Latest / Simply Bitcoin / WW3 CANCELLED: $250,000 By 2026 CONFIRMED!! | EP 1273

Transcript

WW3 CANCELLED: $250,000 By 2026 CONFIRMED!! | EP 1273 · Simply Bitcoin

• 0:00
  Yo, Donald Trump might have just cancelled World War Three and
• 0:04
  confirmed that $250,000 Bitcoin by 2026 is still in play.
• 0:10
  The markets took a huge sigh of relief and Bitcoin reclaimed
• 0:15
  105,000. But many people are forcing the
• 0:19
  question, if the money printers are about to be turned on and
• 0:23
  the global war is over, is Bitcoin on the verge of
• 0:28
  exploding? What I find absolutely hilarious
• 0:31
  is the man has been playing this game since the beginning of the
• 0:36
  year. And of course, today we have a
• 0:38
  very special guest joining us. We got the man, the myth, the
• 0:41
  legend himself, Bitcoin Ben in the house.
• 0:44
  Anyways, let's jump straight into today's show.
• 0:47
  So what am I talking about? Look, literally since the
• 0:50
  beginning of Trump's inauguration, the supposed
• 0:54
  Liberation Day, he's been playing the art of the deal.
• 0:59
  It's been, it's been wild, right?
• 1:01
  Inauguration Day, we hit an all time high.
• 1:03
  It was 109,000 and then we were expecting to RIP to 150,000
• 1:09
  within the next, you know, 2-3 months.
• 1:11
  But all what happened instead was we took a massive dump and
• 1:14
  then the tariff stuff started happening and then Bitcoin fell
• 1:18
  from 109,000. So I think it was like 72,000
• 1:22
  and we're back at 105,000. And then bom, Bing bom, boom.
• 1:26
  Out of nowhere. He just decided, you know, all
• 1:30
  right, let's possibly go to war with another country in the
• 1:36
  Middle East. And it seems like he pulled the
• 1:39
  art of the deal once again. He completely walked that back.
• 1:42
  I'm gonna, I'm gonna show you some of his true social posts.
• 1:46
  And it seems like we're back on track for 250K because I'll tell
• 1:50
  you what a World War. I don't think we would hit all
• 1:52
  time highs. I'll, I'll just be honest with
• 1:54
  you. So that seems like the world
• 1:56
  would the World War was cancelled just like the tariffs
• 1:58
  were cancelled. And I think Trump's like been
• 2:01
  doing this on purpose the entire time.
• 2:03
  This is like Art of the Deal, like Art of the Deal 101.
• 2:07
  So first observation I made, which is the Bitcoin price
• 2:12
  action has literally been following Trump's tweets all
• 2:15
  year. It's absolutely hysterical.
• 2:18
  It really, really is. The entire year, the Bitcoin
• 2:22
  price, depending on what Trump is posting or tweeting, has
• 2:27
  literally dumped or increased by like 2030%.
• 2:32
  Back in the day, it used to pump like when it was like, oh, Bank
• 2:36
  of America is looking to Bitcoin now it's like whenever Trump is
• 2:40
  tweeting, the Bitcoin price follows, which is hilarious.
• 2:44
  So first, I'll start off with this.
• 2:45
  Congratulations. This is what he posted.
• 2:47
  The war is over, you know, no more huge conflict.
• 2:52
  It's done, it's over. I'm going to try to read it in
• 2:55
  Trump's voice. Congratulations to everyone has
• 2:58
  been fully agreed by and between Israel and Iran that there will
• 3:02
  be a complete and total ceasefire in approximately 6
• 3:05
  hours from now when Israel and Iran have wound down and
• 3:09
  complete completed their in progress final missions for 12
• 3:13
  hours, at which point the war will be considered ended
• 3:16
  officially. Iran will start the ceasefire
• 3:19
  and upon the 12th hour Israel will start the ceasefire upon
• 3:22
  the 24th hour an official end to the 12 day war will be saluted
• 3:27
  by the world. So you know, God bless the
• 3:30
  world's, you know the world, the war is over bombing bomb boom,
• 3:34
  it's done. And he follows up with literally
• 3:40
  like an hour later, Israel, do not drop these bombs.
• 3:44
  If you do, it's a major violation.
• 3:47
  Bring your pilots home now and then he follows up with Israel
• 3:52
  is not going to attack Iran. All plans will tell.
• 3:55
  Planes will turn around and head home while doing a friendly
• 3:59
  plane wave to Iran. Nobody will be hurt.
• 4:02
  The ceasefire is in effect. Thank you for your attention on
• 4:05
  the matter. You know, President Donald trade
• 4:07
  Trump, Donald J Trump and then he goes with Iran will never
• 4:12
  rebuild their nuclear facilities.
• 4:14
  He felt a certain way about, you know, how the ceasefire was
• 4:18
  going, which I found absolutely hilarious.
• 4:22
  This was him during a press conference earlier this morning.
• 4:25
  But we have, we basically have two countries that have been
• 4:29
  fighting so long and so hard that they don't know what the
• 4:32
  fuck they're doing. Do you understand that?
• 4:37
  I've never heard AUS president be so blunt.
• 4:41
  That ain't simply Bitcoin, by the way, YouTube cursing.
• 4:44
  That is literally the president of the US basically saying,
• 4:48
  look, we got a ceasefire. The world is over.
• 4:52
  It's done. It's being avoided back to 250K
• 4:56
  in the next, you know, 365 days. And then he's, he's literally
• 5:02
  doing politics on Truth Social for the world to see it.
• 5:06
  It's hilarious. It's like Iran don't bomb
• 5:09
  Israel. And then it's like Israel, turn
• 5:11
  around, turn your planes around, bring them back around.
• 5:14
  Like, dude, it's just hilarious. And then he's just like, these
• 5:17
  countries have no idea what the F they're doing, dude.
• 5:21
  Hilarious. I don't think I've seen this
• 5:23
  level of, I mean, bro at the fundamental, you guys have to
• 5:27
  remember he was a talk show host, He was ATV host.
• 5:31
  So he knows how to hold an audience.
• 5:33
  And I'm telling you, Trump has cursed in the past, but he when
• 5:40
  he curses, it always has that emphasis because he doesn't do
• 5:44
  it often. And that was just, it was just
• 5:46
  perfect. The way the the, the timing when
• 5:49
  it came, it was just hilarious. And by the way, all of these
• 5:53
  posts weren't just directed to Iran and Israel.
• 5:58
  They were also elected to our friend over at the Federal
• 6:02
  Reserve, Jerome Powell. He posted this and he said at
• 6:07
  1:30 in the morning, too late. Jerome Powell of the Fed will be
• 6:11
  in Congress today in order to explain, among other things, why
• 6:16
  he's refusing to lower the rate. Europe has had 10 cuts, we had
• 6:22
  had zero. No inflation, great economy.
• 6:26
  We should be at least two to three points lower.
• 6:29
  Would save the US $800 billion per year plus what a difference
• 6:33
  that would make. If things later change to the
• 6:36
  negative, increase the rate. I hope Congress really works
• 6:39
  this. Very dumb.
• 6:41
  I can't say that that's the president saying that YouTube.
• 6:44
  That's not me. I hope Congress really works
• 6:48
  this. Let's see, appropriate word,
• 6:53
  stubborn person over and we'll be paying for his incompetence
• 6:57
  for many years to come. The board should activate Make
• 7:01
  America great again. I've been kind of making
• 7:04
  predictions about this. I spoke to Tom Longo.
• 7:07
  Tom Longo says no, he's on board.
• 7:09
  But what I will say is it seems like the Fed has been acting
• 7:13
  political. I've been saying that for a long
• 7:15
  time. The reason the Fed has been
• 7:16
  acting political is they want to CBDC.
• 7:19
  The Trump administration doesn't want to CBDC it.
• 7:22
  It's very clear that the Fed helped the previous
• 7:26
  administration. They lowered rates when they
• 7:29
  when inflation was high. So it seems like, you know,
• 7:32
  they're playing hardball with Trump because they don't want
• 7:36
  the Repubs to do good during the midterms.
• 7:39
  Which again, not surprising whatsoever.
• 7:42
  But anyways, this whole thing is a comedy.
• 7:45
  I have to play this one more time.
• 7:47
  This isn't AI, this is real, and it's absolutely hilarious.
• 7:51
  They have two countries that have been fighting so long and
• 7:54
  so hard that they don't know what the fuck they're doing.
• 7:58
  Do you understand that? Absolutely hilarious.
• 8:01
  That is the president of the United States.
• 8:02
  Ladies and gentlemen. If you guys are enjoying today's
• 8:05
  Simply Bitcoin Live, make sure to smash that like button share
• 8:10
  the video and of course we're joined with Bitcoin OG and
• 8:14
  legend Bitcoin Ben joining us on the show today.
• 8:19
  I mean dude, World War 3 is cancelled baby Trump art of the
• 8:24
  deal, allegedly allegedly art of the deal man art of the deal.
• 8:29
  This is great. This is wonderful, but it's just
• 8:32
  so hilarious him seeing him being frustrated, you know, with
• 8:36
  all this stuff, with kind of the negotiations and him just
• 8:40
  unfiltered. He doesn't care at this point,
• 8:43
  You know, he's just speaking exactly what's on his mind.
• 8:46
  And yeah, I think we're back on track for $250,000 Bitcoin.
• 8:51
  Arthur Hayes is saying by the end of the year, I would say
• 8:57
  much sooner, much sooner than that.
• 8:59
  Bitcoin Ben, what are your thoughts man?
• 9:02
  Number one, I love President Trump.
• 9:08
  Not because of his, he's a Republican or anything.
• 9:12
  Like I love it that we finally have a president that literally
• 9:17
  gives zero shit about if he's in front of a camera or what he
• 9:23
  tweets or whatever. He's, he's out there.
• 9:27
  He, he's, he is him. He's actually him.
• 9:32
  That's what the Republicans hate.
• 9:35
  That's what the friggin progressives hate.
• 9:37
  That's what everyone hates is Trump doesn't give 0 question.
• 9:46
  I have a question for you. Is it all right if I say fuck or
• 9:49
  is that like off limits? If you just say F, that'd be
• 9:52
  great. OK, F all right.
• 9:56
  He gives 0F. Freedom.
• 10:00
  Yeah, it's and $250,000 Bitcoin. That ain't nothing.
• 10:08
  That's that ain't nothing. Look at the global adoption we
• 10:14
  have right now. Just right now, we have major
• 10:19
  corporations that are walking over each other trying to
• 10:25
  accumulate more Bitcoin. We have Texas that's buying
• 10:30
  Bitcoin. And you know, it's crazy when
• 10:32
  the Cowboys are coming, all right?
• 10:35
  That's when this goes nuts. We have Russia who is mining the
• 10:42
  hell out of Bitcoin. You have Saudi Arabia, you have
• 10:46
  the Middle East, you have Africa.
• 10:49
  And nobody realizes how large Africa is going to be in this
• 10:56
  industry. Like he goes.
• 11:00
  I'm telling you guys, there are things especially like Middle
• 11:04
  Eastern, some Lower Africa that are huge mining operations that
• 11:12
  are launching next, probably end of this year and whatever we
• 11:20
  blew up the other day that made the hash rate drop, that's going
• 11:24
  to be replaced very easily with what is coming in Africa.
• 11:30
  Then we have America and America, and this is what's
• 11:35
  going to happen, guys. I'm telling you right now, Trump
• 11:41
  is replacing the Federal Reserve with a a system where Heather
• 11:54
  Circle, all Walmart, Amazon, they're all going to issue their
• 12:02
  own cable coins. And when they do, you're not
• 12:08
  going to need the Federal Reserve.
• 12:11
  We are going to replace. Hang on one second.
• 12:17
  We are right. Hell, I don't know if you can
• 12:20
  see that. There we go.
• 12:21
  All right, we are. We are replacing this with
• 12:27
  digital dollars. The only reason we have the
• 12:31
  Federal Reserve is paper money. What if we launch a
• 12:37
  decentralized representation of the dollar that is commercially
• 12:45
  led and not LED through the reserve system?
• 12:52
  Then why do we need the Federal Reserve?
• 12:55
  We don't. We no longer need the Federal
• 12:59
  Reserve. And I mean, what have they
• 13:02
  really helped us with? Look at all of this, all of our
• 13:07
  wars, all of our issues, all of our money, all of our houses.
• 13:13
  Inflation is all because the Federal Reserve.
• 13:17
  It's because 100 and something years ago a group of very
• 13:23
  wealthy people got together on Christmas and said, you know
• 13:28
  what? We're going to take the power of
• 13:32
  creating the money away from the Treasury and we're going to give
• 13:37
  it to some private entities where they can control all of
• 13:45
  the money. And then in let's see, what was
• 13:48
  it, 1934, where they outlawed gold?
• 13:54
  Well, the reason they outlawed gold was because no one was
• 14:00
  using their currency because exactly and.
• 14:07
  And they built Fort Knox to house it too, which is the crazy
• 14:11
  part, right? So they outlawed gold.
• 14:15
  They took gold from American citizens, and then they built
• 14:21
  Fort Knox to house that gold. We have not been allowed to.
• 14:27
  We have not seen video evidence of the gold at Fort Knox since
• 14:32
  the 1970s. OK.
• 14:35
  And when there was some type of video evidence of that gold at
• 14:41
  Fort Knox, we were only able to see 1 Volt.
• 14:45
  They only showed US1 Volt, which I find interesting.
• 14:52
  So is that gold even there? Right.
• 14:54
  And you could, you could even say.
• 14:56
  It's gold. You can even say I love this.
• 15:02
  So yes, I completely agree with you, Ben.
• 15:07
  You know, this is, this is, you know, this is fantastic.
• 15:11
  I think it's a Trojan horse, basically the the the wide
• 15:16
  adoption of stablecoins throughout the world.
• 15:20
  It's a state, it's a Trojan horse for Bitcoin.
• 15:23
  It gets people exposure to digital wallets and it's
• 15:27
  definitely a step in the right direction.
• 15:29
  I do want to give a shout out to the live stream right now, 1122
• 15:34
  people watching live and 50 or so of you guys watching live on
• 15:38
  Rumble. If you guys are enjoying the
• 15:40
  show right now, make sure to smash that like button.
• 15:43
  You're listening to Simply Bitcoin Live with Nico and our
• 15:46
  guest today, Bitcoin Ben. During the culture segment,
• 15:49
  we're going to be talking about, we're going to talk about
• 15:52
  Bitcoin Ben's clubs that are popping up all over the states.
• 15:57
  He's buying a hotel, he's buying a bank, and we're going to be
• 16:01
  talking about all that. Cynthia Lummis has a bill that
• 16:05
  she introduced with Congressman Mike Rogers that would exempt
• 16:10
  Americans from a A from paying taxes on small Bitcoin
• 16:17
  purchases. The state of Ohio seems to have
• 16:19
  done that as well. And the big breaking news that I
• 16:22
  want to cover on today's news segment.
• 16:25
  The Federal Reserve has officially announced that
• 16:29
  reputational risk will no longer be a component of examination
• 16:34
  programs in its supervision of banks.
• 16:38
  This was a very, very powerful tool that was used during
• 16:43
  Operation Choke .2 Point O by the government to go after banks
• 16:48
  that they did not necessarily agree with.
• 16:51
  So if a bank banked fire a firearm manufacturer, boom, they
• 16:57
  use that. What about an oil producer?
• 17:00
  They use that. What about crypto?
• 17:02
  What about Bitcoin? They use that, right?
• 17:05
  This is one of the tools that they used to essentially destroy
• 17:10
  Signature Bank. That was not meant to go out of
• 17:13
  business. That was part of Operation Choke
• 17:15
  .2 Point O, So shout out to Senator Lummus's team for really
• 17:19
  moving that forward. In other news also, we are not
• 17:23
  the only ones that are talking about $250,000 Bitcoin.
• 17:27
  Here's Arthur Hayes. I believe this interview was
• 17:30
  from Bitcoin 2025 in Las Vegas, and he's talking about $250,000
• 17:36
  Bitcoin and his reasoning behind it.
• 17:39
  The 250 by end of the year, is that still your timeline?
• 17:41
  Yeah. So I think that we get to
• 17:43
  250,000 by the end of the year. It'll be might be along the way,
• 17:46
  obviously, but that's sort of my end of year price target.
• 17:48
  And then $1,000,000 Bitcoin is like just got off.
• 17:51
  I got off stage talking about how they're going to print I
• 17:54
  think in the realm of 9 trillion ish dollars between now and in
• 17:59
  that period of time. And that is, you know, Fannie
• 18:02
  and Freddie, the government. So again, and he was talking
• 18:10
  about that, that clip was cut off, but he was basically making
• 18:13
  the argument that Fannie and Freddie, they they were gonna
• 18:17
  they have to, they have to print between 8:00 and $9 trillion
• 18:21
  over the next three years alone just to maintain current US kind
• 18:27
  of fiscal spending and policy. And that's the reason he's
• 18:32
  making the case for $1 million Bitcoin by 2028.
• 18:36
  But in the short term, he's predicting 250K Bitcoin by the
• 18:43
  end of year. And I don't think that was
• 18:45
  possible with a potential conflict in the Middle East that
• 18:51
  it it seems like it was putting it was metastasizing.
• 18:57
  But that seems seems like that conflict has come to an end.
• 19:02
  And again, Trump art of the deal this, he did the same thing with
• 19:05
  the tariffs, like, and people got pissed.
• 19:08
  I got pissed too. I remember like, I was like,
• 19:11
  dude, like, what are you doing? You promised us Bitcoin to the
• 19:15
  moon. And yeah, Bitcoin had a little
• 19:17
  bit of a dump. We dumped to 72K and within a
• 19:20
  couple months we recovered back to one O 5.
• 19:24
  And it seems like the United States has seen has signed
• 19:28
  better trade deals with all these countries.
• 19:31
  So this is part of Trump's negotiation tactics and we're
• 19:35
  not used to it. We still have PTSD from the Iraq
• 19:39
  war. We still have PTSD from the
• 19:42
  Afghanistan where we've heard this before, weapons of I can't
• 19:47
  say this, but the big boom weapons, right?
• 19:51
  And we've heard this narratives before.
• 19:54
  And those are justifications for these long drawn out conflicts,
• 19:58
  conflicts that would essentially enrich certain people in certain
• 20:03
  jurisdictions, right? Like the Imperial City.
• 20:07
  And we were expecting that. Like we were expecting that full
• 20:11
  force. We're like, Oh my God, this is a
• 20:13
  repeat. People were making memes.
• 20:15
  Of like Trump and George Bush's face, and then all of a sudden
• 20:19
  Trump pulls this. We basically have two countries
• 20:22
  that have been fighting so long and so hard that they don't know
• 20:26
  what the fuck they're doing. Do you understand that?
• 20:30
  So it's definitely different. It's definitely different.
• 20:33
  You know, he's making his victory laps.
• 20:35
  He's posting it on Truth Social. He's basically saying, listen,
• 20:40
  guys, I want peace to everyone. God bless Israel, God bless
• 20:45
  Iran, God bless the Middle East, God bless the United States,
• 20:49
  God, God bless the world. And he's talking about a
• 20:53
  ceasefire. So this war, a 12 day war ended
• 20:57
  immediately. And then of course, he's trying
• 21:00
  to keep, you know, both parties in check, Israel and Iran.
• 21:04
  Listen, guys, don't mess with me.
• 21:07
  You know, turn those planes around, you know, no, no, no
• 21:11
  facilities for you. Iran, Israel, no more bombing,
• 21:14
  right? So he's keeping true to his
• 21:17
  base, right? And I will say about the MAGA
• 21:20
  coalition, this is a one in a century coalition that came
• 21:24
  behind President Trump because because he was an outsider,
• 21:31
  because he promised no more endless wars, because he
• 21:37
  promised to end Operation Choke .2 point O.
• 21:40
  He brought in ex Democrats to make them part of his
• 21:45
  administration, to make a broader coalition like Tulsi
• 21:49
  Gabbard, like RFK Junior and he brought them in, right?
• 21:53
  This was supposed to be the administration that was gonna,
• 21:57
  you know, basically, you know, shrink the administrative state.
• 22:02
  And in a way, they have been successful.
• 22:04
  And this to me, in terms of political maneuvering, has been
• 22:09
  absolutely genius. Genius because, again, it gives
• 22:15
  the machine a little bit of what they wanted.
• 22:19
  It showed a little bit of flex from the United States.
• 22:23
  We're going to send our best bombers and we're gonna send
• 22:26
  them on a mission. No, they're not gonna be
• 22:29
  detected whatsoever. You know, we're gonna, we're
• 22:32
  gonna show our, our might, you know, power through strength,
• 22:36
  right? And that's it.
• 22:38
  It's over. It's done, right?
• 22:39
  It's over. And it was interesting because
• 22:42
  apparently Iran gave the United States a heads up when they're
• 22:47
  gonna, you know, respond back, Right.
• 22:50
  And then it was over. It was done, you know,
• 22:52
  ceasefire, right? So, you know, and then you
• 22:55
  could, you can hear Trump's frustration just like, dude,
• 22:58
  like guys, you have no idea what the F you guys are doing.
• 23:01
  Like, just just cut it out. It's done.
• 23:04
  So, yes, 250K back on track, baby.
• 23:07
  Back on track, 250K by the end of the year.
• 23:11
  I'm excited. And it seems like orange man is
• 23:14
  keeping his promises. Opti, I know you're a little bit
• 23:16
  more skeptical on this. I wanna hear your takes.
• 23:19
  And then we'll pass it back to Ben.
• 23:21
  Yeah, well, you know, I'm not as exuberant as you are around
• 23:25
  Trump. I'm still kind of uncertain what
• 23:27
  is actually going on, whether World War 3 is actually over at
• 23:30
  this point. There's been some reports that
• 23:32
  apparently the ceasefire is already falling through, hence
• 23:35
  while Trump is out there cussing this morning.
• 23:38
  But to point out a point here, though, I think this is the
• 23:42
  first time we've ever heard of president actually cuss.
• 23:44
  And I think that just goes to show the frustration.
• 23:47
  He's done it before, but he only does it in very specific Fact
• 23:53
  Check in real time. He only does it, but he only
• 23:55
  does it in like to emphasize his points and he does it few like
• 24:01
  he does it very he doesn't do it often.
• 24:03
  Got it. OK, every once in a while.
• 24:05
  Got it. OK, well then that points move.
• 24:07
  But anyways, I think it does go to show there is a lot of
• 24:10
  uncertainty in the markets or rather even global geopolitics
• 24:14
  right now. But one thing is for sure, we're
• 24:16
  seeing that the markets are reacting in the way that they
• 24:19
  would think that there is a ceasefire.
• 24:21
  World War 3 is basically over. It's not just Bitcoin that is
• 24:24
  pumping. Obviously the S&P 500 is pumping
• 24:27
  this morning. Like all the markets are
• 24:29
  reacting in a favorable way right now.
• 24:32
  And obviously as a Bitcoiner, you love to see it.
• 24:35
  And as everyone was saying in the chat, you like, why would
• 24:39
  you sell the most liquid store value, permissionless,
• 24:42
  censorship resistant money that the world, the best that the
• 24:44
  world has ever seen in the face of all of this uncertainty?
• 24:48
  It makes no sense to a lot of people.
• 24:49
  But when you understand Bitcoin is the most liquid thing in the
• 24:52
  market, obviously it's still considered a risk on asset or,
• 24:56
  you know, a risk, a more risky bet.
• 24:58
  That's probably why it's being sold right now.
• 25:01
  People need to sell it so that they can, you know, get some
• 25:03
  liquidity. What's that *** You brought up a
• 25:05
  really good point, right? And I've heard, by the way,
• 25:07
  shout out to the Rumble. Seems like we're 582 live
• 25:12
  viewers on Rumble alone. If you guys are enjoying the
• 25:15
  stream on Rumble, make sure to smash that like button.
• 25:18
  Give us a follow on Rumble, the YouTube stream coming in hot as
• 25:22
  well, and of course, the X stream.
• 25:24
  So if you guys are enjoying today's simply Bitcoin live,
• 25:26
  smash that like button. But I'll add to your point,
• 25:30
  Opti. It seems like Bitcoin is the
• 25:32
  most sensitive because it's trading 24 hours.
• 25:36
  So that's why I kind of made that joke like earlier in the
• 25:40
  day where I was like, dude, this is hilarious.
• 25:42
  Like the Bitcoin price is literally trading to Trump's
• 25:46
  tweets, right? Like, I wonder if he tells his
• 25:49
  sons beforehand, like, yo, guys, Baron's a good trader, dude.
• 25:53
  Remember how he gave like everyone a heads up on one of
• 25:56
  the, on the tariffs? You know, he's like, guys, it's
• 25:59
  a, it's a really good time to buy right now.
• 26:01
  And then he's like, all right, we're walking back to tariffs
• 26:04
  and then the market goes up like 2030%.
• 26:07
  You know, So I, I, I got to say man, Master Statecraft, He's he,
• 26:12
  he's playing the art of the deal, bro.
• 26:13
  This isn't, this isn't a run-of-the-mill politician.
• 26:17
  Ben, do you agree? Do you disagree?
• 26:19
  Absolutely, brother. And and I mean, let's really be
• 26:24
  honest here. And I know we're on YouTube, so
• 26:27
  I can't be that damn honest, but Iran, Ukraine, Israel, all of
• 26:38
  these, let's call them areas of issue.
• 26:43
  We created them, America. We created Iran in the 1970s
• 26:54
  when we got rid of the Shah. And who has ran Iran?
• 27:00
  We have. The CIA has always ran Iran.
• 27:05
  Yeah, so we're, we're, I'm going to pivot the conversation here a
• 27:08
  little bit, Ben. I'm going to pivot the
• 27:10
  conversation a little bit here, Ben.
• 27:12
  I'm going to and I'm going to and I'm going to say what, what,
• 27:17
  what, what funds, what funds this.
• 27:19
  Let's let's cover that topic, right?
• 27:20
  Because you said something really interesting, right?
• 27:22
  Which is OK. You know, these countries have
• 27:27
  had a lot of influence by the United States, right?
• 27:30
  That that's the argument that you're making in a general
• 27:32
  consensus, right? We are on YouTube, guys.
• 27:34
  We love YouTube. We all love the YouTube
• 27:36
  platform. So we're trying to play by the
• 27:37
  rules, right? So, but OK, so, but let's kind
• 27:42
  of hone in on how the US is able to do that in the 1st place.
• 27:47
  The US is able to do that because it has because it has a
• 27:51
  money printer, fundamentally because it has a money printer.
• 27:55
  That's what that's what I really want to focus on, right?
• 27:57
  Because it's like we can go into the nitty gritty and we can go
• 28:00
  into a lot of the topics that are outside the Overton window
• 28:03
  that perhaps are not acceptable on on this platform.
• 28:06
  But let's address, let's address I, I, I would love that.
• 28:11
  But let's, let's address, I would love that.
• 28:14
  But let's address the core issue, right?
• 28:16
  How is the US able to influence all these countries in the 1st
• 28:20
  place? And the, the reason it's able to
• 28:22
  do that is because of the money printer, because it's able to
• 28:26
  create money for free that everyone else has to work for.
• 28:30
  As Bitcoiners, we have the solution to this.
• 28:32
  We have this. I can't, I'm gonna say this
• 28:34
  multiple times. We have the solution to fix
• 28:37
  this. And the way that you fix this is
• 28:40
  not by voting harder, Daddy. That's important.
• 28:43
  It's important. It's important that Trump was
• 28:45
  elected, right. But this, I don't think
• 28:49
  realistically that you're going to, it's going to be politically
• 28:53
  feasible for you to basically end the Federal Reserve.
• 28:58
  I think the way that that's gonna happen is by a percentage
• 29:04
  of the population opting out of the Fiat system itself.
• 29:09
  And then by doing so, you're peacefully protesting against a
• 29:14
  lot of these things that perhaps you might not agree with, and
• 29:18
  you're entering into sovereign money.
• 29:20
  So you're actually doing two things simultaneously.
• 29:23
  You're peacefully protesting, say, listen guys, I don't agree
• 29:26
  with the war machine, right? And simultaneously, you're
• 29:29
  reclaiming back your financial sovereignty and you're
• 29:33
  protecting yourself from currency debasement.
• 29:35
  Is that is that correct? Then yeah, it's all of this is
• 29:39
  the Federal Reserve and Global Reserve system.
• 29:44
  That's what this was all created for.
• 29:47
  This is not an accident. This was created to destroy the
• 29:53
  Western world. That's it.
• 29:57
  It it wasn't. Well, we had good intentions.
• 30:01
  We hooked up with Keynes. He had a couple of good ideas,
• 30:06
  so we rolled with it. No, this was planned to destroy
• 30:12
  number one America and whatever friends we had.
• 30:18
  This is how do you kill a society?
• 30:23
  You devalue their labor and that 100%.
• 30:29
  Exactly. 100 a 100% and let's break down let's break down the
• 30:34
  let's break down the claims that Ben is making right.
• 30:37
  So I 100% agree and this is not fringe.
• 30:41
  This is not like this is not a fringe type of thought, ladies
• 30:46
  and gentlemen. Like think about it, right?
• 30:50
  Even the founding fathers. If you could pull up the the
• 30:53
  quote by George Washington relating to paper money Opti,
• 30:56
  you'd be great. And if you guys look at the
• 30:59
  history of the United States during what they call, they try
• 31:03
  to demonize this era in American history, which is the the
• 31:06
  Wildcat, the the wild banking era.
• 31:09
  But my response to that is basically like, OK, how many
• 31:17
  world wars happened during that era #1 #2 how many great
• 31:23
  depressions happened during the so-called Wildcat era, the wild
• 31:30
  banking era? How many depressions and world
• 31:34
  wars happened during the central banking era?
• 31:36
  OK. So I'll leave you guys with
• 31:38
  those. Those are facts, by the way.
• 31:40
  That's not opinion. You could do this research
• 31:42
  yourself. Those are not politically heated
• 31:45
  arguments. Those are facts that you can
• 31:47
  verify. Please verify.
• 31:48
  Don't take my word for it. Right.
• 31:50
  So let's establish that. The second thing we're gonna
• 31:53
  establish right before I read this quote from the founding
• 31:57
  father of the United States, George Washington and Andrew
• 32:01
  Jackson, by the way, because they tried to establish multiple
• 32:04
  central banks in the United States multiple times.
• 32:08
  And Andrew Jackson brought them down, right?
• 32:11
  And you can make an argument, right?
• 32:13
  I'm gonna color between the lines here, very close to the
• 32:17
  lines. You can make the argument that
• 32:19
  some presidents put their lives at risk trying to fight this
• 32:24
  system, right? This is this is this is truth.
• 32:27
  You can, we can research this. Do not take my word for it,
• 32:31
  Research it, right? So they've been trying to
• 32:34
  institute a central bank in the United States that has been
• 32:39
  taking basically the wealth of the lower and middle classes
• 32:43
  that don't have the means to save in assets, and it's
• 32:46
  redistributing it back to the very wealthy and back to the
• 32:50
  government. That is the reality.
• 32:53
  That is what is happening, right?
• 32:55
  So it is not fringe for you to be against central banking,
• 33:00
  whether you're a conservative or you're a progressive, if you are
• 33:04
  in the working class or you're in the lower classes.
• 33:08
  I'm telling you, central banking is not working for you.
• 33:12
  It is working against you. It is stealing your time, your
• 33:16
  energy and your effort. You don't believe me?
• 33:20
  This is a quote from George Washington himself.
• 33:22
  He says paper money has had the effect in your state that it
• 33:26
  will, that it ever will have to ruin commerce, oppress the
• 33:31
  honest and open open a door to every species of fraud and
• 33:36
  injustice. Founding fathers knew the
• 33:38
  dangers of paper money. So, guys, just wake up, you
• 33:44
  know, just wake up. Pay attention to what's going on
• 33:48
  around you. And, you know, I love Ben's
• 33:51
  theory about how, you know, this stable coin proliferation is
• 33:56
  just going to expedite, you know, the end of the Federal
• 34:01
  Reserve in a very peaceful and democratic way, I just might
• 34:04
  add. Anyways, guys, we have a hell of
• 34:07
  a show lined up for you guys make sure to smash that like
• 34:10
  button. We're on the verge of breaking
• 34:11
  2000 live viewers just on YouTube and X rumbles coming in
• 34:16
  strong 250 live viewers on Rumble smash that like button.
• 34:22
  We still have a ton of things to talk about on today's show.
• 34:26
  Senator Lummus is proposing a bill that would end tax
• 34:32
  implications for for Bitcoin for small purchases, which again
• 34:38
  would make it like a money, right.
• 34:40
  If the reason that Bitcoin is not used so much as a money
• 34:44
  right now is because every time you you use Bitcoin as money to
• 34:50
  buy something, it's a taxable event.
• 34:54
  I don't think that's fair, right?
• 34:56
  That doesn't apply to Fiat money.
• 34:58
  But before we get into all that, I do want to give a shout out to
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• 38:21
  All right, everybody, we are back.
• 38:22
  At the time of recording, the Bitcoin price is $105,980 block
• 38:29
  height 902,544 stats per dollar 944 market cap 2.11 trillion
• 38:36
  Bitcoin versus gold market cap 9.02% decline from all time high
• 38:41
  -5.3%. If you're buying Bitcoin right
• 38:44
  now, you're getting it at a 5.3% discount.
• 38:48
  Realize monetary inflation. My favorite stat, Continuing to
• 38:51
  take Fiat currencies to absolute school .84%.
• 38:56
  Anyways, the Bitcoin Senator, Senator Cynthia Lummis of
• 39:01
  Wyoming, has introduced a bill in Congress that has the
• 39:07
  potential to be passed again. It's another Bitcoin slash
• 39:12
  crypto friendly bill that is being introduced and it's also
• 39:18
  being introduced by Congressman Mike Rogers and part of the bill
• 39:23
  it says, or I believe they're, maybe they're just saying this
• 39:26
  as a statement that they, that we must pass an exemption to
• 39:31
  allow Americans to use Bitcoin for small everyday purchases
• 39:35
  without triggering Burdyson tax reporting.
• 39:39
  The way that it works right now, ladies and gentlemen, is if you
• 39:43
  want to do things legally, which we recommend here, it's simply
• 39:46
  Bitcoin. Every time you spend Bitcoin,
• 39:51
  it's a taxable event, right? You have to pay capital gains
• 39:55
  tax for that Bitcoin that you spent, or perhaps you had a
• 39:59
  loss, right? But you have to stay on tops on
• 40:02
  top of that. This in my opinion, right, this
• 40:06
  isn't fair. Why isn't this fair if you go?
• 40:11
  And you go to Europe and you spend a euro, right?
• 40:16
  And you change dollars to euros, right?
• 40:20
  And you spend a euro. You don't get taxed for that.
• 40:24
  That's seen as money, right? What is the difference between
• 40:28
  Bitcoin and a dollar and Bitcoin and a euro?
• 40:30
  Why do you think the IMF was so hell bent on reversing El
• 40:38
  Salvador's Bitcoin law? Why do you think they were so
• 40:43
  hyper obsessed about that? Because they cannot allow, under
• 40:47
  any circumstance, for Bitcoin to be viewed on equal terms as Fiat
• 40:54
  money. Why is that the case?
• 40:57
  Because it proves that money can exist without inflation.
• 41:04
  And that is very bad news for the people that like to print
• 41:07
  money, right? It comes down to this.
• 41:09
  And by the way, this is inclusive.
• 41:11
  If you're progressive, this effects you.
• 41:14
  If you're conservative, this effects you.
• 41:16
  If you're a libertarian, this effects you.
• 41:18
  Unless you're part of the 1% or the top 5% of America that owns
• 41:24
  all the assets, every time they print money, you are getting
• 41:28
  poor. That's, that's a reality.
• 41:32
  It doesn't matter where you lean, left or right, right,
• 41:36
  you're getting poor every time they print money and all
• 41:38
  Bitcoiners are saying is like, dude, like that's not fair.
• 41:42
  Like let me use the money that doesn't debase.
• 41:46
  And guess what happens when you start using Bitcoin as your unit
• 41:49
  of account? Things don't get more expensive.
• 41:53
  The American dream isn't dead. The American dream is alive and
• 41:56
  well. If you are living on a Bitcoin
• 41:59
  standard, things get cheaper for you over time, right?
• 42:03
  So this is the problem. This is This is why the IMF
• 42:06
  didn't want El Salvador to have the Bitcoin law.
• 42:09
  This is why the IMF didn't want El Salvador to have Bitcoin as
• 42:12
  legal tender. It comes down to this.
• 42:14
  So I love these things because it's heading in the right
• 42:17
  direction. We have to understand Bitcoin is
• 42:20
  money, guys. This is like, I understand, like
• 42:24
  Bitcoin is a commodity. Yeah, it's a commodity too.
• 42:26
  But Bitcoin is money. Fundamentally, it is money,
• 42:29
  right? So this is great.
• 42:32
  Also in the state of Ohio, it already got passed into law.
• 42:35
  Ohio how Ohio, how Ohio House passes bill allowing up to $200
• 42:43
  tax free crypto payments. Again, basically saying, and it
• 42:48
  was 70 to 26. I'm sure some some Democrats
• 42:51
  jumped on this, which is a fantastic, we want that
• 42:54
  bipartisanship, but it's basically saying, hey, look,
• 42:58
  guys, if if it's a transaction under $200 and you're paying for
• 43:03
  it in Bitcoin or crypto, it's exempt from capital gains.
• 43:07
  Now this is on the state level, but you can, as you can see,
• 43:10
  this is happening on the on the federal level as well.
• 43:13
  And here is more information regarding the bill that was
• 43:16
  introduced. I have a clip for you guys.
• 43:18
  I'm going to play it and then we will all talk about it and
• 43:21
  analyze it. Joins us with more on that,
• 43:24
  Emily. Good morning.
• 43:27
  Good morning, Becky. Yeah, well, CNBC got an
• 43:29
  exclusive first look at what could be the biggest crypto bill
• 43:32
  of the year coming out of DC. Banking Chairman Tim Scott along
• 43:37
  with Senator Cynthia Lummis introduced a framework today for
• 43:41
  a piece of legislation that would really provide the rules
• 43:44
  of the road for crypto and other digital assets.
• 43:47
  Now, this framework includes things like a definition of
• 43:49
  digital assets when they would be regulated as a security
• 43:53
  versus as a commodity of the framework for the bill commits
• 43:56
  to reducing regular. And it also says that there is a
• 43:59
  need for a small common sense package of measures directed at
• 44:03
  things like preventing money laundering and sanctions
• 44:05
  evasion. Now, the bill is yet to come.
• 44:08
  But Lumnus, who called for the bill to pass before the end of
• 44:11
  the year, has said in a statement to CNBC that while the
• 44:14
  European Union and Singapore have established clear
• 44:17
  regulations, US continues to sit on the sidelines while the
• 44:21
  digital asset industry seeks greener pastures.
• 44:24
  That changes today. She says the new outline builds
• 44:28
  on momentum last week when the Senate passed a stable coin bill
• 44:31
  with strong bipartisan support. Trump is now pushing for the
• 44:34
  House to move on that bill, saying on Truth Social that the
• 44:37
  House must get it to my desk ASAP.
• 44:40
  No delays, no add-ons. But the House has their own
• 44:44
  version of not just the stable coin bill, but also today's
• 44:48
  introduced bill on market structure.
• 44:50
  And Chairman French Hill says he wants them to move together
• 44:53
  before the end of August. So a lot of crypto news coming
• 44:56
  up on Capital Hill. Becky, Emily, thank you.
• 44:59
  I. Mean this has been the problem
• 45:00
  for so long, the two houses of Congress disagreeing on how it.
• 45:04
  Should get ordered. Wonder if that, but we have we
• 45:08
  basically have two countries. They've been fighting so long
• 45:12
  and so hard that they don't know what the fuck they're doing.
• 45:15
  Do you understand that? All right, everybody, we are
• 45:17
  back. Dude.
• 45:19
  I just I absolutely love that clip.
• 45:21
  I kind of just want to frame it because it's absolutely
• 45:23
  hilarious. But kind of commenting on what?
• 45:28
  Commenting on what? What they were saying.
• 45:31
  Great coverage, by the way, on legacy media.
• 45:35
  Yeah. I mean, this is fantastic.
• 45:37
  This is great. We got the genius act passed.
• 45:40
  You can, dude, could you pull up the picture of Elizabeth Warren
• 45:43
  and frustration? That was hilarious.
• 45:45
  The genius act was passed. Ben was making the case that
• 45:49
  this is this is fantastic. This is one step forward for
• 45:53
  ending the the root cause like Ben was going into the details
• 45:58
  and Ben I would love to do a rumble exclusive where me and
• 46:01
  you just go ham cause me and you will talk.
• 46:04
  For. Me, we and you will talk for
• 46:06
  three hours. Guys, if you just knew the
• 46:09
  surface level of this stuff, like your mind would be blown,
• 46:14
  right? So this is Elizabeth Warren, a
• 46:18
  picture of her when the genius act was passed.
• 46:21
  As you could tell, she was frustrated.
• 46:23
  Could you, could you pull up? No, no, no.
• 46:25
  That's that's rude. Is she?
• 46:28
  Married. Yeah, she's married.
• 46:30
  Yeah, she's married. What?
• 46:32
  Who in the hell? Was she she?
• 46:36
  Elizabeth Warren is a very pretty lady and we respect her
• 46:40
  here at. Simply, she's a very good
• 46:41
  looking man. She's a very pretty lady.
• 46:45
  We respect her here at Simply Bitcoin.
• 46:47
  I don't. I'm sorry Nico, I it it please
• 46:56
  forgive me. You and I will do a show, but I
• 46:59
  just have to say this. Why are we?
• 47:03
  Why do we don't? Get us banned, Ben.
• 47:06
  I won't, brother, I won't. Why do we give a crap what the
• 47:12
  government is telling us we can do with our decentralized money?
• 47:20
  They had no control over it. I can send you Bitcoin whenever
• 47:25
  I want to. Screw Washington.
• 47:28
  DCI. Love Trump, I love what he's
• 47:31
  trying to put in place. But what I've never wrapped my
• 47:35
  head around is we know that the IMF, absolute evil piece of
• 47:43
  craps, the Federal Reserve was actually created to slowly kill
• 47:51
  all of us. Hang on financially, wink wink
• 47:56
  and and all we had the SEC, which is not even a legitimate
• 48:04
  constitutional entity. And yet we have all of these
• 48:10
  people who give AF what these people say.
• 48:17
  They're all illegitimate. They all are not constitutional,
• 48:23
  and why we keep on giving them any ounce of credibility amazes
• 48:30
  me. If you have a system that was
• 48:33
  created to destroy you, your family and your country, why the
• 48:39
  hell do we keep listening? I don't care what chair, I like
• 48:44
  to call him Chairman Powell because he reminds me of
• 48:48
  Chairman Mao is is why are we listening to this dipshit?
• 48:56
  He's he's the head of a criminal organization that has robbed us
• 49:02
  for hundreds of years. And yet, no, let's watch MSNBC
• 49:07
  and give a crap what he says. These are all evil people in an
• 49:12
  evil system that have killed millions of Americans and
• 49:16
  millions of people all over the world.
• 49:18
  And for some reason we keep giving them airtime like they
• 49:23
  matter what we. Let's, but let's, let's
• 49:27
  breakdown. Let's breakdown.
• 49:28
  What let's No. No, no, it's, it's all good.
• 49:32
  Let's breakdown. We have to do a Rumble exclusive
• 49:34
  episode so we can do a deep dive on all this.
• 49:37
  But so look, let's let's breakdown, right?
• 49:40
  So the Ron Paul quote comes to mind, right?
• 49:43
  It's not a coincidence that the century of central banking is
• 49:46
  also the bloodiest century in human history, right?
• 49:48
  So what does Ben mean by all of this?
• 49:51
  So like making these claims like look like, you know, the Federal
• 49:55
  Reserve and this system is putting the lives of Americans
• 49:59
  at risk. Like what he, what does he mean
• 50:01
  by that? Very simple.
• 50:04
  Back in I, I, I love reading about history 'cause you read
• 50:07
  about history and you kind of start to see patterns and stuff
• 50:11
  back in the Middle Ages. If you take a look at the 100
• 50:13
  years War, essentially the reason it was 100 years is
• 50:20
  because essentially when it was between France and England.
• 50:25
  And what would happen was that the wars would really last
• 50:29
  between two or three years. And then one side or the other
• 50:34
  would run out of gold. And then they would have to come
• 50:37
  up with the treaty right to stop the war, right?
• 50:41
  Because they couldn't pay the soldiers.
• 50:43
  So think about this for a second.
• 50:45
  So they couldn't pay the soldiers, so the soldiers would
• 50:47
  have to go home. And then when they had more
• 50:51
  gold, they would care. OK, Eric, guys, time to go back
• 50:53
  to war. The problem with central banking
• 50:56
  has been so like passionately just described.
• 51:00
  And by the way, I feel the same, you know, passion inside.
• 51:05
  I'm just trying to YouTube. I'm doing my best bro is you
• 51:13
  know the reason that you know the reason that we feel so
• 51:18
  passionately about this as bitcoiners is because of the
• 51:24
  Federal Reserve. It gives the ability for the
• 51:27
  government to create money out of thin air, therefore funding
• 51:32
  the endless war machine. And who are the victims of that?
• 51:37
  Everyday Americans. Everyday Americans, lower middle
• 51:42
  classes that are fighting for a 'cause they, they believe in
• 51:47
  this, right? And then they come home, right?
• 51:50
  And then, you know, they're maimed, they're injured, right?
• 51:54
  It, it's, it's horrific. War in war is terrible.
• 51:57
  And what sound money does is it makes war expensive.
• 52:03
  It actually makes trade and commerce more lucrative than war
• 52:09
  in a Fiat money system. In a fake money system, it makes
• 52:13
  war more profitable than commerce, Right?
• 52:16
  So you have a misalignment of incentive.
• 52:18
  This is what Ben is describing, right?
• 52:21
  So let's end the wars for good. Buy Bitcoin and war.
• 52:27
  That's not a hyperbolic statement.
• 52:28
  When we say that, that's not an over exaggeration.
• 52:32
  That is reality. That is reality.
• 52:35
  The reason that you have these endless wars is because they can
• 52:39
  fund them endlessly. What bitcoiners are advocating
• 52:43
  for is enough is enough. That's it.
• 52:47
  I, I don't want to do this anymore.
• 52:49
  I'm going to earn by mine a currency that I can put into
• 52:56
  self custody, being I have total custody over it that cannot be
• 53:00
  debased. And therefore it takes away
• 53:04
  their ability to fund endless wars.
• 53:07
  That's what Ben is saying in a very way.
• 53:10
  But yes, that is the system that we currently live in and.
• 53:16
  A slavery system. It was created to enslave us.
• 53:22
  Because when you rob us of our purchasing power, you are taking
• 53:30
  away our time. That's our life.
• 53:34
  That's our sovereignty. That is our time.
• 53:39
  We have a limited amount of it. So if you devalue the unit in
• 53:47
  which we hold our reserve of time, then that is slavery,
• 53:54
  because after. 100. Percent after yeah, I won't even
• 54:01
  go there, but what I will say is World War One was absolutely a
• 54:09
  lie World War 2 absolutely a lie Korean War absolutely a lie
• 54:18
  Vietnam absolutely a lie. I.
• 54:22
  Let me, let me, let me, let me, let me rephrase this, let me
• 54:25
  rephrase this. So the the the wars were real.
• 54:29
  Right and. A lot of people, unfortunately,
• 54:33
  you know, perished and, and, and, and a lot of American
• 54:36
  patriots fought, you know, for, for a good cause.
• 54:41
  But what Ben is trying to say is, is trying to articulate is
• 54:45
  the motivation, the reasons as to why we went to war in the
• 54:50
  first place. Was a lot.
• 54:52
  Why the American people were sold on the justifications for
• 54:58
  those wars was not true or let let me let me actually be a
• 55:03
  little bit more politically correct.
• 55:05
  It was a lot more there there there was a lot there was a
• 55:09
  there was a lot more nuance. There was a lot more nuance.
• 55:12
  And here's the thing about this, about this statement from Ben
• 55:17
  right now, we're getting to a point that we have been since
• 55:23
  the United States has been through endless wars, since
• 55:26
  Eisenhower warned about the military industrial complex.
• 55:30
  The thing is, the war excuses are suffering from inflation
• 55:34
  themselves. At this point, the majority of
• 55:38
  the American people do not believe in the excuses anymore.
• 55:43
  We had the good faith, the war in Korea, the war in Vietnam,
• 55:48
  the war, all those wars we had, they had the good faith of the
• 55:52
  American people at this point when they tried to sell us on
• 55:56
  this previous one, the vast majority of the apparent
• 55:59
  American people were not buying it.
• 56:01
  They're like, Oh my God, this is like whole we've seen this
• 56:04
  before. This is not a good idea, right?
• 56:07
  So, but it doesn't try to it, it doesn't stop the machine from
• 56:11
  trying. And what Bitcoiners are
• 56:13
  advocating for is it's the machine is going to continue to
• 56:18
  try if we don't fix the incentive structure where I, I
• 56:24
  actually posted this the other day.
• 56:26
  I have to, I have to read it for you guys, 'cause it was, it was
• 56:28
  really, really, really good. If this actually loads, if we
• 56:32
  don't fix the incentive structure, this we are destined
• 56:37
  to keep repeating. It's repeating this over and
• 56:41
  over again. And the reason for that is
• 56:43
  simple. It's again, I don't blame a lot
• 56:49
  of these people. I don't, I, I won't even say
• 56:51
  that they're inherently evil. I would just say that they're
• 56:54
  it, it, it causes a certain type of incentive and that is what
• 57:00
  you're witnessing right now. Here's this is what I said.
• 57:03
  I said governments have no incentive to perform because no
• 57:07
  matter how disastrous there's decisions are, they can still
• 57:11
  pay for themselves separate money from state right, So I'll
• 57:15
  just leave it at that. And guys, let's move on to the
• 57:18
  new segment. By the way, I want to give a
• 57:21
  shout out to the live stream 2023 of you guys watching live
• 57:26
  between YouTube and X smash that like button.
• 57:29
  If you guys are enjoying today's content 200 of you guys watching
• 57:32
  live on rumble. Let's get to the new segment.
• 57:34
  We have tons to talk about. We will be right back in just
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  store. All right, let's jump straight
• 1:00:37
  into today's news segment. Big, big news, big win for the
• 1:00:43
  freedom movement. Here is Senator Cynthia Lummis
• 1:00:46
  of Wyoming in February. I expose the Fed's aggressive
• 1:00:51
  reputational risk policies that destroyed American Bitcoin and
• 1:00:56
  digital asset businesses. Wow, this is really hard.
• 1:01:00
  Today, the Fed announced that it will scrap reputation risk as a
• 1:01:04
  factor in its bank supervision. This is a win, and there is
• 1:01:08
  still more work to be done. So she's pointing out again,
• 1:01:15
  explicit and undeniable proof of of choke .2 point O.
• 1:01:20
  And she has a screenshot of Reserve Bank staff generally
• 1:01:24
  should consider the conduct of the institution and its
• 1:01:28
  leadership, whether association with the institution poses undue
• 1:01:32
  reputational risk to the Reserve Bank.
• 1:01:35
  And now you're hearing this and you're like, and I'll read you
• 1:01:38
  the official press release cause again, guys, this is insidious.
• 1:01:42
  This is very insidious. The wording, you have to pay
• 1:01:45
  attention to it. So here's the official release.
• 1:01:48
  And by the way, This is why did this happen?
• 1:01:52
  Elections have consequences. The Trump administration came
• 1:01:57
  in, they put pressure on the Fed. the Fed was not a fan of
• 1:02:02
  of, of of Bitcoin and crypto. I would say they were complicit
• 1:02:07
  in Operation Choke .2 Point O. There was, there was a
• 1:02:10
  screenshot of Senator Lummis catching the Fed with their
• 1:02:15
  plans to essentially launch a central bank digital currency.
• 1:02:20
  Here's Jerome Powell testifying in front of Congress as it
• 1:02:24
  relates to the industry. Banks get to decide who their
• 1:02:28
  customers are. That's not that's not our
• 1:02:30
  decision. And so banks are free to provide
• 1:02:34
  banking services to crypto, the crypto industry to crypto
• 1:02:37
  companies and bank. Banks are also free to conduct
• 1:02:41
  crypto activities as long as they do so in a So that is I'm
• 1:02:46
  telling you guys, you have, you have to understand the wording
• 1:02:49
  here. The framing is extremely
• 1:02:51
  important and we've been dedicated, we've been spending
• 1:02:55
  the last two or three years for you guys breaking down the
• 1:02:59
  framing, the importance of framing.
• 1:03:01
  We accurately called what would happen after the Tornado Cash
• 1:03:06
  arrest. We said the Tornado Cash arrest
• 1:03:09
  would lead to a precedent that would essentially make it so
• 1:03:13
  that open source software is is able to be sanctioned by the US
• 1:03:18
  government. Then that led to the arrest of
• 1:03:22
  the Tornado Cash developers, right?
• 1:03:25
  So we were on top of all this. You guys have to understand this
• 1:03:28
  isn't just like one day to the other.
• 1:03:30
  Self custody is banned. No, no, no, that's not how it
• 1:03:32
  works. You have to set precedents, you
• 1:03:35
  have to set narratives, you have to set framings.
• 1:03:38
  That's why you heard wording like you know an unhosted
• 1:03:43
  wallet. That word was complete.
• 1:03:47
  It it it was invented to make it seem like an unhosted wallet is
• 1:03:53
  abnormal, right? Think about the word an unhosted
• 1:03:57
  wallet unhosted, right? Hosted makes it seem like that's
• 1:04:01
  normal, but hosted means it's in custody of a third party.
• 1:04:07
  Unhosted means that it's in self custody.
• 1:04:09
  You see how they play with words?
• 1:04:11
  Words are extremely powerful here.
• 1:04:14
  So we're gonna do a, a, a, a breakdown of this press release
• 1:04:20
  that came out. And this was a huge win.
• 1:04:22
  So this came out of the Federal Reserve.
• 1:04:24
  So the Federal Reserve Board on Monday announced that
• 1:04:26
  reputational risk will no longer be a component of examination
• 1:04:31
  programs and it's supervision of banks.
• 1:04:35
  OK, you're looking at that, it seems innocent, right?
• 1:04:39
  Like reputational risk, Nico, Like, Oh my God.
• 1:04:41
  Like reputational risk. That's true.
• 1:04:44
  That's important. Like, you know, like we should
• 1:04:47
  care about reputation. Here's the problem.
• 1:04:50
  Who gets to define what is reputation?
• 1:04:53
  It's the same thing with speech. Who gets to define what is
• 1:04:58
  appropriate speech and what is not appropriate speech?
• 1:05:00
  The 1st Amendment, it's not perfect, but the Founding
• 1:05:04
  Fathers understood that the moment the government has the
• 1:05:10
  ability to define what is, what speech is OK and what speech is
• 1:05:15
  not OK, they would be politically motivated and
• 1:05:19
  incentivized to go after certain speech.
• 1:05:23
  That's why the First Amendment is the way it is.
• 1:05:26
  That that's why in the United States we have freedom of
• 1:05:30
  speech. It's not perfect, but it's
• 1:05:32
  better than the alternative because the alternative will be
• 1:05:35
  abused. So what they used here in this
• 1:05:38
  language was wordsmithing. It's very, very, it's very, very
• 1:05:43
  tactical. It's very, very, you know,
• 1:05:46
  surgical the way that they, they, they did it because you're
• 1:05:49
  like reputational risk. Like that's true.
• 1:05:52
  But what is reputational risk? Like, let's talk about that.
• 1:05:55
  Let's do a little bit of a deep dive.
• 1:05:58
  So reputational risk is the risk that a the bank or company will
• 1:06:03
  suffer damage to its public image, which in turn could lead
• 1:06:08
  to financial losses like losing customers, investors, or
• 1:06:11
  partners. In practice, it means regulators
• 1:06:15
  or risk officers might flag or punish behavior not because it's
• 1:06:20
  illegal or fiscally reckless, but because it looks bad or
• 1:06:26
  might offend public opinion. Wait a second.
• 1:06:30
  The The country's completely divided it.
• 1:06:34
  How? How can you?
• 1:06:36
  Which way? What what what do you mean?
• 1:06:39
  Some Some banking activities might offend a certain group of
• 1:06:44
  people. Some banking activities might
• 1:06:46
  offend another group of people. If it's not illegal, then who
• 1:06:52
  gets to decide that, right? That's the problem.
• 1:06:54
  When they use these broad term, it is purposely vague, right?
• 1:06:59
  So I'll give you a couple examples.
• 1:07:02
  A bank does business with an oil company activist protest
• 1:07:06
  regulators. Regulators call it reputational
• 1:07:09
  risk. You could see how that could be
• 1:07:12
  weaponized. A payment processor serves
• 1:07:15
  politically controversial figures, media, a backlash,
• 1:07:19
  reputational risk. A bank supports firearm
• 1:07:23
  manufacturers, social pressure, reputational risk.
• 1:07:27
  By the way, none of those things are illegal.
• 1:07:31
  All of those things are legal, right?
• 1:07:34
  So you can see how that's weaponized.
• 1:07:37
  And that has been weaponized over the last four years,
• 1:07:40
  including against the president's own family.
• 1:07:45
  Eric Trump made a speech at the Bitcoin conference talking about
• 1:07:49
  how his family was debanked. One of our lead sponsors of
• 1:07:55
  Bitcoin. Well, the CEO, Adam O'Brien, he
• 1:07:59
  is debanked across Canada, right?
• 1:08:02
  Remember the the Canadian truckers protest.
• 1:08:05
  So this vague, objective, easy pit politicized, you know,
• 1:08:12
  reputational risk was used to go after certain political
• 1:08:18
  ideologies. Here's Will, certain political
• 1:08:22
  ideologies in their constituents.
• 1:08:24
  So here's Will Hild. And he said the Federal Reserve
• 1:08:26
  Board just announced that they are eliminating reputational
• 1:08:29
  risk as a component of bank exams.
• 1:08:31
  This is a huge win. This was one of the key tools
• 1:08:34
  big banks used to try to justify their de banking of certain
• 1:08:39
  political of of certain political ideologues, right?
• 1:08:44
  So anyways, now check out the framing.
• 1:08:47
  I always talk about framing, guys.
• 1:08:48
  It's so important. The framing of this is so
• 1:08:52
  important. Check out this Wall Street
• 1:08:54
  Journal article responding to this press release by the
• 1:08:59
  Federal Reserve. It says big banks worried about
• 1:09:03
  being Trump's next target race, race.
• 1:09:06
  To appease Republicans, Texas and Oklahoma have banned some
• 1:09:12
  banks from state contracts, saying they discriminate against
• 1:09:16
  the gun and fossil fuel industry.
• 1:09:20
  Are those industries illegal? Are are fossil fuels illegal?
• 1:09:24
  You see how they changed? You see how they did?
• 1:09:27
  Like a little bait and switch. It's like, oh, my God, they're
• 1:09:31
  discriminating against banks. No, no, no, no, no, no, no, no.
• 1:09:34
  The banks discriminated against certain industries and they no
• 1:09:39
  longer have the protection of the Federal Reserve because the
• 1:09:44
  Federal Reserve saying, no, you can't say you can't use
• 1:09:46
  reputational risk as an excuse, right?
• 1:09:50
  But you could see how the media, the legacy media is trying to
• 1:09:54
  frame this. Big banks worried about being
• 1:09:57
  Trump's next target. Really.
• 1:09:59
  I, I remember the last four years it was, was who was the
• 1:10:03
  one being targeted. Who was the one being targeted,
• 1:10:06
  ladies and gentlemen. And again, I'm not going to talk
• 1:10:09
  about Trump specifically, but I remember our industry being
• 1:10:13
  targeted for the last four years, right?
• 1:10:15
  We were a reputational risk, even though nothing that what
• 1:10:18
  we, we were doing was blatantly illegal.
• 1:10:22
  But again, someone decided that it was a quote UN quote
• 1:10:25
  reputational risk, right. So anyways, I just want to break
• 1:10:29
  all of this stuff down for you guys.
• 1:10:31
  So you guys are armed with the tools so that when you go in
• 1:10:35
  Thanksgiving and you have that one family member that for
• 1:10:39
  whatever reason is still reading the New York Times or the Wall
• 1:10:41
  Street Journal and they're looking at these articles.
• 1:10:44
  You're able to argue with them, with the truth, with the facts
• 1:10:49
  on your side, and you're able to understand media narratives and
• 1:10:54
  you're able to understand how the media phrases things in
• 1:10:58
  order for you to get a certain type of response back.
• 1:11:03
  Anyways, I'm going to pass it on to Ben.
• 1:11:04
  Ben, we are on YouTube. Please give it 10% of what you
• 1:11:09
  would normally give it. This is the equivalent of a
• 1:11:15
  husband kicking the crap out of his wife.
• 1:11:19
  For years. Metaphorically, metaphorically.
• 1:11:21
  Metaphorically, metaphorically. All of a sudden says, you know
• 1:11:26
  what, I'm going to quit hitting you, but you better make my
• 1:11:30
  dinner, right? I'm watching you.
• 1:11:33
  Metaphorically, this this is a terrible example.
• 1:11:36
  It's a great example. We are cheerleading that the
• 1:11:42
  organization that has attacked us for the last four, eight,
• 1:11:48
  1215 years is not going to hit us so hard.
• 1:11:54
  Oh, thank God. Thank you, Federal Reserve.
• 1:11:57
  Thank you for changing your opinion, but not really changing
• 1:12:02
  your opinion because you're only putting this out on paper and
• 1:12:06
  you're not really going to apply it in real life.
• 1:12:10
  We we are listening to liars, assuming that they're not lying
• 1:12:17
  anymore. Why do we do that?
• 1:12:20
  If a liar is a liar, is a liar, if a liar is lying, why do you
• 1:12:27
  keep listening to the liar? We have the IMF, we have the
• 1:12:32
  Federal Reserve, we have all of these.
• 1:12:35
  We have the progressives, we have the rhinos.
• 1:12:38
  We have all everything going on. Everyone knows what's really
• 1:12:44
  going on, but we want to seem like we don't yet get.
• 1:12:50
  I'm in the middle, you know? I'm a moderate.
• 1:12:53
  No, Do you know what a moderate is?
• 1:12:58
  It's someone who is too large of a Kitty cat.
• 1:13:05
  Different word to actually sit and plant his or her feet and
• 1:13:12
  say no. Well, we finally have a
• 1:13:15
  president who is planting his feet and saying no, no.
• 1:13:22
  And we have a, a huge federal government that is a is anti
• 1:13:31
  getting their jobs eliminated. And our problem is, is we have
• 1:13:38
  generational ignorance of what freedom really is like.
• 1:13:47
  We look at our lives and we think, man, we're free.
• 1:13:52
  My grandfather would have marched on Washington if even a
• 1:13:57
  fraction of this would be going on in his time.
• 1:14:01
  His. Peacefully and democratically.
• 1:14:05
  Yes, I guess so. Maybe my grandfather was a
• 1:14:10
  little different than your grandfather.
• 1:14:14
  He would have done it peacefully, Democratic.
• 1:14:16
  George Washington didn't. So I'm with George and I'm I'm
• 1:14:23
  not saying that we have to rise up with the pitchforks and all
• 1:14:28
  that bullshit. The shoot, we, we just have to
• 1:14:33
  quit listening to liars and we have to I to tell you the truth.
• 1:14:41
  I don't care if the federal government adopts the Bitcoin.
• 1:14:47
  I don't care because it wasn't made for the, the federal, the
• 1:14:51
  federal government. It was made for the people.
• 1:14:54
  Now that's how currencies work. That's how they always have is
• 1:15:00
  you have a group of individuals who choose a unit of exchange
• 1:15:07
  and then all of the shopkeepers will adopt either that unit of
• 1:15:17
  exchange or here's a great example, credit cards.
• 1:15:22
  For years everyone's like, oh, credit cards, I'm never going to
• 1:15:25
  accept credit cards. But now everyone accepts credit
• 1:15:28
  cards. That's where we're at.
• 1:15:30
  We're in a transition from silver and gold to paper money,
• 1:15:40
  from paper money to the, I guess you would actually call it the
• 1:15:49
  Petro dollar. And now we're evolving into the
• 1:15:54
  digital realm and this has allowed us to use technology to
• 1:16:02
  eliminate the middleman. So my argument is why do we give
• 1:16:08
  a crap what the middleman says when we don't need him anymore?
• 1:16:15
  That's that's like leaving your ex-girlfriend, getting a hot
• 1:16:21
  girlfriend, and then seeing what your ex-girlfriend feels about
• 1:16:25
  it. So and then let me, and then let
• 1:16:31
  me, let me, let me make this YouTube friendly.
• 1:16:33
  So essentially, like, so like essentially basically like, you
• 1:16:40
  know, and, and actually Jeff Booth has said this as well,
• 1:16:43
  Ben, which is basically along the lines of like the more
• 1:16:47
  attention you give to the legacy system, the more you empower the
• 1:16:51
  legacy system and the more, the more you can empower yourself is
• 1:16:57
  by opting out entirely and going on to a Bitcoin standard.
• 1:17:03
  And there you become your own citadel just by doing that.
• 1:17:07
  You become a sovereign individual by doing that.
• 1:17:11
  And you, you're, you're absolutely right.
• 1:17:13
  You, you don't really have to pay attention to, you know, the,
• 1:17:19
  the opinions of Jerome Powell because you are in your own kind
• 1:17:25
  of sovereign. You're, you're, you're, you're
• 1:17:27
  basically using the currency of, of a sovereign country in
• 1:17:33
  cyberspace, right? That you're able to custody in a
• 1:17:38
  very effective manner and despite whatever the bankers on
• 1:17:43
  TV in suits have to say, it does not affect you and your Bitcoin,
• 1:17:48
  right? So I 100% agree with Ben's
• 1:17:53
  outlook on here and I'm just trying to make it YouTube
• 1:17:56
  friendly. Anyways, guys, let's let's get
• 1:18:00
  to the culture. We're gonna be talking about
• 1:18:02
  Bitcoin Ben's club. He has so many different
• 1:18:08
  locations. He has one in Sarasota, he has
• 1:18:09
  one in Nashville, he has one in Massachusetts, he has one in
• 1:18:12
  Saint Louis, he has one in Dallas, he has one in Las Vegas.
• 1:18:15
  He has resorts in El Salvador and Bitcoin Ben's jet club,
• 1:18:21
  Bitcoin Ben's Yacht Club. I mean, this is a conglomerate
• 1:18:25
  of Bitcoin Ben all over the world.
• 1:18:28
  So we're going to be talking about that in just one second.
• 1:18:30
  We're going to hit the culture. We will be right back.
• 1:18:34
  I want to give a shout out to our partner Hive Digital
• 1:18:37
  Technology. Why Hive in 2025?
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  Unstoppable growth as the first ever public miner.
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  Hive's position to quadruple their global footprint, making
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  them one of the world's fastest growing miners in 2025.
• 1:18:52
  And with elite operations that consistently topped the industry
• 1:18:55
  in Bitcoin mine, per Exahash. Hive's now headquartered in the
• 1:18:59
  USA. They're lean and mean.
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  They're green and clean, and they're rewriting the playbook
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  on sustainable Bitcoin mining. You can catch the latest buzz at
• 1:19:09
  Hive Digital Tech or at Hive digitaltech.com.
• 1:19:19
  I want to give a shout out to our sponsor Casa.
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  Casa makes self custody easy and secure.
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  As a bitcoiner I care about holding my own private keys, but
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  multi sig can sometimes get tricky.
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  lost or stolen, your Bitcoin stays safe and you don't give up
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  custody. Meaning no one could access your
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  Bitcoin but you. No seed phrase anxiety, no
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  singer point of failure. I've been telling my friends and
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  family about Casa for years. Their UX and UI on their app is
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  by far the best in the industry. Inheritance planning is built
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  in, and they even offer Casa for business.
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• 1:20:16
  All right, everybody, we are back and we got Bitcoin Ben in
• 1:20:20
  the house joining us on today's show, Dropping the Fire.
• 1:20:24
  We're going to have to do a rumble exclusive between me and
• 1:20:27
  Ben, and we're just going to go absolutely ham down the rabbit
• 1:20:32
  hole and talk about some interesting topics.
• 1:20:35
  But no more delay. Let's jump into all this first,
• 1:20:39
  starting off with you, Ben, what is Bitcoin Ben's World Ventures?
• 1:20:43
  What is this? I launched this so we can
• 1:20:49
  actually take the world back because we have, we have a
• 1:20:55
  choice. Either we run the new system or
• 1:21:00
  the old system will take over our system.
• 1:21:06
  So I chose years ago. I'm older, I'm getting older.
• 1:21:15
  I want to change the world. And you can't change the world
• 1:21:19
  if you're sitting on the effing couch.
• 1:21:23
  And I'm going global. I don't care if I run out of
• 1:21:26
  money. I don't care what happened.
• 1:21:29
  I am literally going to get the world more free than when I was
• 1:21:37
  born. When I leave, I want I want the
• 1:21:41
  whole world to say that guy was crazy, but we are a little bit
• 1:21:47
  more free because he was here. And what I want to do is I want
• 1:21:53
  to decentralize everything. That's the only way freedom will
• 1:21:59
  exist. Centralized anything is slavery
• 1:22:06
  of everything outside of the centralization and we have the
• 1:22:13
  technology. Why aren't we doing it?
• 1:22:17
  Why aren't we just decentralizing everything?
• 1:22:22
  We don't need government approval.
• 1:22:25
  We don't need SEC that can kiss my ass.
• 1:22:30
  And it's it's because someone has to plant their feet and, and
• 1:22:37
  I love you Nico, you are amazing, but I'm too old to give
• 1:22:43
  an F. Man, I, I love it.
• 1:22:47
  I love it. And what so, and you want to
• 1:22:49
  decentralize, you want to decentralize this stuff, Ben and
• 1:22:53
  I hear you and I and I, by the way, I, I, I agree with you.
• 1:22:58
  And you know, in a way, I think it's going to happen naturally
• 1:23:03
  as more and more people opt out of the previous system and, you
• 1:23:09
  know, they opt into the new system, the size of government
• 1:23:16
  is going to naturally shrink over time.
• 1:23:19
  And I think the rise of more and more sovereign individuals.
• 1:23:23
  I just had my first daughter and she's going to be a sovereign
• 1:23:28
  individual from a very young age.
• 1:23:31
  She's going to know Bitcoin. She's, she's not going to have,
• 1:23:36
  you know, she, she's not going to be a big fan of Fiat money,
• 1:23:39
  right? And again, one of the, one of
• 1:23:42
  the cornerstones of cornerstones, corner
• 1:23:46
  cornerstones, cornerstones, cornerstones of power that the
• 1:23:53
  state has, the government has is again, Fiat money, the ability
• 1:23:57
  to create money for free. And again, it's not tyrannical
• 1:24:02
  or, you know, it shouldn't be outside the Overton window to be
• 1:24:06
  able to say that like that's a reality.
• 1:24:08
  Fiat money has taken my the, the, the, the future from my
• 1:24:13
  generation, the future of the next generation.
• 1:24:18
  And you know, it's, it's, you know, this is what we're here.
• 1:24:22
  This is what we're fighting against.
• 1:24:24
  So you know, one of the things that we say here, it's simply
• 1:24:27
  Bitcoin is Bitcoin or slavery. That is not a hyperbolic
• 1:24:30
  statement, right? You, you are either in a, a
• 1:24:34
  Bitcoin system, a sound money system that's gonna protect your
• 1:24:37
  purchasing power and it's going to protect your time and your
• 1:24:43
  energy, or you're in a system where it will get debased by
• 1:24:47
  currency debase and by inflation, right?
• 1:24:50
  That's the reality. I want to go through some of
• 1:24:53
  these clubs, Ladies and gentlemen, if you're located in
• 1:24:55
  any of these cities, there's a Bitcoin.
• 1:24:59
  Ben has a club in Sarasota. They have poker night, they have
• 1:25:04
  social events, they have classes, they have meetups.
• 1:25:08
  Bitcoin Ben has a club in Nashville.
• 1:25:12
  There's a podcasting room, center or classes, one-on-one
• 1:25:15
  training. There's Bitcoin Ben's club in
• 1:25:20
  Massachusetts, there's Bitcoin Ben's club in in Las Vegas, and
• 1:25:27
  there's Bitcoin Ben that just just opening by the way, grand
• 1:25:31
  opening in June, Bitcoin Ben's club in Dallas.
• 1:25:36
  And then there is a Bitcoin band club coming to Saint Louis.
• 1:25:40
  Also Bitcoin band resorts, Bitcoin band resort in Crypto
• 1:25:47
  Casa, El Sarador Beach Whale Resort, El Sarador Party Palace
• 1:25:53
  El Sarador and Bitcoin Ben's jet Club and Bitcoin Ben's Yacht
• 1:25:58
  Club. So again, lots of resorts, lots
• 1:26:02
  of clubs, yachts, jets. This is all for sovereign
• 1:26:06
  individuals. This is all for bitcoiners,
• 1:26:09
  right? So check this out, check out the
• 1:26:11
  programs and this is a this is a great way to connect with fellow
• 1:26:17
  Bitcoiners, learn about, you know, the centralized food,
• 1:26:22
  centralized medicine, Bitcoin mining, huddling, you know,
• 1:26:27
  purchasing Bitcoin, right? This is a great, great way.
• 1:26:31
  And seems like Ben, you're also launching a fully regulated
• 1:26:37
  Bitcoin bank as well. That's coming up.
• 1:26:40
  El Salvador. In El Salvador, so that's really
• 1:26:44
  exciting as well. And then beef and Bitcoin again
• 1:26:48
  love that love Texas Slim. He's a huge fan.
• 1:26:52
  We're a big fan of his and he's a friend of the show.
• 1:26:56
  And again, you can check out Texas slim.
• 1:26:59
  You can you can get sent amazing, amazing steak directly
• 1:27:03
  to your home, at least if you live here in the United States.
• 1:27:08
  So yeah, man, I mean, this is awesome, guys.
• 1:27:11
  Go to Bitcoin Ben dot IO to stay tuned on all the things that Ben
• 1:27:18
  is working on to move the world to a, a, a sovereign, sovereign
• 1:27:25
  world, a world where individuals reclaim back their sovereignty.
• 1:27:30
  And this is a great way to connect with fellow Bitcoiners
• 1:27:34
  at all these awesome clubs in all these different cities
• 1:27:38
  across the United States and all these different resorts that are
• 1:27:42
  across El Salvador. Yeah, it's it's.
• 1:27:49
  And let me explain why I launched all of this.
• 1:27:54
  Because we need average people on to learn what is really going
• 1:28:06
  on. We need average truck drivers.
• 1:28:09
  We need average waitresses. We need retired people.
• 1:28:14
  We there are so many people who don't watch YouTube that have no
• 1:28:20
  idea what is really going on with the Bitcoin.
• 1:28:25
  Well, while everyone else is online and sitting in out XS and
• 1:28:32
  all that crap, I knew we'd reach a point where the brand of the
• 1:28:40
  Bitcoin would be so popular and and just everyone would know it
• 1:28:48
  but no one would know anything about it. 90% of the people who
• 1:28:56
  walk in our clubs have never watched a YouTube has have no
• 1:29:03
  idea about crypto Twitter. Now it's them driving by.
• 1:29:10
  They see a huge friggin sign that says your Bitcoin bend
• 1:29:14
  Sarasota or whatever and they walk in and go, you know, my
• 1:29:20
  brother's got a little bit of Bitcoin, but I don't know
• 1:29:23
  nothing about it. We have online classes, we have
• 1:29:29
  at our clubs. We hold classes.
• 1:29:33
  My job, or as I see it, is to educate the average person who
• 1:29:40
  ain't got the time to watch YouTube Monday through Friday,
• 1:29:47
  8:00 until 4. They're out there working two or
• 1:29:50
  three jobs because the Federal Reserve has absolutely slit
• 1:29:55
  their economic throats over the last 125 years.
• 1:30:00
  Metaphorically. Metaphorically, of course, and
• 1:30:04
  that's why I launched these clubs.
• 1:30:07
  We have to help each other because the government sure
• 1:30:12
  ain't going to do it. So it and and actually my
• 1:30:17
  grandfather, I love you Pop always said never say somebody
• 1:30:25
  should do something because you're somebody.
• 1:30:31
  And so I saw a problem. I had a little bit of money and
• 1:30:37
  I'm like, you know what, hell with it.
• 1:30:40
  If I had, if this country is losing freedom and we are going
• 1:30:47
  down in a communistic pile of crap, I'm not just going to sit
• 1:30:55
  and watch. I'm going to go out there.
• 1:30:58
  I'm going to try and educate every single person that walks
• 1:31:04
  or or rides or friggin bike or drives right past my club.
• 1:31:10
  And I'm I am going to advertise on shows and I'm going to get as
• 1:31:17
  many average Joes and James into this industry, into this friggin
• 1:31:25
  currency that we all know and love.
• 1:31:28
  But the average Joes, they don't have time to learn about it.
• 1:31:34
  That's why all of your friends, it isn't that they don't love
• 1:31:38
  you. It isn't that because we all
• 1:31:42
  hey, man, you need to buy Bitcoin.
• 1:31:44
  You need to buy Bitcoin. None of our friends have time to
• 1:31:48
  learn about what the hell you're talking about because they're
• 1:31:52
  all struggling to just keep their heads above water.
• 1:31:59
  And I for 1:00 AM sick and tired of it.
• 1:32:02
  So I'm, I am putting my money and my reputational risk on the
• 1:32:10
  line and I'm saying F no, sorry Nico, fuck the government.
• 1:32:24
  I am literally going, I am going balls deep into this.
• 1:32:32
  I don't care if I go broke. I don't care if I wind up
• 1:32:35
  homeless in El Salvador on a beach showering once a week.
• 1:32:41
  Freedom's worth it. Your child that you just had,
• 1:32:46
  she's worth it. I am an old man, I have 3 kids I
• 1:32:52
  would much rather have and if I get emotional it's OK.
• 1:32:57
  I don't need a Kleenex. I would much rather have me at
• 1:33:04
  war with this system than have my grandchildren at war with
• 1:33:10
  this system because someone has to go to war with it.
• 1:33:15
  And I, I volunteer wholeheartedly to go to war with
• 1:33:20
  this corrupt system that has killed thousands of our fellow
• 1:33:25
  humans and has hurt our children, hurt our grandparents
• 1:33:30
  who are living on a fixed income from Social Security that sure
• 1:33:35
  don't give them no damn security.
• 1:33:38
  So I digress. But I'm we are either gonna win
• 1:33:44
  this or they are gonna bury me. And I'm I'm I'm OK with either.
• 1:33:51
  So I beautiful, beautiful, beautiful freedom speech man,
• 1:33:57
  you guys gotta go check out Bitcoin Ben dot IO.
• 1:34:02
  He is on a mission. We're all on a mission as
• 1:34:05
  bitcoiners. I think we fundamentally believe
• 1:34:09
  in, you know, definitely, definitely the separation of
• 1:34:13
  money and state for sure that it I, I think that as long as the
• 1:34:19
  state has the ability to create money, it is, it is inevitably
• 1:34:25
  going to be tyrannical and it is going to, you know, impede on
• 1:34:32
  the liberties of of, of of individuals.
• 1:34:35
  It's just going to make the administrative state continue to
• 1:34:40
  get bigger and bigger and bigger and bigger and again, that is
• 1:34:45
  going to take away people's freedoms and that's the reality
• 1:34:48
  of it. So guys, go check out Bitcoin.
• 1:34:52
  Ben dot IOI think Ben and I are gonna do a rumble exclusive
• 1:34:55
  episode where we just go absolutely crazy.
• 1:34:59
  I just saw we got a super chat. Appreciate the Super chat, dude.
• 1:35:03
  Today is June 24th, 2025. I'm your host, Nico is my Co
• 1:35:09
  host, Optimus Fields and our special guest for today, Bitcoin
• 1:35:13
  Ben in the house and we'll see you guys tomorrow for a brand
• 1:35:16
  new episode. Take care everybody.
• 1:35:18
  Today's episode was brought to you by bitcoinwell.com, a
• 1:35:22
  Bitcoin only platform on a mission to enable financial
• 1:35:25
  independence.