Latest / Simply Bitcoin / Gary Gensler Changes Tune on Spot Bitcoin ETF | EP 889

Transcript

Gary Gensler Changes Tune on Spot Bitcoin ETF | EP 889 · Simply Bitcoin

• 0:16
  It's all going to zero against Bitcoin.
• 0:20
  It's going up forever. You're against Bitcoin.
• 0:29
  You're against freedom. Yo, good morning everybody.
• 0:35
  We are back for another episode. As you can tell, I'm hosting the
• 0:38
  show today. Nico got sick, but the show must
• 0:41
  go on and as you guys can tell from the title, we're seeing a
• 0:45
  change of tune from Gary Gensler.
• 0:47
  Gary Gensler was interviewed last night and he is starting to
• 0:51
  be less squeamish in regards to what's actually happening with
• 0:54
  the Spot Bitcoin ETF. Instead of being extremely vague
• 0:59
  and not alluding to anything and just saying, Oh yeah, we'll
• 1:02
  figure it out, I don't know what's going on.
• 1:04
  He's been saying what we've all been thinking.
• 1:06
  The SEC has changed their point of view of Bitcoin and they're
• 1:12
  taking a new look at a spot Bitcoin ETF and they referenced
• 1:16
  the DC courts on their GBTC ruling.
• 1:20
  And you know, it really makes you think what's going on behind
• 1:23
  the scenes at the SEC. We know Gensler is a Bitcoiner.
• 1:27
  He taught a class at MIT on Bitcoin and blockchain and we've
• 1:31
  seen that he, you know for better or worse, does seem to
• 1:35
  actively believe in protecting investors, at least quote UN
• 1:39
  quote and if he is a Bitcoin maxi then it really makes you
• 1:43
  wonder what is going on. But I think as we've been saying
• 1:47
  for a while, he is not a fan of the altcoins out there.
• 1:51
  Quote UN Quote Remember, we're still in the 1st 2 minutes of
• 1:53
  YouTube, So you know, it really just goes to show that the
• 1:59
  public sentiment is changing around Bitcoin.
• 2:02
  On the one hand, we have politicians fighting Bitcoin.
• 2:07
  On the other hand, Bitcoins incentives are so pure that
• 2:10
  people are starting to, you know, for better words, get
• 2:13
  greedy on the sidelines. Or maybe people are starting to
• 2:15
  see the light that Bitcoin truly is the money of the future.
• 2:19
  We will never know. But one thing is for sure,
• 2:21
  Bitcoin is knocking on their door and it's truly a train that
• 2:25
  cannot be stopped. Plus on the same day we got a
• 2:30
  Financial Times article talking about Bitcoin changing ESG
• 2:36
  narratives. And again I'm going to kind of
• 2:38
  go into this because I I don't really believe in these
• 2:40
  narratives and and being ESG friendly and all this stuff.
• 2:43
  But again it just goes to show that the theme of today's show
• 2:47
  is that the narrative is changing around Bitcoin and
• 2:50
  where is it coming from? Is it someone from up high
• 2:53
  telling people nodding on their shoulders and saying hey you
• 2:56
  need to embrace Bitcoin? Is this the BlackRock PR hitting
• 3:00
  the mainstream right now? Are people starting to see that
• 3:03
  bitcoins incentives are pure or is it, you know, just one of
• 3:07
  those things that they have to abide by Bitcoin because it is
• 3:11
  going to take over the world? Well, we will see how this plays
• 3:15
  out because on the one hand this week we had Elizabeth Warren
• 3:18
  attacking Bitcoin. On the other hand we are seeing
• 3:21
  that the institutions are slowly but surely embracing Bitcoin.
• 3:24
  The Spot Bitcoin ETF is about to hit the mainstage, most likely
• 3:29
  Q1 of 2024, making 2024 to be an epic year in regards to Bitcoin
• 3:37
  price appreciation. And here you are Frontline Story
• 3:41
  again. The TLDR is Bitcoins game theory
• 3:43
  is just playing out in real time heading into 2024 and you just
• 3:46
  love to see it. So welcome to Simply Bitcoin.
• 3:48
  We are your number one source for the peaceful Bitcoin
• 3:50
  revolution. We cover breaking news, culture
• 3:51
  and nomadic warfare. We're being on bit corners from
• 3:54
  all around the world, from the biggest names to the everyday.
• 3:57
  A non bitcoiner and we will be your guide through the
• 4:01
  separation of money and state. And as I said, you know Nico's
• 4:05
  sick but we have his other half here who surprisingly didn't get
• 4:09
  sick, but apparently everyone else did get sick.
• 4:12
  So how are you doing Self good to have you.
• 4:15
  Pretty excited for this Friday. It's going to be a good show
• 4:17
  actually guys, we have a meme review so you better be excited
• 4:20
  for this Friday. Anyway Self how you doing this
• 4:22
  morning? I'm doing well.
• 4:24
  Didn't really sleep very much last night.
• 4:26
  I was taking care of Nico. He's resting right now.
• 4:31
  And yeah, by some miracle I'm not sick.
• 4:34
  My whole family got sick. All of my friends got sick.
• 4:38
  So if you guys are out there, take care of yourselves.
• 4:41
  Take some vitamin C, emergency, airborne, whatever you got to
• 4:45
  take and and yeah, stay out of the cold.
• 4:49
  Yeah, it's, you know, I've been struggling all week.
• 4:52
  I'm sure you guys can still hear it in my voice.
• 4:54
  Monday and Tuesday was extremely rough.
• 4:56
  Wednesday was a little more rough, but I think I broke it
• 4:59
  yesterday. So anyways, anyways, enough
• 5:02
  complaining about the Vegas virus.
• 5:04
  We have a guest today, shouts out to Will.
• 5:07
  We're we're doing a a ABK takeover.
• 5:10
  You know Will is I I'd say a a friend at this point, but also a
• 5:15
  huge fan of the show and he trolled me before.
• 5:17
  He's like finally my dream came true and I'm on simply Bitcoin.
• 5:20
  So how you doing Will? What are we talking about today
• 5:23
  in the culture? I know what's going on, but
• 5:25
  let's let you plug it already. Yeah, thanks Afti.
• 5:29
  So, so happy to be here. We're plugging brand new book 21
• 5:33
  Futures Tales from the Time Chain.
• 5:35
  This is the first ever Bitcoin fiction anthology, so had a
• 5:41
  consensus network. Shadow Bitcoin publisher put out
• 5:44
  the call for authors to submit short stories about Bitcoin
• 5:48
  fiction. These are the 21 best short
• 5:50
  stories that won. And yeah, just happy to promote
• 5:54
  it. Let's go.
• 5:56
  Excited, excited. And guys, I would say it was a
• 5:59
  live giveaway, but we had to figure it out before the show.
• 6:01
  Will is going to do a giveaway today, so hopefully they're here
• 6:06
  watching. Anyways, we'll get into all that
• 6:08
  today. Let's get into the show so we
• 6:11
  can get you guys into the weekend.
• 6:13
  Here we go. The Bitcoin numbers.
• 6:18
  Is your Bitcoin and cold storage really secure?
• 6:21
  Is your seed phrase really secure?
• 6:23
  Stamp seeds? Do it yourself.
• 6:25
  Kit has everything you need to hammer your seed words into
• 6:29
  commercial grade titanium plates instead of just writing them on
• 6:33
  paper. Don't store your generational
• 6:36
  wealth on paper. Papers prone to water damage,
• 6:39
  fire damage. You want to put your
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  generational wealth on one of the strongest metals on planet
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  earth, Titanium. Your words are actually stamped
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  into this metal plate with this hammer and these letter stamps.
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  And once your words are in, they aren't going anywhere.
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  No risk of the plate breaking apart and pieces falling
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  everywhere. Titanium stamp seeds will
• 6:59
  survive nearly triple the heat produced by a house fire.
• 7:02
  They're also crush proof, waterproof, non corrosive, and
• 7:05
  time proof. All things that paper is not
• 7:08
  allowing you to huddle your Bitcoin with Peace of Mind for
• 7:11
  the long haul. Stamp your seed on stamp seed.
• 7:15
  Of course guys, scan the QR code.
• 7:17
  Make sure you do not have your seed phrase on a piece of paper
• 7:21
  in your sock drawer like I know 95% of you guys are.
• 7:25
  Anyways, let's get in the numbers.
• 7:27
  We're over here on Clark Woody Dashboard.
• 7:29
  Of course, the only number that really matters in regards to
• 7:32
  Bitcoin in my opinion is the block height.
• 7:34
  Tick tock next block. It's almost like Bitcoin works
• 7:36
  exactly as designed and we're currently at a block height of
• 7:40
  800, 21,331 and the Bitcoin price it's starting to inch up
• 7:46
  again. You know we're at 42,000 and $5.
• 7:48
  The SATS per dollar, AKA how much your Bitcoin is worth in 30
• 7:53
  Fiat dollars is 2381 SAT per dollar.
• 7:57
  The total percentage of Bitcoin that will ever be issued is
• 8:00
  93.19%. The market cap in Fiat terms of
• 8:04
  the whole Bitcoin market is $822 billion.
• 8:08
  The realized monetary inflation taking Fiat currencies, the
• 8:11
  school is at 1.75%. The Bitcoin versus gold market
• 8:14
  cap is at 6.04%, only 6% in the hard money game guys and you
• 8:19
  guys are bearish out there. Couldn't be me, can't relate.
• 8:21
  Anyways, the total lightning capacity public lightning
• 8:24
  capacity is 5024.06 BTC. The hash rate the last 90 days
• 8:29
  is that 455 point 4X hashes and oof.
• 8:33
  Look at those pending fees today.
• 8:34
  Ouch. OK, it's at 23.91 BTC.
• 8:39
  Apparently the ordinals guys are having some fun on the network.
• 8:42
  Some would say spamming. I would say spamming as well,
• 8:45
  but man it's getting expensive to transact on the network this
• 8:49
  weekend. Sheesh.
• 8:50
  Anyways, the blocks to having is 18,669 blocks till having and
• 8:55
  the having estimate day is, at least according to today's
• 9:00
  estimation, going to be on the meme number of April 20th, 2024.
• 9:05
  All right guys, so that was telling you we see a new change
• 9:11
  of tune, a new talking point coming out of Gary Gensler, and
• 9:17
  we've been covering Gary all year long in regards to what's
• 9:19
  going on. You know, at first we kind of
• 9:21
  speculated that the spot Bitcoin ETF wasn't approved because of
• 9:25
  political reasons. Later in the year, it turns out
• 9:28
  that, yeah, I think we were right.
• 9:29
  There was some political reasons behind it.
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  You know, we had a very great conversation with Tone Bayes on
• 9:35
  our IRL series and he was basically saying that, hey, love
• 9:40
  him or hate him, Gary Gensler is a maximalist.
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  And what he doesn't want to happen on his watch is him
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  approve a spot Bitcoin ETF and then not be able to not approve
• 9:53
  all of the shit COIN ETF to follow because we know they will
• 9:57
  follow. So he's been doing his damnedest
• 9:59
  to push this out for as long as possible, that he has a little
• 10:03
  more runway. So or rather a little less rope
• 10:06
  to hang himself because he knows there's Bitcoin and then there's
• 10:09
  shit coin. Bitcoin is not a security yet
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  everything after Bitcoin is a security.
• 10:16
  Gary Gensler knows this. And if you watched his
• 10:18
  interviews throughout the year, you'd be very hard pressed to
• 10:22
  wonder what's going on with Gary, 'cause he was very tight
• 10:25
  lipped. He was very squeamish.
• 10:27
  You could tell that he wanted to say something.
• 10:29
  You can tell he knows what he's talking about.
• 10:31
  And yet he'd go up and, you know, in front of Congress and
• 10:34
  and he'd go in these rant about conversations and he'd ask them
• 10:39
  questions, and he had very little to even talk about in his
• 10:43
  answers. He'd go on television saying the
• 10:45
  same thing, saying, oh, we don't know, I don't have that much
• 10:48
  power. I can't really do much.
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  And yet we know that he knows that there's Bitcoin and there's
• 10:54
  everything else. Well, apparently now again, a
• 10:58
  lot of us have been saying maybe it's because BlackRock finally
• 11:01
  filed a spot Bitcoin ETF, that they're getting the the nod from
• 11:04
  high that yeah, it's OK to start embrace Bitcoin.
• 11:07
  Or is it just time now for Bitcoin to finally be
• 11:11
  financialized and be mature and and hit the mainstage?
• 11:14
  Well, again, I don't think we will know, but all we do know is
• 11:18
  that a spot Bitcoin ETF is most likely coming January 2024 Q one
• 11:23
  of 2024 where everyone's speculating and more than just
• 11:28
  bitcoiners were speculating, that it's most likely going to
• 11:30
  get approved. So maybe Gary won't be able to
• 11:34
  push this out until he's no longer in office.
• 11:37
  Maybe he, you know, has some things lined up for himself that
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  he's OK with finally approving a spot Bitcoin ETF.
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  When does he get out of office? I think it's after 2024, I think
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  it's 2025. So I don't think he's going to
• 11:53
  be able to push this out for another year.
• 11:56
  He's been doing his best to kind of make sure that this doesn't
• 12:00
  get approved on his watch. He is again, he is a Bitcoin Max
• 12:04
  list. I think we can all confirm at
• 12:06
  this point that he knows what Bitcoin is.
• 12:08
  He taught a whole class on it at MIT.
• 12:09
  Guys like he's not as stupid as you guys would like to paint
• 12:13
  him. He understands what's going on,
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  but he also understands from the political legal side what is
• 12:20
  going on and if he approved, they spot Bitcoin ETF.
• 12:23
  He's going to get a floodgate of shit coin ETFs as well.
• 12:26
  And based on the rulings it's going to be very hard for him to
• 12:29
  say no to those. So he's doing his best to avoid
• 12:31
  this. Though we did get a ruling today
• 12:35
  from the SEC on Coinbase that I will cover and I think is going
• 12:38
  to further add to the idea that he is a Bitcoin maximalist yet.
• 12:43
  OK, let's listen to this video and there's a lot going on here
• 12:47
  in this 40 seconds. But another topic Approval
• 12:50
  process going for a spot Bitcoin ETF.
• 12:53
  I know you're facing a window in early January.
• 12:55
  What does that look like? Well, Sarah, we have, I think
• 12:59
  it's between 8:00 and a dozen filings.
• 13:01
  I'm a chair of a Commission, I'm not to prejudge anything.
• 13:05
  So that's going through the process right now.
• 13:09
  And as you might know, we had in the past denied a number of
• 13:15
  these applications, but the courts here in the District
• 13:19
  Columbia weighed in on that. And so we're taking a new look
• 13:23
  at this based upon those court rulings.
• 13:27
  Mark, it's excited about it and you're referring to the on
• 13:29
  another top. All right, guys, Hold on, hold
• 13:32
  on, hold on. Before I go into this, do you
• 13:35
  see this smirk right here? Oh, wait, what's going on?
• 13:38
  Oh, man. All right, my my internet's
• 13:40
  acting up. But did you guys see his smirk
• 13:42
  at the very end of that little clip?
• 13:45
  They said markets are excited about this and and Gary just had
• 13:48
  a nice little smirk, like he knows that we know that we know
• 13:52
  what's going on. And anyways, all right, what do
• 13:55
  you say he say we're taking a new look at the Bitcoin Spot ETF
• 13:58
  well before? He got paid.
• 14:01
  He got paid by somebody that that translation.
• 14:04
  He got paid this, this reeks of corruption.
• 14:07
  This is just typical Washington DC Everybody gets paid to show
• 14:13
  what they want and obviously somebody is tapping him on the
• 14:17
  shoulder because maybe and who knows, maybe it has nothing to
• 14:21
  do with Bitcoin. Maybe it has to do with some
• 14:23
  shit coiner who is lobbing for the the Bitcoin ETF to be
• 14:28
  approved so that their shit coin goes up.
• 14:32
  You know, we have no idea what's going on, and that's the
• 14:34
  shadiness of Washington, DC. Well, yes, I've been saying all
• 14:39
  year I think Gary has been playing some cover for the big
• 14:43
  banks rather you know, we know that in the position that he's
• 14:46
  in, there is some big lobbying groups and he can't just
• 14:50
  wholesale do what he wants to do.
• 14:52
  Anyways, what we saw in that little clip was first and
• 14:58
  foremost that they have finally announced that they are changing
• 15:04
  their tune and they're taking a new look into Bitcoin.
• 15:08
  And it's something we've been saying all year, like it's very
• 15:10
  crazy that they approves futures, Bitcoin ETFs, but
• 15:16
  approving a spot Bitcoin ETF is too dangerous and you know they
• 15:20
  need to protect the investor and all that stuff.
• 15:23
  Well now after this grayscale or GBTC grayscale ruling that we
• 15:28
  saw mid of this year, we saw the BlackRock ETF be announced.
• 15:32
  We are starting to see a change of tune.
• 15:34
  So let's look into this grayscale ETF for a second and
• 15:39
  then I want to cover the Coinbase news that just came out
• 15:42
  this morning from the SEC, and we're going to connect the two
• 15:45
  and show that. I think what Tone Vase has been
• 15:48
  saying about Gary is right. I'm pretty sure he is a Bitcoin
• 15:52
  Maxi. He understands Bitcoin, yet he
• 15:54
  is terrified of approving a spot Bitcoin ETF because it's going
• 15:59
  to open the floodgates for shit coins.
• 16:01
  And none of us want that here because we all know shit coins
• 16:04
  are securities and it's just going to make his job that much
• 16:06
  harder. So I'm sure he's trying to do
• 16:07
  less paperwork. Anyways, we're over here on
• 16:10
  Reuters. This is August 29th explainer
• 16:13
  Understanding Grayscale's Victory and Spot Bitcoin ETF.
• 16:16
  I'm just going to lay this out a little bit because I've kind of
• 16:18
  already covered it, but what went down with Grayscale SEC
• 16:21
  last year denied Grayscale's application to convert its Spot
• 16:23
  Grayscale Bitcoin Trust GBTC into an ETF listed on the New
• 16:28
  York Stock Exchange. While the agency has rejected
• 16:31
  spot Bitcoin ETFs, it has approved Bitcoin futures which
• 16:34
  track agreements to buy or sell Bitcoin at a pre agreed price.
• 16:37
  Grayscale and Arca proposed using the same market
• 16:40
  manipulation and safeguards that were approved for those futures
• 16:42
  ETFs, but the but the SEC said that did not meet its bar.
• 16:47
  Grayscale's argument is that the Bitcoin futures ETF surveillance
• 16:51
  arrangement should also be satisfactory for Grayscale spot
• 16:54
  ETF since both products rely on bitcoins underlying price.
• 16:57
  Grayscale's lead counsel Donald Virelli Junior, told the court
• 17:01
  in March that a spot Bitcoin ETF would better protect investors
• 17:04
  because it would give them the benefit of CME oversight of the
• 17:08
  market. And what did the court say?
• 17:10
  The courts panel judges said Grayscale showed that its
• 17:12
  proposed Bitcoin ETF is materially similar to the
• 17:15
  approved Bitcoin futures ETFs. That's because the underlying
• 17:18
  asset, Bitcoin and Bitcoin futures, are closely correlated
• 17:22
  and because the surveillance sharing agreements with the CME
• 17:24
  are identical and should have the same likelihood of detecting
• 17:28
  fraudulent or manipulative conduct in the market for
• 17:30
  Bitcoin. With that in mind, the court
• 17:32
  ruled that the SEC was arbitrary and capricious to reject the
• 17:35
  filing because it never explained why Grayscale owning
• 17:37
  bitcoins rather than Bitcoin futures affects the Cmes ability
• 17:41
  to detect fraud. So again, we've been covering
• 17:45
  this all year that it seems very interesting.
• 17:51
  Seems very interesting that the spot Bitcoin ETF should be
• 17:57
  delayed when they approved futures ETFs.
• 18:01
  And we know at least if you know anything about ETFs, you know
• 18:05
  that futures are used a lot more for manipulation than spot
• 18:08
  prices because you can't manipulate what the spot is.
• 18:11
  So what is going on? It seems like Gary really just
• 18:16
  doesn't want to approve all these shit coin ETFs to happen
• 18:20
  at the same time and we've seen this trend throughout the year
• 18:23
  and we just saw this drop this morning, which I think helps us
• 18:27
  in our connection of the dots here.
• 18:30
  Gary Gensler this morning, December 15th dropped this
• 18:33
  statement and he goes statement on the denial of rulemaking
• 18:35
  petitions submitted on behalf of Coinbase Global Inc.
• 18:38
  So today the Commission denied A petition for rulemaking filed on
• 18:42
  behalf of Coinbase Global Inc. I was pleased to support the
• 18:46
  Commission's decision for three reasons.
• 18:47
  First, existing laws and regulations applied to the
• 18:50
  crypto securities markets. Second, the SEC addresses the
• 18:53
  crypto securities markets through rulemaking as well.
• 18:55
  And 3rd, it is important to maintain Commission discretion
• 18:59
  and setting its own rule making priorities.
• 19:02
  And then it goes on to basically explain that all shit coins
• 19:06
  basically fall under the Howie test and we don't need new rules
• 19:08
  for this. It's pretty clear cut guys.
• 19:11
  The laws are the laws and I know all the crypto VCs out there
• 19:15
  want to make new rules for for shit coins because like it's my
• 19:19
  new paradigm and like we're doing really cool interesting
• 19:22
  things bro. Like trust me bro this is
• 19:24
  revolutionary. And Gary, Gensler's like, Nah
• 19:27
  bro, like these are securities like it is pretty clear you're
• 19:30
  going to have to follow the laws.
• 19:32
  So now that we're seeing BlackRock embrace a spot Bitcoin
• 19:36
  ETF, now that we have a ruling in DC basically saying that
• 19:41
  materially A futures and spot ETF are no different, there
• 19:45
  isn't no concern for market manipulation.
• 19:48
  You're protecting the investors either way.
• 19:51
  We're seeing that the floodgates are starting to open up.
• 19:53
  We're seeing the green lights open up.
• 19:54
  We're seeing and also we're seeing that the SE CS time to
• 20:00
  approve an ETF is is finally running out.
• 20:03
  They're they're on their last few days, they pretty much are
• 20:07
  going to have to make a decision within two to three weeks from
• 20:10
  here. So it's very interesting that
• 20:13
  we're seeing Gary Genser roll this out and finally come on
• 20:16
  television and say what we've all been saying for a while, Why
• 20:20
  are you treating and ignoring Bitcoin when you have futures
• 20:24
  ETFs? Now he's finally at least he's
• 20:26
  still a little less vague and less squeamish in regards to the
• 20:30
  conversation. But it just goes to show guys
• 20:32
  that something is happening. The market is changing.
• 20:36
  The consciousness around Bitcoin is changing, and it looks like
• 20:40
  the tide is shifting and we're going to see some crazy, crazy
• 20:44
  price action moving forward in Bitcoin, because now there is no
• 20:48
  reason for people not to hold Bitcoin anyways.
• 20:50
  So since you already got a a very toxic Sophie taken, I'm
• 20:54
  going to let Will jump in here and then and then you can put a
• 20:57
  pin on the end of it. What's that?
• 20:58
  Will, What's your thoughts on this?
• 21:01
  Hey, I mean it's all the steps on the way to hyper
• 21:04
  bitcoinization, that's for sure. The thing that's most telling
• 21:07
  for me is it's ultimately us. It's the people.
• 21:11
  It's the plebs. It's the movement, It's the
• 21:13
  global adoption of Bitcoin that's pushing all of this
• 21:16
  forward. Listening to Larry think of
• 21:18
  BlackRock, you know, even him changing his mind on filing an
• 21:22
  ETF in the first place, finally his investors were demanding at
• 21:26
  screaming at hey, you need to offer me products so that I can
• 21:30
  invest in Bitcoin so that that really has been the difference.
• 21:33
  So it's the same with Jerome Powell, the SEC getting all this
• 21:37
  pressure, there's just more and more demand from the market to
• 21:40
  have an Ave. to invest. And also, sorry, also Opti,
• 21:45
  you're absolutely right, it is prudent of him to take those
• 21:49
  steps. Maybe this is the slippery
• 21:52
  slope. You have the futures ETF for
• 21:54
  Bitcoin and that's what leads to a Bitcoin spot ETF.
• 21:58
  There is also an Etherium features ETF, but I would not
• 22:02
  necessarily want that to lead to an Etherium spot ETF.
• 22:05
  So you're right that there are ramifications for things, but
• 22:08
  it's it's ultimately our loud roar going that pushes Bitcoin
• 22:12
  forward. Yeah, couldn't agree more.
• 22:15
  All right, Sophie, what's your what's your toxic take for the
• 22:18
  moment? My toxic take is at the end of
• 22:22
  the day, Honey Badger don't care.
• 22:24
  I think for me personally, all of this news is noise.
• 22:29
  Like sure it's great if futures and a spot ETF gets approved,
• 22:33
  But at the end of the day, if you like, we just need to focus
• 22:37
  on buying Bitcoin and keeping it into self custody whether you
• 22:41
  know somebody approves it or not.
• 22:43
  Or like the Bitcoin was created because it doesn't care about
• 22:47
  all of these government approvals and all of these
• 22:50
  institutional obstacles. So to me it's like the news is
• 22:55
  changing every single day and people are so easily manipulated
• 23:00
  into approving or not approving things that at the end of the
• 23:04
  day, as plebs as Bitcoin Maxis, we just need to focus on the
• 23:08
  goal of sacking SAT's and putting it into self custody.
• 23:12
  And you know, just like not caring about what these people
• 23:17
  are saying. That's that's my opinion.
• 23:19
  Couldn't agree more, Sophie. It wasn't that toxic, actually.
• 23:24
  So anyways. You know what?
• 23:28
  It's more cynical. Sometimes I get a little bit
• 23:30
  cynical because I just, I don't trust the government.
• 23:34
  Like, big surprise there as a Bitcoiner.
• 23:37
  But at the end of the day, it's like it's I I've started to not
• 23:42
  become angry towards that, but just indifferent because I have
• 23:45
  Bitcoin, so I don't care. Yeah, it feels good having sats
• 23:49
  and cold storage and that This is why we Bitcoin guys.
• 23:52
  It's like if you don't like what's going on in the system,
• 23:56
  hold some Bitcoin and just watch the parade and watch the circus
• 23:59
  play out in real time because you're protected by just saving
• 24:03
  a Bitcoin. It's super simple guys.
• 24:05
  Anyways, before we get into today's news and and showing
• 24:08
  more receipts that the tide may be shifting in regards to the
• 24:12
  narrative around Bitcoin, we're going to see you guys in
• 24:15
  Nashville. We just got sick over in Vegas.
• 24:18
  Totally worth it. But we're taking over Nashville
• 24:20
  Bitcoin 2024 July 25th to 27th. Get your tickets today.
• 24:25
  I'm sure the prices are going to go up but if you use the code
• 24:27
  simply you can get a discount. These are the cheapest the
• 24:30
  tickets you're going to get. You guys always complain about
• 24:32
  the price being too much. Of course you guys always yell
• 24:35
  at us about oh you guys are telling us to go to conferences.
• 24:38
  No stack stats first. Go to conferences and stack
• 24:41
  merch later. You don't have to go if you
• 24:43
  don't want to, but if you want to hang out with other people
• 24:47
  that are like you. If you are the lone bitcoiner in
• 24:49
  your town and you are losing your mind because all the
• 24:51
  normies have lost their mind, come hang out with bitcoiners.
• 24:54
  It's always a celebration, It's always a party, It's always a
• 24:57
  good time and you may be hanging out with people that are going
• 25:00
  to be your friends for life. We are building a new world and
• 25:04
  it starts with your local community, it starts with
• 25:07
  building relationships. This is why you go to the
• 25:09
  conferences guys anyways. Go to B dot TC slash conference
• 25:14
  and get yourself a ticket. Let's get into the news today
• 25:16
  guys, because I think this is going to show that the narrative
• 25:20
  is shifting in real time. The.
• 25:25
  Daily News. I want to give a shout out to
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  Check out the passport link in the show notes below to learn
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  more. You know, Nico's so lucky he's
• 26:25
  been sick this week because don't think about taking your
• 26:29
  Bitcoin off exchanges. You need to take your Bitcoin
• 26:32
  off exchanges. He's lucky he's sick cause I've
• 26:36
  been yelling at him all week. We're we're going to get a new
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  ad for Foundation by the beginning of the year.
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  Because don't think about it, you need to take your Bitcoin
• 26:44
  off the exchange, scan the QR code.
• 26:46
  Wait there and get yourself a hardware wallet anyways, guys.
• 26:51
  All right, so as I was saying, like the theme of today's show
• 26:55
  is I'd like to plant the seeds usually about what's going on in
• 26:59
  the world is public consciousness changing around
• 27:01
  Bitcoin? Or you know, on the one hand, as
• 27:04
  I've been saying, we have the politicians attacking Bitcoin,
• 27:06
  which really to me always shows that we are right.
• 27:09
  Anytime a government tries to ban Bitcoin, it just proves to
• 27:12
  me that what we're doing is correct.
• 27:14
  And I've been joking all year long that, like, Brad German is
• 27:17
  my favorite politician because at least he's honest about
• 27:20
  what's going on and he's absolutely terrified of Bitcoin
• 27:23
  winning. And This is why you see them
• 27:26
  attack Bitcoin the way they do. Well, this week, you know, we
• 27:29
  saw Elizabeth Warren double down on her banning of self custody
• 27:34
  bill. Well, it's very interesting that
• 27:37
  on the one hand we're seeing the politicians and central bankers,
• 27:42
  you know, the the even private bankers, the Jamie Diamonds of
• 27:45
  the world, the Elizabeth Warren's of the world, the
• 27:48
  Chrissy Lagarde's of the world, the Brad Sherman's.
• 27:50
  You know, we're seeing them. It doesn't matter if they're in
• 27:53
  the US, if they're in the UK, we're seeing that they are
• 27:56
  actively afraid of Bitcoin. They're trying to do whatever
• 28:00
  they can to stop you from custodying your Bitcoin, which
• 28:03
  to me just shows that you should be custodying your Bitcoin.
• 28:05
  And then on the other hand, we have, you know, Gary Gensler
• 28:08
  changing his tune on a spot Bitcoin ETF.
• 28:11
  We're seeing all around the world that media is finally
• 28:15
  waking up at least a little bit to the idea that, wait, maybe
• 28:18
  Bitcoin isn't so bad. Wait, maybe Bitcoin mining isn't
• 28:21
  boiling the oceans, even though we have Wall Street Journal on
• 28:24
  one hand saying that, oh, we're taking up too much water.
• 28:26
  We're boiling the oceans. Bitcoin is making making a small
• 28:30
  city in Texas turn very foggy and hazy.
• 28:34
  And we didn't, we didn't manipulate this picture here.
• 28:36
  So we're seeing that the media on one hand is attacking
• 28:39
  Bitcoin. And then we have Financial
• 28:41
  Times. Remember what I call the
• 28:42
  Financial Times all year long? It's the Fiat times.
• 28:45
  They're basically the vocal mouthpiece for the traditional
• 28:49
  financial world. And when something slips through
• 28:52
  the cracks, it should make you wonder what is going on because
• 28:55
  they don't just let things slip through the cracks.
• 28:58
  They're basically the official narrative going on and the fact
• 29:01
  that this little article came through and and don't miss what
• 29:06
  the title of the huge article is.
• 29:09
  It just goes to show that they are starting to wake up to the
• 29:12
  idea that, oh wait, maybe our ESG narratives aren't as
• 29:15
  profitable as we thought they would be.
• 29:17
  Maybe these things are failing. Remember, BlackRock literally
• 29:20
  stopped using ESG for their funds.
• 29:23
  Now everyone is kind of changing their tune because they're
• 29:26
  realizing it's not profitable, as the saying goes.
• 29:28
  You know, go woke, go broke. Well, finally, we're seeing
• 29:31
  that. Slowly but surely, the narrative
• 29:33
  around Bitcoin mining is starting to change.
• 29:35
  Slightly positive. Again, a lot of the words here,
• 29:39
  they're using their framing, which I don't totally agree
• 29:41
  with. I think it's detrimental to what
• 29:44
  we're doing, but this is how those ideas get planted.
• 29:48
  Anyways, we have Daniel Batten here and if you don't follow him
• 29:51
  on on Twitter, he's been doing a great job.
• 29:53
  Just proof of work on trying to change the narrative around
• 29:57
  Bitcoin mining, being wasteful about us boiling the oceans and
• 30:01
  ruining the the the ecosystem, ruining the environment.
• 30:05
  And he's very clearly throughout the year's show that the
• 30:09
  statistics, the data shows the complete opposite.
• 30:12
  Anyways, what was this, this morning?
• 30:14
  No, this was two days ago, all right, Daniel Batten wrote.
• 30:17
  I just about fell off my chair. And what is a significant shift?
• 30:21
  The Fiat times. I mean, the Financial Times just
• 30:24
  published its first cautious row Bitcoin ESG article.
• 30:29
  So let's look at the article and you can see at the top it says
• 30:32
  the COP 28, the struggle to save fossil fuels out loud.
• 30:36
  So some big fossil fuel producers are now pushing for a
• 30:39
  phase out. Then they're having a a very
• 30:42
  hard conversation on this because like it says right here,
• 30:45
  the discussion needs to happen on accelerating the speed of
• 30:48
  renewable energy and at the same time decelerating fossil fuels.
• 30:51
  But they're realizing that it's not profitable and they're
• 30:55
  actually hurting themselves. That's the TLDR of this whole
• 30:58
  top of the article. But midway through the article,
• 31:01
  like you can see a lot of countries are talking a lot but
• 31:03
  we need to focus on what the science says.
• 31:06
  Love that. That is the segue going into the
• 31:08
  meat for today's conversation is midway point of this article.
• 31:14
  You can see that they are embracing Bitcoin and it goes
• 31:17
  beyond COP 28 a fresh look at bitcoins ESG credentials so it
• 31:22
  goes. It's a pretty short piece so
• 31:24
  I'll read it in full. For you guys, it goes.
• 31:25
  Could BTBTCAK Bitcoin BESGA recent rise in the price of
• 31:31
  Bitcoin is reviving a debate on whether the digital currency
• 31:34
  could be considered an ESG investment.
• 31:36
  I've been saying it all year guys and I this is me trolling
• 31:39
  and this is me using the framing.
• 31:42
  Bitcoin is ESG friendly. It always has been.
• 31:44
  But I just. I hate using it because I'm
• 31:46
  using their framing. So let's not use that.
• 31:49
  But it's becoming very obvious that this is true.
• 31:51
  Anyways, the recent gross is coming on the heels of a
• 31:54
  possible approval of a spot Bitcoin ETF as early as next
• 31:57
  month. Again, very interesting that now
• 32:00
  the narrative is changing. Once we might get a possible
• 32:03
  spot Bitcoin ETF, it's almost like the narratives are
• 32:06
  switching. It's going to be very
• 32:08
  interesting to see how quickly the narratives do shift and
• 32:11
  start embracing Bitcoin once. Yeah, the nod from up highs.
• 32:15
  Like, yeah. It's crazy how BlackRock rules
• 32:18
  the world, huh? Oh, it's interesting.
• 32:20
  Let's just say that it's interesting.
• 32:22
  OK, so Bitcoin has often been criticized for its heavy
• 32:26
  electricity use. Yearly electricity use from
• 32:28
  Bitcoin mining is one 137.91 terawatt powers, or the
• 32:33
  equivalent of the power usage of Ukraine according to estimates
• 32:37
  by Digi economists. Again, the fact that they're
• 32:40
  quoting Digi economists, we've we've destroyed him throughout
• 32:43
  the year. Don't listen to anything he's
• 32:45
  saying. If you're new to the channel,
• 32:46
  Digi economists is not they trustworthy statistician to say
• 32:51
  the least. But I think this is the point
• 32:54
  where I say unplug Ukraine because we should be taking all
• 32:58
  that electricity and putting in the Bitcoin mining.
• 33:00
  That's a joke guys. That's a joke.
• 33:01
  That's probably an unsavory joke at this point, but anyways.
• 33:05
  But investors such as Daniel Batten at chapter four Capital
• 33:08
  say there is potential for Bitcoin to be environmentally
• 33:11
  friendly or to push beneficial social outcomes.
• 33:15
  Bitcoin energy consumption is high and would continue to go
• 33:18
  up. This is for certain, however, it
• 33:20
  is a mistake to say this means it is anti ESG bitcoins.
• 33:25
  Large electricity usage could turn out to be a benefit in some
• 33:28
  cases, Batten argued, where it could soak up excess supply of
• 33:31
  energy generated via renewable sources such as solar or wind.
• 33:35
  A KPMG report looking at Bitcoin and ESG notes potential social
• 33:39
  benefits to the cryptocurrency could allow previously
• 33:42
  unprofitable small electrical grids linked to local renewable
• 33:45
  energy to become financially viable in developing countries
• 33:48
  and in turn improve electricity access, it said.
• 33:51
  Of course prices of Bitcoin and other cryptocurrencies are
• 33:54
  volatile and post significant regulatory risks.
• 33:56
  This was as bad as you know. You guys know that the the PSA's
• 33:59
  that this is not financial advice stuff.
• 34:01
  Anyways, before I move on though, I'm kind of going to
• 34:05
  take a page from Marty bench book here.
• 34:07
  I as much as I think that Daniel's doing a great job, I
• 34:11
  think we are kind of doing ourselves a disservice by
• 34:14
  lending into their narrative of oh, Bitcoin is ESG friendly and
• 34:18
  you know it's good for renewables.
• 34:20
  When I think what we really need to be doing and he kind of hit
• 34:23
  on this for a second, he says, you know Bitcoin energy
• 34:26
  consumption is high and will continue to go up.
• 34:28
  Like this is for certain. And again, I I don't think I I
• 34:35
  know you guys are killing me in the chat right here.
• 34:37
  I don't think we should shy away from saying that Bitcoins
• 34:43
  electricity is high and this is a good thing I I've been saying
• 34:48
  all year, you know, these people want us back into the stone ages
• 34:51
  and not using electricity when electricity use means the
• 34:56
  advancement of society. The more electricity we use, the
• 34:59
  better off we all are. So I don't think we should lean
• 35:02
  into these narratives of oh, you know, Bitcoin is ESG friendly,
• 35:06
  we're we're only going to use renewables.
• 35:08
  It's like, no, we're going to use the cheapest electricity,
• 35:12
  period. Whatever the source is, because
• 35:14
  this is good for everyone. Don't fall into the narrative
• 35:18
  that oh, we we shouldn't be using electricity.
• 35:20
  Like, I think that is bad framing.
• 35:22
  But anyways, that's beside my point.
• 35:24
  I wanted to highlight what said because again, you know when I
• 35:27
  say it, you probably just like, yeah, that's Opti whatever.
• 35:29
  But when someone like Preston Pitch or anyone that has a
• 35:32
  little more stature than what we do here, it points our picture
• 35:36
  or paints our pictures for us. Look, Preston Pitch says it.
• 35:39
  I've been saying it all year. This is a major highlight.
• 35:41
  The Financial Times represents the legacy narrative again.
• 35:44
  The Fiat Times represents the legacy narrative.
• 35:47
  If they are writing pro Bitcoin ESG material, it's because the
• 35:50
  decision makers on high have finally allowed it.
• 35:53
  I think we are about to see a lot of these shifting pro
• 35:56
  Bitcoin narratives happening in the coming 12 months and not for
• 36:00
  crypto. And that's the point here, guys.
• 36:03
  As Sophie said, you know, it's very interesting.
• 36:05
  Once certain players get into Bitcoin, we're seeing the
• 36:08
  narrative start to shift in real time.
• 36:10
  Well, it just goes to show, hey, money rules the world.
• 36:14
  And once you get some of these suits to come in, one of the
• 36:16
  some of these adults coming in, then we're finally able to
• 36:20
  mature Bitcoin. And people are like, oh wait,
• 36:22
  maybe Bitcoin is a good investment.
• 36:24
  It's not just a bunch of, you know, Internet nerds or
• 36:27
  financial terrorists or a DIQ illiterate, whatever they call
• 36:31
  us guys this next year. I've been saying it all year, at
• 36:37
  least from the very end of the year to now, I think 2024 going
• 36:42
  into 2025, we're seeing a perfect storm set up for
• 36:46
  Bitcoin. Not only are we seeing, you
• 36:48
  know, institutional capital open up to Bitcoin, not only are we
• 36:52
  going to see the FASB rules change, not only are we seeing
• 36:56
  that more and more countries are starting to embrace Bitcoin,
• 36:58
  we're seeing most likely more corporations set up or going to
• 37:02
  try to set up some, you know, micro strategy type balances.
• 37:06
  We're seeing the having We're going to see the price rise and
• 37:10
  then we're going to see mainstream media start to fully
• 37:13
  embrace Bitcoin. And for better or worse guys
• 37:17
  it's going to make number go up. So it's upon us as bitcoiners to
• 37:21
  continue to spread the message that you know, not your keys,
• 37:24
  not your Bitcoin, do not trust the institutions to hold your
• 37:28
  Bitcoin. Take Bitcoin into custody, make
• 37:30
  sure you're securing your Bitcoin, make sure you're
• 37:32
  transacting safely, make sure you're running a node.
• 37:35
  We need to ensure that a solid minority of people out there are
• 37:39
  doing the best Bitcoin practices so that the network does not get
• 37:43
  Co opted because we're seeing in real time that they are doing
• 37:46
  their best to try to control Bitcoin.
• 37:49
  It's not going to work, but they're trying and the narrative
• 37:53
  is shifting in real time and you just love to see it.
• 37:56
  This next year is going to be absolutely crazy.
• 37:57
  I'm sure we're going to have so much to talk about on the show
• 37:59
  because they're going to be talking about Bitcoin all day.
• 38:03
  It's it's it's the conversation moving forward anyways.
• 38:06
  Well I see you not in long. What's your thoughts?
• 38:10
  Yeah, I mean, you know, Nika's not with us today, but his
• 38:15
  spirit lives on. It's not red versus blue, it's
• 38:17
  green versus orange, as he says. My biggest thought is I love the
• 38:21
  way you started off by calling it the Fiat times instead of the
• 38:24
  Financial Times. Like you say, memes really do do
• 38:27
  rule the world and move the world and Fiat.
• 38:31
  That's I think been the biggest successful meme out of out of
• 38:34
  Bitcoin. I never heard the term Fiat or
• 38:37
  really thought of, you know, Fiat plot of money as Fiat
• 38:40
  before Bitcoin. And I think that's just
• 38:43
  referring to money or currency as Fiat in the mainstream has
• 38:46
  been one of the biggest narrative shifts also.
• 38:50
  Yeah, so fun to watch you cringe calling Bitcoin ESG, but yes,
• 38:54
  it's true, it's absolutely true to harness energy anywhere in
• 38:59
  the world. That's my Bitcoin fiction novel
• 39:03
  Bitcoin Girl save the world. One of the big plot concepts is
• 39:08
  the Bitcoin girl destiny. She goes to El Salvador, to
• 39:12
  Bitcoin beach to mine Bitcoin through geothermal renewable
• 39:16
  energy. So just you know, harnessing the
• 39:18
  power of the volcano, that energy is right there.
• 39:21
  But using that that cheap electricity to mine Bitcoin to
• 39:26
  save the world? Love it.
• 39:28
  And and to your point, Bitcoin will save the world.
• 39:32
  Love to see it. Love.
• 39:33
  You Opti on Simply Bitcoin, of course.
• 39:36
  Especially if it's up to girls. Well.
• 39:39
  That's why we need Sophie. Get Nico out of here.
• 39:41
  We need Sophie. More women in Bitcoin.
• 39:44
  Nico, you're fired. He's in bed.
• 39:46
  He's in bed. Sick.
• 39:47
  Like, what are they doing over there anyway?
• 39:49
  Sophie, what's your thoughts? What's your thoughts going on
• 39:51
  here? You know, I agree with
• 39:53
  everything you said. The only thing I disagree with
• 39:55
  you on was the fact that, like we don't want to look at this as
• 40:00
  an ESG score type of thing. We don't want to lean into that
• 40:04
  narrative. I completely disagree with you
• 40:06
  when it comes to, you know, if you've read the book Rules for
• 40:09
  Radicals, one of the things that they explained in that book is
• 40:13
  talking about using their language against them, using
• 40:16
  their logic against them. So if you can say yes, Bitcoin
• 40:21
  is actually. ESG and it forces people to
• 40:25
  adopt Bitcoin. I see that as a positive thing.
• 40:28
  Even if you know we don't like the whole idea of ESG.
• 40:32
  The reality is that people do use it as a metric.
• 40:35
  People love to use ESG scores as like this thing that that
• 40:39
  investors will like guide themselves by to put money in.
• 40:43
  Fine, if if that's the case, then so be it.
• 40:47
  Because the reality is that unlike the narrative of every
• 40:51
  other thing that has a supposed high ESG score, this is for
• 40:56
  real. This actually is like the first
• 40:59
  time in the world that energy can be harnessed, that wasted
• 41:04
  energy in the world can be stored, and the value of that
• 41:08
  energy will go up. So if we need to use and Co-op
• 41:12
  their language to use it against them for the betterment of of
• 41:16
  Bitcoin and for Bitcoin adoption, I say lean into it all
• 41:20
  the way. Hold on, hold on.
• 41:24
  Sophie really is Nico's wife here, you know, definitely
• 41:29
  learned a thing or two from Nico.
• 41:30
  But yeah, you're you're totally right.
• 41:32
  I just. I It just it hurts me.
• 41:35
  I know we're talking about. Energy.
• 41:38
  But here's the thing. I love energy.
• 41:39
  That I know. Me too.
• 41:41
  I love energy too. And I say, you know, use all of
• 41:44
  the energy possible because energy saves the world.
• 41:47
  Without energy and without fossil fuels, the advancement of
• 41:51
  the of the human race would not be possible.
• 41:54
  However, if this is the. Narrative.
• 41:57
  It play their game against them. They're playing it against us.
• 42:01
  You're playing it against us. Why don't we play the game
• 42:03
  against them? It's only levelling the playing
• 42:06
  field. So you know what?
• 42:08
  Go for it. Lean into it all the way.
• 42:10
  I don't care if that's what's going to make normies adopt
• 42:13
  Bitcoin. If that's what's going to make
• 42:14
  them comfortable with Bitcoin, then I say go for it.
• 42:18
  Everyone's saying Leonard Cook, hold on.
• 42:20
  Yeah, listen, Dash call motherfucking book, Alright,
• 42:24
  jump in. Well, what's your thoughts?
• 42:26
  Well, I was going to say Opti, you know, I know you're crashing
• 42:29
  at your parents house. So if you're not whining to them
• 42:32
  to put up Christmas lights to use up as much energy as
• 42:35
  possible, then you're not bullish on Bitcoin.
• 42:37
  So tell your parents, put up those Christmas lights for
• 42:40
  Bitcoin. Yeah, yeah, yeah, of course.
• 42:44
  Well, they definitely have Christmas lights up, so they're
• 42:47
  winning. They're winning.
• 42:48
  They don't need me to tell them to do that.
• 42:50
  Anyways, guys, before we get into the culture and we, I think
• 42:54
  we have a lot of good stuff for you guys on the culture.
• 42:56
  This one's going to be a fun one.
• 42:57
  But first and foremost guys, check out our boys over at
• 43:00
  Kaboom Racks. They're the goats in this game.
• 43:02
  I I had a great conversation with the the CEOs in Vegas.
• 43:08
  They're absolutely awesome dudes.
• 43:10
  One of my good friend, Alex, he will literally tell you not to
• 43:14
  buy a six, even though it's his job to sell you a six.
• 43:17
  So if you're thinking about getting into Bitcoin mining,
• 43:22
  definitely reach out. They will sell you a six.
• 43:26
  They'll buy a six from you. You can host your A6 with them,
• 43:29
  but I I want you guys to talk with them because they will tell
• 43:35
  you what is going on. And again, so many people, they,
• 43:38
  they follow the same steps you figure out about Bitcoin, you
• 43:41
  know, you go all in on Bitcoin and then you realize, wait,
• 43:43
  maybe I can make more money mining Bitcoin and I just don't
• 43:49
  want you guys to hurt yourselves.
• 43:51
  So get in touch with them. If you are in a position to buy
• 43:55
  a six and you have cheap electricity, then by all means
• 43:58
  get in touch with our boys at Kaboom Racks.
• 44:00
  They're doing great stuff. I think they might have some
• 44:02
  awesome announcements coming up, but for you guys out there,
• 44:06
  maybe you have no idea what the true economics of the mining
• 44:10
  sphere is. I want you to get in touch with
• 44:12
  Alex. He will tell you everything you
• 44:14
  need to know that they basically give white glove service for
• 44:17
  free. So join them in their telegram T
• 44:19
  dot me slash kaboom racks. Or you can reach out and chat
• 44:23
  from their websites, but go to kaboomracks.com to get all your
• 44:26
  A6 needs. Anyways guys, let's get into the
• 44:29
  culture 'cause I think we're going to have some fun stuff.
• 44:31
  I I think will might even troll me a little bit.
• 44:33
  We'll see what's going on. Let's let's make this happen.
• 44:35
  The. Daily Culture.
• 44:41
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• 45:04
  Right guys. So, well, this is the point
• 45:08
  where as you were, as we were joking in the beginning of the
• 45:11
  shows, where we let you do all your shilling.
• 45:13
  OK, but well, you've written a few books.
• 45:17
  Bitcoin author. A friend of the show, a friend
• 45:20
  of all of my projects, apparently you you like the high
• 45:23
  level regardedness. What are we doing here?
• 45:25
  Do you want me to start with the trailer?
• 45:27
  Let me know. Let me know how you want to
• 45:29
  handle this. Sure.
• 45:31
  Thanks, Opti. Sounds like I just get to
• 45:34
  control. You do whatever I want today.
• 45:36
  I don't know how much of A privilege that really is, you
• 45:39
  know, who knows, but any, you know, Is this what Winekiss and
• 45:44
  Rope feel like every day on kindergarten?
• 45:46
  Yeah. So first of all, right off the
• 45:50
  bat, please. If you're on X, follow me at
• 45:53
  Real Bitcoin Dog. I've published 2 books.
• 45:56
  The first one is called The Bitcoin Dog, following the scent
• 46:00
  to the Bitcoin C++ source code. If you want ever wanted to see
• 46:04
  the actual C++ code of Bitcoin, I've got it here in my book.
• 46:08
  This is Chapter 3 Scent #3 The 21 Million Bitcoin Limit.
• 46:12
  You can actually see where the code is for how the halving is
• 46:16
  done, what's the actual code running on your node and have a
• 46:21
  line by line explainer of how it works.
• 46:23
  Really. Us plebs.
• 46:25
  We have the power, we run the nodes.
• 46:27
  It's because we choose to run that code that has a having once
• 46:30
  every 210,000 blocks that Bitcoin has its 21 million
• 46:34
  limit. My other book I published is
• 46:36
  called Bitcoin Girl Save the World Fiction novel.
• 46:39
  I know Sophie's excited about this.
• 46:41
  Need need more promotion for girls in Bitcoin.
• 46:44
  It's a really fun, action-packed book.
• 46:46
  Maybe we'll read an excerpt later and I'm about to re
• 46:50
  release it with a new a new cover next month to celebrate
• 46:55
  the one year anniversary. The reason I'm here today of
• 46:57
  course, is because I'm doing a giveaway.
• 46:59
  I'm giving away 2 copies. Two right here.
• 47:02
  I've got 2 two books of Consensus Network, 21 Futures,
• 47:06
  Tales from the Time Chain. So we'll be announcing the
• 47:10
  winners shortly from this giveaway.
• 47:14
  And yeah, so it's the first ever Bitcoin fiction and anthology
• 47:21
  with 21 short stories and I'm very excited.
• 47:25
  You can go to Bitcoin book, sorry books.
• 47:28
  Yeah Bitcoin book dot shop and use promo code Bitcoin Dog for
• 47:32
  10% off. Let's show the trailer.
• 47:34
  Let's let's promote 21 features. Let's do that.
• 47:36
  Cool. Let's let's play this trailer.
• 48:15
  Yeah, and so if you listen, I don't know the second it
• 48:21
  happens, but see if you can scroll to the one with the
• 48:24
  bright yellow dogs. That's the one.
• 48:26
  That's my short story. Never mind that was in the
• 48:28
  video, but that's that's OK. That might be too advanced to
• 48:32
  highlight over to to which one was was why so you.
• 48:36
  Know there it is. Yeah, that's the one I'm talking
• 48:38
  about. Let's go.
• 48:40
  Who let the Bitcoin dogs out? So that's my short story.
• 48:49
  OK, so all these wait wait wait. Well, just just for some
• 48:56
  clarification, all the different I'm guessing they're AI pictures
• 49:00
  were different stories in the Tales from the Time chain, huh?
• 49:08
  Yeah, so, so the so the images each author had an artist to
• 49:14
  sorry. Each author had an opportunity
• 49:17
  to submit their own image for the artwork for their chapter.
• 49:21
  So, so it is the case that yes, this this image is AI generated
• 49:26
  of these Bitcoin dogs. However, a story is highly
• 49:30
  regarded as who let the Bitcoin dogs out could only be my
• 49:33
  imagination to come up with an idea something like that.
• 49:37
  Our most famous author that's included in the book is Canute
• 49:41
  Zhenholm. So if you've ever heard of the
• 49:43
  book or the idea Everything divided by 21 million Canute
• 49:47
  Zhenholm he is, he's in this as well as there's a a major macro
• 49:52
  trader called Alex Agurovich and also Ioni Appelberg.
• 49:56
  Those are other high profile people featured in the book.
• 50:00
  Yeah, here's the description that's on the back cover.
• 50:05
  I'll read it out loud. Some highlights as OPTI showing
• 50:09
  political dissidents scrambled cross the threshold of freedom.
• 50:12
  A decades long hunt for keys. Insights of change in world
• 50:15
  order. A clear blood dares to question
• 50:17
  the oppression of the nodroids. A cryo, frozen oligarch wakes
• 50:21
  into his worst nightmare. A lowly space station miner buys
• 50:25
  a planet. In this book of diverse stories
• 50:28
  planted firmly in the Bitcoin verse, reality fractures into 21
• 50:32
  futures. Some are wonderful, others
• 50:35
  terrifying. Some have Bitcoin dogs.
• 50:38
  You are not. Prepared.
• 50:41
  Oh man, love. It I need it just for the
• 50:44
  Bitcoin dogs. Yes, yes and yeah.
• 50:48
  Eric buys Very proud to have orange peeled Eric.
• 50:53
  Eric is one of my normie friends who now holds Bitcoin in self
• 50:58
  custody and he's a prolific reviewer of regular fiction
• 51:03
  books. So I was able to get him an
• 51:07
  advanced reviewer copy of 21 Futures Tales from the Time
• 51:10
  Chain. And so he has published on
• 51:12
  Bitcoin Magazine the first review of the first ever fiction
• 51:16
  anthology and it really is a fan.
• 51:20
  It's it's a surprisingly well in depth review.
• 51:22
  You read it, you're like, wow, did a Bitcoiner actually write
• 51:25
  this? Like, I can't believe it, it's
• 51:27
  so good. But yeah, so we have.
• 51:29
  So Opti just had that displayed. So I'll let people review that.
• 51:35
  I think let's see next weekend. I guess we'll we'll save the
• 51:40
  announcement of the giveaway winners to the end.
• 51:44
  Let's start off with reading an me reading an excerpt from my
• 51:48
  short story, Who Let the Bitcoin Dogs Out?
• 51:51
  I think that would make sense as the next thing to do.
• 51:55
  Let's go. Is that is that what you sent me
• 51:57
  or is this? As the PDFI sent you.
• 51:59
  OK. OK.
• 52:00
  One second, let me pull this up for you.
• 52:03
  It's OK, yeah. So I'm I'm one of the authors.
• 52:06
  One of the 21 authors, definitely.
• 52:09
  If you like fiction, I think you'll enjoy it.
• 52:11
  OK, so. So my short story is not quite a
• 52:16
  dystopia, it's a caper. So we've got an American secret
• 52:19
  agent from the CIA and a British female secret agent from the MI
• 52:27
  MI6, and the villain in the story is a Frenchman, a French
• 52:31
  aristocrat. His name is Macaroon and and
• 52:37
  it's a caper. So if you think, if you think
• 52:39
  of, catch me, if you can think of the like Casino Royale where
• 52:46
  the American guy and James Bond like, you know, team up.
• 52:50
  Just something like that, an adventure.
• 52:53
  And I'll have fun doing a a British accent and a French
• 52:58
  accent, which will go terrible. But you know, Avi says the fans
• 53:01
  love it and Sophie said that too, so I'll have to do it.
• 53:05
  But yeah, they're teaming up because they need to save these
• 53:08
  dogs that are being held hostage until this French aristocat gets
• 53:14
  his Bitcoin ransom. So I'll go ahead and start
• 53:17
  reading John and Lily Spot macaroons.
• 53:20
  Sitting alone at the white linen table closest to the dance
• 53:24
  floor, he's tapping his Louis Vuitton snakeskin shoes,
• 53:28
  checking his Chanel watch at the end of his silk gloves and
• 53:32
  fluffing his fluffy French Hermet beret and French Ascot
• 53:37
  spilling out of his black and white blouse looks ridiculous.
• 53:41
  John lets out a big sigh. Macaroon stands with open arms.
• 53:45
  Lily, John, welcome to France. Before John can flinch away,
• 53:51
  Macaroon kisses him on both peaks.
• 53:54
  He lifts up Lily's hand for a kiss.
• 53:56
  Mademoiselle John raises his hand.
• 53:59
  Waiter, I'll take a bourbon knee and make it a double slap.
• 54:05
  Hey, what was that for Frenchie? John asks as he rubs his face.
• 54:10
  Macaroon puts the silk glove he used to slap John back on.
• 54:15
  Rue the American. Where are your manners?
• 54:18
  He pulls a hidden red detonator clipped in the folds of his
• 54:21
  Ascot, a clear cover protecting the trigger.
• 54:24
  Don't drive me to prematurely push this button and blow up the
• 54:29
  boat carrying your English doggies.
• 54:31
  First send me my Bitcoin, then we can celebrate with drinks.
• 54:37
  In your dreams, Frenchie. John presses his finger to his
• 54:40
  ear. USA Macaroon turns to Lily and
• 54:45
  scoffs. What is this rude American man
• 54:48
  doing, Lily? Annoyed, Lily answers.
• 54:52
  Check your Bitcoin UTXOS. Notice anything?
• 54:57
  Macaroon frantically queries his Bitcoin node from his cell phone
• 55:01
  and sighs with relief. Phew.
• 55:04
  No, I don't notice anything at all.
• 55:06
  All of my unspent Bitcoin is still under the control of my
• 55:09
  government's private key, and it'll stay that way too.
• 55:13
  John beats his chest. You mess with the US and you get
• 55:17
  the hash force. We just.
• 55:19
  Pass. Rate by turning on all of our
• 55:21
  miners. As many miners as the entire
• 55:24
  existing Bitcoin network. Now you'll have to wait twice as
• 55:27
  long for your French Bitcoin transactions to confirm.
• 55:31
  That is, unless you release the barge of dogs.
• 55:33
  Right now, Lily drops down to the table and buries her face in
• 55:39
  her palms to hide her embarrassment.
• 55:41
  As much as Lily would like to withdraw from the world at this
• 55:45
  time, the smell of delicious baked Brie tickles her nose.
• 55:49
  Her ears perk up to the sound of dinner guests breaking
• 55:52
  baguettes, and her mind's eye sees the beautiful vineyard that
• 55:56
  she passed on the drive Here, her mouth waters.
• 56:00
  Someone get me a drink. The restaurant is at full
• 56:03
  capacity, with every square table seated either by romantic
• 56:07
  couples just barely able to see each other's faces from dancing
• 56:10
  candlelit flames, or by tourists on a double date with their
• 56:13
  host. Nobody better think we're
• 56:16
  dating. I'll stop there.
• 56:22
  Pixar Where you at? DreamWorks, where you at?
• 56:27
  Well, well, that that was great. It I I think this is a great
• 56:31
  example of what we talk about constantly on the show of of
• 56:34
  how, you know, hijacking the culture and hijacking is
• 56:39
  probably a bit harsh, but like making sure that people
• 56:43
  understand that bitcoiners are much more than just, you know,
• 56:48
  financial tech guys in that like there's a lot more going on in
• 56:52
  the Bitcoin space than just people looking at TA charts.
• 56:56
  It's like there's a whole culture growing around Bitcoin.
• 56:59
  Artists, writers, musicians. And what's Nico, we say, you
• 57:03
  know, culture's downstream from politics.
• 57:05
  Or is he upstream from politics, I forget?
• 57:07
  But, and and it's also more than just people bitching on the
• 57:10
  Internet, too. Yeah, like it's it's something
• 57:13
  positive. It's something that a lot of
• 57:15
  people can get behind. You know, I feel like lately
• 57:18
  everybody is being united by tragedy and being united by ugly
• 57:23
  things in this world. And so it's nice to have some
• 57:26
  silliness and to have some positivity and and something to
• 57:30
  uplift a community and that we could all get behind.
• 57:33
  That's what pop culture is all about.
• 57:35
  And I'm so happy and proud of bitcoiners who are able to do
• 57:40
  this because we really are shifting the culture.
• 57:43
  And once people actually adopt Bitcoin, they'll have something
• 57:47
  to lean on and to look at and to take for entertainment and to
• 57:53
  pass on to their kids too. I would love to see this making
• 57:57
  being made into a cartoon for my child.
• 58:01
  You know, I would. I would love this it it seems so
• 58:03
  funny and informative actually in the process.
• 58:06
  So I love that. Great.
• 58:11
  Thank you. All right.
• 58:13
  All right, let's let's get into this now, Will.
• 58:17
  Where's the drum roll for the winners of the giveaway?
• 58:21
  Let's see. Do I have it over here?
• 58:22
  I should have a drum roll. He has the meme music.
• 58:27
  No. Not the air horn.
• 58:28
  I know you have that one. Oh, there we go.
• 58:33
  All right. So the first winner.
• 58:37
  Oh, I had Opti, watch me live do the random.
• 58:41
  Yeah. Yeah, I.
• 58:41
  Can't confirm that he didn't just pick favorites, but
• 58:46
  actually, well before you do that, read the tweet, tell
• 58:49
  people exactly what you're doing again, and then we'll get to the
• 58:52
  giveaway winners. Sure.
• 58:54
  Yeah, so I'm giving away 2. Count them two copies of 21
• 58:58
  futures Tales from the Time chain.
• 59:00
  The rules of the giveaway contest were to repost and like
• 59:04
  the original post. So the original post that
• 59:06
  hashtag 21 futures with the video, the trailer video we just
• 59:09
  showed. I also asked everyone to be a
• 59:11
  pal and give me and the publisher of the book a follow
• 59:15
  at Real Bitcoin Dog as well as at Consensus Network.
• 59:18
  I would encourage you now to follow me and Consensus Network
• 59:21
  at this time for future calls for submissions if we make a
• 59:23
  second volume of 21 futures or more Bitcoin books, or if you
• 59:27
  enjoyed my books. And then finally, the last thing
• 59:29
  was you had to drop your favorite fiction book in the
• 59:32
  comments below. Whether you did a quote, tweet,
• 59:34
  or just a comment, I figured it out to make sure that I knew
• 59:37
  what your favorite book was. Give Away 2 lives, simply
• 59:40
  Bitcoin TV. They retweeted this post Opti
• 59:43
  also retweeted the post #giveaway hashtag Game.
• 59:46
  Let's see who won. Do I do it again?
• 59:49
  Do I do it? All right, let me do it one more
• 59:51
  time. We'll do the drum roller one
• 59:52
  more time. All right, First winner was
• 59:58
  Vince Sat. So Vince sat.
• 1:00:00
  Congratulations. Your favorite fiction book, you
• 1:00:03
  said was Hitchhiker's Guide to the Galaxy.
• 1:00:06
  So. I got that.
• 1:00:08
  For you here, so you know thank you for so much for following
• 1:00:12
  me. Following consensus network, you
• 1:00:14
  better be following simply Bitcoin.
• 1:00:16
  TVI didn't double check that, but you better be better.
• 1:00:19
  Be Yeah, better be. Before I give this to you, I'll
• 1:00:24
  make sure you fall and. And yeah, congratulations on
• 1:00:27
  your copy of 21 futures. All right.
• 1:00:31
  Second winner is Juan Jose. Congratulations Juan Jose.
• 1:00:35
  You are the second winner of 21 Features Tales from the Time
• 1:00:38
  chain. Your favorite fiction book was
• 1:00:40
  The Alchemist. Good choice, good choice and for
• 1:00:45
  anyone. Yeah, for anyone who didn't win
• 1:00:48
  in the giveaway, you can still purchase the book on Bitcoin
• 1:00:51
  book dot shop and use promo code Bitcoin Dog for 10% off.
• 1:00:56
  It is still possible to get the book by Christmas if you order
• 1:01:01
  online. Oh, you have a higher and and it
• 1:01:04
  is available on Amazon but you have a much higher chance.
• 1:01:06
  Yeah. Juan, are you is that you in the
• 1:01:08
  chat then saying you you made it in to tune in live.
• 1:01:11
  So awesome. I'm I'm glad you were able to
• 1:01:14
  make it to turn in TuneIn live to claim your prize.
• 1:01:16
  So very cool all. Right.
• 1:01:18
  Well, So what? What do you want them to do for
• 1:01:20
  the winners like DMU? How do they get in touch with
• 1:01:24
  you so that they can get these bugs?
• 1:01:27
  Sure, yeah. Send me a Twitter DM.
• 1:01:30
  My DMS are open so. I'll take and what's your
• 1:01:33
  Twitter again for those with goldfish, I QS like myself.
• 1:01:37
  So it's not so it's just real Bitcoin dog.
• 1:01:41
  So my actual name is Will Shellkoff.
• 1:01:43
  So I learned better. That would give an alias real
• 1:01:45
  Bitcoin dog. Not all the fake Bitcoin dogs.
• 1:01:48
  The real one, The real estate real Bitcoin dog.
• 1:01:54
  Love it. Love it.
• 1:01:55
  OK, pull. Pull What up on the screen.
• 1:01:58
  So the. The screen name.
• 1:02:01
  Oh, the screen name. Yeah.
• 1:02:02
  OK. One second, one second.
• 1:02:05
  Yeah, 'cause you said it once and I was like, wait, what is it
• 1:02:08
  again? Yeah, say it again.
• 1:02:11
  Say it again for the audio listeners, but there it is for
• 1:02:14
  you guys. Real Bitcoin Dog REALBITCOINDOG
• 1:02:21
  To purchase 21 features Tales From the Time chain go to
• 1:02:24
  bitcoinbook.shopsonot.com dot shop and use promo code Bitcoin
• 1:02:30
  Dog for 10% off. Let's go.
• 1:02:33
  Well, well, this was awesome. Glad to.
• 1:02:35
  Have you wait. Come on, you can't.
• 1:02:36
  You're not going to read The Bitcoin Girl.
• 1:02:38
  Save the World. No, no, no.
• 1:02:39
  I got. I got to get to the meme review,
• 1:02:41
  dude. I got They're going to yell at
• 1:02:42
  me if I don't get to the meme review.
• 1:02:44
  I've already. I've already gotten I.
• 1:02:46
  Look, later, I know you'll love it.
• 1:02:48
  Yeah, yeah. I may or may not have already
• 1:02:51
  read the first chapter of the What?
• 1:02:53
  Bitcoin Girl or not. I don't know.
• 1:02:55
  You'll you'll you'll have to know if you know.
• 1:02:58
  Anyways, guys, I will. Thank you so much for coming.
• 1:03:01
  Come back again. We can do this one more time,
• 1:03:03
  actually. Just keep coming on whenever you
• 1:03:05
  drop another book because you're at 3 already.
• 1:03:07
  I'm sure they're going to keep coming.
• 1:03:09
  Let's go. Let's do it.
• 1:03:11
  Air horns. All right, guys, let's get into
• 1:03:15
  the meme review, because you guys have been losing your mind
• 1:03:18
  all week because we haven't done it every single day.
• 1:03:20
  But the show's been going like an hour and a half without the
• 1:03:23
  meme review, guys. So like, look, we're already in
• 1:03:25
  an hour without a meme review. So anyways, it's Friday.
• 1:03:28
  I told you we're going to do them on Friday.
• 1:03:30
  I'm going to definitely do the meme reviews for you guys on
• 1:03:32
  Friday. So here we go.
• 1:03:38
  The Daily Meme Review. All right, boys and girls.
• 1:03:45
  Girls and boys. This is the meme review.
• 1:03:50
  It was actually, we're going to have to change Sophie.
• 1:03:52
  We're going to have to change the the thing.
• 1:03:54
  It's no longer the daily meme review.
• 1:03:56
  Maybe it's the weekly meme review.
• 1:03:58
  Anyways, anyways, this is the meme review where you tag me on
• 1:04:02
  Twitter at Simply Bitcoin TV. Tag your favorite memes.
• 1:04:06
  Tag your favorite memers memes. Tag your own memes.
• 1:04:08
  I don't care as long as they're solid memes.
• 1:04:11
  As long as they sum up what's going on on the interwebs on
• 1:04:15
  Bitcoin Twitter, we bring them on the show.
• 1:04:17
  Also drop them in our telegram T dot me slash.
• 1:04:20
  Simply big TV tweets are the bullets.
• 1:04:23
  Memes are the artillery. We are in an information war,
• 1:04:27
  boys and girls, and for better or worse, most people have
• 1:04:31
  goldfish I QS like myself. And once you put them in
• 1:04:34
  pictures, once you can ridicule the corporate press, once you
• 1:04:37
  can make your friends laugh, they start to stick.
• 1:04:40
  And they eventually only think in memes like myself.
• 1:04:43
  So continue to make the memes, continue to spread the signal,
• 1:04:47
  continue to be frontline soldiers in this information
• 1:04:50
  war. This is what's going on guys.
• 1:04:52
  We win because we have truth on our side.
• 1:04:55
  And you know, Sophie brought up Rules for Radicals.
• 1:04:57
  Well, one of the things that the Rules for Radicals say is
• 1:05:01
  ridicule is one of your strongest weapons.
• 1:05:03
  So you know, continue to ridicule the corporate press,
• 1:05:06
  continue to make some humor, continue to get calls of actions
• 1:05:10
  in mimetic form because this is how we win.
• 1:05:13
  Anyways, this 1st meme, as you guys know, all week we've been
• 1:05:17
  covering the idea that Elizabeth Warren is actively attacking
• 1:05:21
  Bitcoin. Well, shouts out the Thomas Fire
• 1:05:23
  on Twitter because he just goes, this is all the Bitcoin in the
• 1:05:28
  world and this is what they're afraid of.
• 1:05:30
  And for you guys that don't know, this is all the seed
• 1:05:34
  phrase words. Bitcoin is literally just words.
• 1:05:38
  It is just a messaging protocol and the fact that the powers
• 1:05:42
  that be are so terrified of us transacting either with words or
• 1:05:48
  with our money, with our, it just it just blows my mind that
• 1:05:53
  this is where we like. They'll never be able to get
• 1:05:55
  away with it. It's an infringement of our
• 1:05:57
  First Amendment rights, and this is proof of it.
• 1:06:00
  This is right like right here. Agreed, you can see it.
• 1:06:04
  Reminds me of when PGP Privacy was up for debate and someone
• 1:06:08
  just published like all of the code for it and then it was
• 1:06:11
  obvious it's just speech. Exactly, guys.
• 1:06:16
  Meme review for death. All right, gosh, Bitcoin is
• 1:06:21
  simply words, guys. It is a First Amendment issue.
• 1:06:25
  They cannot outlaw words. They cannot outlaw you
• 1:06:27
  memorizing 12 to 24 words. This is all the Bitcoin that is
• 1:06:32
  ever created. It is just words guys and they
• 1:06:35
  cannot stop this. This is the beauty of Bitcoin.
• 1:06:38
  Anyways, next meme is by Samsons Mal AKA excelling on Twitter and
• 1:06:43
  he just goes LFG hashtag Bitcoin.
• 1:06:46
  And we have a picture of Elizabeth Warren, very, very
• 1:06:50
  passionate at a speech and it looks kind of like one of those
• 1:06:54
  apple ads. You know, back in the day it was
• 1:06:57
  like the genius, you know, the crazy ones.
• 1:06:59
  Well, we have Elizabeth Warren here and it just says accelerate
• 1:07:02
  on top of her face. She is the greatest acceleration
• 1:07:06
  is let's not get in her way. She's ushering in the Bitcoin
• 1:07:08
  standard better than any of us could absolutely love to see.
• 1:07:12
  The Elizabeth Warrens and the Brad Shermans of the world just
• 1:07:15
  come out so hard against Bitcoin because can't ban Bitcoin.
• 1:07:18
  You can only ban yourself from Bitcoin.
• 1:07:20
  And when a government attacks Bitcoin, it just shows and
• 1:07:23
  proves to myself and other people like myself that we are
• 1:07:27
  so right. And it it just makes me feel
• 1:07:29
  giddy inside. I just feel warm when I, when I
• 1:07:31
  see these people just get so afraid of Bitcoin.
• 1:07:34
  It's so beautiful. It's it's it's a beautiful thing
• 1:07:37
  to watch guys. We're winning so hard that they
• 1:07:39
  are absolutely terrified. Anyways, the next one is by the
• 1:07:43
  meme goat himself, Pierre Roche, AKA at Bitcoin Pierre.
• 1:07:48
  And he goes, don't forget to ask for Elizabeth Warren's
• 1:07:51
  permission and he's got a beam here and he goes the myth of
• 1:07:54
  consensual with the Bitcoin logo.
• 1:07:56
  And you know, we have a look, I think this is a couple.
• 1:08:00
  And then there's like, you know, man, and it's an ASIC on his
• 1:08:02
  face and goes, I consent, and his wife or his partner and
• 1:08:07
  another ASIC and he goes, I consent.
• 1:08:09
  And then we have Elizabeth Warren here and she goes, I
• 1:08:12
  don't. And and it goes.
• 1:08:14
  Isn't there somebody you forgot to ask?
• 1:08:16
  Oh my goodness again, why are we listening to the Elizabeth
• 1:08:23
  Warrens of the Worlds telling us what we can do with our own
• 1:08:27
  money, with our own speech? The beauty of this is that if
• 1:08:30
  she doesn't consent, she doesn't have to participate and nobody
• 1:08:34
  will give a fuck. So beautiful.
• 1:08:36
  So beautiful. It's so beautiful to see people
• 1:08:38
  opt into their own demise and then yell at us like we're the
• 1:08:43
  criminals here. It's like, oh, hey, you could
• 1:08:46
  join us. It's it's a lot easier.
• 1:08:47
  All right, next one. This one might not be so
• 1:08:50
  politically friendly, but, you know, I'm not going to say
• 1:08:53
  names. Anyway, we got Sally here, and
• 1:08:55
  this is the classic Bart name here.
• 1:08:56
  And you know, we got Jay Powell and Jamie Dimon and Janet Yellen
• 1:09:02
  and they're doing the Bart mean, you know, where he's in class
• 1:09:04
  and they all look back and they're like, say the thing, say
• 1:09:07
  the thing. And then we got Pocahontas here.
• 1:09:09
  And it goes Bitcoin is used by drug dealers and terrorists.
• 1:09:12
  Where is the lie? They are the drug dealers.
• 1:09:15
  They are the terrorists. Yeah, that one's too good.
• 1:09:18
  OK, all right, last one is by the BTC therapist and he goes
• 1:09:22
  never slept better hashtag BTC. And we got a picture here of a
• 1:09:25
  little girl just sleeping next to her jade and just knocked out
• 1:09:29
  cold. And because how I sleep knowing
• 1:09:32
  Elizabeth Warren is trying to ban Bitcoin and agree more, This
• 1:09:37
  is a heart warming meme here because not only do most of us
• 1:09:41
  bitcoiners not care, it makes us feel better and we sleep even
• 1:09:45
  better knowing that these people want to stop Bitcoin.
• 1:09:49
  You know, what's that saying when the people that are
• 1:09:54
  actively working against you call you the criminal?
• 1:09:57
  You know, when the criminals call you a criminal, you just
• 1:09:59
  know you're doing something right?
• 1:10:00
  So. Women, women like to call this
• 1:10:03
  projection, like when they're in a fight with you, they'll be
• 1:10:06
  like. You're.
• 1:10:07
  Projecting. You're projecting.
• 1:10:09
  You're like and that's, that's, yeah, that's what they're doing.
• 1:10:11
  They're projecting. Yeah, the projection is strong
• 1:10:14
  coming from I, I will be nice today, the unproductive class
• 1:10:18
  and it's just beautiful to see. I just absolutely love it guys.
• 1:10:23
  Moving forward, 2024 is going to be so absolutely epic because
• 1:10:28
  not only is the screeching on one hand going to continue the
• 1:10:32
  price and everything else in Bitcoin, all the developing, all
• 1:10:36
  the building is going to continue and we're going to be
• 1:10:40
  seeing two parallel worlds right now.
• 1:10:42
  Is those actively fighting freedom and those on the Bitcoin
• 1:10:45
  standard just starting to live our lives better?
• 1:10:48
  Anyways, drop your meme review score in the chat as we cover
• 1:10:51
  ours live. In the meantime, I I think I
• 1:10:54
  need you guys to start because I I completely forgot to get
• 1:10:57
  myself a meme review score. So I'm ready.
• 1:10:59
  All right, Sophie, you start. Are you going to do the music?
• 1:11:04
  Oh wait, yeah, once. No, no, the music, the music's
• 1:11:06
  for the meme review score. Oh, OK, OK, OK, so I give these
• 1:11:10
  meme review. They're my review score.
• 1:11:13
  Whatever. Sorry I can't speak English.
• 1:11:14
  Today is the EO Organic deodorant.
• 1:11:19
  It's in calming French lavender. I love it because it doesn't
• 1:11:23
  have aluminum, so therefore it won't like, give you cancer or
• 1:11:27
  whatever. Those other deodorants too and
• 1:11:29
  you just spray it. You just spray it on.
• 1:11:31
  It smells really good and it's pretty affordable.
• 1:11:36
  So that's my score. OK, OK, Aluminum free deodorant
• 1:11:40
  can condone. All right, well, you pop in.
• 1:11:43
  What's your meme review score? Well, I like How Wicked
• 1:11:47
  commented on the seed seed phrase meme one with By this,
• 1:11:52
  then the same thing is a zero or one.
• 1:11:54
  So I can't tell if you got a 10 because it's 10, or if you got a
• 1:11:59
  two because it's 10. So take that.
• 1:12:03
  Take that for what you will. OK, super meta score.
• 1:12:06
  Love it. Love it.
• 1:12:07
  OK, I'm going to give. I'm.
• 1:12:10
  I'm just going to give this my my mom's coffee cup.
• 1:12:14
  You know it's got what's it Daisies and butterflies on it.
• 1:12:19
  How many cups of coffee today, Opti?
• 1:12:21
  Well, I don't know if you guys can see, can you see how big?
• 1:12:26
  Let me, let me. All right.
• 1:12:28
  So this is like, I don't know. It's like, it's almost as big as
• 1:12:31
  my face, like it's a it's a pretty big coffee cup.
• 1:12:35
  I think this is like an oversized coffee cup that's like
• 1:12:39
  2 in one. So I've had two of these, which
• 1:12:42
  I think equals out to like 4. I don't know.
• 1:12:46
  It's it's been it's been a good good enough.
• 1:12:48
  It's been enough coffee. Let's not talk about my.
• 1:12:50
  IQ is showing, yes, that's four, yes, that's.
• 1:12:54
  Four. I don't know.
• 1:12:55
  Good job, good job. Is it a red tea?
• 1:12:57
  Is it a Grande? What is it?
• 1:12:59
  This is 2. I don't know how big this is,
• 1:13:01
  but it feels like a mega size coffee cup.
• 1:13:04
  So it's definitely a double. It's a double.
• 1:13:07
  I'm at. I'm at my normal coffee intake.
• 1:13:09
  OK? As you can tell, I was sick all
• 1:13:12
  week. I I'm finally feeling better.
• 1:13:14
  Finally drinking our. Coffee.
• 1:13:15
  I'm I'm disappointed. What more do you want from me?
• 1:13:19
  No, I thought you. Were going to be.
• 1:13:20
  I thought you were going to be like 10 cups of coffee in.
• 1:13:23
  Because you were sick. I I I I I could only drink 1 cup
• 1:13:27
  the other day and I I've learned I can't drink more than four
• 1:13:32
  cups because then I like literally.
• 1:13:34
  Yeah, I I I start sweating and freaking out again.
• 1:13:38
  Yeah, exactly. Anyways guys.
• 1:13:39
  I see some scores. Drop.
• 1:13:40
  But look, hold on, let me pull Will out for a moment.
• 1:13:43
  Sophie and I are wearing the merch.
• 1:13:45
  It is hoodie season. Get yourself a bright orange
• 1:13:47
  hoodie. Simply Bitcoin theme.
• 1:13:50
  We do have some shirts left on our website, actually, so we're
• 1:13:55
  running low on shirts, so maybe we're low on certain sizes.
• 1:13:58
  I think we're out of mediums. Yeah, we're out of mediums.
• 1:14:02
  I'll tell you right now. No.
• 1:14:03
  No, you don't have to go. Just big boys and.
• 1:14:06
  Girls, their shirts for you. We're gonna get some new stuff.
• 1:14:09
  You gotta get pajama shirts. These are so.
• 1:14:12
  Comfortable. Actually, the hoodies are super
• 1:14:15
  comfortable. I sleep in them all the time,
• 1:14:17
  and even though I live in Miami and it's hot, I wear them
• 1:14:21
  everywhere. When I'm doing the street
• 1:14:23
  interviews, I barely sweat in them.
• 1:14:25
  So, like, they're really comfortable no matter what the
• 1:14:27
  weather is. And you know, if you live in a
• 1:14:30
  hot place, everywhere you go inside the air conditioning is
• 1:14:33
  just like blasting. So you definitely want to get
• 1:14:35
  yourself one of these hoodies. Also, you're easily spotable if
• 1:14:40
  you go skiing. If you do any winter sports, you
• 1:14:43
  want to wear this safety horse. Simply Bitcoin.
• 1:14:47
  We believe in safety first. Yeah, OPS, check me.
• 1:14:50
  Damned wear. A very bright orange hoodie for
• 1:14:54
  For the culture. OK, all right, all right, guys,
• 1:14:56
  let's let's get to some of these memes.
• 1:14:59
  Review scores. All right, first one, Chassa
• 1:15:04
  Delaine. She goes score 2024, officially
• 1:15:08
  the year of Bitcoin. Yes.
• 1:15:10
  Couldn't agree more. Psycho 05 Meme Score 1.
• 1:15:14
  Incredibly Dehydrated Meme Boy Thirsty for memes?
• 1:15:18
  OK, all right, filthy. I give these memes a honey
• 1:15:23
  badger that don't give AFK about Senator Warren.
• 1:15:29
  Let's see, Let's see. Meme Score by Justin Boyvin.
• 1:15:34
  Meme Score Sach and caffeine for the win.
• 1:15:36
  Yes, this is the way, guys. This is the way Jason Moore, I
• 1:15:40
  give the meme. It's not a coffee cup.
• 1:15:42
  It's a mug, Sir. OK, see?
• 1:15:45
  A mug. A coffee mug.
• 1:15:47
  OK, Sail dog. Eighteen 1600 milligrams of
• 1:15:51
  caffeine. Sure.
• 1:15:54
  Yes. That's a lot, yo.
• 1:15:57
  That's like heart attack love. For perspective as a as a
• 1:16:01
  pregnant woman, I'm. Only allowed to have. 180
• 1:16:04
  milligrams. What's that like 1 cup of
• 1:16:05
  coffee? Yeah.
• 1:16:08
  All right, so. I'm at like half.
• 1:16:10
  That I'm like, at 800 a day. All right, fill these.
• 1:16:15
  I give the memes one blunt. OK, All right, let's see.
• 1:16:20
  Let's see. Score.
• 1:16:23
  Meme incoming. Wait, no, that's what I mean.
• 1:16:25
  So are Derek Aronol. Orange Hoodie.
• 1:16:30
  And wait, that's some nice EO. OK, OK, please sponsor us,
• 1:16:37
  Psycho. Oh.
• 1:16:37
  Five, Wait. Wait, they're They're not
• 1:16:40
  showing up. Did they show up?
• 1:16:43
  I see them. I saw them too.
• 1:16:45
  I don't. Know oh.
• 1:16:47
  Maybe they're not showing up. Yeah, I don't know.
• 1:16:49
  All right, let's see. Mean score on Rumble by Narwhal.
• 1:16:53
  Mean Score, A signed copy of my first collection of Bitcoin.
• 1:16:58
  Wait, erotic fan figure? I don't think I'm supposed to
• 1:17:00
  say that. All right, all right, all right.
• 1:17:03
  We're not. We're not out of scores.
• 1:17:07
  We they. Were not showing up.
• 1:17:10
  Oh. Wow.
• 1:17:11
  Restreams. Really.
• 1:17:12
  Really. Doesn't want the mean review to
• 1:17:14
  happen. All right, guys.
• 1:17:19
  Well, hey, that wasn't my issue. Will can confirm we were popping
• 1:17:23
  them up. So I don't know what's going on
• 1:17:25
  with restream. Yeah, I saw them on our side.
• 1:17:27
  Yeah, we've had, we've, we've. Had some issues.
• 1:17:30
  With restream all year long but hopefully we can figure this
• 1:17:35
  out. All right guys.
• 1:17:36
  Anyways, we appreciate you have a good weekend.
• 1:17:39
  Of course, share all Bitcoin content not just simply Bitcoin
• 1:17:42
  like share, subscribe. But on that note well thanks for
• 1:17:46
  coming on bro. Where can people find you What
• 1:17:49
  what are you holding up there? I'm just over.
• 1:17:52
  What do I I'm like the guy with all the fruits or?
• 1:17:54
  Bananas What do I do with all these Bitcoin books So my
• 1:17:58
  website is real. Bitcoindog.com You can follow me
• 1:18:01
  on X at Real Bitcoin Dog and yeah thank thank you for having
• 1:18:07
  me on I'll be re releasing Bitcoin girl anniversary edition
• 1:18:12
  next month with a new cover. I'm also writing an article for
• 1:18:16
  Stack Chain magazine for the next having issue.
• 1:18:20
  Yeah, I'll just stop there. Love it bro.
• 1:18:23
  Well, thanks for coming on. Will, that was a fun show.
• 1:18:26
  Awesome man. Just keep.
• 1:18:28
  Keep killing it. Actually, I have one question
• 1:18:30
  before we roll out. Do people treat you differently
• 1:18:34
  after being an author? Oh yeah, less respect.
• 1:18:38
  I get less respect. Much, much less.
• 1:18:41
  Much less respect. Highly highly regarded author,
• 1:18:45
  yeah. I feel like being an author,
• 1:18:47
  like gives you. Like a sense of legitimacy in in
• 1:18:50
  like a normal world. Like, yeah, I'm an author, I I
• 1:18:53
  I've published some books, but maybe I'm wrong.
• 1:18:55
  I'll say that I get a lot more respect from.
• 1:18:58
  Other fellow authors who have published books because it the
• 1:19:02
  meme is true, It's way more work than you think it'll be for
• 1:19:07
  sure, so love it will. Well, thanks for coming on.
• 1:19:11
  Bro, I'm happy to call you a friend.
• 1:19:13
  I hope to see you soon and if if you need, if you need a voice
• 1:19:18
  for the the official audio book, you already know I need it call.
• 1:19:24
  I'm looking for a really nasally voice, so if you could just get
• 1:19:28
  the. Vegas virus again and just hello
• 1:19:30
  guys. Yeah, that'll that'll.
• 1:19:32
  Be That'll be perfect, so. Yeah, my voice, my voice is
• 1:19:36
  pretty naturally, nasally as. Well, so you know, I'm in.
• 1:19:40
  Yeah. So if you got to read the first
• 1:19:41
  chapter of Bitcoin Girl, we'll see if you.
• 1:19:43
  Want to voice it or not? Want to voice it?
• 1:19:45
  After we'll find out. Oh God, I'm scared now.
• 1:19:48
  I think you. Said that, I don't know.
• 1:19:51
  I appreciate it. Hang out behind the scenes.
• 1:19:53
  As I roll this one out. So thanks for filling in.
• 1:19:57
  I guess at this point, go get Nico some soup.
• 1:20:00
  No, it's it's waiting for him on the stove.
• 1:20:03
  I'm either giving. Him soup or taking him to urgent
• 1:20:05
  care? We shall see.
• 1:20:06
  Well, hopefully he's back by Monday.
• 1:20:09
  It took me like 3 days to kind of fully get over it.
• 1:20:12
  So I think he should be back on Monday, but we'll see.
• 1:20:15
  We'll see. Thanks for filling in on short
• 1:20:17
  notice. I'm sure we have some shorts
• 1:20:21
  popping off on on the timeline for YouTube, so go check them
• 1:20:25
  out guys. Appreciate all you.
• 1:20:28
  Bye guys. See you next time.
• 1:20:30
  Let's go. All right, guys.
• 1:20:31
  Well. Thank you, you already know the
• 1:20:34
  deal. This is simply Bitcoin culture
• 1:20:38
  memes news. We got it all.
• 1:20:41
  We bring on bitcoiners from every walks of life.
• 1:20:44
  If you want to come on the show, DM us on Twitter or I think you
• 1:20:47
  can get in touch with simplyorbooking@simplybitcoin.com
• 1:20:51
  We want to hear your story. We want to spread the Bitcoin
• 1:20:53
  signal. If you if you have a good angle
• 1:20:55
  on talking about Bitcoin, we want to hear you.
• 1:20:58
  We want to bring you guys on. This is about getting the
• 1:21:01
  Bitcoin message to everyone in every single way.
• 1:21:05
  Anyways, have a good weekend guys.
• 1:21:07
  You know we're almost at the end of the year.
• 1:21:09
  It is the it's the holidays. Make sure you're getting
• 1:21:12
  outside, eating some good food, hanging out with your friends
• 1:21:14
  and family. This is the time of the year.
• 1:21:17
  Just snow setting up for a good 2024.
• 1:21:21
  If you are on the sidelines for whatever reason, you need to be
• 1:21:24
  stacking some Bitcoin. You need to save in Bitcoin or
• 1:21:28
  else it is Bitcoin or slavery. We are fully convinced of this
• 1:21:33
  and the powers that be just constantly make us know that we
• 1:21:36
  are right. They can't ban Bitcoin, they can
• 1:21:39
  only ban themselves from Bitcoin.
• 1:21:40
  So don't shoot yourself in the foot.
• 1:21:42
  Start saving in Bitcoin today on that now guys, we love you.
• 1:21:45
  We appreciate you guys like share, subscribe, all that good
• 1:21:48
  stuff and we'll see you on Monday.
• 1:21:50
  Peace out.