Latest / Simply Bitcoin / El Salvador to MINE Bitcoin with VOLCANO ENERGY?! | EP 751

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El Salvador to MINE Bitcoin with VOLCANO ENERGY?! | EP 751 · Simply Bitcoin

0:12
Yeah. Well it was a little bit coin
0:13
live where a number one source for the peaceful Bitcoin
0:15
Revolution car breaking news culture matter Warfare will be
0:17
your guide through the separation of money and state.
0:20
Holy cow more breaking news coming out of El Salvador, it's
0:25
official El Salvador is going to use volcanic energy to power
0:30
Bitcoin miners. Holy cow.
0:31
Also no other breaking news which are not going to cover
0:33
today by Nance sued by the SEC for selling a unregistered
0:41
securities. These are going to cover that
0:42
tomorrow. Today we're going to focus
0:43
mostly on the El, Salvador news, which my opinion I think is more
0:47
of more of a piece of news. I think the by Nance thing was
0:51
in an inevitability. I'm kind of like coming from the
0:57
school of thought of like what took them.
0:59
So long, we know we've gone over many times on the show.
1:03
In fact, we've dedicated entire episodes.
1:06
Gary Gensler has gone out literally to say in an article
1:11
that he For a magazine or publication New York literally
1:15
said everything other than Bitcoin is a security, right?
1:19
So obviously I don't think this would have happened without the
1:22
FTX blow up but I think it's inevitable and I think the days
1:26
of 2017 where a lot of these exchanges could just, you know,
1:30
plop up and you know, sell all these quote-unquote kryptos and
1:34
I cos, I think those days are over.
1:37
I think we're kind of heading into this Uncharted.
1:41
Story where governments are really really going to start
1:44
clamping down on the industry. Now I'm just wary that, you
1:49
know, Bitcoin kind of gets cross caught in the cross fires but
1:53
maybe I'm just a paranoid Bitcoin or thinking that.
1:55
But anyways, back to El Salvador, absolutely bullish
1:58
news Max and Stacey were tweeting about it this morning,
2:02
we're going to cover some of the, you know, the official
2:05
press release that came out and we're going to we're going to
2:07
dig through all of that. But before we start the show, I
2:10
want to bring up by legendary coach.
2:11
I was always optimistic. I don't update.
2:13
What's up, dude? Doing absolutely wonderful today
2:16
on this beautiful Monday Nico? You know, just just living the
2:19
dream, bro. And today, we asked it
2:22
backstage. Having a good conversation with
2:23
our guest today and I think you guys are going to really.
2:26
Yes. Well, hold on.
2:28
I want to give you some context here.
2:30
You guys keep telling us that you love hearing people's
2:33
Bitcoin stories, their Journeys, have what they think about
2:35
Bitcoin. And so, of course, we're going
2:38
to continue to bring people on the show from the biggest.
2:41
Names to the everyday Bitcoin. ER, and just just continue to
2:46
beat that signal, win the hearts and minds of the masses out
2:48
there because people need to relate to the Bitcoin Journey.
2:52
It's not necessarily about just giving them the facts about what
2:54
Bitcoin does for them to live a better life.
2:57
And I had the combo I was having with our guest today.
2:59
Alejandro, BTC on Twitter, I think it's going to be a good
3:04
good culture segment for you guys today.
3:06
So, let's bring them in Nico. This is going to be an epic day.
3:09
How you doing Alejandro? I'm doing fantastic brother.
3:12
How you guys doing? Hey, good to see you.
3:15
Happy to have you on the show, bro.
3:17
Thank you. I'm very happy to be part of
3:19
today's show, so let's let's do it.
3:21
Yeah man. Let's, let's jump straight into
3:23
the show. We got a lot to talk about.
3:25
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U.s. dollars realized monetary inflation 1.76 percent and the
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5:10
Anyways, I have a video for you guys, but first I want to play,
5:14
I want to read this. This is something that we talked
5:17
about a lot, what the f happened in 1971, what the consequences
5:22
are of Fiat, money, what they do.
5:25
Due to the, you know, to the average everyday person and I
5:29
think this is, you know, sometimes there's no better
5:31
example than a visual, right? So it says during the last four
5:35
decades, since 1983 total wages in the US, have grown from 1.56
5:40
trillion to nine, point seven trillion or six point two x.
5:44
Meanwhile, the market value of the Wiltshire 5,000 index has
5:48
grown 72x from five hundred ninety billion dollars in Eighty
5:52
three to forty two point five. Dollars today.
5:56
So this is total wages wages have increased from 1983.
6:00
To now about six point two times, the market, the stock
6:04
market has increased 72 times. Now what are the consequences of
6:08
this? The consequences is like the
6:09
vast majority of people. They don't have their wealth in
6:12
the stock market. It's a, it's a minority of
6:14
Americans right there. Living paycheck-to-paycheck,
6:17
meaning their life, depends on their wages increasing.
6:22
But, you know, if the stock market has increased 72 times
6:26
in, you know, in that time period.
6:28
That means that the wealthy or the people that do have the
6:30
means to save and assets, they have gotten significantly
6:34
wealthier. That's why the wealth the the
6:36
wealth inequality has never been as high as it is today in the
6:39
US, if your terms, you know, rightly?
6:42
So from from the youth, right, you know, the rich get richer,
6:44
the poor get poorer. Of course, bitcoiners know that
6:47
this is this, this isn't necessarily because of
6:49
capitalism because the economic system is broken, this is
6:53
because This is because, you know, the the, the, the money's
6:57
broken right. Fiat money is the cause of this.
7:00
Every time they print money, it's a wealth redistribution
7:02
mechanism from the lower and middle classes that don't have
7:05
the means to save and assets to the wealthy Elite and also the
7:10
government, right? So this is the cause of this and
7:12
I also have a, you know, a cool clip for you guys, you know,
7:16
clip from the past a blast from the plastic.
7:20
And I guess the lesson of this clip is don't sell your Bitcoin.
7:23
Let's check it out. Right here, watching history
7:28
being made. Bitcoin is now up to a hundred
7:31
and eleven dollars. It's all time high and it's
7:37
continuing to rise. I've seen him break three times
7:39
a day. Went up to 110 and this is the
7:41
highest that it's been through. Dick ulis.
7:47
Last trade, 189 Bitcoin for $111 piece.
7:52
That's that's, that's amazing to me.
7:55
We just look at this graph. You see this graph?
7:56
That's the last three hours. Give me a second.
7:59
I'll switch it up. So it's absolutely Bonkers
8:03
talking about a hundred dollar Bitcoin, look back on that today
8:07
and you're just like, where was I in this moment, why why didn't
8:10
I know what was going on? But yeah, it's just it's just
8:15
crazy and I know that in about a decade or so same things going
8:20
to happen, right? You know we're going to look
8:23
back and we're going to look at 25,000 786 Bitcoin.
8:27
The $786 Bitcoin me like holy cow.
8:31
I had this opportunity to get in, you know, Michael Saylor
8:34
says the best, right? It's going up forever, Laura
8:36
anyways, Opti, what's your take on this brother?
8:38
Well, first off, I wanted to comment on that video.
8:42
What $111 per Bitcoin when was that, like 2013 or something
8:48
like that. And we are in 2023 and now we
8:52
are at 25-thousand Dollar Bitcoin and people still think
8:58
that Bitcoin doesn't have space to run.
9:01
He couldn't be me. Can't relate.
9:03
Anyways before I continue to rant on that little video.
9:07
I really like that visuals that you pulled up Nico because it's
9:10
a great representation of what we talk about here on the show,
9:13
all the time of the wealth transfer that we've seen in
9:17
America, or in the modern world. And it's from the average
9:20
everyday person to the wealthy people that can buy assets, and
9:24
it just continuously shows, and we continuously bring the
9:27
receipt to show that your wages have not kept up with Inflation
9:32
and obviously, we know what the problem.
9:34
The fundamental root problem is, is they continue to print more
9:37
money and those that hold onto the assets, get richer?
9:41
What do we always say? Here, the rich get richer while
9:44
the poor get poorer, and this is why there is such a huge wealth
9:48
distribution or disparity in, not only America, but in the
9:51
modern world, and this is why Bitcoin is the perfect asset for
9:55
everyone because I mean Alejandro.
9:57
And I were talking about this before the show, like everyone
9:59
has the opportunity to save a little bit in Bitcoin.
10:02
It's as my friend Surfer Jim says, you know, just put your
10:05
beer money into Bitcoin, just the 5, 10 15, 20 100 dollars
10:09
here and there over time, saves up, it Stacks up and you are
10:14
starting to build a nest egg. And as the world starts to get
10:17
repriced in sets, your net worth and your savings will go up and
10:21
everyone has that opportunity and you don't need to buy a
10:24
whole coin. You know, we talk about all the
10:25
time you can buy as little as a dollar but obviously you want to
10:28
buy as many sets as possible stack as many sites as possible.
10:31
You have the Greatest opportunity right now and I
10:33
think as we are seeing in that little video as well, everyone
10:38
thinks that they've missed the Bitcoin bus, you know, once the
10:40
price starts running human psychology, super weird, the
10:43
price goes up and you're like, oh I missed it and then it goes
10:46
up even higher and you're like, oh no, I'm gonna wait till it
10:49
dips. And then it goes up, even
10:50
higher. And you're like, oh my God, I
10:52
need to get some before I can never buy it at this price.
10:55
And I think we are going to be seeing that for play out for the
10:58
next year or two and it's just going to keep Replaying over and
11:02
over and over again. But you have the opportunity to
11:05
stay humble stack SATs, get that DCA going.
11:07
Or if you have a, you know, if you have balls of steel is then
11:10
you just go all in Saving Bitcoin and enjoy the roller
11:13
coaster ride. Yeah.
11:14
Right. They don't call the Bitcoin
11:16
roller coaster for no reason. Anyways, I'll handle, what's
11:18
your take on this, bro? Well, in regards to the post,
11:23
just like you said, you know, very often.
11:26
Why are we supposed to use a money?
11:28
That's hear from you right? It makes no sense.
11:31
This is like it doesn't matter how hard you work or her smart,
11:34
you work, you are swimming against the current, right?
11:37
You are running Against the Wind.
11:39
So the easiest way out is to just not play that game anymore.
11:43
Just stopped a completely and, you know, provide value so that
11:48
you can, you know, save enough form of money that does not
11:52
steal from you. You know, very simple and in
11:55
regards to the video, I actually have feel kind of jealous about,
11:58
you know, know that guy. Being so early in the game you
12:02
know Bitcoin. Yeah dude I mean I think we all
12:06
do. I think we all kind of feel that
12:08
way right where it's like holy cow but it wasn't so obvious
12:12
back then and I still think you know like a silver lining.
12:16
I still think I still think it's not that obvious for the
12:19
majority of the world today, you know?
12:22
So anyways you just is a it's a crazy day.
12:26
Also, a lot of people in the chat talking about by Nance.
12:28
I don't know Opti. Should we talk about Finance
12:30
during the news? No, not unless you unless you
12:33
got all the receipts here, I don't know, do what you want to
12:35
do? We could have it live, whatever.
12:37
I mean we do it live. I will mention.
12:44
It will mention. It will mention.
12:45
It will mention it. Anyways, everybody, let's get to
12:48
news. We got a lot to talk about.
12:49
Let's check it out. The Daily News, The Daily News
12:57
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download the orange plop and opting, I do appreciate all the
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through them. Anyways, man.
14:23
Because of popular request in the live chat we will cover
14:27
this. This just came out about an
14:29
hour, listen hour before the show SEC, Sue's crypto Exchange
14:34
Finance, CEO Chang pings out over multiple Securities
14:38
violation allegations that the SEC sued crypto Exchange
14:43
Finance. The operating company for
14:44
finance dot U s-- and finance founder, CEO Wang.
14:47
Zhao on allegations of violating secure Federal Securities laws,
14:50
on Monday, Finance Finance, dot, U s-- and Easy offered
14:54
unregistered Securities to the general public in the form of
14:56
the BMB token and by Nance linked BS U BS.
15:00
UD stable coins said the suit, which also alleges that by Nance
15:04
taking service violated Securities Law.
15:06
There are similar charges against be am trading the
15:09
operating company for finance that us and finance itself
15:12
including failure to register as a clearly as a as clearing
15:16
agency failure to register as a broker and failure to register
15:19
as an exchange. The SEC, also allege that
15:21
Finance allowed for commingling of Of customer funds.
15:24
That's easy was secretly controlling finance that us and
15:27
that acz owned and operated entity was inflating by Nance
15:32
dot. U, s-- is trading volume, the
15:33
suit. Also alleged multiple times that
15:35
Finance allowed us persons to trade on its platform despite
15:39
saying it wasn't cool. As a second part of Zales and
15:43
finance plan to Shield themselves.
15:45
From u.s. regulation, they consistently claim to the public
15:48
that. The by Nance.com platform did
15:49
not serve us persons while simultaneously concealing their
15:53
It's to ensure that the most valuable us customers continue
15:56
trading on the platform, the suit said, when the by Nets that
15:59
u.s. platform launched in 2019, Finance announced that it was
16:02
implementing controls to block u.s. come customers from the
16:05
finance.com platform. In reality by Nan, said the
16:07
opposite zal directed by Nancy to assist certain, high-value us
16:12
customers and circumventing those controls.
16:14
And to do so sir Panda to asleep because as Zhou himself
16:18
acknowledged, by Nance did not want to be held accountable for
16:21
these actions. The SEC has also alleged that a
16:25
number of other tokens including the native tokens for Solana
16:28
cardano. Polygon Cote, algrim,
16:31
blockchains file coin, and Cosmo sandbox acts infinity and
16:35
decentralized are securities. That's a big effing deal command
16:39
going and diverting funds by Nance and it's poor financial
16:42
controls. Meant that customer funds were
16:43
diverted, including potentially for personal uses the suit said
16:47
murk Peak limited a market maker previously tied to Zhao had
16:51
access to billions of US dollars.
16:53
Hours of customer funds while Sigma chain.
16:55
Another CZ controlled entity received nearly 200 million from
16:59
bam trading and a bam, trading custody account, lacking, quote
17:03
lacking a regulatory oversight. Defendants were free to and did
17:07
transfer investors crypto and Fiat assets as defendants please
17:10
at times. Come in Glee and diverting them
17:12
in ways that properly registered Brokers dealers exchanges and
17:16
clearing agencies would not have been able to do Sigma chain also
17:20
bought a yacht for 11 million dollars from the account.
17:23
That had access to customer funds.
17:25
According to the suit, sees the owned 100% of an entity called
17:28
CP Z Holdings Limited which in turned owned, 100% of band
17:33
Management Company Limited which for its part owned 81% of band
17:37
management. U.s.
17:38
Holdings with the remaining Equity going to seed investors
17:41
and former employees. Bam management.
17:43
Us was the parent company to Bam trading Services which in turn
17:47
operates by Nance dot U s-- the SEC revealed internal struggles
17:51
u.s. CEOs had with cesium Top by
17:53
Nance officials controlling the US operations, despite
17:56
assurances of Independence, the US operations complained of
18:00
shackles that demanded. Its managers get approval from
18:03
the global company for basic functions.
18:06
Dude, this is absolutely freaking nuts.
18:10
Yeah, I just think that specifically shit coin trading
18:13
in the u.s. is never going to be the same.
18:16
Like, it was in 2017 and its Heyday, I think those days are
18:19
done and dusted. I think that FTX thing like
18:22
started the The train. Now here's the thing though
18:25
right? I think a lot of these shit coin
18:28
change exchanges as is as has already been shown with Gemini.
18:33
They're just going to go overseas.
18:35
They're going to they're going to keep doing that.
18:37
Now the thing is though that the you know a good portion of the
18:41
world's wealth is in the u.s., right?
18:43
So the fact that they're using losing, the US market is a big
18:46
deal. We've already seen bitrex, go
18:48
under yeah. And remember what Gary?
18:51
Gensler said as well, right? He said, he believes that the
18:53
Only cryptocurrency that is not a security is Bitcoin.
18:57
And I think that's the signal here is this going to translate
19:00
to more people going into Bitcoin now that these you know
19:03
these shit coin funnels or you know out of the way another.
19:07
I think important discussion is you know, the government is
19:10
stepping in but I mean at the same time like you know because
19:14
that's like the libertarian angle but at the same time
19:17
really the shit coin industry. It's just being held to the same
19:21
standard as the Additional Financial system, right?
19:25
So, I think that, you know, a lot of the shit coining that,
19:29
you know, a lot of people have been getting away with for many
19:31
many years in this industry. I think those days are coming to
19:35
a close. And I think that is what this
19:38
represents. That's what I'm seeing here that
19:41
this is a massive freaking deal. This is a, this is a really,
19:44
really big deal. We see Gemini kind of moving.
19:47
We see, you know, we exactly, you know, get your funds
19:50
off-exchange, if you have your money and you know, in a shit
19:52
coin exchange For whatever reason, you know, now would be a
19:55
great time to to get it off. But anyways, Opti, what's your
19:59
take on all this? This is some crazy stuff and
20:02
we're not even we haven't even gotten to the volcano bonds yet.
20:06
Yeah man. I mean look as you said
20:09
obviously as a Bitcoin ER I kind of come from the libertarian
20:12
standpoint as well. Like I don't want to see State
20:14
institutions attacking businesses and picking winners
20:17
and losers but the law is pretty clear.
20:20
The Howey test is very clear and finance and every other Shit,
20:23
coin casino has been selling unregistered Securities.
20:26
We all know, there's Bitcoin and their shit coin.
20:29
So I think this is the the time when I do the standard PSA that
20:33
I've been saying for months now, I would not want to be holding
20:37
shit coins right now and it's probably a good time to dump all
20:40
your bags and only hotle Bitcoin.
20:44
But you know we've been covering the finance Wales for a while
20:46
now and it's almost like CZ and finance and every other shit
20:51
coin casino has forgot. That Bitcoin is a public
20:54
transparent Ledger and everything is visible.
20:57
And if you know where to look, you can see where the smoke is
21:01
and the fires going on and the transparency is a features.
21:05
So you know, say what you want about shit coin, casino say what
21:07
you want about government institutions, attacking
21:10
businesses, and all this, but the transparency of The Ledger
21:13
is a feature, not a bug and hey, if you are doing things that
21:19
government doesn't like well, you know, there is some laws.
21:23
Is that we have to abide by here?
21:26
This is what the starting point where we are.
21:27
Yes, Bitcoin will change everything moving forward.
21:30
But like, there's still things going on in the world that you
21:33
just can't kind of like You know, just just route around
21:38
without them realizing hey, you are selling unregistered
21:41
Securities. The SEC is obviously been
21:44
building a case on by Nance for a while and this is probably why
21:47
they have been taking so long. Obviously they're not going to
21:53
build a case against someone without the proof.
21:55
But what did I say? Long time ago it's almost like
21:58
my name's had a very intimate understanding of what FTX
22:01
happened or what happened at FTX and I really wonder why I like
22:04
mmmm. Anyways.
22:06
You know In the in the timely fashion of if we're going to get
22:11
to the other story, have fun staying polish.
22:13
It Corners wouldn't want to be holding shit coins, drop your
22:15
bags, and hottel Bitcoin, take Bitcoin into self custody, you
22:18
should not be holding Bitcoin on in exchange for any longer than
22:21
you have to which means that right when you buy it, depending
22:24
on what you want to do with your you T, XO hygiene.
22:28
It should probably be in a wallet that you control and, you
22:31
know, shouts out to other Bitcoin is right now, cuz we're
22:34
going to get some cheap SATs right now.
22:36
So, We'll see how low this goes. We'll see how bad she Corners
22:40
make us look because they always, this is why we can't
22:43
have nice things because they just they always fuck it up for
22:45
us. Like man, I knew we had one more
22:48
leg down in us but I didn't know where it was coming.
22:51
I thought we were out at the I thought we were out of the bear
22:53
Market but hey, I guess more pain.
22:56
It's more pain. Do we offsets anyways Alejandro?
22:59
What's your? Take on all this brother?
23:01
Well I'm not unhappy about the news.
23:04
You understand finances. Been running a giant, you know,
23:09
Ponzi scheme and it needed to be addressed.
23:12
So yes, just like Opti, I would not want to be holding any you
23:16
know, shit coins at all only Bitcoins and after the exchange.
23:21
So please take your enough. You have any Bitcoin in any
23:24
exchange, get it off. Not your keys, not your coin.
23:27
Yeah, not your keys. Not your coin.
23:30
Exactly. Amen to that.
23:32
All right everybody, we gotta we gotta cover the Amo.
23:36
We'll get back to this tomorrow because it is a very big deal
23:39
when I go through everything. But I want to focus on the
23:43
breaking news that it came out of the country of El Salvador.
23:49
More breaking news coming out of there.
23:51
Let's start with Stacy. Herbert's tweets, El Salvador
23:53
keeps winning today. We get, we begin deploying the
23:56
first 250 million of a billion dollar investment committed into
24:00
Bitcoin mining. The goal is economic Liberty,
24:02
self-determination and Sovereign wealth accumulation for
24:05
generations to come And here is a pinned tweet by Max.
24:10
Keiser says it's happening. Wait is over, you know,
24:13
referring to so called Volcano energy.
24:16
Here's the official announcement goes on to say, El Salvador's
24:20
rapid progress, towards economic freedom, and self-reliance is
24:23
gaining momentum. As we harness are abundant and
24:25
sustainable natural resources to create volcano energy.
24:29
Our primary goal is to position El Salvador as a prom as a
24:33
prominent Global player in the Bitcoin mining industry.
24:36
While simultaneously promoting energy, competitiveness
24:39
diversification and Geographic expansion for the Bitcoin
24:43
Network as part of our unwavering commitment to
24:46
establishing a global Bitcoin standard with a focus on a
24:49
debt-free approach, we are constructing a pathway to our
24:52
geothermal future within the volcanic region in ratan
24:59
granting integrating solar and wind and wind projects.
25:02
We're commenced a commencing. This trend of this
25:05
transformative, Journey with the development of a 241 megabot
25:10
renewal megawatt Renewable Power Generation Park in the mid band
25:14
region of El Salvador located and it will she stay Hamlet
25:18
within the municipality of Mattapan Santa Ana the this
25:23
chosen site boasts exceptionally.
25:25
So exceptional solar and wind energy yields in the country.
25:28
The power generation capacity will be divided between 169
25:32
megawatt of photovoltaic solar. Energy and 72 megawatts of wind
25:39
energy. Resulting in an impressive total
25:41
capacity of 241 megawatts. This significant Milestone will
25:45
pave the way for the establishment of one of the
25:48
world's largest Bitcoin mining Farms.
25:50
With an initial, a computational power suggesting 1.3 x.
25:54
A hash is the total commitment for the project is 1 billion
25:57
dollars, beginning with a first investment of 250 million
26:00
bootstrapping by key Bitcoin industry, Leaders with
26:04
collaboration, from Top developers and Pictures of
26:07
renewable energy technology as well as Bitcoin mining experts
26:10
on a global scale. The government of El Salvador
26:12
will play a crucial role in the planning execution of the
26:15
initiative. Securing a preferred
26:17
participation equivalent to 23 percent of the revenues.
26:20
The investors will own 27 percent and the remaining 50
26:25
percent will be a reinvested in expanding energy production
26:28
capacity and advancing Bitcoin mining together through volcano
26:32
energy. We are blazing a trail towards a
26:34
prosperous future marked by. Sustainable energy Technology,
26:38
Innovation and Global Leadership in the Bitcoin industry mining
26:41
industry. El Salvador's of volcanoes will
26:43
shape our landscape and power our nation's transformation.
26:47
Driving, economic growth and prosperity for generations to
26:50
come. Now, what's really interesting
26:53
to me though is the fact that they're focusing initially just
27:01
on solar and wind where I would think?
27:07
You know, they would, you know, it says in the beginning, says
27:11
that to our geothermal future, which is, you know, that's how
27:15
for example. Like there's a big mining
27:16
industry in Iceland and most of that is powered by geothermal
27:20
but here specifically they were focusing on wind and solar which
27:26
I don't know, maybe this is just to get it off the ground.
27:28
I thought that part was interesting.
27:31
Now was really interesting though is that you know, at the
27:33
same time of when this drop dead, of course this was
27:36
Planned, this is not a coincidence, tether came out and
27:40
we know that tether just recently invested in renewable
27:43
energy, mining in the country of Uruguay.
27:45
Well, they just recently came out and they said, hey, we're
27:48
doubling down. We're also going to be
27:49
supporting El Salvador as well, which I find extremely
27:52
interesting. I have to cook for you guys to
27:54
check it out. Tether energy is breaking which
27:59
is not playing through my headphones.
28:02
For some reason, I was hearing it.
28:03
I heard it. You're hearing it.
28:04
Okay, hold on, I just don't want it to review ground.
28:07
We're expanding our investments and Tech collaboration Beyond
28:10
Uruguayan venturing into the land of volcanoes.
28:13
Welcome to volcano energy, El Salvador's journey toward
28:17
economic freedom gains momentum as we harness sustainable
28:21
resources volcano energy aims to position all Salvador as a
28:24
global player in Bitcoin. Writing while promoting energy
28:27
competitiveness, and diversification for the Bitcoin,
28:30
Network tether energy is participating with its
28:33
expertise. And through Capital to build a
28:35
241 megawatts Renewable. Power Generation Park, in
28:39
Mattapan, solar and wind projects, integrated within the
28:42
volcanic region pave, the way for one of the world's largest
28:45
Bitcoin mining Farms with a 1-billion dollars, commitment,
28:50
and collaboration from many industry leaders developers, and
28:54
the government of El Salvador, I know energy is shaping a
28:57
brighter future tether energy. Expands its influence as an
29:00
investor and advisor, fueling sustainable Bitcoin mining.
29:05
Join us on this transformative Journey.
29:07
As we Empower, I'll Salvador's energy, landscape and drive
29:10
economic growth tether energy leading the way in renewable,
29:14
energy development and sustainable Bitcoin mining.
29:21
Okay. So a couple things right would
29:24
maybe I read this wrong, I have no idea but so it says that
29:28
apparently of that 241 megawatt. 169 megawatt is solar. 72
29:36
megawatt is wind. Where's the geothermal?
29:40
And I think, you know, you guys noticed that isn't that like
29:43
kind of strange? That's kind of weird right.
29:48
Like so it's called Volcano energy right and there's no
29:52
doubt there's obviously volcanoes and there's obviously
29:55
geothermal capacity or capability and El Salvador but
29:58
it looks like initially out of that 1 billion dollar
30:01
investment. They're only focusing on solar
30:03
and wind and we know what the downfalls of solar and wind are
30:08
not daytime all the time and sometimes it could be cloudy.
30:11
It's not windy all the time, right?
30:15
Am I seeing things like, did I do the math wrong Opti?
30:18
Did you notice that? Well, you're not the only one
30:21
everyone in the chat is saying the same thing.
30:23
And I think it is very interesting that they are just
30:27
focusing on the solar and wind aspect of it.
30:29
So I don't know. I mean, hey, maybe this is just
30:33
the initial stages of them, rolling it out.
30:35
Like I, you know, I have no intimate details here but it
30:40
does sound good though when lava mining win volcano mining there.
30:44
Maybe it's going to take awhile. Maybe they don't have the full
30:46
instrument infrastructure, ready?
30:48
But I don't know. I think I think that's an
30:52
interesting thread that you just pulled on Nico.
30:54
Yeah, I just like it's a just, a quick observation rights volcano
30:59
energy but it's using solar and wind which maybe, I maybe I just
31:05
like, you know, it's only 250 million of that billion.
31:09
But I think it's just important questions to ask, right?
31:13
Like at the same time, right? Right.
31:15
Anyways, maybe it's because of that part of the world because
31:18
it's a volcanic area, there's more solar and wind, maybe I
31:23
read it wrong, I don't know. Look, I'm going to read it one
31:27
more time. Just to just to be very, very
31:29
clear, right? The power generation capacity
31:31
will be divided between 169, megawatts of solar energy and 72
31:37
megawatts of wind energy. Resulting in an impressive total
31:40
capacity of 241 megawatts. With a focus on a debt-free
31:53
approach, we are constructing a pathway toward Global geothermal
31:57
future within the volcanic region.
31:59
So this apparently is a pathway to a geothermal.
32:06
There we go. Bushmaster says this first Bond,
32:09
will finance real volcano energy.
32:12
Okay, so it's a pathway with the prophets of the mine, but why do
32:17
they need the profits of the mine if they have A billion
32:19
dollars. Some questions, just some
32:26
questions, some questions anyways, Alejandro, what's your
32:30
take on this program and actually on the actually read
32:33
the same thing that you that you did and like up to said, they're
32:37
probably starting off now and they'll start heading, you know,
32:40
in that direction, you know, in the near future.
32:45
Because I mean, they're using the only using a quarter fourth
32:49
of the capital that was intended for that.
32:52
Yeah. So I mean, yeah but you can make
32:54
that argument, right? So they the the rest of the
32:56
three quarters are going to be focused on geothermal but I mean
33:00
my my just my only take is like why didn't they do that
33:04
initially? Like Iceland for example is just
33:07
like it's a country as so much geothermal capability and that
33:11
was like the hot spot like initially like I remember in
33:14
2017 17 like Iceland was the place to go and so many Bitcoin
33:18
miner set up shop there. Just I mean I don't know dude
33:22
like yeah Opti. No actually I'm sorry what's
33:29
weird is that it was not disclosed you know?
33:32
At least I didn't see anything. No, in that regard.
33:35
What do you mean? What wasn't disclosed, you know
33:38
their plan, you know to implement, you know, volcano
33:42
energy? Well I mean, they say that the
33:44
it's going to be. This is like part of the future
33:46
rail, roll out towards Vulcan working towards geothermal,
33:50
okay? Energy.
33:51
But just to be very, very clear, initially this is not going to
33:56
be using geothermal capability and the reason that geothermal
34:01
in my opinion is like it's a more reliable source of energy
34:07
than wind and solar. We know what the downfalls of
34:09
wind and solar are right. Like during the day forget about
34:12
it. You have no solar energy
34:14
Battery, Technology sucks balls, and then wind there's like it's
34:19
the same thing like it's great. When there's In but then when
34:21
there's not, when it's not so great, right?
34:24
So I don't know, I don't know, I have no idea.
34:28
I don't know what to say, but that's something that I noticed,
34:31
which I thought was was it was very, very interesting, I'm sure
34:35
that they will build towards this also very, very hype that
34:38
tethers getting involved, which I think is a big deal there.
34:42
They're absolutely a huge major player.
34:45
And I don't think it's a coincidence that Max and Stacy
34:49
drop this news around the same time.
34:51
I'm tether, you know, drop this news.
34:54
I think this was a combined, no combined press release, which is
35:00
pretty fucking cool. Also, I like the fact that they
35:02
mentioned that they wanted to, you know, basically decentralize
35:08
the hash rate because the reality is that 38% of the
35:12
hatchery in just in the u.s. is not a good thing in my opinion.
35:16
So I'd love to see some of the hash rate to centralizing all
35:19
around the world. So I think that this is one Step
35:21
in this direction. I'm we're going to stay on top
35:24
of this project. See how it develops.
35:26
You know it's cool. Its initial 250 million dollars
35:30
is a lot of money. Glad to see all that hash rate
35:32
come online. The only questions that I have
35:35
is, you know, if this is true volcanic of volcano energy than
35:40
it has to be geothermal energy. That's number one, number two,
35:44
we know that wind and solar are just, they're not, they're not
35:49
consistently reliable energy source, Says, right?
35:52
So that's another thing. Like another thought that I have
35:55
about this, maybe I don't see the whole picture.
35:58
Maybe there's a, you know, A Five-Year Plan so to speak and
36:03
they're going to roll this out and maybe the geothermal is not
36:06
built out yet. Maybe this is just the foot in
36:08
the door. I think that maybe that that
36:10
press release was referring to that.
36:13
Anyways, everybody, let's get to the culture.
36:16
We have a lot to talk about, but before we get to the culture, I
36:19
want to tell you, you want to make it.
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Go to Swan.com Ira for more details and of course you could
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always send me a tweet. DM, or an orange pill.
37:59
DM. And I'll be happy to answer any
38:01
questions you might have. Anyways Opti, what are you
38:03
talking about today, brother? Well, as I tell you guys and as
38:07
you guys continuously, tell me. You guys love hearing people's
38:11
Bitcoin stories, their Journeys, the rabbit hole journey and so
38:15
we're going to talk with Alejandro about this.
38:17
He's a Bitcoin ER and so I'm going to start from the very
38:20
beginning and Alejandra. We did talk about this before
38:22
the show. So if you want to rehash some of
38:24
the stuff we talked about for the Audience by all means, You
38:28
know, well, we'll do that but we're starting at the beginning.
38:31
So, how did you find Bitcoin and why has Bitcoin become such an
38:36
important part of your life? Well, how did I find Bitcoin?
38:40
It was actually by accident. You know, I saw a video on
38:44
YouTube. I mean, I had heard about
38:47
Bitcoin previously. I just, I never paid attention.
38:50
I didn't know. It was a solution to a problem
38:54
that I had and I, we all had I wasn't looking for it.
39:00
So I just saw video, I think it was by Max Keiser and it just
39:04
opened my eyes. So I went immediately and do
39:06
some research. I found later on, I found a
39:11
Bitcoin standard, I read it. And that's actually when I
39:14
clicked and I was like, you know, what, this is, this is a
39:17
life-changing technology and it's also what, you know, a lot
39:22
of people are looking for because it doesn't matter.
39:27
Once again how hard you work or horse more you work, you are
39:31
being stolen from on a daily basis.
39:33
You're exchanging your life, your time for something that has
39:37
no value. So, you know, the words that
39:41
makes you a slave, so, if you have a money that allows you to
39:45
save, you know, your time, your purchasing power and not have
39:50
it, you know, stolen from you, that's exactly what you should
39:54
be doing, and that's pretty much it.
39:57
I read the Coin standard in English and then I read in
40:00
Spanish just to make sure I understood right because um, you
40:04
know, once again, English is not my first language.
40:07
So, you know, I'm Cuban. I came from Cuba, had to learn
40:10
the language, so I bought it in Spanish and then that's exactly,
40:14
you know, that's actually when it clicked So love it, bro.
40:18
Yeah, to the point, you like you said, you know, we're all left.
40:22
He knows here, I'm simply Bitcoin and you mentioned, you
40:25
are from Cuba, but as we were talking about in the beginning
40:29
of the show in the, in the, in the warm-up, it's very
40:32
interesting how for a lot of people that definitely need
40:37
Bitcoin. You know, that some people call
40:39
it the global south or what have you.
40:42
They still don't understand Bitcoin and I think you hit the
40:44
nail on the head when you said it's because I don't understand
40:47
what money is and this is the root cause, and this is how we
40:50
better. Orange pill.
40:51
The world is by explaining to them, what is money.
40:54
So, how'd that Journey or have that Epiphany?
40:56
Come to you? Because I feel like you and your
40:58
friends and family should understand Bitcoin instantly,
41:01
right? Yes, yes, I thought so too.
41:04
People from places like Cuba Venezuela Argentina.
41:10
You expect those people to understand Bitcoin easier than
41:14
everybody else, right? But it's actually not the He's
41:17
because the thing is that, that you will not understand Bitcoin,
41:22
unless you realize that there is a problem, right?
41:26
People feel that there's a problem, but they cannot
41:28
pinpoint, they're not aware of what's causing that problem,
41:33
right? So, and for them to be aware and
41:35
to know, they have to know what money is.
41:37
They have to know how money works and once they do, they'll
41:41
realize, you know, once. But the problem is, you know,
41:46
that the money is controlled by a selective group of people that
41:49
have the ability to create out of know, that money out of thin
41:52
air, which we have to work for. And two is that the solution is
41:57
Bitcoin, right? It's literally the only way out,
42:02
Currently more once again those people since they're they have
42:06
not taken the time to study money, to know what money is the
42:10
function of the characteristics. They're not looking for a
42:13
solution, they're just the goal, you know.
42:16
That they go on with their lives, not working, you know,
42:19
paying their bills, but they never sit down and, and, and,
42:24
and think about, you know, how to overcome, you know, that
42:28
problem does affecting, you know, a billion people.
42:31
And it's the money. The money is broken.
42:34
It's the money stupid. It's so simple.
42:37
And we were talking about it before as well.
42:39
It's a Keynesian economics. And the financial world is
42:43
complicated on purpose and Bitcoin, simplifies all of this
42:47
stuff and once you untangle the not that is your mind around
42:51
economics and finances at things.
42:53
Just it become so much simpler and you change your life.
42:56
And we talked about this as well and this is one of the things
42:58
that really blows my mind. The most is the the meme, you
43:01
know, Bitcoin changes. You you don't change.
43:03
A coin and you were telling us how literally it change every
43:07
aspect of your life. So let's go to there.
43:08
And then we're going to go into what I know you wanted to talk
43:11
about here for a little bit. So how is Bitcoin change your
43:14
life? You told me that it literally
43:16
stopped you smoking cigarettes? Yes.
43:18
I actually before understanding Bitcoin I used to smoke
43:22
cigarettes and I try a lot of things to quit smoking and I had
43:28
no success whatsoever and when I understood Bitcoin.
43:34
It actually I just stopped smoking from one day to the
43:37
other, I never smoked a cigarette again because it just
43:41
when you understand Bitcoin, you start valuing your time and your
43:47
health more so you become more aware of, you know, your your
43:54
daily routines your habits. The way you eat, you know, are
43:58
you taking care of yourself? Are you working now?
44:00
You know, are you providing value to your fellow, man?
44:03
Because then now I love working. I love making money because I
44:07
get paid in Bitcoin. I am actually I was talking to
44:10
you before the show. I am actually I figure I figure
44:14
out a way for me to live on a Bitcoin standard within a Fiat
44:19
standard using catch up. Which I think is.
44:25
So it's an app that, you know, it's kind of underrated and not
44:29
talked about enough because for people that are not computer
44:32
savvy and I think a shop has like 50 million users.
44:37
If I'm not mistaken, but it's actually very easy to just get
44:41
paid in Bitcoin and spent your Bitcoin, I mean, spent Fiat,
44:45
right? And just do it for know, on a on
44:50
a daily basis. Absolutely.
44:53
Love it. Yeah, let's get into it, bro.
44:55
You know, I'm also on the Bitcoin standard I use cash app
44:59
and the Bitcoin company, those are basically the ways that I'm
45:02
surviving as well. But yeah, get into it.
45:05
What do you what do you do? Specifically, you kind of
45:07
mentioned it to me, but you wanted to save it a little bit
45:10
for the people out there. So, what's your process?
45:12
Okay. Basically, you know, back in the
45:16
day, I used to, you know, once I understood Bitcoin, I allocated
45:20
percentage of my capital. And Bitcoin, right?
45:23
And like we used to, you know, think that having no more than
45:29
five percent of your portfolio in any given acid was a bad
45:32
idea. So I started with 5 percent then
45:35
as I started, you know, learning more about Bitcoin, I discovered
45:40
that DCA was the best no strategy.
45:44
So I started this Yang. I started no buying Bitcoins on
45:47
a regular basis, actually every week.
45:50
And then, as I continue down, Rabbit Hole.
45:53
I started this seeing on a daily basis and then I started, you
45:58
know, DC a more heavily like buying more and more and more.
46:01
So, and then I was like, you know what, I'm just this is too
46:04
much work. Like why not just live on a
46:07
Bitcoin standard so I just decided to, you know, convert my
46:12
paycheck, my direct deposit into Bitcoin 100%.
46:16
So now, I'm just getting paid in Bitcoin and spending fear, but
46:23
That actually changes the way you look at, you know, your
46:28
expenses and you know and you start running your life as a
46:32
business, right? So before doing this, I was not.
46:36
I had a rough idea of my expenses.
46:39
You know, what my income was and all that.
46:41
Now, I know exactly how much I make.
46:43
I know exactly the what my fixed expenses so I know, I'm on my
46:47
discretionary expenses are and you actually start, you know,
46:51
analyzing those and Figuring out a way to eliminate those that
46:57
are not necessary. Like, if you have, you know, if
47:03
you're paying for YouTube Spotify, Netflix Hulu a gym that
47:08
you don't go to things like that.
47:09
Just cut it off, stop spending, not wasting that Capital into
47:13
something that provides no value.
47:16
If you have a bad habit like drinking or smoking quit it you
47:21
know, because for you to consume those things, you have to sell
47:25
your Bitcoin and it's not a good idea to sell Bitcoin for a pack
47:30
of cigarettes, right? So it does it changes you from
47:34
inside out, you know, so in my case, my whole strategy revolves
47:39
around, you know, not spending on unnecessary things so that I
47:46
can save that Bitcoin. And so that when I get my next
47:50
paycheck that Bitcoin those know, Those savings, you know,
47:54
are transferred to a cold wallet you know, so you can then borrow
47:58
against them or not because that's the other part learning
48:01
how to acquire Bitcoin don't know how to store it.
48:04
You know it's important but also knowing how to use it, right?
48:08
So I believe The Bitcoin is not only the best form of money that
48:13
we have in society, but it's also the Best Collateral in my
48:20
opinion, right? Because it's his store and it
48:22
can be, you can borrow against it in a way that's secure and,
48:28
you know, for example, like some companies, like unchain Capital,
48:31
you can borrow against your Bitcoin and you use a multi 6
48:35
setup, right? Which means that they cannot be
48:37
hypothecated or they cannot move it with y'all.
48:40
Without your consent. And as long as you meet, you
48:44
know, the contract and you pay and you and you pay your loan
48:48
not on time you don't have a problem.
48:50
So people should know look into it in my opinion and learn how
48:56
to you know, get comfortable, you know, borrowing against your
49:00
Bitcoin Bitcoin. Once you once you buy your
49:03
Bitcoin, the idea should never sell it.
49:05
The idea is to pass it on to Generations to your case, not
49:07
grandkids to the, to the whole family.
49:10
So, but you have to, you know, figure out a way to borrow
49:14
against it, right? So you can generate, you know,
49:17
profits or income pay back the loan and do it again.
49:20
So there's actually a book that I read a couple years ago is
49:26
called the birth strategy, br-r-r-r-r-r-r strategy, and
49:31
basically, it's a strategy that people use in real estate.
49:36
That allows you to recycle your money over and over and the
49:40
strategy. The first step is to buy.
49:41
So basically, you have to buy property, right?
49:44
Hopefully at a discount because remember, you make money when
49:47
you buy not when you sell, and then you rehab, right?
49:50
So, you figure out a way to increase the value on that
49:56
property. There are in a few hacks that
49:58
you can use. For example, you can increase
50:01
the amount of square footage, right?
50:03
Or you can add more bedrooms and bathrooms so, Second Step you
50:06
increase the value. Third step you rent the
50:09
property, right? So you can stabilize it and
50:11
start collecting, you know, passive income.
50:13
And with that income, you can pay back the loan temporarily
50:16
and then the the fourth step is to refinance when you refinance,
50:22
you pull your money out so you can pay back the loan, right?
50:26
You hold the property, you get your Bitcoin back and do it over
50:29
and over. You can also, if you don't want
50:31
to hold, you know, a rental income rental properties, you
50:35
can just Flip it right by the property.
50:39
We habit sell it, get the proceeds paid back the loan,
50:43
keep the profit and buy more Bitcoin with this.
50:45
You can do it again, you can apply.
50:48
You know, there's two no cars in an automotive dealership.
50:52
You can do My only advice is store small, you know, like if
50:58
the lender allows you to borrow 40%, don't do forty percent to
51:02
20 percent 15 percent 25 percent, but just don't
51:05
overextend yourself. And once again, get comfortable,
51:09
you know, doing it and eventually you'll get better at
51:12
it. That's my, that's my whole
51:14
interesting. I'm glad you brought up real
51:16
estate because I did get shit last week for shitting on real
51:20
estate. And you told me you told me
51:22
earlier, like, if I In cash, I would most likely buy Bitcoin so
51:26
as someone that isn't real estate maybe you can back me up
51:30
here and and tell people out there buy Bitcoin.
51:34
Yes. I mean I'm in real estate so and
51:37
I like real estate but I like Bitcoin better so if I have you
51:41
know some liquidity that will allow me to buy a property, I
51:44
would just now by it, you know with cash I would buy Bitcoin
51:49
borrow against my Bitcoin and then you just you know that long
51:52
too. Buy the property, etc, etc.
51:55
But I will not just, you know, not take advantage of the
51:59
opportunity of buying Bitcoin at, you know, any any price Love
52:04
it bro. All right, well really
52:06
appreciate it. Let's get into the main reviews.
52:07
I don't know where Nico's. I think it's internet's acting
52:09
got but the show goes on, we'll do this live.
52:12
Let's get to your favorite portion of the show.
52:17
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All right guys, you already know the deal.
52:48
This is the mean review. Your favorite portion of the
52:50
show where you guys send us memes in our telegram group, you
52:53
tag me on Twitter and I try to get as many as possible on the
52:57
show. Continued to send me the memes,
53:00
because we are in an information War, tweet to the bullets, memes
53:03
are the artillery. And there is a trillion, a
53:06
trillion, plus psyop, campaign against the truth.
53:09
But we have memes in our Arsenal and they cannot All the truth
53:15
anymore. So continue to ridicule the
53:17
corporate press continue to, you know, get calls of actions.
53:22
The best way to use Bitcoin and then, of course, continue to
53:25
keep your friends morale up on Twitter.
53:27
So here we go. First means actually Drop Your
53:30
Meme review score in the chat right there so that we can cover
53:34
it live and we will cover your movie score on the show.
53:39
Anyway, the first meme is by our boy, the BTC therapist.
53:42
Absolutely slang it on Twitter. And he goes Goes hashtag,
53:45
Bitcoin is winning. This was gonna be a little hard
53:47
for me to explain because I think I know what he's talking
53:50
about. So you guys the US dollar
53:52
estimated 1792 and there's so many people holding the dollars
53:55
or the dollar had value in the 1971.
53:58
Less people holding the dollar and the dollar has less value.
54:01
And then 2008, there's only so many people holding dollars
54:04
because it's losing its value. And then 2023, there's only one
54:08
person holding all the bags and as you guys have been seeing all
54:11
the banks consolidating at all, going into one source, And
54:14
they're all trying to control your money anyway, but Bitcoin
54:17
create in 2009. And there is little Satoshi here
54:20
holding Bitcoins and now 20, 20, more people holding Bitcoin and
54:24
then 2023, there's more and more people holding Bitcoin by 2140.
54:27
Everyone will hold Bitcoin because Bitcoin is the best way
54:30
to store your value moving into the future.
54:33
This next one is by collect their or upset, AKA at holding
54:37
sets and I don't know where this mean came from, but it was all
54:41
the rage on Twitter, it's Robert Breedlove.
54:44
In the, the barrel doing a nice bath and this one is Breedlove
54:50
as my sets in cold storage and considering that we touch on the
54:54
bindings news today, I couldn't have picked a better meme for
54:58
this one because you're sad should be in Cold Storage.
55:01
Take your Bitcoin off exchanges. What are you doing?
55:04
Leaving your Bitcoin on an exchange because I would argue
55:07
it is not your Bitcoin of its own action.
55:08
Anyways, this next one is by Maxis club and it is a the play
55:13
on the Robert breathe. Meme and it's Pepe Bitcoin her
55:17
in a ice bath, and he goes unbothered moisturize happy in
55:20
my Lane, focus, stacking houghtaling Bitcoin.
55:23
This is the way boys and girls. This is the way.
55:26
This is what holding Bitcoin in Cold Storage feels like it's a
55:30
shock to your system at first and then it just feels good and
55:34
you start to prosper. Okay, this next one is Michael
55:38
sailor and he goes gold can't win Bitcoin, can't lose and we
55:42
have a chart here to go to performance since August 10th
55:45
2020 when microstrategy adopted its Bitcoin strategy and we have
55:49
Bitcoin going up a hundred and twenty eight percent.
55:51
And we have gold down - 2 %. Absolutely wrecked.
55:56
I have another name that I'm going to put on tomorrow about
55:58
gold-bug. So you already know I'm gonna
56:01
dunk on them. Anyways, again, sometimes I show
56:05
some charts here and I know we have a news today and the price
56:09
kind of dumped a little bit and shit corner is ruining
56:12
everything for us, but we I have at this chart here from
56:15
econometrics and it goes you can't really do anything wrong.
56:19
If you are dollar cost averaging during the bear market and we
56:22
have Bitcoin bear Market, draw Downs, the duration of a Bitcoin
56:25
bear Market in day 02, thousands of days and we have the first
56:30
bear market and I am colorblind. It's green.
56:35
I think it's green, you can see it.
56:38
Does this U shape the second bear market?
56:41
And I don't know is that blue? Again the u-shape.
56:47
Yes, it gots a little climb. And then it goes back up.
56:50
And now the current bear market. And you can see we are at 600
56:54
days from the last all-time high, but it says bottom at 77%
57:00
after 360 days so far, the second bear Market bottom that -
57:04
84 percent after 364 days and the first bear Market bottom at
57:09
85% after 411 days. So if you are new to the Bitcoin
57:13
space, And you haven't been through a cycle yet, just now,
57:18
it is all going according to plan, and you just need to
57:22
harder longer and continue to d.c. a save in Bitcoin.
57:26
Make sure you are stacking them SATs and taking Bitcoin into
57:29
cold storage and I am guessing and what another, 300 days.
57:33
We shall break all time. Let's go.
57:36
Okay, who's next me? Miz by chedi Bitcoin.
57:39
Her AKA a tea. Drink Pepin Chad and he goes bit
57:43
Corners are Allergic to be S and we have everyone's favorite
57:47
Karen, Elizabeth Warren over here.
57:48
And she goes can't you see that the u.s. dollar is the most
57:51
secure, an inflationary currency in the world.
57:53
Bitcoin is the worst currency USD is bashed and we have all
57:57
these awesome bitcoiners going achoo, sorry we Bitcoin is are
58:01
allergic to bullshit. Achoo, Elizabeth Warren is, is
58:04
literally bubbling with bullshit.
58:06
But how about this? Shout out to Chad off the over
58:11
here with the Doge muscles. Okay?
58:14
Hi. This is an excellent is by
58:16
euphemism disrespect her AKA at toxins Bitcoin, ER, and he's
58:21
quote, tweeting this 10, most profound sentences ever said,
58:24
and it's Max Keiser and it goes, if you're a Bitcoin maximalist,
58:27
you, you know, you're a hated figure because nobody wants to
58:30
face the fact that they've been dead wrong their whole lives
58:33
about something, so basic as money man, it really, it really
58:40
is like that. People just have no
58:43
understanding of what. Money is and they just
58:46
absolutely wrecked themselves and, you know, play stupid games
58:50
and win stupid prizes. Anyways, drop your mean review
58:54
score in the chat as we cover hours.
58:56
Live my meme review score today. I don't have the music guys.
59:00
I continuously forget to bring the music on here, but I'll do
59:05
it. I'll do it at least for
59:06
Wednesday. I'm pretty sure I'm hosting the
59:08
ones they show this week, so I will do it.
59:10
But drop your maybe score in the chat and we will cover it live.
59:14
I am going to do is gift that I got at Bitcoin 2023 in Miami by
59:23
a friend of mine. Well I'm not going to try to say
59:26
your name but shouts out to you. Well he gave me a hard copy of
59:30
his book Bitcoin girl save the world a novel shouts out the
59:34
well you can see he's looking over here, I'll cute with his
59:36
dog you and the fam and have a Bitcoin conversations and yell
59:43
into your Baby daughter's ears because we just got so bullish.
59:47
Anyways, I'll 100, what is your main review score for today?
59:50
Well, that, that the last one from a from Kaiser.
59:54
Actually. I loved it.
59:55
And that's actually very true. Know, a lot of people have to,
59:58
you know, be humble enough to realize that they were actually
1:00:01
wrong about money. So and once they do is, you
1:00:05
know, it will be a lot easier for them to understand Bitcoin
1:00:07
and to live a better life. So to that, quote, I'll give a
1:00:12
laptop with a Bitcoin log on it. And then had no choice.
1:00:16
No, check coins a lot. Perfect.
1:00:19
Great score. Okay so guys drop your meeting
1:00:21
with you score in the chat actually before I do that.
1:00:24
How could I almost forget? Shoutout to represent.
1:00:28
I am wearing the little bit coin.
1:00:32
Angel with the Tommy Gun. I don't have my hat over here.
1:00:35
But go to represent LTD.com and used the code simply Dash
1:00:42
Bitcoin. I don't know when we are getting
1:00:45
the simply Bitcoin represent merch.
1:00:48
Yet. But I know it's in the works.
1:00:50
So we will get it to you guys as soon as possible.
1:00:52
We will get women sizes for you guys as well.
1:00:55
Women Cuts better yet. But, go check out represent
1:00:58
LTD.com they have all kinds of comfy, merge.
1:01:01
We wear it every single day. I started to wear the hoodies in
1:01:05
the airport as well because Nico psyop me into doing that as
1:01:07
well. But I absolutely love the merge
1:01:10
go. Support the boys, they are
1:01:11
bitcoiners and they're all about the mission.
1:01:15
Anyways, guys, you already got some meme of you scores in the
1:01:17
chat. So, first and foremost, I have
1:01:20
to go with my boy over here. If, you know, you know, he's a
1:01:24
feature. Not a bug of the chat, shouts
1:01:26
out to you. He told me every single day and
1:01:28
he goes, Chris, he's inscription op.
1:01:30
T /, Chrissy forever and he goes my score.
1:01:34
Lizzie's inscription, one dollar equals $1 perfect.
1:01:39
Okay, this next one is Elaine and she goes score me and photos
1:01:42
from The Happening party. In El Salvador with the
1:01:45
volcanoes pumping Bitcoin in the background.
1:01:47
And let's go. Okay this next one is Apollo 21,
1:01:50
go score my copy of Thomas, Souls fifth edition of basic
1:01:54
economics, love it love it. I actually saw one at Nico's
1:01:57
house and it's like it's so huge.
1:01:59
It's absolutely probably the biggest book I've ever seen in
1:02:02
my life. Okay?
1:02:03
Anyways, Bushmaster score. Jamie dimon, holding all dollar
1:02:07
bags, while his family, gives him Greta's, how dare you, okay?
1:02:11
This next one is not while Taco score.
1:02:14
One volcano free, BTC mining far move.
1:02:18
Okay, Igor. I give those memes the beautiful
1:02:20
scenery seen by the Sheep's while driving diving from a
1:02:23
cliff, absolutely wrecked. Okay, planet.
1:02:26
Earth. Give these memes a Bitcoin
1:02:28
standard changing lives everywhere for the better?
1:02:30
Let's fucking go, fam! Love it.
1:02:33
Okay. Cloud Casino goes.
1:02:35
I give those memes. One by Nance.
1:02:37
Bankruptcy die. Should cling casinos die.
1:02:40
Okay, this next one. Bye it.
1:02:42
Christine Lagarde herself. Mean score.
1:02:45
My front door's always open for out.
1:02:50
Okay. All right.
1:02:51
Okay. Vera meme, score SEC and by not
1:02:55
becoming the new faces of Bitcoins marketing.
1:02:57
Team Chrissy's inscription, no spaces today.
1:03:01
Sorry bro. Okay, next last, I think it's
1:03:03
the last one. No one more, one more.
1:03:06
Okay, Justin Justin Griffin Goes score this bowl popcorn for us
1:03:11
while we watch bind and burn, let's go, okay?
1:03:14
And this last one is by parodied desam, metal score, CZ burning
1:03:20
in a casino or a volcano. Sorry, this was not a Cod
1:03:26
violence guys. This is a metaphorical burn.
1:03:28
All right. Anyways, you're another deal
1:03:31
guys, we really appreciate every single one of you guys if you
1:03:34
want to check out the show. We are in audio, only Farm on
1:03:37
anchor, Spotify, apple and fountain on the value for Value
1:03:40
economy. Of course, I'm not reading the
1:03:43
comments on the show, but we love you guys.
1:03:45
We appreciate it all. And on that note, Alejandro,
1:03:48
where can people find you, bro? And thanks for showing up today.
1:03:51
Thanks for spending the signal and continue to spread the
1:03:53
signal to all the Latinos out there.
1:03:56
But where do you want the people to look for you on Twitter?
1:03:59
Alejandro on the score. BTC, and thank you for having
1:04:02
me. Let's go.
1:04:04
Absolutely appreciate it bro. We will see you soon till next
1:04:08
time. Roll this one out.
1:04:11
All right guys, you already know the deal and share like
1:04:14
subscribe. We will be back tomorrow with
1:04:17
our normal show. Like always and we just
1:04:20
appreciate all you guys. It's a pleasure and honor to
1:04:23
show up every single day and give you guys a news.
1:04:25
We'll see what we're covering tomorrow.
1:04:27
Maybe we'll go a little more in-depth on the finance news but
1:04:30
if not till next time we are simply Bitcoin and we will cover
1:04:37
everything in the Bitcoin space as we usher in the separation of
1:04:41
money and stay. Alright guys, peace out.
1:04:42
I'll see you all tomorrow. Have a good rest of your day,
1:04:45
actually get outside, touch some grass, lift, some heavy stuff,
1:04:49
eat some good food and hang out with the people.
1:04:51
You love. This is an order.
1:04:53
Peace out.