Latest / Simply Bitcoin / Jack Dorsey ACCELERATES Mass Bitcoin Adoption | EP 983

Transcript

Jack Dorsey ACCELERATES Mass Bitcoin Adoption | EP 983 · Simply Bitcoin

• 0:02
  It's. All going to zero against
• 0:05
  Bitcoin. It's going on forever.
• 0:15
  You're against Bitcoin. You're against freedom, yo.
• 0:23
  Welcome to Simbu Bitcoin Live here.
• 0:24
  Number one resource for the peaceful Bitcoin revolution.
• 0:26
  Cover breaking news called Traumatic Warfare.
• 0:28
  We'll be your guide through the separation of money in state.
• 0:30
  Ladies and gentlemen, welcome to Simply Bitcoin.
• 0:32
  The most watched daily Bitcoin live show on YouTube.
• 0:35
  Rumble and X. Sit back, relax, enjoy the ride.
• 0:38
  We have a lot to talk about today.
• 0:39
  Lots to lots to analyze, lots to unpack.
• 0:43
  Jack Dorsey's block is adding more Bitcoin to their balance
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  sheet. I think this is setting a road
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  map for other companies. They're putting 10% of their
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  profits into Bitcoin at the. I think it's at the end of every
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  quarter. And of course every company that
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  adopts a Bitcoin strategy or adopts some type of a Bitcoin
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  standard has a major competitive advantage.
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  They have a cheat code against other companies.
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  That's why it was a huge deal when the second largest bank in
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  Europe announced yesterday they they made a very small purchase.
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  It was like $40,000. They bought $40,000 worth of the
• 1:19
  BlackRock iShares ET Bitcoin ETF, but still number go up,
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  it's going to do its thing and then market incentives, you
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  know, will take care of the rest.
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  So definitely making progress in that sense.
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  And the other thing that I wanted to talk about today as
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  well and really break it down is this gentleman called Jared
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  Bernstein. There's a video of him that's
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  going absolutely viral on on Bitcoin Twitter.
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  I believe it's a, it's a clip from a, a, a, a, a, a movie of
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  some sort. But anyways, he is the chief
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  economist and economic visor to He was the chief economist and
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  economic visor to Vice President Joe Biden in the Obama
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  administration. And now he's currently the chair
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  of the United States Council of Economic Affairs economic
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  Advisors. Anyways, in this clip, he kind
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  of fumbles. And he he he's like, I don't
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  know, like we just print money and he can't explain it.
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  He can't justify it. And a lot of bitcoiners are
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  saying, like, look like these people have no idea what they're
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  doing. I'm gonna make the case that
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  they know exactly why they're doing.
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  Why am I saying that? Because he is part of the
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  Council of Economic Advisors, and they're the ones that are
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  responsible for writing the annual Presidential Economic
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  Report. We've covered that report.
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  That report in 2023 dedicated 20 pages, making the case as to why
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  central bank digital currencies are necessary and making the
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  case against Bitcoin. So you know, it's it's a lot
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  easier to play dumb. Like we have it, we even have a
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  saying in Spanish for it, which is like ACT El Pendejo, which
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  basically means like act dumb, be stupid.
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  And you can get away with a lot of things when you act dumb and
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  you pretend like you don't know what you're talking about.
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  So we're going to break it down and just kind of make the case
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  for you guys. Also, Coinbase finally launched
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  their Lightning integration and as much as you guys dislike
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  Coinbase and they are an altcoin casino, totally agree with that
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  you should be using Bitcoin on RAMPS.
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  You know the fact is that they have a massive user base, right?
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  So the fact that they're integrating Lightning I think is
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  a big win for the Bitcoin Lightning Network.
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  It's a big win for more people using Lightning Network, for
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  more people using Bitcoin. And I understand a lot of you
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  guys feel a certain way about Coinbase and it's totally
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  understandable, but that's the reality, like Coinbase is user
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  base is absolutely massive. So anyways, it's going to be a
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  great show everybody, so buckle up and enjoy the ride.
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  Anyways, I do want to bring a legendary Co host who's always
• 4:02
  optimistic. He's currently modeling the
• 4:05
  simply Bitcoin merch, the Peaceful Bitcoin Revolution
• 4:08
  shirt. You can scan the QR code on your
• 4:10
  screen, or you can check the link in the video description
• 4:12
  and it will take you directly to simplybitcoin.com where you can
• 4:15
  get yourself a peaceful Bitcoin Revolution shirt.
• 4:18
  We also got dad hats, snapbacks, all that stuff doing Opti.
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  What's up, bro? Man, I'm doing great.
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  It's a great Friday. And yeah man, just lifes, good
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  Lifes, good on the Bitcoin standard.
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  But there is 2 things I want to hit on.
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  First and foremost, you know, I really understand the the
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  economic advisor guys. What's his name?
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  Bernstein. You know, acting stupid.
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  That's my whole shit, guys. I just act stupid and look at
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  you guys. You love it.
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  It's amazing. Matt, there was one other thing
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  I wanted to say, but I completely forgot already.
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  It's just a Good Friday. Everything's great.
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  Let's let's bring up our guests, because we are.
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  We're already having a spicy conversation before the show.
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  We probably can't say half the stuff we were saying live on
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  it's. Hard.
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  But hey, yeah, we're being very good here, Very good here.
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  What are you talking about? Dude, we got the legendary Alex
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  Stanzik and Shane Hazel. Good to have you guys.
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  How you guys doing this morning? Awesome man.
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  Good to be here, you. Guys.
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  Yeah, well let's go. I'm excited cuz we're gonna talk
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  about one of my favorite projects in Bitcoin recently and
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  I've seen Alex go through the motions.
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  You know, you guys created this, Shane, all of you guys and you
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  guys created the Bitcoin veterans, right?
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  You guys have a podcast, You guys are inviting incredible
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  guests. But more importantly, the way
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  that I see it is the community that you guys are fostering and
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  the amount of interest that you guys are seeing, you know,
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  nationwide on all these veterans, armed veterans that
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  love Bitcoin. So you know, that's that's
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  absolutely awesome. So, you know, if you guys could
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  give like a quick elevator pitch, what is Bitcoin veterans,
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  you know what it's about? Can anyone join Alex Shane?
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  Yeah, I'll, I'll jump in on that.
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  So Shane and I started this on Twitter some time ago.
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  We're like, hey, we should maybe, you know, make a group
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  that we could talk to each other on Twitter.
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  We opened up that group. Next thing you know, within like
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  48 hours we hit the limits on it in terms of how many people we
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  could have. And we're like, oh crap, we need
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  a bigger boat maybe. And then let's let's start this
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  thing up on Signal. Started adding channels where
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  people could come and talk and it's really blown up since then,
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  I think we've doing it, been doing it not quite a year,
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  something like 8 months or something like that, but we're
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  already approaching close to 500 people in our different chat
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  groups. It's exploding.
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  We had no idea there were this many veterans in Bitcoin, but
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  really apparently all it took was somebody planting a flag,
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  going boom, we're here, let's get together, let's talk.
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  And it's an amazing thing. So our vision for this thing is
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  basically Bitcoin veterans is here to help warriors find
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  purpose, develop leaders, create communities, extended support
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  networks. We want to inspire veterans to
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  continue to learn, grow, become better men by sharpening each
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  other, getting around a bunch of dudes that are not going to put
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  up with any bullshit. They're not going to, they're
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  not going to buy your weenie ass excuses.
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  It's going to just be like straight up, like, you know,
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  hey, this is the deal and if you need to improve, it becomes
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  pretty obvious. We don't even need to say
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  anything. Like this is what I've noticed.
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  All the guys who get around it, they just start getting better,
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  man. They do it with the they, they
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  look at their own. They take stock of themselves
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  and like, all right, I need to fix this.
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  Maybe I'm too fucking fat and I need to get start working out
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  again. Or maybe I need to improve this
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  thing over here in my life or whatever the case may be.
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  Am I allowed to say that word on your show?
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  I'd already did. So, yes.
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  So like, yeah. And then like the rest of it is
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  we want to empower leaders to basically integrate and
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  strengthen resilience in their local communities.
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  And it's we're also real big on renewing the bonds of honor and
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  respect among each other and amongst men.
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  Anybody can get involved. You don't have to be just a
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  veteran to get involved. You got first responders, law
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  enforcement guys, firefighters. And we also have a completely,
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  we have what we call a civilian division that things blowing up
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  too. So reach out to us.
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  Yeah, dude, that. That's absolutely awesome, dude.
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  Shane, do you want to chime in? Yeah, I I think there's, you
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  know, there's a kind of this mysticism around military life,
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  I think, from a lot of people that we're never in.
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  I think a lot of people just think that everybody's like,
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  hey, this bloodthirsty combat. And I'm not saying everybody
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  obviously in in the South, everybody's like, Oh yeah, But
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  the the idea that a lot of these guys had signed up in the
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  beginning because they wanted to go off to war or they wanted to
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  go and and and kill people or, you know, take over countries or
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  do any of this really sinister, terrible stuff, we like to try
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  to dispel that right up front. Most of these guys that, you
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  know, we're in were first of all, not combatants.
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  You know, first and foremost. The second side of that is, is
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  even the combatants that do go in, they're not, you know, 99.9
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  something percent of them are not going in to be these these
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  war mongers. They they really sign up because
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  of a sense of of pride, of protection.
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  They love the idea of America. They love the idea of freedom,
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  self sovereignty, the, you know, the American dream.
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  Being able to own your own house and have a, you know, wife and
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  kids and all these things and and basically you know, make
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  make a living for yourself and really hurt nobody at the end of
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  the day. And.
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  And that's what they went off to protect.
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  You know, when they signed that dotted line.
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  Yeah, obviously that gets perverted along the line
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  somewhere, whether it was in the indoctrination courses that we,
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  you know, got forced into at five years old until we
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  graduated. Some of us went on for, you
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  know, higher indoctrination and in colleges where you see a
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  bunch of, you know, the the Marxism and everybody else, same
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  here, Opti. And you really start to see that
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  perversion where they twist that love for your fellow man into
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  this, you know, you know, channel that well, hey, we're
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  going to go overseas and we're going to start othering people,
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  We're going to start taking over their country.
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  This is what we're telling you we're going over here for.
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  And then you get over there and you actually see what you're
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  there for. And it's obviously the MIC, it's
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  the banks, It's all these, you know, ridiculous politicians
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  that are out there that you know, benefit from a Fiat
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  system. And when you see it, you can't
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  help but go, maybe this isn't for me.
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  Maybe I I I recognize the the bill of goods that I was sold.
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  And it's absolutely fake and and perverse.
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  And at that point, you know, guys come back and a lot of
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  times they are, they're, they're not the same guys, first and
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  foremost. You know, a piece of them maybe,
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  you know, stayed over there, maybe part of their soul, things
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  that they're going to deal with the rest of their life.
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  And they start looking at, you know, their their life here in
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  America as, you know, a little more, you know, nihilistic.
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  And, you know, we're going to have to fight our way out of
• 10:43
  this and, you know, you know, blood and guts again and all
• 10:45
  that fun stuff. And you're like, no guys, hey,
• 10:47
  listen, let me tell you about this Bitcoin Standard thing that
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  that we're we're rocking over here.
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  There is a lot of hope. There is an amazing amount of
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  minds over here that is just absolutely aligned with the
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  ideas of America. You know, this, this freedom,
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  this putting the individual first before you know that you
• 11:04
  know the rest of society. And so to help introduce people
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  and and guys that had just, you know, so much love for this
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  country and their fellow man back into this passion, this,
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  this mission that is, you know, the American idea of freedom.
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  It's it's a hell of a thing to be a part of.
• 11:20
  And you know, like Alex was saying, you know not only are
• 11:22
  we, you know across you know the the United States, but you know
• 11:26
  we we've got a in an international footprint now.
• 11:29
  And there are guys from all over the place that are not only
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  looking for this, but they are gravitating towards it and they
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  fix themselves because of what they see and it's an amazing
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  example to be a part of. I love that, man.
• 11:42
  I love that. Wait, wait, the chat says.
• 11:43
  We need some. And then also Anika.
• 11:48
  Go on, go on. Sorry, we got a super chat
• 11:50
  though, but go on. Quick super chat.
• 11:52
  Thank you John for the $20. The info and knowledge you guys
• 11:55
  provide every day is priceless. You all will be our future
• 11:57
  leaders. I appreciate that and I'm trying
• 11:59
  to be just trying to tell you guys the news and make content
• 12:03
  for you guys, but I really appreciate that.
• 12:05
  Thank you. We're.
• 12:06
  The future leaders, we got problems.
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  No, I mean I'm not. I mean like bro, like I'm I I
• 12:13
  really believe in the theory of the sovereign individual bro
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  where Bitcoin makes politics irrelevant.
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  You know and let let the let meritocracy take hold.
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  Let the entrepreneurs Dr. society rather than politicians.
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  That that's where my head's at anyways.
• 12:29
  Maybe that's an extremist point of view but that's what I
• 12:31
  believe. Anyways, going back to Shane's
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  point before we jump into the numbers.
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  Yeah, dude, I I, you know these these these veterans, man, they
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  they you know they serve their country.
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  You know war is hell. They they experienced things
• 12:44
  that people can't even imagine and they come back and and it's
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  like they're on a Fiat standard which like it like it
• 12:53
  exacerbates you know the the already kind of you know
• 12:58
  potentially vulnerable state that they're in and I it's
• 13:01
  exactly what you said Bitcoin provides that hope Bitcoin
• 13:04
  provides this way forward to really not only heal America but
• 13:10
  like heal the world really and and and it you know and it's
• 13:13
  it's I'm gonna I'm gonna steal your line Alex.
• 13:16
  It gives people a new found mission right?
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  Like a new found purpose. And all you got to do to be a a
• 13:23
  part of that is you know take Bitcoin into self custody and
• 13:28
  your you know your revolutionary fighting freedom right.
• 13:30
  Anyways, it's gonna be a great show.
• 13:32
  I can't wait lots to unpack. It is Friday so last time I
• 13:37
  tried to take out the meme review but Opti yelled at me and
• 13:41
  it seems like he the show did well.
• 13:43
  So you guys appreciate it. So we're.
• 13:44
  Gonna do the meme, show long size and show it.
• 13:47
  Is a long Friday show, but it seems like you guys enjoy the
• 13:49
  meme review, so we're definitely gonna do it.
• 13:52
  Anyways. Ladies and gentlemen, before we
• 13:53
  jump to the show, I do want to give a very special shout out to
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  our lead sponsor, the Bitcoin company that powers simply
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  that that would suck. Like, could you imagine that?
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  Like grandpa? Like that Bitcoin.
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  Did you stack it? No, I lost it because I stored
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  it on paper. Don't be that guy.
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  Stamp it on titanium. At the time of recording, the
• 16:31
  Bitcoin price is 61,990 block height, 841,935 SAT's per
• 16:37
  dollar, 1613 Market cap 1.22 trillion Bitcoin price in gold
• 16:44
  27.1 oz Bitcoin versus gold market cap 7.75% Percentage
• 16:49
  issued, 93.77 decline from all time high.
• 16:53
  Currently if you buy Bitcoin right now you'll get it at a
• 16:55
  15.9% discount forward monetary inflation .85%.
• 17:00
  It's dude like we're literally taking Fiat currencies to
• 17:03
  absolute school. Realized monetary inflation
• 17:06
  1.7%. Even if they get it back to the
• 17:08
  2% number, Bitcoin is still effing them up.
• 17:11
  And with the having four years from now, it's going to continue
• 17:13
  to F them up forever anyways. So I do want to play this video.
• 17:18
  It went absolutely viral this morning I believe it's I think
• 17:22
  it's from a film so credit to these guys so finding the money
• 17:27
  film in theaters on demand May 3rd.
• 17:31
  So shout out oh I I wanna definitely wanna buy this if
• 17:33
  it's out now. So so definitely go check out
• 17:36
  this film guys. It's a clip from the film, but
• 17:40
  check this out because, I mean, I'll let you guys be the judge.
• 17:46
  The US government can't go bankrupt because we can print
• 17:49
  our own money. It obviously begs the question,
• 17:53
  why exactly are we borrowing in a currency that we print
• 17:55
  ourselves? I'm waiting for someone to stand
• 17:58
  up and say why don't we borrow our own currency in the first
• 18:02
  place? Like you said, they print the
• 18:05
  dollar, so why? Why does the government even
• 18:08
  borrow? Well, the so.
• 18:12
  The I mean, again, some of this stuff gets some of the language
• 18:20
  that the MMM, some of the language and concepts are just
• 18:22
  confusing. I mean the government definitely
• 18:24
  prints money and it definitely lends that money, which is why
• 18:28
  the government definitely prints money and then it lends that
• 18:31
  money by by selling bonds. Is that what they do?
• 18:36
  They. They.
• 18:38
  They, yeah. They, they, they.
• 18:41
  Before I continue, guys, this is the chair of the Council of
• 18:44
  Economic Advisers to President Joe Biden.
• 18:48
  Sell bonds. Yeah, they sell bonds, right?
• 18:50
  Since they sell bonds and people buy the bonds and lend them the
• 18:53
  money. Yeah.
• 18:53
  So a lot of times. A lot of times, at least in my
• 18:58
  ear with MMT, the the language and the concepts can be kind of
• 19:01
  unnecessarily confusing. But there is no question that
• 19:04
  the government prints money and then it uses that money to.
• 19:12
  So yeah, I I guess I'm just, I don't I can't really talk.
• 19:16
  I don't, I don't get it. I don't know what they're
• 19:18
  talking about like because it's like the government clearly
• 19:23
  prints money, does it all the time and it clearly borrows
• 19:27
  otherwise we wouldn't be having this debt and deficit
• 19:29
  conversation. So I don't think there's
• 19:31
  anything confusing there. I mean like again if this.
• 19:36
  I love the background music. Sorry, Nikos.
• 19:38
  Background music was great. No.
• 19:39
  And and and for dramatic effect. If if this was just some person
• 19:43
  off the street and they would say that response, you would
• 19:46
  say, OK, you know, that's fine. But this was the chief economist
• 19:51
  and an economic advisor to Vice President Joe Biden, the Obama
• 19:55
  administration, and now currently he's the chair of the
• 19:57
  United States Council of Economic Advisors.
• 20:00
  He also said something during that video that was really
• 20:02
  interesting. He said, yeah, you know,
• 20:05
  Treasury issues bonds and people buy them.
• 20:07
  Listen, there is no sovereign wealth fund or country on earth
• 20:11
  that has the money to buy the amount of bonds the Treasury's
• 20:15
  issuing. You know who's buying them?
• 20:17
  The Federal Reserve themselves. Right.
• 20:19
  So, like, again, it it's like it.
• 20:21
  But most people don't know this. And honestly, I don't like, you
• 20:27
  can't say this person's dumb. He went to Columbia University,
• 20:31
  right. He had a he's a doctorate,
• 20:34
  right. You can't say he's dumb.
• 20:36
  You you don't become the chief economist and economic advisor
• 20:39
  device. I mean, depends on who you're
• 20:41
  asking. But you can't.
• 20:44
  You can't say he's he's not intelligent.
• 20:46
  You can't say he's not a capable person.
• 20:48
  I will make the case that I believe it's a little bit more
• 20:51
  sinister than this. And the reason for that is
• 20:54
  specifically, and when I saw that, when I discovered that
• 20:57
  this morning when I was doing research for the show, my jaw
• 21:00
  dropped. So what is the Council of
• 21:02
  Economic Advisors? So the Council of Economic
• 21:05
  Advisors writes the says, is is a United States agency within
• 21:11
  the Executive Office of the President, which advises the
• 21:14
  President of the United States on economic policy.
• 21:17
  The CEA provides much of the empirical research for the White
• 21:20
  House and prepares the publicly available annual Economic report
• 21:25
  of the President. Now we covered one of these
• 21:27
  economic reports when they came out last year because in one of
• 21:32
  those economic reports you know what they did, they attacked
• 21:36
  Bitcoin and you know what they promoted, they promoted central
• 21:39
  bank digital currencies. And this report was very, very
• 21:44
  well written. So again like I, I, I I'm sorry
• 21:48
  if I don't like his answers or just like non answers like I
• 21:51
  like I don't know what they do, like they borrow the money.
• 21:54
  Like it it it's it's almost feels a little bit like a
• 21:56
  deflection. And in this report they
• 21:59
  dedicated 20 entire pages, basically making the case for
• 22:04
  central banks, making the case for Fiat money, making the case
• 22:11
  for central bank digital currencies and criticizing
• 22:14
  Bitcoin, saying Bitcoin can't be money.
• 22:17
  Well it's apparently money when it's convenient to the law
• 22:20
  enforcement, right? But anyways, I kind of want to
• 22:23
  read you a little bit of the beginning of this report that
• 22:26
  came out was released last year. And by the way it came out of
• 22:29
  this guy's office who just did that video that that that
• 22:32
  interview came out of his office, right?
• 22:35
  So anyways, it goes on to say the name of the chapter is
• 22:38
  Digital Assets Relearning Economic Principles.
• 22:40
  Multiple financial crisis crisis have have struck the United
• 22:43
  States during the last two centuries.
• 22:45
  Most of these crisis have been caused by institutions that
• 22:49
  function like banks but are not registered or regulated as
• 22:51
  banks, so-called shadow banks. For example, the 1907 crisis,
• 22:56
  then called the panic, was mainly caused by trust
• 22:58
  companies, which were state charted entities that competed
• 23:01
  with banks for deposits. Because these trusts were not
• 23:04
  part of the central payment system and thus processed only a
• 23:07
  small amount of payments, they did not hold a large amount of
• 23:10
  cash relative to deposits. To earn profits, they made as
• 23:14
  many loans as possible. After a series of events in
• 23:17
  October 1907 set off a rush for withdrawal, several trust funds
• 23:22
  faced a run and were forced to suspend credit and liquidate
• 23:25
  assets, acting as a catalyst for a larger fire sale in financial
• 23:30
  markets. To save the financial system, JP
• 23:32
  Morgan, owner of the eponymous bank, and a small number of
• 23:36
  other financial leaders individually chose which banks
• 23:39
  to bail out. This helped government policy
• 23:41
  makers realize that when faced with the crisis, the financial
• 23:45
  system as then constituted would rely on a privileged group of
• 23:48
  individuals seeking to maximize their own profits, rather than
• 23:52
  institutions that had an obligation to protect the
• 23:54
  public's interest. OK, that sounds nice.
• 23:56
  You're like, wow, you know what? That's that's so true.
• 24:00
  Like this 1907 crisis. All right, I'm going to curse
• 24:03
  and I apologize, guys. You know what the biggest
• 24:06
  motherfucking crisis in U.S. history was?
• 24:08
  The 1933 Depression. You know what?
• 24:10
  The second biggest, 2008. You know what happened?
• 24:13
  The central Bank was there. It was there.
• 24:15
  It existed. It was established.
• 24:18
  What the fuck happened? They're completely ignoring
• 24:20
  that, Completely ignoring that. Completely ignoring the fact
• 24:23
  that we still have not completely gone over 2008.
• 24:28
  The wealth redistribution, the fact that it's taking the
• 24:32
  opportunities from the lower and middle classes, which
• 24:34
  disproportionately are the zoomers and the millennials,
• 24:37
  doesn't allow them to buy a house like, like, yes, there's
• 24:41
  consequences to this. And that all happened.
• 24:44
  That all happened when the government had control.
• 24:48
  That all happened when they had the central bank that they're
• 24:50
  touting. So the fact that they're picking
• 24:53
  and choosing dates, Nineteen O 7, what about 1933?
• 24:56
  That's not a convenient date. So they can't say that, right.
• 24:59
  What about 2008? They can't say that.
• 25:00
  That's not a convenient date. Right.
• 25:02
  So again, forgive me if I don't believe his shtick and saying
• 25:08
  yeah, the government prints money and like it kind of
• 25:11
  borrows months. And like if you say that, then
• 25:15
  you don't have to answer. You don't have to.
• 25:17
  You don't have to actually answer to what is happening.
• 25:19
  You don't have to answer to the unintended consequences or maybe
• 25:23
  they are intended who knows, right, of what a central banking
• 25:27
  system has done to this country. And I and and I can't help to
• 25:30
  think of Ron Paul's and you know we have the Bitcoin veterans
• 25:33
  here. But you know, I don't think it's
• 25:36
  a coincidence that the bloodiest century in human history was
• 25:40
  also the century of of of central banking.
• 25:42
  That's on my quote, that's Ron Paul's quote.
• 25:45
  But I mean like is that what you're, is that what you guys
• 25:47
  are standing up for? Like is that what you know that
• 25:50
  is, is that what it's about? I think it's a bunch of BS in my
• 25:53
  opinion. And and if you continue down the
• 25:57
  court like for example look, look at this guys, look at this
• 26:03
  a a a taxonomy of digital assets and central bank money.
• 26:07
  Look, look what's in the middle. Everybody, right?
• 26:10
  But no, remember, they're not working on the CBDCS.
• 26:13
  That's impossible, right? It's coming out of the White
• 26:15
  House, right? Central bank, money, cash.
• 26:18
  You know, cryptocurrency stable coins, NFTS, crypto assets,
• 26:21
  digital assets and CBDCS are perfect.
• 26:24
  They're right in the middle. They have all the benefits of
• 26:27
  the two. So again, don't.
• 26:29
  Don't pay attention to what they say.
• 26:32
  Pay attention to what they do. And remember, just like the
• 26:36
  Bible says, it's basically an intergalactic invasion into this
• 26:39
  space through people. I'm telling you, it's what all
• 26:42
  the ancients said. It's what they warned of.
• 26:44
  It's what we're dealing with. They're demons.
• 26:46
  So, yeah, man, I, I, I, I just, I don't know what to say.
• 26:50
  Like a bunch of BS, you know, like, that's my take on all
• 26:54
  this. Anyways, Opti, I'm gonna start
• 26:57
  with you and then we'll pass it on to the OH.
• 26:59
  My God, I'm in tears. I'm in tears.
• 27:01
  That was hilarious. That was a good segue.
• 27:03
  That was a good segue, Nico. Good stuff, Good stuff.
• 27:05
  That's good entertainment, I'll tell you.
• 27:06
  All right. First and foremost I really love
• 27:09
  the the take you're you're saying on today's show but
• 27:13
  taking the more like norm you take here.
• 27:15
  You know like the MMM tears the Modern Monetary Theory guys
• 27:19
  people, women and men out there. Like they're a complete joke.
• 27:23
  Like I seriously don't believe that they even believe the
• 27:25
  nonsense that they say publicly but they still come out and say
• 27:28
  this stuff. And and the worst part in my
• 27:31
  opinion is that people eat this up, that people actually believe
• 27:34
  this is how economics works and this is the best for the economy
• 27:38
  or this is the best for the world.
• 27:39
  And it's like you guys are so detached from reality.
• 27:42
  It it goes back to what we always say about the
• 27:44
  brainwashing and and the psyoping out there and the
• 27:46
  gaslighting and that this is the only way to have a functional
• 27:50
  modern economy and all this nonsense when all of us, you
• 27:53
  know, left Bell IQ bit corners that are Austrian bit corners,
• 27:57
  they're like look humans act purposefully like you.
• 28:00
  You don't need to influence people to spend their money.
• 28:03
  They will do that anyway. And This is why we always say on
• 28:06
  the show constantly, we're probably a broken record at this
• 28:08
  point. It's like, just simplify your
• 28:10
  life. Guys like seek the simple
• 28:11
  answers. It's simply Bitcoin saving
• 28:14
  Bitcoin. This is how you protect
• 28:15
  yourself. Because even these guys and I, I
• 28:18
  love how Nico framed this because they couldn't even
• 28:20
  answer the the questions like simply they're they're even lost
• 28:24
  in their own lives at this. Point I I just don't.
• 28:27
  I I don't think that I totally agree.
• 28:29
  I totally agree. Much easier to just play dumb.
• 28:33
  It's so much, 'cause then then it's like, oh, they just don't
• 28:36
  know any better. But they're they're trying like,
• 28:38
  they're trying to like, it's so much easier to do that than
• 28:42
  being like the malicious twirling your mustache.
• 28:44
  It's like, yeah, the government prints money like, like, it
• 28:47
  reminds me of that politician the in California, right, where
• 28:50
  he literally said the quiet part out loud, right.
• 28:53
  He's like. Brad Sherman, my favorite
• 28:55
  politician. He's like, yeah, the US
• 28:57
  government prints money, but we're the US government.
• 29:00
  Like, I don't think that would be a very popular stance with
• 29:04
  the portion of the population. Right.
• 29:05
  So I think it's a lot easier to just be like, oh, well yeah,
• 29:09
  yeah. I mean they.
• 29:10
  I'm actually not qualified to answer this question, bro.
• 29:13
  Economic adviser of the president.
• 29:15
  Who the fuck is? Well, Nico, going further, going
• 29:18
  further, they can't outright say, yes, we are trying to steal
• 29:21
  from you as much as we can because most people would freak
• 29:24
  out. And I think that's why MMT or
• 29:30
  modern economics, quote UN quote, is so complicated on
• 29:33
  purpose. It's all engineered to confuse
• 29:35
  you so you get lost in the rabbit hole.
• 29:37
  So you really don't understand what's happening and that's why
• 29:40
  they come out here and and act stupid.
• 29:42
  So they're like, oh man, I don't know, it's super complicated.
• 29:44
  You you wouldn't get it. It's like, yeah, we're trying to
• 29:46
  steal from you and we make it complicated on purpose.
• 29:49
  Anyways, let's go to Alex. Alex, jump in.
• 29:51
  I I think that's all. I think that's all correct.
• 29:54
  I agree that this guy probably actually knows he has to pretend
• 29:58
  he doesn't know like and there's a couple of parts that you
• 30:00
  mentioned here. Number one, do these people
• 30:03
  actually believe this nonsense that they're spouting or I I
• 30:07
  don't think that they necessarily do.
• 30:09
  I think there's an agenda and then they will create a certain
• 30:12
  narrative. They'll create a certain amount
• 30:13
  of propaganda. And and there are a lot of
• 30:16
  people who aren't that smart who will believe this nonsense.
• 30:19
  But I do believe these guys know what they're doing.
• 30:23
  I do believe that. Nico, you mentioned that it
• 30:26
  looked like a deflection possibly.
• 30:28
  I agree with that 100%. I think he was absolutely
• 30:30
  deflecting. I think that all of this stuff
• 30:34
  is made intentionally obscure and complex and difficult to
• 30:38
  understand. Why?
• 30:39
  Because it stops people from digging too far into the con.
• 30:43
  The other thing about it is really what she's saying is
• 30:48
  she's getting at the root of the of the issue, which is, well, if
• 30:51
  they're just going to print all this money and they can print
• 30:53
  all this money, what's the point of borrowing it?
• 30:56
  It's the same question that gets asked by people like, well, if
• 30:59
  they're going to print a trillion dollars every hundred
• 31:02
  days, why do we pay taxes? And the answer is essentially
• 31:05
  the same. See, if they pretend that
• 31:09
  they're borrowing it right, that gives it an air of of moral a
• 31:13
  cover. That sort of implies that it's
• 31:15
  going to get pay back later. So it's not really just outright
• 31:19
  printing the money. And the same is true for the for
• 31:21
  the tax thing. Like if they just stopped doing
• 31:25
  that, we're borrowing it and going to pay it back.
• 31:27
  And if they just stopped doing the we need your taxes and
• 31:30
  instead just printed whatever freaking they amount they wanted
• 31:34
  that would would take the mask off the well, I I guess you
• 31:39
  would just see it for what it is like this is clown world.
• 31:42
  Like nobody would take it seriously anymore.
• 31:45
  Confidence in the United States. Dollar would implode and the
• 31:48
  whole world would be like, holy shit, this whole thing's a con.
• 31:51
  And it's obvious. Yeah, yeah.
• 31:53
  Well, remember Stephanie's very famous.
• 31:55
  I'm. I'm pretty sure it's stuff to
• 31:57
  Stephanie Count and who who came out and said, you know and every
• 31:59
  other economist out there, debts.
• 32:01
  What's it? Debts.
• 32:02
  Money we owe ourselves, Alex. So why are you so selfish?
• 32:07
  It's. Utterly ridiculous, man.
• 32:09
  I'll jump in, Shane. Yeah, let's.
• 32:13
  Let's understand first and foremost we are in economic
• 32:15
  warfare and I think this is maybe something that we kind of
• 32:17
  bring to the table that we maybe a lot of people don't see is
• 32:21
  when we go in or we do any sort of revolutionary, you know,
• 32:25
  operations in another country, whether it's you know, military
• 32:29
  or you know three letter agencies.
• 32:31
  One of the first things that we do is we start hitting them
• 32:34
  economically years before, whether it's sanctions, whether
• 32:37
  it's, you know, cutting off ports or whatever we have to do
• 32:40
  in terms of blockades. And that's where America
• 32:43
  started. I think we really ramped it up
• 32:45
  into high gear in 2020 when you started to see the the
• 32:49
  government come out. And if you didn't do certain
• 32:51
  things with certain medical, you know, vaccines that were coming
• 32:54
  out at that time, they started forcing thinking people out of
• 32:58
  positions in, you know, in in the economy.
• 33:01
  And when you do that, what you're left with is a bunch of
• 33:03
  yes men probably that aren't as good at their job.
• 33:07
  And you you're starting to see the 2nd and 3rd order effects of
• 33:10
  that in in America now from 20, 2021-2022.
• 33:15
  As as those companies are now starting to really kind of go
• 33:19
  through the the death rows this, this economic warfare plan that
• 33:23
  they have is is coming, you know full circle the idea that this
• 33:26
  guy is, is smart, yeah, maybe he is obviously Columbia
• 33:30
  University. But there's also this side of
• 33:32
  what happens in these revolutions with three letter
• 33:34
  agencies out there where they will literally install these
• 33:38
  guys who are that are fart sniffers, right?
• 33:40
  Like these guys will sit there and sniff their own farts long
• 33:43
  enough and believe everything, you know, all the accolades and
• 33:46
  everything else that's been heaved on them by academia and
• 33:49
  this Fiat system. And then they get put into these
• 33:51
  positions and a lot of times these guys are recommended or
• 33:55
  pushed to the top by the three letter agencies.
• 33:57
  So if you start to, if we really understand and hey, maybe this
• 34:00
  guy, maybe he is really, really bright, but maybe he's also a
• 34:03
  useful idiot at the same time. Both through.
• 34:06
  Right. And so if you're if we were
• 34:08
  watching this guy and saying yeah you know maybe he does
• 34:10
  maybe he doesn't or maybe he's so far down the line because
• 34:13
  what they what they know they need is an economic collapse of
• 34:17
  the United States of America to to push this thing full circle.
• 34:20
  So if if if we all if we understand this in a in a bigger
• 34:24
  context and there are obviously MMT is is coming or on the way
• 34:28
  and CBD CS are right behind it. You know the idea that you know
• 34:32
  we're we're we're talking about you know Powell or any of these
• 34:36
  others out there that you know we'll we'll get up in front of
• 34:39
  microphones and and talk like they're experts that really
• 34:42
  don't have any plan what way or another because they you can't
• 34:45
  raise interest rates you can't lower interest rates And if if
• 34:48
  we were looking at it and going well obviously you know they
• 34:52
  launched Fed now in the summer of 2023 that's a full on
• 34:56
  admission that the dollars in deep shit.
• 34:58
  And if the dollars in deep in deep shit they know it, then
• 35:02
  they're going to have some sort of contingency plan because at
• 35:04
  the end of the day, you know you have what, $220 trillion in
• 35:08
  unfunded liabilities? Things begin to happen when you
• 35:12
  begin to rob an entire populace of its savings and retirement.
• 35:16
  You told him that was going to be there without any sort of
• 35:19
  backstop plan or a way out of that.
• 35:22
  So I don't know. Could be an extremely bright
• 35:24
  guy, but also a useful idiot for the state at the same time
• 35:27
  because that way they can point at him and go, well that was the
• 35:30
  guy and now he's the guy instead of the the three letter agency
• 35:34
  taking the the hit. Yeah.
• 35:35
  That's a really good point right.
• 35:36
  The the level of statecraft, right.
• 35:38
  It is. I think it's it's lost upon a
• 35:42
  lot of people because you know these three, these three letter
• 35:45
  agencies are are they've mastered regime change.
• 35:49
  They've mastered controlling the populace.
• 35:52
  They've mastered statecraft. So yeah, I mean I would not put
• 35:56
  it past them. That's actually really, really
• 35:57
  good observation, Shane. Yeah man.
• 36:00
  But listen, I think this is one of those things that Bitcoin
• 36:02
  fixes and but but at the same time I don't expect them not to
• 36:08
  to fight back. And I think you know the the
• 36:10
  arrest that happened this week the samurai wallet the tornado
• 36:13
  cash you know CZ getting sentenced Rodger ver getting
• 36:17
  arrested in in Spain right. That's all sending us the the
• 36:20
  FBI press release that's all sending a very clear message
• 36:24
  right. Like we are still in control.
• 36:26
  You know we are the ones that issue money.
• 36:28
  So you know, take self custody, run a node, get yourself a start
• 36:32
  9. There's a promo code in the
• 36:34
  description, simply Bitcoin, get 9% off and yeah, I think we'll
• 36:39
  win this thing. Anyways guys, before we move on
• 36:41
  to the next section, I do want to give a very, very special
• 36:45
  shout out to our new sponsor. Of course I am talking about the
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• 37:54
  All right, everybody, let's hit the news.
• 37:56
  We have a lot to talk about the Daily News.
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  presents road map for others. It goes on to say payments firm
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  Block has begun a dollar cost averaging program to add to its
• 39:41
  already sizable Bitcoin stack. Led by CEO Jack Dorsey, the
• 39:45
  company in April began using 10% of its monthly Bitcoin related
• 39:49
  gross profit to buy additional Bitcoin, with plans to do this
• 39:52
  each month for the remainder of 2024.
• 39:55
  For perspective, Block had $80 million in Bitcoin gross profit.
• 40:00
  In the first quarter, according to its earning results, where
• 40:02
  that level of profit to continue through the rest of the year,
• 40:06
  the company under the program would add another 24,000,000
• 40:09
  worth of Bitcoin to its balance sheet.
• 40:11
  Block already had substantial Bitcoin holdings, having
• 40:14
  purchased 4709 bitcoins in October 2020, another 3318
• 40:20
  tokens in early 2021. At today's price of a of about
• 40:24
  59,000, that Bitcoin is now worth roughly 4.7 billion.
• 40:29
  Alongside that news, the company also released its Bitcoin
• 40:33
  Blueprint for Corporate for corporate balance Sheets, in
• 40:36
  which it describes the process through which it is able to
• 40:39
  acquire large amounts of the crypto without unduly moving the
• 40:43
  market and how it custodies, ensures and accounts for the
• 40:46
  holdings. Look, I I can't.
• 40:48
  And I and I believe, if my memory serves me correctly, I
• 40:52
  believe Michael Saylor did something very similar.
• 40:55
  But this is incredibly important and the reason for that is this
• 41:01
  is the this is what's going to happen this epoch, right?
• 41:04
  Michael Sailor has been vindicated.
• 41:07
  Clearly, the MicroStrategy Bitcoin strategy is working.
• 41:11
  MicroStrategy has outperformed everything else.
• 41:14
  And here you have another very notable company.
• 41:17
  You have a notable figure, Jack Dorsey, basically saying like,
• 41:22
  look, we're adopting a Bitcoin strategy.
• 41:24
  We're going to put 10% of our profits each quarter into
• 41:28
  Bitcoin. And here's the thing, as number
• 41:30
  go up does its thing, market forces start to do what market
• 41:34
  forces do best. And then other companies that
• 41:36
  are competitors of block, other companies that are competitors
• 41:39
  of MicroStrategy start to be at a start to be at a major
• 41:43
  disadvantage for them not adopting a Bitcoin strategy as
• 41:47
  well. So I think Jack Dorsey is
• 41:49
  definitely accelerating massive adoption at least on the
• 41:53
  corporate level with this move. This is very, very positive
• 41:56
  news. And remember, guys like, look,
• 41:59
  there's not enough Bitcoin to go around, right?
• 42:01
  So like the the, the daily supply that already got cut in
• 42:05
  half, it's just getting gobbled up.
• 42:07
  What do you think's gonna happen, right?
• 42:09
  It's it's just common sense. And then just kind of, and if
• 42:13
  you connect this with what we were talking about yesterday,
• 42:15
  the second largest European bank is they're not buying Bitcoin
• 42:18
  directly. I don't know if they can, but
• 42:21
  they announced that they're buying exposure to Bitcoin
• 42:23
  through Blackrock's Bitcoin ETF. Now the second bank in in the
• 42:28
  second largest bank in Europe, BNP Paribas.
• 42:31
  I think I pronounced that correctly.
• 42:32
  Now they have the cheat code. Now they have a competitive
• 42:36
  advantage to every other bank that is not adopting a Bitcoin
• 42:40
  strategy. So I think game theory is going
• 42:42
  to take a foot very, very quickly.
• 42:44
  As you know this cycle continues to ramp up as number go up does
• 42:47
  its thing and block is going to have an advantage.
• 42:50
  This bank is going to have an advantage.
• 42:52
  Micro strategy is going to have an advantage.
• 42:54
  And I think the likes of Facebook, Google, you know, all
• 42:57
  the Tesla, all the Tesla already has, I think, I believe.
• 43:00
  But these companies, they're gonna get left behind if they
• 43:03
  don't start putting Bitcoin on their balance sheet.
• 43:06
  And look, a lot of these companies have a tremendous
• 43:08
  amount of cash, right? And it's like sitting on a
• 43:11
  melting ice cube, right? They can compensate for losing
• 43:15
  that purchasing power on a yearly basis, which they're OK
• 43:18
  with because they're so profitable.
• 43:20
  They can compensate for that if they just put 1%, two percent,
• 43:23
  3% of their cash reserves into Bitcoin.
• 43:27
  And I think it's just a matter of time and you're starting to
• 43:30
  see the the damn break with these types of moves.
• 43:34
  So once again, I think Jack Dorsey leading the charge and I
• 43:37
  think it's a good thing. Anyways, I want to get your
• 43:39
  guys's takes. Start off with Alex.
• 43:41
  I feel like this is up your alley.
• 43:42
  What's up, man? Yeah.
• 43:44
  So it this is not surprising to me at all actually we've been
• 43:49
  saying this for a long time. But even back in the you know
• 43:51
  when I was the host of Cafe Bitcoin doing that talking about
• 43:55
  how like the sailor sort of playbook of of using your
• 44:00
  balance sheet using the profits from your company to put more
• 44:03
  Bitcoin on your balance sheet as a as a as a part of your
• 44:07
  treasury. Like is it becomes a no brainer
• 44:10
  overtime. And I think you know one thing
• 44:13
  we've been saying is you're going to see lots of companies
• 44:15
  copy this playbook doubt by the thousands.
• 44:17
  I think in time you'll see thousands of companies doing
• 44:19
  this and eventually if it's not already happening you're going
• 44:23
  to see central banks doing it. Now when central banks do it,
• 44:25
  they're not going to announce it.
• 44:27
  That'll be done, done completely in secret.
• 44:30
  You'll find out much much later that they've done this.
• 44:33
  But I think all of these things are inevitable. 100% I think
• 44:37
  it's inevitable. The game theory is the game
• 44:40
  theory. Anyways guys.
• 44:41
  There's 900 of you guys watching live between YouTube Rumble and
• 44:45
  X. If you guys are enjoying the
• 44:46
  show right now, make sure to smash that like button.
• 44:49
  It tells the algos to push the orange signal forward.
• 44:53
  Shane, what's your take on this brother?
• 44:55
  I think it's really interesting to see European banks going in
• 44:58
  through the BlackRock ETF. When you when you understand you
• 45:01
  know who BlackRock is, is basically the Fed's trading arm
• 45:04
  and that they're storing these things in Coinbase.
• 45:06
  You know this this might be anecdotal but the idea that
• 45:09
  you're going to move your your reserves from Europe over to the
• 45:13
  US into Coinbase and God knows if they if they ever fork the
• 45:17
  code through BlackRock and then you have to take the tokens that
• 45:20
  they fork to and that money is just sitting there for the the
• 45:23
  Federal Reserve raises a lot of questions in what's going on for
• 45:27
  me. And I I can't think that they've
• 45:29
  done their due diligence and and understanding any of this in
• 45:32
  terms of Bitcoin. But yeah it it definitely looks
• 45:35
  like it's it's I don't know it looks like this is going to
• 45:40
  continue. The side that I see, you know on
• 45:43
  a daily basis over at Swan is you know the we have more and
• 45:46
  more businesses coming in with with lots and lots and lots of
• 45:50
  money and we're in a crab market right now.
• 45:53
  So if we're in a crab market and we're seeing people getting out
• 45:56
  of the blocks and maybe this is the slow part, you know, later
• 45:59
  on the summer this fall as we head into, you know, the
• 46:02
  election season and everything else that's going on, I I
• 46:06
  totally expect this to accelerate. 100% and I actually
• 46:09
  agree. I it's just game theory.
• 46:11
  Like it's just like it's just like it's a common sense, right
• 46:15
  where where this is going, Opti, what's your take, brother?
• 46:18
  Yeah, well, first and foremost, I absolutely love seeing Jack
• 46:21
  Dorsey turn Block into a de facto Bitcoin company.
• 46:25
  You know, they're making the bit key.
• 46:26
  They got TBD where they're doing development.
• 46:29
  We have cash app that you can not only buy Bitcoin, but you
• 46:32
  can turn your your corporate payments into Bitcoin.
• 46:37
  It's just like Jack Dorsey in my opinion is killing it right now.
• 46:41
  And I know the Chad's going to say, well, he was part of
• 46:43
  Twitter and all that stuff, but what he's doing now I think
• 46:46
  makes up for a lot of the stuff that you might hate him for.
• 46:49
  And I absolutely love seeing this move right here.
• 46:52
  You know, just doing a consistent monthly buy pressure
• 46:55
  for Bitcoin heading into a bull run.
• 46:56
  It's going to be absolutely marvelous to watch.
• 46:59
  And like we're saying more companies are going to follow
• 47:01
  this lead and everyone out there, I highly suggest you read
• 47:04
  the press release. It's because it's a great read
• 47:08
  and he absolutely open sourced. His whole strategy wants people
• 47:11
  to come talk to him and follow lead.
• 47:14
  And I think like Shane just said, when we see other
• 47:17
  corporations follow this, it's really when things are going to
• 47:20
  kick into OverDrive. I saw Luke Brodes do a great
• 47:23
  thread this morning about the Apple stock buybacks.
• 47:27
  They did 110 billion stock buyback this morning.
• 47:30
  I think it's the largest one ever.
• 47:32
  And imagine if they did that and then did the sailor move and
• 47:36
  bought Bitcoin. It's like I don't think people
• 47:39
  really understand what the game's being played right now
• 47:41
  and of course you know we're more freedom go up Maxie's but
• 47:44
  everyone loves number go up. So it's once this playbook
• 47:48
  starts to really kick into OverDrive it's going to be
• 47:51
  absolute fireworks. So it's just men.
• 47:54
  We're still in the early endings and shouts at the Jack Dorsey
• 47:56
  for for again putting his money where his mouth is and and just
• 48:00
  being like yeah we're going to consistently DCA into Bitcoin.
• 48:03
  And yeah it's not a sailor move where they're buying hundreds of
• 48:07
  millions or 100,000 coins but every month a consistent what
• 48:11
  what they say they're going to buy 2524 million in the this
• 48:15
  year. So that's going to be you know a
• 48:17
  consistent couple of million buy pressure every month.
• 48:22
  That's going to be great. That's going to be setting the
• 48:23
  floor And then once other people follow this, I think you guys
• 48:27
  are ready for what's coming. You guys are too bearish in the
• 48:29
  chat. I can see you guys.
• 48:31
  It's bro. It's.
• 48:32
  Going wait, actually Mikos too. Bearish in the chat.
• 48:34
  It's going, it's going up, it's going up forever.
• 48:37
  It's going up forever. Anyways, the next topic that I
• 48:39
  wanted to talk about is optis exes.
• 48:41
  So first we're gonna start with, of course, you guys know
• 48:45
  Christine Lagarde, you guys know Augustine Carson.
• 48:49
  But breaking news, you guys didn't know this Brian Armstrong
• 48:53
  as well. So why don't, why don't want to
• 48:55
  talk about Brian Armstrong, Brian Armstrong?
• 49:01
  Looks like the guy from Dune. I had to figure out a Segway
• 49:04
  somehow. Oh man.
• 49:08
  I think he's got a much bigger Dome, like the guy from Dune,
• 49:12
  just with a bigger egghead. Bro Opti Opti gets plugged in.
• 49:15
  Man Opti Opti shoots high. Hold on, hold on.
• 49:19
  I'm on the full screen myself. I'm trying to get the bag.
• 49:22
  All right. Can you blame me?
• 49:23
  I need to stack more sets. Oh man.
• 49:25
  OK, so why am I talking about Brian Armstrong?
• 49:28
  Look, I think all of us here, right?
• 49:31
  Not a fan of Coinbase, obviously.
• 49:33
  Shit, the largest shit coin casino in the United States.
• 49:36
  However, they finally integrated Bitcoin's lightning network and
• 49:41
  the reality is that they have a a ridiculous amount of of users.
• 49:46
  So I think this is a very positive for the Lightning
• 49:50
  Network. You know I I know that there is
• 49:52
  a tremendous amount of pressure on Opti's X from Bitcoin Twitter
• 49:57
  and it seems like he you know he came through in in this sense.
• 50:01
  So I think this is great for for Bitcoin adoption for the
• 50:05
  lightning network and it kind of defeats the purpose for a lot of
• 50:08
  those shit coins that you know are being peddled on Coinbase
• 50:11
  right. You know cause a lot of the, a
• 50:14
  lot of the a lot of the narratives from people were that
• 50:17
  like look like you know this is faster than Bitcoin.
• 50:21
  Bitcoin can't scale. Now all of a sudden you know if
• 50:23
  they're offering lightning for withdraws like I mean it's kind
• 50:27
  of counter intuitive I would say but you know who would have
• 50:30
  thought out of all people you know in this world you know
• 50:34
  Brian Armstrong, you know played such a a would say a a big role
• 50:39
  in in potentially lightning adoption.
• 50:41
  So anyways, I know that is not exactly the the the most
• 50:46
  bitcoiner thing to say, but you know Coinbase has a massive user
• 50:50
  base. That's right.
• 50:51
  I think the last time there was like 100 million users or
• 50:53
  something. Anyways, Opti, what's your take
• 50:55
  on this? And then we'll move on to Shane
• 50:56
  and Alex. Yeah, well, you know, I'm not a
• 50:59
  big fan of Coinbase, even though Coinbase is like the first
• 51:02
  platform that I bought Bitcoin with.
• 51:04
  And you know, they're still the biggest platform out there and
• 51:08
  people are people still don't understand that, like Coinbase
• 51:11
  is like, it's not just an exchange.
• 51:14
  But hey, that's all beside the point.
• 51:16
  I'll give them their props, I'll give them their flowers when
• 51:18
  when they do something good. And this is one of those good
• 51:21
  things. It's like now their whole shit
• 51:23
  coin narrative in my opinion, is absolutely dead.
• 51:25
  I haven't used this, but I love to see when more exchanges start
• 51:29
  using Lightning it. I think that's an important
• 51:31
  thing to see. And shots at the Lightning
• 51:33
  Goats, he says he tried it and it's absolute trash.
• 51:35
  So hey, you know, I haven't used it.
• 51:37
  I haven't used it, but at least they are making moves.
• 51:40
  You know Brian Armstrong, I think it what was it like last
• 51:43
  year? Nico the Walker America was like
• 51:47
  tweeting at him about using lightning and he didn't even
• 51:50
  know that he could use it. Or like, no, his lightning
• 51:53
  addresses and now at least you know.
• 51:56
  Yeah, I thought it was. An e-mail.
• 51:57
  And at least now they're making some moves.
• 51:59
  It might be what, like 2 years? Two years late?
• 52:03
  But at least they're making moves to do it.
• 52:05
  So hey, it's a good thing to see.
• 52:08
  I can't wait to see it. Basically every Bitcoin exchange
• 52:11
  and even shit coin casinos use lightning because in my opinion
• 52:15
  it's it disproves the whole narrative for shit coins.
• 52:18
  Like that's the whole reason for most shit coins existence.
• 52:20
  It's like oh bitcoin's slow and clunky.
• 52:22
  It only has seven transactions per second bro.
• 52:24
  Like it's like now it just use lightning.
• 52:27
  This is, this is this is a good thing to see.
• 52:29
  But hey, hopefully, dude, Oh my. God oh man, that's hilarious.
• 52:39
  Anyways, Shane, Alex, what's your guys takes on this?
• 52:43
  I mean. Brian Armstrong is that guy
• 52:45
  that's just notoriously slipped through the figures of the US
• 52:48
  government and securities fraud. But I don't know, I I've got
• 52:52
  clients that come to me every day that are trying to run away
• 52:55
  from Coinbase as fast as possible, and if they're
• 52:59
  introducing Lightning to help them run away, that's great.
• 53:01
  The problem is if they're Lightning runs like they're on
• 53:04
  chain withdraws, but it's still, you know, zero, right?
• 53:07
  You know, guy after guy after guy that's trying to get away
• 53:10
  from these kinds of like, hey, they're not allowing me to take
• 53:12
  my Bitcoin off their exchange. I don't know, maybe it works,
• 53:16
  maybe it doesn't. If it's trash and we're already
• 53:18
  hearing that it's trash, I wouldn't be the least bit
• 53:21
  surprised. You know, when markets move and
• 53:24
  they want to, you know, clamp down and have a an issue with
• 53:27
  their software or firmware or user interface or whatever,
• 53:30
  they're going to blame it on that day.
• 53:32
  I I think that's still going to happen over there at Coinbase,
• 53:34
  so. Yeah, to change point, how are
• 53:37
  they going to shut down now? You know for operations when
• 53:41
  they're using the Lightning, right?
• 53:42
  Yeah, when the circuit breaker was.
• 53:43
  Lightning, Alex, what's your take on this?
• 53:46
  I think you got to remember that Coinbase is that they generate a
• 53:52
  majority of their revenue by churning shit coins.
• 53:55
  I think it's something like 80% of their revenue is generated by
• 53:58
  by churning shit coins. And they're they're in a
• 54:00
  situation right now where the SEC is still coming after him
• 54:05
  for this. Like there's a fair chance that
• 54:08
  the SEC will prevail in this situation.
• 54:11
  And if that is the case, then the reality is, is that Coinbase
• 54:16
  has been making a market in unregistered securities for a
• 54:18
  really long time. And if they're forced to stop
• 54:23
  doing that, that's a huge part of their revenue base.
• 54:26
  So it's possible that they might just be looking at it from a
• 54:31
  strategic perspective, going man, we may have to repair
• 54:35
  relationships with the bitcoiners, because if we have
• 54:38
  to stop selling shit coins, we're kind of fucked as a
• 54:40
  business. So maybe we need to make friends
• 54:43
  with these guys again. Dude, I mean, oh that's a that's
• 54:45
  a really good take. But I don't, I I don't know if
• 54:48
  they could salvage that relationship.
• 54:49
  Anyways, guys, let's move on to the culture, talk about Bitcoin
• 54:53
  veterans. But before we do that, I do want
• 54:55
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  So guys, I'm on the Orange Pull up.
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  It's one of the best ways to reach me at Opti.
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  You guys could send us a direct message, download the Orange
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  Pearl app today, scan the QR code, or check the link in the
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  video description. All right, everybody, let's hit
• 55:42
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  Kaboom racks OK, no, we're here with the boys, Shane and Alex
• 57:22
  from Bitcoin Veterans. You guys kind of already gave
• 57:25
  the TLDR, but for everyone that's coming up later, what is
• 57:28
  the mission of Bitcoin veterans and and what are you guys doing?
• 57:33
  Shane, why don't you go? I'll follow you.
• 57:34
  I'll follow you up. Yeah, we thought it was pretty
• 57:36
  self-explanatory by the title. Bitcoin veterans.
• 57:38
  We're bitcoiners. We're veterans.
• 57:40
  We're trying to put people back on the mission.
• 57:42
  Guys that have maybe found some nihilism in their lives don't
• 57:46
  have a lot of hope and still deep down want that freedom,
• 57:50
  that American idea, self sovereignty, the little white
• 57:54
  picket fence family and all that fun stuff.
• 57:55
  We're trying to help guys actually realize that by
• 57:58
  introducing them to Bitcoin, get them reintroduced to society, so
• 58:02
  to speak, and give them a mission that is going to, you
• 58:06
  know, empower them and and take charge of that passion that I
• 58:09
  think they signed up for, for the military, you know, in good
• 58:12
  faith and turn it into, you know, this this bright orange
• 58:15
  future that we're all looking at.
• 58:16
  So that's that's kind of a very high level idea of why and and
• 58:20
  how we form Bitcoin veterans. Yeah.
• 58:24
  Alex, want to jump in? Yeah, sure.
• 58:26
  So my perspective on it is, is that like, I think a lot of guys
• 58:29
  who join the military, not all and gals do so because they are
• 58:33
  what I call sheepdogs. They have an instinct inside of
• 58:36
  them to protect other human beings.
• 58:38
  And then they, they signed up for the military thinking that
• 58:40
  that's what they were going to get to do.
• 58:41
  They were going to protect their people.
• 58:43
  And as it turns out, I think a lot of guys who go in figure out
• 58:47
  after a while that it's not what they thought it was like they'll
• 58:51
  get out and they'll realize, man, this is a gigantic machine
• 58:54
  feeding a military industrial complex of non-stop forever
• 58:57
  wars. And it's the forever wars stuff
• 58:59
  that I think grates on a lot of veterans.
• 59:01
  They get out and they're like, man, I dedicated my life to this
• 59:04
  for X number of years. I signed the dotted line.
• 59:06
  I agreed to go over and get shot at and possibly blown up and
• 59:09
  dismembered for what? Like what are we doing here?
• 59:13
  You know you think you're spreading freedom and protecting
• 59:15
  in America when in reality what you're really doing is you're
• 59:18
  just feeding this non-stop monster that is never satiated
• 59:21
  and that monster is the military industrial complex.
• 59:25
  They print the money. They pay those guys for the
• 59:27
  bombs and the missiles and The Jets and all the things.
• 59:30
  And some of those guys get really freaking rich and our
• 59:34
  military. The guys who go out there and
• 59:36
  and stand in the gap, go to foreign lands and and do the the
• 59:41
  work of these people. You know they got to carry a lot
• 59:46
  of bullshit with them for the rest of their freaking life
• 59:49
  because of that. Yeah, totally man.
• 59:53
  And you know, I think I'm pulling up your website so
• 59:55
  everyone can check it out. Go to bitcoinveterans.org guys,
• 1:00:01
  you guys can follow along. But I think to your point, you
• 1:00:05
  guys found such a good market niche.
• 1:00:08
  Because you guys are saying, I think for the most part veterans
• 1:00:12
  are like you say, I love the meme that you have Alex of
• 1:00:14
  Sheepdogs. I think a lot of people do get
• 1:00:17
  in for the right reason of wanting to protect America,
• 1:00:20
  protect all the things that we love especially as Bitcoiners
• 1:00:23
  and to kind of realign their their operating system be like
• 1:00:26
  look guys the mission that you wanted is really in Bitcoin and
• 1:00:30
  this is what we're doing and I just love the community you guys
• 1:00:33
  have built. I was on the phone with Mike
• 1:00:35
  Hobart last I think it was last Friday and he was telling me all
• 1:00:38
  of your. I I think he kind of called him
• 1:00:40
  like decentralized signal groups of I don't want to say sleeper
• 1:00:44
  cells everywhere but of like you know you're different you guys
• 1:00:47
  have different groups for different areas so people can be
• 1:00:51
  organizing everywhere across America and and you guys are
• 1:00:55
  even saying international. So can you talk about that?
• 1:00:58
  You guys aren't only a podcast but you guys are really building
• 1:01:01
  a local you know bottom up community of veterans around the
• 1:01:05
  world getting connected and organized and having great
• 1:01:08
  communication and great discussion.
• 1:01:10
  I I just absolutely love what you guys have been doing.
• 1:01:14
  Yeah. So there's a, there's a thing
• 1:01:16
  called the Dunbar number. And the Dunbar number basically
• 1:01:18
  is, is there a certain amount of people that you once you re go
• 1:01:21
  past a certain number of people in an organization, you start to
• 1:01:25
  lead, lose some of the cohesion, you get to the point where
• 1:01:27
  people don't know each other as well, those types of things.
• 1:01:29
  So early on we agreed that we didn't want to have more than
• 1:01:33
  120 people in any particular group.
• 1:01:36
  So it started with as soon as we started hitting the caps on
• 1:01:38
  these particular groups, we just started adding more groups and
• 1:01:41
  currently we're up to quite a few and we have all these
• 1:01:45
  different initiatives. As it turns out, a lot of these
• 1:01:48
  guys are incredibly intelligent, incredibly skilled.
• 1:01:52
  They have all kinds of stuff that they've learned from the
• 1:01:54
  military that like I tell you what, you don't want these guys
• 1:01:58
  on the other team in a forest plotting against you.
• 1:02:02
  Like for just as one example, we have this one dude who is a
• 1:02:06
  former CITC, which is basically a cyber warfare, cryptologic
• 1:02:11
  kind of super smart dude that used to deploy with the SEAL
• 1:02:13
  teams and feed them intelligence info.
• 1:02:16
  He's the guy that will, if you're transmitting with a radio
• 1:02:18
  in the forest, he will fucking find you.
• 1:02:20
  So like these kind of guys are part of the organization and
• 1:02:24
  we've just got all these different initiatives that we're
• 1:02:26
  building here, like the Citadel network.
• 1:02:29
  We've got this channel of a bunch of dudes who either own
• 1:02:31
  Citadel's or intend to own Citadel's.
• 1:02:34
  And these are not theoretical. You've heard this like Bitcoin
• 1:02:37
  Citadel's thing for years. These are not like dreams.
• 1:02:41
  These are happening. These guys are building these
• 1:02:43
  things right now and we have other guys who like the
• 1:02:46
  intention is to create a ham radio radio relay network all
• 1:02:49
  across the United States linking these things together.
• 1:02:51
  So we're going to be doing that in Nashville.
• 1:02:53
  We're going to have this thing, what we call the the BV Citadel.
• 1:02:55
  We're going to be testing people to get qualified a ham radio
• 1:02:58
  that we're going to have breakout sessions teaching
• 1:03:00
  people about mesh tastic networks, which are basically
• 1:03:03
  off the grid networks that you can build in your local
• 1:03:05
  communities. So if the cell networks go down
• 1:03:08
  or whatever, you've got that point of resilience.
• 1:03:10
  We're going to have guys, they're doing contingency
• 1:03:15
  planning sessions. These are former military
• 1:03:18
  officers, graduates of West Point so on and so forth that
• 1:03:21
  that think adversarially and they're like, look, this is all
• 1:03:25
  the shit that can come against Bitcoin.
• 1:03:26
  Are you thinking about this stuff?
• 1:03:28
  And we want to get as many developers in there as possible
• 1:03:31
  to to kind of war game out best ways to defend against this kind
• 1:03:35
  of stuff. We're going to have start nine
• 1:03:37
  in there that's going to be doing basically breakout
• 1:03:41
  sessions on how to use start 9 servers, all the different
• 1:03:44
  things, man. Anyway, love it gambling there,
• 1:03:48
  but yeah. Dude, keep rambling.
• 1:03:50
  Keep rambling. It's great.
• 1:03:52
  One thing you did talk about the citadels, and I don't wanna dox
• 1:03:56
  anyone on the show, but you guys are very huge on local
• 1:03:59
  communities, so I'm gonna point to Shane.
• 1:04:02
  Can you elaborate on the idea of local communities?
• 1:04:05
  Obviously we talk about it here on the show all the time, bottom
• 1:04:07
  up, going local, making sure that you, you know, know your
• 1:04:11
  neighbor like a very simple thing.
• 1:04:12
  Like talk to your neighbors and make sure that you get more
• 1:04:15
  people around you on board with what we're talking about.
• 1:04:18
  Because This is why Nico and I always talk about getting
• 1:04:21
  meeting bitcoiners in meet space because like, it's cool having
• 1:04:24
  communication on Twitter and all that, but it's a totally
• 1:04:27
  different vibe when you hang out with people in real life.
• 1:04:29
  You know that there's people in your neighborhood that are also
• 1:04:32
  like minded, like you're not as strong being a lone wolf.
• 1:04:36
  You need a community of like minded individuals around you.
• 1:04:39
  Hell yeah. And and and you you breed like I
• 1:04:42
  think it was some somebody in the comments says this is not a
• 1:04:44
  niche. It's a light.
• 1:04:46
  We've got these skill sets. You know, I was a, you know,
• 1:04:49
  Marine Recon guy. We've got Green Berets, we've
• 1:04:52
  got Navy Seals. We've got all these guys who
• 1:04:54
  have done inland warfare through Iraq and Afghanistan where a lot
• 1:05:00
  of what we did was we adopted the Green Beret mission, right?
• 1:05:03
  It was, it was indigenous force multiplication.
• 1:05:05
  For anybody that doesn't speak military.
• 1:05:08
  That just means you go into a local population, sent you
• 1:05:10
  identify some leaders in that set and then you start working
• 1:05:13
  on them, developing these relationships, you know,
• 1:05:15
  reaching out, maybe offering a help or hand establishing, you
• 1:05:19
  know, who might be these, you know, their players, what are
• 1:05:22
  their skills, what kind of resources do they have.
• 1:05:25
  And at that point when you can start to do that and you
• 1:05:27
  actually have a a format for doing that, a blueprint for
• 1:05:30
  doing that, you've done it successfully in non permissive
• 1:05:33
  environments. When you come into your own
• 1:05:35
  community, your own neighborhood and and building your own
• 1:05:38
  Citadel's, trading with local ranchers, farmers and things
• 1:05:40
  like that, talking to them about Bitcoin and freedom first, a lot
• 1:05:44
  of times meeting them where they're at, you start to see the
• 1:05:47
  the fruit of these discussions. So quickly you'll you'll start,
• 1:05:51
  you know, having bourbon nights. You'll start having dinners
• 1:05:54
  together maybe you know talking to people about you know owning
• 1:05:57
  a couple of chickens or something just, you know local
• 1:05:59
  homesteading maybe even homeschooling like my, you know,
• 1:06:02
  my family's into into both of those things.
• 1:06:04
  My wife is you know an amazing homeschooler.
• 1:06:06
  So you start to normalize all these ideas and and and action
• 1:06:11
  items that we, you know, we want as Bitcoiners and it starts to
• 1:06:16
  pull together a community in a in a way that I think is is
• 1:06:20
  palpable. You actually see the results.
• 1:06:22
  And so yeah, these guys have done an amazing job and I, I
• 1:06:25
  mean you know, I don't want to dox.
• 1:06:26
  Anyway, I'll tell you, this is happening all around the US
• 1:06:29
  right now and we're gonna talk about it a lot in Nashville.
• 1:06:32
  So back in the Citadel room, if you're going to be in Nashville
• 1:06:36
  and maybe you're a Bitcoin veteran or Bitcoin adjacent, you
• 1:06:38
  can get in contact with us. We'll get you in there for a big
• 1:06:41
  discount. But yeah, this this move to
• 1:06:44
  create orange communities out there through Bitcoin veterans,
• 1:06:48
  it's it's happening now and it is absolutely amazing to watch
• 1:06:52
  these these communities start to gravitate around these guys who
• 1:06:56
  have seen a thing or two and know if this thing or two
• 1:06:59
  because of what they've done overseas.
• 1:07:01
  Amazing. Dude, I mean it.
• 1:07:03
  It's it's it's it's it's very important to have these
• 1:07:09
  communities that you guys have built, like the these this
• 1:07:12
  network of people that you can reach out to and they can rely
• 1:07:17
  on you, you can rely on them. It's incredibly important.
• 1:07:20
  And you know, of course I'm not a veteran, never went to war,
• 1:07:24
  but you know, I think I've, I love reading about history,
• 1:07:29
  right. And one of the things that I've
• 1:07:31
  noticed is that when you go through conflict with with with
• 1:07:34
  with your brothers, you you start to build a very, very
• 1:07:37
  special bond that I I don't think that you can you can build
• 1:07:40
  in any other type of scenario, right.
• 1:07:43
  So you know the fact that you guys have been able to do this I
• 1:07:46
  think is, is very important and not to say anything too direct,
• 1:07:51
  but I think you know over the next couple of years you know
• 1:07:55
  this, you know as as the separation of money and state
• 1:07:58
  accelerates, you know I think these types of communities are,
• 1:08:01
  are, are are vital for, for our cause anyways.
• 1:08:06
  Can I can I say one thing to that really quickly is that,
• 1:08:11
  yeah, I think you're right. Like when you get guys in
• 1:08:13
  difficult circumstances, they build really strong bonds.
• 1:08:16
  So that is true about dudes who've been in combat together.
• 1:08:18
  And then all these veterans, regardless of service, have that
• 1:08:21
  kind of thing going on. But I also want to say that,
• 1:08:23
  like part of what I see for Bitcoin veterans going forward
• 1:08:26
  in the future is, is that taking guys who weren't military and
• 1:08:29
  doing things where where you face adversity together and you
• 1:08:33
  you can build those bonds with dudes who've been through all
• 1:08:35
  that kind of stuff too with guys who aren't, haven't been through
• 1:08:38
  that kind of stuff because we just need to.
• 1:08:40
  I think I think that's a big thing that's missing in in
• 1:08:43
  Western culture is the ability to get around dudes who are
• 1:08:46
  basically warrior archetypes. When you're not a warrior
• 1:08:50
  archetype and sort of just hang out and learn things right, get
• 1:08:53
  to get it. It's a it's an opportunity to
• 1:08:56
  maybe if you're interested in doing that learn some stuff
• 1:09:00
  whether that's survival skills where there's weren't going out
• 1:09:02
  on the range learn how to shoot. Whether it's just like how do
• 1:09:05
  these dudes approach life? Like a what how does this dude
• 1:09:07
  approach his his citadel, what's he doing?
• 1:09:09
  Like how is he raising his family, all these different
• 1:09:11
  kinds of things. Like if you have an interest in
• 1:09:13
  that, I I I think it's really important that BV continues to
• 1:09:17
  not just grow with wet veterans, but everybody else.
• 1:09:20
  We want to interact with everybody.
• 1:09:22
  Absolutely. Love it.
• 1:09:23
  Love it. Incredibly important.
• 1:09:25
  It's it's a it's a brotherhood. It's very important guys.
• 1:09:28
  Go check out Bitcoin. Yeah, yeah.
• 1:09:30
  Wait, Nico, before we go on veterans, how do people contact
• 1:09:34
  you? Like what?
• 1:09:35
  What's that whole process like? Do you guys vet people?
• 1:09:38
  Do you vet the vets or just is everyone allowed here?
• 1:09:43
  Yeah, we we vet people, but we just do so in a way that it it's
• 1:09:48
  like we'll have conversation with them and it's pretty
• 1:09:51
  obvious if somebody's not a veteran, but if you're a
• 1:09:52
  civilian, that's OK We have what?
• 1:09:54
  I mean, we have these this thing called this civilian auxiliary
• 1:09:59
  division, like if you want to get involved with Bitcoin
• 1:10:01
  veterans, you can, even as a civilian if you want.
• 1:10:03
  And then if you're interested in different things that we're
• 1:10:05
  doing, we're more than happy to have you involved.
• 1:10:09
  So, Bitcoin veterans.org. You can also check us out on
• 1:10:12
  Twitter at Bitcoin Veterans. Yeah.
• 1:10:14
  And and I'll add to that too is you know if if you're cautious
• 1:10:17
  about this, this group in terms of what we're about, it is peace
• 1:10:21
  first. You know that that is the main
• 1:10:24
  thing is anybody coming into these, they get briefs.
• 1:10:27
  This is a peaceful revolution. This is the way we're headed.
• 1:10:30
  If you're not on board with that, then you can get the hell
• 1:10:32
  out of here. Secondly is don't worry about
• 1:10:35
  not being the veteran, right? Is this, this is an extremely
• 1:10:38
  accepting crowd. We know we need civilians out
• 1:10:41
  there, and we know there are the warrior archetypes, like Alex
• 1:10:44
  was saying, that are in the civilian population that didn't
• 1:10:47
  waste a lot of their time and effort in the military like a
• 1:10:50
  lot of us did. Don't feel like you're behind.
• 1:10:53
  It's just one of those things where we want to incorporate
• 1:10:55
  you, we want to get you involved and we want you on the mission
• 1:10:57
  with us because that's what we're going to need to grow.
• 1:11:00
  Love it. Love it.
• 1:11:01
  OK, Nico, I know you're trying to get to the meme review in
• 1:11:04
  the, you know, because of time, but I do want to give Shane and
• 1:11:08
  Alex the final two sets. It could be about veterans.
• 1:11:11
  It could be about life, about Bitcoin.
• 1:11:13
  What's the last message you want to leave with the audience?
• 1:11:18
  Well, first of all, thanks for having us on the show.
• 1:11:20
  This is an amazing platform. You guys have done a hell of a
• 1:11:22
  job. I think you guys understand that
• 1:11:25
  if they're fighting us, we're on target.
• 1:11:26
  So just keep up all the pressure, the mimetic warfare
• 1:11:30
  that you guys do over here at Simply Bitcoin, it's working.
• 1:11:33
  I mean everything you can do to ridicule these people in their
• 1:11:36
  place and then you know make sure that they are are seen
• 1:11:40
  under their own weight for the lies and everything else they
• 1:11:44
  you know, put on the the population, make sure that you
• 1:11:47
  just keep, keep pressing, keep moving, be smart about it.
• 1:11:50
  But yeah, you guys are all over the target.
• 1:11:54
  Appreciate that, dude. Appreciate that.
• 1:11:56
  Yeah, just a a quick final comment on that on stuff is is
• 1:11:59
  that like for me I'm just going to say that I, I, I will not
• 1:12:04
  abide a future where my kids don't know freedom full stop.
• 1:12:07
  And I, and I think Bitcoin is the best weapon we have to fight
• 1:12:12
  a peaceful revolution. This is the mission, like I
• 1:12:15
  believe any everybody needs to understand what Bitcoin is.
• 1:12:17
  So like our our goal. All of us as bitcoiners, you
• 1:12:21
  guys, many of you heard me say this kind of stuff before is our
• 1:12:24
  goal should be to spread the word like that is the mission.
• 1:12:27
  Get on the mission. That's it.
• 1:12:29
  Absolutely. Beautiful.
• 1:12:30
  Wait, Hold on, Mika. Hold on.
• 1:12:35
  Oh yeah. All right guys, we still got the
• 1:12:36
  meme review. It is Meme review Friday.
• 1:12:39
  There's 1000. We broke 1000 live viewers
• 1:12:42
  between YouTube, Rumble and X. If you guys are enjoying the
• 1:12:44
  show, smash the like button really, really helps with the
• 1:12:48
  algos. All right, everybody, let's get
• 1:12:50
  to the meme review. Opti's Friday Meme Review.
• 1:13:00
  We gotta do Sophie's voice, bro. You know, I knew you were gonna
• 1:13:05
  say that. I knew you were gonna say that.
• 1:13:07
  But my voice is so sultry. It's so it just it fills me up
• 1:13:10
  with joy in there. These Friday I mean bro like
• 1:13:15
  Christy, Lagarde, Augustine and Brian must have liked your voice
• 1:13:18
  so. Hey, you know, I may not have a
• 1:13:21
  face for TV, but I do have a voice for radio, so I'll, I will
• 1:13:25
  take it. OK.
• 1:13:29
  Anyways, guys, you guys have been yelling at me all day.
• 1:13:32
  You guys are putting pressure on me for the Friday meme review.
• 1:13:35
  I get it, I get it. Keep tagging me on Twitter, drop
• 1:13:38
  them in a telegram group. But if you drop them in the
• 1:13:40
  telegram group, guys, will you tag me?
• 1:13:42
  Because there's there's a lot of messages in there.
• 1:13:44
  So I I don't catch all the memes in there, but if you want it
• 1:13:47
  your meme to get on the show, tag me in Telegram or tag us on
• 1:13:51
  Twitter and I'll bring them on. You guys already know the deal.
• 1:13:56
  We are. What do you say, Nico?
• 1:13:58
  Narrative trench warfare. You guys are frontline soldiers.
• 1:14:01
  Tweets are the bull, Memes are the artillery.
• 1:14:04
  Yeah, let me. Let me do it.
• 1:14:04
  Let me do it. Let me do it.
• 1:14:06
  I did it. This is narrative trench warfare
• 1:14:08
  on the this is narrative trench warfare on the battlegrounds of
• 1:14:11
  the Internet. If of if tweets are, well, if
• 1:14:14
  tweets are bullets. Memes are artillery.
• 1:14:16
  Let's pull them on. Did a lot better live on stage,
• 1:14:19
  but anyway, yeah, something like, whatever.
• 1:14:21
  Something like. Anyways, continue to ridicule
• 1:14:23
  the corporate press. Continue to get the calls of
• 1:14:26
  actions out there and continue to make the funnies so your
• 1:14:29
  friends head stay in the game. Okay.
• 1:14:32
  First one is by our actually, I just realized there's a lot of
• 1:14:35
  nepotism on today's meme review. So hey, it is what it is.
• 1:14:38
  It is what it is. First one is Rustin, our boy
• 1:14:41
  Rustin. Go watch his Simply Originals.
• 1:14:43
  He's been killing it on our channel. 10 minute clips.
• 1:14:47
  Absolutely hilarious. Probably has the best voice in
• 1:14:50
  Bitcoin creation, in content creation.
• 1:14:52
  He's a character. Love him all right so at SATS
• 1:14:55
  for live on Twitter and he just goes let go and we got a girl
• 1:14:58
  here on her phone and she goes, Oh my God, what the hell is
• 1:15:01
  happening in the world right now.
• 1:15:02
  And then we got Ron Paul on a computer and he goes exactly
• 1:15:06
  what the fuck I was told. I told you was going to happen
• 1:15:09
  14 years ago and you can see grocery prices 70%, gas prices
• 1:15:13
  up 67%, housing costs up 53%, and wars of 100.
• 1:15:17
  Where is that? All right, great, great.
• 1:15:19
  Next one's my boy Rope, AKA at Ropeium on Twitter.
• 1:15:22
  And he goes, fair warning and this is the classic office meme.
• 1:15:26
  I forget what the guy's name is. Yeah.
• 1:15:28
  Jim, he's he's pointing at the whiteboard and he goes learn
• 1:15:31
  about Bitcoin then consider buying some and then take it
• 1:15:34
  into self custody before the only way you can acquire it is
• 1:15:39
  to work for Bitcoin. It's it's looking that way.
• 1:15:43
  All right. Next one, my boys over at orange
• 1:15:45
  label and this is a classic guy in the corner looking at
• 1:15:49
  everyone partying and they don't know meme and today he's got an
• 1:15:52
  FBI hat and he goes, they don't know they're all unlicensed
• 1:15:55
  money transmitters guys. We're all unlicensed money
• 1:15:58
  transmitter. Your wallet is an unlicensed
• 1:16:01
  money transmitter at this point. OK.
• 1:16:03
  This next one is is actually let's let's give wine double,
• 1:16:07
  double memes today because he yells at me all the time.
• 1:16:09
  So first one, nothing there. But at Wine it gets on Twitter
• 1:16:13
  and he's got 1/4 and it goes flips 256 times, come and take
• 1:16:17
  it And then the next one is after 255 coin flips.
• 1:16:21
  If you flip that coin one more time, I'll arrest you.
• 1:16:24
  And we got the classic, I think it is Pixar.
• 1:16:27
  I don't know what that is, but there's a cop running at you
• 1:16:29
  guys. We're criminals for flipping
• 1:16:30
  coins here. I'm going, I'm actually going
• 1:16:32
  super hard today on last week's news.
• 1:16:35
  So Nico, forgive me, but it is what it is.
• 1:16:38
  This next one is Pedro at retweet and we got the classic
• 1:16:42
  psyop fed boys at the the protests here and it goes.
• 1:16:48
  Hey man, want to do a peer-to-peer coin join with me.
• 1:16:50
  Oh man, absolutely incredible. And the last one I got to give
• 1:16:54
  Cynthia Lummus a shout out. Come and take it with the
• 1:16:57
  Bitcoin logo. This is the way, this is the
• 1:17:00
  way. All right guys, you already know
• 1:17:02
  the deal. Drop your meme review score in
• 1:17:03
  the chat and we will cover ours live.
• 1:17:05
  Or cover yours live and ours live.
• 1:17:08
  So we'll give you some time. But in the meantime, Nico, what
• 1:17:12
  is your meme review score? Oh man.
• 1:17:15
  I mean, I don't think I'm. I'm prepared.
• 1:17:17
  All right, I'm ready. I'm ready.
• 1:17:18
  All right, I got some some orange juice here, but it's not
• 1:17:22
  orange juice. It's actually carrot juice cause
• 1:17:24
  apparently it's like good for my gut or something.
• 1:17:27
  I don't know. I'm, I'm, I'm trying to figure
• 1:17:28
  out my diet here. Your your boy's been breaking
• 1:17:30
  out a little too much. I'm trying to figure this out.
• 1:17:33
  OK, so let's go to Shane. What is your meme review score?
• 1:17:36
  5 out of 510 out of 10 OK on a Friday afternoon.
• 1:17:41
  Let's go. Yeah, so all you guys in the
• 1:17:43
  chat telling me I need to step up my meme review?
• 1:17:45
  Shane says I killed it. OK, all right.
• 1:17:48
  Alex, what's your meme review score?
• 1:17:50
  Yeah, I'm going to give those memes one.
• 1:17:55
  Call it 9MM. Metaphorically.
• 1:17:59
  Metaphorically, as an ECO, he says.
• 1:18:01
  Metaphorically. 9mm bullet. There goes YouTube.
• 1:18:07
  I don't know. I don't know.
• 1:18:08
  How do you scurry YouTube Wait. Wait, it wasn't.
• 1:18:11
  A That wasn't a. That wasn't a weapon.
• 1:18:13
  That was a. That wasn't a weapon, dude.
• 1:18:15
  Can you do the click again near more near the microphone?
• 1:18:20
  Oh, there we go. Got that?
• 1:18:22
  Simply Bitcoin bet Bitcoin veterans ASMR. OK, there we go.
• 1:18:25
  All right, Nico, what are you pulling out of the junk drawer?
• 1:18:28
  I'm going to give it an orange Bitcoin pill pin.
• 1:18:34
  That's nice. Yeah, yeah, That's.
• 1:18:35
  That's a good one. That's a good one.
• 1:18:37
  That's. My score.
• 1:18:38
  OK, let's see. Let me see.
• 1:18:41
  Some of these were dropped a little too early before the
• 1:18:44
  show. So re drop them now so that I
• 1:18:46
  can get to them. Let's see where is the first
• 1:18:51
  one. Where is there?
• 1:18:52
  We get someone rumble, dude. OK, here we go.
• 1:18:55
  Here we go. Cue the music, bro.
• 1:18:56
  Cue the music. There we go.
• 1:18:58
  All right, Keith, I give the memes a cup of coffee that Alex
• 1:19:02
  Jones drinks before he recites from the From the Ancients.
• 1:19:08
  All right, next one from Elaine. Bitcoin screams when every theme
• 1:19:12
  becomes a meme on every stream. This is not a dream.
• 1:19:16
  They wanna. They want the hour meme review
• 1:19:17
  show, Nico. Wow, OK you and wine can host
• 1:19:21
  that. OK, JH my girl on rumble.
• 1:19:25
  JH My girlfriend gives these memes one come and take it very.
• 1:19:30
  Good. Very good.
• 1:19:31
  All right, Matt Fry, I rate the memes. 4 chickens to freedom.
• 1:19:36
  What winekas bullying. Opti is not a meme.
• 1:19:41
  It's life. Oh my God.
• 1:19:43
  That's hilarious. Yes, this is true.
• 1:19:45
  OK Tora paddle meme score is the BTC Vets YouTube intro.
• 1:19:51
  All right. Also, Nico, they're telling us
• 1:19:52
  we need to update our intro 'cause they're killing us on
• 1:19:55
  their intro. Huh.
• 1:19:58
  I'll tell you later. Okay sat wise jinx.
• 1:20:01
  I give the memes Nico and Opti providing pure signal every day.
• 1:20:05
  Thank you bro. Appreciate it.
• 1:20:07
  Next one we got UT XO. I give the memes 100% organic
• 1:20:11
  diet for clear skin. Okay.
• 1:20:14
  Guys, I love bread. I'm sorry, T was.
• 1:20:16
  Samurai Dachs and proud of it. It says getting super high with
• 1:20:20
  my are. You not reading it?
• 1:20:26
  Matthew J. Meme Review score I give the
• 1:20:29
  memes one Bitcoin veterans flag to plant in DC peacefully.
• 1:20:34
  Next one, Robert Schmidt gives the memes a spicy Italian
• 1:20:38
  sausage with kraut and cheese. That sounds delicious.
• 1:20:42
  Come up with this Multi stacker 10/10.
• 1:20:45
  This is the way face fusha tongue out.
• 1:20:49
  OK this knock and meme score. No clue what to say but need to
• 1:20:53
  fill the score. OK and Mac half are an army of
• 1:21:03
  veterans with a new mission to hold the line against tyranny.
• 1:21:06
  Primary weapon of choice? Bitcoin.
• 1:21:09
  Just Bitcoin. Hey, OK we ran out on YouTube,
• 1:21:13
  but I, I wait, wait, let's do Rumble.
• 1:21:15
  Just let's show rumble some of so idle threat.
• 1:21:18
  He goes meme review today. No Nico wet blanket this week.
• 1:21:23
  Don Bali meme score. Get the Bitcoin from my cold
• 1:21:26
  storage. MF first.
• 1:21:28
  Yeah, OK, there we go. There we go.
• 1:21:31
  Oops, wrong one. All right, we, we, we it's the
• 1:21:36
  buzzer. We don't run out of scores.
• 1:21:37
  It's always the buzzer. Anyways, guys, thank you so much
• 1:21:39
  for tuning in to Simply Bitcoin Live this week.
• 1:21:41
  We made it through the week guys.
• 1:21:43
  Have an amazing weekend. I'm your host, Nico.
• 1:21:45
  It's my legendary Co host Optimus Fields.
• 1:21:47
  Our guest today, Alex Stanczak and Shane Hazel from the Bitcoin
• 1:21:51
  veterans. Gentlemen, why don't you tell
• 1:21:52
  everybody where they can find you on the interwebs?
• 1:21:56
  Bitcoinveterans.org guys, you can drop us the line and we
• 1:21:59
  really appreciate the platform. Thank you guys.
• 1:22:02
  And I appreciate you guys for coming on.
• 1:22:03
  All right guys have an amazing weekend.
• 1:22:05
  If you guys enjoyed the content like subscribe and share the
• 1:22:09
  content, share Bitcoin content, we we we got to win this.
• 1:22:12
  Anyways, guys, let's. Take some grass this weekend
• 1:22:14
  guys. Yeah.
• 1:22:15
  One last message from our guest. See you guys later.
• 1:22:18
  Just like the Bible says, it's basically an intergalactic
• 1:22:21
  invasion into this space through people.
• 1:22:24
  I'm telling you, it's what all the ancients said.
• 1:22:25
  It's what they warned of. It's what we're dealing with.
• 1:22:28
  They're demons. They're episode was brought to
• 1:22:32
  you by bitcoinwell.com on a mission to enable independence.