Latest / Simply Bitcoin / Investors Ditch Dollars for Bitcoin in RECORD Numbers | EP 593

Transcript

Investors Ditch Dollars for Bitcoin in RECORD Numbers | EP 593 · Simply Bitcoin

0:17
Yo, okay today is October 4th 2022 and welcome to Simply
0:22
Bitcoin. I got to start the show because
0:25
Niko's internet's having a little trouble and I got the
0:27
pretty face. So we are your number one source
0:30
for the peaceful Bitcoin Revolution.
0:31
We cover the breaking news culture and memetic warfare, and
0:35
we will show you why only Bitcoin can give you true
0:38
Finance your financial sovereignty.
0:40
And by that we mean Freedom. This is why we do it.
0:43
Bitcoin is freedom. Anyways Nico let's get into this
0:46
dude. You're making me nervous.
0:47
Now. Anyways, opt he's first
0:51
introduction. Absolutely amazing guys.
0:54
This has been a crazy crazy, couple of weeks, went from
1:00
Puerto Rico to Miami. Miami Nashville, Nashville,
1:05
Miami now, Miami Austin, and then Austin, Miami Miami, New
1:11
York, New York, Miami Miami, laa-laa, Miami, Miami.
1:17
Colorado. That's the rest of my, this
1:19
arrest of my year, it's going to be absolutely crazy.
1:22
I'm going to be traveling all over the place.
1:23
Hopefully, I have good internet when I go, but when I don't opt
1:27
e is going to be doing the introductions anyways.
1:29
Today, we have a lot of spicy things to talk about.
1:33
Obviously the, the inevitable was going to happen.
1:37
People are seeking alternatives to Fiat, currencies, articles
1:42
are being released. And again, coincidentally, at
1:45
the same time, Both European officials and White House
1:49
officials are suggesting that, of course, we should Step Up
1:53
regulation on cryptocurrencies because, you know, safety and
1:57
all that stuff has nothing to do with the fact that people are
1:59
choosing an alternative course. Not, you know, we would never
2:02
say that anyways, Opti. What do we have for the culture
2:05
today? My brother?
2:06
Well, for the culture today, Nico, I saw this article on
2:10
bitcoin mag it's by well, I'm not well butcher your name
2:14
during the culture, but it's titled.
2:16
Bitcoiners trade Bitcoin to get more Bitcoin or I probably
2:20
butchered that. But yeah, we're going to get
2:21
into it. I break down the article and
2:23
then, you know, have a little conversation about it and what
2:26
we think about it and what our friends think about it, and give
2:30
people the sows. So the pizza sauce, the sauce.
2:34
But yeah, dude, I'm super excited for today's episode.
2:37
I'm super excited for the rest of the week, bro.
2:39
The mining conference room be live streaming from the floor.
2:43
We're going to try to get as many guests as possible.
2:45
I also have have a simply Bitcoin IRL episode coming
2:49
tomorrow which I know a lot of you guys are going to enjoy it
2:52
with Craig Foss and we're going to talk about the the current
2:56
clown world right now to be interesting to get his takes.
2:59
But anyways, Opti, let's start the show Number time brought to
3:05
you by novel at this point, you should be running your own
3:08
Bitcoin note. If you don't use your own
3:10
Bitcoin node, you're trusting someone else's run your own
3:13
version of Bitcoin core. The lightning Network,
3:15
whirlpool, and Dojo all from the comfort of your own home.
3:19
And if your digital Nomad, you have absolutely no excuse
3:22
because now you can run a novel through a virtual private
3:25
server. Visit nottle, Dottie you today,
3:28
All right, guys, at the time of recording, the Bitcoin price.
3:31
Oh, look at that, twenty thousand and ten.
3:33
So that's per dollar 4998. Also under 5,000 very good,
3:38
Moscow time, block height, 750 7050 to reachable bitcoin nodes
3:43
14,000 841 blocks to The Happening. 80 2948, having
3:50
estimate April 22nd 2024 total lightning network capacity, 4970
3:57
seven. I mean, capacity value is around
4:00
99 million. U.s. dollars realize monetary
4:03
inflation. The reason we cover that and it
4:06
doesn't really change much. It's just to highlight how much
4:09
Bitcoin is destroying all Fiat currencies, right?
4:11
And that number is just going to be continued to get cut in half
4:15
roughly every four years. So I'm going to keep rubbing it
4:18
in their face. It's great market capitalization
4:21
383 billion dollars. Anyways I want to give a
4:25
shout-out to go before you go and before you go in Lightning
4:28
that work is above 5000. I'm over here on emboss top
4:31
space and we are at 5024. .21 BTC, I guess du Clark Moody
4:37
dashboard is lagging a little bit, but all the news around
4:40
Twitter is lightning capacity above 5,000 Bitcoins.
4:43
So that's a go serves that deserves and I love corn
4:46
soundboard. Oh, hold on, hold on.
4:50
I wasn't prepared for that one, Nico, but oops, wrong one.
4:55
Oh, wrong one. There we go.
4:58
There we go. Anyways, guys, I have a very
5:01
special video to show with you guys.
5:02
We're going to react to it, shout out to the crypto couple
5:05
because they originally posted. This is a European politician
5:07
saying the quiet part out loud to European Parliament.
5:10
They all made fun of them. They all laughed at him.
5:12
Who's laughing now? Let's check it out.
5:15
We really understand the concept of banking.
5:18
All the banks have broke Bank Santander, Deutsche Bank, raw
5:22
Bank of Scotland are all broke. And why are they broke?
5:25
It isn't an act of God. It is a, some sort of tsunami
5:29
that broke because we have a system called fractional,
5:31
Reserve banking, which means that Banks can lend money that
5:35
they don't actually have, it's a criminal Scandal and it's being
5:39
going on for too long to add to that problem.
5:42
You have moral hazard a very significant Moral hazard from
5:46
the political sphere, and most of the problems starts in
5:50
politics and central banks, which are part of the same
5:53
political system. We have counterfeiting,
5:57
sometimes called quantitative easing, but counterfeiting By
6:00
Any Other Name, the artificial printing of money, which of any
6:05
ordinary person, did they go to prison for a very long time and
6:08
yet governments, and central banks, do it all the time.
6:11
Central banks, repressed. The amount of interest that
6:14
rates are so. So we don't have the real cost
6:16
of money. The sheer effrontery of this is
6:19
quite astonishing, its central banks, its central banks that
6:23
manipulate interest rates commissioner and plus underneath
6:27
all this, we talk Loosely in a rather Cavalier fashion.
6:30
Do we not about deposit guarantees so when Banks go
6:35
broke through their own incompetence and chicanery, the
6:38
taxpayer picks up the tab, it's theft from the taxpayer and
6:42
until we start sending bankers and Include Central bankers and
6:46
politicians to prison for this outrage.
6:49
It will continue. So, shout out to the crypto
6:57
couple. Absolutely slaying the game.
7:00
Absolutely slaying The Narrative.
7:02
Trench warfare. The Battlegrounds on the
7:04
internet with memes the most effective weapons, I might add.
7:08
So first shout-out to them second, he quickly got suicided
7:12
two days later. They just yeah as unfortunate
7:15
and I'm just totally messing with you.
7:16
But yeah, man, look saying the quiet plowed out loud to, you
7:20
know, European Parliament. They laughed at him.
7:22
If you saw the full video, they laughed and they didn't believe
7:24
him. It was Only five ten years later
7:28
that we're witnessing this. We're witnessing the craziness,
7:32
whether it's printing more money.
7:35
Even though even though the Germany has 10% inflation, even
7:40
though UK has 10% inflation right now, we have the United
7:43
Nations on their knees, asking the Federal Reserve to turn on
7:47
the money printer again, like it is absurd.
7:51
Let's and Central Banking. But what I think his name was
7:55
Joffrey. What what Stir Joffrey, sir.
7:57
Joffrey didn't realize is, look, you were never going to be able
8:02
to put these politicians and Central Bankers in jail, right?
8:05
They collude right? Politicians benefit from being
8:08
able to have the money printer and of course, the central
8:11
Bankers benefit from the regulatory moat that obviously
8:14
you know, the politicians build around them.
8:16
So it's like a mutually beneficial relationship.
8:19
The book creature from Jekyll Island touches upon this and
8:22
explores that topic a lot more. I definitely recommend reading
8:25
it. But yeah, man, it's Dude, I'm
8:29
glad he said the quiet part out loud.
8:31
I hope more politicians. Wake up to this reality I
8:36
suspect and I'm calling this right now and it wasn't only me
8:39
saying this and BK said this on the show as more and more
8:42
politicians get incentivized by Bitcoin.
8:44
They're going to start calling out the scam of Central Banking
8:48
on its face and you're going to start to hear it.
8:50
You're going to start to hear it more and more and more and more
8:53
and that's just not me speculating that you heard the
8:57
the The duly elected, the newly elected leader of the
9:00
conservative party in Canada, that has a chance to win the
9:04
next Premier. The equivalent of a presidential
9:08
election over their prime minister whatever he has a
9:12
chance of winning that election in Canada and he's super based
9:16
and he's saying exactly the things that Joffrey was saying,
9:18
right? It's like look inflation, it's
9:20
not caused by businesses, is not caused by Putin.
9:23
It's not caused by the war. It's caused by government
9:26
printing. Too much money.
9:27
The The problem, the issue here is Central Banking itself,
9:31
Satoshi said it came from his own words, the problem with
9:35
Central Banking is that you have to trust the Central Bank, not
9:38
to debase the currency and history shows, they've broken
9:42
that trust time and time again, but the reason nothing gets done
9:46
as Joffrey. So beautifully put is that,
9:48
dude, it's a mutually beneficial relationship politicians benefit
9:52
from it and central banks benefit from it.
9:55
So what's the incentive to change?
9:57
There was no incentive. The change until Bitcoin.
10:00
Now there is. That's why they're fighting it.
10:02
That's why they hate it. And what 9 bouquet Lee said,
10:04
yesterday, that's why the creatures are coming out of the
10:07
woodwork and throwing everything in everything to try to attack
10:11
this thing, whether its climate social issues etc, etc.
10:15
They hate this thing because they can't control it and it's
10:18
the end to the racket. That is Central Banking.
10:22
We don't want to get stolen from, we're not going back.
10:24
Anyways. I'll see what are your thoughts
10:25
brother? Well, First off, we're starting
10:29
off strong, a solid Nico Jones, rip second off.
10:32
I love that video from crypto couple hard-hitting video this
10:36
morning. And just some quotes from from
10:38
that video. You know, quantitative easing is
10:41
counterfeiting, central banks are the issue, and then I'd love
10:44
that. The very end for the people that
10:47
are listening in space. Is there was a quote on there or
10:49
mean basically, at the very end it says if you had a chance to
10:52
opt out, would you this is why we Bitcoin and and I'm glad you
10:56
brought up the buchelli. Recall that we covered yesterday
10:59
because he was literally saying the same exact thing and what
11:03
you said, this video was like, five or 10 years old or
11:05
something of that nature. So, the signal is getting out
11:09
there and more, you know, as much as I am, the tinfoil hat,
11:13
we're over here. More politicians are spreading
11:15
the signal and and more people are being woken up to the idea
11:19
that Central Bankers are the issue and Central planning is
11:23
the issue here. So we say all the time opt out
11:25
with Bitcoin, take Bitcoin in the self.
11:28
Eddie self custody is the revolution like this is what
11:30
Bitcoin fixes, like, fix the money, fix the world, all the
11:33
memes. And, and all the ways that we
11:36
try to, to beat this message into your head, we will continue
11:41
to double down and get more examples from people that are
11:44
spreading the signal. So, absolutely love the video to
11:47
start off this morning, to go. Preach preach, saying Opti is
11:51
preaching. Anyways, I want to go through
11:53
some of the chat, because it's absolutely hilarious.
11:56
Why Nick is, is this live? Yes, It's live.
11:58
Why nicus this is this live? Wine a kiss.
12:02
So why not kiss? He is the best by the way, if
12:05
you want to know how to be, how decentralised homelessness Works
12:10
hit up wanna kiss on Twitter, he's mastered the art and he's
12:13
constantly trying to get extract more money out of me opt.
12:16
He's form a relationship with Christine Lagarde.
12:19
Yes, that's a handle says Rome fell opt.
12:22
He's loving relationship with Chris.
12:23
He fell. So we'll so we'll central banks.
12:27
I mean I saw the way that opted he's been looking at Christine
12:30
Lagarde. Hey she looks good.
12:33
What can I say? All right.
12:37
Moving on. No, no.
12:38
We're not going down that path. All right, let's go to the news.
12:43
The Daily News brought to you by B box to bitcoin, only addition
12:48
a hardware wallet by shift crypto crypto like cryptography.
12:51
It's secure, it's open source and it's so easy, your mom can
12:55
set it up. Self custody is the revolution
12:58
in the bit box. Makes it simple, do not leave
13:01
your Bitcoin on an exchange order a bit box today.
13:06
All right, before I get into it, I just want to read this last
13:07
comment op, these former relationship with Christine
13:10
Lagarde, said, Chrissy used to call him saying up, T to they
13:14
all do. No, no, no.
13:17
Okay, moving on, moving on. I don't know why I did that.
13:20
Okay, anyways guys, this we're winning, we're winning.
13:23
This is, this is what victory tastes like.
13:25
You feel it? You feel smell it.
13:27
Just take it, take a second to smell it in.
13:31
For audio listeners, the name of the article.
13:34
The headline is investors ditch the Euro and pound for Bitcoin
13:39
in record numbers as their value plummets.
13:43
I'm going to read that again because it is incredible.
13:45
It's incredible. Headline, investors ditch the
13:49
Euro and pound for Bitcoin in record numbers as their value.
13:53
Plummets goes on to say, in the midst of the collapse of
13:57
multiple Fiat currencies worldwide, the crypto Currency
14:00
Market seems to be going strong. Investors leading investors to
14:05
turn their gaze to digital assets like Bitcoin and
14:07
aetherium instead as it happens. Investors in the United Kingdom.
14:11
In the European Union are selling their pounds and Euros
14:14
to purchase Bitcoin and record numbers as these individuals
14:17
from the UK and the EU. See the value of their currency
14:20
collapsing. They effectively sell the pounds
14:22
and Euro for Bitcoin from the theorem there in the quote.
14:26
But anyways, the I hate how I hate, how they do that.
14:30
And they they linked the regulator's do this.
14:34
The media does is they link Bitcoin shit coins like it's
14:37
extremely frustrating. Anyways, if this were just a
14:40
trade to capture the volatility, we would we would have seen a
14:44
similar spike in May 20, 21 and certainly and May 20 2010 and
14:48
March 20, 20, did you hear that? That is a very strong piece of
14:52
signal. What they're saying is that this
14:56
wasn't just a trade. This wasn't just like, I'm going
14:58
to buy low, sell High. Hi, no.
15:02
It's opting out if this were just a trade to capture the
15:06
volatility we have seen similar spikes in, May 20, 21 and
15:10
certainly and March 20, 20, And here's the unfortunately, audio
15:15
listeners can't see this but this is a graphic from sorry and
15:20
look at that Opti. Look at that, holy crap,
15:23
investors sell euros and pounds were Bitcoin and record numbers
15:28
on recent currency. Devaluation of people are are
15:32
out. And of course, they're freaking
15:34
out. We're going to get, says, as per
15:35
the chart, that spans until September 27th, the day, leave
15:39
all Bitcoin purchase by Euro has reached 50 that week between
15:43
Number 20, s and 27th. And the same figure is reported
15:46
for Bitcoin purchases made and pound sterling.
15:50
And coincidentally of course August 4th, this article comes
15:54
out, we use esm a raises alarm Bells, overgrowing crypto use as
15:59
It prepares for new powers. That's a big coincidence.
16:03
So this connect the dots we try to do on the show, right?
16:07
The investors ditch the Euro and pound for Bitcoin and record
16:10
numbers as their value pumice. And coincidentally, EU e SM, a a
16:15
government agency raises alarm. Bells overgrowing crypto use as
16:18
It prepares for new powers. So we must need new powers
16:22
because people are choosing to opt out into a better currency
16:24
that doesn't steal from them. It's beautiful how much Bitcoin
16:30
exposes people's incentives and if you want to know how scared
16:34
they are, I'm not even going to say it.
16:36
I'm going to show you a video from the Vampire, Queen herself,
16:41
Christina God. And opt his Where do we stand
16:45
with Central Bankers? We have been operating as a
16:48
monetary anchor in relation to the commercial Banks and the
16:51
private money. If we are not in that game, if
16:54
we are not involved in experimenting, in innovating, in
16:58
terms of digital central bank money we risk losing the role of
17:05
Anchor that we have played for many many decades and we have
17:10
historical examples of period where the Central Bank.
17:14
Monetary anchor was not there and that precipitated crisis
17:20
after crisis that certainly was the case at the time of the Free
17:23
banking in the 19th century. Do we want to go back to those
17:26
days? Probably not.
17:28
I would say, certainly not from our Vantage Point, as a result
17:31
of which we have to respond to the demand for those digital
17:34
payment in order. To maintain the role of anchor
17:37
that we have been playing regularly.
17:41
Well anchor, what anchor they talking about like the biggest
17:45
Wars and the biggest depressions happened under Central banking.
17:50
So what anchor? Right 10 percent inflation.
17:52
Is that the anchor you're talking about?
17:54
Like what is this anchor, but it's not only the Europeans that
17:58
are freaking out, right? It's also the United States
18:01
government, Joe Biden's and minute, this is a headline for
18:04
audio listeners. From the financial times Joe
18:06
Biden's Administration urges Congress to speed up crypto,
18:10
crypto rules. Mind you this article, this
18:14
announcement came after the release on digital at the
18:18
digital asset framework, right that advertised right, that,
18:22
that that promoted Central Bank, digital currencies and attacked
18:26
Bitcoin because of its energy use and also wanted the mining
18:31
industry to adhere to standards that were completely unfeasible
18:35
that No other industry has to follow as well, right?
18:40
Also in that report which we covered yesterday, right?
18:43
Coincidentally, you know that tornado cash developer that was
18:46
that was arrested you know because he he helped the North
18:49
Koreans also in that report they mentioned the North Korean
18:53
example by name and of course a paragraph above which we showed
18:56
in yesterday's episode, they're advocating for Central Bank,
19:00
digital currencies because it would give them more control.
19:04
So clearly the powers of be the this is the separation of money
19:08
and state they're freaking out, they don't know what to do,
19:11
right? And at the end of the day, this
19:13
is what I tell you Bitcoin wins because incentives are stronger
19:17
than coercion and governments are not going to be able to do
19:19
two things, right? They're always going to want to
19:22
be able to control money and they're always going to want to
19:25
be able to debase money because that's how they pay for
19:28
themselves, right? And because they're going to
19:30
want to be able to, they're always going to be.
19:32
I want to be able To do those two things.
19:35
They will never be able to match Bitcoins incentives.
19:38
That's the unfortunate part for them.
19:40
Anyways, I'm going to read some of this article.
19:41
We're going to talk about it does.
19:43
The bond Administration is called on Congress to pass laws
19:46
to clarify how cryptocurrency should be regulated as officials
19:49
warn the delays on Capitol Hill could put investors at risk mind
19:53
you this comes after their release on the digital asset
19:56
framework about a week ago, right?
19:58
So they're worried the US, Financial stability, oversight
20:01
Council, a group of the countries.
20:03
Top Financial Regulators, including the treasury.
20:05
Today, urging politicians to come to an agreement on a number
20:08
of areas, including how to regulate Bitcoin.
20:11
You can't regulate Bitcoin. Okay?
20:14
Can't can't do it. You can regulate the on and off
20:17
ramps. Of course you can, but you can't
20:19
change the rules of Bitcoin. It's up to the individual to
20:24
choose what Bitcoin software they want to run.
20:28
Only, if you're running your own note, of course, and other
20:31
crypto assets, sold on the spot markets, very interesting that
20:34
they said the spot Market because remember, they've
20:36
approved the Futures Market already.
20:40
Then the Futures Market has been known to cause price
20:43
suppression, right? Because you're able to trade
20:47
Bitcoin of which you don't own a spot Market is totally
20:51
different. Very interesting, right?
20:54
The SEC approved the Futures market price suppression but the
20:58
SEC has an approved the spot Market interesting how that
21:01
works, right? And why is that, remember the
21:04
number one convincers of Bitcoin?
21:06
The biggest orange pillar is Angie you technology and you're
21:11
seeing that happen here. It's in the headline Itself by
21:14
Finn bold investors, ditch the Euro and pound for Bitcoin and
21:17
record numbers as their value plummets.
21:19
Why would they stay in a currency that is Losing 10% of
21:23
its value versus a currency like Bitcoin that perhaps might be
21:27
very volatile on a year basis. But we know if you zoom out on a
21:33
35 year basis, it is the best savings technology mankind has
21:37
ever seen. Anyways, it goes on to say the
21:40
report comes as members debate proposals covering the 140
21:44
billion dollar stable coin industry to tax rules for crypto
21:47
Boat Brokers. But while B Administration
21:50
officials worried about a repeat of the collapse of Now, Infamous
21:53
stable coin, Tara USD those close to the Congressional
21:56
Congressional, negotiations said they were still months away from
22:00
passing legislation, and this is why I got so frustrated in the
22:03
beginning where mainstream media, a better said Legacy
22:06
Media and Regulators get confused, or it's not that
22:11
confusing. It might and my belief they do
22:12
it on purpose, right? They commingled Bitcoin and shit
22:15
coins, right? So a shit coin, blows up because
22:18
of a scam and what you're doing is that you're giving the
22:20
regulations at the The Regulators and Munition to go
22:23
after you. But this is why I got so heated.
22:26
Yesterday when I was talking about Alice machine ski pulling
22:29
out 10 million dollars before the collapse of Celsius, right?
22:32
Before they froze withdraws. This is why I get so angry about
22:36
it, right? Is like, not only do they steal
22:38
money from people but they also make the lives of bitcoiners
22:41
happy because Regulators either, they do it on purpose or they
22:44
don't know the difference between Bitcoin and shit coins.
22:47
Anyways, it goes on to say Regulatory Agencies such as the
22:50
Securities and Exchange Commission and a Futures Trading
22:53
commission have pressed for jurisdiction over the industry
22:56
as to see her. Gary Gensler has argued that
22:59
most cryptocurrencies and the platform's were there are traded
23:01
should be regulated by the SEC because many of the tokens
23:04
qualify Securities under us law. Okay?
23:07
So a lot of things to unpack here, right?
23:09
They're definitely going to go after shit coins, okay?
23:12
If it's not decentralized, it will inevitably be captured and
23:16
I am talking about etherium here.
23:17
We know that the vast majorities don't take my word for it.
23:20
Go check it yourself. The Majority of ethereum nodes
23:24
are run on servers of which more than half of those servers are
23:29
Amazon. Web servers.
23:30
Amazon also has a very, very profitable contract with the
23:40
Pentagon. That's right, so the same people
23:43
that are running Amazon, right? The same people that are running
23:45
a theory on Amazon web services also have very profitable
23:49
contracts with the US government.
23:51
Who do you? Think they're going to side
23:53
with, right? And if you command, if you, if
23:56
you compare that with Bitcoin, right?
23:58
It's the individuals that are running the nodes, which is why
24:01
we always add, is why we always advocate for it.
24:03
So strongly, run your own note, and then you get to pick and
24:07
choose what Bitcoin you want to run, which is why it's so
24:10
important. And then the other component,
24:13
right? Is that coincidentally, right?
24:15
Coincidentally on the heels of that article, I'm going to read
24:17
it again because of how important it is investors ditch
24:21
the Euro and pound for When in record numbers as their value
24:24
permits. Coincidentally that is when
24:26
you're seeing the the strongest Push by Regulators to you know
24:32
so-called regulate the crypto industry who incidentally when
24:37
inflation is high and people are seeking Alternatives and if you
24:40
still don't believe me I'm going to make the cabinet make I'm
24:42
going to make the case even more that it's malicious.
24:45
That this regulation has nothing to do about protecting the
24:49
investor if that were true 2009. Acres would have gone to jail
24:53
but no Banker went to jail. It was Main Street that pulled
24:57
them out again. This is a straw man argument,
25:00
just like North Korea. It's the same crap, it's the
25:03
same crap. We have to sanction, open-source
25:06
technology because of the North Koreans, we have to regulate the
25:09
crypto industry because volatility because the scams
25:12
because of this, because of that, it has nothing to do with
25:15
the fact that people are seeking a better money.
25:18
A sound money, right, total coincidence, right?
25:21
It's a coincidence. That this just came out a week
25:23
later that the B Administration is putting this pushing this
25:26
really hard. It's a coincidence that European
25:28
Regulators are pushing this really hard as well, right?
25:31
Those are very big coincidences. I don't think they're
25:33
coincidences. I think these people are
25:35
petrified. Remember the Christine Lagarde
25:37
video, remember opt. He's ex-girlfriend maybe.
25:39
That's why she's so mad. She's making the case we need
25:43
Central Banking. If we don't need Central
25:46
Banking, we're going to return back to the Wildcat era.
25:48
But hey, you know what, Christine Lagarde.
25:50
The most violent century We in human history, happened under
25:54
the watch of Central Banking. The biggest depressions happened
25:57
under the watch of Central Banking so you got nothing to
26:00
stand on and that is why you're upset and Opti I have no idea
26:04
why you dated her bro. Yeah, you guys are killing me.
26:09
That chat is killing me. All right?
26:11
First off you know people opting out of the Euro and the pound
26:15
it's almost like Bitcoin was meant for this moment.
26:17
It's almost like Bitcoin signal is spreading that you cannot
26:21
hold Fiat money. It is almost like the Bitcoin
26:24
signal continues to. Go to the surface and people are
26:28
realizing that you can't deep bass, Bitcoin, and Fiat is
26:31
stealing from you all that paper money is stealing from you.
26:34
And again, furthermore We're gonna I'm gonna cover this a
26:37
little bit in the culture. Actually that's my whole
26:39
culture. Segment today about that Bitcoin
26:41
is not a trade like Bitcoin is savings Tech.
26:44
You know, quit trading your Bitcoin and furthermore, you
26:48
know, as my girl we said if there's an exit door, then the
26:53
people are going to use it. So they got to stop the exit
26:55
door and light. The nagging girlfriend.
26:58
She was Central Bankers are the monetary anchors.
27:01
Keeping us all in chain and furthermore and furthermore We
27:06
say it all the time and and people say it on Twitter all the
27:09
time as well, but they will be regulating and try to regulate
27:14
the on and off ramps. And this is how the high-level
27:16
parasites. Will try to control Bitcoin.
27:18
They will try to stop the flow of Bitcoin into Fiat currencies.
27:22
And this is why we are such big advocate of, you know, the quote
27:26
on quote mythical Bitcoin circular economy using Bitcoin
27:30
with bitcoiners by the products you want with Bitcoin opt out of
27:34
the system because As we already know that this is, this is the
27:38
the attack guys, like they will regulate the on and off ramps.
27:41
And furthermore, you said the SEC going after shit coins, and
27:45
they're not only going after shit coins themselves.
27:47
As we saw yesterday. They're going after shit corners
27:50
and shit coin Pumpers, you know, Kim K.
27:53
This one's the other one about these girlfriends.
27:56
Yeah, you can you blame me on that one, but we know that we
28:00
know what, we know the game plan guys.
28:02
Because remember, what I covered yesterday on the culture segment
28:05
and what Kelly's article was, do not drink, the high-level
28:08
parasites Kool-Aid, he named names and he basically laid the
28:13
blueprint out completely. So if you forget what is going
28:16
on, guys? Remember to reread that article
28:19
and understand exactly what we are facing because the powers
28:22
that be are not stupid. Like, Nico has always told us.
28:25
And and furthermore, like he told me he's always like do not
28:28
underestimate your enemies and they're not stupid.
28:30
They understand what the game is, to understand that Bitcoin
28:33
is freedom. They understand that they have
28:35
to figure out a way. Way to Gaslight the normies so
28:38
that they do not opt out in a Bitcoin because Bitcoin is
28:41
monetary Freedom once. And like I said, I said on
28:44
Twitter. Like once enough people are in
28:46
the Bitcoin economy, once enough people are using Bitcoin,
28:49
there's a Tipping Point where they know, they can't control
28:51
everyone. And furthermore, I double down
28:53
all the time. Like look, we are in a financial
28:56
system right now where they have complete control over the system
28:59
and they still can't control everyone.
29:01
Let alone when we are in a financial system that has routed
29:04
around them completely. Which is A coin, there are
29:07
losing completely and they understand that this is the
29:11
game, like we say, all the time on the show, Bitcoin is playing
29:14
for all the marbles and all these people that are invested
29:17
in feel. All these people that have their
29:18
livelihoods riding on Fiat are going to get wrecked.
29:21
And so it's just simple human psychology.
29:24
What are you going to do to protect your livelihood?
29:26
And these people will do everything possible.
29:29
And we've seen what they are capable of the, you know, these
29:33
people, I hate to say that they're evil, but the Oil at the
29:36
top, like I say all the time the high-level parasites are has.
29:39
We've been starting to say the monetary demons out there will
29:42
do whatever they can to maintain control.
29:45
So this is, you know, we are in the then they fight you stage
29:49
and this is what we need to be aware of and what we need to be
29:52
able to prepare ourselves for. And this is why we try to do our
29:56
best to not only give you guys the signal so that you are
29:59
aware, but also the best tools and the best, you know.
30:05
Behaviors with Bitcoin. I guess that's the best way to
30:08
say it. So beautifully said beautifully
30:10
said, alright guys I have to catch a flight so I'm not going
30:12
to be able to do the rest of the new segment.
30:15
I'm going to save it for tomorrow but Opti, let's get to
30:17
the culture and hopefully I will miss this flight.
30:22
The daily culture brought to you by Swan Bitcoin.com, Swan is the
30:27
best way to build your Bitcoin stack with automated Bitcoin
30:30
savings plans and instant purchases serving clients of any
30:34
size from ten dollars to ten million dollars.
30:37
We love Swan because they incentivize self custody and
30:41
dollar cost averaging. What do you waiting for visit
30:44
Swan Bitcoin.com today. Alright guys, I also want to
30:48
give a shout-out to the largest the List.
30:54
The most humblest Bitcoin conference on the west coast.
30:57
Definitely check out Pacific Bitcoin.
30:59
November 10th through the 11th. Guys, you're running out to plan
31:02
this, right? It's coming up.
31:03
It's in Los Angeles, California. Speaker list, includes the Chad
31:07
sailor, Michael sailor, Yan. Pritzker Alex Epstein Lynn
31:12
Alden. Core eclipsed in Jeff Booth
31:14
Dylan Leclair Robert Breedlove Eric koston Mark Moss Parker
31:18
Lewis dr. Jeff Ross Pete Russo Troy cross
31:22
Nico and Opti are Be doing a live simply Bitcoin, Greg Faust
31:26
has. Well, you're not going to want
31:28
to miss it and you can take advantage of the promo code
31:30
simply to get a 20% discount on your Pacific Bitcoin tickets.
31:36
You're not going to want to miss this Bitcoin conference /.
31:40
Celebration celebration in Los Angeles, California.
31:46
I love it. I love it.
31:47
Niko's, just butchering everyone's names.
31:50
Anyways guys you already know it's the culture and I saw this
31:53
article a couple days ago and I really wanted to cover it again.
31:57
I am going to butcher Will's name.
31:59
I don't know how to say your last name bro.
32:01
Well show Shoal cop, apologies first and foremost.
32:05
Anyway it's for you guys in the spaces.
32:07
This is on bitcoin magazine and the article is titled should
32:11
Bitcoin maximalist trade to get more Bitcoin acquiring Bitcoin
32:15
by any means. Sarah is not a moral stance.
32:17
Trading shit coins in order to stack more SATs does not fit
32:20
with Bitcoin maximalist and I did say on Twitter I'm going to
32:23
try to stop saying Bitcoin maximalist so I say Bitcoin are
32:26
know that I mean Bitcoin maximalist.
32:28
Anyways when it comes to stacking sad To The Ends, do not
32:31
justify the means. It seems to me that some
32:33
so-called bitcoiners think it's okay to be Bitcoin maximalist or
32:37
to be almost a Bitcoin, ER, as a Bitcoin who believes in Freedom.
32:41
Who am I to judge still anyone who is almost, but not quite a
32:44
big winner octopod And reflect on.
32:46
If they really think their path from Fiat to bitcoin is
32:49
furthering a world with Hyper Bitcoin ization.
32:51
If it is done by any means necessary.
32:53
And first and foremost authors, no, we're not here to attack
32:57
anyone. Personally, I said that all the
32:58
time, we try to make examples of people and there is a few
33:01
people, you know, like she's outside the Dylan.
33:03
I love you, bro. But you're in this article
33:04
apologies, but we're going to make a point out of this.
33:07
So guys, we said this all the time, we try to do what's best
33:13
not only for ourselves, but for the new Is out there and the
33:16
people that are just getting into Bitcoin and we say it all
33:19
the time shit coins, do not have a fundamental use and it is
33:24
literally greater fool Theory. And so when people lump like
33:26
Mica said in the news when people on bitcoin and shit
33:28
coined together, it really does not only make us all look bad,
33:33
but they're mixing up a lot of stuff going in there.
33:37
And that's why we do what we do to try to separate.
33:40
What's the, what's the mean the wheat from the chaff?
33:42
Anyways, the bad ideas are trading all coins to get by more
33:46
Bitcoin, removing lasers eyes to expand.
33:48
Focus elsewhere, Nico, need them laser eyes again.
33:51
Anyways, removing laser eyes due to an overemphasize focus on BTC
33:55
and USD price. So, to be a big hunter, you
33:58
don't have to have a, you know, you have to store a huge percent
34:01
of your net worth. You don't have to be completely
34:03
all in. You might need some Fiat to pay
34:05
your rent but for the almost bitcoiners they'll say that the
34:08
vast majority of their shit. Coin Holdings are in Bitcoin or
34:11
the crypto Holdings are in Bitcoin or their Fiat.
34:14
Net worth is mainly in Bitcoin. But this is not what we like to
34:17
call being a Bitcoin or this is diversification in a shit client
34:21
portfolio. So if you truly believe that
34:24
ultimately only one tool can serve as money for the world,
34:27
then the only one worth holding is Bitcoin ER, moreover, if you
34:31
admit to others that you are privately dabbling in shit coins
34:34
and you're sending mixed messages to be a toxic Bitcoin.
34:37
ER, you cannot ignore your own advice and by altcoins as well,
34:41
guys, this is a simple economic treaties, or, or Lon in my
34:46
opinion, that the best money will win.
34:48
Yes. On the long enough time frame,
34:50
everything is going into Bitcoin, and on a short-term
34:52
timeframe, you know, there will be Fiat currencies and, and
34:55
there will be shit coined because people play stupid games
34:58
and want to win stupid prizes. But if you Proclaim yourself to
35:01
be a bit cleaner, have some respect for yourself and, and
35:06
take a moral stance. And I know first and foremost
35:08
people are going to say, hey look, you can trade Bitcoin, I'm
35:11
a Trader. I am just trading, but look, if
35:14
we really believe in big, In the way that we do and this is the
35:18
revolution of monetary Freedom. Then I think on a on a personal
35:23
level, at least I took in this upon myself that I say it all
35:27
the time. Be a shining example of what it
35:29
is to be a Bitcoin, ER, and we show receipts all the time on
35:33
this on this show, about the Fiat world incentivizing you
35:36
guys into bad behavior and Bitcoin fixes this.
35:39
And so as a Bitcoin ER if you know that you are trading hot
35:44
garbage and dumping it on Tails head.
35:46
Then you should really look at yourself in the mirror and
35:49
understand what you're doing. Because you are just literally
35:52
recreating what these fee, otters are doing in the Legacy
35:55
system on bitcoin and you're not helping anyone.
35:57
We say it all the time, the shit Corners make us all look bad.
36:00
And as we've been covering the last couple of weeks of all
36:02
these shit corners getting wrecked, you're not helping us
36:05
in the long run like we have a big big battle going on in the
36:08
Legacy Media is doing anything. They can to paint us all is
36:11
criminals. The paint us, all is a moral
36:13
hate to saw as people with low ethics.
36:16
And I personally think that as a big Corner, we need to be a
36:19
shining example of being a better person and living a
36:21
better life. And this is what Bitcoin has
36:23
allowed for me. And what I think it can do for
36:25
Society at large. So while you may say you trade
36:28
also that you can stack, more Sach hurts, the suckers on the
36:31
other side of the trade giving up their Bitcoin.
36:33
For this shit coin you're giving venture capitalist to run these
36:38
shit Corners want exit liquidity.
36:40
So toxic bitcoiners, do not give a false impression that shit.
36:43
Coin types of fishing on chain activity, have many activities,
36:45
Two participants are used for transactions.
36:48
They do not give ICL funded Venture capitalists the
36:50
satisfaction of dumping their liquidity on unsuspecting users
36:54
without a goal or purpose instead of wasting their time.
36:56
On ta looking at charts for other shit coins.
36:59
Toxic bitcoiners further hyper Bitcoin ization.
37:02
And this is why we do this show all the time because I can just
37:05
think of myself, man, if only I stayed, humble and stack SATs in
37:09
the beginning, I would have more Bitcoin now.
37:11
But I got caught up in all the greed, you know, you come into
37:15
the Crypto space and you start seeing everything Pomp and
37:19
you're like, oh my God, the grass is greener on the other
37:21
side and you don't understand that there's inside groups
37:24
trading these shit coins. There's people with, with Market
37:26
signals, and pump-and-dump groups and they're just dumping
37:29
on your head. The game is rigged against you,
37:31
just like the Fiat system. So, to protect people.
37:33
This is why we come here every single day and this is why we're
37:36
so Savage on bitcoin because people don't know what is going
37:40
on behind the scenes, and they are getting their life savings
37:43
wrecked because of, you know, my my free Market capitalism.
37:47
I can trade shit coins, and, and it's okay.
37:49
And I can be a shady individual because it's a free markets,
37:53
like, no Bitcoin is the way and if you understand that Bitcoin
37:56
is the way you got to stop dumping on people.
37:59
Hey, if you can make a money, being a traitor, by all means
38:02
like training is a is a is a profession that that is needed.
38:06
But if you're just out here scamming retail for more Bitcoin
38:09
like look I'm also a Libertarian at heart.
38:15
I'm a Not be that political but I believe people should look at
38:19
themselves and act accordingly to what they believe in.
38:22
But hey, if you're dumping on unsuspecting retail, like you
38:25
really need to look in the mirror and be it be a better
38:27
example of what it means to be a Bitcoin or because shit Corners
38:30
are making us all look, bad. Anyways, the whole point of
38:32
Bitcoin, ER, it or Bitcoin maximizes your not change your
38:35
mind because you recognize Bitcoin is a zero to one
38:37
invention, toxic bitcoiners where their laser eyes because
38:40
they know there's no way to further decentralization by any
38:43
other means than proof of work. Work and that means Bitcoin,
38:47
while can be worthwhile to learn how other shit coins consensus
38:50
works. It can't be ignored that they
38:52
are fatally flawed compared to bitcoin.
38:54
There won't be another bootstrap decentralized blockchain that
38:57
can serve as a money for the world ever.
38:59
This is what we tell you guys every single day.
39:01
The Immaculate Conception of Bitcoin is the zero to one
39:05
invention that we are doing here Bitcoin.
39:07
I've said it before before Bitcoin had a price that had
39:09
value. It was traded amongst people as
39:12
you know, as a collectible it went through the stages of money
39:14
collectible store Value means of exchange and unit of account,
39:18
every shit coin, since the creation of Bitcoin, as I say
39:21
all the time is designed to steal your Bitcoin, but
39:23
furthermore was created with the expectation of a price.
39:27
There's only one that is different and this is Bitcoin.
39:29
And when you understand this game, when you understand the
39:31
monetary ethics, that Austrian economics behind this, the best
39:36
money will win. And, as we say all the time, you
39:38
know, gresham's law, hey, if you want to dump your shit coins,
39:42
AKA your dollars on the Legacy, feds System for your Bitcoin by
39:47
all means. But if you're playing in this
39:50
shit, coin Market, just trying to get more Bitcoin, your
39:52
scammer, everyone to scammer and shit.
39:55
Coins are designed to take your Bitcoin anyways.
39:57
Additionally prominent Bitcoin Traders remove their laser eyes
40:01
and given up on the idea of laser a to 100 K.
40:04
And this signal is not only a confidence in the Bitcoin price
40:06
but in Bitcoin overall you may align with Bitcoin Max on this
40:10
viewpoint. But you fall short of being a
40:12
toxic big Corner since you aren't keeping your latte lasers
40:15
II. You are not keeping your eyes on
40:17
the prize knowing that the value of Bitcoin is bound to continue
40:20
growing over time. Besides turning your laser eyes
40:23
on and off further Compares Bitcoin to the equity markets,
40:26
and it's Bull and Bear Cycles. But again Bitcoin is not Equity.
40:30
It is not a trade. It is a once-in-a-lifetime
40:32
monetary Revolution for the world as we say right here,
40:35
Bitcoin Gandalf says, and we say it all the time.
40:37
Bitcoin is not an investment. Bitcoin is savings technology?
40:41
Save yourself from these high-level parasites and these
40:44
monetary demons as Stealing from you and your future Generations.
40:48
The 21 million hard cap is why we are all here.
40:51
Because I no longer want to hold money or a currency that is
40:54
being debased by a small cabal of central bankers and they're
40:58
like, so as Bitcoin Gandalf says Bitcoin is not investment.
41:01
Bitcoin is a savings vehicle. A savings technology.
41:04
Do not take your eyes off the time chain.
41:06
When you store the value of your hard work, your energy, your
41:09
life for some Bitcoin, then you will finally be financially for
41:12
you. Do not wait for the bottoms that
41:13
you will likely miss time. The advice I give my daughter
41:17
and digitally say digit digital Italy saving Bitcoin.
41:21
I say this all the time guys. Provide the value saving Bitcoin
41:24
and go live your life. This is a promise of Bitcoin and
41:26
we give you the receipt all the time.
41:28
You do not have to become a complex financial advisor to
41:31
maintain your wealth into the future, saving Bitcoin opt-out
41:36
provide the value. Fine, Bitcoins n, and give the
41:39
free market give the people around you, something of value
41:42
that you can be proud of something, you can build
41:44
hashtag, I am. Being hold on, let me get it for
41:47
you guys. Anyways, you can learn without
41:50
buying and selling hey if you want a minute nfte how to
41:53
implement it on bitcoin, what you do not need to buy to learn
41:57
learn by building, not giving away your SATs.
42:00
There's only one D, centralized blockchain with the greatest
42:03
network network effects, to be money and bitcoiners know this.
42:07
And a sailor says lasers, eyes proclaim a technology to
42:10
guarantee the human rights of life liberty, and property laser
42:13
eyes, Channel action, even as they protect from.
42:15
Lewd of distraction laser eyes signal intent to make Bitcoin
42:19
and instrument of economic empowerment.
42:21
And this is what I believe this is why I've dedicated my whole
42:24
life to bitcoin because I truly believe Bitcoin is freedom.
42:27
I truly truly believe that Bitcoin will help humanity and
42:31
this is why I've dedicated every single day of my life now to
42:34
spread that signal and help people opt out of the madness.
42:38
Anyways again doubling down on the idea of fixing money, fix
42:41
the world. We got this mean by safety and
42:44
almost and you know I'm a meme In-house memer and safety
42:47
knowledge. Go do you need a blockchain?
42:49
This handy print out and keep God is all you need to decide.
42:52
Do you need digital cash? No, then you don't need a
42:55
blockchain and if you do need digital cash, then use Bitcoin.
42:59
The only Block Chain that works. So the only purpose for the most
43:02
inefficient database ever created is Bitcoin.
43:07
Bitcoin is just a database. It's a zombie of Technologies
43:11
mashed together and this is why it works.
43:13
This is why it's Unstoppable. Do not For the meme of oh my
43:17
blockchain is more efficient. My Block Chain will
43:19
revolutionize the whatever world it is an inefficient database if
43:24
you need an efficient database, go running SQL anyways.
43:29
I really wish. I really want to double down on
43:31
this one right here in Eco. I don't know if we're going to
43:33
long but I have it in here on my mean board.
43:35
What's the second best? There is no second best and
43:38
everyone's heard this. But I really like how well added
43:41
this part will say there's quote or while Sailors quote is famous
43:45
in. Has done a disservice to almost
43:47
bitcoiners. They need to hear the full
43:48
quote. Which one is the best crypto
43:50
asset. Well Bitcoins, the best crypto
43:52
asset and what's the second best?
43:54
There is no second best. There is no second, best crypto
43:57
asset. There is a crypto asset and it's
43:59
called Bitcoin. There is only one there's
44:02
Bitcoin. And there is shit coins.
44:04
Don't get confused there, no other crypto assets.
44:06
They're only block chains that can reliably enforce
44:09
decentralized, digital, property rights, AKA Bitcoin and the ends
44:13
don't justify. The means, don't be a hypocrite.
44:15
Don't provide the Lead out coins for the sake of buying more
44:17
Bitcoin and stop trying to time. The bottom Stacks at stay humble
44:21
Ascend towards a hyper Bitcoin is Future and embrace toxic
44:24
Bitcoin maximalist. Oh my goodness.
44:27
Anyways guys, I say this all the time and I'm I want to double
44:32
down, shouts out to my buddy. All you Dieter Bob, one of the
44:35
most toxic bitcoiners and he said it one day to me best.
44:40
He's like when I realized that when I was trading shit coins
44:44
and I was providing liquidity for scams is when I stopped
44:48
doing it. When I had that realization,
44:50
that I am basically a scammer and I am enabling scammers to
44:54
scam unsuspecting retail guys. We are really in a monetary
44:59
Revolution and if we really want to change the world, then we are
45:02
going to have to be a shining example of what it means to be a
45:05
bit corner. I'm not here to tell you what to
45:08
do. I'm just telling you what I am
45:10
doing. Hey does it mean I might have
45:12
more or less SATs than I would if I was a scam and people and
45:15
dumping shit coins and trading Strickland, probably, but I
45:20
think that humbling myself and realizing that there's nothing
45:26
more noble Able than to push Bitcoin push, the sound money
45:29
gospel and continue to educate people to stay away from shit
45:33
coins. Is the best thing that I can be
45:34
doing. So will I love this article?
45:37
I agree with you. Don't trade Bitcoin, don't trade
45:40
shit coins for more Bitcoin because you are scamming people
45:43
out there and I'm not here to, you know, give a give a moral
45:47
view on all this trading isn't a moral but if you understand what
45:52
Bitcoin is understand and you're dumping Chickens that have no
45:56
use case on unsuspecting people. As with the idea that oh,
46:01
there's something new here and you're and you're pumping it on
46:03
Twitter and you know, you're doing all this.
46:06
I like Bitcoin. Here's my shit coin.
46:09
Look at yourself in the mirror, man, and realize that you're
46:11
making us all look bad and you're not helping the cause of
46:14
hyper bit colonization into the future.
46:16
And if we really believe what we believe, then we got to put it
46:19
upon ourselves to push the right message and be an example of
46:23
what it means to be a big corner.
46:25
II hate to say we only have one chance because I'm sure humans
46:29
will figure it out again. But we have this chance as a
46:31
Bitcoin, ER, and the powers that be are coming after us.
46:34
And I think that we need to really look in the mirror and
46:37
and acknowledge whether you are pushing the the revolution
46:41
forward or you are hampering it and I believe what I do and what
46:44
Nico do is all the time of just being a.
46:47
Shining example of a optimistic, happy Bitcoin are living their
46:51
best life and pushing the sound money gospel.
46:54
I think This is the best Beacon of Hope that we can have and
46:57
people will look at us and be like, look, I want what they
47:00
have, and how did they get there?
47:02
Bitcoin. Find Bitcoins and provide value
47:04
to your fellow, man and go live life.
47:06
And this is, this is what Bitcoin offers to you guys.
47:10
I really believe this and I hope you guys take that away and, you
47:13
know, maybe maybe I can help one person realize that by chicoine
47:18
trading they are. They're literally hurting people
47:21
there, they're taking people's life life.
47:24
Savings and life helped and you are freaking destroying people's
47:29
lives and like Nico got heated with Alex machine ski this week
47:33
and this is the same idea guys. They are fucking it all up for
47:36
us and they're giving cover for these Legacy Media has to dunk
47:40
on us bitcoiners and make us all look bad.
47:42
And furthermore push regulations, which will stop and
47:45
have a Bitcoin adoption. Anyways, Nico randone man, you
47:49
fucking slate it. I think it just comes down.
47:52
I think you said everything that needed to be said.
47:54
I It just comes down to this, right?
47:56
It comes down to, like a moral conundrum comes down to
47:58
Integrity, it comes down to principles, right?
48:01
I know that your coins are worthless, like, I know that a
48:04
theorem is worthless. I know that a lot of these shit
48:08
coins, they're not going to push the revolution that we aspire to
48:13
right. Which is a step, the end the
48:15
separation of money and state, right?
48:18
And even if you win in those trades, which I'm sure a lot of
48:22
you can because you've been in this space for a while, maybe.
48:24
B. You have to understand that the
48:28
purse, there's a losing side on the other side of that trade,
48:31
right? So it's a moral argument, if you
48:34
do want more Bitcoin, what we advocate for, dude, mine Fiat
48:39
harder, find alternative sources of income, right?
48:42
Mind that Fiat put it into Bitcoin.
48:44
If you're going to trade shit coins.
48:46
Look, we're Libertarians at Heart Like Opti set it, right?
48:49
But I'm going to tell you what to do with your money, like a
48:50
lot of other people, you could do whatever you want, right, but
48:54
understand that you are willingly.
48:57
Knowingly, buying something that, you know, has no value in
49:01
the hopes of selling it to someone else to benefit
49:06
yourself, right? And that's really a moral issue
49:09
that really comes down to the individual.
49:12
That really comes down to you, you know, and it's a question
49:15
that you have to ask yourself, right?
49:17
We can only just kind of present and give our perspective, but it
49:22
really comes down to you on what you feel, you know, you could do
49:26
it the best. I I can't sleep personally, if I
49:29
held a shit coin, even on an exchange and, you know, in the
49:33
hopes of dumping that later I couldn't sleep, you know, I
49:36
don't think I'd be able to do the show, you know, as
49:39
authentically and as I do it now, I think it would be a, I
49:42
would think it would be a fucking lie, right?
49:45
So again, that's for, that's our perspective, you know, you're
49:49
free to do what you would like. But, you know, at the end of the
49:52
day, what are you doing? Like, what are you doing?
49:55
If you're trading checkpoints your body, Name something that,
49:58
you know, has no value, you know, has no future and in the
50:02
hopes of selling it to someone else, right?
50:05
So that you could accumulate more Bitcoin and, you know, some
50:08
of you could say that. Yeah, that's fine.
50:10
You know, I want more Bitcoin no matter what it takes and some of
50:13
you, you know, are going to perhaps look at it with a little
50:16
bit more integrity and say you know, I don't want to be a part
50:20
of that but it doesn't mean that you can't have more Bitcoin.
50:23
Just dude figure out ways to do it the right way which is Is
50:27
work your ass off proof of work, try to find ways to you know,
50:31
mind more Fiat. There's so many ways in the days
50:33
of the internet and it falls onto you man.
50:36
So Abdi. I think that was a beautiful
50:38
article, man, and I think it really, it really comes down to
50:43
people's Own individual thoughts on morality on principles on
50:50
integrity. And you know what?
50:52
They want to get out of this, you know.
50:53
And if someone's like dude like I don't see anything wrong with
50:56
that man, that's a personal decision and all the power to
50:59
you, but that's not something that we would personally
51:02
advocate for, on simply Bitcoin. But anyways, fucking killed it,
51:06
bro. Let's get to the meeting review.
51:10
The daily meme review, brought to you by Cipher safe, don't be
51:15
that person that loses their Bitcoin seed.
51:18
Due to fire damage water damage dog.
51:20
Attacks back up your generational Bitcoin wealth on
51:25
steel and there's no better place to do it then the cipher
51:29
grid by Cipher safe and now check out their new Bitcoin art
51:33
the Bitcoin rulebooks triangle only on Cipher safe dot IO.
51:40
All right, guys, and this monetary War.
51:44
Tweet to the bullets and memes are the artillery.
51:47
And it's I say it all the time. I really believe that you guys
51:51
out there spreading the signal, getting the calls to action to
51:54
people and also making them entertaining so that they
51:58
capture people's attentions is one of the most important things
52:01
out here. We need these beautiful sound
52:03
bites. We need the that we need to, you
52:05
know, the humor to get through people's brains.
52:07
I say it all the time. If you tell people the truth and
52:09
you don't make them laugh. They will kill you.
52:12
Anyways, guys Remember, drop your mean review score in the
52:17
chat so that we can cover it? But before I get into it, we
52:21
got, we got these beautiful memes, guys.
52:23
And let's, let's just get into any way.
52:26
This one starts by at maming Bitcoin, and bitcoin, price
52:29
explained. I really love this me because
52:32
it, if you've been around for a cycle to, you know, this to be
52:36
true. But I love how they made it a
52:38
roller coaster and a loop because I never really thought
52:41
of it like this, but it really, it really Does work like this,
52:45
maybe maybe they could have backdated it a little bit so
52:48
that you guys could see the continuation.
52:50
But anyways, the first Loop 60k the next Loop 600,000 and the
52:54
final big one. That's not the final one, but
52:56
the least upon one in this meme is six million per coin.
53:00
Let's go. All right, there's next one,
53:04
shouts out to Wine. I really love this.
53:07
I know you guys saw these videos going on on Twitter, but I loved
53:11
wines. Take on this plebs coin joining
53:13
together. If you know how Cohen joins
53:16
work, he should have put like the little, you know, Point ones
53:19
or one Mills in all that good stuff in there but I think that
53:22
was a good visual anyways. This next one is by our boy,
53:26
sadly. He's been in the memes the last
53:28
few days but this one really hit me and he does, there's got to
53:32
be a democracy in here somewhere.
53:34
And it's a guy, shoveling money, and the money pile, says
53:37
campaign money, roof. Think Nico talks about this all
53:40
the time on the news section. This next one, I shouts out to
53:44
Turkish, I see you, bro. I know you're trying to get some
53:49
memes on here. You need to pull it back a
53:52
little bit. This one was good enough though
53:54
and you guys true story, me dropping my shit coin bags.
53:58
After I finally understand what Bitcoin is, it's a cat on a
54:04
toilet for people in the spaces. Anyway, this next one is rdb TC
54:09
and it goes, mmm. The FED un Ponzi and we got the
54:14
The meme of the two Trails verging at the fork.
54:18
Except there is no happy, you know, happy Sky.
54:21
It's just all stormy skies and rack going.
54:24
Both ways in the FED going left. Raise rates caused a global
54:27
economic downturn or go, right? Don't raise rates and cause
54:31
hyperinflation wwoof really be feeling like that really.
54:35
We got a really in this situation like that.
54:38
Anyways this next one I love on anil's memories and His memetics
54:45
on Twitter because he's able to explain complex Bitcoin topics
54:50
in very, very simple pictures. And he does either, you
54:53
understand the problem that Bitcoin solves our you will
54:56
forever be trapped in hypocrisy and we got an Asic plugged into
55:00
electricity and it says Gibbs, eight billion people monetary
55:03
sovereignty and then we got in a smart phone plugged.
55:06
Into electricity used for criticizing Bitcoins electricity
55:10
use it really feels like that. You know people hate On
55:14
capitalism using beautiful capitalist tools and you know,
55:19
using energy to tell us not to use energy doubling down, use
55:24
more energy, energy is good. I love energy.
55:27
I will not go back to the stone age's.
55:31
Yeah, the trash. I actually tweeted this out and
55:33
it pretty well yesterday and I was basically making the case
55:35
like the tragedy of all this is that capitalism and the free
55:39
market will get blamed for central point of, I saw that,
55:43
you know, and it's and it fun. Socks.
55:45
And that's the reality of it, right?
55:46
It's always the scapegoat, it's like, dude.
55:48
Look as long as their central bank, right?
55:51
They get to dictate, you know, the direction of the economy,
55:53
right? Like that isn't the free market,
55:56
bro. Like, come on now.
55:57
But unfortunately most people think like, it's like knows we
56:00
live in a capitalistic society and its I find a little bit
56:04
tragic and it is what it is. I don't know if we'll be the
56:08
scapegoat we will, I don't know, I don't know.
56:10
I don't know if Bitcoin fixes that but anyways.
56:14
So oh, that's a good mean review score.
56:17
Yeah, no, I'm just gonna do you want.
56:19
Ah, I'm just gonna leave him up there.
56:22
So for this, I'm gonna give it. So this is my old tripod to my
56:26
camera, which still overheat, because I haven't updated the
56:30
software like Opti. And I'm going to give it my new
56:34
which I'm currently using. It's so small, like, look at
56:37
much thinner that is, look how much thicker this is.
56:40
And this makes my life a lot easier for traveling.
56:42
I just felt like I had that. That's my score.
56:44
I Going all out on the score today Optical.
56:46
You get. All right.
56:47
Well, I have given these stickers individually, but now
56:51
I'm giving the baggie of bit Meg stickers that she gave me.
56:55
You can see how thick that is a grip of.
56:58
So hey. Oh bhagya stickers, sack of
57:02
stickers. Thank you stickers, we got some
57:07
we already got some in here Nico.
57:08
So I'll get you. I'll get him going.
57:11
Rave elevator says I give the memes one roll of USD toilet
57:15
paper, very nice, very nice. I give those memes.
57:18
Chrissy's. Dirty prison panties Opti would
57:21
know about that. Oh God, I'm moving on moving on.
57:29
No, I think that's it. Oh, whole bottle coin says, I
57:32
give those memes Christine Lagarde, shitty Gutter and we
57:36
still ago, Man, that Max B is so funny.
57:42
I give those memes, Christine's. Okay, Andres I give those memes
57:49
a photo booth picture of opt-in Lagarde and the first date.
57:52
All right, very nice. And now, like I said this joke,
57:55
I'm starting to regret it because like, everyone's just
57:57
eating it up. Anyways.
58:00
All right, we got a soft release today.
58:02
Us know, before. Before I get to that, guys, make
58:05
sure to join simply Bitcoins diagram group.
58:07
You go to www.ah.mil /, the simply Bitcoin Channel, you can
58:12
also go to Simply Bitcoin. Www, dot simply Bitcoin dot
58:17
news. It's the written version of this
58:20
show. If you want to give us a mean
58:22
review to score, you have to link it in the telegram Channel.
58:26
You go to www.ah.mil /, this simply Bitcoin Channel.
58:30
Anyways, there was a software release today.
58:32
Let's check it out. Bitcoin.
58:35
Software release. I beat you to it up.
58:39
T. Did you know?
58:41
Did you all right? Oh, go for it.
58:44
Go for it. Go for it is Fountain version.
58:48
Zero point. Five point one.
58:50
It's got autoplay Q Apple carplay.
58:52
I don't know what opml import is and performance upgrade.
58:56
I know you guys are on Fallon. So go upgrade your apps so that
59:00
we can continue to spread the valley for Value economy.
59:04
Amazing amazing. Anyways, guys, we are on Apple.
59:07
We are on Spotify we are on anchor and we are definitely on
59:12
Fountain. If you love what we're doing
59:14
stream of some SATs, if you think we are giving you guys
59:16
value and you want us to continue to do this.
59:19
Well, actually, we're going to continue to do it anyways, so
59:21
but streamers, ha ha ha. Oh yeah, man, they know I really
59:25
helps us out, guys, the value for Value economy, and it also
59:28
you can write your message on there and it really, really
59:30
motivates Us in really, like it's and the clip, I can't say
59:35
enough, man, it's a love. What you guys?
59:38
Do that your messages on Fountain or so inspiring.
59:41
We really, really appreciate it. We're going to do it.
59:44
So we're going to start pulling up some of those messages so
59:46
that we can read them on the show and show a little bit more.
59:48
Appreciation, we're still figuring it out on the back end,
59:51
bear with us. Also, want to give a shout-out
59:53
to our awesome. Cooling sponsor opting, I wear
59:57
the hoodies and the clothing every single day.
59:59
This is represent, this is a decentralized courts.
1:00:01
I'm wearing the black version of opt.
1:00:03
He's decentralized corpse by represent.
1:00:06
LTD.com you can take advantage Promo code down below to get 10%
1:00:12
off. Represent LTD.com.
1:00:14
They make awesome awesome merch. You guys don't want to miss it.
1:00:20
Anyways Opti. Why do you close out the show
1:00:22
brother? Thank you for coming.
1:00:26
If you like, what we did. Like, subscribe, share, we
1:00:30
appreciate all the support guys. And you know we love you guys
1:00:34
and we'll see you Wednesday. But also also, if you want to
1:00:37
continue the combo, come hang out with me and Twitter spaces.
1:00:41
We will be hanging out there for the next slide.
1:00:43
I don't know, 45 minutes or so, and we will be coming live from
1:00:47
the mining conference this week. So unique are going to be
1:00:50
hanging out in person this week. I'm real excited.
1:00:53
For this one. Anyways, let's roll this one
1:00:56
out. Do I get the graphics or two?
1:00:58
You get this Niko, I got it,