Latest / Simply Bitcoin / Why Fidelity 401k Bitcoin is a Bad idea | EP 474

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Why Fidelity 401k Bitcoin is a Bad idea | EP 474 · Simply Bitcoin

0:07
Welcome back everyone. We're simply Bitcoin.
0:09
We break down the news. The daily fail mean review.
0:12
Software releases Hardware, releases, and the pleb sites.
0:16
Joining us today fellow Bitcoin ER Jimbo coin Jimbo.
0:23
What's up, man? Hello, it's great to be here.
0:25
Thank you for having me and thank you for joining us.
0:28
All right, we are diving. NG into the numbers.
0:31
Let's do it. People.
0:33
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the time of this recording, the block height is seven hundred
0:54
thirty three thousand six hundred ninety.
0:55
Two the Bitcoin price 38,000 165 chain rewrite day 720, total
1:01
public lightning Opacity 3630, 2.11 Moscow, time 26:20 blocks
1:08
to the having a hundred six thousand, three hundred and
1:10
eight and the samurai Whirlpool unspent capacity.
1:15
Samurai Whirlpool is a collaborative spend or coin
1:19
jointed is not a mixing service and the unspent capacity in that
1:23
pool is 4500 30.5 BTC. The numbers Nico, the numbers
1:32
another day. Another day.
1:34
Another day in the Bitcoin, stable coin, we suck again.
1:38
This is crazy. Price is gone sideways for a
1:41
year, anyways, moving on, so I can go.
1:44
But the thing that I want to talk about today was the Bitcoin
1:49
mining Council. This is a I think they release a
1:52
quarterly report. Let's check out some of it and
1:56
it kind of contradicts, right? A lot of what Hearing from the
2:01
enemies of Bitcoin, right? That are using the climate in
2:05
order to attack Bitcoin attack Bitcoins proof of work.
2:09
And as you'll see during the new segment, you'll see how much
2:13
collusion there is from governments, right?
2:15
And you'll see, like you'll start to, you know, ask these
2:18
questions right? Are they really, is it really
2:22
about the planet? Or is it really about the fact
2:25
that they can't control Bitcoin, right?
2:27
I think we have enough evidence today to make a very strong case
2:32
that it's because they can't control it.
2:34
Anyways, let's get to it, Austin to Austin, Texas, April 25th
2:39
2022, the Bitcoin mining Council a voluntary, global forum of
2:43
Bitcoin, mining companies and other companies in the Bitcoin
2:45
industry announced the findings of its first-quarter survey
2:49
focus on three metrics. Electricity consumption and
2:53
technological, efficiency and sustainable power.
2:55
Mix the BM The BMC revealed that for the first time, it has
3:00
successfully collected data from 50% of the global.
3:04
Bitcoin Network representing 100x, a hashes as of March, 31st
3:08
2022 in the latest voluntary sector survey the results of
3:11
this survey showed that miners of The BMC and participants in
3:15
the survey are currently utilizing electricity with a 64
3:18
percent sustainable power mix. Based on this data is estimated
3:22
the global Bitcoin mining industry, sustainable
3:24
electricity mix is now 58.4% and had increased approximately 59
3:29
percent year-on-year from quarter, one 2021 to quarter one
3:33
2020, to make it one of the most sustainable Industries globally,
3:37
additionally year on year. It is estimated the global
3:40
Bitcoin networks technological efficiency grew by 63% from 12.6
3:46
XX. A hashes per gigawatt in
3:48
quarter, one twenty twenty one to twenty. 5x, a hashes per
3:52
gigawatt in quarter one 2022, this efficiency gain reaffirms,
3:57
the fact that the Bitcoin Network continues to grow and
4:00
will become even more efficient over time, right?
4:03
And, you know, that's the argument that we've been saying
4:06
for a long time, but if you believe a lot of the propaganda,
4:10
right beliefs, but released by The Legacy Media outlets, right?
4:14
They would like you to know, remember we all remember that
4:16
world economic Forum post, right?
4:18
The infamous one that Bitcoin was going to consume all the
4:20
worlds. Energy by a certain date, right?
4:23
And this just completely contradicts that now to be fair
4:26
because this is simply Bitcoin, right?
4:29
The Bitcoin mining Council will set up by Michael sailor and
4:32
Michael sailor has a very, very big investment in Bitcoin,
4:36
right? You could see where these
4:37
incentives are misaligned there, right?
4:39
So, just as the propaganda media, right wants you to
4:43
believe a certain narrative, you it, you could make a pretty big
4:47
bet than Michael sailor. Also wants you to see Bitcoin in
4:50
a good Right. So just wanted to emphasize that
4:54
right to be neutral. But listen, it is a voluntary
4:59
survey but honestly if you understand how mining works and
5:03
that's an industry that, you know, I'm lucky to be a part of
5:06
for a couple years now. Yeah.
5:08
That's, that's how it works. It's just missed.
5:11
The, the hardware is going to get more efficient over time.
5:15
Mining rig, right? Is not only is it going to you
5:19
not only is it going to have more Or hash power, right?
5:22
It's it gives more bang for its Buck like that's just obvious,
5:26
right? All Hardware gets better over
5:28
time. It's Moore's Law right Moore's.
5:29
Law applies to bitcoin miners as well.
5:31
Right. So I don't see why it's any
5:33
different, but of course, what I just said is a very inconvenient
5:37
talking point to the people that would like you to believe a
5:40
certain narrative. So that being said and not only
5:43
that right 60s, it was 58 percent right of Bitcoin.
5:48
Mining comes from renewable energy sources, which makes
5:51
Little sense, right? Because Bitcoin has to use
5:54
stranded energy sources, right? Or, you know, it would be
5:57
completely abused be out price. You can't use energy sources in
6:01
a city, right? So again, like, it's the
6:04
narrative that would like you to believe.
6:06
How about we audit, what the energy sources of banks are,
6:10
right? If we're going to have these
6:12
discussions, are they? As green as Bitcoin?
6:14
58% is pretty high. There's other industries that
6:17
are not on par, right? So again, why are they focusing
6:20
so much on bit? Coin.
6:21
It is because they can't control it.
6:22
I can't come to any conclusion, honestly.
6:25
Anyways, Phil, what are your thoughts on?
6:26
This? Will pass it on to Jimbo.
6:27
So don't forget, right? The world technically ended two
6:30
years ago when the internet's already sucked up all the energy
6:33
by 2020. So remember right the internet
6:36
was going to destroy everything. So and and guess what?
6:38
We're using the internet right now.
6:40
Turns out it hasn't destroyed everything.
6:42
We're all very surprised. Look this this doesn't surprise
6:45
me. I under you know what I really
6:48
appreciate you being objective with your points about Michael.
6:51
A letter because that is very important, right?
6:52
That, we look at both sides but at the same time to your point,
6:57
nobody has an accurate reading on the, you know, how much the
7:00
military industrial complex really costs to run, right?
7:04
To keep all the you know the violence in business to make
7:06
sure that the dollars you know keeps its hegemony and
7:08
everything, you know. But besides that I always find
7:13
it interesting that people you know we have this blind spot
7:17
where all of a sudden we decide well know, the technology is not
7:20
going to get any better it's just It's going to stay like
7:21
this and Bitcoins just going to destroy the world.
7:23
Like everything is getting like you said more efficient.
7:27
There's there's no world where this all of a sudden just stops.
7:31
So I look you know not to say that we're going in this
7:35
direction but nano technology already exists you know so not
7:39
that there's any major real applications of it right now but
7:43
that's not that's not really that far off.
7:45
Like who's to say what's going to really happen with Computing?
7:49
I just I just Like I just find it's a lot of hubris right?
7:53
That you just okay you know like you know what's going to happen
7:55
and that's it. I hate it.
7:57
I really hate it. I rather have the point of not
7:59
knowing and being bullish. That Bitcoin is going to totally
8:02
change lives because people don't understand what we're
8:04
going through. Absolutely.
8:05
And it just reminds me of you know we had that that article by
8:09
Paul Krugman that Infamous one, right?
8:11
That the internet was not going to amount to anything.
8:14
We had that one right there, the internet was going to use all
8:17
the world's energy, right? The these Infamous articles by
8:20
2020 Nico. There you go.
8:21
Right. So now we are here in the
8:23
internet has fundamentally changed Society.
8:26
I would say, for the better, right?
8:27
It's connected. People, it's allowed people to
8:30
do their own research, right? So yeah.
8:33
And it's, you know, it's incredible, right?
8:36
So for them to exactly what you said, feel to have that hubris
8:39
right to like, oh yeah, it's just gonna, you know, it's
8:42
Bitcoin helps people Bitcoin, right?
8:45
How many people in the world? Don't have access to bank
8:47
accounts, right? Because of how bureaucratic the
8:49
Legacy system is if You have a cell phone and an internet
8:52
connection. Now, you could be part of the
8:54
global economy. How could you be against that
8:57
right? Anyways Jimbo, what are your
8:59
thoughts on this? Are you seeing what we're
9:01
seeing? Are we just crazy plebs?
9:05
Well I certainly agree with everything you said about how
9:09
important Bitcoin is for everybody.
9:11
I'm going to push back a little bit if I could on the Energy
9:15
Efficiency thing so on the one hand, yes.
9:18
Mining equipment continues to be more efficient in terms.
9:21
Terms of producing more hash per per watt of electricity, that's
9:25
an important metric and we expect to see hashes per watt
9:29
continue to increase. However, all of that hash is to
9:34
a computation, which is by Design inefficient.
9:37
What I mean by that is blocks come every 10 minutes.
9:41
If blocks are coming too fast because minor say got more
9:43
efficient than blocks, you know, the difficulty Readjustment
9:46
ensures that then now it will be more difficult, it'll require
9:49
more processing. Some people mistakenly call this
9:54
a waste, but the reason that's a mistake is because what it
9:57
produces is security, right? And it's the cheapest form of
10:01
security because the alternative is violence, right?
10:03
That's and that's the way that Fiat currencies operate is by
10:07
having a monopoly on violence that they can, you know, issue
10:10
the currency and nobody else can.
10:11
And that's that's the entire Legacy system.
10:13
The alternative that is or we can use electricity and not just
10:16
any electricity but we use the cheapest available electricity.
10:19
So Bitcoin incentivizes. Has miners to find new and
10:22
cheaper stranded resources or bring new resources online that
10:26
previously would not have existed.
10:28
So in my opinion it could totally be the case that Bitcoin
10:32
becomes more than half of all of the electricity usage.
10:35
But it could be doing so in places where there aren't people
10:38
or it could bring people to new places where there isn't
10:41
currently a viable living option but suddenly there is because
10:44
there's electricity there and electricity Powers everything
10:46
else. So I'm bullish on Humanity, I'm
10:49
bullish on bitcoin, using more electricity.
10:51
TriCity over time and not less because it is actually a
10:55
mechanism by which we get more development.
10:58
Well I mean so and I think that that really brings up a good
11:01
point and in and I completely agree with you Jim, in the sense
11:05
that Humanity's Prosperity is directly correlated with the
11:11
amount of energy usage that Humanity uses, right.
11:15
So and there's a lot of, you know, people nowadays that are
11:19
essentially Relating energy usage with a bad thing and I
11:23
would make the argument right. I'm sure the rest of you would
11:26
as well that that's anti-human literally.
11:29
That's that's your you purposely want Humanity to be poor and if
11:33
Humanities poor that means people die sooner.
11:36
There's more suicides, there's more suffering right?
11:38
There's less Health right? Property breeds all those things
11:42
and then you can kind of go into the conspiracy theory route of
11:45
perhaps you know these people want to control because think
11:48
about it, you control energy, you control people.
11:51
All right, and perhaps that's really what they're after versus
11:54
cutting down on energy in the first place.
11:57
I don't know. But anyways, we'll stay on top
11:59
of it as it's a lot develops but Phil it's time for the daily
12:03
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Smart ways. That sense.
12:19
All right, I was just saying to me, go - I don't worry I'm like
12:21
we're not going over the same tweet from Elan that we've
12:23
already gone over, like three times.
12:24
This isn't like an eel on bashing thing.
12:26
It's got nothing to do with Elon, but the response is, I
12:29
find are hilarious, but we do obviously have to give some
12:31
context, right? So Ilan tweeted.
12:33
If our Twitter bid succeeds, we will defeat the spam Bots or
12:36
die, trying and authenticate, all real humans.
12:39
And of course, we've already dumped on that comment and we're
12:43
going to dive into one of the responses here.
12:45
One of the responses that I find worrisome, I would not be
12:49
advocating for this, and I have worked already.
12:51
Biometric. So I know exactly how the data
12:52
stored and I would not want this data to be stored.
12:55
Anyways, I digress not by the state, not by anyone, really?
13:00
Okay, here we go. Five ideas to implement One.
13:03
Login via Biometrics. No, to comments possible.
13:08
And visible only to logged in users.
13:12
Don't you already have to like connect up with your phone to
13:15
Twitter or have an email like you're already logged in.
13:17
So I don't anyways that that's just weird that this just like a
13:21
weird call that anyways level of Engagement according to
13:24
Publications. Okay.
13:26
So now you can have a bunch of bots that are going to sit there
13:28
and publish a whole bunch of crap.
13:30
No, no, it's not even worse than that.
13:32
It's even worse in that. It's, are you an accredited
13:34
journalists, right? It's like to I'm CNN, are you
13:38
from New York Times, right? It's like, dude, it's this.
13:40
It's just going to increase the circulation.
13:42
Jerk terrible idea anyway. So number four live discussion
13:47
room I don't even know. Like I mean all right fine and
13:50
then 5 integration with fact-checking agencies.
13:54
I really like that one like who are going to be those
13:56
fact-checking agencies who is going to decide what is facts
13:59
and what is not as we've seen in the last two years, we've had an
14:03
abundance of confusion. It's actually despicable and
14:07
pathetic that we couldn't come up with a single narrative that
14:10
people would agree on well. Gonna go ahead, sorry Phyllis
14:14
are no no that's it. That's it for that.
14:16
That one. If you guys want to throw in
14:17
your take on this one. Yeah real quick.
14:19
Like the problem is really and what we've seen this in the last
14:22
five six years. This occurrence, is that the
14:25
expert class that had a total Monopoly on information is
14:30
getting completely owned by people doing their own research
14:34
and they don't know what to do. They don't know what to do,
14:37
right? An expert says something, right?
14:39
And then a bunch of people in a decentralized manner.
14:42
Of like in a hive mind type of function, right?
14:44
Just starts doing their own research.
14:46
On the internet starts uncovering truths, right?
14:49
And it just makes these people these credentialed class look
14:52
very bad, right? And then they obviously there
14:55
comes a lot of power with being the, you know, the the person
14:59
that that you're the expert of that information.
15:02
But if you're being consistently owned by just individuals,
15:06
looking it up for themselves and you're not really useful anymore
15:09
but they also don't want to give up that power, right?
15:12
Right. So it man.
15:13
It's really fascinating. What's happening Jimbo?
15:16
What are your thoughts on this? And this, this also bleeds into
15:18
the money as well, right? It's like you have to use our
15:21
money because we know what's best like, it's crazy.
15:26
Yeah, well I'm happy too. I'm happy to share my comments
15:29
on this. I never use Biometrics, I hate
15:31
them. I never used my thumbprint, I
15:33
don't use my face on phones or anything like that because in
15:37
this this idea of like logging in obviously when you login
15:41
information is being sent. And from your device to some
15:44
server somewhere. The fact that that is
15:47
traversing, the internet should make it obvious that you can't
15:50
necessarily know whether or not it was a person was this just
15:53
somebody replaying the same data that was played before.
15:55
So it's not really logging in, it's just presenting credentials
15:58
like it's presenting data and as long as presenting credentials
16:02
may as well, be something you keep in your head like a
16:03
password. So you know Bitcoin has no
16:06
concept of who you are. It's all knowledge is ownership.
16:09
Do you know the keys are not and period?
16:11
That's That's your ownership is. Do you know the keys and so here
16:16
yet again. It's like, no, you can't you
16:18
can't log in Via Biometrics all you can do is hope that people
16:22
don't game it but of course they would immediately.
16:24
So 100% 100%. Okay, so we're going to move on.
16:29
Give me a sec Nico. I've got to enable the sound
16:31
before we move on. This is a, this is a spicy video
16:34
here. We're going to put on.
16:36
All right, I have to admit I haven't watched this video yet,
16:39
so this is going to be interesting for everyone, but I
16:41
saw that it was Marty Wow. Fellow Bitcoin or fellow pleb
16:43
love Marty's owls. So shout-out them like yep, we
16:46
got to put this up, take a look at this fail.
16:48
What is this? XR p is going to help.
16:50
Help take your freedom. Nice, I guess.
16:54
Anyway, so here's a tweet, Jack, the Ripper one of their Ripple
16:58
Bots. I guess, Bill Winters CEO of
17:01
Standard Chartered and a triple partner talks about how xrp is
17:06
going to bridge CBD. Sees, now keep in mind guys, we
17:09
we were, we dug in I believe last week or the week.
17:12
Week before into an article detailing, how consensus is
17:16
offering a bridge to see bdcs, right?
17:18
We also covered another another fail.
17:21
By xrp, also, offering the Olive Branch to see be DC's.
17:26
Everyone's really all the shit coiners are really excited to be
17:30
part of the long arm of the government.
17:33
That that's a red flag. Anyways, enable the sound before
17:37
the little, oh I did. No, not the mute, the mute.
17:40
Oh, um, you know, You okay. Perfect, thank you.
17:44
Okay, here we go. So let's watch this video.
17:45
He's it's Bill Winters, CEO of Standard Chartered.
17:48
And ripple partner talks about how xrp is going to bridge.
17:51
Cbc's. Let's check this out.
17:54
You know, we have countries like Switzerland and China.
17:57
All testing out the digital currencies.
17:58
How you gearing up for the destruction of money with
18:01
Central Bank? Digital currencies.
18:03
How will it change the way you and other banks operate in
18:05
future probably fundamentally while we're not formally
18:09
involved? I know foreign banks are
18:11
involved in the Chinese ccny I think we're as close to that as
18:15
we can be to understand how that digital currency can be used for
18:19
cross-border trade going back. 25 years we had digital currency
18:25
underpinned, trade finance, and money settlement systems and
18:29
using as a medium of exchange, using things like ripples xrp,
18:34
for example as a as a medium to affect Real Time, cross-border
18:38
payments the disruption the disruption of money.
18:42
Conceived. Edc's.
18:43
I think this is so comical. It's absolutely insane.
18:47
And mind you you have to give them credit.
18:49
You have to give them credit for completely ignoring Bitcoins
18:52
existence. Right.
18:54
Like the conversation just sounds so strange.
18:57
I feel like these people live in another world and they just
19:02
ignore that all of this technology, right?
19:05
This network is happening right outside their door.
19:09
It's just insane. Ways clown world?
19:13
No, dude, you're totally right, bro.
19:15
They're just incentivised to not understand it.
19:17
They they don't understand that. You know, they're going to have
19:21
to give up control whether they like it or not.
19:24
Right. And the ironic part about this
19:26
is that if they joined the movement, it will benefit them
19:29
financially just like everybody else.
19:32
But they don't want that, they would rather keep the power,
19:35
right? And this applies to nation
19:36
states as well, a nation state would rather have their
19:39
citizens, stay poor and give their This is a little bit of
19:42
Freedom, which is what Bitcoin does.
19:44
But unfortunately for them and this goes back to what Jimbo was
19:48
saying during the number section, right?
19:51
The efficiency of violence, right?
19:54
When it comes to bitcoin, it doesn't work as it as it as it
19:59
worked before, right? The balance of power.
20:02
So you shifted from the nation state to the individual and
20:06
violence, just doesn't give that return on investment the way it
20:09
used to, right? So, it's gonna be really
20:11
interesting to see, See how this plays out Jimbo?
20:16
Yeah yeah definitely. The CBC thing you know, all the
20:21
currencies are already digital it's just intermediated by
20:24
Banks. So really all they're talking
20:26
about here is a more efficient database for their own purposes
20:30
whether or not it happens to use hashing functions on the back
20:32
end is ancillary and secondary doesn't matter, it's like it's
20:36
already digital, it's already credit it can already be
20:38
overruled and Rewritten by you know, the bureaucrats have been.
20:41
So anyway, but you Callie like how he he goes in mentions using
20:47
xrp for medium of exchange is like nobody's actually using
20:50
that. People are actually using
20:52
Bitcoin so this is just it's so comical.
20:55
Okay. Anyways, let's dive into the
20:56
last fail, which I also found them using.
20:59
Here we go, we were tagged. Let's dive into it, tagged.
21:04
My coin joined a thank you very much.
21:06
Let's take a look at this. He's the man by the way, he's
21:09
the man. Thanks for tagging us so much
21:11
brother like insane. Insane.
21:13
He appreciated. And And so I am an sighs.
21:17
Oh gosh, mr. Robots, you know there's a whole
21:21
bunch of plebs. I feel terrible because I'm
21:22
obviously missing like 10 people and I feel awful, we love you
21:25
guys. We love you guys.
21:27
Just want to say I love you. Here we go.
21:29
Here we go. Let's do it.
21:30
All right, we've got at web 3 is great even though it doesn't
21:34
exist as we saw yesterday, FTX founder, Sam Bank manfried tries
21:40
to explain yield farming and it's just a Ponzi now.
21:47
Did some background on this this image that.
21:49
So he did not say all of these things in this order.
21:52
So I did provide a link to the transcript that will be in the
21:56
in the show notes so people could actually go through and
21:58
see what he did. So somebody took all of this and
22:00
kind of put it together, I'm just giving that for a frame of
22:03
reference, right. So he did say these things but
22:05
not all, you know, in order. So just being, you know,
22:10
transparent here we go. FDX Founders sandbank been freed
22:14
tries Explain yield farming and it's just the Ponzi.
22:19
One of the most well-known crypto execs and the founder of
22:22
the popular FTX crypto exchange appeared on an interview on
22:25
Bloomberg's. Aw podcast alongside Finance
22:27
journalist. Matt Levine, when asked by
22:29
LaVine to explain yield farming, Venkman freed launched into an
22:33
explanation in which he compared it to a box that they probably
22:37
dress, that they probably dress it up to look like a
22:41
life-changing, but it does literally nothing he Lane how
22:45
people put money into the box because of you know, the
22:49
bullishness of people's usage of the box.
22:51
So they go and pour another 300 million in the box and you get a
22:55
psych and then it goes to infinity and then everyone makes
22:59
money Lovin responded. I think of myself as like a
23:04
fairly cynical person and that was so much more cynical than
23:08
how I would have described farming.
23:10
You're just like, well I'm in the Ponzi business and it's
23:14
pretty good. That, that should scare the shit
23:18
out of you. If, if you have money sitting in
23:21
in defining liquidity pools, and if you have money sitting on
23:25
that that exchange, I'd be really worried that that person
23:30
has, that much power. I mean, that's insane and scary
23:35
to me. The whole transcript is actually
23:38
even worse because he goes into a much longer explanation about
23:43
this box, but do you Realize what he just explained he just
23:48
explained that you're you're putting money into absolutely
23:52
nothing and expecting something, now that only lasts so long
24:01
before it blows up. Anyways, all right.
24:06
Now, I want, I want Jimbo to Riff on this a little bit more,
24:08
but I just have one comment. Okay, I like the evil villain in
24:13
the Bond movies. It's in his name, Sam Bank men.
24:19
Sam back, man. All right.
24:21
That's all I gotta say. Anyways, Jumba, what do you
24:23
think about this? Yeah, I am not a big fan of the
24:28
the defy and the yield farming and all that.
24:31
It seems like seems like exactly how it was described a Ponzi
24:35
scheme. It's, you know, where does this
24:37
money come from? If you're seeing these results,
24:40
they're coming from somewhere somebody else's, not seeing
24:42
them, you know, it's it's there's no bailouts, you know,
24:47
in, in crypto land. So, it's not like, it's not like
24:51
the government can come in and make you whole again like at
24:53
least fiat currency, has that going for it?
24:55
Like At least, they can bail out the banks by just printing money
24:58
out of nothing. But these things, that's like,
25:00
if you're expecting to take your money out, where's that going to
25:03
come from? And, you know, eventually
25:04
eventually the game of musical chairs and music stops and you
25:07
don't want to be the one without a chair.
25:09
Absolutely. Yeah.
25:10
I think that's very, very well put.
25:12
Hopefully there's some stock footage.
25:14
I musical chairs. But anyways, Phil, it's time for
25:16
the daily meme review brought to you by Citadel 21.
25:19
It's the best Bitcoin cultural Zine.
25:21
Its story zombie articles Comics by actual Bitcoiners this is
25:26
volume 10. Every volume has different
25:29
artwork. This is the artwork for volume
25:31
11. It just drop and they're scarce
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is only 1,000, physical copies made per volume.
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So get your print of Citadel 21 today before they run out.
25:41
All right, everybody. Welcome to the meme review where
25:43
we review memes because it's a mean review.
25:45
Remember memes are very important part of Bitcoin
25:47
culture. And they play a very, very
25:50
important function in the information war in the
25:54
narrative, trench warfare. Anyway, so check it out.
25:56
First meme is by Max Payne. Maxi, lazy memes.
26:02
Me thinking about how much I love Bitcoin, the devil trying
26:05
to trick me into buying shit quite honestly.
26:08
Yeah, I understand this in the beginning perhaps, right?
26:12
But after a couple years of being you know orange builds you
26:18
realize there really isn't anything else?
26:20
Like it's you won't even dare to say I couldn't even think of
26:23
myself selling Bitcoin. For anything including dollars
26:27
because dollars are a shit going to anyway.
26:29
So I get it in the first year. I understand that.
26:32
All right, next one, bye, puppy. Not your keys, something,
26:35
something, something, I own Bitcoin, it's on an exchange.
26:40
That's great. It's puppy is killing it lately,
26:43
bro. Alright next well I know is by a
26:45
shit coiner, right? But it's still really good me.
26:48
Yeah. So do you not want me to review
26:51
it Phil, of course review, it will call him a shit coin.
26:54
That's absolutely hilarious, bro.
26:56
Like look, we all know where I'm not going to read the whole
26:58
paragraph but look Ilan like once free speech, whatever.
27:02
And this is what we've seen in the last couple of years.
27:05
I mean, sorry, the last couple of days.
27:06
This is extremely dangerous to our democracy.
27:09
And then, you don't even responds, right?
27:11
So really interesting, I like Twitter and that sense, Lena
27:15
sheet? Okay.
27:16
She's a legend, right? She draws these, she makes these
27:19
by hand and they're so good. And this relates to, what we're
27:21
going to talk about today. And it also relates to what I
27:24
talked about about during the number section, right?
27:28
And she just says control, we should promote this one and say
27:31
European Union right eith where decentralized and sustainable.
27:36
It's decentralized as sustainable, and then the
27:38
Bitcoin Earth. Bitcoin, her cat and ban this
27:41
one because they can't control it.
27:43
Very deep, very good. I'm gonna go, I'm going to
27:45
reference this meme again where we cover it during the news.
27:48
Anyways, you know, this is very dangerous for democracy.
27:51
Elizabeth Warren, right? And just put this together, that
27:55
feces. Absolutely hilarious.
27:57
And here is, you know, the CEO of Twitter kicking out Jack,
28:00
Dorsey Elon kick him out and Trump dancing in the background
28:04
where a political, but I think it's funny.
28:06
Anyways, next last one by the legendary, A yellow.
28:10
This guy's this man is an artist.
28:12
Okay. Then he was a, check it out.
28:13
I haven't I haven't seen this yet, so check it out.
29:03
Very, very good yellow and but your blue at the end, I want to
29:06
know what the hell is going on with that.
29:09
For that for that, I'm going to give it a very special score, I
29:12
know Phil is gonna appreciate this because he's a nerd like me
29:16
some thermal paste now. Wait, Wait.
29:22
I actually remember something and you said yesterday that you
29:24
were going to show today. Whoa.
29:26
What what you got? You said that was going to be
29:29
the score. It's still in the box bastard.
29:35
Still in the box terrible. I said, I said it was gonna
29:39
unveil the Lucho Poletti thing that I bought.
29:41
This ills, you don't have to wait.
29:43
When I need to know, I need to know what you got.
29:45
Okay, anyways, alright, my score rights.
29:48
As you all know, I'm moving, finally, it's happening.
29:50
I'm leaving in like a month. Five weeks.
29:52
Alright, still more stickers. Here we go.
29:55
Another amazing Suite Toshi. Original, see you at the
29:59
Citadel, we miss you space. Duh, we miss you cheetah cheetah
30:03
man. All right, Jimbo?
30:05
What would you give those beams? Especially the last one.
30:10
Just Bitcoin has the best members and intelligence.
30:15
We have all the brands, but for that reason, I have to give it a
30:18
living the dream Oh, that's a great score.
30:23
Anyways guys, we want to know if you agree, their scores, you
30:25
disagree. Let us know down in the comments
30:27
section and, of course, make sure to subscribe to us and
30:30
alternative video platforms for obvious reasons like Rumble.com,
30:34
my personal favorite Bitcoin tv.com, no sense, there because
30:36
Bitcoin TV, and of course, join our telegram group and look at
30:39
some dank dank dank Bitcoin memes review.
30:41
But anyways, feel it's time for the Daily News brought to you by
30:45
crypto. Cloaks.com they make some of the
30:47
best Bitcoin merch like the famous bit.
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In art sculpture grenade. This one's in Gold.
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That means it's Peter ships favorite but it's a Bitcoin
30:56
grenade. So he's not going to like it and
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the famous Bitcoin. Honey badger also comes in three
31:01
different sizes. And you can take advantage the
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link down below to get 5% off crypto, cloaks.com, alright, if
31:06
you guys haven't been living under a bridge, you've seen this
31:09
on Twitter. You've probably seen this from
31:11
other, you know, Bitcoin YouTubers or shit, coin
31:14
YouTubers. But we're going to give you the,
31:17
the Maxi perspective on this. And why I don't think it's such
31:20
a great. Fucking idea.
31:21
I'll get to it a little bit, right?
31:23
Fidelity's new 401K offering will invest in Bitcoin, right?
31:27
Michael sailor was literally like, oh my God, we're going to
31:30
offer it to our, you know, to our employees, right?
31:33
Anyways. Article goes on to say Fidelity
31:34
the nation's largest provider of 401K plans said on Tuesday that
31:38
it would enable its participants to put a slice of their
31:40
retirement money into Bitcoin. If their employees are willing
31:43
to allow it, the announcement could put millions of people
31:46
closer to direct investment in Bitcoin wrong.
31:50
No. No, no, you're buying paper
31:54
Bitcoin of which a custodian is holding.
31:58
That's not direct investment bullshit.
32:01
Anyways, this summer without having to set up an account on a
32:05
crypto currency exchange. Oh, but Regulators, have already
32:08
said that they're skeptical of the idea.
32:10
Last month, the Department of Labor which oversees workplace.
32:13
Retirement plan said it would cast a critical eye on plans
32:16
that added digital assets to their investment menus, right?
32:19
So the government doesn't allow You to fucking pick what you
32:23
would like to put your retirement money in a fairly.
32:26
How big is Fidelity? Check this out.
32:29
This is from their own website. 13,500, clients service, Who
32:33
oversee, 70 percent of America's fifty, five point six trillion
32:37
dollars in wealth and they currently hold four trillion
32:41
dollars under Administration themselves.
32:43
So why did I, why am I not excited?
32:46
And why not as giddy as a lot of people, right?
32:49
Because we only win and things only change, if people take self
32:54
custody of their Bitcoin period and stop.
32:57
Right? This, we don't fix the system.
33:00
If you just choose another kiss, that's the problem today, right?
33:04
Is the, someone else is holding your money, so doesn't fix
33:06
anything, right? So, yeah, I guess it's cool.
33:10
But it's not cool. Because essentially, all the
33:13
people, all the people listen, Instead of saving through
33:17
retirement with the you know the traditional system, take that
33:19
shit out, put Bitcoin into self custody become a sovereign
33:22
individual take the power of your money back into your hands
33:26
and only your hands because that is not powerful.
33:29
Then you're totally dependent on who's in political power.
33:34
Whether they like Bitcoin or not that day, right?
33:37
Like it's a scam don't fall for it.
33:40
Don't get too excited. This we only when if enough
33:43
people say it takes off custody and if Enough people take self
33:46
custody, we win. No matter what they try to do.
33:49
It's really that simple. Anyways, I'm going to pass it on
33:51
to Jimbo and then Phil. Yeah, 100% agree.
33:56
Bitcoin is the first thing you can truly own.
34:00
Everything else has a back door, right?
34:02
If you think you own your gold coins and you have them in a
34:04
safe or whatever, somebody can still kill you, and take your
34:07
gold coins. If you guard your Bitcoin seed,
34:10
appropriately. And if you use something like a
34:13
passphrase and putting your head, it is An unseasonable they
34:16
can kill you but they don't get your Bitcoin.
34:19
That's if you take custody of it if you leave it on an exchange
34:22
it's not yours. Its there's right so 100% agree.
34:25
You have to take custody? Yeah the 401K thing is too late,
34:30
you know, and and it's not that you know, it doesn't really help
34:33
anything. So it's lame dude.
34:35
It just puts more money, just it creates more paper, Bitcoin more
34:39
institutions are holding Bitcoin know like it's doesn't change
34:44
anything. Anyways, What are your thoughts?
34:46
Yeah, I'm definitely not impressed with paper Bitcoin
34:49
rights like that, doesn't make me happy Fidelity.
34:51
Doing this jeevan, you know, gbtc stuff like that.
34:54
I know that there's a lot of people that you hear this, and
34:57
think it's adoption, oh, it's making inroads in this and that
35:00
it's just, it's pure nonsense. It's garbage.
35:03
Okay, that that is just the honest to God.
35:06
Truth about it. But what it really makes you
35:08
wonder okay, what it really makes you think of and realize
35:11
is that these institutions offer absolutely no value.
35:15
By way of actual Services. Well, their customers like think
35:19
about it, to be fair. Phil, to be fair.
35:22
There was no, you could have made the argument that there was
35:24
no better option before bit. That's the that's exactly the
35:27
point that and that's exactly right there.
35:30
Was no better option before Bitcoin.
35:31
And what did they actually do? I mean II, you know, I was an
35:35
amateur stock Trader when I, you know, when I wasn't working or
35:38
in the middle of my day and look, they didn't I wasn't using
35:41
any of their custodial services or anything like that.
35:44
So when you're King at companies like let's say Goldman Sachs or
35:47
something like that and they're handling people's money.
35:49
What do you really think these people are doing all day long
35:52
besides sitting around doing? Absolutely nothing.
35:55
I'm serious. You think they don't know that
35:57
number keeps going up because they keep printing more you're
36:00
going to tell me that all these Geniuses that work in that
36:03
system have no freaking clue that the number will just
36:05
continue to go up and all they're doing is playing musical
36:07
chairs with stocks. You know what I mean?
36:11
Anyways, they're checking Clark Moody's dashboard.
36:14
That's what they're doing. Anyways, moving on to the next
36:17
piece of news. So we've been covering this,
36:19
this has been of a developing story.
36:21
However, we're not going to just to give you context.
36:24
We're going to cover this this actually dropped recently.
36:28
There's this article New York, Bill Banning proof-of-work,
36:31
crypto mining poised to advance New York's crypto.
36:35
Mining Mehmet. Orion bill is one step closer to
36:37
advancing in the to the State Assembly.
36:40
This is what I have to say, Bitcoin doesn't care and York is
36:43
going to have sting is going to have fun.
36:45
Staying poor. And another aspect is the game
36:48
theory of Bitcoin because if you bad Bitcoin someplace else,
36:52
someone else is going to see that as an opportunity.
36:54
So while New York is shooting itself in the metaphorical foot
36:58
Fort Worth is literally mining Bitcoin.
37:01
Check this out for worth is the first city in the u.s. to mine
37:04
Bitcoin and we'll run mining rigs out of City Hall.
37:07
Mike drop for twerk big no finger to New York.
37:11
However, before you get too excited, each of the program's
37:14
three machines, will consume the same amount of energy as a
37:18
household, vacuum cleaner. So, of course, this is a
37:20
symbolic middle finger and they're not even s 19's, bro,
37:24
there s nines. So, she seems very happy, maybe
37:27
it's to get votes, I don't know, we're making Fort Worth the
37:30
first city government in the United States to mine Bitcoin.
37:33
We launched at 2:30 p.m. central Time today live stream here on
37:37
Twitter, pretty badass to be honest.
37:39
So Again, this is the game theory of Bitcoin playing out,
37:42
right? You could try to ban it
37:43
someplace else but you know, you could try to ban it.
37:46
Wherever you are, have fun staying poor.
37:48
The miners are just going to move where they're just treated
37:50
best as better jurisdiction, right?
37:52
This is what we've been talking about.
37:53
We've been saying this is going to happen, this is the better
37:55
flag Theory. This is the power that Bitcoin
37:57
gives you right but I mean it doesn't really apply, I mean it
38:00
kind of applies to minors right? But not really.
38:03
So but again kind of to take the self custody aspect into this
38:07
really you could only benefit from the mobility.
38:09
T. If you have self custody of your
38:11
Bitcoin and this aspect, I know it's miners, but I'm just take
38:15
stuff custody. I'm sneaking It.
38:16
Anyways Jimbo, what are your thoughts?
38:19
Yeah, I think it's got to be hot in that room.
38:21
I mean, she's got three s9s there with.
38:23
No kind of exhaust, duct work or anything.
38:26
Just sitting there. Like, that's gotta be hot.
38:27
I mean, usually, if you really work on that but yeah, take it.
38:31
Take control your - I mean, I know this is not on the news in
38:34
this segment but the compass mining situation that is
38:37
continuing to unravel people. Not getting their miners or
38:41
things are slow. It's like a not your facility,
38:43
not your hash like you have to own your physical minors or it's
38:46
not yours. Yeah, it takes.
38:49
Custody of your mind. Unfortunately, Jimbo.
38:53
You know, some people just happen to be born in a place,
38:56
with very expensive electricity, right?
38:58
So, it's unfortunate, but I completely agree.
39:00
If it's not your, if it's not in yours, those miners aren't in
39:03
your custody. That's why you said, it's not
39:05
your minor. So I agree.
39:07
Yeah, it's an interesting problem.
39:09
I mean, I missed electricity, but it was that was the way to
39:13
do it. I mean, I wanted to, I wanted to
39:16
start the possibility of a kyc Free DC a stack.
39:20
And that's how you do it is. Run, run your own minor.
39:22
So even though it might not be, as cheap as buying on an
39:25
exchange to your electric bill, it's yours.
39:30
And, you know, you mind at yourself.
39:31
And that's on that sovereignty is an important piece.
39:34
Absolutely. I completely agree with that
39:36
bill. What are your thoughts on the
39:38
New York New York's? At New York, staying poor have
39:41
fun, staying, poor and Texas. Have fun becoming rich.
39:47
Well, at least for Worth, right? So look, you got it.
39:51
Fort Worth Fort Worth worth something.
39:54
Well, they're gonna be worth something right now.
39:55
They're worth something already. But look, the the truth of the
39:58
matter is, is that NYC? We already knew they were going
40:01
to have fun staying poor, they've been having fun staying
40:03
poor for a while. They for some reason love to
40:05
inflict pain on the the people that pay taxes over there.
40:08
So par for the course on that one.
40:11
But in terms of Fort Worth, right?
40:14
I'm gonna stay away from the, the technicals because I know
40:16
nothing about the technicals remaining, you know that now.
40:18
Eco. You know, my knowledge in mining
40:20
just really comes from you. So what I'm going to do is take
40:24
a look at this from the perspective of the game theory,
40:27
right? We now have a local government
40:30
that is a municipal government that is mining Bitcoin you know
40:35
so don't get me wrong symbolically that's cool right?
40:40
We weren't seeing this a year ago.
40:41
We weren't seeing this five years ago.
40:43
So this this starts to tell you that people aren't really
40:48
laughing. Out us anymore, right?
40:51
It's it's not, it's not so much a novelty.
40:55
Dude. Anyways it's crazy man.
40:57
This the Bitcoin didn't exist, you know 15 years ago right and
41:00
it's come all this way and the honey badger does not stop.
41:04
Anyways, what I wanted to focus on today was this article, it's
41:08
the Smoking Gun because we essentially have been making the
41:11
argument that they're really concerned about control.
41:15
They're really yeah. Yeah, yeah, yeah.
41:19
It's that bad. And I'm going to pull up the
41:21
little Enos. Each meme right here.
41:23
All right, you know now it's Now it makes a lot of sense, right?
41:27
Pull up the article again, Target the Bitcoin price,
41:30
internal documents reveal how the EU could crack down on
41:33
bitcoin and protect aetherium, right?
41:35
Why? Because they can control a
41:37
theorem and they can't control Bitcoin.
41:39
Anyways, let's get to the article as a bitcoin price has
41:42
skyrocketed. So has the Bitcoin Network
41:44
select TriCity demands with the process of securing the network.
41:47
The confirmation come firming transactions, and minting coins.
41:50
Thought to use a similar amount of electricity annually as some
41:53
small countries right already. By setting the tone right now,
41:58
after an energy and again, it's a very insincere sentence a
42:02
paragraph, right? Because like we said, like Jimbo
42:05
so beautifully, put during the number section, right Bitcoin
42:09
uses or wouldn't be economically, viable stranded
42:12
energy, meaning energy that wasn't being used or energy that
42:15
was already going to waste energy that Humanity wasn't
42:18
going to consume in the first place.
42:20
So very, very insincere and this is coming from Forbes.
42:24
Mind you Now after an energy reducing upgrades, who hear
42:28
that? Now after an energy reducing
42:31
upgrade to aetherium, the second largest cryptocurrency after
42:35
Bitcoin was pushed back to the end of the year, internal
42:40
European Union documents have revealed the extent of anti
42:44
Bitcoin sentiment among EU officials and their desire to
42:48
protect the likes of etherea. Earlier this year, Swedish
42:54
Financial Regulators in the European Union commission
42:56
discussed the possibility of banning Bitcoins proof-of-work
42:58
mining mechanism due to the environmental impact.
43:01
According to documents published by German website, I'm not
43:04
netzpolitik.org obtained. Under the eu's Freedom of
43:07
Information, laws officials went as far as suggesting the EU and
43:10
act and all right ban on trading Bitcoin to curve its overall
43:14
energy consumption, that's not going to curve anything and
43:17
suggested applying pressure to the Bitcoin Community.
43:19
Oh developers and developers to follow a theme.
43:22
You have been transitioning to the less energy demanding proof
43:25
of stake. Ethereum has been trying to
43:27
transition to proof of stake for fucking years and still hasn't
43:31
done it. It's dog shit.
43:35
Anyways, if a theorem is able to shift, we could legitimately
43:38
request the same from Bitcoin minutes of the meeting showed.
43:41
We need to protect other crypto coins that are sustainable.
43:44
And don't see the need to protect the Bitcoin Community
43:47
last month. The EU voted against a ban on
43:50
proof-of-work, bitcoin and crypto mining, which according
43:53
to the University of Cambridge Bitcoin electricity consumption
43:55
in deck. Consumes roughly 139 terawatt
43:59
hours of electricity. A year more than is used by the
44:03
Finland, but connect this with what the percentage of renewable
44:06
energies, right? The majority comes from
44:09
renewable energies, right? And the and the vast majority of
44:14
that, electricity consumed comes from Stranded electricity.
44:17
If it did come from Stranded electricity sources, it wouldn't
44:20
be economically on a wouldn't be economically viable for those
44:24
miners. Of course there's people mining
44:25
at home, you know, that are subsidizing it on a personal
44:28
level but I'm talking about if you have a couple miners right?
44:31
You need cheap electricity. And basic supply and demand wise
44:35
electricity so cheap because he's not being used, right?
44:38
Anyways, some of the men, some of the minutes text including
44:43
the response to a question on a complete Bitcoin trading man has
44:46
been redacted to protect the ongoing decision-making process.
44:52
How would the disappearance of Bitcoin affect consumers?
44:55
Ask one official involved with the response reading percent.
44:58
Participants and Bitcoin are fully aware of the volatility of
45:01
the currency /. Estimate risk.
45:04
Now put put the dots together, right?
45:08
And going to try to paint it for you guys, right?
45:10
Because we've been covering this for a couple months and I want
45:12
you guys to understand how serious this is, right?
45:17
Check out the wording from this article.
45:20
Check out New York's reasons, write as 2/1 environmentally
45:24
minded State, lawmakers concerned about fossil fuel
45:27
plants, moving into crypto lining and now, check out this
45:30
tweet that I had from a couple days ago, right?
45:34
These are all the events that we've been covering over the
45:36
months and every single, one of these events whether it's the,
45:40
the, you know, the cleaning up cryptocurrency committee at the
45:44
Senate, the EU Securities, regulator the proposal to ban
45:48
proof-of-work, New York State, Bitcoin consumes more power than
45:52
all these countries and a New York Times article and you know
45:55
what, all these things have in common Bitcoin.
45:59
Bat. Proof of stake.
46:00
Good. Proof of stake, they can
46:03
control. Proof of work, they can't
46:06
corrupt. Is it a coincidence?
46:11
And it happened way, too many times to be a coincidence.
46:13
I think this is a command, of course, there's no way to verify
46:16
this, but again, you can put two and two together, right?
46:19
I think this is a combined attack on Bitcoins
46:23
proof-of-work, by the powers that be because they can't
46:25
control Bitcoin because of proof of work.
46:29
And again, it, you know, when it was Europe doing it, when it
46:33
was, you know, New York, doing it right.
46:36
You're like, okay, you know, it maybe Coincidence.
46:40
But when you have that article that literally catches a Smoking
46:44
Gun in their hand, I think it's undeniable at this point, dude,
46:48
to be honest with you it's under you literally have them saying,
46:52
Bitcoin, bad aetherium, good, literally, and text and they
46:58
have to redact it. I don't know how much evidence
47:02
you need. Anyways, Jimbo, what are your
47:03
thoughts on this? Yeah, proof of stake is the way
47:08
everything already worked, right?
47:09
Whoever had the most gets to make the rules.
47:11
So like why would we recreate that in another system?
47:15
Like if you like that model? Then go invest with Fidelity
47:18
because, you know, whoever has the most gets more say that's
47:21
proof of stake in a nutshell and of course, because of the nature
47:25
proof of stake, it can be commandeered.
47:27
You they'll, you know, people will have offices, it'll
47:30
naturally aggregate. You know, people the exchanges
47:35
that have everybody's coins, will naturally be able to steak.
47:37
And then now the construction of exchange control, everything.
47:40
So nothing is good about proof of stake.
47:42
It's not Innovative. It's the same way.
47:43
Everything else already Works proof of work is the Innovation.
47:47
It's the way out of the Legacy system.
47:50
Absolutely 100%. I couldn't have said it better
47:52
myself. Phil last words of this men, I
47:56
thought you started. I'd for a second there.
47:57
I thought you were hosting, the fail.
47:59
Ha, ha ha, the hell was that? Like I can't believe what, you
48:03
know what I shouldn't say. I can't believe it, I should, at
48:06
this point from everything we read, should be able to believe
48:08
it. So I just wanted to remind
48:10
everyone eith owns a publication right?
48:12
Vitalic buter and father, owns a publication.
48:16
They released a document in collaboration with the world
48:20
economic Forum, which we covered when guy Swan, was on the show
48:24
where they discredit proof of work, which etherium still is.
48:29
And, and of course, touting, the benefits of proof of stake.
48:35
Okay, so this is just, this is par for the course we can see
48:39
now it's getting much more dangerous.
48:41
Niko you went through all those Publications, we covered every
48:44
single one of those in depth. I mean, It is absolutely
48:48
sickening. It is sickening that rather than
48:52
attempt to figure out how to build and incorporate with this
48:56
system, which clearly enables freedom and allows better more.
49:01
Virtuous qualities to exist it on Earth.
49:06
They'd rather just sit there and fight it and create Fudd, and
49:10
nonsense, and Division, and War and brought it.
49:14
It's psychotic, man. They would rather Other maintain
49:17
and exclusionary. How are we bro?
49:20
Dude, it's power corrupts. Absolutely, man.
49:22
They would rather keep a system that excludes then, let go of
49:28
power. So that the system that includes
49:32
could Thrive, even though it's going to thrive, anyways, you
49:34
lose an Airy power, its allusion.
49:36
Can't stop the honey badger and I also want to add to what Phil
49:39
was saying, right? You know, with metallic beaut
49:42
Aaron's, dad and all that but also you can't make this shit
49:45
up. A board member of the etherium
49:48
foundation. Actually sits is the head of the
49:51
block shit blockchain initiative of the world economic Forum.
49:54
You can't make this shit up dude.
49:57
It's total clown world out there.
49:59
But anyways, Phil door wasn't open source software released
50:01
today wanting to everybody about it.
50:02
Today, there was a pleb site so plebiscites brought to you by
50:06
Cipher safe. Check them out.
50:08
Seifer safe dot IO guys. I keep telling you I'm not gonna
50:14
stop. You need to store your seed.
50:16
In a secure place store your seed in the Cipher wheel or the
50:20
all new Cipher grid. They both come with a
50:22
tamper-resistant wire but the grid comes with a punch tool.
50:26
Shout out to Optimus Fields, our new director of chaos on Twitter
50:31
and the clips and just awesome. Awesome stuff that he's doing,
50:34
drop this in our telegram like and he's absolutely right.
50:38
Yeah. Quote.
50:39
Can I read that quote? Of course you could read that
50:41
quote but I just before you do this is a great website.
50:44
I don't know which planet has done this but Great job.
50:47
Who is Klaus? Schwab.com each excerpt and
50:51
quote has a link to the receipts.
50:54
So not only do you have simply Bitcoin which covers the
50:57
articles that they make disappear conveniently, but now
51:00
there's this website to, this is awesome.
51:02
Okay, Nico read that quote, the Bund a Mikvah presents' of real
51:06
but narrow window of opportunity to reflect reimagine.
51:09
It reset of load. Wow, clouds.
51:16
Please don't jump-scare okay. Anyways, I'll fill yes.
51:20
Why do I need to know about our podcasts?
51:22
Exactly. Right guys, as you know, with
51:25
every one of these episodes we drop audio-only episodes, don't
51:29
forget to check us out on Apple, podcast Spotify, and anchor and
51:33
if you so choose and you decide to stream my SATs, we are on
51:37
Fountain, dot dot f m-- and you could stream assets with Breeze.
51:41
Awesome. Thank you Phil.
51:42
All right guys before we going to give a very special shout-out
51:45
to our clothing sponsor. Her represent.
51:47
Represent LTD.com Phil and I wear the hoodies every day.
51:50
Feels got the new Bitcoin one. I got the giant Samurai one
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really cool stuff and you can take advantage of the link down
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Hard.com store. Also want to give a very special
52:01
shout-out to our awesome guest at Jimbo coin, he's the author
52:05
of orange coin, good, the value of Bitcoin.
52:08
You can get it on Amazon. And I also heard before we
52:11
started recording, that book two is on the way when it s happened
52:14
to him, when his book to come. Yeah, that's a really great
52:19
question. I'm gonna have to get back to
52:20
you on my next variance. He doesn't want to tell us, but
52:24
book to is coming. We just can't tell you when.
52:26
But anyways, guys, that was our show.
52:27
If you enjoyed the show you don't use, of course, you want
52:30
to continue here in the Bitcoin, use from Bitcoin will see you
52:39
all tomorrow. Is he on tomorrow's?
52:41
Episode Proof of work. They can't control proof of
52:44
stake. They can't, they