Latest / Simply Bitcoin / Japan's LARGEST Energy Company is Mining Bitcoin | EP 640
Transcript
- 0:14Yo welcome to Simply Bitcoin live.
- 0:17Today is December 16th 2022. Where your number one source for
- 0:21the peaceful Bitcoin Revolution would come to the breaking news
- 0:24culture. Me Matic Warfare, we will be
- 0:27your guide through the separation of money and state
- 0:30absolutely insane. Use, we've made the case for you
- 0:33guys many times, right? That energy companies eventually
- 0:37would become Bitcoin mining companies and this is happening
- 0:41on a worldwide scale. Huge news.
- 0:43News coming out of Japan. We're going to cover it
- 0:45extremely bullish. And also, if you think about it
- 0:49from the political front, right? We obviously know that there's a
- 0:53huge war on on Bitcoin mining itself, we saw New York state
- 0:58banned Bitcoin mining within its borders.
- 1:00We saw China doing the same thing problem though, is that
- 1:03that's an uphill battle for them due to the incentives and now if
- 1:07you have giant energy companies getting into The Fray obviously
- 1:12they're going to protect Their business and because they're
- 1:15such large corporations. They have a tremendous amount of
- 1:19influence in the political sphere.
- 1:21So this is crazy, right? Once again, Bitcoins incentives
- 1:25are winning. So we're going to cover all of
- 1:27that during the news. We're going to dive deep.
- 1:29But first I want to bring up my legendary co-host.
- 1:31Always optimistic. How you doing Opti?
- 1:34Good morning, Nico. Well it's good that we made it.
- 1:37We almost had some technical issues but we're here it is
- 1:40Friday man. It's again I say it all the time
- 1:43and I truly mean it's just another day in paradise where we
- 1:46can continue to get that Bitcoin signal out there to people and
- 1:50man, I'm just blessed and humbled to be here.
- 1:53And yeah, man, I'm excited to get the nikah Jones.
- 1:55Take connecting all the dots of colors in the news, but on the
- 1:59culture, January 3rd is coming up.
- 2:02And so what we do on this show, it's continuously tell people to
- 2:06take Bitcoin into self custody. So we're going to get a
- 2:10pre-emptive proof of keys day announcement and I'll probably
- 2:13do. It next week as well.
- 2:14So just got to get people aware and taking their big one in the
- 2:18South custody. Before people do the bank runs
- 2:21on the exchanges. All right, everybody, let's
- 2:24start the show. Let's do this.
- 2:29The Bitcoin numbers brought to you by novel.
- 2:32At this point, you should be running your own Bitcoin note.
- 2:35If you don't use your own Bitcoin node, you're trusting
- 2:38someone else's run your own version of Bitcoin core.
- 2:40The lightning Network, whirlpool, and Dojo all from the
- 2:44comfort of your own home. And if your digital Nomad, you
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- 2:52Visit not all Dottie you today. All right, everybody at the Time
- 2:57of recording. The Bitcoin price is 16,000. 796
- 3:01US Dollars SATs per dollar were sitting at 5954 block height.
- 3:07760 7609 T2, reachable Bitcoin nodes, fifteen thousand, two
- 3:13hundred and eighty eight blocks to The Happening. 70 2308 having
- 3:19estimate April 24th 2024 total, lightning network capacity.
- 3:23We're at 5131 One capacity value 86 million.
- 3:30U.s. dollars realized monetary inflation Bitcoin continues to
- 3:34take US dollar and Fiat currencies to Absolute School
- 3:381.76 percent and the market capitalization of Bitcoin right
- 3:42now. It's at 323 billion US dollars
- 3:47in the grand scheme of things. Bitcoin is still a baby, another
- 3:51historic moment. We've been making the case for
- 3:53you guys. What we're really living
- 3:54through. Nowadays is the Ation of of
- 3:58information and also to disintermediation of money.
- 4:01And we're witnessing, literally, we're on the front, we're in the
- 4:05front lines every single day on Twitter, you're seeing Elon
- 4:09doing his thing and you're seeing the Legacy, Gatekeepers
- 4:13fighting back like the internet killed credentialism.
- 4:16It took away their special privilege and and it makes them
- 4:21equal like everybody else and we've been making the case for
- 4:24that. I did a whole thread on that.
- 4:26That's what freaks them out. The fact that they don't have
- 4:30that special privilege, it puts the fear of God in them and
- 4:34there is a Twitter spaces that was spin up not too long ago and
- 4:41we're all speculating that, that was the reason as to why Twitter
- 4:44spaces is down. There's a reason that we are
- 4:46Twitter spaces is not up today with our friends over at Swan
- 4:50Bitcoin best place to stock SATs.
- 4:52And this is a speculation is that it's because Elon went into
- 4:56this too. Other spaces where journalists
- 4:58I'm going to play you guys the clip.
- 5:00And then Opti let's talk about it in the last few hours with
- 5:03the a handful of journalists being bad.
- 5:09Yeah. Well as I'm sure everyone who
- 5:13has been dachshund, would agree, you know, showing real-time
- 5:19information about somebody's location is inappropriate and I
- 5:23think everyone on this call would not like that.
- 5:26We don't put too. And there is not going to be any
- 5:29distinction in the future between journalists several
- 5:31journalists and, and regular people.
- 5:32Everyone's going to be treated the same, they're not special
- 5:35because you're a journalist. You're just, you're just, you're
- 5:37Twitter during this era citizen. So no special treatment the
- 5:44docks. You doc, you get suspended and a
- 5:46story. So and, and an evasion been
- 5:51evasion, or like, trying to be clever about it.
- 5:54Like, oh, I posted a link to the real time.
- 5:56Summation is obviously, that is obviously simply trying to
- 6:02evade. The meaning that is, there's no
- 6:05different from Pain and paste than actually showing real-time
- 6:07information. So when you're saying, posting a
- 6:10link to it, I mean, some of the people like Drew and, and Ryan
- 6:14Mac from The New York Times who were banned were, you know, they
- 6:18were reporting on in the course of sort of pretty normal
- 6:22journalistic Endeavors. You consider that like, Tricky
- 6:27attempt at Bain evasion, you show the link to the real-time
- 6:31information been evasion. Obviously, I drew, I don't think
- 6:35you were posting the real-time information, right?
- 6:39I mean, you're suggesting that we're sharing your address which
- 6:43is not not true. And you're suggesting that we're
- 6:47posting. We never, I never posted your
- 6:52address or both of the link to that address.
- 6:55We posted a link in the course of reporting about Elon jet.
- 6:59We posted links to Elon jet which are now not online and now
- 7:05banned on Twitter and Twitter. Also, of course marks even the
- 7:09Instagram and Macedon accounts of Elon jet as harmful using,
- 7:13you know. So it keeps going Ilan,
- 7:16eventually gets frustrated and he goes off stage, but I think
- 7:19the signal out of all that and you can make a comparison with
- 7:23really, how Central Bankers are reacting to bitcoin as well.
- 7:27Is really, the internet has me, has leveled the playing field,
- 7:31right? In the case of information.
- 7:32Anybody could buy a microphone, anybody could buy a camera, hey,
- 7:36your broadcaster. Now that used to be in the hands
- 7:38of a privileged Elite, same goes with money, right?
- 7:41Only, you know, only the central Bankers were entitled to create
- 7:45money and now Bitcoin. It's anybody, that, you know,
- 7:49could spin up a minor. Hey, you're creating Bitcoin,
- 7:52right? So, it levels that, but the Old
- 7:55world really the way that it used to work.
- 7:57You're seeing the credentialed class.
- 7:59Freak the hell out, you heard what?
- 8:01Ilan said, I think that was a dagger into their hearts
- 8:04metaphorically. Of course, what he was saying
- 8:06was. Yeah, it's the difference
- 8:09between journalists and citizens that not going to exist anymore,
- 8:13everyone's equal. Now, this is how it's going to
- 8:15be, you know, in these journalists feel like they had
- 8:18some type of preference special privilege, man.
- 8:21So the internet is doing this to everything.
- 8:23It's doing this, the Ation, it's doing this to to money and I
- 8:27think the world would be much better for it.
- 8:30Let's judge money and let's judge information based on its
- 8:34Merit rather than the fat rather than 0, because I'm
- 8:37credentialed. I'm entitled to something.
- 8:40No, that's not the way it should be and I think it's led to K.
- 8:44It's led to misallocation of capital.
- 8:47It's led to trusting sources that have a history of lying,
- 8:53right? Let's go.
- 8:55Instead of looking at someone's credentials, let's judge people
- 8:58on the value. They provide instead of saying,
- 9:01oh, this is you have to use this because this is the dollar, this
- 9:05is the Euro. How about you?
- 9:07Let people decide you let the free market do with the free
- 9:11market does. And you and, and people are
- 9:14going to obviously pick the money that works for them and we
- 9:18obviously know that is Bitcoin Bitcoin provides the best
- 9:22incentives, censorship resistant.
- 9:24Cap supply and that causes it's a deflationary currency, your
- 9:29purchasing power increases over time and they want you to
- 9:32continue to use the money that steals from you because that
- 9:36money is the is what allows them to pay for themselves that
- 9:39allows for the deficit spending, right?
- 9:42The deficit spending is how governments pay for themselves.
- 9:45They don't have enough to enough tax revenue, to be able to
- 9:49afford all of the spending That's how they pay for Wars.
- 9:53That's how they pay for social programs that you do not
- 9:56necessarily agree with. And most importantly, that's how
- 9:58they pay for the giant administrative state.
- 10:01That some people call the Deep state.
- 10:02But I'm not saying that because it's really in your face at this
- 10:05point. That, you know, eventually look
- 10:08if the government is big enough, it tends to become tyrannical,
- 10:11right? That's how they're able to fund
- 10:14that through the deficit spending and Bitcoin is a threat
- 10:17to that. So man, this is a crazy historic
- 10:20moment, what a Time. Be alive and I just want to
- 10:23point out. Holy crap.
- 10:25The sovereign individual really, really nail this with their
- 10:29Theory. And remember guys, that book
- 10:31came out back in 1997, literally years before its time.
- 10:36Absolutely absolutely insane. If you haven't read that book
- 10:40already, I really, really suggest it because it's really,
- 10:43really made its broad. They they hit the nail on the
- 10:47head. I think the only thing they got
- 10:48wrong was the rise of China. But anyways, Opti, what do you
- 10:53think, man? That that that, that Twitter
- 10:55spaces with Ilan, bro. Like, I bet you those
- 10:57journalists were, like, literally melting in their
- 10:59seats, like, what do you mean? We don't get it, we don't get
- 11:02privileged. What does that mean?
- 11:04We're journalists. What's going on there?
- 11:06Yeah, you know, as a journalist I would love special treatment.
- 11:10Citizen dachshund Is Not Cool by any means as a bit corner.
- 11:17I think we can all agree this and as bitcoiners out there, I
- 11:20think we can all agree. I agree.
- 11:21This, but I really do love, you know, taking Elon for his word,
- 11:25where he says that, you know, journalists are no longer going
- 11:29to get special treatment. And as someone that has been
- 11:33following the media very closely for a lot of years.
- 11:36And now, on this side of the media, you know, you love to see
- 11:38it because it seems like they were able for a long time to get
- 11:42away with a lot of, a lot of stuff that us average peeps
- 11:46would not be able to get away with.
- 11:47As you keep beating the drum, you know, no longer is the
- 11:50credentials. As class getting away with this
- 11:53stuff because now it seems like we may be on equal equal
- 11:57footing. But on the one hand, I say that
- 12:00and on the other, you know, hey, you know, Nika, you may not
- 12:03fully agree with me, but I think it's a bit concerning that Elon
- 12:07is doing things that his every whim, of course, you know, it's
- 12:10his company, he can do whatever he wants with his company and,
- 12:14you know, I do fundamentally believe.
- 12:17I really like how some people have said that, you know, I'm a
- 12:19freedom of speech supremacist and I do, Freedom of speech
- 12:22should be for everyone, but obviously there is Twitter
- 12:25guidelines and posting stuff that may harm users is no good.
- 12:28And I see the chat saying, like, how is this doxing when you post
- 12:32something that is publicly available again, guys, you know,
- 12:35like posting people, where about, there's a lot of crazy
- 12:39people on the internet and you never know where that
- 12:41information will go. So again, you know, it does seem
- 12:44like to your point Nico that we are all now on equal footing and
- 12:49I like I've said in the past, you know, we will we are
- 12:52watching this in real time and we'll see where this ends up and
- 12:56and I just really do hope again being hopeful that this is the
- 13:01battle for free speech and Elon is actually doing what he says
- 13:03he's doing. But again, I'm not holding my
- 13:06breath. He does seem to be part of that
- 13:09Elite Class. So you know, there might maybe
- 13:12some 5D chess moves that I'm unaware.
- 13:15But taking all his actions on the surface level for what?
- 13:18They are again, who am I to judge Elon?
- 13:20He seems like a very Peaceful man.
- 13:22And I am just a lowly pleb over here, taking him on his word, it
- 13:26does seem like he is in the fight for the free speech and,
- 13:29you know, maybe he has had a change of heart since all the
- 13:33stuff he's going through and actually want to provide a free
- 13:36speech platform and he's just trying to figure out the best
- 13:38way to do this. So, you know, it's very
- 13:41promising in my opinion. Yeah, absolutely.
- 13:43And you you really, you really hit the nail on the head when
- 13:47you said, You shouldn't Rusty long and I completely agree.
- 13:51And that actually is what Bitcoin figured out, right?
- 13:53That that's what makes Bitcoin, so you look great.
- 13:55It's rules without rulers. There is no single entity and I
- 13:59think it was Jack Dorsey, that was making the case right.
- 14:01That the that his vision for a for social media.
- 14:08For social medias, it has to become a protocol rather than a
- 14:13rather than rather than this. This the centralized entity that
- 14:16people can That that that people can control, right?
- 14:20So, yeah, man, that's that's, let's see how that it is.
- 14:25That even possible. That's like a, that's another
- 14:27component of it, right? But anyways, we shall see.
- 14:30Let's get to news. We do have a lot of bullish news
- 14:33to talk about. Let's check it out.
- 14:37The Daily News brought to you by block stream.
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- 15:09self custody of your Bitcoin. Alright everybody.
- 15:12So this is the Big Kahuna. There's a big news for today.
- 15:16Absolutely, absolutely insane. Absolutely massive and it's a
- 15:19continuing. If it was just by itself, I
- 15:22would say it's still pretty big. If it was just by itself, but I
- 15:25think if you, if you connect the dots with the other things that
- 15:29has been happening, this is something that bitcoiners have
- 15:32been theorizing for a while and like you have to think about it.
- 15:35Like why? Why our energy companies?
- 15:38Right? Because it's not only Japan
- 15:39interested in mining Bitcoin. Like, why is that?
- 15:43Because For the First Time, Bitcoin has given excess energy
- 15:50value. And what a lot of people don't
- 15:52understand about electricity, is that it's not easy to store,
- 15:57right? It Battery Technology.
- 15:59Isn't that great? And even if you do store it in
- 16:01batteries over time, have you ever left your phone out in the
- 16:05nightstand, right? And you charge it up to 100%,
- 16:08it's unplugged and then you check a couple hours later and
- 16:11it's died down to 99 right over time.
- 16:14That battery won't Keep all of that energy, right?
- 16:18Batteries have been getting better but over time, it'll
- 16:20decrease, same goes with Transportation, right?
- 16:24If you transport electricity through power lines, it loses a
- 16:28percentage of energy, every mile that it's transported, right?
- 16:33And so energy is the most efficient when it's used, right
- 16:37then and there, right? It has to be used, right?
- 16:40Then and there But the problem is that sometimes what happens
- 16:45is that you create more energy and there's no one to use it
- 16:50before that energy would go to waste, there was no one to buy
- 16:55it and this is where Bitcoin ER this is where Bitcoin mining
- 16:58comes in because Bitcoin miners are very mobile.
- 17:01They can go anywhere, they can go towards those energy.
- 17:06Those excess energy pockets And you can monetize them.
- 17:11Which is why we've been making the case for literally months
- 17:15and years now right? Really know, I don't know about
- 17:18years, but definitely months, I would even say year because we
- 17:21have been doing simply for multiple years that eventually
- 17:24it would just be a matter of time before energy companies
- 17:28came to this realization. The incentives of Bitcoin are
- 17:33irresistible. It does something very unique
- 17:36and now that aetherium has migrated to proof of stake.
- 17:39Etherium cannot provide these types of incentives.
- 17:43This is unique to bitcoin anyways.
- 17:47So before I get into the to the article, the the newly released
- 17:52news about Japan's largest power company tepco.
- 17:56Let's dig into some previous energy, He's that are doing the
- 18:01same thing, right? So we have ExxonMobil, one of
- 18:04the largest energy companies in the world.
- 18:06We covered this news when it dropped back in March Exxon is
- 18:09mining Bitcoin in North Dakota as part of its plans to slash
- 18:12emissions. Also ConocoPhillips now what's
- 18:16interesting about ConocoPhillips is that ConocoPhillips bought
- 18:20the Natural Gas part of shell. And it was just recently
- 18:25announced that she'll and it was, I don't know if this is
- 18:28still the case, but they would there was a big buzz.
- 18:30That she'll the Energy company was going to be a sponsor or was
- 18:35going to speak at the Bitcoin conference in 2023 the Bitcoin
- 18:38conference in Miami in 2023. But there there there it's not
- 18:43that they're not mining. Bitcoin is that the part that
- 18:45that would have been used to mining Bitcoin they sold to
- 18:48ConocoPhillips for my sources and ConocoPhillips is actually
- 18:52mining Bitcoin also in North Dakota using extra gas that
- 18:57normally would have been vented into the atmosphere, right?
- 19:01Do flaring, but this is a worldwide phenomenon.
- 19:03It's not only happening in the United States.
- 19:06It's also happening in Russia, right?
- 19:09Russia's gazprom and bit River partnered to develop crypto
- 19:12mining operations. And what are they doing?
- 19:14They're using the extra layered, gasps why?
- 19:18Because it has value normally, it was too isolated.
- 19:22It was too far away and you're like, what else am I going to do
- 19:25with that? Now, it gives it value and then
- 19:29over time what's, what you're going to see See, is that
- 19:31Bitcoin is going to make these energy companies more efficient
- 19:35over time. And I would actually even make
- 19:37the case that it's going to incentivize the development of
- 19:41renewable, energies renewable energy production without the
- 19:45necessity of government subsidy. Only Bitcoin could do this is
- 19:49very unique, so you can even make the case that Bitcoin is
- 19:53good for the environment. Not bad for it.
- 19:57But of course, you know that, that that narrative that
- 20:00narrative spreads Bitcoin adoption doesn't stop it.
- 20:03And we know that there's a lot of entrenched powerful interest,
- 20:06which we're going to get to in the second part of the news,
- 20:08that don't want that to happen, right?
- 20:10So let's cover what. Actually happened is happened.
- 20:13Two days ago. Japan's, largest Energy,
- 20:16electric power power company's about to start mining Bitcoin
- 20:19Tokyo. Electric Power Company tepco
- 20:21power grid is partnering with triple one a local semiconductor
- 20:25designer and developer Mine Bitcoin with excess Energy
- 20:29across the country going desk. First reported tepco is the
- 20:33country's largest Electric Power Company.
- 20:35In total assets. Tepco is the utility behind the
- 20:38Fukushima nuclear reactor, which in 2011, was struck by an
- 20:42earthquake, and huge tsunami that knocked out some of its
- 20:45cooling systems, allowing three reactors to melt down the power
- 20:49company later, admitted that it had failed to take stronger
- 20:52measures to prevent such disasters.
- 20:53Tepco is still suffering from the accident.
- 20:56Aunt. As compensation for victims is
- 20:58taking a toll on its profitability to this day.
- 21:01Now it's power transmission and Distribution.
- 21:03Company tepco power grid is seeking ways to monetize Surplus
- 21:08power with Bitcoin mining through its wholly owned
- 21:11subsidiary. Agile energy X tepco is joining
- 21:15major Global energy companies and jumping on the Bitcoin
- 21:19mining bandwagon and a common denominator.
- 21:21For most of them is a need to monetize Excess power something.
- 21:26Mining does very well ConocoPhillips which we just
- 21:29talked about is selling stranded gas to bitcoin miners in the
- 21:32Bakken oil, abundant region in the u.s.a.
- 21:35Stimler strategy to what Exxon is doing the oil.
- 21:38Giant the oil, giant reportedly has an agreement with Crusoe
- 21:42Energy Systems which by the way they just acquired a Bitcoin,
- 21:46Bitcoin mining company called Great, American mining.
- 21:49So they're looking to expand operations as well.
- 21:52So the crazy here's like a screenshot of a guest, some
- 21:55promotional. Stuff of Bitcoin miners, where
- 21:59were they were within their just humming and their humming?
- 22:02It's beautiful. Its background noise.
- 22:04It's white noise. It's this beautiful or Taylor
- 22:08calls, orange noise. We should put it on the goddamn
- 22:10sound board. Why don't we have that noise on
- 22:12the soundboard? Oh, that's a mistake.
- 22:15Anyways, beautiful to see extremely bullish news.
- 22:19And I'll tell you this, this will continue because Bitcoins
- 22:22incentives are resistible Opti. Obviously, bullish news, I love
- 22:28this. And I someone on Twitter and I
- 22:31forget who it is. So forgive me called Bitcoins
- 22:34effect on energy, on the energy sector, Satoshi, second greatest
- 22:38gift. And, and I really love that
- 22:39framing because not only do we get digital scarcity, but we
- 22:44also get Bitcoin incentivizing, the profit profitability of
- 22:48excess energy and revolutionising the energy
- 22:50sector. And as everyone saying in the
- 22:52chat, you know, we waste so much energy, just via entropy, and
- 22:56And if we can tap into all the stranded energy uses around the
- 23:00world, like we're going to not only be able to save in a money
- 23:05but revolutionize our society and and upgrade our Mount of
- 23:09energy use and energy use is good for society, don't let them
- 23:14siop you. So obviously love to see this
- 23:16news, Bitcoin incentive stay winning and this is just back to
- 23:20what we always. Try to tell you guys about
- 23:22Bitcoin, mining that Bitcoins connection to the real world via
- 23:25energy is a Gernot. A bug and anyone that wants to
- 23:29break away from proof-of-work. Just really doesn't understand
- 23:32the innovation in the importance of the fact that you need to use
- 23:36real-world resources to ensure our money.
- 23:39You know, the we brought on Buckminster Fuller and and
- 23:43quotes on the past about the importance of money, back by
- 23:47energy. I know there's people out there
- 23:49that say Bitcoin isn't backed by anything but it's backed by
- 23:52energy and energy money is the future and where we are.
- 23:56Going and kind of glossed over that little the little point
- 23:59about tepco being part of the the Fukushima stuff.
- 24:02So like when nuclear power mining, Bitcoin is my question.
- 24:07Oh man, oh man. Okay.
- 24:10The normies would love that narrative but hey, that would be
- 24:12awesome and more heads will explode.
- 24:16Figuratively. Okay, so let's talk about the
- 24:18monetary demons. So, note, some, we start off
- 24:21with the bullish news, ECB official calls for ban on
- 24:25crypto. Stick it out, European Central
- 24:29Bank, senior executive Fabio Panetta has proposed a ban.
- 24:32And I'm going to tell you a little bit about Fabio, okay?
- 24:35First of all, suspicious, name European Central Bank, - Fabio
- 24:40Panetta has proposed a ban on crypto put, put up, the, are you
- 24:44reading something put it? I I totally am and I am not
- 24:47sharing the screen, okay? So European Central bank's Opti
- 24:53the European Central Bank. Senior executive Fabio Panetta
- 24:56has proposed a ban on a crypto currencies with an excessive
- 24:59ecological footprint. I'm remember, we have been when
- 25:03we covered the energy news first, so that you guys can
- 25:07internalize the amount of bullshit that this guy is
- 25:09saying. So like what do they propose?
- 25:12Just like flaring out that gas into the atmosphere.
- 25:16Which is like one of the worst greenhouse gases methane.
- 25:19Like, did they did just like, okay, like fine.
- 25:23Like now it's like they're the narrative is crumbling in front
- 25:28of their eyes so much bullshit. Anyways, okay, so let's
- 25:34continue, he proposed Banning digital assets.
- 25:37That use proof-of-work, the proof of work met for validating
- 25:41transaction, such as bit quite proof of stake of which they
- 25:44control. We know that the majority sixty
- 25:47to seventy percent of a theory in validator, are now actively
- 25:49censoring for the office of foreign assets control, which is
- 25:52part of the US Treasury. That's okay, right?
- 25:55Because they can capture it. They can control it.
- 25:56They can tweak the rules to benefit themselves, like
- 25:59metallic has been doing What he rolled back the chain already,
- 26:05right? The pre mind.
- 26:08The fact that AME ago she is sitting on the board.
- 26:14Of know, she's part of the world economic Forum shout-out to
- 26:17fill, by the way, for discovering that.
- 26:21Of course, proof of stake, good proof-of-work, bad, EU officials
- 26:25have previously rejected, an all right, ban on crypto mining
- 26:27started, my fire alarm just went off, you officials have
- 26:30previously rejected and alright ban on crypto mining but recent
- 26:34legislation called Mica could require firms to report any
- 26:37potential environmental impact. You know, how this is you know
- 26:40where this is going. He compared crypto to the
- 26:43bedding. Industry concluding.
- 26:44That many cryptocurrencies are just a new way of gambling.
- 26:47He added on the whole, it is difficult to see a
- 26:49justification. In for the existence of
- 26:52unbanked, crypto Assets in the financial landscape.
- 26:55What backs Fiat currencies, huh? What backs Fiat currencies?
- 26:59Their combined features mean that they are just speculative
- 27:02assets investors. Buy them with the sole objective
- 27:05of selling them on a higher price.
- 27:07In fact, they are a gamble disguises investment.
- 27:10You know what they're not investment.
- 27:14They're not speculative. I'm not gambling.
- 27:18I'm opting out into better savings because your shit sucks
- 27:23anyways. So I also found this out above
- 27:27father, we have Panetta, he wrote this paper for the bank of
- 27:31international settlements, I'll know Augustine, Carson, or the
- 27:33guy that looks like the Hamburglar, the final boss, like
- 27:36very big, like the Central Bank, digital currencies.
- 27:40We must have absolute control that guy.
- 27:43So if I open that a wrote a paper for the bank of
- 27:46international settlements and let's take a look at this paper
- 27:49Central Bank, digital currencies defining the problems designing
- 27:52the solutions. It is great pleasure to take
- 27:54this as part of the part of the paper.
- 27:56It is a great pleasure to take part in the panel on Center and
- 27:59sees throughout history money and payments have been
- 28:01constantly evolving. And this also holds true in the
- 28:04digital age as we increasingly, pay, digitally and shop online,
- 28:08we rely Less on cash. Our wallets are gradually moving
- 28:11from our pockets or smart phones and electronic.
- 28:13Isis. These changes have profound
- 28:15implications for the nature of money itself.
- 28:17Raising the question of whether Central Bank should issue, the
- 28:20Joe currencies for retail use today, I will argue that in a
- 28:24digital world. Cbc's are necessary to preserve
- 28:27the role of cinch of central bank money as as a stabilizing
- 28:31Force. What fucking stabilizing force?
- 28:33Is he talking about bro? At the heart of the payment
- 28:36system and to safeguard monetary sovereignty.
- 28:40Well you know what? Fuck you and your monetary
- 28:42sovereignty. E.
- 28:43I want individual sovereignty. I don't want your slave money.
- 28:46I don't want any of that. Fuck that shit.
- 28:49I don't want it, it's not cool. So this same guy that made this
- 28:54speech Fabio was just not too long ago.
- 28:58Said we must also pan Bitcoin. So why is that?
- 29:01Why is that? Because Fabio knows that no one
- 29:05will hit adopt his bitch money, if Bitcoin exist.
- 29:09If a free market, competition is allowed to To happen and
- 29:13individuals have the freedom to pick and choose.
- 29:16Do I want Bitcoin which is deflationary censorship
- 29:19resistant. Or do I want this state money
- 29:22that is censored and is inflationary?
- 29:25Oh and even worse. Not only is it inflationary in
- 29:28China. They're they're looking into
- 29:30introducing an expiration date on the money, right?
- 29:34You got to lose this money of which you earned and you
- 29:37acquired, but you got to spend it quickly because it has an
- 29:40expiration date. Like, It's crazy, but I'll tell
- 29:44you what, guys, the reason they're saying this is because
- 29:48they're scared. The reason they came out to
- 29:51remember that tweet that we debunked.
- 29:53Right? With the European Central Bank,
- 29:55like said something about Bitcoin, I got absolutely
- 29:58ratioed, right? We're winning the Battle.
- 30:00Ground on the internet, The reason they're doing this
- 30:04because they're terrified. And bitcoiners are doing what we
- 30:10do best ridiculing them with memes and truth, and they can't
- 30:15handle that all they have is lies mr.
- 30:19Burr misrepresentations, and now the internet and tie this in
- 30:23what what Ilan said in the beginning, the internet is
- 30:26empowering individuals to be citizen journalists.
- 30:31And the internet is also giving them a platform to talk directly
- 30:35to their listeners. And by doing that circumventing,
- 30:40The Gatekeepers of information and is driving them absolutely
- 30:44insane. If they don't have control.
- 30:49They can't win and it freaks them out, it terrifies them.
- 30:55But they're losing and it's absolutely incredible.
- 30:59Wolf Opti. What are your thoughts, man?
- 31:01This made me bullish. We're waiting, we're winning.
- 31:06This was happening, we're winning.
- 31:09Yes, well I mean I think we've covered this in the past as
- 31:12well, but Fabio Panetta is pure projection.
- 31:15And as we said in the, in the new segment, before about the
- 31:20largest Japan utility company, proof-of-work connection to the
- 31:25real world via energy is a feature, not a bug.
- 31:29And you you jumped exactly on a theme that we've been touching a
- 31:33lot on in our spaces that the powers that be.
- 31:36You're not stupid. It's not that they need to be
- 31:39educated. I mean some might need to, you
- 31:42know, further their Rabbit Hole education, but for the most part
- 31:47there's others probably the high-level ones that know why
- 31:50Bitcoin is better and that they should be scared and further.
- 31:55They know that the majority of people do not understand Bitcoin
- 31:58and so In my opinion, this is really like a slap in the face
- 32:01and I'm glad that you brought the receipts.
- 32:03That Fabio is pushing cbc's yet denounces Bitcoin because this
- 32:08is further, you know, pushing the idea that these people know
- 32:12why they are afraid of Bitcoin. They know the reason why we
- 32:15Bitcoin I mean I'm reminded of everyone's favorite politician.
- 32:20Brad Sherman. Who like legit?
- 32:26Yeah. He might be the most bullish
- 32:28Bitcoin her out. Out there because he understands
- 32:31existential threat that Bitcoin does posed to him and his
- 32:35friend. So, you know, I think this is
- 32:38just another another data point on on the board for us B Corners
- 32:44where it's like if you're not a bit Corner then you are suspect
- 32:48as fuck. And as Nico so eloquently put
- 32:51her against Bitcoin you're against freedom.
- 32:54And this is just further to the idea that I keep pushing.
- 32:59To everyone, you know, if your government is telling you that
- 33:01you shouldn't own Bitcoin, that's probably a pure signal
- 33:05that you should be owning Bitcoin.
- 33:07So, I mean, how do you not stay bullish when someone that
- 33:11pushes? Cbc's tells you not to be a bit
- 33:14corner? Like, you know, tell me that
- 33:16Bitcoin ruined the planet and I will counter and tell you that
- 33:20Bitcoin will incentivize the energy use on this planet and
- 33:24basically, bring us into a better life.
- 33:28So, So he can you know, Boomer can yell all he wants, not going
- 33:33to stop running my node and taking Bitcoin into self custody
- 33:37so amen. Amen to that.
- 33:40All right guys, speaking of self cuz we're going to talk about a
- 33:42lot of that during the culture section, I suspect and I got a
- 33:45clip for you guys before Opti Dives in and I'm glad I saved
- 33:49the clip because it's perfect. All right, let's check it out.
- 33:54The daily culture brought to you by Swan Bitcoin.com, Swan is the
- 34:00best way to build your Bitcoin stack with automated Bitcoin
- 34:03savings plans and instant purchases serving clients of any
- 34:07size from ten dollars to ten million dollars.
- 34:10We love Swan because they incentivize self custody and
- 34:14dollar cost averaging. What do you waiting for visit
- 34:17Swan Bitcoin.com today, Want to be transparent.
- 34:22We want to set the golden standard for reliability
- 34:25solidness in the Spectrum. Would you be able to handle it?
- 34:28If somebody asks you for two point 1 billion dollars back.
- 34:30Would that be okay? Would you be able to still
- 34:32withstand two things we're financially?
- 34:35Okay, including you have two point 1 billion dollars to give
- 34:38away. If somebody came to recall to
- 34:40Cloud that back you'd still be fine.
- 34:42Whatever, lawyers handling, our fan.
- 34:44We are financially strong. After ftt prices dropped over
- 34:50the last year, we still have five hundred million dollars
- 34:52worth of it 580 million dollars worth of the on the day when we
- 34:56transfer from the dress, we received a year and a half ago.
- 34:58We never touched it. We actually actually kind of
- 35:00forgot about it. But first far, you haven't
- 35:03disclosed your liabilities and I wonder why that is and whether
- 35:09you will Yeah. So we are working with other
- 35:12firms to do the audited financials liabilities occur,
- 35:15from the oddest don't reveal every problem.
- 35:18So you're saying that some of them don't want to work with you
- 35:27that raises questions to, they don't want to work with you
- 35:30because you don't have the files and the data, that would make
- 35:33them feel comfortable signing off, and giving that stamp of
- 35:36approval. Actually, many of them, don't
- 35:39even know how to audit quickly changes.
- 35:41They don't they don't they. Oh my God, what the fuck?
- 35:51Hey, so can I so like if someone asks you for two billion
- 35:54dollars, would you be able to like, you know, like if someone
- 35:58would drew two billion when you be able Well let our lawyers
- 36:02deal with that. Like holy cow man.
- 36:06Guys take a few if you know if you're doing the shit coin
- 36:10casino on finance whatever man do you know it's your money.
- 36:13You feel like fucking setting it on fire, that's up to you.
- 36:16Take your shit off exchanges right now, take self, custody
- 36:20finances, not look good. That would, that was not an
- 36:23interview that inspired strength, okay?
- 36:26That it all went downhill for Cristiano when he accepted that
- 36:30by now, Dance sponsorship. Okay.
- 36:32Just went Holy cow, man. It's almost as if like the
- 36:38exchanges as soon as they start doing celebrity endorsements.
- 36:41Like that should be just a giant red flag like what a clusterfuck
- 36:46and I saw a lot of like people talking about this on Twitter,
- 36:49right? Like hey, so you know, if
- 36:53Finance goes down like you know, it's over, it's over, you're
- 36:57goddamn right. It's over for shit coins. 100%.
- 37:00That's a huge hit, but Bitcoin, yeah, you're just gonna get a
- 37:03great discount. Your me be We'll buy cheap SATs
- 37:06and the honey badgers going to be working like as if nothing
- 37:08happened, man. But holy cow, dude.
- 37:11It's like every exchange that dabbles in shit coins, like it
- 37:15just like men, they just get rekt, bro.
- 37:18Like every single time doesn't fail.
- 37:21I'm sorry, Opti. I just, I thought I was going to
- 37:24play that video like earlier on in the episode but then as soon
- 37:26as you told me you're going to talk about, you know, proof of
- 37:29keys and all that shit. I'm like, nope, I'm going to put
- 37:31it right here. Wow, I love that.
- 37:34You added. That and you know, I think to be
- 37:37cleared though he was talking about the ft x by out whether he
- 37:42would give funds back to customers of the ass for.
- 37:46But again we also have that other news that supposedly the
- 37:50audit company. He went to the that literally
- 37:53not doing an audit on by an aunt or any other crypto companies.
- 37:58So not looking good for any of those companies out there.
- 38:01Again this is why we tell you guys consistently take your Coin
- 38:05into self, custody because exchanges are not to be trusted.
- 38:11And someone told me on Twitter the other day that I forget who
- 38:16it was. Again, I forget it's all a blur
- 38:18on Twitter but that we should Ring the Alarm on proof of keys
- 38:22day. Which is January 3rd.
- 38:24And so, you know, this is a, this is a celebration by
- 38:28bitcoiners to, you know, call for Bank runs on all the
- 38:32exchanges out there and not to keep your coin.
- 38:35He's on the exchanges anyway, shouts out to Armin.
- 38:38The parman, I found this article on here.
- 38:41It's a year old, but it doesn't really matter.
- 38:43This is still the same concept. January 3rd proof of keys, Dave.
- 38:47So on January 3rd the anniversary of the first Bitcoin
- 38:50block. Bitcoin is performed the ritual
- 38:52of withdrawing our Bitcoin from custodial services to our own
- 38:56private wallet. So we are ringing the alarm now
- 39:01a week or two before so that everyone everyone understands
- 39:06why we are bitcoiners and why the importance of taking your
- 39:11Bitcoin, not only on, January 3rd, but anytime you get Bitcoin
- 39:17on exchanges and you know, the best time to take self custody
- 39:21is when you buy your Bitcoin but the second-best time would be on
- 39:26or before January 3rd because you do not want to be the last
- 39:28one, you know, went in line, if you are having your Bitcoin on
- 39:32an exchange and they are training a bunch of paper,bits
- 39:35of A coin and they do not have the claims of their Bitcoin.
- 39:39So January 3rd is proof of keys days, guys.
- 39:42And you need to, well, you don't need to, if you don't want to
- 39:45not own your Bitcoin, but as we say all the time, if you have
- 39:48Bitcoin to on an exchange, it's not your Bitcoin, not your keys,
- 39:52not your Bitcoin. So you may have a claim to a
- 39:55Bitcoin but unless you take that Bitcoin into self custody, you
- 39:59do not really own Bitcoin. So until that point, you are
- 40:03trusting someone that you own Bitcoin.
- 40:05Anyways, arm in the parliament goes, what's the purpose of
- 40:08Pookie's days? And that's the subject of this
- 40:11article. I will put it in the description
- 40:12for you guys, but number one is, don't trust exchanges.
- 40:15We tell you guys, every single day exchanges are not wallets
- 40:18number two, we are enforcing the 21 million, hard cap of Bitcoin
- 40:23by taking our Bitcoin into self custody and further ensuring
- 40:27that these Bitcoin companies are not fractionally reserving your
- 40:30Bitcoin because this is literally why we are in the
- 40:33situation, we are in, this is why bit.
- 40:35Home was created because remember what it says in the
- 40:38Genesis block Chancellor on the brink of second bailout, so make
- 40:44sure that you are running your own node, taking your Bitcoin
- 40:47into self custody because you cannot trust these Bitcoin
- 40:50exchanges to hold onto your Bitcoin.
- 40:52This is a story as old as time. If you trust someone to hold on
- 40:57to your money they will most likely fractional Reserve that
- 41:02money. Anyways number three again
- 41:04enforcing the rules. Bitcoin, run your own Bitcoin
- 41:06node, verify your own payments and ensure that you are holding
- 41:11Bitcoin. So again, the point of proof of
- 41:13keys is to fold up into our men. And I agree with this first is
- 41:17to keep exchanges in check. Some may be running fractional
- 41:20reserve and as we had this year, we had proof that a lot of
- 41:24companies are running fractional, Reserve out there.
- 41:26They are rehypothecation the hell out of your Bitcoin.
- 41:29Unless you take that Bitcoin into self custody and further,
- 41:33they may not even have the Bitcoin as As we saw with the
- 41:35FTX the Boggle, guys, this is like the most important aspect
- 41:40of Bitcoin is taking your Bitcoin into self custody.
- 41:43And what do we mean by that is riding down the 12 to 24 words
- 41:46of a Bitcoin wallet, you control whether that's our Jade wallet,
- 41:50whether that's your cold card, whether that's on Specter or
- 41:53Sparrow or pine or Breeze, or Moon again, there's a lot of
- 41:57flavors of wallet out there. There's a lot of trade-offs and
- 42:00it's up to you to pick a wallet that you enjoy the most.
- 42:03Again, I'm kind of becoming a Fan of pine, there's literally
- 42:06only two buttons, you know, send and receive, and that the mobile
- 42:09wallet. Like, I think that's a very good
- 42:12user experience, but when everyone withdrawals is Bitcoin
- 42:15on the same day, then these exchanges become exposed and,
- 42:19you know, potentially collapsing, hence why I'm
- 42:21telling you guys to do it before proof of keys days on January
- 42:24third, because you never know what is happening.
- 42:26And this is how we have, you know, the similar aspect of a
- 42:30Traditional Bank Run. So the fact that there is this
- 42:33threat reduces the chance that changes will take the risk and
- 42:37this is all we are trying to instill in your concerns brain.
- 42:41Take your Bitcoin into self custody because stop eliminating
- 42:45the trust to these middlemen. This is literally why Bitcoin
- 42:48was created again. Go and read the white paper one
- 42:51more time because this is what it says in the abstract and the
- 42:54first sentence of the white paper, there's too much trust in
- 42:59the system and you can take back that Outsourcing of trust by
- 43:03simply taking your Bitcoin. Into sub custody.
- 43:06And we say to every single day self custody is the revolution,
- 43:09provide the value, stay humble Stacks at stake Bitcoin in the
- 43:12self custody and these financiers out there will not be
- 43:16able to re hypothecated. They will not be able to
- 43:19fractional, reserve your Bitcoin and we can ensure the 21 million
- 43:24hard captive Bitcoin, so January third.
- 43:28Proof of keys day. And you need to take your
- 43:31Bitcoin into self custody or else you may be get left holding
- 43:36the bag on paper Bitcoin. Anyways.
- 43:38Nigga. Jump in, bro.
- 43:40Yeah, absolutely bro, got not your keys, not your Bitcoin
- 43:43unfortunately people had needed the FTX you know blow up to like
- 43:48learn that lesson unfortunate sucks but hey, same thing
- 43:53happened with Mal Cox and I think that every time, not
- 43:56everybody but at least a percentage of people Wake up to
- 44:01that reality and I've actually been doing rounds on on Legacy
- 44:05meet. I went on a radio show yesterday
- 44:07I did a show for like a local station in for Fox.
- 44:11I did one for NBC and it's the same thing.
- 44:14It's like cryptos and trouble right now is like your cryptos
- 44:16in trouble but Bitcoin is a Bitcoins doing great, you know.
- 44:20And none of this would have affected you if you just stayed
- 44:23humble Stacks at taking that Bitcoin into self custody and I
- 44:28think that's really the lesson here, right?
- 44:30Dad? That's the lesson.
- 44:31If you just learn it, mine it by it, take it into self, custody,
- 44:36the world could be burning around you and your Bitcoin your
- 44:40wealth, your future. Your energy is safe and sound,
- 44:43right? And I think that's the message
- 44:44that falls down to all of us. All of us individuals to push
- 44:48that message out there. If you got an older member, if
- 44:52your family that's been in the Fiat Matrix for way too long,
- 44:54you could Uncle Jim man, get involved, push that message out
- 44:58there and remember this is information.
- 45:00Ation narrative trench warfare. So every single day on Twitter
- 45:03even if you don't have a big following you see a big account
- 45:07that says something that you like like that?
- 45:09You see some tyrants like Elizabeth Warren.
- 45:13Let her know exactly in the comment section.
- 45:16Of course, color within the lines.
- 45:18Let's speak your mind. Right?
- 45:20Let's Outlets be louder than them member.
- 45:22The internet is, that's our home field.
- 45:24We have home-field Advantage. There are memes are better
- 45:28armed. Ematic Warfare is better.
- 45:30We're going to win this, right? We got this concentrate.
- 45:33Get on the mission anyway. Anyways Opti, let's get some in
- 45:36review. Let's do it of it.
- 45:37I love it. The daily meme review, brought
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- 45:45time. Nico.
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- 46:10It's not the show anymore. We don't do the complete.
- 46:14All right. Boys.
- 46:15And girls. Ladies and gentlemen, this is
- 46:17the main reason why we Arty, have you heard about coomer's
- 46:19qaboun. Best place to buy.
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- 46:25$55 right now. Absolutely amazing.
- 46:28Absolutely amazing. Deals on Kaboom are the only
- 46:32Kaboom acts. Anyways, this is the mean review
- 46:35and you guys know, the meme that starts to me review.
- 46:37Tweets are the bullet to memes are the artillery and you are
- 46:41the front line. Soldiers.
- 46:42Continue to mean we are in an information War.
- 46:45This is not hyperbolic, they are trying to flood you with so much
- 46:49noise that you don't know what's up from down so continue to
- 46:52spread the truth. Bitcoin is that Pillar of Truth
- 46:55and this is why it is our mean world and everyone else is just
- 46:58living in it. Anyways, drop your me.
- 47:00I'm review score after the memes and we will read them live on
- 47:04the show. This first one, as you guys
- 47:06know, I'm a huge fan of Maxis Club, he continues to kill it.
- 47:11Obviously, I am colorblind and he uses a lot of colors.
- 47:13So, it pops out in my mind, in my mind, but he's got to 46 the
- 47:18battle, and we got this little bit coin.
- 47:21Pepe Bitcoin. ER we are fighting against the
- 47:25Fiat monetary system with memes and he goes bad for double spend
- 47:29good for Centralization. And we got a bit cleaner on the
- 47:32scooter. Holding some Bitcoin with flames
- 47:35all around us. I love it bro.
- 47:37Good, good. Artistic integrity over here.
- 47:40This next one. Again guys, I tell you all the
- 47:42time sometimes memes are just quotes and this is something I
- 47:46talk about consistently on the show.
- 47:48Proof of work is a way of life. It's a philosophy to live by and
- 47:53we got a quote here from excelling on Samson Mountain
- 47:55goes Bitcoin, isn't just money. It's also a state of mind,
- 47:58shouts out to bitcoin tea. Aw, I love these quotes and I
- 48:02love how you even have the block height under there.
- 48:04So this was said, June 5th. 2022 at block height of 730. 9333,
- 48:11let's go, I love this format. I think these hit this.
- 48:15Next one is by our friend, 21 JC LP, and he goes, Bitcoin plans
- 48:19are the best and we got a variation on the girlfriend and
- 48:22the Chad Meme and the girlfriends crying.
- 48:25She goes, babe, please pay attention to me.
- 48:27It's been weeks and we got this Chad Bitcoin.
- 48:30With the Santa Claus hat, Tawny good sharing with the Bitcoin
- 48:33plebs is the best. And we got the I think this is
- 48:36the me batard counselor. The meme Factory Council around
- 48:39Bitcoin and goes United, We meme, let's go.
- 48:43Okay, this next one very fitting considering what we talked about
- 48:47on this show, this one is by memeing Bitcoin and it's the,
- 48:52you know, the I think is a super super hero.
- 48:54Pushing the buttons, me money goes Bitcoin, on the left
- 48:58Bitcoin is not backed by anything and Bitcoin uses too
- 49:01much energy in the Bitcoin critics wedding weight.
- 49:03Which button do I push? A Bitcoin is not backed by
- 49:05anything, or it uses too much energy?
- 49:09Oh man, man, people really don't understand what's going on
- 49:12around here anyways, it's next one is by Galleon Bitcoin and
- 49:15goes, I forget this is like what Final Fantasy.
- 49:18I forget. Who this guy is and we got Peter
- 49:20Griffin. He goes Peter, I told you not to
- 49:22leave your Bitcoin on Celsius, block fire or ft egg Skies.
- 49:26This is why we say take Bitcoin into self custody or else.
- 49:30You may be wreck. This next one is by Saving is
- 49:33Bitcoin. I really love this one.
- 49:36This is a bit of a contentious spicy Meme and we have the meme
- 49:40template of a brain and then you know, more more light more
- 49:45neurons firing and going into Enlightenment in the first.
- 49:48One says I want Bitcoins price to go down because it's a stupid
- 49:51scam and then more more firing neurons.
- 49:55I want Bitcoins price to go up because I bought some and then
- 49:58we got more Enlightenment. It goes.
- 50:00I Want bitcoin price to go down because I want to buy more and
- 50:02then we got Pure Transcendence, and pure Enlightenment at the
- 50:05bottom goes. I want Bitcoins price to go up
- 50:08because we will be closer to the end of Fiat.
- 50:10Clown World absolute bars. And this next one, I knew we
- 50:14were going to talk about it. A little proof of keys today.
- 50:17So shout out to our boy on dress AKA son of sets and he goes live
- 50:21view of your Bitcoin. When you're trying to withdraw
- 50:23your Bitcoin from quote unquote crypto exchanges and you can see
- 50:27a bald eagle because the crypto Exchange Defining, what a pigeon
- 50:32or something your Bitcoin guys. If you don't want your Bitcoin
- 50:36stolen from you do not give away your private keys to these
- 50:42crypto shit coin casinos because you may never get that big coin
- 50:46back and it may just end up being pay a Bitcoin and you'll
- 50:49get a I'm sorry. I'm so sorry.
- 50:54Anyways, Nico you did I did see this message that you said you
- 50:59wanted to cover the The fountain Fountain comment.
- 51:02So let me get my meme review score and then get your me move,
- 51:07you score and then we'll cover the fountain comment while we
- 51:10get the, the the mean reviews in the chat.
- 51:13Okay. So my being review score today
- 51:16is this brains Bitcoin mining. Hey, how did you get that?
- 51:20Hey, I asked for it when I saw them like, they had a whole
- 51:23bunch of Miguel. Give me one of these.
- 51:25Can I get one please? Like I want one of these.
- 51:28That's not cool, that's not fair.
- 51:30All right. You can't be the only one over
- 51:33here. Getting the perks.
- 51:35Now I got this out of. Okay.
- 51:38It's a bit block. Boom.
- 51:39All right, I'm going to give it this.
- 51:41Purple USB, wow, USBC cable? Yeah, yeah.
- 51:47Wow, I'm just using regular color.
- 51:49It's a purple one. It's amazing.
- 51:52Okay guys. So while we get the mean review
- 51:54scat, forgive me, forgive me. Okay, we got this.
- 52:01First one is by ABC. Cool kid on Fountain.
- 52:05Thank you very much. He boosted 75 cents he goes
- 52:07regarding the pressure that sailor and buchelli are feeling.
- 52:10The pressure is just as bad or worse.
- 52:11Worse. When it's coming from a spouse
- 52:13Lowell. They remind you every day that
- 52:15Bitcoin didn't go to 100K. I was wrong in the short-term
- 52:18but I'm right in the long term. That's what I say to myself in
- 52:21the mirror every day. And they're talking about the
- 52:24Nick Bhatia interview, we had where he was mentioning that
- 52:27that process that we all go through and how we're all.
- 52:31Just humans trying to usher in Bitcoin.
- 52:35He doesn't like to use hyper Bitcoin ization but the Bitcoin
- 52:38standard to the world. This next one is buys a cab
- 52:41Forgive me. If I said that wrong, another 95
- 52:44sat boost and he goes Fucking Love Corey.
- 52:46Can we make him world leader? Ha ha ha ha ha 66-34 When Corey
- 52:52exposed the coin desk for their anti Bitcoin propaganda.
- 52:57The next one is biting Opti Opti we need to get some of the best
- 53:00things that Corey says and put it on the soundboard.
- 53:03Oh man. Okay.
- 53:04This Dennis Parker shouts out to you bro. 95 cents boost and he
- 53:08goes only signal fire and this is on Pisode 635, only covered
- 53:13the iPhone Creator, creating a Bitcoin Hardware wallet.
- 53:17Next one is bit fire and he goes bring the fire.
- 53:20Another 95 Busan the same episode.
- 53:22We got a few more over here. Last one is by are no D and 855
- 53:28sat boost. Thank you very much.
- 53:30You guys, keep up the good work, boys.
- 53:31Bringing that purifier signal day after day.
- 53:34Oh, and fuck the mattress salesman again on episode 635.
- 53:39I don't remember. I don't remember who the match.
- 53:41Salesmen is but shout out to you guys, we really appreciate all
- 53:45the support. We appreciate all the SATs you
- 53:48guys send us. We appreciate the comment and
- 53:50the people that are clipping, our content, we love it guys.
- 53:53You know, we say it all the time continue to push Bitcoin signal,
- 53:57it doesn't just have to be simply Bitcoin just you know get
- 54:00that out there. Let's saturate the mainstream
- 54:03popular content. Oh dang.
- 54:05You got 10 guys? If you You simply Bitcoin
- 54:12marriage. It just dropped, check out.
- 54:14Simply check out the simply Bitcoin merch at represent
- 54:17LTD.com is the hatches came out and of course you know Nico
- 54:22likes wearing the camo hoodies. All original Super high-quality
- 54:27take advantage of the promo code simply Dash Bitcoin.
- 54:30Get 10% off represent LTD.com search simply Bitcoin merge on
- 54:34representing TD. We're going to start putting the
- 54:36direct link in the video description.
- 54:39Anyways. Alright, let's get Hat.
- 54:41And that Dad hat, though. All right?
- 54:45Also comes and also comes in Black to, all right.
- 54:47So let's let's check out some of these scores.
- 54:50All right, first one by be aware and focused meme score and
- 54:54orange number one. Foam hand alright next one bye
- 54:58Brandon score, active underscore exchange underscore Fudd, great
- 55:06rope writing those memes, my soon-to-be BK, bucket hat.
- 55:10Oh man, Oh man. Oh man.
- 55:12Alright next one by Diaw. Janice I give by the way, shout
- 55:15out to genus man. He helps so much.
- 55:19He helped so much with the background stuff with the
- 55:21production of the show. Shout out to you man, we're
- 55:23forever, indebted the oddness of great.
- 55:26Gives it I gave those me. I give those memes a 38 of 75
- 55:30multisig, come at me Central under this.
- 55:34I give the memes one of those glasses that let colorblind
- 55:38people see color, I've never used one.
- 55:42You know, I should go try it and then please like tape the
- 55:45reaction. Okay.
- 55:45Bitcoin for Canadians. I give the memes poor CZ.
- 55:49Looking like a wrecked goose. Next one at no poday, says I
- 55:54give those memes. Simply Bitcoin.
- 55:57SPF SPF. So bar, only dropped 12.
- 56:01That's rough. You guys are Savage.
- 56:04Brave elevator. I give the memes.
- 56:06The one Grinch Stole Christmas VHS.
- 56:09Wow, BHS Maxi. Tell me your old without telling
- 56:13me you're old. I do Pearl.
- 56:15I give the memes. Niko's, missing perks.
- 56:20And Elaine says, I give it a 5. Why do girlfriends always look
- 56:26stupid. So stupid it isn't it up to
- 56:28bitcoin ER to win her over. We got a few more.
- 56:33We got Frank arm, I give the memes a fast increasing value of
- 56:38a trump nft. Hey surprisingly though those
- 56:4145,000 cards that he sold, they all sold out, we'll really they
- 56:46also doubt. Wow.
- 56:47And it was like nine dozen you made four million.
- 56:50Hours of those fucking cards Bitcoin.
- 56:52Becca I give those memes 21 SATs on by Nance, by the way, they
- 56:57weren't shit coins. There are physical cards was.
- 56:59It was it was it actually only in FTS.
- 57:01I think it was in and of tea bro.
- 57:03Oh god, wow. So Donald Trump is a shit coin
- 57:06scammer. That's hilarious.
- 57:08I mean first he hates Bitcoin and now he's a shit coin scammer
- 57:11legit. I'm hey hey we're not doing the
- 57:13spaces today so I can say this Legend underscore 5150 I give it
- 57:17a used condom. Nico doesn't get uncomfortable.
- 57:24Okay, I think that was it. I think that was it for today.
- 57:27Okay, that's the buzzer. All right, guys.
- 57:29Also check out Simply Bitcoins blog simply Bitcoin, unfiltered,
- 57:33go to www.subply.com dot news. Also check out Simply Bitcoins
- 57:36kg group. It's a party in there.
- 57:38Almost 700 people, w-w-w dot me, /, simply Bitcoin TV.
- 57:42If you want to lick ass memes, that is where you do it anyways,
- 57:46off to the pub site or software. It is a software, but Niko I
- 57:52just saw this breaking news right now, Bank of international
- 57:56settlements, announces a new policy that allows Banks to hold
- 57:58two percent of reserves in Bitcoin and chicoine.
- 58:01So today, 2%, interesting, interesting.
- 58:05I like, we got a Super Chat. Let's go.
- 58:08Let's pull it up. Thank you, thank you, thank you.
- 58:10Vague super, Chaat, supertramps. Finding labeled.
- 58:15I'm going to troll Nico and Opti 10 bucks at a time.
- 58:17Oh well, thank you. Are not a bug by the way.
- 58:20The rules for the super chatter this, no matter where we are in
- 58:23the episode, we will pause it and read the chat.
- 58:26Whatever it is that you decide to say.
- 58:31Anyways, everybody, oh God, I don't know how that's gonna
- 58:35work. It is gonna be so bad.
- 58:37You should have never said that, but now we are holding ourselves
- 58:39to, it's good entertainment. All right, website or web site,
- 58:42it's a website website, software software software, software,
- 58:47Bitcoin, software release, Not to you by Cipher safe.
- 58:52Don't be that person that loses their Bitcoin seed.
- 58:55Due to fire damage water damage dog.
- 58:58Attacks back up your generational Bitcoin wealth on
- 59:02steel and there's no better place to do it than the cipher
- 59:06grid by Cipher safe and now check out their new Bitcoin art
- 59:10the Bitcoin rulebooks triangle only on Cipher safe dot IO.
- 59:16All right, all right. Everyone is telling us that that
- 59:19rule lll change quickly on his Nika, the super Geritol.
- 59:23But this is a software release. And as I tell you guys all the
- 59:26time today software release is BTC pay server.
- 59:30And in my opinion, one of the most important projects in
- 59:33Bitcoin. There's obviously a lot of
- 59:34important projects, but this is one that is dear to my heart.
- 59:37So anyways, shouts out to the BTC pay server team.
- 59:41They just released a new update 1.72.
- 59:44They release this 8 hours ago, and it's got new features bug
- 59:47fixes, improvements, and miscellaneous.
- 59:50Updates guys. So I just realized, I didn't add
- 59:53this to show notes this morning, but I'll have it there for you
- 59:55guys, right. When this ends go update your
- 59:58BTC pay server and make sure that you are able to receive
- 1:00:03your Bitcoin for your start. Okay.
- 1:00:05Okay. Very nice.
- 1:00:06I love, it's one of my favorite open source.
- 1:00:09Software is, by the way, I think it's super, super important.
- 1:00:12The UI is super clean as well. Oh guys.
- 1:00:17No space is today. Ilan.
- 1:00:19You heard that we played it for you for a reason.
- 1:00:21Love you all guys. Coincidentally spaces dozen or
- 1:00:25it's been a freaking crazy, right?
- 1:00:27Coincidentally has been a crazy week Elizabeth Warren right.
- 1:00:31The power company in Japan. Holy cow.
- 1:00:34Anyways guys we love you all. Thank you so much for staying
- 1:00:37with us if you enjoyed the video and what to do like consider
- 1:00:40subscribing. Share this video to spread the
- 1:00:43peaceful Revolution and we'll see you a morning for brand-new
- 1:00:46episode of Simply Bitcoin live.