Latest / Simply Bitcoin / Michael Saylor: Mainstream Bitcoin Awareness is EXPLODING | EP 865
Transcript
- 0:05It's. All.
- 0:06Going to zero against Bitcoin. It's going on forever.
- 0:18You're against Bitcoin. You're against freedom.
- 0:23Yo, welcome to another episode of Simply Bitcoin Live.
- 0:25You're your number one source for the peaceful Bitcoin
- 0:27revolution. Color breaking news culture.
- 0:29Matic warfare. We will be your guide through
- 0:31the separation of money and state.
- 0:35Anyways, Michael Saylor is just he he's just taking it all in.
- 0:40He's he's he's having a VV dance right now.
- 0:43He's up on his Bitcoin investment.
- 0:46I saw a tweet the other day. Did you guys know that every
- 0:51$1000 Bitcoin goes up in price? The Michael Saylor's Bitcoin
- 0:57investment goes up like $158 million?
- 1:01It's just some like absurd amount like that.
- 1:05So yes, Michael Saylor is vindicated and more importantly,
- 1:08we're going to play you guys a clip today where he's making the
- 1:12case. That we've been making for this
- 1:16last week, really for the last couple of weeks, that Bitcoin
- 1:21awareness is going mainstream. You're seeing that.
- 1:25You're seeing that when Natalie Burnell, we played you guys the
- 1:27clip on yesterday's episode where she went on Fox Business
- 1:31and she's literally saying how Bitcoin is the money of peace
- 1:35and Fiat is the money of war. How Bitcoin gives the
- 1:38opportunity to the younger generations, the millennials and
- 1:41the Gen. Zers.
- 1:42And she's saying this on legacy mainstream media, right?
- 1:46So yeah, I I completely agree with, with Saylor.
- 1:49Bitcoin is going mainstream. It is the legal tender of of of
- 1:53a nation state of a country. And I think that in the next
- 1:57cycle, there's gonna be so many public companies, there's gonna
- 2:00be so many countries, they're gonna be looking at what Michael
- 2:04Saylor is doing and looking at what Nayan Bukele is doing.
- 2:07And just come to the inevitable conclusion that, OK, the Bitcoin
- 2:12strategy is obviously superior. It's obviously the way to go,
- 2:17right? So anyways, very, very exciting
- 2:20times. We are ending the week with a
- 2:23bullish episode, but in the montage as well, I added some
- 2:27other things because I can't just be full, you know, bull
- 2:31tard all the time. We are going to talk about CBD,
- 2:35CS and digital IDs that they're planning to roll out in Europe
- 2:40and all over the world, make no mistake.
- 2:43And you're seeing the attacks by governments.
- 2:46You know, the SIOP attack by Elizabeth Warren and Co and her
- 2:49media allies to try to shove down the throats of Americans.
- 2:56These Crazy, insane Proposals by the Fin CEN.
- 3:00That would basically make it like look down upon for you to
- 3:04use a single use Bitcoin wallet address, which is like by
- 3:08default, that's how they work, right?
- 3:10So like, obviously you can make the case that there was more
- 3:13sinister intentions when they made these crazy proposals,
- 3:17right? So anyways, you don't call it
- 3:20the separation of money in state for no reason.
- 3:22That's exactly what we're living through ladies and gentlemen.
- 3:25And the way that you protect yourself through all this chaos,
- 3:27all this madness, the great disintermediation is by taking
- 3:31self custody of your Bitcoin. Anyways everybody, no more
- 3:35delay. I want to bring up my legendary
- 3:36Co host. He is optimistic today.
- 3:39He must have spent the night with Chrissy.
- 3:41How you doing out there? No, I did not stop spreading
- 3:45fake news, Nico. I'm doing well, man.
- 3:47It's Friday. It's Friday.
- 3:48What's up everyone? Hope you guys are going to have
- 3:50a good weekend. And then I have to.
- 3:52I have to off the rip combat something you said, Nico.
- 3:58I stay bull tarted. Always stay bull tarted.
- 4:00This is the way. Always stay bullish, but of
- 4:04course be conservative and make sure people don't get wrecked
- 4:06out there. That's that's always some good
- 4:08wisdom. And before we go on.
- 4:11Guys we apologize for starting a little bit late.
- 4:13I see some people complaining. You know we had we had to take
- 4:16care of some business had to deal with some technical issues
- 4:18to get our guest on point today like hey we do our best to make
- 4:22sure we're on time. So forgive us guys, we don't do
- 4:25it often. I get it.
- 4:26You know we will respect your time.
- 4:28We love you guys. I.
- 4:30It is what it is. Sometimes we're a little late,
- 4:31you know, Hey, we love you, we love you.
- 4:33But there's things that that happen that are outside of our
- 4:38control. Anyways, on that note, let's
- 4:40bring in our guest shouts out to Tony Miltenberger, A bitcoiner,
- 4:45and I think he's going to drop some wisdom on us about
- 4:48connecting the dots of inflation today in the culture.
- 4:50So I'm excited for this one. You know, we we love to spread
- 4:53that wisdom and and try to. Get our minds right when we have
- 4:58these conversations with our Normie friends and family and
- 5:00everyone out there that tells us we're wrong.
- 5:02Anyways, Tony, how you doing this morning?
- 5:05I'm very good. Thank you very much for having
- 5:08me on the show and Happy Veteran's Day.
- 5:10Let's go so it's and it's Friday, so let's.
- 5:14Let's make it a good one. Absolutely.
- 5:16It is Friday. It is Friday after all.
- 5:20For 100%, we have made it through the week.
- 5:22Let's finish it. Let's finish it off Very, very
- 5:26strong. All right, everybody, no more
- 5:27delay. Let's jump straight into the
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- 6:58time of recording the Bitcoin price is 37,310 SATS per dollar,
- 7:052680 block height, 816,170 blocks to halving, 23,830
- 7:16halving. Estimate April 20th, 2024.
- 7:20Total lightning network capacity 5000 Two 5278 Bitcoin capacity
- 7:26value It's roughly around 200 million U.S. dollars Realized
- 7:30Monetary inflation 1.74% The market capitalization of Bitcoin
- 7:36$728 billion With the B Bitcoin verse gold market cap, We're
- 7:42sitting pretty at 5.58% continues to crawl up once
- 7:46Bitcoin reaches the market cap of gold.
- 7:49That would put the price of Bitcoin at roughly 500,000 to
- 7:53$600,000 per coin. Anyways, I have a video for you
- 7:57guys of Michael Saylor. Just just bullishness saying
- 8:01that made that Bitcoin. The Bitcoin awareness is going
- 8:04mainstream. Also in the clip I included a a
- 8:08a clip of Jerome Powell losing it.
- 8:12Cursing out and like trying to like say we just kicked these
- 8:16climate protesters out of the room.
- 8:18And of course we have Congressman Davidson basically
- 8:26making the case as to why, you know, CBDC should not Warren
- 8:30Davidson should not be passed in the United States saying the
- 8:34quiet part out loud. I suspect that this fight will
- 8:36continue to accelerate and it will get bigger and bigger and
- 8:39bigger. Because it's very clear.
- 8:41Governments all over the world are are making it very clear
- 8:44where they want the future of money to be.
- 8:48They don't want a money that they don't issue, They don't
- 8:51want a money that they can't censor and confiscate, you know,
- 8:55at the flick of, you know, at the flick of a switch, right.
- 8:59So anyways, I'm going to play you guys the video and then
- 9:01we'll talk about it. Stream Awareness seems to be
- 9:06reaching new heights for Bitcoin.
- 9:10We have. We have the likes of Larry Fink
- 9:14referring to it as a flight quality.
- 9:18We have Druckenmiller noting that it's a legitimate asset
- 9:24embraced by an entire generation and lamenting that he doesn't
- 9:29own more of it or own it. We have Mohamed El Erian on
- 9:33television, noting that Bitcoin is being viewed now as a safe
- 9:38haven asset. We have a lot of coverage of
- 9:42Bitcoin in television, on television networks, news
- 9:47networks, and also through mainstream media that should
- 9:49continue to grow as that coverage increases.
- 9:54That combined with increasing availability of Wall Street
- 9:58analyst coverage and new voices emerging in the community like
- 10:04like Fidelity with their analysis of Bitcoin.
- 10:10All of those new voices and new interest is driving education of
- 10:17a new generation of investors. I think we can expect more of
- 10:22that during the coming 12 months.
- 10:24And all of these things together just create a virtual cycle.
- 10:27And as they drive Bitcoin awareness, they should drive
- 10:31Bitcoin investment. And that should drive more news
- 10:34and that should drive more awareness and that should
- 10:37catalyze more and more firms. To take an interest in
- 10:40supporting Bitcoin or investing in Bitcoin, I think the Chairman
- 10:44this amendment expands upon the base text.
- 10:46The base text says that none of these funds may be used to
- 10:49establish a central bank digital currency, and a central bank
- 10:54digital currency shouldn't be established.
- 10:57Establishing could mean though that it has already been created
- 11:00waiting in the wings, just in case we need it.
- 11:03So for Star Wars fans, imagine if we let the Empire build the
- 11:06Death Star as long as they promise not to turn it on.
- 11:10Let's not do that. Let's not build the darn thing
- 11:12in the 1st place. We shouldn't design it or
- 11:15develop it and it shouldn't exist.
- 11:18So that's the point of this amendment.
- 11:19Stop wasting your time on something that the American
- 11:22people don't want and Congress hasn't authorized.
- 11:25GDP growth in the third quarter was quite strong, but like most
- 11:29forecasters, we expect growth growth to moderate in coming
- 11:32quarters of course. Help by refusing to treat
- 11:37climate change like this is OK. Thank you.
- 11:41Thank you very much. Disaster.
- 11:43Thank you very much. Thank you.
- 11:50Just close this fucking door. Oh man.
- 11:58He He's had, he like. He's had so much shit.
- 12:03That might be the most Chad move by Jay Powell I've seen in a
- 12:05while. Maybe Jay Powell is like
- 12:07secretly based. He's like, you know, fuck this
- 12:10shit, close the God damn fucking door.
- 12:13Oh man, that is hilarious. That is absolutely hilarious.
- 12:17Yeah man, I think everyone's just fucking sick and tired of
- 12:21of clown world right now these days.
- 12:24But so going back to the Sailor point.
- 12:28He painted this, this great picture of all these very, very
- 12:33powerful institutions, influential institutions, these
- 12:37asset managers that have trillions of dollars, assets
- 12:40under management, all getting into Bitcoin, all the interest
- 12:44getting to Bitcoin, the the media interest getting into
- 12:48Bitcoin. Because all these large players
- 12:51are moving in. And mind you, this is a chart
- 12:54that he posted back in. August 2nd, 2023 the price of
- 13:00Bitcoin was, you know, a lot smaller than it was a lot lower
- 13:05than what it what it is today. And it it it.
- 13:08Look, this speaks for itself. MicroStrategy outperformance
- 13:11since adoption of Bitcoin strategy.
- 13:14Anything else? Look, if you put your money in
- 13:16gold, it would be down. If you put your money in silver,
- 13:18it would be down. If you put your money in bonds,
- 13:19it would be down. You could say the tech stocks
- 13:22performed pretty well. Oracle performed really pretty
- 13:25well. Bitcoin still performed the best
- 13:28and MicroStrategy performed better than everyone else.
- 13:31So clearly, Michael Saylor on a public company front is proving
- 13:37to the entire world that the Bitcoin strategy,
- 13:42Microstrategy's Bitcoin strategy is superior.
- 13:47It it works. And I think that next cycle,
- 13:51it's going to be irresistible. For other public companies not
- 13:55to follow suit. And it will get to a point
- 13:58eventually where if you don't have a Bitcoin strategy, you're
- 14:02going to be left behind. And I think Michael Saylor is
- 14:05proving that right now. He's vindicated.
- 14:08I think his average cost per coin was like 29,029 to 30 K So
- 14:14he's up on his investment right now and we're just in the first
- 14:18innings of the next bull market cycle.
- 14:22So yeah, I mean, this is absolutely crazy.
- 14:25This is incredibly bullish. And he just looks super tired on
- 14:29that interview because, you know, I think he's sick and
- 14:32tired of saying the same thing every single time.
- 14:36But someone just put it in the chat because that chart that I
- 14:39showed you guys was old. Apparently MicroStrategy is up
- 14:42500% this year. I have to verify that.
- 14:45But but yeah, man, that's that's pretty crazy.
- 14:49Anyways, Opti, what are your what are your thoughts bro?
- 14:52Yeah, I think that metric or that tweet that we both saw
- 14:55yesterday, the I I don't have it on hand.
- 14:58I tried to find it real quick so we can verify.
- 15:00But every $1000 move in Bitcoin Sailor is in profit by what was
- 15:05it like 158 million or even more or something like that, Like
- 15:08it's just absolutely incredible. And so imagine, you know, we see
- 15:12the Bitcoin price go up and we feel good about our gains.
- 15:14But just imagine every little incremental move, you're just
- 15:18making millions on it. And that's just goes to show
- 15:21that. Holding Bitcoin on your
- 15:23corporate treasury, on your balance sheet is the probably
- 15:27the best move for everyone out there and we've been covering it
- 15:30all year long about all the corporations out there with FIA
- 15:33on their balance sheet and just that they're holding, you know,
- 15:37melting ice cubes as Sailor always says and.
- 15:40So just to just to interject real quick, this is the micro
- 15:44strategy chart. They're they're not up.
- 15:47What do they say 500% this year? That is not true.
- 15:51They're up. Well, the whole.
- 15:53Let's see. Since the Bitcoin bottom they're
- 15:57up roughly 62.95. We'll go back further, go back
- 16:01further, what's? Let's let's look back on a five
- 16:04year scale, right. Since they started their, you
- 16:08know their Bitcoin strategy, you could say that's in the early,
- 16:11what is early 2020, They are roughly yeah, roughly 500%
- 16:16that's that's true. OK.
- 16:17OK. Roughly 500%.
- 16:20That's not that bad. That's. 3320 but you know,
- 16:22close. Yeah, 333-2322, but anyways,
- 16:27close enough. Close.
- 16:28Enough. But yeah, it just goes to show
- 16:30and moving forward then this next year, next two years, going
- 16:34into 2025, it is going to be. Absolutely a stupid move if
- 16:41you're a corporation and don't have Bitcoin on your balance
- 16:43sheet and say there's going to prove that to everyone out
- 16:46there, you know Nico, he says. Naive Bukele will prove it on a
- 16:49nation state level and all us, just individuals will prove it
- 16:52on that individual level out there that like you need to be
- 16:55holding some Bitcoin, especially as it goes up.
- 16:57It doesn't need to be your entire net worth, but you need
- 17:00to have some at least to protect yourself.
- 17:02And here we are and and Saylor has been saying what we've been
- 17:05saying on the show for a long time.
- 17:06I really do believe. That we have crossed the Rubicon
- 17:10into mainstream consciousness and everyone is going to have a
- 17:13stance on Bitcoin right now moving forward.
- 17:16You're either, you know, what do we say, you know, you're either
- 17:18for Bitcoin or you're for slavery.
- 17:20You're either for prospering or you're for debasing the future.
- 17:24And funny enough, I was kind of having this conversation last
- 17:27night at dinner. I've just kind of.
- 17:30Putting all of the receipts on the table and just like talking
- 17:33about everything going on and how I just think like I this
- 17:36next bull run is really angling to be a perfect storm of
- 17:40bullishness for us. And you know, I was bringing all
- 17:42the receipts. We bring the receipts on the
- 17:43show all the time. But just it goes to show that
- 17:48once everyone starts talking about Bitcoin, I I really think
- 17:51we are all bearish because I I think there will be a crazy FOMO
- 17:56in regard to Bitcoin. And you know, being someone that
- 18:00fell into the FOMO in 2017 when I thought it was going to be
- 18:03like a hyper bitcoinization, I think this is going to be
- 18:06magnified. And we're all being very
- 18:07conservative in our Bitcoin prediction because we all got
- 18:10Burt last time. So we're like we're afraid to
- 18:12even talk about Bitcoin stupidly bullish.
- 18:15Hence why I'm telling you I am going to be stupidly bullish up
- 18:19front. Anyways, Tony, what's your
- 18:20thoughts? Oh, sorry.
- 18:26You're muted. You're muted for some reason.
- 18:28Go again. There we go.
- 18:32No, I'm, I'm, I'm very excited. What is, you know, what is in
- 18:35front of us? And it it does, it provides so
- 18:40much hope and I'm just, I'm, I'm jacked up that we're able to sit
- 18:43here you know front row and actually get to watch this
- 18:47happen. And so, yeah, no, I'm, I'm, I'm
- 18:52super stoked. Let's go, shouts out to the
- 18:56chicken coop, though. Are you in a fucking whole world
- 18:59chicken coop right now? Holy, Holy.
- 19:03Holy, this is who I come out and try to, you know, own it.
- 19:05Oh my God, Take a screenshot. Post it on the Simply Twitter.
- 19:10This is the first time for simply Bitcoin.
- 19:13Holy cow. We'll look at that smile and
- 19:16that screenshot I got. That is hilarious.
- 19:19That is. So we got 20, 20 chickens.
- 19:22Can you pick one up, ladies? Better start laying eggs soon.
- 19:25Can you pick one up, Mike? It's Oh good.
- 19:28I yeah, I got to find one. I've only had them here for like
- 19:323 weeks. Yeah, I could probably pick one
- 19:35up here. Let's see.
- 19:36Get. Out of here.
- 19:51But yeah, it's just, you know, I, I, you know, I traded my
- 19:58life. I moved you know, from Seattle,
- 20:00WA 2 1/2 years ago out to the East Coast.
- 20:05And this is just, you know, one of the the new tricks.
- 20:08You know, you get to pick up and learn how to do.
- 20:11I was a commercial broker, did real estate out in Seattle and I
- 20:18did that for 20 plus years. And you know, started at the
- 20:22bottom, was able to work my way up and really get to a high
- 20:27level at the real estate level where you're really getting to
- 20:31see, you know where is this, you know, who is buying the real
- 20:34estate, where the money's coming from, who are these players that
- 20:38are in town. Well, it wasn't always like
- 20:41that. When I first started out, it was
- 20:43a, it was a, it was a market and I just focused on industrial,
- 20:48but it was a market that was owned by, you know, like your
- 20:51parents and my parents. And maybe we'd team up and own a
- 20:54building together and you know, we'd lease it out to these, you
- 20:59know, other local businesses. And we never really pushed too
- 21:04hard on the rental rates because we never wanted these guys to
- 21:07move out. We like the cash flow.
- 21:09Well, Fast forward to, like you know, when I started was in 2000
- 21:14and then in about 2008, 2009, 2010 is where the institutional
- 21:20money came to town. And then it it's the the
- 21:24changing of the guard happened and it happened right underneath
- 21:27our nose where the local families no longer open, you
- 21:31know, own the real estate they had sold them to the
- 21:33corporations or the institutional money.
- 21:36And so you know, when you're young, you know I'm 46 now, but
- 21:41you know take 10 years, you know, away from that or you know
- 21:44or or 15 years back, I got to be right there where it switched
- 21:49over and to these institutions. And so institutions, they don't
- 21:54really care about cash flow. They do at some point, but
- 21:57they're there to get the highest price per square foot.
- 22:01And then that highest price per square foot for the rent then
- 22:04gets passed back down to the, you know, to the local business,
- 22:08which then gets passed back down to the consumer.
- 22:11And so all of a sudden you had, you know, rates that have been,
- 22:16you know, that had just been slowly going up over the years.
- 22:20And then cheap money arrived and they just took off like this
- 22:23because now you went from local landlord to a professionally run
- 22:28landlord on these buildings. And so you have these people
- 22:32that went from a rate of paying, like, let's say, $0.40 a square
- 22:35foot monthly to, you know, 60 cents, 80 cents, $1.20.
- 22:40And you're just like, wow. And then some of these
- 22:43companies, you know, they have these leases that they sign
- 22:47every three or five years. And you know, let's just say
- 22:50the, the landlords, you know, changed within that period that
- 22:54they had their lease. And it's like, well, I've been
- 22:57dealing with this local family. Now I'm dealing with who is
- 23:00this? And it is, it's a, it's a a
- 23:03professional landlord and and you're going to battle and
- 23:07you're sitting there going, well, I was paying $0.40, why am
- 23:10I paying $0.80? And they're like we'll go look
- 23:13around. Every building around you is now
- 23:16owned, you know, with, you know, institutional money and there
- 23:21are no, you know, cheap deals out there because the the change
- 23:24has happened. And so, you know, as I'm
- 23:27watching this happen, I'm, I realize, you know, I'm a part of
- 23:31this and you know, you're just like, well, Jesus, you know, and
- 23:35then everybody is you. You see some of these local
- 23:37businesses that used to be local that were the tenants, well, now
- 23:40they're all institutional and and you know, at the end of the
- 23:42day it just comes back to higher prices for the consumer.
- 23:47And so I was able to use that perspective, you know, and as
- 23:51I'm going and traveling through my Bitcoin, you know,
- 23:55understanding that you know all of Bitcoin and what it is,
- 23:59you're just like, holy shit, what industry hasn't been
- 24:03absolutely destroyed by cheap money?
- 24:06And there isn't one that you know, that hasn't been touched.
- 24:10And and and so that's where I'm just like, you know, when you
- 24:15find Bitcoin and realize how this changes the incentives of
- 24:19our money, you're just like, wow, how is this, how is this
- 24:23possible? And so you know, this can't be
- 24:25possible. I go to bed and I think now this
- 24:27is, this is a a a farce. And then you wake up, you go
- 24:31through it again and you're like I'm more bullish today than I
- 24:33was yesterday. And so I just, I can't wait to,
- 24:38you know, to see this happen. I wish it would just, you know,
- 24:40happen a little faster. But it doesn't.
- 24:42It's just it's we got a front row seat and it's going to be
- 24:46such a positive and it's it's really it's, you know, the
- 24:49people that jump on board today and don't prolong it, it's going
- 24:53to be a softer landing for them. But make no mistake, you're
- 24:57going to have to you're going to have to join this network just
- 25:00like nobody knew that they were an Internet company.
- 25:03Well, you're now a Bitcoin company and we're going to you
- 25:07know, unleash that, you know the true powers of the Internet
- 25:10through Bitcoin. And so I, I, you know, I go to
- 25:13these conferences, I meet guys like you and I'm seeing
- 25:18everything that's being built on top of Bitcoin.
- 25:21And I think I'm bullish. Well these people are five years
- 25:24bullish in front of me. They've they've left me behind
- 25:27and they're I'm just scrambling trying to figure out what
- 25:29everybody's working on. And that's where I'm just like
- 25:32this is we are so far at the beginning and I you know I am I
- 25:37I just I I feel so you know lucky to have been introduced to
- 25:42Bitcoin and just see that this our kids have such hope and and
- 25:49and just civilization you know and it it affect I I look at it
- 25:54you know quickly from my point of view but you can look at it
- 25:58through so many other people's point of view and how it affects
- 26:02them positively and you just you can't deny it so.
- 26:07Can't deny it. Can't deny it.
- 26:09Is that a Bitcoin white paper on the back of your chicken coop?
- 26:13It is. I couldn't you know, as I sat
- 26:17there, I I I had it in my house and you know, I had it printed
- 26:23and it didn't print out well. So it's it's it's blurry.
- 26:26So then and I was like, well, shit, I'm just going to bring it
- 26:28out to the chicken coop. I know what it is.
- 26:30So when I feed these guys I, you know, now I can see it every
- 26:32day. And so anyways, I think it's
- 26:36appropriate. So you're streaming live from a
- 26:39chicken COO and you have a Bitcoin white paper in your
- 26:42chicken COO? Yeah, I thought.
- 26:45That's pretty fucking bad ass, bro.
- 26:46I'm, I'm, I'm not going to lie, that's that's pretty.
- 26:50That's pretty. It's pretty crazy.
- 26:52I'm tweeting it out right now. Breaking, Breaking.
- 26:57Well, I just need these. I need these chickens to start
- 26:59laying. Like I said there, I've had them
- 27:02for three weeks and so they anytime now they're we got them
- 27:07at 19 weeks and so any any time they're these ladies are.
- 27:10Going to be well, all the power to you, bro.
- 27:12That is badass. I I Opti we got when when we get
- 27:17the studio, bro. We just got to have chickens
- 27:19just walking around, bro. Because if not we're not doing
- 27:22it right. Anyways, I want to give a shout
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- 28:22All right, everybody, let's hit the news.
- 28:27The Daily News I want to give a shout out to our sponsor,
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- 29:52Anyways everybody, so this is what I wanna talk about today.
- 29:56We always talk about the theme Bitcoin or slavery.
- 30:00A lot of people think I'm hyperbolic.
- 30:02I brought this up to beauty on a bit block.
- 30:04Boom 2023, he said. Nico, you're wrong.
- 30:06It's not Bitcoin or slavery, It's Bitcoin or death, right?
- 30:11And a lot of people are like, no, that's so hyperbolic.
- 30:13That's not true. That's an over exaggeration,
- 30:16right? That's what people say.
- 30:19No, absolutely not. Because Fiat is the money of
- 30:23war. The Fiat and Fiat is the money
- 30:26of endless wars. Fiat is the money of of capital
- 30:30misallocation. Governments could spend an
- 30:33unlimited amount of money funding.
- 30:35You know these programs that you might not necessarily agree
- 30:38with. Some of those programs are
- 30:39funding wars, right? Some of those.
- 30:42Some of those programs might be funding censorship and God knows
- 30:46what, right? So as time progresses and
- 30:51governments get more desperate because more and more people.
- 30:54See the escape valve, To use Christine Lagarde's own words,
- 30:58Who was the head of the IMF? Who's currently the head of the
- 31:03European Central Bank? Who's also a convicted felon.
- 31:06And that's probably why Opti and her fell in love.
- 31:09The. That's a joke.
- 31:13But but yeah, so check this out. This is not a parody.
- 31:17I read this on Simply Sessions last night and I was just
- 31:20awestruck because it's absolutely insane.
- 31:23So this is serious. This is not a parody like this
- 31:26is like they're being real. They even add a picture, you
- 31:29know, they're like hash tagging it and everything one step
- 31:33closer to the first trusted and secure EU digital identity
- 31:38framework. Today's final agreement on the
- 31:40EU digital identity wallets paves the way for a successful
- 31:44digital decade. In which every European has
- 31:47access to safe and secure digital wallets across the EU.
- 31:51That's right ladies and gentlemen.
- 31:52Without the EU digital identity, you don't have access to safe
- 31:57and secure digital wallets. Let's ignore all those open
- 32:01source Bitcoin wallets that gives you access.
- 32:04And secure access to your Bitcoin ad that they don't
- 32:07exist. But take a look at how they have
- 32:10Co opted the language. They're now using our language
- 32:13in a lot of this rhetoric bro. So check it out.
- 32:16All EU citizen residents and businesses will be offered a
- 32:19possibility to have an EU digital identity wallet to
- 32:23access private and public online services.
- 32:26This revolutionary tool right? We've heard that before.
- 32:30Empower users like. Guys, wording is important.
- 32:35Framing is very, very important. They are literally using our
- 32:40vocabulary. Make no mistake, that is not a
- 32:44coincidence, right? But also take a look at, you
- 32:47know the engagement on this. This is a is at 130,000 people
- 32:53following. You know, it's it's decent.
- 32:56I wouldn't say it's that crazy. 212 likes for the size of that
- 32:59account. I wouldn't say it's very
- 33:00impressive. But clearly you know their their
- 33:03information is working. I don't know, I want to know who
- 33:05these 212 people are, but anyways, because I definitely
- 33:11want to send them a video about Bitcoin or something.
- 33:14But anyways, it goes on to say the revolutionary tool will
- 33:16empower users, put them in control of their data and
- 33:20privacy. Enhanced security, like all of
- 33:23that, is BS. Like Total BS, this
- 33:26revolutionary tool will empower the government, put the
- 33:29government in control of the data and privacy and enhance
- 33:33security, enhance security bullet, I mean it depends on how
- 33:37you define security. So it goes on to say on top of
- 33:41that, the EUEID will allow users to open bank accounts, make
- 33:46payments, hold digital documents.
- 33:49These can include a mobile driving license, a medical
- 33:51prescription, a professional certificate, or a travel ticket.
- 33:56For citizens, the EU Digital Identity Wallet will offer an
- 33:59easy and practical alternative to online verification while
- 34:02giving complete control over their personal data.
- 34:06Like, I mean, dude, I think this is this is a terrible dystopian
- 34:11idea. And the fact that they're trying
- 34:14to connect your ID with. A CBDC, they're trying to get
- 34:20rid of the relationship you have with the bank, and it's going to
- 34:23be a direct relationship that you have with the government.
- 34:27It is dystopian. And look, if you want to take a
- 34:31look at where this could go and where I think they're heading
- 34:35with this based on, you know, the rhetoric and the language
- 34:38coming out of the videos coming from the World Economic Forum,
- 34:41we played you that video of that central banker getting getting
- 34:44all giddy. Talking about CBDC's and how
- 34:46that will allow them to control certain aspects of society,
- 34:50right here is China's social credit system.
- 34:53And I think we've showed this on the show many, many, many months
- 34:56ago. But it it it, it's a great
- 34:59graphic to explain what the social what what a social credit
- 35:03system is and how it can be connected to a CBDC and how that
- 35:09can be used as a forcing function on on society.
- 35:14Essentially what they do is that they incentivize good behavior
- 35:19defined by the government, and they de incentivize bad
- 35:23behavior. Now the problem is that what if
- 35:26you live in a totalitarian country and the government is
- 35:31the one you know doing bad things?
- 35:35Well, hey, you know, here's one of the things that you can lose
- 35:38some of your social, social points on.
- 35:42If you illegally protest against the authorities, you lose
- 35:45points. Who is defining what is an
- 35:47illegal protest, right? Posting anti government messages
- 35:52on social media? I mean, if you're a bitcoiner,
- 35:55you're fucked there spreading rumors on the Internet, Who is
- 35:59defining what rumors are, right? Insincere apologies for crimes
- 36:03committed? Who's define who makes the
- 36:05decision on whether that's an insincere apology or not?
- 36:09Participating in anything deemed to be a cult?
- 36:12Well, all bitcoiners are effed at that point, right?
- 36:15And then they incentivize good behavior so defined by them
- 36:19praising the government on social media, positively
- 36:23influencing one neighborhood, taking care of elderly family
- 36:26members, engaging in charity work.
- 36:28You know, so a lot of these aren't that bad, but do you
- 36:30really want the government to have this type of control?
- 36:33Right, because it's it's absolutely scary.
- 36:35And now what are the punishments of a low credit?
- 36:37Of a low credit score or or social credit score?
- 36:41You're excluded from booking flights or high speed train
- 36:44tickets, meaning you can't drive.
- 36:47Denial of licenses permits and access to some social services,
- 36:52public shaming exposure either online or on TV screens in
- 36:56public spaces of the names, photos and IDs.
- 36:59Numbers of blacklisted citizens, phone dial tones mandated by
- 37:03authorities that inform people that they are calling a
- 37:06dishonest debiter. I mean this is a dystopian
- 37:11society and of course for the people that behave, they get tax
- 37:14breaks, You know, they get shorter waits in hospitals, they
- 37:17get free gym facilities. You guys get the point.
- 37:20This is a forcing function. It makes people self censor.
- 37:25It makes people. Not, you know, complain or not
- 37:30make their thoughts known. Because they know if they do
- 37:34that they might not be able to travel, they might not be able
- 37:36to get access to certain loans, right.
- 37:39They might be publicly shamed on a public square like it's
- 37:43absolutely crazy. This is what CBD CS will enable.
- 37:47This is what a CBDC tied in with a a digital ID will give the
- 37:52government the ability to do. Now they would like you to
- 37:55believe specifically in, in the European Union and the US that
- 37:59no, even though we'll have these powers, we'll never do something
- 38:04like this. History has shown that when the
- 38:08government has the power, they tend to use it, right?
- 38:12And and I know what a lot of you guys are thinking, this is only
- 38:15happening in China. No, ladies and gentlemen, they
- 38:17are rolling out the CBD CS all over planet Earth.
- 38:22Here's this great resource from atlanticcouncil.org.
- 38:25You can go to atlanticcouncil.org/CBDC Tracker
- 38:29and it tells you all the CBDC projects all over the world and
- 38:33what their current statuses are. So in China, it's already
- 38:36basically launched. In Russia, the same thing.
- 38:39In Kazakhstan, the same thing. In Europe, it's it's in
- 38:42development. In the United States it's in
- 38:44development. In Canada it's in development.
- 38:46In Mexico, it's in development. Brazil, it's in development.
- 38:51So, and again, remember in the United States, it's interesting
- 38:55because they have specifically said no, we're not working on a
- 38:58CBDC, but on this website it literally says what is the CBDC
- 39:02status in development, right. And remember what happened when
- 39:06Bitcoin Magazine tried to make fun of the Fed Now system, which
- 39:11is, which is what I believe is the first iteration of the
- 39:13American central bank digital currency.
- 39:15What did they do? The Federal Reserve literally
- 39:18sued Bitcoin Magazine. For talking shit about them,
- 39:23right? So this is the world that we're
- 39:25heading into. And if you think this is only
- 39:28going to happen in in in China, you're kidding yourself.
- 39:31Remember what happened during the Canadian truckers protest?
- 39:36They shut off people's bank accounts because of their
- 39:38political beliefs. Now imagine not having to go to
- 39:43the banks directly and saying, hey, cut this person's account,
- 39:46but the bureaucrat themselves flicking the switch.
- 39:51How they see fit. No one deserves that type of God
- 39:54like power. No one deserves a God like
- 39:56power. The God like power of of having
- 39:59a CBDC and also and also the the power of the money printer.
- 40:06No one deserves that and I think bitcoiners fundamentally
- 40:09understand that in their hearts. But I guess the rest of the
- 40:13world you know is is still playing catch up to put it
- 40:16nicely. Anyways, Opti, what are your
- 40:18thoughts on all this, brother? Oh man, before I get serious,
- 40:22the chat's killing me. They're basically saying that
- 40:24I'm to blame because Chrissy is pushing the CBDC.
- 40:29Oh my God, you guys are funny. First and foremost, kind of just
- 40:33adding on to the last things that you were saying.
- 40:36The CBDC doesn't work if there's an escape hatch, IE Bitcoin
- 40:39guys, so they need to corral everyone everywhere.
- 40:42Hence why we're seeing all these pushes recently to get everyone
- 40:47on, you know, a central bank digital control mechanism.
- 40:50It's digital wallets, digital IDs, we're we're seeing this all
- 40:53play out the same time. You know, some could say that
- 40:56maybe there's a conspiracy, but we'll say that there just isn't
- 40:59coincidences here. And then further doubling down
- 41:02on what you were saying, I I just watched this morning on X
- 41:05or Twitter. I hate using X on Twitter.
- 41:09Tucker Carlson about the guy who made a meme and he may be going
- 41:13to jail for 10 years for subverting politics.
- 41:15Like this isn't happening away somewhere in China.
- 41:18Like it's happening here in America as well.
- 41:20Like, wake up before it's too late.
- 41:22And this is what we always talk about here.
- 41:24This is why we constantly try to expose the lies, expose
- 41:29corporate BS and show that there is solutions here.
- 41:32And I really like that you brought up that this digital
- 41:36wallet, digital ID system coming from the ECB is using our memes
- 41:40and our, our, you know, our battlefield, which is the
- 41:44Internet. Like it's our meme world and
- 41:46everyone else is just living in it.
- 41:47And their reactionary stances just make me so bullish, like
- 41:50they have no original thoughts out there.
- 41:52They they don't even know how to combat the the meme army.
- 41:55They they don't know how to partake in the guerrilla mimetic
- 41:59war that we are all a part of that we were born into.
- 42:02And it just, it just makes me feel so good.
- 42:05It's like it's it's like there's no way they're going to win on
- 42:08the battlefield of ideas on Twitter if they aren't able to
- 42:12control information. And we know that constantly
- 42:14information wants to be set free.
- 42:16We're seeing it be set free constantly.
- 42:18Whether it's like what Elon Musk is doing, say what you want
- 42:21about him, you know, say what you want about Twitter, actually
- 42:24pushing free speech. There's also Noster.
- 42:26There's everyone in Telegram groups.
- 42:28Like people are talking about stuff and people are noticing
- 42:31that this is happening in real time and they're actively
- 42:35pushing back. I I don't think humans are
- 42:37necessarily sheep and they want to just go to the slaughter.
- 42:41But the framing that they're using is absolutely nefarious.
- 42:44It it, it's always the same thing.
- 42:45We're here to protect you, citizen.
- 42:47You know trust us. Like you know she wolf in
- 42:50sheep's clothing like oh we're not leading you to the
- 42:52slaughter. Like we're the ones that were
- 42:54here to protect you when they're the very people that you need
- 42:57protection from. Anyways, while you were going
- 42:59Nico, I was kind of reminded of the movie they live.
- 43:03If you guys haven't watched They Live.
- 43:04I it's one of my favorite sci-fi movies.
- 43:06It's super great. It's got rowdy what's it rowdy?
- 43:09Rod Piper, The The Wrestler. It's a great movie it's like AB
- 43:11rated or BB film sci-fi movie. But it's so good.
- 43:16And anyways the the plot of the movie, I'm going to run it for
- 43:19you guys but it's so good. Movie is he finds sunglasses
- 43:22that basically expose the propaganda for what it is, that
- 43:26they're like an alien invasion on planet Earth and they're
- 43:29constantly trying to brainwash you and psyop you.
- 43:32And this is, this is what it feels like constantly.
- 43:36And then once you finally see through the veil you realize Oh
- 43:39my God, it's all propaganda to try to keep me in the the gate,
- 43:43keep me under control. And this is what it's all about.
- 43:47They want to control everything about you and as they continue
- 43:51to lose control, they will continue to overstep and try to
- 43:54take more rights away at quicker and quicker paces.
- 43:58And we're seeing this happen in real time.
- 43:59The the they'll roll stuff out like this and say it's for your
- 44:02benefit, you know, it's to, it's to protect and save the citizen
- 44:06out there with his digital wallets.
- 44:10Again, it's all just rehashed Bitcoin narratives and they're
- 44:17just trying to put like a cloak on it to to basically get you
- 44:20entrapped. And it's just it's horrible.
- 44:23Like, don't let them, guys, This is why we tell you constantly to
- 44:26download Bitcoin wallets, get as many people as possible to
- 44:29download Bitcoin wallets, transact with Bitcoin wallets.
- 44:32This is how we peaceably fight this dystopia.
- 44:35And then on the last thing, you know, like that you were showing
- 44:38that like China social Credit score, like all my homies are
- 44:42already on lists. Like we're already on those
- 44:45lists. You convince me otherwise.
- 44:47And I I think, I think probably a big majority of the American
- 44:54population and people around the world freedom fighters are
- 44:56already on these lists. Our our, our credit scores are
- 44:58probably horrible because all we do constantly is ridicule the
- 45:02corporate press and government and stuff.
- 45:03And and again it's just it's just reminded of like we have a
- 45:06dude right now who's who might be going to jail in America.
- 45:11For a meme like this is absolutely insane.
- 45:14Like it is. This isn't happening somewhere
- 45:16far away. Like this isn't happening in the
- 45:18future. It's happening here and now.
- 45:20This is why we constantly say and double down.
- 45:23It is bit corner slavery and we use beauty on the meme now it's
- 45:26bit corner death. Guys like this is a matter of
- 45:29life and death. You need to hold some Bitcoin.
- 45:31Anyways, Tony, jump in. Agree.
- 45:36I mean, when you say, you know, or slavery or, you know, or
- 45:40death, I mean we have lost our vote.
- 45:44We have lost our leverage, you know, and they tell us what to
- 45:48eat. You know, we don't, you know,
- 45:50they're no longer, you know, equals.
- 45:52They don't work, you know, with us anymore.
- 45:54We're we're sitting there. You know, we have the
- 45:57corporations and you have the government.
- 45:59And the government, you know, enforces what the corporation's
- 46:02want. And we're just the yield down at
- 46:04the bottom and we're just making this.
- 46:06Go and you're like how the hell do I get off this?
- 46:08Well, I'll tell you how to get off this.
- 46:10You get off this wheel by buying Bitcoin and learning about it.
- 46:14And then you kind of your eyes are opened up and just you see
- 46:18all how you've played into this and you're just you can't turn
- 46:24that back. But you just look forward and
- 46:26you just say hey let's buy some Bitcoin.
- 46:28Let's get you know everybody else orange peeled and teach
- 46:31them and change the incentives. Couldn't agree more.
- 46:38Absolutely. Amen to that.
- 46:40Change the incentives. You fix the incentives, you make
- 46:44the world a better place. Anyways, guys, I do want to give
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- 47:35All right, everybody, let's hit the culture.
- 47:37We have a lot to talk about. Let's check it out.
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- 48:11All right, Tony. Well, this is the point of the
- 48:13show where we let our guest rant.
- 48:15So you touched on something that we will come back to and
- 48:19everyone in the chat heard it as well.
- 48:21And so this we're going to make a point to emphasize it, but
- 48:24everyone really likes a a good orange pill story.
- 48:27So Tony, how did you become a bitcoiner?
- 48:31I It was 2014 and it was, I'd had my third daughter and so you
- 48:40know you're going to be home on Saturdays and Sundays quite a
- 48:42bit and, you know, watching football.
- 48:45And so I I sat there and wanted to put some money on these
- 48:48games. But again I'm I'm 46 years old
- 48:52right now and and and trying to do this in 2014 there was only
- 48:57way to do it was offshore And so you end up you know, learning
- 49:02about well how do you do it well you had to get some Bitcoin.
- 49:04Well what the hell is Bitcoin? And it was, to me, it was just
- 49:08like, you know, getting amusement, you know, part token
- 49:12and just so I can, you know, go play my game.
- 49:15And so I bought one. And then I started, you know,
- 49:19doing my betting. And I realized real quick that
- 49:21I'm awful at doing parlay bets. And so I quickly, yeah, lost a
- 49:28Bitcoin, won a Bitcoin, and then just quit and then kind of
- 49:32forgot about it until about 2017.
- 49:36And you start hearing about it in the, you know, the news.
- 49:39And you're just like, wait a minute.
- 49:41I think I have one of these. And then you realize how much
- 49:44you have and, you know, it's like I got one Bitcoin and it's
- 49:47going up to, you know, $17,000. I'm thinking, hey, I'm buying
- 49:52some Sonos speakers and so I buy the Sonos speakers.
- 49:56I get home. And so I'm now going to, you
- 49:59know, cash this Bitcoin in and I'm like, well, why the hell
- 50:01would I do that when, you know, I only paid 400 and some dollars
- 50:05for it? And that was kind of at the
- 50:08point where I was like. What do I have here?
- 50:11And so I slowly started learning in 2017 and just, you know,
- 50:16really would smash by every night And it's, you know, I
- 50:22haven't looked back since. And so it's just it's it's been
- 50:26a great ride and you know, it's, you know, you go all the way up.
- 50:31And you know go all the way down and and it's it's, it's so it's
- 50:35exciting to see you know where we're at today at 37,000.
- 50:39And you know what I can't wait to, you know, I continue to
- 50:42accumulate and just, you know try to you know get my family
- 50:46and friends and I I'm, I'm not a very good orange pillar.
- 50:50So I just kind of just keep asking them like what's broke,
- 50:53don't you think it's the money you know how does it affect you.
- 50:57But yeah, that's that's, that's my orange pill.
- 51:00Love the story, love it. And and there's so many threads
- 51:04that I can push and pull on that one.
- 51:05But I think the main one is usually once you either get
- 51:10caught up in Bitcoin or you hold some Bitcoin or maybe you're
- 51:12holding shit coins, you ask yourself like, wait, what is it
- 51:14that I'm actually holding? And that's when, like, the real
- 51:17rabbit hole starts. Anyways, let's get back to kind
- 51:19of what you were talking about in the beginning of the show and
- 51:21what we were talking about before the show started.
- 51:24So you were in real estate and you were mentioning this idea of
- 51:29watching real estate go from local hands to institutional
- 51:33hands and you know, connecting those dots.
- 51:36And basically everyone in the chat was saying, did you guys
- 51:39hear that what he said about corporations?
- 51:41And this is where we are right now in Bitcoin.
- 51:43So let's jump on that and then maybe we can do some like a
- 51:46Bitcoin versus real estate stuff at the end.
- 51:48Yeah. No.
- 51:49And I, you know what and it's it is you know when you talk about
- 51:52an industry, I mean I love the industry.
- 51:54It was a lot of fun. It's, you know real competitive
- 51:58and you're working with a bunch of other people that are that
- 52:02are you know they're at the top of their game and it it was
- 52:08just, but it you see the effect of what it does and so you have
- 52:16really when you have local ownership.
- 52:19They, you know, just care about cash flow and that's they don't
- 52:22want to see vacancies. So they never push on the rents
- 52:26too much. It's like, hey Bob, we know that
- 52:29your lease is coming up here in one year.
- 52:31Are you thinking about staying? OK.
- 52:34Hey, you know it's that's good to hear that business has
- 52:36improved. You know, we all know that
- 52:38values are going up. And you know if you when you had
- 52:40two local business person that was renting the space and a
- 52:44local owner, they were able to you know pretty much work things
- 52:47out because the local owner just absolutely did not want a
- 52:52vacancy. And once that switches over to
- 52:56an institution, well, an institution is playing with
- 52:59other people's money. And so, you know, to get into
- 53:03this market, they're always paying the highest price per
- 53:06square foot. And they also realize why
- 53:08they're doing this, you know, across the United States is like
- 53:12there's, you know, the rents have been compressed for quite
- 53:15some time just just because of this cash flow that, you know,
- 53:18they wanted cash flow, the ownership did well.
- 53:20This model is different for institutions again, and so they
- 53:25can take these risks, but you know, pay for a building, you
- 53:28know, higher price. And then sit there and you know
- 53:32there's a lot of good things happening in, you know the, you
- 53:35know, the the Class A markets where companies are you know,
- 53:38moving their populations growing and it's just you know, we're in
- 53:41a growing economy. And so it just that model works
- 53:44at that time and it's just winding it up and all of a
- 53:51sudden you have you know people that were paying, you know
- 53:53paying this amount for for rent. Going up this much, you know the
- 53:57next year, the next year, the next year, I mean just to put
- 54:00things in perspective, you know, I watch dirt go from $8 a square
- 54:07foot to you know north of $50 a square foot and this is just for
- 54:10industrial. And so you know who ends up
- 54:13getting to pay for that, It is, you know the the business person
- 54:18and so they know that you know that that time the landlord sits
- 54:23there and goes well. What other options does this guy
- 54:25have? He's got to go move and it's
- 54:27going to cost him, you know, $100,000 to move or whatever.
- 54:31He can't move. So he's going to just end up
- 54:34renewing, you know, renewing his lease.
- 54:36And so that's what that's what happens.
- 54:37A lot of people are just stuck like throwing the towel or just
- 54:40what the hell, let's just sign another five year lease and hope
- 54:43to God we stay in business. But then that pushes.
- 54:46You know who ends up ultimately paying for it again?
- 54:49Is the, is the. Consumer, which is all of us.
- 54:55And so this happens, you know, all across, you know, the United
- 54:59States. And and So what I should also
- 55:04say is some of these landlords, these institutional landlords
- 55:07is, you know, they're big pension funds.
- 55:10You know, it's like California State teachers pension fund.
- 55:12I mean, they're a big client of mine and love working with them.
- 55:16But what happens when you know some of the tenants that they
- 55:20have are paying this exorbitant amount of rent and can't make,
- 55:23you know, can't make rent anymore?
- 55:24Well, it just trickles on down and you just see like just what
- 55:28a big puffed up inflated economy that we have, which is just
- 55:33purely bullshit And it's, it's so as long as we can keep it,
- 55:39you know, feeding the monkey. Then and keep it up, well, then
- 55:43it's, you know, we're not going to have a problem, but there's
- 55:45no possible way that we can keep, you know, that massive
- 55:50balancing act. So anyways, I, I, I watched that
- 55:56first hand and you know, realized I was, you know, part
- 56:01of it and you know, and then then COVID hit and you know, it
- 56:06kind of makes you think differently, like, you know,
- 56:08hey. This life is is not a drill.
- 56:10You get one of these and, you know, I didn't want to start a
- 56:13career over or anything like that, but I was like, fuck it,
- 56:16I'm out. This isn't where I want to raise
- 56:18my, you know, children. And we ended up moving to
- 56:23Virginia to live next to family. And so we're just, we're
- 56:28starting over, which is just fine.
- 56:31And, you know, I'm really proud of it and my kids have been, you
- 56:34know, really enjoying themselves and it's like going back to
- 56:371980. When I grew up and I really
- 56:42just, you know, when I look around then I just, I didn't
- 56:44know the difference. You know, everybody seemed like
- 56:46they had the same everything, clothes, shoes, you know,
- 56:50experiences. And when I was in Seattle, it
- 56:54was much different. It was like, you know, you look
- 56:56around and you're just like, wow, how did this, how did we
- 57:00get here? And but there's, you know.
- 57:04It was also, you know, I can that sounds all negative, but
- 57:06there was some positives too. You got to see what happens to a
- 57:09city when you have tremendous economic drivers.
- 57:14You have from Microsoft, Bowling, Nordstrom, Costco,
- 57:18Amazon, and you see all the positives and then you see the
- 57:21negatives and they, you know, Seattle's kind of lost their
- 57:23way. Their fabric that they was so
- 57:26special 20 years ago has been disrupted with, you know, you
- 57:29have a bunch of new people in town and they're trying to
- 57:32figure it all out and it's. It was, it was awful.
- 57:35We we when I say I laid rubber leaving that town, it was you
- 57:38know, my office. Every window was you know,
- 57:41busted out in that. We had a two-story office and
- 57:46you know all the windows were busted out down below.
- 57:48And it was every day I'd sit there and just go, God is my
- 57:52window busted in my car or my office was up on Capitol Hill
- 57:57and they had that chopped zone or autonomous zone or whatever.
- 58:01So it's kind of like chaos. In Seattle for a while.
- 58:05And anyways, we start rambling here.
- 58:09No problem. No problem.
- 58:11You touched on something that I was literally saying last night
- 58:14to my friend and it's like like I think few people understand
- 58:18just like you said how how bloated and how the economy is.
- 58:22Just like it's it's all fluffy and and like it's really just
- 58:26hot air that is keeping this thing going.
- 58:29It absolutely is. And what's crazy is, you know,
- 58:32just people have become aware of it, let's say in the last three
- 58:35years and talking about inflation.
- 58:37Well, guys, this has been going on for a long time and it's
- 58:42scary that it's, I mean, we started, you know, as as brokers
- 58:47working in Seattle, we started thinking the market was really
- 58:50frothy in like 2014. Like, hey man, we've hit, we've
- 58:54hit highs we've never seen before.
- 58:57And that was you know, 10 years ago almost.
- 58:59And so again when you see where this money is coming from and
- 59:06what is supporting these markets, it is you know, like
- 59:09our, our our pension funds. And So what happens when these
- 59:13things do implode. So it it's I I don't know what
- 59:19happens. I just know that it's not going
- 59:21to be good and I I don't want to be.
- 59:24I'm glad I'm not living in the city.
- 59:25All right, last question, Nika, before we go into the meme
- 59:30review, because I hear this constantly.
- 59:34I still kinda keep an eye on money, Twitter and money in
- 59:37social media and you'll see a lot of people recommending
- 59:42investing in real estate and as Bitcoiners were like, yeah,
- 59:45that's cool and all, but we think there's a better
- 59:48opportunity to be investing in Bitcoin.
- 59:50So Tony, as someone that's played both of those fields,
- 59:54what would you say to someone thinking of this very decision
- 59:57today? You know, we like to buy when
- 1:00:02it's low and sell when it's high, and I don't think I'd like
- 1:00:06to buy right now. I think it's all high.
- 1:00:10To be clear, real estate, you're talking real estate, right?
- 1:00:13Yes. I don't I I just I would I would
- 1:00:16not be interested in buying real estate right now.
- 1:00:18I just it feels too frothy. It feels like when things start
- 1:00:23to unravel there will be some absolute, you know, deals.
- 1:00:27I mean you're seeing it right now with these big office towers
- 1:00:31that have been cut in half. I think it's way worse than
- 1:00:33that. I think it's going to be cut
- 1:00:34further and that's just in the office arena.
- 1:00:38We haven't talked about all the other arenas and we're all
- 1:00:41connected and it's just in 2008 did not teach people how
- 1:00:45connected we are. We'll get ready because this is,
- 1:00:48this is I think once you know you start one it just and it
- 1:00:51just gets bigger and bigger and bigger.
- 1:00:53So I just say sit on the sideline and what are you going
- 1:00:57to buy right now with your money.
- 1:00:59There is no there is nothing else.
- 1:01:01I it, it, it is get the one thing that is not melting away
- 1:01:04and it is Bitcoin. And that's, that's where I'd put
- 1:01:07every that's where I'd stake a big chunk of dough.
- 1:01:12Let's go. Wait.
- 1:01:13Hold on before we go. What's the second best?
- 1:01:15There Is the second best. All right, everybody, let's
- 1:01:19let's, let's hit the meme review.
- 1:01:21Let's do it. The Daily Meme Review.
- 1:01:31All right guys, you already know the deal.
- 1:01:33This is the meme review where you guys send us memes on
- 1:01:35Twitter. Tag us at Simply Bitcoin TV on X
- 1:01:38or Twitter. X.
- 1:01:40Is such bad branding anyway. Anyways, tag your memes, tag
- 1:01:44your favorite memers memes or drop them in our telegram group.
- 1:01:48T dot me slash simply Bitcoin TV.
- 1:01:50Tweet to the bullets memes with the artillery.
- 1:01:52As you can tell, we are in an information war and it's upon us
- 1:01:56as individuals to do our best. To wake up our friends and our
- 1:02:00families out there and of course ridicule the corporate press and
- 1:02:04make the funnies to keep our friends heads in the game.
- 1:02:06All right first theme is by run the banks AKA at empty under
- 1:02:09score banks. And he goes never underestimate
- 1:02:12the hardness of a bitcoiner. And we got what looks like like
- 1:02:17a Roman warrior here with the shield and there's some arrows
- 1:02:19in his shield and it looks like he just went through a heavy
- 1:02:23battle. But he's getting back up on his
- 1:02:24feet and it goes fair weathered investors think they can out
- 1:02:27Hoddle us scammer. Traders sink, They can squeeze
- 1:02:30us. Arrogant hedge fund sink, they
- 1:02:32can buy us. They are all in for a rude
- 1:02:35awakening. Let's go.
- 1:02:37This is why we huddle. Love it.
- 1:02:39All right, next one. Young Gucci tea shots at the
- 1:02:41Tommy and he goes good morning with a earth emoji, sun emoji
- 1:02:46and a smile. And this looks like one of his
- 1:02:49pieces that he's auctioning off. But I just like the art chess at
- 1:02:51the you Tommy and it goes and Fiat before Fiat ends us and we
- 1:02:56got a ticking time bomb. Earth and Bitcoin is the
- 1:03:00scissors that is cutting off the Flint that is gonna explode.
- 1:03:05This is why we huddle Bitcoin anyways.
- 1:03:07Next one is everyone feeling their feels right now.
- 1:03:10Everyone being excited about seeing some price movement and I
- 1:03:14guess there was some inauguration of King Charles and
- 1:03:17he is wearing his godly kingly stuff.
- 1:03:21And as Bitcoiners, we we like to poke fun at things.
- 1:03:24And here we go. BTC Gandalf on Twitter goes live
- 1:03:26footage of you addressing your friends and family when Bitcoin
- 1:03:29hits $1 million. And it's a picture of King
- 1:03:31Charles and his king. Get up and he goes, I told you,
- 1:03:34you should have bought Bitcoin at 36 K This is the way.
- 1:03:37All right. Next one, the same same theme.
- 1:03:41We got Chewy, AKA S 256 and 9001.
- 1:03:44He goes Thanksgiving is going to be lit, and it's the play of
- 1:03:48like the aristocrats looking down from their stoop.
- 1:03:51From their from their patio looking down at the peasants and
- 1:03:54they put King Charles heads on and he goes told you to buy
- 1:03:57Bitcoin now you're royally fucked past the potatoes
- 1:04:00peasant. Oh man, that's a good one.
- 1:04:03I like that one. All right.
- 1:04:04Next one is by having party having party MF on Twitter and
- 1:04:08we're I guess this is a everyone's favorite new
- 1:04:12template. It is the Bitcoin Hotline Bling
- 1:04:15and we got the know. Don't wait to buy Bitcoin.
- 1:04:18We got the Yes, you buy Bitcoin and wait.
- 1:04:20This is the way guys don't. Don't wait to time the market.
- 1:04:24I know that you guys are still out there waiting for 12K or
- 1:04:26whatever, but time in the market beats timing the market.
- 1:04:31DCA stacks at every single day. Stacks at every time you get
- 1:04:36paid. Pay yourself in Bitcoin.
- 1:04:38This is the way save for your future.
- 1:04:40Anyways, next meme is by Maxi's Club.
- 1:04:42And this seems pretty PG Nico, but I don't know you're the
- 1:04:46fuhrer here so we'll see what happens.
- 1:04:48Because I do all my Bitcoin transactions at high priority
- 1:04:52rate. This is literally Nico.
- 1:04:53I do all my Bitcoin transactions at high priority rate and here's
- 1:04:56a female and she goes oops, my bra fell off and then this other
- 1:04:59girl goes oops, my stats fell off.
- 1:05:04First class citizen if you don't care about fees and you just pay
- 1:05:06those transactions like it doesn't matter, get my Bitcoin
- 1:05:09through. Next one is by Big Sean
- 1:05:11Harrison. He goes number go up my old
- 1:05:13friend and we got the girl. I don't this is Game of Thrones.
- 1:05:17I I never watched it, but you know, she's got the smirky,
- 1:05:20smirky smile here. And he goes when all of a sudden
- 1:05:23you're getting texts from friends about Bitcoin if now is
- 1:05:25the right time to buy. It's always the right time to
- 1:05:29buy Bitcoin. But you should have bought
- 1:05:30Bitcoin when I was telling you at 16 K You should have bought
- 1:05:33it when I was telling you to buy it at 3K.
- 1:05:36Should have told you should have bought it when I told you to buy
- 1:05:38it at 10K. Anyways, I have been getting
- 1:05:40these texts recently, shouts out to the fam and friends texting
- 1:05:43me. You already know my answer.
- 1:05:45Always buy Bitcoin consistently. This is the way.
- 1:05:49Anyways, drop your meme. If you score in the chat, we
- 1:05:51will cover it live. And actually, Nico, you know
- 1:05:53what I realized this morning? I don't think we gave our meme
- 1:05:58review scores yesterday. I think, I think we got, I think
- 1:06:01we were sidetracked and bantering at each other and then
- 1:06:04we went straight into the chats meme review scores.
- 1:06:07So anyways, today's meme review score is are you go what ASMR?
- 1:06:16What are these? Boulder Canyon Thin and crispy
- 1:06:21Avocado. Avocado oil.
- 1:06:24Plastic sea salt chips. Wow.
- 1:06:27Is avocado oil seed oil bad? Seed oils?
- 1:06:29I don't. I don't remember Seed oil.
- 1:06:32Seed oil. Ricotto.
- 1:06:33Is the avocado isn't the seed dog?
- 1:06:40Thank. All right.
- 1:06:41Yeah, maybe you're right. I don't know.
- 1:06:42Anyways, Miami review score is this bowl that I ate my berries
- 1:06:46out of, some raspberries and some blueberries.
- 1:06:48Avocado's a fruit, bro. Yeah, but don't they use the
- 1:06:51seed? I don't know.
- 1:06:52I don't know. I don't know how this works.
- 1:06:54Avocado's a fruit, bro. Hey, I don't know.
- 1:06:56I'm just wondering. I'm just wondering, Tony.
- 1:06:58What? Would you give those memes?
- 1:07:01Oh, I was going to show you my meme real quick.
- 1:07:04It's it's my fidget spinner. Oh, it's up.
- 1:07:10No, it's it's it is. Honestly, it's the best knife
- 1:07:13I've ever come across, but it's it's just one hand, one handed
- 1:07:17and it just it's like where's the batteries go?
- 1:07:19There is no batteries, but you just push a button and it's just
- 1:07:22like a one handed Awesome. That's a good score.
- 1:07:25That's a really good score. All right, everybody, let's get
- 1:07:29on to the Wait, wait. Wait, Wait.
- 1:07:32Wait. Wait.
- 1:07:32Wait. Wait.
- 1:07:32Wait. Wait.
- 1:07:33Wait. Wait.
- 1:07:33Wait, Wait, wait, wait. Guys support the show.
- 1:07:37If you love what we're doing, first and foremost, stack Sats.
- 1:07:40Secondly, stack. Simply Bitcoin merch.
- 1:07:43I'm wearing the hoodie. It's hoodie season.
- 1:07:46You need to get a hoodie, Get yourself some merch.
- 1:07:48We are in the works with Bitcoin artists to get you guys some
- 1:07:52cool simply Bitcoin theme merch. I will get you the hats,
- 1:07:56Matthew. I know, I know we're we're doing
- 1:07:58all this so you might even get some coffee mugs.
- 1:08:01We're in the works. You know we're we're trying to
- 1:08:03do this as high quality as possible so we're not just drop
- 1:08:06shipping you guys low quality gear.
- 1:08:09We have to buy it up front. We got to make sure all the
- 1:08:11logistics are working out for you guys, so.
- 1:08:14Support the show. We love you guys.
- 1:08:15We really, really appreciate all the support and can't wait to
- 1:08:18see you guys rocking the Simply Bitcoin theme Merch.
- 1:08:21All right Nico, now is the time when we cover the meme review
- 1:08:27scores from the chat. The first one by Bart.
- 1:08:36A dozen fresh eggs. That's a great score.
- 1:08:39Classic classic. Next, one by Skip on Down the
- 1:08:42Road Meme score. Purchase Bitcoin. close the
- 1:08:45Effin door on Fiat. I like that, I like that, Nigel
- 1:08:48Lurie or Lowry says. I give the memes a vanilla
- 1:08:52review that Nico will read out. Phil CI give the memes a pimp
- 1:08:58suit for every Bitcoin pleb. This poor, Yes purple BTC is
- 1:09:05truth Score Waiting for five sats BBBBBBBBBBBBBB Torn up
- 1:09:11huddle meme score. Hot sauce, Hot SA house for
- 1:09:16those hot sauce Hot sauce for those eggs to be determined
- 1:09:21soon. OK, OK.
- 1:09:23Next score by Matthew J. I give the memes 12 spot Bitcoin
- 1:09:27ETFs on Friday, November 17th. Matthew J must know something
- 1:09:30that we don't is Matthew. J All right, Nico, I stand
- 1:09:33corrected. I guess avocado is the best
- 1:09:36thing for you so. We won't shame you.
- 1:09:38OK, Elaine. Tony creates a course to teach
- 1:09:41chickens to take self custody. Normies TuneIn and learn too.
- 1:09:45I love that. Elaine.
- 1:09:46You always have the best scores. I love that.
- 1:09:49All right. Rave elevator.
- 1:09:51I score the memes. The empty rubber band I used to
- 1:09:54hold Fiat. OK, OK, Next one by sicko 1.
- 1:09:59Hurrah. OK, there we go.
- 1:10:02There we go. All right.
- 1:10:03Next score by Opti's digital ID. Mr. Opti Fields Contillionaire.
- 1:10:07Boyfriend. Does Opti see green avocados or
- 1:10:11not? Green Avocados.
- 1:10:12Green. I don't know.
- 1:10:14I just know they're green maybe. Winekas T Cellie with DIRECTV
- 1:10:20OK, OK, OK, that's a good score. I don't know if you.
- 1:10:23Can feel this one? Hold on.
- 1:10:25Yeah, you could read it. Opti's waiting for the real
- 1:10:28estate crash so him and Chrissy can stop sneaking around and
- 1:10:31hiding from his roommate mom. All right.
- 1:10:39So last one, last one will. Rogers said.
- 1:10:42Don't wait to buy real estate. Buy real estate and wait, they
- 1:10:45ain't making any more of this stuff.
- 1:10:48Oh wait. Oh wait.
- 1:10:49Oh wait. Wait.
- 1:10:49Hold on. Hold on.
- 1:10:52One meme score on Rumble shouts out the Narwhal Tacos.
- 1:10:56He goes. Beam score a copy of the white
- 1:10:58paper in your outhouse. Oh man, oh man.
- 1:11:06Guys, if you're enjoying the show, make sure to smash that
- 1:11:07like button. Really, really helps with the
- 1:11:09algos. Shout out to our rumble
- 1:11:11audience. It's been growing by the day, so
- 1:11:13shout out to all the rumblers out there.
- 1:11:15If you can't find us on YouTube for whatever reason, you can
- 1:11:17find us on alternative video platforms like Twitter, like
- 1:11:20Rumble, like YouTube. Your platform.
- 1:11:23Whatever you decide, we'll be there.
- 1:11:24We'll try to be there. Anyways, I want to give a very
- 1:11:26special shout out to the chicken man himself.
- 1:11:29Tony, thank you so much for joining us on the show today.
- 1:11:33From the chicken coup. I gotta say that is a first in
- 1:11:37simply Bitcoin's history and it is absolutely badass and no
- 1:11:41fucks given. You must be like a 2010
- 1:11:44bitcoiner or something, no 2014 and then.
- 1:11:49Really close. Right on.
- 1:11:54Thanks for having me on your show.
- 1:11:55It was a lot of fun. Yeah man, you had some great
- 1:11:58takes. Really appreciate it.
- 1:11:59Love to have you back on in a couple months and all the power
- 1:12:02to you bro. That is absolutely badass.
- 1:12:05I hope when I grow up one day I could be just like you and just
- 1:12:09have the studio and a chicken coop cuz.
- 1:12:11That is really, really fucking cool.
- 1:12:13Thank you so much for joining us, Tony.
- 1:12:14Appreciate it. All right, guys, that was our
- 1:12:16show. If you enjoyed our show, you
- 1:12:17know what to do. Smash that like button.
- 1:12:19Consider subscribing if you feel like we provided you value.
- 1:12:21But the number one thing you could do to help push the
- 1:12:24peaceful Bitcoin revolution is share this content.
- 1:12:27In fact, share all Bitcoin content.
- 1:12:29Don't be exclusive. Don't be be inclusive.
- 1:12:31Don't share shit coin content. That's counterproductive.
- 1:12:34Share Bitcoin art. Share Bitcoin music.
- 1:12:37Share Bitcoin everything. Just spread the culture.
- 1:12:39If we take over the culture, we'll win.
- 1:12:41That's how we win this thing. But like Michael Saylor said, it
- 1:12:45is seeping in to mainstream consciousness.
- 1:12:47So we just got to keep up the pressure.
- 1:12:49Anyways, I love you guys. Have an amazing weekend.
- 1:12:52We'll be back on Monday for a brand new episode of Simply
- 1:12:55Bitcoin Live.