Latest / Simply Bitcoin / WINNING: Central Bank Calls for Bitcoin Ban | EP 654

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WINNING: Central Bank Calls for Bitcoin Ban | EP 654 · Simply Bitcoin

0:13
Yeah. Welcome to Simply Bitcoin live
0:15
your number one source for the peaceful Bitcoin Revolution
0:17
because our breaking news culture, dramatic Warfare.
0:19
We will be your guide through the separation of money and
0:22
state. Speaking about the separation of
0:24
money and state man are the central Bankers.
0:26
Absolutely terrified. Whether you have Fabio Panetta,
0:30
you know, member of the European Central Bank that's behind, you
0:35
know, the implementation of Central Bank, digital currencies
0:37
over there, you have in freaking out, you know, you have him
0:40
writing all these blog posts, Post me Maddox on Twitter, you
0:43
know, with him walking in the suit, saying why Bitcoin is bad
0:46
and all of it for some reason. There, you know, Central Bank
0:49
digital currency is good. Well, you have very similar
0:52
language and we have a video for you guys that we're going to
0:55
play and this is the head of the Reserve Bank of India which is
1:01
the Central Bank of India and guess what?
1:03
Very similar things, right? Like that you know, Bitcoin and
1:07
and altcoins are dangerous. You know, it's bad.
1:09
It circumvents their ability to control To Terry policy and all
1:13
these things. So that's what they're saying
1:16
at. But the argument that I'm going
1:17
to make to you guys, is this is what winning feels like.
1:22
This is what fear feels feel. This is what fear looks like in
1:25
them. And remember they're used to
1:27
basically, operating in a society or an environment where
1:31
there's absolutely no competition and then Bitcoin
1:34
comes along, it's like haha and they can't kill it.
1:37
They can't regulate it out of existence, the way that they
1:39
were able to even in In totalitarian China, right?
1:44
Even in you know, mainland China, rated estimated that
1:49
according to an article by Mackenzie Seagal has has
1:51
estimated that 20 percent of the Hatchery is still located in
1:54
China even after the band, right?
1:57
So you can't kill this thing. Honey badger doesn't want to go
1:59
away, but watching them squirm and in the process and then
2:04
squirming, they're revealing a lot, they're revealing their
2:06
cards and that not only does this apply to, you know, the
2:10
central Bankers, whether that's Indian.
2:11
Europe. This also applies to politicians
2:15
as well. You guys all remember the bill
2:17
introduced by Senator Marshall and Senator Elizabeth Warren,
2:21
that would force software developers in the United States
2:25
to register with the state if they wanted to develop code for,
2:28
for Bitcoin, right? So it's like, but they're what,
2:32
what I believe they're doing is that they're attempting to move
2:34
the Overton window. I don't think it's working,
2:36
right? But they're also trying.
2:37
They're also in the process of attacking Bitcoin.
2:41
They're exposing the tyrannical, nature of what the world that
2:46
they want is like, right of which they control.
2:49
They dictate, they get to basically dictate how much, how
2:54
much, how much, what is the amount of how money is, what is
2:58
the inflation rate? What is the monetary policy?
3:01
What is the money supply? That's the world that they want
3:04
for us and the, the world that bitcoiners are advocating for is
3:07
like, hey, no one should control the monetary policy.
3:12
It should be said in stone rules without rulers, and that's
3:16
better. That's better than the world
3:17
that they're advocating for, right?
3:20
But it's just absolutely insane, right.
3:23
It's insane on its head. And then also, during the News
3:27
segment, I'm actually really excited.
3:29
We have, you know, a friend over from luck, seeing mining pool,
3:32
which right now, Jaron please could collect a correct me if
3:36
I'm wrong. It's estimated that Luxor
3:39
represents six to seven percent of the Bitcoin, hash rate, Wait,
3:42
so it's a big player in the space.
3:44
So we have him today and we are going to talk about basically a
3:49
discussion on how Bitcoin mining can incentivize renewable
3:52
energy. And I would even add to that
3:54
Jerry and I would say, not only can it, I think it already has.
3:58
So we're going to talk about that very interesting
4:00
discussion, I'm going to bring them up on stage.
4:02
Jaron, how you doing? Welcome to Simply Bitcoin.
4:05
We are super happy to have you. Thank you.
4:08
I'm doing great. They're really happy to be
4:11
invited. Well, happy to have you and of
4:14
course my legendary co-host. Always optimistic.
4:17
How you doing optimi? I am doing wonderful.
4:20
What's up Jer and what's up everyone out there?
4:23
Happy to be back. Yeah man, it's like you said,
4:26
it's almost like they're scared out there.
4:28
It's almost like the central Bankers know that Bitcoin
4:31
continuously stays winning. And then of course in the
4:34
culture, it's a holiday out there and it's Martin Luther
4:38
King day. And so I'm gonna do some Nikka
4:40
jump sing. I'm gonna make the case that
4:42
Martin Luther King would have been a Bitcoin.
4:44
I'm going to use some of his quotes to express.
4:47
What we baked going to say all the time.
4:49
So I don't know. I'm excited for this one.
4:51
It's, it's hard not to get excited over here and simply
4:53
Bitcoin every single day. So let's go, let's go.
4:57
All right everybody, let's start the show.
4:58
Let's do this. The Bitcoin members brought to
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Bitcoin capacity value 109 million.
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U.s. dollars the realize Airy inflation of Bitcoin 1.76
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percent and the market capitalization of Bitcoin 405
6:03
billion dollars with Abby. Anyways, I want to provide some
6:07
context this came out. It came out about 10 hours ago.
6:12
Article from Bitcoin.com says, Indian central bank chief insist
6:16
crypto should be banned. Warns quote, it will undermine
6:20
authority of The Reserve Bank of India.
6:23
The specific quote is the Reserve Bank of India's position
6:26
on. Crypto is very clear, it should
6:28
be banned. And before I give you guys more
6:32
contacts, let's let's let's play the clip and then we'll talk
6:36
about it, okay? This is have Deport initial.
6:39
You know, they have the characteristics of becoming a
6:42
means of exchange that is they can become a means of exchange
6:46
of doing a transaction. And most of it is
6:50
dollar-denominated. So if you allow it to grow
6:53
assume a situation where 20% of our transactions in the economic
6:57
20%, I mentioning an ad hoc number twenty percent of the
7:00
transactions in the economy is taking place through cryptos,
7:03
which are not issued by the Central Bank.
7:05
It is issued by private companies which are placed all
7:08
over the world. The Reserve Bank being, the
7:11
monetary authority of the country as the central bank will
7:14
lose control over the money supply.
7:17
In the economy, we will lose Control over 20% of the
7:21
transactions in our economy. Reserve bank's ability.
7:24
The central bank's ability to decide monetary policy to decide
7:29
on the liquidity of, you know, the level of liquidity that
7:32
needs to be maintained the level of money supply, M3 that has to
7:36
be maintained in the economy. The reserve bank's authority to
7:39
that extent will get undermined. It will lead to a dollarization
7:43
of the economy and please believe me.
7:45
These are not empty alarm signals or empty, you know, I am
7:48
getting This can happen. One year ago in The Reserve Bank
7:52
we had said that this whole thing is likely to collapse
7:56
sooner than later and if you see the developments over the last
8:00
one year, climaxing, NV F DX episode.
8:04
I think I don't need to add. Okay, so a lot of things are
8:08
said there. Another at the very end, right?
8:11
He's doing what Elizabeth Warren was doing is he's using the FTX
8:15
blow up as an excuse. So the whole thing is going to
8:18
collapse will If it's going to collapse then why are you
8:21
calling to batting it? If it's going to collapse on its
8:24
own then what's the point right? It doesn't make sense, right?
8:28
A couple other things. Ready to lose control over
8:29
transactions take away the central bank's monetary policy.
8:32
What is that monetary policy right to set inflation?
8:37
To steal people's money like that?
8:39
What is that monetary policy? And the none of them asked as to
8:42
why people are choosing alternative.
8:44
Like why is that, what is the incentive that people are
8:47
choosing alternatives? Perhaps it's the censorship.
8:50
Perhaps it's the capital controls.
8:52
Perhaps, it's inflation. Maybe people are just sick and
8:55
tired of inflation. Why is that never talked about?
8:58
It's always like we must ban this thing as if you know it as
9:01
if Bitcoin some some type of demon like we must ban this
9:04
thing, we must get rid of this thing because the world's going
9:08
to burn down. I'm going to make the case that
9:11
you like what they're really concerned about.
9:14
And the guy mentioned that there is keeping power and control.
9:18
That's what it's Always been about.
9:19
That's what he's concerned about if he really was concerned about
9:23
the well-being of the people of India, then he would shut down
9:26
the central bank and he would transition to a Bitcoin
9:28
standard. But it's not about that, it's
9:31
about keeping power and control over the people via monetary
9:34
policy. That's what it's about.
9:36
That's what the Elizabeth Warren bills about these.
9:39
People, fundamentally believe, they can run Bitcoin, they can
9:43
run the monetary policy better, and I would make the argument
9:46
that Central planning never works.
9:48
Let's transition to something that has rules without rules.
9:51
You can't control it, but neither.
9:53
Can anyone else, right? Monetary policy set in stone?
9:56
It's a deflationary currency, meaning people's purchasing,
9:59
power will increase over time, but the problem is that the
10:03
government will also lack. The ability that they have right
10:08
now to effectively control the money flows.
10:11
And I think that's something that governments don't want to
10:14
give up. Even if a theoretically makes
10:17
people's body lives, A little bit better.
10:19
Anyways, let's talk a little bit about why he's saying stuff like
10:23
that. According to the article by
10:25
Outlook, India.com, India, ranks 4th in crypto adoption, sees 170
10:30
billion. That 172 billion dollar
10:32
transactions from July 20 21, 22, June 2020 to remember the
10:37
the the crypto tax that they implemented as well.
10:40
And what the unintended consequence of that tax was we
10:43
had a record amount of outflows going out of Indian exchanges
10:47
and going into foreign Changes because people just weren't
10:50
willing to pay that tax, right? This democratizes the world,
10:55
right? No longer do governments have
10:56
this Advantage because this disadvantage because of a
10:59
certain geographical location they have now because in a
11:02
Bitcoin is an internet money because Bitcoin allows you to
11:06
write down 12 words, 24 words and take all of your wealth with
11:09
you. What's going to happen is people
11:11
are going to flow to which to where they're treated best,
11:14
right? This is already happening in the
11:15
United States where California New York are In the Hostile
11:19
towards businesses, right? And they also have very high
11:22
income taxes. So people are leaving and
11:25
they're leaving in droves, and they're going to Texas and
11:27
Florida. Now, imagine that what I just
11:29
described on a worldwide scale, right?
11:31
Katie, the Russian has built an entire business on that but the
11:35
idea of the better flag Theory, right?
11:37
It doesn't make sense for me to stay here.
11:39
Now that, you know, my standard is Bitcoin.
11:41
I could take all of my wealth very easily and government still
11:45
haven't come to terms with this new technological.
11:49
And also, let's talk about incentives as well.
11:51
This is an this is a piece of information from The Reserve
11:54
Bank of India's website Reserve Bank of India dot org and I
11:59
found something. How interesting is this
12:00
government of India? Announced the launch of digital
12:03
rupee. A central bank.
12:04
Digital currency from 2022 to 2023 onwards in the union budget
12:09
place in the parliament, on February 1st, 2022.
12:12
And the budget announced, it was stated that the introduction of
12:15
Central Bank to do a currencies, will give a boost to the digital
12:17
economy. Now, All right, so the, it's
12:21
interesting because you're seeing the same things play out,
12:23
right? You saw the same things play out
12:25
in Europe, right? Where the person who's
12:29
responsible behind the Central Bank, digital currency
12:33
implementation in Europe, right? Was also Fabio Panetta.
12:37
Was also responsible for implementing the Central Bank,
12:41
digital currency there. And he's the one that is hostile
12:44
towards Bitcoin. Also, it seems like the central
12:47
bank to sorry, the Our Bank of India also has a central bank,
12:51
digital currency program. And guess what?
12:53
When sedet Lee the head of the European Central Bank is also
12:57
hostile towards Bitcoin, so they don't want to compete on an open
13:02
market, which currency is best to use.
13:05
People are going to choose what currency that they see fit.
13:08
No, no, they want to stifle competition, they want to kill
13:11
competition, they don't want to compete, they want to use the
13:14
regulatory mode to kill their competition.
13:17
Well now there's competition. Titian, they're not going to be
13:20
able to make it go away. So whatever currency provides
13:22
the best incentive. So the people using it is the
13:26
currency that's going to win.. We're already seeing this
13:29
happen. In Nigeria, the Central Bank,
13:31
digital currency program over there is failing, it's not being
13:34
adopted, the providing all these incentives.
13:37
They just announced the Banning of cash, right?
13:40
To try to force people into Central Bank.
13:42
Digital currencies, it's not working right estimated at 30,
13:45
40 percent of the Nigerian population is has he opted out
13:49
into Bitcoin and shit coins, right?
13:52
So it's all about incentives at the end of the day, right?
13:55
American hotel has that quote. No one's better than their
13:57
incentives. I really fundamentally believe
13:59
that if people have a choice between a currency that can be
14:03
controlled censored and hat steals from them, which is
14:07
inflation. And they have a choice between
14:09
that and the alternative which is a currency that is
14:13
deflationary is censorship resistant.
14:16
Doesn't steal from you. And you know for a fact you can
14:19
store it effectively. If you take Cold Storage of it,
14:22
what do you think? People are going to choose.
14:24
If they had a choice, they're always going to choose the
14:26
better currency, right? The problem that they're having
14:29
these Central Bankers is that they can't comprehend the world
14:33
of which they are not, the better currency by default by
14:35
government regulation, right by law, like this is whatever.
14:39
Now, they have to compete on the open market and have to convince
14:44
people. This is why you should sue
14:46
cbc's. I think they're going.
14:47
To lose. And the reason they're going to
14:49
lose is because governments are always going to want to debase
14:51
because that's how they pay for themselves.
14:53
And governments are always going to control and sensor.
14:56
And if there's an alternative that that doesn't happen in what
14:59
do you think? People are going to flow to?
15:01
Then this is what the peaceful Revolution is all about.
15:03
This is there's a reason it's called peaceful because there's
15:05
no guns, there's no violence. There's no, you know, political
15:09
mishaps here, it's all about people's incentives.
15:13
And my BET right is I think incentives are always going to
15:16
win the day over coax. Version.
15:18
And I think that's really the case here.
15:20
I think that's really what's happening here.
15:22
Anyways, Opti, what are your thoughts?
15:23
And then we'll move on to John? Well, first and foremost, shouts
15:29
out to forget what the guys name is from India.
15:32
But he said crypto way too many times for my liking.
15:36
It's Bitcoin not crypto, come on, get this straight and then
15:40
obviously they're saying the silent part out loud.
15:42
This sounds like capitulation in my mind, you know, in my opinion
15:47
the central Bankers the politicians, they're finally
15:50
agreeing with us that Bitcoin will succeed and not only will
15:53
it. They see will We succeed, but
15:56
they lose control by a result of this bullish AF.
16:00
Let's go. And then obviously like at the
16:03
very end of that video like you mentioned you know they're still
16:07
using the FTX collapse as the low-hanging fruit.
16:09
Like of course, we've been saying this for a while that
16:12
they will use that excuse for as long as people fall for it and I
16:17
really like your framing where you said, the Central Bank gives
16:20
in the politicians. Never talk about why people want
16:22
to use Bitcoin. Like this is what we need to
16:24
always. Emphasize only talk about
16:26
Bitcoin, you know we can we can frame Bitcoin and in a lot of
16:30
ways but I think the best way to frame Bitcoin is why people are
16:34
opting into Bitcoin is because we're tired of getting our, our
16:37
wealthy base because of a small group of Bankers, a small group
16:40
of politicians and Central planners manipulating the money
16:43
supplies. So you know, Nico says that the
16:47
central bankers and the unproductive class as Marty bent
16:50
likes to say, don't want to compete.
16:52
I double down and say that they can't compete and it's It's what
16:55
Nico said, you know, they're so used to having a monopoly on
16:58
money. They're so used to having that
17:00
regulatory, moat that, you know, world record World Reserve
17:04
currency status that, they don't understand what it means to
17:06
compete. And now, we have a free market
17:08
money, which is literally blowing them out of the water
17:11
every single day. Block-by-block, it's becoming
17:14
very obvious to people around the world to the average person
17:17
around the world that Bitcoin is a Superior Savings.
17:20
Technology. Bitcoin is the Superior
17:23
Financial payment tool. And the central Bankers are
17:27
scared like that guy is just pure petrified because he
17:30
understands what we understand. I think this is something I've
17:33
said in the past I'd like to see more politicians and Central
17:36
Bankers like this because at least we know that their fear is
17:41
is transparent and honest they know what we know you know chefs
17:45
how I say it all the time. Shouts out to Brad Sherman.
17:48
He is like the most honest politician out there when he
17:51
goes and calls that Bitcoin is going to destroy their Eon
17:55
effects. And now we have India's Central
17:56
Bankers saying essentially the same thing that if they don't
18:00
try to stifle the competition which is Bitcoin, they will lose
18:04
their position in the world. So again, it's just a Bitcoin
18:08
signal rising to the top and more people will learn this and
18:11
this is why we show up every single day and do our best to
18:14
try to spread that information as far and wide as possible.
18:17
So that the average person understands why we do what we do
18:20
while we ha do why we continue to opt into the Bitcoin Network?
18:25
Amen. Amen to that.
18:26
Jaron, what are your thoughts on this, man?
18:30
I completely agree with everything you said about
18:32
incentives because everything is or human behavior is ultimately
18:38
driven by incentives. And Bitcoin is going to Prevail
18:44
is going to take over the world, no matter how hard the central
18:48
bankers, and the government's try to fight against it.
18:52
And you could see in the eyes of this, you could see Kara In the
18:55
ice, this Indian Central Banker is really, really scared of
18:59
Bitcoin. And I think It ultimately
19:02
understand that because going to take over his country and the
19:06
rest of the world as well. So, of course, the central
19:10
bankers and governments incentives is to fight against
19:14
Bitcoin, but the people's incentives is to use Bitcoin.
19:21
100% 100%. I think you you absolutely hit
19:24
the nail on the head, right? The people's incentives is to
19:27
use Bitcoin and their incentive is to fight back when they want
19:30
Central Bankers, want you to use their shit coin.
19:33
That benefits them versus bitcoiners are like, hey, you
19:36
know, use Bitcoin. It benefits me and you equally
19:39
right? And that's, that's, you know,
19:40
that's a much different conversation.
19:42
The conversation they're saying is, hey, you must use this for
19:45
else, which is just, absolutely ridiculous on its head.
19:48
But anyways, everybody, let's get to the news.
19:49
Let's do it. The Daily News brought to you by
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custody of your Bitcoin. All right, so gerund tweeted
20:29
this out and I thought this this article was appropriate,
20:33
basically talk about this. Oh, Jerry.
20:36
And you treat us out tune in to Simply Bitcoin this week to hear
20:38
a discussion how Bitcoin mining can incentivize renewable.
20:41
Energy production in. Coincidentally, this always
20:43
happens by coincidence. This is an article by Bitcoin
20:46
magazine. Just dropped her friends.
20:48
Over a Bitcoin bag says Bitcoin mining is proving to be A
20:50
Lifeline for Africa's oldest National Park says, wow, why do
20:55
they always give me the hard things?
20:57
Okay. Renuka National Park located.
21:00
In the Democratic Republic of Congo is Africa's oldest
21:03
protected. Space and a testament to the
21:05
biodiversity and natural beauty of the continent but the park
21:08
has faced. Increasing pressure from local
21:10
militia groups that have wage violent attacks on its animals
21:13
and employees all while various problems including the pandemic
21:17
led to an extended closure of the park sutorius which, which
21:20
it claims Represents approximately 40 percent of its
21:22
Revenue a report in the MIT technology review, describes how
21:25
Park director Emanuele did Maru do day has turned to Bitcoin
21:30
mining to monetize the parks abundant natural resources that
21:34
are otherwise stranded in order to preserve the parks existence.
21:38
De Muro de met with Sebastian. Wow, these names owner of big
21:44
block green Services which advised El Salvador on its
21:47
Bitcoin City described how they used to Used to do mining buying
21:52
electricity, it wasn't efficient, the money.
21:54
Maybe goes to oligarchs and Kazakhstan and renuka.
21:58
Well, you see it's saving the park, right?
22:00
So absolutely crazy. And these stories are just
22:04
popping up left and right and it's because Bitcoin monetizes
22:09
stranded energy, energy that was already going to waste and it's
22:13
just a matter of time before, people wake up to this reality.
22:16
We have the example of ConocoPhillips, we have the
22:19
example. Of ExxonMobil, right?
22:22
Using flared natural gas and they're converting that into
22:26
Bitcoin that flare natural gas was going to go to waste
22:29
regardless, right? So they figured out bitcoiners
22:31
are figured out. Hey Bitcoin, monetizes energy,
22:36
that is already going to waste for the first time.
22:38
We can actually give that stranded energy value those
22:42
isolated energy policies we can give it value before.
22:45
There was none was going to go to waste, what it was too hard,
22:48
it was too expensive to transport.
22:50
It was too. Expensive to to store, it didn't
22:52
make sense but because Bitcoin miners are so Nimble, they can
22:56
go to where, you know, they're treated bass or where it's the
22:58
most economical you can go, you can put these anywhere around
23:02
the planet and that completely changes, the energy
23:05
conversation. So Jaron, what are your thoughts
23:08
on this? What are your thoughts on that
23:10
story? And perhaps maybe you have some
23:12
stories that you could tell the audience as well?
23:16
I think it's a wonderful story. I really love to hear when
23:21
Bitcoin it's helping people in particularly Africa because
23:27
Africa, really needs Economic Development.
23:31
And this story, they, they already have the water in the,
23:39
in the National Park. So they constructed a small
23:44
hydropower plant to take advantage of this hydropower
23:48
potential and then the generate energy to feed the Bitcoin
23:53
mining machines with energy. So except for the construction
23:57
cost of this hydropower plant, the energy is basically free and
24:01
it generates a substantial income for this National Park
24:05
which allows them to pay their employees.
24:09
And I think it's it's a great idea and it's a testament to how
24:15
well Bitcoin mining fits together with particularly
24:20
hydropower and other renewable energy sources.
24:24
So, We have to first make the distinction between fossil fuels
24:31
and renewable energy like imma energy agnostic.
24:35
I don't think Bitcoin miners. Have a moral obligation to use
24:39
renewable energy. That's not up to me to decide
24:43
but I still think Bitcoin. Miners are naturally drawn to
24:47
renewable energy. Exactly.
24:49
Because renewable energy sources are way less flexible than
24:54
fossil fuels. Also cures, they can be consumed
24:59
far away from where they are harvested.
25:03
They can be consumed at a later time than they are harvested.
25:09
Well renewable energy resources. They generally needs to be
25:13
consumed exactly. At the moment, they are
25:17
harvested, you can control that the timing of the production and
25:21
you you you can you also need to consume them at the X.
25:26
Location or at least close to the location where you have the
25:30
resource and the Bitcoin mining is a location agnostic process.
25:35
You can set it up and we where it's also an Incorruptible
25:39
process. You can really good start and
25:41
stop it. I just the consumption as you
25:43
want. It's also a modular process you
25:46
can you can design a Bitcoin mining load the size you want
25:51
the smallest Bitcoin mining load in the world is like one
25:55
machine. Which a the consume less than 1
25:58
kilowatt of energy. And then the biggest Bitcoin
26:01
mining load in the world is like several hundred megawatts of
26:07
energy. So tens of thousands of machines
26:10
you can design it exactly the fix the sides of your available
26:14
energy. And until now we have mostly
26:17
seen small scale Hydro projects in Africa, utilizing Bitcoin
26:21
mining, but I think as picked on New Growth figure and it Its
26:26
energy consumption becomes more like like we can more more no
26:32
long-term how much that we become will consume and how much
26:36
become a nurse who will pay for energy.
26:39
Then I think Bitcoin miners will also contribute to financing
26:44
bigger hydropower plants in Africa and Africa enormous
26:49
hydropower potential there. There's only 11 percent of the
26:56
hydropower potential and Africa that it's developed.
26:59
So and only 50 percent of the population in sub-Saharan Africa
27:05
has access to electricity. And this is this is that's
27:09
almost 600 million people and this is one of the most
27:14
energy-rich continents on the planet.
27:17
So, I'm I really believe that that Bitcoin mining could be one
27:25
of the most important drivers for the electrification of
27:29
Africa, do. And like, that is soap, that
27:34
statement that you said is, is so incredibly powerful, right?
27:39
The Bitcoin. And, before I get down that
27:41
rabbit hole because that got me incredibly excited, right?
27:45
Can you talk a little bit about? And I really believe this, but
27:48
I'd love to get your take Jaron, which is that I believe that
27:52
Bitcoin provides much stronger incentives to incentivize the
27:57
development of renewable energy versus government subsidy, which
28:01
is how really renewable energy is funded these days, right?
28:05
A lot of renewable energy is not economically viable by itself.
28:09
It requires those government subsidies.
28:12
Could you talk a little bit about how Bitcoin could
28:14
potentially? Replace those government
28:16
subsidies and just by a mere economics.
28:19
Alone could incentivize the development, the Rd into
28:23
renewable energies, Yes, excesses or west.
28:27
Texas is a perfect example of that's because in the west,
28:31
Texas is one of the most wind and solar rich places on the
28:35
planet. And the west Texas has seen a
28:38
massive development, though, particularly wind power in the
28:42
recent years, when this is due to subsidies Federal subsidies
28:47
by the US government, they they give a production tax credit
28:52
which basically means that they give a certain it.
28:55
Dollar amount or unit of energy. These win-win Farms generates
29:02
and so West exit the scene a much larger roles of wind power
29:11
Duke did subsidies than it would.
29:13
If the markets to the sides, if the market could decide probably
29:17
wouldn't be that much development there because the
29:21
barely lives people, unless Texas.
29:23
What has happened since then? The last few years Bitcoin,
29:28
miners as flocked into West Texas.
29:30
Take advantage of this, basically free wind power, which
29:36
have been developed due to subsidies.
29:39
So we see actually her a situation where subsidies led to
29:45
malinvestment over investment in wind power, in West, Texas, and
29:51
Bitcoin, miners, come in here. And actually Take advantage of
29:56
that, but also fix some of the problem because this wind power
30:01
plants, they don't receive subsidies forever.
30:05
They only receive these subsidies for a few years and
30:08
after this, and these subsidies, they can't receive these
30:13
subsidies anymore and Bitcoin miners hand like provide these
30:17
subsidies by paying for this energy that otherwise would be
30:22
wasted. So we see how Bitcoin mining
30:24
actually He is still on the malinvestment created by
30:29
government subsidies, isn't it? Insane that and a lot of the
30:34
government bureaucrats are now attacking Bitcoin for using a
30:40
lot of that excess energy and they're actually trying to spin
30:42
up narratives on how that's bad. So not only they responsible for
30:47
the misallocation of capital developing energy sources that
30:50
are necessarily going to be used because of their isolated
30:53
nature, right? They also, Attack it because
30:57
those energy sources are being used for something like that.
31:00
What was that at? Where was that going to go in
31:02
the first place, right. So, I find that absolutely
31:05
ridiculous and I don't think they're dumb.
31:06
Like I know I've been, I've had bitcoiners that are in two sides
31:12
of the fence, right? We've had bitcoiners out of like
31:15
they're misinformed, they just don't know any better.
31:17
And then there's bitcoiners that go from the simply side which is
31:20
like they know exactly what they're doing.
31:22
And this is more so about power and whatever.
31:24
So I don't No, we can't tell you that guys.
31:27
For sure you guys, you know, make your own conclusion.
31:29
But what are your thoughts on that Jaron?
31:31
It did you find it as ridiculous as we do, right?
31:33
It's like they're responsible for the build-out of these of
31:36
these sources. They want to push these sources.
31:38
A lot of this path energy policy has been catastrophic for the
31:42
cost of energy to those individuals.
31:45
As is the example of what is happening in Europe, right?
31:49
What, what are your thoughts on all this turn?
31:53
Yeah, but we also see in some locations that politicians and
32:00
government officials actually are more positive positive
32:04
towards Bitcoin mining, and that's an example in Texas.
32:09
I think it was yesterday Brad Jones Jones, which is the X as
32:13
CEO of ercot, which is the Ico in Texas.
32:17
He stated that Bitcoin mining has helped them Like develop
32:24
more renewable energy or integrate more.
32:26
Renewable energy and yes stated that before too.
32:30
So in Texas, we see the grid operator and also the
32:36
politicians being more positive toward Bitcoin mining.
32:40
And that's because they have left.
32:43
They have left it it Be, they didn't stop the development of
32:51
Bitcoin mining there. So this is a huge development
32:54
among there and they was curious to how it would impact the grid
32:58
and it had a good impact on the grid, and now they're happy with
33:03
it. But I can, I can take another
33:07
example from, I'm from Norway and heard the energy energy
33:13
situation has. It has been better before.
33:18
So Energy prices in Europe as you all know are extremely high
33:27
but they are not high in Northern Norway where I'm
33:29
originally from. So and if you processing
33:31
Northern Norway are about 20 times lower than in Europe so
33:38
you can still mine Bitcoin in Northern Norway and that's due
33:41
to the abundance of hydropower which can't get to the market in
33:46
Europe. So that's led to an emerging
33:50
emerging Bitcoin mining sector in order Norway, but a lot of
33:55
politicians, they, they don't want to become a nurse there,
33:59
even though there are no others, no other possible consumers of
34:03
this hydropower which is just, it's just a wasted if not
34:08
Bitcoin miners consume it and their their argument is always
34:13
know, we need other Industries. We need some battery Factory.
34:17
Reese or hydrogen factories or whatever, we don't want pecan
34:22
honors. But Norway has tried for many
34:25
years to increase, increase our Industries.
34:32
But what happened is that Industries, move away from
34:35
Norway because of high taxes and because of excessive government
34:39
regulations, they move out to places like China or other place
34:44
in the world with With lower input costs and possibly lower
34:49
regulations and taxes. So, now when we finally have an
34:55
energy intensive industry that wants to establish itself in
34:59
Northern Norway, now, they want to chase it away, which is
35:02
completely absurd. 100% like it. And I actually saw that news and
35:09
and it's soap certain we covered that.
35:11
We said wait a second, if the majority of energy production in
35:14
our way comes from renewable energies, which is what they're
35:17
advocating for, why do they still want to ban it?
35:20
Which led us to the conclusion that perhaps?
35:23
This isn't just, not understanding things.
35:26
Perhaps this comes down to power and control.
35:29
And then tie with what the government with the gun, with
35:32
the Central Bank of the, the head of the Central Bank of
35:35
India was saying, it's very convenient that it's like, oh
35:38
no, it's because of the energy, or is it really about,
35:41
controlled monetary policy to control people.
35:44
Exactly. And it's, it's often really
35:46
grainy that a lot of these politicians and Regulators who
35:51
are against Bitcoin mining, they don't even understand.
35:55
It only even know really what Bitcoin is but I just
35:59
instinctively are against it. And yeah, I think it's it's They
36:06
feel that Bitcoin is some kind of like it had some substance,
36:12
you know, it can really change things and they realize that and
36:16
they are afraid. 100%, it is. That's, that's really what it
36:23
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36:26
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36:59
All right everybody there's a ton of Bitcoin conferences in
37:03
the states. Opting.
37:04
I are going to be at both of these, check out the Bitcoin
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conference bit block, boom, August 24th, 25th 26th 27th.
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They talk about Bitcoin Bitcoin and only Bitcoin.
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You can take advantage of the promo code all caps, simply
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skateable. We're also going to be there as
37:24
well, December, 7th, and the 8th, the dijo toggle, The D
37:28
Hotel in Las Vegas. There's also an epic Bitcoin
37:32
poker tournament, you buy. The coin.
37:34
I think the grand prize is about a Bitcoin awesome speaker list,
37:38
you have tone vase, Jimmy saw Madame back Jack mahler's, Greg
37:41
Faust, crypto, couple Giacomo, it's going to be absolutely
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unconscious capable conference. I'm so excited for these off
37:54
these. It's going to be great.
37:56
Wow, we're doing some traveling this year.
37:58
Let's we are simply simply Bitcoin on the Move On The Move.
38:03
Okay guys. Well, as I said today is Martin
38:06
Luther King day. It's a Federal holiday.
38:09
So I had to start this bit off by the obligatory point that you
38:15
know, stock market is closed. You know, banks are closed, but
38:21
Bitcoin is still working into still running.
38:25
You do not need to ask permission to use Bitcoin,
38:28
Bitcoin is running 24/7 365. So That's the first point.
38:35
You don't close Bitcoin. You don't shut it down.
38:37
It's still run. This is a monetary Network that
38:40
never goes down. And hold on, hold on before I
38:43
get too far in it. Shouts out to Jonathan LeBeau,
38:46
thank you for the Super Chat. 999 USD dumping my Fiat Ela.
38:49
Let's go appreciate it bro. Okay, so as I said I'm going to
38:56
make the case that I fully fundamentally believe that if
39:00
Martin Luther King was around, he would be a bit cooler.
39:03
Winner and I think people that believe in the legacy of MLK
39:07
should also be bitcoiners. Because as we say all the time
39:10
Bitcoin is the peaceful Revolution and it is the most
39:15
inclusive Equitable money in the world.
39:17
You don't have to ask someone's permission the Bitcoin network,
39:19
doesn't care who you are, where you come from, what color, what
39:22
Creed you are, you just stopped in.
39:24
You have to make that that Free Will choice that free choice to
39:27
join the Bitcoin Network. This is an individual Revolution
39:31
and the Bitcoin network is Agnostic, it doesn't care who
39:35
you are, or where you come from. Just as long as you run the
39:38
software, you are good to go. So, I just went back and you
39:42
know, in light of what today is, I just kind of got some quote
39:46
and then we're gonna, you know, Bitcoin eyes them for you guys
39:50
because this is what we do here on the show.
39:52
And so this is the famous. I Have a Dream speech and I'm
39:55
not going to cover the whole thing, just some little tidbits
39:57
that that we literally talked about on the show all the time.
40:01
And this is MLK's words and I'm going to just make them coin.
40:04
So he starts off the speech with I am happy to join with you
40:07
today. And what will go down in history
40:09
as the greatest demonstration for freedom in the history of
40:12
our nation, and I would add in the history of the world.
40:16
Is this not what we are doing here in Bitcoin, the greatest
40:20
demonstration for Freedom opting, out of the Fiat Madness
40:23
opting into the Bitcoin Network. And as I say all the time you
40:27
know I don't really believe that protesting works.
40:29
You need to actually have calls to action, you need to make
40:32
moves and what better? Remove them to opt out of the
40:35
Fiat system and Save in a money that doesn't steal from you.
40:38
That defunds the Perpetual war machine that takes away the
40:42
power of the unproductive monetary demon.
40:45
Tanika always calls them. And so again I'm not going to
40:48
read the whole speech but here's some points that that we talked
40:52
about here on the show all the time.
40:53
I have a dream that one day this nation, one day the world will
40:56
rise up and live out the true meaning of its Creed.
40:58
We hold these truths to be self-evident that all men are
41:02
created equal and as Mika always straight on the show.
41:06
It doesn't matter how much money you have.
41:08
Whether it is a million sets 100,000 SATs or you know,
41:12
hundreds of thousands of Bitcoin.
41:14
You are all equal on the Bitcoin network.
41:17
No one has special favor on the Bitcoin Network.
41:19
This is a feature, not a bug and this is why we go so hard every
41:23
single day to try to get Bitcoin into as many hands as possible.
41:26
Because finally, we can all play on a Level Playing Field and
41:30
this is what Bitcoin offers to us and then furthermore I have a
41:34
dream that my four little children will one day live in a
41:36
nation where they will not be judged by the color of their
41:38
skin, but the content of their character.
41:40
I have a dream today. And this is what we sell the
41:42
time, because when is a meritocracy put in the work
41:46
proof of work. Are you providing value to your
41:48
fellow, man? Because if you are the free
41:51
market will reward you and it happens in real time.
41:54
And this is what we talk about all the time.
41:56
When we say that Bitcoin is the most inclusive.
41:58
Most Equitable money in the world, doesn't care who you are.
42:01
Are you providing value? Are you, are you off?
42:03
Offering value to your fellow man and you will get rewarded
42:06
the sad. So there's no more of this
42:08
kantian Insider fact where it just depends on who, you know,
42:11
we have blown that whole economic system, out of the
42:15
water with Bitcoin and this is why the central planners are so
42:17
afraid of what we are doing here is Bitcoin because we are
42:21
opening up the world to a fair playing field for everyone and
42:26
the powers that be. Anyways, I have a dream that one
42:28
day, every Valley shall be exalted every Hill and Mountain
42:30
shall be made low. The rough places will be made
42:32
plain and the Crooked places will be made straight and the
42:35
glory of the Lord shall be revealed and All Flesh, shall
42:38
see it together. This is our hope.
42:41
What do we say, man? Bitcoin is a peaceful
42:43
Revolution. It brings everything into a
42:46
fairer, feel playing field and all the secret behind the
42:52
scenes, backhanded stuff that these politicians do, the
42:55
central Bankers, do to steal from the world.
42:57
Will finally be exposed and we can all build on a solid
43:02
foundation. Absolutely.
43:03
Of it. And then of course, I got some
43:05
more quotes here. Anika, tell me when I'm going
43:08
too far, but I really love this. And we say this all the time in
43:11
regards to the Legacy Media. If we are not careful, our
43:14
colleges will produce a group of close minded.
43:16
Unscientific illogical. Propagandas consumed with a
43:19
moral act, be careful, Brethren. Be careful teachers.
43:23
I don't think I need to go on more.
43:25
You guys seen what happened in the last two years, you guys
43:27
have seen us exposed Legacy Media.
43:30
You've seen us bring the receipts consistently on this
43:32
show about The incentives are to continuously lie to you and
43:37
ensure that you don't know what's going on in Gaslight you
43:39
anyways, true, peace is not merely.
43:41
The absence of tension is the presence of just what is bitcoin
43:44
than Justice itself and exposing everyone for their true
43:49
incentives. Then again, the ultimate measure
43:52
of a man is not where he stands in moments of comfort and
43:54
convenience, but where he stands at times of Challenge and
43:57
controversy, guys, this is where we are right now in the timeline
44:01
you as the Bitcoin or you are the front Line soldiers.
44:04
This is the time of Challenge and controversy continued to
44:07
keep your heads up, continue to push through and continue to
44:11
stack SATs. And I think this one is this one
44:14
is the one that I think as bitcoiners we need to take to
44:17
heart. We know through painful
44:19
experience that freedom if is never voluntarily given by the
44:22
oppressor, it must be demanded by the oppressed.
44:25
What are we not? But Fiat slaves that.
44:27
We tell you guys all the time, they have stolen from our future
44:30
and they're not going to give up that power easily.
44:33
This is We continue to tell you the stacks at this is why we
44:36
tell you to take your Bitcoin into cold storage because the
44:38
powers that be are not going to give up their power easily.
44:41
So we have to take it back by A sly roundabout way which is
44:47
Bitcoin because they understand what we understand that the
44:52
powers that be do not want to give away that power easily.
44:56
Bitcoin is a power play, and all you have to do is take Bitcoin
44:59
into self custody and continue to stack.
45:03
SATs anyways I like the I'm not going to cover them all because
45:07
I think we might be running a little late on today's show but
45:10
we must not allow our creative protest to degenerate.
45:13
Degenerate into physical violence what do we say every
45:15
single day on this show? Bitcoin is a peaceful Revolution
45:18
and we are just trying to take back our money.
45:20
All we're trying to do is save and Bitcoin.
45:22
All we want to do is ensure that these grubby politicians, keep
45:26
their fingers out of my wealth out of my family's life and you
45:29
just opt out of this system, often the Bitcoin saving
45:33
Bitcoin. Bitcoin.
45:34
This of custody, use the ethical Bitcoin wallets that we talk
45:37
about all the time. Cold carved, Jade blue wallet,
45:39
green wallet, Phoenix Moon. I don't know, you know, all of
45:43
them. Anyways, I think this one's also
45:47
a good one. And this is why we tell you guys
45:49
as bitcoiners, it's an individual Revolution, take
45:53
Bitcoin, do what you do, best provide your skills and add
45:57
Bitcoin on top of it. And like I said, I don't really
45:59
believe in protesting in the street and, you know, in and
46:03
Making too much noise, other than opting in a Bitcoin and
46:06
telling people to opt into Bitcoin and taking Bitcoin and
46:09
stuff, cuss you. But how is this?
46:10
Quote, every man of Humane convictions must decide on the
46:13
protest that best suits his convictions but we must all
46:16
protest Again by protesting Bitcoin is the ultimate protest
46:20
by opting out of the Central Bank Madness.
46:23
You take back your life and take Bitcoin in to self custody, and
46:28
I think I'll probably end it with this one.
46:30
Oppressed people cannot remain a press forever, the yearning for
46:33
freedom. Eventually manifest itself and I
46:36
think this is what we're doing is bitcoiners.
46:39
I fundamentally believe in humans.
46:41
I believe that human as evil as we can.
46:44
We also have greatness within us and this is how we get great
46:47
Technologies like Bitcoin where you can opt out.
46:50
It is a freedom tool to build a better life on.
46:53
And so if you believe in what Martin Luther King, you know,
46:58
explained and illustrate in his life then I believe that you
47:01
should be a big Corner that you should.
47:03
Take Bitcoin into self custody because Bitcoin is the most
47:06
inclusive Equitable money in the world.
47:09
You do not have to ask permission.
47:11
All you need to do is save in Bitcoin, take Bitcoin into self
47:15
custody, write down your 12 to 24 seed, word, phrase and then
47:20
tell other people about it and live, a good life and be a good
47:24
human and the Ripple effects will go out and the incentives
47:28
of Bitcoin will continue to win as long as you run the software
47:31
and you take Bitcoin into self custody.
47:33
He's the only protest that matters taking your money back
47:38
and saving in Bitcoin. Oh they don't call st.
47:41
Op t St. Op t for no reason.
47:44
Beautiful, dude that I Have a Dream speech, it's so fitting.
47:48
I'm curious. Maybe I put it through chat chat
47:52
gbt and I'm like write the I Have a Dream speech but make it
47:56
about Bitcoin and then see what it does.
47:59
So interesting Jonathan, thanks for the super.
48:03
Super Chat. He says dumping my Fiat.
48:05
LOL. Thank you man.
48:07
Really appreciate the love but yeah dude it's so powerful.
48:11
I agree V & A but I am going to disagree with you a little bit
48:14
op. T.i. the protest is Bitcoin.
48:18
Approach is what you say you're saying.
48:19
Is that I said that? No.
48:20
But in the beginning in the beginning he said their protests
48:23
aren't let me rephrase it and I agree with you.
48:27
Protests aren't useful with the picket signs and yeah, that's
48:30
what I never. That's exactly right.
48:31
You want to effectuate change? JH buy Bitcoin, earn Bitcoin,
48:35
mine Bitcoin and take that Bitcoin into self custody.
48:38
That is how you change things, the other ways, right?
48:42
Which is the picketing, which is the voting, which is the thing,
48:47
They don't really do much, right?
48:49
The the, it just things continue like, they continue.
48:52
Anyways, Jr. And I want to get your thoughts,
48:55
are you? I'm just, I'm assuming you're
48:56
familiar with with MLK. Yeah.
49:01
And I didn't know we had that money quotes.
49:04
Like what the clothes machine? I wish that I could generate so
49:09
many quotes but yeah, I agree with with you both in that like
49:15
holding up signs and going in, the street is never going to
49:18
change anything, you have to you have to just find a Sly
49:24
roundabout way that actually like going with with the science
49:30
in the street but you really trying to do is to to affect
49:33
other people, but you have to just through your own actions.
49:39
Brought is through your own actions, her own life.
49:42
And holding Bitcoin is a great way, way of making a protest.
49:50
Yeah, I double down to. It's the only way to make a
49:52
protest. 100% 100%. I fundamentally agree with you
49:57
guys. This is this is crazy, but this
50:00
we don't call it. The peaceful Revolution for no
50:02
reason because it really is, you know, we are changing the system
50:05
peacefully from within we have found what gerron was saying A
50:08
sly roundabout way. Anyways, One more thing, one
50:13
more. First it was like, like you said
50:18
in the beginning States like California, which I'm super high
50:22
taxes. If we don't want to pay these
50:24
taxes, if you feel like irritated at the government of
50:28
just wasting this money, then move to a place with lower taxes
50:33
and you can actually do that today, you couldn't do that
50:36
before and I'm Bitcoin is actually enabling that Bitcoin.
50:40
Now we can save save in Bitcoin instead of purchasing like a
50:45
house where you put all your moaning and by holding the coin,
50:50
you make it really easy to just move where you want and taking
50:54
your savings with you 100%. 100% also noticed the shout-out to
51:01
our Rumble listeners looks like the the live viewing is picking
51:04
up over there. Preciate you all.
51:07
Anyways Opti, let's get to the mean review.
51:10
Let's do it. The daily meme review brought to
51:16
you by Kaboom racks. I get this question all the
51:18
time. Nico.
51:19
Where should I buy Bitcoin? Miners to answer is Kaboom
51:22
racks. It's the best place to buy
51:24
Bitcoin miners. That's where you're going to
51:25
find the best deals and the best prices start.
51:29
Your mining Utopia today to check out their racks.
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You got to go to T dot me, slash Kaboom racks.
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Join their telegram group and start your mining Journey today.
51:38
Kaboom racks. Kevin and I love the community.
51:45
Anyways, I mean review, this is your favorite portion of the
51:49
show. We already know.
51:50
We know you come for the first hour just to hear the meme
51:53
review, but hey, well, let it slide welllll, let it slide.
51:56
Why? Exactly?
51:58
You guys are the Frontline soldiers, continue to meme
52:01
continue to put truth in art and spread the Bitcoin signal far
52:06
and wide. As we say all the time, tweet to
52:08
the bullets memes are the The artillery.
52:10
This is an information War. Do not get it confused.
52:15
You guys are Frontline, soldiers in the information War.
52:18
So let's go continue to Mimosa and continue to tag Us in the
52:22
memes guys, or put them in our telegram group.
52:24
And I will do my best to filter through them.
52:27
Anyways, this first meme shots at the Maxis Club.
52:30
You already know I love his work and this one, if, you know, you
52:34
know, proudly present the entire Bitcoin blockchain and it's on a
52:39
110 Our by micro SD card. Absolutely, awesome.
52:45
Make sure you're running the Bitcoin blockchain for yourself.
52:47
Gotta do not trust someone with your money.
52:49
Run this software yourself, continue to decentralize the
52:52
network by verifying them transactions for your cell.
52:57
This is the way. Anyways, this next one chefs out
52:59
to my boy, hottel tarantula. I really love this one and he
53:02
goes, it's more of the quote that he put on top of it.
53:04
But there is a Bitcoin picture in there.
53:06
So you guys can't say that. It isn't me.
53:08
Anyways, how to transfer it goes, If a man knows not to
53:11
which Port, he sails. No wind is favorable and you can
53:14
see the little bit coiner in the Bitcoin boat.
53:17
Escaping the Fiat system collapse, which looks like the
53:21
Titanic sinking anyways. It's next one.
53:24
Shout out to my boy fart face to kak at fart face. 2000 on
53:27
Twitter and he goes wake me up. When this Bitcoin meme isn't
53:30
relevant and this isn't a new one.
53:32
This is an old Meme and obviously we love it.
53:35
It's it's it's the butt of an elephant and it goes the The
53:40
balance sheet is the whole, but of the elephant and then it goes
53:45
a little bit coin, war on it. And says again, tell me when
53:48
this isn't relevant. Bitcoin is Tiny.
53:50
In comparison to the global macro markets.
53:54
There's so much room to grow and you guys are bearish.
53:57
Could never be me anyways. This next one is it by Max
54:00
Trotter AKA Trotter Max on Twitter and he goes me
54:03
houghtaling Bitcoin and it's a lion with a majestic Maine.
54:08
And then we got a little baby come.
54:09
Going people searching for what is bitcoin.
54:12
This is what you guys are doing. Take this energy with you, and
54:17
go out there and spread the Bitcoin signal this.
54:20
Next one, shouts out to hot ODOT, rocks, AKA Chief monkey on
54:25
Twitter and I think, is this harambee?
54:28
I don't know. Anyways, you guys, so in
54:30
conclusion by using Bitcoin, you defund tyranny, it's kind of
54:34
cool. Like, what more do we need to
54:36
say? This is this is the best one and
54:38
also let the gorilla telling Means, you know, I think there's
54:42
some subtle subtle nods in there.
54:43
There's next one, I played you. The same are put braces,
54:46
basically, the same meme last week by our boy, Nick can't, my
54:49
butt Claudio cloud. Cloud, Ico ikc on Twitter
54:56
updated, the meme. And this is what we are.
54:58
This is who we all are right now, current mood of markets,
55:01
you know, MPC bit Corner bought at the top.
55:04
Now, we get a little green candle to 21k and or I'll burn
55:08
Town look like Nico. I haven't shaved our beard and
55:11
weeks and let's fucking go this next one.
55:18
Apparently, this is planned Marcus's meme.
55:20
So shouts out the plan Marcus. This is why I tagged you on a
55:23
Twitter because sometimes I wish I wander Mark but it's cool to
55:26
see Memes you made being reused. Couldn't resist.
55:28
Sorry. And this is Dylan Like Clara
55:30
posting plan markets Is MeMe. Shouts out to you guys ago.
55:34
Why do we need crypto? And we got this MPC with no
55:37
brain faster, transactions, and the Chad be Corner know it's to
55:40
remove the state from the money printer.
55:42
And then we got the car, Donna Creator, it's for more efficient
55:46
Finance. Know it's to remove the state
55:47
from the money printer and then we got an N of T shit corner and
55:50
goes to own digital art. And it's know it's to remove the
55:53
state from the money, printer. Alright.
55:59
Anyways, oh man, before I go in, drop your mean review score in
56:02
the chat so that we can cover it live.
56:05
And so I look I I found this sticker shout-out to our sponsor
56:11
site for safe. We got the bad if not, let's go.
56:16
Okay, hold on because you gave it a sticker.
56:19
I Darrin, why? Don't you give the the me mask
56:22
or while I find my school? I don't remember all the memes,
56:26
but I like that last one best because it really, it really
56:33
captures. What what being a bit cleaner is
56:36
about, you know, separate the state from the only printer,
56:40
okay. Okay.
56:44
Very nice, very nice. Okay, I'm going to give it this
56:47
on confiscated Abel. Uhn confiscated, Ville and
56:54
wristband. That's that's do.
56:56
That thing looks crusty, bro, is that crusty?
56:59
It's been another, it's probably the green screen thing.
57:04
Anyways, guys, before we get to the meme scores, I want to tell
57:08
you guys about our awesome clothing sponsor representative
57:11
t.com. You see the hat that opt he's
57:13
wearing, that's part of the simply Bitcoin, which that's
57:15
what's left of the simply Bitcoin merch, okay?
57:18
The black hoodies sold out and small Medium/large the camo
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hoodie sold out medium small. There's a I think there's a
57:26
couple large has left. Guys, this is Cap Supply once
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the merge drop is done. It's done, it's done, and
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dusted, done in that dad had to this lady.
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That's the dad hat. They've also got a snapback.
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You can take advantage of the promo code simply Dash Bitcoin,
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get 10% off anything on the store but check out the simply
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Bitcoin merge. There's a link down below if you
57:45
guys are interested anyways, Opti let's get to it.
57:50
These scores first one by Phil. See I give the memes 10,000 SATs
57:54
of defiance. Very, very powerful.
57:56
I love that. I love that, man.
57:58
That was clever. Okay, next one, by the p, man,
58:01
van I give the memes three gorillas and two chimps mining
58:04
Bitcoin in Africa. Bananas are an incentive Oh,
58:10
just Mina, I give the memes a give those memes and unibrow,
58:14
dude, that would be a Plankton off video.
58:17
They're saying, are you guys saying?
58:19
We have you any browser? Like what's this uni brow me my
58:22
don't get it. Someone said it earlier as well.
58:24
What is going on? What grounds it's a pimple?
58:31
I don't know bro. I would pay money to see
58:33
chimpanzees and gorillas mining Bitcoin.
58:35
That would be that would be a sight to behold.
58:38
Rating. Those memes opt he's weakened
58:40
biss. Bistec with the Rogers.
58:43
Oh, shouts out to the Rogers and Kane.
58:45
See cattle cooking that delicious, delicious steak.
58:50
So we have stay with, of course, was so good, man.
58:52
It was, it was delicious. And a cousin.
58:54
Some rib eyes. We even have some, some
58:57
hamburger patties. It was delicious.
58:59
Oh man, that sounds, that sounds amazing.
59:01
Next one. By nihilus Fields, the polar
59:04
opposite of Optimus Fields, score all bitcoiners getting
59:07
rubbed by the Bitcoin. P'nay when they centrally issued
59:09
21 billion, Bitcoin do dumb fun, our boys like that.
59:13
Come on Igor meme, score a 25 case, a trench wrench.
59:18
Brandi Bitcoin has sent, I give the memes all the Bitcoin
59:22
conference is coming this year. Yes.
59:24
Very nice. Hope to see you guys all We gave
59:27
you guys the promo codes Brandon I give the memes a brainwallet.
59:31
Getting swept by p300 brain, scan - very nice.
59:35
Very nice Diaw. Janice I give the memes a Nico
59:38
rummaging through his junk drawer for me, that is exactly
59:44
what happened. Flat smack 100, rocket, I love
59:47
it. I love it.
59:48
I love it now. Alright last one last one I hot
59:50
a coin, that's the buzzer. I give the memes one Euro CBD.
59:55
See from Christine Cards up these girlfriend.
1:00:00
Okay, hold on, hold on, hold on. No guys, check out the written
1:00:07
version of this show simply Bitcoin unfiltered, you gotta go
1:00:10
to www.simpleandsensational.com, check out, Simply Bitcoins
1:00:14
awesome telegram chat and group you had to go to www.ah.mil /,
1:00:21
simply Bitcoin TV, doggedness sorry, sorry, sorry I had to
1:00:25
update the meme. Apparently they're talking about
1:00:29
India's. Central Bank had with the
1:00:30
unibrow bro, okay? All right, flip flap pipe
1:00:34
website or software by please, it's software's.
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Software Bitcoin, software release brought to you by Cipher
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All right, boys and girls. Mainly boys.
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And some girls today software release is Blix it.
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While it version. Point six point two and it's got
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Croatian language. Support lnd update and Bug
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fixes. Blix wallet is an open-source
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lightning Bitcoin wallet with a focus on usability and user
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experience, powered by L and d and neutrino, SPV, this looks
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sexy. Okay, anyways, Nico, first
1:01:37
Monday down of the Third week of the year third week is year,
1:01:41
third week of the year. I want to give a shout out to
1:01:43
her. I want to talk.
1:01:44
I want to count down all week all year.
1:01:46
Hopefully remind me what you what, what the score is three of
1:01:49
52 so far. All right guys, I want to give a
1:01:53
shout-out to our awesome guests. John from Luxor mining pool
1:01:56
friends over at Luxor, mining pool.
1:01:58
Thank you so much for joining us today.
1:02:01
Yeah, thanks for having me. It's awesome.
1:02:04
Where can people find you on social media?
1:02:07
You can find me on Twitter. My name is hard to pronounce.
1:02:11
I will not pronounce it. If you really want to find me,
1:02:14
you will find me if you pronounce it for us.
1:02:18
Okay, I will try on Twitter. My Twitter handle.
1:02:23
Okay, oh no, I thought you meant your actual name was hard to
1:02:26
pronounce know. So yeah, so guys check out
1:02:29
Darren. Thank you so much for joining us
1:02:31
today, really appreciated guys. Thank you so much for joining
1:02:34
us. Another episode of Simply
1:02:35
Bitcoin live adoptee said, this is the Monday is Mondays.
1:02:38
Special Monday, special starting out with spice.
1:02:41
You guys enjoyed the show. You know what to do?
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Smash that like button and consider subscribing.
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the drill, the party continues all the way till to pn's about
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40 minutes with their friend. We're hosting a space with our
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friends. Over at Swan Bitcoin best place
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to stack shots. Shout out the awesome, the most
1:03:07
bestest producer. In the game producer.
1:03:09
Jacob, so shout out to you brother.
1:03:11
Thank you all for joining us and we'll see you tomorrow for a
1:03:13
brand new episode of Simply Bitcoin live.