Latest / Simply Bitcoin / Bitcoin and the Changing World Order | EP 510

Transcript

Bitcoin and the Changing World Order | EP 510 · Simply Bitcoin

0:04
Welcome back everyone, we're simply Bitcoin.
0:06
We break down the news. The daily fail mean review
0:09
software releases. And the plebiscites joining us
0:13
today, he is the captain of our Twitter ship and putting out all
0:18
kinds of breaking news. That's right.
0:20
We've got Optimus Fields. Joining us again on Sundays.
0:23
This is look, this is becoming a regular thing.
0:26
We love having Optimist here, he loves being here.
0:28
Anyways, Optimus say what's up. Up.
0:32
What's up? Everyone you're stuck with me
0:34
every Monday. It's good to be here.
0:36
Good to see you guys. Love you much k.
0:38
Bye. All right, good stuff.
0:40
Good stuff. I like that.
0:41
That was that was well said. All right, Nico, let's dive into
0:43
the numbers. Brought to you by.
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today like the model at the time of this recording, the block
1:10
height of 740 1500 to the Bitcoin price, 20 thousand five
1:14
hundred fifty Rewrite days 747 total public lightning capacity.
1:19
3940 3.27, Moscow time forty eight, sixty six blocks to The
1:26
Happening 98,000 498 and the samurai Whirlpool unspent
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capacity, Samurai Whirlpool is a coin joint or collaborative.
1:34
Spend it is not a mixing service and the unspent capacity for
1:38
that pool is 4706 96 BTC. That's right.
1:45
They deserve a whisper Nico at the end of the numbers whisper
1:49
whisper, dude. Well, are we gonna are we gonna
1:53
pull out the jokes again that Bitcoin is the new stable coin
1:58
at 20K. There's a to to start to get
2:02
upset or is it is gonna happen? Then we're gonna start to piss
2:05
people off. There could be, if this doesn't
2:06
feel like a stable coin at all, I might be it might be too soon.
2:10
Anyways, you guys know the deal. This is Sunday show which you
2:13
guys see on Monday, which means The legendary Optimus Fields who
2:17
has to fix. His green screen is going to be
2:21
hosting it today. All right guys, what's up?
2:24
Its Optimus I'm here for the numbers, happy Monday, here we
2:28
go. I'm going to share my screen.
2:31
This one is a good one guys you might think this is the main
2:35
review but no, this is the numbers.
2:37
So let's get into this. This one time Bitcoin went from
2:42
six cents all the way to 36 Cents.
2:45
It's and then it crashed down to 21 cents and then another time
2:51
Bitcoin went from 85 cents all the way to twenty nine dollars
2:57
and then crashed three dollars. And then another time Bitcoin
3:03
went all the way to $213 next crashed.
3:10
All the way this $70 And then another time Bitcoin went all
3:17
the way to 11 hundred dollars and that crash all the way to
3:24
two $39. So the moral of the story is
3:29
don't buy Bitcoin because you know it's going to crash again.
3:33
All right guys, so let's just update this little bit.
3:38
We started right here so you go to 11:00 and then it crashed.
3:43
Ash to $200 and then we go up and then Bitcoin went to 19k and
3:51
then it crashed a 3K and then Bitcoin went to 69k and then it
3:58
crashed and we're at 20 cake. So the moral of the story guys
4:03
is don't buy Bitcoin hahaha so you already know what time it
4:11
is. You know, I got to come here.
4:13
Here and make some some light of the situation because Bitcoin is
4:18
dead again and you know that the Bitcoin price is going to crash
4:23
because that's what Bitcoin does.
4:25
It goes up and keeps crashing to the right and it keeps failing
4:29
as number goes up forever. So guys, I really hope that my
4:34
now at the simply Bitcoin listener.
4:37
You understand the game that Bitcoin is going to go to the
4:40
moon and then it's going to crash and everyone is going to
4:42
do their And tell you that Bitcoins dead and we're going to
4:47
get a bit, you Ares, and everyone is going to do their
4:50
victory, dance in the touchdown dances but we will know about
4:53
fundamentally nothing has changed and blocks are still
4:57
coming in. They are still coming in block,
5:00
height is still at all-time high.
5:03
So guys you already know don't buy Bitcoin because it's going
5:07
to crash. So make out fell thoughts or
5:13
opinions. Onions.
5:14
Yes, I'm so glad you covered that because so we posted a
5:17
short this weekend did pretty well.
5:20
Shout out Phil, he was right because I got upset because Phil
5:25
posted a clip and a short at the same time I'm like no Phil you
5:28
can't do that and he just says no.
5:30
So he was totally right anyways in this short that blew up if
5:37
people are so sour when Bitcoin crashes, there's so sour and the
5:41
comments were so aggressive Ha ha.
5:44
I was right. Like, I don't feel like going
5:46
through every single one and saying, like, dude, like zoom
5:50
out two years and talk to me again, right?
5:52
But if there's no point, right? Anyways, I'm going to read one
5:55
of these comments. It was by Tony.
5:58
Mondo Le the FED took two million worth of bitcoin back
6:02
from those scammers from Russia, who hacked and shut down the
6:05
pipe lines on the East Coast though.
6:07
Bitcoin was supposed to be safe from government hackers and
6:11
theft proof. The FED already knew more about
6:14
it than most of the public. You won't be free from anything
6:18
no matter. How passion determine you are to
6:20
prove. Otherwise it's centralization
6:24
Skull emoji. Well, Tony, Mondo.
6:28
Le if you take self custody, you could literally take Bitcoin to
6:33
your grave and there's no fat or any government that could do
6:36
anything about it. So I think you were talking
6:39
about custody Bitcoin but I do appreciate Engagement on the
6:43
comment. Now, in terms of the price, I
6:45
thought I was going to read a comment in relation to the
6:48
price, but that comment was great anyways but we do we did
6:51
get some negative price comments.
6:53
Anyways. Yeah.
6:55
If you're looking at Bitcoin on a year, baseless the volatility
6:58
is crazy, but you can't expect to go to the Moon.
7:01
Without volatility volatility is the price you pay for number go
7:05
up. So volatility is a good thing,
7:07
right? So yeah, a yearly basis of
7:11
volatility might go down. And to the right.
7:13
But on a to 34 year basis, it goes up into the right and I
7:19
would much rather have something that goes up into the right,
7:22
then a fiat currency that's designed to go down and to the
7:27
right. Anyways.
7:28
Phil, what are your thoughts? I'm definitely concerned a kiss
7:32
with Tony's comments because I think he's a little confused as
7:38
to what's going on here. He kind of just mix the whole
7:41
bunch of things together. You know, between the, the fed
7:47
and the oil pipelines and Bitcoin and centralization and
7:53
poor Tony's going to have fun staying poor.
7:55
I'm sorry. We're not we're not here to
7:56
teach Tony. Dude have fun with that.
7:59
Enjoy that narrative. I'm not gonna waste my time
8:01
teaching you about this. Yeah, so look definitely though
8:05
with that with that fantastic that fantastic addition to that
8:09
video, that should be the new don't buy.
8:12
In video because you added those two new price points and and
8:16
it's true. Bitcoins.
8:17
Dead Bitcoin just went below. 20 km.
8:19
We're sitting at the previous all-time high.
8:21
This thing is stinks gone. Yeah, I don't know why anybody
8:24
hanging out anymore. We're sitting at the previous
8:26
all-time high. It's going straight to 0, look,
8:30
I can't believe that anybody can actually say that to themselves
8:34
with a straight face. When you think about the size of
8:37
the network, and you think about how many more addresses we have
8:42
below? What was it?
8:43
Like, 0.01 BTC? Listen, the hard lers, all of
8:49
this. All of this is noise right now.
8:51
Okay, I've explained this before, humans humans are
8:54
emotional, our emotions, don't always make sense and therefore
8:57
our emotions. In some cases guide, poor
9:00
decision-making such as possibly dumping at terrible levels.
9:06
Okay, people get afraid not everybody is here with the same
9:09
time lines. Not everybody is here with the
9:10
same intentions, okay? So I would suggest you zoom out
9:15
look at the signal, you've got more people.
9:18
Adding to the network, more people are learning about
9:21
Bitcoin and not only that, but the hash rate are we still close
9:27
to the 200 or did we just and with these prices, I'm telling
9:33
you right now that it's Gonna Take a Tumble baby.
9:36
Can wait. So now it's a not now it's a
9:38
lagging indicator though. That's right.
9:40
Is going down. Let's go.
9:43
That's going down. It's a sure it's not a good
9:46
example. But anyways, everything else is
9:49
still intact and I'm still hauling and stacking at these
9:52
prices because I'm getting so much more corn anyways.
9:56
Yeah, dude, Tony psychology. It's so fascinating because when
10:00
the price goes up, right, no comments or like a lot of
10:05
Engagement, but you do hear from these people.
10:07
When the price goes down, they come out of their caves, it's
10:09
like Peter Schiff. Like ha ha I got you now.
10:12
Bitcoins dead, and it's funny because, you know, Tony hasn't
10:16
done his research. He just heard a couple
10:19
mainstream media talking points. He put it together in his head
10:22
and he's, like, Bitcoin is worthless.
10:26
I'm smart because I, I saw some headlines on the mainstream
10:30
media like, this is so stupid. Bitcoin has a feature for these
10:35
people and leaves them behind you either get on the train or
10:39
you have fun to take part. That's really the reality of
10:41
situation as As soon as you come to terms with that fact, the
10:44
better it is for you to quote, Michael sailor.
10:47
Everyone gets in at the price. They deserve the question that
10:50
you have to ask for yourself is at what price do you want to
10:53
start stacking SATs? Anyways Phil it's time for the
10:56
daily fail brought to you by Swan.
10:59
Check them out Swan Bitcoin.com it's the best way to build your
11:03
Bitcoin stack with an automated Bitcoin Savings Plan.
11:07
They've got an app that's coming out.
11:09
The link is down below you know I think it Hilarious.
11:13
And I think this tags on perfectly with, with the numbers
11:16
because really the no coiners are just out doing their Victory
11:19
lap with, with Bitcoin dead at 20K, which is the funniest thing
11:23
I've ever seen. I think the date because it's
11:27
absolutely ridiculous. And we are just getting some
11:30
serious, serious hate. All right.
11:33
Let's take a look at some no coiner hate.
11:38
Here we go. This was a really interesting
11:40
one. I don't know who this person is,
11:41
but they've got the blue. Check mark or in my case the
11:45
white actually, it's the black check mark in the White Lotus
11:49
looking thing. Anyways, Grady underscore booch,
11:53
burn it to the ground and fling. Its ashes into the center of the
11:57
Sun. Not sure he realizes that
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Bitcoin is completely digital so it's completely impossible and
12:02
what's hilarious is look at the chart that that he chose.
12:06
So this tells me that he couldn't find a horse chart than
12:09
Bitcoin being up, six hundred and eighty nine percent in the
12:11
last five years. Anyways, anyways, I think that
12:15
this is complete nonsense and ridiculous and also it's
12:19
hilarious, right? Like this is how, you know,
12:21
Bitcoin is actually not dead because we are sitting here at
12:24
20K, these no coiners are crying at wanting it to die, even
12:29
further. Now, this I thought was totally
12:32
hilarious. This is a tweet from Odell.
12:34
It's a nice clip from some corporate owned media from CNBC.
12:38
It's actually, it's Jim Cramer being interviewed by a I think
12:42
it's I think his name is Brian, my new season.
12:46
Pretty, he likes to talk about crypto a lot.
12:48
I know that's. I just totally forgot what his
12:50
last name is. Anyways, great tweet from Odell
12:53
and I think he's got a very good point.
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We still got our Edge fam. Stay humble stack SATs.
12:59
Let's watch this. You've gotten pretty - on
13:01
bitcoin so the market can can bounce, but Bitcoin goes to 0,
13:06
or did you hear Tim or well, he's pretty smart.
13:10
You think Bitcoin bounces from here?
13:11
Or is it over? Yeah, I think We'll look I think
13:13
the people were involved with Bitcoin have to take another
13:15
stand you know like I like novogratz he was out there
13:18
yesterday David we need we need some guys to just say look this
13:22
is the level that's typical of what happens when you're when
13:25
it's about to really drop. Big hide.
13:28
So they just come on air and they say listen I'ma pyre you
13:31
get it sailor the other day. I mean I mean Hello if they
13:37
change the margin rates on crypto, he'd be out in a second.
13:40
So I do think that they have to make a stand.
13:42
So can can't let it go down anymore, whoever the day is they
13:45
got it just thinking I don't want you say it goes down,
13:49
another 50% or another 100 percent.
13:53
I think it goes to 12,000 well where it was in before this
13:57
whole Fiasco begin still alot tho for something that we don't
14:01
really know what the heck it is. Well it really isn't anything,
14:05
right? I mean, maybe it's like amazing,
14:08
like a champ distributed, let it sit like a distributed Ledger
14:11
there, you can make it. One more time.
14:16
Okay, pretty nice. Okay.
14:18
Okay, so hold on, before we dive into the, the main part of the
14:23
fail. I just want to point out a
14:24
couple of things at want to point out that for some reason,
14:30
Jim Cramer seems to think that there's a CEO of Bitcoin,
14:32
there's there's like a group of people that you can petition,
14:36
that are going to fix the, the Bitcoin price, or fix the
14:40
Bitcoin narrative. So I think that that's
14:42
absolutely lutely hilarious. And the second part to it is is
14:46
that they have no idea what it is.
14:49
Okay? So they've not like he has no
14:51
idea what it is and he thinks there's a CEO or there's some
14:54
kind of a board of directors or they there's the they that you
14:58
can talk to. So this is absolutely hilarious.
15:02
Nico. What are your thoughts?
15:03
My I think we hit bottom II was like I was skeptical before but
15:07
like I after seeing that video we have for sure.
15:11
Hit bottom. The reason I say that That is
15:13
because the exact opposite of what Jim Cramer says is.
15:16
Usually what comes true? So that's my take.
15:21
And again, we don't speculate on this channel etc, etc, etc.
15:25
That is adding comedic effect anyways, Optimist.
15:28
What are your thoughts on this? Well, can someone please call
15:32
Bitcoin? See, and tell him to call him
15:35
proud. This is ridiculous.
15:38
We need someone to start pumping this price, but I was going to
15:41
say the exact same. Same thing as Nico.
15:44
It's Kramer guys, he's the best counter indicator.
15:47
I mean Hello. So of course maybe this is
15:51
bottom, who knows? But man it's a the APA or did
15:55
the opposite of what Kramer says in you're going to be winning.
15:58
So, next question, Kramer is the counter signal.
16:02
Okay. All right, we get it.
16:05
And I agree. We grad, we get it, and I agree.
16:08
Okay, so let's dive into it because, you know what?
16:10
We had the no coiners this weekend.
16:12
But something I've noticed that's been happening every
16:14
weekend is that there's there's usually a shit coin that falls
16:18
apart. We are so fucking early.
16:20
I'm sorry, can't get over that fucking oh, yeah, yeah,
16:22
solutely. Yes, CEO Nico.
16:27
Optimus, we was like those those Bitcoin guys.
16:30
Like it's like, dude, like what are you talking about?
16:32
So called say, repeated Ledger. You know you got these guys.
16:40
You know, we've got novogratz, we've got sailor, how?
16:42
Come? They're not fixing this.
16:44
We will get him on the phone Nico.
16:46
I can't believe that's what it's just did.
16:48
They just they just, there's just so a cut.
16:50
They fit in the Fiat Matrix for so long.
16:52
That's that's what you get. You get those creatures.
16:54
Those dinosaurs anyways. Phil I'm sorry.
16:58
None of you contain myself, dude.
16:59
That, that was a lot. It's a lot to take in.
17:02
Look, it was a heavy video that I had to wait for.
17:04
I was gonna I was gonna do it sooner but Like this requires
17:08
the weekend recap because we need to be in the right State of
17:11
Mind. For that video and for Kramer
17:13
stupidity, okay, anyways, I digress, we move forward.
17:17
So every weekend, we seem to have some shit coin that falls
17:20
apart, or in some cases, it's the same shit coin, that falls
17:23
apart multiple times. So, this weekend, as you could
17:26
imagine, we are going to dive into Solana.
17:29
But you know what, take a little bit of a different angle on this
17:32
because I really have never actually taken the time.
17:36
Time to figure out what Solana does really, don't know what it
17:40
does. I don't think it really does
17:42
anything, you know, if that I've heard some shit coiners dub, it
17:44
as the etherium killer. But then I wonder what's it
17:46
killing. If aetherium is non-existent.
17:49
It's like vaporware, killing vaporware.
17:51
All right, so let's dive in. I found this really ridiculous
17:54
article called. How does Solana work is Solana
17:57
better than Bitcoin? That's right.
18:01
So here we go. It's designed to be the found.
18:04
It's okay. Yeah, we're serious serious.
18:08
So highly accredited. Highly accredited.
18:12
Major creds right here. Okay.
18:14
It's designed to be the foundation for decentralized
18:18
applications. I like that.
18:19
So on has unique architecture allows it to scale horizontally?
18:23
Okay. So for the people don't
18:24
understand it scales to the side, not up or down.
18:28
Anyways, provides a high. Lee available service with a
18:31
single point of failure, single point of Truth, in the form of a
18:36
blockchain state. All right?
18:38
So it's decentralized. It has a single point of fit a
18:40
truth, okay. The concept of Solana is to
18:43
create a decentralized network where applications can run on a
18:48
high-throughput low-latency platform.
18:51
You getting all this Optimus Nico, mmm sounds compelling.
18:55
You want to store your funds here, I get it.
18:57
The most important thing about Solana is its T to scale up
19:00
without compromising on security, or performance.
19:04
So, it's decentralized. It's secure it performs.
19:07
Well, we've got the trifecta guys.
19:09
Here we go. The typical productivity gain
19:12
for an organization. Using Salon has around 30
19:15
percent in the first year. Good number with a high chance
19:18
of reaching 50% or more in the second year.
19:22
Solana is an AI writing assistant, that can help content
19:27
writers generate content. At scale.
19:31
What does this mean to you? Anyways?
19:39
Okay, so we've got great numbers.
19:42
Secure productivity, wonderful. Fantastic.
19:45
Okay. So Corey hits the nail on the
19:47
head. It's a dino.
19:49
It's decentralized in name. Only, why am I saying this
19:55
people? Why am I saying this?
19:57
Because this weekend, Watcher dot Guru posted It Solana base
20:01
protocol so lend has voted to temporarily control the largest
20:06
whales account to mitigate liquidation risks that's right.
20:11
Central point of failure. What's up Nico?
20:15
I feel like you wanted to say something right?
20:17
I'm containing myself. Okay.
20:18
Okay. Okay okay.
20:20
Let's go back to Cory's tweet here because he's retweeting
20:23
Alex Thorn. Alex Dorne is explaining the
20:25
following. Basically, there's a levered Sol
20:29
In a defy lending platform that is dangerously close to
20:33
liquidation. If liquidated, it'll nuke the
20:37
Sol price. The defy platforms Deo voted to
20:40
seize the funds and liquidate OTC funny.
20:43
Part is approximately a million dollars of governance tokens
20:47
voted to seize 270 million dollars worth of Sol.
20:54
That's right. More or less approximately 1
20:59
million dollars worth of governance.
21:02
Tokens seized control of 270 million dollars, worth of SOL,
21:09
SOL. SOL also stands for shit out of
21:10
luck. It's interesting that that's
21:12
their ticker symbol because indeed the Sol holders are shit
21:16
out of luck. This should tell you why you do
21:20
not want to be sticking your value in this type of coin.
21:26
Okay, and here's another tweet just to help illustrate the
21:29
problem that happened, right? The same liquidation problem.
21:33
This is from at dagenham underscore Pi.
21:36
So he's also explaining that Sol is about to get liquidated and
21:40
that a whale had to deposit 5.7 million Sol, which is 170
21:45
million, and borrowed, 108 million USD.
21:49
See and USD T borrowed to prevent this and they're
21:53
proposing to literally The users funds to execute the OTC trade.
21:59
So that's right. They're going to seize all the
22:02
funds that are required in order to stop this liquidation event
22:06
from happening. The people who hold the
22:08
governance tokens, this is completely insane and scary and
22:12
of course you have to leave it up to the bitcoiners to just
22:16
really make this into something, absolutely hilarious at grubels
22:20
tweeted, Ste Lana and then georgg retweeted stolen.
22:25
Anna. The stealing is already in the
22:27
past and then this is actually my favorite tweet of all because
22:32
it really does describe the problem.
22:34
Intimately, Step 1 meet in this court, step to the side who to
22:37
steal from step three. We don't know and step for
22:41
profit. Okay.
22:43
So could you go back to yes? Shot of the official
22:46
announcement and just oh, yeah, absolutely.
22:48
It's the justification of the theft like just like look, it's
22:52
giving you options. You want to read it or do you
22:55
want to run it all? Read it over if you want.
22:56
So, here we go. Okay, it's the grant to Grant,
22:59
emergency power to soul and labs to temporarily, take over the
23:02
whales account. So the liquidation can be
23:04
executed OTC and avoid pushing Solana to its limits.
23:09
This would be done via a smart contract.
23:12
Upgrade emergency Powers will be revoked once the whales account
23:17
reaches a safe level. You'll notice they're not
23:20
telling you what the safe level is.
23:21
So, here we go. The vote vote.
23:23
Yes, enact special margin. Fireman's for large whales that
23:27
represent over 20% of borrows and Grant emergency power to
23:30
sell and labs to temporarily take over the whales account.
23:34
So the liquidation can be executed OTC or you can vote.
23:39
No, do nothing? Oh my gosh.
23:43
This is really, really cringe. I had to retweet this today and
23:48
I said it's that moment when you realize that you are the exit
23:51
liquidity. I mean look you know we we
23:55
obviously We kid the shit coins, right?
23:58
But at the end of the day, there's a reason why we
24:01
continually kid them. And there's a reason why we
24:03
continually bring these cases to your attention over and over
24:07
again, like we're not kidding because you got to realize once
24:11
this money is gone, it's gone. And the problem is is that
24:16
you're once again, putting your you're putting your trust, your
24:21
time, your value into someone else's hands, that really
24:24
doesn't give a shit. Shit.
24:26
So, we are here to tell you, if you are going to move your money
24:31
to what you believe to be something decentralized for what
24:33
you believe something to be unsensible, or that can't be
24:38
confiscated from the government than we are here to tell you,
24:40
the only option that you truly have is Bitcoin.
24:44
So, and we're going to keep pulling these shit coin stories
24:47
out. One after another to prove it to
24:49
you, anyways, Nico, yeah, dude, we were freaking right.
24:52
We were spot on the writing was on the wall.
24:55
All when they they froze the chain a couple, a couple months
24:59
ago we call do. We told you guys, this is seems
25:03
this is not decentralized. Look, if you want to separate
25:07
money from state if you want Humanity to take the next step,
25:10
right? Private property for all you
25:12
need to take the ability of the mob, also known as Government,
25:17
their ability to democratically, right?
25:20
Steal other people's money with a majority vote.
25:23
Okay. Bitcoin is Rules without rulers
25:28
Perry, it does it matter if the all the Bitcoin Community comes
25:32
together said, I want to take Bitcoin away from that address,
25:36
give it to everybody else. Well, 3 distribute, whatever you
25:39
want to call it. No, it's a hard.
25:41
No. Right.
25:43
And what are the benefits of that?
25:44
No censorship. Censorship resistant better set,
25:47
right? The the, the lack of the
25:50
government to enforce inflation in order to pay for their own
25:53
bills, right? They could do this right?
25:58
They could freeze anybody's account they could just take the
26:00
wealth. Okay it's decentralization.
26:03
As long as things are going good but as soon as shit hits the
26:06
fan, have you ever heard that temporarily enact emergency
26:11
measures? How many times have you heard
26:14
that? Remember when it Richard Nixon
26:17
said in 1971, we're going to temporarily stop or stop.
26:22
The convertibility of go. It's always temporary.
26:25
But it never is free contemporary.
26:28
It's a shit coin. It's worse than a shit coin.
26:32
It's a central Iowa but they're all centralized.
26:34
And look, I'm telling you that when the theory of moves, the
26:37
proof of stake Same goddamn shits gonna happen, okay.
26:41
They're just going to come up with an excuse listen, if it's
26:44
not too centralized from day one the incentives to decentralize
26:50
it in the future every day that it's not decentralized, right?
26:55
The incenses just grow stronger and stronger for the party or
26:58
the elite or the shit coin. Devs that control that chick
27:01
coin not to make it too centralized but they're sure
27:03
going to Market to you is decentralized.
27:06
This is this is this This is a clown show, you can't separate
27:11
money from state with us. If you think some devs because
27:14
they're hurt financially can co-opt it this easily by voting
27:18
by mass majority government is going to be able to do it in the
27:22
future also. Oh man, this is the opposite of
27:26
rules without rulers, bro. This is this is a clusterfuck.
27:30
And you know what? Phil we've been calling this for
27:33
a very very long time to toot. Our own horn before before Good
27:38
optimistic. I just want to add.
27:40
I just want to add to what you're saying.
27:42
Beacon chain will be eats rug pull.
27:46
People think that it's the ship coin casino.
27:48
That's the rug pull. But I'm telling you Beacon chain
27:51
has thirty three billion dollars locked into it.
27:53
That's going to be their quote unquote move to proof of stake.
27:56
When that happens that's going to be the rug pull 444 eith.
27:59
Anyways, dude, it looked we need to learn as a species, right
28:05
centralization, right? This what banking is, that's
28:07
what's up. Well banking is rights, is giant
28:09
centralization Central planning what you're seeing from the
28:13
Solana. Guys is a form of central
28:15
planning. Let me steal from the haves to
28:18
give to the Have Nots. And this goes back to something
28:21
that I've been saying for so long film.
28:24
That the shit coiners remind me of collectivists,
28:27
collectivization is death individualities, the future,
28:31
individualism is the future and only Bitcoin is going to enable
28:35
that the shit koiner the shit coins.
28:38
This false sense of Illusion that it has the centralization.
28:42
But when push comes to shove, right?
28:44
Whether it's vitalik, stop the trading, stop the trading, their
28:48
real cards, get revealed every single time it's soon as shit
28:52
hits the fan. Boom with Bitcoin.
28:55
Who you gonna call seriously? Who you gonna call?
28:58
There is no one to call and that is a feature and not a bug.
29:03
Wow, dude, wow. Wow.
29:06
Anyways, Opti, what are your Thoughts on this brother man the
29:11
shit coin. Grift it really gets your blood
29:14
going boiling. When you see things like this,
29:16
like it's really amazing that people still fall for this and I
29:21
really love the Flaming framing that Cory's did the dino dino
29:25
fi? That's hilarious decentralized
29:26
in name, only. I think we've been saying that
29:29
for, for a few weeks now about how you can put decentralised in
29:32
front of anything and people are going to like consider it
29:35
decentralized. But man, this Crazy that they're
29:39
voting for wealth theft on the blockchain.
29:42
They're voting for bailout on the blockchain.
29:44
Socialism on the blockchain save us.
29:46
It is the same as the Us today it, nothing changed, dude.
29:51
But you don't think Central Banking is the same as the
29:53
bailout. It's the same goddamn thing.
29:55
It's the same thing. Exactly.
29:57
The same thing on the blockchain much Innovation on the
30:00
blockchain though. So it's the central.
30:02
I like, it's so ridiculous. One point I want to add, though,
30:06
I saw in a Twitter thread that apparently one of there was like
30:11
a million something votes for some for this to happen and a
30:16
million-plus of those votes came from one entity.
30:18
So back to what we're saying about proof of stake and shit,
30:22
coronary about this is where the real true centralization happens
30:27
that this is why those whales are able to control this network
30:30
is because of situations exactly like this.
30:33
So it's so it sounds to me like it's one whale that didn't want
30:36
another whale. It's like there's two whales
30:39
battling it. The Peasant are the kind of
30:43
Gillis, dude, it's so much you want to bet one of those?
30:47
Whales is a 16z sorry. No, you're absolutely right
30:51
dude, it's so freaking stupid, man.
30:53
Democratic money sucks. Okay, it's terrible.
30:57
We need, we need rules without rulers, which is only Bitcoin
31:00
can provide because it's the only truly decentralized
31:03
cryptocurrency. Therefore, it's the only
31:05
technology only tool we have to separate money from state if you
31:10
could vote. A government could capture it
31:13
and that's a big No-No. Anyways, Phil it's time for the
31:16
daily meme review brought to you, by Citadel 21, it's the
31:20
best Bitcoin cult Rosine. It's stories articles Comics by
31:24
actual bitcoiners is our every art where every volume has
31:27
different artwork, does. The artwork for volume, 10,
31:30
volume to Volume 11 and they're scarce is only 1,000, physical
31:34
copies made per volume. So get your prints of Citadel 21
31:37
today before they run out. All right, everybody first meme
31:40
is brought To Us by I sigh and he is replying to a comment by
31:44
our own coin Icarus. Also known as Phil also known as
31:49
copper Nixon summer, some really salty note coiners out this
31:53
weekend. Bitcoin.
31:54
Not dead. Think about Tony's, common in
31:56
the beginning, bro. How the F do Bitcoins, where
32:01
you've been this is? Do you want to know what Tony if
32:04
you want to know what Tony looks like?
32:05
When he wrote that comment? There you go.
32:08
Alright, anyways, here is Bitcoin meme hub, Yes.
32:12
I told you to cash out at 69k. Yes.
32:14
So what are we going to do now stack more?
32:18
They don't understand. We won't go back to slavery
32:21
money. Here's Roth - if I had a dollar
32:23
for every time collectivism worked, I would have zero
32:27
dollars who incidentally if it did work, I would also have zero
32:32
dollars. I gotta, I gotta keep getting
32:35
into the habit of saying that because collectivism is behind
32:40
all these terrible. Ologies whether it's communism,
32:43
socialism fascism. It's all the same thing.
32:45
It's all collectivism, right? So individualism, good
32:49
collectivism bad. I gotta get a starting to start
32:52
to get into the habit of that. Anyways, next one by thinking
32:56
about Bitcoin when you're looking at Price charts too long
32:58
instead of focusing on constant consistent, stacking overtime.
33:02
Do check out those mountains. Ha ha ha.
33:08
Oh man. Okay next one.
33:09
Bye. Run the banks.
33:10
You panic sell I panic stack. We are not the same.
33:13
Absolutely true. This would bitcoiners do.
33:15
This is what Jim Cramer, doesn't understand else next 1 by LC
33:18
hottel not. I'll see how little did you
33:20
know, in order to play the role of an insane and mentally
33:23
depressed? Person, the movie Joker, Jack,
33:25
Queen, Phoenix, leverage traded Bitcoin.
33:30
All right. Next one bike, or DeLorean it
33:32
debating, whether an idiot is a waste of time.
33:35
They'll have fun. Being poor, no matter what you
33:37
say me. Inflation, is it?
33:38
Caused by money. Printing Mew.
33:40
It's so true. Like at this point and we're at
33:43
this year and you're still saying that like you deserve,
33:46
you deserve to hold all the Fiat in the world forever and see how
33:50
you feel about it. Anyways, for those awesome
33:54
memes, I'm going to give it a lemon but not only is it a
33:57
lemon? It's a lemon that's cut in half.
33:59
So it's a half lemon. Wow, we will.
34:04
Anyways Phil what would you get? Those memes?
34:07
Your score is going to go perfect with my score because
34:10
mine is a half-finished said Visa service are supposed to
34:15
finish. Three quarters finished Bill's
34:17
been in a week in Florida. And one show.
34:20
He shows up drunk and another show.
34:22
He shows up sunburn, welcome to Florida, Phil flows in the
34:26
process of becoming a Florida man.
34:28
Anyways Opti, what would you give those awesome me?
34:33
All right, so good memes. Guys.
34:35
And I finally got my represent package in and part of that
34:39
package was this epic sticker? Let's see if you can see this
34:46
very kind of get it. You kind of got it.
34:48
You kind of got it. Very nice, very nice.
34:50
Anyways, guys, we want to know if you agree with our scores,
34:52
you disagree. Let us know down in the comment
34:55
section. Kamek, kamek, kamek comment.
34:57
Make sure to join our awesome telegram group.
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35:54
Alright, everybody. So, I was actually going to make
35:58
a separate video on this and what I'm talking Talking about
36:02
is Ray dalio came out with a came out with his.
36:07
It's a book, really. And he actually came out with a
36:10
video called Ray dalio changing World Order and the video has
36:14
over 15 million views. And the argument that Ray dalio
36:17
is making is that that like life Empires go through Cycles,
36:23
right? So we all know before the
36:25
American Empire, really Rose to prominence after the victory in
36:29
World War Two. It was It was Great Britain,
36:33
right? And then before that it was
36:34
another people. And then before, that is another
36:36
people I would like to make the argument that if fiat currency
36:42
were to continue. I think Ray dalio spot on right?
36:46
I think that the u.s. is clearly on the decline.
36:50
You see that with the moral decay of society, you see that
36:53
with the corruption, you see that with the wealth inequality
36:57
and then trying to would take its place.
36:58
We're trying to as the rising World Order and that's actually
37:01
the case that Ray dalio makes in his book and his video.
37:05
I really recommend that video. It's fascinating.
37:07
Very good production animation. All that stuff.
37:10
Anyways let me read some of this article that does a brief
37:13
synopsis of of all this. Anyways, check it out.
37:17
It says just as there's a human life cycle that typically lasts
37:19
about 80 years, give or take and no two are exactly the same.
37:23
But most are similar, there's an eggless a naturalist Empires
37:27
life cycle that has its own typical patterns.
37:32
Then here, he has a picture of it in the beginning of the
37:35
cycle, the New World Order, peace, prosperity, productive
37:38
debt, At growth debt bubble and big wealth Gap and then it
37:42
reaches the Pinnacle, and then it starts going down, debt
37:45
burst. And economic downturn, sounds
37:47
familiar, printing money and credit Revolution Wars, debt,
37:51
and political restructuring, New World Order, and this makes
37:55
sense, guys. Think about what has happened in
37:57
the last five years, right? We had the rise of populism.
38:01
We have candidates like Bernie Sanders.
38:02
You have candidates like Donald Trump, right?
38:06
You had the 2008 financial crisis now, think of Out Peak
38:09
America, the 1950s, right? And this really starts to make
38:13
sense, peace, prosperity and productive debt growth, right?
38:17
And then in breathe, after the creation of a new set of rules
38:19
established new world order, this typically follows a war.
38:22
By the way, there's typically a peaceful and prosperous period
38:26
right after World War Two in the United States, as people get
38:29
used to this day, increasingly bet on this prosperity to
38:32
continue and they increasingly borrow money to do that, which
38:35
eventually leads to a bubble as a Prosperity, increases the
38:38
wealth. Crap grows eventually the debt
38:41
Bubble Burst which leads to the printing of money and credit and
38:44
increase internal conflicts, which leads to some sort of
38:46
wealth redistribution Revolution, that could be
38:49
peaceful or violent. That is what has happened.
38:52
Repeatedly happened through time the line in the chart.
38:56
Signify, the relative power of The 11 most powerful Empires
38:59
over the last 500 years in the chart below, you can see where
39:03
the US and China are currently in their Cycles.
39:05
As you can see, the United States is now the most powerful
39:08
Empire, bye-bye. Not much.
39:10
It isn't relative decline. Chinese Powers rapidly rising
39:13
and no other powers. Come close.
39:16
And here's a simplified version of the chart, right?
39:18
This includes all the previous old Empires and stuff.
39:22
Here's a more simplified version where he takes out all the junk,
39:24
but the most aesthetically pleasing version, that
39:27
obviously, simplifies the hell out of it.
39:29
Is this chart it goes by how many years, right?
39:33
And here are years, the Netherlands here is Great.
39:37
Britain. Here's the US.
39:39
And then the rising power of China.
39:41
Now I mentioned I was going to make a video of this earlier and
39:45
actually prepared a thumbnail that I got a fellow pleb to
39:50
prepare for us Rusty which I'll pull up for you guys so you guys
39:55
to see what I'm talking about. But I actually ran into a video
40:00
of brine Armstrong and making the exact same point that I was
40:04
going to make in this video and actually wanted to play it for
40:07
you guys. And then we'll talk about A
40:09
little bit anyway, so check it out.
40:12
Every fiat currency historically, starts off
40:16
connected to some kind of hard commodity like like bored or
40:20
something. But every single one of these
40:22
Fiat currencies in history, I think there's been thousands of
40:24
them. They eventually, you know, break
40:27
the peg with the the hard commodity underneath, and then
40:30
they eventually inflate it away. And then there becomes a new
40:33
world order and it seems to be this Unchangeable law or
40:37
something like that because basically the political
40:40
consequences of having a sturdy are too high, nobody wants to do
40:45
it. And so the ski and thing to do
40:47
is always basically, to print and so.
40:50
But I think there could be scenarios where this doesn't
40:53
happen. Maybe the u.s. gets like a
40:56
really new compelling leader in office.
40:59
Some kind of turn around with like science and technology and
41:02
education that actually leads to a new wave of innovation.
41:05
But We it doesn't seem to be super confident in a variety of
41:09
areas as right. And so I look I hate to
41:12
criticize without providing Solutions so I don't mean that
41:16
is like a - tap on any particular person or group or
41:18
whatever. I always want to be part of the
41:20
solution. I put my bike overall pieces I
41:22
think is that crypto represents a really compelling alternative
41:27
for the west and Western values to basically Embrace
41:30
decentralisation as the New World Order because otherwise
41:35
the, the Chinese you One may become the new Reserve currency
41:37
of the world. And if I think trying to do many
41:40
good things but they're also not aligned with our values when I
41:43
say our, I mean, like u.s. Western liberal values and so it
41:47
may be actually beneficial to have a decentralized West to
41:51
compete with a centralized East and that could be the new world
41:54
order. It could be called a US World
41:55
Order but it's really going to be more of a crypto as a trans
41:59
National Reserve currency corner.
42:03
So look, every when I I was Already coming to these
42:07
conclusions on my own and then, when I heard the CEO of
42:11
coinbase, come to the same conclusion that, you know, I
42:15
think that Ray dalio spot-on in his observation in terms of yes
42:20
I think that there were in the middle of a changing world world
42:23
order where I think he gets it wrong.
42:25
As he doesn't understand that because of because of
42:29
Technology, right, I think that technology is outpacing these
42:36
old archaic institutions and it's giving the individual
42:40
access to Freedom the likes of which we've never seen before
42:45
the book of sovereign individual touches on this a lot, right?
42:49
So I think that in the future, it's not so much the centralized
42:55
power who has the most centralized power.
42:57
Because if that was the case, I think China is going to out past
43:02
the United States, it's more. It's a decentralized.
43:06
Swirled, right? The balance of power which is
43:08
something that I've said, many times on this show, violence
43:12
doesn't give the same return in a decentralized world.
43:15
The way it used to, right before it was, who had the most amount
43:18
of guns, right? That kind of goes away when an
43:22
individual could store millions billions if not trillions of
43:27
dollars in their mind. So, I think Ray dalio is wrong.
43:32
I think he's spot on if we stayed in the Fiat system.
43:36
Item. But I think that in a Bitcoin
43:39
world, I don't think that theory applies.
43:42
And if you still look and connect the dots, right, why do
43:47
you think trying to ban Bitcoin? Why, why is that?
43:52
Why did they ban Bitcoin mining? Why did they pass a law that
43:56
says, if you get caught with Bitcoin or transacting a
43:59
Bitcoin, you get 10 years in prison and you got a 250
44:02
thousand dollar, fine, that's fear, they're doing.
44:06
Out of fear. And the incentive is so great,
44:10
that it's estimated that between 10 to 15 percent of the hash
44:12
rate is still in China. So again I think that the old
44:17
model of the nation-state and it was the nation state that issued
44:21
the currency. I think it's dying and I think
44:25
that we're seeing that I seen, we're seeing the crook, the
44:27
cracks of the nation state model.
44:29
Look at there, they'll get their response.
44:32
To the pandemic. And it, it only it not, it's not
44:37
only money, that's the centralizing.
44:39
It's also information. Look at how the Legacy Media is
44:43
vying to try to keep everyone's attention by dividing everyone
44:47
and selling people on propaganda.
44:49
And you have Joe Rogan a dude on his microphone, absolutely
44:52
crushing their numbers. The old model of centralized
44:58
information, gatekeeping information and centralized
45:00
money and gatekeeping money is dying instead and I don't think
45:05
that Ray dalio is model in this new world or like with Cory
45:09
likes to say this Brave. This bright orange future,
45:13
right? I don't think it applies.
45:15
And I think that if America wants to stay ahead of China, it
45:19
has to stop fighting Bitcoin, and embrace the centralization.
45:24
But If it Embraces the centralization, that means that
45:27
a lot of bureaucrats that are used to having this Godlike,
45:31
power are going to have to give it up, and they're going to have
45:35
to give it up to individuals, right?
45:37
So I think this is going to play out, whether the bureaucrats
45:41
fight it all, do the best that they could do is delay it, but I
45:44
think that this is an inevitability.
45:46
Because, like, I always say Bitcoins incentives, are
45:50
stronger than government, coercion.
45:52
And that's just a fact, right? And I think the Chinese Minor
45:55
mining is an example of that. So anyways, I thought that was
45:59
really interesting. I was going to do a whole video
46:01
on just that alone like a new series for simply Bitcoin.
46:05
But when I saw that Brian Armstrong video and he's
46:09
basically coming to the same exact conclusion that I did, I
46:13
thought I had to bring it to you guys immediately one correction
46:16
for Brian. Before I shut up it's not crypto
46:20
and the Solana example that Phil so beautifully covered In the
46:25
fail, is why it's not crypto. You can't have a centralized if
46:30
it's decentralized, cryptocurrency, that means it
46:32
could be co-opted by a nation. State could be co-opted by a
46:35
government. For this decentralized.
46:38
New world order model, it has to be rules without rulers which is
46:43
why Jack dorsey's building web 5 bait on top of Bitcoin and not
46:48
these VC controlled shit coins, right?
46:51
It has to be decentralised which is why we were Bitcoin.
46:54
Channel right? Which I know a lot more will
46:57
appreciate during the bear Market because this is when all
47:01
the chickens get crushed. Anyways, Phil I know that was a
47:06
lot to put together, but I've been thinking about this a lot.
47:09
So I know it wasn't that disorganized no dude, that was
47:13
that. That was amazing.
47:14
I mean, look. So first off, I'm really
47:17
surprised that Brian Armstrong has, you know.
47:20
Sometimes he really does surprise me that.
47:22
He has great takes, but then he such a shit.
47:24
Joyner like I just don't get it. Like if he understands all of
47:28
this how does he sit there and push it coins?
47:33
We there's there's printers, I know, but that's the thing
47:36
right? There's plenty of there are
47:37
quite a few successful companies that do Bitcoin.
47:41
Only. Okay, so it's not that you can't
47:45
be successful and be Bitcoin only it's like he just rather I
47:49
guess it's more important to him to be everything to everyone.
47:51
But anyways look that aside I think At I think you hit the
47:56
nail on the head, right? The decentralized West versus
48:01
you know versus the East. That's actually the forward of
48:03
sovereign individual. What you just said it was your
48:06
teal and he says that it's going to be the it's going to be the
48:11
new Chinese collectivist model based on Central Bank, digital
48:14
currencies and the West. Right?
48:16
Based on individualism however and worried because some in the
48:20
west are trying to double down on the collectivist thing where
48:23
I think the West should play. On his shrinks.
48:25
And it shrinks is individualism. I'm sorry to interrupt you.
48:28
Phil, no, not at all. Not at all.
48:30
I, I appreciate that. And I mean, look, it's a good
48:33
addition to it. Because look, it's true.
48:35
They're your what you're saying is absolutely correct.
48:38
There are pockets of strange. I mean, I call them strange
48:42
because I just don't understand how these people can't see the
48:46
infiltration, right? Like I just don't get how you
48:49
how you can't see it. It's really in plain daylight.
48:53
And unfortunately, This is a kind of like a mini battle
48:57
that's going to play out before the real kind of battle that
49:01
plays out the other piece. The other piece to it is, is
49:05
this right, as you look at those Market Cycles, I was thinking to
49:09
myself, where are we right now? And I'll tell you this, we
49:16
didn't let you know. We've discussed this in the
49:18
past, in 2008, we didn't let those companies fail, right?
49:22
I don't know if anybody remembers the too big to fail.
49:24
Fail narrative, you know, when these companies say they were
49:28
too big to fail, you can't let them fail.
49:29
They got to be bailed out. So these companies, right?
49:33
They were essentially bailed out from fellow dinosaur companies.
49:36
That also should have failed. Really the way you have to think
49:39
of it is that some people were told, okay, listen, you're going
49:42
to be part of the people that fail and you're going to be part
49:45
of the people that succeed. And the reason why this happens
49:47
is because of the money printer and the kantian effect.
49:51
So my point is is that I, although Seem to be in the money
49:57
Printing and credit phase of this whole thing.
50:00
I actually think that we're starting already the Revolution
50:04
War Phase. I actually think that that's
50:07
already started to play out and the reason why it's not so
50:11
apparent is because we haven't let the previous Cycles, the
50:16
bubbles burst, they haven't burst properly and as a result,
50:21
what we have right now is an illusion Yeah, and that's why
50:26
we're not really seeing it, but make no mistake.
50:28
I think that we are in the beginnings of Revolution and
50:31
War, whatever form that takes, you know, whether it's kinetic,
50:34
whether it's informationally. So on, so, anyways, just just
50:39
some thoughts on that and you're, you definitely see that
50:42
in the west, right? The the I've never seen Society
50:48
in in the United States. This polarized.
50:50
Right? So you really start to connect
50:52
the dots with what Ray dalio is saying.
50:55
Right? And then you see that with the
50:56
rise in popularity of populist politicians, right?
50:59
Bernie Sanders Donald Trump. So yeah, I agree, I agree.
51:04
I think that this is this is I think it's history playing
51:08
itself out, but I think with Bitcoin it really gives us a
51:12
chance to finally break that cycle, that cycle of Boom, bust
51:17
boom-bust boom, bust but it plays out over such long time
51:22
scales that from a human perspective.
51:24
If you really can't see it, unless you really zoom out.
51:29
So anyways, Opti, what are your thoughts on this?
51:32
My friend? Well, what Phil said, just just
51:36
kind of got a heavy heavy air in the room about us being in the
51:40
beginning of the revolution in war but all these Bitcoins the
51:43
peaceful Revolution your people and but just to add on I don't
51:47
think it's a stretch at all. I think anyone that is actually
51:50
paying attention understands that this cycle is happening of
51:53
the dollar. Empire in Decline at least on
51:58
the world stage. There is a lot of mistrust going
52:01
on in the financial world, if you're paying attention.
52:03
But just to just to put my 10 foil hat on.
52:07
I know the conspiracy theories are going to have a blast with
52:11
this wording about the decentralized new world order
52:15
coming from, Brian Armstrong's mouth.
52:17
And in my opinion it sounded like he was endorsing China, a
52:20
little bit. But hey, I'm not here to talk
52:23
about all the conspiracy theories.
52:24
Is, I do believe that you guys have a point in saying, I think
52:28
we all know that something is coming up the pipeline and it's
52:32
going to knock the Bitcoin dollar Reserve status from the
52:37
championship and it's going to be Bitcoin.
52:43
Yeah, I know this yeah. Did this and what we've always
52:47
said, right? We've said this many times it's
52:50
Bitcoin or slavery slavery, Central Bank, digital currencies
52:54
the The China model or, or Bitcoin, which is freedom money,
52:59
so, hopefully not too many bureaucrats in the, well, I
53:02
mean, they're going to because power is intoxicating, but
53:07
hopefully, they don't make the transition to rough on the rest
53:10
of us like we're seeing in European countries and you're
53:14
seeing all these attacks on proof of work where they should
53:17
really be doubling down on that Innovation, because it's what
53:21
keeps Bitcoin uncorruptible anyways.
53:24
Phil. There was an open source
53:26
software release by Donato guys. Want to eat everybody software
53:30
releases, brought to you by Cipher safe, check them out.
53:33
Cipher safe dot IO. I've got no paper around.
53:37
You don't need any paper. What you need is to store your
53:39
seed in the Cipher wheel or the all new Cipher grid.
53:43
They both come with a tamper-resistant wire and the
53:46
grid comes with a punch tool. All right, we've got not all
53:49
version 0.1 0.3 Diaz in Delta that Has released its Down Below
53:56
in the show notes. That's right.
53:57
If you've got a novel, don't forget to upgrade your node.
54:00
And of course, for our Audio Only platforms, don't forget to
54:05
check us out on Apple podcast Spotify and anchor.
54:10
If you want to stream a SAS check us out on Fountain dot f.
54:14
M. We appreciate all the love
54:16
stream assets through Breeze. Awesome.
54:18
Thank you Phil. Our guys, I want to give a very
54:20
special shout out to fellow pleb.
54:23
He's gonna start writing during the Our Market go check out
54:26
pirate Beach Bums, bear Market Diaries, where he's gonna
54:30
interview, most toxic plebs and how they feel about the current
54:34
bear Market. Also want to give a very special
54:36
shout-out to our awesome clothing.
54:38
Sponsor represent LTD.com Optimus is wearing the hoodie.
54:44
Spill is wearing the hoodie, I'm wearing the hoodie, we're all
54:47
wearing the hoodies because they're super comfortable.
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You could take advantage of the promo code down below to get
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10%. % off represent LTD.com anyways, guys, before we go, I'm
55:00
going to give a special shout-out to her awesome guest
55:02
he co-hosts with us on Sunday which the episode comes out on
55:07
Monday, the legendary my live in truth, also known as Optimus
55:11
feels. Anyways guys, that was our show.
55:12
If you enjoyed the show you what to expect.
55:15
Of course, if you want to continue hearing a Bitcoin, use
55:18
from the Polly Platt for spective and the catastrophic
55:27
and we'll catch you in the next one guys.
55:29
Never forget, Bitcoin is dead at the previous Cycles,