Latest / Simply Bitcoin / Bitcoin Completely DEFEATS US Government | EP 995

Transcript

Bitcoin Completely DEFEATS US Government | EP 995 · Simply Bitcoin

• 0:02
  It's. All going to zero against
• 0:05
  Bitcoin. It's going on forever.
• 0:15
  You're against Bitcoin. You're against freedom, yo.
• 0:23
  Welcome to Simply Bitcoin Live, your number one source for the
• 0:25
  peaceful Bitcoin revolution curve.
• 0:26
  We can use culture, dramatic warfare.
• 0:28
  We'll be your guide through the separation of money in state.
• 0:31
  Ladies and gentlemen, sit back. Relax.
• 0:32
  Enjoy the ride. Welcome to Simply Bitcoin Live,
• 0:34
  the most watched daily Bitcoin live show on YouTube.
• 0:37
  Rumble NX. We have so much to unpack today.
• 0:41
  Look, I'll be honest with you guys, like when they arrested
• 0:45
  the samurai guys, Operation Choke .2 Point O, when they
• 0:49
  denied Caitlin Long's federal banking charter, I was like we
• 0:53
  have a crazy fight in front of us.
• 0:56
  When the FBI released, you know that so-called warning basically
• 1:00
  trying to scare people away from taking self custody, I was like
• 1:03
  wow, this is going to be hairy. But what's interesting is
• 1:07
  Bitcoin's game theory. As Knut just mentioned
• 1:11
  backstage, we're going to bring them up in a second.
• 1:13
  Bitcoins, incentives. And we've been making the case
• 1:16
  on the show for a very long time that the reason that Bitcoin's
• 1:19
  going to win fundamentally is because it has superior
• 1:23
  incentives. And all they really have left is
• 1:25
  coercion. My money's on incentives and
• 1:28
  what we've really seen over the last couple of days, Opti talked
• 1:32
  about it on yesterday's show, is a complete 180 from the hostile
• 1:38
  elements in the US government that have had it out for this
• 1:42
  industry. They've completely changed tune.
• 1:45
  And the reason for that is because they've seen the writing
• 1:48
  on the wall and they realize that, you know, it's probably
• 1:51
  not a winning campaign strategy to go after an industry that is
• 1:56
  so popular with a huge part of their voter base.
• 2:01
  So they're completely changing tune now.
• 2:03
  Do I believe them? Absolutely not.
• 2:05
  But you know, I got to say it is positive from a regulatory
• 2:10
  perspective in the United States specifically because we've seen
• 2:15
  this Max exodus of multiple lightning companies including,
• 2:20
  you know, we have Wallet of Satoshi that left.
• 2:21
  First we have Phoenix. They put the Samurai wallet devs
• 2:25
  in a box. You know, they arrested.
• 2:28
  I mean a lot of people don't like Rodger Verk 'cause he's a,
• 2:30
  you know, he's a Bitcoin casher and whatever, this and that.
• 2:32
  But they're basically trying to make examples of people and
• 2:35
  trying to scare people. And it's really not enforcement
• 2:39
  by legislation, it's enforcement by law enforcement literally.
• 2:42
  Like they're just like forget about legislating, let's just
• 2:46
  start locking people in a box that will scare people, that
• 2:48
  will de incentivize them from you know creating businesses or
• 2:52
  Lightning businesses or Bitcoin related businesses in the US and
• 2:55
  that is incredibly UN American and but it seems like they've
• 2:59
  done a 180 and that's because the election is coming up in
• 3:03
  November. So we have an update.
• 3:05
  We have an update for you guys on that front.
• 3:07
  I really thought that this was gonna take a lot longer.
• 3:10
  This is something that Opti and I have been covering for the
• 3:13
  last two years and it was like this ominous dark clouds heading
• 3:16
  towards us slowly. But it seems like it was just a
• 3:19
  rain shower. It seems like they lasted for
• 3:22
  like a week or two, like a week of thunderstorms and they just
• 3:25
  pushed over. But I'll say this guys like I
• 3:28
  still think that they want to roll out a CBDC, but you know
• 3:32
  it, they're politicians. So they're going to say anything
• 3:34
  and everything to get elected as soon as they're back in power.
• 3:38
  I I wouldn't be surprised if they change tune completely
• 3:41
  again. But anyways, so we're going to
• 3:43
  talk about that today. Also you've I always pronounce
• 3:46
  his name incorrectly. So Yuval Harari, he's the author
• 3:50
  of that famous book Sapiens. And of course he's the guy that
• 3:53
  the World Economic Forum and the Bank of International
• 3:55
  Settlements, they roll him out on stage.
• 3:58
  And he had this video that went absolutely viral about a week or
• 4:02
  two or a week or two ago. And essentially, he was
• 4:05
  basically saying that he doesn't like Bitcoin because Bitcoin is
• 4:08
  a currency of mistrust and we should trust governments even
• 4:12
  more. The last century has shown that
• 4:14
  giving governments the ability to create money out of thin air
• 4:17
  that everyone has to work for has turned out to be an
• 4:19
  excellent idea, and we should continue doing that.
• 4:21
  It's been an absolutely horrific idea.
• 4:24
  I mean, the two World Wars, the Great Depression, the Great
• 4:27
  Recession, What the F is he smoking, man?
• 4:30
  I want to know. Anyways, it seems like we got
• 4:33
  under his skin because he made another video, this one a lot
• 4:37
  longer, 2 minutes and 30 seconds where he was trying to justify,
• 4:41
  you know, his reasoning as to where he was coming from.
• 4:44
  It's my belief that he just dug himself an even deeper hole.
• 4:48
  So anyways, you can't stop the central planners from wanting to
• 4:53
  continue to central plan. Also in other news, I do want to
• 4:56
  cover this because it does relate to the political
• 4:59
  situation because we have not won as bitcoiners in the United
• 5:03
  States until Ross Albrecht and Julian Assange and many other,
• 5:07
  you know, casualties of the separation of money in states,
• 5:11
  the separation of information in state are completely out of
• 5:15
  prison and they're free. Julian Assange can appeal
• 5:19
  extradition to the USUK High Court rules.
• 5:22
  So we'll have an update for you guys is on that as well.
• 5:25
  And we have two incredible special guests today, heavy
• 5:29
  hitters. We have Canutes Van Home and
• 5:32
  Luke from the Freedom Footprint Show.
• 5:34
  So I'm going to bring on stage of course my legendary coach who
• 5:37
  is always optimistic, optimist fields Canute.
• 5:41
  How you doing today, brother? Awesome.
• 5:45
  Of course I'm on your show. Thanks.
• 5:49
  Also breaking news, ladies and gentlemen.
• 5:51
  Canute Span Home never does price predictions, but he has a
• 5:55
  price prediction for us today. Wait, wait, let me full let me
• 5:57
  full screen him. All right, you're ready for the
• 6:02
  price prediction. Here comes we're live, right?
• 6:07
  Yes, Sir. All right.
• 6:17
  So can you spend home price prediction?
• 6:20
  It's not a green. Beef low resistance.
• 6:23
  It is a green cactus going to the absolute moon.
• 6:27
  And of course, Luke, how you doing?
• 6:29
  What's up, brother? Awesome guys.
• 6:31
  Great to be here. Well, thanks for joining us,
• 6:33
  man. We really appreciate it.
• 6:35
  And of course, Opti, how you feeling today, brother?
• 6:37
  I am doing wonderful, obviously as a bitcoiner.
• 6:40
  Life is always great, but this morning might be even greater
• 6:43
  than usual because my phone didn't charge last night so I
• 6:46
  slept through my alarm. So I actually got some sleep.
• 6:48
  This morning. So I feel wonderful, dude.
• 6:52
  I'm a bit concerned because I was like, Oh my God, the
• 6:54
  political situation's gonna give us so much to talk about over
• 6:58
  the next year or two. We might move, we might move to
• 7:02
  El Salvador like we've been making all these It's like a
• 7:05
  week or two. They completely capitulate 180
• 7:09
  oh, you know what we love? We love crypto.
• 7:12
  We love Bitcoin and shit coins. Ethereum ETF.
• 7:15
  Absolutely, 100%. Let's fire this person.
• 7:19
  Dude. It's crazy.
• 7:20
  It's crazy like it's it's it's so nuts how And they must be
• 7:23
  panicked. They must be panicked.
• 7:25
  That's what it is. Like they see the election
• 7:27
  coming up and they see the poll numbers and they're like you
• 7:29
  know what Actually guys do you do you opti, you know that meme
• 7:32
  where it's like that that older dude and he's dressed up in like
• 7:35
  that skater skateboard outfit. Oh yeah.
• 7:37
  Hello fellow children. Hello, fellow bitcoiners or
• 7:40
  fellow crypto people, whatever. Like, you know, we're we're
• 7:43
  here. Like we're cool.
• 7:44
  We're you know, but I, I, I don't buy it.
• 7:46
  I, I, you know, and and then another thing also and I don't
• 7:49
  want to get your takes on a take on this canoe before we start
• 7:52
  the show. Like like, I know a lot of
• 7:56
  bitcoiners were cheering, including Michael Saylor by the
• 7:59
  way. He was in this camp as well.
• 8:01
  But they were like, a lot of people were excited that the
• 8:05
  government was going to step in and they were going to say only
• 8:08
  the Bitcoin ETF was going to be approved.
• 8:10
  And now it seems like, you know, if if you take, if you take a
• 8:14
  look at what, you know, Bitcoin, Twitter is saying that there's a
• 8:17
  high probability that the Ethereum ETF is gonna be
• 8:20
  approved as well. Now my take from a libertarian
• 8:24
  is just kind of like, look, let Bitcoin win on the free market,
• 8:27
  which it will because it has the best incentives.
• 8:30
  It's superior to all the other shit coins.
• 8:33
  But you know, Ethereum is gonna have an ETF after all.
• 8:36
  What's your take on that man? Well, I it's a it's such a
• 8:41
  simple philosophical thing and it still baffles me to this day,
• 8:46
  that people don't get the simple, the simplicity of this
• 8:51
  argument. Like all the so-called
• 8:55
  cryptocurrencies, they're all trying to do the same thing.
• 8:57
  They're trying to solve the Byzantine General's problem and
• 9:00
  thereby create something in computers that cannot be copied.
• 9:05
  Now everything on a computer can be copied.
• 9:07
  So something that cannot be copied would have to be sort of
• 9:10
  outside it somehow. And that is the problem that
• 9:13
  Bitcoin solved. And that is a problem that can
• 9:17
  only be solved once because of the very nature of the problem.
• 9:21
  It's like you can only discover America once.
• 9:24
  It's so easy. Like it's because the only thing
• 9:27
  discovered is resistance to replicability.
• 9:30
  So trying to replicate something that cannot be replicated is
• 9:35
  obviously not going to work or or it it cannot work in the long
• 9:39
  run and the like a a competitor to Bitcoin would have to
• 9:43
  differentiate itself so much so that it wouldn't be nothing like
• 9:48
  Bitcoin and hence it's not the same thing.
• 9:52
  It's it's not worth anything because money is the most basic
• 9:55
  thing there is like that you can exchange it for everything else.
• 9:58
  That's the thing. That's the whole point of it.
• 10:00
  That's why KYC is so stupid. So, I mean, ETFs here and ETFs,
• 10:06
  they're play Fiat games and win Fiat prizes.
• 10:08
  Good luck with that. This is not this is this
• 10:12
  generation stuff. But we're living in the future.
• 10:15
  We're already in the future. We're already living the lives
• 10:19
  of our grandchildren here, so we don't fucking care.
• 10:23
  Hey Nico, I know we've missed the meme review, but I did make
• 10:25
  a meme on this yesterday so let let me let me pull this up.
• 10:28
  Just just, uh to give the people what they want here.
• 10:31
  So here's my take. You know the guy drunk guy
• 10:33
  yelling at the pretty girl in the corner goes the ETF will
• 10:36
  bring Wall Street to his knees once the ETH Ponzi blows up and
• 10:39
  Bitcoin Maxi's laugh as financial engineering as a top
• 10:41
  job in society finally comes to an end.
• 10:43
  While Bitcoin Maxi's usher in hyper Bitcoinization and the
• 10:46
  Bitcoiners not wanting to hear it.
• 10:48
  Let's let's let's hope Wall Street blows up because of this
• 10:50
  ETH scam. That'd be absolutely, absolutely
• 10:52
  beautiful. So get in the ETF, Wall Street
• 10:56
  and all you political. Financial engineering.
• 11:02
  Just listen to that. The stupidity of that word.
• 11:06
  If money was working, there would be people wouldn't even
• 11:10
  invent that fucking word. The the financial sector is is
• 11:15
  not needed on a Bitcoin standard.
• 11:17
  If money is working, we don't have these fucking bullshit
• 11:20
  problems. 100% because no, 100% because like a lot of these, you
• 11:26
  know, a lot of these, quote, UN quote, wealth management
• 11:29
  organizations, right? They're all based on, you know,
• 11:33
  very wealthy people trying to maintain their purchasing power,
• 11:36
  trying to get a return. Bitcoin just comes out of left
• 11:39
  field, says Hey, all you got to do is buy Bitcoin, put it into
• 11:43
  self custody, That's it's so simple.
• 11:45
  It's actually so simple that I've actually had trouble with
• 11:50
  the older generations when I explain it to them and they're
• 11:52
  like that's impossible and I'm like, yeah, that's all you got
• 11:55
  to do, you know. And then when they adopt A
• 11:57
  Bitcoin stand, they're like, wow, it really is this easy.
• 12:00
  So I completely agree with you Kanu.
• 12:01
  It's like the over financialization of everything
• 12:06
  and it really doesn't have to be that complicated.
• 12:09
  And that is literally, oh, I love this comment, the Simply
• 12:12
  Freedom Footprint Bitcoin Show. Wow.
• 12:15
  Oof. Absolute bars there.
• 12:17
  You want to see what Bitcoin coming in from the left field
• 12:20
  looks looks like by the way. Absolutely.
• 12:29
  Here it comes. Oh man, oh man.
• 12:40
  Well, all right everybody. Well, we have a loaded show for
• 12:42
  everybody today. We got the news, we got the
• 12:45
  numbers, we got the culture segment.
• 12:47
  So sit back, relax, enjoy the ride.
• 12:48
  But before we jump into it, I do want to give a very special
• 12:52
  shout out to the Bitcoin company that powers this show.
• 12:55
  Our lead sponsor, Bitcoin Well, Bitcoin Well is the best place
• 12:58
  to build your automatic self custody Bitcoin stack.
• 13:01
  It's a publicly traded company coming out of Canada that
• 13:04
  recently expanded to all 50 states.
• 13:07
  It's automatic self custody. It is self custody by default.
• 13:10
  Future proof? Your money and the way that they
• 13:13
  do that is that you can't buy Bitcoin on Bitcoin.
• 13:15
  Well unless you put your literal self custody Bitcoin address
• 13:19
  onto the platform. So as soon as the funds clear
• 13:22
  you buy it, it goes directly to self custody.
• 13:25
  They don't give you, they don't even give you an option to leave
• 13:28
  your Bitcoin on the exchange. Which perfectly aligns with the
• 13:31
  simply Bitcoin ethos of the separation of money and state.
• 13:35
  Because after all, self custody is the revolution.
• 13:38
  Go to bitcoinwell.com/simply to get started by real Bitcoin.
• 13:42
  Enable your independence with the fastest and safest way to
• 13:45
  buy Bitcoin and Canada in the USA.
• 13:48
  To get started, you literally go to the website you put in your
• 13:50
  e-mail. It's super easy.
• 13:52
  In terms of sign up, I think it takes less than two minutes.
• 13:56
  It's a clear 1% spread. This is basically the industry
• 13:59
  standard at this point. It's obviously Bitcoin only and
• 14:02
  it's completely non custodial, empowering sovereign ownership
• 14:06
  with free automatic self custody.
• 14:09
  That's right ladies and gentlemen, support self custody
• 14:12
  by default. Bitcoin on ramps.
• 14:13
  The first one being Bitcoin well in the United States.
• 14:16
  So to get started, go to bitcoinwell.com SAS slash simply
• 14:21
  and start your journey to becoming a sovereign individual
• 14:24
  by taking Bitcoin into self custody.
• 14:26
  Go to bitcoinwell.com today. All right everybody, let's hit
• 14:29
  the numbers. We have a lot to talk about the
• 14:33
  Bitcoin numbers. Is your Bitcoin and cold storage
• 14:37
  really secure? Is your seed phrase really
• 14:40
  secure? Stamp seeds?
• 14:41
  Do it yourself. Kit has everything you need to
• 14:44
  hammer your seed words into commercial grade titanium plates
• 14:49
  instead of just writing them on paper.
• 14:51
  Don't store your generational wealth on paper.
• 14:54
  Papers prone to water damage, fire damage.
• 14:57
  You want to put your generational wealth on one of
• 14:59
  the strongest metals on planet earth, Titanium.
• 15:03
  Your words are actually stamped into this metal plate with this
• 15:06
  hammer and these letter stamps. And once your words are in, they
• 15:09
  aren't going anywhere. No risk of the plate breaking
• 15:12
  apart and pieces falling everywhere.
• 15:15
  Titanium stamp seeds will survive nearly triple the heat
• 15:18
  produced by a house fire. They're also crush proof,
• 15:20
  waterproof, non corrosive, and time proof.
• 15:23
  All things that paper is not allowing you to huddle your
• 15:26
  Bitcoin with Peace of Mind for the long haul.
• 15:29
  Stamp your seed on stamp, seed, everybody.
• 15:32
  You guys know the deal. I made it incredibly easy for
• 15:35
  you guys so that you don't have to explain to your grandchildren
• 15:40
  why you lost your generational wealth because you could scan
• 15:43
  the QR code or check the link in the video description.
• 15:46
  It will take you directly to the Stamp Seed website, where you
• 15:49
  can buy yourself a Stamp Seed storage kit and you could stamp
• 15:53
  your effing seed onto titanium. So yeah, imagine that
• 15:57
  conversation 50 years from now. You know bitcoin's at $50
• 16:01
  million per coin and your grandchildren's like, hey, so
• 16:04
  you you bought Bitcoin, right? And you're like, no, I lost my
• 16:07
  seed race. Why'd you do that, grandpapa?
• 16:09
  Well, I wrote it down on paper. Don't put yourself in that
• 16:12
  situation. Get yourself a Stamp SEAT promo
• 16:14
  code. Simply Anyways, at the time of
• 16:18
  recording the Bitcoin price is 670 thousand $230 SATS per
• 16:23
  dollar 1424 block height 844,612 blocks to having 200 and five
• 16:32
  205,388 having estimate March 22nd, 2028 having estimate sorry
• 16:39
  total Lightning Total Lightning network capacity 4662 Bitcoin
• 16:45
  capacity value 327 million U.S. dollars Realized monetary
• 16:51
  inflation 1.65% The market capitalization of Bitcoin 1.38
• 16:56
  trillion Bitcoin verse gold market cap 8.37%.
• 17:02
  In the grand scheme of things we're just getting started.
• 17:04
  Anyways, if you guys are enjoying the show so far, make
• 17:07
  sure to smash that like button Help us break 100 likes within
• 17:11
  the first hour of the show. I'm so excited to react to this
• 17:15
  video because we have a superstar guest joining us
• 17:20
  today. We have this guy Yuval Noah
• 17:23
  Harari who is the central planner of the central planners.
• 17:26
  He really fundamentally believes that, you know, he knows what's
• 17:30
  best for your life. And yeah, he got a little bit
• 17:33
  triggered, I guess, by the reactions to his video where the
• 17:38
  Bank of International Settlements rolled them out on
• 17:40
  stage. And he was there like, you know,
• 17:43
  their Muppet, their talking head.
• 17:45
  And he was just like, yeah, I don't like Bitcoin because it's
• 17:48
  a currency of distrust. And you should trust the
• 17:50
  government more because it's not like they've ever abused that to
• 17:52
  take advantage of you and completely debase you and fund
• 17:55
  these endless wars of which your children were drafted and rolled
• 17:59
  out to, you know, go die in a foreign land.
• 18:01
  No horrific things that Fiat has enabled.
• 18:04
  Let's completely ignore that and let's give them even more trust.
• 18:08
  It's not like they will ever use that against us whatsoever,
• 18:11
  anyways. So this was his response.
• 18:15
  Do I have a problem with Bitcoin?
• 18:18
  Let's check it out. Do I have a problem with
• 18:20
  Bitcoin? I've recently said that Bitcoin
• 18:23
  is a currency of distrust. I was just repeating what
• 18:27
  Bitcoin fans themselves often say.
• 18:30
  They argue that they don't trust the banks and governments that
• 18:33
  create dollars, yens, and other currencies, and therefore they
• 18:37
  prefer Bitcoin. Bitcoin fans may have good
• 18:41
  reasons to distrust banks and governments, but it doesn't
• 18:45
  change the fact that Bitcoin is based on distrust of human
• 18:49
  institutions. This is unfortunate, for the
• 18:53
  whole purpose of money is to create trust between strangers.
• 18:57
  Farmers grow food, shoemakers make shoes.
• 19:01
  What is the function of the financial system?
• 19:05
  Finance creates trust. Financial devices like
• 19:09
  currencies, bonds, and shares create trust between millions of
• 19:14
  strangers, who can then pull their knowledge and resources
• 19:18
  together and cooperate on shared projects.
• 19:22
  Originally, there was very little trust in institutions
• 19:26
  like banks and governments, so money was minted from gold.
• 19:31
  Since gold was scarce, this limited the amount of money and
• 19:36
  limited Economic Cooperation. In the modern age, trust in
• 19:42
  banks and governments increased, so they started to create tons
• 19:48
  of new money from paper and later also from electronic data.
• 19:54
  Today more than 90% of dollars, yens, EUR and other currencies
• 20:00
  is just data in computers. Bitcoin is basically a return to
• 20:05
  gold. Electronic gold, it assumes.
• 20:09
  That we shouldn't trust human institutions and shouldn't allow
• 20:13
  them to create money at will. I understand the causes for this
• 20:18
  distrust, but it is an alarming development.
• 20:23
  I hope that humanity finds a way to build trustworthy human
• 20:28
  institutions instead of adopting technologies of distrust.
• 20:34
  Humans control the world because we learned to trust one another
• 20:39
  and cooperate with one another. If we now lose trust in human
• 20:44
  institutions and instead put all our trust only in algorithms,
• 20:50
  then the algorithms will control the world.
• 20:54
  Like what I got to say about that is just simple, like if you
• 21:00
  live in Argentina or if you live in Venezuela, you've been
• 21:04
  absolutely royally effed for trust in someone else in regards
• 21:10
  to in the United States specifically no.
• 21:13
  Like notable banker went to jail for what happened in 2008.
• 21:19
  They completely stole the opportunity the time the energy
• 21:23
  the work from you know the lower the the, the the lower classes
• 21:28
  the lower middle classes that don't have the means to save an
• 21:30
  assets. They completely you know
• 21:33
  destroyed the opportunity for the new newer generations to get
• 21:37
  ahead in life. So I mean forgive me if I don't
• 21:40
  trust whatsoever you know what the government is doing.
• 21:44
  I I I don't I I think that you know with Bitcoin it's it's very
• 21:48
  easy it's you know Knute is literally wearing the wearing
• 21:52
  the shirt right now Infinity divided by 21 million.
• 21:56
  I know for a fact that there's 21 million Bitcoin.
• 21:59
  It cannot be debased it cannot be confiscated easily It's on
• 22:04
  it's censorship resistant. Yeah I trust that system way
• 22:08
  more than people like him that are telling me that you'll own
• 22:11
  nothing and be happy and eat the fucking bugs.
• 22:14
  I'm sorry bro. I don't trust you at all.
• 22:17
  Don't trust verify. And if you still using a system
• 22:21
  that requires trust in today's day and age, I mean, yeah,
• 22:26
  you're you know, you're you're at the, you're at the whims of
• 22:29
  this guy. You know, centrally planning
• 22:31
  your life for the rest of your life.
• 22:32
  Anyways, Knute, I'm going to start off with you brother.
• 22:36
  What's your take on this? What's your take on this
• 22:38
  intellectual from the World Economic Forum that knows
• 22:41
  clearly knows what's best for the entire planet?
• 22:45
  I feel sorry for the guy. I mean, first of all, like Big
• 22:50
  Bitcoin isn't. It's an agreement on a on a
• 22:54
  fixed set of rules and nothing else.
• 22:57
  So we agreed to these rules because these rules are, they're
• 23:02
  more expensive to try to break than to just follow.
• 23:06
  That's why we agree and voluntarily opt into this
• 23:10
  system. It's a beautiful thing and this
• 23:15
  guy just doesn't get that. There's there's like I enjoyed
• 23:19
  the first part of Sapiens but I found the rest of the book
• 23:22
  boring and I put it down after a while And one of the which is
• 23:27
  one of Yuval's books and one of the words he introduced to me at
• 23:34
  least in that book was the word inter subjective which I think
• 23:38
  is a great word and and Bitcoin is an inter subjective thing so
• 23:44
  it's all money so he he should understand this and but he's
• 23:50
  when you're so deep in in Fiat land and and you're working with
• 23:56
  all of these institutions and everyone in this institutions I
• 23:59
  mean they're people too and I think they think that they are
• 24:03
  doing a good job and that they are doing their best to make the
• 24:07
  world a better place. It's just that they don't make
• 24:11
  the world a better place. That's the problem.
• 24:14
  They think they are, but they aren't.
• 24:15
  That's what's the same thing in the Soviet Union.
• 24:19
  I mean, free markets are better at decision making than human
• 24:24
  beings are because free markets are human beings.
• 24:27
  It's just that the weights of each, each and every one of us
• 24:32
  opinions are weighed correctly in a free market and not
• 24:36
  resources aren't being misallocated.
• 24:38
  So he's he's misinterpreting the whole thing and digging his own
• 24:42
  grip. 100% agree with that. I'm going to pass it on to Luke.
• 24:46
  Luke what? What's your take on all this?
• 24:49
  Yeah. Well, just to add on to what
• 24:51
  Knut is saying here, I mean, I think, I think the thing about
• 24:54
  listening to that video is I is I hear that and everything he's
• 24:57
  saying, I think he should be talking about Bitcoin.
• 25:00
  You know, like the let's create human institutions that we can
• 25:04
  trust in. Well, yeah, that's that's
• 25:06
  Bitcoin. But the reason we can trust in
• 25:08
  that is because we can verify it, right.
• 25:10
  We can trust the money because we can verify it.
• 25:13
  We can verify that there is a fixed supply cap.
• 25:16
  And the the thing about this is that with with the the, the
• 25:23
  trouble with the distrust that I think he's talking about is more
• 25:26
  about distrust of the institutions, right.
• 25:30
  And we can't verify anything that these institutions are
• 25:32
  doing until after the fact they have the control.
• 25:34
  The Argentina graph that you pulled up Nico, like it's it's
• 25:39
  it's all of this is exactly what we bitcoiners don't trust.
• 25:44
  Can't trust right. But we can verify the Bitcoin
• 25:48
  and and this is what can create trust between us as individuals.
• 25:52
  We can more easily trust our fellow man because we can
• 25:56
  verify. And by having a fixed money
• 25:59
  supply, we don't even have to worry not about the money
• 26:02
  anymore. We don't have to worry that our
• 26:04
  money is losing the purchasing power and that our our savings
• 26:07
  are are just melting away because because the central
• 26:10
  banks think a little bit of inflation is good.
• 26:13
  So that's my take on that. And yeah, Yuval Harari is
• 26:17
  misguided. Definitely. 100% And I actually,
• 26:19
  you know, Speaking of trust, ladies and gentlemen, I have a
• 26:22
  video, you know, from Jared Bernstein, who is the chair of
• 26:29
  the United States Council of Economic Advisers.
• 26:32
  And his role is to advise the president on economic policy.
• 26:39
  Let's check out what he has to say.
• 26:41
  And you guys, let me know if you know this inspires trust.
• 26:48
  The US government can't go bankrupt because we can print
• 26:51
  our own money. It obviously begs the question,
• 26:54
  why exactly are we borrowing in a currency that we print
• 26:57
  ourselves? I'm waiting for someone to stand
• 27:00
  up and say why don't we borrow our own currency in the 1st
• 27:04
  place? Like you said, they print the
• 27:07
  dollar, so why? Why does the government?
• 27:09
  Even borrow. Well, the so the, I mean again,
• 27:17
  some of this stuff gets some of the language that the MMM some
• 27:22
  of the language and concepts are just confusing.
• 27:24
  I mean, the government definitely prints money and it
• 27:27
  definitely lends that money, which is why the government
• 27:30
  definitely prints money and then it lends that money by by
• 27:34
  selling bonds. Is that what they do?
• 27:38
  They they they, yeah, they they they sell bonds.
• 27:44
  Yeah, they sell bonds, right. Since they sell bonds and people
• 27:47
  buy the bonds and lend them the money.
• 27:48
  Yeah. So a lot of times, a lot of
• 27:52
  times, at least in my year with MMT the the language and the
• 27:55
  concepts can be kind of unnecessarily confusing.
• 27:57
  But there is no question that the government prints money and
• 28:01
  then it uses that money to. So yeah, I I guess I'm just I
• 28:11
  don't I can't really talk. I don't I don't get it.
• 28:13
  I don't know what they're talking about like, because it's
• 28:15
  like the government clearly prints money, does it all the
• 28:20
  time, and it clearly borrows otherwise we wouldn't be having
• 28:23
  this debt and deficit conversation.
• 28:25
  So I don't think there's anything confusing there.
• 28:30
  So that's the guy you're supposed to trust.
• 28:34
  That guy. That guy.
• 28:36
  Jared Bernstein, is part of the Council of Economic Advisors.
• 28:41
  They're responsible for releasing an annual report
• 28:44
  called the Economic Report of the President.
• 28:47
  In that report, they dedicated 20 pages making the case for
• 28:52
  central banks and also bashing Bitcoin.
• 28:56
  That's who you've all wants you to trust and he can't even
• 29:00
  answer the question in the 1st place.
• 29:02
  I'm sorry bro, I'm sorry I can't trust you man.
• 29:05
  You don't even know what's going on.
• 29:07
  Anyways, Opti, what's your take? On this?
• 29:09
  Yeah. Now, before I come in, Canute
• 29:10
  wanted to say one more point, so let's bring him in.
• 29:14
  Yeah, no, yeah, no problem. I I mean, just hearing this guy
• 29:17
  is so funny. The thing is don't trust that
• 29:21
  movie maker either. That woman who is making that
• 29:24
  movie is apparently an MMT maximalist.
• 29:27
  So, so the the the clip is from a movie that is probably not
• 29:31
  very pro Bitcoin either. But what I was going to say
• 29:34
  before is like the Is there anyone more trustworthy on earth
• 29:40
  than than someone who is stuck to their guns for the the last
• 29:45
  decade in Bitcoin and has not ever taking the taken the giant
• 29:51
  bag of shit coins offered to them on almost a a daily basis.
• 29:57
  No one on earth has more integrity than a Bitcoin
• 30:00
  maximalist. That's that's just a fact to me.
• 30:02
  There are so many people in this space who I would trust with
• 30:07
  anything. Like because you know that you
• 30:11
  can trust bitcoiners, you have no idea if you can trust anyone
• 30:15
  else. But if the bin Max is for a long
• 30:18
  time, then yeah, that's the trustworthiness.
• 30:21
  Ironically enough, that's what don't trust verify leads to. 100
• 30:27
  percent, 100% agree with that take.
• 30:29
  Anyways, OPTI, real quick, 'cause we are we are going,
• 30:32
  yeah, yeah, yeah. Mine will be a little quick.
• 30:34
  I mean guys like Yuval Harari is the perfect counter signal.
• 30:39
  I am so glad that he is like anti Bitcoin and fighting
• 30:42
  Bitcoin and now doing all this really ridiculous social media
• 30:46
  propaganda 'cause these are the type of people and this might
• 30:48
  get Nikko feeling a little weird.
• 30:50
  These are the type of people we want to be the last to adopt
• 30:53
  Bitcoin. Like this guy is so anti human.
• 30:56
  It's absolutely incredible. He basically thinks humans are
• 30:59
  useless, that the the the only future for humans is is like
• 31:03
  literally be doped up like useless eaters.
• 31:06
  Like these are his words, not mine.
• 31:08
  And then just like even going to even if you like to talk about
• 31:12
  what he's actually saying and try to dismantle he's saying
• 31:15
  like he said something. I forget like the point of money
• 31:18
  is so that you trust people. And it's like that's literally
• 31:21
  the opposite. The point of cash is so you
• 31:22
  don't have to trust the person you're transacting with.
• 31:24
  But you know this guy's an anthropologist.
• 31:26
  Of course we shouldn't expect him to understand anything about
• 31:29
  economics. But I think the real elephant in
• 31:32
  the room is why don't people trust the institutions anymore.
• 31:35
  You've all it's because you guys have abused our trust and now we
• 31:39
  don't have to trust them. This is why it's the meme don't
• 31:42
  trust verify. And This is why it's The only
• 31:44
  way forward is because we know that you can't trust other
• 31:47
  humans to not debase the money. And so now we've took in that
• 31:51
  power out of the hands of humans.
• 31:52
  And you know, as long as every one of us or at least most of us
• 31:56
  are running annode ourselves, we don't have to trust humans.
• 31:59
  And like Canute was saying, even though we don't trust the
• 32:04
  institutions, we don't trust the banks, that doesn't mean that
• 32:07
  trust in society won't grow. Once you realize that people are
• 32:11
  principled, that they aren't going to rob you or rather don't
• 32:14
  have the ability to rob you, then your the your trust levels
• 32:17
  can go up. Like with all of us as
• 32:19
  bitcoiners, you know there's a certain level of understanding
• 32:22
  and you can move forward from there and and that's the beauty
• 32:24
  of Bitcoin. But also really again going back
• 32:28
  to if we really want to like break down what he was saying
• 32:31
  like the just trust us, bro so we can print more money Like
• 32:34
  that is the craziest line of logic I've ever heard in my
• 32:37
  life. You like you know you you don't
• 32:40
  trust us but like trust us, bro, because that's the the world's
• 32:44
  been a been doing very well because we're printing more cash
• 32:47
  and look how much good things you had and it's like this is
• 32:50
  insane. He's like, yeah, trust us bro,
• 32:51
  because money printer's going to go Burr and you're like, what is
• 32:54
  going on here? The thing is, honesty is
• 32:58
  becoming profitable and dishonesty is not.
• 33:01
  It's it's becoming a losing the the like in Fiat, it's
• 33:06
  profitable to be dishonest. In Bitcoin it's not.
• 33:09
  It's the other way around. It's the inverse of clown world.
• 33:13
  That's what it is. Yeah.
• 33:14
  I mean and and I think that's like really like that.
• 33:17
  That's the signal right there. And I think a lot of people have
• 33:20
  a they don't quite understand that Bitcoin has an aligned
• 33:24
  incentive structure and you know, it pays to, you know, it
• 33:28
  play, it pays to play by the rules.
• 33:31
  And you can make the case. I would say it's more expensive
• 33:34
  to try to break the rules in the Bitcoin system then versus the
• 33:38
  Fiat system. And I think that's a very alien
• 33:41
  concept, specifically for people that have been living in the
• 33:44
  Fiat matrix the majority of their lives.
• 33:46
  Anyways, let's move on to the news 'cause we have a lot to
• 33:49
  cover today. But first I do to give a very
• 33:52
  special shout out to our sponsor, Pleb Party at Bitcoin
• 33:56
  Nashville 2024. This is an event that you're not
• 34:00
  going to want to miss, especially if you're going to
• 34:02
  the Bitcoin 2024 conference in Nashville, the largest Bitcoin
• 34:06
  conference on planet Earth. The the day of the party is
• 34:10
  going to be July 25th, the day before the conference.
• 34:13
  It's a 12 hour bar. Oh, it's a 12 hour open bar,
• 34:17
  meaning the drinks are completely included in your
• 34:20
  tickets from noon to midnight. It's a pled party in Nashville.
• 34:24
  Confirmed attendees include Larry Leopard, Preston Pish.
• 34:27
  The entire Simply Bitcoin crew, including Nico Opti Ruston, John
• 34:32
  James Lavish will be there. Robert Breedlove, Mark Moss,
• 34:35
  Pubby Tatum turn up. It's going to be hosted in an
• 34:37
  amazing venue, A rustic automobile factory from 1910
• 34:42
  with brick walls and tons of proof from work atmosphere.
• 34:45
  Over 1000 Bitcoin plebs are expected to attend.
• 34:49
  You don't want to miss this Bitcoin party, so if you're
• 34:52
  going to the Bitcoin 20/20/20, the Bitcoin 2024 conference, you
• 34:56
  definitely don't want to miss this party.
• 34:58
  And the tickets sell out, right? So last year in Miami, they sold
• 35:02
  out about two weeks before the event.
• 35:05
  So they're not going to, there's not going to be any available at
• 35:07
  the door. So you want to get your tickets
• 35:09
  now before they sell out. So go to go to Pleb party and go
• 35:15
  scan the QR code or check the link in the video description.
• 35:18
  All right, everybody, let's move on to the news.
• 35:21
  Lots of cover, the Daily News. I want to give a shout out to
• 35:28
  our sponsor, Foundation Devices. It's self custody done right.
• 35:33
  They built a premium grade hardware wallet called Passport
• 35:37
  right here in the US. It's fully open source and
• 35:39
  verifiable. It's the most intuitive Bitcoin
• 35:42
  wallet designed with the UX, reminiscent of a simple feature
• 35:46
  phone so you will know how to navigate it and use it the
• 35:49
  moment you pick it up. Get your Bitcoin off exchanges
• 35:52
  and into your into your own hands in just a few minutes.
• 35:55
  Experience the Peace of Mind that comes with taking ownership
• 35:58
  of your own keys. After a massive sell out during
• 36:01
  Bitcoin Miami 2023, the passport is back in stock at
• 36:05
  foundationdevices.com. Bitcoin only.
• 36:08
  Open source. Verifiable completely.
• 36:10
  Air gap security model, gorgeous design, craft premium grade
• 36:14
  materials. If you're thinking about getting
• 36:16
  your Bitcoin off exchange changes, this is the one for
• 36:19
  you. Check out the passport link in
• 36:21
  the show notes below to learn more.
• 36:23
  Everybody see this right here. This is an extremist tool for
• 36:28
  you to take self custody of your wealth.
• 36:30
  I'm just kidding. It's not extremist.
• 36:31
  It's literally it's a hardware wallet.
• 36:33
  It's incredibly easy to use. It's called Passport by
• 36:36
  Foundation devices. You could pair it up with the
• 36:38
  Envoy app and it's it just makes it makes it incredibly easy to
• 36:43
  spend your cold storage Bitcoin. So guys, get the Envoy by
• 36:48
  Foundation devices and don't let them tell you that somehow this
• 36:52
  is dangerous to society because you're taking self custody of
• 36:55
  your wealth of which they can't confiscate or debase.
• 36:59
  But yes, get yourself a hardware wallet and obviously we
• 37:02
  recommend our sponsor, Passport by Foundation Devices.
• 37:06
  Like I said, incredibly easy to use and completely open source.
• 37:10
  Don't trust Verify because I do want to get to 2 days news.
• 37:15
  It's so crazy that like Elizabeth Warren is like trying
• 37:19
  to pitch us that somehow this piece of of technology is, is is
• 37:24
  somehow dangerous. Like that's so nuts that you
• 37:27
  know, but I wouldn't put it past them.
• 37:28
  Of course they want to retain the the privilege of being able
• 37:30
  to create money for free that everyone else has to work for.
• 37:33
  Anyways in other news you know this this thing is escalating.
• 37:37
  But the game theory, like Knute said before we went on earth but
• 37:41
  before we went on air, is absolutely playing out.
• 37:45
  So what is happening? The Trump The Trump campaign
• 37:49
  announced that President Donald Donald J Trump campaign now
• 37:53
  accepting crypto. First major party nominee to do
• 37:57
  so goes on today. Today's President Trump's
• 37:59
  campaign has launched A fundraising page that provides
• 38:02
  any federally permissible donor to the ability to give through
• 38:06
  its joint fundraising committee. And now here's the part where
• 38:10
  they just completely fall flat using any cryptocurrency
• 38:14
  accepted through the Coinbase Commerce product.
• 38:16
  Now here's the thing about the Coinbase Commerce product, they
• 38:19
  literally took away Bitcoin. So you can only donate Bitcoin
• 38:23
  for what? If you want to do that for
• 38:25
  whatever reason, using a Coinbase wallet or using a meta
• 38:31
  mask integrated wallet, You can't just send Bitcoin, right?
• 38:34
  So I mean, I guess it's a step in the right direction, but like
• 38:38
  bro. Anyways, so here's a screenshot
• 38:41
  of the page itself now accepting Bitcoin and shit coins.
• 38:45
  Bitcoin, Ethereum, Solana, USDC, DOGE, Meta mask.
• 38:50
  I don't know if that's a crypto whatever, but it's just
• 38:53
  interesting. Anyways, here is the coin desk
• 38:55
  article for the audio listeners as Trump becomes first major
• 38:59
  party candidate to accept crypto donations.
• 39:02
  The likely GOP flag bearer in the upcoming U.S. presidential
• 39:06
  election signaled his friendliness to crypto at a Mar
• 39:11
  a Lago event earlier this month. Now here's the thing and here's
• 39:15
  where I think the anti crypto, anti Bitcoin, anti crypto
• 39:21
  elements of the Democratic Party completely dropped the ball and
• 39:25
  they completely got blindsided and I think they're panicking
• 39:28
  and I think that's where the 180 is coming from.
• 39:31
  Check out this article from Finnbold Biden campaign in panic
• 39:34
  mode as Trump accepts crypto donations Not long after
• 39:39
  declaring his support for the cryptocurrency sector and making
• 39:42
  it one of the defining points of his presidential bid, the former
• 39:45
  United States President Donald Trump is now officially
• 39:48
  accepting donations from his campaign in the form of crypto
• 39:51
  assets. It goes on to say, as per the
• 39:53
  press release, the fundraising per page provides.
• 39:56
  Anyway, I already read that to you guys and here is where.
• 40:02
  Here is where, kind of like the Biden administration, elements
• 40:05
  of the Democratic Party are starting to walk it back.
• 40:08
  Meanwhile, Biden's team has sent a fundraising text warning
• 40:12
  donors that cryptocurrency executives and oil barons are
• 40:16
  coming out of the woodwork for Trump.
• 40:18
  Around the same time as the Trump campaign made the above
• 40:20
  announcement, according to a widely circulated screenshot.
• 40:24
  Now here's the thing though, like they picked the fight in
• 40:27
  the 1st place, Bitcoin is bipartisan.
• 40:31
  Bitcoin doesn't have politics involved in it.
• 40:34
  They made it political when they started attacking the entire
• 40:38
  industry and putting one of us in a box.
• 40:41
  And now it seems like they are walking it back because here is
• 40:45
  the first announcement when the House, and also this passed the
• 40:49
  Senate as well. They're trying to pass a
• 40:52
  resolution that would make it easier for certain financial
• 40:56
  institutions to custody Bitcoin. The Biden administration went
• 41:00
  out of their way to say if the president were presented with HJ
• 41:04
  resolution One O 9, he would veto it A couple days later when
• 41:09
  they realize, Oh my God, this is probably not a, you know,
• 41:13
  winning issue. Take a look at the language.
• 41:15
  It's a lot friendlier. The administration of opposes
• 41:19
  passage passage of HR4763, which would affect the regulatory
• 41:24
  structure for digital assets in the United States.
• 41:27
  The Administration is eager to work with Congress to ensure a
• 41:30
  comprehensive and balance regulatory framework for digital
• 41:34
  assets, Building on existing authorities which will promote
• 41:37
  the responsible development of digital assets and payment
• 41:40
  innovation and help reinforce the United States leadership in
• 41:44
  the global financial system. HR4763 and its current form
• 41:48
  lacks sufficient protections for consumers and investors who
• 41:52
  engage in certain digital asset transactions.
• 41:55
  The Administration is The Administration looks forward to
• 41:58
  continued collaboration with Congress on developing
• 42:01
  legislation for digital assets that includes adequate
• 42:04
  guardrails for consumers and investors.
• 42:05
  We're creating the conditions needed for innovation and
• 42:08
  further time will be needed for such a collaboration.
• 42:11
  Complete 180 Here's Cynthia Lamas, the Bitcoin Senator from
• 42:15
  Wyoming. There is bipartisan majority in
• 42:17
  both chambers of Congress in favor of crypto.
• 42:20
  The future is very bright. Here's Nick Carter.
• 42:24
  He goes on to say the resignation of Choke Point
• 42:26
  Marty. And what he's referencing is
• 42:28
  Operation Choke Point O, which is something that we've covered
• 42:31
  on this show, but essentially with Operation Choke .22, Point
• 42:35
  O. Was this collaborated effort by
• 42:38
  elements of the federal government in an attempt to
• 42:40
  isolate the industry from the rest of the traditional
• 42:43
  financial system? Well, it seems like the guy
• 42:46
  behind that, the FDIC Chairman Martin Gurenberg, resigned, and
• 42:53
  apparently it has to do with some type of harassment.
• 42:56
  But I'm sure that someone tapped on his shoulder just because of
• 43:00
  the political pressure mounting. Here's Nick Carter goes on to
• 43:03
  say this has to be the potential to be the biggest winning
• 43:06
  regulatory week in crypto history.
• 43:10
  But I think it's important to remember that they're just doing
• 43:14
  this 180 not because they've changed your minds because, but
• 43:18
  because they see the writing on the wall that politically this
• 43:22
  might not be very popular with elements of their base because
• 43:26
  it's not only Republicans, it's only right, right wingers in the
• 43:29
  United States that are supporting Bitcoin.
• 43:31
  It's bipartisan those. So there's left wingers that
• 43:34
  support bitcoiners. I mean support Bitcoin.
• 43:36
  There's people in the center that support Bitcoin.
• 43:38
  This is a bipartisan issue. They are the ones that decided
• 43:42
  to make it partisan when they started to go out of their way
• 43:46
  not through legislation attack the industry but announce stupid
• 43:50
  shit like a 30% proposed tax on Bitcoin miners in the United
• 43:55
  States. And when they tap on the FBI to
• 43:58
  release a document trying to scare people out of taking self
• 44:02
  custody of their of of their Bitcoin and and again this this
• 44:05
  is, this is enforcement by executive action.
• 44:08
  This is not enforcement via legislation right.
• 44:11
  So there's it's just they just don't like the the the industry
• 44:14
  anyways. So Nick Carter said something I
• 44:17
  think on point he said the Biden administration is marginally
• 44:20
  taking their foot off neck for cheap political points because
• 44:23
  junior staffers showed them scary internal polls don't be
• 44:27
  placated. We still need a clean house and
• 44:30
  total regime change. Here is Caitlin Long, who we've
• 44:35
  had on the show many, many times and she was.
• 44:38
  She actually dropped this on the show and she said look like and
• 44:41
  she said this in testimony yesterday.
• 44:44
  She said that the reason that her bank Custodia bank got
• 44:47
  denied the federal banking charter was because that order
• 44:50
  came directly from the White House.
• 44:52
  So of course she's reacting to that statement that we just read
• 44:56
  to you guys. But she says, ha ha ha.
• 44:58
  The same White House that orchestrated the hit on the
• 45:01
  crypto industry specifically including the feds denial of
• 45:04
  custodial bank don't trust them. What they're really after is a
• 45:09
  central bank digital currency, right?
• 45:11
  And again, people aren't buying this 180.
• 45:14
  Here's Tom Emmer and let's take out what he has to say in
• 45:19
  regards to a central bank digital currency.
• 45:21
  So a couple things to unpack here.
• 45:24
  Just because they changed tune, because they realized how
• 45:27
  unpopular this was politically, because there's an election
• 45:31
  coming up in November, don't pay attention to what they say.
• 45:35
  Pay attention to what they do. I don't forget what they've done
• 45:39
  to the industry over the last two years.
• 45:43
  Doesn't. The moment that they put one of
• 45:45
  us in a box, the moment that they started persecuting us, you
• 45:49
  know, makes me very skeptical of any 180.
• 45:54
  Just because you've realized a little too late that, you know
• 45:57
  this might hurt you in the election, it doesn't mean that
• 46:00
  I'm going to completely trust you at this point.
• 46:02
  Anyways, let's check out what TomTom Emmer has to say.
• 46:06
  This week House Republicans as as Blake just said, they're
• 46:10
  going to take action to safeguard our American values by
• 46:14
  passing my bill, the CBDC or the Central Bank Digital Currency
• 46:20
  Anti Surveillance State Act. With this legislation, we're
• 46:24
  going to stop unelected bureaucrats in the Biden
• 46:26
  administration from using a central bank digital currency
• 46:29
  again, ACBDC, that threatens to destroy the American way of
• 46:33
  life. Unlike decentralized digital
• 46:35
  assets such as Bitcoin, CBDC's are a digital form of sovereign
• 46:40
  currency design issued and monitored by the federal
• 46:43
  government. In short, ACBDC is a government
• 46:46
  controlled programmable money that if not designed to be just
• 46:50
  like cash, open, permissionless and private with a capital P, it
• 46:54
  not only could, it will give the federal government significant
• 46:58
  transaction level data on individuals and the ability to
• 47:01
  suppress politically unpopular activity.
• 47:04
  We've already seen examples of foreign governments weaponizing
• 47:07
  their financial system against their citizens.
• 47:09
  In China, the Communist Party actually has the digital Yuan
• 47:13
  that is being used to monitor its citizens and they are
• 47:16
  building social scores based on behaviors.
• 47:19
  Again, that's an anti American approach.
• 47:22
  Closer to home, in the Western Hemisphere, Canada froze the
• 47:25
  bank accounts of hundreds of truckers protesting the vaccine
• 47:29
  mandate in 2022. If you think it can happen,
• 47:32
  think again. It has and it will.
• 47:33
  If we allow this to happen here, it's naive to believe that your
• 47:37
  government will not weaponize the tools that it has to control
• 47:40
  you. This may be why the Biden
• 47:41
  administration issued an executive order placing urgency
• 47:45
  on CBDC research and development.
• 47:47
  All signals point towards this administration developing ACBDC
• 47:51
  that can and will be used to surveil and control Americans
• 47:55
  the Federal Reserve has even described.
• 47:57
  If you don't listen to them when they tell you that they're not
• 47:58
  doing anything. The Federal Reserve has already
• 48:00
  described CBDC's as one of their key duties in a document that
• 48:04
  was provided to my office. In doing this the Biden
• 48:07
  administration has proven they are itching to trade Americans
• 48:10
  right to privacy for ACCP style surveillance tool.
• 48:13
  House Republicans are not going to let that happen. 165 members
• 48:16
  of our conference have Co sponsored our CBDC Anti
• 48:19
  Surveillance State Act and it is guard garnered wide industry
• 48:22
  support. This bill ensures that Congress
• 48:25
  not the administration or the administrative state more
• 48:28
  specifically retains the authority over the United States
• 48:31
  digital currency policy so that it reflects our American values
• 48:34
  of privacy, individual sovereignty and free market
• 48:37
  competitiveness. If not open, permissionless and
• 48:40
  private. Again with a capital P like
• 48:42
  cash, a CBDC is nothing more than a big government
• 48:45
  surveillance tool that will be weaponized to oppress Americans
• 48:48
  freedom and right to privacy. I encourage all of my
• 48:52
  colleagues, Republican and Democrat, to support this bill,
• 48:54
  which protects innovation and defense against an ever
• 48:57
  expanding government surveillance state.
• 48:59
  With that, I leave. I yield to our Majority Leader.
• 49:02
  So I mean, like enough said, right?
• 49:05
  You know, don't pay attention to what they say, pay attention to
• 49:08
  what they do. You know the the guy that the
• 49:11
  the video of, the guy, Jared, the the one In the very
• 49:14
  beginning, the Council of Economic Advisers to the
• 49:17
  President wrote a paper literally advocating for CBD CS
• 49:21
  bashing Bitcoin. The Biden administration is
• 49:24
  being completely hostile towards the industry.
• 49:26
  They want a monopoly for their central bank digital currency.
• 49:29
  They don't want, you know, they don't want competition.
• 49:32
  But clearly as soon as they realized how politically
• 49:35
  unpopular that was to go after, you know, Bitcoin and shit
• 49:39
  coins, they're doing a 180. I don't believe it whatsoever.
• 49:44
  They're just in panic mode. The article said it there
• 49:46
  itself. They just in.
• 49:48
  But they're trapped into a corner.
• 49:50
  And this is the beauty of bitcoins.
• 49:51
  Incentives is that it exposes incentives, it exposes tyrants,
• 49:56
  right. And now they're exposed, right.
• 49:58
  They they don't know what to do. They're like how do we push this
• 50:00
  through even though our base doesn't really like this, they
• 50:04
  like alternatives, but we we're going to just have to lie to
• 50:08
  them a little bit until we get re elected in November and then
• 50:12
  we can go back to the plan of rolling out a central bank
• 50:15
  digital currency in the US And now what's really interesting
• 50:18
  too is that the rollout of the CDC has been an executive action
• 50:23
  as well. They have not gone through
• 50:25
  Congress to roll this out, which is what this bill that Tom Emmer
• 50:29
  is proposing stops, right? And there's already been states
• 50:32
  that have gone above and beyond, like the state of Florida and
• 50:35
  Governor Ron DeSantis, and they've literally passed anti
• 50:39
  central bank digital currency legislation so that the federal
• 50:43
  government can't just get away with it.
• 50:44
  But make no mistake, that's what they want.
• 50:47
  That's why they're attacking Bitcoin.
• 50:48
  That's why they're proposing these 30% taxes on Bitcoin
• 50:52
  miners. They don't want a competition to
• 50:55
  their central bank digital currency.
• 50:56
  But they're being insidious about this.
• 50:58
  They're not being honest about this because they don't have the
• 51:02
  political support to roll this out.
• 51:04
  So they have to lie about it. They have to say, actually, you
• 51:07
  know what we love Etherium let Etherium ETF.
• 51:10
  Yeah, whoop Dee Doo. You know, it's like just because
• 51:13
  they saw the polling, it has nothing to do with like, oh,
• 51:16
  this is what we want. It's like they saw the polling.
• 51:18
  They're like, oh, wait, we might not get elected here, right.
• 51:21
  So And you know what? A CBDC is a wet dream for people
• 51:26
  like Yuval Harari that we played you guys the video in the very
• 51:29
  beginning. Like that is what that guy is
• 51:31
  dreaming about. That is what that guy wants.
• 51:34
  Because there he can have his currency of trust and continue
• 51:38
  to central plan the world and you'll own nothing and be happy.
• 51:42
  And if you're not happy, you know, like, you know we will
• 51:45
  shut off your money and you're forced to eat bugs.
• 51:48
  You ate too much steak this week.
• 51:50
  That's what the central planners want.
• 51:52
  They want the central bank digital currency, and clearly
• 51:56
  they don't want Bitcoin. Bitcoin takes away the power
• 51:59
  from the state, takes away the power from the central bankers,
• 52:03
  and it truly gives it back to the people.
• 52:05
  If you take self custody for whatever fucking reason, you
• 52:08
  decide to buy captured Bitcoin, that doesn't give you Jack shit.
• 52:12
  It's self custody Bitcoin, of which you have the keys to and
• 52:15
  only you, that really empowers you to truly become a sovereign
• 52:20
  individual. So I'm going to pass it on to
• 52:21
  Knute Knute. I know you're not based in the
• 52:24
  USI know you're overseas. But dude, I mean, this is
• 52:29
  something that we're seeing worldwide.
• 52:31
  This isn't something that we're just seeing here in the US,
• 52:34
  right? You have the European Union
• 52:36
  going full force, you know, Opti's ex-girlfriend Christine
• 52:39
  Lagarde at as Fast as she can, rolling out, you know, central
• 52:43
  bank digital currencies. I believe the last time I
• 52:46
  checked, the Atlantic Council's keeping track of this 90% of the
• 52:51
  world's countries on planet Earth are running as fast as
• 52:54
  they can to develop and roll out these CBDCS so that they can
• 52:58
  retain the privilege of being able to create money for free
• 53:02
  that the rest of us have to work for.
• 53:04
  What's your take on that Canute? Well, first of all, I may not be
• 53:08
  in the US, but I saw my hat in the US in that ad you showed for
• 53:12
  For the party in Nashville. Sick.
• 53:17
  So that's why I brought that up anyway.
• 53:20
  Remember that this whole clown show like it didn't start, but
• 53:24
  like a good example of it. And Bitcoin was born out of
• 53:28
  this. When the 2008 election in the
• 53:32
  US, the switch from Bush to Obama, so from Republican to
• 53:36
  Democrat, that's those two decided to collude and bail out
• 53:41
  the fucking banks. And then we've just been rolling
• 53:46
  like people say kick the can, kicking the can down the road.
• 53:49
  But I prefer rolling the snowball down the hill since.
• 53:53
  So it's getting worse and worse and like what are you choosing
• 53:58
  between now? You're choosing between Donald
• 54:00
  Trump and Joe Biden. Like, are there two worst
• 54:03
  candidates for the? UN.
• 54:05
  Ever. Like, how Can you believe that
• 54:08
  democracy is working when that is the result?
• 54:13
  Like, it's so obviously clown world and the thing.
• 54:16
  The thing is there's the word democracy doesn't.
• 54:19
  It's not. It's nowhere to be seen in the
• 54:22
  US Constitution. It's just simply isn't in there.
• 54:25
  It's all about property rights and your nation.
• 54:28
  I'm sorry, but it has forgotten what it's all about.
• 54:32
  It started great, but they wanted a minimal state and
• 54:37
  States and their institutions grow like cancers and you don't
• 54:41
  get rid of them until you have another revolution and the
• 54:45
  revolution is upon you. It's called Bitcoin and it's
• 54:48
  it's the most peaceful 1 yet. Absolutely.
• 54:51
  I mean, I, dude, you hit the nail on the head.
• 54:53
  And I think it, you know, Bitcoin has the, the, it's the
• 54:57
  tool that could potentially bring America back to its
• 55:01
  founding principles, founding values, right.
• 55:04
  And it's completely been hijacked and of course since the
• 55:06
  establishment of the Federal Reserve, which is like the
• 55:09
  feeder for the administrative state, the feeder for the state
• 55:13
  in order to fund its operations in itself.
• 55:17
  Yeah. I I I think that you know it's
• 55:19
  you know we're we're we're not we're we're not going to go back
• 55:22
  we're we're not going to have you know this this freedom that
• 55:25
  we all desire until you know people take back that power
• 55:29
  until people really take start taking self custody of their
• 55:32
  Bitcoin until the government can't debase the currency.
• 55:34
  Anyways we just broke 1000 live viewers between YouTube and X
• 55:39
  and another 75 of you guys watching us on Rumble.
• 55:42
  So if you guys are enjoying the show, enjoying the content, help
• 55:45
  us push this message forward. Smash the like button.
• 55:49
  We still got the rest of the show.
• 55:50
  We got the culture segment left up so we can talk to Canute and
• 55:54
  Luke. And they, they just released a
• 55:56
  new book and they have this awesome show called The Freedom
• 55:59
  Footprint. So we still have the rest of the
• 56:01
  show for you guys, so stay tuned.
• 56:04
  Anyways, I'm going to pass it on to Luke.
• 56:06
  Luke, I also know that you're not American, but what's your
• 56:09
  take on this news, man? It's it's crazy.
• 56:11
  You know, if you would have talked to Bitcoiners like 15
• 56:14
  years, years ago, you could you ever have imagined them like,
• 56:19
  you know, like talking about this in the halls of Congress,
• 56:23
  presidents bringing this up, like even though they have no
• 56:26
  idea what the fuck Bitcoin is, you know?
• 56:28
  But they're it's it's being discussed in the political
• 56:31
  discourse. Like if that guy that, you know,
• 56:33
  sold, I mean sold those 10,000 Bitcoin for two pizzas, knew
• 56:38
  everything that was happened today, I don't think he would
• 56:40
  have bought those pizzas, man. Yeah man yeah.
• 56:44
  So so and just for for everyone who probably isn't aware here.
• 56:48
  Yeah, I'm I'm I'm from Canada. Originally I might have escaped
• 56:51
  to nice and sunny Finland but I'm from I'm from the great
• 56:54
  white N Canada. And yeah, I Canadas had a unique
• 56:59
  problem named Justin Trudeau for the last 10 years.
• 57:03
  And so, I mean the political situation in both countries,
• 57:06
  America, Canada, yeah, right now seems to be at a bit of a
• 57:09
  turning point. Maybe the the world is going to
• 57:11
  come to its senses a little bit and at least get rid of the
• 57:15
  political party that is more to the left than the other.
• 57:18
  So that might be positive. But I mean in terms of the
• 57:21
  politicization of it it it's it's it's funny because I I keep
• 57:24
  hearing arguments that Bitcoin isn't supposed to be political
• 57:29
  but naturally there's one side of the aisle that is at least
• 57:33
  says that they're going to do less with government infringe on
• 57:39
  freedoms less right. So that would be the the right
• 57:42
  side of the aisle and in and in in the US obviously right now
• 57:45
  that's that's Trump in Canada there's Pierre Poliev and and
• 57:49
  he's he's actually being at at a shawarma shop buying Bitcoin up
• 57:53
  in up in Canada and so that's that's pretty good for him shout
• 57:57
  out to Tahinis but yeah I think the whole situation with the the
• 58:01
  political spectrum at the moment it's it's too bad that it's
• 58:04
  gotten politicized. But honestly I think it's a
• 58:06
  natural consequence of just Bitcoin being freedom go up
• 58:10
  technology and so people who are more aligned towards freedom are
• 58:14
  going to be the first to adopt it.
• 58:16
  And so in terms of Biden versus Trump or in terms of left versus
• 58:21
  right, I mean my hope is that it all just goes toward empowering
• 58:28
  people and increasing freedom. But in the in the short term,
• 58:32
  it's it's probably going to be good to at least get political
• 58:35
  parties in that are thinking about Bitcoin and who are
• 58:39
  friendlier towards ideas of of freedom and individual
• 58:42
  sovereignty. And I play bass with a pick.
• 58:45
  A hundred, 100%, Yeah. I I think that during, I think
• 58:49
  we all believe in the theory from the sovereign individual
• 58:51
  right, where over a long enough timeline, Bitcoin makes politics
• 58:56
  completely irrelevant. But during the transition period
• 59:00
  that's where, you know, like unfortunately these politicians
• 59:05
  can make your life a living hell if if you live in an anti
• 59:08
  Bitcoin kind of legislation, can you it?
• 59:11
  Yeah. Yeah, so much here.
• 59:13
  And I see so much in the comments about Trump being the
• 59:16
  obvious better choice. And he and this and that.
• 59:19
  And like, are you really sure that a pro Bitcoin precedent
• 59:23
  would be a better than one that's against Bitcoin?
• 59:26
  Because like, the only thing that can wake people up is
• 59:29
  fucking waking up, and people aren't gonna run their own nodes
• 59:33
  if they're allowed to run them. This is a freedom tool.
• 59:37
  We need to escape the entire fucking matrix.
• 59:40
  Trump did trade embargoes and he he gave out $1000 to each U.S.
• 59:47
  citizen during the lockdowns, and the lockdowns was on Trump's
• 59:50
  watch. He said call me too.
• 59:52
  Like, yeah, he prints money just as much as the next guy.
• 59:55
  You don't get it. You need to escape the entire
• 59:58
  fucking system, and we all do. It doesn't matter where you
• 1:00:02
  live. You need to break out of this
• 1:00:04
  thing and you're not going to do it by political means.
• 1:00:07
  These people are not going to save the world. 1.
• 1:00:11
  Canoe's an accelerationist. 100% was about to say that Canoe is
• 1:00:15
  on the accelerationist camp. And you know that.
• 1:00:19
  And that's the thing. Like that's one of the things.
• 1:00:21
  And and Nolan is making that case.
• 1:00:23
  Love his show, by the way. Break up at 8:00 AM in the
• 1:00:25
  morning. He makes the case for that as
• 1:00:28
  well. He makes the case that, you
• 1:00:30
  know, let's get a Joe Biden and let's get a Trudeau, let's let's
• 1:00:33
  make things worse so that people wake the F up.
• 1:00:36
  And that's a really, really good point.
• 1:00:38
  Canoe. Anyways, Opti, what's your take
• 1:00:40
  on this before we get on to the culture to talk about what Knute
• 1:00:43
  and Luke are working on? Yeah, so I mean, I not to echo
• 1:00:47
  exactly what Knute says, 'cause he, he laid it out great.
• 1:00:50
  And just going back to like the original start of this news
• 1:00:54
  story, you know, like, look, I like the direction that the
• 1:00:57
  political class is taking at this point.
• 1:00:59
  They realize that it's politically unfavorable to be
• 1:01:01
  anti Bitcoin. And I I just, me and Nico been
• 1:01:05
  surprised at how quickly they've been able to pivot and go 180°
• 1:01:10
  against the rhetoric. They've been.
• 1:01:12
  They've been extolling on us for a while and now you know it's
• 1:01:16
  happening way faster than we foresaw.
• 1:01:18
  But of course, you know Trump using Coinbase, commerce is not
• 1:01:22
  the way. Like it's absolute trash.
• 1:01:25
  But hey, you know baby stamps, we can't expect them to get it
• 1:01:28
  right all all the way. But hey, if you are listening,
• 1:01:31
  which we know you do get, you know, set up ABDC pay server,
• 1:01:33
  that'd be lit like that would really get some good favoritism
• 1:01:37
  coming out from the bitcoiners. But you know also, I guess this
• 1:01:42
  is my point here, Nico, and you can say what you want, but don't
• 1:01:44
  send Trump or any politician. Your Bitcoin 100%.
• 1:01:48
  Not only will it most likely be converted back to Fiat
• 1:01:52
  instantly, but stack them. Sad.
• 1:01:54
  It's like this is the point. You know you don't need to send
• 1:01:56
  them your money, especially don't send them Bitcoin.
• 1:01:59
  Everyone's a scammer and of course they want your Bitcoin.
• 1:02:02
  It's the best way to store your values.
• 1:02:03
  So I love it. But one of the things that I was
• 1:02:06
  thinking why the that Trump news story was going on is the the
• 1:02:09
  classic floodline or the meme of like.
• 1:02:11
  But bro like Bitcoin. Is it money because no one
• 1:02:14
  accepts it bro like it falling flat on its face.
• 1:02:17
  Obviously the technicalities here aren't perfect, but hey,
• 1:02:20
  now we have presidential candidates taking Bitcoin.
• 1:02:22
  Like it sounds like money to me, guys.
• 1:02:24
  I don't know, maybe, maybe I'm biased here, but it sounds like
• 1:02:28
  people want your Bitcoin. He's not, though.
• 1:02:31
  He's not taking Bitcoin. He's fucking Coinbase.
• 1:02:35
  The only the only politician that makes sense to me is Javier
• 1:02:38
  Miley in Argentina. He's the only one that speaks my
• 1:02:43
  language. I don't trust him either.
• 1:02:45
  I don't trust any politician, but at least he's got the
• 1:02:48
  fucking freedom thing right. 100% And then last point Nico,
• 1:02:53
  before we move on to the culture so we can get some time.
• 1:02:56
  Did you see the CNBC headline this morning about Trump being
• 1:02:59
  pro Bitcoin and creating a pro Bitcoin army?
• 1:03:02
  I just love the rhetoric coming out of this, especially when you
• 1:03:05
  compare it to Elizabeth Warren's anti Bitcoin anti crypto army.
• 1:03:09
  It's just hilarious that they're they're they're having to
• 1:03:12
  partake in the Bitcoin memes to succeed.
• 1:03:15
  I it's our meme world. Everyone else is just living in
• 1:03:17
  it. And last point, I don't know
• 1:03:18
  much about Tom Emmer, but I love, I love what he's saying.
• 1:03:22
  I he's great. Every everything that I've seen
• 1:03:25
  and heard from him recently has been absolutely on point.
• 1:03:28
  We need more politicians like that.
• 1:03:30
  Absolutely. I I I think, I think we need to
• 1:03:33
  move to a world, accelerate to a world where we don't need
• 1:03:36
  politicians at all. And I think Bitcoin is going to
• 1:03:41
  enable that. But there is going to be a
• 1:03:43
  little transitionary period, which is definitely what we're
• 1:03:46
  living through these days anyways.
• 1:03:48
  I do want to give a very small shout out to our sponsor, the
• 1:03:51
  Orange Pilot, before we go on to the culture guys Stack friends
• 1:03:54
  who stacks. That's the Orange pilot is the
• 1:03:57
  Bitcoin social layer. Find local bitcoiners, events
• 1:04:00
  and merchants near you. Join the 10,485 bit 85 bit
• 1:04:05
  coiners that are currently on the app.
• 1:04:08
  It has a really cool geographical feature that will
• 1:04:10
  let you let you see what Bitcoiners are near you.
• 1:04:13
  So if you're traveling, you move to a new city.
• 1:04:15
  You can open up the Orange Pilot, but it'll literally tell
• 1:04:18
  you the bitcoiners that are near you.
• 1:04:19
  You can send them a message. It also has a really clever
• 1:04:22
  filtration system, so you'll only find fellow bitcoiners on
• 1:04:25
  the app. You won't be getting messages
• 1:04:27
  like if you send me one Bitcoin, I'll send you 2.
• 1:04:30
  It's a great way to reach me directly.
• 1:04:33
  I take the time to answer every single one of you guys.
• 1:04:35
  So if you guys want to reach me directly, download the Orange
• 1:04:38
  pull up. You can send me ADMI know Canute
• 1:04:40
  is on the orange pull up as well.
• 1:04:42
  Opti is on the orange pull up. So guys, it's probably a good
• 1:04:45
  idea to build up that Bitcoin or Rolodex because bit corners are
• 1:04:48
  going to be some of the most powerful, influential people in
• 1:04:51
  the next 5 to 10 years. So you can scan the QR code or
• 1:04:54
  check the link in the video description.
• 1:04:56
  Download the orange pull up today.
• 1:04:58
  All right everybody, let's get on to the culture.
• 1:05:00
  Here we go go the daily culture. I want to give a shout out to
• 1:05:11
  our sponsor, Cabin Max. They're the most trusted place
• 1:05:15
  to buy, sell and host mining equipment.
• 1:05:17
  Check out the racks by scanning the QR code.
• 1:05:19
  That will take you directly to their Telegram inventory where
• 1:05:22
  you can connect with a member of their sales team.
• 1:05:23
  They make purchasing their products easy and transparent.
• 1:05:26
  You could also sell your mining equipment with Kaboom racks.
• 1:05:29
  All you got to do is scan the QR code.
• 1:05:31
  They also have a very special sale going on.
• 1:05:34
  They're offering instant hosting for the S19K Pro 120 Tera
• 1:05:40
  hashes. There's a one time payment of
• 1:05:42
  $2466 + 100 and $60.00 per month thereafter.
• 1:05:47
  Your hash rate goes online after your payment is confirmed.
• 1:05:51
  You're you own the miner. This is not a hash rate
• 1:05:54
  contract. The price includes a three month
• 1:05:56
  security deposit and 1st month. The hosting is priced at a low
• 1:06:01
  rate of .079 cents kilowatt hours.
• 1:06:04
  So if you guys want to start instant hosting right now, you
• 1:06:07
  could scan the QR code and you could check out the special deal
• 1:06:11
  by Kaboom racks. This is where I personally buy
• 1:06:13
  my Bitcoin mining A6. Check out Kaboom Racks today.
• 1:06:17
  All right, ladies and gentlemen, we're going to finally
• 1:06:19
  transition to talk to these two legends right here.
• 1:06:23
  Canutes van Holm, the author of some of my favorite Bitcoin
• 1:06:27
  books. And of course, Luke the Wolf.
• 1:06:29
  And they have a awesome Bitcoin show currently currently on
• 1:06:34
  YouTube. I believe it's called the
• 1:06:36
  Freedom Footprint. Huge fan of it.
• 1:06:39
  They've done some incredible interviews.
• 1:06:41
  So guys, it's an absolute honor to have you guys on the show
• 1:06:43
  today. How you guys doing?
• 1:06:47
  How do you think we're? Having a blast, you translate to
• 1:06:51
  Canute. I I can't, I can't tell.
• 1:06:55
  I can't tell the the, the, the Nordic stoic answers.
• 1:07:01
  That means he's having a good time.
• 1:07:03
  I live by the motto If they're happy, I'm happy.
• 1:07:06
  If they're not happy, I'm happy. Anyways, I'm going to pass it on
• 1:07:12
  to Opti. Opti we have.
• 1:07:13
  I'm excited, man. Yeah, that's gonna be great.
• 1:07:16
  So we'll talk about freedom, footprint at the tail end of the
• 1:07:18
  culture. But what we really want to talk
• 1:07:20
  about is your guys's latest release, a new book, and
• 1:07:24
  everyone in the chat said this is the best meme.
• 1:07:26
  Coming out of today's show is the new title of your book
• 1:07:29
  Bitcoin the The Inverse of Clown World.
• 1:07:32
  So I don't know who who wants to take this?
• 1:07:34
  You guys can talk about what is this book based on?
• 1:07:37
  Obviously, I think we can tell. I think we can tell.
• 1:07:39
  I could play this video if you want whatever you guys want to
• 1:07:42
  do. The video's a bit alone.
• 1:07:45
  But yeah, I give you a. Couple minutes.
• 1:07:48
  Sure. OK, cool.
• 1:07:49
  Let's we'll play a first one. Of Michael Jackson.
• 1:07:55
  If you want to make the world a better place, take a look at
• 1:07:59
  yourself and then make a change lies a profound call to action
• 1:08:06
  that resonates deeply within the hearts of those of us who dare
• 1:08:09
  to dream of a better tomorrow. This timeless nugget of wisdom
• 1:08:20
  encapsulates the essence of personal transformation and its
• 1:08:25
  ripple effect on the societal fabric surrounding us.
• 1:08:30
  A journey of introspection and self improvement is not just an
• 1:08:35
  act of personal fulfilment, but a pivotal step towards enacting
• 1:08:40
  broader, meaningful change in our interconnected world.
• 1:08:45
  Have you ever found yourself lost in the labyrinth of
• 1:08:47
  existential questions? Questions like why are we here?
• 1:08:52
  What is the purpose of life? How many skateboarders does it
• 1:08:56
  take to screw in a light bulb? These questions invite us to
• 1:09:00
  contemplate our existence and the mysteries surrounding our
• 1:09:04
  being. For the curious, the follow up
• 1:09:06
  question wait, But why? Soon emerges as a constant
• 1:09:11
  companion in our quest for understanding.
• 1:09:15
  Our inherent curiosity propels us to challenge the conventional
• 1:09:20
  to look beyond the surface and to seek truths hidden beneath
• 1:09:25
  the veneer of societal norms. As humans, we constantly strive
• 1:09:30
  for coherence and meaning. We have constructed elaborate
• 1:09:35
  narratives and frameworks to make sense of our surroundings,
• 1:09:38
  and we act like these constructs are immutable truths.
• 1:09:43
  Yet reality is far more fluid. Even when faced with
• 1:09:47
  overwhelming evidence, we find it challenging to accept novel
• 1:09:52
  ideas. The process of updating
• 1:09:55
  conventional wisdom is slow and often comes with a lag,
• 1:10:00
  regardless of what we think about them.
• 1:10:03
  New scientific insights and shifts in our technological
• 1:10:06
  landscape challenge our perceptions.
• 1:10:10
  Yeah. Great, Great, great, great.
• 1:10:12
  Yeah, you can. You can go watch the whole video
• 1:10:14
  on. I'll drop it in the chat for
• 1:10:16
  everyone. Yeah, the the animator is called
• 1:10:19
  Yoni Appelberg and you may know him from my earlier
• 1:10:22
  collaborations with him, especially the Everything
• 1:10:26
  Divided by 21 million video which created this meme here.
• 1:10:31
  So. So we're very happy to announce
• 1:10:33
  that we're releasing the book on Bitcoin Infinity Day, August
• 1:10:37
  21st this year. And me and Luke will be in Riga
• 1:10:42
  for Baltic Honey Badger and the new Day for Baltic Honey Badger
• 1:10:46
  and Nost Riga is also starting there.
• 1:10:49
  So the Noster conference starts we'll be throwing an Infinity
• 1:10:52
  day party. There will be a dinner with 21
• 1:10:56
  guests and all of this. So we're we're we're doing this
• 1:10:59
  with a bang and the the biggest news may be that the the the
• 1:11:04
  entire book will be turned into a Yoni style animation series.
• 1:11:10
  So you will be able to watch the entire thing on on YouTube
• 1:11:16
  throughout the year because you only we have to give Yoni some
• 1:11:20
  time to actually do the animation.
• 1:11:23
  But yeah, the plan is to have Guy narrate and you only do the
• 1:11:27
  videos. Yeah, you can never predict the
• 1:11:30
  future to 100% accuracy, but that's the plan anyway.
• 1:11:34
  And the book is about 95% done I would say or between 90 and 95%
• 1:11:40
  done. And we've had loads of fun doing
• 1:11:42
  it. It's very much inspired by the
• 1:11:45
  conversations we've had on the Freedom Footprint show the last
• 1:11:49
  two years. And yeah, over to Louie.
• 1:11:51
  You, Luke, you maybe you can tell your story here and the
• 1:11:55
  story about the show, Yeah. Yeah, well just just what Knute
• 1:12:01
  is saying. I mean the The Freedom Footprint
• 1:12:02
  show is is our little podcast. That is is really how I got
• 1:12:06
  connected with Knute in the 1st place.
• 1:12:08
  I was I was just looking to contribute to the community and
• 1:12:11
  we got connected through Knute's publisher at the the time and
• 1:12:15
  they they just wanted to start a podcast and and I'd been doing
• 1:12:18
  some podcasting before before I got into Bitcoin and one thing
• 1:12:22
  led to another and we started making the show and it it's just
• 1:12:25
  been awesome and we've we've been focusing on this idea of
• 1:12:28
  the freedom footprint expand your freedom footprint as
• 1:12:31
  opposed to you know your carbon footprint But the the the whole
• 1:12:35
  idea of the show is is just to explore Bitcoin and other
• 1:12:38
  freedom go up technologies and and we really try and dig deep
• 1:12:42
  into those ideas you know and and So what that's brought out
• 1:12:45
  is this this book and of course the the everything divided by 21
• 1:12:49
  million meme is is is timeless But then the the thing that
• 1:12:53
  started to come up over and over again is that Bitcoin is also
• 1:12:56
  the inverse of clown world. It inverts clown world.
• 1:13:00
  And so the book is going to talk about how Bitcoin is the thing
• 1:13:04
  that is going to be the solution to clown world.
• 1:13:06
  But there's a there's a twist though.
• 1:13:09
  And so I I invite you to watch the the whole video because it's
• 1:13:12
  going to get to a bit of a point.
• 1:13:14
  And then what we're going to reveal through the book is maybe
• 1:13:17
  that Bitcoin actually changes you and maybe you're the one
• 1:13:22
  that inverts clown world. And so that's the the whole
• 1:13:24
  idea. So I'm, I'm super thrilled to be
• 1:13:26
  a part of this, this whole process.
• 1:13:28
  Never could have imagined it even a couple of years ago here.
• 1:13:31
  But yeah, that's that's the book.
• 1:13:33
  And so I, I, I know I can speak for Knute on this.
• 1:13:35
  We're both super excited for it, so.
• 1:13:36
  You buried the lead there a little bit.
• 1:13:38
  You buried the lead there all right.
• 1:13:40
  And the the part that I want to focus on is, you know, you don't
• 1:13:45
  change Bitcoin. Bitcoin changes you.
• 1:13:47
  And you know I've been, it's my eighth year to can't believe I'm
• 1:13:50
  saying this, you know down the Bitcoin rabbit hole.
• 1:13:55
  And I've it's not only helped me financially obviously, but I
• 1:14:00
  would even say that it's helped me on on a much deeper level.
• 1:14:05
  I feel like I'm more have a have a my my my perception of reality
• 1:14:12
  is more anchored on the truth than as if I were living on a
• 1:14:17
  Fiat standard. So I completely, fundamentally
• 1:14:21
  agree with you and SPS in the chat saying Opti changes you.
• 1:14:27
  Well, yeah, maybe Knute. So could you you wanna elaborate
• 1:14:34
  a little bit? You wanna talk about that 'cause
• 1:14:35
  I I think that's such a very it's a fascinating point that I
• 1:14:38
  think a lot of people, they don't understand how how much
• 1:14:42
  Bitcoin fundamentally changes you the moment you adopt A sound
• 1:14:45
  money standard. No.
• 1:14:47
  And if you if you read the entire book, you'll understand
• 1:14:50
  why Bitcoin changes you. And if you watch the entire
• 1:14:53
  trailer, you'll you'll get the answer to how many skateboarders
• 1:14:57
  it takes to screw in a light bulb as well.
• 1:14:59
  But like this, this book is about introspection and self
• 1:15:03
  improvement and how Bitcoin is self improvement that that's
• 1:15:08
  literally what it is and used properly, it can emancipate you
• 1:15:13
  and it can turn you into a better human being.
• 1:15:15
  And I 100% believe that. And I know you three do too.
• 1:15:20
  So we just want more people to come on board this wonderful
• 1:15:24
  train and escape clown world. Absolutely man, 100% Anyways,
• 1:15:32
  Opti, I see you have something pulled up.
• 1:15:34
  Yeah so I got your website up here freedomfootprintshow.com
• 1:15:40
  and as AII guess a a philosopher by trade.
• 1:15:45
  I I got a Bachelor's in philosophy.
• 1:15:46
  I really love your your tagline here Bitcoin philosophy podcast
• 1:15:50
  and I I've written down a few notes on myself what the Bitcoin
• 1:15:54
  philosophy is to me personally and I've been meaning to like
• 1:15:56
  write something on on that on that topic I but I only have it
• 1:16:01
  in outline. So I want to ask you guys, what
• 1:16:03
  do you think is the Bitcoin philosophy?
• 1:16:07
  I think there's no one single answer to that question but
• 1:16:12
  Bitcoin. Like in order to really
• 1:16:16
  understand Bitcoin, you must first understand the problem it
• 1:16:19
  solves and that that in itself sends you down so many rabbit
• 1:16:23
  holes and so many philosophical dilemmas that you never thought
• 1:16:29
  of before. So.
• 1:16:31
  So I think it's like the best way to to to to trigger those in
• 1:16:35
  people is to start asking really simple questions like why do we
• 1:16:40
  pay taxes if they can print money or why do people in the
• 1:16:44
  public sector pay taxes And why if you practice something, if a
• 1:16:51
  person practices doing something, do they become better
• 1:16:55
  or worse at that something? And the answer is obviously they
• 1:16:59
  get better at doing that something.
• 1:17:01
  The follow up question to that is yeah, so why are prices going
• 1:17:06
  up? Why if we get better at doing
• 1:17:10
  stuff, why do prices go up? And the only answer is because
• 1:17:14
  the money is broken. So, and that's what Bitcoin
• 1:17:17
  fixes. And by extension, that fixes
• 1:17:20
  everything. That's a very extremist
• 1:17:23
  perspective, Canute. That yeah, but I am an extremist
• 1:17:29
  according according to others. Like I view non violence as what
• 1:17:35
  should be the norm and then you have politics all to the left of
• 1:17:39
  that. It's just different grades of
• 1:17:42
  hell basically. And the the less coercion you
• 1:17:46
  have in society, the better. Bitcoin makes it less profitable
• 1:17:51
  to coerce people into behaviors, and that's just the greatest
• 1:17:55
  thing ever. It's a greatest tool for peace
• 1:17:58
  ever discovered. Love it, love it.
• 1:18:00
  Luke, I I'll ask you the same question.
• 1:18:02
  What? What is your thoughts on this
• 1:18:04
  topic? Well again, and and this isn't a
• 1:18:07
  cop out exactly, but it it is up to the individual to decide what
• 1:18:11
  is the philosophy of Bitcoin. But I'll tell you for for me,
• 1:18:14
  the way I got into Bitcoin was through a different rabbit hole.
• 1:18:18
  I first fell down the Jordan Peterson rabbit hole a few years
• 1:18:22
  before I found Bitcoin. And it really helped me to find
• 1:18:26
  Bitcoin by by watching guys like Rob Breedlove go on, you know
• 1:18:32
  Lex Friedman and other guys like that and and talk about Bitcoin
• 1:18:35
  through a lens of the philosophy of find meaning in life and find
• 1:18:40
  the the the way that the world makes sense based on how we
• 1:18:46
  think and how of course commute with this cactus.
• 1:18:51
  Yeah, but yeah. Yeah and and and so.
• 1:18:54
  So the angle that I came at Bitcoin was basically inserting
• 1:18:59
  Bitcoin into this philosophy of finding personal meaning and
• 1:19:04
  taking responsibility. And that's what resonated for me
• 1:19:07
  with everything that doctor Jordan Peterson was was talking
• 1:19:10
  about. And now actually I I've been
• 1:19:13
  doing it a series now with with Rob Breedlove on on his channel
• 1:19:17
  about Jordan Peterson's maps of meaning.
• 1:19:19
  So we're up to episode 10 or 11 now something like that deep
• 1:19:22
  dive into that book. And I mean, everyone's got their
• 1:19:25
  own background and and philosophy and their their own
• 1:19:28
  take on Bitcoin, But what I just encourage is to to find the
• 1:19:32
  highest good that you can conceive of and put everything
• 1:19:36
  into that. This is what makes heroes, this
• 1:19:40
  is what makes saviors. And this is the Bitcoin rabbit
• 1:19:43
  hole for me. Every Bitcoin, every, every dive
• 1:19:46
  down the Bitcoin rabbit hole is a shamanic journey.
• 1:19:48
  And every and every time you come out of that, you'd become
• 1:19:52
  the hero and you become the savior all at the same time.
• 1:19:54
  Oh. Bars.
• 1:19:55
  That's some bars right there, yeah.
• 1:19:57
  That cool motherfucking boy. Also we got a a caller coming
• 1:20:03
  and joining us on the show and he he has some issues with what
• 1:20:08
  Canute was saying. Canute do you?
• 1:20:12
  Do you have any? Do you have any thoughts?
• 1:20:15
  Yes, exactly what of what I said does he have an issue with?
• 1:20:21
  You obviously don't trust me. Look, you see, I I don't believe
• 1:20:30
  people are evil. Not even Yuval.
• 1:20:36
  I think he thinks that he's doing good.
• 1:20:39
  I I just think the incentives of the system he's living in is
• 1:20:43
  making him do evil things. And and I think that's very
• 1:20:48
  unfortunate and whatever it's the chicken and the egg problem,
• 1:20:52
  the what came first, the evil or the system that created it, I
• 1:20:57
  don't know. But we're living in times where
• 1:21:00
  where it's OK for people to take other people's stuff and people
• 1:21:04
  think that's morally justified. And only when you realize that
• 1:21:09
  that is can never be morally justified can you can you truly
• 1:21:12
  understand Bitcoin, I think. 100% and that's such a that is
• 1:21:18
  such a a key point right this this system because it's it's
• 1:21:23
  not only like you could make the case direct taxation you can
• 1:21:27
  make the case property taxes like you never really own
• 1:21:30
  anything you're always kind of paying rent to the government.
• 1:21:33
  But I think the the very essence of Fiat is is based on theft.
• 1:21:39
  Like, you know, they debase the currency.
• 1:21:41
  It is literally stealing your your energy, your your your life
• 1:21:45
  force, your savings. And it does it through this very
• 1:21:49
  clever mechanism where people are just convinced that it's the
• 1:21:54
  opposing party, the opposing political party that is the
• 1:21:57
  cause of all their economic hardships, all their woes that
• 1:22:01
  they're enduring. And they have this clever divide
• 1:22:04
  and conquer strategy, which is clearly it's working right,
• 1:22:09
  where they're getting people distracted on these things that
• 1:22:12
  have absolutely no impact on their life.
• 1:22:16
  So they can just keep on printing money.
• 1:22:19
  And regardless of the political party that's in power, they both
• 1:22:23
  do essentially the same thing. I think those comments on Trump
• 1:22:27
  that you said earlier can you were spot on right about the you
• 1:22:32
  know the the the the stimulus checks that he sent.
• 1:22:37
  You know the the the printing of money.
• 1:22:39
  So you know it's it's it's it's it's one of those things.
• 1:22:44
  What I got to say is Bitcoin fixes this.
• 1:22:45
  Bitcoin fixes this. The more people adopt A Bitcoin
• 1:22:48
  standard, the more people that you know unplug from the Fiat
• 1:22:52
  matrix. I think it's going to make the
• 1:22:54
  world a much better place and it and over time hopefully it ends
• 1:22:58
  the clown world all together. But I think as as as long as
• 1:23:02
  people live on a Fiat standard clown world will persist.
• 1:23:06
  I think clown world is a symptom of Fiat itself.
• 1:23:12
  It clearly is, and this book will explain why and how things
• 1:23:17
  are connected. So we're very excited for it and
• 1:23:21
  we're having loads of fun. Even though it's hard work we're
• 1:23:23
  having having loads of fun making it and bouncing ideas off
• 1:23:27
  of one another and and trying to make each section as good as it
• 1:23:31
  possibly can be. Well, I'm.
• 1:23:33
  I'm really looking forward to it.
• 1:23:35
  Where can people stay updated if they're interested in the book?
• 1:23:39
  Like where? Where can people purchase a
• 1:23:41
  copy? Where can they see it?
• 1:23:43
  Where can people stay updated on the development and the release
• 1:23:46
  of this? Well, you can follow the Freedom
• 1:23:50
  Footprint Show on wherever we are.
• 1:23:54
  And you can follow me and Luke and the Freedom Footprint Show
• 1:23:58
  on X. Just kidding.
• 1:24:01
  On Twitter and and on Noster. So we're on Twitter and on
• 1:24:06
  Oster, that's our main platforms and we're on whatever podcasts
• 1:24:12
  platforms you prefer to use, including once where you can SAP
• 1:24:18
  people if you're still allowed to do that in the US So you can
• 1:24:23
  follow us on Fountain, for instance.
• 1:24:26
  Yeah. And we'll, we'll talk about the
• 1:24:27
  book on the show. You can also follow Yoni
• 1:24:30
  Appelberg's YouTube channel because that that's where they
• 1:24:35
  will post the videos and his his other videos are just gorgeous
• 1:24:41
  and fantastic. So if you're if you're not
• 1:24:43
  following Yoni Appelberg, you should I I will write his name
• 1:24:47
  in the chats here. Love it, Huenigo.
• 1:24:50
  Before we go, let's do what is the last message you want to
• 1:24:54
  leave with the audience. And we'll start with Luke.
• 1:24:58
  Last messages increase your freedom footprint and invert
• 1:25:00
  clown world. Bars.
• 1:25:02
  Okay. Nice, short and sweet.
• 1:25:04
  Love it. Okay Canute.
• 1:25:05
  Same question. What's the last message you want
• 1:25:07
  to leave with the audience? That sounds so final.
• 1:25:13
  We got a wrap of the show. Like, subscribe and brush your
• 1:25:17
  teeth. Boom.
• 1:25:19
  Boom. Dropping the wisdom.
• 1:25:21
  All right, everybody. That was Wednesday, May 22nd.
• 1:25:25
  Simply Bitcoin Live. If you guys enjoyed the show,
• 1:25:27
  you know what to do. Smash a like Betty.
• 1:25:28
  Consider subscribing if you feel like we provided you value.
• 1:25:31
  But the number one thing you could do to help push the
• 1:25:33
  peaceful Bitcoin revolution. Share Bitcoin content.
• 1:25:36
  Share Bitcoin media. Share Bitcoin culture.
• 1:25:38
  Share Bitcoin. Muse.
• 1:25:38
  Share Bitcoin everything. Share it, Share it.
• 1:25:40
  Go subscribe to the Freedom Footprint Show.
• 1:25:43
  And yeah, exactly. Pick up cactuses.
• 1:25:46
  It's good for you anyways guys. We love you all.
• 1:25:49
  We appreciate you guys. We wouldn't be here without you.
• 1:25:51
  I'm Nico, who's my legendary Co host, Optimus Fields, our guest
• 1:25:55
  for today. Good news, fan home and Luke the
• 1:25:57
  Wolf. Guys, we'll see you tomorrow for
• 1:25:59
  a brand new episode of Simply Bitcoin Live.
• 1:26:04
  This episode was brought to you by bitcoinwell.com on a mission
• 1:26:08
  to enable independence.