Latest / Simply Bitcoin / Is the Federal Reserve Slowing Bitcoin Adoption ? | EP 556

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Is the Federal Reserve Slowing Bitcoin Adoption ? | EP 556 · Simply Bitcoin

0:18
Yeah, welcome to another episode of Simply Bitcoin live.
0:21
We are your number one source for the peaceful Bitcoin
0:25
Revolution. Today we have a very very
0:28
special show. The premise have a theory for
0:32
you guys is the US government. Specifically the agencies within
0:37
the US government, the Federal Reserve the SEC are they
0:41
purposefully slowing down Bitcoin, adoption it sure looks
0:47
like that. I'll make the case for you guys
0:49
and as always we provide the receipts on simply Bitcoin
0:53
anyways shout out to my legendary co-host who then fix
0:56
this green screen all the way right?
0:58
How you doing Opti? Wait, what?
1:00
Anyways that's not there here nor there.
1:03
What's up guys? Happy to be here.
1:06
TL DR. To nicko's question, I will say, yes, but I am the
1:09
resident tinfoil hat. We're so, what's up everyone?
1:14
Happy to be here. Hope you have a good Thursday.
1:17
Let's get into the show. Let's get into it.
1:18
But first Opti, what are we covered in the fail?
1:21
Give a prime. It's give a primal.
1:22
Oh, yeah. So today guys, we are going to
1:24
cover the stack chain. I've been hearing a lot.
1:27
You guys been telling me I need to cover this And for the
1:31
culture guys we are going to cover the stack chain and why I
1:33
believe this is a, you know, awesome, awesome stuff out there
1:38
because this is this is what the plebs do.
1:40
You know, there's what the bitcoiners do?
1:42
As I always say in the space always saving Bitcoin,
1:45
consistently saving Bitcoin. This is the way.
1:47
What else are you going to save in Fiat dollars?
1:50
Could never be me. Anyways, we'll get into it in
1:53
the culture. We'll get into it.
1:55
Anyways, let's start the show. Shall we Booyaka shot?
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you're a build one yourself. Anyways at the time of this
2:41
recording the Bitcoin. Price is at twenty three
2:43
thousand four hundred and ten cents.
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Per dollar also known as Moscow, time 4270, block height, seven
2:51
hundred forty, nine thousand nine hundred and eighty seven
2:54
the amount of reachable Bitcoin nodes where at twelve thousand
2:58
five hundred and sixteen blocks to The Happening ninety thousand
3:02
and thirteen. Having estimate, excuse me.
3:05
April 22nd. 2024 total lightning network capacity 4552.
3:13
The capacity value in Fiat terms 106 million dollars.
3:18
I hope that continues to go up and I think it shall hash rate
3:22
estimate over the last 90 days, 206 x, a hashes realize monetary
3:27
inflation 1.78 percent that should get in hat.
3:31
Should we get cut in half when the having happens?
3:34
And, of course it is taking the US dollar.
3:36
Absolutely to school market cap market capitalization 447.
3:43
Billion dollars, very interesting.
3:46
Anyways today we're going to talk about a topic that we've
3:49
been covering most of the week, right?
3:52
And before I get into it I have to start it out with one of the
3:56
must-read books in Bitcoin. It gives you a pretty good feel
4:02
of what is going to happen in the reason that they were able
4:05
to predict all of this stuff in the 90s is because they use the
4:09
game theory of violence, right at the end of the day, right?
4:13
What Bitcoin really does because you could store such crazy
4:17
amount of wealth in your mind, right?
4:19
Just by memorizing 12 words, what it does is it fundamentally
4:23
changes the relationships between governments and
4:26
individuals and I think that's why they were able to
4:28
successfully predict some so much of this stuff.
4:31
So anyways first I'm going to read these two passages and I'm
4:34
going to give a little update that I saw on Twitter as it
4:38
relates to. This stuff says new technologies
4:40
will allow the holders of wealth to bypass the national
4:42
monopolies. That have issued and regulated
4:45
money in the modern period. Their importance, for
4:47
controlling, the world's wealth would be transcended by
4:49
mathematical algorithms that have no physical existence in
4:53
the New Millennium cyber money, controlled by private banks will
4:56
supersede Fiat money issued by governments goes on to say,
5:00
lacking their accustomed scope to tax and infiltrate inflate
5:04
governments. Even in traditionally civil
5:06
civil countries will turn nasty as income tax becomes
5:09
uncollectible older and more arbitrary methods of extraction
5:12
will resurface this. So let's let's see this update.
5:17
So new regulatory changes in Canada for Bitcoin and shit
5:22
coins. You are allowed to buy as much
5:24
Bitcoin e like coin, bit coin, cash as you want.
5:28
But any crypto, any other crypto has a limit of 30 K net by per
5:33
year bra, right? Then it shows you will have an
5:37
annual net by limit of 30,000. Move on.
5:41
But it's not only that right? Check this out.
5:44
This is a screenshot of PayPal says, amendments to the PayPal
5:47
user agreement effective September 19th. 2022 us.
5:53
Business accounts will not be able to receive personal
5:56
transactions, from PayPal accounts outside the u.s.
5:58
starting October 31st 2022. It's almost as if they want
6:03
Bitcoin to win. It's almost as if they want
6:06
Bitcoin to win it. That is so beyond ridiculous.
6:10
Now, if you can't use PayPal, if you're receiving from money
6:14
overseas, now why is this happening, right?
6:16
This is just governments doing what governments do, they can't
6:20
help themselves. They want to control everything
6:22
you do. And I know what a lot of people
6:23
are thinking, right? Oh, it's only shit coins.
6:27
It's not a big deal. Doesn't apply to bitcoin.
6:30
What's the big deal? This is how it starts.
6:33
This is the slow creep. This is the justification.
6:36
This is easing into it very similar to what I believe is
6:40
going to happen. Happen with the tornado cash
6:41
thing. I think they picked a project
6:44
that really is, not that popular, just to kind of slow
6:48
creep, those regulations slow creep.
6:51
Hey, if you don't download specific node software your your
6:56
against sanctions, I believe that, that's where this is
6:58
going. But again, I think that they're
7:01
setting a precedent here in Canada here at the government,
7:04
we get to dictate what you can and what you cannot do with your
7:08
money that you spent your time. An energy earning, it's just
7:13
absolutely crazy. That governments feel entitled
7:17
to tell individuals. This, it blows my mind and this
7:21
isn't because of PayPal, PayPal is losing business because of
7:24
this, this is 100% because of new pressure from the US
7:30
government, but it's not only that says, us, PayPal accounts
7:34
will not be able to send bit personal transactions, to
7:37
business outside, the US starting, October, 81st 2022.
7:42
But here's the thing. This is what the sovereign
7:44
individual was talking about. How new technologies will allow
7:47
the holders of well to bypass a natural monopolies and I think
7:50
nvk CEO of coin kite perfectly touched upon that.
7:53
When he said imagine, when they find out that they can't stop
7:56
people from gambling on foreign casinos.
7:59
It's absolutely true. Right?
8:02
It's like with the whole by bit stuff, right?
8:04
You can't use by bit if You're an American citizen, but all you
8:09
need is to turn on a VPN, right? And again, like it's just so
8:14
ridiculous that they're implementing these laws that I
8:18
believe worked in the old system, but in the new system,
8:22
all it's doing is just slowing adoption.
8:26
All it's doing is just putting all this red tape in the hopes
8:31
of maintaining Financial control over their monetary systems that
8:36
they once had. But Bitcoin really makes that
8:39
obsolete. Right fine.
8:41
The worst that they could do is slow people getting out through
8:46
the Fiat on and off ramps but once people are in Bitcoin and
8:50
they have all these regulations whether it's PayPal.
8:53
Hey, now if you want to pay someone with PayPal and your
8:57
from overseas, Can't do it. But you know what, you can do
9:00
that with, you could do that with Bitcoin, you don't even
9:03
have to know someone's name, right?
9:05
So again, it's like the old world clashing with the new
9:08
world, bureaucrats can't help themselves.
9:11
And dude, there it is. Again, the sovereign individual
9:14
predicting it once again accurately, which absolutely
9:18
blows my mind. Anyways, Opti.
9:20
What are your thoughts? Well, this is a continuation.
9:25
I believe what we were talking about yesterday that The powers
9:29
that be those in control. The authoritarians at the top
9:33
want you tracked and bagged and they think of you as chattel.
9:37
It's like, this isn't even us being, you know, truthers or
9:42
whatever you want to call us. It's we say it almost every
9:45
single day that in their own words.
9:47
They're telling you the silent part out loud.
9:49
They want you completely controlled.
9:51
And you know, this is a first world nation and it is the
9:55
neighbor of the United States. So is One of those things where
9:59
they they have to, you know, try and experiment near near the us
10:06
because like the US does explore his culture everywhere.
10:09
What happens in the u.s., you know, essentially will
10:11
eventually go out to the world and so they're just seeing what
10:15
they can do to, or they're seeing what they can get away
10:18
with, because we know what they want to do.
10:21
They tell you their plan upfront.
10:23
They want you tracked and bagged, and they want you
10:26
completely controlled in their system.
10:27
But what do you Do you're going to escape the system, you're
10:30
going to opt out with Bitcoin. You're going to spread this out
10:32
of money gospel because there is no alternative it is either
10:37
Bitcoin or slavery. It is Bitcoin or nothing like
10:40
these aren't just memes. This is truth.
10:43
Like this is this is the reality of the situation.
10:46
There is no alternative, the Fiat system is crumbling, who
10:49
knows when it will end, but they want you completely controlled
10:53
in the system. So they're going to continue to
10:54
spread this Narrative of, oh we're here for your safety.
10:57
You are here to protect Act you and you know like Nico says
11:01
slippery slope and and they will just continue to try to do this
11:04
until you guys shut this stuff down with your mean words.
11:08
So you know, fight this all you can opt out with Bitcoin.
11:11
This is the way it's very simple, my opinion.
11:14
Yeah, exactly. And again, like, that was
11:17
specifically for shit coins, but I can't emphasize that enough.
11:22
That is the slow creep. Remember When they pass the bank
11:25
secrecy act in 1970 Initially it was a ten thousand dollar rule
11:31
that had to be reported, right? It was that ten thousand dollar
11:33
cash limit but if you adjusted for inflation ten thousand
11:37
dollars at the time was 70 grand and I'm sure people thought 70
11:41
grand. Wow, that sounds reasonable.
11:43
The problem is that they never adjusted that number it stayed
11:48
the same. They knew exactly what they were
11:51
doing. Anyways.
11:54
Anyways, it's going to be a hell of a fight.
11:56
But we got some awesome news today.
11:59
Let's get to it. Here we go.
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cloaks.com. All right, so, Hey guys, I'm
12:33
going to make the case that I believe.
12:37
That the u.s. governed, the administrative state, that some
12:40
people call the Deep State. I don't call it the Deep State
12:43
because it's really up in your grill.
12:45
Did you guys know that the number one employer in the world
12:51
is the United States government? So that starts to kind of
12:56
explain why they're willing to hire 87,000 IRS agents.
13:01
They're not willing to cut down on spending, but what they are
13:05
willing is to hire thugs to extort more and more people.
13:12
Absolutely blows my mind 87,000 agents is more than the British
13:19
army. If you look at the British army
13:21
you added up, there are more Irish IRS agents that they're
13:24
going to hire them. There are soldiers in the
13:27
British army that is how big this thing is.
13:31
And again I don't think the government has a revenue problem
13:34
year over year, the government pulls in more Revenue.
13:38
They have a spending problem. They constantly spend more
13:41
money. Then they're taking in and what
13:45
is the cause of all this, what makes this viable, the money
13:49
printer. Now, here's the thing that kind
13:52
of, and it struck me early earlier this morning, right?
13:57
The people that are supposed to regulate Bitcoin and regular
14:01
they're going to try to but regulate the industry and what
14:04
not have the most to lose. If Bitcoin is successful talk
14:11
about misaligned incentives, and I believe that's why this stuff
14:16
that we're about to cover is happening.
14:19
So, first, a quick update, you guys, if you have been living
14:22
under a bridge, this should not come as a surprise to you
14:25
world's largest Bitcoin fun slams, the SEC sues over, it's
14:30
really a Bitcoin ETF, you have to call it for what it does and
14:33
what it is. But of course, the lamestream
14:35
media likes to put crypto, I guess it's better for SEO.
14:38
Just world's largest Bitcoin fun, slams SCC sues over Bitcoin
14:43
and shit coin, ETF, just to kind of remind you guys in set the
14:46
premise, so digital currency asset manager, grayscales an
14:50
illegal fight with the US Securities and Exchange
14:52
Commission the FCC. Its latest rejection of the
14:54
company's perspective spot Bitcoin exchange traded.
14:57
Fund the SEC denied Grace sales application to convert its
15:01
Bitcoin, trust to a spot ETF the company filed a lawsuit, the
15:05
same day but it's weird because you would say Okay, you know,
15:10
it's because they just don't want any tea F, but that's not
15:12
true. And this is to quote.
15:14
The article says the inconsistent treatment here by
15:16
the SEC, allowing the Futures prospects to trade, but denying
15:20
the spot products to trade is not looking at what is
15:23
essentially the same exact Market through a like lens here
15:27
now, that's very suspicious. Why did they allow a Futures
15:32
product but not a spot product. The problems that with the spot
15:35
product you have to put up or shut up, you have to Up the cash
15:40
in order to get that Bitcoin with Futures that is not the
15:44
case and as this awesome Bitcoin magazine article put out and so
15:49
beautifully explained, this is by Armin Department.
15:52
Awesome Bitcoin ER says Bitcoin, Futures markets explained and
15:55
the defense against bitcoin price manipulation price
15:59
suppression. How strange is that enemies with
16:02
unlimited cash? The Federal Reserve board and
16:05
the international monetary fund can suppress the price of
16:08
Bitcoin. Coin.
16:10
The evil anti-human Humanity, collectivist wishing to damage
16:14
Bitcoin. May try to thrive the price down
16:17
by selling Futures contracts heavily.
16:19
And at a loss, the collective is don't need Bitcoin as collateral
16:23
to do this. They only need cash collateral.
16:26
Why do they need collateral? The collateral, is there, in
16:28
case? The trade goes against them, if
16:30
the trade goes badly enough, and all the collaterals.
16:33
Consume that exchange would liquidate the contract and
16:36
collect. What is owned by confiscating
16:37
the collateral, if there were no collateral The Exchange, Owed
16:40
money and might never receive it from the collectivist scumbags.
16:44
Normally the price of the Futures doesn't deviate from the
16:47
spot price due to arbitrary Arbitrage.
16:52
Very strange, very strange. But maybe it's a coincidence,
16:55
maybe it's a coincidence, right? Maybe Nico's.
16:58
A conspiracy theorist may be armed in the Parmenides just
17:01
making stuff up. Maybe we're just paranoid
17:03
bitcoiners. I feel like all bitcoiners are
17:05
slightly paranoid because we're just so used to being attacked.
17:08
But another big coincidence, check this out.
17:12
This is custodian Bank. This is the bank that used to be
17:15
called Avanti bank. And this is the bank, that's
17:17
taking advantage of Wyoming's Bitcoin, Charter, crypto
17:21
Charter, and this Bank founded by.
17:23
I'm sure you've heard her name, Catlin long.
17:26
Now, take a look at how the Federal Reserve, which they say
17:30
is independent, but is really part of the federal government,
17:33
like you have to be real. That is literally how the
17:36
federal government funds deficit spending.
17:39
That is literally how they pay for anything that is how the
17:43
administrative State, even in the midst of a recession was
17:47
able to print seven hundred eighty billion dollars to fund.
17:52
An army of 87,000 IRS agents of, which are bigger than the
17:57
British army. Could you imagine if the
18:00
founding fathers that went to war with the global superpower?
18:05
Back in the 1700s for over 42 percent tax, found out that the
18:11
federal government hired 87,000, people to extract wealth from
18:16
the population to continue funding the bureaucracy.
18:21
I don't think they would be very happy anyways.
18:24
And it's funny because the founding fathers were there.
18:27
It's George. Washington, Thomas, Jefferson.
18:29
They absolutely hated Fiat money.
18:33
It's almost as if they knew that this was going to happen.
18:36
Anyways, crypto Bank custodia, Sue's Federal Reserve, this is
18:40
old news, but just to give you guys a little bit of a reminder.
18:42
And we have the update today with which is why I wanted to
18:45
cover this. Today in the filing of the
18:47
United States District, Court of Wyoming, custodial accused, the
18:49
Federal Reserve board earners in.
18:51
Reserve Bank of Kansas City of delaying the application process
18:54
by 19 months and called the master account critical to
18:58
custodians business, such an account to directly access the
19:01
Federal Reserve rather than going through an intermediate.
19:04
Intermediary Bank. Custodial said in the complaint,
19:07
it also accuses, the FED of adopting standard list
19:11
procedures that would allow it to act in complete secrecy.
19:14
Whenever and however, they choose remember that they say
19:19
that Bitcoin is opaque And that is projection.
19:24
Anyways, the suit said the feds own paperwork said that he
19:27
master account decision ordinary takes five to seven business
19:30
days. And that processing delay had
19:33
clearly violated the one-year statutory debt client declines
19:36
deadline for doing. So in February, oming based
19:39
custodian, which was formerly called, Avanti Bank seem to be
19:43
moving closer to acquiring the master account, when it received
19:45
a routing number issued, by the Americas Bankers, Association
19:49
routing numbers are used to identify banks for checks and
19:52
They're Trent a transition transactional purposes and are
19:55
issued only to federal or state, chartered financial institutions
19:58
that are also eligible to have a Fed account according to the,
20:01
ABA has website. So, looks like they checked all
20:04
the boxes, they filled all the paperwork but check out this
20:07
article that came out today from law 360, the name of the article
20:11
for audio lister's is called fed says, crypto Bank.
20:15
Can't sue its way to account decision Hey, guys, we, you
20:22
know, we did all the paperwork, we raised all the money.
20:26
Are you going to accept us what's going on?
20:28
You've taken over a year that's not normal.
20:31
Usually takes five to six days. What's going on here?
20:35
We're going to assume we're going to find out.
20:37
We're going to complain now. You can't complain.
20:40
You gotta sit down and shut up. That's what this is saying.
20:43
And of course, this isn't only the FED doing this.
20:46
This is also the SCC Why are these both agencies?
20:51
Slowing down and then why did they accept?
20:53
Futures. Futures is okay.
20:55
Futures is Mike suppress price but spot.
20:59
Now, you want to put a Bitcoin and shit coin Bank on the same
21:04
level as the other Banks, you know, create competition.
21:07
Now you complained about it, shut up, you can't sue us and
21:11
remember they call us private, they call us opaque.
21:17
That is one hundred percent. Projection here.
21:21
Anyways, Federal Reserve System officials are urging a Wyoming
21:24
federal judge to reject a lawsuit from a cryptocurrency
21:27
bank that they say seeks to rush them into grant granting its
21:31
access to key Central Bank Services before they can finish
21:34
thinking through all the big picture.
21:37
All thinking through all the bigger picture ramifications,
21:41
what are the bigger picture ramifications?
21:43
Why don't they never get into specifics?
21:45
It's always Bitcoin is a threat to financial stability.
21:49
Always, that's what they always. They say Bitcoin is going to be
21:51
used for money laundering but they never get into the details
21:54
as to why that is. We don't want to accept the
21:57
application over, even though we've taken over a year because
22:00
we're still thinking about the big picture ramifications, you
22:03
know what I believe? They want a central bank,
22:07
digital currency. And if Bitcoin gets added into
22:11
the US Financial system it's going to be very hard for them
22:16
to make the case for a central bank, digital currency for audio
22:20
listeners. Here's a tweet from February
22:22
23rd. From the Federal Reserve would a
22:24
central bank. Digital currency protect my
22:27
privacy. What type of fucking question of
22:29
that it? What type of question is that
22:31
look at China? See how much that's been
22:33
protecting privacy? This Bullshit, they project and
22:38
accuse us of the things that they're guilty of.
22:40
And we are how we have to rely on agencies that stand the most
22:44
to lose if Bitcoin wins. Because those agencies, the
22:49
reason that they're able to fund themselves is because of the
22:52
money, printer, what type of clown world bullshit, is this.
22:57
Anyways, Federal Reserve board government of Governors and it's
22:59
Kansas City, Regional Bank argued that the US District
23:03
Judge Scott. You skvode all should dismiss a
23:08
compliant. A complaint filed by custodian
23:10
bank. That accuses them of
23:12
unreasonably withholding action on its application for so-called
23:17
fed. Master account, fed official
23:18
said Tuesday, that they are under no obligation to open an
23:22
account for custodian, or anyone else.
23:24
Nor are they legally required to decide?
23:26
By any particular deadline calling custodians business
23:29
model novel? And untested fed officials
23:32
argued that, it should be no surprise that they need time to
23:35
consider. It's application.
23:37
How long does it take? Anyways, plan tapes demand are
23:40
non are non-judicial unsupported by the law and must be rejected,
23:46
the Kansas City fed. Similarly highlighted, the
23:49
stakes saying that the custodians focus on digital
23:51
assets and uninsured state-chartered status make it
23:54
unlike any other bank ever approved for a master account.
23:58
As a result, its application raises serious questions that
24:02
take time to consider the regional fed.
24:04
You know, they look fine. You know, you could play Devil's
24:06
Advocate, you see. That kind of makes sense.
24:09
But anyways among them, according to the Reserve Bank
24:12
are questions, like, how to monitor custodian has anti-money
24:16
laundering compliance. There it is.
24:18
Again, remember the anti-monitor you laundering in.
24:21
The KML was the justification for Europe going after Self
24:26
custody and what safeguards are needed to protect the Kansas
24:31
City fed itself against the possibility of custodial
24:34
failing, rather than allowing custodian to substitute its
24:37
judgment. I meant for that of the Federal
24:38
Reserve Bank of Kansas City. The court should allow the
24:41
Federal Reserve to compete. Its complete its review
24:44
consistent with its mandate to ensure the safety and soundness
24:48
of the nation's Financial system and a read that last part
24:50
because it really kind of makes me angry.
24:53
They have a mandate to ensure the safety and soundness of the
24:56
nation's Financial system. They have the gall to say that
25:00
but after the last three years, they printed 40 years, 40
25:04
percent of the u.s. dollars that has ever existed.
25:07
Causing a 40-year record inflation.
25:10
Making the rich richer through asset inflation and making
25:14
everybody else poor. Not to mention making housing
25:17
prices, increase over a hundred percent, and they have the gall
25:22
to say that their mandate is safety and soundness of the
25:26
nation's Financial system. These people are psychopaths to
25:30
Tuesday's briefs, which attack custodians case as a premature
25:34
and substantially flawed came the day after the FED, announced
25:37
that had finalized a set of guidelines intended to
25:41
standardize and clarify its process for evaluating master
25:44
account application. So check that out, they changed
25:48
the rules. And then after they change the
25:50
rules, and then they made the argument to the court.
25:55
They move the goalposts, the guidelines also provide the FED
25:59
officials can conditionally, approve, or deny and
26:02
institutions application. If deemed necessary for risk
26:06
control purposes. Why wouldn't they say?
26:08
This is risky, this is a threat to their system.
26:12
Why would they not say? This is risky.
26:15
Notably the guidelines do not impose any deadline for
26:18
application decision. So before it was five to seven
26:22
days, now they changed the guidelines to say There's no
26:25
deadlines explaining that it could take time to understand
26:28
the intricacies of the requesting institutions risk
26:31
profiles. What the fuck does that mean
26:33
signing? The guidelines fed officials day
26:36
that they're trying to be responsible about how they
26:38
manage master account access and can and can't yet know how they
26:42
will come down on custodial because these new guidelines
26:45
have just been finalized and could now be taken to
26:48
consideration by the Federal Reserve in connection with
26:50
custodians request, the court should dismiss custodians
26:53
complaint As prudently unripe. Okay so much fancy vocabulary.
26:59
Let me translate it. They put in that application.
27:03
They took a year, custodial sued them and then they redefine the
27:08
rules so that the judge would throw out the lawsuit.
27:13
This is insane, particularly where the decisions that issues
27:17
involves complex issues and policy questions.
27:19
Such as the important issues of risk to the US Financial system,
27:23
Financial stability and Station of monetary policy and there's
27:27
the slip implementation of monetary policy at issue here.
27:32
I think that is really the signal there.
27:36
Bitcoin is a threat to their idea of implementing monetary
27:40
policy. The law is clear that agency
27:42
deliberations, that may reasonably span a period of
27:45
years do not amount to unreasonable delay.
27:49
Anyways, check this out and then I'll pass it on to Opti.
27:53
The FED. Has been tamed.
27:56
That the accounts are a privilege and not a right for
27:59
banks. Even as other Regulators have
28:02
brought in the path to Legal Bank status by offering an
28:04
approving. A range of chartres is this a
28:07
communist country? What do you mean?
28:08
Something's a privilege? Aren't we in a democracy?
28:12
What the fuck is going on here? So the SCC is slowing down.
28:17
Slow walking a spot. Bitcoin ETF.
28:20
But they sure love the Futures that can be used to suppress the
28:24
price of Bitcoin. Not, that's not a problem.
28:27
And then when Wyoming the state of Wyoming passes, a law to
28:31
allow Bitcoin Banks and Catelyn, long and custodial, fill out all
28:38
the necessary paperwork, they turn it into the Federal Federal
28:42
Reserve branch of Kansas may take a year to reply when
28:47
custodian, Sue's them and Says yo, can't do this.
28:51
The Federal Reserve Pivots by changing the rules of the game.
28:57
And then after they change the rules, after the fact, after the
29:00
lawsuit, they say, hey judge, you got to throw this out, we're
29:03
playing by the rules. What the fuck is this?
29:10
I like Bitcoin. Bitcoin is rules without rulers.
29:14
What the fuck is this? This sounds like a theory.
29:17
Mmm, This is a shit coin, and it blows my mind because dude, I'm
29:23
worried because yes, you have to play by the rules.
29:25
If not, they're going to lock you in a box.
29:27
If we have to rely on institutions and bureaucracies
29:32
that stand to lose if there's Bitcoin adoption What the fuck
29:38
do we do? Are all the bank's just going to
29:41
start moving to El Salvador. How long until the US?
29:44
Government places a sanction? El Salvador.
29:47
This is ridiculous, this is insane.
29:50
And the crazy part is, I've been covering this for about a year
29:53
now, and this is an update. And when I read this this
29:56
morning because I got an email from law 360, I was reading
29:59
this. I was like, This is literally
30:03
them moving the goalposts and they have so much hubris that
30:06
they're just like okay, yeah deal with it.
30:10
Shut up. You can't sue us or the Fed.
30:15
I thought this was a democracy. Now, it's a privilege for you to
30:20
have an account. We get to decide what is
30:23
financial stability. We are the only ones that get to
30:27
Define that and BTC pins, says it perfectly.
30:32
And then I'll pass it on to Opti.
30:35
They're not acting like a democratic institution.
30:38
They're acting like incumbant banking cartel as it was
30:43
designed to do shout out BTC pins, you use, literally set it.
30:47
Better than I could have thought.
30:49
Anyways Opti, what are your thoughts brother?
30:52
Well, where do I start with this one, man?
30:56
I think the first thing I want to do is just troll.
30:59
The 87,000 IRS agent. I know you guys saw them on
31:03
Twitter, that shit was hilarious.
31:06
I don't have it up here, but absolutely terrifying.
31:10
Oh my God. Anika, I'll send you the video
31:13
afterwards so you can laugh with me.
31:15
Anyways guys, I think we've been Telling you, I don't know if we
31:18
told you this yesterday or was it Tuesday?
31:21
But paper, Bitcoin is obviously why they want to do this.
31:28
They want to rehypothecation your Bitcoin.
31:30
This is why we tell you guys all the time to take your Bitcoin
31:33
into self custody, this is why you need to self custody.
31:37
Remember when I brought up how Vinny the other day and we were
31:40
saying that there will be fractional Reserve, Bitcoin
31:43
Banks and full Reserve, Bitcoin Banks.
31:45
This is just a continuation of Of the Fiat system and of course
31:49
they're going to try to bring this into Bitcoin because they
31:51
know that as long as they have paper Bitcoin, they can continue
31:55
to fuck with your money. But anyways, Nico made a good
31:58
point and and you kind of got trolled in the chat a little bit
32:02
about bitcoiners having PTSD. Yes, we are paranoid as fuck man
32:07
and as orange said or and put it in a great comment because just
32:11
because you're paranoid, doesn't mean they aren't after you guys,
32:14
we bring the receipt every single day that At their
32:18
narrative paints. This picture clearly in their
32:21
own words like we aren't even reading into their words.
32:24
We're literally reading you back to like Verbatim what they're
32:27
saying and it's this they are coming.
32:29
After you they want to make sure that you are controlled tagged
32:32
and bagged. But I also I want to Echo what
32:37
Lawrence leopard said on the simply Bitcoin.
32:39
IRL interviewed series that we did on Tuesday and this is a
32:45
perfect example of what we're talking about.
32:47
He said it and I'm you know, I'm gonna probably Burt.
32:50
You're exactly what he said but he said something on the lines
32:53
of the powers that be will lie and break their own rules to
32:56
suppress the little man. And here we have it.
32:59
What? Two days later in you know, in
33:02
4k their receipts of, oh, wait now, these were our rules and
33:06
now we're changing those rules. So that you are now
33:09
retroactively non complying with the rules and it's just it's
33:13
absolutely amazing. The propaganda in the pr spin
33:16
that the Legacy Mm. And the powers that be are
33:19
pushing down our throat is, it's freaking atrocious.
33:24
I know, I know we are hyperbolic when we call them parasites, and
33:27
we call them Psychopaths. But what else can you think this
33:30
is? This is anti Human Behavior.
33:32
They do not want to see Humanity flourish.
33:35
They do not want to see Society better themselves because they
33:38
want to continue to steal your wealth and your time and your
33:42
energy. I wish it was different but
33:45
these are their words, guys. They say, This in their own
33:48
rhetoric. This isn't me being the in-house
33:51
truther. We're literally reading you guys
33:53
to recedes. And furthermore, of course, I am
33:57
the in-house PR guys. So when I see framing like this,
34:01
I always seem to find the silver lining, of course, it's Optimist
34:05
fields for a reason. I am eternally optimistic, but I
34:10
had a thought. When you were saying about the
34:11
framing and it's like Bitcoin force their hand and they have
34:14
to try to co-op this narrative, they have ocbc will Give you
34:17
privacy. It's like they would have never
34:19
talked about this if Bitcoin wasn't nothing.
34:21
They would just be like oh this is a continuation of the system
34:24
but they fundamentally understand that they have to try
34:28
to co-op these narratives because Bitcoin is winning and
34:32
they know this, we know this and we know that they know this.
34:34
So they're going to try to reframe their digital system,
34:37
their complete and total control of your money via digital
34:41
identity via the you know, the digital monetary system that
34:45
they're trying to fully Implement on you.
34:48
And they have to try to co-op that because Bitcoin is freeing
34:51
humanity and they don't want you to find the exit door.
34:55
And then furthermore, what's the meme?
34:58
The scariest sentence in the world is, I'm from the
35:00
government and I'm here to help you.
35:02
Like, we're showing you this every single day.
35:05
I feel like we are a broken record, but once Bitcoin opens
35:10
your eyes, you can't unsee this. You can never go back to the
35:13
Matrix and this is why we do what we do.
35:16
Again, it's a You can record coming out of me, but we are
35:19
here to spread the sound money gospel, Bitcoin is freedom,
35:23
Bitcoin is Hope. And that is enough, man.
35:27
People need to fundamentally understand this.
35:29
That Bitcoin is here to help that Bitcoin is the reason why
35:33
we will help society change society for the better and why
35:37
our grandchildren and Grand. Great, great.
35:39
Great grandchildren will have a better life than we do.
35:43
Now, as the other meme goes weak, men make hard times.
35:47
Hard Times, make strong men. And this is where we are, guys.
35:53
It's up to you guys again. I'm going to Echo Lawrence, and
35:55
he said it best man, and, and he's a boomer, you know, shots
35:58
out to the Boomers, that get it. And he was like, yo, the
36:02
millennial generation and the Zoomer generation.
36:05
It's upon you guys to change this world because we were built
36:09
different, guys. This isn't just a meme that we
36:11
created. Like, I don't know about you,
36:13
but I graduated high school and college through the Great
36:17
Recession. Action that, you know, like I
36:20
literally became an adult through one of the worst
36:23
Financial experiences that anyone could imagine.
36:26
And this is just like this was a status quo for us.
36:29
Like, we are built different. If you're around my age, you
36:31
understand that there is no alternative there.
36:35
There is nothing in the Legacy system that that we can salvage,
36:39
and whatever we can salvage will be brought onto the Bitcoin
36:43
system. Which is just you guys the
36:44
individuals out there, your life force, this is why.
36:47
Why we are so obsessed with Bitcoin because it fundamentally
36:51
helps humanity and I said all time, you know, Bitcoin is
36:54
freedom and Bitcoin is team human.
36:57
This is why we show up every single day because you guys need
37:01
to remember that there is positivity in the world.
37:04
There is a solution to the problems and we need to be proud
37:07
bitcoiners and spread this far and wide.
37:09
Someone said it in the chat, like free humanity and orange
37:13
pill someone today, like do your part to help Humanity's future.
37:18
And be a toxic Bitcoin Maxi spread that sound.
37:21
Money, gospel, Start Orange, pilling anyone that will listen
37:24
speak to the remnant, whatever meme, you need to hear to sink
37:29
into your brain. That look, I need to share this
37:32
out there because, hey, I may be paranoid but they are coming
37:37
after you, it's in their own rhetoric.
37:40
All right, let's it's time for the daily culture.
37:42
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your tickets to Pacific Bitcoin. What's up, everyone?
38:42
Yes, as you can see, if you're on YouTube, we are going to
38:46
cover the stack chain. All right, guys.
38:48
So you guys have been tagging me.
38:50
I've been wanting to cover this and of course, I am going to
38:53
cover this. I don't know if you've been
38:55
around on Twitter, but I tried to do a stack chain for a few
38:58
years. Now, on January 2nd, we called
39:01
it proof of Stack day but this has gotten way more traction
39:05
than I ever could have done on Twitter.
39:07
So let's get into it. Of course I got to start this
39:09
with a meme. Shouts out to European
39:11
bitcoiners.com Simon Satoshi and he's got an update and I'm going
39:16
to get to their GitHub. But I really like this Meme and
39:18
it goes breaking news. This just in Twitter devolves
39:21
into scam and Chaos as the Bitcoin maximalist have
39:23
apparently vanished into something called the stack
39:27
change. So men, the stack Shane guys,
39:30
even got a GitHub. I could never have thought this
39:32
far down the road, I just put it in a tweet and was like, okay
39:35
guys stack and let's see what happened.
39:37
But anyways, let's see. What is the stack chain?
39:39
Because I've been hearing on on Twitter all about the stack
39:43
chain and in about like the block, high and Mining new
39:47
blocks and all this, and I'm like, what is going on?
39:50
Like I'm very confused anyways. So what is the static chain?
39:54
Simply put the statue is buying Bitcoin consecutively with other
39:57
bitcoiners shouts out to the DCA Army out there we're all buying
40:00
Bitcoin. Right?
40:01
We know that Bitcoin is the hardest money in the world and
40:04
we're already going to be buying as much as we can.
40:06
So why not gamified a little bit?
40:08
Have some fun and be social with Fellow Bitcoin ER and we got in
40:13
layman's terms, shout out to Derrick Rose.
40:14
He's I got a few more memes that we're going to update on this
40:17
and he goes it's just fun and shitposting with the little bit
40:20
of Bitcoin lingo thrown in to make it more fun as we ship post
40:24
and buy Bitcoin. So history of the stack chain
40:27
for you guys that were unfamiliar with it.
40:29
Like I was stacked chain was born completely organically when
40:32
Arizona Hado, shouts out to Arizona, Jato, decided to buy
40:35
five dollars of Bitcoin, and see, if anyone else wanted to
40:38
buy a little with him, someone replied with the Dollar
40:40
purchase, then someone replied with a seven dollar purchase,
40:43
then in a and these consecutive purchases kept coming in
40:47
iterating on another grown. The chain of purchases,
40:49
expanding the amount of Bitcoin that was being purchased until
40:53
eventually. We got to this news that I'm
40:55
going to cover today. So how do you participate?
40:57
If you guys want to participate on Twitter, this is how you
41:00
participate anyone and everyone that wants to buy Bitcoin can
41:03
participate in stack chain. The only requirement is that you
41:06
want to expand your stack? I say it all the time.
41:09
God's the only That matters is the SAT under your control.
41:13
So continue to Stack's ads, continue to stay humble.
41:17
But anyways before you make your Bitcoin purchase, you need to
41:20
determine the current block height, you need to find the tip
41:24
of the stack chain, hashtag stack chain tip.
41:27
Anyways, once the current height has been determined and you're
41:30
planning on purchasing an entire block yourself.
41:32
You will need to buy that amount of Bitcoin, for example, of the
41:35
current block height, the last confirmed in most recent
41:38
verified amount, purchase of $599 Dollars, then the next
41:41
person to purchase will need to be $600 but don't be afraid if
41:46
you don't have the money to go balls, deep on on a stack right
41:50
now, if you are unable to purchase an entire stack chain
41:52
block yourself, then you can post your screenshot on the main
41:56
chain and still participate. You will need to specify that
41:59
you're looking to do a stack join by using the hashtag stack.
42:03
Join, awesome. Awesome.
42:04
So does the Stacked taint have leadership?
42:08
I know we always are concerned about Sin.
42:10
Ization and decentralization. But no, the stack chain is a
42:14
living and breathing chain without leadership again.
42:18
What is the goal to stack chain to have fun while buying as much
42:21
Bitcoin as possible? Amazing, I went down and I tried
42:25
to find the original post. So shouts out to Arizona in hot
42:28
oil and he goes even on days when I'm broke as hell, I still
42:31
stab feel free to join me. This is the way five dollar by
42:36
here. Ten Dollar by their $1 by there.
42:38
Again, the only number that matters Matters is the number of
42:42
sat in private keys under your control.
42:45
And I am not going to go through the whole post here because it's
42:50
a it's pretty big. It's a huge thread but I have
42:52
the thread in the description if you want to follow along and I
42:56
found this one thread of their across and and Brad Mill is a
43:01
notorious shit. Coiner Loki quote-unquote
43:04
Bitcoin or goes he thought that the statue in was a shit coin
43:08
but I really like this comment by Uncle Max because This is the
43:11
this is Bitcoin culture after all and I really love this take
43:15
and he goes I don't get your take Brad stack chain is a beer
43:17
snake a bunch of plebs got bored during the crowd at Mark and
43:21
started doing something for fun. Best part is instead of chugging
43:24
a beer and getting hammered plebs are just adding to their
43:27
stack and cheering each other on.
43:29
We're just having fun out there. But I saw this news and I was
43:34
going to cover the stack chain for a while.
43:36
But when I saw this, I realized that today is a day for the
43:39
culture. Because hashtag stacked chain is
43:42
officially one month. Old today over the past month.
43:46
Stackers have accumulated over 36 Bitcoin, worth over eight
43:50
hundred and forty five thousand dollars.
43:52
We've raised over six thousand dollars for Bitcoin Beach, raise
43:55
fund for Bitcoin acasi to by roughly 30 phones for kids and
44:00
built an incredible Community. A bitcoiners stack validated
44:05
guys. This is what we tell you almost
44:08
every single day. I know I know there's
44:10
Influencers out there that telling you that Bitcoin
44:12
maximalist ranks are dying and that his star is rising.
44:15
But look at this, a few bitcoiners on Twitter have
44:19
bought over 36 Bitcoin. Amazing just from Arizona, Hado
44:24
starting it with five dollar Bitcoin by this is the power of
44:29
the DC Army. This is why we tell you guys to
44:31
continue to stack. This is why we tell you guys to
44:33
buy Bitcoin, every single day, every single week because once
44:38
we get to that Tipping Point a bit corner, He's out there
44:40
buying Bitcoin, consistently, we are going to the Moon, guys.
44:45
I know, I know you guys say don't give don't feed the whole
44:48
p.m. but this is the signal. We need people stacking Bitcoin
44:53
even if it's little bits of Bitcoin, even if it's little
44:55
chunks here and they're continuously accumulating
44:58
Bitcoin and putting that Bitcoin into Cold Storage.
45:01
Well, negate all the paper Bitcoin eventually, as long as
45:05
we get to that Tipping Point and that's I had to find the stack
45:09
chain tip. So I hope that no one else
45:12
dropped another stack chain tip. But this was this morning at
45:15
8:15 and you can see that the latest is 1303 Dollar by on the
45:22
stack chain tip and say what you want about the opsec, we all
45:25
understand that this isn't the best option.
45:27
I don't post your Bitcoin buys on Twitter because hey You know,
45:33
it is trackable. When you're showing where you're
45:35
buying it, how much you're buying it and your name, but
45:37
neither here, nor there people are having fun.
45:39
People are stacking set and this reminded me of a tweet that me.
45:43
And it can't, mine went back and forth yesterday.
45:45
And he just tweeted simply accumulating Bitcoin.
45:48
And I've been doing this this tweet for a minute and I Sabra
45:51
better fight me for these sets because your boys playing a
45:54
Hungry, Hippo. This is the game guys.
45:56
You're playing Hungry. Hippo for SATs out there.
45:59
And this is how you got a frame this in your mind or whatever.
46:03
As I've been saying all the time always saving Bitcoin.
46:06
This is the way you are playing Hungry, Hippo.
46:09
And as Nick put so well under it, the boys accumulating
46:13
generational well together. Yes, this is what it's all about
46:17
guys continue to stack. Continue to, you know, spread
46:21
the sound money gospel by little here by little there.
46:24
And of course I was going to talk about this yesterday, the
46:27
Eric case on thread and I'm not going to read the whole thing,
46:31
but I want to get to the Bay Very bottom and he goes, oh,
46:36
wait which one is it? The first one.
46:38
And this is why we stack is because we know what Eric case
46:43
on knows in this thread that Bitcoin is the most Monumental
46:47
event in the last two Millennia of human history.
46:50
And if you are here today and you are stacking, then you
46:53
understand this as well. It doesn't matter how much
46:56
Bitcoin you have, I don't care how you get your Bitcoin, all I
46:59
care is that you have Bitcoin, you put that Bitcoin Cold
47:03
storage and you continue to spread that signal.
47:06
So shout out to Arizona hot or shout out to everyone.
47:09
That was a part of the stack chain and let's just see how
47:12
much Bitcoin can get accumulated.
47:14
As I said, we've had projects like this in the past, we had
47:17
the lightning, The Ellen torch chain?
47:19
We've had proof of Stack day. You know, we've tried to do this
47:24
over time, to make sure that people continuously stack
47:27
Bitcoin, continuously saving Bitcoin, and this is just
47:31
awesome to see. I can't believe that, you know,
47:34
from five dollars we have been able to accumulate 36-hole
47:39
Bitcoins, roughly eight hundred and forty five thousand dollars.
47:43
Absolutely amazing. In my opinion, this is bullish
47:48
stuff, guys. The DCA Army is growing and this
47:52
is further proof that the Bitcoin Maxi ranks are growing.
47:55
Our star is rising. So guys, haha, Jack continue to
47:59
have fun continue to shitpost and like I said earlier, You
48:03
know, I know I know yellow is telling everyone to stack fight
48:07
and tweet about building but the most important part is to stack
48:11
guys. Sometimes we need to refocus to
48:14
energy and realize that we are actually changing the world.
48:17
One stack at a time. One one little sat at a time,
48:22
you are opting out of the system.
48:25
Because the system is working against you.
48:28
Anyways, Nico. What's your thoughts?
48:31
And then we can jump into the memes.
48:32
I have a long meme review today because we missed them yesterday
48:35
and I know that's everyone's favorite portion of the show,
48:38
dude. Our I'll put it to you this way
48:43
and as the way that I see it is that over time, our army
48:47
continues to get bigger and their army continues to shrink,
48:53
that's because Bitcoin has better.
48:55
Oops. So yeah, man, there's only so
48:57
much time. These people have left, and that
49:00
could also explain why they were slow walking, you know, the
49:04
regulations as well, right? So yeah, man, I'm bullish on
49:07
bitcoin. I'm bullish on bitcoiners.
49:11
This is just the beginning. My friend, this is hard on me.
49:13
Go before we go, apparently I was to stack.
49:17
Chain tips behind, I was at 1303 now we're at 1305.
49:21
So the stack chain continues to grow.
49:24
Shout out to you guys. Sakon anyways.
49:26
Nico, let's get to the meeting review.
49:28
Let's do it. Daily meme, review brought to
49:37
you by Citadel 21. It's the best Bitcoin cult
49:39
Rosine, it's stories articles Comics by actual bitcoiners.
49:43
This is the artwork for volume 11, is artwork for volume 10 and
49:47
this is the artwork for volume to Volume 2 is almost sold out
49:50
because there's only 1000 physical copies made per volume.
49:54
So get your prints of Citadel 21 today before they run out.
49:59
Alright guys, so I have a few meetings from yesterday that we
50:03
didn't get and I added a few more just, you know, I told you
50:06
guys yesterday, we were going to make it longer today.
50:09
Not too long but I added a few more anyways.
50:13
The first one is by Wall Street Silver.
50:14
Again, I don't think he makes these memes but he's doing very
50:18
good on curating the memes and he just goes nailed it.
50:21
And this is a quote by Frederick bastiana goes.
50:24
Everyone wants to live at the expense of the state but they
50:27
forget that the state lives at the Expense of everyone.
50:30
Shasta to praveena the parasites at the topper, living off of
50:34
your life force. Oh wait, hold on.
50:35
Before I get further, remember to put your meme review in the
50:40
chat so that we can cover it. We're trying to minimize the lag
50:43
and I keep forgetting and of course, as Nico.
50:45
He said memes are, how do you say memes are the sword in the
50:49
battle of the different disinformation War guys, if you
50:54
brush up on that one, anyways, anyways, Ways.
50:59
Remember this tweet? We did the other day.
51:01
It was a simply Bitcoin tweet and we said who they think runs
51:04
at their him and who actually runs a theorem and we have on
51:06
the left vitalik and on the right we have Bez us and we go
51:09
centralized AF and then we got one punch Pepe or at one punch
51:13
Patriot and he goes it was at this moment he knew this is our
51:17
Tuesday template and it's a girl with a guy in his metallic
51:21
beaut. Aaron with his meth known and is
51:23
Jeff Bezos jumping in the pool about to ruin their sweet little
51:27
honeymoon. Anyways this Next one, I saw
51:29
yesterday, you tagged the meme Factory, this by Liam side,
51:34
Dennis and he goes, just going to leave this here.
51:36
You have been warned Bitcoin, cbc's the great reset, and he
51:40
goes same energy and this is Young.
51:42
Anakin, CBC is 20 22 and then his Darth Vader, cbc's 2047.
51:48
If it can make it that long, this is what it will be building
51:52
towards. And then of course I got to add
51:55
back in here. She's been killing it lately,
51:57
shouts out to at Gustav. Becca, she's in the chat.
52:00
Say hello. And she goes daily, reminder!
52:02
That Central bankers and planners hate you and your
52:05
family and want you vaporize that.
52:08
I like that. I like that one back on and the
52:11
truck. The meme is eurotrash.
52:13
Proles believe, we will fix the money with our new anti
52:17
fragmentation tool Lowell. These dummies actually bought
52:20
the inflation reduction act. I'm going to buy a new yacht
52:23
with my bonus. Yes, yes, exactly.
52:26
And furthermore, guys if I think we are just quote unquote,
52:30
conspiracy theories are truth or sorry truthers.
52:32
I shouldn't be saying the c word on YouTube check out this mean
52:36
by our boy at Greg's Aaj dose and he goes when I hear someone
52:40
say the government would never do that.
52:43
We got a guy pulling out the receipts and we got MKUltra,
52:46
Tuskegee experiment poisoning St.
52:48
Louis operation Mockingbird MK, Naomi operation, Northwoods
52:52
poisoning, foster children, the list goes on and on the state
52:57
hates you. The government does not have Of
52:59
your best intentioned and shouts out to Wine.
53:02
This is from our account at Bitcoin kindergarten, egos born
53:05
too, late to own property, born too soon to be a team Tick-Tock
53:09
stuff. But born just in time to be a
53:11
whole Corner, get some horns on that one.
53:15
And I got chair force in here. Double hence, why I tagged him
53:17
in our post and he goes in response to a Bitcoin magazine
53:22
post about Latin American Investment Bank allowing
53:26
withdrawals chair Force goes my big I'm with a big score long
53:31
square into cold storage and Bitcoin Bitcoin owners that
53:35
don't sell fast Eddie if you don't self custody, it's not
53:38
your Bitcoin. This is the meme that I will
53:40
push. Hold your keys, not your keys,
53:43
not your Bitcoin. Again, I added chair force, one
53:46
was for yesterday and one was today because I am pretty sure.
53:49
We all saw this meme on Twitter and it's the opposite of the the
53:53
that one bro, talking to the girl the blond girl.
53:55
And it's like bro talk about Bitcoin.
53:57
So we got the updated version Asian, the female version and it
54:00
got, bro. He told me that he had 6.15
54:03
Bitcoin, but there's no way that's true because he wouldn't
54:05
take me to Applebee's. I'm never dating a bit Corner
54:08
again, bro. Yeah, bit Corners are cheap out
54:12
there for a reason. You need to lower your time,
54:15
preference and Save in Bitcoin. And then guys, yesterday we drop
54:19
this article hundred years of failure, time to End the Fed.
54:22
So the Centre of Central Banking and Central planning has
54:24
coincided with the century of war.
54:26
War is a racket. And so a Central Banking Taps
54:29
out to our boys set for life. He's dropping fire.
54:31
Make sure you go subscribe to our simply Bitcoin dot news.
54:36
And this is the meme for today at 21 underscore million
54:40
underscore BTC. And he just goes hashtag and the
54:43
fed, and it's a helmet, you know, Army infantry helmet with
54:47
End, the Fed Bitcoin Infinity, divided by 21 million, and some
54:52
a are bullets. Amazing.
54:55
Love this meme. Really thought it was a great
54:57
memes. We had some great Scores today
55:00
and I have a few things on my desk.
55:04
I don't know which one I should do, but everyone's asking about
55:08
opt he's breakfast. So, here is my half eaten
55:11
breakfast that I didn't finish because I tried to scarf it down
55:15
before the show. It's some Migos and pinto beans,
55:19
and some potatoes. It's delicious now it's cold and
55:22
I will eat it after the show. Anyways, Nica, what is your mean
55:25
review score? Yeah, of course you would, man?
55:30
Of course, you'd be having a Mexican breakfast.
55:32
Okay. That's right.
55:33
Oldest. I'm Hispanic brother.
55:36
I could say it. Ha, ha ha.
55:39
That is one I can make the Hispanic jokes anyways.
55:43
Okay, so I'm going to give it a cloud filter box.
55:47
This is the box that my cloud filter came in.
55:49
I was so excited that even get a box cutter.
55:52
I just ripped it, like a Savage, if you don't know what a cloud
55:55
filter is You know until I got this Mike but a make apparently
56:00
it makes the mic. Super smooth, super clean.
56:03
Anyways guys, we want to know what would you give those memes?
56:06
Let us know down in the comment and the live chat and force me
56:12
and Opti to read the meme scores.
56:17
Okay, let's start with Becca Becca Becca, Becca first one,
56:21
Becca says, great memes. I give these memes a premium
56:24
Costco membership. That is a very well thought out
56:26
that door. I am building.
56:28
I am building. Andres my mean review, today is
56:34
Moon Boobity, boobity, boo daddy daddy.
56:40
Hmm. Interesting.
56:42
Lucky redfish I give these memes zero inflation.
56:45
That's impossible. Lucky.
56:46
Red fish that doesn't exist. All right.
56:48
Yellow. Oh, shout out to Yellow.
56:51
Why? Give it a Netflix deal?
56:53
Okay, good scores, yellow and Becca I give it to tip a little
56:58
Co the great, what kind of breakfast burritos Niko?
57:05
He doesn't have any breakfast, he family that a I'm animating
57:08
faster. You gotta do it.
57:11
You gotta do it. Okay, Z logic.
57:13
I give it a Bitcoin stork Bitcoins first baby s rust in
57:18
Ruston. Gives it a.
57:19
I go with a bottle of soy sauce. Alright, good score.
57:23
BTC pins. I give those memes.
57:25
Just the tip. What you're used to making a
57:30
tip. Has bro.
57:31
Boom, at it, man. Listen, I like that immature.
57:34
I like guac, I like not that. I like Queso blanco.
57:38
I have no idea what the fuck sometimes eggs in there is
57:41
delicious but I have no idea what, what is bro?
57:44
Maybe, I've spent way too much time in Miami getting away from
57:47
my roots, but hopefully, on the, this will educate.
57:50
Our people are being on being a vitamin.
57:52
I know, I feel like a lot, but, right now, I feel like, like,
57:55
I'm a fake one. I'm a my it's, you know, what it
57:57
is? I'm a Shit coin Venezuelan?
57:59
Because I'm a Miami Venezuelan. You know, it's not it's not the
58:02
full authentic Venezuelan. Anyways guys, thank you so much
58:08
for joining the meme review. I want to give a shout out to
58:10
Simply Bitcoin, unfiltered, we have a legendary writer.
58:13
He's been dropping awesome articles over the week,
58:17
definitely want to go check it out.
58:19
Subscribe to our sub. Stack, somebody deleted, have R
58:21
sub sec. I don't know what happened, just
58:23
disappeared anyway so make sure that you're subscribed.
58:26
You might have been unsubscribe, go check.
58:28
Out Simply Bitcoin dot news check out Simply Bitcoin
58:31
unfiltered we had articles on the Federal Reserve we had
58:34
articles on the ESG, Larry Fink bullshit.
58:38
We uncover it also go, check out, Simply Bitcoins, awesome
58:42
telegram group. That's where you could link us,
58:44
your Bitcoin memes so that we could review them on the meme on
58:48
the show. It literally free.
58:50
It takes two seconds. Just click the link, but anyways
58:53
Opti, I think there was a software release today.
58:56
Why don't we check it out? Bitcoin software release,
59:00
brought to you by Cipher safe, don't be that person.
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eaten by dogs or cats or animals.
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If you store it on paper, you definitely want to store your
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seed on steel and there's no better place to do it than the
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59:28
All right as well. I am a little surprised that we
59:32
added this when he Co considering.
59:34
You went full scorched Earth in the past, but we got Wasabi
59:37
wallet version 2.0 .13. And as you can see, man, there's
59:42
some minor releases including the dependency updates and a
59:44
hardware interface reduces the number of coins and coin wallet.
59:48
Will generate? No, no.
59:49
Don't use the coin Choi. Use it for the wallet, though.
59:52
He's rossabi for you. They Blacklist certain
59:55
addresses, they're working for the government.
59:58
This is why I'm surprised that it was added here but it is a it
1:00:01
is a good wallet though. It is a great - connects over
1:00:04
tour. It is a good wallet but don't
1:00:06
use the coin joint use Samurai if you're going to do that, if
1:00:10
you don't know, they started blacklisting certain addresses.
1:00:13
I suspect they're trying to they're trying to prep for the
1:00:16
inevitable. We saw it with tornado cash.
1:00:19
It's coming. So I think that they tried to
1:00:22
brace themselves where I think they got it wrong, right.
1:00:25
Is that the government doesn't just Take a fingertip, they take
1:00:29
the entire hand, right? So why would you preemptively do
1:00:33
that? Aren't you supposed to be a bit
1:00:35
coiner? That system of exclusion deemed
1:00:38
half the planet on bankable because of that where they
1:00:41
happen to be born, right? And I think that's wrong, but
1:00:43
the wall is still very good. It does connect to it.
1:00:46
Does connect to Tor and I think that's pretty good.
1:00:49
Anyways, I also want to give a shout-out to our awesome sponsor
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it's just because it's comfy, as comfy as shit.
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It's awesome, definitely want to go check it out.
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LTD.com. Alright guys, that was our show.
1:01:26
Thank you so much for joining. Joining us on another episode of
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Simply Bitcoin live. It really helps us is you smash
1:01:32
that like button? If you subscribe, if you feel
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like this this content, or this channel has provided you value.
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That also helps us to. And of course we will see you
1:01:41
tomorrow at 12:15 p.m. Eastern Standard Time for
1:01:45
another episode of Simply freaking Bitcoin simple just buy
1:01:51
Bitcoin. Which one's the best crypto
1:02:07
asset will Bitcoins the best crypto as okay, what's the
1:02:10
second best? There is no second best.