Latest / Simply Bitcoin / Michael Saylor: You Are Still Early to Bitcoin | EP 631
Transcript
- 0:19Yo, today is December 5th, 2022. Holy oh man, things these are
- 0:25going fast. It's already December 5th.
- 0:27Welcome to Simply Bitcoin live your number one source for the
- 0:30peaceful. Bitcoin Revolution would cover
- 0:31breaking news culture of Ematic Warfare.
- 0:33We will be your guide through the separation of money and stay
- 0:37and that's exactly what we're living through.
- 0:39Anyways very interesting tweet from Chad sailor.
- 0:42Michael sailor. You released a poll we're going
- 0:46to get to it during the news but The signal there is though, what
- 0:51you can surmise, what could, what information you can get
- 0:54from that pole. And honestly, it was very
- 0:56surprising to me as well because Supposedly like what do you
- 1:03think the people following sailor into Bitcoin?
- 1:06Like I don't know. Interesting, so we're going to
- 1:08get into that haven't been this bullish in a while and also some
- 1:13clown news there re trying to justify higher expectations for
- 1:18inflation, right? And again if you compare the
- 1:21inflation rate of Bitcoin with the fiat currency or Fiat
- 1:25currencies regular inflation rate, it's literally night and
- 1:29day. So yeah, Bitcoin continues to
- 1:32win some sauce from Michael's sailor and I'm really excited.
- 1:37I don't even know, I don't even know we're going to cover during
- 1:39the culture but I want to give I want to reduce my legendary
- 1:42Cohoes always optimistic. We're in the Bitcoin
- 1:45kindergarten kindergarten cap. Are you doing Opti?
- 1:48How you doing? I am doing wonderful.
- 1:51It is another Monday and we get to do Bitcoin content.
- 1:54How could it be bad? That's the only cop.
- 1:56I don't care that you do free advertising for People don't
- 2:01even know what it is, so shouts out to you for pointing it out,
- 2:04you know? But yeah man, the culture, our
- 2:07first and I'm excited to get, get the Neko Jones take on on
- 2:11the new segment today. And then on today, guys, on the
- 2:14culture, I got a little horror story for you guys.
- 2:17Got a phone call this weekend and I don't want to scare anyone
- 2:20but man, I feel bad. It will get into the culture.
- 2:25So a friend of mine, got wrecked and I want a PSA.
- 2:28We're going to do a PSA today on the culture.
- 2:30So So we'll get into it in the culture.
- 2:32All right, let's do this. Let's start the show everybody
- 2:34I'm really pumped, it's Monday, it's Monday, we got it.
- 2:37We have such strong. The Bitcoin members brought to
- 2:43you by not all at this point, you should be running your own
- 2:46Bitcoin note. If you don't use your own
- 2:48Bitcoin node, you're trusting someone else's run your own
- 2:51version of Bitcoin core. The lightning Network,
- 2:53whirlpool, and Dojo all from the comfort of your own home.
- 2:57And if your digital Nomad, you have absolutely no excuse
- 3:01because now you can run a novel through a virtual private
- 3:03server. Visit not L.E you today.
- 3:07All right, everybody at the time of recording, the Bitcoin price
- 3:09is 19,000 70s ads per dollar wet 5858, block height where it's
- 3:15seven hundred sixty, six thousand Seventeen reachable
- 3:18Bitcoin nodes. That's right.
- 3:20Ladies and gentlemen, I said it in the beginning.
- 3:22If you're not running your own Bitcoin node, you're trusting
- 3:25someone else's, you want the reachable Bitcoin nodes.
- 3:28You want that number to continue to go up?
- 3:30Of course you know there's kind of like hidden nodes like nodes
- 3:34that are listening, right? So I'm sure that number is a lot
- 3:37bigger but you want to be a part of that.
- 3:39You want to be Part of, you know, the Bitcoin Network right
- 3:42running know you could buy one or you could build one right
- 3:45anyways? Blocks The Happening where it's
- 3:4773 1983 having estimate April 25th, 2024.
- 3:53Total lightning network capacity were sitting at 5070 Bitcoin
- 3:57capacity value 86 million. U.s. dollars realized monetary
- 4:01inflation, 1.76 percent continuing to take Fiat
- 4:06currencies to Absolute school. They're To normalize above the
- 4:112% because we all know. Right.
- 4:13It's that 2% that two percent goal now it's really
- 4:16interesting, right? Because that 2% goal, it's like
- 4:19it's low enough where you don't notice right.
- 4:22And but now they're trying to justify that as as higher.
- 4:24But if you think about it it's 2% theft is that's when
- 4:28inflation is its theft right there, stealing your purchasing
- 4:32power to pay for themselves, right?
- 4:35Anyways, market capitalization where three hundred and twenty
- 4:37eight billion dollars and of course, you know, The Keynesian
- 4:40economics are going to try to justify.
- 4:42It's like we must you know, incentivize people to spend.
- 4:46So you must incentivize people to spend by stealing like
- 4:49basically, right? It's just it's a total clown
- 4:53show, Jeff boots at the best, right?
- 4:55Your inflation is not necessary. Now, I'm a big believer in that,
- 4:58you know, and I'm a big believer in that mostly sense.
- 5:01I've migrated to a Bitcoin standard.
- 5:03Now, I'm now at now it's just I'm 100% sure that's the case
- 5:08right before, you know, you just don't know.
- 5:10Now, I'm confident in that and I think that, I think now that you
- 5:15take away their abilities to inflate, effectively inflate
- 5:20people savings away effectively, now that people have an option,
- 5:24an alternative really to opt out in the first place, I think that
- 5:28will just become more and more apparent.
- 5:30I think before it was impossible to prove because governments
- 5:34were always able to control the money.
- 5:36What was that? Famous Hayek video.
- 5:38We must find a slide. Why, roundabout way and I think
- 5:42that I think Bitcoin really is that Sly, roundabout way.
- 5:45Anyways, I have of a clip for you guys.
- 5:48Legendary Tucker Carlson. Again, this comes out.
- 5:51We set it on last week's video. We had a video by the way.
- 5:55Popped off. Thanks, thanks to all you guys.
- 5:57Almost 7,000 views. We'd love you all.
- 6:00But we we posted the thing and we made in that, we made the
- 6:04case in that video that Tucker Carlson was orange.
- 6:07Pilled, I think at this point it's 100% confirmed.
- 6:10Also, historic moment we had Elon Musk hosters are going to a
- 6:15Twitter spaces on Friday. 100,000 people listening.
- 6:22And think about how historical is is like an Elon Musk has been
- 6:25tweeting about it? I've been making the case for
- 6:27it, right? You're watching not only the
- 6:29disintermediation of money and state, right to sorry, money and
- 6:32state. You're also watching the
- 6:33disintermediation of information, right?
- 6:36Twitter is allowing Millions upon millions of people, too.
- 6:39The ability, right? It gives them the ability to
- 6:42talk directly with each other peer-to-peer in a way, right?
- 6:46And I think Twitter space is a really good like to love that
- 6:49and it's awesome and you see Legacy Media trying to play
- 6:53catch-up and they'll release an article the next day where it's
- 6:56like its immediate right with this and it's just awesome to
- 6:59see. Anyways, let's check out this
- 7:00clip. It's Tucker and Ilan.
- 7:03See Investments big in a Bitcoin.
- 7:08Can you comment on freedom, to transact Bitcoin, lightning
- 7:12Twitter, anything we could we can look forward to.
- 7:18Well, you know, I think that's actually more powerful even than
- 7:27I think, controlling, or if you have control of the money
- 7:32monetary system and control it. His actions.
- 7:34You can literally stop someone on transactions.
- 7:37It seems like PayPal has straight pretty far from the
- 7:39path of that. Like, there have been bad.
- 7:42If anything else is seems to be moving in the direction of
- 7:45social credit and wear it and restricting transactions.
- 7:51And so that's that's that's concerning so and I can do think
- 7:55there is a role for crypto in the future without speaking to
- 8:00any big particular crypto coin as As a means of ensuring that
- 8:06the monetary system does not get completely corrupted, if you
- 8:10think she is to get provides competition to the fee.
- 8:13Apple system is that it's a Fiat system becomes overly
- 8:18restrictive and crypto will grow up like basically the powder
- 8:21that the Fiat system works. The best prominent character
- 8:26will be and the worst of the VR system becomes, the more crypto
- 8:30will grow. And in the big Corners have been
- 8:33saying this Right? That you on Ruddy long was
- 8:35saying, right? I think it's inevitable that
- 8:37it's going to get more and more corrupted and it's interesting
- 8:41because he mentioned the social credit system, he's mentioning,
- 8:44you know, he mentioned, the Central Bank, digital currencies
- 8:46and and that the beginning with Tucker Tucker.
- 8:49Right? The guy was talking about, like,
- 8:51oh yeah, cryptocurrency investment, and like, Tucker was
- 8:54like, I'm a big fan of Bitcoin, not crypto Bitcoin.
- 8:57I think he won is still in the 2017 phase, but it's interesting
- 9:01because we made the case for Are you guys last week in another
- 9:05video, right? That Twitter was going to
- 9:07potentially use Bitcoin as part of its payments platforms,
- 9:11because if it wasn't truly decentralized, it will
- 9:13inevitably be co-opted by the state.
- 9:15And that's exactly what happened with PayPal.
- 9:17Remember, PayPal's goal was to do what Bitcoin does that was
- 9:22its goal, but it was inevitably co-opted and turned into this
- 9:26Frankenstein creature, right? Also political activism not to
- 9:30mention that crazy. Find that they try to implement
- 9:33know. They took it back when the, when
- 9:35the Public's had a backlash and then when no one was looking,
- 9:38they snuck it in again into the policy, right?
- 9:41So, it's like that wasn't the original vision of PayPal that
- 9:44that was that was the result of it being co-opted by by, by by
- 9:51interested. Third parties, right?
- 9:55So yeah, man. But again, I think the signal
- 9:58there with Elon right is I think he's reaching the inevitable
- 10:01conclusion, you know to Use his words he said crypto Beyond oh
- 10:05it's Bitcoin right? You know it's going to continue
- 10:08to increase in popularity. As governments.
- 10:11Do what they do best because they're always going to want to
- 10:14do two things with government. Currencies with Fiat currencies,
- 10:18they're always going to want to control it and they're always
- 10:21going to want to debase it. That is inevitable that you
- 10:24can't change that right? And with Bitcoin its rules
- 10:28without rulers, you have to be okay with your worst enemy using
- 10:31this thing. Right?
- 10:33And Answer. So it's censorship resistant
- 10:35number one and number two, you can't debase it.
- 10:37There's 21 million period, right specifically if you take self
- 10:41custody, right? Because if you leave it on
- 10:43Exchange and they re hypothecated to create a paper
- 10:45Bitcoin, you're going to have another you are going to have
- 10:47FTX 2.0. Right.
- 10:49So yeah man but overall overall extremely bullish has me
- 10:53extremely bullish and I can't I can't mention this enough guys
- 10:57that spaces on Friday with Elon and 100,000 people.
- 11:01That was historical moment in The history of mankind.
- 11:04You have the richest man in the world able to talk to people
- 11:09directly, right. You don't know who those people
- 11:11are. That could be behind an anion
- 11:13account and that is like a Next Step because think about it.
- 11:17What's the next best thing along goes on?
- 11:19Joe Rogan or Elon goes on CNBC, that's an interview.
- 11:22You don't have a chance to interact you.
- 11:23Now you're listening to the guy in real time, answer real
- 11:26questions. And there is a couple questions
- 11:28during that interview ordering that spaces that he's straight
- 11:31up could not answer and you feel that Authenticity.
- 11:34You're like he's avoiding that or like this guy's a bit of a
- 11:37status or like this guy's a bit captured and it's like you hear
- 11:40it. It's unfiltered.
- 11:41It's raw. And I suspect that will gain
- 11:44more and more, and more and more in popularity and it all goes
- 11:47down to something. Like if you look at it on a
- 11:50fundamental level, this is the great disintermediation.
- 11:53This is what the internet is doing.
- 11:55This is what the sovereign individual.
- 11:56The theory in that book is coming to light, right?
- 11:59The in the internet is disintermediating, The
- 12:02Gatekeepers, whether it's a game A keepers of information or The
- 12:05Gatekeepers of money. And what's left is an empowers
- 12:09individual. The likes of which have never
- 12:10seen before and you're seeing the state fight back, right?
- 12:14That's why they're saying we must have misinformation boards.
- 12:17That's why they're saying Central Bank, digital
- 12:18currencies. That's their last hoorah at
- 12:21trying to keep on to that privilege, right?
- 12:24But I think they're going to fail.
- 12:25I think, I think incentives are much stronger than coercion and
- 12:30we definitely have incentives on our side.
- 12:32Anyways, Opti, what are your It's on all this bro.
- 12:34Are you as bullish as I am? Well, I stable tarded.
- 12:37So that's a doesn't totally different conversation but I
- 12:40missed this space by Elon and I really like that.
- 12:45That clip you did after college, then he's like, you know,
- 12:47low-key like I love Bitcoin. You see another, he's like just
- 12:52off the cuff. Like, yeah, I'm really into
- 12:53Bitcoin and it's like, oh, should I do?
- 12:55I'm big at the big. Yeah, Bitcoin just like, you
- 12:58know, under his breath and and it's like that's that that's the
- 13:00kind of things that most people will miss but To your point and
- 13:04just hearing that little snippet that you played, it's almost
- 13:07like Elon is finally coming around.
- 13:10It's almost like he's finally seeing the issues that we've
- 13:13been talking about for ever since he came out as a Dogecoin.
- 13:17ER, and it seems like considering everything.
- 13:20He's been going through with Twitter, like, he's on the verge
- 13:24of just like going, full Bitcoin.
- 13:26And, of course, there is the little caveat she said in there
- 13:28about, you know, the best crypto will win and, you know, like he
- 13:32doesn't want to, he still it's a Bitcoin out loud at least in
- 13:35this space or what have you, but it's almost like he's starting
- 13:38to get it's almost like he's starting to fully understand the
- 13:41issues at hand, considering that you know he is seemingly going
- 13:46to take Twitter for a free speech you know Free Speech
- 13:50fight and so we say it all the time Bitcoin is the Free Speech
- 13:52money and if he's really trying to do what he says he's going to
- 13:55do then and then it upon him to adopt Bitcoin in Twitter and of
- 14:01course there's a board and all that other stuff behind And the
- 14:03scenes, you know, corporate structure of Twitter where he
- 14:06can't just do things willy-nilly and just like add stuff because
- 14:08he wants to, but then he can't do ya.
- 14:11Private company exactly. So it seems like he's starting
- 14:15to get the issues that we talk about all the time and so you
- 14:17know I put it out on our YouTube over the weekend like is he is
- 14:22he actually in the fight for free speech because it seems
- 14:25like he's starting to get it. And of course people's
- 14:27incentives will lead you down certain paths but I mean it
- 14:31looks like he's slowly starting to Distance himself from the
- 14:34shit coronary and realizing that like, yes, if he really wants
- 14:37that Free Speech platform, then he will have to adopt Bitcoin.
- 14:42But hey, you know, it, the the let's see, the jury's still out.
- 14:48Jury is still out. We should we shall see it.
- 14:51But anyways, anyways, let's get to the news, big news today.
- 14:54Let's check it out. The Daily News brought to you by
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- 15:32All right, ladies and gentlemen, gonna dress the the title,
- 15:35right? I said up said, Michael sailor,
- 15:37you are still early to bitcoin. He didn't say that directly.
- 15:40Of course, he didn't say that directly.
- 15:41I mean, I think he definitely has said that directly many
- 15:43times, but that's not what I was referring to specifically what I
- 15:46was referring to specifically. And I think this poll has a
- 15:49tremendous amount of signal, right?
- 15:51So it says December 4th shows Sunday.
- 15:54It says the question is, do you have Have a Bitcoin wallet
- 15:56installed on your mobile phone. That supports lightning
- 16:00question. Mark.
- 16:02Very interesting. The vast majority of people said
- 16:06no. Only forty percent said yes.
- 16:10Now what's really interesting about this?
- 16:12And shout out to Alex post of Cafe Bitcoin and Swan and this
- 16:19swans Cafe Bitcoin, which is awesome.
- 16:22He said it, and he said it in the beginning, right?
- 16:24He said, when I brought this up earlier, he said, this is this
- 16:30tells you everything? Because I think we all like,
- 16:33think about the majority of people that, that that follow
- 16:35sailor. You could surmise.
- 16:37You could, you know, you could To make a speculation that the
- 16:40vast majority of our are them are bitcoiners or people that
- 16:43are into Bitcoin at least from an investment perspective.
- 16:47So I think it speaks volumes that the vast majority of people
- 16:52in this poll sixty percent. They don't they don't have a
- 16:56Bitcoin wallet or if they do have a Bitcoin wallet, they
- 16:59don't know if that Bitcoin wallet has lightning support in
- 17:01the first place. So that being said that tells me
- 17:06that we are still early AF. That's what that tells me, man.
- 17:11This is crazy. Dude II was I was very
- 17:14surprised. I thought this would I thought
- 17:16this would be flipped were yes, are 60% and know our our yes
- 17:22people. They have a mobile wallet with
- 17:24that support. Lighting and then know is the
- 17:2740%, but it was flipped. And that just tells me man.
- 17:30We're early people still don't understand.
- 17:32Self custody, people are still early to lightning, they don't
- 17:35understand lightning. For example, blue wallet is a
- 17:38very common wallet that people use and it has lightning.
- 17:42So I wonder what percentage of these people have blue wall
- 17:45installed but they just don't know how to interact with bit
- 17:48with with, with lightning is another question, man.
- 17:51But again, this makes me incredibly bullish.
- 17:55Specifically, if your class of 2020, I know that from an
- 18:00individual basis. You must feel like, you know, I
- 18:02missed the party, I completely disagree.
- 18:04I think the party is just starting, and I think this poll
- 18:08is just another example of that. Anyways, Opti, what are your
- 18:10thoughts? And then we'll move on.
- 18:12Well, I mean, I obviously believe that we are definitely
- 18:16early. I say it all the time, the
- 18:18Bitcoin price is a real-time metric of people's understanding
- 18:21of Bitcoin, and if people understood Bitcoin, the price
- 18:24would be a At higher, in my opinion right now and then to
- 18:29the pole point, you know? So it's if you look at the
- 18:31numbers, how many people voted like, this is a statistically
- 18:34relevant poll, with 55,000 people voting on Twitter.
- 18:37Obviously, it is a little biased.
- 18:39And, and just it's interesting to see considering I'm, you
- 18:45know, I don't know how many of sailors followers are just like
- 18:49Ardent bitcoiners, but I'd wonder what the results would be
- 18:53if he asked if people had Just a pure Bitcoin wallet on their on
- 18:57their phone as well. So it's interesting the results
- 19:00because I mean, people still on Twitter think that lightning is
- 19:03vaporware and we go out all the time and jokingly say like, you
- 19:08know, lightning it, simply Works guys like it's not paper where,
- 19:11you know, if you're into shit coin casino, you might not
- 19:13understand the amount of development on lightning and all
- 19:16the stuff going on around Bitcoin that people are using
- 19:19it. You know, I use lightning all
- 19:20the time. I basically all I use is
- 19:23lightning and and main chain. Bitcoin.
- 19:25But I wonder what the results would be if he asked if people
- 19:29just had a Bitcoin wallet because Nika.
- 19:33I'm hearing some background. Yeah, I think they
- 19:36automatically, you know, because hey if most of the people
- 19:40following sailor are, you know, purely bitcoiners?
- 19:43It might be and they might be different results.
- 19:46Have you just asked if you had a Bitcoin wallet on on their
- 19:49phone? But hey maybe a lot of
- 19:51bitcoiners still aren't using lightning and then they still
- 19:54just want to use my ancient. Maybe they're a bunch of Bitcoin
- 19:56Miners and they want to pay them for use so that we can keep them
- 20:00out of our galaxy. But hey, I belong.
- 20:03I agree with you, man. I do believe.
- 20:04We are early to bitcoin. Obviously, we are still only in
- 20:07the third having cycle and this is going to be, you know,
- 20:12decades if not centuries long experiment.
- 20:15So obviously we are early, man, and, you know, shout out to the
- 20:18people out there that are saying in the chat, you know, go use
- 20:20moon, go, use Phoenix, go use Breeze, wallet.
- 20:22These are the lightning while it's you should be using on your
- 20:25phone. If you want to easily onboard
- 20:27yourself to lightning 100% 100%, And what a beauty on, says it
- 20:32best, right? It has to be heh.
- 20:33Goal, Bitcoin wallets, right? It's Moon wallet, Satoshi.
- 20:37I think he says, and blue wallet, I think is a great
- 20:40example and I'm sure there's countless others.
- 20:42Anyways, getting into some of the news, this is just total
- 20:46clown world, right? Headline, Wall Street Journal.
- 20:49Well, must inflation be brought down all the way to two percent.
- 20:52That's right guys, the monetary demons.
- 20:55They don't they don't think 2% theft is enough.
- 20:59They want to justify more than 2%.
- 21:03Absolutely not. So check out the cope of this
- 21:05article and while I read it, I want you guys to internalize
- 21:09what the current realized monetary inflation rate of
- 21:12Bitcoin is, it's sitting pretty at one point seven six percent
- 21:16and the having ensures that that continue that number continues
- 21:19to go down. And while that's happening over,
- 21:21in Bitcoin, land in Fiat land, 2%, ain't enough.
- 21:26Now, we have to take it, we have to take it up a notch to 4%.
- 21:29Now, what's really tragic to this guy's is About who
- 21:33inflation Hurts the Most right inflation?
- 21:36Hurts, the lower and middle classes that don't have the
- 21:39means to save and assets. Therefore they don't benefit
- 21:42from ass inflation, right? If you if you you know if you've
- 21:47been living under a rock basically real estate prices
- 21:50have doubled in the last two years and it continues it could
- 21:53completely correlates with the amount of money that they're
- 21:56printing. So it's not even that the real
- 21:58estate that you're holding. Is going up in value.
- 22:03It's just it's just keeping value with the real rate of
- 22:06inflation in my opinion because we all know that they really rig
- 22:09the CPI. Anyways, goes on to say this
- 22:12past week. A string of data.
- 22:14No, no, it's it. First it says why must inflation
- 22:16be 2%? Is a question that obsessed
- 22:18Central Bankers back when inflation was stubbornly below,
- 22:21their favorite Target, this past week, a string of data has
- 22:24suggested that inflation is finally, on a downward Trend,
- 22:27the u.s. personal consumption expenditure price index,
- 22:29includes food, and Energy and the Federal Reserve preferred
- 22:33measure of in measure of inflation recorded.
- 22:35Its second smallest monthly increase for the year even as a
- 22:38consumer spending even as consumer spending jumped and job
- 22:42growth continued, meanwhile Eurozone inflation receded to
- 22:4510% in November suggesting, that October's 10.6 was the peak
- 22:50stocks have rallied especially after Fairman fed.
- 22:54Chairman Jerome, Powell said, Wednesday that interest rates
- 22:56will go up in smaller increments from now on, but also indicated
- 23:00that. Tightening is far from over
- 23:02indeed, Central Bankers. Don't ultimately care.
- 23:04If inflation stops Rising, they wanted to go down back to the 2%
- 23:08number. They are mandated to hit it.
- 23:10Underscores the misalignment between the interest and
- 23:13everybody else's, which should worry investors.
- 23:15So it's interesting. So it's, they're, they're
- 23:18they're angling it. I mean, it is the Wall Street
- 23:20Journal from the perspective of investors.
- 23:22Who what about everybody else? What if you don't have the means
- 23:27to be an investor. What about that, right?
- 23:30Like it's just it's absolute crazy to me and it kind of goes
- 23:36back to this concept of misaligned incentives, right in
- 23:40Bitcoin. Everyone's incentives are
- 23:42aligned everyone could win, right?
- 23:45Of course, Michael sailor has more purchasing power than you.
- 23:48But let's say, you know, you put in a hundred dollars, two
- 23:51hundred dollars into Bitcoin, whatever, you know, whatever you
- 23:53feel comfortable with, you know, you put it aside, you save it in
- 23:56Bitcoin, you're still gonna benefit in terms of Manages just
- 24:02the same as Michael sailor. When Bitcoin goes down, write
- 24:05it, you know, the sword Cuts both ways right Michael sailor
- 24:08because he has more purchasing power.
- 24:09He's going to be down a lot worse than you in Fiat wise, but
- 24:14in percentages, you guys are down.
- 24:15Roughly the same, right? So, I mean, it's just
- 24:20fascinating to me that you can have an entire article
- 24:23justifying 4% theft. That's, that makes it incredibly
- 24:28harder for the lower and middle class.
- 24:30Has. That's okay because investors
- 24:33are going to be hurt, you know? And it's like, look whatever
- 24:36whichever way you look at it. It's like in a system where few
- 24:41win and everybody loses versus a system where everybody could
- 24:46win, I don't know. I personally, I think Bitcoin is
- 24:50is a better system, it's more Equitable, it's more equal,
- 24:54right? Like their system is a scam,
- 24:56it's a system where a few Elite get to benefit.
- 25:00Fit Max Keiser, coined the term continuing airs and everybody
- 25:05else gets gets holding the bat. Look.
- 25:06The reality is if you're under the age of 35, you own nothing.
- 25:11And their propaganda is at this point where they're even telling
- 25:14you you're going not as like, not only, you know, nothing to
- 25:16have to tell you. You owe nothing and be happy,
- 25:18you have to be happy to like it's just and then who's going
- 25:21to own everything? They don't tell you that part.
- 25:25Anyways, Abdi, what are your thoughts bro?
- 25:28This is clown World confirmed. Well obviously but first Nico,
- 25:31you're not supposed to ask that question.
- 25:32Who owns everything. Obviously not us.
- 25:34So hey, stop thinking. Critically Micah's.
- 25:38Anyways, the amount of Copan this article like, man.
- 25:41It's insane. It's like, okay, you know, be
- 25:44okay with only losing a little bit more of your money guys.
- 25:47Like, it's okay, it's not that much.
- 25:49It's only, you know, two to four percent.
- 25:51It's not, it's not too big of a deal, guys.
- 25:53Be okay with getting robbed, just a little bit on.
- 25:55A little bit and it just brings me back to the simple questions
- 25:58that we try to ask here consistently since it came up to
- 26:02us, like about two months ago, it's like why are we being
- 26:05forced to use a money that is designed to steal from us?
- 26:07Why is this the status quo? And why is there a small cabal
- 26:10of people who control who we can and can't send money to like,
- 26:14who gave them this power? And why do they think that they
- 26:17can decree this from up high? Like, I don't know about you,
- 26:20but hey, I am an American. I do believe in Freedom of
- 26:24Association. In the freedom to transact, the
- 26:27freedom of speech and this is all we want to do here as
- 26:31bitcoiners. We just want to ensure as Eric
- 26:33case on says, that we aren't getting robbed.
- 26:36Like we just want our money that doesn't get debased and we're
- 26:39The Crazy Ones. Like guys The Jig Is Up.
- 26:42This Is Why We Bitcoin. This is why we come out here
- 26:44every single day to try to spread this message so that we
- 26:46can open up people's minds to the theft of inflation, the
- 26:51theft of the Fiat Legacy system. And the fact that they try to
- 26:54force this Down our throats as good like this is insanity.
- 26:58This is clown world. And you know, this is why we
- 27:01always say, take back your money like opt-out saving Bitcoin,
- 27:05take Bitcoin in the South custody and you can avoid all
- 27:08this madness because they can't take your Bitcoin unless you
- 27:10give it to them. So man we have, we have the
- 27:13solution to this problem and it's upon us as bitcoiners to
- 27:17spread that message in. This is why we do what we do.
- 27:20Amen to that brother. Alright guys, let's check this
- 27:22out, so we We've been kind of doubling down on this rules for
- 27:28the not for me, like type of concept.
- 27:31And I think it's just Stacey Herbert posted this last week
- 27:36and we covered it, but it's just this idea.
- 27:38Look, if the system itself is based on theft Why would anybody
- 27:44care? And whether that's people going
- 27:46into Apple Stores looting. The whole thing blind like think
- 27:48about what the people in the top are doing.
- 27:50They're basically doing the same thing so it's like they're
- 27:54trying their normalizing, this theft.
- 27:58And it's completely different rules than what the rest of us
- 28:02are made to follow, right? And I'm going to go down this
- 28:06timeline and basically, the Wall Street Journal again, FDX
- 28:09founder, Sam Bank manfried says he can't account for billions
- 28:12sent to Almeida, right? So it's like, it's okay can't
- 28:16account for billions like poor guy, right?
- 28:19We have mr. Wonderful.
- 28:20Like I believe him, poor guy, we give them a round of applause,
- 28:23like the New York Times, the New York Times thing.
- 28:27Like boohoo, he's he's a young guy, he just can't count for
- 28:30billions. I don't know what happened.
- 28:32Anyways, it goes on to say FTX Founders embankment freed said
- 28:35he can't explain what happened to billions of dollars a
- 28:37customer that customers of his failed crypto currency exchange
- 28:40sent to the bank accounts of his trading firm, on my de research
- 28:43and he said, he couldn't rule out the possibility that money
- 28:46deposited by FTX customers who were told their money was there
- 28:49alone was in fact lentil maida in an interview with the Wall
- 28:53Street Journal. Mr. Venkman, free distance
- 28:55himself from 80 saying He had step back from running the firm
- 28:59and had little insight into his workings.
- 29:01Even though he owned ninety percent of it goes on to say,
- 29:04some FTX customers made deposits.
- 29:06By wiring money, told me to control bank accounts with the
- 29:09intention that the money is used to fund their FTX accounts.
- 29:12That was Legacy of the exchange early days when FTX didn't have
- 29:16its own bank account. Mr. Brinkman said overtime, FTX
- 29:19customers deposited more than 5 billion in those Almeida
- 29:23accounts he said now those funds are gone.
- 29:25Oh boohoo Those funds are gone, right?
- 29:28So this is the rules that FTX is, is, you know, they're okay
- 29:32with this. You have this article by
- 29:34responsible statecraft name of the article, is the Pentagon
- 29:37fails, its fifth audit in a row. Goes on to say the Department of
- 29:41Defense revealed that it has failed.
- 29:43Its fifth consecutive audit. I would not say that.
- 29:45We flunked said DOD, comptroller my Conrad.
- 29:48Although his office did know the Pentagon only managed to account
- 29:52for 39 percent of its three point five trillion dollars in
- 29:56Bassett's the proc quote, the process is important for us to
- 30:00do and is making us get better. It is not making us get better
- 30:04as fast as we want. So 60 61 percent of third point
- 30:12three point five trillion dollars in assets is unaccounted
- 30:17for and the framing the framing dude, at the framing is just
- 30:21like it blows my mind but you you peasant check this out.
- 30:25The IRS reminds Americans earning over $600 on PayPal,
- 30:29then more cash app. Transactions to report their
- 30:31earnings. This is the cherry on top.
- 30:34The new rule comes as a result of of the American Rescue plan
- 30:39of Act of 2021. So like remember the inflation
- 30:43reduction act American Rescue. It's like at this point like it
- 30:48feels like they're spinning on our faces, that's what it feels
- 30:51like. The IRS reminds Americans
- 30:54earnings over $600 on PayPal venmo or cash app transactions
- 30:57to report their earnings. The Pentagon fails, its fifth
- 31:03audit in a row. 61% of three point five trillion unaccounted
- 31:08for Ft x founder, send banquet Feast, is he can't account for
- 31:13billion sense Almeida. I guess, you know what?
- 31:16I'm starting to understand it now.
- 31:19It's any amount over 600 has to be reported to the IRS, but I
- 31:23guess anything above a billion or a trillion.
- 31:26That's okay, that's fine. Total fucking clown world, and
- 31:32this is what we're talking about when we say misaligned
- 31:34incentives, right? It's like the few bureaucratic
- 31:38Elite, the continuing errors are literally squeezing as much as
- 31:42much as humanly possible. They don't want you to own
- 31:45anything and be happy. But they don't even adhere to
- 31:50their own standards, they break them willy-nilly in fact, not
- 31:54only do they break them, they get a round of applause.
- 31:57Like as if there's some sort of victim, look they're either.
- 32:00Come so disconnected from reality or in my opinion, what I
- 32:04think is really going on is that they're they're letting, you
- 32:07know, this is a hierarchy. That's what they're letting you.
- 32:10It's like, look, we know we're letting, you know, this is how
- 32:13it works. You are here and we are here and
- 32:16we play By different rules because that's how it is and you
- 32:21know what, that's what you would have to deal with if Bitcoin was
- 32:25in the thing. But now Bitcoin is a thing.
- 32:27So now you have an option an alternative to use to opt out
- 32:33completely. And that's why they hate it.
- 32:37That's why they released this stuff because they don't, they
- 32:39don't want to play on equal footing with you.
- 32:42And then tie this in with, we were talking about with the
- 32:43media, the media doesn't want to play equal with you.
- 32:47They want their credentials, they want their privilege.
- 32:51They can't have you up just a peasant that pays $8 having a
- 32:55blue checkmark. Nah, they need to know, you are
- 32:59below them, right? And now, with Bitcoin Bitcoin
- 33:03saying, Hey, you could save, you could protect your wealth just
- 33:08as much as the rich guy and there was guys like know that,
- 33:12that's not fair. That's not possible.
- 33:14Well, it is fair and tough luck. Man.
- 33:17It's a long time coming dude but yeah, it's absolutely
- 33:22disgusting. Do what is 61 percent of three
- 33:25point five trillion like it's such a it's so ridiculous 3.5
- 33:30times Two point one trillion dollars unaccounted for no
- 33:34problem. It's all good.
- 33:38Trillion with the D, dude. With the tea, not be with the
- 33:43tea. That's my dude.
- 33:46What's the market cap of Bitcoin?
- 33:48The market cap of Bitcoins like what?
- 33:49Three hundred billion. Anyways, clown World confirm
- 33:58Opti. What are your thoughts on all
- 33:59this, bro? Well, my first thought it's
- 34:02like, it's almost like the Fiat Legacy system is designed to
- 34:06lose money. E into black holes.
- 34:08Not going to go further because we're trying to keep our YouTube
- 34:10channel out but I keep getting reminded of the South Park meme.
- 34:14Like I'm sorry, we're so sorry, you know?
- 34:16And then the it's gone SPF on this tour of just going around
- 34:21saying I'm sorry for losing billions of dollars guys.
- 34:24I I don't know where I misplaced those billions of dollars is
- 34:28man. It's really like a slap in the
- 34:29face and and furthermore, I was I was making this comment to a
- 34:32friend, his like, full autistic, Talak wonderkid Act of where
- 34:39they act really. You know there's so autistic and
- 34:41weird that you know makes you think that he's a genius it's
- 34:44like I just hope that this act doesn't continue to get paraded
- 34:48around and people wake up to this idea of like just because
- 34:51they act like they're socially awkward doesn't make them a
- 34:53genius. It could also mean that they're
- 34:55stupid but hey I'm not the one misplacing billions of dollars
- 34:58nor giving him billions of dollars trillions of dollars
- 35:01that for him to, you know, work on.
- 35:04But man, just to that point of the Pentagon like it, we say it
- 35:08all the time, the meme of rules for thee, but not for me, and
- 35:12that news is just insane. Like to me, it just further
- 35:16proves that the powers that be have lost control and they're
- 35:19scrambling to gain control. And I'm talking about the PayPal
- 35:22news, the fact that they want to track and bag every transaction
- 35:26over $600 to me is proof that they have lost control because
- 35:31they know what Bitcoin can do to not only their power but for For
- 35:37us as the individual and convince me otherwise.
- 35:40But taxes is all about control the amount of money that they
- 35:43can try to, you know, siphon from us, won't even cover the,
- 35:48the debt that they have created in the amount of money that they
- 35:51print. And so to me, it's all about
- 35:53control. It's all about keeping the
- 35:54little man down, and the fact that they're trying to track and
- 35:58bag every transaction, or of her $600 is just is what you said,
- 36:03man. It's like hey, The Peasant can't
- 36:05can't spend money more than Dollars but hey if we're
- 36:08spending billions of dollars that should just disappears and
- 36:10everyone is okay with it. So sorry.
- 36:12I mean I'm young I'm a cop. We're going to try to do better
- 36:16next time. Could you imagine telling the
- 36:18IRS? Do you imagine telling the IRS
- 36:21that that excuse, right? I know it's not exactly what you
- 36:25want but next time we're going to do better do better.
- 36:28I'll do some point one trillion dollars.
- 36:31Sorry dude. Like They like, how do they take
- 36:37themselves? It's because it's not about to
- 36:39eat, they know, they know it, but they just want to let you
- 36:41know. It's like, look, this is how
- 36:42things are. Yeah.
- 36:43It's like you said a pure higher if you move, it's like they know
- 36:46that. We know that.
- 36:47It's like lick peasant. You can't do anything about it.
- 36:50Now shut up. Someone said in the chat better,
- 36:52like this isn't clown world like this is pure oppression.
- 36:54Yeah, straight up. Just gotta eat it.
- 36:56Like, this is, this is insane, the $600.
- 36:59I'll let me know where that's from.
- 37:00Like, what is that? About?
- 37:01Billions go missing. It's all good, bro.
- 37:04Like magic. On the Bahamas, viruses.
- 37:07Like it's just two point one trillion, it's like and then
- 37:09they're like, okay, no, it's okay.
- 37:10He's a trillionaire concealing are it's, we understand that.
- 37:14Try to do better next time, bro. You tell that to either.
- 37:17They'll fuck it. What's that mean straight to
- 37:19jail straight to do, all right. Like, like, dude, it's so, it's
- 37:22so ridiculous. Anyways, let's get to the
- 37:24culture. We got a lot to cover.
- 37:29The daily culture brought to you by Swan Bitcoin.com, Swan is the
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- 37:51Swan Bitcoin.com today, Okay, Nico.
- 37:57You going to do the bit block? Boom.
- 38:00I am going to do the big block, boom.
- 38:01Thanks for reminding me, bro. Surprise, surprise, you're not.
- 38:10Oh, okay. Okay.
- 38:11All right, guys, I want to give a shout-out to my true Bitcoin
- 38:14conference bit block, boom network with fellow bitcoiners
- 38:17in Austin, Texas, August 24, 25 26, 27 2023.
- 38:20This is not a shit coin and of tea, or blockchain event.
- 38:24We talked about Bitcoin and more Bitcoins.
- 38:26So definitely go check out that blog.
- 38:28Boom. I see what you have for us
- 38:30today. Well as I told me you full
- 38:32screen you can if you want well I told you guys in the beginning
- 38:35man I got a call this weekend, this is a true Bitcoin Horror
- 38:39Story, one of my friends got wrecked, he's convinced that he
- 38:43downloaded a Bitcoin, desktop wallet and he got fished and he
- 38:48got wrecked because a couple days after downloading the
- 38:51wallet, you know, some desktop app.
- 38:55His Bitcoin just magically disappeared out of his Bitcoin
- 38:58wallet. And there's one little mistake
- 39:02that he had made. He did not verify the the
- 39:07release he didn't do, you know, he didn't verify the signing
- 39:10release and he just downloaded a wallet on to his computer, sent
- 39:14some Bitcoin to it and then it disappeared.
- 39:16So today is more like a PSA. Guys, we tell you all the time,
- 39:21there is no one to call. There is no one to You know,
- 39:25there's no rewind button in Bitcoin.
- 39:28And while I definitely I on my side I downloaded what he told
- 39:34me, he downloaded and I verified the signing release and to me it
- 39:37seemed like it was. Okay, so I'm not exactly sure if
- 39:41he has exactly pinpointed the problem, whether it was him not
- 39:46verifying the signing release of the Bitcoin wallet, that he
- 39:49downloaded or rather, that his whole computer has been
- 39:52compromised. But today's PSA guys, Is is I
- 39:55know, I know it's very, you may be daunted out there by
- 40:00downloading stuff and then sending your Bitcoin and you
- 40:02think you're not a computer guy, you're not a, you know, crypto
- 40:05hacker, what have you? But I have over here and he
- 40:09didn't download Bitcoin core. I'm just using Bitcoin core has
- 40:11as an example of what I mean. So for you guys out there, this
- 40:15is not to get you guys scared, but there is some best practices
- 40:18that you need to account for that.
- 40:20You need to go through when you are downloading Bitcoin wallet
- 40:23on your computer. And sending your Bitcoin.
- 40:26And one of them is verifying the signature releases.
- 40:30And as you can see here on the Bitcoin dot org website, it says
- 40:33optional, and if you're a bit coiner, we would say it is more
- 40:36than just optional, this is something that you should be
- 40:38doing and you're going to have to download pgp to verify the
- 40:42the hashes. But guys, this is a step that
- 40:45you do not want to overlook. Because you can wreck yourself
- 40:49if you if you're downloading a software that you don't know
- 40:52what you're doing. And then you're sending your
- 40:54Bitcoin. Out there.
- 40:55And so again guys most Bitcoin wallets will have a process for
- 41:00you to verify the signature releases and it's something that
- 41:04you guys should definitely take. Seriously, do not Overlook it,
- 41:08do not just download a Bitcoin wallet to your computer and then
- 41:11send your Bitcoin, your life savings to it, or else you may
- 41:14get wrecked. And, and I feel for, I feel for
- 41:17my buddy, this is absolutely horrible.
- 41:19He's definitely a little disillusioned, he's feeling the
- 41:22pain. But again, guys, you have Verify
- 41:25the signature releases because you don't know what you're
- 41:27downloading on your computer. And as we tell you guys all the
- 41:30time, criminals hackers out there, they want your Bitcoin
- 41:34shit Corners. Want your Bitcoin, because
- 41:36Bitcoin is the most valuable money in the world.
- 41:39And man, this this really this really sucks, you know, I and I
- 41:44only am saying this on the show, not to scare people, but to just
- 41:48do a PSA out there that guys, if you're downloading desktop apps
- 41:53to your computer. You need to verify these
- 41:55releases or else. You may be downloading something
- 41:58and you have no clue what it is on your computer.
- 42:00And when you send your Bitcoin to it, it can magically
- 42:03disappear because you're not in control of that software and
- 42:07someone has some kind of malware on their computer.
- 42:09Again, this isn't an any wallet in particular.
- 42:13This is more of a PSA in general because when I verified the
- 42:17signature release of the specific wallet, I got all good.
- 42:21I was able to verify it, so I'm still unsure.
- 42:24There we have pinpointed the problem but again, this is
- 42:28something you do not want to go through.
- 42:29This is this is one of those Bitcoin horror stories.
- 42:32I've just overlooking something as simple as verifying, the
- 42:35signature release of the Bitcoin wallet that you download on your
- 42:38computer. Because again, you don't know
- 42:40what you're downloading on your on your, on your laptop, or your
- 42:43desktop. And you want to be very careful
- 42:46when it comes to your Bitcoin. Because again, there is no
- 42:49rewind button, there's no one to go blame even though you might
- 42:52want to blame someone for or, you know, recommending stuff or
- 42:56what have you you have to take personal responsibility and if
- 43:01you overlook one simple step like, verifying the signature
- 43:04releases, you may get yourself wrecked.
- 43:06And yeah, every hot all again. Yeah, I think he met, you know,
- 43:12his daily driver, may be compromised and I have yet to
- 43:16verify for myself, what he downloaded on his computer, but
- 43:20I did verify the release that he supposedly downloaded.
- 43:23And so I'm still up. Are exactly what the situation
- 43:26is. But first and foremost guys,
- 43:28just make sure you're verifying the software, you're downloading
- 43:31on your computer because you do not want to get yourself.
- 43:33Right guys. It's a very simple process.
- 43:35Do not get scared by the fact that, you know, you have to use
- 43:38the command line. It is not too hard.
- 43:41If I can do it, you can do it. It's usually laid out there
- 43:44pretty easily. But again, this is a step that
- 43:47everyone should be taking. It's not, in my opinion, it's
- 43:49not optional because you never know what you're downloading on
- 43:52your computer. And man, this is not the Call
- 43:55that I ever want to get from a friend from someone that I you
- 43:58know had told to get into Bitcoin and they download a
- 44:01wallet and then you know magically there freaking life
- 44:04savings is gone. So guys, we are still in the
- 44:06wild west of Bitcoin and you just got to make sure that
- 44:09you're downloading the software that you think on your computer
- 44:12or else you can get rekt. So, today was just a little PSA,
- 44:15guys do not get scared, but make sure, you know, what you're
- 44:18downloading on your computer, make sure you're doing test
- 44:20transactions, before you send your whole life, savings over to
- 44:23these wallets. And hopefully, we can avoid this
- 44:26stuff from happening going on into the future.
- 44:28So guys, this one's a. This one is definitely one of
- 44:32those Bitcoin horror stories. And again, this isn't anything
- 44:36to do with Bitcoin core in particular.
- 44:38I just use that website so that you guys can see what I mean.
- 44:40By verifying your signature releases.
- 44:42You'll have to download, you know, the signature release from
- 44:45the developer. You're gonna have to do a little
- 44:47command line, but this is a process that you do not want to
- 44:50overlook. Because again, you don't know
- 44:52what your downloaded on your computer and And, you know,
- 44:55maybe your maybe your hold laptops compromise but at least,
- 44:58you know, that you're downloading the software that
- 45:01you think you're downloading. And so, this is this, this sucks
- 45:03man. It is this one hurt me over the
- 45:05weekend. Yeah, so okay.
- 45:06So so he used a hot wallet he uses.
- 45:10Yes, he downloaded. Well, yeah, he downloaded
- 45:12software. He he didn't use a hardware
- 45:15wallet and he said some Bitcoin to.
- 45:17And next thing, you know, he came back to drop some stats on
- 45:20it and there was no Bitcoin left as well as a big amount.
- 45:24It was a It was his life's, it was a big amount, bro.
- 45:26It hurts. It definitely went deaf.
- 45:28Why were, why would he put that on a hot wall?
- 45:31Because he just wanted it. He just, he didn't know fully,
- 45:34bro. Like he, he didn't know all the
- 45:35trade-offs. He thought he was Secure in his
- 45:39desktop app on his computer and he was working on his way to
- 45:45self custody and it just one of those that hurts manage dude and
- 45:49it and again, like he had such a bad experience.
- 45:52Fuck, man. I wish you know, one of the
- 45:54first one of the First things that I do for people when
- 45:56they're getting in, as I always give them a hard wall at always
- 46:00and that kind of, you know, starts him on a journey.
- 46:05And then I explain the 24 weeks, think about it, like Harbor
- 46:08wallet, you know? And you know there's different
- 46:10levels of Cold Storage, right? There's the cold card where you
- 46:13could, you know, use sneaker wear and like, you know, just
- 46:15not connected at all. Use an SD card and then there's,
- 46:19you know, harder walls that you can connect to your computer,
- 46:22like the Jade. No.
- 46:24Like the treasurer Ledger. But and I think the Jade also
- 46:34has a camera that he can eat. You can even Scarlet, scan the
- 46:37QR code that way if you'd like to.
- 46:39But yeah, there's different there's different variations of
- 46:43cold, right? But the the I always say that
- 46:47the message though is that your private keys are not on a device
- 46:51that is connected to the internet and I think that's
- 46:53really important and unfortunately, you know, the
- 46:56example with your friend is really We important here because
- 47:00that's the case with that, right?
- 47:02He can he put he uploaded his private keys or he put his
- 47:05private keys on a device. That was uploaded to the
- 47:07internet. Therefore, he installed malware,
- 47:10he has started a wallet that wasn't legit and they were just
- 47:13able to rug pull, you know, in front of his eyes at least even
- 47:17if you plug in your your your your treasure your Ledger.
- 47:23To to your computer. You still need to accept on the
- 47:31actual device, whether you want to send that transaction or not,
- 47:35right? Like that is the.
- 47:37That is the, that is like the final stop, right?
- 47:42So yeah, I'll always always if you see a big amount of Bitcoin.
- 47:46So small amount of Bitcoin. Like I have a small amount of,
- 47:48like I have, you know, a hundred dollars on my phone, like, on
- 47:51the moon wallet, you know? Like it's fine.
- 47:54Like I'm okay with that. You know, that spending money,
- 47:56right? I got some Got some some
- 48:01interesting comments right there says Swan recently acquired
- 48:04Specter Solutions which might help create a non kyc way to
- 48:08purchase Bitcoin. I don't know about, I don't know
- 48:10about the non kyc but I am very bullish on that because now all
- 48:13of a sudden you don't have to go from A to B, you don't have to
- 48:17go from a b2c now you could purchase so I'm assuming, I
- 48:22don't know. I have no idea but you purchase
- 48:24Bitcoin on Swan and then you could send it to a two or three
- 48:27multi-sig kind of What Unchained does a cost of does this too.
- 48:32And that just, it makes self custody makes self custody with
- 48:36the benefits of multisig. Very, very easy, but I can't
- 48:40speak first one. I don't know what their we're
- 48:42doing with that project. Exactly, Jade is great.
- 48:49We got a comment Avery hottel, Jade is great, just starting
- 48:52playing with one great features for only $50.
- 48:58Here is if a feature wall it does things, right?
- 49:00The keys never leave the device. Narwhal Taco state is cheap.
- 49:07If you pay in tether, you get 10% off plus look for code
- 49:10coupons. Uh, tether shit coins, not good.
- 49:14Anyways, guys, take that as a lesson, use Hardware wallets.
- 49:19Don't use hot wallets and verify signatures with Opti did and I
- 49:23think you did a great job covering it.
- 49:24Anyways everybody let's get to the main review.
- 49:29The Daily meme review brought to you by Kaboom racks.
- 49:33I get this question all the time.
- 49:34Nico. Where should I buy Bitcoin
- 49:36miners. The answer is Kaboom racks.
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- 49:41That's where you're going to find the best deals and the best
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- 49:56All right guys you already know the meme Tweeter the bullets and
- 49:59memes are the artillery and you guys are in the information War
- 50:02out there guys. You guys are the Frontline
- 50:04soldiers and we are out here trying to spread that Bitcoin
- 50:07signal this. First one this is more of a
- 50:11little joke inside joke for everyone in the spaces that
- 50:14always hangs out with me. This is a made bout Tesla are
- 50:18mad about Tesla sorry. Someone mentioned that I say
- 50:23guys too much in the spaces. So this is a meme.
- 50:28He's got it's a play on the Drake with the north Dorian
- 50:31Nakamoto head. And it's like no two guys guys
- 50:35guys and it's yes to little bit. He's so apparently they want me
- 50:39to call everyone a little bit. He's in the space will see if I
- 50:43add that one. Yes, I am trying to do my best
- 50:45to avoid saying guys, you know, learning on the job anyways,
- 50:49it's next one is memeing Bitcoin and I saw this through dirt.
- 50:52GG, he said the perfect meme. Bitcoin meme does Exist.
- 50:56Wait, here it is. And as you guys can see here is
- 51:00that the what do you call this? The, the chart of left to right
- 51:06authoritarian? Deliberate, Aryan, and
- 51:08bitcoiners being in the middle and transcending that whole
- 51:11chart and elevating above all the madness as a Bitcoin.
- 51:15ER yes, this is the way. This next one is by Hot Oil,
- 51:19never saw it all and he goes, I don't care which party is in
- 51:23control. I don't want to be controlled.
- 51:25Old. And this is the energy and I
- 51:27really like following this one on the best meme to ever exist.
- 51:31This, next one is by digital Knicks, and he goes, it's a play
- 51:35on the Doge, the buff, Doge, and the crying dojin, it goes to the
- 51:40government with an IRS badge, report Benbow, transactions,
- 51:43over $600 or else, we will audit you and then also the
- 51:46government. We just failed, our fifth kind
- 51:48of gone audit and can't find two point one trillion dollars in
- 51:51asset. Amazing, it's amazing.
- 51:54Nico covered this in the news. And we have it perfectly in a
- 51:57meme. This why memes are so powerful?
- 51:59This next one is ding, dong 3001, he goes.
- 52:02Oops and we got Road running in the coyote and Bitcoin is the
- 52:06Roadrunner standing on the edge of the cliff.
- 52:08And we got the coyote as Fiat falling off the cliff and going
- 52:11That's all folks. Yes, Fiat is doomed.
- 52:14It's only a matter of time. This next one is this one might
- 52:17be a little more signal then just to me.
- 52:19But as Bitcoin magazine egos just and there are now Lee 1
- 52:23million addresses that hold one. Full Bitcoin.
- 52:27Here we go. You guys can see that's really
- 52:30awesome. Or people are stacking out
- 52:31there. More people are taking and
- 52:33chomping up this. Bitcoin dip.
- 52:35So continue to stack. Seth guys continue to load up on
- 52:39them SATs. Do not get discouraged.
- 52:42Stacking sad, stay humble. This is the way guys, rebuild
- 52:45them Stacks. Continue to stack and over the
- 52:48weekend. Every, I'm almost purchased
- 52:51certain. Everyone saw the Max Keiser and
- 52:52Tucker. Carlson Tucker Carlson today.
- 52:55And I really like how BTC archive put this egos goddamn
- 52:58Fox News. Host Tucker Carlson holds it.
- 53:00Three holds a 3D printed Bitcoin Grenade on his show watched by 3
- 53:05million. People look at this smile
- 53:07holding that crypto Club. I remember I remember Tucker
- 53:10remember what he said, bro. Investments big in a Bitcoin big
- 53:17in the Bitcoin. Of course guys, this is the mean
- 53:23review score. So Drop Your Meme review score
- 53:26in the chat after we give you guys, our meme review scores
- 53:30ourselves. This one guys, this is one of
- 53:33our sponsors Krypto safes and we got this steel derivation path.
- 53:41Then subscribe. Oh, look at that score.
- 53:46Okay, Niko's, reading books. Now the 48 Laws of Power,
- 53:50apparently, it's been recommended to me by a couple
- 53:52people. I have to check it out but I saw
- 53:55it on my desk. That's my story.
- 53:56Anyways guys, this is simply pick one live.
- 53:58Drop your mean scores in the live chat and we will get to
- 54:02them. All right, first one by opt,
- 54:04he's cathar me position. Chief Madame Haupt, he's Kate
- 54:08Army positions, Chief Kate litter officer lifetime
- 54:12membership to opt he's 80 Bitties Club.
- 54:15Okay next one, next one, by Z logic, I give those memes the
- 54:21best secret Bitcoin or names coin, Lords ladies stack,
- 54:25Masters, mistress shed, boy my scores opt he's recent, youTube
- 54:30shorts, POV of Christine Lagarde with opt he's head bobbing to
- 54:33the beat Okay. Okay.
- 54:36Okay, very nice, very nice. Are we out of scores?
- 54:47McDonald's group. Got to go to www.ah.mil /,
- 54:57simply Bitcoin TV. Next one, check out Simply
- 55:01Bitcoin unfiltered. You got to go to Lee Bitcoin dot
- 55:06news. And also I'm going to change it
- 55:08up Opti because you change it up on me.
- 55:09Check out Simply Bitcoins merge sponsor clothing, sponsor,
- 55:13representative d.com opting. I wear the merch every single
- 55:17day. This is the exclusive simply
- 55:19Bitcoin Merchants limited drop it says peaceful Revolution,
- 55:23sound money 21 million, it's awesome.
- 55:26There's a bomber B21 bomber in the back guys, check it out.
- 55:30Exclusively on representing t.com and you could use the
- 55:33promo code simply Dash Bitcoin get ten percent off anything on
- 55:36the store. Anyways opted to have a software
- 55:38release or website. Yes sir we do have a software
- 55:41release. Bitcoin software release brought
- 55:46to you by Cipher safe, don't be that person that loses their
- 55:50Bitcoin seed. Due to fire damage water damage
- 55:54dog. Attacks back up your
- 55:56generational Bitcoin wealth on steel and there's no better
- 56:00place to do it then the cipher grid by Cipher safe and now
- 56:05check out their new Bitcoin art the Bitcoin rulebooks triangle
- 56:09only on Cipher safe dot IO. Alright guys.
- 56:14So today software release, this was released what December 1st
- 56:20right over the weekend block stream.
- 56:21Released the new core Ln version 22.1 or 11 sorry 22-point 11 and
- 56:28the code named it Alameda yield generator.
- 56:31So some highlights Reckless new manager, then stalls such an
- 56:35installed plugins with a single command Auto clean update,
- 56:38optimizes node, performances and speed.
- 56:40So I drop this tweet in the Tube description.
- 56:44Go check it out. Core lightning has a new
- 56:45version. Yeah, man, shouts out the box,
- 56:48dream. Keeping up the work.
- 56:50So there we go. There we go.
- 56:52Today's episode is a wrap knee. Go to wrap.
- 56:57Wrap it up, wrap wrapping it up. All right, everybody, if you
- 57:02enjoyed the show you what to do, smash that like button, consider
- 57:05subscribing, if you feel like we provided you value, number one
- 57:09thing you could do to help this Channel and help them.
- 57:12Movement in general. Share this video, get the
- 57:15message out there. Spread out, the peaceful
- 57:19Revolution. Anyways, we love you all and
- 57:21we'll see you tomorrow for a brand new episode of Simply
- 57:25Bitcoin live peace.