Latest / Simply Bitcoin / Bitcoin's $5M Destiny & Saylor Breaks Echo Chamber | EP 1004
Transcript
- 0:02It's all going to zero against Bitcoin.
- 0:06It's going up forever. You're.
- 0:15Against Bitcoin you're against freedom yeah we're going to
- 0:23simply Bitcoin live your number one source for the peaceful
- 0:25Bitcoin revolution to cover breaking news culture Matic
- 0:27warfare will be your guide through the separation of made
- 0:31money in state Ladies and gentlemen, you're tuned into
- 0:33simply Bitcoin, the most watched daily Bitcoin live show on
- 0:36YouTube Rumble and X sit back relax, enjoy the ride.
- 0:40We have lots to talk about today, starting off with Michael
- 0:44Saylor once again breaking the Bitcoin echo chamber and
- 0:48therefore moving the Overton window in the process.
- 0:51US Bitcoiners already know. We already know the talking
- 0:54points. We already know the ethos.
- 0:56We already know the money's fundamentally broken.
- 0:58How you really move the envelope is you get the ideas of Bitcoin,
- 1:03you get the majority of the population, population asking a
- 1:07very important question. What is money?
- 1:09Why does money have to exist that decreases in purchasing
- 1:14power? What is inflation?
- 1:16What are these like important talking points?
- 1:18And one of the things that he brought up on this extremely
- 1:21popular non Bitcoin podcast, he basically brought up an idea
- 1:27that I've been talking about for many, many months, which is in
- 1:30the current system, if you're someone who's wealthy, if you're
- 1:34someone that not even wealthy, if you're just, you know, upper
- 1:37middle class or upper class, right?
- 1:39Like not even the top, you know, 5 or 1%, you're basically forced
- 1:44to become a part time investor just to maintain your purchasing
- 1:47power. That is nuts that we live in
- 1:50that type of world. Like that type of world is
- 1:52bonkers, right? That's why you have the premium
- 1:56on housing. That's why, you know, you have
- 1:57the premium a lot of these assets, because it's not that,
- 2:01you know, housing is actually worth that much.
- 2:03It's that people are trying to escape inflation.
- 2:06They're they're like seeking a return, like, you know, like
- 2:09vicious hyenas because they, they can't like, they don't have
- 2:14a choice. Like you can't just leave that
- 2:16cash in a bank account. And one of the things that I've
- 2:19seen a phenomenon that I've seen with like higher net worth
- 2:22individuals is I tell them I'm like, all you have to do is buy
- 2:26Bitcoin and put it into self custody and that's it.
- 2:30And they're so used to living in a system where they have to buy,
- 2:34you know, property, they have to use wealth managers that charge
- 2:38them a crazy percentage. Like they're, they're, they're
- 2:41forced to become part time investors, buy index funds just
- 2:45to maintain their purchasing power.
- 2:47That's not even their profession, but they're forced
- 2:50to do that because of how the current financial system is
- 2:52structured. Bitcoin comes along and it's
- 2:55like all you got to do, buy Bitcoin, earn Bitcoin, mine
- 2:58Bitcoin and literally put that Bitcoin into self custody.
- 3:01That's it. That's all you got to do.
- 3:02It's so simple. It's complicated for someone
- 3:05that has spent the majority of their lives in the Fiat matrix,
- 3:08right? So it's really important that
- 3:11these messages of Bitcoin continue to break the echo
- 3:15chamber. Natalie's done a great job on
- 3:17legacy media. Jack Mahler's has done a great
- 3:19job on legacy media. Michael Saylor has obviously
- 3:22done a, a, a great job on legacy media.
- 3:24And, and it shows. That's why you have people like
- 3:26Tucker Carlson, one of the largest, you know, broadcasters
- 3:29on the planet right now, literally saying that he loves
- 3:32Bitcoin. Tim Poole, same thing, very
- 3:34similar story. So we're obviously making
- 3:37progress. In other news, I also wanted to
- 3:39cover actually intro to the video that we played you guys
- 3:45yesterday of Shamat and he was mentioning this guy.
- 3:49He's very, he's really not that well known, but I think he
- 3:53should be. His name is Winces Casares and
- 3:56this guy is an absolute whale. This guy has an absurd amount of
- 4:01Bitcoin, but essentially very successful guy graduated from
- 4:05Harvard University, University of San Andreas.
- 4:09He's the CEO of this Bitcoin company called Zappo with an X
- 4:12so Xapo, and he was essentially the first person to introduce
- 4:20Bitcoin to Silicon Valley. So Silicon Valley obviously has
- 4:24a tremendous amount of money, but he was the first person to
- 4:27introduce them to the idea of Bitcoin.
- 4:29Now, this guy was he was like on a panel recently and you'll see
- 4:35the difference. It's so funny because Bitcoin
- 4:36always does the same to everybody.
- 4:38Like you'll see his picture on the Wikipedia page and then
- 4:41you'll see his picture on the, you know, on the video that I'll
- 4:45play for you guys. And he literally has long hair
- 4:47and a huge beard. I don't know what it is about
- 4:50Bitcoin. It's probably like the I don't
- 4:51give a fuck about what anyone thinks type of thing.
- 4:54But, you know, he, he lays out a case as to why people shouldn't
- 5:01think or shouldn't believe that they're late.
- 5:04In fact, he makes the case that we're still early.
- 5:07And I love the example that he gives.
- 5:11And, you know, it's, it's kind of like a follow up to Shamat's
- 5:15video yesterday. He was humble in the beginning.
- 5:18He's like, he dropped the $1 million price point.
- 5:21But then there's a little bit of a Freudian slip to the
- 5:24$5,000,000 price point. Mind you, this is someone who's
- 5:27been buying Bitcoin, you know, probably for pennies on the
- 5:30dollar or a couple dollars or maybe $100, right?
- 5:33And this is obviously someone who has been extremely
- 5:36successful in entrepreneurship. So he had the money to invest
- 5:40into Bitcoin at that early stage.
- 5:42So from my understanding, this is one of Bitcoin's biggest
- 5:45whales. And also of course, at the end,
- 5:48we're going to talk about the just the overall bullish news
- 5:53that's on the horizon. And Marty Ben actually dropped
- 5:55an incredible article recently that kind of summarizes
- 5:58everything. So it's going to be an
- 6:00incredible episode. I'm incredibly bullish.
- 6:02I'm excited. I'm going to bring up very Co
- 6:04host and we have something special for you guys because
- 6:07we've heard you, we understand you, I get it.
- 6:10And what we're going to do is we're not going to push back the
- 6:14meme review. We have something special.
- 6:16We have something more special for you guys.
- 6:19We're going to do the entire culture segment is going to be a
- 6:23meme review and in the beginning we're going to explain the power
- 6:27of memes, right, because there's a lot of you guys in the chat.
- 6:29You guys love it for, you know, the kind of shits and giggles,
- 6:33but there's something extremely important to the the memes in
- 6:39this narrative trench warfare that we're fighting in the
- 6:41battlegrounds of the Internet. Memes are are very, very
- 6:44important weapon. They're extremely potent.
- 6:47They're very useful and they're working.
- 6:49If they wouldn't be if they weren't working, then they
- 6:52wouldn't be trying to censor us. So that's also something to keep
- 6:55in mind and I'm really looking forward to that.
- 6:58Opti and I were talking about it for like 30 minutes before the
- 7:00show. We're like, dude, how do we do
- 7:02this? How do we include it?
- 7:04We're gonna go above and beyond. We're gonna do a culture segment
- 7:06on memes and we're gonna do a meme review and we're all gonna
- 7:09pack it into one block. The memes are pumping the price.
- 7:15This is confirmed guys in the chat, they're getting it.
- 7:18Yeah, and we're back at 71,928 and of course I paid everyone
- 7:24out at 68,000. So let's go.
- 7:28Good luck to all the simply people got there.
- 7:30Wait, can. Can I remember that?
- 7:32I forget what it was. It's like a few months ago when
- 7:35we when we pumped the 69 K for the first time and Nico paid us
- 7:38all out at the top and then it dumped.
- 7:41I'm like Nico's scamming. Us here.
- 7:43There we go, There we go. Man it feels good.
- 7:46A good Tuesday. I'm hype for today.
- 7:48Great day. Shouts out to everyone in the
- 7:50chat. We love you guys.
- 7:52Keep throwing the tomatoes. Troll boxes lit.
- 7:55This is This is why we do what we do.
- 7:56This is awesome, man, Shouts out to everyone that watches us.
- 8:00All right, Nicholas, let's get into this one bro.
- 8:01Let's let's just start ripping. Let's get.
- 8:03Into it but first I do want to give an extreme special shout
- 8:07out to the Bitcoin company that makes this that powers the show
- 8:11and of course I'm talking about our lead sponsor and it's the
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- 9:22announce their recently launched product, which is called the
- 9:27Bitcoin wishing well and I got signed out for some reason, but
- 9:32I am fixing that really quickly. Here we go and I wanna talk
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- 10:06Bitcoin, you earn points and you can redeem those points.
- 10:10So right now I'm going to click on it.
- 10:11The Bitcoin wishing well. Let's toss a coin, win some
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- 10:35So let's redeem the 500 points. Here we go.
- 10:38Toss it in the wishing well and boom, you have a lightning QR
- 10:42code and what I'm going to do is I'm going to pull out my Zeus
- 10:46wallet and I'm going to scan it and I'm going to redeem it and
- 10:51bada Bing bada boom, I just got 500 sats.
- 10:54So there you go and you have by the way, you have an opportunity
- 10:58to win up to 2100 sats, 21,000 sats, 210,000 sats and of course
- 11:05you have an opportunity to win 1,000,000 sats.
- 11:08So it's basically like, you know, so you're literally
- 11:11flicking a coin, dropping it in the Bitcoin wishing well and and
- 11:15automatically just puts you into this type of a contest into this
- 11:18jackpot. It's really, really cool.
- 11:20So I'm going to do it one more time so that people in the crowd
- 11:23could scan the lightning QR code and you guys could get some free
- 11:27sats for you guys. So let's go to remember in your
- 11:31dashboard, go from home, you go to the reward section, you click
- 11:34on redeem, you click 500. Let's let's read this one.
- 11:38It's a new quote, Bitcoin wishing well.
- 11:41Toss a coin, win some sats. You're being transported back to
- 11:441999. And The Blair Witch Project is
- 11:47redefining horror films. By the way, love that movie.
- 11:50Enable your independence by wishing for more sats.
- 11:53It might just come true. So let's redeem those 500
- 11:56points. Let's flick the coin in the
- 11:59wishing well and boom, there's the Lightning QR code 500 sats.
- 12:03So I'm not gonna redeem this guy first.
- 12:05Serve. First come, first serve.
- 12:07You can pull up your Lightning, your favorite Lightning wallet,
- 12:10and you can redeem. Those seal these ones.
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- 12:31earn those Bitcoin well points which you can put towards the
- 12:35Bitcoin the the Bitcoin wishing well jackpot contest, which is
- 12:40absolutely awesome all right everybody, let's move on to the
- 12:42numbers lots to talk about today let's check it out here.
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- 14:21today or scan the QR code. At the time of recording the
- 14:23Bitcoin price is $70,850. We're over 70 Ki feel nothing.
- 14:30So that's per dollar 1411 block height 846,515 blocks to having
- 14:38203,485 having estimate March 22nd, 2028 total lightning
- 14:44network capacity 4740 Bitcoin capacity value 335.9 million
- 14:52U.S. dollars realize monetary inflation 1.62% market
- 14:56capitalization 1.4 trillion Bitcoin verse gold market cap
- 15:018.69%. In the grand scheme of things,
- 15:05we are just getting started. I was talking about breaking the
- 15:08Bitcoin echo chamber in the beginning of the show and I want
- 15:11to talk about this. This is the one, the only
- 15:14Michael Saylor and of course, you know, he's done a lot to
- 15:19break the Bitcoin echo chamber. He has millions of followers on
- 15:22X. He does many, many legacy media
- 15:25interviews and he's starting to do, this isn't the first one
- 15:30he's done, but I think it's the one where like this is like a
- 15:35younger generation. And I know these guys are great
- 15:37Youtubers, by the way, a big fans of their channels,
- 15:40especially Graham Stefan. I think he made his wealth and
- 15:43real estate and all that. And they have this podcast
- 15:47called the Iced Coffee Hour. And I mean, like has all the
- 15:51bells and whistles kind of like simply Bitcoin thumbnails.
- 15:55So the thumbnail says the US dollar is collapsing.
- 15:57Michael Saylor on the future of Bitcoin money and it's cut off.
- 16:00But Joe Nakamoto has a really good observation.
- 16:02Has anyone watched this? Did Sailor orange peel them up?
- 16:06Cram step fun. I didn't say that really cool
- 16:09seeing sailors speak about Bitcoin on lots of different
- 16:12mainstream finance platforms and I think that's really, really
- 16:15important. But the thing that he really
- 16:18broke the echo chamber and he really moved the Overton window.
- 16:21Take a shot, everybody. You guys know, I love how to say
- 16:23that phrase is this very simple concept.
- 16:27You shouldn't have to invest just to maintain your purchasing
- 16:31power. I'm going to repeat that because
- 16:33it's really important. You shouldn't have to invest
- 16:36just to maintain your purchasing power.
- 16:39You shouldn't have to invest just to maintain your purchasing
- 16:44power. The world has been psyopt into
- 16:47thinking that somehow it is normal that if you're a dentist,
- 16:51a plumber and you make good income, right?
- 16:55And you have some extra savings, you have to invest, that you
- 16:59have to go and have like a part time job as like, like that's
- 17:06not your specialty. You're a doctor, you're a
- 17:08plumber. Like what are you doing?
- 17:10And then what are the unintended consequences of that?
- 17:14The great financialization of everything, right?
- 17:17So you have these giant wealth management banks that all they
- 17:21do is quote UN quote, manage wealthy people's money.
- 17:25You have the premium on real estate if you're a zoomer, If
- 17:28you're a millennial, you're screwed.
- 17:30Like you're screwed. You do not have an opportunity
- 17:34to buy a piece of land, buy a piece of real estate.
- 17:37You got screwed out of that, right?
- 17:40So anyways, here is Sailor breaking the Overton window and
- 17:46you know, dropping some hot fire on the Iced Coffee Hour podcast.
- 17:51And remember, you guys know this is Bitcoiners, but this is being
- 17:54exposed to a no coiner normie audience.
- 17:58Let's check out the clip. Normally in most modern
- 18:01societies, the money doesn't break down as a medium of
- 18:04exchange. It breaks down as a store of
- 18:08value. So that means that yeah, you can
- 18:13store money for 12 to 36 months or maybe up to 10 years in the
- 18:18dollar. You can't store it for a
- 18:20lifetime. So if if you have some money,
- 18:26you can't just store the money. If you want to keep your
- 18:29economic energy, you have to gamble it or invest it.
- 18:33You have to speculate with it or you know, you work your entire
- 18:36life, you have a certain amount of retirement and now if you
- 18:39store it in the bank, it'll be worth nothing.
- 18:42So you have to go and invest it in the stock market.
- 18:44But if you pick wrong, you lose it.
- 18:46So we basically force, we force people to be gamblers,
- 18:51speculators or hedge fund managers if the money's broken
- 18:56and the money is broken. So what is the significance of
- 19:00Bitcoin? Well, let me say a different
- 19:01way. Just you just take your money,
- 19:04take everything you earn, you buy Bitcoin and you wait and it
- 19:08goes up 20 to 40% a year forever.
- 19:12Or you take your money and you invest in a bank account and you
- 19:16get 3% after tax and everything goes up 10 to 15% a year in
- 19:21price and you just get poor and poorer.
- 19:23Or what are you going to do by GameStop at the right time?
- 19:28Are you, you know, you buy a building, run an Airbnb.
- 19:31I force you to go. And forcing you to be a hedge
- 19:36fund manager is horrifically inefficient for the society.
- 19:41It's just as inefficient as saying, OK, be your own dentist
- 19:44and doctor, right? If the if the medical system was
- 19:47broken, you have to be your own doctor.
- 19:49It's not good for society. What happens?
- 19:52People die 20 years early is what happens.
- 19:55So when you have to be your own banker or be your own hedge fund
- 19:58manager, what happens is you just get poor or you lose faith
- 20:04in the in the future. If I told you your money was
- 20:07going to be worthless in 36 months, what would you do with
- 20:10it? You would spend it.
- 20:12What if I told you money's going to be worthless next Monday?
- 20:15You would go out this weekend, make a decadence weekend, and
- 20:18you would just blow it all. You would buy anything things
- 20:21you don't need. It's like if it's for sale I'm
- 20:24just buying it. So Bitcoin actually solves the
- 20:29problem by saying, well, what if you just had a money that the
- 20:31government couldn't debase, the bank couldn't steal, that would
- 20:34last forever. OK, It profoundly changes
- 20:38incentives because now a corporation, instead of buying
- 20:42back its stock or instead of dividend out, dividend out, its
- 20:45cash flows, would just keep the money and the money would go up
- 20:48in value 2030% a year. So, So that's what micro
- 20:53strategy did. Like, what's our secret, right?
- 20:56We're just holding the money and it's an appreciating asset.
- 21:02So I mean, first of all, like the elegance of Michael Saylor
- 21:06kind of explaining, you know what I simplify into a tweet,
- 21:11right? Which is you shouldn't have to
- 21:13invest just to maintain your purchasing power.
- 21:16And he intricately, surgically, strategically, just completely
- 21:22explained why that's insane. Like Opti, let's make us both so
- 21:26we can have a conversation about this.
- 21:28And it's just insane, dude. Like it's, it's absolute bonkers
- 21:34that we live in that type of world.
- 21:36And I've had some experience with high net worth individuals
- 21:40talking about Bitcoin and I see the cognitive dissonance in
- 21:44their minds, like they don't understand, they don't get it.
- 21:47They they don't get it. And they're like, oh, but real
- 21:50estate, it's crazy, like especially here in Florida, like
- 21:52Miami, real estate's like doubled like, like recently.
- 21:56And they're like, this is such a great investment.
- 21:58Whatever. And I'm like, so do you have to
- 21:59pay property tax? Yeah, You have to pay
- 22:02condominium fees. Yeah.
- 22:04What about upkeep? Maintenance.
- 22:06Yeah, You have to pay property tax on Bitcoin.
- 22:09No, you have to pay upkeep. No, Right.
- 22:12What about maintenance? No.
- 22:14Right. So what is the superior?
- 22:15What is the superior property, digital property in cyberspace?
- 22:20And I love Michael Saylor's kind of analogy or explanation on how
- 22:24he compares it to Manhattan, right?
- 22:27Which is like, look, there's only so much land in Manhattan.
- 22:30Anytime you've bought a piece of real estate in Manhattan, it's
- 22:33been a good investment. If you wait, you know, a couple
- 22:35years. Bitcoin is more scarce.
- 22:38There's only 21 million. It's estimated that around
- 22:41roughly 4 millionaire lost. There's only 1.3 left, 1.3
- 22:46million left to be mined. Do this.
- 22:49Do the math. Like do the math.
- 22:51It's it's, it's simple, right? Shout out to Foss by the way.
- 22:55Haven't seen him in a while. Hope he's OK.
- 22:57Anyways, Opti, what's your take on this brother, Bro sailor.
- 23:01Sailor dropping the fire, dude. Yeah, well, first of all, like
- 23:04you said, I love that he went on their podcasts because you know,
- 23:08there there is some great Youtubers out there outside of
- 23:11just simply Bitcoin. And we look to the great
- 23:13Youtubers that are making good content that have big following.
- 23:17And I'm, you know, I was actually surprised when I saw
- 23:20Sailor on on these guys podcast because they usually don't talk
- 23:23to like Michael Saylors of the world.
- 23:26They're usually, you know, just kind of talking to like cultural
- 23:29phenomenons, which I guess we're getting to the point where
- 23:31Michael Saylor is one of them. But to the point that you were
- 23:34saying this is really about just making savings great again.
- 23:37Like, all we want to do is save in something that doesn't steal
- 23:41from us. Like it.
- 23:41It's literally that simple. I just want to continue to
- 23:46preserve my purchasing power. Like I believe in working hard
- 23:48and providing value to my fellow man.
- 23:51And I just want to save my labor in something that isn't
- 23:53destroyed, that isn't debased. And for average people of
- 23:57average means, if you don't understand what's going on in
- 24:01traditional finance, the traditional financial world, or
- 24:04you don't understand how to invest, like you're getting
- 24:07absolutely wrecked because most people would much rather just
- 24:10save their dollars under their mattress.
- 24:12Like, I know I used to be that person until I figured out about
- 24:16Bitcoin. And like Nico, he says, then we
- 24:18figured out how, you know, how the traditional financial world
- 24:21works. And if you're a rich person, of
- 24:24course, you're OK with your assets going up in value is
- 24:27because that's how you store your value is in these assets.
- 24:30And if they increase in value, well, really, the dollar gets
- 24:34debased and you're losing purchasing power.
- 24:37It it makes you set up to be wealthier and wealthier because
- 24:41only assets are the things that are appreciating.
- 24:44But once you understand Bitcoin, and maybe I'm just, you know,
- 24:49ADIQ left side of the bell curve person where I just want to save
- 24:52in something like I want to simplify my life.
- 24:55I've also found out that it's it's very difficult to talk to
- 24:58people that are used to, you know, very complicated financial
- 25:01engineering when you're just like all you have to do is
- 25:03saving Bitcoin. Like it's literally that simple.
- 25:05Just Bitcoin and chill. Like price volatility doesn't
- 25:09affect me. I say it all the time.
- 25:10I'm just playing hungry hippo. We're playing Pokémon here with
- 25:13Bitcoin, you just got to catch all the sets you can and store
- 25:16them in custody or like a meme that our boy wine.
- 25:20I don't know if he created it or he's been propagating it, but
- 25:23once you find that Bitcoin Zen and you realize, oh, wait, all I
- 25:26have to do is work my normal job and saving Bitcoin and I don't
- 25:30have to become an investor. I can start to focus on things
- 25:33that actually improve my life, you know, like my health, my
- 25:37cash flow, my skills, my relationships with, with, you
- 25:40know, people like it's just such a beautiful life.
- 25:43When you get on the Bitcoin standard, personal Bitcoin
- 25:46standard, where you're saving in Bitcoin, your wealth starts to
- 25:49appreciate your purchasing power doesn't get destroyed.
- 25:52Like it's just, it's so simple. And when with people like Nico
- 25:56was saying, when people are so used to complicating things and
- 25:59they have to be, you know, they got to go to their job 8 hours a
- 26:02day. And then when they got, they go
- 26:04home, they got what, like an hour maybe to do some workouts
- 26:08and eat food. And then the rest of their
- 26:10nights they got to focus on whatever, you know, Jim Cramer
- 26:14saying on hard money and become investors and watch charts and
- 26:17all that. It's like, no, you don't have to
- 26:19do that. Literally work your job, save in
- 26:22Bitcoin and go do other things you want.
- 26:25Like that's the whole beauty of this Bitcoin thing is you can
- 26:28literally do more of what you want to in your life and you
- 26:31don't get stuck in the rat race. Like that's what I love the most
- 26:34about Bitcoin. The literal psychological
- 26:36effects that come after you start saving in Bitcoin is my
- 26:39favorite part. You know, Bitcoin changes you,
- 26:41you don't change Bitcoin. And we're starting to see this
- 26:44catch on. The fact that sailors on these
- 26:46kids podcasts just goes to show that the Bitcoin message is
- 26:49going mainstream and man, I didn't I didn't update it Nico,
- 26:52but how many views does it have when I saw it was like like
- 26:5450,000 views and that was dude it's.
- 26:57Like double man, it's it's it's great.
- 26:59Like, and it's just a matter of time.
- 27:00Like when Michael Saylor on Joe Rogan, when Michael Saylor on
- 27:05Joe Rogan, like that needs to happen.
- 27:07Speaking of. Joe, did you see that the, uh,
- 27:09yesterday? I forget what podcast he was on
- 27:11or which which episode it was rather.
- 27:13And he was saying something like what we say all the time.
- 27:16It's like he's like, I don't like gold.
- 27:17I've never liked gold. I don't want to save in gold.
- 27:20And so you're starting to see. I like gold dude.
- 27:22I like. Wearing gold, it's pretty.
- 27:23Physical gold. Hold a gold bar in your hand and
- 27:27it feels awfully nice. Now is it better than Bitcoin?
- 27:30No, but I'm not a not fan of it. Is it like it?
- 27:37It just becomes complex. Like if you're storing a large
- 27:40amount of gold, bro, that shit's heavy as fuck.
- 27:42Like that's just a reality. Like good luck trying.
- 27:44Are you going to go to your nearest jeweler with like your
- 27:47gold bars and you're like it, It's just it's complicated.
- 27:50I'm not going to lie. I'm I'm not, I'm not going to
- 27:52lie. It's like the analog version of
- 27:53Bitcoin. I guess you could say it's.
- 27:55Trash. Compared to Bitcoin, it's pet
- 27:57rock. Anyways guys, I do want to give
- 28:00a shout out to one of our sponsors and of course I'm
- 28:03talking about the Pleb Party that is in Nashville, TN Guys,
- 28:08you definitely don't want to miss this Bitcoin celebration.
- 28:13It's a 12 hour open from noon to midnight Pleb party in Nashville
- 28:18the day before the largest Bitcoin conference on planet
- 28:22Earth, Bitcoin 2024. The Pleb Party is the day before
- 28:25on Thursday, July 25th. You don't want to miss it.
- 28:29It's an official satellite event of the Bitcoin 2024 conference.
- 28:33Over 1000 Bitcoin plebs are expected to attend.
- 28:37Confirmed attendees include Larry Leopard, Preston Pish, the
- 28:41entire simply Bitcoin crew including Nico, Sophie, Opti,
- 28:45Ruston, John James Lavish will be there, Robert Breedlove will
- 28:49be there, Bum bum Mark Moss will be there.
- 28:51Puppy Tatum, turn up, Adam O'Brien.
- 28:54It's going to be hosted at an amazing venue, a rustic
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- 29:05sold out eight days before. Guys, you definitely don't want
- 29:09to miss the pleb party in Nashville, TN.
- 29:13It's going to be some of your favorite bitcoiners there.
- 29:16You definitely don't want to miss it.
- 29:17So if you guys want to talk to Robert Breedlove, James Lavish,
- 29:20Mark Moss, all homies of mine is a great place to to go to Pleb
- 29:26party Nashville 2024 your tickets quickly because they
- 29:29will sell out. So you can scan the QR code.
- 29:32It's working now or you could check the link in the video
- 29:35description. All right, everybody, let's move
- 29:37on to the news. The Daily News.
- 29:43I want to give a shout out to our sponsor Foundation Devices.
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- 30:35Check out the passport link in the show notes below to learn
- 30:38more. All right, everybody listen, if
- 30:42you don't take self custody of your Bitcoin, we have a word for
- 30:48you. It's called it's not your
- 30:51Bitcoin. It's just not your Bitcoin.
- 30:53It's someone else's Bitcoin. You don't want to be in that
- 30:56position like it's it's a terrible position for someone
- 30:59else to hold your wealth and your keys and your energy.
- 31:02So This is why you want to take self custody and the way one of
- 31:04the ways that you take self custody.
- 31:06I mean, you have to get yourself a hardware wallet and of course
- 31:08you recommend passport by foundation devices.
- 31:11You could pair it up with the envoy app.
- 31:12It makes spending self custody Bitcoin incredibly easy.
- 31:17Scan the QR code if you guys want to find out more or check
- 31:20the link in the video slash podcast description.
- 31:23All right, everybody. Yeah.
- 31:24Wait, wait, Nico, guys don't think about taking self custody.
- 31:27You have to take self custody. Absolutely all right everybody I
- 31:33want to talk about Winsys Caesaris so a lot of people
- 31:37don't know who he is, but this guy is an absolute Bitcoin OG
- 31:43this guy probably owns more Bitcoin than anyone on the face
- 31:46of the planet I'm. I don't say.
- 31:50Like I would say on that level. So anyways, he is the CEO of
- 31:57Zappo Bank and founded Internet Argentina, Wonco Games,
- 32:03Pythagon, Lemon Wallet, Banco Lemon Cassara sits on the boards
- 32:07of PayPal DM and Endeavor, I think is this DM the Yeah, this
- 32:13is the failed Facebook. Yeah, the Facebook, but board of
- 32:16PayPal. So obviously this guy knows
- 32:18what's going on. Anyways, so this is one of one
- 32:22of the parts that I wanted to read you guys about.
- 32:26He's widely known as Patient Zero.
- 32:28Courts reported that Casares was the entrepreneur to convince
- 32:32Bill Gates, Reed Hoffman and other tech veterans in Silicon
- 32:36Valley to invest in Bitcoin. Right.
- 32:39It's kind of a big deal. And here's the video that we
- 32:42played you guys yesterday, but here's Shamont referencing
- 32:47Wincess. But we never played you the
- 32:50Wincess video. But shout out to the channel
- 32:53Bitcoin. They do a great job like
- 32:57aggregating all like the the recent viral Bitcoin content.
- 33:01But let's check out what Shamath has to say on Wincess and then
- 33:06I'll transition to the video of Wincess.
- 33:07Let's check it out. In Silicon Valley, I would say
- 33:10really was agent 0 of Bitcoin. He was the one in 2010 that
- 33:15introduced it to me. I remember he reminded me of the
- 33:18story, actually. We were at Oren's Hummus and
- 33:21he's like, he's Argentinian, he's a great, so I'm going to
- 33:23try to copy. He's like, that's a math you not
- 33:25to buy the Bitcoin. Wensis is affectionate.
- 33:29So hold on, so this is 2021 you see?
- 33:33You see the the hair and the beard, right?
- 33:40That's wild, bro. Like why does it happen?
- 33:44Like there, there's some, there's something there like
- 33:47there's something there, there's something there that I, I don't
- 33:52quite understand right. But anyways, there's something
- 33:55to it. Anyways, let's check out what he
- 33:57has to say. Nicknamed Patient Zero for
- 34:00having introduced Silicon Valley to Bitcoin.
- 34:03So every sort of celebrity, Silicon Valley billionaire that
- 34:06you know. Was publicly in most cases,
- 34:09credited Winsys. You've been in Bitcoin for a
- 34:11long time. It's been good for you.
- 34:14Any private banker would tell you that you own too much.
- 34:17And yet both of you in the last year, I'm going to share a
- 34:19secret, have bought more Bitcoin.
- 34:21So once you go 1st and you know, tell us why.
- 34:25Here in 2021 with Bitcoin up from 10,000 to 45,000, capital
- 34:31gains rates about to go up, not a bad time to sell.
- 34:34We're buying and not selling more Bitcoin.
- 34:36I think that I am more likely to make the mistake, the opposite
- 34:43mistake, to think it's expensive when it's actually still cheap
- 34:47because I've been in it for a while and because it's all I do
- 34:52all day. And when you look at, you know,
- 34:57the trajectory of tech companies, the same thing
- 34:59happens that the people who were involved with them early sell
- 35:04too early. For some reason.
- 35:06It's harder we anchor in in it's harder to see the full
- 35:10potential, right. So if you see, you know, the
- 35:12people who the insiders who own Amazon at the IPO, how many of
- 35:16them hold today? It's almost, you know, other
- 35:19than the founder and a few other people, most of the insiders
- 35:22sold and some outsiders saw the potential better than some
- 35:25insiders. So I think I have more risk of
- 35:29the opposite. And when I look around at what I
- 35:33can do with my money, I see a lot of things where I'm not an
- 35:37expert that seem expensive, where it's equities or bonds or
- 35:41real estate all over the world. And the one thing that I do that
- 35:45every day, day in and day out, seems cheap to me.
- 35:48So why should I diversify into things that seem very expensive
- 35:51if the one thing I understand seems cheap to me?
- 35:54But before we go to Pete, can you just expound on cheap so.
- 35:59How are you? How are you thinking about?
- 36:01I think that there's going to be more upside in percentage terms
- 36:04over the next 5 and 10 years than we've seen in the last five
- 36:07and 10 years. So people anchor and they look
- 36:10back and said, Oh my God, I missed that train.
- 36:12No one has missed that train. Most people will wish they
- 36:16bought Bitcoin under half $1,000,000 and but people look
- 36:21back and said oh I missed it. No, we haven't missed it.
- 36:23What it's going to do over the next 5 and 10 years is more
- 36:26impressive, not in absolute term, but in percentage terms
- 36:29than what it did in the past. The way I think about Bitcoin is
- 36:33that it has a 10 to 15% chance of going to 0, failing and going
- 36:38to 0. But in my opinion it has a
- 36:41higher than 60% chance of being of being successful and being
- 36:44worth more than $1,000,000 in the next 10 years, more than
- 36:48$1,1,000,000 per Bitcoin. And that's very asymmetric.
- 36:53And all I have to do is keep doing what I've been doing,
- 36:56which is buy and hold that if make an analogy with the web
- 37:01with the Internet, we are in 1994 or 1998 where you had very
- 37:06rudimentary brand new browsers. You had to use your phone line
- 37:12to call the service provider that it was a very slow
- 37:15connection. Sometimes it dropped and when
- 37:17you wanted to download a picture you had you saw it downloading
- 37:21slowly and back then to imagine that you were going to be using
- 37:24the same network to do high definition video calls all over
- 37:30the world for free scene science fiction.
- 37:33It happened, but we had to wait 3 decades and I think that's
- 37:37where we are today in in Bitcoin and that's why you can buy it
- 37:42for $50,000 instead of 5 million.
- 37:44Of course, a lot of of these investors will have to wait
- 37:47until this is all much further along to to buy it, but it will
- 37:50also be a different price. So, and I think it's just
- 37:55perfect kind of connection to Shamat, right?
- 37:58Because Shamat has his thing, but what is the root?
- 38:03Like what brought Shamat to that point?
- 38:05It was this guy and you can tell this guy, you can just tell
- 38:09guys, I've been in Bitcoin eight years, OK, someone who's been in
- 38:13Bitcoin a decade, so only two more years than me.
- 38:17They have a significantly longer beard and they give twice as
- 38:22they they just don't give a fuck.
- 38:24They just don't care, right? I've seen the, IT just, it's
- 38:27this facial expression, it's this thing, it's this.
- 38:30There's something about spending time in the Bitcoin rabbit hole.
- 38:34The more you spend it, the more Eureka moments and realizations
- 38:38you come to about society, your relationship between you and the
- 38:43state, how human society is going to potentially reorganize
- 38:47itself. You become a freedom absolutist,
- 38:50like I would say to the point of radicalism.
- 38:54And I could just tell, like I could just tell by the way he
- 38:59carries himself, the way that he was speaking, that you know,
- 39:03this you're, you're looking at a bitcoiner, right?
- 39:05He's like, look, like all I know I need to know is just buy and
- 39:08hold. And he's like, but isn't it
- 39:09expensive? He's like, no, this thing's
- 39:10going to keep on going to the moon.
- 39:14The thing that he said, he had a little bit of a Freudian slip.
- 39:17Like, he's like, yeah, this thing's probably going to hit to
- 39:19a million. However, people are going to be
- 39:22bummed out, you know, when they had an opportunity to buy that
- 39:2550,000, even though it's at 5 million, you know, And like,
- 39:27that was a Freudian slip. Like, he didn't meant to say
- 39:29that, right? Like he was calculated with the
- 39:32kind of $1 million thing that he was throwing out there.
- 39:36So yeah, I mean it it's it's very interesting.
- 39:39This guy is one of the Bitcoin O GS orange pilled Silicon Valley.
- 39:44And you know, this guy has a ridiculous amount of Bitcoin,
- 39:48but he's very low key about it. He's not very upfront about it.
- 39:51He's extremely low key. But but yeah, man, it's pretty
- 39:55crazy. Opti, what do you think, dude?
- 39:57I mean, I like that video 100 times better than the video with
- 40:01Chamat and personally just because like dude.
- 40:05That guy, that guy, you know, that guy does things.
- 40:11Yeah, yeah, yeah, That guy asks for sure, man.
- 40:16Well, first my first thought is like 2010, I, man, I wish I knew
- 40:20about Bitcoin like I do today, in 2010, then I wouldn't have
- 40:24gone to college and, you know, I probably wouldn't be as smart as
- 40:28I am today. And then it's not that college
- 40:30taught me how to be smart, As you guys know, I'm a philosopher
- 40:33by trade, at least by schooling, and it taught me how to think.
- 40:36So I had to do all that to get here.
- 40:38But in 2010, I could have not gone to college and just stacked
- 40:41in Bitcoin and men, Yeah, life would have been a lot different.
- 40:44But I really do like this take as well because it it's
- 40:48something we kind of say a lot and we probably glossed over it
- 40:51too much. But like every one of us, you
- 40:53know, Nico, myself, everyone in the chat, like we're so obsessed
- 40:57with Bitcoin day in and day out that sometimes it's hard for us
- 41:01to zoom out from the trees to the forest and, and we forget
- 41:05that most people don't understand Bitcoin at all.
- 41:08And really Bitcoin I think is relatively unknown, at least
- 41:12like what Bitcoin Maxi's talk about.
- 41:14Like the the reason why we Bitcoin.
- 41:16I think a lot of people still don't know the simple question
- 41:19of what is money. And I know a lot of you guys
- 41:22don't even talk to normies anymore.
- 41:23But like, if you do talk to them, they either have like 2
- 41:28takes on Bitcoin, either they think you're an idiot or they
- 41:32have no idea what Bitcoin is. And even when I talk to people
- 41:35that, that, you know, I, I would consider friends that are still
- 41:37kind of like my friends back home, they still, they, they
- 41:40still think I'm an idiot because I'm a Bitcoiner.
- 41:42And then when I talk to like normies and, and average
- 41:44everyday people and I say Bitcoin either goes completely
- 41:47over their head or they're like, oh, you're a bitcoiner And they
- 41:49try to like troll you. And you're like, OK, like
- 41:51you're, you're, you just don't get it yet.
- 41:53And that's how I know we're still early.
- 41:55Like I fully believe we're still early.
- 41:57Yes, Bitcoin is at 70 K and yes, bit AT70K.
- 42:01You know, one coin is probably more than most people's
- 42:04salaries, but I still believe that there's going to be extreme
- 42:07upside. Like I still kind of use the
- 42:11meme of Hal Finney, which like was I think it was like weeks
- 42:14after Bitcoin network was deployed where he just throws
- 42:18out like $10 million per coin. And you know, he's saying one
- 42:22million the next couple of years, like 10 million or 70K to
- 42:2610 million. Like if you don't think that's
- 42:28extreme upside, like I don't know what world you're living
- 42:30in. If you are playing traditional
- 42:32financial games, you do not get those kinds of returns.
- 42:35Yeah, you can go gamble on shit coins or try to join the game
- 42:38pump, but like, you're going to get rug pulled.
- 42:41And This is why just staying humble, stacking sad, saving in
- 42:44Bitcoin, getting your skills up, getting your cash flow up and
- 42:47saving in Bitcoin is the ultimate life hack.
- 42:50And then eventually maybe you can grow long hair and a beard.
- 42:52Unfortunately for me, I can't grow a beard so I will always.
- 42:56Be Bitcoin when Bitcoin hits $1,000,000.
- 42:58I don't think so. My dad can barely grow mustache.
- 43:02Like it's just not, it's not going to not going to go down
- 43:05that way. But the point remains the same.
- 43:08And I think I say this all the time.
- 43:09I say at least once a week, but I am fully convinced that any
- 43:13amount of sats that you hold today into the long term will be
- 43:16a substantial amount of wealth. And that's the whole point of
- 43:19the game is that's why I say play Hungry Hippo with Bitcoin.
- 43:22You just want to continue to accumulate.
- 43:25The name of the game is accumulation.
- 43:27Make sure you are constantly saving in Bitcoin.
- 43:30Remember your Bitcoin ABC's always buy consistently.
- 43:34You want to continue to buy Bitcoin.
- 43:36This isn't about just buying Bitcoin one time and you know
- 43:39you're going to get rich overnight.
- 43:41This is about preserving your purchasing power, preserving
- 43:43your labor, your blood, sweat and tears and something that
- 43:46cannot get destroyed, that cannot get the base.
- 43:48And that's what Bitcoin is. And over time, maybe you can
- 43:51also look like Bitcoin Jesus, like or Argentinian Jesus over
- 43:55there, like Nico with his beard. But unfortunately for me, I
- 43:58can't grow a beard. So, you know, it is what it is.
- 44:01I I'll have to stay clean cut over here, Nico.
- 44:03But yeah, man, I, I fully believe that we are still early.
- 44:07Like I think, I think the latest metric that I saw is there's
- 44:11like about 500 million crypto holders in the world.
- 44:15And I would venture to say that a small portion of that are like
- 44:19ardent Bitcoiners that know exactly what they're holding.
- 44:22And even if you use that 500 million number, there's 8
- 44:26billion people in the world, that's still a small fraction of
- 44:28where we are going. And we still have a long time
- 44:31for this adoption of Bitcoin to play out.
- 44:34So I think, I think we're going to start seeing some fireworks
- 44:36soon, Nico. And then then 10 years, we're
- 44:39going to be like, remember when we were wondering where Bitcoin
- 44:41was going? And now it's a ridiculous
- 44:43amount. And here we are, living a
- 44:45beautiful life in our citadels. Amen to that.
- 44:48Amen to that. All right, everybody.
- 44:50I do want to give an incredible special shout out to our sponsor
- 44:54and of course I'm talking about the orange pull up.
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- 45:23So if you move to a new city, if you're traveling, download the
- 45:27orange pill app. It will literally show you the
- 45:29bitcoiners that are near you. This is the best way to reach me
- 45:33directly. Send me Adm on the orange pill
- 45:36app and you know I'll get back to you over you know it's I I
- 45:40literally try to get back to you within a week and we can have a
- 45:43conversation. Ask me whatever you want.
- 45:45So download the Orange Pill app today, say scan the QR code or
- 45:49check the link in the video description.
- 45:51Stack friends who stack SAT's. All right, everybody, let's hit
- 45:55the culture. The daily culture.
- 46:05All right everybody, we also want to tell you about our
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- 47:17All right, man, I am so excited about today's culture segment.
- 47:20I've been hearing you guys in the comments.
- 47:22You got to give the people what they want.
- 47:24And I hear you guys, right? So we're dedicating the entire
- 47:28culture segment because memes are so important.
- 47:31They're integral in Bitcoin, right?
- 47:33They just, they're just Bitcoin and memes, they go hand in hand.
- 47:37So we're dedicating this entire culture segment to memes, and
- 47:41Opti's prepared something. For you guys.
- 47:43So I got a little presentation here.
- 47:45I got a little presentation here guys.
- 47:47So bear with me and then we'll get into the meme review.
- 47:50But before I get into the meme review, Nico, I, I do want you
- 47:53to chime in. So I again, I do have a little
- 47:55presentation here. So as you guys know, we say this
- 47:58every single day. If you showed up to the show a
- 48:01couple of times, maybe recently on the Fridays, you might have
- 48:04missed it, but we say it probably every single time.
- 48:07We're talking about all the things we talk about in Bitcoin,
- 48:10whether it's the censorship of information, whether it's the
- 48:13censorship of transactions, whether it's Bitcoin in politics
- 48:16lately, we always kind of revert back to a very simple meme.
- 48:20And it's that we're living through the narrative trench
- 48:23warfare on the battleground of the Internet.
- 48:25And it's our duty here. You guys watching our duty here
- 48:28on simply Bitcoin is to win over the hearts and minds of the
- 48:31individuals to get them on the mission of freedom through
- 48:34taking Bitcoin into self custody.
- 48:36Oh wow, look, I spelled remember wrong.
- 48:38Anyways, remember, everything is memes, guys.
- 48:41It's memes all the way down. And memes are powerful if it's
- 48:45based in truth. And the reason I want to say
- 48:47that that sentence of memes have power if it's based in truth,
- 48:50because I'm going to show some examples of the powers that be
- 48:53trying to meme and they're just absolute garbage.
- 48:56And it's trash and just doubling down.
- 48:59Like we learn through memes. I know a lot of people think
- 49:01memes are childish. It's like, oh, you're just
- 49:03putting words to pictures. But again, it's memes all the
- 49:05way down. Like we've been learning through
- 49:07memes since literally we started to speak in languages.
- 49:11Like this is how you learn is through memes.
- 49:14Yes. You know, you could read big
- 49:15books. Even big books are memes in my
- 49:17opinion. But if you can, yeah, exactly.
- 49:20If you can distill information into a bite size meme, then you
- 49:25can propagate that information far and wide and then people
- 49:28will understand what you're talking.
- 49:29About the more and the more information you can condense
- 49:32exactly into a bite size, the more potential for its virality
- 49:38because the more people it's going to connect with, right?
- 49:42Think about it this way, right? Our live show is an hour and 15
- 49:46minutes long. There's only so many people that
- 49:49are going to watch an hour and 15 minute long show.
- 49:51However, our originals, the, the, the content that you that
- 49:55we make for you guys with Ruston are a lot shorter.
- 49:58There's a lot more people that are willing to watch a 10 minute
- 50:00show, right? So do you have to understand
- 50:03that memes are literally this tiny, tiny, tiny, tiny
- 50:07condensed, all this information condensed, condensed in this
- 50:10image that's also going to make you laugh as well.
- 50:14Like, think about that, right? That's why they're so popular.
- 50:19That's why they're unstoppable. And Opti kind of buried the lead
- 50:22there a little bit. I'm going to reference it.
- 50:24And look, if, if memes don't have the common denominator of
- 50:30truth, then they aren't funny. They, they, they don't make
- 50:35sense. They, you don't understand them,
- 50:37you don't get them. They have to have the common
- 50:39innate area of truth because that is what you're sharing in
- 50:42common with the millions of people that are seeing the meme
- 50:45for the first time. And the the only way they'll
- 50:48they'll understand it is if it's based on reality, if it's based
- 50:51on truth, if it's not based on truth, then you're just like,
- 50:54that's not funny. That doesn't make sense.
- 50:56Facts, facts. And I do want to read this
- 50:59comment here. Shouts out to Lou Ferringo.
- 51:01I really like this. He goes memes have to be true
- 51:03because it takes a paragraph to lie.
- 51:05That's your first clue. It's propaganda.
- 51:07That's why Niko's saying if you can distill the truth into a
- 51:10meme that will go viral. And then shouts out to my boy
- 51:14Brandon cuz he said this one time to me like a year and a
- 51:17half ago and it's just stuck with me.
- 51:20What gets repeated gets remembered and what gets
- 51:23remembered gets repeated. And that's why memes are so
- 51:25powerful. So propagate the memes.
- 51:27And moving forward, I did go to know your meme just to give you
- 51:31like, I don't know, I wouldn't say a dictionary definition of
- 51:34what meme is, but I really like this definition here.
- 51:37So it goes. What does it mean?
- 51:38Defining a meme isn't as easy as you might think on the most
- 51:41basic structural level. Some might define memes as
- 51:43anything that spreads virally online.
- 51:45This is true, but it only covers the online aspect, meme culture.
- 51:49In reality, the term meme is far more broad, encompassing just
- 51:52about anything that spreads, spreads through human
- 51:55interaction, whether online or not.
- 51:57Again, everything. It's memes.
- 51:59It's memes all the way down. But I really like this one.
- 52:01The term meme, derived from the Greek word mema, meaning
- 52:05something imitated, was coined by evolutionary biologists and
- 52:09author Richard Dawkins in his book The Selfish Gene, which
- 52:12focuses on the importance of self replication in the natural
- 52:15selection. Again, what gets repeated gets
- 52:18remembered. Memes have power.
- 52:20If it's based in truth, everything is memes.
- 52:22It's all memes all the way down. And then before I go into some
- 52:27of the memes that we saw the powers that be try to, you know,
- 52:31propagate, let's just talk about some of the powerful Bitcoin
- 52:34memes. Of course, proof of work.
- 52:35I stayed all the time. Proof of work is a lifestyle.
- 52:38You want to prove your work. Everything has work going into
- 52:41it. There's no such thing as a free
- 52:42lunch. I think we all know this stuff,
- 52:44but Bitcoin has encapsulated that.
- 52:46Or at what Sailor say, you know, encrypted it in cyberspace.
- 52:49The next one, don't trust verify.
- 52:52They want you to just trust them.
- 52:53Guys, remember that you have critical thinking still use your
- 52:57brain. You have a supercomputer in
- 52:59between your ears. Don't trust verify.
- 53:02Of course, the 21 million meme of the hard cap of Bitcoin.
- 53:05This is why we do what we do is so that they stop debasing our
- 53:08purchasing power. It's so simple. 21 million hard
- 53:11cap. That's probably one of the most
- 53:12important memes in Bitcoin. Again, shouts out to our boy
- 53:15O'dell. Stack sats and stay humble guys.
- 53:17It's a game of hungry hippo. Just stack sats.
- 53:19The name of the game is accumulate Bitcoin.
- 53:21Don't over leverage yourself. Don't get crazy when you when
- 53:23you feel that urge to start getting into games of financial
- 53:27trickery, remember that, hey, maybe we're in that part of the
- 53:29bull run where I should stay humble or shout out the canoe.
- 53:33Infinity divided by 21 million or I should have added here.
- 53:36It's going up forever, Laura. They can print dollars till
- 53:40Infinity and they will only ever be 21 million Bitcoin.
- 53:43All of those dollars will eventually have to get repriced
- 53:46into Bitcoin. This might take a long time, but
- 53:49this is the meme Infinity divided by 21 million or some
- 53:52other ones that I love running out guys, Bitcoin is software.
- 53:56Run the software for yourself. Verify your own transaction so
- 53:59you don't have to trust so you can verify see all the memes
- 54:03they go into each other. And then of course, the meme of
- 54:05self custody. Guys, take self responsibility.
- 54:09Become your own bank, hold your property yourself.
- 54:12Stop trusting other people. Stop trusting middleman with
- 54:15your money. OK, I gave you some Bitcoin
- 54:18memes. Now let's just kind of go into
- 54:20some of the stuff we've been seeing coming out of the powers
- 54:22that be. And here's Nico.
- 54:24You know, we saw what's her name, Ursula Vanderlaying or
- 54:28whatever her name is. And I I'm just going to do we're
- 54:30not going to play the videos. I just want to show examples,
- 54:33but I love what Nico said here. It terrifies them that they can
- 54:36no longer control the narrative through gatekeepers.
- 54:38In the information age, everyone has the ability to build a
- 54:41platform. We are winning.
- 54:43And I would just add in the information age, everyone has
- 54:46the ability to make memes, propagate the memes guys.
- 54:50This is why they are so terrified is because they cannot
- 54:53control the narrative. When you destroy them with a
- 54:57meme, it's literally like a David and Goliath.
- 55:00You know the great Leviathan is Goliath and we just slingshot
- 55:03some memes and we just destroy their trillion dollar meme
- 55:06campaigns against. That.
- 55:08This is the best one. By the way, this is real.
- 55:10This is the Financial Times, ladies.
- 55:12AKA the Fiat times. So for the audio listeners, I'm
- 55:15on the Fiat time, the AKA the Financial Times.
- 55:18And this came out a little while ago.
- 55:19And this is opinion, opinion on Wall Street.
- 55:21And it goes, hey guys, let's all please stop calling dollars Fiat
- 55:25money. Currencies are not memes that
- 55:27only have value because governments say they do.
- 55:31Well, sorry for you guy here, Brendan Greeley.
- 55:35Look at what the literal definition of what Fiat means
- 55:39guys, and I'm on Merriam Webster right here.
- 55:41Fiat, it's a noun in authoritative or arbitrary
- 55:44order, a decree in authoritarian determination, a dictation, a
- 55:50commander act of whale that creates something without or as
- 55:53if without further effort. Literally that is what money is.
- 55:57That's what your pick green currency debt IOU is it's
- 56:01literally Fiat. It's money by decree.
- 56:03And that's one of the strongest memes we're seeing in the world
- 56:06right now is that people think that the government is the only
- 56:09one that should have the power to tell you what money is or
- 56:11another one. This one is great.
- 56:13You know, I'm over here on the New York Post funny stories
- 56:16little side bit. My sister sent me some Instagram
- 56:19real about New York Post and I responded of like I literally
- 56:23don't believe anything the New York Post believes.
- 56:25But this is pretty crazy and she just laughs.
- 56:27She doesn't understand anything I say in regards to all this
- 56:30stuff. But anyway, how's this headline?
- 56:32Bitcoin fans are psychopaths who don't care about anyone.
- 56:35Study shows, hey, experts say that you don't care about anyone
- 56:39in your psychopath. What are the other things they
- 56:41call us? Financial illiterates and
- 56:43whatever. I don't even remember all the
- 56:44stuff they called us. Anyways, it's not just in
- 56:47headlines. It's not just written words.
- 56:49We've seen that the central bankers themselves have started
- 56:52to make video memes, AKA shorts or tick tocks or whatever you
- 56:55want to call them. Here we got Christine Lagarde.
- 56:57She's putting her hat in the rink and making shorts.
- 56:59And look at Bitcoin Becca in the comments.
- 57:01I know, this one's so good. I thought that actually she's
- 57:04feeling it. This is what we're talking
- 57:05about, guys. Like she's posting this serious,
- 57:08this serious thing, Opti's ex-girlfriend.
- 57:10And then like Becca's like I'm here to enslave us, right?
- 57:13So good day to everyone. Oh, and then this one.
- 57:16You know more. Right, like you pay a carbon
- 57:18tax, attacks fuel and more green taxes, and are banned from using
- 57:22oil and gas to heating your homes, but I fly around the
- 57:26world in my private jet that you pay for like that is that is
- 57:30mimetic warfare. This is narrative trench warfare
- 57:33on the battleground of the Internet.
- 57:35This is 20 1st century warfare. This is information warfare.
- 57:41This is what it's about. And remember, you don't need a
- 57:45big account. Anytime a central banker, a
- 57:47politician, whatever, they go on and they take any type of anti
- 57:52Bitcoin stance. You go in there and you troll
- 57:55the shit out of them. Ridicule is one of your most
- 58:00potent weapons. I was going to say that these.
- 58:04You know, against these these demons, these monetary demons
- 58:07anyways. Yeah, and on that point, here's
- 58:11a Jay Powell making videos in shorts and just getting
- 58:15absolutely ratioed. And again, another great tweet
- 58:19by Nico is just this is narrative trench warfare, guys.
- 58:21Words are powerful. Remember, at first, there was
- 58:24the word first there was memes. It's memes all the way down.
- 58:28It's always memes. It will always be about memes.
- 58:30Propagate the memes, propagate the truth.
- 58:32And here is when we're going to start getting into the meme
- 58:36review. And just so wrapping this up,
- 58:37and I'll give Nico floor and then we'll go into the meme
- 58:39review. You are a frontline soldier in
- 58:41the narrative trench warfare guys.
- 58:43Our weapons, our metaphorical weapons are the medic power of
- 58:46truth. And tweets are bullets and memes
- 58:48are the heavy artillery guys. And one of the constant memes
- 58:52that I'm seeing in real time get destroyed is the meme of trust,
- 58:56trusting institutions in academia and the experts because
- 59:00they have your best interests in mind.
- 59:02And I think we're seeing in real time that that the power of that
- 59:06meme is starting to crumble. And people are starting to
- 59:09question whether the institutions even have
- 59:11legitimacy. Are they out here really with
- 59:14our best interests in mind? Or are they working for lobbying
- 59:17groups and is, you know, the financial institutions, the
- 59:21media wings, the entertainment wings, the bureaucrats.
- 59:25Maybe they're just, you know, hired hitman and mouthpieces for
- 59:29the powers that be. And maybe this is crumbling in
- 59:32real time and you know, a guy with 1000 followers on Twitter
- 59:36and a meme is literally destroying their trillion dollar
- 59:39propaganda. I don't know.
- 59:41From what I'm seeing, it looks like the power that they had to
- 59:45monopolize the narrative starting to crumble.
- 59:47And remember, I should have brought up Naive Buchelli's
- 59:49article. Don't drink the elites kool-aid.
- 59:52We even have president saying the same thing.
- 59:54So guys, on that note, go forth and meme.
- 59:56It is your duty to meme. Propagate the truth, propagate
- 1:00:00the memes. Ridicule the powers that be.
- 1:00:02Shame is a powerful tactic. Combat the fake news, lies with
- 1:00:06truth and memes. Spread the Bitcoin memes.
- 1:00:09Make sure people know why we do what we do.
- 1:00:12And this is how we win. As we say all the time, we're in
- 1:00:15the narrative trench warfare on the Internet to win the hearts
- 1:00:17and minds and the masses, you know?
- 1:00:20Some people you can just you can just, you know, drop a HFSP on
- 1:00:23people. You can just tell people have
- 1:00:25fun staying poor. You can try to educate them with
- 1:00:27memes. It's up to you what route you
- 1:00:30want to take, but memes have power.
- 1:00:32And on that note, Niko, you want to jump in here before I before
- 1:00:34I jump into the. Meme review.
- 1:00:35This is absolutely excellent. Let's let's transition straight
- 1:00:39into the new review. Let's bring them up.
- 1:00:41And I got some memes here. Let's start reviewing some memes
- 1:00:44and then we'll give them scores by.
- 1:00:46The way, guys. If you are new to the meme
- 1:00:48review, the way that it works is Opti will show five or six
- 1:00:52memes. We're going to go through them
- 1:00:53at the end. Opti and I are going to give
- 1:00:55them a score. But guys, be part of this so you
- 1:00:59guys can give a a score to the memes live on the show.
- 1:01:04And if you put it in the chat, we will pull it up and we will
- 1:01:07read it live on air. Yeah, the chat.
- 1:01:11Yellow island, Yellow island. All right, All right.
- 1:01:13Anyways, anyway, OK, this is the meme review.
- 1:01:18We're doing a little, you know, adjusted meme review for you
- 1:01:20guys today, give you the context of the memes because it's been a
- 1:01:23while since we've done the power of the memes here.
- 1:01:26And we just go straight into the meme review and there's new
- 1:01:28people showing up every day and the O GS are yelling at us
- 1:01:31because we don't do the meme review every once in a while.
- 1:01:34But the memes will never leave. Anyways, you are frontline
- 1:01:37soldiers in the Internet. You said this 1000.
- 1:01:41Let's jump into it, Opty. Let's jump into it all.
- 1:01:44Right memes with bullets. Whatever.
- 1:01:47Drop your meme. You score in the chat as I cover
- 1:01:49these. All right, first one is by our
- 1:01:51boy American Huddle. And before I share the picture,
- 1:01:53he goes. Allow me to present the most
- 1:01:55important meme in Bitcoin. Study this meme, unravel its
- 1:01:58secrets. Laugh at first not realizing the
- 1:02:01cosmic horror that awaits you. Then tremble as you realize
- 1:02:05those who have huddled hard have seen its prophecy come true.
- 1:02:09Only the strong survive and this kind of goes into what we
- 1:02:12covered in the news and here we go.
- 1:02:14Here's a guy you know, then Bitcoin hits $1000 and then
- 1:02:18later Bitcoin crashes at $10,000 and he's freaking out.
- 1:02:21The noob's like no big it's over.
- 1:02:23You know all the Bitcoin obituaries, Oh my God, it's so
- 1:02:25over. And then still later Bitcoin
- 1:02:27plummets to just $100,000. This is what we will be probably
- 1:02:32in a year. Way guys, that's a toy gun.
- 1:02:34That is not I didn't even say. That party guy, I didn't, I
- 1:02:37didn't say that part. I did not even say that part.
- 1:02:39It's a. Cartoon.
- 1:02:40Furthering on the memes and the mimetic power of memes shouts
- 1:02:43out the BTC Padre and he goes good night.
- 1:02:45Remember, not your keys, not your cheese.
- 1:02:48And we got the classic meme of the girl like that.
- 1:02:51You know that that MF her is not real.
- 1:02:54But we've updated this for the Bitcoin memes and she goes I'm
- 1:02:58telling you right now, those bitcoins on Blackrock's balance
- 1:03:01sheet are not effing real. Those are.
- 1:03:04Fake. Bitcoin they are captured
- 1:03:06Bitcoin. Do not buy a Bitcoin ETF, buy
- 1:03:10the real. Alright, this next one is by the
- 1:03:12BTC breakdown and this one hilarious.
- 1:03:14I I love this. I actually when I did this I
- 1:03:16thought this was the guy from the office.
- 1:03:18I'm blanking on his name right now.
- 1:03:21Anyways, anyways, he goes, yeah, Steve Carell thought that's
- 1:03:23Steve Carell, but it's not. He looks a little more Mexican
- 1:03:25here. But anyways, he goes, I lost it
- 1:03:28all in a boating accident. And then he fakes cries and he's
- 1:03:30fake crying, and then he looks over.
- 1:03:32It's like, wait, are you believing that I lost my Bitcoin
- 1:03:35in a boating accident? Oh, man, it's gonna.
- 1:03:37Yeah, I'm only gonna stay. You already know where I'm
- 1:03:39headed. All right, this next one by Our
- 1:03:40boy by Kingo, AKA at By Kingo Bitcoin Nine.
- 1:03:43He goes, hashtag BTC. And actually, let's go back to
- 1:03:46this one. He's the same meme in different
- 1:03:50form. And here we got by Kingo.
- 1:03:52You know, he loves cats. He's a he's an Internet cat and
- 1:03:55shouts out to the cats in the chat.
- 1:03:57And you see this cat freaking out, you know, going, why is
- 1:04:00Bitcoin going down? And you can see it's literally
- 1:04:03going parabolic. And then it's just got like a
- 1:04:05little downturn and everyone freaks out.
- 1:04:07It's like it's, it's over, guys. It's so over.
- 1:04:10I knew Bitcoin was a scam. I knew it was gonna explode.
- 1:04:13It's going to 1K or whatever the meme was of it's going to 10K.
- 1:04:19It's going on forever. All right, this next one is by
- 1:04:21BTC Facta banks on Twitter. And I like this one.
- 1:04:25This one's hilarious just considering all the stuff we're
- 1:04:28seeing in the political arena right now.
- 1:04:31And this is the classic Simpsons one.
- 1:04:34So we got the class looking back at Bart and it goes stay the
- 1:04:37line Trump or stay the line Bart.
- 1:04:39And then they put the Trump hair on Bart and he goes Bitcoin and
- 1:04:42everything like let's go. Oh, that's exactly how it feels,
- 1:04:47actually. You know, Yeah, this one should
- 1:04:48maybe be updated and maybe maybe I forgot what his name is.
- 1:04:52Maybe it should. This should be Trump, and then
- 1:04:54this one should be Biden. And it's like, say the line.
- 1:04:56Say the line. Biden is like Bitcoin.
- 1:04:59OK, Anyways, Anyways, too political.
- 1:05:00Too political. All right, we're doubling down.
- 1:05:02We're doubling down. Shouts out the skinny XBTC on
- 1:05:06Twitter. And we got Trump, you know, on
- 1:05:09his limo phone and he's contemplating life and he's
- 1:05:13making deals, the art of the deal.
- 1:05:15And he goes, yes, trial was good, now go all in on Bitcoin.
- 1:05:19I don't care about the price, just buy it.
- 1:05:22This might have actually happened, who knows?
- 1:05:24We don't know. All right, this next one, it's a
- 1:05:26little it's a little more words than just pictures, but again
- 1:05:29it's. Ball games.
- 1:05:30It's a meme bro. It's still a meme.
- 1:05:32I know it's. All meme, all memes all the way
- 1:05:35down and Shahzad to Balaji. He's been doing some great stuff
- 1:05:38on Twitter. I highly recommend you follow
- 1:05:40him. I think he's dropping a lot of
- 1:05:42good signal on Twitter about where we are right now, what
- 1:05:46he's seeing. You guys can say what you want
- 1:05:48about Balaji, but his Twitter game has been on point recently.
- 1:05:51Anyways, Balaji goes, Ron Paul thinks the next crisis could get
- 1:05:55gnarly, and this was posted May 25th, 2024, but he's quoting Ron
- 1:06:00Paul on May 13th, 2024. And it goes, the next economic
- 1:06:04crisis will likely result in a rejection of the dollar's world
- 1:06:07reserve currency status. Congress will be forced to make
- 1:06:10drastic cuts in spending while the Fed will be enabled to
- 1:06:14monetize the debt. This will result in massive
- 1:06:17public unrest, potentially resulting in violent skies.
- 1:06:21And This is why we tell you here, constantly protect
- 1:06:24yourself. Make sure you are stacking sets.
- 1:06:27Make sure you are building communities around yourself.
- 1:06:31You know make sure you are getting some Pew pews so if shit
- 1:06:34does hit the fan you are in a good position to protect
- 1:06:37yourself. Make sure you are buying some
- 1:06:40good food. Get your refrigerator freezer
- 1:06:42stocked with some meats. I just recently bought some KNC
- 1:06:46cattle beef. I'm absolutely thriving over
- 1:06:49here. Anyways, drop your main review
- 1:06:51in the chat as we cover ours live and I I I'm going to start
- 1:06:55first Nika all right shouts out to Rustin because I still
- 1:07:01haven't sent this back to him. So this is my meme review for
- 1:07:03the day it's Rustin shirt, the Satoshi Nirvana shirt that he
- 1:07:08left in Montreal. I'll I'll get it to you soon
- 1:07:11bro. I just I I completely forgot I
- 1:07:13need to ship some stuff. Out.
- 1:07:14I'm going to give it a come on, focus.
- 1:07:17You could do this. Put your hand.
- 1:07:19Put your hand in front. Put your hand behind it like.
- 1:07:23All right, Yeah, United, United. Like, like, like that frame.
- 1:07:28There you go. Yeah, there you go.
- 1:07:29United, we are fed up with the system, and it's supposed to be
- 1:07:32like the Federal Reserve. But anyways, good sticker.
- 1:07:35Good sticker. Yeah, see.
- 1:07:36Look, Elaine gets it. Poems or memes that put pictures
- 1:07:39in your head? Exactly.
- 1:07:40Like they make the best stickers.
- 1:07:42All right, let's get to some of the meme scores.
- 1:07:46Optic Q, the epic music board for war.
- 1:07:50All right, 1st meme by Torah Paddle.
- 1:07:54All the memes from the future now.
- 1:07:56Instant munification. Very, very nice.
- 1:08:00All right, next one by Elaine. Gold is cold, 5000 years old.
- 1:08:04The fakes in Fort Knox are riddled with mold.
- 1:08:06Bitcoin can't rot. It can't disappear.
- 1:08:09Say goodbye to Gold. Your end is near.
- 1:08:11Woof. All right, Rich.
- 1:08:13BC 99, the percentage of Berkshire, Yeah, that was in
- 1:08:182015 again. Did you see that it?
- 1:08:20Popped up instantly. If you would have bought I think
- 1:08:22like $500 in it you it would have been crazy.
- 1:08:25Dude nuts. OK meme score Mclovin stack this
- 1:08:28this cheap sub 500K Bitcoin while you can.
- 1:08:31Let's fucking go. This snot gives the meme score
- 1:08:36motion to rename the show Memes and Mestizos SPI give the memes
- 1:08:43and quote it's optis all the way down and quote.
- 1:08:46Thank you for letting us finally blow out Meme Lord Nico.
- 1:08:50I don't I don't get it, but I'll take it.
- 1:08:53Next score is by Phil Phillip Rizzo, Free Opti and Bring Back
- 1:08:58the Daily. Meme do it, turn it back more
- 1:09:00into the show. The meme review takes up too
- 1:09:02much time. Oh man.
- 1:09:03One more value in the show. All right.
- 1:09:05Do we have any on Rumble? I'm not seeing any.
- 1:09:08We don't see any rumble and of course it's the buzzer.
- 1:09:13It's not because we run out of scores or anything.
- 1:09:15Anyways, guys, if you guys enjoyed the show, smash the like
- 1:09:17button. Consider subscribing if you feel
- 1:09:19like we provided you Valley, we love you.
- 1:09:21We got we wouldn't be here without you and the meme review
- 1:09:23is never going away from simply Bitcoin, so we will continue to
- 1:09:27squeeze it in every so episodes and that just makes it that much
- 1:09:30more special. Wait wait wait wait, we might
- 1:09:32get 2 meme reviews this week guys so.
- 1:09:36Hey anyways, I'm your host Nico. This is my legendary Co host
- 1:09:40Optimus Fields. We are Simply Bitcoin, and we'll
- 1:09:42be back tomorrow for a brand new episode of Simply Bitcoin Live.
- 1:09:47Episode was brought to you by bitcoinwell.com on a mission to
- 1:09:51enable independence.