Latest / Simply Bitcoin / Cathie Wood: Bitcoin is the Monetary System, $1.5m by 2030 | EP 868

Transcript

Cathie Wood: Bitcoin is the Monetary System, $1.5m by 2030 | EP 868 · Simply Bitcoin

• 0:08
  It's all. Going to zero against Bitcoin.
• 0:11
  It's going up forever, Warren. You're against Bitcoin.
• 0:21
  You're against freedom. Yeah.
• 0:28
  Welcome to another episode of Simply Bitcoin Live, your number
• 0:31
  one source for the peaceful Bitcoin revolution.
• 0:33
  We've covered breaking news culture O Matic Warfare.
• 0:34
  We will be your guide through the separation of money and
• 0:36
  state. We apologize guys, for the
• 0:38
  delay. It seems like our streaming
• 0:40
  software was giving, giving us a little bit of some issues.
• 0:45
  But we are back in business and today we're going to talk about
• 0:50
  Kathy Wood. She's getting olden, man.
• 0:54
  She's saying that Bitcoin is the monetary system.
• 0:58
  This is the same Kathy Wood that that her bullish predicted.
• 1:02
  Her bullish prediction is predicting a $1.5 million
• 1:06
  Bitcoin by the year 2030. So things are heating up.
• 1:10
  Again, if you just see this by itself, it's not that big of a
• 1:14
  deal. But if you connect the dots,
• 1:16
  which we always tell you guys to do, it is a massive deal.
• 1:20
  Because you have Larry Finks saying that Bitcoin is the
• 1:24
  flight to quality. Bitcoin is the asset to be in.
• 1:27
  You have Michael Saylor's Bitcoin strategy being
• 1:30
  vindicated on the public company level.
• 1:33
  Michael Saylor's Bitcoin investment is up right now.
• 1:37
  He looks like an absolute G His Bitcoin strategy is working.
• 1:41
  It's superior to any other strategy.
• 1:44
  By the time 2025 goes around and we reach the next cycle peak,
• 1:49
  it's going to be undeniable that the Bitcoin strategy, holding
• 1:53
  Bitcoin on your treasury, even if it's a small percentage, is a
• 1:57
  superior strategy than not holding Bitcoin.
• 2:01
  And then of course on the nation state level, of course you have
• 2:04
  the Chad, you have the you have Naimbu Kelly who's proving that
• 2:09
  you can have Bitcoin. A non sovereign currency that's
• 2:12
  decentralized is not controlled by anyone.
• 2:14
  There isn't an issuer can be a viable alternative to Fiat,
• 2:19
  right? So a lot of, a lot of good
• 2:21
  things are happening. At the same time, I feel
• 2:24
  extremely optimistic and very, very bullish for the next cycle.
• 2:28
  I think it's going to be absolutely bananas, bro.
• 2:32
  I mean, Opti that we cut it close, brother, that was we
• 2:36
  almost had to, we almost had to cut the cord on that, bro.
• 2:40
  I don't know what happened. Well, shout out the restream.
• 2:43
  They pulled out a miracle and here we are guys.
• 2:47
  We you, you, Nico and I just we're on the phone like, dog,
• 2:51
  what are we going to do? Do we need to make redundancies
• 2:55
  here so that we can continue to stream, But hey, restream
• 2:57
  figured it out. So shouts out to them.
• 3:00
  Apologies. Apologies for what, 10 minutes?
• 3:03
  You know what? Actually, Nico, we get we get
• 3:05
  shit for your oops, wait, whatever.
• 3:07
  We get Flack for starting a little late and and today wasn't
• 3:12
  our fault. And yet here we are.
• 3:15
  We started a little late and hey, you know, we the show must
• 3:18
  go on. The show must go on.
• 3:19
  So we made it. We made it.
• 3:20
  I'm excited for this one. But let let's get into it, Nico.
• 3:24
  Let's let's. What are you talking about
• 3:26
  during the culture? Oh, yeah.
• 3:27
  Oh, oh, yeah. Culture.
• 3:28
  All right, guys. So you gotta, you gotta, you
• 3:29
  know, we started late. That's fine, but it.
• 3:31
  Wasn't it? Wasn't our fault.
• 3:32
  You gotta. You gotta prep well, the
• 3:34
  culture. We're only three minutes into
• 3:36
  the show, Opti. The culture today is, uh, we're
• 3:41
  going to kind of, uh, show you how the sausage is made here on
• 3:45
  simply Bitcoin. What our goal is, We hear you
• 3:47
  guys in the chat. We heard you guys on Twitter
• 3:50
  saying, oh, I'm like click bait and.
• 3:52
  We're going to tell you guys very out front because
• 3:55
  apparently you guys don't understand what we're doing
• 3:57
  here. It's simply Bitcoin and we love
• 3:59
  you guys and we just want to show that, Look guys, there is a
• 4:03
  method to the madness and Nico's been saying this for a long time
• 4:07
  about simply Bitcoin, so we're going to just lay out our cards
• 4:10
  here and show you. I set it in front of a massive
• 4:13
  audit here in 2021. Yes, there's a.
• 4:17
  There's a method to the madness. So we wanna just show you guys
• 4:20
  that, like, we we aren't just doing this stuff for no reason.
• 4:25
  This is how you win on YouTube and our our goal is how you win
• 4:29
  at Narrative Trench Warfare. This is how you win it is it?
• 4:32
  Look, if your opponents are using these tactics and you're
• 4:35
  not, you know, you're you're gonna, you're gonna lose by
• 4:39
  default, right? So the key is to get people to
• 4:43
  click on the video, get people to watch the video, but after
• 4:47
  people have clicked, after people have watched, hang out
• 4:49
  with us, deliver value and we. Turn them.
• 4:52
  It's like it's like it's like I was just telling you before we
• 4:55
  were going on the show. It's like it's amazing.
• 4:58
  Our audience first and foremost, shout out to the chat.
• 5:00
  We love you guys. We we're astonished and humbled
• 5:03
  and honored that we have been able to create the community
• 5:07
  that we have on YouTube, and it's only growing.
• 5:10
  And I was just kind of kind of trolling Nico and like I think
• 5:13
  it's kind of a testament to what we do here where we can convert
• 5:17
  our trolls from just coming out here and trolling us to trolling
• 5:21
  with us. And I I think that's AW in the
• 5:23
  chat. So shouts out to you guys you
• 5:25
  know who you are. We we love you guys and we're
• 5:28
  we're going to just expose the method to the madness here today
• 5:31
  and and show you that it's working.
• 5:33
  So you know, I think moving into next year.
• 5:37
  It's only gonna grow and grow. And we're just, again, like I
• 5:41
  say all the time, humbled and honored that we can do this
• 5:43
  every day and that we can continue to do this.
• 5:46
  And there's a method to the madness guys.
• 5:48
  So I'm going to kind of show you behind the scenes and what our
• 5:53
  theories are and why we do what we do exactly, exactly.
• 5:57
  By the way guys, if you are enjoying the show, it really
• 5:59
  does help us If you smash that like button, really helps with
• 6:03
  the algo. So if you're enjoying the show,
• 6:05
  leave a comment in the chat, smash the like button.
• 6:09
  If you're watching us on Twitter, we appreciate you guys.
• 6:12
  Thank you so much. Leave a comment, leave a like.
• 6:14
  If you're watching us a rumble rumble, our growing Rumble
• 6:17
  audience, we're almost on 2000 followers on rumble.
• 6:21
  Shout out to all you guys. So seems like we're growing all
• 6:24
  the all the all the platforms on all the different, you know on
• 6:28
  all the different social media companies and all that stuff.
• 6:31
  So we are really appreciate all you guys would not be here
• 6:34
  without all of you and we love you and we appreciate you all.
• 6:38
  Anyways everybody no more delay, let's jump straight into the
• 6:41
  show. We have a lot to talk about
• 6:42
  today. Let's do it.
• 6:47
  The Bitcoin numbers. Is your Bitcoin and cold storage
• 6:51
  really secure? Is your seed phrase really
• 6:54
  secure? Stamp seeds?
• 6:56
  Do it yourself. Kit has everything you need to
• 6:58
  hammer your seed words into commercial grade titanium plates
• 7:03
  instead of just writing them on paper.
• 7:05
  Don't store your generational wealth on paper.
• 7:09
  Papers prone to water damage, fire damage.
• 7:12
  You want to put your generational wealth on one of
• 7:14
  the strongest metals on planet earth, Titanium.
• 7:17
  Your words are actually stamped into this metal plate with this
• 7:20
  hammer and these letter stamps. And once your words are in, they
• 7:24
  aren't going anywhere. No risk of the plate breaking
• 7:27
  apart and pieces falling everywhere.
• 7:29
  Titanium stamp seeds will survive nearly triple the heat
• 7:32
  produced by a house fire. They're also crush proof,
• 7:35
  waterproof, non corrosive, and time proof.
• 7:38
  All things that paper is not allowing you to huddle your
• 7:40
  Bitcoin with Peace of Mind for the long haul.
• 7:43
  Stamp your seed on stamp Seed. All right guys, I made it
• 7:48
  extremely easy for you guys. You could scan the QR code on
• 7:52
  your screen right now. It'll take you directly to the
• 7:54
  Stamp Seed website where you can get yourself a titanium seed
• 7:58
  phrase storage kit so that you could store your generational
• 8:01
  wealth on one of the strongest metals on planet Earth,
• 8:05
  Titanium, instead of storing it on paper.
• 8:07
  Don't do that so you don't have to explain to your grandchildren
• 8:10
  why you lost your generational wealth anyways.
• 8:13
  At the time of recording, the Bitcoin price is 36,430 stats
• 8:18
  per dollar 2745 block height 816,904 block blocks to having
• 8:27
  23,096 having estimate April 20th 2024 Total Lightning
• 8:33
  Network capacity 5297 Bitcoin capacity value 193,000,000 U.S.
• 8:42
  dollars Realize monetary inflation 1.74% The market
• 8:47
  capitalization of Bitcoin $712 billion with AB Bitcoin verse
• 8:54
  gold market cap 5.42% In the grand scheme of things, Bitcoin
• 9:00
  is still a tiny little baby. Once Bitcoin reaches the market
• 9:05
  cap of gold, that would give the price of Bitcoin 500 to $600,000
• 9:13
  per coin. Sorry, a little pause there
• 9:14
  while I was doing the math in my head.
• 9:16
  Math is hard. Math is hard.
• 9:19
  Anyways, guys, so I have a couple of videos for you guys.
• 9:21
  You guys know the deal before we reach Yeah, well before we play
• 9:25
  you guys, the Kathy Wood video. Here is another example of a
• 9:31
  politician saying quiet part out loud.
• 9:33
  But again, you have to connect the dots.
• 9:35
  What is the significance of this statement 'cause that's what you
• 9:38
  guys, that's what we guys do. We focus on basically providing
• 9:43
  you guys coverage and really identifying what is going on
• 9:48
  through this turbulent area of the separation of money and
• 9:52
  state. But it isn't only the separation
• 9:54
  of money and state, it's the disintermediation of information
• 9:57
  and the disintermediation of money.
• 10:00
  And this is all being caused and or this is all being enabled by
• 10:04
  the Internet and these methods of control, whether it was the
• 10:09
  money whether it was the information sources.
• 10:13
  They're they're they're slowly starting to be disintermediated.
• 10:17
  They're starting to be decentralized.
• 10:19
  So governments, politicians that had the ability to control the
• 10:23
  narrative. We have a great example like 2
• 10:25
  weeks ago when the Wall Street Journal released a hit piece
• 10:29
  basically claiming incorrectly claiming that Hamas was using
• 10:34
  Bitcoin and crypto to raise hundreds of millions of dollars.
• 10:37
  That was debunked. That turned out to be false,
• 10:39
  right? But the Treasury still used that
• 10:42
  article and Elizabeth Warren still used that article to write
• 10:44
  a letter to the White House to basically incept the idea that
• 10:48
  the terrorists are using Bitcoin to raise funds.
• 10:51
  When in reality, according to a post by Cynthia Lummus, 99% of
• 10:57
  illicit finance is coming from the traditional financial
• 11:00
  system. Right?
• 11:01
  But they imagine if social media didn't exist, that Wall Street
• 11:07
  Journal article wouldn't have even even been rebuked.
• 11:10
  They wouldn't have even offered a correction.
• 11:12
  It would have just stood there. And there's an example of this
• 11:15
  in history. Back in the early 2000s when the
• 11:19
  IT was the New York Times, they sold the American people that
• 11:23
  Iraq had weapons of mass destruction.
• 11:25
  It was later discovered that that was information fed to the
• 11:30
  Wall Street Journal. Sorry to the New York Times
• 11:33
  journalist, it came from the intelligence communities.
• 11:36
  But the damage was done. the United States invaded Iraq
• 11:39
  because Iraq had supposed weapons of mass destruction.
• 11:42
  Now that social media is a thing and everybody has a voice,
• 11:46
  everyone has the ability to create their own platform, the
• 11:51
  rise of citizen journalism, it becomes a pain in the ass for
• 11:56
  politicians that have not that have that been operating a world
• 12:01
  where they're not used to having their information or their
• 12:04
  talking points rebuked in real time.
• 12:07
  Look at what happened to that clip of Joe Biden saying I'm so
• 12:11
  frustrated because I'm tired of people saying that the
• 12:14
  government is responsible for inflation.
• 12:16
  Dylan Leclair posted it. I posted it.
• 12:18
  It went absolutely viral. And everyone who just saw that
• 12:23
  clip immediately knew that what Joe Biden was saying was
• 12:26
  bullshit. Now This is why I believe that
• 12:29
  you have, you know, members of the Uniparty as as TFTC, as TFTC
• 12:35
  is saying shout out Marty Bent basically saying the choir part
• 12:38
  out loud, What do they want to do?
• 12:39
  They want to censor the Internet.
• 12:41
  They want to KYC the Internet because they know if they KYC
• 12:44
  the Internet, a lot of people are going to self censor.
• 12:48
  Why are they going to self censor?
• 12:49
  Because they're going to be, they're going to be fearful of
• 12:52
  being other, of being cancelled, right?
• 12:55
  Of having their money frozen, right.
• 12:58
  So that's the world that we're heading into.
• 13:00
  We're heading into this world, this dystopian world where your
• 13:02
  digital ID is connected with your money.
• 13:04
  It's connected with your social media platform.
• 13:07
  That's the world that these politicians want you to be
• 13:09
  living in because they can control you in that world.
• 13:12
  But as long as there is anonymity online, as long as you
• 13:16
  can just create a, you know, an Oster account, you can create a
• 13:20
  Twitter account, you can have, you know, you can just download
• 13:23
  a Bitcoin wallet and you can send payments anywhere around
• 13:26
  the world instantaneously, then they can no longer control you.
• 13:29
  And because they no longer can control you, they have there.
• 13:33
  It's a forcing function for them to actually have to defend their
• 13:37
  ideas, debate their ideas. And when they debate their
• 13:41
  ideas, obviously their ideas are worse than ours, right?
• 13:46
  Freedom's going to win. Bitcoin's incentives are going
• 13:48
  to win. So it's a lot easier for them
• 13:50
  just to cancel it, for us, for them to ban it, for them to
• 13:53
  censor it instead. Right.
• 13:54
  So anyways, let me read you this TFTC post by Marty quote.
• 13:59
  Every person on social media should be verified by their name
• 14:02
  because of national security, right?
• 14:05
  And I actually did a little bit of a slap back this morning when
• 14:09
  I tweeted out all right because remember, the term national
• 14:12
  security is always used to pass like the most dystopian laws
• 14:17
  ever. Like the Patriot Act was passed
• 14:19
  because it was a matter of national security.
• 14:22
  I tweeted out this morning, I said the US government should be
• 14:25
  using their money printer to buy some Bitcoin before the dollar
• 14:28
  implodes. It's a matter of national
• 14:30
  security, right? You can use that phrase for
• 14:33
  everything because it's it's it's a very potent phrase,
• 14:37
  right? It's like yes, it should be
• 14:39
  verified because it's because it's national security.
• 14:43
  You know what I would say? I would say that Fiat money and
• 14:48
  and and politicians lying about certain things and their the
• 14:55
  ability for the government to debase everyone's hard work is a
• 14:59
  much bigger danger to national security.
• 15:03
  It's a threat to human security. It's a threat to human security.
• 15:06
  And you can even make the argument to human civilization
• 15:09
  because they use that money printer to fund endless wars
• 15:13
  than a bunch of and on trolls on Twitter making funny ass memes,
• 15:18
  right? Like, it's just so crazy.
• 15:20
  But again, once again, this is the iron law of central banker
• 15:23
  politician projection. They're projecting on to us what
• 15:27
  it is. They are guilty of themselves
• 15:29
  anyways. It goes on.
• 15:30
  Mask off. The unit party wants to control
• 15:32
  speech. On the Internet, the first step
• 15:35
  is forcing people to verify themselves on social media.
• 15:38
  They're losing control and clamping down.
• 15:40
  I can't emphasize that last part, right?
• 15:43
  They're losing control and clamping down.
• 15:45
  Remember when Christine Lagarde released her meme video of her
• 15:50
  in like this suit basically saying the Euro CBDC is coming,
• 15:54
  there's absolutely nothing you could do about it.
• 15:57
  And then she gets fact checked in the community notes section.
• 16:01
  They're absolutely losing control.
• 16:04
  They don't have their ability. They don't have the ability to
• 16:06
  control the narrative like they once had, and they hate it.
• 16:10
  They want to make it go away. That's why the Biden
• 16:12
  administration wanted to wanted to basically release or or
• 16:16
  introduce the Ministry of Truth here in the United States,
• 16:19
  right? Even though that's specifically
• 16:21
  against the 1st Amendment. Anyways, I'm going to stop
• 16:24
  rambling. Let's play the video by Nikki
• 16:25
  Haley, who is a presidential candidate for 2024, I might add.
• 16:29
  Let's hear what she has to say. When I get into office, the
• 16:32
  first thing we have to do social media accounts.
• 16:35
  Social media companies, they have to show America their
• 16:37
  algorithms. Let us see why they're pushing
• 16:39
  what they're pushing. The second thing is, every
• 16:42
  person on social media should be verified by their name.
• 16:46
  That's, first of all, it's a national security threat.
• 16:48
  When you do that, all of a sudden people have to stand by
• 16:51
  what they say and it gets rid of the Russian bots, the Iranian
• 16:55
  bots and the Chinese bots. And then you're going to get
• 16:57
  some civility when people know their name is next to what they
• 17:01
  say and they know their pastor and their family members going
• 17:04
  to see it. It's going to help our kids and
• 17:06
  it's going to help our country. When I I mean look if you use
• 17:09
  that same type of logic, right? Like one of the like, one of the
• 17:13
  most powerful things that Satoshi Kamoto did was remain
• 17:18
  anonymous. I don't think Bitcoin would be
• 17:21
  what Bitcoin is today without Satoshi Nakamoto being
• 17:24
  anonymous, right? There's a lot of things that
• 17:26
  can't be released or can't be talked about unless you're
• 17:30
  anonymous. Like, look at what happened with
• 17:32
  the whole Julian Assange debacle, right?
• 17:35
  Look at what happened with that. Anonymity on the Internet is
• 17:38
  important. Anonymity on the Internet is
• 17:41
  what allows you to speak up to tyrannical governments without
• 17:45
  the fear of prosecution. So this is an absolutely
• 17:49
  horrific idea. This is a terrible idea.
• 17:51
  I like the first part where she said open source stuff.
• 17:54
  I don't know if that's what she meant, but it's not.
• 17:56
  Not too bad, right? But the second part, right?
• 17:59
  The KYC everyone for social media platforms.
• 18:02
  Could you see the slippery slope there?
• 18:04
  It is so incredibly obvious. Anyways, Nikki Haley.
• 18:08
  Terrible idea. I'm a bigger fan of Vivek
• 18:11
  Ramaswamy and Ron DeSantis right now.
• 18:13
  Not not going to lie. RFK Junior, also big fan of
• 18:16
  those guys. I don't think they have a chance
• 18:18
  to win. But hey, look, it's a step in
• 18:20
  the right direction. Anyways, here's what we're going
• 18:22
  to talk about today. This in itself, if you just look
• 18:26
  at this contained by itself, I think it's a big it's.
• 18:29
  You could say it's noise, but remember the these words are
• 18:35
  very powerful. Here is Kathy Wood in the
• 18:40
  founder of Arc Invest, and she sang on Yahoo Finance, on legacy
• 18:45
  corporate media, on legacy finance corporate media.
• 18:48
  She's saying the choir part out loud.
• 18:50
  She's saying Bitcoin is the monetary system.
• 18:55
  And take a look at what her logic is for reasoning that
• 18:59
  monetary policy around the world is unhinged.
• 19:02
  It's not hinged to anything except human decision making,
• 19:05
  and this is going to put discipline rigor back into these
• 19:08
  particular products. You're talking, well, Bitcoin is
• 19:11
  the monetary system is Bitcoin. So the monetary system is ruined
• 19:17
  because of human intervention. They mess it up.
• 19:20
  The anchor or the interviewer is saying, so these products are
• 19:23
  going to do that. No, she's saying no, no, no, no,
• 19:25
  Bitcoin is going to do this. Bitcoin is the monetary system.
• 19:29
  And that is extremely consequential because what she's
• 19:32
  saying is that the monetary system, the one that she says is
• 19:37
  going to fix this, is a monetary system that is controlled by
• 19:41
  nobody. It has no issuer, It doesn't
• 19:45
  have a a central authority. It doesn't have a software
• 19:50
  company who gets to change the rules and change the monetary
• 19:54
  policy to benefit themselves. Ethereum.
• 19:57
  So like this is a very, very consequential statement by
• 20:02
  someone who's extremely wealthy and of course extremely
• 20:05
  influential. So shout out to Kathy Wood.
• 20:07
  By the way, this is the same Kathy Wood that came out with
• 20:10
  this incredible price prediction by. 2030, and I think it had a
• 20:14
  lot of logic behind it. She breaks it down.
• 20:19
  We've covered this on the show, think a couple weeks ago, but
• 20:22
  she makes the cases for certain Bitcoin price targets by the
• 20:26
  year 2030, so seven years from now.
• 20:28
  So the bear case is $258,000 Bitcoin, which is not that bad,
• 20:34
  right? A little bit less than a 10X
• 20:36
  from here. Then you have the base case
• 20:38
  $682,000 Bitcoin, which is the 2030 base case price target and
• 20:45
  by 2030 bull case you have the 1.48 million, basically $1.5
• 20:50
  million price target. And she has the logic behind
• 20:55
  that, is the penetration rate to certain assets around the world.
• 21:00
  So corporate treasury on the base case it would be 0.
• 21:03
  That's already not zero because of Tesla and MicroStrategy.
• 21:07
  I'm sure a lot of other public companies are going to follow
• 21:09
  suit so that I, I I believe that that that bear case is already
• 21:13
  impossible. Remittance case.
• 21:15
  OK, see here, there, here. You know it could be around
• 21:19
  five, 5% maybe 10%. I think it's not that people
• 21:23
  aren't going to allow this to happen.
• 21:24
  I think governments are gonna gonna wanna stop this because
• 21:28
  specifically the US government gets a tremendous amount of
• 21:30
  power from US sanction policy right.
• 21:34
  So if you have other countries basically using Bitcoin to
• 21:39
  transact amongst each other, you know, you could see how the US
• 21:43
  government could be extremely hostile towards that national
• 21:47
  state treasury. Yeah, I think that's already
• 21:49
  above 0%. We have El Salvador, we have a
• 21:51
  bunch of other countries as well.
• 21:53
  I think I could easily see that in the 1% level, may even maybe
• 21:56
  even 5% emerging market currency, Absolutely.
• 22:00
  I think this one's a no brainer. You could definitely see
• 22:02
  something more than .5%, maybe closer to 3% economic settlement
• 22:07
  network 1 to 5%. Again here where I believe the
• 22:11
  US government is going to fight a little bit, a little bit
• 22:13
  harder. I think governments are going to
• 22:15
  fight a little bit harder from I mean U.S. banks are going to
• 22:17
  fight this a little bit harder unless they unless it benefits
• 22:20
  them. So those are really the two
• 22:22
  things where I'm a little bit skeptical, remittance rate and
• 22:25
  economic settlement network. But the other ones I'm extremely
• 22:27
  bullish on. Seizure resistant asset,
• 22:30
  absolutely 100%. That is a no brainer.
• 22:33
  I wouldn't be surprised if this was already way higher than 1%
• 22:38
  institutional investment. Again, no brainer.
• 22:40
  Michael Saylor is going to prove this without a shadow of a
• 22:43
  doubt. Would not be surprised if it hit
• 22:45
  one percent 2.5% and of course digital gold 20 to 40 to 50%.
• 22:50
  I mean the digital gold aspect of that will come naturally as
• 22:54
  people see that Bitcoin is a superior asset to bonds, to real
• 22:58
  estate, to gold. So I think that just naturally
• 23:01
  comes if all of these other things come true as well.
• 23:05
  So anyways, extremely, extremely bullish, you know, price
• 23:10
  predictions by Kathy Wood. I think none of those are
• 23:13
  unattainable. There's a couple.
• 23:14
  There's a couple ones that I'm kind of skeptical about just due
• 23:18
  to, let's say, the the existing establishment being losers of
• 23:25
  the changing of the system. But a lot of those are just no
• 23:29
  brainers. Everyone.
• 23:30
  Everyone could win, right? So anyways, the Nikki Haley.
• 23:35
  Holy shit. What the fuck is she thinking?
• 23:37
  Kathy Wood? Absolutely bullish.
• 23:39
  I don't know, Opti, what do you think?
• 23:40
  What do you think? Are we gonna hit?
• 23:42
  Are we gonna hit that, that, that, that mid K $648,000
• 23:46
  Bitcoin? Are you a bull?
• 23:48
  $1.5 million Bitcoin by 20-30. What are you thinking?
• 23:52
  Are you a bear? Is Opti a bear today?
• 23:54
  I mean, I. Don't know.
• 23:55
  Something about me just feels that that's bearish by 20-30.
• 23:59
  What? That's.
• 24:00
  Cycle 2 cycles away from now. Yeah, I don't know, man.
• 24:03
  I I'm just seeing a perfect storm and it just feels like we
• 24:08
  are being all a little too conservative.
• 24:10
  But still, I mean, Nico, you said be like one point.
• 24:13
  Was it 1.5 mil by 20-30? Like that's not bullish.
• 24:17
  I don't know. Maybe we're just stupidly
• 24:19
  bullish here and I stay bullet hearted.
• 24:21
  So I refuse to speculate on the price.
• 24:24
  What's that? What's that mean, Nico?
• 24:25
  I'm not even asking you to speculate on the price, I'm
• 24:28
  asking you to comment on someone else's speculation.
• 24:31
  Bro, it's bearish. I don't know.
• 24:34
  Wow. Oh my God, what's the saying?
• 24:37
  I can, I can tell you what the price will be, but I can't tell
• 24:41
  you when it will be or like you can speculate on the price but
• 24:44
  it's hard to speculate on the date anyways.
• 24:46
  I don't know man. I'm just here stacking stats
• 24:48
  accumulating as much as possible.
• 24:50
  I I really, I really like how CK says it.
• 24:52
  We are all not bullish enough because we really don't
• 24:55
  understand what a paradigm shift means.
• 24:58
  And. 21 million it just all the capital in the world maybe not
• 25:04
  even all but part of that flowing into Bitcoin.
• 25:07
  The amount of media attention we're going to get on Bitcoin
• 25:09
  coming up. It just it.
• 25:10
  I don't know something about it tells me that I am I'm thinking
• 25:13
  too bearish about this but I don't know I think either of
• 25:17
  these numbers will be interesting.
• 25:18
  I I think this next cycle we're going to get into six figures
• 25:22
  and. I I think it would be kind of a
• 25:26
  a bearish move to think we aren't going to get into seven
• 25:28
  figures by the next cycle. So I don't know that that's just
• 25:31
  my thinking on this. But anyways, I want to go back
• 25:33
  to this video that we're playing.
• 25:36
  First and foremost. This Nikki Haley video is
• 25:38
  absolutely insane and and I really love how she started it
• 25:41
  with this that like generic, like the algos always fear the
• 25:45
  algos, man. You know like it.
• 25:47
  It moved from like greedy corporations to like.
• 25:52
  Dangerous, big tech. And while they're not wrong,
• 25:55
  these, these are just like becoming generic tropes and as
• 25:58
  we saw last week at the very end of the week and we covered
• 26:01
  yesterday, the attacks on privacy is not just a Bitcoin
• 26:04
  thing. They want to stop social media
• 26:07
  and and I love that you keep bringing up that same example of
• 26:12
  the IT was like the Jack Persobic quote that you always
• 26:14
  mentioned. If we had social media, we
• 26:16
  probably wouldn't wouldn't have searched for like WMDS or
• 26:19
  whatever. And I was thinking about this
• 26:21
  last night. And when I when this came across
• 26:24
  my Twitter, I had that thought like it really does feel like
• 26:27
  people are tired of the lies and the and they are noticing the
• 26:29
  fake news, you know, using the the trope.
• 26:32
  And there is a lot of pushback and not just from fringe
• 26:37
  conspiracy theorists. You know, dark web people like
• 26:40
  it. This is becoming I think a
• 26:42
  mainstream consciousness idea. They're like, wait, we?
• 26:47
  This is a battle of legitimacy. These people out here in the
• 26:50
  suits that that try to portray themselves like they have some
• 26:52
  semblance of legitimacy still, these are the very people that
• 26:56
  are lying to us the most. Like I I think I saw a tweet
• 26:59
  somewhere yesterday while I was kind of following the rabbit
• 27:02
  hole on this. That like, it's not the bots
• 27:05
  that are pushing most of the fake news.
• 27:07
  It's a people with names with their faces attached to it.
• 27:11
  The influencers, the politicians, the celebrities.
• 27:14
  These are the big the, the biggest corporations in the
• 27:17
  world. These are the ones that are
• 27:18
  pushing the fake news. But I love how the bots is such
• 27:21
  like a new generic trope of the of the of the modern world, the
• 27:25
  digital world. Like, oh, the bots, they're
• 27:27
  pushing misinformation, disinformation, fake news and
• 27:30
  all that. And it's like.
• 27:31
  The people that you see on the television that are supposedly
• 27:34
  your trusted journalists, your trusted politicians, the people
• 27:37
  supposedly serving for your benefit, these are the people
• 27:40
  pushing the fake news. It absolutely blows my mind.
• 27:45
  And again, maybe I'm just so black pilled in regards to
• 27:48
  politicians that I can't. In good faith, believe that
• 27:52
  Nikki Haley in private actually believes this stuff.
• 27:55
  She's just saying this because she knows again, that the
• 27:58
  average people aren't involved with it.
• 28:00
  The lavage person is not aware of what's actually going on and
• 28:03
  hence why we constantly come out here and bring the receipts and
• 28:06
  hopefully expose more people to these ideas without sounding
• 28:09
  like complete lunatics. Like Nico and I are just regular
• 28:11
  dudes. We just love Bitcoin.
• 28:14
  And forever we've been seeing this stuff.
• 28:17
  And now we've built this platform where we just
• 28:19
  constantly show the lies, We constantly show the hypocrisy.
• 28:23
  And we constantly show that the people out there, you know, with
• 28:25
  faces, with names that you know, are the ones that are peddling
• 28:29
  all of the fake news. And it's not Russian bots,
• 28:33
  because everyone knows on Twitter like what a bot looks
• 28:35
  like. It's not like, it's not like
• 28:37
  it's some very, like, intricate. You know, propaganda push.
• 28:43
  It's like, oh, it's like it's very obvious when you see the
• 28:47
  bots. Anyways, let's go to the Kathy
• 28:49
  Wood video real quick 'cause I could probably rant about Nikki
• 28:51
  Haley and and the attacks on privacy in general.
• 28:54
  Because we know that this is going full circle.
• 28:57
  So Kathy Wood love what she said.
• 28:59
  I really love that that meme that she said or that that
• 29:02
  quote. The monetary system is Bitcoin
• 29:05
  and we say this all the time. Bitcoin is the stable monetary
• 29:08
  system. We know what bitcoins monetary
• 29:10
  policy will be for hundreds of years and.
• 29:14
  It is the Fiat currencies. It's the Fiat world that is the
• 29:18
  volatile one in comparison to Bitcoin.
• 29:20
  We know one Bitcoin equals one Bitcoin.
• 29:22
  We know how many bitcoins are being released every block.
• 29:26
  We know what the Bitcoin monetary policy will be for
• 29:30
  years out. And if you look at the Fiat
• 29:33
  world, we have to wait what every month for the the central
• 29:36
  bankers to collude about what's the best CPI prints, how much
• 29:39
  money they're going to print. We got to trust politicians to
• 29:42
  not print more money because they.
• 29:44
  Obviously have to continue to print because they have to keep
• 29:47
  the velocity of money going in the current system.
• 29:49
  It it, this is by design. They have to continue to flood
• 29:52
  the system so that it keeps going.
• 29:54
  And you know like we laughed at the beginning of this show when
• 29:57
  we said that Fiat is the threat to humanity, not Bitcoin, not
• 30:01
  privacy. The The real threats to national
• 30:04
  securities are the money, printer and.
• 30:08
  That is the demise for for literally the world.
• 30:12
  And as we see that Fiat system crumbling, it's going in tandem
• 30:16
  with this attack on privacy. It's going in tandem with the
• 30:19
  push for CBD CS because this is the full circle, This is how it
• 30:23
  works. Like they want to control the
• 30:25
  flow of information so that they can control the flow of the
• 30:28
  Internet, so that they can control your behavior, control
• 30:31
  your transactions. And, you know, basically turn
• 30:34
  you into a robot with no freedom of speech, no freedom of action.
• 30:38
  And it's absolutely dystopian, tyrannical and disgusting.
• 30:42
  And I even think today, if I remember clearly, like the Biden
• 30:46
  administration is going to have some talk about attempts to
• 30:48
  control the Internet. Like, this is where we are in
• 30:51
  the cycle, guys. Like they are so terrified of
• 30:54
  information spreading amongst the masses.
• 30:57
  Because they know, again referencing naive Buchelles,
• 31:00
  don't drink the elites kool-aid that they've had the monopoly on
• 31:03
  truth forever, and now that is breaking in real time.
• 31:07
  It is crumbling and they are scrambling for control.
• 31:10
  And as we always say, and as you guys know, as you watch this
• 31:13
  show and you're basically believing what we believe, truth
• 31:16
  wants to be set free. This is the part of the story
• 31:19
  where truth is being set free. This is the this is the part in
• 31:22
  human history. Where information is being
• 31:25
  decentralized, where people are waking up, public consciousness
• 31:28
  is waking up to the idea that wait, everything isn't all rosy.
• 31:32
  Things are actively going on. There is actual evil in the
• 31:36
  world. There is people trying to put
• 31:39
  you in a box, control you forever.
• 31:41
  As we say, it is big corner slavery.
• 31:43
  Now it's looking like it's big corner death.
• 31:45
  And so again, it's full circle, like we're so back because we
• 31:49
  are constantly showing you. That they want to stop
• 31:53
  information. They want to put you into a CBDC
• 31:57
  system. They want everyone to have
• 31:58
  social credit scores. They want everyone in some kind
• 32:01
  of, you know, CCP style monetary system and digital dystopia
• 32:07
  where everything's tracked and bagged and you have no sense of
• 32:10
  freedom, no sense of privacy. Because they really do believe
• 32:13
  that they can control human behavior from a centralized.
• 32:17
  Circle and it just it's not going to happen.
• 32:21
  I I still have faith in humanity.
• 32:23
  I think if humans are given the choice of a of a world where
• 32:26
  they are fully controlled, they where they have no privacy, no
• 32:29
  freedom of thought, no freedom of speech or.
• 32:32
  A world where freedom of speech, freedom of of information,
• 32:35
  freedom of money and transaction.
• 32:38
  They will always choose a world that is more free.
• 32:41
  But right now we've been lulled to sleep by this idea that we
• 32:44
  have to trust the government, that they know what's best for
• 32:47
  us, That the people out there with authorities and pH DS and
• 32:50
  the experts trust the experts, bro.
• 32:52
  That they know what's best for you.
• 32:54
  I I wholly reject this. I have a brain.
• 32:59
  I might not be the best brain, but I can judge for myself what
• 33:03
  are my best actions to live the best life and and give me the
• 33:07
  freedom to make my mistakes like.
• 33:10
  Like, since when is it a a bad thing to make your own mistakes?
• 33:14
  Like and it's and it's like the whole idea.
• 33:16
  It's like, dude, like like, I think I know how to live my life
• 33:20
  better than the Central. Planet I know, I know what I
• 33:23
  know how you should live your life better than you do.
• 33:25
  Like if that's not the most disgusting, rude, just like anti
• 33:29
  human thought ever. I don't know what is.
• 33:31
  It's like you're a human. You have a brain.
• 33:34
  Use it. You know what's best for you?
• 33:37
  It's crazy. It's crazy.
• 33:38
  So this is what it's all about. It's about Bitcoin or slavery.
• 33:41
  You know Bitcoin is gonna empower you.
• 33:42
  It's gonna allow you to live the life that you wanna live.
• 33:45
  If you use a CDC you're you're choosing slavery.
• 33:48
  Like believe it or not that's it's it's it's it's inevitable
• 33:52
  that they are going to use that type of God like power that a
• 33:56
  CBDC will bestow upon them to to use it against the populace.
• 34:00
  I mean look it's already happening in China.
• 34:03
  Remember what happened during the Canadian truckers protest?
• 34:06
  Anyways guys, I do want to give a shout out to our awesome
• 34:08
  sponsor Bitcoin 2024. It's not going to be in Miami
• 34:13
  this year. It's going to be in Nashville,
• 34:14
  TN the year of the having July 25th through the 27th 2024.
• 34:21
  You definitely don't want to miss it.
• 34:23
  For Aga ticket, it's only 349. For an Industry Pass, it's 849.
• 34:29
  That gives you access to three days of the conference including
• 34:32
  Industry Day. Also gives you discounted hotel
• 34:35
  rates. And of course the Whale Pass For
• 34:38
  4749. That gives you exclusive VIP
• 34:42
  access to the Backstage VIP Lounge Premium seating.
• 34:46
  That's the the the Backstage Lounge.
• 34:49
  That's where I got to meet Tulsi Gabbard last year.
• 34:51
  It was absolutely awesome guys, you don't want to miss the
• 34:54
  biggest Bitcoin conference on planet Earth, Bitcoin 2024 in
• 34:59
  Nashville, TN July 25th through the 27th 2024.
• 35:05
  We hope to see you guys there and you can use promo code
• 35:08
  simply to get 10% off your tickets to these already
• 35:11
  discounted tickets. Get your tickets quickly because
• 35:14
  the price will go up very, very soon.
• 35:17
  See you guys at Bitcoin 2024. Alright everybody, let's hit the
• 35:20
  news, the Daily News. I want to give a shout out to
• 35:30
  our sponsor, Foundation Devices. It's self custody done right?
• 35:34
  They built a premium grade hardware wallet called Passport
• 35:38
  right here in the US. It's fully open source and
• 35:41
  verifiable. It's the most intuitive Bitcoin
• 35:43
  wallet designed with the UX, reminiscent of a simple feature
• 35:47
  phone so you will know how to navigate it and use it the
• 35:50
  moment you pick it up. Get your Bitcoin off exchanges
• 35:53
  and into your into your own hands in just a few minutes.
• 35:56
  Experience the Peace of Mind that comes with taking ownership
• 35:59
  of your own keys. After a massive sell out during
• 36:02
  Bitcoin Miami 2023, the passport is back in stock at
• 36:06
  foundationdevices.com. Bitcoin only.
• 36:09
  Open source. Verifiable completely Air gap
• 36:12
  security model, gorgeous design, craft premium grade materials.
• 36:16
  If you're thinking about getting your Bitcoin off exchange
• 36:18
  changes, this is the one for you.
• 36:20
  Check out the passport link in the show notes below to learn
• 36:23
  more. All right guys, I made it
• 36:26
  incredibly easy for you guys. You can get yourself a Passport
• 36:30
  hardware wallet. All you got to do is scan the QR
• 36:32
  code on your screen. Reclaim your sovereignty.
• 36:35
  Remember guys, not your keys, not your Bitcoin.
• 36:38
  Get yourself a hardware wallet. And at Simply Bitcoin, we
• 36:42
  recommend Passport by Foundation devices.
• 36:46
  All right everybody, let's jump into the news.
• 36:47
  We got a lot to talk about today.
• 36:50
  Check this out. This is this is some pretty
• 36:53
  crazy stuff. I'm not I'm not going to lie and
• 36:57
  and again like it it it could have been avoided.
• 37:01
  It could have been avoided. Which is the craziest part.
• 37:03
  But just take a look at how how nuts this is, and I think
• 37:08
  there's another example of like what Nikki Haley was saying
• 37:12
  about how we should just KYC the Internet and take away
• 37:15
  anonymity. It's one of those things where,
• 37:18
  like I truly believe, like she means that with the best
• 37:22
  intentions, but the road to hell is paved in good intentions.
• 37:27
  And The thing is that once policies get implemented, even
• 37:31
  even if they had the best intentions, once they're
• 37:35
  implemented, even though it shows that clearly, clearly they
• 37:39
  were a disaster and it did not. It did not do the things that
• 37:43
  they were intended to do 9 out of 10 times.
• 37:47
  They don't get walked back, they just stay in, they just stay in
• 37:50
  place, right. And here is an example in Sweden
• 37:54
  of the old world clashing with the new world.
• 37:59
  So check this out as an article by no, no BS Bitcoin.
• 38:02
  Highly recommended. By the way it is.
• 38:05
  It is reader funded, so they don't expect any.
• 38:07
  They don't get any advertisers or nothing.
• 38:09
  They're completely crowdfunded. So definitely check them out.
• 38:12
  We love them as a news source. It goes on to say armed Bitcoin
• 38:15
  robbery surge in Sweden due to open data on citizens.
• 38:20
  Quote Sweden is probably one of the least safe countries to be
• 38:23
  active in the cryptocurrency sector in the moment.
• 38:26
  I've personally left Sweden and I don't expect to return until
• 38:29
  the laws around privacy, personal privacy change.
• 38:33
  It goes on to say this Monday a middle-aged Swedish couple was
• 38:37
  tied up in their home and robbed and robbed by 4 masked men.
• 38:41
  They were physically abused and threatened with their own
• 38:44
  kitchen knives. They were tied up for hours and
• 38:46
  one had to be escorted to the hospital via helicopter.
• 38:50
  The purpose of the assault was to steal the couple's Bitcoin.
• 38:53
  Unfortunately, this is not a new occurrence in Sweden.
• 38:56
  Now only last month two well known Bitcoin slash crypto
• 39:00
  profiles were targeted in their homes by masked armed men.
• 39:05
  The first time this happened was last year.
• 39:07
  One of Sweden's most well known bitcoiners had criminals break
• 39:10
  into their apartment. What appears to be common for
• 39:13
  each of these cases is that the victims had live stream and
• 39:16
  podcasts about Bitcoin slash crypto days before their assault
• 39:20
  or mentioned Bitcoin in a public context.
• 39:23
  This situation is occurring because in Sweden you can easily
• 39:26
  search for any person's residential address and drive
• 39:29
  straight to their home. If you're curious, you can also
• 39:32
  search for their tax records and find out exactly how much they
• 39:35
  paid in income or capital gains tax and size them up from that.
• 39:40
  The principle of public access information known as Swedish I
• 39:44
  not even going to try to hit that.
• 39:46
  Opti, you want to hit that? No, I'm good.
• 39:49
  Often License principle, the law that makes residential addresses
• 39:54
  and tax records public, is the main culprit behind the
• 39:56
  strangest relative to other countries.
• 39:59
  While the intentions behind the legislation was to reduce
• 40:02
  corruption, it is not fit for modern society.
• 40:06
  It's even worse than I go into here.
• 40:08
  I'm not going to list all the ways the government exposes you
• 40:12
  because I don't want, I don't want to give people too many
• 40:15
  ideas, but it is truly atrocious.
• 40:18
  Yeah, and I completely agree. This is this is, this is such a
• 40:21
  bad idea. Completely.
• 40:24
  And it's another example of the road to hell is paved in good
• 40:27
  intentions now. That being said, I think it also
• 40:31
  highlights the importance for you.
• 40:34
  With self custody comes a lot of personal responsibility.
• 40:38
  And because you are your own bank, you do have to be thinking
• 40:42
  from a, from a, from an opponent's or from an attacker's
• 40:49
  perspective. Bitcoiners.
• 40:51
  We call this the infamous $5 wrench attack.
• 40:54
  A lot of people think, OK, hey, you know, I got my password and
• 40:58
  I got my, you know, I got my computer locked down.
• 41:01
  But it doesn't take that much. All it takes is for someone to
• 41:04
  buy a $5 wrench, go approach to you, physically put that $5
• 41:08
  wrench over your head and say if you don't give me your Bitcoin,
• 41:10
  you know I'm going to hurt you essentially.
• 41:13
  And the way that you protect yourself against that is multi
• 41:17
  sig. The way that you protect
• 41:18
  yourself against that is by properly securing your backup
• 41:21
  wallet seed words. I personally recommend
• 41:24
  geographically, geographically separating your seed phrases so
• 41:29
  there is no single point of failure, right.
• 41:32
  But even if all of that was put into place, that still doesn't
• 41:36
  stop. A lot of it still doesn't stop
• 41:39
  from people showing up to your house and, you know, potentially
• 41:42
  attacking you. That's why I love the Second
• 41:44
  Amendment. In the United States, we do have
• 41:46
  guns. Here.
• 41:49
  You have that working in your favor.
• 41:51
  But yeah man, to comment on the Swedish government's, the the
• 41:56
  Swedish government, the Swedish government aspect.
• 42:01
  And I don't I don't think, I don't think self-defense is I
• 42:05
  might be mistaken. Opti, why don't you look this up
• 42:07
  while I talk about this, but I don't if I believe, I don't
• 42:11
  think, I don't think they have a castle doctrine there.
• 42:14
  I don't think you could you have the right to defend yourself or
• 42:17
  you have the right to own firearms in Sweden.
• 42:20
  But but the idea of publicly listing people's addresses, how
• 42:26
  much money they have and how much income they've reported in
• 42:30
  the last year. Not to mention the fact that if
• 42:33
  you know this person is a high profile bitcoiner, if you live
• 42:37
  in Sweden and you have a Bitcoin podcast or a crypto podcast, get
• 42:42
  the hell out of there. That's that's a that's a recipe
• 42:45
  for disaster. That is that that does not sound
• 42:48
  like it's a it's a good idea, you know.
• 42:51
  And again I think this is another example of of you know,
• 42:55
  this is another example of you know, the rate the road to hell
• 42:59
  is paved in good intentions. Anyways, I think OPTI pulled it
• 43:02
  up. So here's Wikipedia.
• 43:04
  Of course guys, you guys can ridicule us for using Wikipedia,
• 43:07
  but it says that Sweden, the law of self-defense allows a person
• 43:11
  attacked to a attack to excuse or justify A proportionate use
• 43:16
  of violence in defense of the person or property.
• 43:18
  So let's see a situation apparel stated to exist.
• 43:22
  Oh wait, hold on. Yeah, it seems like they can.
• 43:26
  Self-defense is considered grounds for non conviction if
• 43:28
  the accused acted in a situation apparel and act in a manner that
• 43:31
  is not blatantly unjustifiable in relation to that which is
• 43:34
  defended. Yeah, I mean, but what are the
• 43:37
  gun laws? That's the big question.
• 43:41
  Probably not too good. Sweden.
• 43:49
  Gun laws? Self-defense.
• 43:58
  Gun ownership in Sweden is regulated.
• 44:04
  Yeah, I think I found one. When it comes to self-defense,
• 44:09
  it is to turn the other cheek, even if it means to accept abuse
• 44:12
  for yourself and others. That's how it is in most
• 44:14
  countries by the way. This is right.
• 44:21
  In Sweden one is 1 is only allowed to use enough physical
• 44:24
  force to avoid conflict or one otherwise without it anyways
• 44:29
  obviously. OK, so it's not as bad as I I I
• 44:32
  initially thought I made in the assumption cause gun laws are
• 44:34
  generally not that favorable in the United States.
• 44:36
  Sorry in Europe, but but it is restrictive.
• 44:40
  A license is required and it's not like the castle doctrine
• 44:44
  like here in the United States. Here in some states where if
• 44:46
  someone tries to break into your property, you have the right to
• 44:49
  defend yourself, and that doesn't apply to every state.
• 44:52
  That only applies to some states.
• 44:54
  I have a quote here. It says in Sweden, only
• 44:56
  responsible people can have guns.
• 44:59
  Yeah, and then it's the government that gets to decide
• 45:01
  it anyways. Look guys, we're heading into
• 45:03
  the world where, you know, obviously it's personal
• 45:06
  responsibility. You are storing your own wealth.
• 45:11
  So you have to start thinking from a a position of of You have
• 45:16
  to start thinking of from a position of an adversarial
• 45:19
  position, right. You have to look into multi sig,
• 45:22
  you have to look into arming yourself if it is legal in your
• 45:25
  jurisdiction. But but yeah that's you, you got
• 45:29
  to protect yourself. And one of the best ways to
• 45:32
  protect yourself by the way is remain remaining anonymous.
• 45:35
  So if you're a bitcoiner in your community, don't let anyone know
• 45:38
  you have Bitcoin specially. Don't tell them how much Bitcoin
• 45:42
  you have. Keep all of that to yourself.
• 45:44
  All of this stuff sounds like common sense.
• 45:47
  But yeah, that that's Sweden law.
• 45:49
  Absolutely. I mean, shouts out the rave
• 45:50
  elevator, he says Simply. Sweden makes it required to have
• 45:53
  a gun in the house due to no standing army.
• 45:56
  Interesting, interesting. Interesting.
• 45:59
  Well, of course I don't think we have all the all the facts on
• 46:03
  this specific. The point remains the same
• 46:05
  though. Like, I think connecting this
• 46:08
  was what we heard in the beginning and what we kind of
• 46:11
  covered yesterday. This is one of those and you
• 46:14
  said it already. Hell was paid with good
• 46:17
  intentions and it sounds like a good idea to track and bag
• 46:21
  everyone and even like KYC AM L laws.
• 46:23
  Like we know that they do more harm than good and yet this is
• 46:27
  the standard practice around everywhere and it just this is
• 46:31
  this is where we are right now and.
• 46:34
  This is why I I mean, I'm kind of conflicted here, Nico.
• 46:37
  I mean, remember, remember when I used to wear a mask?
• 46:39
  Guys? Like, this was the very reason
• 46:42
  why we wore masks. This is why bitcoiners tell you
• 46:45
  guys all the time to maintain your opsec as much as possible.
• 46:49
  But I also realized, and what we were saying earlier, that the
• 46:53
  idea of having faces and names and people that you can look to,
• 46:58
  they're like, oh, these are regular people.
• 47:01
  There is kind of this is attacking it on both fronts.
• 47:05
  I feel like we do need to have publicly facing bitcoiners and
• 47:10
  people to be proud to be bitcoiners.
• 47:12
  I tell you guys all the time I wear Bitcoin merch out and it is
• 47:16
  what it is. I'm just hoping someone.
• 47:19
  It's like, oh, you're a bitcoiner too.
• 47:20
  This is awesome. But then I also realized that
• 47:22
  there is a certain amount of safety issues that I have to
• 47:26
  contend with and even you know going to conferences and me
• 47:29
  going to Bitcoin meet ups and all this stuff like OK, I found,
• 47:33
  I found something, I found something.
• 47:34
  So in regards to the specific subject because I think it is
• 47:38
  kind of interesting and worthwhile covering.
• 47:40
  And this is from this is from surviving in Sweden.
• 47:45
  It's a blog, obviously someone living there.
• 47:48
  And here it comes to this is what I've learned about Swedish
• 47:52
  gun laws. Please, though I'm not a legal
• 47:54
  expert, don't take this as a final word.
• 47:56
  If I've got anything wrong, please let me know.
• 47:57
  But clearly this is someone from living in Sweden.
• 48:00
  It says there are actually a lot of guns in Sweden, mostly
• 48:04
  because there's a lot of hunting.
• 48:06
  A hunter needs to pass a test and be the member of a shooting
• 48:09
  range for over six months to get a license to purchase weapons.
• 48:12
  You cannot carry your gun around, only while you're
• 48:14
  hunting. I remember 1 colleague freaking
• 48:16
  out about what to do with a gun on the way home from a hunting
• 48:19
  trip while stopping at a grocery store.
• 48:21
  You removed part of the gun that was essentially for its
• 48:24
  function, took that part into the store while leaving the rest
• 48:26
  in the car, and was still not sure of the legality of this.
• 48:29
  You keep your guns locked up. This is the key.
• 48:32
  Your guns are not for protecting you, they are for hunting.
• 48:35
  You need to keep your guns locked away and the key not easy
• 48:38
  to get. The last one is if you shoot an
• 48:42
  intruder you will go to jail. There are laws out there that
• 48:45
  limit the amount of force you can use.
• 48:47
  If the choice is between taking someone's life and losing your
• 48:51
  TV, you will be punished for taking a life.
• 48:53
  I could be wrong about this one since I can.
• 48:55
  I cannot since I cannot seem to find the actual law in the
• 48:59
  books, but I've heard a few examples of this.
• 49:02
  I think the biggest difference between guns in the US and guns
• 49:05
  in Sweden is that guns here not for self-defense.
• 49:08
  There are no conceal and carry laws.
• 49:11
  So that's what I was assuming just because that's essentially
• 49:15
  how like all of most of Europe is like that as well.
• 49:19
  But yeah man, like we're we're if we're moving into this world
• 49:24
  where people are taking self custody of their wealth you know
• 49:27
  that that comes with home defense as well you know So it's
• 49:30
  something that in the US is it's awesome, that's great.
• 49:33
  I I really appreciate you know the Second Amendment here, but
• 49:37
  you know obviously it isn't like that anywhere around the world
• 49:40
  but that's what I would look into multi sig, that's where I
• 49:43
  would look into geographically separating your own keys, that's
• 49:47
  what I would geographically separating your own seeds.
• 49:51
  That's where I would look into remaining anonymous on the
• 49:55
  Internet, unlike what Nikki Haley is saying.
• 49:59
  So yeah man, I mean it's an interesting, it's an interesting
• 50:02
  topic. But at the end of the day, I
• 50:05
  think most of this most of these attacks could have been avoided
• 50:09
  if those laws in Sweden weren't what they are, where they
• 50:12
  literally make it public, where people live and what they're
• 50:16
  paying in taxes. So you know, basically that this
• 50:20
  person is making a lot of money. A lot of this could have been
• 50:23
  avoided if it wasn't for that simple fact.
• 50:26
  Not all of it, but I would say 90% of it in my in my my, my
• 50:31
  take anyways. But also also like the silver
• 50:34
  lining of this is like, you know, not not that we wish this
• 50:39
  upon ourselves, but as bitcoiners like, even if you do
• 50:42
  get tortured for it, like. It's still a choice to give it
• 50:46
  up to them because if you do this correctly, what, someone's
• 50:50
  just going to come break in your house and, I don't know, do some
• 50:53
  harm to you? But like, I can't get to my
• 50:55
  Bitcoin. Sorry bro like.
• 50:58
  It's multi synced up or I'm not going to give you my password.
• 51:01
  Or decoy wallets. Like there's a lot to go down
• 51:05
  these routes and I don't know it is conflicted because you know,
• 51:09
  Nico, people know our faces. No, no, it's fine.
• 51:13
  It's fine dude. It's fine that people know our
• 51:16
  fit like it. Obviously preferably anonymity
• 51:19
  is the best way, but you can also protect yourself by you
• 51:23
  know, like by by proper home defense.
• 51:27
  You could protect yourself by multi by separating your keys
• 51:31
  geographically. You can protect yourself by not
• 51:35
  speaking about your wealth. You could protect yourself
• 51:38
  about, you know, just not posting pictures online of you
• 51:42
  and your family, right. It's just like very, very basic
• 51:45
  principles of just keeping it, keeping it to yourself and let's
• 51:49
  be clear, are very blessed because we live in, you know, in
• 51:54
  in red states where there's the castle doctrine and gun laws are
• 51:59
  very, very favorable for self-defense, right.
• 52:02
  But, but we also acknowledge the fact that that's, you know, not
• 52:05
  everyone has that specific type of living.
• 52:07
  Situation. And also to be clear, this is
• 52:09
  not just like a Bitcoin problem, this is also a Fiat problem like
• 52:12
  this happens to rich people all the time.
• 52:14
  It's just, it makes, it makes waves when it's to this micro
• 52:17
  niche community that we are a part of where it's like oh so
• 52:22
  stupid the laws and it's like why would they post people's
• 52:25
  address publicly? Dude, what's the what?
• 52:29
  Yeah, I'm getting trolled in the chat.
• 52:32
  We remember we brought on the KYC AM L people on the show and
• 52:36
  they everyone says the same thing like exposing this type of
• 52:39
  information. It sounds like a good idea until
• 52:43
  you really get into the nitty gritty and it just this does
• 52:47
  more harm than good. Like the convince me of the good
• 52:50
  that this this could have done and we can give many examples of
• 52:55
  the harm that it's done to individuals and I think that's
• 52:58
  more important. It's like this.
• 52:59
  This is hurting more people than it's helping 100%.
• 53:02
  I 100% agree with you. Yeah, man.
• 53:05
  All right, bro, let's move on to the culture segment.
• 53:09
  We went a little bit long on this one, but it was a good, it
• 53:12
  was a good, good answer. Good back.
• 53:14
  And forth. Culture might not be too long.
• 53:16
  Good back and forth. All right, let's hit the
• 53:17
  culture. Everyone.
• 53:18
  No. But before we hit the culture, I
• 53:19
  do want to give a very special shout out to the best place to
• 53:23
  buy Bitcoin mining ASICS. And I'm talking about kaboom
• 53:28
  racks. They're the most trusted place
• 53:30
  to buy, sell and post mining equipment.
• 53:33
  If you haven't already done so, check out their racks Kaboom
• 53:36
  Racks. You could do that by scanning
• 53:38
  the QR code on the right hand side of your screen.
• 53:41
  It will take you directly to the Telegram Kaboom racks
• 53:44
  marketplace where you can connect with a member of their
• 53:46
  sales team. They make purchasing their
• 53:48
  products easy and transparent. You could also sell your Bitcoin
• 53:52
  mining A6 with them and access their vast network of domestic
• 53:56
  and international customers. When you sell your mining
• 54:00
  equipment with them, check out their kaboom racks.
• 54:02
  Check out their racks Kaboom Racks.
• 54:04
  Anyways, everybody. Anyway, amigo, before we go on,
• 54:06
  before we go on, there's a good comment here on Rumble.
• 54:09
  Shouts out to the Rumble guys. So I'm not going to say your
• 54:12
  name because you know we're what we're talking about.
• 54:14
  But someone goes. I live on.
• 54:15
  I live walking distance from where the home invasion
• 54:19
  happened. We don't have a castle doctrine
• 54:21
  here in Sweden. I've started looking for where I
• 54:23
  can move instead. Self-defense is quite bad in
• 54:25
  practice. OK, and thank you.
• 54:28
  Thank you for that. Let me actually pop it up on
• 54:30
  screen so it makes it easier for everyone to read.
• 54:34
  Yeah, I got it. I got it right here, But no, no,
• 54:36
  no. I've already popped it up on
• 54:38
  screen. OK, yeah, so yeah.
• 54:40
  So someone in the Rumble chat shout out to you brother.
• 54:44
  Someone in Sweden. So it's basically confirming
• 54:46
  what we read on that blog right? So it says I live walking
• 54:49
  distance from the home invade Chapin.
• 54:51
  We don't have castle doctrine here in in Sweden.
• 54:53
  I've started looking for where I can move instead and I think we
• 54:56
  should actually define opti before we move on what castle
• 54:59
  doctrine is. So in case any bitcoiner is like
• 55:03
  looking to move to a let's say a more how would you phrase this
• 55:09
  opti A more a more self-defense friendly jurisdiction.
• 55:17
  Here is the Wikipedia article. Castle doctrine, also known as
• 55:22
  Castle law or defensive habitation law, is a legal
• 55:25
  doctrine that designate that designates a person's abode or
• 55:29
  any legally occupied space as a place that that in which that
• 55:33
  person has protections and immunities permitting one in
• 55:37
  certain circumstances to use force, including deadly force to
• 55:41
  defend oneself against an intruder free from legal
• 55:44
  prosecution for the consequences of the force used.
• 55:47
  The term is most most commonly used in the United in the United
• 55:51
  States. Depending on the location, a
• 55:53
  person may have a duty to retreat to avoid violence if one
• 55:58
  can reasonably do so. Castle doctrines lessen the duty
• 56:01
  to retreat when an individual is assaulted within one's home.
• 56:05
  Deadly force may either be justified or burdens or burdens
• 56:09
  of of production and proof for charges impeded, or an
• 56:13
  affirmative defense against criminal homicide.
• 56:16
  Applicable in cases, quote, when the actor reasonably feels
• 56:20
  imminent peril of death or seriously bodily harm to him or
• 56:25
  herself or another. And obviously in the case of the
• 56:27
  Swedish attack or this attack to this couple in Sweden when one
• 56:32
  was rushed to the hospital, you can make the case that I think
• 56:36
  the castle doctrine, if they were properly armed and
• 56:39
  protected, would have helped themselves in this particular
• 56:42
  case. So as bitcoiners that take self
• 56:44
  custody, I mean dude, I think it would benefit you from, you
• 56:50
  know, from thinking about home defense and living in a
• 56:53
  jurisdiction where home defense isn't frowned upon or isn't
• 56:58
  favored in in the legal sense of view.
• 57:00
  I mean, I'm not a lawyer, but from a common sense perspective,
• 57:04
  that's what I would advise anyways.
• 57:07
  Opti, you have any more takes on this before we move on to the
• 57:09
  culture? No, guns are good.
• 57:11
  Get some guns are good if you're legally allowed to buy them in
• 57:15
  your jurisdiction. And obviously, you know, I, I, I
• 57:19
  love certain states in the United States because they do
• 57:23
  you know have certain laws where it protects yourself, it
• 57:26
  protects, it allows you to protect yourself in your home
• 57:28
  without fear of prosecution. Of course, you know you have to
• 57:32
  follow the laws. You know you have to, you have
• 57:34
  to really look into it. But let's say it gives you, it
• 57:36
  gives you a fighting chance. It gives you the ability to
• 57:38
  protect you and your family. Anyways, everybody, let's, let's
• 57:42
  move on to the culture. We have a lot to talk about the.
• 57:50
  Daily Culture brought to you by Swan bitcoin.com Swan is the
• 57:55
  best way to build your Bitcoin stack with automated Bitcoin
• 57:58
  savings plans and instant purchases serving clients of any
• 58:02
  size from $10 to $10 million. We love Swan because they
• 58:07
  incentivize self custody and dollar cost averaging.
• 58:10
  What are you waiting for? Visit swanbitcoin.com today.
• 58:15
  All right, guys. All right.
• 58:16
  Love it. Love it.
• 58:17
  What that was, that was enjoyable.
• 58:19
  Very enjoyable. OK, Actually I need to.
• 58:22
  Sorry guys, I love guns. Yeah, guns are good.
• 58:28
  Absolutely love guns. All right.
• 58:31
  So guys, all right. Actually, before I do this, let
• 58:33
  me let me go full screen row, all right?
• 58:35
  You know. A lot of you may think that we
• 58:38
  don't listen to criticism that we aren't hearing what our
• 58:41
  audience is saying. We constantly say this
• 58:44
  internally and externally to you guys, publicly and privately
• 58:48
  within simply Bitcoin within our business that we are free market
• 58:51
  Maxis. We listen to what you guys are
• 58:53
  saying and we do our best to try to give you the information that
• 58:59
  we think will not only provide value to you, but that you guys
• 59:02
  asked for. And so, hence I listen to you
• 59:04
  guys. Maybe I don't get to it.
• 59:06
  As quickly as you would like to, you know, bear with me, we are
• 59:09
  doing a lot of stuff here on the back end, but we are free
• 59:13
  market. Maxis and Bitcoin is a truly
• 59:16
  free market for money and attention.
• 59:18
  On the Internet is the other free market that I don't think
• 59:21
  you guys fully understand. Like the the Internet has
• 59:25
  disintermediated influence and if you can build a following.
• 59:31
  Then you have tapped into that free market of attention and you
• 59:35
  you it just shows that you know what you're doing.
• 59:37
  And so recently we've gotten some Flack and we see it
• 59:40
  sometimes in the chat you guys tell oh, this is a clickbait
• 59:43
  title, oh, simply bitcoins using too much clickbait.
• 59:46
  Like why do they do this? These are Fiat practices.
• 59:50
  And what you guys don't get is that clickbait works.
• 59:54
  We want you guys to click on the show.
• 59:57
  And hopefully, if we do our job correctly, once you click on the
• 1:00:00
  show, you realize that, hey, it wasn't so much clickbait.
• 1:00:03
  Yes, we got you in the door. But once you hang out with us,
• 1:00:05
  like I said earlier, you know, and shouts out to, I don't know
• 1:00:08
  what it is Opti's digital ID now or whatever.
• 1:00:10
  He's like name the trolls. We have converted our trolls
• 1:00:13
  that want to hang out with us constantly.
• 1:00:15
  And I think that just means and shows and further proof that we
• 1:00:17
  are doing what we set out to do. But we understand what we're
• 1:00:22
  doing here. We understand that there's a
• 1:00:24
  certain game being played on YouTube.
• 1:00:25
  And yes, for better work. We have to play the clickbait
• 1:00:28
  game, but you hopefully, and we usually do, we deliver on the
• 1:00:32
  back and more value than the clickbait title.
• 1:00:35
  We play the thumbnail game because this is how you win on
• 1:00:37
  YouTube. Don't, don't hate the player.
• 1:00:40
  Hate the game guys. So we're doing our best to
• 1:00:43
  spread the Bitcoin signal to people on YouTube.
• 1:00:45
  Our goal from the very beginning at Simply Bitcoin was we are
• 1:00:49
  going to play the shit coin clickbait thumbnail game so that
• 1:00:53
  hopefully we can convert these shit corners into Bitcoiners.
• 1:00:56
  And once they hang out with us, we usually do a very good job of
• 1:01:00
  turning them into Bitcoiners. And if you think this is a new
• 1:01:03
  thing that we're just recently doing, here's Nico saying this
• 1:01:07
  at Bitcoin Conference in Miami 20/21.
• 1:01:10
  What's that Two years ago? And we've been constantly just
• 1:01:14
  doubling down. This was when before Bitcoin had
• 1:01:18
  less than 1000 subscribers at this point.
• 1:01:21
  And this was our strategy from the very, very beginning.
• 1:01:24
  The theory of the case was I was sick and tired of the shit coin
• 1:01:29
  Youtubers or the sorry, the altcoin content creators.
• 1:01:33
  Let me be nice, the altcoin content creators using a lot of
• 1:01:38
  the YouTube a lot of the YouTube tactics.
• 1:01:41
  In order to get views. And what I've noticed is that a
• 1:01:45
  lot of Bitcoin content creators refuse to play the Bitcoin the
• 1:01:48
  YouTube game. And because they refuse to play
• 1:01:51
  the YouTube game, a lot of those views would go to altcoin
• 1:01:55
  channels. Now, I don't like to talk crap
• 1:01:57
  about other content creators. Let them do what they got to do.
• 1:02:01
  Hey, listen, if you're an altcoiner and that's what you
• 1:02:03
  believe in, you know, so be it. But I figured I'm like, look, we
• 1:02:07
  have to get a lot, You know, we have to get some people into the
• 1:02:11
  Bitcoin world. They can, you know, they can
• 1:02:13
  potentially save themselves because all coins, essentially
• 1:02:16
  what they are, is you're gambling, you're gambling.
• 1:02:19
  Doesn't mean, it doesn't mean that you're not going to make
• 1:02:21
  money if you pick the right one, But 99% at, you know, 99 out of
• 1:02:28
  100 people. That invest in all coins.
• 1:02:31
  Specifically the first time they end up losing a lot of money,
• 1:02:35
  and they're much better off if they just invested Bitcoin in
• 1:02:39
  the first If they just invested in Bitcoin, stayed humble,
• 1:02:42
  stacked SAT's stayed solvent, and they would have a lot more
• 1:02:46
  Bitcoin today than if they just went into the altcoin game.
• 1:02:49
  So we played with the whole theory of the cases, and at this
• 1:02:54
  time, this wasn't proven. This was just the theory at the
• 1:02:57
  time, right? Less than 1000 subscribers
• 1:02:59
  simply Bitcoin. And I said, listen, let's use
• 1:03:02
  the tools of the trade to get people in the door watching
• 1:03:06
  Bitcoin content. And then once they're watching
• 1:03:08
  Bitcoin content, we hit them with what is Bitcoin, Why you
• 1:03:12
  should buy Bitcoin. We stay away from the
• 1:03:14
  speculation right as much as possible.
• 1:03:17
  As much as possible, but we don't pull up the charts and we
• 1:03:19
  don't try to tell you the price predictions by this and this and
• 1:03:23
  this and that, we know. We try to stick to news data and
• 1:03:26
  we try to feature other bitcoiners and what they're
• 1:03:29
  working on. So anyways, Opti, yeah, I love
• 1:03:32
  the context. Let's play this and then we'll
• 1:03:34
  chat about. It and then another aspect of of
• 1:03:36
  simply Bitcoin which I think resonates with a lot of people
• 1:03:38
  right is look the shit coin channels.
• 1:03:42
  Do something really well, right? They do the thumbnails and the
• 1:03:45
  clickbait, they do it super well.
• 1:03:47
  So we thought with simply Bitcoin, instead of speculating
• 1:03:49
  on the price and all that garbage that they talk about,
• 1:03:52
  right? We'll keep the click the the
• 1:03:54
  clickbait, we'll we'll we'll create the thumbnails like the
• 1:03:57
  shit coin channels. But when you tune into simply
• 1:04:00
  Bitcoin, all you're getting is signal, right?
• 1:04:02
  That's what that's what we try to do.
• 1:04:04
  That's what we're going to keep doing and we're not going to
• 1:04:06
  stop until those shit coin channels.
• 1:04:09
  Period. Let's go.
• 1:04:14
  Hold on. I was a lot more toxic back
• 1:04:19
  then, and I wasn't. It was.
• 1:04:20
  I was. I was not as reserved as I am
• 1:04:23
  now, but but let's just say that.
• 1:04:26
  Let's just say that you know it. Other content creators have all
• 1:04:31
  every right to do whatever, you know they see fit as content.
• 1:04:35
  But I think it's important as bitcoiners.
• 1:04:38
  To at least give us a fighting chance, yeah, we're playing the
• 1:04:42
  game. At least give us a fighting
• 1:04:43
  chance on YouTube, At least make us competitive.
• 1:04:46
  Because if we refuse to play their games, then it's just
• 1:04:49
  going to be all, all coin channels.
• 1:04:51
  And that's fine, You know, let them make content about all
• 1:04:53
  coins. That's that's their, you know,
• 1:04:56
  that's their thing. That's what, that's their
• 1:04:57
  prerogative. That's what they want to do.
• 1:04:59
  But but simply Bitcoin. What we want to do is we want to
• 1:05:02
  give a voice to bitcoiners and we want bitcoiners and we want
• 1:05:05
  normies. To potentially fall into our
• 1:05:08
  content and say wait a second, this is there's no speculation
• 1:05:14
  in this, but this is fun, this is cool, and then hopefully they
• 1:05:17
  become bitcoiners themselves. Anyways.
• 1:05:19
  Opti, what are you saying? Yeah.
• 1:05:21
  And just to kind of show that like look you, some of you guys
• 1:05:27
  may not like it, We get it. We're trying to play the game
• 1:05:30
  and we're doing our best to not just straight up make stuff
• 1:05:34
  here, you know, just not not make up lies to get clicks here.
• 1:05:37
  We want to deliver. We want to provide as much value
• 1:05:39
  as possible and as much as people think this may be hurting
• 1:05:43
  the channel, I just want to show the numbers here that like since
• 1:05:47
  we fully implemented this on Simply Bitcoin, the channels has
• 1:05:51
  never been bigger. Our chat has never been more
• 1:05:53
  active, like our subscriber numbers have never been higher.
• 1:05:56
  And I think we're doing a semi decent job of getting people to
• 1:06:00
  hang out with us because they enjoyed the content, they enjoy
• 1:06:03
  the entertainment, they enjoy the signal, they enjoy the fact
• 1:06:06
  that, look, we're just two dudes that are noticing things and we
• 1:06:10
  show you guys every single day what they are.
• 1:06:15
  Well, I was going to do it here Nico.
• 1:06:16
  I have the. Don't don't show our internal
• 1:06:18
  statistics. Oh, OK.
• 1:06:19
  OK. But yes, on the Social Blade,
• 1:06:21
  which is public, which is a public, a public show show,
• 1:06:28
  January or August 2022, put your put your thing over.
• 1:06:35
  All right guys, check. Check it out.
• 1:06:36
  So September 2022, the show was pretty, pretty stagnant.
• 1:06:41
  We've implemented all these tactics as much as possible.
• 1:06:45
  You know, we give you guys the shorts, we give you guys the
• 1:06:47
  clips, we give you guys the live show.
• 1:06:50
  We like. We beat our heads every single
• 1:06:53
  day to try to give you guys some headlines, some good titles so
• 1:06:57
  that people will click. We we go, you know, we do full
• 1:07:00
  Mr. B stuff. What are people going to click
• 1:07:02
  on? YouTube.
• 1:07:03
  We are always looking for what the right topics to hit so that
• 1:07:07
  we are on, you know, the zeitgeist.
• 1:07:09
  And since we fully implemented this from August of last year,
• 1:07:14
  the show has never been better. The show has never been bigger.
• 1:07:17
  The numbers are responding to this.
• 1:07:19
  So look guys, if it so happens, we had to click bait a little
• 1:07:24
  bit. It we're doing, hopefully we're
• 1:07:26
  doing it so that more people show up to the channel and more
• 1:07:29
  people become bitcoiners. And and we told you we were
• 1:07:32
  going to do this. We told you we were going to do
• 1:07:34
  this since since day one, since three years ago, before the
• 1:07:37
  channel had under 1000 subscribers.
• 1:07:39
  As a method to the madness, it's literally to get normies in the
• 1:07:42
  door once they get wait, wait, wait, let's respond to this.
• 1:07:46
  You're going for views. What happened to quality signal,
• 1:07:48
  bro? It's one in the same thing.
• 1:07:51
  Go hand in hand. And dude, they go hand in hand.
• 1:07:55
  So and anyways, so and just to kind of give you guys a
• 1:07:57
  reference point of when this was so August, September of this
• 1:08:01
  day, that was when Opti and I started the show together.
• 1:08:07
  And that is really about roughly that time, is when Opti and I
• 1:08:11
  decided to take the show live. Before that, simply Bitcoin was
• 1:08:17
  different. We had a different host.
• 1:08:19
  So like, you know, I know, I know.
• 1:08:20
  A lot of the comments on Twitter were like, look, you like you
• 1:08:24
  guys with your with your title and your strategies.
• 1:08:27
  It's obviously hurting. Like, no dude, the data speaks
• 1:08:30
  for itself. It's doing the exact opposite.
• 1:08:33
  Top roller gets it, Top roller gets it.
• 1:08:34
  If anything, increased the level of clickbait.
• 1:08:37
  So, like, like, there's a method to the madness.
• 1:08:40
  I understand why some people are like, wow, this is, you know,
• 1:08:43
  this sucks. But it's like, yeah, the whole
• 1:08:45
  point is we're trying to get people to click.
• 1:08:48
  So that people could orange pill.
• 1:08:50
  So that people could take the orange pill, so that people
• 1:08:52
  could stop infighting. So that people could stop saying
• 1:08:55
  it's the Democrats, it's the Republicans, it's the left, and
• 1:08:58
  it's the right. No, it's so that people can
• 1:09:00
  understand it's really the party of orange, the party of Bitcoin,
• 1:09:04
  Peace, prosperity, opportunity, freedom versus the party of
• 1:09:08
  green. Nihilism.
• 1:09:09
  Poverty. Censorship.
• 1:09:11
  Slavery. And that's really why we do what
• 1:09:14
  we do. There's a method to the madness,
• 1:09:16
  unfortunately. Packaging is everything.
• 1:09:19
  On YouTube. Packaging is defined as title
• 1:09:22
  and thumbnail. It literally will make or break
• 1:09:25
  a video. And if you don't play the game,
• 1:09:28
  you're going to lose to the altcoin channels.
• 1:09:29
  And that's Yeah, and a couple more comments.
• 1:09:32
  Shouts at the UTXO on rumble. He goes refusing to play the
• 1:09:36
  YouTube game is a low time preference strategy.
• 1:09:39
  OK, we understand. But also I think we deliver
• 1:09:44
  quality signal as every day as much as possible.
• 1:09:48
  And then the last one, I think this is the last one and then
• 1:09:50
  we're going to the meeting, no. No, but hold hold on a second
• 1:09:52
  though, 'cause that's a good point, right?
• 1:09:54
  Refusing to play the YouTube game is a low time preference
• 1:09:57
  strategy. So if we don't play the YouTube
• 1:09:59
  game, we won't grow. If we won't grow, we can't hire
• 1:10:03
  more people. We can't increase our production
• 1:10:06
  value. We can't.
• 1:10:08
  We can't increase our presence on Twitter.
• 1:10:10
  We can't increase our presence presence on Rumble.
• 1:10:13
  So no, that I completely disagree.
• 1:10:15
  If we don't play the YouTube game, we don't grow.
• 1:10:18
  If we don't grow, we can't bring in more people to help us spread
• 1:10:22
  the signal. So I I disagree with that
• 1:10:24
  statement completely. Anyways, Opti, where you going
• 1:10:26
  to say just so many good comments in here, but the last
• 1:10:29
  one and then we're going to the memes, Shouts out to Roman.
• 1:10:32
  He just goes, This segment is unnecessary.
• 1:10:34
  Keep doing what you do. Appreciate it.
• 1:10:37
  Appreciate it. But man, look, we just want to
• 1:10:40
  be as transparent as possible here.
• 1:10:42
  We know what we're doing, you know, We appreciate the
• 1:10:45
  criticisms. We appreciate you guys giving a
• 1:10:47
  shit. If you're trolling with us.
• 1:10:48
  We love it for you guys, and hopefully we create more and
• 1:10:53
  more bitcoiners, because the most important thing is getting
• 1:10:56
  people to download Bitcoin wallets.
• 1:10:57
  That is the most important thing.
• 1:10:59
  And hey, old man builds, BTCI will work on making sure people
• 1:11:03
  know exactly how to download Bitcoin wallets.
• 1:11:05
  I do it all the time guys, so oh actually, one more Big Sean.
• 1:11:09
  It's not the YouTube game or Fiat.
• 1:11:10
  It's human psychology. Learn.
• 1:11:14
  Life guys learn life. Let's get in the memes.
• 1:11:17
  All right, everybody, let's hit the memes.
• 1:11:18
  We got a lot of memes to review. Let's Do it The Daily Meme
• 1:11:26
  Review Yeah. How are our chat?
• 1:11:35
  Our chat is so. Undefeated.
• 1:11:37
  I I love you guys. All right, Roman, one last
• 1:11:39
  comment. No likes, no growth.
• 1:11:41
  So like now. Yes.
• 1:11:45
  Stop. We're almost at 200 likes
• 1:11:47
  within. The first hour, stop what you're
• 1:11:49
  doing right now and like the show, hit that, hit that like
• 1:11:52
  button, hit that like button. Oh my.
• 1:11:54
  Goodness, you guys are amazing. Love you guys.
• 1:11:56
  All right, all right. You guys already know the deal.
• 1:11:57
  This is a meme review where you guys send us memes on Twitter,
• 1:11:59
  Tag me on Twitter. Simply Bitcoin TV drop them in
• 1:12:03
  our telegram group guys just give me the tweets.
• 1:12:05
  I know you guys are you guys do like weird like what's it like
• 1:12:09
  FX dot tweet Just drop me the tweet bro.
• 1:12:11
  I look I'll docs my my my website my my browser to give
• 1:12:18
  you guys the tweets on YouTube. I I get it.
• 1:12:22
  You want to protect users and stuff like that but just drop me
• 1:12:24
  the tweet it it makes my life that much better.
• 1:12:27
  That much easier for you guys for you guys since we do it for
• 1:12:29
  you guys. Tweets are the bullets, Me, each
• 1:12:30
  of the artillery. We are in an information war,
• 1:12:33
  guys. Hence why we clickbait here
• 1:12:35
  every once in a while to get people to understand that there
• 1:12:38
  is an information war going on. Humans are funny things.
• 1:12:42
  We are doing whatever we can to to be talking heads about signal
• 1:12:48
  spreading that Bitcoin signal. It's all that matters.
• 1:12:51
  All that matters is getting people to download Bitcoin
• 1:12:54
  wallets if making. Them FOMO into downloading a
• 1:12:59
  Bitcoin wallet is a crime. Then I guess I am a criminal.
• 1:13:03
  Anyways, Tweets are the bullets, memes are the artillery.
• 1:13:06
  Keep doubling down, keep sending me memes keep spreading that
• 1:13:09
  signal. This is the way.
• 1:13:10
  All right 1st meme is by stamps and it goes hashtag.
• 1:13:13
  Bitcoin is money that Bitcoin is money that cannot be devalued,
• 1:13:16
  cannot be centralized, cannot be easily surveilled, cannot be
• 1:13:19
  monopolized by corporations, cannot be impressed more.
• 1:13:23
  That's a weird one. I think this is BTC therapist.
• 1:13:26
  That one anyways can be can be easily accessed by anyone.
• 1:13:32
  We do our best to spread the signal.
• 1:13:35
  Show people that Bitcoin is digital scarcity hard capped at
• 1:13:38
  21 million, censorship resistant, permissionless.
• 1:13:41
  This is the way so that more people know why we Bitcoin.
• 1:13:45
  Once you know why you huddle, the huddling becomes easier.
• 1:13:48
  So continue to spread the signal.
• 1:13:50
  Continue to propagate the memes. This next one, I love it.
• 1:13:53
  Full throttle huddle goes. This is what generational wealth
• 1:13:55
  looks like in my family. If you know, you know.
• 1:13:57
  And it's just some washers, do you know?
• 1:14:01
  I hope you know. I hope your seed phrase isn't
• 1:14:03
  just on a piece of paper in your sock drawer.
• 1:14:06
  Anyways, next meme is by hoarding SAT AKA collector of
• 1:14:09
  sats and he goes hashtag Bitcoin and I love this one Thomas
• 1:14:13
  Jefferson. We must not let our rulers load
• 1:14:15
  us with perpetual debt and our rulers.
• 1:14:19
  It's Leonardo DiCaprio and Django with the and it's a
• 1:14:23
  picture of the US national debt We are inching in on $34
• 1:14:26
  trillion. And again, let me just remind
• 1:14:29
  you what Jefferson said. We must not let our rulers load
• 1:14:32
  us with perpetual debt. And if I need to give you some
• 1:14:36
  context, go to US. What's it U.S.
• 1:14:39
  Debt clock? Look at the national debt on the
• 1:14:42
  left side in red, and then look at the amount of taxes that they
• 1:14:46
  collect right next to it in the bubble, right next to it in
• 1:14:48
  green. And it is nowhere near feasible
• 1:14:52
  to pay that off. We are stuck in perpetual debt.
• 1:14:56
  It is Bitcoin or it is slavery guys.
• 1:14:57
  Anyways next one is by Robinstein AKA at I win
• 1:15:02
  Robinstein and he's quoting this video of Nikki Haley and I think
• 1:15:07
  this is Game of Thrones meme And he goes tyranny is coming.
• 1:15:11
  It is here it is at the door. Protect yourself.
• 1:15:16
  Encourage your friends to protect.
• 1:15:18
  Themselves. Wake them up to the fact that
• 1:15:20
  this is where we are. It is not us reading into
• 1:15:23
  things. It is not us, you know,
• 1:15:26
  confirming our own biases. They are saying the quiet parts
• 1:15:29
  out loud. They are scrambling for control
• 1:15:32
  and shouts out the Bitcoin for life on on rumble, he said.
• 1:15:36
  Opti, I hate when you say they have a monopoly on truth, They
• 1:15:39
  have a monopoly on the flow of information.
• 1:15:41
  I love it. Yes, 100%.
• 1:15:44
  They are doing their best to control the information, but it
• 1:15:48
  wants to be set free and people are waking up.
• 1:15:50
  I'm more convinced of this than ever.
• 1:15:52
  Anyways, next meme is by stacking news and we got someone
• 1:15:55
  here trying to take one of those fancy pictures where they're
• 1:15:58
  holding up the tower of the Leaning Tower of Pisa, I
• 1:16:01
  believe. And here's the economy, it's the
• 1:16:04
  leaning tower and here's the central banks and the central
• 1:16:07
  bankers. And they are not holding up the
• 1:16:09
  building. It is falling in real time.
• 1:16:12
  It is a slow train wreck that you cannot avoid if you are not
• 1:16:15
  opting out of the Fiat Madness. Okay.
• 1:16:18
  Next one shouts at the Big Sean Harris and he just goes hashtag
• 1:16:21
  Bitcoin. Apparently, you know everything
• 1:16:24
  is or what basketball is. Every way Bitcoin is basketball.
• 1:16:27
  What's the meme, Sean? Everything is basketball.
• 1:16:30
  Apparently there was like a fight last night in a NBA game
• 1:16:35
  and we have, I think there's Draymond Green.
• 1:16:38
  I don't know this other guy is. He's choking out the other
• 1:16:41
  player and he goes when it's the next one.
• 1:16:43
  Reserve currency. Buddy really feels like this.
• 1:16:46
  Sometimes when you're talking with people, you get so
• 1:16:48
  frustrated you just you you wish you could implant the ideas of
• 1:16:54
  Bitcoin into people's minds. But hey, remember, have some
• 1:16:58
  empathy. Remember how long it took for
• 1:17:01
  you to become a big corner? And now we are here.
• 1:17:04
  So do your best to be civil a little bit.
• 1:17:08
  Stop being unbearable. It's not going to work by
• 1:17:11
  calling people stupid when you're trying to Orangeville
• 1:17:14
  them guys, remember you need to plant the seeds, plant the seeds
• 1:17:18
  of freedom. And then you get them on the
• 1:17:20
  Bitcoin center. And again, this is the new
• 1:17:22
  theme. Like another angle.
• 1:17:25
  This dude getting choked out on live television and we have
• 1:17:29
  voltage clouds. That's like a live, live shot of
• 1:17:31
  Bitcoin Twitter. Yeah, exactly.
• 1:17:34
  We got voltage cloud. Here it goes.
• 1:17:35
  The only response to lightning network fun.
• 1:17:38
  It's a choke out we are building.
• 1:17:42
  Oh man, Bitcoin Twitter. Undefeated.
• 1:17:44
  Love it, love it. All right guys, drop your meme
• 1:17:46
  review score in the chat as we cover ours.
• 1:17:50
  My meme review score for today. Nico is wow, how am I blinking
• 1:17:55
  on what this is? Oh here it's a cup holder or a.
• 1:18:00
  And it says I love with you crossed out.
• 1:18:03
  I love tacos so much. If you know, you know I am a
• 1:18:07
  huge Taco Maxi. I do love tacos.
• 1:18:11
  I'm going to give it this shout out.
• 1:18:14
  Sir Ulrich, he gave me this bracelet when we when we had
• 1:18:18
  lunch in LA. Separate money from state.
• 1:18:25
  And I wear it every day. That's that's my meme score.
• 1:18:28
  I know people are complaining and Nico's got to step up his
• 1:18:31
  meme score. There you go.
• 1:18:32
  There you go. I stepped it up.
• 1:18:36
  Yeah, your mean scores are trashed bro.
• 1:18:38
  Anyways Anyways. Before we move on, I do want to
• 1:18:45
  give a shout out to our awesome merch guys.
• 1:18:48
  Definitely check it out. You can go to Simplybitcoin dot
• 1:18:52
  com. And you can get yourself a black
• 1:18:56
  tee or you can get yourself an orange hoodie.
• 1:18:59
  It really, really helps supporting the channel.
• 1:19:01
  If you guys want to support us directly, you can send us some
• 1:19:05
  Sats on Lightning or you can send us Yeah, think the
• 1:19:08
  description guys directly on chain but.
• 1:19:12
  On that note, Nico, it really, really helps guys keeping the
• 1:19:15
  show. Independent eventually.
• 1:19:18
  Go back to the QRS. Go back to the QRS.
• 1:19:20
  It's on our website. If if I could figure out how to
• 1:19:24
  put the QR code on restream with it working properly and maybe
• 1:19:27
  we'll have to get in touch with restream about it, it'd be here
• 1:19:31
  on the corner the whole time, but the the software hasn't
• 1:19:34
  caught up yet, so it's in the description of the video every
• 1:19:37
  single day. You can find addresses.
• 1:19:39
  It's on our website. We appreciate it.
• 1:19:42
  We'd love you guys. Thank you exactly.
• 1:19:46
  Thank you guys so much. You can go to simply.
• 1:19:48
  Bitcoin.com and you could help support the show.
• 1:19:51
  It really really really does. Does help anyways.
• 1:19:54
  So trolled on today's Let's get to the Let's get to the meme
• 1:19:57
  scores. I'm getting so.
• 1:19:58
  Trolled on today's meme scores, I can already.
• 1:20:00
  See it? All right.
• 1:20:01
  Ready. You ready for this?
• 1:20:02
  All right, let's do it. Opti's.
• 1:20:06
  Digital ID Mr. Opti Fields Contillionaire, Boyfriend.
• 1:20:10
  September 22nd Opti starts at Simply Bitcoin.
• 1:20:13
  Also September 22nd, Opti and Chrissy's relationship is
• 1:20:16
  revealed to the world. Gilfed can't prove me wrong.
• 1:20:23
  Oh man, Nigel says. I give the meme simply Bitcoin.
• 1:20:27
  Get checking guest private Telegram channels for a bit
• 1:20:30
  before they come on. We don't really do that.
• 1:20:34
  We, we I, I vet you on on Twitter.
• 1:20:36
  So hey, you want to come on VM me the P Man van says.
• 1:20:40
  Meme score. Planting seeds on Opti's back,
• 1:20:46
  Elaine Nikki and Nikki Slash Opti Hooked Hooked up makes
• 1:20:50
  Chrissy go crazy. Opti saves on airfare and can
• 1:20:54
  stack more. Certainly, he can convert Nikki
• 1:20:56
  to Bitcoin. The sacrifices he makes are
• 1:20:58
  awesome. Sacrifices.
• 1:21:03
  Nikki Haley. Chrissy.
• 1:21:05
  Lagarde Opti's just just going in hard man.
• 1:21:11
  OK, skip down the road. The.
• 1:21:14
  Meme scored. There were there once was a man
• 1:21:16
  from Nantucket who kept all his wealth in the Bitcoin bucket, he
• 1:21:20
  said with a grin as he corrected mission.
• 1:21:23
  Bitcoins going up forever, Laura, So F it.
• 1:21:27
  Oh man, that's a great one. Will gives the scores.
• 1:21:31
  Time is a construct. Do you start?
• 1:21:33
  Late, I started later. I'm writing this from your past,
• 1:21:36
  but I'm hearing you say it from my future.
• 1:21:38
  OK, OK, Bitcoin Poems pro gives the memes my new USCCA concealed
• 1:21:46
  carry membership baby. And in Florida, they got rid of
• 1:21:49
  the concealed carry permit. So you can just conceal.
• 1:21:52
  You can just conceal carry as is.
• 1:21:55
  Love the great state of Florida? Anyways, Matthew J Meme Review
• 1:21:59
  Score one Simply Bitcoin hat. We're working on it, bro.
• 1:22:03
  We're working on it, bro. Why undefeated Big Sean Harris?
• 1:22:07
  I give the memes the tears of. Lazy bitcoiners crying about the
• 1:22:11
  hard working bitcoiners? Oh, give that.
• 1:22:14
  Give that. Oh wait, hold on.
• 1:22:15
  Sound. Boards bro.
• 1:22:16
  I I got you. I got you.
• 1:22:18
  Wait. One second.
• 1:22:20
  Yeah, listen. I want this last one.
• 1:22:22
  This last one, if you know you know.
• 1:22:25
  Anyways, Roman. 6 Quesavilla tacos and una unchata if you
• 1:22:32
  know wow dude. By the way, Chata, by the way,
• 1:22:37
  he's he's Venezuelan. No, I don't speak.
• 1:22:40
  I don't speak Mexican, bro. Whoa, hold on.
• 1:22:45
  Let's cancel him. What do you mean, dude?
• 1:22:48
  We have different. We have.
• 1:22:49
  Different dialects, bro. OK, how?
• 1:22:52
  Do you say banana in in Spanish? Fuck if I know.
• 1:22:54
  How do you say banana in Mexico? I don't know.
• 1:22:59
  How do you say it Cambodo? Yeah, Never heard of that.
• 1:23:02
  Yeah, exactly. 'Cause we have different
• 1:23:04
  dialects, bro, so. Yeah, dude, chat, chat.
• 1:23:08
  I've never had that, but I've definitely had Avidia and
• 1:23:11
  they're absolutely delicious. Yeah, the guess avidias are too
• 1:23:14
  much. I think just the vidias by
• 1:23:16
  themselves are delicious. Anyways, great scores.
• 1:23:20
  There's the buzzer. Guys, thank you so much for
• 1:23:23
  tuning into another episode of Simply Bitcoin Live.
• 1:23:25
  If you enjoyed the show, smash that like button.
• 1:23:27
  Consider subscribing if you feel like we provided you value.
• 1:23:31
  But the there you go. Nico Latino.
• 1:23:33
  Exactly. It's different in every country,
• 1:23:35
  brother. Anyways, consider subscribing if
• 1:23:38
  you feel like we provided you value.
• 1:23:40
  But the number one thing you could do to help push the
• 1:23:43
  peaceful Bitcoin revolution is share all Bitcoin content.
• 1:23:49
  Yeah, he's. He doesn't like Mexicans.
• 1:23:52
  This is messed up. You don't like Venezuelans, bro.
• 1:23:54
  Yeah, you're because your. Race is against Mexicans.
• 1:23:57
  You're racist against Venezuelans.
• 1:24:00
  Not Latinos forever. We're taking over this Bitcoin.
• 1:24:03
  This is a this is a minority owned.
• 1:24:06
  Minority owned Bitcoin company owned by his side.
• 1:24:09
  Inclusive. Oh my God, we gotta change like
• 1:24:14
  the cancel. We gotta change the open.
• 1:24:16
  How could we get cancelled? I don't know.
• 1:24:18
  I can already see the SJW is trying to cancel us, but we're
• 1:24:22
  Hispanic. In before we get cancelled.
• 1:24:26
  All right, I'm out with you guys.
• 1:24:28
  Oh, man. Anyways guys.
• 1:24:31
  Like I said, if you enjoyed the show smash that like button,
• 1:24:34
  Consider subscribing if you feel like we provided you value.
• 1:24:38
  Share Bitcoin content. Don't be exclusive.
• 1:24:40
  Be inclusive. Share all Bitcoin content.
• 1:24:43
  Everyone finds you know different Bitcoin content.
• 1:24:46
  You know, they they all have their their, their, their flavor
• 1:24:50
  of choice, so to speak. And love you all.
• 1:24:54
  We love you guys. We would not be here without
• 1:24:56
  you. We appreciate all of you.
• 1:24:58
  And we'll see you tomorrow for a brand new episode of Simply
• 1:25:02
  Bitcoin Live beside everybody.