Latest / Simply Bitcoin / Max Keiser: Jeff Bezos PUMPS Bitcoin!? | EP 936
Transcript
- 0:03It's. All going to zero against
- 0:06Bitcoin. It's.
- 0:07Going on forever you're. Against Bitcoin you're against
- 0:18freedom. Yeah, Welcome to Simply Bitcoin
- 0:24Live. We are your number one source
- 0:26for the peaceful Bitcoin revolution.
- 0:27Code breaking news culture, Matic Warfare.
- 0:29We will be your guide through the separation of money and
- 0:32state. Ladies and gentlemen, welcome to
- 0:33the most watched Daily Bitcoin Live show on YouTube, Rumble and
- 0:38X welcome to Simply Bitcoin. We're almost at all time highs.
- 0:42We're clutching $63,440, almost 64 K We're going to have to pull
- 0:48out Satoshi the Bitcoin chicken for the simply Bitcoin.
- 0:52Oh geez, we would cluck Satoshi the Bitcoin chicken every time
- 0:57we broke all time highs. And it looks like we're we're
- 1:00awfully close. But there's a there's a lot of
- 1:03speculation as to why this is happening.
- 1:05Well, it's very simple. Wall Street is waking up to
- 1:09absolute scarcity and there's not enough Bitcoin to go around.
- 1:14There is a post that I saw from Bitcoin Magazine.
- 1:17They bought 10,000 Bitcoin the other day.
- 1:20There's only 900 Bitcoin mined a day, so they're buying more than
- 1:24the available supply. And not to mention, ladies and
- 1:26gentlemen, this is when the fireworks start.
- 1:29The halving is right around the corner.
- 1:31The halving is going to start in April, right?
- 1:34So things are going to get wild. Max Keiser was essentially
- 1:38speculating that Jeff Bezos. I mean, this isn't speculation,
- 1:42this is a known fact. But Jeff Bezos liquidated $8.5
- 1:46billion of Amazon stock and someone tagged Max Kaiser is,
- 1:52you know, he's mingling with Michael Saylor.
- 1:55Did Jeff Bezos get orange pilled?
- 1:57And then Max Kaiser? Of course, said source, Yes.
- 2:01So it could be true. And remember, ladies and
- 2:03gentlemen, only takes a handful of billionaires to follow micro
- 2:08Michael Saylor's strategy and this thing goes to the moon.
- 2:12There's not enough to go around. And you have to understand
- 2:14that's unique to Bitcoin. Nothing else in the world is
- 2:17like that. Why?
- 2:18Because when the price of gold goes up, if it goes parabolic,
- 2:22the amount of gold that's being mined out of the ground goes up
- 2:25with it, right? You know, higher the price.
- 2:28You know, more people invest into gold mining regardless of
- 2:31the Bitcoin price. Even if it goes higher, the the
- 2:34amount of Bitcoin that's been that's able to be mined a day
- 2:38stays the same. Not only does it stay the same,
- 2:40it gets cut in half every four years.
- 2:42And that, ladies and gentlemen, is absolute, absolute scarcity.
- 2:45And that's exactly why we are pumping both how we're pumping
- 2:49right now. And another thing to keep in
- 2:51mind is we are entering into uncharted territory.
- 2:54Never has Bitcoin broken all time high before.
- 2:58The halving has never happened before.
- 3:00Usually Bitcoin breaks an all time high after the halving.
- 3:04We're in uncharted territory and I suspect it has to do with the
- 3:07ETF. But not only the ETF.
- 3:09I think a lot of people, myself included, still have a little
- 3:13bit of PTSD. We are still a little bit let
- 3:15down from the previous cycle. A lot of people were expecting
- 3:18100K Bitcoin previous cycle. My, I, I, I wouldn't say guess,
- 3:23but my the reason that I believe we didn't was because of the
- 3:27China ban, right. You literally see the the China
- 3:30ban happened the hash rate drops 50% and the price goes down with
- 3:34it as miners have to sell Bitcoin in order in order to
- 3:37relocate to more favorable jurisdictions.
- 3:40In other news also we have Elizabeth Warren that continues
- 3:44to lose her mind. So it looks like, you know that
- 3:47epic troll of getting her to sign to to, you know, to raise
- 3:51the flag in honor of Satoshi Nakamoto was a troll.
- 3:55But she's continues to go on the legacy corporate media, which we
- 3:59now know is really just controlled opposition,
- 4:01controlled propaganda you could say.
- 4:04And she's just going on there and she continues to badger
- 4:07this. But it gets to a point where we
- 4:10have to get active, we have to take agency as individuals and
- 4:13we have to ask ourselves like, look, OK, she's up for re
- 4:18election this year. So if you are in Massachusetts
- 4:22and you're a bitcoiner, Elizabeth Warren is not acting
- 4:26in your own interest. In fact, if you are in
- 4:28Massachusetts, Elizabeth Warren wants you to wants to force you
- 4:33to use the money that steals from you.
- 4:35Elizabeth Warren wants to force you to use the money that is
- 4:39designed to decrease in purchasing power.
- 4:42That doesn't sound like someone who's working in my best
- 4:44interest. So if you're in Massachusetts, I
- 4:47would vote for the other guy regard or the other woman,
- 4:49regardless of the political party.
- 4:51Right, 'cause this is going to heat up.
- 4:52And I think you know, and I'm calling it right now and I I
- 4:55tweeted this out and I think it was like kind of controversial
- 4:58when I tweeted it out. But I basically said like look
- 5:00like by 2028 I think running on an anti Bitcoin stance as a
- 5:06politician is going to be completely unviable just because
- 5:10of the of the percentage of the population that are that is
- 5:12holding Bitcoin. Just throwing that out there and
- 5:15one last thing that I wanted to say is of course the vindication
- 5:18of nine Bouquet and Michael Saylor.
- 5:21I never forget the Pacific Bitcoin 2022 festival.
- 5:25Michael Saylor was sitting in the front row.
- 5:27The price of Bitcoin was at 16 K the average price per Bitcoin
- 5:31that MicroStrategy bought was 29,000.
- 5:33And I remember seeing his face and this man was down billions
- 5:36of dollars paying the price of tuition like we all do.
- 5:39We all have to pay our dues. And he's been vindicated.
- 5:43Michael Saylor was right and El Salvador was right.
- 5:46And all the naysayers, all the journalists, all the attacks
- 5:49from the legacy media, this is their vindication.
- 5:52And we still have 18 months of this party to to to keep going,
- 5:57which is absolutely awesome. Bitcoin has already broken all
- 6:00time highs and multiple currencies all around the world
- 6:03and the US dollar seems like it's in Bitcoin's crosshairs.
- 6:06It seems like we are going to hit that number very, very, very
- 6:10soon. All right everybody.
- 6:12I do want to bring up my Co host who's again wearing his Dolce
- 6:16and Gabbana suit. Optimus, How you doing, Opti?
- 6:22Man, how are we not doing great, you know, Nico woke me up this
- 6:26morning and I was trolling last night that maybe we won't even
- 6:29hit 58 K We blasted right through and someone said hit the
- 6:32horn for the barons in the chat. Yeah, man, you've.
- 6:38Earned this. You've earned this, guys.
- 6:40Do not let them tell you. You are lucky you earned this.
- 6:43Yeah, you earned 100%. Did you did you mention 58 Ki
- 6:46think you mentioned 58? Ki did.
- 6:48So guys, we had our friend on call for the specific day.
- 6:53It was short lived and very anti climactic, but we have Dennis,
- 6:59the creator of the 58K meme. You know we only touched it for
- 7:03what you said 5.8 minutes. But hey, we brought you on
- 7:06anyways bro. So, so we'll we'll round today,
- 7:09show up with a little with a little humor, a little culture.
- 7:1258K mean you you weren't wrong. You couldn't hold the wall.
- 7:16What happened? First of all, thanks for having
- 7:20me on guys. Very upset that we couldn't hold
- 7:27the line. Wall Street just had too much
- 7:30money. I'm really sorry guys, we
- 7:31couldn't do it but. Failure.
- 7:34But 58K? For a few months maybe.
- 7:38Is it is it 580 K or have we upgraded yet?
- 7:42I gotta talk to the team about that, but.
- 7:44The team You, you and Sally and Winekas.
- 7:48Chill top roller in the comments saying chill off the stay humble
- 7:52Max Trotter saying Dennis, 58K gang gang.
- 7:55Oh man, oh man. All right ladies and gentlemen,
- 7:57I'm already super hyped. We're almost at 400 live
- 8:00viewers. I think more than 400 live
- 8:02viewers across all platforms show is just getting started.
- 8:06But before we jump into the numbers to talk about all the
- 8:08news today, I do want to give a shout out to our flagship
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- 9:21to the numbers. The Bitcoin numbers.
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- 10:22All right, ladies and gentlemen, at the time of recording, Wait,
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- 10:41Simply 15% off at the time of recording that price has to be
- 10:45wrong. There is no way.
- 10:46What's going on with Clark Moody?
- 10:48Did we just dip? Did we just run up to 3064 and
- 10:52then drop back down again? What's going on?
- 10:54This is crazy. Anyways, the current.
- 10:56Price. Yeah, we did.
- 10:58We. Definitely did.
- 10:58This is nuts. Oh my God did.
- 11:00Now it's the 60. This is what is going on.
- 11:03Holy cow. Wait, wait, wait, Are we going
- 11:05back to 58? K Oh my God, what is going on?
- 11:09This price action is nuts. At the time of recording right
- 11:12now it's 60,990 SAT's per dollar. 1644 block height
- 11:18832,429 blocks to having 7005 171 It's around the corner
- 11:25having estimate April 19th 2024 Total lightning network capacity
- 11:304529 Bitcoin capacity value 270 million U.S. dollars continues
- 11:37to fluctuate. Ladies and gentlemen this is
- 11:39absolutely crazy. Realized monetary inflation
- 11:411.74% the market capitalization Oh my God, what is going on 1.1
- 11:49trillion U.S. dollars. I made fun of Dennis and look,
- 11:52we're going back to 58 K he obviously.
- 11:55He obviously talked to his team. He took care of business.
- 11:59Bitcoin versus gold. Gold market cap is 8.52%.
- 12:04The volatility is absolutely crazy.
- 12:06What a time to be alive. And ladies and gentlemen, a
- 12:09quick ETF update of course Fidelity, BlackRock, Wall Street
- 12:15continues to stack Bitcoin. They continue that institutional
- 12:20interest just continues to go up.
- 12:21Look at that line just goes up. I mean when we started covering
- 12:25this Fidelity stack was like A20K Bitcoin, BlackRock stock
- 12:29was at like 30 or 40K Bitcoin, that 141,000 Bitcoin right now
- 12:33BlackRock stack and if you compare and contrast that with
- 12:37micro uh micro strategy micro strategy stack is about 193,000
- 12:42bit Bitcoin. So I mean BlackRock seems to be
- 12:46catching up and of course this isn't all of black rocks
- 12:48Bitcoin, this is Bitcoin that BlackRock is holding for their
- 12:51clients supposedly right. So just to clarify that, but if
- 12:55you guys want to know this crazy volatility, why the price is
- 12:58fluctuating the way it is? This is why you have this crazy
- 13:01amount of interest for an asset that has absolute scarcity that
- 13:06has never happened in the history of mankind.
- 13:09This is why the Bitcoin ETF was one of the best performing ETFs
- 13:13in history, right? This is how the two of the
- 13:16Bitcoin ETFs are already in the top 10 ETFs in the US, right?
- 13:20Out of 3100 ETFs, there's two Bitcoin ETFs already in the top
- 13:26ten, right? This is why this is the
- 13:28institutional interest. Also in other news,
- 13:30Microstrategies is is apparently in the Fortune 500 already.
- 13:34It's market cap and all Michael Saylor did was adopt A Bitcoin
- 13:38strategy. They didn't change their
- 13:40business strategy. They didn't change, you know,
- 13:42their core business. All they did was they started
- 13:45buying Bitcoin, putting it on its balance sheet, it on their
- 13:48balance sheet. It is a CHEAT SHEET, not only
- 13:51for businesses but also for individuals as well as well.
- 13:55Adopt A Bitcoin standard and see how much your life will change.
- 13:59I promise you, it will change. Be humble, stack stats, sack
- 14:03sats, stay solvent, survive a cycle, pay your price of
- 14:06tuition, and I promise you, life is very, very different when
- 14:11you're living on a deflationary currency, when your savings
- 14:14continue to increase in purchasing power.
- 14:18It's incredibly liberating and it changes your mindset.
- 14:21All of a sudden you have hope for the future and one of those
- 14:25people that are against that awesome future, one of those
- 14:29people that are against this peace and prosperity that's
- 14:31around the corner is the anti Bitcoin Senator that currently
- 14:36has a bill in Congress that would basically make it illegal
- 14:40to mine Bitcoin in the US self custody would basically be
- 14:44illegal. And also she took advantage of
- 14:47the absolute tragedy that happened in Israel and Palestine
- 14:50to try to circumvent the legislative process and put
- 14:54pressure on the fence end to introduce this, these crazy
- 14:58regulations, these crazy surveillance regulations on top
- 15:01of on top of Bitcoin using a false narrative, she claimed.
- 15:05I'm assuming maybe it wasn't her, but it was just suspicious,
- 15:08right? The timing of all this?
- 15:10But the Wall Street Journal claimed that terrorists were
- 15:14using Bitcoin to, you know, to circumvent US sanction policy.
- 15:19It came out that that was patently false.
- 15:21In fact, Tom Emmer made the head of FinCEN admit in Congressional
- 15:26testimony that it terrorists preferred using the traditional
- 15:31financial system. They didn't want to.
- 15:33They, they didn't use Bitcoin. So Elizabeth Warren's
- 15:36narratives, I'm sure of which you're going to hear a little
- 15:38bit of now, are patently false. She knows they're false, but she
- 15:43continues to lie. You know, Elizabeth Warren
- 15:46champions herself as protecting the little guy against the
- 15:49banks, against these big companies.
- 15:51There's no better technology on the face of the planet that
- 15:55protects the lower and middle classes from the ravages of
- 15:58inflation than Bitcoin. So what side are you on,
- 16:01Elizabeth Warren? I said this last night and I'm
- 16:03sticking to it. Elizabeth Beth Warren is an
- 16:05enemy of humanity. If you are against Bitcoin, you
- 16:09are an enemy of humanity in my eyes.
- 16:11I don't see why you would be against it, because Bitcoin
- 16:14benefits everyone equally. Full stop.
- 16:16Period. End of discussion.
- 16:17You can't debate that. How could you say otherwise?
- 16:20You could say otherwise. If you benefit from the
- 16:22container system like Elizabeth Warren, like Christine Lagarde,
- 16:27then you can hate Bitcoin. I understand why the European
- 16:30Central Bank is coming out with these blog posts saying, you
- 16:33know, Bitcoin is dangerous, Bitcoin's a failure.
- 16:36I would do that too if I was benefiting from the power of the
- 16:39money printer. But you know who pays when they
- 16:41print all that money? The rest of us do.
- 16:43The lower middle classes get impacted.
- 16:45The excuse me get impacted the most.
- 16:48So shame on Elizabeth Warren. She's up for re election this
- 16:51year. Vote her out of office.
- 16:54She's evil. I'm saying it.
- 16:56She's evil. She's not a good person.
- 16:58All right, let's check out this video.
- 16:59I. Want to collaborate with the?
- 17:01No you don't. Understand is why the industry
- 17:05seems to be saying that the only way that they can survive is if
- 17:12there's plenty of space for the drug traffickers and human
- 17:16traffickers. Oh, and the terrorists and the
- 17:20ransomware scammers and the consumer scammers and the rogue
- 17:24nations, North Korea that is financing about half of its
- 17:28nuclear missile program with crypto that all of that has to
- 17:33be left open. You know, keep in mind in our
- 17:37financial system, pretty much everybody follows the same set
- 17:42of rules. I'm talking banks and credit
- 17:45unions and credit card companies, gold traders and
- 17:49stockbrokers. Private equity now has to follow
- 17:53the rules, precious metal dealers, Venmo, Western Union,
- 17:59but not crypto. My view of the world is same
- 18:03kind of activity, same kind of risk, should have the same
- 18:07regulation. I'm not looking for fancier
- 18:09regulation for them, I'm not looking for for anything tougher
- 18:13for them. I just want to level playing
- 18:15field here. That, but that's the thing
- 18:18though. Like, that's not true.
- 18:20Like, that's not true. Because if that were true, the
- 18:25current existing regulations already apply to the Bitcoin and
- 18:31the altcoin industry. They already apply.
- 18:35What she's asking for is more surveillance.
- 18:38What she's asking for is for the government to have more power.
- 18:42And remember, don't pay attention to what they say, Pay
- 18:45attention to what they do. If you actually take a look at
- 18:48her bill, unhosted wallets are named unhosted wallets.
- 18:54That term isn't even in the Bitcoin white paper.
- 18:57That's a made-up term by politicians and bureaucrats to
- 19:01demonize self custody, which empowers individuals from the
- 19:06SAT. From from governments, Honestly,
- 19:08from tyrannical governments, right?
- 19:11So, like like she's not being honest here.
- 19:14She's misrepresenting the data, she's misrepresenting herself.
- 19:18She's straight up lying. That's not true.
- 19:21And again, I I took it extremely personal personally when, you
- 19:27know, she used what happened in the Middle East as a political
- 19:32weapon to go after Bitcoin. I took that very personal
- 19:36because I have friends that live in Israel, I have friends that
- 19:41are Palestinian. And for you to use the death of
- 19:44children and women for a political game, I mean, is a
- 19:48testament of who you are as a human being.
- 19:51And that is absolutely despicable from Elizabeth
- 19:53Warren. And she lied here.
- 19:56She did not tell the truth. Take a look at her bill, take a
- 20:00look at the FinCEN proposal. And you let me know if that is
- 20:04the same rules and regulations that the traditional financial
- 20:08system uses, even though the head of the FinCEN already
- 20:12acknowledged to Tom Enner. That hey, no, terrorists prefer
- 20:17the traditional financial system.
- 20:18So why is Elizabeth Warren so hell bent on Bitcoin?
- 20:21Well it's very simple. How you going to wealth how are
- 20:26you going to redistribute wealth if the majority of your
- 20:29population start see start saving their money in
- 20:33unconfiscatable wealth kind of changes that the the the
- 20:37dynamics of things something talked about in the book The
- 20:40Sovereign Individual, which I highly, highly recommend you
- 20:42guys read. Maybe I read a passage from it
- 20:44like we always do every couple of days.
- 20:46And here's Pierre Rashard. Fine.
- 20:48Don't take my word for it, right?
- 20:50You know, it's simply Bitcoin. Maybe we're just very passionate
- 20:52about this. Maybe we're kooks because we
- 20:55cover this in the Bitcoin use every single day.
- 20:57Here is the head of research, the VPA, Vice President of
- 21:02Research at Riot Platforms, A publicly traded company, Bitcoin
- 21:06mining company. And this is Pierre Rashard.
- 21:08His words, quote Senator Elizabeth Warren is weaponizing
- 21:12all of government to attack Bitcoin and defend bankers.
- 21:18So Elizabeth Warren was part of the Occupy Wall Street movement.
- 21:23You know what, Elizabeth Warren? You joined Wall Street.
- 21:27You're in the BA. You're in the wallet.
- 21:29You benefit from Wall Street. Wall Street is paying you.
- 21:33You switch sides. You are against the very thing
- 21:37that you were fighting for. You're a fraud.
- 21:39That's what I got to say. If you really want to defend the
- 21:42little guy, you should be supporting Bitcoin because it is
- 21:46the most powerful tool the middle class could use to
- 21:49protect themselves from the savages of inflation.
- 21:53Shame on you, Elizabeth Warren. And if you live in
- 21:56Massachusetts, I don't care if you vote Democrat or Republican.
- 22:00I don't care vote for the other person that is pro Bitcoin,
- 22:04because if you're pro Bitcoin, you're pro humanity.
- 22:07Anyways, Opti, what's your take on all this, man?
- 22:09I'm sorry, dude. I'm.
- 22:10I'm sick and tired of, you know, the lies and the
- 22:13misrepresentations from this lady, you know, using tragedies,
- 22:17using these things to to go after Bitcoin.
- 22:20It's despicable. It's disgusting.
- 22:22I don't like it. It's not cool, you know?
- 22:26If you're gonna attack Bitcoin, make a good argument.
- 22:29Don't lose. Don't use lies and
- 22:30misrepresentations like these anti politics like anti Bitcoin
- 22:34politicians and these anti Bitcoin central bankers.
- 22:37You guys don't even have a good faith argument.
- 22:40You want to know why you don't have a good faith argument?
- 22:42Because bitcoiners are basically calling your bluff and saying
- 22:45money can exist and it can function in a better fashion and
- 22:50it doesn't have to steal from you and you guys don't have a
- 22:53good faith argument against that.
- 22:55So what you guys are using are lies and misrepresentations and
- 22:58we're calling you out on your BS and I know that you guys don't
- 23:01like it, but This is why. This is why we're going to win.
- 23:03We just have better incentives than you guys.
- 23:05And as and you guys could benefit from this too.
- 23:08You guys could buy Bitcoin just like we buy Bitcoin, right?
- 23:11We don't have any special privileges here.
- 23:13Everyone's equal. You guys say that that's what
- 23:15you guys want, but in actuality you you do something very, very
- 23:19different. Anyways, Opti, what's your take
- 23:22on this? I'm sick of it.
- 23:25I'm sick of it. I'm sick of it.
- 23:26Can't can't deal with it anymore.
- 23:27Anyways, guys, if you're enjoying the show, we have 641
- 23:31live viewers between Twitter and YouTube.
- 23:33I'm sure rumble's popping off as well.
- 23:35If you guys are enjoying the show, make sure to smash that
- 23:37like button. Really helps with the algos
- 23:41anyways, Opti, what's your take on all this brother?
- 23:43Yeah, I mean, look, if you just listen to Elizabeth Warren in
- 23:47that clip and you don't really understand any of the technicals
- 23:51going on like it, it sounds, you know, it, it sounds like she's
- 23:54actually, you know, caring for the well-being of the average
- 23:58person out there. But when you really look into
- 24:00the details here, like Bitcoin and even at large, you know, the
- 24:04crypto industry, like, they all abide by literally the same KYC,
- 24:08AML rules that everyone else abides in the like, there's no
- 24:12skirting this. If you're a public Bitcoin
- 24:13company, you can't skirt around all this stuff.
- 24:16Like, she tries to make it out to believe.
- 24:18And it really does make you wonder, you know, when Elizabeth
- 24:21Warren first came out on the scene against Bitcoin, we were
- 24:24speculating like, OK, who is she actually playing cover for?
- 24:27Like, who is the people behind her?
- 24:30What is going on here? And Nico points it out today
- 24:33where it's like, look, she fought or at least was on the
- 24:36side of like Occupy Wall Street. And now she's working and
- 24:39playing cover for the big banks. We all know what's going on
- 24:41here. We see this playbook happen
- 24:43constantly. People come out and flood
- 24:45Bitcoin and we all know why. It's because they're
- 24:47incentivized to maintain the Fiat hegemony.
- 24:51They are getting paid by the bankers.
- 24:52They are the ones at the lobbying groups out there.
- 24:55And like I I love what Pierre Rochard said, you know,
- 24:59Elizabeth Warren and and her friends out there are basically
- 25:03taking the whole brunt of the government, weaponizing the
- 25:07government and having a full head on approach at Bitcoin.
- 25:11Obviously she comes out here as like I'm here to protect you
- 25:14guys. Like this is for your safety
- 25:15citizen. But we constantly break this
- 25:17down on the show. We we constantly show their
- 25:19hypocrisy. We all know what's actually
- 25:21happening. They are terrified of you guys
- 25:24out there as individuals saving in something that they cannot
- 25:27control, which is of course Bitcoin.
- 25:29And as we see the price start to pump, we're going to see more
- 25:33and more people lose their minds around Bitcoin.
- 25:35Like I I tweeted this morning you know I just can't wait to
- 25:38see corporate press and and all the politicians and central
- 25:42bankers lose their minds this year as Bitcoin pumps and
- 25:45they're they're all going to say the same thing.
- 25:46You know it's bitcoins for what she say like money launderers
- 25:49and we're financing terrorists and shadowy super coders and
- 25:54Bitcoin psychopaths. I don't even remember all the
- 25:56things they've called us when all we really want is a money
- 25:59that they cannot steal from us, that they cannot debase.
- 26:03And as we're seeing today, today's a great example of this
- 26:05like and and probably the clip are going to play with Kaiser
- 26:09where like the dollar is crashing right now against
- 26:12Bitcoin. And This is why they're losing
- 26:14their minds because they understand that they have lost
- 26:17the control of of narrative propagation.
- 26:20They know that Oh my God, we cannot control the Internet, we
- 26:24cannot control Bitcoin. So the only thing they have left
- 26:27is to gaslight individuals out there and scare you away from
- 26:30holding Bitcoin. Bitcoin is the only way to
- 26:33escape the Fiat madness. Opt into a parallel system that
- 26:38protects you from clown world. This is what we're seeing happen
- 26:42in real time. And of course, you know, as
- 26:43bitcoiners we get super excited when the price goes up.
- 26:46But in reality, what's happening is the dollar is getting
- 26:49decimated right now, all Fiat currencies are getting wrecked
- 26:52right now, and if you have positioned yourself and
- 26:54protected yourself by holding Bitcoin, then it's glorious to
- 26:57see them all squirm and freak out because hey, we were right.
- 27:01We've been telling you guys this for a long time.
- 27:03So no amount of fighting by Elizabeth Warren is going to
- 27:06stop this, but she can very, very seriously hurt individuals
- 27:12out there that believe the nonsense she's saying.
- 27:14And we know we know the truth here.
- 27:16The banks are scared of Bitcoin propagating and people holding
- 27:20Bitcoin because it calls their bluff.
- 27:22The Fiat Ponzi is popping in real time.
- 27:25It might take a long time, but hey, if you're a bitcoiner, you
- 27:28know, enjoy the price pump. Enjoy the the Fiat clowns.
- 27:33Vindication. It's real time from the
- 27:35sidelines. It's a vindication for you,
- 27:37everyone. If you've been holding in the
- 27:39trenches, You know your parents making funny your grandparents,
- 27:42right? You know you've you've suffered
- 27:44through the bowl of the bear market.
- 27:45You've paid your price of tuition.
- 27:47Enjoy this. We're just getting started.
- 27:49We have 18 months left of this party, Mama.
- 27:54We made it. Oh my God, that's absolutely,
- 27:56absolutely hilarious. So yeah, enjoy it.
- 27:58Soak it in. These are the moments in life
- 27:59you remember at 80 years old. You remember these precious
- 28:03moments and also before, before BJ the banks are scared of
- 28:08Nico's beard before I pass it on to Dennis cause I've been on a
- 28:12soapbox a little bit. It's, I mean I I get, I I'm
- 28:14sorry guys. I can't hold it in.
- 28:16When, you know, when, when, when Elizabeth starts doing these
- 28:21things like just tell the truth, just tell it.
- 28:23Just be honest, You know, just be honest if you're like,
- 28:25listen, I just fundamentally agree that, you know, money
- 28:28should be controlled by governments.
- 28:30And I fundamentally agree that human beings are citizens in the
- 28:34US shouldn't, you know, be allowed to own unconfiscatable
- 28:37wealth. Just be straight up about it and
- 28:39then see how that works out for you.
- 28:41Right. Just do that.
- 28:42And I just want to say something else before I pass it on to
- 28:44Dennis is, look, this is not a Democrat versus Republican
- 28:48thing. This is not a left versus right
- 28:50thing. This is the party of Orange, the
- 28:52party of peace, prosperity, optimism, opportunity.
- 28:57The party of Orange, The party of Bitcoin versus the party of
- 29:00Green, The party of nihilism, slavery, Fiat nihilism, war.
- 29:06That is the battle at hand. And you as an individual, you
- 29:10got to decide what side you're on.
- 29:11Are you on the side of Orange or are you on the side of Green?
- 29:14And don't get lost in the sauce when they try to use the divide
- 29:17and conquer method and tell you no, it's the Democrats that are
- 29:21responsible for this. No, it's the Republicans.
- 29:23No, it's Fiat money. The money's broken.
- 29:26Fix the money, Fix the world. Anyways, Dennis, wait wait wait
- 29:28wait. Wait, wait.
- 29:29Before I go to Dennis. Sorry guys, I see everyone
- 29:31freaking out about Coinbase being down right now.
- 29:33This is why we do not recommend you guys using Coinbase.
- 29:36First, go to bitcoinwell.com. Second guys.
- 29:41Second guys, if you've been around for a few cycles then
- 29:44then we know that this is normal coin base.
- 29:47This happens every time it starts pumping.
- 29:49Coin base goes down by accident. It's like it's like clockwork.
- 29:52This is usually means that we are in a bull run is when coin
- 29:56base goes down. So again guys, your coin should
- 29:59be SAFU, at least in quotes, but don't use Coinbase.
- 30:03It's not Safu. No, that's what.
- 30:05That's why I said you're using. That's why I said in quotes
- 30:08you're. Using Bit if you're using
- 30:10Coinbase to buy Bitcoin. Don't use Coinbase.
- 30:13Don't use Coinbase and don't leave your coins on exchange.
- 30:17This is why we recommend Bitcoin.
- 30:18Well, self custody by default ladies and gentlemen.
- 30:21Use the proper platforms, don't you?
- 30:24Don't leave your coins on Coinbase.
- 30:26Don't do. It I go Dennis.
- 30:27I go Dennis. Your coins on any exchange,
- 30:30Dennis. It's up to you, bro.
- 30:32Yeah, I see that the running theme here is that you should
- 30:34probably take custody of your coin.
- 30:37I mean, I know that you guys are very passionate against people
- 30:41like Warren and Gensler and Fink, but I'm kind of like on
- 30:46their side at this point just cause what do you just cause
- 30:50like we had a little flash crash to 58 K so I think they have
- 30:54something to do with that. So that's I'm pretty much on
- 30:56their team at this point, and the whole Coinbase thing just, I
- 31:00don't know, I think you could, I think you could probably just
- 31:04see yourself as like, OK, if I have a Coinbase account, the
- 31:07least I could do is take away the coins from Larry Fink,
- 31:10right, 'cause he's using Coinbase as his, I don't know,
- 31:14as his custodian, right? So maybe you should keep using
- 31:17Coinbase and take away some of their coins on that that
- 31:20exchange. I don't know that I'm just
- 31:22throwing out like, you know, some some contrary advice right
- 31:26there. But agreed on like all of the
- 31:29methods that they're going to do at this point just to like keep
- 31:33you from living your life. I think that's that's like the,
- 31:37the main thing that got me into Bitcoin.
- 31:39I was just sort of like I just want to be left alone at this
- 31:42point. But they're going to continue
- 31:44doing all these games on all these platforms.
- 31:47They're going to try and mitigate all the influence we
- 31:49have. I mean maybe that's going to be
- 31:52less so at this point just cause Wall Street's here and they're
- 31:55going to have even more influence than probably a lot of
- 31:57the plebs at this point. But you you never know like
- 31:59maybe there could be another like 580 K gang thing going on.
- 32:03But any case, yeah that's that's kind of all the thoughts I have
- 32:08like you you don't really have to see these guys as like pure
- 32:10evil or like against you. They're just the old guard
- 32:13trying to protect their whole their whole Moat of influence
- 32:16and power at this point. So if you play the same games
- 32:20against them within this new mode called Bitcoin, you know
- 32:25things could happen a bit more peacefully like in the future,
- 32:28hopefully, right? A. 100% I I agree.
- 32:31I I I agree with that. I hope that happens.
- 32:34I hope this isn't a, you know, a a bloody transition like the the
- 32:38separation of church and state. I hope this is a peaceful
- 32:40transition or sorry, call it. The peaceful Bitcoin revolution
- 32:43doesn't require any action other than you buying, earning, mining
- 32:46Bitcoin and taking that Bitcoin into self custody.
- 32:49That's all you got to do, like you're participating in the
- 32:52revolution, whether you're aware of it or not.
- 32:55Because essentially what you're doing is you're taking back your
- 32:57financial sovereignty by, you know, custodying your wealth,
- 33:01right? And of course, Bitcoin allows
- 33:03you to do that in a efficient manner.
- 33:06So anyways, ladies and gentlemen, let's get to the
- 33:08news. We have a lot to talk about
- 33:09today. Let's check it out.
- 33:10Here we go. The Daily News.
- 33:17I want to give a shout out to our sponsor, Foundation Devices.
- 33:20It's self custody done right. They built a premium grade
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- 34:08Check out the passport link in the show notes below to learn
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- 34:14I made it incredibly easy for you guys.
- 34:16You could scan the QR code on your screen right now, take you
- 34:19directly to the Foundation Devices website where you can
- 34:22get yourself a passport hardware wallet.
- 34:25Remember guys, we just talked about it.
- 34:27Not your keys, not your cheese. You definitely want to take self
- 34:30custody of your wealth and one of the easiest ways to do it is.
- 34:34I mean one of like. I would say the best way to do
- 34:36it is by getting yourself a hardware wallet.
- 34:38And of course you recommend our sponsor Passport by Foundation
- 34:41Devices. Completely open source, It's
- 34:43incredibly easy to use. It has an app, it's called the
- 34:46Envoy. It makes it easy and of course
- 34:48if you're new to the whole self custody aspect, to have a
- 34:51concierge service or one of their Bitcoin experts will help
- 34:54you take self custody of your Bitcoin using the passport.
- 34:58Anyways, I do want to make this historic news because I mean
- 35:02Opti should is it is should I pull out Satoshi This discount?
- 35:05Is Satoshi the Bitcoin chicken? Does it only apply to dollars?
- 35:09I don't know. We are.
- 35:10We are Americans. But I don't know.
- 35:12Hit it. Whatever.
- 35:12Who cares? Hit it.
- 35:15OK, so it's been it's been a long time, ladies and gentlemen,
- 35:20where Satoshi the Bitcoin chicken has not clicked.
- 35:22So it's been a long time, Long time coming.
- 35:24He's back. He's back.
- 35:26And that's because shout out to her friends over at Bitcoin
- 35:29Magazine. Breaking Bitcoin is starting to
- 35:32break all time high against the world's largest currencies.
- 35:35That includes the South Korean won, the Indian rupee, the South
- 35:39Korean sorry, the South African Rand, the Swedish krona, the
- 35:43Norwegian kron, the New Zealand dollar and the Chinese yuan.
- 35:48So Bitcoin continues to do, Bitcoin does best, continues to
- 35:53embarrass Fiat currencies. And if you take a look at it
- 35:57from, you know, kind of a top ten standpoint, Bitcoin's market
- 36:02cap has quickly surpassed the M1 of both Canada and Australia.
- 36:06Internet money is now in the top 10.
- 36:10So this is not bad. I mean the this makes the
- 36:12European Central Bank look awfully bad in my opinion.
- 36:16But I mean it looks like, you know, Bitcoin has about what is
- 36:20that million billion, about 10 trillion roughly and it catches
- 36:24the EU. So I mean, you know, it's on.
- 36:26It's on his heels. It's on his heels.
- 36:28Anyways. So I didn't want to talk about
- 36:31this. We were talking about this in
- 36:32the beginning of the show about the vindication of Michael
- 36:35Saylor Naimbukele, and let's talk about that vindication,
- 36:38shall we? So Naimbukele says when
- 36:40Bitcoin's market market price was low, they wrote literally
- 36:44thousands of articles about our supposed losses.
- 36:47Now that Bitcoin's market cap is way up, if we were to sell, we
- 36:51would make a profit of over 40% just from the market purchases.
- 36:55And our main source of Bitcoin is now our citizenship program.
- 36:58We won't sell. Of course, at the end, one
- 37:01Bitcoin equals one mother effing Bitcoin.
- 37:06That's not just a random bitcoiner on Twitter.
- 37:09That is the president of a of an effing nation state.
- 37:14We're winning so hard, guys. You your life is going to
- 37:18fundamentally change in the next 18 months.
- 37:21You have absolutely no idea right?
- 37:25Anyways, he goes on to say this was true when the market price
- 37:29was low and it's true now, but it's very telling that the
- 37:32authors of those hit pieces, the analysts, the experts, the
- 37:35journalists are totally silent now.
- 37:37And remember this next time they spill lies again about El
- 37:41Salvador, right? And I'm looking at you Elizabeth
- 37:43Warren. Anyways, so here is an awesome
- 37:47bitcoiner. And you know it's not only those
- 37:50countries, a bunch of other countries that Bitcoin is making
- 37:53all time highs. So Bangladesh, China, Congo,
- 37:56Egypt, Ethiopia, Ghana, Haiti, India, Indonesia, Japan, Kenya,
- 38:01Laos, Lebanon, Madagascar, Malawi, Malaysia, Myanmar,
- 38:06Nigeria, Pakistan, Rwanda, Sierra Leone, South Africa, Sri
- 38:09Lanka, Sudan, Surinam, Turkey, Ukraine, Ubekistan, Angola,
- 38:14Argentina, Bangladesh. You guys get the point.
- 38:18Bitcoin is making all time high all around the world.
- 38:21And of course, the reason is simple.
- 38:22There's only 21 million Bitcoin. And before I know what a lot of
- 38:27you guys are asking, maybe we're still early to this thing.
- 38:30Maybe. You know, maybe, I mean, sorry,
- 38:32maybe we're late to this thing. Maybe we've missed the bus.
- 38:34Where here's Edward Snowden, massive account.
- 38:37Some people call him a hero, some people don't like him,
- 38:40right? Kind of depends where you stand.
- 38:43But I'm not going to get into that.
- 38:44But most importantly, he has a massive following.
- 38:47He's a very, very well known individual around the world and
- 38:51he asked his audience yesterday at 9:47 AM Eastern Standard
- 38:55Time. He said, do you own any amount
- 38:58of Bitcoin whatsoever? 56% of his audience said no.
- 39:02Only 43% of them said yes, right.
- 39:06So I think that is a big deal. Anyways, talking about shifting
- 39:11the Overton window, Max Kaiser goes on Alex Jones.
- 39:15I understand Alex Jones is a very divisive figure, but he
- 39:18does have a massive following. And I ask everyone, please,
- 39:21please don't get distracted about the ideological psyop.
- 39:25That's, that's really what I call it.
- 39:27I told you guys in the very beginning of the show, it is not
- 39:29left versus right. It is not Democrat versus
- 39:32Republican, it's not liberal versus conservative.
- 39:34It is orange versus green, Bitcoin versus Fiat money.
- 39:38So whatever moves, you know, the whatever moves the needle
- 39:42towards the side of orange is a good thing.
- 39:45And here's the thing ladies and gentlemen, We have to continue
- 39:47shifting the Overton window. We have to get the masses asking
- 39:51a very, very important question, but a very simple one.
- 39:53What is money? Why am I being forced to use the
- 39:55money that steals from me? Why?
- 39:58I don't understand why this Why? Why am I being forced to do
- 40:01that? And then that leads you down the
- 40:02Bitcoin rabbit hole. So anyways, here is Max Kaiser.
- 40:05He went on Alex Jones show and he's explaining how the dollar
- 40:08is crashing against Bitcoin and demonetizing gold.
- 40:13Let's check it out. We're already in the crap.
- 40:15If you talk about crap, we're already in the crash example of
- 40:19now they're just not admitting it.
- 40:22Well, OK, I'll give you another example of, you know, missing
- 40:25the forest for the trees. When you talk about crash,
- 40:28typically in the US, you know everything is in U.S. dollar
- 40:30terms, right? The stock market's hitting new
- 40:32highs, but that's in U.S. dollar terms.
- 40:33Warren Buffett has the most cash in his balance sheet ever of 197
- 40:37billion, but it's U.S. dollars. But if you were to price
- 40:39everything in Bitcoin, the stock market, commodity prices,
- 40:43Berkshire Hathaway stock, NVIDIA stock, Microsoft stock, if you
- 40:46were to price it on Bitcoin, they're all collapsing against
- 40:48Bitcoin. You know, Bitcoin as a pure
- 40:50price signal in the market is telling us something about the
- 40:54dollar, about inflation, and about global geopolitics.
- 40:56And you're a former. I agree.
- 40:57You're a former. We'll talk about Bitcoin coming
- 40:59up. You're a former silver, so I'm
- 41:00going to leave it right there. But you like that signal from
- 41:04Max was spot on, right? And again, this is not an
- 41:08audience that is necessarily orange pilled.
- 41:11This is an audience that you know is hearing these things
- 41:15from the first time for like maybe the first time.
- 41:18Maybe it's, you know, the first couple times.
- 41:20But remember, it's not enough for you to hear about Bitcoin.
- 41:24In my experience, the most powerful way to Orange peel
- 41:26someone is to tell them about Bitcoin and then NGU does what
- 41:30NGU technology does best. You know how much it hurts when
- 41:34you tell someone to buy Bitcoin and it was at $1000 and now it's
- 41:38sitting pretty at $61,276? That hurts.
- 41:42And that convinces people. That's like, Oh my God, maybe I
- 41:45should have paid attention to this thing, right?
- 41:48And but what Kaiser said was the signal Bitcoin is just a mirror.
- 41:52It's actually showing how much these Fiat currencies are losing
- 41:57value, right? And it's really, really
- 41:59important because it's not Max Kaiser saying this on a Bitcoin
- 42:03podcast. It's Max Kaiser saying this on a
- 42:08on a you know kind of a AAI wouldn't call a mainstream but
- 42:13let's say a non Bitcoin popular podcast right.
- 42:17And here's Tim Poole. Tim Poole is 1 currently one of
- 42:19the most popular podcasters right now on YouTube.
- 42:23You know host of the Tim cast. IRL does these like news bits as
- 42:27well. Big fan of his and he said
- 42:30February 27th. So yesterday, imagine Matt being
- 42:33Max Kaiser, desperately trying to make us all billionaires and
- 42:36where you're where you're like, yeah, yeah, whatever, Max.
- 42:39To be frank though, after I missed the train on Bitcoin at
- 42:42$0.70 and then again after Max advice, I ended up buying a
- 42:46bunch a few years later and I'm extremely happy.
- 42:48And this is what I was talking about, right?
- 42:50This is exactly what I was talking about.
- 42:52You tell someone the price of Bitcoin I didn't have, you know,
- 42:54I'm class of 2016, so I think the lowest was like in six
- 42:57hundred $700.00, right, for me. But you know, $0.70, like,
- 43:02that's absolutely nuts. And you would think, Oh my God,
- 43:05imagine if Bitcoin was at a cent and then went to $0.70, you'd be
- 43:09like, dude, I I missed the train, like like F like, I
- 43:11messed up, right? But again, people don't
- 43:15understand the significance of absolute scarcity and Wall
- 43:19Street is just waking up to that.
- 43:21Anyways, so I I love Samson Mao's meme of it, right where he
- 43:24he doesn't put six $61,000 Bitcoin, he puts .06 million
- 43:29dollar Bitcoin. I think it's very fitting.
- 43:32It's absolutely hilarious. Anyways, I'm going to end it at
- 43:34this. I know I've been on my soapbox
- 43:35for a little bit. Here's Nayan Bukele at CPAC.
- 43:39And again, guys, please don't get distracted by the politics
- 43:43because I know a lot of people will.
- 43:45But pay attention to the words of what he's saying, right?
- 43:50And in terms of shifting the Overton window, we're making
- 43:55huge progress. Max Keiser on Alex Jones.
- 43:58Nayan Bukele talking about printing money out of thin air
- 44:02at CPAC President Javier Miley of Argentina also spoke at
- 44:06speech CPAC. But his speech at the World
- 44:10Economic Forum was the best one where he said that printing
- 44:13money is a mechanism to control people, right?
- 44:16And that was a very, very powerful kind of statement,
- 44:19right? So first, Libertarian candidate
- 44:22elected President Nayan Bukhale, saying the quiet part out loud,
- 44:26Can the government of the United States really keep printing
- 44:29unlimited amounts of money out of thin air?
- 44:31That's a great question. So we'll play you the clip of
- 44:34the speech. But here's a more important
- 44:36statement, right, Which is and connect the dots because this is
- 44:39what we do on simply Bitcoin with what Max Keiser was saying
- 44:42on Alex Jones. Bitcoin is showing that, and
- 44:47that's why they don't like it. When you're going to print an
- 44:51infinite amount of dollars, Infinity divided by 21 million,
- 44:56who do you think's going to win there, right?
- 44:58Where? What do you think's going to be
- 45:00the place to store your with a bet, The better place, the
- 45:03superior place to store your wealth?
- 45:05I mean, the answer is simple in my opinion.
- 45:07Anyways, let's check out this clip.
- 45:09When I talk to my conservative friends right here, they always
- 45:12tell me that the problem is high taxes.
- 45:15But they're wrong, of course. High taxes are extremely high
- 45:20here in the United States. I I give you that.
- 45:23You're right in that. But that's not the real problem.
- 45:28The real problem is not the high taxes themselves, but the fact
- 45:33that they are not even really funding the government.
- 45:38But even those high taxes higher than a lot of places in the
- 45:42world, but even those taxes are really funding the government.
- 45:47So who's financing the government?
- 45:51Government is financed by Treasury bonds, Paper.
- 45:59And who buys the Treasury bonds? Mostly the Fed.
- 46:05And how does the Fed buy them? By printing money.
- 46:11But what backing does the Fed have for that money being
- 46:15printed? The Treasury bonds themselves.
- 46:20So basically you finance the government by printing money out
- 46:23of thin air. Someone could ask.
- 46:28Someone could ask. Well, so if the government can
- 46:31print the limited amounts of money out of thin air, why did
- 46:36they collect taxes? That, ladies and gentlemen, is
- 46:46shifting the Overton window. That, ladies and gentlemen, is
- 46:49why Elizabeth Warren continues to attack this thing.
- 46:53That's why the European Central Bank continues to attack this
- 46:57thing, because it, Bitcoin calls into question by its mere
- 47:02existence, central banking. What is central banking?
- 47:08Is it actually the best way? Is it the fairway?
- 47:11What is Fiat money? Why should someone else have the
- 47:14privilege of being able to create money for free while I
- 47:16have to work for it? Why should that be a thing?
- 47:19Why does my money have to lose purchasing power, and why don't
- 47:23they take responsibility for it? Why do they blame everything and
- 47:27anything but themselves for inflation?
- 47:31It's a good question to ask. Anyways, to address today's
- 47:34title Kaiser again Dropping the sauce.
- 47:37I think this was hilarious. Thomas from heyapollo.com said
- 47:42Is Jeff Bezos pulling into piling into Bitcoin right now
- 47:46Mingling with Michael Saylor Just liquidated $8.5 billion in
- 47:50Amazon stock. Max Kaiser said yes.
- 47:53OK, on a more serious which I think is absolutely hilarious.
- 47:56I mean, but it could be true. How did we jump up these crazy
- 47:59numbers like we've had a cut, a crazy cut last couple of days.
- 48:02I'm not going to lie and OK, but what's the actual truth?
- 48:06Right, The actual truth. The numbers, the hard data,
- 48:09right. Something that can't be
- 48:10misrepresented, skewed, lied to. This is what governments are
- 48:15going to have to answer to. This is what central bankers are
- 48:18going to have to answer to. Numbers don't lie.
- 48:20It doesn't lie. OK, if you've been saving in
- 48:24Bitcoin on a five year scale, the dollar has gotten 93%
- 48:28cheaper. The Euro has gotten 94% cheaper.
- 48:32The Singapore dollar has got a 93% cheaper.
- 48:34In fact, every single Fiat currency on this list.
- 48:37I mean the Argentinian Peso 99.7% cheaper.
- 48:43Talk about wrecked. These numbers don't lie.
- 48:46It tells you what is the better money.
- 48:50No, no amount of propaganda, spin, misrepresentation is going
- 48:54to change those facts. So you got to decide what money
- 48:59you want to choose, what money you want your children to use,
- 49:03and what type of future you want your children to live in.
- 49:06I mean, to me it's incredibly obvious.
- 49:09I I think the Bitcoin standard, I think a sound money standard
- 49:13is the option. I think it's time to try
- 49:15something new. I think it's time that we get
- 49:18away from central banking and all the death, destruction,
- 49:21poverty and nihilism and division that comes with it.
- 49:25Anyways, Opti, what's your take on all this?
- 49:27Yeah, so going back a little bit, you know, Kaiser in the
- 49:31very beginning hit the nail on the head.
- 49:34And we, we constantly talk about this on the show and this is
- 49:38what we're seeing happen in real time.
- 49:40This is why the Bitcoin price is going up so hard today is
- 49:42because the dollar is crashing against Bitcoin.
- 49:45Again, our favorite website, what what is it, Nico?
- 49:48Price in Bitcoin? Is it price in bitcoin21.com?
- 49:51Price of bitcoin21.com. Price and bitcoin21.com guys you
- 49:54can see in real time that everything is getting cheaper.
- 49:58If you are holding Bitcoin is because the Fiat Ponzi is a slow
- 50:03moving train and it is popping in real time.
- 50:06And any one of you guys that are bitcoiners and anyone that's
- 50:09actually aware of what's going on is looking for an
- 50:11alternative. So while Sailor might be or not
- 50:14so sorry, while Kaiser might be trolling that Bezos is, you
- 50:18know, actively stacking Bitcoin, we do know he was hanging out
- 50:22with Michael Saylor on a yacht like last week or whatever.
- 50:25So like people are waking up to the idea that if you are saving
- 50:29in Fiat dollars, you're holding melting ice cubes.
- 50:32And the numbers don't lie. You know, they can manipulate
- 50:35the CPI prices. They can, you know, continue to
- 50:38to prop up the stock markets. But when you price everything in
- 50:42Bitcoin, it is showing you a different story.
- 50:45They're getting absolutely wrecked.
- 50:47And This is why we tell every single one of us and and we eat
- 50:50our own food. You know, we hold Bitcoin.
- 50:53We try to hold as much Bitcoin as possible but also be able to
- 50:56pay our rent and pay our roast groceries and you know, survive
- 50:58in the Fiat world but you want to be holding and storing your
- 51:02value in Bitcoin because it's the only thing that cannot be
- 51:05debased. And the Buchelle clip, I I'm
- 51:09sure we're going to be playing this constantly on the show
- 51:11because more and more people are going to wake up to the scam
- 51:14that is Fiat Ponzi. But the issue is money printing
- 51:17guys like in in full left side of the bell curve terms, you
- 51:21know, the whole world economy and the US economy, it's
- 51:26literally paper backed by paper. And that's what's keeping
- 51:28everything afloat is just the fact that they're printing money
- 51:31out of thin air. Nico, what's the tweet that you
- 51:33put on? You know, I refuse to use the
- 51:35money that someone can print out of thin air.
- 51:37Like this is what's going on. People are looking for an
- 51:40alternative and the alternative is Bitcoin.
- 51:42So as we will see moving forward this year as the price starts
- 51:47running, moving into the halving and after the halving we're
- 51:50going to see people wake up to what is going on and you know
- 51:53shouts out the temple for for being humble enough to be like
- 51:57man, I could have bought at this price.
- 51:59You know I'm kicking myself in the ass for this.
- 52:02But at least I'm buying now and that just goes to show everyone
- 52:05out there like do not get stuck on the sidelines.
- 52:08Yes, the price of bitcoins going to be running, but like buying
- 52:12Bitcoin at 60 K is better than buying Bitcoin at 150 K like the
- 52:17price is going to continue to go up.
- 52:19So do not get caught on the sidelines.
- 52:21Continue to stack Bitcoin because holding Fiat dollars is
- 52:26the more riskier play right now. And average people saving
- 52:30dollars, they don't understand the mechanics of the economy,
- 52:33they don't understand the mechanics of money printing and
- 52:35it is all stealing your wealth. Your dollars are leaking
- 52:40purchasing power overtime. And we're seeing in real time
- 52:43that finally, finally, it's been a long bear market but the world
- 52:46is getting repriced in Bitcoin and it's just awesome to be on
- 52:50the front lines like we we were right.
- 52:52It feels good being right, you know.
- 52:54Of course good. Of course I want to, I want to
- 52:55say like the big short meme, like don't dance.
- 52:57But of course we're going to be dancing a little bit.
- 52:59We're going to throw some horns in there because this is the
- 53:02year when bitcoiners are looked at geniuses and then after 2025
- 53:06everyone's going to be like, oh, bitcoiners are an idiot to when,
- 53:08you know we probably get a pullback.
- 53:10So again, do this for the long term.
- 53:13As my boy Nick camp mine always says don't stack Nat stats for
- 53:16your first name, stack stats for your last name.
- 53:19This is a long term play. You need to be holding Bitcoin
- 53:22for the future. For the long term, it's not
- 53:25about getting some Fiat games. It's about understanding what is
- 53:29actually going on to the world economy right now.
- 53:32And it seems like Fiat currencies around the world are
- 53:35starting to, I wouldn't say hyperinflate, but the Fiat Ponzi
- 53:38bubble is starting to pop. It's been going on the real
- 53:41experiment, this paper money, you know, we've been on it for
- 53:43100 years and now we have something better.
- 53:45And this is Bitcoin. This is why you need to save in
- 53:48Bitcoin. This is the way, this is the way
- 53:50to protect yourself. It's super simple.
- 53:52Just stack Bitcoin constantly, continue to buy Bitcoin, make
- 53:56sure you have either ADCA or do what I do and capitulate your
- 53:59Fiat as soon as possible and stack as much Bitcoin as
- 54:02possible. Anyways, Dennis, what's your
- 54:04thoughts on all this? Are we going back to 58 K?
- 54:08Anything's possible, guys. No, but I mean this time, I
- 54:14don't know. We were kind of discussing this
- 54:16before the show. Things are fairly different.
- 54:19We have different players coming in.
- 54:21They're probably going to have their own gang that that you
- 54:27probably won't be able to join, but that's OK.
- 54:29Like, Bitcoin is for everyone. It's for enemies as well.
- 54:34Yeah, I hope everyone's stacked enough Bitcoin during this last
- 54:38last like 4 years, because we just take out like the 2021 rise
- 54:44in price. We were pretty much just flat
- 54:46like the whole time. Generational wealth will be
- 54:50achieved within the next like couple years and I hope
- 54:54everyone's stacked enough. That's really all I have to say
- 54:56on that. 100% Dennis dropping the sauce guys we're at 840 we
- 55:02we I think we we touched 845 live viewers across all
- 55:07platforms on Twitter, rumble and YouTube.
- 55:11If you guys are enjoying the shows make sure to smash that
- 55:13like button really, really helps with the algos and it's a it's a
- 55:18privilege to to be able to do this for you guys and stop deny.
- 55:22Holy crap man, this is nuts. OK guys, before we move on to
- 55:27the culture, I do want to give a shout out to our sponsors
- 55:31because they're they're who keep us on the air.
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- 56:05let's get to the culture. We have a lot to talk about.
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- 57:00All right, Opti, it's all yours. All right, well, guys, I had
- 57:05planned to bring Dennis on. I think I hit him up at the
- 57:09beginning of the week and we're like, yo, it looks like we might
- 57:11hit 58 K So we brought him on after we hit 58 K It was a meme.
- 57:17Maybe, maybe, maybe we'll talk about the origin of the meme or
- 57:20whatever, but like, we only hit the we only hit 58 K for like 5
- 57:24minutes. So you know, a little
- 57:26bittersweet. But yeah, let's Dennis, maybe
- 57:29let's start. Where did the 58K meme even
- 57:31start from and what was the idea there?
- 57:33And and what's going on with, you know, the 58K wall?
- 57:36I thought, it's going sideways 58 K forever.
- 57:38It looks like you were wrong. Yeah, like Sailor says, all
- 57:46models are meant to be broken. So.
- 57:49Yeah, that's not. What you're saying in line with
- 57:51that whole, that whole, that whole line of thinking, it's it
- 57:56feels good to have it break to the upside.
- 57:58Can't lie. But it also feels kind of bad at
- 58:01the same time. But.
- 58:03Why does it feel bad? Because it's the end of an era.
- 58:09I think it's it's about time like we we kind of move on to,
- 58:13well, I don't know, who knows? 500K gang.
- 58:16Bigger and better things, right? 580 K 585 hundred 80K gang, 580K
- 58:23gang. It's possible.
- 58:25It's quite possible. Nothing confirmed yet, that's
- 58:27still in the works. Oh man, well.
- 58:30It has to do in the background with that but I.
- 58:32I think it's pretty fitting though.
- 58:34You know what? Like I was joking with you
- 58:36before the show. Dennis is like man, 58K gang.
- 58:40You know, it was a it was a strong two year meme where
- 58:43everyone was just giving you crap.
- 58:45Like this is your fault And it's so fitting that we blew through
- 58:49it and what, 5.8 minutes like you said, it's like we didn't
- 58:52even have time to celebrate. It was just like, all right, we
- 58:55I was joking last night. I'm like, man, the price is at
- 58:5856 K like, all right, I hit. I'm like, all right, maybe let's
- 59:01bring you on tomorrow. It looks like we might hit 58 K
- 59:04And then I woke up this morning and it was at 60 K and I'm like,
- 59:08whoa, like, what is going on? So, you know, is it fitting that
- 59:12your your life's work of 58 K just got destroyed?
- 59:18Yeah, I think everything at some point within Bitcoin gets slain.
- 59:23So this is another, another movement that got slain.
- 59:26And it's pretty much just like, you know, I think it's time to,
- 59:31to focus on other things at this point.
- 59:34Yeah, we could focus on bigger numbers for sure.
- 59:37I don't. Know what's the next What's the
- 59:38new number But 580K gang? I don't.
- 59:42I don't know. No, we got it right here, 5.8
- 59:44million gang. Oh.
- 59:46Yeah, that. Might that might be more in line
- 59:49with. We we won't be able to reach
- 59:50Dennis at that point. He'll be.
- 59:53He'll be disappeared. I'll still hang out, guys, Mike.
- 59:56I will probably get banned and everyone will forget about me at
- 59:58some point, but I know the homies will.
- 1:00:01They'll they'll reach out at least.
- 1:00:02Well, it's definitely an end of an era bro.
- 1:00:04Like you. At least you guys can say you
- 1:00:06were here during a very micro niche meme gang known as 58K
- 1:00:10gang. But what's the future of 58K
- 1:00:13gang? Are you guys just disbanding or
- 1:00:15what's going on here? Now we'll we'll probably still
- 1:00:17have like the group chat still going on.
- 1:00:20And we'll you guys want to talk about it though?
- 1:00:22We'll we'll basically have to cope with more money, I guess.
- 1:00:26I don't know. It's.
- 1:00:28Really hard part of this. Group man, it's so hard.
- 1:00:32Oh man, that's hilarious. So it was, it was, it was
- 1:00:36legendary. I remember 58 K was just like it
- 1:00:38was that wall and you know, looking back two or three years,
- 1:00:42I mean, what was the last? It was 2021, so looking back,
- 1:00:45holy crap. Looking back three years later,
- 1:00:50it's. Wait, wait, wait, wait.
- 1:00:51The price on the one minute chart is rebounding.
- 1:00:53Maybe we hit 58 K for one more time.
- 1:00:56No, it just went back up 60. Yeah, I mean this crazy
- 1:01:00volatility during today's show. Holy cow, ladies and gentlemen.
- 1:01:04Strap in. It's going to be a wild 18
- 1:01:07months. Mika, before we wrap this up,
- 1:01:09Dennis, you are also working with Bitcoin companies and
- 1:01:12making some content. So maybe, yeah, what?
- 1:01:14What Bitcoin company are you working with?
- 1:01:16Yeah, right now BTC times. Oh, they're all working kind.
- 1:01:19Of BEAST. But yeah, both are just content
- 1:01:23pages that, you know, provide Bitcoin education and the latest
- 1:01:28news going on. But yeah, that's that's how
- 1:01:31involved I am with the Bitcoin space at this point.
- 1:01:33It's it's a lot of fun. I think that's pretty much how
- 1:01:38so during like the 58K gang era, if you don't know, a lot of big
- 1:01:44accounts were complaining about the price action.
- 1:01:47So that's kind of like the point where we started doubling down
- 1:01:50and saying oh we want 58 K to stay down forever with with the
- 1:01:54help of people like SPF and Del Quan and all those other great
- 1:01:59guys that I great guys, they they were, I guess they could
- 1:02:06probably be part of the gang too.
- 1:02:07But anyway it's we were kind of just doubling down on having fun
- 1:02:11against like bigger accounts because it was causing such
- 1:02:16frustration. And I think at this point it's
- 1:02:20like, yeah, I I think you guys have gone through enough, we've
- 1:02:25gone through enough enough of the the downside price action at
- 1:02:29this point. I.
- 1:02:31I appreciate that you wait wait wait Nico before we move on I
- 1:02:34I'd actually I think there's there's what do you always say
- 1:02:37Dennis Barry the lead I think there's some signal there
- 1:02:40because a lot of people and and we get all the time in the chat
- 1:02:43that are always asking like how can I help and and you know work
- 1:02:46for Bitcoin and I think you're just like a perfect example of
- 1:02:49like look just do stuff for companies and and maybe you can
- 1:02:53find your way in the Bitcoin space.
- 1:02:54So how did you get into just riding for BTC times or doing
- 1:02:58any of the other content? The best time guys to be honest
- 1:03:02is always to be involved in the bear market.
- 1:03:04I mean, I started with Coin Beast in the summer of 2020.
- 1:03:10It was a pretty neat time. You could you could get what
- 1:03:13like a million Sats for, I don't know, like less than 100 bucks
- 1:03:17or something like that. It was great, those.
- 1:03:19Were the days that. Was $100.
- 1:03:22No, it's like now it's $600.00 I still.
- 1:03:25Do math at that that that me too.
- 1:03:27Me. Too it was.
- 1:03:29A great time, a great time to be involved in, you know, just
- 1:03:32Bitcoin education. At that time, there was no,
- 1:03:34there was really no competition at that at that point for riders
- 1:03:38who wanted to like, write about Bitcoin.
- 1:03:42That's kind of where I got started.
- 1:03:44And then like month by month I do a piece for them every now
- 1:03:47and then and then around, what was it, 2022?
- 1:03:53Yeah, I got in contact with Gandalf because he was running
- 1:03:56BTC times at the time and I was writing stories for him as well.
- 1:04:02And then eventually it just led to the editor position there.
- 1:04:05So I don't know, just just hang around be, you know be involved
- 1:04:09with certain groups or certain channels Like even with simply
- 1:04:13Bitcoin, there's always opportunities there that you
- 1:04:16guys bring out all the time. Even mentioning companies like
- 1:04:21all the all the viewers are from those companies and they might
- 1:04:24be in the chat and you could just, I don't know, hit them up
- 1:04:26in the chat or DM them directly on X or Twitter, whatever,
- 1:04:30whatever they call. Now back in my day, when 58K
- 1:04:32gang started, it was Twitter. But it's, yeah, just just have
- 1:04:38fun along the way guys. That's really all I can say
- 1:04:41because 20/21 was like a really a really dark time.
- 1:04:45And I think that's why Octi was talking about it before.
- 1:04:48It was like the golden era of like memes.
- 1:04:52We we had nothing to do and a lot of people were really sad.
- 1:04:55So it was like, all right, let's just let's just have fun online
- 1:04:58and create a meme or I don't know, like I didn't, I didn't
- 1:05:01plan 58K gang at all. It's just like, I'm going to do
- 1:05:03this because I was having fun while everyone else was freaking
- 1:05:06out about, like, I don't know, killer Hornets and forest fires
- 1:05:10and stuff. In 2020, I was like, bro, I'm
- 1:05:12just gonna have fun online too. Hell yeah.
- 1:05:16Well, well, even though the suits are here, we can still
- 1:05:18have fun guys. We can still enjoy our time as
- 1:05:21we watch the field. You're wearing a Dolce and
- 1:05:24Gabbana jacket. This is, I don't know, the
- 1:05:27opti's like bull market, Like you're gonna start seeing gold
- 1:05:30chains on OPTI. I already have already know I
- 1:05:34already. Have you're going to start
- 1:05:35seeing gold chain like bigger and thicker gold chains on Opti.
- 1:05:40Well, well, well, well, Scarface.
- 1:05:42Well, once. Once gold gets demonetized.
- 1:05:46I've been saying this for a while.
- 1:05:47I'm going to be as gaudy as possible and get gold
- 1:05:49everywhere. And this isn't Dolce and
- 1:05:52Gabbana. I had to look at the tag.
- 1:05:53It's wax London. This is a flannel.
- 1:05:55There's nothing special. It's just.
- 1:05:56It's just just pretty I like it. Dolce Gabbana.
- 1:06:00No, no, I'm not from Miami like you, bro.
- 1:06:02I I just got some style all right.
- 1:06:04Oh man, bro. Oh man.
- 1:06:06Oh, what a, what a show today, guys.
- 1:06:09What a ride. We we literally endured the
- 1:06:12volatility on air with you guys. Absolute trip.
- 1:06:16Absolute. You know, honor and privilege to
- 1:06:19have, you know this epic memer as their guest today.
- 1:06:22Dennis 58K gang. That's a that's an epic meme
- 1:06:26that was created and it it really kept a lot of people's
- 1:06:28spirits of up during the, you know, the previous bear market
- 1:06:33and it will forever live in Bitcoin history and hopefully
- 1:06:37the next meme that's created. Forever live in Bitcoin history?
- 1:06:41I don't know. It'll live in our hearts
- 1:06:43forever. I mean, dude, whatever you do on
- 1:06:45the Internet lives forever. What are you talking about?
- 1:06:49Here we go. This is true.
- 1:06:50This is true. Well, you know, one day, one
- 1:06:52day, you know, when we're old and Dennis is sitting by his
- 1:06:55fireplace, his his grand great, great grandchildren will look up
- 1:06:59to him. Be like grandpa.
- 1:07:02Grandpa Paul started 58K gang. Oh man, they're like, what is
- 1:07:07what is Fiat? Oh, man.
- 1:07:09All right, guys, you could follow Dennis at Satoshi Dennis
- 1:07:12on on Twitter and I'm sure he has a noster as well.
- 1:07:16We love you all. We're simply Bitcoin.
- 1:07:18Yeah, you do know you're M pub. Yeah, he's not gonna read that
- 1:07:21one. Yeah, I'll read out.
- 1:07:23This one and 125Z. Anyways guys, if you enjoyed the
- 1:07:29show, you know to do smash the like button.
- 1:07:30Consider subscribing if you feel like we provided you value.
- 1:07:32But the number one thing you could do to help push the
- 1:07:34peaceful Bitcoin revolution. Share Bitcoin content.
- 1:07:36Share Bitcoin culture. Share Bitcoin music.
- 1:07:38Share Bitcoin art. That's how we win.
- 1:07:40We have to take over the culture.
- 1:07:41That's how we win this war. Anyways, go follow Dennis on
- 1:07:44Twitter. Epic memer, hilarious account.
- 1:07:46And of course we always appreciate proof of work coming
- 1:07:49from Bitcoiners. It's just that's how we win.
- 1:07:51We just got to work, work, work, work, work.
- 1:07:53But guys really appreciate the show.
- 1:07:55Epic show today with this, this volatility, I will be at Bitcoin
- 1:08:00Atlantis for the next couple of days.
- 1:08:04So opti's gonna be holding it down Thursday, Friday and
- 1:08:07Monday. Wait, wait, wait, Nico, we have
- 1:08:10a request in the chat. What is the request?
- 1:08:15Air horns. OK, got it.
- 1:08:17So, yeah, you're going to be hearing a lot more air horns
- 1:08:18since Opti's going to be in the driver's seat.
- 1:08:21So yeah, Opti's going to be holding down the show Thursday,
- 1:08:24Friday and Monday. I'll be at Bitcoin Atlantis.
- 1:08:27I'll be back for the Tuesday show, and we'll have an IRL
- 1:08:29later on tonight. Love you all.
- 1:08:31Thank you guys so much for tuning into another episode of
- 1:08:33Simply Bitcoin Live. We'll see you tomorrow for a
- 1:08:36brand new episode. Peace out, everybody.
- 1:08:39Today's episode was brought to you by bitcoinwell.com, a
- 1:08:42Bitcoin only platform on a mission to enable financial
- 1:08:45independence.