Latest / Simply Bitcoin / BREAKING: Binance Integrates Bitcoin's Lightning Network | EP 782

Transcript

BREAKING: Binance Integrates Bitcoin's Lightning Network | EP 782 · Simply Bitcoin

0:12
Yeah, we're going to submit the coin.
0:14
Live with your number one source for the peaceful Bitcoin
0:17
revolution. Cover breaking news, culture,
0:18
dramatic warfare. We will be your guide through
0:21
the separation of money and state.
0:23
Today is a very big day. One of the large no, not one of
0:29
the the largest Bitcoin and altcoin exchange in the world,
0:34
financed by volume. Has just finished integrating
0:39
the Bitcoin Lightning Network. This is a huge deal.
0:42
Not because you know, we're a fan of altcoins on this channel.
0:44
You guys are listening to simply Bitcoin.
0:46
After all, we're a Bitcoin only channel.
0:50
But because this is going to force other exchanges to follow
0:54
suit, right? You know that we know that when
0:56
Pierre Rashard was at Kraken, he was responsible for
1:00
incentivizing or pushing them. To integrate the Lightning
1:03
Network into Kraken. So the fact that you have the
1:06
largest, I hate using this word, but I'm going to have to crypto
1:12
exchange on the face of the planet.
1:15
Integrating the Lightning Network is a very, very big
1:18
deal. Also, it it kind of defeats the
1:20
narratives of a lot of these altcoins, right?
1:24
I don't know exactly what they're planning to do.
1:28
Especially now that you know you have something that's cheaper,
1:32
faster than you know, then whatever it is that they're
1:36
selling, right. Also another thing that's
1:39
happening with CZ is we know that he's being sued by the SEC
1:42
and you know the SEC and in in that lawsuit there's some some
1:45
criminal stuff in there. So you know that I think this
1:48
whole finance saga is not over. I think that there's going to
1:52
definitely be some more news that that comes out.
1:54
But at the same time, you know, this is a global phenomenon.
1:58
This isn't just based in the US, right?
2:00
So finance like FTX, you know, is is based overseas, right?
2:06
So how much jurisdiction do they have it following these, these
2:10
exchanges, Are these exchanges just going to be isolated
2:13
overseas? Is is, is that is you know, is
2:15
that the story of the crypto exchanges?
2:17
I don't know, but I'll tell you what as a bitcoiner.
2:22
I don't care cuz I'm just staying humble stacking sats and
2:24
shout out we can go trying to stay solvent and you know all of
2:28
this is just entertainment and news on the sidelines, but it
2:32
is, it is it is a very big deal. This is going to, I think this
2:36
is going to push the Lightning Network tremendously and maybe,
2:40
just maybe maybe. I'm speculating though.
2:43
Maybe it gives a lot of these shit coiners exposure to
2:46
lightning for the first time, and I think that once they get
2:50
that exposure, maybe they'll start to second guess some of
2:54
their decisions. Maybe.
2:55
Maybe that's too optimistic. Speaking of optimistic, how you
2:58
doing, Opti? What's up bro?
3:01
I'm good. Did you crack me up?
3:03
If you guys noticed Nico laugh in the first like 20 seconds of
3:06
the show, it's because I'm laughing at him behind the
3:08
scenes and you can't see it. But yeah man, I think.
3:12
It's about time and I also want to see other shitcoin casinos
3:19
into great lightning because I I think your point is the point of
3:23
this all. You know what?
3:24
What's the point of all these other shitcoins on binding now
3:27
that they have lightning there and maybe people will wake up to
3:30
the fact that layer two on Bitcoin is better than their
3:34
shitcoin. Remember they used to say the
3:35
memes are the narratives that Bitcoin let's it 7 transactions
3:39
per second. It's slow and clunky.
3:42
The. Space of Bitcoin or the Myspace
3:44
of the crypto and there's no innovation and here we are with
3:48
Lightning and and finally buying it's rolling it out.
3:50
So you know awesome to see it's it's what we always say here on
3:54
the show like the Bitcoin incentives stay strong.
3:57
They stay winning and it's only a matter of time until everyone
4:01
coalesces on the number one which is Bitcoin because.
4:05
What's the second best? There is no second best.
4:08
I meant to that, right? All loads, all roads lead to
4:11
Bitcoin. It's inevitable.
4:13
You can't stop. You can't stop this train.
4:15
You can't stop the honey badger. Bitcoin is inevitable.
4:19
You either get on the train or you get left behind.
4:22
Anyways, Very, very bullish day guys.
4:24
No more delays. Jump straight into the numbers.
4:26
We got a lot to talk about today.
4:27
Let's check it out, The Bitcoin numbers.
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Anyways, everybody, at the time of recording the Bitcoin price
5:48
is 30,210 sats per dollar 3310 block height 799,099 blocks to
5:55
having 40,901 having estimate April 20th, 2024, total
6:01
lightning network capacity 4872, Bitcoin capacity value
6:05
147,000,000 U.S. dollars, realize monetary inflation 1.76%
6:12
and the market capitalization of Bitcoin 5. $287 billion with the
6:16
B Bitcoin versus gold market cap 4.4 four .54% And I just want to
6:24
emphasize, I love the realized monetary inflation rate.
6:27
I think Christine, I think it makes Christie Lagarde you know
6:30
start crying at night. Anyway Speaking of Christie
6:33
Lagarde and you know the lizard people of the central Bakers
6:36
Charlotte to Alex Danzig, the one and only legendary host of
6:39
the one and only Cafe Bitcoin. Shout out to the best producer
6:42
in the game Producer Jacob. He posted this video and I think
6:47
they're starting to say the quiet part out loud.
6:49
Anyways, I'm going to play the video and then we'll check it
6:52
out and we'll talk about it. And that brings me to the other
6:57
element that we say making your life easy.
7:01
So the digital euro will not be mandatory, it will be an option
7:06
for the payer. But what we want to make sure
7:09
that it this option stays there. So we have this option now in
7:13
the current world. So you can pay either with money
7:16
provided by commercial parties or you pay with cash, which is
7:20
the central bank money. And we believe going to the
7:24
digital age, it's important that this option will be there.
7:28
We believe that with the digital euro we can make the life of
7:32
people easier, because the digital euro will be always
7:35
accessible and always accepted, and it will be the only single
7:41
European digital means of payments that will be accepted
7:44
throughout the euro area, You might all recall experiences.
7:52
Where you could either not pay with your digital means or
7:55
payment and that you had to refer to other solutions.
8:00
Yeah, again, you know, if you guys have used Apple Pay, it's
8:04
great. I keep talking about it, but
8:07
it's it's actually very pleasant experience, obviously as a
8:10
bitcoiner, you know, I know that I'm using, I'm using an
8:14
intermediary, I'm using a, you know, the bank is holding my
8:18
money and that's that's how Apple Pay works.
8:22
But I'm talking about the user experience of Apple Pay, right?
8:24
You click two buttons on the side of your phone, you go to
8:27
little payment, the POS system, and it little it gives you a
8:30
little haptic feedback, little dopamine rush to your brain.
8:33
You're like Bing, I paid great dope.
8:35
Awesome, Easy, fast, simple. Why do we need a digital euro?
8:39
I don't know. And I I I just kind of want to
8:43
emphasize, like the facts, right?
8:45
It's an it's an additional option for now.
8:48
Makes your life easier. We've heard that before.
8:51
How many times have you heard the government say this is going
8:54
to make your life easier And like how many, how many times
8:57
does that has that actually come true?
9:00
And to be specific, and I think this was Alex Stanzyk
9:04
highlighted, the digital euro will be the only form of
9:06
European digital means of payment accepted throughout the
9:09
euro area. So they're basically telling you
9:11
this is the only digital payment form you know with.
9:16
Fuck the free market. You know F what people want to
9:19
use as money, we don't. We're going to decide for them.
9:23
But the thing, the thing that sucks for them is that Bitcoin
9:27
at the end of the day is peer-to-peer.
9:28
It's peer-to-peer, right? So they could stop the
9:31
intermediaries, right? That's why it's so important to
9:34
take self custody of your Bitcoin using ethical Bitcoin
9:36
wallets like Sparrow wallet, Electra Moon wallet of Satoshi,
9:42
you know, blue wallet. And then hardware wallets,
9:45
obviously we're a big fan of Jade Cold Card Foundation, you
9:50
know there's so many of them. So it's just interesting how
9:53
that works. The digital euro will be free
9:56
for basic use like cash. Oh great, It will be free
9:59
anyways. What what, what is, what is the
10:01
actual cost. So you know, we could tell you,
10:04
we could tell you look, you know, guys don't believe them,
10:07
don't believe the the, the the, you know, the carrot and the
10:10
stick, you know, they clearly. They have more sinister plans.
10:14
They've told you what they actually believe.
10:17
But we're going to, we're going to play you a clip from Ron
10:19
DeSantis. Now, Ron DeSantis, he's the
10:21
governor of Florida. He's extremely popular and he
10:24
just passed the bill in Florida banning central bank digital
10:28
currencies. Now it's interesting what his
10:31
comments were about the Federal Reserve, the Federal Reserve of
10:34
the central Bank of the United States.
10:36
Now you can make a pretty strong assumption that.
10:40
The Federal Bank of the If the federal, if the central Bank of
10:44
the United States wants to get rid of cash and Bitcoin, you
10:48
make a pretty good assumption that the central Bank of Europe
10:53
wants to get rid of cash and Bitcoin as well.
10:57
And remember Christine Lagarde's own words, right, which is the
11:00
head of the European Central Bank currently?
11:03
She was the head of the I MF before.
11:05
She said if people, if people, if there's an escape valve,
11:08
people will use it, right? So diabolic or those words too,
11:11
if you think about it Anyways. So but it's again to emphasize
11:15
it's not Bitcoin or saying this, you have a duly elected governor
11:19
of a state, a very big state, a very wealthy state saying the
11:24
quiet part out loud. I'm gonna play you guys the clip
11:27
and then we'll talk about both the videos for those who don't
11:30
know what CBDC is. What they want to do, and this
11:33
is tied in with like Davos World Economic form, all these people,
11:37
they want the Fed, they want to get rid of cash, they want no
11:41
cryptocurrency and they want this to be the sole form of
11:45
legal tender. And they have said this publicly
11:48
at like Davos and these other places for those who don't know
11:50
what CBDC is. So, and then let's connect the
11:54
dots, because this is what we do.
11:55
It simply just these news by itself is it's just noise, but
12:00
you have to connect the dots between the two, right?
12:03
They're saying it right there. Alex Stanczyk said it perfectly.
12:05
The digital euro will be the only digital form of payment in
12:08
the EU area. Right.
12:10
They're telling you. They're telling you they're
12:12
shoving it down your throat. So when I tell you, right when I
12:16
tell you it is literally Bitcoin or slavery.
12:19
I am not exaggerating when I say that.
12:21
Like it is not an exaggeration. It is I'm.
12:23
I'm being dead serious. You you have to take this
12:28
seriously. You have to take your Bitcoin
12:29
into self custody. Do it properly, properly secure
12:33
your, you know, your generational wealth.
12:36
Don't store it on paper. Store it on on titanium.
12:40
But yeah man it's this is this is just just it's.
12:48
I just can't believe that non like I can't believe that more
12:51
people are not awakened to this Opti.
12:52
Like I can't believe that more people are still asleep to this
12:58
you know to to to this reality you know and and that to me is
13:03
that to me I think is is striking to say the least.
13:07
Yeah, I mean, to your last point, you know, I keep asking
13:12
myself the same question all the time.
13:13
It's like, how do more people not see what we see, especially
13:17
when they're telling us exactly what they want to do out loud?
13:21
Like they're not being shy about it anymore.
13:23
And remember when we used to ask ourselves whether we were being
13:27
hyperbolic when we were saying Bitcoin or slavery?
13:30
And then like a month or two afterwards, it's like they're
13:33
saying exactly what we've been saying for for forever on the
13:37
show. And again, this is not as just
13:40
being paranoid or tinfoil hat bitcoiners that they're saying
13:43
this stuff out loud and it's becoming very obvious that they
13:47
really don't care. Like they're they're being
13:49
blatant about what they want to do.
13:51
And remember what we keep. Well, rather, what I keep
13:54
doubling down on is the meme of what CBDC really stands for.
13:57
It's not central bank digital currencies, it's central bank
14:00
digital control. And that's the framing.
14:02
And they also keep coming out and saying that same exact
14:05
thing, whether it's from the ECB, whether it's, you know, the
14:09
World Economic Forum and their ilk, they keep saying the same
14:12
thing. We need a digital payment system
14:15
that fully controls you, that is, that has surgical precision
14:19
to control every one of your transactions.
14:22
And that should terrify you. I don't know about you.
14:25
And yeah, we, we have played on the idea that we probably
14:29
already do live in a, you know, a form of central bank digital
14:32
currencies, since everything is already digital.
14:34
But now they want even more control.
14:37
They want surgical precision in your transactions.
14:40
They want to stop you from, you know, buying things that you
14:43
want to buy, which is you like meat and ammunition, like they
14:47
can make. Anything like they can make
14:49
anything that you don't that they don't like unbiable and and
14:54
they're saying this out loud. Guys like for a while there
14:57
maybe we were being paranoid, but but now we have literal
15:01
video recordings of them saying this stuff.
15:03
And so you know, again, I've been hitting on this message for
15:07
a while as well. It's very interesting that those
15:10
that want to roll out of CBDC, they keep framing it or even
15:15
shit corners, they do the same thing.
15:16
Framing everything about digital payments like this is not about
15:19
digital payments. Most digital payments in the
15:21
world already work pretty well, you know, Nico keeps Nico keep
15:24
talking about Apple Pay I. Fucking love, Apple.
15:26
Pay. Go if you guys have an iPhone,
15:29
OK? And then you go to the gas
15:31
station or something and you have it set up and just click
15:34
the two sides on the side. Yeah, bro, it's like.
15:38
And it makes you feel good. You do the Face ID and it gets
15:40
like. Whoa, whoa, whoa, whoa, hey,
15:42
dude, I don't use that. But I mean, I I use, I use my
15:46
boys over at the Bitcoin company all the time with Apple.
15:48
But you. But you set it up with Apple
15:49
Pay, yeah? Exactly.
15:50
I said it. How fucking.
15:51
How fucking I do is it? Just scan my shit.
15:54
It works. But I mean, it's still funny to
15:56
me to see the opposition, for lack of better terms, Just talk
16:00
about everything in in payments and it's like payments are good.
16:04
Like payments have been good in what it even says in the white
16:07
paper, like for most transactions, like the financial
16:12
world works pretty good, but for, you know, savings, for
16:17
buying things that they don't want you to buy, for having a
16:19
global unit of account. That's what Bitcoin is about.
16:22
It's not about digital payments. And obviously they wouldn't be
16:26
doubling down on this, this narrative of of digital payments
16:29
if they didn't think it was working so.
16:32
Again, this is just kind of more more credence to the idea of
16:36
it's still early and we we still have to do our best to educate
16:39
people and frame Bitcoin in the right light.
16:43
Like reject their framing. We all know what CBD C's is.
16:45
It's not to make your life easier, it's to have total
16:48
control over your finances. And that should not only terrify
16:51
you, but also get you very angry because like, who are these
16:55
people to to? Think and have the hubris that
16:58
they can control every aspect of you like it.
17:00
It's absolutely disgusting. But I don't know, maybe, you
17:03
know, I'm, I'm, I'm an extremist over here.
17:05
I'm a psychopathic bitcoiner. But just saving Bitcoin guys,
17:10
we're winning. The more that they double down
17:12
on this stuff, the more I know that we're winning and we're
17:14
we're on the right side of history.
17:15
So just continue stacking stats, continue to educate people to
17:19
continue to get more Bitcoin into people's hands because I
17:23
don't want to say that they lost already.
17:25
But we have the freedom tools and they can't stop it.
17:28
So let's get more people holding Bitcoin.
17:30
Yeah, 100% more people holding Bitcoin and also on top of that
17:35
properly securing their Bitcoin as well so that they can make it
17:39
over the finish line with their generational wealth.
17:42
And you could do that guys, again by storing it on Titanium
17:46
and you could use promo code simply to get. 15% on anything
17:51
on the stamp se-ed.com website can scan the QR code on your
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screen right now. Anyways, everybody, no more
17:57
delay. Let's jump straight into news.
17:59
We got a lot. We got tremendous amount of news
18:01
to talk about today. Let's check it out.
18:05
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discount. Anyways, the big news for today,
19:14
ladies and gentlemen, and this is a big deal.
19:16
And I know you guys are bitcoiners.
19:19
I know you guys are bitcoiners and we're bitcoiners too.
19:23
So it's like, why are we talking about finance?
19:25
You know? We know that.
19:26
We know that's easy. Doing some shady things to say
19:29
the least, to prop up the price of the BNB token.
19:34
We know that it's it's come out. You know the SCC has alleged
19:38
that he has traded against his own, you know his his own
19:42
customers, right. So you know it's easy isn't
19:44
exactly you know what you would, you would you would say a you
19:49
know, a St. to put it nicely. But the fact is, is that they
19:55
are the largest cryptocurrency exchange by volume on the face
20:00
of the planet. So the fact that the largest
20:02
Bitcoin, it's the largest Bitcoin and shitcoin exchange on
20:06
the face of the planet enables Bitcoin withdrawals via
20:09
Lightning Network is a big deal. And I think that it is going to,
20:15
you know, it is gonna further push Lightning network adoption.
20:20
Perhaps it even gets some shit corners to wake up and be like,
20:23
hey wait a second, this Bitcoin thing isn't so slow after all.
20:27
So I think this is some very, very big news.
20:29
This is kind of a big deal and even though it's coming from
20:32
Shitcoin land anyways, so it goes on to say finance has
20:36
completed the integration of Bitcoin on the Lightning
20:39
Network. Deposits of which are also
20:40
Bitcoin are now open on the Lightning Network.
20:43
Please find your assigned Bitcoin deposit address on the
20:46
Lightning Network within the deposit crypto page here.
20:48
To learn how to deposit Bitcoin in the Lightning Network, please
20:51
refer to the FAQ Finance first promise to integrate Lightning
20:54
Network When Bitcoin fees spiked in May Finance lightning node
20:58
has been spotted on the network a month ago.
21:00
Now I just want to talk about this right?
21:02
Because this is what happens every time fees spike.
21:05
Everyone always complaints like holy cow the fees they're going
21:09
to become unaffordable. The ordinals do they're clogging
21:13
this up. Up and every single time this
21:15
happens, it spurs innovation and it's beautiful to see, right?
21:21
It forces a forcing function for entrepreneurs, developers to
21:27
come up with the solution. The solution is not bigger
21:31
blocks. That's what the fork wars
21:33
determined, right? The solution is scaling out a
21:38
second layer. And that's exactly what
21:40
lightning is now. Lightning isn't perfect.
21:43
I'm a big fan of Lightning for small transactions.
21:45
I like, I'll hold, you know a couple $100 on my iPhone, you
21:49
know, and I'll use that to to to, you know to receive zaps
21:54
before Apple took it away from from the Domus app on the ice on
21:58
the on the App Store. But you know, and I'll use it to
22:01
to, you know, to pay other bitcoiners for their proof of
22:03
work, right? Or they'll send me some some
22:06
some sats in return, right? So I I am a fan of Lightning.
22:10
I I just, I think that Lightning is developed and I think
22:13
Lightning is exactly for for small payments.
22:15
It's it's you know, that old narrative.
22:17
It's like oh you can never pay for a coffee cup in Bitcoin
22:20
because it the fees are going to be too expensive.
22:22
That's what Lightning is for and I think it does it really,
22:25
really well. I'm a big fan of of Moon, but
22:28
apparently it has some issues when the fees are very high.
22:31
Also a big fan of wallet of Satoshi, I understand.
22:34
That it's a custodial wallet, but in terms of ease of use, it
22:39
is really, really easy to use. So at a swan salon about, I
22:46
think it was not last month, but about two months ago, I was just
22:48
talking to someone and I was like, dude, let me send you cuz
22:52
they were talking to me about Lightning and I was like, dude,
22:54
it's so easy to set up, just download wallet of Satoshi.
22:57
You don't even have to sign up. Nothing, right?
22:59
When you download the app and the app opens, you're ready to
23:02
receive Sats like this instantaneously and for
23:05
someone's first exposure to lightning in Bitcoin.
23:08
And the fact that I could just go from my phone and I could,
23:10
you know, just go Ting and it's it's instantaneous.
23:14
It doesn't have the haptic, OK, it needs to catch up to Apple
23:17
Pay, but it's still very, very efficient.
23:20
It's still very, very fast. And the BTC sessions Ben Ben
23:25
Perrin was was nice enough to give me a ring that had an NFC
23:29
thing and if you tapped it to you know the back of your iPhone
23:33
with Wallet of Satoshi app it it sends a sends 1000 sats.
23:37
So it's really, really cool and I'm really glad that the largest
23:41
Bitcoin and Chicoin exchange in the world is adopted lightning.
23:45
Not because I'm a fan of CZ, not because I'm a fan of bad nights.
23:48
Obviously we know we support Bitcoin only exchanges.
23:51
Specifically, we're huge fans of SWAN, the best place to build
23:54
your Bitcoin stack. But but you know this is going
23:59
to force other players to also integrate Lightning.
24:04
And we've seen this before. This doesn't just just me
24:06
talking shit. We've seen market forces do.
24:09
What market forces do best. When when PayPal didn't have
24:14
Bitcoin withdrawals enabled. When Robin Hood didn't have
24:17
Bitcoin withdrawals enabled? Cash app was eating their lunch,
24:20
which is why they added Bitcoin purchases onto their apps in the
24:25
1st place. And then and then they
24:28
eventually added Bitcoin withdraws.
24:31
Robin Hood, which made that announcement at Bitcoin 2022 and
24:36
PayPal. Out of all people, PayPal hated
24:38
Bitcoin. PayPal in a way, Bitcoin
24:41
actually kind of hurt some of Paypal's business.
24:43
But they can't stop the the Bitcoin incentives are
24:46
irresistible. And that's a theme that I want
24:49
you guys to, to kind of internalize today.
24:51
Just like BlackRock, right, was talking shit about Bitcoin five
24:56
years ago. The CEO, Larry Fink was saying,
24:59
hey, this is going to be used, but not this is going to be used
25:01
only for money laundering. Five years later, what happened?
25:06
Yeah, you know Bitcoin is is just better money.
25:09
It's just gonna be an international forms of payment.
25:11
Like you know, it's just people are not gonna be able to resist
25:15
it. That's just that's just a fact
25:16
right? And you know, I think that's
25:18
exactly what's happening here anyways.
25:20
Some users are reported are reporting unreasonable highlight
25:25
highlighting network fees. When initiating withdraws, so
25:29
that's something to keep in mind.
25:30
Anyways, Opti, I want to get your thoughts.
25:31
I also want to see how much time we've been talking about this
25:34
specific subject to see if we can cover another piece of news.
25:37
So anyways, what are your thoughts?
25:38
Brother Yeah, well first and foremost, obviously it's about
25:41
time Biden's rolled out lightning and hopefully this
25:45
will force other shit coin casinos to roll out lightning.
25:49
I've been saying for a while, any Bitcoin or Bitcoin adjacent
25:51
company that doesn't have lightning needs to roll out
25:54
lightning, especially before this next bullet.
25:57
Run like, get that infrastructure ready now because
26:00
there will be a rush of people and inevitably there will be a
26:04
men pool clog and, you know, bad UTXO management and we'll we'll
26:09
hear the same narratives coming out again.
26:11
It's like, oh, Bitcoin's broken. We broke Bitcoin, You know, fees
26:14
are too high, it's too expensive and it's really just because
26:18
people aren't using the right infrastructure, which is
26:21
obviously lightning and so on. Another point though.
26:26
Anyone that is sending Bitcoin to finance is playing a very
26:29
dangerous game. And then again, what is your
26:31
Bitcoin doing on an exchange anyways?
26:33
It's not your Bitcoin if it's not in a, you know, private keys
26:38
that you control. So stop playing musical chairs
26:40
with your fraction, reserve Bitcoin and don't send it to
26:43
finance guys like. But I understand that a lot of
26:49
people will. Inevitably go to finance to buy
26:52
their Bitcoin, that they are the biggest Chicoin casino in the
26:55
world. They probably have some of the
26:57
biggest marketing in the world and you know, if you're gonna
27:00
buy your Bitcoin from there, at least we have a good option of
27:04
using Bitcoin and Lightning to withdraw their Bitcoin moving
27:07
forward. So it's awesome to see.
27:09
But it also destroys the Shitcoin narratives, right?
27:13
Like, what's the point of your shitcoin?
27:14
Because I thought it was for my faster payments.
27:16
And you know, Bitcoin's too slow.
27:18
And Bitcoin's old tech, well, Lightning simply works.
27:22
And now we're having the biggest exchanges in the world start to
27:25
implement it. So moving forward, it's
27:27
obviously a benefit and it's bullish for Bitcoin because the
27:32
infrastructure is getting adopted.
27:35
So that's awesome to see. Last point.
27:39
The fees on the fees thing, I did see that as well Nico and I
27:43
did dive into it this morning just for a little bit and I saw
27:46
a couple videos and a couple reputable bitcoiners saying that
27:51
the lightning fees I think they just like copy pasted the like
27:55
eth fees onto it but like from the videos that I saw.
27:58
It is working. It's lightning, it's working
28:00
like normal. The fees are you know whatever
28:02
the fees are on the lightning network.
28:03
So they're not charging you an arm and a leg.
28:05
So I think to that point, if that is true, again I I don't
28:09
have a finance account so I can only kind of trust a few
28:12
bitcoiners on Twitter talking about this.
28:14
It will incentivize people to use lightning because the fees
28:18
are extremely cheap and finance has stupid fees on their on
28:21
their withdrawals. So obviously the incentive, the
28:24
Bitcoin still work and then. Sorry, I'm gonna have to troll
28:28
you a little bit, but did you just say that BTC Sessions
28:31
proposed to you with a lightning NFC ring?
28:36
Maybe I'm just. I'm just.
28:38
Maybe it happened, maybe it happened when we touch the dips,
28:41
I don't know. Maybe.
28:44
Maybe. But I mean, hey, a little
28:46
serious. When Coinbase.
28:48
When Coinbase. Rolling out Lightning Because
28:53
once Finance and Coinbase have it, those are basically the two
28:56
biggest shit coin casinos in the world and it thoroughly destroys
28:59
their shit coin narratives. And what are the reasons for all
29:02
these other shit coins on their exchanges?
29:04
When Lightning is simply fast, it's instant settlement.
29:11
It simply works. Exactly.
29:13
It simply works. I absolutely love that.
29:16
It's simply it's just simply just stick to simply Bitcoin.
29:20
Just stick to simply Bitcoin. It's simple.
29:22
I like that pun. Anyways, do we have time for
29:24
another? Yeah, shit is it is all.
29:27
Right. Let's do it.
29:27
Let's do it. It is Monday.
29:29
Let's give the people what they want.
29:31
Some more entertainment slash news.
29:33
All right, guys, we tried to cover this on.
29:37
We tried to cover this on. On Friday, but we ran out of
29:42
time. So talk about Ripple and also
29:45
shout out to Rustin absolutely slaying the game like always.
29:49
And he did an amazing clip covering this specific topic,
29:52
but we wanted to cover it on Simply Bitcoin Live as well.
29:55
So Ripple Labs notches Landmark win an SEC case over XRP
30:01
cryptocurrency. The Ripple Labs Inc did not
30:03
violate federal securities laws by selling its XRP token on
30:06
public exchanges. A US judge rolled on on
30:09
Thursday, a landmark legal victory for the cryptocurrency
30:13
industry that sent the XRP price soaring.
30:16
XRP was up 75% by late afternoon on Thursday.
30:20
The ruling by U.S. District Judge Judge Torres was
30:25
the first win for a cryptocurrency company in a case
30:28
brought by the SCC, though it did also give the SCCA partial
30:34
victory. Now hold on a second.
30:36
Wait a second. Let's just read that again one
30:39
more time. The ruling by U.S.
30:42
District Judge Torres was the first win for a cryptocurrency
30:46
company much decentralized. So why did they sue a company?
30:59
I thought this wasn't a security?
31:01
I'm so confused. And then I know a lot of people
31:05
got very excited about this, right?
31:08
And of course, Joe, Carla, sorry.
31:10
And Corey, Corey always just does an amazing job, kind of.
31:14
There's a little bit more nuance to this and if you guys want to
31:17
go through the full, full details of it, I really
31:20
recommend Ruston's clip from I think it was dropped yesterday.
31:25
But anyways, Joe Carla, sorry, goes on to say the court's
31:28
ruling in SEC versus Ripple is essentially that it doesn't
31:31
matter if the XRP token itself is an investment contract.
31:35
It it held, it wasn't. What matters is that the
31:37
institutional sales were a scheme the court found to be
31:40
issued an unregistered security offering.
31:43
It's about the overall unlawful scheme, not the token.
31:48
And he goes anyways, Moving on to Corey's take on this.
31:52
In today's some summary judgment ruling, SEC verse Ripple quote
31:56
ripples institutional sales of XRP constituted the unregistered
32:00
offer and sales of investment contracts and violation of
32:03
Section 5 of the Securities Act. The wolf of all streets goes on
32:07
to say yes, that was clear. Secondary Sears sales are.
32:11
Are what matter for the broader market and for exchanges.
32:13
Ripple Corey responds with Ripple is super effed wildly
32:17
bullish for Bitcoin. Less money available to insiders
32:20
via illegal pump and dump schemes means less marketing for
32:23
anti Bitcoin narratives? Check.
32:25
And Joe Carla soaring. Saying XRP is not a security is
32:29
irrelevant to the ruling. And last but not least, I want
32:33
to read this for anyone looking at the Ripple rule of the Ripple
32:36
rulings today and saying XRP isn't a security.
32:39
Well, that's not how security laws works.
32:41
It's the actions of promoters that determine whether it
32:44
constitutes a security offerings. e.g., if you put
32:48
Bitcoin into a fund and market and market it, that's a
32:51
security. So there's a lot of, you know,
32:54
obviously there's a lot of of legalese there and in
32:56
complexities and all that. But I'll tell you this guys, I
33:01
was never really a fan of of the government stepping in and
33:07
deciding what shitcoin was a security and what shitcoin
33:10
wasn't a security. Also, maybe this is like
33:14
unpopular with some bitcoiners. If you want to go and gamble on
33:19
a shitcoin casino, I I think it would be hypocritical for me as
33:24
a Bitcoin or as a libertarian right for me to go in there.
33:28
And coerce you into doing what I believe is good for your money.
33:33
If you want to set your money on fire, if you want to play
33:36
roulette, like if you want to go to the casino.
33:38
And that's what these things are.
33:40
All the power to you. I don't have, I don't have
33:42
anything against that. I think Bitcoin will beat these
33:46
shit coins on the free market. I think the free market is going
33:49
to do what the free market does best.
33:51
And I think bitcoins incentives are superior.
33:54
And I think that's why Bitcoin will rule the day, full stop
33:58
like that, that, you know, that's that's what I believe,
34:01
right. I think, I think we go into very
34:04
dangerous territory when we go into very dangerous territory,
34:11
when we're rooting for the government to step in and, you
34:17
know, save the day. And say, look, this is the
34:21
winner, this is the loser. But I also want to share this
34:24
chart. This is the XRP chart compared
34:29
to Bitcoin and it you know XRP has still not made all time
34:38
highs towards Bitcoin, right? Still hasn't happened, right?
34:42
And it's in 2023. So this tends to happen with all
34:47
the shit coins, including Ethereum.
34:49
Ethereum hasn't. It's made all time highs in
34:52
dollar terms, but it still hasn't made all time highs in
34:56
Bitcoin terms. So if you've been holding
34:59
Bitcoin this entire time. Versus holding Ethereum versus
35:03
holding XRP. You would have more Bitcoin
35:06
today if then if you weren't doing that, of course you can
35:11
speculate. You know there's going to be
35:13
times where Ethereum outperforms and then you dump your Ethereum
35:17
bags to accumulate more Bitcoin and you can get into the trading
35:20
game. Or you can just add do what we
35:23
advocate for is just stay humble stacks.
35:25
That's 99% of people you know the of of of non experienced
35:31
traders. You're going to end up with less
35:33
Bitcoin than if you didn't trade at all like if you just stayed
35:38
humble Stacks that's right. That that that's literally why
35:41
that line by Odell that he's made into a slogan is so
35:45
powerful and so and so famous. Be speaking from a place of
35:49
experience. Opti and I are speaking from
35:52
places of experience we've dabbled in.
35:55
I would say 99% of Bitcoin Maxi's have dabbled in shit
35:59
coins. We've gone through the shit
36:01
coinery before, we've done it before, right?
36:04
And what we're telling you is like, look, you can try, you
36:06
roll the dice and I'm sure one out of 100 of you will get
36:10
lucky, but the rest of you will end up with less Bitcoin than
36:14
you did before. So I think that the whole XRP
36:17
ruling, I think it's a big nothing burger.
36:20
I think it's a bunch of BS and I think Bitcoin needs to win on
36:25
the free market. That's what I believe.
36:27
I don't like this idea that. You know, I don't like this idea
36:33
that that the government, the US government is stepping in and
36:36
saying hey guys, all the shit coins are casinos.
36:39
You guys, you know the Bitcoin wins by default.
36:43
It's like no, that is contradictory to what Bitcoin
36:46
represents is the separation of money in states.
36:48
The state isn't picking who, what currencies winning what
36:52
currencies not winning. Let bitcoins incentives
36:54
determine that. But before anyways, Opti, before
36:57
I get your thoughts. I also want to give a shout out
37:00
to our awesome sponsor guys. If you if you are not running
37:08
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you can you can make to your financial privacy and they also
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have which is my personal favorite.
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The one that I use is the Noddle Dojo.
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And yes, Red does mean faster. So you could scan the QR code
37:57
guys on your screen, it will take you to the nautil website.
38:00
But yeah, run your own node or you're trusting someone else's.
38:03
Anyways, Opti, what are your thoughts on this brother?
38:06
Yeah, well, shots at the Joe Caller.
38:08
Sorry for clarifying all that stuff over the weekend because
38:12
when the news did break on Friday, there was a lot of going
38:15
back and forth. Obviously the the shit coin is
38:17
out there is like, ah, this is bullish for XRP, you know, XRP
38:21
to 589, you know that that's a meme guys.
38:23
If you guys don't remember that meme from 2017 XRP, the shit
38:27
coin first and foremost. So like I also believe this was
38:30
a nothing burger and we. Don't advocate for you guys to
38:37
trade and if you are going to trade shit coins, do not touch
38:41
XRP. It is the giant shit coin of
38:44
them all. It's been around for forever and
38:47
I forget what the the creator's name is, but fuck that guy and
38:52
there like like the economics of of.
38:55
XRP just make no sense. There's like they're printing
38:58
like billions a day like they it's it's just it's retarded.
39:00
But I mean I think this is a good precedent moving forward
39:04
again you know we we don't like to frame this as statism and and
39:10
cheering on institutions that are you know in my in my opinion
39:14
illegal institutions. But hey it is what it is.
39:17
There are laws here in the US and like.
39:19
If you're fucking, if you're issuing the security, like
39:23
there's laws here, sorry, it is what it is.
39:26
But like I think to one of the points that Corey said, and
39:30
we've been saying this as well, is I think moving forward in
39:33
this next bull run. Like where's all that degenerate
39:38
shitcoin money going to go? Like you can't trade in
39:41
shitcoins now in the US, so all that money is going to finally
39:45
go to where it belongs, which is in Bitcoin.
39:47
So again, all roads lead to Bitcoin.
39:50
This is bullish for Bitcoin and just guys avoid shitcoins Like
39:55
if if for if for whatever reason you're watching simply Bitcoin
39:58
and you have a bag of XRPI would highly suggest you dump that
40:02
right now and go into Bitcoin. Stay humble, stacks that stay
40:07
health solvent, like avoid the headaches, find bitcoins and go
40:12
live your life and provide the value.
40:14
And that's kind of what I'm going to talk about in the
40:16
culture today. I'm going to go a little left
40:18
left side of the bell curve today on on the culture and eco.
40:21
But it's just so simple, guys. It's simply Bitcoin for a
40:23
reason. This is why we titled the show
40:25
simply Bitcoin. And This is why we always talk
40:29
about simply Bitcoin. Because if you really want to
40:31
make it through the separation of money and state, it is not
40:34
going to be in shit coins. It's going to be in simply
40:37
Bitcoin. Hog hog.
40:39
Shut up. He's gone wild in the chat.
40:42
Yeah I mean dude we'll we'll we'll get to we'll get no dump
40:48
dump excessively hold it and buy yeah I think I think honks
40:52
trolling honks honks honks trolling is hard anyways anyways
40:58
yeah man I think that's today's news you guys said it's a it's a
41:01
bullish it's a bullish Bitcoin. It's a bullish Bitcoin day
41:05
starting off the. Starting off the day, starting
41:09
off the week strong. Anyways guys, we have been on an
41:13
absolute tear for the last week and we want your help to keep
41:20
this momentum. Smash the Like button If you're
41:23
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41:27
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41:30
Help us keep our streaks. Six days in a row.
41:34
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41:37
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41:42
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41:45
The little heart button. Anyways, everybody, no more
41:48
delay. Let's jump straight into the
41:51
culture segment. Got a lot to talk about today?
41:53
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You can take advantage of promo code simply to get yourself a
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big discount. Anyways, Opti oh, we're starting
43:17
off with American Hoddle. Let's do this.
43:19
Yeah, yeah. Look I'm.
43:22
I keep telling you guys the same thing and I'm I'm only saying
43:26
this because I've I've. I've been through this, I've
43:29
experienced this myself and I really want to beat this message
43:33
down. And it's the idea of what's the
43:35
best way to get the Bitcoin message across out there.
43:38
And you know, kudos to Nico for saying this the first time and
43:43
it really stuck with me. It it's the idea of what are we
43:46
doing here as bitcoiners. Yes, we can hit everyone with
43:48
the logic, with the facts, with all, you know, the intricacies
43:51
and technicalities of Bitcoin, but few people actually care.
43:55
What do they care? Does it work?
43:57
What does this do for my life? Does this improve my life today?
44:01
Like does this make my life better?
44:03
And this is something that that I I want you guys to also think
44:06
about when you're orange peeling your friends and families when
44:09
you're talking about Bitcoin in good light.
44:11
It's how is this going to benefit people.
44:14
Yes, you can try to break down you know the the fact of the
44:17
Federal Reserve you know is it's not federal and has no reserves.
44:22
You can talk about inflation, stealing their wealth, inflation
44:25
is theft and all this good stuff.
44:27
You can talk about CBDC's being a control mechanism which we do
44:31
every single day. So we're we're doing our best to
44:35
hit you guys with the that you know the technicalities the
44:38
logic. The facts of the matter, but
44:42
remember what is going on. People are emotional.
44:45
Hardly anyone uses their brain anymore.
44:47
So we are in the battle for the hearts and minds of the masses
44:50
but shouts at the American huddle.
44:52
You know, love them or hate them.
44:54
I absolutely love him. He's hilarious.
44:56
He's a good dude. He put this tweet out and I
44:58
couldn't agree with this more and I will give you the the
45:01
Bitcoin message because this is what I do and this is my job.
45:04
But I think Hoddle hits the nail on the head.
45:07
Look, you can hit people with the right side of the bell curve
45:09
Bitcoin message or you hit people with the left side of the
45:11
Bitcoin message. It they're both right.
45:14
It's just are you understanding who you're talking to because?
45:18
There is no correct way to orange pill someone.
45:20
The only thing that matters is if you get people stacking
45:22
Bitcoin and saving in Bitcoin anyways, Hotto goes.
45:25
You could spend your life studying the esoteric
45:27
interrelated phenomenon surrounding Bitcoin, slowly
45:29
unraveling its mysteries as you go, or you could just be like
45:33
orange coin good me hot a long time.
45:35
Both are equally effective strategies, and he says,
45:38
honestly, the latter is probably more effective.
45:40
And this is something I've learned as well, and Nico and I
45:43
always talk about this on the show basically every single day.
45:47
Once you start holding Bitcoin, Bitcoin changes you.
45:49
And as we move into this bull run, it's gonna be obvious to
45:53
people once they're holding Bitcoin and you know, the price
45:57
starts to move up that they should be holding more Bitcoin.
45:59
And it's a positive feedback loop.
46:00
And you can, you know, go down and and do what Hottum Magoo
46:04
does here. And hit people with the facts
46:07
and he just goes here in a tweet.
46:08
Like Bitcoin has no intrinsic value.
46:10
Oh, but you know transmitting value through time and space has
46:13
is not valuable. It doesn't adhere to any
46:16
sovereign laws, has no counterparty risk, unchangeable
46:18
monetary policy, opt in economic model and low barrier to
46:22
participation like we we hit on this drum every single day.
46:26
We try to get that message across but.
46:30
Like, let's be honest, most people don't think anymore.
46:31
You could just be like orange coin good, be hot a long time as
46:34
the price goes up. This is the way.
46:36
And we're seeing that all it really takes is one person, one
46:40
known figure out there to start endorsing Bitcoin for the masses
46:45
out there to wake up that, oh, Bitcoin.
46:46
Maybe I should hold some just in case it catches on.
46:49
And shouts at the stack holder here because he sums it up again
46:52
in a tweet goes the CEO. BlackRock is on TV describing
46:55
Bitcoin as an international hedge against global currency
46:57
debasement. And yet 590 two 100,000 coins
47:02
have traded hands at the 30K level.
47:05
People still don't get it. Max Payne is up from here.
47:07
And this is the point. Like I say this all the time.
47:10
Sometimes cynically, sometimes just like being, you know, a
47:14
pragmatist is like. If bitcoins were better at
47:17
marketing, then the Bitcoin price wouldn't be going the way
47:20
it is because I, you know, just my message here, my TLDR is just
47:25
look at yourself in the mirror. Are is your messaging getting
47:28
across better? Is your framing the Bitcoin
47:29
getting across better? Because we do have the tools.
47:32
We do have the superior technology.
47:34
I am convinced that Bitcoin is a 10X improvement on gold.
47:37
You know, this is not about digital payments.
47:38
It's about having something that you can save that that literally
47:41
hold its value and goes up in time and space like.
47:45
It's it's a better way to use money in the digital world.
47:48
A digital money for the digital world.
47:50
And I'm just starting to maybe I'm maybe I'm becoming the jaded
47:55
bitcoiner that I always talk about.
47:56
But like simplify the message. Doesn't mean water down the
47:59
message. But we have the tools and shouts
48:03
at the Big Sean Harris. I think he's been kind of
48:05
hitting this the same drum in his own way.
48:08
And here's just like the optimistic twinge at the end of
48:11
this and shot shots at the Big Sean Harris, hard working
48:13
maximalist. And he goes, there are two
48:15
prevailing and opposing mindsets that are currently propagating
48:17
throughout the collective consciousness in the West.
48:19
Those mindsets are the victim versus the victor.
48:22
The victim blames the situation in life for his failures, and
48:24
the victor makes no excuses. Choose wisely.
48:27
Again, there's two messages that we can tell people out here
48:30
like. You're you're on the attack, you
48:33
know. Stay paranoid.
48:35
Keep your tinfoil hat on or hey, Bitcoin can improve your life.
48:40
Today there's something that will hold its value moving
48:42
forward. A digital money for the digital
48:44
world. It's the greatest opportunity in
48:46
in our lifetimes to improve your lot in life and you don't need
48:51
to have a lot of money to start you.
48:53
You don't even need to know anything about Bitcoin.
48:56
Even though I would recommend that you should study Bitcoin.
48:58
But I think as the price moves forward as we move.
49:01
Into the next bull run. As we move into next cycles,
49:03
it's gonna be easier for people to become bitcoiners because
49:07
it'll just be ubiquitous with the modern world.
49:09
And as price goes up, obviously as the meme goes, we all come
49:12
for the money. But we stay for the money in the
49:14
sense of everyone comes for the gains, but once you realize, fix
49:18
the money, fix the world. You realize that there may be
49:21
something more here and again shouts out to Sean Harris.
49:24
Because this is what I always say, man, provide the value
49:27
saving Bitcoin. But I really like how Sean
49:28
Harris is saying this. I'm a hard work maximalist,
49:31
especially when the work is smart.
49:32
So just stay smart out there. Stay humble, stack sad, stay
49:37
solvent. Make sure you are understanding
49:41
who you're talking to when you are shilling Bitcoin.
49:44
We are in the mass or the game of winning the hearts and minds
49:47
of the masses. And just just try to avoid doing
49:50
autistic rants on people as we move forward.
49:53
Angle the Bitcoin message to improve people's lives today and
49:59
people will inherently want to improve the life.
50:02
People are in pain right now. The world is in pain.
50:05
I think everyone is waking up to inflation.
50:07
Everyone is slowly waking up to central bank digital control.
50:11
Everyone is waking up to. The authoritarian, tyrannical
50:15
oversteps of every government in the world.
50:18
And they are looking for alternatives.
50:20
Bitcoin is that alternative. We have the freedom tools today.
50:23
Stay humble, stack sets. Take Bitcoin into self custody.
50:27
You know, back up your seed phrase, run a node.
50:30
All the good memes that we talk about constantly, but it's
50:33
really about. Angling Bitcoin so that more
50:37
people understand it will improve their life Today guys,
50:39
this is, this is what I want to want to continue to beat the
50:42
drum on. You don't don't hit everyone
50:44
with this high level Bitcoin narrative.
50:46
You know, we do it every single day.
50:48
We try our best and we will give you the facts.
50:51
And and you know the logic behind our thinking.
50:53
But sometimes, Nico, I think we just need to be a little more
50:55
left side of the bell curve orange coin good me hot a long
50:58
time number. Good.
50:59
I mean it's not, it's not that complicated, right.
51:02
It's it's really not that complicated.
51:03
I think I think like the legacy financial system, I think they
51:07
over complicate a lot of things on purpose.
51:10
Yeah. And that's the point, I think.
51:12
Yeah, and and and I think that they do it, they do that on
51:15
purpose. So that like not that many
51:17
people can understand what is actually being said, what is
51:20
actually being talked about, right.
51:22
That's what makes Bitcoin so fundamentally different.
51:26
Anyways, guys, I want to give a shout out to one of our
51:31
sponsors, the Orange Pill app. They're building the social
51:34
layer for Bitcoin. As crazy as it sounds, without
51:36
the people, Bitcoin is just ones and zeros.
51:38
Bitcoin is the people. Bitcoin is you.
51:39
It's me. It's Opti, it's Satoshi.
51:41
Download the Orange Pull app for iOS or Android and connect with
51:43
other Bitcoiners in real life. Find other bitcoiners that live
51:46
near you and you can even go into the app totally and on and
51:49
search for other bitcoiners by common interest.
51:51
Orange Fill app is also the world's biggest repository for
51:54
Bitcoin only events. If you want to meet other
51:56
bitcoiners in real life, this is the app for you.
51:58
Sign up through the App Store and you can even pay in Sats.
52:01
And of course Opti and I appreciate all the messages and
52:03
the love and the support that we are getting.
52:06
We appreciate it all guys, thank you so much.
52:08
Anyways, Opti, it's the best time of the show brother.
52:11
It's time to review some freaking memes.
52:17
The daily meme review. Brought to you by Kaboom Racks.
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Kaboom Racks. All right, tweet to the bullets.
52:50
Memes to the artillery. Tag me on Twitter.
52:52
Simply Bitcoin TV for your memes.
52:54
Drop them in our Telegram group and I will find them.
52:58
I will do my best to get your meme up here, and I will also do
53:02
my best to not butcher your meme.
53:04
And on that note, I am going to butcher this meme.
53:07
So shout out to Suli Kobayashi on Twitter and he goes the time
53:11
it took. The US to borrow $1 trillion.
53:14
Bitcoin fixes this and this is just a you know a bunch of
53:18
numbers here and it goes speeding up debt.
53:19
A chronology of the United States race to trillions
53:22
trillion number time it took the United States to borrow $1
53:25
trillion. I'm not going to do the whole
53:27
thing because it's it's just ridiculous.
53:30
But the first trillion took 195 years in the US to a rack up
53:35
that deck. The second trillion took four
53:37
years and then the number slowly but surely gets faster and
53:42
faster and. Faster until the 31st trillion
53:44
is 6 months. Now remember what I did last
53:48
week in the culture? The last trillion they spent in
53:50
30-4 days. So what is this telling you?
53:53
They are spending more and more money at a faster and faster
53:57
rate. And hashtag Bitcoin fixes this.
54:00
As long as they have the unlimited credit card of
54:04
spending and spending and spending, they will never stop
54:07
spending because they are not incentivized to stop that
54:10
spending or else. It might blow up on them as a
54:14
fossil, he says. It's 11th grade math.
54:16
They have to continue to print money to try to get out of the
54:19
situation that they're in. OK anyways, this next meme, it
54:23
is, quote, tweeting Bitcoin magazine.
54:25
And it goes news. Texas Blockchain Council,
54:27
director of Bitcoin mining analytics announces candidacy
54:30
for Texas House of Representatives.
54:32
Texas is Bitcoin country. And we have at the Rulers Broken
54:36
on Twitter and he's using the classic Drake Hotline Bling meme
54:40
format here and he's going no politicians getting into
54:44
Bitcoin. Nah, yes, Bitcoin is getting
54:47
into politics. I think this is this is a wave
54:50
that a lot of us bitcoiners have been seeing.
54:52
Yes, you know me, I'm, I'm not, I would say apolitical, but
54:57
maybe I'm like anti political. But I'm I'm coming around to it.
54:59
I'm, I'm starting to realize the importance of getting involved.
55:02
And I don't think it's enough to have politicians become
55:06
bitcoiners. It it's about you guys out there
55:08
if you are so incentivized to put your hat in the ring.
55:11
Because bitcoiners are everywhere, they will be
55:14
everywhere and everyone will be a bitcoiner on a long enough
55:17
time frame and getting getting charged what's what's my Boy?
55:21
Brandon always says if you do not get involved in politics,
55:24
then you will be run by your inferiors.
55:28
I'm pretty sure that's a Plato quote that I just butchered.
55:30
Anyways, this next meme is by Maxi's Club.
55:33
And we got a female huddler. We got a wife of a bitcoiner
55:36
here and she goes counting down to holidays.
55:38
And we got the bitcoiner. No, the Bitcoin halving.
55:41
We are counting down to the Bitcoin halving.
55:43
How many days is it? I think it's around 300.
55:47
I think it might be less, I don't know.
55:49
Whatever. Anyways, it's soon.
55:51
It's in April. I think of next year if it
55:53
hasn't. Speed up.
55:55
Anyways, this next meme is by Thomas Farr.
55:57
He's been killing it. He goes, if you don't believe me
55:59
or don't get it, I will try to explain it to you because this
56:02
is very important. Hashtag Bitcoin.
56:04
If you know that's a play on this Atoshi quo and we have, you
56:08
know, one ounce of US gold coin in 1933 and it is $20.67 and you
56:14
can see, you know, $20 and $1.00 bills and $0.67 in coins and
56:19
then one ounce of US. Gold coin in 2020 is 1007. 100
56:24
Opti Opti we we we have just broke 100 likes.
56:30
We keep the streak, keeps going guys.
56:33
We appreciate y'all for smashing the like button.
56:36
It really really helps us push us push the orange signal.
56:39
And the one ounce of US gold coin in 2020?
56:43
It's a stack of $1.00 bills and it is a huge stack adding up to
56:48
17. 70 When 1776 OK, this next one Nico this is a family
56:55
friendly one. Ish.
56:56
Shout out to Andres and he goes, he tagged us and he goes
56:59
ammunition fresh out the press. Maybe he might have stole
57:02
Robium's meme and updated it and he says I go to therapy but
57:05
nothing helps me And he's just got all these social media apps
57:08
and you know some not so savory websites here.
57:13
And then he goes the Chad bitcoiner.
57:16
Guys, don't worry brother. I know some things that will
57:18
help you. Reading, lifting weights, saving
57:19
in Bitcoin, meditating, praying. And I I don't know what this
57:23
book is here, I can't read it. But we have the solution to fix
57:28
your mind. You just stack some sets.
57:31
It just get right mentally, physically and everything else
57:34
will fall in place. Make sure your finances are
57:36
right. Make sure you are getting
57:37
outside, touching grass, hanging out with good people, eating
57:40
good. And maybe you won't be
57:41
depressed. Whoa, Jack.
57:43
OK, this next meme is by the Bitcoin therapist, and he goes,
57:45
you're early hashtag BTC. And we just got the the
57:50
parabolic Bitcoin price. And it goes spot Bitcoin ETF
57:54
before a little pump. And then we got a, you know, a
57:57
dump and nation state starts stacking and then we're going
58:00
absolutely parabolic with the Bitcoin price in this next bull
58:04
run. You're still early.
58:06
Bitcoin has not taken over the world.
58:07
And this next one, shots of the Dell, he dropped me this this is
58:11
a Gnoster tweet or post or whatever they call it on
58:14
Gnoster. And you know me, sometimes it is
58:17
just words tweets, screenshots that are the memes.
58:22
And Dell sent me this this morning in our slack and he
58:25
goes, this is a Noster post by Lynn Alden And she goes, good
58:28
morning, a major financial institution read at, reached out
58:32
and asked to have a meeting about memes.
58:36
Hey me and to the Bullets tweets Tweets of the artillery means
58:39
wait tweets of the bullets meme to the.
58:41
Artillery don't count out nomadic warfare, bro.
58:44
That's all I'm going to say. All the way down, guys.
58:47
This is the power. Of life.
58:48
Life is. Life is.
58:50
Life is but a meme. This is meme, yeah.
58:52
This is why we we tell you guys to continue to put the Bitcoin
58:57
message in meme form in palatable bite size.
59:01
You know, pictures, whatever, whatever, whatever.
59:04
Make it, make it funny. Make it make calls of actions.
59:09
Ridicule the corporate press. Keep your friends heads in the
59:12
game because they are watching the memes and it's memes all the
59:15
way down. The memetic warfare is strong.
59:19
And they don't want you to know. But what are we gonna do?
59:22
We're gonna spread the memes anyways.
59:25
Anyways guys, if you wanna help support the show.
59:28
Of course everything that we do is free, but if you do wanna
59:30
send us some sats. To help us stay on air.
59:33
We are expanding, we are growing.
59:35
We're trying to get you the most amount of Bitcoin content
59:38
possible on YouTube. I think we did that simply
59:41
Bitcoin. The little channel that could.
59:44
I think we released the most amount of Bitcoin content last
59:47
month out of a lot of the Bitcoin content creators, so
59:51
we're super proud of that. We need your help.
59:53
If you wanna help support the show, scan the QR code that will
59:57
take you to our website and there's a Bitcoin link there and
1:00:01
there's a SATS link there as well.
1:00:03
Drop me review. Drop me review in the chat.
1:00:05
Drop me review in the chat. Drop the meme review in the
1:00:08
chat. My meme score.
1:00:10
I'm gonna go first. I'm gonna give it the back of
1:00:12
the nautil Dojo. Not the front, but the back.
1:00:16
Yeah, yeah, much. Faster, so red.
1:00:19
Yeah, yeah. Okay, I'm gonna give it this
1:00:24
Pacific Bitcoin sticker. Of get on the mission.
1:00:29
I like that. This is all we are doing here.
1:00:32
Get on the mission, Stack them sat.
1:00:33
Spread the mission. Spread the signal.
1:00:36
Because the world still doesn't know.
1:00:38
I like that Bitcoin is the way. Okay, I like that the one of
1:00:43
these is good. Geez.
1:00:47
All right, let's start with me. A rope.
1:00:49
I rate the memes. The guy or girl who put the beat
1:00:53
down on Opie last weekend? She.
1:00:56
She hold on, hold on. I got I got a she share for you,
1:00:59
bro. Hey, go.
1:01:04
Fuck yourself, Rob. OK.
1:01:06
OK. All right.
1:01:06
There's next one. Nika.
1:01:08
Wait. Nika doesn't know.
1:01:09
I'll. I'll do it.
1:01:10
I'll do it for my boy here because he's trolling me.
1:01:13
Opti fields E Boy ice cream, Yum, Yum, lick, lick, score.
1:01:16
Reading E Boy boys Ice cream, ice cream Yum, Yum, Yum.
1:01:20
Doggy, doggy. Wow.
1:01:22
Wow. Yes.
1:01:23
Yes. Oh, my God.
1:01:24
Yes, Please. No, No, no, no, No, no.
1:01:28
You suck. Elaine shout out Elaine, more
1:01:33
bitcoiners are born as simply Bitcoin message spreads 300.
1:01:37
Watching 200 likes incoming than climbs exponentially.
1:01:40
Appreciate you, Lane. Appreciate you coming in every
1:01:43
day. That helps us support the show.
1:01:45
It really means the world to us. UTXO, we wouldn't be here
1:01:48
without you, UTXO says. I give the memes a healthy help,
1:01:52
healthy helping of. Schoperhammer.
1:01:55
Schoperhauer philosopher UT XL hiddenness with the
1:01:59
philosophers. Ho cog honk Hogan giving.
1:02:02
Hey, I glad to see you back in the chat, brother Honk, Hogan
1:02:05
says, giving my Metallica coffee cup.
1:02:08
I love that. I love that.
1:02:13
And rape, rape, elevator, rave elevator is I score.
1:02:19
The meme steaks on the grill today.
1:02:21
Love that, love that. We got another score.
1:02:26
Nico score was no, no. He was trolling.
1:02:28
He. Did not give the back of the
1:02:29
noddle he get. It's true it.
1:02:30
Technically this is the back of the noddle.
1:02:32
For anyone who hasn't seen it, it's.
1:02:34
Actually really, really badass Fact Check.
1:02:37
So I got fact. Check in real life in real time.
1:02:40
So planet Earth. Give the memes if you got
1:02:44
yourself a case of the Monday smashed by more sats now.
1:02:48
Absolutely. Are we Are we buzzing it?
1:02:51
Are we buzzing it? We are buzzing it?
1:02:56
All right guys, we are out of time.
1:02:58
Guys, thank you so much for tuning into another episode of
1:03:00
Simply Bitcoin Live. If you enjoyed this show, you
1:03:02
know what to do. Smash that like button.
1:03:04
Consider subscribing if you feel like we provided you value.
1:03:08
But the number one thing you can do to help push the peaceful
1:03:10
Bitcoin revolution forward is share this content.
1:03:14
Share all Bitcoin content. Don't share shit coin content.
1:03:16
That's about counterproductive. Don't shit coin.
1:03:19
It's bad for you. What Producer Jacob says all the
1:03:22
time. I'm your host.
1:03:23
Nico is my legendary cohost Opti.
1:03:26
We will, but we'll be back. I misspoke.
1:03:29
Everyone OK? I misspoke.
1:03:33
Jesus, getting hammered. But if you guys do want to
1:03:36
continue the after party, we are cohosting a spaces with our
1:03:40
friends over at the Pacific Bitcoin Festival, the the
1:03:45
largest Bitcoin festival on the West Coast.
1:03:47
You definitely don't want to miss it.
1:03:48
You can hang out with Opti and all the other you know, All the
1:03:51
other bitcoiners are just hanging out trying to talk
1:03:53
Bitcoin, trying to talk freedom and hope and prosperity.
1:03:57
So definitely want to join that but until the Until then guys
1:04:00
love you all and I will catch you opting.
1:04:03
I will catch you tomorrow, 12:15 PM Eastern Standard Time for
1:04:06
another episode of Simply Bitcoin.
1:04:09
Live. Peace, peace out.
1:04:09
Y'all. All right guys, you already know
1:04:21
the deal. It is the Monday show.
1:04:23
We are on Twitter spaces. Come up here.
1:04:26
Add your two sets to the conversation.
1:04:28
Nico is getting destroyed in the chat for his lack of speaking
1:04:32
skills. But we got some time today we we
1:04:36
went we we even went long. Guess we didn't go too long.
1:04:40
Anyways, come up here. This is a Bitcoin space by
1:04:43
bitcoins. 4 bitcoins. So.
1:04:45
I do not want to sit here on my soapbox for another 40 minutes
1:04:47
talking about Bitcoin. I talked enough already.
1:04:51
You come up here, add your two sets to the conversation.
1:04:54
This is a safeish space for Bitcoin or safeish.