Latest / Simply Bitcoin / Robert Kiyosaki: Buy Bitcoin NOW, Before Market Crash | EP 828

Transcript

Robert Kiyosaki: Buy Bitcoin NOW, Before Market Crash | EP 828 · Simply Bitcoin

• 0:07
  It's. All going to zero against
• 0:09
  Bitcoin. It's going up forever.
• 0:19
  You're against Bitcoin. You're against freedom.
• 0:23
  Yeah. Welcome to Simply Bitcoin Live
• 0:25
  or your number one source for the peaceful Bitcoin revolution.
• 0:28
  With cover Breaking News, Culture, Matic Warfare, we will
• 0:30
  be your guide through the separation of Money and state.
• 0:35
  Robert Kiyosaki. He is the author of Rich Dad,
• 0:38
  Poor Dad. It was one of the most
• 0:41
  influential books that I read in my professional career.
• 0:46
  In fact, it was one of the first books that I read in my late
• 0:53
  either my late teens, early 20s. I I dropped out of college.
• 0:57
  So I took the I I took the the non normal path, the path or my
• 1:04
  parents are like you're never going to make anything of
• 1:06
  yourself. And that book was a big
• 1:09
  inspiration for me. It motivated me and it really
• 1:13
  kind of changed my mindset on what is money, what is
• 1:18
  entrepreneurship, you know, what is wealth?
• 1:22
  So I highly recommend that book if you haven't read it.
• 1:24
  And the reason I'm talking about this individual today is because
• 1:27
  he's pretty based, He likes Bitcoin, he likes Bitcoin a lot.
• 1:31
  And he tweeted something, something actually, that he's
• 1:35
  been tweeting for quite a while. And essentially what he's saying
• 1:38
  is, look, there's a market crash coming and you better get
• 1:43
  yourself some Bitcoin, you better get yourself some gold,
• 1:46
  and you pray to get yourself some silver.
• 1:48
  Obviously, I don't agree with, you know, the big the gold and
• 1:52
  the silver. It's not the gold in itself is
• 1:55
  bad. I just think that the market is,
• 1:57
  the gold market is captured because of gold centralization,
• 2:01
  because of because of its physical characteristics.
• 2:04
  It leads to a lot of people custodying their gold, and I
• 2:07
  think that inevitably leads to rehypothecation.
• 2:10
  That inevitably leads to manipulation, right?
• 2:13
  So yeah, I think Bitcoin is the insurance.
• 2:17
  But most importantly, if this news was just on itself, you
• 2:21
  would say, Nico, this is a bunch of noise, right?
• 2:23
  Like, what does it matter if another person is saying to buy
• 2:26
  Bitcoin? Well, you guys know the deal.
• 2:28
  What we do here, it's simply Bitcoin.
• 2:29
  Connect the dots. Remember all the people that are
• 2:33
  saying buy Bitcoin The other day, I think it was yesterday's
• 2:37
  episode. You had Jordan Peterson.
• 2:40
  So you have another influencer. You have another person who has
• 2:43
  a huge following who's the author of a a very, very famous
• 2:47
  book, Rich dad, poor dad. It's a very influential book.
• 2:51
  Also saying the quiet part out loud, buy Bitcoin as insurance,
• 2:56
  get on the life raft. So that is awesome.
• 3:00
  We're going to talk about. We're going to talk about that
• 3:02
  today and also in the European Union.
• 3:06
  European Union passed D AC-8. And essentially what that would
• 3:12
  do is it would force crypto service providers to report all
• 3:16
  transaction information on EU clients, which is very,
• 3:20
  something very, very similar to the Elizabeth Warren bill that
• 3:23
  we covered on yesterday's episode.
• 3:25
  So yeah, so we covered Jordan Peterson on Monday.
• 3:28
  We covered the Elizabeth Warren stuff yesterday.
• 3:30
  So, you know, you could see where all these countries, the
• 3:33
  direction that all these countries are heading as the
• 3:37
  separation of money in state accelerates and the nation state
• 3:41
  tries to maintain that privilege, the privilege, the
• 3:44
  control of money, the monopoly over money.
• 3:48
  But I I don't think you can stop an idea whose time has come.
• 3:54
  So they're going to have a very, very hard time stopping that.
• 3:57
  I'm very excited for today's show.
• 3:59
  It's Wednesday, we're halfway through the week.
• 4:01
  It's time to bring up my legendary cohost who is
• 4:05
  literally smiling and laughing. This is Aussie all the time.
• 4:09
  How you doing, brother? What's up?
• 4:11
  I'm doing great. I I'm just laughing at you
• 4:13
  because like hey, you know I I was joking before the show.
• 4:16
  I was like OK let's just get the show done and you're like I I
• 4:19
  live for this stuff. This is what I do and it still
• 4:23
  work. But we we'd love to do this man.
• 4:25
  And yeah to to your point you know I I remember reading Robert
• 4:30
  Kiyosaki's rich dad poor dad. My early days right before I
• 4:33
  found Bitcoin, and it was definitely one of those defining
• 4:37
  books in my life that. No, I think I've kind of come a
• 4:40
  long way since then, but it was one of those books that
• 4:42
  definitely got me reading, or at least thinking about money
• 4:46
  correctly. Anyways, on that point last week
• 4:50
  we had a Neil on and someone asked what are some of the
• 4:54
  Bitcoin fundamentals? And so I went on my Noster
• 4:56
  yesterday and I and I asked people what they thought are
• 4:59
  some Bitcoin fundamentals and shout out the Darth Coin are
• 5:02
  simply Bitcoin Telegram group moderator.
• 5:06
  He's the Darth Mod. He's the Darth Mod.
• 5:09
  And he gave me one of his articles.
• 5:10
  So I'm going to use that as a jump off point.
• 5:13
  So hopefully some new people that are in the chat.
• 5:15
  I saw someone say they just got their first, you know their
• 5:19
  first Bitcoin. They're just they just started
• 5:20
  stacking. So you know we're going to
• 5:22
  double down on this. Hopefully there's some new
• 5:24
  people in the simply Bitcoin YouTube that maybe aren't as
• 5:28
  familiar with everything that we know.
• 5:29
  We we're trying to get them on board.
• 5:31
  You know, I, I, I know you guys, I I can hear you guys saying,
• 5:34
  you know, Opti repeats himself so much.
• 5:36
  But hey, we're trying to get everyone on the same.
• 5:39
  Page Not everyone understands as much as you do, and as I
• 5:42
  jokingly say all the time, I I think I've forgotten more about
• 5:45
  Bitcoin than I remember. But all you need to remember is
• 5:48
  stacks at stay humble, stay solvent, take your Bitcoin off
• 5:51
  the exchange. Keep it simple guys.
• 5:52
  So we're going to kind of get back to some fundamentals, give
• 5:55
  you guys some, as dark coin says, some Bitcoin commandments,
• 5:59
  and we'll kind of have a little chat about that.
• 6:02
  I'd like to get or pick Nico's brain about what he thinks are
• 6:06
  some of the fundamentals as well.
• 6:07
  So. We got a good show.
• 6:09
  I think actually it's gonna be a fitting show with the the Robert
• 6:12
  Kiyosaki news as well. Robert Kiyosaki man, it's
• 6:16
  absolute legend. Love, love his work, love the
• 6:19
  book that he wrote. Also guys if you're enjoying the
• 6:22
  show help us break 100 likes within the first hour.
• 6:26
  I think yesterday or the day before we broke 200 likes.
• 6:30
  So if you're watching the live stream right now on Rumble,
• 6:33
  YouTube, Twitter, make sure to smash that like, but also join
• 6:37
  simply Telegram group. It's absolutely free.
• 6:41
  We're about to hit 1000 people in there so just go to T dot me
• 6:46
  simply Bitcoin TV. Join it.
• 6:48
  It's a party. You could tag Opti there with
• 6:51
  some memes and he'll feature him on the show.
• 6:53
  All right everybody, no more delay.
• 6:55
  Let's jump straight into the numbers.
• 6:57
  We got a lot to talk about today.
• 6:58
  Let's check it out. The Bitcoin numbers.
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  on fucking titanium bro. Titanium Anyways, the Bitcoin
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  price at the recording is 27,155 sats per dollar. 3683 block
• 8:30
  height 808,601 blocks to having 31,399 having estimate April
• 8:39
  21st 2024. Total lightning network capacity
• 8:42
  4829 Bitcoin capacity value 131 million U.S. dollars.
• 8:50
  Realized monetary inflation Rate inflation 1.75% Continuing to
• 8:55
  take Fiat currencies to absolute school.
• 8:58
  Market capitalization $529 billion of the B Bitcoin versus
• 9:05
  gold market cap 4.09%. In the grand scheme of things
• 9:10
  Bitcoin is still a tiny little baby.
• 9:13
  Anyways, something to point out, something very interesting,
• 9:17
  which is the Bitcoin versus gold market gap that will continue to
• 9:21
  go up if Bitcoin reaches the gold market cap.
• 9:26
  That is $500 million. Sorry yes, $500,000 per Bitcoin.
• 9:34
  Rough estimate. So and we all know that Bitcoin
• 9:39
  is better than gold because of its physical characteristics.
• 9:43
  Again, I know a lot of people that like gold in the chat and I
• 9:46
  appreciate you all and I'm, I'm a fan of gold too.
• 9:48
  Gold bar like physical gold, I'm a big fan of.
• 9:51
  But problem is that most people don't like, they don't they
• 9:56
  don't buy physical gold, they buy paper gold.
• 10:00
  That's the issue right? With Bitcoin, you know it allows
• 10:03
  you to take self custody of your Bitcoin extremely easy.
• 10:07
  You don't. You don't have, you don't have
• 10:08
  to wait for it to get physically mailed to you.
• 10:12
  If you go to El Salvador, where Bitcoin is legal tender and you
• 10:16
  go to a McDonald's, you know, you could pay with your Bitcoin
• 10:20
  because Bitcoin has a bunch of decimal places.
• 10:23
  You know, it's divisible, it's goes through the Internet.
• 10:25
  If you use Lightning Network, it's instantaneous.
• 10:28
  You know the main chain, right? It's roughly 10 minutes
• 10:31
  settlement, but you'll still see the transaction immediately.
• 10:36
  So yeah, with gold, what are you gonna take out like a little
• 10:38
  tiny pickaxe and a little weight and then like weigh how much
• 10:41
  you're gonna, you know, like, OK this I'm going to pay you .00
• 10:46
  grams of gold for my Big Mac. Like, you know, like I get it
• 10:50
  and and and and I'll say this like I think a lot of the gold
• 10:53
  bugs are fundamentally right. I think that they identified the
• 10:57
  issue with money. They identified the issue of
• 11:01
  Fiat money. They identified the issue that
• 11:03
  we need to go back to the sound money standard.
• 11:06
  But I think where they get it wrong is the tool on which to do
• 11:13
  that with, right? Because gold was coopted, right?
• 11:16
  And then it wasn't only here in the US, and it wasn't only in
• 11:19
  the modern area. In the modern era, this has
• 11:21
  happened in the past. It happened during the Roman,
• 11:24
  the Roman Empire, right? You could literally see that
• 11:27
  over time they did exactly the same thing.
• 11:29
  They devalued the currency. I think it started with 93%.
• 11:34
  I think if they use silver as the precious metal and then
• 11:37
  towards the end of the Roman Empire was like .03% silver each
• 11:41
  dinars coin, right. So yeah it's like you know
• 11:45
  whether what is the definition of insanity trying the same
• 11:47
  thing and expecting different results.
• 11:49
  It's try, it's time to try something new.
• 11:52
  Always on another note and you know you know you guys know the
• 11:55
  deal by now. We watched videos and we react
• 11:58
  to them. That's what we do during the
• 11:59
  numbers segment. However during the meme segment
• 12:02
  we say something really important.
• 12:04
  We say this is information, narrative, trench warfare, and
• 12:08
  every single meme that you drop and every single tweet or X that
• 12:13
  you like, every single YouTube video that you watch that you
• 12:16
  interact with. Every single rumble video, every
• 12:18
  single Twitter repro, every single Noster post that you
• 12:21
  react to, that is a metaphorical bullet in this narrative trench
• 12:28
  warfare that we're fighting. Remember, this isn't a kinetic
• 12:31
  war. We're not trying to kill as many
• 12:33
  people on the other side. What we're really trying to do
• 12:36
  is win over as many hearts and minds as possible.
• 12:40
  And this is only simply Bitcoin saying this, this is a member of
• 12:44
  the United Nations. This is the same United Nations
• 12:46
  that was advocating for the banning of crypto currencies to
• 12:50
  stop developing nations from adopting crypto currencies from
• 12:54
  adopting Bitcoin, even though it would definitely help them
• 12:57
  because it's usually developing nations that have issues with
• 13:01
  high inflation. But let's take a look at what
• 13:03
  she has to say about censoring and censoring information.
• 13:08
  And like NVK correctly pointed out, This is why platforms like
• 13:13
  Noster are so important. This is why money like Bitcoin,
• 13:17
  is so important. Because no matter how much the
• 13:20
  central planners want to censor you or D or debank you, they
• 13:25
  physically or they literally cannot do so, right?
• 13:29
  And that's why these change. That's why these technologies
• 13:31
  eventually will become forcing functions.
• 13:34
  Look at what happened with Russell Brand, one of the most
• 13:36
  popular independent content creators.
• 13:39
  He just got his YouTube channel demonetized because of
• 13:44
  allegations that were placed against him, apparently with no
• 13:49
  evidence whatsoever. Many, many, many years go.
• 13:53
  And what do they do? They weaponize the money the
• 13:56
  platform. Weaponize the money.
• 13:58
  You don't tout the party line. We're going to cut off your
• 14:00
  bank. And this has happened many, many
• 14:02
  times. Anyways, let's hear what she has
• 14:04
  to say. And of course, firings at
• 14:08
  Twitter have left us with no one to call to flag content that is
• 14:14
  abusive or even incitement to to violence.
• 14:17
  We're now seeing that almost anyone can promote
• 14:20
  disinformation. For the price of a blue tick.
• 14:25
  So we've still it's not all bad. We have teamed up with the
• 14:30
  platforms to elevate reliable information around COVID and
• 14:34
  Climate to amplify trusted Messengers.
• 14:37
  And we have quite an army of them out there who want to take
• 14:41
  you and content and promote it within their followings and also
• 14:47
  educating users on how to slow the spread.
• 14:51
  Of disinformation, our new slogan that we want to have
• 14:55
  every everybody have in their ear when they're online is
• 14:59
  pause, Take care before you share.
• 15:03
  But yet we do feel like we are in information more and that we
• 15:07
  need to massively ramp up our response.
• 15:11
  So we're creating at the UN essential capacity to monitor,
• 15:15
  monitor and also have the ability to rapidly react.
• 15:20
  When MIS and disinformation and hate speech is threatening not
• 15:23
  just our people, our operations, but also the issues and the
• 15:27
  causes that we're working on. But also we're going to be
• 15:31
  gearing up our verified initiative around climate change
• 15:33
  and developing this UN code of conduct on information integrity
• 15:39
  on digital platforms, hoping to set global standards that we can
• 15:44
  all advocate around so that we can collective.
• 15:50
  OK, so a lot of things to unpack there, right?
• 15:55
  Which is just absolutely absurd. A UN army to propagate
• 16:00
  information. Basically what she's No, there's
• 16:04
  no one on Twitter to call now to basically D platform people now
• 16:09
  that Elon is in charge. Now anyone could buy a blue
• 16:14
  check which makes them equal to, let's say, a legacy media, a
• 16:19
  legacy corporate media journalist that used to have a
• 16:22
  very special privilege with that blue check mark, right.
• 16:26
  This is absolutely absurd. So if it doesn't come from the
• 16:29
  United Nations, it's misinformation like that that
• 16:34
  that's basically what she's saying.
• 16:35
  And she says we have an army to propagate that.
• 16:39
  Well, guess what? We have a fucking army too.
• 16:42
  We have an army of bitcoiners. And you know what?
• 16:45
  The Internet is our field. That's where we have home field
• 16:50
  advantage. Our memes are better than theirs
• 16:52
  because memes do not make sense unless they're based on truth,
• 16:57
  period. So come at us like that's like
• 17:02
  come at us with with facts, come at us with arguments, Come at us
• 17:06
  with your own memes. But you can't do that.
• 17:10
  You can't compete when there's open dialogue.
• 17:12
  So what do you want to do instead?
• 17:15
  You want a deep platform. This is insane.
• 17:18
  And but she's absolutely right where she's saying that this is
• 17:22
  information warfare. I 100% agree.
• 17:25
  The problem is, which she's correctly identifying though, is
• 17:29
  that hey, if there's a if there's a fair, if there's a if
• 17:33
  there's a a fair ground for ideas to compete in the free
• 17:38
  market of ideas, all of a sudden their ideas don't seem so
• 17:42
  appealing. And she's talking in absolutes
• 17:44
  when she was talking about the pandemic, and she's talking
• 17:48
  about absolutes when she was talking about, you know, the
• 17:51
  climate change. People have different opinions
• 17:54
  on that. There's open discourse on that.
• 17:58
  There's a lot of things that you could say without getting into
• 18:01
  specifics that happened during the pandemic that didn't exactly
• 18:05
  go well. And the fact that they just want
• 18:10
  us to accept it and shut up blows my mind.
• 18:14
  But I'm going to make the case. Actually, I'm going to read you
• 18:17
  a tweet by Jeff Booth that makes the case that the root cause of
• 18:21
  this is broken money. So we're going to get to that in
• 18:25
  a second. But here is one of the United
• 18:27
  Nations policy brief, something that we focused a lot.
• 18:30
  We focused many episodes on this policy brief and this is one of
• 18:35
  the reports that they came out says all that glitters is not
• 18:38
  gold. The high cost of leaving crypto
• 18:40
  currencies unregulated. The global use of crypto
• 18:44
  currencies instead increase exponentially during the
• 18:47
  pandemic. Such private digital currencies
• 18:50
  have become part particularly prevalent in developing
• 18:53
  countries, entailings considerable risks and costs
• 18:57
  regarding national monetary sovereignty, policy space and
• 19:00
  macroeconomic stability. What about the macroeconomic
• 19:04
  stability? What about the risk of
• 19:07
  inflation? Why is that never talked about?
• 19:10
  Why don't they ever write papers about Argentina dealing with
• 19:14
  100% plus inflation? Why don't they ever talk about
• 19:19
  Venezuela dealing with that? Why don't they ever talk about
• 19:21
  Turkey dealing with that? No, it's somehow it's the
• 19:24
  boogeyman of crypto currencies. They are the risk.
• 19:26
  Well, you know what? The only country that made
• 19:29
  Bitcoin legal tender is a currently experiencing A booming
• 19:35
  economy, peace, stability, optimism about the future.
• 19:40
  And the country that took the advice from the I MF Argentina
• 19:48
  and took that bailout is getting worse.
• 19:52
  So and what she's basically saying is like, no, like it,
• 19:56
  like it's our way or the highway in terms of speech.
• 19:59
  And I think Jeff Booth correctly pointed this out, right.
• 20:03
  And here's Elon Musk, who currently bought Twitter, who
• 20:06
  she was complaining about, and she and he said how does most of
• 20:10
  the legacy media go from superheroes of free speech to
• 20:14
  super villains of speech suppression?
• 20:16
  Jeff Booth replies because broken money ensures the
• 20:19
  centralization of power by stealing the productivity
• 20:22
  through inflation that should flow to society in the form of
• 20:26
  lower prices, then those enriched by the theft and
• 20:30
  subsequent power must control the messaging to keep it so.
• 20:35
  This is what's happening. Broken money has disaligned the
• 20:39
  incentives of society. It's it's created Frankenstein
• 20:44
  organizations like the World Economic Forum.
• 20:47
  It's, it's it's Frankenstein organizations that were created
• 20:52
  for good causes like the IMF, like the World Bank, supposedly,
• 20:57
  like the United Nations. And it's Frankenstein them.
• 21:01
  And I think that they are no longer interested in doing
• 21:04
  what's good for the world. Supposedly they're doing what's
• 21:08
  good for themselves. But you can't blame them every
• 21:12
  no one is better than their incentives.
• 21:15
  Bitcoin fixes this because it creates an aligned incentive
• 21:18
  structure system. So me, by following my own greed
• 21:23
  and my own and my own incentives, I'm actually helping
• 21:28
  everyone else's. And it's not a coincidence that
• 21:32
  the first country that made Bitcoin legal tender, the
• 21:35
  politician that was elected, is actually doing the things that
• 21:39
  he said he was going to do if he got elected with a 92% approval
• 21:45
  rating. And all the criticism that's
• 21:48
  going against Nambu Kale is coming from developed countries
• 21:52
  that have financial privilege and whose politicians have below
• 21:58
  50% approval rating. So maybe they should shut the F
• 22:03
  up and focus on making things better in their countries before
• 22:08
  passing judgment on a small, tiny Latin American country.
• 22:12
  So you know, I I really say Bitcoin or slavery all the time,
• 22:18
  but it is really all-encompassing.
• 22:19
  Like it is not just in terms of Bitcoin.
• 22:23
  It is not just in terms of of, you know, OK, Bitcoin, freedom,
• 22:31
  freedom, wealth, opportunity, prosperity versus slavery, which
• 22:37
  is Cbdc's. It is.
• 22:39
  Do you want a life of freedom of speech where you can say what
• 22:43
  you want to say where your opinion is heard?
• 22:46
  Or do you want to live in the Fiat system in the central bank
• 22:51
  digital currency system? Because if you want to live in
• 22:54
  the slavery system, it's not just about your money
• 22:56
  controlling you, but your speech would be controlled as as well,
• 23:00
  just like Jeff Booth just pointed out.
• 23:03
  So if you don't fix the root cause, the root issue.
• 23:07
  That's why I get so pissed off sometimes when people start to
• 23:11
  get lost in the sauce with the left and the right bullshit.
• 23:15
  Because even if you elect this person right, the the US is a
• 23:20
  perfect example, right? You know who's ever in office?
• 23:24
  The Republican or Democrat. They print money.
• 23:27
  Period. It doesn't matter who you elect
• 23:30
  into who you vote into power, the issue remains the same,
• 23:34
  right? So it is not a political it is
• 23:38
  this is not, there's not a political solution to this.
• 23:41
  There is an opt out solution to this.
• 23:44
  It is about taking back your destiny, your wealth, your
• 23:47
  energy, your time, your work back into your own hands.
• 23:53
  And by choosing to opt out and by doing that and by just taking
• 23:58
  Bitcoin into self custody, just the mere action of doing that.
• 24:03
  You are part of the revolution, whether you are aware of it or
• 24:07
  not, and over time that will force.
• 24:11
  That's a forcing function, right?
• 24:14
  That will lead to more decentralization.
• 24:17
  And with more decentralization and with less centralization of
• 24:21
  the wealth, you'll stop having these.
• 24:25
  I don't even want to label them, but you'll stop having these
• 24:28
  misguided people that think they know what's best for you and
• 24:34
  that you do not have the brains to make your own decision.
• 24:39
  These are the same people that telling that are telling you
• 24:42
  that everything and anything, but then printing money is the
• 24:47
  cause of inflation. Like, I forgive me if I don't
• 24:52
  believe you at this point. You guys have really fucked it
• 24:55
  up for the last three years. Like there is so many things
• 25:00
  that you guys got completely fucking wrong and including the
• 25:04
  whole Bitcoin thing. If we listen to you about
• 25:07
  Bitcoin, if El Salvador listened to your advice about Bitcoin,
• 25:10
  they would have been really fucked.
• 25:12
  Just how Argentina got royal really fucked.
• 25:16
  And they listened to the I MF. So like, look, you can moral
• 25:20
  grandstand. You can hide behind the
• 25:22
  coattails of the legitimacy of We are the I MF, we are the
• 25:26
  United Nations. But forgive me, I'm a fucking
• 25:29
  millennial. I'm a Gen. zier.
• 25:31
  We don't have the opportunity that you guys had.
• 25:34
  You stole it from us by printing fucking money.
• 25:37
  So I'm choosing to opt out of your bullshit into Bitcoin.
• 25:41
  That is what I'm doing, and I know that my kids are going to
• 25:45
  benefit from it. And if you're against that, you
• 25:48
  what you're really saying, what could the message that you're
• 25:51
  really conveying to me is that I don't want you to use the money
• 25:56
  that doesn't steal from you to benefit me.
• 26:00
  Fuck that. Opt out.
• 26:02
  Choose Bitcoin. That's what I got to say.
• 26:05
  Opti, what's your take? Let's go.
• 26:11
  All right, all right. Bars.
• 26:12
  Absolute bars. I love it, Nico.
• 26:13
  Love when you get animated on the show.
• 26:16
  But my first thought is obviously a troll.
• 26:18
  It was just like, trust the experts, bro.
• 26:20
  Like we know what's best for you.
• 26:21
  And as you're saying, it's just a slap in the face, man.
• 26:24
  And I absolutely love when the Parasitic Class says exactly
• 26:28
  what we've been saying on the show for a while.
• 26:30
  I mean, you know, we we keep this show as light hearted as
• 26:32
  possible and we do the mean review at the very end of the
• 26:35
  show. And I say it every single day.
• 26:37
  You know, we are in an information war and we have
• 26:39
  truth on our side and we battle it with memes.
• 26:41
  We battle it with propagating the Bitcoin message.
• 26:44
  And she even said it herself. I well, who's this like head of
• 26:48
  the UN or something? I don't know bro.
• 26:50
  But she thinks she knows what's best.
• 26:51
  We don't have anyone to call on on Twitter the fucking the
• 26:55
  platform and censor speech bro. That's a problem.
• 26:59
  Like no. But don't worry.
• 27:00
  We got an army. Our army of mememers is better
• 27:03
  that I just want to leave that. I just want to put that on.
• 27:05
  There, but she said exactly what we've been saying and and we've
• 27:08
  been saying this for a while on the show that we are in an
• 27:11
  information war. It's not a kinetic war, It is.
• 27:14
  Is, you know, the the new evolution of warfare, which is
• 27:17
  information. They understand that we are in
• 27:20
  an attention economy. They understand that they've had
• 27:23
  control of basically popular opinion and they can shape it.
• 27:28
  And we've seen what they did in the pandemic in 2020.
• 27:31
  We've seen wait, wait, relax. It was a pandemic.
• 27:35
  It was a. Oh yeah, Oh yeah, my bad, my
• 27:37
  bad. Anyways, we've seen what they
• 27:38
  are capable of and. Now you see that it is
• 27:43
  unraveling in real time, and it is absolutely terrifying them
• 27:48
  because they're so afraid of free speech.
• 27:50
  Like they're absolutely afraid of the average person out there
• 27:54
  being able to communicate and get to the bottom of what truth
• 27:57
  is and. I mean, she said it herself.
• 28:00
  You know, like we are in information war and we have to
• 28:03
  ramp up our response against it, which is what we always talk
• 28:06
  about here. It's like all they really have
• 28:08
  is, as Bukelli wrote in that don't drink the elites kool-aid.
• 28:12
  They only have the monopoly on truth.
• 28:13
  Well, that is crumbling in real time and they're scrambling to
• 28:17
  gain that control. And and this is the power of
• 28:19
  social media. This is the power of all of us
• 28:21
  on YouTube, you know, on all of the content creators out there,
• 28:25
  whatever platform you're on. They cannot control the free
• 28:29
  market of ideas, even though they want to so bad.
• 28:31
  And they're they're trying to roll out these different
• 28:34
  opinions. Is this different narrative
• 28:35
  about like oh, we need to protect you know truth or
• 28:38
  whatever with we need a combat, disinformation misinformation
• 28:42
  programs and just trust us bro. We know what's best for you and
• 28:46
  as a bitcoiner. The only reason I'm a bitcoiner
• 28:49
  is because I wanted to seek truth.
• 28:51
  And and I think Bitcoin, as you know Austrian economics shows
• 28:55
  us, is like it's fully based in truth.
• 28:57
  And the more that the parasitic class tries to control
• 29:01
  information, the more I think the average person is waking up
• 29:04
  to it because. As we always say, you can't hide
• 29:07
  the sticker shock and people are getting poorer.
• 29:08
  People are seeing the D platforms for for arbitrary,
• 29:12
  stupid, minimal reasons. And they're like, wait, what is
• 29:14
  going on? Why are they combating this so
• 29:16
  hard? Why are they trying to control
• 29:18
  the information so hard? Why are they trying to corral us
• 29:20
  into a central bank digital control mechanism?
• 29:23
  Why do I need to ID everything? Why do we need a digital
• 29:25
  identification system? Like what is actually going on
• 29:28
  right now? And I think it's kind of human
• 29:30
  psychology. I keep doubling back on this
• 29:32
  idea. It's like people need to feel
• 29:34
  the pain. And the more this stuff rolls
• 29:36
  out, of course, there's still people out there that believe
• 29:39
  the facade that the, you know, the powers that be are here for
• 29:43
  for your benefit. But the majority of people are
• 29:45
  starting to wake up to the idea that we've been saying for a
• 29:48
  long time. You know, the the conspiracy
• 29:51
  theorists have been right for so long and they want to control
• 29:54
  information and and they're going to continue to try to
• 29:56
  double down on that. But I really do believe that
• 29:59
  they have lost that control. And this is this is literally
• 30:03
  like the last thin facade. Thought of them still kind of
• 30:07
  projecting themselves as the arbiters of truth.
• 30:10
  If you guys are on social media you guys know that they have no
• 30:14
  relevance and it's really about waking up the average person to
• 30:18
  the I don't know the just the hypocrisy that's going on in the
• 30:22
  world and and wake up the average person to the lies that
• 30:25
  are actively happening and they they just continue to double
• 30:28
  down on it. It's like.
• 30:30
  You are an expert. Remember what I tell you guys
• 30:32
  all the time? Like you have a brain.
• 30:34
  Trust yourself that you know that you can read the facts and
• 30:37
  you know what the truth is. Because even though they will
• 30:40
  bombard you with all the noise possible in this information or
• 30:43
  in her words, not mine, You just got to remember the fundamentals
• 30:47
  of what's going on. That you know what's right, that
• 30:50
  you know what's up from down, that you know Bitcoin is the
• 30:52
  best money. That you know, they're trying to
• 30:54
  control information. That they're trying to that the
• 30:56
  basically the suits do not have your best interest in mind.
• 30:59
  It is all about the underlying money.
• 31:04
  It is all about the money. Yeah, What's the saying?
• 31:06
  Follow the money and you'll see where they're going.
• 31:08
  It's like, it's so simple. Broken money, broken world.
• 31:11
  Like it. It's it's really as simple as
• 31:13
  that. And I think we live in a broken
• 31:15
  world because of the broken money.
• 31:17
  All right guys, before we move on to the news, I'm going to
• 31:19
  give a very special shout out to the largest Bitcoin conference
• 31:24
  on the face of the earth, Bitcoin 2024.
• 31:28
  It's going to be in Nashville, TN this year.
• 31:32
  You definitely don't want to miss it.
• 31:34
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• 31:40
  for a GA ticket 349, for an industry pass 849 and for a
• 31:45
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• 31:49
  guys. You can use promo code simply to
• 31:52
  get a 10% discount on these already discounted tickets to
• 31:55
  the largest Bitcoin conference on planet Earth, Bitcoin 2024 in
• 32:00
  Nashville, TN All right everybody, let's get to the
• 32:03
  news. The Daily News I want to give a
• 32:10
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• 32:13
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  the show notes below to learn more.
• 33:06
  Hello Yellow, How did you call me on a hardware wallet bro?
• 33:11
  This makes no sense. Anyways guys take self custody.
• 33:15
  Get yourself a passport hardware wallet.
• 33:18
  Take self custody of your Bitcoin.
• 33:19
  Not your keys, not your Bitcoin. And somehow Yellow has figured
• 33:22
  out how to give me a call on this.
• 33:25
  It's not even connected to the Internet.
• 33:27
  Yellow. Get out of my things and out of
• 33:29
  my fridge, bro. Not.
• 33:30
  It's too much, dude. Too much.
• 33:32
  All right, everybody. I'm getting older.
• 33:35
  Dad jokes anyways. Dad jokes.
• 33:37
  Confirmed of Dad jokes. Perfect segue.
• 33:40
  I timed that. Let's talk about author Robert
• 33:45
  Kiyosaki's Who is the author of Rich Dad Poor Dad.
• 33:50
  I highly recommend the book. One of the most influential
• 33:53
  books in my my career. Personally, I definitely,
• 33:57
  definitely recommend it. It's an amazing book.
• 34:01
  Anyways, he had some things to say about Bitcoin, so let's
• 34:04
  check it out. It was actually a tweet from him
• 34:08
  and it to the point that articles and publications were
• 34:12
  were were checking it out. So let's read the original
• 34:14
  tweet, he said. I am constantly asked what price
• 34:18
  will Gold, Silver, Bitcoin be in 2025.
• 34:22
  My reply is that this is a silly question.
• 34:24
  More important question is how many gold, silver, bitcoins do
• 34:28
  you have today? Gold, silver, Bitcoin are
• 34:30
  bargains today but not tomorrow. America is broke by GSBC today
• 34:37
  before stocks, bonds, real estate crash and people rush for
• 34:41
  GSBC. So when he says GSBC, that's not
• 34:44
  a shit coin. He's referring to gold stocks,
• 34:48
  Bitcoin. I guess BC means Bitcoin.
• 34:51
  I don't know. I don't know what the stand the
• 34:54
  C stands for. But yes, the author of Rich Dad,
• 34:57
  Poor Dad is basically saying by yourself some Bitcoin.
• 35:03
  Now let's talk a little bit about Rich Dad, Poor Dad.
• 35:08
  And I really, really want to give this this book a shout out
• 35:12
  and I highly recommend it to anybody who hasn't read it.
• 35:15
  So at the the the end of this summary, it says the book also
• 35:20
  delves into the mindset and beliefs around money.
• 35:23
  Discussing the importance of developing a positive
• 35:26
  relationship with wealth and overcoming limiting beliefs.
• 35:31
  He Osaki stresses the need for financial literacy and
• 35:34
  encourages reader to take control of their financial
• 35:37
  destinies by seeking out opportunities, learning from
• 35:40
  mistakes, and continuously educating themselves about
• 35:44
  money. What does that sound like to
• 35:46
  you? Right.
• 35:48
  Taking control of their financial destinies, Right.
• 35:51
  You could surely only do that by taking things into self custody.
• 35:54
  Bitcoin being the easiest, overcoming limiting beliefs,
• 35:59
  right? This is this is all about if you
• 36:01
  adopt A Bitcoin standard, all of a sudden you have deterministic
• 36:05
  optimism, right? All of a sudden you could see a
• 36:08
  bright orange future. It allows you to look into the
• 36:11
  future and see, okay, I could plan for the future because now
• 36:14
  my unit of account is deflationary, meaning it gains
• 36:18
  purchasing power over time versus a, you know, an
• 36:22
  inflationary mindset where you constantly have to work harder
• 36:26
  and harder and harder just to make ends meet, right?
• 36:30
  So it makes perfect sense why someone like Robert Kiyosaki
• 36:34
  will understand money. It makes perfect sense and you
• 36:38
  know it. I don't think it's a coincidence
• 36:40
  that in US public schools there is no financial education,
• 36:44
  right? Could you imagine if people
• 36:46
  knew, like, like, you know what they're doing in El Salvador,
• 36:49
  right? They're they're they're teaching
• 36:51
  the next generation of children about Bitcoin.
• 36:55
  So it becomes a lot harder for the government to indoctrinate
• 36:59
  their population into using Fiat currencies for whatever reason
• 37:03
  when people understand the benefits of sound money.
• 37:06
  So is he right about 2025? I think he absolutely hit the
• 37:11
  nail on the head. I don't think anyone knows where
• 37:13
  the price of Bitcoin is going to go in 2025.
• 37:16
  You know people are saying 100K, people are saying on the high
• 37:18
  end 182 hundred, 50K, whatever it is.
• 37:21
  But I could tell you one thing for sure.
• 37:23
  Number go up. Why?
• 37:24
  Because it's 21,000,000 divided by Infinity or Infinity divided
• 37:27
  by 21 million. Anyways, so he does he he talks
• 37:32
  about America being broke, right.
• 37:34
  So let's break that down a little bit.
• 37:36
  And because it it really isn't a, you know, it truly isn't a
• 37:42
  great picture. And this is kind of something
• 37:45
  that, you know, you look at this and you're like, okay,
• 37:49
  something's going to break, right.
• 37:51
  This is something that Dylan Leclerc Lynn Alden James Lavish.
• 37:54
  They've done incredible work covering this particular
• 37:57
  subject, but the current federal debt is not sustainable.
• 38:03
  And by the way, when I'm pulling up is not like from a bitcoiners
• 38:06
  meme or something. This is literally from a
• 38:09
  government website. This is the projected projected
• 38:14
  federal debt held by the public. Here we are in 2023 and here is
• 38:20
  the projected federal debt held by the public in 2053.
• 38:27
  Almost 200% of GDP. The interest payments alone are
• 38:33
  going to be ridiculous anyways. And why is this happening?
• 38:38
  The money printer, obviously. Here's this amazing website U.S.
• 38:41
  debt clock, and it literally breaks it down.
• 38:44
  What is the US national debt? It's $98,453 per citizen.
• 38:52
  It is $254,000 debt per taxpayer and it shows you in 1960 it was
• 39:02
  52%, in 1980 it was 34%, in 2000 it was 56%.
• 39:08
  Now it's 122%. And something that James Lavish
• 39:15
  pointed out when he came on the show show was the liabilities
• 39:20
  right. US unfunded liabilities, 193
• 39:28
  trillion dollars, $500,000 per citizen liability.
• 39:37
  So I mean like if this doesn't show you opt out.
• 39:45
  Like if this doesn't tell you opt out.
• 39:47
  I don't know what else will after that data.
• 39:50
  If Robert Kiyosaki's point about how America is broke doesn't
• 39:55
  make sense, you have definitely been listening to this lady from
• 40:00
  the UN and it definitely makes sense why she wants to deep
• 40:04
  platform everybody because she doesn't want people doing their
• 40:08
  own research. Now Ray Dalio, I know he's not
• 40:12
  exactly the biggest fan of Bitcoin, but he actually did a
• 40:16
  pretty great video that went absolutely viral on YouTube and
• 40:21
  he wrote a book. And if if I'm if I'm correct,
• 40:29
  either there's a chapter of the book or this is the book itself,
• 40:32
  the principles for dealing with the changing world order.
• 40:35
  The original video that he did, he posted on YouTube, which is a
• 40:38
  video about his book was about 45 minutes long.
• 40:41
  I highly recommend that video, but we don't have time to play
• 40:46
  you a 45 minute video. We're going to play you like a
• 40:48
  two-minute clip, but it basically summarizes what is
• 40:53
  happening in the historical sense.
• 40:56
  And while all of this is happening, you have to ask
• 40:59
  yourself how you going to protect the wealth for you, for
• 41:02
  your family, for your children. So let's check out the clip.
• 41:06
  Let's now look at the typical sequence of events going on
• 41:09
  inside a country that produces these rises and declines.
• 41:12
  In a nutshell, the big cycle typically begins after a major
• 41:16
  conflict. Often a war establishes the new
• 41:19
  leading power and the new world order.
• 41:22
  Because no one wants to challenge this power, a period
• 41:24
  of peace and prosperity typically follows.
• 41:27
  As people get used to this peace and prosperity, they
• 41:29
  increasingly bet on it continuing.
• 41:32
  They borrow money to do that, which eventually leads to a
• 41:35
  financial bubble. The empire share of trade grows
• 41:38
  and when most transactions are conducted in its currency, it
• 41:41
  becomes a reserve currency which leads to even more more.
• 41:45
  At the same time, this increased prosperity distributes wealth
• 41:49
  unevenly, so the wealth gap typically grows between the rich
• 41:52
  haves and the poor have nots. Eventually the financial bubble
• 41:56
  bursts, which leads to the printing of money and increased
• 42:01
  internal conflict between the rich and the poor, which leads
• 42:04
  to some form of revolution to redistribute wealth.
• 42:07
  This can happen peacefully or as a civil war while the Empire
• 42:11
  struggles with this internal conflict.
• 42:13
  Its power diminishes relative to external rival powers on the
• 42:17
  rise. When a new rising power gets
• 42:19
  strong enough to compete with the dominant power that is
• 42:22
  having domestic breakdowns, external conflicts, most
• 42:25
  typically wars, take place. Out of these internal and
• 42:29
  external wars come new winners and losers.
• 42:33
  Then the winners get together to create the new world order and
• 42:37
  the cycle begins again. So I think a couple things where
• 42:43
  Ray Dalio got right and a couple things he got wrong.
• 42:48
  Whoa, what is playing? We can't hit it.
• 42:53
  Are we hitting it? Go, sorry, something was playing
• 42:57
  on my end in the background anyways, so I think he correctly
• 43:05
  pointed out the historical sense.
• 43:07
  I think we're definitely in the decline aspect of things.
• 43:11
  Where they started to print money, you have crazy wealth
• 43:15
  inequalities. You're starting to, you feel the
• 43:18
  political environment in the US like it is completely polarized.
• 43:22
  Now where I think he gets it wrong because Ray Dalio makes
• 43:25
  the case that the rising world power is China.
• 43:29
  And if that's the case, the rising world power is the power
• 43:33
  that is pushing the hardest, the central bank digital currency
• 43:35
  system. Where I think he gets it wrong
• 43:38
  is, and this is where the book, the sovereign individual comes
• 43:41
  in is. I think we're heading into an
• 43:46
  era where the whole idea of the nation state is going to be
• 43:50
  questioned or is going to, or people are going to choose to
• 43:54
  opt out of that model entirely because of the Internet, What
• 43:58
  the Internet has enabled the individual to do, communicate
• 44:02
  from where? Any anywhere around the world
• 44:03
  instantaneously broadcast to everyone instantaneously.
• 44:07
  And also more importantly, choose what money you choose to
• 44:12
  Choosing what money you want to use and choosing what money you
• 44:14
  don't want to use. Now here's the question that I
• 44:17
  have for you guys, right? And this is where I think Ray
• 44:19
  Dalio gets it wrong. If most people had a choice
• 44:22
  between using a deflationary currency, currency that is
• 44:26
  censorship resistant, that doesn't care where you're from
• 44:29
  that is not politicized, versus a politicized currency that is
• 44:33
  inflationary that censors you based on how the politician
• 44:38
  feels that particular day. If Christine Lagarde had a bad
• 44:42
  date with Opti, like, holy shit, you know, screwed, right?
• 44:46
  But you guys get where I'm going with this.
• 44:48
  So yeah man, very interesting times.
• 44:52
  I think Robert Kiyosaki hit the nail on the head.
• 44:55
  Whatever You guys think the price of bitcoin's going to be
• 44:58
  2020251. Thing's for sure.
• 45:00
  America's broke. The numbers show that.
• 45:03
  The debt clock shows that Ray Dalio correctly pointed it out.
• 45:07
  But the the real question is or better said where I think he
• 45:13
  gets it wrong. And I think he got it wrong
• 45:15
  because he's looking at history and I think that Bitcoin and the
• 45:19
  fact of having a money that is separated from state that works
• 45:23
  entirely on its own, it has never happened before.
• 45:27
  So I don't blame him in that sense.
• 45:29
  Anyways, yeah, if if his theory is right, then we're going to,
• 45:34
  China's going to be the leading world power.
• 45:36
  And if China's leading is going to be the leading world power,
• 45:39
  we're definitely going to have a future of central bank digital
• 45:43
  currencies. So fuck that.
• 45:46
  I refuse to be a part of that. And look, trying to ban Bitcoin
• 45:50
  mining within their borders, those miners went to United
• 45:52
  States. So look, if the US really want
• 45:54
  wants to get their shit together, they got to stop
• 45:57
  printing money, they got to make Bitcoin legal tender and they
• 46:00
  got to end the Fed. If they don't do that, it's
• 46:03
  going to be all right. Because you know as as you
• 46:06
  individuals empowered by Bitcoin in self custody, you'll choose
• 46:10
  to opt out. And this includes opting out of
• 46:12
  a nation too, right? Which is another theory that was
• 46:14
  covered in the sovereign Individual right?
• 46:16
  Where you're gonna see more and more people renounce their
• 46:18
  citizenship and relocate to friendlier jurisdictions because
• 46:22
  it no longer makes sense to stay in certain countries, especially
• 46:26
  if you're not getting anything in return for it anyways.
• 46:29
  Crazy crazy time to be alive, Opti.
• 46:31
  What's your take on all this, brother?
• 46:33
  Yeah, first and foremost on that Dalio news, I know he's hugely
• 46:38
  invested in China, hence why he's probably incentivized to
• 46:41
  say that the next World power will be China or their currency.
• 46:46
  But I really like this. Comment right here before I go
• 46:48
  into my little rant. Opti's physically armed army of
• 46:52
  meemers says Dalio is not considering that there's a new
• 46:55
  layer of reality built on top of the physical layer.
• 46:57
  The digital layer is like a brand new rising empire of
• 47:00
  sovereign individuals, for once. He gives us some signal in the
• 47:04
  chat besides trolling us, couldn't agree more.
• 47:07
  And I, and I think this is what's going on in the world
• 47:09
  right now, we constantly talk about that.
• 47:12
  We are in, you know, a very defining moment in the world
• 47:16
  right now where there is an emerging currency that is under
• 47:20
  no one's control. And I think all the Keynesians
• 47:23
  out there, all the people that have benefited from the system
• 47:25
  as it is. And actually, before I go on and
• 47:27
  I forget this point. The system is working exactly as
• 47:31
  planned. I was gonna say this earlier.
• 47:33
  It is working exactly as it's designed to.
• 47:35
  It's to benefit those at the top.
• 47:37
  And Ray Dalli is one of the ones that obviously has profited off
• 47:41
  of it. And so I'm pretty sure he's
• 47:43
  incentivized to in a very real sense see a similar.
• 47:50
  Financial system take take hold in the future even if it's not
• 47:53
  the US. And This is why we come here as
• 47:56
  bitcoiners and a lot of bitcoiners are very much into
• 47:59
  the just like let's burn it all fucking to the ground.
• 48:02
  Because as I keep saying it's like the system is designed as
• 48:05
  it is and it's working as designed.
• 48:07
  It's the feature not a bug. It's basically to, you know,
• 48:10
  redistribute wealth from the normie from the average person
• 48:13
  to the the haves and and this is how it works.
• 48:17
  And to the Robert Kiyosaki news, you know, say what you want
• 48:20
  about Robert, but that book is one of those like defining, how
• 48:26
  do you call it like a red pill for the average person?
• 48:29
  That's just how you get into the world of how is working, how
• 48:32
  money is designed and how you should probably think about
• 48:34
  money and just doubling down. You know, America's been
• 48:37
  bankrupt since 1971. And Unika, you kind of glossed
• 48:41
  over it. And it's such a huge number.
• 48:42
  And someone was. I think of Victor.
• 48:44
  He's in the chat. He's like, when did it get over
• 48:46
  $33 trillion? Yeah, guys, the US is $33
• 48:50
  trillion in debt. Like, there's no way they're
• 48:53
  going to pay this back. Like, nor do they want to.
• 48:56
  I think in my opinion, they're just gonna roll it over somehow.
• 48:58
  What's this? What's the mean?
• 48:59
  They say debt is. What is it?
• 49:02
  Debt is value we owe ourselves, or whatever.
• 49:05
  Debt is money we owe ourselves or whatever.
• 49:07
  And so I don't think they're going to, I don't think they
• 49:11
  wanna pay this back. I think they're going to try to
• 49:13
  roll this over as much as possible, kick the can down the
• 49:16
  road and like we. Again, I don't mean to hate on
• 49:20
  old people here, but the geriatric, geriatric class is is
• 49:25
  on its way out. So they don't want to pay their
• 49:27
  bills back. Like they're just like,
• 49:28
  whatever, let's just roll this over and let the let the let the
• 49:31
  millennial plebs worry about this.
• 49:33
  And this is where we are. This is why we say to opt out of
• 49:36
  this madness because we've been broke here in America since
• 49:40
  1971. Paper money is literally dead.
• 49:44
  It's stealing from your future. It's I/O u's.
• 49:46
  And I think again, say what you want about Robert Kiyosaki, but
• 49:50
  the signal throughout this whole message is that it's hard money,
• 49:53
  stupid. You need to save in hard money
• 49:56
  because the Fiat system is designed in such a way.
• 49:59
  That the paper money makes you poorer.
• 50:00
  So you want to hold on assets and you know, rich dad, poor
• 50:03
  dad, TLDR is basically like you need to hold assets, you need to
• 50:07
  hold hard assets. And of course this is simply
• 50:09
  Bitcoin and we think Bitcoin is the best asset to hold on to
• 50:13
  because of the things I'm going to cover on the culture today.
• 50:15
  You know, uncensorable, censorship resistant, 21 million
• 50:19
  hard cap. Instantly send it across the
• 50:22
  world, able to hold value through time and space, all
• 50:25
  those things. This is why we think Bitcoin is
• 50:28
  the best thing in the digital world.
• 50:29
  And you know, like, I I love wearing gold.
• 50:32
  I think gold's awesome, but I'm not going to store my wealth in
• 50:34
  gold. I know, I know people like
• 50:36
  tangible things, but I just, I don't.
• 50:38
  And silver got demonetized a long time ago.
• 50:40
  I wouldn't be holding silver unless it's like silver bullets,
• 50:42
  but other than that, like you want to be holding Bitcoin.
• 50:45
  This is this is the opportunity for everyone out there is.
• 50:49
  You need to hold on something and there's choices out there.
• 50:53
  Yes, we're not going to tell you to never buy a house if you want
• 50:55
  to live in it. You know, gold is beautiful and
• 50:57
  shiny. You know, shiny rock good.
• 51:00
  But Bitcoin is the best. Bitcoin is a 10X improvement on
• 51:03
  all other currencies, all other hard assets.
• 51:06
  And this is the signal, guys. This is what is needed.
• 51:09
  You need to hold hard money and, you know, shout out to Robert
• 51:12
  Kiyosaki again. Say what you want about him, but
• 51:15
  at least he's beating the drum of hard money.
• 51:17
  And he has a huge following. You know, people listen to him
• 51:20
  for financial advice, and I know he's kind of been like Chicken
• 51:24
  Little saying the world's been falling for a long time, but
• 51:26
  like, he's right. And it's failing in real time.
• 51:31
  It's just failing so slowly that it's it's hard, it's hard to
• 51:34
  zoom out like that. That's the issue, right?
• 51:36
  Is that like, you know, it's like he's right.
• 51:39
  The issue is that like I think it it's catch a lot of people by
• 51:43
  surprise, including the gold bugs, how long they could kick
• 51:47
  down the how long they could kick the can down the road,
• 51:50
  right. But yeah, I mean look, that
• 51:52
  chart that that's specifically not only the the debt clock but
• 51:57
  like this chart itself, like man, like it speaks for itself.
• 52:01
  Like this is an unsustainable path.
• 52:04
  Like I I don't know what else to tell you, you know?
• 52:07
  Anyways, that's the perfect transition to You guys are tired
• 52:11
  of the madness, the insaneness, and that's why you're probably
• 52:15
  into Bitcoin. And if you're into Bitcoin,
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• 53:27
  Yeah, you guys kill me in the chat anyways.
• 53:29
  Anyways, like I said, all right, so we had Anil said so on
• 53:33
  Twitter on our show. I think it was last Thursday, I
• 53:37
  believe. I don't know.
• 53:39
  All the days are morphed into one day.
• 53:42
  The only date that matters, the block high.
• 53:43
  Anyways, I heard a couple people in the chat we kind of talked
• 53:47
  about. Bitcoin fundamentals And someone
• 53:50
  asks like, what are Bitcoin fundamentals?
• 53:51
  And I've had, we've had so many guests on the show that I that I
• 53:54
  couldn't really go back to it and give you guys the
• 53:56
  fundamentals. But we constantly touch on them.
• 53:59
  We constantly reiterate the fundamentals of.
• 54:01
  Why you should be holding Bitcoin, Why it is important to
• 54:04
  be holding Bitcoin. And again, like I said earlier,
• 54:07
  I went on my noster and I asked a few friends, you know, what
• 54:10
  are some Bitcoin fundamentals and shouts out the Darth coin.
• 54:13
  He dropped a great article. He actually dropped me a list of
• 54:15
  articles, but I think this one sums it up perfectly and the
• 54:18
  best. So first and foremost, go to
• 54:21
  Darth Coin, Substack calm and read all of these articles
• 54:24
  there. But again, what are the Bitcoin
• 54:26
  fundamentals? And I'm not gonna read the whole
• 54:29
  article but I'm going to use it as a jump off point.
• 54:31
  So here's Darth Coin and goes. This is a base guide for all
• 54:34
  those who are making first steps into learning about Bitcoin.
• 54:37
  These aspects are a must read before doing anything.
• 54:39
  The most important thing to learn?
• 54:41
  What really is Bitcoin before jumping into buying it?
• 54:44
  The Bitcoin commandments are laws that are not written as a
• 54:46
  constitution, but our laws accumulated over time, which we,
• 54:50
  the OG bitcoiners, OG as an old gang, early adopters respect and
• 54:54
  apply among ourselves with respect.
• 54:56
  Consider these commandments not as someone commands you to do
• 54:59
  something, but rather that these are practically your fundamental
• 55:02
  rights of how to use the Bitcoin, as I always say.
• 55:06
  You know, you can listen to our wisdom.
• 55:08
  We've paid the price to it, or you can learn them for
• 55:10
  yourselves. What's the saying?
• 55:11
  You know, a wise man watches what someone else is doing and
• 55:15
  learns from their mistakes. Well, you can be smart and wreck
• 55:18
  yourself. Or, you know, just listen to the
• 55:20
  advice of some bitcoiners that been around that lost a lot of
• 55:23
  sats. And again, this is the
• 55:25
  fundamentals. And and I jokingly say that I've
• 55:28
  probably forgotten more about Bitcoin than I remember.
• 55:30
  But these are the things you always remember.
• 55:32
  We constantly reiterate them. So the first one on this list is
• 55:36
  permission list, guys. And we say this all the time.
• 55:39
  You know Bitcoin or slavery? Cbdc's are Bitcoin.
• 55:42
  There is a money that you are forced to use or a money that
• 55:45
  you choose, that you opt into, that is permissionless, that no
• 55:48
  one can gatekeep from you, that no one can stop you from using.
• 55:52
  If you so choose, you can use Bitcoin.
• 55:54
  It is open to anyone. You don't have to ask
• 55:57
  permission, you just have to choose and opt into.
• 56:00
  And I think this is one of the most important aspects of it.
• 56:03
  We say it all the time. How's Nico Say it.
• 56:05
  Bitcoin is the most equitable money in the world.
• 56:07
  It's literally the fairest money in the world.
• 56:08
  All you. Need to do to get Bitcoin is to
• 56:12
  basically choose to hold Bitcoin and no one can stop you.
• 56:15
  If you want to hold Bitcoin, it is permissionless, you opt into
• 56:18
  it. There is no monopoly on violence
• 56:21
  telling you what to do with your money.
• 56:23
  What money is the best, what money you can use in your
• 56:25
  country. Bitcoin is a global,
• 56:27
  permissionless money. And there is no controller of
• 56:31
  it. I think this is one of the most
• 56:32
  important aspects of Bitcoin, because as you can see in a
• 56:35
  world where we served in the numbers, you know, they want to
• 56:37
  control everything about you. They want to control the truth,
• 56:40
  they want to control information well.
• 56:42
  They can't control Bitcoin and this is the feature.
• 56:44
  And the next one is as we say all the time, you know Bitcoin
• 56:47
  be your own bank. Yes, I know being your own bank
• 56:50
  sounds scary. There's no take backs, There's
• 56:53
  no one you can call there. There's no helpline service.
• 56:56
  If you mess up, you will have to take a certain amount of
• 56:58
  responsibility, but. The reason you would want to do
• 57:02
  this is because banks have so obviously abused your trust.
• 57:06
  They have abused your thinking because you think that a bank
• 57:10
  makes money by just storing your money in the bank safely in a
• 57:14
  vault. No, they make money by lending
• 57:16
  your money. Well, it's not your money when
• 57:18
  you give them your money. Like I I legitimately don't get
• 57:22
  how giving someone your life savings and expecting them to
• 57:26
  hold on to it is the status quo. Maybe I'm a Neanderthal.
• 57:30
  Maybe I'm a, you know, ad IQ Bitcoiner.
• 57:33
  But I grew up with the meme of like, stack your dollars under
• 57:36
  your bed. And I've never lost that
• 57:39
  thinking. So becoming my own bank, Taking
• 57:41
  my Bitcoin into custody, or as we say, sell custody.
• 57:45
  It just it makes perfect sense to me.
• 57:47
  Guys, stop outsourcing. Your wealth to a middleman.
• 57:51
  This is literally how we got in the feel out system in the 1st
• 57:54
  place. You know it starts.
• 57:56
  Do you guys even remember how Gold Bank started in the
• 57:58
  beginning? There was Goldsmiths, they were
• 58:01
  storing people's gold and then they started to give people
• 58:04
  IOU's on that gold because it's so hard to move around and
• 58:08
  transact with gold and they would go to the Goldsmith.
• 58:11
  And they would claim these gold ire use or gold certificates.
• 58:15
  And then, you know, maybe a little.
• 58:16
  Something happened in 1971 when we eliminated the gold standard.
• 58:20
  Now we're literally on a paper standard where they can print as
• 58:23
  much money as possible. You can protect yourself by
• 58:26
  being your own bank. I know it sounds scary.
• 58:28
  I know. I know you guys like to have
• 58:31
  help lines if you mess up. I know you don't trust yourself
• 58:34
  with your money anymore. Well, stop.
• 58:37
  You have a brain. Use it.
• 58:39
  Trust yourself with your money. It is a lot simpler than you
• 58:42
  think. The next one is.
• 58:43
  Bitcoin is open source. This is what we say all the time
• 58:46
  is Bitcoin is fully audible. It's completely open.
• 58:51
  You can see what software you're running.
• 58:53
  People can contribute to it if they want to, whereas the
• 58:56
  competition is completely closed source.
• 58:58
  You don't know what the hell they're doing.
• 58:59
  You know they're basically running in Excel spreadsheet
• 59:02
  that you can't control in the banks.
• 59:03
  But Bitcoin is completely open source.
• 59:05
  You you can read for yourself what is going on with the
• 59:08
  software. You run the code for yourself
• 59:11
  and you can know what you're running.
• 59:13
  It is completely open source and this is a feature, not a bug.
• 59:16
  It is so that everyone knows what is going on with the
• 59:19
  software instead of these black boxes that we're considering and
• 59:22
  and used to in the in the traditional financial system.
• 59:26
  And then of course it's always available.
• 59:28
  It's kind of part of that permissionless aspect as well.
• 59:31
  Bitcoin runs 24/7, 365 of the day.
• 59:34
  There is no downtime on Bitcoin. Whereas if you go to the bank,
• 59:37
  you know what, it's nine. What are bankers hours?
• 59:40
  I think it's 10:00 PM to 5:00 PM.
• 59:43
  Monday through Friday. Well, hey, my bank is open all
• 59:46
  the time. My money system, my payments
• 59:48
  network runs 24/7. 365 is. If that is not one single
• 59:53
  improvement on the banking system, I don't know what is it.
• 59:56
  It's literally better in every ways.
• 59:58
  Okay, the next one's not your keys, not your bitcoins.
• 1:00:00
  Again, this is kind of part of being your own bank, but you
• 1:00:04
  need to custody your Bitcoin. Do not leave it on an exchange.
• 1:00:07
  You need to own the private keys for yourself.
• 1:00:09
  Do not let those private keys touch the Internet.
• 1:00:12
  Do not let the let a stranger see your private keys because if
• 1:00:16
  they have those 12 to 24 words, they own your Bitcoin.
• 1:00:19
  What's the meme? Custody is 9/10 of the law.
• 1:00:23
  Well, in Bitcoin, custody is everything.
• 1:00:26
  Whoever has those 12 to 24 words, they literally own the
• 1:00:28
  Bitcoin. Take your money back.
• 1:00:31
  All right. The next one, Uncensorable or
• 1:00:33
  unconforscateable as well. You cannot censor on Bitcoin.
• 1:00:37
  If you pay a fee, your transaction will eventually get
• 1:00:42
  settled. This is a feature.
• 1:00:43
  This is an improvement on the world that we are currently a
• 1:00:46
  part of. I don't know if you've noticed
• 1:00:47
  all the deep platforming that we're seeing in the world, but
• 1:00:50
  banks can literally cut you off for any arbitrary reason, and
• 1:00:54
  they can't do that with Bitcoin. As long as you hold your private
• 1:00:57
  seat, as long as you're running the software yourself, as long
• 1:01:01
  as you're paying a high enough fee, your transaction will get
• 1:01:05
  settled. And on the next one, it's
• 1:01:06
  unconfuscateable. Guys, you could literally store
• 1:01:09
  12 to 24 words in your brain, walk anywhere around the world.
• 1:01:12
  Not the best recommendation, but hey, you can do this.
• 1:01:15
  And then they would literally have to torture you to get the
• 1:01:18
  words out of your brain. This is again another
• 1:01:20
  improvement on the traditional financial system, Like your
• 1:01:23
  money again can get completely cut off on the banking system,
• 1:01:27
  on PayPal. We've seen it happen all the
• 1:01:29
  time. They cannot do this with
• 1:01:30
  Bitcoin. This is it like, in my opinion,
• 1:01:33
  one of the most important aspects of what's going on in
• 1:01:36
  the world, considering how dystopian the world is going.
• 1:01:39
  And they they tell you constantly they want to roll out
• 1:01:42
  a CBDC. Some might call it a central
• 1:01:44
  bank digital currency. Others might call it a central
• 1:01:47
  bank, digital control mechanism. Whatever nomenclature you want,
• 1:01:50
  it's still the same thing. They want to control your
• 1:01:53
  transactions. And if you think they like, if
• 1:01:58
  you see them controlling your information and you don't think
• 1:02:00
  they're going to control your transactions like you are living
• 1:02:02
  in a fantasy world, guys, you need to hold a money that is
• 1:02:05
  uncensorable, permissionless, that cannot be stopped.
• 1:02:09
  This is the way. And then of course, as Doth Coin
• 1:02:11
  says here, property is your voice, guys, in a capitalist
• 1:02:15
  system, I know my some people might argue that we're not.
• 1:02:17
  In a capitalist system, property is everything.
• 1:02:19
  That's why that Robert Kiyosaki meme is so good.
• 1:02:22
  Because you need to hold something, you need to hold
• 1:02:24
  assets. You need to hold property.
• 1:02:26
  And in the world where the memes go, you will own nothing and be
• 1:02:30
  happy. Owning something that they
• 1:02:32
  cannot take from you is literally a revolutionary act.
• 1:02:35
  Custoding your wealth is the revolutionary act.
• 1:02:39
  It's not about just number go up, number will go up because of
• 1:02:42
  all of the properties. But you need to custody your
• 1:02:45
  Bitcoin because you cannot trust these banks to not abuse your
• 1:02:49
  money. Next one limited 21 million.
• 1:02:51
  I think this is this is obviously the number go up
• 1:02:54
  thesis to it all. 21 million hard cap on Bitcoin In a world
• 1:02:58
  of infinite paper money, something that is hard cap,
• 1:03:01
  truly scarce. Digital scarcity will mean that
• 1:03:05
  as more people get onto Bitcoin the number will go up.
• 1:03:09
  And This is why you should probably get some just in case
• 1:03:12
  it catches on anyways. TLDR guys, it's so simple.
• 1:03:16
  I think I can boil it down into what?
• 1:03:17
  Five things? 21 million hard cap, Censorship
• 1:03:22
  resistant money, permissionless money.
• 1:03:25
  A money that can be stored through time and space.
• 1:03:28
  It can be sent around the globe in 10 minutes for final
• 1:03:32
  settlement or less. And it is your money and no one
• 1:03:36
  can take it from you. A money that it can't be debased
• 1:03:38
  in a world of constantly debasing, currency is something
• 1:03:42
  you need to hold on. It will store value.
• 1:03:45
  It is a medium of exchange. It is a unit of account.
• 1:03:48
  Get on the Bitcoin standard guys.
• 1:03:49
  It doesn't have to be more difficult than, hey, 21 million
• 1:03:53
  good, censorship resistant, good.
• 1:03:57
  Permissionless good. Everything else is noise.
• 1:04:01
  And it really is like, you know that sometimes mental
• 1:04:04
  masturbation, but hey, you want to hold something that cannot
• 1:04:07
  get stopped, that stores value through time and space that is
• 1:04:11
  scarce, that is hard to create. That is Bitcoin guys and you
• 1:04:16
  know guys drop drop comments on what some more fundamentals are
• 1:04:21
  and I'll keep rehashing this idea for everyone so that we can
• 1:04:24
  get everyone up to speed. I hope I did it justice anyways.
• 1:04:27
  Nico, what? What do you think are some of
• 1:04:29
  the Bitcoin fundamentals that you think more people should
• 1:04:34
  should get to? Or or rather.
• 1:04:35
  Dude, I mean it's so simple dude.
• 1:04:37
  Like take self custody. Take self custody is the number
• 1:04:40
  one, right? Like, not your keys, not your
• 1:04:42
  Bitcoin. Once you take self custody, you
• 1:04:45
  will like things. You'll naturally start asking
• 1:04:49
  questions about money because it is human nature to ask questions
• 1:04:54
  about the things. That you hold dear, right?
• 1:04:58
  Like if you're putting a 5 to 10% or 15% of your future, of
• 1:05:03
  your energy, of your time, of your work into Bitcoin,
• 1:05:06
  naturally you're going to start asking questions.
• 1:05:09
  What is Bitcoin? What is this thing that I'm
• 1:05:11
  holding? What is money?
• 1:05:13
  What is state money? What is self custody?
• 1:05:15
  What is running my own node? Like?
• 1:05:17
  What is a node right? Why should I not trust someone
• 1:05:21
  else's node? Why should I run my own node,
• 1:05:23
  which I highly recommend. Get yourself a start.
• 1:05:25
  Nine. It's the best one in my opinion.
• 1:05:27
  So when I run personally. So yeah, like it's that is the
• 1:05:31
  fundamentals like and a lot of people think this is
• 1:05:34
  complicated. Like a lot of people
• 1:05:36
  overcomplicate the F out of this and it's really not that
• 1:05:40
  complicated. Not your keys, not your Bitcoin
• 1:05:42
  #1. Stay humble, Stack sats.
• 1:05:46
  Stay solvent #2, right? It's it's like, as simple as
• 1:05:49
  that. Don't speculate, Don't borrow
• 1:05:52
  against your Bitcoin. It's literally as simple as
• 1:05:55
  every single day, make sure that you have more Bitcoin than the
• 1:05:59
  day before. That's it.
• 1:06:00
  That's all you got to do. All you got to do.
• 1:06:03
  It's as simple as that. It sounds simple and in theory
• 1:06:08
  it is simple. But doing it is very effing hard
• 1:06:12
  because you have to deal with all the emotions that come with
• 1:06:16
  riding the Bitcoin roller coaster, right?
• 1:06:19
  So in terms of Bitcoin fundamentals, it it it's just
• 1:06:24
  it's so simple. It's so simple.
• 1:06:28
  Take self custody of your Bitcoin.
• 1:06:30
  That is the revolution. If enough people do it, we will
• 1:06:33
  win. Learn how to take self custody.
• 1:06:36
  Look into all the hardware wallets.
• 1:06:38
  Definitely recommend our sponsor Passport by foundation.
• 1:06:42
  It's absolutely awesome. You could literally scan the QR
• 1:06:45
  code on your screen, take you to directly to the website, and it
• 1:06:49
  makes it easy for you to take self custody and that's how you
• 1:06:53
  do it. And remember, look at the bill
• 1:06:55
  that Elizabeth Warren introduced yesterday, which we covered on
• 1:06:58
  yesterday's episode. It literally focuses on.
• 1:07:02
  Unhosted wallets and hosted wallets, like, they're terrified
• 1:07:06
  of people taking their money out of a system of which they can't
• 1:07:10
  easily control and manipulate. It absolutely terrifies them.
• 1:07:15
  And that should tell you everything you need to know,
• 1:07:18
  right? So those are the Bitcoin
• 1:07:19
  fundamentals, dude. Just take self custody of your
• 1:07:22
  wealth. Bitcoin is the best tool to
• 1:07:25
  enable you to do that. You can kind of do that with
• 1:07:27
  gold. You can kind of do that with
• 1:07:30
  cash, but like, cash sucks because it loses value overtime.
• 1:07:34
  Gold is is dope in the sense, but until if it's if it's a
• 1:07:37
  large amount of gold, like that shit's heavy as fuck, dude.
• 1:07:40
  Like I'm telling you, you know, you're gonna have to hire like a
• 1:07:43
  safe and then try to sell, sell it.
• 1:07:45
  It's gonna be hard, right? So like, if you need to sell it
• 1:07:48
  to buy food or whatnot, try sending a piece of a brick of
• 1:07:52
  gold to your friend across the world.
• 1:07:56
  Like that is almost impossible. So This is why Bitcoin, in my
• 1:08:01
  opinion, is the best money. Because of its physical
• 1:08:03
  characteristics and because of its ability to the to empower
• 1:08:07
  the individual to take self custody of an unlimited amount
• 1:08:12
  of wealth. And most importantly, send that
• 1:08:14
  wealth send that money anywhere around the world almost
• 1:08:17
  instantaneously. You know, pennies on the dollar,
• 1:08:21
  right? Those are the Bitcoin
• 1:08:22
  fundamentals. It's not hard.
• 1:08:25
  If you talk about it in that sense.
• 1:08:27
  But it is extremely hard to actually do it in my opinion.
• 1:08:32
  Anyways, everybody, let's get to the memes.
• 1:08:35
  We got a lot of memes to review the Daily Meme review.
• 1:08:46
  All right, all right, all right. This is the meme of you guys,
• 1:08:50
  and as you guys can tell on today's show I I, I think the
• 1:08:54
  you know, the the PS:. A.
• 1:08:55
  The context to the mean review has never been truer than
• 1:08:58
  before. We are in an information war,
• 1:09:00
  and we are fighting it with truth, with memes, with
• 1:09:03
  spreading the signal, with having these conversations, with
• 1:09:05
  incepting the ideas of freedom. Money into the everyday person's
• 1:09:09
  mind. Tweets of the bullets, memes of
• 1:09:11
  the artillery. She said it herself.
• 1:09:14
  We're in an information war, guys.
• 1:09:16
  This is why it is so important for us to continue to combat the
• 1:09:20
  BS to every single one of you guys.
• 1:09:22
  To put your hat in the ring, spread some signal.
• 1:09:25
  Just try to orange pill someone you love today.
• 1:09:28
  This is the way. I know, I know, we're annoying
• 1:09:30
  and insufferable sometimes, but getting people to download
• 1:09:34
  Bitcoin wallets and hold Bitcoin for themselves is the most
• 1:09:38
  important thing we can be doing, so just continue to double down
• 1:09:42
  on that. Anyways this 1st meme is by
• 1:09:45
  Stephen Lovka AKA at I forget how to say his name at Zambala
• 1:09:50
  huddle and like this is I even saw someone saying it in in the
• 1:09:56
  in the chat here and so he's quote tweeting bit pain he goes
• 1:10:00
  self custody is just too hard for the average person.
• 1:10:02
  Steven terrible UX, better UX to get scammed by SVF and Steven
• 1:10:07
  Loveka responds with this is from the network the movie and
• 1:10:11
  it's Justin Timberlake and he goes drop the self just custody
• 1:10:15
  it's cleaner. I really like this of just guys
• 1:10:18
  custody your wealth. And yes, to respond to some of
• 1:10:20
  you guys, we understand that people out there may not want to
• 1:10:24
  custody their Bitcoin custody, their assets, and we understand
• 1:10:28
  this, but the majority of people should custody their wealth.
• 1:10:31
  That's usually kind of some legacy thinking of the Fiat
• 1:10:35
  system where they're just so used to having asset managers
• 1:10:37
  control their wealth that, you know, they don't trust
• 1:10:39
  themselves and so they want someone to custody their wealth.
• 1:10:43
  We get it. We totally get it, that not
• 1:10:45
  everything. You know, there's nuance to
• 1:10:47
  this. It's not black or white.
• 1:10:48
  But for the majority of you guys out there, if you're a
• 1:10:51
  millennial, if you're a zoomer, if you are a smart Gen.
• 1:10:54
  Xer, you need to custody your wealth.
• 1:10:57
  It is this simple, guys. It just it is so simple.
• 1:11:00
  Anyways, next meme is by the Bitcoin therapist and he goes at
• 1:11:04
  the BTC therapist. I've never been more bullish.
• 1:11:07
  Hashtag BTC then Bitcoin is dead.
• 1:11:09
  It's over and it's Homer system Simpson with the list right
• 1:11:12
  here. And it goes.
• 1:11:12
  Me 2024 having Bitcoin ETF's, institutions, interest rates,
• 1:11:16
  quantitative easing, incoming fast beat changes, hash rate all
• 1:11:20
  time high, hobblers all time high, and nations mining
• 1:11:23
  Bitcoin. Wow.
• 1:11:25
  It's almost like we're winning, man.
• 1:11:27
  Almost like we're winning. Anyways, this next one is
• 1:11:28
  Maxie's coming. He goes 525 steps and this is
• 1:11:32
  the rite of passage for you guys especially if this is your first
• 1:11:35
  bear market and we got it says it's a meme here, you know a
• 1:11:38
  newbie Bitcoin. And it goes newbies first steps
• 1:11:41
  and it's, you know hoddling. It hits some support.
• 1:11:44
  It pumps a little bit and then it absolutely dumps and he's
• 1:11:47
  sweating and he's freaking out and then it's got a nice little
• 1:11:51
  green candle and then they sell. Funny story, when I first bought
• 1:11:55
  my first $100.00 of Bitcoin in 2017, it just broke 10K.
• 1:12:01
  It hit 10K, I bought some, it dropped to like 9000 something.
• 1:12:06
  It went up to like 10,100 and I made 10% on my $100 and I
• 1:12:11
  thought I was the greatest trader and I instantly sold it.
• 1:12:14
  And then I bought right back in because it started pumping more
• 1:12:17
  this. Is the way all right.
• 1:12:19
  This next one is by Smeetbot and he goes my life in a mean and we
• 1:12:24
  got Matthew McConaughey here in a suit smiling.
• 1:12:28
  I think this is the Lincoln commercial and he goes day one
• 1:12:31
  in Bitcoin. I'm going to be so rich BTC to
• 1:12:33
  the moon and then day 1461 in Bitcoin and I think this is true
• 1:12:37
  crimes. I forget.
• 1:12:38
  I forget what the show is. But he's all worn down.
• 1:12:40
  He's got a mullet and a dirty ass stash and he goes Fiata's
• 1:12:44
  slavery. Bitcoin is hope and the Fed.
• 1:12:46
  I will die on this hill. This is the way.
• 1:12:50
  OK this next one's hilarious. This one is by Privacy Matters,
• 1:12:53
  aka Spirit of Private One on Twitter.
• 1:12:56
  And it goes. This is still probably the best
• 1:12:59
  meme I've ever seen on Bitcoin Twitter, and we got a pleb here.
• 1:13:03
  Oh, this is a Goodfellas liotta with laser eyes and it goes
• 1:13:07
  plebs. And he's got an ASIC in his hand
• 1:13:12
  and we got a crypto guy here and it goes and he's beating the
• 1:13:16
  guy's head and it goes crypto guys, vegetarians,
• 1:13:19
  collectivists, COVID believers, anti guns, scammers, chair
• 1:13:23
  owners, gold bugs. And then we got the newcomers
• 1:13:26
  arriving on Bitcoin Twitter. Like, what the hell is going on?
• 1:13:29
  These guys are absolute maniacs. Yes, we are.
• 1:13:33
  And we're right too. All right, this next one is by
• 1:13:35
  Robin Sayer. And he goes, when in doubt, zoom
• 1:13:37
  out. And who knows if the S curve is
• 1:13:40
  still going to get followed as completely as as it has.
• 1:13:43
  But when in doubt, zoom out guys.
• 1:13:46
  And Bitcoin's been in a bull market since 29 2009.
• 1:13:51
  Number goes up. It will constantly go up.
• 1:13:55
  And this is the way. OK, Niko, I just saw.
• 1:13:59
  All right, all right bet, all right bet.
• 1:14:02
  All right guys, you already know the deal.
• 1:14:05
  Drop your meme review score over there, over there and I will
• 1:14:09
  cover it live as I roll this show out.
• 1:14:13
  Anyways, my meme review score for today is this dry eye relief
• 1:14:21
  eye drops. It's not for red eyes, it's for
• 1:14:24
  dry eyes. OK, geez.
• 1:14:28
  All right guys, I know, I know what you guys are thinking.
• 1:14:30
  I know what you're thinking. Anyways, drop your meme review
• 1:14:33
  score in the chat, but scan the QR code on the screen.
• 1:14:38
  Support Simply Bitcoin buying some merch?
• 1:14:40
  We got some fresh orange Simply Bitcoin hoodies.
• 1:14:44
  We got some simply Bitcoin shirts.
• 1:14:46
  I will get you the hat soon guys and we are currently in the
• 1:14:50
  talks with some Bitcoin artists so that we can get some really
• 1:14:54
  cool simply Bitcoin designs for you guys.
• 1:14:57
  We appreciate the support. This is to keep us as
• 1:15:00
  independent as possible so that we can continue to give you guys
• 1:15:02
  content every single day. This is the way.
• 1:15:05
  Anyways, we love you guys. And let's get to some of these
• 1:15:09
  meme review scores. Let me see, let me see.
• 1:15:13
  I don't have music here. So what can I do?
• 1:15:16
  Whatever. Whatever.
• 1:15:17
  All right. Yeah, yeah, CB Coupe gets it.
• 1:15:20
  Winter's coming. Fire up those toasters.
• 1:15:23
  Fire up them hoodies. All right, hold on.
• 1:15:24
  Let's see. Let's see.
• 1:15:27
  Okay. They're coming in.
• 1:15:31
  All right, first one. First one is by Eagle.
• 1:15:36
  And he goes, I give these memes sovereignty without self.
• 1:15:41
  Yes, this guy gets it. Stamp SEAT meme score, I read in
• 1:15:45
  her OK, next meme review score is by Siboko.
• 1:15:54
  Siboko. Did I say that right?
• 1:15:56
  I give those memes moisturized laser eyes.
• 1:15:58
  This guy gets it. OK, let's go.
• 1:16:02
  We got Brandon Tardiff. Welcome, bro.
• 1:16:05
  Giving them my brand new delivered yesterday.
• 1:16:07
  Jade, which color did you get? Did you get the transparent one
• 1:16:10
  or the black one? OK, let's go.
• 1:16:13
  Elaine Lowell score. Orange is the new gold.
• 1:16:16
  Yes. Let's see.
• 1:16:18
  Am I. Am I going to have to?
• 1:16:20
  No, no, no. OK, big one for Canadians.
• 1:16:22
  I give those memes. Niko and Opti becoming rich dads
• 1:16:24
  and producing a bunch of little haddlers someday.
• 1:16:26
  Yes, this is the hope. This is the hope.
• 1:16:29
  Okay, okay. Hold on, Ajax.
• 1:16:32
  I forgot to get in touch with wine.
• 1:16:34
  We'll we'll get you stickers. We'll get you hats and stickers.
• 1:16:36
  Guys, I I I haven't forgot. OK, this is a Psycho 05 and he
• 1:16:43
  goes meme score 1 Opti showing the guard his hardware wallet.
• 1:16:46
  Private Kilo. Oh, man.
• 1:16:48
  OK, hold on. Let's see.
• 1:16:52
  Yeah, I've probably got to avoid some of these opti's physically
• 1:16:56
  armed army of memes. Score.
• 1:16:58
  When you meme so hard, your eyes get dry.
• 1:17:01
  OK, OK, let's go. Few more.
• 1:17:05
  A few more. Ajac 1991.
• 1:17:07
  I give these memes my S 9 minor from Kabul racks.
• 1:17:10
  Let's go. All right, Optiboco.
• 1:17:14
  OK, Dr. Surge 9000 meme review score.
• 1:17:16
  Kiyosaki reading printed out Darth Coin guides.
• 1:17:20
  Yes, this is the way. This is the way.
• 1:17:22
  All right, this is not because we don't have any more meme
• 1:17:26
  review scores. It's because of the buzzer.
• 1:17:29
  Anyways, guys, you already know the deal.
• 1:17:31
  I love you guys. Appreciate you guys hanging out
• 1:17:33
  with us every single day. We will be back with the normal
• 1:17:36
  show tomorrow and spaces if you like it.
• 1:17:39
  You know, like share. I think share is the new like,
• 1:17:42
  so copy the share button or the share link.
• 1:17:45
  You don't even have to share it, just copy.
• 1:17:47
  And I guess that pushes us in the outgo.
• 1:17:48
  But it's not about just sharing, simply Bitcoin.
• 1:17:50
  It's about spreading the Bitcoin message to as many people as
• 1:17:53
  possible and getting more people downloading Bitcoin wallets.
• 1:17:57
  This is how we win. Custodying your Bitcoin is the
• 1:18:01
  revolution. Take back your wealth guys.
• 1:18:03
  Anyways, we'll see you guys on Twitter, on the timeline.
• 1:18:08
  Actually, don't sleep on the YouTube.
• 1:18:10
  There is a bunch of content going to get dropped for you
• 1:18:12
  guys. Peace out, we'll see you
• 1:18:14
  tomorrow.