Latest / Simply Bitcoin / BREAKING: Russia to Ban Bitcoin? | EP 979

Transcript

BREAKING: Russia to Ban Bitcoin? | EP 979 · Simply Bitcoin

• 0:02
  It's all going to zero against Bitcoin.
• 0:06
  It's going on forever. You're against Bitcoin.
• 0:16
  You're against freedom, yo. Welcome to Simply Bitcoin Live.
• 0:24
  We're #1 Resource 4 The Peaceful Bitcoin Revolution
• 0:27
  record-breaking News Culture Matic Warfare will be your guide
• 0:30
  through the separation of money and state.
• 0:34
  And is that heating up? Ladies and gentlemen, welcome to
• 0:37
  Simply Bitcoin. The Mules watch Daily Bitcoin
• 0:39
  Live show on YouTube, Rumble and X.
• 0:42
  Sit back, Relax, Enjoy, right? Enjoy the content.
• 0:45
  Anyways, so we had some breaking news.
• 0:48
  I was coming out earlier today on Twitter.
• 0:51
  Basically it was Russia to ban Bitcoin.
• 0:54
  Then it was walked back. So we're going to get into the
• 0:56
  details of what is going on in Russia.
• 0:58
  Russia is a major country, major nation, but it seems like it's
• 1:02
  more of a regulatory hurdle, more regulations.
• 1:05
  We have a Andreas Antonopoulos video teed up for you guys that
• 1:09
  perfectly describes what is happening, why this is
• 1:12
  happening. By the way shout out to him this
• 1:15
  video was dropped in 2017 and it's funny before the part of
• 1:19
  the clip that we're gonna play to you guys he was actually
• 1:22
  making this speech in Canada and he was like you know you
• 1:25
  Canadians might not be affected by this.
• 1:27
  Fast forward the the Canadian Truckers protest which I find
• 1:31
  you know it's it's so funny how you know it's so funny how I go
• 1:35
  game theory and just how all this is coming out of the
• 1:39
  separation of money and state. And how it really exposes the
• 1:42
  true incentives and the true colors of of politicians that
• 1:45
  want to retain that privilege of being able to control money.
• 1:49
  Like the politics of money, the the politicization of money
• 1:56
  being able to control people through money.
• 1:58
  And it's kind of been normalized in the eyes of a lot of people.
• 2:02
  Like somehow the government should have the ability to
• 2:06
  surveil everyone's transactions. Somehow the government should
• 2:09
  have the ability to get to decide who can and who cannot
• 2:14
  open a bank account. Somehow the government should
• 2:16
  have the ability to just free someones wealth, you know at the
• 2:20
  snap of a finger. The fact that we live in this
• 2:24
  Psyopti world is absolutely crazy.
• 2:27
  And you know from the American side of things, the DOJ
• 2:31
  challenges tornado cash, developers motion to dismiss the
• 2:35
  criminal indictment. The tornado cash case is so
• 2:39
  important. All this as it relates to
• 2:41
  Samurai, because the tornado cash, when they originally went
• 2:44
  after tornado cash, it set the precedent for all this, right?
• 2:48
  Coin Center sued they last. They lost the lawsuit less than
• 2:52
  a year later. Once again, the DOJ is going
• 2:56
  after a Bitcoin privacy developer and they're currently
• 2:59
  in prison. So all of this is incredibly
• 3:01
  important to stay on top of, but we have to kind of zoom out and
• 3:05
  understand why this is happening.
• 3:08
  This is happening because we're living through the
• 3:10
  disintermediation of information and the disintermediation of
• 3:15
  money, and this has all been enabled thanks to the Internet.
• 3:19
  Now the bright side of all of this, whether the so-called ban
• 3:24
  coming out of Russia or the regulatory hostility here in the
• 3:30
  United States, is that they finally admitted that Bitcoin is
• 3:33
  money, right? They went through Bitcoin isn't
• 3:36
  money. You need a state for money.
• 3:37
  Now they're basically saying the quiet part out loud, Bitcoin is
• 3:41
  money. So there is.
• 3:42
  So there is some good news in all this.
• 3:44
  So anyways, lots of news, lots of stuff to to cover.
• 3:48
  Today we're going to get to it. But before we start the show, I
• 3:51
  want to bring up my legendary Co host who's always extremely
• 3:55
  optimistic. I think one of those days where
• 3:57
  he's optimistic, he's smiling. Optimist fields.
• 4:00
  How you doing bro? I'm doing well obviously still
• 4:04
  optimistic but I I got I got this kink in my neck right now
• 4:07
  so I'm kind of struggling. This is a this is a rough Monday
• 4:10
  for me Nico. My I'm I'm tweaked up right now
• 4:13
  I'm I'm hurting over here but hey that enough of opti's pains
• 4:17
  let's uh let's bring in our guest because I'm super excited
• 4:20
  for for today's show you guys are going to love the culture we
• 4:22
  got Johnny. Let me tell you.
• 4:24
  Let me tee it up. All right, ladies and gentlemen,
• 4:26
  we got Johnny from the Tuttle twins.
• 4:29
  That's right. Some of the most content
• 4:32
  creators making, you know, cartoons.
• 4:35
  I love the first episode where it's describing Satoshi, and
• 4:39
  then they go into a video game and all these crazy things are
• 4:42
  happening. A huge fan of their work.
• 4:45
  And it kind of goes to what I've been saying for so long, guys,
• 4:49
  how do we win this thing? Well, we take over the culture.
• 4:52
  We win over the culture. How do you do that?
• 4:55
  You make cartoons, you make music.
• 4:56
  You make media. So the Tuttle, the Tuttle twins,
• 4:59
  they play a very, very important part in all this.
• 5:02
  Man, I'm so hyped that that you've come on the show.
• 5:05
  He reached out to me and he's like, Nico, have you heard of
• 5:09
  Tuttle twins? I'm like, bro, come on now, come
• 5:11
  on now. I'm a bitcoiner.
• 5:13
  So, Johnny, how you doing? Welcome to simply Bitcoin.
• 5:16
  I'm doing great. I was telling you, I feel like
• 5:18
  simply Bitcoin is my daily caffeinated orange pill.
• 5:21
  So I'm just, I'm just glad to be drinking it, you know, with you
• 5:24
  guys today, so. Dude, well, we're super hyped to
• 5:28
  have you on the show, so for anyone who doesn't know, could
• 5:31
  you give, like a quick elevator pitch?
• 5:33
  What is Tuttle Twins? We're going to cover it during
• 5:35
  the Culture, but I just want to tee it up.
• 5:37
  Yeah, so Total Twins is a show that teaches kids principles of
• 5:40
  freedom, economics, and limited government.
• 5:43
  And it's basically the magic school bus meets The Simpsons.
• 5:47
  So we got something for adults, we got something for kids.
• 5:50
  Grandma with a time traveling wheelchair takes her grandkids
• 5:54
  to crazy places to learn about crazy things.
• 5:56
  So what you're saying is that you make extremist content for
• 5:59
  kids? That's right.
• 6:01
  Yep. Understood.
• 6:03
  Understood. No, in all seriousness that
• 6:05
  that's so important because you know, like people have to wake
• 6:09
  up to this, right? It's the next generation, right?
• 6:12
  Could you imagine? Look, so Opti and I were a
• 6:15
  little bit lucky on this in the sense that, you know, we spend a
• 6:18
  third of our lives in Bitcoin roughly, right.
• 6:20
  So we're actually going backwards and like trying to
• 6:24
  understand the traditional financial system.
• 6:27
  So it's a very interesting phenomenon.
• 6:28
  But it's kind of like what I've experienced with zoomers.
• 6:31
  Like zoomers are Internet natives.
• 6:34
  Like they understand the Internet like it's the back of
• 6:36
  their hand because they grew up with it.
• 6:38
  Now we haven't had a generation where they've grown up with
• 6:42
  Bitcoin. So like all these things and
• 6:44
  these concepts were like bro, it's 21 million, no one should
• 6:48
  be able to issue money for free that another money has to work
• 6:50
  for. Could you imagine if like by
• 6:52
  default like a like a 15 year old kid is like, well yeah,
• 6:57
  that's how money is. Like that's how you change
• 7:00
  things. Like you change things by, you
• 7:03
  know, the next generation coming in and saying like OK, like this
• 7:08
  is what's up, this is what's going on, right.
• 7:11
  And you know, I lived through some of that, right?
• 7:12
  Like I remember in in in high school we had the Black Berrys
• 7:16
  like so we already had Internet like when I was in high school
• 7:19
  right. But it it's such a such a change
• 7:24
  in shift to pre Internet. Could you I couldn't imagine
• 7:27
  what high school would be like without the Internet like
• 7:29
  without the BBMS for me and the brick breaker and all that stuff
• 7:32
  if you guys know you know like it would it would have been a
• 7:35
  totally different world. So the reason I'm saying this
• 7:38
  is, like, could you imagine a world pre Bitcoin?
• 7:41
  Like, like, I couldn't, right. Like that'd be crazy.
• 7:45
  And you guys are like the front line of this.
• 7:47
  You guys are, you know, creating content so that bitcoiners, you
• 7:51
  know, I just had my first daughter, right.
• 7:53
  What do you think I'm going to do?
• 7:55
  I'm going to show her tunnel twins.
• 7:56
  She'll be like, can I watch cartoons and be like, yeah,
• 7:58
  here, become an Austrian economist.
• 8:02
  Be a sound, sound money advocate.
• 8:05
  You know, Let, let. Hayek babysit your kid that
• 8:08
  That's the pitch, right? Exactly.
• 8:10
  I love that. Exactly.
• 8:11
  Let Hayek babysit your kids, right?
• 8:14
  And then, you know, like my, my wife and I are discussing, like,
• 8:17
  are we going to homeschool or are we not going to homeschool?
• 8:18
  Like, if she does go to school for whatever reason, she's going
• 8:23
  to be like, she's crazy. She's talking about separating
• 8:26
  money from state, sound money, 21 million.
• 8:28
  What is this? This is insane.
• 8:30
  No. But in all seriousness, I'm
• 8:32
  making a joke of it. The next the next generation is
• 8:35
  so important to Orange Pill. That's how we really move the
• 8:38
  needle. That's how we move, really
• 8:39
  change things. So I'm incredibly hyped and
• 8:42
  truly honored for you to come on the show today.
• 8:44
  Yeah, right back at you man. I feel like we are all coming at
• 8:48
  it from different angles. We're all doing our part and the
• 8:51
  more people that can understand the simplicity of Bitcoin I
• 8:54
  think the better so. Yeah, 100.
• 8:57
  Pleasure to be right, right alongside you. 100%, man, they
• 9:01
  they don't. This is the separation, I say.
• 9:02
  And it's all hands on deck right there.
• 9:04
  It's a it's a it's a it's a war on many, many fronts many, many
• 9:09
  fronts. And when I say and it's.
• 9:10
  Heating up and it's heating up and.
• 9:12
  It's heating up like crazy. It's information narrative
• 9:15
  trench warfare on the battlegrounds of the Internet
• 9:17
  and we have to orange pill the next generation that has to
• 9:20
  anyways, says Loco TX. I just want to pull up this
• 9:23
  comment. Loco TX says.
• 9:25
  Actually Nico's right, You yell out to the Gen.
• 9:28
  Xers. I'm just a bill.
• 9:29
  Yes, I'm only a bill. Every Gen.
• 9:31
  Xer will know how to complete that.
• 9:33
  I don't even know. See.
• 9:34
  I don't even get that reference. I I can't complete it but I get
• 9:37
  the reference, yeah. OK, now I remember school how,
• 9:42
  but I was, I was, I was very small.
• 9:44
  Anyways guys, before we move on to the numbers, I do want to
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  on RAMPS All right everybody, let's get to the numbers.
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  Here we go. The Bitcoin numbers.
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  titanium so it could stand the test of time.
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  Paper is bad. Don't use paper.
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  Don't use paper. Don't use paper.
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  At the time of recording, the Bitcoin price is 62,890 block
• 12:55
  height 841,385 SAT's per dollar 1590 market cap 1.24 trillion
• 13:03
  Bitcoin priced in gold 26.8 oz Bitcoin versus gold market cap
• 13:08
  7.68% Percentage issued 93.77 declined from all time high
• 13:16
  14.8% Wow, just changed. Bitcoins dipping.
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  So go to bitcoinwell.com, stack those, stack those sats.
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  It's over. Pack it up.
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  Go home Anyways in honor of today's topic.
• 13:29
  In honor of what's been going on these last couple of days in the
• 13:34
  as the separation of money and state continues and it
• 13:37
  accelerates and we're fighting this revolution.
• 13:39
  I'm gonna like this video right here found this clip of Andreas.
• 13:44
  Andreas plays a very special has a very special place in my
• 13:48
  heart. Him and Max Kaiser were who
• 13:51
  Orange peeled me. I would listen to the Kaiser
• 13:55
  report and I would listen to Andreas on repeat Andreas's
• 13:59
  lectures. I would literally listen to them
• 14:01
  4567 times in a row and they made a huge impact on me.
• 14:07
  He's he's kind of disappeared as of late.
• 14:10
  He's not as active as he used to.
• 14:12
  But these are so legendary. These these, you know, these
• 14:15
  lectures, these speeches. He gave this speech six years
• 14:20
  ago. Not only does it stand the test
• 14:22
  of time, but, you know, it's very important that we listen to
• 14:26
  these types of things, especially as you know, we go
• 14:30
  into these times where governments start to wake up and
• 14:33
  they start to realize, holy cow, we have competition.
• 14:36
  We have competition like we've never had competition.
• 14:40
  We have competition. Well, let's regulate out of
• 14:42
  existence. Let's ban it.
• 14:43
  Holy cow. We can't ban it.
• 14:44
  So it's like forcing us to compete.
• 14:46
  What the F is going on? So I know what a lot of people
• 14:49
  are thinking. A lot of people got spooked last
• 14:52
  week. A lot of people are saying, holy
• 14:53
  cow, they're coming out of. They're coming after self
• 14:55
  custody. Well, you know, Andreas has a
• 14:57
  response for that. Let's check it out.
• 14:59
  I have a. 194 countries this month.
• 15:01
  That is way too fast. Let's try that one more time and
• 15:05
  let's put it at one times the speed.
• 15:08
  Here we go. But out of 194 countries, this
• 15:12
  model of turning money into a system of control has taken off
• 15:16
  like wildfire. Because it's every dictator's
• 15:20
  wet dream, because it ensures that political dissent can be
• 15:24
  snuffed at the bank very effectively.
• 15:29
  It is one of the most effective systems of control that exists
• 15:34
  and now it has to face competition from a system that
• 15:39
  will not do that, that cannot be made to do that, that will not
• 15:44
  yield, that will not be Co opted.
• 15:49
  And what's the response? Bitcoin's a joke.
• 15:54
  Crypto currencies, they're outside the system.
• 15:57
  Nobody wants to be outside the system.
• 16:00
  Guess what? There's 6 billion people out
• 16:03
  there. If they don't want to be outside
• 16:06
  the system, they'd much rather be inside.
• 16:08
  But they haven't been invited, and they probably won't.
• 16:13
  And many of them can't do the things that are necessary to be
• 16:17
  invited into the system. And guess what?
• 16:22
  There's an entire generation that has now discovered the two
• 16:26
  forms of power that come to people.
• 16:31
  First form is voice and the second form is exit.
• 16:36
  You either speak up with your voice, express your political
• 16:40
  will and force change, and when that doesn't work, you get to
• 16:45
  the second most important power that all humans have and that's
• 16:49
  exit Now. Borders have been erected for
• 16:54
  millennia to prevent exit, to slow down exit.
• 16:59
  You can't easily emigrate. Opt out.
• 17:04
  Colonize. Depart.
• 17:06
  Exit. But what happens when exit is
• 17:10
  not a physical act but a virtual act?
• 17:14
  What happens when people decide to exit from the financial
• 17:18
  system in a virtual way? Wrecks it bit.
• 17:24
  Exit. You can keep the inside of the
• 17:30
  gilded cage. It is demographically stagnated,
• 17:34
  it's over leveraged, it's swimming in debt, it's out of
• 17:40
  control, and it serves a tiny sliver of the population.
• 17:45
  You can keep it. An entire generation of
• 17:48
  millennials no longer believes in that fiction of bank
• 17:53
  security, of future possibility, of deferred earnings, of
• 17:59
  interest rates, of mortgages they will exit.
• 18:04
  They are exiting in droves. Not just here.
• 18:08
  Even more so in the countries where the existing system of
• 18:13
  inside finance, of the system of control is used despotically, is
• 18:18
  used oppressively. China is exiting in droves and
• 18:24
  it's barely started. Bitcoins been around for nine
• 18:27
  years. And So what does the Insider
• 18:31
  group do? What do the regulators do in
• 18:35
  response to a system that cannot be regulated?
• 18:39
  They regulate the bits. They can.
• 18:42
  They regulate the exchanges. They regulate the bank accounts,
• 18:47
  they regulate the national currency side of things.
• 18:51
  They shut down the on ramps and off ramps.
• 18:55
  They say we will not let you take your money with you and
• 19:00
  what do millennials say to that? Dude, I don't have any fucking
• 19:06
  money. All I have is my creative
• 19:11
  potential, my spirit, my productivity.
• 19:14
  And I can sell that directly for Bitcoin without an exchange,
• 19:19
  without an on ramp, without an off ramp.
• 19:22
  And when I need to buy something I'll use my digital currency
• 19:26
  directly without re entering your system to which I was never
• 19:31
  invited. Shut down the on ramps, shut
• 19:34
  down the off ramps and I will stay on board.
• 19:38
  I will stay digital. I won't touch your gilded cage
• 19:42
  anymore 'cause I don't need you, I exit.
• 19:50
  Whoa. Oh man, oh man, oh man.
• 19:52
  Andreas dropping the hot fire. Yeah, I mean, look, I'm gonna.
• 19:57
  I've said this before. Not as eloquently or not as
• 20:00
  nicely as Andreas put it, but I refuse to go back to a system of
• 20:07
  slavery. And I think regulators and
• 20:10
  politicians underestimate how many we are and how fast our
• 20:17
  ranks are growing. And I think Andreas hit the nail
• 20:20
  on the head. If it wasn't for Bitcoin, I
• 20:24
  don't know how I'd be able to afford a house if it wasn't for
• 20:27
  Bitcoin. I don't know how I'd be able to
• 20:29
  afford a future if it wasn't for Bitcoin.
• 20:34
  The Zoomer generation would be even more effed than my
• 20:37
  generation. He's talking about millennials.
• 20:39
  The Zoomer's got it 100 times worse, right?
• 20:42
  It's to the point that the propaganda coming out of the
• 20:45
  Contillion Era conference, also known as the World Economic
• 20:48
  Forum, is literally telling you you'll own nothing and be happy.
• 20:51
  Well fuck that. I own Bitcoin and be happy.
• 20:54
  I own Bitcoin in self custody and be happy.
• 20:58
  And if you're gonna try to convince me that somehow writing
• 21:01
  down 12 to 24 words is a danger to society, you got a lot of
• 21:07
  explaining to do, why that is a danger to society, why that is
• 21:10
  dangerous. In the 1st place, you gotta
• 21:13
  explain to me how me having the ability to take self custody of
• 21:19
  unconfiscatable wealth of which you can't debase and you can't
• 21:23
  freeze out a snap of a finger is somehow dangerous.
• 21:27
  You have to convince me of that because we've been living under
• 21:30
  your system and I remember 2008 like it was yesterday.
• 21:34
  And you know what I remember about 2008?
• 21:36
  They just locked the samurai guys in jail, right?
• 21:39
  I said you guys did all this damage.
• 21:41
  You guys are criminals. Well guess what?
• 21:43
  No fucking banker went to jail for 2008.
• 21:47
  Not one, not one. And how much damage did that
• 21:51
  cause society? How much hurt did that?
• 21:53
  Like caused the populace? Main Street got crushed.
• 21:57
  They got crushed. No one went to jail.
• 22:00
  No one had suffered consequences.
• 22:02
  In fact, not only did they not go to jail, the government
• 22:05
  bailed out the fucking banks in the 1st place like it's Total
• 22:09
  clown World. It's this is disgusting.
• 22:11
  And that's why Bitcoin was born. It was literally 2008, 2008,
• 22:15
  2008, 2009, Genesis on the brink.
• 22:19
  The Genesis Bloc Chancellor on the brink of the second bailout
• 22:21
  for banks. Literally Bitcoin was born for
• 22:24
  this stuff. It was literally born because of
• 22:27
  this injustice in the 1st place. And now they're freaking out
• 22:31
  because we reacted and we found a clever, roundabout way that
• 22:35
  they can't shut down. I'm sorry, dude.
• 22:38
  Like, you built this stuff. It wasn't meant for us.
• 22:41
  It wasn't meant for the majority of the world, like 60% of the
• 22:45
  planet. That because of the place that
• 22:47
  they happen to be born in, they're not somehow entitled to
• 22:49
  a bank account. Like, dude, Like, I'm sorry that
• 22:52
  we found a way to circumvent your system.
• 22:55
  I'm sorry that you thought for the rest of time there was
• 23:00
  always going to be a handful of intermediaries of which you guys
• 23:03
  could Co opt. Well, what you guys didn't plan
• 23:06
  for peer-to-peer mass communications and peer-to-peer
• 23:09
  mass money? You guys didn't plan for that.
• 23:11
  But that's not my problem. That's your problem.
• 23:13
  Anyways, I'm done. Opti, What's your take on this,
• 23:16
  bro? Andreas has me has me heated,
• 23:19
  bro, 'cause he was going off and dude, he hit the nail on the
• 23:23
  head. To say the least.
• 23:24
  To say the least, bro. Well, we're starting off Monday
• 23:28
  strong with the classic Nico Jones rant.
• 23:31
  Love to see it. Love to see it.
• 23:32
  And yeah, first and foremost, Andres is a legend.
• 23:35
  Like, that's how I got into Bitcoin.
• 23:37
  I've told this story all the time.
• 23:38
  When I found Bitcoin in 2017, I literally sat down for like an
• 23:43
  hour, just got hooked on Andreas Antonopoulos videos, and the
• 23:47
  rest is history. So like, without Andreas, I know
• 23:49
  a lot of US 20/16/2017 bitcoiners wouldn't be here
• 23:53
  because he was basically like the only Bitcoin content out
• 23:57
  there. And he's just got, he's got a
• 23:59
  way of explaining everything, you know, very technical but
• 24:01
  also down to earth. And Andreas is is a legend as
• 24:05
  far as I'm concerned, but I do want to hit on one thing, he
• 24:08
  said. And it's something we always
• 24:10
  talk about here on the show and I I forget exactly how he
• 24:13
  referenced it, but he basically said it's all about control.
• 24:16
  It will always be about control. And the real control is had when
• 24:20
  you control the money. And that's why we're seeing all
• 24:22
  the stuff we're seeing recently. Right now, you know, Bitcoin is
• 24:25
  speech, Bitcoin is a free speech issue.
• 24:28
  And This is why they are doing their best to try to censor
• 24:30
  speech on the Internet. This is why Elon's getting such
• 24:33
  a a a bad rap through the corporate press.
• 24:36
  And I I know a lot of people don't like Elon Musk but if he
• 24:39
  is about what he's saying then I think he is also a free speech
• 24:44
  advocate. I know there's nuance there and
• 24:46
  and you guys control me in the chat all you want but the
• 24:49
  control of money is their second tool or rather weapon in the
• 24:55
  tool bag. They they can't let you guys
• 24:56
  have peer-to-peer communication. And in that same vein they will
• 25:00
  do their best to try to stop peer-to-peer transaction a
• 25:04
  peer-to-peer money. You know guys go reread the
• 25:07
  white paper. It's literally in the first
• 25:08
  sentence, you know the the the Internet.
• 25:12
  And money on the Internet works well enough for everyone.
• 25:16
  But you have to trust the middleman.
• 25:19
  And as we know, as we constantly show on this show, they're
• 25:23
  they're doing whatever they can to stop you from transacting
• 25:27
  freely. It seems like they're posturing
• 25:29
  to get everyone into a spot Bitcoin ETF.
• 25:31
  You know, you use use Bitcoin, but use it with our guardrails
• 25:35
  and we're we're here to keep you safe, Guys.
• 25:37
  Everyone knows the classic tropes of it's for your safety,
• 25:40
  guys. When the government tells you
• 25:41
  it's for your safety, you know it's for your safety.
• 25:43
  Come on guys, What? What are you, a a a conspiracy
• 25:46
  theorist out there? Hence why we're seeing all the
• 25:49
  stuff we saw this last week. It's all going exactly as plan.
• 25:53
  If you've been in Bitcoin long enough, you knew that this was
• 25:55
  going to happen, you knew that this was going to be the next
• 25:58
  battle. And again, guys, you know
• 26:01
  governments can't ban Bitcoin, they can only ban themselves
• 26:03
  from Bitcoin. So if the US is really posturing
• 26:05
  where we all foresee this to go, not only is it just going to
• 26:10
  hurt America at large, but it's gonna hurt a lot of Americans.
• 26:13
  And This is why we constantly come out here and do our best to
• 26:17
  combat all of the crazy stuff coming out from the legacy
• 26:21
  media. And to Nico's point, I also
• 26:24
  believe it's a one way St. like once you wake up to the Fiat
• 26:27
  scam, once you really understand what goes on in the Fiat world,
• 26:31
  you're never gonna go back. You're only going to go back
• 26:33
  into the Fiat system as much as you have to.
• 26:36
  Once you're a bitcoiner, you're going to be a bitcoiner forever.
• 26:39
  Like I say it all the time. I I can't foresee a time in my
• 26:42
  future where I won't be transacting a Bitcoin, where I
• 26:45
  won't want to save in Bitcoin because there's nothing else for
• 26:49
  us out there. There is no alternative.
• 26:51
  It is literally Bitcoin or slavery, as Nika always says,
• 26:55
  and it's just a matter of waking up everyone else from the
• 26:59
  brainwashing that they've had for the last 100 years.
• 27:02
  You know, all of our lives we've been brainwashed into believing
• 27:05
  that the Fiat system is the status quo.
• 27:07
  And now that they are being tested, now that there's
• 27:09
  competition, now there's a free market for money.
• 27:12
  Obviously they are not going to let that go easily, and if you
• 27:16
  were in power you would probably do the same thing.
• 27:19
  You do not want to lose your place in society.
• 27:21
  But as Andreas so eloquently put it out there, us millennials and
• 27:26
  zoomers, we didn't have any capital.
• 27:28
  We weren't a part of this game. We had no hope.
• 27:31
  And then we found Bitcoin. And we're like, yeah, wait,
• 27:33
  we're going to go back to your system where we're gonna be
• 27:36
  broke forever. We're like, no, we have a chance
• 27:39
  here with Bitcoin. And I was just having the
• 27:42
  meeting with our Twitter team and my boy Morpheus, he was
• 27:47
  saying something that I think more of us need to keep
• 27:51
  reminding ourselves. It's like we have a duty here to
• 27:54
  spread Bitcoin because it is a very important thing that we're
• 27:58
  talking about. Whether it's you guys just ship
• 28:00
  posting on Twitter or not, or talking about Bitcoin with your
• 28:03
  friends and family. You got to remember what we're
• 28:06
  doing here as Bitcoiners is extremely important.
• 28:09
  We are trying to change the trajectory of humanity moving
• 28:12
  forward. And so I just want you guys to
• 28:14
  remember this is very important stuff, what we do every single
• 28:18
  day. Yes, we have fun.
• 28:19
  Yes, we're as light hearted as possible.
• 28:21
  Yes, we joke around, but spreading Bitcoin to everyone
• 28:27
  that is ready to wake up to Bitcoin is the most important
• 28:30
  thing we can be doing. And man, This is why I'm just so
• 28:32
  honored that we can do this every single day and that this
• 28:35
  is our job and that you guys like what we're doing.
• 28:37
  So man, kudos to everyone out there.
• 28:40
  We're winning so hard or else they wouldn't be fighting us
• 28:43
  this hard. So it's just so beautiful and
• 28:45
  and one last thing, you know, Andre said that Bitcoin's only
• 28:48
  nine years old. Bitcoin's 15 now, and it's all
• 28:52
  going exactly as planned. If you've been in Bitcoin long
• 28:55
  enough, you knew this was is going to happen and here we are.
• 28:58
  It just means we are winning and it's going exactly as we knew it
• 29:02
  was going to. Hopefully we can do a little,
• 29:05
  you know, a less bloody transition, but no one said it
• 29:08
  was going to be easy. We knew this was going to come.
• 29:12
  Johnny, what's your take on all this, brother?
• 29:14
  Yeah, Amen. I think, you know, it really is
• 29:18
  just a massive psyop. There's massive, you know, look,
• 29:23
  don't look behind the curtain. People are waking up.
• 29:27
  Though They have never had a reason to ask about inflation
• 29:30
  until just a couple years ago. They've never had a reason to
• 29:32
  question the money until they're realizing it's failing them, and
• 29:37
  they're doing all they can to shut off the off ramps.
• 29:41
  But Bitcoin's winning. I feel like it is though.
• 29:44
  The Titanic, the US dollar is going down.
• 29:46
  It's like Titanic and they're trying to block the life rafts,
• 29:48
  right? And if we can, if we can get
• 29:51
  ahead of it, if we can get more people into Bitcoin, it's going
• 29:54
  to be impossible to shut down. It's going to be too big to to
• 29:57
  stop. A wildfire is easiest to stop
• 29:59
  when it's, you know, self-contained.
• 30:02
  But. But if we can spread this
• 30:03
  Bitcoin wildfire around, they'll have to compete with it. 100%
• 30:08
  though, I think that's the keyword, right?
• 30:10
  Is it's like Bitcoin is this like forcing function in the
• 30:12
  sense that, you know, they they have to because they can't make
• 30:16
  it go away through coercion. They can't just ban it then
• 30:19
  they're just kind of forced to compete with it, right?
• 30:23
  And you know that that is that's the signal right there, right?
• 30:26
  It's it's Bitcoin is this, you know, Bitcoin exists and they
• 30:31
  can't make it go away, right? And if they can't make it go
• 30:33
  away? And if Bitcoin's a better money,
• 30:35
  then look, why are they still hell bent on attacking self
• 30:39
  custody? Like, why are they still hell
• 30:41
  bent on that? Like what?
• 30:42
  Why why do they have an issue with people choosing an
• 30:45
  alternative to like that isn't part of the deal, right?
• 30:49
  Like if you're you know you, you're born into a country,
• 30:52
  right? No one ever told me that they
• 30:55
  were just like, yo, you have to use, you know, like you have to
• 30:59
  use the dollar. Like, it's like, but why?
• 31:02
  Like, why? Why do I have to use the dollar?
• 31:03
  Like, it's like there's income tax, right.
• 31:06
  You can make an argument for that, even though I'm not
• 31:08
  necessarily, but you can make an argument for that, right?
• 31:11
  But Fiat money, like, why do I have to use your money?
• 31:14
  Exactly. And then that uncovers a whole
• 31:16
  bunch of, you know, BS. But.
• 31:19
  And they don't have an answer to.
• 31:20
  They don't have a good answer to that, right.
• 31:22
  Because they never thought that they would have to compete with
• 31:25
  something else. Right, Which is, you know, is is
• 31:27
  beauty the beauty of Bitcoin? I always say, like one of my
• 31:30
  favorite things about Bitcoin that a lot of people don't talk
• 31:33
  about is that Bitcoin exposes all incentives, right?
• 31:36
  Anyways, everybody, let's get some news.
• 31:39
  We have a lot to talk about today.
• 31:40
  Let's check it out. Here we go.
• 31:44
  The Daily News. I wanna give a shout out to our
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  You could scan the QR code or check the link in the video
• 33:02
  description. All right, everybody, Man, this
• 33:07
  is so well put. So I'm going to start off with
• 33:09
  this, right. And of course this is a a tweet
• 33:12
  from Beauty on because the FBI calls Bitcoin money so they can
• 33:15
  arrest you for money laundering. The IRS calls it property so
• 33:18
  they can tax you on capital gains.
• 33:20
  The SEC calls it a security so they can sue every exchange.
• 33:25
  That CFTC calls it a commodity. So you can't use it as a money,
• 33:28
  as a currency. I mean like like this is like so
• 33:38
  effing true that. It's like they're just calling
• 33:41
  it whatever is convenient to them to achieve a certain
• 33:46
  political goal, right? So you know it.
• 33:49
  So it's it's it's not, it can't be money because if it was money
• 33:54
  then we couldn't tax you on it. FBI has to be money because
• 33:59
  you're money laundering. No, it's actually commodity.
• 34:03
  It can't be used as money. That's actually security.
• 34:07
  We're going to sue the F5 like it is so true.
• 34:10
  This is so true. Whoever came up with this tweet
• 34:13
  you know so spot on. Amazing observation.
• 34:17
  Anyways I tweeted this out this morning and I said look on the
• 34:20
  bright side now the government has fully admitted Bitcoin as
• 34:24
  money. So we we we're making, we're
• 34:26
  making we're making progress we're at least stepping in the
• 34:30
  right direction. Another quote UN quote mixer was
• 34:36
  you know decided to pull out of the US Wasabi is has now is now
• 34:42
  blocking U.S. citizens and residents from visiting its
• 34:45
  websites downloading and using Wasabi.
• 34:47
  So I mean that makes Wasabi that makes samurai out of the
• 34:52
  country. That makes Phoenix Wallet,
• 34:55
  Wallet of Satoshi, You know, the US, the land of the free, Not so
• 35:00
  much anymore. This is not a good sign, like
• 35:02
  the fact that you can't use software as an American and
• 35:11
  because of the place that you happen to be born in to remember
• 35:14
  what Andreas was saying, because they've politicized the money,
• 35:19
  they've normalized the money. And Bitcoin's exposing
• 35:22
  incentives and saying, wait a second, you've politicized the
• 35:26
  money. We're offering an alternative,
• 35:28
  We're offering a neutral money that doesn't care where you're
• 35:32
  happening, born in. And now all of a sudden the the
• 35:34
  apparatus, the state is reacting and saying wait a second, what's
• 35:38
  going on? But in the process of them
• 35:42
  reacting to it, hypocrisy start to pop up like the one that
• 35:47
  beauty on pointed out hypocrisy start to pop up.
• 35:50
  As in, they have to admit that it's money, right?
• 35:55
  That's the beauty of Bitcoin is that it exposes incentives and
• 35:58
  what's being exposed is the administrative state in the US
• 36:02
  it's like, wait a second, are you really a government for the
• 36:05
  government, by the people, for the people?
• 36:07
  Or are you really a government by the government for the
• 36:09
  government, right? That's really what it looks
• 36:13
  like, right? Money isn't supposed to be.
• 36:15
  If you look up the definition of money, which we did on a on a
• 36:18
  couple episodes ago, it doesn't mention politics there, right?
• 36:23
  They've politicized. They've abused the privilege,
• 36:29
  right, Because people trusted in the government to run money or
• 36:34
  to do money, and the government has abused that trust.
• 36:40
  It's not in the Constitution. This is not.
• 36:43
  It's not in there, right. They've abused the trust.
• 36:46
  They've broken that trust. In fact, the Founding Fathers
• 36:49
  were they did not like paper money whatsoever.
• 36:54
  It was like a huge thing. Andrew Jackson got involved.
• 36:57
  They tried to set up a National Bank, They shut it down.
• 37:00
  And in 1913 they met up secretly in Jekyll Island.
• 37:04
  They finally put it through. Right.
• 37:07
  But like, you know, most of American history, this wasn't
• 37:09
  the case, right? So like to try it for them, to
• 37:12
  try to psyop you into thinking that somehow money has to lose
• 37:17
  purchasing power to exist. That's utter bullshit.
• 37:22
  Don't fall for the bullshit because that's what it is.
• 37:25
  It's bullshit. Anyways, I do want to get to
• 37:28
  today's news, which is this news came out.
• 37:32
  I am aware I'm gonna cover both sides of it.
• 37:36
  But this initial news came out and the headline article is
• 37:40
  Russia Prepares for Total Crypto Ban as Geopolitical Tensions
• 37:44
  rise. Here is a quote from the The
• 37:48
  Politician. It says, quote digital financial
• 37:50
  assets issued in Russian jurisdiction and digital Robles
• 37:53
  will be allowed. The need for a ban is due to the
• 37:56
  fact that today cryptocurrency is a quasi currency that
• 38:00
  replaces the ruble in the country.
• 38:03
  But only the Russia ruble fulfils the mission of the
• 38:06
  monetary unit. So this decision has been made.
• 38:09
  OK, let's break this down, right.
• 38:12
  And then again we'll get, we'll get the other news coming up
• 38:15
  from Twitter. We'll get to it in a second, but
• 38:18
  remember how I told you the exposes incentives, So OK, so
• 38:24
  it's a quasi currency that replaces the ruble in the
• 38:26
  country, but only the Russian ruble fulfills the mission of
• 38:30
  the monetary hold. On a second, like like do you
• 38:37
  just get to say that or the the the free, the market's deciding
• 38:41
  something else but you the government said no, no, no, no.
• 38:43
  We could be the only issuers of money like fulfills the mission
• 38:47
  of the Russian government I think is is what they actually
• 38:50
  meant to say, right? But that doesn't necessarily
• 38:53
  align with what benefits the Russian people or what benefits
• 38:58
  people worldwide because we're seeing something very similar in
• 39:00
  the US. The bill will carve out
• 39:02
  exception for crypto miners and central bank sponsored test
• 39:06
  projects with an experimental legal framework, as crypto
• 39:10
  mining significantly boost Russia's tax revenue.
• 39:12
  Right. So it reminds me of the article
• 39:16
  that Alex Gladstein wrote for Bitcoin Magazine where he the
• 39:19
  name of the article was Bitcoin's a Trojan Horse for
• 39:21
  Freedom. And that article he makes the
• 39:23
  case that number go up and freedom go up are inextricably
• 39:28
  linked. You can't disconnect them.
• 39:30
  But he's making the argument that people cannot resist the
• 39:33
  NGU. You even see this in China, how
• 39:36
  they're using Hong Kong as an isolated proxy to benefit from
• 39:41
  NGU while isolating the mainland from Bitcoin.
• 39:44
  Even though there's a still tremendous amount of Bitcoin
• 39:48
  usage in mainland China and Bitcoin mining in mainland
• 39:51
  China, you can't resist Bitcoin's incentives, right?
• 39:55
  Anyways, so I just find that hilarious.
• 39:57
  It's like, yeah, well, we can't have people, you know, using
• 40:01
  this, but we still want miners in the country.
• 40:03
  Now, apparently there's been an update to this.
• 40:07
  From radar hits that hasn't been fully verified, but I do want to
• 40:10
  you know, share it with you guys in the sake of for the sake of
• 40:13
  transparency. And apparently the update says
• 40:16
  Russia's not banning Bitcoin or crypto, says the lawmaker who
• 40:19
  actually drafted the new the legislation.
• 40:22
  Which is kind of weird because that quote that he just said
• 40:25
  says something different. But anyways, it goes on to say
• 40:28
  Russia's banning the creation of domestic crypto exchanges and
• 40:31
  payment services. So I mean you know again guys
• 40:35
  connect the dots with the Andreas Antonopoulos thing in
• 40:37
  the in the very beginning that video with this.
• 40:41
  So if they're banning creation of domestic crypto exchanges,
• 40:45
  then how are people going to buy Bitcoin or the is it is it
• 40:48
  peer-to-peer goes, it says of course the circulation of
• 40:52
  cryptocurrencies will not be prohibited.
• 40:54
  The organizational, the organization of turnover is
• 40:58
  prohibited and that is the creation of exchanges and
• 41:01
  exchangers outside the zone of operation of the experimental
• 41:04
  legal regime. So I mean so they're banning on
• 41:07
  ramps essentially. So then how else are you going
• 41:09
  to get Bitcoin in Russia? So I guess you'd get it from
• 41:12
  peer-to-peer. But it's what you know, Andrea
• 41:15
  said like dude, like the money is so effed at this point.
• 41:19
  Millennials and zoomers have it so bad at this point that like,
• 41:23
  we're just kind of we've gotten to the point where we're just
• 41:26
  like, all right, dude, like like fuck you.
• 41:29
  Like like basically like we we just reached that point where
• 41:33
  it's like, dude, like, like, OK, like you you're not going to
• 41:37
  you're not going to try to force us into using this shit.
• 41:40
  And it's like, they're so they're they've they've been
• 41:43
  used to operating in an environment where coercion
• 41:47
  works, right. They've been used to operating
• 41:49
  environment where they've had a total monopoly and control on
• 41:53
  the narrative, on information. This is why they're so hell bent
• 41:57
  on controlling Twitter. This is why they're so hell bent
• 41:59
  on on controlling social media and the narratives.
• 42:02
  Because they can't control the narrative if there's a mass
• 42:05
  scale peer-to-peer communication, and they much
• 42:09
  less can control the populace if there's mass scale peer-to-peer
• 42:13
  money, right? So anyways, there's the update
• 42:16
  from Russia. Now before I pass it on to the
• 42:18
  panel, I do want to give it a quick update in terms of the
• 42:21
  United States. This is the news coming out
• 42:23
  today. DOJ challenges tornado cash
• 42:26
  developers motion to dismiss, criminal indictment A little bit
• 42:29
  of context here. The tornado cash case was the
• 42:33
  first time the US Treasury sanctioned open source software.
• 42:38
  It set the precedent for the US government, specifically the
• 42:42
  DOJ, to eventually go after samurai, right?
• 42:47
  And it continues this trend of the criminalization and the
• 42:52
  villainization of privacy in the case of tornado cash and in the
• 42:57
  case of samurai. The vast majority of people
• 43:01
  mixing, the vast majority of people seeking privacy was not
• 43:06
  collect, was not connected to illicit finance.
• 43:09
  It was only a small subset of those people, apparently, that
• 43:14
  we're using it for illicit means.
• 43:17
  So why is it that all of us get punished for the crime of a few,
• 43:22
  right? It's a very interesting
• 43:23
  question. Why is primacy villainized?
• 43:26
  I would make the argument that you can't have freedom without
• 43:29
  privacy. I would make the argument that
• 43:32
  the 4th Amendment, which is no unreasonable searches and
• 43:36
  seizures, specifically protects from this type of overreach.
• 43:42
  Right. But again, I think Lynn Alden
• 43:44
  put it so it's put it so, so well, and Andreas put it really
• 43:49
  well. We've lived in a world where
• 43:52
  they've had total control. They've they've politicized and
• 43:59
  they've weaponized the money and they've used that to control
• 44:03
  their populace. And then all of a sudden
• 44:05
  alternatives start to pop out that they can't shut down, they
• 44:09
  can't coerce, they can't just tap into those intermediaries
• 44:13
  and say, hey, now you are a you are an arm of the state, right?
• 44:21
  They can't do that anymore, right?
• 44:23
  So This is why this is happening anyways.
• 44:25
  It goes on to say the US Department of Justice pushed
• 44:27
  back against Tornado Cash developer remain Storm's motion
• 44:30
  to dismiss criminal indictment against him claiming that
• 44:33
  Tornado Cash acted as a money transmitting business.
• 44:36
  It goes on to say in a 111 page filing on Friday, the the DOJ
• 44:43
  disputed how the defense characterized Tornado Cash,
• 44:45
  saying it was announced in 2019 has a mixture and the overall
• 44:49
  service includes on the website, user interface, and a
• 44:52
  combination of smart contracts and a network of relayers.
• 44:55
  The indictment clearly alleges that the Tornado Cash service
• 44:58
  was a commercial enterprise carried on for profit financial
• 45:02
  gain, and that the defendant himself profited from its
• 45:04
  organization through his control with others of key components of
• 45:08
  the integrated Tornado Cash service.
• 45:10
  The very success of the Tornado Cash service and laundering
• 45:13
  enormous amounts of criminal proceeds shows the needs for
• 45:17
  restrictions. The indictment lays out one
• 45:19
  picture of the success in the form of 2.7 million in tornado
• 45:23
  profit that it says storm transferred to cold wallets that
• 45:26
  has still not been identified. Storm has also accessed Binance
• 45:30
  using AVPN and an account under a false identity to cash out
• 45:34
  other tornado cash proceeds. In the summer of 2023, the DOJ
• 45:38
  charged Tornado Cash developers Remain Storm and Romaid Smenov
• 45:42
  with a with conspiring to commit money laundering and conspiring
• 45:45
  to operate an unlicensed money transmitter and conspire
• 45:49
  inspiring to violate sanctions law.
• 45:51
  The government has not charged the defendant with a crime that
• 45:53
  involved solely writing code or maintaining a website.
• 45:56
  Rather than the charged offences required, the government to
• 45:59
  prove that the defendant conspired to conduct financial
• 46:02
  transactions designed to conceal criminal proceeds, operating
• 46:06
  money transmitting business, and receive or provide goods or
• 46:09
  services to sanction entities in ordeal and blocked property.
• 46:14
  Lawyers representing Storm sought to dismiss the indictment
• 46:17
  at the end of March. They contend that Tornado cash
• 46:19
  does not qualify as a custodial mixing service or a financial
• 46:24
  institution as defined by law. Additionally, they argued Storm
• 46:27
  was unable to exercise control over the service or prevent its
• 46:31
  use by cyber criminal groups. The trial of Romaine Storm is
• 46:35
  set to begin this September. the US has not yet arrested Romaine
• 46:39
  Sermov, another Tornado Cash Co founder.
• 46:43
  It goes on to say, and here is one of the I would say
• 46:47
  screenshots of the indictment. It says the definition of money
• 46:50
  transmitting in Section 1960 does not require the money
• 46:54
  transmitter to have control of the funds being transferred.
• 46:58
  So I mean like talk about like kind of moving the goal posts
• 47:04
  and just keeps going with kind of examples.
• 47:08
  Joe Collisar is great kind of like he has a legal background,
• 47:11
  he chimed into this as well. But it's just interesting to me
• 47:17
  like the fact that like it's like we went over the, the the
• 47:22
  bank numbers with you guys, right.
• 47:24
  And the bank numbers are are fascinating because the largest,
• 47:28
  most used money launder like the, the the largest money
• 47:32
  launderers in the world are accredited, you know regulated
• 47:38
  financial institutions. And what they get, the
• 47:41
  punishments that they get for quote UN quote, money laundering
• 47:44
  is a fine, right. But again, when software
• 47:50
  developers do it that are outside of the the golden cage
• 47:54
  or the gilded cage, like Andreas Antonopoulos said, no, no, no.
• 47:58
  All of a sudden that is a threat to national security, right?
• 48:01
  They, they treat them very, very seriously.
• 48:05
  But when the bankers do it, that's a fine.
• 48:09
  What are you doing? Because that's something that's
• 48:12
  not being talked about like these are huge.
• 48:15
  You know, they they they go in front of the podium and they
• 48:18
  they they do this presentation. They're like these people are
• 48:21
  criminals. What they fail to mention, just
• 48:24
  like Elizabeth Warren fails to mention this as well, is when
• 48:28
  she's saying like, holy shit, you know, she's making the
• 48:30
  argument that Hamas is using Bitcoin to launder money.
• 48:35
  What she fails to mention is that 98 to 99% of money
• 48:41
  laundering is done through the traditional financial system of
• 48:45
  which all these regulations that they're touting off the rooftops
• 48:49
  are already in place. So what is this actually about?
• 48:54
  Well, this is what Andreas is saying is that the millennials
• 48:58
  found a way to use a system of which they can't Co opt and
• 49:03
  control and they're freaking the F out and in the process they're
• 49:07
  exposing their incentives, which is the FBI calls Bitcoin money
• 49:14
  so they can arrest you for money laundering.
• 49:16
  The IRS calls it property so they can tax you on capital
• 49:19
  gains. The SEC calls it a security so
• 49:21
  they can sue every exchange. The CFTC calls it a commodity so
• 49:25
  you could use it as a current, so you can't use it as a
• 49:27
  currency. They're picking and choosing
• 49:30
  what they want this to be in order to achieve a goal.
• 49:33
  That's not how it works, bro. That's not how it works, dude.
• 49:37
  But this tells me, like the silver lining on all this also
• 49:41
  is that this tells me is that we're winning.
• 49:44
  Because if we weren't winning then they wouldn't be this
• 49:48
  desperate. They wouldn't slip up this bad.
• 49:52
  Like this is bad. Like this is so obviously bad.
• 49:55
  Like, this is so obvious to the point that it reminds me of the
• 49:59
  the Schwartz and Itzen quote, which is they're lying.
• 50:02
  We know they're lying and they're lying anyway, right?
• 50:05
  It's getting to that point. This is end stage Fiat for you
• 50:09
  in 4K and you guys have front row seats.
• 50:12
  Hopefully you have Bitcoin in self custody because then you're
• 50:14
  watching, you know, with binoculars from the life robes,
• 50:18
  from life rafts or whatever. Here's Pierre Richard and he's
• 50:21
  mentioning the tornado cash case, and he says this is a
• 50:24
  serious problem for Bitcoin in the United States.
• 50:27
  Legislative reform slash repeals.
• 50:29
  Necessary before we get all, we all get prosecuted, right,
• 50:33
  'cause it's like, OK, so is my Bitcoin node that has a copy of
• 50:38
  the entire Bitcoin blockchain even though I don't have access
• 50:42
  to, you know, every. Is that considered money
• 50:44
  transmitting? Is a Bitcoin miner considered
• 50:47
  money transmitting like they're moving the effing goal Post.
• 50:50
  And remember they have been able to ban Bitcoin mining in the
• 50:56
  United States, circumventing the legislative process.
• 51:01
  This isn't a law that was passed in Congress, this was just them
• 51:06
  prosecuting people and then it scares the living shit out of
• 51:09
  all their developers. And they say like I don't want
• 51:11
  to deal with the US, so it de incentivizes the development of
• 51:17
  the Bitcoin industry in the US. Bitcoin developers pull out.
• 51:20
  Rightly so, right? That hurts American citizens.
• 51:25
  So who exactly are they protecting?
• 51:27
  Because the banks could do whatever the F they want
• 51:29
  anyways. All right, I'm going to end it
• 51:31
  with this and then I'll pass it on because I've been on my
• 51:34
  soapbox for quite a bit. But it is a very important
• 51:36
  topic. Here's Jerry Britto.
• 51:38
  Jerry Britto is part of Coin Center.
• 51:41
  Coin Center as well as the Bitcoin Policy Institute are the
• 51:44
  lobbying arms of the Bitcoin and quote UN quote crypto industry
• 51:50
  in Washington DC. So these are the guys that are
• 51:52
  supposed to be educating the politicians.
• 51:54
  These are the most of the guys that are supposed to be lobbying
• 51:56
  the politicians. I don't have an opinion on Coin
• 52:00
  Center in the B, MB, Pi at the moment, but I will read Jerry
• 52:05
  Britto's tweet and he says over the past few days there have
• 52:09
  been a number of attacks on non custodial crypto services.
• 52:12
  That's the keyword non custodial.
• 52:15
  The Samurai wallet indictment, which we believe includes some
• 52:18
  questionable charges. The government's response in the
• 52:21
  case against tornado cash developers, which specifically
• 52:24
  calls out Coin Center's brief the FB is bulletin essentially
• 52:28
  warning Americans to stay away from self hosted wallet
• 52:31
  services. There's a lot to be said about
• 52:34
  all this and a thoughtful and thorough legal analysis takes
• 52:37
  time. Coin Center will post one soon,
• 52:40
  likely today, but until then, please bear with us.
• 52:43
  We're on the case. I really hope so, Coin Center.
• 52:45
  That's my comments on that. But what I will say about all
• 52:49
  this is that like look guys, the more they push and they more
• 52:56
  they do these ridiculous things, the more they really exposed who
• 53:01
  they truly are and what they actually want.
• 53:05
  And it's clear as day. All they want is to retain the
• 53:11
  power of creating money for free that everyone else has to work
• 53:14
  for. And all they want is for you,
• 53:18
  the citizen, the individual, to not be able to hold a money that
• 53:22
  they cannot be base and they can't confiscate at the flick of
• 53:26
  a switch. Why?
• 53:27
  Because if you are able to do that as an individual, and a big
• 53:31
  portion of the population is able to do that as an
• 53:33
  individual, the entire pyrodynamics between the
• 53:37
  individual and the state completely change.
• 53:41
  And all of a sudden those politicians aren't so powerful
• 53:44
  anymore and they don't get to play God anymore by creating
• 53:47
  money out of nothing anymore, right?
• 53:49
  So that's essentially what they're fighting.
• 53:51
  They're fighting that, but they can't say it, but they end up
• 53:54
  saying it anyways, which is beautiful, right?
• 53:57
  Anyways, I'm going to pass it on to Johnny and then we'll hit
• 53:59
  Opti. It reminds me of that classic
• 54:03
  cartoon trope actually. So if you've seen Incredibles,
• 54:07
  where Dash is running on the water and there's people coming
• 54:10
  at him from all sides and then he ducks and they crash into
• 54:13
  each other, like I think all these arguments are are are
• 54:17
  being set in stone. They're all attacking Bitcoin
• 54:20
  and and and contradicting themselves.
• 54:23
  And I guess that gives me hope that there's a legal case here
• 54:26
  or that there's some defense here.
• 54:28
  And then the other thing I'll say is you know we're seeing
• 54:31
  checks and balances. I think it was Oklahoma just
• 54:34
  passed a self custody protection in their state law.
• 54:37
  And so I think you know we need to be on top of this.
• 54:41
  I think the more bitcoiners we have in Congress, the more bit
• 54:44
  bit corners we have everywhere, the more we can fight this.
• 54:48
  But yeah, it is, it is something we need to be vigilant about, we
• 54:52
  can't sleep on. So it's important to kind of
• 54:55
  raise the alarm bells right now when we're seeing it. 100% And I
• 55:00
  loved what you brought up and I think you buried the lead there.
• 55:03
  In terms of specific states, multiple states have passed
• 55:08
  laws. Shout out to Dennis Porter.
• 55:09
  By the way, have passed laws to protect the right to self
• 55:14
  custody. And I forget who.
• 55:16
  I don't want to name any names, but it was a specific individual
• 55:19
  that said no, the federal government, federal law Trump's
• 55:23
  state law. It's like technically that's
• 55:25
  true, but what about the entire marijuana industry where
• 55:29
  basically individual states have been said like, look, I get it,
• 55:33
  but like F you, at the same time, this is legal in my state.
• 55:37
  We might see something very similar when it comes to
• 55:41
  Bitcoin. And I think it's grassroots, so
• 55:44
  it's bottom up. I think individual states have
• 55:48
  more of an incentive to fight for Bitcoin rather than the
• 55:52
  federal government. I think the federal government
• 55:54
  has everything to lose in my opinion.
• 55:57
  So anyways, Opti, what's your take on this before we get to
• 55:59
  the culture? Yeah I might take a little
• 56:02
  contrarian take on this a little bit at least on that last point
• 56:05
  guys, because I I've been getting a little bit black
• 56:07
  pilled on trying to orange pill politicians.
• 56:10
  And I I'm I'm becoming more convinced that a piece of paper
• 56:13
  will not protect you as a bitcoiner.
• 56:15
  Because the more we try to orange pill these politicians
• 56:18
  and and the like, the more it seems like they listen and then
• 56:21
  very quickly turn against Bitcoin and bitcoiners.
• 56:24
  So again, why I do like the move to protect self custody and and
• 56:29
  make it like set in stone. I am not convinced that a piece
• 56:32
  of paper will protect us as bitcoiners.
• 56:34
  So This is why we need to take action and This is why we tell
• 56:37
  you guys always to secure your Bitcoin.
• 56:39
  Make sure you're taking your Bitcoin into custody.
• 56:42
  Make sure you're writing your seed words down.
• 56:43
  And as everyone in the chat is saying, it's like they're gonna
• 56:46
  come after us for remembering 24 words.
• 56:48
  Like it. It sounds as ludicrous as it is.
• 56:51
  It's like what they they can't stop us from communicating, they
• 56:54
  can't stop us from remembering words, they can't stop math.
• 56:58
  And the more they try, as Nico was saying, the more they expose
• 57:02
  themselves and and Bitcoin exposes their intentions and
• 57:06
  then kind of going back a little bit like I I completely missed
• 57:08
  that wasabi news, Nico, that's crazy.
• 57:10
  Land of the Free just absolutely wrecked right now.
• 57:12
  It's not a it's not a very good time to be in America to say the
• 57:16
  least. But I do have hope in America
• 57:19
  and I do have hope in people. And basically it just goes back
• 57:23
  to the the game theory of Bitcoin.
• 57:25
  Like if one country tries to stop Bitcoin then another
• 57:28
  country will make favorable loss for Bitcoin and Bitcoin will
• 57:31
  just slow to where it's treated best.
• 57:33
  And we've seen this play out over time and we'll we'll
• 57:36
  continue to see this play out over time.
• 57:38
  So hopefully American get their act together but I mean in the
• 57:42
  very basic terms you know like to that beauty on tweet like
• 57:46
  Bitcoin is just a messaging system guys like it's literally
• 57:49
  just sending messages. So I was reminded of what's that
• 57:53
  one like comic where there's a bunch of blind people and they
• 57:56
  touch an elephant and everyone makes up their own decisions of
• 57:58
  what it is like. That's what we're seeing.
• 58:00
  And and we can very clearly say that the federal government's,
• 58:04
  any, any government out there, basically they will twist the
• 58:09
  words and they'll use whatever framing they want to to try to
• 58:12
  clamp down on things they don't like.
• 58:14
  You know what's the me? My mom always says it's like the
• 58:19
  the left hand doesn't know what the right hand is doing and
• 58:22
  they'll just try to get away with as much as much egregious
• 58:27
  behavior as possible. And we know this is going to
• 58:30
  happen again. We saw this play out.
• 58:32
  I'm glad Nico played the Andreas clip today because it's working
• 58:35
  and going exactly as planned. We knew that the powers that be
• 58:39
  are going to try to regulate Bitcoin on and off ramps.
• 58:42
  They've been trying to regulate Bitcoin mining.
• 58:44
  We know that this is how they can try to shoot Bitcoin in the
• 58:48
  knees. But Bitcoin cannot be stopped.
• 58:50
  They can only try to stop the on and off ramps.
• 58:52
  They can try to, you know over regulate Bitcoin all they want,
• 58:55
  but Bitcoin will just route around them.
• 58:57
  Remember guys, it's, I think it's at the Hyatt quote or the
• 59:01
  the Hop Hoppa quote where it's maybe it's not even them.
• 59:06
  I'm blanking on who the quote is, but just the only way to
• 59:09
  actually win is by building a parallel system and routing
• 59:12
  around them. And that's what we're seeing.
• 59:14
  If if you thought that they were going to give up their power
• 59:17
  peacefully or quietly, like you've been naive and a lot of
• 59:21
  his bit corners have been talking about, obviously we're
• 59:23
  hopeful. We're optimistic.
• 59:25
  We want to make sure that this happens as peacefully as
• 59:29
  possible. Of course.
• 59:30
  No one wants to end up in a cage for just remembering 12 to 24
• 59:33
  words. It's it's absolutely incredible.
• 59:36
  But the more they try to clamp down, the more it feels like
• 59:39
  they're herding cats. And that's why the free market
• 59:42
  will always win, is because entrepreneurs will just spin up
• 59:45
  products that cannot be stopped. They cannot stop this
• 59:48
  technology. And the more they try to ban it,
• 59:50
  the the the more that Bitcoiners will build.
• 59:54
  You know cypher cypherpunk write code like I'm no cypherpunk, but
• 59:58
  I understand where Bitcoin. Come froms, I understand where
• 1:00:02
  what Bitcoin was built on. And This is why we always talk
• 1:00:05
  about Bitcoin being free to money.
• 1:00:07
  This is about freedom, guys. This is what it's always been
• 1:00:10
  about. Yes, number go up is good, but
• 1:00:12
  with number go up comes freedom go up.
• 1:00:14
  And that's what it's really all about.
• 1:00:16
  And one last point, that Tornado cash update, I'm so glad we did
• 1:00:21
  that because it keeps reminding me of the historical lesson of
• 1:00:26
  the Internet. They did the same thing with the
• 1:00:27
  Internet. They always point to, you know,
• 1:00:30
  quote, UN quote criminals or pornographers or whatever they
• 1:00:33
  want to say and say, oh man, you know, only bad people are using
• 1:00:36
  this new technology. And usually when the data comes
• 1:00:40
  out, it's only a super small subset of the users that are
• 1:00:45
  actually doing nefarious things and chucks at the set for
• 1:00:47
  privacy. Because he also did a a study,
• 1:00:51
  or rather he went through the numbers and and basically showed
• 1:00:54
  that like for the most part 90, I think it was like 95 or plus
• 1:00:59
  percent of the people using Samurai were just average
• 1:01:02
  everyday people that just wanted to protect their privacy.
• 1:01:04
  And so the more they clamp down on Bitcoin and Bitcoin users,
• 1:01:08
  and the more they use the framing that oh, only criminals
• 1:01:11
  are using it, the more their incentives get exposed and the
• 1:01:14
  more they're clamoring and fearing for control.
• 1:01:17
  And this has all been tried before.
• 1:01:19
  And the powers that be just cannot stop technological
• 1:01:23
  advancements. Like they always try to hamper
• 1:01:26
  new technology. They're always afraid of new
• 1:01:28
  technology. And you're even seeing this with
• 1:01:31
  like AI. And no one cares about the usage
• 1:01:33
  of AI in regards to electricity, but there's very afraid of
• 1:01:37
  Bitcoin miners and all the electricity you're using, and
• 1:01:40
  it's just absolutely insane. And This is why we Bitcoin.
• 1:01:43
  This is why we, as bitcoiners show up every single day, try to
• 1:01:47
  spread the signal, to try to make sure that more people wake
• 1:01:50
  up from the brainwashing, from the psyoping and hold their
• 1:01:53
  money directly. Bitcoin is freedom.
• 1:01:56
  Bitcoin is the way that we move forward.
• 1:01:59
  And man, this is like the there is no alternative.
• 1:02:02
  I I hate to use that framing so many times on the show today,
• 1:02:05
  but like, there is no alternative.
• 1:02:06
  It is Bitcoin or it is going along with the status quo.
• 1:02:10
  It is getting perpetually robbed for forever and now they're
• 1:02:13
  posturing to get us all into digital dystopian gulags and
• 1:02:17
  they're like, this is for your protection citizen.
• 1:02:20
  You do not want to be a criminal.
• 1:02:21
  And we're like guys like how are we the crazy ones here when you
• 1:02:25
  guys are unhinged lunatics over there in DC, like what is going
• 1:02:28
  on here? Why can't we just transact like
• 1:02:31
  we can't talk freely on the Internet?
• 1:02:33
  We can't transact freely. Like the more they push, the
• 1:02:37
  more it shows that the jig is up and Bitcoin is is just going to
• 1:02:41
  continue to chug along. TikTok next block.
• 1:02:43
  This is what it's all about. Freedom.
• 1:02:45
  Amen. This is what it's all about.
• 1:02:47
  It's freedom. It's Bitcoin or slavery.
• 1:02:49
  Freedom or slavery. Anyone do want to give a very
• 1:02:51
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  bitcoiners on the app. Also it has this very cool
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  geographic thing. So if you go to a new city or
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  Newtown, you don't know anyone there, you don't know any
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  bitcoiners there. You could open up the Orange
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  group chat, which you could join by clicking the link in the
• 1:03:40
  video description. Spritz popping in there.
• 1:03:42
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• 1:03:45
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• 1:03:52
  All right everybody, let's get to the culture.
• 1:03:54
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  Yeah, so before I go on further and we talk to Johnny about the
• 1:04:48
  Tuttle twins, I do just want to play some for you guys so you
• 1:04:51
  guys can get a little taste of what it is.
• 1:04:53
  So here we go, here is season one trailer and I do have the
• 1:04:56
  Bitcoin episode Tito 2, so we'll talk about it and maybe I'll
• 1:04:59
  play that as well, at least part of it.
• 1:05:01
  Here we go guys. Check out Tuttle Twins.
• 1:05:05
  Emily, remind me why we're off this death trap again.
• 1:05:13
  Come on together, Ethan. No students.
• 1:05:19
  One of you could be the Gandhi of rodents.
• 1:05:33
  Oh, so the invisible hand really is just a bunch of people
• 1:05:36
  trading with each other to make things that no single person
• 1:05:38
  could make on their own. Ah, well put, well put.
• 1:05:41
  Copyright Adam Smith. OK, grandma, I'm coming for you.
• 1:05:50
  Yeah, try writing from back here.
• 1:05:59
  Love it. Love it.
• 1:06:01
  Absolutely love it. Killing it.
• 1:06:02
  Johnny also shouts out to you. It's part of Angel Studios.
• 1:06:06
  I I didn't know that. That's great.
• 1:06:07
  They're they're doing some great work.
• 1:06:09
  All right. So let's just jump into it, man.
• 1:06:12
  Where did the origin of title twins come from?
• 1:06:14
  And then we'll go into a little more stuff.
• 1:06:16
  And I do have the Bitcoin episode teed up, too, so we can
• 1:06:18
  play a portion of that. But where?
• 1:06:19
  Well, where did this idea spawn from?
• 1:06:22
  Johnny. Yeah.
• 1:06:22
  Yeah, yeah. So we had a good friend, Conor
• 1:06:25
  Boyack, and he actually works in a think tank that's been and
• 1:06:29
  changing laws. For instance, he changed one
• 1:06:32
  here in in Utah. That was a lemonade law that
• 1:06:35
  finally let kids sell lemonade without a food handler's permit.
• 1:06:38
  So he's like, really his his effort was striking down bad
• 1:06:42
  laws across the country and increasing freedom, right.
• 1:06:45
  But he was trying to explain to his kids what he does and he was
• 1:06:48
  looking for books out there, and there was nothing out there that
• 1:06:52
  was teaching kids Austrian economics or principles of
• 1:06:54
  freedom. And so he just started to write
• 1:06:57
  his own books. We became fans of the books.
• 1:06:59
  We were writing viral ads at the time.
• 1:07:03
  If you've seen like the Squatty Potty ad or like the Poo Pourri
• 1:07:06
  ads or like any of those weird, funny Internet commercials,
• 1:07:10
  that's that's what we were doing.
• 1:07:11
  We're like, Connor, we love this.
• 1:07:13
  We want to make a show out of it.
• 1:07:14
  What do you think? And Connor was totally game.
• 1:07:18
  And so we just ran with it. We we went to the crowd and
• 1:07:21
  said, hey, does anybody want to show like this?
• 1:07:23
  That will teach things that Disney Plus won't touch or
• 1:07:26
  Hollywood won't touch or you know, the school system is not
• 1:07:30
  teaching these these these forgotten principles of of sound
• 1:07:33
  policy and and we kind of like struck gold a little bit where
• 1:07:40
  we raised more money through the crowd than any other show had at
• 1:07:44
  that time. So we became the number one
• 1:07:45
  crowded crowdfunded kids show ever.
• 1:07:48
  We surpassed a Netflix actually they had a the record before
• 1:07:52
  that. And so it was it was so cool to
• 1:07:55
  see so many parents being like yes, I want this, I want this,
• 1:07:58
  yes, do this, you know teach this lesson, teach this thing.
• 1:08:01
  And so it's been a bit of a snowball and and I think it hit
• 1:08:04
  we we debuted right before COVID.
• 1:08:06
  And I think as you guys always say the over 10 windows shifting
• 1:08:10
  and so many people were opening up their eyes to homeschooling,
• 1:08:13
  open up their eyes to inflation. Like inflation hit like crazy.
• 1:08:17
  And no one was talking about it before our episode came out.
• 1:08:21
  And it just so happened that right when people were talking
• 1:08:24
  about it we released an episode on the inflation monster and it
• 1:08:28
  went bonkers. It went crazy.
• 1:08:30
  And then this last season we did another season this last year
• 1:08:34
  Season 2. We thought, man, maybe maybe we
• 1:08:37
  should do an episode on Bitcoin. And we weren't sure.
• 1:08:40
  We weren't sure if our crowd would go along with it.
• 1:08:43
  We knew that everyone would be aligned with the government
• 1:08:45
  shouldn't control the money. But is Bitcoin the solution?
• 1:08:48
  So we kind of made the gamble. Let's do it, put it out.
• 1:08:53
  And today it's been our most watched episode, almost 40
• 1:08:56
  million views just on that episode.
• 1:08:57
  So it's kind of you know while just to see people are looking
• 1:09:02
  for answers outside of Hollywood outside of the school system and
• 1:09:06
  they're wanting to teach their kids these principles and and
• 1:09:10
  you know we're we're like I I think Disney and and some some
• 1:09:15
  shows in Hollywood they they sneak things in there and and
• 1:09:18
  then they put their agendas in there just just just they sneak
• 1:09:21
  it in and we're the opposite. It in it's it's become apparent
• 1:09:24
  now they it's they don't even sit there.
• 1:09:26
  They used to sneak it in, bro. Now it's like a right up in your
• 1:09:29
  face, dude. So, but it's the equivalent of
• 1:09:32
  Man of like, you know you never give your kid something without
• 1:09:36
  an ingredients label. Warden contains nuts, right?
• 1:09:39
  And Disney does that with their content, right?
• 1:09:41
  But we're we're the opposite. We're like, this is exactly
• 1:09:44
  what's in our show. If you want your kid to have
• 1:09:46
  this, like, great. If they're allergic to freedom,
• 1:09:49
  then then don't. You know, don't give it to your
• 1:09:51
  kids. We don't wanna we don't wanna
• 1:09:52
  parent your kids that that's kind of our.
• 1:09:54
  Mantra No. But that's that's honestly like
• 1:09:56
  one of the worst things like about like like Disney or like a
• 1:09:59
  lot of these things. It's like like like warning
• 1:10:02
  contains communism. But they never say that.
• 1:10:04
  Right. They never say that.
• 1:10:06
  It's it's like, it's like, no, this is for this is, this is all
• 1:10:09
  this is for everybody. This is inclusive, this is
• 1:10:13
  great, this is full of love. That's why it's kind of like so
• 1:10:17
  insidious. And then you kind of see it like
• 1:10:20
  not their old stuff, their old stuff.
• 1:10:23
  Like their old stuff was really, really based.
• 1:10:25
  But with the last really decade, decade or decade or so, like,
• 1:10:31
  dude, it's it's not. They used to hide it.
• 1:10:34
  You're right. Like they it used to be like and
• 1:10:37
  you and you catch it as an adult, you're like, I see what
• 1:10:40
  you did there, but now it's like, Bah, you know, like in
• 1:10:44
  your face, like, you know in your grill, they don't care.
• 1:10:49
  Maybe you guys should take that approach.
• 1:10:54
  Oh man. I do want to ask one question
• 1:10:57
  before I, I I do have the the Bitcoin episode teed up here.
• 1:11:00
  So we'll we'll play a portion of that Johnny.
• 1:11:02
  But I do have one question. I'm, I'm very interested.
• 1:11:04
  So you were an animator before you did the like Bitcoin episode
• 1:11:10
  and then you just use your skills to open up a whole new
• 1:11:13
  audience to Bitcoin. And and also I asked you this
• 1:11:16
  question before the show and you kind of touched on it.
• 1:11:19
  The Tuttle Twins audience are not just all bitcoiners.
• 1:11:22
  That's right. Yeah, yeah, yeah.
• 1:11:24
  Our audience, they are conservatives.
• 1:11:27
  They're libertarian. I would say there's people
• 1:11:30
  across the aisle like it's not a pro party show, it's a pro
• 1:11:34
  principal show. And so there a lot of people who
• 1:11:37
  just want to teach their kids critical thinking skills and to
• 1:11:40
  just question things and don't just go along with the
• 1:11:42
  narrative. Like, we've gotten to the point
• 1:11:44
  where parents will complain, my kid is civil, civilly
• 1:11:47
  disobeying. And he blames it on the show.
• 1:11:50
  And they're like, yeah, well, we teach you at the show.
• 1:11:52
  You know, be prepared. If you break a law, be prepared
• 1:11:54
  to accept the consequence too. So, you know your kid is
• 1:11:57
  learning. So but, so but, you know we're
• 1:12:01
  doing a, we're doing in a couple weeks, we're coming out with
• 1:12:04
  season three and we're doing an episode all about critical
• 1:12:06
  thinking where we're teaching about Operation Northwoods, how,
• 1:12:09
  you know, we almost bombed our own citizens.
• 1:12:12
  And it's just like don't believe every conspiracy theory but
• 1:12:15
  question incentives and question who's behind these things.
• 1:12:18
  And I think if we could do that to this next generation of kids,
• 1:12:21
  they're going to be so much better off than we were.
• 1:12:23
  And yeah, I guess your your question is like, yeah.
• 1:12:26
  So it's not just bitcoiners. They're people who who are
• 1:12:31
  seeking truth and and have these, you know, the bedrock of
• 1:12:34
  constitutional principles that they're following and want to
• 1:12:37
  teach their kids. And so that's that's that's sort
• 1:12:40
  of why it was a gamble when we came out with the Bitcoin
• 1:12:42
  episode, just 'cause we weren't sure how many of them would go
• 1:12:45
  along for the ride. But it was amazing just to see
• 1:12:48
  the results like we had a a a mom like message us and be like
• 1:12:53
  now my kid is asking to be paid in Bitcoin for their chores like
• 1:12:58
  I don't have. Bitcoin.
• 1:13:00
  You know, we we had this other guy who's like I've been trying
• 1:13:03
  to explain to my wife what Bitcoin is for years and you
• 1:13:06
  guys did it in 20 minutes. So I guess the the, you know,
• 1:13:10
  the opposite side is when you can break stuff down complicated
• 1:13:14
  issues down to the level of a kid.
• 1:13:17
  You know, so many adults are getting it finally and so many,
• 1:13:21
  you know, people are are just waking up all along.
• 1:13:24
  You know, the age spectrum, which is really, really cool.
• 1:13:28
  Yeah, it's really the the man, the Friedman framework where
• 1:13:33
  it's like explain to a kid a high level topic and then where
• 1:13:39
  you have problems explaining, refine it and do it all over
• 1:13:43
  again. And that's how you get better at
• 1:13:45
  explaining this stuff to people. And all right, on that note,
• 1:13:48
  let's play a little bit of this Bitcoin episode.
• 1:13:50
  You sent me a link and then we'll chat a little bit on the
• 1:13:53
  back end. So here we go.
• 1:13:56
  When money is easy to make, society begins to break.
• 1:14:00
  So how do we make money that's easy to carry but hard to
• 1:14:03
  create? Well, one solution is Bitcoin.
• 1:14:07
  Back in 2008 I became fed up with government money, with the
• 1:14:10
  corruption, the manipulation. So I created a digital currency,
• 1:14:14
  digital money, that can be sent directly from one person to
• 1:14:17
  another without any bank or government involved.
• 1:14:19
  And the best part? It's hard money.
• 1:14:21
  It's the. Hardest money ever invented.
• 1:14:24
  Bitcoin is very hard to make more of.
• 1:14:26
  Each new coin gets added to the supply only after a computer
• 1:14:29
  works very hard to solve a math problem where there's no
• 1:14:32
  shortcut and solving it costs a lot of energy and time.
• 1:14:36
  OK, but if it's on a computer, can't I just copy and paste?
• 1:14:42
  Not with Bitcoin. You see, there's a public record
• 1:14:45
  of every Bitcoin ever created. It's called the blockchain.
• 1:14:50
  It's like a puzzle, and each Bitcoin has its own unique
• 1:14:53
  shape. And because everyone has a copy
• 1:14:55
  of the public record, if someone tries to fake a Bitcoin, it
• 1:15:01
  won't fit the puzzle and will be rejected by the network before
• 1:15:04
  anyone can use it. That's why Bitcoin is so safe
• 1:15:08
  from criminals and the government.
• 1:15:11
  You said criminals twice. And unlike dollars, which can be
• 1:15:14
  printed endlessly, there will only ever be 21 million Bitcoin.
• 1:15:18
  It's almost impossible to inflate.
• 1:15:20
  The only way to get it is to earn it or buy it from someone
• 1:15:24
  who has. No offence, but if you control
• 1:15:27
  Bitcoin, couldn't you manipulate it just like the government?
• 1:15:30
  I don't control it. No one person does.
• 1:15:32
  It's controlled by a public network of Bitcoin users that
• 1:15:35
  anyone can join. So if someone wanted to change
• 1:15:38
  something in Bitcoin's code, they would need to get the
• 1:15:40
  majority of the millions of Bitcoin users to agree to it
• 1:15:43
  all. The change doesn't happen.
• 1:15:45
  And when has the majority of us agreed on anything?
• 1:15:48
  One by toilet paper is garbage. Touché.
• 1:15:51
  Wow, I didn't know made-up money could make so much sense.
• 1:15:54
  Today, millions of people sent Bitcoin instantly and cheaply to
• 1:15:58
  each other around the world, without any bank or government
• 1:16:01
  involved. And because Bitcoin is hard
• 1:16:02
  money, you can't just print more of the more people who use it,
• 1:16:06
  the more valuable it becomes. Emily If we take Lyle's Bitcoin,
• 1:16:10
  we could be rich. I could pay for college
• 1:16:12
  entirely. You could outsource your.
• 1:16:14
  Movie and pay to have your name in the credits.
• 1:16:16
  Slow down. I'm not saying that Bitcoin will
• 1:16:18
  make you rich quick, or even at all.
• 1:16:20
  Right now only about 1% of the world owns Bitcoin, and because
• 1:16:24
  it's still being adopted, some days it goes up and even down.
• 1:16:28
  Also, investments not potentially lucrative can be
• 1:16:30
  risky only. Invest what you're willing to
• 1:16:32
  lose. We know.
• 1:16:35
  Wow, I think I get it. Good money should be easy to
• 1:16:38
  use, but hard to create. And because Bitcoin is digital,
• 1:16:41
  it's fast and cheap to use, and the blockchain makes it hard to
• 1:16:44
  inflate. Thanks Mr. Satoshi.
• 1:16:47
  What? Mr. Satoshi.
• 1:16:50
  He's gone. Or was he ever even here?
• 1:16:56
  Someone in the chat said, base the boiler for the wind.
• 1:16:59
  Let's go. I just got to say that is some
• 1:17:03
  extremist content. We, yeah, we had somebody start
• 1:17:10
  watching the show in episode one.
• 1:17:12
  They're like, did grandma literally just say HO as are
• 1:17:15
  full of communists. What is this trouble?
• 1:17:19
  So yeah, we don't. We don't.
• 1:17:21
  Grandma speaks her mind. Amazing, amazing.
• 1:17:25
  So I do want to kind of circle back a little bit.
• 1:17:28
  You said that that was your most or your best receive episode
• 1:17:32
  yet. So 40 million views on the
• 1:17:35
  Bitcoin episode. This is how you psyop the
• 1:17:38
  culture and you win the culture war is by doing stuff like this.
• 1:17:42
  Good job, Johnny. Well, and I I'd, I'd like to
• 1:17:45
  thank the Federal Reserve 'cause I think they're the biggest
• 1:17:47
  marketing department, like our inflation episode is like 37
• 1:17:52
  million views, Bitcoin 40. So you know they just they just
• 1:17:55
  are doing their part to further the the cause so.
• 1:17:58
  Dude, it's it's so great. And you know, I can't emphasize
• 1:18:01
  this enough. Like teaching the younger
• 1:18:03
  generations about this and the way that you guys do it is so
• 1:18:09
  it's so me and Opti ramble, right?
• 1:18:11
  You guys are just so precise and articulate in the way that you
• 1:18:16
  guys say the wording, say the messaging and come across.
• 1:18:21
  And again, it's easy to understand.
• 1:18:22
  It's for kids. There's cartoons.
• 1:18:25
  There's action happening on the screen.
• 1:18:27
  And that's so incredibly important, like from a cultural
• 1:18:29
  perspective too. Like, I always talk about the
• 1:18:32
  culture war, and it's not the culture war that everyone's
• 1:18:34
  thinking. It's like the culture war for
• 1:18:36
  for money, right, The the orange verse green, you know, like the
• 1:18:41
  Bitcoin trading cards, like anyone.
• 1:18:43
  Like Tip NZ's raps. You know, this is part of the
• 1:18:47
  culture. This is, this is what it's all
• 1:18:48
  about. You know, this is we, we people
• 1:18:51
  have to understand, you have to build an entire foundation
• 1:18:56
  around this. It's not as simple as like, oh,
• 1:18:58
  Bitcoin's better money. Like there's an entire machine
• 1:19:03
  behind the previous system. We have to build that machine,
• 1:19:07
  you know, and it's not gonna just take one individual's
• 1:19:09
  efforts or one entrepreneur's efforts.
• 1:19:11
  It's gonna take all of us. And I'm not gonna say as a
• 1:19:14
  collective, all of us working as individuals, you know, following
• 1:19:19
  our own incentives in the pursuit of profit, in the
• 1:19:23
  pursuit of bettering ourselves, in the pursuit of, you know, of
• 1:19:27
  of trying to improve lives, the lives of our families and lives
• 1:19:30
  of ourselves. The beauty, beautiful thing
• 1:19:32
  about bitcoins incentives is it's aligned right.
• 1:19:36
  And then if enough of us do it, if enough of us take self
• 1:19:39
  custody, we're going to win this thing.
• 1:19:41
  Right. So you guys play such an
• 1:19:43
  important role in that on educating the younger generation
• 1:19:47
  on, you know, on the alternative, right.
• 1:19:50
  On the alternative. And I love how you guys flip
• 1:19:53
  flick the switch, right, 'cause government calls us psychopaths,
• 1:19:56
  causes all sophisticated, you know, super coders and criminals
• 1:20:01
  and right from the get go you're like government criminals.
• 1:20:05
  Oh yeah, that's great. You know, so I I think it's
• 1:20:09
  really important in this narrative trench warfare that
• 1:20:11
  we're fighting the battlegrounds of the Internet, that type of
• 1:20:14
  content. So Johnny, where where can
• 1:20:17
  people find that? Like where, where can they where
• 1:20:19
  see this see this stuff. So it's a crowdfunded show and
• 1:20:23
  it's it's free, so you can go to angel.com/tuttle Twins and yeah,
• 1:20:29
  you can watch seasons one and two for free.
• 1:20:32
  We're going to be coming out with Season 3 here in a couple
• 1:20:34
  weeks, and we actually have another episode dedicated to
• 1:20:38
  Bitcoin, and it'll be like the first episode that gets a sequel
• 1:20:41
  because of how this one did. And we're going to break down
• 1:20:44
  CBD CS versus Bitcoin, so it'll be the first kid show to to
• 1:20:48
  break down CBD CS. So we're excited.
• 1:20:50
  We also have, we also have a character who is talking about
• 1:20:56
  how her uncle Jamie thinks bitcoins a pet rock.
• 1:21:00
  And and we'll we'll basically just be quoting Jamie Dimon the
• 1:21:03
  whole episode. And then yeah, we'll we'll have
• 1:21:06
  a little trolling with Jamie Dimon in the episode.
• 1:21:10
  So it'll be fun. If you guys are talking about
• 1:21:11
  CBD CS, like you guys are definitely an all extremist
• 1:21:15
  show, that's. Right.
• 1:21:18
  Come with the warning label. Like like God damn bro.
• 1:21:21
  But anyways guys. Amigo, before before we wrap
• 1:21:24
  this up, there is one more question in the chat and I I
• 1:21:27
  might frame this a little differently, but Mikkel wants to
• 1:21:30
  know, Johnny, what cartoons do you personally recommend to not
• 1:21:33
  watch with your kids and adds it up with maybe.
• 1:21:36
  What cartoon besides the Tuttle twins do you recommend men to
• 1:21:39
  watch with your kids? Man I I'll speak to that first
• 1:21:41
  one first. I the second one first.
• 1:21:43
  I I love Bluey. I think Bluey's been phenomenal
• 1:21:46
  and it's also one where you can watch adults and kids together.
• 1:21:49
  And I mean we are huge fans of early Pixar ourselves because
• 1:21:55
  it, you know adults can watch it kids can watch it and everyone's
• 1:21:57
  laughing and and and and catching things.
• 1:22:00
  I don't know. I mean to each their own.
• 1:22:03
  Everyone has their own tolerance of of propaganda for other
• 1:22:06
  shows. There's a lot of new stuff on
• 1:22:12
  Disney, plus the cartoons that that I won't show my kids but I
• 1:22:15
  don't want to bash. I just want to, you know, show,
• 1:22:19
  you know, give people an option. If if you don't like what's out
• 1:22:22
  there, here's here's another show to try.
• 1:22:27
  Love it. One more question though,
• 1:22:29
  They're they're they wanna find the link in the show notes, so
• 1:22:32
  I'll get that afterwards. But what episode is the Bitcoin
• 1:22:34
  episode for everyone that's watching in the audience?
• 1:22:36
  Yeah, Episode 3 of Season 2. So it's called Bitcoin and the
• 1:22:40
  Beast, yeah? Oh my God.
• 1:22:43
  Love it. Extremist.
• 1:22:44
  Love it. OK, last question for you,
• 1:22:47
  Johnny. And we do this every time we
• 1:22:49
  have a guest. What's the last message you want
• 1:22:51
  to leave with the audience? Yeah, children are the future
• 1:22:57
  and you can change things with enough education and we can
• 1:23:03
  really make a difference bottom up.
• 1:23:05
  And that's what we strive to do with Tuttle Twins is mass teach.
• 1:23:11
  Teach the masses, teach them about Bitcoin, breakdown the
• 1:23:14
  Fiat system and and show them that, you know, freedom isn't
• 1:23:19
  free. Freedom is something we have to
• 1:23:20
  fight for and and take back. Love it.
• 1:23:26
  Beautiful, beautiful. Anyways guys, that was simply
• 1:23:29
  Bitcoin April 29th, 2024. I'm your host, Nico, my
• 1:23:34
  legendary Co host Opti. Who's on that side, that side.
• 1:23:37
  There we go, that side and our special guest, Johnny Vance from
• 1:23:42
  the Tuttle Twins. Go check out Tuttle twins.
• 1:23:45
  The new season is going to be dropping very, very soon.
• 1:23:48
  Follow him at follow them on Twitter at Tuttle Twins TV and
• 1:23:53
  is dropping content for the next generation.
• 1:23:56
  Johnny, thank you so much for joining us on the show today.
• 1:23:59
  Thanks for having me, Nika. See you, Opti.
• 1:24:01
  Appreciate it, Johnny is misspelled Opti.
• 1:24:04
  It's Johnny with an H Anyways, guys, if you enjoyed the show,
• 1:24:07
  you know what to do. Smash the like button.
• 1:24:09
  Consider subscribing. If you like our content, you
• 1:24:11
  feel like we provided you value. But the number one thing you
• 1:24:14
  could do is share Bitcoin content.
• 1:24:17
  Share extremist content like the Total twins.
• 1:24:21
  Share content that advocates for freedom and personal
• 1:24:25
  responsibility and individualism.
• 1:24:27
  That's all very, very nice things.
• 1:24:29
  Anyways, love you all. We'll see you tomorrow for brand
• 1:24:32
  new episode of Simply Bitcoin Live.
• 1:24:37
  Episode was brought to you by bitcoinwell.com on a mission to
• 1:24:40
  enable independence.