Latest / Simply Bitcoin / Tim Pool Admits He's Dropping the Dollar for Bitcoin | EP 730

Transcript

Tim Pool Admits He's Dropping the Dollar for Bitcoin | EP 730 · Simply Bitcoin

• 0:12
  Yo welcome to another episode of Simply Bitcoin live.
• 0:14
  Your number one, source for the peaceful Bitcoin, evolution of
• 0:16
  cover breaking news culture. Matter of warfare, we will be
• 0:18
  your guide through the separation of money and state
• 0:23
  boy. Oh boy this banking collapse.
• 0:26
  Domino seems to keep going another bank today.
• 0:30
  It seems like they froze the training in this one, but I
• 0:35
  mean, domino effect. So the name of the bank is
• 0:37
  called Pac, West Bank Corp, but that's not that.
• 0:41
  I feel like that's normal. Noise, it's terrible to say that
• 0:43
  it's definitely not noise. It's going to hurt a lot of
• 0:46
  people. This continues if this gets out
• 0:48
  of control, but the signal is, I think that we finally have
• 0:53
  broken the Bitcoin, Echo, chamber, predominant,
• 0:57
  podcasters, the one that we're going to talk about today is Tim
• 1:00
  Poole said the quiet part out loud on his show and the reason
• 1:05
  it's so significant. The reason I want to highlight
• 1:07
  it today is because of the amount of views.
• 1:10
  The amount of The the the size of platform that Tim has and the
• 1:16
  fact that he's saying these things, the fact that he's
• 1:18
  mentioning Bitcoin by name the fact that he's calling into
• 1:22
  question, the very legitimacy of the US dollar and giving an
• 1:26
  alternative, I think is, I think, is the point to highlight
• 1:32
  so pretty, pretty crazy. So as this continues, as this
• 1:39
  clown show continues as this house of Of cards continues to
• 1:43
  collapse and you know the the actions by the US government to
• 1:50
  try to, you know, to take out the fire.
• 1:53
  I'm just happy personally and I hope that you guys are on this
• 1:56
  boat with me that were on the the Lifeboat.
• 1:59
  We're on the orange Lifeboat. We're on we're on a Bitcoin
• 2:03
  standard, right? We know that our wealth can't be
• 2:06
  confiscated. It can't be debased no matter
• 2:09
  what, what things that they try to do.
• 2:11
  Do and I find a lot of Peace in that Opti and and wine have a
• 2:18
  word for this is called Bitcoins n.
• 2:20
  So, you know, while the world around me is imploding or
• 2:25
  exploding, my wealth is in Bitcoin and I hope you guys join
• 2:30
  me on the, the orange Lifeboat. Anyways, before we start the
• 2:34
  show when a bring up my very special co-host.
• 2:36
  Always optimistic, how you doing Opti?
• 2:40
  Doing good bro. I mean you summed it up best
• 2:43
  like I've been saying for weeks now.
• 2:45
  I can't imagine not being a big corner at this moment in time
• 2:49
  and I can only imagine what it feels like to be one of these
• 2:53
  normies or one of these average people out here that don't
• 2:55
  understand that Bitcoin is the the Lifeboat out there and just
• 3:00
  to you know I said it yesterday it seems like a lot of people
• 3:03
  aren't awake but if you are awake and you don't understand
• 3:06
  that Bitcoin is the solution to this opting out of the Madness.
• 3:10
  I could only imagine what you're feeling and I am sure it is the
• 3:13
  opposite of what I'm feeling here because that's all of us.
• 3:16
  Bitcoin has no or just sitting here with popcorn watching the
• 3:19
  fireworks like man that really sucks.
• 3:22
  I mean Nika you kind of said it in the before we went live I was
• 3:25
  like man it's almost it's almost incredible watching all this
• 3:27
  stuff happen and you're like really though like is it is it
• 3:30
  really though? Like we knew this was gonna
• 3:32
  happen and it is happening. I think the incredible part is
• 3:35
  just how fast things are happening and I know that This
• 3:39
  is kind of a topic that we're going to, we're going to touch
• 3:42
  on today in the culture. With with our guests, the Mike
• 3:44
  Hobart. So let's bring him in here
• 3:47
  because we're going to talk about his recent, his recent
• 3:50
  two-part series on our sub stack and part of it was based on the
• 3:55
  idea of communication just how fast information is flowing in
• 3:58
  the world right now. So what's up Mike how you doing
• 4:00
  this morning? What's up guys?
• 4:03
  I'm actually getting caught up on the news with with Nico this
• 4:06
  morning, I haven't really been able to keep up on everything.
• 4:09
  Think the last few weeks it looks like things are getting.
• 4:11
  I'm pretty spicy. But does it really matter if
• 4:13
  you're just staying humble stacking SATs, like to sit like
• 4:16
  find like it does matter if I, that's a terrible thing to say,
• 4:19
  a very selfish thing to say, I apologize.
• 4:22
  But like, if you're on a Bitcoin standard seriously, you don't
• 4:25
  have to worry about this. Like, even if you're in
• 4:28
  Argentina or you're in a country, that is dealing with
• 4:31
  crazy crazy inflation. If you're living on a Bitcoin
• 4:35
  standard, you're not at fear of this stuff.
• 4:39
  Maybe you can make the argument that you do have to deal with
• 4:41
  the cycles and the Cycles are brutal, right.
• 4:44
  But I think over a long period of time I think after you make
• 4:47
  it past the first cycle you reach a level of Tranquility you
• 4:51
  reach a level of Peace because you know you'll be all right.
• 4:55
  Right? As long.
• 4:56
  As long as you're staying solvent.
• 4:57
  Yeah, absolutely. I totally agree.
• 4:59
  Exactly. Exactly.
• 5:00
  So, and I think that this idea of Bitcoin being salvation of
• 5:05
  Bitcoin being this tool of which you escape, And I think is I
• 5:13
  think it's finally reaching something that opting I have
• 5:16
  been bringing up for for a while.
• 5:19
  Now it's finally breaching into popular the the mainstream
• 5:25
  Consciousness, right? And I think that this clip that
• 5:28
  we're going to play You by Tim pool is you know, is an
• 5:32
  indication of that, right? So usually what the political
• 5:35
  podcast do is a their their their mechanism of trying to
• 5:39
  This is get out to vote right or you know or you know or buy gold
• 5:44
  or buy this. But now finally Bitcoin is being
• 5:48
  touted as the solution to this and also credit and shout out to
• 5:53
  Max and Stacey because they were the ones that went on Tim cast,
• 5:56
  IRL and were whispering in Tim's year for years now, Tim buy
• 6:01
  Bitcoin, buy Bitcoin. And as number go up, technology
• 6:04
  continues to do its thing. It starts to become unavoidable
• 6:07
  that little voice in your head is like, I Should have bought
• 6:09
  Bitcoin. Okay, you know what, I'm gonna
• 6:11
  buy Bitcoin, I'm gonna get on this train, right?
• 6:14
  So I hope more popular mainstream Talking Heads.
• 6:18
  Start to say this, it's unfortunate that Tucker got let
• 6:22
  go, we don't really have any allies left in in corporate
• 6:26
  Legacy mainstream media. But I think you can't, you can't
• 6:31
  brush this under the rug. It's going to become
• 6:34
  unavoidable. It's gonna become a thing that
• 6:36
  you can't not say, you can't say that.
• 6:39
  Wipeout, you can't avoid this topic, right?
• 6:41
  You can't avoid this conversation.
• 6:43
  It's so funny with Bhutan did though yesterday the kingdom of
• 6:46
  Bhutan which we talked on yesterday's episode.
• 6:49
  They just didn't say anything at all.
• 6:50
  They're just like, fuck. The mainstream noise.
• 6:53
  I don't want to mention this. Let's just keep it to ourselves,
• 6:56
  that were mining a whole lot of Bitcoin and that we're stacking
• 6:59
  Bitcoin. I don't want to deal with this
• 7:01
  crazy, you know, propaganda arm, etc, etc.
• 7:05
  Anyway 700, the underdog has to do that though, right?
• 7:09
  Yeah, yeah. So anyway, anyways, everybody no
• 7:12
  more delay, let's get to the numbers.
• 7:14
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  Back molars Patrick McHenry, Stacy Herbert, Senator Cynthia
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  from Indonesia. Very exciting for that talk,
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  specifically he's going to be having that talk.
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  I think it's a fireside chat with Samsung Mao, who dead?
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  He was dedicating his entire life right now at this moment,
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  to bitcoin nation-state adoption, right?
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  The Bitcoin price is 20 8570. SATs per dollar. 3500 block
• 8:58
  height 787 1968 reachable, Bitcoin node seventeen thousand
• 9:03
  ninety six, blocks to having 50, 2032 having estimate April 22nd,
• 9:09
  2024 total lightning network capacity, 5424 capacity value.
• 9:16
  Million, u.s. dollars realized monetary inflation, 1.75 percent
• 9:21
  and the market capitalization of Bitcoin 553 billion dollars with
• 9:27
  a be in the grand scheme of things.
• 9:29
  Bitcoin is still a tiny baby. Anyways, anyways, I want to read
• 9:35
  you a I want to read you a an official statement by the US
• 9:40
  government. This is a Reuters article and
• 9:43
  this was after, you know, the base See the collapse and the
• 9:47
  Takeover of First Republic Bank and more of a consolidation, we
• 9:51
  talked about it on yesterday's episode of the bigger Banks,
• 9:54
  eating the smaller banks in the bigger Banks, just keep eating
• 9:56
  the smaller Banks, right? But one of the statements that
• 9:59
  the treasury said is, the US Treasury Department is
• 10:04
  encouraged at the First Republic Bank was resolved with the last
• 10:07
  cost of Deposit Insurance Fund and believes.
• 10:10
  The US banking system remains sound and resilience a treasury
• 10:13
  spokes. Spokesperson said early Monday,
• 10:16
  Okay, so that's what they said. Monday fast forward.
• 10:20
  This is today past Pac West Bank Corp.
• 10:24
  Another bank. Their their stock is falling
• 10:28
  like a shit coin. God damn, it doesn't really
• 10:32
  install a lot of confidence when they say this.
• 10:34
  But again it does not matter if it's just bitcoiners saying this
• 10:39
  within the Bitcoin Echo chamber, what needs to happen is that
• 10:43
  this type of conversation needs to be broken out out of the
• 10:47
  Bitcoin Echo chamber. And here is Corey posting a clip
• 10:51
  from Tim pool and Tim pulls saying the quiet part out loud.
• 10:54
  He's thinking what anyone with common sense is thinking.
• 10:59
  I'm gonna play you guys a clip and then we'll talk about it.
• 11:02
  You later seized First, Republic Bank, and struck a deal.
• 11:05
  To sell the bulk of its operations to JPMorgan.
• 11:08
  Chase & Co heading off a chaotic collapse, that threatened to
• 11:12
  reignite. The recent banking crisis yet,
• 11:15
  dude. You stuff the wad of toilet
• 11:17
  paper in the whole. I don't think you're stopping
• 11:20
  the waters. JP Morgan said it will assume
• 11:22
  all of first Republic's 92 billion dollars in deposits.
• 11:25
  Insured and uninsured. It is also buying most of the
• 11:29
  bank's assets including about 173.
• 11:31
  In dollars in loans and thirty billion dollars in Securities.
• 11:36
  JP, Morgan's gonna blow up. What, how can you assume loans?
• 11:41
  Bad, loans were bad Bank. They're trying to slow this
• 11:44
  thing down. As part of the agreement, the
• 11:46
  Federal Deposit Insurance Corp will share losses with JPMorgan
• 11:49
  on First Republic. Sloan's you see, there they go.
• 11:52
  The agency. Estimated that it's Insurance
• 11:54
  Fund, would take a hit of Thirteen billion dollars in the
• 11:56
  deal. JP Morgan also said it would
• 11:58
  receive 50 billion dollars in financing from the heh.
• 12:01
  GIC the US government is propping up this deal because
• 12:06
  the system is imploding. I can't tell you what to do.
• 12:10
  I'll tell you what I'm gonna do. I'ma buy Bitcoin.
• 12:14
  I already got some, I've been buying some racing.
• 12:19
  Hear that? Fuck this shit.
• 12:22
  I'm gonna buy Bitcoin now. Why is this significant?
• 12:25
  What is it? What is it?
• 12:25
  What is the point of that, right?
• 12:27
  So Tim Tim cast IRL has one of the most popular podcast right
• 12:32
  now. These are views.
• 12:33
  You have you have tens of thousands of people watching
• 12:37
  this live and unlike Tucker that was working for the mainstream
• 12:44
  corporate media apparatus. I won't even call it mainstream
• 12:47
  anymore. Let's call it Legacy.
• 12:51
  Is, you know, Tucker said this himself.
• 12:53
  It's not Nico saying this is used to control the narrative,
• 12:58
  the mainstream narrative, Tim has his own platform and if they
• 13:04
  take them off YouTube, he's on Rumble.
• 13:06
  Right? And if they take them off
• 13:07
  Rumble, he's on Twitter, right? So again, you know, it's like a,
• 13:12
  it's like a boat that's leaking, right?
• 13:14
  You can only plug so many holes in.
• 13:16
  And then, when you start saying the actual solution to the
• 13:20
  political world, Rose. And the economic woes that
• 13:22
  people are enduring and you stop.
• 13:25
  Believing the guy in the suit on TV.
• 13:27
  I'm talking about the you know, the Treach treasury secretary in
• 13:30
  this case or the woman in the suit on TV and do you and you
• 13:36
  start saying the solution? Then it becomes a problem, the
• 13:43
  Think about it. Would you take them seriously at
• 13:45
  this point? This is the same people that
• 13:47
  told you there was going to be no inflation.
• 13:49
  These are the same people without getting into any
• 13:52
  specifics. These are the same people that
• 13:54
  told you a bunch of narratives over the last three years.
• 13:57
  How many of those were proven to be true and compare them to what
• 14:03
  the hive mind of the internet has been saying I and it's clear
• 14:07
  to me that the hive mind of the internet has been winning this,
• 14:10
  the official narrative It's BS. And this is why they resort to
• 14:15
  censorship. This is why they resort to try
• 14:18
  to miss label their opponents misinformation you know hate
• 14:23
  speeches and other one they like to use, right?
• 14:26
  But again, because of the internet because of how much the
• 14:30
  internet has empowered, the individual to speak directly to
• 14:34
  people without going to these inner mirror.
• 14:36
  Intermediaries that have clearly been captured.
• 14:40
  It's going to be very difficult for.
• 14:42
  The powers of be the establishment, the party of
• 14:45
  green, like I say to control the narrative in to say, Hey, you
• 14:50
  know, you have to use dollars because dollars are better.
• 14:53
  Well look, Tim pool made that realization and take a look at
• 14:58
  the numbers that he is getting on his show.
• 15:02
  This is daily on a daily basis, three hundred and sixty three
• 15:06
  hundred. Sixteen thousand three hundred.
• 15:08
  Twenty six thousand three hundred fifty two thousand.
• 15:10
  Three hundred fifty six thousand two hundred, And 30,000, right?
• 15:15
  So man oh man this is this is what Opti and I have been
• 15:19
  talking about this is what we've been screaming from the
• 15:21
  rooftops, like like like crazy people, we are on the verge of
• 15:26
  the Bitcoin Echo, chamber being broken and the ideas and Ethos
• 15:31
  of Bitcoin starting to seep into the popular mainstream
• 15:35
  Consciousness. And then that leads to the
• 15:38
  inevitable. Next question, why are we being
• 15:41
  forced to use money? That steals from us.
• 15:44
  Why are we being forced to use money that steals from us?
• 15:48
  Why is that why can't I use money that not only steals for
• 15:51
  me, but actually increases in purchasing power over time.
• 15:55
  And that's a question they're going to have to answer whether
• 15:59
  they like it or not and I'm calling it right now within the
• 16:03
  next four years. And it's gonna be a very
• 16:07
  difficult question for them to answer and that is exactly why.
• 16:12
  They are D platform people like Tucker, they're they're
• 16:15
  resorting to censorship, they're resorting to saying labeling
• 16:18
  stuff. Misinformation they're resorting
• 16:20
  to saying that things are hate speech.
• 16:22
  When is the next thing? When is the next thing?
• 16:24
  Bitcoin is hate speech, about a pretty sure we've heard that
• 16:26
  already, right? And you're seeing, you're seeing
• 16:29
  the establishment and their propaganda arm already trying to
• 16:32
  in full force. Remember we're Reuters said,
• 16:35
  when, when Bitcoin, when Bitcoin was made legal tender in El
• 16:40
  Salvador, remember what Roy Our said, when Argentina was given
• 16:46
  that bailout and part of the bailout, one of the Clauses was,
• 16:49
  hey, you have 2D incentivize the adoption of Bitcoin.
• 16:53
  Well, their legitimacy. What they're saying is bullshit.
• 16:56
  At this point, they're not reporters, they're not
• 16:59
  journalists there propagandist and it's becoming very clear to
• 17:03
  everybody. It's not just crazy bitcoiners
• 17:06
  saying this it's the mainstream saying this, right?
• 17:09
  It's people like Tucker people like Joe Rogan people like Tim
• 17:13
  pool and unfortunately as much as we love our job as much as we
• 17:18
  love to say what we say and talk to you guys, it's those
• 17:22
  mainstream content creators. Those are the people that are
• 17:26
  going to have the ability to really, really wake the masses
• 17:30
  up because the masses are already watching them in the
• 17:33
  first place, right. Bitcoin.
• 17:35
  Right now is Niche Bitcoin right now.
• 17:37
  It's in its little corner, but you're starting to see and you
• 17:41
  heard it from Tim's mouth himself.
• 17:43
  You're starting to see that break and also like mention the
• 17:47
  Bitcoin conference as well. You have very predominant
• 17:49
  mainstream figures going there as well.
• 17:51
  You have Tulsi gabbard, you have Eric Weinstein, right?
• 17:55
  Why are they going to a Bitcoin conference?
• 17:57
  Right? You have to ask yourself that,
• 17:59
  right? And the reason for this is
• 18:00
  simple, everyone knows there's something wrong.
• 18:03
  They feel it in their pockets. They see the political upheaval,
• 18:07
  right? But they don't know.
• 18:09
  They don't they don't know what the solution to this is the
• 18:11
  solution. Lucien is Bitcoin all roads lead
• 18:15
  to bitcoin, and it's happening before our eyes.
• 18:17
  So hopefully, you know, you guys don't ignore what's going on.
• 18:23
  Hopefully it should be a giant red flag.
• 18:26
  You seeing what's going on and saying, okay?
• 18:28
  You know what, maybe I should get some just in case it catches
• 18:32
  on anyways. Opti.
• 18:33
  What are your thoughts on all this, bro?
• 18:34
  Well, going back to the Reuters article when when I saw that I
• 18:39
  thought, when I saw the US Treasury come out And say, you
• 18:42
  know like the banking system find all I heard was like trust
• 18:45
  as bro. Everything is good, you know,
• 18:47
  just standard social media talk. But I mean, little do most
• 18:52
  people know that all banks are insolvent like by Design and if
• 18:56
  they just all went to claim their deposits, they wouldn't
• 18:58
  have their money there by Design.
• 19:00
  And I just think this is back to the fundamental fundamental
• 19:04
  misunderstanding, of most people.
• 19:05
  When it comes to how complicated, the financial world
• 19:08
  is how complicated Keynesian economics is, you know.
• 19:12
  The banks that are insolvent by Design.
• 19:14
  So like, this isn't just about the, the seven banks that have
• 19:18
  are going down have gone down in the last 2 months.
• 19:21
  This is all banks in general. And what's the saying like the
• 19:24
  official denial is signal, that the opposite is happening.
• 19:27
  So shout out to the US Treasury giving us what is actually
• 19:30
  happening. Bye-bye via - Ava or whatever
• 19:34
  the saying is, but as the universe is the US Treasury Jim
• 19:38
  Cramer. Yeah, basically.
• 19:44
  But I mean, hey, look say what you want about Temple.
• 19:47
  Oh, I know he's not the most loved person on bitcoin Twitter,
• 19:50
  but he's got a huge platform. And what have we been saying for
• 19:53
  a long time? If you are not talking about
• 19:56
  Bitcoin, if you are not pushing Bitcoin and self self custody on
• 20:01
  your audience and you are a political talking head like you
• 20:04
  are part of the problem. And at least he's coming around
• 20:06
  to the idea of oh wow, this is what all the big Corners have
• 20:09
  been talking about. This is why I should be holding.
• 20:12
  Loading Bitcoin. Because again we said it a
• 20:14
  couple times on the show a few previous weeks and I had the
• 20:18
  conversation with the friend Marv class or two weeks ago and
• 20:22
  if you look outside of your window and you don't have your
• 20:24
  head stuck in the sand buried in the sand, it's never been more
• 20:27
  obvious. Why we need Bitcoin?
• 20:29
  It's as plain as day, if you are paying attention.
• 20:32
  And so to see someone that is a political pundit, you know,
• 20:35
  political talking, head to finally, start coming around to
• 20:38
  the idea of what we've been talking about.
• 20:39
  For a long time. I think this is bull.
• 20:42
  Because I've been saying it for a minute and this is something,
• 20:46
  this is the thread. We've been pulling on on the
• 20:47
  show for a while is that Bitcoin Consciousness is crossing that
• 20:51
  mainstream Consciousness right now, like the Rubicon of the
• 20:55
  mainstream Consciousness going viral going public right now.
• 20:58
  However, you want to say it, like, people are waking up to
• 21:00
  the Bitcoin message and it's only a matter of time until
• 21:03
  everyone wakes up to the Bitcoin message.
• 21:05
  And again, if you aren't spreading Bitcoin, self custody
• 21:08
  as a solution to most of the world problem, at least the
• 21:10
  fundamental root of the world. L'm then you are a part of the
• 21:13
  problem. So I'm glad that Temple is
• 21:16
  coming around to it. It's only a matter of time until
• 21:18
  he starts telling people to take Bitcoin into self custody.
• 21:21
  And then once we do that, then we're really we're really Off to
• 21:24
  the Races. What he's got one point four
• 21:26
  million subscribers. What if 1.4 million of those
• 21:29
  average people out there, start stacking Bitcoin?
• 21:32
  Because the most important thing is getting Bitcoin into the
• 21:35
  hands of everyday, people. Downloading the wallet using
• 21:38
  Bitcoin, saving, and Bitcoin. This is how we fundamentally
• 21:42
  What is happening right now is having people hold Bitcoin.
• 21:45
  This is like the first thing that we need to do is just get
• 21:48
  more. People aware to the idea that
• 21:51
  often out of this madness is the solution saving and Bitcoin is
• 21:54
  the way guys and hey you know it's only a matter of time until
• 21:57
  Tim fully gets down the rabbit hole and started talking about
• 22:01
  self custody and we're in front of this guy's like we're ahead
• 22:04
  of this so just keep remembering that you are right guys.
• 22:08
  Remember that. You are correct in your thesis
• 22:11
  or do not. Only are you write your first?
• 22:13
  Your first. This is the crazy part.
• 22:15
  Is that your first remember like all these political shows like
• 22:18
  they complain and they bitched and they this is like okay you
• 22:21
  know, whether you're watching a liberal show or conservative
• 22:24
  show it's like oh my God, the other side's freaking crazy but
• 22:28
  they don't have Solutions like their solution is to vote,
• 22:31
  right? We have a solution and that
• 22:34
  solution is to is Bitcoin. Just opt out that is the vote,
• 22:37
  the strongest vote you can make is taking your Bitcoin.
• 22:42
  Bitcoin earning Bitcoin, mining Bitcoin.
• 22:44
  And taking that said Bitcoin, and you take it into self
• 22:46
  custody you properly, secure your seat phrase, that's it, you
• 22:51
  are part of the peaceful Bitcoin Revolution.
• 22:53
  Even if you even if you don't think you are, even if whatever,
• 22:57
  you've taken your energy, your time your work out of out of
• 23:02
  their grasp. And they've been using that
• 23:04
  mechanism against us for a very, very long time.
• 23:08
  Anyways, Mike, what's your take on this before, we move on to
• 23:11
  the news. So I think I'll kind of lump in
• 23:16
  my take on Tim pool and Tucker Carlson into the same thing.
• 23:20
  I think the both of them both Tucker Carlson getting pushed
• 23:24
  out and Tim pool coming to bitcoin basically.
• 23:27
  At the same time is probably going to produce a power vacuum
• 23:33
  because Tucker Carlson is we know.
• 23:36
  Like when he was still on Boggs he had Max Keiser and Michael
• 23:39
  sailor on his show, right? I think he had both of them.
• 23:42
  And he liked that signaling basically through the Fox
• 23:45
  network that he's already bullish on bitcoin.
• 23:47
  Like he's interested, he's talking about it and then
• 23:50
  pushing him out, is a bit of a signal to the rest of the world
• 23:53
  that like something's going on that they don't like with
• 23:56
  rather, whether it's all of what Tucker's been doing, or whatever
• 24:00
  Tucker is going to pull a large portion of that user base and
• 24:03
  that following with him wherever he decides to go.
• 24:07
  Now, the other thing is we don't know if they're there is likely
• 24:10
  a severance deal. Deal where he's not going to,
• 24:14
  they're going to try and keep him from being able to do
• 24:15
  something for however many months or years and they
• 24:19
  probably paid him off. But the fact that Tucker
• 24:23
  Carlson's events and Tim pool happening this closely together
• 24:27
  and Tim pool, like, like Tim pool, didn't try to like hide
• 24:31
  his emotions when he read that when he read that, that that
• 24:35
  headline. And he's like, dude, like I'm
• 24:37
  sorry for cursing. I don't know if you guys are
• 24:39
  gonna get banned on YouTube where they was like, like Temple
• 24:41
  was like Fuck this. Like this doesn't make any
• 24:43
  sense, like what, why am I operating inside this closed
• 24:46
  loop system? That's clearly failing.
• 24:48
  And it would be like, it'd be like being on the Titanic seeing
• 24:52
  and knowing that it's sinking early before anybody's on the
• 24:55
  lifeboats and then looking at the lifeboats and going No, I
• 25:00
  think I'm good. Like honestly like we think that
• 25:04
  we think that that's going to work like so I don't know.
• 25:07
  I I'm with you guys. I think I think and this gets
• 25:10
  into like what why I've been writing what I've been writing
• 25:12
  for simply is like, I think we are now.
• 25:15
  We really are on the cusp of seeing a actual legitimate
• 25:19
  second Renaissance for the broader world.
• 25:23
  Not, not just the US, I think that there's going to be a lot
• 25:25
  that comes out of the flood. Of the populace.
• 25:29
  Realizing that Fiat, currencies are a failure in general all
• 25:34
  throughout history and that there needs to be something new
• 25:37
  and something new needs to be done as soon as possible to try
• 25:41
  and like alleviate these problems.
• 25:44
  Yeah, 100%, no. And I think you hit the nail on
• 25:47
  the head or when you were talking about the Renaissance,
• 25:49
  right? I think that once we get over
• 25:52
  this hill, right, we are going to see a type of freedom of
• 25:58
  Which the world has never been as never experienced before.
• 26:02
  The sovereign individual thesis talks about this right
• 26:04
  information Technologies are going to free individuals from
• 26:10
  the nation-state in a way, right?
• 26:11
  It's going to give you individual, the ability to pick
• 26:15
  and choose to move to whatever jurisdiction.
• 26:18
  They feel like is more favorable to them.
• 26:20
  You already see this with a lot of expats moving to Dubai where
• 26:23
  there's no income tax, right? Opti and I have been debating
• 26:27
  back and Fourth. I'm like, on the fence of
• 26:30
  whether I want to move to El Salvador.
• 26:32
  Not like, I'm like very, very close.
• 26:35
  So, you know, and again, it's because I know that because I
• 26:39
  have my Bitcoin in self custody. I can go move freely to where
• 26:44
  I'm treated best, right? And I think that is more and
• 26:47
  more people come to this realization.
• 26:50
  This realization that they can opt out of inflation entirely,
• 26:53
  right? And they could not only vote
• 26:56
  with their wallet but also their feet.
• 26:58
  I It's going to make the world a much better place a much Freer
• 27:01
  place. But again, the powers of be are
• 27:04
  not just going to give over those keys and go gently into
• 27:06
  that good night. You know, they're going to try
• 27:07
  to put up some fight and that that's exactly why we say it.
• 27:11
  In the beginning of the show, this is the separation of money
• 27:14
  and state. Anyways, everybody no more
• 27:15
  delay. Let's get to news.
• 27:16
  We got a lot to talk about the. Check it out.
• 27:21
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  a shout-out to our new sponsor. The orange pill app stack
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  you, let's say you move to a new city and you don't know any
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  bitcoiners around you hop on the orange pill app and you will
• 28:15
  find bitcoiners around. You it look I don't know about
• 28:18
  you guys but I don't really Any anything in common with my
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  Normie friends anymore were operating on a completely
• 28:24
  different system on a completely different standard.
• 28:27
  So now what tends to happen is I relate mostly to bitcoiners and
• 28:30
  I'm sure that a lot of you guys know exactly what I'm talking
• 28:33
  about. I'm sure your day will be full
• 28:35
  of amazing speakers. When you go to Miami and talks,
• 28:38
  what are you gonna do at night? There's nothing worse than being
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  in a city full of bitcoiners but your inner you you are in your
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  hotel room watching TV, hop on the orange pill app events page
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  area. It's all about building a
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  community, we're stronger together.
• 28:59
  Anyways, I want to talk about this.
• 29:02
  I've been delaying talking about this for quite a while because I
• 29:05
  wanted to see it. Develop and boy.
• 29:07
  Oh boy, did it develop? So we had an episode on this
• 29:11
  about, like, six months ago to nine months ago maybe was a year
• 29:14
  ago about Intel which is huge right?
• 29:17
  One of the largest CPU manufacturers in the world.
• 29:21
  I mean, there's really only two, they decided to make Bitcoin
• 29:26
  mining chips. Well, it looks like they back
• 29:28
  down, it looks like they're not doing that anymore.
• 29:30
  Here's some details as an article for blood from block
• 29:32
  works for audio listeners, so it says, US tech, giant Intel has
• 29:36
  cooled on Bitcoin mining after discontinuing.
• 29:39
  It's practically new block scale, 1,000 chip series.
• 29:43
  The Move comes about a year after Intel announced its
• 29:46
  Standalone, crypto mining chip Peg to be more powerful.
• 29:50
  And energy efficient than the top-of-the-line Asics quote.
• 29:53
  As we prioritize our investments in IDM 2.0.
• 29:57
  We have end-of-life the Intel block scale 1000 series A6 while
• 30:01
  we continue to support our block scale.
• 30:03
  Customers IDM 2.0 refers to Intel strategy of utilizing,
• 30:07
  third-party foundries to manufacture products, including
• 30:10
  graphics and chipsets Intel's decision to acts.
• 30:13
  Its mining. Chips was first reported by Tech
• 30:15
  Outlet Tom's Hardware, which noted the company often cites a
• 30:18
  focus on IDM .0, when it plans to tighten resources or pull out
• 30:23
  of business, has Intel has previously.
• 30:25
  Announced its block scale, Asic would ship in the third quarter
• 30:29
  of 2022 named Argo. Blockchain block of formally
• 30:33
  Square grid infrastructure And Hive blockchain as its first
• 30:37
  customers but it's not all bad news.
• 30:40
  Seems like Jack dorsey's block snaps up Bitcoin mining chip as
• 30:44
  Intel wines down production it goes on to say Jack dorsey's
• 30:49
  fintech pain. That's company block recently
• 30:51
  bought a large number of Bitcoin mining ships from Intel which
• 30:55
  will accelerate its plans enter the mining Hardware Market.
• 30:58
  Just as the chip maker winds down production, the purchase
• 31:01
  will help it. Bring mining machines to the
• 31:03
  market as it focuses on developing its Cutting Edge 3.
• 31:06
  Nanometer chips Intel announced in February a last date for the
• 31:11
  production of its Bitcoin. Mining application specific
• 31:13
  integrated circuit. I could have just said Asic in
• 31:16
  April, 20, 24 as it too, skinny, discontinues the chip.
• 31:20
  Lock recently jumped on the opportunity to buy a large.
• 31:23
  This is the signal out of all of this block recently jumped on
• 31:26
  the opportunity to buy a large quantity of these Asics.
• 31:29
  From until it's set in a Friday blog post, the firm was planning
• 31:33
  on finalizing, its design of a five.
• 31:35
  Nanometer chip for Bitcoin mining this quarter and build
• 31:38
  machines based on that. The purchase means that the team
• 31:41
  could focus exclusively on the 3 NM design.
• 31:45
  The post said, anyways it goes on to say and this is a bit of
• 31:49
  other Signal and this is actually something that troubles
• 31:51
  me a lot. The reality is that the vast
• 31:54
  majority know like the majority or the, I don't know.
• 31:59
  How does it what is the word above majority?
• 32:02
  Alton almost all of Bitcoin? Mining Asic production is, is by
• 32:07
  to Chinese companies and I don't have anything against China but
• 32:11
  you know, the specifically, the CCP, the government of China.
• 32:16
  We all know how they feel about Bitcoin when they're playing two
• 32:18
  sides because like Mainland China, they're like no.
• 32:21
  But Bitcoin bad band, Bitcoin. You know, you get a fine if you
• 32:24
  use Bitcoin, but like, in Hong Kong there, like you know what,
• 32:26
  we'll use, this will use this to two countries or it is a 22
• 32:34
  cities, same country or whatever.
• 32:36
  I forget what the expression is. Anyways, I'll put at this eight
• 32:41
  pots jurisdiction. Same government.
• 32:43
  Exactly. So Hong Kong was a former
• 32:45
  British colony, and, you know, it was given back to China and
• 32:48
  the 90s. But Hong Kong has has had some
• 32:52
  level of Independence. So, what I suspect they're
• 32:55
  using, is they're using, they're trying to get the best of both
• 32:58
  worlds. Right.
• 32:58
  So in mainland China, no Bitcoin.
• 33:00
  Try to control the populace with their social credit system.
• 33:03
  But in Hong Kong there, like, hey, you know what, since the
• 33:06
  u.s. is being so hostile to these companies, let's attract
• 33:09
  them here and let's get the benefits of that.
• 33:11
  So there I think they're doing a very smart anyways.
• 33:14
  But and that's a big problem, right?
• 33:15
  You definitely don't want the Asic manufacturers to be from a
• 33:22
  country that is openly hostile towards Bitcoin.
• 33:25
  And I think that that's a lot of other.
• 33:27
  You know Bitcoin predominant bitcoiners have identified.
• 33:30
  This problem one being blocked stream and Adam back.
• 33:34
  Right. They acquired a company called
• 33:36
  spawn Doodles and of course, Jack Dorsey.
• 33:39
  So it goes on to say, blocks said it aims to improve the
• 33:42
  decentralization of the Bitcoin Network.
• 33:44
  When it comes to Mining quote, the main problem is quote, the
• 33:47
  diversity of manufacturing and supply chain.
• 33:49
  Jane said Templeton quote, we want to make more more tools for
• 33:54
  more people to build and use. When you dig into mining that
• 33:57
  Asic is at the center of mining. The mining.
• 33:59
  Manufacturing industry is dominated by two players bit
• 34:03
  Main and mikrobitti, right? So it'd be great to have a
• 34:08
  mining menu, minor manufacturer from a country that is not
• 34:12
  openly hostile towards Bitcoin, right?
• 34:14
  You don't want it to be too Chinese countries, being
• 34:18
  responsible for all of the man. Factoring.
• 34:20
  Now I know that bit main has moved some of their
• 34:24
  manufacturing overseas, specifically to Thailand, but
• 34:27
  still right. But still what, how much, how
• 34:30
  much weight? How much influence does the CCP
• 34:34
  have over over those companies? Right.
• 34:37
  You definitely don't want to be in that position.
• 34:39
  Just like stratum V2 is going to further decentralize mining on
• 34:42
  the manufacturing front. I think this move by block is
• 34:46
  very necessary and shout out to Jack Dorsey for identifying In
• 34:49
  this problem, the more mining manufacturers the better, the
• 34:53
  more mining fact, the more mining manufacturers that are
• 34:56
  based in different jurisdictions, even better,
• 34:59
  right? So I think that's what we're
• 35:01
  moving towards. But, let's see what happens.
• 35:03
  Anyways, Mike, I want to get your take on this.
• 35:06
  I know that you've, you know, you've had your bouts with, with
• 35:10
  Mining and stuff. So, I'm curious to hear what
• 35:13
  your thoughts are on on all this.
• 35:16
  Yeah, I the funny thing is with Intel, I I understand and I
• 35:21
  agree with their concerns because they are, they are
• 35:24
  trying to hop into the middle of an industry that was already
• 35:28
  extremely specialized, and extremely competitive, extremely
• 35:32
  competitive. In the sense of like it, like,
• 35:35
  it's dominated by the two manufacturers, like we just
• 35:37
  discussed, and it's competitive in the sense of there.
• 35:40
  So specialized that One of the things with Chinese Chinese
• 35:44
  technology as far as like their production capabilities is, it
• 35:48
  was always rumored that they weren't capable of making chips
• 35:50
  smaller than I think 7 nanometers.
• 35:53
  And so like when I then you go to Bitcoin mining and say well
• 35:57
  there are already working on building a six with chips that
• 36:00
  are five and three nanometers. So like, is it really true that
• 36:03
  they don't have the capability to go any smaller than 7?
• 36:08
  So like when it when it goes again, going back to entail, I
• 36:11
  understand the the kind of psychology in Game Theory that's
• 36:17
  going on in this decision because I get the same time to.
• 36:19
  And I think I mentioned this in one of your maybe one of your
• 36:22
  guys's spaces like a week or two ago or with like the toxic
• 36:26
  happy. Our guys.
• 36:28
  It also makes sense that they would back down like this right
• 36:33
  now and then I don't see any reason why they wouldn't have
• 36:38
  the intent or the backstage workings to Try and produce
• 36:43
  their own small little kind of like experimental company on the
• 36:46
  side or even any one of their former members or former
• 36:49
  employers or team members or whatever.
• 36:51
  Like there's a lot of stuff as far as business and business
• 36:54
  intelligence that goes on that, none of us can really see.
• 36:57
  It's really very comparable to the actual like, intelligence
• 37:01
  industry and like Military Intelligence because like
• 37:04
  there's one month when big money's involved in Bitcoin is
• 37:07
  big money like especially with the target total addressable
• 37:11
  Market, the Bitcoin has Like there's a lot of money to be
• 37:13
  made, so there's going to be a lot of significant investment by
• 37:17
  intelligence groups to try and figure out what the best
• 37:19
  strategy is here. And like the best strategy is
• 37:21
  going to be a strategy that your competitors don't know about.
• 37:25
  And I also think that it's really, really smart by Jack
• 37:29
  Dorsey and block to buy up as many as they could.
• 37:32
  And it sounds like from what you just read Nico that they're
• 37:35
  going to be using that as a test bed for, probably multiple
• 37:38
  different reasons to try and produce their own product.
• 37:41
  And potentially take the market share that Intel basically just
• 37:44
  left wide open because there's also there's also the projects
• 37:49
  like I think Marathon was planning on buying some
• 37:52
  industrial-sized Hydro cooled Bitcoin mining products from
• 37:59
  Intel as well. So, I don't know what they're
• 38:01
  going to be doing. So that may be a question for
• 38:04
  Fred peel CEO, but yeah, I people think it's like, I think
• 38:10
  a lot of people reacted, like, it was like Fudd or Reason To
• 38:15
  Doubt Bitcoin. But if you know anything about
• 38:19
  like, Bitcoin mining, and Bitcoin is like, This will
• 38:22
  happen like this is like I said, it's highly competitive.
• 38:24
  It's extremely competitive extremely specialized, I'm like
• 38:32
  this is to top it all off. I'm very excited to see where
• 38:35
  this is going to be going because Bitcoin mining is
• 38:40
  essentially going to be leading the charge on revolutionising
• 38:44
  microchip. Technology because we're the
• 38:46
  ones pushing the limits on the size of the nanometer.
• 38:48
  Because, like, when you get down, like the reason, like the
• 38:51
  target is 3. Nanometers is like, you're
• 38:53
  getting, you're really certain to flirt with the laws of
• 38:55
  physics down there to where, electrons start hopping across
• 38:59
  the chip, and they can't convey, because the space gets so small,
• 39:03
  electrons jump, and you can't control the flow.
• 39:05
  If you can't control the flow of electrons, you We damaged
• 39:09
  materials and you just, you don't, you can't effectively
• 39:12
  power the chip itself or like or the device that the gym is
• 39:16
  supposed to be running. So this dude I can't say enough
• 39:20
  about how excited I am for Bitcoin mining and it's like
• 39:23
  when I say when I say second Renaissance I full I
• 39:27
  wholeheartedly mean it I don't think anybody really understands
• 39:29
  how much I actually truly believe that we are seeing the
• 39:32
  revolution is ation of basically every technology on the planet
• 39:36
  right now 100% And it completely Changes the energy conversation,
• 39:40
  right? Because yeah, you have these
• 39:42
  energy, energy, rich pockets all throughout the world that would
• 39:49
  normally be. So isolated from civilization
• 39:52
  that you couldn't really monetize that.
• 39:55
  Now all of a sudden, you know, these Bitcoin miners can go to,
• 39:58
  it's like water, they can go to anywhere, it doesn't really
• 40:00
  matter. And then, for the first time in
• 40:02
  human history, they can give those isolated energy Pockets
• 40:06
  Valley, right? We see this on a smaller.
• 40:08
  Ill with the the flared gash, the flared gas initiative, that
• 40:13
  Crusoe energies. I know, Great.
• 40:15
  American mining was was part of that as well before they got
• 40:18
  acquired right there. Turning this flared gas that
• 40:22
  would normally be vented out into the atmosphere and they're
• 40:24
  turning that into sweet, sweet satoshi's right?
• 40:27
  And like, you could like, and you like, think about it like
• 40:31
  and you see this with the country Bhutan yesterday, right?
• 40:34
  It's extremely has tremendous amount of Hydroelectric,
• 40:39
  electricity capacity, or capability, but it's an isolated
• 40:44
  country. It's a country with not a big
• 40:45
  population. What are they going to do with
• 40:47
  all of that excess energy? Will they realized, let's turn
• 40:49
  it into Bitcoin? And I think that this is going
• 40:52
  to happen on a worldwide level and it's going to completely
• 40:55
  change the energy industry altogether.
• 40:58
  You know, and I think the powers that be know that and I think
• 41:01
  that's why they're so hell-bent on attacking, you know, using
• 41:06
  their there, you know, the Again, though, where the change
• 41:09
  the code or the New York Times, hit piece, which completely
• 41:13
  backfired on them, I might add right?
• 41:15
  So, you know, it's stuff like that, right?
• 41:17
  That I'm just super, super excited for anyways.
• 41:20
  Opti, what's your take on this brother?
• 41:22
  Well, just on a general sense because I can't touch what Mike
• 41:26
  was saying. First of all love, Mike's
• 41:29
  insights on all this stuff, but as we know, as bitcoiners as a
• 41:33
  free market Maxie's, competition is good.
• 41:35
  So it's a shame to see Intel back out making NG the Asic
• 41:39
  chips but hey, like Mike said, you know, this is just going to
• 41:42
  open up space for more competitors and it's only a
• 41:45
  matter of time until the chip manufacturers realize that
• 41:48
  there's probably a lot of money to be made by manufacturing Asic
• 41:52
  chip. So I think it's just going to be
• 41:54
  something that we are just going to need a little bit of time to
• 41:58
  see this play out, but, you know, shouts out the Jack Dorsey
• 42:01
  shuts out the block for picking up that slack and for seeing the
• 42:05
  opportunity. And it's kind of something that
• 42:07
  I know we're going to be talking about In the culture.
• 42:09
  But it's the idea that we always talk about here on the show of
• 42:12
  saving in Bitcoin and unlocking your human capital and we're
• 42:16
  seeing Jack Dorsey. Just go, you know, absolutely
• 42:18
  balls deep in Bitcoin and in mining and everything regarding
• 42:22
  Bitcoin and it just you just love to see it.
• 42:25
  I just can't wait to see more Bitcoin, entrepreneurs do the
• 42:27
  same thing and just seeing what else we're going to see, pop up
• 42:30
  in the future and how our lives will improve in the process.
• 42:35
  Anyways, maybe let's get into the culture because I want to
• 42:37
  give Mike some time. All right, let's do.
• 42:38
  Do it. Let's get to the culture, ladies
• 42:40
  and gents. The daily culture brought to you
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  and get it at Swan. Go to Swan.com Ira, for more
• 43:38
  details. And of course, you could always
• 43:40
  send me a DM on Twitter. If you have any doubts,
• 43:42
  questions, or Concerns. Anyways, Opti.
• 43:45
  It's all yours, my friend. All right.
• 43:47
  Well, my car ready? Kind of drop the sauce on
• 43:50
  everyone because I was just going to basically do.
• 43:52
  Hey Mike, I'm going to cheer you up on a tldr.
• 43:55
  What is this series? What are we talking about here?
• 43:57
  But you kind of already did it so maybe you can just pick a
• 43:59
  jump-off point and then we'll continue the conversation, my
• 44:02
  bad, man. I didn't mean to you're good,
• 44:04
  bro, you give it up the sauce, give him the sauce.
• 44:08
  But but yeah, so like what I touched on earlier is like, I a
• 44:13
  lot of both the Bitcoin community and the Legacy system
• 44:19
  and mainstream media and normies, they all think that
• 44:23
  Bitcoin is going to change things because of number, go up
• 44:25
  technology and I actually think number go up is like the last
• 44:28
  thing anybody should be talking about.
• 44:29
  Like it's cool, it attracts like interest and all sorts of this
• 44:33
  other stuff. But I think that the real value
• 44:37
  is a the Bitcoin mining conversation.
• 44:40
  Like, we were just having as far as revolutionising energy but
• 44:43
  it's also the fact that Bitcoin because of this, the fact that
• 44:46
  if you custody it properly, it can't just be forcibly removed
• 44:50
  from you and In that and the other very important properties
• 44:54
  of Bitcoin it brings back like time value.
• 44:57
  Because with regards to the u.s. dollar, there is no time value
• 45:01
  in the US dollar when you can, print Nate, said it really,
• 45:06
  really great yesterday in the spaces after the show.
• 45:09
  Which I also I think I had a bit mentioned in part two, where you
• 45:15
  cannot accurately or Faithfully judge a country's GDP when
• 45:20
  you're measuring it in a dollar that had 40%.
• 45:22
  Have it printed within 18 months, that doesn't make sense.
• 45:26
  Like when you produce that much money and you're like oh the the
• 45:30
  count the country's GDP went up by 40% but we also you know,
• 45:33
  printed 40% of the money. Like okay.
• 45:36
  So it basically went up by nothing.
• 45:38
  I mean as far as far as like the actual math, I'm probably wrong.
• 45:42
  So don't, you know, take my word for it, but the fact that it
• 45:46
  gives People Back Time, Value it Returns, the power of the
• 45:51
  individual. Turns the power of time and
• 45:54
  economic value and frugality and just responsible economics and
• 46:00
  financials back to the individual, to the point of
• 46:03
  where incentivizes the individual to actually make
• 46:07
  greater value with every iota of time that they have in the day.
• 46:11
  Because now we have a situation here where we have I had tweet
• 46:17
  yesterday where I talked about. So for example, for health,
• 46:22
  People are surprised that the population of Western developed
• 46:25
  in western western developed countries their surprise that
• 46:29
  the health is bad when our frames have gone in the last
• 46:32
  like 200 300 years, our frames have gone up as in were bigger
• 46:35
  and taller nutrient, density has gone down in the last 50 years
• 46:39
  but the the average nutrient density.
• 46:41
  I think of like the average fruit or vegetable you pick up
• 46:44
  in the produce. Aisle has like 12 percent of
• 46:46
  what it did. 50 years ago, people are moving less every
• 46:51
  day. Um, and the fact that because of
• 46:54
  the economics of the US dollar people don't have enough time to
• 46:59
  actually, not only partake and healthful activities because
• 47:03
  they're, they have to be sitting at a desk working.
• 47:05
  Some bullshit Fiat job eight to ten hours a day or they don't
• 47:10
  have enough time to actually do, what is proper for, in a sense
• 47:13
  of family formation, like a mom or a dad staying at home and
• 47:17
  properly, rearing children to the point of where the children
• 47:20
  now are also deficient in just About every societal like
• 47:24
  functionally important societal like capability of child is
• 47:28
  supposed to have is when they grow up it, like when they grow
• 47:30
  up to be, you know, teenagers and adults.
• 47:31
  And when you're, when you're considering the economics of a
• 47:36
  society or the technological innovation of society, all of
• 47:40
  these matters are important. Like if you there's a I think
• 47:44
  there's a quote from DaVinci where he says.
• 47:45
  Like if you want to, if you want to truly like value life, you
• 47:49
  have to understand the science. The art of science, you have to
• 47:51
  understand the science. Of Art in order to understand
• 47:53
  how everything is like beautifully interconnected.
• 47:57
  And this is one of the problems with like economists today like
• 48:00
  all these morons on fin to it, they claim to be like Financial
• 48:04
  gurus and experts, they try to pick out these very specific,
• 48:08
  little measurements of an economy and claim that that's
• 48:10
  going to be steering everything into the future like that.
• 48:13
  That's not how it works. You have to consider every
• 48:16
  single input across the entire Spectrum to understand where the
• 48:20
  flow of like the future is going for the a flow of modernity is
• 48:23
  going. We're where the possible next
• 48:25
  endpoints going to be and right now, like, what we're seeing is
• 48:30
  that because of the US dollar and because of its frugality, as
• 48:33
  far as I can, the capability of printing it, nobody can measure
• 48:37
  anything. Like you can't, you can't
• 48:40
  measure how impactful your job is by your income because the
• 48:43
  income doesn't matter and you can't you can't judge the impact
• 48:47
  that you're that you're having on pick a thing like it.
• 48:52
  You just when you screw up the measuring stick of the of the
• 48:55
  country or the economy, it just causes so many Downstream
• 49:00
  effects that people just aren't giving enough credit to.
• 49:03
  So this is why I think that getting back into the actual
• 49:06
  energy discussion because this is where the real value is.
• 49:08
  So like the time value is getting put back into money.
• 49:11
  That's one thing that Bitcoin is doing really, really well.
• 49:13
  And that's one thing that people don't value right now.
• 49:15
  But they will, once more of these Banks, keep failing
• 49:18
  because, Matt Odell put a thing up on Noster yesterday.
• 49:22
  Which I don't know if you guys saw it but he said that this is
• 49:26
  just the start. Like it's just like it's almost
• 49:28
  just like 2008. I think Lehman failed like in
• 49:32
  March or something up. 2008. And then like the whole kind of
• 49:36
  House of Cards didn't really start to collapse until fall.
• 49:39
  So be careful as far as like this summer and everything like
• 49:43
  people are going to like in my opinion people are going to come
• 49:46
  out of the woodwork as summer and just be like oh this like
• 49:49
  this is fine. Like see we plug the hole, JP
• 49:52
  Morgan bought it, it's cool, whatever.
• 49:54
  But I think Matt Odell is correct in the sense of there's
• 49:57
  going to be more coming, there's going to be more issues coming
• 49:59
  like Just like Tim pool says, like, use you plug the leak.
• 50:03
  With a lot of toilet paper. I don't think you accomplished
• 50:06
  anything more people are going to get woken up to this.
• 50:10
  So again, that's the that's the money Financial aspect of it.
• 50:14
  But when it gets back into the, like, the technological
• 50:17
  innovation Renaissance because of what Bitcoin is incentivizing
• 50:20
  and the development of more radically specialized
• 50:24
  microchips. One thing you also have to
• 50:27
  understand when it comes to like I've written about this on my
• 50:29
  sub stack. When you talk about complex
• 50:34
  adaptive systems which like the body is a complex adaptive
• 50:37
  system, a country's economy is a complex adaptive system.
• 50:41
  Every input is very, very, very, very valuable because every
• 50:45
  input matters because regardless of whether the input fails you
• 50:50
  get information out of its failure or success, you give
• 50:53
  more information at failure than you do have success and you
• 50:55
  know, anybody who's Who, you know?
• 50:57
  Been an athlete or been in a squat rack or deadlifted, you
• 51:01
  get more information out of your failure than you do at success.
• 51:03
  Just tells you you're doing everything right or doing
• 51:05
  something right so Bitcoin is incentivizing all these radical
• 51:12
  revolutions across the board. Money economics is bringing
• 51:17
  philosophy back, which is awesome.
• 51:19
  Like, I know Opti Nico, like the three of us.
• 51:21
  We all love philosophy but then When you revolutionize, not just
• 51:28
  the development of microchips but you completely change the
• 51:32
  environment of energy generation because Bitcoin, my name is
• 51:38
  incentivizing energy, generation beyond that, which is demanded
• 51:42
  by a society. When you incentivize producing
• 51:45
  energy before, it's needed, you also incentivize the
• 51:49
  infrastructure to be developed beyond what is necessary for the
• 51:53
  capability of today. so, and I have talked about this in that
• 51:57
  in that article that I ought to just put up on the screen but
• 52:00
  like for example, with new nuclear powered reactors With
• 52:05
  Bitcoin mining. Now, theoretically well,
• 52:09
  theoretically, but they're also doing it over with Tara wolf and
• 52:11
  Pennsylvania and everything. But theoretically, you can build
• 52:14
  a new modern nuclear reactor because none of the reactors are
• 52:18
  running today. Our modern none of them at least
• 52:21
  none of them that I know of they're all at least, 40 50
• 52:25
  years old. you build a new nuclear reactor that these Mark
• 52:31
  threes are so automated and so compartmentalize that if there
• 52:37
  were to be a meltdown Even the people working on site wouldn't
• 52:42
  be irradiated. So, that's a you take these
• 52:46
  nuclear reactors. You build these nuclear
• 52:49
  reactors. You have a Bitcoin mining
• 52:50
  facility that is right there on site or like right across the
• 52:54
  street from it, ready to just throw on demand as soon as the
• 52:58
  switches are capable of being thrown, you start producing
• 53:01
  energy beyond what is necessary by the civil society around it.
• 53:06
  And then you can allow Asian to develop around these power,
• 53:11
  plants around these sources of energy, instead of having to
• 53:14
  build the city. First, that's a big thing,
• 53:17
  because we've always had to build the city first and then
• 53:20
  find a way to generate jet-like. Generally, you have to build a
• 53:24
  city first to generate and then find a way to generate energy
• 53:26
  around it because you kind of wanted to be around, you know,
• 53:29
  rivers lakes stuff like that because life tends to follow or
• 53:33
  dense to, like really take out areas where there's access to
• 53:36
  rivers and lakes and water. But now, This we can build the
• 53:42
  energy, generation and infrastructure where the energy
• 53:44
  is at produce. It cheaply produce an income off
• 53:49
  that energy to start with, and then you can develop and hit the
• 53:53
  ground running from there like this, like it change it.
• 53:56
  Like, I don't think people understand how much this
• 53:58
  changes. Absolutely everything I could
• 54:00
  changes in. Just like how Nico said, it's
• 54:02
  like people are going to vote with their money.
• 54:05
  Be able to vote for their feet, are gonna be able to vote with
• 54:07
  their energy demand. Like it's like, I I don't know
• 54:10
  if you guys notice I kept speeding up and how fast I'm
• 54:12
  talking, because I get so excited about this stuff.
• 54:14
  But like, this is we're literally watching the future
• 54:18
  happen like in real time, dude. And it's absolutely incredible.
• 54:22
  And, you know, I think the news from Bhutan yesterday, really
• 54:27
  confirms what you're saying is that on now nation-states are
• 54:31
  coming to this realization, right that holy crap.
• 54:34
  Bitcoins incentives are completely irresistible and what
• 54:38
  the other side has This is just, it's a fugazi, it's a fugazi.
• 54:42
  It says sdrs. And it's just imaginary, like,
• 54:45
  print money out of thin air and mopped, his ex-girlfriend crew,
• 54:49
  Starving Artists use my money. Please, I'm Christy like like
• 54:53
  come on now. Anyways guys, do it nigga before
• 54:56
  we gone. Mike, can you touch on tldr on
• 54:59
  the idea of communication? Because I say it all the time in
• 55:01
  spaces, it's the ideal, man, we have super computers in our
• 55:04
  pockets. And as we're seeing happen in
• 55:05
  real time, information is stress is traveling at such a fast.
• 55:09
  Fast-paced that maybe we are under estimating.
• 55:12
  But also at times, overestimating how fast is whole
• 55:15
  phenomena than phenomenons going to happen?
• 55:17
  Yeah, yeah. Real quick because I know you
• 55:19
  guys have a time slot and show. No, no.
• 55:21
  Today's gonna be an extended simply Bitcoin episode.
• 55:24
  We're going to an hour 15, maybe, okay.
• 55:27
  All right, fair enough. So the other thing that Opti
• 55:30
  reminded me of that in touch on those in the article was that
• 55:34
  when we look and we're comparing like this second Renaissance to
• 55:38
  the first Renaissance. You have to look at what
• 55:40
  started. The first Renaissance the first
• 55:43
  Renaissance was like it because this interesting amalgamation
• 55:46
  and concoction of different like people were realizing that
• 55:50
  things were changing, but they didn't really like they didn't
• 55:54
  really know how to like, you know, put a pin on it.
• 55:57
  Right, which is kind of like where we're at right now.
• 56:00
  But then it got to the point of where the Gutenberg Press was
• 56:03
  developed and then the printing press was developed out of that.
• 56:06
  And when you get that when you get the printing press to where
• 56:09
  you can, In Mass produce, thoughts and ideas and spread
• 56:13
  them out, faster than has ever been capable before you really,
• 56:17
  really, really change the trajectory of the future and of.
• 56:23
  Because once people get to real like get to read competing
• 56:28
  narratives or competing opinions, or new opinions and
• 56:31
  new narratives, you spark inspiration and that leads to
• 56:35
  Innovation that leads to like behavioral changes that and
• 56:39
  That's and out of the out of the printing press you got the
• 56:42
  Renaissance because of all these like the Bible spread around you
• 56:46
  got like all sort like a and I'm going to try and quote the other
• 56:50
  books and everything that's circled because I like I'm I
• 56:53
  can't remember, I'm going to get it wrong.
• 56:54
  But when you, when you allow something like books to be mass
• 56:58
  produced, at a time when books were only capable like before,
• 57:03
  before the printing press, the only people that were allowed to
• 57:06
  read the Bible where the priests so they were the only ones there
• 57:09
  were Loud to translate or determine the word of God,
• 57:13
  right? That can be a problem because
• 57:15
  that's that's gatekeeping like that effectively.
• 57:17
  Maybe it wasn't designed to be gatekeeping, but it allows and
• 57:20
  incentivizes gatekeeping by the church.
• 57:22
  So then you get into now compare it to today, we're real work in
• 57:29
  an environment where the internet has allowed for very
• 57:32
  free thought and very instantaneous thought.
• 57:35
  That's the other thing about the first Renaissance is like, even
• 57:37
  if you can dude, you hit the Down the head.
• 57:40
  My Kate were watching the disintermediate.
• 57:42
  I've said this many times the disintermediate.
• 57:44
  So you hit it. You hit the with the printing
• 57:46
  press, right? But what we're living through
• 57:48
  right now is the disintermediation of
• 57:50
  information. Which the internet started that
• 57:53
  fire mainstream media. Yeah, exactly.
• 57:55
  So, the disintermediation of information, the powers-that-be,
• 57:58
  they're losing their Monopoly on this.
• 58:00
  And then, at the same time, there's a bit of a crossover.
• 58:03
  Also the disintermediation of money, right?
• 58:05
  And it's just creating this chaos.
• 58:08
  But at the same time, I think big It corners, and I think
• 58:10
  anybody who's, you know, taking personal responsibility to seek
• 58:14
  their information and actually to take custody of their wealth,
• 58:17
  they start to see, you know, Corey calls, it, the bright
• 58:20
  orange future. You see it like over over over
• 58:22
  the hill, you start to see this like this light just kind of
• 58:25
  shine through and you get little glimpses of it but boy, oh boy.
• 58:29
  We have to go over the hill before we get that.
• 58:31
  Anyway, speaking of going over the hill, guys, if you want to
• 58:37
  make it over the hill, With your generational wealth, you have to
• 58:41
  learn how to properly secure your Bitcoin wallet, back up
• 58:46
  seed words and there's no better place to do it then to put it on
• 58:50
  steel, don't put it on, don't put it on paper.
• 58:52
  Get yourself a bit plates. Domino they're designed to
• 58:55
  preserve Bitcoin wallet back up seed words and passphrases made
• 58:58
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• 59:02
  and it offers the ultimate protection against extremes of
• 59:06
  temperatures, get 10% off anything on B plates.
• 59:09
  Eight.com using promo code simply.
• 59:13
  Anyways, I let me go hit it. Flick it again.
• 59:17
  We are we doing bit plates ASMR like yeah, look at that steel.
• 59:23
  That's some high-grade steel anyways.
• 59:25
  Everybody, let's get to the mean review.
• 59:27
  Let's do it. The daily meme review brought to
• 59:33
  you by Kaboom racks. I get this question all the
• 59:35
  time. Nico.
• 59:36
  Where should I buy Bitcoin miners.
• 59:38
  The answer is Kaboom racks. It's the best place to buy
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• 59:55
  Kaboom Iraq. All right, guys.
• 59:58
  I want to tell you about the touching the tip ceremony that's
• 1:00:02
  going to be happening in Miami. All right.
• 1:00:04
  I know, it sounds weird, but BTC sessions and I are going to be
• 1:00:08
  coming together prior to the Bitcoin 2023 conferences.
• 1:00:11
  Going to be the same week and we're going to be coming
• 1:00:14
  together. Tuesday May 16th 1 p.m. at the
• 1:00:18
  Bitcoin Grove. It's kind of like the Bitcoin
• 1:00:20
  Park and Nashville but the Miami version It's called Bitcoin
• 1:00:24
  Grove. So anyways I'm going to read you
• 1:00:26
  some of this What's happening, Nico will have a strip of his
• 1:00:31
  hair dyed blond by the lovely mrs.
• 1:00:34
  Sessions a live, simply sessions news, show, stream giveaway and
• 1:00:38
  prizes luxury. Luscious golden lock shall
• 1:00:41
  combine and possibly create a god, candle.
• 1:00:44
  The likes of which Bitcoin has never seen before and of course,
• 1:00:47
  there's going to be a few drinks and we can enjoy each other's
• 1:00:50
  company so you definitely want to miss this.
• 1:00:52
  Get your tickets quickly. There's only there's only so
• 1:00:55
  many that are going to be available and I definitely want
• 1:00:57
  to see you. A lot of you guys in person,
• 1:00:59
  it's going to be awesome. Hashtag touch the tips.
• 1:01:02
  Hashtag be Nico or Benny. Tico Benny, Co tag many go
• 1:01:07
  anyways, Opti, what memes? What options do we have?
• 1:01:12
  I'm gonna get my hair to. I'm not no longer going to be
• 1:01:14
  long hair. Nico.
• 1:01:16
  I'm gonna I'm gonna I'm gonna have to change it up Nica.
• 1:01:20
  I'm gonna change it up for the, for the streak.
• 1:01:22
  But wait, it's freaking hair, streaked and beard.
• 1:01:25
  I think I'm gonna go with the hair.
• 1:01:27
  I think I'm going to go with the hair.
• 1:01:28
  It's a, you know, it's a passage like, you know, as a Bitcoin
• 1:01:32
  content creator. You get to a certain point where
• 1:01:35
  you're not a real Bitcoin content creator until you
• 1:01:38
  streak, a piece of your hair blond.
• 1:01:41
  Okay. And shout out to bend for
• 1:01:42
  startings, farts. Starting to Trend but all right.
• 1:01:46
  Well, when is Ozzie never dude, I had my, I had my blond, my
• 1:01:54
  blond bleach hair phase when I was alone.
• 1:01:58
  Eight years old when I used to listen to Eminem.
• 1:02:00
  It's been it's long gone because you've been there.
• 1:02:03
  Done that. Yeah.
• 1:02:04
  Been there done that. Okay.
• 1:02:05
  Yeah. We need a picture of that.
• 1:02:07
  Now we need a pain. Yeah, exactly Pika.
• 1:02:17
  I'll send you a DM. I don't know if I'm ready for
• 1:02:19
  the internet to make fun of me. I'll let you make fun of me.
• 1:02:22
  All right guys, this is the mean review.
• 1:02:24
  You already know the deal tweet to the bullets mean to the
• 1:02:26
  artillery of course. We are in an information War
• 1:02:30
  continued to spread the signal continue to get people on the
• 1:02:33
  Bitcoin standard. Continue to ridicule the
• 1:02:37
  parasite class the corporate press because they're bought and
• 1:02:40
  paid for plain and simple. Anyways, first meme is by crypto
• 1:02:45
  graffiti and I remember they did this one.
• 1:02:48
  I think it was what was it Silicon Valley Bank or Signature
• 1:02:51
  Bank? I forget when this theme started
• 1:02:53
  but we got crypto graffiti here and they go today in front of
• 1:02:56
  the First Republic. Bank headquarters.
• 1:02:59
  Shout out to Mark Goodwin for the assist.
• 1:03:01
  And you can see out here. They have the U-Haul truck and
• 1:03:04
  out in front of the First Republic Bank, we have Janet
• 1:03:08
  Yellen with the infamous, buy Bitcoin sign and on the side of
• 1:03:13
  the truck, it is be your own bank.
• 1:03:16
  I love is our me mortal. I like our I like our truck much
• 1:03:19
  better than the the skull truck. Oh yeah, way better way better.
• 1:03:23
  Our truck is 100 times. Better way better.
• 1:03:26
  Okay. And then on the theme of today's
• 1:03:27
  show. The BTC therapist on Twitter and
• 1:03:29
  he goes, the having is coming hashtag BTC and we got Homer
• 1:03:33
  Simpson over here, sleep on the couch with the house on fire.
• 1:03:37
  And it goes how big Corner sleep when the financial system is
• 1:03:39
  collapsing. Yes, this is the way guys.
• 1:03:42
  I am sure. If you have your Bitcoin in Cold
• 1:03:44
  Storage right now under keys that you control not on an
• 1:03:48
  exchange. I am sure.
• 1:03:50
  You are just in pure Zen right now just like hey it's almost
• 1:03:55
  like we told you this was gonna happen.
• 1:03:57
  It's almost Most like we knew it was going to happen.
• 1:03:59
  Anyways, this next one is by Erik Gates and you know, I try
• 1:04:02
  to avoid charts on here even though I do sneak them in here
• 1:04:06
  as much as possible on the moon review.
• 1:04:08
  Anyways, arrogate goes with the failure of First Republic Bank,
• 1:04:11
  we've hit 08 levels for bank failure.
• 1:04:13
  This is certainly a crisis hat tip to librarian views and you
• 1:04:19
  can see here is a chart. Here it goes.
• 1:04:22
  The three banks that failed this year.
• 1:04:23
  We're bigger than 25 that crumbled in 2008 US bank
• 1:04:27
  failures and eat, Here adjusted for inflation and you can see an
• 1:04:30
  07. It was what 500 billion.
• 1:04:34
  And now currently this year so far, we are.
• 1:04:39
  If you can see that we are above the number of bank failures in
• 1:04:43
  2008. So as much as a corporate press,
• 1:04:46
  as much as the government would like to tell you that we are not
• 1:04:49
  enough financial crisis away. What they say, the banking
• 1:04:52
  system is fine. Guys, based on the numbers, it
• 1:04:55
  is absolutely not fine. And I think it's something that
• 1:04:59
  Mike said referencing Odell's tweet or Nest on Noster,
• 1:05:04
  whatever post on the roster guys.
• 1:05:07
  I think this is just the beginning of what we are going
• 1:05:10
  to see happen you know going out the rest of the year and
• 1:05:13
  possibly next year. So hey, who knows what's going
• 1:05:16
  to happen? But it's not looking good out
• 1:05:18
  there for four main street. Anyways, this next meme again is
• 1:05:22
  a chart because it tells a compelling story and we have
• 1:05:26
  this one is by large supporting us The most compelling argument
• 1:05:29
  by return a crow up to Mecca. Guy, mackeral mackeral argument
• 1:05:36
  for return to sound money and I've shown you this chart before
• 1:05:38
  a lot, but I think it makes our point today considering
• 1:05:42
  everything that's happened in the world bank's blowing up and
• 1:05:44
  all that good stuff. The most compelling argument for
• 1:05:46
  return to sound money, note the magnitude of the swings pre and
• 1:05:49
  post 1913. When the Fed was created, they
• 1:05:52
  are driving a clown car, and you can see here the line right here
• 1:05:55
  1913, you can see A a very you know very tight tight Trend up
• 1:06:01
  here of volatility before 1913 on the gold standard era.
• 1:06:06
  And then look at the wild swing since 1913, as Lawrence said you
• 1:06:11
  know, they are driving a clown car and it's only a matter of
• 1:06:14
  time until you know we get wrecked out here.
• 1:06:16
  So I hope you have Bitcoin in Cold Storage.
• 1:06:18
  I hope you are on the Bitcoin standard anyways.
• 1:06:21
  The next Name Is by Maxis club and it goes 382 00.
• 1:06:28
  If you are in Bitcoins and anyways, we got a Pepe Bitcoin
• 1:06:31
  over here, it goes, meditation is easy, just sit, relax and
• 1:06:34
  follow the voice in your head and the voice in your head is
• 1:06:37
  saying buy more Bitcoin anyways. This next meme is by Kim gauge.
• 1:06:42
  He's been, he's been tagging me a lot on Twitter so I'm adding
• 1:06:46
  you on him. Just goes hashtag Bitcoin and we
• 1:06:48
  got this frog just chilling. He goes while the FED tries to
• 1:06:51
  screw everyone with their cvtc. I'll be quietly, stacking
• 1:06:54
  Bitcoin or like everyone of us loudly stacking Bitcoin And
• 1:06:58
  telling everyone they should be stacking Bitcoin.
• 1:07:00
  And this last name is by RT B TC and I don't remember, I think
• 1:07:04
  this might be an old one that we are rehashing here.
• 1:07:07
  But again, the message stays the same.
• 1:07:10
  This is an evergreen tweet over here to go, straight to the
• 1:07:13
  Fudd, folders, whenever the lamestream media needs to write
• 1:07:15
  an article about Bitcoin and they just look in their folder.
• 1:07:19
  And what do they pull out the same Fudd lines.
• 1:07:21
  Ted their fudge low transaction. Bowling the ocean only used by
• 1:07:24
  criminals governments will Bennett quantum computers to
• 1:07:27
  tell you. So is coins.
• 1:07:29
  It's a waste of energy and it doesn't scale.
• 1:07:31
  These are tried and trued Fudd lines that I am pretty sure have
• 1:07:35
  not died yet and it's only a matter of time until they roll
• 1:07:38
  out the next version anyways, drop your mean review score in
• 1:07:41
  the chat as we cover them live. And hold on.
• 1:07:44
  You got any good because I need to grab mine off the floor.
• 1:07:46
  All right. Mike you go, you go first.
• 1:07:48
  What's your name? What's your mean score?
• 1:07:50
  My mean score, is this dope stealth Bitcoin hat from pink?
• 1:07:55
  White hat. Guy on Twitter.
• 1:07:56
  Oh, I love it. Like that.
• 1:07:58
  All right I think I'll Hold On. Let's Go full screen on this one
• 1:08:00
  since I'm getting trolled in here by.
• 1:08:03
  What's my friends named Big Mac opt?
• 1:08:06
  He's Big Mac, coin wallet. Here is the styrofoam delivery
• 1:08:12
  case, that that by K and C cattle comes in.
• 1:08:16
  You know, my Meats comes in, it's still in my living room, so
• 1:08:20
  yeah, not the aunties reading opt he's eating, right?
• 1:08:23
  That is that shot fired? That's on right, that's the
• 1:08:26
  right way to eat. My mean score.
• 1:08:29
  Yeah, just remember it just to remind everybody who were up
• 1:08:33
  against, you know, this is not left versus right.
• 1:08:35
  This is not a liberal versus conservative.
• 1:08:38
  This is the party of orange, and against the party of green, the
• 1:08:43
  party of slavery, the party of Central Bank, digital
• 1:08:46
  currencies, and we all have different descriptions for them.
• 1:08:50
  You know, Opti calls them. What do you call?
• 1:08:52
  High-level parasites, you know, Marty Bank calls them, the
• 1:08:56
  unproductive class and Nico calls them, the monetary demon.
• 1:09:00
  So, in honor of that, this is my score.
• 1:09:02
  Just like the Bible says, it's basically an Intergalactic
• 1:09:05
  Invasion into this space through people.
• 1:09:08
  I'm telling you, that's what all the Ancients said, it's what
• 1:09:10
  they warned of, it's what we're dealing with.
• 1:09:12
  They're demons. All right.
• 1:09:14
  That's my score anyways. Everybody, please put your score
• 1:09:17
  in the live chat, but we will get to it.
• 1:09:19
  I want to give a very special shout-out to our clothing.
• 1:09:22
  Sponsor opting. I wear the merch every single
• 1:09:24
  day, Mike was wearing the merch in the beginning.
• 1:09:27
  Its Simply Bitcoin merge opt he's wearing the simply Bitcoin
• 1:09:30
  hat. There's more available, by the
• 1:09:31
  way, I'm wearing the classic black represent, hoodie check
• 1:09:35
  out all their stuff. Simply Bitcoin merge drop will
• 1:09:38
  be coming out soon. Check out representing t.com and
• 1:09:40
  you can use promo code simply Dash Bitcoin, get yourself a 10%
• 1:09:44
  discount, anything on the store anyways Opti before we move on
• 1:09:48
  cue, the epic music. All right, first score by j-dub
• 1:09:56
  the Laker 21 mmm review and Aloha from Kauai Kauai Hawaii on
• 1:10:02
  vacay but woke up early to watch simply Bitcoin baby.
• 1:10:05
  Oh man. Thanks bro.
• 1:10:06
  Go appreciate it. Be aware and focus as I give
• 1:10:09
  those memes one and one Rusty card autograph on block. 787 787
• 1:10:15
  very nice, very nice Elaine score, Nico dies, blonde streak,
• 1:10:20
  Orange. We're not there yet, but we're
• 1:10:23
  not there yet. Maybe in like, maybe in like, to
• 1:10:26
  having's from now. It just starts to become orange
• 1:10:28
  on itself. By itself opt he's big, Big Mac,
• 1:10:32
  coin, wallet, maxed out score, Mike Hobart, would you rather
• 1:10:35
  eat Big Macs all day or grass-fed beef all day?
• 1:10:38
  I mean, grass-fed beef, obviously, that's an obvious
• 1:10:41
  question, brother. That's not even a question.
• 1:10:43
  The p, man. Van I give these memes a vintage
• 1:10:46
  shirt unit died model 55s, microphone wolf, Wolf, you know,
• 1:10:51
  you know, you know, satellite is jencks, I give the means 99% of
• 1:10:55
  all Bitcoin will be mined by 2030.
• 1:10:58
  I love that. All right, next one, Andres, 30
• 1:11:02
  squats, 50, deadlifts 100 burpees 100, Pull-Ups for the
• 1:11:06
  memes. Well, that's one, that one's for
• 1:11:08
  you. That's that's for you, Mike.
• 1:11:10
  And then we got the buzzer also guys check out an honor of Mike
• 1:11:15
  being here. Check out Simply Bitcoin the
• 1:11:20
  written Version of this show, you got to go to
• 1:11:23
  www.simpleandsensational.com and you can check out all our
• 1:11:27
  awesome, right? All are some work, Mike of which
• 1:11:31
  rights for us it's incredible. Love your stuff, it's absolutely
• 1:11:34
  epic. Could also help us stay on the
• 1:11:36
  air, you can subscribe to us. Everything we do is free but if
• 1:11:39
  you feel so inclined it does help us out.
• 1:11:42
  You can subscribe to our sub stack.
• 1:11:44
  Anyways, Mike, thank you so much for joining us today.
• 1:11:46
  We really appreciate it. It's an honor dude, that you're
• 1:11:49
  on our team that you're on our side.
• 1:11:51
  I'd happy that you're on our side.
• 1:11:52
  Happy that you're not on the party of green.
• 1:11:54
  Anyways. Why don't you tell everybody
• 1:11:56
  where they could find you on the interwebs?
• 1:11:59
  Oh yeah, man. First of all say I love you guys
• 1:12:01
  so I got that's why I work with you guys is like I enjoy hanging
• 1:12:04
  out with you. Enjoy working with you so but if
• 1:12:07
  you guys want to follow me on Twitter, it's down in the bottom
• 1:12:10
  left at the mic Hobart, and then my sub stack is just hear me
• 1:12:16
  out. So just hear me out dot
• 1:12:18
  subset.com. Other than that, That's really
• 1:12:21
  all that's those are the only two spots that I'm active.
• 1:12:23
  So if you have any questions, you want to reach out.
• 1:12:26
  Just shoot me a DM on Twitter and I'll, I'll respond to the
• 1:12:28
  ones that aren't disrespectful. Right.
• 1:12:33
  I liked it. I liked how you preface that.
• 1:12:34
  No anyways, everybody. Mike, thank you so much for
• 1:12:37
  joining us today guys. If you enjoyed the show, you
• 1:12:40
  know what to do? Smash that like button.
• 1:12:41
  Consider subscribing. If you feel like, we provided
• 1:12:43
  you Valley, but the number one thing that you could do to help
• 1:12:46
  push to, I just smashed the mic. I apologize.
• 1:12:50
  Remember one thing. Do to help push the peaceful
• 1:12:52
  Revolution. Forward is share all Bitcoin
• 1:12:54
  content. Of course you can do, you can
• 1:12:57
  share our Channel but just share all Bitcoin content.
• 1:13:00
  That's how you push this forward.
• 1:13:02
  We're breaking through the Bitcoin Echo chamber today.
• 1:13:04
  I think you know Tim finally came to the realization over
• 1:13:07
  over a couple of episodes he's like, wow, I should have
• 1:13:10
  listened to Mike and now he's gotten to the point where banks
• 1:13:12
  are collapsing. I'm buying Bitcoins F dot.
• 1:13:15
  That's where we are in the movie.
• 1:13:17
  But anyways, we love you all. Thank you all for tuning in if
• 1:13:20
  you want to hang Hang out in the after party.
• 1:13:22
  We are hosting a spaces with our friends.
• 1:13:24
  Over at Swan Bitcoin.com best place to build your Bitcoin
• 1:13:27
  stack. Shout out to the best producer
• 1:13:29
  in the game producer, Jacob. And we're holding it down till 2
• 1:13:32
  p.m. Eastern Standard Time, so about
• 1:13:34
  30 minutes. Alright guys, I'll see you
• 1:13:37
  tomorrow for another episode of Simply Bitcoin live.
• 1:13:51
  What's up guys? As I told you yesterday, we are
• 1:13:55
  going to kind of continue the conversation that we had
• 1:13:57
  yesterday. As you guys know, we had our
• 1:14:00
  close friend, Mike Hulbert on the show today.
• 1:14:02
  So he is already in the spaces and I am sure.
• 1:14:06
  We are just going to double and triple down on everything we
• 1:14:09
  said on the show today, as well as yesterday.
• 1:14:12
  So, of course, you already know the deal.
• 1:14:15
  This is a Bitcoin Space by bitcoiners for bitcoiners, so do
• 1:14:18
  not be shy. If you want some health advice
• 1:14:21
  from Mike, some Fitness advice for Mike come up here.
• 1:14:24
  Ask some questions. We're going to continue.