Latest / Simply Bitcoin / EP374 Jack Dorsey Leaving Twitter to Work Full Time on Bitcoin

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EP374 Jack Dorsey Leaving Twitter to Work Full Time on Bitcoin · Simply Bitcoin

0:00
Welcome back, it's simply Bitcoin.
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We break down the news from Twitter.
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The daily fail mean review, software releases Hardware
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releases and the websites by plebs joining us today.
0:11
Return guest fellow Bitcoin ER and person that helps us explain
0:16
things that we don't understand Lear on, all right, we're going
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to the numbers, let's do it. Number time is brought to you by
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Bitcoin 2022, it's gonna be the largest Bitcoin conference ever
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hosted in sunny sunny Miami. And president bouquet.
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I just announced he's going to speak there and you can take
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advantage of the link down below for 10% off your ticket to
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bitcoin 2022. At the time of this recording.
0:41
The block height is 711th 1871 the Bitcoin price 50 8020 chain,
0:47
rewrite days. Nice little bump on that 830
0:50
total. Public lightning capacity.
0:52
That's a new all-time high. Hi 3294 0.34 Moscow time 1724
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and blocks to The Happening 128,000 128.
1:05
Now for some reason I feel like that matters dude I don't know
1:10
man 128 128, that's gotta be something price.
1:13
The price is exactly at 58 K right now.
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It's exactly at 50 AK, it's 50 80 000 and that's Sign.
1:24
Fuck, you. Dennis, Phil.
1:26
We're also at blocks to The Happening 128,000 128.
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So 58 K plus that equals numbers mean, something, dude.
1:37
They're fucking with us. Somebody is fucking with us, I
1:40
don't know who, but I want to find out.
1:42
But yeah, man. Fuck, this channeling has been
1:45
brutal. I don't know how long we've been
1:47
stuck. At 58 K, but it feels like five
1:49
years. Feels like we've been stuck at
1:51
this price for five years. Add into the mix, the clown
1:55
world that we're all experiencing and you have a
1:57
recipe for fucking disaster, 10K forever, Nico, 10K forever, have
2:03
case and you 10K. It's true.
2:05
This is true. Phil spitting spitting facts.
2:08
But anyways, Phil I got a very interesting little tweet thing
2:12
chart and would love to get your guys thoughts on this.
2:16
It's biter domestica and he says, think Bitcoin won't
2:22
demonetized gold. And here is a chart and let me
2:26
point out the sources before I show this off right Source.
2:29
Kill ber 2007, the demographics of us, blah blah and so really
2:34
good sources. And I've always put the link
2:35
down below but anyways, replacement of Horses by cars in
2:39
the United States, right? Here's the 1900s.
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Remember, it's like At first, it's very slow, and then it's
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just like fucking flood. And there the horses, right?
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And then it just goes down, right?
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So I think the reason I wanted to show this is because just
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these are the bankers, these are the central Bankers, right?
3:00
And these are the bitcoiners right there.
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Just keep that in mind, you know, just them talking all the
3:05
shit they want, right? And you know all the you know
3:08
because imagine I'm sure that the horse and buggy industry,
3:12
captured, a fuck ton of regulators back then.
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Right? So I don't know.
3:18
I maybe I'm just talking shit. Phil that was a great little
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chart. I just want to point out though,
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you know, just for the sake of transparency tirtir has had some
3:27
some takes on a theory. Mm.
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And and he's he's a I was blocked for like a really long
3:33
time for calling him out on something a couple of years ago.
3:35
And then for some reason he unblocked me but still the point
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is that it's a good take, right? It's a good take on bitcoin but
3:43
he's a bit of a shit koiner. So, you know, for the people
3:45
that will go and follow him and appreciate His takes because
3:49
very well-spoken, very knowledgeable, just be aware.
3:52
There's there's some sprinkling of shit coining in there.
3:55
Okay, but focus on the dad, I do, I'm sorry, I'm sorry, I'm
3:58
just see, you know, like the can't help it.
4:01
Yeah, look, I mean, I think that that's accurate.
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I think that you can do that, you know, it's the same thing
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with, like, look at what happened rights like nobody
4:09
thought like, you know, people didn't really think that you
4:12
were going to carry around the phone.
4:13
I still remember seeing that this ridiculous narrative that
4:16
like know why am I going to carry around a phone?
4:18
Ook at how huge this thing is. And my uncle had one of the
4:20
first like car phones way back in like the in the 80s and this
4:24
thing was awful. I mean it was like a giant box
4:27
in the in the trunk. So yeah, you know, it's exactly
4:31
what you said at first. It's not very quick, but then,
4:34
all of a sudden we, it's just going to be exponential growth.
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And I think we're just starting to see that exponential growth
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like we're really just building out the, you know, the ground
4:43
floor for this absolutely clear on what do you think?
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Yeah, I thought that was kind of interesting chart, especially
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when you looked at it, you know, they were both sloping upward
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together for like a little bit there and then the change
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happened and I think, yes, I want.
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I want to speculate a little bit here, right?
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This is like, kind of the Revenge of the horse people,
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there were just like no, the cars are going to take us back,
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right? And you know, I've course I'm
5:12
totally speculating but you know, why else would it just
5:15
bump up and then start going down?
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I just want to point out, I just want to point out that, that
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bump up that you see with on the horse chart is the moment when
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they spread the biggest fight of all, that cars are powered by
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the devil. So, oh, is that real?
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No. No, I'm just thinking for the
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times, I mean, I'm pretty sure it was something along those
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lines because I just was like, dude.
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That's a, that's a hell of a good title for tomorrow.
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Bitcoin is powered by the devil, you know, just anyways, but it's
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a good, you know. Easy salad.
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It's not very precise chart but I think it's a good
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visualization of exactly the moment in history, we're living
5:55
through and the one that I've actually lived through because I
5:59
didn't live through the horse and car thing, but one that I
6:02
lived through was essentially the internet taking over, right?
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And there are so many companies like, you know, the ones that
6:09
come off come off, that my head is like Barnes and Nobles
6:12
Blockbuster, right? They stayed in the analog world
6:15
and they got left behind by the internet.
6:17
I suspect Bitcoins going. To do the same thing to Banks,
6:20
right? You're not really commercial
6:21
Banks, but more so Central bank's, right?
6:23
And you can, you know, yesterday's episode yet,
6:25
Christine lagarde's face, like you know what?
6:28
I'm gonna save that image of her face.
6:30
I'm gonna start popping that's going to be the new jump-scare.
6:33
Christine Lagarde, like that. Yeah, I have a challenge.
6:36
I have a challenge for the listeners.
6:37
If we have a Bitcoin her out there, that was around during
6:40
the horse-and-buggy days to the convergent over to the car.
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I want them to message us and I want, I want to bring them on.
6:48
Show dude holding the holiday beating me like 120 years old
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dude boom. Oh that's person.
6:56
Look at that. And and he's and they'd be a
6:58
Bitcoin. ER, okay.
6:59
That would be bad if there's a hundred twenty year old.
7:02
That was a big Corner. That'd be fucking bad-ass is it
7:05
was just funny because you said you weren't around during that
7:07
time and I'm thinking to myself I'm like anybody was anybody
7:10
anymore? I'm like.
7:11
And then I was like, you know what, if somebody was let's get
7:13
them on the show. That'd be good.
7:15
If you guys know 120 year old that's into Bitcoin let us know.
7:18
Down in the comments but anyways Phil it's time for the daily
7:22
fail. The daily fail is brought to you
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by Amber app. Check them out, a DOT app, it's
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Bitcoin, made easy. It's the easiest way to invest
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in Bitcoin. You can start for, as little as
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$5 a month, but I suggest you stock more than that.
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If you can, anyways, the link is down below.
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I think it's going to be really weird when yellow is actually on
7:41
the show, but he's also on the show.
7:45
Amber smart way. Stuck sense.
7:48
Okay, so look the essentially this was a link that Cory posted
7:52
and T CBP the taco carnivore Bitcoin plug group, okay and
7:55
this is a fellow Bitcoin. ER Hugo nuyen.
7:58
Okay or at Hugo Hanoi and shout out to him because you know what
8:03
this is he's been, you know, he's been he's one of these loci
8:07
bitcoiners or at least I think he is because you don't really
8:09
see too much from him. But when you do this guy just
8:13
blows the lid off the top, I mean this is we're going to dive
8:17
into this right now, okay? Let's go aetherium SBS and
8:21
intellectual dishonesty a thread.
8:24
It's a massive thread. Okay, Niko's going to scroll
8:26
through it but we are going to get to a point where this is
8:30
going to tie the whole thing together.
8:32
So I just want everyone to bear with me.
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Okay. Bear with us as we roll through
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the steaming pile of disingenuous crap.
8:40
That is etherium. Okay, here we go.
8:43
Some background about three and a half years ago, I started
8:46
looking into proof of stake systems and published a series.
8:48
Use of Articles documenting, my thoughts and findings.
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Now, of course, we're going to have a link to this tweet, so
8:54
you guys can go through it and actually take a look at all the
8:55
reason. My god look who this is.
8:58
Oh yeah, it's the turd turn. Wait, there's more this is only
9:08
the beginning okay. Since then, I haven't paid much
9:10
attention to it here until Turner and bit mix research is
9:14
tweet made me curious. So I so I take a quick look.
9:18
Look to see what they've been up to after all.
9:21
It's been more than three years, a theory and people made so much
9:24
money, they must have thrown billions at finding scaling
9:27
Solutions. Surely there must be some
9:30
progress, right? Nope.
9:32
Just the same BS and more intellectual dishonesty.
9:35
Let's take a look. This is one of the theorems most
9:37
recent article by Georgio's. Constantinople has and vitalic
9:43
butyrin published on Paradigm. July twentieth, twenty twenty
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first. So about Months ago, the article
9:50
was likely prompted by concerns raised by burgle, Alex and
9:54
others back in July, on how broken etherium has become the
9:58
tldr too long didn't read is that aetherium has a
10:01
vulnerability that could enable re orgs on demand Services, an
10:06
existential threat. So here you can see, Alex is
10:08
tweet, you know? Holy f is aetherium broken,
10:12
every design, does every design decision they've taken for E2
10:15
carries? Absolutely, irresolvable
10:17
centralizing. Enforces thinks taking is bad
10:20
enough already the underbelly of Mev is absolutely monstrous.
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All right, let's keep going. Here's the abstract.
10:28
It attempts to explain how etherium 2.0 will fix the reorg
10:32
zaandam and So it says here, what they highlighted was the
10:36
possibility of miners, adopting, a hypothetical modified,
10:40
etherium client. They'll that allows them to
10:42
essentially accept bribes to make a short-term reorg of the
10:46
chain. Just so, you know, we covered
10:48
this like two three weeks ago in one of our, in one of our dumps
10:52
on aetherium with the new EIP thing that they that they came
10:56
out with. Anyways, let's, let's continue
10:59
on down. It starts off with a few
11:00
definitions, including something called finality now.
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We've talked about this what the shit coiners call finality and
11:08
what we call finality in Bitcoin or two, completely different
11:11
things. Okay, they just throw words
11:13
around like the word decentralized.
11:16
Anyways, BS number one just because you name something final
11:20
doesn't mean that it is actually Final in distributed consensus
11:24
sense. It is also not mathematically
11:26
impossible to get reordered. More on this.
11:29
Silly finality concept from gaspar's official paper note the
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night. I've assumption about always
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being able to attribute faults too bad actors when shit hits
11:39
the fan proof of stake systems can have no Bad actors but we'll
11:43
still finalize different things and have disastrous re orgs
11:47
regardless an example is when the network gets unexpectedly
11:50
partitioned due to extra extraordinary circumstances.
11:54
Remember how we were talking about that?
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There was a fork by mistake like two weeks ago just kind of
12:00
happened like that just kind of happens.
12:02
Anyways the Thing to say like Satoshi did, is that consensus
12:07
is always probabilistic. This is something that and this
12:11
is what people don't like about Bitcoin.
12:12
Because we talked about the trade-offs that's why Bitcoin
12:15
is. That's part of the reason why
12:17
Bitcoin attracts the people that attracts and it attracts the
12:20
talent that it attracts to building on bitcoin.
12:23
Anyways. Not throwing around a term like
12:27
finality, right? We don't do that.
12:30
That's what they're doing. The use of deceptive language is
12:32
a reoccurring theme in aetherium and proof of stake.
12:36
Hold on Phil, so yes to give people more context and you
12:40
know, we're on. Could you explain for everybody
12:45
what this means the honest thing to say is like, Satoshi did is
12:49
that consensus is always probabilistic.
12:51
What does that mean? Well we you know when we talk
12:54
about Bitcoin mining it's this you know, this computation that
12:59
happens where we're trying to guess a number and, you know, a
13:04
very big number that's represented a hash that matches.
13:07
Now, you know, a specific difficulty and things like that.
13:10
That's probabilistic. You know, it could happen, you
13:13
know, instantly it could happen on a CPU technically but is it
13:18
probable that it will probably not, you probably need an Asic
13:20
minor to actually find the block.
13:22
So that's why contestants probabilistic.
13:24
So on the dashboard we have that chain rewrite these so that's
13:27
based on probability. Could it take less possibly?
13:31
Could it take more possibly but based on probability that's what
13:35
we estimate the time that it would take.
13:37
So, you know, like Satoshi mention you know, re orgs are a
13:40
part of Bitcoins consensus model, you know, the longest
13:43
chain wins. So as long as they has the most
13:46
proof-of-work, that's what wins and it's all probabilistic.
13:49
It's all based on guessing these numbers and getting there.
13:52
That's where the security really comes from.
13:55
And that's, that's why hash rate is fucking important.
13:58
And that's why you need one that has tried to go up forever.
14:01
I'm sorry. Phil and we just want to thank
14:03
lastik. Our technical correspondent Lee
14:05
run. Yeah.
14:07
Okay. So here we go.
14:08
BS number to the next. Next, the article Compares proof
14:12
of work with proof of stake Alternatives, but the table
14:15
curiously, lumps together, etherium proof of work and
14:19
Bitcoin proof of work. It then proceeds, To claim re
14:23
orgs are frequent in Nakamoto consensus.
14:27
And there you can see what's highlighted so little bit
14:31
disingenuous there and we're going to we're going to explain
14:33
here. Why Bitcoins orphans blocks have
14:35
always been rare and since 2017 extremely rare one, block every
14:40
few weeks. Thanks to the fiber Network.
14:43
On the other hand, a theorems orphan rate has historically
14:45
hovered around six percent or higher ultrasound money, I don't
14:51
think so. Could you explain what an orphan
14:55
block is. Yeah, so every once in a while
15:00
two blocks or found by two separate minors at the same
15:02
about the same time, they propagate through the network.
15:05
And so miners. Look at these blocks.
15:07
And they choose one of the two to build their chain on top of,
15:11
and then a new block gets found. So then that becomes the longest
15:15
block and that other one, that is the longest part of the
15:18
longest chain. And the other one that other
15:20
miners happened to not find new blocks on that, get sore.
15:22
And away. So they don't get any reward,
15:24
they don't get anything but those transactions like we still
15:27
made it into the blockchain because they were probably mined
15:30
by the other blocks that are. They're pretty much awesome.
15:34
Very nice. So check this out by lumping
15:37
together, Bitcoin proof of work and aetherium proof of work.
15:41
The author pins, the frequent re orgs problem on proof of work,
15:47
not because of etherium Zone. Incompetence how it
15:50
intentionally chose unsafe proof-of-work.
15:52
Parameters that sacrifice security for Speed, quite the
15:56
sleight-of-hand. The way the table is presented,
15:59
Here is known in psychology as a priming technique.
16:02
You know, we always tell you about, you got to pay attention
16:04
to the words, right? It's always done on purpose, it
16:08
Prime's the reader to be against proof of work from the outset.
16:11
This would have an effect on people who already have a bias
16:14
against proof of work or are neutral to emphasize this
16:18
frequent frequent re orgs problem.
16:20
It also references a Princeton / called the instability of
16:24
Bitcoin without the block reward.
16:26
All I gotta say, is it looks like the Legacy Media people and
16:29
the theory and people are working together.
16:32
Oh yeah. Now just just wait just wait.
16:35
It gets. Yeah, don't worry.
16:36
We're gonna it's that for me. I was reading through this whole
16:38
thing and I'm like okay this is just like it's a whole bunch of
16:41
garbage about a theory and that, you know, it's just for us for
16:46
us who aren't like that technically able to explain it
16:49
in this way. It's like thank God that he
16:51
actually put this into words. You know, so that so that the
16:54
more technical people can be like, yeah, wait a second.
16:56
This is a piece of garbage. This is what we have Lear on
16:58
here. Exactly.
17:00
Okay. So here, let's, let's keep going
17:01
alas. The Princeton paper made several
17:03
silliest assumptions that I and others already debunked side
17:08
note. I don't think that Princeton see
17:10
us Department, intentionally, attacked Bitcoin, to elevate
17:13
altcoins. It's simply another case of
17:15
experts in one domain under estimating interdisciplinary
17:18
subjects, like Bitcoin. In this case, it was Our
17:22
scientists making highly naive assumptions about the game
17:25
theoretic nature of Bitcoin and conflate long term versus
17:28
short-term security. Back to the article, it then
17:31
describes its supposed its proposed proof of stake system.
17:34
Gasper the keywords to notice here and crucial to understand
17:38
proof of steaks, weaknesses are block, weight, and pseudo,
17:42
randomly chosen, staking committees.
17:47
Remember what that thing. I think that is such a vitalic
17:50
word. You could have been just see him
17:52
taking Much pride in saying pseudo randomly chosen, you
17:56
know, that the randomly chosen, you know, that thing that you
17:59
told me about the government, it's like they break your legs
18:02
and they're like, oh, I could fix your problem for you, you
18:05
know, when there wasn't a fucking problem in the first
18:07
place. Anyways, BS number three, making
18:09
the outrageous claims that attackers do not have a way to
18:12
beat honest. Majority of thousands of a
18:15
testers, right? And then essentially, the
18:17
testers are the block validators, right?
18:20
Okay. Unlike proof of work to become a
18:22
test, Ders is cheap rendering the whole thousands of a testers
18:26
as toothless as the Amazon web service instance has a rich
18:32
holder, could split up and Shuffle.
18:34
His take into many pieces to get more votes.
18:37
These so-called weights can be manipulated without any
18:40
additional costs. Delegating the difficult task of
18:43
consensus finding to an all magical pseudo-random entity in
18:49
Gasper the staking committees are chosen by a random Oracle.
18:54
Pay attention to the bottom footnote in this section because
18:57
proof of steak does not perform any work.
18:59
It must generate. Let me read that again because
19:02
proof of steak does not perform any work.
19:06
It must generate its Randomness from somewhere else
19:10
centralization whereas proof-of-work mining injects
19:15
entropy and along with it fairness into the system.
19:19
The use of a random Oracle seems like a small problem but in
19:23
reality it is the Entire problem, if the source of
19:26
Randomness isn't truly random, it can be exploited if it is
19:31
random, but relies on a centralized Oracle, there's no
19:34
point in having this decentralization facade.
19:38
The system is simply centralized maybe that's going to be one of
19:42
our April Fool's episodes simply centralized.
19:46
Hmm. Anyways, we have to so many did
19:49
we have like a couple of years worth of Simply fails.
19:55
They're good but proof of stake designers are very predictably
19:59
have very predictably hand wave. This problem away all these
20:03
Concepts also sounds strangely familiar it's because I have
20:06
written about exactly the same thing.
20:09
Three years ago, on proof of stake systems like definity,
20:15
remember that named Affinity so much for Progress BS number
20:19
five. Next comes the most ridiculous.
20:21
Cleaning proof of stake can achieve distributed.
20:24
Census with just 50 percent of the network being honest, which
20:27
is comparable to proof of Works 51%, but with none of the costs
20:32
too good to be true. That's because it is this
20:35
directly contradicts. All prior research that says
20:37
proof of stake, cannot be secure unless there's two thirds plus
20:41
honest, majority if true vitalic and Company should get a turing
20:45
award. It does say that there are
20:46
subtle attacks that only requires 25 to 49 percent of a
20:51
testers being dishonest. It also claims that, Are known
20:54
fixes to these problems. So convenient, do tell us what
20:58
these known fixes. Are the only link I can find is
21:01
in a PR on aetherium dot-org. Let's check it out.
21:05
Oh no, this keep ER was closed with no Replacements in sight.
21:10
What's more? It was closed in March months
21:12
before this claim was ever made. What's going on?
21:15
So much for known fixes. Looks like we need to take back
21:18
that Turing award next paragraph.
21:20
The all-powerful finality concept strikes.
21:22
Again it's amazing what a crazy. E person can imagine in their
21:25
head by just keeping on making stuff up BS.
21:28
Number six, the illusion of progress.
21:31
All right, we're coming close to the wrap-up Point people.
21:33
This is good like a snake that eats its own tail.
21:36
Here's the hypothetical. Here's the typical picture of a
21:38
theory and progress, problem, X is solved by.
21:41
Why, but why has this small problem z z would work if
21:45
somehow it goes back to X being solved, it always goes back to
21:49
finality, it always goes back to the random Oracle the Is always
21:55
1, PR away from being perfected. Let's quickly.
21:58
Look at some other etherium activities Roll-Ups have been
22:02
trendy as of late, what are they roll?
22:05
Ups are solutions that perform transaction.
22:07
Executions outside the main etherium chain, but post
22:12
transaction data on layer. 1 Roll-Ups are bitcoins default
22:18
mode of operation, computations are never on chain only proofs.
22:23
So after all The years of Meandering of wanting to be the
22:26
world computer. Etherium comes full circle jerk.
22:29
I mean full circle back to Bitcoins tried-and-true
22:33
architecture with tons of complexity added in the process
22:38
and unicorns and circle jerking. Our Roll-Ups ethereals,
22:42
acceptance of defeat. If I have free time, I'll look
22:45
more into Roll-Ups in the fancy terms.
22:47
They throw around later a quick glance and optimistic, roll-up
22:51
already looks suspect reframing a Issue.
22:54
It's unsafe as an emotional issue.
22:57
It's optimistic. A note on the deceptive use of
23:00
language finality. Week, subjectivity in activity,
23:04
leak, optimistic roll-up. See the pattern.
23:07
These are all terms with strong, inherent bias designed to
23:11
reframe or downplay issues and this is true.
23:13
I come from the corporate background.
23:15
This is total vague corporate doublespeak.
23:19
That doesn't mean shit. This is what they tell you when
23:21
they want you to leave them alone.
23:24
Own pure marketing BS. These patterns of behavior
23:27
consistent throughout the years. Going back to of italics project
23:29
just before theorem the quantum computer vaporware, the dude is
23:33
27 years old and has been doing this for seven plus years.
23:36
You can no longer chalk this up to naivete or innocence.
23:40
Another one for good measure and laughs BS.
23:43
Number eight, a theory of tech lead frames looking up past
23:47
balances as stocking. So you look you can see all the
23:51
narratives that they're pulling together.
23:52
We're going to we're going to wrap this up and We're going to
23:54
move over to to another screen, which is going to be pretty
23:58
interesting. I consider a theory of the
23:59
mother of all scams in this space, so it will always deserve
24:02
its own special Walk of Shame. Yes, this is the kind of BS that
24:06
VCS like a 16z and that's Andreessen.
24:09
Horowitz, and Paradigm are promoting to millions of people
24:13
whether it's ignorance or willful malice, only, they will
24:16
know. Most other blockchain projects
24:18
are even worse than aetherium. Such is the state of crypto Bic,
24:22
Bitcoin fixes all of these. Bullshits.
24:25
I figured we'd go take a look at the Andreessen Horowitz or the a
24:28
16z portfolio. Right?
24:31
Let's go take a look at all this stuff.
24:34
All the while. In this case, it's all their
24:36
crypto projects. So you could see here compound,
24:40
right? How many rug pulls did?
24:42
Did we show you millions of dollars people lost money that
24:46
they're never going to get back on compound?
24:48
Okay. Remembered affinity.
24:51
So it looks like Andreessen Horowitz has been funding the
24:55
shit coins from the very beginning.
24:57
Okay definity was one of the projects that that that Hanoi
25:01
mentioned that he was that he debunked, three and a half years
25:06
ago. Okay, maker maker.
25:09
Dow right, decentralized, Oracle, nah, not the centralized
25:15
a company created, shit Coin Company, funded shit coin.
25:19
That's all it is. Okay, open bizarre.
25:21
That's just an mft shithole. You go there and you buy and
25:24
sell your your your hash is pretending that the jpegs are
25:28
tied to them. Okay, let's keep going poly
25:30
chain Capital. This is what's really
25:32
interesting Open Sea. We showed you who invested in
25:35
Open Sea, right? So you've got this massive
25:37
investment house. Think of all of the marketing,
25:40
right? Think of people like post Malone
25:41
getting paid to click on jpegs, right 750,000 dollars for six
25:47
seconds to steal your money. Okay.
25:51
So I want you to To think about that.
25:52
Open sea Ashton Kutcher, right? Mark the cubes man, the cubes
25:57
that the banana coin guy, right? He was he was, he was thrilled
26:00
that Bitcoin right Bitcoins garbage, but, but here's Doge,
26:03
and here's an F teas. And here's all this other crap.
26:05
These scummy Prix, but this is the best part about this whole
26:09
thing. What's interesting, right?
26:12
This token, this token has no name but what is that?
26:16
So then my gosh, look at that Solana and we just showed you.
26:21
You all of the marketing that went into Solana.
26:24
All the bags were packed in June.
26:26
And then all the bag holders got dumped on in July, right after
26:30
the nice big pump. So guys, this is all just a
26:34
giant marketing scam. I know that people want to
26:37
believe that that aetherium is something else.
26:39
It's not. It's just another shit coin.
26:43
It is the base platform that has enabled and validated all the
26:49
other shit coin scams. It is it is the head of shit
26:55
coins Camry. It truly is.
26:57
It's complete trash and we just keep showing you time and time
27:01
again. That nothing that you're seeing
27:03
is genuine, it's all funded. It's all funded research.
27:09
Somebody is paying so that there's a narrative that can be
27:12
crafted so that you will buy into that narrative.
27:17
That's all it is. That's all it is.
27:20
Absolutely mandate. You know, they've touched me on
27:23
the shoulder. We've shown you guys the emails
27:25
that they've sent me, but I have a new nickname for you.
27:28
Phil, it's filled the shit coin Slayer, okay?
27:32
I'm bestowing that to you because man Solana.
27:37
Wrecked your just you just keep bringing the receipts, bro.
27:40
They're going to have to take you out, but Alex going to have
27:42
to hire a hitman and take out fill because man's, holy crap.
27:47
And who was, who was the per the original?
27:50
Who wrote that thread? That was an excellent threat.
27:53
Oh yeah, that was an amazing thread.
27:55
We gonna give another shout-out to Hugo nuyen at Hugo Hanoi.
28:00
Super awesome, Loki. Bitcoin who's probably going to
28:03
be unhappy that we mentioned him.
28:05
And now he's gonna have a whole bunch of people starting to
28:08
follow him in like his tweets. Maybe he does like it, who knows
28:10
but either way I've been following this guy for a long
28:12
time and he just you know what that guy is pure signal.
28:17
Like he just did not mess around like he is not a shit poster
28:19
like me you know, he's not going to sit there and troll people
28:22
like he just goes. Does the research post the
28:24
research? You can go cry about it on your
28:27
own and like towards the end, you know, I started connecting
28:31
the dots. Between all the shit coins and
28:34
it's like, dude, it's all the same, it's all interconnected,
28:38
it's the same people behind this.
28:40
And remember, when we kind of did or you did your
28:43
investigative bit on aetherium in the etherium foundation.
28:47
You know, one of the one of the founders are sorry, one of the,
28:51
the chair people don't know what they call themselves, but one of
28:53
the CEOs of a theory of my guests, other than vitalik was
28:56
on, you know, the world economic Forum.
28:58
So it's like, you know, they're using all the tools in the the
29:02
trade, you know, all the bells and whistles, all the
29:05
connections in the media, to try to sell you exactly what you
29:08
said, Phil to try to sell you a narrative to try to sell you the
29:12
next World computer. But as that guy pointed out, if
29:15
you look behind the curtain, there's fucking nothing there,
29:20
right? It's just all fucking dogshit
29:22
and, you know, it really makes sense.
29:24
How long have they been pouting out aetherium to write?
29:28
And I kind of want to touch on this vitally here is a little
29:31
bit right years. I want to touch upon this italic
29:33
a little bit. I think in the beginning he
29:35
started with good intentions. He raised a fuck ton of fucking
29:40
money. Okay.
29:41
And then it just got corrupted over time and I think he's way
29:46
over his fucking head but he can't admit defeat dude you know
29:51
but it look and we show you guys a video as vitalik in the
29:54
beginning was like you know we don't we don't want something
29:57
like a theory. I mean like Bitcoin that has to
29:59
high fees, right? And then aetherium ends up with
30:01
higher. Our fees and Bitcoin, right?
30:03
So it's like and then he stays silent, you know, it's very,
30:07
it's very telling, if you pay attention to it, clear on what
30:10
are your thoughts? I think you're giving vitalik
30:13
too much credit for not. Starting this is a scam
30:15
personally. I just say, I think he knew
30:17
exactly what he was doing 20 years old, no one knows what the
30:20
fuck they're doing. I don't, I don't I don't know
30:23
that it was only him and I was actually just going to get into
30:25
this because we were talking about the Venture Capital
30:27
people. And I think that I hope that
30:30
they are found liable. For a lot of the stuff, they
30:33
know exactly what they're, they're the ones that are in his
30:35
ear and are saying, this is what we can do, this is what we can
30:38
raise is how we can, you know, push this narrative.
30:41
And it's at the end of the day, they're pushing technology, it
30:44
to people that, you know, don't understand that its technology
30:47
as marketing and it's like, hey, look at what this can do.
30:49
It's like, well, there's technology that can do that
30:51
without a token without this without that.
30:53
You're just adding this as marketing.
30:55
And I hear it all the time here from Venture Capital people all
30:58
the time. Oh, you can.
31:00
You do this? Your blockchain?
31:02
You have money for that, people are putting money into that,
31:04
and, you know, it's, there's no not going to be a real return on
31:06
this, you know, in the future. So I wonder if these Venture
31:09
Capital, you know, funds are going to be held liable for
31:13
selling, you know, snake oil, effectively to their investors
31:16
and to the jump button. So it's it's a shame, it's a
31:20
good and and I have a, you know, have just a thought, right?
31:24
First of all, decentralized Oracle is Jeff Bezos, don't
31:28
think about it too long. That's him.
31:31
I took The Mask. It's fucking Jeff.
31:33
Okay. Another thing, how much money of
31:38
this marketing? Do you think has been dedicated
31:40
to attacking Bitcoin total speculation?
31:43
But I suspect there month. There must be a good amount.
31:47
Right? Because you know Bitcoin,
31:49
unfortunately for the totalitarian is for the shit
31:52
corners for the Fiat Economist it shines.
31:55
A light of Truth on all their BS and they don't like that Phil.
31:59
No, no. I because I just signed up.
32:02
Up to get a premium subscription to this deal room site that
32:05
shows like all the people in the background of all these
32:07
different companies. I'm sorry, because I'm totally
32:09
sucked into this. It's true.
32:10
The look, the shit coining. I'm sorry.
32:12
Okay. Like I just I it just completely
32:16
drives me crazy. I just want to go back to what
32:18
you said though? I am kind of on with leer on
32:20
like look, I know that he was super young.
32:22
I do think the VCS had, you know, they were in his ear, but
32:26
but at the same time, you can choose not to be evil Google
32:31
Google Used to chose not to be evil at some point and then they
32:36
took the sign down to let everyone know that.
32:38
That's it was off the table, it's evil forever now and they
32:42
haven't they haven't swayed from that path.
32:44
So to me, like I think, I think vitalic, like, I mean, look, it
32:48
makes no difference what his intentions were at the end of
32:50
the day. The actions are everything, and
32:53
he made the biggest Affinity scam that exists, and it's
32:58
screwing a whole bunch of people and none of this.
33:02
Because you said needs to be, it doesn't need to be money.
33:04
It's all just marketing. I know I know what a lot of
33:07
people are thinking, right? Because at the end of the day,
33:10
listen we all know the technology behind a theorem is
33:13
crap, right? We all know that.
33:15
I think we can all agree to that.
33:16
We've we've shown the receipts but there's going to be a lot of
33:19
people watching the show. I mean, we have mostly hardcore
33:22
bitcoiners watching the show, but there's going to be, you
33:25
know, that one knee or that saying, hey, if you look at a
33:27
theory, a price, right? It has outperformed to bitcoin.
33:32
Would you what would your response be to that Phil you
33:35
know what's my response would be to?
33:36
That would be to zoom out would be to zoom out number one and
33:40
number two understand what it is that you're actually buying,
33:45
okay. One of them is freedom money and
33:48
one of them is complete bullshit, the theorem is
33:51
complete bullshit and we proved time and time again that Bitcoin
33:55
is freedom money. So you know.
33:57
It's but look you and I both know, Nico wrecked is the only
34:01
teacher Sure, we can say all the right things, it doesn't matter,
34:04
man. I've spoken to my best friends
34:06
and look, everybody just sits there and they think of the Fiat
34:09
gains and and I kid you not like, you know, at the end of
34:11
the day, you know, as well as I do.
34:13
A noob is going to sit there and go.
34:14
Well, you're making money Bitcoins going up.
34:18
You're not understanding why we're here.
34:20
We're not dumping our frickin bags.
34:22
We're not here to dump our bags. We're here to explain that there
34:25
is a paradigm shift and we can all have better money.
34:29
Yeah, like this is what nobody understands.
34:32
We're here to explain to that it when you buy Bitcoin you won't
34:36
have to sell your Bitcoin at one point that's the whole point,
34:39
right? You're opting out of the system.
34:42
Why are you going to sell back to slavery, money?
34:44
I think I think it's a really good point.
34:46
We were on you want to hit that question.
34:48
Right? The question was do you
34:49
remember? Yeah so I mean I would I tell
34:52
them is even the CEO of aetherium has no idea what a
34:56
theorem is going to be in five years or if the theory is even
35:00
going to be in five years. But we know what Bitcoin is
35:03
going to be in five years. It's going to be censorship,
35:05
resistant transactional, value is going to be only 21 million
35:09
ever made. You know, this is just set in
35:12
stone. It's the way the bitcoiners
35:14
work, there's safety in the protocol.
35:16
It's a slow developing protocol because we want to make sure
35:19
that all of, you know, the rules are followed that everyone
35:23
benefits from them that everyone kind of agrees on the direction
35:25
that it's going. So yeah I think it's it's night
35:30
and day I you know, when I My money in Bitcoin.
35:33
I know what it's doing. I know what it's there for.
35:35
I sleep. Easy with the theory.
35:37
Mm, I feel like you're just back in the stock market where I got
35:40
to read the news every day to see what's going on when I need
35:42
to maybe pull my money out depending on what, no, there's
35:45
none of that with Bitcoin. Just forget it and it's here to
35:49
stay beautifully. Beautifully said there you have
35:52
it. You heard it here first because
35:54
I know a lot of you is like button ethereum the price.
35:57
It's not about the price. It's about the freedom but
35:59
anyways, Phil it's time for the Daily Mirror.
36:02
Views. The daily member view is brought
36:04
to you by sitting out 21. It's the best Bitcoin cultural
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Zine. It's different stories, every
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volume by plebs for plebs, different artwork also and
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they're scarce. There's only 1000 made per
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volume, get your copy of Citadel 21 today.
36:19
The first meme is brought To Us by our in-house meme Lord.
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Why the kiss objects in the mirror appear closer than they
36:26
are the FED reserve and it's Bitcoin.
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Hyper Bitcoin is a Shinola, he's wearing a simply Bitcoin.
36:31
I I like the, I like to touch Lee wine a kiss, okay.
36:34
Next one is brought To Us by revenge of Liotta vintage
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addition Bitcoin, the Jack Dorsey Twitter.
36:41
This is those super famous, you know, template of the guy
36:45
looking and him with his girlfriend, his girlfriend, like
36:47
looking at them you know, and we'll talk about that a little
36:51
bit in the news and then the next one, here's the actual
36:53
template right by BTC sessions Bitcoin, Jack, Twitter and I
36:59
love, you know, this with Charlie Chaplin.
37:01
And absolutely if that is Charlie Chaplin anyways,
37:04
absolutely hilarious memes and for that, I'm going to give it
37:07
my furry screen. Cleaner it, cranes my laptop
37:11
screen. What about you feel?
37:14
Big fan of the furry screen cleaner.
37:17
I am going to give it something. You know what, it's very special
37:21
to me. Found this very entertaining and
37:23
it always brought a smile to my face.
37:25
Every time I put it up it's the poof my work here is done.
37:31
Are you going to leave that when you when you leave your Duff
37:33
just like to leave that? Don't say fight.
37:35
Anyone, just leave that right there on your desk and just just
37:39
disappear. Irish goodbye.
37:41
Don't say bye to anyone. Just leave the little thing
37:43
there with Arrows pointing at it.
37:45
Okay, anyway, I'm already. So I'm already starting to get
37:47
ignored. Don't worry.
37:49
Leave Ron? What would you give those memes?
37:52
I'm gonna give those means a solid Ron.
37:55
English are partially, bro. Dude, were all Marvin.
38:01
The Martian is so underrated people.
38:04
Do not even realize and that's like that's a great show.
38:07
That's a fucking great show, dude, I totally agree.
38:11
Absolutely, amazing scores leader on blue.
38:14
Us out of the water. Anyways.
38:15
Oh, by the way, I got a comment from a pleb and he was making
38:19
fun of me. Let me read it.
38:20
Wait, making fun of you. Yeah, he was making fun of me.
38:23
He said it was her Herman. Her head moneth.
38:28
It bends are sorry, bro. Okay, but I'm going to pop up,
38:31
you know, you know who it is. This is Nico by man, stumbled on
38:34
this channel, 3 months ago. Now I'm addicted.
38:36
Just a funny, take at the end of every meme review, you asked for
38:40
people's comments below and you point at your crotch era are
38:44
Yeah, this is true. Well, is that intended if not,
38:47
you could actually paint outward towards the camera and point
38:51
downward it would actually point to the comment section that,
38:54
okay? Fine comment down below, not
38:59
here because cotton crotch area near my crotch.
39:03
Thank you. Thank you me when I say that.
39:05
I mean the comments section. Okay, that's what I mean.
39:08
I apologize him enough. Okay, but anyways, Phil, it's
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time for the Daily News. The Daily News is brought to you
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39:34
Cloaks.com. All right everybody I'm sure
39:36
you've already heard but we're going to give you a slightly
39:38
different angle, right? Jack Dorsey, which is the CEO of
39:42
Twitter, right? He announced his Designation and
39:45
he kind of tweeted about it. So yeah, Jack Dorsey is, you
39:49
know, found it Twitter. He's been at Twitter for a very
39:51
long time. He wants to leave and he's
39:53
giving it away or he's leaving the position to his CTO.
39:58
The guy's name is parag, right? But anyways, here is a CNN BBC
40:03
article pointing it out and this is the new CEO of Twitter Prague
40:08
GE Rolla. I'm sorry if I pronounced that
40:10
incorrectly, I don't mean to you guys know the drill.
40:13
Nico can't Read. But anyways, we got a lot of
40:16
mixed emotions about this on Twitter and we'll talk about it,
40:20
but I kind of want to read people's opinion.
40:22
Here's first is Nick Carter Jack's departure will make it
40:26
clear that he was the last bulwark against much more
40:29
aggressive censorship at Twitter, Jack deserves the
40:32
break, but I don't believe it will be positive for the
40:35
platform. And here is Glenn Greenwald, he
40:38
is the reporter that reported the original Edward Snowden
40:43
leaks. But anyways, He worked at The
40:45
Intercept. Now, he's become an independent
40:46
reporter, hard to not to see this as bad news, I don't think
40:50
it's been fully appreciated that on the key SV issues, including
40:53
decentralization, transparency and Free Speech Jack has been a
40:56
far far better than most and way more responsive to his critics.
41:01
We'll see what happens. But it seems not great.
41:03
I agree. And why is Jack leaving?
41:06
Of course. There's a lot of speculation,
41:08
but he kind of hinted at it. When he spoke at the Bitcoin
41:11
conference. Let's see what he has to say.
41:13
Like, if I were not at square or Twitter, I'd be working on
41:16
bitcoin so you heard him, right? He kind of hinted where he
41:20
wanted to go, he kind of hinted that he his heart was with
41:24
Bitcoin. Now I know a lot of people are
41:27
thinking, right? How could it get worse than
41:29
Jack, right? Twitter and all social media
41:32
platforms to be frank, including YouTube have gone.
41:35
Down this this slippery slope of censorship, right, where you
41:39
don't? There's no end in sight.
41:41
Once you start heading down that road, Apparently, the new guy,
41:46
he had a history of, I don't want to get too political, but
41:51
let's say he just wanted to, he has strong political beliefs,
41:55
I'll say that, but maybe racist beliefs.
42:00
Perhaps right. But again, they don't see
42:04
themselves as racist because it's only racist in a certain
42:06
way and just because it's racist in a certain way they don't see
42:09
themselves as racist so there's like a moral superiority to
42:12
that. Let's see if Bitcoin.
42:14
It's ours, Bitcoin Bitcoin doesn't sensor but let's see if
42:17
Twitter you know does become more totalitarian.
42:21
It does sensor more. Let's see.
42:23
But I do agree with Nick, Carter's take, I think that Jack
42:28
lost control. Love Twitter, a long, long time
42:32
ago, I think, you know, and the, you know, the the recent hat.
42:36
The thing that happened in January where, you know,
42:39
President Trump got censored, he got booted off the platform
42:42
while he was still president. I don't think that was
42:46
necessarily Jack. I think that was people, that
42:49
had a lot of influence that were topping on the right shoulders
42:52
and making things happen. So, I think Jack understood that
42:57
and I think that's why he stood up.
42:58
He said he stepped aside and he's focusing his, you know, his
43:02
work his time into Bitcoin, because he knows that Bitcoin
43:06
can't be censored, you know, it anything goes right.
43:10
You know, you can't censor any type of transaction.
43:12
You can't censor speech if you put it in the Bitcoin
43:15
blockchain, right. So again, you know, I'm a little
43:18
speculating here but again, you start to pay attention to the
43:21
signs and you cover this for a long time.
43:23
You start to pick up on some and anyways, Phil Yeah.
43:28
That was, that was some interesting news.
43:30
You know, I also, I think it's probably a long, the same The
43:35
Same Spirit as your take, right? So I think people, you know,
43:40
people take notice right when somebody says, hey, I'm you
43:43
know, I'm opting out of this and I'm going to start to try to
43:46
live a Bitcoin, only life or I'm going to try to change this more
43:50
and more people are doing this and Jack.
43:52
Let's be honest could have easily afforded to walk away
43:56
from the shit show. That is Twitter years ago you he
44:01
really didn't have to sit there for 16 years, he was, you know
44:03
what I mean? Like, he looked the CEO of
44:05
Twitter and square. Are you kidding me?
44:09
Like, you know what? I think that maybe I'd like to
44:12
believe that he's having this realization that he's like, you
44:15
know what, I could go and work on the technology that is going
44:19
to enable freedom for Humanity or I can continue to be a part
44:23
of the censorship machine that essentially You know, Prides
44:29
itself on poverty creation, and, and censorship, and, and
44:33
essentially monetary slavery. So, you know, we all have a
44:37
choice, right? And don't get me wrong in no
44:40
way. Am I judging, you know, any of
44:41
us that are grinding for Fiat? I grind for Fiat, almost
44:45
everybody does. We don't have a choice, right?
44:47
This is, this is part of it, right?
44:49
Like you don't. If you choose not to well then
44:51
you choose the, maybe not have a home, choose to not be able to
44:54
feed yourself. Choose to kill yourself, right?
44:57
Because you can't take care of Love yourself.
44:58
So unfortunately we have to choose the lesser of two evils,
45:02
but once a person, once a person can get that ball rolling in the
45:06
momentum going, they can completely opt out of this shit
45:08
show. It's not, it is not you know,
45:12
it's not something that is not feasible.
45:15
The question is, how badly number one?
45:18
How much do you care about your time?
45:19
And number two, how much do you desire?
45:22
The ownership, the absolute ownership of that time and its
45:26
value. Very well put Lee run.
45:31
Yeah, I definitely think that people don't give Jack enough
45:35
credit. You know, I'm sure that he has a
45:38
lot of battles of Twitter. I mean, I know that years ago,
45:41
Elliott management came on board, and they bought up a ton
45:44
of shares and they try to oust him, you know, I think that he,
45:48
he has the right idea and it might not be exactly what you
45:51
and I agree with, but I think he has his right is heart in the
45:54
right place and he's had it in the right place.
45:56
I think he knows that he can't do what he would like to do with
45:59
Twitter anymore. It's, you know.
46:01
It's a public company, it's run by, it's not run by him and they
46:04
need to do all these things integrate.
46:07
These different things and it advertisements that are bad for
46:10
you and you know, promote the you know the wrong kind of feeds
46:13
in the wrong kind of interactions and things like
46:15
that that's what makes the money.
46:17
You know. He had that blue sky initiative
46:19
I'm assuming it's probably gonna die when he leaves because it
46:24
was pushing towards a decentralization, which I never
46:26
really understood how, you know, Twitter shareholders were going
46:29
to agree to that, so to speak. It's like democratizing his
46:32
business. It's the right thing to do but
46:35
it's hard sell on a public company that's there, just to
46:39
make profit. So you know I don't think he can
46:42
compete with himself so he's not going to be able to build that
46:44
but maybe I'm just focusing on what he's going to be doing a
46:47
square and focusing on bitcoin stuff.
46:50
Will, you know, will help pay for good?
46:53
Good future. I like the guy I think he's done
46:55
a really good job and I think my, I wouldn't think I would
46:59
agree with that. Where would we all be without
47:01
How Bitcoin Twitter? Right Phil and I was never met
47:04
with simply Bitcoin would not be a thing, right?
47:07
So, and you know, I agree with you Lee Road.
47:09
I think the dude gets a lot of hate for things that necessarily
47:13
he hasn't done. That's not an excuse.
47:14
I'm not trying to excuse anything but I think that
47:16
there's a lot more behind the scenes that I think a lot of
47:19
people don't understand but also the other big headline and we'll
47:23
close it up for today. Michael sailor microstrategy
47:26
again, this guy stacking fucking corn fields as purchase.
47:31
Additional 7002 Bitcoins for four hundred and fourteen
47:35
million dollars US nothing in cash and an average price of
47:40
fifty, nine thousand per Bitcoin as of 11:29.
47:43
We hottel 121,000 Bitcoins just to kind of give you guys a
47:48
reference point. El Salvador, only owns one
47:51
thousand. So this is just the company and
47:54
they own a hundred and Twenty-One times more Bitcoin
47:58
than the country of El Salvador. That's a fuck.
48:01
On a Bitcoin in total three point, five seven billion at an
48:05
average price of 29,000. Now, how many Bitcoins is this?
48:08
Right here is his awesome tweet by pubie to kind of give you a
48:12
concept microstrategy and he got explains what I just explained.
48:16
But compare this, to the number of Bitcoins to be mined
48:19
annually, each having, right? And this is how much Bitcoin is
48:22
mined every half hour, the the next couple having sex, this
48:26
having this the one that we're currently in until 2024 is
48:31
28,000 Bitcoin, the next having after that is 164,000 Bitcoin.
48:37
So that means that in those four years of the next having,
48:43
Michael sailor would have bought in most of the Bitcoin to be
48:46
mind. So the other Bitcoin you would
48:49
have had to buy it in the open market.
48:52
And what happens when you buy something in the open market and
48:54
there's just not enough to go around price goes up, right?
48:58
So and you know that in just kind of connect.
49:01
This with Bitcoins, you know historical performance right?
49:04
Kind of explains why it was the best performing asset of the
49:08
last 10 years. Kind of explains why it was the
49:10
fastest asset to reach 2 trillion dollars without a
49:14
sitting CEO without any employees, right?
49:18
So I mean absolutely wild how much corn, this guy is stacking
49:24
but the thing that I want you guys to focus on is even if
49:28
there was a funded company. Mike like microstrategy had the
49:33
capital to buy that much Bitcoin, if they're physically
49:37
isn't enough Bitcoin to go around without dramatically
49:42
dramatically pumping up that price.
49:44
I don't know about you feel, but I'm not selling this shit
49:47
because it's a lot more. I want to bring down the Central
49:50
Banking, fucking slavery system, right?
49:53
And I know a lot of us have this attitude, right?
49:56
So is it what are you gonna do? You're going to sell Bitcoin and
49:58
back to the slavery system, back to someone else holding.
50:01
Your money back to someone else, holding your wealth.
50:03
I don't think so. Right.
50:04
And I think that the whole world is going to go through this
50:08
Supply shock all in one go and now Adam to the mix.
50:12
The crazy, crazy inflation things happening.
50:14
You know, man, we're in for a hell of a ride.
50:18
That's all I got to say Phil. Just want to point out that
50:21
Michael sailor. Puts out these tweets about him,
50:24
you know, stock in these cornfields but yet we can't seem
50:29
to get him to answer. Gerard EMS and we can't seem to
50:33
get him to respond on the threads where he's tagged.
50:36
Do it's because we're bro, we're just too stupid plebs to simple.
50:41
Plebs broke a but he's spoken to many simple plebs.
50:44
I mean, I get tons of like we're no more.
50:47
Simpleton. The other simple things, you
50:48
should know. Okay, not we're not smart
50:50
enough, bro. Okay, we don't take it seriously
50:52
enough, dude. That's why We have to be
50:55
serious, we have to write articles, we have written
50:58
articles. We have to write more articles,
51:01
bro. We have written more articles.
51:03
We have to write even more articles.
51:04
You even don't even gotta have people podcast and half about.
51:07
We have this, we have to start going on with circle-jerk
51:10
podcasters, you know, that's why, bro, we're not on the we're
51:14
not in the circle jerk radar yet.
51:17
I think we need the khakis. I think that's what we need.
51:19
We need the khakis. We need to come across more
51:21
seriously more concern, Achilles, okay.
51:24
We want to be concerned a kiss and we want to be serious, the
51:27
okay. We've had this conversation so
51:28
many time, you know, if we're blessed enough to keep on
51:31
growing at the rate, we're growing eventually he's not
51:34
going to be able to ignore us, but dude, I'm not going to
51:37
fucking like, I like are like or fucking show.
51:39
I don't like, man, there's so much.
51:41
There's so much to means there's so much serious content out
51:45
there. We just want to take a lighter.
51:47
Touch, you know, and if he doesn't like it, he doesn't like
51:50
it, bro. That's his for.
51:50
You know, what? I'm gonna say, you know what, he
51:53
may like Bitcoin, but he doesn't like having fun and that's why
51:57
he hasn't come on our Show when he decides he likes having fun,
52:00
he can come join us. That's true.
52:01
But until then it's just an angry corn Stocker.
52:05
Mmm. So you're on, do you agree with
52:08
him? I do sailor.
52:11
I think that I know you like to have fun.
52:13
I am deep down inside, I know you like that fun.
52:16
So I think you should just, you know, Think about it.
52:18
Just think about how fun this will be good in the unlikely
52:22
event sailor sees this. Now, he knows how we feel about
52:25
it. But anyways guys, it's okay.
52:27
I'll take all the flag, I don't care.
52:29
Well, it's okay. He's the one stack and Fields,
52:31
it's good to be transparent, like Bitcoins openledger.
52:34
We are transparent on, simply Bitcoin.
52:36
But anyways, Phil, there was an open source offer released
52:39
today. Why don't you tell everybody
52:40
about it software releases? The software releases are
52:45
brought to you by Cipher safe. Check them out.
52:47
Cipher safe dot IO. It's the best way to protect
52:50
your Bitcoin from disaster. They've got the Cipher wheel,
52:53
okay? It's a steel wheel that you
52:55
could store your Bitcoin seed in its fire proof, waterproof and
52:58
pet proof. Check them out.
53:00
The link is down below. We've got Sphinx relay version
53:04
2.0 2.0. That was released Jordan.
53:08
There you go. I dropped one of the one of the
53:12
three comments that I make. So there you go, anyways.
53:17
It's real. A version 2.2 dot 2 was released
53:20
its down below. Check it out.
53:21
Wait, what three comments? Because we end up saying
53:25
software releases three times. I say software releases, then I
53:30
go. The software releases is brought
53:33
to you by and then I say the software release for today.
53:39
Saying it three times. You'd see the plebs are just so
53:42
awesome because they tell us man, they're like Nico YouPorn
53:46
at your crotch Phil you're saying this three times if it
53:49
wasn't for you guys to show would be a fucking disaster but
53:51
anyways guys I want to give us a 33 percent Improvement right
53:56
there on the right we chopped out a word that no one needed to
53:59
hear. That was.
54:00
So now I have to hear our explanation about it.
54:02
That was matched. See ya.
54:04
You saw Phil do math live? Absolutely awesome.
54:07
I want to give a very Very special, shout-out to Art, the
54:10
simply Bitcoin technical correspondent.
54:13
This guy's a fucking genius helping us do our dashboard.
54:17
Go follow him at its Lear on guys that was our show if you
54:20
enjoyed the show Smith and of course if you want to continue
54:24
hearing the catastrophic fails from the shit go ahead spills
54:28
bring on the Heat and the Bitcoin use from the
54:30
perspective. Definitely consider subscribing
54:32
and we'll see you tomorrow guys for a brand-new episode of
54:34
Simply big Nico. Can't read Phil.
54:37
Can't Dance, Bitcoin fixes this.