Latest / Simply Bitcoin / Why Bitcoin Wins When States Fight Bitcoin Mining | EP 718

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Why Bitcoin Wins When States Fight Bitcoin Mining | EP 718 · Simply Bitcoin

0:14
Welcome to another episode of Simply Bitcoin live.
0:17
Where your number one source for the peaceful Bitcoin Revolution
0:20
code, breaking news culture medic Warfare we will be your
0:21
guide through the separation of money and state today is Friday
0:25
April 14th. It's almost the weekend baby we
0:29
can feel it we could feel it. Anyways today guys I want to
0:33
talk about the better flag Theory and this is kind of like
0:37
a theme that we've been talking about for many many months now.
0:41
How Ali Bitcoin is going to dramatically change.
0:48
The relationship between individuals and the state.
0:51
And the reason I believe that is the case is because it gives
0:57
the, it gives the individual, the ability to pick and choose
1:01
how they consume information, what information they consume,
1:04
sorry not Bitcoin but the internet better set information
1:08
Technologies, right? The internet has given
1:09
individuals, the ability to pick and choose what information they
1:13
Choose to consume and more importantly, what money they
1:18
choose to use. Right?
1:20
That wasn't always the case, right?
1:22
There was only a handful of media channels.
1:24
There is only a handful of you know of journalistic
1:28
Institutions, right? Well now we know that they're
1:32
definitely not credible whatsoever, cough, New York
1:34
Times, but more importantly, it's money as well, right?
1:40
You know, they're going to try to add it with the legal tender
1:43
laws and they're going to try to coerce people into using Central
1:46
Bank, digital currencies. But when it comes to either
1:50
picking putting food on the table or listening to the guy in
1:57
the suit on TV on as to why you should use State money.
2:01
My money's on the literally little bit of a little bit of a
2:05
pain there. My money's on the fact that
2:08
people are going to follow their incentives, right?
2:10
And nothing has stronger incentives than Bitcoin.
2:13
Now, all that being said, what we're witnessing right now in
2:16
the states is individual states, taking different stances on
2:22
bitcoin, whether it is being friendly.
2:26
Words, Bitcoin, miners. Being not friendly towards
2:29
Bitcoin miners, being friendly towards the Central Bank,
2:32
digital currency, push being anti Central Bank, digital
2:36
currency Kush push and what that's creating is is creating
2:39
competition between states. And now, as Sovereign
2:43
individuals is people, you're going to choose to which state
2:47
you want to go to. And this just doesn't just apply
2:50
to United States. I might add this applies to the
2:53
whole world, right? Opting, I always kind of make
2:55
the joke, you know, we're going to try to hold it down here and
2:58
The us. But if all else fails, we're
3:00
going to change the name. It's going to be called L simply
3:02
with going. And we're going to move to El
3:03
Salvador, right? We're going to see the rise of
3:06
that. We're going to see more people
3:08
realizing the power that they have when they take Bitcoin into
3:11
self custody, when they choose to take a bit of a personal
3:16
responsibility and seek their own information, rather than
3:20
Outsourcing that to a handful of, you know, these Legacy
3:26
Media. Oceans that we covered this
3:29
throughout this week, right? They don't exactly tell the
3:33
truth, 100% of the time. A lot of the time, they actually
3:37
proposed propagate narratives that have been given to them by
3:41
governments, right? Isn't that the whole point of
3:44
media? The whole point of media is to
3:47
challenge The Narrative of government.
3:50
But it seems like there's been this weird merger.
3:53
Well that was the case until the rise of the internet, the rise
3:55
of the internet completely change.
3:57
The dynamic right now individuals could talk directly
4:01
to each other instantaneously. Know you guys are listening to
4:04
me. I don't even know who you are.
4:06
I don't know. I'm behind a lot of anonymous
4:08
accounts. You guys are listening to me all
4:10
over the world on Twitter spaces on YouTube.
4:12
Shout out to our fans on Rumble. We've seen a bit of a pick up
4:15
there as well, right? So it's changed the dynamic,
4:19
it's disintermediated, this it's decentralize the whole
4:22
information. Nation game, right?
4:24
So it's just fascinating to watch all of this play out.
4:27
But with all this chaos, remember that these tools,
4:32
whether it's the internet, whether it's Bitcoin.
4:35
They Empower, you completely. But only if you choose to use
4:41
them, if you choose to live in the old world, right?
4:46
Where you're trusting, what these Legacy institutions are
4:49
saying. All right, you know, go for it,
4:54
right? But me I choose to do my own
4:57
research. I choose to seek my own
4:59
information. I choose to use a money that
5:02
doesn't steal for me. So, this game theory, better
5:08
flag Theory sovereign, individual thesis from the 90s
5:13
seems to be playing out in real time, and that's what we're
5:16
going to dedicate today's episode.
5:17
On the, in the fight between the States.
5:22
And when they fight, when they fight, they take stances the
5:26
individual wins you win, because you are going to choose where
5:30
you want to move to because that is a friendlier jurisdiction.
5:34
Less taxes. More business incentives.
5:37
Look at the law that passed in El Salvador zero zero percent
5:42
tax for any tech companies that are that are moving over there
5:45
and you're going to see this competition flock or pop up all
5:49
throughout the world. We saw it in Hong Kong.
5:50
When the u.s. specifically the federal government, the by
5:54
demonstration started being hostile, operation choke point
5:57
two point. O, we read you guys an article
5:59
from Bloomberg literally said with the ccp's approval Hong
6:05
Kong It's to become quote, a crypto friendly City and attract
6:09
business there Dubai's the same thing, right?
6:13
So we're going to see, this is the right.
6:15
This is the transition into the information age, and I think
6:19
that Humanity has never seen this type of Freedom ever.
6:24
And it's really, really exciting times to live through, but there
6:28
is definitely going to be a difficult transition in the
6:31
process because a lot of people were living in the world of old
6:35
number. One and number two, these
6:38
powerful nation states. This nation state model that
6:41
really has been around since the Nepal Nepal Napoleonic era.
6:47
It's been around for a very long time and it's very, very
6:50
powerful. We did an episode yesterday from
6:53
Nolan from our friends, over a Bitcoin mag and we were talking
6:56
about the administrative State, you know some people call it the
6:58
Deep State we were talking about that, right?
7:01
Those forces benefit tremendously from being able to
7:06
issue money for free, that everyone else has to work for
7:09
and they will want, they will want to in Lawrence.
7:10
The part said this, and when I use the word, they will want to
7:13
maintain that privilege as much as humanly possible and they
7:17
will fight for it, right? But this is what it's about.
7:20
We went through the separation of chirp church and state, you
7:24
know, as a human race. And now we are in doing the
7:27
separation of money and state. Hopefully it's not as bloody as
7:30
the last one anyway. As before we start the show when
7:32
I bring up my legendary co-host. How you doing Opti doing?
7:36
Wonderful. I'm really enjoying these.
7:38
These longer monologues in the beginning.
7:40
It really does set the tone Eco but what you were talking.
7:43
I was kind of reminded of this one quote and I might butcher it
7:48
but it's the future is here. It's just not evenly distributed
7:52
and I think everyone out there that has the asymmetric
7:56
knowledge that understands about what Bitcoin is and what it
7:59
allowed for your life. We really are living The future.
8:02
And I think moving forward, we are going to definitely see the
8:07
Divide of people living in the future on the Bitcoin standard
8:10
and those still stuck in the Fiat slavery system.
8:13
And hey, I'm just glad to be on the front lines with you guys.
8:16
So let's go. It's Friday, boys and girls,
8:19
it's Friday boys and girls, but before we start the show I want
8:22
to bring up our special guests Glenn how you doing buddy?
8:25
How's everything? How's life?
8:26
Treating you these days life is treating me very very well these
8:31
days. As thank you like oh how are you
8:33
gentlemen doing good man, I love that response.
8:36
Is it made me made me happy inside.
8:39
Well it's thanks to bitcoin ready but life is so good.
8:42
It's right, right. I what is Envy case?
8:44
A and B K says it best, right? Deterministic optimism.
8:47
And I think that, you know, that summarizes it perfectly what
8:52
living, under a Bitcoin standard is like, anyways, everybody,
8:56
let's jump into the show, let's do this.
9:01
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Visit noddle Dottie you today. All right, guys, at the time of
9:28
recording. No, I totally Miss.
9:32
It's Friday, guys, go to bitcoin 2023.
9:36
It's coming up, it's in less than two months.
9:39
Holy crap. It has been a very long week,
9:41
but I'm very excited for Bitcoin 2023.
9:44
It's almost in literally, it's basically, in a month you want
9:48
to get your tickets quickly, the prices do go up, Miami Beach,
9:52
Florida, May 18th through the 20th 20:23 you Don't want to
9:57
miss the biggest Bitcoin celebration of the Year.
9:59
Let's go through some of the speaker list.
10:01
We have, Michael Lewis, Arthur Hays, Michael sailor.
10:03
Adam back was just announced Jack, mahler's, Stacy, Herbert,
10:08
you have BTC sessions, you have Greg Faust, you have CK, you
10:12
have Dylan, the Claire, Nico and Opti are going to be there as
10:15
well. If you're looking to get a job
10:17
in the Bitcoin industry, literally I highly recommend
10:20
going to the biggest Bitcoin Conference of the Year Bitcoin
10:24
2023. And we got your back bro.
10:27
Code simply to get yourself a big discount.
10:29
Now it's actually time for the numbers, the Bitcoin price.
10:32
At the time of recording is 30,000 215.
10:36
SATs per dollar 3309 block, hike 780 5380 to Opti.
10:43
I think the block height keeps making all-time highs, bro,
10:46
what's going on there? It's almost like Bitcoin works.
10:49
I know right? It's almost like Bitcoin works.
10:51
Also shout-out to Christine Lagarde.
10:53
She looks like she's in the states.
10:55
I don't know. I saw Opti you're going to DC,
10:59
right? Yeah, have a great Wednesday
11:01
night. Alright, reachable Bitcoin, owed
11:05
seventeen thousand ninety six, blocks to having 50 4618.
11:09
But having estimate April, 20 at 20 24, total lighting, network
11:13
capacity, 5400, 17 capacity value. 163 million.
11:19
U.s. dollars. Realized monetary inflation,
11:21
1.76 percent and the market capitalization of Bitcoin 584
11:26
billion. Dollars with Abby.
11:29
Anyways boys and girls I want to talk about this.
11:33
You know, let's talk about pump for a bit.
11:36
First of all, not a fan of Great content creator, you can't deny
11:43
that he has not worked his butt off.
11:45
However, I do disagree with a lot of his business decisions.
11:50
Specifically taking sponsorship for money from you know shit.
11:54
Coin exchange has no one's ever optic.
11:56
Can you play the sound board, please?
11:59
Yeah, one second, I got you don't get shit and he was
12:04
referring to block fi when he said that.
12:07
And that got a lot of people wrecked, right.
12:09
So, you know, you can't say that, you know, pump hasn't
12:13
made, you know, business decisions that haven't heard
12:16
people in the past. Personally, I'd simply we're
12:19
very, very picky on who we decide to partner with.
12:23
But anyways, other than the business decisions, aside we've
12:26
been talking about breaking out of the Bitcoin.
12:28
Echo chamber. Echo chamber for a very long
12:30
time now, right? One of the things that happens
12:32
is, you know, we make Bitcoin content and we think it's dope,
12:36
and it's awesome. And, you know, people are
12:37
listening to it whatever. But the normies, this is every
12:40
note Corners is, you talk to them about Bitcoin.
12:42
They like do schlick, what are you talking about?
12:44
What is bitcoin, right? So it's important right in the
12:47
separation of money and state in this information Warfare in the
12:50
race to avoid the warlike or eclipse and calls it.
12:54
That we break out of the Bitcoin Echo chamber and we get the
12:56
Bitcoins ethos into the popular. Mainstream Consciousness, right?
13:01
And these mainstream appearances are very very important and they
13:06
do just that, right? So we have Natalie Brunell
13:08
holding it down. She kills it.
13:09
Every time she goes on, on mainstream media.
13:11
We had Dylan the Claire the other day.
13:12
CNN, NBC you had Ron Paul mentioning the problems with the
13:16
FED yet, Max and Stacy on the Tim cast, IRL, basically,
13:20
orange, pilling Tim pool, and, of course, Tucker Carlson
13:25
bringing on Michael sailor, bringing 9bo, Kelly, and I think
13:28
he brought on Michael sailor to not Tucker Carson tonight, but
13:30
Tucker Carlson today and that's all part of the fight.
13:33
Like this is information Warfare.
13:35
This is all about getting spreading the orange pill
13:38
handing out. Those orange pills to, as many
13:40
people as possible, convincing them that it's not red versus
13:43
blue. It's green verse Orange, right?
13:45
So, that, all that being said, I really thought it was really,
13:48
really cool. What pomp said in this video?
13:51
Let's Play and then we'll talk about it.
13:54
Corn specifically is a decentralized asset with a
13:57
programmatic monetary policy. It is backed by the strongest
14:00
Computing Network in the world. And if there is one thing in the
14:03
world, that I will bet my life on.
14:06
It is the fact that Bitcoins monetary policy will continue to
14:09
execute exactly as design. Well, no one in the Legacy
14:11
Financial system can even tell me what the federal reserve's
14:15
monetary policy is going to be a month or a couple of weeks from
14:18
them. You, it's impossible to plan the
14:20
average American cannot plan their life, the average
14:23
entrepreneur. And their business because they
14:25
don't know if the cost of capital is going to be zero
14:26
percent or five percent, they don't know if we're going to be
14:29
in a quantitative tightening or quantitative easing, but
14:32
bitcoiners know the monetary policy till the day they die.
14:36
It is written in code audited by anyone in the world and as long
14:38
as that code continues to execute that monetary policy
14:41
will not change and that is the beauty is that you can trust an
14:44
algorithm just as you do in the rest of your life, you trust
14:47
Google to give you answers, rather than ask your friend, you
14:49
trust Spotify to give you music recommendations rather than ask
14:52
a friend, you trust who Google Maps to give you directions
14:55
rather than ask a friend and eventually, I think you're going
14:57
to trust an algorithm with your monetary policy more than going
14:59
to trust any other. So I mean look like trust me.
15:05
Not a fan of the shit coin advertising and whatever but in
15:10
that specific situation pomp absolute fucking slate it like
15:14
the way that he said that was very, very impactful and keep in
15:17
mind, ladies and gentlemen, this is not a Bitcoin podcast that he
15:20
said this, he said this on Fox Business for the world to see,
15:24
The mainstream normies to see and it's about getting the
15:27
message out there, right? We know, the Bitcoin monetary
15:29
policy. It's set in stone, it's not
15:32
going to change, we know it literally for the next hundred
15:35
will well most likely you know because humans are mortal will
15:39
all be dead. By the time the last Bitcoin is
15:41
actually mind, right? So we know that and and that
15:45
creates stability and that creates Beauty and be case as a
15:49
perfectly and I'm sorry mvk. If I keep repeating it, it
15:52
creates deterministic optimism. Because, you know, that you're
15:55
purchasing, power is literally designed to increase in value.
15:59
Basically forever. Michael Seiler said it best,
16:02
right? It's going up forever.
16:03
Laura, it's going up forever, right?
16:06
So but we have to get that message out there.
16:08
We have to get that message out into the popular mainstream
16:11
culture and these mainstream media appearances do just that,
16:15
you know, I've done a couple myself there they're literally
16:18
it's stepping into a whole new world because you know, you're
16:22
usually you're speaking to people.
16:24
Speaking to individuals of no fault of their own that are just
16:28
completely oblivious to this, right?
16:30
And a lot of the economic hardships are caused by this
16:33
broken money. A lot of the economic hardships
16:35
are caused by the fact that money is stealing from
16:38
everybody. Inflation is not necessary.
16:41
That is a fucking lie, and we need to keep drilling that point
16:45
home and wake people up, don't get lost in the sauce with the
16:49
right and left, you know, culture, War BS, stay on
16:53
message. It's Bitcoin, verse orange.
16:55
Bitcoin is the great unifier, and I really do believe that.
16:59
If you fix the money, you fix the world.
17:02
Opti. Yeah, well, you know, I think, I
17:06
think I'm doing what everyone's doing in the chat is this the
17:09
part of the cycle where the shit Corners Go?
17:11
Full Bitcoin only because I think, I think that's exactly
17:13
what happened to be on, you know, like obviously I think
17:17
that's exactly what. Yeah, I mean, as Bitcoin only
17:20
content creators and as bitcoiners I've been around for
17:24
more than one cycle, you are seeing the cycle.
17:26
Repeat again, not just by Palm but by others, their orange
17:30
washing themselves, But, you know, only time will tell to see
17:34
if he has learned his lesson. You know, give him the benefit
17:36
of the doubt, whatever. But like without just doing ad
17:40
hominem attacks, he's not wrong. Like his message is great and
17:43
the Bitcoin signal cannot be stopped at this point.
17:46
The people over at Fox News should be completely orange
17:48
peeled or maybe not just the broadcaster's, but Their
17:50
audience. They've had a lot of great
17:52
Bitcoin signal on their Channel lately on their platform.
17:56
And I think it's just something that we talk about here all the
17:58
time. The Bitcoin message, a Bitcoin
18:01
signal. Oil is in the mainstream
18:03
Consciousness and it's only a matter of time until it fully
18:07
saturates the the average person's brain out there and
18:10
they get some just in case it catches on because it's going up
18:15
forever. Laura so you better?
18:17
Hold on, you better. Wait wait wait don't get shit.
18:26
What's your take on this Glenn? Well you can't really argue with
18:31
anything. He said, they can you say what
18:34
you will about his shit groaning.
18:37
He was right about it when they're and I'm not sure what
18:43
else you can add, you know, the money mandatory policy.
18:45
Till the day you die. What more do you want?
18:48
What else is better? Yeah, 100%.
18:51
I mean so I want to ask you something Glen.
18:54
So what? So we kind of obviously were a
18:57
little bit of in a bit too much. So to be frank, we're a bit
19:01
American Centric. Obviously, you know, because we
19:02
live here. What how is the the norm even
19:06
know coiner where you're from, how are they awake or They even
19:11
aware of what's going on with the money.
19:14
Do you see people in Legacy Media in, you know, where you
19:19
live talking about Bitcoin? Because in the states, at least,
19:23
you know, we are we are starting to see some breakthrough, the
19:28
Bitcoin, Echo chamber, a bit more.
19:30
So how is it, where you live? Let's be honest, I didn't follow
19:36
the Legacy Media, it's a phenomenal answer, but as far as
19:42
the normies go, they they don't even know.
19:47
Most most Endeavor, no Fox News here.
19:50
So They may need clueless. But when you talk to them about,
19:57
The value of their money disappearing, they all pretty
20:00
much understand. And grasp very quickly, the idea
20:06
that's a money that you can't do that with would be.
20:12
Something. Yeah.
20:15
What's that anyways? Yeah.
20:17
Yeah. There's like a buzzing.
20:20
Yeah, it's fall. It fall off.
20:22
Now, I don't know what's going on.
20:27
There you go, I think you're good.
20:30
Oh, good, my friend. All good with the culture, we'll
20:33
talk more about it in the culture.
20:35
We got the show. Must go on.
20:37
All right, everybody, let's get to news.
20:38
We got a lot to talk about. Let's check it out.
20:43
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Alright everybody. So today I want to talk about
21:25
the better flag Theory and it's important, it's important.
21:30
And the reason it's important is because you have to understand
21:34
how powerful you are as an individual in today's day and
21:38
age. But this only applies if you
21:41
take Bitcoin in To self custody. Bitcoin gives you two Powers
21:44
when you take it into self because he gives you the power
21:46
to vote with your wallet. But most importantly, it gives
21:49
you the power to vote with your feet.
21:52
Think about it. If you live in a tyrannical, go
21:56
country before Bitcoin. Right?
21:58
How did you flee with your wealth?
22:00
Your wealth that you spent your entire life working
22:03
accumulating? How did you leave?
22:05
I've heard horror stories of people whole trying to hide gold
22:09
in their teeth. Trying to, you know, put stuff
22:12
on their body. There's only so much.
22:14
You could do that. Gold is extremely heavy
22:17
diamonds, you know, whole hiding diamonds in their teeth.
22:21
Now, we live in a world where you could memorize 12 words.
22:25
And you could theoretically store millions billions if not
22:28
trillions of dollars in your mind, obviously we don't
22:31
recommend that but if you're in a pickle, huh, and also maybe
22:35
you don't even memorize it, maybe you put it in a tiny
22:37
little, you know, tiny little microscopic, print type of thing
22:42
and you hide it somewhere on your person, there's many ways.
22:47
But what I'm trying to say is that, that completely changes
22:49
the power dynamics of the situation, right?
22:53
The only reason that f Dr. Was able to get away with this 6102
22:56
order in the 1930s is because most people Outsource this
23:01
custody of their gold to Banks rightly.
23:03
So, gold is extremely like, especially if you hold large
23:06
amounts, it's very heavy. It's hard to transport.
23:09
But now that's completely changed.
23:11
So now individuals are empowered and because individuals are
23:14
empowered. Now, they're going to pick and
23:18
choose where they want to live based on how friendly that
23:22
jurisdiction is to them. And we're going to see more and
23:26
more of this. And by the way, the backlash
23:29
from governments to try to stop this is going to increase as
23:33
well. I really recommend reading the
23:36
book, The sovereign individual, they literally lays it out and
23:39
it's playing out in real time anyway.
23:41
So what is the, what is the BET? What is the the flag Theory?
23:44
The better flag Theory, here is a article from Nomad capitalists
23:49
as put simply flag Theory encourages.
23:51
The idea that you should go where you're treated best, the
23:55
goal is to diversify your personal and financial affairs.
23:58
So that note that no one government has control over you
24:02
or your money right? And You're seeing this plan B,
24:05
shout out, Katie the Russian, right?
24:07
And also, we had Escape tool, Salvador, the other day, right?
24:10
Talking about this, you as individuals is bitcoiners have
24:14
to start thinking this way, because you might live in a
24:17
jurisdiction that might become very hostile towards this
24:21
movement, right? Anyways is why you have to learn
24:24
how to take self custody. It is very, very important.
24:27
Anyways, let's talk about the battle between the individual
24:30
states and how they're approaching it differently.
24:32
So, we all know how New York Eight feels about Bitcoin mining
24:36
in particular, they partially band, The partially band, you
24:42
know, proof-of-work, mining. And of course, you know, in this
24:46
article from Politico, it says now environmentalist want more.
24:50
Right? Goes on to say at first in the
24:51
nation partial ban on cryptocurrency, mining in New
24:54
York is sending Ripple effects through the burgeoning industry
24:57
and also emboldening environmentalists to push for
25:00
similar efforts. Several similar measures Across
25:03
the Nation. I write and think about that.
25:05
Think about how that worked with China.
25:08
What happened with China? Did they?
25:11
Did they kill Bitcoin when they ban Bitcoin mining within their
25:15
borders? Know what happened to the hash
25:18
rate it decentralized across the world made made Bitcoin more
25:22
decentralized. Therefore stronger to attack
25:25
harder to attack and not to mention the fact that all of
25:28
that hash rate on, not only recovered, but it made all-time
25:34
highs as well, right? So can't opt e said it best and
25:39
I never forget this how Optics? That's right.
25:42
You can't ban yourself from Bitcoin, you?
25:45
Sorry, you can't ban Bitcoin, you can only ban yourself from
25:47
Bitcoin. So let's let's go to another
25:50
front. So, what's going on in Arizona,
25:52
Arizona, something very similar, Arizona, governor vetoes Bill
25:56
targeting taxes on blockchain node, host goes on to say, Katie
26:00
Hobbs, the governor of the American state of Arizona, has
26:03
vetoed legislation that would have largely stop local
26:06
authorities from imposing taxes on individuals and businesses
26:09
running blockchain notes. An April, 12th decision,
26:13
Governor Hobbs issued, a veto to Arizona Bill 1236.
26:17
First, introduced in January, the legislation aimed to revise
26:20
sections of status pertaining to blockchain, technology, largely
26:24
reducing or eliminating regulation and tax nation of
26:28
note. Operators at the state level
26:30
like I didn't even know you could tax a note operator I like
26:34
it's so crazy how you know it's nuts.
26:38
Anyway it goes on to say quote a city or town may not.
26:41
Pose a tax or fee on any person or entity for running a node on
26:46
blockchain technology in a resident said the Senate version
26:49
of the bill quote the imposition of a tax or a fee on a person or
26:54
entity running a node on blockchain technology in a
26:57
residence is a Statewide concern and not subject to further
27:01
regulation by a city or town. It was a great day too.
27:06
It was a great day celebrating the first hundred days of my
27:09
Administration with folks from across Arizona.
27:11
Anna. There's such there's so much
27:13
more to do, but I'm excited about the foundation we've laid
27:16
and where we're going next. I mean, interesting, right.
27:20
So that's Arizona's. Take we went through New York.
27:23
Now, let's move on to what's going on in Texas.
27:25
So, in Texas Senate Bill 751. That's the bill that, you know,
27:31
basically caused a lot of the commotion from bitcoiners
27:35
Pierre. Richard had a, you know, a video
27:37
that basically went viral. He was testifying, I think it
27:41
was, you know, Basically, in the, in the Texas Senate or the
27:44
Texas government, building basically advocating as to, you
27:49
know, why they shouldn't get rid of these tax incentives for
27:53
Bitcoin Miners And how it's providing a lot of job
27:56
opportunity for, you know, these small towns in Texas, right?
28:00
So Texas took a more hostile front, but again, so, you know,
28:04
New York did its thing Arizona did its thing.
28:06
We know how the federal government feels about it, but,
28:10
you know, there's other states that are Approaching this
28:12
completely different right? So Montana's right to mine
28:16
Bitcoin. Bill ready to be signed into
28:18
law. Goes on to say the bill,
28:20
entitled an act generally revising crypto currency laws,
28:24
prohibits discriminatory digital asset mining utility rates
28:27
limits, local governments Powers related to digital asset mining.
28:31
As well as discriminatory taxation on the use of
28:34
cryptocurrency as a payment method and frames digital assets
28:37
as personal property quote, whereas digital asset mining.
28:41
Positive economic value for individuals and companies
28:44
throughout the United States. And whereas the state of Montana
28:47
wants to protect the rights of individuals and businesses to
28:50
mine digital assets, and create legal certainty for the digital
28:53
asset mining industry. And whereas digital asset mining
28:57
has the potential to stabilize the grid and provide revenue for
29:01
infrastructure upgrade Statewide, which is completely
29:04
contradictory to what the narrative was being propagated
29:08
by the New York Times. So I'm trying to give you guys A
29:13
zoomed-out view connect the dots because it's all happening in
29:17
front of your eyes. So we covered New York.
29:20
We covered Arizona, right? We covered Montana, we covered
29:24
Texas also in Arkansas, Arkansas, Bitcoin, mining Bill
29:28
headed to the governor's desk. The bill states that quote, a
29:31
digital asset mining business May operate in the state.
29:34
If the digital asset mining business complies with state
29:37
law, concerning business guidelines and tax policies.
29:39
Quote, a person that is engaging In-home digital asset mining or
29:43
that has a digital asset. Mining business shall not be
29:46
considered a money transmitter under the uniform Money
29:50
Services, act discrimination against digital asset mining
29:53
business. Has prohibited the bill was
29:56
already passed in the state. Senate is on the way to the
29:59
governor's office for approval. Like, look at the stark contrast
30:03
between Montana and Arkansas and compare that to what is
30:07
happening in New York and I think Arizona and Texas or
30:10
somewhere in the middle, right? But not only in the mining
30:12
front, is this battle happening. We also and you know, I put I
30:17
put Governor Christie gnome on today's thumbnail but also on a
30:21
central bank, digital currency level as well.
30:25
We have multiple states that have gone out against that
30:29
movement against that Push by the Federal Reserve.
30:32
We know, based on the B administration's economic
30:36
reports based on a report that was written by the treasury
30:40
called the Of money and payments which was written due to Biden's
30:44
executive order and in that report, right?
30:50
They never they never mentioned Bitcoin in the Bitcoin is not in
30:53
is not the future of money of payments.
30:56
In the eyes of the federal government with the current
30:57
Administration that the future of money and payment in the eyes
31:01
of the current Administration, our Central Bank, digital
31:04
currencies and payment platforms.
31:06
And the reason for that is because I think they can control
31:09
them and I think you know they want to Roll stuff.
31:12
I think that's just the harsh reality, but good news is Kristi
31:15
noem. She says I vetoed, hb1 193, this
31:20
bill adopts, a definition of money to specifically exclude
31:24
crypto like Bitcoin and it opens the door to the risk that the
31:27
federal government could adopt a central bank, digital currency,
31:31
South Dakota will always stand for economic freedom, but it
31:34
wasn't also South Dakota that did this as well.
31:37
This was also happening in Florida.
31:40
Here's a, here's a Coin desk, article article for audio
31:43
listeners, it says Florida. Governor Ron DeSantis proposes
31:46
law to ban Central Bank. Digital currencies goes on to
31:50
say quote, today's announcement will protect Florida, consumers
31:54
and businesses. From The Reckless adoption of a
31:56
centralized digital dollar which will stifle Innovation and
32:00
promote government-sanctioned surveillance, right?
32:02
So, you're seeing this war happening all around the United
32:06
States, it's happening in real time, you're seeing it, whether
32:10
if you're not paying attention to it, it its happening
32:12
regardless, right? But the good news here is, is
32:16
that an, honestly, I'm a big fan of the American form of
32:19
government. Because of this, the sovereignty
32:22
of the individual states is playing a huge role here, right?
32:25
So, you know, California York, you know, States could basically
32:30
adopt anti Bitcoin regulation, but that's just going to create
32:35
opportunities for other states, to be friendly towards Bitcoin.
32:38
Therefore, the bitcoiners and the Your wealth right.
32:42
I truly believe in the next 10 years bitcoiners are going to be
32:45
the wealthiest conglomerate of people on the face of the planet
32:49
are always going to go to where they're treated best.
32:51
Therefore right? The states that are that are
32:54
hostile towards Bitcoin or Bitcoin mining, what do we
32:57
always say? They're going to have fun
32:59
staying poor, they're just going to push away that business and I
33:01
think that over time over a long period of time, what that's
33:05
going to do is it's going to force the hand of a lot of these
33:09
governments. And it's going to make Make them
33:12
change. The relationship of how they see
33:15
their citizens from this kind of like extortion type of thing
33:19
that we live in now to a more customer / business relationship
33:24
that I think I'll Salvador is really being, is really proving
33:28
that model. I really think that, you know,
33:30
that that type of friendly towards bit business, attracting
33:36
bitcoiners that type of stuff. I think we're going to see that
33:39
type of competition on a worldwide.
33:41
Level and I don't think it's going to be a politically viable
33:46
stance to be anti Bitcoin in the next 5-10 years.
33:50
I think that basically the people on the ground, man.
33:54
Think about all the business that they're missing out on
33:57
because of these stupid laws that they're passing, they're
34:00
just going to force those people, you know, to leave.
34:03
But anyways, if you want to take advantage of all this, right?
34:06
If you want to take advantage of this newfound ability that you
34:10
have as an Vigil, to take your wealth wherever you want in the
34:14
world, right? You got to take Bitcoin into
34:16
self custody. That's literally what you got to
34:18
do. That's that's the number one
34:19
thing. And then step two is obviously
34:21
got to run your own note, right? But when you take your Bitcoin
34:24
into self custody you definitely don't want to do it on paper
34:28
because paper is is no paper sucks.
34:31
You definitely want to take Bitcoin into self custody and
34:35
put your generational wealth. Back it up on steel.
34:39
There's no better place to do it than the bit.
34:41
It's Domino bit plates dominar designed to preserve Bitcoin
34:45
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And good news. You can get 10% off bit, plates
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35:02
on paper store it on C steel bit plates, Domino.
35:07
Anyways, Opti, what's your take on all this, bro?
35:08
Like this makes me so freaking Optimistic about the future.
35:13
And now, I know what Corey means about that bright orange
35:15
feature. Like I see it, bro.
35:17
Like, it's so empowering, you know, the fact that you're
35:21
seeing these states basically compete.
35:23
Like they're competing, there's like, no, I'm not gonna do this.
35:26
I'm gonna do this. And then when there's
35:28
competition, right? The people that win, you know?
35:32
So I love to see this, bro. This is great, like, I love
35:35
seeing this and I can't believe, you know this, this strikes me
35:39
every freaking day I can't believe how That book was the
35:42
sovereign individual. Like you're seeing the thesis
35:45
play out in real time, bro. Like it's absolutely Bonkers to
35:48
me. Yeah.
35:50
Agreed love to see what at least seemingly see the political tide
35:55
in our favor or at least like we're seeing some headwinds and
35:59
we're seeing people realize that Bitcoin is freedom and Bitcoin
36:03
will help humanity and and you know, fighting it as I always
36:07
say is anti-human but what do we always say on the show?
36:09
The only votes that well I'll I say this personally, the only
36:13
vote that matters with your money and your feet.
36:15
So if we do see some states, you know, like New York, bit
36:20
license, if they start making stupid moves and entrepreneurs
36:23
and citizens will leave that area and what do we always say?
36:26
They will have fun staying poor. Now, to Nica's joke that we
36:30
always talk about, you know, I don't want to leave the state
36:33
because as many problems that the US has, I still look at our
36:36
country as like the last Alamo, the last Bastion of Freedom.
36:39
So if America drops, Don't think it would look good for the rest
36:43
of the world, you know, we besides exporting our inflation
36:46
to the rest of the world. I think our second biggest
36:49
exploitation is our culture and that freedom minded culture.
36:53
That freedom minded perspective that we have I think is
36:56
something that the rest of the world wants as well.
36:58
I mean obviously I'm biased but as a big corner you know if
37:02
you're in a jurisdiction that doesn't treat you, right?
37:04
Well we have the option to move and I think it's very important
37:08
to realize like options are important.
37:11
In the past you didn't have a choice.
37:13
It's like you're either stuck somewhere with all your assets
37:15
or, you know, like take a take a haircut and and like get out of
37:20
here but now you just put all your wealth in your brain.
37:24
Again, there's better ways to do this but it is an option and
37:28
again, like even to some of these laws.
37:30
Like how you going to prohibit people from running software and
37:33
using electricity? Like, it's absolutely
37:34
ridiculous. It's just, it's just not smell
37:38
like, software speech, and that is protected by the
37:40
Constitution. Politicians administrative
37:43
State, follow the Constitution and do your job and stop trying
37:46
to stamp stampede on our liberties.
37:49
Like, I just want to use a money that is not designed to steal
37:52
from us. And we are obviously, seeing
37:54
from a top-down perspective that these people want to totally
38:00
control you, your family, your life, everything about you, and
38:04
it is a very real Attack on the Liberties of, of America.
38:08
But further of the whole world, they look at you guys.
38:11
This cattle tax cattle, you know, they look at look at human
38:16
lives as something that they own and that they can fleece.
38:20
And this is why we Bitcoin, this is why we've opted out of the
38:24
madness. Because I mean, again, I know
38:26
that I'm starting to wake up to the idea that we do have to play
38:30
the political game. Like this is what Bitcoins about
38:35
being a political opting out of their Madness because they don't
38:38
control us anymore via their money.
38:40
So I love seeing States fight this out.
38:44
I can't wait to see what the best jurisdictions are wonder if
38:47
they're going to have some good views and, you know, some good
38:49
foods and all this stuff. So the free market entrepreneurs
38:53
will solve these problems and Bitcoin capital and the Bitcoin,
38:56
entrepreneurs will just move where they're treated.
38:58
Best like this is the better flag Theory playing out in real
39:01
time and we're just seeing this happen.
39:03
So I think Nico is the first one to kind of bring it up to me
39:06
that this will most likely go the way of legalizing marijuana
39:10
and the states. The and the states that Embrace
39:14
Bitcoin will prosper in the ones that don't will just hurt their
39:17
citizens. And we'll just, you know, have
39:19
the game theory play out in real time.
39:21
So this is what it means to be a bit Corner.
39:22
Something we have to definitely keep an eye on.
39:24
But again, I would love to see favorable laws for all of us
39:28
bitcoiners like it dropped capital gains tax on bitcoin.
39:31
It like it's just money. They're like, come on, come on,
39:35
catch up people. We are living in the future.
39:37
You need to catch up to what game is being played now Yeah,
39:42
100%. And I want to read a passage
39:46
before I pass it on to Glenn and again guys, I can't recommend
39:49
this book enough and basically talking about the transition
39:53
into the information age or the Information Society.
39:57
And they go on to say, genius will be unleash freed from both
40:00
the oppression of government and the drags of racial and ethnic
40:03
Prejudice in the Information Society.
40:05
No one. Who is truly able will be
40:08
detained by the ill-formed opinions of others.
40:10
It will not Not matter what most of the people on Earth, might
40:13
think of your race, your looks your age, or the way you wear
40:17
your hair in the Cyber economy, they will never see you.
40:20
The ugly, the fat, the old. The stabled will Vie with the
40:23
young and beautiful and equal terms in an utterly colorblind
40:27
and anonymity on the New Frontiers of space cyberspace
40:30
and think about Bitcoin Twitter. A lot of your friends on bitcoin
40:33
Twitter, you don't even know what they look like.
40:35
In person, I still call opting. I will forever call Opti by his
40:39
handle. I don't like his Name.
40:41
I do like his real name. It's a good name.
40:43
I know I love his real name, but I like his handling, the H's.
40:47
It's not even that I don't like his real name, dude, it's just,
40:50
he's always opted to me, right? And I think, you know, that,
40:53
that passage really highlights the importance of that, right?
40:57
Look the fact that you can pay people for proof of work without
41:02
having to know who they are or where they're from and they're
41:07
just like, look, if you do this work for me, they give you the
41:09
work and you could pay them in Bitcoin or you could I pay them
41:11
straight, doesn't matter, and think about how much Economic
41:15
Opportunity that would bring the world anyways.
41:17
But I think the passage that really applies to what we're
41:20
talking about, are the theme of the new segment today is this
41:23
one new technologies will allow the holders of wealth to bypass
41:27
the national monopolies have issued and regulated money in
41:30
the modern period. Their importance for
41:32
controlling, the world's wealth will be transcended by
41:34
mathematical algorithms that have no physical existence in
41:38
the New Millennium cyber money controlled by private markets.
41:41
Will supersede Fiat money issued by governments, right?
41:45
And we are currently living through this transition.
41:49
Anyways, Glenn, what are your thoughts on all this brother?
41:51
Didn't say better. I think it's amazing to watch
41:56
play out and those states that are kind of fighting against it.
42:03
It feels like they're just shooting themselves in the foot.
42:05
I don't know what the thinking at all, but it's certainly fun
42:10
to watch. Watch Playhouse, I wish we had.
42:18
More options to to kind of jump jurisdictions for a lot of
42:22
people here. That's impossible.
42:25
So I love my home. I I don't want to leave my
42:32
country but I had started to think about contingencies and El
42:37
Salvador's looking at peeling and son so other Bitcoin friend
42:42
be jurisdictions. So I mean, that is the sovereign
42:45
individual playing Arts whether I like it or not.
42:48
So I go to plan, accordingly. Yeah, 100%.
42:54
And I wanted to talk to you a little bit about that though.
42:57
Glenn right? Is, what is it specifically that
43:01
you feel is tying, you down? Is it's your career, it's your
43:05
family, is it things that you just?
43:08
You feel like you can't make the move.
43:10
Like, what are you talking about?
43:11
This is, it's my home. I mean this is where our family
43:14
and our friends is our community, it's our life is
43:16
here. Yeah, my animals all here, my
43:19
whole life, you know, It would be.
43:25
I mean it would be a huge hit shift to have to, I'm almost 50
43:29
years old. What do I need to go pack up?
43:32
My god of my bags and move somewhere else and I don't want
43:35
to. But, you know, it is starting to
43:38
look like I might have to do with whether I want to or not.
43:43
Yeah, not so 100%. I think throughout history,
43:48
right? So many people have felt the way
43:51
that you've felt Glen right? Where this is my home.
43:54
You know, I can't move. I feel that way.
43:56
By the way, the same opting I feel that way the same way,
43:59
right? But also, you know, where
44:03
slaves, the new cycle, we see the ominous clouds approaching
44:06
slowly and you see the system fighting back and, you know, you
44:11
start to have the same doubts that your start to creep in the
44:15
back of your mind saying look like I really don't want to this
44:17
is my home but I might have to but I think with Bitcoin though
44:23
the beauty of it is Is that worst-case scenario if you are
44:28
are, if you are forced to do that thing that you really don't
44:31
want to do, at least now you can take your work, your energy,
44:36
your time, that you've invested building your entire life up and
44:40
you can take that with you, right?
44:42
And I think throughout human history that was never possible.
44:46
And I think that that has also led to catastrophic catastrophes
44:50
because people just don't leave because they're like, how can I
44:53
leave? I have Everything here, right?
44:56
But now that Dynamic changes, right?
44:59
And I really think it's going to make the world a better place
45:02
for it, but I do agree with you Glenn.
45:03
Let's Hold the Line. Let's not let it get to that
45:06
point. We got a fight and that's what I
45:08
was going to say, dude, like, as much as we have this option, you
45:11
got them in to cut you off, but like I think we need to kind of
45:14
like standard ground. Be like look, this is my home.
45:17
Go fuck yourself. Like I am a sovereign
45:22
individual. I am not leaving and you're not
45:24
going to Upon my Liberties not taking my stuff.
45:27
Yeah you're not taking my stuff. Like I agree with this but hey,
45:30
we do have the option. Options are good.
45:33
Yeah, we got to fight like hell. And again, like this is not
45:35
violent fighting. This is information Warfare.
45:39
Fight lies with truth fight, their misrepresentations their
45:43
lives, just spread the message. Remember guys, don't get
45:46
trapped. They use Politics as a control
45:49
mechanism, do not fall for the bait.
45:53
It is not left. That's right.
45:55
It is literally Orange versus green.
45:57
Don't fall for the BS like oh you know it's the left, its the
46:03
right, it's the red party, it's the blue party.
46:05
You know, it's no no, no, no, no, no cops bit coin is the
46:10
unifier. Bitcoin is the great.
46:12
Unifier will literally unify people.
46:15
Is it. There's there's a common,
46:16
there's a common denominator there.
46:18
I've seen that I have Bitcoin or friends that I have radically
46:22
different have a radically different Diaw.
46:25
Personal ideology with for them, but you know what?
46:29
The common language is? We're both bitcoiners,
46:32
therefore, we can get along. Just well, we don't have a
46:35
problem, we don't have an issue, right?
46:37
But I think right now, a lot of the political Mesquite, like,
46:41
upheaval is coming from the fact that I think the money that the
46:46
fact that money is broken. The fact that it's causing so
46:49
much economic hardship, hardships.
46:53
I feel like it's being used as Like this, like pressure release
46:56
valve to like, you know, vent out people's frustrations, but I
47:01
think their frustrations are not being vented, or being used.
47:08
Better said, their frustrations are not being used.
47:13
To, for something that's more productive, right?
47:17
and point those frustrations point that anger, That upset the
47:22
field that the feeling that you've been stolen from Embrace
47:26
that internalize that and use it to fight the fight, the good
47:31
fight that we're fighting right now.
47:33
Push the peaceful Bitcoin Revolution fix the money, fix
47:36
the world, that's how we win. Anyways, Abdul is get to the
47:39
culture. We got a lot to talk about,
47:40
check it out. The daily culture brought to you
47:47
by Swan Bitcoin.com. Swan is the best way to build
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yourself some Bitcoin. Anyways, everybody if you have
48:48
any questions about this, please send me a Twitter DM.
48:51
And Be happy to answer them Opti.
48:53
What are we talking about today? I don't even know, bro.
48:54
Well, we got Glen at Bitcoin, a boon to on Twitter and we have
49:00
loops, we have his website over here, Bitcoin, a boon to
49:04
dot-org. And I just, I want to ask him
49:07
about what's going on. Adoption wise, in his home
49:10
country, what he's working on, and what he's seen happen in
49:13
real time. So, as you can see, he is from
49:16
South Africa, and he's working on a meet-up.
49:18
You says, it's kind of new. But, hey, Glenn, why don't you
49:21
You talk about it? I'm just reading the website,
49:23
bro. Yes, Shawn that thanks to the
49:27
opportunity to share what we're doing with you guys.
49:30
We've had people asking, so it's good to have a platform.
49:34
That's a very old website. I don't know if that is that one
49:38
still up now? Yeah this it doesn't matter.
49:44
That's what is really the place where we care we post stuff.
49:49
We'll get around to the website eventually, so as you say it's
49:55
early days, but There's a lot of exciting stuff happening on the
50:01
ground. I've been following the clinic a
50:03
see for a long time actually just came back from it.
50:06
Today I went to visit had a man there.
50:10
They've been really supportive of what we're doing, which might
50:15
result from the website there that we've taken inspiration
50:18
from them. Really, I spent a long time
50:22
trying to find something to do in the Bitcoin space and then
50:25
heard one kind of Set the example.
50:30
So I went to say hello to them and to thank them for the
50:34
donation. They they were our first owner
50:38
on behalf of Bitcoin Beach and I'll solve it all.
50:42
So we now have a small bit of seed Capital to really help the
50:46
the project that we've teamed up with here in much the way that
50:51
they did with a certain kids, we've teamed up with the NPO
50:54
here that the trainee needs some Really need some extra 11 and
51:02
attention, love it. So what's the response that
51:04
you've gotten? Like I I have a friend.
51:07
He's in Argentina right now and he was telling me that the like
51:12
the people need Bitcoin more than ever, but they just it's
51:14
still an education issue. Is this what you're experiencing
51:17
back home as well? Yeah, it's a it's crazy.
51:22
How uninformed people here are so they either get the American
51:28
version may you know mainstream version of Bitcoin or the when
51:36
we moved to swell and damn Two years ago and we started putting
51:41
out feelers father Bitcoin as we just found people that had been
51:43
scammed out of their beak wine or that were in the process of
51:46
being scammed out of a Bitcoin. It's it's not great.
51:53
The adoption here which is why I think what had mine is doing is
51:58
so important. We really, really needed
52:00
occasion. Here is the scammers Target.
52:05
You know, people whose first Language isn't English.
52:10
So they more easily kind of or that don't have like a solid
52:15
education. These people are targeted.
52:21
So that's what we are aiming to do is just to bring better
52:23
education surrounding Bitcoin, we think it's becoming urgent's,
52:31
you know, in the face of encroaching cbc's and
52:34
surveillance state. We need to get as many people
52:38
holding some Bitcoin as possible so that when push comes to
52:41
search out of, we can stand up together and say, no, this is
52:45
mine. You're not having it.
52:48
I love it. Yeah, we talked about that all
52:49
the time here, we reference Cory's article the race to avoid
52:52
the war probably every single day.
52:54
And I think this is the most important thing right now is not
52:57
only education, but just getting Bitcoin in people's hands.
53:01
And I have this tweet here, I put it up earlier, but I really
53:04
love you cooked. Tweeted the Bitcoin of Kasi
53:07
account and you go, we don't use crypto in Africa, we
53:09
specifically avoid it. But we do use Bitcoin here and I
53:13
think this is the message in. This is something that we try to
53:16
show up every single day and separate Bitcoin from crypto.
53:19
It's an uphill battle because I think everyone has their mind
53:22
made up in regards to what Bitcoin is what crypto is and it
53:28
really does feel like it's just a constant pushing of a boulder
53:32
up the hill to educate people, especially people.
53:36
That are not technically Savvy and or don't have a good
53:40
financial literacy. So what's how big is the meet
53:44
up? Like what is it just a few
53:47
friends or like what's going on over there?
53:49
Yeah more and more or less we haven't started formal meetups.
53:53
We going to do that now then we do have people asking up until
53:59
now it's just been on boarding and educational meetups with the
54:05
board. Of the of the soccer project
54:07
that we've teamed up with in po. So we're, I don't know if you've
54:13
had had, we have you guys had to have mine on before but I don't
54:18
think so. Anyway, and he's got a guy from
54:23
the informal settlement. That works very closely with him
54:27
Rotondo. He's actually the guy that's on
54:31
boarded, the 11 of the 12 shots. Or something like that.
54:38
So we're basically in the process of building our
54:42
relationships with all the time and O's without ambassadors for
54:47
the rails in community, which is the impoverished part of
54:50
swelling. Damn, it's where the crime and
54:54
the poverty is really at its worst and where we, as Bitcoin
54:59
is feel Bitcoin, can have the most dramatic impact.
55:02
So we taking Bitcoin to where it's needed, most and can Make
55:07
the biggest difference. And so these meetups have been
55:10
about educating the team of volunteers that's going to work
55:13
with us, to start the meetups on that side of the road and so
55:19
that they can educate in their own language and learn from the
55:26
people they trust in the community rather than some
55:29
stranger that moved here two years ago so that's been a
55:33
process finding those Partners took.
55:36
A while we went the first project we approached but where
55:42
we couldn't be happier to have found them.
55:52
I kind of lost my train of thought again, my worries.
55:56
No worries. Alright, last question, what is
55:59
your basic orange pill conversation?
56:03
Like how how have you found to be the best way to instead of
56:07
everybody on everybody can see the value of their money
56:12
disappearing. Now, it doesn't matter if you're
56:14
rich or poor, if you buy groceries, you can see your
56:18
money losing value and everybody understands that it doesn't
56:21
matter how much schooling you've had, you can see that.
56:26
So it doesn't take long to to have that conversation and 24
56:31
people for the light bulb to go on in people's head when you
56:37
talk about inflation, and that's just becoming clearer and
56:41
clearer to people as the money printing, gets out of control.
56:47
More out of control. Yeah, we say it all the time and
56:51
I think Nick is the first one that said to me like you can't
56:53
hide the sticker shock and I think people globally are waking
56:58
up to the fact that wait, what's the Sailor quote like your Fiat?
57:02
Money is is melting ice, cubes in your hand and you might want
57:06
to get some Bitcoin just in case it catches on even if it's just
57:09
a little bit a little bit is better than none guys.
57:12
But hey kudos to you, Glenn definitely come back.
57:16
June. And that's great.
57:18
Give us some updates on what you've been working on and let
57:22
us know how the adoption starts to grow in South Africa because
57:26
we try to definitely keep our ear to the ground and see how
57:30
Bitcoin is taking over the world because it is taking over the
57:33
world slowly. But surely whether it's on the
57:36
state level. Where there it's on the
57:37
continent level nation state level people are waking up to
57:42
what Bitcoin offers them and it's just beautiful to be a part
57:45
of it. It And a little slower than we'd
57:47
like it to, but it's still happening happening at an
57:49
incredibly quick Pace in my opinion.
57:51
So man, kudos to you and can't wait to see how your project
57:55
grows brother. Thank you very much.
57:58
We'll see. Pretty shit.
57:59
I need an eye on Twitter, that's where I'll I will be posting all
58:04
of our updates and things will momentum.
58:08
Now, it took us a little while to find out our partners.
58:11
Now we got them. The meetups are coming.
58:16
We're going to pick up steam now so hellacious.
58:19
All right everybody, let's go. Get to the mean review.
58:21
Let's do it. The daily meme review brought to
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you by Kaboom racks. I get this question all the
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58:54
All right guys, we went a little long yesterday and there was no
58:58
mean review and everyone was giving me shit.
59:01
So I added some extra memes in here for you guys.
59:04
So, you know, hey, sometimes a signal goes on on the show and
59:09
we gotta we gotta continue the signal but you guys already know
59:12
this is the mean review. This is your favorite portion of
59:14
the show, tweet to the bullets memes, early artillery, as we
59:17
are constantly covering on the show.
59:20
There is an information war against us.
59:22
I don't know if you guys noticed but there's a huge Up campaign
59:25
against bitcoiners and against Bitcoin Miners and it's, it's
59:30
almost like, what do you call it?
59:32
Nica, the administrative state is gaslighting, the average
59:36
person out there and this is the importance of the memes.
59:39
Not only is it comedic relief on this show.
59:41
Not only does it keep your guys's head in the game.
59:44
Keep the humor going, but you put calls of action into the
59:48
memes. You put truth in art and this is
59:51
how we spread the message boy. Boys and girls, mainly boys, but
59:56
some girls shouts out to the girls of Bitcoin as well.
59:58
Anyways, here we go. First meme is by the Bitcoin
1:00:02
standard AK at bit Bowl, 777 on Twitter and actually, he posted
1:00:08
a BTC. Therapist, meme.
1:00:09
So, shout out to be C, therapist, he's killing it.
1:00:12
Go follow him. He's dropping hot memes.
1:00:14
Anyways. It's a very simple, simple
1:00:17
visual of Bitcoin versus gold versus Fiat and we got Bitcoin
1:00:21
and Bitcoin logo and it's Number goes up gradually, then suddenly
1:00:26
Bitcoin. Wait hold on one second one
1:00:28
second. Wait it's going up forever.
1:00:32
Laura where to go whatever. Whatever anyway Bitcoin number
1:00:36
goes up and then we got gold, you know, it's just it's stable
1:00:40
it's you know hey Gold's been around.
1:00:43
Yeah it's summer and you know what?
1:00:44
It's somewhere. Oh it's going up for Evelyn is
1:00:47
going up forever. Okay, and gold is going
1:00:49
sideways, you know, hey, it's retaining its Valley but Bitcoin
1:00:52
is better. And then The Fiat is.
1:00:59
And the dollar is designed to lose value.
1:01:03
Why are we being forced to use a money that steals from us answer
1:01:07
this basic question? Why can I not use a money or
1:01:11
something? That holds its value and not
1:01:14
only holds its value but goes up in value.
1:01:16
Why is this the status quo anyways?
1:01:19
This next one is by Sally or at Don t sell on Twitter and its
1:01:25
really hey, it's very fitting. Considering what Nico On the new
1:01:27
segment and it's got the Dos. Equis most interesting man in
1:01:30
the world. And it goes, I don't always
1:01:33
vote. But when I do it with my money,
1:01:35
let's go. Okay, this next one is by my
1:01:39
Ginger friend, rope, AKA a Trope, IAM on Twitter, and he
1:01:43
just got a quote here, Bitcoin, bad fed coin.
1:01:46
Good and go follow him on Twitter because he did a whole
1:01:50
video of this. But we got a screenshot of
1:01:53
Elizabeth or yeah, Elizabeth Warren here with the, the whoa,
1:01:56
Jack me. Meme forgive forgive my
1:01:58
roommates dog, freaking out about the Ducks so you're
1:02:01
hearing him in the background, but we got Elizabeth Warren with
1:02:04
the. Whoa, Jack meme on her head and
1:02:06
she stun and she sponsored by MSNBC the Federal Reserve.
1:02:10
CNN band got and BlackRock. If you know, you know, how did
1:02:14
Elizabeth Warren get? So rich.
1:02:15
That's a whole another conversation.
1:02:17
Anyways, this next meme is, by at level 39.
1:02:20
He has thoroughly debunked the New York Times Fudd article
1:02:25
against Pierre. Richard's troll And they showed
1:02:29
all the receipts, they showed that they whitewash the picture
1:02:32
to make it look more smoggy, they broke down the statistics
1:02:35
and the lies of the article. But hey, it's almost like New
1:02:38
York Times is a paid propaganda machine but hey, what do I know?
1:02:41
I'm just a YouTuber. Anyways, the meme is the classic
1:02:44
superhero red button Meme and on the one hand we got the button
1:02:48
that says on the left side electric vehicles good and it's
1:02:51
got zero missions and on the right side electric miners bad
1:02:54
and it's got zero emissions and he sweating wait, which one is
1:02:56
it? Just be consistent in your
1:02:58
message. If electric vehicles have zero
1:03:00
emissions. Then Bitcoin Asics are also zero
1:03:02
emissions and we're not talking about energy consumption, boys,
1:03:05
and girls just understand the message.
1:03:08
This one, I'm not going to play the video but it is very fitting
1:03:12
and Nico. I can move on, but this is a
1:03:14
tweet by Marty Benton guys. This is how the dollars proof of
1:03:16
stake system is ultimately secured and you guys not going
1:03:19
to hear it, but it is bombs dropping, go to our YouTube.
1:03:24
Look at the pinned, comment of our Tube.
1:03:27
And you can see the difference between what supports the
1:03:30
Bitcoin Network. And what backs, the Fiat system,
1:03:34
one is peaceful and the other is literally bombs if you know, you
1:03:37
know. Anyways, this next meme is, by
1:03:39
Allenby wanna go as we're winning hashtag Bitcoin.
1:03:42
And this is Pirate of the Caribbean.
1:03:44
And we got, you know, the Redcoats over here and it's got
1:03:46
New York Times the fed. The ECB goes, you are without a
1:03:49
doubt. The worst form of money, I've
1:03:51
heard of and we got Jack Sparrow as Bitcoin with the laser eyes.
1:03:55
But you have heard of me. Yes.
1:03:57
They are absolutely terrified of Bitcoin and what Bitcoin offers
1:04:01
and this next meme is by T philosopher. 47 on Twitter I
1:04:05
added this one because I said this yesterday and I really do
1:04:09
believe it and I'm glad that someone put it in me and for me
1:04:11
goes passing the Baton in a raise from gold to bitcoin.
1:04:14
Hashtag hard money hashtag DCA. Accept, 21 million, hashtag hard
1:04:18
cap. Hashtag El Salvador hashtag
1:04:19
freedom and it's just a picture of a baton race.
1:04:23
Thank you, gold bugs. Thank you.
1:04:25
Hard money. Advocates for holding it down
1:04:27
for several. Long, but the bitcoiners, we'll
1:04:28
take it from here and we will cross the finish line.
1:04:31
And this next one. Shout out to my boy, Copernicus,
1:04:33
his son 6, he's constantly trolling me, shouts out to you,
1:04:36
bro. Love you really love the trolls
1:04:39
makes my day when I get trolled by you, anyways, he goes running
1:04:42
Bitcoin, get transaction outset info, and he's got over here he
1:04:47
goes, I'm over here in my Bitcoin, full node right now I
1:04:50
got get transaction outset info in my command line interface
1:04:54
right now. Commanding my shit.
1:04:55
I'm shadowy as flagman, I'm Supercoder man, and it's a cat
1:04:59
on a computer with the wizard hat.
1:05:01
This is how all of us bitcoiners feel, okay?
1:05:05
Anyways, job Me, Maybe score in the chat as we cover hours.
1:05:09
Live II. Really don't know what my score
1:05:12
is going to be. I have to, I have to but I don't
1:05:16
know, which one's better. I'm going to go with this one.
1:05:19
All right, look, I added this rubber band on my wrist so I can
1:05:22
pavlovian dog myself over my bad behaviors.
1:05:27
Time, I think of doing what I don't want to do you.
1:05:30
Give yourself a nice little nice little slab.
1:05:32
So I, you know, I trigger a triggered.
1:05:35
The the pavlovian response has. I'm did.
1:05:40
I'm programming myself in real time Nico.
1:05:43
All right. Well anyways, I'm going to give
1:05:55
it a topo Chico and a little tiny Coca-Cola bottle.
1:06:00
Is it liquid? It's actually got liquids in
1:06:02
there. Oh wait, wait, wait, glad I'm
1:06:06
still here, Glen. Pull up, pull up your score,
1:06:08
pull up your score. Wow, he's got, how is yellow
1:06:21
everywhere? How is yellow everywhere?
1:06:23
I feel. So I feel so I feel so rude,
1:06:26
bro. I thought at the end of the last
1:06:27
segment you were saying. Bye to Glenn.
1:06:32
All right. All right.
1:06:32
All right guys. Okay, drop your me.
1:06:35
Move you score in the chat and we'll cover it live.
1:06:40
Well, actually Nico, we're gonna have to make sure to go just a
1:06:42
little Tad longer so that their scores get in because they
1:06:48
missed it yesterday and they were making fun of me and
1:06:51
talking shit and saying, I need the mean review.
1:06:54
I need my scores, don't rug pull my meme review scores off the,
1:06:58
okay? But before we do that, I want to
1:06:59
give a shout-out to our awesome clothing sponsor represent, OT
1:07:01
d.com, Opti, and I wear the merch every single day and
1:07:05
they're coming out with simply Bitcoin merch soon.
1:07:07
You can use the promo code simply Ash Bitcoin.
1:07:10
And also ladies, ladies simply Bitcoin merch is coming as well.
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Only in representing tv.com check out their other merge.
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1:07:22
Dash Bitcoin. Anyways, let's get you or the
1:07:26
actually Mica you gotta pull them up.
1:07:27
I for some reason restream updated on me and I can't pull
1:07:30
up scores. Do ropes first?
1:07:33
Do robes first? All right, right.
1:07:36
Rating those meme, the one under it rating, those meme rating.
1:07:41
Those memes opt he's new side. Chick Liz, warrants rolling off.
1:07:46
These a feature, not a bug Elaine, a Bitcoin.
1:07:49
For the most oppressed people worldwide, beautiful, beautiful.
1:07:52
McLovin. I give the means the first class
1:07:56
airline ticket for Opti, so he can go secrecy and orange kill
1:07:59
her. All right, next one, we got T,
1:08:05
Sally. I give Give I give a siesta
1:08:08
after a good sheet and we got R and more.
1:08:12
I give the memes, big brain, bitcoiners Max Trotter.
1:08:16
I give the memes a bride meal. Ask Glenn how to pronounce it,
1:08:20
right? How do you pronounce it?
1:08:22
That was perfect. Thank you Brian.
1:08:26
Oh, okay, okay, dete. Tell it to Sally.
1:08:30
I give the me now. What you said that.
1:08:31
Wow. Okay obviously, right?
1:08:33
You didn't say it right. But okay.
1:08:34
All right. All right, guys.
1:08:36
That was thank you so much for joining us on.
1:08:39
Wait, wait, wait CW. I give the memes a Bitcoin 30k,
1:08:43
support, bounce, okay. Wait, wait.
1:08:45
Wait, wait, wait, dude. All this hustle and there's last
1:08:48
one you got to do this one. Last one.
1:08:49
Hold on Bitcoins. Chief carbon officer.
1:08:51
You got to do that one. All right, score up these
1:08:57
nickname for Chrissy Pavlov. No no wait wait watch.
1:09:08
But anyways, what a week, guys? Make sure to check out the audio
1:09:14
version audio only version of OE.
1:09:17
OE, OE me kou. I do have no, we're going to do
1:09:21
that Monday. The shows.
1:09:34
Simply bitcoin news and I also want to thank our very special
1:09:38
guests, Glenn. Thank you so much for joining us
1:09:40
today. I'm losing credibly rude because
1:09:42
I thought for some reason, Opti said by Glenn and the last
1:09:45
segment I thought you had to leave.
1:09:47
So I'm really glad that you stuck around for the meme review
1:09:49
and got to pull out the yellow. Thank you so much for joining us
1:09:52
today. Really appreciate it.
1:09:54
Why don't you tell everybody where they can find you on the
1:09:56
interwebs? Thanks very much for having me.
1:09:59
I also thought I was going, that's why I So the Twitter.
1:10:03
So that's where you can find me. That's why I post everything.
1:10:06
I don't bother with Facebook. I will update the website soon
1:10:12
but we're going to post everything.
1:10:14
We're doing like we have been to the toilet and then we'll come
1:10:18
and catch up with you again when there's a bit more going on.
1:10:22
I think two things like the go. No, you go ahead.
1:10:27
I was hoping to announce the first like public meet up.
1:10:31
On are now but we haven't quite nailed there today down.
1:10:34
So I'll answer that very soon. Sort of time.
1:10:37
Awesome. Well thank you so much for
1:10:39
joining us. Glen guys.
1:10:40
Thank you for tuning in to another episode of Simply
1:10:43
another week of Simply Bitcoin live.
1:10:45
We love you all. Have incredible weekend.
1:10:47
We will see you on Monday. 12:15 p.m.
1:10:49
Eastern Standard Time. And if you want the party to
1:10:52
continue, we are co-hosting a spaces with the best place to
1:10:56
Stacks at Swan.com /. Simply you gotta gotta check it
1:11:00
out. Best place to build.
1:11:01
A bit coin stack. Shout out the best producer in
1:11:03
the game. Producer, Jacob.
1:11:04
And we're holding it down for another half hour.
1:11:06
Till 2 p.m. Eastern Standard Time.
1:11:09
Love you guys. All.
1:11:10
Enjoy your weekend. Peace out, everybody.