Latest / Simply Bitcoin / BREAKING: Mass Adoption of Bitcoin Lightning Network | EP 962
Transcript
- 0:03It's. All going to zero against
- 0:05Bitcoin. It's going up forever.
- 0:15You're. Against Bitcoin?
- 0:17You're against freedom, yo. Welcome to some of the Bitcoin
- 0:28Lab that your number one source for the peaceful Bitcoin
- 0:30revolution company you can use. Culture Matic Warfare will be
- 0:32your guide through this separation of money in state.
- 0:34Ladies and gentlemen, we are streaming live from El Salvador
- 0:40at the having party. We're here with one of the
- 0:42organizers and legendary memer, Greg Zack.
- 0:45How you doing, Greg? I'm.
- 0:45Doing well. That was good.
- 0:47That was a very special moment yesterday.
- 0:50We were looking at each other. I mean, you're I everyone's
- 0:53like, look like Greg, I can't believe you looked at Nico that
- 0:57way. And I'm just like pointing out
- 0:59to everybody that he was looking at my hamburger that way.
- 1:02I was so hungry. Yeah.
- 1:05I've been running around all day and, you know, carrying a lot of
- 1:08heavy stuff, sweating my ass off.
- 1:09And then you hopped on stage with that cheeseburger.
- 1:12I was super jealous. I just, I I couldn't even look
- 1:14at the, the, the people in the audience anymore.
- 1:16I was just staring at that that burger and you wouldn't give me
- 1:18any. And I was that was a little.
- 1:19Dude, I I I literally ate like five of them.
- 1:22They're delicious On stage. Yes.
- 1:24No, I'm not on stage. On stage.
- 1:25I only eat with one. But I ate like five of those
- 1:27cheeseburgers. They're absolutely delicious.
- 1:29I I mean, yeah, yeah, it's a it's part of the experience is
- 1:32the cheeseburger. Anyways, it's been absolutely
- 1:34epic at the having party. They've put together a great
- 1:37Bitcoin event. I wouldn't call it like a
- 1:39Bitcoin conference, like a party like it's.
- 1:42The having party, it's an event. It's.
- 1:44An event, right? You know, wait.
- 1:45Wait, wait, can I acknowledge the fact that I got rug pulled?
- 1:47I thought this was a party and not a conference.
- 1:50Greg, can you can you acknowledge the elephant in the
- 1:53room? This is this is a party we have,
- 1:56we have, we have a drinking game tonight.
- 1:58Wait, what are you talking about?
- 2:01It's the The Thirsty Bits drinking competition this
- 2:04evening, so come and join us for that.
- 2:06Anyways, this has been absolutely epic.
- 2:08El Salvador has been epics, beautiful resort.
- 2:11So we're going to stream live for you guys are going to have a
- 2:13great show today. And I put Brian Armstrong on the
- 2:17thumbnail and I can see that already triggered a lot of
- 2:19people. It was recently announced that
- 2:21finally Coinbase, which is so funny, they're going to use a
- 2:24third party to integrate Lightning like all their 3000
- 2:28employees, like they can't do it themselves.
- 2:30They're going to use a third party to do it.
- 2:32Whatever. They need a way for Coinbase to
- 2:34go down when when the price rockets and so they have to
- 2:37implement a third party that they can break when they need
- 2:39to. That they can blame.
- 2:40That they can blame. So I find that part like, they
- 2:43hate Bitcoin so much that they're just like, you know
- 2:46what? We're going to do it.
- 2:47But look. This is why it took them so many
- 2:49years. They had to find a way to break
- 2:50layer two before they implemented it.
- 2:53Exactly. And it kind of defeats the
- 2:55purpose of a lot of the shit coins that they're selling,
- 2:56they're peddling to, you know, their their clients and
- 2:59customers and whatnot. OK, so why is this a big deal?
- 3:01And the reason that it's a big deal is because Coinbase, as
- 3:04much as you dislike them, right? And I completely agree, Bitcoin,
- 3:07well, is the best place to build your automatic self custody
- 3:09Bitcoin stack. They have 100 million clients,
- 3:13right? And a lot of them are going to
- 3:16get exposed to the Lightning Network for the first time.
- 3:19And that's kind of a big deal. And especially like, I just
- 3:22bought these waters not too, not too long ago.
- 3:26And I asked the lady at the front desk, I'm like, I don't
- 3:28have cash on me. She's like, no, don't worry, you
- 3:30can pay in Bitcoin. Literally.
- 3:32I went to the convenience store, took out my Zeus wallets,
- 3:35connected with my Get Albie account and paid in Lightning,
- 3:39which is absolutely surreal. So, you know, this is a real
- 3:42thing. I told you guys on yesterday's
- 3:43show or the day before I paid the immigration fee, whatever,
- 3:47with Lightning as well. It's crazy.
- 3:49I've been using Bitcoin to transact in the country.
- 3:52It's legal tender. It's absolutely surreal.
- 3:54So it is a big deal. This is a massive deal that
- 3:57Coinbase finally, begrudgingly is integrating Lightning, and
- 4:02it's absolutely hilarious because they're using a third
- 4:04party to do so. So standard.
- 4:07Yeah, So it's going to be epic. And the having party today we
- 4:10got, we got some some interesting events.
- 4:13Greg, do you want to drop some some sauce?
- 4:15Yeah, give them leave the audience with some FOMO before
- 4:18you got to run to the Mainstage. All right, so we've got a couple
- 4:23of games planned for everybody. We've got a basketball shootout
- 4:26with Sean today. We've got the Thirsty Bitch
- 4:29Drinking Cup competition every morning for people who are less
- 4:33inclined for the drinking and more inclined for the sporting.
- 4:35We have running and workouts. And then just because there it
- 4:40is, Bitcoin central, we are going to have a few like
- 4:43workshops. So we've got MTCBTC doing a
- 4:46border wallet session today. He's going to use a child on
- 4:51stage to show how easy it is to memorize the the pictures
- 4:55instead of a seed phrase, make it easier to cross borders with
- 4:57your Bitcoin. We've got Preston Pish and
- 5:00Lawrence the Park talking about the downfall of the dollar today
- 5:05and we've got Anders doing a a toxic happy hour today.
- 5:08We've we've got events full that folks can come to or if you want
- 5:13to just hang by the pool or at the beach and have some surveys
- 5:15as that's, that is perfectly fine too.
- 5:18That's where I'm at. I lost Opti once again
- 5:22yesterday. No, no, no, you didn't.
- 5:24No, you didn't. My phone didn't work when I
- 5:25landed in El Salvador and I somehow made it to the hotel.
- 5:30It was a a treacherous trek, but I'm here.
- 5:32I made it. I also discovered that Opti.
- 5:35Don't say this. Opti.
- 5:38'S. Opti's a very responsible
- 5:40individual, no. And also we have a simply
- 5:44Bitcoin live that we're doing from the like the the beach as
- 5:48well, but it's definitely not going to be live because there's
- 5:51no Internet there but. It will be.
- 5:53Recorded, right. It will be recorded like all of.
- 5:56Y'all, ESP. Spaces so it will.
- 5:57Be live for people that are there.
- 6:00Yeah, so technically it is live anyways.
- 6:03We also have a very special guest.
- 6:07Five line to answer your question 5.
- 6:10We also have a we also, we also have a very special guest today.
- 6:13We have Satoshi Nakamoto himself.
- 6:16We have sat. How you doing, Satoshi?
- 6:20I'm doing good. I'm not Satoshi Nakamoto.
- 6:24I know who Satoshi is and I'm not saying because Satoshi
- 6:28lives. Whoa.
- 6:32Well, I was joking about him being Satoshi Nakamoto.
- 6:35Now I'm not. So that's that's crazy SAT.
- 6:39It's just dropping fire. Anyways, so we have sat on
- 6:43today. We're gonna talk to him during
- 6:44the culture segment. Opti, what do we have lined up?
- 6:46Yeah, so SAT is the developer of Lightning Goats.
- 6:49So guys, we wanna do a a live stress test and you guys can do
- 6:55this live. You can I I'm think it's feeding
- 6:59goats with lightning as as SAT said before we went live
- 7:03Lightning goats is doing more for lightning than Coinbase ever
- 7:06was so shouts out to SAT out there but yeah guys we we got
- 7:12SAT from lightning goats and I think we got a we got a great
- 7:16show for you guys so this is going to be great.
- 7:19Yeah, absolutely. It's going to be great.
- 7:20And once again guys, we've been streaming all all week from El
- 7:24Salvador, the land of freedom, land of opportunity, land of
- 7:28prosperity. And we got one more show for you
- 7:30guys tomorrow from El Salvador as well.
- 7:34And then next week Opti and I and the whole Simply crew really
- 7:38is going to be in Texas for Bitlock Boom, which is going to
- 7:41be absolutely awesome. Anyways, no more delays jump,
- 7:44it's straight into the show. But before we do that, I do want
- 7:48to give a very, very special shout out to our sponsor and of
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- 10:52website at the time of recording the Bitcoin price is 68,000 and
- 10:57$30 Stats per dollar 1470 block height 837,693 having estimate
- 11:05April 20th. Oh, it's back.
- 11:07It's back to 420, dude. It would be so fitting if the
- 11:10halving was on 4/20 that. Mine, yeah, mine is slow, slow
- 11:14down the block propagation. We need the.
- 11:16We need the memes. Opti literally has the horns as
- 11:19the top. One the number one sound.
- 11:21So dangerous. All right, blocks to halving
- 11:252000. I already said that total
- 11:26lightning network capacity 4399. Bitcoin capacity value 299
- 11:31million U.S. dollars Realized monetary inflation 1.73% The
- 11:35market capitalization of Bitcoin currently sitting pretty at 1.34
- 11:39trillion U.S. dollars. Bitcoin versus gold market cap
- 11:429.68% needs to get over that 10% number of course.
- 11:48Anyways, the video that I want to talk to you guys about today
- 11:52is American Huddle Being American Huddle.
- 11:55And he went on Peter Mccormack's podcast What Bitcoin Did.
- 12:00And I believe the name of the podcast, the name of that
- 12:02episode is You're Not Late to Bitcoin.
- 12:06So here's about a one minute clip.
- 12:07And again, you know, shout out to American Hot on, of course,
- 12:10Peter McCormack. So let's check it out.
- 12:12I got a text yesterday saying for somebody saying no, I think
- 12:15I'm too late to buy some more. I always just reply, well, I'm
- 12:18not selling. Yeah.
- 12:19So what? What do you think?
- 12:20I think. Well, or people want the The
- 12:23most annoying one is people want to know the next Bitcoin.
- 12:25What's the next Bitcoin like dude, it's Bitcoin.
- 12:28Thanks. I.
- 12:30Fucking hate that question. My God.
- 12:32But no. I mean, the answer I say is
- 12:35just, hey, listen, you know, it was really expensive for me.
- 12:38Also, I've I felt like $200 Bitcoin was expensive.
- 12:40And like, I know that's a mindfuck when you hear that
- 12:42today, but eventually, here's the framework to think about.
- 12:46When the price moves $200 today, I don't notice it.
- 12:49It probably moved $200 a hundred times while we're having this
- 12:52conversation. I didn't notice or care.
- 12:54It doesn't mean anything to me. And eventually, one of these
- 12:57days, the price will move $65,000 and you literally won't
- 13:00notice or care. And I know that sounds stupid,
- 13:03but that is going to happen because are you really going to
- 13:06notice a difference between 2.62 million versus 2.68 million in
- 13:10your account? No.
- 13:11You're going to look at it and you're going to go still 2.6,
- 13:14still doing good. You're not going to really care
- 13:16about the 60 grand. So like the 60 grand, believe it
- 13:19or not, is de minimis. It's a rounding error, even
- 13:22though it's the price of a really pretty nice car.
- 13:26So absolutely, you know, like and and I'll just like talk
- 13:30about it from like personal experience.
- 13:32Like Opti, do you remember when, like, we're buying, it was like
- 13:36$100 for a million SAT's? That was like the longest time.
- 13:39I think, you know, the cheapest I bought Bitcoin was like, what?
- 13:42Like six, six, $700.00. And I was like, dude, like, this
- 13:45is so expensive. You know, I missed the train.
- 13:50Like, God damn it, people are buying this under $100.
- 13:53People are buying this at a dollar.
- 13:54And I was like, dude, this is so expensive now I'm like, now you
- 13:57tell me $600.00 Bitcoin. I'm like, bro, what the fuck?
- 13:59Like, holy shit. Like, I want that, right.
- 14:03So yeah, I completely agree with American Auto.
- 14:05I think he said like $300.00 Bitcoin, you know, once this
- 14:09thing inevitably reaches, you know, the millions of dollars,
- 14:11Which, again, seems so, like, inconceivable at this moment.
- 14:15Just like it seemed inconceivable that Bitcoin was
- 14:17going to be at 70, imagine if you knew when Bitcoin was at
- 14:21like $600.00 or $300.00 in American Huddle's case that you
- 14:26know this thing was going to hit $74,000.
- 14:29Like you would have done anything in your power to stack
- 14:31as much as humanly possible because of the, you know, the
- 14:36potential like that that was in front of you.
- 14:38And I think, you know, we're in this moment in time.
- 14:41And what was different back then I would say from a risk adjusted
- 14:46perspective, I I think right now it's it's a lot safer of a bet.
- 14:50And the reason for that is because you have public
- 14:52companies like MicroStrategy proving that the Bitcoin
- 14:55strategy is working. You have of course you know
- 14:59beautiful countries like El Salvador where we are right now
- 15:02proving that you know, adopting, you know, making Bitcoin legal
- 15:05tender was the right decision. Putting Bitcoin on the on the
- 15:09country's balance sheet was the right decision.
- 15:12Both. Michael Saylor was vindicated
- 15:14Naimbukele not to mention, you know, the fact that the Bitcoin
- 15:18ETF is the most popular ETF in history.
- 15:23It's already in the top five out of 3100 ETFs that are live
- 15:27currently in the US and that's a big mother effing deal, right.
- 15:32So that's what I got to say about that, you know, So yeah, I
- 15:36I I agree with Huddle. And another thing also with the
- 15:39with like the, the early concept, I love the way that
- 15:41like Sailor describes it where he's talking about like buying
- 15:44real estate in New York City. And it's like, yeah, like the
- 15:48best time was to buy it in the 1600s and then the second best
- 15:51time was to buy it in the 1700s and the best time was to buy it
- 15:54in the 1800s. But even if you bought it in the
- 15:561980s and 1990s, like that wasn't over an amazing trade.
- 16:00So I really see it like that. And the reason for that is
- 16:03because, you know, real estate in New York is is scarce.
- 16:06There's only so, like it's literally an island, right?
- 16:08Like you can. There's only so much place to
- 16:10build, right? And I would say Bitcoin is
- 16:13absolutely scarce. Like we know that there's only
- 16:1521 million Bitcoin estimated 3 to 4 Millionaire, Lost one
- 16:19millionaire Satoshi's coins, who's on the live show today.
- 16:22And yeah so you know it it's it's it's I, I I agree with
- 16:28Hoddle. I I still think we're early.
- 16:29I still think there's a tremendous amount of opportunity
- 16:32a minimum of 100 X like minimum. Anyways, Opti, what's your take
- 16:36on this? And then we'll we'll pass it on
- 16:37to SAT. Yeah, I mean, first of all, I
- 16:39really love Huddle's framing. And you know, maybe I'm like a
- 16:42huddle stand because he was like my Big Brother when I first got
- 16:45into Bitcoin. He was like yelling at us on
- 16:47Twitter like, yo, stack your balls off.
- 16:49You don't want to miss this opportunity.
- 16:51So I absolutely love Huddle's framing on a lot of things.
- 16:54But like, to his point, you know, he was buying at $200.
- 16:57He was saying that if you're just now buying Bitcoin at 65 K,
- 17:01one day there will be times when the Bitcoin price moves by 65 K
- 17:05and you're you're not even going to flinch about it.
- 17:07It's going to be normal. And I was thinking about myself.
- 17:09I got into Bitcoin at 10K and now I know right now the meme is
- 17:13like Omega candle 10K movements. But like, I'm not going to be
- 17:17surprised when we're moving by 10K movements and it's like it's
- 17:20happening in real time that the price movements after a certain
- 17:24while, maybe I'm like desensitized to it where it just
- 17:27like doesn't really affect me, you know, it's like, yeah, OK,
- 17:29my network just got decimated, but at least I'm holding Sats.
- 17:31I can get more Sats. Like the the name of the game is
- 17:34acquiring more Bitcoin. And then to your point, me and
- 17:37Nico still do the math of a million Sats equals $100.
- 17:41And then you go do math and it's like, wait, it's like $700.00
- 17:44for a million Sats right now. Like this is crazy.
- 17:46And really I always go back to 1 fundamental idea.
- 17:51And I know you guys don't talk to big or people outside of
- 17:54bitcoiners in real life, but if you do have conversations with
- 17:57normal people, you ask them about Bitcoin, most of them
- 18:00think you're still crazy. To me, that just is is more
- 18:04signs that we're early to this thing.
- 18:06I know there's statistics out there of like there's what maybe
- 18:09like 1% of the population are bitcoiners right now.
- 18:12But I venture to guess that even in that 1%, it's a even smaller
- 18:16percentage of people that are actually hardcore bitcoiners,
- 18:20which just keeps showing me constantly that we're still
- 18:22super early to this. I mean, there might be 100
- 18:25million people with Bitcoin exposure.
- 18:27There's 8 billion people on planet Earth.
- 18:29Like, you're still early to this.
- 18:31It's going up forever, Laura, Like Infinity divided by 21
- 18:34million. If you think $70,000 Bitcoin is
- 18:37is an expensive Bitcoin, then you really don't understand
- 18:40where this is going. Like of course, $70,000 is
- 18:43pretty much, you know, a normal person salary in America.
- 18:46So it is a lot of money when you think of it in that terms, but
- 18:49where you think this is going, it's it's literally a rounding
- 18:53error like American Hotel was saying.
- 18:54And and I want to connect this to an idea we were talking
- 18:57about. I think at the beginning of the
- 18:58week or the end of last week, we were talking to our friend and
- 19:02he said he was like chilling at the pool and and talking to like
- 19:05high net worth individuals. I think they're the person he
- 19:07was talking to was like working at a bank.
- 19:09I forget the details. But anyways, it was a high net
- 19:11worth individual. And he basically was saying what
- 19:15we say all the time where it's like you don't care about the
- 19:18price of Bitcoin when you know it's going up forever.
- 19:21So like they're moving slow. They don't care the difference
- 19:24between A70K Bitcoin or A55K Bitcoin or 70K and 100K Bitcoin.
- 19:29They're like, if this is going to $1,000,000, I really don't
- 19:33care when I buy Bitcoin. I just need to build a position
- 19:36and this is where we're at right now.
- 19:38It doesn't matter the price of Bitcoin.
- 19:39The only thing that matters is the is the SAT under your
- 19:42control that you control with your own private keys.
- 19:45That's what really matters here. And and of course, back to the
- 19:47basic meme, you can buy a fraction of a Bitcoin, You don't
- 19:50have to buy a whole Bitcoin. You just continue to stack.
- 19:52It's either saving in dollars something that loses value or
- 19:55saving in something that stores your value long term.
- 19:59And that's Bitcoin. So.
- 20:01We're still so early. Yeah, I I agree 100%.
- 20:04Anyways, I'm gonna pass it on to SAT.
- 20:05SAT what do you what's your take on what American Hoddle was
- 20:09saying? Do you believe that we're still
- 20:10early? Do you still believe that
- 20:12there's opportunity for people that are looking into Bitcoin,
- 20:15but perhaps they feel a little bit sticker shocked by the
- 20:19price. What's your take on that?
- 20:22Well then that's just Fiat thinking, You know, it's never
- 20:26too late to stack Sats. Someday in the future, that's
- 20:32all you're going to be able to do is stack Sats.
- 20:34There won't be any dollars or rubles or other shit coins, you
- 20:40know, And I have to comment, you know, 60 something, Thousand.
- 20:45What is this, an Amiga candle for ants?
- 20:49I mean, come on. I love that.
- 20:52I love that. Yeah.
- 20:53And no, I gotta agree. I gotta agree with that.
- 20:56And again, I think these are the types of things where you only
- 21:02really realize, as time progresses and you start to see
- 21:06it, there's no way. Like, we talk about it, right?
- 21:10We talk about $1,000,000 Bitcoin and you know, as Bitcoiners we
- 21:14know that. We know it's gonna get there.
- 21:15It's absolute scarcity and all that stuff.
- 21:18But you know, you don't really feel it.
- 21:20Like you truly, truly feel it. Like just like I knew that
- 21:23Bitcoin was gonna be made legal tender, just like I knew like a
- 21:26a public company was eventually gonna buy this thing.
- 21:30It's one thing that you know that's gonna happen because of
- 21:32the game theory. And then the other thing
- 21:34happening is essentially it actually happening, right?
- 21:37Like I didn't know it was gonna be, Michael said.
- 21:38I didn't know it was gonna be El Salvador, right?
- 21:41So we know that it's gonna hit $1,000,000.
- 21:45We just don't know when. And I think it's gonna feel
- 21:48effing. Great when that happens.
- 21:50And I think when it gets to a million, then I think it's gonna
- 21:52go to 2 million, then it's gonna go to 5 million, then it's gonna
- 21:55go to 10 million, right? What's the math?
- 21:57Infinity divided by 21 million. So.
- 21:59So yeah, I completely agree with American Huddle.
- 22:01There's tremendous amount of opportunity here.
- 22:03And the only question is are you gonna get on the train or are
- 22:06you gonna get left behind? Really.
- 22:07That's it. It's it's what Pierre Rashard
- 22:09said. It's not going to $1,000,000 per
- 22:12Bitcoin, it's going to $1,000,000 per SAT.
- 22:15Dude, I got I I gotta like, I gotta like level up my game,
- 22:18dude. You're not bull tarded man.
- 22:20Rashard is like, you know, he's like a serious guy and like the
- 22:24conviction that he says it with like and it's like total
- 22:27deadpan, like 100% serious. He's like $1 million per SAT.
- 22:31I can't even do it, bro. Like he's so good at that, you
- 22:35know? So anyways, all right ladies and
- 22:37gentlemen, let's talk about Coinbase adopting Lightning kind
- 22:41of using a third party, what the implications of that are going
- 22:44to be. I think the implications
- 22:46personally are going to be absolutely huge.
- 22:48So let's get, let's get into it, let's get to the news, here we
- 22:50go. And someone in the comments said
- 22:51BTC Believer can't wait till one SAT equals $1.00.
- 22:56It's going to be awesome. I think that's $1 million per
- 22:58Bitcoin. 100 million. 100 It's a hundred.
- 23:02Oh, wow. Mass is hard.
- 23:06Let's let's get to 1,000,000 first.
- 23:08All right, everybody, let's hit the news.
- 23:10We have a lot to talk about. Let's check it out.
- 23:11Here we go. But before I want to play this.
- 23:15Well, because. They want to.
- 23:16Sell. It eventually, Michael.
- 23:18I mean, let's be honest, most of the people who are, yes, sure,
- 23:20some people pass it on to their children, but like most of the
- 23:23people who are buying assets at some point want to sell the
- 23:27assets at a profit. So I.
- 23:29Guess. Let me say it differently.
- 23:30People that use Fiat currency as a store of value, there's a name
- 23:35for them. We call them poor, OK?
- 23:39The Daily News I want to give a shout out to our sponsor,
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- 24:37All right guys, before we jump into the news, you can use the
- 24:41QR code on your screen right now to take you directly to the
- 24:47Foundation Devices website, where you can get yourself a
- 24:50Passport hardware wallet. Remember guys, not your keys,
- 24:54not your cheese. If the Bitcoin that you're quote
- 24:57UN quote buying is not in cold storage and you're the only
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- 25:06Bitcoin. That's the reality.
- 25:07Self custody is a revolution. Get yourself a hardware wallet.
- 25:10And of course you recommend our sponsor, Passport by Foundation
- 25:13Devices. By the way, OPTI said this to me
- 25:15the other day cuz I paired it up.
- 25:18If you pair up the Passport with the Envoy app, it is so freaking
- 25:22easy. It is awesome.
- 25:23It's a really, really great experience.
- 25:25It's so smooth. I had way too much Bitcoin on a
- 25:29phone wallet and I was like, all right, I'm going to El Salvador.
- 25:32I might leave my phone and I set it up with Envoy and I literally
- 25:36texted Nico out and I'm like, dude, it's such a it's so easy.
- 25:40It's such a smooth process. Absolutely love it.
- 25:42Wait, wait, did you flip the camera?
- 25:45No, no. We got sessions here looking all
- 25:46cute. On the other side of this,
- 25:47we're. Gonna We're gonna work.
- 25:49We're gonna work session in. We'll work him in anyways.
- 25:53OK, so let's talk about this. I have Brian Armstrong on
- 25:58screen. Look, let's get sessions in
- 26:01here. I really want to get his
- 26:03thoughts as the premier Bitcoin tutorial.
- 26:09Here we go, bombing the show. We're doing it live.
- 26:12We're doing it live. We'll do it live.
- 26:15OK, so why do I have a picture of Brian Armstrong on screen?
- 26:20This is going to be a very uncomfortable truth for a lot of
- 26:23Bitcoiners on the desk. Can you move the camera back?
- 26:27This is going to be a very uncomfortable truth for a lot of
- 26:29bitcoiners. But I'll show you the numbers.
- 26:32I think the numbers speak for themselves.
- 26:35Coinbase had 108 million users in 2022, up from 56 million
- 26:42people in 2021. This equates to 92.8% year on
- 26:48year growth. The platform's user base is up
- 26:51over 100 X in the past nine years and recently Coinbase just
- 26:57announced. Of course they can't use all
- 26:59their 3000 or something developers, They have to use a
- 27:02third party, which is hilarious. Coinbase partners with
- 27:05Lightspark for Lightning Network integration.
- 27:07This is something that Brian Armstrong promised for a very,
- 27:09very long time and they finally they you know, they seems like
- 27:14they finally pulled the trigger. So I'm going to read some of
- 27:16this goes on to say thrilled to announce that Coinbase has
- 27:19selected Lightspark to enable the Bitcoin Lightning Network
- 27:23across its platforms and services.
- 27:25Yet another significant milestone for Lightning.
- 27:27Lightning to many millions of new people and 100 countries
- 27:30coming soon. It goes on to say the
- 27:34integration allows Coin Base to benefit from scalable, reliable,
- 27:37and fully optimized node infrastructure that provides a
- 27:40deep suite of functionality through a simple and intuitive
- 27:43interface. Goes on to say we're excited to
- 27:45partner with Light Spark to eliminate payment barriers and
- 27:48enable fast and cheaper Bitcoin transactions through support for
- 27:52the Bitcoin Lightning Network. That's AVP of corporate and
- 27:55business development at Coinbase.
- 27:56It's interesting to say because it kind of defeats the purpose
- 27:58of a lot of the shit coins that they're peddling to people,
- 28:00right? Lighting up all the Coinbase
- 28:03touch points with Lightning will profoundly impact the overall
- 28:05network usage at a time when it's needed most given the
- 28:08rising price of Bitcoin and Bitcoin Layer one fees added
- 28:11Light Spark in the press release.
- 28:13Bryan Armstrong with a tweet has been great working with Light
- 28:16Spark on our Lightning integration which should be
- 28:19launching soon. So I'm going to say this and I
- 28:22know it's going to unsettle a lot of bitcoiners.
- 28:25This man right here, you know, the CEO and founder of the
- 28:29world's largest shit coin casino, which also by the way,
- 28:33custodies the vast majority of the Bitcoin ETFs.
- 28:37Bitcoin. This man right here, I'm telling
- 28:41you, I'm going to get shit for it, but I'm going to say it
- 28:43anyway, has probably done more for liking adoption than anyone
- 28:48else just because of the amount of users that Coinbase has.
- 28:53That just the reality. I read you guys there.
- 28:55It's 100 million users, no Bitcoin on RAMP even comes close
- 28:59to that. I'm sure they will one day shout
- 29:02out Bitcoin well, but you know right now just Coinbase has a
- 29:06huge head start. They've been around since 2013.
- 29:08They're they entice people with, you know, these gains and memes,
- 29:11coins and all this bullshit. But you know, maybe they let the
- 29:15the Lightning Network Trojan horse in, man and maybe it is a
- 29:19unpopular opinion, but I'm going to stick to it dude.
- 29:22Like the fact that they have so many users and they're
- 29:24integrating Lightning Network to the platform like it's a massive
- 29:28deal and and as much as Bitcoiners hate Coinbase.
- 29:32Yeah, I would I would echo that 100%.
- 29:34I I again I there's a lot of stuff that Brian Armstrong
- 29:37Armstrong does that I do not like.
- 29:40This is not one of those things and you know at the at the end
- 29:43of the day, yeah they've got a massive user base.
- 29:46I think you know, I you're you're right in, in terms of how
- 29:52much this will do for Lightning. Like in in terms of number of
- 29:56new users that will now be Privy to Lightning, this single move,
- 30:01yes, that does a lot. But why did he make that move?
- 30:06Because of the work that the people did before him, right.
- 30:08You got mallards out there. You got all these people that
- 30:10have been championing Lightning and building out the
- 30:13infrastructure and you have all of the plebs that have been like
- 30:17guys, what are you doing? Well like how are you still not
- 30:21on Lightning and like I guess better late than never, you
- 30:25know. But it it was I I think they got
- 30:28to a point where they could not ignore it anymore.
- 30:30Right? Like this we're we're in a
- 30:32country right now where like everybody has a lightning
- 30:35wallet. Right?
- 30:35Like this is you can't it's too big to ignore.
- 30:39And and this is the reality of it and I love what you said.
- 30:42This absolutely all of the use case, so it's fast and quick.
- 30:46Use nano like go fuck yourself. It it, it defeats the purpose
- 30:51And also you know Ben you you dedicate your life to making
- 30:54some of the best tutorials in Bitcoin right?
- 30:56And some of those tutorials are are related to lightning walls
- 30:59and I think I even called you when wallet of Satoshi got
- 31:02rugged in the US and I'm like bro like and I said I'm like I
- 31:06said bluntly I'm like this lighting fucking sucks because
- 31:09it wasn't like whatever I ended up figuring it out I had get all
- 31:12be I I connected it with my Zeus wallet aren't you proud of me.
- 31:16And now it works Florida State and then of course the primal
- 31:19app is so badass right with the wallet kind of integrated and I
- 31:22kind of figured it out and I had to like you know figure out
- 31:24because I love lightning. I love the the user kind of
- 31:27experience. So like you know, from a
- 31:30tutorial basis. I mean, dude, you're you're
- 31:33going to get a fucked confuse when a lot of these shit coiners
- 31:36start using the Lightning Network.
- 31:38Yeah, that's probably a good thing that I should probably be
- 31:41are. You a fan of Brian Armstrong?
- 31:44I wouldn't go that far, but you know, maybe he'll he'll funnel
- 31:48some more viewership. I'm going to.
- 31:49Unfortunately, what I'm going to have to do is I'm going to have
- 31:52to get a Coinbase account and show how to do a Lightning
- 31:55withdrawal. Dude, that's a oh.
- 31:57My wow entering the dark side. It's going to be I'll I'll I'll
- 32:02be like here's how to withdraw from Coinbase from the lat for
- 32:04the last time via lightning. Dude, yeah, it's it's it's so
- 32:08crazy. It's so crazy.
- 32:09But look also you you said a really good point and I do want
- 32:12to bring that up, right? We would not be here without all
- 32:16the Lightning debs, without the massive peer pressure on Twitter
- 32:21at at who. Who was it that initially told
- 32:23Call that, Brian? It was Joe.
- 32:26So Joe Nakamoto was like it was was kind of giving him shit like
- 32:30as he does it as a friendly you know lovable Brit.
- 32:34But none the less he was giving us some shit And then he said
- 32:38Brian said that he would send him some Bitcoin and and Joe
- 32:41threw up a lightning address and and Brian thought it was an
- 32:45e-mail address. He didn't understand what it was
- 32:48and look that like That's how uninformed he was very recently
- 32:51on Lightning. So like you know, I I maybe that
- 32:54was maybe this is all thanks to Joe in the end.
- 32:58Dude, shout out Joe Nakamoto for pushing Lightning Network.
- 33:03Adopt literally Joe. It wasn't Brian, guys.
- 33:06It was Joe Nakamoto that this is literally going to fundamentally
- 33:09change the face of the planet for convincing Brian Armstrong
- 33:12to adopt the Lightning Network. And I'm just curious.
- 33:16Like, I wonder what. I wonder what a lot of the coin
- 33:18basics are going to think with all the shit coins.
- 33:21Like why? Why should they buy a lot of
- 33:22them? It'll it'll be hilarious to to
- 33:26watch the cognitive dissonance of like oh wow like I I withdrew
- 33:31in seconds and it was cheap. As long as you know how some
- 33:35some some exchanges will still they'll tack on like a big fee
- 33:39regardless of how efficient it is and like you know there's the
- 33:43exchanges where you they you know forever.
- 33:46Coinbase wasn't batching transactions until there was
- 33:48such a push back there. Coinbase is is like the the the
- 33:52biggest behemoth that is the slowest to move right And and so
- 33:56it's just they don't do things so they have to they don't add
- 33:59Segway till they have to. They don't add batching
- 34:02transactions or or beck 32 addresses or any of these things
- 34:05until they have to. Unless it's Bitcoin Cash and you
- 34:08want to. Yeah, man, it's, you know, it's
- 34:12kind of like the Evil Empire and you know, that's the way that I
- 34:16see it. Again, they've they've caused so
- 34:18much damage, you could say that they've slowed down the adoption
- 34:21of Bitcoin and, you know, so, but OK, so this is the
- 34:25announcement. Let's see how the rollout's
- 34:27gonna be. We're gonna tune into BTC
- 34:30sessions tutorial on it, let's see if you know if it is an
- 34:34actual, you know, Lightning Network integration and it
- 34:37actually functions like a Lightning wallet.
- 34:39But you know, if this news is true, but this announcement, it
- 34:42looks legit, you know, this is a big effing deal for the
- 34:45Lightning Network. This is a lot of adoption.
- 34:47It's a lot of people that are getting exposure to, oh wow,
- 34:50Bitcoin really like Bitcoin's actually pretty fast.
- 34:53Like, you know, I don't have to use layer one Bitcoin.
- 34:55Anyways, Opti, what's your take? And then we'll get our guest
- 34:58take. Yeah.
- 34:59So I mean my first take is kind of adding to what you guys are
- 35:02saying. We say it all the time, you know
- 35:04the free market will finally force your hand.
- 35:07And as much bad as Brian Armstrong and Coinbase has done
- 35:10for Bitcoin, we do have to applaud him when he does
- 35:13something good. Maybe you don't have to become
- 35:15fanboys but this is good for Bitcoin and really I'm just
- 35:20going to double down on the on the idea of like doesn't this
- 35:23necessarily break his whole business model of being a coin
- 35:26casino and now they're using lightning.
- 35:28Like what's the point of all these other coins.
- 35:30Remember how many times Coinbase has flooded Bitcoin be like oh
- 35:33it's slow and clunky and there's only what 7 transactions per per
- 35:38block or whatever. What, No, 7 transactions per
- 35:41second? And now they're using Lightning.
- 35:43And to Ben's point with Joe Nakamoto and and Brian
- 35:47Armstrong, it just goes to show that if you spend so much time
- 35:51in in the Bitcoin corner, you don't understand all of the
- 35:56stuff being developed on Bitcoin and you're literally like to
- 35:59your own detriment falling behind.
- 36:01It's like, how long has he been in Bitcoin?
- 36:04He's been fighting Lightning Network for years now and then
- 36:08when you go to ask him to use. It he's like, wait, like what?
- 36:11What is this? Thing and you're just like
- 36:13you're you're literally like one of the biggest Bitcoin companies
- 36:16in the space and you don't know what's going on on Bitcoin
- 36:18development because you're so focused on Chick coins that it
- 36:21just goes to show like Chick coins are bad for you.
- 36:24Do not research Chick coins, it's Bitcoin only.
- 36:27This is why it's simply Bitcoin in the 1st place.
- 36:29But again, the numbers. What?
- 36:32What was it that was like 2022 to 108 million users?
- 36:36That has to have gone up, as we are all joking in the chat.
- 36:40You know, maybe now coin base won't go down because you know
- 36:45there won't be a need for them to go down on the back end
- 36:48because people are using lightning.
- 36:50And the amount of exposure that that just everyday new person is
- 36:54going to get to lightning will prove to them that Bitcoin
- 36:57works. It's going to get mass adopted.
- 37:00People are improving this and you like, look, I'm not the
- 37:04biggest fan of Coinbase and man, Brian Armstrong, but like, you
- 37:07just love to see it. It just goes to show that more
- 37:09people are going to start using Bitcoin.
- 37:11They're going to go down the Bitcoin rabbit hole and they're
- 37:14they're going to realize that Bitcoin is the future and they
- 37:17don't need to gamble on Chick Coins.
- 37:19Unless you know you're gambling, then by all means, you know, do
- 37:22your D Gen. behavior. But Bitcoin works, so you know,
- 37:24lightning works. And now I'm sure they're going
- 37:27to have a huge node. They'll probably be a a pretty
- 37:30decent routing node. So like, you just love to see
- 37:33that they are catching up. To it.
- 37:34That is so like it would. You're just saying that I'm
- 37:37like, there's no fucking way. There's no way.
- 37:39There's no way like what is? It's it's like, oh man, like.
- 37:42And then also, can we acknowledge the fact that what's
- 37:45the company that David market Light Spark or Lightning Spark?
- 37:48Did they have to pay a $10,000 fee to use this?
- 37:52Maybe, maybe there's a benefit to this, but they could do the
- 37:55same thing. Obviously, it's a little more
- 37:57manual and it's probably better to have a third party like like
- 38:00you guys are saying. So there's someone to blame, but
- 38:03hey, you just love to see it that more people are adopting
- 38:05Lightning. I love how they have like, bro,
- 38:08it's like a massive public company.
- 38:10They have all these developers and engineers and like, they
- 38:12like, they just avoid. It's like, no.
- 38:14Like, let's just use a third party for this Bitcoin thing.
- 38:18This money is gonna absolutely change the world.
- 38:20Let's just not build out our own lightning infrastructure.
- 38:23Let's just rely on a third party.
- 38:24I find that absolutely hilarious.
- 38:26I think the best thing is that, I mean, Coin Base is the
- 38:29greatest champion of third parties.
- 38:31It's kind of the thing, guys. So I'm do you, do you think
- 38:38Brian Armstrong is probably going to watch your tutorial?
- 38:42I was, you know, I was in the Coinbase documentary because of
- 38:45a video that I made called Why Delete Coinbase?
- 38:48And it was, and it was 30 minutes long of reasons to
- 38:52delete Coinbase, and there were many.
- 38:54If I were to redo it right now, it would be an hour, maybe an
- 38:56hour and a half. Oh man.
- 38:58So yeah, it's wait. Wait, at this point I think is
- 39:00when we say hashtag drop Coinbase.
- 39:03Hashtag drop Coinbase and go to bitcoinwell.com Best place to
- 39:06build your automatic self custody Bitcoin stack, right
- 39:09Ben? Yeah, yeah.
- 39:11So they I'm, I'm also now partner with Bitcoin.
- 39:14Well you know Adam was like Adam was one of the, so he's he's a
- 39:18buddy of mine. He lives close to me and he was
- 39:22one of the first places I ever earned SAT's.
- 39:25He had a network of Bitcoin ATMs in my city and I I approached
- 39:29him, I'm like, hey man, do you need any manual labor?
- 39:32And I was running around the city clearing cash out of ATMs
- 39:35and depositing into banks for him and doing all the and and
- 39:39just helping him out because he's like 3 hours north of me.
- 39:42And so those are some of the first Sats that I ever earned
- 39:44was was from him and and what kind of helped him you know
- 39:48build well not build things out but like keep things running and
- 39:51and we've just been kind of friends ever since.
- 39:53So that's like 10 years of knowing each.
- 39:56Other That's absolutely crazy. Yes, 10 years, man. 10 years.
- 39:59And again guys, Bitcoin, well, special because it's automatic
- 40:04self custody. So you can't buy Bitcoin on
- 40:05Bitcoin. Well as you're gonna take self
- 40:07custody and self custody is the resolution.
- 40:10You don't wanna. Have your Bitcoin custodied with
- 40:12a third party? Let's let's bring up lightning.
- 40:15Goats SAT. What?
- 40:17What's your thoughts on this? He's been using lightning.
- 40:20He's done more more for lightning than than our Brian
- 40:23Armstrong. What's your thoughts on this
- 40:25news? Well, you know, it kind of
- 40:27doesn't matter what Brian Armstrong does.
- 40:30Ours. He only makes the the network
- 40:33stronger, right? There's a lot of examples of
- 40:37this, including even the Shit Coinery itself.
- 40:42If you look at Shit Coinery, it was actually kind of a good
- 40:45thing. Imagine for a moment a nature
- 40:50documentary with a herd of antelope or something out on the
- 40:54Savannah and the lions are sitting out there.
- 40:59Bitcoin is one of the Antelopes and all the other shit coins are
- 41:03all the Antelopes. And all those other shit coins
- 41:07provided cover for Bitcoin to protect it from predators such
- 41:13as the SEC and all that kind of stuff, you know?
- 41:17So in this sense, the shit coin phenomenon was actually kind of
- 41:22a good thing. So in that case, Armstrong
- 41:28strengthen the network. I've been waiting for him to get
- 41:31on Lightning for a long time. You know, I used to use them
- 41:35because after Goxx exploded, Coinbase was kind of like the
- 41:43only trustworthy exchange out there.
- 41:46And so when I first got into this whole space of stack and
- 41:51Sats and all that kind of shit, I used Coinbase and stacked like
- 41:56a madman, you know, from the peak in 2014 down all the way to
- 42:01160 bucks. And then.
- 42:05So it really helped me out. But nowadays, not so much.
- 42:11I run my own node. I write my own code.
- 42:14I do what I can to work for the Bitcoin network, you know?
- 42:19And I wouldn't. I wouldn't.
- 42:26I wouldn't tell anybody to go to Coinbase like I used to back in
- 42:30the day, right when somebody was asking me about bitcoins or this
- 42:36or that. I'd be like go to Coinbase.
- 42:38It's an easy way to on ramp, but not so much anymore.
- 42:43I think as time goes on, they'll just become irrelevant.
- 42:48Yeah. I mean, I, I, I, I that's
- 42:51interesting. Yeah.
- 42:52I mean, I hope so. I hope so.
- 42:54I hope. I hope people adopt Bitcoin.
- 42:57You know, only on ramps like Bitcoin.
- 42:59Well, I, I, I, I, I agree. But you know the the growth is
- 43:03absolutely insane, right? Like the amount of users that
- 43:06they picked up like this graph. Insane like right Like it's just
- 43:10like literally escape velocity and I think it has to do a lot
- 43:13also with the way that Coinbase used the wrong one the way that
- 43:17Coinbase markets a lot of these you know shit coins they they
- 43:21kind of if you look it literally looks like a fucking casino.
- 43:25Like it like it has like little like you know it's like like
- 43:28little lights and you know like it's like incentivized for you
- 43:31to like and it equates it which is the the worst part.
- 43:35I think like the the worst sin that Coinbase does is that it
- 43:38equates Bitcoin to like I don't even, I don't even keep up with
- 43:42shit coin these days up what what's was the Pepe?
- 43:45I don't even know. Give me one Doge, OK.
- 43:49Like it equates Bitcoin to like doge and whatever on the list of
- 43:53things. You know And I think that really
- 43:54confuses people like first getting into the space and it
- 43:58hurts a lot of people like it wrecks people because they
- 44:02equate the two things you know. So anyways so yes the largest
- 44:07chick coin casino in the world just announced that they're
- 44:10integrating lightning. I think this is a net positive
- 44:13for the space. I think it's absolutely
- 44:15hilarious in my opinion that you know the Lex Luthor of the this
- 44:20whole thing is gonna, you know do a a tremendous amount for
- 44:25Bitcoin lightning network adoption.
- 44:27I see Opti has something pulled up.
- 44:29I don't know if you want. That's for the next.
- 44:31Part. OK, so yeah, so guys, stick
- 44:33around for the culture segment. We're gonna talk to SAT about
- 44:36what he's working on. Also, we're gonna talk to Ben
- 44:38too about what's going on at the having party and just there's a
- 44:42lot more events for today. So let's do it.
- 44:45Here we go. Let's check out the culture.
- 44:48But before we check out the culture, I do want to give a
- 44:52very special shout out to our sponsor.
- 44:55You got to stack friends who stack Sats.
- 44:58And of course I am talking about the Orange Pill app.
- 45:02Bitcointers are going to be some of the most influential people
- 45:06in the world, some of those powerful people in the world.
- 45:08And it's probably a good idea to you know what they say, stack
- 45:11friends who stack Sats build that Bitcoin network, that this
- 45:16is the Bitcoin social layer and it's also the number one app to
- 45:21create Bitcoin only events. And they have this really
- 45:23interesting filtration system. So if you go on the Orange
- 45:26Palap, they have this filtration system to make sure that you're
- 45:30this is no shit corners on the app, right?
- 45:32It's literally only bitcoiners. They connect with you.
- 45:35I go out of my way to answer every single one of those
- 45:39messages. Ben and I are advisors.
- 45:41So definitely recommend going on the Orange pull up.
- 45:44Also, there's a Simply Bitcoin group, you can join it and I'm
- 45:47pretty active on there. You guys have any questions for
- 45:50me personally, If you guys want to drop any memes for Opti for
- 45:53Friday, for the meme review Fridays, which we're gonna do
- 45:55tomorrow, just tag us on the orange pull up.
- 45:58So guys, download the orange pull up today.
- 46:00Again, it's a great way to connect with bitcoiners in your
- 46:04area. You could scan the QR code or
- 46:06check the link in the video description.
- 46:08All right everybody, let's get to the culture, the daily
- 46:12culture. All right, I want to give a
- 46:19shout out also to Kaboom Racks. Kaboom Racks is the most trusted
- 46:22place to buy, sell and host mining equipment.
- 46:25And what you could do to check out their Telegram marketplace.
- 46:27You can scan the QR code on your screen, or you can check the
- 46:30link in the video description. You can connect with a member of
- 46:33their sales team. They make purchasing their
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- 46:46journey today. Visit Kaboom Max.
- 46:49All right, Opti, it's all yours. All right, all right, let's go.
- 46:53OK, so SAT, AKA Lightning Goats. Let's start with what is
- 46:59Lightning Goats? And then I'll pull up the
- 47:00YouTube and and then we can try this live stress test.
- 47:05Lightning Goats is a a live streaming Bitcoin interactive
- 47:10goat feeder with a Noster integration.
- 47:15It's a a passion project of mine.
- 47:19I also wanted a way to find a way to work for the Bitcoin
- 47:22network and doing it. I'm not a like a super coder or
- 47:30anything like that so. Hold, hold, hold on a second.
- 47:34Do do you just say we're gonna be able to feed goats with
- 47:36lightning? Yes, yes.
- 47:38Holy shit. OK, All right, let's, let's,
- 47:40let's. Do this in real time.
- 47:42Where did we find this guy? All right, So what are what are
- 47:46we looking at right here Sat what what is going on here?
- 47:50And then let's see if we can stress test this.
- 47:53I'll, I'll drop the link in the chat so people can get to it,
- 47:57but maybe I can full screen it and they can see.
- 47:59Oh my God, looking awesome. All right, So what What are we
- 48:02looking at? What is this?
- 48:04Those are the goats. Those are the lightning.
- 48:06Goats. It's.
- 48:09Literal. Goats live with a little bit of
- 48:11lag. You know just how a regular
- 48:13video broadcast is? The guy that you see out right
- 48:17there in the yard is Cosmo. There's four other goats
- 48:23positioned here and there, and people can scan the QR code.
- 48:31They can send lightning payments to the herd at
- 48:34lightninghyphengoats.com, or they can ZAP on Noster and it
- 48:41triggers messages and all that kind of stuff.
- 48:44The progress bar that you see on the bottom there, when people
- 48:50contribute stats, the progress bar increases.
- 48:53When it reaches 100%, it triggers the goat feeder there,
- 48:57and it's actually pretty exciting.
- 49:00I'll send over 1000 Sats. I got.
- 49:02I got it. I'm doing it right now.
- 49:04I am. This is this is blowing my mind.
- 49:07I did not know I was gonna do this today.
- 49:09And I'm having a lot of fun. This is fucking awesome.
- 49:12Holy shit, you. See you guys blew me off for
- 49:16fucking months. Look at what you missed.
- 49:20Oh look, look, one sat to go. Oh.
- 49:25My God holy. Shit.
- 49:30Dude, they know they they're Pavlovian.
- 49:32Goats over here. OK, I'm doing that again.
- 49:34I want to do it. OK, here's here's another one.
- 49:38OK, wow. Hold on.
- 49:40How quickly? How quickly?
- 49:42Another thing that's pretty cool about this is people can join
- 49:45the cyber herd on Oster. And what this is, is anyone who
- 49:49likes or reposts the note with a limit of up to 10 people gets
- 49:54added to the cyber herd and it's a lightning prism.
- 49:58So when the feeder gets triggered, people that are in
- 50:01the cyber herd get sats sent back to them as well.
- 50:05So you feed the goats in the real world and you also feed the
- 50:08Noster goats out there. And I'd like to mention, give a
- 50:13shout out to a couple other somewhat related projects, or at
- 50:17least one related projects, specifically a guy named Rex
- 50:21Damascus and his projects. Rex has been a great supporter
- 50:28from the very beginning. We've been at this, I don't know
- 50:31about eight months or so. I won't.
- 50:36I won't throw out actual numbers, but the goats now have
- 50:40more sets than your average human being would if you divide
- 50:44that 21,000,000 by the by the population of the earth, right?
- 50:50So someday these all these goats are going to be, you know,
- 50:57kicking butt. Holy cow, you guys are really
- 51:00making me go cut. Go nuts.
- 51:01Yeah, they're they're definitely over feeding the goats now.
- 51:05Were they starting before the show?
- 51:09What's that? Said Were the goats starving
- 51:12before the show are are they? They only eat because they get
- 51:16triggered and you guys pay them on lightning.
- 51:19No, You know, they they get lots of food throughout the day.
- 51:23They they go out and forage twice a day, right around 12 and
- 51:29around 6:00 at night. That's where they get about 90%
- 51:33of their food. We give them a little bit of
- 51:35supplemental hay and then of course the treats.
- 51:39The goats love the trees. Now, this whole thing was kind
- 51:43of like a how do I solve a bunch of different problems at once,
- 51:48right? I wanted to do something for the
- 51:50goats because I really like my goats and I wanted to,
- 51:55literally, I wanted to say, hey, I work for Bitcoin, right?
- 51:59Not, not the, not the thing of I'm earning Bitcoin, but I work
- 52:04for the Bitcoin network and this is how I did it.
- 52:07You know, I also wanted to do something that kind of cross
- 52:11promotes Noster and helps people when they on board on Noster,
- 52:16find uses for the Lightning Network.
- 52:20It's kind of cool in the sense that it's an energetic circle of
- 52:25life, right? People go out there and they
- 52:27work, they earn saps, they send the SAPS to the goats where they
- 52:33reinsert the real world again as A and Timothy pay, Timothy hay
- 52:40pellets and all that kind of stuff.
- 52:46It's a part of the Orange Standard or Bitcoin standard
- 52:50lifestyle right out in 2017. And this is how I spend my time
- 53:00now. Thank you Bitcoin for making my
- 53:04life awesome. Love it.
- 53:06Same. Same.
- 53:07So I got a question. The Largo stop.
- 53:09OK, so for anyone who doesn't understand what is happening, if
- 53:12you're audio listeners, OK, all right, so this guy SAT, he's the
- 53:17fucking man, all right? And he built an automatic like
- 53:22goat feeder. When you stream it SAT's, it
- 53:26drops goat feed and the fucking goats go ham and they attack the
- 53:30goat feeder and there's a live stream camera and we're watching
- 53:34this right now. Yeah, go to Lightning Goats on
- 53:37Twitter or YouTube. Sorry, at.
- 53:38Least sent 10,000. No.
- 53:42Twitter nostril only but go to search lightning goats on
- 53:45YouTube and you can see the live stream.
- 53:47But SAT I do have a like AI guess more of a technical
- 53:50question. How did you actually set this
- 53:52up? Like what?
- 53:53What are you using to to like trigger this and what what
- 53:57lightning platform are you using?
- 53:59I run an L&D node. It's in Sweden, and that node
- 54:06also has a wire guard connection on it that hooks to a little
- 54:11Raspberry Pi in my house on that runs a home automation system,
- 54:18Open hab and that triggers the feeder, right?
- 54:24And it there's also Noster integration, there's a lot of
- 54:28pieces. You know, I've been thinking
- 54:31guys, I could set something up for you.
- 54:33It's very similar what you see on there, you know the QR code
- 54:38and the scrolling text, that's just an overlay in OB Studio.
- 54:44It's a HTML file that interacts with an Ellen Bits install that
- 54:52I have and Dale and Bitson stall takes care of doing a lot of the
- 54:58the back end lightning stuff. But what it does is it allows
- 55:03you to accept lightning payments in real time on your live
- 55:07stream. So if you ever want me to code
- 55:11for simply Bitcoin, I'd be happy to do it.
- 55:15Love it? Yeah.
- 55:15I'll get in touch with you because I've been.
- 55:17I've been trying to do the. QR code.
- 55:18But don't worry, OK, OK, Holy shit, this is fucking awesome.
- 55:24I just got to say that this is extremely impressive.
- 55:27This is awesome. And would you be open to making
- 55:32like a like an Opti Taco feeder? You know, you guys got to take
- 55:39it easy on Opti, yeah, yeah. Exactly.
- 55:44Oh man. Dude.
- 55:46Holy. The the the Opti Taco feeder is
- 55:48actually Christine Lagarde, right?
- 55:53Oh. Man, this is this is epic.
- 55:57This is awesome. Wait, wait, Ben, would you be
- 55:59open to I got another joke Lab tutorial maybe?
- 56:02Yeah, I I think it's like here's, here's how, here's how
- 56:06to trigger Christine Lagarde to feed Opti Tacos.
- 56:09And perhaps we could we could also have a Head and shoulders
- 56:12dispenser as well. You know, I kind of I never knew
- 56:16if Opti liked to eat tacos because he said he didn't like
- 56:19pubes on his face, right? But then he was like, well,
- 56:22Christine must be, she must have gone through.
- 56:27TMI lasers. You guys know lasers?
- 56:30Dude, I fucking love bitcoiners, man.
- 56:32This is sad. I'm not just saying this.
- 56:34This is like, okay. So we had one stream where we
- 56:39had a guy pick up a chicken okay and that was like a highlight
- 56:43for me. You just fucking went up the
- 56:46fuck out of that guy And this you're you're literally one of
- 56:50my favorite guests of the year. This isn't absolutely
- 56:53incredible, what you've done. And this is so fucking cool.
- 56:57And those must be some really fucking happy goats.
- 57:00So they're very lucky to have you.
- 57:02OK Nika do one more before before we wrap this show up or
- 57:05someone someone hit the the the QR code real quick, let's let's
- 57:09feed them one more time all. Right, here we go.
- 57:11Let's, let's send those goats some food.
- 57:14Here we go. Hi, we're feeding goats.
- 57:23And Sessions, while I have you here, I wanna get on your Why
- 57:29are We Bullish show. If we can do live goat feeding,
- 57:33say no more, why are we bullish and goats.
- 57:39It's happening. So yeah, we'll do it.
- 57:41We'll do it. Let's you guys link me up and
- 57:44we'll and well, I think, I think it'll be every time we switch
- 57:49guests we we have to feed the goats.
- 57:51That's how we that's how we do it.
- 57:53Yeah. Love it?
- 57:54All right. So Seth, do you know your Noster
- 57:57and pub? Because people want to find you
- 57:59on Noster? Do you do you memorize this or
- 58:01how can they find you on Noster? Just do a search, man.
- 58:08It's the Internet, you know, And you'll you'll find me on Noster.
- 58:12Search for lightning goats. Not too hard to find.
- 58:17There's Noster is an awesome echo chamber, right?
- 58:24Though it's on simply Bitcoin right now.
- 58:27Yeah, I don't know my fucking in pub.
- 58:29I know. I'm just trolling.
- 58:30I'm just trolling. I asked that to everyone.
- 58:33But yeah, guys. So if you want to find him, he's
- 58:35on Noster. He's not on Twitter, but you can
- 58:37find him on YouTube. Just search Lightning Goats.
- 58:39He's got a live stream. This live stream is 24 hours,
- 58:42right? No, no, this only runs during
- 58:44daylight hours. OK, we live off grid.
- 58:47We're we're completely solar for everything.
- 58:51And so I have to wait until the batteries are charged enough in
- 58:54the morning, and once they are, I turn on the goat feeder and
- 58:58stream and all that kind of stuff.
- 59:00Can I can I just say that I love the effort you put into creating
- 59:03a literal logo that is a goat that is flanked by a Bitcoin
- 59:07bee. So it's light lightning goats
- 59:11that he. You do have a Nippo 5, which is
- 59:14heard at lightning dash goats dot coms.
- 59:17Is that you? It must be like unless there's
- 59:20another lightning goat feeder on Noster, it's clearly you.
- 59:23It's. Clearly me, we also host all
- 59:27that stuff ourselves too. Or yeah, me and herd, you know
- 59:31the goat herd. We do all our Nip O 5 stuff,
- 59:35Ledge 16 stuff. If you want a lightning goats
- 59:40vanity address, go to lnb.bulverker.com BOLVER
- 59:46ker.com. You can find on there where to
- 59:55get yourself a Nip 5 verified and all that kind of stuff.
- 1:00:00You know what I would be I would be fully down if the prevalent
- 1:00:04Nip 05 implementation, if most people had a lightning goats, if
- 1:00:11all ever all the nostril users were like BTC sessions at
- 1:00:16lightninggoats.com. Like I would love to see that to
- 1:00:20become a prevalent Nippo 5 to be used.
- 1:00:24Yeah, I know it. Awesome.
- 1:00:27Sad. This is awesome.
- 1:00:28Everyone in the chat's going. There's so many possibilities
- 1:00:30for this. So what?
- 1:00:30You can basically just use Ellen bits and and you know MacGyver,
- 1:00:35your own kind of set up with this the the.
- 1:00:37Possibility. Yeah.
- 1:00:38You know, you have to have some coding skills.
- 1:00:42The secret sauce to my project at this moment is actually
- 1:00:45artificial intelligence, right? I I know how to leverage DBT or
- 1:00:51Claude. Or or whoever these AIS are to
- 1:00:55help me write the code. Because I mentioned before, you
- 1:00:58know, I'm a programmer, but I'm not like a great programmer or
- 1:01:02anything like that. So the AI really helps.
- 1:01:05What do you mean? You're not a great fucking
- 1:01:07programmer, dude. This is insane.
- 1:01:08This is fucking crazy. This is the this is the coolest
- 1:01:12shit I've ever seen, bro. They can't even fucking figure
- 1:01:14out how to build lightning on doing an automated goat feeder
- 1:01:20with lightning. This is this is the the fucking
- 1:01:22coolest shit I've ever seen. Yeah, you know Armstrong is only
- 1:01:25making excuses, right? I'm just some dude that lives
- 1:01:28out in the mountains. And I I I did this.
- 1:01:32Armstrong wishes he could feed goats with lightning.
- 1:01:35Fucking he does, man, you know? And Elon Musk wishes he could
- 1:01:40host my my stuff. But his platform sucks for this
- 1:01:44kind of thing. You know, how the hell am I
- 1:01:48going to get any kind of reach or viewers on on Twitter?
- 1:01:53Literally, you know how am I going to set up an in pub for
- 1:01:57each goat? I can't do that on Twitter.
- 1:02:00Or am I going to Nost or blue check every fucking goat?
- 1:02:03No, it ain't happening man. Even if I even if I did that,
- 1:02:07you know X or Twitter or Musk or any of those guys are probably
- 1:02:11going to want to cut of my sats, you know?
- 1:02:13And these are mine. Elizabeth Warren right now is is
- 1:02:19pining at the gills to KYC these goats.
- 1:02:22Yeah, they're. I mean, they do look like
- 1:02:24shadowy super goats, I'm going to say.
- 1:02:28You know, if if any guy, if anybody out there is like a a
- 1:02:31super fan or just a a real hardcore Bitcoin, or if you come
- 1:02:38through my area or you think you may be coming through my area in
- 1:02:43the future, you can come meet the goats.
- 1:02:48The only caveat being is you have to be a true bitcoiner to
- 1:02:53come here and that's it. You know, if you're a true
- 1:02:57bitcoiner, I'd be more than happy to show you around.
- 1:03:01We live on 40 acres in an earthship.
- 1:03:05It's a passively heated solar home.
- 1:03:10Freaking awesome, you know? And we got the goats, so feel
- 1:03:17free to hit me up if you're ever We'll just give a general
- 1:03:21geographic location if you're ever in Colorado.
- 1:03:26Love it. Love it.
- 1:03:27Sat Yeah guys, get connect with SAT on this guy, this guy on
- 1:03:32Twitter. Big duck Energy.
- 1:03:34This channel is changing lives one go at a time.
- 1:03:40Oh, man. Yeah.
- 1:03:41How do we follow up? Sat with the with the next
- 1:03:43guest. Oh, man.
- 1:03:44Amazing. Amazing.
- 1:03:45All right, Sat. Well, we're running close to the
- 1:03:47end of the hour here. What's the last message you want
- 1:03:51to leave with the audience before we wrap this one up?
- 1:03:55Make sure to lengthen your time horizon as far out as you can.
- 1:04:01And you know, ask not what Bitcoin can do for you, right?
- 1:04:07Figure out ways that you can enhance the network, whether
- 1:04:10it's making a goofy goat feeder or simply Bitcoin show or
- 1:04:14whatever it is. Centre your life around
- 1:04:19strengthening the thing that is going to help humanity.
- 1:04:24Love it, Love it. Couldn't agree more.
- 1:04:26Couldn't agree more. Absolutely love it.
- 1:04:28What a great show. All right, Nico, Think we're
- 1:04:33getting to the top of the hour. I see he's doing some other work
- 1:04:35over here. We're getting to the top of the
- 1:04:38hour. We we got a a like a pretty
- 1:04:41large donation so I'm I'm. Oh, let's go.
- 1:04:44Thank you for the 9 millions of doshi's.
- 1:04:46Appreciate it. Amazing.
- 1:04:51Yeah, some kind of yeah. Anyways, holy shit the fucking
- 1:04:54goats and this the having party. Anyways guys, thank you so much
- 1:04:57for tuning into Simple Bitcoin live.
- 1:04:58If you enjoyed the show, you know to do smash alike, but I
- 1:05:00consider subscribing. If you feel like we provided you
- 1:05:02value, check out Lightning Goats.
- 1:05:05It's, you know, it's it's absolutely badass to say the
- 1:05:09least and really, really appreciate SAT for coming on the
- 1:05:13show. Definitely have to bring him on
- 1:05:14the show again. Hopefully it goes on Ben's show
- 1:05:17and do some live goat feeding with the tutorial.
- 1:05:23There will be goats. There will be.
- 1:05:25Goats. There will be goats to say the
- 1:05:26least. Also wanna give a shout out for
- 1:05:28Ben? Thank you so much for joining us
- 1:05:29today and we'll be around at the HAVING party guys.
- 1:05:33Love you all. Thank you guys for tuning in to
- 1:05:35Simply Bitcoin and we'll see you tomorrow for another episode.
- 1:05:37See you guys later. Peace out.
- 1:05:40It was brought to you by bitcoinwell.com, a Bitcoin only
- 1:05:43platform on a mission to enable financial independence.