Latest / Simply Bitcoin / BREAKING: IMF Reveal Their Plan to Stop Bitcoin | EP 719
Transcript
- 0:12Yo welcome to Simply Bitcoin live your number one source for
- 0:15the peaceful Bitcoin Revolution code.
- 0:17Breaking news culture medic Warfare we will be your guide
- 0:19through the separation of money and state and looks like the
- 0:24state is fighting back. The IMF recent did was basically
- 0:29the end of last week within have a we didn't have time to cover
- 0:32it but they announced they announced their their worldwide
- 0:38crypto, their version of a cryptocurrency.
- 0:41It's a The coin apparently it's called the unit coin.
- 0:45Terrible terrible name. So we're going to do we're going
- 0:47to dive deep into that but one of the things that I found
- 0:50interesting though is that in the documents of this world
- 0:54coin, it actually unveiled what the policy recommendations of
- 0:59the IMF were or are better said to stop the adoption of Bitcoin
- 1:05worldwide. And we're going to dig into all
- 1:07those about like 10 policy recommendations and what you
- 1:11guys will find. Interesting.
- 1:12Is that a lot of these things are things that you know,
- 1:15specifically United States, operation, choke point to point
- 1:19O. So that sounds very very
- 1:20similar, right? And remember what the IMF did
- 1:23when it came to the conditions that they offered Argentina for
- 1:27the bailout one of those conditions was that Argentina.
- 1:30Had to ask had to had to D incentivize the adoption of
- 1:34Bitcoin, the government did and that's absolutely crazy specific
- 1:38in a country that is suffering through 99 percent inflation.
- 1:41Ation, you know. So when these people take this
- 1:43like moral High Ground of hey this is what's best for you.
- 1:47We just want monetary stability. I think it's just a bunch of
- 1:50nonsense. And remember how the IMF
- 1:53reacted, when El Salvador said that they were making Bitcoin
- 1:56legal tender right? They made a huge Ruckus.
- 2:00They said that El Salvador was going to default on its loan.
- 2:02Not only did oh Salvadore not default, they had record GDP
- 2:06growth, they have they've decreased crime to Historic
- 2:11lows, And the country is actually attracting people back
- 2:15to the country, which is a huge problem in Central America,
- 2:18people want to leave and they want to relocate to the United
- 2:21States with a state want. Op, they want more opportunity.
- 2:24People are actually going back to El Salvador and people are
- 2:27noticing this worldwide. It was mentioned on, it was
- 2:30mentioned on Tucker Carlson. It was measured on Tim pool,
- 2:34right? So people are noticing this
- 2:35experiment and I think that is really really shaking them to
- 2:40the core. Anyways, during the Culture.
- 2:42We're super excited. We have Jordan from, thank God
- 2:46for Bitcoin. They're actually throwing a
- 2:48conference around the Miami Conference that I'm actually
- 2:51speaking out where I'm really, really looking forward to it.
- 2:54And it's something that we don't really talk a lot about on this
- 2:57show, but we've mentioned it, we've hinted to it, but we are
- 2:59going to cover it during the culture.
- 3:01This is idea that Bitcoin, you know, Max Keiser has that quote,
- 3:04right? You don't change Bitcoin Bitcoin
- 3:06changes you right? And you'd have to think about
- 3:08that. My theory of the case is for
- 3:10that is simple, right? I think Fiat is fundamentally
- 3:14disconnected from reality. It's fundamentally disconnected
- 3:17from the universe and I think Bitcoin is fundamentally
- 3:20connected to the universe because it's anchored to reality
- 3:24via proof-of-work. Right?
- 3:25And I think that once you unit of account is something that is
- 3:29literally connected to reality. I think your whole outlook of
- 3:34the world changes and what I've seen the pattern that I've seen
- 3:38with bitcoiners that weren't normally.
- 3:40They weren't very Churchill people, they become spiritual
- 3:43some things there. I don't think we've quite
- 3:45pointed. We've cut quite figured it out
- 3:47yet, but I think it's a fascinating pattern that I've
- 3:50picked up on, anyways, before we start the show went to bring up
- 3:54our very special guest from thank God for Bitcoin.
- 3:56How you doing, Jordan, welcome to the show.
- 3:58Hey man, I appreciate y'all. Yeah, I'm glad to be here.
- 4:01Yeah, just thrilled to have you in Miami for the conference and
- 4:04then just to be able to be here on the show, obviously, so well,
- 4:07really, really looking forward to it.
- 4:08That's going to be one of my favorite events and obviously, I
- 4:11recommend you guys Eyes going there as well.
- 4:13Will put all the information up on screen and of course, my
- 4:17legendary co-host. Always optimistic sent me.
- 4:20An optimistic photo this morning.
- 4:21As soon as he woke up like Nico, I'm happy.
- 4:24I'm happy. That's great.
- 4:25How you doing Opti? I'm doing great.
- 4:28Well, I got a lot of rest this weekend, so I'm good to go, you
- 4:31know, I slept a little more than usual.
- 4:33So overly optimistic on Monday morning.
- 4:37But yeah, man, I'm excited for these topics first and foremost,
- 4:41you know, Hey, at least we know the IMF is laying their cards
- 4:45out on the table and we know where they want to go with this
- 4:47one. So I'm sure we're going to
- 4:49thoroughly debunked this whole thing.
- 4:51And again, it's not my style in time, you know, Bitcoin has
- 4:54Force The Narrative and they wouldn't have got to this point
- 4:58if it wasn't for Bitcoin succeeding.
- 4:59So hey hashtag. We're winning.
- 5:02Continue to win bitcoiners continue to win.
- 5:04Anyways, I'm excited for the culture today.
- 5:06This one's going to be good, but let's just get into this when
- 5:08you go absolutely. All right, everybody, let's
- 5:10start the show. Let's do this.
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- 6:43Anyways, at the time of recording, the Bitcoin price is
- 6:46twenty nine thousand, three hundred and seventy cents per
- 6:50dollar. 3405 block height 780 5828, reachable.
- 6:56Bitcoin node, 17 thousand ninety six blocks to having fifty four
- 7:00thousand, seven 172 having estimate April, 20 at 20, 24
- 7:05total, lightning network capacity, 5438 Bitcoin.
- 7:10Opacity value 159 million u.s. dollars realized monetary
- 7:14inflation 1.76 percent and the market capitalization of Bitcoin
- 7:19567 billion dollars in the grand scheme of things.
- 7:23Bitcoin is still a baby. Anyways, guys, we've been
- 7:26talking a lot about the Overton window.
- 7:28We've been talking a lot about how Bitcoin needs to break out
- 7:32of the Bitcoin Echo chamber and it needs to be discussed in
- 7:36mainstream basically needs to seep into mainstream
- 7:39consciousness. And we're seeing little, little
- 7:42little signs of that doing of that happening, right, right?
- 7:46Whether it's Tucker, which is one of the largest, you know,
- 7:49Cable News Network anchors, 3.5 million average, viewers and
- 7:53listeners per episode or Tim pool which happens to be one of
- 7:56the most popular podcasters in the world right now gets tens of
- 8:00thousands of live viewers when he does his Tim cast IRL show
- 8:04and they're mentioning Bitcoin consistently right.
- 8:07But we need more of this breakthrough because Cuz I
- 8:10really believe that Bitcoin is a great unifier.
- 8:13I think that a lot of the issues political issues that are
- 8:16happening in the u.s. right now really caused because of the
- 8:19economic hardships, that people are enduring.
- 8:22I think it's really fueling the fire, and I do believe that if
- 8:26you fix those, you fix those economic issues by using a money
- 8:32that doesn't steal from you. I really believe that a lot of
- 8:35that stuff will cool down anyway.
- 8:37So Bill Maher was talking about You know the is basically the
- 8:42environmental costs of Bitcoin mining and talking about
- 8:46environmentalism in general. And here is Ben ganyan and he is
- 8:50the chief mining officer a bit Farms which is a publicly traded
- 8:54Bitcoin mining company. And you know, he points out
- 8:58something really interesting. Actually, this tweet went viral
- 9:01and he tagged Ben McKenzie. And he says you think you're an
- 9:05expert on Bitcoin mining and energy, you wrote a book, I am
- 9:09the chief mining officer a bit Farms.
- 9:11I have done this full time for eight years in seven countries.
- 9:14Debate me anytime anywhere and I think that's what needs to
- 9:17happen. There needs to be a debate,
- 9:19right? It can't just be, you know, some
- 9:21academic that wrote the book but actually hasn't done it, right?
- 9:24Just you know talking all this since I was you say in Spanish,
- 9:27all this Miata, all this shit, right?
- 9:29This debate needs to happen. Anyways, I have the short clip
- 9:32for you guys. I'm going to play it and then
- 9:34we'll talk about it. Let's check it out.
- 9:37In 2021 Bitcoin and other cryptocurrencies used the energy
- 9:42equivalent of Argentina, the entire country, right 2 and 2 to
- 9:48mine. Guess at zero, some bullshit
- 9:53like it, right? I don't know how to express, how
- 9:56utterly useless and I can't express how mad I am at the
- 9:59younger generations for embracing this.
- 10:02Yeah. You think you're
- 10:03environmentalist and you think you care?
- 10:05You Want to get rich like everybody else.
- 10:12Okay, so I'm glad he brought up, Argentina, Argentina has 99
- 10:19percent inflation, 99 percent inflation.
- 10:23That's who it's for. That's who it's for why you guys
- 10:26are laughing and your gold castle-like.
- 10:29Uh-huh. How could you do younger
- 10:31generation? The money printing stole from
- 10:35our future. Look at the price of real
- 10:37estate. It's doubled in the last two
- 10:38years. Bitcoin is my hope Bitcoin is my
- 10:41hope for even having a future. I don't want to own nothing.
- 10:47I want to own Bitcoin and be happy.
- 10:49I don't buy into your propaganda, bullshit of your own
- 10:52nothing and be happy, that sounds like misery to me.
- 10:55So while they're laughing and they're high castle like, oh,
- 10:57this energy use, wait, what about the fact that it?
- 11:00You know? And this is what they always
- 11:02say. Right?
- 11:03Bitcoin uses isolated energy, Bitcoin uses energy that was
- 11:07already going to waste. If it was not doing that, it
- 11:10would not be economical for those miners.
- 11:12To use that said energy. It's not like Bitcoin miners are
- 11:15like plugging Okay, let's go to New York City and let's plug in
- 11:19these miners. Now we're going to plug them in.
- 11:20They're going to take electricity from everybody else.
- 11:22There'd be too expensive for Bitcoin miners so where did the
- 11:25coin miners? Go Bitcoin miners.
- 11:26Go to isolated energy Pockets because there's a huge there's a
- 11:31lot of demand. Therefore prices are cheap
- 11:35right? So it's using energy that was
- 11:38already going to waste. So this like apples to oranges
- 11:42comparison Bitcoin uses as much energy as the country of
- 11:45Argentina. What.
- 11:48Okay but what energy is that using in the first place?
- 11:51What was being you what was that energy going to be used for?
- 11:54That's never talked about it's just a talking point it's just a
- 11:57narrative. So unless people like Bill Maher
- 12:00and unlike you know, these predominant people that are, you
- 12:02know, consistently hammering home that Bitcoin wastes has all
- 12:06this energy until they actually have a Bitcoin her on the show
- 12:10to debate. That is pure 100% propaganda
- 12:14spin. They're not telling the truth.
- 12:18The New York Times is more wasteful than Bitcoin.
- 12:22Mining Bitcoin, mining provides hope.
- 12:25And it gives the ability for people specifically in the
- 12:28global South to use a money that doesn't steal from them.
- 12:32It also gives them the opportunity to transact with the
- 12:35global economy. So why isn't that talked about
- 12:38more? And I suspect it's not talked
- 12:40about more because this is propaganda.
- 12:42They're not really concerned about what the actual benefits
- 12:46of Bitcoin are. Or they're not really concerned
- 12:48about actually having those discussions.
- 12:50What they're really concerned about a selling you a narrative,
- 12:54right? And you know what, in the days
- 12:56of the internet, were just an average Joe could just spin up a
- 12:59podcast or tweets or say, whatever their ability to
- 13:02control. The narratives is greatly
- 13:04diminished diminished. So I don't think they'll be able
- 13:07to do this for very long. Anyways, I want to get Jordans
- 13:10take and then we'll move on to Opti.
- 13:12Yeah, honestly and this might surprise some people I've Loved
- 13:15Bill Maher. Like I've been Watching him for
- 13:18four years. And I just appreciate, I mean
- 13:21he's pretty equal opportunity when it comes to calling out
- 13:23people on the left and the right, and there's obviously a
- 13:25bunch of things. I don't agree with them about
- 13:27but I have appreciate, especially the last three years.
- 13:30He's been a surprising voice of Sanity as related to like, you
- 13:34know, lockdowns and all kinds of stuff like that.
- 13:38I'm just pushing back against, you know, just the accepted
- 13:40Dogma on, you know, a lot of different things.
- 13:44So, I again, I just I'm, I'm optimistic for the long.
- 13:47I'm with him, I think he's generally willing to, you know,
- 13:50he's not scared of free speech, so he's willing to have people
- 13:52from both sides on. So I'm hopeful that some point
- 13:55he'll get and I was glad scene or you know, I don't even know
- 13:58who else Michael sale or something.
- 14:01Get somebody on there, who can kind of give him some more
- 14:03perspective? I think the other reason why
- 14:05Argentina, which is a great place but not as good as
- 14:08Uruguay. Another, another reason why
- 14:11Argentina vomit away. Another reason why Argentina is
- 14:15is an ironic choice is because I would be The Wager that
- 14:18Argentina is actually using less power in a lot of places.
- 14:21Like so the fact that it uses more energy than Argentina isn't
- 14:25actually saying as much as they think that it would be saying
- 14:28because of the fact again, because of what you mentioned
- 14:30that, you know, all of these Fiat policies are killing people
- 14:33in, in Argentina's ability to have enough money to pay for
- 14:38things like electricity. I'm sure that the the ways that
- 14:40their currency has been devalued has affected that.
- 14:44So, again, I just think What you have again.
- 14:49I'm not like somebody who, you know, wants to like talk about,
- 14:52oh, the privilege, you know, all these kind of things.
- 14:53I don't bring that up all the time, but like what you, it's
- 14:55just ironic. You have a Hollywood actor and
- 14:59comedian who's got a TV show who, you know, is talking about
- 15:03these different things, you know, I just think it's, you
- 15:06know, you guys have you have guys who don't know what they're
- 15:08talking about talking about things that they don't know.
- 15:10And so when you do that, there's going to be, you know, there's
- 15:13gonna be consequences to it and it's not going to work out very
- 15:16well. Yeah, 100%.
- 15:19But I mean like this. So the but the internet has
- 15:20empowered us to fight back like this is what we're doing right
- 15:23now. You know, we're calling out the
- 15:25hypocrisy were calling out the privilege because that's really
- 15:28what it is. It's privileged, you know, it's
- 15:29like oh Bitcoin does, it was easy for you to say if you live
- 15:32in a country with develop Financial rails and a relatively
- 15:35stable Fiat, hundreds of currency is a very easy for you
- 15:38to say, man. Yep.
- 15:39But no, the vast the majority of the world does not have that
- 15:43privilege that you have and Bitcoin is perfect for them.
- 15:47Right. Yeah always know the other thing
- 15:49is just going to say is like it's easy.
- 15:50I mean again I'm sick. I'm more sympathetic to kind of,
- 15:54I mean their willingness to think it's you know to lump
- 15:56Bitcoin in with the rest of the crypto world, you know.
- 15:59Like I mean, Ben Ben raises. Some good points like he's
- 16:02correct about 99% of the crypto industry are, you know, I don't
- 16:06know if you could work out Bitcoins a larger percentage,
- 16:08then, you know, then you know, then a lot of these other things
- 16:10but again I just think it's easy to just throw out the baby with
- 16:14the bathwater. And again, there's there's good.
- 16:17And not to do that obviously, as it relates to bitcoin.
- 16:21But again, I think acknowledging acknowledging the the valid
- 16:24points to make, oh, actually, you know, while at the same time
- 16:26pointing out the blind spot. I mean, again, even if you just,
- 16:29you do look, a Bitcoin Bitcoin is not used by very many people
- 16:31around the world. This point like it's we know, 12
- 16:34percent whatever it is. So again, like I get the, you
- 16:36know, they're saying they're using the fact that Bitcoin is
- 16:39small today as a, as a way to try to just say, oh, I see it's
- 16:43worthless and that's a mistake, you know, there was a point at
- 16:45which the internet was only used by a small percentage of the
- 16:48world and if you just use the percentage using it to try to,
- 16:52you know, draw conclusions about its usefulness, you would have
- 16:54made it a category, you know, categorical are and a huge
- 16:57mistake and missed out on a lot of things as related to the
- 16:59Internet. So again, I'm more sympathetic
- 17:02to their to their weakness. Ben seems to be more of a bad
- 17:05actor. Honestly, Alex gladstein, I
- 17:08don't know if you're gonna plan on touching on this a little
- 17:10bit, but Alex basically said somebody asked hey, so is Mike
- 17:14Peterson from Bitcoin Beach responded to a That Alex had put
- 17:18out and said, hey, didn't you sit down with him at Bitcoin
- 17:212022? This past year and Alex?
- 17:24They said, yeah, but he won't release the video.
- 17:26And so again, that just seems like, again, could have been
- 17:29anything, but it seems to me. Like, if you actually want to
- 17:31know the truth, you would release that video for people to
- 17:34see the debate that they had. So again, I'm more, you know,
- 17:38Bill. Bill Maher, seems more of a, you
- 17:41know, an interested party. He just doesn't know where his
- 17:43been seems to be. There seems to be some mixed
- 17:47Ian's. I mean, Ben's out here showing
- 17:48his book, and, you know, it's number one book on Amazon and
- 17:51all these things. So, it seems like he's got some
- 17:53conflicts of interests in a way that, you know, Bill doesn't at
- 17:56this point. So yeah, 100%.
- 17:58And, you know, I just want to emphasize the fact write like
- 18:02this message needs to be pushed forward.
- 18:05People can't get stuck in the left and right.
- 18:08Yep. BS because it's not left versus
- 18:11right, it's not Red vs. Blue, it's Orange versus green,
- 18:14right? And that needs to be Pushed
- 18:17forward more and these types of debates need to happen, right?
- 18:22It bitcoiners need to understand that we need to break out of the
- 18:25Bitcoin. Echo chamber and more
- 18:28predominant mainstream figures like Bill Maher, need to be
- 18:31having these actual discussions rather than pushing, you know,
- 18:35I'll be very in, this is a harsh words, but I truly believe that.
- 18:38Like what that guy said was propaganda, like it was, it was
- 18:41narrative spin. There's a lot more nuanced there
- 18:44and that wasn't talked about right.
- 18:46Anyways, I think it's inevitable.
- 18:47Available that these types of discussions are going to be
- 18:49forced upon people. Anyways, after you got about a
- 18:51minute or two in the segment. We thought Sonic jump in real
- 18:54quick to one of Jordans point, you know?
- 18:56I also don't really like to use the framing of check your
- 18:59financial privilege but like, I think it's very fitting in this
- 19:03respect because, you know, Bill and and the other guy Ben, you
- 19:08know, they use Argentina to make their point about electricity
- 19:12used. But I have a friend in Argentina
- 19:14currently and he the stories he's telling me about The people
- 19:17suffering and the hyperinflation going on at the very moment.
- 19:21Like it's very, it's very hard not to notice the hypocrisy
- 19:24right now because like this is what Bitcoin offers, you know.
- 19:27He said that Bitcoin is utterly useless but like they used
- 19:30Argentina and it's just like of any country in the world right
- 19:34now. They are the perfect example of
- 19:36why you need to use Bitcoin. And it's very interesting that
- 19:40they use the global South in one respect to dunk on bitcoiners.
- 19:44And that very example, is one of the main shining examples of why
- 19:49people need Bitcoin. So again, I know this, we got to
- 19:52run too short, but like, the climate change movement in my
- 19:54opinion, is not a serious movement.
- 19:56It's not about saving the planet.
- 19:57It's just about, you know, a feel-good narrative to control
- 20:02Human Action and the human population so that we do not
- 20:04flourish. And again, it's just like a
- 20:06Bitcoin mean you know, the academics just found about big
- 20:09of found out about Bitcoin and they're here to fix it.
- 20:11So, you know, it's just, it's very interesting that even in
- 20:15their example of dunking on bit, Is why we're sitting here like
- 20:19like this is serious. I'm gonna I'm gonna push back a
- 20:22little bit like on the I just I just don't know how you cannot
- 20:27come to another conclusion because people have done,
- 20:29fabulous work, at least they've dedicated a lot.
- 20:33They've written papers about how a lot of these narratives
- 20:36against Bitcoin are just flat out wrong.
- 20:39And what worries me is that you see the continued.
- 20:42It's like you see the continuation of the same talking
- 20:45points over and over and over again?
- 20:47And those talking points have not evolved.
- 20:49So like I don't know how you can come to another conclusion.
- 20:53I don't know if the whole climate movement is because I
- 20:56don't, I don't have enough information to make that claim,
- 20:59but what I can make is it as if as it relates to bitcoin
- 21:02specifically, we've come up with a lot of information.
- 21:05A lot of bitcoiners of spend a lot of time writing and making
- 21:08the case for, you know, against how Bitcoin is actually helpful
- 21:13to to the Grid. It's help stabilize the grids.
- 21:17What worries me is that it falls on deaf ears, like it's the same
- 21:20talking points. Those talking points don't
- 21:22evolve which leads me to suspect would opt he's saying right?
- 21:26Like is it really about you know, is it is it truly is?
- 21:29It truly about climate change, right?
- 21:32But again you know no way to know that for sure but you know
- 21:36I don't know how you can come to another conclusion, we've been,
- 21:39we've been having these conversations for for, you know,
- 21:43at least a year or two. Now, right?
- 21:45Anyways, we're running out of time.
- 21:46Let's move. On to the next segment and we
- 21:48got a lot to talk about with this IMF World coin.
- 21:52Let's check it out. The Daily News, The Daily News
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- 23:08Like Natalie Brunell, you have BTC sessions, you have say 15,
- 23:12you have knut. You have princi, right?
- 23:14I'm on there as well. So definitely, if you know, the
- 23:17social layer, if you want to connect with other bitcoiners,
- 23:20especially locally. I recommend downloading, the
- 23:22orange pole app, don't download it today and it's Built by B
- 23:26corners for bitcoiners. Anyways, let's move on to the
- 23:28international this International Central Bank.
- 23:32Digital currency so strange. Check out this.
- 23:38PR newswire says, today at the international, monetary fund
- 23:42spring meetings 2023 the digital currency monitor monetary
- 23:45Authority, announced their official launch of an
- 23:48international Central Bank. Digital currency that
- 23:50strengthens the monetary sovereignty of participating
- 23:53central banks and complies with the Recent crypto assets, policy
- 23:57recommendations, proposed by the IMF.
- 23:59Let's check that out, right? Because it says, complies with
- 24:02the recent crypto asset policy recommendation.
- 24:04So, let's check out what those policy recommendations are,
- 24:08right? So this is a press release from
- 24:10Washington DC, February 2nd 2023 and they were kind enough to,
- 24:14you know, lay it out for us. Look, it's just the paper sets
- 24:18forth. A framework of nine elements
- 24:20that can help members develop a comprehensive consistent
- 24:24coordinated policy. Once the nine elements are
- 24:27policy actions are number one. Safeguard how you hear that
- 24:32word? Again, that freeze Safeguard
- 24:35monetary sovereignty and stability by strengthening
- 24:38monetary policy Frameworks. And here's the important part.
- 24:42Here's the kicker and do not Grant crypto assets, official
- 24:46currency, or legal status, tender status.
- 24:49The first one, I think, is the most important one out of the
- 24:52entire list, right? So it's interesting.
- 24:55Though, because I'm glad that they put that in the same
- 24:57sentence, right? So monetary sovereignty, clearly
- 25:01does not mean that coin, right? So in the eyes of them, monetary
- 25:06sovereignty, I guess it applies to Central bank's, I guess it
- 25:09applies to government's controlling money in the
- 25:11monetary policy. I'm a big fan of individual
- 25:14sovereignty through Bitcoin. Clearly.
- 25:17I don't think there are fans of this, but I just think it's
- 25:20fascinating number one. And remember the actions of the
- 25:24conditions of The bailout for Argentina, one of those
- 25:28conditions, right? Is you must stop the adoption of
- 25:32Bitcoin within the country that was one of the conditions given
- 25:35to the Argentine government in order to get the IMF bailout is
- 25:39these IMF bailouts would have would work.
- 25:41Then I think Argentina's like on number three or number four and
- 25:45not to mention the inflation rate of Argentina was reported
- 25:4899% so if the inflation rate is 99% and Bitcoin offers an option
- 25:54for the average, Argentine to save and money, that's not
- 25:57stealing from them. I don't think people understand
- 25:59what 99 percent inflation feels like, imagine going to the store
- 26:04and the prices of goods just doubling and tripling in a
- 26:08matter of a week or, you know, a week or a month.
- 26:12Like you can't live life like that.
- 26:14So is the IMF really concerned about the well-being of people
- 26:19or they really concerned about Protecting these institutions.
- 26:25And if that's the case, Then I think we need to move on from
- 26:29the IMF. I think that's really the
- 26:30important conversation that we need to be discussing anyways.
- 26:34The number to guard against excessive Capital flow
- 26:37volatility and maintain effectiveness of capital flow
- 26:40management measures. And that's really interesting.
- 26:42Remember, specifically here, at least in the United States, if
- 26:45you are to believe, you know what, what is being claimed
- 26:48about, operation choke point 2.0, right about how the current
- 26:51Administration is attempting to isolate, the industry, from the
- 26:55traditional Financial Mm, isn't that interesting that that's
- 26:58number two on this policy framework from the IMF.
- 27:01Anyways, number three, analyze and disclose Financial fiscal
- 27:05risks and adopt unambiguous tax treatment of crypto assets,
- 27:10right? And that's really interesting,
- 27:12right? Specifically the tax treatment
- 27:13of crypto assets. Here is a article from coin desk
- 27:18that just dropped and the headline for audio listeners is
- 27:21Sweden drives final nail into its Bitcoin mining industry with
- 27:27Tax hike. Ah, interesting.
- 27:29A lot of coincidences is in there anyways and again, what
- 27:34about defining, what about the fiscal risks of 99 percent
- 27:38inflation? Why is that not talked about?
- 27:40Why are they so hell-bent on rolling out, the Central Bank
- 27:44digital currencies, even though Central Bank digital currencies
- 27:47don't solve inflation. And this is why Nigeria
- 27:51specifically, which I think is honestly a foreshadowing on to
- 27:55what's going to happen for the rest of the world.
- 27:57Right? They tried to force people into
- 28:00Central Bank, digital currencies, the Central Bank,
- 28:02digital currency of Nigeria's called the E.
- 28:04Naira has very low adoption rate.
- 28:06Last time I checked the numbers was like point five percent and
- 28:09compare that to the Bitcoin adoption rate in the youth
- 28:12population. It's like 30%.
- 28:14And why is that? Well, it's basic incentives.
- 28:16Nigeria, has double digit inflation.
- 28:19What, why would I use the E? Naira.
- 28:23If I'm still dealing with double-digit inflation, when it
- 28:26comes to putting food on the table or listening to the man in
- 28:29the suit on TV, talking to you about what money you should use
- 28:32and what money you shouldn't use.
- 28:36You know, I think a lot of people are going to choose
- 28:38putting food on the table and at least here in the west, I think
- 28:41people are still asleep to this fact because we have an
- 28:44inflation rate that is not so severe that it doesn't get
- 28:48people to start asking questions about what money is in the first
- 28:51place. Anyways, the number for
- 28:53established legal certainty of crypto assets and address legal
- 28:57risks. Number five, develop and enforce
- 28:59Prudential conduct and oversight requirements to all crypto
- 29:03Market. Actors number six, establish a
- 29:06joint monitoring framework across different domestic
- 29:10agencies and authorities number. So they're telling you straight
- 29:14up, right? The CBD.
- 29:16See we want to, you know, we want to monitor it, we want to
- 29:19control it, right? But at the same time, they're
- 29:21telling you that they don't want to do that.
- 29:24Look, so the recent Twitter files that were released by Elon
- 29:27Musk, right? They released a lot of things,
- 29:30right? And at least here in the US,
- 29:32right? We're technically protected.
- 29:34Under the First Amendment, right?
- 29:36You know, free speech and whatnot, right?
- 29:37A lot of people say, okay, but Twitter is a private platform,
- 29:39that's a fair argument, right? But the thing is, is that it
- 29:43was, it was, it was revealed after the fact, when the Twitter
- 29:46files were exposed that the administration, I think it was
- 29:51both really were asking Twitter to pull down a lot of
- 29:56information. So if they're doing that with
- 29:58information, what makes you think, they're not going to do
- 30:00the same things with money? Here's a clip from Tucker.
- 30:04Allison today of an interview with Elon Musk and Tucker.
- 30:07Let's check it out. The degree to, which various
- 30:11government agencies, had effectively had full access to
- 30:15everything that was going on on Twitter.
- 30:17Blew my mind I was not aware of that.
- 30:19Would that include people's DMs. Yes, so again, right?
- 30:25So, you know, very, very clear, right?
- 30:28And and again, I think if my memory serves me correctly and I
- 30:31could be totally wrong here. I think they were specifically
- 30:34saying that they weren't doing that, which is just interesting,
- 30:38right? So, and at the same time, right?
- 30:40These are the same institutions. The same governments that want
- 30:43you to trust them, with the power of a central bank, digital
- 30:45currency, and the ability of that Central Bank, digital
- 30:48currency to basically controls, ID in a way, right?
- 30:53You know, I don't want to go down the social credit system
- 30:56rabbit hole because, you know, I don't think we have any facts to
- 30:58back that up at least here in the States but I mean, look, if
- 31:03history has shown right governments have for a long
- 31:07time, right? Abuse that power in order to
- 31:10collect protect their political moat.
- 31:12So I just don't trust them, I don't trust them with cbc's, I
- 31:15don't think and I don't think it's a good idea.
- 31:17And anyways cbc's are always going to want to do two.
- 31:20Things are always going to want to control.
- 31:22And monitor them. And most importantly, they're
- 31:24going to want to keep inflation. They're going to want to be able
- 31:28to keep deflate debasing, the money.
- 31:31That's how they're able to get away with the deficit spending
- 31:34at least in the u.s., right? The government spends, one
- 31:37trillion dollars more than it collects in tax revenue year
- 31:40over year, right? So the only way they're able to
- 31:43get away with that is with the hidden tax of inflation.
- 31:45They're able to print money, right?
- 31:47Anyways number seven establish International collaborative art
- 31:51arrangements to Supervision and enforce enforcement of crypto
- 31:55asset regulations number eight monitor the impact of crypto
- 31:59assets on the stability of the international monetary system.
- 32:02I mean, I think the last part they should change it up with
- 32:05the stability of the international monetary fund like
- 32:08they should just say international monetary fund
- 32:10because I think that's what they're talking about and number
- 32:13nine strengthen Global cooperation to develop digital
- 32:16infrastructures and alternative solutions for cross-border
- 32:20payments and finance and I think the last one number nine
- 32:23specifically is the tell that I think really makes it clear that
- 32:27Central Bank digital currencies and the development of them and
- 32:29the fact that they're rolling them out as quick and as fast as
- 32:32they are is a response to what is happening in Bitcoin, right?
- 32:37It is a response to what they're seeing is happening in Bitcoin.
- 32:41I think they want to I think they want to maintain the power
- 32:44over money. And I think that if you maintain
- 32:46the power over money, I think you can control people and I
- 32:49think governments have benefited tremendously from being able to
- 32:54control information and not only control information but also
- 32:58control money for decades and decades and decades and I think
- 33:01the internet has completely disintermediated that the
- 33:05internet has given us the ability to talk, you know
- 33:07directly to each other, you know with the Advent, you know, so
- 33:11Media, you know right now I'm talking to you guys via YouTube
- 33:14via Rumble via Twitter spaces, right?
- 33:16So we're able to circumvent these Gatekeepers of information
- 33:19and at the same time of this disintermediation, I think we're
- 33:21watching. Also the disintermediation of
- 33:24money, right? And I think it's causing chaos,
- 33:27right? Specifically for governments
- 33:29that have been able to control the use, these monopolies for
- 33:33their benefits for the longest time.
- 33:35And that actually goes to the theory of the sovereign
- 33:37individual right where they were predicting that.
- 33:40That the rise of information Technologies was going to give
- 33:45individuals freedoms of which they've never seen before their
- 33:48entire lives. There were able, they're going
- 33:50to be able to pick and choose what information sources they
- 33:53wanted to consume and what money they wanted to use.
- 33:58And I think that's what you're seeing here but you're seeing
- 34:00the old establishment the old system and put the conspiracy
- 34:04theories aside right but you're seeing the old system fight
- 34:07back, you're seeing them want to retain that power law.
- 34:11The part said it best. They want to be able to keep the
- 34:13privilege of creating money for free that everyone else has to
- 34:17work for. And I think they're willing to
- 34:19fight and remember the article from name buchelli, right?
- 34:23Don't drink. The Elite School Aids, their
- 34:25Lily, they're willing to lie smear print.
- 34:28Whatever it takes in order to maintain that privilege, right?
- 34:33So bunker down. Take Bitcoin into self custody.
- 34:36If enough people do it, we win this thing.
- 34:38There's nothing they could do about it.
- 34:39Anyways, I'm going to pass it on to To Jordan.
- 34:41First, what are your thoughts on all this, bro?
- 34:43I know I went on a little bit of a tangent here.
- 34:46This is this is interesting. This is fascinating.
- 34:48This is this is their response. This is the global CBD.
- 34:51See the unit coin is their response to bitcoin.
- 34:54This is how they think they're going to make Bitcoin go away.
- 34:57What are your thoughts, bro? Yeah, it's it's like I remember
- 35:00this is going to age me a little bit, but I remember I think
- 35:02we're, I think we're probably around the same age.
- 35:03I remember when like the Tamagotchi came out there was
- 35:06like, you know, you guys remember, Tamagotchis like these
- 35:08little, these little pets. I just remember going to Walmart
- 35:11And they had like the knockoff Tamagotchi.
- 35:13That's what I think about it. If you think about these new the
- 35:16unicorns is basically like this is, this is a sad substitute,
- 35:21you know, for Bitcoin, which is, you know, better than it in
- 35:25every single way imaginable. Not least of which is just the
- 35:28fact that it's built on, you know, Bitcoin is built on.
- 35:32Basically, everyone who's ever used Bitcoin, except for some
- 35:34folks in El Salvador, if you want to go, this route has used
- 35:37Bitcoin because they want to and so In this way, you have, it's
- 35:42always easier. I'm a parent of four kids.
- 35:45I'm a dad to for kids and so it's always easier like if my
- 35:49kids, it's it's always easier to get my kids to do something when
- 35:52they want to do it. Well then then if it's something
- 35:55that they absolutely, you know, detest and don't want to do.
- 35:57So in the very similar way with with you to coin, nobody wants
- 36:01this. No one is asking for this thing,
- 36:03it's something that's being foy's, it's being going to be
- 36:05foisted on people and so it, you know, it's not actually nobody's
- 36:09they're not actually asking for. I think it's not solving
- 36:11problems for them. It's solving problems for the,
- 36:15you know, Global Elite governments.
- 36:17These, the central bank's, it's solving problems that they have
- 36:21that they've created. It's not solving problems that
- 36:23real people have in that are looking to solve.
- 36:26Where's Bitcoins, the exact opposite of that.
- 36:29So I think that's, I mean again, the first thing that I think,
- 36:32when I hear the, when I hear, you know, talk about the IMF is,
- 36:34why am I listening to these people?
- 36:37What who, what these people have zero authority?
- 36:39Over me, why are why are people People so interested in what
- 36:41they think, they think they have authority over you bro.
- 36:44Remember remember the response to El Salvador?
- 36:47Yeah, you know, they talk about monetary sovereignty, all a lot.
- 36:50But when ya, El Salvador democratically under made
- 36:55hundreds of Bitcoin legal tender.
- 36:56They sure had a problem about that.
- 36:58So, yeah, it's it's. So, this is where I just go.
- 37:01I mean, like again, hey, I am F cry harder.
- 37:03Like again, you don't have, you know, again, this is bad because
- 37:06it's used, it's actually a bad guy saying this but big Lord of
- 37:10the Rings fan. And You have Theoden when he's
- 37:12you know like controlled by Saruman.
- 37:14He basically says the Gandalf. You have no power.
- 37:16Yeah, you know. And that's what I just think
- 37:18about. What I think about the IMF, that
- 37:19always comes to my mind is, you know, these people have zero
- 37:21power, like what do we like? We're literally, we're
- 37:24subsidizing this power that they're trying to give
- 37:27themselves by paying attention to them.
- 37:29So, on the one hand, I'm like, we should largely ignore these
- 37:32people. Another thing that I that I just
- 37:35never thought that I have related to, this has to do with
- 37:37unique 0, because we are announcing here on the air live.
- 37:41That you are going to be interviewing Alex gladstein at
- 37:44tgf-b 23. And so the primary topic that
- 37:48you're going to be talking about is the IMF the role of the IMF
- 37:51and how they pimp the poor pimp, the poor all over the world to
- 37:56serve the interests of you know, first world Nations like the
- 37:59United States like Europe. They use them to get their
- 38:03resources and so again this is gonna be something that we know
- 38:06is very important within the larger tgf-b.
- 38:10Unity. You have you know, people
- 38:13within, you know, within the broader Christian world, even
- 38:15Christians controlled the vet. I mean, it's over. 50% of the
- 38:18world's least again Christians on paper control over fifty
- 38:21percent of the world's wealth. And so you have people who are
- 38:24giving to Charities and giving to nonprofits all over the
- 38:27world. You have people who are
- 38:28incredibly invested in care about, you know, poor people and
- 38:31their plight and all kinds of stuff.
- 38:33And so we want to shine a light in your going to be help, you
- 38:36know part of helping us shine a light on, you know, the ugly
- 38:39reality of who they The IMF is and what they're doing around
- 38:42the world. So that's one thing, you know,
- 38:45we're super, glad to have you with us and hope you will be
- 38:48looking forward to that super hyped, bro.
- 38:51I'm super hyped for that. I hope I do you guys proud.
- 38:54I was watching. I was watching your interview
- 38:56with him the other day. So I was like, hey man, These
- 38:58Guys. These are you know, this is old
- 39:00hat for them, so this be good again.
- 39:02The other thing that I think about when I think about again,
- 39:05this has to do with the same question, like why should I be
- 39:07listening? These people is one of the
- 39:09things that has happened. As a result of Fiat, which just
- 39:12basically gives governments unlimited power.
- 39:15It functionally allows governments and central banks to
- 39:17make themselves gods. And so, you know, again as a
- 39:21Christian and, you know, there's lots of other people who would,
- 39:24who would object to this. But as a Christian, I believe
- 39:26there's one God and it's not, you know, it's not this group of
- 39:29people, it's not your government.
- 39:31And so again so my it's bringing up what Bitcoin does and what
- 39:36you kind of you were referencing the beginning.
- 39:37What Bitcoin does is it brings up all these, all these The
- 39:41important questions that Fiat is kind of shoved to the side.
- 39:44In the name of just, you know, raw power wins.
- 39:47This is what Fiat enables is, just whoever enables governments
- 39:50to be, you know, unlimitedly powerful and allows them to do
- 39:53whatever they want. But as that as that system,
- 39:55inevitably fails the, you have these questions that just come
- 39:59up in that start to be asked by people who are suffering the
- 40:03consequences of these bad policies.
- 40:05And this question just are super fundamental.
- 40:07One of them is, what is money, you know, like, I don't know if
- 40:11we think about this like we look at if you look around at the
- 40:13world right now you have identity crisis everywhere you
- 40:17know we don't know what anything is, we don't know what men are.
- 40:20We don't know what women are. We don't know what money you
- 40:21know like most people don't know what money is.
- 40:23We don't know what governments are.
- 40:24We don't know. I mean you have all these people
- 40:26who we just have lost we've lost sight of in Lost like the
- 40:31ability to Define what things actually are.
- 40:35And so I think again you know, we talked about what is money
- 40:37and how thinking about in Examining that question has been
- 40:42so revolutionary for so many of us especially who are in Bitcoin
- 40:45that question trying to Define what that what the answer that
- 40:49question is been revolutionary. I think another one this is
- 40:52coming right now and it's already been happening in, you
- 40:55know, people within like the and cap movement and you know, it's
- 40:57not that this thing is like brand-new but just the amount of
- 40:59people who are asking these questions are just in, are still
- 41:02incredibly small. Which is, what is the role of
- 41:05government. You know, why does government
- 41:07exists? What are the limits to their
- 41:09power? And so like right now, I mean
- 41:12you just have a thing where, you know, 50 or 100 elected
- 41:16officials sitting in an office sitting in a room and watching
- 41:19the DC can decide anything and most people just go along with
- 41:22it. Oh well, you know, they passed
- 41:23the law and if you have an understanding of Law and you
- 41:28know, government that just says anything that 100 old people
- 41:32agree. On is now binding on you know,
- 41:35as now Any on me, no matter what it is, no matter how bad it is,
- 41:38no matter how, you know, how much it hurts people.
- 41:41Like, you have a faulty view of what governance is.
- 41:44And so I think this is again, Bitcoin is we always we talk
- 41:47about Bitcoin being a revolutionary technology and I
- 41:51understand the context in which that's used, but it's also a
- 41:54revolutionary technology in a number of other ways because
- 41:57money is always, money is always a political you can't.
- 42:03I'm going to get pushed back in this maybe but like you can't
- 42:05have honey, that's not political, because money is tied
- 42:08to power. You know, whoever makes money
- 42:11is, you know, wherever money is made gives power to the group of
- 42:15people who are making it. And so again, yeah, you come up
- 42:20with these issues. I think have being able to have
- 42:23principled philosophically consistent answers to these
- 42:27questions of something as basic as what is government.
- 42:30These are the questions that we're going to be answering, you
- 42:32know, over the next decade, few decades, whatever it is as whole
- 42:35yacht. And We fails and, you know,
- 42:37implodes, you know, you're going to have two, people are going to
- 42:41be asking these, and they're going to be trying to figure out
- 42:45through resistance through, you know, debates through all these
- 42:48different kind of ways of like, where does the government
- 42:52Authority originated? Where does it come from?
- 42:55And so, yeah, that's just another thing.
- 42:57I just think I'm looking for those conversations.
- 42:59I'm, it's going to I think things are going to get me do
- 43:01much worse before they get better, but I think it's
- 43:04necessary. It's necessary that Bad ideas,
- 43:07which is our, you know, that's what we're seeing right now.
- 43:09We see bad ideas. We see all kinds of horribly
- 43:12unjust laws, being passed and put into place and it's going to
- 43:16have to get to a place where people really suffer more.
- 43:19I feel like before they realize wait a second.
- 43:20What are we doing again? You know, every nobody wants to
- 43:23sit around and have these philosophical conversations.
- 43:25They seem very impractical and like a waste of time, but
- 43:28reality actions, have no ideas have consequences.
- 43:31Yeah. And I think to be fair, right?
- 43:33Is like, you couldn't make so I I think that before Bitcoin it
- 43:38wasn't like I think that was the best model you can make that
- 43:40argument, but I think that you can't make that argument in good
- 43:44faith. Now I think we just have a
- 43:45better system and it because we have a better system it kind of
- 43:48shines, this light upon this basically the nation state model
- 43:54had that has been around since the Nepal Napoleonic era and
- 43:58you're just looking at it. You're like, hmm, wait a second,
- 44:01you know? And and one of the beautiful
- 44:03things about Bitcoin is that I See it and in Jordan it puts a
- 44:08lot of like hope in my heart right.
- 44:10Which is it's a unifier right? You have whether the different
- 44:14faiths or someone who's atheist or sometimes whatever Bitcoin is
- 44:17it unifies them right now, brings them together and now
- 44:20they speak a Common Language. And I think Politics the way
- 44:24that they're currently structured, doesn't do that
- 44:26effectively, right? He kind of liked it, it is like
- 44:30fuels the flame, right? And then politicians are just
- 44:33not incentivized to do good by their constituents.
- 44:36Stir incentivize actually to get into close proximity to the
- 44:39money printer. Richard just messes up the
- 44:41entire system down. His bitcoiners were looking at
- 44:44this and we're just like this. So Antiquated, this is so old
- 44:47Opti. You want to do a quick take
- 44:49before, I got a quick one, I got I'm quick on this one, like
- 44:52personally, I really appreciate the IMF being this transparent
- 44:55because it's all about control, you know it plain as day, the
- 44:59IMs said it themselves in those nine elements, you know it just
- 45:02shows that the unproductive class is scheming to have a
- 45:06Global coordinated attack on bitcoin.
- 45:08They call it an internal collaborative Arrangement, you
- 45:11know, they call it oversight and Frameworks.
- 45:13I call it clamoring for control. But you know what do I always
- 45:16say? You can't ban Bitcoin, you can
- 45:18only ban yourself from Bitcoin. So, the amount of word salads
- 45:20that we just read from the IMF is absolutely amazing and the
- 45:25mental gymnastics that we just saw on display to not endorse.
- 45:29Bitcoin again, is absolutely amazing like Bitcoin fixes this,
- 45:34what do we say all the time Bitcoin is forced to narrow Of,
- 45:36and this is the only reason why they are, you know, on the back
- 45:39end trying to issue something that kind of resembles Bitcoin,
- 45:43but it is really not Bitcoin, but it's something that just
- 45:45continuously perpetuates, the Fiat system that we are part of.
- 45:49And again, you know, I've been saying for a while I can't wait
- 45:52till more politician to more of the unproductive class comes
- 45:55out. This transparently and tells us
- 45:56exactly what we all know, they want to control you, they want
- 45:59to control everything about you and it's not about your personal
- 46:03protections. It's literally always about
- 46:05control. Reread those nine elements one
- 46:07more time and with that framing you'll hear exactly what I
- 46:10heard. Oh they trying to control you
- 46:12and they're trying to do it in a way with like hey citizen trust
- 46:15us, we know what's best. I just I just don't know like
- 46:17and again like I don't want to be so black and white Opti I
- 46:21just don't know how you can come to another conclusion like after
- 46:23reading that and it is just goes to a very simple question that I
- 46:27think we need to be asking right you know as World citizens As
- 46:30Americans why are we being forced to use money that steals
- 46:34from us? Why are we being forced money?
- 46:36Loses purchasing power over time and I don't think I think that
- 46:39question right there is undefensible.
- 46:42I don't think they have an answer for that, which is why I
- 46:44believe they're avoiding it completely and they're just
- 46:46talking about efficiency of payments.
- 46:48And, you know, we need a digital payment but they're they're
- 46:50avoiding the inflation question altogether and I think that's
- 46:53really what we need to highlight.
- 46:55And while we highlight that, I think it's really gonna really
- 46:59going to bring some things up. That they don't want brought up
- 47:02anyways. Everybody, let's get to the
- 47:03culture, let's do this really, really excited.
- 47:06To talk about the thank God for Bitcoin conference.
- 47:08Check it out. The daily culture brought to you
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- 48:17I'll put you in contact with the person that will be happy to
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- 48:24Anyways, Opti, it's all yours, my friend, let's go.
- 48:27All right, oops. All right, so one of the things
- 48:29we always say, here on the show is Bitcoin, it is for everyone.
- 48:32It's, I think one of our main mantras on the show, but I don't
- 48:36think that that excludes the idea of niching down the Bitcoin
- 48:38message, so specific groups of people.
- 48:40Stan Bitcoin better and we got Jordan here.
- 48:43So, on a high level of Jordan, what is it?
- 48:45Thank God for Bitcoin. What are you guys trying to do?
- 48:48You kind of touched on it earlier?
- 48:49But let's do a little recap and then we'll talk about the
- 48:51conference and I got one special question for you at the end.
- 48:54So I'm excited for this one. Okay, yeah.
- 48:57So basically man again appreciate you guys having us on
- 48:59basically thank God for Bitcoin came came out of a book that I
- 49:03wrote along with Jimmy song and Robert Breedlove and Lyle Pratt.
- 49:07Who's the founder of vida, vida live.
- 49:10And then a Bunch of other people George McHale from Bitcoin
- 49:12magazine, bunch of other guys. We wrote the book during the
- 49:17lockdown 2022 or sorry like that 2020.
- 49:20Book released early early 2021 and you know got way better
- 49:25reception than then we were imagined it was going to have.
- 49:28Again, we just were like hey you know, we think this is
- 49:30interesting and and then my favorite, my favorite tidbit
- 49:35from the first two months of the book was out.
- 49:37Our book came out the same week as the book by the pope and our
- 49:40book was out. Selling the Pope's Buck we were
- 49:41like take that Pope. So so we were joking about that
- 49:46but but yeah. So basically we ended up another
- 49:48year later. We ended up founding basically
- 49:51tgf-b media basically to create resources for again, largely.
- 49:57You're talking Christian churches, you're talking, you
- 50:01know, nonprofits, Christian education.
- 50:03Again, you have all kinds of nonprofits Charities.
- 50:07I mean, just again, the in within the United States alone,
- 50:10you're talking About tens of billions of dollars.
- 50:12If not, you know, if that a hundred billion dollars of money
- 50:16and these people are doing some of the most important work in
- 50:18the world, having people all over the place but with every
- 50:20day that goes by their money, they're able to accomplish less
- 50:23and less of that of that work because their money is trending
- 50:25towards zero. And so, we just wanted to create
- 50:28resources that help explain Bitcoin in a way that makes
- 50:33sense for, in a way that touches on specific pain points for for
- 50:39the broader Christian. And so I grew up in a group in a
- 50:43Christian family. My parents work for a Christian
- 50:45nonprofit. I went to Christian School for a
- 50:48few years. I went to Christian University.
- 50:50I was a missionary in a pasture. So I've seen every side of if
- 50:54you know, Christianity is this diamond, you keep turning it.
- 50:57I've seen every facet of it and lived every facet of it and and
- 51:01I know that you know what were the things that when I became a
- 51:04Bitcoin or the reasons why I got so excited about it and just as
- 51:08I saw the potential and saw the ways that it was helping these
- 51:10people, Ooh-hoo. You know, again are some of the
- 51:11most vulnerable people in the world and so basically the
- 51:15conference is going to be a place where people who don't
- 51:19know anything about Bitcoin can come in and have like a two-day,
- 51:22snapshot of what it's going to look like.
- 51:24And if you go right there and keep scrolling down, you're
- 51:27going to see. I mean, we've got again, if your
- 51:29little thinking about this conference like, well, I'm not a
- 51:30Christian. So for, you know, forget that
- 51:32well, again, this is not just to be just just designed to be
- 51:35placed for Christians. We have tons of people, a bunch
- 51:38of our speakers, aren't you know?
- 51:40A bunch of a but a number of them aren't, they're not
- 51:42Christians, but they're coming to to educate, you know, people
- 51:46who are coming from the Christian world to learn about
- 51:48this. So again we have Preston pissed.
- 51:49You got Erik Hersman from grid lists, you know, we got Zu, B is
- 51:53going to be there. It's a for some people, these
- 51:54controversial, but Greg Foss Larry, Lepard Keen.
- 51:59Fernandez from you know, from Azteca, the founder of Aztec,
- 52:03oh, Justin, Moon, Giacomo Zuko, obviously these guys need, no
- 52:07introduction. Mark Moss, Mike Peterson from
- 52:09Bitcoin Beach, Each Paul Miller Mills from Bitcoin magazine.
- 52:15Again Nico, there you go, BTC sessions and I was last seen
- 52:17like I mentioned so we have I mean it's going to be we just
- 52:20have a ton of people who you know we're just who wanted to be
- 52:24involved with the event. Again many who were Beyond
- 52:28pretty much you know our wildest dreams.
- 52:29The biggest the biggest thing he's not going to be.
- 52:32There's Jimmy so who's one of the people who helped found the
- 52:35business? Jimmy is actually traveling.
- 52:37He's been traveling this whole year with his family.
- 52:39You just traveling the world. Jimmy and his wife and their six
- 52:42kids have been traveling so he's not actually going to be back in
- 52:44the States yet. But yeah.
- 52:46So basically that's that's our goal.
- 52:47It's going to be a two-day event, the 16th and the 17th.
- 52:51And so basically our goal is hey if you're going to be in Miami
- 52:53for the for the Bitcoin conference swing on over and
- 52:56this is going to be a smaller event where you're going to have
- 52:59you're going to be able to you know meet a lot of these
- 53:01bitcoiners who you follow on bitcoin Twitter and all these
- 53:04things you're going to have pretty intimate access relative,
- 53:07you know, way more intimate access that you're going to have
- 53:09probably at any point. During the regular conference.
- 53:12So we would love to have you, you know, we do offer, there's
- 53:15like a two-day pass, there's also a one-day pass if you're
- 53:19only able to make one of those two days and then we also have a
- 53:22live stream option that we made available.
- 53:23We had up until recently. We didn't think that a lot of
- 53:26our a lot of our Canadian Bitcoin friends were going to be
- 53:30able to come due to their walk down or their their vaccine
- 53:34position and all that kind of stuff.
- 53:36So we just we were like all right how do we make?
- 53:38How do we make this conference experience is good?
- 53:40As good as possible for those people and then obviously
- 53:43there's people all over the world who might be interested
- 53:46in. So we basically found a video
- 53:49streaming company that's going to have like a five camera super
- 53:52professional setup. So even if you're not you're not
- 53:55able to be in Miami, we'd love to have you, have you be able to
- 53:59participate in that way? And so again if you use promo
- 54:03code tgf-b 23 that'll get you 15 percent off any of those ticket
- 54:06options. So anyway, we'd love to have you
- 54:08guys love it. I absolutely love it.
- 54:11Okay, my question to you, bro, I've asked this question before,
- 54:15I'm long-form podcast and I think I've given my take on it,
- 54:20but I'd love to hear your take because I've asked people this
- 54:23and it's, you know, I'm on some hands.
- 54:25It comes from more like a scientific rationale background
- 54:28on the other hand, that comes from a more like religious
- 54:30background on the answer. So if it's Bitcoin divine
- 54:33intervention, into the feeling Madness, that's a sweet.
- 54:35Easy question. Here it is, here we go.
- 54:37So know basically what I would say about this is Bitcoin is the
- 54:41same. At the very least I would say
- 54:43Bitcoin is the same level of divine intervention that the
- 54:46printing press was a level of divine intervention, you know,
- 54:49500 years ago. And so again, I think there's a
- 54:54verse in the Book of James that says every good and perfect gift
- 54:57comes from above and is a gift, is a gift from God.
- 55:00And so I don't think we don't think Bitcoin needs to be like,
- 55:04you know, this it came down, you know, descended down slowly in a
- 55:08bathed in light and you know, Many people when they think
- 55:11about God doing something, they think of something like that.
- 55:14But I think that just ideas more brother, where do ideas come
- 55:18from? And so I think about ideas being
- 55:21gifts from God and so I think again the the convergence of all
- 55:25of of the number of different ideas that had to happen in
- 55:28order for Bitcoin be possible. I look at that and again, I
- 55:31thank God for it again. So that's that's maybe not is is
- 55:35maybe not as satisfying answer as some people are looking for
- 55:38love it but that's that's how Think about it.
- 55:41Again, I just think it's, I think it's a great gift that
- 55:45that helps Humanity to accomplish the goals in the
- 55:48priorities that God laid out for us to do.
- 55:52And so, I would say again, defining that as somebody came
- 55:55up and asked Jesus, which is the greatest commandment.
- 55:57And what's the most important thing?
- 55:58What was if you had to summarize, what it means to be
- 56:00human, how would you do that? And Jesus says, love God and
- 56:03love your neighbor as yourself. Those are those are the two
- 56:05things treat your neighbor the way that you would want to be
- 56:07treated in the sense of seeking there.
- 56:10Seeking their their best interest.
- 56:13And so Bitcoin is money that values and seeks the best
- 56:15interest of the of the individual.
- 56:18It prioritises in levels the playing field rather than
- 56:22creating a hierarchical structure that prioritises in
- 56:25favors the rich and Powerful over over and against the poor.
- 56:28So anything that does that is is is more aligned with with you
- 56:33know God's priorities. As he's you know revealed them
- 56:36then a situation than a system like the fiat currency system.
- 56:40It's basically does the exact opposite it allows yeah it
- 56:44favors the rich over and against the poor and basically again I
- 56:48use the word pimp I don't use that word lightly, it pimps out
- 56:50the pour it you know when you think about what pimping is its
- 56:53I'm extracting as much value and as I can from someone for my own
- 56:59benefit and that's exactly what fiat currency does.
- 57:02It uses people uses the uses. The vast majority of people to
- 57:06benefit a select few whereas Bitcoin you know basically
- 57:10Leverages the, the the processes that govern the world that
- 57:14exists proof of work, being a summarization summation of that.
- 57:18It leverages those priorities for the benefit of people all
- 57:22over the world and so yeah. So again, I it's definitely
- 57:26aligned with the, it's the type of thing that God would do.
- 57:28That's what I say is, it's exactly the type of thing that
- 57:31God would do to restrain evil as he's done throughout the
- 57:34history, you know, throughout history in my mind.
- 57:37So yeah. And, you know, and like It was
- 57:41crazy. Jordan is that you know of
- 57:43course you know we could see it from the Christian faith and
- 57:46that's what it does. With beauty of Bitcoin is that
- 57:49it does these things whether you believe or not.
- 57:51Yeah, yep. And it causes that like know
- 57:55that outcome. And that's why I always say.
- 57:57It's really the, this great unifier, right?
- 58:00So it's like whatever your, you know, religious beliefs are, you
- 58:05know, whatever your ideological beliefs are, it's like Bitcoin,
- 58:08just like brings everyone together to this.
- 58:10Like common denominator which is Bitcoin.
- 58:14And then all of a sudden, you're speaking the same language.
- 58:16You know, I get along with bitcoiners that have completely
- 58:20different ideological perspectives under me and like,
- 58:23we're friends were buddies. We get along just well because
- 58:25it's like Bitcoin. Is that, that, that common
- 58:27denominator that you agree on my neck.
- 58:30I think that's like one of the beauties of Bitcoin and I don't
- 58:34think anything else could do it as good as Bitcoin, right?
- 58:36Well, it again, and it's the reason for that is because
- 58:38again, money is so it's Inherent to to everyday life.
- 58:42Like it's something that it's designed to be something like
- 58:45the reason why fiat currency has been able to be perpetuated for
- 58:48so long is because money is designed to fall into the
- 58:51background against designed to be forgotten.
- 58:53Because the point of money is not the money itself.
- 58:55Money is a means to far greater ends and so that.
- 58:59So, again, in one sense, it makes sense.
- 59:02That if there's something that in Bitcoin, if there's something
- 59:05that can restore and and, you know, restored the ways, As that
- 59:10mean, just the trusted way, the trusted foundation for people to
- 59:13interact with like it would makes it make sense of that.
- 59:16Be something that people would get excited about again.
- 59:19There's again, 100% agree with you.
- 59:22There's people all over the Bitcoin world, you know, who who
- 59:25again, do not share my beliefs about, you know, Ultimate
- 59:28Reality at all. We on April 1st we did a joke
- 59:33speaker announcement for the for the conference and it was a
- 59:36jokingly announced that Alexander the Bitcoin was going
- 59:39to be speaking. Alexander, the It is a very,
- 59:41very overt and vocal atheist. Who is, you know, been in my, in
- 59:47been, in my replies and objecting to all kinds of
- 59:49things. And we also made one for a knut,
- 59:52but I didn't publish it, but they can, you get me another
- 59:54one? I love canoe to death, like,
- 59:56give me give me knut in the, in a foxhole all day long.
- 59:58Like, you know, there's and there's a number of other
- 1:00:00people. So again this is not when I talk
- 1:00:03about when I talk about God, I'm not out here, you know, trying
- 1:00:06to like force this down people's throat.
- 1:00:07I'm just speaking from this is where I'm coming from.
- 1:00:09This is how I see things. Things.
- 1:00:10And there's a lot of people who see things, you know, the way,
- 1:00:12the way that we do who, again, we don't have big.
- 1:00:15There's a ton of people who we don't have Bitcoin in common
- 1:00:17yet, but we have Jesus in common.
- 1:00:19And so, again, it's leveraging you want to Leverage What you do
- 1:00:23have in common to help make sense of what you don't have in
- 1:00:27common. And so that's again, that's why
- 1:00:29I thank God for Bitcoin exist. That's part of the reason why,
- 1:00:32you know, we're a big part of the reason why we're doing the
- 1:00:34conference. But yeah, just really looking
- 1:00:36forward to helping, you know, people think through And just
- 1:00:41see the consequences of not just what you do with your money.
- 1:00:44Because there's tons of people, tons of Christians who have
- 1:00:48written tons of books and publish a lot of resources to
- 1:00:51talk about the, the moral impact of what you do with your money,
- 1:00:56of how you Stewart at what you use it for.
- 1:00:58But there hasn't been a lot of work that's done, especially in
- 1:01:00the last few hundred years about about just like the morality of
- 1:01:05the the ethics of money creation itself.
- 1:01:08And so, you know, there was It was a book that was a big part
- 1:01:11of the helped us a lot when we were writing.
- 1:01:14Thank God for Bitcoin is a book by a Roman Catholic, Scholars.
- 1:01:18Name was your Guido halsman, you wrote the book called the ethics
- 1:01:20of money production. It's a fantastic book and it's
- 1:01:23Paparazzi popularizing. The work of a 14th century.
- 1:01:27Bishop named Nicholas a resume who was basically standing up to
- 1:01:30the princes of his time. And you know saying basically by
- 1:01:33you expanding the monetary Supply by adding lesser lesser
- 1:01:36Metals into your silver and gold coins.
- 1:01:39You guys are you're lying. You know, you're lying and
- 1:01:42you're stealing, this isn't just some peripheral, you know,
- 1:01:45things that aren't that big, dude.
- 1:01:46That's two of The Ten Commandments.
- 1:01:47You guys are breaking. And so, in my mind, again, this
- 1:01:51is something that you know, throughout throughout history.
- 1:01:53You've seen, you know, people be willing to stand up to
- 1:01:58governments to speak the truth to them that they might not want
- 1:02:01to hear for the benefit of their people.
- 1:02:03This is an important role in being willing to suffer for
- 1:02:06doing. So I think this is, this is,
- 1:02:09this is a big test. That's Gonna be coming up to 44
- 1:02:12bitcoiners is you know, again it's been we've been Fringe and
- 1:02:15we've been left at ignored for the first 14 years largely of
- 1:02:19Bitcoin. But we're coming to a point
- 1:02:21where Bitcoins are going to be to be hated and they're going to
- 1:02:23be you know, potentially sought out and you know you know
- 1:02:27punished for what they're doing. And I just think that this is
- 1:02:30going to be it's going to be the next test.
- 1:02:32It's not going to just be the test of Bitcoin.
- 1:02:34It's going to be the test of of bitcoiners and their willingness
- 1:02:38to suffer for this this too. All that is very helpful and
- 1:02:42very useful. I think this is this principle
- 1:02:45brought more broadly is, you know, the how valuable is
- 1:02:48something to you, are you willing to suffer for it?
- 1:02:50This is a test that whether you're playing sports, whether
- 1:02:54you're going to war, you know, who's willing to suffer more is
- 1:02:58frequently one of the one of the tests of the strength in the
- 1:03:01truthfulness of I've an idea or of a movement or whatever and so
- 1:03:06I think this is just something that it's this is the the next
- 1:03:10test that's Going to be coming, coming down the pike for for
- 1:03:12many bitcoiners. Yeah, one way I think.
- 1:03:14I'll hold on, hold on. Oh man, it wouldn't be something
- 1:03:21Bitcoin without it. Anyways.
- 1:03:24Yeah, and I agree with you, I, you see the storm clouds
- 1:03:28gathering. I mean, we just covered it did
- 1:03:30look diligently under news, right?
- 1:03:32This is a separation of money and state and I can't emphasize
- 1:03:36this enough guys. You know, whatever your
- 1:03:39political leanings are. Your ideological leanings are
- 1:03:42within this with literally why we leave this type of, you know,
- 1:03:46we tried to make simply Bitcoin ours inclusive as humanly
- 1:03:49possible and neutral because we that's the fight.
- 1:03:55That's the fight here, right? The fight is this is not red
- 1:03:59versus blue. This is Green verse orange, and
- 1:04:01we need as many people as humanly possible on the orange
- 1:04:05side. And I think that's exactly what
- 1:04:07you're doing. I think God for Bitcoin,
- 1:04:09obviously, I I see it personally from that perspective, I'm
- 1:04:12Catholic, right? But again, I leave my personal
- 1:04:14views completely out of the conversation just to make, you
- 1:04:18know, make this movement as inclusive as possible bring
- 1:04:22everyone together. And I think really if you do
- 1:04:26that, that's how we win, right? So anyways, Jordan totally been
- 1:04:31a great honor to have you on simply Bitcoin today, I'm
- 1:04:35really, really enjoyed this conversation.
- 1:04:37It's been great. Super looking forward to The
- 1:04:41chat that you dropped it on me. Like, I know I love that.
- 1:04:45Love that great show a great Showmanship.
- 1:04:47I love that. Absolutely.
- 1:04:49So that should be really looking forward to that conversation.
- 1:04:52And just you know, Alex has done an incredible job, just kind of
- 1:04:55pointing out the hypocrisy of how the IMF portrays itself
- 1:05:00versus what the actual outcomes or what, what, what the like,
- 1:05:06what? What if the damages that the IMF
- 1:05:09has done, right? I think, Think that it was
- 1:05:11started in good faith. But I think it frankensteined
- 1:05:14into this creature that I think is just it does more harm than
- 1:05:19good and I truly truly believe that.
- 1:05:21So anyways, thank you so much for joining us today.
- 1:05:23Why don't you tell everybody where they could find you?
- 1:05:26And of course, everyone knows what you're working on these
- 1:05:28days because, yeah, we just spoke about it.
- 1:05:31Yeah, no. Yes, you can find immune to find
- 1:05:33thank God for Bitcoin at right there at the bottom of screen.
- 1:05:35Thank God for BTC and then you can find me at @jm Bush rights.
- 1:05:40Wri Tes, you can find us at TGIF b.com.
- 1:05:44Like I said, if you use promo code tgf-b 23, that'll get you
- 1:05:4715 percent off any of those ticket adoptions.
- 1:05:50The other thing I sent Nika, I sent you on on Twitter.
- 1:05:54I sent you in a Twitter. DM, a design for a t-shirt that
- 1:05:57we have coming out. We're going to have it at the
- 1:05:59conference I mean if you want to throw it up or not but that's
- 1:06:01going to be coming out. We have a designer, it's Kane.
- 1:06:05The Oracle at cane or go. I just want to shout him out.
- 1:06:07He has been straight up. He's been on a heater man.
- 1:06:10Man, he's been cooking up murch for for the conference.
- 1:06:12He's just doing a fantastic job but yeah, so that's there it is
- 1:06:17right there. So there's there's this old
- 1:06:18graphic, it's basically the same tag line showing the printing
- 1:06:22press. It's the printing.
- 1:06:24Press, your 500 years ago was the tyrants fo and the people's
- 1:06:26friend. And so now think about like
- 1:06:28Bitcoin Bitcoin very much as fitting in that role in the
- 1:06:30obviously, that's an S9. So again this is this is
- 1:06:33something again. This has such big consequences
- 1:06:37for people around the world and again, using using this
- 1:06:40Language, you know, there might be some people who I didn't
- 1:06:42think with in Bitcoin, as you're going to find much objection to
- 1:06:44that. But again, we want to be
- 1:06:46creating resources and content that can cut through and reach
- 1:06:50just real people who aren't yet bitcoiners to help them.
- 1:06:53See the value proposition? So yeah, I just again appreciate
- 1:06:57you guys appreciate what you do and doing exactly that.
- 1:07:00So looking forward to seeing you in Miami like wise man, really
- 1:07:03looking forward to getting to getting to hang out with you and
- 1:07:06meet you in person really looking forward to it guys.
- 1:07:09Get your tickets for. God for Bitcoin, it will be
- 1:07:11around during the Bitcoin conference.
- 1:07:13So it's a great opportunity to go to both events.
- 1:07:18We went through the speaker list.
- 1:07:19It's going to be absolutely Bonkers guys before we close out
- 1:07:22the show when I give a shout-out to our clothing.
- 1:07:25Sponsor represent, LTD.com I wear the merch every single day.
- 1:07:29They're dropping simply Bitcoin Merchants for the ladies that
- 1:07:31were asking for it. We're, they're coming out with
- 1:07:34Lady specific simply Bitcoin merch as well and of course,
- 1:07:38check out all the other merge. On the represent LTD.com store
- 1:07:42you can use promo code simply Dash Bitcoin.
- 1:07:45And of course I want to give a shout-out to Kaboom Max.
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- 1:08:16Anyways guys, I hope you enjoyed the show.
- 1:08:20If you enjoyed the show, you know what to do.
- 1:08:21Smash that like button, consider subscribing.
- 1:08:23But the number one thing you could do to help this channel
- 1:08:26not only help this channel but help the pit peaceful.
- 1:08:29Bitcoin Revolution is share all Bitcoin content, don't be
- 1:08:32exclusive. Be inclusive, of course.
- 1:08:35Don't share shit coin contents a way from shit cause they're bad
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- 1:08:39That's how we Win this peaceful Bitcoin Revolution.
- 1:08:42Love you all. Will see you tomorrow 12:15 p.m.
- 1:08:45Eastern Standard Time for another episode of Simply
- 1:08:48Bitcoin live. I totally forgot to if you want
- 1:08:56to hang out in the after party, we're hosting it until 2:00 p.m.
- 1:08:59Eastern Standard Time. With our friends, over at Swan
- 1:09:03Bitcoin.com best place to build your Bitcoin stack.
- 1:09:07So if you guys want to hang out for the after-party, go tune in
- 1:09:10to Twitter spaces. Now, all right, now I'm really
- 1:09:13tuning out. I'll see you guys tomorrow at
- 1:09:144:15 p.m. Eastern Standard Time.
- 1:09:16Love you all. Peace out.