Latest / Simply Bitcoin / FED Pivots Money Printer Back On, Bitcoin to the Moon | EP 699

Transcript

FED Pivots Money Printer Back On, Bitcoin to the Moon | EP 699 · Simply Bitcoin

• 0:11
  Yo welcome to Simply Bitcoin live your number one source for
• 0:13
  the peaceful Bitcoin Revolution cover breaking news culture,
• 0:15
  medic Warfare we will be your guide through the separation of
• 0:18
  money in state. Q, e is back baby.
• 0:20
  They turned on the money, printers, they turn on the money
• 0:23
  printers and you think it's a coincidence that Bitcoin pumped
• 0:28
  the way it did. Anyways, I think and I was
• 0:31
  telling this to my girlfriend over the weekend, the price of
• 0:34
  Bitcoin right now, you know, on the heels of a potential
• 0:39
  banking. Atrophy, where, you know, all
• 0:43
  the largest central banks, all around the world, coordinated in
• 0:45
  the statement and the fact that Bitcoin pumped like 7K, because
• 0:53
  of that news. Tells you how people not, and
• 0:57
  not the the first two minutes. I can't say the curse word but
• 1:00
  not the not the altcoins, right? But Bitcoin, specifically tells
• 1:07
  you everything you need to know, right?
• 1:10
  Bitcoin is the insurance policy. It is, you know, to use opt,
• 1:13
  he's ex-girlfriends own words, it is the escape valve and the
• 1:18
  market feels that way. You know, what was the quote by
• 1:22
  Satoshi Chow Chancellor and Genesis block, right Chancellor
• 1:26
  on the second on the brink of the second bailout for banks.
• 1:29
  What number are we on nowadays? What is this, like, the fifth?
• 1:35
  You know, this is crazy. He knew he knew and I mean,
• 1:38
  obviously, he knew look, we always say this, right?
• 1:43
  If you had the power of the money printer, You would use
• 1:46
  that, wouldn't you? I don't think anyone would be
• 1:48
  able to resist that Temptation, right?
• 1:51
  Absolute power corrupts. Absolutely.
• 1:53
  And honestly, I don't think that they think, That they're like,
• 2:01
  they're twirling their mustaches and they're like, hey, you know,
• 2:05
  we're going to steal from people's futures.
• 2:07
  No, I genuinely think that they, you know, they really believe in
• 2:13
  the high Church of Fiat. They really believe in this, you
• 2:17
  know, in this Keynesian economics, Central planning
• 2:20
  Works, bro. And I do believe that they think
• 2:25
  they're doing what's best. But today, we're not only going
• 2:29
  to cover what happened over the weekend. but we're going to
• 2:31
  cover the consequences of what money does, what printing money
• 2:36
  does to people that don't own assets, meaning if you're in the
• 2:40
  lower and middle classes, if you're under the age of 35 and
• 2:44
  you haven't had the time to accumulate wealth You own
• 2:50
  nothing and they tell you this, you know, like the continuing
• 2:53
  errors are even using their even trying to meme this into
• 2:56
  reality. You do nothing and be happy,
• 2:58
  right? Like this is nuts and this is
• 3:02
  why we're here, right? This is what Bitcoin is all
• 3:05
  about, it's about taking back your energy, your time, your
• 3:08
  work, and taking it back into your own hands, right?
• 3:12
  This is what the peaceful revolutions about.
• 3:15
  This is nuts, this is nuts. I don't know how this will end,
• 3:19
  but all I know is that I sleep very, very soundly at night
• 3:25
  because I own Bitcoin and I have that said, Bitcoin in self
• 3:28
  custody while everyone's freaking out like, holy crap,
• 3:31
  the banks should I take money out of this bank.
• 3:34
  So I put in this bank, I'm like, dude, like I have Bitcoin not
• 3:38
  Bitcoin self because the, I don't really care, you know?
• 3:40
  Like you know, of course, I care.
• 3:43
  That would be catastrophic to Watch the Global Financial
• 3:47
  system meltdown, but at the same time, you know, buy yourself
• 3:51
  some insurance, that's, you know, get yourself some, maybe
• 3:55
  it catches on. Anyways, I'm going to bring up
• 3:58
  my very special, my very special host today is always optimistic.
• 4:03
  Even with the bank's collapsing, Opti has a smile on his face.
• 4:07
  How you doing? Well, first off?
• 4:09
  First time special like special ed but hey, that's neither here.
• 4:13
  Nor there. No, man.
• 4:15
  This lie like Nico. You said it best.
• 4:20
  I think I feel like my Bitcoins Zen attitude now is like even
• 4:24
  further and overdrive. I am so happy to be a bit corner
• 4:27
  right now. We are continuously seeing this
• 4:32
  not contagion happening in the banking system and we have
• 4:36
  Bitcoin like Bitcoin was made for this moment.
• 4:38
  Bitcoin was is not only made for this moment, but as we are
• 4:42
  seeing in regard to the price there, there is people waking A
• 4:45
  up to the idea that, oh my goodness, I need to get my money
• 4:49
  out of the system even if it's a little bit.
• 4:51
  And so again, what do I say? Every single time on the show,
• 4:54
  the Bitcoin price is a real-time understanding our real-time
• 4:58
  metric of people's understanding of Bitcoin.
• 5:00
  And, you know, someone woke up to that same idea that we are
• 5:04
  saying, you need your money out of the system because you cannot
• 5:07
  trust a Fiat system and here we are again Nico.
• 5:10
  What is this fifth bailout for the banks or is this or is this
• 5:15
  last one? Just one big continuous bailout.
• 5:17
  Like what is going on here? Doesn't really matter as a big
• 5:21
  corner, you just get to watch on the sidelines and eat some
• 5:23
  popcorn but man it is not looking good.
• 5:26
  Again they're just papering it over and most people are still
• 5:29
  asleep at the wheel but as bitcoiners we are we are hyper
• 5:32
  focused on this because this is the most important thing going
• 5:35
  on in the world right now. And you know, people are still
• 5:38
  just in any of video like The Big Short quote.
• 5:42
  Anyways, on today's culture we got Brian from Some orange pill
• 5:46
  app, and this is something that I like to talk about a lot.
• 5:48
  I really like how you guys put it on your, on your website, the
• 5:52
  Bitcoin, social layer. So we'll get into that in the
• 5:54
  culture today. But this, some that I
• 5:56
  continuously talk about, make sure you are surrounded by
• 5:59
  bitcoiners because life is so much better anyways, how you
• 6:02
  doing Brad? I'm great guys.
• 6:03
  Yeah, I mean you, you nail that absolutely like whether it's
• 6:08
  today like on day where bitcoiners are kind of rejoicing
• 6:11
  because price is going up and the thesis is intact like that's
• 6:14
  a great time to be Surrounded by Big Winners but in the throes of
• 6:18
  the bear Market, it was also a great time to be surrounded by
• 6:20
  Bitcoin or so, I mean, there's you really can't go wrong when
• 6:23
  you're stacking friends like it's the fill the fail-proof
• 6:27
  option. Amen, to that.
• 6:28
  Amen to that? Yeah, bro.
• 6:30
  I don't think I've ever met a more optimistic group of people
• 6:34
  where, you know, we're on the heels of a potential banking
• 6:37
  collapse banking catastrophe, and bitcoiners like prices,
• 6:41
  pumping, we're good, my wealth is in my custody.
• 6:45
  D, you know, and maybe a lot of people will say that selfish.
• 6:49
  But I mean we told you. So I like we I don't know how
• 6:51
  long we've been telling you for like the last, you know, how
• 6:54
  long has it been? I personally and my my personal
• 6:57
  experience I've been telling people for seven years now,
• 6:59
  right? And I'm sure you guys have very
• 7:01
  similar stories, right? You know, come come join our
• 7:05
  side, it's a lot nicer over here.
• 7:07
  Anyways, everybody, let's get to the numbers.
• 7:09
  We have a lot to talk about. Let's check it out.
• 7:13
  The Bitcoin members brought to you by not all at this point,
• 7:18
  you should be running your own Bitcoin note.
• 7:20
  If you don't use your own Bitcoin node, you're trusting
• 7:22
  someone else's run your own version of Bitcoin core.
• 7:25
  The lightning Network, whirlpool, and Dojo all from the
• 7:28
  comfort of your own home. And if your digital Nomad, you
• 7:32
  have absolutely no excuse because now you can run a novel
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  through a virtual private server.
• 7:37
  Visit not L.E you today our guys.
• 7:39
  I also want to give a shout-out to the Is Bitcoin conference on
• 7:44
  the face of the planet Bitcoin 2023.
• 7:47
  It's going to be hosted in sunny sunny, Miami Beach, Florida, May
• 7:52
  18th through the 20th 2023. You're not going to want to miss
• 7:55
  it and of course we have a very special promo for you guys.
• 7:58
  You could use promo code simply to get 10% off your tickets.
• 8:02
  Let's go through some of the speaker list, mad Odell, Lynn
• 8:05
  Alden, Stacy Herbert, Alex clouds, team Jack mahler's,
• 8:08
  Michael sailor, Arthur, Hays, Michael, Michael Lewis, and
• 8:11
  many, many more You don't want to miss this Bitcoin celebration
• 8:15
  promo code simply at the time of recording the Bitcoin price is
• 8:19
  20 7575 SATs per dollar 360 300-600. 27 block height 780
• 8:27
  1683 reachable Bitcoin nodes sixteen thousand nine hundred
• 8:31
  and two blocks the having 58 their 1317 having estimate.
• 8:37
  April 21st, 2024 total lightning network capacity 5400.
• 8:42
  You Bitcoin capacity value, 149 million.
• 8:45
  U.s. dollars, realize monetary inflation Bitcoin continues, to
• 8:49
  take Fiat currencies to Absolute School, 1.76 percent and the
• 8:53
  market capitalization of Bitcoin 532 billion dollars in the grand
• 8:58
  scheme of things. Bitcoin is still a baby.
• 9:01
  I thought it would be appropriate to read a passage
• 9:05
  that Odell retweeted. And I think it's very indicative
• 9:09
  of the times. And if my memory serves me,
• 9:12
  Really, I'm pretty certain that this passage comes from the
• 9:15
  book, The sovereign individual, which I highly recommend for any
• 9:19
  for anyone who's listening sovereign.
• 9:22
  Individual makes the case that information technology, right?
• 9:26
  What I call the great disintermediation, right?
• 9:29
  Is going to basically make politics in the long term
• 9:34
  irrelevant, and it's also going to fundamentally change the
• 9:38
  relationship between individual and government, right?
• 9:42
  Um, and I think that we are all, you know, some people call it,
• 9:45
  the fourth, turning, whatever Theory you would like to
• 9:47
  believe, but we could definitely see the cracks in the seams,
• 9:51
  right. Some people use the word the,
• 9:54
  the description clown world to describe it.
• 9:57
  And I would say that clown world is a symptom of the money.
• 10:04
  The more they Prince, the more, the money gets disconnected from
• 10:07
  reality, right? The money was connected to
• 10:10
  reality for a long time. As the US was on the gold
• 10:13
  standard, right? So, you know, theoretically,
• 10:17
  every dollar was backed by, you know, a certain amount of gold a
• 10:20
  certain, you know, weight in gold right since that's been
• 10:24
  disconnected. I think, you know, the more and
• 10:27
  more in the more and more that more and more they print money,
• 10:30
  right? Not to mention the economic
• 10:32
  effects. I think I think it's poison to
• 10:35
  people's minds, if they decide if they if they have this idea
• 10:38
  that money could just be printed out of thin air.
• 10:41
  And I think there's Deep psychological effects of that.
• 10:43
  And the reason that I'm saying this is because I know how much
• 10:48
  my life has changed since I've adopted a Bitcoin standard and
• 10:52
  I've had plenty of conversations with many other people and they
• 10:55
  tell me very, very similar things, right?
• 10:58
  They adopt a Bitcoin standard and all of a sudden they start
• 11:00
  caring about their health. They start caring about things
• 11:03
  that they normally wouldn't. You know, care about and think
• 11:06
  about it, money plays an essential role and any human
• 11:09
  beings life. It's half of every Transaction.
• 11:13
  So it would make sense that a money that is fundamentally
• 11:17
  disconnected from reality has negative consequences on that
• 11:22
  person's life. Now, if you contrast that with
• 11:24
  Bitcoin, right you have a money that is angered to Reality by
• 11:29
  proof of work, right? What are the effects of that,
• 11:33
  right? And it's not a coincidence that
• 11:35
  a lot of you know, after two minutes so I could use the curse
• 11:39
  word. Now, it's not a coincidence that
• 11:40
  a lot of the shit coiners. Whose money is not based on good
• 11:45
  principles show or act, a lot of the ACT.
• 11:51
  A lot of the acts that a lot of people under Fiat Standard Act.
• 11:56
  We always say shit, coins are Fiat times, 100 right.
• 12:00
  Bitcoin. Is the unique thing here anyway,
• 12:03
  so I'm going to read this packet passage by Odell took a
• 12:08
  screenshot of the sovereign individual goes on to say with
• 12:11
  the speed of change. Change out racing, the more own
• 12:14
  economic capacity of many, and living generations to adapt.
• 12:17
  You can expect to see a Fierce and Indigent resistance to the
• 12:21
  information revolution. Notwithstanding its great
• 12:24
  promise to liberate the future. You must understand and prepare
• 12:27
  for such unpleasantness, a transition crisis, lies ahead,
• 12:31
  the new information and communication Technologies are
• 12:34
  more subversive of the modern State than any political threat
• 12:37
  to its predominant since Columbus.
• 12:39
  Sailed this is important because those in power have Selden
• 12:42
  reacted peacefully to developments that undermine
• 12:45
  their Authority, there are not likely to, now the clash between
• 12:49
  the new and the old will shape the early years of the New
• 12:51
  Millennium. We expect it to be a time of
• 12:54
  great danger, and great reward. In a time of much diminished
• 12:58
  ability, in some Realms, and unprecedented scope and others.
• 13:02
  Excuse me, increasingly autonomous, individuals and
• 13:06
  bankrupt desperate. Government will confront one
• 13:09
  another across a New Divide. We expect To see a radical
• 13:13
  reconstruction of the nature of sovereignty and the virtual
• 13:16
  death of politics before the transition is over, instead of
• 13:19
  State, domination and control of resources, your neck, your now,
• 13:24
  you are destined to see the privatization of almost all
• 13:27
  services. Governments, now, provide for
• 13:29
  inescapable reasons that we explore at length.
• 13:31
  In this book information, technology will destroy the
• 13:35
  capacity of the state to charge more for its services that are
• 13:38
  worth to the people who pay for that.
• 13:40
  And now I read this passage. And I think of El Salvador,
• 13:44
  right? The economy Max Keiser tweeted a
• 13:49
  screenshot of the economist. And in that screenshot, The
• 13:53
  Economist said, El Salvador or nine buchelli, has lowered the
• 13:57
  crime rate and El Salvador. Therefore, that is a threat to
• 14:01
  democracy, you know, and reading that packet passage you
• 14:06
  understand where they're coming from, right?
• 14:08
  It was never about lowering the, the, the crime rate it Was never
• 14:12
  about improving the country for them.
• 14:15
  It was always about power, right?
• 14:17
  So I think you'll continue to see this.
• 14:19
  I think the statement about bankrupt desperate government's,
• 14:22
  I think we are seeing this. What happens when people wake up
• 14:27
  to the scam that is Fiat money, right?
• 14:31
  We are definitely going into tumultuous times, but I know
• 14:34
  that I'm safe, my family safe, because we own Bitcoin, and that
• 14:38
  Bitcoin is the self custody. And that's the recommendation I
• 14:41
  have for you. Anyways Opti.
• 14:43
  What are your thoughts on that passage?
• 14:45
  And then we'll put press it on to Brian.
• 14:47
  Well, me and a few of our friends have, you know, leaned
• 14:51
  in and created the meme of Bitcoins n and it's because
• 14:55
  we've all felt the same psychological change of holding
• 14:58
  Bitcoin for your future and what that actually does for not only
• 15:02
  your yourself. But, you know, the ripples that
• 15:04
  that go on in your behavior and everything around you and what
• 15:08
  we're seeing play out today is reality smacking, the Fiat world
• 15:11
  in the face like This is becoming more obvious than ever
• 15:14
  and you can't run away from reality forever.
• 15:17
  And this is why we always say that Bitcoin is true that
• 15:20
  Bitcoin is Hope because things will snap back to reality and
• 15:23
  there will be a reckoning for the Fiat world and I'm just glad
• 15:27
  that I am a bit corner. Like hence, why bitcoiners are
• 15:29
  so paranoid but also are so hopeful is because we know
• 15:33
  what's on the horizon, they can't kick the can down the road
• 15:36
  forever, there will be this, you know, snap back down to reality.
• 15:40
  Back to the base layer. And as a Bitcoin, ER we are just
• 15:44
  in for the great transition. We are in for the ride of our
• 15:47
  lives. And this is the great
• 15:49
  opportunity. We've been presented with the
• 15:51
  fact that you're here. Today means to me that you
• 15:54
  understand something that most people in the world don't
• 15:56
  understand. And this is how not only we can
• 16:01
  improve our lives but also you know, I hate to use the dirty p
• 16:04
  word but how we can profit off, this crazy stuff that is
• 16:06
  happening. Like your future self will be
• 16:09
  very happy that you are here today that you put in the work.
• 16:12
  That you are saving in Bitcoin. And I mean it's something that
• 16:15
  we talked about on time Niko you know it's upon us as individuals
• 16:18
  to change the world by changing ourselves and our World Views
• 16:21
  and our behaviors and adopt to the world as it is and not as we
• 16:25
  want it to be or how it was in the past.
• 16:27
  But as it truly is and Bitcoin, is that future and we know this
• 16:31
  to be true since we are bitcoiners since we show up
• 16:34
  every single day we put in the work Bitcoin is that digital
• 16:37
  money for the digital world? So again we say to every single
• 16:40
  day take your buck In the South custody, provide value, save and
• 16:44
  Bitcoin. And then just spread the message
• 16:47
  out there. And part of spreading that
• 16:48
  message is just being a good human and being a shining
• 16:51
  example of being a Bitcoin ER living a good life and in
• 16:56
  probably one of the most uncertain and pessimistic
• 16:58
  pessimistic nihilistic moments that we can be facing as you
• 17:02
  know people in this digital world in the future being a
• 17:06
  Bitcoin. ER is how you spread that
• 17:08
  message just because we are hopeful and things are looking
• 17:11
  crazy. I don't know.
• 17:12
  About you guys. But if you've been following the
• 17:14
  news, the last couple of couple of days the last week most of
• 17:18
  the talking heads in the Fiat system are either gaslighting
• 17:21
  you and completely unawares going on or they are shitting
• 17:24
  breaks in the background because they they know that things are
• 17:28
  blowing up and so they're doing anything in their power do just
• 17:31
  continue to keep the status quo but hey, you know, this is why
• 17:35
  we have Bitcoin. This was why Bitcoin was
• 17:37
  created. If we are on the verge of
• 17:39
  another financial crisis, at least we have Bitcoin.
• 17:42
  And it's like hard not to be hopeful right now.
• 17:45
  It's hard to not to like unplugged from The Matrix and be
• 17:47
  like hey whatever. Let me just do what I can let me
• 17:50
  take care of myself and my family and just see where the
• 17:54
  ashes lie at the end of this. And we're all the rubble is
• 17:57
  because I have Bitcoin in cold storage and really you know
• 18:01
  while it does affect me I'm going to be pretty good.
• 18:04
  You know, I will ride the roller coaster and I will be fine.
• 18:09
  So, hey, I hope the feel World figures it out because it is
• 18:12
  looking very crazy out there. Give me to Nico.
• 18:17
  You're muted, you're muted. Anyway.
• 18:19
  Sorry, I was trying to meet my cough anyways.
• 18:22
  Brian, what are your thoughts on?
• 18:23
  What's going on bro? Well geez I amen.
• 18:26
  Hallelujah stamp it, double it. I second that Opti, that's
• 18:30
  amazing. I mean, usually in a room of my
• 18:33
  friends, I get to be the optimistic one.
• 18:35
  So I kind of feel like a lightweight here, but but good
• 18:38
  Lord man. So, yeah, I mean, there's when
• 18:42
  you read the sovereign individual, it's like a, it's
• 18:44
  like a prophecy of Bitcoin. I mean, it's kind of a It was
• 18:47
  like, exactly I think 10 years before Bitcoin was invented that
• 18:51
  the sovereign individual is written something like that, but
• 18:54
  it feels like it's describing Bitcoin, perfectly or you you
• 18:57
  look back at other people, like Milton Friedman, the way he
• 19:00
  described money or a perfect currency.
• 19:03
  It's almost like he's describing Bitcoin again.
• 19:05
  He's describing that back in the 90s but there's this wonderful
• 19:08
  quote. And I think it's so Apple
• 19:11
  applicable prefer today because I think it's bitcoiners were
• 19:15
  accused. I think the other day you Elon
• 19:17
  Musk tweeted out. He said, he said, it seems like
• 19:20
  people on Twitter are just rooting for the world, the fail.
• 19:23
  And I think that's, that's like a, such a myopic view of what
• 19:27
  bitcoiners are doing. So, the way the quote goes, it
• 19:30
  says, the guy with the parachute doesn't want the plane to crash,
• 19:35
  but he's prepared in case it does.
• 19:37
  And so, that's, that's all we're doing is bitcoiners were
• 19:40
  prepared. We've been prepared for the for
• 19:42
  the plane to crash. We don't want the plane crash.
• 19:44
  We want as many people to grab parachutes before the play.
• 19:47
  Crashes. As as possible, but the onus of
• 19:52
  what we have is bitcoiners is this tremendous hope?
• 19:56
  None of this is surprising to us, right?
• 19:58
  I don't think anybody in this room, anybody in this chat?
• 20:01
  On this show right now, is surprised by what's happening in
• 20:06
  the world. We've seen this, this is a
• 20:07
  consequence of fiat currency, this is a consequence of
• 20:11
  centrally planned government. It's like having a hole in a
• 20:15
  boat and water. Otters filling up.
• 20:18
  And, you know, they emptied they took some buckets and threw some
• 20:21
  water overboard and said, I think we fixed it and then water
• 20:24
  keeps going up. You know, five minutes later.
• 20:26
  The the levels are even higher and then they throw some more
• 20:28
  water out. I think we fixed it.
• 20:30
  That's what's been happening for generations and we're getting to
• 20:33
  this critical point where Fiat currencies only have a certain
• 20:38
  amount of life. I mean the the u.s. dollars been
• 20:41
  off the gold standard for over 50 years, 48 years is like the
• 20:46
  high end. Of the lifecycle of Fiat.
• 20:48
  Currencies Fiat currencies typically exist from 12 to 48
• 20:51
  years. We're 50 51 years, video, 52
• 20:55
  years now into the Fiat, like pure Fiat experiment with US
• 21:00
  dollar. So yeah, I mean, none of this is
• 21:03
  expected. And so when you have a fix for,
• 21:06
  when you have something that's, it's a Lifeline for other
• 21:08
  people. There's a lot to celebrate, it's
• 21:11
  not weird and by no means celebrating the world lapsing
• 21:14
  were by no means celebrating the pain.
• 21:16
  But We are celebrating. Is that?
• 21:18
  Hey there's a fix. This is the transition.
• 21:20
  What we all recognize is, this is the transition to the fair
• 21:23
  and balanced system that we all want.
• 21:26
  The people that don't even know they want this yet are going to
• 21:29
  want this. And, you know, want, you know,
• 21:31
  whether they're forced to adopt it or whether we can help them
• 21:35
  pleasantly adopted in a very positive way ahead of the curve.
• 21:39
  Either way, we know that that makes for a better world and so
• 21:42
  yeah, there's a lot to be optimistic about in these dark
• 21:45
  times and System that we're advocating for its, you know,
• 21:49
  it's equally beneficial right? Like fine, you know, someone
• 21:52
  might have more Bitcoin than you, right?
• 21:55
  But at the same time, you're still getting the same benefits,
• 21:59
  right? And I think their system,
• 22:02
  they're advocating for a system where that's not true right
• 22:05
  there. You know, there's there's a
• 22:06
  class that benefits and there's a class that, you know, kind of
• 22:09
  gets hold, you know, kind of gets screwed, right?
• 22:12
  So we're advocating for a totally different system and,
• 22:16
  and there's something I Want to focus on emphasize on especially
• 22:19
  when we're going to talk about what we're going to talk about
• 22:21
  during the new segment. Anyways, everybody, let's let's
• 22:24
  get to it. We have a lot to talk about.
• 22:26
  Let's check it out. The Daily News brought to you by
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• 23:03
  custody of your Bitcoin. Proxy of a global systemically
• 23:09
  important Banks would have caused irreparable economic
• 23:12
  turmoil in Switzerland, and throughout the world.
• 23:16
  For this reason, Switzerland had to take the responsibilities
• 23:20
  Beyond its own borders. These efforts have paid off.
• 23:25
  The federal council is convinced that UBS takeover of credit
• 23:29
  service has laid the foundations for greater stability, both in
• 23:34
  Switzerland and Ali is done peeing.
• 23:38
  Why does it keep happening? It's like why does this keep
• 23:42
  happening? Anyways, let's check out the
• 23:46
  Reuters article. Switzerland wakes up wakes to
• 23:49
  New Era after historic Bank merger employees shocked, so
• 23:53
  it's Linda will and again, it's up.
• 23:55
  You know, it's another bank consolidating with another bank,
• 23:59
  right? It's like it's just nuts.
• 24:01
  Anyways and then this lead to And announcement.
• 24:07
  I believe this played a major role in Announcement by.
• 24:10
  It wasn't just the FED. I might add, it was a bunch of
• 24:15
  bang, a bunch of the central bank's all around the world.
• 24:20
  Several major Banks announced coordinated action, to increase
• 24:23
  US dollar liquidity provision in the global market through swap
• 24:27
  lines. So is that US Federal Reserve,
• 24:29
  the Bank of Canada Bank of England's, Bank of Japan, Swiss
• 24:33
  National Bank and the European Central Bank, right?
• 24:36
  Right. So then why is this happening?
• 24:39
  Well, you know, fed is raising rates right in the hopes of, you
• 24:44
  know, cooling down inflation. Making it more expensive to
• 24:47
  borrow money and we're always saying, something's going to
• 24:50
  break well, things are breaking, right?
• 24:52
  You had SV B. Now, you have a major Bank being
• 24:57
  bought by another bank, what's next, right?
• 25:00
  But in the, you know, in the background of all this chaos,
• 25:04
  right? All I remember is that, you
• 25:06
  know, the Two people fighting and then the guy like hitting
• 25:09
  the bong in the background and it's like those are bitcoiners.
• 25:12
  And then those are the central Bankers fighting in the front.
• 25:14
  That that's what. That's what it reminds me of
• 25:16
  dude, you know. It's it's peace of mind, right?
• 25:21
  Anyways, a bank employee associate Association said he
• 25:25
  was deeply shocked by the potential consequences from the
• 25:27
  deal to save the hundred sixty seven-year-old Credit.
• 25:30
  Suisse after customer and Market confidence in the lender,
• 25:33
  evaporated in the package, orchestrated by Swiss.
• 25:36
  Regulators on Sunday, UBS will pay 3 billion Swiss Francs for
• 25:41
  Credit Suisse and assume up to five point four billion in
• 25:44
  losses headquarter just a few minutes.
• 25:47
  Walk away from each other. Not far from Lake Zurich and the
• 25:50
  center of the city, which snow-capped mountains on the
• 25:52
  horizon. The two lenders have been
• 25:55
  pillars of global Finance for decades, the banks to of the
• 25:58
  most systematic systemically relevant and Global Finance.
• 26:01
  Hold combined assets of up to 140 percent of the Swiss GDP.
• 26:06
  According to the central bank in a country heavily dependent on
• 26:09
  finance for its economy Bank exposure.
• 26:13
  The banking sector in Switzerland plays an outsized
• 26:15
  role in the economy, compared to other major countries Bank
• 26:19
  assets are more than five hundred percent of annual GDP.
• 26:23
  The swing at the Swiss Bank employees Association, the
• 26:27
  statement told Reuters, demanded that UBS keep job cuts to an
• 26:30
  absolute minimum quote, the jobs of many employees are at stake,
• 26:35
  the statements underscored the sense of unease and Switzerland
• 26:38
  with its reputation as a Global Financial Centre on the line.
• 26:43
  Anyways, anyways, so let's move on to the announcement by the
• 26:48
  fed and this came out on the weekend as well.
• 26:52
  On Sunday, goes on to say coordinated Central Bank action,
• 26:56
  to enhance the provision of US dollar liquidity, the Bank of
• 27:00
  Canada, the bank of England, the bank of Japan, the ECB, the
• 27:04
  Federal Reserve, and the Swiss National Bank are today
• 27:07
  announcing a coordinated action to enhance the provision of
• 27:10
  liquidity via the standing US dollar liquidity, swap line
• 27:13
  arrangements to improve the swamp lines of the swap lines.
• 27:17
  Effectiveness in providing US dollar funding.
• 27:21
  The central bank's currently offering US dollar operations,
• 27:24
  have agreed to increase the frequency of 7-Day maturity
• 27:28
  operations from weekly to daily. These daily operations will
• 27:31
  commence on Monday March 20th, 2023 and will continue at least
• 27:36
  through the end of April. The network of swap lines.
• 27:39
  Among these central banks is a set of available standing
• 27:42
  facilities and serve as an important liquidity backstop to
• 27:46
  East trains and Global funding markets.
• 27:48
  Okay, what does that mean? They're turning on the money
• 27:51
  printers baby. Anyways, moving on to the
• 27:55
  balance sheet, right? So, you know, this is why we're
• 27:59
  all here, you know, 2008 transfer in the second bailout
• 28:03
  for banks that's really when the QE experiment started happening
• 28:06
  and ever since then right, look at this.
• 28:08
  It looks like the Bitcoin price honestly.
• 28:10
  Right. You know the whole the all the
• 28:12
  previous Peaks are dwarfed by the new ones.
• 28:16
  This is just crazy, right? This started 2008, you know, and
• 28:20
  you Tell they tried to taper down during the Trump
• 28:23
  Administration that caused the famous or repo market crash
• 28:27
  crisis, they had to turn around and then the pandemic hit and
• 28:30
  then they turned on the money printers again and then they,
• 28:32
  you know, and then what happened was inflation, went to crazy and
• 28:36
  they in the hopes of they had that they had to cool it down
• 28:39
  and, you know, they started quantitative cutie quantitative
• 28:43
  tightening, right? But as you can see, they had to
• 28:45
  reverse that lately too. If you guys could see the video
• 28:48
  version, the blip, you know, the blip goes up once again.
• 28:54
  Now, what are the consequences of this, right?
• 28:56
  The consequences of this is your being stolen from every time
• 29:01
  they print money, we've covered this many times on the show.
• 29:04
  It's a wealth redistribution mechanism from the people that
• 29:07
  owned assets, sorry. The people that do not own
• 29:10
  assets, the lower and middle class that are salary workers
• 29:13
  their paycheck to paycheck. They do not have the means to
• 29:17
  save and assets to put their money in the stock market.
• 29:20
  Or put their money in real estate, therefore, you know,
• 29:24
  their purchasing power decreases.
• 29:27
  While the purchasing power of people that do have, the means
• 29:29
  to save an asset the very wealthy and also to wealth
• 29:32
  redistribution mechanism, back to the government as well,
• 29:35
  right? The government does not collect
• 29:37
  enough tax revenue to to, you know, to fulfills expenses,
• 29:43
  right? They have to deficit spend every
• 29:45
  single year. It's about 21 trillion dollars.
• 29:48
  How do they get away with that? They get away with that with the
• 29:49
  money printer. All right, this is the medium
• 29:52
  sales price of houses sold in the United States, right?
• 29:57
  It's literally a thing up, right?
• 30:00
  So if you are, you know, around 25, 30, 35, and you're looking
• 30:04
  for your first home, The money printing does have a consequence
• 30:09
  your priced out of it has a direct effect on your life,
• 30:13
  right? And I have to remind everybody
• 30:15
  like, this is why we're here. Like this is the peaceful
• 30:17
  Revolution. Like this is, this is what we're
• 30:20
  protesting. But the protest all it requires,
• 30:24
  is it requires a vote of no confidence and that vote of no
• 30:27
  confidence, is you buying Bitcoin earning Bitcoin, mining
• 30:31
  Bitcoin and taking that said Bitcoin into self custody.
• 30:34
  That's your vote. You heard it in the very
• 30:37
  beginning when I read you that that quote from the sovereign
• 30:40
  individual, you actually want to effectuate real change.
• 30:44
  It's not about voting. It's about defunding their
• 30:48
  system, their system that has not helped you.
• 30:52
  It has helped assert as certain group of people, but it has not
• 30:56
  helped everybody since the 1970s salaries have been relatively
• 31:01
  flat, We've all heard this many many times, the rich get richer,
• 31:05
  and the poor get poorer. It's not because the capitalism
• 31:08
  is not the economic system, that's broken, it's the money
• 31:11
  that's broken. The money is stealing from
• 31:13
  everybody, but this is why we're here.
• 31:15
  This is why we always say fix the money, fix the world.
• 31:18
  Bitcoin really does fix this. I said to me it really does fix
• 31:22
  this in this particular situation.
• 31:24
  This is about taking back control of your financial
• 31:28
  sovereignty taking it back into your hands.
• 31:31
  If not you're going to have to deal.
• 31:32
  The madness. I don't think that this is the
• 31:35
  end like II don't in, you know, in my entire life.
• 31:39
  I've never seen the most powerful Central bank's all
• 31:43
  around the world coordinate and say, hey, everything's gonna be
• 31:46
  fine. We're going to turn on the money
• 31:48
  printers again. Greg Faust says it all the time,
• 31:51
  right? It's math.
• 31:52
  QE2 Infinity, they can't stop printing.
• 31:56
  But if they continue to print, that means real estate, prices
• 31:59
  are more expensive. That means your life becomes
• 32:01
  more expensive. While you salary stays
• 32:04
  relatively the same. Is that fair to you right?
• 32:09
  And this is what Bitcoins about the coin saying I don't want
• 32:12
  that system. It's not fair to me, it's not
• 32:15
  fair to my family. I'm going to take the power back
• 32:18
  into my own, my own hands. I'm going to opt out.
• 32:21
  I don't want to participate in that.
• 32:23
  I'm on that tip. I have a feeling opt, he's on
• 32:25
  that tape. Opti are you on that tip, bro?
• 32:28
  Yes, sir. What about you Brian?
• 32:30
  Are you on that tip? I'm on that tip.
• 32:32
  I don't know what that means, but I think I get what you're
• 32:35
  saying. I'm on that tip.
• 32:38
  We're on that tip. Anyways, I want to pull up this.
• 32:43
  I want to pull up this. Tweet thread by Arthur.
• 32:46
  Hays is the founder and was a CEO of Big Macs and he explains
• 32:52
  swap lines. What's going on TL DR. Another
• 32:55
  way to bail out, non US banks, that isn't obvious to the
• 32:59
  average person, right? It's politically toxic for the
• 33:03
  FED to be seen bailing out foreign Banks when so many small
• 33:07
  domestic Banks. Need help.
• 33:08
  But the FED can't have foreign Banks dumping treasuries into an
• 33:12
  illiquid market. And further effing shit up
• 33:15
  solution fed gives dollar swap lines to Major central banks.
• 33:19
  Like the ECB ECB allows European Banks to give them treasuries at
• 33:23
  par ICI. Be gives dollars to the Banks
• 33:25
  Banks. Can now handle any dollar
• 33:27
  deposit, outflows European Central bank's.
• 33:30
  Gets the dollar from the fed using the swamp line result.
• 33:34
  No, treasuries are actually sold Any profit and loss is borne by
• 33:38
  the Central Bank who can stomach it.
• 33:40
  Who can stomach infinite? Losses dollar swap line,
• 33:43
  balances balloon which will reflect on the fed's balance
• 33:46
  sheet for point four trillion, amount of Treasury and MBS US
• 33:53
  Banks. Hold a dollar x amount of
• 33:55
  Treasury and MBS foreign Banks. Hold, I don't know, the number.
• 33:58
  I'm sure some analysts will tell us long-term all treasuries held
• 34:02
  in the entire developed. Country banking system can now
• 34:05
  be Lent. Again, step our money printer
• 34:08
  Gober man. Did Satoshi.
• 34:12
  No, bro, did Satoshi know, it's and ocean Satoshi called it, but
• 34:18
  the good news is like, I've been saying this is why we're here.
• 34:21
  This is what the peaceful Revolution is all about.
• 34:24
  Wow, the crazy clown World Central Banking kansian, you
• 34:28
  know, and all the other nice things that I could describe it
• 34:31
  as is breaking down around us as bitcoiners or just And on the
• 34:36
  sidelines eating popcorn. Anyways Opti what are your
• 34:40
  thoughts? And then we'll pass it on to
• 34:41
  Brian? Yeah, great great summary there.
• 34:45
  Nico. And you actually reminded me of
• 34:46
  this tweet that I saw this morning.
• 34:48
  So I wanted to pull it up because it kind of goes into
• 34:50
  what Brian was saying as well. So for those in the audio, this
• 34:54
  is a tweet. I never seen this account
• 34:57
  before, but this is tank Terminator on Twitter.
• 34:58
  It goes, doesn't matter. If it's modern day America or
• 35:01
  the Roman Empire, when the state decided to dilute the money, it
• 35:03
  all ends. The same below is one chart of
• 35:06
  how much Money. The u.s. is printed and the
• 35:08
  other, an inverted chart of the declining silver content in the
• 35:11
  remaining in the Roman Denarius and his see said history Rhymes
• 35:15
  and Nico brought up this chart. And you can see, you know how
• 35:18
  much they've inflated the dollar at the fed and then if you go
• 35:21
  over here looking at the inverted, what was it?
• 35:26
  The declining silver content, inverted chart and for those
• 35:30
  audio listeners it looks literally almost identical.
• 35:33
  Again, you know, history doesn't repeat but it Rhymes and it As
• 35:36
  me of this tweet that I saw over the weekend, basically saying,
• 35:40
  you know, we are seeing the decline of the Roman Empire but
• 35:44
  we have Bitcoin. Like I really, I really do feel
• 35:47
  like this is kind of where we are.
• 35:48
  If you really do zoom out and you see what's going on in
• 35:51
  society, you see all the societal, you know, crisis,
• 35:54
  although decline in society, it really does feel like we are
• 35:57
  seeing, you know, the Roman Empire declined, but we have
• 36:00
  Bitcoin and this is the Silver Lining here.
• 36:03
  And I really do like that Reuters article.
• 36:06
  Headline, you know, the, the Swiss woke up in a new era
• 36:10
  because I actually do feel like we are saying the same thing,
• 36:15
  except for obviously, they're looking at it in a different way
• 36:18
  because they realize that their financial system isn't as as
• 36:21
  safe as they thought it was. And I think this might be one of
• 36:25
  those defining moments where the world.
• 36:27
  Well, you know, you know as humans we like to have like
• 36:29
  clean cuts from the old world to the new world and this might be
• 36:33
  one of those where we're like, hey look, we've been telling you
• 36:36
  This for a long time, and this is why we Bitcoin.
• 36:39
  So maybe this is one of those moments where we are waking up
• 36:43
  to a new era collectively as a society.
• 36:45
  It's just that they don't understand that that new era is
• 36:48
  going to be on bitcoin. So, you know, it's almost as if
• 36:52
  the FED broke the fake, the banking system this last year
• 36:55
  and we are just still in the middle of this and everyone's
• 36:57
  like chickens with their heads cut off and further, like I
• 37:01
  really thought we lived in a capitalist Society but you know,
• 37:04
  hey, I'm just a naive Bitcoin. R and as we continuously see
• 37:08
  whether it was an OE or now in 2023, privatized gains and
• 37:13
  socialize losses, and if you don't understand, you are paying
• 37:17
  the bill here, average peasant, you know, average pleb out
• 37:20
  there. That's the normal person.
• 37:22
  Like the bank's, just got bigger and bigger, consolidating the
• 37:25
  counterparty risk and passing on the damage to the average
• 37:28
  person. And it's almost like they knew
• 37:31
  that this would happen again and again, so we say it every single
• 37:35
  day, basically, the powers Be do not care about you.
• 37:38
  Like, please wake up. You need to figure out for
• 37:41
  yourself. What is the best way to move?
• 37:44
  Forward? Your money isn't yours when it
• 37:46
  goes into the bank. Like I hope you understand what
• 37:50
  you are really risking when you give Banks your money and this
• 37:54
  is why we are bitcoiners, this is why we continuously tell you
• 37:57
  to take your value your wealth into self custody because you
• 38:01
  cannot trust these Banks. They are doing absolutely
• 38:05
  greedy. Ad things that you would never
• 38:07
  do with your savings. And then you pay the bill.
• 38:11
  Like this is absolute clown world and truthfully.
• 38:14
  If I wasn't a Bitcoin or not, and I wasn't watching all this
• 38:17
  happen in slow motion, like I would be, I would be appalled, I
• 38:21
  would, I would like it would be such a big catastrophe that I
• 38:24
  probably wouldn't believe it either, but I'm a bit Corner.
• 38:28
  I've been seeing this happen for a long time.
• 38:30
  We've been talking about this for what a decade-and-a-half
• 38:33
  that this would happen and here we are and people are still Just
• 38:37
  oblivious to what's going on. So, again, I think this is just
• 38:40
  further proof to the asymmetric knowledge that bitcoiners have
• 38:44
  and then understanding like, man, we are really ahead of the
• 38:47
  curve, you know, buckle up. It's going to be a crazy decade
• 38:51
  and your life is going to get better because we were right and
• 38:54
  you know it's just beautiful it's just a beautiful thing to
• 38:56
  be a part of a men dude. Amen to that.
• 39:00
  But yeah dude look they look if you are a millennial like if you
• 39:04
  are under the age of 35, I've he won't own anything like you.
• 39:10
  This is this makes life on affordable for you.
• 39:14
  Right? And this is this, you know,
• 39:16
  Falls it. Unfortunately, it falls to, you
• 39:19
  know, it falls down to those people, right?
• 39:22
  Like, what are we going to do about it?
• 39:23
  Like, what, like, what, what are our options here are option is
• 39:27
  okay. You know what, you can keep your
• 39:29
  system. I'm going to opt out and if you
• 39:32
  want to know like how over the target, we are like how much it
• 39:36
  Freaks them out that we can opt out.
• 39:38
  Look, at their reactions towards Bitcoin.
• 39:41
  It tells you everything, it tells you that they need you
• 39:45
  there, they need you using a system.
• 39:47
  They need to using a money that steals from you and enough is
• 39:51
  enough. Anyways Brian, what's your take?
• 39:52
  And then we'll get to the culture.
• 39:54
  Yeah man there proof of stake Ponzi scheme.
• 39:57
  Like it literally literally needs participants it.
• 39:59
  Like that's like the people are the fuel and their system.
• 40:02
  And so when we extract the fuel what happens is, like the their
• 40:06
  Fire goes out, man. It's going to be it's going to
• 40:08
  be beautiful. And we take that away in the
• 40:10
  comments that the old-school Millennial sum this up
• 40:14
  perfectly. He said the Fiat Ponzi is
• 40:16
  transitory so what a beautiful statement, old-school
• 40:20
  Millennial. But yeah, I mean all the time
• 40:23
  like this is what I love about what's happening right now is
• 40:27
  the fact that people are seeing front and center in real time.
• 40:30
  Anybody to taking the time to understand, the situation is
• 40:33
  finally realizing that the system is rigged.
• 40:36
  That's the really powerful thing about this moment.
• 40:39
  The downside is a lot of people still aren't paying attention.
• 40:42
  They will just read the headlines and they won't fully,
• 40:44
  you know, they won't go below that inch deep.
• 40:47
  I wrote a book called Bitcoin evangelism, and like, I go
• 40:51
  through things like this. I think it's really important
• 40:53
  for us to take our friends aside when these things are happening.
• 40:55
  And when they ask his questions about oh I heard about these
• 40:58
  bank bailouts, what's going on? I heard this was a crypto bank
• 41:00
  that got bailed out that must be really hard for Bitcoin right
• 41:03
  now, we get those kind of texts and calls from the, the
• 41:06
  uninitiated She ated and I think it's best to just bring it back
• 41:09
  to these simple things and so like I was saying in my book, I
• 41:11
  go through these, you know like what are different simple ways
• 41:15
  to help articulate how the system is rigged against us?
• 41:18
  So for example, one of the things is like if you're poor
• 41:22
  you are literally prohibited by the government from certain
• 41:26
  investment types, right? If you're not an incredible
• 41:28
  accredited investor, think you cannot.
• 41:32
  It is illegal for you to invest in the next unicorn that's going
• 41:35
  to potentially Generate wealth in the stock market or any you
• 41:38
  know certain real estate deals and you're actually prohibited
• 41:41
  from investing which is the tried and true method of
• 41:46
  Building Wealth in this country or any country on the world are
• 41:49
  in the world. So if you cannot build wealth.
• 41:53
  What's the other the other option for you?
• 41:55
  Well, the government, they sponsor and run, organized
• 41:58
  gambling. You're more than welcome to
• 42:00
  participate in a lottery that's run by the state and they're
• 42:03
  going to advertise it to you. And if you Read any of the
• 42:06
  statistics about lotteries or or state organized gambling like
• 42:11
  you know, bingos and things like that.
• 42:13
  It's predominantly participated in by the lowest 5%.
• 42:17
  In terms of socioeconomic status is overwhelmingly.
• 42:22
  Targeted to the poorest amongst us who are also simultaneously
• 42:25
  disallowed from investing in lucrative Investments.
• 42:30
  So you're not allowed to do the thing that actually generates
• 42:33
  wealth. You are allowed to do the thing
• 42:34
  that has tried and You destroyed wealth.
• 42:38
  If that's not like black-and-white enough for
• 42:40
  people, then I don't know what it is.
• 42:41
  So I think it's really good to take examples like that because
• 42:44
  people that don't understand bank bailouts and bonds and, you
• 42:47
  know, international finance and things like that.
• 42:49
  Some of this stuff might be lost on them, but when you just break
• 42:52
  it down, like yeah, there's actually systemic and you will
• 42:56
  use this look like what sounds like liberal terminology
• 42:58
  systemic oppression of people through the financial system.
• 43:02
  I think that helps illuminate, some of what's going on right
• 43:06
  now. Like your government is not on
• 43:07
  your side, the powers that be are not on your side.
• 43:10
  And so the best thing we can do is opted into a system where
• 43:14
  just remove removes human bias. I think people want they
• 43:18
  gravitate towards centralized power because they think, well,
• 43:22
  I'm going to trust in the good. You know, the good the altruism
• 43:25
  of other people. Well, we know that as humans
• 43:28
  were fundamentally flawed like I don't care how much I like Opti
• 43:31
  or Nico or whoever, like I consider myself a pretty good
• 43:35
  guy. If you put your trust in me, I'm
• 43:37
  gonna mess up at least 10% of the time.
• 43:39
  A system doesn't work with somebody that messes up. 10% of
• 43:42
  the time what we need to do is we need to trust in algorithmic
• 43:46
  Perfection because then it essentially removes that need
• 43:49
  for trust. And so yeah, we can't trust and
• 43:52
  altruism we can only trust and other people's self-interest and
• 43:55
  that's why Bitcoin works so perfectly.
• 43:57
  Because from mining to to actually, like using of the
• 44:02
  currency, All You Can Count On All.
• 44:04
  You have to rely on is that at the other party is going to do
• 44:07
  what's in their best interest and buy them doing that.
• 44:10
  It actually benefits you as well, that sounds like a much
• 44:13
  better system. Beautiful.
• 44:14
  And you hit the nail on the head.
• 44:16
  The incentives are aligned, right?
• 44:17
  And like, it doesn't matter, you know, if I consider myself a
• 44:21
  good person, Brian, you know, you know, I consider yourself a
• 44:24
  cue a good person. I consider Opti a good person,
• 44:27
  but bro, could you imagine if you had the power of the money
• 44:30
  printer, you would think that, you know, you were printing for
• 44:34
  good without even Realizing what the unintended consequences are
• 44:38
  of that, right? We need a system where we
• 44:41
  separate the monetary policy completely out of the hands of
• 44:44
  human beings. We take it away.
• 44:46
  Rip it from their hands and that's what Bitcoin is right.
• 44:49
  And look at this is story oldest time and I'm really glad that
• 44:52
  you brought up the the the Roman example Opti, right?
• 44:56
  Every civilization it starts you know back to 121 by gold, right?
• 45:00
  And then over time they start cutting Corners right over time,
• 45:04
  right? And then before, you know, it
• 45:06
  Fifty years later, you are in the position that we are in
• 45:08
  today, right? So, this is what it's about.
• 45:11
  We have to break that cycle in. The only thing that's capable of
• 45:14
  breaking that cycle is Bitcoin. Anyways, everybody, we are
• 45:17
  talking about, you know, a lot of the benefits and how, you
• 45:20
  know, how do you, how do you save yourself from from all this
• 45:23
  stuff? We have to take self custody and
• 45:25
  you don't want to take self custody on paper because paper
• 45:27
  can be set on fire. Could break, you want to take
• 45:30
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• 45:57
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• 45:58
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• 47:01
  And of course, if you have any questions, peace, please.
• 47:04
  Feel free to send me a DM on Twitter.
• 47:07
  Opti. What do we have today, bro?
• 47:09
  All right guys, so as you can tell we have Brian here from
• 47:12
  orange pill app and this has been jokingly called.
• 47:16
  And I told Brian before this that I was going to drop it just
• 47:18
  just for the comedic relief jokingly called the Tinder for
• 47:22
  bitcoiners. But I absolutely love this.
• 47:24
  This idea I actually have this thread here that I'll get to in
• 47:27
  a minute that Joe Nakamoto put out an It really it really like
• 47:31
  made me feel like, okay, I need to download this app.
• 47:34
  I've been on the why are we bullish with Mateo?
• 47:36
  And again we were laughing about the jokes that everyone makes
• 47:40
  about about the orange pill out but I like what you guys are
• 47:43
  doing because I am a huge huge proponent of the same idea.
• 47:47
  I actually like but your tagline right here stack friends who
• 47:50
  Stacks ads that's actually a Kathy one for me but this one
• 47:53
  joined the social layer of Bitcoin.
• 47:55
  I say consistently the same idea and now we have this app and
• 47:59
  it's this idea of You need to surround yourself with
• 48:01
  bitcoiners, you know, not only just to have a good time with
• 48:05
  your Bitcoin friends but also if shit pops off, who else do you
• 48:09
  want around you? People that.
• 48:10
  Don't get what's going on or bitcoiners anyways.
• 48:12
  Brian, how about we talk about your app and then we'll go into
• 48:15
  a little little deeper on what you guys are trying to do and
• 48:18
  what your hopes are. Beautiful, man.
• 48:19
  Thank you for the Tia. Yeah, I know.
• 48:21
  So actually I watched that episode when you were on.
• 48:24
  Why are we bullish with Mateo? And you said some really, really
• 48:28
  inspirational thing. I've actually used it.
• 48:30
  On another podcast that I've been on.
• 48:32
  You said at the Epic close, like you're closing remark.
• 48:34
  It's just funny because your optimism kind of just like
• 48:36
  bleeds over and so you might not even remember but you said that
• 48:41
  hyper Bitcoin ization can happen today.
• 48:43
  It's just it's a it's a it's a matter of us making a decision
• 48:46
  to do it or not, right. If we all say I'm on the Bitcoin
• 48:49
  standard as of today then boom like hyper.
• 48:52
  Bitcoin is a shit happens. So I think that the lag to that,
• 48:56
  why that hasn't happened yet is because there hasn't been Enough
• 49:00
  suitable tools, right? People are building Merchant
• 49:04
  adoption protocols. You know, the easy things to
• 49:06
  integrate with people's POS, there's no strikes going to get
• 49:09
  into Walmart and do all those crazy things.
• 49:11
  But there needs to be this, the social layer of Bitcoin, right?
• 49:14
  If I, if I have Bitcoin and I want to buy beef, aside from
• 49:20
  dming, somebody on Twitter that might be interested in seeing a
• 49:23
  selling their beef for like Bitcoin.
• 49:25
  You don't know, but if you have a social network that plugs you
• 49:29
  into, People that have a common shit and shared set of values,
• 49:34
  then you cut through the noise. And so, that's really what
• 49:37
  orange pop is done. We have an app.
• 49:39
  It's literally, the only social network that's 100% bitcoiners.
• 49:44
  There's there's no altcoins on there.
• 49:46
  There's no, there's no scammers. There's no spammers people.
• 49:48
  Ask all the time. Like, how do you make sure that
• 49:50
  there's no scammers are spammers on there?
• 49:51
  Like, try out the app, you're going to be shocked that your
• 49:54
  inbox is filled with DMS from people that are genuinely
• 49:58
  interested in want to talk to you about Bitcoin.
• 50:00
  And there's literally, there's no beautiful Asian women asking
• 50:03
  how your crypto trading is going.
• 50:05
  And maybe that's disappointing for some people.
• 50:08
  Maybe they have the high hopes for what that's all about, but
• 50:11
  but the reason why is because it's a paid app.
• 50:14
  It's not a huge pay wall, it's a couple bucks a month but what
• 50:18
  that does is that ensures that you're only dealing with real
• 50:21
  people. And so we have it, you can pay
• 50:23
  in SAS, you can, you know, you can do that as well.
• 50:26
  But when you have a pay wall now that wasn't my idea.
• 50:30
  When I when I when I joined the app Mateo and already had this
• 50:33
  thing going this is all Mateos vision and it's a beautiful
• 50:37
  thing. I think that there's going to be
• 50:39
  business books written about orange pill up not because of my
• 50:42
  doing but because of like the vision that Mateo had for this
• 50:45
  thing because that might sound a little crazy but you don't start
• 50:50
  a social network with the pay wall.
• 50:52
  Like normally when you start a social network, you're trying to
• 50:54
  get gain as many users as possible because you care about
• 50:58
  those metrics. So you can go to He's and get
• 51:00
  investments in your company. The problem is you get quantity
• 51:05
  but you don't get quality orange.
• 51:07
  Bill app is literally done the inverse.
• 51:08
  They said we're going to start with a pay wall and we don't
• 51:11
  care about the the quantity we're going to go for quality
• 51:15
  and guess what we focused on quality at the beginning and the
• 51:18
  user base. The quantity is exploding right
• 51:20
  now. We had a hundred and fifty seven
• 51:22
  percent growth. Since the beginning of the year,
• 51:24
  there's new plebs coming on every single day.
• 51:26
  And so, it's really exciting because people were literally
• 51:29
  able All to make connections with real bitcoiners in real
• 51:34
  life. So we've all been to
• 51:35
  conferences, we've made connections online.
• 51:37
  We have this kind of online, social network through.
• 51:42
  You can do that through Twitter, you can do that through YouTube,
• 51:44
  you can do it through all sorts of spaces.
• 51:46
  And that is a really critical part of Bitcoin, but one of the
• 51:49
  things that is underdeveloped in Bitcoin is the in Real Life
• 51:53
  Connections. So few bitcoiners have in Real
• 51:56
  Life Connections. You know, we try to talk to our
• 51:59
  friends about it. Maybe they don't care.
• 52:01
  We try to talk to our significant other.
• 52:02
  I'm blessed. I have a wife that's like,
• 52:04
  really into Bitcoin, but for a long time, she was very annoyed
• 52:07
  by it and so like she would entertain me talking about it
• 52:10
  for a little bit but after a certain point I'd have to find
• 52:12
  other people to talk to it about and so if you're if your spouse,
• 52:16
  if your significant other is just sick of you talking about
• 52:18
  Bitcoin, you can you can literally go on the app find
• 52:22
  five or six plebs in your area. Sometimes depends where you
• 52:25
  live. Sometimes you might find 40 or
• 52:26
  50 plebs in your area. You should go meet up for
• 52:29
  coffee. Go grab a beer.
• 52:30
  Here. And you want to talk about
• 52:31
  Bitcoin for four hours, you will find somebody that will sit down
• 52:35
  and we'll talk about the sovereign individual.
• 52:37
  They'll talk about the the Bitcoin social layer there.
• 52:40
  Talk about, you know, Bitcoin adoption.
• 52:41
  Whatever you want to talk about, you will find those people
• 52:44
  through the app. It's a really, really cool tool
• 52:46
  for bitcoiners. Absolutely love it, bro.
• 52:50
  This is a something that I say all the time and I'm glad you
• 52:54
  brought up that quote because I didn't actually create that one.
• 52:57
  I took that from my friend Alex from Kaboom racks but I really
• 53:00
  do believe that hyper Bitcoin ization is.
• 53:03
  It's kind of like a state of mind.
• 53:05
  I know we are all waiting for like the mythical you know the
• 53:07
  whole world on bitcoin but I think we need to remember like
• 53:10
  not even the whole world on the internet right now on the
• 53:12
  internet already taken over the world and so you know, Bitcoin
• 53:15
  doesn't have to hit every, you know, square inch up.
• 53:19
  And Earth for us to succeed at what we're doing.
• 53:21
  It's about you guys creating these Connections in real life.
• 53:24
  And Brian, I love how you said that, because I think that is
• 53:28
  some of the most important signal that we can be giving
• 53:30
  people is like, you no longer have to be the sole crazy
• 53:34
  Bitcoin, or in your neighborhood, you can connect
• 53:36
  with other bitcoiners, build friend, build relationships, and
• 53:39
  communities right now. And we have the tools for this.
• 53:43
  Like I'm not even on the orange pill app.
• 53:44
  Yeah, but now I'm like, yo, I feel like I have to do this or
• 53:48
  else I'm LARPing. On this.
• 53:49
  So I will have to do this soon and then also, like I said, I
• 53:53
  have this thread right here from Joe Nakamoto and it's a really
• 53:59
  good thread. Go check it out on his Twitter
• 54:02
  but Brian this leads me to my next question.
• 54:05
  What are, what are some other like, good stories that you've
• 54:07
  heard come out of the orange pill up like what's kind of
• 54:10
  these these, you know, tails that we like to call winning the
• 54:13
  hearts and minds of the masses out there.
• 54:15
  So it's been like good connections that you heard of
• 54:18
  ice. You know, Joe's surfing a great
• 54:20
  wave over here that he never surfed before.
• 54:22
  Like, I just think this is cool. As you know, human, we are
• 54:26
  social and connecting with other bitcoiners, especially if you
• 54:29
  are the crazy Bitcoin ER in your area like it really, it really
• 54:33
  brings some kind of, I don't know, like mental Clarity or
• 54:37
  like, I don't know. Like men told Zen where you're
• 54:39
  just like, all right? I'm not alone, I'm not crazy
• 54:42
  person on the internet, there's more crazy people like me around
• 54:45
  here and the signal is spreading, right?
• 54:47
  Well, we saw that At what was covid?
• 54:49
  Covid-19 has social experiment for isolation.
• 54:53
  What's the fix to that is, is actual like Zoom wasn't enough,
• 54:57
  right? Zoom wasn't enough to keep
• 54:59
  Society going to keep people from being depressed, you need
• 55:02
  to be there where you can look somebody in the eye and have an
• 55:06
  actual interaction with them. There's, there's something
• 55:08
  different, there's something other, There's Something Magic
• 55:10
  about that. But yeah, that that post that
• 55:13
  you share with Joe from Joe, Joe Nakamoto.
• 55:15
  The other guy in that picture is Kent.
• 55:18
  Albert and who's the CEO are c.o.o. of such as mining there
• 55:22
  like a renewable, mining hosting service.
• 55:25
  And so that mean it's bitcoiners from two completely different
• 55:28
  walks of life. You have this, like Nomad and
• 55:30
  Joe Nakamoto. And then you have this executive
• 55:33
  from this company that yeah, they're just like out Surf and
• 55:36
  having a great time met through the app and and have this shared
• 55:39
  experience. Now, one of the other really
• 55:41
  cool experiences that we have, I'm not going to say the guys
• 55:44
  name because I want people to go into the app and you know find
• 55:47
  them if you can But there's an NBA player.
• 55:50
  It's on orange pill app, huge Bitcoin, or by the way.
• 55:53
  And what he does is he, every game every home game, he goes,
• 55:57
  and he finds somebody in his town, and he just invites them
• 56:00
  to court side. He has courtside seats for them
• 56:03
  and their spouse or their friend, he'll give them a plus
• 56:05
  one and then after the game they can come on the court.
• 56:08
  Shoot some hoops, take some pictures.
• 56:10
  And then have this experience that they would have literally
• 56:14
  never had if they weren't on orange pill app and so that's
• 56:17
  that's what's happening when we Next bitcoiners, there's there's
• 56:20
  all sorts of really influential bitcoiners, there's all sorts
• 56:23
  of. There's there's multiple
• 56:24
  professional athletes, there's all sorts of you know trade
• 56:27
  professionals. People are like lawyers and all
• 56:29
  sorts of different walks of life on this app, people are meeting
• 56:33
  and having meaningful connections, whether it's an
• 56:35
  adventure right? Like going to like going to an
• 56:38
  NBA game, whether it's going surfing with somebody that you
• 56:40
  would have never met otherwise or whether it's we've had people
• 56:43
  that again, have met their lawyer and it's Solve IT resolve
• 56:47
  the legal problem. That was hanging over their head
• 56:50
  because they want to do business with Bitcoin lawyers.
• 56:54
  Right? Like like lawyers can sometimes
• 56:57
  be a part of the old system, right?
• 56:59
  So to find a Bitcoin lawyers like this really special thing,
• 57:02
  one of the unintended consequences that we've seen in
• 57:05
  the app though. We assumed it was going to be
• 57:07
  all like really seasoned bitcoiners.
• 57:10
  They were going to be willing to pay a couple bucks a month for a
• 57:13
  nap even though it's not a huge pay wall.
• 57:15
  We just figured like Pete to pay anything but we're finding
• 57:18
  people people that are newly initiated like baby bitcoiners
• 57:21
  that are maybe six months into their journey and they're using
• 57:24
  the app too. Make connections and like take
• 57:29
  people out to lunch and just ask questions about Bitcoin and like
• 57:32
  further their orange pilling journey through actual.
• 57:36
  It's almost like an apprenticeship that people are
• 57:39
  doing and they're tagging along. So it's not only making social
• 57:43
  Connections in Bitcoin. It's actually deepening the
• 57:46
  understanding for the existing Bitcoin population as well.
• 57:49
  And as you know I mean you guys benefit from this by being in by
• 57:52
  having a show every single day. When you talk about Bitcoin when
• 57:55
  you're explaining Bitcoin to somebody, Else and actually
• 57:58
  helps, you write it actually benefits your own knowledge
• 58:01
  because in order to explain something you have to know it.
• 58:04
  You know, much much more profoundly than if you were just
• 58:06
  kind of. Like I kind of get that.
• 58:07
  So we're seeing all sorts of really unintended consequences.
• 58:10
  We're seeing, you know, good consequences.
• 58:12
  We're seeing all sorts of unintended experiences things
• 58:15
  that we would have never seen. We've had people, you made the
• 58:19
  joke that it's a, you know, a dating app.
• 58:21
  We've had plenty of people that have found dates or it yet as
• 58:23
  you're scrolling over that. Right now we haven't had the
• 58:26
  first Pull up wedding, though. We're talking about we're
• 58:29
  setting a fund aside so that we can sponsor the first orange
• 58:32
  pole app wedding. So that hasn't happened yet, but
• 58:35
  we would love to participate in that in any way possible.
• 58:38
  I will get my I will get ordained and perform the wedding
• 58:41
  if anybody wants me to love it. Love all the positive there is
• 58:47
  people in the chat though, and I don't want to put you on the
• 58:49
  spot, but they're asking. How does orange pole at protect
• 58:52
  users from being catfished? Or, you know, any other physical
• 58:55
  threats? Is this something that you guys
• 58:58
  are concerned about? Because obviously, as I have
• 59:00
  here, you know, bitcoiners are very, very hyper focus on their
• 59:03
  privacy and their safety. So I don't know, our audience is
• 59:07
  asking this and then we can move on.
• 59:09
  And then was actually, before we, before we move on, I want to
• 59:12
  point out one thing, but answer this question.
• 59:14
  Brian, at least alleviate their fears out there and I always
• 59:19
  make the joke that that's kind of.
• 59:21
  If you've asked that question, you've passed the test and we
• 59:23
  want you on the app, even more, it means that you're much more
• 59:26
  High. Signal.
• 59:27
  That's every single one of the people on the, on the orange
• 59:29
  pill app team, it was concerned about that we're bitcoiners
• 59:33
  through and through pure bitcoiners and so privacy is
• 59:35
  like we have this conundrum, right?
• 59:38
  We want bitcoiners to be able to connect in real life but we also
• 59:41
  want to maintain privacy. So how do we do that?
• 59:43
  I think we found the perfect solution.
• 59:45
  What we use is it's a nonspecific geolocation so
• 59:48
  because we're not door, dashing to you, because we're not coming
• 59:51
  and picking you up with an Uber. We don't need to know exactly
• 59:54
  where you are. Actually, in fact, we don't know
• 59:56
  where you are. Our it uses a 10-mile radius and
• 59:59
  to some people, maybe that doesn't sound like a lot.
• 1:00:01
  And so, the thought experiment, I like to share with people is
• 1:00:04
  walk out in front of your house right now and look in a 10-mile
• 1:00:08
  radius. If I told you there's a pot of
• 1:00:10
  gold somewhere in that, ten mile radius and you have two weeks to
• 1:00:15
  find it. You won't find it like a 10-mile
• 1:00:18
  radius is absolutely huge. You can't pinpoint something in
• 1:00:22
  a ten-mile radius. And so that's, that's a
• 1:00:24
  sufficient level. Mmm.
• 1:00:27
  Of, you know, of, I don't know what you'd call it, but it's a
• 1:00:31
  sufficient level of hiding for any individual user.
• 1:00:34
  And if you want to turn that off, you can turn that off in
• 1:00:37
  your settings. So if you don't even want to
• 1:00:38
  have that location setting on, by all means, you can turn it
• 1:00:41
  off. And you can still find people,
• 1:00:43
  you can still look up because we have a search function, so you
• 1:00:46
  could still search for people in your city if you wanted to as
• 1:00:49
  well. So you don't have to use this
• 1:00:50
  like, you know, approximate location.
• 1:00:52
  Now, as far as like, meeting up with people.
• 1:00:55
  I would just recommend people, like, there's always gonna be a
• 1:00:59
  level of, you know, discernment that you need to use with that,
• 1:01:03
  right? Like when you're don't, just go
• 1:01:05
  meet up with any random person, like, have a conversation with
• 1:01:08
  them beforehand. Maybe jump on a call with them
• 1:01:10
  beforehand, but use all of the common sense that you would use.
• 1:01:14
  If you're going to meet somebody, for example, on a
• 1:01:17
  dating app. Now our culture is pretty
• 1:01:20
  well-versed to dating apps and so this is just part of it.
• 1:01:24
  Like people are Going to meet, but yeah, just put in your
• 1:01:28
  profile. Hey, I have a multisig wallet.
• 1:01:31
  So don't even bother robbing me, you know, love it.
• 1:01:35
  Hold on. Before we go on Nika.
• 1:01:36
  I know we're running a little little long, guys.
• 1:01:38
  If you check out the strad by Joe, there's a cool video of
• 1:01:42
  Mateo buying him. What a martini.
• 1:01:45
  Just threw the phone, and I just thought that was absolutely
• 1:01:48
  awesome. Using the lightning Network
• 1:01:50
  through, like, a zoom call to pay for a beer like that, that
• 1:01:54
  little moment was one of those Moments where I was like holy
• 1:01:56
  shit like this is actually. I guess I just never thought of
• 1:02:00
  that and I was like well you can't do that with normal money
• 1:02:02
  like you can't do that with the normal payment system.
• 1:02:04
  So like shout out the gel, shout out to my tail.
• 1:02:07
  Shout out to Brian and the whole orange pill app team.
• 1:02:10
  The last thing I can say on that is just we don't ask for any
• 1:02:14
  private information. You can be as Anonymous on the
• 1:02:17
  app as you want. You can use you can use a
• 1:02:19
  made-up email address. You can use a fake name, you can
• 1:02:22
  use a fake picture if you want. Obviously, at some point, if
• 1:02:26
  you're going to be meeting people, I, you, you would be,
• 1:02:28
  you know, revealing yourself to them, but that's as much as you
• 1:02:31
  feel comfortable with you don't have to give anything to the
• 1:02:33
  app. So we want to maintain privacy
• 1:02:36
  as much as the user wants to maintain privacy and we give you
• 1:02:39
  all the tools to do that. So I just want to make that
• 1:02:41
  clear because that is a high priority.
• 1:02:43
  That's actually part of the DNA of orange pill app is, is
• 1:02:47
  creating social connections but also maintaining the Bitcoin
• 1:02:50
  ethos. Yeah, and I can't emphasize the
• 1:02:53
  importance of you know. Knowing other bitcoiners because
• 1:02:57
  the reality is that most people haven't changed their operating
• 1:03:00
  system. And because they haven't changed
• 1:03:02
  their operating system, it's hard to communicate with them
• 1:03:05
  like it because they're operating on that.
• 1:03:07
  Literally, their, their look, their perspective.
• 1:03:09
  On the world is totally different to yours and you're
• 1:03:12
  not alone and it's not just Bitcoins Witter.
• 1:03:14
  Like, there are people out there, you know, this is where
• 1:03:17
  Bitcoin meetups play a great role, the orange pill lap, this
• 1:03:20
  great tool, you know, to connect with other bitcoiners in your
• 1:03:24
  area and look Look, we say this many times, right?
• 1:03:26
  As ngu technology. Does its thing, right?
• 1:03:29
  The most powerful and influential people in the world
• 1:03:32
  in, you know, 15 to 20 years will be bitcoiners, right?
• 1:03:36
  So, you know, build up that Network, you know, whether it's
• 1:03:40
  people that, you know, are making their own tools and
• 1:03:43
  whatnot, you know, connect with those people and I think this is
• 1:03:46
  a great tool to do just that. Anyways everybody, let's get to
• 1:03:49
  the mean review. Socks of me is going to be a
• 1:03:52
  top-tier gonna do like an hour fifteen show today.
• 1:03:54
  Let's do it, bro. The daily meme review brought to
• 1:04:01
  you by Kaboom racks. I get this question all the
• 1:04:04
  time. Nico.
• 1:04:04
  Where should I buy Bitcoin? Miners to answer is Kaboom
• 1:04:07
  racks. It's the best place to buy
• 1:04:09
  Bitcoin miners. That's where you're going to
• 1:04:11
  find the best deals and the best prices start.
• 1:04:14
  Your mining Utopia today to check out their racks.
• 1:04:17
  You got to go to T dot me, slash Kaboom racks.
• 1:04:20
  Join their telegram group and start your mining Journey today.
• 1:04:24
  Kaboom racks. Well, guys, you already know the
• 1:04:28
  meme tweet to the bullets memes are the artillery.
• 1:04:31
  We are in an information War out there.
• 1:04:33
  So continue to get the truth out there continued to spread that
• 1:04:36
  Bitcoin signal and Nico just had to run.
• 1:04:38
  But to nicko's point since my spaces is still not working, we
• 1:04:42
  are running a little over today to give you guys your fill of
• 1:04:45
  Simply Bitcoin. So here we are.
• 1:04:48
  But of course guys, I say to every day and I'll repeat
• 1:04:50
  myself, this isn't information War guys.
• 1:04:53
  And the importance of spreading that signal Being a solid
• 1:04:57
  community of people that you trust.
• 1:04:59
  Like, I know, Bitcoin, minimizes trust, but there will always be
• 1:05:02
  a certain amount of trust in your neighbors and your Society.
• 1:05:06
  This is this is part of being human and The Human Experience,
• 1:05:09
  but make sure you are spreading the signal.
• 1:05:12
  And by that have the conversations with your friends
• 1:05:15
  and family, make the meme spread it on not only Twitter but on
• 1:05:18
  your other social media apps that I'm sure you still have
• 1:05:22
  because hey as much as we are completely isolated.
• 1:05:26
  Isolated on on Twitter, I'm sure you some of you guys still have
• 1:05:29
  friends and family out there that you can send means to in
• 1:05:32
  your in your groups group, chats with your families and stuff.
• 1:05:36
  Anyways, anyways, okay, first meme is by at resistance money,
• 1:05:40
  AKA Andrew and Bailey on Twitter and, you know, sometimes the
• 1:05:44
  memes just write themselves guys, and you don't even need to
• 1:05:47
  make the meme. You just kind of put a
• 1:05:48
  screenshot next to another screenshot.
• 1:05:51
  And this is where we're starting with today's meme review.
• 1:05:53
  So, we have a headline here and it goes credit We CL Bitcoin the
• 1:05:58
  very definition of a bubble, November 2nd 2017.
• 1:06:02
  And if you've been following Along by any means and you don't
• 1:06:06
  have your head in the sand, then you'd understand what happened
• 1:06:09
  over the weekend. Bankshares slide as credit
• 1:06:11
  squeeze, rescue fails to quell contagion fears.
• 1:06:14
  Hmm, it's almost like the banking system is the real
• 1:06:18
  bubble and Bitcoin is just a pain but hey I might be speaking
• 1:06:21
  and memes for you guys and so I made some, I got some more memes
• 1:06:25
  here, and this one's a shouts. Out to all our gen Z Zoomers out
• 1:06:28
  there because this one's pretty much written in your guys's
• 1:06:32
  phrasing. Anyway, this is the mic Hobart.
• 1:06:34
  He dropped an awesome article for us.
• 1:06:36
  One of our newest Riders Bitcoin has power over the weekend and
• 1:06:39
  we got is Charlie Munger no Warren Buffett with you know
• 1:06:44
  like a gen Z haircut on top of it.
• 1:06:47
  And he goes banks are not busting right now.
• 1:06:49
  Famine debit Suisse acting kind of suss.
• 1:06:53
  I thought that was hilarious. Gen Z Zoomer speak.
• 1:06:56
  Anyway, This next one is by the BTC therapist.
• 1:07:00
  And it goes after a weekend of Cold Storage hashtag Bitcoin.
• 1:07:04
  We got the very famous Elvis Meme here and it goes going to
• 1:07:08
  work. Monday morning, we have the US
• 1:07:09
  dollar in the background. We got the bankers in the
• 1:07:12
  background. We got the Federal Reserve,
• 1:07:13
  everyone's freaking out and then bitcoiners and Bitcoin just
• 1:07:17
  walking out with a big smile. It's almost like we're right and
• 1:07:22
  we have the solution to the world's problems and there's
• 1:07:24
  nothing to worry about if your Bitcoin Is in Cold Storage.
• 1:07:27
  This next one is by at Bitcoin underscore editor and someone
• 1:07:31
  says with Blasphemous, if it is, forgive me, forgive me, we have
• 1:07:38
  Jesus with laser eyes and it's got the Bitcoin logo on them and
• 1:07:42
  we got someone drowning in the flood and it goes, Lord, I'm
• 1:07:45
  drowning and it's got on top of it, the actual Financial system.
• 1:07:49
  And then Jesus with laser has goes nice to meet you drowning
• 1:07:52
  because Bitcoin is not going to save you unless you have opted
• 1:07:56
  out of the And this and we got Bitcoin enters quote, right
• 1:07:58
  here. The flood is coming, save
• 1:07:59
  yourself Stacks at stake Bitcoin into Cold Storage.
• 1:08:02
  This is the way and you can watch the fireworks and eat
• 1:08:05
  popcorn and this next one is by my friend at Jimbo coin and it
• 1:08:09
  just goes hashtag Bitcoin. And this is the class of the New
• 1:08:14
  Classic. The instant classic from The
• 1:08:16
  Joker. And we got Robert De Niro here
• 1:08:19
  and goes the dollars, imploding. And you think this is funny and
• 1:08:21
  we have the Bitcoin logo on top of the Joker.
• 1:08:23
  And he goes, I do and I'm tired of pretending.
• 1:08:26
  Um it's not it's almost like we told you so I hate to do the,
• 1:08:30
  the classic Bitcoin, you know, dancing on the graves of people
• 1:08:33
  getting hurt. But hey, we've been telling you
• 1:08:35
  and there's still hope for you if you have an open mind and you
• 1:08:38
  wake up to the madness. Anyways, this next meme is by
• 1:08:41
  world of Rusty and he goes spot, the bitcoiners popcorn.
• 1:08:45
  Hold your own money. Hashtag Bitcoin.
• 1:08:48
  And we have a bank, imploding, and we have people doing a bank
• 1:08:51
  run, on the bank outside protesting freaking out, wanting
• 1:08:55
  their money. And then it's kind of a where's
• 1:08:57
  Waldo. Can you find the bitcoiners, can
• 1:09:00
  you find the bitcoiners? Yes, I found them.
• 1:09:03
  We got the classic due to hitting the bong, watching the
• 1:09:06
  fight blow up, and we have the other one of them eating the
• 1:09:09
  popcorn. This is what I mean by.
• 1:09:12
  When I say, if you have your a substantial amount of your net
• 1:09:17
  worth in Bitcoin, then you don't have to worry about not having
• 1:09:21
  your money in the bank because you are your own bank and you
• 1:09:23
  have taken your Bitcoin into self custody using Bitcoin
• 1:09:26
  wallets that I say every single day whether it's called card
• 1:09:29
  seed, sign or Jade blue wallet, brunoise green wallet Breeze,
• 1:09:33
  Moon. Zeus, I'm missing some today
• 1:09:37
  Spector Sparrow Bitcoin core. All of the tools that we
• 1:09:41
  continuously tell you on the show and this next one, I know
• 1:09:45
  I'm doubling down on being the cliche, big Corner, mentioning
• 1:09:48
  the big, the big short, but I really like this screenshot that
• 1:09:52
  georgg put on his Twitter with the quote, from the big Or
• 1:09:57
  because this is where we are right now.
• 1:09:59
  What we saw over the weekend happened again and it's almost
• 1:10:03
  like history doesn't repeat, but it Rhymes and, you know, the
• 1:10:08
  bad, the, the financial system get bailed out again.
• 1:10:11
  And the quote is from The Big Short, they knew they knew the
• 1:10:15
  taxpayers would bail them out. They weren't being stupid, they
• 1:10:18
  just didn't care and we have Steve Carell at the end of The
• 1:10:21
  Big Short acknowledging. What is going on in the world?
• 1:10:24
  And it really does feel like we are in the Same scenario right
• 1:10:27
  now is they gambled with your money and they knew that they
• 1:10:31
  were going to be safe and that they could basically have
• 1:10:35
  privatized gains and socialize losses.
• 1:10:38
  So again, you know, they knew they knew the taxpayers would
• 1:10:41
  bail them out. They weren't being stupid, they
• 1:10:44
  were just being overly greedy and they didn't care.
• 1:10:47
  And this is what happens when the Fiat incentives.
• 1:10:49
  Are this horrible. And this is why as bitcoiners,
• 1:10:53
  The Bitcoin incentive stay winning.
• 1:10:55
  Anyways guys, Drop Your Meme, review score in the chat as we
• 1:10:59
  cover hours and we will read them live.
• 1:11:03
  Anyways. My meme review score for today
• 1:11:06
  is layered money by Nick Bhatia. A great book, highly recommend
• 1:11:10
  you guys read it, easy read. It might explain to you what is
• 1:11:13
  happening currently in the financial system.
• 1:11:16
  If you have read it you know and if you haven't well highly
• 1:11:18
  recommend you go read it anyways.
• 1:11:20
  Brian what is your mean review school?
• 1:11:22
  I read. So The whole for the whole
• 1:11:25
  thing, you made the comment about Jesus and whether that was
• 1:11:27
  Blasphemous, I'm a Christian. And so I am going to approve
• 1:11:30
  this message, it is not Blasphemous.
• 1:11:32
  Jesus does not like Central bankers and he loves everybody
• 1:11:36
  but he doesn't love how they Central Bank and plus look at.
• 1:11:39
  Look at the Bible. The one time that Jesus gets
• 1:11:41
  pissed off and like throws people out of somewhere is when
• 1:11:43
  it the money changes or taking advantage of people.
• 1:11:45
  So you better believe he would let that fool drown right there.
• 1:11:48
  He would he would pray for wisdom for their soul but he
• 1:11:51
  would let them drown. So I give it, I give it.
• 1:11:53
  It to oh wow. That's a great score 2 ohms for
• 1:12:01
  Bitcoins then if you know you know.
• 1:12:03
  All right guys as you drop your meme of your score on the chat.
• 1:12:07
  I'm going to shout out our sponsor represent, I wear it
• 1:12:11
  every single day. I literally where the dad hat,
• 1:12:14
  everywhere I go hoping that people will ask me about it.
• 1:12:17
  I think only one person has ever double tuck on the hat.
• 1:12:20
  But anyways, go to represent LTD.com use the promo code
• 1:12:23
  simply Point, I'm wearing the peaceful Revolution, orange pill
• 1:12:27
  shirt because we have Brian damn it from the orange pill app, so,
• 1:12:33
  you know, double entendre on today's show but let's get into
• 1:12:37
  these mean review. Hopefully, I don't rug pulled
• 1:12:39
  the meme scores because the last time I did this alone, oops,
• 1:12:41
  wrong one. Last time I did this alone.
• 1:12:43
  Apparently, I rug rug pulled on the scores, but let we go.
• 1:12:47
  We got some okay, we got some okay.
• 1:12:50
  All right, let's go first one we got from Alan Lowell.
• 1:12:53
  Elaine sorry. Sorry, forgive me.
• 1:12:56
  I give those memes the end of central banks and the beginning
• 1:12:59
  of the beautiful Bitcoin World. Absolutely love it.
• 1:13:02
  Okay, let me see, hold on. Can I see this okay.
• 1:13:05
  All right so Brian this, I did a double booking.
• 1:13:08
  We're going to bring our friend on today so we have a few people
• 1:13:12
  that are trolling me but anyways it's got opt he's intentionally
• 1:13:15
  cut up socks, you got to score wine Army kidnapping off the
• 1:13:19
  after catfishing him in the orange pill at the M's and
• 1:13:22
  ransoming him until Nico agrees. One hour, not-safe-for-work me
• 1:13:25
  review, didn't agree to this. Didn't agree that.
• 1:13:28
  All right, local taxes, he goes mean, score equals three stars.
• 1:13:32
  Dang, I better be three out of three stars, bro.
• 1:13:35
  Sheesh, okay, mr. Robot says six out of ten.
• 1:13:38
  Well, throwback we got a numbers.
• 1:13:40
  Okay. All right.
• 1:13:41
  Hey well I'll do better next time Roba.
• 1:13:44
  Okay. Bitcoin Becca.
• 1:13:45
  I give these memes one kick down the Bitcoin Rabbit Hole.
• 1:13:48
  Let's go. Okay, let's see.
• 1:13:51
  We got Jackal 1370 Gibbs. I give those means my monthly
• 1:13:55
  stack from the fold-out. Okay, let's go.
• 1:13:58
  All right, let's see one more Igor.
• 1:14:02
  I give those memes, Nico and Opti staring at Cheech and Chong
• 1:14:05
  and a fear and loathing movie surfing in order of magnitude.
• 1:14:08
  Okay, I actually really enjoyed that one.
• 1:14:11
  There's a that's like my childhood in one meme.
• 1:14:13
  Okay, this next one Bitcoin for Canadians.
• 1:14:15
  I give those memes is scored for the money charger.
• 1:14:18
  Let's go. Okay, we'll go with last one
• 1:14:23
  ran. Sorry, guys, I give them simply
• 1:14:25
  love, really appreciate it. Really appreciate it.
• 1:14:28
  Okay, well, Brian really appreciate you coming on.
• 1:14:32
  I hope you had a good time. Where can people find you?
• 1:14:34
  What are you working on or maybe?
• 1:14:36
  Hey, I don't know if you can give some sneak peeks.
• 1:14:38
  What is orange pill out working on it?
• 1:14:39
  Yeah. So by the end of March were only
• 1:14:43
  11 days from the end of March. Our events page is going to be
• 1:14:45
  dropping, so you're gonna be able to go find local Bitcoin
• 1:14:48
  events. Now, this is like the first
• 1:14:50
  version of it. So right now you're going to be
• 1:14:51
  able to search events, but your soon you're gonna be able to
• 1:14:53
  Create events, post events. If you like, for me, I love the
• 1:14:57
  train Brazilian jiu-jitsu. You better believe.
• 1:14:59
  I'm going to have some Saturday morning, Southern California,
• 1:15:03
  come and train, Brazilian jiu-jitsu with bitcoiners
• 1:15:05
  sessions. I mean, like, people are going
• 1:15:07
  to be able to find any sort of event around their passion, you
• 1:15:10
  can find conferences. So that events page is going to
• 1:15:12
  be a huge tool for bitcoiners because most people just don't
• 1:15:16
  know that there's something going on, they don't know,
• 1:15:18
  there's a meet-up in their area, they don't know because you
• 1:15:20
  know, you can go to different resources, to find these
• 1:15:23
  different things. There's going to be an
• 1:15:24
  aggregation of all of the events that are going to be happening
• 1:15:27
  in Bitcoin in your area or of course you can search outside of
• 1:15:30
  your area to. But the thing that I'm most
• 1:15:32
  excited about, we're going to have this done by summer time is
• 1:15:34
  going to be our orange Pages. The orange pages is we're going
• 1:15:37
  to be able to find Bitcoin Merchants that accept Bitcoin
• 1:15:40
  near you. And so you want to talk about
• 1:15:42
  hyper victimization. This is one of the things where
• 1:15:44
  I'm most excited about is like the marketing guy of orange pill
• 1:15:47
  app. Think about this.
• 1:15:48
  Think about like the least likely Bitcoin business say like
• 1:15:51
  a nail salon in your area. If they don't accept Bitcoin,
• 1:15:55
  think of the positive peer pressure, we're going to be able
• 1:15:57
  to go into these businesses with I'm going to be able to go into
• 1:16:00
  or you're gonna be able to go into any business and say, hey,
• 1:16:04
  I know you guys don't accept Bitcoin but look it on this app
• 1:16:06
  right here, there's 100 bitcoiners in your area.
• 1:16:09
  Guess what? If you accept Bitcoin today all
• 1:16:12
  of those hundred bitcoiners are going to come in and buy a gift
• 1:16:15
  card for their wife because for no other reason than they just
• 1:16:18
  want to support a Bitcoin business.
• 1:16:20
  So we're going to be able to orange pill people.
• 1:16:22
  They don't even then I'm going to have to fully Understand
• 1:16:24
  Bitcoin, it's just like email people, didn't fully understand
• 1:16:26
  email, you just started using it.
• 1:16:28
  We're going to be able to do that with merchants and adopting
• 1:16:30
  Bitcoin and like one of the most powerful ways possible positive
• 1:16:34
  Bitcoin social peer pressure. Let's go.
• 1:16:39
  Yeah, agreed. Agreed.
• 1:16:41
  Emphasis on the positive, social peer pressure.
• 1:16:43
  Anyways, I really appreciate it. Brian, just kick back.
• 1:16:47
  Or if you got to run by all means really appreciate you
• 1:16:51
  showing up. Let me roll this one out.
• 1:16:54
  Alright guys. Well you already know really
• 1:16:58
  appreciate you guys showing up. Of course, I know I forgot on
• 1:17:02
  Friday. But I will get the Fountain
• 1:17:05
  Valley for Value this week on Friday again.
• 1:17:08
  I'll make it double on, whatever I have to do.
• 1:17:11
  I'll even put a notification in my calendar.
• 1:17:13
  If I have to whatever works. But for you guys out there, if
• 1:17:17
  you want to hear the show and audio, only format, we are on
• 1:17:19
  anchor. We are on Spotify, we are an
• 1:17:21
  apple and, of course, we're on Fountain as the value for Value
• 1:17:24
  economy. And we really appreciate
• 1:17:26
  everyone that supports us, everyone that is continuously
• 1:17:29
  spreading the signal. Again, it's not just about
• 1:17:31
  simply Bitcoin signal and content spread all of the
• 1:17:34
  Bitcoin content because people still need to wake up to the
• 1:17:38
  fact that we have the solutions to the world's problems.
• 1:17:43
  I'm not going to get frustrated over it anyways.
• 1:17:46
  Really appreciate you guys. It is Monday.
• 1:17:48
  So we're in for a full week of giving you guys content come
• 1:17:51
  back. I'm sure we are going to drop
• 1:17:54
  all kinds of sauce actually. Tonight we have a IRL with
• 1:17:57
  Kaitlyn long. Nico is a little bit of sick but
• 1:18:00
  hey the show don't stop and we will continue to give you guys a
• 1:18:04
  signal so come back really appreciate it.
• 1:18:07
  Get on the mission of spreading the Bitcoin signal.
• 1:18:11
  Anyways peace out until tomorrow.
• 1:18:13
  We are simply Bitcoin.