Latest / Simply Bitcoin / Argentines Choose Bitcoin, IMF Plan to Stop Adoption FAILS | EP 496
Transcript
- 0:04Welcome back everyone. We're simply Bitcoin.
- 0:06We break down the news. The daily fail mean review.
- 0:09Software releases, Hardware, releases and the plebiscites
- 0:13Nico. Let's dive into the numbers,
- 0:15man. Brought to you by noddle.
- 0:19They make some of the best Bitcoin notes like the novel
- 0:23Dojo. It's in red also made of metal
- 0:26very, very high quality. Remember guys.
- 0:29If you don't run your own version of Bitcoin core and the
- 0:32lightning Network, all in the comfort of your own home, you're
- 0:35trusting someone else's and that's very bad for privacy.
- 0:38So get yourself a noddle. Bitcoin node today.
- 0:41The time of this recording, the block height is seven hundred
- 0:43thirty eight thousand six hundred and seven the Bitcoin
- 0:46price thirty thousand six hundred ninety.
- 0:48I've chained rewrite day, 760 total public lightning capacity,
- 0:533903 dot 31 Moscow, time 32:58 blocks to The Happening, 100
- 1:011393 and the samurai Whirlpool unspent capacity.
- 1:06Samurai. Whirlpool is a coin or
- 1:08collaborative spend. It is not a mixing service and
- 1:11the unspent capacity from that pool is 4760. 3.58.
- 1:18Co the numbers, the numbers man, the numbers are boring AF.
- 1:24That's what I have to say about that.
- 1:26Yesterday. We had Optimist hosting the
- 1:29numbers and today we're flipping it around.
- 1:31I am going to host the numbers, see how this goes.
- 1:35Okay, we're going to take a look at something because this is
- 1:38kind of interesting. I, I didn't realize that this
- 1:40was happening and I saw this tweet all of a sudden thought it
- 1:45was interesting public service announcement.
- 1:48Service Announcement, there's more than one lightning Network
- 1:52routing client. Core.
- 1:53Lightning, a Claire rust. Lightning electrum, diversify
- 1:58FTW, which is, you know, fuck the world.
- 2:01Anyways, isn't it for the win? Is it for the wind?
- 2:04I always thought it was shocked, the world.
- 2:07I mean, house Klaus Klaus. They're both good.
- 2:10Yeah, of course, Klaus, right? Okay.
- 2:12So look, so, why why are we? You know, it's like, why are we
- 2:14talking about this? This is a tweet from at 4:02
- 2:17payments required. Acquired.
- 2:19Okay, and it says delete l n d. So this is really, really
- 2:25interesting. And also a little bit a little
- 2:29bit concerning. So, so look, there's different
- 2:31angles to this, right? For the people that don't know.
- 2:34We have covered in this in the past, but lightning Labs, which
- 2:38is lnd. Okay?
- 2:40Was found to be on the world economic Forum website as a
- 2:44quote-unquote, you know, partner, but really Elizabeth
- 2:47star came out then. That they won some award.
- 2:50They don't know why they're on the website.
- 2:51And now she's attempting to try to get her try to get lightning
- 2:55Labs off of their website. But essentially, okay,
- 2:59essentially what's happening is is that other implementations
- 3:03are supposedly building more. I guess, you'd say more serious
- 3:07projects on Lightning whereas lightning is kind of
- 3:10implementing a little bit more. Sorry.
- 3:12L n d is implementing a little bit more fluffy type of stuff
- 3:15that that people don't supposedly really.
- 3:18Need and there's a bit of a rift in the community as to, which
- 3:23implementation to use. Now, what people don't seem to
- 3:27really realize is that there are multiple implementations of
- 3:30lightning. Like, what does that mean?
- 3:32This is the back end of what lightning is written in.
- 3:35Okay, so there's lnd. There's a Claire, there's rust.
- 3:39Okay, and there's and there's now electrum okay, or there
- 3:41maybe was electron before, but I wasn't aware of it.
- 3:43I always thought there was only three and now I just learned
- 3:45that there's four but the point is, is that The majority of the
- 3:49stuff that we run right now is on lnd.
- 3:53Okay. So this could be seen as a bit
- 3:56of a central point of failure. Okay, I look do I agree with
- 4:02that? I can see it.
- 4:04Am I worried about this? No, because lightning
- 4:07development is open. Anybody can create something on
- 4:11lnd but it on GitHub and people can choose to download it
- 4:15install it, run it. So I don't really think there's
- 4:17a problem. Mmm, Nico, I like I know that,
- 4:20you know, like you don't you don't do as much the, the
- 4:22lightning stuff as I do. But like what do you like?
- 4:25What do you think about this? Dude?
- 4:27Honestly, I saw Elizabeth reply to our brothers in arms
- 4:34yesterday because this was a contentious issue and I will
- 4:41pull it up right now and hear it.
- 4:44Cool. Here is Elizabeth star.
- 4:47Here is Greg zag, right? And you know, it's a lot of the
- 4:51plebs, right? We're going on.
- 4:52Hey, what's up with all this Association?
- 4:56And this is Elizabeth Stark right to wait to you know, what
- 4:59you were saying, Phil right? She is the CEO of led.
- 5:03The CEO and founder of Ellen D. I keep trying to get us removed
- 5:07from the site. But so far.
- 5:09I've only gotten us off the partner list.
- 5:12We were never Partners. They put us on that on.
- 5:15They put us on list of companies.
- 5:17Turns out it's not Not easy to get off of website.
- 5:20You don't want to be on. And then the meme Factory said,
- 5:25you should come on the meme Factory podcast to talk about
- 5:28it. Thanks, but I would much rather
- 5:31talk about all the cool stuff happening right now in the
- 5:34lightning Community, Now's the Time to build on bitcoin.
- 5:40I don't know about that. I don't know about that,
- 5:43rejecting the plebs, and then I said, you should definitely get
- 5:46on the meat factory podcast a little bit.
- 5:48Control, the memes control the Universe.
- 5:53I don't know. Not a good look.
- 5:56Not a good look, if you ask me. So I don't know.
- 5:59Look, I think that the mean fact.
- 6:01I think she's, I think they would have been able to talk
- 6:03about lightning on the meme Factory podcast.
- 6:05What are you afraid of Elizabeth?
- 6:07What is going on there? Some She stuff is Klaus or you a
- 6:11buddy of Klaus. What's going on?
- 6:13Thank you know, all jokes aside in terms of the sent the, the
- 6:17centralization of lightning. It's kind of like block stream
- 6:20right? Block streams is huge, you know,
- 6:23Bitcoin company of the, a lot of the development funding, a lot
- 6:26of the, you know, a lot of the, a lot of the development of
- 6:29Bitcoin comes from block streamer has association with
- 6:31blocks dream. Doesn't mean it's this.
- 6:33It doesn't mean it's centralized.
- 6:35That just happened to be the most convenient way to As the
- 6:39development of something, if you know those companies, if L ND
- 6:43just disappeared off the face of the planet tomorrow, because
- 6:46it's open like you said, Phil someone else will just pick it
- 6:49up. Open another GitHub and
- 6:50continued development from there, but still Elizabeth and
- 6:54the unlikely event that you watch this video.
- 6:57Go on the meme Factory and if you still want to come on the
- 7:01simply Bitcoin as well, but anyways, Phil wait, hold on
- 7:05before, but back it up, back it up, back it up to add some Next,
- 7:09I know you like it when we add context.
- 7:11So look, this is this is part of the argument as well.
- 7:13Right? So there's multiple narratives
- 7:15going on. So a disproportionate amount of
- 7:18nodes run lnd slow with privacy improvements.
- 7:21But hey Taro, okay, and that's the, this is one of those
- 7:25implementations one of those tools.
- 7:26That frankly it's not really necessary at this time.
- 7:31Okay, and you know 402 payments is also saying, core lightning
- 7:34is frankly better. Modular architecture backups
- 7:37building and running it seems. More lightweight to me.
- 7:41Okay, and then of course, he then outlines what you were just
- 7:43showing right that lightning Labs shows up on the world
- 7:46economic Forum, which you just showed Elizabeth's response.
- 7:51So look, it's a couple of narratives that are playing out.
- 7:56I don't really think that there's anything to worry about
- 7:58but some people may see it as the canary in the coal mine.
- 8:01Anyways, look, if she doesn't want to talk to the plebs.
- 8:06That's a bad. Look.
- 8:07That's my perspective, you know. Do you?
- 8:09What do you have? What are you worrying about?
- 8:11Elizabeth? What like, what's going on?
- 8:12Why won't you go on the meme Factory podcast?
- 8:14Of course, you're going to be able to talk about lightning
- 8:17stuff there. That looks like a deflection to
- 8:19me. Hopefully, she changes her mind.
- 8:22Let's see how this plays out. But anyways Foo it's time for
- 8:25the daily fail brought to you by Swan.
- 8:29Check them out Swan Bitcoin.com. That's right.
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- 8:45plebs. The link is down below.
- 8:47All right, we were tagged by Ico, Synod in this one.
- 8:50Got to fails completely completely, unrelated fails.
- 8:53But but this is a nefarious, I find and weird and very
- 8:59convenient Nico with the times that we are in right now.
- 9:03Let's take a look at this tweet from petite.
- 9:05NE Coco. I guess they-- I guess they--
- 9:08figure. Already eating bugs grass and
- 9:10dirt. So why not just serve it for
- 9:13lunch. Well, that sounds wonderful.
- 9:16And let's take a look at double insects scientist plan to feed
- 9:19primary school children locusts and mealworms to make the UK
- 9:24Greener. Now, here we go.
- 9:26Okay. This is where it gets this as
- 9:27the signal part edible, insects are highly nutritious, and have
- 9:31a much smaller carbon footprint than conventional meat.
- 9:37That's all. All you need to know, this has
- 9:41nothing to do with your health. This has nothing to really do
- 9:44with what's better. This has nothing to do with
- 9:48quality. This has to do with making sure
- 9:52that we take up less and less carbon.
- 9:56So as we've seen many times we are the carbon they want to
- 10:01reduce. Okay, and this is all that
- 10:04matters. If we could all be eating sludge
- 10:07and living in pods. And just being good little cogs.
- 10:11In the machine. We would be most useful.
- 10:14Okay, and this is scary shit to me.
- 10:17Like I'm sorry. Like I find that this is scary,
- 10:19crap. Like I understand that there may
- 10:21be protein in these things, but I don't know II to a certain
- 10:25extent believe that if this was Superior that we would have
- 10:28already been doing this. If this was truly Superior II,
- 10:32just don't buy it. I really don't.
- 10:34And to me again the signal is that point right there.
- 10:38The carbon footprint. That's that's all that matters.
- 10:40Okay, you'll get the same protein but you'll take up less
- 10:45space. You'll be less, you'll use less
- 10:48energy. That's what's important.
- 10:52I think that this is I honestly, I feel like that's like the
- 10:55allegory of the cave. I swear to God, you know where
- 10:58we're all sitting in, darkness, watching shadows and we have no
- 11:01idea what's going on. It's really scary stuff.
- 11:03Anyways, Nico before we move into the a really horrible shit
- 11:06coin fail. That is reminiscent of 2017.
- 11:10Your thoughts on the UK kids eating bugs.
- 11:14Yeah. I mean look, I think this is
- 11:16more of a push by you know, the Elites in Davos about the world
- 11:20economic Forum. This is part of the Earth.
- 11:22Their agenda, they know they say it out loud these days.
- 11:25You know, I'm sure you guys have seen a couple viral videos on on
- 11:29Twitter or some that. We've played on the show where
- 11:32you have Klaus Schwab saying, you know, we we the elites are
- 11:36going to build this future, you know in the great reset and all
- 11:40that look two years ago II myself.
- 11:44I would have been like that's a conspiracy right like that.
- 11:47You sound like crazy you sound like this is crazy talk but
- 11:51after watching, The events of the last two years, if you
- 11:54haven't been living under a bridge, right?
- 11:56If you've been getting your information from, you know, it's
- 12:00even starting to hit mainstream. Honestly, it's very obvious.
- 12:04Look Claud Schwab's, you know, he's his whole book.
- 12:09His plan was build back better. You have that very famous video
- 12:13of politicians, all around the world saying repeating the same
- 12:17exact line build back better to build back better or whatever.
- 12:22Build back better, build back, better building, doc better,
- 12:25build back better, build it back, better and build it back
- 12:29better than my plan to build back better!
- 12:32Build back better. It's a big effort to some would
- 12:38say to build back better. We would say to really have a
- 12:42good reason. Rightly said some would say to
- 12:46build back better. We would say to really have a
- 12:50good reason rightly said, Very scary stuff.
- 12:53This is all part of this. In my opinion this this this
- 12:57plan for the elites to get more and more and more and more in
- 13:01control so that you'll be happy. Yo, nothing they'll own
- 13:05everything. They're allowed to fly in their
- 13:08private jets all around the world and they're gas-guzzling,
- 13:12you know, five hundred thousand dollar cars.
- 13:14We see the videos of that. We see it in Davos.
- 13:16We saw that in Glasgow at the world's, you know, environmental
- 13:20Forum or whatever, but no Peasants, you know, know you
- 13:24have to, you know, we're going to give you carbon limiting,
- 13:27debit cards with your CB D C's, you know, so again, it's typical
- 13:32rules for thee, but not for me and fda's Elites, man, and
- 13:37honestly, if it wasn't for Bitcoin, you wouldn't have
- 13:40anything to opt out to like what?
- 13:42You just buy, what physical gold.
- 13:44You know, that's a lot easier to see.
- 13:46He's right. What if your country is starting
- 13:48to fall under totalitarianism, try sneaking?
- 13:52Across the border with that Gold's gonna be very difficult
- 13:54for you to do. So, so it's a very scary future
- 13:58if Bitcoin was around but Bitcoin gives us the chance to
- 14:01finally separate money from State.
- 14:04Get rid of this Cotillion at concealing are effect.
- 14:07That's created these Elites that feel like they were put into
- 14:11this place by God so that they could dictate what the human
- 14:14race should and should not do. So.
- 14:17Yeah, man. I know I went on a little bit of
- 14:19a tangent. We started off with kids eating
- 14:21bugs. But honestly, like it's all
- 14:23connected. It salt or connect what?
- 14:25We've covered it. Other people Ben Shapiro has
- 14:28covered it. Crowder has covered it again.
- 14:31Blend Glenn Beck has covered it. Tucker.
- 14:34Carlson is covered. It's like dude.
- 14:36Like come on man. You know, that's how I feel
- 14:39about it. I had to get a lot off my chest
- 14:41because I'm tired of these fuckin people and Klaus bro it
- 14:45Klaus. I'm tired of Klaus thinks he has
- 14:49the right to tell us what to do man.
- 14:50Like you eat the goddamn. Damn bugs fucking tacos.
- 14:54Well, you know what? If they're not stacking SATs
- 14:56they're going to be eating insects.
- 14:57So yeah, goodbye exactly for them.
- 15:00Yeah. That's a feature.
- 15:01Not a bug. No pun intended.
- 15:04Oh, there you go. Okay that joke.
- 15:06See what's happening? Getting older, the jokes are
- 15:07getting worse. All right.
- 15:09Now, let's dive into this shit coin fail.
- 15:11We were tagged by ghost. A ghost Limburg and Optimist
- 15:17brought this up to us. So thank you very much.
- 15:21This is very Essence of 2017. Here we go.
- 15:24So ghost of lumber tagged Us in this.
- 15:26Okay, and he goes like this. He goes.
- 15:28I'm a Bitcoin maximalist than your token is a scam.
- 15:30How Low Can You Go selling a share of a worthless token to
- 15:33help people who need Prosthetics.
- 15:35That's a new low and a private presale.
- 15:37It's BS. May be simply Bitcoin TV should
- 15:40take a look at this. Well, thank you.
- 15:42We decided to take a look at this.
- 15:44And before we get into the story, I just want to explain
- 15:48one of the one of the greatest things that that a scammer can
- 15:51do. Okay.
- 15:52Is create a positive Association to something that is not a scam.
- 15:57And once you do that, people will then create the mental
- 16:01Association themselves that whatever it is that you're
- 16:05selling them is not a scam because you're being you're
- 16:10being validated by the project or by the product or service.
- 16:15That is not a scam anyways, so let's dive into what we're
- 16:19talking about. Okay, we're talking about this
- 16:21token. Called Heelys prosthesis.
- 16:25Okay, this is this is pretty bad.
- 16:29Okay, this is totally reminiscent of 2017.
- 16:32Actually, you know what? I'm going to say this in 2017,
- 16:35just so you guys know in 2017 almost every single one of these
- 16:39shit coin projects actually had a white paper.
- 16:42These guys, they don't, they don't have a white paper.
- 16:44They've got nothing you can read.
- 16:45Yes, if you click on the light paper, it brings you right back
- 16:48to this main page. Okay, so there is no white paper
- 16:53about this. There's nothing.
- 16:54There's but we've got a website and we have a token.
- 16:58There's a road map with no timeline.
- 17:00Let's keep this in mind. As we go through this, here we
- 17:02go. A breakthrough in health
- 17:04financing, Health financing for bionic prosthesis and artificial
- 17:10organs is gonna be brutal. Okay, because I don't get me
- 17:14wrong, right? Because if you don't support
- 17:16this, you know, you're, you know, we're being bullies
- 17:19against, you know, against handicapped people, you know,
- 17:22we're not understanding their plight, like we should be in
- 17:24that. Like, this is the head at all.
- 17:26That what we're doing. We're calling out.
- 17:28Out damn, exploiting, Andy calm comfortable.
- 17:31Exactly, you know, but then like the way they take it is, it's
- 17:34like, you know, we're just trying to help people and you're
- 17:37going against us. So I don't like how evil you
- 17:41need to be as a human being to use, you know, very unfortunate.
- 17:47People to sell your kid. Coin is disgusting, man.
- 17:51I was just wait. Oh, no, dude.
- 17:53Oh, don't worry. Don't don't be sorry.
- 17:55This gets so much worse. A highly deflationary and
- 17:58One-of-a-kind token. Its maximum Supply, is one unit.
- 18:02I don't know what that means. Does that mean that there's only
- 18:04one like that. That doesn't mean anything, a
- 18:07crypto that genuinely saves lives.
- 18:10Boom. We're saving lives.
- 18:14I don't even know how that's possible.
- 18:16And of course, they've got a video, right?
- 18:18They've got a video which we're not going to watch.
- 18:20But video that tells you about one particular testimonial about
- 18:24how it's saved his life. Now here is the roadmap.
- 18:28This is fantastic. Keep in mind.
- 18:30There is no white paper. Okay, but they've got this whole
- 18:33entire roadmap laid out for you of everything that they're
- 18:36doing. They've already planned a first,
- 18:39having they've already planned to First buy back.
- 18:42They've already paid out the Evident, but yet nobody knows
- 18:46how this thing is actually going to work.
- 18:50All right, let's continue on the solution.
- 18:53Okay. It's offering is one unit and
- 18:55allows for an Innovative Sales method to dramatically bring
- 18:59down the price of high-tech medical.
- 19:00Medical equipment. How, how does this token do
- 19:04this? Okay, and we're going to get
- 19:06into some examples in 2017. People may remember Dental coin.
- 19:11Okay. They thought that the dentist
- 19:12we're going to take this as Payment people may remember pot
- 19:16coin people thought that they were going to pay with pod
- 19:19people. Thought they were going to pay
- 19:20for pot with pot coin, but that never ended up happening in any
- 19:24way shape or form because you just don't need it.
- 19:26It's an extra step for nothing. So here we go.
- 19:29Now we're going to sell you some hope IAM as to how we're going
- 19:31to do this for the patients. It's going to reduce the cost of
- 19:34prosthesis and other artificial organs by 30 40 or even 50
- 19:40percent. All this with the token that
- 19:44they created out of thin air. The heel is token shall help to
- 19:47this is great stuff right here. Extend life expectancy of those
- 19:52patients who suffer from deficient organs recover, some
- 19:56almost normal mobility and improve the site of those who
- 20:00have become blind. So this thing is is extending
- 20:04life. Okay, it's making you walk again
- 20:07might as well cure cancer, bro, like that.
- 20:10Like come on now. Calling see.
- 20:13Okay, this it's dude. It's doing it all.
- 20:18Okay, it's doing it all. And the best part about this is
- 20:20okay. The Helix token is designed to
- 20:22and this is, this is how, you know, it's not a scam guys.
- 20:25It's affordable to any investor. Whatever your budget.
- 20:28That's right. They don't give a shit how much
- 20:29money you put into it as long as you put something into it.
- 20:33Okay, it's this is just a moment.
- 20:35Like it's the most ridiculous sales pitch I've ever seen, but
- 20:38it just now we're coming to now. We're coming to the point to
- 20:41fruition here. This is where they really sell
- 20:43it to you. A one-of-a-kind token, a secure
- 20:46token, a useful token. Okay, and this this is the best
- 20:52part about this token. Nico, the floor price pay, very
- 20:57special attention to this floor price here.
- 21:00Thanks to the OTC implementation.
- 21:02He listed can decide of a specific floor price.
- 21:05No Market, dealing can be made by any large investor, all buy
- 21:09and sell orders are approved by Heelys.
- 21:12Volatility is therefore limited. So a central entity controls the
- 21:16price and make sure that it always stays the same.
- 21:19Why would you, why would you own this token to help handicapped
- 21:24people? How is this?
- 21:25Helping handicapped people. Now remember the floor price,
- 21:28right? They can decide on the specific
- 21:31floor price. Okay.
- 21:32So let's continue on here is the token floor price, guaranteed.
- 21:36No, that's impossible. In any investment in a crypto
- 21:40project, especially in its early stages.
- 21:42There is a danger of total Capital loss, but you limited
- 21:48volatility right here. They can decide the specific
- 21:51floor price. No Market.
- 21:52Dealing can be made by any large investor.
- 21:54I'll buy and sell orders are approved by Heelers.
- 21:56Volatility is therefore Limited. These people are insane and like
- 22:02it's so sad that somebody is gonna totally fall for this.
- 22:05Now. Look, look, this is completely
- 22:08reminiscent of every single 2017.
- 22:13The really early Ico offerings. I remember somebody that I knew
- 22:17tried to offer me this thing called karatbars.
- 22:20Okay, and it was essentially gold-backed Bitcoin, but not
- 22:25just any gold back Bitcoin the the gold company.
- 22:29Is a multi-level marketing scheme, an MLM.
- 22:32And as we know, there's nothing wrong with them.
- 22:35Lme's, right. It's just network marketing.
- 22:38No, it's not. Okay.
- 22:40It's just another form of pyramid scheme.
- 22:42And these people had an overpriced product that was
- 22:45inferior, that they were trying to sell this type of shit, is
- 22:48even more nefarious, because there is absolutely no product
- 22:52whatsoever. But their virtue signaling that
- 22:56they're going to help the handicapped people.
- 22:58And as I just, Describe to you painfully.
- 23:02They're curing the blind. They're making people walk
- 23:04again, and they're restoring life.
- 23:08All you need to do is buy their shit coin.
- 23:12So you need to do Nico. Dude, Bro, Look transhuman coin
- 23:20while rare para something coin, the the one where they literally
- 23:26inject a mouse with the shit coin.
- 23:29Not even kidding. We recovered that they're
- 23:34clearly running out of fucking excuses to create a coin, every
- 23:39single method, whether it's using babies with yours using.
- 23:44Let the In token, the the, let's in, let's inject Mouse's with
- 23:50with private Keys transhumanism in there, like, dude, like, now,
- 23:55pair player like Paris, you know, to put the artificial
- 23:59limb, like, dude, like these people have no souls hate are
- 24:03willing to say anything to sell these coins.
- 24:07Man. Didn't give one example.
- 24:09Nico didn't give one example of how this token somehow
- 24:13translates into a a handicapped person getting service.
- 24:18Dude. There's no.
- 24:19Like, I know what it actually reminds me when Gigi came on the
- 24:23show. He said that, and he said
- 24:26something. So, interesting.
- 24:27I said about the bell curve and the level of scam now has to get
- 24:33so ridiculous. So ridiculous that the vast
- 24:37majority of people won't believe it, but there's always remember
- 24:41the bell curve. There's always someone at the
- 24:43very end of the spectrum. Room that will buy it and that
- 24:47explains why they keep getting more and more and more
- 24:49ridiculous. Because back in 2017.
- 24:52It was new no one known you with the I co was so you just could
- 24:57have made a nice website, put this in this in that did a nice
- 25:00co and then boom. And then, you know, you would
- 25:04have made a lot of money, but nowadays, everyone knows it's a
- 25:06scam. So they tried to nft S now the
- 25:10excuses to raise and I see, oh, just getting more and more and
- 25:14more ridiculous. Bro, what a clusterfuck.
- 25:17Stay away from these ya go. Well, I'm sorry.
- 25:20I just I just want to add one other thing to this scam.
- 25:22Okay, one of the worst Parts about this scam is that they
- 25:24Associated themselves with a charitable organization.
- 25:29Okay, and if you go look at the charitable organizations
- 25:32website, which we're going to pull up right now, okay, if you
- 25:36go take a look at this, okay, it's called handicap
- 25:38International. Okay, and this is how you become
- 25:42a member of handicap International you.
- 25:45Eight a minimum of 1,000 dollars.
- 25:47Okay. It's written in French.
- 25:48So there's no point in me, reading it.
- 25:50I'm just translating it for you. You have to, you donate between
- 25:53one and ten thousand dollars. Okay, and you become a member of
- 25:55handicap International not handicap.
- 25:57International is a totally legitimate organization.
- 25:59There's nothing wrong with that. Okay, but you see, this is how a
- 26:02scammer can legitimize themselves.
- 26:05This is what I said at the beginning, right, by doing this.
- 26:07Now we're doing the partnership parade.
- 26:09Hey, look, we're partners with this organization.
- 26:12And this organization is good. Yeah.
- 26:15Yeah. Yeah.
- 26:16No. No, that's what they do.
- 26:17Very nefarious. That's what they do, man.
- 26:19That's would Solano with me. They reached out a.
- 26:22You want to be want to have b v associated with Solana with,
- 26:25with all the celebrity endorsements?
- 26:27The same thing. It's the make you believe that
- 26:30they're legitimate because they're loosely associated with
- 26:34a celebrity influencer company, etc.
- 26:37Etc. But anyways, so it's time for
- 26:39the daily mean, review brought to you, by Citadel 21.
- 26:44They make the best. As Bitcoin cult Rosine it's
- 26:47stories articles Comics by actual bitcoiners.
- 26:52This is the artwork for volume to.
- 26:54It's one of the oldest means, it's almost sold out.
- 26:57This is the artwork for volume 11.
- 26:59It just came out. Is the most recent physical
- 27:03print and this is artwork for volume 10.
- 27:05It's nice and bright. Remember guys, they're scarce.
- 27:07There's only 1000 copies made per volume.
- 27:10So get your prints of Citadel 21 today before they Run out.
- 27:15All right, everybody. Welcome to the Bitcoin meme
- 27:18review. Where we review, Bitcoin memes,
- 27:20because Bitcoin memes, play, a very important role.
- 27:24In this narrative, trench warfare that we're fighting
- 27:27every single day on the internet memes form.
- 27:30As they play, they form as a weapon there, a weapon.
- 27:36Okay, I butchered it, but you guys got me just of the part of
- 27:38that part of the immune system. You guys get the point.
- 27:41I tried to make it epic and dramatic, but the knife I just
- 27:44dropped the All at the end, you pulled a Phil, I pull the film.
- 27:49I'm hanging out with Phil, too much.
- 27:50Anyways, next 1 by Rd Rd underscore BGC.
- 27:55Shit, colloids bitcoiners with the laser eyes.
- 27:57I love classic but good. All right, my money, my rules,
- 28:01the state bitcoiners spying on all our finances negotiating.
- 28:06Our own rate of tax soon. Just wait.
- 28:10Just wait, but I think it's all Bs until it happens, dude.
- 28:13I'm telling you, listen. In the state has about the
- 28:17balance of power. Right now, if your money is in a
- 28:19bank, it belongs to the state. All the state needs to do is
- 28:23flip a finger, snap a finger contact the bank, the bank
- 28:26freezes your account. But if you're taking Bitcoin
- 28:30into self custody and the state is trying to impose an
- 28:35unjustified tax, you know, maybe to go to war to pay for a social
- 28:40program. You know, that's gonna be that's
- 28:42gonna be very hard to convince people remember that.
- 28:45Famous saying, right, that Michael sailor, mentions on on,
- 28:48on Legacy Media. I lost in a boating accident.
- 28:52Anyways, that's what we're talking about.
- 28:54Next memes. It's a Reddit meme, always not
- 28:57affected bank holiday, Bitcoin user, not affected
- 28:59hyperinflation. Bitcoin user, not affected cash
- 29:01controls coming to France, Bitcoin user not affected
- 29:04Americans unable to open bank accounts overseas, Bitcoin user,
- 29:06not affected a matter of time. Until one of Europe's T.
- 29:11BT, F Bank fails, the client user.
- 29:14Not a Affected highly accurate. The deflation is dilemma by Food
- 29:19To Live Safe Money. It's True.
- 29:25It's so true tomorrow. Just wait another year.
- 29:31I don't even I don't need to fly out of place right now.
- 29:33Just wait another year. All right, buy Bitcoin archive,
- 29:37the perfect Bitcoin, illustration shout-out to the
- 29:39crypto couple money, personal sovereignty, technology.
- 29:42And Bitcoin is the akagi. I think that's what this is
- 29:46called. Anyways, Moving On by spent a
- 29:50government, has your best interest at heart.
- 29:52Art and other hilarious jokes, you could tell yourself all your
- 29:55to. Alright.
- 29:56Bye haleh. Dorado Bitcoin down.
- 29:59Nine weeks in a row. Release the green.
- 30:03Come on. That's great.
- 30:06Oh man, that's awesome. So good very very great meme.
- 30:11Shout-out to the plebs, bringing the flock, the fire like always
- 30:15for though, means I'm going to give it this bounty card that
- 30:21has .001 Bitcoin on here and it was one of the awards that you
- 30:27got at the tone vays, uncomfy skateable poker tournament.
- 30:33I actually came in eighth place, but Every time you took someone
- 30:36out, you got one of these boundary cards, I got three I
- 30:38gave one to fill. I already used mine though for a
- 30:42score so that kind of sucks. But anyways, anyways, those are
- 30:46great memes especially loved the last one and for that I am
- 30:51giving it my Starbucks half-finished pink drink.
- 30:55That's right, pink drink. Anyways, nothing strawberry.
- 30:59Can't go wrong. Mmm.
- 31:00Very delicious. Anyways, guys.
- 31:01We want to know if you agree with our scores.
- 31:04If you If you want to rate the meme yourselves, you should
- 31:08write it. Put the rating Down Below in the
- 31:10comment section, comment. Comment comment helps us with
- 31:12the mysterious YouTube algorithm, of course, joint are
- 31:16awesome telegram group. It's a party in there.
- 31:19The links down below plebs posting, memes plugs being
- 31:23plebs. It's a party, definitely join
- 31:25it. And, of course, make sure to
- 31:27subscribe to us on alternative video platforms like,
- 31:29Rumble.com, and our personal favorite Bitcoin tv.com.
- 31:33They don't tend to there because it's Bitcoin tea.
- 31:35Evie. But anyways feel it's time for
- 31:37the Daily News brought to you by crypto cloaks.com.
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- 31:58pink. You can do it in pink, but only
- 32:00on crypto cloaks.com. You also makes the famous 3D
- 32:03printed Bitcoin, honey. And you can take a branch of the
- 32:06promo code down below to get 5% off crypto, cloaks.com.
- 32:11All right, everybody going to take you down a little bit of a
- 32:14rabbit hole today. The reason that we cover so much
- 32:17of the Legacy Media, right? Whether that's Reuters, whether
- 32:21that's the New York Times whether that's the financial
- 32:24times is because this is what the elites are reading.
- 32:28These are, these are the Publications.
- 32:30The people that are big fans of Central Bank, digital currencies
- 32:34and a one world. Ed government, that's what they
- 32:37read. And unfortunately, for them
- 32:40plebs happen to get a subscription to these until
- 32:44these Publications. So we're reading what they're
- 32:47reading. But check it out.
- 32:49Check out the narrative framing to this Phil.
- 32:52It's absolutely ridiculous. Bitcoin lers inflation.
- 32:57Weary argentines despite crypto crash.
- 33:03It's a lot of bullshit and Condensed thing, right?
- 33:07Think about the the the narrative that they're trying to
- 33:10share that, the trying to shape. Right?
- 33:13Is that because people are inflation weary.
- 33:16They're going into crypto, but it's weird because crypto
- 33:19crashed so strange, right. Remember guys, you think that
- 33:24this this is not a coincidence. They way they frame, this
- 33:27framing is very important in order to cut to craft a
- 33:31narrative. So it's very important to pay
- 33:33attention to how they They they phrase it because that's a lot
- 33:37of signal because that's what they're afraid of it.
- 33:40Anyways, check this out, fill. Your blood is going to boil on
- 33:43this one Savers in the South. And after South American Nation
- 33:47are increasingly being drawn to cryptocurrency to offset years
- 33:51of painful inflation. Now running near 60 percent
- 33:55shrugging off a recent market crash.
- 33:58I don't know what this has to do with it.
- 34:00But check this out. Fill and El Salvador's.
- 34:02Troubled experiment with virtual tender.
- 34:06Hmm. Okay.
- 34:09So Savers and South American Nation are increasingly being
- 34:12drawn to cryptocurrency to offset years of painful
- 34:15inflation, but we want to let you know that crypto had a
- 34:20recent 60% crash. Don't pay attention to the
- 34:25inflation. Pay attention to the recent
- 34:30crash, the local environment is pushing people to protect their
- 34:34capital and cryptocurrencies. And so we see growth speeding up
- 34:38said my, my auto Lieberman, one of the founders of the cafe,
- 34:43which is aimed at promoting the use of digital tender throughout
- 34:46Latin America. The growth potential is
- 34:48enormous. He said adding that most local
- 34:50users were buying it as a way to hoard their savings, which goes
- 34:56back to what? Mike.
- 34:57Sailor was saying yesterday about how Bitcoin is the most
- 35:00Equitable. I use the word baby to the
- 35:04Equitable Financial system that exists right?
- 35:08Why they hoarding their Savings in crypto, even though it had a
- 35:12recent 60% crash because it can't be debased or easily
- 35:18confiscated by the government. It's it's an avalanche.
- 35:22That won't stop that won't be stopped.
- 35:25This is an Argentinian user. Saying that not simply Bitcoin.
- 35:29An April report from America's market intelligence showed
- 35:32crypto penetration. Argentina was 12% around double
- 35:36the level of Mexico, and Brazil, adoption, and hyperinflation
- 35:40played Venezuela's even higher. Isn't that a quite a
- 35:44coincidence? Fill that in the countries with
- 35:47with the highest crypto Bitcoin and shit coin adoption.
- 35:51For some reason. Those are the countries that
- 35:53also happen to have the worst inflation.
- 35:56All Well, you look at that and then you, and then you gotta ask
- 36:01yourself, why they would frame the name of the article that
- 36:04way, duh. Okay.
- 36:06Anyways, the draw is a lack of confidence in the local Peso
- 36:10currency. No shit Sherlock, which has its
- 36:12is depreciated. 14 percent this year against the dollar Capital
- 36:17controls limiting foreign exchange to 200, monthly, 200
- 36:21dollars monthly are also spurring crypto, adoption.
- 36:25No shit Sherlock. A lock, basically, it's because
- 36:29I lose less, he said with an Argentine inflation of between
- 36:3360 to 70%. And fixed terms paying 30 to
- 36:3735%, It just doesn't work. The central bank has warned
- 36:41repeatedly about the risk of investing in volatile, digital
- 36:45currencies. Okay.
- 36:47All right. All right, hold on there.
- 36:49Hold on there Mister Central Bank because unfortunately for
- 36:52you guys, right. Not only does simply Bitcoin.
- 36:56I have the receipts. We also are subscribed to all
- 37:00the bullshit Legacy Media that you guys have.
- 37:04So we're able to fact-check you and real fucking time sucks for
- 37:08you. So let's talk about the Central
- 37:11Bank. Shall we?
- 37:12Here's the Argentinian peso? And here's the percentage.
- 37:18In terms of how far it's gone down compared to bitcoin.
- 37:25This is three years. Here's maybe my eyes are playing
- 37:28tricks on me. But that says eighty nine point
- 37:31eight percent and in five-year terms, that's ninety nine point
- 37:37zero five percent and a one-year term that is in a seven point
- 37:41one, four percent. So That title is grade-a
- 37:51bullshit. It's just bullshit.
- 37:55It's trying to paint a narrative.
- 37:57That isn't based on reality, Right?
- 38:00Moving on Sebastian car and I'll get to why they're trying to
- 38:03paint that narrative in a second.
- 38:05Sebastian 23 from a poor Escobar Escobar neighborhood.
- 38:09Outside. The capital has little to lose.
- 38:12He is looking to dig himself out of poverty, using a homemade
- 38:16crypto. Currency mine.
- 38:17He assembled with recycle, computer parts from his work.
- 38:21I've repaired the things put it together in a computer.
- 38:23He told Reuters at his home where he had screen showing, how
- 38:27the mining is going. He started with etherium then
- 38:31Bitcoin, check this out fill, which is why they have to rely
- 38:34on the narrative, which allowed him to buy some land and go back
- 38:39to school. I'll keep mining because it's a
- 38:42good way of savings. Now, you have to question
- 38:46yourself. Self.
- 38:47Right, why is it that? They would like their their
- 38:49shaved, your shaping. The Narrative like this, even
- 38:53though you look, if you dig down deep in the article, it looks
- 38:56like it's actually helping people.
- 38:58If you actually look at the Argentinian peso as it relates
- 39:03to bitcoin, the Argentinean peso, as much as the central
- 39:07bank would like to like you to believe the Argentinean peso has
- 39:10crashed 90% and three years compared to bitcoin and has
- 39:15crashed. Nine percent in five years
- 39:19compared to Bitcoin. Now.
- 39:20Let me tell you why Reuters is trying to shape an article like
- 39:24this. If you remember, not too long
- 39:26ago. The IMF asks, Argentina to
- 39:29discourage the use of Bitcoin. Do you know how maniacal that
- 39:35is? If these people have Argentinian
- 39:39saved in Bitcoin, they would have 99% more purchasing power
- 39:47than if they didn't, but the IMF is not interested in that.
- 39:53The foreign debt refinancing agreement being signed between
- 39:56the Argentinian government into international.
- 39:58Monetary fund also contained a provision asking, the Latin
- 40:01American country to discourage the use of cryptocurrencies.
- 40:05The request was included as part of a set of monetary and fiscal
- 40:08policy, policy policies to which the nation is committed in order
- 40:12to have longer payment terms. So the IMF essentially
- 40:18blackmailed the Argentinian government has not too long ago.
- 40:21Smart 17 2022 to say. Hey, you can't use those
- 40:26cryptocurrencies. Why?
- 40:27Because it takes away power from the IMF which is why you have
- 40:31articles like this trying to say, is as a, oh, I like these
- 40:34are these crazy people. How could, how could they be
- 40:38seeking Refuge? They need us.
- 40:41But here's the thing, and here's the reality.
- 40:44Here's the facts. The Argentinian people would
- 40:48have been significantly better off if they saved in Bitcoin and
- 40:53you know who's against that? The IMF?
- 40:57What are what is the IMF? What it?
- 40:59What is their purpose? The original purpose says that
- 41:03the internet is there from their website.
- 41:04The international monetary fund Works to achieve sustainable
- 41:07growth and prosperity for all of its 190 member countries
- 41:13Prosperity Prosperity. That's what you call Prosperity.
- 41:19Hold on. Let me pull it up again.
- 41:20Okay, so you guys can have in your mind, Argentinian peso 99%
- 41:26down and you force the Argentinian.
- 41:29You're trying to strong-arm. I'm course, the Argentinian
- 41:33people by bribing their politicians, not to be able to
- 41:37save. Even though there's two stories
- 41:40that they dug that they put down in the article to argentinians
- 41:44that are saying it's an avalanche that can't be stopped
- 41:46and some very poor person that lived in a poor neighborhood.
- 41:51Used Bitcoin to get out of poverty and go to school.
- 41:54So I am at whose side. Are you really on IMF?
- 41:59Are you in the side of the people that you claim to want
- 42:02prosperity for the world? Nah, it looks like you guys are
- 42:06in it for power and control and that's what you've always been
- 42:10at for. And that's why you reached out
- 42:13to the Central African Republic. That's why you reached out to El
- 42:16Salvador. You don't give two flying fucks
- 42:19about the people of el. You don't give two flying fox
- 42:23about the people in the Central African Republic.
- 42:25You don't give two flying fox about people in general.
- 42:27What you are concerned about is power and control and Bitcoin
- 42:33like it shines. The light of Truth on everything
- 42:35has shined the light on truth on you guys.
- 42:39And your days are numbered you won't survive.
- 42:41Two decades. Bitcoin is coming to Eat You
- 42:44Alive. Phil dude.
- 42:47Bullish, very bullish on your comments to that.
- 42:51Man, so look that article is incredibly disingenuous Bitcoin
- 42:57lures just the title. Right?
- 42:59Just the title alone creates this negative connotation behind
- 43:04it. Now if we zoom out and look at
- 43:06this article, what did they do? Right?
- 43:07They attacked it. Bitcoin was attacked throughout
- 43:09the article. In like you said, right at the
- 43:12right three quarters of the way through, they explained that
- 43:16there's two ways in which people are actually being Helped by
- 43:22Bitcoin. Okay, so, but something about
- 43:26the mainstream media that they understand very well who's going
- 43:29to get through that article, Nico, Someone Like You, Someone
- 43:31Like You who's digging for signal?
- 43:33Right, but the average person is just going to read that
- 43:37headline. That's all they're going to do.
- 43:40They're going to read that headline.
- 43:41And they're going to say, well, Bitcoins bad and look what's
- 43:45happening. It's luring people in because
- 43:47inflation is dangerous, you know, like it's just Complete
- 43:51and utter nonsense. The other piece that I want to
- 43:54bring up about. This is the random mention of El
- 43:58Salvador being a being a failed experiment, right?
- 44:01And the 60% drop. Do you want to know what's
- 44:04really pathetic? What's really pathetic?
- 44:07Is that Bitcoin has had the drop that it has and it's still
- 44:11retains its value better than the dollar due dates update up
- 44:15two hundred and forty five percent in the last two years,
- 44:18dude. Oh boy.
- 44:20That's what I'm saying it. They sit there and there they
- 44:23are essentially banking. They are banking on the fact
- 44:27that people can't do math. They're banking on the fact that
- 44:31people are confused. They're banking on the fact that
- 44:33people are tired, not paying attention.
- 44:36They're going to look at that number and they're gonna go.
- 44:39See you can't store your value. It just dropped. 60%, not even
- 44:44realizing that what you just showed in in five year span the
- 44:48Argentinian, the Argentinian peso.
- 44:51Down 99 percent against Bitcoin in a five-year span, who's
- 44:56volatile. And volatile to what side.
- 45:00I rather take my volatility to the upside.
- 45:03I am still, like I haven't seen a reason why we shouldn't be
- 45:07championing Bitcoin yet. I haven't found it yet.
- 45:10Been doing this for five years now, six years.
- 45:12I haven't found it yet. It's only it.
- 45:15I find. It's only improving lives.
- 45:17Low time. Preference Behavior.
- 45:19Forcing people to look and think about the future in a different
- 45:22way. This is not negative.
- 45:25These guys like look, it's like you said, man, the IMF they
- 45:28don't win and to your point. Okay?
- 45:31To your point. They enslave all these countries
- 45:33with sdrs under the guise of help, right?
- 45:37Sdrs, as we've explained in the past, is another layer of fake
- 45:41money, that is created out of absolutely nothing because they
- 45:45use a basket of other currencies to back it and those currencies
- 45:51come from nothing. This is all just smoke and
- 45:55mirrors. It's all smoke and mirrors.
- 45:57And for some reason, we're all playing along Bitcoin makes it
- 46:02so that we can stop playing along.
- 46:06Anyways, that's yeah, II couldn't I?
- 46:09I'm shocked man. I shouldn't say that.
- 46:11I'm shocked. I'm disappointed.
- 46:12That's really what it is. But are we surprised?
- 46:16We're not? No, we're not surprised.
- 46:17And we know that this is just going to intensify, because
- 46:20let's face it. The mainstream media, the
- 46:21corporate owned media, every person who is a proponent of the
- 46:24money. Spicket is not going to quit.
- 46:26They are not going to stop. Imagine getting endless power of
- 46:30doing nothing. You're never gonna let go of
- 46:32this. You're absolutely right.
- 46:35Now, it's crazy. And that's actually a perfect
- 46:38segue, it segue correct segue to my next topic.
- 46:45And this is actually something that we brought up earlier.
- 46:48Now. It's about the idea of sanctions
- 46:52right. Again sanctions the official,
- 46:56you know, stance of the US government is, you know certain
- 47:01the they're trying to sanction the Russian economy.
- 47:04As much as possible. We're not advocating for doing
- 47:06anything illegal to get over those sanctions, but we are at
- 47:11questioning. Right?
- 47:12And we are allowed to do that. Right?
- 47:14Is we don't believe that simply Bitcoin, that any group of
- 47:19people should whether it's an elite group of people and
- 47:23elected group of people should have the power to cut off an
- 47:27entire country from the financial system, right?
- 47:33And at the end of Of the day, the victims of sanctions are not
- 47:38the politicians and the government's that their aims for
- 47:42their the people of those countries, right?
- 47:46And let me get into this article a little bit and this was
- 47:50obvious. This was always going to be in
- 47:51the game theory, right? Russia moles allowing
- 47:54cryptocurrency for international payments interfax reports.
- 47:58But again, why is Reuters covering it this way?
- 48:01What do they want, right? Bitcoin is not compatible with
- 48:06sanctions. Remember that guys.
- 48:09Okay. So now I'll get to why I'm
- 48:13saying that in a second. Russia is considering allowing
- 48:15cryptocurrency to be used for international payments.
- 48:18Interfax news agency. Quoted a government official
- 48:20saying on Friday, the idea of using digital currencies and
- 48:24transactions for international settlements is being actively
- 48:27discussed. We will, we could have told you
- 48:29this was going to happen. Discussions have been ongoing
- 48:32for months and through the Government expect
- 48:35cryptocurrencies to be legalized as a means of payment sooner or
- 48:38later. No consensus has yet to be
- 48:40reached. So obviously our favorite,
- 48:45Senator Elizabeth Warren, right? She she targeted a bill, did it
- 48:50do so hot. She had the CEO of chain
- 48:52analysis testify and he crushed her metaphorically, of course,
- 48:58and you know, she's basically saying look, The Proposal still
- 49:01in draft form has taken you urgency as a bipartisan.
- 49:04Aaron Grove that members of moscow's elite, might be able to
- 49:07sidestep sanctions by using digital currencies.
- 49:11Right now. Let me get Ron.
- 49:13Paul's thoughts on sanctions. This is just tweet, says, very
- 49:18famous libertarian politician. He is the father of Rand.
- 49:23Paul who's the current senator of Kentucky, which happens to be
- 49:26one of the only Senators that actually advocated for not
- 49:29sending 40 billion dollars to Ukraine.
- 49:32After spending 20 years in Afghanistan.
- 49:35Not to mention Vietnam and all the endless Wars economic
- 49:37sanctions seek to impoverished and sicken the civilians of the
- 49:41sanction Nation. They also Place heavy economic
- 49:44costs on the civilians of Nations imposing the sanctions
- 49:48to add insult to injury the track record of sanctions.
- 49:52Actually forged forcing regime change is abysmal.
- 49:57It's not like I look at Cuba not like look at Iran not lying.
- 50:02Look at Russia. Putin's approval rating is 82%.
- 50:09It's 20% higher than when this before the sanctions stopped.
- 50:15Why do you think that is foreign country?
- 50:18It's just this is basically telling you, hey, Russian
- 50:21people. We the US government have
- 50:23decided that you're not allowed to transact with the Global
- 50:27Financial system. Now, what does this all have to
- 50:29do with Bitcoin? What I'm all going to tie it in
- 50:32together with this, right? The idea of sanctions is
- 50:36facilitated by government controlling the money, right?
- 50:40They print the money, they issue the money stairs, right?
- 50:45V idea of sanctions under a Bitcoin future is literally
- 50:51impossible. It's impossible in Bitcoin.
- 50:53You can't decide who uses Bitcoin, who doesn't use
- 50:56Bitcoin. So what I'm trying to tell you
- 51:00guys is that there's going to be an inevitable Clash.
- 51:03It's inevitable. It's going to happen, right?
- 51:07I don't know to what lancs a lot of these people in power to what
- 51:12lengths. They're willing to go through.
- 51:14Is this Bitcoin hyperinflation, going to take a like an extended
- 51:18period of time because if that's better, Mother Nature does its
- 51:21thing, right? And these very old politicians
- 51:24that have been used to the power of the Fiat system, you know,
- 51:28they're going to get older, they're going to retire, right?
- 51:30Or is this high for Bitcoin ization going to happen quicker
- 51:33because it It happens quicker. It might be a shock to a lot of
- 51:36these people in the administrative state that are
- 51:39used to using the dollar as a weapon.
- 51:42They've weaponized the dollar and millions of people are
- 51:45paying the consequences. You see this in Cuba.
- 51:47You saw this in Afghanistan when Afghanistan got cut off from the
- 51:51Global Financial system. So, I think, as bitcoiners, we
- 51:55really have to really think about the idea of sanctions,
- 52:02just the idea of being Able to sanction other countries that
- 52:06you don't agree with politically and this idea of essentially
- 52:11getting to pick and choose what people are for money.
- 52:16I mean, are able to use money or not able to use money because it
- 52:20sounds like to me that Bitcoin is a to use their words a lot,
- 52:24more Equitable than whatever fucking system, they get to
- 52:28decide. And I'm and the reason I'm
- 52:30bringing this up today is because this is going to Be a
- 52:33very highly contentious issue, as well as the kyc and am L
- 52:39system, which is, it's not compatible with Bitcoin.
- 52:44It doesn't work. It does work on the on and off
- 52:48ramps works very well. But if you stay in Bitcoin and
- 52:52you're in the Bitcoin ecosystem, the kyc a mail system, it's not
- 52:57compatible as well as sanctions. So I think that we have to start
- 53:01thinking from the perspective. Of centralized money,
- 53:06centralized power, centralized government, to this idea of
- 53:11decentralization that the internet started the
- 53:15decentralization and the disintermediation of The
- 53:18Gatekeepers of information, which is what social media has
- 53:21allowed us to take advantage of. And now the decentralization of
- 53:27money, but with the decentralization of money,
- 53:29nation-states governments have a lot to lose.
- 53:33So, I don't know to what lengths they would go to in order to
- 53:37maintain that power and how you protect yourself from.
- 53:40All? This madness is taking self,
- 53:42custody over your Bitcoin because that is how you make
- 53:46sure that you hold onto that power that hold onto that
- 53:50sovereignty. That if you hold your money in a
- 53:54bank, you're really Outsourcing that to the whims of the bank at
- 53:58the whims of the government. Right?
- 54:00So I know I went on a little bit of a tangent, but this is a
- 54:03thing. I think that's going to become
- 54:05more and more contentious as the years go by, and I just wanted
- 54:10to bring it to your guys's attention.
- 54:11I don't think that sanction system.
- 54:14How they currently are today, and the KML kyc system, how they
- 54:19currently are today, are compatible with Bitcoin.
- 54:23I don't think they are. Phil.
- 54:25What are your thoughts, dude? Because I know this is a complex
- 54:27subject. It is, it definitely is and I
- 54:29completely agree, right? Sanctions is not compatible with
- 54:32Bitcoin, but If we back it up, right, if we back it up even
- 54:35more sanctions, is like this strange kind of like schoolyard,
- 54:41bully Gathering a whole group to go against one.
- 54:44Other kid to say. Hey, we all don't agree with
- 54:46you. So we're going to punish you
- 54:48until you act like us. I mean, that's really what it
- 54:52seems like in a much simpler term and it's really kind of
- 54:56creepy and sad that this is what we do at a governmental level
- 55:00because let's face it right as we've In the past.
- 55:04And as you know, as is not unknown, the real people that
- 55:09suffer in sanctions, are the people most vulnerable, right?
- 55:13The government's, the government's that are supposed
- 55:15to be punished, the individuals in the government.
- 55:17These people's lives are, are not changing.
- 55:20Okay, like these people that they're still getting their
- 55:23quote, unquote Imports and stuff like that from other countries.
- 55:26They're still getting the things that they want in some cases.
- 55:29They may be have to pay a little bit more for it, but they can
- 55:32easily afford it. It because they are part of the
- 55:35power structure. So, look, I think it goes back
- 55:38to, you know, to what you said, I think in a Bitcoin World,
- 55:41which I do believe is approaching more and more.
- 55:45I think we need to rethink these things about, you know, the
- 55:48usefulness of sanctions. I really don't think that they
- 55:51work. And the other, the other piece
- 55:53to this is that I believe that sanctions actually end up
- 55:57creating more enemies. Yeah, so I just look, you know,
- 56:01it's not to say that nobody should ever be punished or like
- 56:03that, but like, I just think that if we actually tried, we
- 56:09could probably come up with a better solution and I just think
- 56:14that we haven't like, I feel like we've always just done the
- 56:16low-hanging fruit. This is the easiest way to do it
- 56:18because think about it, right? You just look at what's
- 56:20happening with Russia. Boom.
- 56:21You just punish the whole freaking nation.
- 56:23And then what happened? How much did Putin support go
- 56:25up, dude? It's it was it.
- 56:28It's fucking crazy, man. You kidding me, you know, so
- 56:30it's so like, obviously, this doesn't work.
- 56:33But if you're a warmonger, If you will are part of the, you
- 56:38know, the military-industrial complex that benefits from these
- 56:43types of activities, then you're very incentivized to see this
- 56:47type of behavior go on. So no, I agree and look like,
- 56:50you know, let me pull it up. So you guys can see the data,
- 56:53right? Like hold on, Google Chrome.
- 56:57Here we go. Fuck you.
- 57:00I know I hate that. All right.
- 57:02So look, this was before the War in Ukraine.
- 57:06His approval rating was 61% shot up to 80 to 82 percent.
- 57:13So sanctions, so, so hold on a sec.
- 57:16So hold on a second, right? So hold on.
- 57:18D is the whole thing, right? You're punishing the Russian
- 57:24people for something that the Russian government did.
- 57:29For what? As if a regime change because
- 57:34look at Cuba. Look at Venezuela.
- 57:37Look at Iran. Look at Russia.
- 57:41Look in North Korea. Anyways, fell, there was an open
- 57:48source software released today. Why don't you tell everybody
- 57:50about it software releases brought to you by Cipher safe?
- 57:54Check them out. Cipher safe dot IO papers, dead
- 57:58store, your seed in the Cipher wheel or the all new Cipher
- 58:02grid. They both come with a
- 58:03tamper-resistant wire and the grid also comes with the punch
- 58:06tool. All right, we've got Zeus now.
- 58:10Let me do it again. Three, two, one.
- 58:13All right, we've got Zeus Ln version. 6.4 that was released
- 58:18its Down Below in the show notes, guys.
- 58:20Don't forget to check us out on our Audio.
- 58:23Only platforms Apple podcasts Spotify and anchor.
- 58:29If you want to stream a SATs check us out on Fountain.
- 58:32Dot f m--! You could stream assets through
- 58:34Breeze. Awesome.
- 58:35Thank you Phil. All right guys, that was our
- 58:37show before we go. I want to give a very awesome
- 58:40shoutout to our clothing. Sponsor represent LTD Phil and I
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