Latest / Simply Bitcoin / Fidelity & Bank of America Buy Saylor's Stock (Bitcoin) | EP 713
Transcript
- 0:12Yo, welcome to Simply Bitcoin live.
- 0:14We're gonna one source for the peaceful Bitcoin Revolution.
- 0:16Clear, breaking news called traumatic Warfare will be your
- 0:18guide through the separation of money and state.
- 0:23Anyways guys, welcome to Simply happy Friday everyone.
- 0:27I hope I hope everyone is enjoying it.
- 0:29Almost the weekend. We're almost almost there but
- 0:32anyways today we're going to talk about interesting
- 0:36interesting. What is that famous saying?
- 0:37Don't pay attention to what they say.
- 0:39Pay attention to what they do. I definitely only think it
- 0:42applies in this particular situation Fidelity and Bank of
- 0:47America are loading up on microstrategy stock.
- 0:53I mean, you could say and I know a lot of bitcoiners will say and
- 0:56I agree with them. It's not as good as buying
- 0:58Bitcoin, but it sure you wouldn't be Mike, you wouldn't
- 1:01be buying microstrategy stock if you didn't want exposure to
- 1:06bitcoin, right? So we're going to go through all
- 1:08of that. Why I believe that, that they're
- 1:13definitely over the target. They're definitely hitting Point
- 1:16points of, I don't know how to phrase this.
- 1:21Soft points for the state that I don't think.
- 1:25I don't think people that are, that are fans of the party of
- 1:28green. The party of Fiat, are fans of
- 1:31this. So we have all of that.
- 1:33We have all the receipts, all the sources for you guys, as
- 1:36always. And shout out to the Chad
- 1:38sailor. Holy cow.
- 1:40I think this is just the beginning.
- 1:41We always say, we've been saying this for a couple of months.
- 1:44Now, right? That next cycle, Michael sailor
- 1:49will be Vindicated. Saying that you can hold a
- 1:53Bitcoin as a viable alternative to holding Fiat on your balance
- 1:57sheet and you could also hold. And then on the nation state
- 2:01level, of course, named bouquet is going to prove that Bitcoin.
- 2:04A non-state currency is also a viable alternative.
- 2:08So, I'm extremely bullish for the next five years.
- 2:11Hold onto your pants, because it's going to get crazy.
- 2:14Anyways, I want to bring up my legendary codes.
- 2:16Always optimistic wakes up. You got to stop sending me.
- 2:21Selfies in the morning. Tell someone I send you the why
- 2:24I get it, bro. I get that.
- 2:26You're happy and you're optimistic.
- 2:27I understand. This is why your Opti anyways,
- 2:30brother, how you doing? I'm doing great, man.
- 2:32It's Friday. We made it another week.
- 2:34I used to count down how many weeks of the year.
- 2:36We made it through but I lost count because maths hard and I
- 2:39can't count over 5. So here we are.
- 2:44But man to the point you were making before, before I started
- 2:49trolling, we've actually before you started trolling me.
- 2:51I think it's the the meme of microstrategy being the de facto
- 2:56Bitcoin ETS. It is, it is never been
- 2:58stronger. It's totally is though.
- 3:00It totally is. And then also, I mean, if you
- 3:04eat connect the microstrategy news with what we saw yesterday
- 3:08and the Apple news, I think it's only a matter of time until the
- 3:11biggest corporations on the world, have Bitcoin on their
- 3:14balance sheet and you know, the, the, the pure is bitcoiners
- 3:18like, that's bad. But hey, Bitcoin is Is for
- 3:21everyone. So, it's only a matter of time
- 3:23until they do get to that point. And that, once we're at that
- 3:27point, it's really Off to the Races, boys and girls.
- 3:30And we are in a whole new paradigm which is a territory,
- 3:34Uncharted Territory territory. You might actually the monetary
- 3:38demons, the unproductive class. Oh man.
- 3:40Oh man. Oh man, pop these ex-girlfriend
- 3:43hey, are you in Bitcoin for Revenge?
- 3:47Did you get into Bitcoin? Yes.
- 3:48Yes. But not against Chrissy, it's
- 3:50about The unproductive class stealing our future.
- 3:53This is why we're here. This is why, we're Bitcoin is a
- 3:55low-key revolutionaries, we're trying to change the world for
- 3:58the better. All right.
- 3:58You guys heard it here first, Auntie is in Bitcoin to get
- 4:02revenge on Chrissy. No cap.
- 4:09Okay. Island culture guys, there's an
- 4:11article that dropped from the st.
- 4:13Louis fed and it it's literally Austrian economics for high
- 4:20school and college students but obviously it's missing one key
- 4:24component which is what we will talk about and it is obviously
- 4:28saving in Bitcoin, but, but I'll get to that in the culture.
- 4:31Anyways, let's get into this one Neko.
- 4:33No, trolling the people out there.
- 4:35All right, everybody. Let's get to the show.
- 4:36We have a lot to talk about. Let's check it out.
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- 6:03at the time of recording. The Bitcoin price is 27,900 25
- 6:07cents per dollar 3581 One block height, seven hundred eighty
- 6:11four thousand three hundred sixty-eight reachable Bitcoin
- 6:13nodes seventeen thousand ninety six blocks to having 50 5632,
- 6:19having estimates April, 20 at 20 24, total, lightning network
- 6:23capacity, 5410, Bitcoin capacity value, 151 million u.s. dollars
- 6:30the realized monetary inflation. My favorite stat every single
- 6:33day because it takes Fiat currencies to Absolute School
- 6:361.76 percent and the Capitalization of Bitcoin 539
- 6:42billion dollars with a be anything.
- 6:45Anyways, something pretty crazy happened.
- 6:49I think it was like seven days ago, Elon Musk took Twitter and
- 6:54he made it open source for the world to see.
- 6:56And then there's, you know, there's so many little hacks,
- 6:59right? That, that, that people were
- 7:01finding out about whether it's, you know, how how much your
- 7:05Tweet gets pushed if it gets a certain amount of likes?
- 7:08If it gets a certain An amount of retweets.
- 7:10It's very, very interesting. The re the way that the, the way
- 7:13that he made it open source, but was really interesting is in the
- 7:16announcement of making it open source, he mentioned Bitcoin, we
- 7:19have the recording for you guys to check it out.
- 7:23Well, you can literally see the code for yourself, and you'll
- 7:27see what other people who read the code, what their, what their
- 7:32thoughts are. So this is, you know, a Bitcoin
- 7:36is open sourced as well, which I think is it good and contribute
- 7:39to the robustness of, you know, of Bitcoin mining and making
- 7:44sure the onto exploits in the Bitcoin system.
- 7:47So I guess another good example of open sourcing making
- 7:51something robust is Bitcoin. Thank you.
- 7:57Thank you. Interesting, very, very
- 8:02interesting. Now, the reason that I find it
- 8:04interesting is, let's talk about open source right.
- 8:08Transparency, transparency and transparency is not a good thing
- 8:15especially if you want to control people.
- 8:17If the people knew what was happening behind the hood it
- 8:20wouldn't be a good thing. Remember what Elizabeth Warren
- 8:23said about Bitcoin shadowy super coders and I said that that is a
- 8:28projection onto US. Us what it is?
- 8:31They are selves, right? I don't know about you guys but
- 8:35do you know the inner workings of the FED?
- 8:38Could you download a copy of the FED Ledger on to, you know, your
- 8:41personal Computing device or knows people call it a node,
- 8:44right. Could you do that?
- 8:46I don't think so. So, what is going on there
- 8:50anyway? So you know, Ilan saying the
- 8:52quiet part out loud. Now let's talk about what you
- 8:56know the state feels about open source.
- 9:01Obviously, they're not a fan of it.
- 9:02This is something that we covered and we made quite a
- 9:05Ruckus of. Wow, I can't believe it's been
- 9:07this long. Well, if you guys don't remember
- 9:10the treasury, sanctioned open source, software.
- 9:13Setting a precedent, that's never happened in American
- 9:15history, they were basically sanctioning open source code,
- 9:21right? And then kind of tie this in
- 9:23with the so-called Tick-Tock band which people would, you
- 9:27know, with the actual name of the bill is called the restrict
- 9:30Act, right? And basically it would give the
- 9:33government this an unelected official, this crazy power to
- 9:39basically get to decide what software is, okay?
- 9:43What it, what software is, or is not a threat to National
- 9:47Security, right? So open source.
- 9:50So it's crazy to me that in that a software is open source for
- 9:56the world to see could be labeled A threat to National
- 10:00Security. Like how does that work?
- 10:02How does that even make sense? So, yeah, I mean this is a
- 10:06separation of money and state. Obviously, the powers that be
- 10:10don't want this to happen. I was saying this earlier and a
- 10:13spaces with bit with our friends over at Bitcoin magazine.
- 10:16We're living through the great disintermediation, right?
- 10:20The disintermediation of information of information which
- 10:24the internet started. It's what allows us to dock to
- 10:27talk directly to you guys without going through.
- 10:29Gatekeeper without going through an intermediary and then also
- 10:33the disintermediation of money, right?
- 10:35And this is these two things are very, very bad news for the
- 10:39nation state that has been operating in a in a certain way
- 10:43for the last 100 years Jack, the sobic tweeted this and it really
- 10:47resonated with me a couple months ago, and he said if
- 10:50social media was a thing in 2003, we would have not been
- 10:54able to go to war with Iraq. So I think, you know, Ilan
- 10:58basically giving a hat Hat tip to Twitter.
- 11:00I sorry I hat tip to bitcoin basically highlighting the
- 11:03importance and the the strengths of Open Source and then also the
- 11:08fight, right? And remember why he made its
- 11:10Witter open-source? He said it was for transparency
- 11:13and then all the things that was revealed in the in the in the
- 11:17Twitter files right about how the US government was tapping
- 11:20Twitter in order to certain to censor certain political
- 11:24figures, right? So dude, it's just crazy, it's
- 11:27crazy. I think open source.
- 11:29I think transparency is the way that's how Bitcoin works.
- 11:32I don't think that there should be this dark room where, you
- 11:36know, this bureaucratic Elite are making decisions without the
- 11:38public being aware of it. And that completely goes a goes
- 11:43against, you know, some of America's founding principles as
- 11:46well. Anyways, it's, I find that
- 11:49really interesting that Twitter room.
- 11:50Also had literally tens of thousands of people in there
- 11:54listening to that. So it's crazy that Elon would
- 11:57say something like that. And also as much As you know,
- 12:00people were giving Ilan shit. And I am one of them included
- 12:03for making the fucking Twitter logo, the Doge.
- 12:07And then not to mention, I think I think he front-run people to I
- 12:09think there are some insider trading there as well you know
- 12:12Elon does own Bitcoin right? He does have some Bitcoin
- 12:15himself so just interesting the world that were going into.
- 12:20I was saying this earlier on bitcoin magazine, Twitter
- 12:23spaces, we are transitioning into the information age.
- 12:28This was What the book, The sovereign individual was talking
- 12:32about that information Technologies would empower, the
- 12:35individual, the likes of which has never been seen before.
- 12:38And it would give the individual to basically choose what
- 12:41information they want to consume.
- 12:43And where we're at, now, what money that individual would want
- 12:48to use? And unfortunately, for the
- 12:50nation-state, you know, the old model, they get a tremendous
- 12:53amount of power from being able to control information and also
- 12:57being able to control money as well.
- 12:59All right. So very, very interesting Opti.
- 13:02What's your take on this? I know you're not an Elon fan.
- 13:05Hey, I mean, hold on, hold on, I'll get to that.
- 13:09I'll get stuff to your last Point.
- 13:11We've seen the abuse by big tech and as bitcoiners we, obviously
- 13:15understand the importance of Open Source technology or as I
- 13:18like to call them the freedom to Liz to protect ourselves from
- 13:20this type of tyrannical overstep.
- 13:23But yeah. I mean, hey, look, I am I'm just
- 13:26a bit corner here and obviously it is very Just sing to heal on
- 13:30talk about the importance of Open Source and Bitcoin.
- 13:33And again, obviously this is very true, but his actions do
- 13:38not necessarily correlate with his words considering that he
- 13:42seemingly pumped and dumped Doge this week and added, the Dutch
- 13:45Lego to instead of the Twitter bird logo.
- 13:48So you know, again I've said it in the past it's hard for me as
- 13:53just an average Bitcoin ER with average means to point fingers
- 13:58at Elon when It is very obvious, he's playing on a totally
- 14:01different level, you know, he's a billionaire.
- 14:03He's the richest man in the world.
- 14:04So I tried to hold my tongue in regards to elon's actions
- 14:09because I don't I'm not privy to what he's thinking and what his
- 14:124D chess moves are 5D chess moves are, but just as the
- 14:16Bitcoin, ER, and understanding that doge is not Bitcoin and
- 14:22Doge could never be Bitcoin and pushing people towards Doge and
- 14:26in very many ways seems like an enemy.
- 14:29Against Humanity. So look, I'm not saying that,
- 14:32that is the case, but I just want to point out that his
- 14:35actions do not necessarily correlate with his words,
- 14:38because if he really wanted, you know, Freedom, if he really
- 14:42wanted a internet native currency or money like Bitcoin,
- 14:47then he wouldn't be pumping and dumping Dogecoin, and I think
- 14:50kind of on the one hand, he just likes to troll and he's having
- 14:53fun and, you know, like I'm a native ship posters.
- 14:57Well, I get it, but Pushing shit coins is not the way Elon.
- 15:02So you know, I think it is good lip service and highlighting the
- 15:08ideas that open source technology is the way forward is
- 15:12obviously very important and and I, you know, I like the fact
- 15:16that he open source at least some of the code for Twitter as
- 15:19someone that uses Twitter for for our business.
- 15:22It is a lot of insights there if that we can use moving forward
- 15:26but, you know, to to the last Point, like software is just
- 15:29Loud and coded speech. So these bureaucrats continuing
- 15:32to trample on our liberties, is not something that I like to
- 15:35see. And obviously this Tick Tock,
- 15:37man, is absolutely disgusting and anti-American as far as I'm
- 15:43concerned. But as the saying goes
- 15:44cypherpunks write code. So shouts out to all the
- 15:47developers, the revolutionaries and the spokes people that are
- 15:50building in spreading the freedom tools that we can use.
- 15:53And that you guys out there can use to protect ourselves from,
- 15:55and they have, and also advocating for open source
- 15:58software. Yeah, exactly.
- 15:59Yeah. Yeah that's what I said.
- 16:00The spokespeople as well, you know, like pushing pushing the
- 16:03wallets the tools, whether it's Noster, whether it's Bitcoin
- 16:06wallets that I named every single day.
- 16:09It's just as important as building these tools.
- 16:11So people know that that these options are available because
- 16:14I'm fundamentally convinced that the problem going on right now
- 16:19in the world is just people don't think that there's an
- 16:20alternative, people don't know that there's options out there
- 16:23that you have options. Now, instead of just going with
- 16:25the status quo and this is why we do the show.
- 16:27This is why I continuously tell Guys, in the culture segment or
- 16:31on Spaces to not, be the obnoxious big corners, but hey,
- 16:35you know, tell people like leg, download the wallets, guys, you
- 16:39know, take your Bitcoin into self custody if you don't like
- 16:42what these platforms are doing, move to the value for Value
- 16:45economy, you know, move on Noster like we have options.
- 16:49Now whether these are going to be the options that went out in
- 16:52the end, it's still yet to be seen, But the options are there
- 16:55and people are building them and it's just really about the
- 16:58network effects. And Getting people to use them.
- 17:00And this is all we really have to do as we bide our time and
- 17:04watch Bitcoin literally take over the world.
- 17:07So hey, you know, on on the point, shouts out to Ilan in
- 17:11that space. Actually talking about open
- 17:13source Technologies but also, you know, I like to see the
- 17:17actions back up, the words and stop putting Doge on Twitter the
- 17:21humors. In, if you put the Bitcoin logo
- 17:23on Twitter, holy cow, holy cow. Come on, Ilan.
- 17:27Eddie Eddie actually pump the price though.
- 17:29Not to be the number you'll have a crowd but like I don't know.
- 17:33It'd be interesting it. It'd be interesting to see
- 17:35obviously, he wouldn't be able to pump and dump like Dogecoin
- 17:38but hey, I think it would because it would infer that
- 17:41like, like Tesla or like, or like it Twitter like they were
- 17:46considering buying Bitcoin and then it, you know, even though
- 17:49it Coley might not be true, people could have people could
- 17:52perceive it like that. You could say, well, I think
- 17:55it'd be. I think it'd be interesting
- 17:57whether it's like a bull bull. Market time, or bear Market
- 18:00time. Because obviously, as bit
- 18:02Corners, we've understood that in like, the bear Market.
- 18:04No amount of good. Positive news, affects the
- 18:07price, but in a bull market, literally like the smallest
- 18:10amount of coverage, like, people freak out and the price starts
- 18:14going, you know, parabolic. So, it'd be interesting to see
- 18:18if moving forward. We are going to see kind of a
- 18:21similar similar phenomenon play out, but or it's kind of back to
- 18:25the idea of like I think the Titanic and takes a little
- 18:28harder for us to to turn that ship around right now and it's
- 18:31going to be interesting, moving forward, considering how many
- 18:34people are seemingly going to jump into Bitcoin whether one
- 18:37person has an effect on the price anymore. 100%.
- 18:41All right everybody, let's get to the news.
- 18:43We got a lot to talk about today.
- 18:44Let's check it out. The Daily News, The Daily News
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- 19:24self custody of your Bitcoin. Alright everybody.
- 19:27So I want to talk I want to talk about this.
- 19:29This was CNN, this is CNN's microstrategy play like page, I
- 19:35guess and it tells you, you know, anyways, what is
- 19:38interesting about all of this is top 10 owners of microstrategy
- 19:44ank, and Go through it, right? You have Capital research and
- 19:47management. You have Vanguard, you have
- 19:49black frock Bank of America Securities increase their
- 19:54Holdings. By forty seven thousand seven
- 19:56hundred and eighty-six percent. They bought two hundred and
- 20:00twenty-six thousand, two hundred and twenty two hundred twenty
- 20:04six thousand shares and Fidelity.
- 20:07Bought ninety six thousand, eight hundred shares, an
- 20:11increase of 20 1980, 82%. So I mean it is very, very safe
- 20:19to say you. This is not an exaggeration
- 20:23whatsoever. That Bank of America is bullish
- 20:28on bitcoin. You can't say that and there was
- 20:31something also that the Chad Sailors said at the Pacific
- 20:35Bitcoin conference I actually actually made The Surety for I
- 20:40made The Surety. Let's check it out.
- 20:42That's on the swan Channel. Let me pull it up.
- 20:45And we could, we could take a look at it.
- 20:47It's absolutely look. It has so much signals that
- 20:50signal in it and it tells you exactly.
- 20:54Look it tells you it's not only me saying this is his Michaels
- 20:56microcellular saying it anyways, let's play it.
- 20:58Let's check it out when I decided to buy Bitcoin, told my
- 21:02broker at Maryland, I want to buy Bitcoin.
- 21:04Can you sell it to me? He said, I can't even talk about
- 21:06it. I get fired.
- 21:07I said, okay, the sure he said we don't cover.
- 21:10I can't talk about it, we're afraid of it.
- 21:12And said, okay well I want to wire 175 Million dollars
- 21:16somewhere else. So I wire the money and I bought
- 21:19the Bitcoin two years go by and just last week my secretary
- 21:24called me she says Hey Merrill Lynch sent a bunch of documents
- 21:28over and they want you to sign them.
- 21:29I said well I didn't ask her things she said well you have to
- 21:33sign these documents so that you can buy Bitcoin with Bank of
- 21:36America and they want you to sign them now.
- 21:38So now you know they wouldn't sell it to me and now they're
- 21:41jamming it down my throat. Like so that that's like a lie.
- 21:45Leak for you guys. Like presumably of Merrill,
- 21:47Lynch's is going to all their clients, still this out.
- 21:51I think the Bank of America is embraced the point that is now
- 21:55confirmed, that is now confirmed, that that's what he
- 21:58said at Pacific Bitcoin. Now, that is not, I was
- 22:01confirmed. That's no longer speculation for
- 22:04Michael sailor Bank of America wants exposure to microstrategy,
- 22:10and let's take a look at the price of Bitcoin, right?
- 22:13So, here's the price of Bitcoin. You know, 2021 to 2023.
- 22:19And now let's take a look at the microstrategy chart, right?
- 22:22So 2021 to 2023, look at the similarities in the price pump.
- 22:28Look at let's say almost like the same chart.
- 22:30It's almost as if the microstrategy stock is a Bitcoin
- 22:36ETF. Well it's not officially a
- 22:38Bitcoin ETF, but it sure does look very similar to the Bitcoin
- 22:43price and then you would think that Like why is that?
- 22:46Why is that? Well, it's incredibly obvious,
- 22:48they own 140,000 Bitcoin, right? Anyway, so we now know that Bank
- 22:55of America bullish on bitcoin, you heard it from Sailor himself
- 22:59now, it's confirmed that they have exposure to microstrategy,
- 23:03which is basically functioning like a defacto Bitcoin ETF.
- 23:07And let's talk a little bit about Fidelity, right?
- 23:09This is a news that broke March 15, we covered it when it was
- 23:13break when it was breaking. Crypto, quietly went live,
- 23:16giving, millions of retail customers access to bitcoin.
- 23:19They say quietly in this headline because because this
- 23:24was happening, during the banking crisis, this was
- 23:26happening. When the when the crypto
- 23:29exchanges the shit coin casinos were under Fire from Regulators,
- 23:34right? They, you know, SBS, vbb bank
- 23:37went bankrupt, you know, the feds took it over but also
- 23:41Signature Bank, which they didn't necessarily have to do
- 23:44that, but there was Speculation that they were doing that as
- 23:46part as of part of operation 2.0, apparently Fidelity said
- 23:51didn't read don't care stackin SATs anyways, so they are
- 23:54offering these products to their customers.
- 23:57Let me give you guys a little bit of a recap, says Fidelity
- 24:00digital assets quietly opened access to Fidelity crypto for
- 24:03the masses recently, millions of users can now trade Bitcoin and
- 24:07shit coin. Etherium commission-free on the
- 24:09platform. The app was previously
- 24:11restricted to a waitlist with users given access on a rolling
- 24:14basis. It goes on to say, and I think
- 24:16here's the signal out of all this Fidelity which has 37
- 24:20point, 1 million total retail account has acted sooner than
- 24:24most of its peers in the US and offering crypto to retail
- 24:27clients, the full launch happened over the past few weeks
- 24:31according to sources with knowledge of the matter.
- 24:34And here is the amount of assets that Fidelity has under
- 24:38management. Of course, four point five
- 24:40trillion dollars with a b. And here's this, pretty Old
- 24:45article which I find extremely bullish.
- 24:47Maybe this is just too much bull porn.
- 24:50It goes on to say Fidelity predicts, 1, billion dollar
- 24:53Bitcoin. It sounds absurd when you read
- 24:57it. Anyways, part of the medium
- 24:58article says in 2021. A billion dollars seems like a
- 25:01lot of money even in 2038 it will be a lot of money during to
- 25:05mirror director of global macro at Fidelity Investments believes
- 25:09that one Bitcoin could be worth 1 billion dollars by the year
- 25:132030. Eight will talk is cheap, but
- 25:17actions are much louder, anyways, Bank of am sorry,
- 25:21Fidelity. A management research is buying
- 25:24a lot of stock in microstrategy which we all know is a de facto
- 25:28Bitcoin ETF so it looks like these these articles right are
- 25:32just not noise. It's just not, it talk is cheap,
- 25:35right? These are actions.
- 25:36These are actions that are being taken.
- 25:38And, you know, when you're over the target is when Elizabeth
- 25:42Warren reaches out and they Elizabeth Oren specifically
- 25:46asked Fidelity not to allow their customers to put their
- 25:50money. Their money into a 401k for a
- 25:54Bitcoin 401K with Fidelity. There's an article fortune.com
- 25:58leave Bitcoin out of this, Senator Warren.
- 26:01And we know that Senator Warren is behind a lot of the anti, a
- 26:06lot of the anti Bitcoin movement.
- 26:08She was behind the bill co-sponsored by Senator
- 26:11Marshall, which is Republican, which would basically, for
- 26:14software. A in the United States to
- 26:16register with the state. If they wanted to develop code
- 26:19for Bitcoin, she's also behind a lot of the environmental Fudd
- 26:22against Bitcoin mining, and she's a co-sponsor of the
- 26:25recent. Build the restrict act, The Tick
- 26:27Tock and The Tick Tock, man, that would give that a lot of
- 26:31people are coining, or referring it to as Patriot Act 2.0, right?
- 26:37So we know that a little, and not to mention her campaign
- 26:40slogan, right? I'm building an antique crypto
- 26:43Army, I mean, Look, I think that in five years saying that will
- 26:48get you unelected right the vast majority of young people.
- 26:51Have a very very good outlook on bitcoin and shit coins.
- 26:54Unfortunately it's our job to educate them Bitcoin not crypto.
- 26:57But anyways, crazy crazy news Opti.
- 27:01I don't know, bro. I look usually I say, maybe I'm
- 27:05seeing things that are not there but no not today.
- 27:08This is incredibly awesome. Obvious actions speak louder
- 27:10than words. It's right there.
- 27:12It's Crystal Clear and they've Giving us the signs and then
- 27:16sailor hinted to it at Pacific Bitcoin when he did a fireside
- 27:21chat with the CEO of swan Bitcoin core eclipsed in.
- 27:25So, anyways, dude, this is this pretty nuts, bro.
- 27:28What's your take? Well as bitcoiners, you know,
- 27:31we've been saying this for a long time, the rumors you know
- 27:34institutions are coming institutions are coming and we
- 27:36are they here that here there but they've been here as far as
- 27:39I'm concerned. Again let's just double down on
- 27:42the mean like don't watch what they say, watch what they do.
- 27:44Edu and we continuously see this blueprint paint playing out guys
- 27:49you know not saying these companies did this per se but we
- 27:52know the blueprint they'll flood Bitcoin they buy at a good price
- 27:56and then once it started pumping they come out with their news
- 27:59like oh yeah. So hey you know we own Bitcoin
- 28:02to wheel of Bitcoin. Bitcoin is great.
- 28:05So again it's just playing out in real time and also on the
- 28:10Fidelity Fidelity news. I think I may have mentioned
- 28:13this on the show. Following that news or week
- 28:17after whatever there was a lot of talk about like oh is
- 28:20Fidelity going to allow self custody.
- 28:23We got an update that they are looking into it.
- 28:25At least we're working towards the self custody aspect.
- 28:28He's not someone from the company saying that I think it
- 28:31was on their Discord or something like that.
- 28:34And we also got a tweet confirmation as well from the
- 28:37company. So I don't know if that's lip
- 28:40service or not but hey, this is so I don't think so because
- 28:44Market forces will Fort like they.
- 28:47Like so if other companies are offering people to withdraw
- 28:50their Bitcoin, right? Yeah, exactly Fidel.
- 28:53He's not gonna have a choice. We saw this with PayPal, right?
- 28:56When cash app was absolutely killing it.
- 28:58And then that Force PayPal to offer Bitcoin even though they
- 29:01didn't want to, they weren't a fan but they're like they're
- 29:04their shareholders like, oh look at that.
- 29:06Like why can't we do the same so PayPal introduced, a being able
- 29:09to buy Bitcoin? And then I think reluctantly
- 29:12they introduced the ability for people to Draw Bitcoin and we
- 29:16also know that Robin Hood did this as well.
- 29:19Anyways, wait, wait, wait, wait, wait, wait.
- 29:21Before you go on. I think this is the time when we
- 29:24talked about the importance of self, custody boys and girls.
- 29:27This is why we are all here. Yes it's good to have
- 29:29institutional adoption of Bitcoin but we want to see
- 29:33people take Bitcoin into self custody and what do I always say
- 29:36every single day you know the mobile wallets the hardware
- 29:40signing devices, the desktop wallets that you need to use
- 29:42when I'm out bro go there Lou wallet.
- 29:44Green wallet Breeze, while it Moon, wallet Mutiny wallet shot
- 29:49that to my boys over there. Phoenix seed, signer Jade cold
- 29:52card Zeus Sparrow Spectre Bitcoin core a lot of options
- 29:57out there but you know, go try them for yourself, see what the
- 30:01trade-offs are. And then one last point to to
- 30:04this news, you know, everyone wants to make money so obviously
- 30:07institutions are hedging their bets, which I think is the
- 30:09signal. But again, you know, taking
- 30:11Bitcoin into self custody is is the most important part.
- 30:14Art. But why not tinfoil hat?
- 30:16Where I am the time and the in-house tinfoil hat?
- 30:19Where if you saw on the chart you know Vanguard and BlackRock
- 30:22do own a significant portion of micro strategies.
- 30:25I think it's somewhere around like new.
- 30:26No, no, but hold on. I know I know I know we've done
- 30:30this before their Index Fund dude, I know, I know, I know we
- 30:33talked about before I know, but it's still it's back to the
- 30:36whole idea of Institutions are in To the Bitcoin.
- 30:42Yeah. Audio my artists which out.
- 30:43Alright anyways you're talking about self custody Opti and guys
- 30:48you definitely want to make it over the Finish Line with your
- 30:51generational wealth. You don't want to store your
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- 32:59Anyways Opti, what are your thoughts, bro?
- 33:05We're gonna coach I thought you're asking you never never
- 33:07mind. Anyways guys you know me I think
- 33:10I talked about this. I don't know every other couple
- 33:13of weeks on the show I am a basic basic Bitcoin.
- 33:18ER I just love Austrian economics and I'd love any time
- 33:22to talk about that and the importance of just saving in
- 33:25Bitcoin. Like that's what we're all here
- 33:27for saving in Bitcoin. What's the question Niko is as
- 33:30why are we being forced to use a money?
- 33:31That is Designed to steal from us.
- 33:33This is what Bitcoin fixes. This is why we tell you guys to
- 33:36take Bitcoin into South custody. But anyways, I saw this tweet
- 33:40from the st. Louis fed and I just, I had to
- 33:43cover it. We had a few guests and this
- 33:45came out what April 5th. So, two days ago, and there's a
- 33:50few points here that first off, I'll get to in a moment.
- 33:53But that that we always talked about on this show.
- 33:56But anyways, let's talk about this tweet.
- 33:57So at st. Louis fed goes, do you spend
- 34:00that dollar right away on things you want, or Save it for the
- 34:03future. This page.
- 34:04One economics dives into the psychological forces of delayed
- 34:07gratification and self-control when it comes to saving money.
- 34:11And again, this is, this is an article for, I think it said,
- 34:15high school and college students, and I did read it, I
- 34:18did highlight some stuff. There is actually some good
- 34:21information here for people that are very bad with their money,
- 34:25which was me before I understood Bitcoin before I studied
- 34:27Austrian economics. So I again, find it, very
- 34:31interesting that it into our ER mean world and everyone else
- 34:33just lives in it. And I find it interesting that
- 34:36the st. Louis fed is basically pushing
- 34:39some Austrian economics to Their audience or to the world and yet
- 34:43they kind of don't frame it that way, but let's just get into
- 34:46some of this article. And then, of course, I'm going
- 34:48to connect this with Bitcoin, and why Bitcoin is the best
- 34:52savings mechanism. Anyways, the article is called,
- 34:55why are we so impatient? Who's we?
- 34:57I look in the money and delayed gratification and it goes the
- 35:01future. This first quote because the
- 35:03future simply doesn't tempt us as much as the president does
- 35:07actually a good good quote in the good Insight anyways, I'm
- 35:11not going to be the whole article because there is a
- 35:13couple to know some fluff storytelling all this stuff but
- 35:17there is some good info in here nonetheless because the notion
- 35:20of saving money. Whether for something new in the
- 35:21future, a financial emergency or retirement is considered a
- 35:25healthy Financial habit. Yes, can confirm delayed
- 35:28gratification and self-control our psychological forces that
- 35:31make us work towards Future results whether it's working out
- 35:33eating better or saving money. How many times have I said this?
- 35:36Get your mind right? Get your body right?
- 35:37Get your finances right. This is how you live a good
- 35:39life. Anyways, there are a few things
- 35:41you can do with money. Spend it.
- 35:42This include paying bills, living expenses and taxes, save
- 35:45it or do both spending and saving are conflicting gold
- 35:48because a person cannot spend and same save the same dollar.
- 35:52There is an opportunity cause both spending and saving brings
- 35:55gratification. The issue is about timing save
- 35:59now or spend later, or save now, and spend later.
- 36:02The opportunity cost of your decision is not having the money
- 36:05available for use in the future and the rewards of saving or not
- 36:08fully realize until some point in the future although you feel
- 36:11the cost of saving immediately, you can't spend the money yet
- 36:14and for this reason, people often give in to the temptation
- 36:17to spend and have little self-control to save their
- 36:19money. Used to be me, actually it still
- 36:21is anytime. I have dollars, I dropped them
- 36:24instantly, I capitulate my Fiat as quick as possible whether
- 36:28it's in Bitcoin or on things I want.
- 36:29Anyways saving requires strategy.
- 36:32And more effort than spending. It also requires re-evaluating
- 36:35current behaviors such as frequently spending money eating
- 36:38at restaurants or online shopping.
- 36:40And it is it is easier to postpone saving than to have the
- 36:43will power to steer away from The Temptations that prevent you
- 36:46from saving. It literally sounds like they're
- 36:48talking about Bitcoin. What do we tell you guys?
- 36:50Every single day it is delayed gratification saving Bitcoin so
- 36:55that you can prosper in the future.
- 36:57And I think the most interesting aspect of this article is the
- 37:01fact that Bring up the marshmallow test.
- 37:03I know you guys have read the Bitcoin standard by safety and I
- 37:06know you know what the marshmallow test is but for
- 37:09those that don't will break it down real quick.
- 37:11Why we often been to instant gratification, people tend to be
- 37:15emotionally disconnected from their future selves.
- 37:18Someone's lack of connection to what may happen in the future
- 37:20stems, from not being able to see or feel it, the present is
- 37:23tangible Vivid and Salient, but the future not so much.
- 37:27We simply have predictions as the future is unknown.
- 37:29Less tangible and not nearly as real as the Isn't the weight we
- 37:33place on the importance of our current wants is far greater
- 37:36than the weight. We place on our future want.
- 37:38This could explain why people procrastinate saving for
- 37:40retirement or an emergency. We look to experience and enjoy,
- 37:43what is in front of us? And for this reason, some people
- 37:46get frustrated with the delayed results of habits such as
- 37:49exercising, eating better, or saving money.
- 37:52What do we always tell you as bitcoiners lower your time?
- 37:55Preference and this is what they're talking about.
- 37:57Aka the marshmallow test and Educators have used this
- 38:00experiments to explain that the future.
- 38:02Just not as tempting as the present.
- 38:04And for those that don't know the marshmallow test it breaks
- 38:06down to. They did an experiment on little
- 38:08kids, they dropped a marshmallow in front of them and they said,
- 38:11hey look, you can eat this one, marshmallow or wait 20 minutes
- 38:13and we'll give you two marshmallows.
- 38:15The majority of the kids, basically ate the marshmallow
- 38:18but some of them delayed gratification and they got the
- 38:21two marshmallow. And I think the most interesting
- 38:23aspect of this experiment is that they followed up on these
- 38:28kids and the ones that delayed gratification we're doing better
- 38:30financially in the future. Err in their, in their adult
- 38:33life. And so this is something we tell
- 38:35you guys all the time. Yes, we know we all need, we all
- 38:39have wants, but saving in Bitcoin right now and obviously,
- 38:42this is they don't touch this in here and this is where I'm going
- 38:45to bring it in. Is the best decision for your
- 38:48future and your family. Anyways, they go on make the
- 38:51future feel as good as the present.
- 38:53You know research has shown that humans are genetically wired to
- 38:55live in the moment which is what drives our desires to consume as
- 38:59much as possible. And there's some good good
- 39:01advice here. Setting up visuals and reminding
- 39:03yourself why you are saving in the first place.
- 39:05Helped keep that emotional connection to your savings goal,
- 39:08helping you achieve that goal. And it goes on to, you know,
- 39:11just just adding some fluff and this is where we continuously.
- 39:14Tell you guys as big cornered that it's not so much about a
- 39:18get-rich-quick scheme. It's about not getting pour
- 39:20slowly scheme and furthermore changing the world as we know
- 39:24changing the power dynamics and the monetary game that we are
- 39:28currently abiding in. This is why Nico and I get so
- 39:31hyped up. Every single day.
- 39:32That's why we got Nico Jones coming back is because we not
- 39:36only visualize but we are just so hell-bent and focus on what
- 39:40Bitcoin will do for society, but further what it's done for us
- 39:43and we just continuously beat that drum that look, you got to
- 39:47avoid the temptation of capitulating, your Fiat
- 39:50instantly and save some in Bitcoin delay.
- 39:53The gratification do the marshmallow test in real time
- 39:55for yourself, but the one thing that I wanted to add on to this
- 39:59article is that there is a Entering glaring absence of a
- 40:03couple words here and it is Bitcoin and it is inflation.
- 40:07And while they're telling you to save money, they are just
- 40:10assuming that you should save in the dollar.
- 40:13And so I did some calculi didn't do calculation but I got some
- 40:16more receipts here and I found the website US inflation
- 40:19calculator that I use all the time to back up my point and it
- 40:22goes if in 1913 I purchased an item for a dollar then in 2023
- 40:27that same item would cost $30 Point, 39 cents and this It just
- 40:32goes to show you what the rise and fall of the dollar is your
- 40:36purchasing power has been stolen from you and my opinion, you
- 40:38cannot save in the dollar and this is something we
- 40:40continuously beat the drum on. In this show is if you're saving
- 40:44in the dollar you are getting stolen from and you need to hold
- 40:47assets. This is the only way you are
- 40:49going to improve your lot in life.
- 40:51Most people are living paycheck to paycheck.
- 40:53I think the statistic is something ridiculous about the
- 40:57majority of the population living paycheck-to-paycheck,
- 41:00can't even pay for a 500 dollar. Bill, this is crazy.
- 41:04This is this is the status quo right now in the world that
- 41:07people saving in the dollar are racked and you can't save in the
- 41:11dollar. So I find it very interesting
- 41:13that the st. Louis fed tells us that, you
- 41:15know, you need to save for your future, boys and girls.
- 41:17But they don't tell you what to say Vin because they can't give
- 41:21you all the signal here which is your dollar has been decimated
- 41:25since the creation of the Federal Reserve in 1913.
- 41:29And this again this is from the st.
- 41:31Louis fed this Is the chart of the Consumer Price Index, for
- 41:34all, Urban consumers, purchasing power of the dollar.
- 41:37And if you see guys and for those listening in the audio, it
- 41:41is going down and to the end to the right while the opposite of
- 41:45Bitcoin is going up and to the right.
- 41:47And I know this is Nikas favorite site price in Bitcoin
- 41:5021 and the numbers here are just ridiculous.
- 41:54You know, if you hold Bitcoin for over five years, you have
- 41:57what 76% increase on the dollar? Am I reading this?
- 42:00Correct me. Go 6.
- 42:02Seven percent increase on crude oil, 64% increase.
- 42:05So it means that if you were was 76 percent, correct?
- 42:09Yeah, exactly. So your dollar lost seventy six
- 42:11percent in five years crude oil, lost 67 percent and five years,
- 42:15gold 64 SNP, 562 and the media new house 60%, which means even
- 42:23in the hardest Assets in the world, what the world is
- 42:25basically priced and you are losing value against Bitcoin and
- 42:29they don't teach you this, and this is what we continuously.
- 42:32Try to do in simply Bitcoin is show you guys look, hey say what
- 42:36you want about Bitcoin. I'm not going to tell you how
- 42:39much the holding Bitcoin. This is something you're going
- 42:41to have to make that decision for yourself but you need to
- 42:44hold some Bitcoin just in case it catches on because the world
- 42:49is in a scary place right now. As we've seen in the last month,
- 42:53you can't trust the banks. You can't trust the FED to
- 42:55maintain the monetary Supply at 2%.
- 42:58You can't save anything but Bitcoin in my opinion this is
- 43:02one I am so adamant about Bitcoin.
- 43:04This is why I try to push all my friends and family to hold even
- 43:07a little bit amount of Bitcoin because I want them to increase
- 43:10their purchasing power over time.
- 43:12I want my friends and family as wealthy and as rich as possible
- 43:15so that we can live a good life. There's nothing wrong with
- 43:18acquiring and building your wealth.
- 43:20This is what entrepreneurs should be doing and are doing in
- 43:24real time. Instead of this game that we're
- 43:26playing right now where everyone is, just basically floating on
- 43:29the rat race. You know, on the treadmill just
- 43:32Barely afloat. And again I brought this girl
- 43:35sunja. Sorry, I'm messing up your name,
- 43:38I know it. She did it to me yesterday but I
- 43:41also brought another mean today because while this st.
- 43:44Louis fed article is for high school students and college
- 43:48students, I think it makes our Point even more poignant.
- 43:51You know what, schools, teach you put your money into a
- 43:53savings account. The myth of good debt, investing
- 43:56is only for the wealthy and government programs are
- 43:58beneficial to retirees. And, but what Bitcoin teaches
- 44:01you is, Shit against monetary debasement self sovereignty.
- 44:04Investing is for everyone and the concepts of money time
- 44:07preference and the economy. And you know, of course, of
- 44:11course I you know, I angled the st.
- 44:16Louis fed article about saving for your future with Bitcoin
- 44:19because this is a Bitcoin show but also because I truly feel
- 44:23and understand and know that Bitcoin is the way the savings
- 44:26mechanism, the savings vehicle for you guys to improve your lot
- 44:30in life. And this is what I think is the
- 44:32Most important aspect of Bitcoin.
- 44:33Yes, you can go down the technical aspect.
- 44:35Yes, you can go down, you know, the fighting of the monetary
- 44:38demons and the unproductive class but what everyone wants to
- 44:42do is live a good life and Bitcoin allows that for you
- 44:45guys. So you can save and unlock your
- 44:47human capital and do the things you want to do in life and rant
- 44:50Nico jump in. Hold on a second.
- 44:52I did I did say that. Did you just say demons?
- 44:56Just like the Bible says, it's basically an Intergalactic
- 44:58Invasion into this space through people.
- 45:01I'm telling you. All the ancient said, it's what
- 45:03they warned of. It's what we're dealing with
- 45:05their demons. The frick you gave me now that
- 45:15you, bro, I just had to dunked it.
- 45:18Holy shit. Optus ain't fucking off t with
- 45:21the sauce. Yeah, I just want to help
- 45:22people. I really do.
- 45:24Get your, get your body, right? Get your mind right, get
- 45:27involved. Yeah, we need before we gone,
- 45:29that's the best part st. Louis fed is saying the same
- 45:31thing. That's a Stop T is saying
- 45:32they're just missing the key component which is Bitcoin.
- 45:36Oh man. What's that?
- 45:37What's that? Really famous quote.
- 45:39If your job depends on. Not understanding something.
- 45:43You won't understand it. Yeah.
- 45:46Anyways dude, I don't know if I could top that bro, Mi, this is
- 45:54why we're a good. Do you do the nikah Jones on the
- 45:57news? You know, I feel like my people
- 45:59that you're crawling up near crawl.
- 46:01I do the Nico. On the brow, but your you do the
- 46:03you do the Opti optogenetics? No, no, I like saying Opti,
- 46:07that's dude, I am a youth. Pastor shouts out to Jacob for
- 46:10calling me a youth, pastor confirmed.
- 46:15Anyways. Alright Opti before we get to
- 46:17the memes, shout out to Beauty on.
- 46:19Why don't you tell everybody what Bitcoin?
- 46:21I know we did this but we're going to hammer it home again.
- 46:23Why don't you tell everybody what Bitcoin wallets they should
- 46:26be using? Okay.
- 46:27Yeah guys. So again look these are the
- 46:31wallets. That I like don't take this as
- 46:34like set in stone. I'm sure over time.
- 46:37I do try new wallet, I do try to find cool wallets that I like
- 46:42better. So the the call of action here
- 46:45is push the wallets that you like best that you have used
- 46:49that. You can verify that you think
- 46:51other people should be using. So your list might be a little
- 46:53different than mine and I haven't tried every wallet but I
- 46:57have tried these wallets that I tell you guys and and you know I
- 47:00know that I drop some Because we're doing this in real time,
- 47:04but you know, I like blue wallet.
- 47:06These are mobile mobile mobile signing devices or mobile
- 47:09wallet, blue wallet, green wallet, Zeus Pine blue.
- 47:13Oh wait, I said blue moon Breeze.
- 47:17Phoenix. I'm very excited to see our
- 47:20friends at Mutiny wallet release that they're normal it.
- 47:24Yeah, is it Chad? You know, wild of Satoshi?
- 47:30Yes. Is No, but it's still it works
- 47:33and you know there is trade-offs again.
- 47:36There's trade-offs to all this and then Hardware wallets, you
- 47:39know, our sponsor Jade. I love it for the price point.
- 47:42I think it's almost unbeatable but the industry standard code
- 47:46card, if you don't want to buy in off the or if you don't want
- 47:50to buy a ready-made Hardware signing device and you can get
- 47:54off the shelf parts and build yourself, a seed signer, one of
- 47:56the coolest coolest projects and Bitcoin, in my opinion and then
- 48:00on your on your desktop on your There is Bitcoin core.
- 48:03If you want to be an OG B, coiner use Bitcoin core.
- 48:07There is one of my favorite Sparrow there respecter and I
- 48:10know Nico's. A huge electrum think.
- 48:12So, that was about to say, I keep forgetting electron which
- 48:16wanted to 0 g 1. But again, guys, there's a lot
- 48:18of trade-offs and I'm really trying to boil this down to.
- 48:22I I really understood. One thing when I started naming,
- 48:25like the 15 different Bitcoin wallets that are out there is
- 48:28sometimes we got the paralysis of options.
- 48:32You know, option paralysis. So I'm trying to figure out
- 48:35whether that's the best idea to just like bombard people with 15
- 48:38option. To just kind of be like look
- 48:39dude you know I use blue wallet on my phone, you know.
- 48:42Okay Haley driver, I have an idea.
- 48:44I have an idea, we should start adding it to the ticker Opti.
- 48:47Although there you go, we should do that.
- 48:49All right, we're going to add it to the ticker anyways.
- 48:51Guys, help us stay on air. If all the work by the way that
- 48:55we do is free, our sub stack simply Bitcoin TV, all our
- 48:59content that we're dropping all the It shows, IRL live tto, and
- 49:05the clips. Shout-out tell, Dells been
- 49:07crushing it by the way. And Russian will be back soon as
- 49:11well, but if you guys want to help us, you know, subscribe to
- 49:14our sub stack. If you want to, if you don't
- 49:17doesn't matter it's free. It will still drop the hot
- 49:19sauce. Anyways, anyways everybody let's
- 49:22get to the meme review. Let's check it out.
- 49:27The daily meme review brought to you by Kaboom racks.
- 49:32I get this question all the time.
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- 49:57Yeah, I mean before I gone someone someone tagged us on
- 50:01Twitter yesterday it's for having someone come on the show
- 50:05later, they're doing like their little circuit and the like you
- 50:08definitely gotta go. I'm simply Bitcoin and I
- 50:10responded like, oh for sure, we'd love you to come on the
- 50:12show and then they like, did like a meme.
- 50:15The like I bet. Cool.
- 50:16Definitely. And then they do like in
- 50:18aspects, like Whispers action, Shut up.
- 50:32There were talking. They were talking but they broke
- 50:35up. You are fake news, guys?
- 50:38Hey, don't blame me. I'm trying to get some of this
- 50:41kantian money to me first and foremost so I can stack this dip
- 50:45before the institutions come. Can you blame me?
- 50:48Yeah whatever I'll. Hey when I'm super rich when I'm
- 50:52sailor Rich. Whatever.
- 50:54No. Chrissy doesn't want to talk to
- 50:56me? She her scarves, or where she's
- 50:58living now. She's living good on her.
- 51:00Scarves in her yachts and looking down at as peasants,
- 51:03anyways. Anyways, anyways, enough
- 51:05trolling, as you guys know, this is the meme review.
- 51:09This is your favorite portion of the show, where we cover the
- 51:11memes. We're actually wear.
- 51:13This is the light-hearted part of the show, you know, where we
- 51:17break up all the seriousness, and we give you guys just some
- 51:21LOLs and bring you into the show.
- 51:24Make you a part of what we're doing.
- 51:25Of course, tag me on Twitter, simply Bitcoin TV on Twitter and
- 51:31I will review your memes. Also, you can drop them in our
- 51:34telegram, T dot me slash simply Bitcoin TV and I will scour the,
- 51:40the telegram to find some memes but I need the Twitter links
- 51:44guys so that I can give you guys credit for them.
- 51:47Anyways, this is a mean review. Tweets of the bullets memes are
- 51:50the artillery. We are in an information War,
- 51:52guys. If it's not obvious to you,
- 51:55There is an information War out there and we need to continue to
- 51:59get the cause of actions out there continued to spread truth
- 52:02in art and spread the signal. Get the Bitcoin message out
- 52:05there because hey, a lot of people have very short attention
- 52:09span and remember Fountain. Oh, I did, I did I do, but I
- 52:13have to pull him up real quick. So give me one second.
- 52:15I'll pull them up as we're covered when we're covering the
- 52:18mean review. Okay, anyways, today's memes
- 52:21first one is, can you see the whole thing?
- 52:23Yeah. Okay.
- 52:24So you guys saw this. Snooze.
- 52:25I we haven't fully covered this article yet Nico so maybe we got
- 52:29to do that as well but US Treasury says quote unquote,
- 52:32decentralized, cryptocurrency markets, threaten US National
- 52:35Security and need greater oversight.
- 52:37Obviously has bitcoiners, we know there is only one
- 52:39decentralized market or crypto currency market and it is
- 52:42Bitcoin. The only free market in the
- 52:44world. Anyways, we got the classic
- 52:48superhero pressing. The red buttons Meme.
- 52:51And it's the US Treasury as the superhero sweating and on the
- 52:55Side to goes, Bitcoin has no value.
- 52:57And on the other side of goes, wait Bitcoin threatens US
- 53:00national security. Wait, which one is it is bighorn
- 53:03valueless or does it threaten National Security you need to
- 53:07get your messaging correct? Because you're confusing the
- 53:10Bitcoin Maxis out here. There's actually it's by Maxis
- 53:15club and you know Mia I tried to avoid dunking on shit Corners
- 53:20because it's starting to feel very very irrelevant.
- 53:23We are in the Midst of, then they fight you stage and we are
- 53:27not all in this together, and is Bitcoin verse every, every other
- 53:31shit coin in the world, but Maxie's Club.
- 53:33Kills this one. So, we got Satoshi Pepe the
- 53:36Frog, Satoshi fishing in the big ocean, that is the financial
- 53:40world. And then we got the shit Corner
- 53:43coming up next to him. And we got, you know, Satoshi
- 53:47looking back and the shit Corners metallic fishing in
- 53:50satoshi's bucket of catching fish.
- 53:54This is what it does. And you know just just the meme
- 53:58and the message she Corners are here.
- 54:00And she couldn't are designed to steal your Bitcoin, do not give
- 54:02them your Bitcoin, take your Bitcoin in South custody.
- 54:04Anyways its next game at the BTC therapist which is a everything
- 54:08is fine. Grandma hashtag Bitcoin.
- 54:12All right we got this Meme here. Shut the BTC therapist because
- 54:15this one's funny. So let me let me try to explain
- 54:18this one so we got a desktop wallet over here and it goes
- 54:21Bitcoin wallet total of fifty two point six two three Bitcoin.
- 54:25We send and receive and we got a cold card in the bottom.
- 54:31And we got a text message here and it goes Grandma.
- 54:36Where did you invest my money and then you replying don't
- 54:39worry, it's in a very safe place in cold storage sheds at the
- 54:43grandma. With 52 Bitcoin.
- 54:44She's going to be very, very happy about this.
- 54:47Everything is fine Grandma, everything is fine.
- 54:49Anyways, this next one is by European B, TC 21 goes, we don't
- 54:55hate Bitcoin, we are all about Bitcoin.
- 54:57I really like canute's. Comment here.
- 55:00In fact we are all big And anyways, we got this this meme
- 55:04over here and we got a Gallows here and a bunch of candle
- 55:08lights. And there is one light bulb and
- 55:10it goes Banks and governments hate Bitcoin.
- 55:13And they are taking the light bulb to The Gallows because you
- 55:16know they're trying to keep the regular party hosts the light so
- 55:19light. It's quite it's like Bitcoin is
- 55:21the way anyways, it's next one. I think it's a screenshot which
- 55:24might be one of the best screenshots we've seen.
- 55:26Come around on bitcoin, Twitter and a long time.
- 55:29Remember we covered yesterday? That all Maxim's 2018, have the
- 55:34Bitcoin white paper on it. Well we got Bitcoin meme Hub
- 55:37over here in a screenshot ego csw to sue Apple over Bitcoin
- 55:41white paper. He did not even right popcorn.
- 55:43Popcorns laughs and we go, I think Apple may be in breach of
- 55:47copyright. What say you dr.
- 55:49Craig s right. And he just responds, yes.
- 55:55Okay. It's going to be very
- 55:56interesting to see fake Toshi. Sue Apple over a breach of The
- 56:01copyright of, you know, spreading the Bitcoin, white
- 56:04paper amazing. Dude, couldn't make this time
- 56:07line up. Best best time line ever.
- 56:09Anyways, this next meme is by not Jerome Powell AKA Ali Farhat
- 56:1379 and it really does feel like this.
- 56:16And I think this is a classic variation.
- 56:19We have the Titanic named, the Titanic is sinking and the
- 56:21Titanic is the US dollar. And then, if you guys have ever
- 56:25seen Titanic, I know you guys made some of you might be
- 56:27Zoomers, but I'm pretty sure some of you guys have seen the
- 56:29Titanic and we Got the scene where the people going down on
- 56:33the ship, the musician, the band are just playing the music as
- 56:37the ship goes down and the band is a US Government.
- 56:40This is really what it feels like right now, the US
- 56:42government just playing the music and the musical chairs as
- 56:45the US dollar sinks. All right, this next one Nika.
- 56:49This next one, you know, I do my best to not bring in too many
- 56:55videos on here because of copyright laws or whatever,
- 56:58because YouTube doesn't like us doing that, but I had to bring
- 57:01NG this one in guys, cuz this one is absolutely hilarious.
- 57:05Shouts out to Yellow. This is super, super funny.
- 57:09All right, hold on. Let me get the, let me get the,
- 57:11the take on top of it, where to go, where to go, okay, he goes
- 57:15when your loved ones have trouble, understanding Bitcoin.
- 57:18So watch this one. This one's hilarious.
- 57:24Three bottomless open neutral resistant.
- 57:31Decentralised immutable, there is no second best.
- 57:40I'm just get it. Woman is what's the second best?
- 57:50There is nothing. Yellow killed.
- 57:54That one yellow killed. That one.
- 57:56That one's. That was hilarious.
- 57:58Oh man. Alright anyways, guys, drop your
- 58:01me. Move you score in the chat?
- 58:03I will get the fountain, the fountain comments up before, or
- 58:07after the movie is so Nico. You'll read them, but my score.
- 58:10Today, Nico. And this is a playoff
- 58:12yesterday's mean review score. So if you were here, you know,
- 58:16that we got very gentlemanly yesterday.
- 58:18Well, I got this cigar cutter for you guys.
- 58:21The same one do you? Yeah, it literally the same one.
- 58:25That's so interesting. Have you seen the V shaped ones
- 58:29like or it cuts out the instead I suggest those oh pulls a lot
- 58:34better. Oh okay.
- 58:36Okay free a free Alpha. Anyways for those memes scores.
- 58:42Oh up to, you're gonna like this, you're gonna appreciate
- 58:45this brother. I'm going to give it a louder
- 58:48with Crowder mug but not only letter with broader mug.
- 58:51Ugh. Can I have pain did his pain.
- 58:54When when louder with Opti mug suits let us know down in the
- 58:59comments. You guys.
- 59:00Would you guys say yesterday? Someone said it yesterday,
- 59:02Chantix demo. You guys want simply Bitcoin
- 59:05mugs? Let us know down in the
- 59:06comments. Will start.
- 59:07The we gotta do. I think we gotta do it.
- 59:09You gotta do it. I think we gotta do it, right?
- 59:10We're gonna hit up its demos. Yeah.
- 59:12Anyways, let me give him a hug when I saw Anyways, you guys
- 59:25before we get I just I'm having it's all coming to me all the,
- 59:29all the, all the memories. Anyways guys, before we get to
- 59:33the scores, I want to give a shout-out to the, the most
- 59:36awesome, the most awesome clothing company represent
- 59:40LTD.com they make really, really dope shit opting.
- 59:44I basically where the hoodies every single day.
- 59:47I'm wearing the simply Bitcoin merge.
- 59:49It's sold out but don't you worry?
- 59:52There's more merch coming soon, I'm working on it.
- 59:54And of course, simply Bitcoin hat is more.
- 59:58There's another drop come in real real soon and not to
- 1:00:01mention all their other really cool dope shit.
- 1:00:04Represent LTD.com promo code simply gash Bitcoin anyways.
- 1:00:10Opti. I do have the stores here are
- 1:00:12the fountains, or we can get to the scores.
- 1:00:14Which one do we have scores in? Yet?
- 1:00:16We do have some scores in here. Okay, hold on.
- 1:00:23They start pulling them up brother.
- 1:00:26Elaine score Bitcoin, double Duo, renters Nico.
- 1:00:30And Opti to start a new Marvel movie.
- 1:00:33We we actually make the Marvel movies.
- 1:00:35Good. All right.
- 1:00:38Next one. Matthew J.
- 1:00:40I give those memes a golf clap. Okay.
- 1:00:43All right. I guess that's all we got in so
- 1:00:46far. Alright, that's no, dude.
- 1:00:53All right. Hold on, hold on.
- 1:00:54Well, let's I'll get to these comments or the, the fountain
- 1:00:58for Fountain comments and maybe maybe a few more Will Roll in.
- 1:01:01So, guys, I know I've forgotten to get you guys.
- 1:01:05The found for Valley Fountain, for Fountain, comments, from the
- 1:01:08valley, for Value economy. Wait, Fountain comments from
- 1:01:10value for Value economy. It's literally had its
- 1:01:13confirmed, dog, it's confirmed. Yeah, we're making mugs or make,
- 1:01:17okay? Extend those, I'll hit you up.
- 1:01:19We'll design. Will design a cool.
- 1:01:21One, maybe it will design a special one for for for everyone
- 1:01:26out there, and okay. Anyways, shout out to everyone.
- 1:01:30That is streaming assets, we really appreciate it.
- 1:01:32Shouts out to everyone that Clips us and shit and spreads us
- 1:01:36everywhere on Twitter, anywhere else that you see you send the,
- 1:01:39the fountain Clips. But first couple streams we got
- 1:01:43at and W on episode seven 1121 SATs perfect.
- 1:01:48Number we got at em at I'm filled dog at em field.
- 1:01:54EG episode 7 l89 stat streams. Got a more streams again guys.
- 1:01:59I didn't I didn't get every stream in here because they come
- 1:02:03in fast. So I'm just trying to pick out
- 1:02:05all the different. What do you call them?
- 1:02:08Shout out. Shout out model shout-out, base
- 1:02:10Bitcoins and outside. Thanks for the 237.
- 1:02:13How was Rio Cowboys is doing this, right?
- 1:02:19Let's read the comment. The Techwin says, the hands are
- 1:02:23Beyond Diamond. Not letting go of BTC.
- 1:02:25When one equals one fatty a dollar in the world, let's go.
- 1:02:30All right next one you got to have some random ones and Nathan
- 1:02:39Levi. And I think our chefs out cause
- 1:02:43peeling chestnuts. You guys.
- 1:02:45I really appreciate. I caught the hit.
- 1:02:47I'll go quicker next time. Okay, okay.
- 1:02:50Anyways Guys, thank you so much for tuning in to another episode
- 1:02:55of Simply Bitcoin live. I'm your host Nico.
- 1:02:59You could follow me on Twitter b, v 7 and of course, my
- 1:03:01legendary co-host Optimist Fields, you can follow him on
- 1:03:04Twitter at my underscore Livin, underscored truth.
- 1:03:09Anyways, guys, love you all. Hope you have an amazing amazing
- 1:03:12weekend, really appreciate it, make sure to smash that like
- 1:03:15button, consider subscribing. If you feel like we provided you
- 1:03:17value, number one, thing you could do to help this peaceful
- 1:03:20Revolution. Is share all Bitcoin content.
- 1:03:24Don't be exclusive Bitcoin is inclusionary so we love you all.
- 1:03:29Have an amazing weekend. We will see.
- 1:03:30Wait wait wait. And you go before we gone.
- 1:03:33Hey guys. Hate us in the DMV.
- 1:03:35If you want to come on the show, we want you guys on the show.
- 1:03:39We do this every other couple of days to tell you guys, but I
- 1:03:43think we're running low on people coming on the show, so
- 1:03:45hit us up in the DM will get you on the show.
- 1:03:48Doesn't matter. Doesn't matter who you are,
- 1:03:49where you're from, doesn't matter.
- 1:03:51If you're a Bitcoin ER you're more than welcome on simply
- 1:03:53Bitcoin. This would simply Bitcoin live
- 1:03:55is all about so send us either. You can send me a DM, optio, DM
- 1:03:59or the simply Bitcoin, handle Twitter, DM.
- 1:04:02And will be more more than happy to to, to get you guys on simply
- 1:04:08Bitcoin live. Anyways, the party does continue
- 1:04:11all the way till 2 p.m. Eastern Standard time with their
- 1:04:13friends over at Swan Bitcoin best place to build your Bitcoin
- 1:04:17stack. Visit Swan.com anyways
- 1:04:20everybody. You have an amazing weekend and
- 1:04:22we will see you Monday, 12:15 p.m.
- 1:04:25Eastern Standard time. We will win this thing.
- 1:04:28Let's do it.