Latest / Simply Bitcoin / Edward Snowden PREDICTS a Nation Adopts Bitcoin in 2024 | EP 937
Transcript
- 0:03It's all going to zero against Bitcoin.
- 0:07It's going up. Forever.
- 0:16You're against Bitcoin. You're against freedom.
- 0:23Yo, good morning everybody. Welcome to Simply Bitcoin, the
- 0:27number one daily live Bitcoin show on YouTube, Twitter,
- 0:30Rumble. And we are on Twitch, but
- 0:32there's only one guy that ever shows up on Twitch.
- 0:34But anyway, we cover breaking news, culture and memetic
- 0:37warfare. And I bring on bit corners from
- 0:39all around the world, from the biggest names to the everyday
- 0:42bitcoiner and we will be your guide through the separation of
- 0:46money and state. And we're seeing exactly that
- 0:50happen on the Twitter verse. The world is waking up to the
- 0:55very idea of separating money in state, and you just love to see
- 0:58it as a big corner. We're on the front lines.
- 1:00We've been covering this for a long time, we've been seeing the
- 1:03writing on the wall, and now everyone is waking up to the
- 1:07idea that maybe you want to get a money that isn't controlled by
- 1:12a small cabal of government officials and bankers.
- 1:16And on that note, as you guys can tell from today's title,
- 1:19Edward Snowden predicts that a nation state will mobile.
- 1:24They've been stacking Bitcoin in 2024 and we're going to explain
- 1:28why they're going to do that. You know, we're we're going to
- 1:30cover the fact that Bitcoin is nuking every Fiat currency in
- 1:35the world. TLDR, Fiat currencies around the
- 1:37world are getting decimated by Bitcoin and you guys are on the
- 1:41front lines. And if you want to protect
- 1:43yourself, if you want to protect your purchasing power, then the
- 1:46answer is simply Bitcoin Plus on the numbers today guys, we got
- 1:51another reverse Kramer indicator.
- 1:53You just love to see it shouts out the Jim Cramer.
- 1:55He just continues to double down on his anti Bitcoin stance,
- 2:00which means guys, we are not even close to topping yet.
- 2:04The price is about to go nuclear, especially when you get
- 2:08the inverse Jim Cramer, because, hey, he's like 100% strike rate
- 2:13on every call he's ever made. If you just do the opposite, you
- 2:17should probably be in the green. So keep it up, Jim.
- 2:20Really, really appreciate it. We're like, really, truly, from
- 2:23the bottom of my heart, keep talking bad about Bitcoin
- 2:25because that just means there's so much room to run in Bitcoin.
- 2:29And of course, I'm not alone today.
- 2:32We are switching it up a little bit.
- 2:34Nico's at Madera. He's at the Bitcoin Atlantis
- 2:36conference right now. I talked to him this morning.
- 2:39He's still in the airport. He's probably on his flight
- 2:40right now, but we've got a special guest for you guys
- 2:44today. Actually, a special Co host for
- 2:46you guys. Today.
- 2:47We are bringing on our zoomer intern for social media, Bryson.
- 2:52So we got a Zoomer take on today's show.
- 2:55We're throwing him to the wolves, guys.
- 2:57So be, you know, be kind of nice to him, but you guys could
- 2:59savage him. It's all good.
- 3:00Anyways, Bryson, thank you so much for coming today.
- 3:03And I'm super hyped. I get a Zoomer's take on not
- 3:06only today's show, but helping us on the back end.
- 3:10You guys are digitally native and man, it's just so beautiful
- 3:13to see the younger generation understand why is why they need
- 3:17Bitcoin. Even if you are a broke college
- 3:19student, at least you understand what the problem is.
- 3:22But before I bring it on the guest Bryson, let's tell me that
- 3:25story you just told me about how your dad or your step dad or
- 3:29girlfriend's dad watched this and then he hipped you to simply
- 3:33and here you are, bro. Yeah, so, so my girlfriend's dad
- 3:36started talking about Bitcoin like nine months ago.
- 3:38And initially I kind of brushed him off.
- 3:39I was like, I don't know, this guy doesn't know what he's
- 3:41talking about. But but after seeing some
- 3:43things, I was like, wow, you know, I don't know how I'm
- 3:45supposed to graduate college, get a decent job and have a good
- 3:47life for me and my family. And and Bitcoin was kind of just
- 3:50a flashing bulbs, you know, Bitcoin is hope, right?
- 3:53So he he introduced him to simply.
- 3:56I went over to our house. He had your guys's live stream
- 3:58up and I was like, holy crap, I like these guys.
- 4:01Watch your content. I hit up Nico.
- 4:02I said, hey, do you guys have an internship position?
- 4:04So if he's watching he's he's probably losing his losing his
- 4:07mind right now seeing me on here.
- 4:09So I'm excited. I'm just excited to be here.
- 4:12Let's go. Well, shouts out to the
- 4:14girlfriend's dad. You know, not to dox him or
- 4:18anything, but man, shouts out to you.
- 4:20You're the real MVP. Super hyped that you know we can
- 4:24hit all generations here on simply Bitcoin that we provide
- 4:27the signal and the entertainment for literally everyone.
- 4:30Ah man, that just felt good. Thank you thank you.
- 4:33Thank you to Bryson's girlfriend's dad, the real MVP
- 4:36here and shouts out to Bryson. You know, apparently you're
- 4:39getting you're getting you're getting savaged in the chat.
- 4:43So welcome to the fire. Anyways.
- 4:47Anyways, we're not alone. We got a guest today, shouts out
- 4:49to my boy Andres, AKA at Sun of SAT on Twitter.
- 4:53And yeah, we're gonna talk about his new project that he's
- 4:56working on, Viva Bitcoin. So Andres, good to have you
- 4:59here. Maybe you wanna hit on the
- 5:01transition flip mirror your camera so they can see the
- 5:03shirt. But anyways, under this TLDR
- 5:05what is Viva Bitcoin? What are you working on, bro?
- 5:08So hey, thank you for having me. Nice to meet you, Zoomer intern.
- 5:13So yeah, so, so the Bitcoin is something that was born out of a
- 5:19just someone very special that I met at Pacific Bitcoin 2022.
- 5:25Then on 2023 we met again. His name's Tony and he had this
- 5:29idea of pairing up Hispanic, Latino, bitcoiners here in the
- 5:33US that are bilingual. And the idea of doing Bitcoin is
- 5:36sort of like bringing everybody together in that space and sort
- 5:41of like amplifying the voice and and sort of like reaching out to
- 5:45all the Hispanics and Spanish speaking people here in the US
- 5:49and Orange filling them. Like teaching them about
- 5:51Bitcoin, what it is, why we need it and why Latin America and
- 5:55also why Bitcoin needs Latin America for for you know for the
- 6:02the growth of adoption. So that's a little bit about it.
- 6:05We can get more into the weeds later and what we're doing, what
- 6:08we're sponsoring, what sort of like conferences we're hitting
- 6:13this year and the group is growing.
- 6:16So it's a very exciting, it's a very exciting group.
- 6:20Love it, love it. Well, I'm excited for the
- 6:22today's conversation. You know, again we're we're all
- 6:25Latinos here at simply Bitcoin. Well, at least Nico and I, even
- 6:28though I know you guys think my accent and you know my
- 6:31complexion, you might not remember that you know we're
- 6:34Latinos here, man. Anyways, let's get into the
- 6:36show. We got a lot to talk about.
- 6:38But before I do that, go check out bitcoinwell.com.
- 6:43Go Sign up today. If you Sign up today and I
- 6:47believe tomorrow you are in the running to win a free passport
- 6:51so go to bitcoinwell.com/app/rewards Dash
- 6:55point. bitcoinwell.com is the self custody by default Bitcoin
- 6:59platform on a mission to enable independence.
- 7:03They are also a publicly traded company and have the ticker BTC
- 7:08W period B. They just expanded to America.
- 7:12They're Canadian and man. The best part about them guys is
- 7:15they want your free feedback. They want you guys to give them
- 7:19feedback, Make sure they make the best Bitcoin self custody
- 7:24platform possible. So savage them in the chat, DM,
- 7:28Adam, the CEO, hit Bitcoin well and get in touch with them.
- 7:32Let them know your pain points and they will fix them.
- 7:35Anyways, guys, let's get into the show.
- 7:39The Bitcoin numbers. Is your Bitcoin in cold storage
- 7:42really secure? Is your seed phrase really
- 7:45secure? Stamp seeds?
- 7:47Do it yourself. Kit has everything you need to
- 7:50hammer your seed words into commercial grade titanium plates
- 7:54instead of just writing them on paper.
- 7:56Don't store your generational wealth on paper.
- 8:00Papers prone to water damage, fire damage.
- 8:03You want to put your generational wealth on one of
- 8:05the strongest metals on planet earth, Titanium.
- 8:08Your words are actually stamped into this metal plate with this
- 8:11hammer and these letter stamps. And once your words are in, they
- 8:15aren't going anywhere. No risk of the plate breaking
- 8:18apart and pieces falling everywhere.
- 8:20Titanium stamp seeds will survive nearly triple the heat
- 8:23produced by a house fire. They're also crush proof,
- 8:26waterproof, non corrosive, and time proof.
- 8:29All things that paper is not allowing you to huddle your
- 8:31Bitcoin with Peace of Mind for the long haul.
- 8:34Stamp your seed on stamp seed. Of course guys, we made it easy
- 8:39for you guys. Go scan the QR code.
- 8:42I know everyone yells at us like, how do I scan the QR code
- 8:45when I'm on my phone? You know, scan the QR code,
- 8:48watch it on YouTube, put it on your television and scan the QR
- 8:51code and they'll take you right to the website.
- 8:54Make sure you are not, I repeat, you are not keeping your private
- 8:59seed phrase on a piece of paper in your sock drawer.
- 9:02We all know you guys are doing it anyways.
- 9:03Anyways, let's get to the numbers.
- 9:05We are over here on Clark Moody's dashboard.
- 9:07In my opinion, just the OG dashboard.
- 9:09There's a lot of good dashboards, so shouts out to
- 9:11everyone making dashboards. But get into the numbers.
- 9:15I think the most important number here I say it all the
- 9:18time is the block height. TikTok next block.
- 9:20It's almost like Bitcoin works exactly as designed.
- 9:23It's almost like every 10 minutes as a heartbeat that
- 9:26audits the Bitcoin network and shows you it's still running.
- 9:29And look at this, we're at block height of 832,560 and the
- 9:34Bitcoin price is currently 61,690.
- 9:38I repeat 61,606. Eighty they didn't want me to
- 9:42repeat it. Anyway.
- 9:43The stats per dollar, AKA how much Bitcoin you can buy for a
- 9:47single dollar, AKA how much Bitcoin is worth in dollar terms
- 9:52or how much your dollar is worth in Bitcoin terms.
- 9:54It's currently at 1622 man. We're getting closer to that 1K
- 9:59SAT per dollar man. Bitcoin, Bitcoin, man.
- 10:04Our dollar's not going as far as it used to it.
- 10:07We're getting absolutely wrecked out here anyways.
- 10:09The total percentage of Bitcoin that will ever be issued is
- 10:12currently at 93.52%. The market cap in Fiat terms is
- 10:17$1.21 trillion. We're inching closer to the
- 10:21silver market cap, guys. I think silver is at like 1.27
- 10:25or 1.23. I forget.
- 10:26So we're we're coming for silver guys.
- 10:29We are coming for silver. Demonetizing all of the precious
- 10:33metals. You'd just love to see it
- 10:34anyways. The realized monetary inflation
- 10:36taking field currencies of school is 1.74% and that's going
- 10:40to, you know, it's going to go up very quickly roughly in
- 10:43April. The Bitcoin versus gold market
- 10:45cap, still so much room to run in the hard money gang.
- 10:49We're inching closer to 10% of the gold market cap.
- 10:52We are currently at 8.76%. The total public lightning
- 10:56capacity is 4423.34 BTC. The hash rate the last 90 days
- 11:02is roughly around 533 point 3X hashes and the pending fees wow
- 11:0812.61 BTC. It's looking like it's looking
- 11:12like people are trying to transact on chain.
- 11:15I wonder what's going on and the blocks to having is 7440 with
- 11:21the having estimate roughly April 20th 2024.
- 11:25Let's let's hope life is memes and memes is life anyways of
- 11:28course before we go on we got a spot Bitcoin ETF update.
- 11:32So you can see man they are hoovering up so much Bitcoin and
- 11:36I got a new metric here for you guys so let's just cover some of
- 11:38this. You know grayscale there people
- 11:40are leaving grayscale there hold they still hold up the bulk of
- 11:43the Bitcoin at 441,815 Bitcoin. But the Bitcoin BlackRock ETF is
- 11:51manned. It is starting to pull away it's
- 11:55at 151,536 Bitcoin and the fidelity it's keeping up you
- 12:00know 100 and 3407 Bitcoin and they're just head and shoulders
- 12:05above everything else. You know RX at 33,000 purpose
- 12:09Bitcoin ETFs at 29,000 bitwise ETF is at 24,000.
- 12:14So you know, it's looking like we're seeing some of some
- 12:16winners in the spot Bitcoin ETF market.
- 12:19But the update I wanted to tell you guys today is we saw record
- 12:24Bitcoin ETF flows yesterday. So 600 and wait, $673 million of
- 12:31inflows and a total trading volume of $7.7 billion,
- 12:37absolutely incredible. And guys, I highly recommend you
- 12:39go watch the IRL that Nico did last night with Alex Thorne.
- 12:43He really broke down the numbers and really explained that maybe
- 12:47this time is different because the spot Bitcoin ETF is opening
- 12:51Bitcoin up to a whole new market.
- 12:53And you already know liquidity begets liquidity.
- 12:56The more liquidity Bitcoin gets, the bigger number can go up.
- 13:01And it's just beautiful to be a part of.
- 13:02And here we are. We're the frontline soldiers.
- 13:04What's the what's the meme you guys created?
- 13:06We front ran Wall Street. We front ran everyone.
- 13:09And it's just beautiful to be a part of.
- 13:11All right guys, let's get into the numbers today.
- 13:13I actually mashed a few clips together for you guys.
- 13:16So I'm starting off with this jumping off point.
- 13:19Neil Jacobs on Twitter, tweeted Jim Cramer.
- 13:22You know this video made the rounds on Twitter last night.
- 13:24Jim Cramer, what's Bitcoin ever done for humanity?
- 13:27And you can just tell the pain he's missing out, he's following
- 13:30into it and you can just tell it.
- 13:32He's doing the best to cover for.
- 13:34I don't know who it is, but you know, Reverse Kramer indicator
- 13:38activated again. You just love to see it.
- 13:41And for for you guys on on the stream, so I clipped together a
- 13:45few clips. We had Joe Kern yesterday
- 13:48talking about Bitcoin and I just it's a theme here.
- 13:52I want to kind of continue to elaborate on the idea that
- 13:57popular culture, I won't even say popular corporate press is
- 14:00going to be constantly talking about Bitcoin.
- 14:03And let's just juxtapose the difference between Jim Cramer
- 14:07and Joe Kern, they're both on, you know, corporate press.
- 14:11One's anti Bitcoin, one's pro Bitcoin.
- 14:14And you know, let let me just play this because you know, Jim
- 14:17Cramer asked the question, what has Bitcoin done for humanity?
- 14:21And I would say Joe Kern just kind of shuts it down and then
- 14:25we'll talk about this, check this out.
- 14:27It's under performance. OK, OK.
- 14:30It's depressing. I, I I don't want to.
- 14:31What has Bitcoin ever done for mankind?
- 14:33Do you ever? Are you ever Bitcoin?
- 14:34A Bitcoin phone watching? Come here.
- 14:37I need you and Melissa. Well, coming up.
- 14:41You know, I don't care. Is apparently in.
- 14:44Which goes to the idea of is this a store of value?
- 14:48I don't think it does. Is it speculation?
- 14:50I don't think, no, I don't think that does I.
- 14:54If you have something that's the best performing asset over 510
- 14:57and 15 year periods, it's a store value.
- 15:00I'm ready to say that. I'm ready to give it the.
- 15:03On the record. What has Bitcoin done for
- 15:07humanity? I don't know.
- 15:08Jim Cramer. Maybe it's protecting us all
- 15:11from the chaos of clown world Fiat life.
- 15:15I don't know. It's the best performing asset
- 15:17for the last 15 years. Best performing asset in the
- 15:20last five to 10 years. What has it done, Jim Cramer?
- 15:24I don't know. It's increased our purchasing
- 15:26power while all these politicians and central bankers
- 15:28have decimated our purchasing power.
- 15:30Sounds like it's doing something good for humanity.
- 15:33Plus let's not even get into all of the intricacies here of
- 15:38Bitcoin helping people that are being prosecuted escape their
- 15:41countries and you know maybe just improve the Fiat network in
- 15:46general by 10X. It is superior money technology.
- 15:50Jim Cramer. But hey, you know I I have a
- 15:54kind of a a special place in my heart for Jim Cramer because
- 15:56without his ridiculous takes, I probably wouldn't be a
- 16:00bitcoiner. I I've told this story before,
- 16:02but before I was a bitcoiner and it is sort of Gruffalo on 2016,
- 16:06I asked my friend, hey man, you have some stocks.
- 16:10How do you trade stocks? And no joke guys, he sat me down
- 16:15to watch Jim Cramer's hard money show.
- 16:17And at the time I was like, oh, maybe this guy knows what he's
- 16:20talking about, you know, maybe I stole the horn from him.
- 16:22I don't know. Anyways, in hindsight, you know,
- 16:25seven years later, anytime I see Jim Cramer, I always think of my
- 16:29friend who loved Jim Cramer. And I'm like, man, I really hope
- 16:32he doesn't take Jim Cramers words on these calls because it
- 16:37really does feel like Jim Cramer is, I don't know, like a signal
- 16:42for people that know what's going on.
- 16:44Like I'm sure I this is me speculating but it feels like he
- 16:47gives bad calls on purpose. Like I don't think he's dumb.
- 16:50I, I, I, you know he's he's good at his job.
- 16:53But like it feels like if you're in the know then you know that
- 16:58when Jim Jim Cramer says something good about a coin or a
- 17:02stock or an investment you do the exact opposite.
- 17:06And then there's people out there, the average citizen, the
- 17:08retail that that believes in what he's saying and they just
- 17:11get absolutely devastated. The The inverse Kramer fund, I
- 17:15think there there is one out there.
- 17:16You know the inverse Cramer tracker, it's in the green.
- 17:20It's like the best thing ever If if you literally just do the
- 17:24opposite of what Jim Cramer says I am, you're going to make,
- 17:26you're going to be making money. Oh man.
- 17:29Like Jim Cramer, bless your heart and and you know keep
- 17:32talking about about Bitcoin. I want this reverse Cramer
- 17:35indicator to continue to go up. So hey, here we are guys.
- 17:39If you thought we were topping out right now, I think we still
- 17:42have a long way to run. Today is going to be the close
- 17:47of the February month candle and it's going to be unless
- 17:50something crazy happened by the end of the day.
- 17:52It's going to be all time high monthly close on Bitcoin and
- 17:58we're still what, 7400 plus blocks out from the halving.
- 18:03This has never happened before in the history of Bitcoin.
- 18:06It really does feel like this time is different.
- 18:08It seems like this year might be nuclear when it comes to Bitcoin
- 18:12price and you just need to stack.
- 18:15Make sure you're constantly stacking.
- 18:16Make sure you're taking your Bitcoin off exchanges.
- 18:20As you guys saw yesterday, we all know what's going to happen.
- 18:22Some of these exchanges are going to go down.
- 18:24They've had years to prepare. So you do not want to get one
- 18:27caught on the sidelines and two, get caught in another debacle
- 18:31where these exchange go down, take your Bitcoin into custody.
- 18:34This is the way. Anyways, let's go to Andres
- 18:37because oh, look at this zoomer on the chat under this.
- 18:41What's your thoughts on Jim Cramer?
- 18:43And then and then maybe let's talk about not even say Joe Kern
- 18:47is everyone's favorite Bitcoin podcaster.
- 18:49He might. He'd have like one of the
- 18:50biggest audience and he's just, he officially on record said
- 18:53Bitcoin is the best store value. Period.
- 18:57This is the way man shouts at the Joe Kern.
- 18:59All right. Andres, what's your thoughts on
- 19:00all this? OK, so Jim Cramer.
- 19:03Jim Cramer is just a meme that just keeps writing itself,
- 19:06right? Like he's he's I think I think
- 19:08the only outperforming Wall Street or or or or like person
- 19:13that's in the in the limelight that that's outperformed Kramer
- 19:16is Nancy Pelosi with their inside trader trading.
- 19:20So yeah so it's it's it's two are like head to head right.
- 19:25Who who's the best sort of like who makes the best calls for the
- 19:30market And as far as like what has Bitcoin don't done for
- 19:34humanity like it hasn't happened yet but separation of money and
- 19:38state. I mean Kramer come on dude
- 19:42that's that's just a a no brainer right.
- 19:44And so yeah I mean like I all these pundits man.
- 19:48Like I, I, I honestly don't listen to mainstream news
- 19:51anymore. I'm I'm deep in the rabbit hole.
- 19:53I do catch some glimpses of of like what they say.
- 19:57I'm mostly listening to the you know the news about like
- 20:00Buchelli the news about Malay. So all these pundits in the USI
- 20:05kind of just, like, don't listen because I I kind of get
- 20:06nauseous. A little bit.
- 20:08And and as an old kind of like bitcoiner, it feels like just a
- 20:13waste of time, right? Like I'd rather read something
- 20:15different, a different perspective.
- 20:17Learn about things that are happening in in in in Latin
- 20:20America and Africa. Things that are like more
- 20:22positive. But I know, I know people like
- 20:25to you know, like fall into these debates and and definitely
- 20:29they're interesting. But yeah, Jim Cramer meme that
- 20:32keeps writing himself. It's just hilarious.
- 20:35Love it. Love it.
- 20:36Yeah. And guys, my, my fault is Joe
- 20:39Kernan. Joe Kernan.
- 20:40For some reason I keep thinking Joe Kernan.
- 20:42But Joe Kernan, the best Bitcoin podcaster in this space, shouts
- 20:45out to him. And and this really goes to what
- 20:48the theme I've been talking about a lot on the show is.
- 20:50You know, I know a lot of us bitcoiners are very
- 20:54individualistic. You know?
- 20:55We have the meme and Bitcoin. Kill your heroes.
- 20:58But we saw in the last year and we're going to see it happening
- 21:01this year even even stronger. I think having people in quote
- 21:06UN quote positions that people trust them start to talk about
- 21:10Bitcoin and this is good for Bitcoin.
- 21:12I know no one individual controls Bitcoin.
- 21:15No one individual we should be looking at for our Bitcoin
- 21:18takes. You know DYOR, do your own
- 21:20research, understand why you hold Bitcoin.
- 21:23But Joe Kernan out here just doing Satoshi's work on CNBC on
- 21:28lock box, just pushing that signal.
- 21:29The orange Bitcoin signal is going worldwide.
- 21:33We have crossed the Rubicon of popular consciousness and it's
- 21:36only going to increase. It's it's such a great time to
- 21:39be a Bitcoin. Anyways, Bryson, what's the
- 21:41zoomer take on this? What's your thoughts on all
- 21:43this? Well, like Jim Cramer, I mean,
- 21:46like, I don't know how you can be such a pessimist, especially
- 21:48like mainstream media because it's like, you know, I talked to
- 21:51my parents about this and I'm, like, trying to figure out, you
- 21:53know, life. And I'm saying, well, well, how
- 21:55am I supposed to make sense of all of these things if you're
- 21:57just going to be a pessimist and say, hey, well, yeah, obviously
- 22:00Fiat's going to 0, right? But if you're not willing to
- 22:03look into alternatives, what, what?
- 22:05What is the next generation supposed to do?
- 22:07Right. And so.
- 22:08So it doesn't make sense for people like Kramer to be, you
- 22:11know, pessimists. I think you need to be a
- 22:12realist. And being a realist will lead
- 22:15you down the Bitcoin rabbit hole.
- 22:17Right. And so I think that's where you
- 22:20know people, parents especially and just start paying attention
- 22:22for for their kids sake. Right.
- 22:24Because like my parents are in their early 50s, right.
- 22:27If Bitcoin takes another ten, 20-30 years to see wide, wide
- 22:30scale adoption, right, they they might not need it, right.
- 22:32But but if you don't have parents who are not educated as
- 22:36a young person, right, you're going to find yourself in a very
- 22:38sticky situation when Bitcoin adoption becomes a lot more
- 22:41widespread, right. And it's like people need hand
- 22:43holding, right. So I mean it's like I thought
- 22:45the wake up call was gonna be when BlackRock, you know,
- 22:48created their I bit bitcoins trust but but clearly it hasn't,
- 22:52right. And so I'm sitting here and I'm
- 22:53like do you really need, you know, Larry thing to get on the
- 22:56phone call you up and say hey you need a 1% allocation right
- 22:59before you buy And I'm like well what?
- 23:00Well, if you know that's that phone call is coming in a couple
- 23:03months, doesn't it make sense to still front one, front one Wall
- 23:07Street 10 extent today, right, because you're going to see much
- 23:10better returns in in the next 18 months?
- 23:14Yeah, 100% and and to your point, we're seeing and I I
- 23:17don't know if you guys saw this on Twitter, but I'm, I'm seeing
- 23:20a lot more post of us bitcoiners talking you know to to our
- 23:23normie friends and family or you know like people they associate
- 23:27with. And we're all like the Bitcoin
- 23:29people in our lives. And now that this ETF got
- 23:32dropped, now that, you know Larry Fink and that the adults
- 23:35are here, you're seeing that people are actually like, oh
- 23:39wow, there's a spot Bitcoin. Maybe I need to get some.
- 23:42Like, I I saw a lot of people yesterday on Twitter basically
- 23:45say that this time feels a lot different.
- 23:48Like the the game has changed because people are now thinking
- 23:52like, Oh my God, there's a spot Bitcoin ETF.
- 23:55Like they're not just doing what we did, you know, for the last
- 23:585-6 years where we're just actively stacking, you know, the
- 24:02plebs out there, just stacking Bitcoin here and there
- 24:05basically, you know, changing, exchanging our, our chore money,
- 24:09our beer money for Bitcoin. These guys are going in
- 24:12instantly head first millions of dollars into Bitcoin.
- 24:16This ETF has opened up the playing field and they want to
- 24:19get in and you're seeing the inflows of a Bitcoin on the
- 24:22spot. Bitcoin ETFs, like I I think
- 24:26we're all underestimating the tsunami of capital that is about
- 24:30to get unleashed on Bitcoin. We've only had a swap Bitcoin
- 24:33ETF for about a month, so it's still new in people's minds.
- 24:36And this year, oh man, we're going to see a lot of capital
- 24:39get into Bitcoin and and we're going to talk about this in the
- 24:42news right here because I think we're going to get some
- 24:44surprises. But let's get into the news,
- 24:47guys. We'll cover all that right now,
- 24:50the Daily News. I want to give a shout out to
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- 25:42your Bitcoin off exchange changes, this is the one for
- 25:44you. Check out the passport link in
- 25:46the show notes below to learn more.
- 25:49I I still haven't got Nico to redo the ad.
- 25:52Don't think about taking your Bitcoin off exchanges.
- 25:54Do it today. Get yourself a passport by
- 25:59foundation devices. And before I go into the news,
- 26:01you know, they're, they're loving the zoomer in here.
- 26:03All right. The zoomer is doing well.
- 26:05Let's go, let's go. All right, guys.
- 26:07So today's news story it is, you know, we, we are kind of
- 26:11speculating a little bit but I think all of us bitcoiners have
- 26:14been wondering like when does the next domino fall?
- 26:18We we saw, you know the, I forgot the Central African
- 26:22Republic kind of announced a Bitcoin legal tender.
- 26:26They kind of went full shit coin everyone's been speculating
- 26:29about Argentina's probably going to be next.
- 26:31Well, I just pulled up here for you guys just just to clarify
- 26:35your mind, you know El Salvador made a legal tender Bitcoin
- 26:39legal tender in 2021. We're in 2024 and we still
- 26:43haven't had one more country go into Bitcoin full head first.
- 26:47But we've seen, at least I know it's a short time frame, but
- 26:51we've seen what Bitcoin has done for El Salvador.
- 26:54El Salvador, I think we saw the numbers.
- 26:56They're 40% positive on their Bitcoin balance and we're going
- 27:01to see these next dominoes. They might happen very quickly.
- 27:04We will probably see maybe not just one country say they're
- 27:09docking Bitcoin. We saw what Bhutan say that
- 27:12they're stacking Bitcoin, they're mining Bitcoin.
- 27:14So we're seeing these inklings yet I think this year we are
- 27:18going to see someone of of a big, big position in the world
- 27:24say that yeah, we are fully Bitcoin.
- 27:26We're seeing what brakes nations are doing.
- 27:28They're they're actively moving away from the dollar.
- 27:31I think anyone that knows anything about making
- 27:34investments is starting to question whether treasuries are
- 27:37the best way to store value. We saw Bukele absolutely destroy
- 27:42treasuries. Basically TLDR saying you know
- 27:44the traditional financial world is Fiat Ponzi paperback by paper
- 27:49and this, this is what you guys are trusting.
- 27:51This is what you guys think is the best way to store a valley.
- 27:54Well, let's just go in a little more numbers.
- 27:56So here we got this tweet from Balaji yesterday and it goes,
- 27:59Bitcoin has passed all time highs in 30 plus countries
- 28:02including China and India. And you'll see some of them, you
- 28:04know, Madagascar, Malawi, Malaysia, Myanmar, Nigeria,
- 28:07Pakistan, Rwanda, Sierra Leone, South Africa, Sri Lanka, Sudan,
- 28:12surname, Turkey, Ukraine, Uzbekistan, Angola, Argentina,
- 28:17the list goes on. 30 countries. Bitcoin has hit at all time
- 28:21high. And what does this mean when you
- 28:23see the Bitcoin price go all time high?
- 28:26What it really means as as a bitcoiner, as someone that
- 28:29thinks that Bitcoin is the stable coin, that Bitcoin is the
- 28:32stability and the difference is the Fiat currencies crumbling
- 28:36against Bitcoin. Well, all of these countries,
- 28:39their local national currencies are crumbling against the head
- 28:43honcho, which is Bitcoin. Of course, we all know at the
- 28:46very end of the day there's a there's there's a line here, you
- 28:50know, there there's a there's a pecking order here.
- 28:52All the Fiat currencies are beholden to the dollar and the
- 28:56dollar will probably be one of the last dominoes to go.
- 28:59And this isn't to say necessarily that Bitcoin will
- 29:02replace the dollar as the world reserve currency, though I
- 29:05personally believe it will. But that doesn't mean that it
- 29:08has to replace the dollar for Bitcoin to achieve its goal.
- 29:13And we're seeing again 30 plus countries, their dollars or
- 29:18their currencies or Fiat currencies are collapsing
- 29:20against Bitcoin. And as we always say here at
- 29:24Simply Bitcoin, you might wanna get some Bitcoin just in case it
- 29:27catches on. And just to further drive that
- 29:29point, I saw this tweet this morning and man like, if this
- 29:34isn't a signal of the tide changing, I don't know what is.
- 29:39And here's a tweet. This is fine.
- 29:40Matthew Mazinski's Forgive me for butchering your name At one
- 29:44base money on Twitter goes, it seems likely that Bitcoin would
- 29:48close February higher than the sterling pound, the oldest Fiat
- 29:52currency in the world. Last last month, sterling was
- 29:55roughly $1.12 trillion market cap.
- 29:58Right now, bitcoin's market cap is one point.
- 30:01What do I what I say 1.21.2 four or something like that.
- 30:05And hold on. Nika's texting me.
- 30:08I I guess I need to check the mic.
- 30:10I did check my mic. All right.
- 30:13Anyways, anyways, look at this chart, guys.
- 30:17Bitcoin versus the sterling pound, The market cap of the
- 30:20pound versus the market cap of Bitcoin.
- 30:24And you can see here. Let me let me zoom in here.
- 30:26You know, here's the Bitcoin price.
- 30:29It is better than the oldest Fiat currency in the world.
- 30:32And I've showed you the chart before in meme review and in the
- 30:34numbers that usually you know, Fiat currencies don't last for
- 30:38for very long. It's I think historically
- 30:41roughly around like 250 years or so like that.
- 30:43And now Bitcoin has surpassed one of the oldest Fiat
- 30:46currencies in the world. I think this is more signal that
- 30:50things are changing and further to double down on the idea of
- 30:56Bitcoin as the best currency in the world and continue to add
- 30:59signal to the idea of who will be next.
- 31:02Here's Eric Balcones I think is how you say his name.
- 31:05He's senior ETF analyst for Bloomberg and he dropped this.
- 31:10I think it was yesterday, no few days ago.
- 31:13And if you guys watch Max Kaiser on Info Wharf, he he thoroughly
- 31:18elaborate on the idea that Bitcoin is demonetizing gold.
- 31:21Well, it's not just bitcoiners saying this.
- 31:23Eric Balkunis, he's, you know, he's becoming more of a
- 31:26bitcoiner, but he's still kind of a Fiat maxi.
- 31:30It's his job to cover the Fiat markets.
- 31:32And look at this article, this headline Here goes Gold's Pain
- 31:34is Bitcoin ETFs Gain in Store value Smackdown The initial
- 31:38success of the spot Bitcoin ETF has been sweetened by declines
- 31:42in both price and interest for gold ETFs setting up for a
- 31:46battle of assets. The Bitcoin ETFs, though barely
- 31:49six week old, has taken in over 8 billion more than gold peers,
- 31:54already has 40% as much in assets and could pass them in
- 31:58size in less than two years. What does this mean guys?
- 32:02It looks like Bitcoin is demonetizing gold in real time.
- 32:07In real time. Bitcoin is getting
- 32:09record-breaking ETF flows. There's $7.7 billion of trade
- 32:14going into Bitcoin ETFs and we're seeing that interest in
- 32:17gold is dwindling. At least in interest in gold
- 32:20ETFs. Yes, there's central banks
- 32:21around the world that are stockpiling golds, but it looks
- 32:25like Bitcoin is starting to take the lead, or at least starting
- 32:29to catch up in the hard money gang.
- 32:32And this really begs the question, which is why we titled
- 32:35today's show about Edward Snowden.
- 32:37He tweeted this yesterday and he goes prediction a national
- 32:41government will be revealed this year to have been buying
- 32:44Bitcoin, the modern replacement for monetary gold, without
- 32:48having disclosed that fact publicly.
- 32:50And I think the big thing, again, you know, speculating, I
- 32:53don't know what Edward Snowden knows.
- 32:55I don't know if if he's leaking something or if he's actually
- 32:58just predicting something or whether he's framing this is I'm
- 33:01just predicting something but the the wording here will be
- 33:05revealed. Remember what happened with
- 33:07Bhutan and the whole FTX collapse.
- 33:10They the only reason we heard about that that they're mining
- 33:12Bitcoin is because of the whole FTX debacle.
- 33:15Well we're going to see not only you know Q1 where all these
- 33:19corporations maybe their pensions funds you know all
- 33:22these institutions of the world they're gonna have to reveal
- 33:24whether they've been buying Bitcoin Q1 at some point this
- 33:27year. I I also believe we're going to
- 33:29see another nation state start to adopt Bitcoin.
- 33:32We're seeing what's happened with the BRICS nation.
- 33:34We haven't covered it on the show, but I think it was Russia
- 33:38this week basically said that, oh, we're going to try to create
- 33:41a CBDC for the BRICS Nation. But let's be honest, who's going
- 33:44to trust them with a CBDCI? Know I won't.
- 33:48I know I wouldn't if I was a Russian citizen or a BRICS
- 33:51nation citizens and we see the writing on the walls, bit
- 33:54corners. We understand where the world is
- 33:56going. It is going towards a Bitcoin
- 33:59standard and you might want to get some just in case the tax is
- 34:03on. You still have the opportunity
- 34:04to buy Bitcoin under 100K. It's still cheap.
- 34:08As far as I'm concerned this is a long term game.
- 34:11We are barely even 10% of the gold market cap and gold's been
- 34:14around for thousands of years and Bitcoin is becoming one of
- 34:18the fastest adopted technologies in the world and it's going to
- 34:22have the network effects of money, which means it could even
- 34:25go even more nuclear than we've been even considering.
- 34:29And again we're about to break all time high before the halving
- 34:33which has never happened before. And yet here we are guys if you
- 34:37think that this train is topping out right now.
- 34:40I think you have another thing coming and I think you need to
- 34:42do a little more research or watch a little more simply
- 34:44Bitcoin and we'll get you bullish so that you caught
- 34:46constantly keep stacking. I said every day remember the
- 34:50Bitcoin ABC's always buy consistently always buy
- 34:54constantly continue to stack SAT continue to take Bitcoin into
- 34:57self custody. So guys in the chat, drop what
- 35:01your guess is for what the next nation is.
- 35:04We'll cover a little few of them.
- 35:05We'll get some guesses. We'll see who's right.
- 35:08And I'm look, we're in, we're in the about to be in the third
- 35:11month of the year. I'm almost convinced that we
- 35:14will see another domino drop on the nation state level.
- 35:17We say it constantly. Naib Bukhala has been vindicated
- 35:21on his Bitcoin strategy, Michael Saylor has been vindicated on
- 35:24the Bitcoin strategy, and every single one of you guys has been
- 35:27vindicated on your Bitcoin strategy.
- 35:29All US 80 IQ Bitcoiners left side of the bell curve
- 35:32Bitcoiners. We are geniuses at least for the
- 35:35next year and then I'm sure we'll get savaged by all our
- 35:38friends and family. But hey, feels good to be a
- 35:41bitcoiner. Keep stacking and and I'm sure
- 35:45we're going to see another domino fall in in the the game
- 35:49theory of Bitcoin. Because once one more domino
- 35:51falls, it's really, it's really going to to catch like a like a
- 35:57like a fire across the world. Because hey, if you are the last
- 36:01ones holding the Fiat currency bag, not only are you hurting
- 36:05yourself, but you're hurting your citizens.
- 36:06It's upon every government official out there to be looking
- 36:09towards a Bitcoin strategy. And hey, maybe Snowden knows
- 36:14something. We don't know.
- 36:15Maybe he's just kind of, you know, leaking some sauce and
- 36:18just, you know, this is just a prediction, guys.
- 36:21Who knows? Anyways, Andres, you've been
- 36:24around for a while. Maybe, maybe you know something
- 36:26would be a big 10 before I go on shut down the Samson mount.
- 36:29Maybe it's coming out of the Jan 3.
- 36:30Maybe there's some stuff going on.
- 36:32We've seen he's been talking to a bunch of Latin American
- 36:35countries, South American countries, and maybe it's a
- 36:39Middle Eastern country, I don't know.
- 36:41But we do know that these conversations are happening.
- 36:44And man, you know what that means?
- 36:47Number goes up. All right.
- 36:48Anyways, Andres, what's your thoughts?
- 36:49Who maybe First off, who do you think's going to be next?
- 36:52And and what's your thoughts on this prediction?
- 36:54Are we just making stuff up? Are we speculating or it's not a
- 36:57matter of if, it's a matter of when?
- 37:00Yeah I think I think it's a matter of when and I also have
- 37:03to like sort of think about how many countries have been
- 37:07stacking secretly right. Like they that's one of the like
- 37:11virtues or or qualities of Bitcoin that are fascinating
- 37:14right that you can you can stack quietly and and no one would
- 37:17like truly know who is the person or or nation state that's
- 37:20that's stacking. Personally I think I'm a little
- 37:23biased I'm I'm, I'm Hispanic, Latino.
- 37:26So I think it might be a South American nation.
- 37:29Samsung Mao has been doing great work down there.
- 37:32He's been talking to a lot of precedents, so who knows?
- 37:36Probably Latin America will again shine.
- 37:39I feel, and part of the reason why I joined Viva Bitcoin is
- 37:43because I feel that we are primed for for the adoption of
- 37:49Bitcoin. There are so many people that
- 37:52live here in the US that have families in the in Latin America
- 37:56and we send a lot of money over there, right?
- 37:58Like we send money to help our families.
- 37:59Like fighting like you know the ever growing living cost that
- 38:04are like Latin governments subjugate people too and so
- 38:09they're the amount of remittances that get sent are
- 38:12are astronomical. And imagine if if you're a South
- 38:16American father, which I know many that are they're working at
- 38:20out here in the US and every time they send money to their
- 38:24family through Western Union they have to you know the
- 38:27Western Union takes a huge chunk of their of of what they're
- 38:30sending their families. So if those people get educated
- 38:33and introduced into Bitcoin and they sort of take that initial
- 38:36orange filling, they will see the the value of just that one
- 38:41use case right of of being able to send more value of their hard
- 38:45work to their families down in South America or in or or in
- 38:48Central America. So I I think personally that
- 38:51that's the we're going to, we're going to see it from Latin
- 38:54America for sure. I mean, we we've seen a lot of
- 38:58Latin Americans take a cue from Buchelli's playbook and and
- 39:01we've seen them conversate with Buchelli.
- 39:03So maybe it will be a Latin American country.
- 39:05But one thing's for sure, they will all have to have a Bitcoin
- 39:08strategy sooner than later. And look, people in the chat are
- 39:12saying kind of what I believe too, like Snowden probably knows
- 39:15a little more than we do. I I'm sure he's kind of leaking
- 39:18this as like, oh, this is a prediction.
- 39:20I don't know. Maybe I know something.
- 39:22Maybe I don't Wink, wink, but the game theory is heating up
- 39:26and we're on the front lines and we get to cover this.
- 39:28The next one, hopefully it's fireworks.
- 39:30Hopefully it's like one of the, the the top GDP countries in the
- 39:34world, 'cause right now, you know, as much as I love El
- 39:37Salvador, you know, I'm dressed as wearing the El Salvador hat.
- 39:40They're a tiny country. I think.
- 39:42I think the total population is roughly around like a million
- 39:44people. So like once a a top this might
- 39:49sound bad but once like a top tier nation, you know once well
- 39:52a first world nation adopts Bitcoin.
- 39:55It's really going to set the dominoes in the world on fire
- 39:59and that's also going to be cute for people out there.
- 40:01The everyday person be like oh wow X country adopted Bitcoin.
- 40:04Maybe I want to get some just in case it catches on you.
- 40:07You know you might want to be doubling down on your stacks
- 40:10right now. You might want to not eat food
- 40:12for a couple of weeks and drink fast water fast coming up.
- 40:17Sell your chairs, Sell all everything to buy more Bitcoin.
- 40:21Anyways, Bryson, what's your thoughts on this?
- 40:23Do you have any insights? What's your dad telling you,
- 40:25your stepdad or girlfriend's dad over there?
- 40:27What's your thoughts? You're handing a lot there, so I
- 40:29don't want to rehash anything you talk about too often, but I
- 40:32mean, like you're bringing up Russia, Putin talking about
- 40:34bricks. And I'm like like the whole idea
- 40:36of bricks should be indication enough that the Fiat system has
- 40:39failed, right? The the idea that people need to
- 40:41get off the outstanding, right. Because it's like if using the
- 40:44US dollar as a world reserve currency has quantifiably made
- 40:47your life better, right in in whatever country it might be
- 40:50right in America, Russia, China doesn't really matter, then,
- 40:53then why would you want to get off of that.
- 40:55So. So people are quantifiably doing
- 40:58worse, right. So.
- 40:59So that has brought the, the idea of bricks right now.
- 41:03Now they don't have the right solution because they're they're
- 41:06trying to use go or not Bitcoin, right.
- 41:07And eventually they might, you know that might pivot to
- 41:09Bitcoin, right. But, but I mean like America, I
- 41:12can tell you is going to be probably the last country to
- 41:14adopt something like Bitcoin, right.
- 41:16If they're not smart because all the US is probably the most of
- 41:20the the best funded retirement home on the planet, right.
- 41:24And and there's just, there's no second best, right.
- 41:27And I mean like game theory to bit game theory is to Bitcoin
- 41:31what you know financial analysis is to business, right?
- 41:35So, so so once one significant country adopts Bitcoin it, it is
- 41:39going to be a race to the bottom, right?
- 41:41All of these countries are going to turn on the money printers
- 41:42device much Bitcoin is humanly possible right?
- 41:46And and so it's a matter of time when that happens, right?
- 41:49And when that does happen, you you better hope you've got
- 41:52enough Bitcoin. Which, who knows?
- 41:56Yeah, Zoomer intern's on fire today, shouts out to the
- 41:59Zoomers. This kid gets it.
- 42:01This is why he joined the Simply Bitcoin team.
- 42:03All right, bet. All right, guys, let's.
- 42:05Before we move on to the the culture and talk about what
- 42:07Andes is working on I want to cover some of these these
- 42:10guesses over here in the chat. 1st we got XX he goes bricks
- 42:15will absolutely have to adopt Bitcoin if they want any chance
- 42:18at all to be taken seriously. We have Sean B says Russia we
- 42:23have this knock say Argentina question mark.
- 42:27We have Matthew J says next nation is Japan or Russia and
- 42:31the whole world will follow except US and China.
- 42:34We have Nigeria that's Sam Stone 4141.
- 42:38We have, MG Smith says Saudi Arabia, they've got the energy
- 42:42and they need to pivot away from the Petro dollar for survival.
- 42:46Nigel Lowry, the independent Republic of APNI stand trolling,
- 42:50trolling Jose Cuervo. Antarctica.
- 42:52Yeah, they're trolling the Penguins.
- 42:55Someone up top said Qatar just met with with Bukele.
- 43:00So maybe that's where it's going.
- 43:02Let's see. Oh, here we go.
- 43:03So Canada says good morning. Qatar visited Bukele some weeks
- 43:08ago. Higher colleagues says Saudi
- 43:10Arabia people are laughing at bricks.
- 43:13Let's see. Someone says Texas we we're
- 43:15saying nation states. OK let's see.
- 43:18Let's see. I think that's all everyone has
- 43:22said in the chat. Anyways, as we can see guys oh,
- 43:26next nation is Taiwan. Yeah, I think.
- 43:29I think Samson Mao was talking to Taiwan recently.
- 43:32Man. As you can tell, we can all
- 43:36speculate. I'm just, I'm kind of leaning
- 43:40towards the idea that maybe Snowden has a little better
- 43:44idea. Maybe he's having these
- 43:45conversations and he's just kind of throwing it out there as a
- 43:47prediction that like will be revealed copy in that tweet.
- 43:52Just kind of I think is signal to the idea that like he might
- 43:56know something here. I don't know.
- 43:57We're speculating, but we all know what's happening.
- 44:00The game Theory of Bitcoin is taking hold on the world.
- 44:04Whether it's getting into a spot Bitcoin ETF like institutions,
- 44:07whether it's your friends and family FOMO ING into the Bitcoin
- 44:11price or a nation state adopting Bitcoin, it's been three years,
- 44:16roughly 3 years since the Bitcoin legal tender in El
- 44:20Salvador. It's about time we see another
- 44:23country take the the deep dive into Bitcoin and we'll see.
- 44:27We'll see who it is. We'll be covering it when it
- 44:30happens. And I'm sure it's going to be
- 44:32happening sometime this year. All right guys, before we move
- 44:35on to the culture, go get yourself a copy of Bitcoin
- 44:38Evangelism. This is what the goal is.
- 44:42Here we are all Bitcoin evangelists.
- 44:44I I jokingly say, you know, we're like the guys that go door
- 44:46to door knocking like, hey guys, have you heard about Bitcoin?
- 44:48I have a solution for you. It is Bitcoin.
- 44:50Anyways, go buy it on Amazon. Bitcoin Evangelism by Our friend
- 44:54Brian Demand. It explains what Bitcoin is.
- 44:56It gives you a take on how you can combat the narratives of
- 45:00floodlines, how you can get your shit, coin or friend to start to
- 45:04understand Bitcoin and and the goal of getting 10,000,000 + 8
- 45:09billion people on the Bitcoin standard.
- 45:11This is the book for you. Go to Amazon, buy Bitcoin
- 45:14evangelism. Actually if I remember correctly
- 45:17if you hit up Brian Dement on Orange Pill app, he will sell it
- 45:20to you directly in SAT. So maybe you don't want to sell
- 45:23your sets, but you can get it any way possible.
- 45:26Anyways, let's get to the culture.
- 45:29The daily culture. You already know the deal here.
- 45:38Kaboom racks. Kaboom racks.
- 45:43All right, kaboomracks.com, The best place to buy, sell, and
- 45:46host your A6. Get in touch with the Kaboom
- 45:49Racks team. Shouts out to my boy Alex over
- 45:51there if you have questions. If you've been wondering whether
- 45:54you should mind whether you have good enough electricity rates to
- 45:58make it profitable, whether the S 9 will be profitable for
- 46:01perpetuity, or whether you should be waiting for the new
- 46:05latest ASIC to drop, I know, I know, my boy Alex is super
- 46:08excited about the latest drops of ASIC.
- 46:11Get in touch with the team at Kaboom Racks.
- 46:13You can join them on their Telegram group, I'm pretty sure.
- 46:16T dot me slash kaboom racks. Or just go to the website
- 46:19kaboomracks.com and get in touch with the team over there.
- 46:23Make sure you understand whether you should or should not be
- 46:28mining Bitcoin, but get your a six there guys.
- 46:30The the team's team Stellar A+. They will give you that white
- 46:33glove service on bitcoining Bitcoin mining.
- 46:37Anyways, let's go to Andres Andres Bro.
- 46:40All right, he's a a friend of the show, a personal friend and
- 46:43you're working on Bitcoin bro. So what is Viva Bitcoin?
- 46:47What's the goal? You can recap what you said in
- 46:48the beginning of the show, but what what?
- 46:51What are you working on over there, bro?
- 46:52What's what is Viva Bitcoin? Let's start with there What is
- 46:54Viva Bitcoin? It's super exciting.
- 46:57So the core values of Viva Bitcoin are education and
- 47:03circular circular economy. So we as a group, which is
- 47:08funny, we all met at conferences, right?
- 47:11Like, you know, we a lot of us spend time on on Twitter now X,
- 47:17you know, like hanging out with everybody, hearing all the
- 47:19different perspectives. And we noticed that like in the
- 47:22US there weren't really many spaces catered to like Hispanics
- 47:27or or Spanish speaking people. And so I I met with Tony who's
- 47:32still the founder of the of the of the organization and you know
- 47:36immediately he told me, hey I have this idea I would like you
- 47:40to join and sort of like help spread the word and the thing
- 47:43has sort of like snowballed for me.
- 47:46Now we're I'm thankfully sponsored by by Tony and Viva
- 47:50Bitcoin to assist many conferences in the US We'll be
- 47:53attending El Salvador as well. We're going to be sort of having
- 47:58some live interviews there. We're going to be holding
- 48:01recording some sort of like a little documentary about the
- 48:04experience. So yeah.
- 48:05So essentially it's it's about spreading the word about Bitcoin
- 48:10in the US and Latin America in in Spanish.
- 48:13And so we have every Monday 8, the 8:00 PM Standard Time every
- 48:19Monday we hold a space on on Twitter or X and we're we've
- 48:24already had some great guests speaking sort of like by the way
- 48:29the the space is in Spanish, fully Spanish.
- 48:31So you have to be either bilingual or you know be a
- 48:35Spanish speaker. And so we have just very tight
- 48:39tightly knit group of people who are very passionate about
- 48:42Bitcoin. We're we're 100% Maxis and which
- 48:46is which is something that that that throughout like all the
- 48:49spaces we've held over over the period of like a month and a
- 48:52half we've noticed that in Latin America the the the idea or the
- 48:56attractiveness, the attractiveness of shit coins is
- 49:00still very latent you know the lure of of quick riches.
- 49:04So we are trying to in our space educate people bring people that
- 49:09that our US bit corners that speak Spanish.
- 49:11We had Sean Harris shout out to him and you know we we're just
- 49:16trying to have a a deep conversation and and grow the
- 49:19space to educate fellow bit corners or fellow future to be
- 49:24bit corners in Latin America to sort of only look at Bitcoin and
- 49:29get past the idea of quick, quick riches.
- 49:32I mean, we know that most people get wrecked right when when
- 49:35you're trying to just chase that shiny object in the crypto
- 49:37space. So we're trying to educate
- 49:40people. And when it comes to the
- 49:42circular economy, we are sponsoring a lot of Bitcoin only
- 49:48businesses in Latin America and we're sponsoring them to bring
- 49:51their products onto like the US market.
- 49:53Like I've brought Lightning coffee, for example, to
- 49:58Unconfiscatable in Vegas, and I also did it at Bitcoin Day in
- 50:02Naples. And I'm going to also be
- 50:06attending Bitcoin Day Miami. And we'll also have a lot of
- 50:11coffee and some other products that that, that are straight
- 50:14from Latin America that you can buy right now today with
- 50:17Bitcoin. So that that's pretty much the
- 50:20what this organization's about. I'm pretty passionate about it.
- 50:24I care deeply about the economic conditions of Latin America and
- 50:28I I want people to you know I I feel like every little grain of
- 50:33of of sand that we like put together helps to to it helps
- 50:39Bitcoin and it helps also like like people in in in those
- 50:44countries so that's that's pretty much what I've been up to
- 50:46with Vivo. Bitcoin is super exciting where
- 50:49we're hoping to grow and and have a lot more people join our
- 50:52space to educate and and keep people you know like herald
- 50:57people onto the the orange frite future.
- 51:01And how it keeps doing that? And how has these conversations
- 51:07gone? Cuz I know you basically mention
- 51:11the idea that you're Latino, you understand at least to on like a
- 51:17cultural sense like what goes on in these countries.
- 51:20You understand the culture. You understand at least a little
- 51:24better than maybe some. I hate to use the word but
- 51:26privileged people in America. And so how come?
- 51:30How come your focus is Latin America is because you guys are
- 51:32all Spanish speaking? Or is it just like, hey, we're
- 51:35Latinos, we see the need for our people, Port La Lasa, all that
- 51:38good stuff? Yeah, yeah, essentially, yeah.
- 51:42I mean, no, we're not exclusive. We're not trying to exclude
- 51:44anybody from our group, but it is in Spanish, so.
- 51:48So if you don't speak the language, it's gonna be a little
- 51:50difficult for you to participate.
- 51:52And yeah, so like I said, it came from sort of that vacuum
- 51:56that we saw in spaces and and in Bitcoin in general in the US
- 52:01that you know, there there weren't enough like Hispanic
- 52:03voices. There are some people here and
- 52:05there that work for Swan, for example.
- 52:08I know many Hispanic people that work there that that have done
- 52:11great job, a great job. Yeah.
- 52:13But but there is that that like you know sort of vacuum like
- 52:17there's there's simply there's there's so many other spaces
- 52:19that go on every day and they're routinely like on X.
- 52:23And so yeah that that's primarily the reason why and
- 52:26also because we believe that in Latin America like we are ripe
- 52:31for adoption. So.
- 52:32So I think that that's primarily the reason why we're we're doing
- 52:36that. And yeah I mean if you want to
- 52:38say that we're doing it for La Raza that's part of it.
- 52:42We we we have to stick together, right.
- 52:44Like I I would like to say something like it's kind of like
- 52:49it's a little negative but I feel like Hispanic people in the
- 52:51US we're not very like united. So when it comes to like
- 52:57financial education and and things like that.
- 52:59So I feel like we have to like change that a little bit right
- 53:03like help each other out and then and you know it's like
- 53:06there are many other cultures that that help each other
- 53:10economically. And I feel that that if we start
- 53:12educating people and and seeing that we as as Latin Americans
- 53:16can come together it doesn't have to be a 0 sum game right.
- 53:19Like we we can we can educate everybody in in the in the
- 53:24community and and orange peel them and you know like help them
- 53:28like achieve their financial sovereignty so.
- 53:31So that's pretty much it. Love it.
- 53:34OK, someone in the chat says local.
- 53:38Local. Yeah, he's.
- 53:40I'm pretty sure he's spent it. Local TX, It's really easy.
- 53:42Hispanics are poor. We don't have money, so we don't
- 53:45know how to invest. What's your thoughts on this On
- 53:48this? I mean, I mean, that's a little
- 53:51harsh, but yeah, I mean we're, we're, we're developing, you
- 53:54know, you know, OK, I would like to phrase it like this.
- 53:56We, we are a poor sort of like enclave of people, right?
- 54:01But our countries are very rich, not only culturally but also in
- 54:05resources. Like, you know, you have
- 54:06Parawai, like you have Venezuela, you have Colombia.
- 54:10Every Latin American country is rich in resources.
- 54:13And it's been all of these like corrupt politicians and with the
- 54:17help of the IMF that have like sort of pillaged our people and
- 54:21not to get too into like the left right thing.
- 54:23But you know it's it play it has played a huge role like
- 54:28collectivism in in Latin America.
- 54:30And so everybody in Latin America or or rather all the
- 54:35politicians in Latin America have have had the opportunity to
- 54:38bribe their people right. And and and they it's been very
- 54:42easy for them to sort of like capture the minds of people and
- 54:46and obtain votes and and sort of keep perpetuating the Fiat game
- 54:50right. Like and and that's something
- 54:51that I feel Bitcoin will change and and and I feel like
- 54:55bitcoin's going to be the next Liberator of of Latin America.
- 54:59You can see it at, for example in in in Argentina like the
- 55:02change of how this is happening. Like there's there's a wave of
- 55:05people that are realizing that that the politicians have
- 55:09stripped them of all their wealth, all of the money they
- 55:12have like worked so hard for and yeah, we are poor and so like
- 55:16making it out and climbing out of that.
- 55:18Your social economic status in Latin America is supremely hard,
- 55:22supremely difficult. That's why we have so many
- 55:24migrants here in the US because it's it's a land of opportunity
- 55:26still in compared when when compared to Latin American
- 55:29countries. But I feel that that is
- 55:32changing. There are there's bukele,
- 55:35there's mile. I I feel like we need to keep
- 55:38that going. And yeah, if Viva Bitcoin could
- 55:41be a sort of like a little like a spotlight in the in the
- 55:44darkness in Latin America, like we I mean, I'm, I'm all for it,
- 55:48yeah. And how and how has those
- 55:50conversations gone? Like, I I'm guessing you've had
- 55:52some of these conversations already.
- 55:54Do people, you know, it's interesting how like in America,
- 55:57in in the USA, lot of people are just so adamantly against
- 56:01Bitcoin and then people with like hyperinflating currencies.
- 56:04Like you know, I don't want to dox you, but I know where you're
- 56:06from and I know that your local currency or rather your home,
- 56:11your where your origins come from, just their currency got
- 56:14decimated. And so like how are these
- 56:16conversations happening are do when you have these
- 56:18conversations with people are they open to the idea or is it
- 56:23just like oh this is a get rich quick scheme like I I don't have
- 56:26time for this. I don't have any savings.
- 56:28No, no, no. It's the opposite.
- 56:30Like Latin American people are very receptive to the idea of
- 56:33Bitcoin like you said because we we've had like hyperinflating
- 56:37currencies right. Like in my country the the the
- 56:39currency it's the native currency is it's it's it doesn't
- 56:43exist anymore. We we transact in dollars and so
- 56:46people know and and everybody that that I'm Venezuelan, right.
- 56:50Let's just put it out there. So everybody in Venezuela it's
- 56:53very open to the idea of Bitcoin.
- 56:56The only the only thing I've in this conversations that we've
- 56:58had with Latin American people is that one thing that we don't
- 57:02realize here in the US is that Latin American people have a
- 57:06very short like very low or high time preference rather right
- 57:11like they because the living conditions are so low that you
- 57:16don't think about the future. You don't.
- 57:17You can't really. You you have to like work really
- 57:21hard and then in order to for you to buy like to to afford
- 57:25rent and food and that's pretty much it.
- 57:27So people are just thinking of the day-to-day.
- 57:29It's like sort of like survival, right.
- 57:30And and so in these spaces that we've held we've had people come
- 57:33up to us and say like you know when you start talking about all
- 57:36these lofty ideas about like how the separation of money and
- 57:39state and how Bitcoin makes you a self, sovereign individual
- 57:43Latin American people aren't so receptive to that message.
- 57:46I have found out. But there are different angles
- 57:50that you can attack them in and and the angle that I found out
- 57:54that it works is the idea of like a currency that cannot be
- 58:00printed because they understand inflation and they understand
- 58:03why most people understand why it happens, right.
- 58:05And so once you explain to them that Bitcoin no one controls it
- 58:09like it's just a a a network that that allows people to
- 58:14transact their their monetary energy not in those terms but
- 58:18they they immediately hold on to it and say like oh there might
- 58:21be something to this but but is that it?
- 58:23I I feel like that's one of the biggest obstacles that that
- 58:25we're going to have to face as Hispanics like in Bitcoin Orange
- 58:28filling our our our friends and and in Latin America it's going
- 58:32to be how do we change the chip from going to from from you know
- 58:37thinking about an everyday survival situation to a future
- 58:41like that's the biggest obstacle that that I see right now in my
- 58:44conversations. And and you know, you can
- 58:46correct me if I'm wrong, but from at least from from what I
- 58:49know with my family, there's a very big culture of like
- 58:53bootstrapping yourself and you know, not trusting the
- 58:56government and like you know, working hard and and trying to
- 59:00save and provide for your family.
- 59:01And these are all Bitcoin tenants.
- 59:03Like this is all we talk about. It's no one's going to come save
- 59:06you. Like you have to save yourself.
- 59:08You have to pay yourself first. You need to save in something
- 59:11that a government can't destroy. And there is so many examples,
- 59:16especially in Latin America, of course, everywhere around the
- 59:18world, even through the history of man itself, of governments
- 59:22abusing the cultures and stealing from the population.
- 59:30I think Bryson wanted wanted to or.
- 59:32Oh, he's muted. What's that?
- 59:33Bryson Yeah, I know. But it's like when you're
- 59:35talking about like inflation, the volatility of Bitcoin, like
- 59:38for us living in America, right, The most stable Fiat currency,
- 59:42right? What does volatility look like
- 59:43for us? You know, yesterday, up 10% ish
- 59:45until Coinbase went and did what Coinbase does and ruined
- 59:48everything. Good.
- 59:50Like, like if you're living in a Latin country and you've got,
- 59:52you know, 100% inflation every month, right?
- 59:55Of course you're going to watch something like Bitcoin, right?
- 59:57Because 10% inflation is nothing, right?
- 59:58As opposed to losing 99% of your wealth in some places in in as
- 1:00:02short as a couple months months time.
- 1:00:05Right. And I think also by bringing
- 1:00:06Bitcoin to Latin countries, you're going to well allow more
- 1:00:09people than ever could before to be able to transact cause a lot
- 1:00:13of these people do not have bank accounts, right.
- 1:00:14So if you give them something like Bitcoin or lightning or
- 1:00:17another, you know, second layer network, right, then they they
- 1:00:20can go and transact right you. You don't need all the
- 1:00:22documentation associated with the bank account in the
- 1:00:24overheads. Wow, dude, Zoomer is killing it.
- 1:00:28Shouts up to the Zoomer intern. This kid.
- 1:00:30Wait, wait. My faith in Zoomer's have has
- 1:00:33been restored. Amazing.
- 1:00:35Holy crap, I thought they all had TikTok brain, but
- 1:00:39apparently. Not it did with the ones that
- 1:00:41escape. They they get it.
- 1:00:42They get it. Anyways.
- 1:00:43Andres, you guys are doing a podcast as well.
- 1:00:48Is it, is it out yet or you're about to release it?
- 1:00:50What's? What's the deal with that?
- 1:00:52It's not out yet. We're we're recording all of our
- 1:00:54spaces on on X and eventually we're gonna we're gonna try to
- 1:00:59start releasing them on YouTube and all the other like little
- 1:01:02clips of of of some interesting conversations we've had on on
- 1:01:05all the other platforms. Tiktok, Instagram, Facebook you
- 1:01:09name it. Right.
- 1:01:10So we're growing. It's, you know, you you you've
- 1:01:13worked for a startup on Bitcoin, so you know kind of you, you
- 1:01:16kind of understand how how sometimes that takes time.
- 1:01:19So we're just getting started putting in the work and and
- 1:01:23hopefully, you know in the future we are thinking of a very
- 1:01:26lofty we we have very lofty aspirations for Vivo Bitcoin.
- 1:01:32You know, maybe a conference coming up in Columbia.
- 1:01:35Who knows? Maybe.
- 1:01:37Wow. Leakin Leakin on simply Bitcoin.
- 1:01:41Leakin on Simply Bitcoin, Yeah. So you know we we do have a very
- 1:01:45committed individuals, very talented.
- 1:01:47We have some coders in our group.
- 1:01:50We have some very talented people and they're like they're
- 1:01:53all Bitcoiners, they're all, they've all been in Bitcoin for
- 1:01:56longer than three years. I would say 4, so almost four.
- 1:01:58So, so you know it it's it's it's it's a great it's a great
- 1:02:02thing that that's just like kind of like getting it's a baby cow
- 1:02:06if you want to say right, we're starting to get on our four
- 1:02:08legs, but it it'll take some time.
- 1:02:10Yeah, baby deer legs. They're deer legs all.
- 1:02:14Right. So on this, just to be clear,
- 1:02:17all the content's going to be in Spanish?
- 1:02:19Yes. OK, OK.
- 1:02:22We might have some like to Let's try that.
- 1:02:25My brain. When you say Spanish, my brain
- 1:02:27goes Spanish. No, we're gonna, we might have
- 1:02:29some subtitles in English for some of our content.
- 1:02:32But we really, I mean, yeah, we we really just are focusing in
- 1:02:36this on the Spanish side of things, everybody.
- 1:02:39I mean how many bilingual people are there in the US?
- 1:02:41There's, there's millions, right.
- 1:02:42So, So we're going after them. And then obviously we have all
- 1:02:46the people in Latin America in our spaces.
- 1:02:48We have people from Cuba, Colombia, Venezuela, Argentina.
- 1:02:53We have people from Central America.
- 1:02:55We have people, you know, Mexico, we've had people from El
- 1:02:58Salvador. So.
- 1:02:59So, you know, we we we're just doing that thing.
- 1:03:05Let's go. We're awesome on this.
- 1:03:07OK, last question I ask everyone.
- 1:03:10What would be the final message you want to leave with the
- 1:03:13audience or the final two sets? It could be about Viva, Bitcoin.
- 1:03:17It could be be about Bitcoin in general.
- 1:03:18It could be about life. I don't know, maybe Andres has
- 1:03:21some life advice. What's the last two sets for the
- 1:03:23audience? OK, so we all know the price is
- 1:03:26pumping like crazy. It's hard to remain humble like
- 1:03:32Vikingo. A shout out to him, he's a
- 1:03:34hilarious ex character or an ex Anon.
- 1:03:37Just stay solvent, right? Like don't, don't, don't jump
- 1:03:41into the exuberant boat and go crazy, buy a Lambo.
- 1:03:43Do all these things like, you know, think longer term.
- 1:03:47This is not financial advice, but I personally like once we
- 1:03:51like go beyond the all time high, I stopped my sack and that
- 1:03:54that's been my strategy for. Wow, Bear.
- 1:03:57I I'm not a bear but I opportunity risk right Like or I
- 1:04:02I know so it sounds weird but I do and and whenever like all of
- 1:04:07the exuberance is gone I start again my stacking.
- 1:04:09So so not financial advice. This is sort of what I've done
- 1:04:13just because I want to get the most out of my cut box right.
- 1:04:16Like I want I want more the most bang for my buck when it comes
- 1:04:20to purchasing Bitcoin. I want I want as many stats as I
- 1:04:22could get. So yeah that's pretty much it
- 1:04:25just stay humble and remain solvent as Vikingo says you know
- 1:04:29don't don't go crazy don't buy a Lambo.
- 1:04:32And also, we're getting girlfriends this year for sure.
- 1:04:37Wait, wait, wait, wait, wait, wait.
- 1:04:39Do not take on this advice. Continue to buy it all time
- 1:04:42high. There are historical.
- 1:04:44I said That's. What I said, that was what I
- 1:04:46what I did. That's my personal strategy.
- 1:04:48I I did not keep stacking forever.
- 1:04:51All right, who knows? We don't know what's going on
- 1:04:54with the price. But hey, you know, coming back
- 1:04:56down to this all time high, it may never happen.
- 1:04:59I don't know. Maybe I'm maybe I'm not, you
- 1:05:00know, adding FOMO here. I don't know.
- 1:05:02But I'd be stacking. Yeah, don't listen to this guy.
- 1:05:07I'm buying $21.00 of Bitcoin when we hit all time high.
- 1:05:10Just inspired Pontrace now zoomer.
- 1:05:14'S on fire. I like this kid.
- 1:05:15I like this. Psychology.
- 1:05:17Reverse psychology? Yeah, yeah, they'll do it.
- 1:05:19I'm pumping your bags for you, so there.
- 1:05:21You go. Thanks.
- 1:05:23Let's go. All right, man.
- 1:05:24Well, Bryson, first and foremost, thank you for showing
- 1:05:28up, guys. Be nice to Bryson, our new
- 1:05:30Zoomer intern. He's going to be handling the
- 1:05:32simply Bitcoin social media. We're going to put some training
- 1:05:35wheels on him for the next week or so.
- 1:05:36But we threw him to the fire. He absolutely slayed it on
- 1:05:39today's show, as, as Andre said, you know it, it does make us
- 1:05:43hopeful that this Bitcoin message will reach the younger
- 1:05:47generation. I I said all the time, you know,
- 1:05:50we all kind of still in our minds have this idea that that
- 1:05:53the boomers are the largest generation, but they had
- 1:05:56children and the zoomers and the millennials, we outnumber the
- 1:06:00boomers by. I don't know this actual
- 1:06:02statistic. Someone could Fact Check me on
- 1:06:04this. We outnumber them in regards to
- 1:06:07individuals. They have all the capital, but
- 1:06:09there's more of us than there are of them.
- 1:06:11And if we can get everyone stacking Bitcoin and this is the
- 1:06:14message so we're going to hopefully hopefully you know
- 1:06:17start to break into the zoomer market and we'll get more more
- 1:06:21broke college kids stacking Bitcoin.
- 1:06:23So shouts out to you Bryson and you know tell your tell your
- 1:06:26girlfriend's dad that we appreciate him hipping you to
- 1:06:30simply Bitcoin and and hopefully he's like hey man, like I saw
- 1:06:33you on the show today. We are.
- 1:06:36We are getting girlfriends look. Exactly.
- 1:06:39You know there's hope. Wait the.
- 1:06:41Zoomer has a girlfriend and we don't Wrecked.
- 1:06:44We're right. All right, Bryson.
- 1:06:47Looking good. Well, thanks for thanks for
- 1:06:50coming on Bryson. You you guys will see him on the
- 1:06:52Twitter. We'll probably bring him on some
- 1:06:54other times as well, but absolutely slate it for today.
- 1:06:57All right, under this, where can people find you?
- 1:06:59What do you want people to go check out?
- 1:07:01Thanks for coming on. It's a great show.
- 1:07:02Thank. You thank you for having me.
- 1:07:04Yeah. Son of Sats on Twitter, our ex.
- 1:07:07I'm out there slaying the the demons, the Fiat demons every
- 1:07:11day. A little spicy over there but we
- 1:07:14all we all like to get spicy on on X right.
- 1:07:16So yeah, there. And check out Viva Bitcoins
- 1:07:19website at vivabitcoin.com. We'll be putting out some more
- 1:07:23content in the future. It'll be in Spanish, so if
- 1:07:26you're, if you're a Latino in here, please go check us out and
- 1:07:29come in onto the spaces every Monday at 8:00 PM Eastern.
- 1:07:34We're holding a space, you know, for educating people and
- 1:07:38spreading the word. You know, like it's it's the
- 1:07:40Satoshi's work, That's what we're doing.
- 1:07:42And and just to be clear, the website I have is
- 1:07:44viva-bitcoin.com. Yes viva-yeahhyphenbitcoin.com
- 1:07:50yes. All right, guys.
- 1:07:51All right. Well, that is today's show.
- 1:07:53Thanks for coming on on this. Stick around for a little bit
- 1:07:55anyways, guys. You already know the deal.
- 1:07:58Smash the like button, share this content, share all Bitcoin
- 1:08:01content so more people understand why we Bitcoin.
- 1:08:05It is going to become a heavy lift for us this year.
- 1:08:08Everyone, I I'm convinced everyone has an opinion on
- 1:08:11Bitcoin. Everyone's heard about Bitcoin.
- 1:08:13Well it's our job not only here, it's simply Bitcoin, but you
- 1:08:16guys as individuals to continue to spread the signal, continue
- 1:08:20to incept the ideas of freedom. Money into your friends and
- 1:08:23family. Continue to get people into the
- 1:08:25life raft that is Bitcoin and also make sure that they don't
- 1:08:29go down the shit coin rabbit holes.
- 1:08:31Anyways guys, we'll be back tomorrow, same time as usual
- 1:08:3312:15 PM Eastern Time. We do have a special surprise
- 1:08:37for you guys tomorrow. You guys are going to like this
- 1:08:39one. You guys have been talking about
- 1:08:40it so Nico will be back on Tuesday, but we the show goes
- 1:08:45on, the show goes on. Anyways guys, peace out.
- 1:08:48I'm your host for today Opti. We are simply Bitcoin and we'll
- 1:08:51be back tomorrow. Peace Out episode was brought to
- 1:08:56you by bitcoinwell.com, a Bitcoin only platform on a
- 1:08:59mission to enable financial independence.