:11:39
  of the day there's not much they can in order to to to break the
• 1:11:43
  system, to corrupt the system. If they want a hard fork it and
• 1:11:46
  make that retarded decision while they're going to pay the
• 1:11:48
  price, you know, the the the the hard way.
• 1:11:51
  So all these questions that come to us, I'm not really worried
• 1:11:55
  about this. You know, if you understand
• 1:11:57
  Bitcoin properly and how it's put together and how to use it
• 1:12:00
  and self custody or funds properly, nothing will faze you.
• 1:12:03
  You'll sleep well at night no matter what's happening on the
• 1:12:05
  outside and we empower any individual that wants to help
• 1:12:09
  themselves get get to that point.
• 1:12:12
  And just and just in case anybody was curious, most of the
• 1:12:16
  folks that we consult with are mid to late 50s and above well
• 1:12:21
  into their 80s. So if you're thinking, and maybe
• 1:12:24
  it's not for me, or maybe I can't do this, or I am not very
• 1:12:27
  comfortable on a computer, I can reassure you that you are wrong
• 1:12:31
  and we will prove it to you by hand, holding you through the
• 1:12:34
  entire process. And once you get to the end, you
• 1:12:37
  will be very proud of yourself because you will realize that,
• 1:12:40
  hey, wait a minute, it's not that bad.
• 1:12:42
  But you know, as long as it's instructed properly and shown to
• 1:12:46
  you in, you know, in a way that makes sense, anybody can do this
• 1:12:50
  and everybody should. Yeah, beautiful, beautiful and
• 1:12:56
  no. And I completely agree guys.
• 1:12:58
  Check out the Bitcoin way if you're having trouble with self
• 1:13:01
  custody. If you're having trouble setting
• 1:13:03
  up your own node, you have any questions IT related in terms of
• 1:13:08
  what what hardware you're wearing or what hardware you are
• 1:13:12
  using. Computer wise, you know your
• 1:13:15
  Internet security. I heard you mentioned firewall.
• 1:13:18
  Definitely check out the bitcoinway.com.
• 1:13:21
  Anyways, Vendetta, it was an honor to have you on the show
• 1:13:25
  today. I'm going to borrow from one of
• 1:13:26
  Opti's lines if you have a last message to leave with our
• 1:13:32
  audience. What would it be?
• 1:13:34
  Stop being fearful. The future looks bright, but you
• 1:13:37
  have to do your part. And it starts by valuing
• 1:13:41
  yourself and your dignity and that of your family, and by
• 1:13:45
  choosing to do the right thing. OK, I mean education.
• 1:13:50
  The real education is available everywhere.
• 1:13:53
  You're not alone. There's millions of people that
• 1:13:56
  you know are willing to be part of your brotherhood and help
• 1:14:00
  out. If you need help, all you have
• 1:14:02
  to do is ask. So excuses are for the weak and
• 1:14:06
  the lazy. You don't have to be part of
• 1:14:08
  that club. If you value your freedom, if
• 1:14:10
  you value a future worth living in, please opt out.
• 1:14:16
  Consider Bitcoin for at the very least, study it.
• 1:14:19
  And if you have questions, ask. It's free.
• 1:14:25
  Love it. Beautiful.
• 1:14:27
  All right, well guys, that was our show.
• 1:14:30
  I I do want to thank Vendetta for for joining us today, guys.
• 1:14:33
  You can go follow him at V for BTC and go check out the
• 1:14:38
  bitcoinway.com. They just started making content
• 1:14:41
  as well so check them out as check out their their recent
• 1:14:44
  content. I just did an interview with
• 1:14:45
  them so that should be being that should be released pretty
• 1:14:49
  soon. Anyways guys if you enjoyed the
• 1:14:51
  show you know what to do. Smash that like button.
• 1:14:53
  Consider subscribing if you feel like we provided you value.
• 1:14:55
  But the number one thing you could do to help push the
• 1:14:58
  peaceful Bitcoin revolution is share Bitcoin content.
• 1:15:01
  Share Bitcoin media, Share Bitcoin culture, share Bitcoin
• 1:15:05
  poems, music, all of that stuff. This is how we move this
• 1:15:11
  forward. We have to win over the hearts
• 1:15:13
  and minds one individual at a time.
• 1:15:16
  Guys. Love you all and we'll see you
• 1:15:18
  tomorrow for a brand new episode of Simply Bitcoin Live.
• 1:15:21
  And we have an awesome IRL for you guys in the afternoon
• 1:15:25
  tomorrow as well with James Lavish.
• 1:15:27
  Just to be a lot of fun. All right guys, take care.
• 1:15:29
  Peace out, everybody. So it was brought to you by
• 1:15:33
  bitcoinwell.com, a Bitcoin only platform on a mission to enable
• 1:15:37
  financial independence.