Latest / Simply Bitcoin / Jack Mallers & Jack Dorsey Are In Africa Spreading Bitcoin | EP 632

Transcript

Jack Mallers & Jack Dorsey Are In Africa Spreading Bitcoin | EP 632 · Simply Bitcoin

0:15
Yo, today is December 6th. 6th 2022.
0:19
Welcome to Simply Bitcoin live. Are your number one source, for
0:22
the peaceful Bitcoin Revolution that were bringing use culture
0:25
me. Matic Warfare, we will be your
0:26
guide through the separation of money and state.
0:29
Very special show lined up for you guys today, Jack, Dorsey and
0:33
Jack mahler's are in Africa and they're definitely spreading the
0:37
Bitcoin gospel. I've been telling you guys,
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right, the Bitcoin Revolution is really going to happen.
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In countries and places that are incentivized by something other
0:50
than speculation to adopt Bitcoin.
0:53
And I think whether that's Central America, South America
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Africa just because they're local Fiat currencies are such
1:00
garbage. People really see Bitcoin and
1:04
they see Bitcoin not as a speculation which is the reason
1:08
that we see this, most of the reason that we see Bitcoin in
1:11
the west, we see it from that lens, right?
1:13
Like, oh, this is great, but they see it because they don't
1:16
have an alternative, right? So it's about whether they can
1:19
put food on the table or not, right?
1:21
And what, what is that, but not the best incentive, right?
1:25
So we're going to talk about that today.
1:26
We also have the one the only the Big, Sean Harris.
1:31
How you doing buddy? Towing great, man, I'm excited
1:34
to be here on the best Daily Show in Bitcoin, simply Bitcoin,
1:40
with Nico and Opti. I'm so pumped Be here.
1:43
Let's go. Let's go speaking of Opti always
1:46
optimistic. Drinking the water.
1:48
How you doing opting? What's up guys, man, you know
1:52
it's a good day when we got Big, Sean Harris on the show, he is
1:56
not only the goat of memes out there.
1:59
But he is a fan of what I like to call the life philosophy of
2:05
proof of work. So you already know that today's
2:07
culture is going to be morphed around all of Big Sean's wisdom
2:12
on. Twitter because man he just
2:14
lives proof of work. So I think this is a good
2:16
example of what I tried to say every single day, man.
2:19
Be a shining example of being a Bitcoin ER and Big Sean is one
2:23
of those people. So shouts out to you, bro.
2:25
Awesome. Yeah, I'm really excited.
2:27
All right everybody, let's start the show.
2:29
Let's do this. The Bitcoin numbers brought to
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All right, at the time of recording, the Bitcoin price is
3:01
sixteen thousand. Nine hundred fifty cents per
3:03
dollar were at 5900 block height, 760 6169, reachable
3:09
Bitcoin nodes. 15100 five blocks to the having 70 3831 having
3:16
estimate. April 25th, 2024.
3:19
Total lightning network capacity. 5070 Bitcoin roughly
3:23
86 million u.s. dollars realized monetary inflation Bitcoin can
3:27
take continues to take Fiat currencies to Salud School
3:31
sitting pretty at one point seven six percent and the market
3:34
capitalization of Bitcoin right now we're sitting at 326 billion
3:41
dollars man. It's awesome.
3:43
Anyways, we had this awesome Bitcoin Iran simply a long time
3:47
ago, like, six seven months ago, and he spoke at the.
3:52
I do not want to butcher the name, so I'm going to pull it up
3:57
because Nico has a tendency of doing that.
4:00
He spoke at the Africa Bitcoin conference and there was a lot
4:05
of other people there as well, right?
4:08
We're going to get to that during the news, but the name of
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the gentleman is abubakar and he was dropping the hot sauce when
4:16
he came on simply and he said something at the Africa Bitcoin
4:20
conference. That I think you guys would find
4:23
useful. Let's check out the clip and
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then we will talk about it. Things are immediately important
4:28
I think is. The value that you get from your
4:32
career path as well as how sustainable it is, like job
4:35
security wise for us specifically.
4:38
And I think if you're looking at the landscape of possible,
4:41
career choices, when it comes to bitcoin, I think is probably the
4:45
most, I guess the career pathway that has the most longevity
4:49
long-term because at the end of the day it's the tool that I
4:52
personally believe will lead us to Financial Freedom on the
4:55
continent. So if you think about it at that
4:57
sort of long time, Horizon it means the job that you're
5:01
getting right now, you're essentially keying into the
5:03
long-term bottle for Financial Freedom and I think that's
5:06
probably the most powerful, I guess point we could provide all
5:09
these highlight two people that are thinking about careers in
5:11
general which is if you want to really help how long-term the
5:15
easiest way is to actually get a Bitcoin career or a Bitcoin job,
5:18
really, if you really want to get into the fight for Financial
5:20
Freedom, Okay, some sauce, some soy sauce, I like that.
5:26
I agree. I mean I definitely took that
5:28
choice. Personally Opti kind of ran into
5:32
that Big Sean likes basketball. So he's gonna have to figure out
5:37
how to be in if not what when you finish Master Monaco, I know
5:42
this true. Everything is basketball, so
5:44
it's big, like, everything is basketball, so, you know, don't
5:47
worry about it. So when you, when you finish
5:51
playing Professional basketball. Big, Sean.
5:54
All right. Would you consider working a
5:55
bit? Hold on.
5:57
Of course, like it's like asking it's a gas.
6:00
Can, you know, is the world going to go towards the internet
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like the world's going towards Bitcoin?
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Everyone's gonna be working some type of Bitcoin job eventually I
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love that. Yeah, everything's, and I think
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abubakar, like, hit the nail on the head, right?
6:15
I'll okay. I you know, in the case of
6:17
myself, right? I started mining when I got into
6:20
Bitcoin that went pretty well. Then I started the simply
6:24
Bitcoin show that went pretty well and then you know that led
6:27
me to To where I work right now. It's the swan which is, you
6:31
know, crazy how many opportunities open up for you.
6:35
Especially if you you know you work your work, your butt off
6:39
you, work your tail off and you know you get on the mission,
6:42
right? You you're you spreading the
6:45
Bitcoin, the peaceful Bitcoin Revolution, man.
6:47
And I don't think that you need to be a developer.
6:51
I don't think that you need to have this crazy formal
6:53
background. I just think that you know, if
6:55
you if you commit to it But if you put and fall basketball, if
7:00
you commit to it, you put enough mental effort and energy into
7:04
something. I think that there's so many
7:06
opportunity in the spaceman. I can't count them and I think
7:10
he's a shining example of that. Well, thank you, I was going to
7:21
say, you know, basically Echo what he said, you know, Bitcoin
7:27
is the strongest money in the world and so therefore we should
7:31
be building on the strongest Foundation, which is Bitcoin.
7:34
It's like building a house on Solid Rock and it kind of
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reminds me of, you know, you kind of mentioned it already and
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it's it's the Dia of like the tech bubble idea where like Sean
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said, it himself like the internet has eaten the world and
7:53
everyone is Loosely related to the internet.
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And so if you want a future, you know, if you are young and
8:00
you're trying to build a career, I don't see why you wouldn't
8:04
want to choose Bitcoin right now.
8:05
Like we are in the beginning of May, in my opinion, the the
8:11
future of all of Humanity's. So if we can build something
8:14
right now and Bitcoin. Like not only is it going to be
8:17
a career but it's like a forever job.
8:19
Like I don't see Bitcoin slowing down.
8:22
I only see it becoming bigger and stronger and more integral
8:28
to society. And like, Big Sean said, you
8:30
know, everyone will be a bit koiner at some point, everyone
8:34
will touch Bitcoin in their normal everyday job and it's
8:37
only a matter of time. So yeah, man, if you guys are
8:40
young out there, if you guys are like me a millennial or younger,
8:44
definitely figure. The way to, you know, build a
8:48
side. Hustle.
8:48
Everyone loves their side hustles on the internet right
8:50
now in Bitcoin, and maybe one day, it will become your career
8:54
path. Like, man, again, like Mica
8:56
said, I somehow stumbled into this and I am more than happy
9:01
and excited and humbled about the fact that this is what I can
9:04
do. And and you know, God willing
9:07
and hopefully we build this so that we can do this for the rest
9:10
of our lives and continue to be the Bitcoin media source for you
9:13
guys and keep you guys up to date.
9:15
Like I'm I couldn't be more happier to be a Bitcoin ER, and
9:18
I've said in the past man being in Bitcoin has given me help.
9:23
It's changed my life Bitcoin, save my life and I can only hope
9:27
that we can spread that message for other people out there.
9:30
So, oh yeah. Hold on.
9:31
I got you mr. Robot says, Becca I am building.
9:36
I got you guys. Yes.
9:38
Continue to build on bitcoin because Bitcoin is that solid
9:41
foundation? And I don't know if you guys are
9:42
noticing out there, but the Fiat world isn't.
9:45
That solid foundation that Bitcoin is and so I mean if
9:49
you're if you're young and you want to build on something, I
9:51
definitely look into becoming a Bitcoin or building on bitcoin
9:55
or doing something in Bitcoin because it will be a long-term
9:58
job, it will be a career path. Just avoid the shit calling
10:01
done. You'll be good.
10:02
Can I? Yeah.
10:03
Can I depend real quick. I just wanted to see if you
10:06
don't have to be like a some type of Dev either.
10:08
Like you don't have to know everything about computers to
10:11
build on bitcoin. And I think that's where a lot
10:13
of people made. Miss the boat is they think hey
10:16
don't have any technical skills so I can't build on bitcoin but
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everything is going to get built on bitcoin.
10:21
So whatever you, whatever you do, whatever your foundation is
10:25
your background is you can use that to build on bitcoin.
10:28
You just have to think outside the box and and you can do it
10:31
100%. And I think that's the another
10:35
trap that you guys have to. I would recommend trying to
10:39
avoid is like the Bitcoin mentality is just totally.
10:45
Then the Fiat mentality. And I think that seeps into
10:48
every aspect of society, whether that's work, you know, your
10:54
career job. So it's like once you kind of
10:57
think like a Bitcoin, ER, then it's a lot more hopeful and the
11:01
opportunities really do open up, right?
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So, I don't know this, my to SATs my recommendation there.
11:08
But anyways, alright guys, we have a lot to talk about during
11:10
the news. I'm really excited, a lot of
11:13
stuff going on. Well, it is Bitcoin stuff.
11:15
F is how Bitcoin changed my wife seojun is oh man.
11:19
Oh man, oh man. All right everybody, let's check
11:21
out the news is to it. The Daily News brought to you by
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self custody of your Bitcoin. Alright, everybody, so it's
12:03
really interesting, I like, you know, when I initially ran into
12:07
this information, I thought it was more than what it was, but
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it turned out to be more than what I thought it was it.
12:13
I don't know if that makes sense.
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But so I tweeted this out, on Monday, said both Jack mahler's
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and Jack Dorsey have tweeted about Ghana and the last 24
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hours. What's going on over there?
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Jack said, finally back in God. Anna December 5th and Jack
12:25
mahler's said, just put just posted the the got the flag of
12:30
Ghana December 4th. And then SATs, Joseph, shout out
12:34
to him. He said the most interesting
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conference this year and then he tagged after afro Bitcoin or
12:42
krait which is the the Twitter account for them.
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So I went to go check him out. And dude, like talk about a
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crazy crazy lineup of speakers. You have re Yosef, he's a
12:55
founder and CEO of paxville. You have Jack Dorsey.
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Obviously, everyone know who Jack Dorsey is.
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You have OB, right? You have a book, are you have
13:05
Jack mahler's? You have Anita, right?
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You have you have dread, right? You have Mr. Dude, it just goes
13:15
on. I'm sure of missing.
13:16
A lot of people also have run with run with Bitcoin.
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I think I saw him there as well. Lilacs gladstein, right?
13:25
So this is crazy this Bitcoin conference and I didn't know.
13:28
Like I honestly, I don't know, which is why I tweeted what I
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tweeted and I found some quotes for you guys with someone to
13:33
check out. And then I think the very the
13:35
two big announcements which is Announcement by Jack mahler's
13:39
and then I'll Announcement by Jack Dorsey.
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So this is a quote from Jack Dorsey.
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I guess when he was on stage, it says the goal is to help the
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internet realize a native currency and helped the world
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realize a native. Wait, the goal is to help.
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Internet realizing native currency and help the world
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realize a native currency, an open money.
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We can all see. We can all trust.
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That's not controlled by a government or Corporation Jack
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Dorsey and sock about Bitcoin, but I think this is really the
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sauce. I think this is the signal and
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I'm going to break down as to why I believe that is so is an
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article by Bloomberg. The headline says Jack dorsey's,
14:17
block invest in renewable Bitcoin, miner grid lists in
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Africa. Goes on to say Jack dorsey's
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block. Pink is among the companies
14:25
contributing to a funding round for a Bitcoin miner in Africa
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fired by Renewable Power. Digital payments from block and
14:31
Venture Capital investor. Still Mark had led a two million
14:35
dollar seed investment in Grid lists a minor that harnesses
14:38
small scale renewable energy grids in rural Africa block said
14:42
in a December 6 statement. Bitcoin mining is an intention
14:45
energy-intensive process in which electricity guzzling
14:48
computers. I love how they frame that
14:50
secure the digital assets blockchain by validating
14:52
transaction data. Unlocking tokens as a reward in
14:55
return. Some studies estimate, that the
14:57
annual energy consumption. Here it is again involves
15:00
exceeds the amount entire countries like Belgium use goes
15:03
on to say the investment in blocks latest effort to push for
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sustainable and decentralized Mining operations.
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It has recruited venerable crypto mining engineers and
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managers to build out its mining unit and develop projects can
15:15
that can encourage individuals to mine.
15:17
Bitcoin most of the computing power for Bitcoin.
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Mining is currently from industrial scale centers grid
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lists seeks to This excess energy at small scale.
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Renewable Power sites in rural Africa.
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That out of this whole piece. I think that is the signal that
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one sentence that one phrase, right?
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I'm going to read it again. Grid lists seeks to harness, its
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excess energy at small scale. Renewable Power sites.
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In rural Africa, according to the statement as contracted five
15:45
project pilots, and Rural Kenya with hydrobox and African
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hydroelectric energy company. Three of which are currently
15:52
operational grid lists, Plans to expand to other parts of East
15:55
Africa in the near future. It said, mining profitability is
15:59
heavily dependent on energy costs.
16:01
The industry has been battered by persistent persistently, high
16:04
energy, electricity prices, a 66%, slide in Bitcoin, or the
16:08
past year and stiff competition, okay?
16:11
So first of all, let's talk about the framing framing is
16:14
bullshit. I gotta say that.
16:18
Wow, definitely trying to spin it a certain way, that's for
16:21
sure. Specifically.
16:23
A about, you know, Bitcoin miners, using as much energy as
16:27
Belgium. We all know that Bitcoin miners,
16:29
use excess energy. If it wasn't excess energy, it
16:33
would be too expensive for them to use that that specific power.
16:36
So, what they do is that they tend to flock to places that
16:40
produce excess energy, whether that's, you know, a damn,
16:43
whether you know, that's a nuclear power plant, right?
16:46
And that, that cheap excess energy is perfect for Bitcoin
16:49
Miners and that energy was already going to waste before
16:53
now. Don't people have figured out
16:55
because of Bitcoin? You could use that otherwise
16:58
wasted energy and you could somehow monetize it and you
17:01
monetize it with Bitcoin. Now the rule aspect I think that
17:07
is going to fundamentally change how humans organize how
17:10
societies are built because think about it.
17:14
Right? If you if it just because you're
17:17
this place in the remote, African savanna right here in
17:21
the middle of nowhere and you have abundant Energy resources.
17:25
That stuff is pretty much useless because it's too far
17:29
away. There's only there's a limit and
17:31
you lose efficiency if you transport electricity right
17:35
through the cables, right? So it's eat.
17:37
So you lose something right there isn't a good way.
17:40
So what happens is with energy production is as soon as you
17:43
manufacture soon as you make it you have to use it right then
17:46
and there right? And I think the reason that I
17:49
believe is going to change. Everything is for example, if
17:52
you're a In the middle of nowhere.
17:55
All of a sudden that abundant that abundant excluded energy
18:01
now has value because of Bitcoin.
18:04
And I think that this is the beginning of tapping in to some
18:08
of the most abundant excluded energy sources in the world and
18:13
then just how mining towns were built in Colorado and all over
18:17
the United States around, you know, these these mines and
18:20
they're eventually abandoned, I believe that you're going to see
18:23
towns. You're going to, you see
18:24
civilizations and small cities be built around abundant energy
18:28
sources because now they could potentially be really, really
18:32
good sites to mine, cheap Bitcoin, so, and I think that's
18:36
going to change everything. And I think it's gonna be, I
18:38
think it's gonna give opportunities to society cities
18:43
and towns that before. You know, they might be just
18:46
really poor because they're just excluded from the rest of the
18:49
world. Now, there's opportunity there
18:51
and that opportunity once again. Is coming from Bitcoin.
18:55
So very, very bullish, this news, and let's see where it
18:59
goes. I even though I might say that,
19:01
you know, in the grand scheme of things, I think two million
19:05
dollars for what they're trying to do is not that much not, not
19:08
that much money, but I think it is hopeful and I hope that
19:12
things continue to go in this direction.
19:14
Big Sean, what are your thoughts?
19:15
And then we'll move on to Opti. Yeah, I mean, it's just amazing
19:18
to think that you know, there's there's Villages or cities in
19:22
the middle of nowhere. And places like Africa, who may
19:25
have been cut off from the financial world, then now have a
19:28
chance and they don't have to find oil in there in the ground,
19:32
right? They don't have to find
19:33
something like that or gold or whatever it is that they would
19:36
find historically to make their City.
19:38
Have have some type of financial relevance.
19:41
All I have to find is, is do we have an energy source and if we
19:45
have an energy source, then we can mine Bitcoin and be plugged
19:50
into the financial world as Bitcoin continues.
19:53
Growth. And, and another interesting
19:55
thing is that article talked about, you know, Eastern Africa.
19:59
I've talked to Kyle Casa, who's, you know, he goes back and forth
20:03
from Ethiopia, he's Ethiopian and there's a big Dam in
20:08
Ethiopia, that's not even being used and so it'll be interesting
20:11
to see, you know, how many things are there like that.
20:14
And you're in Africa that aren't even being used at a power
20:17
source. Is that these countries can can
20:20
literally plug into the Bitcoin Network make Bitcoin Stronger
20:24
and make themselves more relevant and and not have to
20:28
rely on countries like France, who are holding them back and
20:32
maybe not Ethiopia, but other countries in West Africa that
20:35
have to go through. France, in are basically under
20:38
this colonialism financially because, France, they have to go
20:42
through France when I do any importing and exporting.
20:44
So I think all of these things are crazy important for
20:49
countries and people who have been held back and You know, a
20:54
lot of times we don't recognize this when we're living in that
20:56
it states but there's a lot of people that are going to benefit
20:59
extremely from Bitcoin of what it can provide for them 100%
21:03
Opti. I love that, take Shawn and then
21:07
just to add guys. Like we've been saying it for a
21:09
long time on the show that the adoption of Bitcoin by third
21:12
world countries is going to catapult these countries into a
21:15
more prosperous future and we're seeing it happen in real time
21:18
and and, you know, we are Americans and we are in the US
21:22
and the US has a lot to lose. If they don't start adopting
21:24
Bitcoin in a more productive way.
21:26
So it's like seeing more countries around the world, you
21:29
know, quote-unquote third world countries.
21:31
Adopting Bitcoin is definitely bullish for Bitcoin for, you
21:35
know, Humanity, like we like to talk about all the time.
21:38
But man, I hope that this puts I am an American.
21:41
I hope this does put pressure on our, you know, betters our
21:46
politicians and a the our Central Bankers to adopt Bitcoin
21:50
in a more in like a smarter. Because the way that it's
21:55
angling right now, it's looking like it's going to be bad for us
21:58
Americans, but Man packs was done a great job.
22:01
Educating people down there in Africa.
22:02
You know, the we we've talked about much encouraged and Aztec
22:05
oh and having how they penetrated?
22:07
Nine, countries down there and they don't even need internet.
22:09
All they need is their their mobile phone.
22:12
Like and now we're seeing strike expand to Nigeria Ghana and
22:15
Kenya and we have Jack, you know, investing in renewable,
22:21
mining energy sources like man, it's Really, really bullish to
22:25
be seeing this type of news, come out in the bear Market.
22:29
Obviously and we said it in the past, man.
22:31
The fact that people are investing in Bitcoin
22:34
infrastructure right now it's going to be an awesome bull
22:38
market. Once number comes back but this
22:40
did remind me of a point that Marshall and Adam made on the
22:43
simply Bitcoin IRL and when they were talking about how
22:46
impressive it will be ones, Bitcoin mining takes hold in
22:49
Africa because of what Nico is saying.
22:51
There's a lot of wasted energy and Industries that can be built
22:55
up around Bitcoin. Mining will a locks unlock so
22:57
much human potential that it's just it's absolutely awesome to
23:01
see these Bitcoin theories. You know, quote-unquote theories
23:04
that we always talk about in the game theory of Bitcoin.
23:06
Taking hold and Bitcoin actually helping humans and helping
23:10
Humanity at large and and it's doing what we say it does.
23:13
It's not just, you know, what people like to paint us
23:17
bitcoiners as being is as us as of us being first world,
23:21
financially privileged people, you know, just Just basically
23:24
speculating on bitcoin like people around the world are
23:26
seeing Bitcoin for what we know it to be, it's a hedge against
23:30
hyperinflation, it's a way for you to save.
23:33
It's a way for you to avoid the debasement by your government
23:37
and your your central banks and again, censorship resistant
23:41
money and also a way to tap into stranded energy sources, so
23:45
absolutely beautiful to see because guys Bitcoin is actually
23:49
helping planet Earth do not fall for the Fudd and the narrative
23:53
that it is. Because we're seeing it happen
23:55
in real time guys, and we bring the receipts every single day.
23:58
Absolutely. And another thing that I wanted
24:00
to mention, which I think is the other announcement, which I
24:02
think is kind of a big deal as well.
24:04
Right, let's check out the press release.
24:08
So it says strike launches lightning fast money transfers
24:11
to Africa. Strike the world's leading digit
24:13
digital payments platform Builds on Bitcoins.
24:15
Lightning Network today announced its send globally
24:18
feature enabling instant low payment, low-cost payments to
24:22
Africa strikes. Globally is available to all
24:25
strike users in the u.s. starting today with the initial
24:27
coverage for Nigeria Kenya Ghana quote high fees, slow settlement
24:31
lack of innovation. Cross-border payments have
24:33
negatively impacted to developing world with exorbitant
24:36
fees to transfer funds In and Out of Africa and coming
24:39
providers. Halting Services.
24:41
Payment companies are struggling to operate in Africa.
24:43
People cannot send money home to their families.
24:45
Trike offers an opportunity for people to transfer the US
24:48
Dollars, easily instantly across borders, partnered with African
24:52
payments platform, bit. Not To enable instant payments
24:55
to Africa. Now, using lightning rails under
24:57
the hood strikes. Send globally.
24:59
Feature provides users in the u.s. a cheaper faster more
25:02
Innovative way to instantly. Send payments to Africa is very
25:05
interesting. And now, if you compare this
25:12
United Nations press release which we covered, we've been
25:18
referring to this so many times, right?
25:20
The United Nations spells out actions to curb cryptocurrency,
25:23
He's in developing countries. And basically, this whole
25:26
article is talking about Out basically we must be incentivize
25:33
the adoption of cryptocurrency. So we know it's Bitcoin that's
25:37
the only one that you know, provides true Financial
25:39
sovereignty. They also touch on Staple coins
25:42
as well. This is a quote from the article
25:44
or or report. It says cryptocurrencies become
25:47
a widespread means of payment, even replace domestic
25:50
currencies. Unofficially.
25:51
A process called crypto cryptos ation.
25:55
This could jeopardize the monetary sovereignty of
25:57
countries. I mean fine.
26:00
Who's benefiting from that quote.
26:02
Monetary sovereignty is the Sean Harris touched upon it earlier,
26:06
right? When when you said when you said
26:10
that it basically a lot of countries are basically in a new
26:14
form of neocolonialism through the Central African Frank,
26:17
right? Which it's actually France that
26:19
controls that monetary policy and you could make the argument
26:23
that is that really monetary sovereignty.
26:26
Like is else odd. Does it does.
26:28
El Salvador have more or more? More or less monetary
26:31
sovereignty. Now that it has, you know, added
26:34
Bitcoin as legal tender because before their monetary policy was
26:38
solely dictated by the United States.
26:40
Oh, do they really are? They really sincere when they're
26:43
saying monetary sovereignty? And then they do mention the
26:46
reasons to why people are opting out.
26:49
They mentioned, you know, remittance payments.
26:52
They mention also inflation and basically, they're still to
26:57
this, our Central Bank, digital currencies, right?
27:00
As the painting on a nation, a national National capabilities
27:03
and needs monetary authorities could provide a central bank,
27:05
digital currency or more readily a fast retail payment system,
27:09
but that doesn't solve the fundamental problem.
27:12
And I think the proof is in the pudding and here is this, you
27:15
know, this medium article by a buyer friends, over a treasure
27:19
And the name of the article is what's fueling Bitcoin adoption
27:21
Nigeria. And we've talked about Nigeria
27:23
many times on this show because Nigeria, is really interesting
27:25
because it's estimated that around 30 percent of the
27:27
Nigerian population, specifically, the youth
27:29
population have already decided to opt out of their government
27:34
currency and in response the Nigerian Central Bank released a
27:40
central bank, digital currency right?
27:42
Which is you know the UN recommendation and the Central
27:45
Bank, digital currency is very unpopular not that Any people
27:49
have adopted it and compare that to bitcoin.
27:51
A lot of people have adopted and and then it kind of goes full
27:54
circle as to why why you think that is like why is that the
27:57
case? Right?
27:58
Well, the reason is simple. Central Bank, digital currencies
28:02
don't solve the fundamental problem.
28:05
That a lot of these people that live in these countries have to
28:08
endure, which is inflation. And it specifically in a lot of
28:12
these countries, they don't have single digit inflation.
28:14
They have double-digit inflation.
28:16
So, what better incentive to use something like Bitcoin versus a
28:22
CBC? Right?
28:23
A CDC doesn't solve the inflation problem and whether
28:27
it's the white house, right? Whether it's these reports by
28:29
the United Nations, Whether you know, it's a report by the ECB,
28:33
which, we covered last week, they're all focusing on making
28:36
payments better. But what's the point of making
28:39
payments better? If your country has 25 30, 40
28:43
percent inflation, like fine. Okay, great.
28:46
Like, I could receive this money faster but it doesn't solve the
28:50
fundamental issue and they always focus on.
28:54
We must stop the, the adoption of Bitcoin, but they don't
28:59
provide good. Alternatives.
29:01
And I think what I see with with with Jack mallers, In this case
29:05
is that he's actually providing an alternative and it's not even
29:08
necessarily using Bitcoin the commodity, it's just using the
29:11
Bitcoin Network, right? So, I'm seeing entrepreneur, I'm
29:15
seeing entrepreneurs and I'm seeing the private sector do,
29:20
what the what the private sector does and entrepreneurs fixing
29:23
problems and then I'm seeing the government and whatever, just
29:29
kind of listen we must use Pete. We must have people using
29:32
Central Bank digital currencies because right, but the it's not
29:36
really to benefit people. So and then kind of tie this in
29:42
with what we've been talking about, the theme of this
29:44
episode, which is this idea of Bitcoin and Africa, Bitcoin has
29:50
the potential to completely change that continent, right?
29:54
Get it out of the heels of, you know, in terms of the countries
29:58
that are using this, the Central African Frank.
30:00
Right. Get it out of the heels of
30:02
France and that neocolonialism Alex gladstein wrote an
30:06
excellent article. We're going to cover in the next
30:08
couple of days, right? And it's going to give these
30:11
countries and opportunity, right?
30:13
It's going to give the individuals of these companies
30:15
countries and opportunity. Why do you think people are
30:17
using something like Bitcoin because think about it, think
30:19
about all the Hoops that you need to jump through just to
30:22
receive money from from someone overseas, right?
30:27
Like good luck. If you're a Nigeria, receiving
30:29
money, from someone overseas, There isn't a good solution to
30:32
that right with Bitcoin. It's you know, if it's lightning
30:36
it's instantaneous if it's the main chain takes, you know,
30:39
roughly 10 minutes give or take right for that column for that
30:42
transaction to confirm and you can receive it.
30:45
And that person doesn't even know their name and think about
30:47
all the Economic Opportunity that comes with that, right?
30:50
If you're in Nigeria. Now, all of a sudden you can
30:53
offer work to someone overseas because they could pay you.
30:57
Now, before there was no, there was no good option for that.
31:00
So look, I hate the excuses from the war and hate is a strong
31:05
word but I'm going to use it. I hate the excuses from the IMF.
31:08
I hate the excuses from the World Bank.
31:10
I hate the excuses from the White House.
31:12
The reality is that Bitcoin fixes a lot of these things.
31:16
Unfortunately, for them it also it also makes individuals ask a
31:23
very important question, which I think is is a fundamental threat
31:26
to them, which is why are we being forced to?
31:30
Learn and receive and Save in a money that is designed to lose
31:36
value. And I think that question
31:38
becomes a lot more intense. If you live in a country that
31:42
has crazy inflation like Lebanon, right?
31:46
Why are we being forced to do that?
31:48
We're now, we have an alternative and that alternative
31:51
not only does it not lose value. In fact, your purchasing power
31:55
increases over time and that's a very difficult question for
31:58
them. They've been avoiding that
31:59
question, like the plague. They've just been focusing on.
32:02
We need to make better payments. Better payments doesn't fix
32:06
inflation. And I think that the, uh, the
32:09
people on the continent of Africa are going to be asked
32:13
this question a lot faster and they're going to opt out of
32:17
their systems. A lot quicker therefore benefit
32:20
from Bitcoin faster than people in the west because I think
32:23
people in the west are just bread and circuses, Manziel
32:28
PayPal venmo. It makes it very easy.
32:31
Now, they're trying to normalize, it's going up from 2%
32:34
to, like they're trying to normalize 34 percent inflation.
32:37
You're still being stolen from in the west but the theft is at
32:42
such a rate that perhaps, it's not that noticeable but it's
32:46
still there. Anyway, Sean yellow yellow has
32:50
spoken. Once he wants you to speak.
32:52
What are your thoughts on all this, bro?
32:53
First of all I love the chat. Go you like the chat and simply
32:56
Bitcoin is amazing. And then what I'd have to say is
32:59
people just naturally Really. It's biological you're going to
33:04
gravitate towards the hardest money and the reason is because
33:08
people want to save in the thing that's that's the best vehicle
33:13
for savings and and that's why people will gravitate towards
33:16
Bitcoin. You know, you see this, you see
33:20
this in these countries that are these third world countries
33:22
developing countries because they realized that there's a big
33:26
pain problem that they can't save in their local currency.
33:30
And so, when the These articles mentioned things like monetary
33:33
sovereignty who are they talking about?
33:36
Where are they talking about? The sovereignty of monetary
33:39
sovereignty of the countries or the modern or the monetary
33:42
monetary sovereignty of the people.
33:44
And I think that's the biggest thing to focus on is that each
33:47
individual person gains monetary sovereignty through Bitcoin?
33:51
They don't gain like I don't gain monetary monetary
33:54
sovereignty by holding dollars because I'm American or by
33:58
holding whatever whatever currency that I I live in
34:01
whatever country that I live in their local currency and I think
34:04
that's something really important to focus on is, is
34:07
these are just words that are being thrown around without any
34:10
meaning behind them and, you know, and to recognize what is
34:14
true, monetary sovereignty. It's being able to earn earn
34:18
money to keep my money and to be able to save in that.
34:21
And if I can't save in a currency in the country that I
34:25
live in, then then essentially I'm a slave because I can't, I
34:29
can't hold. Money long enough to actually
34:32
buy something and if I don't and I can't buy things that matter
34:36
then I have no ownership and if have no ownership, then I'm a
34:39
slave because I don't have rights to ownership.
34:42
And I think that's one of the biggest things that's going on
34:44
is that we're seeing is is that the CDC is essentially taking
34:50
away rights of ownership. There's they're going to put,
34:52
they're going to put limits or expiration dates on your money
34:56
and and that's what you have with inflation.
34:59
Inflation is essentially is is an expiration date on your money
35:03
because what it tells you is, if you hold on to your money long
35:07
enough, it's going to be the base so much that it expires
35:10
that it's worth noting. And and that's what inflation
35:13
is. It's an expiration date on your
35:15
money, which turns you into a financial slave because you
35:19
can't have rights of ownership. And that's what Bitcoin solves,
35:22
absolutely. And, and, and you hit the nail
35:27
on the head, right? Specifically, like, Think about
35:31
it, right in a country that has double digit inflation.
35:37
How do you own something, right? It's how do you, how do you?
35:41
It's very difficult, right? It's very difficult to just just
35:44
transact, right? And I think that Bitcoin really
35:48
protects your property, like nothing else, man, that there's
35:51
nothing else, that could protect your bikila is protect your big,
35:55
your property like Bitcoin. Like it's just like, it's a
35:58
complete contracts and I think, That history has shown that
36:03
private ownership is very, very good for economies man and I
36:08
think that most of the world hasn't had that privilege.
36:12
They weren't able to do that effectively without the fear of
36:16
confiscation without the fear of debasement I think Bitcoin
36:19
fundamentally changes. This anyways Opti.
36:22
What are your thoughts and then we'll move on to the culture.
36:25
Well you know I love seeing the adoption of Bitcoin Africa and I
36:28
love that you brought up the the the point of Nigeria's a narrow
36:32
cbc's and we talk about it all the time about the fact that
36:36
when they try to roll out their CBD, see they always frame it in
36:39
one way and it better payment. And we know why people are
36:43
adopting Bitcoin is because people are tired of getting
36:46
debased. People are tired of these high
36:48
inflation rates and it's starting to look like Bitcoin or
36:52
I mean Africa is becoming the Bitcoin continent, you know.
36:55
And you love to see it and I can't wait to see this.
36:57
Take hold in more countries and we Yup.
37:00
That was it the untested the UN article all the time and man it
37:07
just it's just further proof that the UN does not care about
37:10
you. You know, they don't care about
37:11
your savings, they will frame this in any way to try to
37:15
maintain control, but we understand what's going on over
37:18
here as bitcoiners because we have disintermediated money, we
37:22
have literally taking the power of the money printer out of
37:25
their hand and all we simply want to do is just be able to
37:29
hold a money. That we can save in that doesn't
37:31
rob a slowly that we can send wherever we want.
37:35
Yeah, exactly the untagged prosperity for all.
37:38
There's only one money that is truly prosperity for all and
37:41
that is Bitcoin and this is why countries around the world are
37:45
adopting Bitcoin. And this is why you know, First
37:48
World countries and totalitarian countries are doing their best
37:51
to try to ban Bitcoin. But you can't ban Bitcoin, you
37:53
can only ban yourself and your citizens from Bitcoin and the
37:57
free market will take hold. And you know, people will adopt
38:00
Bitcoin because it's an opt-in system by individuals and
38:03
individuals that still have a brain that still have some sense
38:06
of critical thinking will save in the best money and Bitcoin is
38:10
that best money. So we're just seeing this happen
38:13
in real time guys and it's just beautiful to be a part of it.
38:16
It's amazing to be on the front lines with you guys and continue
38:19
to cover this stuff because it's happening guys.
38:22
Like the world is adopting Bitcoin.
38:23
It may be slower than we like, but man, it's the depth of the
38:26
bear market and we are seeing all kinds of adoption around the
38:29
world. And it's only a matter of time
38:31
until these monetary demons have been completely defunded because
38:36
individuals has taken back their money.
38:38
So, and and just to add on to what Sean, so I can't really add
38:42
on, but I really love that Meme. You said, inflation is just
38:45
money with an expiration day. That's a, that's a solid solid
38:49
framing that I think I'm going to steal from here, on out.
38:52
Shuts out to you, bro. Amen.
38:53
All right, everybody. Let's get some culture.
38:57
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Anyways Opti, what do you have for us today bro?
39:50
Oops, wrong one wrong one. All right guys.
39:54
Sean Harris starts every morning with one of the greatest memes.
39:58
Good morning crypto is slavery. But this isn't what we're going
40:01
to talk about. This is just to continue to beat
40:04
the drum of there's Bitcoin and there is shit coin.
40:07
But as I told you guys in the beginning me and Sean go back
40:11
and forth all the time on Twitter because I know him to be
40:15
Big, Sean Harris, the professional basketball player,
40:18
and I go back and forth. I used to play sports so I live
40:22
by the idea of proof of work and I've been I'm saying to you guys
40:25
for a long time that proof of work is much more than just
40:28
Bitcoin mining. It is a life philosophy.
40:30
And as a professional athlete Big, Sean Harris has all kinds
40:34
of wisdoms in regard to what? This idea proof of work as a
40:37
life philosophy, really means? But one of his best memes that
40:40
have gone around on Twitter, is everything is basketball so Big.
40:44
Sean, maybe you can jump in here and what do you mean?
40:47
When you say everything is basketball?
40:49
And I do have some more, some more of your, your wisdom on
40:52
Twitter. But for those listening in the
40:54
Yes, spaces. What, where are you going with
40:57
this idea? Of everything is basketball.
41:00
Well, the matter of the fact is that everything is basketball
41:03
and if you and I don't have the time to, if you don't get it, if
41:07
you don't understand it, I don't have the time to explain love
41:12
it. I absolutely love it.
41:14
Okay guys, well this next one. Oh wait, hold on.
41:18
You were just talking about something very, very good on the
41:22
show. And I found this tweet and I
41:25
think it's only fitting that we jump into this.
41:27
So first, this is a response to a tweet by laser.
41:30
ER or hot awake to bitcoin and goes money is not a belief
41:34
system, it is coordinating tool with measurable properties.
41:36
Good money as good properties. Even when everybody doesn't
41:39
believe in it yet and Big Sean responds with a dart and he
41:43
goes, money is not money because we all decide on it.
41:45
There are certain characters did some money that make one better
41:48
than another. So Sean as we kind of touched on
41:51
it in the News segment, what are these characteristics?
41:54
And as we can see, the world is waking up to this.
41:56
So for those that aren't deep down the rabbit hole like us,
42:00
Maybe you can do a little synopsis of.
42:02
What do you mean by this tweet right here?
42:04
Yeah, exactly. I think, you know, a lot of
42:06
people when you tell them that Bitcoin has money or you talk
42:08
about the history of money, why certain people have decided to
42:12
pick different money's? People think that the reason
42:16
that money is money, is because there's a belief system around
42:19
it and that we all believe that this is money.
42:22
So that's why it is. And that was a common
42:24
misconception that I fell into when I was first studying about
42:28
money and studying about Bitcoin and all these, Things because
42:31
you just, it's just it's just like the same narrative that you
42:34
hero, we all believe it's money. And that's why.
42:37
And that's not why the reason why money is exists is because
42:41
they're certain properties of money or certain characteristics
42:44
of money that are exhibited in better money's than other
42:47
monies. And, you know, some of those
42:49
money, some of those characteristics would be
42:51
durability, divisibility, portability.
42:56
And one of the biggest ones is scarcity and monies that are not
42:59
scarce Like the dollar end up being counterfeited and it being
43:05
manipulated at the base layer and when they beat and when
43:08
they're counterfeited and when, and when they manipulated like
43:12
that people lose trust in the money and the money gets debased
43:16
and it goes away. And that's what we've seen.
43:19
You know, if you read the Bitcoin standard, I want to
43:21
things that they talk about of the glass beads.
43:23
All right in in West Africa. And Portugal comes down and they
43:27
have a way of creating these glass beads.
43:29
And so Because it could create the glass beads that Africans
43:33
couldn't back in the day, then they manipulated their currency
43:37
and made everyone poor. And that's exactly what's going
43:39
on today. You know, whether you want to
43:42
call it quantitative, easing or money printing or
43:45
counterfeiting, that is exactly what the Federal Reserve.
43:48
The Central Bank United States is doing with the dollar is
43:50
there they are counterfeiting, the dollar and making everyone
43:54
else pour through the process. All right, this next one, I've
44:02
covered this on the culture segment but since I have you in
44:05
the flesh I'm gonna I'm gonna Mash to of your tweets together.
44:08
Two of your famous sayings together in my opinion.
44:10
The first one for those in the audio and for the spaces,
44:13
Bitcoin is not about me. It was not created for me to get
44:15
rich. Stop thinking about yourself
44:17
when you buy Bitcoin and start thinking of others.
44:19
It is our duty and I found this other one that I really love
44:24
could have been part of the meme review but it's so big John
44:27
Harris, quote, how you make your money is just as important as
44:30
how much money you make Bitcoin is honest money.
44:33
So Big, Sean Harris, what uh, what is this Zen philosophy?
44:38
You're talking about here and maybe you can elaborate for the
44:41
people out there, you have it. This is so the first the first
44:46
tweet that you showed is really something that you know Bitcoin
44:49
is not about me like Satoshi did not create Bitcoin is not
44:54
written in the white paper that he created bitcoin.
44:57
Going to get rich and it's not a speculation about me getting
45:00
rich or about any of us getting rich.
45:03
And the reason I tweeted that was, because I just got to the
45:07
point where, you know, we've slide so many of these OG
45:10
Heroes, quote-unquote Heroes, like a Jameson Labs or pumps or
45:14
whoever. When I came into the to this
45:16
space and I was learning, there was a lot of people that I
45:19
thought were, were leading me down the right path.
45:22
And we're, but they really just cared about getting rich.
45:26
And because they, About getting rich and they thought that
45:29
Bitcoin was here to make them Rich.
45:31
Then they started to dabble in the altcoins and she'll what
45:36
everything they could, if they would get paid that money.
45:39
And so they were getting paid dishonest money, and if Bitcoin
45:43
is freedom money, then I shouldn't have to be getting
45:46
paid. I shouldn't have to be getting
45:48
paid or compromising my morals to to promote Bitcoin.
45:54
Because then I then I'm not free anymore.
45:56
And that's the The whole point of having Bitcoin is to be free.
45:59
And so, when you think about, when you think about all this
46:02
stuff, it was not created for me to get rich and it's our duty.
46:07
I look at it if I'm given this knowledge.
46:09
Well now it's my duty to help other people who are truly
46:12
looking for something that's real and of substance.
46:15
And because I was that I was that kid.
46:17
I was that person looking for the truth looking for, you know,
46:21
what is, where does Bitcoin Fallen all this?
46:24
And I was led down the wrong path for probably two years.
46:27
Until I finally could figure it all out.
46:30
And so it just it just upsets me and I get passionate about this
46:34
because there's people that should have led us in the
46:37
correct way. You do novogratz Rao pal, all of
46:40
these guys. And instead they decided to cash
46:44
out and that's what makes me mad and I'm going to keep pushing
46:47
and I'm going to push even harder because the people that
46:51
are out there that are searching for Bitcoin deserve to find it
46:56
bars, all right? We got one more and I'm going to
46:59
I'm going to use this tweak to go into the last thing that I
47:01
want to talk about here me and you kind of go back and forth a
47:06
lot on Twitter saying, essentially the same thing and
47:08
you put in a tweet here and you said be strong.
47:10
We are in the truth. The war is for the mine in
47:12
during the hard times with cheer to appreciate the good times and
47:15
I say this, as much as I can on this show, be a shining example
47:19
of being a bit cleaner. Stay positive, stay optimistic
47:22
but that's not the, that's not what I want to talk about.
47:26
We have to Being party in 2024. So in El Salvador and I know
47:31
Big, Sean Harris wants to show this, so guys, make sure you
47:35
make it there, but I'm going to give the floor for Big, Sean
47:38
Harris to talk about the having party again, like that.
47:42
Having to me, is one of the most important things.
47:44
It's so simple, and it's not something that's super hard to
47:48
understand, right? And I think that's one of the
47:50
important things about the having is, the having is this
47:54
thing where it's like, literally every four years, Half, you
47:58
know, the the amount of Bitcoin that gets mind or gets issued
48:01
gets cut in half and what that caused is is a price spike and
48:06
you see that every four years and there's these four year
48:09
Cycles in Bitcoin. And this is one of the things
48:12
that that I've been trying to tell people, you know, regular
48:15
people in my life that they that everyone knows about Bitcoin
48:19
now. But if you talk to people, they
48:21
don't really know about what the having is.
48:24
So if he's they say, oh, I think that Bitcoin is The or I think
48:27
it's interesting or whatever they have any idea that they
48:30
have about Bitcoin. And if you take it one step
48:33
further and go. What do you think about the
48:34
having their go? I don't even know what that is,
48:37
right? And so, it's not this thing
48:39
that's super hard to understand. And this is, this is what is
48:44
very important. It's a good signal for people
48:47
who haven't understood, what Bitcoin is yet.
48:49
So, the having we're having the having a party, we're having it
48:53
in Bitcoin country, El Salvador, because it's the only country
48:56
that is made. Bitcoin legal tender.
48:59
We're having that a awesome Resort over 500 rooms, and we're
49:04
inviting every Bitcoin to come down.
49:07
If you're interested in Bitcoin, you want to learn about Bitcoin,
49:10
you will. This will be less of a
49:11
conference more of a party type feel.
49:15
There's going to be unlimited food, unlimited drinks
49:18
alcoholic, not alcoholic. So the difference is, you know,
49:21
if you go to a conference in Miami or in LA or wherever you
49:26
pay, The conference you pay for your hotel.
49:29
And then you also are paying a ton for your drinks and for food
49:31
and whatever at the having party, it's going to be all
49:35
inclusive. So you don't have to worry about
49:36
any of that stuff. It's going to be awesome.
49:39
Tickets are not on sale yet, but go follow the having party
49:42
account. It's having party MF H.
49:45
Eh L VI NG party. MF so go follow it and we'll
49:49
keep you updated and it's going to be awesome.
49:52
We're going to get some of the best bitcoiners down there.
49:55
You know, we're going to get these two.
49:57
To these two fools from Simply Bitcoin down there.
49:59
And it's honestly, my next goal is to get buchelli to say, yes,
50:05
I've already met up in met with Max and Stacy down there.
50:08
We're getting Texas. Slim down there with the beef
50:11
initiative. Going to have some good beef
50:13
initiative. Beef down there is going to be
50:15
insane. Let's go.
50:17
I can't wait man. Had the having is upon us.
50:20
You guys better make it to El. Salvador actually Nico.
50:22
I know we're running a little late, but can we tell you're
50:25
having story? On on why you wanted to have him
50:28
party because I think it's kind of hilarious.
50:31
Yes. So the really the reason why is
50:32
because the last happening in 2020, I'm all excited for it.
50:38
I'm pumped. I'm like what we're going to do
50:40
was what's the deal? And then I get online and I'm
50:44
watching Anthony pump theano crack open a beer.
50:47
I'm like this is the lamest having ever.
50:50
Like we have to make this better.
50:52
This is the Olympics of Bitcoin. This is the World Cup of
50:55
Bitcoin. We have to do something special
50:58
and celebrate what the having is and what it means to bitcoin.
51:02
Let's go. Amen.
51:03
See you guys in 2024 and El Salvador.
51:06
Hell yeah. I'm so freaking pumps.
51:08
We will definitely be there. We will be live streaming from
51:12
El Salvador at that point. Snaps super, super bullish.
51:16
Anyways everybody, let's get to them in review.
51:20
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51:24
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51:26
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51:48
All right, guys. Already know.
51:49
This is the meme review. Drop your mean review.
51:51
Score in the chat, tweet for the bullet to memes are the
51:55
artillery and you guys are the Frontline soldiers.
51:57
Continue to spread the signal continue to get the cause of
52:00
action out there and continue to ridicule all the shit corners
52:04
and all the Fiat Maxis because Bitcoin is the way and everyone
52:09
will figure it out soon enough. Anyways, this first one first
52:12
meme is by Igor Pete, Petrov, probably butchered that and he
52:16
goes Sasha Toshi Nakamoto navigating time And I really
52:20
love. I really love what you're doing
52:21
Igor with these with this artistic take this this new Lane
52:25
that you're going bro. It's super awesome to see all
52:28
these takes. And as you guys for the space
52:30
watching, it's like this very Zen Satoshi Nakamoto with a
52:34
clock behind. I mean, he's got a big old
52:36
Bitcoin clock, best warrior piece on them and he's a wizard.
52:42
This next one is another Egor to another gig or take but this one
52:46
is posted by Michael sailor and he goes time for Bitcoin.
52:49
And it's again, this, this very awesome artistic take of Bitcoin
52:54
as time and Bitcoin being the clock that continues to push,
52:59
just into this bright, orange future.
53:01
And the next one is, there's a good one, this one's life in
53:06
jail and he goes me if the we've hired me and we got Klaus
53:09
Schwab, he goes be need more Bitcoin Fudd and we got
53:13
everyone's favorite one is violence, dude.
53:15
He goes my new thesis is titled Bitcoin a peer-to-peer A
53:19
full-auto nuke launcher with no safety switch.
53:21
And we got Chrissy chefs out. 2x Christine Lagarde and says, we
53:24
couldn't think of anything new. So we just said it's dead again.
53:27
And then we got Finn J over here or we could just quit start.
53:30
Providing real valid to society and save the proceeds in Bitcoin
53:34
and it's the meme where they throw them out the window
53:36
because they don't like what he's saying.
53:38
This is what we try to tell everyone in regards to bitcoin,
53:40
just provide the value and savings sets and your life will
53:43
be so much better. And then of course, I didn't
53:46
even know Nico was going to be talking about CBD sees a little
53:48
bit, but we Touch on this, in the new segment, in regards to
53:52
Nigeria's aneri and we drop this meme yesterday.
53:55
Cbc's be like how do you do fellow kids and always how do
53:59
you do better payments and Rave elevator added on top of any
54:03
goes Bitcoin only I don't care what they say.
54:05
I'm just as good as Bitcoin and I forget which movie this is but
54:09
it's CBC putting lipstick on them and oh wait is this a?
54:13
It's like a anyways, I'm blanking this next one shuts out
54:18
the dirty GI This one is hilarious and he goes once you
54:21
realize the implications of Bitcoin you will find a second
54:23
job to stock more shot at and he's got Jordan Peterson over
54:28
here cutting. There's monkeys hair and it's a
54:32
really bad Photoshop of it and that's why it makes it such a
54:35
good meme. Alright.
54:36
And this last one shouts out to me mean Bitcoin.
54:39
They're doing a great job with the memes out there and he goes
54:41
how Bitcoin works. And you can see the Bitcoin
54:45
Network and it's everyone that's just an orange and on
54:48
pseudonymous user Bitcoin saying.
54:50
Yes I verified everything. Yes, I verified everything and
54:53
they're all interconnected and everyone's verifying their
54:57
Bitcoin transactions, guys. This is why we tell you to run a
55:01
node verify your own transaction.
55:03
Stop trusting people and take their money back.
55:08
Anyways, for my meme review score, I'm going to give it page
55:14
97. Sign you are a bit corner is you
55:18
take every opportunity orange pill.
55:20
Someone if you pay in Bitcoin I'll take care of this other
55:23
cavity for you. No charge.
55:25
Shouts out to bitcoin for kitties 99 signs.
55:28
You are a Bitcoin Maxie. I will be using all of them
55:32
forever here on out because I am running out of storage.
55:35
Anyways. Big Sean, what did you score?
55:38
Any gonna go to score. I'm gonna give you this tore up,
55:41
2,000 pesos from the Dominican Republic.
55:44
Oh, Hold on, I got something now.
55:54
You think about money? I got some change here.
55:57
My give it a 1, a 1 Euro coin. Oh, whoo-hoo in exchange for
56:08
SATs. I should have exchanged every
56:09
SATs already overall shouldn't. We're all showing shit.
56:13
Yeah, we gotta we got score. We got actual scores today.
56:17
So we got add me. Next.
56:20
He goes 11 out of 10. We got Z logic, he says a
56:25
basketball out of 10. Let's see, let's see.
56:29
We got Old-school, Millennial, I give these memes a basketball.
56:36
We got rope over. Here, he goes rating.
56:39
Those memes Sean's, 100K sap payment to me for his team,
56:43
getting blown out. We got Igor, I give the memes
56:49
the best. Lnd rapper in town, okay?
56:52
Okay, Becca she goes. I write these memes with five
56:56
deflated. Basketballs that bad, dang.
57:00
Okay, Frank, aren't he goes? I give this meme, the three
57:03
penalty kicks, pain, Miss roof, roof, and mr.
57:08
Robot egos. Give those memes having party
57:11
with lesbian magician. Goga, I didn't read that one.
57:15
Sorry Nico. Anyways, this last one up.
57:19
These itty-bitty pleb e-club score in itty-bitty over 10.
57:24
Yes. Yes.
57:25
One last one by on the best and he goes 1 Min heco by Anders
57:30
Courtside. Yes if Know if, you know, you
57:33
know. All right, all right, all right.
57:35
Are we out of time? We are at a time, buzzer says.
57:39
So we are at a time, the buzzer says, so anyways.
57:42
Anyways guys, check out something Bitcoins kg group.
57:44
It's absolutely free. You gotta go to www.ah.mil /,
57:47
simply Bitcoin TV, that's where you can link us.
57:49
Bitcoin means review. Also, check out the written
57:51
version of this show written version of the show simply
57:54
Bitcoin, unfiltered, go to www.simpleandsensational.com
57:57
use. Shoutouts are all some writers
58:00
Rustin why Nick? Kiss paw.
58:03
Zach dropping the sauce all the time.
58:05
Anyways, Opti, do we have a software release, or yes?
58:09
I have a software. Release, not release.
58:11
All right, everybody. Let's check it out.
58:15
Bitcoin software release brought to you by Cipher safe, don't be
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58:43
Okay? Guys.
58:44
So for today's software release, we got BDK version, 0.25, Point
58:50
O, and it's going to prove sink time and if you guys don't know
58:54
the BTK Library aims to build a core building blocks for Bitcoin
58:57
wallets of any kind. So if you are a developer out
59:00
there, go get that new new and this release fixes slow sync
59:04
times and big script, Pub Keys table with sqlite.
59:08
The wallet raise hands height for the fully noted expert and
59:10
setting the network for keys in the key map.
59:12
When using descriptor Templates also added our new blockchain
59:16
and pneumonic examples, guys. So definitely go check out BDK
59:19
version 0.25. If you are a developer out there
59:24
building things because it is the bear market and bitcoiners
59:28
are definitely building. I am building.
59:30
Absolutely. Also want to give a very special
59:32
shout-out to our clothing. Sponsor Opti, you're going to be
59:34
the model Today. Show off the front show off the
59:37
back. Check it out.
59:38
It's the orange pill. Decentralized trust.
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No one, it's dope you can take advantage.
59:44
Of the promo code simply Dash Bitcoin to get a discount
59:48
represent LTD.com. I also want to give a very
59:51
special shout-out to our awesome.
59:53
Guest Big, Sean. Thank you for joining us today.
59:57
Why don't you tell everybody where they could find you on?
59:59
Tweet top. Yes on Twitter.
1:00:02
Big Sean Harris, SCA and right and you can just find me
1:00:07
anywhere else to write mean Factory.
1:00:09
We do the mean Factory podcast live Thursday's, 7:30 p.m.
1:00:14
And that's eastern time. You know, the having party would
1:00:17
not happen without the mean Factory.
1:00:19
So I'd be remiss to not mention everyone, everyone there.
1:00:22
It's going to be a blast and and just everyone come out come,
1:00:26
come check out our Salvador. Make the pilgrimage down there
1:00:29
and and Marcus playing Marcus. And I we also do bitcoiners
1:00:32
guide on Tuesdays so don't worry about that.
1:00:35
Just you know, just find me on Twitter and you'll see
1:00:39
everything. Awesome, Big Sean.
1:00:41
Thank you so much for joining us on simply Bitcoin live.
1:00:44
Alright guys, that was a show. If you enjoyed the show, you
1:00:45
know what to do. Smash that like button and
1:00:47
consider subscribing. If you feel like we provided you
1:00:49
Valley, but the number one thing you could do to help the
1:00:51
peaceful Bitcoin Revolution is share this content share it far
1:00:56
and wide. In fact share all Bitcoin
1:00:58
content get on the mission and of course guys if you want to
1:01:02
continue the party, we are running a Twitter spaces.
1:01:04
All the way to 2 p.m. with our friends over at Swan Bitcoin.
1:01:08
If you want to enter a chance to interact live with Opti Big,
1:01:12
Sean, I think he's going to be there as Well, unfortunately, I
1:01:14
can't make it today but I will, I will be there tomorrow.
1:01:18
So yeah, join the simply Bitcoin spaces.
1:01:20
It's a party Opti. Holds it down.
1:01:22
We love you all and we'll see you tomorrow for a brand new
1:01:25
episode of Simply Bitcoin live.