Latest / Simply Bitcoin / Peter Schiff: Bitcoin is More Popular than Gold | EP 645

Transcript

Peter Schiff: Bitcoin is More Popular than Gold | EP 645 · Simply Bitcoin

0:17
Yo welcome to another episode of Simply bitcoind live today is
0:21
December 23rd 2022. This is going to be the last
0:25
episode of Simply Bitcoin live for the year.
0:30
So it's going to be very special one.
0:31
Today we're going to cover SPF SPF released on bail.
0:38
He paid quite a pretty penny for that.
0:40
So we're going to get into all the details.
0:42
We have all the articles for you guys, like always.
0:44
And, of course, Peter Schiff looks like He's, I don't know if
0:48
you'll ever like completely finally, admit defeat but he did
0:52
say that Bitcoin is definitely taking away from some of Gold's
0:57
popularity. But I mean if you actually look
1:00
at the charts though, like It's kind of like a no-brainer.
1:06
Also really interesting with the SPF thing as well, is that it
1:10
looks like his ex-girlfriend was one of the people that snitched
1:16
on him that led to to his very quick arrest because normally
1:22
when it comes to white collar crime, right?
1:25
There's a long investigative process and then they make the
1:29
arrest years down the road, but it Looks like there was some
1:33
snitches that made that a little bit faster.
1:37
I think that this is, I might be wrong here.
1:39
But from what I understand from my from what I've read, this
1:42
might be the largest bail in American history. 250 million,
1:49
u.s. dollars for SBF. A lot of people were filling
1:52
different ways about this. A lot of people were saying why
1:55
is this guy roaming free? You know like he committed one
1:59
of the biggest frauds in history, what's going on there
2:01
here, x 0? He people we're going to get
2:03
into all that, like always, we have all the receipts.
2:06
We're going to make it a very special last show of the year,
2:09
but first, I want to introduce my awesome co-host.
2:11
The always optimistic. How you doing Opti?
2:14
I am doing wonderful man, excited for this last episode of
2:18
the year to another year down in the simply Bitcoin history
2:21
books. And yeah, man, this is going to
2:25
be an interesting Mika Jones bit.
2:27
I hope you guys saw yesterday because he went in.
2:29
So I'm only expecting another epic.
2:32
Epic Mega, Jones ran. I literally saw this on the news
2:35
with my parents last night and was like, wow, we're making the
2:38
mainstream now. It's all over the news shit
2:41
Corners, make us all look bad. And then to your point man I
2:44
guess no honor amongst shit coronary.
2:46
You know, of course in the culture guys, I told you guys
2:53
I'm going to continue to ring the bell about proof of keys.
2:56
So we're going to we're going to cover proof of keys again.
2:59
And I might do it even when we come back because y'all need a
3:02
Take your Bitcoin into self custody.
3:04
So so we're going to do today, we're going to do, we're going
3:06
to cover a lot lot, to get to. But anyways, let's get two
3:10
numbers. Let's do this.
3:14
The Bitcoin numbers brought to you by novel.
3:18
At this point, you should be running your own Bitcoin note.
3:20
If you don't use your own Bitcoin node, you're trusting
3:23
someone else's run your own version of Bitcoin core.
3:26
The lightning Network, whirlpool, and Dojo all from the
3:29
comfort of your own home. And if your digital Nomad, you
3:33
have absolutely no excuse because now you can run a novel
3:36
through a virtual private server.
3:37
Visit not L.E you today All right, everybody at the time of
3:41
recording the Bitcoin price is 16,000 838 the SATs per dollar.
3:45
We're at 5939 SATs per dollar block height, 760 8655,
3:51
reachable Bitcoin nodes. Fourteen thousand.
3:53
Six hundred thirty three blocks of the happening or the having
3:56
70 1345 having estimate, April 25th, 2024.
4:01
Total lightning network capacity 5121 Bitcoin.
4:04
The Fiats value of that is around 86 million, u.s. dollars
4:08
in the realized monetary inflation.
4:10
We are sitting at one point seven six percent and the market
4:14
capitalization of Bitcoin is at 324 billion dollars with a be
4:21
anyways today before we get into the SBF news.
4:26
How Marvin dictation more Vindication more.
4:29
This is just great and and incense weird because we usually
4:33
never pull up charts for you guys simply Bitcoin but we're
4:36
going to make we're going to pull up the charts.
4:38
Not for speculative reasons, right?
4:40
We're going to pull up the charge just to make the case,
4:42
right? It's just man.
4:45
Look the tragic part about the gold bugs is that they were
4:49
right about a lot of the things that they were saying.
4:52
In fact, they were right about most of the things that they
4:54
were saying they just Have the tool wrong.
4:57
And what I've noticed is that a lot of people have trouble
5:00
letting go and personally, I'll tell you guys this, I'm a big
5:04
fan of physical gold, like actual gold that, you know, you
5:10
could actually hold onto problem is that most people when they
5:13
buy gold or most gold, that's traded is paper gold right.
5:19
And it's a lot harder to take self custody of your gold.
5:23
So what tends to happen is there's a there's a Item of
5:27
rehypothecation. And there's a, there's a crap
5:29
ton of manipulation of the price.
5:32
Right? So of course, you know, Bitcoin
5:36
can suffer and Catelyn. Long has talked about this many
5:38
times about, you know, the potential dangers of Bitcoin, a
5:42
reef hypothecation. We had the recent FTX blow up
5:46
right where it was shown clearly that they were selling Bitcoin
5:50
of which they did it have. But the fundamental difference
5:53
between the two is that try taking self custody of a million
5:57
dollars or the gold versus try, taking self custody of a million
6:02
dollars, a Bitcoin? No, let's make it a billion
6:04
dollars or the Bitcoin, it's the same as taking a self custody of
6:08
a dollar of Bitcoin, it's the same thing, right?
6:11
It like you gotta you know, you you you create a seed phrase,
6:17
right? Whether you're relying on a
6:18
random number generator, you roll some dice, you know, you
6:21
create a seed phrase, you write down those 12 words, you know,
6:24
you put that on a hardware. Wow.
6:26
It right and boom. There you go.
6:29
You know you could receive Bitcoin, use your favorite
6:31
wallet of choice. Now try, try doing that with
6:34
gold, you're going to have to pay armed, security guards, you
6:36
can have to pay for the transportation.
6:38
Well, you know, there's been there's movies about gold
6:41
heists, you know? Cuz it's hard to transport
6:44
because it's so hard to transport the centralization of
6:47
the custody of gold is what happened.
6:50
And that's what led FDR. That's what made it.
6:53
So easy for FDR to see. These Americans gold, when he
6:57
made it illegal for American citizens, to hold a medal back
7:02
in the 1930s, right? So the infamous 610 to order so
7:06
gold failed were Bitcoin is succeeding and anyways and I
7:11
think that's why perhaps you're seeing you're going to see more
7:15
not perhaps that's why you're seeing more interest in Bitcoin
7:19
versus something like gold. Anyways, crypto skeptic, Peter
7:22
Schiff, admits gold partly lost interest due to big.
7:26
Coins growth Bitcoin was performing right and it was
7:30
going up while gold was going sideways.
7:32
But Bitcoin was marketed as digital gold.
7:34
That was a whole selling point. I think that the margins took
7:37
away some demand from gold. I mean maybe there was some
7:40
institutions that would have bought gold but because Bitcoin
7:43
was there competing with it, they didn't buy gold.
7:46
Maybe they didn't buy Bitcoin either.
7:48
He said, I don't know about that.
7:50
It looks like a lot of institution.
7:52
I mean, look black rock. We know I mean they don't,
7:54
they're not buying it directly but I know.
7:56
Oh that they're offering it to their clients.
7:58
We also know that Fidelity has trillions of dollars under mass
8:02
amount under management offering that to their clients right now.
8:06
Let's look at the performance of gold.
8:09
Over the last decade. Right here is a chart for audio
8:12
listeners. I'll try to describe it.
8:14
It's a chart going from 2011. The last Gold Peak was September
8:19
September, August of 2011, and reached a price of 18, thousand
8:23
nine hundred and five and four little Lie about a decade, an
8:27
entire decade, it took for Bitcoin or sorry, for gold to
8:30
reach another all-time high. It reached an all-time high of
8:34
2066 dollars in a decade. The rule of thumb is that you
8:40
should double your portfolio in the stock market.
8:42
So if you're holding a hundred dollars in the stock market, it
8:45
should reach $200 right here. Gold didn't even double man.
8:50
Literally a terrible performance.
8:53
In fact, it's below right now. The Ember 22nd December 2020 to
8:59
it is below its all time high of 2011.
9:02
Now, if you compare that with Bitcoin, it's a totally
9:06
different story. It's, let's go B chart doesn't
9:09
even go back 10 years. But let's start from 2016
9:13
because it looks like that's when they're really, you know,
9:15
or 2015 better said, that's 2014.
9:18
That's when they were paying attention to the prices.
9:21
So the price in 2014 was about three hundred and sixteen
9:24
dollars. And now Even after an eighty
9:27
percent, correction Bitcoin is still sitting pretty at
9:30
seventeen thousand dollars. So, yeah, obviously, you know,
9:33
if the price of gold can even double over a period of 10
9:37
years, clearly people are losing interest in it.
9:40
You know, I would make the case that there's a lot of
9:42
manipulation in there. That's, that's, you can make,
9:45
you can make the argument that there's a lot of downward
9:49
downward manipulation pressure from governments, right?
9:53
That I've seen that case made before but the They're able to
9:56
do that easily is because of the centralization of the custody of
10:00
gold, if it's a large amount of gold, most likely it's in a
10:04
bank. Vault you have to take that
10:06
Banks, you know, word for it in terms of auditing, right.
10:10
You know, there's this conspiracy theory that Fort Knox
10:14
doesn't have all that gold. I mean it like but we can't we
10:19
don't really know. You have to take their word for
10:21
it. Right?
10:22
Bitcoin is an open, it's an open public Ledger.
10:26
You know, don't trust verify, you know, that a lot of these
10:29
exchanges right there being pressured right now.
10:31
Hey just you know, just release your audit.
10:34
Like just let us know, it's a public Ledger, they don't want
10:36
to write. So man, it's I think Bitcoins
10:40
going to succeed where gold failed.
10:43
Even though I am a big fan of physical gold.
10:46
I just don't think that it is the appropriate tool to separate
10:51
money from State even though a lot of the original ideas from
10:55
the gold bugs. Were the right ones.
10:56
They just didn't have the mechanism in order to do that.
11:00
I think the gold standard failed and the reason the gold standard
11:03
failed is that it was inevitably co-opted by government, right?
11:09
It was inevitably co-opted. They were able to co-opt it, and
11:13
I think a lot of that is due to the centralization of the
11:16
custody of it. And I think because of Bitcoin,
11:19
the because of how it was released, its release schedule,
11:23
right? The having every, you know,
11:24
every Every four years, I think that it has it stands a much
11:29
better chance to actually achieving the separation of
11:32
money and state. I mean, think about it and this
11:34
is the example that I always give to everybody what I'm
11:37
talking about this. Like if you go to CVS, are you
11:39
go to CVS right? You're going to buy the, you
11:41
know, like a pack of gum or some beer, whatever, you know,
11:44
whatever floats your boat, right?
11:46
Like are you gonna like pull out like a like a bar of gold out of
11:50
your pocket with a little chisel like like give it to the
11:53
counter. Like and then you expect like
11:55
the Listen to like way it like alright we're going to go back
11:58
to gold coins like that's not gonna happen like now like it
12:01
literally it's a QR code, you scan a QR code and whether it's
12:05
a dollar or $2 or $3 or a million dollars or billion
12:09
dollars, it's the same thing. It's the same process, right?
12:12
You put how much Bitcoin you're sending it to the address.
12:14
You either scan the qr-code you copy paste whatever floats your
12:18
boat it's just it's easier to transport.
12:21
That's the reality and also not to mention its decentralized
12:25
meaning that it can And successfully would stand that
12:28
attempt of government to try to co-op the network.
12:32
Anyways, Opti. What are your thoughts on this?
12:35
I mean, like, is he slowly conceding?
12:38
Look, we all know everyone. Bows down to the king,
12:41
eventually. Okay.
12:42
Everyone, everyone bows down to the king.
12:45
The king is Bitcoin, right? Is this, Peter shift coming to
12:48
reality? Is he finally coming to terms?
12:51
He's not incentivised to come to terms with it, but maybe we're
12:55
making Progress. I don't know what are your
12:57
thoughts? Well, I mean in regards to Peter
13:00
Schiff, I don't think he will ever admit to being a bit
13:03
coiner. I am convinced.
13:04
He either not, maybe not directly hold Bitcoin but you
13:09
know, through his son is already a bit corner.
13:11
I'm convinced that this is all theater art.
13:13
This is just him incentivised to continue to push gold as an
13:17
alternative to the Fiat system. It's like you know his I think
13:21
it was his dad or his grandpa or whatever like he's just hard
13:24
money advocate. He That's it.
13:26
You know, he's an End the Fed kind of guy so I'm almost
13:29
positive that Peter Schiff secretly is a Bitcoin ER like
13:33
unless he's just so blinded by his Gold bags and is just such a
13:37
boomer that he can't admit that Bitcoin is better.
13:39
Then I am convinced he's already is a bit corner but to his point
13:43
you know, like Bitcoin is coming for Gold's market cap.
13:45
I'm looking over here at Clark Moody's dashboard and it says
13:48
the Bitcoin a gold market cap is two point six nine percent.
13:51
So we have a lot of space to go. What's the gold market?
13:56
At-bat like ten trillion dollars so you know, Bitcoin will
13:59
eventually eat that. Mark cattle.
14:01
We will grow there, by the way, one Bitcoin passes that market
14:05
cap to single price of one. Bitcoin will be half a million
14:09
Booth, don't get him Hopi. Amico don't feel with the Hokey
14:13
Pokey I'm sorry of gold you know gold lost a Bitcoin already in
14:25
my opinion like you can't Send Bitcoin around the world in ten
14:27
minutes. Gold is just not designed for
14:29
the digital world. Gold was good enough in the past
14:31
when we didn't have the internet and information moved a lot
14:36
slower. But now we have a money that is
14:38
designed for the digital world one that we can interact with
14:41
someone across the globe in minutes and gold could never do
14:45
that. So you know Bitcoin is superior
14:48
than gold and this is uncontested.
14:50
Just once you understand what is going on with the Bitcoin
14:53
Network and as a software it's like gold.
14:56
It never ever beat Bitcoin. It just these are the facts of
15:00
the matter and then furthermore to that chart, man.
15:03
Dang going a site going sideways for a decade in Bitcoin.
15:08
Absolutely wrecked like oh man, no wonder, he's just so, so tied
15:15
to his bags. After this point you can't, you
15:19
just, you can't like, you can't give in now, you know, he's
15:22
just, he's made it his whole personality.
15:24
He can't stop being A gold bug and it's a point that you and I
15:28
talked about all the time off the show and, and even on the
15:31
show, it's like the gold bugs. They had the right idea, they
15:35
just didn't have the right tools and now we have that tool and
15:38
it's Bitcoin. So, you know, if these gold
15:42
bugs, don't eventually at least bend the knee a little bit to
15:46
bitcoin, then you have to kind of wonder, whether they really
15:49
are in the hard money fight against Fiat, money or whether
15:53
they are just trying to get Fiat games with their goal.
15:55
Bag. So it's like, you know, I've
15:58
said all the time on the show if people aren't backing Bitcoin,
16:01
what are they doing? They're either nefarious.
16:03
Or they just don't understand what is exactly going on in the
16:06
digital world and they got to catch up.
16:07
Bitcoin is meant for the digital world.
16:09
Bitcoin is meant for a world with the internet.
16:11
Bitcoin is the internet native money and it's just Superior on
16:16
all aspects and someone said it in the chat very well, let me
16:20
see if I can find it. They said gold gold can't be
16:24
Bitcoin on this property because Bitcoin is better in time and
16:28
space and gold is just good through time.
16:30
And this is the world that we live in Bitcoin can literally be
16:34
sent across the globe in 10 minutes.
16:36
Gold could never do that. Yeah, 100% facts. 100%, dude.
16:42
And let's see, let's see, let's see, let's see where this ends
16:46
up. Anyways, everybody, we're going
16:47
to talk about SBF. We're going to talk about the
16:49
founder of one of the largest chick.
16:53
Coin exchange has released on bail.
16:55
Let's check it out. The Daily News brought to you by
17:01
block stream. Jade built by bitcoiners for
17:04
bitcoiners. It's an open-source Hardware
17:06
wallet for the cold storage of Bitcoin block stream.
17:09
Jade houses a full-color camera allowing for fully are gaps.
17:13
Bitcoin, transactions, scan and display QR codes directly on the
17:17
device to sign, transactions and verify addresses.
17:20
With ease, use your block stream.
17:22
Jade with your favorite wallet software such as the block
17:25
stream, green, blue wallet. From and Sparrow get yourself a
17:29
block stream, Jade today and take self custody of your
17:32
Bitcoin. All right, so first, let's talk
17:35
about spfs girlfriend. Apparently caraline, Ellison,
17:41
former act, ex-girlfriend of SBF.
17:45
The former Chief Executive L made a research and Gary Wang.
17:48
A former, a founder of FTX are cooperating in the federal
17:52
criminal case against mr. Venkman freed oaf bro.
17:57
Bro, bro. Rough bro.
18:02
Rough X-Men X snitching on SPF. That's that's that's rough dude.
18:08
But I mean look, I almost feel bad for the guy.
18:11
I almost feel bad for the fact that he spent, you know, a
18:14
couple nights in a Bahamian, prison his whole kind of world
18:19
crumbling around him. I'm almost certain in the fact
18:22
that he's definitely going to serve prison time at this point.
18:27
But at the same time he didn't be really.
18:29
He was released from the also his friends, his ex-girlfriend
18:33
her snitching on him, like this kind of sucks.
18:36
But I mean this is what happens when you fucking scam people out
18:39
of billions of dollars. Anyways, to former top
18:42
Executives of sandbag been freeze crypto trading.
18:44
Empire have pleaded guilty. Why it's so funny because it's
18:48
always the shit coined like it's always the shit coin exchanges
18:51
where the shit fuckin happens and it's always a chicoine
18:54
exchanges. Anyways to former top Executives
18:57
of Sam Blankman fried's crypto trading, empire have pleaded
18:59
guilty to Federal Criminal fraud charges and are cooperating in
19:02
the prosecution of the disgrace crypto entrepreneur.
19:05
The US attorney for the southern district of New York said on
19:07
Wednesday night. The two are caroling Ellison 28,
19:11
who was a chief executive of the crypto currency hedge fund, all
19:13
made of research and Gary Wang, 29 of a founder of FTX to crypto
19:18
exchange. They were key.
19:19
Lieutenants and mr. Venkman fried's vast.
19:22
Business, Empire and international web of Investments
19:25
and Enterprises, that begin with the founding of helmet.
19:27
Ft x to Federal Regulatory Agencies is Securities and
19:31
Exchange Commission. And the commodity Futures
19:33
Trading commission, also filed a civil fraud charges against mr.
19:37
And mrs. Ellison and mr.
19:39
Wang on Wednesday building, on fraud complaints, they brought
19:42
against mr. Venkman freed last week, the
19:44
guilty, pleas, and cooperation, Agreements are a major advance
19:47
in the federal prosecution of mr.
19:48
Venkman freed who is in US, custody after agreeing to be
19:52
extradited from the Bahamas to face trial and the southern
19:55
district of New York, Ork so dude freaking crazy anyways.
20:03
Looks like SPF was released on 250 million dollar Bond and ft
20:08
x. Now it's really interesting
20:09
because not too long ago. He was saying he was broke.
20:14
To my knowledge I have basically nothing left.
20:18
You know basically everything I had was invested in the
20:20
business. I expect I'm going to have
20:22
nothing at the end of this. I ain't got a hundred thousand
20:25
dollars left in my bank account. Well last I checked and I think
20:28
I have, you know, One credit card.
20:31
Working with that right now earlier this summer, you thought
20:34
you had 132 billion probably 20 but a whole lot more than I do.
20:39
Now I can't imagine what it feels like to go from twenty
20:41
billion dollars to a hundred thousand dollars.
20:43
Yeah, I mean, it's been a really, it's been a really
20:49
humbling fallen in a lot of ways, fucking lie, just another
20:54
lie, just lie after lie, after lie, after lie after lie.
20:58
So it looks like he had a lot more money than a hundred
21:01
thousand dollars. By the way, the way that the
21:03
Bales work is that they don't have to put up the full 250
21:07
million. It's around 10%, so really has
21:09
to put up 25 million but still the jump from a hundred thousand
21:13
to twenty. Five million is A big ass jump.
21:15
Where you get that money from, huh?
21:17
I thought he was broke. Anyways so let's check out some
21:20
of the details. Sammy freed was released on a
21:22
250 million dollar bailout package after making his first
21:26
u.s. court appearance to face fraud.
21:28
Charges over the collapse of FTX the crypto currency exchange.
21:31
He co-founded Shackled and wearing a blue suit.
21:34
An unshaved Bank been freed up here Thursday before a
21:37
Magistrate Judge for the bail Hearing in Manhattan federal
21:39
court, he did not enter a plea which will take place later
21:43
before the judge presiding over. Case his next appearance is
21:46
scheduled for January 3rd. The bail package includes a 250
21:50
million dollar personal recognized Bond secured by his
21:53
parents house in California which federal prosecutors.
21:56
Nicholas Russo said is one of the largest prayer pre-trial
21:59
Bonds in US history and turn. Its terms require him to stay
22:03
with him with them and submit to electronic monitoring Bank.
22:07
Been freed 30 was charging indictment, unsealed December
22:10
13th by Manhattan Federal prosecutors with orchestrating a
22:14
years. Long fraud in which he used
22:16
billions of dollars of FTX customer funds for his personal
22:19
expenses and high-risk best through the exchange sister
22:22
trading house. I'll made a research ft x
22:25
collapse reverberated across an already embattled cryptocurrency
22:29
industry, prompting calls for further regulation as well as
22:32
accountability for those. Who led the exchange.
22:34
It was a stunning downfall from for banquet freed.
22:37
A leading industry figure who once estimated to be worth more
22:40
than 25 billion dollars and had emerge as a major political Go
22:45
donor, talk about a downfall and it mentioned some of those
22:48
regulations and it looks like that is giving the politicians
22:52
in Washington, d.c. the necessary, excuse, right?
22:56
In order to justify a clampdown. Now look, we saw the move by
23:02
Elizabeth Elizabeth Warren, it was crazy.
23:06
They told us exactly what they want to do, what they told us
23:11
exactly where they stand, what they want to do, how they They
23:14
see Bitcoin. It was basically a band it would
23:16
require software developers to register with the United States
23:22
government before contributing code to bitcoin.
23:27
Apparently that bill was too extreme to pass.
23:31
But I do suspect that this is going to.
23:33
This FTX blow-up is definitely going to put a lot of pressure
23:37
on the SEC and Gary Gensler to regulate the industry
23:42
specifically regulate the Till currency industry.
23:46
So this really is going to be potentially a death nail for
23:51
shit, coronary in the United States and the mother Jordan.
23:54
A lot of the capital inflows into the crypto industry do come
24:00
from the United States so this is an end to that.
24:03
I see OBS, this is an end to launching shit coins and
24:07
potentially hopefully as a Bitcoin ER I do hope that this
24:11
is an end to aetherium. As well, man.
24:15
A theorem, we know had a huge pre mind aetherium.
24:18
We know, etherium, we know is highly centralized as well.
24:24
A theorem, we know is controlled by basically, vitalik, they've
24:28
had chain rollbacks as well, right?
24:31
And, and, and to be honest with you, one of the things that one
24:34
of the, one of the pushbacks that I always get from people
24:38
that I'm trying to orange pill specifically like older
24:40
gentleman that very successful. And like, hey look you know, I
24:44
mean, you know, it's decentralized government, you
24:46
know, can't censor it. The government can't debase it
24:49
and they're like, they always, they always bring it up there,
24:51
like, oh, but what about aetherium is performance, you
24:53
know, and a half to go down that explanation and going down this
24:57
thing. So eventually if aetherium does
24:59
get labeled a security, you know, even though I'm not a big
25:03
fan of the government picking and choosing winners and losers.
25:08
I mean, it is what it is. Etherium is a security, it is a
25:12
security, right? But Michael Seiler said, It
25:14
perfectly on that interview the other day.
25:16
Anyways, let's get into some of the details of this article.
25:19
The scc's crypto. Crackdown is just getting
25:21
started after FTX blow up the Securities.
25:24
Exchange Commission is just getting started with its
25:26
Crackdown on crypto firms that refused to abide by its rules
25:30
SEC, chair Gary, Glen Zur sent an interview Thursday that the
25:34
agency's patience is wearing thin for digital asset exchanges
25:37
and other firms that that shirk its regulations just hours
25:41
earlier the Watchdog which had already filed a lawsuit against
25:44
TX co-founders and Bank. Were freed sued, two more
25:47
predominant. Crypto Executives for their
25:49
alleged roles in the collapse of the digital asset exchange.
25:52
The runway is getting shorter to start following rules and
25:55
register with the agency said genzler, the casino and the wild
25:59
west are non-compliant intermediaries, although he
26:03
declined to identify firms facing scrutiny or comment, on
26:06
where the FTX probe may go Gary again, sir, warned about a
26:10
number of practices that are rampant in the industry, right?
26:14
So this would be the death nail for exchanges like coinbase
26:19
which we know about fifty percent.
26:20
Fifty seven percent of the revenue of coinbase is coming
26:24
from selling security tokens, right?
26:27
It would be the death knell for them and hopefully you know, I'm
26:32
divided on this Opti I'm so divided on this because there's
26:36
a part of me that's like yes it'd be great if aetherium was
26:39
labeled a security but then the kind of realist in me is like
26:43
no. It needs to etherium needs to be
26:46
beaten on the free market that needs to be beaten that way.
26:50
I'm not a fan of government intervention and let's take a
26:53
look and I highlighted some of these charts as well.
26:57
Let's take a look at how crushed coinbase is stock is performing,
27:03
which is absolutely ridiculous. It looks like an absolute shit
27:06
coin. Right here we go.
27:08
Literally going from 300 411 $316.
27:14
There's all the way to 36:58. Here's a theory of knows, the
27:17
theorem UST. Let me pull up etherium BTC,
27:21
which is what you should actually be looking at.
27:24
Now, that's the wrong one. Where is it?
27:28
Here we go. Bitfenix, here we go up.
27:33
So I think IM B, TC aetherium still hasn't crossed the
27:37
all-time high in terms of in Bitcoin terms of the 2017,
27:42
all-time high, right? So again if you're looking at a
27:45
theorem and USD you're sitting pretty, but if you're looking at
27:48
a theory, mm and your companion, you're comparing it to bitcoin.
27:51
You're still down compared to the 2017, all-time high.
27:55
So it looks like the exchanges the shit coin exchange coin
27:59
basis. Shit coin coin.
28:00
This casino and also a theorem itself and this is the shit
28:07
coins man. The fucking shit coins.
28:09
They leave a bad taste in my mouth and it's financed necks.
28:13
That's another big question spine and snacks, who knows?
28:17
Who knows. Definitely a lot of rumors going
28:20
around. Feel bad for SPF, not really
28:25
kind of a piece of fish, kind of a piece of shit.
28:28
A lot of people are likewise and he still remaining in.
28:30
In prison. I mean, look, it's another.
28:32
It's kind of like the reason why as to iy was divided about like,
28:37
oh yeah, there's a part of me that's like yes, a theory of
28:40
mrs. Security label is Security.
28:41
In the part of me is like no I don't want the government
28:43
getting involved. Look, one of the Protections in
28:46
the u.s. is you're innocent until you're proven guilty and I
28:49
think that's a good thing, right?
28:50
That protects individuals from from the state, right?
28:55
You know, it sucks. I'm sure they're going to put
28:56
like an ankle monitor on him. I don't think they're going to,
28:59
I don't think he's gonna just disappear.
29:00
Pierre. But at the same time, I am
29:03
empathetic and I do understand a lot of people.
29:06
When they say man, I wish they'd just, you know, kept them in
29:09
prison and locked away the key because he definitely is guilty.
29:12
And I'm pretty confident in saying that he's definitely most
29:15
likely going to serve jail time. Also, anyways, Opti, what are
29:18
your thoughts on all this, bro? We're pulling off the charts.
29:21
Pulling up China, dudes, felony, dude, I just wanted to show that
29:25
like coinbase is stock is literally fucking acting like
29:28
SharePoint. It's literally acting Yeah.
29:33
And for anybody who's watching because I know that we have a we
29:36
have a lot of fucking. We have a lot of haters dude in
29:40
Bitcoin terms etherium still has not made an all-time high and
29:45
never will never will. All right well front let's start
29:50
in the beginning. You started this with the ex
29:54
ratting out on SPF and and the other high-level FTX executive
29:59
and it's And I'd like the joke I made in the beginning, you know,
30:02
All is fair in love and shit coins.
30:04
So you know obviously there is no honor among shit coin or
30:10
thieves and this is just the modern world seeing it play out,
30:14
but I think there's a point to be made about the bond price
30:17
being one of the biggest. I think it's very telling about
30:20
how they want to paint Bitcoin and chicoine markets right now
30:23
and it's something. We've been saying in regards to
30:26
FTX for a while, this is going to be used and is low-hanging
30:29
fruit for The Regulators. Has and they will continue to
30:32
try to use this to regulate Bitcoin and shit, coin markets.
30:35
And my opinion regulations will not work and you know, like
30:39
Bitcoin Bitcoin will just out-compete on the free market.
30:43
And it's something that someone said on Twitter, that, that was
30:47
kind of very interesting considering that we brought up
30:49
Gary Gensler. And I'm pretty sure we brought
30:52
in all the receipts on the show and the fact that there is a lot
30:55
of very coincidental connections between Gensler, And his old
31:03
academic co-worker, which happened to be Caroline's,
31:06
father. And, you know, there's there's
31:08
some weird connections going on there, so someone put it up on
31:11
Twitter, which is, I thought it was a pretty interesting comment
31:14
was, like, is this against there being like a lookout consumer.
31:17
We are trying to protect you or more of a look, the other way
31:21
because I might have been caught up as collateral damage and we
31:24
will see a lot of collateral damage come out of this SPF TX
31:27
debacle as we have seen, but either way, Shit Corners make us
31:31
all look bad and it kind of sucks that the biggest news
31:35
story in regards to the Bitcoin shit coin space has to be in
31:39
regards to a fraudulent exchange, you know, selling
31:44
paper Bitcoin and it blowing up. And of course, to nicko's point
31:48
like, we are adamant Auntie Staters.
31:52
And we do not want the state to defeat eith.
31:54
We'd much rather like to see the free market choose Bitcoin as
31:57
the best coin out there. But, you know, the state Age
32:00
going to do what the state does and you're just better off to be
32:04
holding Bitcoin there, everything's a security, nothing
32:08
passes, the Howey test. But Bitcoin, I think we've
32:10
covered this a lot on the show and, you know, it just, it is
32:14
what it is. This is where we are in the
32:16
story, guys, and as much as we want to hope that this won't
32:22
ever happen. Again, I am pretty sure in four
32:23
years, we will see probably a more A bigger institution with a
32:30
better name, blow up. And we will be talking about the
32:33
same story once again. So we will continue to beat the
32:36
drum of self custody. Take your Bitcoin in the stuff
32:38
custody, which is why we're going to do the culture and I'm
32:41
proof of keys. Anyways, man proof of keys
32:45
today. Absolutely, I'm absolutely
32:48
insane to watch this SPF debacle, play out this Saga.
32:53
Play out in real time and we'll see how it ends.
32:55
I'm sure it's going to have some crazy, some crazy twists and
32:58
Turns by the end of this one and we get to cover it.
33:01
Are you expecting fireworks? I always expect fireworks.
33:04
I got my popcorn stock ready? I do hold stocks.
33:10
Yeah, me neither stocks are shit.
33:11
Coins. Bitcoin only, baby.
33:13
Alright everybody, let's get to news.
33:14
Let's do it. The Daily News brought to you by
33:20
block stream. Jade built by bitcoiners for
33:23
bitcoiners. It's an open-source Hardware
33:25
wallet for the cold storage of Bitcoin block stream.
33:28
Jade houses a full-color camera allowing for fully are gaps.
33:32
Bitcoin, transactions, scan and display QR codes directly on the
33:36
device to sign, transactions and verify addresses.
33:39
With ease, use your block stream.
33:41
Jade with your favorite wallet software such as the block
33:44
stream, green, blue wallet. From and Sparrow get yourself a
33:48
block stream, Jade today and take self custody of your
33:51
Bitcoin. We're doing the memes first.
33:55
And then we'll do the culture. Yeah, I believe that, what are
33:58
you played the news? So we're all mixed up.
34:00
Oh, crap, I paid. All right, I'm sorry guys.
34:05
Okay, we will do it manually. We will do it manually, guys.
34:10
I want to tell you about Swan Bitcoin down.
34:11
Calm best place to stack SATs by bitcoiners.
34:16
Or bitcoiners stack any size of Bitcoin from $10 to 10 million
34:21
dollars. The incentivize dollar cost
34:24
averaging and self custody guys, in my humble opinion best place
34:29
to buy Bitcoin. Visit Swan Bitcoin.com today.
34:32
What are you waiting for? Also if you like if you use the
34:35
pro, if you use simply Swan Bitcoin.com, simply Bitcoin and
34:39
you sign up you get $10 for free with your first purchase as
34:43
well. Anyways, Opti what's what?
34:46
Are we doing on the culture today?
34:49
Shuts out the beca, Anika drinking Bailey's with his
34:52
coffee this morning. Dude, I'm I'm I'm running on
34:55
fumes. I'm so excited for this break.
35:00
I'm so excited for this break, amazing?
35:02
Okay, guys. Well, I covered this bit last
35:06
week, last Friday, and I told you guys I'm most likely going
35:09
to cover it again because not only is this, a Bitcoin holiday.
35:14
But this is something we tell you guys.
35:16
Every single day take Bitcoin into South custody.
35:19
South custody is a revolution. Well as bitcoiners we created a
35:23
holiday out of it so January 3rd if you don't know if you're new
35:27
to bitcoin is a Bitcoin holiday. As you can see right here this
35:31
is on bitcoin Doc Holliday. And anyway 3rd 2009 was when the
35:36
Genesis block Was Mine by Satoshi Nakamoto.
35:39
This is the official birth of the Bitcoin blockchain and I'm
35:42
I'm sure I'll cover this again on January 3rd when we come
35:45
back. And if you Now the Genesis block
35:47
is the first walk of of Bitcoin of the time chain with the
35:51
infamous message of the chancellor on the brink of
35:54
second bailout. I'll go into that, on January
35:57
3rd when we come back but we have turned this into a holiday
36:02
because we know that Prince of proof of reserves is not a
36:07
legitimate way to audit these exchanges.
36:09
We need Bank runs on the exchanges, and this is what we
36:13
try to instill in you guys every single day.
36:16
Have you taken your Bitcoin into Cold Storage?
36:19
I don't care how you get your Bitcoin, but I know a lot of you
36:24
guys are using exchanges out there.
36:26
And if you are using an exchange, you got to make sure
36:29
you move your Bitcoin into Cold Storage.
36:32
Find that inner peace when you know that your Bitcoin is under
36:35
your control under a seed phrase that you control in a wallet
36:39
that you control, And this is what we try to tell you guys
36:42
every single day. Have you taken your Bitcoin into
36:44
self custody? Because now is a good time to do
36:47
it. You do not want to do it on
36:49
proof of reserves that proof of keys day when a potential
36:53
exchange has a bank run and they don't have your Bitcoin.
36:55
So anytime you buy Bitcoin, that's the best time to take
36:59
your Bitcoin into cell. Custody obviously, some people
37:02
like to play around on the limit you probably don't want a bunch
37:05
of UT EXO's in your wallet but that's for another story.
37:08
I'll I'll talk about some some good.
37:10
To utx. I was coming up soon because
37:14
we've seen so many examples this year about holding paper Bitcoin
37:19
and these exchanges, you know, rehypothecation your Bitcoin
37:24
commingling your funds. So you do not want to get stuck
37:27
with this message that you have right here on the screen
37:30
withdrawals. Temporarily halted, do not get
37:33
caught holding Bitcoin, iou's self custody your Bitcoin
37:37
because there is one commandment of Bitcoin not your key.
37:40
He's not your coin and this is something we tell you guys all
37:44
the time. And we continuously try to tell
37:46
you guys that you need to take your Bitcoin in the self,
37:49
custody provide the value, stay humble stack SATs.
37:52
And there's a lot of options for you to take your Bitcoin into
37:54
self custody, you can use a mobile wallet, like Pine wallet
37:58
Breeze, while it Moon, wallet, blue wallet, I've used blue
38:00
wallet for a long time, become a huge fan of pine wallet.
38:03
There's a lot of options out there is a lot of trade-offs and
38:06
it's up to you to figure out a wallet that you like the best
38:09
wood that you feel is. A good user experience.
38:12
But if you want to use it on your desktop, there is, you
38:15
know, download Bitcoin, core do a prune node and you can prune a
38:20
Bitcoin core full node. And you can have a note and a
38:23
wallet in one or download Specter and Sparrow which I'm
38:26
pretty sure connect to a Bitcoin core node or there's Hardware
38:30
wallets out there guys. You know, we love cold card.
38:33
We love seed signer or my new favorite is one of our sponsors.
38:36
Bitcoin J that translucent. Bitcoin Jade are Block stream.
38:41
Jade is so beautiful, guys. This these are the things
38:44
there's different trade-offs to all these.
38:46
I'd probably recommend for the first people depending how used
38:50
to the Bitcoin ethos you are, maybe you just want to download
38:53
a wallet on your phone, put a little bit coin there.
38:57
And then once you get uncomfortable with all the
38:59
Bitcoin on your phone, then you move to better, self, custody
39:01
Cold Storage procedures, like a hardware wallet, you can
39:05
eventually move to multisig, whatever your trade-offs are for
39:09
your Bitcoin stag. This is an individual
39:11
Revolution. Like we tell you all the time,
39:14
you got to make these decisions for yourself.
39:16
There's a lot of trade-offs when it comes to bitcoin wallets, but
39:19
it doesn't matter. The ethos and the perspective
39:22
stays the same. You need to own wallet under
39:25
your own custody. We say to every single day, most
39:28
likely almost every single day, actually self custody is the
39:32
Revolution. And if you do not hold the 12 to
39:34
24 words to your wallet, it is someone else's coin.
39:38
Like we say all the time, not your keys, not A coin and shout
39:41
out to my buddy. Hottel tarantula.
39:43
He keeps beating the drum that we are doing here today.
39:47
Get your Bitcoin off the exchanges just a friendly
39:50
reminder of proof of keys day is on January 3rd.
39:53
Be prepared. You do not want to get caught up
39:55
in a bank run, if it happens. And we've seen so many fireworks
39:59
last year that I would not be surprised if we see some more.
40:03
So January, 3rd is coming up. We won't be here next week, but
40:06
you need to take your big coin into self custody again.
40:10
There's phone. It's like Pine blue, blue,
40:12
wallet, Breeze, Moon, wallet, Phoenix.
40:16
What else am I missing? I don't know.
40:17
I'm blanking right now, but there's wallet for your, for
40:21
your laptop and your desktop, like, Bitcoin core, Sparrow
40:23
inspector, or if you're taking yourself custody, seriously, its
40:28
Hardware while it's like old card seed, signer and Jade, and
40:31
there's more options out there, but this is just what we're
40:33
recommending. These are wallets that I
40:35
personally use that. I personally like, and I'm
40:37
comfortable recommending to you guys, but the ethos is the same
40:40
I'm not your keys. Not your Bitcoin.
40:42
January third is coming up, we turned it into a holiday and you
40:45
need to take your Bitcoin into self, custody or else you do not
40:49
own Bitcoin. Do not get caught holding paper
40:51
iou's. You do not want to be in the
40:54
position where you think you have Bitcoin and the exchange
40:57
doesn't have your Bitcoin, do not trust these exchanges.
40:59
They are not wallets. Take your Bitcoin in the South
41:02
custody. Absolutely.
41:04
I mean dude not your keys, not your Bitcoin.
41:07
I think a lot of people learned that lesson with the FTX
41:11
blow-up, with the Celsius, blow up the record amount of outflows
41:15
coming out of exchanges. So yeah man, not your keys, not
41:18
your Bitcoin. I'm glad that this is the last
41:21
thing that we're going to cover, you know, the last.
41:23
The last thing that we're going to cover the last episode of
41:26
Simply Bitcoin in 2022 and I think that's really the theme of
41:30
this year, man. The theme of this year is Guy.
41:33
As if it's not your bit, if you are not the sole owner of those
41:39
private Keys, it is not really your Bitcoin and I think a lot
41:43
of people got burnt this year, learning that lesson the hard
41:48
way unfortunately. But hey man, you know, some
41:51
people got a burn, their finger on the stove to wake up to the
41:54
reality, we're going to keep beating this drum.
41:57
And, you know, I have this pinned on my Twitter account and
42:00
I say, look if enough people take self custody, We win this
42:04
Revolution and there's absolutely nothing they could do
42:07
about it. Oh, Mannix.
42:09
Temos. Thank you for the Super Chat
42:10
$20, bro. I appreciate.
42:12
It says, we just want to wish all the plebs.
42:15
A merry Christmas for me and my family.
42:18
This has been an awesome awesome.
42:20
This year. I learned a lot.
42:21
I love you all. Thanks man, I really appreciate
42:24
that. Really appreciate the shoot.
42:26
Super Challenger is absolutely awesome.
42:29
He was kind enough to make Opti and I some some some simply bit.
42:33
Coin merch, check out this fucking mousepad.
42:36
It's amazing. As some of you know, the truth
42:39
is not a conspiracy. Don't sell your Bitcoin a
42:41
whales. They want you to own nothing and
42:43
be happy. The government does not like
42:45
you. They laugh.
42:46
Let you bitcoiners slavery. Absolutely love it.
42:49
Shout out to you extend, most very, very kind.
42:52
Anyways, Opti we got the meme review all make sure to play the
42:55
right one this time. Let's check it out.
43:00
The daily meme review. Brought to you by Kaboom racks.
43:04
I get this question all the time.
43:05
Nico. Where should I buy Bitcoin
43:07
miners. The answer is Kaboom racks.
43:09
It's the best place to buy Bitcoin miners.
43:12
That's where you're going to find the best deals and the best
43:14
prices start. Your mining Utopia today to
43:17
check out their racks. You got to go to T dot me, slash
43:20
Kaboom racks. Join their telegram group and
43:23
start your mining Journey today. Kaboom racks.
43:28
Kaboom well guys. This is the last meeting of you
43:33
of the year. So before I get done, drop your
43:36
mean review score in the chat and we will cover it live on the
43:39
show. As we say all the time, Tweeter
43:43
the bullet and memes are the artillery you are in an
43:45
information War, you guys are Frontline soldiers.
43:48
You guys are spreading the truth with humor with ridicule and
43:52
with facts and the truth, we have the truth on our side.
43:56
It is. Army more than everyone else.
43:58
Is just living in it. So, continue to meme shit.
44:01
Posters have the best job in Bitcoin.
44:03
You guys just make funnies and enjoy your time, biding, your
44:06
time, until that, hyper big quantization.
44:09
Anyways, this first one, I had to add a yellow meme in here
44:14
because it is December 23rd and he's been making the rounds on
44:18
Twitter about the December 23rd prophecy.
44:22
Apparently, according to Yellow, we are out of goblin town and
44:26
the Bull Run. We'll begin today.
44:28
Let's see if he is yellow, straw Damas, and actually fulfills.
44:34
The prophecy. Anyways, this meme is by our
44:36
friend Marty's Alan, shouts out to you.
44:38
Marty what's up you pigeon? And this is a play on The
44:42
Shining and we got forget what her name is Shelley.
44:47
I think that's a real name is the bear market and then we have
44:50
the axe going through the door. And the door, says December
44:53
23rd, and this yellow space and it goes blue Market.
44:56
You play the you malaka. I gotcha.
45:00
Here we go. Monica, I like a bear Market,
45:06
malakas Bears out to get wrecked.
45:08
Okay, this next one, I know you guys out there on Twitter have
45:12
been seeing the updates to Twitter.
45:15
You're probably noticing that we have the view count on Twitter
45:19
now. So you can see how far your
45:21
tweets are going and how viral they're going.
45:23
And this is a shout out to our friend count Bitcoin.
45:26
He said this is an update to the.
45:27
Yep. This one's doing numbers me.
45:29
My know you guys seen this and I absolutely This mean that's why
45:33
I had to put it out because I literally say this Niche,
45:36
internet micro celebrity all the time as a joke to my friends and
45:40
anyone who will listen and so we got the girlfriend, she's
45:42
crying, and she goes babe, please stop, you're not even
45:45
close to being a niche. Internet micro celebrity and we
45:49
got the Pepe with smoking a cigarette going.
45:51
Yep this one's doing members. It's got 27 views and more like
45:58
I love this one Niche, internet micro celebrities for the win
46:02
this next. One is by Dennis not hotter or
46:05
Zine the hot oil on Twitter at Z naught on.
46:08
He goes, let's fucking go, and we got this one's funny.
46:12
I thought there's only goes me destroying the Legacy Financial
46:15
system, and he's laying on his back on his phone tweeting with
46:17
his cat right next to him. And then he goes the story.
46:20
I will tell my children, and this is which one it is.
46:24
I Am Legend. I Am Legend.
46:27
Yeah, exactly. Will Smith from I Am Legend
46:29
walking around. This is how we all feel out here
46:31
on Twitter. There's next one.
46:34
It's another play on the girlfriend crying to the Chad
46:37
Bitcoin him and this wasn't does from McShane at McShane rights
46:40
on Twitter. And he goes onward, hashtag
46:42
Bitcoin. And the girlfriend on this one
46:44
goes babe, please stop. You can't just keep stacking
46:47
Sachin to a recession and then the Chad big corner with laser
46:51
eyes goes. Yes, dear.
46:52
And in his head he just hears babe, please keep stacking
46:55
sacks. This next one is by our friend
47:01
at Morpheus. Oin on Twitter at Morpheus
47:04
underscore BTC. And I know all you guys are
47:07
basically, Millennials, like me out there.
47:09
And this is a, this is a play on American Pie.
47:12
And we have, I forget what his name is in the movie, but we
47:14
have the dad Bitcoin Max. He's observing the mass.
47:17
We have SPF looking ashamed at his pie, which is the crypto
47:22
space. I don't know if I can say that.
47:24
You guys know what this scene is.
47:26
You already know you seen the movie.
47:28
Anyways, this next one, shouts out to Lynn all day and she
47:31
literally didn't put any word on this one.
47:33
It's good enough anyways and I don't know what Disney animation
47:36
movie this is, but shout out to you guys.
47:39
It's like the evil villain had. He's doing a presentation and it
47:44
goes unemployment is too high. And then the next paid reduce
47:48
unemployment by generating inflation and the next page.
47:50
Now, inflation is too high and the next page reduce inflation
47:54
by generating unemployment and the last pay or the second last
47:58
pitch unemployment is too high and then they just leave and
48:01
join Wall Street. This is a Lay on what
48:03
politicians are doing out there? It's the revolving door.
48:07
You guys have felt this. You guys have seen this.
48:09
And this last one sitting meme for the last meme of the Year.
48:13
Shouts out the 21, JC LP, Bitcoin, 24/7.
48:17
I really love this art work here.
48:19
It's a Bitcoin, or a Bitcoin, or walking into the Boyd, the abyss
48:26
that is Bitcoin, and it looks like your brain as it changes,
48:30
the literal chemistry of your Rain as new neurons start firing
48:35
it goes Bitcoin forever changes. The way you see the world, this
48:39
is the way guys Bitcoin, literally changes your, your DNA
48:43
from the inside out. Once you understand Bitcoin, you
48:46
will never be the same and you will look at the world
48:48
completely differently. So this is the message, is why
48:51
we tell you guys, stay on the mission.
48:54
Bitcoin continues to wind continues, tax ads, continue to
48:58
meme because they cannot stop this monetary.
49:02
Lucien. Anyways, got a mean review but
49:05
got your mean review score in the chat while we cover hours.
49:08
Alright, I'm still in my dad's office.
49:11
So I'm grabbing something from his desk and I got this brass
49:16
Turtle, okay? Because they're the most
49:20
fertile. Give us such a nice, Christmas
49:22
present. I know I already gave this,
49:24
right? It's the simply Bitcoin
49:26
mousepad. The Nico Jones.
49:28
Not only am I going to give it the front?
49:31
Also, that's my score guys. It's Owen live.
49:38
Drop Your Meme scores in the live chat while we do that.
49:41
I want to give a shout-out to our awesome clothing sponsor
49:44
representative t.com Opti and I wear the merch every single day.
49:47
This is the blue sweater represent, opt he's wearing the
49:51
the green one, that the centralized.
49:54
And this is the simply Bitcoin merch.
49:56
It's absolutely hold it. Hold it up more.
49:58
Hold it up. More, check it out, check it
50:00
out. ROMs. The sweater version of
50:03
this is already sold out guys. You want to get it.
50:06
You want to get it while supplies last, you can take
50:08
advantage of the promo code simply Dash bisque Bitcoin.
50:11
Get a 10% discount. Anything on the store first
50:15
score, we got Tyler. Wait before apparently
50:18
apparently the lindahl didn't mean was from Minions.
50:20
That's why. I don't know.
50:21
It minions, are we go tit? Tyler Durden says, swallowed,
50:24
the red pill says score, 25 rolls of toilet paper.
50:28
Shout out to you brother. Merry Christmas score.
50:31
Planet Earth. Give these memes, a merry
50:33
Christmas, and happy proof of keys, New Year's to all you
50:36
Legends. Love you planet Earth.
50:37
Thank you, man. Appreciate it.
50:38
That's one by global nonsense. Give the memes, Peter Schiff,
50:41
Gold bags, both grams of it. Slay, narwhal tacos, man.
50:48
Thank you so much for joining us today, bro.
50:50
We appreciate you joining us this year.
50:53
Better said, narwhal tacos as I give the memes.
50:55
Peace on Earth and Goodwill to all people.
50:58
Love it. Love it.
50:59
No one will. We got op?
51:00
T. Al Dean Elaine LOL says, I give
51:03
the memes a 2023 filled with Bitcoin love that.
51:07
Absolutely bullish. All right, next one Opti, what
51:09
do we got? I give the memes, Becca a
51:11
Bitcoin. Becca, give the memes. 410 days
51:14
of Don't Stop Believing spaces. I feel so bad for yellow.
51:19
Bitcoin for Canadians. I give the memes a ferocious,
51:22
winter storm, a bro that storm is effing thing.
51:25
Looks heavy the p, man van. I give the memes, Gary, Wang's
51:29
way, The John flood. I gave the memes.
51:33
A large glass of vintage port. Happy Christmas guys that
51:37
delicious delicious. Next one Andres I give the memes
51:40
a failed 23, December prophecy, Dodge fire.
51:45
Oh oh oh no no. Oh man poor yellow.
51:53
Okay you deserve real money. I give the memes the feds
51:56
positive, annual performance review.
51:59
All right, next one we got real. Elevator.
52:02
I give the memes 15 SATs from my kyc wallets.
52:06
We got two more scores. Oh, no pool.
52:08
Pooed in the cereal. I give the means a Caroline
52:11
tape. Oh God, I think that's, I think
52:15
that's the last one. So, we want you.
52:16
What about the extent? Most my soompi Bitcoin.
52:19
Merch will arrive. I'll be back to you guys.
52:27
Alright. Also guys, make sure to join
52:29
simply Bitcoins telegram group. It's a party and they were
52:31
almost At 700 people, somebody ewwww dot me slash simply
52:34
Bitcoin TV. Also, make sure to join simply
52:37
Bitcoins blog www.subply.com and.and, you shout out to our
52:41
awesome Riders Reineke swoop all Zack Rustin love you all.
52:48
You guys are awesome. Eventually, I write my first
52:52
article. I heard everybody read a pub
52:53
snow. We got a software release.
52:55
Let's Chicago release. Yeah, Bitcoin software release
53:00
brought to you by Cipher safe, don't be that person that loses
53:04
their Bitcoin seed. Due to fire damage water damage
53:08
dog. Attacks back up your
53:09
generational Bitcoin wealth on steel and there's no better
53:14
place to do it than the For grid by Cipher safe and now check out
53:19
their new Bitcoin art the Bitcoin rulebooks triangle only
53:23
on Cipher safe dot IO. All right guys, for the last
53:29
software review, a release of the Year, sorry it is Ride.
53:34
The Lightning release version, 0.1 3.3, it's got some upgrades
53:38
on their angular version upgrade to 15 eclair bug fixes, fixing
53:42
breaking changes for eclair. Version 0.8.0 apis, sorting
53:46
reset bugs on the grids and real-time update bug for
53:49
forwarding history. I dropped the actual GitHub on
53:52
the description. This is just a Twitter post but
53:55
yeah, shouts out the Ride, the Lightning.
53:56
If You guys are using B, TC pay. You already probably updated
54:00
your Ride, the Lightning, but shouts out to the developers
54:03
over at Ride. The Lightning Man, Nico.
54:08
It's been an awesome year, man. It's been an awesome year man.
54:11
Thankful for thankful for all you guys joining us.
54:15
You know, channel has grown tremendously.
54:17
That's all thanks to you. We appreciate all the support,
54:20
all the likes, all the engagement, the views to
54:23
subscribes. Check out our audio platforms.
54:26
Anchor Spotify, Apple Fountain opted, you have the fountain.
54:30
Oh I forgot. I completely forgot.
54:38
Come back. I'll make sure we come back.
54:39
Come back. So the show guys is coming back
54:41
rekt dude, like today it did. I bury my mind, I'm so tired.
54:48
I'm glad that we get this week break, man, because I'm running
54:52
on fumes. I know you are to Opti, guys,
54:55
have an amazing end of the year. The show will be back, January
55:00
3rd. That's a Tuesday, will be back
55:02
in full force. We have so much new content for
55:05
the new year. You guys are going to be
55:06
surprised. We got a lot of new members.
55:07
Burrs on simply because sir lot of stuff coming in hot.
55:11
I'm sure you guys will enjoy it. We love you all the party.
55:14
Does continue on Twitter spaces all the way to 2 p.m.
55:18
So about 50 minutes with our friends.
55:20
Over at Swan Bitcoin best place to stack SATs by bitcoiners for
55:26
bitcoiners. So anyways, guys, join us there.
55:28
If you want the party to continue, love you all.
55:31
We will see you next year, January third piece,