Latest / Simply Bitcoin / Blackrock Silently Preps For Dollar Crisis With Bitcoin | EP 1080

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Blackrock Silently Preps For Dollar Crisis With Bitcoin | EP 1080 · Simply Bitcoin

• 0:00
  None. It's a crash.
• 0:20
  I'm expecting a massive crash and I'm expecting a really,
• 0:23
  really bad crash. But it's a much different crash
• 0:26
  than most people expect. You see a crash if you think
• 0:29
  about a crash, What's everybody afraid of a recession, a market
• 0:32
  crash. What does that mean?
• 0:34
  Well, if things crash, let's say what most people think.
• 0:37
  My, my retirement portfolio drops my real estate, my home
• 0:39
  drops, my I lose my job, I get a lower paying job, my business
• 0:43
  doesn't do as well. I don't make as much money that
• 0:45
  that's what most people think of.
• 0:47
  But what does that mean? What all that means is that the
• 0:50
  quality of my life would go down.
• 0:52
  The standard of my living goes down.
• 0:53
  I don't have as much money, so I have to now eat hamburger meat
• 0:57
  instead of steak. So really what they're saying is
• 0:59
  a crash means my standard of living goes down.
• 1:03
  But you see, prices don't have to drop for that to happen.
• 1:07
  Prices could go up so fast that my pay doesn't keep up and my
• 1:11
  standard of living also goes down.
• 1:13
  So it's a reverse crash. And while everybody's expecting
• 1:16
  a deflationary crash, I'm expecting an inflationary crash.
• 1:20
  Now the results are the same. We both have a standard of
• 1:22
  living that's been reduced. However, I think a reverse crash
• 1:25
  and inflationary crash is actually much worse.
• 1:27
  And the reason why it's much worse is because on a
• 1:29
  deflationary crash, at least the markets reset and people get a
• 1:34
  chance to get back in, right? My kids could eventually buy a
• 1:37
  house. But in an inflationary crash,
• 1:40
  you never get another chance. It's just too late.
• 1:43
  And so I think that's where we're going now.
• 1:47
  Will there be crashes? I mean, what is your definition
• 1:49
  of that? Of course there's going to be
• 1:51
  massive volatility along the way, but I don't expect any long
• 1:55
  sustained depression. You know, maybe we see some sort
• 1:58
  of flash crashes sort of like we saw in 2020 that probably last
• 2:01
  half the time, something like that.
• 2:03
  Not tradable events because it's going to be volatile along the
• 2:06
  way. I mean, if you look at the chart
• 2:07
  of the Weimar inflation, hyperinflation and you've I'm
• 2:10
  sure you've seen it right with the red lines overlaid, the
• 2:12
  volatility was insane. And so we'll have that, but I'm
• 2:16
  expecting the crash up. Good morning everybody.
• 2:19
  Welcome to Simply Bitcoin. I'm your host, Optimus Fields,
• 2:23
  and we got a great show for you guys today.
• 2:25
  But first, before I go in, shouts out to Mark Moss.
• 2:28
  I think that clip and of course Natalie Burnell as well.
• 2:31
  I think I think that clip is highlighting a lot of stuff that
• 2:33
  as big corners have been talking about on online and in person
• 2:37
  for a long time. It's this idea, as Lynn Alden
• 2:40
  was saying, that nothing stops this Fiat train.
• 2:43
  The the powers that be, the Federal Reserve, the federal
• 2:46
  government, the central banks of the world, they are in a rock
• 2:50
  and a hard place. And there's only a few solutions
• 2:53
  to this problem. But we all know there's only one
• 2:55
  solution to that problem. And it is they're going to
• 2:58
  continue to expand the money supply.
• 3:00
  They're going to continue to print money.
• 3:02
  And what that means for everyone else is we may be on the
• 3:07
  precipice of another crisis. Do we know when it's going to
• 3:10
  happen? No idea, but we know it is 11th
• 3:13
  grade math. It it is a mathematical
• 3:15
  certainty. That is a certain point.
• 3:17
  Things are going to break. And it's because they're
• 3:20
  printing so much money. They have to keep injecting more
• 3:23
  liquidity into the system, into the economy by printing and
• 3:27
  expanding the money supply. And at some point, things are
• 3:30
  going to break. So I really like this take from
• 3:33
  Mark Moss in what this next financial crisis might be.
• 3:37
  It's not a. Deflationary one, it might be a
• 3:39
  hyperinflationary 1, and that means everything in the world is
• 3:42
  going to get more expensive and maybe in our lifetimes we're
• 3:47
  going to be walking around with with wheelbarrows of cash to buy
• 3:50
  our groceries, which is not a future I want to be a part of.
• 3:54
  Hence why I'm a bitcoiner and I do everything I can to get as
• 3:57
  many people into Bitcoin as possible so that we can all
• 4:01
  protect ourselves individually. This is the goal, but.
• 4:04
  As you can tell, things are getting crazy.
• 4:07
  Bitcoin is maturing. It's getting all around in the
• 4:10
  news cycle. It's become a political topic.
• 4:13
  It's on corporate press every single day.
• 4:16
  You're starting to see that Bitcoin is entering the
• 4:18
  mainstream consciousness and more and more people are, at the
• 4:22
  very least, starting to wake up to the idea that Bitcoin may not
• 4:26
  just be Internet funny money, and it may be something that
• 4:30
  they want to get a part of. They may want to get some stats
• 4:33
  because it might be. Catching on.
• 4:35
  Anyways, enough of that. Shout out to Mark Moss and
• 4:37
  Natalie Brunel. We are going to cover this
• 4:41
  Forbes article that came out yesterday in regards to the
• 4:45
  Black Rock report that we saw yesterday that we covered on the
• 4:49
  show and it's got a very interesting title out here guys.
• 4:53
  And then for everyone that's been a part of Bitcoin, maybe
• 4:56
  you think it's kind of click baity.
• 4:58
  Maybe you're seeing, oh, man, like the corporate press is, is
• 5:02
  doing their damnedest to just fear monger.
• 5:05
  Maybe they're being paid by BlackRock to spread this
• 5:08
  information. But why would BlackRock even
• 5:12
  release these reports and educate the masses out there
• 5:15
  when they're trying to profit off of us?
• 5:17
  Anyways? The title here is BlackRock
• 5:19
  reveals it's quietly preparing for a $35 trillion Federal
• 5:23
  Reserve dollar crisis with Bitcoin predicted to spark a
• 5:26
  sudden price boom. So absolutely insane that we're
• 5:30
  seeing this come out from a well known corporate press site.
• 5:35
  And I do have a special gift for you guys today.
• 5:37
  Our guest today is also a contributor on Forbes, so I'm
• 5:40
  really glad we brought him in today.
• 5:42
  But before I bring in our guest, I do have what I would think is
• 5:47
  a bombshell tweet thread from Nick Carter about Chuck .2 Point
• 5:51
  O we've been covering. It for a long time on the show
• 5:55
  and finally we got some new updates on this and man it just.
• 5:59
  Does not look good for the Biden administration and the powers
• 6:03
  that be. It really goes into what we've
• 6:05
  been saying and feeling on this show for a long time is that the
• 6:08
  Biden administration has been actively fighting the Bitcoin
• 6:13
  industry and now we have the smoking gun, which is absolutely
• 6:17
  incredible. No longer we just speculating or
• 6:20
  have a feeling about this. It is in literally a court
• 6:24
  deposition that this is the case.
• 6:26
  So absolutely incredible that we're seeing this right now and
• 6:30
  man, it just, it just goes to show that the Bitcoin industry
• 6:33
  is growing up and it is terrifying the powers that be.
• 6:37
  And This is why what we do is so important.
• 6:39
  This is why getting more people to hold Bitcoin, take Bitcoin
• 6:43
  into self custody, hopefully getting more merchant adoptions
• 6:46
  on board so that we can use Bitcoin like money.
• 6:49
  This is the goal. This is what we always want to
• 6:51
  do. And yes, of course, as all that
• 6:53
  happens, the Bitcoin price will go up, your net worth will go
• 6:56
  up, your purchasing power will increase.
• 6:58
  But the revolution is. Self custody anyways.
• 7:01
  Before I get into the show, guys of.
• 7:02
  Course like subscribe. Comment Share this content This
• 7:06
  is how we get the signal out there.
• 7:08
  Some more people understand what is going on in the world and
• 7:11
  what is going on with their money.
• 7:12
  OK, I'm going to bring in my guest Co host today or my guest
• 7:16
  for the day, Roger. Roger.
• 7:18
  Huang. He's a Forbes contributor,
• 7:20
  author, speaker. And really before I go on,
• 7:25
  Roger, I do want to personally thank you for the epic article
• 7:29
  that you wrote on Forbes When we did get kicked off of YouTube.
• 7:32
  And it just, it really like I was telling you offline, it
• 7:35
  really blew our mind and humbled us that we were a part of that
• 7:38
  conversation. And as I, as I told you before
• 7:42
  the show, you know the the names in that article and we'll cover
• 7:44
  it a little bit in the culture today for you guys, the names in
• 7:47
  that article. And then having little old
• 7:48
  simply Bitcoin alongside, we were like, wow, this is
• 7:51
  incredible. We got to get Rodger on the
• 7:53
  show. So Rodger, how are you doing
• 7:55
  today? How's everything going in your
• 7:57
  life? Doing great love to be on the
• 7:59
  show, love the work here and yeah, I just you know, when I
• 8:03
  wrote that article I was just like animated the sense of like
• 8:06
  this is so bullshit that you know there's so many different
• 8:10
  corporate powers kind of a laid against bitcoiners who were
• 8:15
  trying to produce just content, trying to produce education,
• 8:18
  things like that. So it definitely felt like had
• 8:20
  to include what was happening with simply Bitcoin just along
• 8:24
  with everything else that had happened.
• 8:26
  And it was like kind of a very, very interesting week because
• 8:30
  that was also what happened with the Telegram stuff, everything
• 8:33
  that came together. So I mean, look like, and I'm
• 8:36
  happy to talk about it a little bit more because I know like
• 8:38
  people might have different opinions about Forbes and things
• 8:40
  like that. I can kind of talk a little bit
• 8:42
  about how the sausage is made there.
• 8:43
  But just wanted to start off by saying, happy to be in the show.
• 8:47
  It's great to be on here. And yeah, just whenever you you
• 8:52
  have like underdog channels that are trying to create content,
• 8:56
  trying to create really good content, and they're stifled by
• 8:58
  the biggest companies in the world, that's when I get
• 9:00
  interested. Let's go.
• 9:02
  Appreciate it. And also, and also, well,
• 9:05
  Rodgers got the epic swag on as well.
• 9:07
  We both rocking the Bitcoin propaganda department hat, which
• 9:11
  recently has become everyone's favorite hat on the show.
• 9:14
  So man, I guess we're the few lucky ones out here with the
• 9:18
  Bitcoin propaganda department hat.
• 9:20
  I, I remember at the conference, I like locked up to the Vanik
• 9:23
  booth and I was like, yo, how do I get one of these hats?
• 9:26
  Like I need one. I'm a propagandist.
• 9:28
  This is my hat. And they're like, what?
• 9:30
  Like, what do you do? Am I going to participate with
• 9:32
  Bitcoin? And they're like, OK, OK, here
• 9:33
  you go. So, man, yeah, I'm, I'm really
• 9:35
  hyped on this hat. This hat's great.
• 9:37
  And also, you know, free Ross, Day one just fully merged out
• 9:39
  from Nashville. Love it.
• 9:41
  Yeah, I I I kicked out of Nashville because I had AI had a
• 9:43
  book, a wood mouth hold Bitcoin and that's like on Bitcoin in
• 9:46
  China. So I spoke about it.
• 9:48
  But yeah, I had less of a dramatic story with the Van IK
• 9:51
  hat. I mean, you're standing on the
• 9:52
  table. I think the the person was gone
• 9:53
  for the booth. You just stole it.
• 9:55
  You're like, I didn't snatch it. Yeah, I'm like I am Bitcoin.
• 9:58
  Yeah, so, but but yeah, so, but it was, it was a fun that was,
• 10:03
  that was a wild conference. As well.
• 10:05
  Yeah, it was great. It was great.
• 10:06
  So yeah, man, in the culture. We're going to talk about what
• 10:09
  Rodgers doing over there contributing at Fords.
• 10:11
  We'll talk about your book and of course, as you just
• 10:13
  mentioned, things going on in Bitcoin in China.
• 10:17
  And then of course, you know, just like being a Bitcoin
• 10:20
  propagandist and why you got into Bitcoin in the 1st place.
• 10:23
  So we'll cover that towards the end of the show, guys.
• 10:25
  But before I go on, I am not alone.
• 10:28
  I got my boy, the one and only Brandon Gentilly.
• 10:32
  He's also a Bitcoin propagandist making content.
• 10:36
  He's working with the Bitcoin trading card.
• 10:38
  So Brandon, how you doing today, bro?
• 10:39
  Are we, are we going to get an amped up Brandon today?
• 10:41
  Did you get a workout and you get a pump this morning?
• 10:43
  Are you, are you going to be super lit today?
• 10:45
  What's going on with you? Absolutely.
• 10:47
  We, we were just talking offline.
• 10:48
  That's when you stepped away for a second.
• 10:50
  We were saying that we got to come in, just roll the show.
• 10:52
  We can't be sitting in the in the background, in the in the in
• 10:54
  the room, in the green room because all the good stuff comes
• 10:57
  out then, you know, so getting hyped up again here and yeah, I
• 11:01
  got the pump going this morning ready to rock'n'roll.
• 11:02
  This is incredible times we are a part of.
• 11:05
  We're going to look back. People will look back 100 years
• 11:06
  from now, 200 years from now and and be like, what the heck were
• 11:10
  these people doing? What was going on?
• 11:12
  Because it, it really, to me, it's a modern dark ages and it,
• 11:16
  which just flies in the face of conventional wisdom.
• 11:18
  Like Mark Moss, what he said even I think is really
• 11:21
  fascinating. I, I would take a little bit of
• 11:23
  umbrage to what he, what he's saying.
• 11:25
  Like I think it's going to be a hyperinflationary crash.
• 11:27
  But he didn't go far enough with it in the sense like, we've
• 11:29
  already been living through the depression the last 50 years.
• 11:32
  You know, WTF happened in 1971, right?
• 11:34
  Like this. I think Nolan actually shared
• 11:35
  this. It was a, a poem from a while
• 11:38
  back talking about the crash we were living through, you know,
• 11:40
  the divorces through the roof, separated families, illegitimate
• 11:44
  children and on and on and on. Drug use illegal and legal.
• 11:47
  And just go, just go down the line and look at the last 50
• 11:49
  years. We are living through that crash
• 11:52
  and everything has been crashing in terms of Bitcoin.
• 11:53
  It's an invisible crash. So the crash is here, it's
• 11:57
  happening, it's been happening and we are living through.
• 11:59
  It's the collateral damage that we always talk about.
• 12:00
  And that's why it's so important what we're doing.
• 12:02
  We're, we're always looking for this 1929 style crash.
• 12:05
  And, and I was one of those people over the last 10-15 years
• 12:07
  looking for that. But we are living through, we've
• 12:09
  been living through it. And that's the the irony in all
• 12:11
  of it. And I think we're closer to the
• 12:14
  end of it, but I think it's going to get exponentially
• 12:16
  crazier as we get really towards the end of it.
• 12:18
  So buckle up. It's going to be a hell of a
• 12:21
  ride here moving forward. Totally, totally.
• 12:23
  And again, touching on that Mark.
• 12:25
  Moss clip. I think the biggest signal of
• 12:27
  this is like Mark Moss said himself, our living standard is
• 12:30
  lowering. All the products we're using are
• 12:33
  getting worse and worse. Life is getting more expensive.
• 12:36
  So you you see the signals in your life, but if you don't
• 12:40
  understand what the mechanisms are and and how the system
• 12:43
  works, then you're probably asleep at the wheel.
• 12:46
  It really reminds me of the classic memes of like, do fish
• 12:49
  understand that they're in water?
• 12:51
  And are we just the boiling frogs in hot water right now?
• 12:54
  Slowly, but sure, really just about to get roasted.
• 12:57
  I would say a Bitcoiners are are for the most part understanding
• 13:00
  what's going on, but the masses are still asleep at the wheel.
• 13:04
  And This is why we we at. Least.
• 13:06
  Try to get people thinking, plant some ideas of freedom in
• 13:09
  their mind and really educate them on the economic system, the
• 13:11
  financial system as much as possible.
• 13:13
  Of course, when you talk about economics, most people tune out.
• 13:16
  They're like, this is boring, bro, what does this have to do
• 13:18
  with my life? And it's like, well, do you
• 13:20
  like? The standard of living that you
• 13:22
  currently. Have it could get worse.
• 13:25
  You probably want to figure out what's going on in the world
• 13:27
  anyways anyways. Really quick, really quick Opty
• 13:31
  and multi stackers got this right.
• 13:33
  I said illegitimate trillion. There are no illegitimate
• 13:35
  trillion. I, I'm trying to speak in 3rd
• 13:37
  grade level here. To me, I think the biggest
• 13:40
  problem and I wasn't going to go there, but now I just saw this
• 13:42
  and now it just kind of sparked me off here and, and ticked me
• 13:45
  off. Even though I said it.
• 13:47
  The biggest, the biggest fight to me is spiritual battle.
• 13:49
  Like if you don't see this as good versus evil right now, then
• 13:52
  I don't even know why we're here right now.
• 13:54
  Right now it's good receivable and that's it.
• 13:55
  It, it's Satan, which means the enemy and versus truth, which is
• 13:59
  God. Period, end of day, end of
• 14:01
  discussion. We could turn this thing off
• 14:03
  right now. It doesn't matter.
• 14:04
  It does not matter. So that's a number one.
• 14:06
  And #2 is what do we have That's truth on earth.
• 14:09
  So far, the only thing we can kind of see the truth on earth
• 14:11
  is Bitcoin. So those two metals, you get
• 14:13
  those two right. The the that top, you know, the
• 14:16
  the in theologically that and then what's on earth here in
• 14:19
  Bitcoin and that's it. So thank you for calling me out
• 14:23
  there. That just that fires me up.
• 14:25
  So I love it. Let's fucking rock'n'roll.
• 14:27
  Let's go. I don't know, we were supposed
• 14:28
  to read the comments like what's?
• 14:30
  The deal with that, Yeah, Yeah, I should have told you before,
• 14:32
  but I'll do it live. Roger.
• 14:34
  The chat is the troll box. They're going to troll us live
• 14:38
  if there's anything. Yeah, if they if they say
• 14:41
  anything keeping. Us in the rails.
• 14:43
  Exactly, if they say anything that you want to respond, I can
• 14:46
  pull it up on the stream. So they're they're just they're
• 14:48
  part of the show. We interact with them.
• 14:50
  But yeah, the chat is the live troll box anyways, anyways, we
• 14:53
  got to pay the bills here at Simply Bitcoin.
• 14:55
  And of course, we are going to talk about our lead sponsor
• 14:58
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• 15:01
  use promo code Simply Bitcoin or simply BTC.
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  they can never rug pull you. It is automatic self custody by
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  default. You literally need to have a
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  companies. OK guys.
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  your wallets right now. You get 500 SAT's right now live
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  on the show on that note. Guys, let's get into the show.
• 16:16
  All right, guys. Of course, of course, of course.
• 16:18
  Everything we show on our show is to design in a way, it's
• 16:23
  structured in a way so that you protect yourself as a Bitcoiner.
• 16:27
  We always talk about self custody.
• 16:28
  We always talk about that is the revolution.
• 16:31
  You need to take your Bitcoin into custody.
• 16:33
  So do not leave your seed trays on a piece of paper.
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  for the next 15 customers, you do receive a special Bitcoin
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  stamp with your kits. I have one here, but you you
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  can't really see it. The camera camera won't allow
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  the zoom to work real good over here.
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  But again, use the promo code simply, you get 15% off all the
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  So once it's gone, it's gone. So if you've been thinking about
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• 17:30
  All right, guys, of course, this is called the numbers for a
• 17:33
  reason. We're over here on Clark Moody's
• 17:35
  dashboard and we're going to go over some numbers.
• 17:37
  So it looks at least tentatively, at least for the
• 17:42
  time being. It looks like we might have
• 17:44
  broken out of the 58 K range I'm sure.
• 17:46
  Maybe. We will get one last dump this
• 17:49
  weekend or something, who knows. Who knows, but.
• 17:52
  The current Bitcoin prices right now of $62,900 which means the
• 17:56
  stats per dollar AKA how much Bitcoin you can buy for a single
• 17:59
  dollar AKA how much the dollar is worth in Bitcoin is currently
• 18:03
  at 1590 sets or for the bits Max is in the way way back.
• 18:08
  I haven't heard much from you guys in a while.
• 18:10
  It's 159 bits. The current block height is
• 18:13
  862,139 and the market cap in Fiat terms is $1.24 trillion.
• 18:20
  I think. I think I saw the numbers
• 18:22
  yesterday that Bitcoin has outgrown in the recent terms.
• 18:26
  Saudi Arabia if I if I remember correctly, I think we're still
• 18:30
  right under the silver market cap.
• 18:31
  So until we break out of I think the 65 range, we are still in
• 18:36
  the running to beat all of the hard money out there.
• 18:39
  I wouldn't even consider it silver hard money, but you know
• 18:42
  commodities out there. Anyways, the Bitcoin versus gold
• 18:44
  market cap is 6.9%. The monetary supply, the Bitcoin
• 18:48
  monetary supply. I added some new numbers in here
• 18:50
  that I think make our point, stress our point here in
• 18:53
  Bitcoin. The total supply of Bitcoin that
• 18:56
  will ever be released is currently at 19,756,467.99
• 19:03
  Bitcoin. That is right.
• 19:04
  You heard me correctly. Out of the 21 million Bitcoin
• 19:08
  that will ever be released until 2140, we are currently at 19.7
• 19:13
  million, which is a total percentage issued of 94.07%.
• 19:19
  OK guys, so I'm really glad we got Rodger here.
• 19:22
  I do have a couple Forbes articles here before we talk to
• 19:24
  Rodger in the culture. And I'm going to do like a
• 19:27
  little saga here. And these are all from Billy
• 19:30
  Bambro, which Rodger knows personally.
• 19:32
  So maybe he can, you know, get insight into how the sausage is
• 19:36
  made. And the reason I'm I'm giving
• 19:38
  you this article first guys, because it really Tees up what
• 19:41
  we're going to see in the Black Rock article that that came out
• 19:45
  yesterday in regards to the the Black Rock report that dropped
• 19:48
  yesterday. So the headline here, this was
• 19:50
  was dropped September 17th. So what's that Tuesday radical
• 19:55
  Fed bombshell predicted to send crypto prices skyrocketing after
• 19:58
  Bitcoin suddenly crashes under 60K.
• 20:01
  Now I don't know if skyrocketing skyrocketing was the right term
• 20:05
  considering that the Bitcoin price did break out of that 58 K
• 20:09
  range after the 50 bit rate cut from the Federal Reserve.
• 20:13
  You know, they cut half a percent.
• 20:14
  It seems like in the short term that the markets are rallying.
• 20:18
  But remember what Tom Bayes was saying.
• 20:20
  It probably is going to rally in the short term and then the
• 20:22
  smart money out there going to wake up and think, hey, why did
• 20:27
  the Fed have to cut rates? Does that really mean that the
• 20:30
  economy is as strong as they're saying?
• 20:32
  I even was trolling Jay Powell yesterday that he started.
• 20:35
  Yeah, Was it yesterday? No, it was Wednesday.
• 20:37
  I believe when he did his his pressure, he came out and like
• 20:41
  the first thing he said was like the US economy is strong and
• 20:44
  going well and yet he cut it by 50 basis points, which if you
• 20:49
  really understand the mechanics is kind of saying that it's not
• 20:53
  as strong as they say it is. Anyways, I did highlight a
• 20:56
  couple quotes here. This these ones are from Jamie
• 21:00
  Dimon. So Jamie Dimon says, I would say
• 21:02
  the worst outcome is stagflation, recession, higher
• 21:06
  inflation. And I wouldn't take it off the
• 21:08
  table, which I wanted to highlight considering what Mark
• 21:10
  Moss was saying in the beginning.
• 21:12
  And for those that don't know, you know, stagflation is a name
• 21:14
  given by economist for an economy that that's hit by both
• 21:18
  price spiraling higher and low growth and is generally to be
• 21:23
  believed to be a difficult economic situation to recover
• 21:25
  from. Which we say.
• 21:27
  All the time. There's no stopping the Fiat
• 21:29
  train. But going further, according to
• 21:31
  Diamond, inflationary forces, such as higher deficits that add
• 21:34
  to the growing U.S. debt of $35 trillion and increase
• 21:37
  infrastructure spending, will pile pressure on the US economy.
• 21:41
  They're all inflationary, says Jamie Dimon.
• 21:44
  Basically, in the short run the next couple of years.
• 21:46
  So it's hard to look at it, the economy, the the debt and say,
• 21:50
  well, no, we're out of the works.
• 21:52
  And Jamie Dimon says, I don't think so.
• 21:55
  So hey, I know Bitcoin is here to make the the bankers obsolete
• 22:00
  here. But if the bankers are telling
• 22:02
  us that there may be a problem, of course they're not going to
• 22:05
  outright be like, yo, there's a problem panic right now.
• 22:07
  They they can't yell fire in in a packed movie theater.
• 22:11
  They got to slowly but surely give you some signals here,
• 22:14
  which really goes into a lot of the hate that the Bitcoiners are
• 22:17
  saying. It's like, why are they telling
• 22:18
  the peasants what's going on? You know they want to.
• 22:20
  Profit off of us so. What is the, what's reading
• 22:24
  between the lines here? What are they really trying to
• 22:25
  say? And that gets us into this
• 22:28
  article that dropped yesterday. Again, this is by Billy Bambrow,
• 22:31
  dropped yesterday, September 19th.
• 22:33
  And the headline is BlackRock reveals it's quietly preparing
• 22:37
  for a $35 trillion Federal Reserve dollar crisis with
• 22:41
  Bitcoin predicted to spark a sudden price boom.
• 22:44
  Before I get into some of these quotes, though, I do find it
• 22:47
  interesting that and, and maybe Roger can give us a little more
• 22:50
  insights that they called that Billy called this a Federal
• 22:53
  Reserve dollar crisis. I know you guys don't have too
• 22:55
  much editing on the back end. I, I've talked to Mickey and
• 22:59
  he's also a contributor and you know, Billy, Billy dropped this
• 23:03
  and thought it was a good headline.
• 23:04
  But I do find it interesting that we've always talked about
• 23:07
  the Overton window shifting and they're calling it Federal
• 23:10
  Reserve dollar crisis, which may be more people out there that
• 23:14
  are reading forms are starting to understand what we understand
• 23:17
  as bitcoiners. So let me go into this article a
• 23:19
  little bit and then I'll I'll pass it over to Rodger.
• 23:21
  Now, as fears swirl, the US dollar is on, quote, the verge
• 23:25
  of a total collapse. The world's largest asset
• 23:28
  manager, BlackRock, has warned of growing concerns, quote,
• 23:32
  around the spiraling $35 trillion U.S. debt pile that's
• 23:35
  predicted to drive, quote, institutional interest in
• 23:38
  Bitcoin. And we've been covering this for
• 23:40
  a long time. Again, quote this one from Eric
• 23:43
  Balkanis, which I kind of reference all the time.
• 23:45
  This is why some have called Bitcoin the Second Amendment of
• 23:48
  money. the US debt pile of $35 trillion that's growing at a
• 23:54
  clip of $1 trillion every hundred days has no end insight.
• 23:58
  Again, remember what Mark Moss said in the very beginning.
• 24:01
  This dynamic appears to be also taking hold in other countries
• 24:05
  where debt accumulation has been significant, the authors of the
• 24:08
  Black Rock paper added. In our experience with clients
• 24:10
  today, this explains a substantial portion of the
• 24:13
  recent broadening institutional interest in Bitcoin.
• 24:17
  And of course, Bitcoin, as I've been saying for a long time, the
• 24:21
  institutions are coming. The institutions are coming.
• 24:23
  And I know Bitcoiners are tired of the institution because it
• 24:26
  seems like that's what all we've been covering this year, whether
• 24:28
  it's the ETF or BlackRock. But this is where we are in the
• 24:32
  story we are entering, I would argue a new era.
• 24:35
  I think I saw Kaiser say the Sailor era now where
• 24:38
  corporations and institutions start to not only FOMO into
• 24:42
  Bitcoin, but legitimize. I hate using that word
• 24:44
  legitimize because we don't need the suits.
• 24:47
  That's what we're doing is correct.
• 24:49
  But for the masses out there, when the suits tell us what's
• 24:52
  going on, that's when they get in.
• 24:54
  So you Bitcoiners ran Wall Street as you like to troll me
• 24:58
  every single day. But I want to remind you one of
• 25:00
  the quotes that we got out of the report yesterday from that
• 25:03
  BlackRock report. And it's key point #4 over the
• 25:07
  long term, Bitcoins adoption trajectory is likely to be
• 25:10
  driven by the intensity of concerns over global monetary
• 25:13
  stability, geopolitical stability, US fiscal
• 25:17
  sustainability and US political stability.
• 25:19
  This is the inverse of the relationship that is generally
• 25:22
  attributed to traditional quote UN quote risk assets with
• 25:26
  respect to such forces. So it really goes to show, guys,
• 25:31
  we've been saying this for a long time.
• 25:33
  I said it yesterday, as much as when BlackRock says something
• 25:37
  about Bitcoin, it makes me weary.
• 25:38
  I get a get a little icky feeling.
• 25:40
  It feels like, you know, there's a chill in the room and I'm
• 25:43
  like, oh, well, what, what, what are these demons doing over
• 25:46
  here? What are what are they trying to
• 25:47
  do? BlackRock owns all of the world
• 25:49
  and now they're getting into Bitcoin, which makes my tinfoil
• 25:52
  hat radar start to pop off. It really goes to show that what
• 25:56
  we've been saying for a long time is actually the case for a
• 25:59
  long time. Bitcoiners have been pretty much
• 26:02
  relegated into the corner saying like, oh, you guys are dumb, you
• 26:05
  guys don't understand how the economy works, You guys don't
• 26:07
  know what real economics is. And now again, I hate using the
• 26:12
  term, but the smart money is saying what we've been saying
• 26:14
  for a long time, that there is a problem in the traditional
• 26:17
  financial system. There is a problem with Fiat
• 26:20
  money and there's only one solution to this.
• 26:24
  They have to print more money. There are multiple options, but
• 26:26
  we know that they're never going to do the other options.
• 26:29
  And the only option they have is to inject more liquidity, more
• 26:32
  capital into the system, AKA print money out of thin air,
• 26:35
  start to create more money out of government words, AKA Fiat by
• 26:39
  decree. And this is where we are right
• 26:42
  now. Hence why we always try to
• 26:43
  highlight to the audience out there that you need to protect
• 26:46
  yourself. I know we've been covering
• 26:48
  politics a lot lately and it's election season in the US and
• 26:53
  there's a there's a lot of heated debates out there and
• 26:57
  there's people that think that if we just change the politician
• 27:00
  that the figurehead that they're going to be our savior and
• 27:03
  they're here to save us. I would argue, you know, Nico
• 27:06
  likes to say two party system. Well, really, you know, there's
• 27:09
  more parties, but it's a two party system that runs it.
• 27:12
  I like to argue that it's a unit party system and it's all the
• 27:16
  same. It's the left side, you know,
• 27:18
  left wing, right wing of the same bird.
• 27:20
  They're all going to do the same thing.
• 27:22
  They're all going to print more money.
• 27:23
  So yes, as much as I think Trump will be a better incentive for
• 27:30
  the Bitcoin industry, at least give us four years of cover and
• 27:34
  the Kamala administration or the Biden administration has been
• 27:37
  fighting us. I think it's all irrelevant.
• 27:40
  At a certain point, they're all going to print more money.
• 27:42
  The only way to protect yourself is by taking Bitcoin into
• 27:45
  custody, converting some of your, well, some of your Fiat
• 27:47
  money, some of your assets into Bitcoin into a system that they
• 27:51
  cannot control. That is censorship resistant
• 27:53
  permission list completely outside of the system.
• 27:55
  And this is how you protect yourself.
• 27:57
  Do not look for a different politician, a different figure
• 28:00
  figurehead to to fix your problems.
• 28:02
  You need to take personal responsibility to fix your
• 28:05
  problems and this is how you start to unplug from the Fiat
• 28:09
  matrix. Anyways, I ranched enough
• 28:11
  Rodger, considering you know how the sausage is made here a
• 28:15
  little better than I do. What is your thoughts on this
• 28:18
  topic and the coverage on BlackRock Report?
• 28:22
  Yeah. I mean, first of all, I want to
• 28:23
  start off just echoing everything you just said.
• 28:24
  I mean, I think you can't really rely on like the politicians of
• 28:27
  the banks think Bitcoin is a life raft.
• 28:30
  And I think everybody's realizing that.
• 28:32
  I'm just hopeful that, you know, as they get more involved, it's
• 28:36
  not that they bring their bullshit with them, it's that
• 28:39
  Bitcoin actually helps maybe give them the life raft that
• 28:43
  some of them are seeking or something like that.
• 28:44
  But there's nothing there's, you know, these are the people who
• 28:47
  broke the system. I actually got into Bitcoin
• 28:50
  because I just despised the fact that they were running the world
• 28:54
  economy. So anyway, just a note on that
• 28:55
  in terms of like Forbes itself, as you probably know and if some
• 29:00
  people may or may not know, there's a lot of latitude to the
• 29:03
  individual contributors to write.
• 29:06
  And so for example, you choose your own titles, you choose your
• 29:08
  own kind of content, you can kind of just get everything out
• 29:13
  there that you want. So when I wrote, you know, I
• 29:15
  tend to write about where Bitcoin is useful when it comes
• 29:20
  to different protests and if there's censorship of people.
• 29:23
  So that's why you know where the Telegram article, that's what
• 29:25
  came up. I know Billy and by I say I know
• 29:28
  Billy, I mean I haven't actually really met him per SE, but like
• 29:32
  me and him have been on the roster for us for a pretty long
• 29:34
  time. We've been on since I think like
• 29:36
  2019 or 2018. So there's a lot of people that
• 29:39
  have joined like after and I think like shout out to like
• 29:43
  Frank Korva, like Susie, who are like all doing really good
• 29:48
  stuff. One of Susie's articles actually
• 29:50
  got taken down because you couldn't go, you couldn't like
• 29:55
  criticize. I think like another media
• 29:57
  outlet, she wrote something about the BBC.
• 29:58
  So I just want to give a give a shout out to Susie.
• 30:01
  She she went so hard that the fourth team decided to to take
• 30:05
  her article down. But yeah, I mean, in terms of
• 30:09
  that, Billy's got a lot of wide discretion to kind of do.
• 30:13
  He has, he's got his own newsletter from being part of
• 30:17
  the same roster. And what I've observed is that
• 30:20
  Billy will take like first hand sources and spread the word to
• 30:23
  like a lot of people, you know, think about the Forbes audience.
• 30:27
  The Forbes audience usually doesn't really know about
• 30:30
  Bitcoin or doesn't really understand Bitcoin that well.
• 30:33
  So I think what Billy's trying to do is just like get it out
• 30:36
  there in the most provocative way possible, right?
• 30:39
  And I've, I've also done that every once in a while.
• 30:42
  You know, obviously if you have a title that's like the US
• 30:44
  dollar is in trouble to think it is, right, that's going to grab
• 30:48
  more attention than anything else.
• 30:50
  So that's kind of, you know, how the sausage is made there.
• 30:54
  You know, the editors don't really give us that much.
• 30:58
  I guess like, just like they, they, they don't, they do
• 31:02
  monitor different things. We've got really good editors.
• 31:05
  But I think that, you know, by and large, you're kind of doing
• 31:09
  your own thing. There is an incentive to like
• 31:11
  get as much traffic as possible. One thing I will say is like, I
• 31:15
  write for Forbes, I've been for Bitcoin mag, I've been for other
• 31:18
  places. I kind of come at it from like
• 31:20
  the other way, like IEI don't really make my money by writing,
• 31:25
  but I know for example, or I suspect, I think Billy is one of
• 31:28
  the people on the Forbes roster that is making money from it
• 31:33
  because he's just able to draw so much traffic.
• 31:35
  So it's been a huge success in terms of traffic and things like
• 31:37
  that. It definitely works.
• 31:39
  But yeah, every once in a while you got to have like those like
• 31:41
  dramatic headlines. So yeah, that's kind of the a
• 31:43
  little bit how the sausage is made.
• 31:46
  He's never really shows up to like any of the we have like
• 31:49
  group meetings and group calls and stuff.
• 31:50
  I haven't really ever seen him do his thing.
• 31:52
  So I think he's just kind of like doing his thing.
• 31:54
  So shout out Billy, if you ever happen to watch this episode
• 31:57
  down to hang out. We've like emailed a few times
• 31:59
  and stuff like that. But that's that's the deal with
• 32:04
  those kind of stories. I also think like, you know,
• 32:05
  when you're trying to get traffic, you got to like get
• 32:07
  those, you got to get those headlines pumping, right.
• 32:12
  Hey, you know, we we get flak a lot too, considering that we are
• 32:17
  on YouTube and we want people to click on the show and they're
• 32:19
  like, man, this is a click bait title.
• 32:22
  And you're like, yeah, I mean, you clicked on it.
• 32:25
  And then we and then we give you guys some substance within the
• 32:28
  show. So once you're in, hopefully you
• 32:30
  start to think about what's going on and you start to look
• 32:32
  at your world a little different.
• 32:34
  So shout out to Billy. Yeah, maybe he's a little
• 32:36
  hyperbolic, maybe he's a little click baity, but I.
• 32:39
  Think it does. Stress The point that we
• 32:40
  constantly talk about is most people are asleep at the wheel
• 32:43
  and they really don't understand what's going on.
• 32:46
  And if you know, bombastic headline like this gets them to
• 32:50
  click and they start to see things a little differently and
• 32:52
  realize that way maybe everything isn't exactly how it
• 32:56
  seems. Maybe I do want some of this
• 32:58
  Bitcoin. I think it's, I think it's a
• 33:00
  benefit to not only the individual out there, but to
• 33:03
  getting the word out. Well, you know what we're
• 33:05
  fighting, right? Like, we're fighting like a
• 33:07
  million Google search results. There are just like corporate
• 33:10
  media like very, very like stayed headlines, like very,
• 33:14
  very calm headlines, like everything is all right
• 33:16
  headlines, you know, economist says this and that.
• 33:19
  And so it's like, you know, I, I totally get what Billy's doing.
• 33:22
  I do it some of the time because in order to just reinforce like
• 33:26
  people just don't know these facts, right.
• 33:28
  Like one out of three countries might be in sovereign default.
• 33:32
  Like the system is not, as you know, the system is crumbling
• 33:36
  faster than people expect. And in order to convey that,
• 33:39
  like there's different ways of doing it, but I, I, I think
• 33:43
  Billy's fundamentally like part of the team in that sense.
• 33:46
  And I mean that broadly the Bitcoin propaganda team and just
• 33:50
  trying to get people to relate to like why there is that need,
• 33:52
  right? Love it, love it.
• 33:54
  OK Brandon, jump in real quickly on the idea of BlackRock making
• 33:59
  you feel icky. And what's your thoughts on
• 34:01
  this? Because I I do have a big news
• 34:02
  story here. So do I don't do a long Brandon
• 34:05
  rant. Do a do a short and succinct
• 34:07
  rant on this topic. Yeah, I will.
• 34:10
  I'll be short and sweet here so we can move, but and I and
• 34:13
  actually you guys kind of hit on this.
• 34:14
  And again, I, I echo the same thoughts.
• 34:15
  I'll go a different direction with this a tiny bit.
• 34:18
  And this is something that we all deal with in the Bitcoin
• 34:20
  content creating community. We're Bitcoiners like we can't
• 34:23
  stand clickbait. We can't like marketing itself
• 34:25
  is very Fiat. Like it's a very Fiat thing
• 34:27
  that's really obviously gone exponential the last 100 years,
• 34:30
  ironically, or after the Federal Reserve was created.
• 34:34
  We have, you know, whether it's Bernays and all this stuff going
• 34:36
  on, it's a very, very Fiat thing and Bitcoiners are really
• 34:39
  terrible marketers like we, we just are.
• 34:41
  And, and this is something that we have to accept that learn
• 34:44
  from that kind of you play the game a bit, ride the line,
• 34:47
  whether it's the titles, whether it's the thumbnails, you name
• 34:50
  it, the articles. We have to break into the
• 34:53
  warming world somehow, you know, trading cards, you know,
• 34:55
  content. We have to break into that
• 34:57
  world. Otherwise this system will run
• 34:59
  for 1000 years on its own. But if no human is using it, the
• 35:02
  human system, then it doesn't matter.
• 35:04
  So we have to accept that and understand that.
• 35:06
  And, and these things are, are just what bitcoiners have to
• 35:09
  accept. You can be idealistic to the
• 35:11
  grave, but if, if we don't get the word out and we die with
• 35:13
  music on our lips and it doesn't matter.
• 35:15
  And believe me, I'm like the king of that ship of just being
• 35:18
  yay idealistic Yahoo, follow me. I'm doing the right thing.
• 35:21
  I, I tried to do as a kid. No one gives of shit, no one
• 35:24
  cares, you know, like it's like, oh, cool guy over there thinks
• 35:27
  he's doing the right thing. OK, next thing, don't care.
• 35:30
  You know, so I lived that life for a long time and it's very
• 35:33
  humbling. And you know, and again, like if
• 35:35
  you're trying to get the afterlife and you know that,
• 35:37
  that's a different story. And then we can have that
• 35:38
  conversation. But when you're in this world,
• 35:40
  this is human world on earth, you, you have to kind of play
• 35:43
  the game and ride the line and in break into what the average
• 35:46
  person, you know, the culture, pop culture, you got to break
• 35:49
  into that market somehow, not losing your morals and your
• 35:53
  ethics, your values in that process.
• 35:54
  But there are going to be things where the average Bitcoin or we
• 35:56
  look at it, we just cringe, But we're all in the same boat.
• 35:59
  We're all in the same mission. We're all gearing towards the
• 36:01
  same thing. And that's what we're, we're
• 36:02
  trying to do here. At the end of the day, we all,
• 36:04
  and we all have a part to play in that.
• 36:06
  Love it, Brandon, love it. OK, man.
• 36:08
  Well, we got AII got a bombshell thread for you guys.
• 36:11
  But again, of course, you know I'm out here begging for likes
• 36:14
  and subscribers and stuff. So like this video.
• 36:16
  If you like it, we're playing the game live.
• 36:19
  Here make sure you share the content this.
• 36:22
  Is the way. This is the way for the algos.
• 36:24
  Hashtag for the algos. All right, let's get into the
• 36:26
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• 38:27
  All right guys, we've been covering this for a long time on
• 38:31
  the show. Nico's been going ballistic on
• 38:33
  this topic. The choke .22 point O, Operation
• 38:37
  choke .2 point O, the Biden administration attacking the
• 38:40
  Bitcoin industry. You know, we covered this when
• 38:43
  it initially came out last year and now we got a new update.
• 38:46
  So what am I talking about? Remember, we covered the article
• 38:50
  of Nick Carter. So I will do some reading here
• 38:52
  because this is a jam packed thread.
• 38:54
  I'm not going to read all of it, but I will read most of it so
• 38:56
  that you guys get a good idea of what is going on and why this is
• 39:00
  so important and why we need to cover this.
• 39:02
  So again, I'm on Twitter over here, and this is Nick Carter,
• 39:05
  and he goes so many of you. Will remember my reporting
• 39:08
  around Operation Choke .2 Point O from the spring of 2023.
• 39:12
  TLDR is Biden's financial regulators, namely the the Fed,
• 39:15
  the FDIC and the OCC launch a crackdown on banks covering the
• 39:19
  crypto space. The first casualty was
• 39:21
  Silvergate Bank which voluntarily liquidated in
• 39:25
  quotes. The common reporting around
• 39:27
  Silvergate was that they lent the crypto depository.
• 39:29
  Those depositors were flighty when rates rose, they suffered a
• 39:33
  market to market loss on bond portfolios and ended up
• 39:36
  insolvent. Except that's not true.
• 39:39
  Silvergate weathered the storm even though short sellers cohoes
• 39:42
  and members of. Congress, like Warren,
• 39:44
  encouraged a bank run based on rumors that Silvergate had
• 39:47
  criminal exposure to FTX. They have since been totally
• 39:51
  cleared of those allegations. They suffered huge redemptions
• 39:54
  after FTX, but we're still solvent and able to do business.
• 39:57
  Only there was one problem. the Fed told them that they had to
• 40:00
  reduce their crypto exposure to only a nominal ancillary part of
• 40:05
  their business. This is like telling Dunkin'
• 40:07
  Donuts that they can't sell Donuts or coffee.
• 40:09
  Silvergate was a boutique crypto bank that served the crypto
• 40:12
  industry. So after the Fed came out with
• 40:14
  this new and formal guidance, their business ceased to exist
• 40:18
  and they voluntarily liquidated. The bank's assets were also
• 40:21
  toxic as it became clear with Silicon Valley Bank and
• 40:24
  Silvergate that any crypto related lines of business would
• 40:27
  not be eligible to be sold. According to the.
• 40:29
  OCC. This included Sen and Signet, as
• 40:32
  well as crypto deposits at those banks.
• 40:34
  Again, who broke the story in 2023.
• 40:37
  One point I've endeavored to make is that Silvergate died by
• 40:40
  murder, not suicide. The critical point is that the
• 40:43
  Fed told them after the draw down that they had to cut their
• 40:46
  crypto deposits to 50 percent, 15% of their book dooming them.
• 40:50
  And this is obviously unconstitutional.
• 40:52
  By the way, in my original reporting, I thought that this
• 40:55
  was the FDIC, but it was actually the San Francisco Fed
• 40:59
  that was passing down the guidance.
• 41:00
  But it had the same effect, killing pro crypto banks and
• 41:03
  making crypto firms unable to get banking.
• 41:05
  And here's a quote we know now that regulators had verbally
• 41:08
  guided crypto friendly banks in November to reduce their
• 41:11
  exposure to crypto firms to 15% of deposit.
• 41:15
  Anyways, and the reason for this thread.
• 41:17
  Uh oh, where'd it go? Oh here we go.
• 41:21
  Here we go. Sorry guys, it it re refreshed
• 41:25
  on me. Where'd it go?
• 41:26
  Where am I at? Sorry boys and girls.
• 41:30
  Here we go. Anyways, the reason for this
• 41:31
  thread? Until now, we haven't had any
• 41:34
  actual evidence of the scandal at Silvergate beyond statements
• 41:37
  made by bank executives on background to journalists.
• 41:40
  Most of my reporting on Operation Choke .2 Point O has
• 41:43
  been corroborated hundreds of times over by folks affected.
• 41:46
  But the Silvergate stuff has remained a mystery since they
• 41:49
  have been in wind down mode and have been settling with the SEC
• 41:53
  and so on. And there's another story here
• 41:54
  about the settlements, but that's it for another day.
• 41:57
  So what's new now? Oh, man, doing it again.
• 42:00
  So what's new now is that Elaine Hetrick, former chief
• 42:05
  administrative officer of Silvergate, filed a declaration
• 42:08
  as part of Silvergate's Chapter 11 filing for the first time.
• 42:11
  It completely and totally corroborates what I wrote in my
• 42:14
  reporting, and it's all totally on the record.
• 42:17
  We have never had a Silvergate executive able to go on the
• 42:21
  record and tell the real story. Which signature?
• 42:23
  At least Barney Frank was willing to talk.
• 42:25
  But because of the. Litigation and bankruptcy
• 42:27
  proceedings. Silvergate execs taught Hedricks
• 42:30
  affidavit Affidavit is fascinating.
• 42:33
  She first talks about the infamous Fed, FDIC, OCC joint
• 42:36
  statement in January 2023. That was the first sign
• 42:39
  something was wrong. Again, here's a quote at the
• 42:41
  time of the first joint statement.
• 42:43
  Silver gets bank remaining deposit base was highly
• 42:45
  concentrated with crypto asset related depositors, as it has
• 42:49
  been for several years. Hetrick points out that
• 42:51
  Silvergate was able to weather the drawdown associated with
• 42:54
  rate rises and crypto industry balance sheet contractions.
• 42:57
  They were still solvent when the dust had cleared.
• 43:00
  And this is the smoking gun. Silvergate was solvent and able
• 43:04
  to operate, but the Fed had informed them that they had to
• 43:06
  curtail their crypto business. Without a crypto business, they
• 43:10
  would have had to reshape their entire firm.
• 43:12
  It was this that caused them to liquidate.
• 43:15
  And again another quote. However, the increased
• 43:17
  supervisory pressure on Silver Gate Bank and other banks
• 43:20
  focused on servicing crypto asset businesses for Silver Gate
• 43:24
  Bank to a point where it would have needed to remake its
• 43:26
  business model, remake its business model away from its
• 43:29
  focus on crypto asset businesses.
• 43:32
  She also discusses the signature receivership and points out
• 43:35
  further evidence of choke point. As I wrote at the time in 2023,
• 43:39
  coming from the fact that crypto related bank lines of businesses
• 43:42
  were not included in the acquisition.
• 43:44
  Going further, Hetrick is very stark riding this public
• 43:48
  signalling and sudden regulatory shift made clear that at least
• 43:51
  as of the first quarter 2023, the Federal Bank regulatory
• 43:54
  agencies would not tolerate banks with significant
• 43:57
  concentrations of digital asset customers, ultimately preventing
• 44:01
  Silvergate Bank from continuing a digital asset focused business
• 44:04
  model. So the Biden bank regulators
• 44:07
  made it impossible for banks servicing a particular legal
• 44:10
  industry to operate and in doing so they actively caused the
• 44:13
  collapse of certain banks, namely Silvergate and Signature.
• 44:17
  These banks did not die by by sewer, by by deleting
• 44:21
  themselves, but by being deleted.
• 44:24
  I think I already said it once. Anyways, this remains a gigantic
• 44:27
  scandal and no one has ever faced any responsibility for it.
• 44:30
  Nor does the press or the public really know the truth.
• 44:33
  And the Biden admin keeps denying its role in Operation
• 44:36
  Choke Point 2.0 even though the evidence is abundantly clear.
• 44:40
  The $4 billion of deposits held by Signature banks digital
• 44:44
  assets would be transferred directly to its digital banking
• 44:47
  customers. This public and sudden
• 44:49
  regulatory shift made clear that at least as a first quarter of
• 44:53
  2023, the Federal Bank regulatory agencies would not
• 44:56
  tolerate banks with significant concentrations of digital asset
• 44:59
  customers, ultimately preventing Silver Gate Bank from continuing
• 45:03
  its digital asset focused business model.
• 45:07
  Patrick's testimony is so important because it's direct on
• 45:10
  the record, under penalty of perjury, evidence of what we
• 45:13
  have known all along, but no one has been willing to admit the
• 45:16
  Biden administration directly forced Silvergate out of
• 45:19
  business. They did not delete themselves
• 45:21
  on their own due to mismanagement or bad trades.
• 45:25
  They were deleted because the feds said they weren't allowed
• 45:28
  to service crypto clients as a bank and when they liquidated
• 45:31
  the crypto lines of business like Sen were tossed in the
• 45:33
  garbage rather than being allowed to continue to exist.
• 45:38
  And by the way, what the Biden administration is doing is
• 45:41
  blatantly illegal. It was covered in Operation
• 45:43
  Choke Point 1.0 and has been pointed out violates the 5th
• 45:47
  amendment. And then he goes on to say that
• 45:50
  he's fired up and extremely vindicated about this.
• 45:53
  And we got another, another quote here from Christopher
• 45:57
  Calicut. And he goes, the Biden Harris
• 45:58
  administration has been illegally forcing the closure of
• 46:01
  Bitcoin and crypto service banking.
• 46:02
  This is disgusting. And they're begging for your
• 46:05
  vote, promising they're going to change and they haven't.
• 46:07
  But even if they had, they don't deserve it with this unamerican
• 46:10
  behavior. And the last point of this, you
• 46:13
  know, we got to we got to put a meme here this on sale Linder
• 46:15
  and he goes a handful of people brought the whole altcoin and
• 46:18
  almost all of the Bitcoin banking sector down to its
• 46:21
  knees. And here we got the architects
• 46:23
  of chokepoint 2 point OS from the White House executive
• 46:25
  branch, Bharat Ramamurti. Excuse me, sorry bro.
• 46:29
  The SEC, Gary Gensler, Treasury Nellie Liang and FDIC Martin
• 46:34
  Gruenberg. And then of course, Senate
• 46:36
  Elizabeth Warren, Sherrod Brown from the Federal Reserve,
• 46:39
  Michael Barr, Michael Gibson and New York State, Adrian Harris.
• 46:43
  And anyways, I think this was a bombshell report.
• 46:46
  Shout out to Nick Carter for covering this.
• 46:48
  We've been saying this for a long time.
• 46:49
  We, we got a lot of feedback, a lot of pushback from people out
• 46:52
  there of like, oh, you know, trust us, bro.
• 46:56
  The, the Dems are going to fight hard to, to, you know, protect
• 47:00
  Bitcoin and self custody. And we're like, look, bro, they,
• 47:03
  they could have had the opportunity to do it for the
• 47:05
  last four years. And when you really look at what
• 47:09
  is going on, they've been actively fighting the industry,
• 47:11
  trying to kneecap the industry industry, make sure that the
• 47:14
  Bitcoin industry doesn't grow, do everything they can to stop
• 47:17
  the Bitcoin industry. So forgive me if I'm not
• 47:20
  trusting and going to be like, yeah, let's let's vote Kamala in
• 47:24
  and give it another four years. Maybe things will change.
• 47:27
  When on the other hand, at least Trump is coming out pro Bitcoin.
• 47:32
  Maybe he's pro shit coin. It's not perfect, but it seems
• 47:35
  like a Trump the administration is going to give us four more
• 47:38
  years of cover make sure that the Bitcoin industry isn't
• 47:41
  actively fought. So it's I think this was a
• 47:44
  bombshell bombshell thread here from Nick Carter just covering
• 47:47
  the fact that we weren't just seeing things we weren't just
• 47:50
  making things up. This was actually happening.
• 47:53
  Now we have a court affidavit on record for risk of perjury that
• 47:57
  this was happening. So it just goes to show guys
• 47:59
  choke .2 point O not only was real, but is actively fighting
• 48:03
  the Bitcoin industry. We have the smoking done now to
• 48:07
  prove it. And so, hey, man, you can make
• 48:10
  your decision on who you want to vote.
• 48:11
  But it just goes to show that the Biden administration has
• 48:14
  been actively fighting Bitcoin for the last four years, of
• 48:16
  course, only going to make Bitcoin stronger.
• 48:19
  But I, I I. Had to cover this today
• 48:21
  considering we always talk about choke .2 point O.
• 48:24
  We've been living through it and it's been a rough bear market.
• 48:27
  But now we're getting some light at the end of the tunnel and it
• 48:30
  just goes to show there's some clarity on the situation.
• 48:32
  So I'm going to pass it to Rodger.
• 48:34
  Rodger, what's your thoughts on this?
• 48:36
  Yeah, I've, I've actually talked a lot with different like
• 48:39
  legislators and people about is there an operation Shuck point
• 48:42
  2.0? I asked like point blank.
• 48:46
  And you know, some people have just said like, I'm not in
• 48:49
  office anymore, don't really know, but there are some signs
• 48:51
  that it's happening. I mean, we got to just like not
• 48:54
  be naive about that. Like the, I mean, I, I'm
• 48:58
  Canadian, so I'm kind of commenting American politics.
• 49:00
  But like, in general, all these politicians are just trying to
• 49:03
  get elected, trying to get more power for themselves.
• 49:06
  The Harris administration or the Biden administration
• 49:08
  specifically has been like so anti Bitcoin and it's been so
• 49:13
  stupid to see because like, for example, with the Bitcoin mining
• 49:16
  ban in China, all the Bitcoin miners have come over to the
• 49:20
  United States. And that's an opportunity right
• 49:23
  there that the US is just simply not seizing.
• 49:27
  There's the banks that are being censored.
• 49:30
  But then also just by and large, like the Biden administration,
• 49:34
  the SEC, all these different agencies, they don't miss an
• 49:37
  opportunity, the Department of Justice or anything else to bad
• 49:41
  mouth Bitcoin, I don't think. Yeah, I think Trump has also got
• 49:45
  his like, I don't know, world liberty shit coin or whatever it
• 49:48
  is that's going on there. I do think like, you know, if
• 49:53
  Trump became president, other countries, including China would
• 49:56
  probably actually take a look at that and be like, maybe we
• 49:59
  fucked up about this whole Bitcoin ban thing.
• 50:02
  But I also think like I'm kind of more on the the union party
• 50:06
  side when I see this, like there is there is no stopping the
• 50:08
  debt. Like no party will stop the
• 50:10
  debt. There's this is all like
• 50:11
  mandatory, it's all mandatory spend, most of it health,
• 50:16
  Medicare, Medicaid, Social Security.
• 50:17
  That's not going to change. There's no party that's going to
• 50:20
  be willing to change that. Also, a lot of the things that
• 50:23
  you know, as Bitcoiners we talked about are like embedded,
• 50:26
  we just like accept as part of almost like society.
• 50:29
  I mean, Bitcoin is less so, but people are just so used to the
• 50:32
  idea that like, of course I have to KYC and of course I have to
• 50:35
  like do like all those anti money laundering and stuff like
• 50:38
  that. And those are specific US laws,
• 50:40
  like when those were passed in the 80s, just, by the way, like
• 50:43
  banks were actually refused to enforce those because they
• 50:46
  thought they would be unconstitutional, right?
• 50:48
  Took a Supreme Court order where there were, I think, two or
• 50:51
  three dissenting Supreme Court justices to get KYCAML off the
• 50:56
  line. And now that's like become a
• 50:58
  global, global system of control.
• 51:01
  So I think that, you know, there's a lot of things that
• 51:05
  need to be changed and political leaders are not necessarily
• 51:09
  going to get there, but there's a big framework and things that
• 51:12
  Bitcoin can help route around for now or help be a lifeboat
• 51:16
  around. But ultimately there's a
• 51:18
  question of like, how do you change these big fundamental
• 51:21
  things? It's like a society like, can we
• 51:24
  accept the fact that like in order to just like spend money
• 51:27
  or do anything, you have to be tracked to like who you are and
• 51:30
  what you're doing and everything like that?
• 51:32
  I think it's a very stark choice and I think that's coming down
• 51:34
  right now. So yeah, I think, yeah, there's
• 51:36
  Operation Showpoint for sure as well.
• 51:38
  Totally totally couldn't agree more.
• 51:40
  Roger Brandon, thoughts on this? Boy, again, I go back to what we
• 51:46
  were talking about earlier and and good versus evil is going to
• 51:49
  happen. And, and to your guys point,
• 51:50
  yeah, this is whether it's Trump or Kamala, politicians are going
• 51:53
  to politician at the end of the day.
• 51:54
  And, and I, from our perspective, it looks like Trump
• 51:58
  that that administration would give us more runway, which at
• 52:00
  the end of the day will will help Bitcoin build.
• 52:03
  At the same time, though, I don't know.
• 52:05
  I mean, is acceleration theory the right thing?
• 52:07
  I mean, people that are attacking you, it puts humans,
• 52:10
  you know, when you're, when you're up against the deadline,
• 52:11
  what do people do? They get after it, right?
• 52:13
  We get things done. You mean, look at the we just
• 52:15
  talked about, I think offline maybe, but the, you know, the
• 52:17
  trucker convoy, same thing, right?
• 52:19
  It, it puts people into OverDrive and things happen.
• 52:22
  So at the end of the day, all we can do is educate people and
• 52:25
  continue doing what we're doing. We all show up here, people in
• 52:27
  the chat, you know, people running the shows, doing the,
• 52:30
  the content, writing articles, all the things that all of us
• 52:32
  are doing is what you have to continue doing because we we can
• 52:35
  only do what we can do. You know, we're not God.
• 52:36
  I, I can't sit here and move the chess pieces around the chess
• 52:38
  board, even though sometimes we feel like we can and we get you
• 52:41
  get disillusioned. I know I do at times.
• 52:44
  And you you just have to keep fighting because it's the only
• 52:47
  thing we can do. We're all a little peace in that
• 52:49
  puzzle. Because at the end of the day,
• 52:50
  does anyone care, right? You look around and that's what
• 52:53
  does it affect my life that do I care?
• 52:55
  And I wanted you mention this earlier too.
• 52:57
  And again, I don't know if this is offline or at the beginning
• 52:59
  of the show, but people just generally don't care if it
• 53:01
  doesn't affect their life and their it doesn't affect them
• 53:04
  watching Monday Night Football and their fantasy sports and
• 53:06
  watching the Kardashians. They don't care, you know, and I
• 53:10
  think we're a little ways away from people truly caring people
• 53:12
  just people aren't hurting that much here in America for all
• 53:15
  intents and purposes. I mean, you see almost people on
• 53:17
  the streets. There are many places we've
• 53:19
  worked at, I've worked at soup kitchens, my wife has worked at
• 53:21
  soup kitchens. There's people there turning
• 53:23
  down meals, turning and being picky about what they, what
• 53:26
  they're getting. I mean, we, we live in such an,
• 53:28
  an unbelievably abundant time, at least here in America.
• 53:31
  And we, you have all the tools you need.
• 53:34
  The 1% or the 10th of 1% need true help.
• 53:37
  Of course they do. And that's always going to
• 53:39
  exist. But we will live in this time
• 53:41
  when most of its entitlement, most of it's is self-inflicted.
• 53:43
  We've done this from the macro, from the top level.
• 53:45
  We've done that to ourselves almost just in a micro.
• 53:48
  So it's our human's going to wake up.
• 53:50
  It's it's life cycles and we're going to get kicked in the face
• 53:54
  and we are getting kicked in the face.
• 53:55
  It's this, this debt problem, right?
• 53:57
  All these things, as we talked about earlier, the divorces,
• 54:00
  the, the broken families, all these things we're, we're living
• 54:03
  through this. We continue doing it to
• 54:04
  ourselves and we choose not to learn.
• 54:06
  We choose to continue to think we are the center of the
• 54:09
  universe. I can build the Tower of Babel.
• 54:11
  I can do all these things. I can, I can be, you know, up to
• 54:15
  the sky and create anything I want all the time in it for in
• 54:19
  in many ways you can, right? It's it's you have infinite
• 54:22
  knowledge technically, and you can do these things, but you
• 54:25
  have to have some humility. And at the end of the day,
• 54:27
  there's nuance and there's humility that we as humans have
• 54:30
  to have because we aren't, you know, news flash, we are not the
• 54:32
  center of the universe. And so many of the problems you
• 54:35
  see, whether it's this fight between good and evil and it's
• 54:37
  people thinking that they are lot of it's selfishness, right?
• 54:40
  It's entitlement, selfishness, thinking that we are the the
• 54:44
  centers of the universe and doing things that will affect
• 54:47
  others in a negative way or whatever it might be.
• 54:49
  So I don't know, It's just, again, this is the thing I've
• 54:52
  been thinking about. I told you guys offline that
• 54:54
  it's, you know, we, we tend to get caught up in these in
• 54:56
  headlines and all these different things.
• 54:58
  But at the end of the day, again, it's, it makes me think
• 55:00
  of of actually I'm, I'm not going to share the story.
• 55:03
  So when I we won't do it, maybe for another time, but anyway,
• 55:08
  it's, that's, that's a fight we're in.
• 55:10
  And until we really start realizing that this, we will
• 55:13
  continue to be chasing our tail and have this again.
• 55:17
  The, the thing I'll leave with this segment here is why do we
• 55:20
  continue as human beings? You have thousands of years of
• 55:22
  history, history books, you know, all these different
• 55:25
  things, this knowledge that we have at our disposal.
• 55:27
  How do we continue to make the same mistakes over and over and
• 55:31
  over again? I'll leave the listener to
• 55:32
  answer that on their own. Let's go Brandon, Brandon with
• 55:39
  an epic rant we weren't getting. We said we were going to might
• 55:41
  get a little tinfoil hatty on today's show, but I think
• 55:44
  Brandon took the took the cake there.
• 55:45
  Not to say it was tinfoil hat, but for some people might be
• 55:48
  outside the Overton window. Anyways, I really do want to
• 55:51
  jump into the culture and and chat with Roger about all the
• 55:53
  work he's doing. So let's just jump right into
• 55:55
  that. Of course, guys, we got to pay
• 56:10
  the bills here. So make sure you go to
• 56:11
  orangeapp.com stack friends who stacks sats.
• 56:13
  As we are constantly telling you on the show, we have, you know,
• 56:18
  two futures ahead of us and and Roger touched on it earlier
• 56:21
  where you have one where it looks like we're heading into a
• 56:23
  digital dystopia. And you probably want to have a
• 56:27
  lot of like minded people around you so that you don't get ratted
• 56:30
  out to get sent to the gulag. So get on the Orangepool
• 56:32
  app.com, make sure you are connecting with other big
• 56:35
  corners, getting these relationships off the Internet
• 56:38
  and into meat space. Or there's the other side, the
• 56:41
  more hopeful bright orange future side of this that big
• 56:44
  corners will eventually have all the capital and we will be the
• 56:47
  new financial elite. And therefore you want to have
• 56:50
  like minded people around you so that you can build communities,
• 56:53
  build businesses and connect with other people that really
• 56:56
  get what's going on in the world.
• 56:57
  So make sure you stack friends who stack stats.
• 57:01
  Okay, moving on. And first and foremost, Roger
• 57:04
  before. Before we plug this, I'm.
• 57:06
  I'm gonna. I'm gonna.
• 57:07
  Plug this article for you guys. Everyone in the chat right now,
• 57:11
  make sure you go to. Forbes and look up for this
• 57:13
  article give it a read. Telegram and YouTube censorship
• 57:16
  show Bitcoin and Noster are critical and This is why we got
• 57:19
  Rodger on the show in the 1st place because after we got de
• 57:23
  platformed, you know there was a hiccup on YouTube and you guys
• 57:27
  know the story. We saw this.
• 57:29
  Article the next day and we were we were blown away just to be
• 57:34
  named in the context of the Telegram arrest you know the the
• 57:38
  crazy censorship going up RFK Junior's epic speech in regards
• 57:42
  to censorship and just to have little old simply Bitcoin a part
• 57:46
  of that we were like man this is this is incredible it's it's
• 57:50
  really the timing of everything that happened that probably made
• 57:53
  it so impactful and the importance of everything going
• 57:56
  on. So Rodger, on that note, maybe
• 57:59
  let's talk about what you know, you already said it earlier.
• 58:01
  What what you like to focus on what I do want to give you an on
• 58:05
  air. Thank you for writing this
• 58:07
  article. Really appreciate it, bro.
• 58:09
  And yeah, just let's let's talk about what you do over at
• 58:12
  Forbes, all the contributions that you have and and what your
• 58:16
  goal is as. A fellow Bitcoin propagandist.
• 58:20
  Yeah, I mean, it was on the Bitcoin propaganda train.
• 58:22
  So I started off writing about Bitcoin in 2014 and my thing
• 58:26
  right now is about writing about like where Bitcoin is being used
• 58:30
  and where Bitcoin needs censorship or where, you know,
• 58:35
  there's like freedom of speech issues or things like that.
• 58:38
  So people are censored, so they have to use platforms like
• 58:40
  Noster. So I believe that Bitcoin and
• 58:43
  Noster are the future. We're talking about mutual
• 58:45
  platforms that nobody can censor.
• 58:47
  No country can censor. That's like e-mail or anything
• 58:50
  else. Nobody could ever take down
• 58:52
  e-mail. Nobody could ever take down the
• 58:53
  Internet. Nobody can ever take down
• 58:55
  Bitcoin and Noster. So to me, that's kind of like
• 58:58
  been a focus. So I wrote this book on Bitcoin
• 59:00
  in China. It's called would now hold
• 59:03
  Bitcoin and the whole idea of that was just to do research on
• 59:07
  the most aggressive state enemy of Bitcoin with the most
• 59:13
  advanced surveillance, you know, where people are being censored,
• 59:17
  you know, for what they're talking about.
• 59:19
  People have been jailed for, you know, tweeting about glory to
• 59:22
  Hong Kong with 40 Twitter followers.
• 59:25
  I was in Hong Kong during the protest 20/14/2019 trying to do
• 59:29
  some underground journalism and actually interview people about,
• 59:33
  you know, what their thoughts were on Bitcoin and things like
• 59:35
  that as they were looking to protest.
• 59:38
  And sad to say that many of those are now in jail.
• 59:43
  Many of those people, including the Hong Kong 47 who are still
• 59:46
  in prison to this day. So that's kind of the
• 59:49
  background. But really what I've been trying
• 59:52
  to stress lately, and I've been trying to write this, not only
• 59:54
  Forbes Bitcoin Mag, you know, the conventional kind of places,
• 59:57
  but also in different places. You know, like you could call
• 1:00:01
  mainstream media, I guess, like Associated Press and all those
• 1:00:03
  other things is that there is this need because for example,
• 1:00:10
  you know, when you have Bitcoin and when you have Noster, right?
• 1:00:17
  You're allowed to just express yourself.
• 1:00:20
  You don't have to fear being censored or being surveilled for
• 1:00:24
  your financial charge. I also highly encourage everyone
• 1:00:27
  to like if they can, I know sometimes it's hard, but like,
• 1:00:31
  you know, if you get on a start 9 or an Umbrel, like run your
• 1:00:33
  own node and things like that. Like this is where it really
• 1:00:36
  matters. I write so much about people who
• 1:00:39
  are, you know, censored, like Russian dissident organizations
• 1:00:44
  that like they no longer have access to their banking
• 1:00:46
  accounts, like Nigerian protesters are getting shot at
• 1:00:50
  and things like that. In Bangladesh, they had the
• 1:00:52
  Internet got taken down and like 200, 300 people died of the
• 1:00:58
  student protesters and people were like still messaging me
• 1:01:00
  about what was going on even though the Internet was gone
• 1:01:03
  down, right? So these are the kind of
• 1:01:04
  situations when you think about freedom on the line and the
• 1:01:07
  tools that you need, the VPN, the security, the privacy, the
• 1:01:10
  ability to be able to transact money and raise funds even
• 1:01:13
  though, you know, state authorities don't like it.
• 1:01:15
  The ability to be able to talk to other people about what's
• 1:01:18
  going on. Like this is where Bitcoin and
• 1:01:20
  Austria are so critical. And one of the big things, I
• 1:01:23
  know I wrote a book about Bitcoin and China, but I've been
• 1:01:25
  trying to tell people through the articles and everywhere else
• 1:01:28
  that this isn't just a China thing.
• 1:01:30
  I think it's like really easy to be like, oh, China dystopian.
• 1:01:34
  You know, obviously CCPs like running around.
• 1:01:36
  There's cameras everywhere. They did to the Uyghurs and
• 1:01:39
  everything terrible, but, you know, coming to a place near you
• 1:01:44
  maybe. And that's what I've been trying
• 1:01:46
  to stress to people like some like the things that you condemn
• 1:01:50
  in like other governments for we have to be on watch for there's
• 1:01:53
  a trucker protest. They're freezing funds in
• 1:01:56
  Telegram with France, right? Like they arrested the founder
• 1:01:59
  of a company because they were trying to modify the company's
• 1:02:03
  policies to be more in the state's interest.
• 1:02:06
  They're trying to take end to end encryption down.
• 1:02:08
  I've been writing a lot about this.
• 1:02:10
  You know, they're trying to stop the ability for people to be
• 1:02:12
  able to talk to one another without prying eyes.
• 1:02:16
  And they're always going to say like the worst things about it,
• 1:02:19
  right? They're going to be like, oh,
• 1:02:20
  well, there's child pornography on the Internet.
• 1:02:22
  So therefore, you know, you can never have end to end
• 1:02:25
  encryption. The Europeans are trying to put
• 1:02:27
  up surveillance on every client side device, you know, like you
• 1:02:32
  log in and it has like image recognition of all your images
• 1:02:35
  in order to solve these problems.
• 1:02:36
  What it comes down to is this root of like all these different
• 1:02:40
  governments, right? They just don't trust people.
• 1:02:43
  They're people and they're trying to implement as many
• 1:02:46
  tools of surveillance and power as possible.
• 1:02:49
  And so even though China is the most aggressive example, and
• 1:02:52
  they've gone after like I talked to Will of like Domus on Noster,
• 1:02:57
  they've banned the Domus app, They banned the relays, right?
• 1:03:00
  They like made it so it's like illegal to trade on exchanges.
• 1:03:03
  So they are a country that has been the most aggressive about,
• 1:03:08
  you know, trying to implement digital surveillance and fight
• 1:03:12
  freedom tech tools. But other countries are also
• 1:03:15
  watching. And I will say that in some
• 1:03:17
  countries, you know, you're seeing like facial recognition
• 1:03:20
  being used, cops coming in the United Kingdom and stuff like
• 1:03:24
  that. In other countries around the
• 1:03:26
  world, you know, there's, there's examples of like Iran,
• 1:03:29
  for example, you know, they're automatically withdrawing money
• 1:03:33
  and, and accounts. And one of the things I tell
• 1:03:35
  people is during the Hong Kong protests, what ended up
• 1:03:37
  happening is they ended up freezing the bank accounts.
• 1:03:39
  That was like one of the first things that happened.
• 1:03:41
  And so it was almost impossible to raise funds.
• 1:03:43
  And so that's the first way they go after you for that.
• 1:03:46
  So that's been top of mind for me.
• 1:03:50
  I, I, I just, I'm always thinking that there's just so
• 1:03:56
  much and, and I want to tell people like for me, it's really
• 1:03:59
  important that there's like 100 articles that go over and like,
• 1:04:04
  try to make it like a mainstream thing.
• 1:04:06
  And I saw this with the digital yen.
• 1:04:07
  So I wrote a lot about the digital yen, which is kind of
• 1:04:10
  like the Chinese version of central bank digital currency,
• 1:04:12
  probably the most advanced central bank digital currency in
• 1:04:16
  the world right now. It's implemented in 29 cities.
• 1:04:19
  And I was always like, this is such a negative thing, like
• 1:04:22
  you're just giving the government directly the ability
• 1:04:25
  to be able to control your money, to surveil your money.
• 1:04:29
  You know, originally when Hal Finney talked about Bitcoin,
• 1:04:32
  this is exactly dystopia that he was hedging against.
• 1:04:35
  And it's happening live. And the thing with that is that
• 1:04:38
  other countries are watching what China's doing.
• 1:04:41
  And even rivals to China, like India and other places, Nigeria,
• 1:04:44
  they're thinking of implementing it.
• 1:04:46
  And they're implementing it by force.
• 1:04:47
  They're forcing people to implement CBDC's because they
• 1:04:51
  know people don't actually want it.
• 1:04:52
  And in China itself, for example, not that many people
• 1:04:54
  are adopting the digital yuan. But you have the Chinese state
• 1:04:57
  media in Nigeria. You have like law enforcement
• 1:05:00
  in, in China, you have law enforcement that will arrest you
• 1:05:03
  for trading, you know, Bitcoin or Tether or anything else.
• 1:05:08
  And so the state is right now at this moment where it's trying
• 1:05:12
  every state in the world, I'm trying to say China just happens
• 1:05:15
  to be the most aggressive and the easiest to point to.
• 1:05:17
  But your country, the United States, Canada, all these
• 1:05:20
  different places, they are trying to take advantage of
• 1:05:24
  technology and try to create a system of control and political
• 1:05:29
  power that entrenches political structure.
• 1:05:33
  I mean, I can almost say forever or endlessly, right?
• 1:05:36
  Because if you know how people spend, if you know how people
• 1:05:38
  think, that's when you can control people perfectly.
• 1:05:43
  So that's just trying to get the word out there.
• 1:05:45
  You're going to see some articles from mine.
• 1:05:47
  It's more like technical and stuff like that.
• 1:05:48
  It's going to be more like, hey, like here's how OTC desks in
• 1:05:51
  Asia work. You know, I'm trying really hard
• 1:05:53
  to understand like what's happening with Bit main and
• 1:05:55
  Tether and China. And like, you know, how do
• 1:05:58
  Chinese people use Bitcoin? And that's actually also another
• 1:06:00
  thing that's really cool. It's like in Noster and Bitcoin,
• 1:06:03
  even though Chinese people have been some of the most surveilled
• 1:06:06
  and, and, and one thing I always tell people is like the Chinese
• 1:06:09
  people want the state, you know, totally separate.
• 1:06:12
  And Chinese people think very differently.
• 1:06:14
  And Chinese people, they love to troll.
• 1:06:16
  They love to like define in different ways, taking a lot of
• 1:06:19
  different risks as well. And you can see some of them on
• 1:06:22
  Noster. They're like part of our
• 1:06:24
  community, which is so cool to see, even though there's a lot
• 1:06:27
  of penalties that can be assigned to them.
• 1:06:29
  They're going out there, they're trying to learn about Bitcoin,
• 1:06:32
  they're trying to learn about Noster, they're going on Noster.
• 1:06:35
  And they're actually like teaching each other how to like
• 1:06:38
  get across from a great firewall, get across from like
• 1:06:41
  censorship. They're teaching people like you
• 1:06:43
  can download apps directly from the APK, the Android package
• 1:06:49
  thing. Because basically in, in China,
• 1:06:51
  Apple, all these big tech companies, you know, they, they
• 1:06:54
  always put on this like moral face.
• 1:06:56
  And I always had a big problem with Google.
• 1:06:57
  That's why I had no problem going hard on Google in that
• 1:06:59
  article because they, you know, they just, they are there to
• 1:07:03
  make money and they are there to collaborate with the state.
• 1:07:05
  That's just like the end of the end of that discussion.
• 1:07:07
  And Apple and Google have always collaborated with the Chinese
• 1:07:10
  state to a certain degree. You know, Google had this
• 1:07:12
  project where they tried to create a censored version of
• 1:07:14
  search engine and Apple has taken down like I think 1000
• 1:07:19
  apps because the Chinese government has asked it to do
• 1:07:21
  that, right? So these big companies countries
• 1:07:25
  are used to like regulating these different companies,
• 1:07:27
  right? And these companies are just
• 1:07:28
  trying to make money. I don't, I don't want to be
• 1:07:30
  like, you know, like maybe this is a bad metaphor, but you know
• 1:07:33
  how the Joker says like you need a better class of criminal or
• 1:07:36
  something like that. You need a better class of, of
• 1:07:38
  money. You need a better class of like,
• 1:07:40
  you can't just have these like big tech companies that are
• 1:07:43
  literally their only ideals are to make money and defer to state
• 1:07:46
  power, which is ridiculous, right?
• 1:07:49
  You see this everywhere with like X, you know, like state
• 1:07:52
  accounts. And I mean, it's got a little
• 1:07:53
  bit better because Elon's like fought back on some governments.
• 1:07:56
  He hasn't fought back on others though, like Turkey, for
• 1:07:58
  example, censored some things on on his behalf.
• 1:08:03
  But when you talk about companies and you talk about
• 1:08:04
  people making money, that's just so easy to put pressure on.
• 1:08:07
  And that's the beauty of Bitcoin and Noster.
• 1:08:09
  There is no CEO of Noster. There is no CEO of Bitcoin.
• 1:08:12
  So countries can't Co opt it and it sort of frustrates them or
• 1:08:16
  confuses them. And then when you have bottoms
• 1:08:18
  up demand from people like us, from people in the community and
• 1:08:21
  across the world, that's kind of like what, what, what fascinates
• 1:08:26
  me. And I'll just end off, I think
• 1:08:28
  I've been ranting like off my head for like maybe like 20
• 1:08:31
  minutes or something. Maybe the chats like going
• 1:08:32
  crazy, but I'm just going to end up with like 2 takeaways.
• 1:08:35
  Hopefully like 1 is like, you know, the fight is here.
• 1:08:40
  Like it's not anywhere else. Like it's not like this far away
• 1:08:44
  country. Oh, like China is such a
• 1:08:45
  dystopia. It's a digital dystopia.
• 1:08:47
  Like some of these measures, other countries are learning
• 1:08:50
  from China because the nation state just wants to grab as much
• 1:08:53
  power. The political class wants to
• 1:08:55
  grab as much power as possible. Economic elites want to
• 1:08:57
  understand, they want to use the Internet as a way to control
• 1:09:01
  people and control what they spend and control their habits.
• 1:09:04
  And I think this is also some of these things you mentioned, you
• 1:09:07
  know, the divorces and everything in terms of society
• 1:09:09
  is because of this, right? It's just this internal
• 1:09:12
  wheelhouse of spending money and trying to enrich the elite.
• 1:09:16
  I think Bitcoin and nostril offer is a way to get out of
• 1:09:19
  that. But I want people to know like
• 1:09:21
  that fight is here. It's not like some far away
• 1:09:23
  thing. It's here and you all are
• 1:09:25
  fighting that fight. And the second take away I'd
• 1:09:27
  have is like, you know, what's really cool is that I spent a
• 1:09:32
  lot of time writing about China, the Chinese Bitcoin scene.
• 1:09:34
  I was like, you know, did a lot of research.
• 1:09:36
  I interviewed some of the Ogs, I've been part of some of the
• 1:09:38
  Twitter Spaces. And yeah, there's a lot of shit
• 1:09:40
  coining that happens and I'm gonna lie, but it is really cool
• 1:09:44
  to see that global, global community.
• 1:09:48
  And you like, the more that Bitcoiners realize, like, you
• 1:09:52
  know, we all have some of the same principles, some of the
• 1:09:56
  same ideals for how we want the Internet to go, how we want to
• 1:09:59
  control our own spending, how we want to control our own
• 1:10:02
  decisions. You know, together we're
• 1:10:04
  stronger. And I just want to encourage
• 1:10:06
  people to not just like, you know, get to know other
• 1:10:09
  Bitcoiners and other places around the world, because we're
• 1:10:12
  kind of like in all these different countries and living
• 1:10:15
  in all these different situations, but we're kind of
• 1:10:18
  building ourselves, our own community and our own nation.
• 1:10:21
  So just yeah, putting it out there.
• 1:10:23
  So hopefully that that's, that's my, that's my 20 minute rant.
• 1:10:27
  Let's go. No, Rodger.
• 1:10:29
  That was great. That was great.
• 1:10:31
  A lot to take away from that that that.
• 1:10:33
  I think it's a message that we do need to get across to people,
• 1:10:35
  the urgency of what is actually happening because it is
• 1:10:38
  happening behind the scenes. And if you're not paying
• 1:10:41
  attention, you're, you're not really understanding what's
• 1:10:44
  happening. And I you, I think you laid it
• 1:10:45
  out great in that rant. But there is one more thing we
• 1:10:48
  are getting kind of to the top of the show.
• 1:10:50
  But before the show, we did kind of talk about what is going on
• 1:10:54
  in not only Bitcoin in America, but the response or the game
• 1:10:58
  theory we're seeing coming out from other nation states because
• 1:11:01
  Trump came out being pro Bitcoin.
• 1:11:03
  And I think you have a good insight of what is happening say
• 1:11:06
  in China or any anywhere around the world since this and whole
• 1:11:10
  pro Bitcoin stance is happening. So let's do a a little RIP on
• 1:11:14
  what what your thoughts are on this and the importance of this
• 1:11:17
  happening right now and and where we are in the story.
• 1:11:20
  Sure, sure. Yeah.
• 1:11:21
  I wrote an article about it on Forbes.
• 1:11:23
  It's like the China price bump thing.
• 1:11:25
  Like the short of it is like, I don't think China's gonna unban
• 1:11:28
  and turn away from CBDC's or central bank digital currencies.
• 1:11:31
  But like, for example, there was a Hong Kong professor that wrote
• 1:11:35
  like banning Bitcoin mining was like a terrible mistake because
• 1:11:38
  now all the tax revenue that could have gone to like the
• 1:11:41
  Chinese government, local governments, especially they're
• 1:11:43
  struggling, is now going to the United States.
• 1:11:46
  And one thing that I should tell people forget the Chinese state,
• 1:11:50
  like the Chinese economy is suffering.
• 1:11:52
  It's it might have the lowest growth since 1976, which is when
• 1:11:55
  Mao died. And so Chinese people are
• 1:11:58
  looking for a life raft and a lot of them are finding it in
• 1:12:01
  Bitcoin. And so that's just something to,
• 1:12:04
  to think about as well. So forget the state for a while.
• 1:12:07
  But I do think if Trump gets elected, I think that, you know,
• 1:12:15
  the Chinese party states #1 priority and other countries
• 1:12:18
  priority as well. They, they probably have like 20
• 1:12:21
  or 30 people, maybe 1000 or 10,000 people monitoring what
• 1:12:24
  Trump says and does. And she's trying to make sense
• 1:12:26
  of it. Like at any given time, it is
• 1:12:27
  the number one foreign policy kind of directive for the
• 1:12:32
  Chinese Party state is to understand how AUS president
• 1:12:36
  might act on any number of different issues.
• 1:12:38
  And so now they're seeing him like go to pub key.
• 1:12:40
  Yeah, I was going to make a joke because I spoke at pub Key
• 1:12:43
  actually a week before. I was like, I wonder how many
• 1:12:45
  Chinese intelligence agents were like if it was much more, if it
• 1:12:48
  was like much less or like, I don't know, maybe.
• 1:12:51
  I like to think that there's maybe one or two, you know,
• 1:12:53
  Chinese intelligence agents watching, you know, the
• 1:12:55
  background. Shout out if so, but like, but
• 1:13:01
  they are watching, you know what Trump says, like every little
• 1:13:04
  thing he does. So him going to that to Bucky is
• 1:13:07
  going to be a big deal. You know, they're going to
• 1:13:09
  understand that it's like, oh wow, like why is he doing that
• 1:13:12
  right? And so I don't know that it's
• 1:13:15
  going to necessarily create a lot of check.
• 1:13:16
  I think you're going to see like some other countries.
• 1:13:18
  I think it's like if you get like a bunch of countries at
• 1:13:20
  once to be like, Hey, the states is embracing this, so it's cool.
• 1:13:24
  So you might think of like an Argentina, right?
• 1:13:26
  You might think an Argentina's kind of like, you know, a little
• 1:13:29
  bit, although they're a little bit more like ETH shit coin
• 1:13:32
  friendly. But like, you know, now they're,
• 1:13:33
  they're looking at, well, the states is doing this.
• 1:13:35
  So maybe this is like kind of like a smart play, right?
• 1:13:37
  We want to align with the states when it comes to that.
• 1:13:39
  And Malay has been like really big on like align with the
• 1:13:41
  states. I think he's also got some
• 1:13:43
  favoritism with like Trump. You know, if you had like some
• 1:13:47
  other countries that are kind of taking a look, you know, it
• 1:13:49
  might be like countries like Paraguay where there's a lot of
• 1:13:51
  Bitcoin mining happening right now.
• 1:13:54
  You know, they're really aligned with the US and so they really
• 1:13:57
  do watch what the US does. And if you have a pro Bitcoin
• 1:14:01
  president, one thing I know is, or I've heard is that just
• 1:14:05
  because Trump has been making these positions, people in the
• 1:14:09
  American policy making kind of apparatus have been a little bit
• 1:14:13
  more tentative. They might have attacked Bitcoin
• 1:14:15
  a little bit more fully. But you see, like Harris has to
• 1:14:17
  at least pay lip service. It's all this stuff, right?
• 1:14:20
  I personally think it's a little bit bullshit, but like, at least
• 1:14:23
  she has to pay lip service to not, which is still like a step,
• 1:14:27
  right? But the thing with all that is
• 1:14:31
  like all these countries that are kind of on the edge, they're
• 1:14:34
  going to start taking a look. So they might start saying like,
• 1:14:36
  hey, instead of letting Bitcoin miners take our power for
• 1:14:39
  Paraguay, we might just try to mine like Bhutan and try to get
• 1:14:42
  a reserve or we might try to legalize, you know, Bitcoin in
• 1:14:46
  this. There's also like Maya who's
• 1:14:48
  running for president like Cerny.
• 1:14:50
  So like there's like these like bottoms up Bitcoiners who are
• 1:14:53
  running for politics, which is kind of interesting as well.
• 1:14:57
  And then there's like the top down where nation states are
• 1:15:00
  kind of taking a look at the United States takes a position
• 1:15:03
  on this, especially a strongly +1.
• 1:15:05
  I think you're going to see a bunch of nation states take on
• 1:15:08
  different positions. And I think you're what you're
• 1:15:10
  going to start seeing from China is probably signs that they
• 1:15:12
  think like maybe we need to experiment, especially with Hong
• 1:15:15
  Kong, which has the spot Bitcoin ETF and all those other things.
• 1:15:18
  Not the biggest fan of the spot Bitcoin ETF's by the way, but
• 1:15:21
  that is kind of like an experimental ground of trying
• 1:15:23
  there. And so I think you're going to
• 1:15:25
  see some of that discourse. And so you're probably going to
• 1:15:28
  see some favourable headlines from China also.
• 1:15:30
  Like, I don't really think like China like that was also like, I
• 1:15:33
  mean, that's like a meme as well, right?
• 1:15:35
  Like how many more times can China ban Bitcoin?
• 1:15:37
  They can, they can, they can go after people.
• 1:15:39
  They haven't done that yet. They haven't like they say like
• 1:15:42
  holding Bitcoin is still legal. They can still like do a really
• 1:15:44
  draconian thing and try to figure out if you've ever had
• 1:15:46
  Bitcoin in your life and like just snatch you up and like
• 1:15:49
  seize your Bitcoin. Like they could be doing that.
• 1:15:51
  So it could there could be more of the China bans Bitcoin meet.
• 1:15:56
  They did that in Xinjiang actually to the Uyghurs.
• 1:15:58
  They just said like legitimately Bitcoin is like forbidden for
• 1:16:01
  all Uyghurs, which is kind of also really dystopian.
• 1:16:05
  But that hasn't happened yet. But like, yeah, so I think
• 1:16:07
  you're going to start seeing, like, more favorable headlines
• 1:16:09
  from China. Love it Roger, love it.
• 1:16:11
  Well, great insights, great insights here.
• 1:16:14
  But we are running a little long guys, so forgive me, but I am
• 1:16:18
  going to ask Roger to do what is your last two sets for the
• 1:16:22
  audience? What's the final message you
• 1:16:23
  want to leave with everyone watching the show?
• 1:16:26
  Yeah, I'm sorry about the memes. I guess I'm just looking at.
• 1:16:30
  The chat, it's my fault, it's my fault.
• 1:16:32
  I'll take, I'll take the licks for that one.
• 1:16:34
  So yeah, I don't apologize. I'll deal with it.
• 1:16:38
  RIP means I just like, you know, ranting my head off.
• 1:16:40
  No, I mean just like 2 takeaways, like 1 is just like
• 1:16:43
  you don't you don't think it like even these small things,
• 1:16:46
  just like being part of the community, like you know, you
• 1:16:49
  all are saying like you were being humble, like simply
• 1:16:51
  Bitcoin is proud of creating Bitcoin content and that's
• 1:16:55
  really hard in a world that is like against Bitcoin content.
• 1:16:59
  I can't stress enough, having ridden for a lot of different
• 1:17:02
  sources, it's not necessarily like super malicious or
• 1:17:04
  something, but there's so many people against Bitcoin in the
• 1:17:08
  writing and the news scene. So to have people on there,
• 1:17:11
  that's so important. And yeah, let me, yeah.
• 1:17:14
  Why don't we just do the takeaways out there?
• 1:17:15
  Free the Hong Kong 47, free Ross Day one, you know, free all the
• 1:17:20
  political prisoners out there, you know, keep Bitcoin strong.
• 1:17:24
  Use Noster. If you're not on there already,
• 1:17:26
  try out the Lightning Network. Get on Lightning nodes.
• 1:17:29
  Let's fucking go. Let's go, let's go.
• 1:17:34
  All right, before, before I move on, Roger, where can people find
• 1:17:38
  you? You know, people like your rant.
• 1:17:40
  So where where do you want to direct everyone to?
• 1:17:43
  And then we'll wrap. Up today's show.
• 1:17:45
  I see, I see Terrence Yang is in the audience.
• 1:17:47
  So shout out to Terrence Yang. Let's go, let's go, let's go.
• 1:17:54
  But yeah, you can find me on let's let's say Noster first
• 1:17:58
  like Loki at noster-verify.com. And I saw simply bitcoins coming
• 1:18:03
  onto Noster. So like.
• 1:18:04
  Yeah, we're on ZAP streams right now.
• 1:18:07
  Yeah there, that's where we go so I'll try to amplify that
• 1:18:09
  right now. You know, X is also OK too, like
• 1:18:13
  Rodger H 1991. Unfortunately, I kind of I
• 1:18:15
  fucked that up. I put my birth year there so
• 1:18:18
  myself, but people, people, people go, you know, like all
• 1:18:21
  right, you can follow me on both and yeah, that's and the book
• 1:18:25
  is, you know, wood mouth hold Bitcoin that's kind of like
• 1:18:27
  around and you can paint sets or I'm actually like doing a
• 1:18:30
  physical tour. So if any of y'all are in like
• 1:18:32
  London or Calgary or other different places, I'll holla if
• 1:18:37
  you if you follow me, you'll find me in those places.
• 1:18:39
  So hopefully we can, like, interact in person and, you
• 1:18:42
  know, I can be even more out of pocket than I am here.
• 1:18:44
  We didn't talk about, you know, when I was at pub key.
• 1:18:46
  I was talking about like, you know, like the meth culture in
• 1:18:49
  China and like, how like, picking meth and stuff.
• 1:18:53
  But that's all. That's all.
• 1:18:59
  Yeah. But I can't, I can't get you
• 1:19:00
  all, like, struck and down or something.
• 1:19:03
  Yeah, Not again, don't. You can't.
• 1:19:07
  You think more content? For the censorship man.
• 1:19:10
  I mean, man, love it, Roger. Well, man, really appreciate you
• 1:19:13
  coming on. I'm gonna pull you up, pull you
• 1:19:15
  back scene, hang out for a moment while I wrap up the show.
• 1:19:18
  But really appreciate you coming on and I I think you have some
• 1:19:21
  great signals. So appreciate you again for I
• 1:19:23
  think the third time. I thank you.
• 1:19:25
  Appreciate you for the article, but man, kudos to you for
• 1:19:28
  everything you're doing. We are in the trenches as the
• 1:19:30
  Bitcoin propaganda department. Let's go.
• 1:19:33
  All right, Rodger, let me pull you behind the scenes.
• 1:19:35
  Brandon, thank you for Co hosting with me.
• 1:19:39
  I'm going to do it the same thing for you since I did have
• 1:19:42
  to, you know, minimize stuff. There's a lot of stuff here.
• 1:19:44
  I'm going to give you the last two sets.
• 1:19:46
  What's the last message you want to leave with the audience?
• 1:19:48
  And then we'll wrap up today's show.
• 1:19:51
  Yeah, it's been an incredible show and we need people like
• 1:19:54
  Rodger. And again, I would I would say
• 1:19:56
  that probably all the people here watching everyone same
• 1:19:59
  boat, right? And we're here for a reason.
• 1:20:01
  You know that calling that pole inside you in your heart, you
• 1:20:05
  feel it, we all feel it and that's why we're here.
• 1:20:08
  If you have a question why you're on Earth, that is why I
• 1:20:11
  would just say again, Bitcoin and Oster Rodger just talked
• 1:20:13
  about those. We had the greatest tool, social
• 1:20:15
  media, everyone looks at it in a negative light.
• 1:20:18
  It's it's really positive, right?
• 1:20:19
  All these things are. We know about these things now
• 1:20:22
  because of. Bitcoin and and Noster and
• 1:20:24
  social media and just in general and technology we are we live in
• 1:20:27
  the greatest time in the world and because we have the ability
• 1:20:30
  to do things we never could before not going to space right
• 1:20:34
  it's it's knowing the things are going on around the world.
• 1:20:37
  We don't need to involve ourself in every single thing, but it
• 1:20:39
  gives us the awareness as Roger said, hey a foreshadowing of
• 1:20:42
  what's coming. You know hope this is going on
• 1:20:44
  over here. I got to stand on guard for what
• 1:20:46
  might be happening over here. So we have that now we have that
• 1:20:48
  ability and we're seeing that. That's why there's so much
• 1:20:50
  dissension. That's why the elites, I
• 1:20:52
  shouldn't say elite, sorry, the ruling class is, is having such
• 1:20:56
  a hard problem and clamping down so much because they're at the
• 1:20:58
  end of the rope. It's it's done.
• 1:21:00
  The, the ticker is running down. There's not much time left for
• 1:21:03
  them. And, and the people are now
• 1:21:05
  taking over. And, and someone who was
• 1:21:06
  mentioning the Declaration of Independence in the chat.
• 1:21:09
  And boy, is that a phenomenal, phenomenal document.
• 1:21:12
  And if, if you haven't read it, I would go read.
• 1:21:13
  It's only a few pages. I just read it two months ago to
• 1:21:16
  the kids for their night time, the, for Independence week here
• 1:21:19
  in America. I read it to them.
• 1:21:21
  That was the most recent time I've read it and it's, boy, is
• 1:21:23
  it just every, every person that should be reading it once or
• 1:21:26
  twice a year, wherever you are in the world.
• 1:21:29
  Bitcoin finally gives us the ability to have those ideals
• 1:21:32
  cemented, you know, in the ether, basically, and give you
• 1:21:35
  that, that independence wherever you are in the world.
• 1:21:38
  Cause before the, you know, Constitution declaration were
• 1:21:40
  really you, you only had to be inside the borders of America or
• 1:21:44
  maybe on an embassy somewhere US ground.
• 1:21:46
  Now we have that ability to do that everywhere and that's a
• 1:21:49
  beautiful thing. So the information getting out,
• 1:21:51
  we have the highest, the high, most highly regarded people in
• 1:21:54
  the world in Bitcoin. And that's what gives me the
• 1:21:56
  most hope. We are absolutely winning and,
• 1:21:58
  and price is just reflection of the education and where we're at
• 1:22:01
  right now. All the things are going in the
• 1:22:03
  background, the hash rate going up, the fundamentals never been
• 1:22:06
  stronger. That continues to the climb
• 1:22:08
  everywhere. So the price will reflect that
• 1:22:10
  overtime. And and that ultimately is that
• 1:22:12
  reflection of education and people starting to wake up.
• 1:22:15
  But we still have some time. There's be crazier and crazier
• 1:22:17
  things to happen again, we are the 3%.
• 1:22:19
  Don't expect everyone to get this because they're not.
• 1:22:22
  And I spent much of my life thinking, oh, this is obvious.
• 1:22:25
  These things, you know, 2 + 2 is 4.
• 1:22:26
  Everyone will get this. No, only 3% of us will
• 1:22:30
  understand it will get it going back, coming forward circle to
• 1:22:32
  the Constitution or to the Declaration of Independence.
• 1:22:35
  There's only a few people that get it.
• 1:22:36
  Don't expect the other 90 to 70% to get it.
• 1:22:38
  We just need to drag them along as as much as we humanly can.
• 1:22:42
  And the, you know, the, the higher authorities, that God,
• 1:22:46
  the, the, the spirits, you know, the human nature or, or Mother
• 1:22:50
  Nature will, will take care of the rest.
• 1:22:52
  So that's, that's my message on this Friday.
• 1:22:55
  I know we didn't get the meme review, but boy I could not be
• 1:22:57
  more hopeful for for where we're headed.
• 1:22:59
  Let's go. Wow, well, I just realized I
• 1:23:03
  haven't been doing the horn much, but we got a few horns in
• 1:23:05
  here today. All right, Brandon, really
• 1:23:07
  appreciate it, man. Go follow Brandon on Twitter,
• 1:23:09
  Brandon under score Genteley and man appreciate you coming off
• 1:23:13
  the bench. I'm going to pull you behind the
• 1:23:15
  scenes, guys. I know, I know I didn't do the
• 1:23:19
  memes, but if I did the memes, we'd be here for like 2 hours.
• 1:23:21
  So I, I got to cut the show short.
• 1:23:23
  It's already long and it's a Friday show.
• 1:23:26
  So hopefully people watch the whole show.
• 1:23:27
  That's the point. I want you guys to watch the
• 1:23:29
  whole show. Make sure we jam pack as much
• 1:23:32
  signal in the show as possible, as much substance in the show as
• 1:23:34
  possible. Once you get in, once you click,
• 1:23:37
  you know, once you click the click bait title, at least you
• 1:23:39
  get some signal here and you realize what's going on.
• 1:23:42
  This is the goal of simply Bitcoin.
• 1:23:44
  I know throw your tomatoes. I'm, I'm hearing all the
• 1:23:45
  criticisms, but hey, it is what it is.
• 1:23:47
  We got to play the game and we got to spread the Bitcoin
• 1:23:51
  adoption. So we love you guys.
• 1:23:53
  We appreciate you guys. Of course, smash the like
• 1:23:55
  subscribe, share this clip it all that good stuff comment.
• 1:23:59
  We we appreciate all the feedback and we're trying to
• 1:24:02
  give you guys the best show possible.
• 1:24:03
  On that note, it is Friday. I know no memes, but get outside
• 1:24:07
  touch some grass, get a workout in, eat some good food, call
• 1:24:10
  your loved ones. Make sure you are not dropping
• 1:24:13
  the ball on what it means to be a good human because yes, you
• 1:24:16
  can argue on the Internet, yes, you can propagandize Bitcoin,
• 1:24:20
  but you also got to be a good person out there.
• 1:24:22
  On that note, guys, we'll be back on Monday with our normally
• 1:24:25
  scheduled show. Nikka will be back and we'll
• 1:24:28
  continue the show like always. All right, guys, peace out.
• 1:24:32
  I will see you on the other side.
• 1:24:37
  You buy bitcoinwell.com, a Bitcoin only platform, on a
• 1:24:41
  mission to enable financial independence.