Latest / Simply Bitcoin / Massive Oil Company is Mining Bitcoin | EP 602
Transcript
- 0:16Yo, today is October 17, 2022. Welcome to Simply Bitcoin live.
- 0:21We are your number one source. For the peaceful Bitcoin
- 0:23Revolution cover, breaking news culture me, Matic Warfare which
- 0:27show you. I only Bitcoin only Bitcoin can
- 0:29give you true Financial sovereignty.
- 0:32Big news today, you probably missed it.
- 0:36You probably didn't pay attention but of course what
- 0:38simply the Bitcoin does. We're going to connect the dots
- 0:41for you. So it's old news, right?
- 0:42We have massive Oil and Gas Energy companies.
- 0:45Better said Mining Bitcoin whether that's directly or
- 0:49indirectly. But what I'm going to cover
- 0:51today is how that is getting even more investment.
- 0:57But anyways, before we start to show, when we give a very
- 0:59special shout-out to my awesome co-host.
- 1:01How you doing Opti? Good morning Mica, good morning
- 1:04world, how you doing? I'm feeling really good.
- 1:08This Monday. I'm excited for this week.
- 1:10We've been putting a lot of work.
- 1:11We got to break this weekend. So it feels good, man.
- 1:15I feel good. This Monday morning, I'm excited
- 1:17to continue to give you guys content and of course, I'm
- 1:21always just as excited to hear the nikah Jones takes because I
- 1:25don't know what he's going to rant about.
- 1:26So this is going. Be a good one today though.
- 1:29On the culture. I found this article that I
- 1:31wanted to cover last week, it's on bitcoin mag and it's really
- 1:35an an article that is dear to me.
- 1:37Because I literally lived this. And anyways, the title is called
- 1:40learning about Bitcoin is the path to Financial Freedom.
- 1:43So I think this is going to be a good one.
- 1:46It is Monday. We're going to start the week
- 1:47off, strong. But anyways, Nico, we have a
- 1:49guest here today. Yes, we do.
- 1:51The one, the only legendary host of the Bitcoin Matrix podcasts.
- 1:56Are you? Doing Cedric, I'm doing great
- 1:59guys. I'm super pumped to be here.
- 2:02Set it on this Monday because since you're streaming from the
- 2:06International Space Station, how did you get gravity to work?
- 2:11Well, not that high up in the atmosphere, we're only around
- 2:1419,000. So, you're on preparing for, you
- 2:18know, going into the stratosphere and it's been a bit
- 2:21bumpy and Rocky and turbulent. But, no, I gravity where I am
- 2:26right now. When do you start floating about
- 2:28100,000? That's about, maybe 50 k, but
- 2:32yeah, 100K think really like that Opti.
- 2:38What do you have for us today on the culture?
- 2:39Mike, I already said it, he goes Get to the next second.
- 2:41Did you not listening to me? I am listening to you.
- 2:44We got an article from Bitcoin mag learning about Bitcoin is a
- 2:48path to Financial Freedom, I'll tease upset.
- 2:50Anyways, let's start the show. Number two, brought to you by,
- 2:56not all at this point, you should be running your own
- 2:59Bitcoin note. If you don't use your own
- 3:01Bitcoin node, you're trusting someone else's run your own
- 3:04version of Bitcoin core. The lightning Network,
- 3:06whirlpool, and Dojo all from the comfort of your own home.
- 3:10And And if your digital Nomad, you have absolutely no excuse
- 3:13because now you can run a novel through a virtual private
- 3:16server. Visit not L.A you today.
- 3:19All right, everybody, the Bitcoin price at the time of
- 3:21recording, 19,500, 14. SATs per dollar 5125 block
- 3:26height, 750 9100, reachable Bitcoin node.
- 3:31Speaking of no, do you should be running your own node by now,
- 3:33you can either build one or buy one.
- 3:34Go to noddle. Anyways, fifteen thousand, two
- 3:37hundred eighty six blocks to the having 80 thousand, nine hundred
- 3:40have Estimate April, 20 at 20, 24, total, lightning network
- 3:44capacity, 4995, Bitcoin capacity value, 97 million.
- 3:51U.s. dollars realized monetary inflation, taking the Fiat
- 3:55currencies to school, whether that's the dollar, whether
- 3:57that's the pan, whether that's the Euro we're at one point
- 4:00seven, eight percent market capitalization 374 billion
- 4:05dollars with be Bitcoin is still tiny.
- 4:09Anyways, I wanted to play this today.
- 4:11Day doing the Clara, shout out to him, you posted, it's really
- 4:15interesting video. And I'm assuming it's some type
- 4:18of forum, this, some type of IMF foreign.
- 4:20But it's interesting because they're saying the quiet part
- 4:23out loud. What else?
- 4:25Bitcoiners have been telling you for a while.
- 4:27Now let's hear what they have to say and then we'll talk about
- 4:32it. They're going to talk about
- 4:33Central Bank, digital currencies, let's check it out.
- 4:38certainly we think CBC can improve Financial inclusion, is
- 4:43through what we call programmability That is simply
- 4:48C, can allow. Government agencies and private
- 4:54sector players to program, to create spark contract.
- 5:00To allow targeted policy functions.
- 5:05For example, welfare payment, for example, consumption coupon,
- 5:11for example, food stamp by programming safety.
- 5:15See those Molly can be precisely targeted for what kind of people
- 5:22can own. And one kind of use this money,
- 5:26can be utilized, for example, for food.
- 5:30So, these potential programmability can help
- 5:35government agencies to precisely Target their support, to those
- 5:41people who need support. So that way it can also improve
- 5:45Financial inclusion. Of course, I want to end with a
- 5:49caveat because say PDC is not a Panacea.
- 5:54CBC cannot solve every challenge.
- 5:57Okay, I've heard enough of that. So, Couple things here, right?
- 6:02The, this is why we focus on saying Bitcoin is the most
- 6:06inclusive monetary Network. The world has ever seen much
- 6:09more than anything. That governments will always
- 6:12have to offer, but how they dress it up is really
- 6:14interesting because they hide the totalitarianism in Noble
- 6:19causes. They say it's about food, they
- 6:22say it's about helping the poor, it's about inclusivity, but he
- 6:26still slipped up. He still had some some, you
- 6:29know, he still Exposed himself a little bit.
- 6:31We're going to, it will get to decide how people can and how
- 6:36people cannot spend their money. He said it, you heard it, but he
- 6:40said it. Oh no.
- 6:41But this is for food, how do we know that governments aren't
- 6:44going to use that for more malicious purposes?
- 6:48I mean, look at. Take a look at what happened in
- 6:49Canada, right? So, this is crazy.
- 6:54I and I actually tweeted this out.
- 6:56When I saw this video this morning, I said, look guys,
- 7:00you're going to have to decide as an individual where the you
- 7:03want to a future of Freedom which is Bitcoin.
- 7:07And decentralization is going to enable but you also have to take
- 7:12personal responsibility in this in this future or you're going
- 7:15to have to or you pick a future where you Outsource that
- 7:18personal responsibility. And you pick Central Bank,
- 7:22digital currencies, because that is the future that they want for
- 7:24you. And remember connect the dots,
- 7:26remember what the PayPal policy was before?
- 7:30They walked it back, right? Said, hey if you if you tied out
- 7:35any type of misinformation who gets to decide what is
- 7:37misinformation or not, We will find you.
- 7:42And what is the, what is the outcome of that?
- 7:44What is the result of that? People start to self-censor and
- 7:47they don't go against the establishment narrative.
- 7:50Are that that is the future ahead of us.
- 7:54And as individuals, we have to decide.
- 7:58It's in our hands, whether we want that future, we not we
- 8:00don't want that future of Bitcoin didn't exist.
- 8:03That's the future ahead of us. And our only way of fighting
- 8:06would be political means Now we have Bitcoin is a tool where it
- 8:12allows you to opt out and Bitcoin gives you to awesome
- 8:16features should gives you the ability to vote with your wallet
- 8:20but also more importantly it gives you the feature to vote
- 8:23with your feet and if you can memorize 12 words in your head
- 8:27which you definitely can especially if you're in a in a
- 8:29sticky situation you can bring all of your wealth with you and
- 8:34you can go whether you're where you're treated best which in
- 8:38that. Eventually will force
- 8:40governments to compete for your business compete for you to be
- 8:46there in the first place. And we're already seeing this on
- 8:48a micro on. A has much smaller scale between
- 8:52New York and California. People are fleeing in droves and
- 8:56they're going to more friendly or States, more freedom,
- 8:58friendly more business-friendly States like Texas and Florida,
- 9:03right? So very interesting, very
- 9:07dystopian, and fuck these Central panners.
- 9:11I'm just happy Bitcoin exist. Cedric.
- 9:13You want to hit that? Yeah, it was a lot to unpack
- 9:16there. I wonder though.
- 9:18I mean with the cbc's, I mean, that kind of, I would think puts
- 9:21PayPal out of business. I don't know why PayPal's
- 9:23playing along right now. Maybe they're already captured,
- 9:25I have no idea, but I was surprised by the reaction and a
- 9:29lot of people deleting their account.
- 9:31I, you know, for that clip that you played, I don't think most
- 9:34people are paying attention to that and reading the tea leaves.
- 9:36So I was surprised that people gave PayPal some kind of
- 9:39response. I think their response was kind
- 9:43of BS, I mean saying that was his mistake and mistakes.
- 9:46Don't happen at corporations. This size for a reason doesn't
- 9:49get out without several levels of approval and going usually
- 9:52through the, the highest order. So, So, I think it's getting
- 9:56really nefarious out there, and I do think that the panopticon
- 10:01isn't closing very quickly. I think, you know, a lot of ways
- 10:04we already live in one, but I think it's getting more and more
- 10:06apparent. And in our face every day, I'm
- 10:09kind of curious what the next moves are going to be 100%.
- 10:13Let's see, because remember and we always say this guy's their
- 10:16only tool left in their Arsenal is coercion, they have to force
- 10:21people to use these things because if Just a match of
- 10:25incentives. Bitcoin wins hands down every
- 10:28single day, right? So what are the attack vectors?
- 10:30We saw the one from the white house we saw.
- 10:33They're going clearly going after Bitcoins energy usage, you
- 10:36know, and they're using the climate as an excuse just as
- 10:38this guy is, using clot is using food and hunger and poverty.
- 10:43As an excuse to, you know, 24 countries to adopt Central Bank,
- 10:48digital currencies, which is going to give governments these.
- 10:53It's a central planners wet. Dream, you know it's like hey
- 10:57you behave bad turn off your welfare.
- 10:59Hey you behave bad turn off your food and it again, this is not a
- 11:02conspiracy theory. They're already doing this in
- 11:04China, right with the social credit system, which is
- 11:07completely combined with the Central Bank, digital
- 11:10currencies, and they want to move this to the bet the West,
- 11:12right? That's what that's what happened
- 11:14with PayPal, not too long ago. Anyways, off, do you want to
- 11:17chime in I move my audio so I was just gonna say like, yeah,
- 11:26Ike's, man, you said it best. They are saying the silent part
- 11:30out loud and anyone that is agreeing with cdc's at this
- 11:35point really. Just like it's not thinking
- 11:37critically, they have bit, The Narrative Hook Line and Sinker
- 11:42and I really like how they have changed the narrative framing
- 11:45like their memes targeted program.
- 11:47It Ability. It's like it sounds.
- 11:50So it sounds so Technical and forward-thinking.
- 11:54But in reality we know it's just a thin build, excuse to censor
- 11:59people. You know, if they can Target
- 12:02programmability as they're talking about in the money.
- 12:04What's that mean? They're going to make sure that
- 12:07they stop dissenting. Political views that if you have
- 12:10wronged, think they will cut you out of the system.
- 12:12Like we're talking about with with PayPal.
- 12:14And, you know, they will do targeted Ubi like, Or what's the
- 12:19other program at ability that they've been talking about?
- 12:21Making sure that your CB D c--, your money has an expiration
- 12:26date, like all this stuff is absolutely insane.
- 12:29Level dystopian Tech that these people are trying to push on us,
- 12:32and we say all the time, you know, Bitcoin is the answer,
- 12:35Bitcoin fixes this and you don't have to ask anyone or have any
- 12:41of these limits on your money because Bitcoin is a free
- 12:44open-source the most inclusive of the most Equitable money in
- 12:47the world and No one's in control of this.
- 12:49And that's a feature, not a bug and these people are absolutely
- 12:52insane and tyrannical and have that have gone completely.
- 12:55They lost in the sauce is like, the best way that I can put it.
- 12:58The fact that they're trying to tell us that these are features,
- 13:00like we're going to program your money so that you can only use
- 13:03it with this very narrow Lane of use cases is like, this is
- 13:07insane. It's absolutely insane that
- 13:09they're, they're onstage trying to Market this as something
- 13:12that's good for us, it's, you know, wholesale bad for society
- 13:15and for individuals at large, so Like this is nuts that they are
- 13:19definitely saying that the quiet part out loud and you know, like
- 13:23it's amazing that people aren't seeing what we're seeing.
- 13:26Hey Mary, there's screaming at Kanye West right now.
- 13:29I mean I don't know if he was holding onto that letter and he
- 13:33just released it and he's you know, doing whatever he's doing
- 13:36with marketing. But if you're going to get cut
- 13:38off from business services and Banking and you don't utilize
- 13:42Bitcoin, you know, that's kind of taken away, not only people's
- 13:45speech but their ability to live to feed them.
- 13:48Ourselves to get their ideas out to work to do Commerce.
- 13:53It's almost a death sentence sort of line.
- 13:55When you take away, someone's citizenship, you're almost
- 13:58sentencing them to death. There's just not a lot.
- 14:01You can do in this world when you don't have certain papers
- 14:03or, you know, especially in the Fiat world.
- 14:05So, with Kanye, I mean, they're screaming loud and clear a and,
- 14:09and what's interesting is, I think that, you know, a lot of
- 14:12the people that this happens to they get painted as, as bad
- 14:15people and, and even though I think, you know, Whether you
- 14:18think they're kind of good better evil, I think people are
- 14:22allowed to have bad ideas too loud to say dumb things.
- 14:24I mean they can suffer consequences but in terms of
- 14:27social media, impacting your banking services or your
- 14:29employment or your ability to generate income.
- 14:33This is a Gris 'guess a but most people I think are going to take
- 14:36it along the lines of well, I don't agree.
- 14:38So therefore this problem doesn't affect me or maybe that
- 14:42person step that aligns and they should have known better even if
- 14:44I agree or disagree. And that's just a very The
- 14:48priests carry slope. Yeah, absolutely.
- 14:50And it goes back to, you know, the theme that we've been trying
- 14:53to tell you guys and again I know that things are a little
- 14:56off, he skated right now, the battle lines right?
- 14:58And it cites not very apparent but I promise you as time
- 15:01progresses and they continue to get more desperate and desperate
- 15:05and desperate. It's going to become very
- 15:06apparent, it's Bitcoin or slavery, there is no middle
- 15:10ground, okay? It's government money of which a
- 15:13few bureaucratic Elite get to pick and choose what you can
- 15:17buy, what you can. Eat where you can travel to
- 15:20write. Or you have a decentralized
- 15:23solution rules without rulers, which is Bitcoin, right?
- 15:26Is the only two options you have, right?
- 15:28So very interesting stuff will cover it.
- 15:32I would is, how would even say this is more than clown world.
- 15:36Man. This is some, this is some 1984
- 15:39for turning type of, I don't know.
- 15:41Anyways, let's get to the news. The Daily News brought to you by
- 15:48B box to bitcoin, only addition a hardware wallet by shift
- 15:51crypto crypto like cryptography. It's secure, it's open source
- 15:56and it's so easy, your mom can set it up.
- 15:58Self custody is the revolution in the bit box.
- 16:01Makes it simple, do not leave your Bitcoin on an exchange
- 16:05order a bit box today. All right, for our audio
- 16:10listeners. You're listening to Simply
- 16:12Bitcoin live. Check out this tweet.
- 16:15Biter semester in 1997. 15 percent of Canadian households
- 16:20had an internet connection. Three years later, it was 51%
- 16:25and he retweeted a tweet by Kevin Rook a friend of the show.
- 16:28The Bank of Canada just released their Bitcoin ownership survey
- 16:32results. And the numbers are incredible
- 16:3413 percent of Canadians. Now hold Bitcoin.
- 16:37And over 25 percent of Canadians between 18 and 34 years old.
- 16:42Now, this is a big problem for them.
- 16:45You want to know why the B Administration is?
- 16:47So desperate on rolling out Central Bank, digital
- 16:50currencies. This is why you want to know why
- 16:53they're tuning up. The heat RIT the regulation.
- 16:56This is why you want to know why?
- 16:57The SEC still hasn't approved a Bitcoin spot ATF.
- 17:01This is why you want to know why Catelyn Long's Bank custodia
- 17:05hasn't been given a federal Harder by the fed.
- 17:09This is why this is terrifying for them.
- 17:13And remember, this is a Grassroots, this is a bottom-up
- 17:16movement. How do you convince the public?
- 17:22If 75% of the public is holding Bitcoin and they're benefiting
- 17:26because of Bitcoins incentives. How do you convince them?
- 17:30That Bitcoin is bad in Central Bank?
- 17:31Digital currencies are good. You don't, which is why they're
- 17:35so desperate to try to stem the flow.
- 17:37Remember Christine lagarde's own words.
- 17:40Opt his ex-girlfriend If there's an escape valve people will use
- 17:44it. Bitcoin is that escape valve?
- 17:46So these are very bullish numbers and for our audio
- 17:50listeners, percentage of Canadians holding Bitcoin, it
- 17:53continues to go up in 2017, 2016.
- 17:57I apologize. It was only three point, two
- 17:59percent fast-forward, 20 21, it was 13.1%.
- 18:07What's it going to be in the next havoc?
- 18:10Anyways, some some some data from glass note, as well, right?
- 18:15These are addresses with .01 Bitcoin.
- 18:19Continues to go parabolic. For our audit for audio for
- 18:24audio listeners. The number of addresses with .01
- 18:28and 28 in January, 12. 2018 was seventh out.
- 18:31Sorry, seven million 343,000 fast-forward till today, October
- 18:3712 2022. The number of addresses with .01
- 18:40Bitcoin is ten point seven million addresses and increase
- 18:44of 3 million addresses, but it's not only .01.
- 18:47It's also addresses with .1 also going Parabolic addresses with
- 18:52one Bitcoin. A lot of whole coiners are being
- 18:55minted. Look!
- 18:55Gotta love the bear markets, right.
- 18:57There's, there's a silver lining also continues to go bare about
- 19:00parabolic. We're almost at 1 million
- 19:03addresses, holding one Bitcoin, glorious to see, amazing man,
- 19:09talk about the power of Bitcoins incentives for the win once
- 19:14again and connect us with the video from the guy with the IMF
- 19:18advertising or, you know, Advocating for Central Bank,
- 19:22digital currencies look no wealth redistribution, no
- 19:25mechanism. No Central planners doing
- 19:27anything. People acting on their own
- 19:30incentives rules without rulers and that will always beat The
- 19:36group, The cabal, the bureaucratic cabal that thinks
- 19:39that they could plan your life better than you can plan your
- 19:42life yourself. And here we are bitcoins
- 19:45incentives. Once again for the win.
- 19:48The honey badger is undefeated Opti.
- 19:51What are your thoughts, bro? Well, first of all, you love to
- 19:54see it. Love to see that Canadians are
- 19:57adopting Bitcoin but my question is like what's the Tipping
- 20:00Point? Because I saw another metric
- 20:02over the weekend that I think I forget who it was, is
- 20:04documenting. Want a Bitcoin mag, but they
- 20:07were saying that America has like a 16 percent adoption rate
- 20:11of adults. And it's like, you know, we
- 20:13always talk about the intolerant minority, and I'm just wondering
- 20:16at what point does it become just completely clear that
- 20:19Bitcoin is winning and people can't stop it.
- 20:22I think we're getting there and we've been talking about it for
- 20:24a while that Bitcoin is crossing that mainstream Consciousness
- 20:27Rubicon. And it's just, we see it every
- 20:30single day in the news. Like, you can't stop the signal
- 20:32as much as they try to dunk on bitcoin.
- 20:35The Signal continues to Bubble to the top and the Bitcoin
- 20:39incentives. Just stay winning.
- 20:40And it's just, it's just awesome to see that people are adopting
- 20:44Bitcoin. They are learning about Bitcoin
- 20:46and people are starting to save themselves from all this
- 20:49financial Ridiculousness going on over there where they're just
- 20:53stealing your wealth. And then telling you that it's
- 20:55okay that you are losing this much wealth.
- 20:57And that this is the status quo. So I love to see these numbers.
- 21:01And I again, I'm just wondering like, what is the Tipping Point
- 21:03where we get enough bit? Winners in the world where it
- 21:07just becomes very obvious to everyone.
- 21:09That Bitcoin is here to stay. That Bitcoin is the best savings
- 21:12mechanism, and that nothing any government does can stop it.
- 21:16So obviously, we are still in for the fight.
- 21:19We're still into seeing all this stuff happen out where in the
- 21:22first Innings of this, then they fight you stage, but it's
- 21:25becoming very clear that people are waking up to the rig game
- 21:29against them, and they're starting to save in adopting
- 21:31Bitcoin. And like I say all the time, the
- 21:33Bitcoin price is simply a Real-time reflection of people's
- 21:36understanding of Bitcoin. And so if there is more people
- 21:40adopting Bitcoin as we see, I'm sure this is the highest
- 21:43adoption levels that Canada is seen in.
- 21:45Probably America, guys, we don't like to speculate on the prize
- 21:49but it's gonna start going up soon.
- 21:51And more people are going to start adopting Bitcoin.
- 21:54So this cycle is going to get absolutely crazy.
- 21:56And this is why we're here, you know, I'm here for this, we're
- 21:58on the first, we're in the front row of the first Innings of this
- 22:01crazy stuff and I'm just excited to be a bit corner like it's
- 22:05Privileged dude, it's it image to like have front row seats to
- 22:09watching a technology being adopted by the world that is
- 22:13going to fundamentally change the world, just like the
- 22:15internet did. But this time, it's
- 22:18fundamentally different, right? The internet never solve the
- 22:20inflation problem, right? This Bitcoin is that solution
- 22:25and the the wealth Renaissance, the entrepreneur Renaissance
- 22:29that I think we're going to see is something that we have
- 22:31trouble conceptualizing. Man, you know, and I'm really
- 22:34excited for that anyway said Let go hold on before we go to
- 22:36Cedric. Let's read this.
- 22:37Comment by bake. He says the Tipping Point is
- 22:39probably some nice round number like 100 thousand or a million
- 22:42dollars. The normies will see it on the
- 22:44news and wake up. I think I agree with this.
- 22:48I think I definitely agree with that.
- 22:50I have a soundboard effect for 100,000 100,000.
- 22:57All right, Cedric, what are your thoughts on all this man?
- 22:59Let's go back to adoption. I think my main concern here is
- 23:04around self. And whether people are actually
- 23:06taking custody of their Bitcoin, you know, addresses, with a
- 23:10little bit of Bitcoin going up, that could be people putting $50
- 23:13on Robin Hood and that's not really, you know, bit coining.
- 23:17So, I would let you know. And I don't know if that message
- 23:19and enough education is around custodianship of your own
- 23:23Bitcoin as sort of the Silver Bullet to allow the issues we're
- 23:28seeing. Now in terms of 1 million or a
- 23:31hundred thousand one, one does retail come back we'll get
- 23:34excited and you see a jubilee. Lee, I don't think, I think
- 23:37around a million a coin or a tamilian, a coin.
- 23:39When we hit one penny per sad, is when you'll see exchanges,
- 23:43flip from pricing, and Bitcoin, to pricing and satoshi's.
- 23:46And that one sentence, Satoshi, Pitbull, Bitcoins are shit.
- 23:49Coin again, and it goes from One sensor to sense overnight.
- 23:53I think that's when you see a lot more volatility and when
- 23:56people start to have less unit price by there's okay.
- 23:59So could you just say 1 million Cedric, just say, 1 million, 1
- 24:03million, Anyways, moving on ladies and gentlemen, I'm having
- 24:10fun opt. He's got to teach me all the
- 24:11tricks tips and the tricks. Anyways, so getting to what the
- 24:17title of the video is today. Let's talk about Bitcoin mining
- 24:20the incentives provided by Bitcoin mining.
- 24:23Let's take a look at the hash rate, shall we continuing to go
- 24:26parabolic and the depths of a bear Market?
- 24:30Becoming an incredibly difficult to be a Bitcoin miner nowadays.
- 24:34But remember guys, what happened in?
- 24:352018, right happened in 2018, the Bitcoin bull market, right?
- 24:41How to blow off top around December the hash rate continue
- 24:45to go parabolic until 2018. So it took about a year for the
- 24:49hash rate to correct, right? So kind of you know very similar
- 24:55something very similar is happening right bitcoin price
- 24:58collapse, the Hatchery continues to go up and not why is that
- 25:01remember, it takes a lot of time to build out a lot of these
- 25:04facilities. So a lot of these companies
- 25:05Open. He's raised a lot of money to
- 25:07buy infrastructure to by miners there.
- 25:10What are they going to do? Just going to sit on that.
- 25:11Know they're going to deploy it, right?
- 25:14So just wanted to mention that. Now this is really interesting
- 25:17something that we covered in back over in March, right?
- 25:21Exxon is mining Bitcoin in North Dakota as part of its plan to
- 25:25slash emissions. Write some news came out today.
- 25:28Following that up that I think you guys might find a signal.
- 25:32So ExxonMobil the top oil and gas producer in the US.
- 25:35Piloting a project to mine Bitcoin in North Dakota,
- 25:38according to people with knowledge of the matter.
- 25:40They've been doing this for months.
- 25:41Now, let's see how successful it's been.
- 25:43I'm going to make the argument that.
- 25:44I think it. I think it was successful.
- 25:45Let me, let's check this out. So similar to conquer Phillips
- 25:49mining scheme in North Dakota back in region.
- 25:51Exxon is diverting natural gas, that would otherwise be burned
- 25:54off into generators, which convert the gas until
- 25:56electricity used to power. Shipping containers, full of
- 25:59thousands of Bitcoin, miners Exxon launch, the pilot in late
- 26:02January 2021 expanded its build out in July.
- 26:05Some signal their expanded its build out.
- 26:07Now it also isn't X on. This is a, this is an
- 26:11international phenomenon. This is Russia's gazprom.
- 26:14Gaspra. Miffed and B River partner to
- 26:17develop crypto mining operations gazprom is Russia's state-owned
- 26:22Energy company. It's absolutely massive.
- 26:25If you're in Europe. You know what gasps promise,
- 26:27well, maybe not so much anymore because of the sanctions, but
- 26:30that's where your app purchase a lot of his natural gas.
- 26:33So you're seeing the same phenomenon.
- 26:35Happen in United States. And also internationally energy
- 26:41companies are realizing that they could mine Bitcoin.
- 26:45Now, what's really interesting that thing that I wanted?
- 26:47The reason I want to talk about today was pursue Energy Systems
- 26:52requires, Great American mining, who is curse you Energy Systems.
- 26:55Let's go back to that article for over a year.
- 26:58Exxon has been working with Crusoe Energy Systems.
- 27:02That's right guys the company that At Exxon Mobil, huge
- 27:07Energy. Company in the United States
- 27:09uses to mine Bitcoin, just acquired, Great, American
- 27:14mining, what is Great, American mining, Great American mining,
- 27:18our Fleet of trailer-mounted hash rate can be rapidly
- 27:20deployed to solve gas, flaring and take advantage of stranded
- 27:23energy oil and gas producers can increase production, reduce
- 27:27flaring and make more money from their gas with great American
- 27:30mining. So let's read some, let's read
- 27:33the announcement, it goes on to say Chris, Energy Systems
- 27:36announced today that it has acquired the operating assets of
- 27:38Great American mining. The acquisition accelerates
- 27:41pursues digital Flair migration business through additional
- 27:44scale and customer relationships with while enabling pursue
- 27:48energy to more efficiently, reduce the impact of natural
- 27:50gas. Flaring using pursues partnered,
- 27:53dfm Technologies and large-scale.
- 27:55Advanced operational capabilities the acquisition
- 27:58integrates Great. American mining operations into
- 28:01crew. Sue's D, FM systems to utilize
- 28:03stranded and wasted energy. Sources to power modular data,
- 28:07centers and enable, energy-intensive computation.
- 28:10The acquisition of Great American mining's assets will
- 28:12add approximately 9% to Cruces capacity.
- 28:16Bring Crusoe to a new total of approximately 125 flare, gas,
- 28:21powered, module data centers deployed and 300 employees
- 28:25across Six States, dude. Dude, that is, that is crazy.
- 28:32That's a lot of signal right there.
- 28:35Continuing to expand in the depths of hell of a bear Market.
- 28:40And I just want to say for anybody who attacks Bitcoins
- 28:43energy use. Do you have a place to put that
- 28:48stranded gasps? Could you monetize it?
- 28:52Can't monetize it. So why don't you all shut the
- 28:55fuck up? I don't know what else to say.
- 28:59Man. But or or or better said, is it
- 29:02really about the climate is really about the energy use.
- 29:08Or is it out troll? Tedric you want to hit it?
- 29:11Yeah I mean it's I think it's about control so I don't think
- 29:14it's about monetization of these assets.
- 29:17If it was, I mean, they be pointing nuclear reactors at
- 29:20Bitcoin mining and stabilizing grids All Around the World in,
- 29:24you know, Faraway places that have resources.
- 29:27So I think that's a parent. But I do think think this is
- 29:30incredibly bullish to see the pairing of the energy industry
- 29:33oil and gas specifically with Bitcoin.
- 29:36Mining is great for the environment.
- 29:38Iron Man, it's great for just energy production and the oil
- 29:44and gas Industries. One, the most powerful
- 29:46Industries in the world. So talk about an entrenched
- 29:48interest in skin of the game would be fantastic every time
- 29:52that this these projects build and get bigger and more
- 29:55companies, dip, their toe. I was just a tremendous positive
- 29:58for Bitcoin in terms of Regulation and politics and
- 30:03things of that nature. Not that, you know, we try to
- 30:06always go there but These things are important in terms of
- 30:09building out and bear markets for building.
- 30:11So Now's the Time when this stuff is going to get done and
- 30:14that's why it's going under the radar right now because people
- 30:17aren't paying attention. So, and that's when I think a
- 30:20lot of these news stories will get released.
- 30:22So ya know, and dude, that and I and Cedric, I think, I think you
- 30:28hit the nail on the head there and you drop some signal.
- 30:30Right is bear, markets are for building, right?
- 30:33And then so, you're seeing this move by the, you know, the
- 30:36energy. Doubling down on Bitcoin mining.
- 30:40And then also from a institutional perspective,
- 30:43you're also seeing the build out of the institutional
- 30:48infrastructure, right? Whether that's BlackRock
- 30:50offering Bitcoin to their institutional clients, whether
- 30:53that's Fidelity as well, right? You had the NASDAQ announced
- 30:57that they're going to launch a Bitcoin exchange, right?
- 31:00So a lot of things are happening in the depths of hell of a bear
- 31:03Market or 70% down, but all this building is happening.
- 31:07Then this is wasn't Building during the bull market, right?
- 31:09I think that's some signal right there if they really thought
- 31:12that Bitcoin was going to go away, would they really be doing
- 31:15all this stuff? Maybe they're stupid.
- 31:18Well, I don't know. They're also building the rails
- 31:20during the bill bear market and film their bags.
- 31:23So then they'll have, you know, bags to sell to retail on the
- 31:26way up, when we tell excited again 100, I'm gonna kind of
- 31:30fits the Cycles. 100% Opti. We got a request, I already have
- 31:36it. But again you love to see it,
- 31:41you know, I said in the first part, but this is, this is what
- 31:44we sell time, bitcoiners build in the mirror market.
- 31:46So and to everyone out there that hate on, on bitcoin, to
- 31:51energy use, you know, Bitcoin doesn't waste energy, it's
- 31:53obviously incentivizes the use of stranded energy and its
- 31:57parking Energy Efficiency. So, you know, shouts out to all
- 32:02our friends over at Great American mining for this move.
- 32:05I'm not. It sounds like they may have
- 32:07sold. Those assets.
- 32:08But they, you know, they're building towards this and goal
- 32:12where we've been talking about for a long time that energy
- 32:15companies will get into Bitcoin mining.
- 32:17And furthermore, I forget who said it first, but that Bitcoin
- 32:20mining companies will become the energy companies and we're
- 32:23seeing this symbiotic relationship happen in
- 32:25real-time. So, love to see it.
- 32:28As we've been saying for a while in the bear Market, there is a
- 32:32lot of things that are being built out right now.
- 32:34And when this next cycle starts going, when the price starts
- 32:38Even again, like we just talked about the Tipping Point, it's
- 32:40going to get absolutely insane because retail is going to
- 32:43notice that, oh, wait, all these institutions.
- 32:46All these energy companies, even the payment companies, they're
- 32:48all getting into Bitcoin. And while you know, Bitcoin
- 32:51doesn't need anyone in particular, it does give Bitcoin
- 32:55a sense of legitimacy when you have these big corporations that
- 32:58are have their toes and Bitcoins.
- 33:00So again, I really do believe that this next time around.
- 33:03When the, when the market starts moving again, people are going
- 33:06to be very Rise at how the Bitcoin infrastructure has been
- 33:10built out and it's going to be very surprising because we see
- 33:14it all the time. You know, the gradually then
- 33:15suddenly Meme and that suddenly part is going to blow people's
- 33:19minds and I mean we're seeing Bitcoin not only spread its
- 33:24tentacles out in the corporate world but we're also seeing it
- 33:28Spread spread the Consciousness in the cultural world.
- 33:30Like we're seeing people wake up to this and you know celebrities
- 33:34were seeing it Bubble Up and media.
- 33:36We're seeing it Bubble Up and So like you can't stop the signal
- 33:40and it's again Bitcoin just stays winning and bitcoiners
- 33:44just stay winning and we just continue to be right and it just
- 33:46feels good you know it is it just feels good, feels really,
- 33:50really good. Anyways, I'm excited for The
- 33:54Monday edition of the culture. Are you guys ready for some
- 33:57Relentless optimism? I'm super pumped.
- 33:59Anyways, let's get to the culture.
- 34:03The daily culture brought to you by Swan Bitcoin.com, Swan is the
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- 34:25Swan Bitcoin.com today, Alright guys, I'm going to give this
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- 34:31Bitcoin is going to be the largest Bitcoin conference on
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- 35:13Bitcoin Opti. What do you have for us today?
- 35:15Let's go. All right, guys, so I saw this
- 35:17article last week and for those in the spaces it's called
- 35:20learning about Bitcoin is the path to Financial Freedom.
- 35:23And this is one of those things where I feel I have to cover
- 35:27this because I've experienced this in my personal life and I
- 35:30look around at people all the time and I just know that if
- 35:35they went down the rabbit hole Bitcoin would help them so much
- 35:38but this is why we continue to spread the signal.
- 35:40This is why we continue to try to push these messages so that
- 35:43people understand Bitcoin is the solution.
- 35:46So anyways, let me get in this article.
- 35:47This is on bitcoin magazine. I'm really loving these opinion
- 35:50pieces that they're dropping on bitcoin magazine.
- 35:52It's really awesome stuff. This one's by the Bitcoin
- 35:55General and the title is About Bitcoin is the path to Financial
- 35:59Freedom Bitcoin breaks, I Financial Bond created by the
- 36:02monopolization of money and I really like this beginning.
- 36:06I usually don't read the the like the disclaimer right here,
- 36:09but I like this one. He says this is an opinion
- 36:11editorial by the Bitcoin, General a Bitcoin.
- 36:13Proponent seeker of truth, respecter of individuality and
- 36:17appreciator of Freedom, perfect context.
- 36:19Anyways, I am going to read a little bit on this article
- 36:22because he does all the work for me and then we'll jump in for it
- 36:25a little bit. So, for decades, the Legacy
- 36:27Financial staff A blush mint has capitalized on its position to
- 36:30manage well for the vast majority of investors.
- 36:33On January, 3rd 2009 to Toshi Nakamoto did something
- 36:36revolutionary. He mind the Genesis block of
- 36:39Bitcoin. And after witnessing, the
- 36:41scandalous events of the great financial crash of 2008, enough
- 36:44was enough, big Banks engaged in Reckless conduct with predatory
- 36:48lending, practices and incessant greed, that drove the world in
- 36:51the global recession. Then came the massive corporate
- 36:54bailouts via the money printer and then enter Bitcoin if Forge
- 36:58New Path forward. It's an opportunity to pursue
- 37:00wealth and financial Independence for the Common Man,
- 37:03the grip of the financial Elites would slowly loosened as a new
- 37:06digital asset class was created to loosen the grips of
- 37:09government-controlled domestic money think.
- 37:12I think I need to give it some horns on that one.
- 37:15Anyways, Bitcoin is the money of the people, because no Central
- 37:19Bank or government controls it, in fact, many governments are so
- 37:22threatened. By it, many have imposed heavy
- 37:23restrictions on. It's used or have even outright
- 37:26banned it and we brought the release. the receipts for this
- 37:29on this show multiple times and this is the message that we
- 37:31continue to push on everyone that Bitcoin is Financial
- 37:35Freedom because this is the separation of money and state
- 37:38and if you're part of this show, you already know if you're if
- 37:41you're a fan one of our friends out there that it's always
- 37:44chilling, the chat, you already know this, but I do these
- 37:47cultural messages so that we can get these clips out to people,
- 37:50so that they understand why we are so insistent on bitcoin
- 37:55being the vehicle of financial Independence because it Create
- 37:58more Financial Freedom, to the individual, and keeps government
- 38:01overreach in check with its robust Network.
- 38:03The resistance of the Legacy financial and Elite
- 38:06establishment. Only galvanized this point
- 38:08further. And as we're showing even in
- 38:11today's news, you know, changes on the horizon, Bitcoin being
- 38:14adopted All Around the World in First World in third world
- 38:17countries, it's in the culture. It's in the news, it's our mean
- 38:21world. And everyone is living in it
- 38:22because Bitcoin benefits Society to such an extent.
- 38:27And it's Opening at such a fast notion that it's literally
- 38:31breaking the internet in a good way.
- 38:33Anyways, the Legacy financial industry mostly remains critical
- 38:36of Bitcoin because the benefits of self custody eliminates, the
- 38:40need for these Legacy institutions or at least reduces
- 38:43their role, thanks to Nakamoto nearly every human being on this
- 38:46Earth. Can now exercise the option of
- 38:48self custody of their wealth and savings and we tell you guys all
- 38:51the time self custody is the Revolution.
- 38:54Download those Bitcoin Wallets on your mobile phone on your
- 38:57desktop. I've named them a lot of times.
- 38:59I'll continue to name them, but let me get to the bottom of this
- 39:02article before I just go on my rants.
- 39:04He says, of course, one would be remiss in, not acknowledging the
- 39:07learning curve of Bitcoin. You know, there's people that
- 39:09are tech savvy, there's people running nodes, it seems complex,
- 39:13you know, when it comes to bitcoin, people may look at it
- 39:15as an investment, but you need to assess your own risk
- 39:19tolerance and time preference and proceed accordingly and for
- 39:22some the highs and lows of Bitcoin might prove to be too
- 39:24much and for others, not so much.
- 39:26Shouts out to all my big toe. Wendy Jen's out there but the
- 39:29one primary benefit is freedom freedom to purchase.
- 39:32Hold or transfer Holdings. Anywhere one Desires in the
- 39:35world in record time at a minimal cost.
- 39:37Bitcoin is freedom from the shackles of big Banks who work
- 39:40on their time, shut their own non-negotiable, exorbitant fees,
- 39:44and Bitcoin fixes this. Anyways, choosing the path of
- 39:47financial Independence through nakamoto's ingenious.
- 39:50Digital Innovation is an option that can no longer be ignored
- 39:54for those who no longer want to trust the Legacy system with
- 39:56their hard-earned money. Ingenuity has blazed a new tent
- 40:00new Trail, big banks, no longer having a monopoly on the money.
- 40:04They have profited game, the system, defrauded, the masses,
- 40:07and manipulated their way to the top, all in the name of greed
- 40:10and seeing top financials Executives outwardly attack
- 40:13Bitcoin proves even further that they see it as a threat.
- 40:17I've said it all the time, anytime I see a government or an
- 40:22institution that is a banker or something.
- 40:24Hate on bitcoin. It just shows me that we are
- 40:27right and that That we are doing what we're supposed to be doing.
- 40:31What we said, we are doing because if they feel threatened,
- 40:34then that's a good thing. Anyways, the beauty of it all is
- 40:37Bitcoins, deflationary nature. It is the antithesis of Fiat
- 40:40system, which is perpetually inflationary and this is not to
- 40:44say that you did for not affect Bitcoin to win and Bitcoin is to
- 40:46run the marathon one holler once described it as a head game that
- 40:50challenges you at every level, the volatility and Bitcoin will
- 40:53test the nerves of many and possibly, even force them to
- 40:56reassess their risk tolerance. But there's no adviser to blame.
- 40:59No broker to reach out. No, fund manager to fire.
- 41:02One must take the time to learn the protocol understand, its
- 41:05potential and jump into the roller coaster.
- 41:08Bitcoin is a revolution of the individual.
- 41:12It is taking self-responsibility of your life and taking it back
- 41:15from The Nanny State out there. But as a seasoned investor with
- 41:20years in the trenches, one says, you need to be ready to take a
- 41:22punch and the punch may never come but you'll be in a much
- 41:25better psychological position if you are ready for it.
- 41:27I've been Saying this consistently on the show that
- 41:30you need to prepare right now because it is the Calm before
- 41:33the storm. One thing, start going crazy
- 41:35against once the price starts moving and we're seeing even
- 41:38more break neat and Breakneck adoption of Bitcoin.
- 41:41You're going to get caught up in all the dopamine, you're going
- 41:43to get caught up in all the hype and if you aren't prepared, now
- 41:47it can get very crazy. And this is why we come here
- 41:49every single day to try to make sure that people are prepared.
- 41:52And they've done their homework, they have educated themselves
- 41:55and they've even studied the critics you The arguments
- 41:58against Bitcoin so that you are better prepared for when you
- 42:01need to go orange pill people. Anyways, we all know, the
- 42:05Central Bank manipulation as an all-time high Fiat value,
- 42:08consistently losing value and we have governments and
- 42:11institutions out there fighting Bitcoin.
- 42:14So I say all that to just say, guys, we know that Bitcoin is
- 42:20Financial Freedom. If you are here, you've
- 42:23experienced this for yourself. You understand that Bitcoin self
- 42:26custody is the Lucien I'll continue to run down the the
- 42:31products that I like, you know, if you're on a desktop Bitcoin
- 42:33core Spectre Sparrow if you are on Electro, Electro.
- 42:37Yeah. Me cousin, electrum.
- 42:38Actually, if you're on your phone, you know, Breeze, Moon
- 42:41blue wallet while it up Satoshi if you, you know, Hardware,
- 42:45while it's cold card seed, signers shift, a bit box, like,
- 42:48guys there, the tools are out there and they're continuing to
- 42:52get better. And, furthermore, if you are
- 42:54buying your Bitcoin on kyc exchanges use, Join
- 42:58implementations like join market and you know like we are
- 43:03Advocates on getting Bitcoin any way possible peer-to-peer with
- 43:07Bitcoin with no sign up. If you are trading your privacy
- 43:10for convenience, we like Swan. But guys understand that the
- 43:16revolution is self. Custody Bitcoin does provide
- 43:20Financial Freedom because we've said it so many times and we've
- 43:23experienced it in our own lives. The the amount of human capital
- 43:27that Bitcoin Will unlock going into this next Bull, Run.
- 43:30Going into the next 4. 8, 10. 12 years is going to be absolutely
- 43:34insane and we're going to start to create a world that no longer
- 43:38steals from us that no longer steals from future generations
- 43:40and we can build on a solid foundation that is the Bitcoin
- 43:43standard. And this is what we are.
- 43:45Such big Advocates about because Bitcoin really is freedom guys.
- 43:49And the world is waking up to this this this signal, as we
- 43:54said in the news we have energy companies, adopting Bitcoin.
- 43:58We have the highest number of adoptions in First World
- 44:01countries, we have third world countries communities career
- 44:05revolving around Bitcoin and it's just so beautiful to see
- 44:08and be a part of that we can be journalists and cover the stuff
- 44:11for you guys every single day and tell you that the revolution
- 44:15is happening in real time and it will not be televised, but it
- 44:18will be streamed on simply Bitcoin.
- 44:20So continue to push that signal, guys.
- 44:23Continue to stay positive continues to be relentlessly
- 44:27optimistic or at If I said militantly optimistic and
- 44:31positive because we are an information War, guys, and we
- 44:36really need to understand and buckled down that we are in the
- 44:38trenches and it's a but it's upon us as individuals to get
- 44:43this signal out because there is no marketing team for Bitcoin.
- 44:47And this is why we do what we do and this is why I like to cover
- 44:49articles like this on the show so that we can continue to beat
- 44:52this message in people's minds that Bitcoin is saving us all
- 44:56and we have the ark man. And it's just so beautiful to be
- 44:59a part of it. So beautiful to be this early
- 45:01and see it take over the world in real-time.
- 45:04Anyways, rant over, I'm just I get excited about these stuff on
- 45:08Monday morning. I get here if I know.
- 45:10I read a little more than usual, Nicolas, and body.
- 45:13This you embody the optimism that Bitcoin gives you, right?
- 45:18And this world of Darkness of nihilism, that Fiat has
- 45:23incepted. The vast majority of the world
- 45:26with I can't say for a better future.
- 45:28Future. I'll never have enough money to
- 45:29buy a house on never have, you know, I can, I can't afford
- 45:32these things, the politicians, you know, divide and conquer us
- 45:36saying, it's the left, it's the right, you know?
- 45:38But the fact is that, the money is broken man and it's not a
- 45:41coincidence, right? That when you change your
- 45:44operating system. Shout out to seek a for that.
- 45:47You know you you start to feel optimistic about the future
- 45:51because not only does is your money not stealing from you.
- 45:54It's actually increasing in purchasing power over time.
- 45:58And our mission at simply is to get that message out because we
- 46:02fundamentally believe that if enough people change that
- 46:05operating system it will fundamentally change the world
- 46:09for the better. Anyway, Cedric, what are your
- 46:11thoughts man? Bear markets are the opportunity
- 46:14to change your own operating system, bear markets, or
- 46:17something to be excited about if you put in the work.
- 46:20So now is the time where you can actually mine Bitcoin with your
- 46:23brain, you can work at your Fiat day job or your Fiat career.
- 46:28Weird. And you can make some Fiat and
- 46:30buy Bitcoin on an exchange. One day they won't be, you won't
- 46:33be able to go to exchange to buy Bitcoin.
- 46:35Just like you don't go to exchange the bike dollars right
- 46:37now in America. It's just the money we use.
- 46:39So this is the opportunity to mine Bitcoin with your brain.
- 46:42And, you know, there's no better time to do with it during a bear
- 46:45Market. If you bought at the peak, you
- 46:48owe it to yourself to put in the work.
- 46:50Now to find out what you're holding.
- 46:52Whether you have enough, whether you should have more to say
- 46:55what, you know, to go on with, what CK has been.
- 46:58Saying is that probably if you've been stacking and by the
- 47:00end of this bear Market, if you're stacking, you're going to
- 47:03have enough Bitcoin for 2030, when Hyperbaric quantization
- 47:08comes, but you need to secure your Bitcoin.
- 47:10And you need to get you and your family to 2030 in a healthy
- 47:13manner. So there's a lot of work to this
- 47:16to this since you got to put in the work now.
- 47:18And that is the real opportunity.
- 47:20Amen. Not I think, Cedric hit the
- 47:23absolute nail on the head starts talking.
- 47:26Now, member people were saying it was too late when Bitcoin hit
- 47:29100 on bitcoin, hit ten dollars, you know, we don't understand
- 47:33what something that has absolute scarcity.
- 47:37Knut says, it perfectly 21 million /, everything divided by
- 47:42Infinity, right? And it's very difficult to
- 47:45conceptualize that but so far, I think the results speak for
- 47:49themselves. Anyways, let's get to the mean
- 47:50review. Let's do it.
- 47:54The daily meme review, brought to you by Cipher safe, don't be
- 47:59that person that loses their Bitcoin seed.
- 48:01Due to fire damage water damage dog.
- 48:04Attacks back up your generational Bitcoin wealth on
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- 48:12grid by Cipher safe and now check out their new Bitcoin art
- 48:17the Bitcoin rulebooks triangle only on Cipher safe. .I All
- 48:23right, boys and girls out there and simply Bitcoin land.
- 48:25You already know. Tweets are the bullet.
- 48:29And memes are the artillery in this meme Warfare.
- 48:33You guys are in an information Wars.
- 48:35I like to call it a disinformation war.
- 48:37So you need to continue to counter the narratives continue
- 48:39to make the meme continue to have calls to action because a
- 48:43lot of people don't have the time or don't want to put in the
- 48:46effort to read you know, thousand word article.
- 48:48So we continue to spread the message and meme for many This
- 48:52first one is by coin B and it's a ghost ship coins aren't
- 48:56completely useless. Good morning.
- 48:58And he goes, how much you learn from Theory from doing is a
- 49:01little more and then from mistakes is a little more but I
- 49:04wanted to add other berries variation all this and he goes
- 49:08small update. The highest way you learn is a
- 49:11big green candle from memes. Yes this is this is what we tell
- 49:15you guys all the time about memes and this next one Nika.
- 49:18I don't know if you saw this one, but this is that dirt Gigi
- 49:21and it's a It's kind of a continuation of the Canadian
- 49:25news about the percentage of Canadians Olympic coin and you
- 49:28guys all seen the IQ meme. We have, you know, the my fellow
- 49:32left bell curves over here, just stops ads and then we have the
- 49:35Midwest and it goes, no, you got to have a balanced portfolio.
- 49:38Investing requires careful due diligence, make a savings plan.
- 49:42Pay off your most expensive loans for save up for a house.
- 49:44Think about your pension when you're 25 choose.
- 49:47A credit card with bonus programs, tailored to individual
- 49:49needs and then we got those high ride IQ.
- 49:52In the cloak. Oh, just acquire Bitcoin.
- 49:55Well, this isn't just me, that's not us.
- 49:57That's not us. Well, the, the main part about
- 50:00this is this isn't just a meme anymore.
- 50:02The best part about this mean by der GG.
- 50:05Is we got the numbers here of the percentage of Canadians who
- 50:08own Bitcoin from 2016 to 2020 one and just look at this
- 50:11highlighted area right here, financial literacy low, 15%
- 50:15owning Bitcoin, Life Is MeMe and meme is life.
- 50:26It'll mean world. And everyone is just living in
- 50:29Opti. It wouldn't be true.
- 50:30It wouldn't be funny if that was true.
- 50:33If it wasn't true that we wouldn't understand that that's
- 50:35the common denominator and amazing have to be true man.
- 50:38Holy crap, can't stop the signal this next one.
- 50:41I really don't like to add myself in these memes, but I did
- 50:45this, this tweet two years ago, didn't get lucky studied
- 50:48Austrian economics and shouts out to my buddy toxic Bitcoin ER
- 50:52coz I tried to make this a quote like four times but we turned it
- 50:55into meme form didn't get lucky studied Austrian economics.
- 50:58This is what I try to push all the time.
- 51:01Yes. This is what I try to push all
- 51:03the time on the show and the culture that I try to give you
- 51:05guys, tidbits of Austrian economics, and why we do what we
- 51:08do and why this is the Bitcoin daily culture, but we didn't get
- 51:11lucky. We studied Austrian economics,
- 51:13we felt the pain, we huddled through the pain, and we
- 51:16continue to double down. I don't get it through the bear
- 51:19market and this next one, this is a A picture that went around
- 51:23Twitter over the weekend. It's Kanye West wearing a
- 51:26Satoshi Nakamoto hat and people were saying it was fake but
- 51:29chefs out the dingdong says stack harder.
- 51:31And just to prove, I don't have it in here but take my word for
- 51:34it. I just saw another picture of
- 51:36him on Twitter from The Daily Mail this morning where he's
- 51:40continuing to wear the Satoshi Nakamoto hat.
- 51:42So again, the signal that hurt, hold on, I heard.
- 51:46So I heard that is photoshopped Opti.
- 51:48No, no, no. I just saw in another picture
- 51:51that is, on the Daily Mail of him in a different outfit,
- 51:54wearing the same hat. So it is a real pick.
- 51:57It is a real hat. I can try to get it up real
- 52:00quick if you want, but I just verified another picture.
- 52:03And it's not just a photo shop on Twitter, it was in The Daily
- 52:07Mail, it's another Paparazzi. So taking a picture of Kanye
- 52:11West's wearing Satoshi Nakamoto hat.
- 52:13So again, dude, we hit the nail on the head, bro, member Friday,
- 52:17show. I said it's just a matter of
- 52:18time. Know if banks closed their doors
- 52:22again, Guys, I'm not saying we agree with Kanye said it with
- 52:25Alex Jones said, right? In fact, we fundamentally
- 52:28disagree with 99% of it but It's dude, it's just a matter of
- 52:34incentives right here. You cancel, someone's money.
- 52:37You can't steal someone's ability to pay for things.
- 52:39Obviously, they're going to look for Alternatives, right?
- 52:41And I think that's what's Happening Here.
- 52:43People are going to start asking questions.
- 52:46Wow, look to verify daily mail.com another picture of
- 52:50Kanye with the Satoshi Nakamoto has boots and boots.
- 52:55Okay, guys. So, it's no longer just a
- 52:57Photoshop. You can't stop the signal.
- 53:00Bitcoin is slowly infesting. Filtrating the culture.
- 53:02And everyone is going to wake up to the sound money.
- 53:04Gospel. And here we are.
- 53:06We're in the front lines, guys. So beautiful, beautiful de CE
- 53:09and continue to see. Anyways, this next one, Nico did
- 53:12this tweet etherium run by Jeff Bezos and now literally
- 53:16controlled by the US government. I don't know if you guys are
- 53:18saying but 51% of all eith nodes are.
- 53:21Now ofat compliant and the majority of Youth blocks are
- 53:25ofac compliance. I think Nico was dunking on them
- 53:27a few months ago and now again, Life Is MeMe is life.
- 53:31The meme is people in boats, going over the waterfall and its
- 53:36ethos and we got a guy guys watch out for the waterfall and
- 53:39the waterfall is regulatory capture and we have one guy shut
- 53:43up. You toxic Maxi and we have
- 53:44another one. Here comes the merge.
- 53:46Yay. So excited the merge happens and
- 53:49someone goes over the cliff and goes this could happen to
- 53:51bitcoin to, you know, yeah, change my code not going to
- 53:54happen. Anyways, this last one is by
- 53:58meeting Bitcoin. And as you guys know, we're in
- 54:00the bear Market. We're probably in the depths of
- 54:03bear Market, my opinion. I think we're coming out of the
- 54:05bear Market but hey, only time will tell and we got a Lord of
- 54:08the Rings Meme and I forget what this guy's name is but he goes.
- 54:11It cannot be you fell and we got Gandalf in all white as Bitcoin
- 54:16coming back from the dead. Shout out to all the Bitcoin
- 54:18obituaries out there. Bitcoin stays living.
- 54:23It is beautiful Bitcoin stays winning.
- 54:26All right, so for my meme review score, I don't think I've given
- 54:30this yet. I'm running out of things to
- 54:32give I'm giving these my blue XLR cables.
- 54:37Actually my friend made these ones so you can't even buy these
- 54:41but that's my mean review score for today.
- 54:43Wow. Okay.
- 54:44So I'm going to do some ASMR a little bit.
- 54:47I'm going to give it, not only one empty bag of oyster
- 54:50crackers. I'm going to give it to and a
- 54:52little bit of SM are for you guys.
- 54:56Boom, boom, boom, boom, boom, boom.
- 54:57Anyways. Cedric, what would you give
- 54:59those means guys by the way, this is simply Bitcoin live.
- 55:02Put Your Meme score in the live chat and we will read it on the
- 55:07meme review. Yeah.
- 55:09Let Cedric what are you sure? Yeah, I'll give the gold or the
- 55:13Bitcoin metal to the eith one with the boats going over and as
- 55:18a consolation to them. How to 99 signs, you might be a
- 55:23Bitcoin maximalist. Oh, Interesting enters.
- 55:27I like it. I like Kristen Frida sbobet for
- 55:30they roam the coin for kiddos. Oh yeah, those got their
- 55:33awesome. They came on the show.
- 55:34Shout-out to you guys. Probably bring him on the show
- 55:37again. Not so that now that now that
- 55:39they wrote a second book anyways, Santiago González says,
- 55:44I give those memes Frodo's mithril chain Mill.
- 55:47Whoo, I like that, right? It's indestructible.
- 55:51I like it. Octaves opt easy.
- 55:55Neglected single gray hair here, embracing his her more.
- 56:00I have gray hairs in my, when you're great years Sprout,
- 56:06Savage. All right.
- 56:07Next one, bye. You deserve real money.
- 56:09I love that. I give those memes a freshly
- 56:12assembled Pine table, any rug? I give those memes my Gruden's
- 56:17fishing, my grunions, Grunion, tradition Moon boots, grunions
- 56:21and we got yellow yellow, yellow Gibbs, a new prophecy. 3rd of
- 56:27December. If you know, you know, God damn
- 56:32it, yellow. All right.
- 56:34Next one. Oh, not in our world tacos.
- 56:37I give the Niko's a shill in the pocket of big oyster crackers.
- 56:41Okay, yellow. You have to leave Z logic.
- 56:44I give those memes a gun Gandalf in balham or Smackdown.
- 56:49Oh, very nice. A lot of litter Rings memories
- 56:52pens with one. For the memes.
- 56:54I give Kanye a fished for the wind can memes for the win for
- 57:01the win. Alright guys, don't forget to
- 57:04join simply Bitcoins telegram group.
- 57:06That's how you can link us. Awesome memes to review.
- 57:08You got to go to www.ah.mil me / the simply Bitcoin Channel.
- 57:13Also check out www.subply.com news is the written version of
- 57:18this show. We have awesome writers.
- 57:20Shout out to Ruston Zach. Paul why?
- 57:23Nick? It's dropping the sauce.
- 57:25Definitely don't want to miss it.
- 57:26It's absolutely free. Doesn't take you any thing Opti.
- 57:29Do have a website or software release?
- 57:30Yeah, it's software. All right, let's take out the
- 57:33software release. Bitcoin.
- 57:36Software release. Beautiful.
- 57:40Okay so Nico hit me to this and I thought this was really cool.
- 57:44Oh wait, hold on I need to share it one second, one second, lost
- 57:46in the sauce. Awesome sauce.
- 57:49I have the wrong one. Share.
- 57:50Yeah, Anika. Okay.
- 57:52Alright, okay, I'll take that, I'll take that.
- 57:55Okay, guys. So shouts out to know, bullshit
- 58:00Bitcoin for covering this one. But we have onion shares
- 58:03version. 2.6 quick start screen, automatic censorship
- 58:06circumvention and better packaging, so I wasn't aware of
- 58:09this, but I really, Like this product.
- 58:10I'll probably have to download it.
- 58:12Onion shares, an open source tool that lets you securely and
- 58:14anonymously share files, host websites and chat with friends
- 58:17using the Tor Network. What are you doing over there?
- 58:19What are you laughing at? I just wanted to hear Niko's
- 58:22pronounce go, fuck you, bro. Yeah, it's time we don't know
- 58:26how to speak yet. We are we are thinking
- 58:29podcasters and fan journalist anyways share you know use
- 58:35onion. Sure to share open source tools
- 58:38to share secretly in anonymously.
- 58:39Ali over Tor Network so you can share files.
- 58:42Receive files chat anonymously, host a website.
- 58:45I think this is a really cool product.
- 58:47Here we got opt he's neglected gray hair say onion shares, do
- 58:51pay F. So we got the we got the
- 58:54verification from our friends over there, on the chat.
- 58:57Anyways guys, if you like what we're doing, we are on Apple
- 59:00podcast, we are on Spotify. We are on anchor and we do have
- 59:05our stuff on Fountain again, guys.
- 59:07I forgot to get the onion the fountain.
- 59:10Fountain, login Nico, sent it to me.
- 59:12I haven't logged in yet, but I will get the clips and I
- 59:14continue to clip us guys. I really love you guys, clipping
- 59:17all our stuff on Twitter and sharing that with everyone, man.
- 59:21It's a good Monday and you can let a good Monday.
- 59:23Start, it is started the week. Speaking of good Monday's, guys.
- 59:26Check out represent LTD.com opt. He's going to model he's wearing
- 59:30the decentralised LTD merge. The decentralized corpse.
- 59:33I'm wearing Niko's favor camo represent hoodie.
- 59:37I got three of these. They're stylish their Fee and he
- 59:40makes Bitcoin marriage. He's making simply Bitcoin merge
- 59:43soon. It's a Bitcoin company.
- 59:45After all guys, take advantage of the promo code in the video
- 59:49audio podcast, description to get a 10% discount on represent
- 59:53LTD.com. I also want to give a very
- 59:57special shout-out to our awesome guest is one of the best
- 59:59podcasts in the space. I'm a huge fan of it, Cedric.
- 1:00:03Why don't you tell everybody what the name of the podcast is?
- 1:00:06Where they could find it? And where they could find you on
- 1:00:08social media? Or I host the Bitcoin Matrix
- 1:00:11podcast, the Philip philosophical podcast about the
- 1:00:14economic cultural and social implications of Bitcoin.
- 1:00:18You can find us on Twitter at underscore Bitcoin Matrix or
- 1:00:21anywhere that you Dome your podcast.
- 1:00:23And on YouTube, definitely subscribe, share with your
- 1:00:25friends and family and check out the show.
- 1:00:27Really appreciate it. Awesome Bells.
- 1:00:29I had a blast, thank you for joining us.
- 1:00:31So much on simply Bitcoin Cedric, really appreciate it.
- 1:00:34Centers became quite a regular. He's we're going to invite them
- 1:00:37again. Looks like you guys like it.
- 1:00:39Guys, thank you so much for tuning in to another episode of
- 1:00:42Simply Bitcoin. If you enjoyed the show, you
- 1:00:43know what to do? Smash that like button if you
- 1:00:45really feel like the show gave you some value.
- 1:00:47Consider hitting that subscribe button.
- 1:00:49The but the number one thing you could do to help the Revolution
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- 1:00:55out there. We must orange pill as many
- 1:00:58people as possible guys. We love you all and we'll see
- 1:01:01you tomorrow for another episode of Simply Bitcoin.
- 1:01:19Which one's the best crypto asset.
- 1:01:21Well, Bitcoins, the best crypto last.
- 1:01:22Okay, what's the second best there is no second best.