Latest / Simply Bitcoin / Ripple's Attack on Bitcoin Backfires | EP 703

Transcript

Ripple's Attack on Bitcoin Backfires | EP 703 · Simply Bitcoin

0:08
Yeah, welcome to send Bitcoin live your number one source for
0:10
the peaceful Bitcoin revolution occurred.
0:12
Breaking news culture medic Warfare.
0:13
We will be your guide through the separation of money and
0:16
state. Anyways it's a funny news day.
0:19
It's a funny news day Greenpeace pays for a piece of art, then
0:27
ends up becoming this do piece of art.
0:29
This dope piece of Bitcoin art. This is green skull with like
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laser eyes coming out. Like I have no idea what they're
0:36
thinking but look. The I don't think you could make
0:40
a negative piece of art on bitcoin, like that piece of art,
0:45
only makes sense. If you buy into the false
0:48
narratives of which are propagating, right?
0:51
You know, like that's the only way, it makes sense, right?
0:54
We always say this about memes, right?
0:57
The only reason that you find me, the only reason that memes
1:01
are so effective, is because they have a common denominator
1:04
in the common denominators truth.
1:06
So that means that They spread like, like wildfire because
1:10
people understand what those images are trying to tell them.
1:13
Now when you have a piece of art that that only a subset of very
1:19
small subset of people truly understand.
1:24
Then, you know, then you find yourselves in these types of
1:28
situations memes are not funny. Unless they're true, right?
1:32
That's the common denominator, and we always say this right?
1:34
Bitcoin is the truth. Anyways, we're gonna get through
1:37
all that That. But we also have very, very
1:39
special guest. Today, our friends over at
1:42
Luxor, have joined us. We have the man, the myth, the
1:45
legend, Nick himself, CEO of Luxor.
1:48
Thanks for joining us today. Are you doing, bro?
1:51
Doing really well, just got back from a quick overnight trip.
1:54
To Vegas. Wives were incredibly High
1:57
there, as well, just like everywhere.
1:59
So, out here ready to get back at back at the desk and and kick
2:05
it off with some really interesting talk about this run.
2:07
We've got some really interesting stuff related to
2:09
have straight FS price is coming up - get a little bit relieved,
2:13
so much about it. Absolutely.
2:15
And of course, another member of Matt, another member of Matt,
2:20
another member of Luxor. Matt, how you doing?
2:23
Thanks for joining us today. I'm doing well today, I have
2:25
yourself appreciate you joining us.
2:27
I'm going to meet you Mike for a sec.
2:28
You got a bit of background noise but well I'll meet you in
2:31
a sec anyways and I want to bring my legendary co-host.
2:34
Always optimistic Opti, did you wake up with a smile on your
2:37
Face this morning, you know, without spreading fake news.
2:41
I woke up pretty grumpy this morning, but it just took me
2:44
about an hour to, you know, get into The Vibes.
2:48
I'm the worst. When I was waking up, is the
2:50
worst part about the day? I'm not gonna lie.
2:53
What a shame, what a shame. Anyways, everybody, we have a
2:57
lot to talk about. I'm so excited.
2:59
We have the video from Greenpeace and of course, we're
3:01
going to talk about with their friends over at Luxor, is they
3:04
just released the Luxor firmware for a Miners.
3:08
That's freaking awesome. So we're going to dive into all
3:11
the details of that Nick and Matt have all the sauce.
3:14
Anyways everybody let's get two numbers.
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All right, everybody else want to tell you about the biggest
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20:23. It's going to be hosted in sunny
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sunny, Miami Beach. Florida, May 18th through the
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20th. 2023, good news for you guys.
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You can use the promo code simply to get yourself a big
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discount on the tickets. It's go through some of the
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speaker list. Michael Lewis, Arthur, Hays.
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Michael Sailor, Jack mahler's, Alex gladstein, Stacy, Herbert
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mad, Odell, Lynn, Alden, and many, many more.
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Again, you could use promo code simply to get yourself a big
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discount to bitcoin. 20:23. Anyways, let's let's pull up the
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numbers at the time of recording.
4:23
The Bitcoin price is twenty eight thousand.
4:25
Five sites per dollar, 3570 block, height 780, 2332
4:31
reachable, Bitcoin node, 17,400 21 blocks to having 57600 68
4:38
having estimates April. Twenty twenty twenty four Total
4:41
light network capacity, 5300 5400, 35 capacity value 152
4:47
million, u.s. dollars real Sighs monetary inflation 1.76 percent
4:51
and the market capitalization 541 billion u.s. dollars,
4:57
anyways. Everybody I have a video for for
4:59
us today. Here's the legendary Gigi.
5:03
And he goes on to say, why is there still poverty?
5:06
And let's, let's check out the video and then we'll Riff on it.
5:09
Let's check it out. It is just very important in
5:15
these replies to people like Krugman that we don't get
5:20
involved in technical details, but ask them questions almost
5:23
like a child explain to me how the increase in paper pieces.
5:30
Can possibly make a society richer if that was a case,
5:35
explain to me why is there still poverty in the world isn't every
5:40
Central Bank? The world capable of printing as
5:43
much paper as they want and do you then sink, the society, the
5:49
world, as a whole would be a richer.
5:51
I'm sure the guy cannot answer. This type of question, nobody
5:54
can answer this type of question, but again, we get far
6:00
too much bogged down in answering technical details of
6:05
his argument. Instead of always repeating this
6:08
question, please explain to me how a piece of paper A can make
6:12
Society or culture. I mean, a lot of Truth, lot of
6:18
Truth in that lot of Truth in that.
6:19
Anyways, I feel like this is up your alley Opti because this is
6:22
a, some what do you call it? Like, pure Austrian economics.
6:28
Right here. Yeah.
6:29
Like some philosophical type of well, I am not.
6:33
I am definitely taking it a little philosophical here
6:36
because it did remind me of a tweet or actually more like a
6:39
mantra that / violin talks about all the time, Austrian Economist
6:44
on Twitter that I highly recommend everyone go.
6:46
Those and follows. And he just beats the drum of
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the idea of like poverty is our starting point.
6:53
And the only way that we build Prosperity is literally by
6:56
building it. Like, this is what capitalism
6:58
allows for us is providing value.
7:01
Providing products to the market creating Innovations new
7:03
technologies to make us richer. And as we know as bitcoiners
7:08
considering how much money has been bird, how much money
7:11
they've created, literally by the click of a button making
7:14
more paper. Money does not Not make us
7:16
richer and the Keynesian is out. There are huffing way too many
7:21
farts because if they think just making more money is going to
7:24
make more paper is going to make us richer.
7:28
They are holy confused and it's really disheartening how many
7:31
economists out there on mainstream media corporate press
7:35
and all this still believe in the LIE of Keynesian economics.
7:40
Like we understand as Austrian economists over here that people
7:45
need to put in work. People need to create things.
7:47
There's no other way than actually building stuff for us
7:51
to get out of poverty and just printing more money is not how
7:55
we make the world more prosperous.
7:58
I mean, as we've seen the Boomers out there again no hate
8:01
to the Boomers but they literally stole the future by
8:05
printing more debt than we could ever possibly pay.
8:08
And yet, they are going to continue to double down on the
8:11
idea that they can print more money and steal from the future
8:14
to provide to today. And it's just, it's wholly
8:17
mistaken. And again, you know, poverty is
8:20
the starting point and it's up to you guys out there as the
8:23
Bitcoin entrepreneurs to build the things we need to provide a
8:27
better future. We need to actually create
8:29
value, not just create more debt and more paper, because this
8:33
makes us more poor. And again, to the point in the
8:36
video, If creating more paper money was the route to
8:40
Prosperity, then why do we still see unimaginable pain?
8:46
Around the world. It's almost like a small group
8:49
of people are stealing the resources and wealth of the
8:52
world and transferring it and distributing distributing it
8:56
between themselves. Things that make you say.
8:59
Hmm. Anyways Mega I'll get off my
9:02
soapbox and man I knew so I knew that one was Opti.
9:06
I knew that was uh popped. He's a lie.
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Like I had a feeling. I'm like yep.
9:09
Yep this this one's a this one's an alley-oop for Ali 44 up to
9:14
you anyways. Yeah man.
9:16
Look, it's so absurd, but again, you live in a world where, you
9:21
know, we it's specifically politicians, right?
9:24
Like the central Bankers are the enablers but politicians, like
9:27
you're like, look you know, free all these free things.
9:30
Everything's okay, everything's kubal.
9:32
Yeah. You know, we could print the
9:33
money to pay for things. What's never talked about are
9:36
the unintended consequences of many of money printing.
9:39
We always say it on the show. It's a wealth redistribution
9:42
mechanism from the lower and middle classes that do not have.
9:45
The means to Save and assets to back to the very, very wealthy
9:49
that cantillon are classic. We always say or, you know, back
9:52
to the government really rights never talked about.
9:55
But anyways, that's why we're here.
9:56
That's what the peaceful Revolution is all about.
9:58
So you opt out into Bitcoin, you put your time, your work, your
10:02
energy, your savings into something that truly values your
10:05
work and of course, that thing is Bitcoin.
10:07
Anyways, I'm going to pass it on to Nick Nick.
10:10
What are your thoughts on that video, bro?
10:13
You muted my friend. Try to be a good streamer always
10:17
nude in between, but yet. No, I think the ultimately comes
10:22
down to, you know, the the value of sent the value of sound money
10:27
for me like that. I do think that, you know,
10:30
they're effectively stealing future Generations.
10:32
Well, through what their, you know, the the policy that
10:36
they're implementing and they're in such a tough spot right now
10:38
because what, we know, the reason, the market was so
10:42
bearish, after the, the rate hike was that right?
10:45
Now what we're pricing in is more Banks failing.
10:48
They're going to be more Banks to fail.
10:49
There aren't like there are several that are already on the
10:52
brink, increasing rates causes them to have, even more pressure
10:57
and its really liquidity pressure like, for example,
11:00
Silicon Valley is not it, it's not insolvent itzel, it was a
11:04
liquid, they had all of their money tied up in short, ish term
11:10
bonds, things like that, which, which do pay interest.
11:12
But unfortunately, when the bank runs started on, so Secondly,
11:16
bank they realized that there was not enough cash for them to
11:18
pull that out and so these increasing rates definitely
11:21
cause more Banks to start to approach failure.
11:25
And so right now the like there's I don't know what the
11:28
outcome is ultimately going to because if you don't, if you
11:30
don't raise rates, inflation continues to run.
11:33
If you raise rates Banks start to fail, all of these things are
11:36
bad. And I don't know what.
11:38
I don't really know what the what the options are other than
11:41
just a complete opt out, which is why I'm such I'm so so
11:44
bullish pick Coin and I just sit, I sit in Bitcoin and don't
11:48
have to worry about it, kick it over to Matt, maybe he's got
11:51
some thoughts on that as well. Matt, what's your take?
11:53
Bro, I think you've got me muted.
11:56
Still? No, I muted you.
11:58
Okay, oh, the whole thing went away.
12:00
No, I mean, I'm right there with you, like I was a little bit
12:03
negligent and having some funds on an exchange, but like, when
12:06
the the Run started happening that's Sunday before, or after
12:10
SVU, starting to go down, I just like, nope.
12:13
You got to go sit down, spend a couple hours.
12:15
Make sure all my Private keys or where they say, they're supposed
12:17
to be seed phrases, the warden just salt started.
12:20
Hauling it off. And it's definitely a comforting
12:23
feeling to know that I like, hey, I've got a, I've got a nest
12:26
egg that I can just kind of step away with and, and take care of
12:29
things if I need to. So, yeah, I mean, ultimately,
12:32
that's what drew me into Bitcoin, like I'm a relatively
12:35
new adopter, but I've gone in pretty hard on it.
12:38
So like they started printing stimulus checks.
12:40
It's like, where's this going to come from?
12:41
Exactly? I don't know that this makes a
12:43
lot of sense long-term and it just kind of Drew out and more
12:46
and more evidence came out about that.
12:49
Yeah, this isn't going to stop or turn around any time soon.
12:52
So I better start developing some plans for the future 100%
12:56
100% and that's what people really don't, you know?
12:59
Like they don't really realize that, right?
13:01
And that's like kind of the tragedy of like the this time
13:03
each X where it's like, oh, you know, I'm getting this free
13:05
money from the government but they don't really realize like
13:09
that money ain't free. You know, they have to print it
13:12
and when they print it, it's basically stealing stealing from
13:15
People's, you know from people's work right?
13:18
So anyways it's very interesting I really enjoyed that that bit
13:21
video is enlightening. Anyways everybody let's get to
13:24
news. We got a lot to talk about.
13:25
Let's check it out. The Daily News, The Daily News
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boom you add. Anyways that was that was a
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tough one. That was a tough one because the
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Jade is the Jade is green, so it matched with the green screen.
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Anyways. So I had to use some purple
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lights instead. Anyways, everybody.
14:19
So this is a big, this is the Big Kahuna is the big news for
14:21
today Greenpeace Fudd, backfires funds, badass, Bitcoin artwork,
14:27
Oh man, these are the shadowy super quarters, I guess anyways,
14:31
to me personally maybe as a bit corner, I think that looks dope.
14:36
You know, maybe I wouldn't have it my house but like I think it
14:39
looks clean anyways. And the latest move of the
14:41
campaign, the activists revealed an 11 foot statue called Satoshi
14:44
skull took over 1,000 hours of human work to make the artwork
14:48
was designed by artist Von Wong and here's another one.
14:52
According to the artist website, the skull is meant to expose
14:55
Bitcoins. Impact on climate change.
14:58
Nevertheless, many Bitcoin plebs have come to actually admire the
15:01
artwork, some calling it, the most metal Bitcoin artwork to
15:04
date. Right?
15:06
Goes on to say, here's level 39. Just going to put it out there,
15:10
put this out there, the Vaughn want the Von Wong is a is a
15:13
pretty cool dude. Which just an artist hired by a
15:16
corrupt organization, what was the corrupt organization Peta
15:19
Greenpeace? The truth is that he's actually
15:22
interested in Bitcoin and honestly, the artwork is pretty
15:25
awesome and who hired Greenpeace He knows the guys behind Ripple,
15:27
right? So anyways, beater McCormack
15:30
says, is the green screen? Peace goal for sale David?
15:34
Bailey is it possible to get the skull of satoshi's the Bitcoin
15:37
conference here and vkc of coin? Kite does anyone know the
15:40
license of the artwork? The skull artwork and BT
15:44
sessions. As I want the laser eyed Bitcoin
15:46
skull and a shirt anyways, Von Wong the artist replies.
15:50
I really expect to find constructive conversation on the
15:52
internet but the DMS have been worth the heat learning a lot
15:56
from level 39. I don't think they had like I
16:00
don't think that this is what they had in mind.
16:02
Anyways, here's a video of the artist.
16:05
Let's check it out and we'll talk about it.
16:07
Think Bitcoins not bad for the environment.
16:09
Think again, introducing Mikey was collaboration with
16:13
Greenpeace. I'm Benjamin Von Wong and I use
16:16
art to raise awareness for issues like plastic, pollution,
16:19
and climate change. Six months ago.
16:22
I was studying the impacts of climate change in Greenland
16:24
where I saw firsthand. What the climate crisis looks
16:27
like Greenland's ice sheet is melting fast and witnessing it
16:31
with my own eyes with absolutely gut-wrenching.
16:34
That's where I met Ralph from Greenpeace and learn about how
16:37
Bitcoin could help solve climate change.
16:41
You hear that fixing Bitcoin is going to solve climate change
16:44
everybody. Here's the original post from
16:48
his website. I built an 11-foot skull covered
16:51
in E-Waste to expose Bitcoins impact on climate change.
16:54
And what's interesting though is that you know, we got we got
16:57
some awesome miners as guest today.
16:59
Those don't look like ASA cash boards.
17:02
Those are just like a regular hash boards.
17:04
And you know maybe you could say, those are ethernet cable.
17:06
I don't know, bro. Goes on to say the giant skull
17:10
was built using Wood recycled styrofoam and over 300 pieces of
17:14
electronic waste. It goes on to say with a
17:18
thousand, human hours of work. We brought the skull of Satoshi
17:21
to life in a huge abandoned warehouse.
17:24
These These are these are the suits were trying to reach
17:27
institutional investors supporting and energy devouring
17:30
Bitcoin. But I mean like I don't think
17:33
institutional investors don't make those types of decisions.
17:38
Anyways everybody I think it's absolute like Ludacris.
17:42
It's just absolutely hilarious. I don't know Opti.
17:45
What are your thoughts, bro? What do you think?
17:47
Well, first and foremost, it is like a very cool shots like
17:52
that. That school is pretty badass.
17:54
Like, again, as bitcoiners. What do we always do?
17:58
We just turn negatives into positives.
18:00
It is our mean world. And everyone else is just living
18:02
in it. And I literally, I mean
18:04
interview, today is nothing but green skull meme.
18:07
So this is just how we do things.
18:10
We Weekly Co-op, whatever you guys are talking about and we
18:13
make it good. So there's that and then also, I
18:17
don't know if you saw but the artist deal Von Wong, has come
18:21
out on Twitter today after getting a lot of feedback and I
18:25
think he's either become orange pill door, is becoming orange
18:28
pilled, because he's recently stated on his Twitter account,
18:32
that proof of stake will go against Bitcoins, eat those of
18:35
decentralization. And he's glad that there was a
18:38
bunch of this might be added. Agha Tori would turn but Bitcoin
18:43
Eco Warriors out there that are are you know educating him and
18:48
showing him that Bitcoin is good for planet Earth.
18:51
Bitcoin is good for the the energy grids and again like
18:54
there's no such thing as wasting electricity so you know as a as
19:02
a Bitcoin ER again it is 0 Hold on, I think I need to take you
19:10
down. That's me, got it.
19:11
Yeah, okay, all right, so as a big corner, you know someone
19:14
that has put in the work to understand Bitcoin and its
19:18
energy. Use on the one hand, it is, you
19:21
know, kind of disheartening that we have to continuously battle
19:24
the Fudd of Bitcoins boiling, the oceans, because I remember
19:29
what they say. You know, Bitcoin is going to
19:30
take over like all of the energy use.
19:32
And yet, here we are. It's almost like Bitcoin fixes
19:35
the grid and they really need to get better at their messaging
19:40
because obviously we know that they're paid off.
19:43
There's, there's a very real link between the Greenpeace to
19:45
change the code movement and the co-creator of Ripple, Chris
19:49
Larson. He basically paid them off to
19:51
spread Fudd and hey guys. Like, if you want to change the
19:54
code, there's such things as Bitcoin Improvement, proposals,
19:57
and you guys could propose some code changes and we shall see if
20:01
the free market accepts them's. But what do they do?
20:04
They just go out on Twitter. You know, they just continue to
20:07
make up lies. continue to, in my opinion just just Say a lot of
20:13
bullshit, sorry, Nico. But that's not.
20:15
That's the, but that's not what they're advocating for.
20:17
Like, they're advocating for like coercing people to use.
20:21
Yeah, their code per code proposal if they accumulate
20:24
enough political willpower, like that's what they're advocating
20:28
for. They're not advocating for
20:31
because they could for Kit Greenpeace is very, very like,
20:34
they could totally Fork their version of Bitcoin.
20:37
But they know that they know that not that many people are
20:40
going to adopt it, right? Right?
20:41
So they want to coerce people into using the version of
20:45
Bitcoin that they want, but that's not necessarily what
20:48
everyone wants. You know, this is Fiat has fuck.
20:51
This is proof of stake as fuck, but I'm so happy that it's
20:55
totally backfiring and it just their meme didn't work.
20:58
They got out. Memed, they thought they would
21:00
meme us. We mean them back harder and
21:02
it's so funny, you know, watching the artist be like,
21:05
hey, you know, I wasn't totally correctly informed in this on
21:09
this, you know. But hey, Look looks bad on
21:12
Greenpeace. But who's behind Greenpeace
21:14
who's funding Greenpeace? Has a ripple guys, right?
21:17
So this is a really add attack from another shit coin.
21:21
And here we are. Anyways, when you come, before
21:24
we go on, imagine trying to battle the army of Bitcoin
21:27
autists, in a me more like wouldn't want to do that?
21:32
Anyways, Nick, what's your take on this broad must be close to
21:36
heart. You know, this is this is a
21:37
direct attack on Bitcoin mining energy use.
21:40
Yeah, but I mean, It's not new, it's nothing new.
21:43
It is kind of hilarious that they made.
21:45
They made this point out, it's not all the time to make this
21:48
piece. Then now all the energy energy,
21:50
wasters energy wasting, enjoy yours out there now, really like
21:55
and so I think, you know, it's that, that is that is pretty
21:58
comical. I mean a lot of people have
22:00
like, inscribe it and everything as well, which is even more
22:03
ironic and funny. But yeah, I think right now
22:06
we're going to see we're going to see what the where they're
22:10
like, where their morals actually live with.
22:12
With regard to how they approach this because right now, all it
22:14
is, is just for to signaling and LARPing because they're not
22:17
actually doing anything other than just, like, shouting into
22:19
the clouds. I agree with you.
22:21
Like you said, if you want to, if you want put out a bit, go
22:24
put out a bit. We can talk about it.
22:26
It's not that it's you, anybody can open a bit, so let's let's
22:30
see. You know, let's see where it
22:31
lands on the point of wasting energy.
22:34
Actually we technically are wasting energy.
22:36
That's like one of the mechanisms of proof of work is
22:38
that you need to provably, be basically what you're doing.
22:41
When you're doing proof of work is showing that you have some
22:44
economic incentive within this ecosystem or within this
22:48
decentralized network. So you do that by proving that
22:51
you wasted some energy. And what you're wasting is all
22:53
of the hashes that are below the Target and so you can
22:56
effectively matchup that I've wasted some number of, I've
23:02
expended some level of effort by proving that I've done all these
23:05
other hashes to submit, you know, ultimately the winning
23:08
block that said, the the term waste in this.
23:11
Guard is, is maybe not the right term because what you're really
23:15
doing is just proving your or economically.
23:17
I guess your economic interest in this decentralized network
23:21
and yeah I mean that's just the bottom line.
23:24
The the point though that it, you know, wasting energy or even
23:29
using energy in this way using energy in this way to prove that
23:33
you're doing some work isn't inherently bad, Our Generation
23:37
them, like I feel like probably the majority of your listeners
23:39
are millennials. I'm a millennial women.
23:41
I'm what they call a geriatric Millennial, an older Millennial
23:44
but I think we have all been taught ever since.
23:48
You know what? Maybe when I started going to
23:50
school and like they're like when I started going like
23:52
regular public school, like 98 like, 1998 through like 2007.
23:57
We were all kind of taught that you should, you know, conseil
24:01
conserve energy, all of those things, but it's really like.
24:05
And so we've been ingrained with this idea that using energy is
24:08
bad, you know, flying on planes and doing all this stuff is
24:11
inherently. That it's not inherently bad.
24:13
To use energy, actually energy, the more energy that a society
24:17
consumes the better, human The Human Condition, United States
24:20
uses, more energy than any country in the world.
24:22
They also have the highest quality of life of any place in
24:25
the world. So that is I guess that that is
24:28
that correlate with other you know top first world Nations as
24:32
well. You know China is starting to
24:33
use a ton of energy but they are also a massively improving the
24:36
quality of life that people there.
24:38
So continuing to use energy while we have been trained to
24:42
think is bad is actually very, very good for your society.
24:45
When we question that point and expanding a little bit more on
24:49
it, what we see what we see, like being able to be able to
24:54
use and consume this energy, the reason that we're sorry, the
24:58
reason that we were taught that it's bad.
24:59
It's actually from the pollution that comes from it.
25:02
Now there are some that would say that there are some that
25:05
will say that you maybe CO2 isn't a bad thing.
25:08
I don't subscribe to that. I do think that that is That we
25:12
are in somewhat of a climate crisis.
25:14
Is it human-caused? Probably, but I also think that
25:17
that is a side effect of increasing other people's
25:21
quality of life. Sure we do have more and more
25:25
unstable climate but that comes at the cost that comes at the
25:29
benefit of many, many more people joining like the first
25:32
world. And so in the end of the day, I
25:36
think everything that has happened up to now has been a
25:38
net benefit for Humanity from an energy consumption perspective.
25:41
Of Bitcoin. Now, teaches us how to harness
25:44
energy. More effectively, produce
25:46
cleaner energy. And I've said it before and I'll
25:48
say it again that Bitcoin mining is going to save the world by
25:51
incentivizing renewable energy, route generation, and continuing
25:55
to push that technology forward is going to be amazing.
25:59
So those are good of a long bit of a long bit there, but it's
26:04
something I'm really passionate about because Bitcoin mining is
26:08
going to save the world because of the way that it incentivizes
26:11
renewable. Generation.
26:12
Matt can see that you're chomping at the bit on this one.
26:17
Yeah, I mean, just to the point about the absence of hash boards
26:21
in the sculpture, I mean ripples got a lawsuit to fund, so they
26:26
probably had to scale back on the budget at this.
26:28
Hash boards are pretty expensive, these days and then
26:33
about energy consumption. Yeah, I mean, the whole point
26:36
about it, human flourishing and energy consumption.
26:38
Like those are, there's plenty of data out there to support
26:41
that. So I don't Think there's any
26:42
point in trying to debate that I don't want to beat a dead horse.
26:45
I definitely agree. I was out in West Texas to start
26:49
the week working on our firmware and just driving past, I'll
26:53
shout out, Steve Barber. The, the fields of coal because
26:57
there is tons of solar panels out there and they're all made
26:59
with coal, right? But the, the idea that consuming
27:04
energy is bad is just kind of laughable.
27:06
It's, he Barbara also says that either your Tesla is zero
27:13
emission. Either both your Tesla and your
27:15
minor or zero emissions are neither are right.
27:17
Like consumption of power isn't the problem.
27:19
It's the source of the power. If you want to go down the right
27:23
of Kurt, go down the path of curbing emissions and there's
27:27
obviously something to waste not want not.
27:29
But if you want to talk about energy waste let's talk about
27:32
the loss of power in transmission lines in in space
27:38
heaters in Canada. Let's talk about all the
27:40
different ways that we waste. Energy.
27:41
Because ultimately the reason that Bitcoin wastes energy is
27:45
because when you look at it as a currency what is a currency,
27:49
it's a medium of exchange and most economists leave the end of
27:51
that phrase off. Like, what is it?
27:53
An exchange of ultimately it's an exchange of value, which is a
27:57
proxy for people's time and energy, right?
28:01
So like if you try to eliminate the energy from the introduction
28:04
of currency to an economy, you lose you lose, you get Fiat, and
28:09
you get the depreciation, you get the D.
28:11
Nation of a currency. And that's what we've had for
28:14
decades now. WWF happened in 1971.
28:18
So the idea of trying to separate consumption from the
28:22
generation of Bitcoin is laughable, but it's also a
28:25
really good insight into how naive people can be.
28:28
I mean, for example, when I first came to pick one of my God
28:31
can probably just write like a python script.
28:33
I won't be able to make a lot of Bitcoin but I can probably mined
28:35
Bitcoins like, yeah, I probably could write a python script, but
28:39
when I say not make a lot, that would be probably the
28:41
understatement. Man of the decade.
28:43
There's just a lot to learn for everyone in kudos to this guy
28:46
Von Wong. I hadn't followed him at all,
28:48
but if he's really hearing out bitcoiners and, and learning
28:52
something, that's, that's more valuable than anything that
28:55
Greenpeace would have contributed here.
28:57
It's just, it's a shame that they're trying so hard to derail
29:01
a product not a project cultural movement, that they're
29:05
ultimately just trying to profit from on the other side with a
29:09
inferior technology. 100% 100%. Percent.
29:11
And that's really, you know, that's really the signal here,
29:14
right? Is that, you know what you said
29:18
about the artist, right? I don't think he totally knew.
29:24
I think what he was Fed was, what Greenpeace was telling him.
29:29
I don't think he understood the Nuance because like, there's
29:33
Nuance to it, right? It's like Bitcoin.
29:34
Yes. Bitcoin uses a lot of energy.
29:37
But what energy does, what energy is it actually using,
29:40
right? And that makes a total
29:42
difference, right? Because it's like Bitcoin isn't
29:45
using energy that, you know, in populated cities, it would be
29:49
unethical. Economical for Bitcoin miners,
29:52
using Bitcoin is using isolated energy, you're stranded energy,
29:55
that's the only way. It's economics economic
29:58
economically viable especially in a larger scale, right?
30:01
And that's never talked about, right?
30:03
It's always like Bitcoin is using more energy in the country
30:05
of Denmark, right? I don't know Nick if you want to
30:07
chime in to that. I do unplug Denmark.
30:14
No don't like Denmark Denmark school.
30:18
Love them for a few minutes but anyway.
30:21
Yeah. I'm just going to kick it over
30:25
to that. I went too long on the last one
30:27
took of all the air space. There is going to kick it right
30:29
over to Matt. Hi, Matt.
30:31
I mean, it is what it is, y'all. I mean, like the idea of trying
30:36
to criticize energy consumption is just, it's laughable in the
30:40
context of incentivizing incentivizing, development of
30:46
efficient, use of energy, like there's no better tool than
30:49
Bitcoin. Like, and so, here's the thing.
30:52
It ultimately boils down to like some of Our core beliefs about
30:54
how Society should be structured, are you a top, a
30:57
believer, in top-down government.
30:59
And if you are then, like I can understand how you might come to
31:02
the conclusion that you need to, to eliminate Bitcoin.
31:05
Because that's, that's not in line with the top down
31:07
narrative. But if you have any belief in
31:10
like open societies free markets and even if you're like
31:16
skeptical of free markets because of the, the crony
31:19
capitalism that's happened for the past five decades, right?
31:21
Like, even if you're skeptical, but you think that is, A chance
31:24
they could work. You should really be listening
31:26
to what Bitcoin is were saying because there is no better
31:29
incentive to develop a more efficient use of power and
31:33
potentially distribute equitably generation of power than
31:36
Bitcoin. I mean, like again if I was I'll
31:40
go back to it. I was in West, Texas in the
31:41
amount of power that's being generated out.
31:43
There is just unbelievable. So like if you can just start to
31:47
move any percentage of that closer to populations with
31:50
better transmission lines and you can start to take losses.
31:55
You have the power. There was get it back to society
31:58
and then I mean, again, the more power that a society has
32:01
available to it, the easier it is for that Society to flourish
32:04
100%, 100% man. Anyways, everybody, let's get to
32:08
the culture. We're going to talk about Luxor,
32:10
mining's, new, minor firmware. Anyways, to check it out.
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details. You froze for a moment that we
33:18
froze from. All right.
33:19
Well guys, I you know I have their Twitter account here Luxor
33:23
and you guys just announced the your newest project Lux OS but
33:28
instead of me just you know talking about it on Twitter, you
33:32
guys told us that we have a live demo.
33:34
So let me get this up here for you guys and we can talk about
33:39
that. Here we go, let me take my
33:41
screen down. All right, I'll give you guys.
33:43
As the floor is this, alright? So the Matt, this is your
33:47
screen. So tell the people what Lex OS
33:49
is and then I guess, maybe go into what's going on on this
33:53
screen right here. Absolutely.
33:55
So Luxe OS is our entry into the aftermarket firmware market so
34:03
every Miner that you purchase has some form of firmware and
34:07
they generally ship with or they ship with firmware generated by
34:10
the the manufacturer, right? It mean, what's minor?
34:14
They all have their own firmware, we enter the market of
34:17
third-party firmware because when those minor ship the
34:20
firmware is relatively Limited in the capacity of what the
34:24
machine can do. If you imagine I guess the a
34:28
good example would be like chipping, a car.
34:30
If you if you've ever tinkered with with cars, right?
34:34
So like you can add a chip to a car and it lets you get more
34:38
horsepower, you may have to use a little a little more gas to
34:41
get that horse power but it generally lets you You tune your
34:43
car, right? So that's what our firmware
34:45
does. It allows you to get better
34:47
performance out of your machine in a number of ways.
34:51
So there's all kinds of metrics when it comes to assessing
34:53
minors. But what we have here is our
34:57
dashboard to kind of go through some of it.
34:58
But the big things that come into play, here are your clock
35:02
speed. So your frequency that your
35:03
hashing, hashing your voltage, which kind of determines how
35:08
much power you're consuming as well.
35:09
And then, one of the biggest variables here that Isn't as
35:13
controllable as temperature, right?
35:15
So like if you're mining in West Texas and it's 110 degrees
35:19
outside, your minor is going to be a lot less efficient than a
35:23
minor operating in like let's say 60 degrees Fahrenheit in
35:27
Seattle or something like that, right?
35:30
So there's some fancy math that that proves to you, basically
35:34
that the machine is going to be much less efficient at higher
35:37
temperatures. So what our firmware allows you
35:40
to do It allows you to underclock let's say in West
35:45
Texas to where you're generating less hash rate but you're
35:49
consuming less power at the same time.
35:51
And another thing that that potentially does is as you
35:54
generally when you hash faster, you generate more heat.
35:56
So you have kind of like a system that can stack up the
36:00
heat and then potentially shut down.
36:02
Because once you get to a certain temperature, the stock
36:04
firmware is going to shut your machine down.
36:06
So what you can do is under clock which means you're not
36:08
generating as much heat, you get better up time you use on your
36:12
oisin because once the machine gets so hot, you have to pull
36:15
it. Like, we've talked to a couple
36:17
clients for the like I have to go pull miners out of the rack
36:20
set it aside in a different unit so it just so it can cool down
36:23
and that's that's time offline, right?
36:25
Like that's that's SATs that they're not putting into their
36:28
wallet. So the big thing about our
36:31
firmware is that it just provides customized ability for
36:34
any client in any any application, right?
36:37
Nick and tell you he was running our enough 19 XP in his garage.
36:42
He got it, really stinking hot but it was okay because he was
36:45
in Seattle and it was cold. That's a very different scenario
36:48
from Texas, where I have, this is enough, 19 J Pro my garage
36:51
where it's a little bit warm. So I'm actually underclocking
36:54
right now because you can see down here, we have the
36:57
temperatures on the chip. Like you don't want to get close
36:59
to 65 or you might you might start doing damage.
37:03
You have anything. You want to add here now?
37:05
Yeah yeah yeah. Like you said so it looks like
37:08
we've got it right about 525 which is a very nice.
37:11
Nice safe o overclock there or actually that's a bit of an
37:14
underclock I think. Yeah so actually a bit of it.
37:17
Under clock. So that's trying to keep it
37:18
cool. Can you explain to everybody?
37:21
What an under clock means Nick? Yeah, yes.
37:23
So you're the, the chip in your machine comes with this
37:26
basically called the clock rate. And it means how many how many
37:29
times per second is it running a an instruction and if you
37:34
increase the chip rate, you do more instructions but obviously
37:38
use a little use more energy, produces more heat, the chip
37:41
gets hotter. If you lower that rate it will
37:44
execute instructions slower. But So uses less energy and
37:48
produces less heat. So what Matt was referencing is
37:52
if you underclock, when it's hot, you're able to keep your
37:55
chip temp slower, especially when your fan, your fans running
37:58
at 100% and you're chip temp is still, you know, over 65 of Sony
38:03
saw. Somebody saw Corgi in the
38:04
background. Yeah, that's Bandit.
38:08
He yeah. So anyway, that chipped him
38:11
starts to go starts to go up when it's hotter.
38:13
If the fans are at 100% and you can't keep the chips below, 65
38:16
degrees. Or whatever you think is safe
38:18
for your machine, then you can start to underclock lower that
38:21
lower than structure rate just a little bit.
38:23
So yeah, that's that's what overclocking and underclocking
38:26
are and really one of the key differentiators around.
38:29
How we designed this firmware is Matt, put it perfectly, he said,
38:33
you know, shipping and car. I like to say the remember when
38:35
you did jailbreak iPhones, it iPhones, a great platform, like,
38:40
maybe one of the best products ever built from a product
38:43
perspective, but there are still some features that are left,
38:46
unlike Locked and you can unlock them with different with
38:50
different with different firmware.
38:51
In that case, saying the same thing applies here, that's 19
38:53
XP. That's 19.
38:54
Like these are incredible platforms but there's still a
38:57
bit of you know some features that you could add by unlocking
39:01
them. And so that's kind of the way
39:02
I'd like to describe it as well. Just like what Matt said.
39:06
But we took this from a, from a, from a Miner's perspective
39:09
looked at what the trends are in mind, of course, demand response
39:12
and controllable load resourcing.
39:13
Those are the stories of Bitcoin mining right now, all the miners
39:17
are taking part in these types of activities, which is where
39:21
you turn your machines down, when when prices are high or you
39:24
turn them up when prices are low.
39:27
And you're effectively reducing the effectively, reducing the
39:32
call, the demand curve Delta in Texas.
39:34
The demand curve Delta is something like 8 or 10 gigawatts
39:39
which is probably the end. It's basically the entire it's
39:42
like the entire energy consumption of the Bitcoin
39:45
Network and across the globe. And that's just in Texas, the
39:49
amount of energy used at the bottom of the curve and the top
39:52
of the curve and that means sorry the amount of energy being
39:54
consumed at any point in time. It can fluctuate between 8 and
39:59
10 gigawatts during the course of a day Bitcoin miners compress
40:03
that the demand curve Delta, if you can reduce the demand curve,
40:06
Delta U massively improve the efficiency of your grid because
40:12
your transmission lines all of your distribution doesn't have
40:15
to make up for that. Delta, you also don't have to
40:18
like bring on wonderful peaker plants, which are like Nat gas
40:22
plants that come in and help. When the demand is super high.
40:25
That's why we saw some of those blackouts in Texas is because
40:27
they just weren't able to get those things turned on in time.
40:30
Also, there was like, renew, like renewable, is it
40:33
sustainable energy? Renewable energy is is also
40:35
called intermittent meeting the sun, doesn't always shine and
40:38
the wind doesn't always blow. And in the case of what happened
40:41
in Texas, when everything got super cold, Not only was it
40:43
super cold, the wind was not blowing and the sun was not It's
40:47
super bright. So we had this huge drop-off of
40:50
sustainable energy that peaker plants weren't able to get
40:53
turned on in time. And it's I think it was because
40:56
they were actually Frozen, and they had to like, figure out how
40:59
to keep them up to get them running again.
41:00
And so there was like, a Confluence of events that caused
41:03
this to occur. Now, if we had say 50 percent
41:07
more energy in the grid being consumed by Bitcoin miners, they
41:10
could have all come off line and all of that energy can flow
41:12
through to the cities. That's the concept of demand
41:15
response and control the load resourcing.
41:18
And what we built, we designed the low 20s firmware to
41:21
specifically Target that type of activity, which we think is
41:24
going to become probably the most ubiquitous and profitable
41:28
way to mine Bitcoins. So we took the minor and
41:31
basically removed all of the guardrails and give people a
41:34
very strong platform and toolset that they can use for for taking
41:39
part in those types of activities.
41:41
It's also a phenomenal platform for people to do like hobbyists
41:44
and tinkering Mining, like we have some people that know
41:48
Because we expose each chip individually.
41:51
You can actually see like where chips are hot.
41:54
Like you can see here. Matt is shown a screen so you
41:56
can actually see every chip individually.
41:58
We actually expose an API that allows you to to remove, or to
42:02
modify each chip individually. So you can actually take, you
42:05
know, say for number two, chip number 45 and clock it down a
42:10
little bit. We know that board number two
42:12
here. Sorry board one, the middle
42:14
board. We know that boards generally a
42:15
little hotter. And we actually know, there are
42:18
places with on that board itself that are a little hotter so you
42:20
can reduce the frequency of some of those chips.
42:25
And then keep the chips at high, you know, high frequency on
42:28
board 10 and port to which stay cooler.
42:31
So, these are all things that we tried to expose via the as a
42:35
platform. So you can use this Asic in this
42:37
mining machine in a lot of different ways.
42:39
Now, people are super creative, they do all sorts of things, all
42:43
sorts of things, all sorts of things, mining machines, 2
42:45
Jacuzzis, We've seen people hook up mining machines to heat their
42:49
home, which is incredible. Like, if anybody's seen some of
42:52
those pictures of a Bitcoin miner plugged into the central
42:54
heating of a home? It's incredible, you know then
42:58
of course at the larger scale people are using these to
43:00
balance the Grid or you know consume stranded energy and
43:05
those all of those things we built the we built the Lux OS,
43:09
platform to support. Yeah, kick it back over to you
43:13
Matt. Anything you want to add on
43:14
that. Yeah, there's one feature I
43:16
think my play here, so like I've tuned in for a couple episodes
43:20
in the past for you guys, I know you have been talking about
43:23
choke points. So, one of the things that's
43:25
kind of relevant here is like, if the on ramps are taken away
43:30
the only real other opportunity to get Bitcoin is by mining
43:35
right now. Not everyone can afford a s19 j
43:39
Pro by themselves, but if you want to pull in with a buddy and
43:43
have a stream of SATs that, that isn't necessarily kyc, you can
43:48
use this feature that we introduced where you can split
43:51
your hash rate. So I could add a pool here for
43:55
Bill and a pool here for me and we can split the hash rate at
43:59
the machine. So we can go halfsies on the,
44:01
the of the capex. And then let's say, someone has
44:04
an opportune purchase agreement for power, then they can host it
44:08
at their house and mine. They're so like you have
44:11
different ways to do that and then you don't have to worry
44:14
about splitting out. The Bitcoin at the end, the hash
44:16
rate just goes directly to your pool account, which looks our
44:19
offers a pool. So we'd be happy to host you
44:22
there. So it's a really neat feature
44:24
for for people who want to do some home mining, but don't
44:27
necessarily want to Fork out a couple grand for a minor by
44:29
themselves. Interesting very, very very
44:33
interesting stuff dude. I'm so glad that you know, I'm
44:40
so glad that that you guys are you guys said, don't you offer
44:45
hosting because one of the main questions and I would love for
44:49
you guys to elaborate a little bit more and dive deeper into
44:52
that because one of the one of the main issues that I always
44:55
get from, someone is hey I live in the UK electricity prices are
44:59
too expensive, you know that, you know, I can't mind, but I
45:03
still want to get involved. So maybe you guys could talk a
45:06
little bit about what hosting is.
45:08
And what your offerings in that and that is that are just to
45:13
clarify. We don't actually offer hosting
45:15
Services, we have, oh, I miss her, I miss her, I miss her.
45:19
No, I mean, yes. So you could do like micro
45:25
hosting, like if you've got a buddy who has the power, I mean,
45:29
like peer-to-peer hosting, not like the industrial hosting is
45:32
what this would enable. Okay.
45:35
Okay. But there are obviously hosts
45:37
out there. And so That boils down to trust
45:41
their important. Third party.
45:44
I'm drawing a blank here. But you understand like make
45:47
sure you monitor who you trust and in a conical.
45:49
Tomica got no worries. I must I must.
45:52
I must have misheard when I heard you say hosting.
45:55
So we work closely with a lot of hopes will offer hosting
45:58
directly meeting. We don't own any infrastructure
46:01
like that and offer it directly through luck sir.
46:03
But we also have great partnership with a lot of really
46:06
high quality hosts hosts. That we've worked with a lot in
46:08
the past and while master totally, right.
46:11
That, you know, if you don't have your, if you don't have
46:13
Physical access to your machine. Not you're not your hash, not
46:17
your host, not your hash but we do work with some really high
46:20
quality host, that we do have a lot of trust in.
46:23
And so if anybody is here, looking for some hosting or
46:26
wants to chat about like different hosting options, we
46:28
have a lot of options available, both in the US, Canada some
46:32
Latin American locations and, you know, working on some Asian
46:35
locations. But generally those, we try to
46:37
stick to the Western Hemisphere. It's just what we do best.
46:39
Oh, interesting. Yeah, very very cool.
46:41
Very, very cool guys. It sounds and Have you.
46:44
I've used your guys's Asic desk before as well as a purchase
46:47
minors. Why do you talk a little bit
46:48
about that? Yeah, so we actually.
46:54
So we've got into brokerage mining Machines, Mighty Machine
46:58
Sales which we call a six trading because we view them as
47:00
an asset and that they we try to think of them as a liquid asset.
47:03
Meaning they can be readily bought and sold the same way you
47:06
buy any liquid liquid commodity asset similar to or oil, or
47:11
corn, or gold, or whatever. So, we view them as an asset, so
47:15
we call it the AC trading desk, underneath the hood.
47:17
That looks a lot like machine brokerage, which is, you know,
47:20
finding a buyer And lining up a seller that sort of thing.
47:24
But so we done that traditionally since 2021 as an
47:28
OTC desk mean we have somebody that you know somebody that's
47:31
Manning a telegram group or working at telegram group and
47:35
then when somebody says they want to buy, we go out and find
47:37
a seller or somebody wants to sell.
47:39
We go out and find a buyer that sort of thing.
47:41
But we have recently launched, what we call, our Luck's RFQ
47:45
looks a lot, you know, you can actually think of it like an
47:48
eBay for mining machines but The reason we asked built that
47:52
instead of, you know, using eBay or Amazon or whatever is because
47:56
mining machine sales are actually quite unique.
47:59
They, you need a lot of times, you need to parse them up into
48:02
multiple buyers. If you have a big seller, like
48:05
we saw yesterday was a 15,000 machine order, sell order.
48:10
And you need to most likely break that up into multiple
48:13
buyers, is a very rarely, are you going to find one single
48:15
buyer that's willing to take fifteen thousand machines?
48:18
We built this platform specifically for that.
48:21
To help make your to help make that easier for people to want
48:24
to buy into by machines. It's called RFQ, your RFQ Deluxe
48:28
or attack and take a look. You, I is incredible.
48:31
Yeah, so that's that's kind of where we're at on brokers in the
48:35
idea behind that is, it makes it so much more scalable platform.
48:38
And it's also like the user experiences is a thousand times
48:41
better when you're using something like that.
48:43
Rather than having to like keep track of, you know, a bunch of
48:46
different telegram, chats or we chat groups or things like that.
48:49
The OTC world is where a lot of These markets start to form like
48:52
you know, almost pick my future started as OTC.
48:55
All of this stuff started OTC and then eventually it matures
48:58
into, you know, a more platform type project product similar to
49:01
what RFQ is now and that's really where we're at and it's a
49:05
great it's a great platform and you know, I've I use it.
49:08
I was the first purchase the XP that I tested for more on.
49:10
I purchased through our of Q which was great.
49:13
So mad No, I've been checking it out today.
49:19
I actually have a buddy who wanted to buy some basic.
49:21
So I put in an order for him, but yeah, it's pretty nifty,
49:25
like I just have it pulled up here on the screen.
49:27
I don't know if anyone can see it but yeah, it's eBay for Asics
49:31
and it definitely provides a layer of trust.
49:34
All right guys, let's get to the meme review.
49:36
Let's review some memes. Let's do it.
49:41
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All right, guys, this is the mean review.
50:09
This is your favorite portion of the show, where you guys send us
50:12
memes. We review then live.
50:14
And you guys give us your meme review scores in the chat.
50:18
So, before I finish the memes, drop your me.
50:20
Movie score in the chat. As we say, every single day,
50:23
tweet to the bullet to memes are the artillery, it is our main
50:26
world and everyone else is just living in it.
50:28
As you can see, very clearly on today's episode, we are in an
50:32
information War and the powers that be do not want you to hold
50:35
Bitcoin. So, what are we going to do?
50:37
We're going to ridicule them in memes and we're going to stand.
50:39
Sad stay humble and spread the Bitcoin signal far and wide.
50:44
Anyways, I already told you guys that today's mean review is just
50:49
full of the Greenpeace skull meme.
50:52
So we're gonna go in. We're going to dunk on
50:56
Greenpeace, not the artist because he may have become
50:59
orange. Pilled, he did a great piece,
51:02
but we're going to ridicule Greenpeace while we do it.
51:05
Anyways, this first meme is by at their Gigi, or I'm not
51:09
exactly sure if this is actually at their GG because he was just
51:13
reposting. All of these Green School memes
51:15
but I really like this one and it goes this kid is looking at
51:18
his future and need sunglasses because it's so fucking bright.
51:22
And we got the kid here going. Thank God, Grandpa converted
51:25
Fiat to bitcoin and the younger little brother going.
51:28
What's Fiat as he looks at the green skull with nuclear power
51:32
plant on his head. Anyways, this next one is by
51:35
bikes and Bitcoin, shouts out to you but only goes Bernice at
51:38
monster. Leaving the typos in, and we got
51:41
the, the Bernie Sanders meme. But of course, we got the green
51:45
skull on his head and he goes, I am once again, asking for your
51:48
excess and waste energy to secure the net.
51:51
O'roarke the network, okay. This next one is by RT, B, TC.
51:56
And he goes well, well, well hashtag who paid you.
51:59
Hashtag Fudd at Greenpeace, a triple and we got the Scooby-Doo
52:03
meme where he pulls off the villains mask and the villains.
52:07
Mass is the green. Cool and under the mask.
52:11
Oh, what do we find? It is the Ripple logo because
52:15
this is all fun paid for by the Ripple foundation.
52:18
And on that point, we got this mean by world of Rusty.
52:21
And again, it's the little kid looking at the green skull Meme.
52:25
And he goes, wow, Ripple finally, produce something of
52:28
value. It's a beautiful piece of art,
52:30
that was supposed to fund Bitcoin.
52:31
But hey, it is how I mean world and we are taking this is mine.
52:34
Now, this is mine. Now anyways, this next meme is
52:37
buy. Bitcoin are log.
52:39
Otherwise known as John karbala and he goes all your inflation
52:42
are belong to us and we got the green skull.
52:45
And again, with the saying, all your inflation are belong to us,
52:49
if, you know, you know, to play on a classic, they claiming this
52:53
next one is by at huddle South, and it's the classic come on, do
52:57
something mean. But instead today, we have the
53:00
guy poking, the green school and the guy has the Ripple logo on
53:04
his chest. And he's pokes, a green school
53:06
and goes, come on, spread some Fudd.
53:09
The flood backfired because we just took it and this is mine.
53:13
Now anyways, this next meme is by Lena see Shane she goes I
53:16
love bitcoiners and we got a little hot ler, comic strip here
53:20
and the first box goes what can I do to make Bitcoin look evil
53:23
and scary? And he thinks a little more and
53:25
he goes I'm going to commission some epic anti Bitcoin art.
53:29
And then the next box we got the green skull.
53:34
And we got a big Corner going. Whoa, what's that?
53:36
And then the guy goes, this is a symbol of Bitcoins evil.
53:39
Energy, use and ocean boiling and every Bitcoin ago, this is
53:43
so cool. Look at the laser eyes, it's
53:45
just bad ass. And then he got, hold on, you're
53:47
not supposed to like it. It's Howard mean world.
53:50
And this is where we are today. If you are out there on Twitter
53:53
today, I'm sure that your timeline is just full of a bunch
53:57
of green schools. And this last one is buy
54:00
Bitcoin, scoresby. And I really love this one
54:03
because, hey, we're not just going to ridicule the Greenpeace
54:08
fun. The campaign.
54:10
We're going to drop a little truth on there.
54:12
So this is a picture of a money printer and it's got the Bitcoin
54:16
logo and it goes, hey Greenpeace, people can't save
54:19
the planet if they can't save for the future, change the
54:22
money, not the code. I felt that one.
54:27
That was, that was a solid one. Anyways, Drop Your Meme review
54:31
score in the chat as we Covers hours live.
54:35
Oh yeah, I got my score already. I don't know if I'm given this
54:38
one yet. Nico.
54:39
Actually, I may have given it already so I'm going to do it
54:42
twice. I'm going to give the st.
54:45
Op T. What do you call these things
54:50
table saver? But with the mug, the set,
54:55
Shoutout to extend MOS. You're muted.
54:59
You mean it? Hold on, hold on.
55:00
There we go, I'm meet me. I'm going to give it.
55:03
A bit plates, Domino. The plates are designed to
55:06
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55:08
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Plates using promo code simply. That's my score.
55:18
Boom, boom. Nope score.
55:20
Let me go get it one sec. Okay.
55:24
Matt why don't you give a score while Nick gets his score upside
55:30
down looks OS and A good one. I was going to say mine is the
55:37
favorite but that was a pretty damn good one.
55:40
I got the same one, what is it? It's the bond order 69 420.
55:52
Yeah this is an incredible piece of art by a friend of mine.
55:55
Tommy we're dick when magazine artist actually describe this.
55:59
This thing is freakin cool. I just got it so it's not framed
56:02
yet but This is going to be sitting up here somewhere.
56:04
On this wall behind me. Is this is like one of my new
56:07
favorite pieces of art. Yep.
56:08
Yeah, I literally I got the same one.
56:10
I literally got the same one. He was, you know, the Tommy made
56:12
a couple, the original art piece by the ways hanging and Bitcoin
56:17
Park in Nashville, Tennessee. It's huge and it looks awesome.
56:21
Anyways, guys before we get to the meme scores, I want to give
56:26
a shout out to her awesome clothing sponsor opt he's get a
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model represent LTD.com Opti showed off bro.
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It's sold out but I think there's some T-shirts left.
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Get it while supplies laughs last represent LTD.com promo
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code simply. Anyways.
56:49
Opti let's get through this. Get to some scores.
56:54
That's what I'm putting this one in Hindi controlling himself on
56:58
this one meme score. Shout out for the two guys
57:00
talking about cool. Nifty eBay for racks, just
57:03
before kabu, racks commercial, kind of fits to the Satoshi
57:06
skull story. Hey, come, come boomboxes do.
57:11
But I don't know what you guys are talking about.
57:13
The p man van. I give those memes Garlin house,
57:15
looking at the Greenpeace logo as his shit.
57:19
Coin goes down. All right, next one.
57:22
All right, the coin. Becca.
57:24
Wait. I revise my score?
57:25
I give those memes. A Greenpeace sponsorship.
57:28
Very very nice Fields score. I'm changing the code running
57:34
Greenpeace. Very, very nice.
57:36
Very, very nice. All right.
57:38
Next one score. Now also Undead have laser eyes,
57:42
very, very nice. Next one under this.
57:44
I give the memes a Greenpeace, hard Bitcoin for coins to dump
57:48
on the trade, fight World Rose. Okay.
57:51
I think the These are scores but they're just words so Stone
57:54
toasters, very very nice. Next 18 my daughter got micro
58:00
very nice, deep red more heaters.
58:04
Okay. Okay we're done, we're done,
58:06
we're done with the scores guys. Thank you.
58:07
So wait, wait wait, wait one more, one more one more planet
58:10
Earth, planet. Earth meme score.
58:12
An army of autistic bitcoiners. Not giving a full cup.
58:15
Okay. Very very, very nice.
58:18
Alright guys, thank you so much for tuning in to another episode
58:21
of A Bitcoin live. I want to give a shout-out to
58:24
our awesome guest from Luxor, Nick, and Matt.
58:26
Thank you so much for joining us today.
58:27
Bros. Thanks for having us.
58:30
Really appreciate you guys coming guys.
58:32
Go ahead, Nick. Appreciate it.
58:34
Thanks guys. Everyone go go follow, Matt.
58:36
He's actually quite quite good at Twitter.
58:39
Oh, okay. Hell yeah.
58:42
Alright guys, love you all. Thank you so much for tuning in
58:44
to another episode of Simply Bitcoin live.
58:46
We will see you Monday, 12:15 p.m.
58:48
Eastern Standard Time for another episode.
58:51
Love you all. Enjoy your weekend.
58:52
Peace out. Let's go.
59:10
All right, is this over? Yeah, believe so I think we jump
59:17
over two spaces. No, no guys, stay safe.
59:20
Stay for a second. It's just a hot right now
59:22
because I haven't end of the screen.
59:24
Hot mic There's a bit of a delay just like, 30, 30 SEC, know,
59:35
there's a, there's a delay on the screen.
59:36
Give it 30 seconds.