Latest / Simply Bitcoin / BREAKING: BlackRock Leads a $1B Bitcoin ETF Surge | EP 1033

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BREAKING: BlackRock Leads a $1B Bitcoin ETF Surge | EP 1033 · Simply Bitcoin

• 0:02
  It's all. Going to zero against Bitcoin.
• 0:06
  It's going up forever. You're.
• 0:15
  Against Bitcoin, you're against freedom.
• 0:24
  David Bailey, BTC Inc CEO and organizer of the Bitcoin
• 0:28
  conference. David, it is good to have you
• 0:30
  back on the show. So Trump's going to be
• 0:32
  participating in the Bitcoin conference, Dave, That's July
• 0:36
  27th. How did that come about, David?
• 0:40
  Well, First off, Josh, thank you for having me back on the show.
• 0:42
  And yeah, we're thrilled to have the president speaking in, in
• 0:46
  what is going to be a historic speech on, on Bitcoin policy and
• 0:50
  his his agenda as of the new administration.
• 0:54
  We've been working with the Trump campaign for several
• 0:56
  months, advising them on different policy platform items
• 1:01
  that our industry cares about, our community cares about, and
• 1:04
  really helping lay the case for the amount of votes and the
• 1:08
  amount of dollars that our industry can deliver for the
• 1:11
  campaign. So we've been very thankful for
• 1:14
  their support. Donald Trump is a is a
• 1:16
  businessman first and foremost and he sees a good opportunity
• 1:20
  and Bitcoin is the greatest opportunity for this country.
• 1:24
  So we're we're very thankful to be partnered with him.
• 1:27
  And Dave, you know, we know there Trump wasn't always a fan
• 1:30
  of crypto. What changed there, David?
• 1:32
  Is it, is it what you suggested there?
• 1:34
  Is it just, you know, does it come down to dollars and votes?
• 1:37
  Yeah, I mean, I think. For most people, they don't
• 1:41
  start as a fan of Bitcoin. Most people when they hear about
• 1:43
  Bitcoin, they think it's a scam. That's how I got started in
• 1:46
  Bitcoin. That's how Michael Saylor got
• 1:48
  started in Bitcoin. In fact, Michael Saylor's first
• 1:50
  tweet on the topic is, you know, once the government figures this
• 1:54
  out, they're going to shut this down.
• 1:55
  So I think, you know, the biggest advocates of Bitcoin
• 1:58
  start as the biggest skeptics and then, you know, they go
• 2:01
  through a journey where they come to understand the
• 2:05
  technology better, they come to interact with it more.
• 2:07
  And eventually, what seems like a scam at first eventually kind
• 2:11
  of hits home as as fundamentally innovation that's
• 2:16
  transformative. And Dave, I, I know you're a fan
• 2:19
  of Trump and from what I've read, you're going to be hosting
• 2:21
  a fundraiser forum in Nashville. Any concern though, David, that,
• 2:25
  you know, we're sitting here in July and Trump and Vance don't
• 2:29
  win in November, that Biden does, any worries you would have
• 2:32
  that, you know, maybe you put all your eggs here in one
• 2:35
  political basket? Well, we are running a
• 2:40
  fundraiser for the president in Nashville.
• 2:41
  We want it to be a record-breaking fundraiser.
• 2:44
  So we are working around the clock.
• 2:46
  I've I've been on phone calls all day for about two weeks
• 2:48
  straight raising money for the president.
• 2:51
  So we are we are eager to show him what our industry is able to
• 2:54
  deliver and show him how much we care about this topic.
• 2:57
  You know our industry considers ourselves single issue voters,
• 3:00
  meaning that you know your policy on Bitcoin is what's
• 3:03
  going to determine how we show up into the ballot box.
• 3:06
  Yeah, I want to some of Bitcoin live the most watched daily
• 3:08
  Bitcoin live show on YouTube rumble and act sit back, relax,
• 3:11
  enjoy the ride will be your guide through the separation of
• 3:13
  money and state. Starting the cold opening with
• 3:16
  David Bailey, CEO of Bitcoin magazine in the Bitcoin
• 3:19
  conference and he was being interviewed on legacy media and
• 3:22
  they were talking about guys, we have to be real here, OK the way
• 3:27
  that politics work in the US is money, all right, The way that
• 3:32
  you get elected is money. And I love the way that David
• 3:36
  described it, which is like look, Trump's a businessman He
• 3:39
  sees an opportunity. He sees the not only the
• 3:42
  potential voter base, but the fact that our industry is
• 3:46
  accumulating so much capital, influence and power in the
• 3:50
  future. So yes, like, just like the
• 3:53
  banks today have so much influence over the politicians.
• 3:58
  To think that the Bitcoin industry in the future isn't
• 4:02
  going to have the same amount of influence, if not more over
• 4:06
  politicians is absolutely naive. So look, I think he said the
• 4:12
  quiet part out loud. I think that's important.
• 4:15
  And because that's one of the things that that's one of the
• 4:17
  the rebukes that I hear from people all the time.
• 4:19
  It's like Nico, like, how can you trust Trump?
• 4:22
  He's a politician. He's a businessman.
• 4:25
  You know, he's a con artist. I hear all the time like, dude,
• 4:28
  you don't have to trust him. Trust his incentives.
• 4:31
  You know, he wants to get reelected into office.
• 4:34
  And if the bitcoiners become a huge part of the donations, then
• 4:39
  guess what? You know, you scratch my back, I
• 4:41
  scratch yours, right? So I think that's a good thing.
• 4:44
  That's how American politics work.
• 4:46
  And you know, I would rather have our people in charge, you
• 4:50
  know, the people, the politicians in our pockets,
• 4:53
  figuratively speaking, then the politicians in the pockets of
• 4:56
  the central bankers and the pockets of the CBDC's.
• 4:59
  Like that's just kind of the reality of American politics.
• 5:02
  Also, shout out to the Bitcoin magazine crew for advising not
• 5:07
  only the Trump campaign, but also the RNC.
• 5:10
  I think that's an incredibly, incredibly bullish in terms of
• 5:15
  what the regulatory environment is going to be for Bitcoin in
• 5:18
  2025. Kind of like on the negative
• 5:21
  news as well. This isn't confirmed.
• 5:24
  This is just a rumor, but it seems like there was hints of
• 5:28
  Jamie Dimon, who's been extremely anti Bitcoin
• 5:31
  potentially being tapped as Treasury Secretary during the
• 5:36
  Trump administration. That would, you know, again,
• 5:38
  that would take a step back, but just weird because the vice
• 5:41
  president JD Vance is pro Bitcoin, Trump is pro Bitcoin.
• 5:46
  And then you put a Treasury Secretary who's anti Bitcoin
• 5:49
  kind of doesn't make sense. But this is what I mean by
• 5:52
  Bitcoin entering into the political sphere.
• 5:55
  And this is what you're going to see ladies and gentlemen, over
• 5:58
  the next 5 to 10 years as number go up does its thing.
• 6:02
  And the amount of Bitcoiners that are considered ultra high
• 6:06
  net worth individuals continues to increase.
• 6:09
  If Bitcoin hits $1,000,000, the amount of people that hold about
• 6:17
  30, about 50 to 30 Bitcoin is about like 25 to 50,000 people,
• 6:23
  right? If Bitcoin hits $1,000,000, not
• 6:26
  if one Bitcoin hits $1,000,000, the percentage of ultra high net
• 6:30
  worth individuals globally that's going to be Bitcoiners is
• 6:34
  going to be between 20 and 40%. It's a huge portion of the ultra
• 6:41
  high net worth individual population, and they're going to
• 6:44
  be bitcoiners. And what do these ultra high net
• 6:47
  worth individuals do? Well, they use some of their
• 6:51
  funds to obviously influence politics, donate to certain
• 6:55
  political parties. That's how it works.
• 6:58
  That's how it's always worked. It's not a pretty system.
• 7:02
  I'm a believer in the book The Sovereign Individual, they make
• 7:05
  the case that information technologies, you know, the rise
• 7:08
  of information technologies is going to make politics
• 7:10
  irrelevant over the long run. I do believe in that theory, but
• 7:14
  that's not the case right now. We're still during the we're
• 7:17
  still in the transitionary period, right, where, you know,
• 7:22
  figureheads like Naimbu Kelly, a potential Trump administration
• 7:26
  and Javier Malay are so important for our movement
• 7:29
  because it's just a matter of like, just leave Bitcoin alone
• 7:32
  to cook and it will cook rather than, you know, the entire, the
• 7:38
  entire American government apparatus regime going like has
• 7:43
  a bullseye, literal bullseye on the industry, right?
• 7:46
  So I think it's, it's something for Bitcoiners to, you know,
• 7:50
  it's a tough pill to swallow because I think a lot of us
• 7:53
  value our independence. They value the cyberpunk
• 7:56
  movement. They value the, you know, being
• 7:58
  anti government and all that stuff.
• 8:00
  But it's like, would you rather have our people in charge or
• 8:03
  would you rather have the anti Bitcoin people in charge?
• 8:06
  Because I've always, I've always made the case for you guys.
• 8:09
  It's the party of green, the party of Fiat, the party if
• 8:12
  central bank digital currencies, the party of endless wars versus
• 8:16
  the party of orange, the party of Bitcoin, right.
• 8:19
  So, you know, I'm, I'm really glad that this is the direction
• 8:22
  that it's going. And I just want to emphasize
• 8:25
  enough. They're politicians, right?
• 8:27
  You can't really trust them, but I do trust their incentives and
• 8:30
  I do trust in their want to being voted into power again.
• 8:35
  And if it's the bitcoiners that are donating the money for them
• 8:38
  to get into power, then, you know, I think that's a good
• 8:41
  thing because obviously the Bitcoiners are going to have
• 8:44
  influence over policy and over the executive branch.
• 8:48
  And that's that's an ideal environment for the Bitcoin
• 8:52
  regulatory environment here in the United States.
• 8:55
  And the United States is the global leader.
• 8:57
  So this is, you know, worldwide as well, really bullish on that
• 9:01
  and other news as well. BlackRock leads $1 billion
• 9:04
  Bitcoin ETF surge. So it looks like boys, we're
• 9:08
  back. You know, we still haven't
• 9:10
  broken the the overall downtrend.
• 9:12
  But you know, from those fifty, I think it was like 5254 lows,
• 9:17
  Bitcoin made a massive recovery. And that of course is being led
• 9:22
  by, you know, BlackRock. And of course, you saw the very
• 9:24
  bullish video that we played for you guys on Monday of Larry Fink
• 9:28
  on Legacy Financial Media basically saying like, look like
• 9:32
  I felt negative about Bitcoin initially.
• 9:35
  I did a research and then I started feeling bullish about
• 9:37
  it. And look, at the end of the day,
• 9:39
  it's Bitcoins incentives. That's what's happening.
• 9:42
  If we have time also, we're going to get to two important
• 9:45
  cases that I think are incredibly important to talk
• 9:48
  about, which is the Tornado Cash case and the Samurai.
• 9:54
  The Samurai case. Both those cases are incredibly
• 9:57
  important because depending on how those cases go, it sets a
• 10:01
  precedent and essentially what the US government is trying to
• 10:04
  do because they're really in the forefront of this.
• 10:08
  This is why elections matter, ladies and gentlemen.
• 10:12
  They're trying to basically set a precedent that if you write
• 10:15
  open source software and criminals use that open source
• 10:19
  software, somehow you're responsible for it.
• 10:23
  And what they're really trying to do is they're trying to set
• 10:24
  an example. I think eventually, you know,
• 10:27
  they're going to try to put pressure on open source software
• 10:31
  wallets like, you know, like like a blue wallet, like
• 10:35
  Electrum, like Sparrow to implement KYC into the wallet.
• 10:40
  I think that's where they're trying to go with this.
• 10:44
  So it's really important to stay vigilant.
• 10:46
  And also it's really important, like I'll be honest with you
• 10:49
  guys, it's really important to have pro Bitcoin people in the
• 10:54
  halls of power. Like that's the reality.
• 10:56
  That's where we are in the movie.
• 10:58
  If we want Bitcoin to become the next global reserve currency.
• 11:02
  That was an event sensuality, that was a bridge that was going
• 11:04
  to be crossed. I didn't think it was going to
• 11:06
  happen so soon, but you know, here we are.
• 11:09
  Anyways. We got a loaded show for you
• 11:11
  guys today. Also during the culture set.
• 11:14
  I got my Co host with me here today, Optimus Fields, and we're
• 11:17
  going to talk about something kind of very interesting.
• 11:21
  Some more developing, more news is coming out in regards to this
• 11:26
  assassination. Clown World.
• 11:27
  Assassination attempt and it just leads like leaves us with a
• 11:33
  lot of questions in terms of what the official narrative is.
• 11:38
  And again, you gotta connect the dots.
• 11:41
  The legacy medias initial reporting on how everything
• 11:46
  transpired and how they just blatantly lied already had me a
• 11:51
  little bit suspicious, but this news story about, you know, this
• 11:55
  the the slanted roof, like, I mean, come on, bro, that that
• 12:02
  is, you know, it makes me it makes me ask some questions, to
• 12:07
  say the least. Also, I'm not the only one
• 12:09
  saying this like this isn't just, you know, add-ons on on
• 12:12
  the Internet, you know, questioning the official party
• 12:14
  line. You know, you have very, very,
• 12:17
  you know, notable figureheads like Elon Musk.
• 12:20
  I saw a, a YouTube video of Ron Paul this morning basically
• 12:25
  saying like, yeah, that was bullshit.
• 12:27
  Like something happened there, you know, so that we have two
• 12:31
  options, right? They're both equally as bad,
• 12:34
  right? Which is you have either extreme
• 12:37
  incompetence or it was on purpose.
• 12:40
  Obviously, we can't say exactly which one it is, but you know
• 12:45
  what? You know, something happened.
• 12:46
  Some people say it's divine intervention.
• 12:49
  Trump literally moved his head for a second and that bullet
• 12:53
  missed bro, which is crazy. And of course, you know, being
• 12:57
  that big Trump is pro Bitcoin, that definitely, definitely, you
• 13:02
  know, would have affected the price if they were successful
• 13:05
  with that assassination attempt. Anyways, OP, did you have some
• 13:08
  words before we move on? No, I mean, I think you covered
• 13:11
  the the culture very good and I have a perfect meme for what you
• 13:16
  just finished in. But really I just want to take
• 13:18
  this moment, chat to, you know, do my do my victory lap here
• 13:25
  because, you know, I know you guys were giving Nico some shit
• 13:27
  in the chat a couple months back, but Nico's finally coming
• 13:32
  around. We're finally coming around so
• 13:34
  you guys can lessen up on Nico. He literally just said what I
• 13:37
  was trying to say last month or whatever when you know, the the
• 13:40
  Opti gate happened on the show, but we're so bad, boys and
• 13:45
  girls, we are so bad. No, just crazy times.
• 13:48
  Like I think today's culture, of course, we're we're kind of
• 13:51
  venturing out a little bit in the culture.
• 13:53
  So we're not just going to be talking about Bitcoin culture,
• 13:55
  but we're going to be commenting on culture at large with the
• 13:59
  Bitcoin lens. And what we're going to show
• 14:01
  today is just I, I, I don't even know how to sum it up.
• 14:04
  It's just like clown world in action.
• 14:06
  And This is why we're Bitcoiners in the 1st place.
• 14:08
  Is, is just like having this objective, well, semi objective
• 14:12
  vantage point on what's going on, coming up from the legacy
• 14:15
  media and the institutions. And it's, it's just incredible
• 14:18
  what we're seeing right now. And again, I keep saying I think
• 14:21
  we're on the best timeline possible because we're, we're
• 14:24
  right and we're just winning. And, you know, the end of this
• 14:27
  year is going to be incredible in my opinion.
• 14:29
  I think we're going to get a, you know, some, some good price
• 14:32
  action. And man, the more Bitcoin you
• 14:35
  stack, the more sovereignty you build for yourself, the better
• 14:38
  you protect yourself. And yes, we are getting
• 14:40
  interesting times where politics has landed on our front door.
• 14:44
  So I think it's very important that we're talking about all
• 14:47
  this stuff. Amen to that.
• 14:48
  Amen to that. All right everybody, before we
• 14:51
  move on to the next set, I do want to give a shout out to our
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  dollar. 1562 block height 852,632 blocks to having 197,368
• 18:01
  having estimate March 28 2028 Total Lightning network capacity
• 18:06
  5069 BTC capacity value 320 24,000,000 realized monetary
• 18:12
  inflation 1.51% market capitalization 1.26 trillion
• 18:18
  Bitcoin versus gold market cap 7.49% In the grand scheme of
• 18:24
  things, Bitcoin is just getting started.
• 18:27
  All right everybody, so I do want to talk about in relation
• 18:30
  to the cold opening again guys, this is this is this is huge
• 18:35
  news and I I I I am aware I understand and I empathize with
• 18:40
  it. So many of you guys you guys are
• 18:42
  like our boy Ruston who's dropping the simply Bitcoin
• 18:45
  originals. You guys just don't like
• 18:47
  government. You guys don't like DC as don't
• 18:49
  like the swamp. But the reality is that as our
• 18:53
  industry gets bigger, we are going to have more influence in
• 18:57
  the world, not only from you know an architectural
• 19:00
  perspective from you know like look the quintillionaires are in
• 19:05
  charge right now. That's what the World Economic
• 19:07
  Forum is in you know 5-10 twenty years when you know Bitcoin
• 19:13
  takes over the world and a huge percentage of the world's
• 19:16
  wealthiest people, most influential people are
• 19:18
  bitcoiners. Then I mean come on bro like of
• 19:22
  course, you know some of those percentage of those people.
• 19:25
  Are going to want to influence politics in their country and I
• 19:29
  would say that's a good thing rather than having the you know,
• 19:33
  like neo commies in charge that literally are telling you you'll
• 19:38
  eat nothing and be happy right. I'd rather have some freedom
• 19:41
  loving bitcoiners that are influencing policy and politics
• 19:45
  anyways That being said, check out this Bloomberg article.
• 19:49
  Trump seizes on crypto as wedge issue as donors cheer him on In
• 19:53
  2019, former President Donald Trump proclaimed he was not a
• 19:57
  fan of cryptocurrencies because their values are based on thin
• 20:00
  air and they can facilitate drug trafficking and other crimes.
• 20:03
  It's so funny. Because Larry Fink said
• 20:05
  something very similar. What a difference Five years,
• 20:08
  millions of dollars in donations and another type presidential
• 20:12
  race can make. You see the legacy media, the
• 20:15
  way they cover stuff, it's so interesting.
• 20:17
  With elections less than four months away, crypto lobbyists
• 20:20
  have scored the backing of the soon to be Republican nominee.
• 20:24
  Justice supporters hope Trump's political fortunes are on the
• 20:27
  upswing after he survived an assassination attempt on July
• 20:31
  13th and the industry's wish list for a potential second
• 20:34
  Trump term is coming into focus. At the top is a more hands on
• 20:40
  approach from regulators who crack down on crypto companies
• 20:43
  under President Joe Biden following the collapse of the
• 20:46
  FDX exchange and a long list of other scandals, bankruptcies and
• 20:50
  criminal cases. Quote, in a Trump
• 20:52
  administration, you're not going to see bank regulators force
• 20:55
  banks, banks to close bank accounts of crypto companies,
• 20:59
  said Brian Morgensten, head of public policy at Crypto Minor
• 21:03
  Riot Platforms, who worked in the White House and the Treasury
• 21:06
  during the Trump administration. Quote, he would not use the
• 21:09
  Energy Department to single out Bitcoin miners.
• 21:12
  Here's a picture, of course, of Trump with clean Spark.
• 21:16
  I believe this is a clean Spark CEO.
• 21:17
  It might be mistaken, but a clean Spark executive, right?
• 21:21
  And there's a bunch of other executives that were with Trump
• 21:24
  at, you know, at Mar a Lago in West Palm Beach.
• 21:28
  So like obviously, you know, the industry is is you know, Trump,
• 21:33
  the Trump administration in the RNC is very pro industry.
• 21:36
  I think that's a good thing. I think that's a good for
• 21:38
  Bitcoin businesses and Bitcoin innovation in the United States.
• 21:42
  Anyways, the nitty gritty details of Trump's crypto
• 21:44
  policies have yet been ironed out the based on his public
• 21:48
  remarks echoed by the platform of the Republican National
• 21:50
  Convention, some potential winners and losers are emerging.
• 21:54
  Trump has pledged to promote Bitcoin mining in the US protect
• 21:57
  self custody of cryptocurrencies, prevent the
• 21:59
  Federal Reserve from issuing a central bank digital currency
• 22:02
  that would compete with the industry.
• 22:04
  The former president wants the country to lead the nation in
• 22:07
  developing new technology. Now another thing, a comment
• 22:10
  that I'll make here in regards to the Federal Reserve issuing a
• 22:16
  central bank digital currency and that competing with the
• 22:19
  industry. Bring it on.
• 22:21
  Let's compete with the CBDC. Bitcoin will win the day every
• 22:25
  single time. But this article, as you can
• 22:28
  tell, it's already a little bit biased.
• 22:30
  The specifically like the first sentence, the way it was a
• 22:33
  phrase, it was a little bit passive aggressive, but it's
• 22:36
  basically saying like, oh, you know, preventing the Federal
• 22:40
  Reserve from competing with the industry.
• 22:42
  No, no, no, no, no, no, no. The Biden administration is
• 22:45
  trying to destroy the industry to create a monopoly so that the
• 22:51
  CBDC doesn't have competition from the industry.
• 22:55
  Because if you have the free market competing with the
• 22:58
  government, my money's on the free market every single time.
• 23:02
  Because CBDC's don't solve the issue of inflation and they keep
• 23:07
  omitting that. They keep leaving that
• 23:10
  convenient fact out because if they include it, then people are
• 23:15
  going to say, why would I use a currency that you can confiscate
• 23:19
  at the flick of a switch, you can debase whenever you want
• 23:24
  versus a currency that is unconfiscatable.
• 23:27
  And not only that, it's actually deflationary.
• 23:30
  It actually increases in purchasing power over time,
• 23:33
  right? So who's going to win in that
• 23:35
  competition? Of course bitcoins going to win
• 23:37
  in that competition, but they can't tell you the facts, just
• 23:40
  like they couldn't tell you the facts when Trump when the
• 23:44
  initial assassination attempt was happening and they were like
• 23:47
  Trump tripped on the stage. Legacy media can't tell you the
• 23:51
  facts. It's like they're propagandists.
• 23:53
  It's insane. Anyways, it goes on to say
• 23:56
  crypto innovators and others in the technology sector are under
• 24:00
  attack from Biden and Democrats. Biden stifles innovation with
• 24:04
  more regulation and higher taxes.
• 24:06
  President Trump is ready to encourage American leadership in
• 24:09
  this and other emerging technologies.
• 24:11
  Also, I think a lot of people are looking forward to Trump's
• 24:15
  speech at Bitcoin 2024, according to the Bitcoin
• 24:19
  Magazine crew. And just some conversations I've
• 24:22
  had, He's going to be dropping some awesome, awesome kind of
• 24:27
  news and things that he hasn't said in his in his normal
• 24:32
  campaign speeches. So I'm really looking forward to
• 24:34
  that. If Trump really wants to fire a
• 24:37
  shot across the world, like if you really wants to change
• 24:41
  things, just say the words and the Fed at the Bitcoin
• 24:45
  conference and the Fed. If you really want to put the
• 24:48
  fear of God and the administrative state that just
• 24:51
  tried to assassinate you, we think say, and the Fed, because
• 24:56
  that is their source of power. That is how the bureaucracies
• 24:59
  got so bloated. That's how they're able to pay
• 25:02
  for the endless wars. So, you know, Trump calls
• 25:05
  himself a populist. He's running on the populist
• 25:07
  platform. He's for the working class.
• 25:09
  He's for the middle class. He wants to protect the middle
• 25:12
  class. Bitcoin is money for the middle
• 25:15
  class. He wants to protect the middle
• 25:17
  class and the Federal Reserve because the Federal Reserve is
• 25:20
  the most insidious mechanism I've ever seen.
• 25:25
  This, this, this inflation tax, this sinister tax that takes
• 25:29
  from the poor in the middle class, gives it back to the
• 25:33
  wealthy and gives it back to the government.
• 25:35
  It is so sinister. It is so evil.
• 25:38
  I saw a TikTok video this morning talking about how back,
• 25:42
  you know, and back in the boomer era, back in, you know, in the
• 25:45
  80s and the 70s, used to be able to buy a house.
• 25:49
  Your wife or you know your husband would be able to stay
• 25:52
  home, take care of the kids, used to have a car used to do
• 25:55
  your nine to five, come home and live a live a live a nice and
• 25:59
  noble life. Now both parents have to work.
• 26:02
  You can barely meet and make ends meet.
• 26:05
  That's broken money. That is literally the central
• 26:08
  bank caused that. The Federal Reserve is solely
• 26:11
  responsible for that evil. Right?
• 26:14
  So I mean Trump like say it bro. Say end the Fed.
• 26:18
  Say end the Fed. You really want to drain the
• 26:20
  swamp? Attack the swamp source of
• 26:23
  power, and that source of power is the Federal Reserve.
• 26:25
  So I hope he says it. I don't know if he will, but
• 26:28
  anyways, that's my take. Opti, what are your thoughts on
• 26:30
  all this? Yeah, well, First off, I don't
• 26:34
  know if I said this on the show this week, but I definitely been
• 26:38
  saying this to friends when I have a conversation with them.
• 26:41
  I really do believe that Bitcoin Nashville 2024 is going to be
• 26:46
  bigger than Miami 2021 Bitcoin conference.
• 26:50
  Like maybe it's not going to be as big in size, but I think in
• 26:54
  the significance and the impact and the immediate attention that
• 26:58
  we're going to get after this conference coming up in 10 days
• 27:01
  is going to be absolutely huge. Like I I think this is one of
• 27:04
  those defining moments where Bitcoin will be put on the map.
• 27:07
  It's been constantly put on the map the last year or so.
• 27:10
  It's been in the conversation constantly, whether it's on the
• 27:14
  the legacy media or the, you know, the presidential
• 27:20
  candidates conversation. Like Bitcoin is definitely on
• 27:24
  the map now. And I've been saying it as a
• 27:25
  meme for a while, You know, bitcoins crossing that Rubicon
• 27:28
  into the mainstream consciousness.
• 27:29
  And now it's undeniable. Like, you need to have a Bitcoin
• 27:32
  stance, whether it's, it's, you know, good or bad.
• 27:36
  Like people are going to have to have a stance on Bitcoin right
• 27:38
  now. And we say it all the time.
• 27:40
  Bitcoin exposes people's incentives.
• 27:41
  So we're going to see who's who. And of course, like, you know
• 27:46
  me, you know, we're getting trolled in the chat saying what
• 27:49
  is this? Simply trust politicians Now?
• 27:50
  It's like, no, we don't trust politicians.
• 27:52
  This is the whole thing. But you are naive if you don't
• 27:57
  understand or at least regard the fact that politics is
• 28:01
  important right now because they control the world.
• 28:03
  Like Nico said it best. You know, politics is it's
• 28:05
  completely aligned with the Cantillon effect.
• 28:07
  They have the money printer. So they're in control of, of
• 28:11
  everything going on in the world right now.
• 28:13
  And you know, I would never tell you guys to donate to
• 28:17
  politicians, but I'm not also not against buying politicians,
• 28:22
  which you might say I'm a hypocrite here, but hey, like
• 28:25
  where we are right now. It, it reminds me of the, the
• 28:28
  Plato quote where you may not care about politics, but
• 28:31
  politics obviously cares about you.
• 28:33
  And hey, you know, if we can get some cover in the Bitcoin
• 28:36
  industry to get Bitcoin completely out of the door, make
• 28:39
  sure that people are running nodes and, and taking Bitcoin
• 28:41
  into custody like this is how we survive versus I know Bitcoin
• 28:46
  global, but as an American, I really want to see our country
• 28:50
  not attack Bitcoin, not attack Bitcoin businesses because
• 28:55
  Bitcoin is good for their not only America, but for the world.
• 28:58
  Like Bitcoin is the solution here.
• 28:59
  And we talk about this constantly and I think it's very
• 29:02
  important that we play the game. Like I, I believe in the
• 29:07
  libertarian ethos of like, let let you know, just let me live,
• 29:10
  you know, don't tread on me and all that stuff.
• 29:12
  But I also understand that burying our head is in the sand,
• 29:16
  moving off grid and not participating with society is a
• 29:19
  losing strategy. Like we got to be on the
• 29:22
  offensive. You have to participate in in
• 29:25
  the world as it is. And like I constantly say, just
• 29:28
  keep showing people that living on the Bitcoin standard, a
• 29:31
  personal Bitcoin standard improves your lives.
• 29:34
  And as more people have this conversation and realize that
• 29:37
  Bitcoin is a legitimate thing, it's going to be so much easier
• 29:41
  for us to start orange peeling our friends and family because
• 29:43
  they're feeling the pain. And we're seeing this go around
• 29:46
  social media constantly. People are finally understanding
• 29:50
  that they are poorer than they've ever been.
• 29:52
  They're working harder than they ever have and they can't save
• 29:55
  money right now. So I know savings isn't as sexy
• 29:59
  as like a get rich quick scheme or, you know, passive income or
• 30:02
  whatever the the new hype train is on social media.
• 30:06
  But this is how people protect themselves is by saving in
• 30:09
  something that cannot be debased.
• 30:11
  And now this conversation is happening at the highest levels.
• 30:14
  Like this is all good for Bitcoin.
• 30:15
  Of course, keep your head on a swivel.
• 30:17
  This is not about blind trust. It's obviously don't trust, but
• 30:20
  verify. But I think all these
• 30:22
  conversations that we're seeing play out right now is very, very
• 30:25
  important. And also, you know, shout out to
• 30:28
  the Bitcoin mag team. I've been saying this for the
• 30:29
  last couple of weeks. Like they, you know, say what
• 30:33
  you want about, about them in the chat, but they are doing, I
• 30:37
  think, incredible work, engaging with the, the, the, the people
• 30:41
  in power. Like this is incredible what
• 30:43
  we're seeing. And of course, you know, we're,
• 30:45
  we're going to be talking about Larry Fink as well.
• 30:48
  This isn't about like us cheerleading the banks or the
• 30:51
  politicians. This is just about understanding
• 30:53
  the incentives and where we are right now.
• 30:56
  And hey, I would much rather have people pro Bitcoin in quote
• 31:00
  UN quote positions of power than people fighting Bitcoin.
• 31:03
  And this is where we are. Let's not be naive about where
• 31:06
  we are in the story right now. But of course, keep your head on
• 31:09
  a swivel. You know, only the paranoid
• 31:11
  survive. So I I love the paranoia, but
• 31:14
  also, hey, a win is a win a win. Is a win a win?
• 31:19
  Is a win, man. A win is a win and we are most
• 31:21
  definitely, definitely winning everybody.
• 31:24
  I do want to give a shout out to our sponsor and of course I'm
• 31:27
  talking about the pleb party guys, it's coming up next week
• 31:32
  Thursday, literally in eight days.
• 31:34
  The pleb party is happening in Nashville, TN Over 1000
• 31:38
  bitcoiners are expected to attend.
• 31:40
  The last pleb party in Miami sold out eight days before.
• 31:43
  It's going to be hosted in an amazing venue, a rustic
• 31:46
  automobile factory from 1910 with brick walls and tons of
• 31:50
  proof of work atmosphere. It's a 12 hour open bar.
• 31:53
  That means that the ticket and food are in sorry, the food and
• 31:57
  drinks are included in the ticket.
• 31:59
  So it's a 12 hour open bar from midnight to from noon to
• 32:03
  midnight in Nashville the day before Bitcoin 2024 Thursday
• 32:08
  July 25th and confirmed attendees include Larry laparde,
• 32:12
  Preston pitch the entire simply Bitcoin crew, James lavish,
• 32:15
  Robert breedlove, Mark Moss puppy Tatum turn up, Adam
• 32:18
  O'Brien and many many more. If you're going to the Bitcoin
• 32:22
  2024 conference where Donald Trump, Trump is going to be
• 32:24
  speaking at, this is the party to be at the day before the
• 32:28
  conference starts. You definitely don't want to
• 32:30
  miss it and I hope to see a lot of you guys in person in the
• 32:34
  flesh at the Pleb Party in Nashville 2024.
• 32:38
  Scan the QR code or check the link in the video description
• 32:42
  For more information. Let's hit the news, the Daily
• 32:48
  News. I want to give a shout out to
• 32:51
  our sponsor Foundation Devices. It's self custody done right.
• 32:56
  They built a premium grade hardware wallet called Passport
• 32:59
  right here in the US. It's fully open source and
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  your Bitcoin off exchanges, this is the one for you.
• 33:42
  Check out the Passport link link in the show notes below to learn
• 33:45
  more right. Everybody listen, listen, if you
• 33:49
  don't take self custody, it's not really your Bitcoin.
• 33:52
  All right, take self custody and you got to get yourself a stamp
• 33:57
  seed stamp, your C phrase, but then you need a hardware wallet
• 34:01
  right in order to spend that cold storage Bitcoin and of
• 34:04
  course we recommend the passport by foundation devices.
• 34:07
  I actually got a message on the orange pull app and it was
• 34:10
  basically like Nico, I got a passport.
• 34:12
  I don't know how to set it up. They have a concierge service.
• 34:15
  They offer concierge service and that basically means that you
• 34:18
  know you pay for the fee and they have a Bitcoin expert that
• 34:21
  will literally help hand hold you through setting up your cold
• 34:25
  storage wallet. And if you pair up the passport
• 34:28
  with the envoy app, it makes spending cold storage Bitcoin
• 34:32
  incredibly easy. If you use the promo code
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  simply, you'll get a discount for the passport.
• 34:37
  Hardware wallet, guys, not your keys, not your cheese self
• 34:40
  custody. Get yourself a hardware wallet
• 34:42
  and of course you recommend passport by foundation devices.
• 34:46
  All right, everybody all right, so let's get to this news pretty
• 34:50
  big deal. BlackRock leads $1 billion
• 34:53
  Bitcoin ETF surge In July 2024, Bitcoin ETFs in the United
• 34:59
  States experienced significant inflows totalling over $1
• 35:03
  billion in just three days. On July 16th alone, the ETF saw
• 35:09
  a net inflow of $422 million, making the largest single day
• 35:15
  inflow in a month. This surge in investment comes
• 35:19
  amid a bullish sentiment in the cryptocurrency market, with the
• 35:23
  total inflow since the inception of the ETFs reaching an all time
• 35:27
  high of 281,000 Bitcoin. That's more Bitcoin than Michael
• 35:32
  Saylor at this point. Blackrock's iShares ETF led the
• 35:37
  way with a single day inflow of $260 million, followed by
• 35:43
  Fidelity's ETF with 61 million. The consistent inflows over 8
• 35:48
  executive days, just strong investor confidence and a
• 35:52
  positive outlook for bitcoins future.
• 35:56
  Dude, this is crazy. This is institutional money of
• 36:00
  Wall Street signaling. They're basically telling you we
• 36:04
  feel very confident about Bitcoins future.
• 36:07
  We feel really good about this. You know, this is the way that
• 36:11
  that's, that's what they're telling you.
• 36:13
  This is incredibly bullish after everything that's happened,
• 36:16
  right? All the volatility, we dropped
• 36:18
  from 73 K down to 52. You know, the, the ex
• 36:23
  president's potential assassination, right?
• 36:26
  All the FUD, the Gary Gensler stuff, the Biden administration,
• 36:29
  all of this stuff, institutional investors, Wall Street, the the
• 36:34
  so-called smart money is still bullish on bitcoins future.
• 36:39
  And I think everyone is anticipating a crazy 20/20/25.
• 36:43
  Especially if if the current if the Trump administration gets
• 36:46
  elected and the United States becomes pro Bitcoin.
• 36:50
  Which is so crazy to even say that, right?
• 36:53
  So this is incredibly bullish. BlackRock kind of leading the
• 36:57
  charge. You who would know?
• 36:58
  Larry Fink, the same guy that was, you know, talking about
• 37:01
  ESG, It's so funny because they ended their whole ESG stuff as
• 37:06
  soon as they took on this Bitcoin stuff.
• 37:08
  It's so funny how Bitcoin just fixes things.
• 37:10
  It aligns incentive structures. Max Kaiser said it the other
• 37:14
  day. You know what, Michael Saylor is
• 37:16
  working for you if you're holding Bitcoin.
• 37:18
  Larry Fink, he's working for you if you're holding Bitcoin.
• 37:21
  If Trump gets elected, he'll be actually working for you if
• 37:25
  you're holding Bitcoin, right? This is an aligned incentive
• 37:28
  structure model. It's beautiful.
• 37:30
  Everyone pursuing their own greed, their own incentives,
• 37:36
  actually makes the network stronger and it bet benefits
• 37:39
  everybody else. So that's incredibly bullish.
• 37:42
  This is great news, good stuff and I'm, I'm really, really
• 37:47
  optimistic about 2025. In other news, I do want to talk
• 37:50
  about this as well, which is we kind of have to go back into the
• 37:54
  past because this has happened. You know, the, the you know, the
• 37:59
  past doesn't repeat, but it often rhymes.
• 38:01
  That's the famous saying and back in I think I believe it was
• 38:05
  like the the 90s, there was something called the so-called
• 38:08
  crypto wars. Now this wasn't about
• 38:10
  cryptocurrency. They were talking about crypt
• 38:13
  cryptography and the initial, kind of the initial like problem
• 38:19
  at the, the, the intelligence agencies in the NSA, right?
• 38:22
  It's always the three letter agencies.
• 38:23
  It's going to be like a theme of today's episode, I suspect.
• 38:28
  Basically, they they didn't want to have, they didn't want the
• 38:31
  public to have cryptography that was strong enough that they
• 38:37
  would not be able to decrypt. Now, the problem with that is
• 38:40
  that that's basically saying, and this is what this shirt was
• 38:44
  basically showing is, you know, they wanted to classify it as
• 38:48
  like a munition, right? In that game wouldn't be
• 38:51
  exported. But The thing is that it's
• 38:52
  speech, right? Like are you, are you trying to
• 38:55
  tell me that cryptography, like a form of speech, a form of
• 38:58
  text, a form of of, of numbers is somehow dangerous to society?
• 39:03
  Because that's essentially what they're trying to make the case
• 39:07
  for with these open source wallet developers, right?
• 39:11
  Like, they're basically trying to make the case that, OK, you
• 39:14
  developed open source software and criminals used it.
• 39:18
  Because criminals used it, you are held accountable.
• 39:21
  Now, they know that's naive. The reason that they're trying
• 39:25
  to do that is they're trying to set a precedent in law, right?
• 39:29
  So because when they set a precedent in law, by the way,
• 39:32
  they're circumventing the legislative process.
• 39:35
  They're not going through Congress trying to pass these
• 39:37
  laws. No, no, no.
• 39:38
  They're doing it through legal enforcement, right?
• 39:41
  And they're setting a president basically saying that if you
• 39:44
  write open source software, that violates US sanction policy.
• 39:49
  If you write open source software that criminals use,
• 39:52
  that enemies of the United States use, yeah, you can be
• 39:55
  held liable for that. And then, of course, what is the
• 39:59
  inevitable outcome of that? The inevitable outcome of that
• 40:02
  is that if you're an open source developer now all of a sudden
• 40:05
  you're like fearing for yourself.
• 40:07
  You're like, dude, holy shit. Like I'm just writing code.
• 40:10
  I'm just, you know, developing one of these open source Bitcoin
• 40:14
  wallets. Like potentially I'm in danger
• 40:16
  because this is how it starts. First it's privacy.
• 40:19
  And then in five years, they'll say, you know what?
• 40:22
  You're a criminal because you're open source wallet doesn't have
• 40:26
  KYC. That KYC system is exclusive.
• 40:30
  This is the part that they leave out.
• 40:32
  The thing that Bitcoin fixes is that it doesn't care about where
• 40:36
  you're from, right? It doesn't matter where you're
• 40:38
  from, what your skin color is, what your beliefs are.
• 40:41
  If you have access to the Internet and you're able to
• 40:45
  download a Bitcoin wallet now, you're able to interact with the
• 40:48
  global economy, right? The way that the current system
• 40:52
  functions, and what they conveniently leave out is that
• 40:56
  depending on where you're born, you have the ability to open a
• 41:00
  bank account or you don't have the ability to open a bank
• 41:03
  account. It's a system of exclusion,
• 41:06
  right? It's not a system of inclusion.
• 41:08
  Bitcoin is for everyone and anyone.
• 41:11
  The dollar is for a select few and that select few is
• 41:14
  exclusively determined by a bureaucratic elite in
• 41:18
  Washington, DC don't necessarily have the best track record.
• 41:22
  And we'll get to more of that during the culture segment.
• 41:25
  So yes, these two cases, the Tornado Cash case and the
• 41:29
  Samurai case are incredibly important because depending on
• 41:33
  what their outcome is, is is going to set a precedent, right?
• 41:37
  And that precedent is a very, very slippery slope.
• 41:40
  Like open source software like like what do you mean you can
• 41:45
  sanction open source? You you like writing code,
• 41:48
  right? Like it's like writing a form of
• 41:50
  speech. This is supposed to be protected
• 41:52
  by the 1st Amendment. But of course it's not because
• 41:55
  it's a threat to the way that the current system works.
• 41:58
  And the way that the current system works is that the US
• 42:00
  government has weaponized and politicized the US dollar to
• 42:06
  achieve the political the political goals of the
• 42:09
  bureaucratic uniparty in Washington, DC.
• 42:12
  That's what they want, right? And Bitcoin is a threat to that
• 42:15
  because it's an open monetary network anyways.
• 42:18
  So let's get to it. Roman Storm granted delay of
• 42:23
  Tornado Cash trial Alex Perstesy denied bail by Dutch court A
• 42:28
  judge has granted a delay in the trial of Tornado Cash developer
• 42:31
  Roman Storm in the United States.
• 42:33
  Meanwhile, in Europe, fellow Tornado Cash developer Alex
• 42:36
  Percy must prepare for his appeal in prison after Dutch
• 42:39
  court denied his bail. Remember, these two guys
• 42:43
  developed a, a software that the vast majority of people were
• 42:48
  using that were, were not criminal, but there was a
• 42:52
  portion of them that you know, was linked to North Korea.
• 42:55
  Of course, the United States has sanctions against North Korea.
• 42:58
  And again, they didn't focus on the vast majority of people.
• 43:02
  They focused on North Korea. Now, I don't think they did that
• 43:06
  because they cared that North Korea was using a, a mixer,
• 43:09
  right? We all know that the traditional
• 43:11
  financial system is where the vast majority of illicit
• 43:14
  transactions have illicit activity happens.
• 43:17
  They used it because, again, they're trying to set a
• 43:20
  precedent because an open monetary network is a threat to
• 43:24
  current US sanction policy. Anyways, moving on to the next
• 43:27
  one. This is something more close to
• 43:29
  home. This is where Nico, you know,
• 43:32
  Opti was talking about Opti gate.
• 43:34
  This is where Nico started getting very fucking upset.
• 43:37
  It was this and then the attempted assassination attempt.
• 43:40
  And I just took off my gloves and I said, you know what?
• 43:42
  Fuck the inclusivity. Biden is a threat to Bitcoin.
• 43:45
  I'm all for Trump and RFK because you know, once they
• 43:49
  start locking us in a box, once they start going after our
• 43:52
  industry, once they attempt to assassinate the potential future
• 43:57
  Bitcoin president, the first one.
• 43:59
  But you know, I, I, I tend to get a little bit upset when
• 44:02
  those things happen, right? And we have to be vocal about
• 44:05
  it. So anyways, of course, samurai,
• 44:08
  you know, this is something that the community used a lot.
• 44:10
  They like the mixing services. They like the privacy supposedly
• 44:14
  that's protected by the 4th amendment right, no unreasonable
• 44:16
  searches and seizures. But in today's world, an end
• 44:19
  stage Fiat that goes completely out the window in a system of
• 44:23
  coercion, they need control in a system of theft, they need
• 44:28
  control. They need the they need the
• 44:31
  propaganda, they need the coercion, they need the
• 44:33
  misrepresentations, they need the lies in order for that
• 44:37
  system to function. And by the way, that's not my
• 44:38
  idea. That's Jeff Booth's idea.
• 44:40
  Anyways, I completely agree with it.
• 44:41
  So T dev permitted to live in Portugal as DOJ versus samurai
• 44:46
  case proceeds. So this is, I think, pretty good
• 44:50
  in the sense that, look, so one of the developers, he was
• 44:53
  granted his bail. One of the things that he wanted
• 44:56
  was I want to stay in Portugal while this case plays out.
• 44:59
  I don't want to be extra extradited back to the United
• 45:01
  States. And if you take a look at the
• 45:02
  Tornado Cash trial as well, look, a granted delay.
• 45:07
  So, you know, you're starting to see a little bit of a pattern
• 45:10
  here. And I think the pattern
• 45:12
  definitely has to do with the political situation.
• 45:15
  What is the political situation? If you take a look at the polls,
• 45:19
  guess what? Trump looks the betting odds,
• 45:24
  not the polls. The polls tend to be a little
• 45:26
  bit politically biased, but if you take a look at the betting
• 45:29
  odds, the betting odds tend to have the most accurate
• 45:31
  representation of who's going to be elected president.
• 45:34
  Why? Because people have actual, real
• 45:36
  money at stake. If you take a look at the
• 45:38
  betting odds, it looks like Trump.
• 45:41
  Especially after the debate and then the attempted assassination
• 45:45
  attempt, it looks like Trump is on the cusp of winning the
• 45:50
  presidency. Do I think it's a coincidence
• 45:52
  that they start being a little bit more lenient with these
• 45:55
  things? Absolutely not.
• 45:57
  You know, they're starting to walk it back.
• 45:58
  They're seeing the writing on the wall and they're saying, OK,
• 46:01
  maybe this wasn't a good idea. Now, I hope when the Trump
• 46:04
  administration, when they get into power, if they win the
• 46:07
  election, first, they keep their promise about fraying Ross,
• 46:11
  right? And then second, you know, they
• 46:14
  get involved and try to get these cases dismissed because
• 46:17
  this is absolute and utter bullshit.
• 46:20
  So anyways, bullish news overall.
• 46:22
  I mean, Opti remember a couple months ago, brother, like shit
• 46:26
  was dark, dude. Like we me and you were talking,
• 46:28
  we're like, bro, are we going to have to go to El Salvador?
• 46:31
  Like we're going to have to hold it down.
• 46:33
  We're going to be streaming from the gulag.
• 46:35
  And then all of a sudden, bro, it was like it happened very
• 46:38
  quickly, you know? But I think the looking back in
• 46:41
  hindsight, it's always obvious in hindsight, I think it was
• 46:44
  always going to happen because the game theory came into place,
• 46:48
  right? If you are against Bitcoin, you
• 46:50
  don't ban Bitcoin, you ban yourself from Bitcoin.
• 46:53
  And then it creates an opportunity for the other people
• 46:56
  that embrace Bitcoin. They get an advantage over you,
• 46:59
  right? And I think that's essentially
• 47:01
  what the Democratic Party did to themselves.
• 47:03
  They metaphorically shot themselves in the foot while
• 47:06
  taking an anti Bitcoin stance. Look, I know for a fact that a
• 47:11
  huge portion of the deck Democrat constituency is pro
• 47:15
  Bitcoin. They own Bitcoin, so the
• 47:18
  Democratic Party isn't actually representing their voter base.
• 47:22
  That's not a popular thing to run on.
• 47:24
  Like Elizabeth Warren's anti big anti crypto are like that is the
• 47:29
  dumbest shit I've ever heard. Like what do you like?
• 47:33
  In what world did she think that was a good idea or a good
• 47:37
  platform to run on? Bro, I'm just, you know, those
• 47:40
  are my two sats on all this, bro Anyways, Opti like what a turn
• 47:45
  of events, bro, like this is awesome.
• 47:46
  Bitcoins winning. You know, we got Larry Fink on
• 47:49
  board. He's working for us.
• 47:50
  We got Michael Saylor, he's working for us.
• 47:53
  We got Trump. He potentially is working for us
• 47:55
  if he survives until the election and wins.
• 47:57
  So yeah, man, just bullish news overall.
• 48:00
  Good, good, good. Time to be a bitcoiner, because
• 48:03
  it was awfully dark not too long ago.
• 48:05
  Yeah, 100%. I mean, me and Nico were I, I
• 48:09
  don't know if we were necessarily fully black pilled,
• 48:11
  but there was a point there after the Samurai dev arrests
• 48:14
  where we're like, man, the things are heating up, This is
• 48:17
  getting crazy. And of course, again, just to
• 48:21
  echo what I I said earlier, you know, we're keeping our heads on
• 48:24
  a swivel and only the paranoid survive.
• 48:26
  Of course, we're not fully just like, yeah, you know, like the
• 48:30
  Republican Party is here to save us all because I don't believe
• 48:33
  in a savior of this situation. Like you need to take back your
• 48:37
  individual sovereignty. But with all that being said, I
• 48:39
  think this is just the classic gradually then suddenly meme
• 48:43
  happening in real time, just in a different factor.
• 48:46
  Usually when we think of the gradually then suddenly meme,
• 48:48
  it's in regard to the Bitcoin price.
• 48:51
  But here it's really about the sentiment towards Bitcoin and
• 48:55
  just I'm reminded on the last thing you said and then I'm
• 48:58
  going to go into the Larry Fink stuff.
• 49:00
  I'm reminded of Bitcoin. Yeah, Pierre Rashard saying the
• 49:05
  Elizabeth Warren meme campaign of the anti crypto army is going
• 49:08
  to go down as one of the worst. Political.
• 49:10
  Campaigns ever and it's playing out like in real time that this
• 49:14
  is exactly the case. OK, now going to like the Larry
• 49:17
  Fink BlackRock ETF news. I think the the main signal here
• 49:22
  is just that there is so much interest in Bitcoin in the face
• 49:26
  of chaos because of course you know everyone when they think of
• 49:29
  the BlackRock ETF, they're just kind of saying like, oh, Larry
• 49:32
  Fink is buying this Bitcoin. But let's not forget that that
• 49:35
  that means that people are looking as looking to Bitcoin as
• 49:38
  a legitimate asset, a legitimate investment, something that they
• 49:40
  need to hold in the face of all the clown world chaos that we're
• 49:44
  seeing. And I think that is for the
• 49:46
  proof to what we've been saying here on the show for a long time
• 49:49
  that once you get into chaotic times, you want to get into an
• 49:53
  asset that you know can't get the base that's the risk free.
• 49:57
  All the memes we've heard before and we've been saying on the
• 49:59
  show for a long time like sats are my stablecoin like Bitcoin
• 50:02
  is the true stability in the world.
• 50:05
  The only thing with a strong monetary policy, the price
• 50:07
  fluctuations, the quote UN quote volatility of Bitcoin is really
• 50:12
  the Fiat world rebalancing itself on Bitcoin, but Bitcoin
• 50:16
  is stable yes, there's fluctuations in the price, but
• 50:19
  Bitcoin is the most stable thing in the world and we're seeing
• 50:22
  this play out in real time. When things get crazy, people
• 50:24
  look for stability. And we're seeing that that's
• 50:26
  happening in real time. Yes, of course, we can all say
• 50:29
  that Larry Fink is doing the classic billionaire FUD
• 50:32
  playbook, you know, stacking his bags.
• 50:34
  And then once he's got got his bag stack, he's like, I love
• 50:36
  Bitcoin, you know, pump it to the moon.
• 50:39
  We're seeing this play out in real time.
• 50:40
  And we've been calling this for a long time on simply Bitcoin.
• 50:43
  But there is another point here. And and you see a lot of it in
• 50:46
  the chat. You see a lot of Bitcoiners on
• 50:48
  Twitter saying the same thing. It's really funny to me that
• 50:51
  having politicians and bankers work for you, the person they
• 50:55
  claim to work for is such a novel idea.
• 50:57
  And we're seeing incredible pushback from Bitcoiners again,
• 51:00
  which I think is is important. And, you know, only the paranoid
• 51:03
  survive, like I keep saying, because we've seen behind the
• 51:06
  veil and we understand that most politicians, most bankers, they
• 51:10
  aren't working for their constituents.
• 51:11
  They don't care about the population out there.
• 51:13
  They're just like, I only care about shareholder value.
• 51:16
  And we're seeing that separation from reality to, you know, what
• 51:22
  the powers that be want to happen.
• 51:24
  And I think one of the biggest, biggest signals of this was when
• 51:28
  BlackRock stopped their ESG funds, once they started moving
• 51:31
  away from the ESG, you know, narrative, we're seeing that the
• 51:35
  pendulum is swinging the other way, which also has some things
• 51:38
  to cause concern. You know, we've seen this play
• 51:40
  out throughout history where once it's not popular to push
• 51:44
  things in the public, the public sector, they push it to the
• 51:48
  private sector. So there's still things to be
• 51:50
  conscious of and there's still things to be concerned about.
• 51:53
  But again, I think this is just that pendulum swinging towards
• 51:56
  what we've been saying for a while, Like you're moving away
• 51:59
  from the collective ideology to seemingly more freedom ideals.
• 52:04
  And I think this is where Bitcoiners are going to shine.
• 52:09
  And obviously, I think This is why so many Bitcoiners are
• 52:12
  having a hard time acknowledging the Finks and the RFK juniors
• 52:15
  and the vivics and Trump's of the world embracing Bitcoin as a
• 52:19
  good thing because we're we, we got that PTSD, like we still
• 52:22
  have that trauma in US or like we don't trust them.
• 52:25
  But again, I think this is all good for Bitcoin.
• 52:28
  And then kind of just adding on to what Niko was saying in
• 52:30
  regards to the Tornado Cash and the Samurai arrest, which is I
• 52:35
  think where you started to see simply Bitcoin kind of pivot and
• 52:38
  then you know, for lack of a better term, got more
• 52:40
  radicalized here, which is just a meme.
• 52:42
  Like who radicalized you? And it's like you did.
• 52:44
  Bitcoin is speech. This is very clearly, very
• 52:47
  clearly obvious. If you understand how Bitcoin
• 52:49
  works. It's code.
• 52:50
  Code is speech. It's literally ones and zeros.
• 52:52
  Like Bitcoin is speech. It is protected under the First
• 52:55
  Amendment in America. This is a First Amendment issue.
• 52:58
  Obviously, most politicians out there don't care about the
• 53:00
  Constitution, but this is protected.
• 53:03
  Bitcoin is simply speech and I'm glad to see that there is some
• 53:07
  light at the end of the tunnel in regards to these arrests and
• 53:10
  hopefully we'll be able to set some good precedent so that this
• 53:13
  can never happen again. Obviously, I believe Bitcoin
• 53:17
  can't be stopped if we're all vigilant, running nodes, taking
• 53:20
  Bitcoin into custody and you can't stop an idea who's time
• 53:23
  has come. And this is where we are right
• 53:25
  now. So very interesting times that
• 53:27
  we find ourselves in. Of course, it's only going to
• 53:30
  get crazier in clown world before it gets better.
• 53:32
  But this is I think these are all good developments.
• 53:36
  But again, I just want to reiterate, like in the face of
• 53:38
  chaos, people move their money to things that they think are
• 53:43
  the least risky. And I think this ETF news and
• 53:46
  the, what was it 422 million inflows into the BlackRock ETF
• 53:51
  is, is a signal that people are waking up to the idea that
• 53:54
  Bitcoin is the real stability in the world.
• 53:57
  And we've been saying that for so long.
• 53:58
  Like we're so ahead of the game. It's absolutely incredible.
• 54:01
  This is the best timeline to be part of.
• 54:03
  We're winning, we're waiting, but stay vigilant.
• 54:05
  We got to stay vigilant. We're absolutely winning, of
• 54:08
  course. Stay vigilant and yeah, man, I
• 54:11
  think we're going to keep winning.
• 54:12
  It's just we, we have, we have better incentives.
• 54:14
  They have coercion. We have incentives.
• 54:16
  My money is on incentives. Anyways, guys, let's hit the
• 54:19
  culture. Lots to talk about.
• 54:20
  Let's check it out. The daily culture.
• 54:32
  Hi everybody, I do want to give a shout out to our sponsor, the
• 54:35
  Orange Pull app Stack. Friends who stack stats join the
• 54:37
  11,178 bit corners that are currently on the app.
• 54:42
  To get started, scan the QR code or check the link in the video
• 54:45
  description. And the Orange Pull app is the
• 54:47
  Bitcoin social layer. So if you are travelling, you
• 54:50
  move to a new city has a really cool geographical feature and it
• 54:54
  will literally show you the bit corners that are near you.
• 54:57
  It's great tool to build up that Bitcoiner Rolodex.
• 55:01
  I truly believe that Bitcoiners are going to be some of the most
• 55:03
  powerful, influential people in the next 5 to 10 years.
• 55:06
  Those are probably a good idea to build up that Bitcoiner
• 55:09
  friend list. It's the best way to reach me
• 55:12
  via DM I, I, I don't really answer anything else of just get
• 55:17
  flooded with messages these days.
• 55:18
  So one of the best ways to reach me and I will get back to you is
• 55:22
  on the orange pill app. If you have any questions for me
• 55:24
  personally, you can find me Nico on the orange pill app and send
• 55:27
  me a message. So to get started, like I said,
• 55:30
  scan the QR code, check the link in the video description.
• 55:32
  Stack friends who stacks who stack friends who stacks ads on
• 55:36
  the orange pill app. All right, everybody, Well,
• 55:39
  we're going to start doing Opti preface this a little bit, but
• 55:46
  as time progresses, there's different types of, of what I
• 55:51
  was telling Opti to correct his green screen and look at that, I
• 55:54
  have to do it too. So as time progresses, what's
• 56:00
  going to happen is I, I truly believe that Bitcoin is going to
• 56:04
  become a political movement. A, a, just like you have the
• 56:09
  conservatives and you have the liberals.
• 56:13
  One of the most powerful political movements of the 20th
• 56:16
  century was Marxism. I really believe that Bitcoin is
• 56:20
  going to become a way of life. It's going to become a way of
• 56:24
  people looking at the world. It's like you're changing your
• 56:27
  operating system, you're changing the way that you're
• 56:29
  looking at the world and your, your life philosophy.
• 56:32
  I've seen this, I've seen this happen to people that adopt A
• 56:35
  Bitcoin standard. And that's why you have
• 56:38
  applications like the Orange Pool app.
• 56:39
  That's why you have things like Bitcoin Twitter.
• 56:41
  That's why you have these conferences that Bitcoiners are
• 56:44
  so excited to go to because it's like you don't really have
• 56:47
  anything in common with the no coiners anymore.
• 56:50
  So what is that? But not a lifestyle, What is
• 56:53
  that but not, you know, being around your tribe, being around
• 56:58
  the people that you have something in common with.
• 57:01
  Now we're going to start covering, I don't want to say
• 57:05
  the normie news, but let's say world events during the culture
• 57:08
  segment, specifically when it's me and Opti, but we're going to
• 57:12
  be covering them from a Bitcoiners perspective.
• 57:14
  Because what you find on YouTube today is you got the
• 57:18
  conservative angle, which is like, and then you get the
• 57:21
  liberal angle, which is like, and then you get kind of like
• 57:24
  the center, which I think is evaporated these days.
• 57:27
  I don't think it exists. And that's all Fiat.
• 57:30
  We're going to give you the news from the Bitcoin angle, which is
• 57:34
  a lot more optimistic. And we actually have a solution
• 57:37
  to all this clown world shit. The conservatives, all they do
• 57:40
  is react, right? You know, nothing against them.
• 57:44
  I have a lot of conservative friends, the liberals, you know,
• 57:47
  they, they, they, they tend to, you know, I don't want to
• 57:49
  complain is a, is a bad word, but they, they tend to get, how
• 57:56
  do I phrase this? The, the, the liberals tend to,
• 58:00
  you know, they, they, they, they empathize with a lot of the
• 58:03
  world's problems. And you know, they, they, a lot
• 58:06
  of those problems, you know, they, they, they see that
• 58:09
  there's injustice in them. They like to highlight them,
• 58:11
  right. I'll put, I'll put it like that.
• 58:14
  So those are the two kind of like commentary things that the
• 58:19
  world gives you at the moment. We're going to give you the
• 58:21
  Bitcoin angle, which is a lot more inclusive.
• 58:24
  It, it doesn't really care where you stand.
• 58:27
  We actually have a solution to all of this stuff and it's way
• 58:30
  more optimistic and hopeful and extremely less divisive.
• 58:34
  So anyways, I wanted to give a little bit of context and I hope
• 58:38
  you guys enjoy it so. Yeah, I mean first of course, I
• 58:42
  can already hear in the chat like this is a Bitcoin show,
• 58:44
  which this have to do with Bitcoin, so.
• 58:46
  This has everything to do with, of course.
• 58:48
  Of course, Bitcoin fixes it. Bitcoin fixes everything.
• 58:51
  So we're really going to cover some, some some of the clown
• 58:54
  world issues that we've seen after this assassination attempt
• 58:57
  that that we've been all talking about probably on social media
• 59:00
  the last couple of days as more news has rolled out.
• 59:02
  And just the the sheer incompetence, or rather, you
• 59:06
  know, I don't know if I can say it here.
• 59:09
  The the JFK Ness of, of what we're seeing happening in real
• 59:13
  time. But of course, as Max Keiser is
• 59:16
  so good at doing on Twitter, he is a little hyperbolic in this,
• 59:19
  but I really love this tweet right here.
• 59:22
  And he goes, Satoshi saved Trump.
• 59:23
  This next one I don't necessarily agree with, you
• 59:26
  know, the Christian, but Bitcoin is God.
• 59:28
  If Trump hadn't found Bitcoin when he did, the outcome would
• 59:31
  have been different. And This is why this week I've
• 59:33
  been like, Yo, this is the best timeline ever.
• 59:35
  Because if you think about the other possible outcome of what
• 59:40
  happened on Saturday, I think we would all be in a more black
• 59:44
  pilled situation right now. But as a Bitcoiner, as the
• 59:47
  trends that we're seeing, it's hard not to be hopeful.
• 59:49
  As a Bitcoiner, it's hard not to wake up and be happy.
• 59:52
  But this clip came out, someone did some incredible, incredible
• 59:57
  work on just just highlighting how crazy.
• 1:00:02
  Of a miracle if you want to use that word.
• 1:00:04
  How just crazy of a chance it was that Trump didn't actually
• 1:00:07
  get shot on this. So let's let's look at this and
• 1:00:10
  here's just consortia Bitcoin he goes take a close look then pray
• 1:00:13
  you didn't witness luck, you witness divine intervention.
• 1:00:16
  Let's look at this. This is absolutely incredible,
• 1:00:18
  just just how close we came to a totally different timeline.
• 1:00:22
  Take a look what happened. Miss by 1/4 of an inch by two
• 1:00:30
  seconds it this visual right here at the bottom is just
• 1:00:34
  incredible to see how this is working.
• 1:00:37
  And this this is you know, we've seen this happen before.
• 1:00:40
  We cover the deep state on Monday.
• 1:00:42
  We've I'm sure all of us have seen the Zapruda film in regards
• 1:00:45
  to the JFK assassination. I'm sure we've all kind of gone
• 1:00:48
  down the quote UN quote conspiracy theories.
• 1:00:50
  And I think at this point, if you aren't at least
• 1:00:54
  acknowledging that there might be something to conspiracy
• 1:00:57
  theories, you're not that. Just like look, look like the
• 1:01:00
  questioning it like yeah, why can't we question here?
• 1:01:03
  Like like it's just like like come on, bro.
• 1:01:07
  Like and and and I don't mean to, you know, steal your Thunder
• 1:01:10
  optic like whatever, but like just this is insane.
• 1:01:14
  Like how we, like the institutions themselves, are
• 1:01:20
  suffering from inflation bro. Yes, no, stop there and then,
• 1:01:23
  and then we'll talk about it because that's the perfect segue
• 1:01:26
  to the response here. So we have, what's her name
• 1:01:31
  again, Kimberly Cheadle. She's head of the security
• 1:01:34
  Secret Service here. And this is her response to what
• 1:01:37
  happened at the the rally on Saturday.
• 1:01:39
  Let's listen to this. It's incredible.
• 1:01:41
  Director of the United States Secret Service Kimberly Cheadle
• 1:01:43
  speaks exclusively with ABC News, taking responsibility for
• 1:01:46
  that stunning breakdown in security.
• 1:01:48
  This is an event that should have never happened.
• 1:01:50
  Who is most responsible for this happening?
• 1:01:52
  What I would say is that the Secret Service is responsible
• 1:01:54
  for the protection of the former president.
• 1:01:55
  So the buck stops with you. The buck stops with me.
• 1:01:58
  I am the director of the Secret. Service is.
• 1:02:00
  Unacceptable and it's something that shouldn't happen.
• 1:02:03
  Again. Yeah, but I'm not going to
• 1:02:04
  resign. Gunman Thomas Matthew Cooks,
• 1:02:08
  wounding the former president and three others before a Secret
• 1:02:10
  Service counter sniper took him out.
• 1:02:12
  I'm being told that the the shooter was actually identified
• 1:02:17
  as a potential person of of the suspicion unit started
• 1:02:21
  responding to seek that individual out.
• 1:02:24
  Unfortunately, with the rapid succession of how things
• 1:02:27
  unfolded, by the time that individual was eventually
• 1:02:29
  located, they were on the rooftop and were able to fire
• 1:02:33
  off at the former president. ABC News now learning that
• 1:02:36
  heavily armed local police were actually stationed inside the
• 1:02:38
  building the gunman climbed but they missed him.
• 1:02:41
  But their town officials confirming that after they
• 1:02:43
  became aware of the threat, a local police officer climbed up
• 1:02:45
  to the roof and confronted crooks but did not succeed in
• 1:02:48
  stopping him. What was your reaction when you
• 1:02:50
  saw the events unfold on Saturday?
• 1:02:52
  Shock and then concern, obviously, for the former
• 1:02:56
  president. Investigators now trying to
• 1:02:57
  determine whether roof access had been properly locked down.
• 1:03:00
  The shooter climbing up seemingly unimpeded about 400
• 1:03:03
  feet from the stage with a Direct Line of sight on the
• 1:03:05
  former president. Should that roof have been
• 1:03:07
  secure? Period.
• 1:03:08
  That building in particular has a sloped roof at its highest
• 1:03:11
  point. And so, you know, there's a
• 1:03:13
  safety factor that would be considered there that we would
• 1:03:15
  want to put somebody up on a sloped.
• 1:03:16
  Roof, could you go back? Could you pause that?
• 1:03:19
  Could you pause that? Could you go back to like the
• 1:03:21
  image of the of the Secret Service service guy?
• 1:03:24
  Oh yeah, I got. I got all of this.
• 1:03:26
  It's Yeah, yeah. Let's add that.
• 1:03:28
  We could go on. Let's just keep going.
• 1:03:29
  We we heard the ridiculous answer here.
• 1:03:32
  So it was like, we're like we're.
• 1:03:34
  What's the problem? A slope roof.
• 1:03:36
  The most convenient shooting spot ever, 140 yards away.
• 1:03:41
  Let's see, can I pull it out real?
• 1:03:44
  Quick like, like the most convenient spot ever.
• 1:03:48
  Like literally Direct Line of sight.
• 1:03:51
  Like yeah, there it is. There it is like.
• 1:03:53
  Investigators now trying to determine whether roof access
• 1:03:55
  had been properly locked down the shoe through climbing up
• 1:03:58
  seemingly unimpeded about 400 feet from the stage with a
• 1:04:01
  Direct Line of sight from the. And the excuse of the slanted
• 1:04:04
  roof. Like excuse me, like I remember
• 1:04:07
  what happened in 2008, OK? Like I remember, like there's a
• 1:04:11
  lot of things that have happened.
• 1:04:12
  Like at this point, they're just like, trust me, bro.
• 1:04:15
  Like forgive me, I just, I just don't.
• 1:04:17
  What you just do? The excuses themselves are
• 1:04:20
  suffering from inflation and now well in good Opti fashion on
• 1:04:24
  this show, good simply Bitcoin fashion, we are getting our news
• 1:04:28
  from memes. You know, we're we're Internet
• 1:04:30
  extremists and it's somehow the memes and Twitter has better
• 1:04:33
  news than what's coming out of the social media or the legacy
• 1:04:36
  media and. That's the signal exactly all.
• 1:04:39
  Right there. So let's look at some of these
• 1:04:40
  memes, Jack for Sobit. Make it make sense they couldn't
• 1:04:44
  get security officers at Secret Service on there because of bad
• 1:04:48
  slope yet there's a sniper literally on a good slope.
• 1:04:52
  Like what? What is going on?
• 1:04:53
  This makes no sense or moving forward.
• 1:04:55
  You know, hot or not. Roof too slow for Secret Service
• 1:04:58
  to secure but not too slow for FBI to hose away any technical
• 1:05:01
  or forensic evidence. Casually and fully unsecured.
• 1:05:05
  Probably nothing. Or lure Laura Loomer, you know,
• 1:05:08
  conservative pundit. A literal cow on a slanted roof
• 1:05:12
  of walking her up. Like what?
• 1:05:14
  Is going on here it's absolutely incredible that this is what the
• 1:05:17
  legacy media is rolling out as like a good excuse for why they
• 1:05:21
  didn't secure a presidential candidate rally like this is
• 1:05:26
  Banana Republic type stuff we we've seen this play out for a
• 1:05:29
  while you know we saw this play out in the past with JFK like
• 1:05:33
  the excuses are absolutely incredible and you know a couple
• 1:05:36
  more memes I really like this one from Rothmans you know this
• 1:05:39
  is the Galaxy brain meme where the evolutions of the Galaxy
• 1:05:43
  brain memes we got it was a lone gunman barely anything going on
• 1:05:46
  the brain it was because of government incompetence.
• 1:05:48
  Some things are going on in the brain.
• 1:05:50
  It was because the government wanted to take Trump out like
• 1:05:53
  some more light going on and then the ultra mega fully turned
• 1:05:56
  on view is the government wanted to take Trump out but couldn't
• 1:05:59
  do to incompetence. And this is my favorite way to
• 1:06:02
  frame what's going on because I think we're seeing in real time
• 1:06:06
  that the bureaucratic state, the deep state, whatever you want to
• 1:06:09
  call it, is actively was actively trying to take out
• 1:06:13
  Trump. We've seen then try to do it
• 1:06:14
  with law fair with the courts and now we're gone full blown
• 1:06:17
  JFK where they try to assassinate the the seemingly
• 1:06:20
  next president. And and to make this all worse,
• 1:06:23
  we covered this on Monday. The spin that we saw come out of
• 1:06:27
  the legacy media, the corporate Press of you know what was it
• 1:06:31
  like Trump falls after loud noises heard is absolutely
• 1:06:34
  incredible. Well, look what CNN is is is
• 1:06:37
  rolling out now and shouts at the bow tied Ranger.
• 1:06:40
  He goes we're officially reached the blame the country the US
• 1:06:43
  government wants to bomb the most phase of the cover up and
• 1:06:45
  the headline from CNN is Secret Service ramped up security after
• 1:06:48
  receiving Intel of Iranian plot to assassinate Trump.
• 1:06:51
  No, no, some connection to shooting the the excuses are
• 1:06:56
  suffering from inflation themselves.
• 1:06:58
  And then just to put a bow tie on this, check out this.
• 1:07:03
  And as a former government official, government's going to
• 1:07:06
  kill this guy. And the donor class can't just
• 1:07:08
  sit back on the sidelines and say, oh, well, don't worry, this
• 1:07:11
  will all work itself out. They're still going to have to
• 1:07:13
  go out and put a bullet in Donald Trump.
• 1:07:15
  And that's a fact. You take on the intelligence
• 1:07:17
  community. They have six ways from Sunday
• 1:07:19
  at Getting Back at You. Just pure, pure programming of
• 1:07:24
  where things were headed. Absolutely incredible.
• 1:07:27
  Like it if you still don't think that there's some fishy stuff
• 1:07:31
  going if we can't even acknowledge and question that
• 1:07:33
  some fishy stuff is happening when we see all of this play
• 1:07:35
  out. Like I don't get what like.
• 1:07:38
  It's completely lost in the sauce, guys.
• 1:07:42
  I, I Opti and I, I play good cop, Opti plays bad cop.
• 1:07:46
  And I and I always try to take, give the benefit of the doubt.
• 1:07:49
  I try to be inclusive and I try to like not be conspiracy
• 1:07:53
  because I'm like, OK, the Overton window.
• 1:07:54
  It's important. We have to stay relevant.
• 1:07:56
  You know, it's like we have to stay in the in the middle.
• 1:07:58
  Like we can't say too crazy shit, but like, come on, bro,
• 1:08:05
  come on, dude. Like it's a little weird.
• 1:08:09
  It's just a little weird. Like like they're saying it like
• 1:08:13
  the, the thing. There's this other, there's this
• 1:08:16
  other absolutely hysterical, you know, like what the security
• 1:08:21
  perimeter was during the during speech, which was hilarious.
• 1:08:27
  Pac-Man, the Pac-Man, Zoom in on it.
• 1:08:29
  Zoom in on it. Like come.
• 1:08:32
  On click, click the photo. Yeah, there you go.
• 1:08:35
  Like like, OK, we're gonna this is the Secret Service security
• 1:08:39
  perimeter. This is the perfect roof with
• 1:08:41
  the per. And we're just oh, no, no, no,
• 1:08:44
  no, no. That, that that's excluded from
• 1:08:46
  the security perimeter. And the reason that we didn't
• 1:08:48
  have people there, it's because that's a sloped roof.
• 1:08:51
  Man wouldn't. Let us just like there's a
• 1:08:53
  sloped roof where like the actuals like a dude.
• 1:08:58
  Guys, I don't know what to say. Like I'm sorry, I'm like, I'm
• 1:09:01
  sorry. I just don't know what to say.
• 1:09:03
  I don't know what to say. Like it's like, can we know for
• 1:09:08
  sure? No.
• 1:09:11
  Does it look suspicious? Yes.
• 1:09:13
  I love Elon's take, which is like the best was best one,
• 1:09:17
  which is like this is either extreme incompetence or
• 1:09:21
  maliciousness and they kind of overlap like it starts to
• 1:09:25
  overlap in a little bit. Well.
• 1:09:27
  Just to add to that, Nico, like This is why we bring stuff up
• 1:09:31
  like this on the show and we will continue to bring stuff up
• 1:09:33
  on this is because, you know, the meme of late stage Fiat, I
• 1:09:37
  think is defined by just sheer incompetence from the state
• 1:09:41
  because it's so detached from reality that no one knows what's
• 1:09:44
  going on. They're just throwing and you
• 1:09:46
  know, fake money at fake problems and you get really,
• 1:09:49
  really bad outcomes. And this is where we are right
• 1:09:53
  now. This is why it's so important to
• 1:09:54
  cover this stuff. This is why Opti will probably
• 1:09:56
  get cancelled soon. Like it is what it is.
• 1:09:59
  We got to do our duty and cover the madness of clown world.
• 1:10:02
  And if this isn't one of those moments that wakes people up to
• 1:10:05
  the fact that corporate press is pure propaganda and and that the
• 1:10:09
  institutions themselves are crumbling in real time.
• 1:10:11
  And This is why you need to protect yourself and buy
• 1:10:13
  Bitcoin. I don't know.
• 1:10:15
  I literally it's going to be hard to top some some stuff like
• 1:10:18
  this to open people's eyes. Like it's literally the neo meme
• 1:10:21
  again. Why do my eyes hurt?
• 1:10:23
  Because you've never used them before.
• 1:10:25
  And so, you know, the, the madness that we're going to have
• 1:10:29
  to experience as Bitcoiners and as people that that aren't
• 1:10:32
  afraid to talk about the truth is going to only increase
• 1:10:35
  exponentially. But This is why we got to, you
• 1:10:38
  know, stick on our principles and our morals and be like, yo,
• 1:10:40
  like we're independent news. We're going to cover this from a
• 1:10:44
  Bitcoin perspective. There's a lot of crazy stuff
• 1:10:46
  going on. And it's really seems like
• 1:10:49
  Bitcoiners aren't the only one that really see what's
• 1:10:51
  happening. And we're the only ones that
• 1:10:53
  have a solution. It is stacking Bitcoin.
• 1:10:56
  Yeah, Bitcoin fixes this. Like Bitcoin fixes this.
• 1:10:59
  We're going to continue to highlight Clown World and it
• 1:11:02
  seems like you guys liked it. You know, the live stream
• 1:11:05
  viewers are, are, are hating all time highs in terms of the live
• 1:11:08
  stream. So we're going to continue to
• 1:11:10
  cover clown world, not from the conservative perspective, not
• 1:11:13
  from the liberal perspective, but from the bitcoiners
• 1:11:16
  perspective. And we have a solution to this.
• 1:11:18
  It's called Bitcoin. It's called the separation of
• 1:11:21
  money in state. Separation of money in state
• 1:11:23
  ends the clown world. It ends the insanity.
• 1:11:26
  Yeah, like, I'm sorry, guys. Like, yes, you know, during the
• 1:11:34
  elite's cool age, like, like, you know, yes.
• 1:11:38
  Epstein's jail cell, you know, the camera was shut off.
• 1:11:41
  The security guards weren't there.
• 1:11:43
  Like, did he kill him? So I don't know.
• 1:11:46
  But very convenient. Just like all of that.
• 1:11:48
  Extremely convenient. Pac-Man.
• 1:11:50
  Convenient, right. Like, come on, dude.
• 1:11:54
  Like it it. It's just like, like, clearly
• 1:11:58
  this is coming. They've pushed this to such an
• 1:12:01
  extent, they've pushed this to such an end that they've
• 1:12:06
  betrayed the trust of the people where we no longer believe them
• 1:12:12
  anymore. Right, and that's why they're
• 1:12:14
  freaking out. And that's why they're freaking
• 1:12:16
  out. Like when the legacy media is
• 1:12:18
  telling you that Trump tripped and the Secret Service took him
• 1:12:22
  off stage and they, like, omitted the fact that it was an
• 1:12:27
  assassination attempt. Like that's a problem, right?
• 1:12:31
  Like that's an issue. That's why we don't believe you,
• 1:12:34
  right? You know, this is the same FBI
• 1:12:37
  that told Twitter to take the Hunter Biden story off because
• 1:12:42
  it was Russian, Russian misinformation.
• 1:12:44
  Like it's the same, it's the same institution.
• 1:12:47
  Like we just don't believe them anymore.
• 1:12:49
  Now, again, this isn't crazy. Like this idea of, of this
• 1:12:54
  uncontrolled bureaucratic administrative state, what's
• 1:12:58
  really, what you're really seeing is a bloated system
• 1:13:03
  because of the fact that they don't have to, they don't
• 1:13:09
  produce anything. They're they're not accountable.
• 1:13:11
  They have a money printer. If you're a business, if you
• 1:13:15
  aren't competent, you go out of business.
• 1:13:19
  You, you, you literally go out of business.
• 1:13:21
  So that forces you to be competent if the government
• 1:13:25
  makes a mistake. You heard the lady, we are
• 1:13:28
  responsible. But I'm going to stay in the job
• 1:13:35
  and like those slope roofs that a fucking cow could conquer.
• 1:13:40
  Like too dangerous, right? Anyways.
• 1:13:44
  Wait, wait, one last thing. Bitcoin fixes this.
• 1:13:47
  The separation of money and state fixes this.
• 1:13:49
  This is insanity and. Can I just bring this back to
• 1:13:53
  home for us, Nico? It's like for us, if we don't
• 1:13:56
  put out good content that you guys love and that is on the
• 1:13:59
  truth, we won't have a show like we we're playing on different
• 1:14:03
  rules here for, you know, independent content creators
• 1:14:06
  versus the legacy media like they're just still getting paid
• 1:14:09
  even though they're blatantly lying.
• 1:14:11
  And here, if we are not entertaining, we don't hit you
• 1:14:14
  guys with the the solid news. What we think is the news and
• 1:14:16
  the real, real takes going on, we won't have viewers.
• 1:14:19
  And like this is the divide that we're seeing happen in real
• 1:14:23
  time. It's absolutely incredible this
• 1:14:25
  it is. I hate using the meme, but the
• 1:14:27
  four turning happening in real time.
• 1:14:29
  You guys are the frontline soldiers in the Internet meme
• 1:14:32
  warfare that we're seeing and C play out in real time.
• 1:14:35
  And the powers that be, once they get desperate, are going to
• 1:14:38
  do incredibly incredible, incredibly insane things because
• 1:14:43
  they're going to do anything they can to keep themselves in
• 1:14:45
  power and make sure that they control the money printer.
• 1:14:48
  And this is what's happening. This is why this is a Bitcoin
• 1:14:51
  issue at large. That's what it's about.
• 1:14:53
  Fundamentally, that's what it's about anyway.
• 1:14:55
  Nico, before you wrap up, one thing, one last PSA guys.
• 1:14:58
  I did do a poll on today's episode about if you guys are
• 1:15:01
  running a node and absolutely incredible results here.
• 1:15:04
  So it's simple. Are you running a Bitcoin node
• 1:15:06
  to verify your own transactions? 305 of you voted and 70% of you
• 1:15:11
  guys aren't running your own node.
• 1:15:13
  We got to get those numbers. Up.
• 1:15:15
  You don't need to buy yourself a start 9A node standalone node.
• 1:15:19
  But no, what I'm saying is like get you can literally get a
• 1:15:21
  ThinkPad and flash start OS onto it.
• 1:15:24
  But that's like most people just like bro, look, look, guys, run
• 1:15:28
  a node. It's super easy.
• 1:15:30
  Go to start9.com right now, use promo code.
• 1:15:33
  Go to use promo code, simply Bitcoin get 9% off.
• 1:15:38
  Remember, if you're not using, if you're not running your own
• 1:15:41
  node that's connected to your own Bitcoin wallet, you're
• 1:15:44
  trusting someone else's, you're trusting someone else's copy of
• 1:15:47
  the blockchain, right? So if you really want to be
• 1:15:49
  sovereign, don't trust anyone, Just trust yourself, run your
• 1:15:54
  own version of Bitcoin, right? So Opti went for the more
• 1:15:58
  technical level, which is like, you know, build your own well.
• 1:16:02
  It's really like if money is an issue there's ways to route
• 1:16:06
  around it and it's not going to be too difficult.
• 1:16:08
  But if you don't care, buy yourself a start 9.
• 1:16:11
  Yeah, they have some, they have a, they have a, a cheaper
• 1:16:15
  options on start 9, which are incredibly great.
• 1:16:18
  You know I'm. Only saying that Nico cuz Matt
• 1:16:20
  Hale wants me to continue to tell people it's not about the
• 1:16:24
  start nine node, it's about the start OS operating system.
• 1:16:28
  So if money is an issue, flash yourself the O the operating
• 1:16:32
  system start OS which is. Free.
• 1:16:34
  Which is free and standalone nodes are pretty much just to
• 1:16:39
  continue, you know, getting, getting the start OS production
• 1:16:43
  out there. But the start OS is is I think,
• 1:16:46
  you know, I'm biased here, but it's it's the best node out
• 1:16:48
  there. So like, yeah, if money isn't an
• 1:16:50
  issue, get yourself a start 9 standalone node.
• 1:16:54
  But if money is an issue, then you can simply download, you
• 1:16:58
  know, Bitcoin Core on an old laptop or get yourself start OS
• 1:17:01
  on an old laptop. Like money shouldn't be the
• 1:17:04
  issue here for you guys running a node.
• 1:17:05
  It's just going to take you a little bit to do it.
• 1:17:07
  But if money's no issue, get yourself a start Nine OS, yeah?
• 1:17:11
  Exactly, you know you have a couple $100 to spare, totally
• 1:17:14
  worth the investment. Go to start9.com.
• 1:17:17
  You can use promo code simply Bitcoin.
• 1:17:18
  You get 9% off and yeah, run a note like.
• 1:17:23
  You have to run a note to verify the transaction.
• 1:17:25
  That's yourself. That's so crazy.
• 1:17:27
  Someone's saying Umbro. Yeah, Umbro's good.
• 1:17:30
  I I think start nine is the best, I think the the best
• 1:17:33
  operating system in my opinion in terms of of of of nodes
• 1:17:37
  because has other functionality too like it's it's a cloud
• 1:17:40
  server. So essentially you're hosting
• 1:17:43
  all your data, right? Check out the interviews with
• 1:17:47
  with Matt Hill. He goes more into details about
• 1:17:49
  that. But yeah, get yourself a start 9
• 1:17:51
  promo code simply Bitcoin. Anyways, guys, that was our show
• 1:17:54
  for July 17th, 2024. I'm your host Nico's my Co host
• 1:17:58
  Optimus fields. We're simply Bitcoin live.
• 1:18:00
  We'll be back tomorrow for a brand new episode.
• 1:18:02
  Until then, take care of everybody.
• 1:18:03
  Stack sats, get yourself a node. God damn 70.
• 1:18:07
  Percent, 70%, you got to watch this everyday.
• 1:18:09
  We got a node. OK, All right, everybody, peace
• 1:18:12
  out. So it was brought to you by
• 1:18:16
  bitcoinwell.com on a mission to enable independence.