Latest / Simply Bitcoin / Jack Mallers Predicts that $200k Bitcoin is Guaranteed | EP 874

Transcript

Jack Mallers Predicts that $200k Bitcoin is Guaranteed | EP 874 · Simply Bitcoin

0:05
It's. All going to zero against
0:08
Bitcoin. It's going on forever more.
0:18
You're against Bitcoin. You're against freedom.
0:23
Happy Thanksgiving everyone. Welcome to Simply Bitcoin Live.
0:26
We are your number one source for the peaceful Bitcoin
0:28
revolution. Cover breaking news, culture,
0:30
medic warfare. We will be your guide through
0:32
the separation of money and state.
0:34
And in honor of Thanksgiving, I'm going to start with a Happy
0:36
Thanksgiving message. I'm thankful for everyone who's
0:40
accidentally lost access to Bitcoin over the over the years.
0:44
Guilty of this myself. We are all very grateful for
0:47
making everyone SAT just a bit more scarce.
0:50
On behalf of everyone, thank you.
0:52
Happy Thanksgiving. So yeah, it's very festive day.
0:56
And Opti and I are finally gonna take a We're gonna take a break
1:01
tomorrow, bro. Ready, Ready for the tomatoes.
1:05
We're gonna, we're gonna take, we're gonna actually take a
1:07
break tomorrow. We haven't taken a.
1:08
Break a much needed break a. Much needed break because we are
1:11
running on fumes, but we are gonna be taking a break
1:15
tomorrow. Just kind of take a longer
1:17
weekend. Just take it easy.
1:19
As as you know, we we celebrate the festivities with friends and
1:23
family. So I hope everyone's at home,
1:25
you know, having a good time and enjoying enjoying the company of
1:31
your loved ones. If not, we are here for you.
1:34
We're simply Bitcoin and we're here to entertain.
1:36
Opti, you're you're looking. Quite quite fancy today.
1:41
Oh dude, it's just this new coat I got.
1:43
I really like it. It's nice wool coat.
1:46
You know, I was. I thought I had to run out.
1:49
Did you? Pick it off from a homeless guy.
1:51
No. Do you think a homeless guy had
1:52
this much drip? Yeah, right.
1:57
No, I I I got dressed. You know, I I had to go
2:00
downstairs and I thought I had to run, run out of my apartment
2:03
quickly. And so I got dressed this
2:05
morning, so forgive me guys. And you know it's a holiday.
2:08
Why not look good, feel good as as the great primetime said, you
2:13
know you look good, you feel good, you feel good, you play
2:17
good. So.
2:18
We got to look good every once in a while, man.
2:20
We got to look good every once in a while.
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It's. True.
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It's true. Oh.
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Yeah man happy Thanksgiving to everyone in the chat.
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So much love in the chat. It it's honestly it feels really
2:29
good it's humbling and and it's an honor guys like really it
2:32
it's really incredible to see everyone showing love to each
2:35
other in the chat and and what we do here and I'm I'm just
2:38
super appreciative and that's kind of what I'm going to cover
2:41
today on culture Nico before you get into what we're covering in
2:43
the news and all that. First of all, you know things
2:46
I'm grateful for. And then maybe some tips for
2:49
your Thanksgiving dinner conversation so you're not just
2:52
completely unbearable and ranting and fighting with your
2:56
family. That we are correct.
2:59
So we'll see what happened. Maybe drop in some tips for
3:02
yourself what what you're thinking when we're doing the
3:04
culture. And we'll cover some because it
3:07
might be a quick one today, so. I like that.
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I like that. Some some tips to to orange pill
3:13
your friends and family at Thanksgiving I like.
3:15
Really tips to be less unbearable less.
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Unbearable. I like that.
3:19
I like that. Anyways guys, today during the
3:22
news we are going to cover, Jack Mahler is going on Fox Business,
3:26
absolutely crushing it. Saying the choir part out loud,
3:30
saying because of the amount of money that the US government has
3:34
printed, because of the level of the of the debt, Bitcoin is
3:39
basically destined to go up forever.
3:42
He did say, quote, it's going to go into the hundreds of
3:45
thousands of dollars. Mind you, he is saying this on
3:48
the legacy corporate media and that is how we break the Bitcoin
3:52
echo chamber. Ladies and gentlemen.
3:54
It's not, you know, we Bitcoin content creators, we make, we
3:57
make content for other bitcoiners.
3:59
But when you have the likes of Natalie Burnell, when you have
4:03
the likes of Steven Lovko was on CNNBC this week, when you have
4:09
Jack Mahler's go on Fox Business, right?
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These these legacy corporate media outlets that I I honestly
4:16
don't think they'll be around. They're very, very popular in
4:19
1015 years or so, but now they are currently, they are.
4:23
That's really how you break the Bitcoin echo chamber,
4:27
specifically in the trad fight world.
4:28
And then of course, on the mainstream cultural realm, you
4:32
know, you have to go on the podcast, you have to go on Tim
4:34
Poole, you know, have to go on these.
4:37
You know Jordan Peterson and you know all the all the popular
4:41
main Joe Rogan of course to go on the popular mainstream
4:44
podcasters. That's how we went over the
4:45
culture. This is how we went over the
4:47
Trat fi. We got to spread the orange
4:49
signal. Remember guys not left versus
4:51
right, it's orange versus green at the end of the day.
4:54
So we're going to talk about that during the news segment
4:56
also just going to give you examples of just more
5:01
gaslighting. From from the government
5:05
essentially not taking responsibility for inflation,
5:09
not taking responsibility for the economic situation.
5:14
They know they're not incentivized to not taking
5:18
responsibility for, you know, the last poll, 59% of voters
5:24
under 30. In the US economy are poor.
5:28
It's crazy, right? We read you another dead serious
5:32
That's what it says. I know, it just sounded so good.
5:35
Another percentage point was 61% of Americans in general are
5:39
living paycheck to paycheck. That's also a very striking
5:43
number. So we're going to have all we're
5:45
going to. We have all that information for
5:47
you. And also of record was set 83
5:51
Bitcoin transaction fee sets a new record in Fiat terms.
5:57
That's right, someone paid $3.1 million for a single Bitcoin
6:04
transaction. They did not have to do this.
6:08
It seems like it could. It seems like it was by
6:12
accident. Last time this happened someone
6:14
paid an absurd amount. The mining pool was kind enough
6:18
to return the funds, but it seems like these kinds of things
6:21
keep happening. My recommendation guys is use
6:25
Sparrow. Use Electrum.
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Use a hardware wallet our our sponsor foundation.
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Look at mempool dot space. Our sponsor foundation will
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literally give you a warning if you know if your fee is too
6:38
high, right? So yeah, you shouldn't be paying
6:42
three. I know fees are going up, but
6:44
you shouldn't be paying $3.1 million for a single Bitcoin
6:48
transaction. So anyways, we're going to cover
6:50
all of that. It's going to be a great show.
6:52
Can't wait into it. This is the Thanksgiving special
6:55
guys. If you are enjoying the show,
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Smash that like button. Consider subscribing if you feel
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And shout out to our Rumble and Twitter audiences as well.
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All right everybody, no more delay.
7:10
Let's jump straight into the show.
7:11
We got a lot to talk about today.
7:12
Let's check it out. The.
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Anyways, at the time of recording, the Bitcoin price is
9:17
37,215 stats per dollar. 2687 Block height 818,131 blocks to
9:29
halving 21,869 Halving Estimate April 19th 2024 Total Lightning
9:37
Network capacity 5361 Bitcoin Capacity Value 199 million U.S.
9:46
dollars Realized Monetary inflation 1.75% The market.
9:52
Capitalization of Bitcoin $727 billion.
9:57
That's a billion with AB Bitcoin versus gold market cap 5.45%.
10:04
The grand scheme of things, Bitcoin is still a baby.
10:08
Anyways, here is Jack Mahler's on legacy corporate media.
10:12
I got to be honest, I love this show, this anchor.
10:15
I I don't know who his name is, but I I definitely should
10:17
because he's given a platform. Something pain, they always tell
10:20
me in the chat, like. He's giving a platform to
10:23
Natalie. Natalie absolutely crushes it
10:26
every single time he she goes on his show, he's having Jack
10:30
Mahler. So this individual shout out to
10:32
him, bro, he's a fan of Bitcoin, that I got to say that, you
10:35
know. So anyways, let's let's check
10:39
this out. Mind you, at this moment in
10:41
time, the Bitcoin price was only at 35,888.
10:44
Right now it's sitting pretty at 37,223, so.
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And things just keep getting better.
10:51
Bitcoins up 120% plus this year in 2023 alone.
10:57
So it looks like things are headed in the right direction,
11:00
Opti, to say the least. Anyways, I'm going to shut up.
11:03
Let's hear what Jack Mahlers has to say.
11:04
Let's check it out. What do you see?
11:06
What's the? What's the?
11:07
Future, the near term and the longer term future that you
11:09
envision for Bitcoin. Oh my gosh, this thing's going
11:12
hundreds of thousands of dollars per coin, Charles.
11:14
I mean, the US government is in so much debt.
11:17
The way I think about Bitcoin's price, Bitcoin's price equals
11:19
technology plus Fiat liquidity. So it's going to go up because
11:22
it's innovative tech and it's better money.
11:23
But what really shoots it up at a net breaking pace is when our
11:26
government is 10s of trillions of dollars in debt and has to
11:28
roll that debt over. So they got a lot of money to
11:29
print and financial assets are going to soar and Bitcoin goes
11:32
up the most because it's the hardest to make more of.
11:34
It's over, man. This thing's going to the moon.
11:35
You know, it's so interesting too, because it's not just the
11:37
USI was just reading today Globally, these countries, these
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advanced. And all this Fiat currency are
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going to have to spend $2 trillion on the interest alone.
11:45
And they won't stop spending, Jack.
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They just won't stop spending money.
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And it's coming back to haunt them.
11:49
And it's coming back to maybe people realizing Fiat currency
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is not the place to be, huh? Charles, this would be my
11:54
message to America. Give me a second on this one,
11:56
guys. the US government's got about $10 trillion over the next
11:59
two years to roll over refinance.
12:00
That's debt. Our country's in debt.
12:01
It's a huge problem. They got three options.
12:04
One, they can pay it back. It's not a real option because
12:06
we don't got the money. We're broke 2.
12:08
Our government could come out Charles, and say, you know what,
12:10
guys? We screwed up after World War
12:12
Two. We changed the way money worked.
12:13
We got off the gold standard. We issued debt all over the
12:15
place. We got way too cocky.
12:17
And actually all of our banks don't have your money.
12:19
They're insolvent. All the airlines you fly and
12:21
travel on aren't actually good businesses that should be in
12:23
business. Healthcare shouldn't actually be
12:24
free. We screwed up.
12:26
We piled on so much debt and screwed up the younger
12:28
generation, and we're in huge trouble.
12:30
So we're going to have to let everything fail and reset this
12:32
country. Now, they're not going to do
12:33
that, are they, Charles? They have third option, which is
12:35
unique to the government. They could print the money that
12:37
they're missing. And when they print the money
12:38
that they're missing, they're stealing from all the people
12:41
that hold U.S. dollars. And So what they'll do, they'll
12:43
have to do is print dollars. And the only way to save
12:46
yourself is own, not dollars. And that's when you see things
12:48
like the SP500 and gold in between soar.
12:51
And so that's what's going to happen over the next two years.
12:53
They got to print three times more than they did during COVID.
12:55
Love your enthusiasm, Jack. We're going to bring you back.
12:57
I really, we really do love your enthusiasm and your message.
13:00
Thanks a lot for sharing it with us.
13:01
Thanks a lot. All right, bud.
13:05
He's like, that's too much sauce, too much sauce.
13:07
It's too crazy. It's interesting to see, you
13:11
know? And This is why Natalie is so
13:12
awesome, right? Like Natalie, the way that she
13:15
says it. I think she remains within the
13:17
Overton window. The acceptable, the acceptable
13:20
window of discourse, and the message in the in the delivery
13:24
of which she's. Conveying the message and you
13:27
see the reaction between the anchor from someone like Jack
13:31
Mahler's who gets passionate like I you know, I'm full balls
13:34
to the like Bitcoin or slavery, etcetera, etcetera.
13:38
But we have to understand for the Normie, you sound like a
13:41
psychopath, right? But that's why like it.
13:44
But it's so interesting that these types of discourses are
13:48
being held. On the legacy corporate media.
13:50
So shout out to Jack Mahler's Delivering the Truth.
13:53
Maybe it was too much truth, too much truth.
13:56
And then shout out to to Natalie, who does it in a way
14:00
where the truth is still delivered, but it's within the
14:04
Overton window, so it's received.
14:06
It doesn't sound like crazy. Talk to the, you know, the
14:10
everyday normie or the no coiner.
14:12
So anyways, man, we are making progress.
14:14
We are breaking the Bitcoin echo chamber.
14:17
And as it relates to the title of the video, look, Jack Mahler
14:21
said the choir part out loud. They're gonna have to print a
14:24
whole lot of money. And when Kiwi comes back, you
14:27
know Bitcoin is gonna go to the moon.
14:30
What is the equation, right? It's Infinity divided by 21
14:33
million. I know.
14:34
I know what I would. I would.
14:36
I know what I would much rather have.
14:38
Anyways, Opti, what's your take on all this?
14:41
Yeah. Well, First off, I wasn't sure
14:44
at the beginning if you were running that at 2X or if that
14:47
was just Jack Ballers at normal. He was running that at 1.2 fives
14:51
the speed, but he was just going ham.
14:52
He was going ham. He was like Opti, Opti 5 coffees
14:57
in. Yeah, I was just, I was gonna I
15:00
was gonna talk about I just, I absolutely love the energy.
15:03
I I, you know, I think there is something to having more sober
15:07
conversations around Bitcoin, like you're saying with Nat for
15:10
now, but man, you got to love the enthusiasm.
15:13
Like that's the stuff that just makes you feel like you can run
15:16
through a wall. So just I I love when Jack
15:18
Mahler's gets on anything and talks about Bitcoin because it
15:22
really gets you hyped up. But.
15:24
Anyways, on that note, finally someone is stupidly bullish
15:29
spreading the signal. Absolutely love it.
15:32
Finally we have someone that's not being conservative, shouts
15:35
out the Jack Ballers. I think he sees what we've been
15:38
seeing. I mean, I've been saying it for
15:40
a while. You know, what do I know though?
15:42
I just. I'm looking at the the playing
15:45
field right now and it really feels like we are going into a
15:48
perfect storm for this bull run. I I'm very convinced that we are
15:54
going to overshoot all of our predictions to the upside. 100K
15:59
just seems like not far away guys it it seems like very
16:04
close. If you think we're only going to
16:07
get stopped at 100K, you are too bearish.
16:10
I know there will be a lot of friction, around 100K, but if we
16:15
break 100K with some with some vigor, then I think the FOMO is
16:19
going to get absolutely crazy. And then just kind of touching
16:23
on some of the things that Jack was saying, Let's go, Yeah, the
16:27
Thanksgiving special is just fully bullethearted.
16:30
OK, touching on some of the things that Jack said first.
16:35
You got to love when he goes on any corporate press and any
16:39
Bitcoin rally. I got to say, Opti with the
16:42
suit, bro, You're giving me corporate press.
16:43
It's not even a suit. Dude, this is like a work
16:46
jacket. It just has the, like, lapels
16:47
here. But yeah, you know, I'm.
16:49
I'm trying to look here. I'll button it up.
16:51
I'm trying to clean my image here.
16:53
You know, I'm a corporate bitcoiner now, so I got to look
16:56
good on television. All right.
16:59
Anyways, anyways, anyways, seriously.
17:02
Jack Mahler's Keep spreading the signal and the more we talk
17:06
about the issues of inflation, about the fact that the
17:10
government is stealing your purchasing power by printing
17:13
more dollars, the more people have these touch points, the
17:16
more people wake up to these conversations, the more it
17:19
becomes just the the new public consciousness of the world that
17:23
the more they print money, the broker you get.
17:27
And this is just the very simple economics of what's going on.
17:30
But there was a meme there that I really like from Jack Mahler's
17:33
He says the only way to win is to hold, not dollars.
17:36
And I it's such a simple simple way of framing this.
17:41
I don't know about that. More like Mika Jones on Fox
17:46
first. I think I have been on Fox.
17:48
I think I. Also also I guess like that
17:52
guy's name is Charles Payne so I am pretty sure he's been orange
17:55
peeled very well. I he's got to hold some Bitcoin.
17:58
But you just love when that signal gets spread and we
18:01
iterate on the message, we iterate on the memes.
18:04
Holding not dollars is the way and I'm going to steal that and
18:08
you guys should steal that as well for the American child.
18:11
There at Thanksgiving dinner tonight because that's that's
18:15
just like heavy that's over the target.
18:17
You can't hold dollars. Sailor always says you're if you
18:20
hold dollars you're holding melting ice cubes.
18:23
Well, I like this one. It makes sense for a normie.
18:26
You don't have to kind of like think of it in in metaphor
18:30
anymore. It's just like the only way to
18:31
win is holding, not dollars. Guys, you need to hold something
18:34
other than dollars. This is the only way to survive
18:37
right now. I know most people are living
18:39
paycheck to paycheck and we'll go through all those numbers.
18:41
Next, but you need something other than dollars and the
18:45
average person can't buy real estate.
18:48
Who really wants to buy bricks of gold?
18:50
You want to buy Bitcoin? Take Bitcoin into self custody?
18:53
Download Bitcoin wallets, buy Bitcoin hardware devices,
18:57
signing devices. You need to protect yourself
18:59
because the people in power are running rampant.
19:03
They are wild. They're, yeah, they're.
19:07
They have to. They have to press the P button
19:10
on the keyboard. I was just about to say they
19:12
they are going crazy with the power of the money printer and
19:15
they have to continue to print more money to keep the system
19:18
going. And I think it's becoming very
19:22
obvious to people at least they're hearing this
19:25
conversation that wait, why are we printing more money?
19:29
Wait, what are the effects of printing more money?
19:32
It's making you poorer. Thanksgiving dinner just got
19:35
more expensive this year, thank you very much.
19:37
Politicians, you can't. You can't hide the what's he
19:40
going to say? You can't hide the shock of the
19:43
sticker price anyways. They're going absolutely crazy.
19:49
This is what they're doing in the back rooms, bro.
19:52
They're just and that's what Bitcoin is doing.
19:55
Print more to Infinity and make number go up more.
19:59
So when this is happening, ladies and gentlemen, all you
20:02
gotta do. Is you got to stay humble and
20:05
stack SAT's? Oh wait, wait, wait.
20:07
Before you go on, Nigel says. I think Kramer said buy Bitcoin.
20:11
Oh man, there goes the bull market.
20:14
Wrecked. Anyways, I do want to give a
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the show notes below to learn more.
22:10
All right guys, I made it super easy for you guys.
22:12
You could scan the QR code on your screen right?
22:14
Now I'll take you directly to the Foundation Devices website
22:18
where you can get yourself a Passport hardware wallet.
22:21
Remember guys, not your keys, not your Bitcoin.
22:24
Simply Bitcoin recommends the Passport open source hardware
22:28
wallet. All right, guys, so let's cover
22:31
the Bitcoin news for today. Another historic term.
22:36
Another historic event in Bitcoin.
22:38
I feel like it happens like, literally every day.
22:41
Here is 83 Bitcoin 83 Bitcoin transaction fee sets a new
22:46
record in Fiat term. An unknown entity set a new
22:50
Bitcoin transaction fee record and Fiat terms today,
22:54
effectively paying over 3.1 million for a single Bitcoin
22:59
transaction. Hashtag wrecked the transaction
23:02
mind in block 818,087, moved over 139 Bitcoin and paid a 83.7
23:11
Bitcoin in fees and resulting in 55.77 Bitcoin transferred the
23:18
the transaction was mined by a KYC only mining pool AMP pool.
23:22
After broadcasting the transaction the user used RBF to
23:26
increase the fee even further. What the fuck the transaction?
23:31
RBF Yeah, someone can just someone's gonna get that bounty.
23:35
Let's go. Alright, go continue.
23:37
Sorry, Sorry. Interesting.
23:42
The transaction was seen in the Open Men pool first, so anyone
23:46
could have minded, said Mononant.
23:49
They somehow failed to add a change output to send the
23:52
remaining 83 Bitcoin back to themselves.
23:55
For Mononant, this is the largest Bitcoin transaction fee
23:58
ever paid in dollar terms, surpassing PayPal slash Paxos
24:02
which paid 20 Bitcoin fee a few months ago, but only eighth
24:06
highest fee paid in terms of Bitcoin.
24:09
The largest ever fee in Bitcoin terms was paid in a this
24:12
transaction in 2016 when someone fat fingered a 291 Bitcoin fee,
24:19
he added. So in dollar terms it's an all
24:21
time high. In Bitcoin terms it is not.
24:24
I don't know if that 2016 record is going to be broken to be
24:28
honest. I think people are going to be
24:30
even more and more careful as the number go up.
24:32
Technologies as its thing. Anyways, Opti, do you have any
24:35
quick thoughts on this before we move on?
24:37
Yeah, first you know. Absolutely devastating fat
24:42
finger. Just you know, to point at the
24:44
elephant. But it kind of really makes me
24:47
think like, who is the one behind this?
24:49
Is this like institutions learning a lesson?
24:52
Is this just a minor fat fingering it and messing up
24:55
'cause I'm guessing they'd have to use like some kind of command
24:58
line to really mess up this bad. So I wonder who is out there
25:04
getting wrecked. But anyways for the average
25:06
person here. You need to use manpool dot
25:10
space like as much as possible. I I pretty much always reference
25:14
manpool dot space when I'm sending a transaction just so I
25:17
get an idea whether my wallet is getting something that is not
25:21
overpaying, underpaying, depending on how fast I want my
25:24
transaction to go through. But man.
25:28
Just absolutely devastating. I I could only imagine how bad
25:32
that feels if you just sent what is it 83 Bitcoin fee like yo,
25:39
that's just crazy. That's crazy.
25:40
Talk to me 100 percent, 100%. So guys, it is Thanksgiving and
25:45
we like to give back as simply Bitcoin.
25:47
So I have a very special announcement for you guys right
25:50
now. If you use promo code SIMPLY
25:54
100, you will get a free ticket to Unconfiscatable.
26:00
There's only four of them, so get it while supplies last.
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Anyway, so you guys heard it simply 100 Unconfiscatable.
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I think they're worth like hundreds of hundreds of dollars
26:37
too. Anyways, out the tone vase.
26:40
So this is what I wanted to talk about today in terms of news as
26:44
well. 62% of Americans are still living paycheck to paycheck,
26:48
making the quote the main financial lifestyle the main
26:52
financial lifestyle. So what are the reasons for
26:56
that? Of course inflation is still too
26:57
high. The Federal Reserve is expected
26:59
to announce it will leave rates unchanged at the end of its two
27:02
day meeting this week. So of course it's inflation.
27:07
People aren't, you know, people. It's crazy what happens when
27:11
your money steals from you. You know it it it's crazy.
27:13
Now what are the responses to this?
27:16
Because there's been many, many responses to this.
27:18
First, let's start with the president himself.
27:20
Check out this Shorty that was created by Bitcoin News.
27:25
It has Milton Friedman basically explaining that the cause of
27:28
inflation is the government. But let's see how the government
27:33
reacts to that claim. Inflation is just like
27:36
alcoholism in both cases. When you start drinking or when
27:40
you start earning too much money, the good effects come
27:42
first. I'm sick of this stuff.
27:45
We have to talk about it because the American people think the
27:47
reason for inflation is government spending more money.
27:49
Simply not true. Inflation is made in Washington
27:53
because only Washington can create money and any other
27:57
attribution of to other groups of inflation is wrong.
28:02
So that's something that of course Bitcoiners know.
28:05
And let's take a look at what CNNBC was acting asking Janet
28:10
Yellen, right. And then this is a little bit
28:13
different than the 61 or 62% number.
28:16
Was it 62%? Number is 62% of Americans are
28:20
living paycheck to paycheck. According to this 59% of voters
28:24
under 30 rate the US economy as poor.
28:29
I'm aware of that. It's our job to explain to
28:31
voters what Joe Biden has done to improve the economy.
28:35
I mean, what that is like the first step is taking
28:39
responsibility. Like Javier Mali in Argentina.
28:43
I was making a joke about this on Monday when it was happening.
28:47
I said, look guys, now we know we have the playbook.
28:50
If we want to have an Austrian economist who wants to end the
28:54
central bank elected as president, all we need is 143%
28:58
inflation. 143% inflation. Pissed off the Argentine people
29:03
so badly that they were willing to elect a guy that literally
29:07
took a chainsaw and was breaking plastic central banks and like
29:13
he dressed up in a Superman suit with a hammer.
29:15
Like, it's absolutely hilarious. But like Jeff Booth has pointed
29:19
this out, in the Western countries that have the
29:23
financial privilege to print a lot more money because a lot of
29:27
other countries are holding that currency, it's being used to
29:29
transact all around the world. They have a lot more wiggle
29:32
room. The inflation rate isn't high
29:36
enough for people to start asking the question, what is
29:39
money? But I think we're approaching
29:41
that moment very, very quickly. I mean, 62% of Americans living
29:45
paycheck to paycheck, that's a big number.
29:49
And here 59% of voters under 30 rate. the US economy is poor.
29:53
We have less opportunity than our parents.
29:56
Specifically if you're a Millennial or a Gen.
29:59
Z, especially if you're a Gen. Z.
30:01
Anyways, let's see what the US Treasury U.S.
30:04
Treasury Secretary has to say. Janet Yellen.
30:06
Madam Secretary, it may be good news for for for Americans, but
30:09
it doesn't seem to be showing up in the polls for President
30:11
Biden. And I also want to read you
30:13
something. A recent poll by the New York
30:14
Times and Siena College finding 59% of voters under 30 rate the
30:19
economy as poor. So you know, philosophically and
30:22
sort of intellectually, you can look at a lot of these numbers
30:24
and say this man, this is a great economy in so many ways on
30:27
a relative basis to history and the like, but.
30:29
At the same time, you have poll numbers and others saying that
30:31
they don't feel it. Yet I'm aware of that, and I
30:37
think it's our job to explain to Americans what President Biden
30:43
has done to improve the economy. I think his inflation comes
30:47
down, prices stop rising and the labor market remains strong.
30:53
Americans will begin to see that we have made meaningful
30:55
progress. And importantly, the
30:57
administration is making investments in America that will
31:01
show up in improved conditions and more availability of good
31:07
jobs. So she says something really
31:10
interesting, which is it's our job to educate Americans on, you
31:15
know, what Joe Biden is doing. Let's see how that's going.
31:20
So let's see what Joe Biden is doing.
31:23
And again, guys, we're not specifying.
31:25
It's a Democrat, Republican. Both parties do the same thing.
31:28
They print money and which devalue everyone else's money.
31:32
So this is not a critique of a specific political party, just
31:34
to be clear. So let's see what Joe Biden is
31:37
doing. Because she said we we have to
31:38
educate Americans. I'm sick of this stuff.
31:42
We have to talk. About it because the American
31:44
people think the reason for inflation is government.
31:45
Spending more money? Simply not.
31:48
True. OK, all right.
31:50
Now let's see what else they're doing.
31:53
Here's a Here's a a press conference from the White House.
31:56
Just in a time, just in time for holiday travel, gas prices are
31:59
down $1.70 from their peak, airline tickets are down 13%
32:04
over the last year, and car rentals are down about 10%.
32:07
And as we start preparing our Thanksgiving meals, grocery
32:10
inflation is at its lowest level in over 2 years, with prices for
32:13
eggs, milks, bacon and fresh veggies lower than last year, in
32:17
fact. According to the American Farm
32:19
Bureau, the cost of a Thanksgiving dinner fell this
32:22
year. Prices are down for Turkey,
32:24
stuffing, peas, cranberries, pie crust, and whipping cream.
32:28
We had a big discussion about whipping cream in the back.
32:31
No whipping cream is, I know, whipped cream and not whipping
32:33
cream anyway because wages are rising.
32:36
This Thanksgiving dinner is the 4th cheapest ever as a
32:38
percentage of average earnings. Finally, as we look ahead to
32:42
holiday to holiday shopping, since last year, prices for toys
32:45
are down about 4%, used cars and trucks are down 7% and TV's are
32:49
down 9%, lowering costs for Americans.
32:52
So I mean again, it's the framing, right?
32:55
It's like the prices are down. No, they're not.
32:58
Essentially the prices aren't increasing as fast.
33:04
That's what she means. That's essentially the
33:06
fundamental message. So you have Janet Yellen
33:09
basically gaslighting people on TV, saying we're going to
33:12
educate the American people. Number one, they don't take
33:15
responsibility #2. They're literally telling you
33:19
prices are going down. That's not true.
33:24
Look, we can even use their own website, which completely skews
33:29
the number. We don't believe the actual
33:31
official CPI numbers. I think they're BS, but let's
33:36
take their word for it. In 2020, $100 would have the
33:43
same purchasing power as $120.00 today, so prices did not go
33:50
down. Now why did all of this happen?
33:53
Jack Mahler's is so based and he explained it in the first clip.
33:56
We paid. We played for you guys.
34:00
They printed an absurd amount of money, only of which the
34:05
government can do, and that devalues everyone else's money.
34:09
And there that had consequences. I mean, take a look at what
34:14
happened to the price of homes in the US and take a look at
34:21
that guys. Like, what a coincidence, Right
34:24
around the same time they printed all of that money,
34:29
housing went crazy. So when you see stuff like this,
34:35
59% of voters under 30, so first time home buyers, people that
34:41
are about to start a family and they're saying 59% of voters
34:46
rate the US economy is poor. Whether they're conscious of it
34:50
or not, what they're describing is this.
34:53
They can't afford a future. They can't afford it, and that
34:59
wasn't of no fault of their own. That was 100% the fault of the
35:06
government for printing money. Jack Mahler said it in the very,
35:11
very beginning. Now it's all dark, right?
35:14
This is Thanksgiving after all, so we got to end it with a happy
35:17
note. However, if you are priced, if
35:20
you are pricing your life in Bitcoin as we advocate on this
35:23
channel, save in Bitcoin. Don't speculate.
35:25
Stay humble, Stack SAT. Stay solvent.
35:29
Your life has actually gotten cheaper over the last three
35:32
years. So if you were holding a dollar,
35:35
if you're holding $100, if you were to believe their data,
35:37
which I don't, your purchasing power would be, you know, if you
35:42
were holding $100 in 2020, it would be the equivalent of
35:45
$120.00 today. If you were holding Bitcoin, the
35:52
dollar and everything would have actually got in 50% cheaper
35:55
compared to three years ago. Even though we're not even at
35:59
all time highs and even though we're just coming out of a bear
36:02
market. Even housing, even with the
36:05
prices of housing going up the way it is in the US, using their
36:09
own data, if you were saving and living on a Bitcoin standard,
36:14
housing has actually got in 66% cheaper over the last three
36:19
years. Over the last five years,
36:21
housing has actually gotten 72% cheaper.
36:26
So when Elizabeth Warren gaslights you and tells you we
36:30
don't need Bitcoin, we have CBDCS.
36:34
You know this. This is what we we need.
36:36
We have CBDCS. We have the we have the
36:39
necessary tools to we we we need, we have the necessary
36:45
tools for payments and all that stuff.
36:48
We have to put her into a corner, so to speak.
36:52
I mean, here she is like take, take, look, hear from the
36:54
horse's mouth. Last year you wrote that quote
36:58
in their attempt to avoid being traced.
37:01
That is the wrong clip. That is the one of her
37:03
demonizing self custody. I'm gonna play you guys the
37:06
right clip. Give me one second.
37:10
Here it is. Let's try that.
37:12
Again, thanks Do wrong. If you think we could improve
37:17
that in a digital world. The answer's sure you could, but
37:21
in that case, let's do a central bank digital currency.
37:24
Are you there? Oh, for a central bank digital
37:27
currency, yes, I think it's time for us to.
37:29
So essentially because we're, you know, The thing is, when you
37:32
look at every piece of paper currency, we issue not with
37:35
coins, but every paper currency has its own identity.
37:38
So essentially we're prepared for the blockchain now with with
37:43
currency, should that be how we build this?
37:45
So I think of it as again, what's the problem you're trying
37:49
to solve? And if the problem you're trying
37:51
to solve is fast, almost frictionless ability to send
37:57
money across the country, do it rapidly.
38:01
Send it around the world, be able to send it to your cousins
38:04
in Argentina, if that's what you're trying to solve.
38:07
A central bank digital currency does that.
38:10
And you don't really need a stable coin for that.
38:13
You've already got a dollar denominated.
38:16
You don't really need a Bitcoin to be able to get.
38:18
So then the question becomes, So what is it that the Bitcoin,
38:22
What problem is it solving for? And now we get into a different
38:26
space. So I mean, no, Elizabeth, no.
38:36
I'll get to Jeff's tweet on the subject in a second.
38:39
But I said the problem that Bitcoin solves, it's not
38:43
efficiency of payments. That's why they're rolling so
38:46
fast to roll out the CBDC's 'cause they realize, holy crap,
38:50
like not only is Bitcoin better money, but it's also more
38:52
efficient in payments. We got the CBDC's, but that's
38:57
not the problem that Bitcoin solves.
38:59
I showed you guys the numbers. I showed you guys their own
39:03
data. The problem that Bitcoin solves
39:06
is protecting individuals from currency debasement.
39:09
Senator Warren, I bet you don't have an answer to that.
39:14
What is your response to the 59% of Americans who are under 30
39:23
that are struggling, that cannot afford a home?
39:26
You are solely responsible for this reckless government
39:31
spending, debasing people's wealth, energy and time.
39:39
And the first thing that you do is you take a bit of personal
39:43
responsibility and acknowledge that.
39:45
That's why they were fighting so hard against Javier Milit,
39:49
because he was saying the quiet part out loud.
39:54
Yet what? What is the hyperinflation?
39:55
Where is it coming from? It's obviously the central bank,
39:59
the the, the, the state. Is parasiting on the productive
40:03
class? It's not my words.
40:04
It's basically what he was saying.
40:07
But of course, people like Elizabeth Warren and Jeff Booth,
40:10
you know, writes it perfectly. The problem that she is trying
40:13
to solve is how can I continue to extract wealth from the
40:17
population through manipulated money?
40:19
From that point of view, her solution is sound, but for you,
40:24
it's slavery. So what is your choice on
40:29
Thanksgiving Day? I hope I've armed you with
40:32
enough facts for lunch or dinner.
40:35
Is it Bitcoin or is it slavery Opti.
40:40
Well, is this a rhetorical question or are you asking me?
40:43
I'm passing it along, bro. Wait, wait, wait, can you read
40:46
that Jeff Boots tweet? I haven't read that.
40:50
Yeah, I'll pull it up. And here it is.
40:53
It says the problem that she's trying to solve is how can I
40:56
continue to extract wealth from the population through
40:59
manipulated money? From that point of view, her
41:01
solution is sound, but for you, it's slavery.
41:04
Wow, great. I I literally almost spit spit
41:07
out my drink right now. Yeah, OK, all right.
41:11
So much stuff to unpack here. First and foremost, the
41:16
gaslighting is incredible. It really amazes me that people
41:19
still believe what is going on coming out of their mouths.
41:23
And someone mentioned an Orwell quote in here and my favorite
41:27
one is they tell you to. And I'm butchering it now
41:31
because I forget the exact phrasing but tell you not to
41:34
believe your eyes and ears and just follow the party line.
41:37
And I really feel like this is where we are right now.
41:39
It's like people have completely.
41:42
Stop thinking critically. And it's it seems like it's so
41:46
easy to gaslight individuals out there.
41:48
As long as the official statements are telling you
41:50
everything is better, it seems like people are following along
41:53
and that, yeah, everything is better.
41:54
You know, the numbers are telling.
41:56
Like there is a full cognitive dissidence going on in people's
41:59
minds because they're being told it's better and yet our money
42:04
isn't going as far. And so they're wondering, like,
42:06
what is going on here? And of course, I say it all the
42:08
time. It's no coincidence that we
42:11
aren't taught economics correctly, because if you
42:15
understand how money works, then you understand what the game's
42:18
being played. And I really love what Jeff
42:20
Booth says because it really is all about extraction, extracting
42:24
your resources away from you without you noticing.
42:27
Remember when we played that clip of Jerome Powell couple
42:30
months ago of him trying to explain 2% inflation?
42:34
And he couldn't. And really, if you read between
42:37
the lines, the only reason that they stick to that 2% inflation
42:40
is because that's the only way. That's the that's the number
42:44
that people will not understand they are getting stolen from if
42:48
you steal only 2% of their wealth.
42:51
Slowly but surely, people haven't caught up to the game.
42:54
Except for bitcoiners. But.
42:56
It's just it's it's super awesome to see Bitcoin talking
42:59
point strike again with that CNBC article or MSNBC article.
43:03
Whatever it is, you know, the signal's spreading to mainstream
43:06
media. Mainstream consciousness.
43:07
I mean Jack Mahler's bro. Exactly.
43:09
And but but even further, like that article, that has nothing
43:14
to do with Bitcoin, but the the problem is.
43:18
Stage center that you cannot hide inflation for too long.
43:22
People are feeling the pain. People are getting poorer.
43:25
And I mean, I know you're joking when you said that.
43:30
What America needs is 140% inflation before they wake up to
43:33
what's going on. No, I said, I said.
43:35
So basically what I said is like we now have a working model.
43:38
Now oh, now we know that essentially if you have 140%
43:45
inflation, there is a high probability that a libertarian
43:50
anarcho capitalist can be elected in your country.
43:54
Perfect, but it really goes to what I say all the time.
43:57
And and. What I like to do the most here
44:01
in regards to the Bitcoin phenomenon you know big or
44:04
Nico's very big on like geopolitics.
44:06
I really like the cultural side of Bitcoin and how it changes
44:08
human behavior and understanding humans and understanding the
44:11
true nature of reality and it it just keeps keeps getting blasted
44:16
in my face that just humans are are they don't really go towards
44:20
pleasure we're we're we're sheep you know we got we all got PTSD
44:24
we all have Stockholm syndrome and.
44:27
There is a point when the pain just becomes too much where you
44:30
just had enough. I had that point.
44:32
That's how I became a Bitcoiner. And unfortunately as we see
44:36
around the world, it will be what Nico's saying, you know,
44:39
like people have to feel that pain before they wake up and
44:43
hopefully it's not 140% inflation in America, like that
44:46
would be absolutely devastating. But we do have a working model
44:50
now, and people need to feel pain before they want to try a
44:53
different solution and. It just it just this is how
44:57
humans work. You know we're not recreating
44:59
the wheel understand human psychology and and we'll see in
45:03
time that more people will have to adopt Bitcoin by necessity.
45:06
But there is a point there or that last poll that you said is
45:09
like what 59% of millennials think that the economy is poor
45:13
or poorer than it was before. Well you know just wait till
45:16
they wake up to the fact that America is literally poor and
45:19
been bankrupt since 1971. And all the money they all the
45:22
money that quote UN quote are creating is literally debt
45:25
stealing from future. To generations like once that
45:28
mechanism is exposed, it it reminds me of the Jefferson
45:31
quote. You know, if people understood
45:33
banking, there'd be a revolution overnight.
45:35
And it's just people don't understand what's going on and
45:38
and it's very unfortunate, but This is why there's such a huge
45:40
opportunity for us bitcoiners to continue to educate people and
45:44
spread that signal and show that, hey guys.
45:48
Anyone who's awake knows what the problem is, but very few
45:51
people are pushing the solutions, and this is what we
45:54
constantly do. Here is angle this all back
45:56
through the Bitcoin funnel and the only way to protect yourself
45:59
is by saving in something that cannot be debased.
46:02
Download Bitcoin wallets. Make sure your friends and
46:04
family are downloading Bitcoin wallets.
46:05
Make sure they have just. A small savings in Bitcoin.
46:10
You don't need them to go all in.
46:11
Just take a little bit of your your paycheck that I know you're
46:14
living paycheck to paycheck towards.
46:16
But take a little bit and save in Bitcoin and in time it will
46:20
help you. It will be that escape hatch.
46:23
It will be your safety net. It will be the what's the little
46:27
boat thing that you get off when the Titanic's sinking.
46:29
I'm I'm blanking on what it is. You know your safety boat.
46:32
I don't know. Anyways guys.
46:34
It just goes to show. That people are feeling the pain
46:39
and as much as they try to gaslight us, they cannot hide
46:42
the fact that we are all getting poorer.
46:43
It's very obvious and as long as you're believing what they're
46:47
telling you then you might get yourself wrecked.
46:50
So hopefully you have woken up. You are deprogramming from the
46:54
Fiat matrix from their narrative.
46:58
Trench warfare from the propaganda, because all I heard
47:01
them say is like our job is to gaslight you into not
47:05
understanding that we are stealing from you.
47:07
Like it's so obvious once you understand what their words
47:10
mean. But hey dude, you know, people
47:13
still believe in the legitimacy of these people, which is
47:16
absolutely incredible. No, it's it's crazy.
47:19
The the the fact that they don't take responsibility for
47:22
something that they've caused. And that to me is just like,
47:26
she's like on stage with graphics on the right and on the
47:30
left saying prices have gone down.
47:32
No, they have not gone down. The increase in the rate of
47:37
which prices are increasing has gone down.
47:41
But that doesn't mean that prices have gone down.
47:44
But of course they can't say that.
47:47
So they have to be. They have to be a bit dishonest
47:51
about it. It's crazy.
47:52
Anyways, I do want to give a very special shout.
47:55
Wait, sorry. Before you go, apparently it
47:56
wasn't Jefferson, It was Henry Ford.
47:58
Yeah, you guys saw it on the on the chat.
48:00
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49:09
All right, guys. So it is Thanksgiving in
49:10
America. I know we kind of are a global
49:13
show, so shouts out to everyone that's not in America.
49:15
But for us that are in America, today is one of those days where
49:20
we reflect on the year. We reflect on what we're
49:23
grateful for, what what we give thanks to.
49:26
And so I did this tweet this morning.
49:28
I was actually thinking about this last night.
49:30
You know, I really wanted to do this 21, like 21 things I'm
49:33
grateful for. But like, really, I could kind
49:35
of only get to 10. So I'm sure I could have added
49:39
fluff to this. But guys, drop some things
49:41
you're grateful for in the chat and we'll cover them live.
49:44
Here's my tweet. And then I will, I did kind of
49:48
why I was getting this together. I put some notes for you guys
49:52
maybe to help you orange peel your family at Thanksgiving
49:55
dinner or in general. But here, let's start with the
49:59
things I'm grateful for. And and this isn't a hierarchy.
50:02
This is just kind of how they came to it.
50:04
I got trolled that I I put my my mom after my health.
50:07
So you know, it's not a hierarchy.
50:10
It's just kind of how it came out.
50:11
These are the things I'm grateful for this year and.
50:15
These are the things I try to I know, I know my momma's proud of
50:20
me. Okay she's she knows.
50:22
She knows she is number two behind God.
50:26
So, all right. So here we go.
50:30
Things I'm grateful for. First, my health.
50:32
This year has really been one of those years where where I took
50:35
an active role in trying to get myself as healthy, as fit as
50:38
possible because I I don't want to LARP over here and just tell
50:41
you guys to get fit mentally and physically.
50:43
I'm actively trying to get myself in the best fighting
50:47
condition I can be because we really are in an information war
50:50
and if you don't understand that, your your body's a
50:53
representation of your thoughts and you got to get your vessel.
50:56
In tip top fighting shape so that you can think clearly so
50:59
you understand what's going on. 2nd my family shouts out to my
51:02
family. You know my my brother watches
51:04
the show. Hopefully he watches this.
51:06
Love you bro. My sister doesn't really watch
51:08
the show. She knows what I do.
51:10
But my family has been one of the things that have kept me
51:13
going. They give me encouragement all
51:15
the time. You know, Nico and I will at
51:18
times just go through the go through the mud and I'll tell my
51:21
family about it every time I call them.
51:22
Like, I don't know, once every three weeks or something.
51:25
You know, I love you guys. Sorry I don't call as much as
51:27
I'd like to, but they always tell me just keep going.
51:29
They always encourage me to keep going.
51:31
And my friends. My my real friends.
51:33
Which basically have only been bitcoiners recently, like my
51:36
core group of Bitcoin friends that I hang out since 2017.
51:40
You know the the BK fam. The the dirt bag Friday fam my
51:44
my friends that I know. Will not only have my back but
51:49
correct me and and you know, humble me enough you know shout
51:52
out the wine always humbling me making sure that I don't sniff
51:55
my own fart. 2nd, 4th. I have a savings guys and and
52:00
it's really interesting considering what Nico covered on
52:02
the news. I had never had savings before
52:04
Bitcoin. I I could barely hold on to like
52:06
$300.00. But once it gets into Bitcoin, I
52:09
have a savings and this is how has allowed me for the last
52:11
couple of years to really go out on a on a limb and try as much
52:16
as. It's possible to build this over
52:19
here at simply Bitcoin and make sure that that I have the
52:22
freedom to continue to give you guys signals.
52:25
Second or fifth. Sorry is I have a roof over my
52:27
head. You know that I'm.
52:29
I'm finally out of my mom's basement and considering that it
52:33
is getting kind of cold where I am in, you know, I'm just
52:35
grateful that I that I can. Provide for myself I you know I
52:39
have a I have a house you know it's simple things to be
52:42
grateful of six I I love this. I absolutely love what we are
52:47
doing here at simply Bitcoin. I have a job that I enjoy you
52:50
know it's still work you know Mondays come around and Nico and
52:53
I are like oh here we go another week another week to get beaten
52:56
up by two by fours. But this is the this is what we
52:59
committed ourselves to and I absolutely love it.
53:01
I, you know before, kind of a tangent.
53:04
Before the show started it was super humbling and an honor to
53:09
see you guys show each other love in the chat and and it just
53:13
it just goes to show what we're building here on on YouTube.
53:16
It it really is a family of us you know, like I I don't like to
53:20
call you guys our audience. It's like you guys are friends
53:23
that hang out with us in the chat and it it just it means a
53:25
lot to me. Anyways, 7 The work we put into
53:29
Simply Bitcoin man, this year has been a grind.
53:32
We've we've been putting in the work constantly.
53:35
We are taking a break tomorrow because we haven't taken a break
53:37
all year. But man, I'm just so proud and
53:40
grateful and thankful for what we've built this year and moving
53:43
forward it it's just going to compound eight.
53:48
You guys know it's Optimus Fields for a reason?
53:51
My perspective on life, always looking for the good, as I like
53:55
to say at times having that winner's mentality that you need
53:58
to focus on the good because you're if you're constantly
54:00
focusing on the negatives in life, all you're going to get is
54:02
more negative. So focus on the good.
54:05
This is an important time to refocus your mentals so you are
54:09
constantly seeing good in life. And then eight, you know, God, I
54:12
don't talk about God much, but he's been holding me down.
54:16
And I, you know, I pray a lot more because it's been a rough
54:19
year. And then ten Bitcoin men.
54:21
I wouldn't be here without Bitcoin.
54:23
Bitcoin is the lifeboat right now in the world.
54:27
If we didn't have Bitcoin, I'm sure this would be a very, very
54:31
scary dark place. So there's my little list and
54:35
you know, shouts out to the viewers, I love you guys.
54:38
You guys hold us down. You guys constructively
54:41
criticize us. You guys help us make the show
54:43
better, and we wouldn't be here without you guys.
54:45
So this is about providing as much signal to you guys making
54:48
sure that you guys. Enjoy what we're doing, that
54:51
we're spreading this signal outside of our echo chamber and
54:54
hopefully getting to the normies out there.
54:56
And then on that note, I'm gonna leave this up just for something
55:00
to look at. I wanted to kind of add a few
55:03
tips for you guys on Thanksgiving.
55:05
Because most of you guys are either out there talking with
55:09
your family today, I'm sure, like I was in the past, you're
55:12
you're that unbearable bitcoiner where you just start ranting and
55:15
you get in fights with your family.
55:16
So I got notes over here. First and foremost, by now
55:19
everyone probably knows you're a Bitcoiner.
55:21
I am. I'm convinced your whole family
55:23
probably knows you're a bitcoiner.
55:24
So don't let the politics or even the Bitcoin discussion just
55:28
divide you on a day when you're supposed to be united with your
55:32
family. You know, have some compassion.
55:34
Have some patience with your family.
55:35
For how long it took you to become a bitcoiner, You know, it
55:38
takes time for people to learn. And I think you should be that
55:42
Uncle Jim and your family. You should be the one guiding
55:44
your family because we have the answers and we have the
55:47
solution. So don't be short with them, you
55:50
know, just plant the seeds. Don't be unbearable.
55:53
Guys, this is like my biggest message.
55:55
Don't be unbearable with your family.
55:56
And I'm saying this as a reflection because I've been so
55:59
unbearable to my family. I I.
56:02
I I gotten in so many rants and fights with my family over this
56:05
stuff that now I'm just like, OK, they know I'm a bit corner.
56:08
I'll pull back when they are looking for the solutions.
56:12
I have the answers and everyone of my family at least has a
56:15
little bit of Bitcoin. So when price goes up they will
56:18
be rewarded as well. And this is kind of, I think,
56:21
one of the main points just remind people.
56:25
About the Bitcoin price, I know we always say we try to avoid
56:28
Bitcoin price as much as possible.
56:29
Yes, we have the, you know, price in today's title, but the
56:32
price reflects that we are right.
56:35
Last year Bitcoin was at 16 K, this year's at 37 K The price
56:39
will speak for itself. And not only that, Bitcoin has
56:42
outperformed everything this year by a lot.
56:46
And even when I got into Bitcoin, I got into Bitcoin
56:48
November 17th and at that time Bitcoin was 8K.
56:52
So like just go back further and show them Bitcoin prices.
56:55
Yes it goes up, yes it goes down.
56:57
Yes, maybe three years ago Bitcoin price was higher than it
57:00
is today. But this is just part of the
57:02
game. This is part of the cycle.
57:04
Bitcoin price is going up forever.
57:06
Grandma Laura anyways also. You are The Walking billboard
57:11
for Bitcoin. I say this all the time and so
57:14
reflect on that. Look at yourself in the mirror.
57:16
Would your family and friends want to be you?
57:19
Are you fitter and better than last year?
57:21
Do you have a better perspective?
57:23
Are you happier? You know are are you actually
57:26
something that someone would want to be like?
57:30
Because just ranting about, you know, having the answers
57:33
probably doesn't hit as hard as just.
57:36
Being the example of like this is what it means to be a good
57:39
human and then I'm going to just kind of touch on a few things.
57:42
You know, I say it all the time, maybe avoid using the B word
57:45
point of the problems and lead them towards Bitcoin.
57:48
You know, mention inflation. This year, is Thanksgiving
57:51
dinner cheaper or more expensive than it was last year?
57:55
Get the general sentiment of your family, like where are
57:58
they? Are they feeling the pain or are
58:00
they still asleep? Ask these questions and and just
58:03
reflect on where they are currently because.
58:06
Maybe they're just so busy in the rat race that they don't
58:09
have time to look up and they're just wondering why they can't
58:12
make it paycheck to paycheck. And then also, you know, ask
58:15
your uncle how your bonds doing, bro.
58:17
You know, ask your dad how your stocks doing, bro.
58:20
How's your gold doing? Oh yeah, did you know that
58:23
Bitcoin is outperforming all of that?
58:25
Well, maybe you should want some, but just get a general
58:28
idea of what their investments are doing.
58:30
Or ask your little cousin or your brother or sister.
58:33
Like, are they saving any money? You know, everyone's complaining
58:36
about living paycheck to paycheck.
58:38
Well, just ask them how they are feeling and then tell them, you
58:41
know, you got to pay yourself a little bit, maybe you should
58:43
save in Bitcoin. Maybe there's something that is
58:46
absolutely scarce that they cannot debase.
58:49
And I'm sure that there will be plenty of opportunities to talk
58:53
about Bitcoin. But also kind of like, do you
58:57
have to. I know we're unbearable and and
58:59
this is the time to talk with your family, but.
59:02
Enjoy the time with your friends and your family.
59:05
The price will do the speaking for itself, moving into a bull
59:08
run and just enjoy your time with your family.
59:11
Make sure you tell and show your loved ones that you love them,
59:16
that that you respect them that you are.
59:20
I'm incredibly grateful that you have them around you when you
59:23
are that unbearable bitcoiner. And then of course, guys, eat
59:27
good, be merry, be thankful for waking up again, for being able
59:30
to create and be a part of this world, this lovely world that
59:33
we're a part of. You know, we we, we get a chance
59:36
to continue on in this journey to live a good life, to build a
59:40
good life, to be an example to our friends and family and to
59:47
show them that Bitcoin is the way guys.
59:49
Anyways, enough renting, Enough good feel, good stuff.
59:52
People don't like to feel good stuff.
59:54
Probably I, I I also want to be very, very grateful to our
59:59
viewers. We simply Bitcoin would not be
1:00:03
possible without you guys. Thank you so much.
1:00:06
I'm going to pull this up one more time just just for just in
1:00:13
case anyone missed it. Guys, if you want free tickets
1:00:17
to Unconfiscatable, if you want to go to Vegas, hang out with
1:00:19
Opti and I use promo code simply 100.
1:00:24
You can go to unconfiscatable.com with that
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promo code. There is 4 available free
1:00:29
tickets. Get them while supplies last.
1:00:32
We love you all. We appreciate you all.
1:00:35
Thank you so much for making Simply Bitcoin possible because
1:00:39
it would not be possible without any of you guys.
1:00:42
All right, everybody, let's hit the meme review.
1:00:47
The Daily Meme Review All right guys, here we are.
1:00:56
Enough of Opti's Kumbaya for Thanksgiving.
1:00:59
Let's get to the only reason why you are here.
1:01:01
It is the Meme Review where you guys send us memes on Twitter at
1:01:06
Simply Bitcoin TV or you drop them in our Telegram group.
1:01:09
T dot me slash simply Bitcoin tweet to the bullets memes of
1:01:12
the artillery. We are in an information war and
1:01:15
it's upon every single one of us to do our best to Orange pill.
1:01:19
Our friends and family make sure they're downloading Bitcoin
1:01:21
wallets, make sure they're saving in Bitcoin, and this is
1:01:24
how we spread the Bitcoin signal again, you are a walking
1:01:28
billboard for Bitcoin. So.
1:01:30
Go forth and propagate the memes All right.
1:01:33
First one is by Bitcoin Magazine.
1:01:34
I really felt this one. Nick, good job, he goes, and
1:01:38
it's Leonardo DiCaprio. It's just a reverent.
1:01:41
I think this is the movie The Revenant Revenant where he's out
1:01:45
in the wilderness battling bears Thanksgiving Day 16 K Bitcoin in
1:01:49
2022. Just absolutely distraught and
1:01:52
devastating in rags and just. Feeling beat up verse 37 K
1:01:56
Bitcoin in 2023 and it's Leonardo DiCaprio on his yacht
1:01:59
in the Wolf of Wall Street. It really, it's really going to
1:02:02
feel like this to this. Today at your Thanksgiving
1:02:05
dinner, you're going to be this. This is the Thanksgivings when
1:02:08
you're looked at like a genius versus the other ones when
1:02:11
they're like, yeah, shut up, all right.
1:02:13
Anyways, the next one is a BTC therapist and it goes hashtag
1:02:16
Bitcoin is up 124% this year and we got what what is this?
1:02:21
Anger management. We got Jack Nicholson and Anger
1:02:23
Management. It goes.
1:02:24
When someone at Thanksgiving says Bitcoin is a Ponzi scheme
1:02:28
and it's Jack Nicholson with that smirk and it's me have fun
1:02:31
staying poor, you know you can do this as well.
1:02:34
You you can also be the cynical one.
1:02:35
Once my boy planned to earth, say and meme a couple of days
1:02:39
ago he was like, it's a time now where you tell people that
1:02:43
Bitcoin is for smart people. You probably shouldn't get some.
1:02:46
You probably wouldn't like it. OK, next one is by the Bitcoin
1:02:50
Cameron. AKA Cam.
1:02:52
What's up bro? And he goes people saving in
1:02:54
cash rather than Bitcoin. And we got what is the odd
1:02:58
future? I forget what his name is and he
1:02:59
goes it smelled like broken here.
1:03:01
It smelled like pores in here. What's going on?
1:03:03
You guys need to save in something, protect yourself and
1:03:06
save in Bitcoin guys. It's really super simple.
1:03:09
All you have to do is hold Bitcoin.
1:03:11
Anyways, next one is by plan Marcus.
1:03:14
And it goes, no contest, hashtag Bitcoin.
1:03:16
And we got 38 K Bitcoin and it's a chain with a very tiny lock.
1:03:20
And then at the bottom we got one of those like cop door
1:03:24
smasher things and he goes Bitcoin DCA plebs.
1:03:27
I I think this one's a little hopeful.
1:03:30
I don't know if this is the DCA pleb army out there that's
1:03:33
holding up the Bitcoin price. It's probably some deeper
1:03:36
pockets and the last one. I kind of brought this one in
1:03:39
knowing what I was going to talk about in the culture shouts out
1:03:41
to Hoddle X Hoddle on Twitter Hoddle X Hold on Twitter and he
1:03:45
goes, wait, Bitcoin is a kind of digital mirror that you can look
1:03:48
at yourself somehow. Wow, amazing.
1:03:50
Who? Who would have thought of this?
1:03:51
And we got the astronaut always have been meme and this like
1:03:57
mirror Bitcoin logo in here, it's almost like Bitcoin
1:04:01
reflects what you value. It's almost like Bitcoin changes
1:04:05
you and you don't change Bitcoin.
1:04:07
Interesting. It's interesting how this works.
1:04:10
Anyways, drop your meme review score in the chat.
1:04:12
We'll cover ours live, and we'll roll through them.
1:04:21
I got I got mine all right. Mine is Eric Cason's Crypto
1:04:26
Sovereignty. I'm going to give it a Bitcoin
1:04:29
trading card, the Bitcoin racing traded card.
1:04:33
Shout out to Aladdin and KO for for making that that awesome
1:04:38
awesome awesome Bitcoin trading cards.
1:04:40
Anyways everybody please drop your meme score in the live
1:04:44
chat. Also if you want to support the
1:04:46
show guys. It really really helps us if you
1:04:50
check out some of our merch. You can get it on
1:04:52
simplybitcoin.com. You can also scan the QR code on
1:04:55
your screen right now. Take you directly to the Simply
1:04:58
Bitcoin website where you can purchase either our hoodie or
1:05:03
our shirt. We're also working with the
1:05:05
Bitcoin artist to release some Simply Bitcoin shirts as well.
1:05:09
It really, really helps the show, helps us stay independent
1:05:13
as well. Please, please if you can buy
1:05:17
some Bitcoin first, but if you have some sats to spare stack.
1:05:21
Sats first, it really does help. Stack Simply Bitcoin Merch
1:05:24
second. So we got shirts, we got
1:05:26
hoodies. But it really, really does help
1:05:28
us guys. So yeah, Opti, it's time.
1:05:31
It's time to check out some memes.
1:05:35
The P Man Van Turkey's available on the Simply Merch page next
1:05:39
year. Yeah, we're handing out turkeys,
1:05:41
Ralph. Next one Nigel Meme scores.
1:05:46
Full Bellies Loving Family, Strong hands on this special day
1:05:49
for all my USA Bitcoin Betheren Brethren Brethren Rave Elevator.
1:05:55
I score the memes. One slice of pumpkin pie with
1:05:59
Cool, Cool Whip. Cool Whip.
1:06:01
Whipping cream. Cool Whip from the tube.
1:06:04
It's a good one. Justin Thanksgiving Bull Tarted
1:06:07
conversation on the way. Woo.
1:06:12
Keep calm during Thanksgiving dinner and telling anyone who
1:06:16
disagrees with you have fun staying for.
1:06:19
Savage Next one. Last one.
1:06:22
Matthew J thank thankful for simply Bitcoin.
1:06:24
Love you guys. Thank.
1:06:27
You. Thank you, bro.
1:06:28
Love you guys. Wouldn't be here without you
1:06:29
guys. We're out of time,
1:06:31
unfortunately, guys. Wait, wait.
1:06:32
We got one more. We got one more.
1:06:34
Narwhal tacos on Rumble, He goes meme score a Black Friday rally
1:06:38
above 4. KA Boy can go.
1:06:42
Applause instead of the buzzer. But guys, thank you so much for
1:06:49
tuning in to simply Bitcoin Live.
1:06:50
I'm your host Nico. This is my awesome Co host Opti.
1:06:55
We are simply Bitcoin. We appreciate you guys for
1:06:57
tuning in. Ruston's going to be dropping
1:06:59
some hot fire. Oh.
1:07:00
Yeah, tell them. Tell the people simply originals
1:07:03
over the weekend, so definitely make sure to check those out if
1:07:07
you guys want your dose of Simply Bitcoin.
1:07:10
We're also gonna be dropping, Sophie's gonna be dropping some
1:07:12
some shorts as well, so we are gonna be taking tomorrow off
1:07:17
just 'cause we literally have not taken off time off like
1:07:21
savages this year, even with all the traveling to all the
1:07:25
conference. And you guys have no idea how
1:07:28
hard it is to set the set this up when you're on the go with
1:07:32
all the lights and all this stuff.
1:07:34
So we're gonna take a break tomorrow and.
1:07:35
We thought about going tomorrow, but we figured maybe we should.
1:07:38
I texted Opti and I said, dude, like, F that we're gonna just
1:07:43
take some time to ourselves. Yeah, yeah, so.
1:07:49
Love you guys. Really appreciate you guys.
1:07:51
Hope you guys have a great holiday as well.
1:07:53
We love you smash that like button.
1:07:56
Consider subscribing if you feel like we provided you value.
1:07:58
We'll be back on Monday. Brand new episode of Simply
1:08:02
Bitcoin Live, but until then, we love you all guys have an
1:08:05
amazing, amazing Turkey day. Gobble, gobble.