Latest / Simply Bitcoin / MAJOR ATTACK! US Senators ASSAULT on Bitcoin Miners | EP 513

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MAJOR ATTACK! US Senators ASSAULT on Bitcoin Miners | EP 513 · Simply Bitcoin

0:04
Welcome back everyone. We're simply Bitcoin.
0:06
We break down the news. The daily fail mean review.
0:08
Software releases, Hardware, releases, and the pledge sites.
0:13
All right, Nico. It's just you and me today and
0:16
we are diving into the numbers. Let's do it.
0:18
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So get yourself a novel Bitcoin know today at the time of this
0:41
recording, the block height is 740, 1891 the Bitcoin, price
0:45
19.0 20005, okay yeah we're going up anyways, Jane rewrite,
0:54
they 766 total public lightning capacity 3930 6.70.
1:00
Moscow time 4999. I feel like I'm giving a price
1:04
on some kind of an item at the store anyways blocks to The
1:08
Happening 98,000 109 and the samurai Whirlpool unspent
1:12
capacity, Samurai Whirlpool is a coin joined or collaborative
1:16
spend as we explained yesterday. It is not a mixing service.
1:20
The unspent capacity from that pool is 4750. 6.4 teen.
1:27
BTC Nico. The Eventful numbers that we are
1:31
desperately, trying to make eventful.
1:34
I mean, are we? Because we are, we had a bump.
1:37
We got I feel like we had a little bit of like Cosmic
1:42
Revenge because we were making, we are cracking those jokes
1:46
Bitcoin is that new 30k price and then blah and then the
1:51
domino effect of all these all these shit coin Services started
1:57
happening Luna Rex. It's erect and block.
2:01
Fi got really close. We're going to talk about that
2:03
later today. Anyways, anyways, so today I'm
2:09
going to talk a little bit about one of two of Bitcoins attack
2:15
vectors and this is how the government's social movements
2:19
they are going to attack Bitcoin.
2:21
I told you guys earlier a couple weeks ago they're going to use
2:24
to the main to they're going to attack vid coin self custody and
2:29
the And one they're going to attack Bitcoins for
2:33
environmental reasons, right? And you know the whole argument
2:37
oh Bitcoin uses too much energy, it's bad for the environment but
2:42
it doesn't dig into the Nuance. It doesn't get into the Nuance
2:45
to the fact that Bitcoin uses stranded energy.
2:48
That was already going to waste and in the example of Bitcoin
2:54
miners using excess flared gas to pain into Power bi Only
3:00
miners, it's actually helping the environment because if not
3:03
that excess gas, the methane would be vented into the
3:07
atmosphere. And methane is actually one of
3:10
the worst and environmentally damaging gases.
3:15
That could be released into the atmosphere.
3:19
Anyways, one of the attack vectors is going to be ESG which
3:23
we have covered many times on the show.
3:25
Anyways, let's take a look at the consequences of ESG.
3:29
Oh, Sees, shall we so in Europe, right?
3:34
If you guys haven't been living under a bridge for many years,
3:37
for example, in the example of Germany, Germany actually shut
3:41
down their nuclear power plants. Nuclear power actually happens
3:45
to be one of the most clean forms of energy production but
3:50
because of the ESG movement, they shut down all those plants.
3:54
Then they became reliant on Russian energy and then when the
3:58
run and when Russia invaded Ukraine.
4:00
Right? Germany got kind of stuck in a
4:02
pickle because they were forced to buy natural gas from a
4:06
country that they are so that they were supposedly hostile
4:10
towards. So we'd like to make the
4:12
argument here on simply Bitcoin, that ESG is a form of central
4:16
planning all Central planning ends badly.
4:19
It's not a good thing and it's definitely going to be used as a
4:24
mechanism to attack Bitcoin mining.
4:27
Anyways, check out this tweet by the legendary Marty bet ESG has
4:31
officially collapsed its first economy sure Lanka, hastily
4:35
pivoted away from a central fertilizer in the name of ESG
4:40
and wash. Its crop yields plummet.
4:43
Now the country can't pay for imports and the PM prime
4:46
minister is declaring a complete collapse virtue.
4:49
Signaling is dangerous. I agree with Marty anyways,
4:52
let's check out this news clip breaking news that tree and
4:56
bring into morning just a second, but I'm still a prime
4:59
minister. Part of he has said that the
5:02
troubled economy of Sri Lanka. As you know we've been covering
5:05
that story here on Sky News. There have been there has been
5:09
some significant unrest and including burning down
5:13
buildings. He's at now telling us that the
5:16
economy has collapsed with the country unable to pay for oil,
5:21
imports of what's going to happen as a result of that
5:24
beautiful island. Of course, Sri Lanka very rich
5:27
and varied but big Economic problems at the moment and the
5:32
economy were told, has collapsed with the country.
5:34
Unable to pay for oil imports. Get more on that and update you
5:39
in just a few moments time. If that is absolutely crazy,
5:43
literally telling you that a country has collapsed and I'm
5:49
sure it's not 100% to blame, but you could partially blame, these
5:53
ESG policies, right? And Germany is a shining example
5:57
of that. It's the the virtue.
5:59
King meets reality, right? Anyways, we will get to the meme
6:04
review when we get to the me. Move you towards the end of the
6:06
show. I'll get I'll show you pictures
6:08
of headlines of this of this of this backtrack.
6:12
It's absolutely hilarious. And if you actually take a look
6:15
at, you take a deep dive into what the so-called ESG fund of
6:22
funds are doing. It's a bunch of hook.
6:25
It's a bunch of hypocrisy. It's cheap virtue signaling.
6:28
Nothing more. And this is how all Central
6:31
planning ends up. Anyways, let's check out this
6:33
article by Bloomberg. If you're listening to the audio
6:37
version, specifically Twitter spaces, stay till after the show
6:42
and we will do a live Q&A. Anyways.
6:47
One of this year's top performing managers of so-called
6:51
sustainable funds has relied on assets that aren't normally
6:54
associated with environmental social governance investing in a
6:58
strategy that's ended up. Trouncing his peers, the year,
7:04
Risin a zonie energy Prime booked a return, a fifteen
7:09
point, seven percent this year. That's a great return as of
7:12
Friday according to data compiled by Bloomberg, its main
7:16
Holdings. Check this out guys.
7:18
ConocoPhillips followed by Valero Energy Corp and
7:22
ExxonMobil. The three Foss.
7:24
Fuel stocks top a portfolio, demanded by energy and raw
7:28
materials. The year is unfund markets
7:31
itself as a so-called article, 8 product within the EU
7:35
sustainable Finance disclosure regulation.
7:38
Meaning it promotes sustainability, the contents of
7:42
the fond are bit. Controversial from an ESG point,
7:45
and of shit said Francisco. Sadati head of research and
7:49
portfolio management at Eurozone Asset Management, which oversees
7:53
about 450 billion dollars, but being highly concentrated and
7:58
energy and raw materials, Made the fun successful in the
8:02
current climate, he said, in an interview.
8:05
So again, there are so many holes in this ESG BS.
8:12
This is a form of central planning.
8:14
It's also used as a moat for, by firms, like BlackRock, right,
8:20
because they use that to strong other companies to be ESG
8:25
compliant, which sets a sets of bar.
8:28
You you Expensive to be ESG compliant, right?
8:32
So it kind of stifles out competition as well.
8:35
This whole thing is rotten, it's rotten and listen, the fight for
8:40
the fight against ESG is a fight for Bitcoin, because this is
8:44
going to be, I'm calling it right now.
8:46
This is going to be a method and a mechanism that they, they
8:50
attack the energy use of Bitcoin saying.
8:54
That's not a justifiable energy use, that's not ESG compliant.
8:58
But when you look under Rock of these huge firms.
9:02
They're buying energy companies themselves and it gets the stamp
9:06
of approval not to mention. I don't know if you guys notice
9:09
ExxonMobil was one of the companies that this firm bought
9:13
an Exxon Mobil, it was confirmed earlier on this year was mining
9:17
Bitcoin in North Korea Dakota using excess natural gas.
9:21
So, the whole thing is just, it's a clown show after a clown
9:26
show, total joke, this thing must be defeated.
9:29
I Think the truth is is going to win here, but that doesn't mean
9:33
that they're not going to push back.
9:34
Anyways. What are your thoughts on
9:37
environmental social justice? Yes, look it doubled.
9:41
Its governance. Ah Freudian slip for an instant.
9:45
I was I was gonna say I'm like when you first said it I was
9:48
like yeah I'm like that could work.
9:49
I'm like but it is governance and technically it's all the
9:51
same thing. But look at the end of the day
9:53
it's all virtue signaling. And really what it is is a very
9:57
clever way to create a moat That makes it possible so that the
10:02
goalposts can just continue to move and you can never really
10:06
get your get you know get your hands wrapped around it, right?
10:10
Like as soon as a company starts to comply.
10:13
Look maybe this company is bad for business somewhere else.
10:16
Oh, well all of a sudden we can move the goalposts, we can make
10:19
it a little more stringent but at the end of the day what it is
10:22
is it's a moat designed to keep our friends, whatever it is that
10:27
we consider our friends in this business.
10:29
We keep them. And we make sure to keep the non
10:33
desirables outside the moat that.
10:36
That's exactly what it's used for.
10:38
The other, the other point I wanted to talk about was, was
10:41
that you mentioned this all the way at the beginning, right?
10:44
There's to attack vectors, there's the self custody vector
10:47
and there's the ESG Vector. Okay.
10:50
Now, the self custody Vector is being fought in a much in a much
10:55
different way and I find it's it's a little bit more.
11:00
Subversive, right? The the attack on self custody
11:04
is more about proof of work. It's like this Sly kind of
11:10
roundabout way, it points to proof of work and then if you go
11:13
take a look at ESG, ESG makes no doesn't hide anything about
11:20
that. They're letting you know, proof
11:22
of work is bad, it's not justified and we need proof of
11:27
stake and the other the last Stu.
11:30
This is this, right. Take a look at the people who
11:32
are championing ESG. Okay, look at the corporations
11:37
that are championing, ESG narratives, it's the companies
11:41
that currently have the most power.
11:43
It is the organizations that currently are closest to the
11:47
money spigots. So that should tell you
11:50
everything as the number one, why they hate Bitcoin.
11:53
And number two, why they need these ESG narratives to live and
11:58
the the last part of it is is that People Like Us are seen as
12:04
enemies because we don't we don't care about the
12:08
environment, right? See, that's part of their
12:10
framing. The framing is that if you don't
12:12
want to follow Nico, if we don't want to follow these ESG
12:15
guidelines, we are enemies of the environment.
12:18
We we want nothing but the Earth to completely fall apart, okay?
12:22
And we want it so that it is completely unsustainable and we
12:26
have to remember that all that's being done to us is our language
12:31
is being used. It's us.
12:34
Okay, if we look back in history, we've said this before
12:38
and you can prove it yourselves. If we look back in history we
12:41
can see that the times that we prospered the most was when we
12:45
were using the most energy in order to create breakthroughs in
12:50
order to create wealth, in order, to create better
12:54
standards of living in every single, think about it.
12:58
You know what, it's kind of hypocritical because if you look
13:01
at them, if you look at the corporate, the Corporate owned
13:03
media narrative. What do you see?
13:04
You see a whole bunch of low-energy people living in
13:08
cells, right essentially struggling along.
13:14
Whereas when you see these where you see the other side of the
13:17
stories, the people using the vast amounts of power, they're
13:21
making scientific breakthroughs, right?
13:24
They're going into New Frontiers, we're exploring other
13:27
worlds, like, think about that, right?
13:30
If there was low energy, do you think that Not that I'm making a
13:34
use case for gold, but you think the people would have started to
13:37
mine gold? You think that, you think that
13:40
people would have found those rare earth metals that are
13:43
making your computers and smartphones today.
13:46
If we were sitting there with this low energy ESG shit, you'd
13:49
be sitting in a freaking hot with nothing and they'd be like,
13:53
Whoa, Don't breathe too fast. You're going to waste some of
13:55
that oxygen. Mmm.
13:57
Anyways, just saying that we are the carbon they want to reduce.
14:01
We are the The ESG they want to control and believe me, if
14:07
everything could be taken away from us and controlled by these
14:10
very small intelligent groups. The existence would be so much
14:16
better Nico. Yeah.
14:18
You'll nothing be happy. It's they don't even hide
14:21
anymore. No.
14:22
It's it's absolutely despicable. I've said this a couple times on
14:26
the show if you control energy, you control people.
14:30
That's what these people want to do.
14:32
It's Sinister. And this will be an attack
14:35
Vector that they attack Bitcoin on, which is why we cover stuff
14:39
like this. It's all encompassing and Phil.
14:42
At the end of the day, Bitcoin is an energy-based money, right.
14:45
It really depends on energy or the the right of the individual
14:51
to use energy. How he sees fit.
14:53
But yeah, the the the intellectual Elites can't have
14:58
that, they can't have the deplorable, 's making their own
15:01
decisions about their lives. Anyway, Ways.
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Alright, everybody. So, in continuation of what we
15:42
were talking about this is not ESG and we leave the ESG stuff
15:47
to the number section. But this is developing, this is
15:52
a clearly there is a battle in d.c., okay?
15:58
And the Battle Is Over. Bitcoins energy use this.
16:02
This is the famous Huffman letter to, to the EPA and let's
16:10
check out what hit has to say. First, I want to read what
16:13
senators are some of the Senators that signed on to this
16:17
is the famous Brad. Sherman?
16:18
Who absolutely hates Bitcoin. We have, AOC, who's famous?
16:23
We have Rasheeda to lab and Rae Carson.
16:29
Steve Cohen. James McGovern.
16:33
So signed off signed off by a couple House Representatives
16:37
anyway. So let's check out what the
16:38
first passage has to say. We right to request the
16:42
Environmental Protection Agency ensure, cryptocurrency.
16:45
Mining facilities are not violating foundational
16:49
environmental statues. Like the Kree the Clean Air Act
16:52
or the Clean Water Act. We have serious concerns
16:55
regarding reports that cryptocurrency facilities across
16:59
the country are polluting communities.
17:01
And are having an outside contribution to greenhouse gas
17:04
emissions as cryptocurrency. Gains popularity, it is
17:08
essential to understand the environmental risk and pollution
17:13
associated with the with the industry.
17:15
So, I'm going to highlight this part guys because I think it's
17:19
very important. And for our audio listeners.
17:22
I am highlighting greenhouse gas emissions.
17:26
I'm going to I'm going to go. I'm going to get back to that
17:30
and today which is The reason I'm covering this, we had a
17:33
letter from our favorite Bitcoin Senator, Elizabeth Warren.
17:37
That was irony or that was a joke that was comedy.
17:40
Anyways, US senators Sheldon Whitehouse Elizabeth Warren,
17:46
Tina Smith Jeff Merkley and Ed Markey, have sent a letter to
17:51
the White House Office of Science and Technology policy
17:54
raising concerns that energy-intensive.
17:56
Crypto mining is taking a heavy toll on the environment and
18:00
threatening To pull the Nash, the nation further off track
18:04
from meeting its climate commitments.
18:06
The Senators proposed, requiring, the crypto miners,
18:09
use verified, new zero-carbon, energy sources and improve
18:14
transparency across the industry's carbon footprint.
18:18
The continued use of proof-of-work.
18:20
Mining directly threatens, the United States ability to meet
18:24
its climate goals. We recommend that the United
18:27
States restrict energy use for crypto mining to verify.
18:31
To verified new zero carbon sources to increase transparency
18:36
on energy use now I'm calling bullshit and the reason I'm
18:40
calling bullshit, connect the dots guys on this letter, on the
18:44
Huffman letter, we have Brad, Sherman signing on to this and
18:49
Brad. Sherman is very, it was a very
18:51
vocal anti Bitcoin, anti Bitcoin Congressman, right?
18:57
So I want you guys to remember what happened?
19:01
In Norway, in Norway, back in back.
19:06
In May 13th, we covered this when this came out Bitcoin.
19:10
Mining in Norway, gets the green light as the proposed ban
19:14
rejected, the proposed the proposal to ban Bitcoin mining.
19:18
In Norway, was first suggested in March.
19:20
This year, by the red party Norway's Communist party.
19:24
In this week's vote. The Proposal was overturned as
19:27
only Norway's left-leaning parties, including the Socialist
19:30
left. Party, the red party and the
19:32
green party would support a ban on crypto mining guys, here is
19:38
the signal pay attention to this Norway.
19:40
Now, contributes as much as 1% to the global Bitcoin hash rate
19:45
taking advantage of 100% renewable energy in the land of
19:52
Midnight Sun and here's a graph or audio listeners.
19:55
This is a grant, this is a graph of Norway's electricity
19:58
generation 88%. Comes from Hydro.
20:03
Ten percent comes from wind and two percent comes from other
20:07
sources so you could make the argument, okay, 2% of sources in
20:12
Norway, come from fossil fuels, but we know that 100% of the
20:17
Bitcoin mining and Norway was powered by renewable energies,
20:23
but they still wanted to ban it. Why is that?
20:28
What is going on here? That is a Very good question.
20:32
And now, let me let me point out another troubling pattern,
20:36
right? And this is Extreme look, we are
20:38
super apolitical on this show. We don't lean Republican, we
20:43
don't lean Democrat. We don't lean left or right.
20:45
We stand for Bitcoin, meaning we stand for freedom but I think a
20:50
very troubling pattern has occurred and it's the fact that
20:55
why is it the left-wing parties that have been so against
20:59
Bitcoin in Norway. Specifically.
21:02
It's the red party, the Socialist left party, the red
21:06
party, and the green party in the United States.
21:10
The only people that signed on to this were Democratic
21:15
congressmen. And congresswomen meaning it was
21:17
a left-wing party this letter right here by Elizabeth Warren.
21:22
Tina Smith, Jen Barkley, and Ed Markley, all come from
21:27
Democrats? What is going on?
21:30
And I'm very Very, very I do not believe that even if Bitcoin had
21:35
100% of renewable energy, I believe they would still attack
21:40
it. I think there's something more
21:42
Insidious at work. Here, here's a letter from
21:46
House, Republicans. And again, the bipartisan crypto
21:51
bill, I want to specify was bipartisan.
21:53
It came from a Democratic senator and a Republican.
21:58
Senator Senator Cynthia, lummis, and senator.
22:01
And so it's not black and white because I don't want you guys to
22:05
get that idea, but I do want you guys to pay attention to the
22:08
pattern, the clear pattern that is happening here and the
22:12
reality is that in Europe, in Norway in the United States it's
22:17
undeniable. You cannot deny that the
22:21
majority of Bitcoin not the majority.
22:24
The vast majority of Bitcoins environmental attacks have come
22:28
from, left-wing politicians. I don't know why that is.
22:32
It's very strange, but good news that we have the perk.
22:36
We have another episode of the progressive case for Bitcoin
22:39
tomorrow, and we have friends that are going to come on.
22:43
I'm going to ask them this question on.
22:44
Why do you, why do they think that?
22:46
Is because I still haven't figured it out.
22:48
I would like to give them the benefit of the doubt, but I'm
22:51
suspicious, and I do believe that it might be about power and
22:56
control, unfortunately, but there's no way to confirm that,
23:00
as of yet, Yet stay tuned. Anyways, here is a press release
23:04
by Senator Cynthia, lummis, Patrick Henry, let's check out
23:08
what they had to say along with 12 other of their colleagues.
23:11
They sent a letter to the EPA, which is the same agency that
23:15
the Huffman letter was directed to the legendary Texas.
23:20
Slim just stepped in. How you doing?
23:22
How you doing, buddy? Your brother, good to see you
23:25
too, dude. House Financial Services
23:29
committee Republican leader, Patrick McHenry and Senator
23:31
Cynthia lummis, along with 12 other of their colleagues sent a
23:35
letter to EPA administrator, Michael Reagan, urging him to
23:38
fully study the potential environmental impacts of digital
23:41
asset mining including beneficial uses before
23:44
considering environmental regulation.
23:46
The letter is a follow-up to one set by new number of house
23:51
members in April 22, which 2022, which misunderstood many of the
23:56
realities and data relating to digital asset minors.
24:00
To quote, the letter says, As as you know, a substantial portion
24:03
of digital asset, minors energy use is based on renewable
24:06
sources. They conveniently left that part
24:08
out. Additionally, many miners, use
24:11
other power sources like natural gas, that may otherwise go
24:14
unused. Okay, so I'm going to relate
24:16
back to the Huffman letter where it says having an outside
24:21
outsize contribution to greenhouse gases when they use
24:26
excess gas, the other option would be burning that SX Gasps
24:31
and venting that into the atmosphere so why isn't that
24:36
mentioned in the letter which leads me to believe that that
24:40
letter is insincere anyways additionally many miners.
24:44
Use other power sources like natural gas that may otherwise
24:46
go and use Jai energy. And Wyoming is an example of a
24:49
company that is working with oil and gas.
24:51
Producers to make a positive environmental impact through
24:54
Bitcoin, mining Bitcoin mining. That uses utilizes flared gas is
24:58
also reducing methane emissions. In Texas, New Mexico, Colorado
25:03
West, Virginia Ohio, North Dakota, the private sector LED
25:06
breakthrough is an important tool to lower emissions in the
25:10
future finally digital asset. Mining can have a substantial
25:14
stabilizing effect on energy. Grids it maintains robust base
25:18
loads and yet it can be switched off quickly in times of peak
25:23
demand. So there's a clear battle in
25:28
d.c. happening. Okay, we have the highwomen Ben
25:31
later, we have a letter from Senator, Cynthia, lummis.
25:35
And just a refresher, we have a troubling patterning, pattern,
25:41
developing that worldwide, not only in the united states in the
25:45
United States, in Norway and Europe.
25:49
The majority of Bitcoins environmental attacks have come
25:54
from left-wing parties, And the right-wing parties whether you
26:00
like this or not. And again it's not black and
26:03
white to be specific. Have been the most accepting.
26:07
So What troubles me is that Bitcoin is the most inclusive
26:12
monetary Network. The world has ever seen.
26:16
Which I know is is, is is something very important to the
26:21
left wing parties, right? It's about helping the
26:23
underprivileged, right? The unbanked it's about equality
26:27
inclusivity, right? Bitcoin is the most equal,
26:31
inclusive monetary Network, the world has ever seen, especially
26:34
if you live in Cuba and Venezuela and Argentina.
26:38
If you're attacking Bitcoin mining, you're attacking
26:42
Bitcoin, so it's a very troubling development.
26:46
I don't know what to think of it and I'm not going to come to any
26:50
conclusions as of yet. Phil, what are your thoughts on
26:53
this troubling? Development?
26:54
Meant to me, it for me. It's a heartbreaker, dude.
26:56
It's a really Heartbreaker. I really fundamentally believe.
27:00
Bitcoin is bipartisan. It should be embraced by both
27:03
parties because it helps everybody.
27:06
Why do you think this is happening?
27:07
My friend and then we'll pass it on to Texas Slim.
27:11
So I you know what, I'm definitely, I'm definitely
27:16
concerned, you know, concerned about this and I'll tell you
27:20
I'll tell you why because these politicians that are very
27:26
quote-unquote you know, worried about the environment worried
27:30
about the toll of the energy grid.
27:32
I I know that they do get funding from a lot of large
27:36
corporations and and I know that their really spending a lot of
27:39
time digging into the Nuance of Bitcoins energy use and I just
27:44
it pains me to think that they're not doing the same
27:47
amount of research into every single company that is handing
27:52
them money for their parties and for the elections.
27:57
I just wonder. I mean are you know you think
28:00
that some of them are maybe worried about all the energy
28:02
that possibly Apple uses that Nvidia uses?
28:06
I mean, these things matter, you know what about food producers,
28:09
right? I mean we've got Texas slim
28:11
here, you know, like I'm sure that he can speak to the he can
28:14
speak to the fact of how much energy is being used and how
28:17
much of that energy is hydroelectric energy to produce
28:21
food. So I find it incredibly
28:23
hypocritical and psychotic that we are putting Bitcoin under
28:28
this microscope for its energy usage and the people that are
28:31
doing this are also at the same time, back handedly taking money
28:37
from corporations which do not give a shit about the Iron meant
28:41
do not really care about the energy usage at that.
28:44
That's that's my first point about this.
28:46
The the second point about this is, is that, you know what, it's
28:50
exactly what you said about being a political Bitcoin,
28:55
regardless of what side of the aisle you're on bitcoin.
28:59
Truly is a political we've said this before and we're not just
29:02
saying this is like a moniker, you know, or as a slogan,
29:05
Bitcoin truly is the money of enemies.
29:08
Okay, I can't stop you from earning bit.
29:10
Coin. Okay, I can't do that.
29:14
You can earn Bitcoin, you can spend Bitcoin, you can choose to
29:17
send it to whoever you want. You can find whoever you want
29:20
with it and there's absolutely nothing I can do.
29:23
If I'm friends with the owner of a bank or something like that, I
29:26
can't get them to censor your transactions.
29:28
I can't get them to do any of that stuff but in a Fiat world,
29:32
I can do that. So it's very, it's actually
29:38
really frightening that we are willing.
29:41
To put aside. True, high-quality hard money,
29:46
okay? We're willing to put that aside
29:49
for a fucking bullshit narrative that has to do with power and
29:54
control, excuse my swearing. But that's really what it is
29:57
like. This is It's So pitiful and
30:00
pathetic. And it just goes to show the
30:02
type of like, overall, you know, it's gonna sound corny.
30:05
Low vibe that we humans are because we are, we are willing
30:10
to piss away. All of our futures, which is
30:12
already happened to us. We are right.
30:15
We are the future from yesterday and we are suffering through the
30:18
poor decision-making. The poor decision-making from
30:21
1971. Okay.
30:23
That's 50 years ago. 51 years ago we're still suffering from
30:28
this. What do you think is going to
30:30
happen to your kids? Our kids what do you think is
30:34
going to happen to them? If we continue this idiotic
30:38
stupid dance for power and control, where do you think it?
30:43
It leads. Look at what we're talking about
30:45
today. When I was a kid, I never
30:48
imagined that we would be talking about social credit
30:51
scores, I never imagined that somebody's life could be
30:54
governed by frickin green yellow.
30:57
Red colors on a piece of paper or in a nap.
31:02
This is nonsense. This is insane.
31:04
It's made up bullshit. And every single one of us is,
31:09
well, not everyone of us, but for the most part are completely
31:12
brainwashed by this stupid And you know what, I think that the
31:15
people who have the stage, especially these politicians,
31:19
all of these politicians, anyone who has this space, it is their
31:23
duty to explain these things and to be objective.
31:27
And to say, you know what, this isn't the way that we should be
31:30
living, we need to change this. It's not about power and
31:34
control. We need to actually be better.
31:38
We actually need to be better. Not just have some stupid slogan
31:40
where you put everyone into a cell and have them eating.
31:43
Judge right. But then you just post on top
31:45
with a rainbow build back better.
31:47
Like that's not how this works, dude.
31:49
It's it's it's absolutely crazy. Phil went on an Eco rent.
31:53
Just now, I'm still kind of shocked, I've never heard Phil.
31:57
Go off. Like that.
31:58
Super passionate. So now that I have Texas slam
32:03
right here, Phil you killed it. I'm actually gonna double back
32:07
to what we were covering about because this is all look ESG,
32:11
this environmental. It's all related.
32:13
All the same thing, it's an attack Vector on bitcoin.
32:17
I'm going to show Texas lame, what we covered earlier on the
32:20
show and it relates to what we just covered just now, ESG has
32:24
officially collapses, first economy, Sri Lanka, hastily
32:27
pivoted away from essential fertilizer in the name of ESG,
32:32
and watched its crop yields plummet, Texas, lame.
32:36
I know you've been covering this tremendously and you've done an
32:39
incredible job. What are they doing?
32:41
Because this is a look, you All energy.
32:43
You control food. It's all-encompassing.
32:46
It's about power and control. I don't know if to give them the
32:50
benefit of the doubt and to be neutral.
32:52
I don't know if those letters, by Democratic senators and
32:57
Democratic congressman and woman has to do with power control.
33:00
I would like to remain on the fence with that but the ESG
33:03
stuff definitely has to do with power control.
33:05
And I suspect that the letters from the the Democratic
33:10
congressmen and women have to do with power in the Troll, but I
33:14
don't know that 100% for sure as of yet.
33:17
So text is Slim, what are they doing to our food?
33:20
What are they doing to fertilizers?
33:21
What's all this about? Well, if you look at food and
33:26
how we've basically turn into a one world, global food group,
33:30
basically we've had over, you know, for major Global
33:34
consolidations of Our Food, Industries since 1995,
33:38
basically, what people, don't understand what I've been trying
33:42
to Signal out is all these contracts have been signed.
33:46
Global contracts are moving forward.
33:49
And we're talking about the politicians, they're basically
33:52
kind of covering their ass A big playground here in a big
33:56
audience to where they can. I would say that what people
34:02
don't understand, there's a major food industry Chef that's
34:04
going across the world right now.
34:06
The manipulations that you see within fertilizer, the
34:09
manipulations that you see against the the cow itself, you
34:12
know, cow is now a carbon hazard-filled brought up you
34:16
know pay you we're going to be judged by a social credit score.
34:20
Well you know, let's let's put the g into that.
34:23
The cow being a carbon Hazard is going to identify you as a bad
34:27
citizen in the long run that's there in Tensions.
34:30
And the reason they do this is what is the sources of the seat
34:34
of their intentions? Well, you could, who was it
34:37
Kissinger? You control, you control the
34:39
food, you control the world, people forget, you know, in the
34:43
Bitcoin space in the Fiat space, whatever you want to look at,
34:49
The money comes separately. What is the most important thing
34:52
that you can control humans on is their consumption models and
34:56
with our food industry since 1971, we've been we've become
35:00
very complacent with our consumption.
35:03
We strive for convenience, and we strive for basically, you
35:08
know, make sure it tastes good. The marketing laws within our
35:12
food have been so manipulated, and are so corrupt.
35:16
If it says heart healthy than people, think that they're being
35:18
A good citizen. And so if you don't know what
35:22
food is then you're basically going to be trapped in a
35:25
consumption model that is going to judge you in the long run.
35:30
This is moving forward and they're going to attack food in
35:33
ways that nobody's really going to be able to come back, unless
35:36
they create a new consumer demand in a different direction.
35:41
This is part of the ESG. Why not use food as a weapon and
35:46
to look at these politicians and to understand about energy, how
35:51
they don't have a chance or a choice really anymore.
35:55
What's going to happen is in the long run, there's going to be
35:59
two class of people that it basically have two different
36:02
types of consumption models. And in the Bitcoin industry, we
36:06
need to really understand that this is something that is the
36:09
best opportunity of our lifetime to get Bitcoin into the
36:14
conversation associated with food.
36:18
Create a Consumer demand because they've destroyed the foil.
36:22
They've constructed they destroyed our nutrition.
36:25
We are nutritionally starved as a nation right now.
36:29
And if you look at history of time, you look at societies that
36:33
have fallen, you've looking at, you know, Nations that have gone
36:37
away. You looked at Wars that are one,
36:39
they don't win it by weapons. They went with food and you want
36:45
to control people's everybody out there.
36:47
Quit eating for two. Days.
36:49
See what happens to you and if people are so complacent with
36:53
how they eat, how they basically their Market access has been
36:57
choked in a way that they don't know.
36:59
I've been on the road for 24 days.
37:01
Now, a lot of feedback I've been getting, is it food comes from
37:05
the supermarket? And if you look at that, I'll
37:08
give you an example catfish in the state of Texas, is it might
37:11
be spawned in Texas. Well, it gets to a certain size
37:14
that catfish gets shipped to China.
37:17
Then they feed it. Some Eyes sludge that catfish
37:21
grows, they ship it back to the United States and then it's sold
37:25
in Texas. And so you look at the energy
37:27
consumption that you brought up earlier the energy consumption
37:31
based around the industrial food complex is so freaking out of
37:37
touch with reality and it makes people out of touch with reality
37:42
of food. And so why not attack the why
37:45
not be able to label the cows? The carbon Hazard because the
37:50
cow gives you heart attacks Calvin's cholesterol, you know
37:53
the fat fiction. Everything that's happened after
37:55
1971, they know they have us and so what they're going to do is
38:00
they're going to create this food industrial shift.
38:03
It'll be the fifth major consolidation of a global food
38:07
group and I've got my sub stack talks about all this.
38:11
This is moving forward, it's not going to stop and there.
38:14
The fertilizer the farmers the chemical companies the Rancher.
38:18
If you're underneath that umbrella, you're going to go
38:21
along with it. If you're a politician, you're
38:23
going to go along with the legislation that says, this is
38:26
what's going on within the government.
38:28
These are the global corporate contracts that have been signed.
38:31
There's no stopping this. We can circumvent around it,
38:35
it's not going to be 100%. But that's why I started the be
38:39
finished in two where people start looking at their
38:41
consumption models and they'll change the way they look at food
38:45
because we have to do that. It's not about stopping.
38:48
Being the great set. Yeah, about opting out of it,
38:54
Bitcoin stands in the way of you and them and that's why they
38:58
absolutely hate it. And that's why they're attacking
39:02
energy. The way they are.
39:03
If you control energy, if you control food, you control
39:07
people. Bitcoin is a way to opt out.
39:09
It's driving them crazy. That's why they're attacking it.
39:13
But anyways, Phil, it's time for the daily fail brought to you by
39:17
swan. Come out a swan Bitcoin.com.
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39:37
All right, we've got some fun fails today.
39:39
I mean, they're always kind of fun, aren't they?
39:41
But yeah, we're going to make some fun of the, the Fiat
39:44
system, right? We were just talking about Fiat
39:46
food, Fiat rule Rules, right. Fiat energy narratives.
39:51
Well, why not? Why not a little bit of Fiat
39:56
education. It's a great tweet from plan
40:00
Marcus. That's right.
40:01
I got your name right? I always called you plan, B,
40:03
Marcus for I have no idea why? Okay, don't get mad at me.
40:06
Here we go. Honorary degrees are so proof of
40:10
stake. Yes they are.
40:12
And this is something. I know we're understood like I
40:15
never understood this, you know, like I mean, I worked with
40:19
Engineers for over 15 years, do I not deserve some kind of an
40:22
honorary degree. Maybe I deserve to be an
40:24
engineer an honorary engineer, who knows?
40:27
So. Here we go.
40:28
What's this about? That's right.
40:30
That's Christine Lagarde. Our favorite, our favorite
40:33
banking felon? Yes.
40:35
Right. You want to do banking rights?
40:36
It's gotta be a felon first. Anyways.
40:39
Anyways so here we go. And of course Anderson Cooper.
40:42
What's he? That's a meme.
40:43
I think that's a no. Huh, I think that's fake.
40:46
Oh no, I don't think that's fake.
40:47
What do you mean? II don't think that's actually
40:50
fake. I went and did some digging and
40:51
I think that she actually did get an honorary, don't know, I
40:55
know, I know she got not a degree because I saw the
40:57
pictures missing the CNN Headline.
40:59
Oh yeah, yeah, no. No, of course.
41:01
But I just thought that it was absolutely hilarious.
41:03
Right? ECB president has noted.
41:07
So but this is the thank you for clarifying that Nico for you
41:11
know, for everybody and it's just absolutely hilarious.
41:15
Right that they you know, that we do this and the fun Is thing
41:19
is that everybody plays along with it?
41:22
Like imagine you actually went to school and you spent all of
41:26
this money, look people who grew up in the state's know how much
41:28
it costs to go to school and imagine you see some, some
41:32
putts, some Hollywood star or something like that because we
41:36
have seen that and they get honorary degrees.
41:39
I'm pretty sure Tom Hanks got one.
41:42
I think that I think that the Sean Connery was was knighted,
41:46
if I'm not mistaken, anyways, Not that that has anything to do
41:50
with it. But my point is, is that we are
41:54
living in a proof of stake Society.
41:56
These are proof of stake actions.
41:58
These are not proof-of-work actions.
42:02
Anyways, anyways, before we move on to the part B of the fail
42:08
Nico, do you have anything to say about the Fiat?
42:12
Yeah. So the odd degrees like we are
42:15
coming out of the information, Dark Ages.
42:18
Um, the internet has given the average person access to all of
42:24
this information. We're looking back at these
42:27
archaic like systems, right? Whether it's the degree and they
42:31
put on the hats and they put on the thing, it's crazy.
42:36
It's absolutely crazy. And what what makes it even
42:39
worse is that they get these degrees and a lot of them feel
42:43
like they're better than you. Like it's, I have this degree.
42:45
Therefore, I'm credentialed. I'm an expert.
42:48
But I think what the last two years has shown us, right.
42:52
Is that the credentialed expert class?
42:54
Absolutely got taken to school by the hive mind of the
42:59
internet, right? And their reaction instead of
43:01
reacting. Humbly they react in we must
43:05
sensor we must put labels. That say the fact Checkers don't
43:09
agree with this. The experts don't agree with
43:12
this, right? Why don't you let people do
43:14
their own research? Well, they can't they can't
43:17
allow that. As in their whole system,
43:20
collapses, their whole system is based on the fact that I have
43:24
this degree now, therefore, I'm an expert and therefore you must
43:28
now listen to me the internet completely put that on its side,
43:33
right? And they don't know what to say,
43:34
don't know what to do about it and it's and we're look, we're
43:37
on Lookers on this and that's why we think it's hilarious
43:41
because we're bitcoiners, right? We use, we've utilized the power
43:45
of the internet and its ability to connect millions of People
43:49
directly to each other without utilizing a gatekeeper.
43:53
And we're looking at this, like this is, it's an, it's like,
43:56
looking back at the Middle Ages and that you're looking at that,
43:58
you're like, that's kind of stupid.
44:00
Anyways. Texas, limb, what are your
44:03
thoughts on that, man? I saw that the other day real
44:07
quick or whenever it was and because I've been on the road so
44:11
much. The only thing I could I can
44:13
really come to is that the, the deluxe rent-seeking that goes on
44:18
basically, with this higher, I think they're extremely
44:21
desperate whenever they do this messaging in this.
44:25
This basically hierarchy of status in in, it's worked in the
44:30
past, but I see it cracking right now.
44:34
Oh, and as far as one thing that I can see is a fell as well, is
44:40
that you all three of us here are pretty damn, good
44:43
researchers. That's what we do.
44:44
Right? And we research to get some
44:46
truth. One thing that a lot of people
44:49
out there that are using the internet that has brought us
44:51
together, they don't understand that Google is not the internet
44:55
in that they exploit the shit out of the, basically, the
44:59
information because people are such, you know, it's instant
45:04
gratification. Station is real quick.
45:05
It's type of research that we need to go deeper into.
45:08
They know that and they exploit everybody's attention spans and
45:13
their lack of true research. So, you know and that's, that's
45:17
what is kind of sad because doing something like that.
45:21
CNN the people that, you know, they have no clue of who Lagarde
45:25
is and that she's basically a, you know, basically she's very
45:30
good at presenting himself, you know, as it's somebody.
45:34
That's an authority. What we have to do is understand
45:40
that we do not have to basically have this spoon-fed type of
45:45
information anymore. I haven't watched TV for three
45:49
years, so I don't know what's really going on out there, but I
45:53
see it in the reflection of who we are right now.
45:56
As a society, I talk to a lot of people on the road, the other
45:59
day as I've been, you know, like 23 days, people think a road
46:03
trip across the United States. H is on the interstate
46:05
interstate they don't understand that the country that we have
46:09
right now and how it's being taken from us.
46:11
And also, the opportunity that's out there for us, as bitcoiners
46:16
to rebuild a society, that is yearning to have people get off
46:21
the freaking Interstate by saying that we can't use the
46:25
internet. The way we've used it in the
46:27
past, we have to get off the fucking Interstate here and we
46:31
have to get on those side roads, that's where the valuable
46:34
information. Formation ATS.
46:35
And until we do that mentally and on the internet.
46:40
And in our lives, we're going to give these stupid bells are
46:42
getting honorary degrees from a felon that's in, you know,
46:46
International banking felon, and until we change our perspective
46:51
in the way that we research Our Lives, then we're going to keep
46:54
on and people are still going to be believing that bullshit that
46:57
that is 100% was beautifully said yeah I just want to I just
47:01
want that before we move on to the next fail you were Exactly
47:04
correct. With that analogy with the
47:06
interstate because really the internet is, we have this.
47:11
So it's this fantastic illusion that the internet is bigger and
47:14
bigger but it's actually smaller and smaller because think about
47:18
it, right? When we get on our phones, what
47:20
do we do? You go to Twitter?
47:21
You go to Instagram. You go to tick, tock gen xers
47:25
and older go to Facebook, right? So that's just a couple of sites
47:31
and then from those sites people go.
47:34
Everywhere you, right? You also go to Amazon, you go to
47:37
eBay. But again how many sites are we
47:39
talking about? You know, when the internet
47:41
first came out, I remember it was all about exploration.
47:44
Like I remember people were expressing their individuality,
47:47
they were creating websites for fun.
47:50
They were, you know, like it was, it was anything.
47:53
The, I feel, I genuinely feel that the internet was bigger in
47:57
the 90s than it is today, and I think you're absolutely right,
48:01
everybody needs to get off the interstate of the internet.
48:04
Everybody needs to actually stop smell the flowers and walk
48:07
through the forest, you know. Yep.
48:10
So yeah I totally agree grates great points man.
48:13
Okay let's move on. Let's move on to some serious
48:15
shit coining. Here we go, here we go.
48:18
Let's see how that's it. So first you know, first we're
48:21
making fun of the first, we're making fun of Christine and the
48:24
fellows all the serious stuff in the beginning.
48:27
And that's how we're moving to exposing shit coins.
48:30
Yeah we're great. Let's dive into the shit coins
48:32
here. Okay anyways here we Go, guys,
48:35
this is a follow-up to Solana but it's not necessarily
48:38
specific to Solana because this is how people get fooled by the
48:42
tech narrative and this person on Reddit, made an excellent
48:47
post explaining okay, explaining the stupidity of these shit
48:53
coins. So we're gonna try this again,
48:55
okay? We're going to try and explain
48:56
this one more time and I think that this time this time the
48:59
tech savvy people because we've been arguing that there's a few
49:02
of us that have been arguing back and forth with this.
49:04
Troll. It's guys even been arguing
49:07
without him back. Like, he's trying to school at
49:09
him back on. What Bitcoins about?
49:11
This is hilarious. Okay, it's a hilarious thread
49:13
but it goes to the point and, and his his point.
49:16
The whole thing is he's at he's attack.
49:19
So he understands Tech. So you're not gonna fool him
49:21
into thinking that aetherium is a shit coin because of my
49:24
utilities. Okay, so let's dive into it
49:27
here. Software developers, take y.
49:30
So, Lana is the biggest scam in crypto.
49:34
Solana could literally be replaced with an SQL database.
49:38
At this point, you'd get as much scalability as you want and
49:41
there would be no trade-off in decentralization because the
49:45
chain has none to begin with people in crypto.
49:48
Don't actually want to get rid of the bank's.
49:51
They just want to be the first to get in on the bank that will
49:55
give them the biggest yields shit coiners and bitcoiners.
50:00
We are not the same. Okay, so This reference here to
50:06
the crypto people that shit coining.
50:09
Okay, that's what the shit coiners are looking for.
50:12
Anyways, let's continue on. I can show you a ledger that can
50:16
scale faster and for cheaper than Solana right now.
50:20
Moreover, it's more stable and you'll have next to no problems
50:24
using it because the underlying Tech has already been in use.
50:30
Since the 1970s who do go on I may want to purchase some of
50:35
this coin. Here we go since the 70s was
50:38
around before Bitcoin. Anyways, it's called that SQL
50:41
database. Oh my God.
50:42
No way. It's kinda like the stuff we've
50:44
been saying. Years.
50:45
Anyways, it can handle millions of transactions per second,
50:49
true. Even without complex, scaling
50:52
schemes, and it gets faster as you add more machines to it.
50:56
Also true, I used to, I used to install SQL databases and I used
51:00
to troubleshoot some of the tables and the indexing and it's
51:02
so yeah. So far, all of this is accurate.
51:05
You can pretty much run any financial application you want
51:08
on top of it with no problems because in fact, all of the
51:11
traditional Finance has already built on top.
51:14
Top of it. That's right.
51:16
They're already using databases that are centralized instead of
51:20
using a complex language, like, salinity or rust devs can
51:24
literally use JavaScript also true.
51:27
You can even log into it with your Facebook account also,
51:30
correct. What I'm describing is 100%
51:35
centralized. In fact, it's literally the
51:38
technical foundation for all centralization of data.
51:42
It's the bookkeeping layer behind the Billions and
51:45
trillions of dollars that the banks and big Tech are screwing
51:49
people out of every day. The settlement later.
51:53
That's right. If you have a ledger that can be
51:57
rolled back at the discretion of a central group of authorities,
52:02
then it's literally a glorified database being run by a
52:06
glorified bank, if you have no problem with this, then you're
52:10
in crypto for the wrong reasons. Therefore, I suggest it's Time
52:15
to re-examine things. And that's right.
52:19
Chances are if you're in crypto because of this, it's because
52:23
you don't understand the value proposition of Bitcoin.
52:27
Now, I have seen many people get fooled by the tech and the
52:32
reason I'm able to identify how people get fooled by the tech as
52:35
because I myself was fooled by the tech.
52:38
My background is in network Administration.
52:40
So, as you could imagine, when I came to bitcoin and I saw all
52:44
these different tone, Ins. And I started reading all these
52:46
different white papers. I immediately realized I've got
52:50
an advantage because I understand the tech.
52:54
I was wrong, I got fleeced and I got wrecked because the money
53:00
isn't about the tech. Okay?
53:04
It's about the properties of hard.
53:08
Money, more importantly, it is about the censorship resistant
53:13
properties. Of Bitcoin and its
53:16
decentralization. These are very important themes.
53:21
So if you're here and you are looking for something that the
53:24
government can take away from you and you want to be able to
53:27
save in something that is unconscious skateable.
53:31
That is decentralized, that is not controlled by a central
53:35
entity. Then you are looking for
53:37
Bitcoin. You're not looking for one of
53:40
these shit coins, okay? The last piece I want to say
53:43
about this. If that database, if that
53:48
database is so valuable. Then why doesn't SQL have its
53:53
own token? Why didn't Microsoft make a
53:56
token for it? Now again, I'm not saying that
53:58
the beta is not valuable, but what I'm trying to illustrate to
54:02
everyone is that not all of this technology needs to be money.
54:06
It doesn't all need to be money because if it does, then sequel
54:09
should have its own token. Think about it, that's literally
54:13
when you're, when you're buying Solana, okay?
54:16
When you're buying a few, when you're buying any of these shit
54:18
coins, you need to ask yourself. Like why doesn't Microsoft Word
54:22
have a token? Well why doesn't it?
54:24
Do be right the dhobi reader or Premier.
54:27
We use Premier to do editing. Why does it have a token?
54:31
I'm telling you like, I feel like we're taking crazy pills
54:33
here. Anyways, Texas Lynne, before we
54:36
go to Nico. What are your thoughts?
54:39
I'll just by the way, make them feel alive.
54:42
I have two honorary degrees as well.
54:46
Programmers. I'm a programmer I got my PhD in
54:50
programming and networking. That's how I started.
54:53
Girl. I started as a network
54:54
administrator in Austin, Texas. And so my first contract ever
54:59
had was with Motorola and they paid me $45 an hour and then I
55:03
got out of it pretty quick but anyways is fun.
55:07
I'm older than everybody basically you know on the show
55:09
and you in Bitcoin I'm generational X I have the luxury
55:14
looking back on how we're How we innovated in the shit coins of
55:18
the time of Technology, back in the 90s and the 2000s.
55:22
And everything that we see right now is basically it's a Fiat
55:27
mindset. It's a fake ego.
55:29
It's a false ego that says, hey, the technology is just, it's so
55:35
idealistic that it loses the sense of value and it might be a
55:40
great idea. But the once again, it's very
55:43
idealistic. I have no, Problem, being able
55:47
to reflect back what happened to the.com, boom, the.com, bust
55:51
with the same mentality. We're going through the same
55:54
cycle. In all these people that think
55:57
that that's new technology. Blockchain crypto technology has
56:01
has any validity. One point seven trillion dollars
56:06
was lost overnight during the.com bust.
56:09
Well, what happened is lot of people got very idealistic, they
56:12
had no Foundation of value to stand on.
56:16
That's exactly what we're seeing right now.
56:17
It's going to happen. And you know, I have no problem
56:20
of beef initiative is a freaking Bitcoin company.
56:23
We have a base layer of Bitcoin and that's it and going and
56:28
talking to the people that I've been talking to, you understand.
56:32
And this is my, this is my angle.
56:34
You can tell a shit corner by what they eat.
56:37
You can tell a Bitcoin or by what they eat.
56:39
Why? Because we have value that's
56:41
base layer in freaking nutrition.
56:44
Think about that. Why are so many bitcoiners into
56:48
animal proteins that make you stronger and better?
56:51
Why is it that most shit Corners?
56:53
Love their chicken, 10 bees in their pizza pockets?
56:56
It's because they think it tastes good but it has no
56:58
fucking value. Oh, man.
57:02
So it's actually, it's actually interesting.
57:05
You say that Texas Lynn because I believe that back in your time
57:10
I believed that you were part of a minority with those degrees.
57:16
Now, we live in a time where if you did a degree nowadays, if
57:20
that's just another box you have to check your part of the
57:23
majority, right? So I believe it was very
57:26
different times. Well yeah, let me reflect real
57:30
quick. When I got into technology, I
57:32
was bartending on 6th Street in Austin, Texas, bookstore at 6th
57:37
and Congress book people I think, but whatever it is.
57:39
One of the bookstores. I used to go there on the
57:42
weekends and I studied Network Administration.
57:45
I Out of school for it. I self-taught myself we were a
57:50
rare breed that we were innovating with our own
57:53
education. We didn't have these honorary
57:55
degrees, you didn't go to the University of Texas to learn how
57:58
to be a network administrator. Ha ha ha.
58:02
That's amazing. So you learn the way that I
58:05
learned as through the internet but you use the rudimentary
58:10
internet you do you use the internet layer 1 which Just
58:13
Books right libraries, that's awesome.
58:16
Awesome. Okay, so one comment before we
58:19
check out your site, Texas. Limb.
58:22
And this is some signal guys. You tune into shit coin shows
58:26
and shit. Coin podcasts, they're talking
58:28
about the Splurge, the merge, the this, the debt you tune into
58:33
Bitcoin podcasts. They're talking about world
58:35
events. Geopolitics food, real food.
58:39
Why is that? Take a look at Tales from the
58:42
Crypt. Take a look at his podcast.
58:44
Take a look at other Bitcoin podcast.
58:46
We cover world events. Versus shit coin content,
58:51
creators podcasts all that they're just covering, then you
58:54
merge. And then you splurge and then
58:56
you do. The dev team is doing this.
58:58
You got to join Discord, you gotta do this.
59:01
Now that I pointed out to, you can't unsee it.
59:03
Anyways, filled, it's time for the daily meme, review, brought
59:08
to you, by Citadel 21. It's the best Bitcoin cultural
59:11
Zine its stories articles Comics by actual bitcoiners is artwork
59:16
for volume. Attend is artwork for volume.
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To and this is artwork for volume 11.
59:21
Volume 2 is almost sold out because there's only 1000
59:24
physical copies made per volume. So get your prints of Citadel 21
59:28
today before they run out. Alright everybody, Welcome to
59:32
the Bitcoin mean review. We review Bitcoins but sometimes
59:35
review images because they have the power of memes.
59:38
They really do sometimes. Anyways, this is what we were
59:41
talking about in the very beginning of the show, how
59:44
Germany went green and four easy steps shut down.
59:49
Clean nuclear move too, unreliable wind and solar become
59:52
reliant on Russian natural. Gas, fire up dirty coal.
59:55
Again, you know the bicycle meme where it's like, oh no writing
1:00:00
and then he puts something in the thing, and then he blames
1:00:02
someone else, like, oh, man, anyways, for audio listeners.
1:00:05
It says, Germany shuts, down half of its six.
1:00:08
Remaining nuclear plants. Green Germany.
1:00:11
Brings forward goal of 100 percent.
1:00:13
Renewable energy powered by 2035 favorite.
1:00:19
How dare these are all in in chronological order.
1:00:22
By the way, how Germany Europeans biggest economy became
1:00:25
so dependent on Russian natural gas, Germany to fire of coals
1:00:30
anxiousness, Russia, squeak system.
1:00:33
That's like, this is ESG. You want to know what he is?
1:00:37
He looks like this is it right here?
1:00:38
It's all Moritz. All virtue signaling.
1:00:41
It's not based in reality. Anyways, I thought this was so
1:00:44
powerful. Yeah, this is, this is a former
1:00:47
prime minister of Thailand. And apparently he got he had to
1:00:52
step down because of the coup. Hmm, take a look at the back.
1:00:56
Wonder why? That is a block clock in the
1:00:59
back. Okay, here is contango.
1:01:03
It takes control of its privacy keys, or else?
1:01:06
It gets the rug again. Very good contango.
1:01:09
That was good. All right, by Rasmus, it's the
1:01:12
Family Guy Noah's Ark. Meme, the template, the Federal
1:01:15
Reserve. What the heck is this Ponzi
1:01:17
scheme counter for any skin It's the elephant in the penguin
1:01:22
combined, okay, by Rd underscore BTC, I got wrecked on shit
1:01:26
coins, who should coins? It's Dory from Finding Nemo, and
1:01:30
it's making the joke that people forget because they want the
1:01:33
yield and the gains, whatever, the fuck that means, anyways,
1:01:35
Stony B A Stony B and there's Sony's ghost now and now he's
1:01:40
lending it to block fi what cover that tomorrow, guys.
1:01:44
But just to give you guys a quick update, sambac Bank, Ride,
1:01:49
which is the CEO of block fi bail.
1:01:52
Sorry, CEO of the scx. I apologize.
1:01:55
Bailed out block fi, you got that right?
1:01:57
You gave them a 250 million dollar line of credit.
1:02:01
Now, what does that? Why is it that Bitcoin companies
1:02:04
don't get bailouts and the shit coin companies?
1:02:07
Just like the Fiat system are bailing others out and then what
1:02:12
is the consequence of a bailout? You're not allowing the free
1:02:17
market to take its to do its thing.
1:02:20
So free market is beautiful because when a company fails
1:02:23
right, it flushes out the less efficient companies and good
1:02:28
companies. Take its place, but if you don't
1:02:31
let a company die also known as too big to fail.
1:02:34
You your, your propping up a zombie.
1:02:37
Something that wasn't supposed to survive, but is surviving
1:02:41
because of intervention. Anyways, SBF asking.
1:02:45
You what your Margin Call is to make sure he liquidates you
1:02:48
anyways. Oh man, this is Paulo and Reno.
1:02:53
He is the chief technology officer of tether Bitcoin whole
1:02:57
bottlers navigating last for the last few weeks and is literally
1:03:01
a ship. It's a ship under what literally
1:03:08
sinking in the guy's just drinking a cup of coffee, like,
1:03:11
he doesn't care. Bye.
1:03:12
Giggles Murder By The Dip 2017 class.
1:03:15
Is telling the 2021 class in a boot camp to make it up.
1:03:19
Absolutely hilarious. Our last but not lease.
1:03:22
Listen, mother effer. You haven't sold.
1:03:25
You haven't sold. So you haven't lost anything and
1:03:28
that is what's that guy's name? Phil I forget.
1:03:30
He's super epic Morgan. Freeman Morgan Freeman with his
1:03:34
epic Godlike. Voice saying that just a guy
1:03:37
give you guys a idea. Anyways, Phil for that.
1:03:42
I'm going to give it a pin. From my crypto cloaks Bitcoin.
1:03:48
Grenade toy. What would you give those memes?
1:03:51
Very nice. Well, you know what?
1:03:52
Going with today's theme. So I'm just going to rate the
1:03:55
show because we could do whatever we want.
1:03:57
It's a mean review and we review meetings.
1:03:59
So based on that, I am giving it the Fiat standard, which was
1:04:05
given to me by Tone vase. That all right.
1:04:11
Yeah, I haven't read it, but I do, I did put it on my
1:04:13
bookshelf. We're here, I will get to it.
1:04:16
Anyways, text is Slim, what would you give those memes?
1:04:20
Well, I've been on the road for, you know, that long, 23 days.
1:04:24
Well, I went to a lot of meetups and guess where I am right now.
1:04:27
Nico. I just drove into Nashville, in
1:04:30
my, I'm at Bitcoin park again. National and I did a big old
1:04:36
Circle but oh wait, that's South Carolina.
1:04:43
No, that's tennis See, that's Tennessee.
1:04:46
Uh-oh, Texas. Slim is no longer.
1:04:51
That's not, that's not Tennessee.
1:04:53
Texas now. That's uh, that's North
1:04:55
Carolina. I'm sorry line.
1:04:56
Okay. No skill.
1:04:58
I got confused. I'm like, that's not tied to see
1:05:03
how many states, but still there.
1:05:04
It's a base cutting board for your steak that you're going to
1:05:07
buy it, you know, very good one. Well, I would feel bad if you
1:05:10
got the Florida one because I would be kind of weird.
1:05:14
We didn't cut that up. But anyway, it's a it's a pretty
1:05:19
good cutting board. I've already used it on the road
1:05:21
like five times. So it's so funny because when I
1:05:24
was traveling and actually stayed with Texas slim at a
1:05:29
bitcoiners like like little place and he gave it to us to
1:05:33
stay there a night or two, and I open the fridge because I got
1:05:37
there, like three in the morning and the only thing was in the
1:05:39
fridge was just these giant steaks and that's when I knew I
1:05:44
was staying Staying with Texas, limb.
1:05:45
Anyways, guys, we want to know, if you agree with our scores,
1:05:49
you disagree, let us know down in the comments section.
1:05:52
Make sure to subscribe to us on alternative video platforms like
1:05:55
Rumble.com and Bitcoin tv.com. And of course, make sure to join
1:06:00
our awesome telegram group. It's a party in there.
1:06:02
It's plebs posting memes. Guys.
1:06:05
If you're the audio listeners on Twitter spaces, make sure to
1:06:08
stay tuned till after the show because we will be doing a live
1:06:12
Q&A. Still it's time for know.
1:06:16
There is a website by Polly. Why don't you show?
1:06:19
Everybody websites brought to you by Cipher safe.
1:06:23
Check them out. Seifer safe dot IO papers dead.
1:06:27
It's not the right way to store your seed store, your seed, in
1:06:31
the all new Cipher Grid or the Cipher wheel.
1:06:35
They both come with a tamper-resistant wire and the
1:06:38
grid also comes with a punch tool.
1:06:40
All right, everybody check out our awesome guests.
1:06:44
Website, where you could order beef, the best beef, the Bitcoin
1:06:49
beef on demand to your doorstep. This is beef.
1:06:53
Initiative.com has education, use letter, but my favorite part
1:06:57
of the website, is the beef box. Check this out, of course you
1:07:01
could pay in Bitcoin, the prime, the Platinum, the Texas Slim's
1:07:06
Top Hand box. One Tomahawk for bone in cowboy
1:07:10
rib eyes, 255, steak lovers 175. The best steak in the business.
1:07:18
Check it out. Phil, it's your turn.
1:07:21
I'm hungry now, I'm hungry. He just went through that and
1:07:24
it's like, okay, we need to do something for supper.
1:07:27
Okay. Anyways, anyways, guys, back to
1:07:29
the show back to the show. Remember, don't forget to check
1:07:33
us out on our Audio, Only platforms Apple podcasts Spotify
1:07:38
and anchor. If you want to stream a SATs,
1:07:40
check us out on Fountain. Dot f m--, you could stream
1:07:42
assets through Breeze. Awesome.
1:07:44
Thank you, Phil. All right, guys.
1:07:45
That was our show before we go. I want to give a very special
1:07:49
shout-out to our clothing. Sponsor, represent LTD.com Phil
1:07:54
and I wear the hoodies every single day.
1:07:57
Also, check out pirate Beach Bums, sub stack bear Market
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Diaries, it's freaking awesome. Go subscribe right now, pure
1:08:07
pleb signal simply Bitcoins coming out with a newsletter
1:08:10
will give you guys more details as the days go by.
1:08:14
And I also, Give a very special shout-out to the legendary
1:08:17
Texas. Slam you go, get my follow at
1:08:20
modern T-man. Definitely go check out his
1:08:22
website beef. Initiative.com, the one that we
1:08:25
just showed you guys, that was our show if you enjoyed our show
1:08:28
you know to dismiss my life. But it of course you want to
1:08:30
continue here in the Bitcoin. Use from the plead pleb
1:08:33
perspective. Not the Bitcoin use it's the
1:08:35
world news. You want to continue hearing the
1:08:38
world news from the perspective of bitcoiners.
1:08:41
Definitely consider subscribing to Simply Bitcoin Al's memes.
1:08:45
It's all in there. We'll see you guys tomorrow for
1:08:46
a brand new episode. The shortening attention span is
1:08:50
part of the Fiat design.