Latest / Simply Bitcoin / Nigerians Are Paying a 60% Premium to Buy Bitcoin | EP 670
Transcript
- 0:09Yo, welcome to Simply Bitcoin live.
- 0:11The audio is going to be a little little iffy today.
- 0:13I finally made the move so bear with me.
- 0:17But anyways, we're number one source for the peaceful Bitcoin
- 0:20Revolution record, breaking news, culture matter Warfare we
- 0:22will be your guide through the separation of money and state
- 0:26and today we're going to give a Grilli.
- 0:28Good example going to dive deep into just that the separation of
- 0:33money and state, we're going to talk about a country that we've
- 0:35talked about many times on this show.
- 0:39And I believe that this country is a foreshadowing of what
- 0:44governments are going to try to do to coerce people, to use
- 0:48their Central Bank, digital currencies, and what the
- 0:51unintended consequences are of making it difficult to buy
- 0:56Bitcoin for the populace and how that actually increases Bitcoins
- 1:00premium and this only this. This hasn't just happened in in
- 1:06Nigeria. This has happened in other
- 1:07countries. As soon as that country makes
- 1:10Bitcoin illegal, you would think the price of Bitcoin would go
- 1:13down, but actually the price of Bitcoin goes up and that
- 1:18locality right in that specific location, right?
- 1:21And that is absolutely insane. So we've been covering Nigeria
- 1:25for quite a bit, a couple weeks now, we've been covering it for
- 1:28an entire year but really things that seem to have been
- 1:31developing for a couple weeks. So we have an update on you.
- 1:35We have an update for you guys on that and we're also going to
- 1:38talk a little bit. What about what about, what I
- 1:40mentioned earlier about this this phenomenon where for some
- 1:45reason, in the countries that are most hostile, the countries
- 1:48that need Bitcoin, the most, that the government has been the
- 1:51most aggressive on The exact opposite of what you think would
- 1:56happen, the price of Bitcoin would tank.
- 1:58It does the exact opposite the price of Bitcoin goes up like
- 2:01crazy. So we're going to talk about
- 2:03that and I really think that's the market telling you exactly
- 2:07how it values Bitcoin exactly how it thinks about Bitcoin.
- 2:10So anyways, before we start the show, I don't want to bring my
- 2:13awesome co-host up. How you doing Opti?
- 2:17I'm doing good, you caught me in 4k.
- 2:19I thought you were going to bring our guests in but that
- 2:21guides do Sorry, I already, I already got Nico to make sure
- 2:26his audio will get better. Hopefully, it'll come in by
- 2:29tomorrow. So we'll get that going for you
- 2:31guys. But yeah, man, it's something I,
- 2:35you know, to your point Nico, something I say all the time and
- 2:37I think I'm not the first one to say it, but when your government
- 2:40goes to ban Bitcoin, it just proved not only to me, but other
- 2:44bitcoiners that it's this is Market signals for you needing
- 2:48Bitcoin and it just shows how afraid they are of Bitcoin and
- 2:52the Importance of Bitcoin in the first place.
- 2:55And on that note in the culture, today, I found this awesome
- 2:58thread, this by orange pill, pharmacist and it goes to, this
- 3:03idea that we continuously talked about on the show about
- 3:06providing value and using a money that is free from coercion
- 3:09in how the state fundamentally runs on coercion.
- 3:12And and why is individuals you should be opting out of this and
- 3:15then taking back your life and your energy and your time and
- 3:18all that good stuff that we say every single day.
- 3:20So I'll get into that in the culture but think.
- 3:23Bring in our guest. Let's bring in our guests fellow
- 3:26pleb. How you doing, bro?
- 3:28Hello everyone. It's a pleasure in the corner to
- 3:31be here. Thank you very much.
- 3:33Hey Co-op, thanks for joining us.
- 3:35Cohen joined a yeah we're going to we're going to keep doing
- 3:38that. We're going to feature a lot of
- 3:40everyday bitcoiners. We're going to use simply
- 3:42Bitcoin live to do just that. Now, that we have simply Bitcoin
- 3:45IRL. So if you guys are interested in
- 3:48joining, simply Bitcoin joining us for a live show, sending us,
- 3:51send us a DM on Twitter and we'll try to work.
- 3:53You in anyways everybody. Let's start the live show.
- 3:55Let's do it. The Bitcoin members brought to
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- 4:25Alright everybody. I want to tell you about.
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- 4:47conference tickets. The speaker look, the speaker
- 4:49list is absolutely Bonkers. Definitely don't want to miss
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- 5:00Stacy, Herbert, and many, many more hope to see you guys there
- 5:04Opti. And I will be there as well.
- 5:07Anyways, at the time of recording, the Bitcoin price is
- 5:1020, 2965 SATs per dollar. 4354 block height, 775,000, 319
- 5:19reachable, Bitcoin nodes 14,500. 25 blocks of The Happening
- 5:2364,000 681 having estimate April, 24th 2024, Satellite
- 5:29network capacity, 5353 capacity value, 122 million dollars,
- 5:35realize monetary inflation Bitcoin continues to take Fiat
- 5:39currencies to Absolute School, 1.76 percent and the market
- 5:43capitalization of Bitcoin 442 billion dollars in the grand
- 5:47scheme of things. Bitcoin is still baby.
- 5:50Anyways, I want to play you guys this clip.
- 5:53Nice all over the weekend, that is absolutely hilarious.
- 5:58They're saying the quiet powder allowed.
- 6:00Let's check it out. If Bitcoin will become the
- 6:05ultimate type of form of the currency been adopted by human
- 6:08society. I can I can tell exactly what's
- 6:12going to happen as the worst scenario or the Masters in area.
- 6:16We're all gonna die. This is not a joke.
- 6:23It has to be a troll. No, he's dead serious.
- 6:26That's the crazy part. All right.
- 6:28So also check out this, I thought this was fascinating by
- 6:32coin beast and it says, most transformative Technologies.
- 6:35Take around 10 years to go from zero to zero to ten percent
- 6:39adoption and then it takes around the same time.
- 6:41Same amount of time to go from 10% to 90% adoption Bitcoin is
- 6:4513 years old and around 5 to 10 percent.
- 6:48Adoption are we about to witness the inflection point in
- 6:51Bitcoins? Curve and then it has all these
- 6:54other Technologies like the automobile mobile phones
- 6:57broadband, internet and then it has an arrow pointing at, you
- 7:01know, the very beginning, right? The you know, the beginning of
- 7:03Bitcoin 2008-2009 fast forward, right?
- 7:08So the next 10 years should be absolutely crazy and but it's
- 7:11not only just them saying that right?
- 7:13If you kind of connect the dots with with what has happened so
- 7:18far, it makes absolute sense. Right?
- 7:21You know, GG using Bitcoin as an alternative to Fiat currencies,
- 7:25put it on their Treasury. And then of course, you have
- 7:28nine bouquet lay, you know, moving the charge for
- 7:30nation-state adoption. But I also wanted to cover this
- 7:33thread which I think is fascinating.
- 7:35I want to get, you know, Opti and coin days input on this.
- 7:39It started by Luke Broyles and he's been dropping some awesome
- 7:43ones. But this one says, I truly
- 7:44believe Bitcoin will save a hundred human life. 100 million
- 7:48human lives in the 21st century alone.
- 7:50Why could Bitcoin reduced starvation?
- 7:52Prevent World War 3 hurt or help the environment.
- 7:55Let's dive into Bitcoins impact on the world and quantify it.
- 7:59Bitcoin is a technology technological tool.
- 8:02Like the printing, press fire, Telegraph silk, or the internet
- 8:06or the internet. All tools have a direct impact
- 8:09on human Prosperity. A tools wide adoption has
- 8:12incredible second or third order effects.
- 8:15We will explore Bitcoins, potential positive impact.
- 8:18First, it should be said that Bitcoin has already saved
- 8:21thousands of lives. Even though, even though total
- 8:23adoption is point one percent and we haven't haven't felt a
- 8:27single Global Order benefits. Yet Bitcoin is Saving Lives
- 8:30already and nobody could stop it second.
- 8:33Let's let us look at some of the world's most pressing problems
- 8:37that have Bitcoin that Bitcoin has a potential to alleviate.
- 8:41Let us start with the horde reality of the starvation of
- 8:44children over 3.1 million children every year. 1000 a day.
- 8:49Bitcoin is is a design to reorient the social incentives.
- 8:52Backwards towards productivity and away from unproductive and
- 8:56inefficient food, 70 17 to 40 percent.
- 8:59Of the world's food is wasted due to consumerism gluttony and
- 9:02inefficiency. What if a sound money standard
- 9:05improve the statistic by 3%, take lead poisoning 1 million
- 9:09people every year. 800 million IQ points are lost due to lead
- 9:13the presence of lead is a short term Horizon solution and
- 9:17Bitcoin could help us eradicate lead faster than we are today
- 9:21completely. Edible, how many how many
- 9:24currently ongoing Wars have higher death counts than the
- 9:28eight of in the last eight years of the Russian /?
- 9:31Ukraine conflict, 12 5.8 million people discrepancy for the 12 is
- 9:36large because we don't even have reliable data.
- 9:39Most conflicts are in developing nations easily, overlooked
- 9:42political political currency units, have an incentive to
- 9:45propagate forever Wars. For the Empire of said, currency
- 9:49to exert its Global influence. So may export inflation.
- 9:52To foreign countries. If we take an average of 700,000
- 9:56annual deaths, how many would be saved under Bitcoin, what about
- 10:01ongoing dictatorships? What about the hundred million
- 10:03murdered in the 20th century from communism?
- 10:06What about preventing violent revolutions?
- 10:08What about Bitcoin preventing hyperinflation?
- 10:10/ recession events of the future?
- 10:12Each of these deserve their own upcoming threads.
- 10:16I mean, like, and that's something about Bitcoin that I
- 10:18don't think we fully have grasped or fully understand.
- 10:22Right. How many things it affects
- 10:24separating money from State, whether that and also the food
- 10:28aspect. And then say 15 has hammered
- 10:30this point, this point to, right?
- 10:31It's like it's not a coincidence that since 1971, the quality of
- 10:37food has a fallen off the cliff, I don't think that's a
- 10:39coincidence, right? Anyways Opti, what are your
- 10:41thoughts on this bro? Well first off just the starting
- 10:45on that second thread that you that you touched on I think it's
- 10:49something we talked about here all the time on the show about
- 10:51Just how much Bitcoin will actually change our society and
- 10:55everything that we know to be the status quo like
- 10:58fundamentally, Everything Will Change.
- 11:01If you've read or heard about, you know, the Fiat standard by
- 11:05safe Dean and and him showing all of the Devolution.
- 11:11The denigration by the Fiat system and how much it's really
- 11:13Rob from us and how much technology it's taken from us
- 11:17because of the misallocation of capital, it really blows.
- 11:21It really? Is your mind of like, wow, our
- 11:23world in my opinion, I think we're living in the best time to
- 11:26be a human, but even saying that it also is, mind-blowing that
- 11:30our lives can be that much better if we weren't on the Fiat
- 11:33standard and you know, that really mind-blowing and pro, but
- 11:37also on the first thread that coin Beast red.
- 11:40I saw that this weekend as well and like just like I know we try
- 11:44not to speculate and we try not to do you guys with up with the
- 11:48Hopi. Mm, but when I saw that thread,
- 11:50it absolutely blew my My mind and, you know, I had to even go
- 11:53to, like, tradingview and I like zoomed out enough so that I can
- 11:57kind of get like the picture of what he was saying in that
- 11:59original, that was graphs of the adoption curves s-curve.
- 12:05Adoptions. And man, it just like blew my
- 12:08mind like it when I was going to say if, but when this plays out
- 12:11the suddenly part that we're moving into is going to
- 12:13absolutely be crazy and psychologically, speaking it's
- 12:17gonna be a lot harder to hold onto these coins like
- 12:20houghtaling isn't easy but Does get easier when you know why.
- 12:23So guys like you know mentally prepare yourself because if the
- 12:25price really does start moving in these crazy crazy exponential
- 12:30moves that we you know, that that an s-curve adoption curve
- 12:34shows us to be true in regards to adopting technology.
- 12:40It's going to be crazy. It's mind-blowing that we have a
- 12:42price metric to the adoption curve and it's like, man, just
- 12:47make it over the Finish Line with the with the saddest that
- 12:49you have under your control at this point.
- 12:51Because it's gonna get crazy, he's gonna get nuts, it's gonna
- 12:54get nuts. And I think the, the attacks
- 12:57from the nation-state are going to continue to escalate.
- 12:59It's gonna get wild that's for sure.
- 13:01This is a pivotal shift like think about how different life
- 13:04was before the internet existed, right.
- 13:07And like think about how different life is today and you
- 13:11know I think Bitcoin is going to be responsible for bigger change
- 13:15because It's changing money, right?
- 13:18Anyways, coined a, what are your thoughts, bro?
- 13:22Yeah, Bitcoin is really its equalizer.
- 13:26So it will be Lance's all, you know, Bitcoins and powers of
- 13:31people and it takes the power from the greedy corporations and
- 13:35governments. So it give it back to the
- 13:38people. I think I can see the future
- 13:43where we will win and They need to the government, the
- 13:50government needs to work with for Bitcoin, not, not against
- 13:56us, so we will see, but that, that's my take. 100% 100% bro.
- 14:05All right everybody, let's get to news.
- 14:07We got a lot to talk about. Let's check it out.
- 14:11The Daily News brought to you by block stream.
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- 14:41Get yourself a block stream, Jade today and take self custody
- 14:45of your Bitcoin. All right, everybody, let's talk
- 14:47about, let's talk about Nigeria. So, we've been following idea
- 14:53for quite a bit, right? And for anybody who doesn't
- 14:55know, I'll give you guys a little bit of the context,
- 14:57right? So, the Nigerian government
- 14:59rolled out a CBC Central Bank, digital currency, and that
- 15:06Central Bank. Digital currency has not been
- 15:07adopted by the Nigerian population and it seems like
- 15:11they have a 20 to 30 percent adoption rate of Bitcoin and
- 15:14chick coins. Right?
- 15:16So obviously this kind of sent the government into a panic and
- 15:19what they did And they recently just announced it, they made
- 15:24withdrawing cash illegal, right? Or it's going to be legal,
- 15:28they've already announced it and they're hoping that they're
- 15:30going to push more and more people into cbc's and we already
- 15:34know that they've previously had a very hostile stance towards
- 15:37Bitcoin. Now, what's really interesting
- 15:39though is still that's not working.
- 15:42And then this kind of goes back to our theory of the case that
- 15:45we've been screaming from the rooftops simply Bitcoin for a
- 15:47while. Now, which is incentives are
- 15:49stronger than coercion. The reality is that a CBC does
- 15:53not solve the inflation problem. It doesn't solve anything and
- 15:58you know, in Nigeria, you have double-digit inflation, right?
- 16:01So, what is it really there for? Well, it's really there.
- 16:04Because CBD seas are an attempt by governments in order to
- 16:09maintain their privilege of being able to create money for
- 16:12free. That they're populist else has
- 16:13to work for and then all the unintended consequences of being
- 16:17able to issue money at no cost, right?
- 16:20One of them being the the endless Wars, right?
- 16:23So this was an interesting article that came out by coin
- 16:26desk and this was it's called Nigeria's Bitcoin premiums May
- 16:30better reflect countries demand for the dollar.
- 16:32Not crypto now, fine. But what's really interesting
- 16:35though is that, every time a country has banned every time a
- 16:40country has banned Bitcoin, right?
- 16:43The premiums of Bitcoin in that country.
- 16:45Go up now If you think about it, right?
- 16:49If you think about, you know, prices basic supply and demand,
- 16:52right? Gives the, you know, the price
- 16:54of things, if it makes it illegal you would think okay.
- 16:58The demand of that would decrease well?
- 17:00Nope, think about how high the demand for Bitcoin would be if
- 17:06your country had double-digit inflation And that kind of makes
- 17:10sense why it has a premium right?
- 17:12Kind of makes sense. Now anyways goes on to say
- 17:16Nigeria is Nigeria's Bitcoin premiums?
- 17:19Where the cryptocurrency was listed on local trading
- 17:21platforms for 60 percent above market?
- 17:22Price has made headlines this week 60 percent.
- 17:26Although the news was celebrated by the Bitcoin community on
- 17:28social media, the inflated Bitcoin prices may not reflect a
- 17:32high demand for that asset but it continued demand for the US
- 17:35dollar as the country's local currency suffers.
- 17:38Now I I disagree because I've seen this happen a thousand
- 17:42times where the price the premium of Bitcoin actually
- 17:45increases in countries that have made it legal.
- 17:48Anyways, it all started when a number of media Outlets Drew
- 17:51attention to the high priest, which they can attributed to
- 17:55cash withdrawal limits placed by the Nigerian government on its
- 17:58citizens, as it worked on swapping old banknotes for new
- 18:01ones. But the ATM withdrawal limits
- 18:03were initially imposed on December 6 last year and the
- 18:06government has been easing, the limit sense.
- 18:08We're doubling down again, in January, if Bitcoin demand went
- 18:12up as a result of the cash Jam in the country.
- 18:14The premium should have spiked as the ATM limits were imposed
- 18:18in early December quote, but essentially what we were seeing
- 18:22was that it was just this constant premium and I think
- 18:25that's like I think that they're wrong in the sense that that's a
- 18:30show of the demand for the dollar and I think what that
- 18:34really signifies is a loss of confidence in state money.
- 18:38And now it's a one-way street, right?
- 18:41Because once someone adopts a Bitcoin standard, right once
- 18:45someone does that good luck? Like good?
- 18:50Good luck on the good luck for a government trying to convince
- 18:53them to go back, right? If you have a money that's
- 18:56deflationary increases and increases in purchasing power
- 18:59over time versus something that is deflationary in nature.
- 19:03Sorry inflationary nature, meaning a loses purchasing power
- 19:06of time and then on top of that, right?
- 19:08It's censorship resistant versus the state money, which is the
- 19:11state gets the pick and choose what you're entitled to do with
- 19:14your money or not. Right.
- 19:16What do you think? People are going to choose?
- 19:18It's just a matter of Education. Like it's just, it's just the
- 19:20world hasn't woken up to this alternative yet.
- 19:24But I think soon they will I think it's inevitable anyways,
- 19:28so the premium thing is really interesting.
- 19:32Here is the screenshot by documenting Bitcoin has
- 19:36screenshot of it on paxville 47,000 per Bitcoin.
- 19:41Order was the current brick on price right now, like 23,000.
- 19:43So that's, that's freaking crazy.
- 19:46And then, when I was reading this, when I was reading the
- 19:48premium thing, and then when I was reading the, when I was
- 19:53reading the, the lack of lack of interest of people adopting
- 20:01cvtc's, he's also the popularity of Bitcoin shit coins in the
- 20:08country. It just reminds me of this
- 20:11United Nations article, and it's called United Nations spells out
- 20:15actions, to curb, cryptocurrencies, and developing
- 20:17countries. Now, what's interesting about
- 20:20this article, right? As they talk about how big of a
- 20:23threat this is, you know, it's potentially going to jeopardize
- 20:28the monetary sovereignty of countries.
- 20:31My That it says specifically, if cryptocurrencies became a
- 20:35widespread means of payment and even replace them as currencies
- 20:38unofficially, this could jeopardize the monetary
- 20:41sovereignty of countries. Now what I would respond to that
- 20:44is, what about the sovereignty of individuals within those
- 20:47countries. What about that?
- 20:49What about? What if you don't want to deal
- 20:51with inflation? Now, their suggestion to this is
- 20:56a highlighted here, provide a safe, reliable public payment
- 21:01system. Adapted to the digital era.
- 21:03Now, obviously what they meet at our cvtc's.
- 21:08Now here's the thing though, cbc's don't solve inflation, so
- 21:14it can't be that the, the United Nations is so disconnected.
- 21:18From reality that they're just blind to this.
- 21:21I don't think that's the case. I think that they can
- 21:23acknowledge it same as the US Treasury when they, when they
- 21:27wrote the report the future of money in that report, the US
- 21:31Treasury never acknowledged. A potential money or currency
- 21:37that has a cap Supply because if they acknowledge it, they're
- 21:41saying that it can exist that it's possible.
- 21:44But I just find it hilarious that you just they just avoid
- 21:47it. Like the plague, it's like an
- 21:48ostrich. They just put their head in the
- 21:49ground. They pretend Bitcoin isn't
- 21:51there. And and this whole thing, it's
- 21:53like, they don't ask as to why people are seeking an
- 21:55alternative and I find that troubling to it's like, have you
- 21:58asked yourself why people are seeking alternative even Ray
- 22:01dalio when he, you know? When he's coming to this
- 22:04realization, like he's even saying it to.
- 22:07He's like governments are just printing too much money.
- 22:09And then he like, kind of does the this, like, you know, this
- 22:13like coping thing where he's like, yeah, the money has to be
- 22:16tied to like a commodity of goods and it's whatever.
- 22:18It's like, dude, the solution is already here, right?
- 22:22But what's that? Famous saying?
- 22:23Opti you were saying it on the Friday spaces.
- 22:26Rather people aren't incentivized.
- 22:27Understand something that their career depends on it, something
- 22:30like that. Anyways, so last thing I want to
- 22:34end on is this post by Anita Anita is spending a lot of time
- 22:38in Africa. I've seen her in some of Club,
- 22:41underground's, awesome content by the way.
- 22:44And let's check out what she had to say about the situation
- 22:49Nigeria. And guys, I think it's a for
- 22:51shadowing of what other countries specifically developed
- 22:56countries are going to do to try to D incentivize or at least
- 23:01slow down the The option of Bitcoin.
- 23:03I think that this is a very, I think this is a, this is a very
- 23:06obvious path of what it is. They're going to try to do and I
- 23:10also don't think it's coincidence that that basically
- 23:15the Nigerian government is Flowing the United Nations
- 23:19Playbook. Like, they literally rolling it,
- 23:22like exactly what it is. They recommend it recommended.
- 23:25I don't think that is a coincidence at all and just to
- 23:29say, one more, one last thing, right?
- 23:30At the top of it, their slogan is Prosperity for all.
- 23:33I would make the case that it's really prosperity for them as
- 23:36long as they have control, then it's prosperity for all anyway.
- 23:40So back to this thread. So Anita says, bitcoin price.
- 23:43Surge is during a war on cash in Nigeria.
- 23:46Yeah, the Nigerian government together with thank have been
- 23:48trying to push the adoption of the digital naira, which is the
- 23:51country's Central Bank. Digital currency as I learned
- 23:54during the Africa, African Bitcoin Africa, Bitcoin
- 23:58conference in Ghana in December 2020, 2022.
- 24:02The digital Nara has not been very well received by the
- 24:05population for different reasons, like privacy concerns
- 24:08mistrust in the government mostly because millions of
- 24:11people are unbanked and depend on cash.
- 24:13The actions, by the CBN in its cashless Society.
- 24:18Campaign are getting harsher after limiting, the amount of
- 24:21money that can be withdrawn at ATMs last year, existing bills
- 24:25are being replaced with new and lower denomination banknotes
- 24:28Nigerians. Had until January 24th to swap
- 24:31for the new notes. It's the long queues and
- 24:33complaints about insufficient time.
- 24:35Led to a deadline extension to February 10th.
- 24:38The impose measures are resulting in a catastrophic
- 24:41monetary crisis in Nigeria, good money, drives drives bad money
- 24:46out a single Bitcoin was selling for roughly Seventeen point.
- 24:49Five million Nigerian Iris around 38,000 out even higher by
- 24:53the way, which is about 40 percent higher than the global
- 24:56average Bitcoin of 23,000 low Bitcoin liquidity since Nigeria
- 25:00was the leader in Bitcoin. In Africa in 2022 and people are
- 25:04aware of the preciousness of Bitcoin.
- 25:06They are not selling them with the result that not enough
- 25:09Bitcoin are available on the local market.
- 25:11Now, I imagine this happening on a worldwide scale.
- 25:16As soon as people start to figure out how much of a scam,
- 25:18their currency is like I oh we'll see that again.
- 25:21Where it's like people are just not going to want to sell their
- 25:24Bitcoin for this paper money. Like I see that happening, I
- 25:28think it's an eventuality. I think this night was happening
- 25:31in. Nigeria is a is foreshadowing
- 25:34into the future of what is going to happen on a worldwide scale
- 25:37and I know it sounds absolutely ludicrous and absurd, but I
- 25:41really do believe that. Right?
- 25:43Anyways, It goes on to say, supposedly a run on bitcoin.
- 25:48Nigeria is not only the country with the highest crypto adoption
- 25:51in Africa. It has the highest Bitcoin
- 25:53adoption to as I was told by paxville CEO.
- 25:57Ray Paxil, the local currency has been losing value due to
- 26:00inflation. Bitcoin is valued higher because
- 26:02the local currency has been losing value.
- 26:03For many years is unreliable and difficult to use.
- 26:07Nigeria is on ranked 20, of the worst performing currencies
- 26:11gresham's law. What we can see is gresham's law
- 26:14in action, We're good money, drives out, drives drives, bad
- 26:18money out. In this case, the central bank
- 26:20is actively pushing people to adopt Bitcoin, by making it
- 26:23harder to live on cash with millions of people without i.d.
- 26:27a general, mistrust and Banks and a decade's long history of
- 26:30naira. The evaluation due to inflation.
- 26:32People are open to try new forms of money.
- 26:35So I think she summarized it perfectly like that and it's
- 26:40like what we've been saying. Like so so, so much.
- 26:42Right is if I live in a country with double-digit inflation,
- 26:49Decades of the government abusing their privilege of
- 26:52issuing money, therefore, causing more inflation.
- 26:55Also, the censorship fears also, the capital control fears.
- 27:00And if I have a money that doesn't suffer from all those
- 27:02issues, why would I go back? Why would I, why would I, why
- 27:07would I like? It doesn't make sense and I
- 27:10think this is the problem that they're going to have is that
- 27:13once people, you know, Andreas Antonopoulos as amazingly, sure
- 27:17right called, you know, get out of there.
- 27:18Golden cage of banking, right? Or get out of the golden cage.
- 27:21Once you're out of the golden cage, why would you go back?
- 27:25And the only way they have to try to make you go back is to
- 27:30coerce you to force you to do it.
- 27:33Right? And I think that it look it's
- 27:37not working. They're like why would it work?
- 27:40He doesn't, it doesn't make sense.
- 27:41And then it kind of like and then it makes you think ask
- 27:45another important question, right?
- 27:47Which is, why are we being forced with threats of violence,
- 27:53to use the money that steals from us?
- 27:56Why are we being forced to do that?
- 27:58That is absurd, right? It's like it's not only taxes,
- 28:02right? Which is a whole other Rabbit
- 28:05Hole. I don't want to get into, but
- 28:07it's also inflation that you have to put.
- 28:10So are they going to when when will they start admitting that?
- 28:13And I know they will. I know it's inevitable, right?
- 28:16When there's like, you know what, guys, you have to, you
- 28:18have to use the money that has inflation because you love your
- 28:21country and that's what it's about, right?
- 28:24And I think that's a really important.
- 28:26Orton conversation to have right like, why are we being forced to
- 28:29use a money that steals from us? And that's the question that I
- 28:32have for you guys, why are we being forced to use money that
- 28:34steals from us and all were asking for and all the people
- 28:38Nigeria asking for and look at the reaction of the government,
- 28:41by the way is like, hey, we just want to be able to save, what is
- 28:46wrong with you guys? Right?
- 28:48And, and I think that's a human, right?
- 28:50I think it's human, right to be able to save for you and your
- 28:53family's future. And what they're saying is,
- 28:56that's not possible. In fact, the ridiculing you
- 28:59remember, what? When Justin Trudeau was laughing
- 29:02and that lady in the crowd, laughed with them and said,
- 29:05Pierre pull Ivar, he recommended people.
- 29:07That ought to opt out of inflation with Bitcoin.
- 29:10Like ha-ha-hilarious is that, I don't think it's hilarious.
- 29:13I don't think people in Nigeria, think it's hilarious when
- 29:15they're trying to opt out of inflation.
- 29:19Anyways, I think that this is a, this is an issue that we must
- 29:23Force. We must get them to answer this.
- 29:25We must get them to acknowledge it because I don't think that
- 29:28they have a response to this. I, I just, I think it's an
- 29:32indefensible position on their part and I think that's why
- 29:36they've avoided it. That's why the treasury in that
- 29:38report avoided it. I think that's why the United
- 29:40Nations avoided it. I think that's why governments
- 29:43are not acknowledging. That money is possible, that
- 29:46doesn't steal from you. And I think that's what R doing,
- 29:49they can't acknowledge that because I think that once they
- 29:52let that out of the bag, it's really game over and then people
- 29:57think about it. They're going to start asking
- 29:58really, really simple but difficult questions for them to
- 30:02answer. Anyways, Opti, what are you?
- 30:04What are your thoughts, bro? Well, first off you know it's
- 30:08heartbreaking to see what's happening to the Nigerians
- 30:11currency, and it's something that we talk about here all the
- 30:14time, on the show of this is the inevitable end of all Fiat
- 30:17currencies, but Inspiring to see people waking up to the Fiat
- 30:21scam and holding Bitcoin and you know, you said it best and I
- 30:25said it all the time as well. It's like I don't think there's
- 30:27any going back to the Fiat standard.
- 30:29Once you wake up to what Bitcoin is and you go down the rabbit
- 30:32hole and it kind of reminds me of something that you said in
- 30:36the past where that really stuck with me is this idea of like the
- 30:41omission of Bitcoin is the signal and if your government
- 30:44forces you to use a state money and band Bitcoin, then to me,
- 30:48this is just Sigma. You know, that I need to own
- 30:50more Bitcoin and so, you know, shouts out to the Nigerians down
- 30:55down there that are that are the becoming the intolerant minority
- 30:58and holding Bitcoin. And you know, we've had, we've
- 31:01had a couple friends, come on the show and they have the same
- 31:05type of energy that would that we consistently hold on where
- 31:08it's like look there is no going back for us.
- 31:10There's no going back to Fiat. Stay issued currency.
- 31:14And this is this is the signal like people are waking up to the
- 31:18Fiat scam. And it's not just us super
- 31:21Savage bitcoiners. It's people with real problems
- 31:23finding real solutions and this is why the free market of
- 31:27Bitcoin will win is because you know your government can try to
- 31:30force any type of behavior on you.
- 31:32But people with a brain people with critical thinking are still
- 31:36going to find ways to ensure that they are surviving that
- 31:40they are holding value in something that doesn't Rob them.
- 31:43And so again it's just something we say all the time, you know,
- 31:45Banning Bitcoin is my cue that I need more Bitcoin and other all
- 31:49are waking up to the same idea. The individual will find a way
- 31:52and Bitcoin is that way. And it's only a matter of time
- 31:55until not only us on this show but everyone else wakes up to
- 31:58the idea that we just need to spread this message, far and
- 32:02wide. And people need to hold Bitcoin
- 32:04because it's a, it's a hedge against the basement and all
- 32:09Fiat currencies are getting debased and will continuously
- 32:12get debase because the powers that be aren't going to stop
- 32:15printing money. This is just where we are in the
- 32:17world so people need to hold Coin, and I think that's the
- 32:20signal. Give me the absolutely 100%.
- 32:25Coined. A, what are your thoughts on
- 32:26this, bro? What are you?
- 32:27Thoughts on the on the fight rather than I did there are War
- 32:30bro. How are ya?
- 32:31They're at War right now. Yeah.
- 32:33We are besieged by their own government.
- 32:36We are all in war. Not only in each area, we are
- 32:39all at War when people understand what fiat currency is
- 32:45and they will understand that has a failure rate of 100%.
- 32:53Because it's subject to inflation and hyperinflation
- 32:58over the time, so people should should buy an encore kyc Bitcoin
- 33:07because when the CBD sees arrives we may not be able to
- 33:11buy it. So people will need to know how
- 33:15to buy a peer-to-peer Bitcoin on base, core robots, or Peach.
- 33:24I don't know, I'm a little bit scared.
- 33:26What is coming in till until Bitcoin have adoption rate?
- 33:32But yeah, soon, people understand Bitcoin and they will
- 33:37never go back to Fiat. People will escape to bitcoin is
- 33:41inevitable. 100% people, people will not go back to bitcoin once
- 33:46you cross that bridge. Once you realize the power of
- 33:49self custody, once you realize how easy thing.
- 33:52Things are right. Try sending a wire try opening a
- 33:55bank account and then try downloading a Bitcoin wallet.
- 33:58Try sending a Bitcoin, transaction try send taking self
- 34:01custody and then you tell me what's easier, right?
- 34:03And then you tell me like why would why would you go back to
- 34:06the other and then what they're going to try to do in the next
- 34:105-10 years because it's going to be such a pivotal shift, right?
- 34:13They're going to try to convince everybody that you need them
- 34:17that the world will burn down without those intermediaries
- 34:21without those Central banks. My response to them is.
- 34:27Suck it, anyways. I don't know what else to say,
- 34:31bro. Let's get to the culture.
- 34:37The daily culture brought to you by Swan Bitcoin.com, Swan is the
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- 34:59Swan Bitcoin.com today. All right guys.
- 35:04This is culture 08 Nika. Yep, you know, go what we'll do
- 35:09then the mean reviews. Okay.
- 35:10All right, so guys on today's culture II saw this thread over
- 35:17the weekend and I didn't even know what Nico is going to do on
- 35:21the news and the numbers today. But it does have a very fitting
- 35:27fitting perspective, from what we talked about earlier to what
- 35:31we're talking about today in the culture.
- 35:33It's like what I wanted to talk about was, was basically the
- 35:36same idea that we had News today but more from a you know forest
- 35:40from the trees perspective of like you know, an ideology
- 35:44ideological view versus having a specific example of this
- 35:48happening and yet again sometimes Nico and I are just on
- 35:51the same wave and we're basically talking about the same
- 35:54things with just hitting it from every angle and I think that's
- 35:57what bitcoiners are consistently doing is we're just trying to
- 36:00explain this message in every way possible and hitting it from
- 36:03different angles. Sometimes we have rock-solid
- 36:05examples and sometimes becoming it.
- 36:07For more of a higher point of view and a higher, you know,
- 36:10more ideological view. But anyway, shouts out to orange
- 36:12pill, pharmacist because he dropped his thread and it just
- 36:16it puts things into a way that I obviously could never do because
- 36:20I can't put this into a thread but thank you for doing this
- 36:23orange pill, pharmacist or at Finney J.
- 36:25And so, I'm going to just cover his thread in.
- 36:27This is something Nico and I consistently talked about on the
- 36:29show and, you know, we do it in our own way.
- 36:32But we're doing this again. Reiterating what I say last
- 36:35week, the only things I Remembered are those that get
- 36:38repeated and what gets repeated gets remembered.
- 36:41So we're continuously beating this drum and just trying to
- 36:44show more people like what the scam is, and what the status quo
- 36:47Fiat Legacy system is and trying to expose that consistently.
- 36:51So let me get into the strad on finding Jacobs.
- 36:53There are two ways for a man to make a living, he can steal or
- 36:57he can produce the people in the state are two very different
- 37:00types of men playing two very different types of game and
- 37:03rothbard said it best. There are two and only two ways
- 37:06that any economy. We can be organized.
- 37:08One is by freedom and voluntary Choice, the way of the market
- 37:12the way of the free market. The other is by force and
- 37:14dictation the way of the state Murray.
- 37:17Rothbard one is playing an infinite sum game that benefits
- 37:21each player as New Market. Efficiencies are Discovery.
- 37:23The discovery will typically become Capital wealthy or the
- 37:27Discover will typically become Capital wealthy while the market
- 37:30becomes either more resource product or service abundant.
- 37:33And this is the game of the people.
- 37:36Capitalism bread is line. Waiting for people collectivism,
- 37:39people line up waiting for bread.
- 37:41Anyways, the others playing a zero-sum game, that hurts all
- 37:44the players and only benefits themselves.
- 37:46There are only so many goods and services that can be siphoned
- 37:48from a host before the entire civilization is starved and lost
- 37:52to history. This is the parasitic game of
- 37:54the state. What do we say all?
- 37:56The time, the monetary demons, a high-level parasites.
- 37:58If you aren't having fun playing a game or your lives.
- 38:01Productive capacity is harvested by the demons in the federal
- 38:05model for you. There now exists an option.
- 38:07To peacefully opt out of this rig game and that is Bitcoin.
- 38:10The future will become will be resource good and service
- 38:13abundant, for all this is something we say consistently
- 38:16why are we being forced to use a money designed to steal from us?
- 38:19Why is the status quo? Pure coercion, you have to use
- 38:23this money or you end up in jail.
- 38:25You have to use this money or men with guns will take more
- 38:28from you and this is why Bitcoin was created in the first place
- 38:32to level the playing field. So that there isn't a small
- 38:36cartel people out. Are that have the power to
- 38:39siphon off your hard work? Siphon off your labor and
- 38:43literally steal from you and your family.
- 38:44And as we kind of covered in the beginning, like, steal from the
- 38:47future, steal from the, the humans that aren't even born
- 38:51yet. That don't even have a choice of
- 38:52this. Like, this is the status quo and
- 38:54this is why it's bitcoiners. We continuously beat the drum
- 38:58that Bitcoin is the most Fair system.
- 39:00It's the best money in the world because it's literally designed
- 39:03to not steal from you. I don't know about you, but I
- 39:06think building on On a solid foundation, like Bitcoin is a
- 39:09lot better than the status quo of us, which is the Fiat system
- 39:14and Chase out the Bitcoin poems because they tagged Us in this
- 39:17morning and I wasn't even going to add this to what I was going
- 39:19to say today but it really hit home again.
- 39:22So I'm going to read this little poem and it's called Distortion
- 39:27problems and solutions, modern monetary Theory, claims that
- 39:31money must be managed or controlled.
- 39:33Actively setting a price and supply of money.
- 39:35Artificially lower high in Straight lead to a loss of
- 39:39signal which leads to misallocation of capital which
- 39:42leads to market, bubbles and collapse.
- 39:44Therefore let's use a money that can never be distorted in either
- 39:48price or Supply by any group at all.
- 39:50This will be a money that gives true signals about Capital,
- 39:52allocation to needed Project based on free market principles
- 39:55and work. And what money can't be
- 39:57distorted. It is Bitcoin.
- 40:00Shouts out to bitcoin poems for that little poem because I think
- 40:02this is something we say consistently on this show and
- 40:05it's something that we will continue.
- 40:07Tenuously say on the show, asking a simple question.
- 40:10Why are we being forced to use a money that's designed from to
- 40:13steal from us? When there's a better system?
- 40:15It's called Bitcoin. It's been created, it's out
- 40:18there in the open. It's free and open-source it.
- 40:20Permissionless? Anyone can join it.
- 40:22Anyone can opt out of the Fiat system and opt into this
- 40:26voluntary Network, which is Bitcoin, that doesn't steal from
- 40:30you. And I fundamentally believe that
- 40:32anyone with a brain still anyone that can accurately look at the
- 40:36world without destroying Ocean will come to the same conclusion
- 40:39is us that? Yes, if I want to store value
- 40:42going into the future, I shouldn't do this on a Fiat
- 40:44system, I shouldn't do this, you know, on a gold standard because
- 40:48like, gold is the reason why we have the Fiat system in the
- 40:51first place and in this digital world, I am, I consider myself
- 40:56digitally native Nico as well. You know, a lot of us are
- 40:58millennials. We basically grew up in a
- 41:00digital world, it just makes perfect sense to me that we
- 41:04would be building on the The money that is Bitcoin designed
- 41:09for a digital world. One that is decentralised one
- 41:13that has a 21 million, hard cap, censorship resistant, all these
- 41:16features that we want to ensure that these tyrannical.
- 41:21Dystopian government stopped stealing from us, this is simply
- 41:24all bitcoiners want to stop stealing from me and my family
- 41:27and my future future progeny. I have a money that is designed
- 41:31to stop this right now and today and we are seeing more people
- 41:35adopt this in real time and So it's a fundamental choice, you
- 41:39want to voluntary world where you can opt in a free will that
- 41:43is designed for you and the future of your your family and
- 41:48Society to prosper. Or one that is designed to steal
- 41:51from you slowly. But surely by the parasite class
- 41:54that is the unproductive political Central Banker class
- 41:57out there. And this is why they're freaking
- 41:59out and this is why as bitcoiners I continuously.
- 42:02Tell you guys, we are winning and the internet is helping us
- 42:04win because we have an internet native money.
- 42:07And it's hard cap that 21 million times to resist.
- 42:10And all you have to do is take Bitcoin into self custody and
- 42:13tell more people to do the same thing.
- 42:15Tell more people about the qualities of Bitcoin and why it
- 42:18is a better way to build moving forward and this is all we're
- 42:21here to do guys, just ensure that more people understand what
- 42:25the game is and also what the solution is which is Bitcoin and
- 42:29taking Bitcoin into self custody.
- 42:31Anyways, Nico, what's your thoughts on this?
- 42:33Yeah, the dude it kind of ties in with what we were talking
- 42:36about. About during the News segment,
- 42:39right? Which is why are we being forced
- 42:44to use the money that steals from us?
- 42:46Like you just like a very easy question.
- 42:48And I think, you know, I think bitcoiners come to the same
- 42:53realization over time, but they approach it from different
- 42:56angles and I think that poem was a great example of that, but it
- 43:01just represents, right? This very simple idea that we
- 43:05have to get Into the mainstream Consciousness.
- 43:09The average the average everyday person has to grasp this
- 43:13concept, right? Which is why are we being forced
- 43:17to use money at steals from us? And what are all the unintended
- 43:20consequences of using that type of Fiat system, right?
- 43:24And those are very important questions that need to be asked.
- 43:27They need to be answered and I don't think they have good
- 43:30answers to them, to be honest. I don't think they have answers
- 43:33that the majority of the mainstream populace is going to
- 43:36be okay. With I That if you gave the
- 43:39average person, a choice between money that is deflationary
- 43:43versus money. That is inflationary, Romani,
- 43:46that is censorship resistant versus money that is censored.
- 43:49I think, the average everyday person is going to make.
- 43:52It's a very easy Choice, man. I just don't think it's a
- 43:55difficult one. And I think people that are
- 43:59living in the global South, they don't have the financial
- 44:01privilege that we do have, right?
- 44:03It's specifically if you did lie live in the developed world has
- 44:06a The Tivoli stable fiat currency for you.
- 44:09Bitcoin is a very easy sell and I think Nigeria's Nigeria's
- 44:13adoption of Bitcoin is a perfect representation of just that and
- 44:18the government is more concerned about coercing people to use
- 44:22their money, then the well-being of their people.
- 44:26And I think that that story is going to repeat over and over
- 44:29again and Bitcoin, exposes everyone's incentives.
- 44:34And this is no different. Anyways, coin joined a what are
- 44:36your thoughts before we move on to the memes?
- 44:39Yeah, like I said before, Bitcoin balances all is a
- 44:43equalizer so we need to take responsibility and take Bitcoin
- 44:49and self custody. So I'm a big fan of some wallets
- 44:56like blue wallet or relay in Europe but we need to take self
- 45:02custody is Very important, otherwise is not possible to win
- 45:06this fight. So that's my take 100%.
- 45:11That's that's the signal right there, right?
- 45:12It's take your Bitcoin into self because it's not really yours
- 45:15unless you take into. So custody anyways, before we go
- 45:19on to the meme review, I want to play you guys this clip.
- 45:23Remember, I told you that they don't have a response, right?
- 45:26Check out this one. If Bitcoin will become the
- 45:32ultimate type of form of the currency been adopted by human
- 45:36society. I can I can tell exactly what's
- 45:39going to happen as the worst scenario or the Masters in area.
- 45:43We're all going to die. This is not a joke.
- 45:49They don't have a response, bro. They don't have a response.
- 45:52I'm telling you, I'm telling you.
- 45:53Like if we force this issue, they don't have response.
- 45:56Anyways everybody, let's get to the memory.
- 45:57Let's do it. The daily meme review brought to
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- 46:49tickets. Also check out on confiscated
- 46:52bubble in Las Vegas. Nevada opting are going to be
- 46:55there. It's also a poker tournament as
- 46:57well speaker list. It's tone base, Jimmy song, Jack
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- 47:03You could also use the promo code simply 10 to get a big
- 47:06discount to unconscious cable. You definitely don't want to
- 47:10miss this. All right guys, you already
- 47:12know. This is the mean review and I
- 47:15brought this video up, shouts out to bitcoin Morpheus.
- 47:19Yeah, hold on, I know Nica's telling me right now behind the
- 47:21scenes, pull up the memes, I wanted to give this some
- 47:23contacts because you kind of you just you just hit us again with
- 47:27the that little video. So about they don't have an
- 47:29answer to this and it's also this little video, this is a
- 47:33Stacy Herbert and Max from from their podcast and it just shows
- 47:38the power of the memes and and it's kind of a perfect button
- 47:42pin to what Niko just said that they have no answer to you guys
- 47:46out there creating these memes. So this this today's meeting
- 47:49review is going to be a little different.
- 47:50Of course. This is a mean review, guys, we
- 47:52say it all the time, tweet to the bullets, means your the
- 47:54artillery. Drop your mean review score in
- 47:56the chat. But before I do all that, I do
- 47:58have normal memes, like, always, but I really wanted to play this
- 48:01video in the meme culture or in the meme section today, so that
- 48:05we can just kind of get some contacts on everything we're
- 48:07doing here. So, one second, let me get this
- 48:09up here for you guys. Hopefully this plays.
- 48:13Let me see. All right, here we go.
- 48:15No one second. Zoe's and force an equal and
- 48:20opposite force on almost everything.
- 48:23Good and bad, you know, evil and lightness, you know, there's
- 48:29there's always a nature seems to just like there is like this
- 48:33design to it, that it always magically comes up with the
- 48:36opposite. So humans are obviously creating
- 48:39bots that can kill us. We see all those Boston Dynamics
- 48:42dogs. We see that.
- 48:43We see the AI coming. We see these like, Buddy keeps
- 48:47on doing that chatbot thing, whatever.
- 48:50I don't even read any of them because I know there's something
- 48:53evil there and I don't want to, I don't want to get, I don't
- 48:55want to engage, I don't want the that bot, reading my mind and I
- 48:58don't want it to engage with it. So when but I know memes are
- 49:04powerful and I know that it feels like it's a Force for
- 49:08good. And we need a Force for good
- 49:10against the, the forces of evil that include the Bots, that
- 49:13include the AI that include the CBD sees that The seat their
- 49:17surveillance State and we need Weaponry against it and the
- 49:22Weaponry against, it has to be asymmetric and it's hard to pin
- 49:28down a meme because the memes like are very anti fragile.
- 49:32So they could like Escape into another mean, like the okay, we
- 49:37move the laser eyes from that will put on like dildo eyes
- 49:41instead like if they could just re-emerge.
- 49:45Alright guys, so Again, I know, I know today's meme section is a
- 49:50little different, but I saw that and I just thought it was like,
- 49:54man. I don't think we could have put
- 49:55a better context there. It's something we say
- 49:57consistently, you know, we say it all the time, tweet to the
- 50:00bullets memes of the artillery. We are in an information
- 50:02Warfare. And the what we have on our side
- 50:05is truth and I think it's very important for everyone to put
- 50:09their hat in the ring. It doesn't matter what, what,
- 50:12what context it is, you know, whether its humor, whether it is
- 50:17Calls to action, whether it is truth based.
- 50:20I think the fact, if we can continue to push the Bitcoin,
- 50:23message through memes as we say, you know, put truth in art form
- 50:27and let it propagate itself. Our message will continuously
- 50:30get spread. I know a lot of people out there
- 50:32have very short attention span. So you put them in a meme and
- 50:35then you get the message out there.
- 50:36And then you start bigger conversations with your friends
- 50:38and family. And you're just dropping memes
- 50:40and group chats. And you're only speaking in
- 50:42memes like me to everyone else that I talk to you.
- 50:45Anyway, shout out the Maxis. Of this first name back to our
- 50:48normal schedule. During programming goes to 96,
- 50:51lie and includes it, goes your Bitcoin.
- 50:54And another quote to goes, our saw Foo is not an exchange lie,
- 50:58it is to lies because it is not your Bitcoin and is not solid
- 51:02food on an exchange. Take your Bitcoin into South
- 51:05custody. This next one.
- 51:06Shout out to my boy, hobble tarantula.
- 51:08I know all you guys out there are hoping for the Bitcoin price
- 51:10to pump so you can get girlfriends.
- 51:11But anyways, this meme is guys. If you ever feel some sort of
- 51:15way and some laughing, Jeez any guys, there is 3.9 billion women
- 51:20in the world. There's only ever going to be 21
- 51:22million Bitcoins. You can get a girlfriend later
- 51:25szostak SATs right now because girlfriends are expensive.
- 51:28Anyways, there's next week. There's nice meme.
- 51:32It's by tabernac Dan. And I know you guys have been
- 51:35seeing this all on Twitter, the last week or so.
- 51:38And actually, the last couple of months and we got the, the, the
- 51:43meme of the unhappy guy. Looking at a cliff.
- 51:47And we have the Bitcoins are looking at a bright orange
- 51:49future and on the left side with the shit, Corner goes, crypto is
- 51:52dying shit. Cornered sad, looking at the
- 51:55cliff and wondering why crypto is dying and then we got the
- 51:59happy Bitcoin Ur saying the same thing cryptos dying and that's
- 52:04your signal okay this next one shouts out to 21 JC LP and he
- 52:08goes Bitcoin is the way and this is back to the message that we
- 52:11continuously tell you everyone on the show Bitcoin is the way
- 52:14Bitcoin is Delight. Bitcoin is the truth.
- 52:17Thus once you go down the Bitcoin Rabbit, Hole your whole
- 52:19life changes and you start to understand that you need to
- 52:22stack more SATs, you need to provide more value.
- 52:24And Bitcoin is the way and we got this dark dark freeway with
- 52:29this Cowboy looking like Texas, slim over here, following the
- 52:33light and Bitcoin being the Moon Moon.
- 52:36Soon, this next one. I thought this one was just
- 52:38funny, shuts out the Greg zaj and you guys, I should Orange
- 52:41Peel some Hillbillies. Yes, you should because they get
- 52:45it. They already met.
- 52:47I don't I don't I don't stand for that.
- 52:49That's that's all Opti. Already self-sufficient, we
- 52:55should orange pill all people. Okay, doesn't matter.
- 52:57Doesn't matter who they are, what they look like, leaving
- 53:03your friends to the Bitcoin message and understanding who
- 53:07your audience is. I think, I think they'd be,
- 53:10they'd be very open to bitcoin but hey, this is just me.
- 53:12Anyways, Drop Your Meme review score chat.
- 53:16Beam review score in the chat and we will cover it.
- 53:19All right guys, this is going to be at this might be a world
- 53:22exclusive on simply Bitcoin for my mean review score.
- 53:25I have this 10 pack of plastic hangers that I went to Walmart.
- 53:31I need some more hangers and I haven't I haven't opened them up
- 53:34yet. So 10-pack of hangers they're
- 53:37nice. This name Will kale a
- 53:42peer-to-peer electronic cash. How'd you get that?
- 53:48Where'd you get the little plastic thing for it?
- 53:49Look at you Bitcoin bag. They were selling them years.
- 53:54You just came in a plastic. Mine didn't.
- 53:56Well, shout out to Mark. He gave it to me personally.
- 53:59So, oh, no, I bought it. I bought it.
- 54:02Anyways. Coin joined, a, what would you
- 54:04give those memes? And my score is op TSM
- 54:09ex-girlfriend, and all the Fiat woman's getting jail time.
- 54:15For anyone who is new Opposites girl from the head of the
- 54:18European Central Bank. Big news faked, a convicted
- 54:21felon. That's not me saying that that's
- 54:23the truth Christine Lagarde. Anyways, everybody I before we
- 54:28get we start reading some of the before we start reading some of
- 54:33the of the mean scores, I want to tell you guys about our
- 54:35awesome sponsor. Represent LTD.com Opti and I
- 54:39wear the merch every single day. I'm wearing the simply Bitcoin
- 54:42camo hoodies already sold out in most sizes, by the way Opti.
- 54:46Wearing the, the Bitcoin merch that he makes only on represent
- 54:50LTD.com, you can use the promo code simply Dash Bitcoin.
- 54:53Get 10% off anything. On this court, get the simply
- 54:56Bitcoin merch. While supplies last.
- 54:58Anyways, let's get a start checking out.
- 55:01Some of these scores first one by Elaine.
- 55:04I give the memes and new slogan. If Bitcoin takes over, we're all
- 55:07going to live. I love large, I love that.
- 55:11Wow. Wow, I love that.
- 55:13That that's a very strong response.
- 55:15I love that we're all Bitcoins. Bitcoin is life.
- 55:18Yeah. Absolutely.
- 55:20The p, man. Van.
- 55:21I give the memes courage to our Nigerian Brothers, to keep up
- 55:25the good fight. The good fight, Fiat can suck
- 55:27it. Oh man.
- 55:31See HBU Coupe. I give the memes a ticket to
- 55:34Splash Town USA. Let's go pooed in the cereal.
- 55:41I give the memes my last three cheese Doodles.
- 55:44Very, I'm wondering is Putin. The serial nyla's field?
- 55:47I don't know. He seems like it.
- 55:50He seemed like it. I have my suspicions next way
- 55:54that wasn't one. Hold on, hold on.
- 55:56I right. Auntie, what's going on here?
- 56:00That house is on fire. I'm just go around.
- 56:02Rave elevator, I give the memes one made in China, spy satellite
- 56:06Bitcoin, Becca. I give the memes a Maxis club
- 56:09barbecue. Very, very nice.
- 56:12Haru coin, I give the memes, my bouquet, Les Bitcoin, Bill
- 56:16coming in the mail. All right.
- 56:19And I think we are running out of time.
- 56:27Buzzer rope rating, the memes opt he's lost, rooster of
- 56:32girlfriend, lost roster roster of girls bread.
- 56:34Oh God, bread guys. Check out Simply Bitcoins
- 56:38telegram group, it's absolutely free.
- 56:39You got to go to www.ah.mil /, simply Bitcoin TV and also check
- 56:43out Simply Bitcoin unfiltered you gotta go to
- 56:45www.simpleandsensational.com use.
- 56:48It's absolutely free. It's a written version of this
- 56:50show. I've so many awesome writers, I
- 56:53can't name them all, but you guys I know who you are and we
- 56:55love you. Anyways everybody, we got a pub
- 56:57site by coin de. Let's check it out.
- 57:04All right, Opti, I know. I got it here.
- 57:06I got the wrong one. But anyways, here we go.
- 57:11All right, so I'm going to just give the domain but we got corn
- 57:15joined a here so he can cover it himself.
- 57:17He's the man behind this website, but hope BTC.com.
- 57:21I repeat, hope BTC.com. And I like, I like your tag
- 57:26here. Just another Freedom website.
- 57:27So I've coined a, what's the, what's the goal behind this?
- 57:31And I'll scroll through some of the stuff here so that people
- 57:34can see what's going on. Yeah, this website is really
- 57:38new. I have done it last week.
- 57:41So but the intent of this website is to show to the
- 57:47playoffs or to the new newcomers that we are at War and we have
- 57:56some tools to fight. So we we have the slavery,
- 58:02tools, CBD, seas and all the stuff.
- 58:06What's happening, 1971 and all that.
- 58:10And we We have the counter-attack, the freedom
- 58:14tools, so is Bitcoin or slavery and on the side of the freedom.
- 58:23Yes we have an austere. We have Bitcoin as well and I'm
- 58:29trying to explain to the people they showed by non KOA see and
- 58:34read some books. We hold on a second.
- 58:38After could you go back to could you go back to the Front page.
- 58:45I want I want. I was like, oops.
- 58:55I think I'm here. Okay, can you scroll down?
- 59:01So is that is that Bitcoin? Jesus on the right and then a
- 59:04Damon and Klaus Schwab and yeah this guy in the world?
- 59:10Yes yes yes, fuck yes. All right all right off the I
- 59:14just wanted to check that out. Oh Jesus.
- 59:24Okay all right. Well yeah again gonna hope BTC
- 59:28dogs. I joined.
- 59:31Oh God. All right, it's true.
- 59:38Oh man. Okay guys, check out Simply
- 59:42Bitcoins, the audio version of the show, you can check us out
- 59:46on anchor. Spotify app, Apple Fountain.
- 59:50It's the audio only version. We're big fans of the value for
- 59:53Value economy. So check out Fountain, you could
- 59:56find this there. In fact, all your Podcasting
- 59:59platform. We are most likely on there,
- 1:00:03guys. We love you all.
- 1:00:03Thank you for joining us. Another episode of Simply
- 1:00:05Bitcoin live. Sorry, for the audio not being
- 1:00:09up to par like it's usually is I moved last moved on Friday and
- 1:00:15Saturday. We're just got my office set up
- 1:00:18and we'll all, I'll treat it for audio in the coming days so it
- 1:00:22should. It should be back to normal
- 1:00:24anyways, we love you all. If you like to show you what to
- 1:00:26do, smash that like button, consider subscribing.
- 1:00:28Scribing if you feel like we provided you value, but the
- 1:00:30number one thing you could do to help this show, in fact, help
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- 1:00:40continues until 2:00 p.m. Eastern Standard time.
- 1:00:44We are hosting a space with our friends.
- 1:00:46Over at Swan Bitcoin best place to stack SATs built by
- 1:00:50bitcoiners for bitcoiners. They also incentivize self
- 1:00:54custody. So check out Swan Bitcoin.com
- 1:00:56today we love you all. We'll see you tomorrow for brand
- 1:00:59new episode of Simply Bitcoin live,